UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549
                                   FORM 10-QSB


(x  )     QUARTERLY  REPORT  PURSUANT  TO  SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE  ACT  OF  1934

For  the  quarterly  period  ended        December  31,  1998
                                   --------------------------

(  )     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                                                  0-0751
                         -------------------------------------------------------
                           VIABLE   RESOURCES,   INC.
                           --------------------------
               (Exact name of registrant as specified in charter)

                       Nevada           83-0242652
-----------------------------     ----------------
(State  or  other  jurisdiction  of
(I.R.S.  Employer  incorporation  or  organization)          Identification No.)

  4700  South  900  East,  41B,  Salt  Lake  City,  Utah                  84117
--------------------------------------------------------     ------------------
(Address  of  principal  executive  offices)     (Zip  Code)

                                  801-265-2170
                                  ------------
               Registrant's telephone number, including area code

                                       N/A
                                       ---
    (Former name, former address, and former fiscal year, if changed since last
                                    report.)


     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),  Yes [  ]  No [ x ] and (2) has
been subject to such filing requirements for the past 90 days.  Yes [x ]   No  [
]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

     Indicate  the  number of shares outstanding of each of the issuer's classes
of  common  stock,  as  of  the  last  practicable  date.

                  Class       Outstanding  as  of  December  31,  1998
     ------------------     ------------------------------------------
     Common  Stock,  $0.001            13,013,300



<PAGE>
                                      INDEX
                                                                  Page
                                                                  Number
                                                                  ------
PART  I.

     ITEM  1.     Financial  Statements  (unaudited)                3

     Balance  Sheets                                                4
   December  31,  1998  and  March  31,  1998

     Statements  of  Operations
   For  the  three  and  nine  months  ended
   December  31,  1998 and 1997  and  the  period                   5
   from April 1, 1993 to December  31,  1998

     Statement  of  Changes  in  Stockholders'  Equity
   For  the  period  from  April  1,  1993  to
   December  31,  1998                                             6

     Statements  of  Cash  Flows
    For  the  nine  months  ended  December  31,
    1998  and  1997  and the period from April 1, 1993             7
    to December  31,  1998

     Notes  to  Financial  Statements                              8

     ITEM  2.    Plan  of  Operations                             10

PART  II.     Signatures                                          11

                         PART I - FINANCIAL INFORMATION


                          ITEM 1. FINANCIAL STATEMENTS


The accompanying   balance sheets of Viable Resources, Inc. (a development stage
company)  at  December  31,  1998  and  March  31  1998,  and  the statements of
operations for the three and  nine  months ended  December 31, 1998 and 1997 and
the  period  from  April 1, 1993 to  December 31, 1998,  the cash flows and  the
statement  of stockholder' equity  for the nine months ended  December  31, 1998
and  1997,  and  the  period  from April 1, 1993 to December 31, 1998, have been
prepared by the Company's management and they do not include all information and
notes  to  the financial statements necessary for a complete presentation of the
financial  position, results of operations, cash flows, and stockholders' equity
in  conformity with generally accepted accounting principles.  In the opinion of
management,  all adjustments considered necessary for a fair presentation of the
results  of  operations  and  financial position have been included and all such
adjustments  are  of  a  normal  recurring  nature.

Operating  results for the quarter ended December  31, 1998, are not necessarily
indicative  of  the  results  that can be expected for the year ending March 31,
1999.

                            VIABLE  RESOURCES,   INC.
                          ( DEVELOPMENT STAGE COMPANY)
                                 BALANCE SHEETS
                      DECEMBER 31, 1998, AND MARCH 31, 1998
<TABLE>
<CAPTION>
                                                            DECEMBER 31,      MARCH 31,
                                                            1998               1998
                                                           -------------      --------
<S>                                                        <C>                 <C>
ASSETS

CURRENT ASSETS

Cash. . . . . . . . . . . . . . . . . . . . . . . . . . .  $               -   $       462
                                                           ------------------  ------------

  Total Current Assets. . . . . . . . . . . . . . . . . .  $               -   $       462
                                                           ==================  ============

LIABILITIES AND STOCKHOLDERS'
EQUITY

CURRENT LIABILITIES

Accounts payable. . . . . . . . . . . . . . . . . . . . .  $               -   $         -
                                                           ------------------  ------------

Total Current Liabilities . . . . . . . . . . . . . . . .                  -             -
                                                           ------------------  ------------

STOCKHOLDERS' EQUITY

Common stock
        25,000,000 shares authorized, at $0.01 par value;
       13,013,300  shares issued and outstanding. . . . .            130,133       130,133

Capital in excess of par value. . . . . . . . . . . . . .          6,464,654     6,464,654

    Accumulated deficit . . . . . . . . . . . . . . . . .         (6,594,787)   (6,594,325)
                                                           ------------------  ------------

Total Stockholders' Equity. . . . . . . . . . . . . . . .                  -           462
                                                           ------------------  ------------
                                                           $               -   $       462
                                                           ==================  ============

</TABLE>


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

<PAGE>

                            VIABLE   RESOURCES,  INC.
                          ( DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF OPERATIONS
        FOR THE THREE AND NINE  MONTHS ENDED DECEMBER 31, 1998, AND 1997
             AND THE PERIOD FROM APRIL 1, 1993 TO DECEMBER 31, 1998



<TABLE>
<CAPTION>



                  THREE MONTHS       THREE MONTHS              NINE MONTHS   NINE MONTHS    APR 1, 1993 TO
                    DEC  31,          DEC  31,                 DEC  31,       DEC  31,
                      1998              1997                     1998           1997       DEC  31, 1998
                  -------------  --------------------------  -------------  ------------  ----------------

<S>               <C>            <C>                         <C>            <C>           <C>
REVENUES . . . .  $           -  $                       -   $          -   $          -  $        40,439


EXPENSES . . . .              -                           -           462              -          449,487
                  -------------  --------------------------  -------------  ------------  ----------------

NET LOSS . . . .  $           -  $                        -  $       (462)  $          -  $      (409,048)
                  =============  ==========================  =============  ============  ================


 GAIN (LOSS) PER
COMMON SHARE

     Basic . . .  $           -                                $    -         $      -      $          -
                  -------------                                 ------------  -------------  ------------


AVERAGE
     OUTSTANDING
     SHARES

     Basic . . .     13,013,300                                  13,013,300    13,013,300     13,013,300
                  -------------                                  -----------  -------------  ------------


</TABLE>

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


<PAGE>
                            VIABLE   RESOURCES,  INC.
                          ( DEVELOPMENT STAGE COMPANY)
                  STATEMENT OF CHANGES  IN STOCKHOLDERS' EQUITY
         PERIOD APRIL  1, 1993 (DATE OF INCEPTION OF  DEVELOPMENT STAGE)
                              TO DECEMBER 31, 1998


<TABLE>
<CAPTION>


                                            COMMON  STOCK       CAPITAL  In
                                         --------------------    EXCESS  OF     ACCUMULATED
                                           SHARES     AMOUNT     PAR  VALUE        DEFICIT
                                           ------     ------     ----------     ----------

<S>                                         <C>         <C>        <C>          <C>
BALANCE APRIL 1,  1993 (date of inception.  13,013,300  $ 130,133  $ 6,464,654  $(6,185,739)
      of development stage)

Net operating loss for the year ended
    March 31, 1994 . . . . . . . . . . . .           -          -            -      (34,339)

Net operating profit for the year ended
    March 31, 1995 . . . . . . . . . . . .           -          -            -           99

Net operating profit for the year ended
     March 31, 1996. . . . . . . . . . . .           -          -            -      208,733

Net operating profit for the year ended
     March 31, 1997. . . . . . . . . . . .           -          -            -       12,771

Net operating loss for the year ended
    March 31, 1998 . . . . . . . . . . . .           -          -            -     (595,850)


BALANCE MARCH 31, 1998 . . . . . . . . . .  13,013,300    130,133    6,464,654   (6,594,325)


Net operating loss for the nine months
    ended December 31, 1998. . . . . . . .           -          -            -         (462)



BALANCE DECEMBER 31, 1998. . . . . . . . .  13,013,300  $ 130,133  $ 6,464,654  $(6,594,787)
                                            ==========  =========  ===========  ============



</TABLE>




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


<PAGE>

                           VIABLE   RESOURCES,   INC.
                          ( DEVELOPMENT STAGE COMPANY )
                             STATEMENT OF CASH FLOWS
              FOR THE NINE MONTHS ENDED DECEMBER 31, 1998 AND 1997
      AND THE PERIOD APRIL 1, 1993 (DATE OF INCEPTION OF DEVELOPMENT STAGE)
                              TO DECEMBER 31, 1998


<TABLE>
<CAPTION>

                                                   DEC  31,                   DEC  31,     APR 1, 1993
                                                     1998                      1997    TO DEC  31, 1998
                                               --------------------          ------  ------------------
<S>                                            <C>                            <C>     <C>
CASH FLOWS FROM
OPERATING ACTIVITIES

Net loss. . . . . . . . . . . . . . . . . . .  $               (462)          $    -  $        (409,048)

Adjustments to reconcile net loss to
net cash provided by operating
activities

         Loss of assets . . . . . . . . . . .                     -                -            409,048



      Net (Decrease) in Cash  from Operations                  (462)               -                  -
                                               ---------------------          ------  ------------------



CASH FLOWS FROM INVESTING
ACTIVITIES. . . . . . . . . . . . . . . . . .                     -                -                  -
                                               ---------------------          ------  ------------------

CASH FLOWS FROM FINANCING
ACTIVITIES
                                                                  -                -                  -
                                               ---------------------          ------  ------------------

Net Increase (Decrease) in Cash . . . . . . .                  (462)               -                  -

Cash at Beginning of Period . . . . . . . . .                   462                -                  -
                                               ---------------------          ------  ------------------

Cash at End of Period . . . . . . . . . . . .  $                  -           $    -  $               -
                                               =====================          ======  ==================
</TABLE>







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

<PAGE>

                           VIABLE   RESOURCES,   INC.
                          ( DEVELOPMENT STAGE COMPANY )
                          NOTES TO FINANCIAL STATEMENTS



1.     ORGANIZATION

The Company was incorporated under the laws of the state of Nevada on August 24,
1978  with authorized common stock of 25,000,000 shares at a  par value of $.01.
Since  inception  the  Company and its wholly owned subsidiary has been  engaged
in  the  business  of  the  exploration,  development  and production of mineral
properties.   During  1992  the  Company  ceased  operations    and  has  since
remained  inactive.

On February 29, 1984, the Registrant filed a voluntary petition under chapter XI
of  the  United  States  Bankruptcy Code, in the United States Bankruptcy Court,
District  of  Wyoming.  Previous  Annual  Reports on Form 10-K have detailed the
background  of  the  filing  and progress in the reorganization proceedings.  On
February  18,  1987,  the  Bankruptcy  Court  confirmed the Registrant's plan of
Reorganization  which  had been submitted to and approved by creditors.  On July
13,  1988,  the  Bankruptcy  Court  issued  the final decree closing the case of
Viable  Resources,  Inc.  No 84-00138-B, pursuant to Rule 3022 of the bankruptcy
rules.

The ability of the Registrant to meet its obligations under the plan depended on
the  operational  success  under  the  agreement.  The registrant's share of the
revenues  under  the  agreement  was  not  sufficient  to  meet  the payments to
creditors  under  the plan and during 1990  became delinquent on the payments to
creditors.

At the date of this report all remaining debt of the registrant after completion
of  the  bankruptcy  has  been  extinguished  by  the  statute  of  limitations.

The  company  is considered to have been in the development stage since April 1,
1993.

2.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

Accounting  Methods
-------------------

The  Company  recognizes  income  and  expenses  based  on the accrual method of
accounting.

Dividend  Policy
----------------

The  Company  has  not  yet  adopted  a  policy  regarding payment of dividends.

Income  Taxes
-------------

On  March  31,  1998,  the  Company  had  a net operating loss  carry forward of
$6,594,325.  The  tax benefit from the loss carry forward  has been fully offset
by  a  valuation  reserve  because the use of the future tax benefit is doubtful
since  the  Company  has  no  operations  and an estimated 6,000,000 of the loss
carryforward  has  expired  and the balance will expire starting in 1999 through
2018.




<PAGE>
                           VIABLE   RESOURCES,   INC.
                          ( DEVELOPMENT STAGE COMPANY )
                    NOTES TO FINANCIAL STATEMENTS - CONTINUED



2.   SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES  (continued)

Estimates  and  Assumptions
---------------------------

Management  uses  estimates and assumptions in preparing financial statements in
accordance  with  generally accepted accounting principles.  Those estimates and
assumptions  affect  the  reported  amounts  of  the assets and liabilities, the
disclosure  of  contingent assets and liabilities, and the reported revenues and
expenses.  Actual  results  could  vary  from the estimates that were assumed in
preparing  these  financial  statements.

Financial  instruments
----------------------

The carrying amounts of financial instruments are considered by management to be
their estimated fair values.  These values are not necessarily indicative of the
amounts  that  the  Company  could  realize  in  a  current  market  exchange.

Earnings  (Loss)  Per  Share
----------------------------

Earnings  (loss)  per  share  amounts are computed based on the weighted average
number  of  shares  actually  outstanding  in  accordance  with  FASB  No.  128.

3.  GOING  CONCERN

The  Company's  management  intends  to  acquire  interests  in various business
opportunities  which, in the opinion of management, will provide a profit to the
Company  but  it  does  not  have  the  working capital to be successful in this
effort.

Continuation  of  the Company as a going concern is dependent upon obtaining the
working capital   for its planned activity and the management of the Company has
developed  a  strategy, which they believe can obtain the needed working capital
through  additional  equity  funding  and  long  term debt which will enable the
Company  to  pursue  its  objective.














<PAGE>


                          ITEM 2.   PLAN OF OPERATIONS



The  Company's  management  intends  to  acquire  interests  in various business
opportunities  which, in the opinion of management, will provide a profit to the
Company  but  it  does  not  have  the  working capital to be successful in this
effort.

Continuation  of  the Company as a going concern is dependent upon obtaining the
working capital   for its planned activity and the management of the Company has
developed  a  strategy, which they believe can obtain the needed working capital
through  additional  equity  funding  and  long  term debt which will enable the
Company  to  pursue  its  objective.

Liquidity  and  Capital  Resources
----------------------------------

The  Company  will  need  additional  working  capital  to  finance  its planned
activity.

Results  of  Operations
-----------------------

The  Company  has  had  no  operations  during  this  reporting  period.


                               PART 2 - SIGNATURES

                                   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  there  unto  duly  authorized.





                                    VIABLE  RESOURCES,   INC.
                                        [Registrant]




                                          /s/  Lynn  Noerring
Dated:  October 25, 1999          By   -------------------------
                                       Lynn Noerring,  President