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, 2003                     Commission File No. 0-28575


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


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


           6901 South Park Avenue
            Tucson, Arizona 85706                            (520) 294-3481
    Mail:  P.O. Box 23009 Tucson AZ 85734-3009
     (Address of Principal Executive Offices)           (Issuer's Telephone No.)


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 [ x ]         No [    ]

The number of shares outstanding of each of the Registrant's classes of common
equity, as of March 31, 2003 are as follows:

            Class of Securities                           Shares Outstanding
            -------------------                           ------------------
     Common Stock, $.001 par value                           18,410,000


<PAGE>



                                      INDEX


                          PART I. FINANCIAL INFORMATION


Item 1.     Financial Statements.

            Consolidated Balance Sheets (Unaudited):

            As of March 31, 2003 ...................................         3

            Consolidated Statements of Operations (Unaudited):

            For the three-month periods ended March 31, 2003........         4

            Consolidated Statement of Changes
           in Stockholders' Equity (Unaudited):

            For the three months ended March 31, 2003...............         5

            Consolidated Statements of Cash Flows (Unaudited):

            For the three-month periods ended March 31, 2003........         6

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


Item 2.     Management's Discussion and Analysis or
            Plan of Operation.......................................        16

Item 3.     Controls and Procedures.................................        22


                           PART II. OTHER INFORMATION


Item 5.     Other Information     ..................................        22

Item 6.     Exhibits and Reports on Form 8-K .......................        22

            Signatures..............................................        23

            Certifications..........................................        41


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                          PART I. FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS.

                       RENEGADE VENTURE (NEV) CORPORATION
                           CONSOLIDATED BALANCE SHEET
                                at MARCH 31, 2003
                                    UNAUDITED

                                     ASSETS


Current Assets

Cash and cash equivalents                                             $   23,657
Accounts receivable                                                    1,536,787
Costs and estimated earnings in excess
of billings on contracts in progress                                      14,200
Inventory                                                                325,174
Other current assets                                                      32,938
                                                                      ----------

  TOTAL CURRENT ASSETS                                                 1,932,756

Property, plant and equipment                                            475,502
Other non-current assets                                                  46,209
                                                                      ----------

  TOTAL ASSETS                                                        $2,436,467
                                                                      ==========

                      LIABILITIES AND STOCKHOLDERS' EQUITY


Current Liabilities

Note payable                                                            351,863
Note payable-related party                                              117,000
Accounts payable - trade                                              1,003,731

Due to factor                                                           215,219


Accrued liabilities                                                   1,159,560
Commitments & Contingencies                                                   0
                                                                    -----------

  TOTAL LIABILITIES                                                   2,847,373
                                                                    ===========

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, 18,980,000 shares issued and 18,410,000
  shares outstanding                                                     19,360
Additional paid-in capital                                            1,904,075
Deferred compensation                                                   (48,000)
Contributed capital                                                     520,289
Accumulated deficit                                                  (2,570,785)
Accumulated earnings (deficit) current year
                                                                       (121,845)
                                                                    -----------

  Total paid-in capital and accumulated deficit                        (296,906)

Less: treasury stock, at cost, 330,000 shares                          (114,000)
                                                                    -----------

  TOTAL STOCKHOLDERS' EQUITY                                           (410,906)
                                                                    -----------

  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                        $ 2,436,467
                                                                    ===========

                                        3

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                       RENEGADE VENTURE (NEV) CORPORATION
                      CONSOLIDATED STATEMENT OF OPERATIONS
                      for the QUARTER ENDED MARCH 31, 2003
                                    UNAUDITED




Net Sales                                                             3,448,225

Cost of Sales                                                        (2,818,668)
                                                                    -----------

Gross Profit                                                            629,557

Selling, general and administrative expenses                           (701,485)
                                                                    -----------

Loss from Operations                                                    (71,928)

Other Income (Expense):
  Interest Income                                                        37,639
  Interest Expense                                                      (58,134)
  Miscellaneous expense                                                  (1,553)
  Miscellaneous income                                                    5,190
  Penalties                                                             (33,059)
                                                                    -----------

Net Loss                                                            $  (121,845)
                                                                    ===========

Net Loss per Share                                                  $     (0.01)
                                                                    ===========




                                       4

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                       RENEGADE VENTURE (NEV) CORPORATION
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
                 FOR THE THREE MONTH PERIOD ENDED MARCH 31, 2003


                                    UNAUDITED


                                             Common Stock
                               ---------------------------------------------
                                 Shares                           Amount
                               -----------                    --------------

Balance at
December 31, 2002              $18,980,000                    $       19,360

No Activity
through March
31, 2003                                 -                                 -

                               -----------                    --------------
Balance at March
31, 2003                        18,980,000                            19,360
                               ===========                    ==============



                                       5

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                       RENEGADE VENTURE (NEV) CORPORATION
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                      for the QUARTER ENDED MARCH 31, 2003
                                    UNAUDITED

                                                                     Three Month
                                                                    Period Ended
                                                                      3/31/2003
                                                                    ------------

Increase (Decrease) in Cash and Cash Equivalents:

Cash flows from operating activities:
    Net Loss                                                          $(121,845)

Adjustments to reconcile net loss to
  net cash provided (used) by operating
  activities:
    Depreciation                                                         26,306
    Deferred compensation expensed                                       18,000

Changes in Assets and Liabilities:
    Accounts receivable                                                (783,314)
    Prepaid expenses                                                     67,844
    Other current assets                                                 87,412
    Other non-current assets                                             (3,000)
    Costs and estimated earnings in excess of
      billings on contracts in progress                                 (14,200)
    Accounts payable
    - trade                                                             281,564
    - related party                                                     (58,389)
    Due to factor                                                       108,735
    Billings in excess of costs and estimated
      earnings on contract in progress                                  (73,351)
    Accrued liabilities                                                 243,545
                                                                      ---------

Net cash used by operating activities                                  (220,693)
                                                                      ---------

Cash flows from investing activities:
    Purchase of property, plant and equipment                            (8,604)
                                                                      ---------

Net cash used by investing activities                                 $  (8,604)
                                                                      ---------

Cash flows from financing activities:
    Notes payable                                                        48,938
    Notes payable - related party                                       300,000

                                                                      ---------

Net cash provided by financing activities                               251,062
                                                                      ---------

Net increase in cash and cash equivalents                                21,766

Cash and cash equivalents at beginning of period                          1,891
                                                                      ---------

Cash and cash equivalents at end of period                            $  23,657
                                                                      =========

Note: On March 1, 2003 an agreement was entered into for a $675,000 bridge loan,
the term of which is 6 months with an additional 30 day option, at 1.25%
interest per month. $300,000 had been received at 3/31/03.

                                       6

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                       RENEGADE VENTURE (NEV) CORPORATION
                          NOTES TO FINANCIAL STATEMENTS
                                 MARCH 31, 2003
1. BASIS OF PRESENTATION

The accompanying unaudited financial statements have been prepared in accordance
with accounting principles generally accepted in the United States of America
for financial information. In the opinion of management, all adjustments
consisting of normal recurring adjustments considered necessary to a fair
presentation have been included.

The condensed consolidated financial statements include the accounts of Renegade
Venture (NEV.) Corporation and its wholly owned subsidiaries, Hamilton Aerospace
Technologies, Inc. ("HAT") and Johnstone Softmachine Corporation ("Johnstone"),
collectively, the ("Company"). All were acquired by Renegade on April 30,2002.
As such, the financial statements reflect the accounting activity of Hamilton
Aerospace since its inception, April 5, 2002. (See Pending Matter in Footnote
3).

2. ORGANIZATION AND NATURE OF OPERATIONS

Renegade Venture (Nev.) Corporation, formerly Renegade Venture Corporation, was
incorporated on February 13, 1989, as a Delaware corporation. In 1997, the
Company was re-domiciled 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.

On April 30, 2002, the Company did an acquisition of Hamilton Aerospace
Technologies, Inc. (see below). Prior to the acquisition, the Company was
primarily inactive. As a result of the acquisition, the Company's operations are
now focused on large aircraft maintenance, repair and modification services
provided to owners and operators of large, transport-category, commercial jet
aircraft. On April 30, 2002, the Company acquired 100% of the common stock of
Hamilton Aerospace Technologies In. ("HAT") pursuant to a Stock Exchange
Agreement whereby the former shareholders of Hamilton Aerospace received
12,500,000 common shares of Renegade Venture (NEV.) Corporation. Subsequent to
the acquisition there were 16,200,000 total common shares outstanding. Hamilton
Aerospace was formed on April 5, 2002 and commenced operations on April 15,
2002. HAT provides large aircraft maintenance, repair and modification services
to owners and operators of large transport-category commercial jet aircraft.
Services of this nature are required and needed by passenger and cargo air
carriers, aircraft lessors, and governmental entities.


On April 12, 2002, Renegade Venture (NEV.) Corporation acquired 100% of the
common stock of Johnstone Softmachine Corporation (Johnstone) pursuant to the
Stock Purchase Agreement and Plan of Reorganization by and between LogiCapital
Corporation (the principal shareholder of Johnstone), an entity controlled by
John Brasher, who, at that time, was a director of Renegade Venture (NEV.)
Corporation (he has since resigned) and Renegade Venture (NEV.) Corporation. Mr.
Brasher was also a principal stockholder of Renegade Venture (NEV.) Corporation
prior to the merger. As such, this transaction represented a transfer between
control groups and is reported on a historical cost basis. Johnstone was formed
on May 8, 1996, has had no substantial operations, and is in the development
stage.

                                       7

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3.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates

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.

Pending Matter

The Company, through its subsidiary HAT, Inc. had entered into various contracts
with a company called Hamilton Aviation, Inc. ("Hamilton Aviation"). Currently,
the Company is leasing equipment from Hamilton Aviation on a month-to-month
basis for $8,000 per month.

The prior contracts provided for a purchase of Hamilton Aviation and/or capital
lease to acquire Hamilton Aviation's equipment. These contracts have expired or
have been amended. Accounting standards require the disclosure of the prior
company's financial statements if it is deemed that a business has been
acquired, pursuant to Article 11-01(d) of Regulation S-X. Due to the
complexities involved in the transactions, the Company has sought a definitive
determination with the U.S. Securities and Exchange Commission as to whether a
business acquisition has occurred. Should it be decided that the Company has
acquired the business of HAM, an amended filing will be made to report the prior
financial activity of HAM. It should be noted that HAM has filed for protection
under Article II of the U.S. Bankruptcy Code, and currently has either no or
minimal operations.

Trade Accounts Receivable

Trade accounts receivable represent amounts billed but uncollected on both
completed and in-progress aircraft repair and maintenance contracts.

The Company follows the allowance method of recognizing uncollectible accounts
receivable. The allowance method recognizes bad debt expense as a percentage of
accounts receivable based on a review of accounts receivable outstanding and the
Company's prior history of uncollectible accounts receivable. As of March 31,
2003, there was no allowance for doubtful accounts as all receivables were
deemed collectible.

Property and Equipment

Property and equipment are recorded at cost. Depreciation is provided for on the
straight-line method over the estimated useful lives of the assets. Amortization
of leasehold improvements is computed using the shorter of the lease term or the
expected useful life of the assets. Maintenance and repairs that neither
materially add to the value of the property nor appreciably prolong its life are
charges to expense as incurred. Betterments or renewals are capitalized when
incurred. Property and equipment are reviewed periodically to determine whether
any events or circumstances indicate that the carrying amount may not be
recoverable. Such review includes estimating future cash flows.

                                       8

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Revenue and Cost Recognition

Revenues from fixed-fee contracts for MROM sales are recognized on the
percentage-of-completion method, measured by the cost-to-cost method, commencing
when progress reaches a point where experience is sufficient to estimate final
results with reasonable accuracy. Revision in cost and labor hour estimates and
recognition of losses on these contracts are reflected in the accounting period
in which the facts become known. Revenues from time and material contracts are
recognized as the services are performed.

New Accounting Pronouncements

In October 2001, the FASB issued SFAS No. 144, "Accounting for the Impairment
for Disposal of Long-Lived Assets", which addresses financial accounting and
reporting for the impairment or disposal of long-lived assets. This statement
supersedes SFAS No. 121 and the accounting and reporting provisions of
Accounting Principles Board ("APB"), Opinion No. 30 "Reporting the Results of
Operations - Reporting the Effects of Disposal of a Segment of a Business, and
Extraordinary, Unusual and Infrequently Occurring Events and Transactions", for
the disposal of a segment of a business.

The Company adopted the provisions of SFAS No. 144 effective as of July 30,
2002. The implementation of SFAS No. 144 did not have a material effect on the
Company's financial position and results of operations.

In November 2001, the Emerging Issues Task Force ("EITF") reached a consensus on
EITF Issue No. 01-09, "Accounting for Consideration Given by a Vendor to a
Customer or a Reseller of the Vendor's Products" ("EITF No. 01-09"). EITF No.
01-09 requires recording certain consideration paid to distributors of the
Company's products as a reduction of revenue. The Company adopted the provisions
of EITF No. 01-09 effective June 30, 2002. The implementation of EITF No. 01-09
did not have a material effect on the Company's financial position and results
of operations.

In April of 2002, FASB issued SFAS No. 145, "Rescission of FASB Statements No.
4, 44 and 64,Amendment of FASB Statement No. 13, and Technical Corrections,"
which is effective for fiscal years beginning after May 15, 2002. Under SFAS No.
145, gains and losses from the extinguishment of debt should be classified as
extraordinary items only if they meet the criteria of APB Opinion No. 30. SFAS
No. 145 also addresses financial accounting and reporting for capital leases
that are modified in such a way as to give rise to a new agreement classified as
an operating lease. The Company believes that the adoption of SFAS No. 145 will
not have a material impact on the consolidated financial position or results of
the operations of the Company.

In June 2002, the FASB issued SFAS No. 146, "Accounting for Exit or Disposal
Activities". SFAS No. 1446 addresses significant issues regarding the
recognition, measurement, and reporting of costs that are associated with exit
and disposal activities, including restructuring activities that are currently
accounted for under EITF No. 94-3, "Liability Recognition for Certain Employee
Termination Benefits and Other Costs to Exit and Activity (including Certain
Costs Incurred in a Restructuring)." The scope of the SFAS No. 146 also includes
costs related to terminating a contract that is not a capital lease and
termination benefits that employees who are involuntarily terminated receive
under the terms of a one-time benefit arrangement that is not an ongoing benefit
arrangement or an individual deferred-compensation contract. SFAS No. 146 will
be effective for exit or disposal activities that are initiated after December
31, 2002, but early application is encouraged. The provisions of EITF No. 94-3
shall continue to apply for an exit activity initiated under an exit plan that
met the criteria of EITF No. 94-3 prior to the adoption of SFAS No. 146.
Adopting the provision of SFAS No. 146 will change, on a prospective basis, the
timing of when restructuring charges are recorded from a commitment date
approach to when the liability is incurred.

                                       9

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Stock-Based Compensation

As permitted under the Statement of Financial Accounting Standards No. 123 (SFAS
No. 123), "Accounting for Stock-Based Compensation", the Company accounts for
its stock-based compensation to employees in accordance with the provisions of
Accounting Principles Board (APB) Opinion No. 25, "Accounting for Stock Issued
to Employees". As such, compensation expense is recorded on the date of grant
only if the current market price of the underlying stock exceeded the exercise
price. Certain pro forma net income and EPS disclosures for employee stock
option grants are also included in the notes to the financial statements as if
the fair value method as defined in SFAS No. 123 had been applied. Transactions
in equity instruments with non-employees for goods or services are accounted for
by the fair value method.

4. PROPERTY AND EQUIPMENT

      Land and improvements                                 $  25,094
      Buildings and improvements                               25,133
      Machinery and equipment                                 441,564
                                                            ---------

      Less accumulated depreciation                            34,289
                                                            ---------

              Property and equipment, Net                   $ 457,502
                                                            =========
5. SHAREHOLDERS' EQUITY

Common Stock

In 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 exchanged into one share of common
stock. This action reduced the 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. In addition, the amount of authorized
preferred stock was changed to 5,000,000 shares. As a result of the
re-domiciliation to Nevada, statutory par value of $.001 for both common and
preferred stock was established.

As discussed in Note 1, the Company has gone through two acquisitions during the
quarter ended June 30, 2002. Under the terms of these mergers, the Company
issued 3,000,000 common shares to the stockholders of Johnstone Softmachine
Corporation and 12,500,000 shares to the stockholders of Hamilton Aerospace
Technologies, Inc. The issuance of these shares is reflected in the accompanying
financial statements.

                                       10

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Stock Options

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 (5)
years.

During 1996, the Company's shareholders also 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 re-domiciliation to Nevada, 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. Under
the terms of both of these plans, the Company is not permitted to issue options
from these plans after April 15, 2004.

During the quarter ended June 30, 2002, the Company's directors approved the
2002 Compensatory Stock Option Plan. The plan provides for options to purchase
up to 3,000,000 shares of common stock. 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 ten (10) years. Under the terms of
the plan, the Company is not permitted to issue options from the 2002
Compensatory Plan after April 14, 2012.

On May 5, 1999, the Company issued 1,000,000 stock options to two directors
under the 1997 Compensatory Stock Option plan. These options had a three (3)
year term and an exercise price of $.05 per share. These options were exercised
on April 30, 2002, resulting in total proceeds to the Company of $50,000.
Subsequently, these two directors resigned and were replaced on the Board after
the reverse merger with Hamilton Aerospace.

On May 3, 2002, the Company also granted and issued 1,000,000 shares of common
stock to various directors, employees, and consultants of the Company under the
1997 Employee Stock Compensation Plan. The Company recorded an expense of
$330,000 for the quarter ended June 30, 2002 as a result of this grant, which is
included in selling, general and administrative expenses on the accompanying
statement of operations.

On May 31, 2002, the Company granted and issued 650,000 common shares to an
employee and consultants in exchange for options granted on May 3 2002, under
the 1997 Compensatory Stock Option Plan for additional services that were
rendered. The Company has recorded an expense of $650,000 for the quarter ended
June 30, 2002 as a result of this grant, which is included in selling, general
and administrative expenses on the accompanying statement of operations.

Prior to June 30, 2002, 330,000 of the shares previously granted to consultants
for services rendered were returned to the Company to reflect a $99,0000
adjustment to the value of the services performed.

On November 15, 2002, The Board cancelled 1,180,000 of unexercised options
issued under the 2002 Compensatory Stock Option Plan. The options were
exercisable by their terms only during the respective optionee's employment or
other service with the Company, or during a 30-day grace period following
termination without cause of such employment or other service.

On November 14, 2002, the Company granted 150,000 shares of common stock to an
outside consultant of the Company under the 1997 Employee Stock Option Plan. The
Company values the services received at $25,000 and recorded an expense in that
amount for the quarter ended December 31, 2002. This expense is included in
selling, general and administrative expenses on the accompanying statement of
operations.

On December 5, 2002, the Board agreed to grant options to key management
personnel of HAT in the amount of 240,000 shares under the 2002 Employee Stock
Option Plan. Options will be restricted for one year and have been recorded as
deferred compensation, with 3/12 of their value of $72,000 expensed during the
quarter ended March 31, 2003. This expense is included in selling, general and
administrative expenses on the accompanying statement of operation.

                                       11

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As of March 31, 2003, the Company has 2,590,000 compensatory stock options
authorized and available for grant under the terms of the 2002 Compensatory
Stock Option Plan and 1,090,000 shares available under the 1997 Compensatory
Stock Option Plan. As of March 31, 2003, the Company had no shares available for
issuance under the 1997 Employee Stock Compensation Plan.

Pro-forma Stock-based Compensation Disclosure

The Company has adopted the disclosure-only provisions of SFAS No. 123,
"Accounting for Stock-Based Compensation." but applies accounting Principles
Board Opinion No. 25, "Accounting for Stock Issued to Employees", and related
interpretations in accounting for its plans.

6. DUE TO FACTOR

As of March 31, 2003, the Company had placed invoices belonging to a single
customer, in full recourse financing. The debt is secured by the Company's
accounts receivable due from that customer, and bears interest at a rate of 42%
to 52% per annum. The total amount of invoices placed is $1,229,386 on which the
factor advanced $999,909. At March 31, 2003, the customer had made payments
totaling $810,856, leaving a balance due to the factor of $189,053, payable by
the customer.

7. RELATED PARTY TRANSACTIONS

Hamilton Aviation, Inc.

On April 15, 2002, HAT entered into a Sale of Assets Agreement with Hamilton
Aviation, a privately held Arizona corporation. The agreement contemplated the
purchase by Hamilton Aerospace of substantially all of Hamilton Aviation's
equipment and inventory used in its aircraft maintenance, repair and
modification services business. Under the terms of this agreement, the closing
date was to be not later than July 15, 2002.

Also on April 15, 2002, Hamilton Aerospace entered into a Lease/Purchase
Agreement with Hamilton Aviation for the same assets that were included in the
Sale of Assets Agreement. Under the Lease/ Purchase Agreement, these assets
would be leased for a term of three (3) years or until the Sale of Assets
Agreement closed, at which time, all asserts would transfer to Hamilton
Aviation. The Lease / Purchase Agreement provided for payments in the amount of
$8,000 per month to Hamilton Aviation through April 15, 2005. Provided that the
Sale of Assets Agreement did not close by the expiration of Lease /Purchase
Agreement, title of all assets covered under the Lease / Purchase Agreement
would pass from Hamilton Aviation to Hamilton Aerospace upon expiration of the
Lease/Purchase Agreement.

On May 9, 2002, Hamilton Aviation filed for protection under Chapter 11 of the
United States Bankruptcy Code. Since that time the Sale of Assets Agreement
between Hamilton Aviation and Hamilton Aerospace lapsed and accordingly, the
Company continued to operate under the Lease/Purchase Agreement. Accordingly,
the Company entered into negotiations with the trustee for Hamilton Aviation to
re-negotiate the terms of the Lease/Purchase Agreement so as to convert it to an
operating lease. A new month-to-month lease was negotiated with payments of
$8000 per month. On February 10, 2003, the judge presiding over the Chapter 11
Bankruptcy of Hamilton Aviation approved a Sale of Assets Agreement between
Hamilton Aviation and Hamilton Aerospace. The agreement is for a purchase price
of $1.5 million, with a down payment, in the amount of $300,000. The balance is
payable monthly at 6 1/2% interest. Funding for the down payment is available at
this time.

                                       12

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The Company is currently operating its aircraft maintenance, repair and
modification services business from facilities previously occupied by Hamilton
Aviation. The facilities remain under lease between Hamilton Aviation and the
Tucson Airport Authority. The Company at March 31, 2002 was negotiating its own
lease with the Tucson Airport Authority. The Company is making payments to
Hamilton Aviation, who remits the funds to the Tucson Airport Authority. (see
SUBSEQUENT EVENTS)

Notes Payable

As of March 31, 2003, the Company had a note payable to a director of the
Company in the amount of $117,000.00, (accrued interest through March 31, 2003
is $6,083.55). The note bears interest at 10% per annum, and is payable upon
demand.

8. CONTRACTS IN PROGRESS

At March 31, 2003, costs and estimated earnings in excess of billings and
billings in excess of costs and estimated earnings on uncompleted contracts
consist of the following:

Costs incurred on uncompleted contracts                  13,162

Profit earned to date                                    23,792
                                                        -------
                                                         36,954

Less:  Billings to date                                - 62,085
                                                        -------

                                                       - 25,131
                                                        =======

Included in the accompanying balance sheet at March 31, 2003 under the following
caption: Costs and estimated earnings in excess of billings


Costs and expenses in excess from above                - 25,131
Time and material earnings unbilled                      39,331
                                                        -------
                                             Net         14,200
                                                        =======

9. TRADE ACCOUNTS RECEIVABLE
As of March 31, 2003, trade accounts receivable consist of the following:

Contracts in progress                                   267,201
Completed contract                                    1,269,586
                                                      ---------
                                                      1,536,787

Less:  allowance for doubtful accounts                     --
                                                      ---------

                                                      1,536,787
                                                      =========

                                       13

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10. MANAGEMENT COMPENSATION

On October 22, 2002, it was resolved by the Board that the annual compensation
for the current chairman, president and chief operating officer should be
$250,000 per annum plus bonuses, stock options, medical benefits and salary
increases at the discretion of the Board, for each person occupying each office.
However, it was recognized that the Company in 2002 did not have the cash to pay
all of this remuneration.

Salaries paid in 2003 by the Company to executive officers:

         Ian Herman, Chairman                               $24,926.40
         Ronald Clark, Director                             $24,926.40
         John Sawyer, Director       (President of HAT)     $32,308.80

No stock or options awarded to executive officers in the first quarter of 2003.

The Company intends to take back a number of its outstanding shares of common
stock of approximately 2,900,000 shares from OMAC. It was resolved that,
contingent upon the shares being recovered from OMAC, the Company will assign up
to 2.9 million shares of its restricted common stock, in equal amounts, to
Messrs. Clark, Herman and Sawyer. Since this would be an assignment of shares,
no additional dilution to the shareholders from the number of shares previously
outstanding will be incurred. Messrs. Clark, Herman and Sawyer agreed to waive
their right to take this stock in 2002.

11. INCOME TAXES

The Company had no current State or Federal income tax expense for the quarter
ended March 31, 2003. Deferred tax assets and liabilities are determined based
on the difference between currently enacted tax rates. Deferred tax expense or
benefit is the result of the changes in deferred tax assets and liabilities.

Deferred income taxes arise principally from the temporary differences between
financial statement and income tax recognition of net operating losses.

                                       14

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The components of deferred taxes at December 31, 2002 is summarized below:

Net operating loss carry-forward                            $900,000
  Less valuation allowance                                  (900,000)
                                                            --------
  Deferred tax asset-net                                    $   --

At December 31, 2002, the Company has approximately $2,500,000 of unused Federal
net operating loss carry-forwards, which expire in the year 2020.

12. GOING CONCERN

The accompanying consolidated financial statements have been prepared assuming
the Company will continue as a going concern. The Company has incurred losses
since acquiring Hamilton Aerospace in May of 2002. (as discussed in Note 1). The
Company requires and is currently pursuing additional capital for growth and
strategic plan implementation. On December 15, 2002, the Company entered into an
agreement with American Capital Ventures, L.L.C to provide the Company with a
credit facility of up to $6,000,000. On March 1, 2003, Hamilton Aerospace and
the Company signed a secured promissory note with American Capital Ventures,
L.L.C. as the lender. The principal amount of the note is $675,000. Interest is
payable in monthly installments at the rate of l.25% per month, payments
beginning April 1,2003. The entire unpaid Principal and any accumulated, accrued
or unpaid interest thereon are due and payable on September 1, 2003. This loan
represents the first installment of a bridge loan of up to $2 million. It is
anticipated that this bridge loan will be replaced by a combination of a
preferred stock offering and a $4 to $6 million credit facility.

13. SUBSEQUENT EVENTS

On April 1, 2003 HAT signed a lease with the Tucson Aviation Authority,
("TAA"),covering the facility occupied by HAT at Tucson International airport,
effectively terminating the payment of sub-lease rents to Hamilton Aviation as
of May 1, 2003, the Commencement Date of the new lease. The lease stipulates a
monthly rental amount of $14,385.00. The lease also calls for a one-time
payment to TAA, on or before the Commencement Date, in the amount of $35,321.63.
The lease also stipulates that HAT, as tenant, provide a $75,000.00 valid surety
bond or irrevocable letter of credit drawn in favor of TAA.

On April 7, 2003 HAT signed a parking license agreement with TAA for an as-is
parking area to the North of the HAT facility to be used for additional parking
of transient aircraft. The current parking fee is $585.00 per aircraft per
month, plus taxes.


                                       15

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

                           FORWARD-LOOKING STATEMENTS

This report contains certain forward-looking statements and information relating
to Renegade Venture (NEV) Corporation "Renegade" and its wholly owned subsidiary
Hamilton Aerospace Technologies Inc. "HAT" that are based on the beliefs of our
management as well as assumptions made by and information currently available to
our management. When used in this report, the words "anticipate", "believe",
"estimate", "expect", "intend", "plan" and similar expressions, as they relate
to Renegade, HAT, or its management, are intended to identify forward-looking
statements. These statements reflect management's current view of Renegade and
HAT concerning future events and are subject to certain risks, uncertainties and
assumptions, including among many others: relating to our results of operations,
competitive factors, shifts in market demand, and other risks and uncertainties
(including those described under "Risk Factors" below and elsewhere in this
report), our ability to generate sufficient working capital to meet our
operating requirements and service our indebtedness, our ability to refinance
our secured debt, which comes due in September 2003, or to convert such debt to
equity, maintaining good working relationships with our vendors and customers,
our ability to attract and retain qualified personnel, future terrorist-related
activities, economic factors that affect the aviation industry, changes in
government regulation, increases in fuel prices, and the overall economy.

                                     PART 1

The following discussion and analysis should be read in conjunction with the
information set forth under "Management's Discussion and Analysis or Plan of
Operation in our annual report on form 10-KSB for 2002. Renegade Venture (Nev.)
Corporation ("Renegade") is a public company that trades in the U.S.
over-the-counter market. Our common stock is quoted on the OTC Bulletin board
under the symbol RDVN. On May 2, 2002, Renegade acquired newly formed aviation
company Hamilton Aerospace Technologies, Inc., a Delaware corporation ("HAT") in
a stock-for-stock exchange. Hat was formed on April 5, 2002, to create a
premier provider of large aircraft maintenance, repair, overhaul and
modification (MROM") services to owners and operations of certain Transport
Category commercial jet aircraft. Its customers are all aircraft operators,
including passenger and cargo air carriers, and aircraft leasing companies.
Renegade's plan of operation for the immediate future is to seek and to acquire,
if possible, aviation industry related businesses to complement its Hamilton
Aerospace Technologies subsidiary. Additionally, the Company will seek to expand
Hamilton Aerospace. Renegade will not limits its search for business combination
candidates to any particular geographical area. Management of Renegade will seek
combination candidates in the United States and other countries, as available
time and resources permit, through existing associations and by word of mouth.
This plan of operation has been adopted in order to attempt to create value for
Renegade's shareholders.

HAT is a repair station licensed by the Federal Aviation Administration (FAA)
and by the Joint Aviation Authority of the European Economic Community (JAA),
and is known as an "Air Agency" in FAA parlance. Its MROM services include
maintenance, repair overhaul and modification services for narrow-body Transport
Category aircraft, repair and overhaul services on a wide range of aircraft
components and aircraft interiors, and servicing of Pratt & Whitney JT8D and
General Electric CFM56 engines. Our major modification services comprise the
conversion of passenger aircraft to freighter configuration. In order to control
overhead expense, some services are outsourced, such as engine overhaul. Key
operational strategies of HAT are governed by the complexity of aircraft
maintenance operations. It is essential that HAT employ highly experienced and
highly competent people in key management positions. This is necessary both to
attract and keep business and to maintain HAT's good standing with the FAA.
Accordingly, HAT has found it most cost effective to attract and keep key
personnel by offering attractive salaries, while aggressively replacing those
key employees who, after given a reasonable opportunity to do so, fail to
successfully meet their job requirements. While this may seem harsh, the
critical public safety issues associated with commercial aircraft maintenance
require that HAT quickly identify and address any shortcomings in the oversight
of its activities.

                                       16

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Similarly, in an industry where aircraft down time represents tens of thousands
of dollars a day in lost revenue, and a mis-drilled hole or a bolt left in an
engine inlet can cost tens of thousands of dollars to address, HAT has found it
most cost effective to pay its production personnel wages at the higher end of
national standards while demanding in return a high level of professionalism
from its employees. To insure that a good level of communication is maintained
with all employees, HAT provides regular written evaluations to all employees.

The principal focus of the operations group at HAT is the implementation of
strategies to enhance worker productivity, which include assigning dedicated
crews and dedicated project managers to each maintenance and modification job,
ongoing training for supervisors, project managers and quality control
personnel, and improving material flow to each job site. HAT also is
strengthening its production planning and control department for the purpose of
improving pre-input planning, responsiveness to unexpected maintenance finds or
changes in customer work scope, and the efficiency with which, when necessary,
manpower flows from one job to another.

Aircraft maintenance and modification is a highly regulated industry, and a good
working relationship with the FAA is essential to the successful operation of an
FAA-approved Repair Station such as HAT. The policy of HAT management is to work
closely and proactively with the FAA, which has resulted in the very positive
relationship needed to insure that when significant issues do occasionally arise
between HAT and the FAA they are addressed in a reasonable and constructive
nature.

HAT competes principally on the high quality of its services, its price
competitiveness due to its location in the Southwest and low labor rates, its
dry, mild climate and ability to do many MROM projects outdoors, and the low
cost of its Tucson facility. In the past year, predominantly due to the
September 11, 2001 event, five major repair stations either ceased doing
business or filed Chapter 11, including Hamilton Aviation, HAT's predecessor.
This has restricted the supply of services to the industry and opened up an
opportunity for HAT.

The large aircraft repair business is highly competitive. Revenues are sensitive
to adverse changes in the air carrier business, with factors such as airline
profit levels, changes in fuel costs, average fare levels, and passenger demand.
The heavily regulated airline industry, however, requires scheduled maintenance
and repair services irrespective of industry economics, thus providing a
reasonably steady market for HAT's services.

As a holding company, all our operations are currently and were as of March 31,
2003, conducted by our operating subsidiary, HAT, which was organized on April
5, 2002. Unless otherwise specified, the operations discussed below pertain to
operations of HAT since its operations began on April 15, 2002.

                                       17

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RECENT DEVELOPMENTS AFFECTING OUR OPERATIONS

The September 11th terrorist attacks carried out against the United States of
America in 2001 have had a severe impact on the aviation industry. As a result
of these attacks and its related aftermath, many commercial passenger airlines
and air cargo carriers reported significant reductions in their operations,
taking more than 20% of their aircraft out of service, either parking them or
returning them to leasing companies. This reduction in operations caused the
airline industry in general to incur significant losses in 2001 and 2002 and
decreased revenues for MROM facilities that depend significantly on airline
customers, which HAT does not. While airlines remain hopeful that passenger
levels will soon return to pre-September 11th levels, the effect of the
terrorist acts, the continued alerts by the U.S. Department of Homeland Security
and fears of new terrorist attacks, the U.S.-led invasion of Iraq, high fuel
costs and the state of the economy in general likely will continue to have a
negative impact on aviation. In response to these factors, during 2001 we took
steps, including head count reductions, to reduce our costs. These terrorist
attacks have also impacted our competition with some of our competitors exiting
the MROM business.

                              RESULTS OF OPERATIONS

HAT operating revenues consist primarily of service revenues and sales of
materials consumed while providing services, net of allowances for returns. Cost
of sales consists primarily of labor, materials and freight charges. Our
operating results have fluctuated in the past and may fluctuate significantly in
the future. Many factors affect our operating results, including timing of
repair orders and payments from large customers, competition from other
third-party MROM service providers, the state of the aviation industry and the
number of customers seeking services, the impact of fixed pricing on gross
margins and our ability to accurately project our costs, ability to obtain
financing and other factors.

Significant portions of our operating expenses, such as insurance, rent, debt
payments, certain salaries and such, are relatively fixed. Since we typically do
not obtain long-term commitments from our customers, we must anticipate the
future volume of orders based upon the historic patterns of our customers and
upon discussions with our customers as to their future requirements.
Cancellations, reductions or delays in orders by a customer or group of
customers could have a material adverse effect on our business, financial
condition and results of operations.

Results in the first quarter, ended March 31, 2003 reflect the continual upward
trend in revenues for HAT. Operating revenue for the three months ended March
31, 2003 was $3,448,225. HAT was not in existence during the first quarter of
2002, and Renegade had no other operations during Q1 of 2002, thus a direct
comparison of operating results for the first quarter is not possible. However,
by contrast, our total revenues from April 15, 2002 inception through December
31, 2002, a period of approximately eight months, were $5,009,703 and our
revenues for the fourth quarter of 2002 were $2,074,326.

The acceleration in revenue is primarily attributable to increased hours billed
performing our core MROM services. The increase is due to our success in
securing new customers and securing more business from existing customers as
their experience with us gives them confidence in the quality of our work and
our ability to equal or exceed customer expectations for on-time delivery. By
comparison, we billed customers for 58,445 hours for the first quarter of 2003,
but billed hours for the entire 8 1/2 month period from April 15, 2002 through
December 31, 2002 totaled only 72,523. The first quarter of 2003 saw a steady
monthly increase in billed hours, which were 18,973, 19,360 and 20,112 for
January, February and March respectively. Revenues did not include any revenue
from sales of assets or extraordinary items. Four (4) of our customers accounted
for 75.5% of first quarter revenues.

                                       18

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On a consolidated basis, we realized $121,845 loss on gross revenues of
$3,448,225, although HAT on a stand alone basis made a $23,087 profit. This is
the second straight quarter of profitable operation for HAT separately. The
improvement in revenue and earnings trends over the last two quarters is
indicated by the fact that the $121,845 consolidated loss for the quarter ended
March 31, 2003 was significantly smaller than the $227,847 loss realized for the
4th quarter of 2002 on consolidated revenues of only $2,074,326. In fact, our
consolidated gross profit for the first quarter of 2003 (after deducting cost of
sales but before overhead costs) was $629,557, which was greater than the gross
profit for our entire 2002 operating year.

Gross profit levels during any particular period are dependent upon the number
and type of aircraft serviced, the contract terms under which services are
performed and the efficiencies that can be obtained in the performance of such
services. Significant changes in any one of these factors could have a material
impact on the amount and percentage of gross profits. Additionally, gross profit
could be impacted in the future by considerations as to the value of our
inventory.

HAT operating expenses were $556,553 for the first quarter and as a percentage
of revenues were 16% for the first quarter. As a result of these factors, income
from operations was $71,928 for the first quarter, ended March 31, 2003. It
should be noted that legal expenses for the quarter were $37,624 and were higher
than anticipated due to the non-recurring expense of lease negotiation with
Tucson Airport Authority. (see SUBSEQUENT EVENTS)

Interest expense relates primarily to the cost of borrowing from a factor
against certain receivables and to interest on the secured bridge loan facility
discussed below. During the first quarter, we borrowed a total of $377,202 on
receivables and received $300,000 under the secured bridge loan facility.

The following table depicts our results of operations for the first quarter of
2003, on both a consolidated basis and the stand-alone results for HAT.

--------------------------------------------------------------------------------
                              Renegade Consolidated      Hamilton Stand-Alone
--------------------------------------------------------------------------------
March 31 Quarter, 2003
--------------------------------------------------------------------------------
  Revenues                         $3,448,225                 $3,448,225
--------------------------------------------------------------------------------
  Costs of sales                   (2,818,668)                (2,818,668)
--------------------------------------------------------------------------------
  Expenses                           (751,402)                  (606,470)
--------------------------------------------------------------------------------
Net Profit (Loss)                    (121,845)                 $  23,087
--------------------------------------------------------------------------------

                                       19

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                         LIQUIDITY AND CAPITAL RESOURCES

Liquidity

As of March 31, 2003, we had outstanding indebtedness of approximately $468,863,
including amounts due under the secured bridge facility, and the remainder of
which is other indebtedness, consisting principally of a related party note,
discussed earlier, for $117,000 and notes related to fixed asset purchases. Our
ability to make payments of principal and interest on outstanding debt will
depend upon our future operating performance, which will be subject to economic,
financial, competitive and other factors, some of which are beyond our control.
Our ability to repay our indebtedness is dependent on several factors: a
conversion to a credit line is planned for the bridge loan; our continued
increase of billable hours, more fully utilizing our capacities, will create a
higher bottom line and consequently more cash; and our ability to establish
revolving credit lines which we can draw on as needed.

The level of our indebtedness is significant. It may affect our ability to
obtain additional financing for future working capital expenditures, general
corporate and other purposes. This indebtedness also requires the dedication of
a substantial portion of our future cash flow from operations to the payment of
principal and interest on indebtedness, thereby reducing the funds available for
operations and future business opportunities.

Total assets increased from $1,787,148 as of December 31, 2002, to $2,436,467 at
March 31, 2003. The increase is primarily due to an increase in accounts
receivable of over $780,000. During the first quarter, total liabilities
increased from $2,094,029 at December 31, 2002 to $2,847,373, primarily due to
increases in trade payables of over $280,000, in notes payable of approximately
$250,000, and in accrued liabilities of approximately $240,000. The increase in
notes payable reflects borrowings under the secured bridge facility discussed
below, and the increase in accrued liabilities reflects the direct correlation
between increased billable hours and increased payrolls. Trade payables
experienced a similar type increase due to the additional material and supply
requisites associated with the increase in billed hours.

Cash

As of March 31, 2003, we had $23,657 in cash on hand and approximately
$1,245,647 in collectible receivables after eliminating receivables that are
part of factoring arrangements. During 2002 and 2003 to date, we have relied
upon borrowings under the secured bridge facility, financing of our receivables
and cash provided by operations during 2003, to meet our working capital
requirements. We cannot assure you that financing alternatives will be available
to us in the future to support our working capital requirements.

After removing the effect of the secured bridge loan from calculations, cash
realized from our operating activities was $79,307, which was, reduced $8,604 by
investment in capital assets and $48,938 by payments on existing notes payable,
yielding a net increase in cash for the quarter of $21,766.

                                       20

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Secured Bridge Facility

On December 15, 2002 American Capital Ventures LLC agreed, subject to due
diligence, to provide the company with financing of up to $6 million. On March
1, 2003, Hamilton Aerospace and the Company signed a secured promissory note
with American Capital Ventures, L.L.C. as the lender. The principal amount of
the note is $675,000. Interest is payable in monthly installments at the rate of
l.25% per month, payments beginning April 1,2003. The entire unpaid Principal
and any accumulated, accrued or unpaid interest thereon are due and payable on
September 1, 2003. This loan represents the first installment of a bridge loan
of up to $2 million. It is intended that this bridge loan will be replaced by a
combination of a preferred stock offering and a $4 to $6 million-credit
facility. We utilized the $300,000 proceeds, received by the end of the first
quarter of 2003, from the Secured Bridge Facility for working capital.

Substantially all of our assets, and any assets we acquire prior to repaying the
secured bridge facility, are pledged as collateral for loans made under the
facility. The security agreement contains certain financial covenants regarding
our financial performance and certain other covenants. It provides that the
proceeds of any subsequent debt or equity financing or sales of assets be used
to repay amounts advanced under the bridge facility and calls for repayment of
all debt in the event of a material adverse change in the business or a change
in control. Mandatory repayments are also required as a result of insufficient
collateral to meet the borrowing base requirements thereunder.


                CRITICAL ACCOUNTING POLICIES AND USE OF ESTIMATES

Financial Reporting Release No. 60 of the SEC encourages all companies to
include a discussion of critical accounting policies or methods used in the
preparation of the financial statements. Our consolidated financial statements
filed as part of this annual report include a summary of the significant
accounting policies and methods used in the preparation of our consolidated
financial statements.

REVENUE RECOGNITION. We recognize revenues related to engine overhaul services
when we ship the overhauled engine. Revenues from fixed-fee contracts for MROM
sales are recognized on the percentage-of-completion method, measured by the
cost-to-cost method, commencing when progress reaches a point where experience
is sufficient to estimate final results with reasonable accuracy. Revision in
cost and labor hour estimates and recognition of losses on these contracts are
reflected in the accounting period in which the facts become known. Revenues
from time and material contracts are recognized as the services are performed.

USE OF ESTIMATES. Management's discussion and analysis of financial condition
and results of operations is based upon our consolidated financial statements,
which have been prepared in accordance with accounting principles generally
accepted in the United States. The preparation of our financial statements
requires management to make estimates and judgments that affect the reported
amounts of assets, liabilities, revenues and expenses, and the related
disclosure of contingent assets and liabilities. Management evaluates these
estimates on an on-going basis, including those related to estimated losses on
disposal of discontinued operations, the allowance to reduce inventory to the
lower of cost or net realizable value, the estimated profit recognized as
aircraft maintenance, design and construction services are performed, the
allowance for doubtful accounts and notes receivable, future cash flows in
support of long lived assets, medical benefit accruals, and the estimated fair
values of facilities under capital leases. Management bases its estimates on
historical experience and on various other assumptions that they believe are
reasonable under the circumstances, the results of which form the basis for
making judgments about the carrying value of assets and liabilities that are not
readily apparent from other sources. Actual results may differ from these
estimates under different assumptions and conditions.

                                       21

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ITEM 3:   CONTROLS AND PROCEDURES

(a)  Within 90 days of filing this report on Form 10-QSB (the "Evaluation
     Date"), our Chief Financial Officer and Chief Executive Officer, together
     with HAT's President and Principal Financial and Accounting Officer,
     evaluated our disclosure controls and procedures, as defined in Rules
     13a-14(c) and 15d-14(c) promulgated under the Securities Exchange Act of
     1934, as amended (the "Exchange Act"). Based on that evaluation, these
     officers have concluded that as of the Evaluation Date, our disclosure
     controls and procedures were effective in timely alerting them to material
     information relating to our company (including our consolidated
     subsidiaries) required to be included in our reports filed or submitted by
     us under the Exchange Act.

(b)  There have been no significant changes in our internal controls or in other
     factors that could significantly affect internal controls subsequent to the
     date of our most recent evaluation.

                           PART II. OTHER INFORMATION

ITEM 5.       OTHER INFORMATION

On March 14, 2003, Ronald Clark placed his resignation, as a director of HAT. On
April 10, 2003, he placed his resignation as a director of the Company, before
the Board. It was resolved that his resignations be accepted with immediate
effect, and further resolved that Mr. Clark will become a consultant to the
Board. The Board acknowledged Mr. Clark's contribution as essential and further
acknowledged that his compensation for these efforts had not been adequate.
Therefore, the Board awarded Mr. Clark a bonus of 1.25 million shares of
Renegade common stock. This award bonus is inclusive of all shares approved by
the Board on October 22, 2002 and is contingent upon the recovery by Renegade
from Old Mission Assessment Corporation (OMAC) of the 2.9 million shares already
in issue. The shares will be restricted for one year and the Company will have
first right of purchase thereafter.


                    ITEM 6. EXHIBITS AND REPORTS ON FORMS 8-K

     (a)  Exhibits

10.1   Secured promissory note dated March 1, 2003, payable to order of
       American Capital Ventures, L.L.C.
10.2   Security Agreement dated March 1, 2003, in favor of American Capital
       Ventures, L.L.C.
99.1   Certification of Chief Executive Officer, Mr. Ian Herman
99.2   Certification of HAT President, Mr. John Sawyer
99.3   Certification of Principal Financial Officer, Ms. Patricia Graham

     (b)  Reports on Form 8-K

     None.

                                       22

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                                   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 individual.

Date: May 9,2003



RENEGADE VENTURE (NEV.) CORPORATION


By:  /s/  Ian Herman
     ----------------------------------
    Ian Herman, Chief Executive Officer
    And Chief Financial Officer