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

                                 FORM 10-KSB

[x]           ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
              SECURITIES EXCHANGE ACT OF 1934
              For the fiscal year ended  - December 31, 1998
        
          				OR

[ ]           TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
       	      SECURITIES EXCHANGE ACT OF 1934
	             For the transition period from

            		Commission file number 0-23947

	                   MAS ACQUISITION VI CORP.
                (Name of Small Business Issuer in its charter)



                Indiana                                   35-2035070     
    (State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization                   Identification Number)


     1710 E. Division St., Evansville, Indiana           47711			
     (Address of principal executive offices)         (Zip Code)

     Issuer's telephone number: (812) 479-7266

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

     Securities registered under Section 12(g) of the Act:
     
            Common Stock, $.001 par value per share
                           (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 registrant was required to file such 
     reports), and (2) has been subject to such filing requirements for the 
     past 90 days.	YES [ x ]   NO [   ]

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

     State issuer's revenues for its most recent fiscal year. $ -0-

     State the aggregate market value of the voting stock held by non-affiliates
     computed by reference to the price at which the stock was sold, or the 
     average bid and asked prices of such stock, as of a specified date within 
     the past 60 days. (See definition of affiliate in Rule 12b-2 of the 
     Exchange Act): -0-

     Note: If determining whether a person is an affiliate will involve an
     unreasonable effort and expense, the issuer may calculate the aggregate 
     market value of the common equity held by non-affiliates on the basis of 
     reasonable assumptions, if the assumptions are stated.

     (ISSUER INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

     Check whether the issuer has filed all documents and reports required to be
     filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
     of securities under a plan confirmed by a court. Yes [   ] No [   ]

             (APPLICABLE ONLY TO CORPORATE REGISTRANTS)
     
     State the number of shares outstanding of each of the issuer's classes of
     common equity, as of the latest practicable date: 1,006,670 as of December
     31, 1998.
 
			Documents Incorporated by Reference
    
     If the following documents are incorporated by reference, briefly describe
     them and identify the part of the Form 10-KSB (e.g., Part I, Part II, etc.)
     into which the documents is incorporated: (1) any annual report to security
     holders; (2) any proxy or information statement; and (3) any prospectus 
     filed pursuant to Rule 424(b) or (c) of the Securities Act of 1933 
     ("Securities Act"). The listed documents should be clearly described for
     identification purposes (e.g., annual report to security holders for 
     fiscal year ended December 24, 1990).

     Transitional Small Business Disclosure Format (Check one): Yes [   ]; 
     No [ x ]

<PAGE>
                         PART I

ITEM 1. DESCRIPTION OF BUSINESS.

BUSINESS DEVELOPMENT

     MAS Acquisition VI Corp. (the "Company"), was incorporated on 
October 7, 1996 in the State of Indiana, to engage in any lawful 
corporate undertaking, including, but not limited to, selected 
mergers and acquisitions.  Pursuant to the Articles of Incorporation, 
the Company is authorized to issue 80,000,000 shares of Common Stock 
at $.001 par value and 20,000,000 shares of Preferred Stock at $.001 
par value. Each holder of the Common Stock shall be entitled to one 
vote for each share of Common Stock held. The Preferred Stock may be 
divided into Series or Classes by the management of the Company upon
the approval of a majority vote of the Directors of the Company. As 
of December 31, 1998, there are 1,006,670 shares of Common Stock and 
no shares of Preferred Stock outstanding.

     The Company has been in the developmental stage since inception 
and has no operations to date. Other than the issuance of shares to its 
shareholders, the Company never commenced any operational activities.  
As such, the Company can be defined as a "shell" company, whose sole 
purpose at this time is to locate and consummate a merger or acquisition 
with a private entity.  

     The Company became a reporting company in May, 1998 on 
voluntary basis because the primary attraction of the Company as a
merger partner or acquisition vehicle will be its status as a
reporting public company.  Any business combination or transaction may
potentially result in a significant issuance of shares and substantial
dilution to present stockholders of the Company.

     The proposed business activities described herein classify the
Company as a "blank check" company.  Many states have enacted
statutes, rules and regulations limiting the sale of securities of
"blank check" companies in their respective jurisdictions. 
Management does not intend to undertake any offering of the Company's 
securities, either debt or equity, until such time as the Company has 
successfully implemented its business plan described herein.  

<PAGE>

GENERAL BUSINESS PLAN

     The Company's purpose is to seek, investigate and, if such
investigation warrants, acquire an interest in business
opportunities presented to it by persons or firms who or which
desire to seek the perceived advantages of an Exchange Act
registered corporation.  The Company will not restrict its search
to any specific business, industry, or geographical location and
the Company may participate in a business venture of virtually any
kind or nature.  This discussion of the proposed business is
purposefully general and is not meant to be restrictive of the
Company's virtually unlimited discretion to search for and enter
into potential business opportunities.  Management anticipates that
it may be able to participate in only one potential business
venture because the Company has nominal assets and limited
financial resources.  See Item 7. "FINANCIAL STATEMENTS AND 
SUPPLEMENTARY DATA."  This lack of diversification should be 
considered a substantial risk to shareholders of the Company because 
it will not permit the Company to offset potential losses from one 
venture against gains from another.

     The Company may seek a business opportunity with entities
which have recently commenced operations, or which wish to utilize
the public marketplace in order to raise additional capital in
order to expand into new products or markets, to develop a new
product or service, or for other corporate purposes.   The Company
may acquire assets and establish wholly-owned subsidiaries in
various businesses or acquire existing businesses as subsidiaries.

    The Company intends to advertise and promote the Company in 
newspaper, magazine and on the Internet. The Company has not yet 
prepared any notices or advertisement.

     The Company anticipates that the selection of a business
opportunity in which to participate will be complex and extremely
risky.  Due to general economic conditions, rapid technological
advances being made in some industries and shortages of available
capital, management believes that there are numerous firms seeking
the perceived benefits of a publicly registered corporation. Such
perceived benefits may include facilitating or improving the terms
on which additional equity financing may be sought, providing
liquidity for incentive stock options or similar benefits to key
employees, providing liquidity (subject to restrictions of
applicable statutes), for all shareholders and other factors.
Potentially, available business opportunities may occur in many
different industries and at various stages of development, all of
which will make the task of comparative investigation and analysis
of such business opportunities extremely difficult and complex.  

<PAGE>

     The Company has, and will continue to have, no capital with
which to provide the owners of business opportunities with any
significant cash or other assets.  However, management believes the
Company will be able to offer owners of acquisition candidates the
opportunity to acquire a controlling ownership interest in a
publicly registered company without incurring the cost and time
required to conduct an initial public offering.  The owners of the
business opportunities will, however, incur significant legal and
accounting costs in connection with acquisition of a business
opportunity, including the costs of preparing Form 8-K's, 10-K's or
10-KSB's, agreements and related reports and documents.  The
Securities Exchange Act of 1934 (the "34 Act"), specifically
requires that any merger or acquisition candidate comply with all
applicable reporting requirements, which include providing audited
financial statements to be included within the numerous filings
relevant to complying with the 34 Act.  Nevertheless, the officers
and directors of the Company have not conducted market research and
are not aware of statistical data which would support the perceived
benefits of a merger or acquisition transaction for the owners of
a business opportunity.

     The analysis of new business opportunities will be undertaken
by, or under the supervision of, the officers and directors of the
Company. Aaron Tsai, President of the Company will be the key person 
in the search, review and negotiation with potential acquisition or 
merger candidates. Management intends to concentrate on identifying 
preliminary prospective business opportunities which may be brought 
to its attention through present associations of the Company's 
officers and directors, or by the Company's shareholder.  In 
analyzing prospective business opportunities, management will 
consider such matters as the available technical, financial and 
managerial resources; working capital and other financial 
requirements; history of operations, if any; prospects for the 
future; nature of present and expected competition; the quality and 
experience of management services which may be available and the 
depth of that management; the potential for further research, 
development, or exploration; specific risk factors not now 
foreseeable but which then may be anticipated to impact the proposed 
activities of the Company; the potential for growth or expansion; the 
potential for profit; the perceived public recognition of acceptance 
of products, services, or trades; name identification; and other 
relevant factors.  Officers and directors of the Company do not 
expect to meet personally with management and key personnel of the 
business opportunity as part of their investigation due to lack of 
capital. To the extent possible, the Company intends to utilize 
written reports and investigation to evaluate the above factors.  
The Company will not acquire or merge with any company for which 
audited financial statements cannot be obtained within a reasonable 
period of time after closing of the proposed transaction.

<PAGE>

     The Officers of the Company have limited experience in managing 
companies similar to the Company and shall rely upon their own efforts 
and, to a much lesser extent, the efforts of the Company's shareholder, 
in accomplishing the business purposes of the Company. The Company may
from time to time utilize outside consultants or advisors to effectuate 
its business purposes described herein. No policies have been adopted
regarding use of such consultants or advisors, the criteria to be used 
in selecting such consultants or advisors, the services to be provided, 
the term of service, or regarding the total amount of fees that may be 
paid. However, because of the limited resources of the Company, it is 
likely that any such fee the Company agrees to pay would be paid in 
stock and not in cash.  

     The Company will not restrict its search for any specific kind
of firms, but may acquire a venture which is in its preliminary or
development stage, which is already in operation, or in essentially
any stage of its corporate life.  It is impossible to predict at
this time the status of any business in which the Company may
become engaged, in that such business may need to seek additional
capital, may desire to have its shares publicly traded, or may seek
other perceived advantages which the Company may offer.  However,
the Company does not intend to obtain funds in one or more private
placements to finance the operation of any acquired business
opportunity until such time as the Company has successfully
consummated such a merger or acquisition.

     It is anticipated that the Company will incur nominal expenses
in the implementation of its business plan described herein. 
Because the Company has no capital with which to pay these
anticipated expenses, present management of the Company will pay
these charges with their personal funds, as interest free loans to
the Company.  However, the only opportunity which management has to
have these loans repaid will be from a prospective merger or
acquisition candidate.  Management has agreed among themselves that
the repayment of any loans made on behalf of the Company will not
impede, or be made conditional in any manner, to consummation of a
proposed transaction.

ACQUISITION OF OPPORTUNITIES

     In implementing a structure for a particular business
acquisition, the Company may become a party to a merger,
consolidation, reorganization, joint venture, or licensing
agreement with another corporation or entity.  It may also acquire
stock or assets of an existing business.  On the consummation of a
transaction, it is probable that the present management and
shareholders of the Company will no longer be in control of the
Company.  In addition, the Company's directors may, as part of the
terms of the acquisition transaction, resign and be replaced by new
directors without a vote of the Company's shareholders or may sell
their stock in the Company. Any and all such sales will only be 
made in compliance with the securities laws of the United States 
and any applicable state.

<PAGE>

     It is anticipated that any securities issued in any such
reorganization would be issued in reliance upon exemption from
registration under applicable federal and state securities laws. 
In some circumstances, however, as a negotiated element of its
transaction, the Company may agree to register all or a part of
such securities immediately after the transaction is consummated or
at specified times thereafter.  If such registration occurs, of
which there can be no assurance, it will be undertaken by the
surviving entity after the Company has successfully consummated a
merger or acquisition and the Company is no longer considered a
"shell" company.  Until such time as this occurs, the Company does
not intend to register any additional securities.  The issuance of
substantial additional securities and their potential sale into any
trading market which may develop in the Company's securities may
have a depressive effect on the value of the Company's securities
in the future, if such a market develops, of which there is no
assurance.

     While the actual terms of a transaction to which the Company
may be a party cannot be predicted, it may be expected that the
parties to the business transaction will find it desirable to avoid
the creation of a taxable event and thereby structure the
acquisition in a so-called "tax-free" reorganization under Sections
368(a)(1) or 351 of the Internal Revenue Code (the "Code").  In
order to obtain tax-free treatment under the Code, it may be
necessary for the owners of the acquired business to own 80% or
more of the voting stock of the surviving entity.  In such event,
the shareholders of the Company, would retain less than 20% of the
issued and outstanding shares of the surviving entity, which would
result in significant dilution in the equity of such shareholders.

     As part of the Company's investigation, officers and directors
of the Company may personally meet with management and key personnel, 
may visit and inspect material facilities, obtain analysis of 
verification of certain information provided, check references of 
management and key personnel, and take other reasonable investigative 
measures, to the extent of the Company's limited financial resources 
and management expertise. The manner in which the Company participates 
in an opportunity will depend on the nature of the opportunity, the 
respective needs and desires of the Company and other parties, the 
management of the opportunity and the relative negotiation strength of 
the Company and such other management.

     With respect to any merger or acquisition, negotiations with
target company management is expected to focus on the percentage of
the Company which the target company shareholders would acquire in
exchange for all of their shareholdings in the target company. 
Depending upon, among other things, the target company's assets and
liabilities, the Company's shareholders will in all likelihood hold
a substantially lesser percentage ownership interest in the Company
following any merger or acquisition.  The percentage ownership may
be subject to significant reduction in the event the Company
acquires a target company with substantial assets.  Any merger or
acquisition effected by the Company can be expected to have a
significant dilutive effect on the percentage of shares held by the
Company's then shareholders.

<PAGE>

     The Company will participate in a business opportunity only
after the negotiation and execution of appropriate written
agreements. Although the terms of such agreements cannot be
predicted, generally such agreements will require some specific
representations and warranties by all of the parties thereto, will
specify certain events of default, will detail the terms of closing
and the conditions which must be satisfied by each of the parties
prior to and after such closing, will outline the manner of bearing
costs, including costs associated with the Company's attorneys and
accountants, will set forth remedies on default and will include
miscellaneous other terms.

     As stated hereinabove, the Company will not acquire or merge
with any entity which cannot provide independent audited financial
statements within a reasonable period of time after closing of the
proposed transaction.  The Company is subject to all of the
reporting requirements included in the 1934 Act. Included in these
requirements is the affirmative duty of the Company to file
independent audited financial statements as part of its Form 8-K to
be filed with the Securities and Exchange Commission upon
consummation of a merger or acquisition, as well as the Company's
audited financial statements included in its annual report on Form
10-K (or 10-KSB, as applicable).  If such audited financial
statements are not available at closing, or within time parameters
necessary to insure the Company's compliance with the requirements
of the 1934 Act, or if the audited financial statements provided do
not conform to the representations made by the candidate to be
acquired in the closing documents, the closing documents will
provide that the proposed transaction will be voidable, at the
discretion of the present management of the Company.  If such
transaction is voided, the agreement will also contain a provision
providing for the acquisition entity to reimburse the Company for
all costs associated with the proposed transaction.
   
<PAGE>

     The Company does not intends to provide the Company's security 
holders with any complete disclosure documents, including audited 
financial statements, concerning an acquisition or merger candidate and 
its business prior to the consummation of any acquisition or merger 
transaction.

COMPETITION

     The Company will remain an insignificant participant among the
firms which engage in the acquisition of business opportunities.
There are many established venture capital and financial concerns
which have significantly greater financial and personnel resources
and technical expertise than the Company.  In view of the Company's
combined extremely limited financial resources and limited
management availability, the Company will continue to be at a
significant competitive disadvantage compared to the Company's
competitors.

<PAGE>

ITEM 2. DESCRIPTION OF PROPERTY.

     The Company currently maintains a mailing address at 1710 E.
Division St., Evansville, Indiana 47711, which is the address of its
President. The Company pays no rent for the use of this mailing
address. The Company does not believe that it will need to maintain
an office at any time in the foreseeable future in order to carry
out its plan of operations described herein.

<PAGE>

ITEM 3. LEGAL PROCEEDINGS.

     The Company is not a party to any legal proceedings.

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

     No matters were submitted during the fourth quarter of the calendar
year covered by this report to a vote of security holders.

                         PART II

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

(a)  Market Information.  

There is not market for the Company's securities.

(b)  Holders.  

As of December 31, 1998, there were approximately 155 holder of
the Company's Common Stock. 

(c)  Dividends.  

The Company has never paid a cash dividend on its Common Stock
and has no present intention to declare or pay cash dividends on
the Common Stock in the foreseeable future.  The Company intends
to retain any earnings which it may realize in the foreseeable
future to finance its operations.  Future dividends, if any, will
depend on earnings, financing requirements and other factors.

<PAGE>


ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF
        RESULTS OF OPERATIONS AND FINANCIAL CONDITIONS.
     
     The following discussion should be read in conjunction with the
information contained in the financial statements of the Company
and the Notes thereto appearing elsewhere herein.

Results of Operations - October 7, 1996 (Inception) through December
31, 1998.

     The Company is considered to be in the development stage as
defined in Statement of Financial Accounting Standards No. 7. 
There have been no operations since incorporation.

Liquidity and Capital Resources.
     
     The Company issued 1,006,670 shares of its Common Stock.
The Company has no operating history and no material assets.  The Company 
has $-0- in cash as of December 31, 1998.

Year 2000 Issue

     Year 2000 issues are not currently material to the Company's business,
operations or financial condition, and the Company does not currently
anticipate that it will incur any material expenses to remediate Year
2000 issues it may encounter. However, Year 2000 issues may become
material to the Company following its completion of a business combination
transaction. In that event, the Company will be required to adopt a
plan and a budget for addressing such issues.

ITEM 7.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

<TABLE>
<CAPTION>
(1) Financial Statements                                      Page
<S>                                                           <C>
     Report of Independent Auditors                           F-1
     Balance Sheet at December 31, 1998                       F-2
     Statement of Operations for the Years ended
        December 31, 1998 and 1997, and for the	
        Period from Inception (October 7, 1996) to  
        December 31, 1998                                     F-3
     Statement of Changes in Stockholders' Equity
        for the Years ended December 31, 1998 and 1997, and 
        for the Period from Inception (October 7, 1996)
        to December 31, 1998                                  F-4
     Statements of Cash Flows for the Years ended
        December 31, 1998 and 1997, and for the
        Period from Inception (October 7, 1996) to
        December 31, 1998                                     F-5
     Notes to Financial Statements                            F-6
</TABLE>

<PAGE>


                    REPORT OF INDEPENDENT AUDITORS


Shareholders and Board of Directors
MAS Acquisition VI Corp.


We have audited the accompanying balance sheet of MAS Acquisition VI Corp.
(a development stage Company) as of December 31, 1998, and the related 
statements of operations, Stockholders' equity, and cash flows for the 
years ended December 31, 1998 and 1997 and for the period from October 7,
1996 (date of inception) to December 31, 1998. 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 generally accepted auditing 
standards. 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 by management, as well as evaluating the overall 
financial statement presentation. We believe that our audit provides 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 MAS Acquisition VI Corp. 
(a development stage company) as of December 31, 1998 and the results of its 
operations, and its cash flows for the years ended December 31, 1998 and 
1997 and for the period from October 7, 1996 (date of inception) to December 
31, 1998 in conformity with generally accepted accounting principles.



                             /s/ James E. Scheifley & Associates, P.C.  
                                 James E. Scheifley & Associates, P.C.
                                 Certified Public Accountants

Denver, Colorado
January 8, 1999

<PAGE>

               MAS Acquisition VI Corp.
             (A Development Stage Company)
                     Balance Sheet
                   December 31, 1998


               ASSETS
               ------                                          1998
                                                             --------
Current assets:
 

  Organization costs, net of $27 amortization                      45
                                                              -------
                                                             $     45 
                                                              =======
          STOCKHOLDERS' EQUITY
          --------------------

Commitments and contingencies

Stockholders' equity:
  Preferred stock, $.001 par value
   20,000,000 shares authorized                                   -
   
  Common stock, $.001 par value,
   80,000,000 shares authorized, 1,006,670 shares
   issued and outstanding                                          97
   (Deficit) accumulated during 
    development stage                                             (52)
                                                               ------
                                                                   45
                                                               ------ 
                                                              $    45 
                                                               ======




   See accompanying notes to financial statements. 
  
<PAGE>
 
                           MAS Acquisition VI Corp.
                         (A Development Stage Company)
                            Statements of Operations
                For the Years Ended December 31, 1998 and 1997 
   And for the Period From Inception (October 7, 1996) to December 31, 1998

                                                                  Period From
                                                                 Inception to
                                       December 31, December 31, December 31,
                                          1998         1997          1998    
                                       ------------ ------------ ------------

Operating expenses                     $       21   $      22    $      52
                                        ---------    --------     --------
Net (loss)                             $      (21)  $     (22)   $     (52)
                                        =========    ========     ========   


Per share information:
 Basic (loss) per common share         $    (0.00)  $   (0.00)   $   (0.00)
                                        =========    ========     ========

 Weighted average shares outstanding    1,004,623    1,003,083    1,002,569
                                        =========    =========    =========



   See accompanying notes to financial statements. 

<PAGE>

                        MAS Acquisition VI Corp.
                      (A Development Stage Company)
              Statement of Changes in Stockholders' Equity
             For the Years Ended December 31, 1998 and 1997
  For the Period From Inception (October 7, 1996) to December 31, 1998

                                                           Deficit 
                              Common    Stock           Accumulated
                              ------    ------       During Develop-            
          ACTIVITY            Shares    Amount           ment Stage      Total
                              ------    ------      -------------------  ----- 

Balance at inception             -      $   -          $    -        $     -
                               
Shares issued to officer to
 reimburse organization
 costs October at $.00009   1,000,000         90                            90

Net (loss) for the year          -          -                 (9)           (9)
                            ---------    -------        --------      --------
Balance, December 31, 1996  1,000,000         90              (9)           81
                            ---------    -------        --------      --------
 Compensation of directors
  January 1997 @ $.001 per
  share                           500          1                             1

 Gift shares 
  March 1997 at $.001 per
  share                         3,100          3                             3

Net (loss) for the year          -          -                (22)          (22)
                            ---------    -------        --------      --------
 Balance, December 31, 1997 1,003,600         94             (31)           63

 Gift shares
  September 1998 @ $.001        3,070          3                             3

Net (loss) for the year          -          -                (21)          (21)
                            ---------    -------        --------      --------
 Balance, December 31, 1998 1,006,670   $     97       $     (52)    $      45
                            =========    =======        ========      ========



   See accompanying notes to financial statements. 

<PAGE>

                         MAS Acquisition VI Corp.
                       (A Development Stage Company)
                          Statements of Cash Flows
              For the Years Ended December 31, 1998 and 1997 
 And for the Period From Inception (October 7, 1996) to December 31, 1998

                                                                  Period From
                                                                 Inception to
                                       December 31, December 31, December 31,
                                          1998         1997          1998    
                                       ------------ ------------ ------------

Net (loss)                            $      (21)  $      (22)  $      (52)
  Adjustments to reconcile net income 
   to net cash provided by operating 
   activities:
   Amortization                               18           18           45
   Shares issued for services               -               1            1
   Gift shares issued                          3            3            6
                                       ---------    ---------    ---------
       Total adjustments                      21           22           52
 Net cash provided by (used in)  
  operating activities                      -            -            -    
                      

Increase (decrease) in cash                 -            -            -    
Cash and cash equivalents,                                
 beginning of period                        -            -            - 
                                       ---------    ---------    ---------
Cash and cash equivalents 
 end of period                        $     -      $     -      $     -    
                                       =========    =========    =========    




   See accompanying notes to financial statements. 

<PAGE>

                        MAS Acquisition VI Corp.
                      (A Development Stage Company)
                      Notes to Financial Statements

Note 1. ORGANIZATION

The Company was incorporated on October 7, 1996, in the State of Indiana. 
The Company is in the development stage and its intent is to locate suitable 
business ventures to acquire. The Company has had no significant business 
activity to date and has chosen December 31 as a year end.

        SIGNIFICANT ACCOUNTING POLICIES



Intangible assets

The cost of intangible assets are amortized using the straight-line method 
over their estimated useful economic life (five years used for organization 
costs). They are stated at cost less accumulated amortization. The Company 
reviews for the impairment of long-lived assets and certain identifiable 
intangibles whenever events or changes in circumstances indicate that the 
carrying amount of an asset may not be recoverable. Under FAS 121, an 
impairment loss would be recognized when estimated future cash flows 
expected to result from the use of the asset and its eventual disposition is
less than its carrying amount. No such impairment losses have been 
identified by the Company for the periods presented. At December 31, 1998,
the Company has unamortized organization costs of $45, which are being
amortized over a five year period using the straight-line method. 

Estimates

The preparation of the Company's financial statements requires management to 
make estimates and assumptions that affect the amounts reported in the 
financial statements and accompanying notes. Actual results could differ 
from these estimates.

Fair Value of Financial Instruments

The Company has held no short-term financial instruments since Its inception.
The Company does not hold or issue financial instruments for trading 
purposes nor does it hold or issue interest rate or leveraged derivative 
financial instruments

Net loss per share

In February 1997, the Financial Accounting Standard Board ("FASB") issued
SFAS No. 128, "Earnings Per Share." SFAS No. 129 supersedes are simplifies
the existing computational guidelines under Accounting Principles Board
("APB") Opinion No. 15, "Earnings Per Share."

The statement is effective for financial statements issued for periods
ending after December 15, 1997. Among other changes, SFAS No. 128
eliminates the presentation of primary earnings per share and replaces it
with basic earnings per share for which common stock equivalents are not
considered in the computation. It also revises the computation of diluted
earnings per share. The Company has adopted SFAS No. 128 and there is no
material impact to the Company's earnings per share, financial condition,
or results of operations. The Company's earnings per share have been
restated for all periods presented to be consistent with FASB No. 128.

The basic loss per share is computed by dividing the net loss for the 
period by the weighted average number of common shares outstanding for the
period. Common stock equivalents are excluded from the computation as 
their effect would be anti-dilutive. Shares issued at inception are 
considered to be outstanding for the entire period presented.

Cash and cash equivalents

Cash and cash equivalents consist of cash and other highly liquid debt 
instruments with an original maturity of less than three months.

Recent Pronouncements

SFAS No. 130, "Reporting Comprehensive Income", establishes guidelines
for all items that are to be recognized under accounting standards as
components of comprehensive income to be reported in the financial
statements. The statement is effective for all periods beginning after
December 15, 1997 and reclassification of financial statements of
financial statements for earlier periods will be required for 
comparative purposes. To date, the Company has not engaged in 
transactions which would result in any significant difference between
its reported net loss and comprehensive net loss as defined in the
statement.


<PAGE>

Note 2. STOCKHOLDERS' EQUITY

The Company issued 1,000,000 shares of common stock to an officer of the Company
as reimbursement of organization costs and stock offering costs of the Company
paid for by the officer in October 1996. Fair value used for this transaction of
$.00009 per share is based upon the actual cost of incorporation. During January
1997 the Company issued 500 shares of its common stock to directors as 
compensation valued at $1. Additionally, the Company issued 3,100 shares of its 
common stock to 31 foreign citizens as a gift in March 1997  for an aggregate 
fair value of $3. The Company made a similar gift during September 1998 to 118
foreign citizens of 3,070 common shares having a fair value of $3. The fair 
value of the gifted shares was charged to expense during the period presented.


Note 3. INCOME TAXES

Deferred income taxes may arise from temporary differences resulting from 
income and expense items reported for financial accounting and tax purposes in 
different periods. Deferred taxes are classified as current or non-current, 
depending on the classifications on the classifications of the assets and 
liabilities to which they relate. Deferred taxes arising from temporary 
differences that are not related to an asset or liability are classified as 
current or non-current depending on the periods in which the temporary 
differences are expected to reverse. The deferred tax asset related to the 
operating loss carryforward has been fully reserved.

The Company has not provided current or deferred income taxes for the periods
presented due to losses from operations.

<PAGE>

ITEM 8.  DISAGREEMENTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

None.

<PAGE>


                         PART III

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

OFFICERS AND DIRECTORS

     The following table sets forth certain information concerning 
each of the Company's directors and executive officers:

<TABLE>
<CAPTION>
     <S>              <C>             <C>
     Name             Age             Position
     Aaron Tsai       29              Chairman of the Board, President, Chief
                                      Executive Officer, and Treasurer
     Chia-Lun Tsai    53              Vice President and Director
</TABLE>

     Aaron Tsai has previously served as President, Chief Executive 
Officer, Treasurer and as a Director of the Company since inception
and is serving the same positions since December, 1997. Mr. Tsai is 
President and Director of MAS Financial Corp., Aimex Camera Corp., 
Aimex Distributing Corp., Aimex Marketing Corp., American Multimedia, 
Inc., Aimex Imaging Corp. and Auto Stack Pacific Rim Ltd. Mr. Tsai is 
Vice President and Director of Hunan Restaurant of Indiana, Inc. and 
Hunan Restaurant of Boonville, Inc. Mr. Tsai was President and Director 
of Aimex International Corporation, Aimex Camera (HK) Limited, Aimex 
Capital/Finance, Ltd. and Multi Access Systems, Inc. Mr. Tsai has 
served as President, Chief Executive Officer and a Director of Aimex 
Camera Inc.

     Mr. Chia-Lun Tsai has previously served as Vice President and a 
Director of the Company since inception and is serving the same positions
since December, 1997. Mr. Tsai is a Director of MAS Financial Corp. 
since August 1995 and Aimex Camera Corp. since December 1996. Mr. Tsai 
is owner and manager of Hunan Restaurant of Indiana, Inc. and Hunan 
Restaurant of Boonville, Inc. Mr. Tsai was an owner and manager of Hunan 
Restaurant from 1986 until 1993. Mr. Tsai was Vice President and a 
Director of Aimex International Corporation and Aimex Camera Inc.

     The blank check company that Aaron Tsai serves as President and
Director and Chia-Lun Tsai serve as Vice President and Director is
MAS Acquisition III Corp.

     The blank check companies that Aaron Tsai served as President and
Director and Chia-Lun Tsai served as Vice President and Director are 
MAS Acquisition I Corp., MAS Acquisition II Corp., MAS Acquisition III 
Corp., MAS Acquisition IV Corp., MAS Acquisition V Corp., MAS Acquisition 
VII Corp., MAS Acquisition VIII Corp., MAS Acquisition IX Corp., MAS 
Acquisition X Corp., MAS Acquisition XI Corp., MAS Acquisition XII Corp., 
MAS Acquisition XIII Corp., MAS Acquisition XIV Corp., MAS Acquisition XV 
Corp., MAS Acquisition XVI Corp. and Multi Access Systems, Inc. 

     In December 1997 MAS Acquisition I Corp. merged with Sloan Electronics, 
Inc. and renamed to Sloan Electronics, Inc. and in October 1997 MAS 
Acquisition II Corp. renamed to ThermoTek Environmental, Inc. Both Sloan 
Electronics, Inc. and TermoTek Environmental Inc. are under control of new 
controlling persons. On July 25, 1997, MAS Acquisition IV Corp. was renamed 
Aimex Distributing Corp. and on July 25, 1997, MAS Acquisition V was renamed 
Aimex Marketing Corp. Both Aimex Distributing Corp. and Aimex Marketing Corp. 
markets and distributes cameras and are no longer blank check companies. Mr. 
Aaron Tsai is President, Director and the principle shareholder of Aimex 
Marketing Corp. and Aimex Distributing Corp.

<PAGE>

PRIOR BLANK CHECK OFFERINGS

     Mr. Aaron Tsai was involved in a number of blank check offerings 
described below. On September 11, 1996, Multi Access Systems Inc. gifted 
23,600 shares of its common stock in reliance on Regulation S to non-U.S. 
persons for the purpose of increasing the number of shareholders. Multi Access 
Systems Inc. has not merged with or acquired any business. Mr. Aaron Tsai is 
the principle shareholder of MAS Acquisition II Corp., MAS Acquisition IV Corp.,
MAS Acquisition V Corp., MAS Acquisition VI Corp., MAS Acquisition VII Corp., 
MAS Acquisition VIII Corp., MAS Acquisition IX Corp., MAS Acquisition X Corp., 
MAS Acquisition XI Corp., MAS Acquisition XII Corp., MAS Acquisition XIII 
Corp., MAS Acquisition XIV Corp., MAS Acquisition XV Corp. and MAS 
Acquisition XVI Corp. and in March 1997 each of these companies gifted 
3,100 shares of its common stock, respectively, in reliance on Regulation S 
to non-U.S. persons for the purpose of increasing the number of shareholders.
In September 1998 MAS Acquisition III Corp. gifted 2,070 shares of its common
stock in reliance on Regulation S to non-U.S. persons for the purpose of
increasing the number of shareholders.

     Mr. Chia-Lun Tsai is the father of Mr. Aaron Tsai.

     The Officers and Directors identified in above table are the Company's 
only promoters.

<PAGE>
     
ITEM 10. EXECUTIVE COMPENSATION.

     None of the Company's current officers or directors receive 
any compensation for their respective services rendered unto the
Company, nor have they received such compensation in the past. 
They all have agreed to act without compensation until authorized
by the Board of Directors, which is not expected to occur until the
Company has generated revenues from operations after consummation
of a merger or acquisition.  The Company currently has no funds 
available to pay officer or directors. Further, none of the officer
or directors are accruing any compensation pursuant to any agreement 
with the Company.

     It is possible that, after the Company successfully
consummates a merger or acquisition with an unaffiliated entity,
that entity may desire to employ or retain one or a number of
members of the Company's management for the purposes of providing
services to the surviving entity, or otherwise provide other
compensation to such persons.  However, the Company has adopted a
policy whereby the offer of any post-transaction remuneration to
members of management will not be a consideration in the Company's
decision to undertake any proposed transaction.  Each member of
management has agreed to disclose to the Company's Board of
Directors any discussions concerning possible compensation to be
paid to them by any entity which proposes to undertake a
transaction with the Company and further, to abstain from voting on
such transaction.  Therefore, as a practical matter, if each member
of the Company's Board of Directors is offered compensation in any
form from any prospective merger or acquisition candidate, the
proposed transaction will not be approved by the Company's Board of
Directors as a result of the inability of the Board to 
affirmatively approve such a transaction.

     It is possible that persons associated with management may
refer a prospective merger or acquisition candidate to the Company. 
In the event the Company consummates a transaction with any entity
referred by associates of management, it is possible that such an
associate will be compensated for their referral in the form of a
finder's fee.  It is anticipated that this fee will be either in
the form of restricted common stock issued by the Company as part
of the terms of the proposed transaction, or will be in the form of
cash consideration.  However, if such compensation is in the form
of cash, such payment will be tendered by the acquisition or merger
candidate, because the Company has insufficient cash available. 
The amount of such finder's fee cannot be determined as of the date
of this registration statement, but is expected to be comparable to
consideration normally paid in like transactions.  No member of
management of the Company will receive any finders fee, either
directly or indirectly, as a result of their respective efforts to
implement the Company's business plan outlined herein.

     The Company plans to compensate Aaron Tsai, President of the 
Company between 800,000 to 1,500,000 shares of Common Stock of the 
Company for his services in connection with completion of an 
acquisition or merger. The Company does not intend to compensate any 
other Officers and Directors of the Company or consultants in 
connection with completion of an acquisition or merger in any form 
other than in form of Common Stock to the President of the Company 
and in form of finders fee to the consultant(s).

     No retirement, pension, profit sharing, stock option or
insurance programs or other similar programs have been adopted by
the Company for the benefit of its employees.

<PAGE>

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

PRINCIPLE STOCKHOLDERS

     The following table sets forth certain information as of December
31, 1998 regarding the beneficial ownership of the Company's Common 
Stock by (i) each stockholder known by the Company to be the 
beneficial owner of more than 5% of the Company's Common Stock, (ii) 
by each Director and executive officer of the Company and (iii) by 
all executive officer and Directors of the Company as a group. Each 
of the persons named in the table has sole voting and investment 
power with respect to Common Stock beneficially owned.

<TABLE>
<CAPTION>
                       	     	        Number of            Percentage of
Name and Address	                    Shares Owned           Shares owned
<S>                                     <C>                       <C>
Aaron Tsai                              1,000,000                 99.34%
c/o MAS Acquisition VI Corp.
1710 E. Division St.
Evansville, IN 47711

Chia-Lun Tsai                               0                      *
c/o MAS Acquisition VI Corp.
1710 E. Division St.
Evansville, IN 47711

All Directors & Officers               1,00,000                   99.34%
as a group (2 persons)
</TABLE>

* Less than 1%

<PAGE>

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

     There have been no related party transactions, or any other
transactions or relationships required to be disclosed pursuant to
Item 404 of Regulation S-B.
     
<PAGE>

                        PART IV

ITEM 13.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND 
          REPORTS ON FORM 8-K.

(a)  Financial Statements are contained in Item 7. 

(b)  Reports on Form 8-K 

Form 8-K filed on October 8, 1998 is incorporated by reference.

(c)  Exhibits.

(3.1)       Articles of Incorporation as filed with the Form
            10-SB Registration Statement on March 25, 1998.

(3.2)       Bylaws of the Company as filed with the Form 
            10-SB Registration Statement on March 25, 1998.

(4.1)       Specimen Common Stock Certificate

<PAGE>
            Specimen Common Stock Certificate

NUMBER          					SHARES                         


                   MAS Acquisition VI Corp.
    INCORPORATED UNDER THE LAWS OF THE STATE OF INDIANA

PAR VALUE $0.001
COMMON STOCK


THIS CERTIFIES THAT


is the owner of

   FULLY PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK PAR VALUE OF 
     $0.001 EACH OF

                   MAS Acquisition VI Corp.

transferable on the books of the Corporation in person or by duly authorized 
  attorney upon surrender of this Certificate properly endorsed. 

   Witness the facsimile seal of the Corporation and the facsimile 
     signatures of its duly authorized officers.

DATED:            
                            MAS 
                        ACQUISITION
                          VI CORP.
                       --------------
                       CORPORATE SEAL
                       --------------
     PRESIDENT            INDIANA                        SECRETARY 
 
<PAGE>

  The following abbreviations, when used in the inscription on the face of 
this certificate, shall be construed as though they were written out in full 
according to applicable laws or regulations:

 TEN COM - as tenants in common    UNIF GIFT MIN ACT - _____ Custodian ______
 TEN ENT - as tenants by the entireties                (Cust)          (Minor)
 JT TEN(J/T) - as joint tenants with right of    under Uniform Gifts to Minors
                 survivorship and not as tenants    Act ______________________ 
                 in common                                    (State)
     Additional abbreviations may also be used though not in the above list.


For Value Received ___________________________________ hereby sell, assign and
transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER 
       IDENTIFYING NUMBER OF ASSIGNEE         

_______________________________________________________________________________

_______________________________________________________________________________

_______________________________________________________________________________
PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE
_______________________________________________________________________________

_______________________________________________________________________________

__________________________________________________________________________Shares
of the Capital stock represented by the within Certificate, and do hereby 
irrevocably  constitute and

appoint ________________________________________________________________Attorney
to transfer the said Stock on the books of the within-named Corporation with 
full power of substitution in the premises.

Dated _________________________
                                        X_______________________________________

SIGNATURE GUARANTEE                      _______________________________________
(BY BANK, BROKER, CORPORATE OFFICER)     NOTICE: THE SIGNATURE TO THIS AGREEMENT
                                         MUST CORRESPOND WITH THE NAME AS 
                                         WRITTEN UPON THE FACE OF THE 
                                         CERTIFICATE, IN EVERY PARTICULAR,  
                                         WITHOUT ALTERATION OR ENLARGEMENT, OR 
                                         ANY CHANGE WHATEVER.
 

                                  Exhibit (4.1)

<PAGE>

SIGNATURES

	 Pursuant to the requirements of Section 13 or 15(d) of the Securities
and Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.



MAS ACQUISITION VI CORP.
												

                            
Date: February 18, 1999      

                           By: /s/ Aaron Tsai
                               __________________________________
                               Aaron Tsai
                               President, Chief Executive Officer
                               Treasurer and Director

Date: February 18, 1999     
                           By: /s/ Chia-Lun Tsai									        
                               _________________________________	
                               Chia-Lun Tsai
                               Vice President and Director

<PAGE>