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               September 30, 1997

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 19 N., 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
                                             September 30, 1997

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

                                      September 30,   December 31,
                                          1997           1996
                                       -----------    -----------
                                       (Unaudited)     (Audited)
ASSETS

Cash                                   $  205,965     $  205,019
                                        ----------    ----------
  Total Assets                         $  205,965     $  205,019
                                       ==========     ==========

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      15,700         17,500
                                       -----------    -----------
  Total Liabilities                    $  364,152     $  365,952
                                       -----------    -----------

Commitments and Contingencies

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                  (1,609,009)    (1,611,755)
                                       -----------    ----------
  Total Stockholders' Deficit            (158,187)      (160,933)
                                       -----------    -----------
  Total Liabilities and
  Stockholders' Deficit                $  205,965     $  205,019
                                       ===========    ===========





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


              CONSOLIDATED STATEMENTS OF OPERATIONS
                          (Unaudited)

             FOR THE NINE MONTHS ENDED SEPTEMBER 30,

                                            1997           1996
                                       -----------    -----------
Revenues:
  Interest Income                      $   6,979      $    6,779
                                       ----------     ----------

                                           6,979           6,779
                                       ----------     ----------
Costs and Expenses:
  Audit Expense                                0           4,900
  General and Administrative               4,233           4,072
  Interest                                     0          17,234
                                       ----------     ----------
                                           4,233          26,206
                                       ----------     ----------

Net Income (Loss)                      $   2,746      $  (19,427)
                                       ==========     ===========

Net Income (Loss) Per share            $    .002      $     (.02)
                                       ===========    ===========







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


               CONSOLIDATED STATEMENTS OF OPERATIONS
                          (Unaudited)

              FOR THE THREE MONTHS ENDED SEPTEMBER 30,


                                            1997           1996
                                       ----------     ----------

Revenues:
  Interest Income                      $    2,329     $    2,262
                                       ----------      ----------

                                            2,329          2,262
                                       ----------      ----------
Costs and Expenses:
  General and Administrative                  297          1,412
  Interest                                      0          5,881
                                       ----------      ----------
                                              297          7,293
                                       ----------      ----------

Net Income (Loss)                      $    2,032      $  (5,031)
                                       ==========      ===========

Net Income (Loss) Per share            $     .002      $    (.01)
                                       ==========      ===========







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


                CONSOLIDATED STATEMENTS OF CASH FLOWS
                            (Unaudited)

                FOR THE NINE MONTHS ENDED SEPTEMBER 30,

                                            1997          1996
                                       -----------    -----------
Cash Flows from Operating
Activities:
  Net Income (Loss)                     $    2,746     $  (19,427)
                                        -----------    -----------
  Adjustments to Reconcile Net
  Income (Loss)
  Change in Operating Assets
  and Liabilities:
    Notes Receivable                             0          7,680
    Interest Payable to Former Parent            0         17,233
    Accounts Payable and
      Accrued Expenses                      (1,800)             0
                                        -----------     -----------

  Total Adjustments                         (1,800)        24,913
                                        -----------     -----------
Net Cash Provided by (Used in)
  Operating Activities                         946          5,486
                                        -----------     -----------

Net Increase in Cash                           946          5,486

Cash at Beginning of Period                205,019        198,600
                                       -----------     -----------

Cash at End of Period                  $   205,965     $  204,086
                                       ===========     ===========





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


              NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                              (Unaudited)
                          September 30, 1997


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,
1996.  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  1996  financial  statements  have   been
reclassified  for comparative purposes to conform with  the  financial
statement presentation used in the 1997 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 $2,902,000 in tax loss carry  forwards
available as of December 31, 1996.  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
September  30,  1997,  of $158,187.  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

                          September 30, 1997

Results of Operations

  For the Nine Months Ended September 30, 1997 and 1996:

   Interest  income  increased from $6,779 for the nine  months  ended
September 30, 1996, to $6,979 for the nine months ended September  30,
1997.   Interest  expense decreased from $17,234 for the  nine  months
ended  September 30, 1996, to $ 0 for the nine months ended  September
30,  1997.  General and administrative expenses increased from  $4,072
for  the nine months ended September 30, 1996, to $4,233 for the  nine
months  ended September 30, 1997.  Audit expense decreased from $4,900
for  the  nine  months ended September 30, 1996, to $ 0 for  the  nine
months  ended  September  30, 1997.  As a result  of  the  above,  the
Company had a net loss of $19,427 in 1996 compared to a net income  of
$2,746 in 1997.

  For the Three Months Ended September 30, 1997 and 1996:

   Interest  income increased from $2,262 for the three  months  ended
September 30, 1996, to $2,329 for the three months ended September 30,
1997.   Interest  expense decreased from $5,881 for the  three  months
ended  September 30, 1996, to $ 0 for the three months ended September
30,  1997.  General and administrative expenses decreased from  $1,412
for  the three months ended September 30, 1996, to $297 for the  three
months  ended  September  30, 1997.  As a result  of  the  above,  the
Company  had a net loss of $5,031 in 1996 compared to a net income  of
$2,032 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
September  30,  1997,  of $158,187.  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 26, 2000     By:/s/Ralph W. Quartetti
                         Ralph W. Quartetti, President
                         Chief Executive Officer and
                         Chief Financial Officer