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 August 31, 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)

                            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:

                             August 31, 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

                August 31, 2003 and November 30, 2002
<PAGE>

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

                              ASSETS

                                                  August 31,    November 30,
                                                     2003          2002
                                                 (Unaudited)
<S>                                               <C>            <C>
CURRENT ASSETS                                   $        -      $       -
                                                 ----------      ---------
 Total Current Assets                                     -              -
                                                 ----------      ---------
 TOTAL ASSETS                                    $        -      $       -
                                                 ==========      =========

          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

 Accounts payable                                $   50,019      $  44,806
                                                 ----------      ---------
  Total Liabilities                                  50,019         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
 Additional paid in capital                         310,793        309,413
 Deficit accumulated during the development stage  (364,271)      (357,678)
                                                  ---------      ---------
  Total Stockholders' Equity (Deficit)              (50,019)       (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        For the        May 12, 1987
                           Three Months Ended  Nine Months Ended    Through
                                August 31,       August 31,      August 31,
                            2003        2002    2003      2002       2003
<S>                      <C>         <C>       <C>         <C>      <C>
REVENUES                  $       -   $      -  $      -    $     -  $      -
                          ---------   --------  --------    -------  --------
EXPENSES

 General and
  administrative              1,466      3,789     6,593     10,796   364,271
                          ---------   --------  --------    -------  --------
     Total Expenses           1,466      3,789     6,593     10,796   364,271
                          ---------   --------  --------    -------  --------
NET LOSS                  $  (1,466)  $ (3,789) $ (6,593)  $(10,796)$(364,271)
                          =========   ========  ========    =======  ========
BASIC AND FULLY DILUTED
 LOSS PER SHARE           $   (0.00)  $  (0.00) $  (0.01)  $ (0.01)
                          =========   ========  ========   =======
WEIGHTED AVERAGE
 NUMBER OF SHARES
 OUTSTANDING              1,000,000  1,000,000 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 $(281,483)
                   --------  -------  ------  -------  ----------- ---------
</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  $(281,483)

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)

Capital contributed
by shareholder
(unaudited)             -        -        -        -       1,380        -

Net loss for the nine
months ended August 31,
2003 (unaudited)        -        -        -        -        -        (6,593)
                  ---------  -------   -----   ------- --------   ---------
Balance, August 31,
2003 (unaudited)  1,000,000  $ 2,000   5,835   $ 1,459 $310,793   $(364,271)
                  =========  =======   =====   ======= ========   =========
</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
                                    Nine Months Ended            Through
                                       August 31,               August 31,
                                    2003          2002             2003
<S>                              <C>          <C>          <C>
CASH FLOWS FROM OPERATING
 ACTIVITIES
 Net loss                       $     (6,593)  $ (10,796)   $  (364,271)
 Adjustments to reconcile net
 loss to net cash used by
 operating activities
  Issuance of stock for services         -           -           83,645
  Write off of Assets                    -           -          188,627
  Changes in operating asset and
  liability accounts:
   Increase in accounts
   payable                             5,213       2,580         62,424
                                ------------    --------      ---------
  Net Cash Used by Operating
  Activities                          (1,380)     (8,216)       (29,575)
                                ------------    --------      ---------
CASH FLOWS FROM INVESTING ACTIVITIES     -           -              -
                                ------------    --------      ---------
CASH FLOWS FROM FINANCING ACTIVITIES

  Common stock issued for cash           -           -            7,142
  Contributed capital                  1,380       8,216         22,433
                                ------------    --------     ----------
  Net Cash Provided by Financing
  Activities                           1,380       8,216         29,575
                                ------------    --------     ----------
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
                May 31, 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 August 31, 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 August 31,
       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.*

               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: 10/14/03                           By/s/William A. Silvey
      ---------                              ------------------------
                                             William A. Silvey, Jr., Director
                                             and President

Date: 10/14/03                           By/s/W. Scott Thompson
      ---------                              ------------------------
                                             W. Scott Thompson, Director
                                             Secretary