<PAGE>
                                   FORM 10-KSB
                     U.S. SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

[X]      ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
         OF 1934 FOR THE FISCAL YEAR ENDED: MARCH 31, 2002

                          Commission File No. 000-09751


                           STATMON TECHNOLOGIES CORP.
                        (formerly Viable Resources, Inc.)
                 (Name of small business issuer in its charter)

               Nevada                                  83-0242652
   (State or other jurisdiction of        (I.R.S. Employer Identification No.)
   incorporation or organization)

                        345 North Maple Drive, Suite 120
                             Beverly Hills, CA 90210
                (Address of principal Executive Offices Zip Code)



       Registrant's telephone number, including area code: (310) 288-4580

       Securities registered under Section 12(b) of the Exchange Act: None


  Securities registered under Section 12(g) of the Exchange Act: Common Stock,
                                  no 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 Exchange Act during the past 12 months (or for such
shorter period that the issuer was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.


          (1) Yes [X]  No [ ]                 (2) Yes [X]  No [ ]

         Check if there is no disclosure of delinquent filers in response to
Item 405 of Regulation S-B contained in this form, and no disclosure will be
contained, to the best of issuer's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB. [X]


           State issuer's revenues for its most recent fiscal year: $0
         As of March 31, 2002, 13,040,300 shares of the Company's Common Stock,
par value $.01 per share, were held by non-affiliates which had a market value
of approximately $561,612 based on available OTCBB quote at the average between
the bid and asked price is $.04. The number of shares of Common Stock of the
registrant outstanding as of March 31, 2002, was 23,040,368.
<PAGE>
                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                            Page
<S>                                                                         <C>
                                     PART I

ITEM 1. DESCRIPTION OF BUSINESS                                              1

ITEM 2. DESCRIPTION OF PROPERTIES                                            5

ITEM 3. LEGAL PROCEEDINGS                                                    5

ITEM 4. SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS                    6

                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
  MATTERS                                                                    6

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

ITEM 7. FINANCIAL STATEMENTS                                                 7

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
  ACCOUNTING AND FINANCIAL DISCLOSURE                                        7

                                    PART III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, AND
   CONTROL PERSONS; COMPLIANCE WITH SECTION 16 (a) OF
   THE EXCHANGE ACT                                                          7

ITEM 10. EXECUTIVE COMPENSATION                                             10

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
   OWNERS AND MANAGEMENT                                                    12

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS                     13

                                     PART IV

ITEM 13. EXHIBITS                                                           13

SIGNATURE PAGE                                                              14
</TABLE>
<PAGE>
ITEM 1.     DESCRIPTION OF BUSINESS


HISTORY AND ORGANIZATION

         The Company was incorporated under the laws of the state of Nevada on
August 24, 1978 with authorized common stock of 25,000,000 shares at a par value
of $.01. Since inception the Company and its wholly owned subsidiary has been
engaged in the business of the exploration, development and production of
mineral properties. During 1992 the Company ceased operations and has since
remained inactive.

OVERVIEW

         The Company was incorporated under the laws of the state of Nevada on
August 24, 1978 with authorized common stock of 25,000,000 shares at a par value
of $.01. Since inception the Company and its wholly owned subsidiary has been
engaged in the business of the exploration, development and production of
mineral properties. During 1992 the Company ceased operations by the loss of its
remaining assets and its wholly owned subsidiary and has since remained
inactive.

         On February 29, 1984, the Registrant filed a voluntary petition under
Chapter XI of the United States Bankruptcy Code, in the United States Bankruptcy
Court, District of Wyoming. Previous Annual Reports on Forms 10-K have detailed
the background of the filing and progress in the reorganization proceedings. On
February 18, 1987, the Bankruptcy Court confirmed the Registrant's plan of
Reorganization which had been submitted to and approved by creditors. On July
13, 1988, the Bankruptcy Court issued the final decree closing the case of
Viable Resources, Inc. No 84-00138-B, pursuant to Rule 3022 of the bankruptcy
rules.

         The ability of the Registrant to meet its obligations under the plan
depended on the operational success under the agreement. The registrant's share
of the revenues under the agreement was not sufficient to meet the payments to
creditors under the plan and during 1990 became delinquent on the payments to
creditors. Various settlements were readied with creditors to extinguish debt in
return for shares.

         At the date of this report all remaining debt of the registrant post
bankruptcy has been extinguished by the statute of limitations, or was
previously settled.

         The company is considered to have been in the development stage since
April 1, 1993.

         The Company intends seek business proposals which might provide the
Company and its stockholders with a viable business opportunity. The Board of
Directors will make the final approval in determining whether to complete any
acquisition, and unless required by applicable law, the articles of
incorporation or bylaws or by contract, stockholders' approval will not be
sought.

         The investigation of specific business opportunities and the
negotiation, drafting, and execution of relevant agreements, disclosure
documents, and other instruments will require substantial management time and
attention and will require the Company to incur substantial costs for payment of
accountants, attorneys, and others. If a decision is made not to participate
<PAGE>
in or complete the acquisition of a specific business opportunity, the costs
incurred in a related investigation will not be recoverable. Further, even if an
agreement is reached for the participation in a specific business opportunity by
way of investment or otherwise, the failure to consummate the particular
transaction may result in the loss to the Company of all related costs incurred.
In the past the board of directors has approved a resolution authorizing the
Company to issue shares of its common stock as consideration for monies advanced
or services rendered on behalf of the Company.

         In May 2002, Philip Hinds, Michael Butler, and Ronald Shogren,
Directors and control shareholders, each agreed to sell common shares (pre
reverse split) to individuals or entitles as follows:

AceCapital Investment Limited
   2,250,000 shares total
   750,000 from each of sellers
   $62,500 total price

Systems & Technology Corp.
   2,250,000 shares total
   750,000 from each of sellers
   $62,500 total price
   2,250,000 shares total

Sino Global Development Limited
   2,250,000 shares total
   750,000 from each of sellers
   $62,500 total price

Powerlink International Finance, Inc.
   750,000 from each of sellers
   $62,500 price total

         The Purchase Agreements were entered into on May 24, 2002.

         The purpose of the acquisitions was to make a change of control so that
former control shareholders' shares were purchased. The Company plans to
implement a business combination through a Share Exchange of 7,575,000 shares of
common stock of the company (post reverse split one for 16) which shares, upon
completion of the Agreement and Plan of Reorganization will be issued to the
shareholders of Statmon Technologies Corp. for 100% of the issued and
outstanding shares of Statmon Technologies Corp.

         The company accepted a subscription for and issued 1,500,000 shares of
restricted common stock (pre-reverse spit) in consideration for a promissory
note for $45,000 due in 60 days.

         The Board approved, and a majority of the shareholders as of May 22,
2002 approved by written consent, the following matters.


                                     - 2 -
<PAGE>
         1. An Agreement and Plan of Reorganization between the company and
Statmon Technologies Corp. whereby the company will exchange 7,575,000 shares of
its common stock (on a post reverse split basis) for one hundred percent of the
issued and outstanding common stock of Statmon Technologies Corp.

         2. The company's common stock, issued and outstanding, shall be
consolidated (reverse split) on a one for sixteen basis on the effective date of
June 12, 2002.

         3. The name of the company shall be changed to Statmon Technologies
Corp.

         4. A "poison pill" has been adopted to prevent further reverse splits
for a period of two years after May 22, 2002 as follows:

                  Pursuant to a resolution by the Board of Directors of the
         company adopted May 15, 2002 for a two year period after date hereof,
         no actions will be taken by the company or its shareholders which would
         reduce the number of outstanding shares of common stock, whether by
         reverse split, consolidation, reorganization, merger or otherwise, of
         the company or any successor company (which shall be known as the "no
         reverse covenant") except that this shall not apply to a proposed one
         for 16 reverse split of the issued and outstanding shares to be
         effectuated concurrent with the consummation of the transaction
         contemplated in the Agreement and Plan of Reorganization with Statmon;
         provided, however, that if (i) there is any material misrepresentation
         by the company or the Sellers under the Purchase Agreement in either
         the Purchase Agreement or the Reorganization Agreement or (ii) the
         company or the Sellers materially breach any provision of either the
         Purchase Agreement or the Reorganization Agreement, then this no
         reverse covenant will immediately be deemed to be null and void. In the
         event the "no reverse covenant" is breached, the resolution and this
         covenant shall provide that it shall trigger a grant by the company of
         an immediate mandatory dividend to each shareholder as of January 31,
         2002, for each share owned after the reverse split, consolidation,
         merger, or reduction of outstanding shares of a number of shares
         inversely proportional to the amount of the reverse split, except that
         shares subsequently retired to treasury or cancelled of record shall be
         excluded from the dividend.

         5. Warrants to purchase a total of 250,000 common shares (post reverse
split) at $5.00 per share for a period of five years were granted to Directors
Ronald Shogren, Philip Hinds, Michael Butler, and Robert G. Fowler.


                                     - 3 -
<PAGE>
         Appointment of New Directors

         Pursuant to the Agreement and Plan of Reorganization with Statmon, the
Board of Directors has appointed the following persons as Directors, which
appointments become effective ten days after mailing of Notice to Shareholders
pursuant to Section 14f of the Securities & Exchange Act of 1934. The effective
date of the appointment is June 13, 2002.

                               Geoffrey P. Talbot
                               Robert B. Fields
                               Peter J. Upfold
                               Leonard Silverman

         The existing directors, Messrs. Hinds, Shogren, and Butler will resign
upon the effectiveness of the appointment of the new directors.

         The biographical information of the new directors is as follows:

         GEOFFREY P. TALBOT - Mr. Talbot is a co-founder and has served as
Chairman, Chief Executive Officer and interim Chief Financial Officer of Statmon
Technologies Corp. since its formation in June 2000. From April 1997 to July
2000, Mr. Talbot was the Chief Executive Officer and Director of J.C. Williamson
Entertainment Inc. and J.C. Williamson Technologies in Los Angeles, California.
From 1995 to 1996, Mr. Talbot initiated the initial public offering and NASDAQ
listing of a high end computer graphics and digital film studio based in North
Hollywood, California.

         Mr. Talbot has over 30 years of international business experience
including holding Chief Executive Officer/Chief Financial Officer and other
senior executive positions responsible for managing high growth and talent in
the media buying, advertising sales, media technologies, computer graphics and
digital film production industries.

         Mr. Talbot's background also includes financial and management training
at Caltex Oil (Australia) Limited and international asset based financing
experience with Itel Leasing Corporation in San Francisco and Chicago and Orion
Term Bank (Royal Bank of Canada) in London, England.

         PETER UPFOLD - Mr. Upfold is a co-founder and has served as Deputy
Chairman, Chief Technical Officer and a director of Statmon Technologies Corp.
since its formation in June 2000. Mr. Upfold relocated to the United States from
Australia in 1998 to introduce the technology upon which Statmon's products are
based to the North American market. Between 1988 and 1998 he was active at a
senior level of the Australian and New Zealand broadcast engineering and
information technology markets. Mr. Upfold has over 20 years industry experience
in technology and electronics management, the Internet and wireless television
and radio broadcasting. Mr. Upfold has extensive broadcast transmission systems
experience as well as a strong background with surface mounted computer
technology and digital data transmission. Mr. Uphold is also a hands-on software
programmer using languages such as Visual Basic, Visual C++, Visual FoxPro, and
Microsoft Access.


                                     - 4 -
<PAGE>
         DR. LEONARD SILVERMAN - Dr. Silverman has been a member of Statmon
Technologies Corp. Board of Directors since its formation in June 2000. Dr.
Silverman has spent most of his professional career at the University of
Southern California (USC). He was appointed the fifth Dean of Engineering in
1984 and retired as the Dean in June 2001. The USC School of Engineering has
over 140 faculty, 4,000 students and an operating budget of over US$100 million.
Dean Silverman began his administrative career in 1982 when he was elected
Chairman of the Electrical Engineering Systems Department. He was appointed a
Full Professor of Electrical Engineering in 1977. Dr. Silverman, a member of the
U.S. National Academy of Engineering, is internationally known for his
pioneering work in the theory and application of multivariable control systems
and signal processing with more than 100 publications to his credit. He
currently serves as an independent corporate director on the public company
boards of Advanced MicroDevices (AMD) and Diodes, Inc. He is board member of the
Colachis Foundation, the M.C. Gill Foundation and the Lord Foundation. Dr.
Silverman will be invited to be the Chairman of the Compensation Committee and
be a member of the Audit Committee.

         ROBERT B. FIELDS - Mr. Fields has been a member of Statmon Technologies
Corp. Board of Directors since its formation in June 2000. From 1979 through the
present, Mr. Fields has served as President of Tradestar Ltd., an asset
appreciation consulting firm owned by Mr. Fields. From July 1999 to the present,
Mr. Fields has served as a consultant to Hardistry Construction Management
Corporation, a California based construction management firm. From February 15,
2001 through the present, Mr. Fields has served as Chairman of Act For X, Inc.,
a New York service provider of software for currency trading. From August, 1997
through February 15, 2002, Mr. Fields served as an executive advisor to Laidlow
Global Corp. (AMEX: GLC).

         Mr. Fields is a senior executive with over 40 years of diverse
experience ranging from key sector management positions and directorships with
major corporations to investment banking and advisory experience working with
start ups and the early stage capitalization of technology companies. Mr. Fields
has wide ranging experience in public company management and representing the
shareholders of public companies. He was appointed a director of the Friars
National Association Foundation, Inc., a philanthropy of the arts based in New
York in 1998, has served as its Treasurer and was recently elected its Vice
President.

ITEM 2.     DESCRIPTION OF PROPERTIES

         The Company does not maintain any office nor does it own any property.

ITEM 3.     LEGAL PROCEEDINGS

         None.


                                     - 5 -
<PAGE>
ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

         No matters were submitted to a vote of shareholders of the Company
during the fiscal year ended March 31, 2002.

ITEM 5.     MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

         During the past three years there has been an limited trading market in
the Pink Sheets for the company's common capital stock. Since its inception, the
Company has not paid any dividends on its common or preferred stock, and does
not anticipate that it will pay dividends in the foreseeable future. At March
31, 2002, the Company had 1,673 shareholders of record.

         The common stock is traded on the OTCBB under the symbol VBLE as of
year end. It traded also during the year on the "Pink Sheets." The high low
closing prices of the company's common stock were as follows for the periods
below. The quotations below reflect inter-dealer prices without retail markup,
markdown, or commission and may not represent actual transactions:

<TABLE>
<CAPTION>
                                         High Bid                 Low Bid
                                         --------                 -------
<S>                                      <C>                      <C>
Fiscal Year Ended March 31, 2002
1st Quarter                                 .01                     .01
2nd Quarter                                 .01                     .01
3rd Quarter                                 .02                     .01
4th Quarter                                 .05                     .01

Fiscal Year Ended March 31, 2001
1st Quarter                                 .01                    .001
2nd Quarter                                 .01                    .001
3rd Quarter                                 .01                    .001
4th Quarter                                 .01                    .001

Fiscal Year Ended March 31, 2000
</TABLE>


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


         Results of Operations

         Since the Company ceased operations in 1992, its only activity has
involved the investigation of potential business opportunities.

         The Company had no revenues from operations in fiscal year ended March
31, 2002 or 2001. The Company incurred no expenses the fiscal year ended March
31, 2002 compared to miscellaneous expense of $16,913 in the fiscal year ended
March 31, 2001 which included


                                     - 6 -
<PAGE>
10,000 in compensation expense. The net losses for fiscal years ended March 31,
2002 was $0 compared to ($16,913) in 2001. Net loss per share was nominal in
both fiscal years.

         Liquidity and Capital Resources

         As of March 31, 2002 the Company had no assets and no liabilities.

         The Company will be reliant on loans from shareholders, or private
placements of restricted stock, for which no source has been found, in order to
provide any funds for operations.

ITEM 7.     FINANCIAL STATEMENTS

         The financial statements of the Company are included following the
signature page to this form 10-KSB at pages F-1 through F-10.

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

         Michael B. Johnson & Company, CPA's of Denver, Colorado were retained
in 2000 as auditors for the Company for fiscal year 1998 and thereafter.

         In connection with audits of two most recent fiscal years and any
interim period preceding resignation, no disagreements exist with any former
accountant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope of procedure, which disagreements if not
resolved to the satisfaction of the former accountant would have caused him to
make reference in connection with his report to the subject matter of the
disagreement(s).

         The decision to change accountants was approved by the Board of
Directors as the registrant has no audit committee.

         The principal accountants' reports on the financial statements for any
of the past two years contained no adverse opinion or a disclaimer of opinion
nor was qualified as to uncertainty, audit scope, or accounting principles
except for the "going concern" qualification.

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

         Each director of the Company serves for a term of one year and until
his successor is elected at the Company's annual shareholders' meeting and is
qualified, subject to removal by the Company's shareholders. Each officer
serves, at the pleasure of the board of directors, for a term of one year and
until his successor is elected at the annual meeting of the board of directors
and is qualified.


                                     - 7 -
<PAGE>
         The following table sets forth as of March 31, 2002, the name, age, and
position of each executive officer and director and the term of office of each
director of the Company.

<TABLE>
<CAPTION>
Name                    Age    Position                    Director and/or Officer Since
<S>                     <C>    <C>                         <C>
Philip G. Hinds         61     President, Director         February 2001
Michael R. Butler       49     Director, Secretary,        February 2001
                               Treasurer
Ronald A. Shogren       59     Director, Vice President    February 2001
</TABLE>

         Set forth below is certain biographical information regarding each of
the Company's current executive officers and directors as of March 31, 2002.

         PHILIP G. HINDS, age 61, is President and a Director of the company.
Mr. Hinds, a journeyman printer for 35 years, President and a Director of
Hindsight, Inc., d/b/a Oil City Printer, Casper, WY since 1988. Mr. Hinds has
served as a Councilman for Evansville, WY for five years. He is an active member
of the Elks, Eagles, and Lions clubs. Mr. Hinds was an officer and Director of
Philips 44, Inc. from 1999-2000, and Hinds, Inc. 1998 to date.

         MICHAEL R. BUTLER, age 49, is Secretary/Treasurer and a Director of the
Company, Mr. Butler was employed for 19 years by Amoco Production Company, an
oil and gas producing company operating in the state of Wyoming. In 1997 and
1998. Mr. Butler has owned and operated a farmranch west of Casper, Wyoming.

         Mr. Butler has been trained in and has experience in waterflood
injection, oil and gas producing operations, maintenance, and wetland
development. Mr. Butler is a Director of Hindsight, Inc. d/b/a Oil City
Printers, a commercial printing business (since 1998). Mr. Butler is President
and Directors of Butts, Inc. (since 1997) a Director and Secretary/Treasurer of
The Art Boutique, Inc. (since 1996), Fuels, Inc. (1999-2000), Phillips 44, Inc.
(1998-2000) and Tempus, Inc. (1997-2000) and Garner Investments, Inc. (since
1997).

         RONALD A. SHOGREN, age 59, is Vice President and a Director of the
company. Mr. Shogren attended Eastern Montana College. Mr. Shogren is the past
Exalted Ruler of the Casper's Elk Lodge 1353. Mr. Shogren has been a licensed
general contractor from 1976 to present. Mr. Shogren also has seventeen years
experience as an insurance claims adjuster and presently owns and operates
Cowboy State Claims Service. Mr. Shogren was President and Director of Kearney,
Inc. (1999-2000), Shgi, Inc. (1999 to date) and a Director of Butts, Inc. (1999
to date), and Garner Investments, Inc. (1997 to date).

         Except as indicated below, to the knowledge of management, during the
past five years, no present of former director, executive officer or person
nominated to become a director or an executive officer of the Company:

                  (1) filed a petition under the federal bankruptcy laws or any
         state insolvency law, nor had a receiver, fiscal agent or similar
         officer appointed by a court for the business or property of such
         person, or any partnership in which he was a general partner at or
         within two years before the time of such filing;


                                     - 8 -
<PAGE>
                  (2) was convicted in a criminal proceeding or named subject of
         a pending criminal proceeding (excluding traffic violations and other
         minor offenses);

                  (3) was the subject of any order, judgment or decree, not
         subsequently reversed, suspended or vacated, of any court of competent
         jurisdiction, permanently or temporarily enjoining him from or
         otherwise limiting, the following activities:

                           (i) acting as a futures commission merchant,
                  introducing broker, commodity trading advisor, commodity pool
                  operator, floor broker, leverage transaction merchant,
                  associated person of any of the foregoing, or as an investment
                  advisor, underwriter, broker or dealer in securities, or as an
                  affiliate person, director or employee of any investment
                  company, or engaging in or continuing any conduct or practice
                  in connection with such activity;

                           (ii) engaging in any type of business practice; or

                           (iii) engaging in any activity in connection with the
                  purchase or sale of any security or commodity or in connection
                  with any violation of federal or state securities laws or
                  federal commodities laws;

                  (4) was the subject of any order, judgment, or decree, not
         subsequently reversed, suspended, or vacated, of any federal or state
         authority barring, suspending or otherwise limiting for more than 60
         days the right of such person to engage in any activity described above
         under this Item, or to be associated with persons engaged in any such
         activity;

                  (5) was found by a court of competent jurisdiction in a civil
         action or by the Securities and Exchange Commission to have violated
         any federal or state securities law, and the judgment in such civil
         action or finding by the Securities and Exchange Commission has not
         been subsequently reversed, suspended, or vacated.

                  (6) was found by a court of competent jurisdiction in a civil
         action or by the Commodity Futures Trading Commission to have violated
         any federal commodities law, and the judgement in such civil action or
         finding by the Commodity Futures Trading Commission has not been
         subsequently reversed, suspended or vacated.


                                     - 9 -
<PAGE>
ITEM 10.    EXECUTIVE COMPENSATION


CASH COMPENSATION

         There was no cash compensation paid to any director or executive
officer of the Company during the fiscal years ended March 31, 2002, and 2001.

COMPENSATION

         Executive and Director Compensation

         There are no plans pursuant to which cash or non-cash compensation was
paid or distributed during the last fiscal year, or is proposed to be paid or
distributed in the future, to the executive officers and directors of the
Company except as set forth below in the table. No other compensation not
described above was paid or distributed during the last fiscal year to the
executive officers of the Company. There are no compensatory plans or
arrangements, with respect to any executive office of the Company, which result
or will result from the resignation, retirement or any other termination of such
individual's employment with the Company or from a change in control of the
Company or a change in the individual's responsibilities following a change in
control.


                                     - 10 -
<PAGE>
              SUMMARY COMPENSATION TABLE OF EXECUTIVES & DIRECTORS
              ----------------------------------------------------

                           Annual Compensation Awards
                           --------------------------
<Table>
<Caption>
     Name and            Fiscal                   Other Annual   Restricted Stock Award(s)       Securities
Principal Position       Year   Salary   Bonus   Compensation       Options/SARs (#)        Underlying Option
-----------------------------------------------------------------------------------------------------------
<S>                      <C>    <C>      <C>     <C>            <C>                         <C>
Philip G. Hinds,          2000     $0      $0        $0             3,000,000 shares               0
 President                2001      0       0         0             None

Michael R. Butler,        2000      0       0         0             3,000,000 shares               0
 Secretary/Treasurer      2001      0       0         0             None

Ronald A. Shogren,        2000      0       0         0             3,000,000 shares               0
 Vice President/Director  2001      0       0         0             None
</Table>

Option/SAR Grants Table (none)

Aggregated Option/SAR Exercises in Last Fiscal Year and FY-End
  Option/SAR value (None)

Long Term Incentive Plans - Awards in Last Fiscal Year (None)


                                     - 11 -
<PAGE>
BONUSES AND DEFERRED COMPENSATION

         None.

COMPENSATION PURSUANT TO PLANS

         None.

PENSION TABLE

         None.

OTHER COMPENSATION

         None

COMPENSATION OF DIRECTORS

         None.

TERMINATION OF EMPLOYMENT AND CHANGE OF CONTROL ARRANGEMENT

         There are no compensatory plans or arrangements, including payments to
be received from the Company, with respect to any person named in Cash
Compensation set out above which would in any way result in payments to any such
person because of his resignation, retirement, or other termination of such
person's employment with the Company or its subsidiaries, or any change in
control of the Company, or a change in the person's responsibilities following a
changing in control of the Company.

ITEM 11.    SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

         The following table sets forth as of March 31, 2002, the name and
address and the number of shares of the Company's Common Stock held of record or
beneficially by each person who held of record, or was known by the Company to
own beneficially, more than 5% of the issued and outstanding shares of the
Company's Common Stock, and the name and shareholdings of each director and of
all officers and directors as a group.


                                     - 12 -
<PAGE>
<TABLE>
<CAPTION>
                                             NATURE OF     NUMBER OF
NAME OF PERSON OR GROUP                      OWNERSHIP    SHARES OWNED    PERCENT
-----------------------                      ---------    ------------    -------
<S>                                          <C>          <C>             <C>
Ronald A. Shogren                              Direct       3,000,000        13
   Vice President and Director

Michael R. Butler                              Direct       3,000,000        13

Philip G. Hinds                                Direct       3,000,000        13
   Secretary/Treasurer and
   Director

All Officers and Directors as a Group                                        39
</TABLE>

ITEM 12.    CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS


TRANSACTIONS WITH MANAGEMENT AND OTHERS

         There were no material transactions, or series of similar transactions,
since the beginning of the Company's last fiscal year, or any currently proposed
transactions, or series of similar transactions, to which the Company was or is
to be party, and in which any director, or executive officer, or any security
holder who is known by the Company to own of record or beneficially more than 5%
of any class of the Company's common stock, or any member of the immediate
family of any of the foregoing persons, has an interest.

ITEM 13.    EXHIBITS AND REPORTS ON FORM 8-K

         (a)(3)   EXHIBITS. The following exhibits are included as part of this
                  report by reference:

         3.1      Articles of Incorporation (incorporated by reference to Reg.
                  Statement #000097510)

         3.2      Bylaws (incorporated by reference to Reg. Statement
                  #000097510)


                                     - 13 -
<PAGE>
                                   SIGNATURES

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

                                    STATMON TECHNOLOGIES CORP.
                                    (formerly Viable Resources, Inc.)

                                    By:  /s/ Geoffrey P. Talbot
                                         ---------------------------------------
                                         Geoffrey P. Talbot
                                         Chairman and Chief Executive Officer

                                    Date:       July 25, 2002
                                          ------------------------


                                    By:  /s/ Peter J. Upfold
                                         ---------------------------------------
                                         Peter J. Upfold
                                         Director

                                    Date:       July 25, 2002
                                          ------------------------


                                    By:  /s/ Leonard Silverman
                                         ---------------------------------------
                                         Leonard Silverman
                                         Director

                                    Date:       July 25, 2002
                                          ------------------------



<PAGE>
                             VIABLE RESOURCES, INC.



                              FINANCIAL STATEMENTS
                       Years Ended March 31, 2002 and 2001


Michael Johnson & Co., LLC
Certified Public Accountants
9175 East Kenyon Ave., Suite 100
Denver, Colorado 80237

Michael B. Johnson C.P.A. Telephone: (303) 796-0099
Member: A.I.C.P.A. Fax: (303) 796-0137
Colorado Society of C.P.A.s






















                                      F-1
<PAGE>
INDEPENDENT AUDITOR'S REPORT


To the Board of Directors
Viable Resources, Inc.
Salt Lake City, Utah


         We have audited the accompanying balance sheets of Viable Resources,
Inc. as of March 31, 2002 and 2001, and the related statements of operations,
cash flows, and changes in stockholders' equity for the years then ended. These
financial statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audits.

         We conducted our audits in accordance with auditing standards generally
accepted in the United States. Those standards require that we plan and perform
the audits 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 audits provide 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 Viable Resources,
Inc. at March 31, 2002, and 2001, and the results of its operations and its cash
flows for the years then end, in conformity with accounting principles generally
accepted in the United States.

         The accompanying financial statements have been prepared assuming that
the Company will continue as a going concern. As described in Note 3 to the
financial statements, conditions exist which raise substantial doubt about the
Company's ability to continue as a going concern unless it is able to generate
sufficient cash flows to meet its obligations and sustain its operations. The
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.



/s/ Michael Johnson & Co., LLC.
Michael Johnson & Co., LLC
Denver, Colorado
May 31, 2002






                                      F-2

<PAGE>
                             VIABLE RESOURCES, INC.
                                 BALANCE SHEETS
                             MARCH 31, 2002 AND 2001


<Table>
<Caption>
                                                                              2002               2001
                                                                              ----               ----
<S>                                                                       <C>                <C>
ASSETS:
Current Assets:
   Cash                                                                   $    -             $    -
                                                                          ------------       ------------
   Total Current Assets                                                        -                  -
                                                                          ------------       ------------

TOTAL ASSETS                                                              $    -             $    -
                                                                          ============       ============

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
   Accounts Payable                                                       $    -             $    -

TOTAL CURRENT LIABILITIES                                                      -                  -
                                                                          ============       ============

Stockholders' Equity:
   Common stock, $.01 par value, 25,000,000 shares
   authorized, 23,040,300 shares issued at March 31,
   2002 and 2001 respectively                                                 230,403            230,403

Additional paid-in capital                                                  6,384,384          6,384,384

Accumulated deficit                                                        (6,614,787)        (6,614,787)
                                                                          ------------       ------------
TOTAL STOCKHOLDERS' EQUITY                                                $    -             $    -
                                                                          ============       ============

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                $    -             $    -
                                                                          ============       ============
</Table>


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




                                      F-3
<PAGE>
                             VIABLE RESOURCES, INC.

                            STATEMENTS OF OPERATIONS
                  FOR THE YEARS ENDED MARCH 31, 2002 AND 2001



<Table>
<Caption>
                                                                                 2002                    2001
                                                                                 ----                    ----
<S>                                                                          <C>                     <C>

INCOME                                                                       $    -                   $    -

OPERATING EXPENSES:
   General and administrative                                                     -                       16,913
                                                                             -----------              ----------
                                                                                  -                       16,913
                                                                             -----------              ----------
Net Income from Operations                                                        -                      (16,913)
                                                                             -----------              ----------
Other Income and Expenses
   Interest income                                                                -                        -
   Interest expense                                                               -                        -
                                                                             -----------              -----------
                                                                                  -                        -
                                                                             -----------              -----------
Net Income (Loss)                                                            $    -                   $  (16,913)
                                                                             ===========              ==========

Weighted average number of
   shares outstanding                                                         23,040,300              18,040,300
Earnings (loss) per common share                                                  *                        *
                                                                             ===========              ===========
</Table>

* - Less than ($.01) per share


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


                                      F-4
<PAGE>
                             VIABLE RESOURCES, INC.

                            STATEMENTS OF CASH FLOWS
                   FOR THE YEARS ENDED MARCH 31, 2002 AND 2001

<Table>
<Caption>
                                                       2002        2001
                                                     --------    --------
<S>                                                  <C>         <C>
Cash Flows From Operating Activities:
  Adjustments to reconcile net loss to net cash
    used in operating activities:
Net (Loss)                                           $      -    $(16,913)
    Stock issued for services                               -      10,000
    Loss of assets                                          -           -
  Changes in assets and liabilities:
    Increase in Accounts Payables                           -           -
    Increase in Accounts Receivable                         -           -
                                                     --------    --------
Net Cash Used in Operating Activities                       -      (6,913)
                                                     --------    --------
Cash Flow From Financing Activities:
    Contribution to Capital                                 -           -
    Issuance of Common Stock                                -           -
                                                     --------    --------
Net Cash Provided By Financing Activities                   -           -
                                                     --------    --------
Increase (Decrease) in Cash                                 -      (6,913)
Cash and Cash Equivalents - Beginning of period             -       6,913
                                                     --------    --------
Cash and Cash Equivalents - End of period            $      -    $      -
                                                     ========    ========
Supplemental Cash Flow Information:
  Interest paid                                      $      -    $      -
                                                     ========    ========
Taxes paid                                           $      -    $      -
                                                     ========    ========
</Table>

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


                                      F-5
<PAGE>
                             VIABLE RESOURCES, INC.

                  STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY


<Table>
<Caption>
                                                                              Additional
                                   Common Stock                                Paid-In            Accumulated
                                      Shares               Amount              Capital              Deficit               Totals
                                   ------------            ------             ----------          -----------             ------
<S>                               <C>                     <C>                <C>                 <C>                     <C>

Balance - March 31, 1997            13,040,300            $130,403           $6,464,384            $(5,998,475)          $ 596,312
                                    ----------            --------           ----------           ------------           ---------
Net loss for year                        -                    -                   -                   (595,850)           (595,850)
                                    ----------            --------           ----------           ------------           ---------
Balance - March 31, 1998            13,040,300             130,403            6,464,384             (6,594,325)                462
                                    ----------            --------           ----------           ------------           ---------
Net loss for year                        -                    -                   -                       (384)               (384)
                                    ----------            --------           ----------           ------------           ---------
Balance - March 31, 1999            13,040,300             130,403            6,464,384             (6,594,709)                 78
                                    ----------            --------           ----------           ------------           ---------
Contributions to capital                 -                    -                  10,000                -                    10,000
Net loss for year                        -                    -                   -                     (3,165)             (3,165)
                                    ----------            --------           ----------           ------------           ---------
Balance - March 31, 2000            13,040,300             130,403            6,474,384             (6,597,874)              6,913
                                    ----------            --------           ----------           ------------           ---------
Issuance of stock for services      10,000,000             100,000              (90,000)               -                    10,000
Net loss for year                        -                    -                   -                    (16,913)            (16,913)
                                    ----------            --------           ----------           ------------           ---------
Balance - March 31, 2001            23,040,300            $230,403           $6,384,384            $(6,614,787)          $   -
                                    ----------            --------           ----------           ------------           ---------
Net income for the year                  -                    -                   -                    -                     -
                                    ----------            --------           ----------           ------------           ---------
Balance - March 31, 2002            23,040,300            $230,403           $6,384,384            $(6,614,787)          $   -
                                    ==========            ========           ==========           ============           =========
</Table>

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


                                      F-6

<PAGE>
                             Viable Resources, Inc.

                          Notes To Financial Statements
                                 March 31, 2002


Note 1 - Summary of Significant Accounting Policies:

Organization

         Viable Resources, Inc, (the "Company") was incorporated under the laws
of the state of Nevada on August 24, 1978. Since inception, the Company and its
wholly owned subsidiary has been engaged in the business of exploration,
development and production of mineral properties. During 1992 the Company ceased
operations and has since remained inactive.

         On February 29, 1984, the Company filed a voluntary petition under
Chapter XI of the United States Bankruptcy Code, in the United States Bankruptcy
Court, District of Wyoming. Previous Annual Reports on Form 10-SBK have detailed
the background of the filing and progress in the reorganization proceedings. On
February 18, 1987, the Bankruptcy Court confirmed the Company's "Plan of
Reorganization" ("Plan") which had been submitted to and approved by creditors.
On July 13, 1988, the Bankruptcy Court issued the final decree closing the case
of Viable Resources, Inc., No. 84-00138-B, pursuant to Rule 3022 of the
bankruptcy rules.

         The ability of Company to meet its obligations under the Plan depended
on the operational success under the agreement. The Company's share of the
revenues under the agreement was not sufficient to meet the payments to
creditors under the Plan and during 1990 became delinquent on the payments to
creditors.

         At the date of this report all remaining debt of the Company after
completion of the bankruptcy has been extinguished by the statute of
limitations.

Basis of Accounting

         The accompanying financial statements have been prepared on the accrual
basis of accounting in accordance with accounting principles generally accepted
in the United States.

Estimates

         The preparation of financial statements in conformity with accounting
principles generally accepted in the United States requires management to make
estimates and assumptions that affect certain reported amounts and disclosures.
Accordingly, actual results could differ from those estimates.

Cash and Cash Equivalents


                                      F-7


<PAGE>
         For purposes of the statement of cash flows, the Company considered all
cash and other highly liquid investments with initial maturities of three months
or less to be cash equivalents.

Net Loss per share

         Basic net loss per share is computed by dividing net loss by the
weighted average number of shares of common stock outstanding for the period,
less shares subject to repurchase.

Other Comprehensive Income

         The Company has no material components of other comprehensive income
(loss) and, accordingly, net loss is equal to comprehensive loss in all periods.


                                      F-8

<PAGE>
                             Viable Resources, Inc.

                  Notes To Financial Statements March 31, 2002

Note 2 - Income Taxes:

         The Financial Accounting Standards Board (FASB) has issued Statement of
Financial Accounting Standards Number 109 ("SFAS 109"), "Accounting for Income
Taxes", which requires a change from the deferred method to the asset and
liability method of accounting for income taxes. Under the asset and liability
method, deferred income taxes are recognized for the tax consequences of
"temporary differences" by applying enacted statutory tax rates applicable to
future years to differences between the financial statement carrying amounts and
the tax basis of existing assets and liabilities. The Company has deferred
income tax assets that have been fully reserved as follows: Deferred tax assets
Net operating loss carryforwards $ 6,614,787 Valuation allowance for deferred
tax assets (6,614,787) ----------- Net deferred tax assets $ - =========== At
March 31, 2002, the Company had net operating loss carryforwards of
approximately $6,614,787 for federal income tax purposes. These carryforwards,
if not utilized to offset taxable income begin to expire in 2002. Utilization of
the net operating loss may be subject to substantial annual limitation due to
the ownership change limitations provided by the Internal Revenue Code and
similar state provisions. The annual limitation could result in the expiration
of the net operating loss before utilization.

Note 3 - Going Concern:

         The accompanying financial statements have been prepared in conformity
with principles generally accepted in the United States, which contemplates
continuation of the Company as a going concern. The Company has no assets and a
retained deficit of $6,614,787 as of March 31, 2002. The future success of the
Company is likely dependent on its ability to attain additional capital to
develop its proposed products and ultimately, upon its ability to attain future
profitable operations. There can be no assurance that the Company will be
successful in obtaining such financing, or that it will attain positive cash
flow from operations.


                                      F-9