UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   Form 10-QSB



(Mark one)

[X]      Annual Report Under Section 13 or 15(d) of The Securities  Exchange Act
         of 1934

                 For the quarterly period ending March 31, 2004

[_]      Transition Report Under Section 13 or 15(d) of The Securities  Exchange
         Act of 1934

         For the transition period from ______________ to _____________




                           ECOLOCLEAN INDUSTRIES, INC.
        (Exact name of small business issuer as specified in its charter)

       Nevada                                                  65-1060612
------------------------                                ------------------------
(State of incorporation)                                (IRS Employer ID Number)

                   2242 South Hwy #83, Crystal City, TX 78839
                    (Address of principal executive offices)

                                 (830) 374-9100
                          (Issuer's telephone number)



      Securities registered under Section 12 (b) of the Exchange Act: None

         Securities registered under Section 12(g) of the Exchange Act:
                        Common Stock - $0.001 par value



Check  whether  the issuer  has (1) filed all  reports  required  to be files by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period the Company 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
Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes    No
                                                 ---   ---

                      APPLICABLE ONLY TO CORPORATE ISSUERS

As of March 31, 2004,  there were  32,600,664  shares of Common Stock issued and
outstanding.

Transitional Small Business Disclosure Format : Yes    No X
                                                   ---   ---



                           ECOLOCLEAN INDUSTRIES, INC.
                                   FORM 10-QSB


                                      INDEX
                                      -----

                                                                            Page
PART I - Financial Information

Item 1 - Financial Statements
         Condensed Consolidated Balance Sheets as of
         March 31, 2004 and December 31, 2003..............................  3-4

         Condensed Consolidated Statements of Operations
         For the Three Months Ended March 31, 2004 and 2003................    5

         Condensed Consolidated Statements of Cash Flows
         For the Three Months Ended March 31, 2004 and 2003................  6-7

         Notes to Condensed Consolidated Financial Statements.............. 8-10

Item 2 - Management's Discussion and Analysis or Plan of Operation.........   11

Item 3 - Controls and Procedures...........................................   13

PART II - Other Information

Item 1 - Legal Proceedings ................................................   14

Item 2 - Changes in Securities and Use of Proceeds.........................   14

Item 3 - Defaults Upon Senior Securities...................................   14

Item 4 - Submission of Matters to a Vote of Security Holdings..............   14

Item 5 - Other Information.................................................   14

Item 6 - Exhibits and Reports on Form 8K ..................................   14

Signature..................................................................   15



                                       -2-





                           ECOLOCLEAN INDUSTRIES, INC.
                      CONDENSED CONSOLIDATED BALANCE SHEETS



                                     ASSETS
                                     ------



                                             March 31, 2004    December 31, 2003
                                           -----------------   -----------------
                                              (Unaudited)

Current Assets:
      Cash                                 $          36,932   $           2,532
      Accounts Receivable                             40,530              77,037
      Prepaid Expenses                                11,266              19,616
                                           -----------------   -----------------
         Total Current Assets                         88,728              99,185
                                           -----------------   -----------------

Property Plant and Equipment, Net                    592,226             425,718
                                           -----------------   -----------------

Other Assets:
      Deposits                                           400                 200
      License, Net                                    19,128              20,528
      Intangible Asset                                33,585              33,585
                                           -----------------   -----------------
         Total Other Assets                           53,113              54,313
                                           -----------------   -----------------

         Total Assets                      $         734,067   $         579,216
                                           =================   =================



















      See Accompanying Notes to Condensed Consolidated Financial Statements

                                       -3-






                           ECOLOCLEAN INDUSTRIES, INC.
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                                   (CONTINUED)


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


                                                       March 31, 2004     December 31, 2003
                                                     -----------------    -----------------
                                                        (Unaudited)
                                                                    
Current Liabilities:
      Accounts Payable and
          Accrued Expenses                           $         559,413    $         488,823
      Note Payable                                              26,870               27,414
                                                     -----------------    -----------------
         Total Current Liabilities                             586,283              516,237

Long-Term Debt                                                       0                    0

Due to Related Parties                                       1,119,260              775,369
                                                     -----------------    -----------------

         Total Liabilities                                   1,705,543            1,291,606
                                                     -----------------    -----------------

Commitments and Contingencies                                     --                   --

Stockholders' (Deficit):
      Preferred Stock, $0.01 par value
        1,000,000 shares authorized, none issued                  --                   --
      Common Stock, $.001 par value per share,
        50,000,000 shares authorized;
          32,500,664 shares issued and
         outstanding December 31, 2003
         32,600,664 shares issued and outstanding
          March 31, 2004                                         3,260                3,250

      Additional Paid-in Capital                               240,548              190,558
      Accumulated (Deficit)                                 (1,215,284)            (906,198)
                                                     -----------------    -----------------

         Total Stockholders' (Deficit)                        (971,476)            (712,390)
                                                     -----------------    -----------------

         Total Liabilities and
              Stockholders' (Deficit)                $         734,067    $         579,216
                                                     =================    =================









      See Accompanying Notes to Condensed Consolidated Financial Statements

                                       -4-







                           ECOLOCLEAN INDUSTRIES, INC.
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)




                                              Three Months Ended    Three Months Ended
                                                March 31, 2004        March 31, 2003
                                              ------------------    ------------------
                                                              

Revenues:                                     $          138,727    $                0
                                              ------------------    ------------------

Operating Expenses:
      Cost of Sales                                       48,553                     0
      Operating Expenses                                  78,766                21,676
      Depreciation & Amortization                         19,675                 7,515
      Interest                                            14,598                 2,611
      Officer's Salary                                    30,000                30,000
      General and Administrative                         256,221               157,739
                                              ------------------    ------------------
         Total Operating Expenses                        447,813               219,541
                                              ------------------    ------------------
Net (Loss)                                    $         (309,086)   $         (219,541)
                                              ==================    ==================
Net (Loss) Per Common Share
      Basic and Diluted                       $            (0.01)   $            (0.01)
                                              ==================    ==================

Weighted Average Number of Common
      Shares Outstanding, Basic and Diluted           32,550,664            30,783,850
                                              ==================    ==================




















      See Accompanying Notes to Condensed Consolidated Financial Statements

                                       -5-






                           ECOLOCLEAN INDUSTRIES, INC.
                 STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS
                                   (UNAUDITED)


                                                     Three Months Ended    Three Months Ended
                                                       March 31, 2004        March 31, 2003
                                                     ------------------    ------------------
                                                                     
Cash Flows Provided (Required) By
  Operating Activities:
    Net (Loss)                                       $         (309,086)   $         (219,541)
    Adjustments to Reconcile Net (Loss)
       to Net Cash Provided (Required) By
       Operating Activities:

  Depreciation and Amortization                                  19,675                 7,515
  Issuance of Common Stock
   For Services Provided                                         50,000                44,800
  Officer's Salary                                               30,000                30,000
     Changes in
     Accounts Receivable                                         36,507                16,056
     Prepaid Expenses                                             8,350                 1,289
     Accounts Payable and Accrued Expenses                       40,590                50,522
     Customer Deposits                                             (200)                    0
     Current Maturities of Long-Term Debt                          (544)              (27,847)
                                                     ------------------    ------------------

Net Cash (Required)
   by Operating Activities                                     (124,708)              (97,206)
                                                     ------------------    ------------------

Cash Flows  (Required)
  by Investing Activities:
       Acquisitions of Property, Plant & Equipment             (184,783)             (135,320)
                                                     ------------------    ------------------

         Net Cash (Required)
            By Investing Activities                            (184,783)             (135,320)
                                                     ------------------    ------------------















      See Accompanying Notes to Condensed Consolidated Financial Statements

                                       -6-



                           ECOLOCLEAN INDUSTRIES, INC.
                 STATEMENTS OF CONDENSED CONSOLIDATED CASH FLOWS
                                   (UNAUDITED)

                                   (CONTINUED)


                                                  Three Months     Three Months
                                                      Ended            Ended
                                                 March 31, 2004   March 31, 2003
                                                 --------------   --------------

Cash Flows Provided by Financing Activities
      Proceeds From Collection of
        Stock Subscriptions                                   0           10,000
      Proceeds From Issuance of Common Stock                  0           25,000
      Proceeds of Loans From
        Related Parties                                 343,891          198,343
                                                 --------------   --------------

Net Cash Provided by Financing Activities               343,891          233,343
                                                 --------------   --------------

Net Increase in Cash                                     34,400              817
Cash at Beginning of Period                               2,532              704
                                                 --------------   --------------
Cash at End of Period                            $       36,932   $        1,521
                                                 ==============   ==============

Supplemental Disclosures of
   Cash Flow Information
      Cash Payments for Interest                 $        3,032   $          102
                                                 ==============   ==============

      Cash Payments for Income Taxes             $            0   $            0
                                                 ==============   ==============
Non-Cash Financing Activities:
   Issuance of Common Stock:
      Operating Activities                       $       50,000   $       44,800
      Payment of Accounts Payable                             0           81,874
                                                 --------------   --------------
      Total Non-Cash Financing Activities        $       50,000   $      126,674
                                                 ==============   ==============
















      See Accompanying Notes to Condensed Consolidated Financial Statements

                                       -7-



                           ECOLOCLEAN INDUSTRIES, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2004



NOTE 1 - BASIS OF PRESENTATION
------   ---------------------

         The accompanying  unaudited condensed consolidated financial statements
         for the three  month  periods  ended  March 31, 2004 and 2003 have been
         prepared in conformity with generally  accepted  accounting  principles
         for interim  financial  information  and with the  instructions to Form
         10-QSB and Regulation S-B. The financial information as of December 31,
         2003 is derived  from the  registrant's  Form 10-KSB for the year ended
         December 31, 2003. Certain information or footnote disclosures normally
         included in condensed  consolidated  financial  statements  prepared in
         accordance with accounting  principles generally accepted in the United
         States of America have been condensed or omitted  pursuant to the rules
         and regulations of the Securities and Exchange Commission.

         The  preparation  of condensed  consolidated  financial  statements  in
         conformity with accounting  principles generally accepted in the United
         States of America requires management to make estimates and assumptions
         that affect the reported  amounts of assets and liabilities at the date
         of the condensed  consolidated  financial  statements  and the reported
         amounts of revenues and expenses  during the reporting  period.  Actual
         results  could  differ  from  those   estimates.   In  the  opinion  of
         management,  the accompanying consolidated financial statements include
         all adjustments  necessary (which are of a normal and recurring nature)
         for  the  fair  presentation  of the  results  of the  interim  periods
         presented. While the registrant believes that the disclosures presented
         are  adequate  to keep the  information  from being  misleading,  it is
         suggested  that  these  accompanying  financial  statements  be read in
         conjunction  with  the  registrant's  audited  consolidated   financial
         statements and notes for the year ended December 31, 2003,  included in
         the registrant's Form 10-KSB for the year ended December 31, 2003.

         Operating  results for the three-month  period ended March 31, 2004 are
         not necessarily  indicative of the results that may be expected for the
         remainder of the fiscal year ending December 31, 2004. The accompanying
         unaudited  condensed  consolidated  financial  statements  include  the
         accounts  of the  registrant  and its  wholly-owned  subsidiaries.  All
         significant   inter-company   accounts  and   transactions   have  been
         eliminated in consolidation.










                                       -8-



                           ECOLOCLEAN INDUSTRIES, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2004



NOTE 2 - LICENSE COSTS
------   -------------

         The Company acquired an industry exclusive, perpetual worldwide license
         to  commercialize  the  inventions on patents and market,  manufacture,
         sell, lease and, or utilize,  for processing  electrocoagulation  units
         for the  treatment  of effluent  water.  Royalties  are $3,000 per unit
         manufactured and 2% of gross processing revenues.

         A summary of license costs amortized over a 5-year life are as follows:

              License                            $     27,993
              Less:  Accumulated Amortization           8,865
                                                 ------------
                                                 $     19,128
                                                 ============

NOTE 3 - PROPERTY, PLANT AND EQUIPMENT
------   -----------------------------

         A summary of  property,  plant and  equipment  at March 31,  2004 is as
         follows:




              Land                                 $    80,000               N/A
              Warehouse                                 29,726          40 Years
              Electrocoagulation Units                 236,249           5 Years
              Machinery & Equipment                    263,326           5 Years
              Office Equipment                           6,607           5 Years
              Computers & Related Equipment             11,101           5 Years
              Transportation Equipment                  25,713           5 Years
                                                   -----------
                   Total                               652,722
              Less Accumulated Depreciation             60,496
                                                   -----------
                 Net Property, Plant & Equipment   $   592,226
                                                   ===========












                                       -9-



                           ECOLOCLEAN INDUSTRIES, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 2004


NOTE 4 - RELATED PARTY TRANSACTIONS
------   --------------------------

         The Board of Directors has approved a salary for services provided.  At
         March 31, 2004 the  cumulative  amount of unpaid  officer's  salary was
         $190,000 and is included in accounts payable and accrued expenses.

         At March 31, 2004 cumulative  advances  bearing interest at 5% P.A. due
         to officers of the Company  amounted to $1,119,260 plus $35,207 accrued
         interest.  The  advances  are due  January  10,  2005 with the right of
         prepayment.

NOTE 5 - OTHER
------   -----

         On January 2, 2004, the Company approved the issuance of 100,000 shares
         of restricted  common stock for consulting  services valued at $50,000.
         These shares were issued March 15, 2004.























                                      -10-







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

OVERVIEW AND PLAN OF OPERATION

During  the  quarter  ending  March 31,  2004 the  Company  had gross  operating
revenues  of  $138,727.   These   revenues  were   generated  by  our  Louisiana
subsidiaries,  World Environmental Technologies, Inc. (WET) and Reliant Drilling
Systems, Inc. (RDS).

The Company is becoming well known as a leader in the field of industrial liquid
& solids  waste  remediation.  The company is able to use its  patented  Electro
Coagulation (EC) treatment systems and support  technologies to deal with a wide
variety of liquid waste streams.

During 2004,  the Company has continued to be contacted in regard to our electro
coagulation  process  and our solids  control  capabilities.  Currently,  we are
handling the solids control program on a well for a major producing oil company.
We are standing by for 2 more  locations for another major oil producer.  All of
these wells are located in the South Louisiana area.

The  Company  was  invited  to be the  principal  exhibitor  at The Dairy  Waste
Technology Tour held by the Hamilton,  Comanche and Erath County Dairy Operators
on April 15, 2004. This exhibition was attended by 104 dairy farmers in the area
and the Company was applauded for its effectiveness  and equipment.  As outlined
previously, the dairy industry has a difficult time removing solids and reducing
the phosphate  levels from their dairy farm waste. We have  previously  shown to
The Texas A&M Extension Service and other State and Government  Agencies that we
can  successfully  remove most of the phosphate  contaminates  from dairy waste,
thus  allowing  the dairy farms to be in  compliance  with the State and Federal
Regulations pertaining to dairy waste.

The Company has also been invited to be the featured  process to be exhibited at
the 2004  Watershed  Heroes Core4  Conference to be held at Waco,  Texas on June
21-23,  2004  sponsored by The American  Farm Bureau  Federation,  American Farm
Bureau Foundation for Agriculture,  and The Texas Farm Bureau  Federation.  This
conference  is directed at the problem of  pollution in Lake Waco and the Bosque
Watershed  that  feeds  into Lake  Waco  which  has been  caused  by farm  waste
originating in Hamilton, Comanche and Erath Counties, Texas located north of the
lake.

The Company continues to explore new ways to be of service to our customers.  By
utilizing our State Wide Water Discharge  Permit,  the formation of RDS, and the
employment  of  Mr.  John  Cale  with  his  reputation  in the  industry  we are
continuing our mission to become a leader in industrial  waste  remediation.  In
the ensuing 12 months we anticipate  that all of our existing 3 EC units and the
solids  control  equipment  now  owned by RDS will be in  operation  on a nearly
continual  basis at  various  drilling  sites  and at other  types of  locations
needing our services.

At this time,  there is not sufficient  income to offset our operating  overhead
which is now estimated at approximately $1,200,000 per year. Until we obtain the
amount of work  required to meet our total  costs,  it may be necessary to go to
the investment  community for additional capital by way of private placements of
our stock and, or call upon our officers and  directors for  assistance.  During
the period ending  03/31/04 our  President,  Royis Ward, has provided a total of
$343,891 in advances to the Company to offset our  operating  deficit.  Mr. Ward
has indicated a willingness to continue  providing funds until such time as cash
flows can offset operating overhead.



                                      -11-


The Company plans to continue it efforts to obtain capital from outside  sources
while  aggressively  marketing  its  services so that  revenues can fully offset
operating expenses.

RESULTS OF OPERATIONS

REVENUES:  The Company reported  revenues of $138,727 for the three months ended
March 31, 2004 as compared with $0 revenues for the three months ended March 31,
2003. The increased  revenue was due to the availability of our "Water Discharge
Permit" that was issued early this year and the  initiation of activities by our
solids control affiliate.

TOTAL COSTS AND EXPENSES:  Total costs and expenses  increased from $219,541 for
the three  months  ended March 31, 2003 to $447,813  for the three  months ended
March 31, 2004.

OPERATING  EXPENSES:  Operating  expenses  increased  from $21,676 for the three
months  ended  March 31, 2003 to $78,766  for the three  months  ended March 31,
2004. The increase of $57,090 was primarily due to ramping up support activities
in anticipation of increased business.

SELLING, GENERAL AND ADMINSTRATIVE EXPENSES: Selling, general and administrative
expenses  increased  from  $157,739 for the three months ended March 31, 2003 to
$256,221 for the three months ended March 31, 2004.  The increase of $98,482 was
primarily due to increased consulting fees and additional sales,  management and
administrative personnel costs.

INCOME TAX: The pretax loss increased from ($219,541) for the three months ended
March 31, 2003 to  ($309,036)  for the three  months  ended March 31,  2004,  an
increased loss of $89,545.

LIQUIDITY AND CAPITAL RESOURCES:  Capital  expenditures  during the three months
ended March 31, 2004 totaled  $184,783 as compared  with  $135,320 for the three
months ended March 31, 2003.  The increase of $49,463  represents  capital asset
purchases and costs of $110,000 for our solids control division,  $64,793 for an
Elc Unit and related  equipment  construction and $9,990 of office furniture and
equipment,  computers and machinary  and  equipment  expended  duing the quarter
ended March 31, 2004  compared  with a $109,000  cost of qcquiring our warehouse
building in Louisiana  and $26,320 spent for other  operating  assets during the
quarter ended March 31, 2003.

Total debt increased from $1,291,606 at December 31, 2003 to $1,705,543 at March
31, 2004.  Total debt as of March 31, 2004 and December 31, 2003  expressed as a
percentage  of the sum of total debt and  shareholders'  equity was  232.35% and
223.00% respectively.

Net loss for the three months ended March 31, 2004 was ($309,086) an increase of
140.79%  from the net loss of  ($219,541)  for the three  months ended March 31,
2003.  Diluted net loss per common share  remained at ($0.01).  The net loss per
share calculation for the three months ended March 31, 2004 included an increase
in actual and equivalent shares outstanding.


                                      -12-


Item 3.  Controls and Procedures

(a) Evaluation of Disclosure Controls and Procedures.

         Within the 90 days prior to the date of this  Quarterly  Report for the
period ended March 31, 2004, we carried out an evaluation, under the supervision
and with the participation of our management,  including the Company's  Chairman
and  Chief  Executive   Officer  and  the  Chief  Financial   Officer,   of  the
effectiveness  of the  design  and  operation  of our  disclosure  controls  and
procedures  pursuant to Rule 13a-14 of the Securities  Exchange Act of 1934 (the
"Exchange Act"), which disclosure controls and procedures are designed to insure
that  information  required to be  disclosed by a company in the reports that it
files under the  Exchange Act is recorded,  processed,  summarized  and reported
within required time periods specified by the SEC's rules and forms.  Based upon
that evaluation, the Chairman and the Chief Financial Officer concluded that our
disclosure  controls and  procedures  are  effective in timely  alerting them to
material  information  relating  to the  Company  required to be included in the
Company's period SEC filings.

(b) Changes in Internal Control.

         Subsequent to the date of such  evaluation as described in subparagraph
(a)above,  there were no significant  changes in our internal  controls or other
factors that could significantly affect these controls, including any corrective
action with regard to significant deficiencies and material weaknesses.
























                                      -13-


                           PART II - OTHER INFORMATION


Item 1.  Legal Proceedings

         None.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

         During the first  quarter of 2004 the Company  authorized,  offered and
sold the  following  securities  pursuant to  exemptions  from the  registration
requirements of the Securities Act of 1933, as amended (the "Securities Act").

         On March 15, 2004, we issued the members of Rage Resources, LLC 100,000
common shares for business consulting services.  We issued Gary Alexander and C.
James  Rogers  33,333  common  shares each.  We issued  Terry Gee 33,334  common
shares. The value of the business services was $50,000.

         We believe the shares issued above were issued in private  transactions
pursuant  to  Section  4(2) of the  Securities  Act of 1933,  as  amended,  (the
"Securities Act"). These shares are considered restricted securities and may not
be publicly resold unless  registered for resale with  appropriate  governmental
agencies or unless exempt from any applicable registration requirements.

Item 3.  Defaults Upon Senior Securities

         None.

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

         No matter was submitted to a vote of the security holders,  through the
solicitation  of proxies or  otherwise,  during the  quarter of the fiscal  year
covered by this report.

Item 5.  Other Information

         None.

Item 6.  Exhibits and Reports on Form 8-K

a)       Exhibits

      Exhibit No.                Exhibit Name

         31.1              Chief  Executive  Officer-Section  302  Certification
                           pursuant to Sarbane-Oxley Act.
         31.2              Chief Financial  Officer-  Section 302  Certification
                           pursuant to Sarbane-Oxley Act.
         32.1              Chief  Executive  Officer-Section  906  Certification
                           pursuant to Sarbane-Oxley Act.
         32.2              Chief Financial  Officer-  Section 906  Certification
                           pursuant to Sarbane-Oxley Act.

(b)      Reports  on Form 8-K.  During  the first  quarter  of 2004 we filed one
Current  Report on Form 8-K on February 11, 2004  reporting  under Item 5, Other
Events.


                                      -14-


                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                                                     ECOLOCLEAN INDUSTRIES, INC.

                                                      /s/ Royis Ward
Dated: May 14, 2004                                  ---------------------------
                                                     By: Royis Ward
                                                     Title: President, CEO


                                                      /s/ Michael Ward
Dated: May 14, 2004                                  ---------------------------
                                                     By:  Michael Ward
                                                     Title: Secretary, CFO






























                                      -15-