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For the quarter ended                 June 30, 2000                             

Commission file number               0-17165                                    

                                SUNSTYLE CORPORATION                            
             (Exact name of Registrant as specified in its charter)

          Florida                                              59-2905386       
(State or other jurisdiction of                            (I.R.S. Employer
 incorporation or organization)                             Identification No.)

          4900 Creekside Drive, Clearwater, Florida                  33760      
          (Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area            (727) 592-0299         


Securities registered pursuant to Section 12(b) of the Act:

                                                       Name of each exchange
Title of each class                                    on which registered
      None                                                    None


Securities registered pursuant to Section 12(g) of the Act:

                                                       Common Stock (par value $.10)

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 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    


Number of Common shares outstanding (June 30, 2000):            1,096,014

                                                2000           1999         
                                             - ---------       --------       
Revenues:
  Interest Income                           $  5,512        $  4,068        
                                             - ---------       ---------      
    Total Revenues                             5,512           4,068        
                                             - ---------       ---------      
Cost and Expense:
  General and Administrative                   4,102           5,431        
                                             - ---------       ---------      
    Total Expenses                             4,102           5,431        
                                             - ---------       ---------      

Net Income (Loss)                           $  1,410         $(1,363)       
                                             =========       =========      

Net Income (Loss) Per Share                 $   .001         $ (.001)       
                                             =========       =========      
Number of Common Shares
  Outstanding                              1,096,014        1,096,014       
                                           ==========       ==========      

                                             2000           1999         
                                           - ---------       --------      
Revenues:
  Interest Income                         $  2,881        $  2,132       
                                          - ---------       ---------      
    Total Revenues                           2,881           2,132       
                                          - ---------       ---------      
Cost and Expense:
  General and Administrative                 3,538           2,295       
                                          - ---------       ---------      
    Total Expenses                           3,538           2,295       
                                          - ---------       ---------      

Net Loss                                  $   (657)       $   (163)      
                                          =========       =========      

Net Loss Per Share                        $  (.001)       $  (.001)      
                                          =========       =========      
Number of Common Shares
  Outstanding                            1,096,014       1,096,014      
                                         ==========      ==========      

NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES:

Basis of Preparation

      The unaudited financial statements presented herein have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and note disclosures required by generally accepted accounting principles. These statements should be read in conjunction with the financial statements and notes thereto included in the Company's Form 10-K for the year ended December 31, 1999. In the opinion of management, these financial statements include all adjustments, consisting only of normal recurring adjustments, necessary to summarize fairly the Company's financial position and results of operations. The results of operations for the period may not be indicative of results to be expected for the year.

Reclassification

     Certain items in the 1999 financial statements have been reclassified for comparative purposes to conform with the financial statement presentation used in the 2000 statements.

Federal and State Income Taxes

   Substantial losses have been sustained by the Company, which raises considerable doubt as to its ability to continue operations. As a result of the above, it is unlikely that the Company will be able to benefit from the approximately $2,888,000 in tax loss carry forwards available as of December 31, 1999. Therefore, no provision has been made in these statements for any deferred tax benefit.

NOTE 2 - CONTINGENCIES AND OTHER EVENTS:

   The Company is currently negotiating the settlement of its outstanding debt to its former Parent. Although it is possible a settlement could result in the transfer of essentially all remaining assets to its former Parent, the effect of a final settlement cannot be determined at this time.

    In addition to the uncertainty discussed above, the Company has sustained substantial net losses and has a deficit net worth at June 30, 2000 of $145,346. These issues raise considerable doubt as to the Company's ability to continue operations. Management has not adopted a plan of liquidation and is currently exploring several possibilities including selling a majority interest in the Company. The consolidated financial statements do not include any adjustments that may result from any of the above events.

Results of Operations

   For the Six Months Ended June 30, 2000 and 1999:

   Interest income increased from $4,068 for the six months ended June 30, 1999, to $5,512 for the six months ended June 30, 2000. General and administrative expenses decreased from $5,431 for the six months ended June 30, 1999, to $4,102 for the six months ended June 30, 2000. As a result of the above, the Company had a net income of $1,410 in 2000 compared to a net loss of $1,363 in 1999.

   For the Three Months Ended June 30, 2000 and 1999:

   Interest income increased from $2,132 for the three months ended June 30, 1999, to $2,881 for the three months ended June 30, 2000. General and administrative expenses increased from $2,295 for the three months ended June 30, 1999, to $3,538 for the three months ended June 30, 2000. As a result of the above, the Company had a net loss of $657 in 2000 compared to a net loss of $163 in 1999.

Liquidity and Capital Resources

   Due to continuing losses in a depressed market, the Company ceased construction activities and terminated all employees during May of 1991. All remaining real estate assets were sold.

   The Company's liabilities are primarily to its former Parent in the form of an unsecured note ($255,000), interest on the note and other payables. The Company is currently negotiating the settlement of its outstanding debt to its former Parent.

   In addition to the uncertainty discussed above, the Company has sustained substantial net losses and has a deficit net worth at June 30, 2000, of $145,346. These issues raise considerable doubt as to the Company's ability to continue operations. Management has not adopted a plan of liquidation. The consolidated financial statements do not include any adjustments that may result from any of the above events.

Date: September 25, 2002           By:/s/Ralph W. Quartetti
                                                                      Ralph W. Quartetti, President
                                                                      Chief Executive Officer and
                                                                      Chief Financial Officer