SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB

                 Annual Report Under Section 13 or 15(d) of the

                         SECURITIES EXCHANGE ACT OF 1934

            [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                              For Fiscal Year Ended
                                December 31, 2002

                            Commission File #0-30327

                                SEGWAY IV CORP.
             (Exact name of registrant as specified in its charter)

                                   New Jersey
         (State or other jurisdiction of incorporation or organization)

                                   22-3719169
                      (IRS Employer Identification Number)

                213 South Oak Avenue, Owatonna, Minnesota  55060
               (Address of principal executive offices )(Zip Code)

                                 (507) 446-9166
                (Registrant's telephone no., including area code)

(Former name, former address and former fiscal year, if changed since last
report)

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act: Common Stock,
$0.0001 par value

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 [   ]

                                       1
<PAGE>



Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B not contained in this form, and no disclosure will be contained,
to the best of the 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. ( )

Revenues for year ended December 31, 2002: $-0-

Aggregate market value of the voting common stock held by non-affiliates of the
registrant as of April 15, 2003, was: $-0-

Number of shares of the registrant's common stock outstanding as of April 15,
2003 is: 5,250,000

We do not have a Transfer Agent.


                                       2
<PAGE>



PART I

ITEM 1.  DESCRIPTION OF BUSINESS

GENERAL

Segway IV Corp. (the "Company"), was incorporated on March 31, 2000, under the
laws of the State of New Jersey to engage in any lawful corporate undertaking,
including, but not limited to, selected mergers and acquisitions. We have been
in the developmental stage since inception and has no operations to date. On
December 18, 2002, Jaguar Communications, Inc., a Minnesota corporation acquired
all of the issued and outstanding shares of Segway IV Corp. from the Segway
shareholders in consideration for the aggregate sum of $12,500. Pursuant to
same, Richard I. Anslow resigned as our sole director and sole officer and Donny
Smith was appointed our President, Chief Executive Officer, Chief Financial
Officer, Secretary and Director.

We will attempt to locate and negotiate with a business entity for the
combination of that target company with us. The combination will normally take
the form of a merger, stock-for-stock exchange or stock-for-assets exchange. In
most instances, the target company will wish to structure the business
combination to be within the definition of a tax-free reorganization under
Section 351 or Section 368 of the Internal Revenue Code of 1986, as amended. No
assurances can be given that we will be successful in locating or negotiating
with any target company.

We have been formed to provide a method for a foreign or domestic private
company to become a reporting ("public") company whose securities are qualified
for trading in the United States secondary market.

PERCEIVED BENEFITS

There are certain perceived benefits to being a reporting company with a class
of publicly- traded securities. These are commonly thought to include the
following:

*    the ability to use registered securities to make acquisitions of assets or
     businesses;

*    increased visibility in the financial community;

*    the facilitation of borrowing from financial institutions;

*    improved trading efficiency;

*    shareholder liquidity;

*    greater ease in subsequently raising capital;

*    compensation of key employees through stock options for which there may be
     a market valuation;


                                       3
<PAGE>



*    enhanced corporate image;

*    a presence in the United States capital market.

POTENTIAL TARGET COMPANIES

A business entity, if any, which may be interested in a business combination
with us may include the following:

*    a company for which a primary purpose of becoming public is the use of its
     securities for the acquisition of assets or businesses;

*    a company which is unable to find an underwriter of its securities or is
     unable to find an underwriter of securities on terms acceptable to it;

*    a company which wishes to become public with less dilution of its common
     stock than would occur upon an underwriting;

*    a company which believes that it will be able to obtain investment capital
     on more favorable terms after it has become public;

*    a foreign company which may wish an initial entry into the United States
     securities market;

*    a special situation company, such as a company seeking a public market to
     satisfy redemption requirements under a qualified Employee Stock Option
     Plan;

*    a company seeking one or more of the other perceived benefits of becoming a
     public company.

A business combination with a target company will normally involve the transfer
to the target company of the majority of our issued and outstanding common
stock, and the substitution by the target company of its own management and
board of directors.

No assurances can be given that we will be able to enter into a business
combination, as to the terms of a business combination, or as to the nature of
the target company.



EMPLOYEES

We have no full time employees. Donny Smith, our sole officer and director has
agreed to allocate a portion of his time to the activities, without
compensation. Mr. Smith anticipates that our business plan can be


                                       4
<PAGE>



implemented by his devoting no more than 10 hours per month to our business
affairs and, consequently, conflicts of interest may arise with respect to the
limited time commitment by Mr. Smith.

ITEM 2. DESCRIPTION OF PROPERTY

We have no properties and at this time have no agreements to acquire any
properties. We currently use the offices of management at no cost to us.
Management has agreed to continue this arrangement until we complete
an acquisition or merger.

ITEM 3.  LEGAL PROCEEDINGS

There is no litigation pending or threatened by or against us.

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

None.

PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

On April 15, 2003, there is one shareholder of record of our common stock.
Our shares of common stock have never been traded on any recognized stock
exchange.

DIVIDENDS

We do not intend to retain future earnings to support our growth. Any payment
of cash dividends in the future will be dependent upon: the amount of funds
legally available therefore; our earnings; financial condition; capital
requirements; and other factors which our Board of Directors deems relevant.

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

Plan of Operation
-----------------

We are continuing our efforts to locate a merger candidate for the purpose of a
merger. It is possible that we will be successful in locating such a merger
candidate and closing such merger. However, if we cannot effect a non-cash
acquisition, we may have to raise funds from a private offering of its
securities under Rule 506 of Regulation D. There is no assurance we would obtain
any such equity funding.

Results of Operation
--------------------

We did not have any operating income from inception (March 31, 2000) through
December 31, 2002.  For the year ended December 31, 2002, the registrant
recognized a net loss of $912. Some general and administrative expenses during
the quarter were accrued. Expenses for the year were comprised of costs
mainly associated with legal, accounting and office.

Liquidity and Capital Resources
-------------------------------

At December 31, 2002 we had no capital resources and will rely upon the
issuance of common stock and additional capital contributions from shareholders
to fund administrative expenses pending acquisition of an operating company.

ITEM 7. FINANCIAL STATEMENTS

Our financial statements, together with the report of auditors, are as
follows:


                                 SEGWAY IV CORP.

                              FINANCIAL STATEMENTS

                             AS OF DECEMBER 31, 2002


<PAGE>

                                Segway IV Corp.
                     Financial Statements Table of Contents

         FINANCIAL STATEMENTS                                       Page #


                  Audit Report                                           1

                  Balance Sheet                                          2


                  Statement of Operations and Retained Deficit           3


                  Statement of Stockholders Equity                       4


                  Cash Flow Statement                                    5


                  Notes to the Financial Statements                    6-8

<PAGE>





TO THE BOARD OF DIRECTORS
SEGWAY IV CORP.
OWAIONNA, MN



We have audited the accompanying balance sheet of Segway IV Corp., as of
December 31, 2002 and 2001, and the related statement of operation, equity and
cash flows for the twelve months then ended December 31, 2002 and 2001. These
financial statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audit.

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

 In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Segway IV Corp., as of December
31, 2002 and 2001, and the results of its operations and its cash flows for the
months then ended in conformity with generally accepted accounting principles.



                                          Gately & Associates, LLC
                                          Certified Public Accountants
                                          Orlando, Florida
                                          April 5, 2003



                                      F-1

<PAGE>


<TABLE>
<CAPTION>

                                 SEGWAY IV CORP.
                                  BALANCE SHEET
                             As of December 31, 2002
                              and December 31, 2001


                                     ASSETS


CURRENT ASSETS                        December 31, 2002    December 31, 2001
                                      -----------------    -----------------
<S>                                     <C>                   <C>
        Cash                            $         (0)         $         36
                                        -------------         ------------

           TOTAL ASSETS                 $         (0)         $         36
                                        =============         ============


                 LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES

        Accrued expenses                $      1,725          $       925
                                        -------------         -----------


           TOTAL LIABILITIES                   1,725                  925
                                        -------------         -----------

STOCKHOLDERS' EQUITY

  Common Stock - par value $0.0001;
    100,000,000 shares authorized;
    5,250,000 issued and outstanding            525                   525

  Additional paid in capital                    425                   349

  Preferred Stock - Par value $0.0001;
    20,000,000 shares authorized;
    none issued and outstanding                   0                     0

  Accumulated Deficit                        (2,675)               (1,763)
                                       -------------            ----------

  Total stockholders' equity                 (1,725)                 (889)
                                       -------------            ----------


      TOTAL LIABILITIES AND EQUITY     $         (0)            $      36
                                       ==============           ==========
</TABLE>



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

                                      F-2

<PAGE>
<TABLE>
<CAPTION>

                                 SEGWAY IV CORP.
                             STATEMENT OF OPERATIONS
                For the twelve months ended December 31, 2002 and
                2001, and from inception (March 31, 2000) through
                                December 31, 2002


                                                   Twelve Months      Twelve Months     From Inception to
                                                 December 31, 2002  December 31, 2001   December 31, 2002
                                                 -----------------  -----------------   -----------------
<S>                                               <C>                <C>                <C>
REVENUE                    Sales                  $         0        $         0        $         0
                           Cost of sales                    0                  0                  0
                                                  -----------        -----------        -----------

     GROSS PROFIT                                           0                  0                  0

     GENERAL AND ADMINISTRATIVE EXPENSES                  912                926              2,675
                                                  -----------        -----------        -----------

     NET LOSS                                            (912)              (926)            (2,675)

     ACCUMULATED DEFICIT, BEGINNING BALANCE            (1,763)              (837)                (0)
                                                  -----------        -----------        -----------

     ACCUMULATED DEFICIT, ENDING BALANCE          $    (2,675)       $    (1,763)       $    (2,675)
                                                  ===========        ===========        ===========


NET EARNINGS PER SHARE

         Basic and Diluted
         Net loss per share                    (Less than .01)

Basic and Diluted Weighted Average
    Number of Common Shares Outstanding             5,250,000
</TABLE>



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

                                      F-3

<PAGE>


<TABLE>
<CAPTION>


                                 SEGWAY IV CORP.
                        STATEMENT OF STOCKHOLDERS' EQUITY
            From inception (March 31, 2000)through September 30, 2002


                               SHARES          COMMON STOCK     ACCUMULATED DEFICIT      TOTAL
                           -------------      -------------     -----------------     ------------
<S>                           <C>                 <C>               <C>                 <C>
Stock issued for cash         5,250,000           $    750                              $      750

Net loss                                                            $       (837)             (837)
                            ------------       ------------      ----------------      ------------

Total at December 31, 2000    5,250,000                750                  (837)              (87)

Contributed capital
 by shareholders                                       124                                     124

Net loss                                                                    (926)             (926)
                            -------------      -------------      ---------------      ------------

Total at December 31, 2001   5,250,000                874                 (1,763)             (889)

Contributed capital
 by shareholders                                       76                                       76

Net loss                                                                    (912)             (912)
                            -------------      -------------      ---------------      ------------

Total at September 30, 2002   5,250,000          $     950          $     (2,675)       $   (1,725)
                            =============      =============      ===============      ============
</TABLE>

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

                                      F-4

<PAGE>


<TABLE>
<CAPTION>


                                 SEGWAY IV CORP.
                             STATEMENT OF CASH FLOWS
                 For the twelve months ended December 31, 2002,
                   and from inception (March 31, 2000) through
                                December 31, 2002



CASH FLOWS FROM OPERATING ACTIVITIES               December 31, 2002 December 31, 2001  From Inception
                                                   ----------------- -----------------  --------------
<S>                                                    <C>               <C>           <C>
        Net income (loss)                              $      (912)      $   (926)     $ (2,675)

        Increases (Decrease) in accrued expenses               800            750         1,725
                                                       -------------    ----------     ----------


NET CASH PROVIDED OR (USED) IN OPERATIONS                     (112)          (176)        (950)


CASH FLOWS FROM INVESTING ACTIVITIES

        None                                                     0               0            0


CASH FLOWS FROM financing ACTIVITIES

        Proceeds from issuance of common stock                   0               0          750
        Proceeds from capital contributions                     76              74          200
                                                        ------------     ----------    ---------

                                                                76                          950

CASH RECONCILIATION

        Net increase (decrease) in cash                        (36)           (54)           (0)
        Beginning cash balance                                  36             88             0
                                                          -----------   -----------    ---------

CASH BALANCE AT END OF PERIOD                              $    (0)      $    (34)      $    (0)
                                                          ===========   ===========    =========
</TABLE>




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

                                      F-5

<PAGE>



                                 SEGWAY IV CORP.
                         NOTES TO FINANCIAL STATEMENTS

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

1. Summary of significant accounting policies:
   ------------------------------------------

Industry - Segway IV Corp. (The Company), a Company incorporated in the state of
--------
New Jersey as of March 31, 2000, plans to locate and negotiate with a business
entity for the combination of that target company with The Company. The
combination will normally take the form of a merger, stock-for-stock exchange or
stock- for-assets exchange. In most instances the target company will wish to
structure the business combination to be within the definition of a tax-free
reorganization under Section 351 or Section 368 of the Internal Revenue Code of
1986, as amended. No assurances can be given that The Company will be successful
in locating or negotiating with any target company.

The Company has been formed to provide a method for a foreign or domestic
private company to become a reporting ("public") company whose securities are
qualified for trading in the United States secondary market.

Results of Operations and Ongoing Entity - The Company is considered to be an
----------------------------------------
ongoing entity. The Company's shareholders fund any shortfalls in The Company's
cash flow on a day to day basis during the time period that The Company is in
the development stage.

Liquidity and Capital Resources - In addition to the stockholder funding capital
-------------------------------
shortfalls; The Company anticipates interested investors that intend to fund the
Company's growth once a business is located.

Cash and Cash Equivalents - The Company considers cash on hand and amounts on
-------------------------
deposit with financial institutions which have original maturities of three
months or less to be cash and cash equivalents.

Basis of Accounting - The Company's financial statements are prepared in
-------------------
accordance with generally accepted accounting principles.

                                      F-6

<PAGE>



                                 SEGWAY IV CORP.
                         NOTES TO FINANCIAL STATEMENTS

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

Income Taxes - The Company utilizes the asset and liability method to measure
------------
and record deferred income tax assets and liabilities. Deferred tax assets and
liabilities reflect the future income tax effects of temporary differences
between the financial statement carrying amounts of existing assets and
liabilities and their respective tax bases and are measured using enacted tax
rates that apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. Deferred tax assets are
reduced by a valuation allowance when in the opinion of management, it is more
likely than not that some portion or all of the deferred tax assets will not be
realized. At this time, The Company has set up an allowance for deferred taxes
as there is no company history to indicate the usage of deferred tax assets and
liabilities.

Fair Value of Financial Instruments - The Company's financial instruments may
-----------------------------------
include cash and cash equivalents, short-term investments, accounts receivable,
accounts payable and liabilities to banks and shareholders. The carrying amount
of long-term debt to banks approximates fair value based on interest rates that
are currently available to The Company for issuance of debt with similar terms
and remaining maturities. The carrying amounts of other financial instruments
approximate their fair value because of short-term maturities.

Concentrations of Credit Risk - Financial instruments which potentially expose
-----------------------------
The Company to concentrations of credit risk consist principally of operating
demand deposit accounts. The Company's policy is to place its operating demand
deposit accounts with high credit quality financial institutions. At this time
The Company has no deposits that are at risk.

2. Related Party Transactions and Going Concern:
   --------------------------------------------

The Company's financial statements have been presented on the basis that it is a
going concern in the development stage, which contemplates the realization of
assets and the satisfaction of liabilities in the normal course of business. At
this time The Company has not identified the business that it wishes to engage
in.

The Company's shareholders fund The Company's activities while The Company takes
steps to locate and negotiate with a business entity for combination; however,
there can be no assurance these activities will be successful.

3. Accounts Receivable and Customer Deposits:
   -----------------------------------------

Accounts receivable and Customer deposits do not exist at this time and
therefore have no allowances accounted for or disclosures made.

                                      F-7

<PAGE>



                                 SEGWAY IV CORP.
                         NOTES TO FINANCIAL STATEMENTS

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

4. Use of Estimates:
   ----------------

Management uses estimates and assumptions in preparing these financial
statements in accordance with generally accepted accounting principles. Those
estimates and assumptions affect the reported amounts of assets and liabilities,
the disclosure of contingent assets and liabilities, and the reported revenue
and expenses. Management has no reason to make estimates at this time.

5. Revenue and Cost Recognition:
   ----------------------------

The Company uses the accrual basis of accounting in accordance with generally
accepted accounting principles for financial statement reporting.

6. Accrued Expenses:
   ----------------

Accrued expenses consist of accrued legal, accounting and office costs during
this stage of the business.

7. Operating Lease Agreements:
   --------------------------

The Company has no agreements at this time.

8. Stockholder's Equity:
   --------------------

Common Stock includes 100,000,000 shares authorized at a par value of $0.0001,
of which 5,250,000 have been issued for the amount of $750. The shareholders
contributed an additional $200 to capital during the years 2001 and 2002. The
Company has also authorized 20,000,000 shares of preferred stock at a par value
of $0.0001, none of which have been issued.

9. Required Cash Flow Disclosure for Interest and Taxes Paid:
   ---------------------------------------------------------

The company has paid no amounts for federal income taxes and interest.

10. Earnings Per Share:
    ------------------

Basic earnings per share ("EPS") is computed by dividing earnings available to
common shareholders by the weighted-average number of common shares outstanding
for the period as required by the Financial Accounting Standards Board (FASB)
under Statement of Financial Accounting Standards (SFAS) No. 128, "Earnings per
Shares". Diluted EPS reflects the potential dilution of securities that could
share in the earnings.

                                      F-8

<PAGE>



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

Our accountant is Gately & Associates, LLC, CPAs, independent certified public
accountants. We do not presently intend to change accountants. At no time has
there been any disagreements with such accountants regarding any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure.

PART III

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

Our directors and officers, as of April 15, 2003, are set forth below. The
directors hold office for their respective term and until their successors are
duly elected and qualified. Vacancies in the existing Board are filled by a
majority vote of the remaining directors. The officers serve at the will of the
Board of Directors.




<TABLE>
<CAPTION>
<S>                                 <C>           <C>
Name                                Age           Positions and Offices Held

Donny Smith                                       President/Secretary/Director
</TABLE>




BUSINESS EXPERIENCE

Set forth below is the name of our director and officer, all positions and
offices with us held, the period during which he has served as such, and the
business experience during at least the last five years:


                                       14
<PAGE>



Donny Smith, is a co-founder and the Chairman and CEO of Jaguar Communications,
Inc. Prior to this position, Donny was the founder and CEO of Local Link, a
regional internet company, from 1995 to 1999. In the 1980's, he was the Chairman
and CEO of the Minnesota Cattle Company, a dairy cattle export operation.

Mr. Smith received a BS degree in International Business and Computer Science
from Mankato State University in 1991 and his MBA from The William E. Simon
School of Management in Rochester, NY in 1995.

Mr. Smith has 3 years of experience in the field of telecommunications. Prior to
working in this area, he worked in the internet and software development areas.
He has worked or contracted for companies that include IBM, Local-Link, Xerox,
Sunrise Software, E.F. Johnson Companies, Jostens, Ford, and many others. He has
experience in Electronics, Software Engineering, Systems Development and System
Testing as well as Executive Management.


CERTAIN LEGAL PROCEEDINGS

No director, nominee for director, or executive officer has appeared as a party
in any legal proceeding material to an evaluation of his ability or integrity
during the past five years.

COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

We have not filed a Form 5 for the year ending December 31, 2002.

ITEM 10. EXECUTIVE COMPENSATION

Our officer and director does not receive any compensation for his services
rendered to us, has not received such compensation in the past, and is not
accruing any compensation pursuant to any agreement with us. However, our
officer and director anticipates receiving benefits as a beneficial shareholder
of us and, possibly, in other ways.

No retirement, pension, profit sharing, stock option or insurance programs or
other similar programs have been adopted by us for the benefit of our
employees.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT


<TABLE>
<CAPTION>
Name                              Number of Total Shares      Consideration       % of Shareholdings
----                              ----------------------      -------------       ------------------
<S>                               <C>                         <C>                 <C>
Jaguar Communications, Inc.       5,250,000(1)                $12,500             %100
213 South Oak Avenue
Owatonna, Minnesota  55060
</TABLE>

(1) Jaguar Communications, Inc.'s 5% or greater voting and ownership
shareholders are as follows: Donny Smith - 15.47% voting, 15.11% ownership;
Andrew T. Tanabe - 15.15% voting, 14.75% ownership ; Carl F. Schick - 14.31%
voting, 14% ownership; John C. Pegg - 11.55% voting, 11.26% ownership; Jay K.
Clark - 10.25% voting, 9.76% ownership; Klee Smith - 8.65% voting, 8.13%
ownership; and New Media Ventures - 7.69% voting, 7.23% ownership. Amit Shah is
the sole shareholder of New Media Ventures.

                                       15
<PAGE>



ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

We currently use the offices of management at no cost to us. Management has
agreed to continue this arrangement until we complete an acquisition or merger.

PART IV

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

(a)   The following documents are filed as part of this report:

1.   Financial statements; see index to financial statements and schedules in
     Item 7 herein.

2.   Financial statement schedules; see index to financial statements and
     schedules in Item 7 herein.

3.  Exhibits:

The following exhibits are filed with this Form 10-KSB and are identified by the
numbers indicated; see index to exhibits immediately following financial
statements and schedules of this report.

                EXHIBIT INDEX

3.1      Articles of Incorporation (1)

3.3      By-laws  (1)

(1) Incorporated by reference to our Form 10-SB (SEC File No. 0-30327).


                                       16
<PAGE>



ITEM 14.  CONTROLS AND PROCEDURES

Evaluation of disclosure controls and procedures
------------------------------------------------

Our principal executive officer and principal financial officer evaluated our
disclosure controls and procedures (as defined in rule 13a-14(c) and 15d-14(c)
under the Securities Exchange Act of 1934, as amended) as of a date within 90
days before the filing of this annual report (the Evaluation Date). Based on
that evaluation, our principal executive officer and principal financial officer
concluded that, as of the Evaluation Date, the disclosure controls and
procedures in place were adequate to ensure that information required to be
disclosed by us, including our consolidated subsidiaries, in reports that we
file or submit under the Exchange Act, is recorded, processed, summarized and
reported on a timely basis in accordance with applicable rules and regulations.
Although our principal executive officer and principal financial officer
believes our existing disclosure controls and procedures are adequate to enable
us to comply with our disclosure obligations, we intend to formalize and
document the procedures already in place and establish a disclosure committee.

Changes in internal controls
----------------------------

We have not made any significant changes to our internal controls subsequent to
the Evaluation Date. We have not identified any significant deficiencies or
material weaknesses or other factors that could significantly affect these
controls, and therefore, no corrective action was taken.


                                   SIGNATURES

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

                              Segway IV Corp.

                              By: /s/ Donny Smith
                              --------------------------
                                      Donny Smith
                                      President, Secretary and Director

Dated: April 15, 2003

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

NAME                                TITLE                        DATE
----                                -----                        ----

/s/ Donny Smith                     President, Secretary         April 15, 2003
---------------------               and Director
    Donny Smith

                                       17

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


                                 CERTIFICATION
                         OF PRINCIPAL EXECUTIVE OFFICER
                   AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO
                             18 U.S.C. SECTION 1350,
                      AS ADOPTED PURSUANT TO SECTION 906 OF
                         THE SARBANES-OXLEY ACT OF 2002

I, Donny Smith, certify that:

1.   I have reviewed this annual report on Form 10-KSB of SEGWAY IV CORP.

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

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

4.   I am responsible for establishing and maintaining disclosure controls and
     procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
     registrant and have:

     (a)  designed such disclosure controls and procedures to ensure that
          material information relating to the a registrant is made known to me
          by others within those entities, particularly during the period in
          which this yearly report is being prepared;

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

     (c)  presented in this yearly report my conclusions about effectiveness of
          the disclosure controls and procedures based on my evaluation as of
          the Evaluation Date;

5.   I have disclosed, based on my most recent evaluation, to the registrant's
     auditors and the audit committee of registrant's board of directors (or
     persons performing the equivalent functions):

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

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



6.   I have indicated in this yearly report whether there were significant
     changes in internal controls or in other factors that could significantly
     affect internal controls subsequent to the date of my most recent
     evaluation, including any corrective actions with regard to significant
     deficiencies and material weaknesses.

Dated: April 15, 2003
                                        /s/ Donny Smith
                                        --------------------------
                                        Donny Smith
                                        Principal Executive Officer,
                                        Principal Financial Officer