United States
               Securities and Exchange Commission
                     Washington, D.C. 20549
                    ------------------------

                           Form 10-KSB

     [X]   Annual Report Pursuant to Section 13 or 15(d) of the
           Securities Exchange Act of 1934

     For the Fiscal Year Ended December 31, 2001

     [ ]   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

                  Big Equipment Services, Inc.
     (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)


 120 N. Pacific Street, Suite L11, San Marcos, CA        92069
      (Address of principal executive offices)         (Zip code)

 Registrant's Telephone Number, Including Area Code: (760) 591-7788

  Securities Registered Pursuant to Section 12(b) of the Act: NONE

     Securities Registered Pursuant to Section 12(g) of the Act:
     Common Stock, $0.001 par value per share, 20,000,000 shares
 authorized, 5,836,640 issued and outstanding as of December 31, 2001.

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes [X]  No [ ]

Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-B is not contained herein,
and will not 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.  [ ]

As of the date of this filing, the Company's Common Stock is not
trading.  The filing of this report is to maintain its current
reporting status with the Securities and Exchange Commission.


/1/


  The following discussion contains, in addition to historical
information, forward-looking statements that involve risks and
uncertainties.  The Company's actual results could differ
significantly from the results discussed in the forward-looking
statements.  Factors that could cause or contribute to such
differences include, but are not limited to, those discussed
below and in Item 6, "Management's Discussion and Analysis of
Financial Condition or Plan of Operation."


                             PART I

ITEM 1.  BUSINESS.

Overview and History

  Big Equipment Services, Inc. ("BigEquip" or the "Company"), a
Nevada corporation, incorporated on February 14, 2000, is a
development stage company with a principal business objective to
provide business and e-commerce solutions to small and medium
sized construction services companies.  We intend to create an
Internet marketplace by attracting a base of buyers and sellers,
and service providers.  We seek to make available the products
and services necessary to create economies of scale for all
parties involved in the construction industry.  Our goal is to
lower the costs of business transactions and increase the
potential market reach of construction-related businesses by
connecting buyers and sellers to an electronic marketplace.

  To drive short-term revenues we are currently in a
distribution agreement with DKS Technologies Inc. to distribute
The Fuel Stabilizer System.  This product is designed to help
diesel trucks and construction vehicles reduce fuel consumption
and emissions.  The Fuel Stabilizer System is an environmentally
safe product that has been manufactured for mechanical and
electronic fuel injected diesel trucks.

Industry Background

  The heavy equipment industry is broadly defined to include
construction, earthmoving and forestry equipment, as well as some
materials handling equipment and a variety of machines for
specialized construction applications, including uses in the
mining industry.  Prevailing levels of residential, industrial
and public construction and the condition of the forest products
industry influence sales of construction equipment.  General
economic conditions and the level of interest rates also
influence sales.

     Heavy Equipment Industry

  The rate of growth throughout the United States over the past
few years has caused an ever-increasing demand for construction
equipment and services.  Established companies have responded to
this increased growth by redirecting their resources to develop
products and services to meet these demands by taking advantage
of the technological advancements made during what is now known
as "the information age".  Additionally, relatively new companies
have built their businesses around, and continue to focus on,
providing new and improved means of doing business.

  We plan to offer access to a wide variety of construction
equipment and professionals with skills in fields such as
structural engineering and construction services.  In order to
succeed in this market, we must provide a level of service that
delivers leading edge equipment and services at a speed
commensurate with the demands of a rapidly changing building
environment.


/2/


Principal Products and Services

  Our main objective is to develop a business-to-business
Internet marketplace.  We intend to create a global network that
attracts a base of buyers, sellers and service providers to
construction products and services while offering valuable
business solutions to these industry participants.

  We believe our proposed marketplace will create new economies
of scale for buyers, sellers and service providers in the
construction services and equipment industry.  Suppliers will
have access to a diverse collection of purchasers, buyers will
have a wider choice of suppliers and service providers will gain
a single point of access to all members.  We intend to
continually improve and enhance our services to ensure that we
compete effectively.

  Additionally, we are in a distribution agreement with DKS
Technologies Inc. to distribute The Fuel Stabilizer System.  The
Fuel Stabilizer System is a control device that accurately
monitors and maintains the ideal fuel temperature at injection,
to provide optimum combustion, and a cost effective reduction of
fuel consumption and exhaust emissions.  As fuel is drawn from
the tank, the system through the use of the engine's coolant and
heat source delivers pre-heated fuel to the injectors at the
ideal combustion temperature.  The temperature is then regulated
by the system to deliver the fuel at or below the maximum
recommended by the engine manufacturer regardless of the outside
ambient temperature.  No fuel additives or modifications to the
engine are required to implement this system.  Underwriters
Laboratory, a provider of product safety certification and
quality system registration services, approved The Fuel
Stabilizer System.  In addition, it has been issued Executive
Order #D-437 by the California Air Resources Board (CAL/EPA).

  According to the distribution agreement, the cost of each Fuel
Stabilizer System including its corresponding Installation Part
Kit is $606.  The average retail price is $1,150 per unit.  The
agreement is in effect for three (3) years from November 12,
2001, the date of the agreement, and shall be automatically
renewed for an additional two (2) years.  If after receipt of 30
days written notice an offending party has not remedied a
contractual default, the agreement shall be terminated.

New Product Offerings

  As of December 31, 2001 we have:

     1.   Developed and implemented a business plan;
     2.   Recruited and retained an appropriate management team
          and board of directors;
     3.   Commenced operations as a distributor for The Fuel
          Stabilizer System; and
     4.   Developed a web site to market our products and services.

  We have commenced operations, and have begun generating
revenues.  However, we expect the industry to become increasingly
competitive, despite the size and growth expected in the market.
Our main goal is to ensure client satisfaction with our services
and to develop an outstanding reputation for client service.  If
we fail to market and distribute our services and generate
sufficient revenues, we may be unable to continue as a going
concern.


/3/


Distribution, Marketing and Customer Relations

     Web-Site Development

  The Internet is one of the fastest-growing means of
communication, reaching consumers and businesses globally.  As
the number of Internet users has grown, businesses have
increasingly recognized the power of the Internet to streamline
complex processes, lower costs and improve efficiency.  The
popularity of consumer-oriented web sites and the opportunities
presented by business-to-business electronic commerce has spurred
the creation of companies dedicated to the growth of the sector
and to capitalize on the interest in the sector.  It is for this
reason that we have developed our website,
www.bigequipservices.com, where machinery owners and construction
companies are able to lease, finance, purchase and sell
construction machinery, materials, servicing, labor and
information as well as obtain specifics on The Fuel Stabilizer
System.

     Direct Online Marketing

  As our customer base begins to grow, we will be able to build
a database containing customer profiles that will slowly allow us
to develop one-to-one marketing capabilities.  Based on customer
profiles, BigEquip will adapt marketing strategies specific to
each customer such as giving special offers and inducements to
these customers via e-mail and other means.  In addition, we plan
to develop an in-house newsletter that will alert customers to
important developments and merchandising opportunities specific
to each customer profile.

     Pursue Strategic Alliances

  We may pursue strategic alliances with partners who have
established operations.  As part of these joint venture
agreements, we may make investments in or purchase a part
ownership in these joint ventures.  We believe that these joint
venture relationships, if successful, will allow us to gain
additional insight, expertise and penetration in markets where
joint venture partners already operate, and may increase our
revenue and income growth.  No specific joint venture agreements
have been signed, and no assurance can be given that any
agreements will be effected, or if effected, will be successful.

     Build Strong Brand Recognition

  In addition to offering products and services through our
website, we will link to other well-known and respected online
sites dedicated to the construction industry.  We believe that
building awareness of the "BigEquip" brand is critical to
establishing our user base.  We plan to launch an advertising
campaign, both in traditional media and online, to attract new
users.  The campaign is expected to include sponsorship
placements on high traffic web sites, targeted E-mail and
promotions on our web site initially and advertising in print
publications as operations develop.

     Associates Program

  We plan to extend our market presence through an Associates
Program, whereby we would place links or advertisements of other
businesses on our web site in exchange for remuneration in the
form of cash or services rendered.  Payment terms are usually on
a per use basis.  For example, as users click on the hyperlink or
advertisement, BigEquip would receive a pre-determined amount.
These programs will be at-will and may be terminated by involved
parties at anytime with written notice.  Our Associates Program
will also be non-exclusive allowing us to accept a wide range of
potential advertisers.


/4/


Competition

  We compete against a variety of Internet and traditional
construction equipment leasing businesses.  Our business is
characterized by minimal barriers to entry, and new competitors
can launch a competitive service at relatively low cost.  To
compete successfully as an Internet-based merchant, Management
must significantly increase awareness of the products BigEquip
provides.  Failure to achieve this objective could cause our
revenues to decline and would have a material adverse effect on
our business, results of operations and financial condition.

  We compete with other entities that maintain similar
commercial Web sites as ours.  We also compete indirectly against
brick and mortar retailers.  In addition, many major heavy
equipment manufacturers have their own web sites to sell directly
to the public.  We also compete with heavy equipment resellers
that may already maintain or may introduce web sites, which
compete with ours.

  Management believes that the principal competitive factors in
the online market are: brand recognition, speed and quality of
fulfillment, variety of value-added services, ease of use,
customer satisfaction, quality of product and technical
expertise.

  There can be no assurance that we will be able to compete
successfully against current or future competitors, many of which
have substantially more capital, existing brand recognition,
resources and access to additional financing.  In addition,
competitive pressures may result in increased marketing costs,
decreased web site traffic or loss of market share or otherwise
may materially and adversely affect the Company's business,
results of operations and financial condition.

Government Regulation

  A number of legislative and regulatory proposals under
consideration by federal, state, local and foreign governmental
organizations may lead to laws or regulations concerning various
aspects of the Internet, including, but not limited to, online
content, user privacy, taxation, access charges, liability for
third-party activities and jurisdiction.  The adoption of new
laws or the application of existing laws may decrease the growth
in the use of the Internet, which could in turn decrease the
demand for our products and services, increase our cost of doing
business or otherwise have a material adverse effect on our
business, results of operations and financial condition.
Prohibition and restriction of Internet content could dampen the
growth of Internet use, decrease the acceptance of the Internet
as a communications and commercial medium, expose us to
liability, and/or require substantial modification of our
products and services, and thereby have a material adverse effect
on our business, results of operations and financial condition.

  It is unclear how the various states will interpret the
existing laws regarding our business.  In the event that
individual states' regulatory requirements change or additional
requirements are imposed on us, Management may be required to
modify aspects of our business in those states in a manner that
might undermine the attractiveness of the BigEquip purchase
process to consumers, or advertisers or require us to terminate
operations in that state, either of which could have a material
adverse effect on our business, results of operations and
financial condition.


/5/


Proprietary Rights

  We currently do not possess trademarks, patents, or
copyrights, in relation to our products and services.  However,
we do maintain our proprietary rights to the information
contained our our web site.  Policing unauthorized use of our
proprietary and other intellectual property rights could entail
significant expense.  In addition, there can be no assurance that
third parties will not bring claims of copyright or trademark
infringement against us or claim that certain aspects of our
processes or features violates a patent they hold.  There can be
no assurance that third parties will not claim that we have
misappropriated their creative ideas or formats or otherwise
infringed upon their proprietary rights.  Any claims of
infringement, with or without merit, could be time consuming to
defend, result in costly litigation, divert management attention,
require us to enter into costly royalty or licensing arrangements
to prevent us from using important technologies or methods, any
of which could have a material adverse effect on our business,
financial condition or operating results.

Employees

  We presently have three (3) full time employees, one (1) part
time employees and one (1) sales representative.  Currently,
there exist no organized labor agreements or union agreements
between BigEquip and our employees.  We believe that our
relations with our employees are good.


/6/


                          RISK FACTORS

  The following discussion contains, in addition to historical
information, forward-looking statements that involve risks and
uncertainties.  Our actual results could differ significantly
from the results discussed in the forward-looking statements.
Factors that could cause or contribute to such differences
include, but are not limited to, those discussed below and in
Item 6, "Management's Discussion and Analysis of Financial
Condition or Plan of Operation."

Our Limited Operating History Could Have a Negative Impact on Our
Ability to Continue as a Going Concern.

  We were incorporated on February 14, 2000, with a principal
business objective to provide Internet access to a wide variety
of construction equipment and services.  We have a limited
operating history on which to base an evaluation of our business
and prospects.  Our prospects must be considered in light of the
risks, expenses and difficulties frequently encountered by
companies in their early stage of development, particularly
companies in competitive markets such as ours.  These risks
include, but are not limited to, an evolving and unpredictable
business model, dependence on the growth in use of the products
and services we provide, the acceptance of our products and
services, the ability to attract and retain a suitable user base,
the ability to establish a product supplier network while
maintaining high quality customer service, rapid technological
change and the management of growth.

  Our accountants have noted that we have not commenced our
planned principal operations and that we have generated a minimal
amount of revenues.  Although management believes that we
obtained the necessary capital via a securities offering pursuant
to Regulation D, Rule 504 to continue operations for at least the
next twelve months, if the securities offering does not provide
sufficient capital, the officers and directors of BigEquip have
agreed to provide sufficient funds as a loan over the next twelve-
month period. Our ability to secure equity and/or debt financing
beyond that provided for by our officers and directors cannot be
guaranteed and without sufficient financing it would be unlikely
for the Company to continue as a going concern unless we are
successful in generating sufficient revenue to meet our capital
obligations.

The Unpredictability of Future Revenues; Potential Fluctuations
in Quarterly Operating Results; and Seasonality Could All
Negatively Impact Our Profitability and Subsequently Our Stock
Price.

  As a result of our limited operating history and the nature of
the market in which we compete, we are unable to accurately
forecast our revenues.  We anticipate that we may experience
significant fluctuations in our future quarterly operating
results due to a variety of factors, many of which are outside
our control.  Factors that may adversely affect our quarterly
operating results include (i) our ability to attract a sizeable
consumer base and secure repeat business; (ii) our ability to
provide consumers with the products they desire; (iii) our
ability to maintain adequate gross margins; (iv) the level of
consumer acceptance of the Internet for making online purchases;
(v) our ability to upgrade and develop our systems and
infrastructure; and (vi) the amount and timing of operating costs
and capital expenditures relating to expansion of our business,
operations and infrastructure.

  Due to the foregoing factors, in one or more future quarters
our operating results may fall below the expectations of
securities analysts and investors.  In such event, the trading
price of our Common Stock would likely be materially adversely
affected.


/7/


Our Competition Could Negatively Impact Our Ability to Generate
Revenues

  The products and services we offer are similar to those
offered by our competition.  Therefore, we are affected by the
competitive factors faced by both Internet commerce companies as
well as traditional, offline companies within the construction
equipment industry.  The market for Internet-based retailers is
new, and competition among commercial web sites is expected to
increase significantly in the future (see Item 1. "Competition").

E-commerce Security Risks Could Reduce On-Line Purchasing Demand
and Increase Potential Liability

  A requirement of the continued growth of e-commerce is the
secure transmission of confidential information over public
networks.  We intend to rely on public key cryptography and
digital certificate technology to provide the security and
authentication necessary for secure transmission of confidential
information.  Various regulatory and export restrictions may
prohibit us from using the strongest and most secure
cryptographic protection available and there by expose our
products and services to a risk of data interception.  A party
who is able to circumvent our security measures could
misappropriate proprietary information or interrupt our
operations.  Any such compromise or elimination of our security
could reduce demand for our products.  We may be required to
expend significant capital and other resources to protect against
such security breaches or to address problems caused by such
breaches.

  Concerns over the security of the Internet and other online
transactions and the privacy of users may also inhibit the growth
of the Internet and other online services generally, and the Web
in particular, especially as a means of conducting retail
transactions.  Because our activities involve the storage and
transmission of proprietary information, such as personal
information, security breaches could damage our reputation and
expose BigEquip to a risk of loss or litigation and potential
liability.  Security measures may not prevent security breaches
and failure to prevent such security breaches may disrupt our
operations.

We Face Risks Similar to Those of Other E-commerce Companies That
Could Limit the Growth of Our Business

  The possible slow adoption of Internet and Intranet solutions
by consumers may harm our prospects.  In order for us to be
successful, the Internet must continue to be adopted by consumers
as an important means of buying products and services.  Because
Internet usage is continuing to evolve, it is difficult to
estimate with any assurance the size of this market and its
growth rate, if any.  To date, many businesses and consumers have
been deterred from utilizing Intranets and the Internet for a
number of reasons, including: security concerns; limited access
to the Internet; lack of availability of cost-effective, high-
speed service; inconsistent quality of service; potentially
inadequate development of network infrastructure; the inability
to integrate business applications on these networks; and the
need to operate with multiple and frequently incompatible
products.  Consumers may not broadly accept the electronic
procurement of the products we offer, which could limit possible
growth in our revenues.

Our Dependence on Key Personnel and Our Need for Additional
Personnel Could Adversely Impact Our Ability to Continue as a
Going Concern

  Our performance is substantially dependent on the services and
on the performance of our President, Frank Iannuzzi.  Our
performance also depends on our ability to attract, hire, retain


/8/


and motivate key employees.  The loss of the services of any of
our executive officers or other key employees could have a
material adverse effect on our business, prospects, financial
condition and results of operations.

  We have not entered into long-term employment agreements with
any of our key personnel and currently have no "Key Man" life
insurance policies.  Our future success may also depend on our
ability to identify, attract, hire, train, retain and motivate
other highly skilled technical, managerial, marketing and
customer service personnel.  Competition for such personnel is
intense, and there can be no assurance that we will be able to
successfully attract, assimilate or retain sufficiently qualified
personnel.  The failure to attract and retain the necessary
technical, managerial, marketing and customer service personnel
could have a material adverse effect on our business, prospects,
financial condition and results of operations.

The Establishment of a Brand Name May Prove Necessary to Grow Our
Business

  We believe that establishing and maintaining the goodwill
associated with a brand name is a critical aspect of attracting
and expanding a client base.  BigEquip has not yet developed a
strong brand name and if we fail to do so it could have a
material adverse impact on our business.  The importance of brand
recognition will increase with competition.  Promotion and
enhancement of this brand name will depend largely on the success
in providing high quality products and services, which cannot be
assured.  If customers do not find our products to be of high
quality, or if BigEquip introduces new features, or enters into
new business ventures that are not favorably received by the
public, we will risk diluting the value of our brand name.  If we
fail to provide high quality products, or otherwise to promote
and maintain a brand name, or if we incur excessive expenses in
an attempt to improve services, or promote and maintain a brand
name, future results of operations and financial condition could
be materially and adversely affected.

Our Ability to Implement a Successful Growth Strategy and Manage
Growth Will Have a Direct Affect on Our Business, Prospects,
Financial Condition and Results of Operation

  We anticipate that significant expansion will be required to
address potential growth in our customer base and market
opportunities.  Our expansion is expected to place a significant
strain on our management, operational and financial resources.
To manage any material growth of our operations and personnel, we
may be required to improve existing operational and financial
systems, procedures and controls and to expand, train and manage
our employee base.  Further, our management may be required to
develop relationships with various product suppliers, Internet
search engines, other web sites and other service providers
necessary to our business.  There can be no assurance that our
planned personnel, systems, procedures and controls will be
adequate to support our future operations, that management will
be able to hire, train, retain, motivate and manage required
personnel or that our management will be able to successfully
identify, manage and exploit existing and potential market
opportunities.  If we are unable to manage growth effectively,
our business, prospects, financial condition and results of
operations may be materially adversely affected.

Possible Future Issuances of Common Stock Will Have a Dilutive
Affect on Existing Shareholders

  The Company is authorized to issue up to 20,000,000 Shares of
common stock.  Presently, there are 5,836,640 shares of common
stock issued and outstanding.  Additional issuances of common
stock may be required to raise capital, to acquire stock or
assets of other companies, to compensate employees or to
undertake other activities without stockholder approval.  These
additional issuances of common stock will increase outstanding
shares and further dilute stockholders' interests.  Because our
common stock will be subject to the existing rules on penny
stocks, the market liquidity for and value of our securities can
be severely adversely affected.


/9/


ITEM 2.  PROPERTIES.

  Our corporate headquarters are located at 120 N. Pacific
Street, Suite L11, San Marcos, California 92069.  This location
occupies 440 square feet, which is being leased for $416 per
month on a month-to-month basis.  This leasing arrangement may be
terminated by either party with 30 days written notice.
Management believes that these facilities are adequate for our
current needs and that suitable additional space, should it be
needed, will be available to accommodate expansion of our
operations on commercially reasonable terms.  Additionally, there
are currently no proposed programs for the renovation,
improvement or development of the property currently being
utilized.

ITEM 3.  LEGAL PROCEEDINGS.

  We were not subject in the year 2001, nor are we currently
subject to any legal proceedings.

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

  Not applicable.


/10/


                             PART II

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

  Our common stock, par value $0.001 per share (the "Common
Stock"), is not currently trading.  We are currently in the
process of obtaining listing status on the over the counter
bulletin board and are filing this Form 10-KSB to maintain our
current filing status with the Securities and Exchange
Commission.

HOLDERS

  As of December 31, 2001 there were 63 stockholders of record
of our Common Stock.

DIVIDEND POLICY

  We have not paid cash dividends on our Common Stock and do not
intend to pay any cash dividends in the foreseeable future.

SALES OF UNREGISTERED SECURITIES

  On March 9, 2000, the Company issued 4,000,000 shares of its
$0.001 par value common stock as founders shares to officers and
directors of the Company.

  During November 2000, the Company issued 120,000 shares of its
$0.001 par value common stock to Corporate Regulatory Services, a
consulting company, for services rendered.

  During December 31, 2000, the Company issued 1,415,000 shares
of its $0.001 par value common stock pursuant to Regulation D,
Rule 505 of the Securities and Exchange Commission Act of 1933.

  During September 30, 2001, the Company issued 301,640 shares
of its $0.001 par value common stock pursuant to Regulation D,
Rule 504 of the Securities and Exchange Commission Act of 1933.


/11/


ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

                   FORWARD LOOKING STATEMENTS

  The statements contained in this report that are not
historical facts are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act.  Forward-
looking statements are made based upon management's current
expectations and beliefs concerning future developments and their
potential effects upon the Company.  There can be no assurance
that future developments affecting the Company will be those
anticipated by management.  Actual results may differ materially
from those included in the forward-looking statements.

  The key factors that are not within our control and that may
have a direct bearing on operating results include, but are not
limited to, acceptance of our services, our ability to expand our
customer base, our ability to raise capital in the future, the
retention of key employees and changes in the regulation of our
industry.  There may be other risks and circumstances that we are
unable to predict.  When used in this Quarterly Report, words
such as,  "believes,"  "expects," "intends,"  "plans,"
"anticipates,"  "estimates" and similar expressions are intended
to identify forward-looking statements, although there may be
certain forward-looking statements not accompanied by such
expressions.  All forward-looking statements are intended to be
covered by the safe harbor created by Section 21E of the
Securities Exchange Act of 1934.

  Readers are also directed to other risks and uncertainties
discussed in other documents filed by the Company with the
Securities and Exchange Commission.  The Company undertakes no
obligation to update or revise any forward-looking information,
whether as a result of new information, future developments or
otherwise.

General

  We were formed as a Nevada corporation on February 14, 2000.
We are a development stage company with a principal business
objective to provide business and e-commerce solutions to small
and medium sized construction services companies.  We intend to
create an Internet marketplace by attracting a base of buyers and
sellers, and service providers.  We seek to make available the
products and services necessary to create economies of scale for
all parties involved in the construction industry.  Our goal is
to lower the costs of business transactions and increase the
potential market reach of construction-related businesses by
connecting buyers and sellers to an electronic marketplace.

  To drive short-term revenues we are currently in a
distribution agreement with DKS Technologies Inc. to distribute
The Fuel Stabilizer System.  This product is designed to help
diesel trucks and construction vehicles reduce fuel consumption
and emissions.  The Fuel Stabilizer System is an environmentally
safe product that has been manufactured for mechanical and
electronic fuel injected diesel trucks.

  We have a limited operating history and have yet to generate
significant revenues from our operations. Our activities have
been almost entirely limited to start-up procedures.
Consequently, we have incurred the expenses of such procedures.
Future operating results will depend on many factors, including
our ability to generate demand for our products and services, the
level of competition and our ability to deliver our products and
services while maintaining quality and controlling costs.  We
depend on the growing use and acceptance of the Internet as an
effective medium of commerce by merchants and customers.
Decreased levels of e-commerce transactions and the lack of
acceptance of the Internet as a medium of commerce could have a
material adverse effect on our operations.


/12/


Results of Operation

  We generated $4,087 in revenues for the year ended December
31, 2001.  There was no revenue generated in the comparable
period ended December 31, 2000.  As confidence in our products
and purchasing over the Internet continue to grow, we expect to
increase revenues consistently over the next 12 to 24 months.

  Costs of goods sold were $1,095 for the year ended December
31, 2001.  No goods were sold in the comparable period ended
December 31, 2000.  Our cost of goods sold has increased due to
the fact that we are now selling products.  The focus of
management over the next year will be to improve gross profits by
steadily increasing sales.

  Total operating expenses for the year ended December 31, 2001
were $101,878.  This represents an increase of $30,897 in total
operating expenses from the comparable period ended December 31,
2000, when we reported total operating expenses of $70,981.
Total operating expenses for the period ended December 31, 2001
were entirely related to general and administrative expenses and
depreciation expense.

  We incurred total general and administrative expenses for the
year ended December 31, 2001 totaling $97,571 compared to $70,087
for the year ended December 31, 2000.  Our general and
administrative expenses are related to the cost of operating our
corporate office and employee salaries.  Our Company is currently
applying for listing on the OTC-BB.  Depreciation expense for the
year ended December 31, 2001 was $4,307 compared to $894 for the
year ended December 31, 2000.  This represents depreciation on
the assets of the Company.

Future Business

  Technological change, continuing process development and a
reduction in construction spending by corporations and
individuals may affect the markets for our services.  Our success
will depend, in part, upon our continued ability to provide
access to products and services that meet changing customer
needs, successfully anticipate or respond to technological
changes in technological processes on a cost-effective and timely
basis and enhance and expand our existing client base.

  To date, our efforts have been primarily focused on developing
demand for our services, implementing our business strategy and
raising working capital through equity financing.  Our revenues
are primarily dependent upon our ability to cost-effectively and
efficiently develop and market our services.  Our priorities for
the next six to twelve months of operations are to:

     1.   Continue marketing our services;
     2.   Develop and strengthen strategic relationships;
     3.   Respond to competitive developments; and
     4.   Establish our brand identity.

  Current competitors or new market entrants may provide
services superior to ours that could adversely affect the
competitive position of our Company.  We have invested and
continue to invest in developing our website and maintaining
relationships with our clients in an effort to increase our
status in the heavy equipment industry.  Any failure or delay in
achieving the priorities outlined above could have a material
adverse affect on our business, results of operations and
financial condition.


/13/


Liquidity and Capital Resources

     Net Loss

  Due to the significant operating expenses, we experienced a
net loss of $98,886 in 2001 and $70,981 in the period February
14, 2000 (Inception) to December 31, 2000.  We anticipated
incurring this loss during our initial commencement of operations
until such time as we will realize revenues from our services in
the latter part of fiscal year 2002.

     Liquidity

  At December 31, 2001, we have working capital of $17,780.
Since inception net cash used in operating activities was
$151,854 and net cash used in investing activities was $21,995.
Thus unless we begin to generate sufficient revenues to cover
existing operations, we will be dependent upon cash flows
provided by financing activities, through the issuance of common
stock and borrowings from officers and directors of the Company.
Net cash provided by financing activities since inception was
$192,441.

  We estimate our capital requirements to total approximately
$8,500 per month for the next 12 to 24 months.  We have yet to
generate significant revenues during this reporting period and it
is unknown when we will generate significant revenues.  It is
anticipated that we will realize revenues from our products and
services during the next 12 months, of which we cannot guarantee.
The receipt of funds from subsequent Private Placement Offerings
or additional loans obtained through private and public sources
may be anticipated to offset our near term capital requirements
for the next 12 months.  We have financed our cash flow
requirements through a public issuance of common stock and a
private offering.  During our normal course of business, we will
experience net negative cash flows from operations, pending
receipt of revenues.  Further, we may be required to obtain
financing to fund operations through additional common stock
offerings and bank borrowings, to the extent available, or to
obtain additional financing to the extent necessary to augment
our available working capital.

  All investor inquiries should be directed to Mr. Frank
Iannuzzi, President, Big Equipment Services, Inc., 120 N. Pacific
Street, Suite L11, San Marcos, CA 92069, phone 760-591-7788.


/14/


ITEM 7.  FINANCIAL STATEMENTS.











                        TABLE OF CONTENTS


                                                            PAGE


INDEPENDENT AUDITOR'S REPORT                                 F-1

BALANCE SHEETS                                               F-2

STATEMENTS OF OPERATIONS                                     F-3

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY                 F-4

STATEMENTS OF CASH FLOWS                                     F-5

NOTES TO FINANCIAL STATEMENTS                            F-6 to F-10


/15/


G. BRAD BECKSTEAD
Certified Public Accountant
                                              330 E. Warm Springs
                                              Las Vegas, NV 89119
                                                     702.257.1984
                                               702.362.0540 (fax)

                  INDEPENDENT AUDITOR'S REPORT


March 21, 2002

Board of Directors
Big Equipment Services, Inc.
[formerly BigEquip.net]
Las Vegas, NV

I have audited the Balance Sheets of Big Equipment Services, Inc.
(the "Company") (A Development Stage Company), as of December 31,
2001   and  2000,  and  the  related  Statements  of  Operations,
Stockholders' Equity, and Cash Flows for the years then ended and
for  the  period  from February 14, 2000 (Date of  Inception)  to
December   31,   2001.   These  financial  statements   are   the
responsibility of the Company's management.  My responsibility is
to  express an opinion on these financial statements based on  my
audit.

I  conducted  my  audit  in  accordance with  generally  accepted
auditing  standards.  Those standards require  that  I  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   statement
presentation.   An audit also includes assessing  the  accounting
principles used and significant estimates made by management,  as
well  as evaluating the overall financial statement presentation.
I  believe  that  my  audit provides a reasonable  basis  for  my
opinion.

In my opinion, the financial statements referred to above present
fairly, in all material respects, the financial position  of  Big
Equipment  Services,  Inc. (A Development Stage  Company)  as  of
December 31, 2001 and 2000, and the results of its operations and
cash  flows for years then ended and for the period February  14,
2000 (Date of Inception) to December 31, 2001, in conformity with
generally accepted accounting principles.

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 have 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  are
also  described  in  Note  2.  The financial  statements  do  not
include  any  adjustments that might result from the  outcome  of
this uncertainty.



/s/  G. Brad Beckstead

G. Brad Beckstead, CPA

                               F-1


/16/


                         Big Equipment Services, Inc.
                           [formerly BigEquip.net]
                        (a Development Stage Company)
                               Balance Sheets

                                                         December 31,
                                                   ------------------------
Assets                                                2001          2000
                                                   ----------    ----------
Current assets:
   Cash                                            $   18,592    $   68,982
                                                   ----------    ----------
     Total current assets                              18,592        68,982
                                                   ----------    ----------

Fixed assets, net                                      16,794        18,232
                                                   ----------    ----------
                                                   $   35,386    $   87,214
                                                   ==========    ==========

   Liabilities and Stockholders' Equity

Current liabilities:
   Payroll liabilities                             $      812    $        -
                                                   ----------    ----------
     Total current liabilities                            812             -
                                                   ----------    ----------

Stockholders' equity:
   Common stock, $0.001 par value; 20,000,000
    shares authorized, 5,836,640 and 5,535,000
    shares issued and outstanding as of
    12/31/01 and 12/31/00, respectively                 5,837         5,535
   Preferred stock, $0.001 par value, 5,000,000
    shares authorized, no shares issued and
    outstanding                                             -             -
   Additional paid-in capital                         198,604       153,660
   Subscriptions receivable                                 -        (1,000)
   (Deficit) accumulated during development stage    (169,867)      (70,981)
                                                   ----------    ----------
                                                       34,574        87,214
                                                   ----------    ----------
                                                   $   35,386    $   87,214
                                                   ==========    ==========



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

                                      F-2


/17/


                         Big Equipment Services, Inc.
                           [formerly BigEquip.net]
                        (a Development Stage Company)
                          Statements of Operations


                                  For the     Feb. 14, 2000   Feb. 14, 2000
                                 year ended  (inception) to  (inception) to
                                December 31,  December 31,    December 31,
                                    2001           2000           2001
                                 ----------  --------------  --------------

Revenue                          $    4,087  $            -  $        4,087
                                 ----------  --------------  --------------
Cost of goods sold                    1,095               -           1,095
                                 ----------  --------------  --------------

Gross profit                          2,992               -           2,992
                                 ----------  --------------  --------------

Expenses:
 General & administrative expenses   83,724          70,087         153,811

 General & administrative expenses
  - related party                    13,847               -          13,847
 Depreciation                         4,307             894           5,201
                                 ----------  --------------  --------------
   Total expenses                   101,878          70,981         172,859
                                 ----------  --------------  --------------

Net (loss)                          (98,886)        (70,981)       (169,867)
                                 ==========  ==============  ==============

Weighted average number of
 common shares outstanding -
 basic and fully diluted          5,611,856       4,029,411
                                 ==========  ==============

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



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

                                      F-3


/18/


                         Big Equipment Services, Inc.
                            [formerly BigEquip.net]
                         (a Development Stage Company)
                 Statement of Changes in Stockholders' Equity

                                                           (Deficit)
                                                          Accumulated  Total
                    Common Stock                Additional   During    Stock-
                   --------------- Subscriptions  Paid-in  Development holders'
                   Shares   Amount  Receivable    Capital    Stage     Equity
                  -------- -------- ----------   --------  ---------  --------
February 2000
 Contributed
 Capital                 - $      - $        -   $    295  $       -  $    295

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

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

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

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

Net (loss)
 Feb 14, 2000
 (inception) to
 Dec 31, 2000                                                (70,981)  (70,981)
                  -------- -------- ----------   --------  ---------  --------

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

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

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

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

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

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



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

                                      F-4


/19/


                         Big Equipment Services, Inc.
                            [formerly BigEquip.net]
                         (a Development Stage Company)
                           Statements of Cash Flows

                                  For the     Feb. 14, 2000   Feb. 14, 2000
                                 year ended  (inception) to  (inception) to
                                December 31,  December 31,    December 31,
                                    2001           2000           2001
                                 ----------  --------------  --------------

Cash flows from operating activities:

Net (loss)                       $  (98,886) $      (70,981) $     (169,867)
  Stock issued for services               -          12,000          12,000
  Depreciation                        4,307             894           5,201
Adjustments to reconcile net
 (loss) to net cash (used)
 by operating activities:
  Increase in payroll liabilities       812               -             812
Net cash (used) by operating     ----------  --------------  --------------
 activities                         (93,767)        (58,087)       (151,854)
                                 ----------  --------------  --------------

Cash flows from investing activities:

  Purchase of fixed assets           (2,869)        (19,126)        (21,995)
Net cash (used) by investing     ----------  --------------  --------------
 activities                          (2,869)        (19,126)        (21,995)
                                 ----------  --------------  --------------

Cash flows from financing activities:

  Issuance of common stock           45,246         147,195         192,441
  Subscription receivable             1,000          (1,000)              -
Net cash provided by financing   ----------  --------------  --------------
 activities                          46,246         146,195         192,441
                                 ----------  --------------  --------------

Net increase (decrease) in cash     (50,390)         68,982          18,592
Cash - beginning                     68,982               -               -
                                 ----------  --------------  --------------
Cash - ending                    $   18,592  $       68,982  $       18,592
                                 ==========  ==============  ==============

Supplemental disclosures:
  Interest paid                   $       -  $            -  $            -
                                 ==========  ==============  ==============
  Income taxes paid               $       -  $            -  $            -
                                 ==========  ==============  ==============

Non-cash transactions:
  Stock issued for services
   provided                      $        -  $       12,000  $       12,000
                                 ==========  ==============  ==============
  Number of shares issued for
   services                               -         120,000         120,000
                                 ==========  ==============  ==============



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

                                       F-5


/20/


                  Big Equipment Services, Inc.
                     [formerly BigEquip.net]
                  (a Development Stage Company)
                              Notes

Note 1 - Summary of significant accounting 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 preferred 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 original maturity of three months  or
 less  are considered to be cash equivalents.  There are no  cash
 equivalents as of December 31, 2001 and 2000.

Equipment
 Property  and  equipment are recorded at cost.  Minor  additions
 and   renewals  are  expensed  in  the  year  incurred.    Major
 additions  and  renewals are capitalized  and  depreciated  over
 their  estimated useful lives.  Depreciation is calculated using
 the  straight-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.
 There   were   advertising  costs  included   in   general   and
 administrative  expenses in the amount  of  $450  for  the  year
 ended  December  31, 2001 and none for the year  ended  December
 31, 2000.

Fair value of financial instruments
 Fair  value  estimates discussed herein are based  upon  certain
 market  assumptions  and  pertinent  information  available   to
 management  as  of December 31, 2001 and 2000.   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 recoverable  or  is
 impaired.    No   such  impairments  have  been  identified   by
 management at December 31, 2001 and 2000.

                               F-6


/21/


                  Big Equipment Services, Inc.
                     [formerly BigEquip.net]
                  (a Development Stage Company)
                              Notes

Reporting on the costs of start-up activities
 Statement  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.

Loss per share
 Net  loss per share is provided in accordance with Statement  of
 Financial  Accounting  Standards No. 128 (SFAS  #128)  "Earnings
 Per  Share".   Basic  loss  per share is  computed  by  dividing
 losses  available to common stockholders by the weighted average
 number  of common shares outstanding during the period.   As  of
 December  31, 2001 and 2000, the Company had no dilutive  common
 stock equivalents, such as stock options or warrants.

Dividends
 The Company has not yet adopted any policy regarding payment  of
 dividends.   No  dividends  have been  paid  or  declared  since
 inception.

Segment reporting
 The  Company follows Statement of Financial Accounting Standards
 No.  130,  "Disclosures  About Segments  of  an  Enterprise  and
 Related  Information."  The Company operates as a single segment
 and will evaluate additional segment disclosure requirements  as
 it expands its operations.

Income taxes
 The  Company follows Statement of Financial Accounting  Standard
 No.  109,  "Accounting for Income Taxes" ("SFAS  No.  109")  for
 recording  the provision for income taxes.  Deferred tax  assets
 and  liabilities are computed based upon the difference  between
 the  financial  statement and income tax  basis  of  assets  and
 liabilities using the enacted marginal tax rate applicable  when
 the  related  asset or liability is expected to be  realized  or
 settled.  Deferred income tax expenses or benefits are based  on
 the  changes  in  the  asset  or  liability  each  period.    If
 available  evidence  suggests that it is more  likely  than  not
 that some portion or all of the deferred tax assets will not  be
 realized,  a  valuation  allowance is  required  to  reduce  the
 deferred  tax assets to the amount that is more likely than  not
 to  be realized.  Future changes in such valuation allowance are
 included  in  the  provision for deferred income  taxes  in  the
 period of change.

 Deferred  income  taxes  may  arise from  temporary  differences
 resulting  from income and expense items reported for  financial
 accounting  and  tax  purposes in different  periods.   Deferred
 taxes  are  classified as current or non-current,  depending  on
 the  classification  of  assets and liabilities  to  which  they
 relate.  Deferred taxes arising from temporary differences  that
 are  not  related  to an asset or liability  are  classified  as
 current  or  non-current depending on the periods in  which  the
 temporary differences are expected to reverse.

                               F-7


/22/


                  Big Equipment Services, Inc.
                     [formerly BigEquip.net]
                  (a Development Stage Company)
                              Notes

Recent pronouncements
 The  FASB  recently  issued Statement No. 137,  "Accounting  for
 Derivative   Instruments  and  Hedging  Activities-Deferral   of
 Effective  Date  of  FASB  Statement No.  133".   The  Statement
 defers  for  one year the effective date of FASB  Statement  No.
 133,   "Accounting  for  Derivative  Instruments   and   Hedging
 Activities".  The rule now will apply to all fiscal quarters  of
 all  fiscal years beginning after June 15, 2000.  In June  1998,
 the  FASB  issued  SFAS  No.  133,  "Accounting  for  Derivative
 Instruments   and  Hedging  Activities."   The  Statement   will
 require  the company to recognize all derivatives on the balance
 sheet  at fair value.  Derivatives that are not hedges  must  be
 adjusted  to fair value through income, if the derivative  is  a
 hedge,  depending  on the nature of the hedge,  changes  in  the
 fair  value  of  derivatives will either be offset  against  the
 change in fair value of the hedged assets, liabilities, or  firm
 commitments   through   earnings   or   recognized   in    other
 comprehensive  income  until the hedged item  is  recognized  in
 earnings.   The ineffective portion of a derivative's change  in
 fair  value  will  be immediately recognized in  earnings.   The
 company  does not expect SFAS No. 133 to have a material  impact
 on earning s and financial position.

 In   December  1999,  the  Securities  and  Exchange  Commission
 released  Staff Accounting Bulletin No. 101, Revenue Recognition
 in  Financial Statements (SAB No. 101), which provides  guidance
 on  the  recognition, presentation and disclosure of revenue  in
 financial  statements.  SAB No. 101 did not impact the company's
 revenue recognition policies.

Stock-Based Compensation
 The  Company  accounts for stock-based awards  to  employees  in
 accordance  with  Accounting Principles Board  Opinion  No.  25,
 "Accounting   for  Stock  Issued  to  Employees"   and   related
 interpretations and has adopted the disclosure-only  alternative
 of  FAS  No.  123,  "Accounting for  Stock-Based  Compensation."
 Options granted to consultants, independent representatives  and
 other  non-employees  are accounted for  using  the  fair  value
 method as prescribed by FAS No. 123.

Year end
 The Company has adopted December 31 as its fiscal year end.

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  has  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  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 business  interests.   The
Company  has not formulated a policy for the resolution  of  such
conflicts.

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 $4,307 for the year ended December 31, 2001 and $894  for
the year ended December 31, 2000.

                               F-8


/23/


                  Big Equipment Services, Inc.
                     [formerly BigEquip.net]
                  (a Development Stage Company)
                              Notes
Note 4 - Income taxes

The  Company  accounts  for  income  taxes  under  Statement   of
Financial  Accounting Standards No. 109, "Accounting  for  Income
Taxes"   ("SFAS  No. 109"), which requires use of  the  liability
method.    SFAS  No.  109 provides that deferred tax  assets  and
liabilities are recorded based on the differences between the tax
bases  of  assets and liabilities and their carrying amounts  for
financial   reporting   purposes,  referred   to   as   temporary
differences.  Deferred tax assets and liabilities at the  end  of
each  period are determined using the currently enacted tax rates
applied  to  taxable income in the periods in which the  deferred
tax  assets  and  liabilities  are  expected  to  be  settled  or
realized.

The  provision for income taxes differs from the amount  computed
by  applying  the  statutory federal income tax  rate  to  income
before  provision for income taxes.  The sources and tax  effects
of the differences are as follows:

               U.S federal statutory rate      (34.0%)

               Valuation reserve                34.0%
                                                -----
               Total                               -%
                                                =====

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 deferred  tax  asset
relating  to  the  operating loss carryforward  of  approximately
$20,000 has been fully reserved at December 31, 2000.

Note 5 - Stockholders' equity

On February 14, 2000, a shareholder paid for organizational costs
totaling $295 on behalf of the Company.  The expenses will not be
paid  back by the Company and are considered additional  paid  in
capital.

On  February  20,  2000,  a shareholder paid  for  various  costs
totaling $1,300.  The costs will not be paid back by the  Company
and are considered additional paid in capital.

On  March  9,  2000, the Company issued 4,000,000 shares  of  its
$0.001 par value common stock as founders shares to officers  and
directors of the Company for total cash in the amount of $4,100.

During  November 2000, the Company issued 120,000 shares  of  its
$0.001 par value common stock to Corporate Regulatory Services, a
consulting company, for services valued at $12,000.

During December 31, 2000, the Company issued 1,415,000 shares  of
its  $0.001 par value common stock for cash totaling $141,500 (of
which  $140,500 has been received by December 31, 2000)  pursuant
to  its  Regulation  D, Rule 505 of the Securities  and  Exchange
Commission  Act  of  1933,  offering.  The  remaining  $1,000  is
considered Subscriptions Receivable.

On  April  3,  2001, the Company received cash in the  amount  of
$1,000  to extinguish the balance in the subscriptions receivable
account.

During  September 30, 2001, the Company issued 301,640 shares  of
its  $0.001 par value common stock for cash totaling $45,246  (of
which  none has been received by September 30, 2001) pursuant  to
its  Regulation  D,  Rule  504  of the  Securities  and  Exchange
Commission Act of 1933, offering.  The balance of $45,246 is held
in the escrow account and is considered Subscriptions Receivable.

                               F-9


/24/


                  Big Equipment Services, Inc.
                     [formerly BigEquip.net]
                  (a Development Stage Company)
                              Notes

On  October 17, 2001, the Company received cash in the amount  of
$44,496 to extinguish the balance in the subscriptions receivable
account.   The remaining balance of $750 was paid to  the  escrow
agent out of the offering proceeds for expenses.

There  have  been  no other issuances of common and/or  preferred
stock.

Note 6 - 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 business  interests.   The
Company  has not formulated a policy for the resolution  of  such
conflicts.

Note 7 - Warrants and options

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

Note 8 - Subsequent events

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

                              F-10


/25/


ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
ACCOUNTING AND FINANCIAL DISCLOSURES

We have had no disagreements with our independent accountants.


/26/


                            PART III


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

  The name, age, position and date of appointment of the
Company's directors and executive officers are as follows:


      Name           Age            Position               Appointed
----------------   -------      ----------------         -------------
 Frank Iannuzzi       53      President, Secretary   Since February of 2000
                                  and Director

  Garth Rolfe         59           Treasurer         Since February of 2000


  Frank Iannuzzi, President, Secretary and Director - Mr.
Iannuzzi has been involved in business as a manager or owner for
almost 30 years.  He spent 10 years with Safeway Grocery Stores
in New York, working his way from stock clerk to assistant
manager.  When an opportunity presented itself in San Diego,
California, Frank stepped in to become a business owner.  He
became the distributor for the San Diego County coastal area,
handling all distribution for the L.A. Herald Examiner, USA
Today and the New York Times.  11 years later, he began a
vending machine business, which further honed his skills in the
day-to-day operations of running a business.  Presently Frank is
operating his own hauling business, which includes two large
dump trucks and is looking forward to expanding into the heavy
equipment arena.

  Garth Rolfe, Treasurer - Mr. Rolfe has been in the wholesale
plumbing supply and distribution industry for almost 30 years.
He began his career with Hamilton Supply Company in Los Angeles,
California, where he spent 10 years in management.  He left to
become a partner with Urban Pipe and Supply in Anaheim,
California, where he spent 10 years developing it into an $18
million a year company before selling his share in the Company
to his partner.  Mr. Rolfe then moved to Lake Havasu City,
Arizona, where he formed his own company, Tri State Plumbing
Supply, also a wholesale and retail distributor of plumbing
supplies.  After four years, the company was acquired by Morally
Wholesale Plumbing Supply in San Marcos, California, where Mr.
Rolfe has held the position of controller for the last four
years.

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

  Section 16(a) of the Securities Exchange Act of 1934 requires
the Company's directors and executive officers, and persons who
own more than ten percent of a registered class of the Company's
equity securities, to file with the SEC initial reports of
ownership and reports of changes in ownership of Common Stock and
other equity securities of the Company. Officers, directors and
greater than ten-percent stockholders are required by SEC
regulations to furnish the Company with copies of all Section
16(a) forms they file. To the Company's knowledge, based solely
on review of the copies of such reports furnished to the Company
and written representations that no other reports were required
during the fiscal year ended December 31, 2001, its officers,
directors and greater than ten percent beneficial owners complied
with all Section 16(a) filing requirements.


/27/


ITEM 10.  EXECUTIVE COMPENSATION.

  The following table discloses compensation paid during the
fiscal year ended December 31, 2001 to (i) the Company's Chief
Executive Officer, and (ii) individual(s) who were the only
executive officers, other than the Chief Executive Officer,
serving as executive officers at the end of 2001 whose total
salary and bonus exceeded $100,000 (the "Named Executive
Officers").


                                 ANNUAL     COMPENSATION       ALL OTHER
  NAME AND PRINCIPAL             SALARY        BONUS         COMPENSATION
       POSITION         YEAR      ($)           ($)               ($)
----------------------  ----   ---------    ------------    --------------

    Frank Iannuzzi      2001          0             0                0
President, Secretary,
     and Director

     Garth Rolfe        2001          0             0                0
      Treasurer


   STOCK OPTIONS GRANTED IN LAST FISCAL YEAR

  No stock options were granted in the previous year.

   COMPENSATION OF DIRECTORS

  Our directors are reimbursed for reasonable expenses incurred
in connection with attendance at meetings of the Board and of
Committees of the Board; however, they do not receive any
additional compensation for their services as directors.
Accordingly, it may be necessary for us to compensate newly
appointed directors in order to attract a quality governance
team.  At this time the Company has not identified any specific
individuals or candidates nor has it entered into any
negotiations or activities in this regard.

   EMPLOYMENT AGREEMENTS

  No such agreement(s) exists between any executive and the
Company.


/28/


ITEM 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

  The following table sets forth certain information as of
December 31, 2001 with respect to the beneficial ownership of the
Company's Common Stock by: (i) all persons known by the Company
to be beneficial owners of more than 5% of the Company's Common
Stock, (ii) each director and Named Executive Officer, and (iii)
by all executive officers and directors as a group


                        COMMON STOCK

  Name of Beneficial Owner       Number of Shares      % of Class
----------------------------    ------------------    ------------

      Frank Iannuzzi                 2,000,000            34.27%
      456 E. Mission
      San Marcos,
      California 92069

      Garth Rolfe                    2,000,000            34.27%
      456 E. Mission
      San Marcos,
      California 92069
                                ------------------    ------------
All Executive Officers and
Directors as a Group                 4,000,000            68.54%


ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

  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.  There were no other actual
or proposed transactions that occurred over the past two years,
to which any person related to the issuer had or is to have a
direct or indirect material interest as set forth in item 404 of
Regulation S-B of the Securities and Exchange Act of 1933.


ITEM 13.  EXHIBITS AND REPORTS ON FORM 8-K.

(a)   Exhibits:

  A  list of exhibits required to be filed as part of this Annual
Report  is  set forth in the Index to Exhibits, which immediately
precedes such exhibits and is incorporated herein by reference.

(b)   Reports on Form 8-K

  The  Company has not filed any reports on Form 8-K  during  the
last quarter of the period covered by this Report.


/29/


                           SIGNATURES


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


                              BIG EQUIPMENT SERVICES, INC.


Date: March 26, 2002
      --------------


                              By: /s/ Frank Iannuzzi
                                  ------------------
                                  Frank Iannuzzi,
                                  President, Secretary and Director





In accordance with the Exchange Act, 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: March 26, 2002
      --------------


By: /s/ Frank Iannuzzi
    ------------------
    Frank Iannuzzi,
    President, Secretary and Director (Principal Executive Officer)



Date: March 26, 2002
      --------------


By: /s/ Garth Rolfe
    ------------------
    Garth Rolfe
    Treasurer


/30/


INDEX TO EXHIBITS

Exhibit   Name and/or Identification of Exhibit
Number

  3       Articles of Incorporation & By-Laws
             (a)  Articles of Incorporation of the Company filed
                  February 14, 2000.  Incorporated by reference to the
                  exhibits to the Company's General Form For Registration
                  Of Securities Of Small Business Issuers on Form 10-SB,
                  previously filed with the Commission.
             (b)  Amended Articles of Incorporation of the Company
                  filed February 8, 2002.  Incorporated by reference to
                  the exhibits to the Company's General Form For
                  Registration Of Securities Of Small Business Issuers on
                  Form 10-SB, previously filed with the Commission.
             (c)  By-Laws of the Company adopted February 16, 2000.
                  Incorporated by reference to the exhibits to the
                  Company's General Form For Registration Of Securities
                  Of Small Business Issuers on Form 10-SB, previously
                  filed with the Commission.
 23       Consent of Experts and Counsel
             Consent of independent public accountant


/31/