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

                                   FORM 10-QSB

     (Mark  One)

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

                    For the quarter ended September 30, 2002

                                       or

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

           For the transition period from ____________ to ____________

                         Commission file number 0-25007

                         AMALGAMATED TECHNOLOGIES, INC.
             -----------------------------------------------------
             (Exact name of registrant as specified in its charter)

            DELAWARE                                           65-0656268
---------------------------------                          ------------------
 (State or other jurisdiction of                           (I.R.S. Employer
  incorporation or organization)                           Identification No.)

1640 TERRACE WAY, WALNUT CREEK, CA                                 94596
----------------------------------                              ----------
(Address  of  principal  executive)                            (Zip  Code)
 offices)
                                 (925) 930-0100
              ---------------------------------------------------
              (Registrant's telephone number, including area code)

                          FULLCOMM TECHNOLOGIES, INC.
  -----------------------------------------------------------------------------
    (Former Name, Former Address, and Former Fiscal year if Changed Since Last
                                     Report)

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

     As  of  November  15,  2002,  there were 459,031 shares of the Registrant's
common  stock,  par  value  $.0001  per  share  issued  and  outstanding.

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

<PAGE>
                         AMALGAMATED TECHNOLOGIES, INC.
               SEPTEMBER 30, 2002 QUARTERLY REPORT ON FORM 10-QSB
                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                           Page Number
<S>                           <C>                                                  <C>

                             Special Note Regarding Forward Looking Statements . .  3

                          PART I FINANCIAL INFORMATION

Item 1.                       Financial Statements . . . . . . . . . . . . . . . .  5
Item 2.                       Plan of Operation. . . . . . . . . . . . . . . . . . 11
Item 3                        Controls and Procedures. . . . . . . . . . . . . . . 13

                            PART II OTHER INFORMATION

Item 2.                       Changes in Securities and Use of Proceeds. . . . . . 13
Item 3.                       Defaults Upon Senior Securities. . . . . . . . . . . 13
Item 4.                       Submission of Matters to a Vote of Security Holders. 13
Item 6.                       Exhibits and Reports on Form 8-K . . . . . . . . . . 14
</TABLE>


                                     PAGE 2
<PAGE>
                SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

     To  the  extent  that the information presented in this Quarterly Report on
Form  10-QSB  for  the  quarter  ended  September  30, 2002, discusses financial
projections,  information  or  expectations  about  our  products or markets, or
otherwise  makes  statements  about  future  events,  such  statements  are
forward-looking.  We  are making these forward-looking statements in reliance on
the  safe  harbor  provisions of the Private Securities Litigation Reform Act of
1995.  Although  we  believe  that  the  expectations  reflected  in  these
forward-looking  statements  are  based  on  reasonable assumptions, there are a
number  of  risks  and  uncertainties  that could cause actual results to differ
materially  from such forward-looking statements.  These risks and uncertainties
are  described,  among  other  places  in  this  Quarterly  Report,  in "Plan of
Operation".

     In  addition,  we  disclaim  any  obligations to update any forward-looking
statements  to  reflect events or circumstances after the date of this Quarterly
Report.  When  considering  such  forward-looking statements, you should keep in
mind  the  risks  referenced  above  and the other cautionary statements in this
Quarterly  Report.


                                     PAGE 3
<PAGE>
                         PART I - FINANCIAL INFORMATION
<TABLE>
<CAPTION>

ITEM 1. FINANCIAL STATEMENTS                                                                          PAGE
                                                                                                      ----
<S>                                                                                                   <C>
Consolidated Balance Sheet as of September 30, 2002 and December 31, 2001 . . . . . . . . . . . . . . 5

Consolidated Statements of Operations
     for the three and nine-months ended September 30, 2002 and 2001 and for
     the period from inception on January 15, 1999 through September 30, 2002 . . . . . . . . . . . . 6

Consolidated Statement of Stockholders' Equity (Deficit). . . . . . . . . . . . . . . . . . . . . . . 7

Consolidated Statements of Cash Flows
     for the three and nine months ended September 30, 2002 and 2001 and for the
     period from inception on January 15, 1999 through September 30, 2002 . . . . . . . . . . . . . . 8

Notes to Consolidated Financial Statements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
</TABLE>


                                     PAGE 4
<PAGE>
                          PART I. FINANCIAL INFORMATION

ITEM 1.     FINANCIAL STATEMENTS

                    AMALGAMATED TECHNOLOGIES, INC. AND SUBSIDIARY
          (Formerly known as Fullcomm Technologies, Inc. and Subsidiary)
                         (A DEVELOPMENT STAGE COMPANY)

                           CONSOLIDATED BALANCE SHEET

<TABLE>
<CAPTION>
                                                   September 30,  December 31,
                                                      2002           2001
                                                      ----           ----
                                                    Unaudited     (Restated)
                                                    ---------     ----------
                                     ASSETS
                                     ------
<S>                                               <C>             <C>
  Current assets:
-     Cash                                        $     39,719   $        823
                                                  ------------   ------------

     Total current assets                               39,719            823
                                                  ------------   ------------

  Furniture and equipment, net of accumulated
     depreciation                                        7,866          9,887
                                                  ------------   ------------

  Other assets:
     Patent costs                                       15,145         15,145
                                                  ------------   ------------

     Total other assets                                 15,145         15,145
                                                  ------------   ------------

  TOTAL ASSETS                                    $     62,730   $     25,855
                                                  ============   ============

                      LIABILITIES AND SHAREHOLDERS' DEFICIT
                      -------------------------------------

  Current liabilities:
     Accounts payable and accrued expenses        $     77,266   $    529,252
     Loan payable                                      244,625        228,875
                                                  ------------   ------------
  TOTAL LIABILTIES                                     321,891        758,127
                                                  ------------   ------------

  Stockholders' deficit:
     Preferred stock, 10,000,000 shares authorized,
       $0.001 par value, 10,000 and -0- shares issued and
       outstanding at Sept. 30, 2002 and December 31, 2001,
       respectively (See note 4)                              10               -
     Common stock, 200,000,000 shares authorized,
       $0.0001 par value, 428,982 and 186,591 shares
       issued and outstanding at Sept. 30, 2002 and
       December 31, 2001, respectively (See note 4)         43             19
     Capital in excess of par                        2,372,825      2,161,709
     Deficit accumulated during the development
       stage                                       ( 2,632,039)   ( 2,821,077)
     Deferred compensation                                   -    (    72,923)
                                                  ------------   ------------
  TOTAL SHAREHOLDERS' DEFICIT                      (   259,161)   (   732,272)
                                                  ------------   ------------

  TOTAL LIABILITIES AND SHAREHOLDERS'
    DEFICIT                                       $     62,730   $     25,855
                                                  ============   ============


<FN>
                See accompanying Notes to Financial Statements.
</TABLE>


                                     PAGE 5
<PAGE>


                  AMALGAMATED TECHNOLOGIES, INC. AND SUBSIDIARY
         (Formerly known as Fullcomm Technologies, Inc. and Subsidiary)
                          (A DEVELOPMENT STAGE COMPANY)

                      CONSOLIDATED STATEMENT OF OPERATIONS
                                  (Unaudited)
<TABLE>
<CAPTION>
                                                                                       For the Period
                                                                                       From Inception
                                          Three Months Ended       Nine Months Ended   on January 15,
                                             September 30,           September 30,         1999
                                             -------------           -------------        Through
                                           2002        2001        2002        2001    Sept. 30, 2002
                                           ----        ----        ----        ----    --------------

<S>                                     <C>         <C>         <C>         <C>         <C>
   Revenue                              $        -  $        -  $        -  $        -  $          -

   Cost of goods sold                            -           -           -           -             -
                                        ----------  ----------  ----------  ----------  ------------
   Gross profit                                  -           -           -           -             -
                                        ----------  ----------  ----------  ----------  ------------

   Operating expenses:
     General and administrative             21,260      53,875      48,005     167,511     1,176,858
     Deferred compensation                       -     109,374      72,923     328,122       875,000
     Stock issued for services              10,000           -      10,000           -       120,000
     Research and development                    -      28,795      28,794     100,295       785,958
     Depreciation expense                      674         674       2,021       1,903         8,350
                                        ----------  ----------  ----------  ----------  ------------
   Total operating expenses                 31,934     192,718     161,743     597,831     2,966,166
                                        ----------  ----------  ----------  ----------  ------------
   Income before other income            (  31,934)  ( 192,718)  ( 161,743)  ( 597,831)  ( 2,966,166)
                                        ----------  ----------  ----------  ----------  ------------

   Other income (expense):
     Forgiveness of debt                366,523           -      366,523            -        366,523
     Interest and dividend income                3           8           8         148        15,881
     Interest expense                    (   5,250)  (   5,250)  (  15,750)  (  15,750)  (    48,277)
                                        ----------  ----------  ----------  ----------  ------------
   Total other income (expense)            361,276   (   5,242)    350,781   (  15,602)      334,127
                                        ----------  ----------  ----------  ----------  ------------

   Net Income (Loss)                    $  329,342  $( 197,960) $  189,038  $( 613,433) $( 2,632,039)
                                        ==========  ==========  ==========  ==========  =============

   Basic net income (loss) per share    $      .88  $(    1.06) $      .76  $(    3.29)
                                        ==========  ==========  ==========  ==========
   Diluted net income (loss) per share  $      .21  $(    1.06) $      .27  $(    3.29)
                                        ==========  ==========  ==========  ==========
   Basic weighted average number of
     shares outstanding                    373,046     186,591     248,971     186,591
                                        ==========  ==========  ==========  ==========
   Diluted weighted average number of
     shares outstanding                  1,573,046     186,591     698,971     186,591
                                        ==========  ==========  ==========  ==========

<FN>
                See accompanying Notes to Financial Statements.
</TABLE>


                                     PAGE 6
<PAGE>

                  AMALGAMATED TECHNOLOGIES, INC. AND SUBSIDIARY
            (Formerly known as Fullcomm Technologies and Subsidiary)

                          (A DEVELOPMENT STAGE COMPANY)

            CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                                  (Unaudited)

<TABLE>
<CAPTION>
                          Preferred Stock     Common Stock      Capital
                          ----------------  ----------------   in excess  Accumulated   Deferred
                          Shares    Amount  Shares    Amount    of Par      Deficit   Compensation   Total
                          ------    ------  ------    ------    ------      -------   ------------   -----
<S>                       <C>    <C>        <C>       <C>    <C>         <C>          <C>        <C>
Issuance of common stock       - $       -  109,177 $     11 $ 1,176,717 $          - $        - $  1,176,728
Issuance of common stock
  in reverse merger            -         -   65,217        7          (7)           -          -            -
Issuance of common stock
  for services and fees        -         -   12,197        1     984,999            -   (510,420)     474,580

Net loss                       -         -        -        -           -   (2,032,323)         -   (2,032,323)
                          ------ ---------  ------- -------- ----------- ------------ ---------- ------------

Balance at December 31, 2000   -         -  186,591       19   2,161,709   (2,032,323)  (510,420)    (381,015)

Write down of deferred
  compensation                 -         -        -        -           -            -    437,497      437,497

Net loss                       -         -        -        -           -     (788,754)         -     (788,754)
                          ------ ---------  ------- -------- ----------- ------------ ---------- ------------

Balance at December 31, 2001   -         -  186,591       19   2,161,709   (2,821,077)   (72,923)    (732,272)

Write down of deferred
  compensation                 -         -       -         -           -            -     72,923       72,923

Issuance of common stock
  for services                 -         -  217,391       22       9,978            -          -       10,000
Issuance of common stock
  for payment of accounts
  payable                      -         -   25,000        3       1,148            -          -        1,150
Issuance of preferred stock
  for cash                10,000        10        -        -     199,990            -          -      200,000

Net income                     -         -        -        -           -      189,038          -      189,038
                          ------ ---------  ------- -------- ----------- ------------ ---------- ------------

                          10,000 $      10  428,982 $     43 $ 2,372,825 $ (2,632,039)$        - $   (259,161)
                          ====== =========  ======= ======== =========== ============ ========== ============
<FN>
                See accompanying Notes to Financial Statements.
</TABLE>


                                     PAGE 7
<PAGE>
                  AMALGAMATED TECHNOLOGIES, INC. AND SUBSIDIARY
            (Formerly know as Fullcomm Technologies and Subsidiary)
                          (A DEVELOPMENT STAGE COMPANY)

                      CONSOLIDATED STATEMENT OF CASH FLOWS
                                  (Unaudited)
<TABLE>
<CAPTION>
                                                                                For the period
                                                                                From Inception
                                         Three Months Ended  Nine Months Ended  on January 15
                                           September 30,       September 30,    1999, Through
                                           -------------       -------------    September, 30
                                          2002        2001    2002       2001        2002
                                          ----        ----    ----       ----        ----
<S>                                     <C>       <C>       <C>       <C>       <C>
Cash flows from operating activities:
Net income (loss)                       $ 329,342 $(197,960)$ 189,038 $(613,433)$(2,632,039)
Adjustments to reconcile net income (loss)
    to net cash used in operating activities
Deferred compensation                           -   109,374    72,923   328,122     875,000
Stock issued for services                  10,000         -    10,000         -     120,000
Depreciation                                  674       674     2,021     1,903       8,350
Interest expense                            5,250     5,250    15,750    15,750      44,625
Increase (decrease) in accounts payable
    and accrued expenses                 (506,276)   82,561  (450,836)  264,836      78,416
                                        --------- ---------- -------- ---------- -----------

Net cash used in operating activities    (161,010)     (101) (161,104)   (2,822) (1,505,648)
                                        --------- ---------- -------- ---------- -----------

Cash flows from investing activity:
Purchase of furniture and equipment             -         -         -         -     (16,216)
Patent costs                                    -         -         -    (1,142)    (15,145)
                                        --------- ---------- -------- ---------- -----------

Net cash used in investing activities           -         -         -    (1,142)    (31,361)
                                        --------- ---------- -------- ---------- -----------

Cash flows from financing activities:
Proceeds of issuance of common stock            -         -         -         -   1,150,236
Proceeds of issuance of preferred stock   200,000         -   200,000         -     200,000
Proceeds of note payable                        -         -         -         -     500,000
Repayment of note payable                       -         -         -         -    (300,000)
Proceeds from loan to shareholder               -         -         -         -      26,492
                                        --------- ---------- -------- ---------- -----------

Net cash provided by financing activities 200,000         -   200,000         -   1,576,728
                                        --------- ---------- -------- ---------- -----------

Net increase (decrease) in cash            38,990      (101)   38,896    (3,964)     39,719

Cash at beginning of period                   729       979       823     4,842           -
                                        --------- ---------- -------- ---------- -----------

Cash at end of period                   $  39,719 $     878 $  39,719 $     878 $    39,719
                                        ========= ========== ======== ========== ===========

Supplemental cash flow disclosures:
    Cash paid for interest              $       - $       - $       - $       -
                                        ========= ========== ======== ==========
    Cash paid for income taxes          $       - $       - $       - $       -
                                        ========= ========== ======== ==========

Non-cash financing activities:
    Increase in Loan payable, attributed to
    accrual of interest expense         $   5,250 $   5,250 $  15,750 $  15,750
                                        ========= ========== ======== ==========
    Stock issued for services           $  10,000 $       - $  10,000 $       -
                                        ========= ========== ======== ==========
    Stock issued for accounts payable   $   1,150 $       - $   1,150 $       -
                                        ========= ========== ======== ==========


<FN>
                See accompanying Notes to Financial Statements.
</TABLE>


                                     PAGE 8
<PAGE>


                  AMALGAMATED TECHNOLOGIES, INC. AND SUBSIDIARY
         (Formerly known as Fullcomm Technologies, Inc. and Subsidiary)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS




1.   Consolidated  Financial  Statements

     The  accompanying  financial statements include the accounts of Amalgamated
     Technologies  Inc.  and  its  wholly  owned  subsidiary Fullcomm, Inc. (the
     "Company").  All  significant  inter-company balances and transactions have
     been  eliminated  in  consolidation.

     The  accompanying  unaudited condensed consolidated financial statements of
     have  been  prepared  in  accordance  with  generally  accepted  accounting
     principles  for  interim financial information and with the instructions to
     Form  10-QSB  and  Item  310(b) of Regulation S-B. Accordingly, they do not
     include all of the information and footnotes required by generally accepted
     accounting  principles for complete financial statements. In the opinion of
     management,  all  normal  and recurring adjustments and accruals considered
     necessary for a fair presentation have been included. Operating results for
     the  three  and  nine  month  periods  ended  September  30,  2002  are not
     necessarily  indicative  of  the  results that may be expected for the year
     ended  December  31,  2002. For further information, refer to the financial
     statements  and  footnotes  thereto  included  in  the  Company's  annual
     shareholders' report incorporated by reference in the Form 10KSB filed with
     the  SEC  on  April  15,  2002.


2.   Long-Term  Loans  Payable

     On  August  16,  2000  the Company executed a $200,000 promissory note. The
     note provides for interest on the principal, accrued at a rate of 10.5% per
     annum. The principal and all accrued interest were payable upon the earlier
     of  (i)  August  3,  2001  or  (ii)  the  consummation of an equity or debt
     financing by the Company in an amount equal to or greater than $200,000. At
     September  30, 2002 the principal and accrue interest due was $244,625. The
     note  is  in  default.


3.   Forgiveness  of  Debt

     A  portion  of  the  proceeds  from the sale of preferred stock was used to
     repay  the  Company's  creditors, which in most instances, agreed to accept
     negotiated  settlements  for less than the obligations due to them. For the
     three  and  nine  month periods ended September 30, 2002 the forgiveness of
     debt  amounted  to  $366,523.


                                     PAGE 9
<PAGE>

                  AMALGAMATED TECHNOLOGIES, INC. AND SUBSIDIARY
         (Formerly known as Fullcomm Technologies, Inc. and Subsidiary)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



4.   Recapitalization

     On  October  8, 2002 the Company's certificate of incorporation was amended
     as  follows:

     a.  The  name  of the Company was changed to Amalgamated Technologies, Inc.

     b.  The  Company  effectuated  a  46  for 1 reverse stock split. There were
     19,733,189  shares  of  the  Company's common stock issued and outstanding,
     prior  to  the reverse stock split. As a result of the reverse stock split,
     there  will  be  428,982  shares  of  common  stock issued and outstanding.

     c.  The  Company's  authorized capitalization was increased from 20,000,000
     shares  of common stock, par value $.0001 and 5,000,000 shared of preferred
     stock,  par  value  $.001, to 200,000,000 shares of common stock, par value
     $.0001  and  10,000,000  shares  of  preferred  stock,  par  value  $.001.

     The  above amendments have been reflected in these financial statements for
     the  three  and  nine  months  ended  September 30, 2002 and the year ended
     December  31,  2001.

5.   Sale  of  Wholly  Owned  Subsidiary

     On  October  8,  2002  the  Company  sold Fullcomm, Inc., it's wholly owned
     operating subsidiary and owner of all the Company's business assets, to two
     former  officers of the Company, in exchange for a non-exclusive, ten year,
     worldwide  license  for  certain technology owned by Fullcomm, Inc. and the
     delivery,  to  the  Company,  of 2,925,000 pre-split shares of common stock
     owned  by  the former officers. As of November 18, 2002 the shares have yet
     to  be  cancelled.  This  transaction  is  not reflected in these financial
     statements.

6.   Sale  of  Convertible  Preferred  Stock

     On  June  20,  2002 the Company sold 10,000 shares of Convertible Preferred
     Stock,  $.001  par  value  per  share  for  an  aggregate purchase price of
     $200,000.  Each  share of Preferred Stock is convertible into 120 shares of
     common  stock,  at  any  time.  The conversion ratio is not effected by the
     reverse  stock  split  of  October  8,  2002.


                                    PAGE 10
<PAGE>
ITEM  2.     PLAN  OF  OPERATION

     We  are  a  development  stage  company  that,  through  our  wholly-owned
subsidiary,  Fullcomm,  Inc.,  was  previously  engaged  in  the  research  and
development  of  proprietary  hardware  and  software  encryption components for
digital  data  transfer,  specializing in digital media and data security on the
Internet.  Our  activities  since  the  inception  of this line of business were
devoted to research and development, prototype development, creating a marketing
program,  acquiring  equipment, hiring management personnel and raising capital.
We  have  had no operating revenues and have financed all of our operations from
loans  and sales of our common stock.  As more fully described below, subsequent
to the period covered by this report, effective October 8, 2002, we entered into
a  Stock  Exchange  Agreement  that  will,  upon  closing, result in the sale of
Fullcomm,  Inc.  to  Brendan  Elliot  and  Wayne  Lee.

     Due  to  a lack of funding we were unable to complete development of any of
our  products.  As  a result, we engaged in a corporate reorganization.  On July
16,  2002 (the "Closing Date") we completed and closed a June 20, 2002 Preferred
Stock  Purchase  Agreement  (the  "Agreement")  with  7 persons who purchased an
aggregate  of  10,000 shares of our Series A Preferred Stock at a purchase price
of  $20  per share or $200,000 on an aggregate basis.  The terms of the Series A
Preferred  Stock  are  set forth in the Certificate of Designations, Preferences
and  Rights of our Series A Preferred Stock as filed with the Delaware Secretary
of  State  on  July  16,  2002.  The Series A Preferred Stock is convertible, in
whole  and  not in part, into shares of our restricted common  stock at the rate
of  120  shares of common stock for each share of Series A Preferred Stock or an
aggregate  of  1,200,000  shares.  No  downward  adjustment  shall  be made with
respect to the conversion rate and number of shares of our common stock issuable
upon  conversion in the event of a reverse split of our common stock, including,
but  not  limited  to, the 46:1 reverse stock split effected by us on October 8,
2002.

     The  Agreement  further provided for the resignation of Brendan Elliott and
Wayne  Lee  as  officers and directors.  These  resignations took effect on July
17,  2002.  David  Rector,  our  sole  director following such resignations, was
appointed  to  fill  the  vacant  officer positions created by the resignations.
Messrs.  Elliott  and  Lee  continue  to  serve as officers and directors of our
wholly  owned  subsidiary  Fullcomm,  Inc.

     $150,000  of the proceeds from the sale of the Series A Preferred Stock was
used  to  pay  off  our  creditors,  which  in  most instances, agreed to accept
negotiated  settlements  of  obligations  of ours to them.  All of our creditors
with  the  exception  of  Jenadosa  Holdings  ("Jenadosa")  and  Intrinsix Corp.
("Intrinsix") received payment and executed releases.  Jenadosa is the holder of
a $200,000, 10.5% promissory note of ours dated August 16, 2000 in the principal
amount  of  $200,000.  Intrinsix  claims  to  be  owed  approximately $72,000 by
Fullcomm,  Inc.,  our  former  wholly owned operating subsidiary.  Intrinsix has
agreed,  along  with  Messrs.  Elliott and Lee, to have the obligation remain an
obligation  of  Fullcomm,  Inc.  following  the  sale  of  Fullcomm,  Inc.

     In  furtherance of the Agreement, our  board of directors and a majority of
our  shareholders  approved  amending  our  Certificate  of Incorporation to (i)
change  our name to Amalgamated Technologies, Inc.; (ii) increase our authorized
capitalization  from  20,000,000  common  shares, $.0001 par value per share and
5,000,000  preferred  shares, $.001 par value per share to 200,000,000 shares of
common  stock,  $.0001  par  value  per share and 10,000,000 shares of preferred
stock,  $.001  par  value per share; and (iii) effect a 46:1 reverse stock split


                                    PAGE 11
<PAGE>

(the  "Reverse  Stock  Split").  The  charter  amendments, including the Reverse
Stock  Split,  were  effected  by  us  on  October  8,  2002.

     On the Closing Date, we had (i) 8,583,189 shares of our common stock issued
and  outstanding,  including  an  aggregate  of 2,925,000 shares of common stock
owned  by  Messrs.  Elliott  and Lee; (ii) 99,933 common stock purchase warrants
issued  and  outstanding,  each  to  purchase on share of our common stock at an
exercise price of $2.75 per share; (iii) an obligation to issue 30,000 shares of
our  common  stock  to  Richard  Case,  our  former  chief  executive officer in
settlement  of a compensation dispute with Mr. Case, which shares were issued to
Mr.  Case  following  our  effectuation  of the Reverse Stock Split and were not
reduced  in number by reason of such Reverse Stock Split; and (iv) an obligation
to  issue 10,000,000 shares to David Rector and to issue shares to our corporate
and  securities  counsel  for  services  rendered, which were issued on July 22,
2002.  We  further  agreed  to  issue  an  additional  2,230,351  shares  of our
restricted  common  stock  to  David  Rector  following  the  Reverse  Split  in
connection  with  his  continuing  to  serve  as  our  sole officer and director
following  the  effectuation of the Certificate of Amendment.  These shares have
yet  to  be  issued.

     Our board of directors and a majority of our shareholders also approved the
sale  of  Fullcomm, Inc., our wholly owned operating subsidiary and the owner of
all  of  our  business assets to Brendan Elliot and Wayne Lee, in exchange for a
non-exclusive,  ten  year, worldwide license (the "License") from Fullcomm, Inc.
to  use  technology  owned by Fullcomm, Inc., and the delivery by Messrs. Elliot
and  Lee  of  all  of  their  shares of our common stock, constituting 2,950,000
pre-reverse  split  shares  (the  "Shares"), for cancellation.  The terms of the
License  and  share exchange are set forth in a License Agreement executed as of
October  8,  2002  between  us and Fullcomm, Inc. and a Stock Exchange Agreement
executed  as  of  October  8,  2002 among us, Fullcomm, Inc., Brendan Elliot and
Wayne  Lee.  Messrs.  Elliot  and  Lee  subsequently  informed  us  that  the
certificates representing the Shares had been lost.  They have agreed to execute
Affidavits  of Loss and Indemnity (the "Affidavits").  Following delivery of the
Affidavits  to our transfer agent, pursuant to which the Shares, which have been
reduced  in  number by reason of the Reverse Stock Split, will be cancelled, the
Stock  Exchange Agreement and License Agreement will be given retroactive effect
to  October  8,  2002.  The  technology  which  is  the  subject  of the License
Agreement  relates  to  source  codes  for  key  pieces  of  encryption/security
hardware.  The  annual  license  fee payable by us to Fullcomm, Inc. is $1.  The
License  Agreement  requires us to pay a 5% royalty on all net revenues realized
by  us  that  are directly attributable to the License.  In the event we fail to
pay  $100,000  in royalties during any 12 month period ending on the anniversary
date  of the License Agreement, the license may be terminated by Fullcomm, Inc.,
at  its  option.  The license may also be terminated by Fullcomm, Inc. following
an  acquisition,  merger,  reorganization, or other corporate restructuring that
results  in a change in our voting control, excluding shares of our common stock
issuable  upon conversions of our Series A Preferred Stock.  No assurance can be
given  that  we  will  realize  any  revenues or other benefits from the License
Agreement

     As  part of the reorganization we have decided to look at other ventures of
merit  for  corporate  participation  as a means of enhancing shareholder value.
This may involve sales of our equity or debt securities in merger or acquisition
transactions.  We  have minimal operating costs and expenses at the present time
due  to  our  limited activities.  Accordingly, absent changed circumstances, we
will  not  be  required  to raise additional capital over the next twelve months
although  we may do so in connection with possible acquisition transactions.  We
do  not  presently  engage  in  any product research and development and have no
plans to do so in the foreseeable future.  Except as otherwise discussed herein,


                                    PAGE 12
<PAGE>

we  have  no  present plans to sell any plant or significant equipment.  We also
have no present plans to add employees although we may do so in the future if we
engage  in  any  merger  or  acquisition  transactions.

ITEM  3.  CONTROLS  AND  PROCEDURES

     Our  principal  executive officer and principal financial officer evaluated
the  effectiveness of our disclosure controls and procedures as of a date within
90  days  prior  to  the  filing  of this report.  Based on this evaluation, our
principal  executive officer and principal financial officer have concluded that
our controls and procedures are effective in providing reasonable assurance that
the information required to be disclosed in this report is accurate and complete
and has been recorded, processed, summarized and reported within the time period
required  for  the  filing  of  this  report.  Subsequent  to  the  date of this
evaluation, there have not been any significant changes in our internal controls
or,  to  our  knowledge,  in  other  factors that could significantly affect our
internal  controls.

                           PART II - OTHER INFORMATION

ITEM  2.     CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

     On July 22, 2002 we issued 10,000,000 shares of our restricted common stock
to  David  Rector  in  consideration  for  his  serving  as our sole officer and
director,  as  set  forth in an employment agreement between David Rector and us
dated  as  of  July  22,  2002.  Each share was valued at $.001 or $10,000 on an
aggregate  basis.

     On  July 22, 2002 we issued 1,150,000 shares of our restricted common stock
to Kaplan Gottbetter & Levenson, LLP, in consideration of certain legal services
rendered.  Each  share  was  valued  at  $.001  or $1,150 on an aggregate basis.

     On  July  16,  2002 we issued an aggregate of 10,000 shares of our Series A
Preferred  stock  to  seven  persons  at a purchase price of $20.00 per share or
$200,000  on  an  aggregate  basis.

     All of the foregoing issuances were made in reliance on Section 4(2) of the
Securities  Act  of  1933,  as  amended.

ITEM  3.     DEFAULTS  UPON  SENIOR  SECURITIES

     On  August  16,  2000,  we  executed a 10.5%, $200,000 promissory note (the
"Note")  in  favor  of  Jenadosa  Holdings, a British Virgin Islands corporation
("Jenadosa")  in  exchange  for a loan in the amount of $200,000 (the "Principal
Amount")  from  Jenadosa  to  us.  The Principal Amount and all accrued interest
thereon was due on August 3, 2001.  We have not made payment on the Note and are
in  default.  Jenadosa  has not demanded payment and has taken no action at this
time.

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

     On July 22, 2002 stockholders holding 11,150,000 shares of our common stock
(approximately  56.6%  of our  outstanding  shares)   consented  in  writing  to
certain  amendments  to  our  Certificate  of  Incorporation and the sale of our
subsidiary  Fullcomm,  Inc.  to  Brendan  Elliot and Wayne Lee, shareholders and


                                    PAGE 13
<PAGE>

former  officers  and  directors or ours, in exchange for the license of certain
technology  owned  by Fullcomm, Inc. to us and the delivery of all shares of our
common  stock  owned  by Messrs. Elliot and Lee to us for cancellation.  Messrs.
Elliot and Lee subsequently informed us that the certificates representing their
shares  had  been  lost.  They  have  agreed  to  execute Affidavits of Loss and
Indemnity  pursuant  to which their shares, which have been reduced in number by
reason  of  the  October  8, 2002 reverse split, will be cancelled.  The charter
amendments  included  (i) the change of our name from Fullcomm Technologies Inc.
to  Amalgamated  Technologies  Inc.;  (ii)  the  increase  in  our  authorized
capitalization  from  20,000,000  shares  of  common stock, par value $.0001 per
share  and  5,000,000  shares  of  preferred stock, par value $.001 per share to
200,000,000  shares  of  common  stock, par value $.001 per share and 10,000,000
shares of preferred stock, par value $.001 per share; and (iii) the effectuation
of  a  46:1  reverse  stock  split.  The Certificate of Amendment effecting such
amendments  was  filed  with the Delaware Secretary of State on October 8, 2002.
For  a  more  detailed  discussion of the matters covered by shareholder consent
reference  is  made  to our Definitive Information Statement dated September 10,
2002 as filed with the Securities and Exchange Commission on September 10, 2002.

ITEM  6.     EXHIBITS  AND  REPORTS  ON  FORM  8-K

     (a)  Exhibits.

          3.1  Certificate of Amendment to Certificate of Incorporation as filed
               with  Delaware  Secretary  of  State  on  October  8,  2002.

          10.1 Stock Exchange Agreement dated as of October 8, 2002 by and among
               Registrant,  Fullcomm,  Inc.,  Brendan  Elliot  and  Wayne  Lee.

          10.2 License  Agreement dated as of October 8, 2002 between Registrant
               and  Fullcomm,  Inc.

          99.1 Certificate  of  Chief  Executive  and  Financial  Officer

     (b)  Reports  on  Form  8-K.

          On  August 6, 2002 we filed a Current Report on Form 8K dated July 22,
          2002.  The Current Report contained disclosures under Items 1 (Changes
          in Control by Registrant), 2 (Acquisition or Disposition of Assets), 4
          (Changes  in  Registrant's  Certifying  Accountant)  and  7 (Financial
          Statements,  ProForma  Financial  Information  and  Exhibits).


                                    PAGE 14
<PAGE>
                                   SIGNATURES

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



                                                  AMALGAMATED TECHNOLOGIES, INC.


     Dated:  November  18,  2002                      By: /s/David  Rector
                                                      --------------------------
                                                      David  Rector
                                                      President, Chief Executive
                                                      and Accounting  Officer


                                    PAGE 15
<PAGE>

                                 CERTIFICATIONS

     I,  David  Rector,  certify  that:

1.     I have reviewed this  quarterly  report  on  Form  10-QSB  of Amalgamated
Technologies,  Inc.

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

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

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

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

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

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

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

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

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

6.     I  have  indicated  in  this  quarterly  report whether or not there were
significant  changes  in  internal  controls  or  in  other  factors  that could
significantly affect internal controls subsequent to the date of our most recent
evaluation,  including  any  corrective  actions  with  regard  to  significant
deficiencies  and  material  weaknesses.

      Dated:  November  18,  2002                     By: /s/David  Rector
                                                      --------------------------
                                                      David  Rector
                                                      Principal Executive and
                                                      Financial Officer


                                    PAGE 16
<PAGE>
                                                                      EXHBIT 3.1

                            CERTIFICATE OF AMENDMENT
                                       OF
                        THE CERTIFICATE OF INCORPORATION
                                       OF
                           FULLCOMM TECHNOLOGIES, INC.

                                UNDER SECTION 242
                                     OF THE
                        DELAWARE GENERAL CORPORATION LAW

     Fullcomm Technologies, Inc., a corporation organized and existing under and
by  virtue  of the General Corporation Law of the State of Delaware, does hereby
certify  as  follows:

     First:  That  the  name  of the corporation (the "Corporation") is Fullcomm
Technologies,  Inc.

     Second:  That  the  certificate  of  incorporation  of the Corporation (the
"Certificate")  was  originally  filed  with  the Delaware Secretary of State on
March  7,  1996.

     Third:  That Article FIRST of the Certificate is hereby amended to read, in
its  entirety,  as  follows:

          "FIRST: The name of the corporation (the "Corporation") is Amalgamated
     Technologies,  Inc."

     Fourth:  That  Article FOURTH of the Certificate is hereby amended to read,
in  its  entirety,  as  follows:

          "FOURTH:  The total number of shares of all classes of stock which the
     Corporation  shall have authority to issue shall be two hundred ten million
     (210,000,000)  shares,  of  which  two hundred million (200,000,000) shares
     shall  be common stock, par value $.0001 per share (the "Common Stock") and
     ten  million  (10,000,000) shares shall be preferred stock, par value $.001
     per  share (the "Preferred Stock"). All of the shares of Common Stock shall
     be  of  one  class.

          The  shares  of  Preferred Stock shall be undesignated Preferred Stock
     and  may  be  issued  from time to time in one or more series pursuant to a
     resolution  or  resolutions providing for such issuance and duly adopted by
     the  Board of Directors of the Corporation, authority to do so being hereby
     expressly  vested  in  the  Corporation's  Board of Directors. The Board of
     Directors  is  further  authorized  to  determine  or  alter  the  rights,
     preferences,  privileges  and  restrictions  granted to or imposed upon any
     wholly  unissued  series of Preferred Stock and to fix the number of shares
     of  any series of Preferred Stock and the designation of any such series of
     Preferred  Stock.  The  Board  of  Directors of the Corporation, within the
     limits  and  restrictions  stated  in  any resolution or resolutions of the
     Board  of Directors originally fixing the number of shares constituting any
     series, may increase or decrease (but not below the number of shares in any


                                    PAGE 17
<PAGE>
     such series then outstanding) the number of shares of any series subsequent
     to  the  issuance  of  shares  of  that  series.

     The  authority  of  the  Board   of  Directors  of  the   Corporation  with
     respect  to  each  such  class  or series of Preferred Stock shall include,
     without  limitation  of  the  foregoing,  the  right  to determine and fix:

               (i)  the  distinctive designation of such class or series and the
          number  of  shares  to  constitute  such  class  or  series;

               (ii)  the  rate at which dividends on the shares of such class or
          series  shall  be  declared and paid or set aside for payment, whether
          dividends  at  the rate so determined shall be cumulative or accruing,
          and  whether  the  shares of such class or series shall be entitled to
          any  participating  or other dividends in addition to dividends at the
          rate  so  determined,  and  if  so,  on  what  terms;

               (iii)  the  right  or  obligation,  if any, of the Corporation to
          redeem  shares  of  the  particular class or series of Preferred Stock
          and,  if  redeemable,  the price, terms and manner of such redemption;

               (iv) the special and relative rights and preferences, if any, and
          the  amount  or  amounts  per share, which the shares of such class or
          series  of  Preferred  Stock  shall  be  entitled  to receive upon any
          voluntary or involuntary liquidation, dissolution or winding up of the
          Corporation;

               (v)  the  terms and conditions, if any, upon which shares of such
          class or series shall be convertible into, or exchangeable for, shares
          of  capital stock of any other class or series, including the price or
          prices or the rate or rates of conversion or exchange and the terms of
          adjustment,  if  any;

               (vi) the obligation, if any, of the Corporation to retire, redeem
          or  purchase shares of such class or series pursuant to a sinking fund
          or fund of a similar nature or otherwise, and the terms and conditions
          of  such  obligations;

               (vii) voting rights, if any, on the issuance of additional shares
          of  such class or series or any shares of any other class or series of
          Preferred  Stock;

               (viii)  limitations, if any, on the issuance of additional shares
          of  such class or series or any shares of any other class or series of
          Preferred  Stock;

               (ix)  such  other preferences, powers, qualifications, special or
          relative  rights  and  privileges thereof as the Board of Directors of
          the  Corporation,  acting  in  accordance  with  this  Certificate  of
          Incorporation,  may  deem  advisable and are not inconsistent with the


                                    PAGE 18
<PAGE>
          law  and  the  provisions  of  this  Certificate  of  Incorporation.

          Each  issued  and  outstanding share of Common Stock, par value $.0001
     per  share ("Old Common Stock"), outstanding as of the close of business on
     the  date this Certificate of Amendment to the Certificate of Incorporation
     is  filed  with  the  Secretary  of  State  of  the  State of Delaware (the
     "Effective  Date")  shall  automatically, without any action on the part of
     the  holder  of  the  Old  Common  Stock, be converted into one forty-sixth
     (1/46)  of a share of Common Stock, par value $.0001 per share ("New Common
     Stock").  Immediately  following the reverse split, the aggregate number of
     shares of New Common Stock held by each holder of New Common Stock shall be
     calculated.  Thereafter,  all  such holders otherwise entitled to receive a
     fractional  share  of  New  Common  Stock  will receive a full share of New
     Common Stock in lieu of such fractional share as each fractional share will
     be  rounded  up  and  become a whole share. Each holder of a certificate or
     certificates  which  immediately  prior  to  the Effective Date represented
     outstanding shares of Old Common Stock (the "Old Certificates") shall, from
     and  after  the  Effective  Date,  be  entitled to receive a certificate or
     certificates (the "New Certificates") representing the shares of New Common
     Stock  into  which  the  shares of Old Common Stock formerly represented by
     such  Old  Certificates  are converted under the terms hereof. Prior to the
     Effective  Date, there are 19,733,189 shares of Old Common Stock issued and
     outstanding  shares.  Following the effectuation of the reverse stock split
     on  the  Effective  Date,  there  will  be approximately 428,982 issued and
     outstanding shares of New Common Stock. The 19,733,189 shares of Old Common
     Stock  are  hereby  changed into approximately 428,982 shares of New Common
     Stock  at  the  rate  of  one share of New Common Stock for every forty-six
     shares  of  Old  Common  Stock."

     Fifth:  That thereafter, pursuant to resolutions of the board of directors,
the amendments were authorized by resolutions adopted by the affirmative vote of
the  stockholders  holding not less than the necessary number of shares required
by  written  consent  to so authorize, all in accordance with Section 228 of the
General  Corporation  Law  of  the  State  of  Delaware.

     Sixth:  That  said amendments to the Certificate of Incorporation were duly
adopted  in  accordance  with  Section 242 of the General Corporation Law of the
State  of  Delaware.

     Seventh:  That the capital of the corporation shall not be reduced under or
by  reason  of  said  amendments.

     IN WITNESS WHEREOF, the undersigned has executed this Certificate as of the
8th  day  of  October,  2002.

                                                        /s/  David  Rector
                                                        -----------------------
                                                        David Rector, President


                                    PAGE 19
<PAGE>
                                                                    EXHIBIT 10.1


                            STOCK EXCHANGE AGREEMENT
                            ------------------------

     THIS STOCK EXCHANGE AGREEMENT (the "Agreement") is made and entered into as
of  the  8th  day  of  October, 2002 by and among Fullcomm Technologies, Inc., a
Delaware  corporation  with its principal place of business at 1640 Terrace Way,
Walnut Creek, CA 94596 ("FLTI"); Fullcomm, Inc., a Delaware corporation with its
principal  place  of  business  at  6  Hawk  Road,  Lawrenceville,  NJ  08648
("Fullcomm"); and the FLTI shareholders listed on Schedule A attached hereto and
made  a  part  hereof  (singly  and  collectively  referred  to  herein  as  the
"Shareholders").

                                    PREAMBLE

     WHEREAS,  FLTI,  through  its  operating  subsidiary  Fullcomm  has  been
previously  engaged  in  the  development  of  proprietary hardware and software
encryption  components  for  digital  data transfer, including digital media and
data  security  on  the  Internet;  and

     WHEREAS,  FLTI  has  been  unable  to  adequately  fund  and  further  the
development  of  its  proposed  products;  and

     WHEREAS,  FLTI  has  no  present intention to recommence operations through
Fullcomm;  and

     WHEREAS,  all  of Fullcomm's issued and outstanding shares of capital stock
are  owned  by  FLTI  (the  "Fullcomm  Shares");  and

     WHEREAS,  the  Shareholders  are  founders of Fullcomm and former officers,
directors  and  principal  shareholders  of FLTI that contributed certain of the
Fullcomm  assets  to  Fullcomm;  and

     WHEREAS,  the  Shareholders desire to reacquire such Fullcomm assets by way
of  their acquisition of the Fullcomm Shares in exchange for all of their common
stock of FLTI, consisting of an aggregate of 2,925,000 shares and the grant of a
non-exclusive  ten  year, worldwide license to FLTI (the "License"), in the form
of  the  License  Agreement  annexed  hereto  as  Schedule  B;  and

     WHEREAS,  FLTI  similarly  desires  to  make  such  exchange.

     NOW,  THEREFORE,  in  consideration  of  the premises, and of the promises,
covenants  and  conditions contained herein, the parties intending to be legally
bound,  hereby  agree  as  follows:

                                  WITNESSETH:

                                   ARTICLE 1
                               EXCHANGE OF SHARES
                               ------------------

     Subject  to  the  hereinafter  described  conditions, FLTI hereby agrees to
transfer and deliver the Fullcomm Shares to the Shareholders in exchange for all
of  the  shares  of  FLTI  common  stock  owned  by  the Shareholders (the "FLTI


                                    PAGE 20
<PAGE>
Shares"),  consisting  of  an  aggregate of two million nine hundred twenty five
thousand  (2,925,000)  shares  and  the  grant  of  the  License.

                                    ARTICLE 2
                                     CLOSING
                                     -------

     The  exchange  of  the  Fullcomm  Shares  for  the  FLTI Shares (the "Share
Exchange")  and  the  execution of the License Agreement shall take place at the
offices  of  Kaplan  Gottbetter & Levenson, LLP, 630 Third Avenue, New York, New
York  10017,  or  such  other  place  as  the  parties  may  mutually agree (the
"Closing").  The  Closing shall take place upon the execution of this Agreement.
The  date on which the Closing occurs is referred to herein at the Closing Date.
At  the  Closing:

     (a)  The Shareholders shall tender to FLTI certificates representing all of
the FLTI Shares, duly executed and in proper form for transfer to FLTI, together
with such executed consents, powers of attorney, stock powers and other items as
shall  be  required  to  convey  such  stock  to  FLTI,  in  compliance with all
applicable  laws;  and

     (b)  FLTI  shall  tender  to  the  Shareholders,  individually  in the same
proportion  as the FLTI Shares surrendered, certificates representing all of the
Fullcomm  Shares  and such other items as shall be required to convey such stock
to  the  Shareholders  in  compliance  with  all  applicable  laws.

     (c)  FLTI  and  Fullcomm  shall  execute  the  License  Agreement.

                                    ARTICLE 3
                           EXEMPTION FROM REGISTRATION
                           ---------------------------

     (a)     The  Shareholders  hereby  represent,  warrant,  covenant  and
acknowledge  that:

          (1)  The Fullcomm Shares are being issued to them without registration
     under the provisions of Section 5 of the Securities Act of 1933, as amended
     (the  "Act"), pursuant to exemptions provided pursuant to Sections 4(1) and
     4(2)  thereof;

          (2) There is no present market for the Fullcomm Shares and that all of
     the  certificates  for  the  Fullcomm  Shares will bear legends restricting
     their  transfer,  sale,  conveyance  or hypothecation, unless such Fullcomm
     Shares  are  either registered under the provisions of Section 5 of the Act
     and under applicable state securities laws, or an opinion of legal counsel,
     in  form  and  substance  satisfactory  to  legal  counsel  to Fullcomm, is
     provided  certifying  that such registration is not required as a result of
     applicable  exemptions  therefrom;

          (3)  The Shareholders are acquiring the Fullcomm Shares for investment
     purposes  only,  and  not  with a view to further sale or distribution; and

          (4) The Shareholders, by reason of their past and present affiliations
     with  FLTI  and  Fullcomm,  are fully aware of the operations and financial
     conditions  of such entities. Further, the Shareholders have full access to
     all  reports  filed by FLTI with the Securities and Exchange Commission and
     have  examined  all  of  FLTI's and Fullcomm's books, records and financial


                                    PAGE 21
<PAGE>
     statements  and  fully  and  completely  questioned  FLTI's  and Fullcomm's
     officers  and directors to their satisfaction as to all matters they deemed
     pertinent.

     (b)  FLTI  hereby  represents,  warrants,  covenants and acknowledges that:

          (1)  The  FLTI Shares are being transferred to it without registration
     under  the  provisions  of  Section  5  of  the  Act pursuant to exemptions
     provided  pursuant  to  Sections  4(1)  and  4(2)  thereof;  and

          (2)  FLTI  is  acquiring  the FLTI Shares for the purpose of canceling
     them  and  returning  them to the status of authorized but unissued shares.

                                    ARTICLE 4
                        REPRESENTATIONS,  WARRANTIES AND
                         COVENANTS OF FLTI AND FULLCOMM
                        -------------------------------

     FLTI  and  Fullcomm  hereby  represent  and  warrant to the Shareholders as
follows:

     (a) Fullcomm is a corporation duly organized, validly existing, and in good
standing  under  the  laws  of the State of Delaware, and both FLTI and Fullcomm
have  the legal capacity and all necessary corporate authority to enter into and
perform  this  Agreement and to consummate the transactions contemplated hereby;

     (b) At the Closing, Fullcomm shall have good and marketable title to all of
its  assets  free  and  clear  of  all  liens,  claims,  charges,  and any other
encumbrances.

     (c)  At  the Closing, Fullcomm shall have no material liabilities except as
otherwise  set  forth  in  Schedule  4(c).

     (d)  The Fullcomm Shares represent all of Fullcomm's issued and outstanding
capital stock. At the Closing, Fullcomm shall have no outstanding subscriptions,
options,  warrants,  or  other  convertible  securities  that could result in an
obligation  to  issue  additional  capital  stock  of  Fullcomm;

     (e) This Agreement has been duly authorized, executed and delivered by FLTI
and  Fullcomm  and constitutes a legal, valid and binding obligation of FLTI and
Fullcomm,  enforceable  against  FLTI and Fullcomm in accordance with its terms;

     (f) The execution and delivery of this Agreement and the performance of the
obligations  imposed  hereunder will not conflict with, or result in a breach by
FLTI  or Fullcomm of, any of the terms or provisions of, or constitute a default
under  the  certificate  of  incorporation or bylaws of FLTI or Fullcomm, or any
material  agreement  or  instrument  to which FLTI or Fullcomm is a party, or by
which  they  or  any  of  their  properties  or assets are bound, or result in a
violation  of any order, decree, or judgment of any court or governmental agency
having jurisdiction over FLTI or Fullcomm or FLTI or Fullcomm's properties, will
not  conflict  with, constitute a default under, or result in the breach of, any
contract, agreement, or other instrument to which FLTI or Fullcomm is a party or
is  otherwise  bound  and  no  consent,  authorization or order of, or filing or
registration  with, any court, governmental, or regulatory authority is required
in  connection with the execution and delivery of this Agreement and any related


                                    PAGE 22
<PAGE>
agreements  or  the  performance  by  FLTI  or  Fullcomm  of  their  obligations
hereunder;

     (g)  There is no litigation or proceeding pending or, to the best knowledge
of  FLTI  and  Fullcomm,  threatened,  against  Fullcomm  or  the  properties of
Fullcomm,  which  would  have  any effect on the validity or performance of this
Agreement;

     (h)  Fullcomm  has filed with the appropriate governmental agencies all tax
returns  and  tax  reports  required  to  be filed; all Federal, state and local
income,  franchise,  sales,  use,  occupation or other taxes due have been fully
paid  or  adequately  reserved for; and Fullcomm is not a party to any action or
proceeding  by any governmental authority for assessment or collection of taxes,
nor  has  any  claim  for  assessments  been  asserted  against  Fullcomm;

     (i)  There  are presently no contingent liabilities, factual circumstances,
threatened  or  pending  litigations,  contractually  assumed  obligations  or
unasserted  possible  claims  which  are  known to FLTI or Fullcomm, which might
result  in  a  material  adverse  change  in  the  future financial condition or
operations  of  Fullcomm;

     (j)  No  transactions  have  been  entered  into  either by or on behalf of
Fullcomm,  other  than in the ordinary course of business nor have any acts been
performed  (including within the definition of the term performed the failure to
perform  any  required  acts)  which  would  adversely  affect  the good will of
Fullcomm,  nor  will any such transactions be entered into prior to the Closing;
and

     (k)  FLTI  owns  the  Fullcomm  Shares free and clear of all liens, claims,
charges,  preemptive  rights,  and  any other encumbrances and shall deliver the
Fullcomm  Shares  to  the  Shareholders  at Closing free and clear of all liens,
claims,  charges,  preemptive  rights,  and  any  other  encumbrances.

                                    ARTICLE 5
                         REPRESENTATIONS, WARRANTIES AND
                          COVENANTS OF THE SHAREHOLDERS
                          -----------------------------

     The  Shareholders  hereby  represent  and  warrant  to  FLTI  as  follows:

     (a) The Shareholders have all necessary authority to enter into and perform
this  Agreement  and  to  consummate  the  transactions  contemplated  hereby;

     (b)  This Agreement has been duly authorized, executed and delivered by the
Shareholders  and  constitutes  a  legal,  valid  and  binding obligation of the
Shareholders, enforceable against the Shareholders in accordance with its terms;
and

     (c) The execution and delivery of this Agreement and the performance of the
obligations  imposed  hereunder will not conflict with, or result in a breach by
the  Shareholders of, any of the terms or provisions of, or constitute a default
under  any  material  agreement  or  instrument  to which the Shareholders are a
party,  or  by which any of their properties or assets are bound, or result in a
violation  of any order, decree, or judgment of any court or governmental agency
having  jurisdiction  over the Shareholders or their respective properties, will
not  conflict  with, constitute a default under, or result in the breach of, any


                                    PAGE 23
<PAGE>
contract,  agreement,  or other instrument to which the Shareholders are a party
or  are  otherwise bound and no consent, authorization or order of, or filing or
registration  with, any court, governmental, or regulatory authority is required
in  connection with the execution and delivery of this Agreement and any related
agreements  or  the  performance  by  the  Shareholders  of  their  obligations
hereunder.

                                    ARTICLE 6
                                     NOTICE
                                     ------

     All  notices,  demands  or other communications given hereunder shall be in
writing and shall be deemed to have been duly given when received if sent by fax
or  overnight  courier,  and if mailed shall be deemed to have been given on the
first  business day after mailing by United States registered or certified mail,
return  receipt  requested,  postage  prepaid,  addressed  as  follows:

     To  FLTI:            Fullcomm  Technologies,  Inc.
                          1640  Terrace  Way
                          Walnut  Creek,  CA  94596
                          Telephone:  (925)  930-0100
                          Facsimile:   (925)  930-6338

     with  a  copy  to:   Kaplan  Gottbetter  &  Levenson,  LLP
                          630  Third  Avenue
                          New  York,  NY  10017
                          Telephone:  (212)  983-6900
                          Facsimile:   (212)  983-9210

To  The  Shareholders:    c/o  Brendan  Elliot
                          6  Hawk  Road
                          Lawrenceville,  NJ  08648
                          Telephone:  (609)  919-0975
                          Facsimile:  (609)  919-0975

                                    ARTICLE 7
                                  MISCELLANEOUS
                                  -------------

     (a)  Each  of  FLTI,  Fullcomm  and  the  Shareholders  agrees to take such
actions  as  are reasonably necessary to carry out the intentions of the parties
under  this  Agreement,  including  but  not limited to the prompt execution and
delivery  of  any  documents  reasonably  necessary to carry out and perform the
terms  or  intention  of  this  Agreement.

     (b)  All  costs and expenses incurred in connection with this Agreement and
the  transactions  contemplated hereby shall be paid by the party incurring such
costs  or  expenses,  unless  otherwise  agreed.

     (c)  This  Agreement  shall be governed by and construed in accordance with
the  laws  of  the  State  of  New  York, without regard to conflicts of laws of
principles  and  each  party  hereby  agrees  that  all  performances  due  and


                                    PAGE 24
<PAGE>
transactions  undertaken pursuant to this Agreement shall be deemed to be due or
have occurred in New York, and the exclusive venue and place of jurisdiction for
any  litigation  arising from or related to this Agreement shall be the state or
federal  courts  located  in  the  State  and  County  of  New  York.

     (d)  The  headings  used in this Agreement are for convenience only, do not
form  a  part  of this Agreement, and shall not affect in any way the meaning or
interpretation  of  this  Agreement.

     (e)  This  Agreement may be executed in one or more counterparts which when
taken  together  shall  constitute  one  agreement.

     (f)  This Agreement is intended for  the benefit of the parties  hereto and
is  not for the benefit of, nor  may any provisions  hereof  be  enforced by any
other person,  firm  or  entity.

     (g)  This  Agreement  may  be amended, modified and supplemented in writing
only  by  the  mutual  consent  of  the  parties  hereto.

     (h)  This  Agreement and all of the provisions hereof shall be binding upon
and  inure  to the benefit of the parties hereto and their respective successors
and  permitted  assigns,  but  neither  this  Agreement  nor  any of the rights,
interests  or  obligations  hereunder  shall  be  assigned by any of the parties
hereto  without the prior written consent of the other parties, and any attempts
to  do  so  without  the  consent  of  the other parties shall be void and of no
effect.

     (i)  In  the  event  any  party  breaches  the terms of this Agreement, the
non-breaching parties shall be entitled to the recovery of their attorney's fees
and  other  professional  costs  and  fees  incurred  in  enforcing their rights
hereunder.

     (j)  This  writing  constitutes  the  entire  agreement  and  understanding
     between  the  parties  hereto  with respect to the subject matter contained
     herein.  Neither  party  is  relying on any representation or statement not
     contained  in this writing. This Agreement supercedes and cancels any prior
     agreements  relating  to  the  subject  matter  contained  herein.


                                    PAGE 25
<PAGE>
     IN  WITNESS  WHEREOF,  the  parties hereto have executed and delivered this
Agreement  as  of  the  date  first  written  above.


FULLCOMM  TECHNOLOGIES,  INC.

By:  /s/David  Rector
     ----------------
     Name:   David  Rector
     Title:  President


FULLCOMM,  INC.

By:  /s/Brendan  Elliot
     ------------------
     Name:   Brendan  Elliot
     Title:  President


THE  SHAREHOLDERS:


/s/Brendan  Elliot
------------------
Brendan  Elliot


/s/Wayne  Lee
-------------
Wayne  Lee


                                    PAGE 26
<PAGE>
                                   SCHEDULE A
                                   ----------

                              LIST OF SHAREHOLDERS

<TABLE>
<CAPTION>

                      NUMBER OF FLTI
      NAME            SHARES OWNED
     --------------   --------------
<S>             <C>
     Brendan Elliot     1,800,000

     Wayne Lee          1,125,000
     --------------   --------------
</TABLE>



                                    PAGE 27
<PAGE>
                                   SCHEDULE B
                                   ----------

                                LICENSE AGREEMENT

                                     BETWEEN

                           FULLCOMM TECHNOLOGIES INC.
                                       AND

                                 FULLCOMM, INC.


                     (See Exhibit 10.2 to this Form 10-QSB)


                                    PAGE 28
<PAGE>
                                  SCHEDULE 4(C)
                                  -------------

                  LIST OF FULLCOMM, INC. LIABILITIES AT CLOSING

     Intrinsix  Corp.  -  $72,000(1)







___________________________
(1)  Estimated


                                    PAGE 29
<PAGE>
                                                                          ------
                                                                    EXHIBIT 10.2

                                LICENSE AGREEMENT
                                -----------------


     THIS  AGREEMENT  is  made as of the 8th day of October, 2002 by and between
FULLCOMM, INC., a corporation organized and existing under the laws of the State
of  Delaware,  having  a  place  of  business at 6 Hawk Road, Lawrenceville, New
Jersey 08648 (hereinafter referred to as "LICENSOR"), and FULLCOMM TECHNOLOGIES,
INC.,  a  corporation  organized  and  existing  under  the laws of the State of
Delaware,  having  a  place  of  business  at  1640  Terrace  Way, Walnut Creek,
California  94596  (hereinafter  referred  to  as  "LICENSEE").

                              W I T N E S S E T H:
                              - - - - - - - - - -

     WHEREAS, LICENSOR is the owner of and has the right to grant a license with
respect  to  certain  TECHNOLOGY  (as  hereinafter  defined);  and

     WHEREAS,  LICENSOR  is willing to grant to LICENSEE a non-exclusive license
to  use,  modify,  sell,  distribute  and promote the TECHNOLOGY pursuant to the
terms  and  conditions  set  forth  herein;

     NOW,  THEREFORE,  in consideration of the mutual promises and covenants set
forth  herein,  the  parties  hereby  agree  as  follows:

     1.    DEFINITIONS
           -----------

          (a)     "TECHNOLOGY"  shall  mean  source  codes  for  key  pieces  of
encryption/security  hardware,  namely:  (i) DES/3DES core, which is a symmetric
encryption  and  decryption  algorithm  with  applications involving secure data
communication, secure real time video/voice communication, financial/business to
business  transactions,  and  secure  data  storage; (ii) SHA-1 core, which is a
hashing  algorithm  with  applications involving message digests, data integrity
checking,  and  digital signatures; and (iii) Modular Exponentiation core, which
is  a process used in algorithms such as RSA and DSA with applications involving

                                    PAGE 30
<PAGE>
public  key  encryption,  digital  signatures,  and  key  agreement.

          (b)     "TERRITORY"  shall  mean  worldwide.

     2.    GRANT  OF  LICENSE
           ------------------

          (a)     During  the  term  of  this  Agreement,  and  subject  to  the
provisions herein, LICENSOR hereby grants to LICENSEE a non-exclusive License to
use,  modify,  sell,  distribute  and  promote  the TECHNOLOGY in the TERRITORY.

          (b)     This  Agreement  is  personal to the LICENSEE and shall not be
assigned  by  LICENSEE.  LICENSEE  shall have no right to grant any sublicenses.

     3.    OWNERSHIP  AND  CONFIDENTIALITY  OF  TECHNOLOGY
           -----------------------------------------------

          (a)     All  of  the  TECHNOLOGY  which LICENSOR discloses to LICENSEE
shall be and remain the property of LICENSOR.  All improvements and developments
thereof  made  by  LICENSEE  shall  be  the  property  of  LICENSOR.

          (b)     LICENSEE'S  only  right  in  the TECHNOLOGY shall be to use it
pursuant  to  the  terms  of  this  Agreement.  LICENSEE  shall  keep all of the
TECHNOLOGY  confidential and secret, and shall not reveal all or any part of the
TECHNOLOGY  to  any  person  other  than the officers, directors or employees of
LICENSEE  who  need  to  know  the  particular  TECHNOLOGY.

          (c)     LICENSEE,  at  any time both during and after the term of this
Agreement,  shall  execute  all necessary documents to effect the intent of this
Section  3.  This  Paragraph 3(d) shall specifically survive termination of this
Agreement.  However,  the  obligations  under  this Paragraph shall not apply to
such  TECHNOLOGY  which  is  now  or  may  hereafter come into the public domain
without  fault  on the part of LICENSEE or its employees, directors or officers.

          (d)     LICENSEE,  upon  termination  of  this License, shall promptly
give  to  LICENSOR, all material pertaining to the TECHNOLOGY, including copies,
translations and any media in which the TECHNOLOGY is contained, and shall cease
all  use  and  sale  of  the  TECHNOLOGY.


                                    PAGE 31
<PAGE>
          (e)     LICENSEE  acknowledges that LICENSOR has not given or made any
representation  or  warranties,  express  or  implied,  with  respect  to  the
TECHNOLOGY.

     4.    LICENSING  FEE;  ROYALTY
           ------------------------

          (a)     In  consideration of the rights granted to LICENSEE hereunder,
LICENSEE  shall  pay to LICENSOR a licensing fee of $1.00 per year, payable each
year  on  the  anniversary  of  the  date  of  this  Agreement.

          (b)     In  further  consideration  of  the rights granted to LICENSEE
hereunder,  LICENSEE  shall  pay  to  LICENSOR  a royalty equal to 5% of all net
revenues  realized  by  LICENSEE  pursuant  to  and directly attributable to the
License  granted  hereunder.

     5.    TERM  AND  TERMINATION
           ----------------------

          (a)     This  Agreement  and  the  License  granted  hereunder  shall
commence  on the date set forth above and shall remain in effect for a period of
ten  (10)  years,  unless  sooner  terminated,  as provided herein.  If LICENSOR
decides  to  renew  the  Agreement, LICENSOR shall notify LICENSEE in writing at
least  thirty  (30)  days  in  advance  of the termination date of its desire to
renew.  If  LICENSEE  does  not  desire  to renew the Agreement, it shall notify
LICENSOR  in  writing  within  thirty  (30)  days  after  receiving  notice from
LICENSOR,  otherwise  the  Agreement  shall  automatically  be  renewed.  If the
Agreement  is  renewed,  it  shall  be  renewed  on  similar  terms.

          (b)     LICENSOR may, at its option, terminate this Agreement if there
shall  occur  a  breach  by  LICENSEE  of any of the terms and conditions of the
Agreement,  including  but not limited to the following situations, and LICENSEE
does  not take reasonable steps to cure the breach within thirty (30) days after
receiving  written  notice  thereof:

               (i)  LICENSEE  takes  any  action  that  could publicly damage or
                    reflect  adversely on LICENSOR (e.g., an officer or employee
                    of  LICENSEE  is  arrested  for  criminal  activity);  or

                                    PAGE 32
<PAGE>

               (ii) LICENSEE  fails  to  make  payment  of  licensing  fees  or
                    royalties  when  due.

          If  LICENSEE  takes  reasonable  steps  to cure such defect within the
thirty  (30)  day  cure  period  and diligently pursues such cure, the Agreement
shall  remain  in  full  force  and  effect.

          (c)     LICENSEE may, at its option, terminate this Agreement if there
shall  occur  a  breach  by  LICENSOR of any of the terms and conditions of this
Agreement, and LICENSOR does not take reasonable steps to cure the breach within
thirty  (30)  days  after  receiving  written notice thereof.  If LICENSOR takes
reasonable  steps to cure such defect within the thirty (30) day cure period and
diligently  pursues  such  cure,  the  Agreement  shall remain in full force and
effect.

          (d)     LICENSOR may, at its option, terminate this Agreement upon the
occurrence  of  any  of  the  following  events:

               (i)  upon  information and belief, LICENSEE has become insolvent;

               (ii) the  placement  of  the assets of LICENSEE in the hands of a
                    receiver  or  an  assignment  of  assets of LICENSEE for the
                    benefit  of  creditors;  or

               (iii)the  voluntary  or  involuntary  dissolution  of LICENSEE.
                    Termination  pursuant  to  this paragraph shall be effective
                    upon  sixty  (60) days prior written notice to LICENSEE from
                    LICENSOR.

               (iv) LICENSEE  shall  enter  into  and  complete  an acquisition,
                    merger,  reorganization  or  other  corporate  restructuring
                    resulting  in  a  change  in  voting control of LICENSEE, it
                    being  understood  however,  that  recent  and  future stock
                    issuances to LICENSEE'S current sole officer and director or
                    conversions of LICENSEE'S Series A Preferred Stock issued in


                                    PAGE 33
<PAGE>
                    LICENSEE'S  June 20, 2002 Preferred Stock Purchase Agreement
                    shall not, under any circumstances, constitute such a change
                    in  control.

               (v)  LICENSEE  shall  fail  to  pay minimum royalties of $100,000
                    (the  "Minimum Royalty Amount") for each year this Agreement
                    remains  in  effect,  it  being understood however that such
                    determination  will  be  made  on  each  anniversary of this
                    Agreement  starting  with  October 8, 2003 and that LICENSEE
                    may,  in  the  event the Minimum Royalty Amount has not been
                    paid  for  the applicable year, pay LICENSOR, within fifteen
                    (15)  days  of  the anniversary date, the amount required to
                    reach  the  Minimum  Royalty  Amount for such year. LICENSOR
                    acknowledges and agrees that its sole remedy upon LICENSEE'S
                    failure to pay the Minimum Royalty Amount for any year is to
                    terminate  this  Agreement.

          (e)     The  termination  of  this  Agreement for any reason shall not
release  any  party from any obligation which accrued prior to such termination,
or  which,  by  its  terms,  is  to  continue  beyond  such  termination.

     6.     INFRINGEMENT
            ------------

          (a)     If,  at any time during the term of this Agreement, a claim is
asserted or an action is commenced by a third person in which it is alleged that
the TECHNOLOGY infringes upon the property rights of such third person, then the
party  against  whom  the  claim  is  asserted  or the action is commenced shall
promptly notify the other party hereto.  At such time or any time thereafter, if

                                    PAGE 34
<PAGE>
reasonably  asked  to do so by LICENSOR, LICENSEE shall promptly discontinue use
of  the  TECHNOLOGY.

           In such an infringement situation,  LICENSOR shall  defend, indemnify
and  hold  LICENSEE  harmless  from  and  against  any  and all demands, claims,
actions,  liability,  losses,  damages,  costs or expenses, including reasonable
attorneys'  fees,  resulting  from LICENSEE'S use of the TECHNOLOGY up until the
time  LICENSOR  notified  LICENSEE  to  discontinue  said  activities.

          (b)     If  LICENSEE continues to use the TECHNOLOGY after it has been
notified  by LICENSOR, pursuant to Section 6(a) hereof, to discontinue such use,
such  action  shall  be considered a breach of the Agreement pursuant to Section
6(a)  hereof  and  LICENSOR  shall  no longer be obligated to indemnify and hold
LICENSEE  harmless from that point on.  Thereafter, LICENSEE shall indemnify and
hold  LICENSOR  harmless  from and against any and all demands, claims, actions,
liability,  losses,  damages, costs or expenses, including reasonable attorneys'
fees,  arising  out  of  or  in  connection with LICENSEE'S continued use of the
TECHNOLOGY.  Nevertheless,  LICENSOR'S obligation to indemnify and hold LICENSEE
harmless  up  until  the  point  of  notification  shall  remain  in  effect.

          (c)     LICENSOR may handle any claim or defend any action referred to
in  Section  6(a) hereof in its own name, in the name of LICENSEE or in the name
of both.  LICENSEE shall participate in the handling of any such claim or in the
defense  of  any  such  action  at  LICENSOR'S expense, if such participation is
reasonably  requested  by  LICENSOR.  If  LICENSOR  does not handle any claim or
defend  any  action  referred to in Section 6(a) hereof, LICENSEE shall have the
right  to  terminate this Agreement.  However, LICENSEE shall not have the right
to  handle  any  such  claim  or  defend  any  such  action.

     7.     MISCELLANEOUS
            -------------
          (a)     NOTICES


                                    PAGE 35
<PAGE>
          All  notices  and other communications required or permitted hereunder
shall be in writing and

               (i)  when  delivered  by  hand, shall be deemed effective when so
                    delivered;

               (ii) when  sent by certified or registered mail, postage prepaid,
                    shall  be deemed effective five days after having been sent;

               (iii)when  sent  by  telefax, with a copy by regular mail or by
                    Federal  Express,  shall  be  deemed  effective  at the time
                    indicated  on  the  fax  transmission  receipt;  or

               (iv) when  sent  by  prepaid  cable,  telex or telegram, shall be
                    deemed  effective  one  day after having been sent.

          All such notices  and  other  communications  shall  be  addressed as
follows:

               If  to  LICENSOR,  to:     Brendan  Elliott
                                          President
                                          6  Hawk  Road
                                          Lawrenceville,  New  Jersey  08648

               If  to  LICENSEE,  to:     David  Rector
                                          President
                                          1640  Terrace  Way
                                          Walnut  Creek,  California  94596

               With  copies  of  all  correspondence  to:

               Kaplan  Gottbetter  &  Levenson,  LLP
               630  Third  Avenue
               New  York,  New  York  10017
               Attn.:  Adam  S.  Gottbetter,  Esq.

          or to such other address as each party shall notify the other.

          (b)     WAIVER,  MODIFICATIONS  AND  AMENDMENTS
                  ---------------------------------------

               The  failure  of  either  party to enforce at any time any of the
provisions  of  this  Agreement or any rights in respect thereto, or to exercise
any  election  herein  provided,  shall in no way be considered a waiver of such
provisions,  rights  or  election.


                                    PAGE 36
<PAGE>
               This Agreement may not be modified or amended except by a writing
signed  by  both  parties  hereto.

          (c)     NONENFORCEABILITY
                  -----------------

               If  any  provision of this Agreement should be proven unlawful or
nonenforceable,  such  will  not  affect  the  validity or enforceability of the
remaining  provisions.

          (d)     GOVERNING  LAW
                  --------------

               The  construction,  validity  and  performance  of this Agreement
shall  be  governed  in  all  respects  by  the laws of the State of New York in
connection  with  any  dispute or controversy arising out of or relating to this
Agreement,  and  both  parties  consent to the jurisdiction of the United States
District Court for the Southern District of New York or the appropriate New York
State  court.

          (e)     ENTIRE  AGREEMENT
                  -----------------

               This  Agreement  constitutes  the  entire  agreement  between the
parties  relating  to the subject matter hereof and supersedes any and all prior
agreements,  whether written or oral, with respect to the subject matter hereof.

          IN  WITNESS  WHEREOF, the parties hereto have caused this Agreement to
be  executed  and  delivered  by  their respective officers as of the date first
above  written.


FULLCOMM,  INC.                            FULLCOMM  TECHNOLOGIES,  INC.

By:  /s/Brendan  Elliot                    By:  /s/David  Rector
     ------------------                         ----------------
     Brendan  Elliott,  President               David Rector, President


                                    PAGE 37
<PAGE>
                                                                    EXHIBIT 99.1


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


     In  connection  with the Quarterly Report of Amalgamated Technologies, Inc.
(the  "Company")  on  Form  10-QSB  for the quarter ended September  30, 2002 as
filed  with  the  Securities  and  Exchange  Commission  on the date hereof (the
"Report"),  I,  David  Rector,  Chief  Executive  and  Financial  Officer of the
Company,  certify,  pursuant  to  18 U.S.C. Section 1350, as adopted pursuant to
Section  906  of  the  Sarbanes-Oxley  Act  of  2002,  that;

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

     (2)  The  information  contained  in  the  Report  fairly  presents, in all
          material  respects,  the financial condition and results of operations
          of  the  Company.



/s/David  Rector
----------------
Name:   David  Rector
Title:  Chief  Executive  and  Financial  Officer
Date:   November  18,  2002



                                    PAGE 38
<PAGE>