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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                  Quarterly Report under Section 13 or 15 D of
                       the Securities Exchange Act of 1934

                      For Quarter Ended: September 30, 2001

                         Commission File Number: 0-28599

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

                                     NEVADA
         (State or other jurisdiction of incorporation or organization)

                                   91-2008633
                      (IRS Employer Identification Number)

                             14500 Northsight Blvd.
                                    Suite 312
                                 Scottsdale, AZ
                    (Address of principal executive offices)

                                      85260
                                   (Zip Code)

                                 (480) 905-7311
                           (Issuer's Telephone Number)

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 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 [ ].

On  November 6, 2001,  the  Registrant  had  27,505,112  shares of common  stock
outstanding.

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<PAGE>
                              QUOTEMEDIA.COM , INC.
                            INDEX TO QUARTERLY REPORT
                                 ON FORM 10-QSB

                                                                            Page
                                                                            ----
Part I.  Financial Information

         Item 1.  Financial Statements                                         3

                  Balance Sheets                                               3

                  Statements of Operations                                     4

                  Statements of Cash Flows                                     5

                  Notes to Financial Statements                                6

         Item 2.  Management's Discussion and Analysis                         8

Part II. Other Information

         Item 1.  Legal Proceedings                                           12

         Item 2.  Changes in Securities                                       12

         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

         Signatures                                                           14

                                        2
<PAGE>
                              QUOTEMEDIA.COM, INC.
                                  BALANCE SHEET
                               SEPTEMBER 30, 2001
                                   (UNAUDITED)


ASSETS                                                        SEPTEMBER 30, 2001
                                                              ------------------
CURRENT ASSETS

Cash                                                             $    87,967
Accounts receivable                                                    1,920
Deposits                                                              27,161
                                                                 -----------
                                                                     117,048

Fixed assets, net                                                     47,985
                                                                 -----------
                                                                 $   165,033
                                                                 ===========

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts payable                                                 $   296,784
Note payable                                                         150,000
Due to related parties, net                                          151,794
                                                                 -----------
                                                                     598,578
                                                                 -----------
STOCKHOLDERS' EQUITY

Common stock, $0.001 par value, 50,000,000 shares
authorized, 26,455,112 shares issued and outstanding                  26,455
Additional paid-in capital                                         3,833,808
Accumulated deficit                                               (4,293,808)
                                                                 -----------
                                                                    (433,545)
                                                                 -----------
                                                                 $   165,033
                                                                 ===========

                             SEE ACCOMPANYING NOTES

                                        3
<PAGE>
                              QUOTEMEDIA.COM, INC.
                            STATEMENTS OF OPERATIONS
             NINE AND THREE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                          NINE            NINE           THREE           THREE
                                      MONTHS ENDED    MONTHS ENDED    MONTHS ENDED    MONTHS ENDED
                                      SEPTEMBER 30,   SEPTEMBER 30,   SEPTEMBER 30,   SEPTEMBER 30,
                                          2001            2000            2001            2000
                                      ------------    ------------    ------------    ------------
<S>                                   <C>             <C>             <C>             <C>
OPERATING REVENUE

Advertising                           $      1,713    $     17,825    $         --    $      3,612
Licensing fees                               7,856           8,000           2,491           8,000
                                      ------------    ------------    ------------    ------------
                                             9,569          25,825           2,491          11,612
OPERATING EXPENSES

Business development                       670,829         384,934         531,971         123,031
Financing expense                          133,400              --          58,400              --
Office and administration                  385,661         667,905         127,798         243,807
Professional fees                           67,712         126,887          17,239          51,485
Research and development                   108,535         555,929          77,599         345,157
Website content                            157,255         464,310          46,568         182,398
                                      ------------    ------------    ------------    ------------
                                         1,523,392       2,199,965         859,575         945,878
                                      ------------    ------------    ------------    ------------

OPERATING LOSS                          (1,513,823)     (2,174,140)       (857,084)       (934,266)

OTHER INCOME AND EXPENSES
Interest income                                152           5,134               6              79
Gain (loss) on sale of securities           (2,794)         36,748              --          22,318
                                      ------------    ------------    ------------    ------------
                                            (2,642)         41,882               6          22,397

LOSS FOR PERIOD                         (1,516,465)     (2,132,258)       (857,078)       (911,869)
                                      ============    ============    ============    ============

EARNINGS PER SHARE

Basic loss per share                  $      (0.07)   $      (0.11)   $      (0.04)   $      (0.04)
                                      ============    ============    ============    ============

Diluted                               $      (0.07)   $      (0.11)   $      (0.03)   $      (0.04)
                                      ============    ============    ============    ============

WEIGHTED AVERAGE SHARES OUTSTANDING

Basic                                   21,938,363      19,402,648      24,414,623      20,409,148
                                      ============    ============    ============    ============

Diluted                                 22,601,288      20,740,148      25,332,035      22,049,148
                                      ============    ============    ============    ============
</TABLE>

                             SEE ACCOMPANYING NOTES

                                        4
<PAGE>
                              QUOTEMEDIA.COM, INC.
                            STATEMENTS OF CASH FLOWS
                  NINE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                      NINE MONTHS ENDED    NINE MONTHS ENDED
                                                      SEPTEMBER 30, 2001   SEPTEMBER 30, 2000
                                                      ------------------   ------------------
<S>                                                       <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

NET LOSS                                                  $(1,516,465)         $(2,132,258)

ADJUSTMENTS TO RECONCILE LOSS TO NET CASH USED IN
OPERATING ACTIVITIES:
Depreciation expense                                           10,989                8,770
Loss on sale of marketable securities                           2,794               (5,134)
Issuance of capital stock for services                        846,000              705,646
CHANGES IN ASSETS AND LIABILITIES:
Share subscription receivable                                      --             (415,000)
Accounts receivable                                             1,523                6,857
Deposits                                                        3,377              (27,213)
Prepaid expenses                                                   --             (274,000)
Accounts payable                                              107,638              107,796
Deferred revenue                                               (2,055)                  --
Due from related parties, net                                 248,657             (195,568)
                                                          -----------          -----------
NET CASH USED IN OPERATING ACTIVITIES                        (297,542)          (2,220,104)
                                                          -----------          -----------

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of marketable securities                    81,626               37,124
Purchase of marketable securities                             (43,000)               5,910
Fixed assets                                                  (11,456)             (44,114)
                                                          -----------          -----------
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES            27,170               (1,080)
                                                          -----------          -----------

CASH FLOWS FROM FINANCING ACTIVITIES:

Note payable                                                  150,000                   --
Issuance of capital stock for cash                             50,000            1,710,250
                                                          -----------          -----------
NET CASH PROVIDED BY FINANCING ACTIVITIES                     200,000            1,710,250
                                                          -----------          -----------

NET DECREASE IN CASH                                          (70,372)            (510,934)

CASH, BEGINNING OF PERIOD                                     158,339              672,038
                                                          -----------          -----------

CASH, END OF PERIOD                                       $    87,967          $   161,104
                                                          ===========          ===========
</TABLE>

                             SEE ACCOMPANYING NOTES

                                        5
<PAGE>
                              QUOTEMEDIA.COM, INC.

                          NOTES TO FINANCIAL STATEMENTS
                   NINE MONTH PERIOD ENDED SEPTEMBER 30, 2001


1.   UNAUDITED INTERIM FINANCIAL STATEMENTS

     The  accompanying  unaudited  financial  statements  have been  prepared in
accordance  with  the  generally  accepted  accounting  principles  for  interim
financial  statements and instructions for Form 10 - QSB.  Accordingly,  they do
not include all of the information and footnotes  required by generally accepted
accounting  principles  for  complete  financial  statements.  In the opinion of
management,  all adjustments,  consisting only of normal  recurring  adjustments
considered  necessary for a fair  presentation,  have been  included.  Operating
results for any quarter are not  necessarily  indicative  of the results for any
other quarter or for a full year.

     These financial statements should be read in conjunction with our financial
statements  and the notes  thereto for the fiscal year ended  December  31, 2000
contained in our Form 10-KSB filed with the Securities  and Exchange  Commission
on March 28, 2001

2.   BASIS OF PRESENTATION

     BUSINESS COMBINATION

     The Company ("QuoteMedia") was incorporated June 28, 1999 under the laws of
the  State  of  Colorado.  On  July  14,  1999,  Skyline  Entertainment,   Inc.,
("Skyline")  issued  11,000,000  common shares to acquire 100% of the issued and
outstanding shares of QuoteMedia. This issuance represented approximately 72% of
the  issued  and  outstanding  shares  of  Skyline.  As a  result,  the  selling
shareholders of QuoteMedia have become the controlling  shareholders of Skyline.
This transaction, under which control of the parent company passes to the former
shareholders of the subsidiary, is accounted as a reverse takeover.

     Under  reverse  takeover  accounting,   the  cost  of  the  acquisition  of
QuoteMedia has been recorded using the purchase  method,  with  QuoteMedia  (the
legal subsidiary) being recognized as the parent for accounting purposes.

     Under the July 14, 1999 agreement,  immediately after the reverse takeover,
QuoteMedia   was  merged  into   Skyline,   with  Skyline  being  the  surviving
corporation. Skyline's name was then changed to QuoteMedia.com, Inc.

     EARNINGS PER SHARE

     Earnings per share have been computed based on the weighted  average number
of common shares  outstanding.  For the  nine-month  period prior to the reverse
acquisition  discussed  above,  the number of common shares  outstanding used in
computing  earnings per share is the number of common  shares  outstanding  as a
result of such reverse  acquisition,  plus such additional  shares issued by the
Company subsequent to the business combination.

                                        6
<PAGE>
                              QUOTEMEDIA.COM, INC.

                          NOTES TO FINANCIAL STATEMENTS
                   NINE MONTH PERIOD ENDED SEPTEMBER 30, 2001


3.   SUBSEQUENT EVENT

     In  October  2001,  the  Company  issued a total of  1,050,000  shares  for
consulting and sales and marketing services

                                        7
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS
        OF OPERATIONS

     The following  discussion  should be read in conjunction with our financial
statements  and notes  thereto  included  elsewhere in this  report.  We caution
readers   regarding   certain  forward  looking   statements  in  the  following
discussion,  elsewhere in this report, and in any other statements,  made by, or
on behalf of our company,  whether or not in future  filings with the Securities
and Exchange Commission.  Forward-looking statements are statements not based on
historical  information  and  which  relate to  future  operations,  strategies,
financial  results,  or  other  developments.   Forward-looking  statements  are
necessarily based upon estimates and assumptions that are inherently  subject to
significant business, economic, and competitive uncertainties and contingencies,
many of which are beyond our control and many of which,  with  respect to future
business decisions, are subject to change. These uncertainties and contingencies
can affect actual  results and could cause actual  results to differ  materially
from those expressed in any forward looking statements made by, or on behalf of,
our company. We disclaim any obligation to update forward-looking statements.

     All   references  to  "we",   "our",   "us",  of   "quotemedia"   refer  to
Quotemedia.com,   Inc.,   and  it   predecessors,   operating   divisions,   and
subsidiaries.

     This report should be read in  conjunction  with our Form 10-KSB filed with
the Securities and Exchange Commission on March 28, 2001.

OVERVIEW

     We are a leading Java  Internet  software  developer  and Vertical  Service
Provider, or VSP, specializing in the collection,  aggregation,  and delivery of
both delayed and  real-time  financial  data and  complementary  content via the
Internet. We develop and license unique plug and play web-based software modules
that have the  ability to  deliver  "best of breed",  cost  effective,  visually
appealing,  and  dynamic  content  to web sites of  brokerage  firms,  financial
institutions, and Fortune 500 companies.

     Our  unique  plug and  play  product  capabilities  provide  a  competitive
advantage to Internet sites by offering a cost effective and simple  alternative
to the complex and expensive data feed model employed by most web sites today.

     The modules are lightweight,  reliable, and easy to install,  require fewer
content  updates and data feeds,  and have fewer  maintenance  issues.  They are
highly  customizable,  allowing for seamless  integration  into a customer's web
page.  To add a module to a web site, a webmaster  simply  copies and pastes one
line of our code to the desired web page.

     We have also developed unique and proprietary  "Web to Desktop  Convergence
Technologies"  that  allow web sites  and  publishers  to  deliver  content  and
corporate branding directly to a user's desktop outside of the web browser.

     Our  products  allow  existing  web  portals and  brokerage  firms to offer
investment information and services to their clients via the Internet. Investors
can monitor  investments  through our customizable  portfolio tracker,  research
investment opportunities,  watch live video, and execute trades, all from within

                                       8
<PAGE>
their  browser.  We believe that the business model of licensing  turnkey,  cost
effective software solutions to our customers on a private label basis is unique
and timely.  The private  label model  allows our company to take  advantage  of
existing  brand  recognition  and  loyalties  already  established  between  our
customers and their clients.

     Our  new  QuoteStream(TM)  product  line is  comprised  of  three  products
(QuoteStream Lite, QuoteStream, and QuoteStream Pro), all based on the company's
revolutionary,   proprietary   Java  Applet  that  delivers  a  broad  range  of
value-added  financial information and services,  such as market indices,  stock
watch lists,  charts,  delayed and  real-time  streaming  (dynamically  updated)
content in a small (under 100k) web delivered micro-application that requires no
downloads or user-resident software, and resides on the user's computer desktop.

     We have designed our QuoteStream products specifically for private branding
by brokerage,  banking, and web portal companies ("Corporate Partners"),  and to
meet the needs of their customers.  QuoteStream  enables a Corporate  Partner to
complement their existing product offering,  differentiate themselves from their
competition,  and generate potentially  substantial  incremental  revenue.  This
comprehensive  micro-application,  allows Corporate  Partners to offer their own
private branded  QuoteStream  Lite product at no cost to the Partner Company and
no cost to their  customer.  In  addition,  Partners  can offer and  up-sell the
enhanced QuoteStream and QuoteStream Pro products.

     We will derive the majority of our revenue  from monthly user  subscription
fees, which we share with our corporate marketing partners.  We will also derive
revenue from other sources such as email list rentals, banner ads etc.

RESULTS OF OPERATIONS

REVENUE

     Revenue   consists  of  advertising   fees   generated   from   sponsorship
advertisements  and licensing  fees  generated  from our software  applications.
Revenue for the three month period ended September 30, 2001 was $2,491, compared
to $11,612 for the three month period ended September 30, 2000.  Revenue for the
nine month period ended  September  30, 2001 was $9,569  compared to $25,825 for
the nine month period ended September 30, 2000. The decrease is due to declining
banner-advertising revenue.

OPERATING EXPENSES

     WEBSITE CONTENT

     Website content  expenses  consist  primarily of fees paid to the company's
strategic  partners for providing  financial content such as news, stock quotes,
charts,  company  background  data,  and general  information.  Website  content
expenses  for the three month  period  ended  September  30,  2001 were  $46,568
compared  with  $182,398 for the three month period  ending  September 30, 2000.
Website content expenses for the nine month period ended September 30, 2001 were
$157,255  compared with $464,310 for the nine month period ending  September 30,
2000. The decrease is due to the Company  re-negotiating lower rates for website
content.

                                       9
<PAGE>
     PROFESSIONAL FEES

     Professional   fees  consist   primarily  of  legal  and  accounting  fees.
Professional  fees for the three  month  period  ended  September  30, 2001 were
$17,239  compared with $51,485 for the three month period  ending  September 30,
2000.  Professional fees for the nine month period ended September 30, 2001 were
$67,712  compared with  $126,887 for the nine month period ending  September 30,
2000.  The  decrease  is due to a decrease in legal fees  associated  with trade
marking activity and other legal matters.

     RESEARCH AND DEVELOPMENT

     Research and development  expenses  consist  primarily of costs  associated
with  the  design,   programming,   and  testing  of  our   company's   software
applications. Research and development expenses for the three month period ended
September  30, 2001 were  $77,599  compared  with  $345,157  for the three month
period ended September 30, 2000. Research and development  expenses for the nine
month period ended  September 30, 2001 were $108,535  compared with $555,929 for
the nine month  period  ended  September  30,  2000.  The decrease is due to the
completion of many of the applications previously under development.

     BUSINESS DEVELOPMENT

     Business development  consists primarily of marketing,  investor relations,
travel, and printing expenses. Business development expenses for the three month
period ended September 30, 2001 were $531,971 compared to $123,031 for the three
month period ended  September 30, 2000.  Business  development  expenses for the
nine month period ended  September 30, 2001 were  $670,829  compared to $384,934
for the nine month period ended  September  30, 2000.  The increase is primarily
due to sales and marketing agreements that the Company has signed to promote its
newly completed line of real time streaming products

     FINANCING EXPENSE

     During the three month period ending September 30, 2001, the Company issued
365,000  shares  of its  common  stock at $0.16  (for a total of  $58,400)  as a
financing expense associated with a loan made to the Company by an outside third
party.  The Company has  incurred  financing  expenses of $133,400  for the nine
month period ending September 30, 2001.

     OFFICE AND ADMINISTRATION

     Office and  administration  expenses  consist  primarily of rent,  computer
equipment leases,  computer maintenance and storage and salary expenses.  Office
and administration  expenses for the three month period ended September 30, 2001
were  $127,798  compared to $243,807 for the three month period ended  September
30,  2000.  Office and  administration  expenses for the nine month period ended
September 30, 2001 were $385,661  compared to $667,905 for the nine month period
ended September 30, 2000. The decrease is due to lower salary expense during the
periods.

                                       10
<PAGE>
INTEREST INCOME

Interest   income   consists  of  interest  earned  on  cash  and  money  market
investments. Interest income for the three month period ended September 30, 2001
was $6 compared to $79 for the three month  period  ended  September  30,  2000.
Interest  income for the nine month  period  ended  September  30, 2001 was $152
compared to $5,134 for the nine month  period  ended  September  30,  2000.  The
decrease is due to lower cash and cash equivalent balances.

LOSS ON SALE OF MARKETABLE SECURITIES

The Company  incurred a loss on the sale of marketable  securities of $2,794 for
the nine month period  ending  September  30, 2001 compared to a gain of $22,318
during the nine month period ended September 30, 2000.

LOSS FOR THE PERIOD

As a result of the  foregoing,  we  incurred a loss for the three  months  ended
September 30, 2001 of $857,084 or approximately  $(0.04) per share compared to a
loss of $911,869 and $(0.04) per share for the three months ended  September 30,
2000. The Company  incurred a loss for the nine months ended  September 30, 2001
of  $1,516,465  or  approximately  $(0.07)  per  share  compared  to a  loss  of
$2,132,258 and $ (0.11) per share for the nine months ended September 30, 2000.

LIQUIDITY AND CAPITAL RESOURCES

Our cash totaled  $87,967 at September  30, 2001,  as compared  with $158,339 at
December  31,  2000,  a decrease  of $70,372.  Net cash of $297,542  was used in
operations  for the nine months ended  September 30, 2001,  primarily  resulting
from our net loss for the period offset by an increase in amounts due to related
parties and the issuance of capital  stock for  services.  Net cash  provided by
investing  activities  for the nine months ended  September 30, 2001 was $27,170
resulting from the proceeds from the sale of marketable securities exceeding the
purchase of marketable  securities  and the purchase of fixed  assets.  Net cash
provided by  financing  activities  was $200,000  resulting  from an increase in
notes payable and the issuance of capital stock for cash.

During the third  quarter of fiscal  2001,  we  continued  our  efforts to raise
additional equity and debt financing.  We are continuing to explore  alternative
sources of  financing  and other  strategic  alternatives  for our  company.  We
believe that slowing market conditions  affected our efforts to raise additional
capital during the third fiscal quarter. As a result, an officer of our company,
who is also a director, provided additional cash during the quarter, and intends
to continue  such funding  until we complete our next round of  financing.  Such
amounts are  reflected in our financial  statements as "Due to related  parties,
net."

With  additional  equity  or  debt  financing,   we  intend  to  accelerate  our
development and infrastructure spending. We may not be successful in our efforts
to raise additional capital.

                                       11
<PAGE>
                            PART II OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS - none

ITEM 2. CHANGES IN SECURITIES

     During July 2001,  the Company  entered  into a  marketing  agreement  with
Thomson Financial Solutions ("Thomson"),  a division of Thomson Financial. Under
the agreement,  Thomson will act as the principal marketing and sales agency for
the Company's  streaming real time portfolio  tracker and it will also place the
application on its  ThomsonFN.com  financial web site. Under the agreement,  the
Company will split revenues with Thomson on a 50/50 basis. In addition,  Thomson
was issued  2,185,000  shares of the Company's  common stock at $0.15,  of which
500,000 shares are  non-retractable  and 1,650,000 shares will be subject to pro
rata retraction  depending on the level of sales achieved by Thomson.  We issued
these shares  without  registration  under the Securities Act in reliance on the
exemption  provided by Section 4(2) of the Securities Act as a transaction by an
issuer not involving a public offering

     During July 2001,  we issued  500,000  shares of common  stock at $0.15 per
share to a company in consideration for business  development  services rendered
to our company. We issued these shares without registration under the Securities
Act in reliance on the exemption  provided by Section 4(2) of the Securities Act
as a transaction by an issuer not involving a public offering.

     During July 2001,  we issued  150,000  shares of common  stock at $0.15 per
share to a company in consideration for web development services rendered to our
company. We issued these shares without registration under the Securities Act in
reliance on the exemption  provided by Section 4(2) of the  Securities  Act as a
transaction by an issuer not involving a public offering.

     During August 2001, we issued  485,000  shares of common stock at $0.16 per
share and 300,000  shares at $0.17 in  consideration  for  business  development
services  rendered to our company.  We issued these shares without  registration
under the Securities  Act in reliance on the exemption  provided by Section 4(2)
of the  Securities  Act as a  transaction  by an issuer not  involving  a public
offering.

     During  August 2001,  we issued  365,000  shares at $0.16 to a company as a
financing  fee  for  loan  to  the  Company.  We  issued  these  shares  without
registration  under the Securities Act in reliance on the exemption  provided by
Section 4(2) of the Securities Act as a transaction by an issuer not involving a
public offering.

     During August 2001, we issued  125,000  shares of common stock at $0.16 per
share to a company in consideration for web development services rendered to our
company. We issued these shares without registration under the Securities Act in
reliance on the exemption  provided by Section 4(2) of the  Securities  Act as a
transaction by an issuer not involving a public offering

     During  September  2001, we issued 500,000 shares at $0.10, or an aggregate
offering price of $50,000. We issued these shares without registration under the
Securities  Act in reliance  on the  exemption  provided by Section  4(2) of the
Securities Act as a transaction by an issuer not involving a public offering.

                                       12
<PAGE>
ITEM 3. DEFAULTS UPON SENIOR SECURITIES - NONE

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS - NONE

ITEM 5. OTHER INFORMATION - NONE

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K -

     (a)  Exhibits - None

     (b)  Reports on Form 8-K

     No  reports on Form 8-K were filed by the  Company  during the three  month
     period ended September 30, 2001.

                                       13
<PAGE>
                                   SIGNATURES

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


                                        QUOTEMEDIA.COM, INC.


                                        Dated: November 6, 2001


                                        By: /s/ R. Keith Guelpa
                                            ------------------------------------
                                            R. Keith Guelpa,
                                            President
                                            (Principal Executive Officer)


                                        By: /s/ Keith J. Randall
                                            ------------------------------------
                                            Keith J. Randall, C.A.,
                                            Chief Financial Officer
                                            (Principal Accounting Officer)

                                       14