UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION
                   WASHINGTON, D.C. 20549

                        Form 10-KSB A

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

            For the Year ended December 31, 2004

    [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
                        EXCHANGE ACT

    For the transition period from ___________ to ____________

               Commission file number 33-27651

                  J R BASSETT OPTICAL, INC.
               ------------------------------
              (Formerly OPTICAL EXPRESS, INC.)
        (Name of small business issuer in its charter)

             DELAWARE                      87-0469497
     -------------------------    -------------------------------
   (State or other jurisdiction  (IRS Employer Identification No.)
 of incorporation or organization)

600 S. W. 10th Street, Ocala, Florida 34474        352-629-7509
-------------------------------------------  -------------------------
 (Address of principal executive offices)    (Issuer's telephone number)

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

   Title of each class           Name of each exchange on which registered
   -------------------           -----------------------------------------
         Common                                 NASDAQ

     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  [  ]

     Check if there is no disclosure of delinquent filers in
response to Item 405 if Regulation S-B contained in this
form, and no disclosure will be contained, to the best of
registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this
Form 10-KSB or any amendment to this Form 10-KSB       [X]

     Indicate by check mark whether the registrant is a
shell company (as defined in Rule 12b-2 of the Exchange
Act).                 Yes  [X]          No  [  ]

     State issuer's revenues for its most recent fiscal year.   NONE
                                                                ----
     State the aggregate market value of the voting and non-
voting common equity held by non-affiliates computed by
reference to the price at which the common equity was sold,
or the average bid and asked price of each common equity, as
of a specified date within the past 60 days.     NONE
                                                 ----

             APPLICABLE ONLY TO CORPORATE ISSUERS
     State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest
practicable date:

     Class                             Outstanding as of December 31, 2004
     -----                             -----------------------------------
 Common Stock $.001 Par Value                 35,977,367


<PAGE>


ITEM 1. - DESCRIPTION OF THE BUSINESS
          ---------------------------

   The Company currently has no operations or employees.
The Company is searching for and investigating business
opportunities.  However, there can be no assurance that the
Company will be successful in its search for such
opportunities.  The Company presently intends to investigate
and/or engage in one or more of the following activities
("Venture Activities"): (1) acquisition of at least a
majority interest in and operational control of, business
enterprises; (2) development and marketing of commercial
enterprises, products and/or services; and (3} participation
in business ventures with existing or newly formed business
entities on a joint venture or other active business
relationship basis.  The Company may also take equity
positions in certain business enterprises through the direct
purchase of securities or through other financing methods
including the utilization of debt financing and may purchase
franchises and/or license products or services.  In any
case, The Company intends to, directly and/or through
subsidiaries or affiliates, acquire and maintain a
controlling interest in the entities it acquires or
establishes Management anticipates that the selection of
business enterprises, products or services for acquisition
will be complex and risky.  Because of the Company's limited
financial capabilities at this time, it is anticipated that
the Company may not be able to diversify its acquisitions.

   The Company will consider the quality of the management
of any business acquisition candidate and the operating
records of the entity, the soundness of the service or
product to be developed or being developed, the effect of
market and economic conditions and governmental policies on
the business and its products, the nature of its
competition, and the total projected required capital.  At
this time, the Company cannot predict the manner in which it
may acquire and/or participate in the establishment and/or
financing of a business enterprise.


ITEM 2. - DESCRIPTION OF PROPERTY
          -----------------------

   The Company currently occupies space, rent free, in the
offices of Robert E. Williams, the Company's President,
located at 600 SW 10th Street, Ocala, Florida 34474.

ITEM 3. - LEGAL PROCEEDINGS
          -----------------

   The Company is not a party to any litigation or
governmental proceedings that management believes would
result in any judgments or fines that would have a material
adverse effect on the Company.

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

   None

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

   There  is  no public trading market for the common  stock
of  the  Company. The Company's common stock has not  traded
since  August 1993, at which time it traded on the over-the-
counter  market. As of September 30, 2002,  there  were  140
holders  of  record  of  the  Company's  common  stock.  The
Company has not paid any cash dividends on its common  stock
and  does  not currently intend to declare or pay  dividends
in  the  foreseeable future. The Company intends  to  retain
any  earnings that may be generated to provide funds for the
operation  and expansion of its business.  During  2004  the
company   issued  4,199,581  shares  of  common  stock   for
$21,856.70.  As  of  December  31,  2004  the  company   has
35,977,367 shares of common stock, $0.001 par value,  issued
and outstanding. There are 75,000,000 shares authorized.

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

   J R Bassett Optical, Inc. discontinued operations on
August 31, 1995 and as such had no revenues, expenses,
assets or liabilities as of that date and continuing through
the date covered by this annual report, with the exception
of accounting and legal fees for filing Securities and
Exchange Commission documents and the Corporate Income Tax
Return.  The Company is in negotiations to consummate an 80%
acquisition of the companies stock by WDR Capital, Inc. At
that time the company will initiate a 36:1 reverse stock
split.


<PAGE>


ITEM 7. - FINANCIAL STATEMENTS
          --------------------


                    FINANCIAL STATEMENTS
                             AND
                INDEPENDENT AUDITORS' REPORT

                 J.R. BASSETT OPTICAL, INC.

                 DECEMBER 31, 2004 AND 2003

           Report of Independent Registered Public
                       Accounting Firm

We  have  audited the accompanying balance  sheets  of  J.R.
Bassett Optical, Inc. as of December 31, 2004 and 2003,  and
the   related   statements   of   operations,   changes   in
stockholders' equity (deficit), and cash flows for the years
then    ended.   These   financial   statements   are    the
responsibility    of   the   Company's    management.    Our
responsibility  is to express an opinion on these  financial
statements based on our audits.

We  conducted our audits in accordance with the standards of
the   Public  Company  Accounting  Oversight  Board  (United
States).  Those standards require that we 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
statements. An audit also includes assessing the  accounting
principles   used   and  significant   estimates   made   by
management,  as  well  as evaluating the  overall  financial
statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In  our opinion, the financial statements referred to  above
present  fairly,  in  all material respects,  the  financial
position of the Company as of December 31, 2004 and 2003 and
the  results  of its operations and its cash flows  for  the
years then ended, in conformity with United States generally
accepted accounting principles.


August 19, 2005
Gainesville, Florida
                            /s/Davis, Monk & Company


<PAGE>


                       Balance Sheets
                 December 31, 2004 and 2003
                 J.R. Bassett Optical, Inc.

<TABLE>
<CAPTION>


                           ASSETS
                           ------
                                                       12/31/2004     12/31/2003
                                                       ----------     ----------
<S>                                                    <C>            <C>

Current Assets                                         $        -     $        -

Depreciable Assets                                              -              -

Other Assets                                                    -              -
                                                       ----------     ----------

Total Assets                                           $        -     $        -
                                                       ==========     ==========

       LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
       ----------------------------------------------

Current Liabilities
     Accounts Payable                                  $    1,000     $   10,217
     Accrued Expenses                                       3,500          3,650
     Loan From Stockholder                                      -          4,399
                                                       ----------     ----------
Total Current Liabilities                                   4,500         18,266

Long-Term Liabilities                                           -              -
                                                       ----------     ----------

Total Liabilities                                           4,500         18,266
                                                       ----------     ----------
Stockholders' Equity (Deficit)
     Common Stock, $0.001 Par Value, 75,000,000 Shares
     Authorized, 35,977,367 and 31,777,786 Shares
     Issued and Outstanding, Respectively                  35,977         31,977

     Additional Paid In Capital                            17,657              -

     Retained Earnings (Deficit)                          (58,134)       (50,043)
                                                       ----------     ----------
Total Stockholders' Equity (Deficit)                       (4,500)       (18,266)
                                                       ----------     ----------

Total Liabilities and Stockholders' Equity             $        -     $        -
                                                       ==========     ==========
</TABLE>





             See notes to financial statements.


<PAGE>


                  Statements of Operations
       For the Years Ended December 31, 2004 and 2003
                 J.R. Bassett Optical, Inc.

<TABLE>
<CAPTION>


                                                 2004             2003
                                              -----------    -----------
<S>                                           <C>            <C>

Revenues                                      $         -    $         -

Expenses
--------
     Professional Fees                              8,091         10,777
                                              -----------    -----------

Net Loss                                           (8,091)   $   (10,777)
                                              ===========    ===========




Loss Per Share - Basic and Fully Diluted      $         -    $         -
                                              ===========    ===========

Weighted Average Shares                        33,952,944     31,777,786

</TABLE>


             See notes to financial statements.


<PAGE>




   Statements of Changes in Stockholders' Equity (Deficit)
       For the Years Ended December 31, 2004 and 2003
                 J.R. Bassett Optical, Inc.

<TABLE>
<CAPTION>

                                                                   Retained       Total
                                                  Additional       Earnings    Stockholders'
                            Common Stock       Paid in Capital    (Deficit)       Deficit
                    -------------------------- ---------------    ---------       -------
                       Shares         Amount
                    ----------     -----------
<S>                 <C>            <C>             <C>           <C>           <C>

December 31,2002    31,777,786     $    31,777     $      -      $   (39,266)  $    (7,489)
Net Loss                     -               -            -          (10,777)      (10,777)
                    ----------     -----------     --------      ------------  ------------
December 31,2003    31,777,786          31,777            -          (50,043)      (18,266)
Sale of Stock        4,199,581           4,200       17,657                -        21,857
Net Loss                     -               -            -           (8,091)       (8,091)
                    ----------     -----------     --------      ------------  ------------
December 31,2004    35,977,367     $    35,977     $ 17,657      $   (58,134)  $    (4,500)
                    ==========     ===========     ========      ============  ============
</TABLE>






             See notes to financial statements.


<PAGE>


                  Statements of Cash Flows
       For the Years Ended December 31, 2004 and 2003
                 J.R. Bassett Optical, Inc.

<TABLE>
<CAPTION>



                                                            2004      2003
                                                           ------    ------
<S>                                                        <C>       <C>

Cash Flows from Operating Activities:
     Cash Received from services                           $        -   $        -
     Payments of Expenses                                           -            -
                                                           ----------   ----------
Net Cash Used For Operating Activities                              -            -

Cash Flows from Financing Activities                                -            -

Cash Flows from Investing Activities                                -            -
                                                           ----------   ----------
Cash at Beginning of Year                                           -            -
                                                           ----------   ----------
Cash at End of Year                                        $        -   $        -
                                                           ==========   ==========



Reconciliation of Net Loss to Net Cash Used For Operating Activities
--------------------------------------------------------------------

Net Loss                                                   $   (8,091)  $  (10,777)

Adjustments to Reconcile Net Loss to Net Cash
     Used For Operating Activities:
     Expenses Paid by Issuance of Stock                         8,091            -
     Decrease (Increase) in Current Assets                          -          410
     Increase (Decrease) in Current Liabilities                     -       10,367
                                                           ----------   ----------
Net Cash Used For Operating Activities                     $        -   $        -
                                                           ==========   ==========

Noncash Investing and Financing Activities:
     Issuance of Stock in Exchange for Services
       and Payment of Debt                                 $   21,857   $        -
     Liabilities and Expenses Paid by Issuance of Stock    $  (21,857)  $        -

</TABLE>












             See notes to financial statements.


<PAGE>



                Notes to Financial Statements
       For the Years Ended December 31, 2004 and 2003
                 J.R. Bassett Optical, Inc.


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
         ------------------------------------------

     J.R.  Bassett Optical, Inc. (formerly Optical  Express,
     Inc.)  is  organized, under the laws of  the  state  of
     Delaware.  J.R.  Bassett Optical, Inc. (the  "Company")
     was established under the laws of the state of Utah  in
     March  1989,  under  the  name "Bluefield  Enterprises,
     Inc."  Bluefield  Enterprises, Inc. had  no  operations
     until  July 1992, when the Company merged with  Optical
     Express,  Inc.,  a Florida corporation engaged  in  the
     business of operating retail eyewear stores in  Central
     Florida,  at  which time the name of  the  Company  was
     changed to Optical Express, Inc.

     In  August  1993, the Company merged with The AppleTree
     Companies,  Inc., a Delaware corporation, ("AppleTree")
     and  became  an  operating subsidiary of AppleTree.  At
     that  time,  AppleTree owned 28,367,500 shares  of  the
     Company's    common   stock   of   31,777,786    shares
     outstanding. In order to reflect the expansion  of  the
     Company  into other states, in 1993, the  name  of  the
     Company  was changed to J.R. Bassett Optical, Inc.  The
     operations of the Company were discontinued  on  August
     31,  1995.  On  April  4,  1997,  AppleTree  filed  for
     bankruptcy  protection and reorganization (Chapter  11)
     in the United States Bankruptcy Court, Eastern District
     of  Virginia, Norfolk Division. On November  18,  1999,
     the United States Bankruptcy Court, Eastern District of
     Virginia,  Norfolk  Division  approved  the   sale   of
     28,367,500  AppleTree Companies,  Inc.  stock  of  J.R.
     Bassett Optical, Inc. to Robert E. Williams, the former
     Chief Executive Officer and Chairman of the Board.

NOTE 2 - BUSINESS OF THE COMPANY
         -----------------------

     The  Company currently has no operations or  employees.
     The Company is searching for and investigating business
     opportunities. However, there can be no assurance  that
     the  Company will be successful in its search for  such
     opportunities.   The  Company  presently   intends   to
     investigate  and/or  engage  in  one  or  more  of  the
     following   activities  ("Venture   Activities"):   (1)
     acquisition  of  at least a majority  interest  in  and
     operational  control  of,  business  enterprises;   (2)
     development  and  marketing of commercial  enterprises,
     products  and/or  services; and  (3)  participation  in
     business   ventures  with  existing  or  newly   formed
     business  entities on a joint venture or  other  active
     business relationship basis. The Company may also  take
     equity   positions  in  certain  business   enterprises
     through  the  direct  purchase  of  franchises   and/or
     license  products or services. In any case, the Company
     intends  to,  directly and/or through  subsidiaries  or
     affiliates, acquire and maintain a controlling interest
     in  the entities it acquires or establishes. Management
     anticipates that the selection of business enterprises,
     products  or services for acquisition will  be  complex
     and  risky. Because of the Company's limited  financial
     capabilities at this time, it is anticipated  that  the
     Company may not be able to diversify its acquisitions.

     The Company will consider the quality of the management
     of any business acquisition candidate and the operating
     records of the entity, the soundness of the service  or
     product to be developed or being developed, the  effect
     of  market  and  economic conditions  and  governmental
     policies  on the business and its products, the  nature
     of  its  competition, and the total projected  required
     capital.  At  this time the company cannot predict  the
     manner  in  which it may acquire and/or participate  in


<PAGE>


     the   establishment  and/or  financing  of  a  business
     enterprise.

NOTE 3 - BASIS OF ACCOUNTING
         -------------------

     The  accompanying financial statements use the  accrual
     basis  of accounting, which the Company expects to  use
     for  both  financial statement and income tax purposes.
     Consequently, revenues are recognized when  earned  and
     expenses are recognized when incurred.

NOTE 4 - REVENUES AND EXPENSES
         ---------------------

     The  Company discontinued operations on August 31, 1995
     and  as  such  had  no  revenues, expenses,  assets  or
     liabilities as of that date and continuing through  the
     date   covered  by  this  annual  report,  except   for
     professional  fees related to Securities  and  Exchange
     Commission  filings  and filing of  the  Corporate  tax
     returns.

NOTE 5 - BASIC AND DILUTED NET LOSS PER SHARE
         ------------------------------------

     Basic and diluted net loss per share are computed using
     the  weighted-average number of shares of common  stock
     outstanding  during  the period.  The  Company  has  no
     potentially dilutive securities.

NOTE 6 - COMMON STOCK
         ------------

     During  2004  the  company issued 4,199,581  shares  of
     common  stock for $21,856.70. As of December  31,  2004
     the  company  has  35,977,367 shares of  common  stock,
     $0.001  par  value, issued and outstanding.  There  are
     75,000,000 shares authorized.

NOTE 7 - STATEMENT OF CASH FLOWS
         -----------------------

     For  purposes  of  the statement  of  cash  flows,  the
     Company   considers   all  highly  liquid   investments
     purchased with a maturity of three months or less to be
     cash equivalents.

NOTE 8 - USE OF ESTIMATES
         ----------------

     The  preparation of financial statements in  conformity
     with  generally accepted accounting principles requires
     the   Company's   management  to  make  estimates   and
     assumptions. These estimates and assumptions affect the
     reported amounts of assets, 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  periods.
     Actual results could differ from these estimates.

NOTE 9 - SUBSEQUENT EVENTS
         -----------------

     The  Company  is in negotiations to consummate  an  80%
     acquisition  by  WDR Capital, Inc.  At  that  time  the
     company would initiate a 36:1 reverse stock split.

NOTE 10 - INCOME TAXES
          ------------

     Income tax benefits attributable to the net losses from
     operations  for the years ended December 31,  2004  and
     2003 differed from the amounts computed by applying the
     US  Federal  income tax rate of 15%  to  income  (loss)
     before taxes as follows:


<PAGE>


     The company has not filed income tax returns for the
     years 1993 through 2001.

NOTE 11 - DESCRIPTION OF PROPERTY
          -----------------------

     The Company currently occupies space, rent free, in the
     offices of Robert E. Williams, the Company's President,
     located at 600 SW 10th Street, Ocala, Florida 34474.

NOTE 12 - LEGAL PROCEEDINGS
          -----------------

     The  Company  is  not  a  party to  any  litigation  or
     governmental proceedings that management believes would
     result  in  any judgments or fines that  would  have  a
     material adverse effect on the Company.

NOTE 13 - MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER
          ------------------------------------------------
          MATTERS
          -------

     There  is no public trading market for the common stock
     of  the  Company. The Company's common  stock  has  not
     traded  since August 1993, at which time it  traded  on
     the  over-the-counter market. As of September 30, 2002,
     there  were  140  holders of record  of  the  Company's
     common  stock.  The  Company  has  not  paid  any  cash
     dividends  on  its common stock and does not  currently
     intend  to  declare or pay dividends in the foreseeable
     future. The Company intends to retain any earnings that
     may be generated to provide funds for the operation and
     expansion of its business.



ITEM 8. -  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
           ------------------------------------------------
           ACCOUNTING AND FINANCIAL DISCLOSURE.
           ------------------------------------

     Pursuant to item 304 of Regulation S-B the registrants,
     on August 8, 2005, changed accountants from Bomar,
     Hammett & Associates, CPAs, P.A. to Davis, Monk &
     Company, P.O. Box 13494, Gainesville, FL 32604.  Bomar,
     Hammett & Associates, CPAs, P.A. elected not to stand
     for reappointment as the Company's accountant.  The
     financial statements reported on by Bomar, Hammett &
     Associates, CPAs, P.A. were issued on an unaudited
     basis due to lack of independence of the accountants.
     The decision to change accountants was approved by the
     Registrant's Board of Directors.  There were no
     disagreements related to accounting principles or
     practices, financial statement disclosure, or auditing
     scope or procedure during the past two fiscal years and
     the interim period through June 30, 2005.

     On August 8, 2005, the Registrant engaged Davis, Monk &
     Company, as its independent accountants.  The
     registrant did not consult with Davis, Monk & Company,
     its independent accountants, regarding any matter prior
     to its engagement.  Form 10-KSB was filed with the
     Securities and Exchange Commission during September
     2005 regarding the change in accountants.

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

     Name        Robert E. Williams     Age 61

     Position    Chairman and President


<PAGE>


     Business Experience for the last five years
     Chairman and President of J R Bassett Optical, Inc. and
     Opti-Serve Lens Laboratory, Inc.

     Term  of  Office as a Director  Upon the sales  of  his
     controlling interest in the Company's common stock, Dr.
     Williams   is  expected  to  resign  as  Chairman   and
     President  of  the  Company and new Board  Members  and
     Officers elected by the Stockholders.

     Period as a Director     Dr. Williams has served  as  a
     member of the board since 1992.

     Other  Individuals  of  which  Disclosure  is  Required
     None

     Promoters & Control Persons        None

     Audit Committee     The Company's audit committee
     consist of Dr. Williams, Chairman and President, and J.
     Randall Hammett, CPA, minority stockholder.  Mr.
     Hammett is the "financial expert" on the committee.
     Mr. Hammett is not independent with respect the J. R.
     Bassett Optical, Inc.

ITEM 10. - EXECUTIVE COMPENSATION
           ----------------------

     Chairman and President        Dr. Robert E. Williams

     Compensation             None

ITEM 11. - SECURITY OWNERSHIP OF CETRAIN BENEFICIAL OWNERS
           -----------------------------------------------
           AND MANAGEMENT
           --------------

     Equity compensation plans     None

     Title and Class of Voting Security     Name & Address      Ownership
     ---------------------------------------------------------------------
                  Common                 Dr. Robert E. Williams     80%
                                           600 SW 10th Street
                                          Ocala, Florida 34474


ITEM 12. - CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
           ----------------------------------------------

   The Company currently occupies space, rent free, in the
   offices of Robert E. Williams, the Company's President,
   located at 600 SW 10th Street, Ocala, Florida 34474.

ITEM 13. - EXHIBITS
           --------

                Exhibit 31.1

                Exhibit 32.1



ITEM 14. - PRINCIPAL ACCOUNTANTS FEES AND SERVICES

     Davis,   Monk   &   Company,  P.A.  is  the   company's
     independent Auditors
     and  have  been compensated for their services  in  the
     amount of $5,000 for the audit for 2004 and 2003.




                         SIGNATURES

Pursuant to the requirement of the Securities and Exchange
Act of 1934, the registrant has duly caused this report be
signed on its behalf by the undersigned thereunto duly
authorized.
                            J R Bassett Optical, Inc.
                           (Formerly, Optical Express, Inc.)

September 19, 2005            /s/Robert E. Williams
                              --------------------------
                              Robert E. Williams
                              President / C.E.O.


<PAGE>