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                         SECURITIES EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                   For the Fiscal Year Ended December 31, 2003
                           Commission File No. 0-23761

                      ADVANCED TECHNOLOGY INDUSTRIES, INC.
                      ------------------------------------
                 (Name of small business issuer in its charter)

           Delaware                                              13-4000208
           --------                                              ----------
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

                            Seydelstrasse 28, D-10117
                                 Berlin, Germany
                    (Address of principal executive offices)
                    Issuer's telephone number: 49 30 201-7780

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

Securities registered pursuant to Section 12(g) of the Act: Common Stock
                                                          (Title of class)

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

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best or 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. [ ]

Issuer's revenues for its most recent fiscal year:  $ 0

At July 13, 2004 there were 55,708,433 outstanding shares of registrant's common
stock held by non-affiliates, with a market value of approximately $7,520,683
based on a closing bid quotation on the NASD OTC Bulletin Board on that date of
$0.125 per share.

Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 and 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Not applicable

At July 13, 2004, a total of 70,887,270 shares of registrant's common stock were
outstanding.

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

                                EXPLANATORY NOTE

This Amendment Number 1 on Form 10-KSB/A ("Amendment") amends our Annual Report
on Form 10-KSB for the year ended December 31, 2003, originally filed on May 18,
2004 (the "Original Filing"). We are refiling Part II Item 13 to include a
certain certification. In addition, pursuant to the rules of the Securities and
Exchange Commission, we are including with this Amendment certain currently
dated certifications.

Except as noted above, no other changes have been made to the Original Filing.
The filing of this Amendment is not a representation that any statements
contained in our Annual Report on Form 10-KSB other than Part II, Item 13 are
true or complete as of any date subsequent to the date of the Original Filing.

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PART III

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K

         (a) Exhibits.


Exhibit 2.1 Agreement and Plan of Merger, dated as June 18, 2003, among Advanced
Technology Industries, Inc., LTDnetwork, Inc. and LTDN Acquisition Corp. (1)

Exhibit 2.2 Conversion Agreement, dated as of June 19, 2003, between LTDnetwork,
Inc. and the Advanced Technology Industries, Inc. (1)

Exhibit 2.3 Asset Purchase Agreement, dated as of July 11, 2003, among Advanced
Technology Industries, Inc., Alfa-Pro Products Gmbh and Alice Schlattl (2)

Exhibit 2.4 Assignment of Shares, dated April 29, 2002, between Alice Schlattl
and Advanced Technology Industries, Inc. (this copy of the contract has been
translated from the executed version which was written in German) (2)

Exhibit 10.1 Release and Stock Purchase Agreement, dated as of July 15, 2003,
between James Samuelson and Advanced Technology Industries, Inc. (2)

Exhibit 10.2 Stock Subscription Agreement, dated as of July 28, 2003, among
Advanced Technology Industries, Inc., ATI Nuklear AG, Nuclear Technologies,
Inc., Hans-Joachim Skrobanek and Peter Goerke. (2)

Exhibit 31.1 Certification of the Principal Executive Officer pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant's
Annual Report on Form 10-KSB for the period ended December 31, 2003 (3)

Exhibit 31.2 Certification of the Principal Financial Officer pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant's
Annual Report on Form 10-KSB for the period ended December31, 2003 (3)

Exhibit 32 Certification of the Principal Executive Officer and the Principal
Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
with respect to the registrant's Annual Report on Form 10-KSB for the period
ended December 30, 2003 (3)

 (1) Incorporated by reference from the registrant's Quarterly Report on Form
10-QSB for the quarter ended March 31, 2003 (File No. 0-230761)

(2) Incorporated by reference from the registrant's Quarterly Report on Form
10-QSB for the quarter ended June 30, 2003

(3) Filed herewith


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                                   SIGNATURES

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.



                      ADVANCED TECHNOLOGY INDUSTRIES, INC.

Dated: July 13, 2004             By:   /s/ Hans-Joachim Skrobanek
                                       --------------------------------
                                       Hans-Joachim Skrobanek, President

Dated: July 13, 2004             By:   /s/ James Samuelson
                                       --------------------------------
                                       James Samuelson
                                       Chief Financial Officer


In accordance with the Exchange Act, this report has been signed below by the
following persons in the capacities and on the dates indicated.


Dated: July 13, 2004             By:   /s/ Hans-Joachim Skrobanek
                                       --------------------------------
                                       Hans-Joachim Skrobanek, Director

Dated: July 13, 2004             By:   /s/ Hans-Joachim Schuerholz
                                       --------------------------------
                                       Hans-Joachim Schuerholz, Director



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                           INDEX TO EXHIBITS

Exhibit 2.1 Agreement and Plan of Merger, dated as June 18, 2003, among Advanced
Technology Industries, Inc., LTDnetwork, Inc. and LTDN Acquisition Corp. (1)

Exhibit 2.2 Conversion Agreement, dated as of June 19, 2003, between LTDnetwork,
Inc. and the Advanced Technology Industries, Inc. (1)

Exhibit 2.3 Asset Purchase Agreement, dated as of July 11, 2003, among Advanced
Technology Industries, Inc., Alfa-Pro Products Gmbh and Alice Schlattl (2)

Exhibit 2.4 Assignment of Shares, dated April 29, 2002, between Alice Schlattl
and Advanced Technology Industries, Inc. (this copy of the contract has been
translated from the executed version which was written in German) (2)

Exhibit 10.1 Release and Stock Purchase Agreement, dated as of July 15, 2003,
between James Samuelson and Advanced Technology Industries, Inc. (2)

Exhibit 10.2 Stock Subscription Agreement, dated as of July 28, 2003, among
Advanced Technology Industries, Inc., ATI Nuklear AG, Nuclear Technologies,
Inc., Hans-Joachim Skrobanek and Peter Goerke. (2)

Exhibit 31.1 Certification of the Principal Executive Officer pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant's
Annual Report on Form 10-KSB for the period ended December 31, 2003 (3)

Exhibit 31.2 Certification of the Principal Financial Officer pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002, with respect to the registrant's
Annual Report on Form 10-KSB for the period ended December31, 2003 (3)

Exhibit 32 Certification of the Principal Executive Officer and the Principal
Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
with respect to the registrant's Annual Report on Form 10-KSB for the period
ended December 30, 2003 (3)

 (1) Incorporated by reference from the registrant's Quarterly Report on Form
10-QSB for the quarter ended March 31, 2003 (File No. 0-230761)

(2) Incorporated by reference from the registrant's Quarterly Report on Form
10-QSB for the quarter ended June 30, 2003

(3) Filed herewith


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