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

                            Form 10-KSB
(Mark One)

[X]   Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange
      Act of 1934 For the Fiscal Year Ended December 31, 2002

[ ]   Transition Report Pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934
      For the Transition Period from_________to __________

Commission File Number 0-33417

                    EPIC FINANCIAL CORPORATION
                   ----------------------------
                   (Exact Name of Registrant as
                     Specified in its Charter)

               Nevada                                        88-0451534
           ---------------                                 ---------------
     (State or other jurisdiction of                     (I.R.S. employer
      incorporation or organization)                    identification number)


  3300 Irvine Avenue, Suite 220, Newport Beach, CA           92660
 ---------------------------------------------------       ----------
      (Address of principal executive offices)             (Zip code)

Issuer's Telephone Number: (949) 622-1130

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

   Title of each class         Name of each exchange on which registered
---------------------------    -----------------------------------------
         N/A                                  N/A

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

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 [ ]

Check if there is no disclosure of delinquent filers in response
to Item 405 of Regulation S-B is not 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]

The issuer's revenues for its most recent fiscal year: $-0-

The aggregate market value of voting and non-voting common equity
held by non-affiliates of the registrant as of April 21, 2003:
Common stock, $0.001 par value:  $279,461.

The number of shares of the registrant's common stock outstanding
as of April 21, 2003:  3,349,327.

Documents incorporated by reference:  Not Applicable

          Transitional Small Business Disclosure Format:  Yes [ ]  No [X]


                    FORWARD-LOOKING STATEMENTS

   This annual report contains forward-looking statements. In some
cases, you can identify forward-looking statements by terms such
as "may," "will," "should," "could," "would," "expects," "plans,"
"anticipates," "believes," "estimates," "projects," "predicts,"
"potential" and similar expressions intended to identify forward-
looking statements. These statements reflect our current views
with respect to future events and are based on assumptions and
subject to risks and uncertainties. These risks, uncertainties and
other factors may cause our actual results, performances or
achievements to be materially different from those expressed or
implied by our forward-looking statements. Our forward-looking
statements in this annual report include, but are not limited to,
statements relating to:

   *  our anticipated business strategy;

   *  the market opportunity for our services, including
      anticipated growth of our industry and expected demand for
      our services;

   *  our plans for hiring additional personnel;

   *  our estimates regarding our future capital requirements and
      needs for additional financing; and

   *  any of our other plans, objectives, expectations and
      intentions contained in this prospectus that are not
      historical facts.

   You should read this annual report completely and with the
understanding that our actual future results may be materially
different from what we expect. We will not update these forward-
looking statements, even though our situation may change in the
future. We qualify all of our forward-looking statements by these
cautionary statements.

   Our forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to
be materially different. Such factors include, among others, the
risk and other factors set forth in the section "Risk Factors" as
well as the following:

   *  changes in general economic and business conditions;

   *  changes in current pricing levels;

   *  reductions in sales to any of our significant customers or
      in customer capacity generally;

   *  our ability to hire and retain qualified personnel;

   *  changes in our sales mix to lower margin financial products;

   *  increased competition; and

   *  our ability to keep up with technological change and changes
      in customer demands.

   If one or more of these risks or uncertainties materialize, or
if underlying assumption prove incorrect, our actual results may
vary materially from those expected, estimated or projected.
Because of these uncertainties, you should not place undue
reliance on forward-looking statements.

                              PART I

Item 1.  Description of Business.

     Business Development

     On February 14, 2000, we were incorporated in the State of
Nevada under the name "BigEquip.net, Inc." and February 8, 2002
our name was changed to "Big Equipment Services, Inc."  We
sometimes refer to our company in this Annual Report as the
"Company".

     Effective March 7, 2003, the Articles of Incorporation of the
Company were amended to change the name of the Company to Epic
Financial Corporation. At the same time, the Certificate of
Amendment to Articles of Incorporation effectuated a 1-for-20
reverse split of the Company's common stock. The record date for
the reverse split was the close of business on March 6, 2003. For
further information concerning the change of name and reverse
split, reference is made to the Company's Schedule 14C Definitive
Information Statement that was filed with the Securities and
Exchange Commission on February 14, 2003.

     Pursuant to a Purchase Agreement dated March 7, 2003, the
Company, on March 31, 2003, closed a transaction, whereby it
acquired all of the issued and outstanding shares of common stock,
no par value, of Saddleback Investment Services, Inc., a
California corporation ("Saddleback") from William R. Parker ("Mr.
Parker") and six otherwise unaffiliated persons or entities. In
exchange for the shares of Saddleback, we issued 1,500,000 shares
of our restricted common stock, $0.001 par value per share, to Mr.
Parker and an aggregate of 1,500,000 shares to such other persons
or entities.  As a result of this transaction, Mr. Parker became
the beneficial owner of 44.79% of the issued and outstanding
common stock of the Registrant, the sole class of voting stock of
the Registrant.  As a part of the transaction, on March 31, 2003,
Mr. Parker was appointed to the Board of Directors of the Company
and elected President of the Company.  Frank Iannuzzi remains
Chairman of the Board and Chief Financial Officer.  For further
information concerning the acquisition of Saddleback by the
Company, reference is made to our Current Report on Form 8-K ,
which was filed with the Securities and Exchange Commission on
March 31, 2003.

     At the same time, we abandoned the intended focus of our
business form one of providing business and e-commerce solutions
to small- and medium-sized construction companies, which was never
implemented, and adopted a new business strategy - a financial
services firm, specifically  real estate mortgage financing.

     As a result of the acquisition by the Company of Saddleback,
on March 31, 2003, Saddleback became a wholly-owned subsidiary of
the Company.  The transaction was treated as a reverse acquisition
for accounting purposes.  The historical results reflected in the
financial statement and discussed herein, however, are those of
the entity in existence as of the fiscal year ended December 31,
2002, Big Equipment Services, Inc. (formerly BigEquip.net, Inc.).

     As a result of the accounting treatment of the purchase of
the Saddleback Stock by the Company, Saddleback is deemed to be
the "Accounting Acquiror", thus resulting in the Company's
adoption of the October 31 fiscal year-end of the Accounting
Acquiror.  Subject to the Company's filing of any Current Reports
on Form 8-K, the Company expects that the next periodic report
that it will file subsequent to this Annual Report pursuant to its
obligations under Section 13 or 15(d) of the Securities Exchange
Act of 1934 will be its Quarterly Report on Form 10-QSB for the
period ended April 30, 2003.

     Business of the Company

     The following discussion of the business of the Company
includes the business operations of its subsidiary, Saddleback
Investment Services, Inc., which was acquired by the Company on
March 31, 2003.

General

     Saddleback, presently doing business as American National
Mortgage ("American National") is a mortgage broker and banking
entity with its principal office located in Newport Beach,
California. American National was formed in November, 1992 and
operated primarily as a wholesale mortgage banker until mid-2001.
In July 2001, American National was acquired by EMB Corporation.
Due to the inability of its parent company to provide adequate
capital for growth, American National suspended much of its
operations and conducted only limited retail mortgage operations
until December 2002, at which time Mr. Parker rescinded the
transaction with EMB Corporation.  From January 2003 to present
the Company has again began to expand its retail mortgage
operations.  American National anticipates not only a growth in
such retail operations, but also a significant expansion of
wholesale lending operations.

     American National generates its income primarily through fees
and expenses charged to borrowers and from yield spread premiums
and/or service release premiums paid to American National when the
closed loans are sold by American National to third party
investors, primarily larger mortgage lenders or banks.

     American National is presently approved to do business in
approximately 10 states, including the State of California, by
means of qualifying with each state through individual licensing
or registration processes.    American National is approved as a
direct endorsement lender by the U.S. Department of Housing and
Urban Development / Federal Housing Authority ("FHA").

     Loan Standards.  Mortgage loans made by American National are
loans with fixed or adjustable rates of interest, secured by first
mortgages, deeds of trust or security deeds on residential
properties with original principal balances that, generally, do
not exceed 95% of the value of the mortgaged properties, unless
such loans are FHA-insured.  Generally, each mortgage loan having
a loan-to-value ratio, as of the date of the loan, in excess of
80%, or which is secured by a second or vacation home, will be
covered by a Mortgage Insurance Policy or FHA Insurance Policy
insuring against default of all or a specified portion of the
principal amount thereof.

     The mortgage loans are "one to four-family" mortgage loans,
which means permanent loans (as opposed to construction or land
development loans) secured by mortgages on non-farm properties,
including attached or detached single-family or second/vacation
homes, one to four-family primary residences and condominiums or
other attached dwelling units, including individual condominiums,
row houses, townhouses and other separate dwelling units even when
located in buildings containing five or more such units.  Each
mortgage loan must be secured by an owner occupied primary
residence or second/vacation home, or by a non-owner occupied
residence.  The mortgaged property may not be a mobile home.

     In general, no mortgage loan is expected to have an original
principal balance less than $30,000.  While most loans will have
an original principal balance of less than $700,000, loans of up
to $2,000,000 may be funded by brokering such loans to
unaffiliated third-party mortgage lenders.  Fixed-rate mortgage
loans must be repayable in equal monthly installments which reduce
the principal balance of the loans to zero at the end of the term.

     Credit, Appraisal and Underwriting Standards.  Each mortgage
loan must (i) be an FHA-insured loan meeting the credit and
underwriting requirements of such agency, or (ii) meet the credit,
appraisal and underwriting standards established by American
National.  For certain mortgage loans that may be subject to a
mortgage pool insurance policy, American National may delegate to
the issuer of the mortgage pool insurance policy the
responsibility of underwriting such mortgage loans, in accordance
with American National's credit appraisal and underwriting
standards.  In addition, the American National may delegate to one
or more lenders the responsibility of underwriting mortgage loans
offered to American National by such lenders, in accordance with
American National's credit, appraisal and underwriting loans.

     American National's underwriting standards are intended to
evaluate the prospective mortgagor's credit standing and repayment
ability, and the value and adequacy of the proposed mortgaged
property as collateral.  In the loan application process,
prospective mortgagors will be required to provide information
regarding such factors as their assets, liabilities, income,
credit history, employment history and other related items.  Each
prospective mortgagor will also provide an authorization to apply
for a credit report, which summarizes the mortgagor's credit
history.  With respect to establishing the prospective mortgagor's
ability to make timely payments, American National will require
evidence regarding the mortgagor's employment and income, and of
the amount of deposits made to financial institutions where the
mortgagor maintains demand or savings accounts.

     American National's underwriting standards generally follow
guidelines acceptable to Federal National Mortgage Association
("FNMA" or "Fannie Mae") and Federal Home Loan Mortgage
Corporation ("FHLMC" or "Freddie Mac").  American National's
underwriting policies may be varied in appropriate cases.  In
determining the adequacy of the property as collateral, an
independent appraisal is made of each property considered for
financing.  The appraiser is required to inspect the property and
verify that it is in good condition and that construction, if new,
has been completed.  The appraisal is based on the appraiser's
judgment of values, giving appropriate weight to both the market
value of comparable homes and the cost of replacing the property.

     Certain states where the mortgaged properties may be located
are "anti-deficiency" states, where, in general, lenders providing
credit on one to four-family properties must look solely to the
property for repayment in the event of foreclosure.  See "Certain
Legal Aspects of the Mortgage Loans -- Anti-Deficiency Legislation
and Other Limitations on Lenders".  American National's
underwriting standards in all states (including anti-deficiency
states) require that the underwriting officers be satisfied that
the value of the property being financed, as indicated by the
independent appraisal, currently supports and is anticipated to
support in the future the outstanding loan balance, and provides
sufficient value to mitigate the effects of adverse shifts in real
estate values.

     Title Insurance Policies.  American National will require
that, at the time of the origination of the mortgage loans and
continuously thereafter, a title insurance policy be in effect on
each of the mortgaged properties and that such title insurance
policy contain no coverage exceptions, except those permitted
pursuant to the guidelines established by Fannie Mae or Freddie
Mac.

     Certain Legal Aspects of Mortgage Loans.

     General.  The mortgages originated by American National are
either mortgages or deeds of trust, depending upon the prevailing
practice in the state in which the property subject to a mortgage
loan is located.  A mortgage creates a lien upon the real property
encumbered by the mortgage.  It does not, generally, have priority
over liens for real estate taxes and assessments.  Priority
between mortgages depends on their terms and generally on the
order of filing with a state or county office.  There are two
parties to a mortgage, the mortgagor, who is the borrower and
homeowner (the "Mortgagor"), and the mortgagee, who is the lender.
Under the mortgage instrument, the Mortgagor delivers to the
mortgagee a note or bond and the mortgage.  Although a deed of
trust is similar to a mortgage, a deed of trust formally has three
parties, the borrower-homeowner called the trustor (similar to a
Mortgagor), a lender (similar to a mortgagee) called the
beneficiary, and a third-party grantee called the Trustee.  Under
a deed of trust, the borrower grants the property, irrevocably
until the debt is paid, in trust, generally with a power of sale,
to the Trustee to secure payment of the obligation.  The Trustee's
authority under a deed of trust and the mortgagee's authority
under a mortgage are governed by law, the express provisions of
the deed of trust or mortgage, and, in some cases, the directions
of the beneficiary.

     Foreclosure.  Foreclosure of a deed of trust is generally
accomplished by a non-judicial Trustee's sale under a specific
provision in the deed of trust which authorizes the Trustee to
sell the property to a third party upon any default by the
borrower under the terms of the note or deed of trust.  In some
states, the Trustee must record a notice of default and send a
copy to the borrower-trustor and to any person who has recorded a
request for a copy of a notice of default and notice of sale.  In
addition, the Trustee must provide notice in some states to any
other individual having an interest in the real property,
including any "junior lienholders".  The borrower, or any other
person having a junior encumbrance on the real estate, may, during
a reinstatement period, cure the default by paying the entire
amount in arrears, plus the costs and expenses incurred in
enforcing the obligation.  Generally, state laws require that a
copy of the notice of sale be posted on the property and sent to
all parties having an interest in the real property.

     Foreclosure of a mortgage is generally accomplished by
judicial action.  The action is initiated by the service of legal
pleadings upon all parties having an interest in the real
property.  Delays in completion of the foreclosure may
occasionally result from difficulties in locating necessary
parties.  Judicial foreclosure proceedings are often not contested
by any of the parties.  However, even when the mortgagee's right
to foreclose is contested, the court generally issues a judgment
of foreclosure and appoints a referee or other court officer to
conduct the sale of the property.

     In the case of foreclosure under either a mortgage or a deed
of trust, the sale by the referee or other designated officer or
by the Trustee is a public sale.  However, because of the
difficulty a potential buyer at the sale would have in determining
the exact status of title and because the physical condition of
the property may have deteriorated during the foreclosure
proceedings, it is uncommon for a third party to purchase the
property at the foreclosure sale.  Rather, it is common for the
lender to purchase the property from the Trustee or referee for an
amount equal to the principal amount of the mortgage or deed of
trust, accrued and unpaid interest and the expense of foreclosure.
Thereafter, the lender will assume the burdens of ownership,
including obtaining casualty insurance and making such repairs at
its own expense as are necessary to render the property suitable
for sale.  The lender will commonly obtain the services of a real
estate broker and pay the broker's commission in connection with
the sale of the property.  Depending upon market conditions, the
ultimate proceeds of the property may not equal the lender's
investment in the property.  Any loss may be reduced by the
receipt of any mortgage insurance proceeds.

     Rights of Redemption.  In some states, after sale pursuant to
a deed of trust or foreclosure of a mortgage, the borrower and
foreclosed junior lienors are given a statutory period in which to
"redeem" the property from the foreclosure sale.  In some states,
redemption may occur only upon a payment of the entire principal
balance of the loan, accrued interest and expenses of foreclosure.
In other states, redemption may be authorized if the former
borrower pays only a portion of the sums due.  The effect of a
statutory right of redemption is to diminish the ability of the
lender to sell the foreclosed property.  The rights of redemption
would defeat the title of any purchaser from the lender subsequent
to foreclosure or sale under a deed of trust.  Consequently, the
practical effort of the redemption right is to force the lender to
retain the property and pay the expenses of ownership until the
redemption period has expired.

     Anti-Deficiency Legislation and Other Limitations on Lenders.
Certain states have imposed statutory prohibitions which limit the
remedies of a beneficiary under a deed of trust or a mortgage.  In
some states, statutes limit the right of the beneficiary or
mortgagee to obtain a deficiency judgment against the borrower
following foreclosure or sale under a deed of trust.  A deficiency
judgment would be a personal judgment against the former borrower
equal in most cases to the difference between the net amount
realized upon the public sale of the real property and the amount
due to the lender.  Other statutes require the beneficiary or
mortgagee to exhaust the security afforded under a deed of trust
or mortgage by foreclosure in an attempt to satisfy the full debt
before bringing a personal action against the borrower.  Finally,
other statutory provisions limit any deficiency judgment against
the former borrower following a judicial sale to the excess of the
outstanding debt over the fair market value of the property at the
time of the public sale.  The purpose of these statutes is
generally to prevent a beneficiary or a mortgagee from obtaining a
large deficiency judgment against the former borrower as a result
of low or no bids at the judicial sale.

     In addition to laws limiting or prohibiting deficiency
judgments, numerous other statutory provisions, including the
federal bankruptcy laws and state laws affording relief to
debtors, may interfere with or affect the ability of a secured
mortgage lender to realize upon collateral and/or enforce a
deficiency judgment.  For example, with respect to federal
bankruptcy law, a court with federal bankruptcy jurisdiction may
permit a debtor through his or her Chapter 11 or Chapter 13
rehabilitative plan to cure a monetary default in respect of a
mortgage loan on a debtor's residence by paying arrears within a
reasonable time period and reinstating the original Mortgage Loan
payment schedule even though the lender accelerated the mortgage
loan and final judgment of foreclosure had been entered in state
court (provided no sale of the residence had yet occurred) prior
to the filing of a debtor's petition.  Some courts with federal
bankruptcy jurisdiction have approved plans based on the
particular facts of the reorganization case that effected the
curing of a mortgage loan default by paying arrearages over a
number of years.

     Courts with federal bankruptcy jurisdiction have also
indicated that the terms of a mortgage loan secured by property of
the debtor may be modified.  These courts have suggested that such
modification may include reducing the amount of each monthly
payment, changing the rate of interest, altering the repayment
schedule, and reducing the lender's security interest to the value
of the residence, thus leaving the lender a general unsecured
creditor for the difference between the value of the residence and
the outstanding balance of the loan.

     The Internal Revenue Code of 1986, as amended, provides
priority to certain tax liens over the lien of a mortgage.  In
addition, substantive requirements are imposed upon mortgage
lenders in connection with the origination and the servicing of
mortgage loans by numerous Federal and some state consumer
protection laws.  These laws include the federal Truth-In-Lending
Act, Real Estate Settlement Procedures Act, Equal Credit
Opportunity Act, Fair Credit Billing Act, Fair Credit Reporting
Act, and related statutes.  These federal laws impose specific
statutory liabilities upon lenders who originate mortgage loans
and who fail to comply with the provisions of the law.  In some
cases, this liability may affect assignees of the mortgage loans.

     Enforceability of Certain Provisions.  Certain of the
mortgage loans contain due-on-sale clauses.  These clauses permit
the lender to accelerate the maturity of the loan if the borrower
sells, transfer or conveys the property.  The enforceability of
these clauses has been the subject of legislation and litigation
in many states, and in some cases the clauses have been upheld,
while in other cases their enforceability has been limited or
denied.

     Upon foreclosure, courts have imposed general equitable
principles.  These equitable principles are generally designed to
relieve the borrower from the legal effect of a default under the
loan documents.  Examples of judicial remedies that have been
fashioned include judicial requirements that the lender undertake
affirmative and expensive actions to determine the causes for the
borrower's default and the likelihood that the borrower will be
able to reinstate the loan.  In some cases, courts have
substituted their judgment for the lender's judgment and have
required that lenders reinstate loans or recast payment schedules
in order to accommodate borrowers who are suffering from temporary
financial disability.  In other cases, courts have limited the
right of the lender to foreclose if the default under the mortgage
instrument is not monetary, such as the borrower failing to
maintain the property adequately or the borrower executing a
second mortgage or deed of trust affecting the property.  Finally,
some courts have been faced with the issue of whether federal or
state constitutional provisions reflecting due process concerns
for adequate notice require that borrowers under deeds of trust or
mortgages receive notices in addition to the statutorily-
prescribed minimum.  For the most part, these cases have upheld
the notice provision as being reasonable or have found that the
sale by a trustee under a deed of trust, or under a mortgage
having a power of sale, does not involve sufficient state action
to afford constitutional protections to the borrowers.

     Applicability of Usury Laws.  Title V of the Depository
Institutions Deregulation and Monetary Control Act of 1980 ("Title
V"), provides that state usury limitations do not apply to certain
types of residential first mortgage loans originated by certain
lenders after March 31, 1980.  The Federal Home Loan Bank Board is
authorized to issue rules and regulations and to publish
interpretations governing implementation of Title V, the statute
authorizes any state to reimpose interest rate limits by adopting
a law or constitutional provision which expressly rejects
application of the federal law.  In addition, even where Title V
is not so rejected, any state is authorized by the law to adopt a
provision limiting discount points or other charges on mortgage
loans covered by Title V.  As of the date hereof, certain states
have taken action to reimpose interest rate limits and/or to limit
discount points or other charges.

Competition

     Mortgage lending is a highly competitive business.  There are
many other mortgage lenders who have more experience, more
personal, more financial liquidity and, in general, more capacity
to attract business through mass-media advertising to consumers
than that offered by  American National.  Historically, during
periods of economic downturns, many mortgage lenders have been
unable to continue operations or have been forced to greatly
downsize their operations.  There is no assurance that American
National will be able to overcome such obstacles to attain its
growth goals.

Government Regulation

     Most states regulate mortgage lending, requiring mortgage
bankers and/or brokers to be licensed by the relevant state
regulatory board or commission.  Saddleback is licensed to conduct
mortgage lending operations in 10 states.  In addition, Saddleback
is approved by the FHA as a direct endorsement lender.

Employees

     As of March 31, 2003, Saddleback had 7 employees, 5 of whom
are contract loan officers and 2 of whom are in administration.
None of its employees is represented by a labor union.  The
Company does not have any employees, other than those referenced
above as employed by its wholly-owned subsidiary, Saddleback.

     Business Risk Factors.

     The business risk factors below, along with those discussed
in the "Description of Business" section of this Annual Report on
Form 10-KSB, reflect some, but not necessarily all, of the risks
and uncertainties that could have a material adverse affect on our
ability to operate its businesses successfully.  Our actual
results could differ materially from our business plan due to some
or all of the factors discussed below.

Going Concern Opinion

     The Company's financial statements for the years ended
December 31, 2001 and December 31, 2002 both contain an emphasis
paragraph regarding "going concern" from the Company's independent
accountants. The Company's independent accountants note that the
Company's, recurring losses from operations, and shareholders'
deficiency 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 this
uncertainty. In response to such concerns, management has
developed operational and strategic plans to improve the Company's
long-term financial condition, and financial sourcing strategies
with the goal of providing working capital to the business. To
maintain operating cash levels, the Company expects to
periodically obtain equity funding, attempting to balance cash
needs and the stockholder dilution that is created by the issuance
of new shares. Management's operational plans and initiatives
include marketing plans for the growth of our mortgage lending
operations. While the Company's strategic, operational, and
financing plans are designed to improve the Company's financial
condition and meet its working capital needs, there can be no
assurance that the Company will be able to achieve its desired
results or that other factors may not cause the Company's
financial condition to be further weakened.

Our future revenues are unpredictable and our operating results
are likely to fluctuate from quarter to quarter

   Our quarterly and annual operating results have fluctuated in
the past and are likely to fluctuate significantly in the future
due to a variety of factors, some of which are outside of our
control. Accordingly, we believe that period-to-period comparisons
of our results of operations are not meaningful and should not be
relied upon as indications of future performance. Some of the
factors that could cause our quarterly or annual operating results
to fluctuate include market acceptance of our accounts receivable
financing, equipment leasing and mortgage services, the ability to
generate business development opportunities, and the ability to
generate capital to fund our operations to the degree necessary to
provide stability for our business operations and, thus, revenues.

Because of intense competition for skilled personnel, we may not
be able to recruit or retain necessary personnel on a cost-
effective basis

   Our future success will depend in large part upon our ability
to identify, hire, retain and motivate highly skilled employees.
We plan to significantly increase the number of our marketing,
sales, customer support and operations employees to effectively
serve the evolving needs of our present and future customers.
Competition for highly skilled employees in our industry is
intense. In addition, employees may leave our company and
subsequently compete against us. Our failure to attract and retain
these qualified employees could significantly harm our business.
The loss of the services of any of our qualified employees, the
inability to attract or retain qualified personnel in the future
or delays in hiring required personnel could hinder the
development and introduction of new and enhanced products and harm
our ability to sell our products. Moreover, companies in our
industry whose employees accept positions with competitors
frequently claim that their competitors have engaged in unfair
hiring practices. We may be subject to such claims in the future
as we seek to hire qualified personnel, some of whom may currently
be working for our competitors. Some of these claims may result in
material litigation. We could incur substantial costs in defending
ourselves against these claims, regardless of their merits.

The loss of any of our key personnel could significantly harm our
business

   Our success depends to a significant degree upon the continuing
contributions of our key management, technical, marketing and
sales employees. The loss of the services of any key employee
could significantly harm our business, financial condition and
results of operations. There can be no assurance that we will be
successful in retaining our key employees or that we can attract
or retain additional skilled personnel as required. Failure to
retain key personnel could significantly harm our business,
financial condition and results of operations.

Claims that we infringe third-party intellectual property rights
could result in significant expenses or restrictions on our
ability to sell our products

   From time to time, other parties may assert patent, copyright,
trademark and other intellectual property rights to technologies
and in various jurisdictions that are important to our business.
Any claims asserting that our products infringe or may infringe
proprietary rights of third parties, if determined adversely to
us, could significantly harm our business. Any claims, with or
without merit, could be time-consuming, result in costly
litigation, divert the efforts of our technical and management
personnel, cause product shipment delays or require us to enter
into royalty or licensing agreements, any of which could
significantly harm our business. Royalty or licensing agreements,
if required, may not be available on terms acceptable to us, if at
all. In the event a claim against us was successful and we could
not obtain a license to the relevant technology on acceptable
terms or license a substitute technology or redesign our products
to avoid infringement, our business would be harmed.

Any acquisitions that we may undertake could be difficult to
integrate, disrupt our business, dilute shareholder value and
significantly harm our operating results

   We expect to review opportunities to buy other businesses or
technologies that would complement our current products, expand
the breadth of our markets or enhance our technical capabilities,
or that may otherwise offer growth opportunities. While we have no
current agreements or negotiations underway, we may buy
businesses, products or technologies in the future. If we make any
future acquisitions, we could issue stock that would dilute
existing stockholders' percentage ownership, incur substantial
debt or assume contingent liabilities. We have no experience in
acquiring other businesses and technologies. Potential
acquisitions also involve numerous risks, including:

   *     problems assimilating the purchased operations,
         technologies or products;

   *     unanticipated costs associated with the acquisition;
         diversion of management's attention from our core
         business;

   *     adverse effects on existing business relationships with
         suppliers and customers;

   *     risks associated with entering markets in which we have no
         or limited prior experience; and

   *     potential loss of the purchased organization's or our own
         key employees.

   We cannot assure you that we would be successful in overcoming
problems encountered in connection with such acquisitions, and our
inability to do so could significantly harm our business.

The market price of our common stock may experience fluctuation
unrelated to operating performance, including future private or
public offerings of our capital stock

   The market price of the Common Stock of the Company may
experience fluctuations that are unrelated to the Company's
operating performance. In particular, the price of the Common
Stock may be affected by general market price movements as well as
developments specifically related to the mortgage industry such
as, among other things, interest rate movements. In addition, the
Company's operating income on a quarterly basis is significantly
dependent upon the successful completion of the Company's loan
sales in the market, and the Company's inability to complete these
transactions in a particular quarter may have a material adverse
impact on the Company's results of operations for that quarter and
could, therefore, negatively impact the price of the Common Stock.

   The Company may increase its capital by making additional
private or public offerings of its Common Stock, securities
convertible into its Common Stock, preferred stock or debt
securities. The actual or perceived effect of such offerings, the
timing of which cannot be predicted, may be the dilution of the
book value or earnings per share of the Common Stock outstanding,
which may result in the reduction of the market price of the
Common Stock and affect the Company's ability to access the
capital markets.

Need for additional funding

     Historically, the Company has relied on debt and equity
investment infusions of cash to continue operations. If the
Company is unable to generate and maintain positive operating cash
flows and operating income in the future, or to continue to obtain
equity or debt financing from its current sources or those who
have committed to provide such financing (as to all of which there
can be no assurance), it would require funding from other sources.
If financing is required, the Company's inability to raise capital
would materially and adversely harm the Company's business and
financial condition. To the extent that additional capital is
raised through the sale of equity or convertible debt securities,
the issuance of these securities could result in dilution to the
Company's stockholders.

The financial services business is affected by interest rates and
other factors beyond our control

   The results of the Company's operations will be affected by
various factors, many of which are beyond the control of the
Company. The results of the Company's operations will depend,
among other things, on the level of net cash flows generated by
the Company's accounts receivable and mortgage assets and the
supply of and demand for accounts receivable financing, equipment
financing and mortgage loans. The Company's net cash flows will
vary as a result of changes in interest rates, the behavior of
which involves various risks and uncertainties as set forth below.
Prepayment rates and interest rates depend upon the nature and
terms of the underlying loans, conditions in financial markets,
the fiscal and monetary policies of the United States government
and the Board of Governors of the Federal Reserve System,
international economic and financial conditions, competition and
other factors, none of which can be predicted with any certainty.
Because interest rates will significantly affect the Company's
activities, the operating results of the Company will depend, in
large part, upon the ability of the Company to utilize appropriate
strategies to maximize returns to the Company while attempting to
minimize risks.

Our financing activities are subject to the risk of default by
borrowers and certain inherent risks

   Financing activities, including mortgage loan financing are all
subject to varying degrees of risk, including the risk of a
default by the borrowers, and the added responsibility on the part
of the Company of foreclosing or otherwise protecting its
investment. The ability of the borrowers to make payments is
highly dependent on the borrowers' ability to manage and sell,
refinance or otherwise dispose of the financed properties and will
be dependent upon all the risks generally associated with real
estate and other investments which are beyond the control of the
Company. With respect to mortgages, the Company must rely on the
experience and ability of the borrowers to manage, develop and
dispose of or refinance the properties. Investing in real estate
is highly competitive and is subject to numerous inherent risks,
including, without limitation, changes in general or local
economic conditions, neighborhood values and interest rates,
limited availability of mortgage funds which may render the sale
or refinancing of the properties difficult, increases in real
estate taxes, other operating expenses, the supply and demand for
properties of the type involved, toxic and hazardous wastes,
environmental considerations, zoning laws, entitlements, rent
control laws, other governmental rules and fiscal policies and
acts of God, such as floods, which may result in uninsured losses.

We may not diversify our portfolio of financed assets

   The mortgage loans made by the Company may be obligations of a
limited number of borrowers. The lack of diversity in the type,
number and geographic location of these financing activities made
by the Company would materially increase the risk of an investment
in the Common Stock.

To the extent that we are unable to maintain an adequate warehouse
line of credit, we may have to curtail loan origination and
purchasing activities

   The Company relies significantly upon its access to warehouse
credit facilities in order to fund new originations and purchases.
The Company expects to be able to maintain its existing warehouse
lines of credit (or to obtain replacement or additional financing)
as the current arrangements expire or become fully utilized;
however, there can be no assurance that such financing will be
obtainable on favorable terms, if at all. To the extent that the
Company is unable to maintain an adequate warehouse line of
credit, the Company may have to curtail loan origination and
purchasing activities, which could have a material adverse effect
on the Company's operations and financial condition.

The amount of interest charged to a borrower is subject to
compliance with state usury laws

   The amount of interest payable by a borrower to the Company may
exceed the rate of interest permitted under the usury laws of
various states. Although the Company does not intend to make or
invest in mortgage loans with usurious interest rates, there are
uncertainties in determining the legality of interest rates. Such
limitations, if applicable, may decrease the yield on the
Company's investments.

Variations in mortgage prepayments may cause changes in our net
cash flows

   Mortgage prepayment rates vary from time to time and may cause
changes in the amount of the Company's net cash flows. To the
extent that prepayments occur, the yield on the Company's mortgage
loans would be affected as well as the Company's net cash flows.
Prepayments of adjustable-rate mortgage loans included in or
underlying mortgage-backed securities generally increase when then-
current mortgage interest rates fall below the interest rates on
such adjustable-rate mortgage loans. Conversely, prepayments of
such mortgage loans generally decrease when then-current mortgage
interest rates exceed the interest rate on the mortgage loans
included in or underlying such mortgage-backed securities.
Prepayment experience also may be affected by the geographic
location of the properties securing the mortgage loans included in
or underlying mortgage-backed securities, the assumability of such
mortgage loans, the ability of the borrower to convert to a fixed-
rate loan, conditions in the housing and financial markets and
general economic conditions.

Our portfolio of mortgage loans may include privately issued pass-
through certificates which are typically not guaranteed by the
United States Government

   The Company may include privately issued pass-through
certificates backed by pools of adjustable-rate single family and
multi-family mortgage loans and other real estate-backed mortgage
loans in its investment portfolio. Because principal and interest
payments on privately issued pass-through certificates are
typically not guaranteed by the United States government or an
agency of the United States government, such securities generally
are structured with one or more types of credit enhancement. Such
forms of credit enhancement are structured to provide protection
against risk of loss due to default on the underlying mortgage
loan, or bankruptcy, fraud and special hazard losses, such as
earthquakes. Typically, third parties insure against these types
of losses, and the Company would be dependent upon the credit
worthiness of the insurer for credit-rating, claims paying ability
of the insurer and timeliness of reimbursement in the event of a
default on the underlying obligations. Furthermore, the insurance
coverage for various types of losses is limited in amount, and
losses in excess of the limitation would be the responsibility of
the Company.

   The Company may also purchase mortgage loans issued by GNMA,
FNMA or FHLMC. Each of these entities provides guarantees against
risk of loss for securities issued by it. In the case of GNMA, the
timely payment of principal and interest on its certificates is
guaranteed by the full faith and credit of the United States
government. FNMA guarantees the scheduled payments of interest and
principal and the full principal amount of any mortgage loan
foreclosed or liquidated on its obligations. FHLMC guarantees the
timely payment of interest and ultimate collection of principal on
its obligations, while with respect to certificates issued by FNMA
and FHLMC, payment of principal and interest of such certificates
are guaranteed only by the respective entity and not by the full
faith and credit of the United States government.

We are is dependent upon independent mortgage brokers and others,
none of whom is contractually obligated to do business with the
company

   The Company depends in part on independent mortgage brokers,
financial institutions, realtors(R) and mortgage bankers for its
originations and purchases of mortgage loans. The Company's
competitors also seek to establish relationships with such
independent mortgage brokers, financial institutions, realtors(R)
and mortgage bankers, none of whom is contractually obligated to
continue to do business with the Company. In addition, the Company
expects the volume of wholesale loans that it originates and
purchases to increase. The Company's future results may become
more exposed to fluctuations in the volume and cost of its
wholesale loans resulting from competition from other originators
and purchasers of such loans, market conditions and other factors.

We will have little control over the operations of the pass-
through entities in which we may purchase interests

   If the Company purchases interests in various pass-through
entities, it will itself be in the position of a "holder" of
shares of such entities including, real estate investment trusts,
other trusts or partnerships, or a holder of other types of pass-
through interests. Therefore, the Company will be relying
exclusively on the management capabilities of the general
partners, managers and trustees of those entities for the
management and investment decisions made on their behalf. In
particular, except for voting rights on certain matters, the
Company will have no control over the operations of the pass-
through entities in which it purchases interests, including all
matters relating to the operation, management, investment
decisions, income and expenses of such entities, including
decisions with respect to actions to be taken to collect amounts
owed to such entities. If such managers, trustees or general
partners take actions or make decisions which are adverse to a
pass-through entity or the Company, it may not be cost-efficient
for the Company to challenge such actions or decisions. Moreover,
if the Company does not become a substituted owner of such
interests, it would not have the right to vote on matters on which
other interest owners in such entities have a right to vote or
otherwise challenge management decisions. Finally, should any of
such managers, trustees or general partners experience financial
difficulties for any reason, the entities in which the Company
invests could be adversely affected, thereby adversely affecting
the value of the Company's investments.

Borrowers may not have sufficient assets to pay off the balloon
payments at maturity

   Mortgage loans, other than those representing mortgage loans on
single-family residential, may represent "balloon" obligations,
requiring no payments of principal over the term of the
indebtedness with a "balloon" payment of all of the principal due
at maturity. "Balloon" payments will probably require a sale or
refinancing of properties at the time they are due. No assurance
can be given that the borrowers will have sufficient assets to pay
off the indebtedness when due, or that sufficient liquidity will
be generated from the disposition or refinancing of the properties
to enable the owner to pay the principal or interest due on such
mortgage loans.

Upon foreclosure of a property, we may have difficulty in finding
a purchaser or may have to sell the property at a loss

   If a mortgaged property not sold by the maturity date of the
underlying loan, the borrower may have difficulty in paying the
outstanding balance of such loan and may have to refinance the
property. The borrower may also experience difficulty in
refinancing the property if that becomes necessary due to
unfavorable interest rates or the unavailability of credit.

   If any amounts under a loan are not paid when due, the Company
may foreclose upon the property of the borrower. In the event of
such a default which requires the Company to foreclose upon a
property or otherwise pursue its remedies in order to protect the
Company's investment, the Company will seek to obtain a purchaser
for the property upon such terms as the Company deems reasonable.
However, there can be no assurance that the amount realized upon
any such sale of the underlying property will result in financial
profit or prevent loss to the Company. In addition, because of
potential adverse changes in the real estate market, locally or
nationally, the Company may be forced to own and maintain the
property for a period of time to protect the value of its
investment. In that event, the Company may not be able to receive
any cash flow from such loan and the Company would be required to
pay such sums as may be necessary to maintain and manage the
property.

We may be required to investigate and clean up hazardous or toxic
substances of properties securing loans that are in default

   The Company has not been required to perform any investigation
or clean up activities, nor has it been subject to any
environmental claims. There can be no assurance, however, that
this will remain the case in the future.

   In the course of its business, the Company has acquired and may
acquire in the future properties securing loans that are in
default. Although the Company primarily lends to owners of
residential properties, there is a risk that the Company could be
required to investigate and clean up hazardous or toxic substances
or chemical releases at such properties after acquisition by the
Company, and may be held liable to a governmental entity or to
third parties for property damage, personal injury and
investigation and cleanup costs incurred by such parties in
connection with the contamination. In addition, the owner or
former owners of a contaminated site may be subject to common law
claims by third parties based on damages and costs resulting from
environmental contamination emanating from such property.

Item 2.  Description of Property

     The Company currently occupies 1650 square feet of office
space in Newport Beach, California under a sublease.  The sublease
for the premises was initiated on March 11, 2003 until continues
until February 29, 2004.  We pay a monthly rent of $3,129.30.  The
Company expects that it will utilize this space until the future
growth of its business operations necessitates an increase in
office space.  There is an ample supply of office space in the
greater Newport Beach / Orange County area and the Registrant does
not anticipate any problem in securing additional space when
necessary.

Item 3.  Legal Proceedings.

We were not subject in the year ended 2002, nor are we currently
subject, to any legal proceedings.  However, on March 1, 2001, our
wholly-owned subsidiary, Saddleback, was named as a defendant in
the litigation styled, The Provident Bank vs. Saddleback
Investments, dba American National Mortgage Funding, a
corporation; Jack D. Scott, Trustee of the JDSDC Profit Sharing
Plan; Arden Realty Limited Partnership, a Maryland Limited
Partnership; ORIX USA Corporation, a Delaware corporation, and
Does 1 through 50, Orange County Superior Court Case No. 01CC02898
and was also a named cross-complainant in such litigation.  The
plaintiffs and cross-defendants sought money damages from on a
variety of causes of action.  As of mid-April of 2003, after the
conclusion of the trial, plaintiffs were awarded a judgment
against Saddleback in the amount of approximately $200,000.  As of
the date of this Annual Report, the parties are in settlement
discussions and no appeals have yet been filed.

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

No matters were submitted during the fourth quarter of the
Company's fiscal year ended December 31, 2002.

                              PART II

Item 5.  Market for Common Equity and Related Stockholder Matters.

     Market for Common Equity. The Common Stock of the Company  is
currently quoted in the over-the-counter market on the OTCBB under
the symbol "EPFL".

     When the trading price of the Company's Common Stock is below
$5.00 per share, the Common Stock is considered to be "penny
stock" that are subject to rules promulgated by the Securities and
Exchange Commission (Rule 15g-1 through 15g-9) under the
Securities Exchange Act of 1934.  These rules impose significant
requirements on brokers under these circumstances, including: (a)
delivering to customers the Commission's standardized risk
disclosure document; (b) providing to customers current bid and
offers; (c) disclosing to customers the brokers-dealer and sales
representatives compensation; and (d) providing to customers
monthly account statements.

     The  following  table sets forth the range of  high  and  low
closing  bid  prices per share of the Common Stock as reported  by
the  National Associati0on of Securities Dealers, Inc.,  composite
feed  or other qualified interdealer quotation medium, as compiled
by Pink Sheets LLC for the periods indicated.

                                   Bid (1; 2)
                                 High         Low
   Year ended                 ----------   -----------
   December 31, 2002:
   Second Quarter                0.40         0.20
   (from and after
   April 22, 2002)(3)
   Third Quarter                 0.40         0.40
   Fourth Quarter                0.40         0.40

(1)  The Company is unaware of the factors which resulted in the
     significant fluctuations in the bid prices per share during the
     periods being presented, although it is aware that there is a thin
     market for the Common Stock, that there are frequently few shares
     being traded and that any sales significantly impact the market.

(2)  On  March 6, 2003, the Company effectuated a 1-for-20 reverse
     split of its common stock.  The high/low closing bid prices in the
     table above have been adjusted to reflect such split.

(3)  Commencing in the Second Quarter, the OTC Compliance Unit of
     NASD Regulation, Inc. (the "Compliance Unit") granted
     permission to broker-dealers who wanted to make a market in
     our common stock to place priced bid and asked quotations on
     the OTC Bulletin Board.

     On April 21, 2003, the Closing bid and ask price of the
Common Stock of the Company were $0.60 and $1.00 per share,
respectively.  The foregoing prices represent inter-dealer
quotations without retail mark-up, mark-down or commission, and
may not necessarily represent actual transactions.  On April 21,
2003, there were approximately three broker-dealers publishing
quotes for the Common Stock of the Company.

     Holders.  As of April 21, 2003, there were 3,349,327 shares
of Common Stock issued and outstanding, which were held by
approximately 63 holders of record.  As of April 21, 2003, there
were 1,000,000 shares of Series A Convertible Preferred Stock
outstanding, which were held of record by our subsidiary,
Saddleback, and 100,000 shares of Series B Convertible Preferred
Stock outstanding, which were held by one holder of record. No
shares of any other series of Preferred Stock were outstanding as
of April 21, 2003.

     Dividends.  The Company has not paid any dividends on its
Common Stock and does not expect to do so in the foreseeable
future.  The Company intends to apply its earnings, if any, in
expanding its operations and related activities.  The payment of
cash dividends in the future will be at the discretion of the
Board of Directors and will depend upon such factors as earnings
levels, capital requirements, the Company's financial condition
and other factors deemed relevant by the Board of Directors.
Further, payment of cash dividends on our common stock is also
subject to the approval of the holders of our Series A Preferred
Stock.  In addition, the Company's ability to pay dividends may be
limited under future loan agreements of the Company which restrict
or prohibit the payment of dividends.

Securities Authorized for Issuance under Equity Compensation Plans

--------------------------------------------------------------------------
                                                Number of securities
                                                 remaining available
                                                 for future issuance
                   Number of       Weighted-        under equity
                securities to be   average of    compensation plans
                  issued upon       exercise         (excluding
Plan Category     exercise of       price of    securities reflected
                  outstanding     outstanding      in column (a))
                    options,        options,
                  warrants and    warrants and
                     rights          rights
--------------------------------------------------------------------------
                      (a)             (b)                (c)
--------------------------------------------------------------------------
Equity                 0               0                  0
compensation
plans approved
by security
holders

Equity                 0               0                  0
compensation
plans not
approved by
security
holders
--------------------------------------------------------------------------
Total                  0               0                  0
--------------------------------------------------------------------------

     Recent Sales of Unregistered Securities.

     On or about January 31, 2003, the Company issued 1,000,000
shares of its $0.001 Series A Convertible Preferred Stock to
Saddleback in exchange for 100,000 shares of the $0.001 Series A
Convertible Preferred Stock of Saddleback in a private transaction
between the parties, in reliance upon an exemption from
registration provided for in Section 4(2) of the Securities Act of
1933.

     On or about March 24, 2003, the Company issued 100,000 shares
of its $0.001 Series B Convertible Preferred Stock to a then
unaffiliated party for cash in the amount of $50,000.00 in a
private transaction between the parties, in reliance upon an
exemption from registration provided for in Section 4(2) of the
Securities Act of 1933.

Item  6.    Management's Discussion and Analysis or Plan of Operation.

     Except for historical information, the materials contained in
this Management's Discussion and Analysis are forward-looking
(within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934) and
involve a number of risks and uncertainties.  These include the
Company's historical losses, the need to manage its growth,
general economic downturns, intense competition in the financial
services industries, seasonality of quarterly results, and other
risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission.  Although forward-looking
statements in this Annual Report reflect the good faith judgment
of management, such statements can only be based on facts and
factors currently known by the Company.  Consequently, forward-
looking statements are inherently subject to risks and
uncertainties, actual results and outcomes may differ materially
from the results and outcomes discussed in the forward-looking
statements.  Readers are urged to carefully review and consider
the various disclosures made by the Company in this Annual Report,
as an attempt to advise interested parties of the risks and
factors that may affect the Company's business, financial
condition, and results of operations and prospects.

Recent Changes in Business Strategy, Change in Control and Change
in Corporate Structure

     On February 14, 2000, we were incorporated in the State of
Nevada under the name "BigEquip.net, Inc." and February 8, 2002
our name was changed to "Big Equipment Services, Inc."  We
sometimes refer to our company in this Annual Report as the
"Company".

     Effective March 7, 2003, the Articles of Incorporation of the
Company were amended to change the name of the Company to Epic
Financial Corporation. At the same time, the Certificate of
Amendment to Articles of Incorporation effectuated a 1-for-20
reverse split of the Company's common stock. The record date for
the reverse split was the close of business on March 6, 2003. For
further information concerning the change of name and reverse
split, reference is made to the Company's Schedule 14C Definitive
Information Statement that was filed with the Securities and
Exchange Commission on February 14, 2003.

     Pursuant to a Purchase Agreement dated March 7, 2003, the
Company, on March 31, 2003, closed a transaction, whereby it
acquired all of the issued and outstanding shares of common stock,
no par value, of Saddleback Investment Services, Inc., a
California corporation ("Saddleback") from William R. Parker ("Mr.
Parker") and six otherwise unaffiliated persons or entities. In
exchange for the shares of Saddleback, we issued 1,500,000 shares
of our restricted common stock, $0.001 par value per share, to Mr.
Parker and an aggregate of 1,500,000 shares to such other persons
or entities.  As a result of this transaction, Mr. Parker became
the beneficial owner of 44.79% of the issued and outstanding
common stock of the Registrant, the sole class of voting stock of
the Registrant.  As a part of the transaction, on March 31, 2003,
Mr. Parker was appointed to the Board of Directors of the Company
and elected President of the Company.  Frank Iannuzzi remains
Chairman of the Board and Chief Financial Officer.  For further
information concerning the acquisition of Saddleback by the
Company, reference is made to our Current Report on Form 8-K ,
which was filed with the Securities and Exchange Commission on
March 31, 2003.

     At the same time, we abandoned the intended focus of our
business form one of providing business and e-commerce solutions
to small- and medium-sized construction companies, which was never
implemented, and adopted a new business strategy - a financial
services firm, specifically  real estate mortgage financing.

     As a result of the acquisition by the Company of Saddleback,
on March 31, 2003, Saddleback became a wholly-owned subsidiary of
the Company.  The transaction was treated as a reverse acquisition
for accounting purposes.   The historical results reflected in the
financial statement and discussed herein, however, are those of
the entity in existence as of the fiscal year ended December 31,
2002, Big Equipment Services, Inc. (formerly BigEquip.net, Inc.).

     As a result of the accounting treatment of the purchase of
the Saddleback Stock by the Company, Saddleback is deemed to be
the "Accounting Acquiror", thus resulting in the Company's
adoption of the October 31 fiscal year-end of the Accounting
Acquiror.  Subject to the Company's filing of any Current Reports
on Form 8-K, the Company expects that the next periodic report
that it will file subsequent to this Annual Report pursuant to its
obligations under Section 13 or 15(d) of the Securities Exchange
Act of 1934 will be its Quarterly Report on Form 10-QSB for the
period ended April 30, 2003.

Results of Operations

     Operations for the Year ended December 31, 2002, as compared
to the Year ended December 31, 2001.

Revenues

     Revenues decreased by $4,087 to nil for the year ended
December 31, 2002, compared to $4,087 for the year ended December
30, 2001, because the Company reduced its active operations to a
minimal level.

Expenses

     Operating expenses for the year ended December 31, 2002, were
$22,676.  This represents a decrease of $74,895, or 76.8%, in
operating expenses from the comparable year ended December 31,
2001, when we reported operating expenses of $197,571.  Total
expenses, including operating expenses and other miscellaneous
expenses for the year ended December 31, 2002, were $27,008.  This
represents a decrease of $74,870, or 73.5%, from the comparable
annual period ended December 31, 2001, when we reported total
expenses of $101,878.  Our expenses decreased as our active
operations were reduced to a minimal level, although the Company
continued to incur expenses related to its existence as a public
company.

Net Profit (Loss)

     During the year ended December 31, 2002, our loss per share
was $27,008 or ($0.00) per share, as compared to our loss during
the previous year of $98,886 or ($0.02) per share.

Liquidity and Capital Resources

     In the year ended December 31, 2002, net cash of $23,340 was
used by operating activities, as compared to the prior year, when
operating activities used $93,767.  During the year ended December
31, 2002, financing activities provided net cash of $4,790, as
compared to $46,246 provided in the prior year.  No cash was used
by investing activities during the year ended December 31, 2002,
as compared to net cash of $2,869 that was used by investing
activities during the prior year.

     As of the end of our fiscal year on December 31, 2002, we had
$42 of current cash available.  Our management believes that this
is not sufficient to meet our needs for our 2003 fiscal year.
Since our inception on, the Company has incurred an accumulated
deficit of $197,875.  The Company requires immediate proceeds from
debt or equity financing to provide it with working capital
adequate to proceed with its proposed acquisitions and to go
forward with its plan of operations.

     As a result of these factors, the Company's independent
auditors issued their audit report for the fiscal year ended
December 31, 2002, with a "going concern" opinion:  "This raises
substantial doubt about its ability to continue as a going
concern."  None of the factors addressed by the Company's
independent auditors has been mitigated and the "going concern"
issues remain.   We intend for the Company to seek private equity
and/or debt capital to provide operating capital for our mortgage
operations by Saddleback.  There can be no assurances that any
such capital will be available on terms acceptable to us, or at
all.  However, management believes that the new focus of our
business on the financial services sector will enable us to
acquire existing businesses in that sector and to utilize these
acquisitions in an effort to raise the capital necessary to
resolve these "going concern" issues.

Recent Accounting Pronouncements

     In June 2001, the Financial Accounting Standards Board
("FASB") issued Statement of Financial Accounting Standards
("SFAS") No. 143, "Accounting for Asset Retirement Obligations".
SFAS 143 addresses financial accounting and reporting for
obligations associated with the retirement of tangible long-lived
assets and the associated asset retirement costs. This Statement
is effective for financial statements issued for fiscal years
beginning after June 15, 2002.

     SFAS No. 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets," was issued in August 2001. SFAS No. 144 is
effective for fiscal years beginning after December 15, 2001, and
addresses financial accounting and reporting for the impairment or
disposal of long-lived assets. This statement supersedes SFAS No.
121 "Accounting for the Impairment of Long-Lived Assets and for
Long-Lived Assets to Be Disposed Of," and the accounting and
reporting provisions of APB Opinion No. 30, "Reporting the Results
of Operations - Reporting the Effects of Disposal of a Segment of
a Business, and Extraordinary, Unusual and Infrequently Occurring
Events and Transactions," for the disposal of a segment of a
business.

     The Company does not expect that the adoption of above
pronouncements will have a material effect on its earnings or
financial position.

     In May 2002, the Board issued SFAS No. 145, Rescission of
FASB Statements No. 4, 44, and 64, Amendment of FASB Statement No.
13, and Technical Corrections ("SFAS 145"). SFAS 145 rescinds the
automatic treatment of gains or losses from extinguishments of
debt as extraordinary unless they meet the criteria for
extraordinary items as outlined in APB Opinion No. 30, Reporting
the Results of Operations, Reporting the Effects of Disposal of a
Segment of a Business, and Extraordinary, Unusual and Infrequently
Occurring Events and Transactions. SFAS 145 also requires sale-
leaseback accounting for certain lease modifications that have
economic effects that are similar to sale-leaseback transactions
and makes various technical corrections to existing
pronouncements. The provisions of SFAS 145 related to the
rescission of FASB Statement 4 are effective for fiscal years
beginning after May 15, 2002, with early adoption encouraged. All
other provisions of SFAS 145 are effective for transactions
occurring after May 15, 2002, with early adoption encouraged. The
Company does not anticipate that adoption of SFAS 145 will have a
material effect on our earnings or financial position.

     In June 2002, the FASB issued SFAS No. 146 "Accounting for
Costs Associated with exit or Disposal Activities." This Statement
addresses financial accounting and reporting for costs associated
with exit or disposal activities and nullifies Emerging Issues
Task Force (EITF) Issue No. 94-3, "Liability Recognition for
Certain Employee Termination Benefits and Other Costs to Exit an
Activity (including Certain Costs Incurred in a Restructuring)."
This Statement requires that a liability for a cost associated
with an exit or disposal activity be recognized when the liability
is incurred. Under Issue 94-3 a liability for an exit cost as
defined, was recognized at the date of an entity's commitment to
an exit plan. The Company does not anticipate that adoption of
SFAS 146 will have a material effect on our earnings or financial
position.

     In October 2002, the FASB issued SFAS No. 147, "Acquisitions
of Certain Financial Institutions." SFAS No. 147 removes the
requirement in SFAS No. 72 and Interpretation 9 thereto, to
recognize and amortize any excess of the fair value of liabilities
assumed over the fair value of tangible and identifiable
intangible assets acquired as an unidentifiable intangible asset.
This statement requires that those transactions be accounted for
in accordance with SFAS No. 141, "Business Combinations," and SFAS
No. 142, "Goodwill and Other Intangible Assets."  In addition,
this statement amends SFAS No. 144, "Accounting for the Impairment
or Disposal of Long-Lived Assets," to include certain financial
institution-related intangible assets.  The Company does not
expect adoption of SFAS No. 147 would have a material impact, if
any, on its financial position, results of operations or cash
flows.

     In November 2002, the FASB issued FASB Interpretation No. 45,
"Guarantor's Accounting and Disclosure Requirements for
Guarantees, Including Indirect Guarantees of Indebtedness of
Others" (FIN 45). FIN 45 requires that upon issuance of a
guarantee, a guarantor must recognize a liability for the fair
value of an obligation assumed under a guarantee. FIN 45 also
requires additional disclosures by a guarantor in its interim and
annual financial statements about the obligations associated with
guarantees issued. The recognition provisions of FIN 45 are
effective for any guarantees issued or modified after December 31,
2002. The disclosure requirements are effective for financial
statements of interim or annual periods ending after December 15,
2002. The adoption of FIN45 is not expected to have a material
effect on the Company's financial position, results of operations,
or cash flows.

     In December 2002, the FASB issued SFAS No. 148 "Accounting
for Stock Based Compensation-Transition and Disclosure".  SFAS No.
148 amends SFAS No. 123, "Accounting for Stock Based
Compensation", to provide alternative methods of transition for a
voluntary change to the fair value based method of accounting for
stock-based employee compensation.  In addition, this Statement
amends the disclosure requirements of Statement 123 to require
prominent disclosures in both annual and interim financial
statements about the method of accounting for stock-based employee
compensation and the effect of the method used, on reported
results.  The Statement is effective for the Companies' interim
reporting period ending January 31, 2003.  The Companies do not
expect the adoption of SFAS No. 148 would have a material impact
on its financial position or results of operations or cash flows.



Item 7.  Financial Statements.










                  FINANCIAL STATEMENTS AND
                      AUDITORS' REPORT



                BIG EQUIPMENT SERVICES, INC.



                      December 31, 2002


                             and


                      December 31, 2001


















Index to Financial Statement.



                  BIG EQUIPMENT SERVICES, INC.


                          CONTENTS

                                                               Page

Report of Independent Public Accountants                        F-1

Balance Sheets                                                  F-2

Statement of Operations                                         F-3

Statement of Cash Flow                                          F-4

Statement of Changes in Stockholders' Equity                    F-5

Notes to Financial Statements                                F-6 - F-8


























     BECKER & COMPANY, CPAS
     2192 DUPONT DRIVE. SUITE 203, IRVINE. CALIFORNIA 92612
     TEL 949 833-9796 FAX 949 833-2810 EMAIL CPABECKER@AOL.COM






                  Report of Independent Public Accountants
                  ----------------------------------------


     Board of Directors
     Big Equipment Services, Inc.
     pl(formerly BigEquip.net)
     Las Vegas. NV


     We have audited the accompanying balance sheet of Big Equipment Services,
     Inc. (the "Company") (A Developmental Stage Company) as of December 31,
     2002 and the related statements of income, stockholders' equity and cash
     flows for the year then ended. 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 audit.
     The financial statements of Big Equipment Services, Inc. as of December
     31, 2001 were audited by other auditors whose report dated March 21, 2002
     expressed an unqualified opinion on those statements.

     We conducted our audit in accordance with auditing standards generally
     accepted in the United States. 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 audit provides 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 Big Equipment
     Development, Inc. (A Development Stage Company) as of December 31, 2002
     and the results of their operations and their cash flows for the year
     then ended in conformity with accounting principles generally
     accepted in the United States.

     The accompanying financial statements have been prepared assuming the
     Company will continue as a going concern. As discussed in Note 2 to the
     financial statements. the Company has had limited operations and has not
     commenced planned principal operations. This raises substantial doubt
     about its ability to continue as a going concern. Management's  plan in
     regard to these matters is also described in Note 2. The financial
     statements do not include any adjustments that might result from the
     outcome of this uncertainty.





     Irvine, California
     January 31, 2003





        CERTIFIED PUBLIC ACCOUNTANTS - FINANCIAL AND TAX CONSULTANTS






                                          F-1





                           BIG EQUIPMENT SERVICES, INC.
                                  BALANCE SHEETS


                            ASSETS


                                               December 31,
                                         -------------------------------
                                             2002               2001
                                         --------------    -------------
CURRENT ASSET
   Cash                                  $       42        $    18,592

FIXED ASSETS, NET                            11,462             16,794
                                         --------------    -------------
                                         $   11,504        $    35,386
                                         ==============    =============

                       LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Loan payable - stockholders           $    4,790        $         -
   Payroll liablities                           148                812
                                         --------------    -------------
                 Total current                4,938                812
                 liabilities             --------------    -------------

STOCKHOLDERS' EQUITY
   Preferred stock, $0.001 par value,
5,000,000 shares
        authorized, no shares issued              -                  -
        and outstanding
   Common stock, $0.001 par value,
20,000,000 shares
        authorized, 5,836,640 shares          5,837              5,837
        issued and outstanding
   Additional paid-in capital               198,604            198,604
   (Deficit) accumulated during            (197,875)          (169,867)
development stage                        --------------    -------------

                 Total stockholders'          6,566             34,574
                 equity                  --------------    -------------

                                         $  $11,504        $    35,386
                                         ==============    =============







    The accompanying notes are an integral part of these financial statements.





                                          F-2



                 BIG EQUIPMENT SERVICES, INC
                   STATEMENT OF OPERATIONS
           Years Ended December 31, 2002 and 2001



                                          2002           2001
                                     -----------   --------------

Revenue                              $       -      $    4,087

Cost of goods sold                           -           1,095
                                     -----------   --------------
Gross profit                                 -           2,992
                                     -----------   --------------
EXPENSES
   General and administrative           22,676          97,571
expenses
   Depreciation                          4,332           4,307
                                     -----------   --------------
       Total                            27,008         101,878
       expenses                      -----------   --------------

NET (LOSS)                           $ (27,008)     $  (98,886)
                                     ===========   ==============
Weighted average number of
   common shares outstanding -       5,836,640       5,611,856
basic and fully diluted              ===========   ==============

Net (loss) per share - basic &       $   (0.00)     $    (0.02)
fully diluted                        ===========   ==============







    The accompanying notes are an integral part of these financial statements.






                                          F-3






                   BIG EQUIPMENT SERVICES, INC
                      STATEMENT OF CASH FLOW
              Years Ended December 31, 2002 and 2001



                                             2002           2001
                                        ------------   -------------
Cash flows from operating
activities:
   Net loss                             $  (27,008)    $  (98,886)
   Depreciation                              4,332          4,307
   Increase (decrease) in                     (664)           812
payroll liabilities                     ------------   -------------

   Net cash (used) by operating
activities                                 (23,340)       (93,767)
                                        ------------   -------------
Cash flows from investing
activities:
   Purchase of fixed assets                      -         (2,869)
                                        ------------   -------------
   Net cash (used) by investing                  -         (2,869)
activities                              ------------   -------------

Cash flows from financing
activities:
   Issuance of common stock                      -         45,246
   Loans from
stockholders                                 4,790              -
   Subscriptions
receivable                                       -          1,000
                                        ------------   -------------
   Net cash provided by                      4,790        46,246
financing activities                    ------------   -------------

Net increase (decrease) in cash            (18,550)      (50,390)

Cash balance - beginning of                 18,592        68,982
period                                  ------------   -------------

Cash balance - end of period            $       42     $  18,592
                                        ============   =============





    The accompanying notes are an integral part of these financial statements.




                                          F-4






<TABLE>
                       BIG EQUIPMENT SERVICES, INC.
               Statement of Changes in Stockholders' Equity

<CAPTION>
                                                                    (Deficit)
                                                                     Accumulated
                       Common Stock                      Additional  During        Total
                                         Subscriptions   Paid-in     Development   Stockholders'
                    Share      Amount    Receivable      Capital     Stages        Equity

                 ----------    --------  -------------   ----------  ------------  -------------
    <S>              <C>          <C>         <C>           <C>          <C>            <C>
February 2000
   Contributed                 $          $               $    295    $             $    295
   capital

February 2000
   Donated
   expenses paid
   for by                                                    1,300                     1,300
   shareholder

March 2000
   Founder
   shares
   issued for    4,000,000     4,000                           100                     4,100
   cash

November 2000
   Shares          120,000       120                        11,880                    12,000
   issued for
   services

December 2000
   Shares
   issued
   pursuant
   to Rule 505   1,415,000     1,415         (1,000)       140,085                   140,500
   offering

Net (loss)
   February
   14, 2000
   (inception)
   to
   December
   31, 2000                                                            (70,981)      (70,981)
                 ----------    --------  -------------   ----------  ------------  -------------

Balance,         5,535,000     5,535         (1,000)       153,660     (70,981)       87,214
December 31,     ----------    --------  -------------   ----------  ------------  -------------
2000

April 2001
   Cancellation of                            1,000                                    1,000
   subscriptions
   receivable

September 2001
   Shares
   issued
   pursuant
   to Rule 504     301,640       302        (45,246)        44,944
   offering

October 2001
   Cancellation of                           45,246                                   45,246
   subsriptions
   receivable

Net (loss)
   For the
   year ended
   December
   31, 2001                                                            (98,886)      (98,886)
                 ----------    --------  -------------   ----------  ------------  -------------


Balance,         5,836,640     5,837              -        198,604    (169,867)       34,574
December 31,     ----------    --------  -------------   ----------  ------------  -------------
2001

Net (loss)
   For the
   year ended
   December
   31, 2002                                                            (27,008)      (27,008)
                ----------    --------  -------------   ----------  ------------  -------------
Balance,        5,836,640   $  5,837       $      -      $ 198,604  $ (196,875)   $    7,566
December 31,    ==========    ========  =============   ==========  ============  =============
2002


</TABLE>



    The accompanying notes are an integral part of these financial statements.




                                          F-5






                             BIG EQUIPMENT SERVICES, INC
                             NOTES TO FINANCIAL STATEMENTS
                                  December 31, 2002


  NOTE 1 - Summary of significant policies

  Organization

     The Company was organized on February 14, 2000 (Date of Inception) under
     the laws of the State of Nevada, as BigEquip.net. The Company has minimal
     operations and, in accordance with SFAS #7, the Company is considered a
     development stage company. The Company is authorized to issue 20,000,000
     shares of $0.001 par value common stock and 5,000,000 shares of $0.001
     par value perferred stock.

  Use of estimates

     The preparation of financial statements in conformity with generally
     accepted accounting principles requires management to make estimates and
     assumptions that affect the reported amounts of assets and liabilities
     and disclosure of contingent assets and liabilities at the date of the
     financial statements and the reported amounts of revenue and expenses
     during the reporting period. Actual results could differ from
     those estimates.

  Cash and cash equivalents

     For the purpose of the statements of cash flows, all highly liquid
     investments with an orignal maturity of three months are considered to
     be cash equivalents. There are no cash equivalents as of December 31,
     2002 and 2001.

  Equipment

     Property and equipment are recorded at cost. Minor additions and renewals
     are capitalized and depreciated over their estimated useful lives.
     Depreciation is calculated using the stright-line method over the
     estimated useful lives as follows:

                Computer equipment       5 years
                Furniture and fixtures   7 years
                Leasehold improvements   7 years

  Revenue recognition

     The Company recognizes revenue as invoiced on an accrual basis. Costs of
     sales are recorded as items are sold and are comprised of product
     purchases and shipping costs.

  Advertising costs

     The Company expenses all costs of advertising as incurred. Advertising
     costs included in general and administrative expenses were $450 for the
     year ended December 31, 2001 and none for the year ended December 31,
     2002.



                                          F-6




                   BIG EQUIPMENT SERVICES, INC
            NOTES TO FINANCIAL STATEMENTS - CONTINUED
                        December 31, 2002


  Fair value of financial instruments

     Fair value estimates discussed herin are based upon certain market
     assumptions and pertinent information available to management as of
     December 31, 2002 and 2001. The respective carrying value of certain
     on-balance-sheet financial instruments approximated their fair
     values. These financial instruments include cash and accounts
     payable. Fair values were assumed to approximate carrying values for
     cash and payables because they are short term in nature and their
     carrying amounts approximate fair values or they are payable on
     demand.

  Impairment of long-lived assets

     Long-lived assets held and used by the Company are reviewed for
     possible impairment whenever events or circumstances indicate the
     carrying amount of an asset may not be recovered or is impaired. No
     such impairments have been identified by management at December
     31, 2002 and 2001.

  Reporting on the costs of start-up activities

     Statements of Position 98-5 (SOP 98-5), "Reporting on the Costs of
     Start-Up  Activities", which provides guidance on the financial
     reporting of start-up costs and organizational costs, requires most
     costs of start-up activities and organizational costs to be expensed
     as incurred, SOP 98-5 is effective for fiscal years beginning after
     December 15, 1998. With the adoption of SOP 98-5, there has been
     little or no effect on the Company's financial statements.

  NOTE 2 - Going concern

     The Company's financial statements are prepared using the generally
     accepted accounting principles applicable to a going concern,
     which contemplates the realization of assets and liquidation of
     liabilities in the normal course of business. However, the
     Company has not commenced its planned principal operations and it has
     generated a minimal amount of revenues. In order to obtain the necessary
     capital, the Company raised funds via a securities offering pursuant to
     Regulation D. Rule 504. If the securities offering does not provide
     sufficient capital, the officers and directors of the Company have
     agreed to provide sufficient funds as a loan over the next twelve-month
     period. However, the Company is dependent upon its ability to secure
     equity and/or debt financing and there are no assurances that the Company
     will be successful, without sufficient financing it would be unlikely for
     the Company to continue as a going concern.

     The officers and directors are involved in other buisness activities and
     may, in the future, become involved in other business opportunities.
     If a specific business opportunity becomes available, such persons may
     face a conflict in selecting between the Company and their other business
     interests. The Company has not formulated a policy for the resolution of
     such conflicts.



                                          F-7




                    BIG EQUIPMENT SERVICES, INC
             NOTES TO FINANCIAL STATEMENTS - CONTINUED
                         December 31, 2002

  NOTE - 3 Fixed assets

     The Company purchased computer equipment in the amount of $2,869
     during the year ended December 31, 2001. Depreciation expense
     totaled $4,332 for the year ended December 31, 2002 and $4,307
     for the year ended December 31, 2001.

  NOTE 4 - Income Taxes

     As of December 31, 2001, the Company has a net operating loss
     carryforward of approximately $169,867 for tax purposes, which will
     be available to offset future taxable income. If not used, this
     carryforward will expire in 2021. The net operating loss
     carryforward was increased by $27,008 for the year
     ended December 31, 2002.

  NOTE 5 - Related party transactions

     During December 31, 2000, the Company issued 120,000 shares of its
     $0.001 par value common stock to Corporate Regulatory Services, a
     company that is a shareholder of the Company, for cash totaling $12,000.

     During September 30, 2001, the Company issued 3,334 shares of its
     $0.001 par value common stock to Glen Greenfelder, the president and
     beneficial owner of Corporate Regulatory Services, for cash totaling
     $500.

     The Company paid consulting services to its two officers, directors
     and shareholders of the Company in the amount of $2,200 for the year
     ended December 31, 2001.

     The Company paid consulting services to its Corporate Regulatory
     Services, a shareholder of the Company in the amount of $11,647 for the
     year ended December 31, 2001.

     The officers and directors are involved in other business activities and
     may, in the future, become involved in other business opportunities. If
     a specific business opportunity becomes available, such persons may face
     a conflict in selecting between the Company and their other becomes
     interests. The Company has not formulated a policy for the resolution of
     such conflicts.

     NOTES 6 - Warrants and options

     There are no warrants or options outstanding to acquire any additional
     shares of common stock.

     NOTE 7 - Subsequent events

     On February 12, 2002, the Company amended its articles of Incorpation to
     change its name to Big Equipment Services, Inc.





                                          F-8









Item 8.  Changes In and Disagreements With Accountants on
     Accounting and Financial Disclosure.

     The following changes in Accountants for the Company were
disclosed in the Company's Current Report on Form 8-K, filed with
the Securities and Exchange Commission on August 8, 2002, as
amended in the Current Report on Form 8-K/A, filed with the
Securities and Exchange Commission on August 16, 2002.

     Effective June 3, 2002, our board of directors approved a
change in the company's independent auditors.  None of the reports
of G. Brad Beckstead, CPA on the financial statements of Big
Equipment Services, Inc. for the past two years contained any
adverse opinion or disclaimer of opinion, or was qualified or
modified as to uncertainty, audit scope or accounting principles.
Although audited statements prepared by G. Brad Beckstead, CPA
contained a going concern qualification, such financial statements
did not contain any adjustments for uncertainties stated therein,
nor have there been at any time, disagreements between Big
Equipment Services, Inc. and G. Brad Beckstead, CPA on any matter
of accounting principles or practices, financial statement
disclosure or auditing scope or procedure.

     We retained the accounting firm of Becker & Company, CPAs to
serve as our independent accountants to review our financial
statements beginning with the quarter ended June 30, 2002. This
engagement was effective June 3, 2002. Prior to its engagement as
our independent auditors, Becker & Company, CPAs had not been
consulted by us either with respect to the application of
accounting principles to a specific transaction or the type of
audit opinion that might be rendered on our financial statements
or on any other matter that was the subject of any prior
disagreement between us and our previous certifying accountants.

                             PART III

Item. 9.Directors, Executive Officers, Promoters and Control
     Persons; Compliance with Section 16(a) of the Exchange Act.

     The  directors and executive officers of the Company  are  as
follows:

Name(1)(2)               Age         Position
------------------     -------    ------------------------------------------
 Frank Iannuzzi          55       Chairman of the Board, Treasurer and Chief
                                  Financial Officer
 William R. Parker       54       Director and President
 Garth Rolfe             61       Director and Secretary

(1)  The  Company presently has no executive committee, nominating
     committee or audit committee of the Board of Directors.
(2)  The   officers  of  the  Company  hold  office  until   their
     successors  are elected and qualified, or until their  death,
     resignation or removal.

     Frank Iannuzzi.  Mr. Iannuzzi has been Chairman of the Board
of the Company since February 2000.  From February 2000, until
March 31, 2003, Mr. Iannuzzi also served President and Secretary
of the Company.  Mr. Iannuzzi was elected Treasurer and Chief
Financial  Officer on March 31, 2002.  Prior to his involvement
with the Company and continuing at present, Mr. Iannuzzi has owned
and operated a trucking company, All-away Haul-away, for the past
five years.

     William R. Parker.  On March 31, 2003, William R. Parker was
appointed to the Company's Board of Directors and elected
President of the Company.  Mr. Parker has been employed in the
mortgage industry from 1982 to present.  From 1989 to present, he
has served as Chief Executive Officer of several mortgage banking
enterprises. He presently acts as President and Chief Executive
Officer of the Company's wholly owned subsidiary, Saddleback,
having served in such capacity since that firm's formation in
1992.  Beginning in July 2001 when Saddleback was acquired by, and
operated as a wholly owned subsidiary of, EMB Corporation, Mr.
Parker served as a Director of EMB Corporation.  He served in that
capacity until December 2002, at which time the Saddleback - EMB
Corporation transaction was rescinded and Mr. Parker resigned as a
Director of EMB Corporation.

     Garth Rolfe.  Mr. Rolfe served as Treasurer of the Company
from February 2000 until March 31, 2003.  In January 2003, he was
elected to the Board of Directors of the Company and on March 31,
2003, he was named Secretary of the Company.  He has been in the
wholesale plumbing supply and distribution industry for almost 30
years. Since June 1997 to present, he has been employed by Morally
Wholesale Plumbing Supply in San Marcos, California, where Mr. Rolfe
has held the position of controller.

     The board of directors has not yet established an audit
committee or a compensation committee. An audit committee
typically reviews, acts on and reports to the board of directors
with respect to various auditing and accounting matters, including
the recommendations and performance of independent auditors, the
scope of the annual audits, fees to be paid to the independent
auditors, and internal accounting and financial control policies
and procedures. Certain stock exchanges currently require
companies to adopt a formal written charter that establishes an
audit committee that specifies the scope of an audit committee's
responsibilities and the means by which it carries out those
responsibilities. In order to be listed on any of these exchanges,
we will be required to establish an audit committee.

     The board of directors has not yet established a compensation
committee or an audit committee.

     Compliance with Section 16(a) of Securities Exchange Act of
1934.  To the best of the knowledge of the Company, two
individuals, who currently serve as directors and officers and,
during our 2002 fiscal year were 10% beneficial owners, were late
in compliance with the reporting requirements of Section 16(a) of
the Securities Exchange Act of 1934 during such fiscal year.  To
the best of our knowledge, all of our other directors, officers,
and 10% beneficial owners filed all reports in compliance with the
reporting requirements of Section 16(a) of the Securities Exchange
Act of 1934 during the fiscal year ended December 31, 2002.

Item 10.  Executive Compensation.

          The following table sets forth the compensation required
to be reported pursuant to Item 402 of Regulation S-B.  We have
omitted all other sections of the Summary Compensation Table
referenced in Item 402 because, during the periods reported, there
was no other annual compensation and there was no long-term
compensation in the form of restricted stock awards, options/SARs
(granted or exercised), LTIP payouts, or otherwise.

                    Summary Compensation Table

                                      Annual Compensation
     Name and                      --------------------------
Principal Position        Year     Salary          Bonus
-------------------------------------------------------------
Frank Iannuzzi (1)      2002        -0-             -0-
  Chairman,             2001        -0-             -0-
  Treasurer and
  Chief Financial
  Officer

Garth Rolfe (2)         2002        -0-             -0-
  Secretary and a       2001        -0-             -0-
  director


  (1)   Mr.  Iannuzzi  was elected Treasurer and  Chief  Financial
     Officer  on March 31, 2003; prior to that, he had been  named
     President, Secretary and a director in February 2000.
(2)  Mr. Rolfe was elected Secretary on March 31, 2003, prior to
that, he was named Secretary in February 2000 and a director on
January 2003.

  Board  Compensation. Members of our board of  directors  do  not
receive   cash  compensation  for  their  services  as  directors,
although  some  directors are reimbursed for  reasonable  expenses
incurred in attending board or committee meetings.

Item  11.   Security  Ownership of Certain Beneficial  Owners  and
Management.

     The  table  following  sets forth information  regarding  the
beneficial ownership of common stock for each person who is  known
by  us to be the beneficial owner of more than five percent of our
voting  securities, for each of our directors and named  executive
officers,  and  all of our directors and executive officers  as  a
group.   Unless otherwise indicated in the footnotes, each  person
named  below has sole voting and investment power over the  shares
indicated.

     As  of  April 21, 2003, the Company had 3,349,327  shares  of
common stock outstanding.  For purposes of this table, a person is
deemed  to  be the "beneficial owner" of the number of  shares  of
common  stock that such person has the right to acquire within  60
days of April 21, 2003 through the exercise of any option, warrant
or  right,  through  the conversion of any security,  through  the
power  to  revoke  a  trust,  discretionary  account,  or  similar
arrangement,  or  through the automatic termination  of  a  trust,
discretionary account or similar arrangement.

 Name of Beneficial Owner (1)           Number of Shares    Percent of Class
-----------------------------           ----------------    ----------------
 William R. Parker (2)                     1,500,000           44.79
 Frank Iannuzzi(3)                           100,000            2.99
 Garth Rolfe(4)                              100,000            2.99
 David Sun(5)                                500,000           14.93
 Cheryl Ketner (6)                           300,000            8.96
 NFC Consultants, Inc.(7)                    275,000            8.21
 Danbury Consultants, Inc.(8)                225,000            6.72
 Saddleback Investment Services, Inc.(9)   1,000,000          100.00
 All executive officers and                1,700,000           50.76
 directors as a group (3 persons)(10)

     (1)  Except as otherwise noted, it is believed by the Company
     that all persons have full voting and investment power with
     respect to the shares, except as otherwise specifically
     indicated.  Under the rules of the Securities and Exchange
     Commission, a person (or group of persons) is deemed to be a
     "beneficial owner" of a security if he or she, directly or
     indirectly, has or shares the power to vote or to direct the
     voting of such security, or the power to dispose of or to
     direct the disposition of such security.  Accordingly, more
     than one person may be deemed to be a beneficial owner of the
     same security.  A person is also deemed to be a beneficial
     owner of any security which that person has the right to
     acquire within 60 days, such as warrants or options to
     purchase the Common Stock of the Company.

     (3)  All shares referenced herein constitute shares of our
     common stock.  Mr. Parker's address is 3300 Irvine Avenue,
     Suite 220, Newport Beach, CA 92660.

     (2)  All shares referenced herein constitute shares of our
     common stock. Mr. Iannuzzi's address is 3300 Irvine Avenue,
     Suite 220, Newport Beach, CA 92660.

     (4)  All shares referenced herein constitute shares of our
     common stock. Mr. Rolfe's address is 3300 Irvine Avenue,
     Suite 220, Newport Beach, CA 92660.

     (5)  All shares referenced herein constitute shares of our
     common stock.  Mr. Sun's address is 215 Milford Drive, Corona
     del Mar, CA  92625.

     (6)  All shares referenced herein constitute shares of our
     common stock.  Ms. Ketner's address is 22 Cape Danbury,
     Newport Beach, CA 92660.

     (7)  All shares referenced herein constitute shares of our
     common stock.  The address of NFC Consultants, Inc. ("NFC")
     is 24 Flintstone, Aliso Viejo, CA 92656.  The sole officer,
     director and shareholder of Danbury is Ellena Duffy, whose
     address is 24 Flintstone, Aliso Viejo, CA 92656.

     (8)  All shares referenced herein constitute shares of our
     common stock.  The address of Danbury Consultants, Inc.
     ("Danbury") is 3300 Irvine Avenue, Suite 320, Newport Beach,
     CA 92660.  The sole officer, director and shareholder of
     Danbury is Christine Woller, whose address is 3300 Irvine
     Avenue, Suite 320, Newport Beach, CA 92660.

     (9)  All shares referenced herein constitute shares of our
     Series A preferred stock.  The address of Saddleback
     Investment Services, Inc., is 3300 Irvine Avenue, Suite 320,
     Newport Beach, CA 92660.  As of the date of this Annual
     Report or within 60 days thereafter, all of such preferred
     shares are convertible into 1,875,000 shares of our common
     stock.

     (10) All shares referenced herein constitute shares of our
     common stock and includes all shares described in Notes 2
     through 4, above.

Item 12.  Certain Relationships and Related Transactions.

     Pursuant to a Purchase Agreement dated March 7, 2003, the
Company, on March 31, 2003, closed a transaction, whereby it
acquired all of the issued and outstanding shares of common stock,
no par value, of Saddleback from Mr. Parker and six otherwise
unaffiliated persons or entities. In exchange for the shares of
Saddleback, we issued 1,500,000 shares of our restricted common
stock, $0.001 par value per share, to Mr. Parker and an aggregate
of 1,500,000 shares to such other persons or entities.  As a
result of this transaction, Mr. Parker became the beneficial owner
of 44.79% of the issued and outstanding common stock of the
Registrant, the sole class of voting stock of the Registrant.  As
a part of the transaction, on March 31, 2003, Mr. Parker was
appointed to the Board of Directors of the Company and elected
President of the Company.  Frank Iannuzzi remains Chairman of the
Board and Chief Financial Officer.  For further information
concerning the acquisition of Saddleback by the Company, reference
is made to our Current Report on Form 8-K , which was filed with
the Securities and Exchange Commission on March 31, 2003.

Item 13.  Exhibits and Reports on Form 8-K.

     (a)  Exhibits:

     Exhibit
     Number                   Description
  -----------  --------------------------------------------------
     3.1.1     Articles of Incorporation of BigEquip.net, Inc., a
               Nevada corporation, filed with the Secretary of
               State of the State of Nevada on February 14, 2000,
               and which was filed with the Securities and
               Exchange Commission on December 17, 2001 as Exhibit
               3a to the Company's Registration Statement on Form
               10-SB, is hereby incorporated by this reference.

     3.1.2     Certificate of Amendment to Articles of
               Incorporation, filed with the Secretary of State of
               Nevada on February 8, 2002, which was filed with
               the Securities and Exchange Commission on February
               11, 2002 as Exhibit 3c to the Company's
               Registration Statement on Form 10-SB/A, is hereby
               incorporated by this reference.

     3.1.3     Certificate of Amendment to Articles of
               Incorporation to be filed with the Nevada Secretary
               of State on March 7, 2003, which was filed with the
               Securities and Exchange Commission on February 14,
               2003 as Exhibit A to the Company's Schedule 14C
               Definitive Information Statement is hereby
               incorporated by this reference.

     3.1.4     Certificate of Designations, Preferences, and
               Rights of the Company's Series A Convertible
               Preferred Stock, filed with the Secretary of State
               of Nevada on February 19, 2003, which was filed
               with the Securities and Exchange Commission on
               April 10, 2003 as Exhibit 3.2 to the Company's
               Current Report on Form 8-K, is hereby incorporated
               by this reference.

     3.1.5     Certificate of Designations, Preferences, and
               Rights of the Company's Series B Convertible
               Preferred Stock, filed with the Secretary of State
               of Nevada on February 26, 2003, which was filed
               with the Securities and Exchange Commission on
               April 10, 2003 as Exhibit 3.3 to the Company's
               Current Report on Form 8-K, is hereby incorporated
               by this reference.

     3.2       By-laws of the Company which were filed with the
               Securities and Exchange Commission on December 17,
               2001 as Exhibit 3b to the Company's Registration
               Statement on Form 10-SB, is hereby incorporated by
               this reference.

     4.1  2003 Stock Plan, which was filed with the Securities and
               Exchange Commission on February 27, 2003 as Exhibit 4.1 to the
               Company's Registration Statement on Form S-8, is hereby
               incorporated by this reference.

     10.1      Purchase Agreement, dated March 7, 2003, by and
               between Big Equipment Services, Inc. and William R.
               Parker, which was filed with the Securities and
               Exchange Commission on March 31, 2003, as Exhibit
               99.3 to the Company's Current Report on Form 8-K,
               is hereby incorporated by this reference.

     99.1 Press Release by Big Equipment Services, Inc., dated March 6,
               2003, concerning the change of name of the Company to Epic
               Financial Corporation, change of trading symbol and 1-for-20
               reverse split, which was filed with the Securities and Exchange
               Commission on March 6, 2003, as Exhibit 99.2 to the Company's
               Current Report on Form 8-K, is hereby incorporated by this
               reference.

     99.2 Press Release by Big Equipment Services, Inc., dated April 1,2003,
               concerning the acquisition of Saddleback Investment Services,
               Inc. dba American National Mortgage, election of William
               R. Parker as a director and President and change of corporate
               address, which was filed with the Securities and Exchange
               Commission on March 31, 2003, as Exhibit 99.4 to the Company's
               Current Report on Form 8-K, is hereby incorporated by this
               reference.

     (b)  Reports on Form 8-K.

          (1)  On March 6, 2003, the Company filed a Current Report on Form
               8-K disclosing (1) the change of name of the Company to Epic
               Financial Corporation, (2) change of trading symbol and (3)
               effectiveness of the 1-for-20 reverse split.

          (2)  On March 31, 2003, the Company filed a Current Report on Form
               8-K disclosing concerning (1) the acquisition of Saddleback
               Investment Services, Inc. dba American National Mortgage,
               pursuant to a Purchase Agreement dated March 7, 2003 by and
               between Big Equipment Services, Inc. and William R. Parker,
               (2) the election of William R. Parker as a director and
               President and the election of other executive officers,
               and (3) the change of corporate address.

          (3)  On April 10, 2003, the Company filed a Current Report on Form
               8-K
               disclosing (1) the filing of a Certificate of
               Determination for a Series A Convertible Preferred
               Stock with the Nevada Secretary of State on
               February 19, 2003 and (2) the filing of a
               Certificate of Determination for a Series B
               Convertible Preferred Stock with the Nevada
               Secretary of State on February 26, 2003.

Item 14.  Controls and Procedures.

Quarterly evaluation of the company's Disclosure Controls and
Internal Controls.

     Within the 90 days prior to the date of this Annual Report on
Form 10-KSB, the company evaluated the effectiveness of the design
and operation of its "disclosure controls and procedures"
(Disclosure Controls), and its "internal controls and procedures
for financial reporting" (Internal Controls). This evaluation (the
Controls Evaluation) was done under the supervision and with the
participation of management, including our Chief Executive Officer
(CEO) and Chief Financial Officer (CFO). Rules adopted by the SEC
require that in this section of the Annual Report we present the
conclusions of the CEO and the CFO about the effectiveness of our
Disclosure Controls and Internal Controls based on and as of the
date of the Controls Evaluation.

CEO and CFO Certifications.

     Appearing immediately following the Signatures section of
this Annual Report there is form of "Certification" of the CEO and
the CFO. This Certification is required in accord with Section 302
of the Sarbanes-Oxley Act of 2002 (the Section 302 Certification).
This section of the Annual Report which you are currently reading
is the information concerning the Controls Evaluation referred to
in the Section 302 Certifications and this information should be
read in conjunction with the Section 302 Certifications for a more
complete understanding of the topics presented.

Disclosure Controls and Internal Controls.

     Disclosure Controls are procedures that are designed with the
objective of ensuring that information required to be disclosed in
our reports filed under the Securities Exchange Act of 1934
(Exchange Act), such as this Annual Report, is recorded,
processed, summarized and reported within the time periods
specified in the Securities and Exchange Commission's (SEC) rules
and forms. Disclosure Controls are also designed with the
objective of ensuring that such information is accumulated and
communicated to our management, including the CEO and CFO, as
appropriate to allow timely decisions regarding required
disclosure. Internal Controls are procedures which are designed
with the objective of providing reasonable assurance that (1) our
transactions are properly authorized; (2) our assets are
safeguarded against unauthorized or improper use; and (3) our
transactions are properly recorded and reported, all to permit the
preparation of our financial statements in conformity with
generally accepted accounting principles.

Limitations on the Effectiveness of Controls.

     The company's management, including the CEO and CFO, does not
expect that our Disclosure Controls or our Internal Controls will
prevent all error and all fraud. A control system, no matter how
well conceived and operated, can provide only reasonable, not
absolute, assurance that the objectives of the control system are
met. Further, the design of a control system must reflect the fact
that there are resource constraints, and the benefits of controls
must be considered relative to their costs. Because of the
inherent limitations in all control systems, no evaluation of
controls can provide absolute assurance that all control issues
and instances of fraud, if any, within the company have been
detected. These inherent limitations include the realities that
judgments in decision-making can be faulty, and that breakdowns
can occur because of simple error or mistake. Additionally,
controls can be circumvented by the individual acts of some
persons, by collusion of two or more people, or by management
override of the control. The design of any system of controls also
is based in part upon certain assumptions about the likelihood of
future events, and there can be no assurance that any design will
succeed in achieving its stated goals under all potential future
conditions; over time, control may become inadequate because of
changes in conditions, or the degree of compliance with the
policies or procedures may deteriorate. Because of the inherent
limitations in a cost-effective control system, misstatements due
to error or fraud may occur and not be detected.

Scope of the Controls Evaluation.

     The CEO/CFO evaluation of our Disclosure Controls and our
Internal Controls included a review of the controls' objectives
and design, the controls' implementation by the company and the
effect of the controls on the information generated for use in
this Annual Report. In the course of the Controls Evaluation, we
sought to identify data errors, controls problems or acts of fraud
and to confirm that appropriate corrective action, including
process improvements, were being undertaken. This type of
evaluation will be done on a quarterly basis so that the
conclusions concerning controls effectiveness can be reported in
our Quarterly Reports on Form 10-QSB and Annual Report on Form 10-
KSB. Our Internal Controls are also evaluated on an ongoing basis
by other personnel in our organization and by our independent
auditors in connection with their audit and review activities. The
overall goals of these various evaluation activities are to
monitor our Disclosure Controls and our Internal Controls and to
make modifications as necessary; our intent in this regard is that
the Disclosure Controls and the Internal Controls will be
maintained as dynamic systems that change (including with
improvements and corrections) as conditions warrant. Among other
matters, we sought in our evaluation to determine whether there
were any "significant deficiencies" or "material weaknesses" in
the company's Internal Controls, or whether the company had
identified any acts of fraud involving personnel who have a
significant role in the company's Internal Controls. This
information was important both for the Controls Evaluation
generally and because items 5 and 6 in the Section 302
Certifications of the CEO and CFO require that the CEO and CFO
disclose that information to our Board's Audit Committee (or
persons performing the equivalent functions) and to our
independent auditors and to report on related matters in this
section of the Annual Report. In the professional auditing
literature, "significant deficiencies" are referred to as
"reportable conditions"; these are control issues that could have
a significant adverse effect on the ability to record, process,
summarize and report financial data in the financial statements. A
"material weakness" is defined in the auditing literature as a
particularly serious reportable condition where the internal
control does not reduce to a relatively low level the risk that
misstatements caused by error or fraud may occur in amounts that
would be material in relation to the financial statements and not
be detected within a timely period by employees in the normal
course of performing their assigned functions. We also sought to
deal with other controls matters in the Controls Evaluation, and
in each case if a problem was identified, we considered what
revision, improvement and/or correction to make in accord with our
on-going procedures.

     In accord with SEC requirements, the CEO and CFO note that,
since the date of the Controls Evaluation to the date of this
Annual Report, there have been no significant changes in Internal
Controls or in other factors that could significantly affect
Internal Controls, including any corrective actions with regard to
significant deficiencies and material weaknesses.

Conclusions.

     Based upon the Controls Evaluation, our CEO and CFO have
concluded that, subject to the limitations noted above, our
Disclosure Controls are effective to ensure that material
information relating to the Company and its consolidated
subsidiaries is made known to management, including the CEO and
CFO, particularly during the period when our periodic reports are
being prepared, and that our Internal Controls are effective to
provide reasonable assurance that our financial statements are
fairly presented in conformity with generally accepted accounting
principles.


                            SIGNATURES

     In accordance with Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.

Registrant:              EPIC FINANCIAL CORPORATION


                    By:  /s/ William R. Parker
                         -------------------------------------
                         William R. Parker
                         President and Chief Executive Officer

     In  connection with the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of
the registrant and in the capacities and on the dates indicated.



Date:     April 22, 2003               /s/ William R. Parker
                                       -----------------------------
                                       William R. Parker
                                       President and Chief
                                       Executive Officer



Date:  April 22, 2003                  /s/ Frank Iannuzzi
                                       ------------------------------
                                       Frank Iannuzzi
                                       Chairman of the Board, Treasurer,
                                       Chief Financial Officer and Acting
                                       Principal Accounting Officer



Date:  April 22, 2003                  /s/ Garth Rolfe
                                       ------------------------------
                                       Garth Rolfe
                                       Director and Secretary





                          CERTIFICATIONS

     I, William R. Parker, certify that:

     1.   I have reviewed this annual report on Form 10-KSB of Epic
          Financial Corporation;

     2.   Based on my knowledge, this annual report does not contain
          any untrue statement of a material fact or omit to state a
          material fact necessary to make the statements made, in light of
          the circumstances under which such statements were made, not
          misleading with respect to the period covered by this annual
          report;

     3.   Based on my knowledge, the financial statements, and other
          financial information included in this annual report, fairly
          present in all material respects the financial condition, results
          of operations and cash flows of the registrant as of, and for, the
          periods presented in this annual report;

     4.   The  registrant's other certifying officers  and  I  are
          responsible for establishing and maintaining disclosure controls
          and procedures (as defined in Exchange Act Rules 13a-14 and 15d-
          14) for the registrant and have:

     a)   Designed such disclosure controls and procedures to ensure
       that material information relating to the registrant, including
       its consolidated subsidiaries, is made known to us by others
       within those entities, particularly during the period in which
       this annual report is being prepared;

     b)   Evaluated the effectiveness of the registrant's disclosure
       controls and procedures as of a date within 90 days prior to the
       filing date of this annual report (the "Evaluation Date"); and

     c)   Presented in this annual report our conclusions about the
       effectiveness of the disclosure controls and procedures based on
       our evaluation as of the Evaluation Date.

     5.   The  registrant's other certifying officers and  I  have
          disclosed, based upon our most recent evaluation, to the
          registrant's auditors and the audit committee of the registrant's
          board of directors (or persons performing the equivalent
          functions):

     a)   All significant deficiencies in the design or operation of
          internal controls which could adversely affect the registrant's
          ability to record, process, summarize and report financial data
          have identified for the registrant's auditors any material
          weaknesses in internal controls; and

     b)   Any fraud, whether or not material, that involves management
          or other employees who have a significant role in the registrant's
          internal controls; and

     6.   The  registrant's other certifying officers and  I  have
          indicated in this annual report whether or not there are
          significant changes in internal controls or in other factors that
          could significantly affect internal controls subsequent to the
          date of our most recent evaluation, including any corrective
          actions with regard to significant deficiencies and material
          weaknesses.

          Date:  April 22, 2003.


                              By:  /s/ William R. Parker
                                   --------------------------------
                                   William R. Parker
                                   Chief Executive Officer






          I, Frank Iannuzzi, certify that:

     1.   I have reviewed this annual report on Form 10-KSB of Epic
          Financial Corporation;

     2.   Based on my knowledge, this annual report does not contain
          any untrue statement of a material fact or omit to state a
          material fact necessary to make the statements made, in light of
          the circumstances under which such statements were made, not
          misleading with respect to the period covered by this annual
          report;

     3.   Based on my knowledge, the financial statements, and other
          financial information included in this annual report, fairly
          present in all material respects the financial condition, results
          of operations and cash flows of the registrant as of, and for, the
          periods presented in this annual report;

     4.   The  registrant's other certifying officers  and  I  are
          responsible for establishing and maintaining disclosure controls
          and procedures (as defined in Exchange Act Rules 13a-14 and 15d-
          14) for the registrant and have:

     a)  Designed  such  disclosure  controls  and  procedures  to
         ensure   that  material  information  relating   to   the
         registrant,  including its consolidated subsidiaries,  is
         made  known  to  us  by  others  within  those  entities,
         particularly  during  the period  in  which  this  annual
         report is being prepared;

     b)  Evaluated   the   effectiveness   of   the   registrant's
         disclosure  controls and procedures as of a  date  within
         90  days  prior to the filing date of this annual  report
         (the "Evaluation Date"); and

     c)   Presented in this annual report our conclusions about the
          effectiveness of the disclosure controls and procedures based on
          our evaluation as of the Evaluation Date.

     5.   The  registrant's other certifying officers and  I  have
          disclosed, based upon our most recent evaluation, to the
          registrant's auditors and the audit committee of the registrant's
          board of directors (or persons performing the equivalent
          functions):

     a)   All  significant deficiencies in the design or operation
          of  internal controls which could adversely  affect  the
          registrant's  ability to record, process, summarize  and
          report   financial   data  have   identified   for   the
          registrant's   auditors  any  material   weaknesses   in
          internal controls; and

     b)   Any  fraud,  whether  or  not  material,  that  involves
          management  or  other employees who have  a  significant
          role in the registrant's internal controls; and

     6.   The  registrant's other certifying officers and  I  have
          indicated in this annual report whether or not there are
          significant  changes in internal controls  or  in  other
          factors   that   could  significantly  affect   internal
          controls  subsequent  to the date  of  our  most  recent
          evaluation, including any corrective actions with regard
          to significant deficiencies and material weaknesses.

          Date:  April 22, 2003.


                              By:  /s/ Frank Iannuzzi
                                   --------------------------
                                   Frank Iannuzzi
                                   Chief Financial Officer