U.S. SECURITIES AND EXCHANGE COMMISSION
                                  Washington, D.C. 20549

                                        FORM 10-QSB


(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: 00010260507


                                 CRT CORPORATION
             (Exact name of Company as specified in its charter)


  Nevada                                                    95-4643533
(State or jurisdiction of incorporation               ( I.R.S. Employer
            or organization)                         Identification No.)

8635 W. Sahara #433, Las Vegas, Nevada                    89119
(Address of principal executive offices)                (Zip Code)


                 Company's telephone number:  (702) 940-0080

     Securities registered pursuant to Section 12(b) of the Act: None

     Securities registered pursuant to Section 12(g) of the Act: None

     Indicate by check mark whether the Company (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 Company was required to file such reports),
and (2) been subject to such filing requirements for the past 90 days.
Yes           No    X     .

     As of September 30, 2002, the Company had 4,453,628 shares of
common stock issued and outstanding.

                               TABLE OF CONTENTS

                                                                 PAGE

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

         CONSOLIDATED BALANCE SHEETS
        AS OF SEPTEMBER 30, 2002 AND JUNE 30, 2002                  3

        CONSOLIDATED STATEMENT OF OPERATIONS
        FOR THE THREE MONTHS ENDED
        SEPTEMBER 30, 2002 AND SEPTEMBER 30, 2001                   4

        CONSOLIDATED STATEMENT OF CASH FLOWS
        FOR THE THREE MONTHS ENDED
        SEPTEMBER 30, 2002 AND SEPTEMBER 30, 2001                   5

     NOTES TO FINANCIAL STATEMENTS                                  6

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS                                 9

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES
ABOUT MARKET RISK                                                  10

ITEM 4.  CONTROLS AND PROCEDURES                                   10

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS                                         10

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS                 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

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K                          11

SIGNATURE                                                          12

PART I.

ITEM 1.  FINANCIAL STATEMENTS.

                                 CRT Corporation
                                 Balance Sheet
                                    UNAUDITED

                                            September 30        June 30
                                               2002              2002
ASSETS

CURRENT ASSETS
Cash and cash equivalents                   $        0       $     66,261
Accounts Receivable                                  0             18,396
Inventories                                          0             78,250

  Total0 current assets                              0            162,907

FIXED ASSETS
Computers                                       18,841             18,841
Furniture and Equipment                         12,129             12,129
Accumulated Depreciation                       (18,710)           (16,160)
Total fixed assets                              12,260             14,652

Total Assets                                    12,260            177,469

                      LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts Payable                                     0             64,071
Total Current Liabilities                            0             64,071

Long Term Debt                                       0                  0

Total Long Term Debt                                 0                  0
Total liabilities                                    0             64,071

SHAREHOLDERS' EQUITY
Common shares, $.001 per value, 25,000,000
shares authorized                                4,454              7,361
Issued and outstanding as of Sept. 30
and June 30 2002 respectively
4,453,628 and 7,360,884 shares
Paid-in capital                               149,937             145,026
Retained Earnings                            (142,131)           ( 38,989)

Total shareholders' equity                     12,260             113,398

Total Liabilities & Equity                     12,260             177,469

The accompanying notes are an integral part of these financial statements

                                   CRT Corporation
                                Statement of Operations
                                        UNAUDITED

                                                September 30     September 30
                                                    2002              2001

REVENUES:                                                 0                0

Total Revenues                                            0                0

OPERATING COSTS AND EXPENSES:
General and administrative expenses                 100,592              234
Accumulated Depreciation                              2,550                0
Total operating expenses                            103,142              234

Income (Loss) from operations                      (103,142)            (234)

TOTAL NET LOSS:                                    (103,142)            (234)

Dilutive net loss per common share based upon         (.023)              NIL
4,453,628 and 7,360,884 shares issued and
outstanding as of Sept. 30 2002 and 2001 respectively.

The accompanying notes are an integral part of these financial statements

                                  CRT Corporation
                               Statement of Cash Flows
                                       UNAUDITED
                                                September 30     September 30
                                                    2002              2001
OPERATING ACTIVITIES
Net Income (loss)                                    (103,142)          (234)
Cash (used in) provided by operating activities
Depreciation                                            2,550              0
Changes in operating assets and liabilities:
Accounts receivable                                         0              0
Inventories                                                 0              0
Prepaid expenses and other                                  0              0
Accounts payable                                            0              0
Other                                                  27,420              0

Net cash provided by operating activities             (73,172)          (234)

INVESTING ACTIVITIES
Purchase of Property and equipment
Net cash used in investing activities                       0              0

FINANCING ACTIVITIES
Paid in Capital                                         4,911              0
Issuance of common stock                                2,000              0
Net cash provided by financing activities               6,911              0

Net increase (decrease) in cash and cash equivalents  (66,261)          (234)
Beginning of period                                    66,261              0
End of period                                              0            (234)

The accompanying notes are an integral part of these financial statements

                                     CRT Corporation
                               Notes to Financial Statements
                                    September 30, 2002

Note 1  Summary of significant Accounting Policies

This summary of significant accounting policies of CRT
Corporation (the Company) is presented to assist in
understanding the Company's financial statements.  The
financial statements and notes are representations of the
Company's management, which is responsible for their
integrity and objectivity.  These accounting policies
conform to generally accepted accounting principles and have
been consistently applied in the preparation of the
financial statements.

(a)  Organization and Business Activities

CRT Corporation was incorporated under the laws of the
State of Nevada on September 30, 1996.  The main
business activity of "The Company " is a management and
investment holding company. In June of 2002 the Company
acquired Ace Optics for $2,000,000 in CRT stock.

Ace Optic began operations as Sunglasscentral.com in
1997 being one of the first large scale retail sunglass
websites on the Internet.  Ace Optics received over
120,000 unique visitors per month producing sunglass
revenues in excess of 60,000 per month. Ace Optics
represented over 35 different prescriptions and non-
prescription eyewear manufactures. Ace Optics operated
a storefront in Mississippi, and sold its products over
the Internet until it ceased operations in October 2002.

In June 2002 Ace Optics started a colligate line of
Sunglasses and was in the process of obtaining approvals from the Colleges and
Universities to distribute these products.

In August 2002, Mr. Whitley demanded the issuance of
550,000 shares of restricted CRT stock and 50,000
shares of free trading CRT stock. This request was
rejected. Mr. Whitley then in October 2002, of his own
volition ceased the operation of Ace Optics and refused
to turn over the books, records, inventory and
equipment that belong to the Company. His actions have
caused the principal business of the Company to cease
operations. Mr. Whitley's refusal to turn over the
books and records prevented the Company from the
documentation necessary to file an accurate financial
report for this quarter. The Company at this time does
not have a viable business and is no longer a going
concern. The Company has filed suit against Mr.
Whitley, seeking the return of all items in his
possession and or control that belong to the Company.

A revised 10 Q will be filed once the information is
obtained from Mr. Whitley or through direct
documentation from suppliers; credit card companies the
banks and others.

(b)  Annual Year

The Company operates on a December 31st annual year-end.

(c)  Basis of Accounting

The accompanying financial statements have been
prepared on the accrual basis of       accounting in
accordance with generally accepted accounting principles.

(d)  Net earning (loss) per share

Basic and diluted net loss per share information is
presented under the requirements of SFAS No. 128,
Earnings per Share. Basic net loss per share is
computed by dividing net loss by the weighted average
number of shares of common stock outstanding for the
period, less shares subject to repurchase.

Diluted net loss per share reflects the potential
dilution of securities by adding other common stock
equivalents, including stock options, shares subject to
repurchase, warrants and convertible preferred stock,
in the weighted-average number of common shares
outstanding for a period, if dilutive. Allotentially
dilutive securities have been excluded from
computation, as their effect is anti-dilutive.

(e)  Fair Value of Financial Instruments

The carrying amount of advances for shareholders is
considered to be representative of its respective fair
value because of the short-term nature of these
financial instruments.

(f)  Income Taxes

The Company accounts for income taxes under SFAS No.
109, which requires the asset and liability approach to
accounting for income taxes. Under this method,
deferred tax assets and liabilities are measured based
on differences between financial reporting and tax
bases of assets and liabilities measured using enacted
tax rates and laws that are expected to be in effect
when differences are expected to reverse

(g)  Cash and Cash Equivalents

For purposes of the statement of cash flows, the
Company considered all cash and other highly liquid
investments with initial maturities of three months or
less to be cash equivalents.

(h)  Estimates

The preparation of financial statements in conformity
with generally accepted accounting principles requires
management to make estimates and assumptions that
affect certain reported amounts and disclosures.
Accordingly, actual results could differ from those estimates.

(i)	Subsequent Events

Note 2  Capital Stock Transactions:

The authorized capital common stock is 25,000,000
shares of common stock at $.001 par value. The Company
has issued 4,453,628 of common stock.

The Company and a majority of its shareholders approved
a stock reverse of one for three. This became effective
July of 2002.

The Company issued  $300,000 worth of stock based upon
a value of $8.00 per share to settle the judgment
against the Company.

The Company acquired Ace Optics for $2,000,000 of
restricted CRT stock these shares will be issued once
the stock reverse of one for three is effective by the
end of July 2002.

Note 3  Going Concern:

The accompanying financial statements have been
prepared in conformity with generally accepted
accounting principles; at present the Company is not a
going concern.

In August 2002, Mr. Whitley demanded the issuance of
550,000 shares of restricted CRT stock and 50,000
shares of free trading CRT stock. This request was
rejected. Mr. Whitley then in October 2002, of his own
volition ceased the operation of Ace Optics and refused
to turn over the books, records, inventory and
equipment that belong to the Company. His actions have
caused the principal business of the Company to cease
operations. Mr. Whitley's refusal to turn over the
books and records prohibits the Company from the
documentation necessary to file an accurate financial
report for this quarter. The Company at this time does
not have a viable business and is no longer a going
concern. The Company has filed suit against Mr.
Whitley, seeking the return of all items in his
possession that belong to the Company.

Note 4  Legal Proceedings

CRT Corporation was one of seven defendants in a
lawsuit in that judgment was rendered against the
defendants in the amount of $10,036,701.00.  CRT has
settled this action and issued $300,000 worth of CRT
restricted stock as per rule 144. The Plaintiffs there
fore will be filing a satisfaction of judgment and a
full release of CRT with the Court before the end of 2002.

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

The following discussion should be read in conjunction with the
financial statements of the Company and notes thereto contained
elsewhere in this report.

Results of Operations.

None. In August 2002, Mr. Whitley demanded the issuance of
550,000 shares of restricted CRT stock and 50,000 shares of free
trading CRT stock. This request was rejected. Mr. Whitley then in
October 2002, of his own volition ceased the operation of Ace Optics
and refused to turn over the books, records, inventory and equipment
that belong to the Company. His actions have caused the principal
business of the Company to cease operations. Mr. Whitley's refusal to
turn over the books and records prevented the Company from the
obtaining the documentation necessary to file an accurate financial
report for this quarter. The Company at this time does not have a
viable business and is no longer a going concern. The Company has
filed suit against Mr. Whitley, seeking the return of all items in his
possession that belong to the Company.

Liquidity and Capital Resources.

The Company currently does not have a source for liquidity or
possess capital resources.

Capital Expenditures.

There were no capital expenditures this quarter ended September
30, 2002.

Forward Looking Statements.

The foregoing Management's Discussion and Analysis of Financial
Condition and Results of Operations contains "forward looking
statements" within the meaning of Rule 175 of the Securities Act of
1933, as amended, and Rule 3b-6 of the Securities Act of 1934, as
amended, including statements regarding, among other items, the
Company's business strategies, continued growth in the Company's
markets, projections, and anticipated trends in the Company's business
and the industry in which it operates.  The words "believe", "expect",
"anticipate", "intends", "forecast", "project", and similar
expressions identify forward-looking statements.  These forward-
looking statements are based largely on the Company's expectations and
are subject to a number of risks and uncertainties, certain of which
are beyond the Company's control.  The Company cautions that these
statements are further qualified by important factors that could cause
actual results to differ materially from those in the forward looking
statements, including, among others, the following: reduced or lack of
increase in demand for the Company's products, competitive pricing
pressures, changes in the market price of ingredients used in the
Company's products and the level of expenses incurred in the Company's
operations.  In light of these risks and uncertainties, there can be
no assurance that the forward-looking information contained herein
will in fact transpire or prove to be accurate.  The Company disclaims
any intent or obligation to update "forward looking statements."

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 4. CONTROLS AND PROCEDURES

The Chief Executive Officer is the "Certifying Officer" is responsible
for the establishing and maintaining disclosure control and procedures
for the Company.

The Certifying Officer has designed such disclosures controls and
procedures to ensure that material information is made known to the
officer, particularly during the period in which this report was prepared.

The Certifying Officer has evaluated the effectiveness of the
Company's disclosure controls and procedures within 90 days of the
date of this report and believes that the Company's disclosures
controls and procedures are effective based on the required
evaluation. There have been no significant changes in internal
controls or in other factors that could significantly affect internal
controls subsequent to the date of their evaluation, including any
corrective actions with regard to significant deficiencies and
material weaknesses.

PART II.

ITEM 1.  LEGAL PROCEEDINGS.

CRT Corporation was one of seven defendants in a lawsuit that
judgment was rendered against the defendants in the amount of
$10,036,701.00. CRT made an offer to settle their portion of the claim
with the issuance of $300,000 worth of rule 144 CRT stock based upon a
agreed value of $8.00 per share, which was accepted by the Plaintiffs.
The Plaintiffs have received the their stock and a release will be
filed before the end of this year 2002.

CRT Corporation has filed a complaint against Wade Whitely captioned
CRT vs. Whitley in Federal District Court of Nevada, for Conversion,
Fraud, Conspiracy, Defamations, Unjust Enrichment, and Equitable
Accountings. In August 2002, Mr. Whitley demanded the issuance of
550,000 shares of restricted CRT stock and 50,000 shares of free
trading CRT stock. This request was rejected. Mr. Whitley then in
October 2002, of his own volition ceased the operation of Ace Optics
and refused to turn over the books, records, inventory and equipment
that belong to the Company. His actions have caused the principal
business of the Company to cease operations. Mr. Whitley's refusal to
turn over the books and records prohibits the Company from the
documentation necessary to file an accurate financial report for this
quarter. The Company at this time does not have a viable business and
is no longer a going concern.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS.

There were none during this quarter.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

Not Applicable.

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

None.

ITEM 5.  OTHER INFORMATION.

Mr. Whitley was removed from the Board of Directors and an
interim board was installed until the next annual meeting..

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.

Exhibits.

Exhibits included or incorporated by reference herein: See

Exhibit Index.

Reports on Form 8-K.

None.

                                 SIGNATURE

     Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Company has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                                     CRT Corporation



Dated: November 15, 2002                             By: /s/ Matt Sebal
                                                     Matt Sebal, President

                                    EXHIBIT INDEX

Exhibit No.          Description

99.1    Certification of Chief Executive Officer Pursuant to
        18 U.S.C. 1350, as adopted pursuant to  906 of The
        Sarbanes-Oxley Act of 2002