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

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

                     For the period ended December 31, 2000
                         Commission file number 0-17268


                             MICRON SOLUTIONS, INC.
                 ----------------------------------------------
                 (Name of Small Business Issuer in its Charter)



        Nevada                                                   86-0577075
---------------------------                                   ----------------
(State or other jurisdiction                                 (I.R.S. Employer
of incorporation or                                          Identification No.)
organization)

  8361 E. Evans Road, Suite 105, Scottsdale, AZ                85260
------------------------------------------------              ------
(Address of principal executive offices)                    (Zip Code)

Issuer's Telephone number:   (480) 607-7243
                            ---------------

Securities registered pursuant to Section 12(b) of the Act:

         Title of each class         Name of each exchange on which registered
         -------------------         -----------------------------------------
         Common Stock                                None

Securities registered pursuant to Section 12(g) of the Act:

                                     Common Stock, Par Value $0.001 Per Share
                                     ----------------------------------------
                                                 (Title of Class)

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

<PAGE>

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 the Form 10-KSB. [ ]

         State issuer's revenues for its most recent fiscal year: $0.00

         State the aggregate  market value of the voting and  non-voting  common
equity held by non-  affiliates  computed by reference to the price at which the
common  equity  was sold,  or the  average  bid and asked  price of such  common
equity, as of a specified date within the past 60 days. $0.00 (The shares of the
Company's  common  stock  currently  are not traded or listed on any exchange or
quotation system. Accordingly, no sales or bid information is available.)

PART I

--------------------------------------------------------------------------------

ITEM 1.  DESCRIPTION OF BUSINESS

--------------------------------------------------------------------------------

(a)      Business Development

         MICRON SOLUTIONS, INC. (the "Company" or the "Registrant" ) is a Nevada
corporation which was originally  incorporated on September 5, 1997. On December
4, 1997, Shillelagh Ventures Chartered ("Shillelagh"),  a Utah corporation,  was
acquired by the Company through a merger.

         Shillelagh was originally  incorporated  under the laws of the State of
Utah on January 18,  1974 under the name of  Northwestern  Construction  Company
("Northwestern"). Northwestern became a publicly-held company on August 27, 1976
through a distribution of 24,000 shares of its common stock to the  stockholders
of World  Electors,  Inc. On January 28, 1987 it changed its name to  Shillelagh
Ventures, Chartered.

         On April 15, 1987  Shillelagh  offered  5,000,000  shares of its common
stock  through a Private  Placement  Memorandum.  On June 10, 1988,  the Company
offered a maximum of 1,625,000  units and a minimum of 900,000 units  consisting
of one (1) share of common  stock  and one (1)  Class A  Warrant  per Unit.  The
Company filed a Registration Statement on Form S-18 with respect to the Units of
the Company offered.

         Shillelagh was a reporting company, filing under Commission file number
0- 17268. To management's knowledge, the last filing made on Shillelagh's behalf
was a Form 10-Q filed in the first quarter of 1989. At that time, Shillelagh was

                                       -2-
<PAGE>

a start-up  company  which  intended to engage in the  satellite  communications
business  and the leasing of related and other  equipment.  Some time after that
date,  Shillelagh  became inactive.  In July of 1992,  Shillelagh's  charter was
revoked by the State of Utah and the Company was involuntarily dissolved.

         Having  learned that the Company had been  dissolved  and  abandoned by
past management,  a group of shareholders  sought to have  Shillelagh's  charter
reinstated in 1997. In that regard, a petition to reinstate Shillelagh's charter
was filed in the Third  District  Court in Salt  Lake  County,  State of Utah on
April 28, 1997. On August 12, 1997,  the Third  District  Court entered an order
reinstating  the  Company's   charter.   The  shareholders  then  installed  new
management.

         New management  entered into a merger agreement with Micron  Solutions,
Inc., a Nevada  corporation  on September 9, 1997.  Micron was  incorporated  on
September  5, 1997 for the  purpose of this  merger.  At the time of the merger,
Shillelagh  had an  authorized  capitalization  of  10,000,000  shares of common
stock,  having a par value of $0.005 per share, of which  9,908,002  shares were
issued and  outstanding.  At that same  time,  Micron  had a  capitalization  of
100,000,000  shares of common stock,  having a par value of $0.001 per share, of
which 1,000 shares were outstanding.  Micron,  the Nevada  corporation,  was the
surviving corporation.

         Currently,  the Company has a capitalization  of 100,000,000  shares of
common stock with a par value of $0.001 per shares,  of which  1,982,600  shares
are issued and outstanding. The Company currently has 404 shareholders.

(b)      BUSINESS OF THE ISSUER

(1)      Principal Products and Services and Their Markets

         The Company provides  specialized  services  directed to the investment
community but available to the general public  through the internet.  Revenue is
derived  by  clients  willing  to  pay  for  specific  information  as to  their
investment holdings as follows:

         By accessing internet web-sit  STOCKTRACING.COM (a domain name owned by
         Micron  Solutions,  Inc.),  a  potential  client  can  have  any  stock
         certificate  (old,  new or obsolete)  researched for current status and
         value.  The service is designed to inform  holders of  certificates  of
         stock in companies that have merged,  changed names, been bought out of
         failed,  etc.  whether  there is any  current  value  attached to their
         certificates.  The fee for a search in this category is $30.00.  Should
         the client have a certificate of value, the company will process it for
         an additional fee at the owner's discretion.

                                       -3-
<PAGE>

         The Company is also the owner of the domain  name  LOSTSTOCKHOLDERS.COM
and is developing a web-site for the purpose of listing shareholders of publicly
listed  companies  that have been  classified as lost,  missing,  dormant,  etc.
Access to the  web-site  and  search by name of record  will be free of  charge,
however,  additional  information as to value,  company name, along with how and
where to collect any property  will be  furnished  for a fee of $50.00 along ith
proper shareholder identification.

         The Company plans to develop and/or acquire other  businesses  when the
opportunity becomes available.

(2)      Distribution Methods

         The Company intends to market its products and services  through direct
mailings and through the maintenance of an Internet website which describes such
services and products.

(3)      Status of Publicly Announced New Products or Services

         To date, the Company has not publicly announced the availability of its
services or products.

(4)      Competitive Business Conditions

         There  are  several  corporations  engaged  in  the  type  of  business
activities  contemplated by the Company.  Those entities are presumed to be more
experienced  and to  possess  substantially  greater  financial,  technical  and
personnel resources than the Company.  While the Company hopes to be competitive
with other similar  companies,  there can be no assurance  that such will be the
case.

(5)      Suppliers

         The Company intends to contact all listed public companies in an effort
to create a large database for its web-site LOSTSTOCKHOLDERS.COM. With regard to
the  web-site  STOCKTRACING.COM,  the  Company  is in  possession  of books  and
publications  that provide the research needs to satisfy most  inquiries.  Other
needs can be obtained from governmental offices and public libraries.

(6)      Dependence on Major Customers

         The Company does not have a base of customers.  Management  anticipates
that the demand for its services will come primarily from the general public.

                                       -4-
<PAGE>

(7)      Intellectual Property

         The Company regards its trade secrets and similar intellectual property
as valuable to its business, and will rely on trademark and copyright law, trade
secret  protection  and  confidentiality  and/or  license  agreements  with  its
employees,  partners and others to protect its proprietary rights.  There can be
no  assurance  that the steps taken by the  Company  will be adequate to prevent
misappropriation  or  infringement  of its  intellectual  property.  The Company
expects that it may license in the future,  certain of its  proprietary  rights,
such as trademarks or copyrighted material, to third parties.  While the Company
attempts  to  ensure  that  the  quality  of its  brand  is  maintained  by such
licensees,  there can be no assurance  that such licensees will not take actions
that might materially  adversely  affect the value of the Company's  proprietary
rights or reputation, which could have a material adverse effect on the Company.

(9)      Effect of Governmental Approval and Regulation

         Government  Regulation and Legal Uncertainties.  The company is subject
to various laws and governmental  regulations  applicable to business generally.
The Company  believes it is in  compliance  with such laws and that such laws do
not have a material  impact on its operations.  In addition,  although there are
currently few laws or regulations  directly  applicable to access to or commerce
on the Internet, due to the increasing popularity and use of the Internet, it is
possible that more stringent  consumer  protection  laws and  regulations may be
adopted  with  respect  to the  Internet  covering  issues  such as  participant
privacy, pricing, intellectual property, information security,  anti-competitive
practices,  the  convergence  of  traditional  channels with Internet  commerce,
characteristics  and quality of product and  services and the taxation of income
or gross receipts. The enactment or enforcement of such federal or state lwas or
regulations in the future may decrease the demand for the Company's products and
services,  increase the Company's  costs, or otherwise have an adverse effect on
the Company's  business,  prospects,  financial  condition or operating results.
Moreover,  the  applicability  to the  Internet  of  existing  laws  in  various
jurisdictions  governing issues such as property  ownership,  libel and personal
privacy is uncertain,  may take years to resolve and could expose the Company to
substantial  liability for which the Company might not be indemnified by content
providers or other third parties.  Any such new legislation or regulation or the
application  of  existing  laws and  regulations  to the  Internet  could have a
material  adverse  effect  on  the  Company's  business,  prospects,   financial
condition or operating results.

(10)     Research and Development

         The Company has not engaged in any research or  development in the last
two years.

(11)     Cost of Environmental Regulation

         The Company  anticipates that it will have no material costs associated
with compliance with either federal, state or local environmental law.

                                       -5-
<PAGE>

(12)     Employees

         As of  March  31,  2001,  Micron  had 2  full-time  and  no  part  time
employees.  These two employee  are the  officers and  directors of the Company.
None of the Company's employees is represented by a labor union, and the Company
considers its employee  relations to be good. The Company  expects the number of
employees to grow over the next twelve months as sales personnel and shareholder
tracing personnel are added.

(c)      Reports to Security Holders

         To the extent that the Company is required to deliver annual reports to
security  holders through its status as a reporting  company,  the Company shall
deliver annual  reports.  Also, to the extent the Company is required to deliver
annual  reports  by the rules or  regulations  of any  exchange  upon  which the
Company's  shares are traded,  the Company shall deliver annual reports.  If the
Company is not required to deliver annual  reports,  the Company will not go the
expense of producing and delivering such reports.  If the Company is required to
deliver  annual  reports,  they will contain  audited  financial  statements  if
audited financial statements are required.

         Prior to the  filing  of the Form  10-KSB,  the  Company  had not filed
reports with the  Securities  and  Exchange  Commission  since 1989.  Management
anticipates  that Forms 10-KSB,  10Q-SB,  and 8-K along with  appropriate  proxy
materials  will  have to be  filed  as they  come  due.  If the  Company  issues
additional shares, the Company may file additional  registration  statements for
those shares.

         The public may read and copy any  materials  the Company files with the
Securities and Exchange  Commission at the Commission's Public Reference Room at
450  Fifth  Street,  N.W.,  Washington,   D.C.  20549.  The  public  may  obtain
information on the operation of the Public Reference Room by call the Commission
at  1-800-SEC-  0330.  The  Commission  maintains an Internet site that contains
reports,  proxy and  information  statements,  and other  information  regarding
issuers that file  electronically  with the Commission.  The Internet address of
the Commission's site is (http://www.sec.gov).

--------------------------------------------------------------------------------

ITEM 2.  DESCRIPTION OF PROPERTY

--------------------------------------------------------------------------------

(a)      Principal  Plants  and  Property  and  Description  of Real  Estate and
         Operating Data.

         The Company's  executive offices are located.  and substantially all of
its operating activities are conducted from, office space at 8361 E. Evans Road,
Suite 105,  Scottsdale,  Arizona 85260,  telephone (602)  607-7243.  The Company

                                       -6-
<PAGE>

maintains its statutory  office at 50 West Liberty Street,  Reno,  Nevada 89501,
telephone (775) 322- 0626. The Company does not own any real estate.

(b)      Investment Policies

         The  Company's  plan of  operations  is focused on the  development  of
research- related services described in Item (1) of this part. Accordingly,  the
Company  has no  particular  policy  regarding  each of the  following  types of
investments:

         (1)  Investments in real estate or interests in real estate;
         (2)  Investments in real estate mortgages; or
         (3)  Securities of or interests in persons primarily engaged in real
              estate activities.

--------------------------------------------------------------------------------

ITEM 3.  LEGAL PROCEEDINGS

--------------------------------------------------------------------------------

         The  Company is not party to,  and none of the  Company's  property  is
subject to, any pending or threatened  legal,  governmental,  administrative  or
judicial  proceedings  that  will  have a  materially  adverse  effect  upon the
Company's financial condition or operation.

--------------------------------------------------------------------------------

ITEM 4.  SUBMISSION OF MATTER TO A VOTE OF SECURITY HOLDERS
--------------------------------------------------------------------------------

         To management's knowledge,  the company has not submitted any matter to
a vote of all of the  shareholders in over five years.  Since 1997,  shareholder
action has been taken via majority  shareholder  consent  pursuant to applicable
provisions of Nevada state law.

                                       -7-
<PAGE>

PART II

--------------------------------------------------------------------------------

ITEM 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

--------------------------------------------------------------------------------

(a)      Market Information

         There is no market for the Company's  common stock.  A market maker has
submitted  an  application  for a listing  for it shares on NASDAQ OTC  Bulletin
Board  system.  NASD  Regulation  is  reviewing  that  application  had has made
comments  on the same.  The  Company is in the  process  of supply the  proposed
market maker with  additional  information  about the Company in connection with
NASD's Regulation's comments.

(b)      Holders

         There are  approximately  406 holders of record of the Company's common
stock as of December 31, 2000.

(c)      Dividends

         There have been no cash  dividends  declared on any class of the common
stock in the last two (2) fiscal years.  The Company's  ability to pay dividends
has been limited by the  Company's  lack of revenues  and cash  available to pay
such  dividends.  Management  does not anticipate that dividends will be paid in
the future.

(d)      Issuance of Shares in the Last Three Years

         On or about May 18, 1998,  the Company  issued a total of 500 shares of
its common  stock to Mark Riddle in  exchange  for  services to the  corporation
which consisted of assisting in the formation of Micron Solutions,  Inc. and the
payment of some of the  expenses  attached  thereto.  The number of shares  were
arbitrarily  determined  and  carry a value of $0.50  on the  Company's  balance
sheet.  Such shares were issued  pursuant  to the  exemption  from  registration
contained in Section 4(2) of the Securities Act of 1933, as amended.

         On or about May 18, 1998,  the Company  issued a total of 500 shares of
its common stock to John J. Badger in exchange  for services to the  corporation
which consisted of assisting in the formation of Micron Solutions,  Inc. and the
payment of some expenses attached thereto. The number of shares were arbitrarily
determined  and  carry a value of $0.50 on the  Company's  balance  sheet.  Such
shares were issued  pursuant to the  exemption  from  registration  contained in
Section 4(2) of the Securities Act of 1933, as amended.

                                       -8-
<PAGE>

         In February of 1997,  the Company  issued  2,500,000  shares to John J.
Badger and 2,500,000 to Mark Riddle in connection  with their services  rendered
regarding the reinstatement of the Company's charter and for funds they advanced
to the Company in connection with the  corporation's  reinstatement and audit of
its financial statements.  Mr. Badger's shares were subsequently  transferred to
Capital  Recovery  Corp.  and  Equity  Redemptions,  Inc.,  entities  owned  and
controlled  by Tiffany  Zuzu,  the  Company's  treasurer  and a director  of the
Company.  All  such  shares  were  issued  in  reliance  on the  exemption  from
registration  contained  in  Section  4(2) of the  Securities  Act of  1933,  as
amended, and the certificates representing such shares bear a restrictive legend
reflecting the limitations on future transfer of those shares.

--------------------------------------------------------------------------------

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

--------------------------------------------------------------------------------

         Statements   contained   herein  that  are  not  historical  facts  are
forward-looking  statements,  as that term is defined by the Private  Securities
Litigation  Reform Act of 1995.  Although the Company  believes that expectation
reflected   in  such   forward-   looking   statements   are   reasonable,   the
forward-looking  statements  are subject to risks and  uncertainties  that could
cause results to differ from those  projected.  The Company  cautions  investors
that any  forward-looking  statements  made by the Company are not guarantees of
future  performance and that actual results may differ  materially from those in
the  forward-looking  statements.  Such risks and  uncertainties  include,  with
limitation:   well  established   competitors  who  have  substantially  greater
financial  resources and longer operating  histories,  changes in the regulatory
environment in which the Company competes, and access to sources of capital.

         The  Company  has  not  had   revenues  in  the  last  two  (2)  years.
Accordingly, management's plan of operations follows:

Plan of Operation

         In order  to begin to  generate  revenues,  the  Company  plans to sell
subscriptions to its Website to financial institutions, banks and brokers during
the   second   and   third   quarter   of  2001.   The   website,   located   at

                                       -9-
<PAGE>

www.loststockholders.com provides a portal for clients to the company's services
of obtaning  unclaimed  shares of stock for individuals  entitled to such shares
but have not  claimed  such  shares as the result of a recent  move,  divorce or
death in the family.

         Management  already has obtained  facilities and basic office equipment
in connection with its operations.  The Company's operating office is located at
8361 East Evans Road, Suite 105, Scottsdale, Arizona 85260. The Company's office
equipment is minimal,  but is  sufficient  for the Company's  initial  operating
needs.

         The  Company  also plans to  continue  its effort to contact  potential
clients  and  otherwise  advertise  and  promote the  Company's  services.  Such
advertising  and promotion shall include  maintenance of the Company's  website,
direct mailings to potential corporate clients,  and telephone contact with such
potential  clients.  In this  fashion,  management  intends  to  build a base of
clients.

         Management  does not  anticipate  revenues which will fully support the
Company's  expense  needs  for a  period  of six (6)  months  from  its  initial
operations. During that time, the Company's officers and directors intend to use
personal  funds to cover the  Company's  expenses.  In this  regard,  management
anticipates  that the  Company's  operating  expenses for the first full year of
operations will be approximately  $38,000.  Officers and directors  contributing
cash to the Company will be compensated  either through the issuance of stock or
through the execution of Promissory Notes.

--------------------------------------------------------------------------------

ITEM 7.  FINANCIAL STATEMENTS

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

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

--------------------------------------------------------------------------------

         There  have  been  no  disagreements  with  the  Company's  independent
accountants  over any item  involving the Company's  financial  statements.  The
Company's  independent  accountant is W. Dale McGhie, Town & Country Plaza, 1539
Vasser Street, Reno, Nevada 89502.

                                      -10-
<PAGE>

                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                              FINANCIAL STATEMENTS
                        AS OF DECEMBER 31, 2000 AND 1999


                                       F-1
<PAGE>


                             MICRON SOLUTIONS, INC.



                                TABLE OF CONTENTS



                                                                 Page
                                                                  No.


ACCOUNTANT'S AUDIT REPORT                                         F-3

FINANCIAL STATEMENTS

  Balance Sheets                                                  F-4

  Statements of Operations                                        F-5

  Statements of Changes in Stockholder's Equity                   F-6 - F-7

  Statements of Cash Flows                                        F-8

NOTES TO FINANCIAL STATEMENTS                                     F-9


                                       F-2
<PAGE>



DALE Mcghie                                         Town & Country Plaza
CERTIFIED PUBLIC ACCOUNTANT                   1539 Vassar St. Reno, Nevada 89502
                                                     Tel: 702-332-7744
                                                     Fax: 702-332-7747


To the Board of  Directors
Micron Solutions Inc.
Reno, NV

                            ACCOUNTANT'S AUDIT REPORT


I have audited the  accompanying  balance  sheets of Micron  Solutions,  Inc. (a
development  stage  company) for the years ended  December 31, 2000 and 1999 and
the related statements of operations,  changes in stockholders'  equity and cash
flows for the twelve months then ended, in accordance with standards established
by the American  Institute  of Certified  Public  Accountants.  All  information
included in these financial  statements is  Representation  of the management of
Micron Solutions Inc.

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
misstatements.  An audit includes examining on a test basis, evidence supporting
the amounts and  disclosures  used in the  financial  statements.  An audit also
includes assessing the accounting principals 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 Micron Solutions,  Inc. as of the
years ended  December 31, 2000 and 1999.  And the results of operations  and its
cash flows for the year ended  December 31, 2000 and 1999,  in  conformity  with
generally accepted  accounting  principals.  Based on my review, I am unaware of
any material  modifications  that should be made to the  accompanying  financial
statements to be in conformity with generally accepted auditing standards

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern,  as  discussed  in  Note 2 of the
financial  statements.  The Company is currently  dormant and has no  productive
assets.  The  financial  statements  do not include any  adjustments  that might
result in a negative outcome as a result of this uncertainty.

By: /s/ Dale McGhie
-------------------
        Dale McGhie
Reno Nevada
March 23, 2001


                                       F-3
<PAGE>

                             MICRON SOLUTIONS, INC.
                         ( A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF OPERATIONS
                 FOR THE YEARS ENDING DECEMBER 31, 2000 AND 1999

                                                                    Accumulated
                                                                    Deficit from
                                                                    Ineption of
                                                                    Development
                                             31-Dec        31-Dec    Stage to
                                              2000          1999     31-Dec-00
                                            --------      ---------  ---------

REVENUE                                     $   --        $    --    $     --

OPERATING COSTS AND
 EXPENSES

             Legal & Professional              6,902         10,003      17,955
             Organizational Costs                            12,026      12,026
             Bank Fees                            84             70         244
             Credit Card Fees                    338                        338
             Depreciation                      1,352                      1,352
             Office Supplies                      68                         68
             Postage                             300                        300
             Printing                            133                        133
             Repair and Miantenance
             Rent

             Expenses                          9,177         22,099      32,416

             Net Income (loss)              $ (9,177)     $ (22,099)    (32,416)

             (Loss) per share               $ (0.004)     $  (0.011)       NIL



     The accompany notes are an integral part of these financial statements

                                       F-4
<PAGE>

                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                  FOR THE YEAR ENDED DECEMBER 31, 2000 AND 1999

<TABLE>
<CAPTION>

                                     ASSETS
                                                                   31-Dec      31-Dec
                                                                    2000       1999
                                                                    ----       ----
 CURRENT ASSETS
<S>                                                               <C>         <C>
              Cash                                                $   270     $ 7,160
              Loan Receivable (note1)                                4,500

     TOTAL CURRENT ASSETS                                            4,770      7,160

 PROPERTY AND EQUIPMENT
              Equipment                                             13,513        980

              less accumnulated deprec.                              1,352       --

                                                                    14,865        980

              TOTAL ASSETS                                        $ 16,931    $ 8,140

                      LIABILITIES AND STOCKHOLDER'S EQUITY

 CURRENT LIABILITIES
              Accounts Payable                                    $  1,218    $  --

 STOCKHOLDER'S EQUITY
              Common Stock; $0.001 par
               value, 100,000,000 shares
              authorized; issued and outstanding
              1,982,600  shares in 2000 and 1999                     1,983      1,983

              Paid in Capital                                       46,146     29,396

              Deficit accumulated during
              the development  stage                               (32,416)   (23,239)

              Total equity                                          15,713      8,140

                                                                  $ 16,931    $ 8,140
</TABLE>



     The accompany notes are an integral part of these financial statements

                                       F-5
<PAGE>

                             MICRON SOLUTIONS, INC.
                         (A DEVELOPMENTAL STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
<TABLE>
<CAPTION>

                                                                                                Deficit
                                                                                              Accumulation
                                                 Common         Stocks          Paid in           through
                                                 Issued         Amount          Capital      Developmentl Stage
                                                 ------         ------          -------      ------------------

 Balance December 31,
<S>                                            <C>           <C>             <C>                 <C>
        1995                                    4,908,002         24,540        1,921,691                 --

 Write off Liabilities  note 1                                                                            --

 Reverse stock split of
 five shares surrendered
 for one share issued                          (3,925,402)       (23,559)          23,559                 --

Quasi - reorganization  (note 1)                                    --         (1,946,231)

 Net (Loss) for the year
 ending December 31,
        1996                                                        --               --                   --
                                               ----------    -----------     ------------        ------------
 Balance December 31
        1996                                      982,600            981             (981)                --

 Issue of shares in Micron                          1,000              1            9,175                 --
 Solutions for Cash

 Issue opf Shares in Micron
 for services, no value                         1,000,000          1,000           (1,000)                --

 Net (Loss) for the  year
   ending December 31,
        1997                                                                         --                   --
                                               ----------    -----------     ------------        -----------
 Balance December 31,
        1997                                    1,983,600          1,983            7,194                 --

 Contributed Capital                                                                4,649
 Net (loss) for the year
 ending December 31
        1998                                                        --                -                  (68)
                                               ----------    -----------     ------------        ------------
 Balance December 31,
        1998                                                       1,983           12,043                (68)
                                               ----------    -----------     ------------        ------------
</TABLE>



    The accompanying notes are an integral part of these financial statements

                                       F-6
<PAGE>

                             MICRON SOLUTIONS, INC.
                         (A DEVELOPMENTS STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999

CONTINUED
<TABLE>
<CAPTION>

                                                                                                   Deficit
                                                                                                 Accumulation
                                                 Common         Stocks          Pain on           since Dev
                                                 Issued         Amount          Capital            Stagel


<S>                                            <C>           <C>             <C>                 <C>
Contributed Capital                                  --             --             17,353               --

Net (loss) for the
Year Ended December 31
        1999                                         --             --               --               (23,171)

Balance December 31
        1999                                    1,982,600    $     1,983     $     29,396        $    (23,239)
                                               ----------    -----------     ------------        ------------
Contributed Capital                                                          $     16,750

Net (loss) for the
Year Ended December 31
        2000                                                                                     $     (9,177)
                                               ----------    -----------     ------------        ------------
Balance Deember 31, 2000                        1,982,600    $     1,983     $     46,146        $    (32,416)
                                               ==========    ===========     ============        ============
</TABLE>



   The accompanying Notes are an integral part of these financial statements

                                       F-7
<PAGE>

                             MICRON SOLUTIONS, INC.
                         ( A DEVELOPMENT STAGE COMPANY)
                             STATEMENT OF CASH FLOWS
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
<TABLE>
<CAPTION>

                                                                                                 Inception at
                                                                                                 development
                                                               31-Dec                              stage to
                                                                2000             1999             31-Dec-00
                                                             -----------     ------------        ------------

CASH FLOWS FROM OPERATING ACTIVITIES:

<S>                                                          <C>             <C>                 <C>
             Net Loss                                        $    (9,177)    $    (23,171)       $    (32,416)
             Adjustments to reconcile net loss
             to net cash used by operating
             activities:
             Depreciation                                          1,352     $      1,352                 352
             Net (Increase) Decrease in
             Accounts and Loans Receivable                        (4,500)                              (4,500)
             Organizational Costs - Note 1                                         12,026                --

             Increase (Decrease)
             in Accounts Payable                                   1,218                               1,218
                                                             -----------     ------------        ------------
             Net Cash provided (used) by
             operating Activities                                (11,108)         (11,145)            (34,346)
                                                             -----------     ------------        ------------
CASH FLOWS FROM INVESTING ACTIVITIES:

             Purchases of Equipment                              (12,532)            (980)            (13,512)
                                                             -----------     ------------        ------------
             Net Cash provided (used)
             by Investing Activitiesa                            (12,532)            (979)            (13,512)

CASH FLOWS FROM FINANCING ACTIVITIES:

             Sale of Capital Stock and
             amounts contributed to capital                       16,750           17,353              48,129
                                                             -----------     ------------        ------------
             Net cash provided by
               Financing Activities                               16,750           17,353              48,129
                                                             -----------     ------------        ------------
             Increase in Cash                                     (6,890)           5,228                 270

             Cash and Cash Equivalents,
             beginning of year                                     7,160            1,932                --
                                                             -----------     ------------        ------------
             Cash and Cash Equivalents,
               end of year                                   $       270     $      7,160        $        270
                                                             ===========     ============        ============
</TABLE>



   The accompanying notes are an integral part of these financial statements

                                       F-8
<PAGE>


                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

ORGANIZATION AND HISTORY:
Micron  Solutions  Inc.,  (Micron)  was formed on  September 5, 1997 as a Nevada
corporation in order to complete a merger with  Shillelagh  Ventures,  Chartered
(Shillelagh),  both  corporations  have been  inactive  except for  spending  on
reorganization  costs  during  1997 and  1998.  Micron  Solutions  Inc.,  is the
surviving company. Shillelagh Ventures,  Chartered was an active holding company
until 1991 at which time they ceased  operations  on August 31, 1991  Shillelagh
showed liabilities  totaling $340,031.  Management believes these liabilities no
longer  are  valid  and  the  statute  of  limitations  have  caused  them to be
uncollectable and they were written off.

On the ninth of September,  1997, the shareholders of Shillelagh  exchanged five
shares of its $.005 par value  common  stock for each one share of Micron  $.001
par value common stock. The shareholders  then voted to reorganize and through a
Quasi-reorganization  eliminated  its deficit  retained  earnings of $1,976,231.
There were no adjustments to Assets or Liabilities.

NATURE OF BUSINESS:
The Company provides specialized services directed to the investment  community,
(such as researching stock as to value and name changes) and also to the general
public through the internet..

USE OF ESTIMATES:
The  preparation  of financial  statements in conformity  with general  accepted
accounting  principals require management to make estimates and assumptions that
affect certain  reported amounts and  disclosures.  Accordingly,  actual results
could differ from these estimates.

ORGANIZATION COSTS:
The Company has adopted  Statement  of Position  (SOP) 98-5,  "Reporting  on the
Costs of Start-UP  Activities" issued in April 1998 by the Accounting  Standards
Executive  Committee of the American Institute of Certified Public  Accountants.
Pursuant to SOP 98-5,  Organizational  costs were expensed in 1999.  For Federal
Income tax reporting,  organization  costs are  capitalized and amortized over a
5-year period after commencement of operations.

EARNINGS PER SHARE:
The earnings per share  calculation are based on the weighted  average number of
shares outstanding during the period, 1,982,600 in 2000, and 1999

INCOME TAX:
Due to no earnings as of December 31,  2000,  no  provision  for Federal  income
taxes has been made.

DIVIDEND POLICY:
The Company has not paid any dividends and any dividends that may be paid in the
future  will  depend upon the  financial  requirements  of the Company and other
relevant factors.

                                       F-9
<PAGE>

                             MICRON SOLUTIONS, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                        NOTES TO THE FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999


NOTE 1 - CONTINUED

PROPERTY AND EQUIPMENT
Property  and  equipment  consists of a Computer  and  Web-site,  which shall be
depreciated  over a  period  of  five  years  using  the  straight-line  method.
beginning in January of 2000.

NOTE 2 - GOING CONCERN
As discussed in Note 1, the company has been in a dormant stage since 1991.  The
company has no  productive  asset and may have prior  unknown  liabilities.  The
company plans include infusing capital.  The financial statements do not include
any adjustments that might result from the outcome of these uncertainties. These
factors  raise  concern  about the  company's  ability  to  continue  as a going
concern.

NOTE 3 - NET OPERATING LOSS CARRY FORWARD
Because of the change in ownership and the value of Shillelagh the net operating
loss  carry  forward  prior to 1997 will be  negligible.  Net  operating  losses
occurring  after 1996 can be carried  forward to be used against future earnings
for a 15-year period.

         Loss          Amount of Unused Operating       Expiration During
         Year             Loss Carryforwards               Year Ended


         1998                 $    68                         2013
         1999                  23,171                         2014
         2000                   9,177                         2015

NOTE 4 - LOANS RECEIVABLE:
There is a loan receivable from officers for $4500 payable by June 30, 2001 with
interest @ 4%.

                                      F-10
<PAGE>

PART III

--------------------------------------------------------------------------------

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

--------------------------------------------------------------------------------

(a)      Directors and Executive Officers

         As of March 31,  2001,  the  directors  and  executive  officers of the
Company,  their  ages,  positions  in the  Company,  the dates of their  initial
election or appointment as director or executive officer,  and the expiration of
the terms as directors are as follows:

                                                            Period Served As
Name                        Age      Position               Director*
----                        ---      --------               ---------
Mark Riddle                 38      President and           Jan. 1997 to present
                                    Director

Tiffany Zuzu                31      Secretary,              Aug. 1998 to present
                                    Treasurer
                                    And Director

*The Company's  directors are elected at the annual meeting of stockholders  and
hold office until their  successors  are elected and  qualified.  The  Company's
officers  are  appointed  annually  by the Board of  Directors  and serve at the
pleasure of the Board.

(b)      Business Experience:

         Mark  Riddle,  age  38,  is the  President  and a  Director  of  Micron
Solutions,  Inc.  From  1979 to  1991,  Mr.  Riddle  was  employed  by Oil  Well
Perforators  as a Service  Engineer and  District  Manager.  In 1991,  he formed
International  Recovery  Group,  a company  specializing  in locating  owners of
unclaimed and undeliverable  property. Mr. Riddle is currently the President and
C.E.O.  of  International  Recovery  Group.  He is also a  private  investigator
licensed by the States of Arizona and Wyoming.

         Tiffany  Zuzu,  age 31, is the  Secretary,  Treasurer and a Director of
Micron  Solutions,  Inc. She was employed by Capital  Tracing Inc.  From 1987 to
1990, serving the apprenticeship required by the State of Arizona in order to be
licensed as a private  investigator.  She is the owner of Tiffany Tracing Co., a

                                      -11-
PAGE>

private  investigative  firm and President  and a director of Equity  Redemption
Co., a firm that  specializes  in locating lost and/or missing  shareholders  of
publicly  held  companies.  These firms were formed in 1991 by Ms. Zuzu and have
been a  successful  venture  for  her to  date.  She  intends  to  continue  her
relationship with these companies in the future.

(c)      Directors of Other Reporting Companies:

         None of the directors are directors of other reporting companies.

(d)      Employees:

         The officers and directors  who are  identified  above are  significant
employees of the Company.

(e)      Family Relationships:

         There are no family  relationships  between  the  directors,  executive
officers or any other  person who may be  selected  as a director  or  executive
officer of the Company.

(f)      Involvement in Certain Legal Proceedings:

         None of the officers,  directors,  promoters or control  persons of the
Company have been involved in the past five (5) years in any of the following:

         (1)      Any  bankruptcy  petition  filed by or against any business of
                  which such person was a general  partner or executive  officer
                  either at the time of the bankruptcy or within two years prior
                  to that time;

         (2)      Any conviction in a criminal proceedings or being subject to a
                  pending criminal proceeding  (excluding traffic violations and
                  other minor offenses);

         (3)      Being   subject  to  any  order,   judgment  or  decree,   not
                  subsequently  reversed,  suspended or vacated, or any Court of
                  competent jurisdiction,  permanently or temporarily enjoining,
                  barring,  suspending or otherwise  limiting his involvement in
                  any type of business, securities or banking activities; or

         (4)      Being found by a court of competent  jurisdiction  (in a civil
                  action),  the  Commission  or the  Commodity  Futures  Trading
                  Commission to have violated a federal or state securities laws
                  or  commodities  law, and the judgment has not been  reversed,
                  suspended, or vacated.

                                      -12-
<PAGE>

(g)      Section 16a Beneficial Ownership Compliance

         Together with the filing of this Form 10-KSB,  the officers,  directors
and beneficial  owners of more than 5% of the Company's  common stock are filing
their initial statements of ownership on Form 3. To management's knowledge, such
filings  are the only  filings  made on Forms 3, 4 or 5 in  connection  with the
Company's stock since the Company's charter was reinstated.

--------------------------------------------------------------------------------

ITEM 10. EXECUTIVE COMPENSATION

--------------------------------------------------------------------------------

         The Company has not  compensated its management in the last three years
due to the fact that the  Company has not been  engaged in business  since 1990.
However,  the following table sets forth information about  compensation paid or
accrued during the years ended December 31, 1999, 1998 and 1997 to the Company's
officers and directors.  None of the Company's  Executive  Officers  earned more
than $100,000 during the years ended December 31, 1999, 1998 and 1997.
<TABLE>
<CAPTION>
                  Summary Compensation Table

                                                     Long Term Compensation
                                                     ----------------------
                    Annual Compensation         Awards                        Payouts
                  ---------------------      ------------                     ---------
                                              (e)                (g)
                                            Other     f)       Securities               (i)
 (a)                                        Annual  Restricted Under-      (h)       Other
Name and                   (c)       (d)    Compen- Stock      Lying       LTIP       Compen-
Principal          (b)    Salary    Bonus   sation  Awards     Options/    Payouts    sation
Position          Year    $         ($)     ($)     ($)        SARs(#)     ($)        ($)
-----------       ----    -----     ------  ------  ------    ----         ----       ----
<S>               <C>     <C>       <C>     <C>     <C>        <C>          <C>        <C>
Mark Riddle
President         2000    $None     $ None  $ None  $ None     None         None       None
and Director      1999    $None     $ None  $ None  $ None     None         None       None
                  1998    $None     $ None  $ None  $ None     None         None       None
Tiffany Zuzu
Secretary,        2000    $None     $ None  $ None  $ None     None         None       None
Treasurer,        1999    $None     $ None  $ None  $ none     None         None       None
and Director      1998    $None     $ None  $ None  $ None     None         None       None
</TABLE>

                                      -13-
<PAGE>

--------------------------------------------------------------------------------

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

--------------------------------------------------------------------------------

(a)      5% Shareholders:

         The following  information sets forth certain information as of June 1,
1999 about each person who is known to the Company to be the beneficial owner of
more than five percent (5%) of the Company's Common Stock:

                  (2)
(1)        Name and Address                         (3)             (4)
Title      of Beneficial                  Amount and Nature of    Percent of
of Class   Owner                          Beneficial Ownership         Class
--------   -----                          --------------------         -----
Common     Mark Riddle                                 798,859           40%
           8361 Evans Road
           Suite 105
           Scottsdale, Arizona 85260

           Equity Redemption                           250,000           13%
           9405 East Double Tree
           Ranch Road, Suite 238
           Scottsdale, Arizona 85260

           Capital Recovery Corp.                      250,000           13%
           7900 East Princess Dr.
           #1284
           Scottsdale, Arizona 85225

           John Courtney                               134,738            7%
           14230 North 99th Street
           Scottsdale, Arizona 85260

(b)        Security Ownership of Management:

                                      -14-
<PAGE>

                  (2)
(1)        Name and Address                         (3)             (4)
Title      of Beneficial                  Amount and Nature of    Percent of
of Class   Owner                          Beneficial Ownership         Class
--------   -----                          --------------------         -----

Common     Mark Riddle                                 798,859           40%
           8361 Evans Road
           Suite 105
           Scottsdale, Arizona 85260

Common     Tiffany Zuzu                               591,7601           26%

           All Directors and                         1,298,859           66%
           Officers as a Group

(c)        Changes in Control:

           There is no arrangement which may result in a change in control.

--------

(1)  250,000 of these  shares  are  registered  in the name of Capital  Recovery
Corp.,  a corporation  in which Ms. Zuzu  maintains a controlling  interest.  An
additional 250,000 shares are registered in the name of Equity Redemption, Inc.,
a corporation in which Ms. Zuzu maintains a controlling interest.  The remaining
91,760 shares are registered in Ms. Zuzu's name.

--------------------------------------------------------------------------------

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

--------------------------------------------------------------------------------

         On or about  February of 1997,  the Company issued a total of 2,500,000
shares of its par value $0.005 common stock to Mark Riddle and 2,500,000  shares
to John Badger in exchange for a commitment to reinstate  the corporate  charter
and to  contribute  sufficient  capital to  reorganize  the Company and list the
Company's  stock on the NASDAQ  Bulletin Board system.  Mr. Badger's shares were
subsequently transferred to Capital Recovery Corp. and Equity Redemptions, Inc.,
entities  owned and  controlled by Tiffany Zuzu,  the Company's  treasurer and a
director of the Company.  Such shares were issued pursuant to the exemption from
registration  contained  in  Section  4(2) of the  Securities  Act of  1933,  as
amended.  Under the terms and conditions of the merger of Shillelagh into Micron
Solutions,  Inc. on September 9, 1997,  the stock was subject to a reverse split
at a ratio  of five  (5)  shares  of  Shillelagh  for one (1)  share  of  Micron
Solutions, Inc., which reduced the above mentioned 5,000,000 to 1,000,000 shares
of Micron Solutions, Inc.

                                      -15-
<PAGE>

         On or about May 18, 1998,  the Company  issued a total of 500 shares of
its common  stock to Mark Riddle in  exchange  for  services to the  corporation
which consisted of assisting in the formation of Micron Solutions,  Inc. and the
payment of some of the  expenses  attached  thereto.  The number of shares  were
arbitrarily  determined  and  carry a value of $0.50  on the  Company's  balance
sheet.  Such shares were issued  pursuant  to the  exemption  from  registration
contained in Section 4(2) of the Securities Act of 1933, as amended.

         On or about May 18, 1998,  the Company  issued a total of 500 shares of
its common stock to John J. Badger in exchange  for services to the  corporation
which consisted of assisting in the formation of Micron Solutions,  Inc. and the
payment of some expenses attached thereto. The number of shares were arbitrarily
determined  and  carry a value of $0.50 on the  Company's  balance  sheet.  Such
shares were issued  pursuant to the  exemption  from  registration  contained in
Section  4(2)  of  the  Securities  Act  of  1933,  as  amended.   These  shares
subsequently  were  transferred  to Mark Riddle,  the Company's  president and a
director of the Company.

--------------------------------------------------------------------------------

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

--------------------------------------------------------------------------------

         To  management's  knowledge,  the  company has not filed any reports on
Form 8-K during the last year or during the last five years.

Assigned
Number   Description
------   -----------
(2)      Plan  of   acquisition,   reorganization,   arrangement,   liquid,   or
         succession: None

(3)(ii)  By-laws of the Company: Included in the Company's Form 10-SB filing and
         incorporated by reference herein.

(4)      Instruments defining the rights of holders including indentures: None

(9)      Voting Trust Agreement:   None

(10)     Material Contracts:   None

                                      -16-
<PAGE>
Assigned
Number   Description
------   -----------
(11)     Statement regarding computation of per share earnings: Computations can
         be determined from financial statements.

(13)     Annual  or  quarterly  reports,   Form  10-QSB:  None  incorporated  by
         reference

(16)     Letter on change in certifying accountant:   None

(18)     Letter on change in accounting principles:   None

(21)     Subsidiaries of the registrant:   None

(22)     Published report regarding matters submitted to vote: None

(23)     Consent of reports and counsel: None

(24)     Power of Attorney:   None

(99)     Additional Exhibits:   None

--------------------------------------------------------------------------------

                                   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.

Dated:   March 31, 2001.

                                   MICRON SOLUTIONS, INC.

                                   By /s/ Mark Riddle
                                   ------------------
                                          Mark Riddle
                                          President

                                      -17-