SECURITIES  AND  EXCHANGE  COMMISSION
                               WASHINGTON,  D.C.  20549

                                   FORM  10-KSB/A
                                  Amendment No. 1

(X)      Annual  Report Under Section 13 or 15(d) of the Securities Exchange Act
         of  1934

         For  the  Fiscal  Year  Ended  June  30,  2002

( )      Transaction Report Under Section 13 or 15(d) of Securities Exchange Act
         of  1934

         For  the  transition  period  from  ______  to  ______

Commission  File  Number:  2-78287-NY

                                  VIROPRO, INC.
(Exact  Name  of  Small  Business  Registrant  as  Specified  in  its  Charter)

             NEVADA                                       65-0645502
(State  or  other  jurisdiction  of               (IRS  Employer  Identification
 Incorporation  or  Organization)                         Number)

             3163  Kennedy  Boulevard,  Jersey  City,  New  Jersey  07306
                  (Address  of  Principal  Executive  Offices)

Registrant's  Telephone  Number: 201-217-4137

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

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

     Common  Stock,  $.001  par  value.

Indicate  by  check  mark whether the Registrant (1) has filed all documents and
reports  to  be  filed  by Section 13 or 15(d) of the Securities Exchange Act of
1934  during  the past 12 months (or 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  ( )        No  (X)

Indicate  by  check  mark if no disclosure of delinquent filers pursuant to Item
405  of  Regulation  S-B  is  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.   [X]

State  Registrant's  revenues  for  its  most  recent  fiscal  year:     $0

State  the  aggregate  market  value  of the voting stock held by non-affiliates
computed  by  reference to the price at which the stock was sold, or the average
bid  and  asked  prices  of  such  stock,  as  of  June 30, 2002: $73,247

APPLICABLE  ONLY  TO  CORPORATE  REGISTRANTS

The  number of shares outstanding of the Registrant's sole class of Common Stock
as  of  June 30,  2002  was  7,324,749.

DOCUMENTS  INCORPORATED  BY  REFERENCE:  See  PART  III,  Item  13

Transitional  Small Business Disclosure Format (check one):     Yes ( )  No  (X)
<PAGE>  1
FORWARD-LOOKING  STATEMENTS

This  Report  on  Form 10-KSB contains certain forward-looking statements. These
forward  looking  statements  include  statements  regarding  (i)  research  and
development  plans,  marketing  plans,  capital and operations expenditures, and
results  of  operations;  (ii) potential financing arrangements; (iii) potential
utility  and  acceptance of the Registrant's existing and proposed products; and
(iv)  the  need  for,  and  availability  of,  additional  financing.

The forward-looking statements included herein are based on current expectations
and  involve  a  number  of  risks   and  uncertainties.  These  forward-looking
statements  are  based  on  assumptions  regarding  the  business of Interactive
Multimedia  Network, Inc., the ("Company"), which involve judgments with respect
to,  among  other  things, future economic and competitive conditions and future
business  decisions,  all  of  which  are  difficult  or  impossible  to predict
accurately and many of which are beyond the control of the Company. Although the
Company  believes that the assumptions underlying the forward looking statements
are  reasonable,  any  of the assumptions could prove inaccurate and, therefore,
actual results may differ materially from those set forth in the forward-looking
statements.













(This  space  left  intentionally  blank.)




























<PAGE>  2
                                    VIROPRO,  INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

                                TABLE  OF  CONTENTS

     PART  I                                                               PAGE

ITEM  1.     DESCRIPTION  OF  BUSINESS                                      4
ITEM  2.     DESCRIPTION  OF  PROPERTY                                      5
ITEM  3.     LEGAL  PROCEEDINGS                                             5
ITEM  4.     SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS    5

     PART  II

ITEM  5.     MARKET  FOR  REGISTRANT'S  COMMON  EQUITY  AND  RELATED
             STOCKHOLDER  MATTERS                                           5

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

ITEM  7.     FINANCIAL  STATEMENTS                                          8

ITEM  8.     CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
             AND  FINANCIAL  DISCLOSURE                                     17


     PART  III


ITEM  9.     DIRECTORS  AND  EXECUTIVE  OFFICERS  OF  THE  REGISTRANT       17

ITEM  10.    EXECUTIVE  COMPENSATION                                        19

ITEM  11.    SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS
             AND  MANAGEMENT                                                19

ITEM  12.    CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS             19

     PART  IV


ITEM  13.    EXHIBITS,  FINANCIAL  STATEMENT  SCHEDULES,  AND  REPORTS
             ON  FORM  8-K                                                  20

SIGNATURES                                                                  21
















<PAGE>  3
                                  VIROPRO, INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

                                     PART  I

Item  1.  Description  of  Business

Background

     During  the  nine  months  ended  March  31, 1998 the Company conducted its
business  as  Food  Concepts, Inc.  Its primary business activity was retail and
wholesale  sales of gourmet and specialty coffees.  Food Concepts was a roaster,
packer  and  seller  of  roasted  coffees and produced over 70 flavored coffees.

     On  March 31, 1998, the Company divested itself of its coffee operations by
spinning  off  this  business operation  to  It's Coffee Lovers, Inc.,  a Nevada
corporation. On this same date, the Company acquired Insecta Sales and Research,
Inc.  Effective  with  this acquisition the Company changed its name to Viropro,
Inc.  Also  on  this date, the entire management of the Company changed with the
resignations of Herb and Francis Glaubman and the appointment of Donald Grummer,
as  President;  and  Pat  Quinlan as Vice President.

     From  March 31, 1998 through the fiscal year ended June 30, 2002, Viropro's
sole  operational  division is Insecta Sales and Research, Inc., which markets a
line  of  insecticide products  under  the  brand  name  Insecta.  The change in
business  focus manifested through the acquisition of Insecta allows the Company
to  effectively  develop  and  aggressively  market high quality, preemptive and
efficacious  insect  control  products  which  are  marketed  to  consumers  and
industrial  users  and  insect  control  professionals.

     Viropro,  owns  the  EPA  registered proprietary insecticide coating system
(EPA  registration  numbers  45600-1  through  18.)

    The Company received  notification  from the EPA  (Environmental  Protection
Agency) that the active ingredient in the  Company's products would be no longer
available for sale for consumer or professional use effective December 2001. The
Company had until  that date  to  sell  its  inventory  of  products  containing
this ingredient. The Company has written off its inventory and has substantially
curtailed its  operations.  The Company is cognizant of the fact that it will in
all likelihood be unable to find a replacement active  ingredient to use with in
its Insecta  brand  products.  It  is  therefore  actively looking  for  revenue
producing acquisition targets in diverse business areas in an effort  to provide
a potential of continued  shareholder value.  No potential  acquisition  targets
have been found as of this date and  there can be no guarantees  that a suitable
company can be found.


On October 16, 2002, the Company assigned all of its rights, title and interests
of its  wholly-owned  subsidiary Insecta  Sales & Research, Inc.  to Prime  Time
Insects,  Inc.  (A  Bahamian   Corporation)  owned   by  a  related  party.   In
consideration for these assets and the use of  the "Insecta" name and  abandoned
EPA registration, "Prime Time" will assume in its entirety the accounts  payable
of $210,125 of Insecta Sales & Research, Inc.








<PAGE>  4
                                  VIROPRO, INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

Employees

     The Company has no employees.

Item  2.  Description  of  Property

The Company  presently maintains  its corporate offices  in a 1,000 square foot
location in Jersey City, New Jersey.  This space is provided  to the Company by
an unaffiliated third party. There is no lease, cost or exchange by the Company
for the space. Management believes that these facilities provide adequate space
for its operations  and that should  the need arise  it would be able  to lease
additional or replacement space.

Item  3.  Legal  Proceedings

     The  Company  is  not  a  party  to  any  legal  proceeding.

Item  4.  Submission  of  Matters  to  Vote  of  Security  Holders

     No  matter  was  submitted  to a vote of security holders during the fourth
quarter  of  fiscal  year  2002.

                                    Part  II

Item  5.  Market  for  Common  Equity  and  Related  Stockholder  Matters

     The  Company's  Common  Stock  is  traded  on  the  Pink  Sheets  under the
symbol  "VROP".

     On  October  25,  1995 Granite, Ltd. the predecessor of Food Concepts, Inc.
acquired  all  of  the  outstanding  stock  of Savon Coffee, Inc. for 20,000,000
shares  of  Granite common stock $.0001 par value which was subsequently reverse
split  one  for  ten  leaving  2,000,000  shares  $.001  par  value  which  then
constituted  approximately  85.6 percent of the corporation. Granite reserved or
issued  outstanding securities in consideration for the conveyance of all shares
of  Savon  stock which then constituted 100 percent of Savon's authorized issued
and  outstanding  securities.  In  conjunction  therewith  the   Certificate  of
Incorporation  of  Granite  was amended affecting a one for ten reverse split of
the corporations common stock $.0001 par value (converting the 50,000,000 shares
then  authorized  into 5,000,000 shares, $.001 par value, and the 3,327,300 then
outstanding  into  332,700  shares, $.0001 par value, followed by an increase in
the resulting authorized capitalization of Granite from 5,000,000 shares, $.0001
par  value  to  20,000,000, $0001 par value.  Subsequent thereto the name of the
Company  was  changed  from  Granite,  Ltd.  to  Savon  Coffee,  Inc.  a  Nevada
corporation  and  said Savon subsequently had its name changed to Food Concepts,
Inc.  a  Nevada  corporation  on  March  26, 1996.  Effective March 31, 1998 the
Company  changed  its  name to  Viropro, Inc.  The common stock is traded in the
pink sheets.  There is no other established market for the Company's securities.

The following table sets forth the range  of  high  and low bid  prices for  the
Company's common stock as quoted by the pink sheets.  These quotations set forth
below represent  prices between dealers in  securities and do not reflect retail
markups,  markdowns,  or  commissions  and do not necessarily  represent  actual
transactions.




<PAGE>  5
                                    VIROPRO, INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

                                          SHARES  OVER  THE  COUNTER

                                        LOW               HIGH
QUARTER  ENDING                         BID               BID
------------------------------------    ---------         ---------
June 30, 2000                             $0.01              $0.04
September 30, 2000                        $0.01              $0.01
December 31, 2000                         $0.01              $0.01
March 31, 2001                            $0.01              $0.01
June 30, 2001                             $0.01              $0.01
September 30, 2001                        $0.005             $0.005
December 31, 2001                         $0.004             $0.005
March 31, 2002                            $0.005             $0.006
June 30, 2002                             $0.005             $0.02

     As  of June 30, 2002 there were in excess of 540 shareholders (based on the
number  of  shareholders  of  record  and  an  approximation  of  the  number of
beneficial  owners  of common  stock).  Holders of  common stock are entitled to
dividends  when,  as,  and  if  declared  by the Board of Directors out of funds
legally available therefore.  The Company has not paid any cash dividends on its
common  stock and, for the immediate future, intends to retain earnings, if any,
to  finance  development and expansion of its business.  Future dividends policy
is  subject  to  the  discretion  of  the  Board  of  Directors.

    In  general,  under  Rule  144,  as  currently  in  effect,  subject  to the
satisfaction  of  certain  other conditions, a person, including an affiliate of
the  Company  (in  general,  a  person  who  has a control relationship with the
Company) who has owned restricted securities of common stock beneficially for at
least  one  year is entitled to sell, within any three-month period, that number
of  shares  of a class of securities that does not exceed the greater of (i) one
percent  (1%)  of the  shares  of that class then outstanding or, if  the common
stock is quoted on NASDAQ,  (ii) the average weekly trading volume of that class
during the four calendar  weeks  preceding  such sale. A person who has not been
an affiliate of the Company for at least the three months immediately  preceding
the sale and has beneficially owned shares of common stock for at  least two (2)
years is entitled to  sell  such shares under  Rule 144 without regard to any of
the  limitations  described  above.


Item  6.  Management's  Discussion  and  Analysis  or  Plan  of  Operation

     The  following  discussion  and analysis should be read in conjunction with
the  Financial  Statements  appearing  elsewhere  in  this  report.















<PAGE>  6
                                  VIROPRO, INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

RESULTS  OF  OPERATIONS

TWELVE  MONTHS  ENDED  JUNE  30,  2002  AND  2001

During  the  twelve  month  period  ending June 31, 2002, the Company incurred a
loss  of $58,320  compared to a  loss of $58,320 for the same period  ended June
30,  2001.  Losses reflect the continuing interest on loans payable.

REVENUES
During the twelve month period ending June 30, 2002, the Company's revenues were
zero  dollars  the  same as during  for the  fiscal year  ended  June 30,  2001.
Revenue from sales  activities are  recognized when  the  product  is shipped to
the client.  Revenue is totally dependant on the  Company's ability  to sell and
distribute its products.

The  Company  received  notification  from  the  EPA  (Environmental  Protection
Agency) that the active ingredient in the  Company's products will be  no longer
available for sale for consumer or professional use effective December 2001.  In
voluntary cooperation with the ruling,  the company  elected to cease new  sales
after receipt of the notification and has generated no revenue since that time.

OPERATING  EXPENSES

During the twelve months ended June 30, 2002, the Company incurred  zero dollars
in operating expenses, the same during the previous fiscal year.  This  decrease
reflects  the  cessation of sales due to the EPA ruling.

MATERIAL  CHANGES  IN  FINANCIAL  CONDITION,  LIQUIDITY  AND  CAPITAL  RESOURCES

At June 30, 2002, as well as at June 30, 2001, the Company had no cash  and cash
equivalents.  Company operations are not generating sufficient cash  to maintain
operations.  The Company's cash resources were determined entirely on the volume
of  sales  and  services  generated.   The  Company reviewed  all  non-essential
activities and expenditures and  aggressively curtailed these items to assist in
reducing  the cash  used in operating  activities.  To cover  expenditures,  the
Company  borrowed  $583,200  from a  shareholder.  This  loan  is a demand  note
bearing a 10% interest rate.

The Company  has  written  off  its inventory  and  has substantially  curtailed
its  operations.  The Company is cognizant of  the  fact  that  it  will in  all
likelihood be unable to find a replacement active  ingredient to use with in its
Insecta brand products.  It is therefore  actively looking for revenue producing
acquisition  targets  in  diverse  business  areas  in  an  effort to  provide a
potential for continued shareholder value.

No potential acquisition targets have been found as of this date and  there  can
be no guarantees that a suitable company can be found.











<PAGE>  7
                                  VIROPRO, INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

Item  7.  Financial  Statements










                    VIROPRO, INC. AND ITS WHOLLY-OWNED SUBSIDIARY
                         CONSOLIDATED FINANCIAL STATEMENTS
                            JUNE 30, 2002 AND 2001





                                 VIROPRO, INC.








                              TABLE OF CONTENTS


                                                                   PAGE


REPORT OF CERTIFIED PUBLIC ACCOUNTANTS
  ON THE FINANCIAL STATEMENTS1

FINANCIAL STATEMENTS

   CONSOLIDATED BALANCE SHEET                                       2
   CONSOLIDATED STATEMENT OF OPERATIONS                             3
   CONSOLIDATED STATEMENT OF SHOCKHOLDERS' EQUITY (DEFICIENCY)      4
   CONSOLIDATED STATEMENT OF CASH FLOWS                             5
   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                    6-10














<page>  8
                             BAUM & COMPANY, P.A.
                         CERTIFIED PUBLIC ACCOUNTANTS
                       1515 UNIVERSITY DRIVE - SUITE 209
                         CORAL SPRINGS, FLORIDA  33071
                                (954) 752-1712


                         INDEPENDENT AUDITORS' REPORT


To the Stockholders of Viropro, Inc.
Jersey City, New Jersey

We  have  audited  the accompanying consolidated balance sheet of Viropro, Inc.
and  its  wholly-owned   subsidiary  as  of  June  30,  2002  and  the  related
consolidated statements of  operations,  stockholders'  equity (deficiency) and
cash  flows  for  the  years ended June 30, 2002 and 2001.  These  consolidated
financial statements are  the  responsibility of the Company's management.  Our
responsibility  is  to  express an  opinion  on  these  consolidated  financial
statements based on our audit.

We  conducted  our  audits in  accordance  with  auditing  standards  generally
accepted in the United States of America.  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.

The accompanying  financial  statements  have  been  prepared assuming that the
Company will continue as a going concern.  As discussed  in Note 2, the Company
is  experiencing  difficulty  in generating sufficient cash flow  to  meet  its
necessary  capital  requirements  and  sustain  its  operations,  which  raises
substantial doubt about  its  ability  to  continue  as  a  going concern.  The
financial statements do not include any adjustments that might  result from the
outcome of this uncertainty.

In our opinion, the consolidated financial statements referred to above present
fairly,   in  all  material  respects,  the consolidated financial position  of
Viropro, Inc.and its wholly-owned  subsidiary   as  of   June 30, 2002  and the
results of its operations and cash flows for the years ended  June 30, 2002 and
2001 in conformity with accounting principles generally accepted  in the United
States of America.

/s/ BAUM & COMPANY, P.A.

Coral Springs, Florida
September  25, 2002, except for Note 7 and 8
as to which the date is November 8, 2002











<PAGE> 9
                   VIROPRO, INC. AND ITS WHOLLY-OWNED SUBSIDIARY
                                 BALANCE SHEET
                                 JUNE 30, 2002

                                    ASSETS



Current Assets
   Cash                                                   $         -0-
                                                          --------------
Total Current Assets                                                -0-
                                                          --------------
      Total Assets                                        $         -0-

                                                          ==============


               LIABILITIES & SHAREHOLDERS' EQUITY (DEFICIENCY)

Current Liabilities
   Accounts payable - trade                               $     210,125
   Accrued interest - related party                             239,006
   Notes payable - related party                                583,200
                                                          --------------
      Total Current Liabilities                               1,032,331
                                                          --------------
      Total Liabilities                                       1,032,331

Shareholders' Equity (Deficiency)
  Common stock - $.001 par value;
     authorized 50,000,000; issued and
     outstanding  7,474,749 shares                                7,475

   Additional Paid-In-Capital                                 1,102,584
   Accumulated Deficit                                       (2,142,390)
                                                          --------------
      Total Stockholders' Equity (Deficiency)                (1,032,331)
                                                          --------------
         Total Liabilities & Shareholders'
          Equity (Deficiency)                             $         -0-
                                                          ==============


















See accompanying notes to consolidated financial statements.

<page>  10
               VIROPRO, INC. AND ITS WHOLLY-OWNED SUBSIDIARY
                         STATEMENT OF OPERATIONS
                        FOR THE YEARS ENDED JUNE 30,



                                                        2002           2001
                                                   -------------  -------------
Sales (net)                                        $         -0-  $         -0-
Cost of sales                                                -0-            -0-
                                                   -------------  -------------
Gross profit                                                 -0-            -0-
                                                   -------------  -------------

Operating Expenses:


  Selling, general and administrative                        -0-            -0-
                                                   -------------  -------------
  Income (loss) other expense                                -0-            -0-
                                                   -------------  -------------
Other expenses

  Interest (expense) - related party                    (58,320)       (58,320)
                                                   -------------  -------------
     Total interest                                     (58,320)       (58,320)
                                                   -------------  -------------

Net Loss before provision for income taxes              (58,320)       (58,320)

Provision for income taxes                                   -0-            -0-
                                                   -------------  -------------
Net loss                                           $    (58,320)  $    (58,320)
                                                   =============  =============



Income (loss) per common share                     $      (.008)  $      (.008)
                                                   =============  =============

Weighted average common shares outstanding            7,474,749      7,474,749
                                                   =============  =============


















See accompanying notes to consolidated financial statements.

<page>  11
                 VIROPRO, INC. AND ITS WHOLLY-OWNED SUBSIDIARY
                STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIENCY)
              FOR THE YEARS ENDED JUNE 30, 2002 AND JUNE 30, 2001



                                COMMON STOCK          ADDITIONAL
                          --------------------------  PAID-IN      ACCUMULATED
                             SHARES       AMOUNT      CAPITAL       DEFICIT
                          ------------  ------------  ------------  ------------
Balance June 30, 2000       7,474,749   $     7,475   $ 1,102,584   $(2,025,750)
Net (loss)-June 30, 2001          -             -             -         (58,320)
                          ------------  ------------  ------------  ------------

Balance June 30, 2001       7,474,749   $     7,475   $ 1,102,584   $(2,084,070)
Net (loss)-June 30, 2002          -             -             -         (58,320)
                          ------------  ------------  ------------  ------------
Balance June 30, 2002       7,474,749   $     7,475   $ 1,102,584   $(2,142,390)
                          ============  ============  ============  ============









































See accompanying notes to consolidated financial statements.

<page>  12
                 VIROPRO, INC. AND ITS WHOLLY-OWNED SUBSIDIARY
                            STATEMENT OF CASH FLOWS
                          FOR THE YEARS ENDED JUNE 30,

                                                        2002           2001
                                                   -------------  -------------
Cash Flows From Operations:

   Net Loss                                        $    (58,320)  $    (58,320)


Adjustments to Reconcile Net Income To Net Cash
  Used for Operating Activities:

 Changes in Assets and Liabilities:
   Increase accrued expenses                             58,320         58,320
                                                   -------------  -------------
      Net Cash Used in Operations                            -0-           -0-
                                                   -------------  -------------

Net Increase (Decrease) in Cash                              -0-           -0-
Cash  - Beginning of Period                                  -0-           -0-
                                                   -------------  -------------
Cash  - End of Period                              $         -0-  $        -0-
                                                   =============  =============

Supplemental Cash Flow Information:

   Interest Expense Paid                           $         -0-  $        -0-
   Interest Taxes Paid                             $         -0-  $        -0-






























See accompanying notes to consolidated financial statements.

<PAGE>  13
                                VIROPRO, INC.
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            JUNE 30, 2002 AND 2001

NOTE 1 - BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     A.  BUSINESS DESCRIPTION AND ACTIVITY

         Viropro, Inc. (fka Food Concepts, Inc.) was organized under  the  laws
         of  the  State  of  Nevada  on June 16, 1982.  On October 27, 1995 the
         Company reorganized and acquired  Savon Coffee, Inc. as a wholly owned
         subsidiary.   On  January 1, 1996, the  Company  acquired  Palm  Beach
         Gourmet Coffee, Inc.  as a wholly owned subsidiary.  On March 31, 1998
         the Company divested itself  of  its  coffee  operations.  It acquired
         Insecta  Sales and Research, Inc. as a wholly owned  subsidiary.   The
         principal  business  of  the  Company  which  had  been  the wholesale
         distribution of various insecticides, has shut down.

     B.  SIGNIFICANT ACCOUNTING POLICIES

         CASH AND CASH EQUIVALENTS
         For  purposes  of  the  statement of cash flows, the Company considers
         cash  and highly liquid securities  (consisting  primarily  of  money-
         market  investments)  with an original maturity or redemptions options
         of three months or less to be cash and equivalents.

         CONCENTRATION OF CREDIT RISK
         Financial instruments that  potentially  subject the Company to credit
         risk  consist  principally  of trade receivables.   Trade  receivables
         terms  are  generally 30 days.   The  Company  performs  services  and
         extends credit  based  on  an  evaluation  of the customers' financial
         condition  without  requiring  collateral.   Exposure   to  losses  on
         receivables  is  expected  to  vary  by  customer due to the financial
         condition of each customer.  The Company monitors  exposure  to credit
         losses  and  maintains  allowances  for  anticipated losses considered
         necessary under the circumstances.

         PROPERTY AND EQUIPMENT
         Property and equipment is recorded at cost.   Expenditures  for  major
         betterments  and  additions  are  charged  to the asset accounts while
         replacements, maintenance and repairs which  do  not improve or extend
         the lives of the respective assets are charged to expense currently.

         DEPRECIATION
         Depreciation  of  property  and  equipment  is  determined   utilizing
         straight-line and accelerated methods at various rates based generally
         on  the  estimated useful lives of the assets.  The range of estimated
         useful lives is as follows:

              Office furniture and equipment     5 to 7 years
              Machinery and equipment           5 to 7 years

         INVENTORIES
         Inventories  are  stated  at  the  lower  of cost (first-in, first-out
         method) or market (replacement cost). The company  had no inventory as
         of June 30, 2002.






<PAGE>  14
                                 VIROPRO, INC.
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            JUNE 30, 2002 AND 2001


NOTE 1 - BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

         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 reporting period.  Actual results could differ
         from those estimates.

         INCOME TAXES
         The Company accounts for  income  taxes  under  the  liability  method
         according  to  Statement  of  Financial  Accounting Standards No. 109.
         Deferred  tax  assets and liabilities are recognized  for  future  tax
         consequences  attributable   to   differences  between  the  financial
         statements carrying amounts of existing  assets  and  liabilities  and
         their  respective  tax  base.  Deferred tax assets and liabilities are
         measured using enacted tax  rates  expected to apply to taxable income
         in the years in which those temporary  differences  are expected to be
         recovered or settled.

         The  Company  has  recorded  a deferred tax asset which is  completely
         offset by a valuation allowance.   Realization  of  the  deferred  tax
         asset  is  dependent  on  generating  sufficient taxable income in the
         future.  The amount of the deferred tax  asset  considered  realizable
         could  change  in the near term if estimates of future taxable  income
         are modified.

         REVENUE RECOGNITION
         Revenue from product sales is recognized by the Company when title and
         risk of loss passes  to  the  distributor, which generally occurs upon
         shipment from the manufacturing  facilities  or  third  party  storage
         facilities.

         ADVERTISING
         Advertising  is  expenses  as  incurred  and  is  included in selling,
         general and administrative expenses.

         NET LOSS PER SHARE
         The Company applies Statement of Financial Accounting  Standards No.
         128, "Earnings Per Share" (FAS 128).  Net loss per share is computed
         by dividing the net loss  by the  weighted average  number of common
         shares outstanding during  the reported  periods.  Outstanding stock
         equivalents were  not considered in the calculation as their  effort
         would have been anti-dilutive.

         SEGMENT REPORTING
         During 1998,  the  Company  adopted  Financial  Accounting Standards
         Board ("FASB") statement No. 131, "Disclosure about  Segments  of an
         Enterprise and Related Information".  The Company has considered its
         operations and has determined that it operates in a single operating
         segment   for  purposes  of  presenting  financial  information  and
         evaluating   performance.    As  such,  the  accompanying  financial
         statements present information  in  a format that is consistent with
         the financial information used by management for internal use.

<PAGE>  15
                                 VIROPRO, INC.
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            JUNE 30, 2002 AND 2001

NOTE 1 - BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

           FAIR VALUE OF FINANCIAL INSTRUMENTS
           The carrying values of cash and equivalents, accounts receivable and
           notes receivable approximate their fair  values  due  to  the  short
           maturity of these instruments.

           The fair value of the notes payable is determined by calculating the
           present  value  of  the note by a current market rate of interest as
           compared to the stated  rate  of  interest.   The difference between
           fair value and the carrying values is not deemed to be significant.

           COMPREHENSIVE INCOME
           The items affecting comprehensive income are not  materials  to  the
           financial statements and, accordingly, are not presented herein.

NOTE 2  -  GOING CONCERN
           The   accompanying   financial  statements  have  been  prepared  in
           conformity  with generally  accepted  accounting  principles,  which
           contemplate continuation  of  the  Company  as a going concern.  The
           Company has sustained substantial operating losses and negative cash
           flows from operations since inception.  In the  absence of achieving
           profitable  operations  and positive cash flows from  operations  or
           obtaining additional debt  or equity financing, the Company may have
           difficulty meeting current obligations.

           In view of these matters, realization  of  a  major  portion  of the
           assets in the accompanying balance sheet is dependent upon continued
           operations  of  the  Company,  which  in  turn is dependent upon the
           Company's  ability  to  meet its financial obligations.   Management
           believes that actions presently  being  taken,  as  described in the
           preceding  paragraph,  provide  the opportunity for the  Company  to
           continue as a going concern.

NOTE 3 - EQUITY

         In  prior  years  the company issued common  stock  for  acquisitions,
         subsequently  ceased,   and   divested  former  operations.   The  net
         aggregate impact of these activities  is reflected in the statement of
         stockholders equity.

NOTE 4 - INCOME TAXES

         The components of the income tax benefit as of   June 30, 2002 were as
         follows:

              Current Benefit
                 Federal                             $              -
                 State                                              -
              Deferred Benefit
                 Federal                             $          545,260
                 State                                           87,053
               Valuation Allowance                             (632,313)
              Income Tax Benefit                     $               -0-




<PAGE>  16
                                 VIROPRO, INC.
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            JUNE 30, 2002 AND 2001

NOTE 4 - INCOME TAXES (CONTINUED)

         At  June 30, 2002, the Company had deferred  tax  assets  of  $632,313
         principally  comprised  of net  operating  losses.  The  deferred  tax
         assets  were  offset  by a  valuation  allowance  in the same  amount.
         Deferred tax assets, net of a valuation allowance, are  recorded  when
         management  believes it is more likely than not that tax benefits will
         be realized.

         The Company has net operating loss carryforwards totaling approximately
         $2,100,000 expiring up to years ending  2017.

NOTE 5 - RELATED PARTY TRANSACTIONS

         Between September 1997 through June 1999,  the  Company borrowed funds
         under  notes  payable aggregating $583,200 from Jade  Investments,  as
         major shareholder  controlled  entity, with interest at 10%. The notes
         are payable on demand.  Interest of $ 239,006 has been accrued at June
         30, 2002.  No payments have been made.

NOTE 6   NEW ACCOUNTING STANDARDS

         In  July  2001, the FASB issued SFAS  No.  142,  "Goodwill  and  Other
         Intangible Assets", ("SFAS  142")  which is effective for fiscal years
         beginning after December 15, 2001.   SFAS  142,  requires, among other
         things, the discontinuance of goodwill amortization.  In addition, the
         standard includes provisions upon adoption for the reclassification of
         certain existing recognized intangibles, reclassification  of  certain
         intangibles  out  of  previously reported goodwill and the testing  of
         impairment of existing  goodwill  and  other  intangible.  The company
         believes  that  the  adoption of SFAS 142  will not  have  a  material
         impact on the Company's financial position and results of operations.

         In August 2001, the  FASB  issued  SFAS  143,  "Accounting  for  Asset
         retirement Obligations".  SFAS 143 relates to accounting and reporting
         for obligations associated  with the retirement of tangible long lived
         assets  and  the related retirement costs.   The company believes that
         the adoption of  SFAS  143   will  not  have  a material impact on the
         Company's financial position and results of operations."

         In  October  2001, the FASB  issued SFAS No. 144 "Accounting  for  the
         Impairment or Disposal of  Long Lived Assets," (effective December 15,
         2002) which replaces SFAS No 12."Accounting for the Impairment of Long
         Lived Assets and for Long Lived  Assets  to  be Disposed Of." SFAS No.
         144  corrects previous issues and broadens reporting  of  discontinued
         operations.  Management  does  not  believe that the adoption of  this
         standard  will have a material effect  on  the  company's  results  of
         operations or financial position.










<PAGE>  17
                                 VIROPRO, INC.
                  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                            JUNE 30, 2002 AND 2001

NOTE 7     SUBSEQUENT EVENTS

         On October 16, 2002, the Company assigned all of its rights, title and
         interests of  its  wholly-owned  subsidiary  Insecta Sales & Research,
         Inc. to Prime Time Insects, Inc. ( A Bahamian Corporation ) owned by a
         related party.  In consideration for these assets  and  the use of the
         "Insecta"  name  and  abandoned  EPA  registration, "Prime Time"  will
         assume in its entirety the accounts  payable  of  $210,125 of  Insecta
         Sales & Research, Inc.

NOTE 8   REISSUED AUDITORS' REPORT

         In order to address the issue of the auditors inability  to verify the
         outstanding trade payable of its subsidiary Insecta Sales  & Research,
         Inc.,  the  Company directed its legal counsel to perform a  judgement
         and lien search  and  found there exists no legal filings  against the
         Parent Company, Viropro, Inc. In addition, the Company has disposed of
         its  wholly-owned subsidiary Insecta Sales & Research, Inc. on October
         16,  2002 which included  the  assumption  of   $210,125  of  accounts
         payable.   As  a result, the scope limitation has ceased in regards to
         accounts payable.





































<PAGE>  18
                                    VIROPRO,  INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

Item  8.  Changes  in  and  Disagreements  with  Accountants  on  Accounting and
Financial  Disclosure

The Company's present Auditor, Baum & Company, P.A., has conducted the Company's
audits for the fiscal years ended June 30, 2002  and 2001.  There have  been  no
changes  in  or disagreements  with the Company's  accountants during the period
covered by this  annual  report.

Item  9.  Directors  and  Executive  Officers,  Promoters  and  Control Persons;
Compliance  with  Section  16(a)  of  the  Exchange  Act

(A) DIRECTORS  AND  EXECUTIVE  OFFICERS

IDENTIFICATION  OF  DIRECTORS

Set  forth below is the name, age and length of service of the Company's present
directors:

NAME  (AGE)                      POSITION                      LENGTH OF SERVICE
-------------------------------  ----------------------------  -----------------
Hugh  D.  Johnson          (75)  Director                      Since 1998
Patrick  V.  Quinlan       (56)  Director                      Since 1998
Richard S. Patterson, PhD. (68)  Director                      Since 1998
Henry  Kornhauser          (66)  Director                      Since 1998

The directors are elected for a  one-year term or  until their  successors  have
been elected and qualified.  There are no arrangements or understandings between
any of  the  directors  and  other  persons pursuant  to which  such person  was
selected as a  director.

IDENTIFICATION  OF  EXECUTIVE  OFFICERS

Set  forth below is the name, age and length of service of the Company's present
Executive  Officers:

NAME  (AGE)                    POSITION             LENGTH  OF  SERVICE
-----------------------------  -------------------  -------------------
Hugh  D.  Johnson       (75)   President            Since 2000
                               Secretary/Treasurer  Since 1998
Patrick  V.  Quinlan    (56)   Vice  President      Since 1998

Executive  Officers  are  appointed  to  serve until the meeting of the Board of
Directors  following  the  next  annual  meeting of shareholders and until their
successors  have  been  elected  and  qualified.  There  are  no arrangements or
understandings  between  any  of  the  directors,  officers,  and  other persons
pursuant  to  which  such  person  was  selected  as  an  Executive  Officer.

Set  forth below is certain biographical information regarding each Director and
Executive  Officer  of  the  Company.









<PAGE>  19
                                    VIROPRO,  INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

HUGH D. JOHNSON, Director, President, Secretary/Treasurer,  and Co-founder,  has
guided the formation,  structuring   and  financing   of  INSECTA.   He  has  an
extensive background  in the financial Industry  and was  associated  with L. F.
Rothschild & Co  and  Merrill  Lynch, Pierce, Fenner and Smith.

PATRICK V. QUINLAN, Director, Vice-President and Co-founder, has over  ten years
with INSECTA  and involved  with  all  development  phases  and has  acquired  a
specialization  in product and patent registration at the government  and  state
levels  in both U.S. and Canada.

RICHARD (DICK) S.  PATTERSON, PhD,  Company  Spokesperson,  Director  and  R & D
Consultant.  Dr. Patterson is a PhD of Entomology associated with the University
of Florida and widely  recognized as the  foremost authority  on biological  and
biorational control  of household  insects.  His research has  been featured  in
Time, Newsweek, U.S. News and  World Report,  Smithsonian and  National  History
magazines.

HENRY KORNHAUSER, Director and Advertising/Marketing consultant.  Mr. Kornhauser
is  currently Vice  President-Advertising for  Church  & Dwight  (Arm & Hammer).
Previously,  he was  the  principle/owner  of two  major  New  York  advertising
agencies, Partners & Shavak and Kornhauser & Caline.

(B)     IDENTIFICATION  OF  CERTAIN  SIGNIFICANT  EMPLOYEES

The company has no employees.

(C)     FAMILY  RELATIONSHIPS

There  is  no  family  relationship  between any Director, Executive Officer, or
person  nominated  or chosen by the Registrant to become a Director or Executive
Officer

(D)      INVOLVEMENT  IN  CERTAIN  LEGAL  PROCEEDINGS

So far as the company is  aware, no  Director, or person  nominated to  become a
Director  or  Executive Officer, has been  involved  in  any  legal  proceedings
during the past five years.

COMPLIANCE  WITH  SECTION  16(A)  OF  THE  EXCHANGE  ACT

So far as the Registrant is able to ascertain, all officers and directors of the
Company are in compliance with  information required  under Section 16(a) of the
Securities Exchange Act  of  1934, as amended.















<PAGE>  20
                                    VIROPRO,  INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

Item     10.     EXECUTIVE  COMPENSATION

     The  following table sets forth the aggregate cash compensation paid by the
Company  during the fiscal year ended June 30, 2002 to all executive officers of
the  Company  as  a  group  and  to  all  executive  officers  of  the  Company.

Name of Individual              Capacities  in                     Cash
or  Group                       which  served                      Compensation
-----------------------------   --------------------------------   -------------
Hugh  D.  Johnson               Director, President, Secretary
                                 /Treasurer                          $    -0-
Patrick  V.  Quinlan            Director and Vice President          $    -0-
Richard  S.  Patterson          Director                             $    -0-
Henry  Kornhauser               Director                             $    -0-
All  executive  officers
as  a  group  including
individuals named above
(4  persons)                                                         $    -0-

All  executive officers are not covered by the Company's major medical insurance
and  disability  plans.

Item  11.  SECURITY  OWNERSHIP  OF  CERTAIN  BENEFICIAL  OWNERS  AND  MANAGEMENT

     The  following  table  sets forth the number and percentage, as of June 30,
2002  of the company's Common Shares owned of record and/or beneficially by each
person  owning more than 5% of such Common Shares, by each Director who owns any
shares  of  the  Company  and  by  all  officers  and  directors  as  a  group.

Name                             Percentage  Owned     Number of Shares Owned
-------------------------------  --------------------  ----------------------
Hugh  D.  Johnson                          0%                      0

Patrick  V.  Quinlan                       0%                      0

Richard  S.  Patterson                     1%                100,000

Henry  Kornhauser                          0%                      0

Item  12.  CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS

The  Company  and  its  operating  company Insecta have borrowed money form Jade
Investments,  a  major  shareholder  of the company aggregating to the amount of
$583,200.  The  notes  covering  these loans bear 10% per annum interest and are
payable  on  demand.  Interest of $239,006 has  accrued as of June 30, 2002.  No
payments  have  been  made.












<PAGE>  21
                                    VIROPRO,  INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002


PART  IV


Item  13.  EXHIBITS,  FINANCIAL  STATEMENT  SCHEDULES  AND REPORTS  ON FORM 8-K

(a)  Exhibits required by Item 601

(2)      Plan of Acquisition, reorganization, arrangement,

         liquidation or succession.                    Form 8K  04-16-1998 (2)
(3)(i)   Articles of Incorporation                                       P (2)
(3)(ii)  Bylaws.                                                         P (2)
(4)      Instruments defining the rights of security holders,
         including indentures.                                             (1)
(9)      Voting trust agreements.                                          (1)
(10)     Material contracts.                                               (1)
(11)     Statement re:  computation of per share earnings.                 (1)
(13)     Annual or quarterly reports, Form 10Q                             (1)
(16)     Letter re:  change in certifying accountant.                      (1)
(18)     Letter re:  change in accounting principles .                     (1)
(20)     Other documents or statements to security holders.                (1)
(21)     Subsidiaries of the Registrant.                                   (1)

(22)     Published report regarding matters submitted
         to vote of security holders.                                      (1)
(23)     Consents of Experts and counsel.                                  (1)
(24)     Power of Attorney.                                                (1)
(27)     Financial Data Schedule (no longer required)                      (1)

(99)     Additional Exhibits.                                              (1)

         (1) These items have either been omitted or are not applicable

         (2) Incorporated by reference to previous filing


     I.  Financial  Statements  and  Schedules

     Report  of  Independent  Certified  Public  Accountants.

     Consolidated  Financial  Statements:

     Balance  Sheets
     Statements  of  Operations
     Statements  of  Changes  in  Stockholders  Equity
     Statements  of  Cash  Flow
     Notes  to  Financial  Statements

     II.  Reports  on  Form  8-K:

No Forms 8K were filed by the registrant during the  last quarter of the fiscal
year ended June 30, 2002.





<PAGE>  22
                                    VIROPRO,  INC.
                              Report  on  Form  10-KSB
                     For  the  Fiscal  Year  Ended  June  30,  2002

                                    SIGNATURES

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

VIROPRO,  INC.                               VIROPRO,  INC.



BY:/s/  Hugh  D.  Johnson                    BY:/s/  Hugh D. Johnson
   ------------------------------               ------------------------------
        HUGH  D.  JOHNSON                            HUGH D. JOHNSON
        Secretary                                    President

Dated:  November 12, 2002                    Dated:  November 12, 2002