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 quarterly period ended September 30, 2002

[ ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934 for the transition period from _______ to _______

Commission File No. 333-92190
-----------------------------

                           NATIONAL BEAUTY CORPORATION
                           ---------------------------
        (Exact name of small business issuer as specified in its charter)

                            BEAUTYMERCHANT.COM, INC.
                            ------------------------
                           (Former name of registrant)

          Nevada                                   13-3422912
          ------                                   ----------
(State or other jurisdiction of                  (IRS Employer
incorporation or organization)               identification No.)


           4810 W. Commercial Boulevard, Ft. Lauderdale, Florida 33319
           -----------------------------------------------------------
                    (Address of principal executive offices)

                                 (954) 717-8680
                                 --------------
                           (Issuer's telephone number)



Check  whether  the issuer (1) filed all reports required to be filed by Section
13  or  15(d) of the Exchange Act during the past 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 [x] No [  ]

Number of shares of common stock outstanding as of
November 14, 2002: 4,871,062

Number of shares of preferred stock outstanding as of
November 14, 2002: 750,000


                              INDEX TO FORM 10-QSB
                              --------------------

                                                       Page No.
                                                       --------
PART I
------

Item 1.     Financial Statements

Consolidated Balance Sheets - September 30, 2002 and December 31, 2001   2

Consolidated Statements of Operations - Three and Nine Months Ended
September 30, 2002 and 2001                                              3

Consolidated Statements of Cash Flows - Three and Nine Months Ended
September 30, 2002 and 2001                                              4

Notes to Consolidated Financial Statements                             5-6

Item 2.     Management's Discussion and Analysis of Financial Condition
            And Results of Operations                                 7-10

PART II
-------

Item 1.     Legal Proceedings                                           10

Item 2.     Changes in Securities                                       10

Item 3.     Defaults Upon Senior Securities                             11

Item 4.     Submission of Matters to a Vote of Security Holders         11

Item 5.     Other Information                                           11




















    The accompanying notes are an integral part of these financial statements



<TABLE>
<CAPTION>


                   NATIONAL BEAUTY CORPORATION & SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS
                 AS OF SEPTEMBER 30, 2002 AND DECEMBER 31, 2001

                                     (Unaudited)
                            ASSETS     Sept. 30, 2002
                            ------


<S>                        <C>
CURRENT ASSETS:
-------------------------
Cash and cash equivalents  $  6,983
Accounts receivable . . .       132
Marketable securities . .     1,500
Inventory . . . . . . . .     4,087
Prepaid rent. . . . . . .     2,226
Prepaid consulting. . . .    22,500
                           ---------
TOTAL CURRENT ASSETS. . .    37,428
                           ---------

FIXED ASSETS
-------------------------
Furniture . . . . . . . .    21,616
Leasehold improvements. .     9,500
Equipment . . . . . . . .    47,668
Accumulated depreciation.   (38,361)
                           ---------
NET FIXED ASSETS. . . . .    40,423
                           ---------

OTHER ASSETS:
-------------------------
Deposits. . . . . . . . .     8,882
                           ---------
TOTAL OTHER ASSETS. . . .     8,882
                           ---------

TOTAL ASSETS. . . . . . .  $ 86,733
                           =========

</TABLE>














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



<TABLE>
<CAPTION>


                    NATIONAL BEAUTY CORPORATION & SUBSIDIARIES
                     CONSOLIDATED BALANCE SHEETS (CONTINUED)
                  AS OF SEPTEMBER 30, 2002 AND DECEMBER 31, 2001

                                      (Unaudited)
             LIABILITIES AND STOCKHOLDERS' EQUITY     Sept. 30, 2002
             ------------------------------------


<S>                                                                  <C>
CURRENT LIABILITIES
-------------------------------------------------------------------
Accounts payable and accrued expenses . . . . . . . . . . . . . . .  $     4,005
Outstanding checks in excess of bank balance. . . . . . . . . . . .          261
Shareholder loan payable. . . . . . . . . . . . . . . . . . . . . .       25,000
Current portion of capitalized lease obligation . . . . . . . . . .            -
                                                                     ------------
TOTAL CURRENT LIABILITIES . . . . . . . . . . . . . . . . . . . . .       29,266
                                                                     ------------
STOCKHOLDERS' EQUITY
-------------------------------------------------------------------
Common stock ($.001 par value, 100,000,000 shares authorized;
 4,746,062 and 1,466,362 issued and outstanding at September 30,
 2002 and December 31, 2001, respectively). . . . . . . . . . . . .        4,746
Series A convertible preferred stock ($.001 par value; 40,000,000
 shares authorized, 750,000 and 950,000 shares issued and
 outstanding at September 30, 2002 and December 31, 2001,
 respectively). . . . . . . . . . . . . . . . . . . . . . . . . . .          750
Series B 2% convertible preferred stock ($.001 par value; 1,000
 shares authorized, -0- shares issued and outstanding at September
 30, 2002 and December 31, 2001, respectively). . . . . . . . . . .            -
Additional paid in capital. . . . . . . . . . . . . . . . . . . . .    1,679,610
Retained deficit. . . . . . . . . . . . . . . . . . . . . . . . . .   (1,627,639)
TOTAL STOCKHOLDERS' EQUITY. . . . . . . . . . . . . . . . . . . . .       57,467
                                                                     ------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY. . . . . . . . . . . . .  $    86,733
                                                                     ============
</TABLE>















    The accompanying notes are an integral part of these financial statements


<TABLE>
<CAPTION>


                   NATIONAL BEAUTY CORPORATION & SUBSIDIARIES
                CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
         FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2002 AND 2001

<S>                          <C>          <C>        <C>          <C>
                    Three Months Ended Sept. 30, Nine Months Ended Sept. 30,
                                   2002       2001         2002        2001
                             -----------  ----------  -----------  ----------
REVENUES:
---------------------------
Sales . . . . . . . . . . .  $  120,546   $135,036   $  404,852   $ 325,351
Cost of sales . . . . . . .     (60,257)   (70,862)    (197,143)   (197,811)
GROSS PROFIT. . . . . . . .      60,289     64,174      207,709     127,540
                             -----------  ---------  -----------  ----------

EXPENSES:
---------------------------
Selling, general and
administrative. . . . . . .     127,630     79,405      550,775     183,755
TOTAL EXPENSES. . . . . . .     127,630     79,405      550,775     183,755
                             -----------  ---------  -----------  ----------

OPERATING LOSS. . . . . . .  $  (67,341)  $(15,231)  $ (343,066)  $ (56,215)

OTHER (EXPENSE):
---------------------------
Unrealized loss on trading
  securities. . . . . . . .        (243)    (6,592)        (243)    (62,000)
Interest expense. . . . . .           -       (260)           -        (780)

NET (LOSS). . . . . . . . .  $  (67,584)  $(22,083)  $ (343,309)  $(118,995)
                             ===========  =========  ===========  ==========
  Net (loss) per share -
  basic and fully diluted .  $    (0.01)  $  (0.07)  $    (0.09)  $   (0.76)
                             ===========  =========  ===========  ==========
  Weighted average shares*.   4,705,062    322,361    3,832,434     155,694
                             ===========  =========  ===========  ==========
</TABLE>



*Includes retroactive adjustment for 1 for 200 reverse stock split effected
during 2001.














    The accompanying notes are an integral part of these financial statements

<TABLE>
<CAPTION>


                           NATIONAL BEAUTY CORPORATION & SUBSIDIARIES
                        CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
                      FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2002 AND 2001



<S>                                                                       <C>         <C>
                                                                               2002        2001
CASH FLOWS FROM OPERATING ACTIVITIES:
------------------------------------------------------------------------
Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $(343,309)  $(118,195)
Adjustments to reconcile net loss to net cash (used in) operating
activities:
Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .      3,000       2,842
Common stock issued for services . . . . . . . . . . . . . . . . . . . .    280,240      36,365
Unrealized loss on trading securities. . . . . . . . . . . . . . . . . .        243      62,000
(Increase) decrease in operating assets:
Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . .        771        (245)
Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     (2,387)       (523)
Prepaid consulting . . . . . . . . . . . . . . . . . . . . . . . . . . .     67,500      (1,370)
Prepaid rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     (2,226)        -0-
Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .     (2,226)     (4,100)
Increase (decrease) in operating liabilities
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . .      1,775         -0-
NET CASH (USED IN) OPERATING ACTIVITIES. . . . . . . . . . . . . . . . .      3,381     (23,226)
                                                                          ----------  ----------

CASH FLOWS FROM INVESTING ACTIVITIES:
------------------------------------------------------------------------
Expenditures for leaseholds and equipment. . . . . . . . . . . . . . . .    (18,683)     (4,395)
NET CASH USED IN INVESTING ACTIVITIES. . . . . . . . . . . . . . . . . .    (18,683)     (4,395)
                                                                          ----------  ----------

CASH FLOWS FROM FINANCING ACTIVITIES:
------------------------------------------------------------------------
Proceeds from shareholder loan payable . . . . . . . . . . . . . . . . .     25,000         -0-
Collection of shareholder loan receivable. . . . . . . . . . . . . . . .        -0-       6,013
Outstanding checks in excess of bank balance . . . . . . . . . . . . . .    (11,403)        -0-
Principal repayments of note payable . . . . . . . . . . . . . . . . . .        -0-     (11,945)
Principal repayments under capitalized lease . . . . . . . . . . . . . .     (2,313)     (1,875)
NET CASH PROVIDED BY (USED) IN
FINANCING ACTIVITIES . . . . . . . . . . . . . . . . . . . . . . . . . .     11,284      (7,807)
                                                                          ----------  ----------
NET (DECREASE) IN CASH AND CASH EQUIVALENTS. . . . . . . . . . . . . . .     (4,018)    (35,428)
                                                                          ----------  ----------
CASH AND CASH EQUIVALENTS,
BEGINNING OF THE YEAR. . . . . . . . . . . . . . . . . . . . . . . . . .     11,001      56,191
                                                                          ----------  ----------
END OF THE PERIOD. . . . . . . . . . . . . . . . . . . . . . . . . . . .  $   6,983   $  20,763
                                                                          ==========  ==========
SUPPLEMENTARY CASH FLOW INFORMATION OF
------------------------------------------------------------------------
NON-CASH FINANCING:
------------------------------------------------------------------------
Common stock issued for services . . . . . . . . . . . . . . . . . . . .  $ 280,240   $  36,365
                                                                          ==========  ==========
Assumption of note payable in connection with assets acquisition          $       -   $  15,000
                                                                          ==========  ==========
</TABLE>




    The accompanying notes are an integral part of these financial statements
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                   ------------------------------------------
                   NATIONAL BEAUTY CORPORATION & SUBSIDIARIES
                         September 30, 2002 (UNAUDITED)
ITEM 1.
-------

NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial  information  and  pursuant  to  the  rules  and  regulations  of  the
Securities  and Exchange Commission. Accordingly, they do not include all of the
information  and  footnotes required by generally accepted accounting principles
for  complete  financial  statements.

In  the  opinion  of  management, the unaudited condensed consolidated financial
statements  contain all adjustments consisting only of normal recurring accruals
considered  necessary  to  present  fairly  the  Company's financial position at
September  30,  2002,  the  results  of  operations for the three and nine month
periods  ended  September  30, 2002 and 2001, and cash flows for the nine months
ended  September  30,  2002 and 2001. The results for the period ended September
30,  2002,  are not necessarily indicative of the results to be expected for the
entire  fiscal  year  ending  December  31,  2002.

NOTE  2  -  SEGMENT  INFORMATION

Based on the criteria established by SFAS 131, "Disclosures about Segments of an
Enterprise  and  Related  Information,"  the  Company  operates in two principal
business  segments  -  (1)  residential  cleaning  service and (2) retail beauty
salons.  In  accordance  with  SFAS 131, the Company is required to describe its
reportable  segments  and  provide  data  that  is consistent with the data made
available  to the Company's management to assess performance and make decisions.
Information  from  the  internal  management reports may differ from the amounts
reported  under  generally  accepted  accounting  principles.  The assets of the
discontinued  subsidiary  are reflected as corporate assets. Summarized revenues
and  expense  information  by  segment  for 2002 and 2001, as excerpted from the
internal  management  reports,  is  as  follows:
<TABLE>
<CAPTION>

<S>                                    <C>          <C>        <C>          <C>
                     Three Months Ended Sept. 30,          Nine Months Ended Sept. 30,
                                      2002          2001          2002          2001
                                      ----          ----          ----          ----
REVENUES:
-------------------------------------
Sales - Residential Cleaning. . . . .  $   76,662   $ 86,245   $  243,975   $ 206,056
Sales - Retail Beauty Salon . . . . .      43,884     48,791      160,877     119,295
Cost of sales - Residential
Cleaning. . . . . . . . . . . . . . .     (22,898)   (25,983)     (89,457)    (72,530)
Cost of sales - Retail Beauty
Salon . . . . . . . . . . . . . . . .     (37,359)   (44,879)    (107,686)   (125,281)
GROSS PROFIT. . . . . . . . . . . . .      60,289     64,174      207,709     127,540
                                       -----------  ---------  -----------  ----------

EXPENSES:
-------------------------------------
S,G&A - Residential Cleaning. . . . .      85,675     52,730      368,792     124,432
S,G&A - Retail Beauty Salon . . . . .      42,198     26,675      182,226      59,323
TOTAL EXPENSES. . . . . . . . . . . .     127,873     79,405      551,018     183,755
                                       -----------  ---------  -----------  ----------

OPERATING LOSS -
CLEANING. . . . . . . . . . . . . . .  $  (31,911)  $  7,532   $ (214,274)  $   9,094
OPERATING LOSS -
SALON . . . . . . . . . . . . . . . .     (35,673)   (22,763)    (129,035)    (65,309)

OTHER (EXPENSE):
-------------------------------------
Unrealized loss on trading
securities. . . . . . . . . . . . . .           -     (6,592)           -     (62,000)
Interest expense. . . . . . . . . . .           -       (260)           -        (780)

NET (LOSS). . . . . . . . . . . . . .  $  (67,584)  $(22,083)  $ (343,309)  $(118,995)

  Net (loss) per share -
  basic and fully diluted - Cleaning.  $    (0.01)  $   0.02   $    (0.06)  $    0.06

  Net (loss) per share -
  basic and fully diluted - Salon . .  $    (0.01)  $  (0.09)  $    (0.03)  $   (0.82)

  Weighted average shares . . . . . .   4,705,062    322,361    3,832,434     155,694

TOTAL ASSETS - CLEANING . . . . . . .       9,550      9,550        9,550       9,550
-------------------------------------
TOTAL ASSETS - SALON. . . . . . . . .      77,183     55,193       77,183      55,193
-------------------------------------

CAPITAL EXPENDITURES - CLEANING . . .           0          0            0           0
-------------------------------------
CAPITAL EXPENDITURES - SALON. . . . .      18,683      4,395       18,683       4,395
-------------------------------------

DEPRECIATION - CLEANING . . . . . . .           0          0            0           0
-------------------------------------
DEPRECIATION - SALON. . . . . . . . .       1,000        947        3,000       2,842
-------------------------------------

INTEREST EXPENSE - CLEANING . . . . .           0        260            0         780
-------------------------------------
INTEREST EXPENSE - SALON. . . . . . .           0          0            0           0
-------------------------------------
</TABLE>









ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION
--------

National  Beauty  Corp.  is  hereby  providing cautionary statements identifying
important  factors that could cause our actual results to differ materially from
those  projected  in forward looking statements made in this quarterly report on
Form  10-QSB.  Any  statements  that  express,  or  involve  discussions  as to,
expectations,  beliefs,  plans,  objectives,  assumptions  or  future  events or
performance  (often, but not always, through the use of words or phrases such as
"likely  will  result,"  "are  expected  to," "will continue," "is anticipated,"
"estimated,"  "intends,"  "plans" and "projection") are not historical facts and
may  be forward looking statements and involve estimates and uncertainties which
could  cause  actual  results  to  differ materially from those expresses in the
forward  looking  statements.  Accordingly, any such statements are qualified in
their  entirety  by  reference  to,  and  are  accompanied by, the following key
factors  that have a direct bearing on our results of operations: the absence of
contracts  with  customers  or  suppliers;  our  ability to maintain and develop
relationships  with  customers  and  suppliers;  our  ability  to  successfully
integrate  acquired businesses or new brands; the impact of competitive products
and  pricing;  supply  constraints  or  difficulties;  changes in the retail and
beauty  industries; the retention and availability of key personnel; and general
economic  and  business  conditions.

We  caution  that  the  factors  described  herein could cause actual results to
differ  materially  from  those expressed in any forward-looking statements such
that  the  investors should not place undue reliance on any such forward-looking
statements. Further, any forward-looking statement speaks only as of the date on
which  such  statement  is  made,  and  we undertake no obligation to update any
forward-looking  statement  to reflect events or circumstances after the date on
which  such  statement  is  made  or  to reflect the occurrence of unanticipated
events  or  circumstances.  Consequently,  no  forward-looking  statement can be
guaranteed.

New  factors  emerge from time to time, and it is not possible for us to predict
all  such  factors.  Further, we cannot assess the impact of each such factor on
our  results  of operations or the extent to which any factor, or combination of
factors,  may  cause actual results to differ materially from those contained in
any  forward-looking  statements.

Overview
--------

National  Beauty  Corp.,  formerly  known  as  Beautymerchant.com,  Inc.,  was
incorporated  in  Nevada in 1987. The company has primarily operated through its
wholly owned subsidiaries, Cleaning Express USA, Hair Max of Florida, Inc. f/k/a
Beauty  Works USA, Inc. and Beauty Merchant, Inc. Cleaning Express USA is a full
service  cleaning  company  offering daily residential cleaning services, carpet
cleaning  and  other  related  services  in the South Florida area. During April
2000,  the  company  began  operations  as  an  e-commerce distributor of beauty
products  under its Beauty Merchant, Inc. subsidiary and ceased these operations
in  2001.  National  Beauty currently offers beauty services and products though
its  retail  beauty  salon  in  the  South Florida area through its  Hair Max of
Florida,  Inc.  subsidiary.  National  Beauty  intends  to  operate  a  chain of
haircutting stores, located inside or next to major retailers, through Hair Max.


RESULTS  OF  OPERATIONS
-----------------------

For  the  three  and  nine  months  ended  September  30,  2002  and  2001

Net  Income/  loss

The  company had net losses of $67,584 and $343,309, or $.01 and $.09 per common
share,  for  the  three  and nine months ended September 30, 2002, respectively,
versus net losses of $22,083 and $118,995, or $.07 and $.76 for the same periods
ended  September  30,  2001.  The  change  in  net  loss was primarily due to an
increase  in  professional  services  and  salaries for officers which were paid
through  the  issuances  of  common  stock.

Sales

Revenues  decreased  $14,490,  or  11%,  to  $120,546 for the three months ended
September  30,  2002  as  compared  with  $135,036  for  the  three months ended
September  30,  2001.  However,  revenues  have  increased  $79,501,  or 24%, to
$404,852  for  the  nine months September 30, 2002 as compared with $325,351 for
the  nine  months  ended  September  30,  2001. The decrease in revenues for the
quarter  was  primarily due a decline in cleaning division sales compared to the
comparable  period  in  2001, however, our revenues for the first nine months of
year  have  increased  due to our new Hair Max salon. Average selling prices and
gross  margins  remained  fairly  constant. To distinguish the cleaning services
segment  from  beauty supply, the company generated sales of $76,662 and $43,884
during  the  three  months  ended  September  30,  2002  from  those  segments,
respectively.  The  CEO  reviewing  the  general ledger and check registers on a
timely  basis  measures  segment  performance.  Product  sales are immaterial to
beauty salon sales, taken as a whole. The company estimates that no more than 5%
of  above  mentioned  beauty  sales  is  product  related.

Expenses

Selling,  General,  and  Administrative  expenses  for the three and nine months
ended September 30, 2002 were $127,630 and $550,775 as compared with $79,405 and
$183,755  for  the  same  period  in  2001, an increase of $48,225 and $367,020,
respectively.  In  comparison  with  the  three-month period ended September 30,
2001,  consulting  and payroll increased by $44,980 due to professional services
and  salaries  for  officers in the third quarter of 2002. These were aid for by
issuing  346,000  shares  to  consultants and an officer in the third quarter of
2002. The shares were priced and recorded at 13 cents per share representing the
closing  stock  price  on  the  dates  of  issuances.

The  unrealized  loss on securities in the prior period of 2001 is a result of a
write down in the fair value of the securities during the respective periods. As
to  trading  losses,  marketable  securities include the company's investment in
equity  securities recorded at fair market value. The marketable securities were
classified  as  trading  securities  with holding gains and losses recognized in
current  period  operations.

Liquidity  and  Capital  Resources

On September 30, 2002, we had cash of $6,983 and working capital of $8,162. This
compares  with  cash  of  $11,001 and working capital of $89,140 at December 31,
2001.  The  decrease  in  working  capital  was  due  to  a decrease in cash and
expiration  of  prepaid  consulting  fees. The company has a $25,000 shareholder
loan  payable to an officer which was paid off subsequent to September 30, 2002.
The  loan  was  made to the Company to purchase assets and inventory for its new
Hair  Max solon. The loan is included in current liabilities in the accompanying
financial  statements.

Net  cash  used  in  operating  activities  was $8,022 for the nine months ended
September  30,  2002  as  compared with net cash used in operating activities of
$23,226  for the same period ended September 30, 2001. The decrease in cash used
was  primarily  attributable  to  an  increase  in net loss for the 2002 period.

Net  cash  used  in  investing  activities was $18,683 for the nine months ended
September  30,  2002  as  compared with net cash used in investing activities of
$4,395  for  the period ended September 30, 2001. The use of cash for the period
ended  September  30, 2002 and 2001 was for salon equipment expenditures in both
periods.

Net  cash  provided  by financing activities totaled $22,687 for the nine months
ended  September 30, 2002 as compared with net cash used in financing activities
of $7,807 for the nine months ended September 30, 2001. The increase in net cash
provided  by  financing  activities  was  primarily  due  to  the  proceeds of a
shareholder  loan  during  the  third  quarter  of  2002.

Subsequent to the quarter ended September 30, 2002, 30,000,000 common shares and
750  shares  of Series B 2% Preferred Stock were placed in escrow for the merger
with  Zzyzx Zzazx Zzozx, Inc. See Form 8-K previously issued in October 2002 for
details  of  this transaction. The Company has not issued any shares out of this
escrow  account  and  therefore, does not consider the shares to be outstanding.

ITEM  3.     CONTROLS  AND  PROCEDURES
--------

(a)  On September 30, 2002, we made an evaluation of our disclosure controls and
procedures.  In our opinion, the disclosure controls and procedures are adequate
because  the  systems  of  controls and procedures are designed to assure, among
other  items, that 1) recorded transactions are valid; 2) valid transactions are
recorded;  and  3)  transactions  are  recorded in the proper period in a timely
manner  to  produce  financial  statements  which  present  fairly the financial
condition, results of operations and cash flows for the respective periods being
presented.  Moreover, the evaluation did not reveal any significant deficiencies
or  material  weaknesses  in  our  disclosure  controls  and  procedures.

(b)  There have been no significant changes in our internal controls or in other
factors  that  could  significantly  affect  these  controls  since  the  last
evaluation.


PART II. OTHER INFORMATION
--------

Item 1. Legal Proceedings

None.

Item 2. Changes in Securities

On  August  19, 2002, the shareholders of 100% of National Beauty Corp.'s issued
and  outstanding  shares  of Series A convertible preferred stock authorized the
reduction  in  the number of shares of Series A convertible preferred stock from
50,000,000  to  40,000,000  in  order  to  allow  creation  of  the  Series B 2%
convertible  preferred  stock.

On  July  8,  2002,  National  Beauty issued 200,000 shares of restricted common
stock  to  American  Market  Support  for  investor  relations  services,  for
consideration  of  payment  in  full.  Exemption  from  registration  under  the
Securities  Act  of  1933 ("Act") is claimed for the sale of these securities in
reliance  upon  the  exemption offered by Section 4(2) of the Act, which exempts
transactions  by  issuers  not  involving  a  public  offering.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Submission of Matters to a Vote of Security Holders

None.

Item 5. Other Information

None.

Item 6. Exhibits and Reports on Form 8-K

 (a)  Exhibits

Exhibit
Number     Description of Exhibits
------
3(i)(a)     Articles of Incorporation of Tri-Capital Corporation, Inc.(1)
3(ii)       Bylaws of Tri-Capital Corporation, Inc.(1)
3(iii)      Articles of Amendment to the Articles of Incorporation of Tri
            Capital Corporation,  Inc. (2)
3(iv)       Certificate of Amendment to the Articles of Incorporation of
            Advanced Appearance of America, Inc. (2)
3(v)        Certificate of Amendment to the Articles of Incorporation of ATR
            Industries, Inc. (2)
3(vi)       Certificate of Amendment to the Articles of Incorporation of ATR
            Industries, Inc. (2)
3(vii)      Certificate of Amendment to the Articles of Incorporation of ATR
            Industries, Inc. (2)
3(viii)     Certificate of Amendment to the Articles of Incorporation of
            Beautymerchant.com,     Inc. (2)
3(ix)       Certificate of Amendment to the Articles of Incorporation of
            National Beauty Corp.     (2)
3(x)        Certificate of Amendment to the Articles of Incorporation of
            National Beauty Corp.     (2)
4.1         Form of Common Stock Certificate of National Beauty, Inc. (2)

(1) Previously filed with National Beauty's filing of Form 10-SB and subsequent
amendments thereto (File No. 00030212).
(2)  Previously  filed  with  National  Beauty's filing of Form SB-2 on July 10,
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.

                                   NATIONAL BEAUTY CORPORATION
                                        (Registrant)


                                        /s/ Michael J. Bongiovanni
Date:  November 14, 2002                __________________________
                                        Michael J. Bongiovanni
                                        Chief  Financial  Officer


Date:  November 14, 2002
                                       /s/  Edward  A.  Roth
                                        __________________________
                                         Edward A. Roth
                                         Chief Executive Officer