1

                SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, DC  20549

                             FORM 10-Q

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


For Quarter Ended              March 31, 1998

Commission File Number             0-17165

                            SUNSTYLE CORPORATION
      (Exact name of registrant as specified in its charter)

          Florida                           59-2905386
(State or other jurisdiction of          (I.R.S. Employer
 incorporation or organization)          Identification No.)


  36460 US 19N Palm Harbor, Florida                    34684
(Address of principal executive offices)            (Zip Code)

Registrant's Telephone Number, Including Area Code (727) 789-8899

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
the past 90 days.

                       Yes  X     No

     Title of Each Class                 Number of Shares
                                          March 31, 1998

Common Stock, $.10 par value                 1,096,014

Name of Each Exchange on Which Registered:

     None


PART I - Financial Information
  Item 1.  Financial Statements


           SUNSTYLE CORPORATION AND SUBSIDIARIES

                CONSOLIDATED BALANCE SHEETS

                                   March 31, 1998     December 31, 1997
                                   ----------------  -----------------
                                       (Unaudited)       (Unaudited)

ASSETS

Cash                                   $  207,521     $  207,423
                                       ----------     ----------
  Total Assets                         $  207,521     $  207,423
                                       ==========     ==========

LIABILITIES AND STOCKHOLDERS' EQUITY

Notes Payable to Former Parent         $  255,000     $  255,000
Interest Payable to Former Parent          93,452         93,452
Accounts Payable and Accrued Expenses      16,500         16,500
                                        -----------   ----------
  Total Liabilities                    $  364,952     $  364,952
                                       -----------    ----------

Stockholders' Deficit:
  Common Stock; $.10 Par Value;
  Authorized 10,000,000 Shares;
  Issued and Outstanding
  1,096,014 Shares                     $  109,601     $  109,601
  Additional Paid-in Capital            1,341,221      1,341,221
  Accumulated Deficit                  (1,608,253)    (1,608,351)
                                       -----------    -----------
  Total Stockholders' Deficit          $ (157,431)    $ (157,529)
                                       -----------    -----------
  Total Liabilities and
  Stockholders' Deficit                $  207,521     $  207,423
                                       ===========    ===========





       The accompanying notes are an integral part of
          these consolidated financial statements.


           CONSOLIDATED STATEMENTS OF OPERATIONS
                        (Unaudited)

            FOR THE THREE MONTHS ENDED MARCH 31,


                                 1998                  1997
                            ----------            -----------

Revenues:
  Interest Income           $    2,264            $     2,330
                            ----------            -----------
                                 2,264                  2,330
                            ----------            -----------
Costs and Expenses:
  General and Administrative     2,166                  2,062
                            ----------            -----------
                                 2,166                  2,062
                            ----------            -----------

Net Income (Loss)           $       98             $      268
                            ==========             ==========

Net Loss Per share          $    (.001)            $    (.001)
                            ==========             ==========






       The accompanying notes are an integral part of
          these consolidated financial statements.


           CONSOLIDATED STATEMENTS OF CASH FLOWS
                        (Unaudited)

            FOR THE THREE MONTHS ENDED MARCH 31,


                                             1998         1997
                                         -----------  -----------
Cash Flows from Operating Activities:
  Net Income                             $        98  $       268
                                         -----------  -----------
  Adjustments to Reconcile Net Income
  to Net Cash Provided by
  Operating Activities:
  Change in Operating Assets and Liabilities:
  (Decrease) in Audit Payable                      0       (1,000)
                                         -----------  -----------

     Total Adjustments                             0       (1,000)
                                         -----------  -----------
Net Cash Provided by (Used in) Operating
  Activities                                      98         (732)
                                         -----------  -----------

Net Increase (Decrease) in Cash                   98         (732)

Cash at Beginning of Period                  207,423      205,019
                                         -----------  -----------

Cash at End of Period                    $   207,521  $   204,287
                                         ===========  ===========





       The accompanying notes are an integral part of
          these consolidated financial statements.


         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                        (Unaudited)
                       March 31, 1998


NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES:

  Basis of Preparation

   The  unaudited financial statements presented herein  have  been
prepared  in accordance with the instructions to Form 10-Q  and  do
not include all of the information and note disclosures required by
generally accepted accounting principles.  These statements  should
be  read  in  conjunction with the financial statements  and  notes
thereto  included  in the Company's Form 10-K for  the  year  ended
December  31, 1997.  In the opinion of management, these  financial
statements  include  all  adjustments, consisting  only  of  normal
recurring  adjustments, necessary to summarize fairly the Company's
financial  position  and  results of operations.   The  results  of
operations  for the period may not be indicative of results  to  be
expected for the year.

  Reclassification

   Certain  items  in  the  1997  financial  statements  have  been
reclassified for comparative purposes to conform with the financial
statement presentation used in the 1998 statements.

  Federal and State Income Taxes

   Substantial  losses  have been sustained by  the  Company  which
raises considerable doubt as to its ability to continue operations.
As  a result of the above, it is unlikely that the Company will  be
able  to  benefit from the approximately $2,898,000 in  tax  loss
carry  forwards available as of December 31, 1997.   Therefore,  no
provision  has been made in these statements for any  deferred  tax
benefit.

NOTE 2 - CONTINGENCIES AND OTHER EVENTS:

  The Company is negotiating the settlement of its outstanding debt
to  its  former Parent.  Although it is possible that a  settlement
could result in the transfer of essentially all remaining assets to
its  former  Parent,  the effect of a final  settlement  cannot  be
determined at this time.

   In  addition to the uncertainty discussed above, the Company has
sustained  substantial net losses and has a deficit  net  worth  at
March  31,  1998,  of $(157,431).  These issues raise  considerable
doubt   as   to  the  Company's  ability  to  continue  operations.
Management  has not adopted a plan of liquidation. The consolidated
financial statements do not include any adjustments that may result
from any of the above events.



 MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                 AND RESULTS OF OPERATIONS

                       March 31, 1998

Results of Operations

  For the Three Months Ended March 31, 1998 and 1997:

   Interest income increased from $2,330 for the three months ended
March  31,  1997,  to $2,264 for the three months ended  March  31,
1998. General and administrative expenses increased from $2,062 for
the  three  months ended March 31, 1997, to $2,166  for  the  three
months ended March 31, 1998.  As a result of the above, the Company
had a net income of $98 in 1998 compared to a net income of $268 in
1997.

Liquidity and Capital Resources

   Due  to  continuing  losses in a depressed market,  the  Company
ceased  construction activities and terminated all employees during
May of 1991.  All remaining real estate assets were sold.

   The Company's liabilities are primarily to its former Parent  in
the  form of an unsecured note ($255,000), interest on the note and
other   payables.    The  Company  is  currently  negotiating   the
settlement of its outstanding debt to its former Parent.

   In  addition to the uncertainty discussed above, the Company has
sustained  substantial net losses and has a deficit  net  worth  at
March  31,  1998,  of $(157,431).  These issues raise  considerable
doubt   as   to  the  Company's  ability  to  continue  operations.
Management  has not adopted a plan of liquidation. The consolidated
financial statements do not include any adjustments that may result
from any of the above events.




                         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.


                         SUNSTYLE CORPORATION
                         (Registrant)


Date:July 27, 2000       By:/s/Ralph W. Quartetti
                         Ralph W. Quartetti, President
                         Chief Executive Officer and
                         Chief Financial Officer