UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   Form 10-QSB

(Mark One)
              [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended: June 30, 2002
                                                 ----------------

             [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
                                  EXCHANGE ACT

                        For the transition period from to
                         Commission file number 0-17304
                                    ---------

                              CNH HOLDINGS COMPANY
    ------------------------------------------------------------------------
                     (Exact name of small business issuer as
                            specified in its charter)

            Nevada                                              11-2867201
--------------------------------------------------------------------------------
  (State or other jurisdiction                                 (IRS Employer
of incorporation or organization)                            Identification No.)

                      48 S.W. Street, Dania Beach, FL 33004
        ----------------------------------------------------------------
                    (Address of principal executive offices)

                                 (954) 450-2888
                            Issuer's telephone number


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


                      APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares  outstanding of each of the issuer's  classes of
common  equity,  as of the  latest  practical  date:  June 30,  2002  15,611,774
                                                    ----------------------------

         Transitional Small Business Disclosure Format (check one).
Yes      ;  No   X
    ----       -----


<PAGE>

                                     PART I


Item 1.  Financial Statements


                         INDEPENDENT ACCOUNTANT'S REPORT


CNH Holdings Company
(A Development Stage Company)


     We have reviewed the accompanying balance sheets of CNH Holdings Company (a
development  stage  company)  as of June 30,  2002 and  March  31,  2002 and the
related  statements of operations and cash flows for the three months ended June
30, 2002 and 2001.  These  financial  statements are the  responsibility  of the
Company's management.

     We conducted our review in accordance  with  standards  established  by the
American  Institute  of  Certified  Public  Accountants.  A  review  of  interim
financial  information consists principally of applying analytical procedures to
financial  data and making  inquiries of persons  responsible  for financial and
accounting matters. It is substantially less in scope than an audit conducted in
accordance with generally accepted auditing standards, the objective of which is
the expression of an opinion regarding the financial statement taken as a whole.
Accordingly, we do not express such an opinion.

     Based on our review,  we are not aware of any material  modifications  that
should  be made  to the  accompanying  financial  statements  for  them to be in
conformity with generally accepted accounting principles.

                                                   Respectfully submitted



                                                   /S/ ROBISON, HILL & CO
                                                   Certified Public Accountants

Salt Lake City, Utah
August 12, 2002


<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                                 BALANCE SHEETS
<TABLE>
<CAPTION>

                                                                                  June 30,           March 31,
                                                                                    2002                2002
                                                                             ------------------  ------------------
<S>                                                                          <C>                 <C>
Assets:                                                                      $                -  $                -
                                                                             ==================  ==================

Liabilities:
  Accounts Payable                                                           $              254  $              580
  Shareholder Loan                                                                        5,833               5,265
                                                                             ------------------  ------------------

  Total Liabilities                                                                       6,087               5,845
                                                                             ------------------  ------------------

Stockholders' Equity:
  Common Stock, Par value $.001
     Authorized 50,000 shares,
     Issued 15,611,774 shares at June 30, 2002 and
     March 31, 2002                                                                      15,612              15,612
  Paid-In Capital                                                                       193,735             193,735
  Retained Deficit                                                                         (400)               (400)
  Deficit Accumulated During the Development Stage                                     (215,034)           (214,792)
                                                                             ------------------  ------------------

     Total Stockholders' Equity                                                          (6,087)             (5,845)
                                                                             ------------------  ------------------

     Total Liabilities and
       Stockholders' Equity                                                  $                -  $                -
                                                                             ==================  ==================
</TABLE>




















                 See accompanying notes and accountants' report.


<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>


                                                                                                 Cumulative
                                                                                                since January
                                                                                                   1, 1992
                                                                                                  Inception
                                                          For the Three Months Ended                 of
                                                                   June 30,                      Development
                                                    --------------------------------------
                                                           2002                2001                 Stage
                                                    ------------------   -----------------    -----------------
<S>                                                 <C>                  <C>                  <C>
Revenues:                                           $                -   $               -    $               -

Expenses:                                                          242                  90              215,034
                                                    ------------------   -----------------    -----------------

     Net Loss                                       $             (242)  $             (90)   $        (215,034)
                                                    ==================   =================    =================

Basic & Diluted loss per share                      $                -   $               -
                                                    ==================   =================
</TABLE>


























                 See accompanying notes and accountants' report.


<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
<TABLE>
<CAPTION>
                                                                                                     Cumulative
                                                                                                   since January
                                                                                                      1, 1992
                                                               For the Three Months Ended           Inception of
                                                                        June 30,                    Development
                                                          -------------------------------------
                                                                2002                2001               Stage
                                                          -----------------  ------------------  ------------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
<S>                                                       <C>                <C>                 <C>
Net Loss                                                  $            (242) $              (90) $         (215,034)
Common Stock Issued for Services                                          -                   -              79,947
Increase (Decrease) in Accounts Payable                                (326)                  -                 254
Increase in Shareholder Loans                                           568                  90               5,833
                                                          -----------------  ------------------  ------------------
  Net Cash Used in operating activities                                   -                   -            (129,000)
                                                          -----------------  ------------------  ------------------

CASH FLOWS FROM INVESTING
ACTIVITIES:
Net cash provided by investing activities                                 -                   -                   -
                                                          -----------------  ------------------  ------------------

CASH FLOWS FROM FINANCING
ACTIVITIES:
Sale of common stock                                                      -                   -             129,000
Capital contributed by shareholder                                        -                   -                   -
                                                          -----------------  ------------------  ------------------
Net Cash Provided by
  Financing Activities                                                    -                   -             129,000
                                                          -----------------  ------------------  ------------------

Net (Decrease) Increase in
  Cash and Cash Equivalents                                               -                   -                   -
Cash and Cash Equivalents
  at Beginning of Period                                                  -                   -                   -
                                                          -----------------  ------------------  ------------------
Cash and Cash Equivalents
  at End of Period                                        $               -  $                -  $                -
                                                          =================  ==================  ==================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
  Interest                                                $               -  $                -  $                -
  Franchise and income taxes                              $               -  $                -  $              500
</TABLE>
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING
ACTIVITIES: None





                 See accompanying notes and accountants' report.


<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED JUNE 30, 2002

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     This summary of accounting policies for CNH Holdings Company (a development
stage company) is presented to assist in understanding  the Company's  financial
statements.  The accounting  policies conform to generally  accepted  accounting
principles  and  have  been  consistently  applied  in  the  preparation  of the
financial statements.

Interim Reporting

     The  unaudited  financial  statements as of June 30, 2002 and for the three
month period then ended reflect,  in the opinion of management,  all adjustments
(which include only normal recurring  adjustments) necessary to fairly state the
financial  position and results of operations  for the three  months.  Operating
results for interim periods are not necessarily  indicative of the results which
can be expected for full years.

Organization and Basis of Presentation

     I.S.B.C.  Corp. was  incorporated in Delaware on April 15, 1987. On January
29, 1988, I.S.B.C. Corp. completed a public offering of 800,000 units at a price
of $.50 per unit,  consisting of one share of common stock and three  redeemable
warrants. All unexercised warrants have now expired.

     On June 27, 1988, I.S.B.C.  Corp. exchanged 21,000,000 shares of its common
stock for all of the outstanding  shares of Coral Group, Inc.  Subsequent to the
exchange of stock,  I.S.B.C.  Corp.  changed its name to Coral  Companies,  Inc.
Coral Group,  Inc. was incorporated on March 12, 1984, and commenced  operations
in November  1984.  Coral Group,  Inc.'s  primary  business was the marketing of
computer  hardware  and  software,  as well as  providing  consulting  services,
installation  support,  training  programs  and  software  maintenance  for  its
customers.  Since the shareholders of Coral Group, Inc. owned  approximately 85%
of Coral Companies,  Inc.,  immediately after the exchange,  the stock exchanges
was accounted for as a reverse  acquisition  of Coral  Companies,  Inc. by Coral
Group,  Inc.  The Company,  subsequent  to the  acquisition  of the Coral Group,
changed its name to CNH Holdings Company and changed its domicile to Nevada.

     The Company previously had outstanding a class of preferred stock which was
entitled to one vote per share,  was not entitled to receive any dividends  that
may have been declared and had a liquidation  preference of $.02 per share.  The
preferred  stock was previously  converted to common stock,  and the liquidation
preference of $220,000 was reclassified from preferred  stockholders'  equity to
common stockholders' equity.

     On May 30, 1996,  the Company  effected a reverse 1 for 1,000 capital share
split.  Concurrently,  the  authorized  number of common shares was increased to
10,000,000,  $.001 par value per share and 1,000,000  preferred shares, $.01 par
value. After the split, there were 400,000 common shares outstanding.



<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED JUNE 30, 2002

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Organization and Basis of Presentation (Continued)
--------------------------------------

     On December 9, 1997, the Company  entered into a  reorganization  agreement
(DRC Reorganization Agreement) with GNC Corporation, a Nevada corporation (GNC),
and the sole  shareholder  of GNC,  that being DRC,  Inc., a Nevada  corporation
(DRC)  pursuant  to which the Company  agreed to acquire all of the  outstanding
proprietary  interest of GNC in a  share-for-share  exchange which  subsequently
resulted  in GNC  becoming a  wholly-owned  subsidiary  of the  Company  and DRC
acquiring  control of the company through its share  ownership.  The acquisition
was  rescinded  due to the  failure  of GNC  and  DRC to  deliver  the  required
financial statements.

     On June 15, 1998, the Company acquired  Southport  Environmental in a share
for share  exchange,  which  resulted in the Company  issuing  6,000,000  common
shares and 200,000 preferred shares. Concurrent with the acquisition there was a
change  in  control  and  management  of  the  company.   This  acquisition  was
subsequently  rescinded  on June 27,  2000,  by the  Federal  District  Court in
Houston,  Texas. The Court formally  rescinded the SEDI acquisition,  as well as
another  acquisition and the formation of a subsidiary,  all of which reportedly
took place in fiscal 2000. The Court also rescinded all actions of the board and
executive  officers of the Company from June 14, 1998,  through  April 19, 2000,
and put the Company in the position  which it occupied at June 14,  1998,  as if
none of the actions  which had  occurred  since that time had  transpired.  As a
result,  the Company had no assets and no  liabilities  at March 31,  2000.  The
Court also  required the return of 6,711,501  shares of common stock to treasury
by affiliates of SEDI, including 5,020,000 issued in the SEDI acquisition.

     Since January 1, 1992 the Company is in the development  stage, and has not
commenced planned principal operations.

Nature of Business

     The Company has no  products or services as of June 30,  2002.  The Company
was organized as a vehicle to seek merger or acquisition candidates. The Company
intends to acquire  interests in various  business  opportunities,  which in the
opinion of management will provide a profit to the Company.

Cash and Cash Equivalents

     For purposes of the  statement  of cash flows,  the Company  considers  all
highly liquid debt  instruments  purchased with a maturity of six months or less
to be cash equivalents to the extent the funds are not being held for investment
purposes.


<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED JUNE 30, 2002
                                   (Continued)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Pervasiveness of Estimates

     The  preparation  of financial  statements  in  conformity  with  generally
accepted  accounting  principles  required  management  to  make  estimates  and
assumptions  that  affect the  reported  amounts of assets and  liabilities  and
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period. Actual results could differ from those estimates.

Loss per Share

     The  reconciliations  of the numerators and  denominators of the basic loss
per share computations are as follows:
<TABLE>
<CAPTION>
                                                                                                     Per-Share
                                                              Income              Shares               Amount
                                                              ------              ------               ------
                                                           (Numerator)         (Denominator)

                                                                 For the Three Months Ended June 30, 2002
Basic Loss per Share
<S>                                                     <C>                          <C>         <C>
Loss to common shareholders                             $             (242)          15,611,774  $                -
                                                        ==================  ===================  ==================

                                                                 For the Three Months Ended June 30, 2001
Basic Loss per Share
Loss to common shareholders                             $              (90)          15,611,774  $                -
                                                        ==================  ===================  ==================
</TABLE>

     The effect of outstanding  common stock  equivalents would be anti-dilutive
for June 30, 2002 and 2001 and are thus not considered.

Concentration of Credit Risk

     The Company has no significant  off-balance-sheet  concentrations of credit
risk such as foreign  exchange  contracts,  options  contracts or other  foreign
hedging arrangements.

Reclassification

     Certain  reclassifications  have been made in the 2001 financial statements
to conform with the June 30, 2002 presentation.


<PAGE>

                              CNH HOLDINGS COMPANY
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                    FOR THE THREE MONTHS ENDED JUNE 30, 2002
                                   (Continued)

NOTE 2 - INCOME TAXES

     As of June 30, 2002, the Company had a net operating loss  carryforward for
income tax  reporting  purposes  of  approximately  $215,000  that may be offset
against future taxable income through 2022. Current tax laws limit the amount of
loss  available to be offset  against  future  taxable income when a substantial
change in ownership  occurs.  Therefore,  the amount  available to offset future
taxable income may be limited. No tax benefit has been reported in the financial
statements,  because the Company  believes  there is a 50% or greater chance the
carry-forwards  will expire unused.  Accordingly,  the potential tax benefits of
the loss carry-forwards are offset by a valuation allowance of the same amount

NOTE 3 - DEVELOPMENT STAGE COMPANY

     The  Company  has not begun  principal  operations  and as is common with a
development  stage  company,  the Company has had  recurring  losses  during its
development  stage.  Continuation of the Company as a going concern is dependent
upon obtaining the additional  working capital necessary to be successful in its
planned  activity,  and the  management of the Company has developed a strategy,
which it believes will  accomplish  this  objective  through  additional  equity
funding  and long term  financing,  which will enable the Company to operate for
the coming year.

NOTE 4 - COMMITMENTS

     As of June 30, 2002 all  activities  of the Company have been  conducted by
corporate officers from either their homes or business offices. Currently, there
are no outstanding debts owed by the company for the use of these facilities and
there are no commitments for future use of the facilities.

NOTE 5 - STOCK ISSUANCE

     On March 31, 2001 the Board of Directors  issued  640,000  shares of common
stock for services rendered, valued at $.001 per share.















<PAGE>



Item 2.  Management's Discussion and Analysis or Plan of Operation


     The  following  discussion  has been  prepared  assuming  the Company  will
continue  as a going  concern;  however,  the  audit  report  for the  financial
statements as of and for the periods ended March 31, 2002,  includes a caveat on
this point. In reading the following, one should first consult the audit report,
financial  statements  and  footnotes,  while  keeping  in mind the  significant
operating  losses  generated  by the  Company on a  consolidated  basis with its
subsidiaries.

     CNH Holdings Company, a Nevada corporation (the Company),  was incorporated
in Delaware on April 15,  1987,  under the name of  I.S.B.C.  Corp.  The Company
subsequently  changed its name first to Coral  Companies,  Inc., and then to CNH
Holdings Company.  Domicile was changed to Nevada in 1997. The Company conducted
an initial public and secondary offerings during the 1980s.

     On  June  15,  1998,  the  Company  acquired  Southport  Environmental  and
Development,  Inc. This  acquisition,  however,  was  subsequently  rescinded by
agreement  between the parties and made a formal order of court  effective April
19, 2000.  This order put the Company in the position  which it occupied at June
14, 1998,  as if none of the actions  which had  occurred  from that time to the
date of rescission had transpired. As a result, the Company has no assets and no
liabilities.

Results of Operations

     The Company had no revenues,  operating or otherwise, from 1991 through the
fiscal year ended March 31, 2002, nor through the current period, as a result of
the  rescission  discussed  above under Item 1.  Correspondingly,  all  expenses
during these periods were administrative in nature and immaterial in amount.

Capital Resources and Liquidity

     The Company had no  liquidity  sources  from fiscal 1990 through the fiscal
year ended  March 31,  2002,  nor through  the  current  period,  other than the
extension of credit from officers, directors and creditors.

                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

None.

ITEM 2.  CHANGES IN SECURITIES

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None/Not Applicable.




<PAGE>



ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

None/Not Applicable.

ITEM 5.  OTHER INFORMATION

None.


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a) EXHIBITS

     The  following  documents  are  filed  herewith  or have been  included  as
     exhibits to  previous  filings  with the  Commission  and are  incorporated
     herein by this reference:

     Exhibit No. Exhibit

     *3 Articles of Incorporation

     *3.2 Bylaws

     *3.1 Amended Articles of Incorporation

      99.1 CEO Certification

      99.2 CFO Certification

     (b)  Reports on Form 8-K.  No  reports  on Form 8-K were  filed  during the
period covered by this Form 10-QSB.

*        Incorporated herein by reference from Registrant's Form 10SB12G,
         Registration Statement, dated February 16, 2000.





















<PAGE>


                                   SIGNATURES

     In accordance  with the  requirements  of the Exchange Act, the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                              CNH Holdings Company
                                   Registrant


DATE:August 12, 2002               By: /s/ Charles Stidham
--------------------                   -----------------------
                                       Charles Stidham, Chief Executive Officer,
                                       Chief Accounting Officer and Treasurer