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

                    FORM 10-KSB
[X]  Annual Report Under Section 13 or 15(d) of the Securities
     Exchange Act of 1934

    For the Fiscal Year Ended December 31, 2002

          Commission File Number 0-49915

                 JavaJuice.net
  ---------------------------------------------
 (Name of small business issuer in its charter)

        Nevada                        88-0474056
-------------------------------       -----------
(State or other jurisdiction of    (I.R.S. Employer
 incorporation or organization)   Identification No.)

   150 Freeport Blvd., Suite 8
         Sparks, Nevada                        89431
---------------------------------------     -----------
(Address of principal executive offices)    (Zip Code)

Issuer's telephone number, including area code:
(775) 849-5078

Securities registered Under Section 12(b) of the Exchange
Act: None

Securities registered under Section 12(g) of the Exchange
Act:               Common Stock
              ------------------------
                 (Title of Class)

Check whether the issuer (1)filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 months
(or for such shorter period that the issuer 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 no disclosure of delinquent filers in response to Item 405
of Regulation S-B is contained herein, and will not be contained, to
the best of issuer's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB. [X]

The Issuer had no revenues for the year ended December 31, 2002.

The Issuer's common stock is listed on the OTCBB under the symbol
JVJC, however, as of the date of the filing of this Annual Report,
trading has not yet commenced. Therefore, there is no current market
value of the voting common stock held by non-affiliates.

There were a total of 1,700,000 shares of the Issuer's common stock
issued and outstanding at December 31, 2002.

                               1
<PAGE>



Transitional Small Business Disclosure Format   __ Yes  X No

               Forward-Looking Statements
               --------------------------
In addition to historical information, this Annual Report contains
forward-looking statements. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those reflected in these forward-
looking statements. Factors that might cause such a difference
include, but are not limited to, those discussed in the section
entitled Management's Discussion and Analysis of Financial
Position and Results of Operations.  Readers are cautioned not to
place undue reliance on these forward-looking statements, which
reflect management's opinions only as of the date hereof. We
undertake no obligation to revise or publicly release the results
of any revision to these forward-looking statements. Readers should
carefully review the risk factors described in other documents we
file from time to time with the Securities and Exchange Commission,
including the reports on Form 10-SB and Form 10-QSB, filed
by the Registrant during the year 2002 under File Number 0-49915.


                         PART I

ITEM 1.  DESCRIPTION OF BUSINESS

JavaJuice.net was incorporated in the State of Nevada on
September 13, 2000 to engage in the business of operating
an Internet Cafe, in Reno, Nevada.

We are currently in the development stage and have not
yet commenced operations or generated any revenues. We are
currently in negotiations with a building owner in the
downtown Reno area to lease space for our proposed Internet
Cafe, however, we have not yet agreed upon terms or entered
into a lease agreement. We are looking at several other possible
buildings and have contacted a few local real estate agents
to look at their available inventory of space. We intend to
open a full-featured, upscale Internet Cafe in 2003, somewhere
in the busy downtown financial/tourist center of Reno, Nevada
and feel that securing the right location is key to our future
success. Our primary goal is to provide the Reno/Sparks
communities with a social, educational, entertaining atmosphere
for worldwide communication, while offering upscale coffee and
bakery products.

Business Strategy
-----------------
Our objectives include the following key elements:

 - Create a unique, upscale, innovative environment that will
differentiate JavaJuice.net from other local cafes.

 - Educate the community on what the Internet Cafe, has to offer
by advertising in local free newsletters, handouts and newspapers.


                             2
<PAGE>


 - Establish an environment that will bring people with diverse
interests and backgrounds together in a common forum.

 - Provide quality coffee, juices and bakery items at reasonable
prices.

 - Provide affordable access to the resources of the Internet and
other online services.

As the popularity of the Internet continues to grow, access to the
world wide web is quickly becoming a necessity of life.  Also, as
consumers become more transient and multi-tasking, companies
providing the capability to simultaneously access the Internet,
enjoy quality coffee, juices and baked goods, and share online
experiences with other patrons in a comfortable environment will
become more appealing and popular.  We intend to create a
comfortable environment that won't intimidate the novice user and
will position us as an educational resource for individuals
wishing to learn more about the Internet. People of all ages and
backgrounds will be able to enjoy the unique, upscale, educational,
social and innovative environment of the Internet.

We also intend to provide instructional Internet assistance that will
appeal to the audience that does not currently associate themselves
with the computer age.  This educational aspect should attract
the young, the elderly and other members of the community who
are rapidly gaining interest in the unique resources the Internet
has to offer, but do not have direct access to, nor knowledge of,
its operations.

Our strategy is to create a strong, multi-faceted community
"experience"  with which consumers associate trustworthiness,
reliability, non-intimidation and credibility.  We intend to
spend a significant amount of time and resources to develop and
build brand recognition through online advertising, general
advertising, strategic alliances and other marketing initiatives.
We believe that the quality of our goods and services will be a
competitive advantage that will enable us to attract patrons to
our Internet Cafe, promote customer loyalty and increase repeat
and ongoing patronage.

Target Market
-------------
It is our goal to provide a central hub of communication and
socialization for the Reno/Sparks community.  We intend to
lease a convenient downtown location that will appeal to a wide
variety of clientele and exclude no one. We intend to
aggressively reach out to those currently underserved by the
online markets, as well as encourage currently Internet-savvy
individuals to utilize our services. This strategy of all
inclusiveness leaves no one behind and provides an unlimited
base of customers from which to continually draw.




                             3

<PAGE>




We will break our marketing strategy into three age demographics:
young men and women aged 18 to 24, men and women aged 25 to 49,
and men and women over 50, as well as selective marketing to the
two distinct groups of current online users versus those with no
Internet experience, since each demographic represents unique and
specific consumer patterns and marketing approaches.

We intend to cater to people who want a guided tour on their
first spin around the information superhighway.  Generations X
and Y grew up surrounded by computers and Baby Boomers and older
generations have come to the realization that people today cannot
afford to ignore this media outlet. There is a need for user
friendly, hands-on Internet tutoring for those not currently
online literate. Furthermore, current public computer access
outlets, such as the libraries, while allowing users to surf the
Internet, do not allow users to utilize personalized E-mail or
chat room formats. We also believe there is a need for a
progressive and inviting atmosphere where local and traveling
professionals can meet, conduct business and enjoy a great cup
of coffee, healthy fresh squeezed citrus and vegetable juices,
and quality bakery goods in a friendly, social environment.
We will provide an office away from the office type atmosphere
that will encourage relaxation, innovation, networking and
creativity. These professionals will either use JavaJuice.net's
PCs or plug their own notebooks into our Internet connections.

Market Analysis
---------------
The University of Nevada-Reno has a 13,000-person campus in the
downtown Reno area.  Students currently have computer labs and a
library where they can conduct their academic online research;
however, there is a need for an alternative medium where students
can simultaneously enjoy a social atmosphere, enjoy quality
bakery goods, coffee and juices, and complete their study
requirements.  It is common knowledge that there is a strong
demand for coffee products within the college community.

The area's county and federal courthouses are also situated in
the downtown area creating a satellite of attorneys' and related
judicial offices located in the nearby vicinity.  Additionally,
most large banks and numerous national and international
businesses have corporate headquarters in the downtown Reno area.
We intend to draw our local business clientele from these markets.

The downtown Reno area also hosts a National Bowling Stadium and
countless casinos with convention center facilities.  These create
an ongoing stream of traveling businessmen and women who have a
 need for a comfortable, enjoyable Internet access environment
while away from home.

In addition to the vast market within our immediate city
perimeter, there are others in outlying farming communities who
will be attracted to the variety of products and services we
intend to offer.


                           4

<PAGE>



Competition
-----------
We expect that competitive factors will create a continuing need
for us to improve and add to our services. Although there are a
number of coffee wholesalers and cafes within the Reno/Sparks
market area with whom we will have to compete, we are unaware
of any Internet Cafes currently operating in Reno or Sparks.
By being one of the first to combine the concepts of quality
cofee, juices and bakery goods, along with complete Internet
access and service, we believe we will have a window of
opportunity to carve out a profitable niche of repeat clients
prior to the expansion of the concept within the local market.
However, as competition grows, we will need to look for ways to
differentiate our place of business from other similar businesses
in order to achieve and maintain a competitive advantage.

The largest wholesale coffee competitor in the area is Starbucks.
Their name recognition and reputation are formidable.  They
currently operate four (4) locations in the Reno/Sparks area,
however, they have no outlet in the downtown area targeted by
JavaJuice.net.  All of their locations are in less congested,
outlying areas of the city.  Starbucks has recently announced,
however, their intent to install high-speed wireless Internet
access in their North American stores in the near future.

We do not consider online service providers to pose substantial
competition for us, other than in our quest to obtain the lowest
costs for our clients.  We feel there are enough local providers
to actually be an advantage to us in this area, allowing us to
barter between them for better pricing.  Convincing them of
ongoing and growing customer volume will enable us to extract
a better price.

Although there are a number of cafes and muffin shops in the
market area, we feel our coffee, juices and bakery goods will be
able to compete in the areas of quality and price, and none of
these cafes offer Internet access and services, which we feel
will give us a competitive edge.

Determining a fair market price for food, coffee and juice items,
as well as an hourly price for online users, will depend heavily
on all of the factors listed above.  This process will become
more influenced by competitors as other Internet cafes open
within the area.  By being one of the first in the market, we
will have to be the first to establish prices for this area that
the market will bear.

Merchandising and Marketing
---------------------------
Merchandising and Marketing is a significant component to our
brand name awareness and customer acquisition strategy.  We
intend to mount a comprehensive merchandising, marketing and
image program featuring our logo on our signs, cafe interior,
cups, bags, packaging, promotional pieces and literature.  The
program will be designed to create a distinctive brand image and


                               5
<PAGE>



brand awareness in order to attract first time users, as well as
provide the consumer with repeat customer incentives.  We intend
to have a wide range of literature that will give the consumer a
source of information about the origins and characteristics of
our coffees, the healthy properties of our 100% pure, fresh
squeezed citrus and vegetable juices, as well as ingredients
used in our quality bakery goods, including non-fat and low-fat
items.

Customer Service
-----------------
A basic premise of our business philosophy is that we will be
serving many customers on many different levels. We intend to
cater to each level of customer on an individual basis, whether
that customer is a first time Internet user, a local or traveling
business person seeking an office away from the office, an elderly
member of the community seeking to develop their online knowledge
in a friendly and non-intimidating environment, a college student
looking for an off-campus refuge, morning coffee "wake-up" seekers,
busy "baby-boomers" needing a quick pick-up coupled with a relaxing,
or those who exercise to stay fit and prolong a quality life by
watching their diet and increasing their vegetable/fruit intake.
There will be something for everyone at JavaJuice.net and we intend
to focus on catering to all of our customers' individual needs.

Government Regulation
----------------------
Internet:   There are an increasing number of existing laws and
regulations pertaining to the Internet.  In addition, laws or
regulations may be adopted with respect to the Internet as a
communication and commercial medium, covering such areas as user
privacy, pricing, content, security, taxation, copyright protection,
distribution and characteristics and quality of products and services.
Moreover, it may take years to determine whether and how existing
laws apply to the Internet and Internet advertising. Required
compliance with any new legislation or regulation, or any
unanticipated application or interpretation of existing laws,
may decrease the growth in the use of the Internet, which could
in turn decrease the demand for our service, increase our cost
of delivering access to the Internet to our customers, or otherwise
have a material adverse effect on our business, results of operations
and financial condition.

Online Content Regulations.  Several federal and state statutes
prohibit the transmission of indecent, obscene or offensive
content over the Internet to certain persons. Legislation regulating
online content could slow the growth in use of the Internet generally
and decrease the acceptance of the Internet as an advertising and
e-commerce medium, which could have a material adverse effect on our
ability to generate revenues.

Food Service Industry: The food service industry is subject to
extensive federal, state and local government regulations relating
to the development and operation of food service outlets, including



                              6
<PAGE>



laws and regulations relating to building and seating requirements,
the preparation and sale of food, cleanliness, safety in the
workplace, accommodations for the disabled, relationships with
employees, such as minimum wage requirements, discriminatory
practices, overtime and working conditions and citizenship
requirements. These regulations, include without limitation,
the Fair Labor Standards Act, the Americans with Disabilities
Act, The Department of Agriculture, the Food & Drug Administration,
the Immigration and Naturalization Service, and numerous state and
local regulatory agencies and statutes.

Employees
---------
At the present time, we have no employees other than our sole
officer and director, who devotes her time as needed to the business.
We will add staff as and when needed, as we develop and expand our
business operations.


ITEM 2.  DESCRIPTION OF PROPERTY

We do not currently own or lease any property. Our business operations
are being conducted from the business office of our sole officer and
director at 150 Freeport, Sparks, Nevada 89431, on a rent-free basis.
We also maintain a mailing address at P. O. Box 12096, Reno, Nevada
89510. Once we have secured a location for the Internet Cafe, we intend
to establish a small office on the premises.


ITEM 3.  LEGAL PROCEEDINGS

We are not a party to any legal proceedings and are unaware of any
pending or threatened legal proceedings against us.


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

There were no matters submitted to a vote of our security holders
during the fourth quarter of the fiscal year ended December 31, 2002.


                             PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Our Common Stock is listed for trading on the OTCBB under the symbol
JVJC, however, trading has not yet commenced.

We have adopted the policy to reinvest earnings to fund future
growth. Accordingly, we have not paid dividends and do not anticipate
declaring dividends on our Common Stock in the foreseeable future.




                             7

<PAGE>




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

Results of Operations and Plan of Operation
-------------------------------------------
Since we have not yet commenced full business operations, we
have not yet realized any revenues. We have a net loss of $5,384
at December 31, 2002, resulting in a negligible net loss per share.

General and administrative expenses at December 31, 2002 were
$5,384, most of which constituted legal and professional fees and
expenses incurred in connection with the filing of our initial
public offering pursuant to Rule 504 of Regulation D in the State
of Nevada in 2002.

We are still seeking a space to lease in the downtown Reno/Sparks
corridor area to establish our internet cafe and commence
operations. We believe the right space is critical to our success.

Liquidity and Capital Resources
-------------------------------
At December 31, 2002, our primary sources of liquidity included
cash and cash equivalents in the amount of $32,647, which was the
balance of proceeds raised in our initial public offering. We
believe that our existing cash balance and future operating cash
flows will be sufficient for near term operating needs. The extent
to which such sources will be sufficient to meet our anticipated
cash requirements is subject to a number of uncertainties, the most
important of which is our ability to generate sufficient cash flow
to support our business operations.

ITEM 7.  FINANCIAL STATEMENTS

Our financial statements for the years ended December 31, 2002 and
2001, prepared and audited by Clyde Bailey, an independent Certified
Public Accountant, are included herein.


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

There were no changes in and/or disagreeemnts with accountants on
accounting and financial disclosures during the year ended December
31, 2002.


                           PART III

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

Each of our directors is elected by the stockholders to a term of one
year and serves until his or her successor is elected and qualified.
Each of the officers is elected by the Board of Directors to a term
of one year and serves until his or her successor is duly elected and
qualified, or until he or she is removed from office. The Board of
Directors has no nominating, auditing or compensation committees.

                             8
<PAGE>


The names, addresses, ages and positions of the current officer
and director is set  forth  below:

<TABLE><CAPTION>
Name and Address            Age      Position(s)
----------------           ----      -------------
<S>                         <C>      <C>
Laura Mazany                50      President, Secretary and
150 Freeport Blvd. #8               Director
Sparks, Nevada  89431

</TABLE>

Background of Officers and Directors
------------------------------------
Laura Mazany has been the President, Secretary and a Director of
the Company since inception. Since 1987, she has also owned and
operated Commercial Janitorial, a commercial janitorial maintenance
company in Reno, Nevada, with approximately 30 part-time employees.
She is a vested, retired member of the Hotel & Restaurant Workers
Union, having held numerous and varying management positions from
1975 to 1985 in remote site construction camps along the trans-
Alaska oil pipeline.  She has extensive experience in sales and
marketing, accounting, human resources, quality control, and
employee and client relations. Ms. Mazany currently devotes
approximately 5 to 10 hours per week to the business of our
company.


ITEM 10. EXECUTIVE COMPENSATION

As of the date of the filing of this Annual Report, our sole
officer and director has not been compensated for her
services, either in cash or stock, and there are no plans to
compensate her in the near future, unless and until we begin to
realize revenues and becomes profitable in our business
operations. As a result, no summary compensation tables have been
included herein.


ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The following table sets forth the total number of shares owned
beneficially by our sole director and officer and the present owners
of 5% or more of our total outstanding shares. The stockholders listed
below have direct ownership of their shares and possess sole voting
and dispositive power with respect to the shares.





                           9


<PAGE>






<TABLE><CAPTION>
-------------------------------------------------------------------
Title of Class  Name and Address           Amount and
                of Beneficial              Nature of      Percent
                    Owner                  Beneficial     of Class
                                           Ownership
-------------------------------------------------------------------
<S>                 <C>                       <C>          <C>
Common Stock    Laura Mazany            1,000,000 Direct   59%
                P.O. Box 12096
                Reno, Nevada 89510
--------------------------------------------------------------------
All Executive
Officers and
Directors as
a group (1 person)                      1,000,000          59%

</TABLE>


ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

There have been no actual or proposed transactions to which we
are a party to in which any Director, Executive Officer, nominee for
election as Director, security holder, or any member of the immediate
family of any of the aforementioned had or is to have a direct or
indirect material interest.


ITEM 13.  EXHIBITS AND REPORTS ON FORM 8-K.

(a)  The following exhibits are included herein, except for the
exhibits marked with an asterisk, which are incorporated herein
by reference and can be found in our original Form 10SB12G
Registration Statement, filed on July 15, 2002, under SEC File
Number 0-49915 and/or CIK Number 0001177326.

<TABLE><CAPTION>
<S>                     <C>
Exhibit Number     Description
--------------     -----------
    3(i) *         Articles of Incorporation
    3(ii)*         Bylaws
   23              Consent of Accountant


(b) Registrant filed no reports on Form 8-K during the fourth
quarter ended December 31, 2002

</TABLE>

                             10


<PAGE>

                         SIGNATURES
                         ----------

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

                               JavaJuice.net, Registrant

Dated: March 13, 2003  By: /s/ Laura Mazany
                               President, Secretary, Treasurer
                               and Director


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


By: /s/ Laura Mazany, President, Secretary, Treasurer and Director

Dated:  March 13, 2003


      CERTIFICATION PURSUANT TO SECTION 302 OF THE ACT
      ------------------------------------------------

     I, Laura P. Mazany, certify that:

1. I have reviewed this annual report on Form 10-KSB of JavaJuice.
net.

2. Based on my knowledge, this annual report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect
to the period covered by this annual report.

3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all
material respects the financial condition, results of operations and
cash flows of JavaJuice.net as of, and for, the periods presented in
this report.

4.  I am responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
JavaJuice.net and have:


                                    11
<PAGE>

     (a) designed such disclosure controls and procedures to
     ensure that material information relating to JavaJuice.net,
     including its consolidated subsidiaries, is made known to
     us by others within those entities, particularly during
     the period in which this annual report is being prepared;

     (b) evaluated the effectiveness of JavaJuice.net's
     disclosure controls and procedures as of a date within
     90 days prior to the filing date of this annual report
     (the "Evaluation Date"); and

     (c) presented in this annual report our conclusions
     about the effectiveness of the disclosure controls and
     procedures based on our evaluation as of the Evaluation Date;

5.  The other certifying officers and I have disclosed, based on our
most recent evaluation, to our auditors and the audit committee of our
Board of Directors (or persons performing the equivalent functions):

   (a)	all significant deficiencies in the design or operation of
   internal controls which could adversely affect our ability to
   record, process, summarize and report financial data and have
   identified for our auditors any material weaknesses in internal
   controls; and

   (b)	any fraud, whether or not material, that involves management
   or other employees who have a significant role in our internal
   controls.

6. The other certifying officers and I have indicated in this annual
report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal
controls subsequent to the date of our most recent evaluation,
including any corrective actions with regard to significant deficiencies
and material weaknesses.

	March 13, 2003      /s/ Laura P. Mazany
                              -------------------------------------------
  		                  By: Laura P. Mazany, Chief Executive Officer
			                and Chairman of the Board of Directors



                                  12
<PAGE>















                          JavaJuice.net


                       Financial Statements

                    December 31, 2002 and 2001












                          Clyde Bailey, P.C.
                      Certified Public Accountant
                       10924 Vance Jackson #404
                       San Antonio, Texas 78230









                                 13



<PAGE>



CLYDE BAILEY P.C.                         Certified Public Accountant
                                             10924 Vance Jackson #404
                                             San Antonio, Texas 78230
                                                 (210) 699-1287(ofc.)
                                 (888) 699-1287  (210) 691-2911 (fax)

Board of Directors                Member: American Institute of CPA's
JavaJuice.net                                  Texas Society of CPA's

             INDEPENDENT AUDITOR'S REPORT

I have audited the accompanying balance sheet of JavaJuice.net
(Company) as of December 31, 2001 and 2002 and the related statement
of operations, statement of stockholders' equity, and the statement
of cash flows from September 13, 2000 (Inception) to December 31,
2002 and for the twelve months ended December 31, 2002 and 2001.
These financial statements are the responsibility of the Company's
management. My responsibility is to express an opinion on these
statements based on my audit.

I conducted my audit in accordance with generally accepted
auditing standards in the United States. 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 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. I believe that my audit provides a
reasonable basis for my opinion.

The Company is a development stage enterprise, as defined in
Financial Accounting Standards Board No. 7. The Company is
devoting all of its present efforts in securing and establishing
a new business, and its planned principal operations have not
commenced, and, accordingly, no revenue has been derived during
the organizational period.

In my opinion, the financial statements referred to above
present fairly, in all material respects, the financial position
of the Company as of December 31, 2001 and 2002 and the results of
its operations and its cash flows for the period from September 13,
2000 (Inception) to December 31, 2002, and for the twelve months
ended December 31, 2002 and 2001, in conformity with accounting
principles generally accepted in the United States.

The accompanying financial statements have been prepared assuming
that the Company will continue as a going concern.  The Company has
limited operations currently and suffered recurring losses from
operations that raise substantial doubt about its ability to continue
as a going concern.  This is further explained in Note 5 in the
notes to the financial statements.

                           /s/ Clyde Bailey P.C.
                           San Antonio, Texas
                           February 4, 2003

                            14
<PAGE>


<TABLE><CAPTION>
                         JavaJuice.net
                (A Development Stage Enterprise)
                        Balance Sheet

                                December 31    December 31
                                  2002             2001
                                -----------    -----------
<S>                                <C>             <C>
ASSETS
------
Current Assets
--------------
Cash                            $ 32,647      $    3,031
                                --------      ----------
Total Current Assets            $ 32,647      $    3,031
                                --------      ----------
Total Assets                    $ 32,647      $    3,031
                                ========      ==========

LIABILITIES
-----------
Current Liabilities
-------------------
Accounts Payable                $      -      $        -
                                --------      ----------
Total Current Liabilities       $      -      $        -

Total Liabilities                      -               -


STOCKHOLDERS' EQUITY
--------------------
Common Stock                    $  1,700      $   1,000

25,000,000 authorized shares,
par value $.001 1,700,000 and
1,000,000 shares issued and
outstanding

Additional Paid-in-Capital        38,300          4,000
Deficit accumulated during the    (7,353)        (1,969)
 development stage              --------      ---------

Total Stockholders' Equity        32,647          3,031
                                --------      ---------
Total Liabilities and
Stockholders' Equity           $  32,647      $   3,031
                               =========      =========

</TABLE>

       See accompanying notes to Financial Statements.


                                  15
<PAGE>





<TABLE><CAPTION>
                           JavaJuice.net
                 (A Development Stage Enterprise)
                      Statement of Operations

                                                                       From Inception
                                 For the Twelve Months Ended        (September 13, 2000)
                           December 31, 2002    December 31, 2001   to September 30, 2002
                          -------------------   -----------------   ---------------------
<S>                               <C>                 <C>                      <C>
Revenues:
---------
Revenues                     $        -            $        -            $        -
                             -----------           -----------           -----------

Total Revenues

Expenses:
---------
Professional Fees                 2,050                   800                 2,850
Operating Expenses                3,334                 1,169                 4,503
                             ----------            ----------            ----------
Total Expenses                    5,384                 1,969                 7,353
                             ----------            ----------            ----------
Net loss from Operations         (5,384)          $    (1,969)           $   (7,353)


Provision for Income Taxes:
---------------------------
Income Tax Benefit                    -                     -                     -
Net Income (Loss)            $   (5,384)          $    (1,969)           $   (7,353)
                             ==========           ===========            ==========


Basic and Diluted Earnings
Per Common Share             $    (0.00)          $     (O.O0)           $    (0.01)
                             ----------           -----------            ----------
Weighted Average number of
Common Shares used in per
share calculations            1,525,000             1,000,000             1,233,333
                             ==========           ===========            ==========
</TABLE>









                                       16


<PAGE>







<TABLE><CAPTION>

                              JavaJuice.net
                      (A Development Stage Enterprise)
                     Statement of Stockholders' Equity

                                                       Deficit
                                                     Accumulated       Total
                               $0.001   Paid-In      During the     Stockholders'
                      Shares Par Value  Capital  Development Stage      Equity
                      -----------------------------------------------------------
<S>                   <C>         <C>     <C>          <C>               <C>
Balance, September
13, 2000, Date of
Inception                 -        -  $   -           $   -        $    -

Stock Issued for
Cash                1,000,000   1,000    4,000            -             5,000

Net Income (Loss)                                         -            (1,969)
                    ------------------------------------------------------------
Balance December
31, 2001            1,000,000  1,000  $  4,000        $ (1,969)     $   3,031
                    ============================================================

Stock Issued for
Cash                  700,000    700    34,300                         35,000

Net Income (Loss)                                       (5,384)        (5,384)
                    ------------------------------------------------------------

Balance
September 30, 2002  1,700,000 $1,700  $ 38,300        $ (7,353)     $  32,647
                    ============================================================

</TABLE>















           See accompanying notes to Financial Statements.



                              17

<PAGE>




<TABLE><CAPTION>

                                Java.Juice.net
                       (A Development Stage Enterprise}
                            Statement of Cash Flows

                                           For the Nine      From Inception
                                           Months Ended   (September 13, 2000)
                                       September 30, 2002 to September 30, 2002
                                       ------------------ ---------------------
<S>                                             <C>                    <C>
Cash Flows from Operating Activities:
-------------------------------------
Net Income (Loss)                            $   (5,384)     $    (1,969)
Accounts Payable                                      -                -
                                             ----------      -----------
Net Cash Provided from Operating
Activities                                       (5,384)          (1,969)
                                             ----------      -----------

Cash Flows from Investing Activities:
-------------------------------------
Other Assets                                         -                -
                                             ----------      -----------
Net Cash Used in Investing Activities                -                -
                                             ----------      -----------

Cash Flows from Financing Agtivities:
Sales of Common Stock                            35,000            5,000
                                             ----------      -----------
Net Cash Provided from Financing Activities      35,000            5,000
                                             ----------      -----------
Net Increase in Cash                             29,616            3,031
                                             ----------      -----------
Cash Balance, Begin Period                        3,031               -
                                             ----------      -----------
Cash Balance, End Period                     $   32,647      $     3,031
                                             ==========      ===========
Supplemental Disclosures:
Cash Paid for interest                       $       -       $        -
Cash Paid for income taxes                   $       -       $        -
                                             ==========      ===========

</TABLE>






           See accompanying notes to Financial Statements.




                              18

<PAGE>





                           JavaJuice.net
                   Notes to Financial Statements


NOTE 1  -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization
------------
JavaJuice.net (the Company) was incorporated under the laws of the
State of Nevada on September 13, 2000 for the purpose to promote and
carry on any lawful business for which a corporation may be incorporated
under the laws of the State of Nevada. The company has a total of
25,000,000 authorized shares with a par value of $.001 per share and
with 1,000,000 shares issued and outstanding as of December 31, 2001
and 1,700,000 shares issued and outstanding as of December 31, 2002.
The Company's year end for accounting purposes will be December 31.

Development Stage Enterprise
----------------------------
The Company is a development stage enterprise, as defined in Financial
Accounting Standards Board No. 7. The Company is devoting all of its
present efforts in securing and establishing a new business, and its
planned principal operations have not commenced, and, accordingly, no
revenue has been derived during the organizational period.

Federal Income Tax
------------------
The Company has adopted the provisions of Financial Accounting Standards
Board Statement No. 109, Accounting for Income Taxes. The Company accounts
for income taxes pursuant to the provisions of the Financial Accounting
Standards Board Statement No.  109, Accounting for Income Taxes, which
requires an asset and liability approach to calculating deferred income
taxes.  The asset and liability approach requires the recognition of
deferred tax liabilities and assets for the expected future tax
consequences of temporary differences between the carrying amounts and
the tax basis of assets and liabilities.

Use of 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 on 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.

Accounting Method
-----------------
The Company's financial statements are prepared using the accrual method
of accounting. Revenues are recognized when earned and expenses when
incurred. Fixed assets are stated at cost. Depreciation and amortization
using the straight-line method for financial reporting purposes and
accelerated methods for income tax purposes.

                                 19

<PAGE>



                           JavaJuice.net
                   Notes to Financial Statements

NOTE 1  -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONT.)

Earnings per Common Share
-------------------------
The Company adopted Financial Accounting Standards  (SFAS) No.  128,
Earnings Per Share, which simplifies the computation of earnings per
share requiring the restatement of all prior periods.

Basic earnings per share are computed on the basis of the weighted
average number of common shares outstanding during each year.

Diluted earnings per share are computed on the basis of the weighted
average number of common shares and dilutive securities outstanding.
Dilutive securities having an anti-dilutive effect on diluted earnings
per share are excluded from the calculation.

Cash and Cash Equivalents
-------------------------
The Company considers all highly liquid debt instruments with a maturity
of three months or less at the time of purchase to be cash equivalents.
Cash and cash equivalents consist of checking accounts and money market

funds.

Fair Value of Financial Instruments
-----------------------------------
The carrying amounts of financial instruments including cash and cash
equivalents, accounts receivable and payable, accrued and other current
liabilities and current maturities of long-term debt approximate fair
value due to their short maturity.

Recent Accounting Pronouncements
--------------------------------
In June 2001, the FASB issued SFAS No. 143, Accounting for Asset
Retirement Obligations. SFAS No. 143 addresses financial accounting and
reporting for obligations  associated with the retirement of tangible
long-lived assets and the associated asset retirement  costs. SFAS No.
143 is effective for fiscal years, beginning after June 15, 2002.  The
Company does not expect that there will be a material impact from the
adoption of SFAS No. 143 on its financial position, results of
operations, or cash flows.

In August 2001, the FASB issued SFAS No. 144, Accounting for the
Impairment or Disposal of Long-Lived Assets.  SFAS No. 144 addresses
financial accounting and reporting for the impairment or disposal of
long-lived assets. It supersedes SFAS No. 121, Accounting for the
Impairment of Long-Lived Assets and for Long-Lived Assets To Be
Disposed Of, and the accounting and reporting provisions of
Accounting Principles Board Statement (APB) 30, Reporting the
Results of Operations - Reporting the Effects of Disposal of a
Segment of a Business, and Extraordinary, Unusual and Infrequently
Occurring Events and Transactions, for the disposal of a segment of a
business.  The Company is required to adopt SFAS No. 144 on October 1,
2002. The Company does not expect that the adoption of SFAS No. 144
will have a material effect on its financial position, results of
operations or cash flows.
                                20
<PAGE>

                           JavaJuice.net
                   Notes to Financial Statements

NOTE 1  -  RECENT ACCOUNTING PRONOUNCEMENTS (CONT.)

In April 2002, the FASB issued SFAS No. 145, Rescission of FASB
Statements No. 4,44 and 64, Amendment of FASB Statement No. 13, and
Technical Corrections. SFAS No. 145 requires the classification of
gains and losses from extinguishments  of debt as  extraordinary
items only if they meet certain criteria for such classification in
APB No. 30, Reporting the Results of Operations, Reporting the
Effects of Disposal of a Segment of a Business, and Extraordinary,
Unusual, and Infrequently Occurring Events and Transactions. Any
gain or loss on  extinguishments  of debt classified as an
extraordinary item in prior periods that does not meet the criteria
must be reclassified to other income or expense.  These provisions
are effective for fiscal years beginning after May 15, 2002.
Additionally, SFAS No. 145 requires sale-leaseback accounting for
certain lease modifications that have economic effects similar to
sale-leaseback transactions. These lease provisions are effective
for transactions occurring after May 15, 2002. The Company does not
expect the adoption of SFAS No. 145 to have a material effect on its
financial position, results of operations or cash flows.

In July 2002, the FASB issued SFAS No. 146, Accounting for Costs
Associated with Exit or Disposal Activities.  SFAS No. 146 replaces
Emerging Issues Task Force Issue No. 94-3, Liability Recognition for
Certain Employee Termination Benefits and Other Costs to Exit an
Activity (including Certain Costs Incurred in a Restructuring). SFAS
No. 146 requires companies to recognize costs associated with exit or
disposal activities when they are incurred rather than at the date of
a commitment to an exit or disposal  plan. Examples of costs covered
by the standard include lease termination costs and certain employee
severance costs that are associated with a restructuring,
discontinued operation, plant closing, or other exit or disposal
activity. SFAS No. 146 is to be applied prospectively to exit or
disposal activities initiated after December 31, 2002. The Company
does not expect the adoption of SFAS No. 146 to have a material
effect on its financial position, results of operations or cash flows.

Note 2  -  Common Stock

A total of 1,000,000 shares of stock were issued pursuant to a stock
subscription agreement for $0.005 per share for a total of $5,000 to
the original officers and directors.

In March of 2002 the company completed a 504 offering whereby 700,000
shares of common stock was sold for $35,000.

Note 3  -  Related Parties

The Company has no significant related party transactions and/or
relationships any individuals or entities.



                           21

<PAGE>





                          JavaJuice.net
                 Notes to Financial Statements


NOTE 4 - INCOME TAXES

Deferred taxes are classified as current or non-current, depending on
the classification of the assets and liabilities to which they relate.
Deferred taxes arising from timing differences that are not related to
an asset or liability are classified as current or non-current
depending on the periods in which the timing differences are expected
to reverse. The Company's previous principal temporary differences
relate to revenue and expenses accrued for financial purposes, which
are not taxable for financial reporting purposes. The Company's material
temporary differences consist of bad debt expense recorded in the
financial statements that is not deductible for tax purposes and
differences in the depreciation expense calculated for financial
statement purposes and tax purposes.


NOTE 5  -  GOING CONCERN

The Company's financial statements are prepared using 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. However, the Company does not have
significant cash or other material assets, nor does it have an
established source of revenues sufficient to cover its operating
costs that raise substantial doubt about its ability to continue


NOTE 6 - SUBSEQUENT EVENTS

There were no other material subsequent events that have occurred
since the balance sheet date that warrants disclosure in these
financial statements.
















                                 22


<PAGE>