UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-QSB - ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

[X]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934For the year ended March 31, 2002

[  ] 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 0-22349

INTELLIREADY, INC.
Exact Name of Registrant as specified in its Charter)

   Colorado	84-1502078
State or other Jurisdiction of I.R.S. 	Employer Incorporation or
Organization Identification
No.

8400 East Prentiss Ave., Suite 1500   Greenwood Village, Colorado  80011
(Address of Principal Executive Offices)  (Zip Code)

(720) 201-7234
 (Registrant's Telephone Number, including Area Code)

Indicate by check mark whether the  Registrant (i) 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 (or for such  shorter  period that the
registrant  was  required to file such  reports)  and (ii) has been subject to
such filing requirements for the past 90 days.[ ]Yes [x]No


	Common Stock, no par value	10,683,936
------------------------------                   ---------------------------
	Title of Class 	Number of Shares outstanding
		at June 10, 2002

Transitional Small Business Disclosure Format:

Yes       No  X


References in this document to "us," "we," "our" or "the Company" refer to
IntelliReady, Inc. and our predecessor company, PanWestern Energy Corp., Inc.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

In the interest of providing the Company's shareholders with certain
information regarding the Company, including management's assessment of the
Company's future plans and operations, certain statements set forth in this
Form 10QSB contain or are based on the Company's projections or estimates of
revenue, income, earnings per share and other financial items or relate to
management's future plans and objectives or to the Company's future economic
and financial performance. All such statements, other than statements of
historical fact, contained in this Form 10QSB in "Item 2: Management's
Discussion and Analysis of Financial Condition and Results of Operations"
generally are accompanied by words such as "anticipate," "believe," "intend,"
"estimate," "project" or "expect" or similar statements. Such statements are
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, and are made pursuant to and in reliance on the safe
harbor provisions of such sections.

Although any forward-looking statements contained in this Form 10QSB or
otherwise expressed by or on behalf of the Company are, to the knowledge and
in the judgment of the officers and directors of the Company, reasonable and
expected to prove true, management is not able to predict the future with
certainty and no assurance can be given that such statements will prove
correct. Forward-looking statements involve known and unknown risks and
uncertainties which may cause the Company's actual performance and financial
results in future periods to differ materially from any projection, estimate
or forecasted result. These risks and uncertainties include, among other
things: general economic and business conditions; industry conditions and
trends; volatility of prices; product supply and demand; market competition;
risks inherent in the Company's operations; imprecision of reserve estimates;
the Company's ability to replace and expand its business; the Company's
ability to generate sufficient cash flow from operations to meet its current
and future obligations; the Company's ability to access and terms of external
sources of debt and equity capital; such other risks and uncertainties
described from time to time in the Company's periodic reports and filings with
the Securities and Exchange Commission. These and other risks are described
elsewhere in this Form 10QSB and will be described from time to time in the
Company's future filings with the Securities and Exchange Commission.
Accordingly, shareholders and potential investors are cautioned that certain
events or circumstances could cause actual results to differ materially from
those projected, estimated or predicted. In addition, forward-looking
statements are based on management's knowledge and judgment as of the date of
this Form 10QSB, and the Company does not intend to update any forward-looking
statements to reflect events occurring or circumstances existing hereafter.

Part 1. Financial Information

Item 1. Financial Statements

<Table> <Caption>
INTELLIREADY, INC.
CONSOLIDATED BALANCE SHEETS MARCH 31, 2002 and DECEMBER 31, 2001

	March 30,
	2002	December 31,
	(Unaudited)	2001
	-------------	-------------
<S>	<C>	<C>
ASSETS

CURRENT ASSETS:
Cash       	$         350	$         350

IDLE EQUIPMENT, net	49,764	130,804
	-------------	-------------
Total Assets	50,455	131,159
	=============	=============
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
Accrued interest, related party	$      55,689	$      55,689
Accounts payable and accrued expenses	596,759	618,648
Equipment notes obligations, in default	--	111,231
	-------------	-------------
Total Current Liabilities	652,488	785,566

LONG-TERM DEBT	16,157	16,157
LONG-TERM DEBT, related party	1,799,388	1,788,878
	-------------	-------------
Total Liabilities	2,467,993	2,580,701
	-------------	-------------
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY (DEFICIT):
Preferred stock, no par value, 10,000,000
shares authorized - none issued	--	--
Common stock, no par value, 65,000,000
shares authorized - 10,683,936 shares
issued and outstanding	2,139,726	2,139,726
Contributed capital	58,598	58,598
Accumulated (deficit)	(4,615,862)	(4,647,873)
	-------------	-------------
Total Stockholders' Equity (Deficit)	(2,417,638)	(2,449,547)
	-------------	-------------
Liabilities and Stockholders' Equity	50,455	131,154
	=============	=============
</Table>
SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

F-3


INTELLIREADY, INC.
CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED)
<Table> <Caption>
			FOR THE THREE MONTHS
		MARCH 31,	 MARCH 31,
		2002	2001
	------------	-----------
<S>	<C>	<C>
REVENUES:
Net sales	$          --	--
Interest and other	--	--
	------------	-----------
	Total Revenues	--	--

COSTS AND EXPENSES:
General and administrative		99,529
Interest expense	(190)	13,416
	------------	-----------
Total Costs and Expenses	(190)	112,675
	------------	-----------
(LOSS) FROM CONTINUING OPERATIONS	(190)	(112,675)
	------------	-----------
DISCONTINUED OPERATIONS:
Income (Loss) from operations of discontinued
subsidiary (less applicable taxes 0f $-0-)	32,391	(628,001)
	------------	-----------
TOTAL INCOME (LOSS) FROM DISCONTINUED
OPERATIONS	32,391	$(740,676)
	------------	-----------
NET INCOME (LOSS)	$32,011	$ $(740,676)
	============	============

NET (LOSS) PER SHARE - BASIC AND DILUTED
Continuing operations	$--      	$(0.01)
Discontinued operations:
Loss from discontinued operations	--	(0.06)
	------------	-----------
	$--      	(0.07)
	============	============

WEIGHTED COMMON SHARES
OUTSTANDING - BASIC AND DILUTED	10,683,936	  10,488,916
	============	============
</Table>
SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

F-4



INTELLIREADY, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
<Table> <Caption>
			FOR THE THREE MONTHS
		MARCH 31,	 MARCH 31,
		2002	2001
	------------	-----------
<S>	<C>	<C>
CASH FLOWS FROM (TO) OPERATING ACTIVITIES:
Net income (loss)	$32,011	$(740,676)
Adjustments to reconcile net (loss) to
 net cash from operating activities:
Depreciation and amortization	--	10,214
(Gain) loss on disposition of equipment	(31,349)	--
Changes in assets and liabilities:
Accounts receivable	--	(139,880)
Other assets	--	(4,620)
Inventory	--	(116,555)
Accounts payable and accrued expenses	(21,889)	43,436
Deferred rent	--	6,653
	------------	------------
Net Cash (Used) by Operating Activities	(21,227)	(778,375)
	------------	------------

CASH FLOWS FROM (TO) INVESTING ACTIVITIES:
Sale of equipment	112,389	--
Purchase of equipment	--	(22,101)
	------------	 ------------
Net Cash Provided (Used) by Investing Activities	112,389	(22,101)
	------------	------------
CASH FLOWS FROM (TO) FINANCING ACTIVITIES:
Payment of notes payable and long-term debt	--	(917)
Payment of long-term debt, Time Direct, LLC	--	(60,000)
Payment of loans payable vehicles	(111,231)	--
Proceeds from related party debt	20,410	--
Proceeds form bank debt	--	801,376
	------------	------------
Net Cash Provided by Financing Activities	(90,821)	740,459
	------------	------------
INCREASE (DECREASE) IN CASH	341	(60,017)

CASH, beginning of period	350	66,039
	------------	------------
CASH, end of period	$691	$6,022
	============	============
</Table>


SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

F-6




INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1 - BASIS OF PRESENTATION

The accompanying financial statements have been prepared in accordance with
generally accepted accounting principles for interim financial information and
in accordance with the instructions for Form 10-QSB. Accordingly, they do not
include all of the information and footnotes required by generally accepted
accounting principles for complete financial statements.

The information furnished herein reflects all material adjustments, consisting
only of normal recurring adjustments, which are, in the opinion of management,
necessary for a fair presentation of the financial statements for the period
presented. Interim results are not necessarily indicative of the results of
operations for the full year.

The financial statements and related footnotes should be read in conjunction
with the financial statements and footnotes thereto included in the Company's
annual report on form 10-KSB filed with the Securities and Exchange Commission
for the year ended December 31, 2001.

NOTE 2 - LONG-TERM DEBT

Long-term debt consisted of the following:

The Company issued a senior secured promissory note on February 14, 2001 to
New West Holdings, LLC ("NWH") a related party, due on demand, in the
principal amount of $315,000 at an annual interest rate of 10%. Additionally,
NWH had agreed to fund the Company's operations under a secured line of credit
("LOC") agreement dated February 14, 2001. The terms of this LOC state that
the amounts drawn under the LOC are payable on demand and carry an interest
rate of 10%, provided that the interest rate may be adjusted in the event the
prime interest rate increases. The terms also state that continued funding is
at the discretion of NWC, subject to the terms of the LOC.

On May 15th 2001, the Company successfully refinanced this indebtedness into a
two-year note with Compass Bank. The Company borrowed $1,650,000 on this note.
Upon refinancing, the accrued interest owed to NWH was forgiven and the
Company realized a gain of $10,017 in the second quarter of 2001.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by New West Holdings and its Chairman. On
October 17, 2001, pursuant to the terms of the bank agreement, NWH paid off
the bank debt of $1,650,000, which the Company now owes to New West Holdings.
This amount was added to the existing NWH LOC.

At December 31, 2001 the Company was in default on the notes payable --
vehicles debt.  The Chairman and largest shareholder had personally guaranteed
the debt, and in February 2002 paid of the debt and took possession of the
assets.

NOTE 3 - BANK NOTE PAYABLE

In May 2000, the Company entered into an $885,000 note payable to a bank
controlled by a relative of the then sole stockholder.  The note bears
interest at 9.8% per annum, which is due monthly and principal is due in May
2001.  The Company had repaid $500,000 as of December 31, 2000.

The Company successfully refinanced this indebtedness into a two-year note
with Compass Bank.  The note was personally quaranteed by New West Holdings
("NWH") and the Company's Chairman. The Company borrowed $1,650,000 on this
note.  Upon refinancing, the accrued interest owed to NWH was forgiven and the
Company realized a gain of $10,017 in the second quarter of 2001.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by New West Holdings and its Chairman.  In
October 2001, pursuant to the terms of the bank agreement, NWH paid off the
bank debt of $1,650,000 which the Company now owes to New West Holdings.  This
amount was added to the existing NWH LOC.  A balance of $16,157 remains on the
note to the bank.

NOTE 4 - NOTE PAYABLE TO CHAIRMAN

In February 2001 The Company issued a senior secured promissory note to New
West Holdings, LLC ("NWH"), an entity controlled by the Company's Chairman,
due on demand, in the principal amount of $315,000.  Additionally, NWH had
agreed to fund the Company's operations under a secured line of credit ("LOC")
agreement dated February 14, 2001.  The terms of this LOC state that the
amounts drawn under the LOC are payable on demand and carry an interest rate
of 10%, provided that the interest rate may be adjusted in the event the prime
interest rate increases.  The terms also state that continued funding is at
the discretion of NWC, subject to the terms of the LOC. NWH had agreed to fund
the Company's operations during 2001 pursuant to the terms agreed upon in the
LOC.  The balance of the bank debt, the note and the LOC have been refinanced
into an inclusive note payable due in October 2003 with an annual interest
rate of 10%.

On May 15th 2001, the Company successfully refinanced this indebtedness into a
two-year note with Compass Bank.  The Company borrowed $1,650,000 on this
note.  Upon refinancing, the accrued interest owed to NWH was forgiven and the
Company realized a gain of $10,017 in the second quarter of 2001.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by NewWest Holdings and its Chairman.  In
October 2001, pursuant to the terms of the bank agreement, NWH paid off the
bank debt of $1,650,000, which the Company now owes to NewWest Holdings.  This
amount was added to the existing NWH LOC.

NOTE 5 - DISCONTINUED OPERATIONS

The Company had been a provider of wiring and technology for entertainment,
communications, and data networks to residential and commercial customers
("Home Automation Business").  While the Company experienced strong revenue
growth in the first half of 2001, it did not generate adequate gross profit
margins.  Beginning in the 3rd quarter 2001, the revenue pipeline shrank
significantly.  The Company's plan included the acquisition of home automation
and related companies.  However, the Company could not acquire companies at
reasonable purchase prices.  In October 2001 management determined that the
significant losses would continue and the Company exited the Home Automation
Business, and closed its operating subsidiary IntelliReady of Colorado, Inc.
The Company has attempted to liquidate its assets and is negotiating with its
creditors to settle the amounts owed.

The Company has a working capital deficit and a capital deficit.  Its ability
to continue as a going concern is dependent upon its ability to develop
additional sources of capital and ultimately achieve profitable operations.
These conditions raise substantial doubt about its ability to continue as a
going concern.  The financial statements do not include any adjustments that
might result from the outcome of this uncertainty.  The Company's financial
statements have been presented on the basis that it is a going concern, which
contemplates the realization of assets and the satisfaction of liabilities in
the normal course of business.

The Company is actively pursuing various business opportunities to acquire or
merge with operating businesses.

Management intends to seek out additional sources of debt and equity financing
and to seek merger and acquisition opportunities with profitable operating
companies.


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

GENERAL

Plan of Operations

The Company had been a provider of wiring and technology for entertainment,
communication, and data networks to residential and commercial customers (Home
Automation Business).  The Company's plan included the acquisition of home
automation and related companies.  However, the Company could not acquire
companies at reasonable purchase prices.

IROC experienced significant losses during the nine months ended September 30,
2001.  After the events of September 11, 2001, management determined in
October 2001 that the significant losses would continue and the Company exited
the Home Automation Business, and closed its operating subsidiary IntelliReady
of Colorado, Inc.  The Company has attempted to liquidate its assets and is
negotiating with its creditors to settle the amounts owed. The Company's
largest creditor is New West Holdings, LLC, ("NWH") IRDI's venture capital
investor, which is controlled by IRDI Chairman, Thomas J Wiens.

The Company is actively pursuing various business opportunities to acquire or
merge with operating businesses.

Expected Increases in Employees

The Company currently has no employees.  If the Company is successful in its
acquisition strategy it expects to significantly increase the number of
employees over the next twelve months.  It is anticipated that most of its
labor needs will be met by existing employees of acquired businesses.

RESULTS OF OPERATIONS

While in the Home Automation Business the Company realized significant
revenues growth, but continuously experienced unsatisfactory gross margins as
a result of the constant need to deploy crews to wrap up substantially
completed jobs.  The Company had implemented new processes to improve this
situation in current and future contracts and believes that this would have
minimized the problem.  Additionally, the Company had invested in an
infrastructure to do a roll up in the Home Automation Business.  Because of
market and other conditions, the Company did close on any acquisitions in
2001.  As such, in August 2001, the Company eliminated a number of positions
to right size its SG&A structure.

CAPITAL EXPENDITURES

The Company incurred capital expenditures for tenant finish, computer
equipment, tools and vehicles, and other office equipment.  Capital
expenditures totaled $-0- and $22,101 for the periods ended March 31, 2002 and
2001, respectively.

CAPITAL RESOURCES

The Company had received financings under a line of credit ("LOC") agreement
dated February 14, 2001 with NWH.  The terms of this LOC state that the
amounts drawn under the line are payable on demand and carry an interest rate
of ten percent (10%); provided that the interest rate may be adjusted in the
event the prime rate increases.  As of March 31, 2001, we had drawn $124,928
on this LOC.

During 2001, our capital resources have been provided primarily through a line
of credit with NWH of 124,928 and a note payable to Compass Bancshares, Inc.
of 1,650,000, which was guaranteed by NWH.  The LOC is secured by a first lien
on all assets of the Company.

LIQUIDITY

The ability to satisfy our obligations depends in great part upon our securing
short and long-term financing for development of our commercial and
residential products and services.  We are currently in discussions with other
financial institutions to provide additional funding.  There is no assurance
that short and long-term financing can be obtained to fulfill our capital
needs.  Without the short or long-term financing, we will need to look for
other sources of capital.

Item 6. Exhibits and Reports on Form 8-K:
None


  SIGNATURES

In accordance with Section 13 or 15 (d) of the Securities Exchange Act,
IntelliReady, Inc., caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
<Table> <Caption>

SIGNATURE	TITLE 	DATE
---------	-----	----

INTELLIREADY, INC.

<S>	<C>	<C>
/S/ THOMAS J. WIENS 	Chairman and Chief Financial Officer	June 10, 2002
----------------------
Thomas J. Wiens
</Table>

In accordance with the Securities Exchange Act of 1934, this report has been
signed below by the following persons on behalf of the Registrant and in the
capacities and on the date indicated:

<Table> <Caption>
SIGNATURE	TITLE 	DATE
---------	-----	----
<S>	<C>	<C>

/S/ THOMAS J . WIENS 	Chairman and Chief Financial Officer	June 10, 2002
---------------------- 	(Principal Financial Officer)/Director
Thomas J. Wiens

/S/ LUKE F. BOTICA 	President and Chief Executive Officer	June 10, 2002
---------------------- 	(Principal Executive Officer)/Director
Luke F. Botica
	Director	June 10, 2002
----------------------
Brendan Reidy
</Table>


EXHIBIT INDEX

 2(i) Reverse Merger Agreement and Plan of Acquisition dated August 25, 2000
among Registrant and Pan Western Energy Corporation.***

2(ii) Limited Liability Interest Purchase Agreement dated May 18, 2000 among
Registrant and Time Direct, LLC.

2(iii) Wiring Services Agreement dated September 13, 2000 between Registrant
and Advanced Custom Systems, Inc.

2(iv) Extension of Wiring Services Agreement between Registrant and Advanced
Custom Systems, Inc. dated February 13, 2001.

3(i) Articles of Incorporation of the Registrant.

3(ii) By-Laws of the Registrant.

10(i) Equity Incentive Plan.*

10(ii) Promissory Note effective February 14, 2001 between Registrant and New
West Holdings, LLC.

10(iii) Line of Credit effective February 14, 2001 between Registrant and New
West Holdings, LLC.

10(iv) Lease Agreement on Registrant's primary property.

16 Letter on Change in Certifying Accountant.**

20(i) Reports on Form 8-K

We filed the following reports on Form 8-K during the quarter ended December
31, 2001:
None
21 A description of the subsidiaries of the Registrant.

* Incorporated by reference from Registrant's Schedule 14C, which was
previously filed on October 19, 2000.

** Incorporated by reference from Registrant's Form 8-K, which was previously
filed on November 20, 2000.

*** Incorporated by reference from Registrant's Form 8-K, which was previously
filed on October 19, 2000.


DESCRIPTION OF SUBSIDIARIES OF THE REGISTRANT

IntelliReady, Inc. (the "Registrant") has one wholly owned subsidiary:

1.Pan Western Acquisition Corp, a Colorado corporation.

Pan Western Acquisition Corp has one wholly owned subsidiary:

2.IntelliReady of Colorado, a Colorado corporation.


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F-7