U. S. Securities and Exchange Commission
                         Washington, D. C.  20549

                              FORM 10-QSB

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

     For the quarter ended February 29, 2004
                           -----------------

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

     For the transition period from               to
                                    -------------    -------------

                 Commission File No.  0-29603
                                      -------

                  PROCESS TECHNOLOGY SYSTEMS, INC.
                  --------------------------------
          (Name of Small Business Issuer in its Charter)

           NEVADA                                        91-2070995
           ------                                        ----------
(State or Other Jurisdiction of                       (I.R.S. Employer
 incorporation or organization)                      Identification No.)

                         6371 Richmond, #200
                         Houston, Texas 77057
                         --------------------
               (Address of Principal Executive Offices)

              Issuer's Telephone Number:  (713) 266-8005

               (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                       DURING THE PAST FIVE YEARS)

                            Not Applicable.

     Check whether the issuer has filed all documents and reports required to
be filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court.  Yes____        No ___

                 (APPLICABLE ONLY TO CORPORATE ISSUERS)

          State the number of shares outstanding of each of the Issuer's
classes of common equity, as of the latest practicable date:

                             February 29, 2004

                          Common - 1,000,000 shares
                          Preferred - 5,835 shares

                    DOCUMENTS INCORPORATED BY REFERENCE

                              NONE.

Transitional Small Business Issuer Format   Yes  X   No
                                                ---     ---

                  PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Consolidated Financial Statements of the Company required
to be filed with this 10-QSB Quarterly Report were prepared by management and
commence on the following page, together with related Notes.  In the opinion
of management, the Consolidated Financial Statements fairly present the
financial condition of the Company.
<PAGE>
                 PROCESS TECHNOLOGY SYSTEMS, INC.
                  (A Development Stage Company)

                       FINANCIAL STATEMENTS

              February 29, 2004 and November 30, 2003
<PAGE>

                 PROCESS TECHNOLOGY SYSTEMS, INC.
                  (A Development Stage Company)
                          Balance Sheets
<TABLE>
<CAPTION>

                              ASSETS

                                                February 29,    November 30,
                                                     2004          2003
                                                 (Unaudited)
<S>                                               <C>            <C>
CURRENT ASSETS                                   $        -      $       -
                                                 ----------      ---------
 Total Current Assets                                     -              -
                                                 ----------      ---------
 TOTAL ASSETS                                    $        -      $       -
                                                 ==========      =========

          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

 Accounts payable                                $   52,029      $  50,077
                                                 ----------      ---------
  Total Liabilities                                  52,029         50,077
                                                 ----------      ---------
STOCKHOLDERS' EQUITY (DEFICIT)

 Preferred stock authorized 12,500,000
  preferred shares, at $0.25 par value:
  5,835 shares issued and outstanding                 1,459          1,459
 Common stock authorized 50,000,000 common
  shares at $0.002 par value: 1,000,000
  shares issued and outstanding                       2,000          2,000
 Additional paid in capital                         312,539        311,879
 Deficit accumulated during the development stage  (368,027)      (365,415)
                                                  ---------      ---------
  Total Stockholders' Equity (Deficit)              (52,029)       (50,077)
                                                  ---------      ---------
  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
   (DEFICIT)                                      $       -      $       -
                                                  =========      =========
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                2
<PAGE>
<TABLE>
                 PROCESS TECHNOLOGY SYSTEMS, INC.
                  (A Development Stage Company)
                     Statements of Operations
                           (Unaudited)
<CAPTION>
                                                                    From
                                      For the      For the     Inception on
                                    Three Months Three Months    May 12, 1987
                                       Ended        Ended          Through
                                    February 29,  February 28,  February 29,
                                       2004          2003             2004
<S>                              <C>             <C>          <C>
REVENUES                          $         -     $        -   $        -
                                  -----------     ----------   ----------
EXPENSES

 General and administrative             2,612          3,664      368,027
                                  -----------     ----------   ----------
    Total Expenses                      2,612          3,664      368,027
                                  -----------     ----------   ----------
NET LOSS                          $    (2,612)    $   (3,664)  $ (368,027)
                                  ===========     ==========   ==========
BASIC LOSS PER SHARE              $     (0.00)    $    (0.00)
                                  ===========     ==========
WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING                  1,000,000      1,000,000
                                    =========      =========
</TABLE>
the accompanying notes are an integral part of these financial statements.
                                3
<PAGE>
<TABLE>
                 PROCESS TECHNOLOGY SYSTEMS, INC.
                  (A Development Stage Company)
                     Statements of Cash Flows
                           (Unaudited)

<CAPTION>
                                                                    From
                                      For the      For the     Inception on
                                    Three Months Three Months    May 12, 1987
                                       Ended        Ended          Through
                                    February 29,  February 28,  February 29,
                                       2004          2003             2004
<S>                              <C>             <C>          <C>
CASH FLOWS FROM OPERATING
 ACTIVITIES
 Net loss                       $     (2,612)  $  (3,664)   $  (368,027)
  Issuance of stock for services         -           -           83,645
  Write off of Assets                    -           -          188,627
  Changes in operating asset and
  liability accounts:
   Increase in accounts
   payable                             1,952       3,664         64,434
                                ------------    --------      ---------
  Net Cash Used by Operating
  Activities                            (660)          -        (31,321)
                                ------------    --------      ---------
CASH FLOWS FROM INVESTING ACTIVITIES       -           -              -
                                ------------    --------      ---------
CASH FLOWS FROM FINANCING ACTIVITIES

  Common stock issued for cash             -           -          7,142
  Contributed capital                    660           -         24,179
                                ------------    --------     ----------
  Net Cash Provided by Financing
  Activities                             660           -         31,321
                                ------------    --------     ----------
NET DECREASE IN CASH                       -           -              -

CASH AT BEGINNING OF PERIOD                -           -              -
                                ------------    --------     ----------
CASH AT END OF PERIOD           $          -    $      -     $        -
                                ============    ========     ==========
Cash Payments For:

 Income taxes                   $          -    $      -     $        -
 Interest                       $          -    $      -     $        -

NON-CASH INVESTING AND FINANCING
 ACTIVITIES

 Common stock issued for debt   $          -    $      -     $   12,400
 Common stock issued for
  services                      $          -    $      -     $   83,645
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                4
<PAGE>
                 PROCESS TECHNOLOGY SYSTEMS, INC
                  (A Development Stage Company)
                Notes to the Financial Statements
             February 29, 2004 and November 30, 2003


NOTE 1 -  CONDENSED FINANCIAL STATEMENTS

     The accompanying financial statements have been prepared by the Company
     without audit.  In the opinion of management, all adjustments (which
     include only normal recurring adjustments) necessary to present fairly
     the financial position, results of operations and cash flows at February
     29, 2004 and February 28, 2003 and for all periods presented have been
     made.

     Certain information and footnote disclosures normally included in
     financial statements prepared in accordance with accounting principles
     generally accepted in the United Stated of America have been condensed
     or omitted.  It is suggested that these condensed financial statements
     be read in conjunction with the financial statements and notes thereto
     included in the Company's November 30, 2003 audited financial
     statements.  The results of operation for periods ended February 29,
     2004 and February 28, 2003 are not necessarily indicative of the
     operating results for the full years.

NOTE 2 -  GOING CONCERN

     The Company's financial statements are prepared using accounting
     principles generally accepted in the United States of America applicable
     to a going concern which contemplates the realization of assets and
     liquidation of liabilities in the normal course of business.  However,
     the Company does not have significant cash or other material assets, nor
     does it have an established source of revenues sufficient to cover its
     operating costs and to allow it to continue as a going concern.  It is
     the intent of the Company to seek a merger with an existing, operating
     company.  In the interim, shareholders of the Company have committed to
     meeting its minimal operating expenses.
                                5
<PAGE>

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

Plan of Operation.
------------------

          The Company has not engaged in any material operations or had any
revenues from operations during the last two fiscal years.  The Company's
Board of Directors intends to examine various industries in which the Company
may conduct business operations, and then adopt a Business Plan detailing the
necessary capital and requirements to engage in that industry.

          During the next 12 months, the Company's only foreseeable cash
requirements will relate to maintaining the Company in good standing, which
may be advanced by management or principal stockholders as loans to the
Company.  Any such sums should be nominal.

Item 3.   Controls and Procedures.

          Within 90 days prior to the date of this Quarterly Report and as of
the end of the quarterly period covered hereby, we carried out an evaluation,
under the supervision and with the participation of our President and
Secretary, of the effectiveness of the design and operation of our disclosure
controls and procedures.  Based on this evaluation, our President and
Secretary concluded that our disclosure controls and procedures are
effective in timely alerting them to material information required to be
included in our periodic reports that are filed with the Securities and
Exchange Commission.  It should be noted that the design of any system of
controls is based in part upon certain assumptions about the likelihood of
future events, and there can be no assurance that any design will succeed in
achieving its stated goals under all potential future conditions, regardless
of how remote.  In addition, we reviewed our internal controls, and there have
been no significant changes in our internal controls or in other factors that
could significantly affect those controls subsequent to the date of their last
evaluation.

                   PART II - OTHER INFORMATION

Item 1.   Legal Proceedings.

          None; not applicable.

Item 2.   Changes in Securities.

          None; not applicable.

Item 3.   Defaults Upon Senior Securities.

          None; not applicable.

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

          None; not applicable.

Item 5.   Other Information.

          None; not applicable.

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

          (a)  Exhibits.

               10-SB Registration Statement, as amended, filed with the
               Securities and Exchange Commission on February 18, 2000.*

               31.1  302 Certification of William A. Silvey

               31.2  302 Certification of W. Scott Thompson

               32    Section 906 Certification.

          (b)  Reports on Form 8-K.

               None; not applicable.

         *Incorporated herein by reference.

                            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.

                                         PROCESS TECHNOLOGY SYSTEMS, INC.

Date: 4/19/2004                          By/s/William A. Silvey
      ---------                              ------------------------
                                             William A. Silvey, Jr., Director
                                             and President

Date: 4/19/2004                          By/s/W. Scott Thompson
      ---------                              ------------------------
                                             W. Scott Thompson, Director
                                             Secretary
<PAGE>