U.S. SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549

                                      FORM 10-QSB

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2002

                                           OR


[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM
______________ TO ______________


                          COMMISSION FILE NUMBER: 0-17345

                              W-J INTERNATIONAL, LTD.
          (Exact name of registrant as specified in its charter)

              Nevada                                   41-1578316
(State or jurisdiction of incorporation           (I.R.S. Employer
           or organization)                       Identification No.)

            23 Washburne Avenue, Paynesville, Minnesota           56362
             (Address of principal executive offices)          (Zip Code)

                 Registrant's telephone number:  (320) 243-3311

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

     Securities registered pursuant to Section 12(g) of the Act: Common
                         Stock, $0.001 Par Value

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

     As of December 31, 2002, the Registrant had 12,214,632 shares of
common stock issued and outstanding.

     Transitional Small Business Disclosure Format (check one): Yes  No  X.

                                TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION                                          PAGE

     ITEM 1.  FINANCIAL STATEMENTS

              BALANCE SHEET AS OF DECEMBER 31, 2002                        3

              STATEMENTS OF OPERATIONS
              FOR THE THREE MONTHS ENDED
              DECEMBER 31, 2002 AND DECEMBER 31, 2001                      4

              STATEMENTS OF CASH FLOWS
              FOR THREE MONTHS ENDED
              DECEMBER 31, 2002 AND DECEMBER 31, 2001                      5

              NOTES TO FINANCIAL STATEMENTS                                6

     ITEM 2.  PLAN OF OPERATION                                            7

     ITEM 3.  CONTROLS AND PROCEDURES                                     12

PART II - OTHER INFORMATION

     ITEM 1.  LEGAL PROCEEDINGS                                           13

     ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS                   13

     ITEM 3.  DEFAULTS UPON SENIOR SECURITIES                             13

     ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS         13

     ITEM 5.  OTHER INFORMATION                                           13

     ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K                            13

SIGNATURE                                                                 14

CERTIFICATION                                                             14

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCAL STATEMENTS.

                              W-J INTERNATIONAL, LTD.
                                   BALANCE SHEET
                                 DECEMBER 31, 2002
                                     (Unaudited)

                                       ASSETS

Current assets:
  Cash /cash equivalents                                          $         0
  Certificates of deposit                                              11,236
Total current assets                                                   11,236

Other assets:
  Notes receivable - related party                                          0
  AR Mastercraft                                                            0
Total other assets                                                          0

Total assets                                                           11,236

                     LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Short-term debt                                                       1,495
  Accounts Payable                                                      1,000
Total current liabilities                                               2,495

Long-term debt, net of current portion                                      0

Stockholders' equity:
  Common stock, $0.001 par value;
  500,000,000 shares authorized,
  12,214,632 shares issued and outstanding                            122,146
  Additional paid-in capital                                        2,274,840
  Accumulated deficit                                              (2,388,245)
Total stockholders' equity                                              8,741

Total liabilities and stockholders' equity                             11,236

                          See Notes to Financial Statements

                               W-J INTERNATIONAL, LTD.
                              STATEMENTS OF OPERATIONS
                                     (Unaudited)

                                                          Three Months Ended
                                                              December 31
                                                          2002          2001

Rental income:                                            $     0      $     0

Expenses:
  General and administrative                                  405        1,518
  Interest                                                    (67)        (289)
                                                              338        1,229
Income (loss) from continuing operations before
  discontinued operations                                    (338)       1,229)

Discontinued operations: Loss
  from discontinued operations                                  0            0

Net income (loss)                                            (338)      (1,229)

Weighted average common shares
  outstanding during period                            12,214,632   12,214,632

Net (loss) per share                                        (0.00)       (0.00)

                             See Notes to Financial Statements


                                   W-J INTERNATIONAL, LTD.
                                  STATEMENTS OF CASH FLOWS
                                         (Unaudited)

                                                          Three Months Ended
                                                              December 31
                                                          2002           2001
Cash Flows from Operating Activities:
  Net income (loss)                                       $   (338)    $(1,229)
  Adjustments to reconcile net (loss) to net cash
   flows from operating activities:
   Depreciation                                                  0           0
   Changes in:
   Certificates of deposit                                     (67)      4,008
   Notes receivables                                             0           0
   Notes receivables, forgiven in lieu
        of compensation                                          0           0
      Notes payables - trade                                     0           0
      Notes payables - related parties                           0           0
     Accounts payable                                       (1,090)          0

Net cash flows from operating activities                    (1,495)      2,779

Cash Flows from Investing Activities:
   Note Payable                                              1,495      (2,779)

Net cash flows from investing activities                     1,495      (2,779)

Cash Flows from Financing Activities:
   Proceeds from demand note payable                             0           0
   Principal payments on long-term debt                          0           0
   Principal payments on long-term debt                          0           0

Net cash flows from financing activities                         0           0

Net increase (decrease) in cash                                  0           0

Cash, beginning of period                                        0           0

Cash, end of period                                              0           0

                           See Notes to Financial Statements

                                W-J INTERNATIONAL, LTD.
                             NOTES TO FINANCIAL STATEMENTS
                                      (Unaudited)

NOTE 1.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The condensed balance sheet as of December 31, 2002 (unaudited) and
the related statements of operations and cash flows for the three
months ended December 31, 2002 & 2001 (unaudited) are enclosed.  In
the opinion of management of W-J International, Ltd., a Nevada
corporation ("Company"), all adjustments necessary for a fair
presentation of such financial statements have been included.  Such
adjustments consisted only of normal recurring items.

The financial statements and notes are presented as permitted by Form
10-QSB and contain certain information included in the Company's
annual financial statements and notes contained in the Form 10-KSB for
the fiscal year ended September 30, 2002.

NOTE 2.  STOCKHOLDERS' EQUITY

                                  (Audited)     Equity Changes     (Unaudited)
                                 September 30      Due to          December 31
                                    2002          Operation            2002

Number of Shares                 12,214,632                0        12,214,632

Common Stock                        122,146                0           122,146

Additional Paid-In Capital        2,274,840                0         2,274,840

Retained Earnings
(Accumulated Deficit)            (2,387,907)            (338)       (2,388,245)

Total                                 9,079           (1,427)            7,652

ITEM 2.  PLAN OF OPERATION.

     The following discussion should be read in conjunction with the
financial statements of the Registrant and notes thereto contained
elsewhere in this report.

Results Of Operations.

     Expenses for the three months ended December 31, 2002 decreased
to $405 from $1,518 for the three months ended December 31, 2001.  Net
loss for the three months ended December 31, 2002 decreased to a loss
of $338 from a loss of $1,229 for the three months ended December 31, 2001.

Liquidity and Capital Resources.

     The Company's working capital decreased to $8,741 at December 31,
2002 from $9,079 at September 30, 2002.  Since the Registrant has no
operations or plans for such, and because its administrative expenses
are minimal, management believes it has sufficient capital to fund the
Registrant's needs as it evaluates any options for future business
opportunities.

     To meet existing operating expenses, the Registrant, as needed,
secures short-term loans using specific certificates of deposit as
collateral.  By doing so, the Registrant maximizes its ability to
generate income as it has no other means of revenue.

Capital Expenditures.

     There were no capital expenditures during the quarter ended
December 31, 2002.

Twelve-Month Plan of Operation.

     The Registrant has no current plans to begin operations again,
and has no research and development initiatives underway.  It does,
however, continue to evaluate alternatives in order to improve the
Registrant's financial condition, including merger and acquisition
opportunities.

     The Registrant intends to take advantage of any reasonable
business proposal presented which management believes will provide the
Registrant 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 Registrant to incur
costs for payment of accountants, attorneys, and others.  If a
decision is made not to participate 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 Registrant of all
related costs incurred.

     Currently, management is not able to determine the time or
resources that will be necessary to locate and acquire or merge with a
business prospect.  There is no assurance that the Registrant will be
able to acquire an interest in any such prospects, products or
opportunities that may exist or that any activity of the Registrant,
regardless of the completion of any transaction, will be profitable.

     If and when the Registrant locates a business opportunity,
management of the Registrant will give consideration to the dollar
amount of that entity's profitable operations and the adequacy of its
working capital in determining the terms and conditions under which
the Registrant would consummate such an acquisition.  Potential
business opportunities, no matter which form they may take, will most
likely result in substantial dilution for the Registrant's
shareholders due to the issuance of stock to acquire such an opportunity.

Risk Factors Connected with Plan of Operation.

(a)  Limited Prior Operations, History of Operating Losses, and
Accumulated Deficit May Affect Ability of Registrant to Survive.

     The Registrant has had limited prior operations to date.  Since
the Registrant's principal activities to date have been limited to
organizational activities, and seeking new business ventures, it has
no recent record of any revenue-producing operations.  Consequently,
there is only a limited operating history upon which to base an
assumption that the Registrant will be able to achieve its business
plans.  In addition, the Registrant has only limited assets.  As a
result, there can be no assurance that the Registrant will generate
significant revenues in the future; and there can be no assurance that
the Registrant will operate at a profitable level.  Accordingly, the
Registrant's prospects must be considered in light of the risks,
expenses and difficulties frequently encountered in connection with
the establishment of a new business.

     The Registrant has incurred losses from operations: $104,298 for
the fiscal year ended September 30, 2001, $17,788 for the fiscal year
ended September 30, 2002, and $338 for the three months ended December
31, 2002.  At December 31, 2002, the Registrant had an accumulated
deficit of $2,388,245.  This raises substantial doubt about the
Registrant's ability to continue as a going concern.

     As a result of the fixed nature of many of the Registrant's
expenses, the Registrant may be unable to adjust spending in a timely
manner to compensate for any unexpected delays in the development and
marketing of the Registrant's products or any capital raising or
revenue shortfall.  Any such delays or shortfalls will have an
immediate adverse impact on the Registrant?s business, operations and
financial condition.

(b)  Need for Additional Financing May Affect Operations and Plan of
Business.

     The working capital requirements associated with any adopted plan
of business of the Registrant may be significant.  The Registrant
anticipates, based on currently proposed assumptions relating to its
operations (including with respect to costs and expenditures and
projected cash flow from operations), that it must seek financing to
continue its operations (an amount which is as yet to be determined.
However, such financing, when needed, may not be available, or on
terms acceptable to management.  In the event that the Registrant's
plans change or its assumptions change (due to unanticipated expenses,
technical difficulties, or otherwise), the Registrant would be
required to seek additional financing sooner than currently
anticipated or may be required to significantly curtail or cease its
operations.  Regardless of whether the Registrant's cash assets prove
to be inadequate to meet the Registrant's operational needs, the
Registrant might seek to compensate providers of services by issuance
of stock in lieu of cash.

     If funding is insufficient at any time in the future,  the
Registrant may not be able to take advantage of business opportunities
or respond to competitive pressures, any of which could have a
negative impact on the business, operating results and financial
condition.  In addition, if additional shares were issued to obtain
financing, current shareholders may suffer a dilutive effect on their
percentage of stock ownership in the Registrant.

(c)  Control by Officers and Directors Over Affairs of the Registrant
May Override Wishes of Other Stockholders.

     The Registrant officers and directors currently own common stock
equal to approximately 59% of the outstanding shares of the
Registrant's common stock.  As a result, such persons, acting
together, have the ability to exercise significant influence over all
matters requiring stockholder approval.  In addition, all decisions
with respect to the management of the Registrant will be made
exclusively by the officers and directors of the Registrant.
Investors will only have rights associated with stockholders to make
decisions that affect the Registrant.  Accordingly, it could be
difficult for the investors hereunder to effectuate control over the
affairs of the Registrant.

     Therefore, the success of the Registrant, to a large extent, will
depend on the quality of the directors and officers of the company.
Accordingly, no person should invest in the Registrant unless he is
willing to entrust all aspects of the management of the company to the
officers and directors.

(d)  Loss of Any of Current Management Could Have Adverse Impact on
Business and Prospects for Registrant.

     The Registrant's success is dependent upon the hiring of key
administrative personnel.  None of the Registrant's officers,
directors, and key employees has an employment agreement with the
Registrant; therefore, there can be no assurance that these personnel
will remain employed by the Registrant after the termination of such
agreements.  Should any of these individuals cease to be affiliated
with the Registrant for any reason before qualified replacements could
be found, there could be material adverse effects on the Registrant?s
business and prospects.  In addition, management has no experience is
managing companies in the same business as the Registrant.

(e)  Limitations on Liability, and Indemnification, of Directors
and Officers May Result in Expenditures by Registrant.

     The Delaware General Corporation Law provides for permissive
indemnification of officers and directors and the Registrant may
provide indemnification under such provisions.  Any indemnification of
directors, officer, or employees, could result in substantial
expenditures being made by the Registrant in covering any liability of
such persons or in indemnifying them.

(f)  Potential Conflicts of Interest May Affect Ability of Officers
and Directors to Make Decisions in the Best Interests of Registrant.

     The officers and directors have other interests to which they
devote time, either individually or through partnerships and
corporations in which they have an interest, hold an office, or serve
on boards of directors, and each will continue to do so
notwithstanding the fact that management time may be necessary to the
business of the Registrant. As a result, certain conflicts of interest
may exist between the Registrant and its officers and/or directors
that may not be susceptible to resolution.  All of the potential
conflicts of interest will be resolved only through exercise by the
directors of such judgment as is consistent with their fiduciary
duties to the Registrant.  It is the intention of management, so as to
minimize any potential conflicts of interest, to present first to the
board of directors to the Registrant, any proposed investments for its
evaluation.

(g)  Non-Cumulative Voting May Affect Ability of Shareholders to
Influence Registrant Decisions.

     Holders of the shares are not entitled to accumulate their votes
for the election of directors or otherwise. Accordingly, the holders
of a majority of the shares present at a meeting of shareholders will
be able to elect all of the directors of the Registrant, and the
minority shareholders will not be able to elect a representative to
the Registrant's board of directors.

(h)  Absence of Cash Dividends May Affect Investment Value of
Registrant's Stock.

     The board of directors does not anticipate paying cash dividends
on the shares for the foreseeable future and intends to retain any
future earnings to finance the growth of the Registrant's business.
Payment of dividends, if any, will depend, among other factors, on
earnings, capital requirements, and the general operating and
financial condition of the Registrant, and will be subject to legal
limitations on the payment of dividends out of paid-in capital.

(i)  No Assurance of Continued Public Trading Market and Risk of Low
Priced Securities May Affect Market Value of Registrant's Stock.

     There has been only a limited public market for the common stock
of the Registrant.  The common stock of the Registrant is not
currently traded on any exchange.  As a result, an investor may find
it difficult to dispose of, or to obtain accurate quotations as to the
market value of the Registrant's securities. In addition, the common
stock is subject to the low-priced security or so called "penny stock"
rules that impose additional sales practice requirements on broker-
dealers who sell such securities.  The Securities Enforcement and
Penny Stock Reform Act of 1990 requires additional disclosure in
connection with any trades involving a stock defined as a penny stock
(generally, according to recent regulations adopted by the U.S.
Securities and Exchange Commission, any equity security that has a
market price of less than $5.00 per share, subject to certain
exceptions), including the delivery, prior to any penny stock
transaction, of a disclosure schedule explaining the penny stock
market and the risks associated therewith.   The regulations governing
low-priced or penny stocks sometimes limit the ability of broker-
dealers to sell the Registrant's common stock and thus, ultimately,
the ability of the investors to sell their securities in the secondary
market.

(j)  Shares Eligible For Future Sale.

     All of the 7,155,500 shares of common stock that are currently
held, directly or indirectly, by management have been issued in
reliance on the private placement exemption under the Securities Act
of 1933.  Such shares will not be available for sale in the open
market without separate registration except in reliance upon Rule 144
under the Securities Act of 1933.  In general, under Rule 144 a person
(or persons whose shares are aggregated) who has beneficially owned
shares acquired in a non-public transaction for at least one year,
including persons who may be deemed affiliates of the Registrant (as
that term is defined under that rule) would be entitled to sell within
any three-month period a number of shares that does not exceed the
greater of 1% of the then outstanding shares of common stock, or the
average weekly reported trading volume during the four calendar weeks
preceding such sale, provided that certain current public information
is then available.  If a substantial number of the shares owned by
these shareholders were sold pursuant to Rule 144 or a registered
offering, the market price of the common stock could be adversely affected.

Forward Looking Statements.

     The foregoing Plan of Operation contains "forward looking
statements" within the meaning of Rule 175 of the Securities Act of
1933, as amended, and Rule 3b-6 of the Securities Act of 1934, as
amended, including statements regarding, among other items, the
Registrant's business strategies, continued growth in the Registrant's
markets, projections, and anticipated trends in the Registrant's
business and the industry in which it operates.  The words "believe,"
"expect," "anticipate," "intends," "forecast," "project," and similar
expressions identify forward-looking statements.  These forward-
looking statements are based largely on the Registrant's expectations
and are subject to a number of risks and uncertainties, certain of
which are beyond the Registrant's control.  The Registrant cautions
that these statements are further qualified by important factors that
could cause actual results to differ materially from those in the
forward looking statements, including, among others, the following:
reduced or lack of increase in demand for the Registrant's products,
competitive pricing pressures, changes in the market price of
ingredients used in the Registrant's products and the level of
expenses incurred in the Registrant's operations.  In light of these
risks and uncertainties, there can be no assurance that the forward-
looking information contained herein will in fact transpire or prove
to be accurate.  The Registrant disclaims any intent or obligation to
update "forward looking statements."

ITEM 3.  CONTROLS AND PROCEDURES.

Controls and Procedures.

(a)  Evaluation of disclosure controls and procedures.

     Within the 90 days prior to December 31, 2002, the Registrant
carried out an evaluation of the effectiveness of the design and
operation of its disclosure controls and procedures pursuant to Rule
13a-14 under the Securities Exchange Act of 1934 ("Exchange Act").
This evaluation was done under the supervision and with the
participation of the Registrant's President.  Based upon that
evaluation, they concluded that the Registrant's disclosure controls
and procedures are effective in gathering, analyzing and disclosing
information needed to satisfy the Registrant's disclosure obligations
under the Exchange Act.

(b)  Changes in internal controls.

     There were no significant changes in the Registrant's internal
controls or in its factors that could significantly affect those
controls since the most recent evaluation of such controls.

Critical Accounting Policies.

     The Securities and Exchange Commission recently issued Financial
Reporting release No. 60, "Cautionary Advice Regarding Disclosure
About Critical Accounting Policies" ("FRR 60"), suggesting companies
provide additional disclosure and commentary on their most critical
accounting policies.  In FRR 60, the SEC defined the most critical
accounting policies as the ones that are most important to the
portrayal of a company's financial condition and operating results,
and require management to make its most difficult and subjective
judgments, often as a result of the need to make estimates of matters
that are inherently uncertain.  Based on this definition, the
Registrant's most critical accounting policies include: non-cash
compensation valuation that affects the total expenses reported in the
current period.  The methods, estimates and judgments the Registrant
uses in applying these most critical accounting policies have a
significant impact on the results the Registrant reports in its
financial statements.

PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

     None.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS.

     None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

     Not Applicable.

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

     None

ITEM 5.  OTHER INFORMATION.

     With the filing of Articles of Merger with the Nevada Secretary
of State on October 24, 2002, the Registrant changed its domicile from
Delaware to Nevada.  This occurred after the old company and the new
Nevada corporation had entered into an Agreement and Plan of Merger
(see Exhibit 2 to this Form 10-QSB).  With this redomicile, the number
of authorized shares of common stock was increased from 20,000,000 to
500,000,000, the par value of the common stock was changed from $0.01
to $0.001, and no preferred shares were authorized.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.

Exhibits.

     Exhibits included or incorporated by reference herein are set
forth in the attached Exhibit Index.

Reports on Form 8-K.

     The Registrant filed the following reports on Form 8-K during the
first quarter of the fiscal year covered by this Form 10-QSB:

(a)  A Form 8-K filed on December 16, 2002 to report a change in
the certifying accountant for the Registrant from Smith & Company
to George Brenner, C.P.A.

(b)  An amended Form 8-K filed on December 23, 2002 to include as
an exhibit the letter from Smith & Company agreeing with the
statements concerning our that firm in this filing.

                                     SIGNATURE

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

                                            W-J International, Ltd.


Dated:  April 25, 2003                      By: /s/  Edward H. Webb
                                            Edward H. Webb, President

                                   CERTIFICATION

I, Edward H. Webb, certify that:

1.  I have reviewed this quarterly report on Form 10-QSB of W-J
International, Ltd.;

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

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

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

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

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

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

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

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

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

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


Dated:  April 25, 2003                      By: /s/  Edward H. Webb
                                            Edward H. Webb, President


                                   EXHIBIT INDEX

Number                         Description

2     Agreement and Plan of Merger between the Registrant and W-J
      International, Ltd., a Delaware corporation, dated December
      1, 2001 (incorporated by reference to Exhibit 2 of the Form
      10-KSB/A filed on April 28, 2003).

3.1   Articles of Incorporation of the Registrant, dated December
      20, 2001 (incorporated by reference to Exhibit 3.1 of the
      Form 10-KSB/A filed on April 28, 2003).

3.2   Bylaws of the Registrant, dated January 15, 2003
      (incorporated by reference to Exhibit 3.2 of the Form 10-
      KSB/A filed on April 28, 2003).

4.1   Specimen Common Stock Certificate (incorporated by reference
      to Exhibit 4.1 of the Form 10-KSB for the fiscal year ended
      September 30, 1993).

4.2   The Registrant's 1988 Stock Option Plan and form of option
      agreements issued pursuant to the plan (incorporated by
      reference to Exhibit 10.12 to of the Registration Statement
      on Form S-4 filed on February 29, 1989).

10    Promissory Note issued by the Registrant in favor of Koronis
      Parts, Inc., dated November 18, 1998 (incorporated by
      reference to Exhibit 10.3 of the Form 10-KSB for the fiscal
      year ended September 30, 1998).

99    Certification Pursuant to Section 906 of the Sarbanes-Oxley
      Act of 2002 (18 U.S.C. Section 1350) (see below).