U.S. Securities and Exchange Commission
                   Washington, D.C. 20549

                        Form 10-KSB

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

        For the Fiscal Year ended September 30, 2003

                             Or

  [   ] TRANSITION REPORT UNDER SECTION 13 0R 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934

  For the transition period from __________ to ___________

             Commission file number:  000-13846

               STRATEGIC ALLIANCE GROUP, INC.
       (Name of Small Business Issuer in its charter)

            Florida                             75 14 33 000
  (State or other jurisdiction of  (I.R.S. Employer Identification No.)
   incorporation or organization)

      3551 S.W. Corporate Parkway
         Palm City, Florida                       34990
 (Address of principal executive offices)      (Zip Code)

                           (772) 283-4490
                     Issuer's telephone Number

  Securities registered under Section 12 (b) of the Exchange Act:

  Title of Each Class                      Name of Each Exchange
                                            On Which registered

          None                                     None


  Securities registered under Section 12 (g) of the Exchange Act:

          COMMON STOCK, PAR VALUE  $.10 PER SHARE
                      (Title of Class)


  Check whether the issuer (1) filed all reports required to be
  filed by Section 13 or 15(d) of the Exchange Act during the past
  12 months (or for such period that the registrant was required to
  file such reports), and (2) has been subject to such filing
  requirements for the past 90 days.

  [X]  YES       [  ]   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 registrant's knowledge, in
  definitive proxy or information statements incorporated by
  reference in Part III of this Form 10-KSB or any amendment
  to this Form 10-KSB.    [ X ]

  The issuer's revenue for the most recent fiscal year was   $0.00

  The aggregate market value of the voting stock held by
  non-affiliates computed by reference to the price at which the
  stock was sold, or the average bid and asked price of such, as
  of a specified date within the prior 60 days was  $237,500 based
  on the average of the closing bid and asked obtained from the OTC
  Bulletin Board on September 30, 2003.

  The number of shares outstanding of each of the Issuer's classes
  of common equity as of September 30, 2003 was;

            Common Stock   475,000,000 shares

  Transitional Small Business Disclosure Format
  YES [  ]   NO  [X ]




  TABLE OF CONTENTS

  Item 1    - Description of Business
  Item 2    - Description of Property
  Item 3    - Legal Proceedings
  Item 4    - Submission of Matters to a Vote of Security Holders
  Item 5    - Market Price of and Dividends on the Registrant's Common
              Equity and Related Stockholder Matters
  Item 5.1  - Description of Securities
  Item 6    - Management's Discussion and Analysis or Plan of Operation
  Item 7    - Changes in and Disagreements with Accountants
  Item 8    - Financial Statements
  Item 9    - Directors and Executive Officers, Promoters and Control
              Persons
  Item 10   - Executive Compensation
  Item 11   - Security Ownership of Certain Beneficial Owners and
              Management
  Item 12   - Certain Relationships and Related Transactions



                          PART  I.

  Statements contained in this Form that are not historical facts
  are forward looking statements as the term is defined in the
  Private Securities Litigation Reform Act of 1995.
  Such forward-looking statements are subject to risks and
  uncertainties, which could cause actual results to differ
  materially from original estimates. Such risks and uncertainties
  are detailed in filings with the Securities And Exchange
  Commission, including without limitation in Item 1
  "DESCRIPTION OF BUSINESS" and Item 6  MANAGEMENT DISCUSSION AND
  NALYSIS OR PLAN OF OPERATION" below.

  ITEM  1  DESCRIPTION OF BUSINESS

  (a) Business Development

  The present Strategic Alliance Group, Inc. was incorporated
  under the laws of the State of Florida on October 24, 1983,
  under the name Bio-Analytic Laboratories, Inc (Florida). On
  October 25, 1983, this company merged with Bio-Analytic
  Laboratories, Inc., a Texas corporation. The Texas
  corporation was the surviving company and the sole reason
  for the merger was to effect a change in its state of domicile
  from the State of Texas to the State of Florida. On October 25,
  1983, the date of the merger, Bio-Analytic (Florida) had not
  issued any of its common stock and the shareholders of Bio-Analytic
  (Texas) became the shareholders of Bio-Analytic (Florida) on a
  share for share basis.

  Eutro Group Holding, Inc. was incorporated under the laws of the
  State of Florida in September, 1991. In that month, it completed
  a reverse acquisition of Bio-Analytic Laboratories, Inc. Eutro
  Group Holding, Inc. was the holding company and Bio-Analytic
  Laboratories, Inc. became its only wholly owned operating
  subsidiary.

  On May 6, 1998, Eutro Group Holding, Inc. sold its Bio-Analytic
  Laboratories, Inc. subsidiary to Cypro Environmental Group, Inc.,
  a privately held corporation incorporated under the laws of the
  State of Florida. As consideration for this sale, Eutro received
  500,000 shares of Cypro common   stock that it valued at $1,000,000.

  Since May 6, 1998, Eutro Group Holding, Inc. has not had an
  operating subsidiary.

  On May 17, 1999, negotiations were concluded by which Eutro Group
  Holding, Inc. would be acquired by Ivy Entertainment.Com, Inc. in
  a reverse merger.  As consideration for this reverse merger,
  Eutro issued and exchanged 8,575,000 shares of its common stock,
  after it was to undergo a 250 for 1 reverse split. These shares
  were to be issued to the sole stockholder of Ivy,  Mr. Richard
  Gladstone, in exchange for 1000 shares of common stock of Ivy
  Entertainment.Com, Inc. which is the total amount of Ivy common
  stock issued and outstanding.

  The shares of Eutro common stock to be received by Mr. Gladstone
  pursuant to the reverse acquisition agreement would be restricted
  stock as defined in Rule 144 of the Securities Act.

  A vital clause in the acquisition agreement between Eutro and IVY
  as that Mr. Richard Gladstone, Ivy's sole stockholder, guarantee
  that IVY have a minimum of $6,000,000 in tangible assets when
  the merger is completed.

  On February 9, 2001, Mr. Floyd D. Wilkenson, Director of
  Mezzanine Finance Fund, LLC., and former Chairman of the Board
  of Directors of Eutro Group Holding, Inc. sent a letter to Mr.
  Richard Gladstone, CEO of Ivy Entertainment.Com, Inc. in which
  Wilkenson informed Gladstone and Ivy that he considered them to
  not have performed on three provisions specified in the
  Agreement of Merger between the two companies signed May 17, 1999.

  The three provisions are;

        1.  Failure of Ivy Entertainment.Com, Inc. to have the
            $6,000,000 in assets required of it before its merger
            with Strategic Alliance Group, Inc. can be consummated

        2.  Failure to meet the time requirement for consummation of
            the merger while being fully aware that time is of the
            essence.

        3.  Failure to meet the requirement for the extension of
            time limits contained in the Agreement, since the
            initial date for closing was set for June 30, 1999.

  This action was instigated by the approach to Wilkenson of a
  Strategic shareholder group concerned at the unexplainable delays
  in the fulfillment of the terms of the Acquisition Agreement.
  After due consideration of the arguments presented, Wilkenson
  chose to invoke Articles 10.1(b) and 10.2 of the Agreement to
  effect its termination and to be given written notice thereof.

  Gladstone was given 10 days to cure the matters giving rise to
  this situation. Since no cure was performed, the Agreement
  was terminated effective the 10th business day following receipt
  by Gladstone.

  The Acquisition Agreement between Strategic Alliance Group, Inc,
  and Ivy Entertainment.Com, Inc. is now null and void.

  In October, 2002, the management of Ritchie's Rich and Ready Inc.,
  a Utah corporation and hereinafter called Ritchie's, started
  merger discussions with a Florida corporation named Freedom
  Medical Group, Inc. In a special meeting of Ritchie's Board of
  Directors, held on   November 18, 2002, consideration was given
  to the merger of Ritchie's with Freedom. The merger was put to
  a vote. Since Ritchie's is a private company, all the shares were
  voted either by their owners or by proxy. Eighty seven percent
  (87%) were cast in favor of the merger. Mr. Leon Caldwell,
  was appointed Ritchie's Corporate Secretary and given authority
  and instructions to consummate such merger.

  In late November the merger was concluded.  Upon completion of the
  merger, papers were filed with the Sate of Florida changing the
  name of the company from Freedom to Country Wide Foods, Inc.,
  which shall be hereinafter referred to as Countrywide.

  Merger discussions were immediately started by Countrywide with
  the Sole Manager and Director of the Issuer, Mr. Floyd D. Wilkenson.
  The discussions became very serious and a plan of operation was
  finally agreed upon. On December 10, 2002, the Issuer filed a Report
  14C Information Statement. It announced the Issuer's intention to
  merge and become a wholly owned subsidiary of Countrywide.

  The Issuer issued two press releases. The first on December 16, 2002,
  officially announced the merger discussions and gave details of
  the operations of Ritchie's. The second on December 23, 2002,
  announced that Capital Group International concluded arrangements
  for the provision of a bridge loan in the amount of $1,000,000 to
  Countrywide. These funds will be made available to Ritchie's for
  use as working capital.

  On December 31, 2002, most of the terms and conditions of this
  merger had been agreed upon.  Countrywide would be the surviving
  company with its first wholly owned operating subsidiary would
  be Ritchie's.

  Countrywide has developed a proprietary non-patented process to
  produce a new line of innovative deep fried turkeys and turkey
  breasts. The process provides for injecting the turkeys with
  special recipe marinades, cooking them in deep frying vats,
  packaging them and distributing them to the sellers. The
  company objective is to obtain a sizeable and profitable section
  of the home meal replacement market.

  Countrywide feels it has identified a profitable niche market
  in the food and particularly the home meal replacement market
  which is presently a $100 billion market and which food
  analysts expect to double by the year 2010.

  Full details of the new company will be released after the
  closing. At this time, for the information of the investing
  public, the Issuer is prepared to say that the board of
  directors and management team of Countrywide will be composed
  of the following persons: John Baird, Robert Stenquist, Jason Lee,
  Leon Caldwell, Richard McIntosh, Brian Baskett, Laurin O'Keefe,
  Jeffrey Jackey, Ron Carey and Paul Schuetzle. Extended biographies
  of the management team   and the positions they will occupy will
  be supplied after completion of the merger.

  On December 11, 2002, Country Wide Foods, Inc. received a loan
  commitment from Capital Group International, an investment
  banking group Located in Pompano Beach, Florida. The loan
  amount is for $1,000,000. These funds, when disbursed,
  are earmarked for the leasing and equipping of Countrywide's
  facility in Utah to process the turkeys,

  In the current quarter, the Issuer has been occupied in
  supplying the required information to the Securities & Exchange
  Commission and waiting for the SEC approval so the following
  developments can occur.

       1.   A reverse split of the common stock at a rate of 1 for
            250. This has been approved by shareholders.
       2.   A name change from STGE to Country Wide Foods, Inc.
       3.   Notification of the changes to Depository Trust Company
       4.   Notification to Automatic Data Processing, Inc.
       5.   Notification to Issuer's transfer agent

  It has been mutually agreed that the closing of this transaction
  will occur as soon as possible after the conclusion of the above
  mentioned events.


  (b) Business Of Issuer

  Strategic Alliance Group, Inc. offered consulting services
  to a wide range of clients, from small private companies to
  medium size public companies. It assisted companies in bringing
  new products to market, provided sales and marketing advice
  and other general consulting services that are particularly
  aimed at small to medium sized companies that plan on raising
  capital in public and private securities offerings. Strategic
  worked with company management and assisted it in the development
  of a company business plan, in adopting a proper capital structure,
  develop a consistent corporate story and create and implement
  a stock option plan. Strategic specialized in financial public
  relations. It advised management in the proper way to disseminate
  the corporate story to the investing community thereby attracting
  the attention of stock-buyers to its shares. If the client is a
  private company, the focus is to get its story to the consumer
  so that the company is known, held in high esteem and its products
  preferred by the consumer.

  Strategic's fee was usually divided into two parts. The first
  was a cash payment to cover direct expenses and the second was a
  block of the client's common stock. If the client was not, and had
  no intention of becoming a public company, then Strategic's entire
  fee was to be in cash. As a result of receiving compensation in
  this manner, Strategic benefited from any appreciation in the
  price of its clients shares.

  Strategic's clients came to the company by personal referral. It
  did not engage in extensive advertising in either the financial
  or the popular media.

  The competitive situation is quite intense as there are a host
  of persons and companies who offer similar services. These
  range from corporate giants with offices in most of the developed
  and developing countries of the world, to the individual who may
  be specialized in one particular sector. Strategic did not hold
  itself out as being able to fulfill any request made of it.
  In the event that a particular client needs expertise outside of
  that which Strategic could offer, then formed a syndicate with
  other consulting companies or freelance specialists.

  The personnel situation is as follows. Being a holding company,
  Strategic Alliance Group, Inc. since its founding in 1991, has not
  had, and to this day does not have, permanent employees. The
  company affairs are managed by an unsalaried Board of Directors.
  At present, Strategic has a contractual agreement with Mezzanine
  Finance Fund, LLC. a Florida limited liability company, to provide
  the personnel to manage Strategic's affairs until merger partner
  is found and a merger completed.

  It is worth emphasizing that the current business of Strategic
  Alliance Group, Inc. is to place itself in a proper posture to
  complete a reverse acquisition and continue its existence
  as a viable entity which is something that it cannot do by
  continuing under its present modus operandi.

  ITEM  2  DESCRIPTION OF PROPERTY

  (a) Neither Strategic Alliance Group, Inc. nor Bio-Analytic
  Laboratories, Inc., its former subsidiary, owned the offices
  and production facilities they occupied.

  ITEM  3  LEGAL PROCEEDINGS

     (a)    Pending legal proceedings

  On September 30, 2003, Strategic Alliance Group, Inc. had no
  pending legal proceedings against it, and its management was not
  aware of any that were awaiting filing.

     (b)    Pending governmental agency procedures

  On September 30, 2003, Strategic Alliance Group, Inc. had no
  pending governmental agency procedures against it and its
  management was not aware of any that were awaiting submission by
  any governmental agency.

  ITEM 4  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

  There were no matters submitted to a vote of security holders
  through the solicitation of proxies or otherwise during the
  fiscal year covered by this report.

                          PART II

  ITEM 5.   MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
            MATTERS

  (a)Market Information

     (1)    The common stock of Strategic Alliance Group, Inc. is
     traded on the OTC Electronic Bulletin Board "Pink Sheets",
     under the symbol "STGE".

     (2)    The range of the high and low bid for each quarter
     of the last two fiscal years follows.

  PERIOD                   HIGH                LOW
                           BID                 BID
  2003
  1st Qtr                  0.005               0.005
  2nd Qtr                  0.009               0.004
  3rd Qtr                  0.005               0.004
  4th Qtr                  0.005               0.004

  2002
  1st Qtr                  0.006               0.003
  2nd Qtr                  0.002               0.001
  3rd Qtr                  0.002               0.001
  4th Qtr                  0.016               0.009

  2001
  1st Qtr                  0.017               0.006
  2nd Qtr                  0.088               0.009
  3rd Qtr                  0.054               0.014
  4th Qtr                  0.013               0.004

     (3)    The source of the high and low bid information submitted
     above is the daily summary made available by the OTC Electronic
     Bulletin Board.
     (4)    No cash or stock dividends have been declared on the
     Strategic Alliance Group, Inc. common stock because of a paucity
     of earnings and a lack of cash with which dividends could have
     been paid.
     (5)    Strategic common stockholders did receive two
     distributions of assets as follows. On June 12, 1998,
     for each 1000 shares of common stock held, they received
     2 shares of the common stock of Cypro Environmental Group, Inc.
     On January 30, 1998, for each 10,000 shares of common stock held,
     they received 17 shares of Freedom Medical Group, Inc.

  ITEM 5 - 1  DESCRIPTION OF SECURITIES

  Strategic Alliance Group, Inc. has two classes of capital
  stock outstanding

  A - Common Stock

  On November 4, 1998, documents were filed with the Secretary of
  State of Florida increasing the authorized common stock of
  Strategic Alliance Group, Inc. from 100,000,000 to its present
  amount of 500,000,000 shares.

  The common stock has the right to receive the amount of dividends
  declared from time to time by   the Board of Directors in
  accordance with, and resulting from, the operating performance
  of the company.

  Each common share is entitled to cast one vote in any matter
  legally presented to it.

  No preemptive rights are inherent in the common stock.

  No other material rights are contained other than the normal
  rights to a proportionate distribution   of liquidating dividends
  after satisfaction of any and all prior claimants.

  There is no provision in the charter or by-laws that would
  delay, defer or prevent a change in control of Strategic Alliance
  Group, Inc.

  B - Class A Preferred Stock

  On April 16, 1997, the Articles of Incorporation of Strategic
  Alliance Group, Inc. were amended to authorize the issuance
  of 5,000,000 shares of $.10 par value preferred stock (Class A).

  Strategic stockholders on June 30,1997, were offered the opportunity
  to exchange not more than   80% of their common stock holdings
  for Class A preferred stock. This offer was made to stockholders
  of record on June 30, 1997. The Class A Preferred Stock will not
  be sold or made available for purchase by the general public.
  Under the terms of the exchange offer, a common stockholder
  who tendered 50 shares of Strategic common stock received one
  share of Series A Preferred stock and 10 stock warrants.
  Fractional shares were compensated to the stockholder at
  the rate of $.04 per common share.

  Strategic has authorized the issuance of 25,000,000 shares
  of its common stock to Mezzanine Finance Fund, LLC, its
  authorized agent to offset any conversions, exchanges or
  liabilities of any   kind from common stockholders that may
  occur. These will be restricted shares under Rule 144.

  This will bring the total number of issued and outstanding
  shares to 475,000,000.

  C - Debt securities

  Strategic Alliance Group, Inc. has no debt securities outstanding
  and has no plans or intentions to issue any such securities.

  D - Other securities to be offered

  At this time, and in this document, Strategic Alliance Group, Inc.
  is registering no other securities.

  ITEM 6  MANAGEMENT'S PLAN OF OPERATION

  The following description of the financial condition and
  results of operations should be read in conjunction with
  financial statements and related notes appearing in Item 8
  of this Form 10-KSB.   Except for the historical information
  contained herein, the discussion in this Form 10-KSB
  contains forward looking statements that involve risks,
  uncertainties and assumptions such as statements of plans,
  objectives, expectations and intentions. The cautionary
  statements made in this Form 10-KSB should be read as being
  applicable to all forward-looking statements wherever
  they appear in this document. The actual results, levels of
  activity, performance, achievements and prospects could differ
  materially from those discussed below. Factors that could cause or
  contribute to such differences include those discussed elsewhere in
  this Form 10-KSB.

     (a)    Plan of operation

  It is highly unlikely that Strategic Alliance Group, Inc. can
  satisfy its cash requirements for the next 12 months without
  resorting to raising additional funds.

  Strategic plans no product research and development for the
  term of the Plan.

  During the period covered by the financial statements and
  the next 12 months of this Plan, Strategic significantly
  changed the focus of its business activities from business and
  financial consulting to the sale of the company to a more
  financially secure organization that could make better use of
  its OTC Electronic Bulletin Board listing.

  ITEM 7  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
          ACCOUNTING AND FINANCIAL DISCLOSURE

  The present auditor of Strategic Alliance Group, Inc. is
  Mr. Aaron Stein, CPA, of 534 Willow Avenue, PO Box 315, Cedarhurst,
  New York 11516, telephone, (516) 569 0520.

  Strategic Alliance Group, Inc. has not changed accountants
  during the last two fiscal years, nor has it had any disagreements
  with the accountants on any matter of accounting principles or
  practices, financial statement disclosures, or auditing scope or
  procedures.


  ITEM  8  FINANCIAL STATEMENTS
  STRATEGIC ALLIANCE GROUP, INC.
  AUDITED FINANCIAL STATEMENTS

  Fiscal Years ended September 30, 2003 and 2002




  STRATEGIC ALLIANCE GROUP, INC.
  Table of Contents

  Report of Independent Accountant
  Financial Statements
       Balance Sheet
       Statement of Operations
       Statement of Changes in Stockholders' Deficit
       Statement of Cash Flow
       Notes to Financial Statements



    Aaron Stein
  CERTIFIED PUBLIC ACCOUNT
  981 ALLEN LANE
  P.O. BOX 406
  WOODMERE, NY 11598

  To the Board of Directors and Shareholders'
       Strategic Alliance Group, Inc.

  I have audited the accompanying balance sheet of Strategic Alliance
  Group, Inc. as of September 30, 2003, and the related statement of
  operations, changes in stockholders' deficit and cash flows for
  each year September 30, 2003 and 2002. These financial statements
  are the responsibility of the Company's management. My
  responsibility is to express an opinion on these financial
  statements based on my audit.

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

  In my opinion, the financial statements referred to above present
  fairly, in all material respects, the financial position of Eutro
  Strategic Alliance Group, Inc. as of September 30, 2003 and the
  results of its operations and its cash flows for the two years
  ended September 30, 2003 and 2002 in conformity with generally
  accepted accounting principles.

  The accompanying financial statements have been prepared assuming
  that the Company will continue as a going concern. As discussed
  in Note 2 to the financial statements, the Company, has a very
  limited operating history, has a shareholder and working capital
  deficiency and has suffered recurring losses since inception.

  The Company's lack of financial resources and liquidity as of
  September 30, 2003 raises substantial doubt about its ability
  to continue as a going concern. Management's plans in regard
  to these matters are described in Note 2. The financial statements
  do not include any adjustments that might result from the outcome
  of this uncertainty.

  Aaron Stein
  Woodmere, New York
  October 15, 2003




                             STRATEGIC ALLIANCE GROUP, INC.
                                    BALANCE SHEET
                                SEPTEMBER 30, 2003



  ASSETS
 TOTAL ASSETS
      Cash and cash equivalents                  $         0




  TOTAL ASSETS                                   $         0

  LIABILITIES AND STOCKHOLDERS' DEFICIT

  CURRENT LIABILITIES
      Preferred dividends                        $         0


  STOCKHOLDERS' DEFICIT
      Common stock, $.10 par value,
              Authorized 500,000,000 shares
      475,000,000 issued and outstanding           47,500,000


  Additional paid-in capital                      (47,500,000)

  Total Liabilities and Stockholders Equity      $          0
642:


  See accompanying notes to financial statements





  STRATEGIC ALLIANCE GROUP, INC.
  STATEMENT OF OPERATIONS




                                          Years ended September 30,
                                          2003                2002

  REVENUE                             $       0           $       0


  GENERAL AND ADMINISTRATIVE EXPENSES         0                   0


  OPERATING LOSS                              0                   0


  OTHER INCOME (EXPENSES)
   Gain on sale of fixed assets               0                   0
   Interest expense                           0                   0

             Total

             LOSS BEFORE PROVISION FOR
             INCOME TAXES                     0                   0


  INCOME TAXES                                0                   0

  NET LOSS                            $       0           $       0




  LOSS PER SHARE
   Basic                                    nil                 nil

  AVERAGE NUMBER OF COMMON SHARES
  OUTSTANDING
   Basic                            475,000,000         475,000,000




  See accompanying notes to financial statements



  STRATEGIC ALLIANCE GROUP, INC.
  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
702:
703:
                   Pref Stock        Common Stock           Additional
                                                             Paid In
               Shares    Amount   Shares      Amount         Capital
  Bal 9/30/02    0         0    475,000,000  $47,500,000  (44,788,823)
  Bal 9/30/03    0         0    475,000,000  $47,500,000  (44,788,823)


		  Accumulated
		    Deficit          Total
  Bal (Cont.)
      9/30/02     (2,711,177)     (47,500,000)
      9/30/03     (2,711,177)     (47,500,000)


  Note:
  In the fourth quarter of the fiscal year ending 9/30/02,
  resolutions were passed and the following shares of
  common stock were issued.

  44,788,823 shares to Mezzanine Finance Fund LLC to provide for
  future exchange of Preferred Stock.

  23,961,200 shares to the company transfer agent for the
  exchange of shares Preferred Stock and accumulated interest
  submitted for exchange.

730:
  See accompanying notes to financial statements




  STRATEGIC ALLIANCE GROUP, INC.
  STATEMENT OF CASH FLOWS

                                             Years ended September 30,
                                              2003               2002

  CASH FLOWS FROM OPERATING ACTIVITIES

       Net loss                              $       0      $        0

       Adjustments to reconcile net loss to
            net cash used by operating
            activities:
                 Gain on sale of fixed assets        0               0
                 Issuance of common stock for
                 services rendered and other
                    long-term liabilities            0               0


            Changes in operating assets and
            liabilities:
                 Accounts payable and accrued
                   expenses                          0            (129)
                 Preferred dividends  See Note       0               0
                 Other long term-liabilities         0               0

                      Net cash used in
                      operating activities           0            (129)


  CASH FLOWS FROM INVESTING ACTIVITIES

       Proceeds from sale of furniture
          and equipment                              0               0


  CASH FLOWS FROM FINANCING ACTIVITIES

       Proceeds from sale of common stock            0               0


            NET INCREASE/DECREASE IN CASH AND
            CASH EQUIVALENTS                         0            (129)
779:
  CASH AND CASH EQUIVALENTS, Beginning               0             129

  CASH AND CASH EQUIVALENTS, Ending          $       0        $      0




  See accompanying notes to financial statements




  STRATEGIC ALLIANCE GROUP, INC.
  NOTES TO FINANCIAL STATEMENTS
  SEPTEMBER 30, 2003

  Note 1: Organization, Business and Significant Accounting Policies

       Organization

       Strategic Alliance Group, Inc. (the Company) was originally
       incorporated in Florida as Eutro Group Holding, Inc. in
       September 1991. On October 18, 1999 the Company filed its
       Articles of Amendment to its Articles of Incorporation
       thereby changing its name to Strategic Alliance Group, Inc.
       In September 1991 the Company completed a reverse acquisition
       of Bio-Analytic Laboratories, Inc., which then became a wholly
       owned operating subsidiary of the Company. On May 6, 1998,
       the Company sold its Bio-Analytic Laboratories, Inc.
       subsidiary. Since May 6, 1998, the Company has not had an
       operating subsidiary.

       Business

       Strategic Alliance Group, Inc. is a holding corporation.
       Its principal business is to own operating subsidiaries and
       assist these companies as well as other small and medium size
       companies with research, development, marketing and sales.
       Additionally, the Company will assist in the development
       of business plans and specializes in financial public
       relations.

       Significant accounting policies

       Use of Estimates in Financial Statements   Management uses
       estimates and assumptions in preparing these financial
       statements in accordance with generally accepted accounting
       principles.   Those estimates and assumptions affect the
       reported amounts of assets and liabilities, the disclosure
       of contingent assets and liabilities, and the reported
       revenue and expenses. Actual results could vary from the
       estimates that were used.

       Cash and Cash Equivalents   For purposes of reporting cash
       flows, the Company considers all cash accounts, which are
       not subject to withdrawal restrictions or penalties, as
       cash and equivalents in the accompanying balance sheet.

       Income Taxes - Statement of Financial Accounting Standards
       No. 109 (FAS 109), "Accounting for Income Taxes" is effective
       for financial statements issued for fiscal years beginning
       on or after December 15, 1992. Under FAS 109, deferred
       income taxes generally represent the future tax effect of
       existing differences between the book and tax bases of
       assets and liabilities, using the tax rates and laws
       existing as of the latest balance sheet date.

       The Company has not elected early adoption of this
       statement. The adoption of FAS 109 is not expected to
       have a material effect on the Company's financial position
       or results of operations due to the Company's NOL position
       and recent losses. The Company expects to record a deferred
       tax asset that will be fully reserved through the recording
       of a 100% valuation allowance.

       Earnings per Common Share - Basic loss per common share
       is computed using the weighted average number of common
       shares outstanding during the year.

  Note 2: Going Concern Consideration
       The accompanying financial statements have been prepared
       assuming that the Company will continue as a going concern.
       The Company has a very limited operating history, has a
       shareholder and working capital deficiency and has had
       losses since inception. The Company's lack of financial
       resources and liquidity at September 30, 2002 raises
       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 has been dependent upon raising
       debt and equity funding to remain in existence as a going
       concern. Its continued existence is also dependent on
       equity funding.

       The Company will continue to actively search for other
       suitable operating companies to effectuate a merger with.

  Note 3: Shareholders' Deficit

       None

                          Part III

  ITEM  9  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
           PERSONS;  COMPLIANCE WITH SECTION 16 (a) OF THE EXCHANGE
           ACT

  DIRECTORS AND EXECUTIVE OFFICERS

  The temporary Sole Director of Strategic Alliance Group,
  Inc. is listed as follows:

                                                   Date of     Term
  Name                 Age    Position             Election    Expires

  Floyd D. Wilkenson    80   Temp. Sole Director  Sept. 1, 2001  --


  On February 26, 2001, Strategic Alliance Group, Inc. responded to
  Mark Colacurcio's notice of   resignation by setting a later
  date of acceptance of his resignation so that the former Board
  could arrange for a temporary replacement.

  Mr. Colacurcio filled in as Sole Director and President until
  September of 2001, when Mr. F.D. Wilkenson could replace Mark
  Colacurcio, as Sole Director.

  SIGNIFICANT EMPLOYEES

  Strategic Alliance Group Inc.'s sole person responsible for
  executive management is Floyd D. Wilkenson.  Mr. Wilkenson is
  a non-compensated director.

  FAMILY RELATIONSHIPS

  No family relationships between any directors or executive
  officers of the company exist, either by blood or by marriage.

  DIRECTORSHIPS OF OTHER REPORTING COMPANIES

  None of the officers and directors of Strategic Alliance Group,
  Inc. hold directorships in other reporting companies.

  PROMOTERS AND CONTROL PERSONS

  There are no promoters actively involved with Strategic Alliance
  Group, Inc. at this time.

  INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

  Except as set forth below, during the past five years, no director,
  person nominated to become a director, executive officer, promoter
  or control person of Strategic Alliance Group, Inc.:

     (1)    was a general partner or executive officer of any
            business against which any bankruptcy petition was filed,
            either at the time of the bankruptcy or two years prior
            to that time;
     (2)    was convicted in a criminal proceeding or named
            subject to a pending criminal proceeding (excluding
            traffic violations and other minor offenses);
     (3)    was subject to any order, judgement or decree, not
            subsequently reversed, suspended or vacated, of any
            court of competent jurisdiction, permanently or
            temporarily enjoining,  barring, suspending or otherwise
            limiting his involvement in any type of business,
            securities or banking activities; or
     (4)    was found by a court of competent jurisdiction
            (in a civil action) the SEC or the Commodity Futures
            Trading Commission, to have violated a federal or
            state securities or commodities law, and the judgement
            has not been reversed, suspended or vacated.

  ITEM 10  EXECUTIVE COMPENSATION

  Executive compensation
  The only executive was the Sole Director, Floyd D. Wilkenson.
  He received no compensation for the services he rendered either
  in cash or in stock or in any other form of direct compensation or
  perquisites of any kind.

  Director Compensation

  The directors of Strategic Alliance Group, Inc. receive no direct
  monetary compensation.  The directors receive no compensation
  either in stock or in cash or in options or in stock appreciation
  rights or perquisites of any kind.

  ITEM 11  SECURITY OWNNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
           MANAGEMENT

     (a)    Security ownership of certain beneficial owners.
972:
  As of the date of submission of this Form 10-KSB there is no
  person (including any "group") known to Strategic Alliance Group,
  Inc. to be the beneficial owner of more than five percent of
  Strategic's voting securities.

     (b)    Security ownership of management

  Title of class      Name/Address       Amount and nature   Percent
  of beneficial  of beneficial ownership    of class
  owner

  Common Stock    Floyd D. Wilkenson       0  shares           0%
                  3551 SW Corp. Pkwy
                  Palm City, FL 34990

     (c)    Changes in control

  There are no internal arrangements either by agreement or in
  the by-laws of Strategic Alliance   Group, Inc. that would
  inhibit or prohibit a change in control of the Company.

  ITEM  12  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

  Floyd D. Wilkenson in 1999 was issued 20,000,000 (144) shares
  of stock for the $470,000   balance of funds advanced to Eutro
  Group Holding, Inc. before it became Strategic Alliance
  Group, Inc.  These shares were transferred to a family trust
  prior to September 2001.  However, they were sent to be
  transferred by the Transfer Agent in July of 2002.

  ITEM 13  EXHIBITS, LIST AND REPORTS ON FORM 8-K

  None

  SIGNATURES

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

  Strategic Alliance Group, Inc.
  (Registrant)

  By ___/s/  Floyd D. Wilkenson, CEO and Sole Director__
  (Signature and Title)

  Date: September 30, 2003
  In accordance with the Securities Act, this report has been signed
  below by the following persons on behalf of the registrant and in
  the capacities and on the dates indicated.


  By /s/ Floyd D.Wilkenson, CEO and Sole Director
     (Signature and Title)

  Date: September 30, 2003


                 CERTIFICATIONS PURSUANT TO
                       SECTION 302 OF
               THE SARBANES-OXLEY ACT OF 2002

  CERTIFICATION
  I, Floyd D. Wilkenson, certify that:

  1. I have reviewed this annual report on Form 10-K SB of Strategic
     Alliance Group, Inc.;
  2. Based on my knowledge, this annual report does not contain
     any untrue statement of a material fact or omit to state a
     material fact necessary to make the statements made, in
     light of the circumstances under which such statements were
     made, not misleading with   respect to the period covered by
     this annual report;
  3. Based on my knowledge, the financial statements, and other
     financial information included in this annual report, fairly
     present in all material respects the financial condition,
     results of operations and cash flows of the registrant as of,
     and for, the periods presented in this annual report;
  4. The registrant's other certifying officers and I are responsible
     for establishing and maintaining disclosure controls and
     procedures (as defined in Exchange Act Rules 13a-14 and 15d-14)
     for the registrant and we have:
  a) designed such disclosure controls and procedures to ensure
     that material information relating to the registrant, including
     its consolidated subsidiaries, is made known to us by
     others within those entities, particularly during the period
     in which this annual report is being prepared;
  b) evaluated the effectiveness of the registrant's disclosure
     controls and procedures as of a date within 90 days prior to
     the filing date of this annual report (the "Evaluation Date");
     and
  c) presented in this annual report our conclusions about the
     effectiveness of the disclosure controls and procedures based
     on our evaluation as of the Evaluation Date;
  5. The registrant's other certifying officers and I have disclosed,
     based on our most recent evaluation, to the registrant's
     auditors and the audit committee of registrant's board of
     directors (or persons performing the equivalent function):
  a) all significant deficiencies in the design or operation of
     internal controls which could adversely affect the registrant's
     ability to record, process, summarize and report financial
     data and have identified for the registrant's auditors any
     material weaknesses in internal controls; and
  b) any fraud, whether or not material, that involves management
     or other employees who have a significant role in the
     registrant's internal controls; and
  6. The registrant's other certifying officers and I have
     indicated in this annual report whether or not there were
     significant changes in internal controls or in other factors
     that could significantly affect internal controls subsequent
     to the date of our most recent evaluation, including any
     corrective actions with regard to significant deficiencies
     and material weaknesses.

  Date: September 30, 2003

  /s/ Floyd D. Wilkenson
  Floyd D. Wilkenson
  Chief Executive Officer/Sole Director


  CERTIFICATION
  I, Floyd D. Wilkenson, certify that:
  1. I have reviewed this annual report on Form 10-K SB of Strategic
     Alliance Group, Inc.;
  2. Based on my knowledge, this annual report does not contain
     any untrue statement of a material fact or omit to state a
     material fact necessary to make the statements made, in
     light of the circumstances under which such statements were
     made, not misleading with   respect to the period covered by
     this annual report;
  3. Based on my knowledge, the financial statements, and other
     financial information included in this annual report, fairly
     present in all material respects the financial condition,
     results of operations and cash flows of the registrant as of,
     and for, the periods presented in this annual report;
  4. The registrant's other certifying officers and I are responsible
     for establishing and maintaining disclosure controls and
     procedures (as defined in Exchange Act Rules 13a-14 and 15d-14)
     for the registrant and we have:
  a) designed such disclosure controls and procedures to ensure
     that material information relating to the registrant, including
     its consolidated subsidiaries, is made known to us by others
     within those entities, particularly during the period in
     which this annual report is being prepared;
  b) evaluated the effectiveness of the registrant's disclosure
     controls and procedures as of a date within 90 days prior
     to the filing date of this annual report (the "Evaluation
     Date"); and
  c) presented in this annual report our conclusions about the
     effectiveness of the disclosure controls and procedures
     based on our evaluation as of the Evaluation Date;
  5. The registrant's other certifying officers and I have
     disclosed, based on our most recent evaluation, to the
     registrant's auditors and the audit committee of registrant's
     board of directors (or persons performing the equivalent
     function):
  a) all significant deficiencies in the design or operation of
     internal controls which could adversely affect the registrant's
     ability to record, process, summarize and report financial
     data and have identified for the registrant's auditors any
     material weaknesses in internal controls; and
  b) any fraud, whether or not material, that involves management
     or other employees who have a significant role in the
     registrant's internal controls; and
  6. The registrant's other certifying officers and I have
     indicated in this annual report whether or not there were
     significant changes in internal controls or in other
     factors that could significantly affect internal controls
     subsequent to the date of our most recent   evaluation,
     including any corrective actions with regard to significant
     deficiencies and material weaknesses.

  Date: September 30, 2003
  /s/ Floyd D. Wilkenson
  Floyd D. Wilkenson
  Sole Director