TRIPLE S PARTS INC /NV/
10QSB/A, 2001-01-19
MOTORCYCLES, BICYCLES & PARTS
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB/A

(Mark  One)

[x]  Quarterly  report  under Section 13 or 15(d) of the Securities Exchange Act
of  1934  for  the  quarterly  period  ended  June  30,  2000.

[  ]  Transition report under Section 13 or 15(d) of the Securities Exchange Act
of  1934  (No  fee  required)  for  the transition period from  _____________ to
_______________.

                             Commission file number:

                              TRIPLE S PARTS, INC.
                         -------------------------------
                 (Name of Small Business Issuer in Its Charter)

              Nevada                                         88-0354194
------------------------------------                       --------------
(State  or  Other  Jurisdiction  of                       (I.R.S.  Employer
Incorporation  or  Organization)                         Identification  No.)

                   413 Petroleum St., Florence, Colorado 81226
                 -----------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)

                                  303-404-9904
                                 --------------
                (Issuer's Telephone Number, Including Area Code)

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  [ X ]         No  [  ]

The  number  of  shares  outstanding  of  Registrant's common stock ($0.0005 par
value) 285,000 shares as  of  the  latest  practicable  date  October 12, 2000.


<PAGE>
                                TABLE OF CONTENTS
PART  1

Page

ITEM  1.  FINANCIAL  STATEMENTS

ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION

PART  II

ITEM  5.  OTHER

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

SIGNATURES


<PAGE>
Item  1.  Financial  Statements

   Unless otherwise indicated, the term "Company" refers to Triple S Parts, Inc.
The  accompanying  amended  unaudited financial statements have been prepared in
accordance with the instructions to Form 10-Q and, therefore, do not include all
information  and  footnotes  necessary  for a complete presentation of financial
position,  results  of  operations,  cash  flows  and  stockholders'  equity  in
conformity  with  generally  accepted  accounting principles.  In the opinion of
management,  all adjustments considered necessary for a fair presentation of the
results  of  operations  and  financial position have been included and all such
adjustments are of a normal recurring nature.  Operating results for the quarter
ended  June 30, 2000, are  not necessarily indicative of the results that can be
expected for the year ending December 31, 2000.  The statements herein should be
read in connection with audited financial statements for the 6 months ended June
30,  2000  and  June 30, 1999 and for the years ended December 1999 and December
1998.

<PAGE>

<TABLE>
<CAPTION>

                               TRIPLE S PARTS, INC.
                         (A DEVELOPMENT STAGE COMPANY)
                                 BALANCE SHEETS

                                    ASSETS
                                    ------


                                            June 30            December 31,
                                       ----------------     ----------------
                                        2000      1999       1999      1998
                                      --------  ------     -------    --------
ASSETS
<S>                                      <C>      <C>        <C>        <C>
  Cash                                $147,832   $   -     $ 8,036    $   -
                                      ---------  ------  --------------  ------

    TOTAL ASSETS                      $147,832   $   -     $ 8,036    $   -
                                      =========  ========  ==========  ========

                       LIABILITIES AND STOCKHOLDERS' (DEFICIT)
                       ----------------------------------------

CURRENT LIABILITIES

Accounts payable                      $  5,000   $   -     $      -   $   -
Demand loan payable to a stockholder   139,840       -            -       -
                                      ---------  --------   --------  --------

    Total Current Liabilities          144,840       -            -       -
                                      ---------  --------   --------  --------

CONTINGENCIES

STOCKHOLDERS' (DEFICIT)

Common stock: $0.0005 par value,
50,000,000 shares authorized; shares
issued and outstanding were 285,500
shares at June 30, 2000 at
Capital in excess of par                43,037       217      43,037     217
(Deficit) accumulated during the
development stage                      (40,188)     (355)    (35,144)   (355)
                                      ----------   -------  ----------  --------
Total Stockholders' (Deficit)            2,992       -         8,036       -
                                      ----------   -------  ----------  --------

TOTAL LIABILITIES
AND STOCKHOLDERS' (DEFICIT)           $147,832     $   -    $  8,036    $   -
                                      ==========   =======  ==========  ========
</TABLE>


<PAGE>

<TABLE>
<CAPTION>

                                            TRIPLE S PARTS, INC.
                                       (A DEVELOPMENT STAGE COMPANY)
                              CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED )
                      FOR THE NINE AND THREE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
                  FOR THE PERIOD FROM INCEPTION (FEBRUARY 26, 1996) TO SEPTEMBER 30, 2000


                                                                                          FROM
                                       NINE MONTHS               THREE MONTHS         INCEPTION TO
                                      -------------             --------------          SEPTEMBER
                                    2000         1999          2000         1999        30, 2000
                                ------------  ----------    ----------   -----------   -----------
<S>                                 <C>          <C>            <C>          <C>           <C>
Revenue                        $     -       $     -       $      -     $      -      $      -
                                -------------  ---------  --------------  ---------    ------------
Operating expenses
Professional fees:
Director                             -             -              -            -          30,000
Website                              -             -              -            -           1,750
Legal and accounting              5,000         1,925             -         1,925          7,425
Consultants                      60,000            -          60,000           -          60,000
General and administration           44           480             -           480          1,013
                                -------------  ---------  --------------  -----------   ------------

Total operating expenses         65,044         2,405         60,000        2,405        100,188
                                -------------  ---------  --------------  -----------   ------------

(Loss) from operations          (65,044)       (2,405)       (60,000)      (2,405)      (100,188)
                                -------------  ---------  --------------  -----------   ------------

Net (loss)                    $ (65,044)    $  (2,405)     $ (60,000)  $   (2,405)      (100,188)
                                ============   =========  ==============  =========     ------------

Basic (loss) per share        $  (0.07)     $  (0.00)  $       (0.05)  $  (0.00)            N/A
                                ============   =========  ==============  =========     ============

Weighted average shares
outstanding during the period    950,850       825,000      1,200,000      825,000          N/A
                                ============  =========   ==============  =========    =============

</TABLE>

<PAGE>

<TABLE>
<CAPTION>

                                                    TRIPLE S PARTS, INC.
                                               (A DEVELOPMENT STAGE COMPANY)
                                                  STATEMENTS OF CASH FLOWS


                                                                                                                From
                                                                                                            Inception on
                                                          For the                  For the               February 22, 1996
                                                      Six Months Ended           Years Ended                    1996
                                                          June 30,               December 31,                  Through
                                                      2000         1999        1999         1998            June 30, 2000
                                                     ------------------       ------------------        ------------------
<S>                                                   <C>          <C>         <C>           <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)                                           $          (5,044)       $ (34,789)  $    (85)       $    (40,188)
Changes in operating asset and liability accounts:
Stock issued for services                                -           -           31,500         -               31,500
Accounts payable                                       5,000         -              -           -                5,000
                                                     ------------------       -------------------       -------------------
Net Cash (Used) in Operating Activities                  (44)        -           (3,289)       (85)             (3,688)

CASH FLOWS FROM INVESTING ACTIVITIES                     -           -              -           -                   -
                                                     ------------------       -------------------       -------------------

CASH FLOWS FROM FINANCING ACTIVITIES
Contribution of capital                                  -           -           11,325         85              11,680
Stockholder demand loan                                139,840       -              -           -              139,840
                                                     ------------------       -------------------       -------------------
Net Cash Provided by Financing Activities              139,840       -           11,325         85             151,520
                                                     ------------------       -------------------       -------------------

NET INCREASE IN CASH                                   139,796       -            8,036        -               147,832

CASH AT BEGINNING OF PERIOD                              8,036       -              -          -                    -
                                                     ------------------       -------------------       -------------------

CASH AT END OF PERIOD                                $         147,832   $   -  $       8,036   $   -   $      147,832
                                                     ==================  =====  ==============  ======  ===================

</TABLE>

<PAGE>

<TABLE>
<CAPTION>

                                       TRIPLE S PARTS, INC.
                                  (A DEVELOPMENT STAGE COMPANY)
                              STATEMENTS OF STOCKHOLDERS' (DEFICIT)

                                                                                       (Deficit)
                                                                                      Accumulated
                                                                                       During the
                                                 Common Stock         Capital in      Development
                                             Shares       Amount      Excess of Par      Stage
                                           -----------  ---------     -------------   ------------
<S>                                           <C>          <C>            <C>              <C>
Balance at inception
(February 22, 1996)                        $   -        $   -         $    -          $     -

Founders shares issued at par                264,000         132           132              -

Net (loss) for the period ended
December 31, 1996                              -            -              185             (185)
                                           -----------  ---------     --------------   -----------

Balance, December 31, 1996                   264,000         132           317             (185)
                                           -----------  ---------     --------------   -----------

Additional founders shares issued at par      11,000           6           (6)               -

Net (loss) for the year ended
December 31, 1997                                -             -            85              (85)
                                           -----------  ---------     --------------   -----------

Balance, December 31, 1997                   275,000         138           132             (270)

Net (loss) for the year ended
December 31, 1998                                -             -            85             (85)
                                           -----------  ---------     ---------------  -----------

Balance, December 31, 1998                   275,000         138           217            (355)

Net (loss) for the six months ended
June 30, 1999                                    -             -             -              -
                                           -----------  ---------     ---------------  -----------

Balance, June 30, 1999                       275,000         138           217            (355)
                                           -----------  ---------     ---------------  -----------

Stock issued for services                     10,500           5        31,495               -

Contribution of capital                          -             -        11,325               -

Net (loss) for the six months ended
December 31, 1999                                -             -            -           (34,789)
                                           -----------  ---------     ---------------  ------------

Balance, December 31, 1999                   285,500         143        43,037          (35,144)
                                           -----------  ---------     ---------------  -------------

Net (loss) for the six months ended
June 30, 2000                                    -             -            -            (5,044)
                                           -----------  ---------     ---------------  -------------

Balance, June 30, 2000                     $ 285,500      $  143      $ 43,037         $(40,188)
                                           =============  =======  ===============  =============
</TABLE>


                             See accompanying notes.


<PAGE>
                              TRIPLE S PARTS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                                  June 30, 2000

8
                                        8
1.     SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION

Triple  S Parts, Inc.  (the "Company") was organized under the laws of the State
of  Nevada on February 22, 1996.  The purpose of the corporation is to engage in
any  lawful  activity.

In August 1999, the Company amended its Certificate of Incorporation to increase
the authorized number of shares to 50,000,000 and to change from no par stock to
$0.0005  per  share  par  value.

Currently,  the  Company  is  a  development stage company with no operations or
significant  assets  but  is  seeking business opportunities or to merge with an
existing  company.

ACCOUNTING  METHOD

The  Company's  financial  statements  are  prepared using the accrual method of
accounting.  The  Company  has  adopted  a  December  31  year-end.

BASIC  (LOSS)  PER  SHARE

The  computations  of  basic  (loss)  per share of common stock are based on the
weighted  average  number  of  shares issued and outstanding during the periods.

USE  OF  ESTIMATES

The  preparation  of  financial statements in conformity with generally accepted
accounting principles required management to make estimates and assumptions that
affect  the  reported  amounts  of  assets  and  liabilities  and  disclosure of
contingent assets and liabilities at the date of the financial statement and the
reported  amounts  of revenues and expenses during the reporting period.  Actual
results  could  differ  from  those  estimates.

INTERIM  PERIOD  RESULTS

The results of operations for the interim periods are not necessarily indicative
of  the  results  to  be  expected  for  the  full  fiscal  year.

PROVISION  FOR  TAXES

At  June  30,  2000  the  Company  had  net  operating  (loss)  carryforwards of
approximately  $42,000 that may be offset against future taxable income.  No tax
benefit has been reported in the financial statements, because the potential tax
benefit  of  the  net  operating  (loss) carryforwards are offset by a valuation
allowance of the same amount because of the uncertainty of the Company realizing
future  taxable  income.

<PAGE>
2.     GOING  CONCERN

The  Company's  financial  statements  are  prepared  using  generally  accepted
accounting  principles  applicable  to  a  going  concern which contemplates the
realization  of  assets  and  liquidation of liabilities in the normal course of
business.  However,  the  Company  does  not have any substantial and continuing
sources  of  revenue  or material assets sufficient to allow it to continue as a
going  concern.  It  is  the  intent  of  the  Company  to seek a merger with an
existing,  operating  company.  In the interim, shareholders of the Company have
committed  to  meeting  its  minimal  operating  expenses.

3.     NONCASH  FINANCING  ACTIVITIES

In  December 1999, the Company issued 10,500 shares as compensation for services
valued  at  $31,500.

4.     CONTINGENCIES

At  June  30, 2000, the Company's cash account is in excess of available Federal
Deposit  Insurance  Corporation  (FDIC)  limits.

5.     SUBSEQUENT  EVENTS

The Company and its shareholders are currently negotiating the exchange of their
100%  ownership  interest  for  a  30%  interest  in  an operating company.  The
President  of the acquiree is expected to sign a two year employment contract at
an  annual  salary of approximately $96,000. A substantive agreement has not yet
been  negotiated  or  agreed  to.

The  following  unaudited pro forma data summarizes the results of operations of
the  Company  for the years ended December 1999 and 1998, and for the six months
ended  June  30,  2000  and  1999,  as  if the acquisition had been completed on
January  1,  1998.  The  pro  forma  data  gives  effect to the actual operating
results  prior  to  acquisition.  The  pro  forma  results  do not purport to be
indicative  of  the  results  that  would  have  actually  been  achieved if the
acquisition  had  occurred  on  January  1,  1998 or that may be achieved in the
future.

                                    UNAUDITED
                                    ---------
                                       Year  Ended        Six  Months  Ended
                                       December  31,           June  30,
                                      --------------       ----------------
                                      1999      1998       2000        1999
                                      ----      ----       ----        ----

Revenues                            $239,328   $253,763  $ 127,537   $194,342

Net  (loss)  income                 $(47,765)  $(3,629)  $(114,183)  $(3,544)

Basic net (loss) per common share     $(0.00)   $(0.00)     $(0.01)   $(0.00)


Near  the  end  of  the  third  quarter,  the  Company  issued 600,000 shares of
restricted  stock to consultants for services rendered and to be rendered to the
Company from July 1, 2000 to year-end. The Company expects to value these shares
at  $0.05  per  share.  This  transaction has not been recorded in the financial
statements.

In August 2000, the Company authorized a 3 to 1 forward stock split effective in
August.  This  action  raises  the  number  of  shares  from  885,500  shares to
2,656,500  shares  issued  and  outstanding.  This  transaction  has  not  been
recorded  in  the  financial  statements.


PART  II

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

         None

<PAGE>
                                   SIGNATURES

Pursuant  to  the  requirements  of Section 12 of the Securities Exchange Act of
1934, the registrant has duly caused this registration statement to be signed on
its  behalf  by  the  undersigned,  thereunto  duly  authorized.

                                           Triple  S  Parts,  Inc.
                                           /s/__________________________________
                                           By:  Thomas Pierson,  President
Date: January 18, 2001




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