United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549

                          Form 10-KSB, Amendment No. 1

            [X] Annual Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                   For the Fiscal Year Ended December 31, 2000

          [ ] Transition Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

             For the Transition Period from __________ to __________

                        Commission File Number 000-28005

                          CobraTech International, Inc.
                          ----------------------------
             (Exact Name of Registrant as Specified in its Charter)

Nevada                                                               88-0422028
------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

6511 Jasper Road, Sechelt, British Columbia Canada                      V0N 3A8
------------------------------------------------------   -----------------------
(Address of principal executive offices)                             (Zip Code)

                                 (604) 885-0401
                                 --------------
              (Registrant's Telephone Number, Including Area Code)

Securities Registered Pursuant to Section 12(b) of the Act: None.

Securities Registered Pursuant to Section 12(g) of the Act: Common Stock, $0.001
par value per share, 25,000,000 shares authorized.

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (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 [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-B is not contained herein, and will not 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. [ ]

The Company's stock is not, and has not, been traded or quoted. Therefore, there
is no way to ascertain a market value for the stock.

The number of shares of Common Stock outstanding as of December 31, 2000 was
24,200,030.

Documents incorporated by reference. There are no annual reports to security
holders, proxy information statements, or any prospectus filed pursuant to Rule
424 of the Securities Act of 1933 incorporated herein by reference.

Transitional Small Business Disclosure format (check one):

                            Yes ( )       No (X)



                                       1
<PAGE>


The Company filed an Annual Report on Form 10-KSB for the year ended December
31, 2000 and Quarterly Reports on Form 10-QSB for the three month period ended
March 31, 2001, the six month period ended June 30, 2001 and the nine month
period ended September 30, 2001, which did not accurately reflect the forward
split which occurred in November 2000 and did not accurately reflect 24,200,030
as the total number of issued and outstanding shares of common stock. Therefore,
the Company intends to file an amended Annual Report on Form 10-KSB for the year
ended December 31, 2000, and amended Quarterly Reports on Form 10-QSB for the
three month period ended March 31, 2001, the six month period ended June 30,
2001 and the nine month period ended September 30, 2001, in order to accurately
reflect the forward split and the total number of issued and outstanding shares
of common stock as 24,200,030.

                                     PART I

ITEM 1 -- BUSINESS.

Our Background.  The Company was incorporated on March 30, 1999. On November 14,
2000,  the Company  changed its name from Dead Man's Point,  Inc.,  to CobraTech
International, Inc.

General. CobraTech International, Inc. plans to create a western-themed resort
facility with entertainment, attractions and hotel rooms for overnight lodging,
to be located in the Southern California region of the United States. The
Company seeks to create a facility that depicts life in the old-west of the
1800s. The Company intends to develop this concept by doing the following:
identifying land to build the project on; conducting feasibility analysis on
identified land; obtaining financing to purchase the property; and attracting
developers to build hotels, restaurants, retail stores and attractions.

The success of the Company's business depends upon management's ability to
expand upon and develop the Company's western-themed attraction. Currently, the
Company has no material source of revenues. The potential success of the
Company's business concept is unproven, and, to be successful, management of the
Company must, among other things, develop and market concepts that achieve broad
market acceptance by potential developers and visitors.

Industry Background. The Company seeks to re-create the old west environment by
performing living history interpretations based on first person or generic
approximations of frontier people and events in the United States during the
1800s. Reenactment groups provide slices of history for public consumption, such
as street scenes, gunfights, cowboys on horseback or some other representation
of daily life. Typical reenactment companies attempt to portray history based on
the best research available, to prevent inaccuracies.

The reenactment and re-creation of historical lifestyles is a relatively small
industry segment. The companies encountered by Dead Man's Point in the
recreation industry to date are private or non-profit organizations. The
Company's research has not discovered publicly traded companies providing
representation of life in the old west.

The CobraTech International Concept. CobraTech International, Inc. seeks to
develop entertainment and lodging built around a recreation of a town depicting
life in the "old-west" United States in the 1800s. The Company seeks to
establish a base of operations in the Southern California region. The proposed
facilities include hotel rooms, recreational vehicle grounds, conference and
musical venues, retail stores and restaurants. These facilities will emphasize
the old west and mining era theme, with tenants that may not be available in a
typical urban shopping area. The historical concept will also provide
educational opportunities, where guests can learn about life in the old west.
The Company may feature live reenactments of the daily lifestyle and hardships
encountered in the United States during the 1800s.

The Company seeks to develop its concept in the Southern California region of
the United States, where management believes there is suitable demand for
lodging and entertainment facilities. The Company also believes that its
proposed area of operation will provide outdoor recreational opportunities for
visitors. The open land and various terrain available in Southern California
will allow the operation of black powder shooting ranges, horse back riding,
hiking and other outdoor activities.



                                       2
<PAGE>


The Company, however, has limited operating history, and must be considered a
developmental stage company. As such, the Company faces all of the risks
inherent in any new business and especially with a developmental stage company.
These risks include, but are not limited to, the identification and availability
of suitable property, competition for property, the ability of the Company to
attract developers, the ability of the Company to attract vendors, management of
the costs of conducting operations, securing required governmental approvals and
permits, general economic conditions and other factors, some of which are beyond
the control of the Company. There can be no assurance that the Company will be
successful in addressing these risks. Failure to successfully address these
risks could have a material adverse effect on the Company's business, financial
condition, results of operations or cash flows.

Government Regulation. The Company's business is subject to a variety of state
and local governmental regulations and licensing requirements relating to
entertainment and land development activities. Prior to commencing feasibility
studies on a project, the Company may be required to obtain permits and or
licenses to conduct operations.

The Company believes that the regulations governing the real estate operating
and developing industry will not have a material effect on its current
operations, which has been limited to developing its services and products and
establishing its web presence. However, various federal and state agencies may
propose new legislation that may adversely affect the Company's business,
financial condition and results of operations.

Employees. The Company presently has one full-time employee and no part-time
employee. The Company's employees are currently not represented by a collective
bargaining agreement, and the Company believes that its relations with its
employees are good.

ITEM 2. PROPERTIES.

The Company's corporate headquarters are located at 6511 Jasper Road, Sechelt,
British Columbia, Canada V0N 3A8. The office space is provided by an officer and
director of the Company at no cost to the Company. The Company does not have any
additional facilities. Additionally, there are currently no proposed programs
for the renovation, improvement or development of the property currently being
utilized by the Company. Management believes this is currently suitable as the
main administrative office and should remain so for the next approximately
twelve months.

ITEM 3 -- LEGAL PROCEEDINGS.

The Company is not subject to any legal proceedings.

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

Not applicable.

                                     PART II

ITEM 5 -- MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

Reports to Security Holders. The Company is a reporting company with the
Securities and Exchange Commission, or SEC. The public may read and copy any
materials filed with the SEC at the SEC's Public Reference Room at 450 Fifth
Street N.W., Washington, D.C. 20549. The public may also obtain information on
the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330.
The SEC maintains an Internet site that contains reports, proxy and information
statements, and other information regarding issuers that file electronically
with the SEC. The address of that site is http://www.sec.gov.

Prices of Common Stock. The Company is eligible to participate in the OTC
Bulletin Board, an electronic quotation medium for securities traded outside of
the Nasdaq Stock Market, and prices for our common stock are published on the
OTC Bulletin Board under the trading symbol "COBB". This market is extremely
limited and the prices quoted are not a reliable indication of the value of our
common stock.


                                       3
<PAGE>

On November 14, 2000, John A. Schaffer, President and chief executive officer of
Dead Man's Point,  Inc.,  resigned as a member of the Board of Directors  and as
the  Registrant's   President  and  chief  executive   officer.   Prior  to  his
resignation,  Mr. Schaffer elected Mr. John Devlin to the Board of Directors and
appointed Mr. Devlin as the President and chief executive  officer.  Concomitant
with his resignation, Mr. Schaffer returned 9,000,000 shares of the Registrant's
common  stock which were  previously  issued to him to the capital  stock of the
Registrant.  Mr. Devlin and then transferred  ownership of his remaining 500,000
common shares to Mr. Devlin.

On November 14, 2000, the Company's Board of Directors authorized a 30 to 1
forward split of the Company's common stock. That forward split was effectuated
through a dividend of 29 shares for every one share of common stock outstanding.
The record date for the stock dividend was November 9, 2000, with a pay date of
November 10, 2000. The stock dividend increased the Company's number of issued
and outstanding shares of common stock to 25,200,030. However, because that
number would have exceeded the Company's number of authorized shares of common
stock, which is 25,000,000, Mr. Devlin agreed to cancel 1,000,000 shares of the
common stock that he would have received after the dividend. Therefore, the
Company's number of issued and outstanding shares of common stock is 24,200,030.

Penny Stock Regulation. Shares of our common stock are subject to rules adopted
by the Securities and Exchange Commission that regulate broker-dealer practices
in connection with transactions in "penny stocks". Penny stocks are generally
equity securities with a price of less than $5.00 (other than securities
registered on certain national securities exchanges or quoted on the Nasdaq
system, provided that current price and volume information with respect to
transactions in those securities is provided by the exchange or system). The
penny stock rules require a broker-dealer, prior to a transaction in a penny
stock not otherwise exempt from those rules, deliver a standardized risk
disclosure document prepared by the Securities and Exchange Commission, which
contains the following:

    o    a description of the nature and level of risk in the market for penny
         stocks in both public offerings and secondary trading;
    o    a description of the broker's or dealer's duties to the customer and of
         the rights and remedies available to the customer with respect to
         violation to such duties or other requirements of securities' laws;
    o    a brief, clear, narrative description of a dealer market, including
         "bid" and "ask" prices for penny stocks and the significance of the
         spread between the "bid" and "ask" price;
    o    a toll-free telephone number for inquiries on disciplinary actions;
    o    definitions of significant terms in the disclosure document or in the
         conduct of trading in penny stocks; and
    o    such other information and is in such form (including language, type,
         size and format), as the Securities and Exchange Commission shall
         require by rule or regulation.

Prior to effecting any transaction in penny stock, the broker-dealer also must
provide the customer the following:

    o    the bid and offer quotations for the penny stock;
    o    the compensation of the broker-dealer and its salesperson in the
         transaction;
    o    the number of shares to which such bid and ask prices apply, or other
         comparable information relating to the depth and liquidity of the
         market for such stock; and
    o    monthly account statements showing the market value of each penny stock
         held in the customer's account.

In addition, the penny stock rules require that prior to a transaction in a
penny stock not otherwise exempt from those rules, the broker-dealer must make a
special written determination that the penny stock is a suitable investment for
the purchaser and receive the purchaser's written acknowledgment of the receipt
of a risk disclosure statement, a written agreement to transactions involving
penny stocks, and a signed and dated copy of a written suitably statement. These
disclosure requirements may have the effect of reducing the trading activity in
the secondary market for a stock that becomes subject to the penny stock rules.
Holders of shares of our common stock may have difficulty selling those shares
because our common stock will probably be subject to the penny stock rules.

ITEM 6 -- MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Forward Looking Statements

The statements contained in this report that are not historical facts are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act. Forward-looking statements are made based upon
management's current expectations and beliefs concerning future developments and
their potential effects upon the Company. There can be no assurance that future
developments affecting the Company will be those anticipated by management.



                                       4
<PAGE>


Actual results may differ materially from those included in the forward-looking
statements.

Readers are also directed to other risks and uncertainties discussed in other
documents filed by the Company with the Securities and Exchange Commission. The
Company undertakes no obligation to update or revise any forward-looking
information, whether as a result of new information, future developments or
otherwise.

Overview

The Company was organized March 30, 1999, and is considered to be a
developmental stage company engaged in the creation of a western- themed resort
facility. The Company has a limited operating history and has not generated
revenues from its operations. CobraTech International, Inc.'s activities have
been limited to start-up procedures. Consequently, the Company has incurred the
expenses of such procedures. Future operating results will depend on many
factors, including its ability to raise adequate working capital, demand for its
services, the level of competition and its ability to satisfy governmental
regulations and deliver its services while maintaining quality and controlling
costs.

Plan of Operation

Management of the Company believes that the need for additional capital going
forward will be derived somewhat from internal revenues and earnings generated
from the sale of its services. If the Company is unable to generate revenues
from its services, however, management believes the Company will need to raise
additional funds to meet its cash requirements. It is the intent of the Company
to seek to raise additional capital via a private placement offering. In the
meantime, management of the Company plans to advance funds to the Company on an
as-needed basis although there is no definitive or legally binding arrangement
to do so. The Company currently has no arrangements or commitments for accounts
and accounts receivable financing. There can be no assurance that any such
financing can be obtained or, if obtained that it will be on reasonable terms.
This is a development stage company. The Company believes that its initial
revenues will be primarily dependent upon the Company's ability to cost
effectively and efficiently develop a western-themed attraction. The Company
designates as its priorities for the next twelve (12) months of operations as
developing and marketing its services to establish its business in the real
estate services industry. Realization of sales of the Company's services during
the fiscal year ending December 31, 2000 is vital to its plan of operations.
There are no guarantees that the Company will be able to compete successfully or
that the competitive pressures the Company may face will not have a material
adverse effect on the Company's business, results of operations and financial
condition. Additionally, a superior competitive service could force the Company
out of business.

Results of Operations

Period from March 30, 1999 (Inception) to December 31, 2000.

The operational period from March 30, 1999 (Inception) to December 31, 2000,
achieved two main goals for the Corporation. The Company's goals were the
formation of the organization to pursue the Company's business objective and to
obtain sufficient capital to commence initial operations.

Revenues. Cobra Tech International, Inc. is a developmental stage company. The
Company has not generated any revenues to date. The Company has devoted
substantially all of its present efforts to: (1) developing its presence in the
real estate services market, (2) marketing its services to the general public
and (3) maintaining its 12(g) reporting requirements with the Securities Act of
1934 and its commencement of trading on the NASD Over-the-Counter Bulletin Board
("OTC-BB").

Expenses. The Company incurred significant expenses for the operating period
December 31, 1999 to December 31, 2000, totaling $5,599. Expenditures were
primarily due to costs incurred for professional fees, services and general and
administrative expenses. The Company's professional and service expenses were
incurred from its public listing process on the NASD's OTC-BB which included the
process of the public offering in the State of Nevada, state Blue Sky
registrations, attorneys' fees, escrow and EDGARization costs related to the
offering, and audits and public filing costs.


                                       5
<PAGE>

Net Loss. Due to the significant operating expenses, CobraTech International,
Inc. experienced a net loss of $5,599. The Company anticipated incurring this
loss during the initial commencement of operations until such time that it will
realize revenues from operations in the fiscal year 2001.

Liquidity and Capital Resources

The Company has generated no revenues during this period and it is unknown when
it will generate significant revenues. It is anticipated that the Company will
realize revenues from its services during the next twelve (12) months, of which
the Company cannot guarantee. The receipt of funds from Private Placement
Offerings or loans obtained through private and public sources by CobraTech
International, Inc. may be anticipated to offset its near term cash equivalents
for the next twelve (12) months. The Company has financed its cash flow
requirements through issuance of common stock. During its normal course of
business, the Company may experience net negative cash flows from operations,
pending receipt of revenues. Further, the Company may be required to obtain
additional financing to fund operations through common stock offerings and bank
borrowings, to the extent available, or to obtain additional financing to the
extent necessary to augment its working capital.

ITEM 7. FINANCIAL STATEMENTS.




G. BRAD BECKSTEAD
----------------------------
Certified Public Accountant                                 330 E. Warm Springs
                                                            Las Vegas, NV 89119
                                                            702.257.1984
                                                            702.362.0540 (fax)




                          INDEPENDENT AUDITOR'S REPORT

March 8, 2002

Board of Directors
Cobra Tech International, Inc.
[formerly Dead Man's Point, Inc.]
Las Vegas, NV

I have audited the restated Balance Sheets of Cobra Tech International, Inc.
[formerly Dead Man's Point, Inc.] (the "Company") (a Development Stage Company),
as of December 31, 2000 and 1999, and the related restated Statements of
Operations, restated Stockholders' Equity, and restated Cash Flows for the years
then ended, and for the period March 30, 1999 (Date of Inception) to December
31, 2000. 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 includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statement presentation. 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 restated balance sheets of Cobra Tech International, Inc.
as of December 31, 2000 and 1999, and its related restated statements of
operations, equity and cash flows for the years then ended, and for the period
March 30, 1999 (Date of Inception) to December 31, 2000, 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 in Note 4 to the financial
statements, the Company has had limited operations and have not commenced
planned principal operations. This raises substantial doubt about its ability to
continue as a going concern. Management's plan in regard to these matters are
also described in Note 4. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.



G. Brad Beckstead, CPA



                                       6
<PAGE>



                         Cobra Tech International, Inc.
                        [formerly Dead Man's Point, Inc.]
                          (a Development Stage Company)
                            Balance Sheet - restated


<TABLE>
<CAPTION>
                                                                                   December 31,            December 31,
                                                                                      2000                     1999
                                                                               ---------------------    --------------------
<S>                                                                                   <C>                       <C>
Assets

Current assets:
    Cash                                                                       $                 19     $               459
    Loan to stockholder                                                                       9,511                   9,511
                                                                               ---------------------    --------------------
      Total current assets                                                                    9,530                   9,970
                                                                               ---------------------    --------------------

                                                                               $              9,530     $             9,970
                                                                               =====================    ====================

Liabilities and Stockholders' Equity

Current liabilities:
    Accounts payable                                                           $                  -     $                50
    Loan from stockholder                                                                     8,334                   3,125
                                                                               ---------------------    --------------------
      Total current liabilities                                                               8,334                   3,175
                                                                               ---------------------    --------------------

                                                                                              8,334                   3,175
                                                                               ---------------------    --------------------

Stockholders' equity:
    Common stock, $0.001 par value, 25,000,000 shares
      authorized, 24,200,030 and 9,840,001 shares
      issued and outstanding as of 12/31/00 and 12/31/99, respectively                       24,200                   9,840
    Additional paid-in capital                                                                9,860                   9,860
    Treasury stock                                                                           10,000                       -
    (Deficit) accumulated during development stage                                          (42,864)                (12,905)
                                                                               ---------------------    --------------------
                                                                                              1,196                   6,795
                                                                               ---------------------    --------------------

                                                                               $              9,530     $             9,970
                                                                               =====================    ====================
</TABLE>



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

                                       7
<PAGE>



                         Cobra Tech International, Inc.
                        [formerly Dead Man's Point, Inc.]
                          (a Development Stage Company)
                       Statement of Operations - restated

<TABLE>
<CAPTION>
                                                                                                               March 30, 1999
                                                                        Years ending December 31,              (Inception) to
                                                               ------------------------------------------        December 31,
                                                                      2000                   1999                   2000
                                                               -------------------    -------------------    -------------------
<S>                                                                   <C>                    <C>                     <C>
Revenue                                                        $                -     $                -     $                -
                                                               -------------------    -------------------    -------------------
Expenses:
   General administrative expenses                                          5,599                 12,905                 18,504
                                                               -------------------    -------------------    -------------------
     Total expenses                                                         5,599                 12,905                 18,504
                                                               -------------------    -------------------    -------------------

Net (loss)                                                     $           (5,599)    $          (12,905)    $          (18,504)
                                                               ===================    ===================    ===================
Weighted average number of
   common shares outstanding - basic and fully diluted                 24,200,030              9,840,001
                                                               ===================    ===================

Net (loss) per share - basic and fully diluted                 $            (0.00)    $            (0.00)
                                                               ===================    ===================
</TABLE>




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

                                       8
<PAGE>



                         Cobra Tech International, Inc.
                        [formerly Dead Man's Point, Inc.]
                          (A Development Stage Company)
             Statement of Changes in Stockholders' Equity - restated
     For the period March 30, 1999 (Date of Inception) to December 31, 2000



<TABLE>
<CAPTION>
                                                                                                           (Deficit)
                                                                                                          Accumulated
                                                 Common Stock        Additional                             During        Total
                                           -------------------------  Paid-in    Treasury   Subscription    Develop    Stockholders'
                                              Shares       Amount     Capital     Stock      Receivable      Stage        Equity
                                           ------------  ----------- ---------- ----------  ------------ ------------- -------------
<S>                                            <C>          <C>         <C>        <C>           <C>          <C>           <C>
March 31, 1999
 Shares issued for subscription receivable   9,500,000   $    9,500  $        - $        -  $     (9,500) $          - $          -

April 1, 1999
    Shares issued for cash                     340,001          340       9,860                                              10,200

August 20, 1999
 Cash received for subscription receivable                                               -         9,500                      9,500

Net (loss) for the year ended
    December 31, 1999                                                                                          (12,905)     (12,905)
                                           ------------ ------------ ---------- ----------  ------------ -------------  -----------

Balance, December 31, 1999                   9,840,001        9,840       9,860          -            -        (12,905)       6,795

Cancelled shares                            (9,000,000)      (9,000)                 9,000                                        -

30-for-1 stock dividend                     24,360,029       24,360                                            (24,360)           -

Cancelled shares                            (1,000,000)      (1,000)                 1,000                                        -

Net (loss) for the year ended
    December 31, 2000                                                                                           (5,599)      (5,599)
                                           ------------ ------------ ---------- ----------  ------------ -------------  ------------

Balance, December 31, 2000                  24,200,030  $    24,200  $    9,860 $   10,000  $          - $     (42,864) $     1,196
                                           ============ ============ ========== ==========  -=========== -============  ============
</TABLE>




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

                                       9
<PAGE>



                Cobra Tech International, Inc.
              [formerly Dead Man's Point, Inc.]
                (a Development Stage Company)
              Statement of Cash Flows - restated


<TABLE>
<CAPTION>
                                                                                                    March 30, 1999
                                                              Years ending December 31,             (Inception) to
                                                       ----------------------------------------       December 31,
                                                             2000                 1999                  2000
                                                       -----------------    -------------------   -------------------
<S>                                                         <C>                    <C>                   <C>
Cash flows from operating activities
Net loss                                               $         (5,599)    $          (12,905)   $          (18,504)
Adjustments to reconcile net income to net cash used
    by operating activities:
      (Increase) decrease in:
        Loan to stockholder                                           -                 (9,511)               (9,511)
      Increase (decrease) in:
        Accounts payable                                            (50)                    50                     -
        Loan from stockholder                                     5,209                  3,125                 8,334
                                                       -----------------    -------------------   -------------------
Net cash used by operating activities                              (440)               (19,241)              (19,681)
                                                       -----------------    -------------------   -------------------

Cash flows from investing activities
Net cash provided (used) by investing activities                      -                      -                     -
                                                       -----------------    -------------------   -------------------

Cash flows from financing activities
    Issuance of common stock                                          -                 19,700                19,700
                                                       -----------------    -------------------   -------------------
Net cash provided by financing activities                             -                 19,700                19,700
                                                       -----------------    -------------------   -------------------
Net (decrease) increase in cash                                    (440)                   459                    19
Cash - beginning                                                    459                      -                     -
                                                       -----------------    -------------------   -------------------
Cash - ending                                          $             19     $              459    $               19
                                                       =================    ===================   ===================

Supplemental disclosures:
    Interest paid                                      $              -     $                -    $                -
                                                       =================    ===================   ===================
    Income taxes paid                                  $              -     $                -    $                -
                                                       =================    ===================   ===================
</TABLE>



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

                                       10
<PAGE>





                         Cobra Tech International, Inc.
                        [formerly Dead Man's Point, Inc.]
                          (a Development Stage Company)
                          Notes to Financial Statements



Note 1 - Significant accounting policies and procedures

Organization
-------------
The Company was organized March 30, 1999 (date of inception) under the laws of
the State of Nevada, as Dead Man's Point, Inc. Subsequently, the Company changed
its name to Cobra Tech International, Inc.

The Company has limited operations and in accordance with SFAS #7, the Company
is considered a development stage company.

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 and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenue and expenses during the reporting period. Actual
results could differ from those estimates.

Cash and cash equivalents
-------------------------
The Company maintains a cash balance in a non-interest-bearing account that
currently does not exceed federally insured limits. For the purpose of the
statements of cash flows, all highly liquid investments with an original
maturity of three months or less are considered to be cash equivalents.

Revenue recognition
-------------------
The Company recognizes revenue on an accrual basis as it invoices for services.

Reporting on the costs of start-up activities
---------------------------------------------
Statement of Position 98-5 (SOP 98-5), "Reporting on the Costs of Start-Up
Activities," which provides guidance on the financial reporting of start-up
costs and organizational costs, requires most costs of start-up activities and
organizational costs to be expensed as incurred. SOP 98-5 is effective for
fiscal years beginning after December 15, 1998. With the adoption of SOP 98-5,
there has been little or no effect on the Company's financial statements.

Loss per share
---------------
Net loss per share is provided in accordance with Statement of Financial
Accounting Standards No. 128 (SFAS #128) "Earnings Per Share". Basic loss per
share is computed by dividing losses available to common stockholders by the
weighted average number of common shares outstanding during the period. The
Company had no dilutive common stock equivalents, such as stock options or
warrants as of December 31, 2000.

Advertising Costs
-----------------
The Company expenses all costs of advertising as incurred. There were no
advertising costs included in selling, general and administrative expenses in
2000.

Fair value of financial instruments
-----------------------------------
Fair value estimates discussed herein are based upon certain market assumptions
and pertinent information available to management as of December 31, 2000. The
respective carrying value of certain on-balance-sheet financial instruments
approximated their fair values. These financial instruments include cash and
accounts payable. Fair values were assumed to approximate carrying values for
cash and payables because they are short term in nature and their carrying
amounts approximate fair values or they are payable on demand.

Impairment of long lived assets
-------------------------------
Long lived assets held and used by the Company are reviewed for possible
impairment whenever events or circumstances indicate the carrying amount of an
asset may not be recoverable or is impaired. No such impairments have been
identified by management at December 31, 2000.



                                       11
<PAGE>



                         Cobra Tech International, Inc.
                        [formerly Dead Man's Point, Inc.]
                          (a Development Stage Company)
                          Notes to Financial Statements


Segment reporting
-----------------
The  Company  follows  Statement  of  Financial  Accounting  Standards  No. 130,
"Disclosures  About  Segments of an  Enterprise  and Related  Information".  The
Company  operates  as a single  segment  and will  evaluate  additional  segment
disclosure requirements as it expands its operations.

Dividends
---------
The Company has not yet adopted any policy regarding payment of dividends. No
dividends have been paid or declared since inception.

Recent pronouncements
---------------------
The FASB recently issued Statement No. 137, "Accounting for Derivative
Instruments and Hedging Activities-Deferral of Effective Date of FASB Statement
No. 133". The Statement defers for one year the effective date of FASB Statement
No. 133, "Accounting for Derivative Instruments and Hedging Activities". The
rule now will apply to all fiscal quarters of all fiscal years beginning after
June 15, 2000. In June 1998, the FASB issued SFAS No. 133, "Accounting for
Derivative Instruments and Hedging Activities." The Statement will require the
company to recognize all derivatives on the balance sheet at fair value.
Derivatives that are not hedges must be adjusted to fair value through income,
if the derivative is a hedge, depending on the nature of the hedge, changes in
the fair value of derivatives will either be offset against the change in fair
value of the hedged assets, liabilities, or firm commitments through earnings or
recognized in other comprehensive income until the hedged item is recognized in
earnings. The ineffective portion of a derivative's change in fair value will be
immediately recognized in earnings. The company does not expect SFAS No. 133 to
have a material impact on earning s and financial position.

In  December  1999,  the  Securities  and  Exchange  Commission  released  Staff
Accounting  Bulletin No. 101, Revenue  Recognition in Financial  Statements (SAB
No.  101),  which  provides  guidance  on  the  recognition,   presentation  and
disclosure  of revenue in financial  statements.  SAB No. 101 did not impact the
company's revenue recognition policies.

Note 2 - Income taxes

Income taxes are provided for using the liability method of accounting in
accordance with Statement of Financial Accounting Standards No. 109 (SFAS #109)
"Accounting for Income Taxes". A deferred tax asset or liability is recorded for
all temporary differences between financial and tax reporting. Deferred tax
expense (benefit) results from the net change during the year of deferred tax
assets and liabilities. There is no provision for income taxes for the period
ended September 30, 2000, due to the net loss and no state income tax in Nevada,
the state of the Company's domicile and operations.

Note 3 - Stockholders' equity

The Company is authorized to issue 25,000,000 shares of $0.001 par value common
stock.

On March 31, 1999, the Company issued 9,500,000 shares of its $0.001 par value
common stock to a stockholder in exchange for a subscription receivable in the
amount of $9,500.

On April 1, 1999, the Company issued 340,001 shares of its $0.001 par value
common stock to stockholders in exchange for cash of $10,200.

On August 20, 1999, the Company canceled the subscription receivable and
deposited $9,500 into the corporate checking account.

On November 14, 2000, the Company's president and CEO resigned. Concomitant with
his resignation, he returned 9,000,000 shares of common stock to the Company.
The Company cancelled these shares and returned them to treasury stock.



                                       12
<PAGE>



                         Cobra Tech International, Inc.
                        [formerly Dead Man's Point, Inc.]
                          (a Development Stage Company)
                          Notes to Financial Statements


On November 14, 2000, the Company's board of directors approved a 30-for-1 stock
forward split resulting in an issuance of 29 shares for every one share
outstanding treated as a stock dividend. Concurrent with the stock dividend, the
Company's major shareholder returned 1,000,000 shares to the Company to be
cancelled and returned to treasury stock. The resulting number of shares issued
and outstanding is 24,200,030.

There have been no other issuances of common stock.

Note 4 - Going concern

The Company's financial statements are prepared using the generally accepted
accounting principles applicable to a going concern, which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business. Without realization of additional capital, it would be unlikely for
the Company to continue as a going concern. Because the Company does not have
significant cash or other material assets nor does it an established source of
revenue sufficient to cover its operating costs, the stockholders/officers will
continue advancing enough cash to cover the operating costs the company. The
advances do not bear any interest. Additionally, the Company intends to sell
additional shares of its $0.001 par value common stock when it is listed on the
NASDAQ bulletin board.

Note 5 - Related party transactions

The Company does not lease or rent any property. Office services are provided
without charge by a director/stockholder. Such costs are immaterial to the
financial statements and, accordingly, have not been reflected therein.

The officers and directors of the Company are involved in other business
activities and may, in the future, become involved in other business
opportunities. If a specific business opportunity becomes available, such
persons may face a conflict in selecting between the Company and their other
business interests. The Company has not formulated a policy for the resolution
of such conflicts.

Note 6 - Warrants and options

There are no warrants or options outstanding to acquire any additional shares of
common stock.



                                       13
<PAGE>



ITEM 8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS.

There have been no changes in or disagreements with our accountants since our
formation required to be disclosed pursuant to Item 304 of Regulation S-B.

                                    PART III

ITEM  9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS.

Our directors and principal executive officers are as specified on the following
table:

================ =============== ==============================================
Name                  Age        Position
---------------- --------------- ----------------------------------------------
John Devlin            44        president, secretary, treasurer and a director
================ =============== ==============================================

John Devlin. Mr. Devlin has been the president, secretary, treasurer and a
director of the Company since November 2000. Mr. Devlin is primarily responsible
for our day to day operations. Mr. Devlin is also the principal financial and
accounting officer of the Company. Mr. Devlin is not an officer or director of
any other reporting company.

On November 14, 2000, John A. Schaffer, the former President and chief executive
officer of Dead Man's Point, Inc., resigned as a member of the Board of
Directors and as the Company's President and chief executive officer. Prior to
his resignation, Mr. Schaffer elected Mr. John Devlin to the Board of Directors
and appointed Mr. Devlin as the President and chief executive officer. On this
same date, Mr. Devlin accepted his appointment to the Board of Directors and the
title of President and chief executive officer. Also on November 14, 2000, the
Registrant's Secretary, Kathy J. Schaffer, and the Company's Treasurer, Dorothy
J. Cornish, submitted their resignations. These resignations were accepted by
the Board of Directors on November 14, 2000.

There is no family relationship between any of our officers or directors. There
are no orders, judgments, or decrees of any governmental agency or
administrator, or of any court of competent jurisdiction, revoking or suspending
for cause any license, permit or other authority to engage in the securities
business or in the sale of a particular security or temporarily or permanently
restraining any of our officers or directors from engaging in or continuing any
conduct, practice or employment in connection with the purchase or sale of
securities, or convicting such person of any felony or misdemeanor involving a
security, or any aspect of the securities business or of theft or of any felony.
Nor are any of the officers or directors of any corporation or entity affiliated
with us so enjoined.



                                       14
<PAGE>


Section 16(a) Beneficial Ownership Reporting Compliance. We are not aware if our
officers, directors, and principal shareholders have filed all reports required
to be filed on, respectively, a Form 3 (Initial Statement of Beneficial
Ownership of Securities), a Form 4 (Statement of Changes of Beneficial Ownership
of Securities), or a Form 5 (Annual Statement of Beneficial Ownership of
Securities).

ITEM 10. EXECUTIVE COMPENSATION.

The following table sets forth all cash compensation to be paid by the Company
to its officers, directors, and significant employees.
<TABLE>
<CAPTION>
============================================ ======= ============= ============= ===================== =========================
<S>                                            <C>        <C>           <C>               <C>                    <C>
Name and Principal Position                   Year      Annual      Bonus ($)        Other Annual       All Other Compensation
                                                      Salary ($)                   Compensation ($)
-------------------------------------------- ------- ------------- ------------- --------------------- -------------------------
John Devlin - president, secretary,          2000        None          None              None                    None
treasurer and director
============================================ ======= ============= ============= ===================== =========================
</TABLE>
No executive officer of the Company prior to December 31, 2000 drew a salary
from the Company. There were no arrangements, pursuant to which any director of
the Company was compensated for the period from inception for any service
provided as a director. While the Company's only director is its current
executive officers who are already drawing a salary for the management of the
Company it may be necessary for the Company to compensate newly appointed
Directors in order to attract a quality governance team. At this time the
Company has not identified any specific individuals or candidates nor has it
entered into any negotiations or activities in this regard.

Employment Agreements. The Company does not currently have employment agreements
with its executive officers but expects to sign employment agreements with each
in the near future.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The following table sets forth certain information regarding the beneficial
ownership of our common stock as of December 31, 2000, by each person or entity
known by us to be the beneficial owner of more than 5% of the outstanding shares
of common stock, each of our directors and named executive officers, and all of
our directors and executive officers as a group.
<TABLE>
<CAPTION>
=================== ===================================== ================================ =========================
<S>                                    <C>                             <C>                             <C>
                                Name and Address                 Amount and Nature             Percent of Class
 Title of Class               of Beneficial Owner              of Beneficial Owner
------------------- ------------------------------------- -------------------------------- -------------------------
Common Stock        John Devlin
                    6511 Jasper Road,                       14,000,000 shares, director             57.85%
                    Sechelt, British Columbia Canada
------------------- ------------------------------------- -------------------------------- -------------------------
Common Stock        All directors and named executive            14,000,000 shares                  57.85%
                    officers as a group
=================== ===================================== ================================ =========================
</TABLE>

Beneficial ownership is determined in accordance with the rules of the
Securities and Exchange Commission and generally includes voting or investment
power with respect to securities. In accordance with Securities and Exchange
Commission rules, shares of our common stock which may be acquired upon exercise
of stock options or warrants which are currently exercisable or which become
exercisable within 60 days of the date of the table are deemed beneficially
owned by the optionees. Subject to community property laws, where applicable,
the persons or entities named in the table above have sole voting and investment
power with respect to all shares of our common stock indicated as beneficially
owned by them.

Changes in Control. Our management is not aware of any arrangements which may
result in "changes in control" as that term is defined by the provisions of Item
403(c) of Regulation S-B.



                                       15
<PAGE>


ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

None.

ITEM 13. EXHIBITS

(a) Exhibits:

3.1      Articles of Incorporation*
3.2      By-Laws*
3.3      Certificate of Amendment to Articles of Incorporation**

*        Filed as an exhibit to the Company's Registration Statement on Form
         10-SB and amendments thereto, and is incorporated herein by reference.
**       Filed as an exhibit to the Company's Form 8-K, Amendment No. 1, and
         is incorporated herein by reference.





                                       16
<PAGE>




                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned in the City of Sechelt, British Columbia, Canada, on March 11, 2002.


CobraTech International, Inc.

By:      /s/ John Devlin
         -----------------------------------------------------
         John Devlin
Its:     President, Secretary, Treasurer and Director

In accordance with the Exchange 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/ John Devlin
         -----------------------------------------------------
         John Devlin
Its:     President, Secretary, Treasurer and Director