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 28, 2003
                           -----------------

[ ]  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)

     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 28, 2003

                          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 28, 2003 and November 30, 2002
<PAGE>

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

                              ASSETS

                                                 February 28,    November 30,
                                                     2003          2002
                                                 (Unaudited)
<S>                                               <C>            <C>
CURRENT ASSETS                                   $        -      $       -
                                                 ----------      ---------
 Total Current Assets                                     -              -
                                                 ----------      ---------
 TOTAL ASSETS                                    $        -      $       -
                                                 ==========      =========

          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

 Accounts payable                                $   48,470      $  44,806
                                                 ----------      ---------
  Total Liabilities                                  48,470         44,806
                                                 ----------      ---------
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
 Capital in excess of par value                     309,413        309,413
 Deficit accumulated during the development stage  (361,342)      (357,678)
                                                  ---------      ---------
  Total Stockholders' Equity (Deficit)              (48,470)       (44,806)
                                                  ---------      ---------
  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
                                                                Inception on
                                         For the                May 12, 1987
                                    Three Months Ended            Through
                                        February 28,             February 28,
                                  2003              2002             2003
<S>                              <C>             <C>          <C>
REVENUES                          $         -     $        -   $        -
                                  -----------     ----------   ----------
EXPENSES

 General and administrative             3,664          2,309      361,342
                                  -----------     ----------   ----------
    Total Expenses                      3,664          2,309      361,342
                                  -----------     ----------   ----------
NET LOSS                          $    (3,664)    $   (2,309)  $ (361,342)
                                  ===========     ==========   ==========
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 Stockholders' Equity (Deficit)
<CAPTION>
                                                                   Deficit
                                                                 Accumulated
                                                     Additional   During the
                       Common Stock Preferred Stock   Paid-in    Development
                  Shares    Amount  Shares   Amount   Capital       Stage
<S>              <C>        <C>      <C>      <C>     <C>       <C>
Balance, May 12,
1987                130,000 $    260       -    $   -    $188,367   $   -

February 18, 1988,
common stock
issued for
services at $0.10
per share            11,665       23       -        -       1,143       -

February 18, 1988,
preferred stock
issued for services
at $12.50 per share      -        -       5,835    1,459   71,446        -

June 9, 1988, common
stock issued for
services valued at
$0.10 per share       1,000        2       -        -          98        -

March 30, 1990,
common stock issued
for services, valued
at $0.10 per share      240       -        -        -          24        -

Net loss from
inception on May 12,
1987 through
November 30, 1996       -         -        -        -         -    (262,822)
                   --------   ------   -------   ------  --------- --------
Balance, November
30, 1996            142,905      285     5,835    1,459    261,078 (262,822)

Net loss for the
year ended
November 30, 1997       -        -         -        -         -         -
                   --------   ------   -------   ------  --------- --------
Balance, November
30, 1997            142,905      285     5,835    1,459    261,078 (262,822)

Net loss for the
year ended
November 30, 1998       -        -         -        -         -      (2,363)
                   --------   ------   -------   ------  --------- --------
Balance, November
30, 1998            142,905      285     5,835    1,459    261,078 (265,185)

Net loss for the
year ended
November 30, 1999       -        -         -        -         -     (16,298)
                   --------   ------   -------   ------  --------- --------
Balance, November
30, 1999            142,905      285     5,835    1,459    261,078 (281,483)

January 5, 2000,
common stock
issued for debt
valued at $0.10
per share           124,000      248       -        -       12,152      -

September 27,
2000, common stock
issued for services
valued at $0.50
per share            18,900       39       -        -        9,411      -

Contributed capital
by shareholder          -        -         -        -        8,860      -
                   --------  -------  ------  -------  ----------- ---------
Balance forward     285,805  $   572   5,835  $ 1,459     $291,501 $(309,998)
                   --------  -------  ------  -------  ----------- ---------
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                4
<PAGE>
<TABLE>
                 PROCESS TECHNOLOGY SYSTEMS, INC.
                  (A Development Stage Company)
           Statements of Stockholders' Equity (Deficit)
<CAPTION>
                                                                   Deficit
                                                                 Accumulated
                                                     Additional   During the
                       Common Stock Preferred Stock   Paid-in    Development
                  Shares    Amount  Shares   Amount   Capital       Stage
<S>              <C>        <C>      <C>      <C>     <C>       <C>
Balance forward     285,805  $   572    5,835  $ 1,459 $291,501  $(309,998)

Net loss for the
year ended
November 30, 2000       -        -        -        -        -      (28,515)
                 ----------  -------  -------  ------- -------- ----------
Balance, November
30, 2000            285,805  $   572    5,835  $ 1,459 $291,501  $(309,998)

May 11, 2001, common
stock issued for
cash valued at $0.01
per share
                    714,195    1,428     -         -      5,714         -

Contributed capital
by shareholder          -        -        -        -      3,982         -

Net loss for the
year ended November
30, 2001                -        -        -        -        -       (36,149)
                  ---------  -------  ------   ------- --------   ---------
Balance, November
30, 2001          1,000,000    2,000   5,835     1,459  301,197    (346,147)

Contributed Capital
by shareholder          -        -        -        -      8,216         -

Net loss for the
year ended November
30, 2002                -        -        -        -        -       (11,531)
                  ---------  -------  ------   -------  --------   ---------
Balance, November
30, 2002          1,000,000    2,000   5,835     1,459   309,413   (357,678)

Net loss for the three
months ended February
28, 2003                -        -        -        -        -        (3,664)

                  ---------  -------   -----   ------- --------   ---------
Balance, February
28, 2003          1,000,000  $ 2,000   5,835   $ 1,459 $309,413   $(361,342)
                  =========  =======   =====   ======= ========   =========
</TABLE>
The accompanying notes are an integral part of these financial statements.
                                5
<PAGE>
<TABLE>
                 PROCESS TECHNOLOGY SYSTEMS, INC.
                  (A Development Stage Company)
                     Statements of Cash Flows
                           (Unaudited)

<CAPTION>
                                                                  From
                                                              Inception on
                                        For the               May 12, 1987
                                   Three Months Ended            Through
                                       February 28,            February 28,
                                    2003          2002             2003
<S>                              <C>          <C>          <C>
CASH FLOWS FROM OPERATING
 ACTIVITIES
 Net loss                       $     (3,664)  $  (2,309)   $  (361,342)
 Issuance of stock for services          -           -           83,645
 Write off of Assets                     -           -          188,627
 Changes in operating asset and
  liability accounts:
  Increase (decrease) in accounts
   payable                             3,664     (2,293)        60,875
                                ------------   --------      ---------
  Net Cash (Used) by Operating
  Activities                             -       (4,602)       (28,195)
                                ------------   --------      ---------
CASH FLOWS FROM INVESTING ACTIVITIES     -           -              -
                                ------------   --------      ---------
CASH FLOWS FROM FINANCING ACTIVITIES

  Common stock issued for cash           -           -            7,142
 Contributed capital                     -        4,602          21,053
                                ------------   --------      ----------
  Net Cash Provided by Financing
  Activities                             -        4,602          28,195
                                ------------   --------      ----------
NET INCREASE (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.
                                6
<PAGE>
                 PROCESS TECHNOLOGY SYSTEMS, INC
                  (A Development Stage Company)
                Notes to the Financial Statements
              February 28, 2003 and November 30, 2002


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 28, 2003 and 2002 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 States of American 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, 2002 audited financial
       statements.  The results of operation for periods ended February 28,
       2003 and 2002 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.
                                7
<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 Report, 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.*

          (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: 4/14/03                            By/s/William A. Silvey,
      -------                                ------------------------
                                             William A. Silvey, Jr., Director
                                             and President

Date: 4/14/03                            By/s/W. Scott Thompson
      -------                                ------------------------
                                             W. Scott Thompson, Director
                                             Secretary
<PAGE>
                   CERTIFICATION PURSUANT TO
         SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I, William A. Silvey, Jr., President of Process Technology Systems,
Inc. (the "Registrant"), certify that:

     1.   I have reviewed this Quarterly Report on Form 10-QSB of the
Registrant;

     2.   Based on my knowledge, this Quarterly Report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this Quarterly Report;

     3.   Based on my knowledge, the financial statements, and other
financial information included in this Quarterly Report, fairly present in all
material respects the financial condition, results of operations and cash
flows of the Registrant as of, and for, the periods presented in this
Quarterly Report;

     4.   The Registrant's other certifying officer and I are responsible
for establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) for the Registrant and we
have:

     a)   designed such disclosure controls and procedures to ensure that
          material information relating to the Registrant, including its
          consolidated subsidiaries, is made known to us by others within
          those entities, particularly during the period in which this
          Quarterly Report is being prepared;

     b)   evaluated the effectiveness of the Registrant's disclosure
          controls and procedures as of a date within 90 days prior to the
          filing date of this Quarterly Report (the "Evaluation Date"); and

     c)   presented in this Quarterly Report our conclusions about the
          effectiveness of the disclosure controls and procedures based on
          our evaluation as of the Evaluation Date;

     5.   The Registrant's other certifying officer and I have disclosed,
based on our most recent evaluation, to the Registrant's auditors and the
audit committee of Registrant's Board of Directors (or persons performing the
equivalent function);

     a)   all significant deficiencies in the design or operation of
          internal controls which could adversely affect the Registrant's
          ability to record, process, summarize and report financial data
          and have identified for the Registrant's auditors any material
          weaknesses in internal controls; and

     b)   any fraud, whether or not material, that involves management or
          other employees who have a significant role in the Registrant's
          internal controls; and

     6.     The Registrant's other certifying officer and I have indicated in
this Quarterly Report whether or not there were significant changes in
internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant deficiencies
and material weaknesses.

Dated: April 14, 2003                Signature:/s/William A. Silvey, Jr.
                                     William A. Silvey, Jr.
                                     President
<PAGE>
                   CERTIFICATION PURSUANT TO
         SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I, W. Scott Thompson, Secretary of Process Technology Systems, Inc. (the
"Registrant"), certify that:

     1.   I have reviewed this Quarterly Report on Form 10-QSB of the
Registrant;

     2.   Based on my knowledge, this Quarterly Report does not contain any
untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this Quarterly Report;

     3.   Based on my knowledge, the financial statements, and other
financial information included in this Quarterly Report, fairly present in all
material respects the financial condition, results of operations and cash
flows of the Registrant as of, and for, the periods presented in this
Quarterly Report;

     4.   The Registrant's other certifying officer and I are responsible
for establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) for the Registrant and we
have:

     a)   designed such disclosure controls and procedures to ensure that
          material information relating to the Registrant, including its
          consolidated subsidiaries, is made known to us by others within
          those entities, particularly during the period in which this
          Quarterly Report is being prepared;

     b)   evaluated the effectiveness of the Registrant's disclosure
          controls and procedures as of a date within 90 days prior to the
          filing date of this Quarterly Report (the "Evaluation Date"); and

     c)   presented in this Quarterly Report our conclusions about the
          effectiveness of the disclosure controls and procedures based on
          our evaluation as of the Evaluation Date;

     5.   The Registrant's other certifying officer and I have disclosed,
based on our most recent evaluation, to the Registrant's auditors and the
audit committee of Registrant's Board of Directors (or persons performing the
equivalent function);

     a)   all significant deficiencies in the design or operation of
          internal controls which could adversely affect the Registrant's
          ability to record, process, summarize and report financial data
          and have identified for the Registrant's auditors any material
          weaknesses in internal controls; and

     b)   any fraud, whether or not material, that involves management or
          other employees who have a significant role in the Registrant's
          internal controls; and

     6.   The Registrant's other certifying officer and I have indicated in
this Quarterly Report whether or not there were significant changes in
internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant deficiencies
and material weaknesses.

Dated: April 14, 2003                Signature:/s/W. Scott Thompson
                                     W. Scott Thompson
                                     Secretary
<PAGE>

                    CERTIFICATION PURSUANT TO
                     18 U.S.C. SECTION 1350,
                      AS ADOPTED PURSUANT TO
          SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


     In connection with the Quarterly Report of Process Technology Corporation
(the "Registrant") on Form 10-QSB for the period ending February 28, 2003, as
filed with the Securities and Exchange Commission on the date hereof (the
"Quarterly Report"), We, William A. Silvey, President and director and W.
Scott Thompson, Secretary of our Registrant, certify, pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that:

     (1) The Quarterly Report fully complies with the requirements of section
13(a) or 15(d) of the Securities Exchange Act of 1934; and

     (2)  The information contained in the Quarterly Report fairly presents,
in all material respects, the financial condition and result of operations of
the Registrant.

/s/William A. Silvey, Jr.
President and director
4/14/03

/s/W. Scott Thompson
Secretary and director
4/14/03
<PAGE>