UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   Form 10-KSB/A

(Mark One)

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

For the fiscal year ended     November 30, 2000

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

For the transition period from ____________ to _______________

Commission file number ___________________

                                 MILLENIA HOPE
                 (Name of small business issuer in its charter)

          Delaware                                      98-0213 828
State or Other Jurisdiction of              (I.R.S. Employer Identification No.)
Incorporation or Organization)

4055 St. Catherine West, Suite 142                             H3Z 3J8
(Address of principal Executive Offices)                       Zip Code


Issuer's telephone number: (514) 846-5757

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

Securities registered pursuant to Section 12 (g) of the Act" Common stock, par
value $0.0001 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 S-B 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: $302,495

As of January 16, 2001, the aggregate market value of the issuer's common stock
based on its reported last sale price on the OTC Bulletin Board) held by
non-affiliates of the issuer was approximately $5,434,280. At January 16, 2001
20,526,515 shares of issuer's common stock were outstanding.


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                               MILLENIA HOPE INC.

                           FORM 10-KSB ANNUAL REPORT
                               TABLE OF CONTENTS

SECTION

PART 1

 Item 1.  Business
 Item 2.  Properties
 Item 3   Legal Proceedings
 Item 4.  Submission of Matters to a Vote of Security Holders

PART II

 Item 5.  Market for Registrant's Common Equity and Related
            Stockholder Matters
 Item 6.  Management's Discussion and Analysis of Financial Condition
            and Results of Operation
 Item 7.  Financial Statements and Supplementary Data

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

PART III

 Item 9.  Directors and Executive Officers of the Registrant
 Item 10. Executive Compensation
 Item 11. Security Ownership of Certain Beneficial Owners and Management
 Item 12. Certain Relationships and Related Transactions

PART IV

 Item 13  Exhibits, Financial Statement Schedules and Reports on Form 8-K


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PART I.

Item 1. Description of Business.

(a)  Business Development

Millenia Hope Inc., a Delaware corporation, was organized on December 24, 1997.
The Company has not been involved with any bankruptcy, receivership or similar
proceedings. The Company has not had any material reclassification, merger,
consolidation, or purchase or sale of a significant amount of assets not in the
ordinary course of business.

(b)  Business of Issuer

MILLENIA was formed to further develop and distribute an anti-malarial drug
formerly known as "ASPIDOS" now called MALAREX(R) (the "Product"). As disclosed
later, the Company has also acquired the rights to another anti-material agent,
strychnos mytroides, although we are not currently pursuing the project.

Millenia's goal as a biopharmaceutical corporation is to both purchase and
develop patented drugs dealing with infectious diseases specifically, but not
exclusively, anti-malarial agents. To date, the Company has had no sales.
Further, internally generated funds are not sufficient to fund the operation of
the Company for the upcoming fiscal year. However, the officers and certain
shareholders have committed to fund the operations of the Company for the next
fiscal year. (See note 6 of the financial statements)

MALARIA, THE DISEASE

Malaria is predominant in four regions of the world:

     Africa
     India
     South East Asia
     Central and South America

Malaria is one of the most debilitating diseases in the developing world today.
Once thought to be virtually eradicated, malaria has resurfaced to affect over
500 million people annually. And that is only the reported cases. It is
suspected that the reported cases may represent less than one third of actual
existing cases. It is now known that mosquitoes have not only been able to
develop an immunity to the chemical insecticides used to control breeding but,
they have also developed resistance to many of the anti-malarial drugs on the
market today.

Malaria is a disease that is caused by a parasite. This parasite spends most of
its life in the red blood cells of humans. Female mosquitoes are the primary
transmittal agent for these parasites. The parasites are ingested by the female
mosquito when feeding on an infected person's blood and then spread when biting
another person. Once inside the mosquito, the parasites migrate to the salivary
glands where they are free to be transmitted with the next bite.

Four species of malaria parasites cause disease in humans:

     Plasmodium vivax
     P. Malariae
     P. Falciparum
     P. Ovale.


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The World Health Organization estimates that some 500 million people each year
are affected by malaria. The effect that malaria has on the world is truly
devastating, particularly on women. Malaria accounts for almost 3 million
deaths, a large portion of which are children. Children are dying from malaria
at the rate of 20,000 a week. Malaria is a major cause of death in first-time
mothers.

P. Falciparum is the most common and causes the majority of deaths, accounting
for approximately 90% of African and about 50% of India, South East Asia and
Latin America malaria cases. P. Falciparum is the form of malaria that Millenia
Hope is working to combat, accounting for approximately 55-60% or 275-300
million of the known cases of malaria and approximately 850,000 - 1,500,000
deaths.

Estimated lost work time for people affected with malaria is over US$ 2 billion
annually and if the trend is not reversed will soon be more than US$ 3 billion.
A single bout of malaria is estimated to cost a sum equivalent to 10-20 working
days in India or Africa.

CURRENTLY AVAILABLE TREATMENTS

In the pursuit of the eradication of malaria, scientists and researchers have
developed many different drugs to battle the parasite. As the parasite develops
a resistance to one drug, researchers must continue to look for other
combinations that will be effective in controlling the disease.

Quinine, a natural product from the bark of the cinchona tree, was one of the
first treatments for malaria and appeared in the 17th century. It is still
effective but can be toxic. Quinine remained the drug of choice for treatment
and prevention until 1942 when it was replaced by chloroquine. With widespread
chloroquine resistance, quinine together with artemether have once again become
an important treatment for malaria.

Chloroquine (Aralen), was first used in the 1940's and is a weekly treatment.
Today it is manufactured by all the major pharmaceutical companies. The first
cases of resistance were found in South America and South East Asia in the early
60's and it is now practically ineffective almost everywhere. However it is
still the most widely used anti-malarial treatment in Africa as it is the
cheapest drug available.

Sulfadoxone / pyrimethamine (Fansidar), was developed in the 1960's. The
treatment consists of three doses taken together in one day. Today, this drug is
manufactured by a number of pharmaceutical companies; the Fansidar trademark
belongs to Hoffman LaRoche. Despite widespread resistance in South East Asia and
parts of South America, it is starting to become the first line of treatment in
some African countries where chloroquine resistance is even more widespread.

Mefloquine (Lariam), was developed by the U.S. army in the early 1980's and
commercialized by Hoffman LaRoche. Resistance has been observed since the early
1980's, particularly in the South East Asian countries.

Halofantrine, was also developed by the U.S. army and marketed by SmithKline
Beecham. In the 1990's, cross-resistance with mefloquine and side effects
(sometimes severe) have been observed.

Artemisinins, (derived from an ancient Chinese herbal remedy) comprise a family
of products. The two compounds most widely used, mainly in South East Asia, are
artemether and artesunate, They are not widely used in the developed world in
part due to toxicity fears. Due to the high rate of treatment failures,
artemisinins are now also being combined with mefloquine.

In addition to the above, there have been other drugs tested and used over the
years in the fight against malaria. Many were the forerunners of one of more of
the above. Currently many drugs based on new compounds are being tested along
with possible vaccines. The aforementioned information was reported in the
Malaria Foundation Fact Pack, May 14, 1998, Section 5.B. The Fact Pack can be
found at www.malaria.org.


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An analysis of the current problems being experienced with the available drugs
as listed by the Malaria Foundation Fact Pack and summarized above leads to the
obvious conclusion that all of the above families of anti-malarial agents have
the same problem in common: the resistance developed by malaria to a greater or
lesser degree to each of the above mentioned drugs.

There is insufficient research into novel drug targets.  Current new options are
based on the same three families of compounds (the quinolines,  antifolates, and
artemesinin  derivatives)  all  of  which  have  records  of  resistance  and or
ineffectiveness.

PRODUCT HISTORY

MALAREX

Although Millenia is a relatively new company, the existence of the natural
components of Malarex are not. Known by the Brazilian natives as "Taheebo", the
Pau Pereira is a tropical rain forest tree that exists in over 100 different
species. These trees, having healing properties, were used by indigenous
medicine men in Brazil.

Since it is a tree that has evolved in tropical rain forests, the Pau Periera
does not rot when stored at ambient temperatures. Pau Periera was used for
centuries for an assortment of applications. The tree's bark was invariably the
potion used by the natives in their therapeutic practices. It was administered
by infusion, was chewed and was even applied in poultices.

The final refined process using the species of tropical rainforest tree called
Peschiera Fuelsiaefolia, found in Brazil and Madagascar, was eventually
accomplished by the research team of Silvia Rossi and Guiseppe Motta operating
in Europe in 1997. Thereafter, Millenia bought all rights to MALAREX from the
co-owners of the patent applications, Mr. Rossi and Mr. Motta on January 7,
1998. Subsequent to this sale, Mr. Motta joined the company as its VP of
Research, as a non-salaried employee who has a verbal agreement with Millenia
allowing it first right of refusal on his research findings.

MALAREX exhibited positive results when administered to malaria patients.
Extracted from natural sources, MALAREX is not a synthetically derived drug.
MALAREX has had successful tests in the treatment and prevention of malaria and
is continuing with further ongoing tests to allow it to receive final approval
for consumer usage.

Based on our testing of MALAREX we have found that it is a product that needs no
other catalysts or chemicals in any manufacturing stages whether in capsule form
or as an injectable solution.

Throughout in-vitro (cultured cell-tests) and in-vivo (live trials) tests (see
Test Results), no undesirable side effects were detected. When treated with
MALAREX there was no need to take post treatment vitamins or other additives for
restructuring the immune system. Moreover, because of its immune-modulatory
properties (see test results - Journal of Natural Products vol. 57 November
1994), the extract is non-allergenic and non habit forming. MALAREX is still
undergoing clinical trials and the company is still waiting for the approval of
the respective country's health authorities to begin selling the product.

MALAREX (Voacamine) is produced in two forms, capsules and injectables. Because
there is a high number of malaria cases in infants, capsules are sometimes not a
viable alternative. Generally, the capsules are recommended from the age of four
years and older and injections are recommended for the new born and children
under four years of age.

Negotiations are being held with an international pharmaceutical company to have
MALAREX produced in Brazil one of the major sources of the raw material,
Peschiera Fuchsiaefolia, needed to produce MALAREX. Sufficient raw material
exists to ensure the supply required to meet and surpass our current sales
objectives and to meet expected demand for the foreseeable future. The current
product requires no more development and will be manufactured and sold in its
current state.


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As of August 31, 2000 Millenia had entered into the final stages of negotiation
to acquire an interest in Cibecol Industrial Farmaceutica. Millenia has a
$500,000 US deposit pending the final outcome of these negotiations. Cibecol
operates a 20,000 square foot manufacturing facility and also owns 80 hectare of
arable land, located, in Porto Allegre, Brazil. Millenia will use the Brazilian
facility for the production of Malarex. Cibecol operates one of the largest
phyto-pharmaceutical plants in southern Brazil. In addition to producing
voacamine, the active agent in Malarex, Cibecol would continue to produce its
own group of 61 natural medicines that are currently being marketed in Brazil.
This acquisition would be a key step forward toward Millenia's goal of becoming
a vertically integrated producer and distributor of Malarex.

On April 12, 2001, Millenia agreed in principal to acquire 68% of CIBECOL
INDUSTRIAL FARMACEUTICA LTDA. The finalization of the acquisition will be
negotiated within a 90 day time frame.

STRYCHNOS

As per the business statement of the company (see Business of Issuer, pg. 1), on
June 1, 1999 the company acquired from Mr. Silvio Rossi, one of the
co-discoverers of MALAREX, the patent rights to the anti-malarial agent
STRYCHNOS MYTROIDES (to be known as STRYCHNOS). The patent rights to STRYCHNOS
were solely owned by Mr. Rossi.

At the present time, the company is not pursuing an active course of action with
regard to the STRYCHNOS patent. Since MALAREX is much closer to being brought to
the market, the Company is expending most of its resources on it. Once MALAREX
has been established in the market place and given the availability of funds,
the company intends to devote resources to actively develop STRYCHNOS.

The alkaloids of STRYCHNOS MYTROIDES are extracted by drying and converting the
stem barks of STRYCHNOS MYTROIDES into a powder. Exhaustive extraction is done
by repeated maceration and the resulting product is then processed to yield
crude tertiary alkaloids. Once the process has been completed the alkaloids of
STRYCHNOS MYTROIDES are used in combination with Chloroquine to enhance the in
vivo effectiveness of this drug against currently CQ-resistant strains of
malaria Plasmodim Falciparum. They also enhanced in vivo Chloroquine activity
against a resistant strain of Plasmodium Yoellii. (See Rasoanaiva P. et al in
Planta Medica: 13-16,1994).

Due to the serious resistance being currently encountered by Chloroquine, still
the most popular anti-malarial drug on the African continent, the ability of
STRYCHNOS in combination with Chloroquine to ameliorate some of the above
mentioned problem is a promising development.

The company intends, in the future, to continue research in this area both to
increase the efficacy of STRYCHNOS in combination with Chloroquine and to get
certification from the Department of Health of various African countries so as
to bring another weapon to bear in the fight against malaria.

MARKET SIZE

According to the World Health Organization (1999), malaria risks of varying
degrees exist in 100 countries and territories. Estimates of populations at risk
within these 100 countries total in excess of 2.3 billion people or 40% of the
world's population.


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The WHO 1999 estimates 1.5-2.7 million deaths from malaria of which
approximately 850,000- 1,500,000 are caused by P. Falciparum. In addition to the
reported cases of contracted malaria, control programs dispense medication for
the prevention of malaria in the amount of a further 70 million plus complete
treatments annually.

The WHO estimates that for each clinical case reported, there exists at least
one, possibly two, that are unreported. Relative to the enormous number of
infected humans, it would be virtually impossible to eradicate the disease
altogether. If the disease was better controlled prevention, rather than
treatment, would become the dominant control factor.

Estimates of expenditures on treatment for the control and prevention of malaria
are in excess of US$10 Billion annually. The World Bank, per its figures,
allocates US$ 2.5 Billion to third world countries for malaria treatment.

DISTRIBUTION AND PRICING

Millenia's objective is to see that MALAREX is made available to as many people
as possible; as quickly as possible. In order to accomplish this goal, it is
Millenia's intention to initially focus on the production aspects of the product
and have it distributed where possible within already existing distribution
networks. Through an aggressive pricing strategy, Millenia intends to make
MALAREX available at prices that are less than the cost of other drugs currently
used in the treatment of malaria. This will facilitate MALAREX'S entry into a
marketplace that is price sensitive and should help it build sales volume due to
its lower price. Even with pricing below that of the competition, the Company
should still earn a net profit that will allow future growth potential.

Millenia intends to begin selling MALAREX, as soon as permission is given by the
appropriate authorities in the countries in which the tests are being conducted,
even before any finalized patents are granted for MALAREX.

On January 9, 1998, the Company signed a 5 year non-exclusive worldwide
marketing agreement for MALAREX with L'Espoir du Millenaire Inc. The only
obligations under the contract are for the payment by L'Espoir to Millenia of
$30,000 annually for the 5 years and the obligation of L'Espoir to sell, at
least on average, $5 million of MALAREX for the fiscal years 2001-2003 in order
to retain this contract. This presupposes that permission will be granted by
countries to allow sales of MALAREX before 2001. Millenia believes , based on
its best estimates, that such permission will be granted before 2001 but has no
concrete basis to state this as a categorical fact. As such, should said
permission fail to materialize, the L`Espoir contract`s sales goal will be
extended to take this into consideration. The agreement also provides that
L'Espoir agrees to buy MALAREX or any other anti-malarial drug or agent, solely
from Millenia. The agreement further provides that Millenia has the sole
discretion in setting the price for MALAREX and L'Espoir is obligated to buy at
that price. Mr. Claude Villeneuve, a less than 5% shareholder of Millenia, is
the CEO and 100% owner of L'Espoir. However, since Mr. Villeneuve is neither an
officer or director and is unaffiliated with Millenia excepts as a less than 5%
shareholder, he has no ability to influence the price of MALAREX.

On January 3, 1999, Millenia signed a non-exclusive world-wide agreement with
Richgold Corporation S.A. , a Panamanian corporation, for $1,465,000. Richgold
is to seek out potential buyers of Millenia`s regional licenses, enter
negotiations, together with Millenia with the perspective client and,
ultimately, successfully conclude the sale of said licenses, over the following
two years. These regional licenses allow the licensee to be the exclusive
purveyor of MALAREX in a specific region.

The purchaser of the license must agree to buy MALAREX , or any other
anti-malarial drug or agent, solely from Millenia and that Millenia has sole
discretion in setting the price of MALAREX.


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Due to the fact that the results of these services did not live up to the
company's expectations, it was agreed upon by the company and Richgold that
Richgold would reimburse $1,165,000 to Millenia. This entire amount has been
applied to paid in capital.

PATENTS AND OTHER RIGHTS PURCHASED

Proprietary protection is an integral part of Millenia's strategy. The
commercial success of products, especially in the pharmaceutical industry, is
highly dependant upon their uniqueness being protected by patents. To this end
Millenia has not only purchased the patent rights and all other rights to
MALAREX and STRYCHNOS; it has also secured all research and development data and
notes pertaining to the above noted drugs from the commencement of initial
research to synthesis of the drug. In the future, as other products are
developed and come on line or are purchased, Millenia will take all necessary
steps to see that its product have the full measure of legal protection.
Furthermore; should there be any questions of infringement on its proprietary
rights, Millenia will be aggressive in asserting its legal position.

Currently, its 2 anti-Malarial drugs, MALAREX and STRYCHNOS, are protected under
patent applications filed covering their development. When the patent
applications were filed, the required documentation was filed along with it at
the appropriate patent offices. To the extent that Millenia is successful in
prosecuting its patent applications and they are accepted as valid patents, the
protection accorded is retroactive to the date of the original filings.

Subsequent to meetings and discussions held in 1997 it was agreed that Millenia
would buy all rights to this product. This included but was not exclusive of
Italian Patent applications, PCT (international) Patent Applications, all
patents derived from the aforementioned, all priority rights and all commercial
and non-commercial rights without limitation. No residual rights belong to the
co-discoverers. An Italian patent Application registered MALAREX on March 26,
1998 for use as an anti-malarial agent and any secondary medicinal uses that may
be found in the course of testing or further research. PCT (International)
Patent Application for the same usage was filed on March 25, 1999. An Italian
Patent Application registered STRYCHNOS on June 1, 1999 for use as an
anti-malarial agent specifically, but not limited to, for usage as an adjuvant
to Chloroquine in fighting malaria. These three Patent applications have all
been approved for study of their technical merits. This is the first stage
acceptance culminating, hopefully, in the full patent being issued. After the
application has been accepted for study, the patent granting authority in that
jurisdiction do more in depth studies of the merit of the patent application
based on its scientific validity and test results to date. Once they feel that
the application has met the burden of proof for that particular patent request,
the actual patent is granted. On September 26, 2000 Millenia's PCT
(International) Patent Application for MALAREX was accepted and Millenia has now
commenced the process of registering its patent protection in the following 52
countries: the United States, Canada, Europe, Japan, the states served by the
European Patent Office, the African Regional Industrial Property Organization
(ARIPO) and the African Intellectual Property Organization (OAPI) as well as
Brazil, India, Mexico, South Africa, Vietnam and Madagascar. As well, Millenia
has made trademark applications for MALAREX in these 52 countries.

In the future, as other products are developed and come on line or are
purchased, Millenia will take all necessary steps to see that its product have
the full measure of legal protection. Furthermore; should there be any questions
of infringement on its proprietary rights, Millenia will be aggressive in
asserting its legal position.


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TEST RESULTS

While not directly related to MALAREX, alkaloids of Vocagana, an extract of the
Voacamine family were shown to have a therapeutic effect upon some medical
maladies as early as 1958, specifically cardiovascular problems as seen in the
February 11, 1958 U.S. Patent 2823204.

Also, as reported in a study in the Journal of Natural Products Vol. 57 November
1994, under the auspices of the College of Pharmacy of the University of
Illinois at Chicago, Voacamine acted to enhance the growth inhibition of
multi-drug resistant cytotoxic cells present in certain malignant diseases such
as Hodgkins.

Currently, the testing of Voacamine, and the related costs of these tests, are
being performed by several governments, not for profit organizations and
research institutes with the sole goal of bringing to the market an effective
anti-malarial drug. Millenia has no funds and therefore is not, at present,
paying any of its employees nor any third party to have testing done on MALAREX.

In-Vitro testing of Voacamine, independently funded and performed by the
Institute of Superior Health of Rome, conducted by researchers Elena Federici,
Giovianna Palazzino and headed by Dr. Corrado Galeffi of the Institute of
Superior Health of Rome and Prof. Marcello Nicoletti of Department of Plant
Biology at La Sapeinza, University of Rome aided by Dr. Pierre Olliafo of
Unisante, Geneva, the WHO and Dr. L. Turchetto, as per the report of the
Institute of Superior Health in Rome 1997 with the result to reach Ic 50 level (
the level at which 50% of the cultured cells died, which is the benchmark for
such in-vitro tests). It only required a low dose of 179 micrograms per
milliliter of solution for chloroquine non resistant parasites and 282
micrograms per milliliter for chloroquine resistant parasites. Such a dose
indicates that MALAREX is very non-toxic.

In-Vitro tests were independently performed by Dr. Francesco de Chiara of the
Clinica Ospedale diAnchilo in Nampula, Mozambigue, funded by the Ministry of
Health and Wellbeing of Mozambigue, per his report of April 20, 1998 with
similar results to the Institute of Surgeon Health in Rome, in that the Ic50
level was reached at very low doses of Voacamine.

In the same report is an In-Vivo study of 74 Mozamicans with malaria who were
treated via sub-sutaneous injections using a suction and incubation method
(names of all patients are in his report). Clinical Results - within 24 hours
clinical symptoms of malaria (fever, vomiting, diarrhea, joint pains etc.)
disappeared and within 4 days the patients, having followed a 3 day treatment
regimen, showed a 90% rate of complete recovery.

In-Vivo tests were independently performed by Dr. Phillipe Rosoanaivo,
scientific director of the Malgache Institute of Applied Research in
Aniananarivo, Madagascar, under its own funding, on December 14, 1998 with the
report of the successful results being sent to Prof. Albert Rako To-Rat
Simamanga of the Institute of France. The report stated that it had tested
Voacamine at 10mg/kg, a very low dosage and had produced a 50% reduction in
parasitic levels.

o    As of February 28th, 2000 in-vitro testing was independently funded and
     performed by India's Directorate of Health were successfully completed.


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o    As of February 17th, 2000 in vitro testing was independently funded and
     performed by Cameroun's department of Health were successfully completed.

o    As of February 27th, 2000 in-vitro testing was independently funded and
     performed by the Ministry of Health and Welfare of Equatorial Guinea were
     successfully completed.

o    Sucessful results mean that the dosage of the drug required to kill 50% of
     the parasitic cells was very low (very non toxic) and thus, is, safe to be
     administered to human beings.

o    Cameroun, as of February 27th, 2000 , in-vivo testing of camoeroun's
     department of Health was successfully concluded. A phase 1 live trial study
     at the laboratory of Parasitolgy and Immunology of the Hospital Center of
     the University of YAOUNDE was performed with 30 patients. Of these 18
     patients or 60% were completely cured, all 18 in a 4 day regimen of
     MALAREX. The other 12, having started in extremely high parasitic levels
     4,000 elements / mms, have significantly lower parasitic levels than
     compared to the beginning of the testing.

More complete information can be obtained by request of the institutions that
conducted the respective tests.

Currently, Millenia is running a new series of tests, under the auspices of Dr.
Mary Stevenson of McGill University. Dr. Stevenson, an expert on the study of
malaria and a member of the board of the Malaria Foundation international,
expects that, with the successful completion of all the trial phases, the
Canadian government will issue MALAREX a DIN (Drug Identification Number).
Receiving a Canadian DIN is a sign that we have a product that has gone through
a rigorous testing process akin to receiving an ISO 9000 designation.

GOVERNMENT REGULATIONS

In order to safeguard their citizens, governments around the globe require
extensive proof that a new drug is completely safe, within statistical
parameters, before allowing it into the marketplace. Millenia, being cognizant
of the above and of its own responsibility to the public, has collated the
extensive laboratory and research data as well as the live trial tests for
MALAREX pursuant to its receiving the designation as a prescription drug.

Currently, MALAREX is in the middle of its clinical trial with the government of
India's Directorate of Health (see Plan of Operation). Having reviewed the
previous research data and test results, the Directorate of Health accepted
MALAREX for both in vitro and in vivo testing. The company has no definitive
time frame for MALAREX to receive permission to be sold to the public. Cameroun
and Equatorial Guinea (see Plan of Operation) are also in the process of running
clinical trials. A similar regimen is intended to be used with STRYCHNOS in
order to gain its certification at the appropriate time.

PRODUCT LIABILITY

Any drug or pharmaceutical product poses, by its nature, some level of risk.
Since drugs are widely disseminated among populations, all precautions must be
taken to ensure that the potential risk of any drug is kept to the barest
minimum. Since MALAREX and STRYCHNOS are all natural products and not chemically
produced, their potentially damaging side effects are minimized. This does not
mean that no side effects might occur, even with the most rigorous testing
standard applied, but rather that by their nature these 2 compounds are
inherently less susceptible. This being noted, once the product is approved for
use as a prescription drug the Company intends to take out appropriate liability
and product insurance with a major casualty insurer commensurate with the
statistical risk factors.


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<PAGE>

Acquisitions

On May 29, 2000, the company acquired thirty five million seven hundred thousand
(35,700,000) shares of SWORD COMP-SOFT CORP., this being 76.5% of SWORD's issued
capital, at a cost of five million (5,000,000) common shares, and five million
warrants (5,000,000), entitling the registered holder thereof to purchase at any
time from that date for a period of three (3) years, one share of common stock
at a price of two dollars ($2). This transaction was at arms length with third
parties.

SWORD COMP-SOFT CORP. is an (ASP) Application Service Provider incorporated in
November 1998 specializing in the E-Healthcare sector.

Millenia, under the leadership of Dr. David Mulder, Millenia's Vice-Chairman,
and Dr. Rene Morel, a member of our scientific committee, expects to introduce a
new concept which we call 02-IV, oxygenation of intravenous solutions.
Intravenous solution recipients will now be able to derive a positive boost from
the extra dose of oxygen delivered directly to their blood stream.

On April 16, 2001, Millenia concluded an agreement in principal to license the
aforementioned technology, from Liquid Asset Corp. for $500,000 US in cash and a
further sum payable in Millenia Hope common shares to be determined within the
following 60 days. Millenia has already paid $500,000 US cash in the form of a
deposit held by LIQUID ASSET CORP.

Employees

At the current time the following six officers of the company are its only
employees:

Dr. George Tsoukas - Chairman of the Board of Directors - Director.
Is researching new projects and ideas and evaluating ongoing projects - chairs
the board meetings and is involved with the scientific planning - Devotes 1 day
a week to the Company - Resident of the city of Montreal.

Dr. David Mulder, Vice Chairman of the Board of Directors - Director
Along with Dr. Tsoukas, chairman of the Board, he assists in evaluating our
projects and aiding our scientific planning. Currently involved in our research
into the potential for oxygenated intravenous solutions. Devotes 1 day a week to
the company. Resident of the City of Montreal.

Mr. Dominique Morisot - CEO/President - Director
Involved in the overall running of the company, future strategic planning and
specifically oversees the progress of opening up new areas for MALAREX and the
reception of their government accreditation. Devotes full time - resident of the
city of Montreal.

Mr. Leonard Stella - Chief Operating Officer - Director.
Oversees all accounting functions, bank accounts, financial statements, cash
flow projections, etc. and is involved with the overall scientific coordination
as well as long term strategic planning - full time devoted to the Company -
Montreal resident.

Mr. Ronald La Penna - VP Personnel - Director.
Involved with future staffing planning, smooth running of office functions -
Devotes 2 days a week to the Company - Montreal resident, president of Aqua
Boost - specialty water distributor.


                                       11
<PAGE>

Mr. Thomas Bourne - Secretary
Responsible for minute book, corporate filings, shareholder lists etc. Devotes 1
day every 2 or 3 weeks as needed. Resident of Boca Raton, Florida and is a self
employed financial manager.

Mr. Guiseppe Motta - VP Research.
Does not receive a salary, but has a verbal agreement with the Company to allow
it first right of refusal on any significant research findings. Resident of
Turin, Italy - Plant Researcher at the University of Rome.

In addition to its six officers, as part of its lease, the Company has access to
secretarial services. None of the Company's employees belong to a union and the
Company believes that its relations with its employees are good. The company
knows of no conflict of interest between any of its officers and the company.

Item 2. Description of Property.

The Company leases its corporate offices at 4055 St. Catherine Street, Suite
142, Montreal, Quebec at annual rental of US $79,325 pursuant to the terms of a
five year lease commencing December 27, 1997. The lease also provides for a five
year renewal option at an annual rent of US $83,291.

Item 3. Legal Proceedings

None

Item 4 Submission of Matters to a Vote of Security Holders

Not Applicable

Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.

(a)  Market Information

The Company's Common Stock is currently quoted for trading on the OTC Bulletin
Board under the symbol MLHP. The following table sets forth the range of
quarterly, high and low sale prices for the Company's Common Stock from the
inception of quotation during the fourth quarter of 1998 and for 1999 and 2000.
The quotations represent inter-dealer quotations without adjustment for retail
markups, markdowns or commissions, and may not necessarily represent actual
transactions.

Common Stock
                                        High                           Low
                                        ----                           ---
   1998

Fourth Quarter (initial trading)       $1.50                           $.25

   1999

First Quarter                          $1.75                           $.50
Second Quarter                         $2.00                          $1.12
Third Quarter                          $2.50                           $.75
Fourth Quarter                         $1.45                           $.43

   2000

First Quarter                          $1.12                           $.50
Second Quarter                         $1.75                          $0.83
Third Quarter                          $1.50                           $.85
Fourth Quarter                         $0.90                           $.35


                                       12
<PAGE>

Of the 20,526,515 shares of common stock outstanding, 6,000,000 are currently
subject to the resale restrictions and limitations of Rule 144. In general,
under Rule 144 as currently in effect, subject to the satisfaction of certain
other conditions, a person, including an affiliate, or persons whose shares are
aggregated with affiliates, who has owned restricted shares of common stock
beneficially for at least one year is entitled to sell, within any three-month
period, a number of shares that does not exceed 1% of the total number of
outstanding shares of the same class. In the event the shares are sold on an
exchange or are reported on the automated quotation system of a registered
securities association, you could sell during any three-month period the greater
of such 1% amount or the average weekly trading volume as reported for the four
calendar weeks preceding the date on which notice of your sale is filed with the
SEC. Sales under Rule 144 are also subject to certain manner of sale provisions,
notice requirements and the availability of current public information about us.
A person who has not been an affiliate for at least the three months immediately
preceding the sale and who has beneficially owned shares of common stock for at
least two years is entitled to sell such shares under Rule 144 without regard to
any of the limitations described above.

(b)  Holders

As of January 16, 2001, there were 575 holders of the Company's common stock.

(c)  Dividends

The Company has had no earnings to date, nor has the Company declared any
dividends to date. The payment by the Company of dividends, if any, in the
future, rests within the discretion of its Board of Directors and will depend,
among other things, upon the Company's earnings, its capital requirements and
its financial condition, as well as other relevant factors. The Company has not
declared any cash dividends since inception, and has no present intention of
paying any cash dividends on its Common Stock in the foreseeable future, as it
intends to use earnings, if any, to generate growth.

(d)  Recent Sales of Unregistered Securities.

Common Stock

In December 1997, the company issued 4,000,000 shares of common stock at a price
of $0.00505 pursuant to an private placement offering exempt from registration
requirements under section 4(2) of the Securities Act of 1933, as amended. and
Rule 504 of Regulation D.

In February 1998, the company issued in accordance with it private placement
offering exempt from registration requirements under section 4(2) of the
Securities Act of 1933, as amended, and Rule 504 of Regulation D sold 6,100,000
units (each unit consisting of one (I share of common stock and (1) warrant) at
a price of $0.07 per unit. Each warrant entities the registered holder thereof
to purchase at any time from the date of the offering until the close of
business February 11, 2001. one share of Common stock at a price of $0.09.

In March 1999. the Company issued 1, 111,220 shares of common stock in
settlement of marketing agreements established with organizations for their
services which included the marketing or the Company and its product Malarex
globally. The total marketing cost was $ 1,514,215. The company's shares on that
date were trading on the OTC Bulletin Board at $1.3627. The transaction was at
arm's 1ength with third parties. These shares were issued pursuant to the
exemption contained in Regulation S of sales to non-US persons.


                                       13
<PAGE>

On January 17, 2000, the company issued 563,000 shares of common stock at a
price of $0.09 per share to individuals who exercised their warrants pursuant to
the exemption contained in Regulation S.

On January 20, 2000, one of the founders of the corporation who was invited to
participate at the inception of the corporation based upon on his ability in the
area of investor relations agreed to return his 1,000,000 shares to the company
for cancellation due to changed personal circumstances in which he was unable to
devote significant time and effort to the company. These shares have been
classified as treasury shares.

On May 29, 2000. the company issued 5,000,000 shares of common stock in exchange
for 35,700,000 shares of Sword Comp-Soft. Corp pursuant to the exemption
contained on Section 4(2).

On May 31, 2000, the company issued 4,398,944 shares of common stock at a price
of $0.09 per share to individuals who exercised their warrants pursuant to the
exemption contained in Regulation S.

On July 10, 2000, the company issued 353,351 shares of common stock at a price
of $0.09 per share to individuals who exercised their warrants pursuant to the
exemption contained in Regulation S.

Warrants and Options

On February 28, 2000, the company issued 4,644,156 warrants exercisable at $1.00
per share until November 30, 2001 to settle related party notes pursuant to the
exemption contained in Regulation S.

Description of Securities.

(a)  Common or Preferred Stock

The Company is authorized to issue 70,000,000 shares of Common Stock, $0.0001
par value, of which 20,526,515 shares were issued and outstanding as of the date
hereof. Each outstanding share of Common Stock is entitled to one (1) vote,
either in person or by proxy, on all matters that may be voted upon the owners
thereof at meetings of the stockholders.

The holders of Common Stock (i) have equal ratable rights to dividends from
funds legally available therefore, when and if declared by the Board of
Directors of the Company; (ii) are entitled to share ratably in all of the
assets of the Company available for distribution to holders of Common Stock upon
liquidation, dissolution or winding up of the affairs of the Company; (iii) do
not have preemptive, subscription or conversion rights, or redemption or sinking
fund provisions applicable thereto; and (iv) are entitled to one non-cumulative
vote per share on all matters on which stockholders may vote at all meetings of
stockholders.

Holders of Shares of Common Stock of the Company do not have cumulative voting
rights, which means that the individuals holding Common Stock with voting rights
to more than 50% of eligible votes, voting for the election of directors, can
elect all directors of the Company if they so choose and, in such event, the
holders of the remaining shares will not be able to elect any of the Company's
directors.

(b)  Debt Securities.

The Company has not issued any debt securities to date.

C) Other securities to be Registered

None.


                                       14
<PAGE>

ITEM 6 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINACIAL CONDITION AND RESULTS OF
OPERATIONS.

Special Note Regarding Forward-Looking Statements

Some of the statements under "Plan of Operations," "Business" and elsewhere in
this registration statement are forward-looking statements that involve risks
and uncertainties. These forward-looking statements include statements about our
plans, objectives, expectations, intentions and assumptions and other statements
contained herein that are not statements of historical fact. You can identify
these statements by words such as "may," "will," "should," "estimates," "plans,"
"expects," "believes," "intends" and similar expressions. We cannot guarantee
future results, levels of activity, performance or achievements. Our actual
results and the timing of certain events may differ significantly from the
results discussed in the forward-looking statements. You are cautioned not to
place undue reliance on any forward-looking statements.

Plan of Operation.

The following discussion should be read in conjunction with the financial
statements and related notes which are included elsewhere in this prospectus.
Statements made below which are not historical facts are forward-looking
statements. Forward-looking statements involve a number of risks and
uncertainties including, but not limited to, general economic conditions and our
ability to market our product.

The business objectives of Millenia are twofold. First and foremost is to
establish MALAREX as an accepted control agent for the treatment and prevention
of malaria throughout the world. Not only do we believe that MALAREX is an
effective anti-malarial drug, it will also be made available at prices that are
adapted to the realities of the third world market. The availability and pricing
of MALAREX, we believe, will ensure its acceptability and use in the fight
against malaria. To this end the company has entered into clinical trials of
MALAREX with the following three countries: India, Cameroun and Equatorial
Guinea

As previously noted in Business - Government Regulations, the clinical trials of
the Ministry of Health of Cameroun have been successfully concluded. While the
Company believes that it will see sales within the next six months, as there are
no signed sales contracts and the company has not yet received its final
certification there is no basis for assurance that this will take place. As
such, the Company does not deem it proper to quantify a realistic estimate of
what such sales might be.

Millenia has adopted an extremely conservative sales forecast. In the face of
anti-malarial drug resistance, the need for more effective treatments will
continue to intensify. Once a network of local manufacturers and distributors
capable of producing and supplying MALAREX are in place, the demand for MALAREX
should increase commensurately.

It is estimated the demand for MALAREX will increase as it becomes one of the
accepted choices in the fight against malaria. Millenia has chosen to remain
conservative and has established a goal of capturing 2% ($200 million) of the
marketplace in five years. According to the company's internal estimates, based
upon it's knowledge of the industry, attaining this sales level will ensure the
viability and profitability of the Company for its shareholders. No assurance
can be given that the Company will meet its sales goals.

Secondly, Millenia is committed to ongoing research and development to expand
the efficacy of MALAREX and its derivatives in fighting infectious diseases. To
this end, the company has a verbal agreement with one of its officers Mr.
Guiseppe Bertelli Motta, VP of research and a co-discoverer of MALAREX whose
profession is botanical research, that it will have the first right of refusal
on any of his significant research findings.


                                       15
<PAGE>

Currently, Millenia is running a new series of tests, under the auspices of Dr.
Mary Stevenson of McGill University. Dr. Stevenson, an expert on the study of
malaria and a member of the Board of the Malaria Foundation International,
expects that, with the successful completion of all the trial phases, the
Canadian government will issue MALAREX a DIN (Drug Identification Number).

As the company has not yet begun to sell the product, it is difficult for
management to evaluate the growth curve of Product sales. However, given the
market size and the need for viable and effective drugs, the Company believes
that it will not have a problem generating sales thereby creating positive cash
flow once it is approved.

On May 29, 2000, the company acquired thirty five million seven hundred thousand
(35,700,000) shares of SWORD COMP-SOFT CORP., this being 76.5% of SWORD's issued
capital, at a cost of five million (5,000,000) common shares, and five million
warrants (5,000,000), entitling the registered holder thereof to purchase at any
time from that date for a period of three (3) years, one share of common stock
at a price of two dollars ($2).

SWORD COMP-SOFT CORP. is an (ASP) Application Service Provider incorporated in
November 1998 specializing in the E-Healthcare sector.

Application services, a rapidly growing segment of the Internet economy, are
those that focus on a single topic or issue in a conversational manner. Sword
has what it believes is some of the most advanced technology currently available
in the field of e-Healthcare and that it will be in a position to offer a range
of application services designed around the concept of providing a series of
useful, on line interactive health services and facilities in an attractive,
convenient format to people in their electronic environments. These application
services include the identification and personal logging of disease(s) and
strategies to cope with long term health issues from nutrition, wellness and
health in a "patient driven" format.

Essentially, the subscribers use application programs to create, store and
transact medical data on the application server, for example, the interactive
on-line health service will record similar data to that usually given to a
primary health care worker, such as a doctor or a nurse,, and create an overall
profile of individual health needs. Each application will relate to a specific
disease, drug, or part of the human anatomy on a pay per use basis ( although
this fee may be sponsored).

The acquisition of Sword, a corporation conducting its business via the Internet
where 45% of all inquiries are health related, is mutually beneficial for both
parties. Millenia's scientific advisory committee, comprised of M.D.s and
P.H.D.s with a wide range of expertise, will lend valuable assistance to Sword
as it brings to the market its medical ASP's. Further, their breadth of
knowledge and varied specializations should help to generate ideas and data to
aid in the production of other medical ASP's.

As Sword states in its Registration Statement filed in October 2000, although
our products have worldwide application, the marketing plan for the first year
of operations is to concentrate on the North American market and to focus,
particularly during the balance of this year, on significant opportunities that
have been identified for or by twenty of the top companies. Sword's target
market is the major pharmaceutical companies. By Sword's fostering relationships
with the above enumerated corporation, it will help create an easier entree for
its parent corporation, Millenia to form alliances and joint projects with those
of aforementioned companies.

Sword has already started to generate revenue and expects, based on its
estimates, that by the end of its initial 12 months it will have generated
sufficient revenues to break even. By the need of its second 12 month period,
Sword, again per its best estimates, expect to have generated a net profit.


                                       16
<PAGE>

Sword has recently filed a registration statement with the Security Exchange
Commission and will become a reporting company when it is effective. It is
presently in the process of applying to the NASD to be able to trade their
shares on the over The Counter Market.

Sword was incorporated in November 1998 and commenced its activities in February
2000. Millenia had no affiliation with Sword prior to its successful negotiation
with that company to purchase a controlling interest in it. Mr. Leonard Stella
chief operating officer of Millenia Hope will fill the same post at Sword as
well as sitting on its Board of Directors. This will allow Millenia to both
monitor and guide Sword in its financial transactions and decisions.

As set out in its Registration Statement, Sword has adequate funding to finish
its first ASP and bring it to the market. Also, as previously mentioned, Sword's
already generating revenues and experts to produce a break even statement of
operations for its initial 12 month period. Based on the above, Millenia does
not currently foresee a need to provide Sword with any funding. As such,
Millenia feels that the acquisition of Sword will turn out to be a profitable
one and in the best interest of its shareholders.

Sword is now working on the completion of its first ASP which it hopes to bring
to market by the second quarter of 2001. It is also engaged in offering
technology related services such as consulting, data storage and web hosting. As
previously mentioned, the latter services are already generating revenues.

As of August 31, 2000 Millenia had entered into the final stages of negotiation
to acquire an interest in Cibecol Industrial Farmaceutica. Millenia has a
$500,000 US deposit pending the final outcome of these negotiations. Cibecol
operates a 20,000 square foot manufacturing facility and also owns 80 hectars of
arable land, located, in Porto Allegre, Brazil. Millenia will use the Brazilian
facility for the production of Malarex.

Cibecol operates one of the largest phyto-pharmaceutical plants in southern
Brazil. In addition to producing voacamine, the active agent in Malarex, Cibecol
would continue to produce its own group of 61 natural medicines that are
currently being Marketed in Brazil. This acquisition would be a key step forward
toward Millenia's goal of becoming a vertically integrated producer and
distributor of Malarex.

On April 12, 2001, Millenia agreed in principal to acquire 68% of CIBECOL
INDUSTRIAL FARMACEUTICA LTDA. The finalization of the acquisition will be
negotiated within a 90 day time frame.

Furthermore, Millenia, under the leadership of Dr. David Mulder, Millenia's Vice
Chairman, and Dr. Rene Morel, a member of our scientific committee, expect to
Introduce a new concept which we call 02-IV, oxygenation of intravenous
solutions. Intravenous solution recipients will now be able to derive a positive
boost from the extra dose of oxygen delivered directly to their blood stream.

As per the January 1999 article in the Canadian Journal of Health & Nutrition
titled, "Oxygen Boosts Performance", the benefits of additional oxygen for the
body are numerous. Cardiovascular endurance, especially if the patient has heart
or pulmonary problems, heads this list. Added supplies of oxygen raises the
human body's energy levels, gives greater muscular endurance, improves
concentration, calms the nervous system and helps in the removal of toxins.
These benefits are of extreme importance to ambulatory patients, as their body
is not getting the exercise that is so necessary to proper oxygen consumption.


                                       17
<PAGE>

The North American intravenous solution market, per estimates of Frost &
Sullivan, is approximately $1.3 billion and the rest of the international market
is about an additional $1.5 billion.

On April 16, 2001, Millenia concluded an agreement in principal to license the
aforementioned technology, from Liquid Asset Corp. for $500,000 US in cash and a
further sum payable in Millenia Hope common shares to be determined within the
following 60 days. Millenia has already paid $500,000 US cash in the form of a
deposit held by LIQUID ASSET CORP.

Year ended November 30, 2000 Compared to Year Ended November 30, 1999.

Our Sword Subsidiary started generating revenue in June 2000. Total revenue for
2000 was $302,494 and had associated direct costs of $208,002 compared to
$27,500 in revenue for the same period in 1999 a gain in net revenue of $66,992.

Selling, general and administrative expenses were $455,181 for the year 2000.
This represented an increase of $325,178 from $120,003 for 1999. This increase
was attributable to the higher costs associated with our Sword subsidiary, legal
and professional fees and building the infrastructure required to handle and
promote rapid growth.

We incurred no patent rights costs during the year 2000 as compared to $258,527
for the year 1999.

We had travel costs of $112,859 and other development costs of $58,500 for 2000
as compared to nil for 1999. This was due to our work on bringing Malarex onto
the world market.

We had marketing expenses of $59,453 in year 2000. In 1999 we had the cost of a
marketing contract for $1,475,000 and total marketing expenses of $1,514,215 for
a decrease of $1,454,762.

As a result of the foregoing we incurred a net loss of $657,393 for the year
2000, compared to a loss of $2,011,229 for the year 1999.

Liquidity and Capital Resources

Net cash provided from financing activities, net of operating and investing
activities from December 01, 1999, through November 30, 2000, was $10,208. At
November 30, 2000, we had an accumulated deficit from operating activities of
$2,401,666.

Effect of Recent Accounting Pronouncements

          In June 1998, the Financial Accounting Standards Board issued SFAS No.
     133 "Accounting for Derivative Instruments and Hedging Activities," which
     requires entities to recognize all derivative financial instruments as
     either assets or liabilities in the balance sheet and measure these
     instruments at fair value. SFAS No. 133, as amended by SFAS No. 137, is
     effective for all fiscal years beginning after June 15, 2000. We do not
     presently enter into any transactions involving derivative financial
     instruments and, accordingly, we do not anticipate that the new standard
     will have any effect on our financial statements.

Item 7. Financial Statements.

The financial statements are included at the end of this Annual Report, prior to
the signature page.


                                       18
<PAGE>

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

Not Applicable

Item 9. Directors, and Executive Officers, of the Registrant.

(a)  Directors and Executive Officers.

Name                             Age      Position
----                             ---      --------
George Tsoukas                   65       Chairman of the Board of
                                          Directors - Director

David Mulder                     67       Vice-Chairman of the Board of
                                          Directors - Director

Dominique Morisot                49       President CEO - Director

Leonard Stella                   39       Chief Operating Officer - Director

Ronald Lapenna                   57       VP Personnel - Director

Thomas Bourne                    56       Secretary

Guiseppe Bertelli Motta          57       VP Research, Board Advisory Committee

Dr. George Tsoukas, chairman of the Board of Directors, has a bachelor of
science in Biochemistry from McGill University and received his Medical degree
from McGill in 1968. In 1975 he was granted a specialization in Internal
Medicine and Endocrinology from the same institution. For over 10 years, he has
been an Associate Physician at the McGill University Medical Center and is
currently conducting clinical research on bone diseases. Dr. Tsoukas was also
the chief examiner for the Quebec College of Endocrinologists from 1980 - 1986.
Dr. Tsoukas is an educator who, over the past decade, has produced medical
CD-ROMs and hosted a TV program explaining medical conditions. He has also
lectured to other doctors on behalf of major pharmaceutical companies. Dr.
Tsoukas replaced Dr. Alain Soucy as Chairman on April 19, 2000.

Dr. David Mulder, Vice-Chairman of the Board of Directors. On February 22, 2000
Dr. David Mulder joined the Board of Directors of Millenia Hope as its
Vice-Chairman of the Board. Dr. Mulder, a physician with expertise in several
disciplines, was the former chairman of Montreal's McGill University department
of surgery and the surgeon- in-chief at the Montreal General Hospital for 21
years. Dr Mulder has held leading positions in several important medical
associations, including presidency of the Canadian Association of Thoracic
Surgeons and the Canadian Surgical Association.

Mr. Dominique Morisot, President, CEO, Director. Mr. Morisot has extensive
contacts through Europe and Asia. Although born in France, he is a long term
resident of Geneva, and for 30 years has consulted to many companies overseeing
the marketing and development of new territories as well as selling of products
and projects in various lines of business. He brings to the Company an extensive
knowledge of the overseas marketplace, and is an important source of information
for potential products for the Company.


                                       19
<PAGE>

M. Leonard Stella, Chief Operating Officer, Director. Mr. Stella has a Bachelor
of Arts from McGill University, and received his Masters of Arts in
Administration from Concordia University in 1986. In 1987 Mr. Stella founded and
operated a residential and commercial property developer, Dominion Certified
Development. In 1991, he founded Trans-Immobilia, a residential property company
that he continues to run. In 1998 he became one of the founding partners and
held the position of president and treasurer of the Company. He is now the Chief
Operating Officer.

Mr. Ronald Lapenna, VP Personnel, Director. Mr. Lapenna has extensive experience
in the field of human resources and administration having served in this
capacity for various levels of the Canadian Government, both federal and
municipal. At the municipal level from 1980-1990, Mr. Lapenna created and
managed the first integrated public security service for one of Montreal's top
municipalities. At the federal level, from 1991-1993, he worked under the
Minister of Transportation in creating specialized programs for airport
personnel. Since 1993 he has run his own consulting firm, Penna & Associates. In
1999 he took on the added responsibility as President of Aqua Boost, a
progressive manufacturer of specialized and bottled waters.

Mr. Thomas Bourne, Secretary. Mr. Bourne is a professional financial manager and
advisor, having received his accreditation as a CA, a member of the Order of
Chartered Accountants of Canada. He has had vast experience in dealing with the
Banking and Investment circles having been for many years the Chief Investment
Officer of one of Ontario, Canada's largest Credit unions. Over the past ten
years, he has shifted his base of operations to the state of Florida where he
practices in Boca Raton, as an independent financial consultant.

Mr. Guiseppe Bertelli Motta, VP Research, Board Advisory Committee. Mr. Motta is
one of the co-discoverers of the use of Voacamine as the active ingredient in
Malarex, Millenia's premier anti-malarial drug. As a leading Italian botanical
researcher, Mr. Motta together with Professor Silvio Rossi did the painstaking
research required in taking a natural compound and having it's efficacy as a
pharmaceutical agent bourne out. Mr. Motta, using his expert knowledge of the
wide spectrum of flora and fauna, is aggressively working on several extracts as
the basis of other natural remedies both for malaria and other infectious
diseases. Mr. Motta has been involved with the University of Roma as a
researcher for more than the past 5 years.

(b)  Significant Employees

None

c)   Family Relationships

There are no family relationships among directors or executive officers of the
Company.

(d)  Involvement in Certain Legal Proceedings.

None.

(e)  Section 16 (a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934, as amended, requires our
officers, directors and persons who beneficially own more than ten percent of a
registered class of our equity securities ("ten-percent shareholders") to file
reports of ownership and changes in ownership with the Securities and Exchange
Commission. Officers, directors and ten-percent shareholders also are required
to furnish us with copies of all Section 16(a) forms they file. Based solely on
our review of the copies of such forms furnished to us, and written
representations that no other reports were required, we believe that during the
fiscal year ended November 30, 2000, all of our officers, directors and
ten-percent shareholders complied with the Section 16(a) reporting requirements.


                                       20
<PAGE>

Item 10. Executive Compensation.

(a)  General

Commencing December 1, 1999, the Company had agreed to pay Dr. Alain Soucy, its
then Chairman of the Board of Directors, an annual salary of $36,000.

(b) Summary Compensation Table of Directors

SUMMARY COMPENSATION TABLE

Name and                                                    Long-term
Principal Position            Year      Salary    Bonus    Compensation: Options
--------------------------------------------------------------------------------
George Tsoukas                2000      0         0        100,000 options (1)
Chairman and Director

David Mulder                  2000      0         0        50,000 options (2)
Vice chairman and  Director

Dominique Morisot             2000      0         0        150,000 options (3)
President/CEO and DIrector

Leonard Stella                2000      0         0        210,000 options (3)
Chief Operating Officer and
Director

Ronald Lapenna                2000      0         0        50,000 options (4)
VP_Personnel & Director

Alain Soucy                   2000      18,000    0        0
Chairman (5)

     (1)  Exercisable commencing April 19, 2001 at $1.50 per share until
          December 31, 2003.

     (2)  Exercisable commencing February 22, 2001 at $1.50 per share until
          December 31, 2003.

     (3)  Vest equally over 3 years commencing January 29, 2000. Exercisable at
          $1.50 per share until December 31, 2003.

     (4)  Vested on January 29, 2001. Exercisable at $1.50 per share until
          December 31, 2003.

     (5)  Resigned as chairman on April 19, 2000.

(c)  Options /SAR Grants Table


                                       21
<PAGE>

                           OPTION GRANTS IN LAST YEAR
                               (Individual Grants)


Name               Number of     % of Options    Exercise Price
                   Options       Granted 2000    (per share)        Expiration

George Tsoukas     100,000       40%             $1.50              12/31/03

David Mulder       50,000        25%             $1.50              12/31/03

Ronald Lapenna     50,000        25%             $1.50              12/31/03

(d)  aggregated Option/SAR Exercises and Fiscal Year End Option/SAR Value Table

(e)  Long Term Incentive Plan ("LTIP") Awards Table

None

(f)  Compensation of Directors

No director receives any compensation for serving on the Board.

(g)  Employment Contracts and termination of Employment, and Change-in-control

Arrangements

The company has no employment contracts with any of its executive officers. Dr.
Alain Soucy served as Chairman of the Company for $36,000 annually until April
19, 2000. Currently, there are no provisions for cash compensation to be paid to
any executive officer or director of the company now, or upon the termination of
their services. As indicated above, certain officers received stock options as
compensation.

(h)  Report on Repricings of Options/SARs

None.

Item 11 Security Ownership of Certain Beneficial Owners and Management

The following table sets forth, as of January 16, 2001, certain information
concerning the ownership of the Company's Common Stock by: (i) each person who
is known by the Company to own beneficially 5% or more of the outstanding shares
of common stock; (ii) each of the Company's directors; and (iii) the name of
each executive officer, both in respect to the number of shares owned by each
person and the percentage of the outstanding shares represented thereby that
also sets forth such information for directors and executive officers as a group
(see item 6 (b) and (c)). Except as otherwise indicated, the stockholders listed
in the table have sole voting and investment powers with respect to the shares
indicated. Pursuant to the rules of the Securities and Exchange Commission,
shares of common stock which an individual or a group has a right to acquire
within 60 days of January 16, 2001 pursuant to the exercise of presently
exercisable or outstanding options, warrants or conversion privileges are deemed
to be outstanding for the purpose of computing the percentage ownership of such
individual or group, but are not deemed to be outstanding for the purpose of
computing the percentage ownership of any other person shown in the table.
Information with respect to beneficial ownership is based upon the shareholder
list provided by the Company's transfer agent.


                                       22
<PAGE>

Name and Address                      Amount and Nature         Percent of class
Of Beneficial Owner                   of Beneficial Owner

Sword Comp-Soft (7)                   5,000,000                 24.36
4055 St Catherine West
Suite 133
Westmount, Quebec

Tom Bourne                            1,000,000                 4.9
7755 Texas Trail
Boca Raton, FL

Ronald Lapenna (2) (3)                150,000                   *

Dominique Morisot (2) (4)             100,000                   *

Leonard Stella (1)                    150,000                   *

George TsoukaS (5)                    100,000                   *

David Mulder (5)                       50,000                   *

All directors and Executive
Officers as a group (5 persons)(6)    550,000                   2.7

----------

* Less than 1%

     (1)  Includes 140,000 currently exercisable stock options
     (2)  Uses Company Address
     (3)  Includes 100,000 currently exercisable stock options.
     (4)  Consists of currently exercisable stock options.
     (5)  Consists 50,000 stock options
     (6)  Includes 340,000 currently exercisable stock options.
     (7)  Company is a subsidiary of Millenia Hope Inc.

Item 12. Certain Relationships and Related Transactions.

On January 9, 1998, the company entered into an agreement with L'Espoir Du
Millenaire Inc. whereby L'Espoir Du Millenaire Inc. has a marketing and
distributor rights for the product Malarex. This non exclusive worldwide
agreement is for 5 years and requires L'Espoir Du Millenaire Inc. to make annual
payments of $30,000 to the Company for the rights. The agreement also allows for
renewal for an additional 5 years provided that certain sales quotas have been
met. L'Espoir Du Millenaire Inc. is owned Mr. Claude Villeneuve, a shareholder
of the Company. The agreement also provides that L'Espoir agrees to buy MALAREX
or any other anti-malarial drug or agent, solely from Millenia. Mr. Claude
Villeneuve, a shareholder owning less than 5% of the total outstanding shares of
the company, agreed to provide unsecured debt, to aid the company's cash flow
problem, at an 8% rate of interest. Mr. Villeneuve has extensive international
contacts and has assembled a team of competent sales professionals and experts
in the biomedical field to accomplish this endeavor. The company believes that
all the above transactions are fair and have been made at the prevailing market
rates that would apply to any arms length corporation involved in such
transactions.

The company signed an agreement, on May 31, 1998, to reimburse Claude
Villeneuve, a shareholder, for auto expenditures at a rate of $1,040 per month.


                                       23
<PAGE>

The Company issued, on June 15, 1998, an unsecured long term note in the
principal amount of $218,515 (net - 8% imputed interest) bearing annual payments
of $44,400 for five years, a final payment of $33,600 and maturing on June 15,
2004. The Note is to Guiseppe Motta and Silvio Rossi. Mr. Motta is an officer of
the Company. The balance due on November 30, 1999 was $192,830. The company
issued, on March 30, 1998 a promissory note to Claude Villeneuve, a shareholder,
which is unsecured and bears interest in the amount of 8% per annum. The
principal amount of this loan is $946,093. The amount at November 30, 1999
including interest was $1,043,464.

On June 15, 1998 the company signed a purchase agreement with Mr. Silvio Rossi
and Mr. Giuseppe Motta to acquire all of the research data, without any
exception, involved in the development of MALAREX for $300,000 gross ($218,515
net with 8% imputed interest). The agreement called for a payment of $44,000 in
the 1st year and further payments of $44,000 a year for 5 years with a final
payment of $33,6000 in the 6th year. This entitles Millenia to, but is not
exclusive of, all intellectual rights, commercial rights and their derivations
etc. The agreement also contains a clause that does not allow Mr. Motta and Mr.
Rossi to duplicate any of this data for 15 years. The company believes that this
is a fair business transaction and does not create a conflict of interest with
any of the parties involved. Mr. Motta is an officer of the company

The company issued on June 1, 1999, an unsecured long term note in the principal
amount of $180,389 (net - 8% imputed interest) with no fixed annual repayments
but fully payable by May 31, 2002. This note was issued to Mr. Silvio Rossi.

On February 28, 2000, the company paid $51, 205 in cash and issued 4,644,156
warrants to settle the aforementioned related party notes payable and long term
debt including the current portion as follows:

Current portion of long term debt (net of discount)              $   88,800
Notes payable (principally related parties) (net of discount)     1,172,648
Long term debt, less current portion (net of discount)              104,031
Current year interest expense                                        27,770
                                                                 ----------
                                                                 $1,393,249

The company has a note payable with Claude Villeneuve, a shareholder, which is
unsecured. The note has a term of one year bearing interest in the amount of 7%
per annum. The amount at November 30, 2000 including interest is $201,338.

Item 13. Financial Statements and Exhibits.

(a)  List of Financial Statements filed herewith.

     Millenia Hope Inc
     (A company in the development stage)

     Independent Auditors' Report

     Balance Sheet (11/30/00 and 11/30/99) Statement of Income (Years ended
     11/30/00 and 11/30/99) Statement of Shareholders' Equity (Year ended
     11/30/00 and 11/30/99) Statement of Cash Flows (Years ended 11/30/00 and
     11/30/98) Summary of Significant Accounting Policies (year ended 11/30/00)
     Notes to the Finance Statements (year ended 11/30/00)

(b)  List of Exhibits.

3.1  Certificate of Incorporation

3.2  By-Laws

10.1 Purchase Agreement for Voacamine

10.2 Purchase Agreement for Research Data

10.3 Purchase Agreement for Strychonos

10.4 Licensing Agreement with L'Espoir Du Millenaire Inc.

10.5 Lease Agreement


                                       24

<PAGE>

                                Mark Cohen C.P.A.
                           1772 East Trafalgar Circle
                               Hollywood, Fl 33020
                                (954) 922 - 6042
--------------------------------------------------------------------------------

                          INDEPENDENT AUDITORS' REPORT

To the Board of Directors and Stockholders of
Millenia Hope Inc.

We have audited the accompanying consolidated balance sheet of Millenia Hope
Inc. (a company in the development stage) and subsidiaries as of November 30,
2000 and 1999 and the related statements of operations, shareholders' equity
(deficiency) and cash flows for the year ended. These financial statements are
the responsibility of the Company's management. Our responsibility is to express
an opinion on these financial statements based on our audits.

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

In our opinion, the financial statements referred to above present fairly, in
all material respects, the consolidated financial position of Millenia Hope Inc.
and subsidiaries at November 30, 2000 and 1999, and the results of its
operations and its cash flows for the year then ended, in conformity with
generally accepted accounting principles.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 6 to the
financial statements, the Company has experienced an operating loss that raises
substantial doubt about its ability to continue as a going concern. Management's
plans in regard to these matters are also described in Note 6. The financial
statements do not include any adjustments that might result from the outcome of
this uncertainty.






Mark Cohen C.P.A.
A Sole Proprietor Firm


Hollywood, Florida
April 13, 2001

<PAGE>

                               Millenia Hope, Inc.
                           Consolidated Balance Sheet
                              at November 30, 2000

<TABLE>
<CAPTION>

                                                                              November 30, 2000  November 30, 1999
                                                                              -----------------  -----------------
     <S>                                                                            <C>                <C>
                                          Assets

     Current Assets
          Cash and cash equivalents                                                 $    14,140        $     3,933
          Note Receivable - 3rd Party                                                   140,434                 --
          Other current assets                                                           76,400                 --
                                                                                    -----------        -----------
            Total current assets                                                        230,974              3,933
     Property and equipment, net                                                         99,606             46,236
     Deposits                                                                         1,000,000                 --
     Other Assets                                                                        32,000                 --
                                                                                    -----------        -----------
            Total assets                                                              1,362,580             50,169
                                                                                    ===========        ===========


                           Liabilities and Shareholder's Equity

     Current Liabilities
          Accounts payable and accrued liabilities                                       88,344            165,200
          Current portion of long term debt ( net of discount)                               --             88,800
          Notes payable (principally related parties) (net of discount)                 196,338          1,223,853
          Other current liabilities                                                          --             11,450
                                                                                    -----------        -----------
            Total current liabilities                                                   284,682          1,489,303
          Long-term debt, less current portion (net of discount)                             --            104,031


     Minority Interest                                                                   48,458                 --

      Shareholder's Equity
          Common Stock, $.0001 par value; authorized 70,000,000                           2,052              1,121
             shares; issued and outstanding 20,526,515 and 11,211,220
             respectively
          Warrants                                                                    1,393,247                 --
          Paid in Capital                                                             3,796,013          1,960,294
          Cost of Treasury Shares                                                           100                 --
          Deficit accumulated during the development stage                           (4,161,972)        (3,504,579)
                                                                                    -----------        -----------
            Total Shareholder's Equity                                                1,029,440         (1,543,165)

             Total liabilities and shareholder's equity                             $ 1,362,580        $    50,169
                                                                                    ===========        ===========


</TABLE>

                   Read the accompanying significant notes to
 financial statements, which are an integral part of this financial statement.


                                       25
<PAGE>

                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                             STATEMENT OF OPERATIONS
             FOR THE TWELVE MONTHS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


<TABLE>
<CAPTION>

                                                                                                                   Inception
                                                                                                               (December 24, 1997)
                                                                                                                    through
                                                                        November 30, 2000   November 30, 1999   November 30, 2000
                                                                        -----------------   -----------------   -----------------
<S>                                                                          <C>                <C>               <C>


     Revenues:                                                               $    302,494       $     27,500       $   329,994

     Cost of Revenues:                                                            208,002                 --           208,002

                                                                             ------------       ------------       -----------
                                                                                   94,492             27,500           121,992

     Operating expenses:
            Marketing                                                              59,453          1,514,215         1,573,668
            Patent Rights                                                              --            258,527         1,005,827
            Other Development Costs                                                58,000                 --           276,515
            Rent                                                                   70,270             61,250           207,920
            Travel                                                                112,859                 --           234,859
            Selling, general and administrative expenses                          445,181            120,003           857,184
                                                                             ------------       ------------       -----------
               Total operating expenses                                           745,763          1,953,995         4,155,974

               Income/(Loss) before other income (expense)                       (651,271)        (1,926,495)       (4,033,982)

     Other income (expense):
            Interest income                                                         2,251                 --             2,251
            Interest expense                                                      (30,275)           (84,734)         (152,143)
                                                                             ------------       ------------       -----------
               Total other income (expense)                                       (28,024)           (84,734)         (149,892)

     Net income/(Loss) before minority interest                                  (679,295)        (2,011,229)       (4,183,874)

     Minority interest in net income/(loss) of subsidiary                         (21,902)                --           (21,902)
                                                                             ------------       ------------       -----------

     Net income/(Loss)                                                           (657,393)        (2,011,229)       (4,161,972)
                                                                             ============       ============       ===========


     Basic weighted average common shares outstanding                          15,718,088         11,052,384
                                                                             ============        ===========

     Basic Loss per common share                                             $    (0.0418)       $   (0.1820)
                                                                             ============        ===========
</TABLE>

                   Read the accompanying significant notes to
 financial statements, which are an integral part of this financial statement.


                                       26
<PAGE>

                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                        STATEMENT OF SHAREHOLDERS'EQUITY
           FROM INCEPTION (DECEMBER 24,1997) THROUGH NOVEMBER 30,2000


<TABLE>
<CAPTION>



                                                                  Common                    Warrants            Paid in
                                                           Shares         Amount          #         Amount      Capital
                                                        -----------    -----------    ---------   ----------   ----------

<S>                                                      <C>           <C>            <C>         <C>          <C>

     Balance, beginning December 24, 1997:                       --    $        --           --   $       --   $       --
     Proceeds from December 1997 private placement        4,000,000            400           --           --       19,800
     Proceeds from February 1998 private placement        6,100,000            610           --           --      426,390
     Net loss year ended November 30, 1998               (1,493,350)    (1,493,350)
                                                        -----------    -----------    ---------   ----------   ----------
     Balance at November 30, 1998                        10,100,000          1,010           --           --      446,190

     March 20, 1999 settlement of marketing contracts     1,111,220            111           --           --    1,514,104
     Net loss year ended November 30, 1999
                                                        -----------    -----------    ---------   ----------   ----------
     Balance, ending November 30, 1999:                  11,211,220          1,121           --           --    1,960,294

     January 17, 2000 exercise of warrants                  563,000             56           --           --       50,614
     January 20, 2000 cancellation of founder shares     (1,000,000)          (100)          --           --           --
     February 29, 2000 warrants issued to settle debt                                 4,644,156    1,393,247           --
     May 29, 2000 issuance of shares for acquisition      5,000,000            500           --           --      128,978
     May 31, 2000 exercise of warrants                    4,398,944            440           --           --      395,652
     July 10, 2000 exercise of warrants                     353,351             35           --           --       31,766
     August 11, 2000 Richgold share reimbursement                --             --           --           --    1,165,000
     August 31, 2000 collection of subsidiary share              --             --           --           --       63,708
     receivable
     Net loss year ended November 30, 2000                       --             --           --           --           --
                                                        -----------    -----------    ---------   ----------   ----------

     Balance, ending November 30, 2000                   20,526,515    $     2,052    4,644,156   $1,393,247   $3,796,013
                                                        ===========    ===========    =========   ==========   ==========
</TABLE>

<TABLE>
<CAPTION>

                                                                                 Accumulated
                                                                                Deficit during     Total
                                                              Treasury           Development    Shareholders'
                                                         Shares       Amount        Stage          Equity
                                                        ---------   ----------   -----------    -----------

<S>                                                     <C>         <C>          <C>            <C>

     Balance, beginning December 24, 1997:                     --   $       --   $        --    $        --
     Proceeds from December 1997 private placement             --           --            --         20,200
     Proceeds from February 1998 private placement             --           --            --        427,000
     Net loss year ended November 30, 1998
                                                        ---------   ----------   -----------    -----------
     Balance at November 30, 1998                              --           --    (1,493,350)    (1,046,150)

     March 20, 1999 settlement of marketing contracts          --           --            --      1,514,215
     Net loss year ended November 30, 1999                                        (2,011,229)    (2,011,229)
                                                        ---------   ----------   -----------    -----------
     Balance, ending November 30, 1999:                        --           --    (3,504,579)    (1,543,164)

     January 17, 2000 exercise of warrants                     --           --            --         50,670
     January 20, 2000 cancellation of founder shares    1,000,000          100            --             --
     February 29, 2000 warrants issued to settle debt          --           --            --      1,393,247
     May 29, 2000 issuance of shares for acquisition           --           --            --        129,478
     May 31, 2000 exercise of warrants                         --           --            --        396,092
     July 10, 2000 exercise of warrants                        --           --            --         31,801
     August 11, 2000 Richgold share reimbursement              --           --            --      1,165,000
     August 31, 2000 collection of subsidiary share            --           --            --         63,708
     receivable
     Net loss year ended November 30, 2000                     --           --      (657,393)      (657,393)
                                                        ---------   ----------   -----------    -----------

     Balance, ending November 30, 2000                  1,000,000   $      100   $(4,161,972)   $ 1,029,440
                                                        =========   ==========   ===========    ===========
</TABLE>


                   Read the accompanying significant notes to
 financial statements, which are an integral part of this financial statement.


                                       27
<PAGE>

                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                             STATEMENT OF CASH FLOWS
             FOR THE TWELVE MONTHS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000

<TABLE>
<CAPTION>

                                                                                                                      Inception
                                                                                                                 (December 24, 1997)
                                                                                                                       through
                                                                          November 30, 2000   November 30, 1999   November 30, 2000
                                                                          -----------------   -----------------   -----------------
<S>                                                                        <C>                     <C>                 <C>

     CASH FLOWS FROM OPERATING ACTIVITIES:

     Net Income (Loss)                                                       (657,393)             $(2,011,229)        $(4,161,972)
     Adjustments to reconcile net income (loss) to net cash
     used in operating activities:
                   Depreciation and amortization                               20,631                   14,564              50,395
                   Issuance of stock for marketing services                        --                1,514,215           1,514,215
                   Issuance of note for other development costs                    --                   13,581             192,831
                   (subsequently converted to warrants)
                   Accrued interest income                                     (2,251)                      --              (2,251)
                   Accrued interest expense                                     2,504                       --               2,504
                   Interest expense settled with issuance of note              27,770                       --              27,770
                   (subsequently converted to warrants)
     Changes in Operating assets and liabilities:
                   Receivables and Other Assets                              (108,400)                      --            (108,400)
                   Accounts Payable and Accrued Liabilities                   (92,806)                 (80,050)             83,844
                                                                          -----------              -----------         -----------

     Net cash provided by/(used in) operating activities                     (809,945)                (548,919)         (2,401,066)


     CASH FLOWS FROM INVESTING ACTIVITIES:

     Purchase of Property and equipment                                       (50,780)                      --            (126,780)
     Deposits on future acquisitions                                       (1,000,000)                      --          (1,000,000)
     Issuance of stock for subsidiaries cash balance                           40,628                       --              40,628
     Repayment of subsidiary related party note receivable                     34,233                       --              34,233
     Collection of subsidiary share subscription receivable                    83,331                       --              83,331
     Note Receivable - 3rd Party                                             (106,834)                (106,834)
     Minority interest portion of net income/(loss) of subsidiary             (21,902)                      --             (21,902)
                                                                          -----------              -----------         -----------

     Net cash provided by/(used in) investing activities                   (1,021,324)                      --          (1,097,324)


     CASH FLOWS FROM FINANCING ACTIVITIES:

     Proceeds from:
       Notes payable, principally related parties (net of discount)           198,101                  531,853           1,421,954
       Note payable - subsidiary                                                   --
       Issuance of stock                                                      478,376                       --             925,576
       Contribution to Paid in Capital                                      1,165,000                       --           1,165,000
                                                                          -----------              -----------         -----------

     Net cash provided by/(used in) financing activities                    1,841,477                  531,853           3,512,530
                                                                          -----------              -----------         -----------


     Net increase (decrease) in cash and cash equivalents                      10,208                  (17,066)             14,140
     Cash and cash equivalents, beginning of period                             3,933                   21,000                  --
                                                                          -----------              -----------         -----------

     Cash and cash equivalents, end of period                             $    14,140              $     3,933         $    14,140
                                                                          ===========              ===========         ===========

</TABLE>

<TABLE>
<CAPTION>

     Supplemental Schedule of noncash investing and financing activities:

     On February 28, 2000, the company issued 4,644,156 warrants to settle the
     following related party notes:
<S>                                                                                    <C>

         Notes payable (principally related parties) (net of discount)                  1,172,648
         Long -term debt, less current portion (net of discount)                          104,031
         Current portion of long term debt ( net of discount)                              88,800
         Current year interest expense                                                     27,770
                                                                                        ---------
                                                                                        1,393,249

     On May 29, 2000, the company issued 5,000,000 shares of common stock in exchange
     for 35,700,000 shares of Sword Comp-Soft, Corp., a Delaware corporation which
     provides on-line interactive health services through the internet. The
     transaction was recorded using the "purchase method" as the registrant acquired
     76.45% of Sword Comp-Soft, Inc.'s outstanding shares at May 29, 2000
       The following assets were acquired through this transaction:
                   Note Receivable - 3rd Party                                             33,600
                   Note Receivable - Related Party                                         34,233
                   Property and Equipment, net                                             23,221
       The following liabilities were assumed through this transaction:
                   Accounts payable and accrued liabilities                                 4,500
</TABLE>

On April 30, 2000, the company's subsidiary issued 600,000 shares for Equipment
valued at $15,000.



                   Read the accompanying significant notes to
 financial statements, which are an integral part of this financial statement.


                                       28
<PAGE>

                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 1 - ORGANIZATION AND BASIS OF PRESENTATION

     Millenia Hope Inc. was incorporated in the State of Delaware on December
24, 1997. Through its acquisition of the patent rights for Malarax and
Strychnos, the Company participates in the treatment and prevention of malaria.
Although there is no assurance that the patent will ever be issued, management
feels the likelihood of issuance is probable (high) due to the positive test
results attained in clinical studies.

     Millenia Hope Inc. prepares its consolidated financial statements in
accordance with generally accepted accounting principles. This basis of
accounting involves the application of accrual accounting; consequently,
revenues and gains are recognized when earned, and expenses and losses are
recognized when incurred. Financial statement items are recorded at historical
cost and may not necessarily represent current values.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Use of Estimates:

    The preparation of financial statements in conformity with generally
    accepted accounting principles requires management to make estimates and
    assumptions that affect the reported amounts of assets and liabilities,
    disclosure of contingent assets and liabilities at the date of the financial
    statements, and the reported amounts of revenues and expenses during the
    reporting period. Certain amounts included in the financial statements are
    estimated based on currently available information and management's judgment
    as to the outcome of future conditions and circumstances. Changes in the
    status of certain facts or circumstances could result in material changes to
    the estimates used in the preparation of financial statements and actual
    results could differ from the estimates and assumptions. Every effort is
    made to ensure the integrity of such estimates.

Fair value of financial instruments:

    The carrying amounts of cash and equivalents, accounts receivable, accounts
payable and accrued liabilities approximate their fair values because of the
short duration of these instruments.

Impairment of long-lived assets:

    Long-lived assets held and used by the Company are reviewed for possible
    impairment whenever events or changes in circumstances indicate the carrying
    amount of an asset may not be recoverable. Recoverability of assets to be
    held and used is measured by a comparison of the carrying amount of the
    assets to the future net cash flows expected to be generated by the asset.
    If such assets are considered to be impaired, the impairment to be
    recognized is measured by the amount by which the carrying amount of the
    assets exceeds the fair value of the assets.

Cash and cash equivalents:

    The Company considers all highly liquid investments with original maturities
of ninety days or less to be cash and cash equivalents. Such investments are
valued at quoted market prices.

Receivables:

    The Company believes that the carrying amount of receivables at November 30,
2000 approximates the fair value at such date.

                                       29

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED):

Property, equipment and depreciation:

    Property and equipment are stated at cost less accumulated depreciation.
    Depreciation is computed using the double declining balance method over the
    estimated useful lives as follows when the property and equipment is placed
    in service:

                                                            Estimate Useful Life
                                                                  (In Years)

                  Office Furniture                                    10
                  Computer Equipment                                   3

     Leashold improvements are amortized using the straight-line method over
     their estimated useful lives or the estimated useful lives of the leasehold
     improvements, whichever is shorter.

                                                            Estimate Useful Life
                                                                  (In Years)

                  Leasehold Improvements                               5

    Repairs and maintenance are charged to operations as incurred, and
    expenditures for significant improvements are capitalized. The cost of
    property and equipment retired or sold, together with the related
    accumulated depreciation, are removed from the appropriate asset and
    depreciation accounts, and the resulting gain or loss is included in
    operations.

Revenue Recognition:

    The company currently recognizes revenue in the form of
    licensing/distributor fees which are recorded over the life of the licensing
    agreement using the straight line method. Currently the company has one
    agreement with a term of 5 years commencing on January , 1999. The Company's
    subsidiary sources of revenue are fees charged for access to the Company's
    Application Software Program (ASP), advertising fees to pharmaceutical and
    healthcare organizations to advertise on the Company's web site, sales to
    pharmaceutical and healthcare organizations of raw data collected by the
    Company's web site and ASP, software consultation, and internet site
    hosting. The Company's revenues recognized to date are software consultation
    and internet site hosting.

        In December 1999, the Securities and Exchange Commission ("SEC") issued
    Staff Accounting Bulletin No. 101 ("SAB 101"), "Revenue Recognition," which
    provides guidance on the recognition, presentation and disclosure of revenue
    in financial statements filed with the SEC. SAB 101 outlines the basic
    criteria that must be met to recognize revenue and provide guidance for
    disclosures related to revenue recognition policies. Management believes
    that Millenia Hope Inc.'s revenue recognition practices are in conformity
    with the guidelines of SAB 101.

Earnings (Loss) per share calculation:

    Earnings (Loss) per common share are calculated under the provisions of SFAS
    No. 128, "Earnings per Share," which establishes standards for computing and
    presenting earnings per share. SFAS No. 128 requires the Company to report
    both basic earnings (loss) per share, which is based on the weighted-average
    number of common shares outstanding during the period, and diluted earnings
    (loss) per share, which is based on the weighted-average number of common
    shares outstanding plus all potential dilutive common shares outstanding.
    Options and warrants are not considered in calculating diluted earnings
    (loss) per share since considering such items would have an anti-dilutive
    effect.

                                       30

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED):

Recent Accounting Pronouncements:

      In June 1998, the Financial Accounting Standards Board (FASB) issued
    Statement of Financial Accounting Standards Board (SFAS) No. 133,
    "Accounting for Derivative Instruments and Hedging Activities", amended by
    Statements of Financial Accounting Standards Board (SFAS) No. 137,
    "Accounting for Derivative Instruments and Hedging Activities - Deferral of
    the Effective Date of FASB Statement No. 133 - an amendment of FASB
    Statement 133" and Statement of Financial Accounting Standards Board (SFAS)
    No. 138, "Accounting for Derivative Instruments and Hedging Activities - an
    amendment of FASB Statement 133." These new standards establish accounting
    and reporting standards for derivative instruments, including certain
    derivative instruments embedded in other contracts, and for hedging
    activities. It requires that entities recognize all derivatives as either
    assets or liabilities in the consolidated balance sheet and measure those
    instruments at fair value. This Statement is effective for all fiscal
    quarters of all fiscal years beginning after June 15, 2000. The adoption of
    this statement by the Company did not have a material impact on its
    financial condition or results of operations.


NOTE 3 - DETAILS OF FINANCIAL STATEMENT COMPONENTS

                                                     November 30,  November 30,
                                                            2000          1999
                                                     -----------   -----------

     Other current assets:
        Prepaid rent                                    $ 58,400      $    --
        Prepaid administrative fee                        18,000           --
                                                        --------      -------
                                                        $ 76,400      $    --

     Property and Equipment:
          Furniture and Fixtures                        $ 15,900      $15,900
          Equipment                                       70,285           --
          Leasehold Improvements                          63,816       60,100
                                                        --------      -------
                                                         150,001       76,000
         Accumulated Depreciation/Amortization            50,395       29,764
                                                        --------      -------
            Property, and Equipment, net                $ 99,606      $46,236


NOTE 4 - DEPOSITS

     On August 15, 2000, the Company signed a letter of intent and deposited
$500,000 with Cibecol Industrial Farmaceutica Ltda., a company incorporated and
located in Brazil, as part of its initial phase of acquiring Cibecol's
pharmaceutical production facility and all of the assets located in the
facility.

     On August 22, 2000, the Company signed a letter of intent and deposited
$500,000 with Liquid Asset Corp., a delaware corporation, as part of its initial
phase to purchase the exclusive rights to the oxygenation of intravenous
solutions registered under a patent application.

                                       31

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000

NOTE 5 - NOTES PAYABLE AND LONG TERM DEBT

     The company has a note payable with Claude Villenueve, a shareholder, which
is unsecured. The note has a term of one year bearing interest in the amount of
7% annum. The amount at November 30, 2000 including interest is $196,338.

     On February 28, 2000, the company paid $51,205 in cash and issued 4,644,156
warrants to settle the following related party notes payable and long term debt
including the current portion:

Current portion of long term debt ( net of discount)            $   88,800
Notes payable (principally related parties) (net of discount)    1,172,648
Long -term debt, less current portion (net of discount)            104,031
Current year interest expense                                       27,770
                                                                ----------
                                                                $1,393,249
                                                                ==========


NOTE 6 - GOING CONCERN

     The accompanying financial statements have been prepared assuming the
Company will continue as a going concern. The Company also reported net losses
of $657,393 and $2,011,229 for the twelve months ended November 30, 2000 and
1999 respectively as well as reporting net losses of $4,161,972 from inception
(December 24, 1997) to November 30, 2000. As reported on the statement of cash
flows, the Company incurred negative cash flows from operating activities of
$809,945 and $548,919 for the twelve months ended November 30, 2000 and 1999
respectively and has reported deficient cash flows from operating activities of
$2,401,066 from inception (December 24, 1997). To date, these losses and cash
flow deficiencies have been financed principally through the sale of common
stock ($925,764) and short term debt ($1,421,954) which is related party debt.
Additional capital and/or borrowings will be necessary in order for the Company
to continue in existence until attaining and sustaining profitable operations.
Management has continued to develop a strategic plan to develop a management
team, maintain reporting compliance and establish long term relationships with
other major organizations to develop and distribute the product Malarax.
Management anticipates generating revenue through the sales of Malarax during
the next fiscal year. The major shareholder's of the organization have committed
to fund the operations of the organization during the next fiscal year until the
organization can generate sufficient cash flow from operations to meet current
operating expenses and overhead.


NOTE 7 -  ACQUISITION OF SWORD COMP-SOFT

     On May 29, 2000, the company issued 5,000,000 shares of common stock and
5,000,000 warrants in exchange for 35,700,000 shares of Sword Comp-Soft, Corp.,
a Delaware corporation which provides on-line interactive health services
through the internet. The warrants are exercisable at $2.00 USD and expire on
May 29, 2003. The transaction was recorded using the "purchase method" as the
registrant acquired 76.45% of Sword Comp-Soft, Corp.'s outstanding shares at May
29, 2000.

                                       32

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 8 - COMMITMENTS

Office Rent

          On December 27, 1997, the company entered into an office rent
     agreement with 9033-0176 Quebec Inc. for office space. This agreement is
     for a term of 5 year and the annual rental amount is $58,400.

          The Company has entered into an lease agreement with 9033-0176 Quebec
     Inc. for office space. The term of the lease begins on May 01, 2000 and
     terminates on April 30, 2005, with an option to renew for an additional
     five years. The annual rental amount is $18,000.

          The following is a schedule by years of future minimum rental payments
     required under operating leases that have initial or remaining
     noncancelable lease terms in excess of one year as of November 30, 2000:

                  Year ending November 30:
                           2001 -   $  76,400
                           2002 -   $  76,400
                           2003 -   $  76,400
                           2004 -   $  18,000
                           2005 -   $  18,000
                                    ---------
                           Total    $ 265,200
                                    =========

          On December 27, 1997, the company entered into an agreement with
     9033-0176 Quebec Inc. for usage of all office equipment and receptionist.
     This agreement is for a term of 5 year and the annual rental amount is
     $18,000.

Auto Reimbursement

          The company has agreed to reimburse Claude Villenueve, a shareholder,
     each month an amount of $1,040 relating to auto expenses used in the course
     of business.

NOTE 9 - RELATED PARTIES

     The company has a note payable with Claude Villenueve, a shareholder, which
is unsecured. The note has a term of one year bearing interest in the amount of
7% annum. The amount at November 30, 2000 is $196,338 which includes interest of
$2,505.

     On January 9, 1998, the company entered into an agreement with L'Espoir Du
Millenaire Inc. whereby L'Espoir Du Millenaire Inc. has marketing and
distributor rights for the product Malarax. The agreement is for 5 years and
requires L'Espoir Du Millenaire Inc. to make annual payments of $30,000 to
Millenia Hope Inc. for the rights. The agreement also allows for renewal of the
agreement for an additional 5 years provided that certain sales quotas have been
met. L'Espoir Du Millenaire Inc. is owned Mr. Claude Villenueve, a shareholder
in Millenia Hope Inc.


NOTE 10 - INCOME TAXES

     The Company did not provide any current or deferred United States federal,
state or foreign income tax provision or benefit for the period presented
because it has experienced operating losses since inception. The Company has
provided a full valuation allowance on the deferred tax asset, consisting
primarily of net operating loss carryforwards, because of uncertainty regarding
its realizability.

                                       33

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 11 - SHAREHOLDERS' EQUITY

Common Stock

     In December 1997, the company issued 4,000,000 shares of common stock at a
price of $0.00505 pursuant to an private placement offering exempt from
registration requirements under section 4(2) of the Securities Act of 1933, as
amended, and Rule 504 of Regulation D.

     In February 1998, the company issued in accordance with it private
placement offering exempt from registration requirements under section 4(2) of
the Securities Act of 1933, as amended, and Rule 504 of Regulation D sold
6,100,000 units (each unit consisting of one (1 share of common stock and (1)
warrant) at a price of $0.07 per unit. Each warrant entitles the registered
holder thereof to purchase at any time from the date of the offering until the
close of business February 11, 2001, one share of common stock at a price of
$0.09.

     In March 1999, the Company issued 1,111,220 shares of common stock in
settlement of marketing agreements established with organizations for their
services which included the marketing of the Company and its product Malarex
globally. The total marketing cost was $1,514,215. The company's share value on
that date was trading on the OTC Bulletin Board at $1.3627. The transaction was
at arm's length with third parties.

     In February 1998, the company issued in accordance with it private
placement offering exempt from registration requirements under section 4(2) of
the Securities Act of 1933, as amended, and Rule 504 of Regulation D sold
6,100,000 units (each unit consisting of one (1 share of common stock and (1)
warrant) at a price of $0.07 per unit. Each warrant entitles the registered
holder thereof to purchase at any time from the date of the offering until the
close of business February 11, 2001, one share of common stock at a price of
$0.09. On January 17, 2000, the company issued 563,000 shares of common stock at
a price of $0.09 per share to individuals who exercised their warrants.

     On January 20, 2000, one of the founders of the corporation who was invited
to participate at the inception of the corporation based upon on his ability in
the area of investor relations agreed to return his 1,000,000 shares to the
company for cancellation due to changed personal circumstances in which he was
unable to devote significant time and effort to the company. These shares have
been classified as treasury shares.

     On May 29, 2000, the company issued 5,000,000 shares of common stock in
exchange for 35,700,000 shares of Sword Comp-Soft, Corp.

     In February 1998, the company issued in accordance with it private
placement offering exempt from registration requirements under section 4(2) of
the Securities Act of 1933, as amended, and Rule 504 of Regulation D sold
6,100,000 units (each unit consisting of one (1 share of common stock and (1)
warrant) at a price of $0.07 per unit. Each warrant entitles the registered
holder thereof to purchase at any time from the date of the offering until the
close of business February 11, 2001, one share of common stock at a price of
$0.09. On May 31, 2000, the company issued 4,398,944 shares of common stock at a
price of $0.09 per share to individuals who exercised their warrants.

     In February 1998, the company issued in accordance with it private
placement offering exempt from registration requirements under section 4(2) of
the Securities Act of 1933, as amended, and Rule 504 of Regulation D sold
6,100,000 units (each unit consisting of one (1 share of common stock and (1)
warrant) at a price of $0.07 per unit. Each warrant entitles the registered
holder thereof to purchase at any time from the date of the offering until the
close of business February 11, 2001, one share of common stock at a price of
$0.09. On July 10, 2000, the company issued 353,351 shares of common stock at a
price of $0.09 per share to individuals who exercised their warrants.

                                       34

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 11 - SHAREHOLDERS' EQUITY (CONTINUED):

Warrants and options

     On  February 28, 2000, the company issued 4,644,156 warrants to settle the
         following related party notes:

     Current portion of long term debt ( net of discount)            $   88,800
     Notes payable (principally related parties) (net of discount)    1,172,648
     Long -term debt, less current portion (net of discount)            104,031
     Current year interest expense                                       27,770
                                                                     ----------
                                                                     $1,393,249
                                                                     ==========

     In 1998, the Company, in accordance with it private placement memorandum to
sell 6,100,000 units (each unit consisting of one (1) share of common stock and
one (1) warrant), sold 6,100,000 shares of common stock. Each warrant entitles
the registered holder thereof to purchase at any time from the date for a period
of three (3) years, one share of common stock at a price of $0.09. As of
November 30, 1999, 6,100,000 warrants were outstanding.

     On May 29, 2000, the company issued 5,000,000 shares of common stock and
5,000,000 warrants in exchange for 35,700,000 shares of Sword Comp-Soft, Corp.,
a Delaware corporation which provides on-line interactive health services
through the internet. The warrants are exercisable at $2.00 USD and expire on
May 29, 2003.

     On January 29, 1999 the company granted 210,000 options to its President,
Leonard Stella. The options vest 70,000 per year over a three year period. The
options are exercisable at $1.50 per share and expire on December 31, 2003. The
total dollar value of the options at the date of grant was $315,000. The fair
market value of the company's stock which was tradable on the OTC Bulleting
Board was $1.50.

     On January 29, 1999 the company granted 150,000 options to its Chief
Executive Officer, Dominique Morisot. The options vest 50,000 per year over a
three year period. The options are exercisable at $1.50 per share and expire on
December 31, 2003. The total dollar value of the options at the date of grant
was $225,000. The fair market value of the company's stock which was tradable on
the OTC Bulleting Board was $1.50.

     On January 29, 1999 the company granted 50,000 options to its Vice
President Human Resource, Ronald Lapenna. The options vest after one year. The
options are exercisable at $1.50 per share and expire on December 31, 2003. The
total dollar value of the options at the date of grant was $75,000. The fair
market value of the company's stock which was tradable on the OTC Bulleting
Board was $1.50.

     On January 29, 1999 the company granted 50,000 options to its Vice
President Finance, George Haligua. The options vest after one year. The options
are exercisable at $1.50 per share and expire on December 31, 2003. The total
dollar value of the options at the date of grant was $75,000. The fair market
value of the company's stock which was tradable on the OTC Bulleting Board was
$1.50.

     On August 30, 1999, the Company granted 100,000 options to its chairman of
the Board, Dr. Alain Soucy. The options vest after one year. The options are
exercisable at $0.30 per share and expire on December 31, 2003. The total dollar
value of the options at the date of grant was $30,000. The fair market value of
the company's stock which was tradable on the OTC Bulleting Board was $.30.

                                       35

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 11 - SHAREHOLDERS' EQUITY (CONTINUED):

     On February 22, 2000, the Company granted 50,000 options to its
Vice-chairman of the Board, Dr. David Mulder. The options vest after one year.
The options are exercisable at $1.50 per share and expire on November 30, 2003.
The total dollar value of the options at the date of grant was $75,000. The fair
market value of the company's stock which was tradable on the OTC Bulleting
Board was $1.00.

     On April 19, 2000, the Company granted 100,000 options to its new Chairman
of the Board, Dr. George Tsoukas. The options vest after one year. The options
are exercisable at $1.50 per share and expire on November 30, 2003. The total
dollar value of the options at the date of grant was $150,000. The fair market
value of the company's stock which was tradable on the OTC Bulleting Board was
$1.60.

     In October 1995, the Financial Accounting Standards Board issued Statement
of Financial Accounting Standards ("SFAS") No. 123, "Accounting for Stock-Based
Compensation". The Company has determined that it will continue to account for
employee stock-based compensation under Accounting Principles Board No. 25 and
elect the disclosure-only alternative under SFAS No. 123. The fair value of a
share of nonvested stock is measured at the market price of a share on the grant
date. The proforma effect to net income and earnings per share is reflected as
follows:

                                                       Year ended     Year ended
FAS 123 "Accounting for stock based compensation    Nov. 30, 2000  Nov. 30, 1999
                                                    -------------  -------------
Paragraph 47 (a)
1  Beginning of year - outstanding
     i.  number of options                                560,000              0
     ii.  weighted average exercise price                    1.29              0
2  End of year - outstanding
     i.  number of options                                710,000        560,000
     ii. weighted average exercise price                     1.46           1.29
3  End of year - exercisable
     i.  number of options                                320,000              0
     ii. weighted average exercise price                     1.13              0
4  During the year - Granted
     i.  number of options                                150,000        560,000
     ii. weighted average exercise price                     1.50           1.29
5  During the year - Exercised
     i.  number of options                                      0              0
     ii. weighted average exercise price                        0              0
6  During the year - Forfeited
     i.  number of options                                      0              0
     ii. weighted average exercise price                        0              0
7  During the year - Expired
     i.  number of options                                      0              0
     ii. weighted average exercise price                        0              0
Paragraph 47 (b) Weighted-average grant-date fair
value of options granted during the year:
1.  Equals market price                                         0           1.29
2.  Less than market price                                    .67           1.41
3.  Exceeds market price                                      .28              0

                                       36

<PAGE>


                               MILLENIA HOPE INC.
                      (A COMPANY IN THE DEVELOPMENT STAGE)
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEARS ENDED NOVEMBER 30, 2000 AND 1999
          FROM INCEPTION (DECEMBER 24, 1997) THROUGH NOVEMBER 30, 2000


NOTE 11 - SHAREHOLDERS' EQUITY (CONTINUED):

Paragraph 47(C)Equity instruments other than options             none      none

Paragraph 47(d) Description of the method and significant
assumptions used during the year to estimate the
fair value of options:
1.  Weighted average risk-free interest rate            7.00%        6.10%
  2.  Weighted average expected life                   36.00month   56.74 months
  3.  Weighted average expected volatility               100%      128.00%
     4.  Weighted average expected dividends            0.00         0.00

Paragraph 47(e) Total compensation cost recognized
in income for stock-based employee compensation awards   0            0

Paragraph 47(f) The terms of significant modifications
of outstanding awards.                                  none         none

<TABLE>
<CAPTION>
                                                               Nov. 30,         Nov. 30,
                                                                 2000             1999
                                                              ------------   ------------
<S>                                                            <C>            <C>
Paragraph 48 - Options outstanding at the date of the latest
statement of financial position presented:
1.(a) Range of exercise prices                                 $0.30-$1.50    $0.30-$1.50
  (b) Weighted-average exercise price                             1.46           1.29
2.Weighted-average remaining contractual life (in months)        23.60          56.74

</TABLE>


<TABLE>
<CAPTION>

                                                                                   Inception
                                                                               Dec. 24, 1997
                                                Year ended       Year ended          Through
                                             Nov. 30, 2000    Nov. 30, 1999    Nov. 30, 2000
                                           ---------------  ---------------    -------------
<S>                                        <C>              <C>                  <C>

Net Income after proforma effect                  (664,173)      (2,032,229)     (4,189,752)
Earnings per share after proforma effect   $       (0.0423) $       (0.1839)

</TABLE>


                                       37
<PAGE>

                                   SIGNATURES


     In accordance with Section 12 of the Securities Exchange Act of 1934, the
Registrant caused this registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized.


                            MILLENIA HOPE INC.


Date: April 18, 2001        /s/ George Tsoukas
                            ------------------------
                            George Tsoukas, Chairman and Director


Date: April 18, 2001        /s/ David Mulder
                            ----------------------------
                            David Mulder, Vice Chairman and Director


Date: April 18, 2001        /s/ Dominique Morisot
                            ---------------------------------
                            Dominique Morisot, President/CEO and Director


Date: April 18, 2001        /s/ Leonard Stella
                            ------------------------------
                            Leonard Stella, Chief Operating Officer and Director
                            (Principal Financial Officer)


Date: April 18, 2001        /s/ Ronald Lapenna
                            ---------------------------
                            Ronald Lapenna, VP Personnel and Director


                                       36