Form 10-Q

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

Quarterly Report Under Section 13 or 15(d)                                     
       of the Securities Exchange Act of 1934

For Quarter Ended:            March 31, 1998

Commission file number:       33-20720-LA                                  

ZENITH VENTURES CORPORATION                      
 

Delaware                                           77-0181849               
(State or other jurisdiction of                   (I.R.S. Employer
incorporation or organization)                 Identification Number)

20862 Sarahills Drive,   Saratoga,   California   95129         
(Address of principal executive offices)          (Zip Code)

(408) 867-4407                                           
(Registrant's telephone number, including area code)
____________________________________________________________________
(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 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______. 

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE  
PRECEDING FIVE YEARS

	Indicate by check mark whether the registrant has filed all documents and 
reports required to be filed by Sections 12, 13, or 15(d) of the Securities 
Exchange Act of 1934 subsequent to the distribution of securities under a plan 
confirmed by a court.    Yes__X__.  No_____.

APPLICABLE ONLY TO CORPORATE ISSUERS:

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

5,010,000 shares of common stock, $.001 par value.




PART II -  FINANCIAL INFORMATION
ZENITH VENTURES CORPORATION
			
CONSOLIDATED BALANCE SHEET
			
                                       				As of		
			
			                             	March 31, 1998       		March 31, 1997
			
Total Cash	                  				8,645                		13,551 
			
Securities at market			          18,000 		              18,000 
                            					---------------       	-----------
Total current assets		          	26,645               		31,551 
			
  Other assets						                                   	513 
Total fixed assets		            	8,084 	               	7,571 
			
Total assets		                 		34,729 	              	39,635 
			
LIABILITIES AND SHAREHOLDERS' EQUITY			
			
  Accounts Payable and			
  accrued expenses	            	610,579 	              	539,612 
			
Shareholders' equity			
			
  Common Stock, 
    at $0.001 par value        	5,000                 		5,000 
  Additional paid in capital		  503,600               		503,600 
  Class A & B Warrants		       	1,000                 		1,000 
  Accumulated deficit	        		(1,085,450)           		(1,009,576)
			
  Total shareholders' equity	  	(575,850)	             	(499,976)
			
Liabilities and 
  shareholders' equity           34,729 	               	39,636 
				
Prepared without audit			
See accompanying notes to financial statements
			
                                                          


                     ZENITH VENTURES CORPORATION			
			             CONSOLIDATED STATEMENT OF OPERATIONS			
			
                                 						For the Period ended
			
     			                          			March 31, 1998         	March 31, 1997
			
General & administrative expense	    15,040                		28,333 
			
Total operating expense		           	15,040                		28,333 
			
Net operating income (loss)	        	(15,040)	              	(28,333)
			
Interest income		                                        				150 
			
Net income (loss) before taxes		      (15,040)		              (28,183)
			
Net income (loss) per common share   	(0.003)               		(0.006)
			
Average number of common			
  shares outstanding		               	5,010,000 	            	5,010,000 
			
			
			
Prepared without audit			
			
See accompanying notes to financial statements				


                                                                      

                          ZENITH VENTURES CORPORATION			
			
                        CONSOLIDATED STATEMENT OF CASH FLOW				

                             	           For the Period ended		

                               						March 31, 1998           	March 31, 1997
			
Increase (decrease) in cash 			
			
Net income (loss) for the period	    (15,040)	                 (28,183)
			
Changes in assets and liabilities			
			
Accounts receivable		                                        			654,922 
Accounts payable		                   	15,032                   	(635,849)
			
Net cash used for operations	        	(8)	                     	(9,110)
			
Net increase (decrease) in cash	      (8)	                     	(9,110)
			
Cash at beginning of period	         	8,653                     	22,661 
			
Cash at end of period	               	8,645                     	13,551 
			
			
Prepared without audit			
			
See accompanying notes to financial statements	

		
ZENITH VENTURES CORPORATION

NOTES TO FINANCIAL STATEMENTS


Note 1.  -     The Company and its significant accounting policies:

	Zenith Ventures Corporation ("Zenith" or the "Company") is a Delaware 
corporation formed on February 16, 1988.  On February 14, 1989 the Company 
acquired all shares of the outstanding common stock (all of the issued and 
outstanding shares) of Epic Industries Inc. ("Epic"), a Delaware corporation.  
In exchanges, shareholders of Epic received 3,200,000 shares of the 
Company's common stock.

Epic, incorporated in February 1989, is a corporation which currently has 
rights to operate two businesses or to receive payments therefrom.  (See
 management's discussion of the business.)


Cash equivalent -

	The Company considers all highly liquid securities, or debt instruments 
with a maturity of three months or less, to be cash equivalents.


Income Taxes -

	Provision for income taxes is based on results of operations as reported 
in the financial statements.  The Company had net operating loss carry forwards 
at March 31, 1998 which may be utilized to reduce future taxable income.  No 
asset was recorded for the potential future tax benefit of this loss due to its 
realization not being assured.


Earnings per share -

	Earnings (loss) per share are based on the weighted average number of 
shares outstanding during each period.


Note 2. -  Related party transactions

	During the period from inception through March 31, 1998, the Company 
occupied office space and received management, secretarial, and administrative 
services from various officer/shareholders at no cost to the Company. 


Note 3.  -  Notes receivable:

	
	The Company had an Agreement for sale of rights to market software 
products outside the U.S. and the U.K. These were shown on previous balance 
sheets as receivables in current assets with a corresponding reserve in current 
liabilities.  The Company has elected to remove  related entries from the 
current balance sheet.
   

Note 4. -  Capital Stock

	The Company has one class of common stock with $.001 par value.  There are 
50,000,000 shares authorized with 5,010,000 shares outstanding.  

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

	The Company has developed certain computer software products intended for 
secure data management and is currently engaged in efforts to market these.  
These products were  embedded into software of the largest commercial intranet 
currently being deployed in Asia.

Management also spends a portion of its time seeking additional business 
opportunities for the Company. 

 .
PART II - OTHER INFORMATION 

Item 1.   Legal Proceedings.  The Company has brought suit against certain 
foreign citizens for return of equity in a subsidiary.  It has also filed suit 
against a former marketing representative of that company for breach of 
contract and attempted theft of intellectual property.  It has also prepared
a suit against a former vice president and director for breach of fiduciary 
duty and attempted usurpation of a corporate opportunity.

Item 2.   Changes in Securities.   There have been no changes in securities of
the Company during the period.



SIGNATURES

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


/s/ George H. Didinger        
GEORGE H. DIDINGER, President      



Date: May 1, 1998             	/s/ George H. Didinger               
                               GEORGE H. DIDINGER, President and Director/