UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                FORM 10-KSB

        [X]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934

                For the fiscal year ended December 31, 2001

                                    OR

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

                     Commission file number 333-52721

                    MICRO INTERCONNECT TECHNOLOGY, INC.
        (Name of Small Business Issuer as specified in its charter)






              70 Horizon Drive, Bedford, New Hampshire 03110
                 (Address of principal executive offices)

                               603-666-0206
             (Registrants telephone no., including area code)


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

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

Check whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 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 no disclosure of delinquent filers in response to Item  405 of
Regulation  S-B  is  contained in this form, and no disclosure  will be
contained, to the best of the issuer's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this
Form 10-KSB or any amendment to this Form 10-KSB. [  ]

The aggregate market value of the of the voting and non-voting common
stock held by non-affiliates computed by the price ($3.00 per share)
at which the common stock was sold as of March 30, 2002 - $799,350.

The issuer's revenues for the most recent fiscal year amounted to $5,397.

Common Stock outstanding at March 30, 2002 - 1,266,450 shares of
$.001 par value Common Stock.

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


<PAGE>


                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                             Table of Contents

PART I

Item 1  Description of Business                              3

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 Common Equity and
        Related Stockholder Matters                          5

Item 6  Management's Plan of Operations                      7

Item 7  Financial Statements                                 8

Item 8  Changes In and Disagreements With Accountants
        on Accounting and Financial Disclosure              26

PART III

Item 9  Directors, Executive Officers, Promoters
        and Control Persons                                 26

Item 10 Executive Compensation                              26

Item 11 Security Ownership of Certain Beneficial
        Owners and Management                               27

Item 12 Certain Relationships and Related Transactions      28

Item 13 Exhibits and Reports on Form 8-K                    29

Item 14 Controls and Procedures                             29

        Signature page                                      30





<PAGE>



PART I

Item 1 Description of Business.

     EXCEPT FOR THE HISTORICAL INFORMATION CONTAINED HEREIN, THE MATTERS
DISCUSSED IN THIS ANNUAL REPORT ON FORM 10-KSB ARE FORWARD-LOOKING
STATEMENTS THAT INVOLVE RISKS AND UNCERTAINTIES, INCLUDING THE TIMELY
DEVELOPMENT, INTRODUCTION AND ACCEPTANCE OF NEW PRODUCTS, DEPENDENCE ON
OTHERS, THE IMPACT OF COMPETITIVE PRODUCTS, PATENT ISSUES, CHANGING MARKET
CONDITIONS AND THE OTHER RISKS DETAILED THROUGHOUT THIS FORM 10-KSB.  ACTUAL
RESULTS MAY DIFFER MATERIALLY FROM THOSE PROJECTED. THESE FORWARD-LOOKING
STATEMENTS REPRESENT THE COMPANY'S JUDGMENT AS OF THE DATE OF THE FILING OF
THIS FORM 10-KSB. THE COMPANY DISCLAIMS, HOWEVER, ANY INTENT OR OBLIGATION
TO UPDATE THESE FORWARD-LOOKING STATEMENTS

     Micro Interconnect Technology, Inc.  (the "Company") was incorporated
under the laws of the State of Nevada on February 11, 1998. The Company is
considered a development stage company and has begun active product
development operations.  The Company owns exclusive licenses to use
innovative technology intended to improve the process and reduce the cost
of producing printed circuit boards by eliminating several steps in the
production process and by reducing both required materials and the use of
costly hazardous chemicals.  The Company believes that its technology will
permit production of higher resolution interconnects which could be used to
make electronics less expensive, smaller and faster.  The Company intends
to use the licensed technology as well as other proprietary technology to
develop direct electronic imaging, plating and etching workstations for
high density interconnects and a prototype production facility to
manufacture printed circuit boards.  The prototype production facility will
be used both to refine the products the Company is developing and to
demonstrate the Company's technology while manufacturing printed circuit
boards for third parties to generate profits which can be used to finance
additional product research and development.  If the Company can
successfully develop its technology into commercial viable processes and
products, it will license its technology and sell its products to other
manufacturers in the printed circuit board industry.

     The Company's prototype production facility is scheduled to be
completed by late Summer 2002.  By the end of the third quarter of 2002,
the Company expects to begin soliciting work for its production facility.

     The Company has made substantial progress in development of its direct
electronic imaging workstation, but has not yet determined when the direct
electronic workstation or any of the other workstations will be ready for
commercial release or production.  There can be no assurance that the
Company will be successful in developing workstations or processes
superior to those presently available from the Company's present
competitors. The risk of failure is high, because the Company may find it
more difficult than anticipated to reduce the basic concepts of the
proprietary technology to industrial production.

     The Company is competing in an industry with annual sales estimated to
exceed $36 billion annually.  Many of the Company's current and potential
competitors have longer operating histories, greater name recognition,
larger customer bases and significantly greater financial, technical and
marketing resources than the Company.  The market for which the Company's
products are being developed is intensely competitive and subject to rapid
technological change.  Competitors may develop superior products or
products of similar quality for sale at lower prices.  Moreover, there can
be no assurance that the Company's processes will not be rendered obsolete

3
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by changing technology or new industry standards, or that competitive
pressures faced by the Company will not materially adversely affect its
business, operating results and financial condition. Many of the Company's
competitors have the financial resources necessary to enable them to
withstand substantial price and product competition, which is expected to
increase. They can be expected to implement extensive advertising and
promotional programs, both generally and in response to efforts by other
competitors, to enter into existing markets or introduce new products. The
industry is also characterized by frequent introductions of new products.
The Company's ability to compete successfully will be largely dependent on
its ability to anticipate and respond to various competitive factors
affecting the industry. These include new products which may be introduced,
changes in customer preferences, demographic trends, pricing strategies by
competitors and consolidation in the industry where smaller companies with
leading edge technologies may be acquired by larger companies. This,
together with the limited capital available to the Company's marketing
effort, creates a significant competitive disadvantage to the Company. If
the Company is not able to compete successfully, regardless of the
development of its products, it will not succeed.

     There are multiple available sources of the materials the Company is
incorporating into its products and the prototype production facilities.
The Company does not believe that it will be dependent upon a few
suppliers.  There are also many potential customers for the Company's
intended products.  Until the Company has completed development of
commercial products, it is not possible to predict whether the Company will
become dependent upon one or a few major customers.  The Company intends to
establish a broad customer base, however.

     Certain of the Company's technology for developing its workstations
and processes for the production of high resolution electronic
interconnects will be protected by patents, issued and pending, exclusively
licensed by the Company. The Company intends to enforce its licensed
patents aggressively and will continue to seek patent protection for
innovations for which the Company's management, after consultation with
patent counsel, believes patent protection is available and advisable.
However, there can be no assurance that such protection will be available
or advisable in any particular instance, and there can be no guarantee that
future products will be patent protected or that a competitor will not
find a means of circumventing any patents that are awarded. There is no
guarantee that the Company will have the financial resources necessary to
protect its rights adequately. The unavailability of such protection or
the inability to adequately enforce such rights could materially adversely
affect the Company's business and operating results. In addition, the
Company operates in a competitive environment in which it would not be
unlikely for a third party to claim, frivolously or otherwise, that certain
of the Company's products may infringe the patents or rights of such third
parties.  Even the defense of any litigation arising from any such claims
may have adverse consequences to the Company.  If any such infringements
exist or arise in the future, the Company may be exposed to liability for
damages and may be required to obtain licenses relating to technology
incorporated into the Company's products.  The Company's inability to
obtain such licenses on acceptable terms or the occurrence of related
litigation could materially adversely affect the Company's operation.

     The Company's products are subject to numerous governmental
regulations designed to protect the health and safety of operators of
manufacturing equipment and the environment. In addition, numerous
domestic semiconductor manufacturers, including certain of the Company's
potential customers, have subscribed to voluntary health and safety
standards and

4
<PAGE>


decline to purchase equipment not meeting such standards. The Company
believes that its products will comply with all applicable material
governmental health and safety regulations and standards and with the
voluntary industry standards currently in effect. Because the future scope
of these and other regulations and standards cannot be predicted, there can
be no assurance that the Company will be able to comply with any future
regulation or industry standard. Non-compliance could result in
governmental restrictions on sales and/or reductions in customer acceptance
of the Company's products. Compliance may also require significant product
modifications, potentially resulting in increased costs and impaired
product performance.  Because the Company's products are being designed to
reduce the use of expensive and hazardous chemicals in the production of
high resolution interconnects and printed circuit boards, the Company
believes that government environmental and work regulations will
eventually work to the Company's competitive advantage.

     Since completion of the Company's initial public offering in May
1999, the Company has incurred research and development expenditures
in the amount of $ 457,032.  Since the Company's products are still under
development and the Company presently has no customers, the research and
development costs are borne directly by the Company.

The Company has two full time employees and utilizes the services of three
independent contractors.


Item 2 Description of Property.

     The Company conducts its business at a facility located on Tirrell
Hill Road in Goffstown, N.H. which it has leased from Ruth Berg, spouse of
N. Edward Berg, President and Chairman of the Board.  The Company does not
own any real property and has no present plans to acquire any real
property.  The Company believes that the existing leased facilities are
adequate for its present needs.

Item 3 Legal Proceedings.

     The Company is not a party to any pending legal proceeding.

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

     No matter was submitted during the fourth quarter of the fiscal year
covered by this report to a vote of security holders, by proxy or
otherwise.

PART II

Item 5 Market for Common Equity and Related Stockholder Matters.

     Currently the Company's $.001 par value Common Stock (the "Company's
stock") is traded over the counter on the NASDAQ Bulletin Board under the
trading symbol MITR.  During 2001 there was little significant trading
market for the Company's stock. Recently the high and low bid prices for
the Company's stock have been $3.00.  Such
quotations reflect inter-dealer prices, without retail mark-up, mark-down
or commission and may not represent actual transactions.

     No dividends have been paid on the Company's stock.  The Company
currently intends to retain earnings for use in operation and expansion of
its business and does not anticipate paying any dividends in the
foreseeable future.

5
<PAGE>


     The last reported sales price of the Company's common stock was $3.00
on March 30, 2001.  As of March 30, 2002, there were approximately 45
holders of record of the Company's stock.

    On March 2, 1999, the United States Securities and Exchange Commission
entered an order under SEC File No. 333-52721 declaring the Company's Form
SB-2 Registration Statement effective, and the Company immediately
commenced a public offering of 150,000 units of the Company's securities at
a price of $2.00 per unit for an aggregate price of $300,000.  Each unit
consisted of one share of the Company's $.001 par value Common Stock and
two redeemable common stock purchase warrants.  Each warrant was
exercisable to purchase one share of the Company's $.001 par value Common
Stock for $2.50 per share and was scheduled to expire if not exercised by
June 10, 2000.  The offering was terminated in May 1999 after the Company
successfully sold all 150,000 units of securities registered.  The gross
proceeds of the offering amounted to $300,000.  Stock offering costs of
$35,935, including legal fees, filing fees, and printing costs, were offset
against the proceeds of the offering, for net proceeds to the Company in
the amount of $264,065.  No underwriter was involved in the offering, and
no underwriting discounts, commissions, finder's fees or other
underwriter's expenses were paid. There were no direct or indirect
payments to directors or officers of the Company.

     From April through June 2000 the Company issued 116,450 shares of
common stock for $291,110 cash.  The stock was issued pursuant to the
exercise of 116,450 common stock purchase warrants.

     The net proceeds of the initial public offering and exercise of
warrants to the Company were immediately added to the Company's working
capital and have been used since in furtherance of the Company's business,
including research and development and general and administrative expenses.
The unused net proceeds of the offering are on deposit in interest bearing
accounts at the Company's bank. Of the amounts stated for research and
development and for general and administrative expenses, during 2001
$16,800 was paid to Ruth Berg, spouse of N. Edward Berg for rent of the
premises used by the Company, and approximately $24,000 gross salary was
paid to N. Edward Berg.  There were no other direct or indirect payments
to any director or officer of the Company, except for reimbursements of
amounts advanced for the Company.

     The use of the net offering proceeds is somewhat different from what
was described in the prospectus prepared in connection with the Company's
public offering.  Research and development expenditures to date have been
somewhat less than anticipated, and general and administrative expenditures
have been somewhat higher than anticipated.  There are three principal
reasons for the differences.  First, the Company has been able to progress
with its research and development faster and for less money than was
originally expected, in part due to greater than expected productivity of
its employees and in part due to availability of less expensive research
and development personnel than the Company originally contemplated.
Secondly, because of the faster than anticipated progress in its research
and development efforts, the Company's management has decided to use some
of the technology it licensed or developed to concurrently produce a
prototype printed circuit board production facility, increasing both the
space the Company is required to rent and other general and administrative
expenses.  Finally, with the benefit of hindsight, the Company believes
now that it originally underestimated the general and administrative
expenses required to conduct the Company's business efficiently.

   On October 19, 1999, the Company authorized the private sale of 45,250
warrants to purchase one share of the Company's common stock per warrant
for $2.50 per share. These warrants were not registered under the
Securities Act of 1933, and were offered and sold to only seven persons,
including four of the directors of the Company, the Company's patent
attorney and two technology consultants to the Company.  The transactions
were exempt from registration under Section 4(2) under the Securities Act
because they did not involve any public offering.  No underwriter was
involved in the transactions.  The consideration received for the warrants
was $.01 per warrant.  The warrants expire five years from the date of
issuance unless earlier exercised.  As of December 31, 2001, all 45,250 of
these warrants had been purchased.  The names of the persons

6
<PAGE>

receiving the warrants, the relationship such person has with the Company
and the number of warrants sold to each person are listed below.

James R. Boyack        Director                 12,500
Peter Roth             Director                 12,500
David B. Ostler        Director, formerly        1,250
Woodie Flowers         Director                  4,000
Brian Holland          Consultant               10,000
Norman Soloway         Patent Attorney           2,500
Robert Sedgewick       Consultant                2,500

In 2000, Mr. Ostler exercised his warrants to purchase 1,250 shares for
$2.50 per share.

Item 6 Management's Plan of Operations.

Overview of Operating Results:

Micro Interconnect Technology, Inc. continued the development of its
printed circuit board technology in 2001.  As of the end of fiscal 2001,
the company has substantially completed its initial prototype for a manual
production process for fabrication of single and double-sided printed
circuit boards.  Management believes that this manual process, with the
addition of some basic automation, may provide significant manufacturing
cost savings over existing commercial manufacturing processes and
equipment.  To complete the manual production process, the company spent
approximately 75% of its net loss on research and development activities.
Management believes that the manual system must have basic automation to
enable the commercial application of this technology.  The technology may
then be cost competitive with existing printed circuit board manufacturing
equipment due to the technology's likely commercial sales price, projected
labor savings, and a reduction of environmental waste created during the
manufacturing process.  However, basic automation for commercial
development, manufacture and sales of the company's technology will
require additional capital investment, as discussed below.

In 2001, sales of the company's prototype printed circuit boards increased
over the previous year, resulting in a modest source of cash for the
company.   These sales provided the company with insight and feedback from
customers regarding the company's technology and the quality of its
printed circuit board products.  The company also established a website,
www.mitcom.com, during 2001 in an effort to increase sales.  Due to the
company's limited financial resources, unless additional capital
investment is secured, as discussed below, the company may be unable to
continue operations beyond the near term.

Liquidity & Capital Resources:

As reflected in the accompanying financial statements, the company is
characterized as a development stage company.  In 2001, the company
recognized modest revenues, yet incurred significant research and
development expenses, resulting in a net loss from operations.  Due to
limited revenues, the company continues to consume cash for research and
development activities, despite management's cost-savings and cash
conservation efforts.  In an effort to further conserve cash resources,
management deferred a significant portion of its salaries, as reflected
in the footnotes to the financial statements and the statement of cash
flows.  Notwithstanding these efforts, the result of the company's
research activities thus significantly reduced cash balances and liquidity
in 2001.

7
<PAGE>


Moreover, continued efforts will be necessary to advance the company's
technology to the next level, which involves a more complete automation of
two or more critical steps in the printed circuit board manufacturing
process.  Management believes that these efforts are necessary for the
commercial exploitation of the company's technology.  Such efforts will
therefore require additional capital resources to accomplish these goals.
To that end, management has taken the following steps.  First, the
company's president and founder advanced $25,000 in the form of a
subordinated loan to the company during 2001.  This officer also advanced
a second $25,000 to the company in early 2002.  Second, the company
retained a financial advisor to assist the company in raising additional
capital, which may include seeking additional investors in a private
placement of the company's securities.  To the extent the company is not
successful in raising additional capital, the company may be unable to
continue its research and development efforts or fund continuing
operations.

Management does not believe that inflation or changing prices have had any
material effect on the company's financial results.

The statements contained in this report concerning the company's goals,
strategies and expectations for business and financial results are
"forward-looking statements" based on current expectations.  Such forward
looking statements specifically include statements relating to the cost-
competitiveness of the company's products, the company's ability to
complete the development of its products with its available capital
resources, the receipt of additional debt investment and ability to
attract additional capital, cash flow, revenue, and earnings and
profitability expectations.  No assurances can be given that the results
in any forward-looking statements will be achieved and actual results
could differ materially. Among the factors that could materially impact on
these statements are the existence of known and unknown products
competitive with the company's products, slower than expected marketplace
acceptance and purchases of the company's products and the company's
inability to obtain additional financing.  Please review the reports that
the company files with the Securities and Exchange Commission for
additional information concerning factors that could affect the company's
business.


8
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Item 7 Financial Statements







9
<PAGE>












                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                           FINANCIAL STATEMENTS

                             DECEMBER 31, 2001

























                                     10
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                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                        PAGE

        -  Independent Auditors' Report                                  12


        -  Balance Sheet, December 31, 2001                              13


        -  Statements of Operations, for the years ended
            December 31, 2001 and 2000 and from inception on
            February 11, 1998 through December 31, 2001                  14


        -  Statement of Stockholders' Equity (Deficit), from
            inception on February 11, 1998 through December 31, 2001     15


        -  Statements of Cash Flows, for the years ended
            December 31, 2001 and 2000 and from inception on
            February 11, 1998 through December 31, 2001               16 - 17


        -  Notes to Financial Statements                              18 - 25








                                     11
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                       INDEPENDENT AUDITORS' REPORT



Board of Directors
MICRO INTERCONNECT TECHNOLOGY, INC.
Bedford, New Hampshire

We  have  audited  the  accompanying balance sheet of  Micro  Interconnect
Technology, Inc. [a development stage company] at December 31,  2001,  and
the  related statements of operations, stockholders' equity (deficit)  and
cash  flows  for  the  years ended December 31, 2001  and  2000  and  from
inception on February 11, 1998 through December 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 audit.

We  conducted  our  audit in accordance with generally  accepted  auditing
standards.  Those standards require that we plan and perform the audit  to
obtain  reasonable  assurance about whether the financial  statements  are
free  of  material misstatement.  An audit includes examining, on  a  test
basis,  evidence supporting the amounts and disclosures in  the  financial
statements.   An  audit also includes assessing the accounting  principles
used  and  significant estimates made by management, as well as evaluating
the  overall financial statement presentation.  We believe that our  audit
provides a reasonable basis for our opinion.

In  our opinion, the financial statements audited by us present fairly, in
all  material  respects,  the  financial position  of  Micro  Interconnect
Technology,  Inc. [a development stage company] as of December  31,  2001,
and  the results of its operations and its cash flows for the years  ended
December 31, 2001 and 2000 and from inception on February 11, 1998 through
December  31,  2001,  in  conformity with  generally  accepted  accounting
principles.

The  accompanying  financial statements have been  prepared  assuming  the
Company  will continue as a going concern.  As discussed Note  10  to  the
financial  statements, the Company has current liabilities  in  excess  of
current  assets and has not yet been successful in establishing profitable
operations, raising substantial doubt about its ability to continue  as  a
going  concern.   Management's plans in regard to these matters  are  also
described  in  Note  10.   The financial statements  do  not  include  any
adjustments that might result from the outcome of these uncertainties.


PRITCHETT, SILER & HARDY, P.C.

February 28, 2002
Salt Lake City, Utah


<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                               BALANCE SHEET


                                  ASSETS

                                                                 December 31,
                                                                     2001
                                                                 ____________
CURRENT ASSETS:
  Cash in bank                                                   $     28,901
  Accrued interest receivable                                              19
  Prepaid expenses                                                        885
                                                                 ____________
        Total Current Assets                                           29,805

PROPERTY AND EQUIPMENT, net                                             3,287

OTHER ASSETS:
  Refundable deposits                                                     800
  Deferred stock offering costs                                         6,051
                                                                 ____________
                                                                 $     39,943
                                                                 ____________


              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
  Accounts payable                                               $      3,356
  Accounts payable - related party                                      5,727
  Other accrued liabilities                                            37,911
                                                                 ____________
        Total Current Liabilities                                      46,994

NOTE PAYABLE - RELATED PARTY                                           25,000

CONTINGENCIES [See Note 4]                                                  -
                                                                 ____________
        Total Liabilities                                              71,994

STOCKHOLDERS' EQUITY (DEFICIT):
  Preferred stock, $.001 par value, 10,000,000 shares
   authorized, no shares issued and outstanding                             -
  Common stock, $.001 par value, 50,000,000 shares
   authorized, 1,266,450 shares issued and outstanding                  1,267
  Capital in excess of par value                                      564,360
  Deficit accumulated during the development stage                   (597,678)
                                                                 ____________
        Total Stockholders' Equity (Deficit)                          (32,051)
                                                                 ____________
                                                                 $     39,943
                                                                 ____________

 The accompanying notes are an integral part of this financial statement.

                                     13
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                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                         STATEMENTS OF OPERATIONS


                                                For the         From Inception
                                               Year Ended      on February 11,
                                              December 31,      1998, Through
                                         ______________________  December 31,
                                            2001        2000         2001
                                         __________  __________  ____________

SALES, net                               $    5,397  $      300  $     12,692

COST OF SALES                                    54           3         4,692
                                         __________  __________  ____________
      Gross Profit                            5,343         297         8,000
                                         __________  __________  ____________
OPERATING EXPENSES:
  Selling                                     1,235           -         1,235
  General and administrative                 58,414      77,516       167,248
  Research and development                  157,827     211,910       457,032
                                         __________  __________  ____________
      Total Operating Expenses              217,476     289,426       625,515
                                         __________  __________  ____________
LOSS FROM OPERATIONS                       (212,133)   (289,129)     (617,515)
                                         __________  __________  ____________
OTHER INCOME (EXPENSE):
  Interest income                             3,036       9,754        19,898
  Interest expense - related party              (22)          -           (61)
                                         __________  __________  ____________
      Total Other Income (Expense)            3,014       9,754        19,837
                                         __________  __________  ____________
LOSS BEFORE INCOME TAXES                   (209,119)   (279,375)     (597,678)

CURRENT TAX EXPENSE                               -           -             -

DEFERRED TAX EXPENSE                              -           -             -
                                         __________  __________  ____________

NET LOSS                                 $ (209,119) $ (279,375) $   (597,678)
                                         __________  __________  ____________

LOSS PER COMMON SHARE                    $     (.17) $     (.23) $       (.52)
                                         __________  __________  ____________





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

                                     14
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                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

              FROM THE DATE OF INCEPTION ON FEBRUARY 11, 1998

                         THROUGH DECEMBER 31, 2001

                                                                      Deficit
                                                                    Accumulated
                         Preferred Stock  Common Stock   Capital in During the
                          _____________ ________________ Excess of  Development
                          Shares Amount  Shares   Amount Par Value     Stage
                          ______ ______ _________ ______ __________ ___________
BALANCE, February 11, 1998     - $    -         - $    - $        - $         -

Issuance of 1,000,000
 shares of common stock
 for cash at $.01 per
 share, February 1998          -      - 1,000,000  1,000      9,000           -

Net loss for the period
 ended December 31, 1998       -      -         -      -          -      (1,156)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 1998     -      - 1,000,000  1,000      9,000      (1,156)

Issuance of 150,000 shares
 of common stock for cash
 at $2.00 per share net of
 stock offering costs of
 $35,935, May 1999             -      -   150,000    150    263,915           -

Net loss for the year
 ended December 31, 1999       -      -         -      -          -    (108,028)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 1999     -      - 1,150,000  1,150    272,915    (109,184)

Issuance of 45,250
 warrants to purchase
 common stock for cash of
 $225 and services
 rendered valued at $227,
 or $.01 per warrant,
 February 2000                 -      -         -      -        452           -

Issuance of 116,450 shares
 of common stock through
 the exercise of warrants
 at $2.50 per share, June
 2000                          -      -   116,450    117    290,993           -

Net loss for the year
 ended December 31, 2000       -      -         -      -          -    (279,375)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 2000     -      - 1,266,450  1,267    564,360    (388,559)

Net loss for the year
 ended December 31, 2001       -      -         -      -          -    (209,119)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 2001     - $    - 1,266,450 $1,267 $  564,360 $  (597,678)
                          ______ ______ _________ ______ __________ ___________









 The accompanying notes are an integral part of this financial statement.

                                     15
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                         STATEMENTS OF CASH FLOWS


                                                For the         From Inception
                                               Year Ended      on February 11,
                                              December 31,      1998, Through
                                         ______________________  December 31,
                                            2001        2000         2001
                                         __________  __________  ____________
Cash Flows from Operating Activities:
 Net loss                                $ (209,119) $ (279,375) $   (597,678)
 Adjustments to reconcile net loss to net
  cash used by operating activities:
  Amortization expense                            -           -           486
  Depreciation expense                        1,162       1,106         2,870
  Non-cash services paid by issuance of
   warrants                                       -         227           227
  Changes in assets and liabilities:
   Decrease in accounts receivable                -         510             -
   (Increase) decrease in accrued
    interest receivable                         672         (16)          (19)
   (Increase) in prepaid expenses              (885)          -          (885)
   (Increase) in refundable deposits              -           -          (800)
   Increase (decrease) in accounts
    payable                                  (2,053)     (1,643)        3,356
   Increase in accounts payable - related
    party                                     5,654           3         5,727
   Increase in other accrued liabilities     27,381       8,286        37,911
                                         __________  __________  ____________
    Net Cash (Used) by Operating
     Activities                            (177,188)   (270,902)     (548,805)
                                         __________  __________  ____________

Cash Flows from Investing Activities:
 Payments for organization costs                  -           -          (486)
 Purchase of property and equipment            (565)          -        (6,157)
                                         __________  __________  ____________
    Net Cash (Used) by Investing
     Activities                                (565)          -        (6,643)
                                         __________  __________  ____________

Cash Flows from Financing Activities:
 Proceeds from common stock issuance              -     291,110       601,110
 Stock offering costs                        (6,051)          -       (41,986)
 Proceeds from sale of warrants                   -         225           225
 Proceeds from note payable                  25,000           -        25,000
                                         __________  __________  ____________
    Net Cash Provided by Financing
     Activities                              18,949     291,335       584,349
                                         __________  __________  ____________

Net Increase (Decrease) in Cash            (158,804)     20,433        28,901

Cash at Beginning of Period                 187,705     167,272             -
                                         __________  __________  ____________

Cash at End of Period                    $   28,901  $  187,705  $     28,901
                                         __________  __________  ____________

Supplemental Disclosures of Cash Flow Information:

 Cash paid during the period for:
   Interest                              $        -  $        -  $         39
   Income taxes                          $        -  $        -  $          -

                                [Continued]

                                     16
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                         STATEMENTS OF CASH FLOWS

                                [CONTINUED]


Supplemental Schedule of Noncash Investing and Financing Activities:

 For the year ended December 31, 2001:
   None

 For the year ended December 31, 2000:
   The Company issued 22,750 warrants to purchase common stock for services
   rendered valued at $227, or $.01 per warrant.









































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

                                     17
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  -  Micro Interconnect Technology, Inc. ("the  Company")  was
  organized under the laws of the State of Nevada on February 11, 1998.  The
  Company's planned principal operations are to license internally developed
  patented processes that improve the production of printed circuit  boards.
  The  Company  has  not  generated any revenue from its  planned  principle
  operations  and is considered a development stage company  as  defined  in
  Statement  of Financial Accounting Standards No. 7.  The Company  has,  at
  the  present  time, not paid any dividends and any dividends that  may  be
  paid  in  the  future will depend upon the financial requirements  of  the
  Company and other relevant factors.

  Cash and Cash Equivalents - For purposes of the financial statements,  the
  Company  considers  all highly liquid debt investments  purchased  with  a
  maturity of three months or less to be cash equivalents.

  Property  and  Equipment  - Property and equipment  are  stated  at  cost.
  Expenditures  for  major renewals and betterments that extend  the  useful
  lives  of  property  and equipment are capitalized upon  being  placed  in
  service.  Expenditures for maintenance and repairs are charged to  expense
  as incurred.  Depreciation is computed for financial statement purposes on
  a straight-line method over the estimated useful lives of the assets which
  range from five to seven years.

  Stock  Offering  Costs  - Costs related to proposed  stock  offerings  are
  deferred  and  will  be offset against the proceeds  of  the  offering  in
  capital  in  excess  of  par  value.  In the event  a  stock  offering  is
  unsuccessful,  the  costs  related to the  offering  will  be  written-off
  directly to expense.

  Revenue  Recognition - The Company is developing processes  to  lower  the
  costs  of production of printed circuit boards.  As the Company tests  its
  processes,  circuit  boards are produced as a  byproduct  and  sold.   The
  Company recognizes revenue upon delivery of the product.

  Advertising  Costs - Advertising costs, except for costs  associated  with
  direct-response advertising, are charged to operations when incurred.  The
  costs  of  direct-response advertising are capitalized and amortized  over
  the  period  during  which future benefits are expected  to  be  received.
  During  the  years  ended  December 31, 2001 and 2000,  advertising  costs
  amounted to $1,235 and $0, respectively.

  Stock  Based  Compensation  - The Company accounts  for  its  stock  based
  compensation   in  accordance  with  Statement  of  Financial   Accounting
  Standards  No.  123  "Accounting  for  Stock-Based  Compensation."    This
  statement  establishes an accounting method based on  the  fair  value  of
  equity   instruments  awarded  to  employees  as  compensation.   However,
  companies are permitted to continue applying previous accounting standards
  in  the  determination of net income with disclosure in the notes  to  the
  financial  statements  of  the  differences  between  previous  accounting
  measurements  and  those formulated by the new accounting  standard.   The
  Company  has  adopted  the disclosure only provisions  of  SFAS  No.  123.
  Accordingly,  the  Company  has  elected to  determine  net  income  using
  previous accounting standards.

  Research and Development - Research and development costs are expensed  as
  incurred [See Note 6].

                                     18
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Income  Taxes  - The Company accounts for income taxes in accordance  with
  Statement of Financial Accounting Standards No. 109 "Accounting for Income
  Taxes" [See Note 9].

  Loss  Per  Share  -  The computation of loss per share  is  based  on  the
  weighted average number of shares outstanding during the periods presented
  in  accordance with Statement of Financial Accounting Standards  No.  128,
  "Earnings Per Share" [See Note 12].

  Accounting  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, the disclosures of contingent  assets
  and  liabilities at the date of the financial statements, and the reported
  amount  of  revenues  and  expenses during the  reported  period.   Actual
  results could differ from those estimated.

  Recently  Enacted Accounting Standards - Statement of Financial Accounting
  Standards  ("SFAS")  No.  141,  "Business  Combinations",  SFAS  No.  142,
  "Goodwill  and  Other  Intangible Assets", SFAS No. 143,  "Accounting  for
  Asset  Retirement  Obligations", and SFAS No.  144,  "Accounting  for  the
  Impairment or Disposal of Long-Lived Assets", were recently issued.   SFAS
  No. 141, 142, 143 and 144 have no current applicability to the Company  or
  their effect on the financial statements would not have been significant.

  Reclassification  - The financial statements for years prior  to  December
  31,   2001  have  been  reclassified  to  conform  to  the  headings   and
  classifications used in the December 31, 2001 financial statements.

NOTE 2 - PROPERTY AND EQUIPMENT

  Property and Equipment consisted of the following at:

                                                                 December 31,
                                                                     2001
                                                                 ____________
           Office equipment                                      $      6,157
           Less accumulated depreciation                               (2,870)
                                                                 ____________
                                                                 $      3,287
                                                                 ____________

  During the years ended December 31, 2001 and 2000 depreciation expense
  amounted to $1,162 and $1,106, respectively.


                                     19
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 3 - OTHER ACCRUED LIABILITIES

  Other accrued liabilities consists of the following at:

                                                                 December 31,
                                                                     2001
                                                                 ____________
           Accrued payroll and payroll taxes                     $     31,928
           Accrued vacation                                             5,961
           Accrued interest payable - related party                        22
                                                                 ____________
                                                                 $     37,911
                                                                 ____________

NOTE 4 - CONTINGENCIES

  The  Company  has  received  a  letter from  an  attorney  representing  a
  shareholder of the Company asserting that the Company induced the exercise
  of warrants by representations of the Company.  The shareholder is seeking
  a  return of $25,000 in connection with the exercise of warrants  and  the
  repurchase  of  additional shares of common stock for  $87,500.   At  this
  time,  no  proceedings  have  been initiated  and  management  denies  the
  allegations.   Management  intends to vigorously  defend  itself  in  this
  matter.   No accrual for possible losses or settlements has been  recorded
  in the accompanying financial statements.

NOTE 5 - CAPITAL STOCK, OPTIONS AND WARRANTS

  Preferred  Stock  -  The  Company  has  authorized  10,000,000  shares  of
  preferred  stock,  $.001  par  value, with such  rights,  preferences  and
  designations and to be issued in such series as determined by the Board of
  Directors.  No shares are issued and outstanding at December 31, 2001.

  Common  Stock  -  The Company has authorized 50,000,000 shares  of  common
  stock  with  a  par value of $.001 at December 31, 2001, 1,266,450  shares
  were issued and outstanding.

  From  April  through June 2000, the Company issued 116,450 shares  of  the
  Company's  previously authorized but unissued common  stock  for  cash  of
  $291,110.   The stock was issued through the exercise of 116,450  warrants
  to purchase one share of common stock each.

  During  May 1999 the Company completed a public stock offering of  150,000
  units  at  $2.00  per  share.  Each unit consisted of  one  share  of  the
  Company's  previously  authorized  but  unissued  common  stock  and   two
  redeemable  common  stock  purchase warrants.  Each  warrant  allowed  the
  holder  to  purchase  one  share  of  common  stock  for  $2.50  and  were
  exercisable for a period of one year from the date of the offering.  Stock
  offering costs of $35,935 were offset against the proceeds of the offering
  in capital in excess of par value.

  During  February  1998, in connection with its organization,  the  Company
  issued  1,000,000 shares of its previously authorized but unissued  common
  stock for cash of $10,000 (or $.01 per share).

                                     20
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 5 - CAPITAL STOCK, OPTIONS AND WARRANTS [Continued]

  Stock  Warrants  - During 1999, the Company approved the  sale  of  45,250
  warrants to purchase common stock at $2.50 per share to various directors,
  consultants,  and  an attorney of the Company.  In February  2000,  45,250
  warrants  were  issued for cash of $225 and services  rendered  valued  at
  $227,  or $.01 per warrant.  The warrants are exercisable for five  years.
  As of December 31, 2001, 44,000 of these warrants were still outstanding.

  Stock Options - On June 15, 1999, the Company granted 30,000 stock options
  under  the 1998 Stock Option Plan.  The Company has adopted the disclosure
  only  provisions of Statement of Financial Accounting Standards  No.  123,
  "Accounting for Stock-Based Compensation."  No Compensation cost has  been
  recognized  for the stock options under APB 25 since the market  value  of
  the  Company's common stock was equal to the exercise price of the options
  on the date of grant.

  Stock  Option Plan - On February 17, 1998, the Board of Directors  of  the
  Company  adopted,  and the stockholders at that time  approved,  the  1998
  Stock  Option  Plan ("the Plan").  The Plan provides for the  granting  of
  awards of up to 1,000,000 shares of common stock to sales representatives,
  officers, directors, consultants and employees.  The awards can consist of
  stock  options,  restricted  stock awards, deferred  stock  awards,  stock
  appreciation rights and other stock-based awards as described in the Plan.
  Awards  under  the  Plan will be granted as determined  by  the  Board  of
  Directors.   At December 31, 2001, total options available to  be  granted
  under the Plan amounted to 970,000.

  A  summary of the status of the options granted under the Company's  stock
  option plan at December 31, 2001 is presented below:

                                                        December 31, 2001
                                                    __________________________
                                                              Weighted-Average
                                                     Shares    Exercise Price
                                                    ________  ________________
          Outstanding at beginning of year            30,000  $           2.00
          Granted                                          -  $              -
          Exercised                                        -  $              -
          Forfeited                                        -  $              -
          Expired                                          -  $              -
                                                    ________  ________________
          Outstanding at end of year                  30,000  $           2.00
                                                    ________  ________________
          Weighted average fair value of options
           granted during the year                         -  $              -
                                                    ________  ________________

                                     21
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 5 - CAPITAL STOCK, OPTIONS AND WARRANTS [Continued]

  A  summary  of  the status of the options outstanding under the  Company's
  stock option plan at December 31, 2001 is presented below:

                        Options Outstanding              Options Exercisable
              ________________________________________  ______________________
                                             Weighted-               Weighted-
    Range of               Weighted-Average   Average                 Average
    Exercise    Number        Remaining      Exercise     Number     Exercise
     Prices   Outstanding  Contractual Life    Price    Exercisable    Price
    ________  ___________  ________________  _________  ___________  _________
    $   2.00       30,000     4.5 years      $    2.00       30,000  $    2.00
    ________  ___________  ________________  _________  ___________  _________

NOTE 6 - RESEARCH AND DEVELOPMENT

  The  Company expenses the costs of research and development as  the  costs
  are  incurred.   Research and development costs amounted to  $157,827  and
  $211,910 for the years ended December 31, 2001 and 2000, respectively.

NOTE 7 - RELATED PARTY TRANSACTIONS

  Note Payable - On December 27, 2001, an officer/shareholder of the Company
  loaned  $25,000  to  the  Company as a note  payable.   The  note  accrues
  interest  at  8%  per annum and is payable in 36 monthly  installments  to
  begin January 27, 2005.  Maturity of the note payable for the years ended:

             December 31,                    Principal Due
             ____________                    _____________
                 2002                        $           -
                 2003                                    -
                 2004                                    -
                 2005                                7,679
                 2006                                8,316
                 2007                                9,005
                                             _____________
                                             $      25,000
                                             _____________

  Interest  expense  for the note payable for the years ended  December  31,
  2001 and 2000 amounted to $22 and $0, respectively.

  Stock  Warrants  -  During the year ended December 31, 1999,  the  Company
  approved the sale of warrants to purchase 45,250 shares of common stock to
  various  directors, consultants and an attorney.  Of the warrants approved
  to  sale, 30,250 were to directors.  As of December 31, 2001, directors of
  the  Company  continue  to  hold  29,000  of  the  warrants  which  remain
  outstanding.

                                     22
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 7 - RELATED PARTY TRANSACTIONS [Continued]

  License Agreement - The Company entered into a licensing agreement with an
  officer/shareholder  of the Company for the exclusive  rights  to  patents
  covering  electronic  interconnection manufacturing technologies  for  the
  United  States and it's territories and possessions.  The Company  pays  a
  royalty of 1% of gross sales and receipts for the rights.  During the year
  ended  December 31, 1999, the Company incurred costs of $4,071 to register
  additional patents owned by the officer and shareholder.  Incurring  these
  costs  extended  the licensing agreement to expire in 2014.   The  Company
  expensed  these costs during 1999.  For the years ended December 31,  2001
  and 2000, the Company had royalty expense of $54 and $3, respectively.  As
  of December 31, 2001, royalties payable to the officer/shareholder totaled
  $127.

  Management Compensation - Starting June 1, 1999 the Company's president is
  being  compensated by the Company.  For the years ended December 31,  2001
  and   2000,   the   Company  paid  approximately  $24,000   and   $46,000,
  respectively,  as  salary to the president.  At  December  31,  2001,  the
  Company has accrued salary payable to its president of $25,000.

  Rent Agreement - The Company rents office space from a related party on  a
  month-to-month basis.  Total rent expense during the years ended  December
  31, 2001 and 2000 was $16,800 and $16,800, respectively.

  Research  and  Development Expenses - During the years ended December  31,
  2001 and 2000, the Company purchased raw materials and labor in the amount
  of  $4,698  and  $6,084  from  a relative of an  officer/director  of  the
  Company.

NOTE 8 - CONCENTRATIONS

  Sales - All of the Company's sales were made to only four customers.   The
  following  table  lists the percent of sales made to  each  customer  that
  accounted  for  10% or more of total sales during the year ended  December
  31, 2001:

         Customer A          56%
         Customer B          28%
         Customer C          13%

  The  loss  of  these  significant customers  could  adversely  affect  the
  Company's business and financial condition.

  Location  -  The  Company  is  located in  Bedford,  New  Hampshire.   All
  activities of the Company are located in the Bedford area including all of
  the Company's property and research.

                                     23
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 9 - INCOME TAXES

  The  Company  accounts for income taxes in accordance  with  Statement  of
  Financial  Accounting Standards No. 109, "Accounting  for  Income  Taxes".
  SFAS  No.  109  requires  the  Company  to  provide  a  net  deferred  tax
  asset/liability  equal  to  the  expected future  tax  benefit/expense  of
  temporary  reporting differences between book and tax  accounting  methods
  and any available operating loss or tax credit carryforwards.  At December
  31, 2001, the Company has available unused operating loss carryforwards of
  approximately $604,000, which may be applied against future taxable income
  and which expire in various years through 2021.

  The  amount of and ultimate realization of the benefits from the operating
  loss carryforwards for income tax purposes is dependent, in part, upon the
  tax  laws in effect, the future earnings of the Company, and other  future
  events,  the  effects  of  which cannot be  determined.   Because  of  the
  uncertainty  surrounding  the realization of the  loss  carryforwards  the
  Company  has established a valuation allowance equal to the tax effect  of
  the  loss  carryforwards and, therefore, no deferred tax  asset  has  been
  recognized  for the loss carryforwards.  The net deferred tax  assets  are
  approximately $205,000 and $132,000 as of December 31, 2001  and  December
  31, 2000, respectively, with an offsetting valuation allowance of the same
  amount  resulting in a change in the valuation allowance of  approximately
  $73,000 during the year ended December 31, 2001.

NOTE 10 - GOING CONCERN

  The  Company was formed with a very specific business plan.  However,  the
  possibility  exists  that the Company could expend virtually  all  of  its
  working  capital  in  a  relatively short  time  period  and  may  not  be
  successful in establishing profitable operations.

  The  accompanying  financial statements have been prepared  in  conformity
  with   generally   accepted   accounting  principles   which   contemplate
  continuation of the Company as a going concern.  However, the Company  has
  current  liabilities  in excess of current assets and  has  not  yet  been
  successful in establishing profitable operations raising substantial doubt
  about the ability of the Company to continue as a going concern.  In  this
  regard,  management is proposing to raise any necessary  additional  funds
  through  loans, or through additional sales of its common stock or through
  the  possible acquisition of other companies.  There is no assurance  that
  the Company will be successful in raising this additional capital.

NOTE 11 - FINANCING AGREEMENT

  On  September  26,  2001 the Company entered into an  agreement  with  ACG
  Advisors,  LLC  and  ACG  Securities,  LLC  ("Advisors").   The  agreement
  provides that Advisors will assist the Company in raising up to $3,000,000
  through  equity or mezzanine securities to assist the Company to  continue
  its  development activities.  The Company will pay Advisors  five  monthly
  payments  of $2,000.  The Company will also issue 50,650 shares of  common
  stock to Advisors.  Advisors will also receive 7.5% of the proceeds raised
  (reduced  by the $2,000 monthly payments).  As of December 31,  2001,  the
  Company  had  paid  $6,000 to advisors which has  been  accounted  for  as
  deferred stock offering costs.  This agreement has a term of one year.



                                     24
<PAGE>

                    MICRO INTERCONNECT TECHNOLOGY, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 12 - LOSS PER SHARE

  The  following data show the amounts used in computing loss per share  and
  the  effect on loss and the weighted average number of shares of  dilutive
  potential common stock for the years ended December 31, 2001 and 2000  and
  from inception on February 11, 1998 through December 31, 2001:

                                                For the         From Inception
                                               Year Ended      on February 11,
                                              December 31,      1998, Through
                                         ______________________  December 31,
                                            2001        2000         2001
                                         __________  __________  ____________

         Loss from continuing operations
         available to common shareholders
         (numerator)                     $ (209,119) $ (279,375) $   (597,678)
                                         __________  __________  ____________
         Weighted average number of
         common shares outstanding used
         in loss per share for the period
         (denominator)                    1,266,450   1,217,770     1,150,499
                                         __________  __________  ____________

  At  December  31,  2001  the Company had 44,000 outstanding  warrants  and
  30,000 outstanding options which were not used in the computation of  loss
  per  share because their effect would be anti-dilutive.  Dilutive loss per
  share  was  not presented, as the Company had no common equivalent  shares
  for  all  periods presented that would affect the computation  of  diluted
  loss per share.

NOTE 13 - SUBSEQUENT EVENTS

  Note  Payable - On March 19, 2002, an officer/shareholder of  the  Company
  loaned  an additional $25,000 to the Company as a note payable.  The  note
  accrues interest at 8% per annum and is payable in 36 monthly installments
  to begin April 19, 2005.

                                     25
<PAGE>

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

     There are no changes in or disagreements with accountants on
accounting and financial disclosure.

Part III

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

DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

                      Officer or      Position    with    the
Name             Age  Director Since  Position with the Company
_______________  ___  ______________  ____________________________________
N. Edward Berg   67   1998            Director, President and Cheif
                                      Executive Officer

James R. Boyack  65   1998            Director

Peter H. Roth    64   1998            Director

Woodie Flowers   56   1998            Director

N. Edward Berg has been a Director and the President and Chief
Executive Officer of the Company since its inception in 1998.
Mr. Berg previously had founded and managed three successful
technology based companies, the most recent being Bedford
Computer a company that designed and built custom computerized
pre-press systems for the printing industry.  He has also
authored three books published by Graphic Arts Technical
Foundation.  Mr. Berg holds seven patents and three filings
dealing with techniques for making PCBs and display systems and
he holds national awards in electronics. Mr. Berg graduated from
Massachusetts Institute of Technology with a degree in Electrical
Engineering and an Option in Industrial Management from the Sloan
School of Management.

Dr. James R. Boyack has been a Director of the Company since its
inception in 1998.  Currently retired, Dr. Boyack most recently
worked for Polaroid Corporation, where he spent 28 years working
on the physical chemistry of instant photographic systems and on
digital image processing. He has a BS degree in Chemistry and a
PHD Degree in Physical Chemistry from the University of Utah.

Peter H. Roth has been a Director of the Company since its
inception in 1998. Mr. Roth is currently retired, having most
recently worked for Polaroid Corporation as a Research Fellow.
He is a Founding member of the ANSI/ISO committee on image
permanence. Mr. Roth has a BS Degree from C.C.N.Y. in Chemical
Engineering. He also has received a Masters Degree in Physical
Chemistry and a Masters Degree in Solid-State Physics from
Northeastern University.

Professor Woodie Flowers has been is a Director of and part time
consultant to the Company since its inception in 1998. Professor
Flowers is at Massachusetts Institute of Technology ("M.I.T.") as
the Pappalardo Professor serving as a professor of mechanical
engineering and as a Director of the New Products Program. Professor
Flowers attended Louisiana Polytechnic University and M.I.T. He
received his bachelor of Science in 1966, his Master of Science
in 1968, his degree in Mechanical Engineering in 1970 and his Doctor
of Philosophy in 1972.

Each Director serves until the next annual meeting of the stockholders
or until a successor is elected and qualified.  Officers serve for one
year election by the board of directors.

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
Section 16(a) of the Securities Exchange Act of 1934 requires that
directors, certain officers, and beneficial owners of more than 10%
of a registered class of the Company's equity securities file
reports of initial beneficial ownership and changes in beneficial
ownership of such securities with the Securities and Exchange
Commission and furnish copies of such reports to the Company.
Based solely upon its review of any such reports furnished to the
Company, the Company believes that during the fiscal year ended
December 31, 2001, such persons made all required filings.

Item 10. Executive Compensation

EXECUTIVE COMPENSATION
The following table sets forth information concerning the
compensation for services in all capacities to the Company for
the fiscal years ended December 31, 2001, December 31, 2000, and
December 31, 1999 of those persons who were at December 31, 2001
(i) the Chief Executive Officer and (ii) each of the four most
highly compensated executive officers of the Company other than the
Chief Executive Officer, (with the Chief Executive Officer,
collectively, the "Named Officers").

                                     26
<PAGE>


Summary Compensation Table
                                                  Long Term
                           Annual Compensation   Compensation
                          _____________________   Securities    All Other
Name and Principal                                Underlying   Compensation
Position            Year  Salary ($)  Bonus ($)    Options         ($)
__________________  ____  __________  _________  ____________  ____________

N. Edward Berg      2001     24,000       -            -             -
President-CEO
                    2000     46,000       -            -             -

                    1999     29,000       -            -             -

Employment Contracts

In 1999, the Company entered into an Employment Agreement with Mr. Berg.
The Employment Agreement provides for an annual salary of $50,000 and
was for the term June 1, 1999 to June 1, 2000.  The Employment Agreement
provides Mr. Berg with a death benefit of $3,000 and a disability benefit
of $3,125 per month after a six-week disability period.  The Employment
Agreement allows the Company to terminate the agreement only after Mr.
Berg has been unable to perform his duties or is absent from employment
for a period of five months.  The Company and Mr. Berg have continued to
operate under the Employment Agreement after the expiration of its term.


Item 11. Security Ownership of Certain Beneficial Owners and Management

MANAGEMENT AND PRINCIPAL SHAREHOLDERS

The following table sets forth certain information regarding beneficial
ownership of the common stock as of March 30, 2002 by (i) each person
who is known by the Company to beneficially own more than 5% of the
outstanding shares of common stock; (ii) each of the Company's directors
and executive officers; and (iii) all directors and officers of the
Company as a group:

                                Number of Shares   Percentage Beneficially
Name and Address               Beneficially Owned         Owned (1)
_____________________________  __________________  _______________________

N. Edward Berg                      1,000,000               78.96%
Director, President-CEO
70 Horizon Drive
Bedford, NH 03110

James R. Boyack (2)                    12,500                0.98%
Director
32 Hampton Meadows
Hampton, NH 03842

Peter H. Roth (3)                      15,500                1.21%
Director

                                     27
<PAGE>

34B Charles River Road
Waltham, MA 02453

Woodie Flowers (4)                      5,500                0.43%
Director
214 Boston Post Road
Weston, MA 02493

All executive officers and          1,033,500               79.78%
directors as a group (4
persons) (5)

(1)    Calculated  on the basis of the amount of outstanding  shares  of
       common  stock  plus, for each person or group,  any  shares  that
       person  or group has the right to acquire within 60 days pursuant
       to options, warrants, or other rights.

(2)    Includes 12,500 shares of common stock which Dr. Boyack  has  the
       right  to  acquire  within  60  days  pursuant  to  exercise   of
       warrants.

(3)    Includes  12,500 shares of common stock which Mr.  Roth  has  the
       right  to  acquire  within  60  days  pursuant  to  exercise   of
       warrants.

(4)    Includes  4,000  shares of common stock which  Professor  Flowers
       has  the right to acquire within 60 days pursuant to exercise  of
       warrants.

(5)    Includes  29,000  shares of common stock which  certain  officers
       and  directors have the right to acquire within 60 days  pursuant
       to exercise of warrants.

Item 12. Certain Relationships and Related Transactions

In June 1999, the Company entered into a one year lease for a facility
on Tirrell Road in Goffstown, New Hampshire with Ruth Berg, the spouse
of N. Edward Berg (a director and the majority shareholder of the
Company and the Company's CEO-President).  The Company continues to
occupy the space on a month-to-month basis for a monthly rent of $1,400,
thus incurring rental expenses of $16,800 per year. In 2001, the Company
paid $11,200 to Mrs. Berg as rent for the facility.

In 1998, the Company entered into an exclusive licensing agreement with
Mr. Berg for the exclusive rights for patents covering electronic
interconnection manufacturing technologies for the United States and
its territories and possessions. The Company pays a 1% royalty of gross
sales and receipts for the rights. During the years ended December 31,
1999 and 2000, the Company incurred costs of $4,071 and $12,642 to
register additional patents owned by Mr. Berg. According to the license
agreement, incurring these costs extends the license agreement to expire
in 2017.  For the years ended December 31, 2001 and 2000, the Company
had royalty expense in the amount of $54 and $3, respectively.  As of
December 31, 2001, royalties payable to Mr. Berg totaled $127.

On December 27, 2001, Mr. Berg loaned $25,000 to the Company as a note
payable. The note accrues interest at 8%  per annum and is payable in
36 monthly installments to begin January 27, 2005. Maturity of the note
payable for the years ended:

             December 31,                    Principal Due
             ____________                    _____________
                 2002                        $           -
                 2003                                    -
                 2004                                    -
                 2005                                7,679
                 2006                                8,316
                 2007                                9,005
                                             _____________
                 Total                       $      25,000

Interest expense for the note payable for the year ended December 31,
2001 amounted to $22.

On October 19, 1999, the Company authorized the private sale of 45,250
warrants to purchase one share of the Company's common stock per warrant
for $2.50 per share. These warrants were not registered under the
Securities Act of 1933, and were offered and sold to only seven persons,
including four of the directors of the Company, the Company's patent
attorney and two technology consultants to the Company.  The transactions
were exempt from registration under Section 4(2) under the Securities
Act because they did not involve any public offering.  No underwriter
was involved in the transactions. The consideration received for the
warrants was $.01 per warrant. The warrants expire five years from the
date of issuance unless earlier exercised.  As of December 31, 2001, all

                                     28
<PAGE>

45,250 of these warrants had been purchased. The names of the persons
receiving the warrants, the relationship such person has with the Company
and the number of warrants sold to each person are listed below.

James R. Boyack        Director                 12,500
Peter Roth             Director                 12,500
David B. Ostler        Director, formerly        1,250
Woodie Flowers         Director                  4,000
Brian Holland          Consultant               10,000
Norman Soloway         Patent Attorney           2,500
Robert Sedgewick       Consultant                2,500

In 2000, Mr. Ostler exercised his warrants to purchase 1,250 shares for
$2.50 per share.

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

(a)   Documents filed as a part of this Form 10-K:

     1.   Financial Statements. The Consolidated Financial Statements
     listed in the Table of Contents to Financial Statements and
     Financial Statement Schedules under Item 7 above are filed as
     part of this Annual Report on Form 10-K.

     2.   Exhibits. The Exhibits listed in the Exhibit Index
     immediately preceding such Exhibits are filed as part of this
     Annual Report on Form 10-K.

(b)   Reports on Form 8-K:   None.



Item 14.  Controls and Procedures.

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

The  Chairman and President-CEO of the Company has reviewed and  evaluated
the  effectiveness of disclosure controls and procedures  (as  defined  in
Exchange Act Rules 240.13a-14(c) and 15d-14 (c)) within 90 days before the
filing of this annual report.  Based on that evaluation, the Chairman  and
President-CEO  has  concluded  that his current  disclosure  controls  and
procedures are, in all material respects, effective and timely,  providing
him with material information relating to that required to be disclosed in
the reports the Company files or submits under the Exchange Act.

Changes in Internal Controls

There  have  not  been any significant changes in the  Company's  internal
controls  or,  to its knowledge, in other factors that could significantly
affect  these  controls subsequent to the date of their  evaluation.   The
Company   is  not  aware  of  any  significant  deficiencies  or  material
weaknesses and, therefore, no corrective actions were taken.

                                     29
<PAGE>


SIGNATURES

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

Date: March 25, 2003

MICRO INTERCONNECT TECHNOLOGY, INC.

By:  /s/ N. EDWARD BERG, PRESIDENT
    _______________________________
     N. Edward Berg, President-CEO


Signature                Title
_____________________    _________________________________________________

/s/ N. EDWARD BERG       President-CEO (Principal Executive, Financial and
N. Edward Berg           Accounting Officer) and Chairman of the Board


/s/ JAMES R. BOYACK      Director
James R. Boyack


/s/ PETER ROTH           Director
Peter Roth

                                     30
<PAGE>


Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
(18 U.S.C. Section 1350)

I, N. Edward Berg, President-CEO and principal executive, financial and
accounting officer of Micro Interconnect Technology, Inc., certify that:

1.  I have reviewed this annual report on Form 10-KSB/A of Micro
Interconnect Technology, Inc.;

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;

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 registrant as of, and for, the periods presented
in this annual report;

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

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

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

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

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

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

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

6.  I have indicated in this annual 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 my most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


Date: March 25, 2003                    /s/ N. Edward Berg
                                       ____________________
                                       N. Edward Berg
                                       President-CEO and
                                       Principal Executive,
                                       Financial and
                                       Accounting Officer


                                     31
<PAGE>


EXHIBIT INDEX

Exhibit No.

3.1  Articles of Incorporation - Incorporated by reference to
     Exhibit 3a to Amendment No. 3 of the Company's Registration
     Statement on Form SB-2/A (SEC File No. 333-52721), as filed
     with the Securities and Exchange Commission on February 1, 1999.

3.2  Bylaws - Incorporated by reference to Exhibit 3b to Amendment
     No. 3 of the Company's Registration Statement on Form SB-2/A
     (SEC File No. 333-52721), as filed with the Securities and
     Exchange Commission on February 1, 1999.

10.1 Micro Interconnect Technology, Inc. 1998 Stock Option Plan -
     Incorporated by reference to Exhibit 99a to Amendment No. 3 of
     the Company's Registration Statement on Form SB-2/A (SEC File No.
     333-52721), as filed with the Securities and Exchange Commission
     on February 1, 1999.

10.2 Patent Licensing Agreement - Incorporated by reference to
     Exhibit 99c to Amendment No. 3 of the Company's Registration
     Statement on Form SB-2/A (SEC File No. 333-52721), as filed with
     the Securities and Exchange Commission on February 1, 1999.

10.3 Agreement for Facilities - Incorporated by reference to Exhibit
     99d to Amendment No. 3 of the Company's Registration Statement
     on Form SB-2/A (SEC File No. 333-52721), as filed with the
     Securities and Exchange Commission on February 1, 1999.

10.4 Employment Agreement with N. Edward Berg Dated June 1, 1999 -
     Incorporated by reference to Exhibit 10.4 to the Company's
     amended Annual Report on Form 10-KSB/A (SEC File No. 333-52721),
     as filed with the Securities and Exchange Commission on June 21,
     2000.

10.5 Agreement with ACG Advisors, LLC and ACG Securities, LLC dated
     September 26, 2001 - Confidential materials, omitted and filed
     separately with the Securities and Exchange Commission.

23   Consent of Pritchett, Siler & Hardy, P.C.

99.1 Certification pursuant to Section 906 of the Sarbanes-Oxley Act
     of 2002.


                                     32
<PAGE>


Exhibit 99.1

MICRO INTERCONNECT TECHNOLOGY, INC.

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Micro Interconnect Technology,
Inc. (the "Company") on Form 10-KSB/A for the period ending December 31,
2001 as filed with the Securities and Exchange Commission on the date
hereof (the "Report"), I, N. Edward Berg, President-CEO and principal
executive, financial and accounting officer of the Company, certify,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906
of the Sarbanes-Oxley Act of 2002, that:

1.  The Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

2.  The information contained in the Report fairly presents, in all
material respects, the financial condition and result of operations of
Micro Interconnect Technology, Inc. as of December 31, 2001.


Date: March 25, 2003                    /s/ N. Edward Berg
                                       ____________________
                                       N. Edward Berg
                                       President-CEO and
                                       Principal Executive,
                                       Financial and
                                       Accounting Officer

                                     33
<PAGE>