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

                                FORM 10-KSB

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

                For the fiscal year ended December 31, 2001

                                    OR

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

                     Commission file number 333-52721

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






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

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


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

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

Check whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 12 months
(or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the
past 90 days.  Yes    X       No

Check if no disclosure of delinquent filers in response to Item  405 of
Regulation  S-B  is  contained in this form, and no disclosure  will be
contained, to the best of the issuer's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this
Form 10-KSB or any amendment to this Form 10-KSB. [X]

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

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

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

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


<PAGE>


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

                             Table of Contents

PART I

Item 1  Description of Business                         3

Item 2  Description of Property                         5

Item 3  Legal Proceedings                               5

Item 4  Submission of Matters to a Vote of
        Security Holders                                5

PART II

Item 5  Market for Common Equity and
        Related Stockholder Matters                     5

Item 6  Management's Plan of Operations                 7

Item 7  Financial Statements                            8

Item 8  Changes In and Disagreements With Accountants
        on Accounting and Financial Disclosure         23

PART III

Item 9  Directors, Executive Officers, Promoters
        and Control Persons                            23

Item 10 Executive Compensation                         23

Item 11 Security Ownership of Certain Beneficial
        Owners and Management                          23

Item 12 Certain Relationships and Related Transactions 23

Item 13 Exhibits and Reports on Form 8-K               23

        Signature page                                 25





<PAGE>



PART I

Item 1 Description of Business.

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

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

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

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

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

3
<PAGE>


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

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

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

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

4
<PAGE>


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

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

     The total number of employees working for the Company is 5,
of which 2 are full time employees.


Item 2 Description of Property.

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

Item 3 Legal Proceedings.

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

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

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

PART II

Item 5 Market for Common Equity and Related Stockholder Matters.

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

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

5
<PAGE>


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

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

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

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

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

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

6
<PAGE>

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

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

Item 6 Management's Plan of Operations.

Overview of Operating Results:

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

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

Liquidity & Capital Resources:

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

7
<PAGE>


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

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

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


8
<PAGE>





Item 7 Financial Statements







9
<PAGE>










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

                           FINANCIAL STATEMENTS

                             DECEMBER 31, 2001




















                                     10
<PAGE>



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




                                 CONTENTS

                                                          PAGE

        -  Independent Auditors' Report                     12


        -  Balance Sheet, December 31, 2001                 13


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


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


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


        -  Notes to Financial Statements               18 - 25







                                     11
<PAGE>


                       INDEPENDENT AUDITORS' REPORT



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

We  have  audited  the  accompanying balance sheet of  Micro  Interconnect
Technology, Inc. [a development stage company] at December 31,  2001,  and
the  related statements of operations, stockholders' equity (deficit)  and
cash  flows  for  the  years ended December 31, 2001  and  2000  and  from
inception on February 11, 1998 through December 31, 2001.  These financial
statements  are  the  responsibility of  the  Company's  management.   Our
responsibility  is  to  express an opinion on these  financial  statements
based on our audit.

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

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

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


PRITCHETT, SILER & HARDY, P.C.

February 28, 2002
Salt Lake City, Utah
                                     12
<PAGE>

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

                               BALANCE SHEET


                                  ASSETS

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

PROPERTY AND EQUIPMENT, net                                 3,287

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


              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
  Accounts payable                                     $    8,956
  Accounts payable - related party                            127
  Other accrued liabilities                                37,911
                                                      ___________
        Total Current Liabilities                          46,994

NOTE PAYABLE                                               25,000

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

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

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

                                -13-
<PAGE>

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

                         STATEMENTS OF OPERATIONS


                                        For the      From Inception
                                      Years Ended   on February 11,
                                      December 31,   1998, Through
                               _______________________December 31,
                                    2001       2000       2001
                                ___________  _________  _________

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

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

CURRENT TAX EXPENSE                       -          -          -

DEFERRED TAX EXPENSE                      -          -          -
                                ___________  _________  _________

NET LOSS                         $(209,119)  $(279,375) $(597,678)
                                ___________  _________  _________

LOSS PER COMMON SHARE            $  (.17)     $ (.23)    $(.52)
                                ___________  _________  _________






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

                                    -14-
<PAGE>

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

                STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

              FROM THE DATE OF INCEPTION ON FEBRUARY 11, 1998

                         THROUGH DECEMBER 31, 2001

                                                                     Deficit
                                                          Capital  Accumulated
                    Preferred Stock     Common Stock         in      During
                    _______________  ___________________   Excess     the
                                                            of     Development
                     Shares  Amount    Shares    Amount  Par Value    Stage
                    _______  ______  _________  ________  ________  __________
BALANCE,
 February 11, 1998        -   $  -           -    $    -   $     -     $    -

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

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

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

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

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

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

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

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









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

                                  -15-
<PAGE>

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

                         STATEMENTS OF CASH FLOWS


                                                For the        From Inception
                                              Years Ended      on February 11,
                                              December 31,      1998, Through
                                         ______________________ December 31,
                                            2001        2000        2001
                                         __________  __________  __________
Cash Flows from Operating Activities:
 Net loss                                $ (209,119) $ (279,375) $ (597,678)
 Adjustments to reconcile net loss to net
   cash used by operating activities:
   Amortization expense                           -           -         486
   Depreciation expense                       1,162       1,106       2,870
   Non-cash services paid by issuance of
     warrants                                     -         227         227
   Changes in assets and liabilities:
     Decrease in accounts receivable              -         510           -
     (Increase) decrease in accrued
       interest receivable                      672         (16)        (19)
     (Increase) in prepaid expenses            (885)          -        (885)
     (Increase) in refundable deposits            -           -        (800)
     Increase (decrease) in accounts
       payable                                3,547      (1,643)      8,956
     Increase in accounts payable -
       related party                             54           3         127
     Increase in other accrued
       liabilities                           27,381       8,286      37,911
                                         __________  __________  __________
     Net Cash (Used) by Operating
       Activities                          (177,188)   (270,902)   (548,805)
                                         __________  __________  __________

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

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

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

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

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

Supplemental Disclosures of Cash Flow Information:

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

                                [Continued]

                                     -16-
<PAGE>

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

                         STATEMENTS OF CASH FLOWS

                                [CONTINUED]


Supplemental Schedule of Noncash Investing and Financing Activities:

 For the year ended December 31, 2001:
   None.

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









































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

                                  -17-
<PAGE>

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

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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

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

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

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

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

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

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

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

                                   -18-
<PAGE>

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

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

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

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

  Accounting  Estimates  -  The  preparation  of  financial  statements   in
  conformity   with   generally  accepted  accounting  principles   requires
  management  to  make  estimates and assumptions that affect  the  reported
  amounts  of  assets and liabilities, the disclosures of contingent  assets
  and  liabilities at the date of the financial statements, and the reported
  amount  of  revenues  and  expenses during the  reported  period.   Actual
  results could differ from those estimated.

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

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

NOTE 2 - PROPERTY AND EQUIPMENT

  Property and Equipment consisted of the following at:

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

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

                                  -19-
<PAGE>


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

                       NOTES TO FINANCIAL STATEMENTS

NOTE 3 - OTHER ACCRUED LIABILITIES

  Other accrued liabilities consists of the following at:

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

NOTE 4 - CONTINGENCIES

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

NOTE 5 - CAPITAL STOCK, OPTIONS AND WARRANTS

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

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

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

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

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

                                   -20-
<PAGE>

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

                       NOTES TO FINANCIAL STATEMENTS

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

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

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

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

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

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

                                   -21-

<PAGE>

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

                       NOTES TO FINANCIAL STATEMENTS

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

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

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

NOTE 6 - RESEARCH AND DEVELOPMENT

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

NOTE 7 - RELATED PARTY TRANSACTIONS

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

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

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

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

                                  -22-
<PAGE>

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

                       NOTES TO FINANCIAL STATEMENTS

NOTE 7 - RELATED PARTY TRANSACTIONS [Continued]

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

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

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

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

NOTE 8 - CONCENTRATIONS

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

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

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

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

                                  -13-
<PAGE>

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

                       NOTES TO FINANCIAL STATEMENTS

NOTE 9 - INCOME TAXES

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

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

NOTE 10 - GOING CONCERN

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

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

NOTE 11 - FINANCING AGREEMENT

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

                                   -24-
<PAGE>


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

                       NOTES TO FINANCIAL STATEMENTS

NOTE 12 - LOSS PER SHARE

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

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

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

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

NOTE 13 - RESTATEMENT

  The Company previously issued December 31, 2000 financial statements which
  have  been restated to reflect that the Company issued 45,250 warrants  to
  purchase  common stock at $2.50 per share rather than 35,000  warrants  as
  previously reported.  The Company issued the warrants for cash of $225 and
  services  rendered  valued  at  $227.   The  following  schedule  provides
  disclosure of the effects of the restatement.

                           December 31, 2000
                             as previously    December 31, 2000
                               reported          as corrected      Change
                           _________________  _________________  __________

  Net loss                 $        (279,148) $        (279,375) $     (227)
                           _________________  _________________  __________

  Loss per common share    $            (.23) $            (.23) $     (.00)
                           _________________  _________________  __________

NOTE 14 - SUBSEQUENT EVENTS

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

                                       -25-
<PAGE>

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

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

PART III

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

     The information required in this item is incorporated by reference
to the Section of the Proxy Statement for the Year 2001 Annual Meeting
of Shareholders entitled "Nominees," "Key Employees" and "Section 16(a)
Beneficial Ownership Reporting Compliance."

Item 10 Executive Compensation.

     The information required in this item is incorporated by reference to
the Section of the Proxy Statement for the Year 2001 Annual Meeting of
Shareholders entitled "Executive Compensation."

Item 11 Security Ownership of Certain Beneficial Owners and Management.

     The information required in this item is incorporated by reference to
the Section of the Proxy Statement for the Year 2001 Annual Meeting of
Shareholders entitled "Security Ownership of Certain Beneficial Owners and
Management."

Item 12 Certain Relationships and Related Transactions.

     The information required in this item is incorporated by reference to
the Section of the Proxy Statement for the Year 2001 Annual Meeting of
Shareholders entitled "Certain Relationships and Related transactions."

Item 13 Exhibits and Reports on Form 8-K.

     The following exhibits are incorporated by reference or filed
herewith, and this list is intended to constitute the exhibit index:

Exhibit No.

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

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

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

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


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

10.4    Employment Agreement with N. Edward Berg Dated June 1, 1999.
        Incorporated by reference to Form 10-KSB dated December 31, 1999.


     No reports on Form 8-K were filed during the quarter ended December
31, 2001.

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SIGNATURES

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

Date: April 15, 2002

MICRO INTERCONNECT TECHNOLOGY, INC.


By: /S/ N. EDWARD BERG, PRESIDENT
N. Edward Berg, President


Signature                          Title



/S/ N. EDWARD BERG                 President (Principal Executive Officer)
N. Edward Berg                     and Chairman of the Board





/S/ ROGER SHARP                    Secretary/Treasurer (Principal Financial
Roger Sharp                        and Accounting Officer)





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





/S/WOODIE FLOWERS                  Director
Woodie Flowers





/S/PETER ROTH                      Director
Peter Roth








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