<PAGE>


            U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, DC 20549

                          FORM 10-QSB



(Mark One)

[X]  Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
     of 1934

For the quarterly period ended             9/30/01
                                   -----------------------

[ ]  Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from ___________ to ______________

Commission file number                        811-3584
                       ---------------------------------------------------------


                                        Indigo Energy, Inc.
--------------------------------------------------------------------------------
        (Exact Name of Small Business Issuer as Specified in Its Charter)

           Delaware                                           13-4105842
-------------------------------                    -----------------------------
(State or Other Jurisdiction of                            (I.R.S. Employer
 Incorporation or Organization)                           Identification No.)


                   535 Westgate Drive, Napa, California 94558
--------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)


                                 (707) 254-9302
--------------------------------------------------------------------------------
                           (Issuer's Telephone Number)



--------------------------------------------------------------------------------
         (Former Name, Former Address and Former Fiscal year, if Changed
                               Since Last Report)


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 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
    ---------                 --------

As of September 30, 2001, 11,486,800 shares of the issuer's common
stock, par value $0.001 per share, were outstanding.

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



<PAGE>

                                Table of Contents
<TABLE>
<CAPTION>

                                                                                                          Page
<S>               <C>                                                                                     <C>
Part I.......................................................................................................1

        Item 1.   Condensed Financial Statements

                  Balance Sheets as of September 30, 2001 and December 31, 2000..............................2

                  Interim Statements of Operations for the Three Months and Nine
                  Months Ended September 30, 2001, and 2000 and Cumulative from
                  Inception on March 8, 2000 to September 30, 2001)..........................................4

                  Interim Statements of Cash Flows for the Nine Months Ended
                  September 30, 2001, and 2000 and Cumulative from Inception on March 8, 2000 to
                  September 30, 2001.........................................................................5

                  Statement of Stockholders' Equity (Deficit) for the period
                  March 8, 2000 (Inception) to September 30, 2001............................................6

                  Notes to Interim Financial Statements for the Nine Months
                  Ended September 30, 2001...................................................................7

        Item 2.   Management's Discussion and Analysis of
                  Financial Condition and Results of Operation.............................................. 9

Part II.....................................................................................................10

        Item 2.   Changes in Securities.....................................................................10

        Item 6.   Exhibits and Reports on Form 8-K..........................................................10

</TABLE>











<PAGE>


                               INDIGO ENERGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                                   FORM 10-QSB

                    FOR THE QUARTER ENDED SEPTEMBER 30, 2001






PART 1.  FINANCIAL INFORMATION

         ITEM 1.   FINANCIAL STATEMENTS

                   BALANCE SHEETS AS OF SEPTEMBER 30, 2001 AND DECEMBER 31, 2000

                   INTERIM STATEMENTS OF OPERATIONS FOR THE THREE MONTHS AND
                   NINE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000 AND CUMULATIVE
                   FROM INCEPTION ON MARCH 8, 2000 TO SEPTEMBER 30, 2001

                   INTERIM STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED
                   SEPTEMBER 30, 2001 AND 2000 AND CUMULATIVE FROM INCEPTION ON
                   MARCH 8, 2000 TO SEPTEMBER 30, 2001

                   STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) FOR THE PERIOD
                   MARCH 8, 2000 (INCEPTION) TO SEPTEMBER 30, 2001

                   NOTES TO INTERIM FINANCIAL STATEMENTS FOR THE NINE MONTHS
                   ENDED SEPTEMBER 30, 2001









                                       1
<PAGE>


                               INDIGO ENERGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                                 BALANCE SHEETS
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                            SEPTEMBER 30,   DECEMBER 31,
                                                                2001            2000
                                                            -------------   ------------
<S>                                                             <C>          <C>
                        ASSETS

CURRENT ASSETS

   Cash                                                         $  3,041     $ 11,050
   Receivable - shared research cost                                 -         10,000
   Prepaid expenses                                                6,830          -
   Advances to officers (stockholders)                            99,524       39,142
   Advances to service provider                                   24,000          -
                                                                --------     --------

     TOTAL CURRENT ASSETS                                        133,395       60,192
                                                                --------     --------
FIXED ASSETS - EQUIPMENT - Net of accumulated
   depreciation of $920 and $368, respectively                     2,762        3,314
                                                                --------     --------
OTHER ASSETS

   Expenses preparatory to a public offering of the Company's
      common stock                                                   -        100,855
   Patent application costs                                       48,294       12,578
                                                                --------     --------
     TOTAL OTHER ASSETS                                           48,294      113,433
                                                                --------     --------
                                                                $184,451     $176,939
                                                                ========     ========
</TABLE>











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




                                       2
<PAGE>

<TABLE>
<CAPTION>

                                                            SEPTEMBER 30,   DECEMBER 31,
                                                                2001            2000
                                                            -------------   ------------
<S>                                                          <C>             <C>

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

   Accounts payable                                           $ 265,986      $ 150,285
   Accrued interest payable                                      35,333            -
   Convertible notes payable                                    100,000            -
                                                              ---------      ---------
     TOTAL CURRENT LIABILITIES                                  401,319        150,285
                                                              ---------      ---------

STOCKHOLDERS' EQUITY (DEFICIT)

   Preferred stock, $0.001 par value per share:
      Authorized and unissued 10,000,000 shares
   Common stock, $0.001 par value per share:
      Authorized 90,000,000 shares
      Issued and outstanding 11,486,800 and
      10,486,800 shares, respectively                            11,487         10,487
   Additional paid-in capital                                   518,958        303,313
   Deficit accumulated during the development stage            (747,313)      (287,146)
                                                              ---------      ---------
     TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                      (216,868)        26,654
                                                              ---------      ---------
                                                              $ 184,451      $ 176,939
                                                              =========      =========
</TABLE>








                                       3
<PAGE>


                               INDIGO ENERGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                        INTERIM STATEMENTS OF OPERATIONS
                    (With Cumulative Figures from Inception)
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                                                        MARCH 8, 2000
                                          THREE MONTHS ENDED       NINE MONTHS ENDED   (INCEPTION) TO
                                            SEPTEMBER 30,           SEPTEMBER 30,(*)    SEPTEMBER 30,
                                            -------------           ----------------    -------------
                                          2001         2000        2001          2000       2001
                                          ----         ----        ----          ----       ----
<S>                                    <C>          <C>          <C>          <C>          <C>
REVENUE                                $     -      $     -      $     -      $     -      $     -
                                       ---------    ---------    ---------    ---------    ---------

EXPENSES
 Research and development expenses        49,833       47,162      197,023       76,939      384,542
 General and administrative expenses      67,521       38,843      227,259       57,342      327,443
 Interest expense                         35,333          -         35,333          -         35,333
 Depreciation                                184          236          552          276          920
                                       ---------    ---------    ---------    ---------    ---------

TOTAL EXPENSES                           152,871       86,241      460,167      134,557      748,238
                                       ---------    ---------    ---------    ---------    ---------

INTEREST INCOME                        $     -            635    $     -            635          925
                                       ---------    ---------    ---------    ---------    ---------

NET LOSS                               $(152,871)   $ (85,606)   $(460,167)   $(133,922)   $(747,313)
                                       =========    =========    =========    =========    =========

BASIC NET LOSS PER COMMON SHARE        $    (.01)   $    (.01)   $    (.04)   $    (.01)   $    (.07)
                                       =========    =========    =========    =========    =========

</TABLE>

(*) March 8, 2000 (inception) to September 30, 2000.


The accompanying notes are an integral part of these financial statements






                                       4
<PAGE>

                               INDIGO ENERGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                        INTERIM STATEMENTS OF CASH FLOWS
                    (With Cumulative Figures from Inception)
                                   (UNAUDITED)
<TABLE>
<CAPTION>
                                                               FOR THE NINE     FOR THE NINE    MARCH 8, 2000
                                                               MONTHS ENDED     MONTHS ENDED   (INCEPTION) TO
                                                               SEPTEMBER 30,    SEPTEMBER 30,   SEPTEMBER 30,
                                                                   2001            2000 (*)          2001
                                                               -------------    -------------   -------------
<S>                                                              <C>             <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss                                                       $(460,167)      $(133,922)      $(747,313)
Adjustments to reconcile net loss to net
      cash used in operating activities:
         Noncash items:
           Depreciation of equipment                                   552             276             920
           Value of services contributed to the
              Company by certain executive officers                 67,500          45,000         142,500
         (Increase) decrease in assets:
            Receivable - shared research cost                       10,000          (7,205)            -
            Prepaid expenses                                        (6,830)            -            (6,830)
         Increase in liabilities:
            Accounts payable                                       115,701          26,521         265,986
            Accrued interest payable                                35,333             -            35,333
                                                                 ---------       ---------       ---------

NET CASH USED IN OPERATING ACTIVITIES                             (237,911)        (69,330)       (309,404)
                                                                 ---------       ---------       ---------
CASH FLOWS USED IN INVESTING ACTIVITIES:
   Payments for the purchase of equipment                              -            (3,682)         (3,682)
   Payments of patent application costs                            (35,716)         (1,300)        (48,294)
   Advances to officers (stockholders)                             (60,382)        (13,882)        (99,524)
   Advances to service provider                                    (24,000)            -           (24,000)
                                                                 ---------       ---------       ---------
NET CASH USED IN INVESTING ACTIVITIES                             (120,098)        (18,864)       (175,500)
                                                                 ---------       ---------       ---------
CASH FLOWS FROM FINANCING ACTIVITIES:
   Proceeds from convertible notes payable                         100,000             -           100,000
   Proceeds from issuance of common stock, net                     250,000         238,800         387,945
   Payments for expenses preparatory to a public
      offering of the Company's common stock                           -           (33,166)            -
                                                                 ---------       ---------       ---------
NET CASH PROVIDED BY FINANCING ACTIVITIES                          350,000         205,634         487,945
                                                                 ---------       ---------       ---------
NET INCREASE (DECREASE) IN CASH                                     (8,009)        117,440           3,041

CASH AT BEGINNING OF PERIOD                                         11,050             -               -
                                                                 ---------       ---------       ---------
CASH AT END OF PERIOD                                            $   3,041       $ 117,440       $   3,041
                                                                 =========       =========       =========
Supplemental information about cash payments is as follows:
   Cash payments for interest                                     $    -          $    -         $     -
                                                                 =========       =========       =========
   Cash payments for income taxes                                 $    -         $     -         $     -
                                                                 =========       =========       =========
</TABLE>

(*) March 8, 2000 (inception) to September 30, 2000.

The accompanying notes are an integral part of these financial statements



                                       5
<PAGE>

                               INDIGO ENERGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                   STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                                   (UNAUDITED)
                            MARCH 8, 2000 (INCEPTION)
                              TO SEPTEMBER 30, 2001


<TABLE>
<CAPTION>

                                                                                                                       DEFICIT
                                                                                                                     ACCUMULATED
                                                                             COMMON STOCK              ADDITIONAL     DURING THE
                                                                             ------------               PAID-IN      DEVELOPMENT
                                                                 TOTAL          SHARES      AMOUNT      CAPITAL         STAGE
                                                                 -----          ------      ------      -------         -----
<S>                                                            <C>            <C>          <C>         <C>            <C>
Year beginning March 8, 2000 (inception):

Common stock issued for cash                                   $   9,500     9,500,000    $  9,500     $    -         $     -

Common stock issued in a securities offering,
   net of expenses of $17,400                                    229,300       986,800         987      228,313             -

Value of services contributed to the Company
   by certain executive officers                                  75,000           -           -         75,000             -

Net Loss - March 8, 2000 (inception) to December 31, 2000       (287,146)          -           -            -          (287,146)
                                                               ---------    ----------     -------     --------       ---------

BALANCE - DECEMBER 31, 2000                                       26,654    10,486,800      10,487      303,313        (287,146)

Common stock issued in an initial public offering,
   net of expenses of $100,855                                   149,145     1,000,000       1,000      148,145             -

Value of services contributed to the Company by
   certain executive officers                                     67,500           -           -         67,500             -

Net Loss - Nine months ended September 30, 2001                 (460,167)          -           -            -          (460,167)
                                                               ---------    ----------     -------     --------       ---------

BALANCE (DEFICIT) - SEPTEMBER 30, 2001                         $(216,868)   11,486,800     $11,487     $518,958       $(747,313)
                                                               =========    ==========     =======     ========       =========

</TABLE>





The accompanying notes are an integral part of these financial statements




                                       6
<PAGE>


                               INDIGO ENERGY, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                      NOTES TO INTERIM FINANCIAL STATEMENTS

                      NINE MONTHS ENDED SEPTEMBER 30, 2001



NOTE 1. STATEMENT OF INFORMATION FURNISHED

            The accompanying unaudited interim financial statements have been
        prepared in accordance with Form 10-QSB instructions and in the opinion
        of management contains all adjustments (consisting of only normal
        recurring adjustments) necessary to present fairly the financial
        position of Indigo Energy, Inc. as of September 30, 2001, and the
        results of operations for the three months ended September 30, 2001 and
        2000, the nine months ended September 30, 2001, March 8, 2000
        (inception) to September 30, 2000, and cumulative from inception on
        March 8, 2000 to September 30, 2001, and the statements of cash flows
        for the nine months ended September 30, 2001, March 8, 2000 (inception)
        to September 30, 2000, and cumulative from inception on March 8, 2000 to
        September 30, 2001 and the statement of stockholders' equity (deficit)
        for the period March 8, 2000 (inception) to September 30, 2001. These
        results have been determined on the basis of accounting principles and
        practices generally accepted in the United States and applied
        consistently with those used in the preparation of the Company's 2000
        financial statements.

            Certain information and footnote disclosures normally included in
        the financial statements presented in accordance with accounting
        principles generally accepted in the United States have been condensed
        or omitted. It is suggested that the accompanying financial statements
        be read in conjunction with the financial statements and notes thereto
        incorporated by reference in the Company's 2000 financial statements.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

        DESCRIPTION OF DEVELOPMENT STAGE ACTIVITIES

            The Company was organized as a corporation on March 8, 2000 in the
        State of Delaware and has adopted December 31 as its year end for tax
        and financial reporting. The Company is presently in its development
        stage and intends to become a developer and manufacturer of a reliable
        electrical backup power supply for the telecommunications industry.

            In May 2000, the Company completed an offering of 986,800 shares of
        its common stock, at an offering price of $.25 per share, to qualified
        investors. Pursuant to the offering, the Company received $246,700, less
        costs of $17,400 associated with the offering, for net proceeds of
        $229,300. The offering was made pursuant to the exemptions from
        registration with the Securities and Exchange Commission (SEC) provided
        by Regulation D, Rule 506, of the 1933 Act, and under applicable state
        laws, rules and regulations.

            On January 4, 2001 the Company received an effective date from the
        SEC for its initial public offering (IPO). The IPO prospectus states
        that the sale of shares is offered on a "any and all, direct offering"
        basis of up to 1,000,000 shares of the Company's common stock at an
        offering price of $.25 per share for an aggregate of $250,000. Through
        May 31, 2001, the Company received proceeds of $250,000. Costs
        associated with the offering, amounting to $100,855, have been charged
        to additional paid-in capital.



                                       7
<PAGE>


NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

            DESCRIPTION OF DEVELOPMENT STAGE ACTIVITIES (CONTINUED)

                In August 2001, the Company received the proceeds of convertible
            notes payable in the aggregate amount of $100,000. The underlying
            loans are for a period of three months and may be converted into
            100,000 shares of the Company's common stock at maturity, at the
            noteholders' option. Interest is payable at maturity of the notes:
            $30,000 in cash and 30,000 shares of the Company's common stock. The
            noteholders have the option to receive 30,000 shares of common stock
            in lieu of the cash. As of September 30, 2001, the Company has
            accrued interest on the loans aggregating $35,333.

            USE OF ESTIMATES IN PREPARING FINANCIAL STATEMENTS

                The preparation of financial statements in conformity with
            accounting principles generally accepted in the United States
            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 revenues and expenses during
            the reporting period. Actual results could differ from those
            estimates.

            RESEARCH AND DEVELOPMENT

                Research and development costs are expensed as incurred.

            FIXED ASSETS - EQUIPMENT

                Fixed assets - equipment are stated at cost, less accumulated
            depreciation. The cost of major improvements and betterments to
            existing fixed assets are capitalized, while maintenance and repairs
            are charged to expense when incurred. Upon retirement or other
            disposal of fixed assets, the profit realized or loss sustained on
            such transaction is reflected in income. Depreciation is computed on
            the cost of fixed assets on the straight-line method, based upon the
            estimated five year useful life of the assets.

            PATENT APPLICATION COSTS

                Costs incurred in connection with patent applications are
            capitalized in the accounts of the Company at cost.

                In the event that a patent is granted to the Company, the costs
            incurred will be amortized on a straight-line basis over the
            economic life of the patent, but in no event longer than the legal
            life of the patent. Patent application costs recorded as assets
            which are subsequently determined to have no discernible future
            benefit will be charged to operations.


NOTE 3. STOCK OPTION PLAN

                In August 2001, the Company established a qualified and
            nonqualified stock option plan pursuant to which up to 1.2 million
            shares of its common stock can be set aside to promote the growth
            and profitability of the Company by providing certain executives,
            directors and other employees or consultants with an additional
            incentive to achieve Company objectives and to attract and retain
            competent personnel. The Company granted options for the purchase of
            an aggregate of up to 675,000 shares of the Company's common stock
            at an exercise price of $1.00 per share which generally expires 10
            years after the grant date.

                The Company has adopted the disclosure provisions of SFAS No.
            123 "Accounting for Stock-Based Compensation". In accordance with
            the provisions of SFAS No. 123, the Company applies Accounting
            Principles Board Opinion 25 and related interpretations in
            accounting for its stock option plan. Pro forma information
            regarding net loss and net loss per share is required by SFAS No.
            123.


                                       8
<PAGE>

        This information is required to be determined as if the Company had
        accounted for its stock options under the fair value method of that
        statement.

            The fair value of each option issued is estimated on the date of the
        grant using the Black-Scholes option pricing model with the following
        assumptions: risk free interest rate of 4.57%, dividend yield of 0%,
        volatility factors of the expected market price of the Company's stock
        of 0% and the expected life of an option of ten years.

            For purposes of pro forma disclosures, the estimated fair value of
        the options is amortized over the options vesting period. Had the
        Company's stock option plan been accounted for under SFAS No. 123, net
        loss and net loss per share would have been increased to the following
        pro forma amounts:

<TABLE>
<CAPTION>
                                       THREE MONTHS              NINE MONTHS         MARCH 8, 2000
                                           ENDED                    ENDED           (INCEPTION) TO
                                       SEPTEMBER 30,             SEPTEMBER 30,       SEPTEMBER 30,
                                       -------------             -------------       -------------
                                    2001           2000        2001       2000(*)         2001
                                  --------       --------    --------    ---------      --------
<S>                              <C>            <C>         <C>          <C>          <C>
           Net Loss:
              As reported        $(152,871)     $(85,606)   $(460,167)   $(133,922)   $(747,313)
              Pro forma          $(166,627)     $(85,606)   $(473,923)   $(133,922)   $(761,069)
        Basic Net Loss
              Per Share:
                 As reported         $(.01)        $(.01)       $(.04)       $(.01)       $(.07)
                 Pro forma           $(.01)        $(.01)       $(.04)       $(.01)       $(.07)

</TABLE>

            (*) March 8, 2000 (inception) to September 30, 2000.



NOTE 4. GOING CONCERN

            The accompanying financial statements have been prepared assuming
        that the company will continue as a going concern. The Company is
        dependent upon obtaining financing and/or raising capital to continue
        operations. The financial statements do not include any adjustments that
        might result from the outcome of this uncertainty. It is management's
        plan to raise additional funds to begin its intended operations.

NOTE 5. NET LOSS PER SHARE

            Net loss per common share was calculated under SFAS No. 128,
        "Earnings per Share". Basic net loss per share is computed by dividing
        the net loss by the weighted average outstanding shares during the
        period. Inasmuch as the Company has incurred losses, the effect of
        dilutive securities have been excluded from the computation as they are
        antidilutive.


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Indigo Energy, Inc. was established to develop, manufacture, and market advanced
uninterruptible power supplies for the telecommunication industry.

As at September 30, 2001 the Company's balance sheet reflects working capital
deficit of $267,924 compared to a working capital deficit of $90,093 at December
31, 2000.

The Company generated no revenues during the third quarter 2001 because it
focused its efforts on its research and development of a flywheel power supply.

For the three months ended September 30, 2001 the Company incurred a net loss of
$152,871 compared to a net loss of $85,606 during the same period in 2000. The
Company incurred a net loss of $460,167 in the nine months ended


                                       9
<PAGE>


September 30, 2001, consisting primarily of research and development expenses of
$197,023 and general and administrative expenses of $227,259.

To protect our proprietary technology, Indigo Energy, Inc. has filed multiple
patent applications on the Company's uninterruptible power supply technology.
The Company will need to raise additional funds to continue the development of
the planned flywheel uninterruptible power supplies.

The Company believes that it has sufficient funds to continue operations through
the end of September 2002, however, it may not be able to continue its planned
research and development. Accordingly, the Company will be required to seek
additional financing through bank borrowings, private or public debt, equity
financing or otherwise. There can be no assurance that any such financing will
be available to the Company on acceptable terms, or at all. The Company's
inability to obtain necessary additional financing would have a material adverse
effect on the Company's operations. In addition, the failure to obtain
additional financing raises substantial doubt about the Company's ability to
continue as a going concern, and in such event the Company will most likely have
to curtail or discontinue its operations. Prior to the time the Company
commences sales and achieves profitability, it will be required to rely on
equity, debt or other sources of financing in addition to its revenues from its
existing operations.


                                    PART II.

ITEM 2. CHANGES IN SECURITIES

         In August 2001, the Company issued two convertible promissory notes
with aggregate proceeds of $100,000 with a term of three months. The aggregate
principal amount may be converted, at each noteholders option, into 100,000
shares of the Company's common stock upon maturity at a conversion price of $1
per share. The interest payable on the notes is $30,000 in cash and 30,000
shares of the Company's common stock, payable upon maturity of the notes. The
noteholders also may convert, at their option, the cash payment of interest into
30,000 shares of common stock.


ITEM 6. EXHIBITS AND REPORTS ON FORM 8 - K.

(a)      The following exhibits are included herein:

         Exhibit  #
         ----------

         10.1              2001 Stock Option Plan

(b)      Reports on Form 8-K filed during the quarter ended September 30, 2001:

         None.













                                       10
<PAGE>


                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
has caused this reports to be signed on its behalf by the undersigned, thereunto
duly authorized.





                                                     INDIGO ENERGY, INC.



Date:    November 26, 2001                          /s/ Christopher Gabrys
                                                   ---------------------------
                                                    Christopher Gabrys
                                                    President and Director























                                       11