FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

(Mark One)

[X]      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
         EXCHANGE ACT OF 1934
         For the quarterly period ended September 30, 2002

OR

[ ]      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     000-26653
                           --------------

                        BAYNON INTERNATIONAL CORPORATION
        ----------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

              Nevada                                      88-0285718
            -----------                                 ----------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)

            266 Cedar Street,                                    07009
            Cedar Grove, New Jersey
  (Address of principal executive offices)                      (Zip Code)

                                 (973) 239-2952
              (Registrant's telephone number, including area code)

                                 Not applicable
                              --------------------
              (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), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X   No __

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

Class    Common Stock, $0.001 par value
Outstanding at September 30, 2002:          17,532,692



                                        1

<PAGE>



                        BAYNON INTERNATIONAL CORPORATION

Index                                                                   Page No.


Part I     Financial Information

Item 1     Financial Statements:

           Balance Sheets - September 30, 2002, and December 31, 2001         3

           Statements of Operations - For the Three and Nine Months
           Ended September 30, 2002 and 2001                                  4

           Statements of Cash Flows - For the Nine Months Ended
           September 30, 2002 and 2001                                        5

           Notes to Financial Statements                                      6

Item 2     Management's Discussion and Analysis of  Financial Condition
           and Results of Operations                                          8

Item 3     Controls and Procedures

Part II    Other Information

Item 1     Legal Proceedings                                                  9

Item 2     Changes in Securities and Use of Proceeds                          9

Item 3     Defaults Upon Senior Securities                                    9

Item 4     Submission of Matters to a Vote of Security Holders                9

Item 5     Other Information                                                  9

Item 6     Exhibits and Reports on Form 8-K                                   9






                                        2

<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

     BALANCE SHEETS

<TABLE>
<CAPTION>
                                                                                           September 30,        December 31,
ASSETS                                                                                   2002                        2001
                                                                                    ----------------            ---------------
                                                                                      (Unaudited)                 (Audited)

Current Assets:
<S>                                                                                 <C>                         <C>
  Cash and cash equivalents                                                         $        59,270             $       16,945
                                                                                    ----------------            ---------------
        Total Current Assets                                                                 59,270                     16,945
                                                                                    ----------------            ---------------

Total Assets                                                                        $        59,270             $       16,945
                                                                                    ================            ===============



LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
  Accounts payable and accrued
    expenses                                                                        $         4,216             $        7,828
                                                                                    ----------------            ---------------
        Total Current Liabilities                                                             4,216                      7,828
                                                                                    ----------------            ---------------

Total Liabilities                                                                             4,216                      7,828
                                                                                    ----------------            ---------------

Stockholders' Equity:
  Common stock, $.001 par value, 50,000,000 shares authorized, 17,532,692 and
    10,532,652 shares issued and outstanding at September 30, 2002 and
    December 31, 2001, respectively                                                          17,533                     10,533
  Additional paid-in capital                                                                104,000                     53,000
  Retained earnings (deficit)                                                               (66,479)                   (54,416)
                                                                                    ----------------            ---------------
        Total Stockholders' Equity                                                           55,054                      9,117
                                                                                    ----------------            ---------------

Total Liabilities and Stockholders' Equity                                          $        59,270             $       16,945
                                                                                    ================            ===============

--------------------
</TABLE>

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

                                       3


<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

                            STATEMENTS OF OPERATIONS
                                   (UNAUDITED)




<TABLE>
<CAPTION>
                                                   For the Three Months Ended                 For the Nine Months Ended
                                                         September 30,                              September 30,
                                                   2002                 2001                  2002                 2001
                                               --------------       --------------        --------------       --------------

<S>                                            <C>                  <C>                   <C>                  <C>
Revenues                                       $        -           $        -            $        -           $        -

Cost of Revenues                                        -                    -                     -                    -
                                               --------------       --------------        --------------       --------------

Gross Profit                                            -                    -                     -                    -
                                               --------------       --------------        --------------       --------------

Other Costs:
  General and administrative expenses                  2,842                3,265                13,818               10,471
                                               --------------       --------------        --------------       --------------
        Total Other Costs                              2,842                3,265                13,818               10,471

Other Income and Expense:
  Interest income                                        646                  266                 1,755                1,071
                                               --------------       --------------        --------------       --------------

Net Loss before Income Taxes                          (2,196)              (2,999)              (12,063)              (9,400)

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

Net Loss                                       $      (2,196)       $      (2,999)        $     (12,063)       $      (9,400)
                                               ==============       ==============        ==============       ==============


Earnings (Loss) Per Share:
  Basic and diluted earnings (loss) per
    common share                               $         -          $         -           $         -          $         -
                                               ==============       ==============        ==============       ==============

  Basic and diluted weighted average
    common shares outstanding                     17,532,692           10,532,692            16,614,173           10,532,692
                                               ==============       ==============        ==============       ==============




--------------------
</TABLE>

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


                                       4


<PAGE>

                        BAYNON INTERNATIONAL CORPORATION

                            STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)




<TABLE>
<CAPTION>
                                                                                                For the Nine Months Ended
                                                                                                       September 30,
                                                                                              2002                     2001
                                                                                           ------------             ------------

Cash Flows from Operating Activities:
<S>                                                                                        <C>                      <C>
  Net loss                                                                                 $   (12,063)             $    (9,400)

  Adjustments to reconcile net loss to net cash used in operating activities:
      Decrease in accounts payable
        and accrued expenses                                                                    (3,612)                 (11,315)
                                                                                           ------------             ------------

          Net cash used in operating activities                                                (15,675)                 (20,715)
                                                                                           ------------             ------------

Cash Flows from Investing Activities                                                            -                        -
                                                                                           ------------             ------------

Cash Flows from Financing Activities:
  Issuance of common stock                                                                      58,000                   -
                                                                                           ------------             ------------

          Net cash provided by financing
            activities                                                                          58,000                   -
                                                                                           ------------             ------------

Net Increase (Decrease) in Cash and Cash Equivalents                                            42,325                  (20,715)

Cash and Cash Equivalents, beginning of period                                                  16,945                   42,208
                                                                                           ------------             ------------

Cash and Cash Equivalents, end of period                                                      $ 59,270              $    21,493
                                                                                           ============             ============


Supplemental Disclosures of Cash Flow Information:
  Cash paid during the period for:
    Interest                                                                               $       -                $       -
                                                                                           ============             ============
    Income taxes                                                                           $       -                $       -
                                                                                           ============             ============

--------------------
</TABLE>

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


                                       5

<PAGE>


                        BAYNON INTERNATIONAL CORPORATION
                          NOTES TO FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2002
                                   (Continued)



1.  THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company

Baynon International Corporation (formerly known as Technology Associates
Corporation and hereinafter referred to as the "Company"), was originally
incorporated on February 29, 1968 under the laws of the Commonwealth of
Massachusetts to engage in any lawful corporate undertaking. On December 28,
1989, the Company reincorporated under the laws of the State of Nevada. The
Company was formerly engaged in the technology marketing business and its
securities traded on the National Association of Securities Dealers OTC Bulletin
Board. The Company has not engaged in any business operations for at least the
last two years and has no operations to date.

The Company will attempt to identify and negotiate with a business target for
the merger of that entity with and into the Company. In certain instances, a
target company may wish to become a subsidiary of the Company or may wish to
contribute assets to the Company rather than merge. No assurances can be given
that the Company will be successful in identifying or negotiating with any
target company. The Company provides a means for a foreign or domestic private
company to become a reporting (public) company whose securities would be
qualified for trading in the United States secondary market.

Earnings (Loss) Per Share

As of December 31, 1997, the FASB issued Statement No. 128, "Earnings Per Share"
(SFAS 128) replacing the calculation of primary and fully diluted earnings per
share with Basic and Diluted earnings per share. Unlike primary earning per
share, basic earnings per share excludes the dilutive effects of options,
warrants and convertible securities and thus is computed by dividing income
available to common stockholders by the weighted average number of common shares
outstanding. Diluted earnings per share is similar to the previously fully
diluted earnings per share. Diluted earnings per share reflects the potential
dilution that could occur if securities or other agreements to issue common
stock were exercised or converted into common stock. Diluted earnings per share
is computed based upon the weighted average number of common shares and dilutive
common equivalent shares outstanding

Impairment of Long-Lived Assets

The Company adopted Statement of Financial Accounting Standards No. 144 (SFAS
144), "Accounting for the Impairment or Disposal of Long-Lived Assets," which is
effective for fiscal years beginning after December 15, 2001. SFAS 144
supersedes SFAS 121, "Accounting for the Impairment of Long-Lived Assets and for
Long-Lived Assets to be Disposed of". The primary objectives of SFAS 144 are to
develop one accounting model based on the framework established in SFAS 121 for
long-lived assets to be disposed of by sale, and to address significant
implementation issues. The adoption of SFAS 144 had no impact on the Company's
financial condition or results of operations.

2.  INTERIM PRESENTATION

The December 31, 2001 balance sheet data was derived from audited financial
statements but does not include all disclosures required by generally accepted
accounting principles. In the opinion of management, the accompanying unaudited
financial statements contain all normal and recurring adjustments necessary to
present fairly the financial position of the Company as of September 30, 2002
its results of operations for the three months and nine months

                                        6

<PAGE>


                        BAYNON INTERNATIONAL CORPORATION
                          NOTES TO FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2002
                                   (Continued)

ended September 30, 2002 and 2001, and its cash flows for the nine months ended
September 30, 2002 and 2001.

The statements of operations for the three months and nine months ended
September 30, 2002 and 2001 are not necessarily indicative of results for the
full year.

While the Company believes that the disclosures presented are adequate to make
the information not misleading, these financial statements should be read in
conjunction with the financial statements and accompanying notes included in the
Company's Annual Report on Form 10-KSB for the year ended December 31, 2001.

3.  STOCKHOLDERS' EQUITY

On January 8, 2002 the Company issued 4,000,000 shares of common stock, $.001
par value and received net proceeds of $28,000. These shares were sold in a
private placement without registration under Rule 506 of Regulation D and
pursuant to exemptions contained in the Securities Act of 1933

On March 12, 2002 the Company issued 3,000,000 shares of common stock, $.001 par
value and received proceeds of $30,000. These shares were sold in a private
placement without registration under Rule 506 of Regulation D and pursuant to
exemptions contained in the Securities Act. In connection with this sale the
Company agreed to the following: (a) the Company would not issue any additional
common stock, preferred stock or any warrants, rights or any securities
convertible into common stock without the prior written consent of this
investor; (b) the Company would reimburse this investor up to $1,000 for
expenses incurred while conducting its due diligence investigation prior to this
purchase; (c) this investor will be entitled to name an individual to the Board
of Directors, as long as it owns at least eight percent (8%) of the issued and
outstanding common stock of the Company, and (d) the Company will retain a
securities counsel as specified by the investor. Pursuant to this agreement, the
President of this investor was appointed a director of the Company.


















                                        7

<PAGE>



Item 2.  Management's Discussion and Analysis of Financial Condition and
         Results of Operations

Liquidity and Capital Resources

         Liquidity and Capital Resources

         At September 30, 2002, the Company had a cash balance of $59,270, which
represents a $42,325 increase from the $16,945 balance at December 31, 2001.
This $46,627 increase arises from cash provided by financing activities of
$58,000, net of cash used in operations of $15,675. The Company's working
capital position at September 30, 2002, was $55,054 as compared to its position
at December 31, 2001, of $9,117.

         The focus of the Company's efforts is to acquire or develop an
operating business. Despite no active operations at this time, management
intends to continue in business and has no intention to liquidate the Company.
The Company has considered various business alternatives including the possible
acquisition of an existing business, but to date has found possible
opportunities unsuitable or excessively priced. The Company does not contemplate
limiting the scope of its search to any particular industry. Management has
considered the risk of possible opportunities as well as their potential
rewards. Management has invested time evaluating several proposals for possible
acquisition or combination, however, none of these opportunities were pursued.

         The Company presently owns no real property and at this time has no
intention of acquiring any such property.

Results of Operations

Three and Six Months Ended September 30, 2002,  compared to Three and Six Months
Ended September 30, 2001

Net income (loss)

         Net loss for the three and six months ended September 30, 2002, were
$2,196 and $12,063, respectively, compared with $2,999 and $9,400, respectively,
for the comparable periods in 2001. The decrease in net loss of $803 for the
three months ended September 30, 2002, compared to the same period in 2001 was
primarily due top increased interest income earned on significantly higher cash
balances. The increased loss of $2,663 for the nine months ended September 30,
2002, compared to the comparable period in 2001 was due to increased fees to
meet public filing requirements (see general and administrative expense).

Item 3.  Controls and Procedures

Evaluation of Disclosure Controls and Procedures. Our Chief Executive Officer
and Chief Financial Officer have reviewed and evaluated the effectiveness of our
disclosure controls and procedures (as defined in Exchange Act Rules
240.13a-14(c) and 15d-14(c)) as of a date within 90 days before the filing date
of this quarterly report. Based on that evaluation, they have concluded that our
current disclosure controls and procedures are effective in providing the
material information required to be disclosed in the reports we file or submit
under the Exchange Act.

Changes in Internal Controls. There have been no significant changes in our
internal controls or in other factors that could significantly affect internal
controls subsequent to the date we carried out this evaluation.


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<PAGE>



                        BAYNON INTERNATIONAL CORPORATION


PART II.          Other Information


Item 1.           Legal Proceedings

                  Not Applicable.

Item 2.  Change in Securities and Use of Proceeds

                  Not Applicable.

Item 3.  Defaults Upon Senior Securities

                  Not Applicable.

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

                  Not Applicable.

Item 5.  Other Information

                  Not Applicable.

Item 6.  Exhibits and Reports on Form 8-K

                  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.



                                   BAYNON INTERNATIONAL CORPORATION
                                   Registrant


Date: November 14, 2002            By: /s/ Pasquale Catizone
                                      ------------------------------------------
                                      Pasquale Catizone, President and Chairman
                                      (on behalf of the registrant)




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