`U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-KSB

(Mark One)
[X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

                     For Fiscal Year Ended: October 31, 2002

                                       OR

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

               For the transition period from ________ to ________


                        Commission file number: 000-27795


                         MEIER WORLDWIDE INTERMEDIA INC.
        (Exact name of small business issuer as specified in its charter)

          Nevada                                          52-2079421
(State or other jurisdiction                            (IRS Employer
of incorporation or organization)                     Identification No.)


       Ste 320-1100 Melville Street
       Vancouver, British Columbia                          V6E 4A6
(Address of Principal Executive Offices)                   (Zip Code)


                                 (604) 689-7572
                          (Company's Telephone Number)

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

Securities registered under Section 12(g) of the Act: 617,763 shares of common
stock, par value $.20 per share

        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 registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]

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

        State issuer's revenues for its most recent fiscal year: None



                                       1



        State the aggregate market value of the voting and non-voting common equity
held by non-affiliates computed by reference to the price at which the common
equity was sold, or the average bid and asked prices of such common equity, as
of a specified date within the past 60 days. (See definition of affiliate in
Rule 12b-2 of the Exchange Act.) $3,072 as of December 31, 2002.

        Note: If determining whether a person is an affiliate will involve an
unreasonable effort and expense, the issuer may calculate the aggregate market
value of the common equity held by non-affiliates on the basis of reasonable
assumptions, if the assumptions are stated.

        ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS

        Indicate by check mark whether the issuer has filed all documents and
reports required to be filed by Section 12, 13 or 15(d) of the Exchange Act
after the distribution of securities under a plan confirmed by a court. Yes [ ]
No [ ]

                    APPLICABLE ONLY TO CORPORATE REGISTRANTS

        State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 617,000

                       DOCUMENTS INCORPORATED BY REFERENCE

        If the following documents are incorporated by reference, briefly describe
them and identify the part of the Form 10-KSB (e.g., Part I, Part II, etc.) into
which the document is incorporated: (1) any annual report to security holders;
(2) any proxy or information statement; and (3) any prospectus filed pursuant to
Rule 424(b) or (c) of the Securities Act of 1933 ("Securities Act"). The listed
documents should be clearly described for identification purposes (e.g., annual
report to security holders for fiscal year ended December 24, 1990).

        No documents are incorporated by reference into this Annual Report on
Form 10-KSB.

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



                                       2




TABLE OF CONTENTS

PART I.........................................................................4

ITEM 1. DESCRIPTION OF BUSINESS................................................4
ITEM 2. DESCRIPTION OF PROPERTY................................................9
ITEM 3. LEGAL PROCEEDINGS......................................................10
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS....................12

PART II........................................................................12

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS............................................................12
ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION..............13
ITEM 7. FINANCIAL STATEMENTS...................................................14
ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
        ACCOUNTING AND FINANCIAL DISCLOSURE....................................28

PART III.......................................................................29

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
        PERSONS; COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.............29
ITEM 10. EXECUTIVE COMPENSATION................................................30
ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT........30
ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS........................31
ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K......................................32
ITEM 14. CONTROLS AND PROCEDURES...............................................32

SIGNATURES.....................................................................33



                                       3



Part I

Item 1. Description of Business.

Meier Worldwide Intermedia Inc. (the "Company") was incorporated on June 17,
1997 in the State of Nevada, U.S.A. The Company's executive office is located at
1100 Melville Street (suite 320), Vancouver, British Columbia, V6E 4A6 Canada,
Tel: (604) 689-7572.

The Company was organized as a holding company and is traded on the over the
counter bulletin board under the symbol 'MWWD.'

All references to the Company's common stock reflect a 1 for 20 share reverse
split in 2002.

As it was the intent of the Company to become publicly traded in the United
States, management determined it would be in the Company's best interests to be
domiciled there, therefore incorporated the Company in Nevada, U.S.A.

Until November 1, 1998, the Company and its subsidiaries were in the business of
developing websites on the internet as well as the acquisition, management and
leasing of sound studio space which it marketed to the local entertainment
industry through its five wholly-owned British Columbia incorporated
subsidiaries. On November 1, 1998, these subsidiaries were disposed of for total
consideration of $6.50 to Meier Entertainment Group Inc., a company owned by
James Meier, for their failure to produce revenue. They were: Meier Studios
Inc., incorporated August 25,1997; G.G. Studios Inc., incorporated October 6,
1997; Meier Worldwide Intermedia Inc. (BC), incorporated November 28, 1996;
Meier Studios (Lake City) Inc., incorporated December 18, 1997; and Meier
Studios (B.B.) Inc., incorporated March 26, 1998.

On June 30, 1997 the Company acquired a movie industry website from Meier
Entertainment Group Inc., a company wholly-owned by James Meier. On June 30,
1997, the Company issued 180,000 shares at $0.20 per share to Mr. Meier.
These shares were issued for services, and operating the Internet site. The
recorded amount of $0.20 per share was arbitrarily determined by the Company
and was for Mr. Meier's services as a director and officer of the Company only.
This transaction was done with the approval of the Board of Directors.

The Company is currently refocusing its business and is in a transitional stage
having disposed of the studio space leasing and management businesses. It is
management's belief that the future opportunities for the Company lie
not only with the production of films but also with the potential ability to
merge this industry with the multi-media interactive technology that is
available to the Company through its investment of a 20% interest in a company
called Internet Television Network ("ITN") (see Part 1, Item 1, "Multimedia
Video Technology").



                                       4




The Company paid $2,000.00 for 2,000,000 shares $0.001 par value shares
in a Nevada company called Internet Television Network ("ITN"). This company was
incorporated on July 6, 1999, in Nevada, U.S.A. The acquisition constitutes a
20% interest in ITN by the Company. ITN plans to carry out the business of
providing real-time interactive multi-media services that will be available to
the public via the Internet. A business plan is currently being completed and
ITN's management has yet to determine how they will fund this project or the
amount of funds that are needed to launch this service.

Offices

The Company's executive office is located at Suite 320-1100 Melville Street,
Vancouver, British Columbia, V6E 4A6, Canada.

Planned Business

It is the Company's objectives to carve out a niche market in the entertainment
industry by implementing the following plans in the year 2002:

    -  Initiate production of the film based on the life of John Meier (see Part
       I, Item 1,"Movie Production").
    -  Develop interactive video services for the Internet through Internet
       Television Network (ITN) (see Part 1, Item I, "Description of Business").

Movie Production


The Company proposes to commence production of a motion picture film in the year
2003, including a movie based on the life of James Meier's father, John Meier,
who was the personnel business advisor and aide to the late Howard Hughes. John
Meier also served on President Richard Nixon's task force on 'Resources and
Environment.' A script for the John Meier movie has not yet been written, but is
currently contemplated subject to financing. The movie would be an original
screenplay based on private documents and U.S. government files about the life
and death of the reclusive billionaire, Howard Hughes, founder of Hughes
Aerospace Inc.

The Company acquired the rights to make a film based on John Meier's story from
Meier Entertainment Group Inc., an affiliate of the Company's president, James
Meier, in August 1997. Such assignment was without consideration, it being John
Meier's hope that the Company will effect production of such movie. (see Item 1,
Part 7, "Certain Relationships and Related Transactions").

The writing and production of movies requires substantial funding, and the
Company's ability to produce movies will depend on its ability to raise such




                                       5



funding, by way of a public or private offering. Management is currently
reviewing the funding requirements for the film on John Meier's life
experiences, and has not yet decided how they will achieve such funding or how
much is required. No assurances can be given that such funding will be available
on terms deemed acceptable by the Company, or that such movie, if financed and
produced, will be successful.

Netcasting

The Company is observing various companies experimenting with Netcasting, and
sees a potential opportunity with this technology. Netcasting is the term used
for film and television productions that are broadcasted over the Internet
instead of using conventional methods such as cable and satellite.

Distribution Methods

The Film Industry

The Company will utilize traditional distribution channels to distribute
its film. In addition to traditional distribution channels, the Company sees an
opportunity to distribute its products directly to consumers through
"netcasting" or the broadcasting of films over the Internet. Management's
commitment to exploring non-traditional distribution channels is highlighted by
the Company's investment in ITN, a company that intends to develop the ability
to provide television-quality video feeds over the Internet.

Competition

The Film Industry

The market for the Company's products is highly competitive and uncertain as to
the amount such market will generate. Many of the Company's competitors have
greater name recognition and resources than does the Company. There are no
assurances that the Company will be able to successfully compete or that the
projects will be viable.

With respect to its plans for motion picture production, the Company will be
competing with numerous companies engaged in the production and marketing of
films and television productions. Most of such entities, such as Can West
Global, Western International Communications, Cannell, and Pacific Motion
Pictures, are larger and better established, and many are better financed than
the Company.

The Internet Business

The Company has limited exposure to the Internet business through its investment




                                       6



in ITN. The Internet business is highly competitive and highly fragmented and
dominated by small enterprises. Success will be largely dependent on ITN's
ability to raise capital and attract talent in the computer and multi-media
industry. The Company is therefore uncertain as to the amount such market will
grow and ITN's ability to compete in such an environment.

Currently, there are numerous potential competitors seeking to deliver similar
broadcast services on the Internet. Large companies such as Disney, Microsoft
and Broadcast.com have all invested substantial amounts of capital to develop
the technology and channels to deliver content to end-users. In addition to
these major industry players, many small upstart technology companies are
developing products and services that will compete directly with ITN's planned
services. Compared to many of its competitors, ITN is severely hampered by its
lack of capital and technical expertise.

ITN and the Company will not be dependent upon a few major customers as every
individual with access to the Internet will be a potential customer for delivery
of broadcast quality services over the Internet.


Government Regulation

The Film Industry

The film industry is subject to government regulation at the federal, state and
municipal levels. Currently, both the Canadian federal and provincial
governments encourage film production in British Columbia through preferential
tax treatment. Should the current taxation schemes change, the Company's
ability to produce films in British Columbia would be seriously impaired.

The Internet

Currently, there is little federal or state regulation of the Internet when
compared with other modes of communication, entertainment and commerce. As the
Internet grows and in particular as the value of e-commerce grows, the potential
for government regulation at both the state and federal level increases. It is
foreseeable that increased regulation in regard to user privacy, taxation,
content, copyright and consumer protection may be enacted in the future. As the
rapid growth of the Internet has been in part due to its unregulated nature, any
future regulations will likely slow the current rate of growth of the Internet.
Any reduction in the rate of growth of the Internet will negatively affect
companies that seek to introduce new technologies and products to the public.
As such, the Company's current investment in ITN, a business that seeks to
provide internet broadcasting services to the public would be negatively
impacted by a slowing of growth in Internet usage.




                                       7



Recent attempts by the telephone carriers to request the Federal Communications
Commission to regulate Internet service providers due to the increased demands
being placed on the carriers' infrastructure could result in the imposition of
user fees on service providers which would ultimately be passed on to the
consumer. Any such levy would likely lead to slower growth in the Internet and
would have an adverse affect on the Company's investment in ITN.

Laws aimed at regulating the content of Internet content providers has also been
promoted by various interest groups. Successful regulation of Internet content
will likely result in a slowing of the Internet's current popularity as a mode
of dissemination of information. Management feels that given the international
dimension of the Internet it is unlikely, that regulation of content by any
nation will be successful.

Risk Factors

The Film Industry

1.   The Company has no operating history in the making of films and is
     dependent upon its ability to raise sufficient working capital to complete
     the projects identified in this report.  The Company does not have funds to
     undertake any of its planned activities at the current time and there can
     be no assurance that it will be able to raise such funds.

2.   The Company lacks working capital and will require financing to commence
     production of one movie. There is no assurance that the Company will be
     able to obtain such financing, or, if available, what the terms of such
     financing will be.

3.   The market for the Company's products is highly competitive and uncertain
     as to the amount such market will generate.  Many of the Company's
     competitors have greater name recognition and resources than does the
     Company.  There are no assurances that the Company will be able to
     successfully compete or that the projects will be viable.

4.   The Company's success will depend largely upon the performance of its
     founder and executive officer, James Meier, President, Treasurer, Secretary
     and Director.  The loss of the services of Mr. Meier would have a
     materially adverse effect on the Company if a replacement could not be
     found.  In addition, the Company will need to attract and retain skilled
     and experienced sales and technical staff to successfully accomplish its
     business plan.  Competition for experienced personnel in the Company's
     industries is intense. In the event that the Company is unable to attract
     and retain certain skilled staff, or if the Company loses the services of
     any of its key personnel, there can be no assurances that replacement
     personnel with similar contacts, experience and skills, could be found.




                                       8




5.   The Company does not anticipate payment of any cash dividends on its Common
     Stock in the foreseeable future.

6.   Present Management of the Company has a limited knowledge of how to produce
     movies, and the Company has a lack of operating history in the movie
     production business.

7.   Due to the weak Canadian dollar, British Columbia continues to be an
     attractive location for the film production industry as a great majority of
     revenues come from foreign and American producers. The future production of
     any films could therefore be greatly affected by any
     changes in the relative value of the Canadian and U.S. dollar.  Any surge
     in value of the Canadian dollar would have a negative impact on this
     industry in British Columbia as a whole.

8.   The Company's auditors have qualified their opinion as follows: "The
     accompanying financial statements have been prepared assuming that the
     Company will continue as a going concern.  The Company will need additional
     working capital to service its debt for the coming year and for its planned
     activity, which raises substantial doubt about its ability to continue as a
     going concern.  Management's plans in regard to these matters are described
     in Note 9.  These financial statements do not include any adjustments that
     might result from the outcome of this uncertainty. " Management will use
     its best efforts to obtain additional working for the Company.  At the
     present time, however, there is no reason to expect that management will be
     successful.  Management has not identified any potential investors at this
     time.  If management is unsuccessful in obtaining additional funding, it is
     unlikely that the Company will be able to continue as a going concern.

9.  The current shareholders of the Company and any future investors run the
     risk of losing all of their investment should the Company cease to be a
     going concern.

Employees

The Company has only one employee, the Company's president James Meier. The
Company's subsidiaries have no employees. At the present time, there is no
expectation that the Company, or its subsidiaries will hire any additional
permanent employees in the future.

Item 2. Description of Property.

The Company's principal business office is located at 320-1100 Melville Street,
Vancouver, British Columbia. The Company paid rent to Corporate House Inc. in
the amount of CDN $550.00 per month on a month-to-month basis for the above



                                       9



noted office space. We never had a written agreement and no monies are owed for
past rent. As the agreement is that we will start paying rent when Meier
Worldwide is financially able too.

At the current time, the Company has no investments or interests in real estate,
real estate mortgages, securities of or interests in persons primarily engaged
in real estate activities.

Item 3. Legal Proceedings.

As of January 31, 2003 the following lawsuits and claims have been made against
the Company and/or subsidiaries of the Company:

1.   Appin Holdings Ltd. v. Meier Studios (B.B.) Inc. and the Company (Supreme
Court of British Columbia, Vancouver Registry, action # C992772, commenced June
1, 1999): under a written lease date March 31, 1998, Appin Holdings Ltd. leased
to Meier Studios (B.B.) Inc., movie studio premises located at 6228 Beresford
Street, Burnaby, B.C. for a term of five years commencing April 1, 1998. Under a
written agreement dated April 1, 1998, the Company agreed to guarantee the lease
for a period of 12 months commencing April 1, 1998. The landlord terminated the
lease on April 19, 1999, on the basis of its claim, which is disputed, that the
tenant failed to pay rent in March and April 1999, and that two claims of
builder's liens were filed against the property. The landlord is claiming
CDN$228,897.41 (US$153,880.61) against the Company pursuant to agreement, which
the Company disputes. Since the Company's guarantee expired on March 31, 1999,
the Company calculates that its maximum exposure is CDN$61,634.53
(US$41,434.97), plus interest and costs.


2.   Crow Productions Inc. v. Meier Studios (B.B.) Inc. (Supreme Court of
British Columbia, Vancouver Registry, action # C993605, commenced July 12,
1999): under a written sublease dated March 31, 1998, Meier Studios (B.B.) Inc.
subleased to Crow Productions Inc. the premises described in item 1 above. The
subtenant paid rent of CDN$48,150 (US$30,252) to the sub landlord for May, 1999.
As a result of the termination of the head lease on April 19, 1999 described in
item 1, the subtenant paid the May, 1999 rent again to Appin Holdings Ltd. Crow
Productions Inc. is claiming CDN$48,150 (US$30,252) plus interest and costs
against Meier Studios (B.C.) Inc. Since Meier Studios is no longer a subsidiary,
Management does not believe any judgement would affect the Company.

3.   Ms. Renee Giesse. v. the Company, Meier Studio Management Inc., 532352
B.C. Ltd. and Dennis Rudd (Supreme Court of British Columbia, Vancouver
Registry, action # C986645, commenced December 22, 1999): the plaintiff's claim
as against the Company and Meier Studio Management Inc. claiming unpaid wages of
CDN $83,333.33 (US$56,816.88) plus damages for wrongful dismissal, interest and
costs. In the statement of claim, the Ms. Giesse alleges that in December 1997



                                       10



she agreed to be employed by the Company and it's subsidiary, Meier Studio
Management Inc., as a Vice President, Studio Management for the movie studios
operated by the defendant in British Columbia. Ms. Giesse alleges that under the
terms of the oral employment agreement she was to be paid a salary and benefits
commensurate to similar industry executives. Ms. Giesse alleges that a
commensurate salary is CDN $125,000 per annum plus the reimbursement of certain
expenses. Ms. Giesse further alleges that she carried out her duties as Vice
President from December 15, 1997 to August 18, 1998 when she was dismissed
without cause. The plaintiff seeks damages in the amount of salary for the
period of December 17, 1997 to August 18, 1998. Management denies each and every
allegation fact contained in Ms. Giesse's statement of claim. Specifically,
Management disputes that there was any employment agreement and believes that
the claim is frivolous and without merit. Since the Company filed its statement
of defense on January 18, 1999, there has been no further action taken by Ms.
Giesse in relation to her claim.

4.   Michael McGowan v. the Company, Meier Studios (Lake City) Inc., Meier
Worldwide Entertainment B.C. Ltd. and G.G. Studios Ltd. (Supreme Court of
British Columbia, Vancouver Registry, action # C992476, commenced May 14, 1999):
Mr. McGowan loaned CDN$40,000 (US$26,890.75) without specific terms as to
interest and repayment to the Company on August 15, 1997. Mr. McGowan requested
that the loan be repaid and when the Company did not comply, he commenced the
above action. Prior to filing a statement of defense, the Company agreed to a
consent judgment of CDN$43,552.49 (US$29,278.98) as at September 1, 1999, to
make monthly payments of CDN$1,000.00 (US$672.26) commencing on October 1, 1999,
to pay interest at 1% above the HSBC Canada Bank prime rate and to pay the
balance on October 1, 2000. The loan and related accrued interest through
December 31, 2002 is included in "Note payable and accrued interest in default"
in the accompanying financial statements.

5.   Meier Studios Inc. v. 544553 B.C. Ltd. (Supreme Court of British Columbia,
Vancouver Registry, action #C985401, commenced September 4, 1998). Meier Studios
entered into a lease agreement with the defendant to lease 65,000 square foot
building on lands owned by the defendant in Delta, British Columbia. Under the
terms to the lease, the defendant was required to construct an addition to the
existing building of approximately 115,000 square feet. Upon completion of the
addition, the basic rent payable by Meier Studios Inc. was to increase to
approximately $105,000 per month. In June of 1998, the defendant informed Meier
Studios Inc. that the addition had been completed and demanded payment of
additional rent. Meier Studios Inc. determined that the addition was not
complete nor had the municipal government issued the necessary occupancy
permits. Subsequently, the defendant informed Meier Studios Inc. that it had
terminated the lease and blocked the plaintiff from accessing the premises.
Meier Studios Inc. brought the action seeking a declaration that the lease was
valid and requiring specific performance by the defendant. In October 1998, the
defendant file its statement of defense and counterclaimed for damages against
Meier Studios Inc. Specifically, the defendant sought damages in the amount of
$308,040 (less $112,107.55 and $5,552.45 paid into court by Meier Studios Inc.)




                                       11



On November 1, 1998, the Company sold Meier Studios Inc. to Meier Entertainment
Group Inc., a company controlled by the Company's president, James Meier. While
Meier Studios Inc. is no longer a subsidiary of the Company, the Company remains
liable under the lawsuit as it acted as a guarantor on the original lease.

Item 4. Submission of Matters to a Vote of Security Holders.

None

                PART II

Item 5. Market for Common Equity and Related Stockholder Matters.

The Company was quoted on the "Pink Sheets" under the symbol of "HUES" until
***, when it became quoted on the over the counter bulletin board under the
symbol "MWWD."

High and Low Sales Prices for each quarter within the last two fiscal years.*


                 HIGH                 LOW
          (Price per Share $) (Price per Share $)

Jan 01           .013                 .011
Apr 01           .11                  .007
July 01          .007                 .005
Oct 01           .023                 .005
Jan 02           .025                 .003
Apr 02           .013                 .009
July 02          .006                 .006
Oct 02           .006                 .005

* The quotations reflect inter-dealer prices, without mark-up, mark-down or
  commission and may not represent actual transactions.

Holders

The number of recorded holders of the Company's common stock as of December 31,
2002 is approximately 750.

Dividends

The Company has never paid cash dividends on its common stock and does not
intend to do so in the foreseeable future. The Company currently intends to
retain any earnings for the operation and development of its business.



                                       12



Transfer Agent

The Company's transfer agent is Nevada Agency & Trust Co., 50 West Liberty
Street (Ste. 880), Reno, Nevada 89501, U.S.A.


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

Plan of Operation

In the future, the Company will seek to establish its business of film
production, as well as provide financing for production of its movie on the life
of John Meier.  The Company also intends to devote additional
resources to development of its Internet and multi-media video technology
business. (see Part I, Item 1, "Current Business Description").  As at October
31, 2001, the Company does not have adequate resources to cover ongoing
operations, and has no assets.  The Company is a young company and going through
a transitional stage of establishing an infrastructure and focus for future
development.

Results of Operations

The Company does not have any results from continuing operations.

Movie Production

The Company plans to produce a movie based on John Meier's life experiences.
The Company has not yet determined the funding required for production of this
movie, neither is there a script for it.  The Company will seek to raise the
necessary monies from investors or by joint venture with one or more established
producers.  The Company has not yet determined which established producer it
might seek to joint venture with.  It is not anticipated that production will
commence until sometime in 2002.  There can be no assurance that such financing
will be available, or if available, that it would be offered on terms deemed
acceptable to management.  In the event the Company is successful in arranging
such financing, it is contemplated that producing and distributing such movie
could take as long as 12 months from the time the script is completed.

Liquidity and Capital Resources

From November 1, 2000 to October 31, 2002, the Company generated cash no net inflows
or outflows operations.




                                       13



Management anticipates that the Company will need US$60,000 in working capital
during the next 12 months in order to maintain daily operations. James Meier has
agreed to fund the Company when needed in consideration for restricted stock
issued at market price.

As of October 31, 2002, the Company had no assets and liabilities of
approximately US$127,500. A portion of these liabilities totaling approximately
US$24,000 is owed by the Company to James and John Meier. There is no note. The
debt is payable upon demand for no interest. Management anticipates settling
current outstanding debt with existing creditors by issuing shares for debt.

Item 7. Financial Statements.




                         MEIER WORLDWIDE INTERMEDIA INC.
                                 AND SUBSIDIARY

                        (A Development Stage Enterprise)


                   Consolidated Financial Statements as of and
                            for various periods ended
                          October 31, 2002 and 2001 and
                          Independent Auditors' Report






                                       14






                 MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY
                        (A Development Stage Enterprise)

                                TABLE OF CONTENTS





                                                                   Page

Independent Auditors' Report for December 31, 2002                  16

Independent Auditors' Report for December 31, 2001                  17

Consolidated Balance Sheet as of October 31, 2002                   18

Consolidated Statements of Operations for the years
ended October 31, 2002 and 2001 and the period
June 17, 1997 (date of inception) to October 31, 2002               19

Consolidated Statements of Stockholders' Deficit for
the period from June 17, 1997 (date of inception) to
October 31, 2002                                                    20

Consolidated Statements of Cash Flows for the years
ended October 31, 2002 and 2001 and for the period
June 17, 1997 (date of inception) to October 31, 2002               22

Notes to Consolidated Financial Statements                          23






                                       15




INDEPENDENT AUDITORS' REPORT

To the Board of Directors and stockholders of Meier Worldwide Intermedia Inc.
and subsidiary:

We have audited the accompanying consolidated balance sheet of Meier Worldwide
Intermedia Inc. and subsidiary (collectively the "Company"), a development stage
enterprise, as of October 31, 2002, and the related consolidated statements of
operations, stockholders' deficit and cash flows for the year 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 audit. The consolidated financial statements of the Company, as of and for
the year ended October 31, 2001 and for the period June 17, 1997 (date of
inception) to October 31, 2001, were audited by other auditors whose report,
dated February 28, 2002, expressed an unqualified on those statements.

We conducted our audit 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.

In our opinion, the December 31, 2002 consolidated financial statements referred
to above present fairly, in all material respects, the financial position of the
Company as of October 31, 2002, and the results of its operations and cash flows
for the year then ended, in conformity with accounting principles generally
accepted in the United States of America.

The accompanying consolidated financial statements have been prepared assuming
that the Company will continue as a going concern. As discussed in Notes A and B
to the consolidated financial statements, the Company is in the development
stage, has suffered recurring losses from operations, has various contingent
liabilities (both recorded and otherwise), a stockholders' deficit, and
requirements for a significant amount of capital financing to proceed with its
business plan. These factors, among others, raise substantial doubt about the
Company's ability to continue as a going concern. Management's plans in regard
to these matters are also described in Note B. The consolidated financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.



March 5, 2003


                                       16

ANDERSEN ANDERSEN & STRONG LC
941 East 3300 South, Suite 202
Certified Public Accountants and Business Consultants
Salt Lake City, Utah 84106
Member SEC Practice Section of the AICPA                  Telephone 801 486-0096
                                                                Fax 801 486-0098

Board of Directors
Meier Worldwide Intermedia Inc. and Subsidiaries
Vancouver, B.C.  Canada


               REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

We have audited the accompanying  consolidated  balance sheet of Meier Worldwide
Intermedia  Inc. and  subsidiaries,  (development  stage company) at October 31,
2001  and  the  related  consolidated   statement  of  operations,   changes  in
stockholders' equity, and cash flows for the year ended October 31, 2001 and the
period June 17, 1997 (date of  inception) to October 31, 2001.  These  financial
statements   are  the   responsibility   of  the   Company's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted our audits in accordance with 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  audits  provide  a
reasonable basis for our opinion.

In our opinion the consolidated  financial  statements referred to above present
fairly,  in all material  respects,  the financial  position of Meier  Worldwide
Intermedia  Inc.  and  Subsidiaries  at October  31,  2001,  and the  results of
operations  and cash flows for the years  ended  October 31, 2001 and the period
June 17,  1997 (date of  inception)  to October 31,  2001,  in  conformity  with
accounting principles generally accepted in the United States of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue as a going  concern.  The Company  will need  additional
working capital to service its debt and for its planned  activity,  which raises
substantial doubt about its ability to continue as a going concern. Management's
plans in  regard to these  matters  are  described  in Note B.  These  financial
statements do not include any adjustments  that might result from the outcome of
this uncertainty.

February 28, 2002
Salt Lake City, Utah           /s/ Andersen Andersen & Strong LC

                                       17





                 MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY
                        (A Development Stage Enterprise)

                           CONSOLIDATED BALANCE SHEET
                                OCTOBER 31, 2002
________________________________________________________________________________

ASSETS

CURRENT ASSETS
  Cash                                                     $         -
                                                           ============

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES:
  Note payable and accrued interest - in default           $    38,720
  Accounts payable                                              64,512
  Related party advances                                        24,309 
     Total current liabilities                                 127,541 


STOCKHOLDERS' DEFICIT
Common stock $0.20 par value, 200,000,000
  shares authorized; 617,763 issued and outstanding            123,553
Additional paid-in capital                                   1,457,658
Deficit accumulated during the development stage            (1,708,752)
     Total stockholders' deficit                              (127,541)

                                                           $         -
                                                           ============
________________________________________________________________________________

See notes to consolidated financial statements.



                                       18







                 MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY
                        (A Development Stage Enterprise)

                      CONSOLIDATED STATEMENTS OF OPERATIONS

____________________________________________________________________________________________

                                                                             For the period
                                                                              June 17, 1997
                                             For the           For the          (date of
                                           year ended        year ended       inception) to
                                        October 31, 2002  October 31, 2001   October 31, 2002


REVENUES                                 $         -        $         -        $   773,600 

OPERATING EXPENSES:
  General and administrative                  36,315              4,838          2,220,030
  Interest                                     1,152              1,910             17,563 
     Total operating expenses                 37,467              6,748          2,237,593 

LOSS FROM OPERATIONS                         (37,467)            (6,748)        (1,463,993)

OTHER INCOME (EXPENSE):
  Gain on transfer of subsidiaries to
     related party                                 -                  -            125,023
  Loss on disposal of assets                       -                  -           (369,782)
      Total other income (expense)                 -                  -           (244,759)

NET LOSS                                 $   (37,467)       $    (6,748)       $(1,708,752)
                                         ============       ============       ============

NET LOSS PER COMMON SHARE

  Basic and diluted                      $      (.06)       $      (.01)
                                         ============       ============

Shares used in computing net loss per
    share - Basic and diluted                617,763            617,763
                                         ============       ============

____________________________________________________________________________________________

See notes to consolidated financial statements.




                                       19





                 MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY
                        (A Development Stage Enterprise)

                CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT
_____________________________________________________________________________________________________________________

                                                                                                          Deficit
                                                                                                        Accumulated
                                                                                                         During the
                                                              Common Stock            Additional         Development
                                                         Shares           Amount    Paid-In Capital        Stage

Balance, June 17, 1997 (date of inception)                    -         $        -     $         -        $         -

Issuance of common stock for services at $0.02 per
  share June 30, 1997                                   180,000             36,000         (32,400)                 -

Issuance of common stock for cash at $0.02 per
  share June 30, 1997                                   300,000             60,000         (54,000)                 -

Issuance of common stock for services at $1.22
  per share July 30, 1997                                20,000              4,000          20,409                  -

Issuance of common stock for cash at $10.00 per
  share October 1997                                      5,268              1,054          51,629                  -

Issuance of common stock for cash at $20.00 per
  share October 1997                                      7,081              1,416         140,209                  -

Issuance of common stock for services at $20.00
  per share October 1997                                  3,078                616          60,935                  -

Net loss for the period June 17, 1997 to
  October 31, 1997                                            -                  -               -            (93,393)

Balance, October 31, 1997                               515,427            103,086         186,782            (93,393)

Issuance of common stock for cash at $10.00 per
  share December 1997                                    19,732              3,946         193,371                  -

Issuance of common stock for cash at $20.00 per
  share net of issuance expenses December 1997            8,466              1,693         162,598                  -

Issuance of common stock for services at $20.00
  per share December 31, 1997                               202                 40           4,002                  -

Issuance of common stock for cash at $20.00 per
  share October 31, 1998                                 11,767              2,354         232,983                  -

Issuance of common stock for services at $20.00
  per share October 31, 1998                             17,772              3,554         364,946                  -

Net loss for the year ended October 31, 1998                  -                  -               -         (1,462,471)

Balance, October 31, 1998                               573,366            114,673       1,144,682         (1,555,864)

(Continued)




                                       20




(Continued)

                 MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY
                        (A Development Stage Enterprise)

                CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT
_____________________________________________________________________________________________________________________

                                                                                                          Deficit
                                                                                                        Accumulated
                                                                                                         During the
                                                              Common Stock            Additional         Development
                                                         Shares           Amount    Paid-In Capital        Stage

Issuance of common stock for cash at $20.00 per
  share November and December 1998                        4,078                816          80,744                  -

Issuance of common stock for services at $20.00
  per share January 21, 1999                                600                120          11,880                  -

Issuance of common stock for services at $5.00 per
  share May 18, 1999                                     10,000              2,000          48,000                  -

Issuance of common stock for services at $6.20
  per share July 9, 1999                                  5,000              1,000          30,000                  -

Issuance of common stock for payment of debt at
  $4.00 per share                                        24,719              4,944          93,932                  -

Contribution to capital - expenses                            -                  -           8,400                  -

Net loss for the year ended October 31, 1999                  -                  -               -            (77,713)

Balance, October 31, 1999                               617,763            123,553       1,417,638         (1,633,577)

Contribution to - capital expenses                            -                  -          10,000                  -

Net loss for the year ended October 31, 2000                  -                  -               -            (30,960)

Balance, October 31, 2000                               617,763            123,553       1,427,638         (1,664,537)

Net loss for the year ended October 31, 2001                  -                  -               -             (6,748)

Balance, October 31, 2001                               617,763            123,553       1,427,638         (1,671,285)

Contribution of services                                      -                  -          25,000                  -

Contribution to capital - expenses                            -                  -           4,296                  -

Forgiveness of related party payable                          -                  -             724                  -

Net loss for the year ended October 31, 2002                  -                  -               -            (37,467)

Balance, October 31, 2002                               617,763         $  123,553     $ 1,457,658        $(1,708,752)
                                                       ========         ===========    ============       ============

_____________________________________________________________________________________________________________________

See notes to consolidated financial statements.




                                       21





                         MEIER WORLDWIDE INTERMEDIA INC.
                        (A Development Stage Enterprise)

                      CONSOLIDATED STATEMENTS OF CASH FLOWS

_________________________________________________________________________________________________________

                                                                                       For the period
                                                                                       June 17, 1997
                                                      For the year     For the year  (date of inception)
                                                      ended October   ended October    to October 31,
                                                        31, 2002         31, 2001          2002     

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                            $  (37,467)      $  (6,748)      $ (1,708,752)
  Adjustments to reconcile net loss to net cash
   used in operating activities:
    Compensation for services and expenses
      contributed by shareholders                         29,296               -             48,420
    Stock based compensation and consulting                    -               -            653,978
  Increase in accounts and interest payable                8,171           6,748             75,835 

  Net Cash Used in Operating Activities                        -               -           (930,519)

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from borrowings under notes payable                 -               -             27,397
  Advances from stockholders                                   -               -             24,309
  Proceeds from issuance of common stock                       -               -            878,813 

CASH PROVIDED BY FINANCING ACTIVITIES                          -               -            930,519 

NET INCREASE (DECREASE) IN CASH                                -               -                  -

CASH AT BEGINNING OF PERIOD                                    -               -                  - 

CASH AT END OF PERIOD                                 $        -       $       -       $          -
                                                      ===========      ==========      =============

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

  Interest paid                                       $        -       $       -       $      6,240
                                                      ===========      ==========      =============

  Income taxes paid                                   $        -       $       -       $          -
                                                      ===========      ==========      =============

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES - During
the year ended October 31, 1999, we issued 24,719 shares of our common stock as
consideration for satisfaction of $98,876 of accrued expenses.

_________________________________________________________________________________________________________

See notes to consolidated financial statements.





                                       22






                 MEIER WORLDWIDE INTERMEDIA INC. AND SUBSIDIARY
                        (A Development Stage Enterprise)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
________________________________________________________________________________

NOTE A- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations

Meier Worldwide Intermedia, Inc., was incorporated under the laws of the State
of Nevada, USA, on June 17, 1997 for the purpose of leasing sound studio space
to the entertainment industry and the Internet, and subsequently changed its
business purpose to engage in film production and multi-media interactive
technology.

Since our inception we have organized and acquired stock in various
subsidiaries, which were organized for the purpose of movie production. With the
exception of Meier Entertainment Security, Inc., all subsidiaries have been
transferred to a related party. Meier Entertainment Security, Inc. currently has
no operations, and subsequent to October 31, 2002, has also been transferred to
a related party. The accompanying consolidated financial statements include the
accounts of Meier Worldwide Intermedia Inc. and Subsidiary (collectively
referred to as "we", "us", "our"). All significant intercompany balances have
been eliminated in consolidation.

On October 1, 2002, our stockholders voted to reverse split our issued and
outstanding common stock on a 1 for 20 shares outstanding basis. All references
to the number of shares and par value in the accompanying consolidated financial
statements and notes thereto have been adjusted to reflect the reverse stock
split as though such changes had been completed as of June 17,1997 (date of
inception).

Because we have not yet generated significant revenues and/or commenced our
planned principal operations we are considered to be in the development stage as
defined in Financial Accounting Standards Board Statement No. 7. Accordingly,
some of our accounting policies and procedures have not yet been established.

Use of Estimates

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires us to make certain
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. The reported amounts of revenues and expenses during
the reporting period may be affected by the estimates and assumptions we are
required to make. Estimates that are critical to the accompanying financial
statements include our estimate of expenses and related liabilities arising from
certain contingent liabilities discussed at Note G. It is at least reasonably
possible that our estimates could change in the near term with respect to this
matter.

Income Taxes

We compute income taxes in accordance with Financial Accounting Standards
Statement No. 109 "Accounting for Income Taxes" ("SFAS 109"). Under SFAS 109,
deferred taxes are




                                       23



recognized for the tax consequences of temporary differences by applying enacted
statutory rates applicable to future years to differences between the financial
statement carrying amounts and the tax basis of existing assets and liabilities.
Also, the effect on deferred taxes of a change in tax rates is recognized in
income in the period that included the enactment date.

Statement of Cash Flows

For purposes of the statement of cash flows, we consider all highly liquid
investments purchased with an original maturity of three months or less to be
cash equivalents.

Comprehensive Income

We have adopted Financial Accounting Standards Statement No. 130 "Reporting
Comprehensive Income" ("SFAS 130") which establishes rules for the reporting of
comprehensive income and its components within the financial statements. The
adoption of this standard had no impact on our stockholders' deficit at October
31, 2002.

Foreign Currency Translation

Part of our transactions have been completed in Canadian dollars and have been
translated to US dollars as incurred, at the exchange rate in effect at the
time, and therefore, no gain or loss from the translations is recognized. If a
completed transaction has a balance sheet date between a later settlement date,
resulting in a gain or loss, the amount is reported in the current period income
statement. The functional currency is considered to be US dollars.

Investments

We currently hold 20% ownership interests in several entities that are
effectively dormant and have no value. As a result, we have not recorded an
investment balance and/or any equity pick up relating to such entities in the
accompanying consolidated financial statements.

Recent Pronouncements

We do not expect that the adoption of any recent accounting pronouncements will
have a material impact on our financial statements.

Net Loss Per Common Share

We compute loss per share in accordance with Financial Accounting Standards
Statement No. 128 "Earnings per Share" ("SFAS 128") and SEC Staff Accounting
Bulletin No. 98 ("SAB 98"). Under the provisions of SFAS No. 128 and SAB 98,
basic net loss per share is computed by dividing the net loss available to
common stockholders by the weighted average number of common shares outstanding
during the period. Diluted net loss per share is computed by dividing the net
loss for the period by the weighted average number of common and common
equivalent shares outstanding during the period. Because common equivalent
shares outstanding are anti-dilutive, they have been ignored in our
calculations. Accordingly, basic and diluted net loss per common share, are
identical for both of the years ended October 31, 2002 and 2001.



                                       24


Reclassifications

Certain amounts in the prior year's consolidated financial statements have been
reclassified to conform with the current year presentation.

NOTE B- GOING CONCERN

Our consolidated financial statements have been prepared on a going concern
basis, which contemplates the realization of assets and the satisfaction of
liabilities in the normal course of business. We have suffered recurring losses
from operations and have a stockholders' deficit of approximately $127,600 at
October 31, 2002. We are also involved in certain litigation that could
adversely impact our results of operations and cash flow if we are unable to
prevail in such matters. Finally, we will require a significant amount of
capital to proceed with our business plan. Accordingly, our ability to continue
as a going concern is ultimately dependent upon our ability to secure an
adequate amount of capital to finance our planned principal operations and/or to
pay any adverse judgments that may arise from the contingencies discussed at
Note G. Our plans will include attempts to raise public and/or private equity or
debt financing. However, there is no assurance that we will be successful in
attracting the necessary capital and/or if such capital will be offered on terms
acceptable to us. These factors, among others, indicate that we may be unable to
continue as a going concern for a reasonable period of time. Our financial
statements do not include any adjustments relating to the recoverability and
classification of recorded asset amounts or the amounts and classification of
liabilities that might be necessary should we be unable to continue as a going
concern.

NOTE C - INCOME TAXES

We recognized losses for both financial and tax reporting purposes during each
of the periods in the accompanying statements of operations. Accordingly, no
provision for income taxes and/or deferred income taxes payable have been
provided for in the accompanying consolidated financial statements.

Assuming our net operating loss carryforwards are not disallowed by United
States and Canadian taxing authorities because of our failure to file certain
corporate income tax returns, as of October 31 2002 we have net operating loss
carryforwards of approximately $950,000 for income tax purposes. The net
operating loss carryforwards expire in various years through October 31, 2009
for Canadian reporting and October 31, 2022 for United States reporting.
Assuming an effective rate of 34%, the deferred income tax asset arising from
theses net operating losses would approximate $323,000, however such asset is
not recorded in the accompanying consolidated balance sheet because we
established a valuation allowance to fully reserve such asset (as it's
realization did not meet the required asset recognition standard established by
SFAS 109).

Temporary differences arise primarily from certain liabilities that are not
deductible for income tax purposes until they are paid. In addition, stock based
expenses of approximately $654,000 are considered to be a permanent difference
between book and tax reporting.

NOTE D - EQUITY TRANSACTIONS

During 1998 and 1999 our board of directors authorized us to issue stock options
to related parties. The options were granted at exercise prices from $0.75 -
$1.00 per share, and expire five years after the grant date. The options vested



                                       25




immediately. The status of our stock options are summarized below:

                                                           Weighted
                                         Number of         Average
                                          Shares       Exercise Price

Outstanding at October 31, 2000           90,000          $    18 .06
Granted                                        -                    -
Exercised                                      -                    -
Canceled                                       -                    - 
Outstanding at October 31, 2001           90,000               18 .06
Granted                                        -                    -
Exercised                                      -                    -
Canceled                                       -                    - 
Outstanding at October 31, 2002           90,000          $    18 .06
                                         ========         ============

Options exercisable at-
   October  31, 2002                      90,000          $    18 .06
                                         ========         ============

We account for our stock-based compensation using the intrinsic value method
prescribed by Accounting Principles Board Opinion No. 25, "Accounting for Stock
Issued to Employees". With respect to stock options granted during 1999 and
1998, market value approximated exercise price resulting in no stock
compensation expense.

Because all options are currently exercisable in 2002 and 2001, there would be
no difference between our net loss and pro forma net loss per share, had our
compensation expense for stock-based compensation plans been determined based
upon fair values at the grant dates for awards in accordance with SFAS No. 123,
"Accounting for Stock-Based Compensation".

NOTE E- NOTE PAYABLE

On August 15, 1997, we received a loan of $27,397 from a non-related party. A
legal action was started for collection of the amount due and a consent judgment
was given whereby we agreed to make monthly payments of $672.26 including
interest at 1% above the HSBC Canada Bank prime rate with payments starting
October 1, 1999. No payments were made during the year ended October 31, 2002,
and the note, and related accrued interest payable remain in default.

NOTE F- OTHER RELATED PARTY TRANSACTIONS

On November 1, 1998 we discontinued the operations of certain subsidiaries and
transferred all of the common stock to an officer of our Company. The transfer
resulted in a net gain of approximately $125,000. The subsidiaries which were
disposed of are as follows:

        o G.G. Studios Inc. - incorporated October 6, 1997
        o Meier Worldwide Intermedia Inc. (Cdn) - incorporated November 28, 1996
        o Meier Studios Inc. - incorporated August 25, 1997
        o Meier Studios (Lake City) Inc. - incorporated December 18, 1997
        o Meier Studios (B.B.) Inc. - incorporated March 26, 1998.



                                       26




In addition, there were certain other subsidiaries that were transferred to an
officer of our Company, with no gain or loss resulting.

Certain related parties periodically advance funds to us. These advances, which
are reflected as related party advances in the accompanying consolidated balance
sheet, are unsecured, non-interest bearing and due on demand.

In 1997, we received the rights to produce a movie on the life of John Meier
(our President's father) from an entity owned by our President. No consideration
for these rights was issued and accordingly, these rights were recorded at no
value.

During October 1997 we entered into management agreements with officers
providing for the payment of monthly management fees of $5,000 plus expenses.
The fees due through September 1999 were satisfied by the issuance of our common
stock, and the agreement was canceled.

We recognized $25,000 of non-cash compensation during the year ended December
31, 2002. We believe this amount represents the fair value of services provided
to us by our directors during this year. In addition, we recognized $4,296 of
rent expense paid by one of our directors on our behalf. Because these expenses
will not be paid, now or in the future, the amounts have been reflected as
increases in additional paid-in capital in the accompanying consolidated balance
sheet.

NOTE G - COMMITMENTS AND CONTINGENCIES

We are involved in certain litigation in which various plaintiffs have alleged
damages in excess of $549,000. We have recorded approximately $41,435 of this
amount in accounts payable in the accompanying consolidated financial statement,
which amount represents our best estimate of the liability we are required to
record in accordance with accounting principles generally accepted in the United
States of America. In our opinion, the remaining litigation will not result in a
material loss to us.

During the year ended October 31, 2002, we agreed to issue 25,000 shares of our
common stock to our attorney as consideration for future legal services. We
anticipate that these services will relate to SEC reporting and potential
acquisition issues. Because the services had not been provided as of December
31, 2002, no expenses and/or accrued expenses have been recorded in the
accompanying consolidated financial statements under this agreement.

________________________________________________________________________________




                                       27



Item 8. Changes In and Disagreements With Accountants on Accounting and
        Financial Disclosure.

The registrant has engaged Kingery Crouse & Hohl, P.A. as its principal
accountant to replace its former principal accountant, Andersen Andersen &
Strong LC ("AA&S"). The former accountant was dismissed on March 6, 2003. The
decision to change accountants was approved by the Board of Directors of the
registrant.

        During the Registrant's most recent two fiscal years and during any
subsequent interim periods preceding the date of termination, the Company has
had no disagreements with AA&S on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or procedure.

        No accountant's report on the financial statements for the past two years
contained an adverse opinion or a disclaimer of opinion or was qualified or
modified as to uncertainty, audit scope or accounting principles, except such
reports did contain a going concern qualification; such financial statements did
not contain any adjustments for uncertainties stated therein. In addition,
AA&S did not advise the Company with regard to any of the following:

1.   That internal controls necessary to develop reliable financial statements
     did not exist; or
2.   That information has come to the attention of AA&S, which made them
     unwilling to rely on management's representations, or unwilling to be
     associated with the financial statements prepared by management; or
3.   That the scope of the audit should be expanded significantly, or
     information has come to the accountant's attention that the accountant has
     concluded will, or if further investigated might, materially impact the
     fairness or reliability of a previously issued audit report or the
     underlying financial statements, or the financial statements issued or to
     be issued covering the fiscal periods subsequent to the date of the most
     recent audited financial statements, and the issue was not resolved to the
     accountant's satisfaction prior to its resignation or dismissal; and
     AA&S has been provided with a copy of this disclosure and has furnished a
     letter to the Company, addressed to the SEC, stating whether they agree
     with the statements made herein or the stating the reasons in which they do
     not agree. The letter from AA&S is filed herewith.

     During  the  most recent two fiscal years and during any subsequent interim
periods  preceding  the  date  of  engagement,  the registrant has not consulted
Kingery, Crouse & Hohl, P.A. regarding any matter requiring disclosure under
Regulation  S-K,  Item  304(a)(2).




                                       28






                PART III

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

The following table identifies the Company's directors and executive officers
and certain other key employees as of December 31, 2001. Directors are elected
at the Company's annual meeting of stockholders and hold office until their
successors are elected and qualified. The Company's officers are appointed
annually by the Board of Directors and serve at the pleasure of the Board.

                                                     Term as Director
Name                       Positions Held                Expires

James Meier                President/CEO/
                           Secretary/Treasurer
                           Director                        2003
Harry Evans                Vice President/Director         2003



James Meier, 31, the Company's founder, has been President and Director since
its inception. James Meier was also the founder and president of Meier
Entertainment Group Inc. From 1997 to the present, he has been managing the
Company. From 1990 to 1995 he served as a systems analyst with the Canadian
Imperial Bank of Commerce in Vancouver. Mr. Meier has been a director of the
British Columbia Motion Picture Association from 1996 to 1999, and is a voting
member of the Academy of Canadian Cinema and Television.

Harry K. Evans, 65, was appointed Executive Vice President and Director in
January 1998. He serves as United States and international liaison/consultant
for the company in Los Angeles. From 1990 through 1995 he was Chief Executive
Officer of the American Society of Cinematographers and an executive with the
Directors Guild of America for 15 years ending in 1998 and the International
Photographers Guild of Hollywood. Since February 1995 Mr. Evans has also served
as executive vice president of Meier Entertainment Group Inc. From 1993 through
1995 he was a labor relations consultant, primarily for the Union of British
Columbia Performers.

James Meier is the only executive officer who works 20% of his time for the
Company. The other Directors and Officers devote such time as their
responsibilities require. None of the Company's Directors are directors of other
companies registered under the Securities Exchange Act of 1934.
There is a family relationship between the Company's officers and directors.




                                       29




Section 16(a) of the Securities Exchange Act of 1934, as amended

Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the
Company's directors and executive officers, and persons who beneficially own
more than 10% of a registered class of the Company's equity securities, to file
reports of beneficial ownership and changes in beneficial ownership of the
Company's securities with the SEC on Forms 3 (Initial Statement of Beneficial
Ownership), 4 (Statement of Changes of Beneficial Ownership of Securities) and 5
(Annual Statement of Beneficial Ownership of Securities). Directors, executive
officers and beneficial owners of more than 10% of the Company's Common Stock
are required by SEC regulations to furnish the Company with copies of all
Section 16(a) forms that they file. Except as otherwise set forth herein, based
solely on review of the copies of such forms furnished to the Company, or
written representations that no reports were required, the Company believes that
for the period from November 1, 2001 through October 31, 2002, directors,
executive officers and greater than 10% beneficial owners complied with all
Section 16(a) filing requirements applicable to them.

Item 10. Executive Compensation.

No officers or directors of the Company have received compensation since
November 1, 1999. Directors are not presently reimbursed for expenses incurred
in attending Board meetings.

Item 11. Security Ownership of Certain Beneficial Owners and Management.

The following table sets forth certain information with respect to the
beneficial ownership of each person who is known to the Company to be the
beneficial owner of more than 5% of the Company's Common Stock as of December 31,
2001.

Name and               Total Amount
Address Of            of Beneficial      Common           Stock       Percent
Beneficial Owner        Ownership        Stock           Options      of Class

Meier Entertainment      177,500     177,500 (1,2)       0         28.7%
Group Inc.
101 - 1001 West
Broadway, Vancouver
BC, V6H 4E4 Canada

All officers and
directors as
A group [2 persons]      177,500     177,500 (1,2)       0         28.7%

    As of December 31, 2002, there were 617,000 shares outstanding.  Unless
    otherwise noted, the security ownership disclosed in this table is of record
    and beneficial.




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1   On June 30, 1997, the Company issued 175,000 common shares to Meier
    Entertainment Group Inc., of which James Meier is president and controlling
    stockholder.
2   On June 30, 1997, the Company transferred 5,000 of its common shares to
    Carrie Hunter in recognition of Ms. Hunter's agreement to serve as a
    director and officer of the Company.  The 5,000 shares were restricted
    preventing Ms. Hunter from selling the shares for a period of one year from
    the date of issue.  Ms. Hunter subsequently transferred 2,500 of her shares
    to Meier Entertainment Group Inc. and later sold the remaining 2,500 shares.

*   Meier Entertainment Group Inc. is wholly owned by James Meier.

Item 12. Certain Relationships and Related Transactions.

Outlined in the following are transactions with related parties which includes
the president-director and the secretary treasurer-director and their families:

        o   Acquisition of 29% of the outstanding stock of the Company by the
            issuance of 177,500 common shares, adjusted for split, from the
            inception of the Company.
        o   Transfer of the subsidiaries to Jim Meier for a nominal
            consideration, and the Company discontinued the operations they
            conducted. The transfer resulted in a net gain to the Company of
            $125,023 and was reported in November 1999. The measurement date and
            the disposal date of the segment transferred was considered to be
            November 1, 1999.

                o   G.G Studios Inc.- incorporated October 6, 1997 - manages and
                    leases studio space to the film industry
                o   Meier Worldwide Intermedia Inc.(cdn) - incorporated November
                    28, 1996 - no activity
                o   Meier Studios Inc.- incorporated August 25, 1997 - manages
                    and leases studio space
                o   Meier Studios (Lake City) Inc. - incorporated December 18,
                    1997 - manages and leases  studio space
                o   Meier Studios (BB) - incorporated March 26, 1998 - no
                    activity
                o   H.R.H. Productions Inc.- incorporated October 6, 1997 -
                    movie production company - no operations
                o   Meier Studios Management Inc. - incorporated March 26, 1998
                    - movie production company - no operations
                o   Meier Entertainment Security Inc.- incorporated September
                    16, 1998 - movie production company no operations




                                       31




        o   Demand no interest loans to the Company of $17,421.
        o   Acquisition by the Company of the movie rights from Jim Meier -
            During June 1997 the Company received the rights to produce a movie
            on the life of John Meier from an officer of the Company which was
            recorded with no value.
        o   Contributions to capital by the payment of expenses of $22,696.
        o   During October 1997 the Company entered into management agreements
            with officers providing for the payment of monthly management fees
            of $5,000 plus expenses. The accrued and payable fees due through
            September 1999 were paid by the issuance of common capital stock of
            the Company and the agreement was canceled.
        o   Contributions to capital of services of $25,000 during the year ended
            October 31, 2002.

Item 13. Exhibits and Reports on Form 8-K.

(a)      List of documents filed as part of this Report:

         None

(b)      Exhibits:

         The following exhibits listed are filed as part of this Report:

         99.1 Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 - Meier
         99.2 Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 - Evans


Item 14. Controls and Procedures

Within 90 days prior to the date of filing of this report, we carried out an
evaluation, under the supervision and with the participation of our management,
including the Chief Executive Officer (who also effectively serves as our
Principal Financial Officer), of the design and operation of our disclosure
controls and procedures. Based on this evaluation, our Chief Executive Officer
concluded that our disclosure controls and procedures are effective for the
gathering, analyzing and disclosing the information we are required to disclose
in the reports we file under the Securities Exchange Act of 1934, within the
time periods specified in the SEC's rules and forms. There have been no
significant changes in our internal controls or in other factors that could
significantly affect internal controls subsequent to the date of this
evaluation.




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Signatures

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Title                                Name              Date               Signature

Principal Executive Officer        James Meier      March 10, 2003      /s/ James Meier

Principal Accounting               James Meier      March 10, 2003      /s/ James Meier
Officer

Principal Financial Officer        James Meier      March 10, 2003      /s/ James Meier


Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities and on the
date indicated.


SIGNATURE               NAME              TITLE          DATE


/s/ James Meier      James Meier         Director        March 10, 2003

/s/ Harry Evans      Harry Evans         Director        March 10, 2003





CERTIFICATIONS

I, James Meier, certify that:

1.  I have reviewed this annual report on Form 10KSB of Meier Worldwide Intermedia;

2.  Based on my knowledge, this annual 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 annual report; and

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



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4.  I and the issuer's other certifying officers are responsible for establishing
    and maintaining disclosure controls and procedures for the issuer and have:

        (i) Designed such disclosure controls and procedures to ensure that
    material information relating to the issuer, including its consolidated
    subsidiaries, is made known to us by others within those entities,
    particularly during the period in which the periodic reports are being
    prepared;

        (ii) Evaluated the effectiveness of the issuer's disclosure controls
    and procedures as of February 1, 2003 ("Evaluation Date"); and

        (iii) Presented in the report our conclusions about the effectiveness
    of the disclosure controls and procedures based on our evaluation as of the
    Evaluation Date;

5.  I and the issuer's other certifying officers have disclosed, based on
    our most recent evaluation, to the issuer's auditors and the audit
    committee of the board of directors (or persons fulfilling the
    equivalent function):

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

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

6.  I and the issuer's other certifying officers have indicated in the
    report whether or not 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.



Date:  March 10, 2003

/s/ James Meier
    James Meier
    Chief Financial Officer and CEO




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