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# UNITED STATES SECURITIES
AND EXCHANGE COMMISSION

# Washington, D.C. 20549

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# FORM 10-QSB

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# [X] Quarterly report pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934:  For  the quarterly  period ended: June 30, 2002

[   ]  Transition  report  pursuant  to  Section  13 or  15(d) of the  Securities  Exchange  Act of 1934: For the  transition
                  period from _______ to _________

# Commission file number: 0-49837

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# EVENTEMP CORPORATION

# (Exact name of small business issuer as specified in its charter)

Incorporated pursuant to the Laws of Nevada

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Internal Revenue Service  Employer
Identification No. 88-0349241

5353 Memorial #4027, Houston, Texas 77007

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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 for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes ___ No X

APPLICABLE ONLY TO ISSUERS INVOLVED IN
BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the
registrant 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

The number of shares of common stock, no par value,
outstanding as June 30, 2002: 1,153,970 shares

Transitional Small Business Disclosure
Format (check one): Yes 
[  ]     No [X]

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# TABLE OF
CONTENTS

`EVENTEMP CORPORATION
                           PERIOD ENDED JUNE 30, 2002

                                      INDEX

PART I.  FINANCIAL INFORMATION                                                                                 Page

         Item 1.  Financial Statements

         Condensed financial statements of Eventemp Corporation:

                  Balance sheet as of June 30, 2002

                  Statements of operations for the three and six months ended June 30,
                   2002 and 2001

                  Statements of cash flows for the six months ended June 30,
                    2002 and 2001

                  Notes to financial statements                                                                 ___

         Item 2.  Plan of Operations                                                                            ___

PART II. OTHER INFORMATION

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

                  (a)      Exhibits

SIGNATURE                                                                                                       ___`

`PART I.   FINANCIAL INFORMATION

Item 1.   Financial Statements



                              EVENTEMP CORPORATION
                                  BALANCE SHEET
                                  June 30, 2002
                                   (Unaudited)


ASSETS

Current Assets
    Cash                                                            $       496
                                                                    ===========


LIABILITIES AND CAPITAL DEFICIT

Liabilities
    Accounts payable and accrued expenses                           $    51,594
    Due to shareholder                                                    6,685
                                                                    -----------
       Total Liabilities                                                 58,279
                                                                    -----------

CAPITAL DEFICIT

    Preferred stock, no par value, 10,000,000 shares
       authorized, no shares issued or outstanding
    Common stock, no par value, 50,000,000 shares
       authorized, 1,153,970 shares issued and outstanding
    Paid in capital                                                   2,351,800
    Retained deficit                                                 (2,409,583)
                                                                     -----------
       Total Capital Deficit                                         (   57,783)
                                                                    -----------
       TOTAL LIABILITIES AND CAPITAL DEFICIT                        $       496
                                                                    ===========`

`EVENTEMP CORPORATION
                            STATEMENTS OF OPERATIONS
        For the Three Months and Six Months Ended June 30, 2002 and 2001
                                   (Unaudited)


                                  Three Months               Six Months
                                  Ended June 30,            Ended June 30,
                                 2002        2001          2002        2001
                                --------   --------     ---------     ---------
General and
    administrative expense     $  (7,176)              $  (7,176)    $  (8,203)
Interest income                           $     25            10            36
                               ---------   ---------    ---------     ---------
       NET INCOME (LOSS)       $  (7,176) $     25     $  (7,166)    $  (8,167)
                                =========  =========    =========     =========

Basic and diluted earnings
    (loss) per common share        $(.01)     $.00         $(.01)        $(.01)
Weighted average common
    shares outstanding         1,153,970 1,153,970     1,153,970     1,153,970`

`EVENTEMP CORPORATION
                            STATEMENTS OF CASH FLOWS
                 For the Six Months Ended June 30, 2002 and 2001
                                   (Unaudited)


                                                     2002             2001
                                                 ---------         ---------
CASH FLOWS FROM OPERATING ACTIVITIES
    Net loss                                     $ ( 7,166)        $  (8,167)
    Adjustments to reconcile net loss to net
      cash provided by operating activities:
      Changes in:
        Prepaid expenses                                               2,500
        Accounts payable and accrued expenses       (2,945)            5,195
                                                  ---------         ---------
NET CASH USED BY OPERATING ACTIVITIES              (10,111)           (  472)
                                                  ---------         ---------
CASH FLOWS FROM FINANCING ACTIVITIES
    Net proceeds from sale of stock                                    2,000
    Due to shareholder                               6,685
                                                  ---------         ---------
NET CHANGE IN CASH                                 ( 3,426)            1,528

CASH BALANCES
    -Beginning of period                             3,922             2,358
                                                  ---------         ---------
    -End of period                               $     496         $   3,886
                                                  =========         =========`

# EVENTEMP CORPORATION
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

# NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of EvenTemp Corporation (EvenTemp) have been prepared in accordance with
accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission
(SEC), and should be read in conjunction with the audited financial statements and notes thereto contained in EvenTemps Annual
Report filed with the SEC on Form 10-SB.  In the opinion of management, all adjustments, consisting of normal recurring adjustments,
necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been
reflected herein.  The results of operations for interim are not necessarily indicative of the results to be expected for the full
year.  Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial
statements for 2001 as reported in the 10-SB have been omitted.

Item 2.   Plan of Operation

Eventemp
Corporation (the Company) was incorporated on November 30, 1995
under the laws of the State of Nevada. The Company was formed for the purpose of
commercially exploiting a proprietary self-contained climate control system for
vehicles (known as the Etemp system) that allowed the user to call his or her
vehicle from any available telephone and pre-cool or pre-heat the interior of
the vehicle within five minutes before arriving with the engine turned off. The
Company failed in achieving this purpose and has been inactive from a business
perspective since the fall of 1999.

# General

The
Companys plan is to seek, investigate, and if such investigation warrants,
acquire an interest in one or more business opportunities presented to it by
persons or firms desiring the perceived advantages of a publicly held
corporation. At this time, the Company has no plan, proposal, agreement,
understanding, or arrangement to acquire or merge with any specific business or
company, and the Company has not identified any specific business or company for
investigation and evaluation. No member of management or any promoter of the
Company, or an affiliate of either, has had any material discussions with any
other company with respect to any acquisition of that company. The Company will
not restrict its search to any specific business, industry, or geographical
location, and may participate in business ventures of virtually any kind or
nature. Discussion of the proposed business under this caption and throughout
this report is purposefully general and is not meant to restrict the
Companys virtually unlimited discretion to search for and enter into a
business combination.

The
Company may seek a combination with a firm that only recently commenced
operations, a developing company in need of additional funds to expand into new
products or markets or seeking to develop a new product or service, or an
established business which may be experiencing financial or operating
difficulties and needs additional capital which is perceived to be easier to
raise by a public company. In some instances, a business opportunity may involve
acquiring or merging with a corporation which does not need substantial
additional cash but which desires to establish a public trading market for its
common stock. The Company may purchase assets and establish wholly-owned
subsidiaries in various businesses or purchase existing businesses as
subsidiaries.

Selecting
a business opportunity will be complex and extremely risky. Because of general
economic conditions, rapid technological advances being made in some industries,
and shortages of available capital, management believes that there are numerous
firms seeking the benefits of a publicly-traded corporation. Such perceived
benefits of a publicly traded corporation may include facilitating or improving
the terms on which additional equity financing may be sought, providing
liquidity for the principals of a business, creating a means for providing
incentive stock options or similar benefits to key employees, providing
liquidity (subject to restrictions of applicable statutes) for all shareholders,
and other items. Potentially available business opportunities may occur in many
different industries and at various stages of development, all of which will
make the task of comparative investigation and analysis of such business
opportunities extremely difficult and complex.

The
Company has insufficient capital with which to provide the owners of businesses
significant cash or other assets. Management believes the Company will offer
owners of businesses the opportunity to acquire a controlling ownership interest
in a public company at substantially less cost than is required to conduct an
initial public offering. The owners of the businesses will, however, incur
significant post-merger or acquisition registration costs in the event they wish
to register a portion of their shares for subsequent sale. The Company will also
incur significant legal and accounting costs in connection with the acquisition
of a business opportunity, including the costs of preparing Current Reports on
Form 8-K, agreements, and related reports and documents. Nevertheless,
management has not conducted market research and is not aware of statistical
data which would support the perceived benefits of a merger or acquisition
transaction for the owners of a businesses. The Company does not intend to make
any loans to any prospective merger or acquisition candidates or to unaffiliated
third parties.

The
Company will not restrict its search for any specific kind of firms, but may
acquire a venture which is in its preliminary or development stage, which is
already in operation, or in essentially any stage of its corporate life. It is
impossible to predict at this time the status of any business in which the
Company may become engaged, in that such business may need to seek additional
capital, may desire to have its shares publicly traded, or may seek other
perceived advantages which the Company may offer. However, the Company does not
intend to obtain funds in one or more private placements to finance the
operation of any acquired business opportunity until such time as the Company
has successfully consummated such a merger or acquisition. The Company also has
no plans to conduct any offshore offerings under Regulation S.

# Sources of Opportunities

The
Company will seek a potential business opportunity from all known sources, but
will rely principally on personal contacts of the Companys management as
well as indirect associations between it and other business and professional
people. The Company does not presently anticipate that it will engage any
professional firm specializing in business acquisitions or reorganizations.

Management,
while not especially experienced in matters relating to the new business of the
Company, will rely upon its own efforts and, to some extent, the efforts of the
Companys shareholders, in accomplishing the business purposes of the
Company. It is not anticipated that any outside consultants or advisors, other
than the Companys legal counsel and accountants, will be utilized by the
Company to effectuate its business purposes described herein. However, if the
Company does retain such an outside consultant or advisor, any cash fee earned
by such party will need to be paid by the prospective merger/acquisition
candidate, as the Company has no cash assets with which to pay such obligation.
There have been no discussions, understandings, contracts or agreements with any
outside consultants, and none are anticipated in the future.

As
is customary in the industry, the Company may pay a finders fee for
locating an acquisition prospect. If any such fee is paid, it will be approved
by the Companys Board of Directors and will be in accordance with the
industry standards. Such fees are customarily between 1% and 5% of the size of
the transaction, based upon a sliding scale of the amount involved. Such fees
are typically in the range of 5% on a $1,000,000 transaction ratably down to 1%
in a $4,000,000 transaction.

The
Company will not have sufficient funds to undertake any significant development,
marketing, and manufacturing of any products that may be acquired. Accordingly,
if the Company acquires the rights to a product, rather than entering into a
merger or acquisition, it most likely would need to seek debt or equity
financing or obtain funding from third parties, in exchange for which the
Company would probably be required to give up a substantial portion of its
interest in any acquired product. There is no assurance that the Company will be
able either to obtain additional financing or to interest third parties in
providing funding for the further development, marketing and manufacturing of
any products acquired.

# Evaluation of Opportunities

The
analysis of new business opportunities will be undertaken by or under the
supervision of management. Management intends to concentrate on identifying
prospective business opportunities which may be brought to its attention through
present associations with management. In analyzing prospective business
opportunities, management will consider, among other factors, such matters as;

1.       the available technical, financial and managerial resources

2.       working capital and other financial requirements

3.       history of operation, if any

4.       prospects for the future

5.       present and expected competition

6.       the quality and experience of management services which may be available 
            and the depth of that management

7.       the potential for further research, development or exploration

8.       specific  risk  factors  not now  foreseeable  but which  then may be  
             anticipated  to impact  the  proposed
                  activities of the Company

9.       the potential for growth or expansion

10.      the potential for profit

11.      the perceived public recognition or acceptance of products, services or trade

12.      name identification

Management
will meet personally with management and key personnel of the firm sponsoring
the business opportunity as part of their investigation. To the extent possible,
the Company intends to utilize written reports and personal investigation to
evaluate the above factors.

Opportunities
in which the Company participates will present certain risks, many of which
cannot be identified adequately prior to selecting a specific opportunity. The
Companys shareholders must, therefore, depend on management to identify
and evaluate such risks. Promoters of some opportunities may have been unable to
develop a going concern or may present a business in its development stage (in
that it has not generated significant revenues from its principal business
activities prior to the Companys participation). Even after the
Companys participation, there is a risk that the combined enterprise may
not become a going concern or advance beyond the development stage. Other
opportunities may involve new and untested products, processes, or market
strategies which may not succeed. Such risks will be assumed by the Company and,
therefore, its shareholders.

The
investigation of specific business opportunities and the negotiation, drafting,
and execution of relevant agreements, disclosure documents, and other
instruments will require substantial management time and attention as well as
substantial costs for accountants, attorneys, and others. If a decision is made
not to participate in a specific business opportunity, the costs incurred in the
related investigation would not be recoverable. Furthermore, even if an
agreement is reached for the participation in a specific business opportunity,
the failure to consummate that transaction may result in the loss by the Company
of the related costs incurred.

There
is the additional risk that the Company will not find a suitable target.
Management does not believe the Company will generate revenue without finding
and completing a transaction with a suitable target company. If no such target
is found, therefore, no return on an investment in the Company will be realized,
and there will not, most likely, be a market for the Companys stock.

# Acquisition of Opportunities

In
implementing a structure for a particular business acquisition, the Company may
become a party to a merger, consolidation, reorganization, joint venture,
franchise, or licensing agreement with another corporation or entity. It may
also purchase stock or assets of an existing business. Once a transaction is
complete, it is possible that the present management and shareholders of the
Company will not be in control of the Company. In addition, the Companys
management may, as part of the terms of the transaction, resign and be replaced
in whole or in part without a vote of the Companys shareholders.

It
is anticipated that securities issued in any such reorganization would be issued
in reliance on exemptions from registration under applicable Federal and state
securities laws. In some circumstances, however, as a negotiated element of this
transaction, the Company may agree to register such securities either at the
time the transaction is consummated, under certain conditions, or at specified
time thereafter. The issuance of substantial additional securities and their
potential sale into any trading market which may develop in the Companys
Common Stock may have a depressive effect on such market.

While
the actual terms of a transaction to which the Company may be a party cannot be
predicted, it may be expected that the parties to the business transaction will
find it desirable to avoid the creation of a taxable event and thereby structure
the acquisition in a so called tax free reorganization under
Sections 368(a)(1) or 351 of the Internal Revenue Code of 1986, as amended (the
Code). In order to obtain tax free treatment under the Code, it may
be necessary for the owners of the acquired business to own 80% or more of the
voting stock of the surviving entity. In such event, the shareholders of the
Company would retain less than 20% of the issued and outstanding shares of the
surviving entity, which could result in significant dilution in the equity of
such shareholders.

As
part of the Companys investigation, the Companys management will
meet personally with management and key personnel of the target company, may
visit and inspect material facilities, obtain independent analysis or
verification of certain information provided, check references of management and
key personnel, and take other reasonable investigative measures, to the extent
of the Companys limited financial resources and management expertise.

The
manner in which the Company participates in an opportunity with a target company
will depend on the nature of the opportunity, the respective needs and desires
of the Company and other parties, the management of the opportunity, and the
relative negotiating strength of the Company and such other management.

With
respect to any mergers or acquisitions, negotiations with target company
management will be expected to focus on the percentage of the Company which the
target companys shareholders would acquire in exchange for their share
holdings in the target company. Depending upon, among other things, the target
companys assets and liabilities, the Companys shareholders will, in
all likelihood, hold a lesser percentage ownership interest in the Company
following any merger or acquisition. The percentage ownership may be subject to
significant reduction in the event the Company acquires a target company with
substantial assets. Any merger or acquisition effected by the Company can be
expected to have a significant dilutive effect on the percentage of shares held
by the Companys then shareholders.

Management
has advanced, and will continue to advance, funds used by the Company in
identifying and pursuing agreements with target companies. Management could
require that these funds be repaid from the proceeds of any transaction with the
target company, and any agreement governing such a transaction may, in fact, be
contingent upon the repayment of those funds.

# Competition

The
Company is an insignificant participant among firms that engage in business
combinations with, or financing of, development-stage enterprises. There are
many established management and financial consulting companies and venture
capital firms that have significantly greater financial and personal resources,
technical expertise and experience than the Company. In view of the
Companys limited financial resources and management availability, the
Company will continue to be at significant competitive disadvantage vis-a-vis
the Companys competitors.

# Regulation and Taxation

Although
the Company will be subject to regulation under the Securities Act of 1933 and
the Securities Exchange Act of 1934, management believes the Company will not be
subject to regulation under the Investment Company Act of 1940 insofar as the
Company will not be engaged in the business of investing or trading in
securities. In the event the Company engages in business combinations which
result in the Company holding passive investment interests in a number of
entities, the Company could be subject to regulation under the Investment
Company Act of 1940. In such event, the Company would be required to register as
an investment company and could be expected to incur significant registration
and compliance costs. The Company has obtained no formal determination from the
Securities and Exchange Commission as to the status of the Company under the
Investment Company Act of 1940 and, consequently, any violation of such Act
would subject the Company to material adverse consequences.

The
Company intends to structure a merger or acquisition in such manner as to
minimize Federal and state tax consequences to the Company and to any target
company.

# Employees

The
Company does not have any employees at the present time but relies upon the
efforts of its sole director and officer, who will devote as much time as
believed necessary to carry out the affairs of the Company.

# PART II. OTHER INFORMATION

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

(a)      The following exhibits are filed with this Quarterly Report or
are incorporated herein by reference:

`Exhibit
              Number           Description

              99.1      Certification - Sarbanes-Oxley Act of 2002

(b)      Reports on Form 8-K

                           NONE`

# SIGNATURES

Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.

EVENTEMP CORPORATION

|By | /s/ Keith D. Spickelmier
                  Keith D. Spickelmier,
President(Principal Executive Officer,
Principal Financial Officer and Principal Accounting Officer) | 
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 

Dated:  August 12, 2002