U.S. 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 September 30, 1999

     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 01-8929


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
     ________________________________________________________
(Exact name of small business issuer as specified in its charter)

Nevada                                                 13-3432594
(State or other jurisdiction of                  (I.R.S. Employer
incorporation or organization)                Identification No.)


            1408 Pawnee Drive, Las Vegas, Nevada 89102
             (Address of principal executive offices)

                          (888) 355-8805
         (Issuer's telephone number, including area code)


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



  Securities registered under Section 12(b) of the Exchange Act:

                                   Name of Each Exchange
     Title of Each Class           on Which Registered



  Securities registered under Section 12(g) of the Exchange Act:

                           Common Stock
                    -------------------------
                         (Title of Class)


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 __   No  X

The aggregate number of shares outstanding of the Issuer's Common
Stock, its sole class of common equity, was 2,553,827 as of
September 30, 1999 (after giving effect to the 1-for-10 reverse
instituted on March 4, 1999.


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                           FORM 10-QSB

             for the quarter ended September 30, 1999


                        TABLE OF CONTENTS


Part I.   Financial Information
-------
Item 1.   Financial Statements (unaudited)

Item 2.   Managements Discussion and Analysis or Plan of
          Operation


Part II.  Other Information
--------
Item 1.   Legal Proceedings

Item 2.   Changes in Securities

Item 3.   Defaults upon Senior Securities

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

Item 5.   Other Information

Item 6.   Exhibits and reports on form 8-K

          SIGNATURES

<PAGE>

                              PART I


ITEM 1.  FINANCIAL STATEMENTS


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
                    CONSOLIDATED BALANCE SHEET
                        SEPTEMBER 30, 1999

                              ASSETS

                                         Sept 30,   December 31,
                                           1999        1998

Current Assets
 Cash                                    $     721         721
 Accounts Receivable                             0           0
 Other Receivable                                0           0
 Inventories                                     0           0
 Pre-paid expenses                               0           0

     Total Current Assets                $     721         721

Fixed Assets                                     0           0
 Less Accumulated Depreciation                   0           0

     Total Fixed Assets                          0         721

     Total Assets                              721         721
                                             -----      ------


                           LIABILITIES

Current Liabilities
 Accounts Payable                         $ 20,354  $  20,354
 Litigation Reserve Payable                      0          0
 Due to Related Party                       81,166     53,956
                                           -------   --------
     Total Current Liabilities            $101,520     74,310

Long-Term Liabilities                            0          0
                                         ---------  ---------
     Total Long-Term Liabilities                 0          0

Stockholders' Deficit
 Common Stock, $.001 par value,
  authorized 50,000,000 shares,
  issued and outstanding
  2,553,827 in 1998 and 1999                25,538     25,538
 Additional Paid-In Capital              7,777,260  7,777,260
 Accumulated Deficit During
   The Development Stage                (7,902,100)(7,876,387)
                                         ---------  ---------
     Total Stockholders' deficit        (   99,302)(   73,589)
                                         ---------  ---------
     Total Liabilities and Equity              721        721
                                         =========  =========

<PAGE>


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
                     STATEMENTS OF OPERATIONS
                    FOR THE NINE MONTHS ENDED
           SEPTEMBER 30, 1999 AND FOR THE ANNUAL PERIOD
                     ENDING DECEMBER 31, 1998


                                  9 Months
                                  Ended                Annual to
                                  September            December
                                  30, 1999             31, 1998
Revenues
  Sales                           $      0            $        0

Operating Expenses:
  General and Administrative        25,713                32,753
                                  --------             ---------
     Total Expenses                 25,713                32,753
                                  --------             ---------

Other Expenses:                          0                     0

Net (loss)/Income                  (25,713)              (32,753)

Earnings per Common Share:
(Loss) from Operations Before
 Extraordinary items                 (0.01)                (0.01)

Weighted-Average Number of Common
 shares Outstanding Used in Basic
 Earnings-per-Share calculation   2,553,827            2,553,827

<PAGE>

           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
                     STATEMENT OF CASH FLOWS
                    FOR THE NINE MONTHS ENDED
           SEPTEMBER 30, 1999 AND FOR THE ANNUAL PERIOD
                     ENDING DECEMBER 31, 1998


                                  9 Months
                                  Ended                Annual to
                                  September            December
                                  30, 1999             31, 1998

Operating Activities:
  Net Loss                        $(25,713)            $ (32,753)

Adjustments to Reconcile Net
  Net Loss to Cash Used in
  Operating Activities

  Increase (Decrease) in:
   Accounts payable                      0                 5,753
   Due to related party             25,713                27,000
   Extraordinary item-litigation         0                     0
                                    ------                ------
Cash Used in Operating Activities        0                     0

   Net Increase/(Decrease) in Cash       0                     0

   Beginning Cash                      721                   721
                                    ------                ------
   Ending Cash                         721                   721
                                    ======                ======

<PAGE>

<TABLE>
           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
          STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
                     FOR THE YEAR ENDED 1998
             AND THE QUARTER ENDED SEPTEMBER 30, 1999



<S>               <C>       <C>      <C>         <C>           <C>
                    Common Stock       APIC       Accumulated  Stockholder
                  Shares    Amount    Amount       (Deficit)    (Deficit)
                  -------------------------------------------------------

Balance December
31, 1998          2,553,827 $25,538  $7,777,260  $(7,876,387)  $ (73,589)

  Net loss
  through third                                   (   25,713)    (25,713)
  quarter
                  --------- -------   ---------    ---------      ------
Balance at
 Sept 30, 1999    2,553,827  25,538  7,777,260    (7,902,100)    (99,302)


</TABLE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
         FINANCIAL CONDITION AND RESULTS OF OPERATIONS

THE COMPANY

Background.  Israel Semiconductor Corporation, as of March 31,
1999, had fully liquidated its only subsidiary and asset, GAD
Semiconductors, and was actively seeking new business ventures.

Business Development.  The company commenced its earlier
activities In September 1993, by committing to invest in shares
of a newly founded Israeli development stage company, GAD
Semiconductors, Ltd. ("GAD"), specializing in gallium arsenide
applications, initially in the specialty diodes area.  Together
with the initial investment, this aggregated to approximately
$3,400,000.  All subsequent advances were in the form of loans.

Capital Resources and Liquidity.  The Company, by close of the
second quarter of 1997, had sustained a negative cash flow since
the beginning of activities in 1994.  The Company raised
$1,538,125 during 1995 in various private placements; and
$939,786 in 1996 by the sale of 1,308,667 shares in private
placements and an S-8 registration.

During the fourth quarter of 1996, and the first quarter, 1997,
the Company borrowed $399,273.94 from Tweed Investments, Ltd.,
which was in the form of a convertible note, with a conversion
rate at market during the succeeding 12 months, and $100,000 from
Karlin Investments, convertible at 75% of then-existing market
prices on date of conversion.  An additional $100,000 was
borrowed from Karlin Investments during the second quarter, 1997.
Tweed converted the sum of all of its loans into equity during
the fourth quarter of 1997, in exchange for 11,300,000 shares.
This was accounted for as a payment of $110,625 in the then-
current value of the stock and an extraordinary gain of $323,466
on the amount of debt, in excess of stock value, cancelled by the
Company.  All loans of Tweed and Karlin were converted to equity.

No activity took place during the entirety of 1998, other than an
ongoing expense for general and administrative costs, which was
assessed during the fourth quarter and therefore first occurs on
the annual statement for 1998.

During this third quarter of 1999, the Company engaged in
discussions with potential merger partners, none of which came to
fruition, although interest was shown in the sanitary food
testing arena, which ultimately led to the proposed merger with
SemcoLabs of Florida in the fourth quarter of 1999.  The reverse,
1 new share for 10 existing shares, was completed during the
first quarter of 1999 (March 4).  No activity took place during
this second quarter.



                   PART II.  OTHER INFORMATION


ITEM 1.   LEGAL PROCEEDINGS

          None


ITEM 2.   CHANGES IN SECURITIES

          On March 4, 1999, all existing securities were reduced
          by a factor of 10, effective with an amendment to the
          Company's articles of incorporation on that date.


ITEM 3.   DEFAULT 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

          None



                            SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of
1934, Registrant has duly caused this Report to be signed on its
behalf by the undersigned, thereunto duly authorized.


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                           (Registrant)



Dated:  November 8, 2000          By:   /s/  Robert M. Terry
                                             Robert M. Terry,
                                             Chairman