UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 10-QSB

[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

[  ]      Transition Report p ursuant to 13 or 15(d) of the Securities Exchange Act of 1934

           For the transition period ___________________ to _________________________

           Commission File Number         0-25827       

BRADEN TECHNOLOGIES INC.
____________________________________________________________________________________
(Exact name of small Business Issuer as specified in its charter)

Nevada	88-0419475
(State or other jurisdiction of	(IRS Employer Identification No.)
incorporation or organization)
Suite 306 - 1140 Homer Street
Vancouver, British Columbia, Canada	V6B 2X6
(Address of principal executive offices)	(Zip Code)
Issuer’s telephone number, including area code:	604-689-1659

_________________________________________________________________________________________
(Former name, former address and former fiscal year, if changed since last report)

Check whether the issuer (1) 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 issuer was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days [ X ] Yes [  ] No

State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 2,850,000 Shares of $.001 par value Class A Common Stock outstanding as of September 30, 2002.

PART 1 - FINANCIAL INFORMATION

Item 1.         Financial Statements

The accompanying unaudited financial statements have been prepared in accordance with the instructions to Form 10-QSB and Item 310 (b) of Regulation S-B, 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 nine months ended September 30, 2002 are not necessarily indicativ e of the results that can be expected for the year ending December 31, 2002.

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

FINANCIAL STATEMENTS

SEPTEMBER 30, 2002
(Unaudited)
(Stated in U.S. Dollars)

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

BALANCE SHEET (RESTATED – NOTE 6)
(Unaudited)
(Stated in U.S. Dollars)

		SEPTEMBER 30			DECEMBER 31
		2002			2001
ASSETS
Current
Cash	$	27		$	1,393
Mineral Property interest (Note 3)		-			-
	$	27		$	1,393
LIABILITIES
Current
Accounts payable	$	58,719		$	40,682
SHAREHOLDERS’ DEFICIENCY
Share Capital
Authorized:
25,000,000 common shares, par value $0.001 per share
Issued and outstanding:
2,850,000 common shares		2,850			2,850
Additional paid-in capital		44,650			44,650
Deficit Accumulated During The Exploration Stage		(106,192	)		(86,789	)
		(58,692	)		(39,289	)
	$	27		$	1,393

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

STATEMENT OF LOSS AND DEFICIT (RESTATED – NOTE 6)
(Unaudited)
(Stated in U.S. Dollars)

											INCEPTION
											FEBRUARY
		THREE MONTHS ENDED					NINE MONTHS ENDED				2000 TO
		SEPTEMBER 30					SEPTEMBER 30				SEPTEMBER 30
		2002			2001		2002		2001		2002
Expenses
Bank charges, interest and
foreign exchange	$	(558	)	$	161	$	241	$	408	$	986
Mineral property
acquisition payments
and exploration		-			-		-		-		4,972
expenditures
Professional fe es		237			546		4,973		2,887		45,213
Office and sundry		370			772		422		1,332		6,826
Office facilities and
services		3,000			3,000		9,000		9,000		43,428
Travel and business
promotion		4,767			-		4,767		-		4,767
Net Loss For The Period		7,816			4,479		19,403		13,627	$	106,192
Deficit Accumulated During
The Exploration Stage,
Beginning Of Period, as
previously reported		98,376			77,068		86,789		67,920
Prior Period Adjustment
(Note 7)		-			1,000		-		1,000
Deficit Accumulated During
The Exploration Stage,
Beginning Of Period, as
restated		98,376			78,068		86,789		68,920
Deficit Accumulated During
The Exploration Stage, End
Of Period	$	106,192		$	82,547	$	106,192	$	82,547
Net Loss Per Share	$	0.01		$	0.01	$	0.01	$	0.01
Weighted Average Number
Of Shares Outstanding		2,850,000			2,850,000		2,850,000		2,850,000

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

STATEMENT OF CASH FLOWS (RESTATED – NOTE 6)
(Unaudited)
(Stated in U.S. Dollars)

														INCEPTION
														FEBRUARY 17
		THREE MONTHS ENDED						NINE MONTHS ENDED						2000 TO
		SEPTEMBER 30						SEPTEMBER 30						SEPTEMBER 30
		2002			2001			2002			2001			2002
Cash Flows From Operating
Activities
Net loss for the period	$	(7,816	)	$	(4,479	)	$	(19,403	)	$	(13,627	)	$	(106,192	)
Adjustment To Reconcile Net
Loss To Net Cash Used By
Operating Activities
Change in accounts payable		7,817			4,405			18,037			13,399			58,719
		1			(74	)		(1,366	)		(228	)		(47,473	)
Cash Flows From Financing Activity
Share capital issued		-			-			-			-			47,500
Increase (Decrease) In Cash		1			(74	)		(1,366	)		(228	)		27
Cash, Beginning Of Period		26			1,548			1,393			1,702			-
Cash, End Of Period	$	27		$	1,474		$	27		$	1,474		$	27

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

STATEMENT OF STOCKHOLDERS’ DEFICIENCY (RESTATED – NOTE 6)

SEPTEMBER 30, 2002
(Unaudited)(Stated in U.S. Dollars)

	COMMON STOCK
					ADDITIONAL
					PAID-IN
	SHARES		AMOUNT		CAPITAL		DEFICIT			TOTAL
Shares issued for cash at
$0.01	2,750,000	$	2,750	$	24,750	$	-		$	27,500
Shares issued for cash at
$0.20	100,000		100		19,900		-			20,000
Net loss for the period	-		-		-		(42,523	)		(42,523	)
Balance, December 31, 1999	2,850,000		2,850		44,650		(42,523	)		4,977
Net loss for the year	-		-		-		(26,397	)		(26,397	)
Balance, December 31, 2000	2,850,000		2,850		44,650		(68,920	)		(21,420	)
Net loss for the period	-		-		-		(17,869	)		(17,869	)
Balance, December 31, 2001	2,850,000		2,850		44,650		(86,789	)		(39,289	)
Net loss for the period	-		-		-		(19,403	)		(19,403	)
Balance, September 30, 2002	2,850,000	$	2,850	$	44,650	$	(106,192	)	$	(58,692	)

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

NOTES TO FINANCIAL STATEMENTS

SEPTEMBER 30, 2002
(Unaudited)
(Stated in U.S. Dollars)

1.       BASIS OF PRESENTATION

The unaudited financial statements as of September 30, 2002 included herein have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with United States generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. It is suggested that these consolidated financial statements be read in conjunction with the December 31, 2001 audited financial statements and notes thereto.

2.       NATURE OF OPERATIONS

a)       Organization

The Company was incorporated in the State of Nevada, U.S.A. on February 17, 1999.

b)       Exploration Stage Activities

The Company has been in the exploration stage since its formation and has not yet realized any revenues from its planned operations. It is primarily engaged in the acquisition and exploration of mining properties. Upon location of a commercial minable reserve, the Company expects to actively prepare the site for its extraction and enter a development stage.

c)       Going Concern

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has incurred a net loss of $106,192 for the period from inception, February 17, 1999, to September 30, 2002, and has no sales. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its mineral properties. Management has plans to seek additional capital through a private placement and public offering of its common stock. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of, and classification of, liabilities that might be necessary in the event the Company cannot continue in existence.

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

NOTES TO FINANCIAL STATEMENTS

SEPTEMBER 30, 2002
(Unaudited)
(Stated in U.S. Dollars)

3.       SIGNIFICANT ACCOUNTING POLICIES

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgement.

The financial statements have, in management’s opinion, been properly prepared within reasonable limits of materiality and within the framework of the significant accounting policies summarized below:

a)       Mineral Property Acquisition Payments and Exploration Costs

The Company expenses all costs related to the acquisition and exploration of mineral claims in which it has secured exploration rights prior to establishment of proven and probable reserves. To date, the Company has not established the commercial feasibility of its mineral property, therefore, all exploration expenditures are being expensed.

b)       Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires 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 statements, and the reported amounts of revenues and expenses for the reporting period. Actual results could differ from these estimates.

c)       Foreign Currency Translation

The Company’s functional currency is the U.S. dollar. Transactions in foreign currency are translated into U.S. dollars as follows:

i)    monetary items at the rate prevailing at the balance sheet date;
ii)   non-monetary items at the historical exchange rate;
iii)  revenue and expense at the average rate in effect during the applicable accounting period.

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

NOTES TO FINANCIAL STATEMENTS

SEPTEMBER 30, 2002
(Unaudited)
(Stated in U.S. Dollars)

3.       SIGNIFICANT ACCOUNTING POLICIES (Continued)

a)       Income Taxes

The Company has adopted Statement of Financial Accounting Standards No. 109 –“Accounting for Income Taxes” (SFAS 109). This standard requires the use of an asset and liability approach for financial accounting and reporting on income taxes. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized.

b)       Net Loss Per Share

The net loss per share is calculated using the weighted average number of common shares outstanding during the year. Fully diluted loss per share is not presented, as the impact of the exercise of options is anti -dilutive.

4.       MINERAL PROPERTY

The Company has entered into an option agreement, dated February 18, 1999, as amended, to acquire a 50% interest in the Secret Basin, Nevada property for the following consideration:

- cash payment of U.S. $1,000 (paid);
- exploration expenditures totalling U.S.$10,000 by December 31, 2002;
- exploration expenditures totalling U.S. $250,000 by June 30, 2003.

5.       CONTINGENCY

Mineral Property

The Company’s mineral property interest has been acquired pursuant to an option agreement. In order to retain its interest, the Company must satisfy the terms of the option agreement described in Note 4.

BRADEN TECHNOLOGIES, INC.
(An Exploration Stage Company)

NOTES TO FINANCIAL STATEMENTS

SEPTEMBER 30, 2002
(Unaudited)
(Stated in U.S. Dollars)

6.       PRIOR PERIOD ADJUSTMENT

During the year ended December 31, 2001, the Company adjusted its accounting for mineral property option payments which had previously been capitalized. The adjustment was made in order to reflect the initial expensing of all costs related to the maintenance and exploration of mineral property interests where commercial feasibility has not been established. The adjustment results in the following changes:

		2001			2000
Decrease in mineral property interest	$	(1,000	)	$	(1,000	)
Increase in deficit		1,000			1,000

Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The Company is a natural resource company engaged in the acquisition, exploration and development of mineral properties. The Company has an interest in certain properties located in Nevada, and intends to carry out exploration work on this property in order to ascertain whether it possesses commercially developable quantities of gold and other precious minerals.

The Company holds an option agreement from Miranda Diamond Corp. (“Miranda”) to acquire a 50% interest in the “Secret Basin” project situated in the State of Nevada (the "Basin claims"). The consideration paid by the Company to Miranda for the grant of the Option at the time of execution was $1,000 US. The Option is exercisable by the Company incurring the following property exploration expenditures on the Basin claims:

1. Under an amended agreement dated June 24, 2002 the Company must perform initial exploration expenditures in the amount of $10,000 US by December 31, 2002; and

2. Cumulative exploration expenditures in the amount of $250,000 US by June 30, 2003.

The Company has not incurred exploration expenditures to date on the Basin Claims which can be applied towards exercise of the Option.

Upon the Company acquiring a 50% interest in the Basin claims by exercise of the Option, the Company and Miranda will enter into a joint venture for the purpose of further exploring and developing and, if economically and politically feasible, constructing and operating a mine on the Basin claims.

Plan of Operations

With its current cash position, the Company cannot complete Phase I without additional financing. The approximate cost of the Phase I work program is $10,000. If the Company is not successful in raising additional financing, the Company may attempt to negotiate another extension to the date for the completion of the required exploration expenses under the option agreement. If the Company does not negotiate an extension then the Company’s interest in the property will terminate. There is no assurance that the Company will be able to negotiate any extension or obtain additional financing if an extension is negotiated.

Completion of Phase Two of the exploration program is conditional upon completion of Phase I. If the Company determines to proceed with Phase Two, it will need additional financing which it intends to obtain through a private offering of stock to accredited investors under Regulation D of the Securities Act of 1933.

The Company’s primary source of funds since incorporation has been through the issue of its common stock. The Company has no revenue from mining to date and does not anticipate mining revenues in the foreseeable future.

The Company had cash on hand in the amount of $27 as of September 30, 2002 compared to $26 for the period ending June 30, 2002. The Company will require additional funding in order to complete Phase I of the exploration program.

The Company’s general and administrative expenses were $7,816 for the three month period ending September 30, 2002. Of the above amount, $3,000 was paid to Senate Capital under the management services agreement. There are limited resources to continue paying the fee of $1,000 per month under the Management Agreement with Senate Capital. The Company will require additional funding in order to finance its ongoing general and administrative expenses. There is no assurance that the Company will obtain the necessary financing.

The Company incurred professional fees of $237 for the three month period ending September 30, 2002.

In addition, the Company does not have sufficient cash to pay for its overhead expenses including professional fees associated with the Company’s ongoing obligations as a reporting company under the Securities Exchange Act of 1934.

The Company has not purchased or sold any plant or significant equipment and does not expect to do so in the foreseeable future.

The Company currently has no employees, and does not expect to hire any employees in the foreseeable future. The Company conducts its business through agreements with consultants and arms-length third parties.

CAUTIONARY STATEMENT FOR PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

From time to time, the “Company will make written and oral forward-looking statements about matters that involve risk and uncertainties that could cause actual results to differ materially from projected results. Important factors that could cause actual results to differ materially include, among others:

• Fluctuations in the market prices of gold
• General domestic and international economic and political conditions
• Unexpected geological conditions or rock instability conditions resulting in cave -ins, flooding, rock-bursts or rock slides
• Difficulties associated with managing complex operations in remote areas
• Unanticipated milling and other processing problems
• The speculative nature of mineral exploration
• Environmental risks
• Changes in laws and government regulations, including those relating to taxes and the environment
• The availability and timing of receipt of necessary governmental permits and approval relating to operations, expansion of operations, and financing of operations
• Fluctuations in interest rates and other adverse financial market conditions
• Other unanticipated difficulties in obtaining necessary financing
• The failure of equipment or processes to operate in accordance with specifications or expectations
• Labor relations
• Accidents
• Unusual weather or operating conditions
• Force majeure events
• Other risk factors described from time to time in the Company’s filings with the Securities and Exchange Commission.

Many of these factors are beyond the Company’s ability to control and predict. Investors are cautioned not to place undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update its forward-looking statements, whether as a result of receiving new information, the occurrence of future events, or otherwise.

SIGNATURES

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BRADEN TECHNOLOGIES INC.

Date: November 13, 2002

By:	“Peter Bell”
	PETER BELL, Director, President
	Chief Executive Officer