U. S. Securities and Exchange Commission
                          Washington, D. C.  20549


                                 FORM 10-QSB


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

        For the quarterly period ended March 31, 2003

[ ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

         For the transition period from                to
                                        --------------    ------------------


                         Commission File No. 0-26177
                         ---------------------------

                             PIEZO INSTRUMENTS, INC.
                             -----------------------
                 (Name of Small Business Issuer in its Charter)


                UTAH                               87-0425275
                ----                               ----------
   (State or Other Jurisdiction of             (I.R.S. Employer I.D. No.)
    incorporation or organization)


           4685 South Highland Dr., Suite 202 Salt Lake City, UT 84117
           -----------------------------------------------------------
                    (Address of Principal Executive Offices)

                    Issuer's Telephone Number: (801) 278-9424

                            None; Not Applicable.
                            ---------------------
         (Former name or Former Address, if changed since last Report)


     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Sections 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.

(1)  Yes X  No              (2)  Yes  X   No
        ----    ----                 ----      ----

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

None; not Applicable.

     (APPLICABLE  ONLY  TO  CORPORATE  ISSUERS)

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

                                April 29, 2003
                              Common Voting Stock
                                  35,500,000


                       DOCUMENTS INCORPORATED BY REFERENCE

     A description of any "Documents  Incorporated by Reference" is contained in
Item 6 of this Report.

PART I - FINANCIAL INFORMATION

Item 1.Financial Statements.

     The Financial  Statements of the Registrant  required to be filed with this
10-QSB  Quarterly  Report  were  prepared  by  management  and  commence  on the
following page, together with related Notes. In the opinion of management,  the
Financial Statements fairly present the financial condition of the Registrant.





                             PIEZO INSTRUMENTS, INC.
                                  BALANCE SHEET
                                 March 31, 2003
                                                                     


                                                             3/31/2003        12/31/2002
                                                            [Unaudited]
                                                            -----------       ----------
                                  ASSETS

      Total Current Assets                               $             0   $             0
                                                            ------------      ------------
          Total Assets                                   $             0   $             0
                                                            ============      ============

                            LIABILITIES & EQUITY

Current Liabilities:
      Accounts Payable                                   $             0   $             0
      Income Taxes Payable                                           100               100
      Loans from stockholders                                     29,155            27,868
                                                            ------------      ------------
          Total Liabilities                                       29,255            27,968
                                                            ============      ============
Stockholders' Deficit:

      Capital Stock--50,000,000 shares authorized
          having a par value of $.001 per share; 35,500,000
          shares issued and outstanding                           35,500            35,500
      Additional Paid-in Capital                                  96,200            96,200
      Deficit accumulated prior to reactivation                 (126,700)         (126,700)
      Deficit accumulated during development stage               (34,255)          (32,968)

          Total Stockholders' Deficit                            (29,255)          (27,968)
                                                            -------------     -------------
          Total Liabilities and Stockholders' Deficit                  0                 0
                                                            =============     =============






                             PIEZO INSTRUMENTS, INC.
                            STATEMENTS OF OPERATIONS
            For the Three Month Period Ended March 31, 2003 and 2002
                                                           


                                                  Three Months      Three Months    August 17, 1990
                                                     Ended             Ended            through
                                                   3/31/2003         3/31/2002         3/31/2003
                                                  [Unaudited]       [Unaudited]
                                                  -----------       -----------      ------------
REVENUE
     Revenue from Operations                   $              0  $              0  $            0
                                                  -------------     -------------    ------------
         Total Revenue                                        0                 0               0
                                                  =============     =============    ============
General and Administrative Expenses                       1,287               909          32,955

Net Income Before Taxes                                  (1,287)             (909)        (32,955)
                                                  -------------     -------------    ------------
Income/Franchise Taxes                                        0                 0  $        1,300
                                                  -------------     -------------    ------------
Net Loss                                                 (1,287)             (909)        (34,255)
                                                  =============     =============    ============
Loss Per Share                                            (0.01)            (0.01)          (0.01)
                                                  =============     =============    ============
Weighted Average Shares Outstanding                  35,500,000        17,500,000      18,070,189
                                                  =============     =============    ============





                             PIEZO INSTRUMENTS, INC.
                            STATEMENTS OF CASH FLOWS
            For the Three Month Period Ended March 31, 2003 and 2002
                                                                

                                                       Three Months      Three Months    August 17, 2003
                                                           Ended             Ended          through
                                                        3/31/2003         3/31/2002        3/31/2003
                                                       [Unaudited]       [Unaudited]
                                                       -----------       -----------       ----------
Cash Flows Used For Operating Activities

  Net Loss                                           $        (1,287)  $          (909)  $    (34,255)
                                                       -------------     -------------     ----------
  Adjustments to reconcile net loss to net cash
    used in operating activities:

    Issued stock to directors
    Increase/(Decrease) in accounts payable                        0                 0          5,000
    Increase/(Decrease) in loans from shareholder              1,287               909          1,000
      Net Cash Used For Operating Activities                       0                 0         29,155
                                                       -------------     -------------     ----------
Cash Flows Provided by Financing Activities                        0                 0              0
                                                       -------------     -------------     ----------
      Net Increase In Cash                                         0                 0              0
                                                       -------------     -------------     ----------
      Beginning Cash Balance                                       0                 0              0
                                                       -------------     -------------     ----------
      Ending Cash Balance                          $               0 $               0              0
                                                       =============     =============     ==========




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

Plan of Operation.

     The Company has not engaged in any material operations in the period ending
March 31, 2003, or for the past twelve  calendar  years.  The Company intends to
continue to seek out the acquisition of assets, property or business that may be
beneficial to the Company and its stockholders.

     During the next 12 months, the Company's only foreseeable cash requirements
will  relate to  maintaining  the  Company in good  standing  or the  payment of
expenses  associated  with  reviewing or  investigating  any potential  business
venture.  If additional moneys are needed, they may be advanced by management or
principal  stockholders  as loans to the  Company.  Because  the Company has not
identified  any such venture as of the date of this Report,  it is impossible to
predict  the  amount of any such  loan.  However,  any such loan will not exceed
$25,000  and will be on terms no less  favorable  to the  Company  than would be
available  from a commercial  lender in an arm's length  transaction.  As of the
date of this Report, the Company has not begun seeking any acquisition.

Results of Operations.

     During the quarterly  period ended March 31, 2003, the Company had no
business operations.  During this period, the Company received total revenues of
$0 and had a loss of $1,287.

Liquidity.

     At March 31, 2003, the Company had total current assets of $0 and total
liabilities of $29,255.

Controls and Procedures.

     An  evaluation   was  performed   under  the   supervision   and  with  the
participation  of  the  Company's   management,   including  the  President  and
Treasurer,  regarding  the  effectiveness  of the  design and  operation  of the
Company's  disclosure  controls and procedures  within 90 days before the filing
date  of  this  quarterly  report.  Based  on  that  evaluation,  the  Company's
management,  including the President and Treasurer, concluded that the Company's
disclosure   controls  and  procedures  were  effective.   There  have  been  no
significant  changes in the Company's internal controls or in other factors that
could significantly affect internal controls subsequent to their evaluation.



PART II - OTHER INFORMATION

Item 1.Legal Proceedings.
------------------------

None; not applicable.

Item 2.Changes in Securities.
-----------------------------

None; not applicable.

Item 3.Defaults Upon Senior Securities.
---------------------------------------

None; not applicable.

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

     No matter was submitted to a vote of security holders of the Company during
the period covered by this Report. For additional  information see the Company's
Form 10SB  Registration  Statement  as filed with the  Securities  and  Exchange
Commission.

Item 5.Other Information.
-------------------------

     None; Not Applicable.

Item 6.Exhibits and Reports on Form 8-K.
----------------------------------------

(a)Exhibits.*

None; not applicable.

(b)Reports on Form 8-K.

None; not applicable.

(c) Documents Incorporated by Reference

     Form 10SB Registration  Statement as filed with the Securities and Exchange
Commission.

     *A summary of any Exhibit is modified in its  entirety by  reference to the
actual Exhibit.

     **These  documents  have been  previously  filed  with the  Securities  and
Exchange Commission and are incorporated herein by this reference.



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.


                              PIEZO INSTRUMENTS, INC.



Date:  5-12-03                  By/S/ Thomas J. Howells
                                Thomas J. Howells
                                President and Director



Date:  5-12-03                  By/S/ Travis T. Jenson
                                Travis T. Jenson
                                Secretary and Director
 
                           CERTIFICATION PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I, Thomas J. Howells,  President and Director of Piezo  Instruments,  Inc.,
certify that:

     1.  I  have  reviewed  this  Quarterly  Report  on  Form  10-QSB  of  Piezo
Instruments, Inc.

     2. Based on my knowledge, this Quarterly Report does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this Quarterly
Report;

     3. Based on my knowledge,  the financial  statements,  and other  financial
information  included in this Quarterly  Report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
Registrant as of, and for, the periods presented in this Quarterly Report;

     4. The  Registrant's  other  certifying  officer and I are  responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and we have:

          a) designed  such  disclosure  controls and  procedures to ensure that
     material information relating to the Registrant, including its consolidated
     subsidiaries,  is  made  known  to  us by  others  within  those  entities,
     particularly  during  the period in which  this  Quarterly  Report is being
     prepared;

          b) evaluated the effectiveness of the Registrant's disclosure controls
     and procedures as of a date within 90 days prior to the filing date of this
     Quarterly Report (the "Evaluation Date"); and

          c)  presented  in this  Quarterly  Report  our  conclusions  about the
     effectiveness  of the  disclosure  controls  and  procedures  based  on our
     evaluation as of the Evaluation Date;

     5. The Registrant's other certifying officer and I have disclosed, based on
our most recent evaluation, to the Registrant's auditors and the audit committee
of  Registrant's  board of  directors  (or  persons  performing  the  equivalent
function);

          a) all significant deficiencies in the design or operation of internal
     controls which could adversely affect the  Registrant's  ability to record,
     process,  summarize and report  financial data and have  identified for the
     Registrant's auditors any material weaknesses in internal controls; and

          b) any fraud,  whether or not material,  that  involves  management or
     other employees who have a significant  role in the  Registrant's  internal
     controls; and

     6. The Registrant's  other certifying  officer and I have indicated in this
Quarterly  Report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.



Dated:  5-12-03                    Signature:  By/S/Thomas J. Howells
                                               ---------------------------
                                               Thomas J. Howells
                                               President and Director

                   CERTIFICATION PURSUANT TO
         SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

     I,  Travis  T.  Jenson,   Secretary,   Treasurer   and  Director  of  Piezo
Instruments, Inc., certify that:

     1. I have  reviewed  this  Quarterly  Report  on  Form  10-QSB  of  Piezo
Instruments, Inc.

     2. Based on my knowledge, this Quarterly Report does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this Quarterly
Report;

     3. Based on my knowledge,  the financial  statements,  and other  financial
information  included in this Quarterly  Report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
Registrant as of, and for, the periods presented in this Quarterly Report;

     4. The  Registrant's  other  certifying  officer and I are  responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and we have:

          a) designed  such  disclosure  controls and  procedures to ensure that
     material information relating to the Registrant, including its consolidated
     subsidiaries,  is  made  known  to  us by  others  within  those  entities,
     particularly  during  the period in which  this  Quarterly  Report is being
     prepared;

          b) evaluated the effectiveness of the Registrant's disclosure controls
     and procedures as of a date within 90 days prior to the filing date of this
     Quarterly Report (the "Evaluation Date"); and

          c)  presented  in this  Quarterly  Report  our  conclusions  about the
     effectiveness  of the  disclosure  controls  and  procedures  based  on our
     evaluation as of the Evaluation Date;

     5. The Registrant's other certifying officer and I have disclosed, based on
our most recent evaluation, to the Registrant's auditors and the audit committee
of  Registrant's  board of  directors  (or  persons  performing  the  equivalent
function);

          a) all significant deficiencies in the design or operation of internal
     controls which could adversely affect the  Registrant's  ability to record,
     process,  summarize and report  financial data and have  identified for the
     Registrant's auditors any material weaknesses in internal controls; and

          b) any fraud,  whether or not material,  that  involves  management or
     other employees who have a significant  role in the  Registrant's  internal
     controls; and

     6. The Registrant's  other certifying  officer and I have indicated in this
Quarterly  Report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.



Dated:  5-12-03                    Signature:  By/S/ Travis T. Jenson
                                               ---------------------
                                               Travis T. Jenson
                                               Secretary, Treasurer and Director



                           CERTIFICATION PURSUANT TO
                            18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



     In connection with the Quarterly  report of Piezo  Instruments,  Inc., (the
"Company")  on Form 10-QSB for the  quarterly  period ended March 31,  2003,  as
filed with the  Securities  and Exchange  Commission  on the date  hereof,  (the
"Report"),  I(We),  Thomas J.  Howells,  President  and  Director  and Travis T.
Jenson, Secretary,  Treasurer and Director, of the Company, certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that:

     (1) The Report fully  complies  with the  requirements  of section 13(a) or
15(d) of the Securities Exchange Act of 1934, and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and result of  operations of the
Company.



By/S/ Thomas J. Howells
-------------------------------
Thomas J. Howells
President and Director
Dated this ___ day of May, 2003.


By/S/ Travis T. Jenson
-------------------------------
Travis T. Jenson
Secretary and Director
Dated this ___ Day of May, 2003.