UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

[ x ]              QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                           OF THE SECURITIES AND EXCHANGE ACT OF 1934

                    For the Quarter ended September 30, 2003

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



                          Commission File No. 000-32603

                       Historical Autographs U.S.A., Inc.
                       ----------------------------------
                 (Name of Small Business Issuer in its charter)

     Nevada                                                       91-1955323
     ------                                                       ----------
     (State or other jurisdiction of                        (I.R.S. Employer
     incorporation or organization                       Identification No.)

                     516 W. Sprague Ave., Spokane, WA 99201
                     --------------------------------------
                    (Address of principal executive offices)

                                 (509) 744-8590
                                 --------------
                 (Issuer's Telephone Number Including Area Code)


               (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 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
                                    ---        ---


State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practical date:

Title of each class of Common Stock              Outstanding at October 28, 2003
-----------------------------------              -------------------------------

Common Stock, $0.001 par value                             1,220,000


           Transitional Small Business Disclosure Format (check one):
                                  Yes        No  x
                                       ---      ---





                                TABLE OF CONTENTS

            FORM 10-QSB REPORT - FOR QUARTER ENDED SEPTEMBER 30, 2003

                       Historical Autographs U.S.A., Inc.

PART I

     Item 1. Financial Statements
             Condensed Balance Sheets -
             September 30, 2003  (unaudited) and December 31, 2002 (audited)   3

             Condensed Statements of Operations                                4
             Three Months and Nine Month ended September 30, 2003 and 2002

             Condensed Statement of Stockholders' Equity                       5

             Condensed Statements of Cash Flows                                6
             Nine Months ended September 30, 2003 and 2002

             Notes to Financial Statements                                     7

     Item 2. Management's Discussion and Analysis or Plan of Operation        11
     Item 3. Controls and Procedures                                          13

PART II

     Item 1. Legal Proceedings                                                13
     Item 2. Change in Securities                                             13
     Item 3. Defaults Upon Senior Securities                                  13
     Item 4. Submission of Matters to a vote of Security Holders              13
     Item 5. Other Information                                                13
     Item 6. Exhibits and Reports on Form 8-K                                 13

SIGNATURE PAGE                                                                15

                                       2



                                     PART I

ITEM 1.  FINANCIAL STATEMENTS


                       HISTORICAL AUTOGRAPHS U.S.A., INC.
                                 BALANCE SHEETS



                                                                September 30,
                                                                     2003    December 31,
                                                                 (unaudited)     2002
                                                                 ----------   ---------
                                                                        
ASSETS

    CURRENT ASSETS
        Cash                                                     $     237    $      30
        Accounts receivable                                             --        6,000
        Inventory                                                   74,860       72,960
                                                                 ----------   ---------
            TOTAL CURRENT ASSETS                                    75,097       78,990
                                                                 ----------   ---------

TOTAL ASSETS                                                     $  75,097    $  78,990
                                                                 =========    =========


LIABILITIES AND STOCKHOLDERS' EQUITY

    CURRENT LIABILITIES
        Accounts payable                                         $   6,304    $   1,200
        Commissions payable - related party                          1,020          660
        Sales tax payable                                               --           --
        Interest payable                                                15           --
        Loan                                                           500          500
        Loan from officer                                               50           --
                                                                 ----------   ---------
            TOTAL CURRENT LIABILITIES                                7,889        2,360
                                                                 ----------   ---------

    COMMITMENTS AND CONTINGENCIES                                       --           --
                                                                 ----------   ---------

    STOCKHOLDERS' EQUITY
        Preferred stock, 5,000,000 shares authorized,
            $0.001 par value; no shares issued and outstanding          --           --
        Common stock, 25,000,000 shares authorized,
            $0.001 par value; 610,000 shares
             issued and outstanding                                    610          610
        Additional paid-in capital                                 114,390      114,390
        Accumulated deficit                                        (47,792)     (38,370)
                                                                 ----------   ---------
            TOTAL STOCKHOLDERS' EQUITY                              67,208       76,630
                                                                 ----------   ---------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                       $  75,097    $  78,990
                                                                 =========    =========


                            See accompanying notes.

                                       3



                       HISTORICAL AUTOGRAPHS U.S.A., INC.
                            STATEMENTS OF OPERATIONS



                                                      Three Months Ended          Nine Months Ended
                                                 --------------------------- -----------------------------
                                                 September 30, September 30, September 30,  September 30,
                                                     2003          2002          2003           2002
                                                  (unaudited)  (unaudited)   (unaudited)     (unaudited)
                                                  ---------     --------      ---------       ---------
                                                                                  
SALES                                             $   6,000     $      -      $   6,000       $   8,500

COST OF GOODS SOLD                                    3,500            -          3,500           4,761
                                                  ---------     --------      ---------       ---------

GROSS PROFIT                                          2,500            -          2,500           3,739


EXPENSES
     Marketing                                           80          120            357             360
     Rent                                               900          900          2,700           2,700
     General and administrative                         160           76            392             689
     Legal and accounting                             2,879        3,255          7,222          15,110
     Consulting                                           -          116              -           1,575
     Stock transfer and resident agent fees               -           27            819             971
     Commissions                                        360            -            360             510
                                                  ---------     --------      ---------       ---------
          TOTAL EXPENSES                              4,379        4,494         11,850          21,913
                                                  ---------     --------      ---------       ---------

LOSS FROM OPERATIONS                                 (1,879)      (4,494)        (9,350)        (18,174)

OTHER EXPENSE
     Interest expense                                   (29)           -            (72)            (12)
                                                  ---------     --------      ---------       ---------
          TOTAL OTHER EXPENSES                          (29)           -            (72)            (12)
                                                  ---------     --------      ---------       ---------

LOSS BEFORE INCOME TAXES                             (1,908)      (4,494)        (9,422)        (18,186)

INCOME TAXES                                              -            -              -               -
                                                  ---------     --------      ---------       ---------

NET LOSS                                          $  (1,908)    $ (4,494)     $  (9,422)      $ (18,186)
                                                  =========     ========      =========       =========

     NET LOSS PER COMMON SHARE,
          BASIC AND DILUTED                       $   (0.00)    $  (0.01)     $   (0.02)      $   (0.03)
                                                  =========     ========      =========       =========

     WEIGHTED AVERAGE NUMBER OF
          COMMON STOCK SHARES
          OUTSTANDING, BASIC AND DILUTED            610,000      610,000        610,000         596,250
                                                  =========     ========      =========       =========


                            See accompanying notes.

                                       4



                       HISTORICAL AUTOGRAPHS U.S.A., INC.
                        STATEMENT OF STOCKHOLDERS' EQUITY


                                                      Common Stock
                                                   ------------------
                                                                      Additional                  Total
                                                    Number              Paid-in   Accumulated  Stockholders'
                                                   of Shares  Amount    Capital     Deficit       Equity
                                                   ---------  ------  ----------  -----------  -------------
                                                                                
Balance, December 31, 2001                         $ 585,000  $  585  $   89,415  $   (18,116) $      71,884

Common stock issued for cash at $1.00 per share       25,000      25      24,975            -         25,000

Net loss for the year ended December 31, 2002              -       -           -      (20,254)       (20,254)
                                                   ---------  ------   ---------   ----------  -------------

Balance, December 31, 2002                           610,000     610     114,390      (38,370)        76,630

Net loss for the period ended September 30, 2003           -       -           -       (9,422)        (9,422)
                                                   ---------  ------   ---------   ----------  -------------

Balance, September 30, 2003 (unaudited)              610,000  $  610   $ 114,390   $  (47,792) $      67,208
                                                   =========  ======   =========   ==========  =============


                            See accompanying notes.

                                       5



                       HISTORICAL AUTOGRAPHS U.S.A., INC.
                            STATEMENTS OF CASH FLOWS


                                                                             Nine Months Ended
                                                                        ----------------------------
                                                                        September 30,  September 30,
                                                                             2003          2002
                                                                         (unaudited)   (unaudited)
                                                                          --------      --------
                                                                                  
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net loss                                                               $ (9,422)     $(18,186)
   Adjustments to reconcile net loss
     to net cash provided (used) in operating activities:
   Decrease (increase) in inventory                                         (1,900)         (239)
   Increase in accrued rent                                                     --            --
   Increase (decrease) in accounts payable                                   5,104        (1,236)
   Decrease in Accounts Receivable                                           6,000
   Increase (decrease) in sales tax payable                                     --        (1,546)
   Increase in interest payable                                                 15            --
   Increase (decrease) in commissions payable                                  360        (4,158)
                                                                          --------      --------
Net cash provided (used) in operating activities                               157       (25,365)
                                                                          --------      --------

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

CASH FLOWS FROM FINANCING ACTIVITIES:
   Decrease in loans payable                                                    50            --
   Common stock issued for cash                                                 --        25,000
                                                                          --------      --------
Net cash provided (used) by financing activities                                50        25,000
                                                                          --------      --------

Change in cash                                                                 207          (365)

Cash, beginning of period                                                       30         1,703
                                                                          --------      --------
Cash, end of period                                                       $    237      $  1,338
                                                                          ========      ========

SUPPLEMENTAL CASH FLOW DISCLOSURES:
Interest paid                                                             $     --      $     --
                                                                          ========      ========
Income taxes paid                                                         $     --      $     --
                                                                          ========      ========


                            See accompanying notes.

                                       6



HISTORICAL AUTOGRAPHS U.S.A., INC.
Condensed Notes to Financial Statements
September 30, 2003
--------------------------------------------------------------------------------

NOTE 1 - BASIS OF PRESENTATION OF UNAUDITED INTERIM FINANCIAL INFORMATION

The accompanying unaudited financial statements have been prepared in accordance
with accounting  principles  generally  accepted in the United States of America
for interim  financial  statements and with instructions to Form 10-QSB pursuant
to  the  rules  and  regulations  of the  Securities  and  Exchange  Commission.
Accordingly,  they do not include all of the information  required by accounting
principles  generally  accepted  in the United  States of America  for  complete
financial  statements.  The accompanying  financial statements should be read in
conjunction with the audited financial statements of the Company included in the
Company's December 31, 2002 Annual Report on Form 10-KSB.

In the  opinion  of  management,  all  adjustments,  consisting  only of  normal
recurring  accruals  considered  necessary  for a fair  presentation,  have been
included.  The results of operations for the nine-month  period ended  September
30, 2003 are not necessarily  representative of operating results to be expected
for the entire fiscal year.

NOTE 2 - ACCOUNTING POLICIES

Use of Estimates
----------------

The process of preparing  financial  statements  in conformity  with  accounting
principles  generally  accepted in the United States of America requires the use
of estimates and  assumptions  regarding  certain types of assets,  liabilities,
revenues,   and  expenses.   Such  estimates   primarily   relate  to  unsettled
transactions and events as of the date of the financial statements. Accordingly,
upon settlement,  actual results may differ from estimated amounts. At September
30, 2003, the Company had not participated in consignment or conditional  sales;
therefore,  there  are no  unsettled  transactions  related  to sales or cost of
sales.

Reclassifications
-----------------

Certain  amounts from prior periods have been  reclassified  to conform with the
current period presentation. These reclassifications have resulted in no changes
to the Company's accumulated deficit or net losses presented.

Inventories
-----------

Inventories  are accounted  for using the specific  identification  method,  and
stated at the lower of cost or market,  with  market  representing  the lower of
replacement cost or estimated net realizable value. The Company has no insurance
coverage on its inventory.

The Company has no  inventory on  consignment  at  September  30,  2003.  In the
future, if the Company consigns inventory,  it will retain title and will insure
the inventory until the inventory is sold, returned,  lost, stolen,  damaged, or
destroyed.

Revenue and Cost Recognition
----------------------------

Revenues  from  retail  sales  are  recognized  at the  time  the  products  are
delivered.

                                       7

HISTORICAL AUTOGRAPHS U.S.A., INC.
Condensed Notes to Financial Statements
September 30, 2003
--------------------------------------------------------------------------------

NOTE 2 - ACCOUNTING POLICIES (continued)


Revenue and Cost Recognition (continued)
----------------------------------------

Although the Company does not provide a written  warranty on its items sold, the
Company will refund the purchase  price paid to any customer in those  instances
when an item sold is proven to be non-authentic. In a majority of instances, the
Company receives a certificate of authenticity for documents  (items)  purchased
from its vendors and is reasonably assured as to the provenance of its products.
Since  inception,  the  Company  has  made no  refunds  for the sale of any non-
authentic items nor has the Company received any claims or notice of prospective
claims  relating to such items.  Accordingly,  the Company has not established a
reserve against forgery or nonauthenticity.

If a product proves not to be authentic, a full refund is given to the purchaser
and a charge against sales and related costs is recorded.

Going Concern
-------------

The  accompanying  financial  statements  have been  prepared  assuming that the
Company will continue as a going  concern.  For the nine months ended  September
30,  2003,  the  Company  has a net loss of $9,422,  an  accumulated  deficit of
$47,792 and limited cash resources.  These  conditions raise  substantial  doubt
about the Company's  ability to continue as a going  concern.  The future of the
Company is  dependent  upon its  ability  to obtain  financing  and upon  future
profitable  operations  from  the  commercial  success  of its  retail  venture.
Management's plans are to seek additional capital through sales of the Company's
stock.

The  financial  statements  do  not  include  any  adjustments  relating  to the
recoverability  and  classification  of  recorded  assets,  or the  amounts  and
classification  of liabilities  that might be necessary in the event the Company
cannot continue in existence.

Recent Accounting Pronouncements
--------------------------------

In May 2003,  the  Financial  Accounting  Standards  Board  issued  Statement of
Financial  Accounting  Standards  No. 150,  "Accounting  for  Certain  Financial
Instruments with  Characteristics  of Both Liabilities and Equity"  (hereinafter
"SFAS  No.  150").  SFAS No.  150  establishes  standards  for  classifying  and
measuring certain financial instruments with characteristics of both liabilities
and equity and requires that those  instruments  be classified as liabilities in
statements of financial  position.  Previously,  many of those  instruments were
classified  as  equity.  SFAS No. 150 is  effective  for  financial  instruments
entered  into or modified  after May 31, 2003 and  otherwise is effective at the
beginning of the first interim period beginning after June 15, 2003. The Company
has not yet determined the impact of the adoption of this statement.

In April 2003,  the Financial  Accounting  Standards  Board issued  Statement of
Financial   Accounting  Standards  No.  149,  "Amendment  of  Statement  133  on
Derivative  Instruments and Hedging  Activities"  (hereinafter  "SFAS No. 149").
SFAS No. 149 amends and clarifies the  accounting  for  derivative  instruments,
including certain derivative instruments embedded in

                                       8


HISTORICAL AUTOGRAPHS U.S.A., INC.
Condensed Notes to Financial Statements
September 30, 2003
--------------------------------------------------------------------------------

NOTE 2 - ACCOUNTING POLICIES (continued)

Recent Accounting Pronouncements (continued)
--------------------------------------------

other contracts,  and for hedging activities under SFAS No. 133, "Accounting for
Derivative Instruments and Hedging Activities".  This statement is effective for
contracts  entered  into or  modified  after  June  30,  2003  and  for  hedging
relationships  designated  after June 30, 2003.  The adoption of SFAS No. 149 is
not expected to have a material  impact on the financial  position or results of
operations of the Company.

In  January  2003,  the  Financial   Accounting   Standards  Board  issued  FASB
Interpretation  No.  46  "Consolidation  of  Variable  Interest   Entities,   an
Interpretation  of ARB No. 51"  (hereinafter  "FIN 46"). FIN 46 requires certain
variable interest entities to be consolidated by the primary  beneficiary of the
entity if the equity investors in the entity do not have the  characteristics of
a controlling  financial  interest or do not have sufficient  equity at risk for
the entity to finance its activities without additional  subordinated  financial
support from other  parties.  FIN 46 is effective for all new variable  interest
entities  created or acquired  after January 31, 2003.  The provisions of FIN 46
must be applied for the first interim or annual period  beginning after June 15,
2003.  The Company does not have any entities  that  require  disclosure  or new
consolidation as a result of adopting the provisions of FIN 46.

NOTE 3 - PREFERRED AND COMMON STOCK

The Company has 5,000,000  shares of preferred stock authorized and none issued.
The  Company  has   25,000,000   shares  of  common   stock   authorized.   Upon
incorporation, the Company issued 500,000 shares of common stock to officers and
directors for $5,000 in cash.  During 1999,  the Company issued 67,900 shares of
common  stock for cash at $1.00 per share and  17,100  shares at $1.00 per share
for subscriptions receivable, which were paid in January of 2000.

During 2002,  the Company issued 25,000 shares of common stock for cash at $1.00
per share.

All shares of preferred and common stock are non-assessable and  non-cumulative.
The common stock has no preemptive rights.

NOTE 4 - STOCK OPTION PLAN

The   Company's   board  of  directors   approved  the  adoption  of  the  "2001
Non-Qualified  Stock  Option and Stock  Appreciation  Rights  Plan" by unanimous
consent  on March 5,  2001.  This plan was  initiated  to  encourage  and enable
officers,  directors,  consultants,  advisors  and  other key  employees  of the
Company to acquire and retain a proprietary interest in the Company by ownership
of its  common  stock.  A total of  1,000,000  of the  authorized  shares of the
Company's common stock may be subject to, or issued pursuant to the terms of the
plan. No options have been issued under the plan as of September 30, 2003.

                                       9

HISTORICAL AUTOGRAPHS U.S.A., INC.
Condensed Notes to Financial Statements
September 30, 2003
--------------------------------------------------------------------------------

NOTE 5 - COMMITMENTS AND CONTINGENCIES

Rental Agreement
----------------

The Company has a  month-to-month  rental agreement for office space in Spokane,
Washington. The minimum monthly rent is $300.

Concentration
-------------

As of September 30, 2003, the Company had $74,860 of its total assets of $75,097
invested in inventory.

NOTE 6 - RELATED PARTY TRANSACTIONS

The occasional usage of used computer equipment,  provided to the Company by the
Company's  officers  at  no  charge,  is  considered  immaterial  for  financial
reporting purposes.

The Company  pays a 3%  commission  on every sale to each of the  Company's  two
officers.  Commissions unpaid, but accrued,  are unsecured,  payable upon demand
and non-interest bearing.

On March 28, 2003,  Mr. Ray Kuh resigned as president of the Company.  Ms. Cindy
Swank was voted the new president,  and Mr. Scott Wetzel was voted in as the new
secretary and vice president.

NOTE 7 - LOAN PAYABLE

In December 2002 the Company  borrowed  $500.  According to the loan  agreement,
principal and interest, in the amount of 6%, is due on December 12, 2003.

NOTE 8 - SUBSEQUENT EVENTS

Subsequent to the date of these  financial  statements,  on October 20, 2003 the
Company  executed  an  agreement  to acquire  all of the issued and  outstanding
shares of Arbios  Technologies,  Inc., a private biomedical device company based
in Los Angeles,  CA. The Company will  acquire all of Arbios'  shares  through a
merger in which the Company will issue  approximately  12,000,000  shares of its
unregistered  common  stock to the  shareholders  of Arbios.  After the  merger,
Historical will change its name to "Arbios Systems,  Inc.", and will continue to
trade on the Pink Sheets under a new trading symbol.  Arbios Technologies,  Inc.
has  worldwide  rights to patents  issued or pending  covering  a  portfolio  of
technologies,  including two extracorporeal  liver assist devices,  which are in
pre-clinical  development.  Each  of  Arbios'  devises  is  considered  to  be a
potential treatment for liver failure.

Also  subsequent to the date of these financial  statements,  on October 6, 2003
the Company  declared a 100% stock dividend for all shareholders of record as of
that date  totaling  610,000  shares of common  stock.  For each share of common
stock held, the shareholders  received an additional share of common stock. This
transaction  will be  accounted  for as a stock split for  accounting  purposes,
although under Nevada law this was recognized as a stock dividend.

                                       10





ITEM 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS.

FORWARD-LOOKING STATEMENTS

The securities of the Company are speculative and involve a high degree of risk,
including,  but not  necessarily  limited  to, the factors  affecting  operating
results described in the Form 10KSB which includes audited financial  statements
for the year ended December 31, 2002.  The  statements  which are not historical
facts contained in this report,  including  statements  containing words such as
"believes,"  "expects,"  "intends,"   "estimates,"   "anticipates,"  or  similar
expressions,  are  "forward  looking  statements"  (as  defined  in the  Private
Securities Litigation Reform Act of 1995) that involve risks and uncertainties.

The  foregoing  and  subsequent  discussion  contains  certain   forward-looking
statements  within  the  meaning  of  Section  27A  of the  Securities  A of the
Securities Act of 1933 and Section 21E of the  Securities  Exchange Act of 1934,
which are  intended to be covered by the safe  harbors  created  thereby.  These
forward-looking  statements  include the plans and  objectives of management for
future  operations,  including  plans and  objectives  relating to the  possible
further capitalization and the possible acquisition of Arbios Technologies, Inc.
The forward-looking statements included herein are based on current expectations
that  involve  numerous  risks and  uncertainties.  Assumptions  relating to the
foregoing  involve  judgments  with  respect  to,  among  other  things,  future
economic,  competitive and market conditions and future business decisions,  all
of which are difficult or impossible to predict accurately and many of which are
beyond the  control of the  Company.  Although  the  Company  believes  that the
assumptions underlying the forward-looking statements are reasonable, any of the
assumptions could be inaccurate and,  therefore,  there can be no assurance that
the  forward-looking  statements  included  in this Form 10-QSB will prove to be
accurate.   In  light  of  the   significant   uncertainties   inherent  in  the
forward-looking  statements  included herein,  the inclusion of such information
should not be regarded as a  representation  by the Company or any other  person
that the objectives and plans of the Company will be achieved.

Overview
--------

Historical  Autographs  U.S.A.,  Inc. was organized as a Nevada  Corporation  on
February 1, 1999. The original Articles of Incorporation  authorize the issuance
of thirty million  (30,000,000)  shares of stock,  including twenty five million
(25,000,000)  shares of  common  stock at par  value  $0.001  per share and five
million  (5,000,000) shares of Preferred stock at par value $0.001 per share. As
of September 30, 2003 the Company has six hundred ten thousand  (610,000) shares
of its $0.001 par value  common  voting  stock  issued and  outstanding.  As the
result of a 100% stock dividend for the benefit of the shareholders of record on
October 6, 2003, as of October 6, 2003 there are one million two hundred  twenty
thousand  (1,220,000)  shares of its $0.001 par value common voting stock issued
and outstanding.

The Company is an  e-Commerce  firm  engaged in the  business of  acquiring  and
marketing  historical  documents such as letters,  photographs and signatures of
governmental,  political and military figures,  inventors,  Nobel Prize winners,
significant  physicians,   scientists,   explorers,   aviators  and  astronauts,
entertainers,   musicians,   composers,  authors,  artists,  clergymen,  judges,
lawyers, and well-known athletes, among others.

The Company's  executive offices are located at 516 W. Sprague Ave., Spokane, WA
99201 and its  telephone  and  facsimile  numbers are (509)  744-8590  and (509)
623-0121, respectively.

The Company has a limited operational history and from inception (February 1999)
has generated limited  revenues.  The Company has financed its operations during
its  initial  operational  stage from the sale of its common  stock.  Due to our
limited  operating  history,  our  financial  statements  are not  indicative of
anticipated  revenues that may be attained or expenditures  that may be incurred
by the Company in future periods.  Our ability to achieve profitable  operations
is  subject to the  validity  of our  assumptions  and risk  factors  within the
industry and pertaining to the Company.

Current Status and Operations
-----------------------------

Historical  Autographs  U.S.A.,  Inc. is in its initial  operational stage as an
e-Commerce  based  company  engaged in the business of acquiring  and  marketing
historical   documents   such  as  letters,   photographs   and   signatures  of

                                       11



governmental,  political and military figures,  inventors,  Nobel Prize winners,
significant  physicians,   scientists,   explorers,   aviators  and  astronauts,
entertainers,   musicians,   composers,  authors,  artists,  clergymen,  judges,
lawyers, and well-known athletes, among others. Our document inventory currently
consists of  approximately  30 different  documents,  with an inventory  cost of
$74,860  at  September  30,  2003,  including   photographs  and  signatures  of
entertainers,  letters,  documents and signatures of political figures,  letters
and  signatures of scientists  and signatures of historic  sports  figures.  The
Company purchases  documents  principally at auctions,  from private collectors,
dealers in historical  documents,  estates and various  individuals  who are not
collectors  but are in  possession  of  documents.  These  avenues of supply are
likely to continue to be the Company's  main sources of inventory.  Retail sales
of   documents    are    primarily    facilitated    through   our   web   site:
http://www.historical-autographs.com.

Marketing  efforts  principally  target  individuals  who  appreciate or collect
antiques, paintings,  lithographs,  other works of art and collectibles, but who
may not be aware of the  availability of historical  documents for purchase.  In
addition,  autograph and document  collectors,  consignment  to auction  houses,
interior  decorators,  interior designers,  private clients and corporations are
being targeted as these groups may have an appreciation for historical documents
displayed  in  aesthetically  pleasing  presentations.   The  Company's  primary
marketing  strategy is a direct sales approach via an internet retail site. Upon
accessing  the site,  interested  parties  are able to read  about the  Company,
browse the majority of inventory items and place orders.

Subsequent to the quarter ended  September 30, 2003, the Company entered into an
agreement  to  acquire  all of the  issued  and  outstanding  shares  of  Arbios
Technologies,  Inc. a private  biomedical  device  company  based in Los Angles,
California.   The  agreement  intends  that  the  Company  will  acquire  Arbios
Technologies,  Inc. through the issuance of approximately  12,000,000  shares of
its unregistered common stock to the shareholders of Arbios  Technologies,  Inc.
If the transaction is completed the current shareholders of the Company will own
approximately nine percent of the then outstanding stock.  Arbios  Technologies,
Inc.  is an early  stage  company  engaged  in the  discovery,  acquisition  and
development of proprietary liver assist devices and new technologies  useful the
diagnosis and treatment of acute liver  failure.  If the  acquisition  of Arbios
Technologies,  Inc. is  completed as  currently  contemplated,  the Company will
cease its current  e-commerce  operations  and continue the  development  of the
medical  technologies  that Arbios  Technologies,  Inc. is  currently  pursuing.
Accordingly,  the  Company's  plan of  operations  will  change  from  the  plan
discussed  in this Form  10-QSB  and in the  Company's  prior  filings  with the
Securities and Exchange  Commission.  If the acquisition of Arbios Technologies,
Inc. is completed  as  scheduled  on October 30, 2003,  the Company will provide
information  regarding  Arbios  Technologies,  Inc.,  its business,  operations,
technologies, officers and directors, and financial condition in filings made by
the Company with the Securities and Exchange  Commission  following the closing.
No  assurance  can be  given  that  the  acquisition  will be  completed,  or if
completed that the Company's new plan of operations will be successful.

LIQUIDITY AND CAPITAL RESOURCES/RESULTS OF OPERATIONS

Historical Autographs U.S.A., Inc. has limited assets. As of September 30, 2003,
our assets consisted of cash of $237 and resale inventories of $74,860 for total
assets of $75,097. Our officers own the computer equipment the Company utilizes.
Current  liabilities  totaled $7,889, with available working capital at $67,208.
The Company has had minimal operations and limited revenues.  From inception the
Company  accumulated an operating deficit of $47,792.  For the nine months ended
September  30, 2003,  the Company had a net loss of $9,422 on gross  revenues of
$6,000.

Management  currently  believes that its existing  capital and future funds from
operations will be insufficient to fund the Company's activities,  and according
that the Company may need to raise  additional  funds through public and private
financing. No assurance can be given that additional financing will be available
or that, if available, can be obtained on terms favorable to the Company and its
stockholders.  Failure to obtain  such  financing  could  delay or  prevent  our
planned  expansion,  which  could  adversely  affect  our  business,   financial
condition and results of operations. If additional capital is raised through the
sale of additional equity or convertible  securities,  dilution to the Company's
stockholders could occur.

For the quarter ending  September 30, 2003,  the Company  reported a net loss of
$1,908 on revenues  of $6,000.  compared to sales of $0 and a net loss of $4,494
in the quarter ended September 30, 2002. The Company incurred Operating Expenses
of $4,379 in the quarter  ended  September  30,  2003,  almost  identical to the
quarter ending  September 30, 2002, when the Company  incurred  similar expenses
totaling  $4,494.  The  Company's  Quarter ended  September  30, 2003  financial
statements  reflect   adjustments  and  nonrecurring  cost  items  and  are  not
indicative of

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anticipated revenues which may be attained or expenditures which may be incurred
by the Company in future periods.

The  Company's   independent  public   accountants  have  included   explanatory
paragraphs in their reports on the Company's financial  statements for the years
ended  December 31, 2002 and 2001,  which  express  substantial  doubt about the
Company's ability to continue as a going concern.  As discussed in Footnote 2 to
the Company's financial statements, included with the Company's Form 10-KSB, the
Company has suffered  recurring  losses from operations and accumulated  deficit
that raises substantial doubt about its ability to continue as a going concern.

As  a  result  of  the  foregoing,   the  Company   decided  to  acquire  Arbios
Technologies,  Inc. If the  acquisition  is  completed as  contemplated,  Arbios
Technologies,  Inc.  will,  at the time of the  acquisition  have in  excess  of
$3,500,000  of cash  on  hand,  other  assets  of  approximately  $500,000,  and
liabilities  of less than  $150,000.  Upon the closing of the  acquisition,  the
company  will  cease  its  current  e-commerce  business  and  will  assume  the
operations  of Arbios  Technologies,  Inc. The financial  resources  that Arbios
Technologies,  Inc.  is  expected  to have at the  time of the  acquisition  are
currently  expected by the Company to be sufficient to fund the working  capital
needs of the Company (including those of Arbios Technologies, Inc.) for at least
the next twelve months.

ITEM 3. CONTROLS AND PROCEDURES

Within  90 days  prior to the date of filing  of this  quarterly  report on Form
10-QSB,   we  carried  out  an  evaluation,   under  supervision  and  with  the
participation of our management, including our CEO and CFO, of the effectiveness
of the design and operation of our disclosure  controls and procedures  pursuant
to  Exchange  Act Rule  13a-14.  Based  upon  that  evaluation,  our CEO and CFO
concluded  that our  disclosure  controls and procedures are effective in timely
alerting them to material  information relating to us required to be included in
our periodic SEC filings. Subsequent to the date of that evaluation,  there have
been  no  changes  in  internal   controls  or  in  other   factors  that  could
significantly affect internal controls, nor were any corrective actions required
with regard to significant deficiencies and material weaknesses.

                                     PART II

ITEM 1.  LEGAL PROCEEDINGS

No material  legal  proceedings  to which the Company is a party or to which the
property of the Company is subject,  is pending or is known by the Company to be
contemplated.

ITEM 2.   CHANGE IN SECURITIES.

After the end of the fiscal  quarter  ending  September  30,  2003,  the Company
issued a stock  dividend  of one share of common  stock for each share of common
stock outstanding on October 6, 2003.

ITEM 3.    Defaults Upon Senior Securities.    NONE

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

On October 6, 2003,  the holders of over 81% of the then issued and  outstanding
shares  of  common  stock  voted to amend  the name of the  Company  to  "Arbios
Systems, Inc." if the acquisition of Arbios Technologies, Inc. is completed. The
vote was taken by written consent without a meeting, and notice of the action is
being provided to the Company's stockholders as required by Nevada law. The name
change will be effected after the acquisition of Arbios Technologies, Inc.

ITEM 5.  OTHER INFORMATION: NONE

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)      Exhibits

31.1     Certification Pursuant to Section 302 of Sarbanes-Oxley Act of 2002.
32.1     Certification Pursuant to Section 906 of Sarbanes-Oxley Act of 2002.

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(b) The Company filed the following reports on Form 8-K:

The Company filed no Form 8-K forms during the quarter ended  September 30, 2003
but filed one Form 8-K on October 24,  2003,  subsequent  to the  quarter  ended
September  30, 2003,  for the purpose of  furnishing  a copy of a press  release
issued October 23, 2003  concerning the execution of an agreement to acquire all
of the issued and  outstanding  shares of Arbios  Technologies,  Inc., a private
biomedical device company.


                                       14



                                   SIGNATURES


Pursuant  to the  requirements  of the  Section  13 or 15(d)  of the  Securities
Exchange  Act of 1934,  the Company  has duly  caused this report  signed on its
behalf by the undersigned, thereunto duly authorized.

                                        HISTORICAL AUTOGRAPHS U.S.A., INC.

Date:   October 29, 2003             By:    s/Cindy Swank
                                        ---------------------------------------
                                        Cindy Swank, Chief Financial Officer

Date:   October 29, 2003             By:    s/Cindy Swank
                                        ----------------------------------------
                                        Cindy Swank, Chief Executive Officer


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