SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549
                   __________________________________________
                                   FORM 10-KSB
                                   (Mark one)
[X]  Annual  report  under section 13 or 15(d) of the Securities Exchange Act of
1934
For the fiscal year ended   April 30, 2001
                          ----------------
OR
[_]  Transition  report under section 13 or 15(d) of the Securities Exchange Act
of 1934
For the transition Period from ________ to ________.


Commission  file  number:      000-32089
                         --------------------

                                 FAR GROUP INC.
                                 --------------
                 (Name of small business issuer in its charter)

         Washington                                       91-2023071
         ----------                                       ----------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

         Suite 210 - 580 Hornby Street
       Vancouver, British Columbia, Canada                 V6C 3B6
       -----------------------------------
     (Address of principal executive offices)             (Zip Code)

Issuer's telephone number:  (604) 662-7000

      Securities registered under
       Section 12(b) of the Act:                    Name of exchange on which
          (Title  of  Class)                        registered

              None                                            None
----------------------------------                  -------------------------


Securities registered under Section 12(g) of the Act:    Common Stock, $0.0001
                                                      --------------------------
                                                              par value
                                                      --------------------------
                                                          (Title  of  class)

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

Check  if there is no disclosure of delinquent filers in response to Item 405 of
Regulation  S-B  is  not  contained  in  this  form,  and  no disclosure will be
contained,  to  the  best  of  registrant's  knowledge,  in  definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or  any  amendment  to  this  Form  10-KSB. [_]

Registrant's  revenues  for  its  most  recent  fiscal  year:  $Nil
                                                               ----


<PAGE>
The  aggregate  market  value  of the voting stock held by non-affiliates of the
registrant  on  July 9, 2001, computed at which the stock was sold, was $10,000,
assuming  solely  for  purposes  of  this  calculation  that  all  directors and
executive  officers  of  the  issuer  are  "affiliates."  This  determination of
affiliate  status  is  not  necessarily  a  conclusive  determination  for other
purposes.

On  July  9,  2001, the registrant had 2,600,000 shares of Common Stock, $0.0001
par  value  per  share,  issued  and  outstanding.


TRANSITIONAL  SMALL  BUSINESS  DISCLOSURE  FORMAT:  Yes  [_]    No  [X]


                                        2
<PAGE>
                                 FAR GROUP INC.

INDEX  TO
ANNUAL  REPORT  ON  FORM  10-KSB
FOR THE TWELVE MONTH PERIOD ENDED APRIL 30, 2001

PART I                                                                      PAGE
Item 1     Description  of  Business . . . . . . . . . . . . . . . . . . . . . 4
Item 2     Description  of  Property . . . . . . . . . . . . . . . . . . . . .13
Item 3     Legal  Proceedings . . . . . . . . . . . . . . . . . . . . . . . . 13
Item 4     Submission  of  Matters  to  a Vote of Security Holders . . . . . .13

PART II
Item 5     Market for Common Equity and Related Stockholder Matters . . . . . 13
Item 6     Management's  Discussion  &  Analysis . . . . . . . . . . . . . . .14
Item 7     Financial  Statements . . . . . . . . . . . . . . . . . . . . . . F-1
Item 8     Changes  In  and  Disagreements  with  Accountants . . . . . . . . 17

PART III
Item 9     Directors, Executive Officers, Promoters and Control Persons;
Compliance  With Section 16(a) of the Exchange Act . . . . . . . . . . . . . .17
Item 10  Executive  Compensation . . . . . . . . . . . . . . . . . . . . . . .17
Item 11  Security Ownership of Certain Beneficial Owners and Management . . . 18
Item 12  Certain  Relationships  and  Related  Transactions . . . . . . . . . 19
Item 13  Exhibits  and  Reports  on  Form  8-K . . . . . . . . . . . . . . . .19

SIGNATURES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19



                                        3
<PAGE>
                                     PART I

ITEM  1.  DESCRIPTION  OF  BUSINESS
-----------------------------------

Certain  statements  contained  in  this  Report, including, without limitation,
statements containing the words, "believes," "anticipates," "expects," and other
words  of  similar  import,  constitute  "forward-looking statements" within the
meaning  of  Section  27A of the Securities Act of 1933, as amended, and Section
21E  of  the  Securities Exchange Act of 1934, as amended.  Such forward-looking
statements  involve  known  and  unknown  risks, uncertainties and other factors
which  may  cause  the  actual results, performance or achievements of FAR Group
Inc.  to  be  materially  different  from  any  future  results, performance, or
achievements  expressed  or  implied  by  such forward-looking statements. Given
these  uncertainties,  readers are cautioned not to place undue reliance on such
forward-looking  statements.  FAR  Group Inc. disclaims any obligation to update
any  such  factors  or  to  announce publicly the results of any revision of the
forward-looking  statements  contained  or  incorporated  by reference herein to
reflect  future  events  or  developments.

THE  COMPANY

     GENERAL

FAR  Group  was  incorporated under the laws of the State of Washington on March
24,  2000,  and  is in its early developmental and promotional stages.  To date,
FAR  Group's only activities have been organizational, directed at acquiring its
principal  asset,  raising its initial capital and developing its business plan.
FAR  Group  has not commenced commercial operations.  FAR Group has no full time
employees  and  owns  no  real  estate.

     ACQUISITION  OF  THE  LICENSE

On  April  13,  2000, FAR Group's majority shareholder, Frank Roberts, in return
for  a  promissory  note  for $35,000, transferred to FAR Group his rights under
that  certain License Agreement with Vitamineralherb.com.  The License Agreement
grants  an  exclusive right to distribute Vitamineralherb.com products to health
and  fitness  professionals in Minnesota via the Internet.  Mr. Roberts acquired
the  license  from Vitamineralherb.com for a promissory note for $35,000 payable
from  FAR  Group  to  Vitamineralherb.com  upon the successful completion of FAR
Group's  initial  public  offering.

     THE  LICENSE

FAR  Group  has  a  three  year  license  to market and sell vitamins, minerals,
nutritional  supplements,  and  other  health  and  fitness  products to medical
professionals,  alternative  health  professionals,  martial  arts  studios  and
instructors,  sports  and  fitness  trainers,  other  health  and  fitness
professionals, school and other fund raising programs and other similar types of
customers  via  the  Internet for sale to their clients.  The license grants FAR
Group  an exclusive license for the territory of Minnesota.  The license will be
automatically  renewed  unless  FAR Group or Vitamineralherb.com gives the other
notice  of  its  intent  not  to  renew.

Vitamineralherb.com  has  agreed  to  provide  certain  business  administrative
services  to  FAR Group, including product development, store inventory, website
creation and maintenance, establishment of banking liaisons, and development and


                                        4
<PAGE>
maintenance  of an order fulfillment system, thereby enabling FAR Group to focus
strictly  on  marketing  and  sales.  Some  services, such as development of the
website  and  the  order  fulfillment  system,  will  be  provided  by
Vitamineralherb.com,  while  others,  such  as  product  development  and  store
inventory,  will  be  provided by the product supplier. Vitamineralherb.com sets
the  price  for products based on the manufacturer's price, plus a mark up which
Vitamineralherb.com  and  FAR  Group  share  equally.

FAR  Group  (and  its customers) will have access to all products offered on the
Vitamineralherb  website,  as well as the ability to order custom-formulated and
custom-labeled  products.  Vitamineralherb.com sets the price for products based
on  the  manufacturer's  price,  plus  a  mark  up  which  FAR  Group  and
Vitamineralherb.com  share  equally.  Three  different  labeling  options  are
available  to customers:  First, products may be ordered with the manufacturer's
standard  label  with  no  customization.  Second,  the  fitness  or  health
professional  may  customize  the  labels by adding its name, address, and phone
number  to  the  standard  label.  In  most  cases,  these  labels  would  be  a
standardized  label  with  product  information and a place on the label for the
wording  "Distributed  by."  This gives these health and fitness professionals a
competitive  edge.  Third, labels may be completely customized for the health or
fitness  professional.

When  a fitness or health professional becomes a client, FAR Group's salesperson
will  show  the client how to access the Vitamineralherb website.  The client is
assigned  an identification number that identifies it by territory, salesperson,
and  business  name,  address,  and  other pertinent information.  The health or
fitness professional may then order the products it desires directly through the
Vitamineralherb.com  website,  paying  for  the  purchase  with  a  credit card,
electronic  check  ("e-check"),  or debit card.  All products are shipped by the
manufacturer  directly  to  the  professional  or  its  clients.

The  website  is  maintained  by  Vitamineralherb.com, and each licensee pays an
annual  website maintenance fee of $500.  All financial transactions are handled
by  Vitamineralherb.com's Internet clearing bank.  The Vitamineralherb webmaster
downloads  e-mail  orders  several  times  a  day, checks with clearing bank for
payment  and  then  submits  the  product  order  and  electronic payment to the
supplier.  Vitamineralherb.com  will  then  forward  the money due FAR Group via
electronic  funds  transfer.  Vitamineralherb's  software  will  track all sales
through  the  customer's  identification number, and at month end, e-mail to FAR
Group  and  customer  a  detailed  report  including  sales  commissions.
Vitamineralherb  has  indicated  that it will use e-commerce advertising such as
banner  ads  on major servers and websites, as well as trying to insure that all
major search engines pick Vitamineralherb.com first.  Sales originating from the
website  to customers located in Minnesota will automatically be assigned to FAR
Group,  whether  or  not  originated  by  FAR  Group's  marketing  efforts.


     BACKGROUND  ON  THE  MANUFACTURER  AND  DISTRIBUTOR

Vitamineralherb.com  entered into a Manufacturing Agreement, dated June 9, 2000,
with  Ives  Formulation  Co.,  of  San  Diego, California. Ives Formulation is a
wholly-owned subsidiary of Ives Health Company, Inc., a public company traded on
the Bulletin Board under the symbol "IVEH". Ives Formulation has been a contract
manufacturer of vitamin, mineral, nutritional supplement, and alternative health
products  for various marketing organizations. In addition to a line of standard
products,  Ives  Formulation  is able to manufacture custom blended products for


                                        5
<PAGE>
customers, and to supply privately labeled products for FAR Group's customers at
a  minimal added cost. Vitamineralherb.com has just begun developing its vitamin
marketing  and  distributorship  business.

     IMPLEMENTATION  OF  BUSINESS  PLAN:  MILESTONES

FAR  Group's  business  plan  is  to  determine  the  feasibility  of  selling
Vitamineralherb.com  products  to  targeted markets.  Should FAR Group determine
that  its business plan is feasible, it intends to employ salespeople to call on
medical  professionals,  alternative  health professionals, martial arts studios
and  instructors,  sports  and  fitness  trainers,  other  health  and  fitness
professionals, school and other fund raising programs and other similar types of
customers  to  interest  these  professionals  in  selling  to  their  clients
high-quality,  low-cost  vitamins,  minerals, nutritional supplements, and other
health  and  fitness  products.  These  professionals would sell the products to
their  clients  via  the Internet.  FAR Group will achieve implementation of its
business  plan  by  meeting  the  following  milestones:

-    MILESTONE  1  - MARKET SURVEY. In order to determine the feasibility of its
     business  plan,  FAR Group must conduct research into the various potential
     target  markets.  The  market  analysis  research  will likely consist of a
     telephone survey to 100-200 potential clients, focusing on three or four of
     the  core  target  markets,  such  as  chiropractors,  health  clubs,  and
     alternative  medicine  practitioners.  The  survey  would  likely  contain
     questions which would determine the marketing approach and acceptability of
     specific  products.

-    MILESTONE  2:  -  HIRE  SALESPEOPLE.  Should  FAR  Group determine that the
     exploitation  of  the  license  is  feasible,  it  will then have to engage
     salespeople  to market the products. FAR Group expects that it may hire two
     salespeople  during  its  first year of operation. The hiring process would
     include  running  advertisements  in  the  local  newspaper  and conducting
     interviews.  It is anticipated that hiring the salespeople may take four to
     eight  weeks.  The  cost  of  hiring  the  salespeople,  not  including
     compensation,  is  estimated  at  $20,000.

-    MILESTONE 3: ESTABLISH AN OFFICE. FAR Group would then have to establish an
     office or offices for the sales force in the appropriate market or markets.
     This  would  include an office, equipment such as computers and telephones,
     and  sample  inventory  for  the salespeople. It is anticipated that it may
     take eight to twelve weeks to locate acceptable office space and select and
     purchase  equipment.  The expense of office rental, equipment and inventory
     samples  is  estimated  to  be  $45,000  per  year.

-    MILESTONE 4: DEVELOPMENT OF ADVERTISING CAMPAIGN. The next step would be to
     develop an advertising campaign, including establishing a list of prospects
     based  on  potential clients identified in the market survey, and designing
     and  printing  sales  materials.  It  is  anticipated  that  it  would take
     approximately  six  to  ten  weeks  to  develop  the  advertising campaign,
     although,  depending  on  the  availability  of  resources,  FAR Group will
     attempt  to develop its advertising campaign concurrently with establishing
     an  office.  The  cost  of  developing  the  campaign  is  estimated  at
     approximately  $12,000  per  year.

-    MILESTONE  5:  IMPLEMENTATION  OF  ADVERTISING  CAMPAIGN/SALES  CALLS.
     Implementation  of  the  advertising  campaign would begin with mailing the
     sales  materials  to the identified list of prospects. Approximately two to
     four weeks thereafter, the salespeople would begin telephone follow ups and
     scheduling  of  sales  calls.  Although  it will be necessary to make sales


                                        6
<PAGE>
     calls  throughout  the  life of the company, it is estimated that the first
     round  of  sales  calls  will  take  approximately eight to twelve weeks to
     complete.  The cost of salary and expenses for two salespeople is estimated
     at  $248,000  per  year.

-    MILESTONE 6: ACHIEVE REVENUES. It is difficult to quantify how long it will
     take to convert a sales call into actual sales and revenues. FAR Group will
     not  begin  receiving  orders  until  its  sales  force is able to convince
     potential clients to begin offering such products to their customers, or to
     convert from an existing supplier. FAR Group hopes that clients would begin
     placing  orders within  four weeks of a sales call, but it may take several
     months  before  people  begin to purchase products. Moreover, customers may
     not  be  willing to pay for products at the time they order, and may insist
     on buying on account, which delay receipt of revenues another month or two.

FAR  Group  will  have  to  obtain  additional  financing through an offering or
through  capital  contributions  by  current  shareholders.  No  commitments  to
provide  additional  funds  have  been  made  by  management  or  shareholders.
Accordingly,  there  can  be  no  assurance  that  any  additional funds will be
available  on  terms  acceptable  to  FAR  Group  or  at  all.

     INDUSTRY  BACKGROUND

     GROWTH  OF  THE  INTERNET  AND  ELECTRONIC  COMMERCE

The  Internet  has  become an increasingly significant medium for communication,
information  and  commerce.  According  to  NUA Internet Surveys, as of February
2000,  there  were approximately 275.5 million Internet users worldwide.  At the
IDC  Internet  Executive Forum held on September 28-29, 1999, IDC stated that in
1999  US $109 billion in purchases involved the Internet.  IDC's vice president,
Sean  Kaldor,  indicated  that figure is expected to increase more than ten-fold
over  the  next  five  years  to  US  $1.3  trillion  in 2003, with $842 million
completed  directly  over the Web.  FAR Group believes that this dramatic growth
presents  significant  opportunities  for  online  retailers.

     THE  VITAMIN,  SUPPLEMENT,  MINERAL  AND ALTERNATIVE HEALTH PRODUCT MARKET.

In  recent  years,  a  growing  awareness  of vitamins, herbs, and other dietary
supplements  by  the general public has created a whole new segment in the field
of  medicine  and  health  care  products.  According to Jupiter Communications,
online  sales  of  such  products are expected to be US $434 million in the year
2003,  up  from $1 million in 1998.  FAR Group believes that several factors are
driving  this growth, including a rapidly growing segment of the population that
is  concerned  with aging and disease, a growing interest in preventative health
care,  favorable  consumer  attitudes  toward  alternative health products and a
favorable regulatory statute, the Dietary Supplement Health and Education Act of
1994.

     COMPETITION

The  electronic  commerce  industry  is  new,  rapidly  evolving  and  intensely
competitive,  and  FAR  Group  expects  competition  to intensify in the future.
Barriers  to  entry are minimal and current and new competitors can launch sites
at  a  relatively  low  cost.  In addition, the vitamin, supplement, mineral and
alternative  health  product  market  is very competitive and highly fragmented,
with  no  clear  dominant leader and increasing public and commercial attention.


                                        7
<PAGE>
     FAR  Group's  competitors  can  be  divided  into several groups including:

     -    traditional  vitamins,  supplements,  minerals  and alternative health
          products  retailers;
     -    the  online  retail  initiatives  of  several  traditional  vitamins,
          supplements,  minerals  and  alternative  health  products  retailers;
     -    online  retailers  of pharmaceutical and other health-related products
          that also carry vitamins, supplements, minerals and alternative health
          products;
     -    independent  online  retailers  specializing in vitamins, supplements,
          minerals  and  alternative  health  products;
     -    mail-order  and  catalog  retailers of vitamins, supplements, minerals
          and  alternative health products, some of which have already developed
          online  retail  outlets;  and
     -    direct sales organizations, retail drugstore chains, health food store
          merchants,  mass  market  retail  chains  and various manufacturers of
          alternative  health  products.

Many  of  FAR  Group's  potential  competitors  have longer operating histories,
larger  customer  or  user  bases,  greater  brand recognition and significantly
greater  financial,  marketing  and  other  resources  than  FAR  Group has.  In
addition,  an  online  retailer may be acquired by, receive investments from, or
enter  into  other  commercial  relationships with, larger, well-established and
well-financed  companies  as  use  of the Internet and other electronic services
increases.  Competitors  have  and  may  continue to adopt aggressive pricing or
inventory  availability  policies  and  devote  substantially  more resources to
website  and systems development than FAR Group does.  Increased competition may
result  in  reduced  operating  margins  and  loss  of  market  share.

FAR  Group  believes  that  the principal competitive factors in its market are:

   -    ability  to  attract  and  retain  customers;
   -    breadth  of  product  selection;
   -    product  pricing;
   -    ability  to  customize  products  and  labeling;
   -    quality  and  responsiveness  of  customer  service.

FAR Group believes that it can compete favorably on these factors.  However, FAR
Group will have no control over how successful its competitors are in addressing
these  factors.  In  addition,  with  little  difficulty,  FAR  Group's  online
competitors  can  duplicate  many  of  the  products  or services offered on the
Vitamineralherb.com  site.

FAR Group believes that traditional retailers of vitamins, supplements, minerals
and  other  alternative  health  products face several challenges in succeeding:

     -    Lack  of  convenience  and personalized service. Traditional retailers
          have limited store hours and locations. Traditional retailers are also
          unable  to  provide  consumers  with  product advice tailored to their
          particular  situation.
     -    Limited  product  assortment.  The  capital  and real estate intensive
          nature  of  store-based retailers limit the product selection that can
          be  economically  offered  in  each  store  location.
     -    Lack  of  Customer  Loyalty. Although the larger traditional retailers
          often  attract  customers,  many  of these customers are only one-time
          users.  People  are  often attractive to the name brands, but find the
          products  too  expensive.  It  is  understood  that  these are quality
          products  and  have  value,  but the multilevel structure of marketing
          often  employed  by  large  retailers  mandate  high  prices.


                                        8
<PAGE>
As  a  result  of  the  foregoing  limitations,  FAR  Group  believes  there  is
significant  unmet  demand  for an alternative shopping channel that can provide
consumers  of  vitamins,  supplements,  minerals  and  other  alternative health
products  with  a  broad array of products and a convenient and private shopping
experience.

FAR  Group  hopes  to  attract  and  retain  consumers through the following key
attributes  of  its  business:

     -    Broad  Expandable Product Assortment. FAR Group's product selection is
          substantially  larger  than  that  offered  by  store-based retailers.
     -    Low  Product  Prices.  Product  prices  can  be kept low due to volume
          purchases through FAR Group's affiliation with Vitamineralherb.com and
          other  licensees. Product prices will also be lower due to FAR Group's
          lack  of  need  of  inventory  and  warehouse  space. All products are
          shipped  from International Formulation and Manufacturing's inventory.
     -    Accessibility  to  Customized  Products.  At  minimal cost, health and
          fitness  practitioners  may offer their customers customized products.
     -    Access  to  Personalized  Programs. Health or fitness professional can
          tailor  vitamin  and  dietary  supplement  regimes  to  their clients.

     REGULATORY  ENVIRONMENT

The  manufacturing, processing, formulating, packaging, labeling and advertising
of the products FAR Group sells may be subject to regulation by one or more U.S.
federal  agencies, including the Food and Drug Administration, the Federal Trade
Commission,  the  United  States Department of Agriculture and the Environmental
Protection  Agency.  These  activities also may be regulated by various agencies
of  the  states,  localities  and  foreign  countries in which consumers reside.

The  Food  and  Drug  Administration,  in particular, regulates the formulation,
manufacture,  labeling and distribution of foods, including dietary supplements,
cosmetics  and  over-the- counter or homeopathic drugs.  Under the Federal Food,
Drug,  and  Cosmetic  Act,  the  Food  and  Drug  Administration  may  undertake
enforcement  actions  against  companies  marketing  unapproved  drugs,  or
"adulterated"  or "misbranded" products.  The remedies available to the Food and
Drug  Administration  include:  criminal  prosecution; an injunction to stop the
sale  of  a  company's  products;  seizure  of  products; adverse publicity; and
"voluntary"  recalls  and  labeling  changes.

Food  and  Drug  Administration  regulations  require that certain informational
labeling  be  presented  in  a  prescribed  manner  on all foods, drugs, dietary
supplements  and  cosmetics.  Specifically,  the  Food,  Drug,  and Cosmetic Act
requires  that  food, including dietary supplements, drugs and cosmetics, not be
"misbranded."  A product may be deemed an unapproved drug and "misbranded" if it
bears  improper  claims  or improper labeling.  The Food and Drug Administration
has  indicated  that  promotional statements made about dietary supplements on a
company's  website may constitute "labeling" for purposes of compliance with the
provisions  of  the Food, Drug, and Cosmetic Act.  A manufacturer or distributor
of  dietary  supplements  must  notify  the Food and Drug Administration when it
markets  a  product  with  labeling claims that the product has an effect on the
structure  or  function  of  the  body.  Noncompliance  with the Food, Drug, and
Cosmetic Act, and recently enacted amendments to that Act discussed below, could
result  in  enforcement  action  by  the  Food  and  Drug  Administration.


                                        9
<PAGE>
The  Food, Drug, and Cosmetic Act has been amended several times with respect to
dietary  supplements,  most recently by the Nutrition Labeling and Education Act
of  1990  and  the  Dietary  Supplement  Health  and Education Act of 1994.  The
Dietary  Supplement  Health  and Education Act created a new statutory framework
governing  the definition, regulation and labeling of dietary supplements.  With
respect to definition, the Dietary Supplement Health and Education Act created a
new class of dietary supplements, consisting of vitamins, minerals, herbs, amino
acids and other dietary substances for human use to supplement the diet, as well
as  concentrates,  metabolites,  extracts  or  combinations  of  such  dietary
ingredients.  Generally,  under the Dietary Supplement Health and Education Act,
dietary  ingredients that were on the market before October 15, 1994 may be sold
without Food and Drug Administration pre-approval and without notifying the Food
and  Drug  Administration.  In contrast, a new dietary ingredient, i.e., one not
on  the  market before October 15, 1994, requires proof that it has been used as
an  article of food without being chemically altered or evidence of a history of
use  or  other evidence of safety establishing that it is reasonably expected to
be  safe.  Retailers,  in  addition  to  dietary  supplement  manufacturers, are
responsible  for  ensuring  that  the  products they market for sale comply with
these regulations.  Noncompliance could result in enforcement action by the Food
and  Drug  Administration, an injunction prohibiting the sale of products deemed
to  be  noncompliant,  the  seizure  of  such products and criminal prosecution.

The Food and Drug Administration has indicated that claims or statements made on
a company's website about dietary supplements may constitute "labeling" and thus
be  subject  to regulation by the Food and Drug Administration.  With respect to
labeling,  the  Dietary  Supplement Health and Education Act amends, for dietary
supplements,  the  Nutrition  Labeling  and  Education  Act  by  providing  that
"statements  of  nutritional  support,"  also referred to as "structure/function
claims,"  may  be  used  in  dietary  supplement  labeling without Food and Drug
Administration  pre-approval,  provided  certain  requirements  are  met.  These
statements  may describe how particular dietary ingredients affect the structure
or  function  of  the  body,  or  the  mechanism  of  action  by which a dietary
ingredient  may  affect  body  structure  or  function, but may not state a drug
claim,  i.e.,  a claim that a dietary supplement will diagnose, mitigate, treat,
cure  or  prevent  a  disease.  A  company  making  a  "statement of nutritional
support" must possess substantiating evidence for the statement, disclose on the
label  that  the Food and Drug Administration has not reviewed the statement and
that  the  product is not intended for use for a disease and notify the Food and
Drug  Administration  of the statement within 30 days after its initial use.  It
is  possible  that  the  statements  presented  in  connection  with  product
descriptions  on  FAR  Group's  site  may  be  determined  by  the Food and Drug
Administration  to  be  drug  claims  rather  than  acceptable  statements  of
nutritional support.  In addition, some of FAR Group's suppliers may incorporate
objectionable  statements  directly in their product names or on their products'
labels,  or otherwise fail to comply with applicable manufacturing, labeling and
registration  requirements  for over-the-counter or homeopathic drugs or dietary
supplements.  As  a result, Vitamineralherb.com may have to remove objectionable
statements  or  products  from  its  site or modify these statements, or product
names  or  labels,  in  order  to  comply  with  Food  and  Drug  Administration
regulations.  Such  changes  could  interfere  with  FAR  Group's  marketing  of
products  and  could  cause  us  to  incur  significant  additional  expenses.

In  addition,  the  Dietary  Supplement  Health  and  Education  Act  allows the
dissemination of "third party literature" in connection with the sale of dietary
supplements  to  consumers  at  retail  if  the  publication  meets  statutory
requirements.  Under  the  Dietary  Supplement  Health and Education Act, "third


                                       10
<PAGE>
party  literature" may be distributed if, among other things, it is not false or
misleading,  no  particular  manufacturer  or  brand  of  dietary  supplement is
promoted,  a  balanced  view  of available scientific information on the subject
matter is presented and there is physical separation from dietary supplements in
stores.  The  extent  to which this provision may be used by online retailers is
not  yet  clear, and FAR Group cannot assure you that all pieces of "third party
literature"  that  may be disseminated in connection with the products FAR Group
offers  for  sale  will  be  determined  to  be  lawful  by  the  Food  and Drug
Administration.  Any  such  failure  could  render  the  involved  product  an
unapproved  drug  or  a  "misbranded"  product,  potentially  subjecting  us  to
enforcement  action  by  the Food and Drug Administration, and could require the
removal of the noncompliant literature from Vitamineralherb.com's website or the
modification  of  FAR  Group's  selling  methods,  interfering  with  FAR  Group
continued  marketing  of  that  product  and  causing  us  to  incur significant
additional  expenses.  Given  the  fact  that  the Dietary Supplement Health and
Education  Act  was  enacted  only  five  years  ago,  the  Food  and  Drug
Administration's  regulatory policy and enforcement positions on certain aspects
of  the  new  law  are  still evolving.  Moreover, ongoing and future litigation
between  dietary  supplement companies and the Food and Drug Administration will
likely further refine the legal interpretations of the Dietary Supplement Health
and  Education  Act.  As  a  result,  the  regulatory status of certain types of
dietary  supplement  products,  as  well as the nature and extent of permissible
claims  will remain unclear for the foreseeable future.  Two areas in particular
that  pose  potential  regulatory  risk  are  the limits on claims implying some
benefit  or relationship with a disease or related condition and the application
of  the  physical separation requirement for "third party literature" as applied
to  Internet  sales.

In  addition to the regulatory scheme under the Food, Drug and Cosmetic Act, the
advertising  and promotion of dietary supplements, foods, over-the-counter drugs
and  cosmetics  is  subject  to  scrutiny  by the Federal Trade Commission.  The
Federal  Trade  Commission  Act  prohibits  "unfair or deceptive" advertising or
marketing  practices, and the Federal Trade Commission has pursued numerous food
and  dietary supplement manufacturers and retailers for deceptive advertising or
failure to substantiate promotional claims, including, in many instances, claims
made  via  the  Internet.  The  Federal  Trade  Commission has the power to seek
administrative  or  judicial  relief  prohibiting  a  wide variety of claims, to
enjoin future advertising, to seek redress or restitution payments and to seek a
consent  order and seek monetary penalties for the violation of a consent order.
In  general, existing laws and regulations apply fully to transactions and other
activity  on  the  Internet.  The  Federal Trade Commission is in the process of
reviewing its policies regarding the applicability of its rules and its consumer
protection guides to the Internet and other electronic media.  The Federal Trade
Commission  has  already undertaken a new monitoring and enforcement initiative,
"Operation  Cure-All,"  targeting allegedly bogus health claims for products and
treatments  offered  for  sale  on  the  Internet.  Many states impose their own
labeling  or  safety  requirements  that  differ from or add to existing federal
requirements.

FAR  Group  cannot  predict  the  nature  of  any future U.S. laws, regulations,
interpretations  or  applications,  nor  can it determine what effect additional
governmental  regulations  or  administrative  orders,  when and if promulgated,
would  have  on  its business in the future.  Although the regulation of dietary
supplements is less restrictive than that of drugs and food additives, FAR Group
cannot  assure  you that the current statutory scheme and regulations applicable
to  dietary supplements will remain less restrictive.  Further, FAR Group cannot
assure  you  that,  under  existing  laws  and regulations, or if more stringent
statutes  are  enacted,  regulations are promulgated or enforcement policies are
adopted,  it  is  or  will be in compliance with these existing or new statutes,
regulations  or  enforcement  policies  without  incurring  material expenses or
adjusting  its  business strategy.  Any laws, regulations, enforcement policies,


                                       11
<PAGE>
interpretations or applications applicable to FAR Group's business could require
the  reformulation  of  certain  products  to  meet new standards, the recall or
discontinuance  of  certain  products  not  capable of reformulation, additional
record  keeping,  expanded  documentation of the properties of certain products,
expanded  or  different  labeling  or  scientific  substantiation.

     REGULATION  OF  THE  INTERNET

In  general,  existing  laws  and  regulations  apply  to transactions and other
activity  on  the Internet; however, the precise applicability of these laws and
regulations  to  the Internet is sometimes uncertain.  The vast majority of such
laws  were  adopted prior to the advent of the Internet and, as a result, do not
contemplate or address the unique issues of the Internet or electronic commerce.
Nevertheless,  numerous  federal  and  state  government  agencies  have already
demonstrated significant activity in promoting consumer protection and enforcing
other  regulatory and disclosure statutes on the Internet.  Additionally, due to
the  increasing  use of the Internet as a medium for commerce and communication,
it  is possible that new laws and regulations may be enacted with respect to the
Internet  and  electronic commerce covering issues such as user privacy, freedom
of  expression,  advertising,  pricing,  content  and  quality  of  products and
services,  taxation, intellectual property rights and information security.  The
adoption  of such laws or regulations and the applicability of existing laws and
regulations  to the Internet may impair the growth of Internet use and result in
a  decline  in  FAR  Group's  sales.

A number of legislative proposals have been made at the federal, state and local
level,  and  by  foreign  governments, that would impose additional taxes on the
sale  of  goods  and  services  over the Internet, and certain states have taken
measures  to tax Internet-related activities.  Although Congress recently placed
a  three-year  moratorium  on new state and local taxes on Internet access or on
discriminatory  taxes  on electronic commerce, existing state or local laws were
expressly  excepted  from  this  moratorium.  Further,  once  this moratorium is
lifted,  some  type  of  federal and/or state taxes may be imposed upon Internet
commerce.  Such  legislation  or  other attempts at regulating commerce over the
Internet may substantially impair the growth of commerce on the Internet and, as
a  result,  adversely affect FAR Group's opportunity to derive financial benefit
from  such  activities.

     EMPLOYEES

FAR  Group  is  a development stage company and currently has no employees.  FAR
Group is currently managed by Frank Roberts, its sole officer and director.  FAR
Group  looks  to  Mr.  Roberts  for  his  entrepreneurial  skills  and  talents.
Management  plans to use consultants, attorneys and accountants as necessary and
does  not  plan to engage any full-time employees in the near future.  FAR Group
may  hire  marketing employees based on the projected size of the market and the
compensation  necessary  to  retain qualified sales employees.  A portion of any
employee  compensation  likely  would  include the right to acquire stock in FAR
Group,  which  would dilute the ownership interest of holders of existing shares
of  its  common  stock.

     AVAILABLE  INFORMATION  AND  REPORTS  TO  SECURITIES  HOLDERS

FAR  Group  is subject to the information and periodic reporting requirements of
the  Securities Exchange Act and, accordingly, will file periodic reports, proxy
statements  and  other  information with the Securities and Exchange Commission.
Such  periodic reports, proxy statements and other information will be available
for  inspection  and  copying at the Commission's public reference room, and the


                                       12
<PAGE>
website  of Commission's Public Reference Room located at 450 Fifth Street N.W.,
Washington D.C. 20549.  Please call the Commission at 1-800-SEC-0330 for further
information  about  the  public  reference  rooms.  FAR Group's filings with the
Commission  are  also  available  to the public from the Commission's website at
http://www.sec.gov.


ITEM  2.  DESCRIPTION  OF  PROPERTY
-----------------------------------

FAR  Group  currently maintains limited office space, occupied by Frank Roberts,
for  which  it  pays  no  rent.  Its  address  is Suite 210 - 580 Hornby Street,
Vancouver,  British  Columbia,  Canada,  and its phone number is (604) 662-7000.
FAR  Group  does not believe that it will need to obtain additional office space
at  any  time  in  the  foreseeable future until its business plan is more fully
implemented.

ITEM  3.  LEGAL  PROCEEDINGS
----------------------------

None.

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

No  matters  were  submitted  to the shareholders during the twelve month period
ended  April  30,  2001.



                                     PART II

ITEM  5.  MARKET  FOR  COMMON  EQUITY  AND  RELATED  STOCKHOLDER  MATTERS
-------------------------------------------------------------------------

No  established  public  trading  market exists for FAR Group's securities.  FAR
Group  has no common equity subject to outstanding purchase options or warrants.
FAR  Group  has  no  securities convertible into its common equity.  There is no
common  equity  that could be sold pursuant to Rule 144 under the Securities Act
or  that  FAR  Group has agreed to register under the Securities Act for sale by
shareholders.  There  is  no  common  equity that is being, or has been publicly
proposed  to  be,  publicly  offered  by  FAR  Group.

FAR  Group  is  currently applying to have its shares traded on the OTC Bulletin
Board  under  the  symbol  "FGRI."

As  of  July  9,  2001, there were 2,600,000 shares of common stock outstanding,
held  by  47  shareholders  of  record.

To  date  FAR  Group has not paid any dividends on its common stock and does not
expect  to  declare  or pay any dividends on its common stock in the foreseeable
future.  Payment  of any dividends will depend upon FAR Group's future earnings,
if  any,  its  financial  condition, and other factors as deemed relevant by the
Board  of  Directors.

RECENT  SALES  OF  UNREGISTERED  SECURITIES


                                       13
<PAGE>
On  April  13,  2000, FAR Group issued 1,600,000 shares of common stock to Frank
Roberts in satisfaction of legal expenses. The issuance of the shares was exempt
from registration under Rule 506 of Regulation D, Regulation S and sections 3(b)
and  4(2) of the Securities Act of 1933, as amended, due to Mr. Roberts's status
as  the  founder  and  initial  management  of  FAR  Group, and his status as an
accredited  investor  and  his  foreign  nationality,  and the limited number of
investors  (1).

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

The  following  discussion  and  analysis of FAR Group's financial condition and
results  of  operations  should  be  read  in  conjunction  with  the  Financial
Statements  and accompanying notes and the other financial information appearing
elsewhere  in  this  report.

     PLAN  OF  OPERATION

During  the  period  from  March  24  2000 through April 30, 2001, FAR Group has
engaged  in  no  significant  operations  other  than organizational activities,
acquisition  of  the  rights  to  market  Vitamineralherb  and  preparation  for
registration of its securities under the Securities Act of 1933, as amended.  No
revenues  were  received  by  FAR  Group  during  this  period.

For  the current fiscal year, FAR Group anticipates incurring a loss as a result
of  organizational  expenses,  expenses  associated  with registration under the
Securities  Act  of  1933,  and  expenses  associated  with setting up a company
structure  to  begin implementing its business plan.  FAR Group anticipates that
until  these  procedures  are  completed, it will not generate revenues, and may
continue  to operate at a loss thereafter, depending upon the performance of the
business.

FAR  Group's  business  plan  is  to  determine the feasibility of marketing the
Vitamineralherb products in various markets, and, if the products prove to be in
demand,  begin  marketing  and  selling  Vitamineralherb  products.

FAR Group remains in the development stage and, since inception, has experienced
no signigicant change in liquidity or capital resources or shareholders' equity.
Consequently,  FAR  Group's  balance  sheet as of April 30, 2001, reflects total
assets  of  $2,361,  in  the  form  of  cash.

The  original  shareholder also paid for legal expenses in the amount of $16,000
for  which  he  received  1,600,000  shares  of  common  stock  of  the Company.

FAR  Group's  business  plan  is  to  determine  the  feasibility  of  selling
Vitamineralherb.com  products  to  targeted  markets.  In order to determine the
feasibility of its business plan, FAR Group plans, during the next six to twelve
months, to conduct research into these various potential target markets.  Should
FAR  Group  determine  that the exploitation of the license is feasible, it will
engage  salespeople  to market the products. Based primarily on discussions with
the  licensor,  FAR Group believes that during its first operational quarter, it
will  need  a capital infusion of approximately $85,000 to achieve a sustainable
sales  level  where  ongoing  operations  can  be  funded out of revenues.  This
capital  infusion  is  intended to cover costs of advertising, hiring and paying


                                       14
<PAGE>
two  salespeople, and administrative expenses.  In addition, FAR Group will need
approximately  $260,000  in the event it determines that its market will not pay
in  advance  and  it  will have to extend credit.  FAR Group will have to obtain
additional  financing  through  an  offering or capital contributions by current
shareholders.

FAR  Group  will  need  additional  capital to carry out its business plan or to
engage  in  a  business combination.  No commitments to provide additional funds
have  been  made by management or other shareholders.  Accordingly, there can be
no  assurance that any additional funds will be available on terms acceptable to
FAR  Group  or  at  all.  FAR Group has no commitments for capital expenditures.

In  addition,  FAR Group may engage in a combination with another business.  FAR
Group has engaged in discussions concerning potential business combinations, but
has  not  entered  into  any  agreement  for  such  a  combination.

In  its  Independent  Auditor's  Report,  FAR Group's accountants state that FAR
Group's  failure to generate revenues and conduct operations since its inception
raise  substantial  doubt  about  FAR  Group's  ability  to  continue as a going
concern.  FAR  Group will require substantial working capital, and currently has
inadequate  capital  to fund its business.  FAR Group may be unable to raise the
funds  necessary  for implementing its business plan, which could severely limit
its  operations  and  cause  its  stock  to  be  worthless.



                                       15
<PAGE>
ITEM  7.  FINANCIAL  STATEMENTS
-------------------------------

FAR  Group  Inc.

Index to Financial Statements Contents


Report  of  Independent  Auditors . . . . . . . . . . . . . . . . . . . . . .F-1

Balance  Sheets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F-2

Statements  of  Operations . . . . . . . . . . . . . . . . . . . . . . . . . F-3

Statements  of  Cash  Flows . . . . . . . . . . . . . . . . . . . . . . . . .F-4

Statements  of  Stockholders'  Equity . . . . . . . . . . . . . . . . . . . .F-5

Notes  to  the  Financial  Statements . . . . . . . . . . . . . . . . . . . .F-6


<PAGE>
                               [GRAPHIC  OMITTED]


MANNING  ELLIOTT                            11th floor, 1050 West Pender Street,
                                            Vancouver, BC, Canada V6E 3S7

CHARTERED ACCOUNTANTS                       Tel: 604.714.3600  Fax: 604.714.3669
                                            Web:  manningelliott.com



                          Independent Auditor's Report
                          ----------------------------

To  the  Board  of  Directors
FAR  Group,  Inc.
(A  Development  Stage  Company)

We  have  audited  the  accompanying  balance  sheets  of  FAR  Group,  Inc.  (A
Development  Stage  Company)  as  of  April  30,  2001  and 2000 and the related
statements  of  operations,  stockholders'  equity and cash flows for the period
from  March  24,  2000  (Date  of  Inception) to April 30, 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  audits.

We  conducted  our  audits  in  accordance with U.S. 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 aforementioned financial statements present fairly, in all
material  respects,  the  financial  position  of FAR Group, Inc. (A Development
Stage Company), as of April 30, 2001 and 2000, and the results of its operations
and  its  cash  flows  for the period from March 24, 2000 (Date of Inception) to
April  30,  2001,  in  conformity  with  U.S.  generally  accepted  accounting
principles.

The  accompanying  financial  statements have been prepared assuming the Company
will  continue  as  a  going  concern.  As  discussed in Note 1 to the financial
statements,  the  Company  has  not  generated  any  revenues  or  conducted any
operations  since  inception.  These  factors  raise substantial doubt about the
Company's  ability  to continue as a going concern. Management's plans in regard
to  these  matters are also discussed in Note 1. The financial statements do not
include  any adjustments that might result from the outcome of this uncertainty.


/s/  Manning  Elliott

CHARTERED  ACCOUNTANTS
Vancouver,  Canada

June  8,  2001


                                      F-1
<PAGE>
<TABLE>
<CAPTION>
FAR  Group,  Inc.
(A Development Stage Company)
Balance  Sheets


                                                                      April 30,    April 30,
                                                                          2001         2000
                                                                             $            $
<S>                                                                  <C>          <C>
ASSETS

Current Assets

Cash                                                                      2,361            -
---------------------------------------------------------------------------------------------

Total Assets                                                              2,361            -
=============================================================================================


LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

Accounts payable                                                          4,199            -
Accrued liabilities                                                         750            -
Note payable (Note 4)                                                    35,000       35,000
---------------------------------------------------------------------------------------------

Total Liabilities                                                        39,949       35,000
---------------------------------------------------------------------------------------------

Contingency (Note 1)

Stockholders' Equity (Deficit)

Common Stock: $0.001 par value; authorized 100,000,000 common               260          160
shares; 2,600,000 and 1,600,000 shares issued and outstanding
respectively

Additional Paid-in Capital                                               25,740       15,840
---------------------------------------------------------------------------------------------

                                                                         26,000       16,000
---------------------------------------------------------------------------------------------

Preferred Stock: $.0001 par value; authorized 20,000,000 preferred            -            -
shares; none issued
---------------------------------------------------------------------------------------------

Deficit Accumulated During the Development Stage                        (63,588)     (51,000)
---------------------------------------------------------------------------------------------

Total Stockholders' Deficiency                                          (37,588)     (35,000)
---------------------------------------------------------------------------------------------

Total Liabilities and Stockholders' Deficiency                            2,361            -
=============================================================================================
</TABLE>


(See  accompanying  Notes  to  the  Financial  Statements)


                                      F-2
<PAGE>
<TABLE>
<CAPTION>
FAR  Group,  Inc.
(A  Development  Stage  Company)
Statements  of  Operations



                                                            Accumulated       Year      For the period
                                                                   From      Ended      from March 24,
                                                         March 24, 2000      April       2000 (Date of
                                                 (Date of Inception) to         30,      Inception) to
                                                         April 30, 2001       2001      April 30, 2000
                                                                      $          $                   $
<S>                                             <C>                       <C>          <C>
Revenue                                                               -            -                -
------------------------------------------------------------------------------------------------------

Expenses
Accounting and legal                                             20,551        4,551           16,000
Bank charges                                                                      45                -
Consulting fees                                                   5,000        5,000                -
License written-off                                              35,000            -           35,000
Office                                                                           662                -
Transfer agent and filing fees                                    2,330        2,330                -
------------------------------------------------------------------------------------------------------

Net loss                                                        (63,588)     (12,588)         (51,000)
======================================================================================================

Net Loss Per Share (Basic and diluted)                                         (0.01)           (0.03)
======================================================================================================
Weighted Average Number of Shares
Outstanding                                                                1,933,000        1,600,000
======================================================================================================
</TABLE>


(See  accompanying  Notes  to  the  Financial  Statements)


                                      F-3
<PAGE>
<TABLE>
<CAPTION>
FAR  Group,  Inc.
(A  Development  Stage  Company)
Statements  of  Cash  Flows



                                                  Accumulated                   For the period
                                                from March 24,                  from March 24,
                                                2000 (Date of     Year Ended     2000 (Date of
                                                Inception) to       April 30,    Inception) to
                                               April 30, 2001           2001    April 30, 2000
                                                            $              $                 $
<S>                                            <C>               <C>           <C>
Cash Flows From Operating Activities

Net loss                                               (63,588)      (12,588)          (51,000)

Items not requiring outlay of cash:

Legal and organizational costs                          16,000             -            16,000
License written-off                                     35,000             -            35,000

Changes in operating assets and liabilities:

Accounts payable and accrued liabilities                 4,949         4,949                 -
-----------------------------------------------------------------------------------------------

Net Cash Used by Operating Activities                   (7,639)       (7,639)                -
-----------------------------------------------------------------------------------------------

Cash Flows From Financing Activities

Common shares issued                                    10,000        10,000                 -
-----------------------------------------------------------------------------------------------

Increase In Cash                                         2,361         2,361                 -

Cash at Beginning of Period                                  -             -                 -

Cash at End of Period                                    2,361         2,361                 -
-----------------------------------------------------------------------------------------------

Non-Cash Financing Activities

A total of 1,600,000 shares were issued to
a director at a fair market value of $0.01
per share for legal and organizational
expenses paid                                           16,000             -            16,000

A note payable was assumed by the
Company for the acquisition of a License
from a director (Notes 3 and 5)                         35,000             -            35,000
-----------------------------------------------------------------------------------------------
                                                        51,000                          51,000
===============================================================================================

Supplemental Disclosures

Interest paid                                                -             -                 -
Income tax paid                                              -             -                 -
</TABLE>


(See  accompanying  Notes  to  the  Financial  Statements)


                                      F-4
<PAGE>
<TABLE>
<CAPTION>
FAR  Group,  Inc.
(A  Development  Stage  Company)
Statement  of  Stockholders'  Equity
From March 24, 2000 (Date of Inception) to April 30, 2001



                                                                                 Deficit
                                                                             Accumulated
                                                        Additional            During the
                                          Common Stock     Paid-in           Development
                                      Shares    Amount     Capital   Total         Stage
                                           #         $           $       $             $
<S>                                  <C>        <C>     <C>         <C>     <C>

Balance - March 24, 2000 (Date of            -       -           -       -            -
Inception)

Stock issued for legal and           1,600,000     160      15,840  16,000            -
organizational expenses at a fair
market value of $0.01 per share

Net loss for the period                      -       -           -       -      (51,000)
----------------------------------------------------------------------------------------
Balance - April 30, 2000             1,600,000     160      15,840  16,000      (51,000)

Stock issued for cash at $0.01 per   1,000,000     100       9,900  10,000            -
share

Net loss for the year                        -       -           -       -      (12,588)
----------------------------------------------------------------------------------------

Balance - April 30, 2001             2,600,000     260      25,740  26,000      (63,588)
========================================================================================
</TABLE>


(See  accompanying  Notes  to  the  Financial  Statements)


                                      F-5
<PAGE>
FAR  Group,  Inc.
A  Development  Stage  Company)
Notes  to  the  Financial  Statements
April  30,  2001



1.   Development  Stage  Company

     FAR  Group,  Inc.  herein  (the "Company") was incorporated in the State of
     Washington,  U.S.A.  on  March  24, 2000. The Company acquired a license to
     market  and  distribute  vitamins,  minerals,  nutritional supplements, and
     other  health  and  fitness  products  in  which the grantor of the license
     offers  these  products  for sale from various suppliers on their Web Site.

     The  Company  is  in the development stage. In a development stage company,
     management  devotes  most  of its activities in developing a market for its
     products.  Planned  principal activities have not yet begun. The ability of
     the  Company  to  emerge  from  the  development  stage with respect to any
     planned  principal  business  activity  is  dependent  upon  its successful
     efforts  to  raise  additional  equity  financing  and/or attain profitable
     operations.  There  is  no guarantee that the Company will be able to raise
     any  equity  financing  or  sell  any of its products at a profit. There is
     substantial  doubt  regarding  the Company's ability to continue as a going
     concern.


2.   Summary  of  Significant  Accounting  Policies

     (a)  Year  end

          The  Company's  fiscal  year  end  is  April  30.

     (b)  License

     The  cost to acquire the License was capitalized. The carrying value of the
License  is evaluated in each reporting period to determine if there were events
or  circumstances  which  would  indicate  a  possible  inability to recover the
carrying  amount.  Such  evaluation  is  based  on  various  analyses  including
assessing  the Company's ability to bring the commercial applications to market,
related  profitability  projections and undiscounted cash flows relating to each
application  which  necessarily  involves  significant  management judgment. The
License  was  written-off  to operations as at April 30, 2000 due to the lack of
historical  cash  flow  of  Vitaminmineralherb.com. However, it is the Company's
intention  to determine if it is economically feasible to commercially exploit a
business  plan.

     (c)  Cash  and  Cash  Equivalents

     The  Company  considers  all  highly  liquid instruments with a maturity of
three  months  or  less  at  the  time  of  issuance  to  be  cash  equivalents.


                                      F-6
<PAGE>
     (d)  Revenue  Recognition

     The  Company  will  receive from the Grantor of the license, commissions of
one-half of all the profit on all sales made through the Grantor's Web Site. The
commission revenue will be recognized in the period the sales have occurred. The
Company  will  report  the  commission  revenue on a net basis as the Company is
acting  as  an Agent for the Grantor and does not assume any risks or rewards of
the  ownership  of  the  products.  This  policy is prospective in nature as the
Company  has  not  yet  generated  any  revenue.

     (e)  Use  of  Estimates

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


3.   License

     The  Company's asset is a license to market vitamins, minerals, nutritional
     supplements and other health and fitness products through the Grantor's Web
     Site.  The  Company  desires  to  market  these  products  to  medical
     practitioners,  alternative  health professionals, martial arts studios and
     instructors,  sports  and  fitness  trainers,  other  health  and  fitness
     practitioners,  school  and  other  fund raising programs and other similar
     types of customers in Minnesota. The license was acquired on April 13, 2000
     for  a  term of three years. The Company must pay an annual fee of $500 for
     maintenance  of  the Grantor's Web Site commencing on the anniversary date.
     The  Grantor  of  the  license  retains  50%  of  the  profits.

     The Company paid total consideration of $35,000 for the license with a note
     payable  of  $35,000.  See  Note  5.

     The  License  was written-off to operations as at April 30, 2000 due to the
     lack  of historical cash flow of Vitaminmineralherb.com. However, it is the
     Company's  intention  to  determine  if  it  is  economically  feasible  to
     commercially  exploit  a  business  plan.


4.   Note  Payable

     The  note  payable is unsecured, non-interest bearing and is repayable upon
     the successful completion of an Initial Public Offering of the common stock
     of the Company and sale of all registered shares pursuant to such offering.
     As  the  proceeds  from this offering are not sufficient to repay this loan
     the  President  of  the  Company  does not intend to demand repayment until
     sufficient  funds  are  in  place.


                                      F-7
<PAGE>
5.   Related  Party  Transaction

     The  License  referred to in Note 4 was assigned to the Company by the sole
     director  and  President of the Company for consideration of the assumption
     of  a  note payable of $35,000. The License was recorded at the transferors
     cost  of  $35,000  which  was  also  fair  market  value  at  the  time.

     The  Grantor  of  the  License  is  not  related  to  the  Company.


6.   Commitment

     The  Company  entered into a Business Agreement with Magnum Financial Corp.
     ("Magnum")  whereby  Magnum  will  assist  the Company with the approval of
     trading  on  the  OCT  Bulletin  Board.  The  Company  has paid $5,000 upon
     acceptance  of  this agreement and will pay $5,000 upon listing for trading
     on the OTC BB and a further $5,000 three weeks after listing for trading on
     the  OTC  BB.


                                      F-8
<PAGE>
ITEM  8.     CHANGES  IN  AND  DISAGREEMENTS  WITH ACCOUNTANTS ON ACCOUNTING AND
--------------------------------------------------------------------------------
FINANCIAL  DISCLOSURE
---------------------

None.


                                    PART III

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

The  following  table sets forth the name, age and position of each director and
executive  officer  of  FAR  Group:

     NAME                 AGE     POSITION
     ----                 ---     --------
     Frank A. Roberts     68      President, Secretary, Treasurer, Director

In  April, 2000, Mr. Roberts was elected as the sole officer and director of FAR
Group.  He  will serve until the next annual meeting of FAR Group's shareholders
and  his  successors  are  elected  and qualified. Thereafter, directors will be
elected  for  one-year  terms at the annual shareholders' meeting. Officers will
hold  their  positions  at  the  pleasure  of the board of directors, absent any
employment  agreement.

Since 1984, Mr. Roberts has been the president, sole shareholder and director of
RSM  Investor  Network Inc., a consulting company providing services to existing
and emerging private and public companies, assisting such companies with raising
equity  capital  and  providing  management and communication services. Prior to
that,  Mr.  Roberts founded Steeplejack Services Ltd. in Calgary, which he owned
with  four other partners, from its inception in 1969 until he sold his interest
in  1985.  Steeplejack  specialized  in  manufacturing,  leasing  and  sale  of
scaffolding  and  many  construction  related  products.


ITEM  10.  EXECUTIVE  COMPENSATION
----------------------------------

No  officer  or director has received any remuneration from FAR Group.  Although
there  is no current plan in existence, it is possible that FAR Group will adopt
a  plan to pay or accrue compensation to its officers and directors for services
related  to  the  implementation of FAR Group's business plan.  FAR Group has no
stock  option,  retirement,  incentive,  defined  benefit, actuarial, pension or
profit-sharing  programs  for  the  benefit  of  directors,  officers  or  other
employees, but the Board of Directors may recommend adoption of one or more such
programs  in  the  future.  FAR Group has no employment contract or compensatory
plan  or  arrangement  with  any  executive  officer of FAR Group.  The director
currently  does not receive any cash compensation from FAR Group for his service
as  a  member of the board of directors. There is no compensation committee, and
no  compensation  policies  have  been  adopted.


                                       17
<PAGE>
ITEM  11.  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND  MANAGEMENT
--------------------------------------------------------------------------------

The  following  table  sets  forth,  as of July 9, 2001, FAR Group's outstanding
common  stock  owned  of  record  or  beneficially by each Executive Officer and
Director  and  by  each person who owned of record, or was known by FAR Group to
own beneficially, more than 5% of its common stock, and the shareholdings of all
Executive  Officers  and  Directors as a group.  Each person has sole voting and
investment  power  with  respect  to  the  shares  shown.

<TABLE>
<CAPTION>
                                                     PERCENTAGE OF
NAME                                       SHARES     SHARES OWNED
                                            OWNED
----------------------------------------  ---------  --------------
<S>                                       <C>        <C>

Frank Roberts                             1,600,000            100%
Suite 210 - 580 Hornby Street
Vancouver, British Columbia, Canada
----------------------------------------  ---------  --------------
ALL EXECUTIVE OFFICERS & DIRECTORS AS A   1,600,000            100%
GROUP (1 Individual)
----------------------------------------  ---------  --------------
</TABLE>

DESCRIPTION  OF  SECURITIES

The  following  description  of  FAR  Group's  capital stock is a summary of the
material  terms  of its capital stock.  This summary is subject to and qualified
in  its entirety by FAR Group's articles of incorporation and bylaws, and by the
applicable  provisions  of  Washington  law.

The  authorized  capital  stock  of  FAR  Group  consists of 120,000,000 shares:
100,000,000  shares  of Common Stock having a par value of $0.0001 per share and
20,000,000  shares  of  Preferred Stock having a par value of $0.0001 per share.
The  articles  of incorporation do not permit cumulative voting for the election
of  directors,  and  shareholders  do not have any preemptive rights to purchase
shares  in  any  future  issuance  of  FAR  Group's  common  stock.

The holders of shares of common stock of FAR Group do not have cumulative voting
rights  in  connection  with the election of the Board of Directors, which means
that  the  holders  of  more than 50% of such outstanding shares, voting for the
election  of directors, can elect all of the directors to be elected, if they so
choose, and, in such event, the holders of the remaining shares will not be able
to  elect  any  of  FAR  Group's  directors.

The  holders  of  shares of common stock are entitled to dividends, out of funds
legally available therefor, when and as declared by the Board of Directors.  The
Board  of  Directors  has  never  declared  a  dividend  and does not anticipate
declaring  a  dividend  in  the  future.  Each outstanding share of common stock
entitles  the  holder thereof to one vote per share on all matters.  The holders
of  the shares of common stock have no preemptive or subscription rights. In the
event  of  liquidation,  dissolution  or winding up of the affairs of FAR Group,
holders  are entitled to receive, ratably, the net assets of FAR Group available
to  shareholders  after  payment  of  all  creditors.


                                       18
<PAGE>
All  of  the  issued and outstanding shares of common stock are duly authorized,
validly  issued,  fully paid, and non-assessable.  To the extent that additional
shares  of  FAR  Group's  common  stock  are  issued,  the relative interests of
existing  shareholders  may  be  diluted.

ITEM  12.  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS
-------------------------------------------------------------

No  director,  executive  officer  or  nominee for election as a director of FAR
Group, and no owner of five percent or more of FAR Group's outstanding shares or
any  member  of  their  immediate  family  has  entered  into  or  proposed  any
transaction  in  which  the  amount  involved  exceeds  $60,000.

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

A.   Exhibits

Exhibit
Number     Description
-------    -----------
10.1       Magnum  Financial  Corp.  Agreement


B.   Reports  on  Form  8-K

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.

                               FAR  GROUP  INC.

                               By:  /s/
                                  ---------------------
                                  Frank  A.  Roberts
                                   President

                               Date:  July 16, 2001
                                    -------------------


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

                            By:  /s/                        Date:  July 16, 2001
                               -------------------------         ---------------
                               Frank  A.  Roberts
                               President, Director, Chief
                               Financial and Accounting
                               Officer


                                       19
<PAGE>
                                  EXHIBIT INDEX

Exhibit
Number     Description
-------    -----------
10.1       Magnum  Financial  Corp.  Agreement




                                       20
<PAGE>