UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  Form 10-KSB/A
                                 FIRST AMENDMENT

     [X]  ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
          OF 1934

                   For the fiscal year ended December 31, 2003


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

         For the transition period from ______________ to ______________

                         Commission File No.: 000-32763

                              Unitech Energy Corp.
 -------------------------------------------------------------------------------
                 (Name of small business issuer in its charter)

               Nevada                                        86-1024733
 -------------------------------------------------------------------------------
   (State or other jurisdiction of                       (I.R.S. Employer
 incorporation or organization)                          Identification No.)

               8776 East Shea, Suite B3A323, Scottsdale, AZ 85260
           -----------------------------------------------------------
          (Address, including zip code, of principal executive offices)

                     Issuer's telephone number: 602-821-6492

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

      Securities registered under Section 12(g) of the Exchange Act: Common


                     Common Stock, Par Value $.001 Per Share
                    ----------------------------------------
                                (Title of class)

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. [ X ]Yes [ ]No

Check if there is no disclosure of delinquent  filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure  will be contained,  to
the  best  of  registrant's   knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part III of this Form  10-KSB or any
amendment to this Form 10-KSB. [ X ]

State issuer's revenues for its most recent fiscal year. $ 0

                                       1
<PAGE>

As of December 31, 2003, we had 1,000,000  shares of our $0.001 par value common
stock  issued  and  outstanding.  As there is no public  trading  market for our
securities,  we are unable to determine the aggregate market value of the common
stock, our only class of voting stock, held by non-affiliates.

                       DOCUMENTS INCORPORATED BY REFERENCE

                                      None

This Form 10-KSB contains  forward-looking  statements within the meaning of the
"safe harbor"  provisions  under Section 21E of the  Securities  Exchange Act of
1934  and  the  Private  Securities  Litigation  Reform  Act  of  1995.  We  use
forward-looking  statements in our  description  of our plans and objectives for
future  operations  and  assumptions  underlying  these  plans  and  objectives.
Forward-looking  terminology  includes the words "may,"  "expects,"  "believes,"
"anticipates," "intends," "projects," or similar terms, variations of such terms
or the negative of such terms.  These  forward-looking  statements  are based on
management's  current expectations and are subject to factors and uncertainties,
which could cause actual results to differ  materially  from those  described in
such  forward-looking  statements.  We  expressly  disclaim  any  obligation  or
undertaking to release publicly any updates or revisions to any  forward-looking
statements  contained  in  this  Form  10-KSB  to  reflect  any  change  in  our
expectations or any changes in events,  conditions or circumstances on which any
forward-looking  statement is based. Factors,  which could cause such results to
differ materially from those described in the forward-looking statements include
those set forth  under "Risk  Factors"  and  elsewhere  in, or  incorporated  by
reference into this Form 10-KSB.

Transitional Small Business Disclosure Form (Check one): Yes [ ] No [X]

To simplify the  language in this Form 10-KSB,  Unitech  Energy  Corporation  is
referred to herein as "we" or "us."


                                       2
<PAGE>



                                TABLE OF CONTENTS
                                                                           Page
Part I

ITEM 1  DESCRIPTION OF BUSINESS ........................................... 4
             The Company .................................................. 4
             Business of the Company ...................................... 4
             Employees .................................................... 4
ITEM 2  DESCRIPTION OF PROPERTIES ......................................... 4
ITEM 3  LEGAL PROCEEDINGS ................................................. 4
ITEM 4  SUBMISSION OF MATTERS TO A VOTE OF THE SECURITY  HOLDERS .......... 4

PART II

ITEM 5  MARKET FOR  REGISTRANT'S  COMMON EQUITY & RELATED
          STOCKHOLDER MATTERS ............................................. 5
             Market ....................................................... 5
             Holders ...................................................... 5
             Dividends .................................................... 5
ITEM 6  MANAGEMENT'S  DISCUSSION & ANALYSIS OF FINANCIAL  CONDITION &
          RESULTS OF OPERATION ............................................ 5
             Plan of Operation ............................................ 5
             Forward-Looking Statements ................................... 5
ITEM 7  FINANCIAL STATEMENTS .............................................. 6
ITEM 8  CHANGES IN &  DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING &
          FINANCIAL DISCLOSURE ............................................15
ITEM 8A CONTROLS & PROCEDURES..............................................15

Part III

ITEM 9  DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS & CONTROL
          PERSONS, COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT ......16
             The Directors and Officers of the Company ....................16
             Compliance with Section 16(a) of the Exchange Act ............17
ITEM 10 EXECUTIVE COMPENSATION ............................................18
ITEM 11 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS & MANAGEMENT ......18
             Security Ownership of Beneficial Owners ......................18
             Security Ownership of Management .............................18
ITEM 12 CERTAIN RELATIONSHIPS & RELATED TRANSACTIONS ......................18
ITEM 13 EXHIBITS AND REPORTS ON FORM 8-K ..................................19
             Exhibits .....................................................19
             Reports on Form 8-K ..........................................19
ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES ..........................19

SIGNATURES ................................................................20


                                       3
<PAGE>


PART I

ITEM 1. DESCRIPTION OF BUSINESS.

                                   The Company

Unitech Energy Corp. is a Nevada corporation  originally formed on July 16, 1998
as "Power  Professionals,  Inc..  Our principal  place of business is located at
8776 East Shea, Suite B3A323,  Scottsdale, AZ 85260. We were organized to engage
in any lawful corporate business, including but not limited to, participating in
mergers with,  and the  acquisitions  of, other  companies.  We have been in the
developmental stage since our inception and have no operating history other than
organizational matters.

                             Business of the Company

Our primary activity  currently  involves seeking a company or companies that we
can acquire or with whom we can merge.  Our  management has entered into initial
acquisition  negotiations with Unitech Energy Corp., an Alberta corporation.  No
definitive agreement has yet been executed.

                                    Employees

Our only employees at the present time are our two officers and  directors,  who
will devote as much time as they  determines  necessary to carry out the affairs
of our company.

ITEM 2. DESCRIPTION OF PROPERTIES

We have no significant assets, property, or operating capital.

ITEM 3. LEGAL PROCEEDINGS

We are not a party to, nor are any of our properties the subject of, any pending
legal  proceedings  and no such  proceedings are known to us to be threatened or
contemplated by or against us.

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

On December 30, 2003, our shareholders unanimously approved by written consent a
name change from Power  Professionals,  Inc. to Unitech  Energy  Corp.  No other
matters were submitted to our shareholders during the fourth quarter of 2003.



                                       4
<PAGE>


PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY & RELATED STOCKHOLDER MATTERS

                                     Market

To the knowledge of current  management,  there is no public  trading market for
our common stock.

                                     Holders

At  December  31,  2003,  there were  approximately  37 holders of record of our
common stock.

                                    Dividends

We have not declared any cash dividends  within the past two years of our common
stock,  nor do we anticipate or contemplate  paying dividends in the foreseeable
future.

ITEM 6. MANAGEMENT'S  DISCUSSION & ANALYSIS OF FINANCIAL  CONDITION & RESULTS OF
OPERATION

                                Plan of Operation

We plan to seek,  investigate,  and if such investigation  warrants,  acquire an
interest in one or more  business  opportunities  presented  to it by persons or
firms desiring the perceived advantages of a publicly held corporation.  We have
entered into  material  acquisition  negotiations  with Unitech  Energy Corp, an
Alberta  corporation.  As of December 31, 2003, no definitive agreement had been
executed.

We  will  not  restrict  our  search  to any  specific  business,  industry,  or
geographical location, and may participate in business ventures of virtually any
kind or nature.  Discussion  of the  proposed  business  under this  caption and
throughout this Report is purposefully  general and is not meant to restrict our
virtually  unlimited  discretion  to  search  for  and  enter  into  a  business
combination.

                          Forward-Looking Statements

This  statement  includes  projections  of future  results and  "forward-looking
statements" as that term is defined in Section 27A of the Securities Act of 1933
as amended (the "Securities  Act"),  and Section 21E of the Securities  Exchange
Act of 1934 as amended (the "Exchange Act"). All statements that are included in
this  Financial  Statement,  other  than  statements  of  historical  fact,  are
forward-looking  statements.  Although Management believes that the expectations
reflected in these  forward-looking  statements are  reasonable,  it can give no
assurance  that such  expectations  will prove to have been  correct.  Important
factors  that  could  cause  actual  results  to  differ   materially  from  the
expectations are disclosed in this Statement,  including, without limitation, in
conjunction with those forward-looking statements contained in this Statement.

                                       5
<PAGE>


ITEM 7. FINANCIAL STATEMENTS


                                TABLE OF CONTENTS


                                                                            PAGE

INDEPENDENT AUDITOR'S REPORT ............................................... F-1

BALANCE SHEET .............................................................. F-2

STATEMENTS OF OPERATIONS ................................................... F-3

STATEMENTS OF STOCKHOLDERS' EQUITY ......................................... F-4

STATEMENTS OF CASH FLOWS ................................................... F-5

NOTES TO FINANCIAL STATEMENTS ........................................ F-6 - F-8


                                       6
<PAGE>

                          INDEPENDENT AUDITOR'S REPORT

To the Board of Directors and Stockholders
Unitech Energy Corporation
Kamloops, B.C. Canada

We have audited the  accompanying  balance sheet of Unitech Energy  Corporation,
formerly Power  Professionals,  Inc. (a Nevada  development stage company) as of
December 31,  2003,  and the related  statements  of  operations,  stockholders'
equity  (deficit),  and cash flows for each of the years in the two year  period
ended  December 31, 2003,  and for the period from July 16, 1998  (inception) to
December 31, 2003.  These  financial  statements are the  responsibility  of the
Company's  management.  Our  responsibility  is to  express  an opinion on these
financial statements based on our audits.

We  conducted  our  audits of these  financial  statements  in  accordance  with
auditing  standards  generally  accepted in the United States of America.  Those
standards  require  that we plan and  perform  the  audit to  obtain  reasonable
assurance   about  whether  the  financial   statements  are  free  of  material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the  accounting  principles  used and  significant  estimates  made by
management,  as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects, the financial position of Unitech Energy Corporation,  as
of December 31, 2003,  and the results of its  operations and its cash flows for
each of the years in the two year period ended  December  31, 2003,  and for the
period from July 16, 1998  (inception) to December 31, 2003, in conformity  with
accounting principles generally accepted in the United States of America.

The accompanying  financial  statements have been prepared  assuming the Company
will  continue  as a going  concern.  As  discussed  in Note 1 to the  financial
statements,  the  Company  is in the  development  stage  and has not  commenced
operations.  Its ability to continue as a going  concern is  dependent  upon its
ability to develop  additional  sources of capital,  and/or  achieve  profitable
operations.  These  conditions  raise  substantial  doubt  about its  ability to
continue  as a going  concern.  The  financial  statements  do not  include  any
adjustments that might result from the outcome of these uncertainties.

Braverman & Company, P.C.
Prescott, Arizona
March 3, 2004

                                      F-1

                                       7
<PAGE>



                           Unitech Energy Corporation
                         ( a Development Stage Company)
                                  BALANCE SHEET
                                December 31, 2003



                                     ASSETS
                                     ------

 CURRENT ASSETS                                            $           -
                                                          --------------

                                                           $           -
                                                          ==============

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


CURRENT LIABILITIES

   Accounts payable, officers/shareholders                 $      19,933
                                                          --------------

       Total Current Liabilities                                  19,933
                                                          --------------


COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT)

   Common stock, par value $.001, 25,000,000 shares
     authorized, 1,000,000 issued and outstanding                  1,000
   Paid-in capital                                                 1,800
   (Deficit) accumulated during the development stage            (22,733)
                                                          --------------

       Total Stockholders' Equity (Deficit)                      (19,933)
                                                          --------------

                                                           $           -
                                                          ==============

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                      F-2

                                       8
<PAGE>



                           Unitech Energy Corporation
                         ( a Development Stage Company)
                            STATEMENTS OF OPERATIONS

                                                                   Cumulative
                                                                  from July 16
                                                                      1998
                                                                   (Inception)
                                                                        to
                                     Years Ended  December 31,     December 31,
                                   ----------------------------- --------------
                                          2003           2002           2003
                                   -------------- -------------- --------------
REVENUE                             $           -  $           -  $           -
                                   -------------- -------------- --------------

EXPENSES
   General and adminstrative                4,358          4,335         22,733
                                   -------------- -------------- --------------

   TOTAL EXPENSES                           4,358          4,335         22,733
                                   -------------- -------------- --------------
NET (LOSS)                          $      (4,358) $      (4,335) $     (22,733)
                                   ============== ============== ==============

NET (LOSS) PER COMMON SHARE-BASIC   $         *    $         *
                                   ============== ==============

WEIGHTED AVERAGE NUMBER
OF COMMON SHARES OUTSTANDING            1,000,000      1,000,000
                                   ============== ==============

* Less than $(.01) per share


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                      F-3

                                       9
<PAGE>


                           Unitech Energy Corporation
                         ( a Development Stage Company)
             STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)

<table>
<caption>

                                                                                   (Deficit)
                                                                                  Accumulated
                                               Common Stock                        During the
                                    -----------------------------    Paid-in      Development
                                         Shares        Amount        Capital         Stage         Total
                                    -------------- -------------- -------------- -------------- --------------
<S>                                        <C>            <C>            <C>            <C>           <C>
Balances, at inception                           -  $           -  $           -  $           -  $           -
Proceeds from sale of common
   stock at $.01 per share                 200,000            200          1,800                         2,000
Proceeds from sale of common
   stock at par value $.001                800,000            800                                          800
   Net (loss) for the period                                                             (2,385)        (2,385)
                                    -------------- -------------- -------------- -------------- --------------

Balances, December 31, 1998              1,000,000          1,000          1,800         (2,385)           415
   Net (loss) for the year                                                               (2,985)        (2,985)
                                    -------------- -------------- -------------- -------------- --------------

Balances, December 31, 1999              1,000,000          1,000          1,800         (5,370)        (2,570)
   Net (loss) for the year                                                               (2,985)        (2,985)
                                    -------------- -------------- -------------- -------------- --------------

Balances, December 31, 2000              1,000,000          1,000          1,800         (8,355)        (5,555)
   Net (loss) for the year                                                               (5,685)        (5,685)
                                    -------------- -------------- -------------- -------------- --------------

Balances, December 31, 2001              1,000,000          1,000          1,800        (14,040)       (11,240)
   Net (loss) for the year                                                               (4,335)        (4,335)
                                    -------------- -------------- -------------- -------------- --------------

Balances, December 31, 2002              1,000,000          1,000          1,800        (18,375)       (15,575)
   Net (loss) for the year                                                               (4,358)        (4,358)
                                    -------------- -------------- -------------- -------------- --------------

Balances, December 31, 2003              1,000,000  $       1,000  $       1,800  $     (22,733) $     (19,933)
                                    ============== ============== ============== ============== ==============
</table>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                      F-4

                                       10
<PAGE>

                           Unitech Energy Corporation
                         ( a Development Stage Company)
                            STATEMENTS OF CASH FLOWS
<table>
<caption>

                                                                                           Cumulative
                                                                                          from July 16,
                                                                                              1998
                                                                                            Inception
                                                             Years Ended December 31,          to
                                                           -----------------------------   December 31,
                                                                 2003           2002           2003
                                                           -------------- -------------- --------------
<S>                                                               <C>            <C>            <C>
OPERATING ACTIVITIES
   Net (loss) from operations                               $      (4,358) $      (4,335) $     (22,733)
                                                           -------------- -------------- --------------

       NET CASH (USED BY) OPERATING ACTIVITIES                     (4,358)        (4,335)       (22,733)
                                                           -------------- -------------- --------------

FINANCING ACTIVITIES
   Shareholder advances                                             4,358          4,335         19,933
   Proceeds from sale of common stock                                                  -          2,800
                                                           -------------- -------------- --------------

       NET CASH PROVIDED BY FINANCING ACTIVITIES                    4,358          4,335         22,733
                                                           -------------- -------------- --------------

       NET INCREASE IN CASH                                             -              -              -
                                                           -------------- -------------- --------------

       CASH, BEGINNING OF PERIOD                                        -              -              -
                                                           -------------- -------------- --------------

       CASH, END OF PERIOD                                  $           -  $           -  $           -
                                                           ============== ============== ==============
</table>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS

                                      F-5

                                       11
<PAGE>

                           Unitech Energy Corporation.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

History

Unitech Energy Corporation, formerly Power Professionals, Inc. (the Company), is
in the  development  stage as defined in Financial  Accounting  Standards  Board
Statement  No.  7. It is a  Nevada  corporation,  formed  July 16,  1998.  Since
inception it has had no  operations  and is a reporting  company  having filed a
Form 10-SB which became effective. The articles of incorporation were amended to
provide for the name change of Unitech  Energy  Corporation on December 30, 2003
The Company's year-end is December 31.

Going Concern

The Company's financial statements have been presented on the basis that it is a
going concern, which contemplates the realization of assets and the satisfaction
of  liabilities  in the normal  course of  business.  The  Company's  ability to
continue in existence is dependent on its ability to develop  additional sources
of capital,  locate and merge with a  profitable  merger  candidate,  or achieve
profitable  operations.   Management's  plan  is  to  pursue  a  stock  exchange
transaction with a viable entity. The accompanying  financial  statements do not
include  any   adjustments   that  might   result  from  the  outcome  of  these
uncertainties.

Income Taxes

Income taxes in are provided for using the  liability  method of  accounting.  A
deferred tax asset or liability is recorded for all temporary difference between
financial and tax reporting. Deferred tax expense (benefit) results from the net
change  during  the year of  deferred  tax  assets  and  liabilities.  Valuation
allowances are  established  when necessary to reduce deferred tax assets to the
amount  expected to more likely than not be realized in future tax returns.  Tax
law and rate  changes are  reflected  in income in the period  such  changes are
enacted.


Earnings (loss) Per Common Share

Loss per common share has been calculated based upon the weighted average number
of common shares  outstanding during the period in accordance with the Statement
of Financial  Accounting  Standards Statement No. 128, "Earnings per Share". For
loss per share and financial  presentation purposes, all shares outstanding were
considered issued at inception of the Company.


Use of Estimates in the Preparation of Financial Statements

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities,  the disclosure of contingent assets and liabilities at the date of
the  financial  statements  and the  reported  amounts of revenues  and expenses
during the reporting  periods.  Actual results could differ from those estimates
and assumptions.
                                      F-6

                                       12
<PAGE>


NOTE 2 - OPERATING EXPENSES

Operating  expenses since inception  include amounts incurred by the Company for
management  services,  incorporation  and annual charter fees,  office expenses,
filing fees,  resident  agent and  auditing and review  services at the lower of
cost or fair value.  Since the Company has never maintained a bank account,  all
such expenses incurred to date have been paid by the principal shareholder, less
the proceeds  received  from the sale of the  1,000,000  shares of the Company's
common stock of $2,800. As of December 31, 2003, the accumulated  amount of such
expenses owed to shareholder, net of the proceeds of common stock was $19,933.

NOTE 3 - INCOME TAXES

There was no current  federal  tax  provision  or benefit  for any period  since
inception,  nor were  there any  recorded  deferred  income  tax  assets as such
amounts were completely offset by valuation allowances. All expenses incurred to
date are  considered  start-up  costs for income tax  purposes,  and will become
deductible  once the  Company's  business  commences.  Such costs are subject to
amortization over a 5 year period,  unless permanently  capitalized.  Therefore,
the Company has no net operating loss carryovers for income tax purposes.


The  following is an analysis of deferred tax assets for as of December 31, 2002
and 2003.

                                            Deferred     Valuation
                                            Tax Assets   Allowance   Balance
                                            ----------   ---------   --------
Deferred tax assets at December 31, 2002    $    3,675     (3,675)   $    -0-
Additions for 2003                                 868       (868)        -0-
                                            ----------   ---------   ---------
Deferred tax assets at December 31, 2003    $    4,543   $ (4,543)   $    -0-
                                            ==========   =========   ========

The following is reconciliation  from the expected  statutory federal income tax
provision  to the  Company's  actual  income tax  (benefit)  for the years ended
December 31:

                                                                2003     2002
                                                             --------  --------
Expected income tax (benefit) at federal statutory tax rate  $ ( 868)  $ ( 867)
Valuation allowance                                              868       867

Actual income tax (benefit)                                  $    -0-  $    -0-
                                                             ========  ========

NOTE 4 - COMMITMENTS AND CONTINGENCIES

No income tax returns have been filed since  inception,  nor is there any income
tax liability associated with such returns.


NOTE 5 - THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS

Below is a listing of the most recent  accounting  standards and their effect on
the Company.
                                      F-7

                                       13
<PAGE>

NOTE 5 - THE EFFECT OF RECENTLY ISSUED ACCOUNTING STANDARDS - CONTINUED

SFAS 148 Accounting for Stock-Based Compensation-Transition and Disclosure

     Amends FASB 123 to provide  alternative methods of transition for an entity
     that  voluntarily  changes to the fair value based method of accounting for
     stock-based employee compensation.

SFAS 149  Amendment  of  Statement  133 on  Derivative  Instruments  and Hedging
          Activities

     This Statement amends and clarifies financial  accounting and reporting for
     derivative  instruments,  including certain derivative instruments embedded
     in  other  contracts  (collectively  referred  to as  derivatives)  and for
     hedging activities under FASB Statement NO. 133,  Accounting for Derivative
     Instruments and Hedging Activities.

SFAS 150 Financial  Instruments  with  Characteristics  of both  Liabilities and
         Equity

     This Statement  requires that such instruments be classified as liabilities
     in the balance  sheet.  SFAS 150 is  effective  for  financial  instruments
     entered into or modified after May 31, 2003.

Interpretation No. 46 (FIN 46)

     Effective  January 31,  2003,  The  Financial  Accounting  Standards  Board
     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 continuing  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. The
     Company has not invested in any such entities, and does not expect to do so
     in the foreseeable future.

The adoption of these new  Statements is not expected to have a material  effect
on the Company's financial position, results or operations, or cash flows.

NOTE 6 - SUBSEQUENT EVENTS

Private Placement of Common Stock

On January 28, 2004, the Company sold 850,000 shares of restricted  common stock
in a private placement for $.50 per share or $425,000.

Stock Exchange Transaction

On January 31, 2004 the Company entered into a stock exchange  agreement wherein
all of the common stock of Unitech  Energy Corp.,  an Alberta  corporation,  was
acquired for  $500,000(CDN)  and 16,270,000  shares of the Company's  restricted
common stock. Unitech Energy Corp. is considered the accounting acquirer and all
subsequent  financial  statements  will be  presented on a  consolidated  basis,
wherein  the  accounting  acquirer  will be  considered  the parent  company for
financial  presentation  purposes only.  Accordingly  the historical  results of
operations and cash flows of the accounting acquirer will be presented,  similar
to a "pooling of interests".

                                      F-8



                                       14
<PAGE>

ITEM 8. CHANGES IN &  DISAGREEMENTS  WITH  ACCOUNTANTS ON ACCOUNTING & FINANCIAL
DISCLOSURE

We are not  aware,  and have not  been  advised  by our  auditors,  Braverman  &
Company,  C.P.A. of any  disagreement on any matter of accounting  principles or
practices, financial statement disclosures, or auditing scope or procedure.

ITEM 8A. CONTROLS AND PROCEDURES

                Evaluation of Disclosure Controls and Procedures

Disclosure  controls  and  procedures  are  designed to ensure that  information
required to be  disclosed in the reports  filed or submitted  under the Exchange
Act of 1934 is recorded,  processed,  summarized  and reported,  within the time
periods  specified  in the  rules  and  forms  of the  Securities  and  Exchange
Commission.  Disclosure  controls and procedures  include,  without  limitation,
controls  and  procedures  designed  to ensure that  information  required to be
disclosed  in the reports  filed under the  Securities  Exchange  Act of 1934 is
accumulated  and  communicated  to  management,  including  our Chief  Executive
Officer,   as  appropriate,   to  allow  timely  decisions   regarding  required
disclosure.

Within the 90 days prior to the filing  date of this  report,  we carried out an
evaluation of the  effectiveness  of the design and operation of our  disclosure
controls and procedures  pursuant to Exchange Act Rule 13a-14.  This  evaluation
was done  under the  supervision  and with the  participation  of our  Principal
Executive Officer. Based upon that evaluation,  he concluded that our disclosure
controls and  procedures  are effective in gathering,  analyzing and  disclosing
information needed to satisfy our disclosure obligations under the Exchange Act.

                          Changes in Internal Controls

There were no significant  changes in our internal  controls or in other factors
that could significantly  affect those controls since the most recent evaluation
of such controls.

                                       15
<PAGE>

PART III

ITEM 9. DIRECTORS,  EXECUTIVE OFFICERS,  PROMOTERS & CONTROL PERSONS, COMPLIANCE
WITH SECTION 16(a) OF THE EXCHANGE ACT

The Directors and Officers of the Company are as follows:

Name                 Age   Positions and Offices Held    Expiration of Term
-------------------  ---   ----------------------------  -----------------------
Kevin Ericksteen     29     Director/President           January 11, 2004

Deanna Olson         32     Secretary, Treasurer and     January 11, 2004
                            Director

Kevin Ericksteen,  Age 29, Director and President:  Mr. Ericksteen has served as
our President and Director  since January 12, 1999.  His term expires on January
11, 2004. For the past five (5) years Mr.  Ericksteen has been  self-employed as
an  independent  business  consultant  and  is the  sole  member  of  Ericksteen
Consulting,  L.L.C. Mr.  Ericksteen  earned a Bachelor of Arts Degree in History
from Arizona State  University in 1997, and attended the University of San Diego
School of Law from 1998-1999.

Mr.  Ericksteen  serves  or has  served as an  officer  and/or  director  in the
following reporting blank check companies:

Incorporation Name                 Form Type  File No.          Date     Status
--------------------------------- ---------  ---------        --------  -------
Foresight Specialists, Inc.         10SB12G  000-32757         5/15/01  No (1)
Noricom, Inc.                       10SB12G  000-32767         5/15/01  No
Grant Hayward, Inc.                 10SB12G  000-32765         5/15/01  No
Power Professionals, Inc.           10SB12G  000-32763         5/15/01  No
AM Marketing, Inc.                  10SB12G  000-32317         2/07/01  No
Dakota Distribution, Inc.           10SB12G  000-32761         5/15/01  No
Roberts & Levin, Inc.               10SB12G  000-32765         5/15/01  No
Cable Net, Inc.                     10SB12G  000-32309         5/04/01  No
J. Allen Greer, Inc.                10SB12G  000-32769         5/15/01  No
Shelby Group, Inc.                  10SB12G  000-32773         5/15/01  No
Desert Sky Consulting, Inc.         10SB12G  000-32313         2/07/01  No
Kaufman & Hurtz, Inc.               10SB12G  000-32755         5/15/01  No
Baxtrom & Associates, Inc.          10SB12G  000-32753         5/15/01  No

(1) "No"  represents  that as of December 31, 2003,  the company has not entered
into any  agreement  for a merger  or  acquisition  and is  seeking  a merger or
acquisition candidate.

Deanna Olson,  Age 32,  Director,  Secretary and  Treasurer:  Ms. Olson has been
Secretary,  Treasurer  and Director  since  January 12, 1999.  Ms.  Olson's term
expires on January 11,  2004.  From  1991-1994,  Ms. Olson  attended  University
College of the Cariboo in Kamloops,  British Columbia, Canada. For the past five
(5) years she has been  employed as an  administrative  assistant  with Palamesa
Investments, Inc.

                                       16
<PAGE>

DIRECTORS,  EXECUTIVE OFFICERS,  PROMOTERS & CONTROL PERSONS, COMPLIANCE
WITH SECTION 16(a) OF THE EXCHANGE ACT - continued

Ms. Olson serves or has served as an officer  and/or  director in the  following
reporting blank check companies:

Incorporation Name                 Form Type  File No.          Date     Status
--------------------------------- ---------  ---------        --------  -------
Foresight Specialists, Inc.         10SB12G  000-32757         5/15/01  No (1)
Noricom, Inc.                       10SB12G  000-32767         5/15/01  No
Grant Hayward, Inc.                 10SB12G  000-32765         5/15/01  No
Power Professionals, Inc.           10SB12G  000-32763         5/15/01  No
AM Marketing, Inc.                  10SB12G  000-32317         2/07/01  No
Dakota Distribution, Inc.           10SB12G  000-32761         5/15/01  No
Roberts & Levin, Inc.               10SB12G  000-32765         5/15/01  No
Cable Net, Inc.                     10SB12G  000-32309         5/04/01  No
J. Allen Greer, Inc.                10SB12G  000-32769         5/15/01  No
Shelby Group, Inc.                  10SB12G  000-32773         5/15/01  No
Desert Sky Consulting, Inc.         10SB12G  000-32313         2/07/01  No
Kaufman & Hurtz, Inc.               10SB12G  000-32755         5/15/01  No
Baxtrom & Associates, Inc.          10SB12G  000-32753         5/15/01  No

(1) "No"  represents  that as of December 31, 2003,  the company has not entered
into any  agreement  for a merger  or  acquisition  and is  seeking  a merger or
acquisition candidate.

MEETINGS OF THE BOARD OF DIRECTORS AND COMMITTEES OF THE BOARD OF DIRECTORS

Our  operations  are managed  under the  supervision  of our Board of Directors,
which has the ultimate  responsibility  for the establishment and implementation
of our general operating philosophy, objectives, goals and policies.

During  fiscal 2003,  pursuant to the laws of the State of Nevada,  our Board of
Directors  did not  formally  meet  as a  Board.  In  fiscal  2003,  none of our
directors  received any fee for attending Board meetings and received no expense
reimbursement.

During fiscal 2003,  the Board of Directors had no  committees.  We generated no
revenues  from  operations.  Management  intends  to  establish  both  an  Audit
Committee and  Compensation  Committee  after we have merged into or acquired an
operating business and we begin to generate revenues.

ITEM 9B: COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

Section  16(a) of the  Securities  Exchange Act of 1934  requires our  officers,
directors  and person who own more than 10% of our Common  Stock to file reports
of  ownership  and  changes  in  ownership  with  the  Securities  and  Exchange
Commission.  All of the  aforesaid  persons are  required by SEC  regulation  to
furnish us with copies of all Section  16(a) forms they file.  No changes in the
holdings of any officer,  director or other person took place and therefore,  no
other reports were required to be filed.

                                       17
<PAGE>

ITEM 10. EXECUTIVE COMPENSATION

During the last fiscal  year,  our officers  and  directors  did not receive any
salary, wage or other  compensation.  During the current fiscal year, we have no
present plans or means to pay compensation to our officers and directors.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS & MANAGEMENT

As of December 31, 2003, there were 1,000,000 shares of our common stock,  $.001
par value  outstanding.  The following  tabulates holdings of our shares by each
person who,  subject to the above,  at December 31, 2003,  holds of record or is
known by our management to own beneficially  more than 5.0% of the common shares
and, in addition,  by all of our  directors and officers  individually  and as a
group. To the best of our knowledge, each named beneficial owner has sole voting
and investment power with respect to the shares set forth opposite his name.

Security Ownership of Beneficial Owners:
----------------------------------------

Beneficial Owner  Class    Amount    Nature of Ownership  Percentage
----------------  -------  --------  -------------------  ------------
Kevin Ericksteen  Common   400,000   Direct                   40 %

Deanna Olson      Common   400,000   Direct                   40 %

--------------------------------------------------------------------------------
Total Common Shares        800,000                            80%


Security Ownership of Management:
---------------------------------

Beneficial Owner  Class    Amount    Nature of Ownership  Percentage
----------------  -------  --------  -------------------  ------------
Kevin Ericksteen  Common   400,000   Direct                   40 %

Deanna Olson      Common   400,000   Direct                   40 %

--------------------------------------------------------------------------------
Total Common Shares        800,000                            80%

ITEM 12. CERTAIN RELATIONSHIPS & RELATED TRANSACTIONS

None

                                       18
<PAGE>

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

                                    Exhibits

     (a) Exhibits

EXHIBIT
NUMBER   DESCRIPTION
-------  -----------
     10.1 Articles of Incorporation*

     10.2 Certificate of Amendment of Articles of Incorporation

     10.3 Bylaws*

     *    Incorporated  by  Reference on Form  10SB12G  filed May 15, 2001,  and
          amended on May 24, 2001.

     23.1 Consent of Independent Auditor

     31.1 Certificate  of  Principal  Executive  Officer  as  Required  by  Rule
          13a-14(a)/15d-14

     31.2 Certificate  of  Principal  Accounting  Officer  as  Required  by Rule
          13a-14(a)/15d-14

     32.1 Certificate  of  Principal  Executive  Officer  as  Required  by  Rule
          13a-14(b) and Rule 15d- 14(b) (17 CFR  240.15d-14(b)) and Section 1350
          of Chapter 63 of Title 18 of the United States Code

     32.1 Certificate  of  Principal  Accounting  Officer  as  Required  by Rule
          13a-14(b) and Rule 15d-14(b) (17 CFR  240.15d-14(b))  and Section 1350
          of Chapter 63 of Title 18 of the United States Code

     (b) Reports on Form 8-K

     Form 8-K filed March 13, 2004

On December 30, 2003, our shareholders,  by written consent,  voted to amend our
Articles of Incorporation to change our name from "Power Professionals, Inc." to
"Unitech  Energy Corp." The  Certificate  of Amendment was filed with the Nevada
Secretary of State on December 30, 2003.


ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES

Our Board of Directors  reviews and  approves  audit and  permissible  non-audit
services performed by its independent  accountants,  as well as the fees charged
for such services.  In our review of non-audit  service fees and its appointment
of Braverman & Company,  C.P.A.,  as our independent  accountants,  our board of
directors  considered  whether the provision of such services is compatible with
maintaining  independence.  All of the  services  provided  and fees  charged by
Braverman & Company  C.P.A.,  in fiscal  years ended  December  31,  2003,  were
approved by our board of directors.

                                       19
<PAGE>

PRINCIPAL ACCOUNTANT FEES AND SERVICES - continued

Audit Fees

The  aggregate  fees billed by  Braverman & Company,  C.P.A.,  for  professional
services for the audit of our annual financial  statements and the review of the
financial  statements  included in our quarterly reports on Form 10-QSB for 2003
and 2002 were $2,300 and $2,300,  respectively,  net of expenses.  Audit-Related
Fees

There  were no other  fees  billed by  Braverman  & Company  during the last two
fiscal years for assurance and related services that were reasonably  related to
the  performance  of the  audit or review of our  financial  statements  and not
reported under "Audit Fees" above.

Tax Fees

The  aggregate  fees billed  during the last two fiscal  years for  professional
services  rendered for tax  compliance  for fiscal years ended December 31, 2003
and 2002 were $0 and $0, respectively.

                                   SIGNATURES

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

Unitech Energy Corporation

Dated: October 15, 2004

By: /s/ James Durward
    ---------------------
        James Durward
        Principal Executive Officer

By: /s/ James Durward
    ---------------------
        James Durward
        Principal Accounting Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report
has been signed by the following  persons on behalf of the Registrant and in the
capacities and on the dates indicated.

Dated: October 15, 2004

By: /s/ James Durward
    ---------------------
        James Durward
        Director

By: /s/ Christopher A. Kolacy
    ---------------------
        Christopher A. Kolacy
        Director


                                       20
<PAGE>