**FORM 10-K-SB**





SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549





**[X] ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d)**


**OF THE SECURITIES EXCHANGE ACT OF 1934**





For the Year Ended September 30, 2004





Commission File Number: 000-28881











**Family Healthcare Solutions, Inc.**











Nevada                                           84-0403762


(Jurisdiction of Incorporation) (I.R.S. Employer Identification No.)





24843 Del Prado, Suite 326 Dana Point, California 92629


(Address of principal executive offices) (Zip Code)





Registrant's telephone number, including area code: (949) 487-7295








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








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





Yes [x] No [  ] (Indicate by check mark whether the Registrant (1) has filed all report required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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.)





As of September 30, 2004 : the number of shares outstanding of the Registrant's Common Stock, was 1,998,692. ; and the aggregate number of shares held by non-affiliates was a pproximately 998,692





We have enjoyed NO REVENUES during the period of this report.





[  ] (Indicate by check mark if disclosure of delinquent filers (§ 229.405) is not and will not to the best of Registrant's knowledge be contained herein, in definitive proxy or information statements incorporated herein by reference or any amendment hereto.)








***Page - 1***



























**TABLE OF CONTENTS**





PART I





ITEM 1. Description of Business


(a) Business Development


(b) Business of the Issuer


(c) No Acquisitions Pending or Expected





ITEM 2. Description of Property





ITEM 3. Legal Proceedings





ITEM 4. Submission of Matters to a Vote of Security Holders





PART II





ITEM 5. Market for Common Equity and Stockholder Matters


(a) Market Information


(b) Holders


(c) Dividends


(d) Sales of Unregistered Common Stock, Three Years





ITEM 6. Management's Discussion and Analysis or Plan of Operation


(a) Plan of Operation for the next twelve months


(b) Discussion and Analysis of Financial Condition and Results of Operations





ITEM 7. Financial Statements





ITEM 8. Changes In and Disagreements With Accountants





PART III





ITEM 9. Directors and Executive Officers, Promoters and Control Persons





ITEM 10. Executive Compensation





ITEM 11. Security Ownership of Certain Beneficial Owners and Management


(a) Security Ownership of Certain Beneficial Owners


(b) Changes in Control





ITEM 12. Certain Relationships and Related Transactions





ITEM 13. Controls and Procedures





ITEM 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K








***Page - 2***











****PART I****








****ITEM****1****. Description of Business.****





**(** **a** **) Business Development** **.**





**(** **1** **) Organization.** This Corporation *Family Healthcare Solutions, Inc.* was duly incorporated in Nevada on April 9, 1998 as *Oasis Entertainment's Fourth Movie Project, Inc* . We have on file with the Securities and Exchange Commission an Amended Form 1-A/Regulation A Offering Statement (File No. 24-3948) under the Securities Act of 1933, as amended. In that Offering Statement our business was described to be the production of low-budget films for theatrical, cable and video release. Since that time, we have caused the voluntary Registration (pursuant to the Securities Exchange Act of 1934) of our common stock as a class of securities. As a practical matter, we were required to register our common stock pursuant to § 12(g) of the 1934 Act. There are no lock-up or shareholder pooling agreements between or among our shareholders. All shares are owned and controlled independently by the persons to whom they are issued. We have no Internet address.





We first list our issuances chronologically, in the share amounts then applicable. We then provide a tabular display to show the effects of the several splits, both reverse and forward. Please refer to the Shareholder Equity section of our financial statements, wherein all share amounts have been retroactively adjusted to reflect those changes. References to the Act (1933) are to the Securities Act of 1933.





**1. Founders Shares:** 10,000,000 shares on April 9, 1998: 5,000,000 shares of common stock were issued (pursuant to Section 4(2) of the Act (1933) to each of the Registrant's two founders (recorded at predecessor cost of $-0-).[These 10,000,000 shares are now 1,333 shares.]





**2. Further Issuances:** On September 30, 1998, 1,500,000 shares of common stock were issued, and on April 20, 1999, 3,310,000 shares of common stock were issued, both at $0.10 per share for a total of $481,000 pursuant to an exemption from registration in an offering made in reliance upon the exemption provided by Regulation A of the Act (1933) to a total of 41 accredited investors. The total shares placed pursuant to Reg A, at $0.10 per share was 4,810,000. These 4,810,000 were the shares issued and outstanding as of our last previous Quarterly Report on Form 10-KSB. [The 4,810,000 shares are now 641 shares.]





**Reverse Split.** On August 27, 2001, we effected a 1 for 100 reverse split of our common stock; such that the 14,810,000 shares were reduced to 148,100 shares; provided that no shareholder owning more than 100 shares should be reversed below 100 shares, and no shareholder owning 100 shares or less should be reversed further. The Record date and Date of Entitlement was Monday, September 10, 2001. The split was pursuant to a mandatory share exchange, resulting in a new trading symbol.





**3. Officer Compensation.** On September 10, 2001, we issued Thirty Million (30,000,000) new investment shares (Rule 144[a]), pursuant to Section 4(2) of the Act (1933). The shares were issued at par value ($0.001) for officer compensation valued at $30,000.00. Please see Part III, Item 10, for more information. [The 30,000,000 after substantial cancellation are now 400 shares.]





**4. Registered Issuance for Services.** On or about December 24, 2001, we registered 6,000,000 shares, on Form S-8, to pay for services in stock rather than cash, pursuant to that certain STOCK FOR SERVICES COMPENSATION PLAN attached thereto. The amount was computed at $0.02 per share for services valued at a total of $120,000.00. [The 6,000,000 shares are now 80,000 shares.]





**Forward Split.** On December 20, 2001, we effected a forward split such that for every one share owned each shareholder will own two shares (2 for 1). The forward split was approved on December 5, 2001. This two for one forward split of the Issuer's common stock was not subject to any fractional shares being rounded up to the nearest share. The Record date was the close of business December 14, 2001 and Date of Entitlement (which means the execution date) was Monday, December 17, 2001. The split was pursuant to a mandatory share exchange, resulting in a new trading symbol.





***Page - 3***


**Reverse Split.** On September 18, 2002, we effected a 3 to 1 reverse split of our common stock





**5. Registered Issuance for Services.** On September 10, 2002 we issued 833,333 (post 3:1) shares for services, pursuant to registration. [These 833,333 shares are now 16,667 shares]





**6.** About January 7, 2003, we sold 25,000,000 new investment shares to GQ Enterprises, Inc, at par value of $0.001, for $2500 cash, pursuant to section 4(2) of the Act (1933), [These 25,000,000 shares are now 500 shares.]





**Reverse Split.** On or about September 15, 2003, we effected a 50 to 1 reverse split of our common stock





**Recent Issuances authorized September 30, 2003, issued in October:**





**7.** 20,000,000 new investment shares of common stock were purchased by our affiliate officer for $20,000.00 cash at @0.001, pursuant to section 4(2) of the Act (1933), on or about September 30, 2003.





**8.** 3,600,000 new investment were issued at $0.00275 to settle $99,000.00 aged corporate debt, to four previous services and materials providers, pursuant to section 4(2) of the Act (1933), on or about September 30, 2003.





**9** . 7,200,000 were issued to our counsel as escrow trustee, as a reserve against outstanding debt for past services and materials, believed to aggregate to $198,000.00. Counsel disclaims beneficial ownership. If not used for the purposes stated, some or all of the 7,200,000 shares will be cancelled and returned to treasury.





**10.** 1,200,000 shares were issued to Jacksonville Management Corp, to settle debt for services of $33,000.00, at $0.00275, pursuant to section 4(2) of the Act (1933), on or about September 30, 2003.





**11, 12.** During late 2003, we cancelled 12,000,000 and 19,000,000 shares, respectively





**Adjustment of share amounts.** The following table is intended to present the effect of the foregoing transactions, giving effect to the reverse and forward splits mentioned above.





***Page - 4***











**reverse**
100 to 1
**forward**
1 to 2
**reverse**
3 to 1
**reverse**
50 to 11. Founders Shares
10,000,000
100,000
200,000
66,667
1,3332. Further Issuances
4,810,000
48,100
96,200
32,066
641Balance 9/30/00
14,810,000
148,100
296,200
**98,733**
1,974carried

148,100
296,200
98,733
1,975Rounding
1,856
3,712
1,235
253. Officer Compensation

30,000,000
60,000,000
26,666,667
533,3334. Registered Issuance for Services
6,000,000
12,000,000
4,000,000
80,000Balance 9/30/01

36,149,956
72,299,912
**30,766,635**
615,333carried


30,766,635
615,333Officer Cancellation


(6,666,667)
-133,333Rounding


1,475
305. Registered Issuance for Services


833,333
16,667Balance 9/30/02


**24,934,776**
498,697carried


24,934,776
498,6976.


25,000,000
500,000carried


49,934,776
998,697Reverse 50 to 1


998,696
998,697Rounding



(5)Balance 9/30/02



**998,692**carried



998,6927. Affiliate purchase



20,000,0008. Debt Settlement



3,600,0009. Reserve for Debt Settlement



7,200,00010. Debt Settlement



1,200,000TOTAL ISSUED and OUTSTANDING 9/30/03



**32,998,692**carried



32,998,69211. Cancellation of Shares



(12,000,000)12. Cancellation of Shares



(19,000,000)TOTAL ISSUED and OUTSTANDING 9/30/04



**1,998,692**








***Page - 5***










**(** **2** **)** ***Bankruptcy, Receivership or Similar Proceeding*** **.** None from inception to date.





**(** **b** **) Business of the Issuer** **.** Pursuant to our original business plan, we produced one full-length movie entitled "The Blood Game" intended for adult video and cable release. Its subject matter is adventure, and it contains nudity and violence. It was completed in November of 1999. The movie was produced for a cost of $168,430. We were unsuccessful in our efforts to sell or distribute this movie. The capitalized costs for this movie were written off as an impairment loss during the year ended September 30, 1999. We do not presently enjoy sufficient funds to attempt another production.


We intend to explore opportunities in the Family Health Care Industry. For that reason we changed our corporate name. As of the date of this report we have done nothing further in that regard.





**(** **c** **) No Acquisitions Pending or Expected** **.** Current conditions are not favorable to pursuing any acquisition transactions at this time, in the opinion of present Management. We are presently dormant, in a holding-pattern and inactive, and expect to remain so for the next twelve months.





****


****ITEM****2****. Description of Property.****





We have no significant property of our own. Our office services are provided by our officers. All equipment involved or which may be involved in future productions will be rented for the days actually needed.


****


****ITEM****3****. Legal Proceedings.****





There are no legal proceedings pending, threatened or suspected, against the Company, as of the preparation of this Report, except the following. A former Officer has commenced litigation against certain of his former associates presuming to sue in the name of this corporation. It does not appear that this is a shareholder derrivative suit, but a personal claim, by that former officer, of a right to control and direct the the affairs of this corporation. Management is of the opinion that this litigation is spurious and without merit or probability of success as to this corporation, whatever effect it may have on other parties.








****


****ITEM****4****. Submission of Matters to a Vote of Security Holders.****





None.





***Page - 6***











****


****PART II****








****


****ITEM****5****. Market for Common Equity and Stockholder Matters.****





**(** **a** **) Market Information** **.** The Common Stock of this Issuer is quoted on the OTCBB (Over-The-Counter Bulletin Board). To the best of the Registrant's knowledge and belief, there has been no market activity, buying or selling, of our common stock, or trading in any security of ours at any time, until recently. The source of the following information is Yahoo Financial.





periodending
high
bid
low
bid
volume3rd 2001
$0.16
0.12
10,0004th 2001
ended 9/30
$3.00
$1.00
1,000,0001st 2002
3.25
1.50
801,0002nd 2002(1)
7.67
3.03
236,6703rd 2002
7.80
1.95
118,3304th 2002
ended 9/30
4.20
0.18
250,0001st 2003
1.60
0.52
12,0002nd 2003
1.60
0.25
6,636,9603rd 2003
0.40
0.10
1,284.0404th 2003
ended 9/30
0.10
.06
2,128.2601st 2004
3.00
0.25
59,0002nd 2004
1.25
0.25
27,0003rd 2004
0.51
0.25
-0-4th 2004
ended 9/30
0.51
0.25
1,500





(1) Post Split 3 to 1 numbers





**(** **b** **) Holders** **.** There are presently approximately 42 shareholders of the common stock of this Registrant.





**(** **c** **) Dividends** **.** We have not paid any cash dividends on our Common Stock, and do not anticipate paying cash dividends on its Common Stock in the next year. We anticipate that any income generated in the foreseeable future will be retained for the development and expansion of our business. Future dividend policy is subject to the discretion of the Board of Directors and will depend upon a number of factors, including future earnings, debt service, capital requirements, business conditions, the financial condition of the Company and other factors that the Board of Directors may deem relevant.





**(** **d** **) Sales of Unregistered Common Stock, Three Years** **.** The following disclosure includes all sales of unregistered common stock during the past three years:





***Page - 7***


On September 10, 2001, we issued Thirty Million (30,000,000) new investment shares (Rule 144[a]), pursuant to Section 4(2) of the Act (1933). The shares were issued at par value ($0.001) for officer compensation valued at $30,000.00. [The 30,000,000 shares after substantial cancellation are now 400 shares.]





About January 7, 2003, we sold 25,000,000 new investment shares to GQ Enterprises, Inc, at par value of $0.001, for $2500 cash, pursuant to section 4(2) of the Act (1933), [These 25,000,000 shares are now 500 shares.]


20,000,000 new investment shares of common stock were purchased by our affiliate officer for $20,000.00 cash at @0.001, pursuant to section 4(2) of the Act (1933), on or about September 30, 2003.





3,600,000 new investment were issued at $0.00275 to settle $99,000.00 aged corporate debt, to four previous services and materials providers, pursuant to section 4(2) of the Act (1933), on or about September 30, 2003.





7,200,000 were issued to our counsel as escrow trustee, as a reserve against outstanding debt for past services and materials, believed to aggregate to $198,000.00. Counsel disclaims beneficial ownership. If not used for the purposes stated, some or all of the 7,200,000 shares will be cancelled and returned to treasury.





1,200,000 shares were issued to Jacksonville Management Corp, to settle debt for services of $33,000.00, at $0.00275, pursuant to section 4(2) of the Act (1933), on or about September 30, 2003.








****ITEM****6****. Management's Discussion and Analysis or Plan of Operation.****





**(** **a** **) Plan of Operation for the next twelve months** . Our management has established a new direction for our future business. We intend to become involved in family health care. Current conditions are not favorable to pursuing any direct or reverse acquisition transactions at this time, in the opinion of present Management. We are presently mostly dormant, as to business activity, while our revised business plan is in development. We would expect to emerge with our new plan during the next twelve months. We have been active most recently in settling aged debt for new investment shares of common stock.





There can be no assurance that we will be successful at any time in the future, in raising sufficient funding from any sources during the next twelve months. Even if we are successful in raising capital through any sources, there can be no assurances that any such financing would be available in a timely manner or on terms acceptable to us and our current shareholders. Additional equity financing could be dilutive to our then existing shareholders, and any debt financing (if any) could involve restrictive covenants with respect to future capital raising activities and other financial and operational matters.





**(** **b** **) Discussion and Analysis of Financial Condition and Results of Operations** **.** We begin by calling attention to certain notes to our financial statements.





Note 2 points out that our financial statements have been prepared assuming that we are a going concern; but caution is raised that our present condition raises substantial doubts about whether we can continue as such a going concern, without the infusion of funding from outside sources.





We have no cash, receivables, or assets, nor history of revenues. We have engaged in no operations during the period of this report except as reported in Item 1 of Part I.





We have substantial liabilities which we are working to settle for new investment shares of common stock. Our current expenses have been legal and professional fees.





***Page - 8***


We are presently dormant and inactive and expect to remain so for the next six months.





There is no assurance that we will ever launch operation, make an acquisition or achieve profitability for shareholders.








****ITEM****7****. Financial Statements.****





Our Board of Directors, serving as its own Audit Committee, has made the required reviews as imposed upon the Audit Committee by the Securities and Exchange Commission rules and regulations. The attached financial statements have been approved for content and accuracy as discussed in the Audit Committee report filed as Attachment A hereto.


**Financial Statements**FKA-04
following
Audited Financial Statementsfor the years ended September 30, 2004, 2003,
and from inception April 9, 1998.








The Remainder of this Page is Intentionally left Blank





***Page - 9***































































































***Page - 10***































































***Page - 11***



















































































***Page - 12***
















**FAMILY HEALTHCARE SOLUTIONS, INC**
(A Development Stage Company)









ASSETS
September 30,CURRENT ASSETS

2004Cash and cash equivalents
$
-Total Current Assets

-TOTAL ASSETS
$
-LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable
$
-Notes payable - related parties (Note 6)

569,044Total Current Liabilities

569,044STOCKHOLDERS' EQUITYCommon stock; 100,000,000 shares authorized of $0.001par value, 1,998,692 shares issued and outstanding 1,999Additional paid-in capital

860,483Deficit accumulated during the development stage

(1,431,526
)Total Stockholders' Equity

(569,044
)TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$
-




***Page - 13***







FAMILY HEALTHCARE SOLUTIONS, INC






FromInception onApril 9,For the Years Ended

1998 ThroughSeptember 30

September 30,2004


2003


2004REVENUES

$
-

$
-

$
-EXPENSESLegal fees


-


89,834


207,743Consulting fees


-


-


251,272Bad debt expense


-


-


46,300General and administrative


40,250


84,014


314,114Total Expenses


40,250


173,848


819,429LOSS BEFORE DISCONTINUEDOPERATIONS


-


-


(819,429
)Net loss from discontinued operations


-


-


(292,036
)Net loss from disposal of discontinuedoperations


-


-


(115,947
)Net loss from operations


(40,250
)

(173,848
)

(1,227,412
)OTHER INCOME (EXPENSE)Impairment loss (Note 1)


-


-


(168,430
)Interest expense


(40,293
)

-


(88,081
)Interest income


-


-


52,398Total Other Income (Expense)


-


-


(204,113
)NET LOSS


(80,543
)

(173,848
)

(1,431,525
)OTHER COMPREHENSIVE INCOME (LOSS)Change in value of securitiesavailable-for-sale


-


-


-Total Other Comprehensive Income(Loss)


-


-


-NET COMPREHENSIVE (LOSS)

$
(80,543
)
$
(173,848
)
$
(1,431,525
)BASIC LOSS PER SHARE

$
(0.04
)
$
(0.20
)
$
(2.48
)WEIGHTED AVERAGE NUMBEROF SHARES OUTSTANDING


1,998,692


873,696


575,591





***Page - 14***


FAMILY HEALTHCARE SOLUTIONS, INC









Accumulated


DeficitOther


AccumulatedAdditional


Stock


Comprehensive


During theCommon Stock

Paid-In


Subscription


Income


DevelopmentShares


Amount


Capital


Receivable


(Loss)


StageBalance at inception onApril 9, 1998


-

$
-

$
-

$
-

$
-

$
-Common stock issued tofounders recorded atpredecessor cost of $0.00


1,333


-


(1
)

-


-


-Common stock issued forcash at $5.00 per share


200


-


150,000


(150,000
)

-


-Net loss from inception onApril 9, 1998 throughSeptember 30, 1998


-


-


-


-


-


-Balance, September 30, 1998


1,533


1


149,999


(150,000
)

-


-Receipt of stock subscription


-


-


-


150,000


-


-Common stock issued for cashat $5.00 per share


442


1


330,999


-


-


-Accrued interest on notes torelated parties recorded ascontributed capital


-


-


4,628


-


-


-Net loss for the year endedSeptember 30, 1999


-


-


-


-


-


(194,139
)Balance, September 30, 1999


1,975


2


485,626


-


-


(194,139
)Holding loss on securitiesavailable-for-sale


-


-


-


-


(111,563
)

-Accrued interest on notes torelated parties recorded ascontributed capital


-


-


12,580


-


-


-Net loss for the year endedSeptember 30, 2000


-


-


-


-


-


(21,427
)Balance, September 30, 2000


1,975

$
2

$
498,206

$
-

$
(111,563
)
$
(215,566
)






***Page - 15***





**FAMILY HEALTHCARE SOLUTIONS, INC**
(A Development Stage Company)
Statements of Stockholders Equity (continued)














Accumulated


DeficitOther


AccumulatedAdditional


Stock


Comprehensive


During theCommon Stock

Paid-In


Subscription


Income


DevelopmentShares


Amount


Capital


Receivable


(Loss)


Stage


Balance, September 30, 2000


1,975


2


498,206


-


(111,563
)

(215,566
)Fractional shares issued


23


-


-


-


-


-Common shares issued todirectors at $0.0005 forservices rendered


533,333


533


39,467


-


-


-Common shares issuedat $0.01 per share forservices rendered


80,000


80


119,920


-


-


-Holding gain recognized on securitiesheld as available-for-sale


-


-


-


-


205,913


-Interest accrued on notes payable torelated parties recorded as additionalpaid-in capital


-


-


9,000


-


-


-Net loss for the year endedSeptember 30, 2001


-


-


-


-


-


(404,165
)Balance, September 30, 2001


615,331


615


666,593


-


94,350


(619,731
)Cancellation of shares by officers


(133,333
)

(133
)

133


-


-


-Fractional shares


28


-


-


-


-


-Shares issued for services


16,666


16


101,255


-


-


-Sale of Investments


-


-


-


-


(94,350
)

-Interest accrued on notes payable torelated parties recorded as contributionto capital


-


-


9,000


-


-


-Net loss for the year endedSeptember 30, 2002


-


-


-


-


-


(557,403
)Balance, September 30, 2002


498,692

$
499

$
776,981

$
-

$
-

$
(1,177,134
)1/6/03 - shares issued for satisfaction ofpayable and services provided


500,000


500


24,502Net loss for the year endedSeptember 30, 2003


-


-


-


-


-


(173,848
)Balance, September 30, 2003


998,692

$
999

$
801,483

$
-

$
-

$
(1,350,982
)







***Page - 16***





**FAMILY HEALTHCARE SOLUTIONS, INC**


(Formerly Oasis Entertainments Fourth Movie Project, Inc.)


(A Development Stage Company)


Statements of Stockholders Equity





Accumulated


DeficitOther


AccumulatedAdditional


Stock


Comprehensive


During theCommon Stock

Paid-In


Subscription


Income


DevelopmentShares


Amount


Capital


Receivable


(Loss)


Stage


Balance, September 30, 2003


998,692


999


801,483


-


-


(1,350,982
)10/2/03 - shares issued for satisfaction ofpayable and services provided


1,000,000


1,000


59,000


-


-


-Net loss for the year endedSeptember 30, 2004


-


-


-


-


-


(80,543
)Balance, September 30, 2004


1,998,692

$
1,999

$
860,483

$
-

$
-

$
(1,431,525
)


***Page - 17***


**FAMILY HEALTHCARE SOLUTIONS, INC**


(A Development Stage Company)


Statements of Cash Flows












Inception onApril 9For the Years Ended

1998 ThroughSeptember 30,

September 30,2004


2003


2004CASH FLOWS FROM OPERATING ACTIVITIESNet loss

$
(80,543
)
$
(173,848
)
$
(1,431,525
)Adjustments to reconcile net loss to net cash (used)by operating activities:Bad debt expense


-


-


46,300Common stock issued for services


60,000


22,500


343,772Common stock issued for debt relief


-


2,500


2,500Interest on notes payable - related party


-


-


35,208Loss on disposal of discontinued operations


-


-


397,995Changes in assets and liabilities:(Increase) in interest receivable


-


-


(42,995
)Increase (decrease) in accounts payable


20,543


148,848


169,391Net Cash (Used) by Operating Activities


-


-


(479,354
)CASH FLOWS FROM INVESTING ACTIVITIESCash paid for investments


-


-


(255,000
)Net Cash (Used) by Investing Activities


-


-


(255,000
)CASH FLOWS FROM FINANCING ACTIVITIESProceeds paid on notes receivable - related parties


-


-


(246,300
)Principal received on notes receivable - relatedparties


-


-


100,000Proceeds received on notes payable - related party


-


-


399,654Common stock issued for cash








481,000Net Cash Provided by Financing Activities








734,354NET INCREASE (DECREASE) IN CASH


-


-


-CASH AT BEGINNING OF PERIOD


-


-


-CASH AT END OF PERIOD

$
-

$
-

$
-SUPPLEMENTAL CASH FLOW INFORMATIONCASH PAID FOR:Interest

$
-

$
-

$
-Income taxes

$
-

$
-

$
-




***Page - 18***





**FAMILY HEALTHCARE SOLUTIONS, INC**


(Formerly Oasis Entertainments Fourth Movie Project, Inc.)


(A Development Stage Company)


Notes to the Financial Statements


September 30, 2004 and 2003








NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES





a. Organization





Family Healthcare Services, Inc.(Formerly Oasis Entertainments Fourth Movie Project, Inc.) (the Company) was incorporated on April 9, 1998 under the laws of the State of Nevada. The company changed its name on September 19, 2003. The company is primarily in the business of producing film and video for theatrical, cable and televised releases.





The Company has limited operations, assets and liabilities. Accordingly, the Company is dependent upon management and/or significant shareholders to provide sufficient working capital to preserve the integrity of the corporate entity during this phase. It is the intent of management and significant shareholders to provide sufficient working capital necessary to support and preserve the integrity of the corporate entity.





b. Accounting Method





The Companys financial statements are prepared using the accrual method of accounting. The Company has elected a September 30 year end.





c. Cash and Cash Equivalents





Cash equivalents include short-term, highly liquid investments with maturities of three months or less at the time of acquisition.





d. Basic Loss Per Share





Basic loss per common share has been calculated based on the weighted average number of shares of common stock outstanding during the period.











For the years endedSeptember 30,2004


2003Numerator - loss

$
(80,543
)
$
(173,848
)Denominator - weighted average number ofshares outstanding


1,998,692


873,696Loss per share

$
(0.04
)
$
(0.20
)







***Page - 19***


**FAMILY HEALTHCARE SOLUTIONS, INC**


(Formerly Oasis Entertainments Fourth Movie Project, Inc.)


(A Development Stage Company)


Notes to the Financial Statements


September 30, 2004 and 2003








NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


(Continued)





e. Income Taxes





At September 30, 2004, the Company had net operating loss carryforwards of approximately $1,431,525 that may be offset against future taxable income. The loss carryforwards begin to expire in 2018. No tax benefit has been reported in the September 30, 2004 financial statements since the potential tax benefit is offset by a valuation allowance of the same amount.








Deferred tax assets are comprised of the following:





For the years endedSeptember 30,2004


2003Numerator - loss Carryforward

$
501,033

$
386,080Valuation allowance


(501,033 )


(386,080)$
-

$
-







f. Additional Accounting Policies





Additional accounting policies will be established once planned principal operations commence.











****


****


***Page - 20***


**FAMILY HEALTHCARE SOLUTIONS, INC**


(Formerly Oasis Entertainments Fourth Movie Project, Inc.)


(A Development Stage Company)


Notes to the Financial Statements


September 30, 2004 and 2003








NOTE 1 -  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (Continued)





g. 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 of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.





h. Investments in Available-for-Sale Securities





The Company had a limited portfolio of investments in marketable equity securities at September 30, 2001. In 2002 all securities were returned pursuant to a settlement agreement, (See Note 3). Management determines the appropriate classification of all securities at the time they are acquired and evaluates the appropriateness of such classifications at each balance sheet date.





Available-for-sale securities consist of marketable securities not classified as either trading or held-to-maturity. Available-for-sale securities are stated at fair market value, and all unrealized holding gains and losses, net of the related deferred tax effect, are reported as a separate component of stockholders equity under the subheading Accumulated other comprehensive income (loss).





NOTE 2 -  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 and to allow it to continue as a going concern. It is the intent of the Company to seek out and consummate a merger with an existing operating company or find other business operations. Until this occurs, shareholders of the Company have committed to meeting the Companys operating expenses.





NOTE 3 -  ROYALTY AGREEMENT - RELATED PARTY





On March 24, 1999, the Company entered into an agreement with Reliant Interactive Media Corporation (Reliant), a related party, under which the Company committed to provide funding for three infomercials Reliant was to produce. Under the terms of this agreement, the Company provided a total of $250,000 for this purpose. As consideration for this funding, Reliant issued 250,000 restricted, post-split shares of its common stock to the Company. Also, Reliant agreed to pay the Company a royalty equal to two percent of the adjusted gross revenues created by the infomercials until the Company had received $625,000. The royalty would be reduced to one percent of the revenues thereafter.











***Page - 21***





**FAMILY HEALTHCARE SOLUTIONS, INC**


(Formerly Oasis Entertainments Fourth Movie Project, Inc.)


(A Development Stage Company)


Notes to the Financial Statements


September 30, 2004 and 2003








NOTE 3 -  ROYALTY AGREEMENT - RELATED PARTY - (Continued)





In June 2002, the Company agreed to settle $283,203 in payables with Reliant by


transferring the above stock and canceling a note receivable in the amount of $144,150 with accrued interest, due from Reliant. The Company also transferred all movie and editing activities in connection with the settlement agreement. The loss is disclosed under disposal of discontinued operations. The Royalty agreement was also canceled pursuant to the settlement agreement.





NOTE 4 -  INVESTMENT AND NOTE RECEIVABLE





On March 24, 1999, the Company entered into an agreement with Reliant Interactive Media Corporation (Reliant) under which the Company provided funding of $250,000 to Reliant (see Note 3). As consideration for this funding, Reliant issued 250,000 restricted, post-split shares of its common stock to the Company upon completion of the funding. The investment was originally recorded at its cost of $250,000.





On May 25, 1999, the Company agreed to lend another $200,000 to Reliant. This loan accrues interest at 10% per annum and was due on September 1, 1999. As part of the consideration for this loan, Reliant issued 5,000 shares of its restricted common stock to the Company. The 5,000 shares were originally recorded at a cost of $1.00 per share, based on the determination of the previous agreement. As of June 10, 2002, the outstanding principal balance of this loan was $100,000, plus $44,150 in accrued interest. The note was then canceled pursuant to the settlement agreement as mentioned in NOTE 3.








NOTE 5 -
NOTES PAYABLE - RELATED PARTIES





As of September 30, 2004, the Company had a total of $569,044 in accounts payable to Paladin Global Group, Ltd.(Paladin) a shareholder. This accounts payable bears interest at a rate of 18% per annum. Paladin loaned the Company $151,348 and $54,502 during the years ending September 30, 2004 and 2003, respectively. Payments were made on this related party debt of $60,000 and $2,500 for the years ended September 30, 2004 and 2003 respectively. As of September 30, 2004, the Company had not yet made any cash payments on the payable, however; stock was issue to Paladin with a value of $60,000 that was applied to the amount owed. Paladin has made no demands for any other payments.























***Page - 22***











**FAMILY HEALTHCARE SOLUTIONS, INC**


(Formerly Oasis Entertainments Fourth Movie Project, Inc.)


(A Development Stage Company)


Notes to the Financial Statements


September 30, 2004 and 2003








NOTE 6 -
COMMON STOCK TRANSACTIONS





In 1998, the Company issued 200 shares of its common stock under a stock subscription at $15.00 per share. The stock subscription was collected in 1999 for $150,000 in cash. In 1999, the Company also issued an additional 441 shares of its common stock for cash at $15.00 per share for proceeds of $331,000.





During the year ended September 30, 2001, the Company elected to perform a 1 for 100 reverse-split of its common stock. The total issued and outstanding shares immediately after the reverse-split totaled 1,975. The Company also issued 23 fractional shares pursuant to this action.





In September 2001, the Company elected to issue 533,333 (forward split) shares of its common stock to directors for services rendered. These shares were valued at a value of $0.001(pre-split shares). Later, the Company elected to issue an additional 80,000 shares of its common stock at $0.032 (pre-split) per share, as consideration for services rendered by outside parties.





Effective October 1, 2001, officers of the Company cancelled 133,333 shares of common stock for no consideration.





In December 2001, the Company elected to forward-split its common stock on a 2 for 1 basis. All references to the Companys common stock made herein have been retroactively stated to reflect this action.





During the year ended September 30, 2002, the Company elected to perform a 1 for 3 reverse stock split. Fractional shares of 28 were issued therewith. The financial statements have been retroactively restated to reflect this split.








In September 2002, the Company authorized the issuance fo 16,666 shares to be issued pursuant to an S-8 offering, for services valued at $101,272 (or $.12 per share).








In January 2003, the Company issued 500,000 shares of common stock with a value of $25,000 to Paladin Global Group. The $2,500 was applied against the debt that the Company owes to Paladin, and $22,500 was for expenses for services provided.





During September 2003, the Board of Directors authorized a 1 for 50 reverse split. These financial statements have been retroactively restated to reflect the reverse split.





In October 2003, the Company issued 1,000,000 shares of common stock with a value of $60,000 to Paladin Global Group as a payment on the related party payable.







***Page - 23***


****ITEM****8****. Changes In and Disagreements With Accountants.****





None.





****


****PART III****








****


****ITEM****9****. Directors and Executive Officers, Promoters and Control Persons.****





Dan Sifford was our previous Officer and Director. Mark Libratore became a nominal officer briefly, but did not serve or consummate his office.


Teodoro F. Franco L. Sole Officer/Director, for over thirty years, been a specialist in maritime and aviation law. Mr. Franco is a partner in Franco and Franco, one of the most prestigious law firms in Panamá with offices around the world. In addition to his law practice he has served as Panamanian Consul to Liverpool, England and for the past five years as Ambassador to Great Britain. The firm of Franco and Franco is regarded with the highest degree of integrity and professionalism in the business and political community in Panamá with its partners and several of its associates holding or having held public office. Teodoro Franco ' s brother and partner, Dr. Juaquin F. Franco, Jr., has held many public offices over the past four decades, most recently as the Governor of Colon Province, the state containing the Atlantic entrance to the Panama Canal and the Colon Free Zone. His nephew and associate in the firm, Juaquin F. Franco, III, has served as the Minister of Commerce and is currently a member of the House of Representatives and a candidate for President of the Republic. The firm practices maritime, aviation and commercial law and currently is the legal firm for: IBERIA (the Spanish national airline), KLM (the Dutch national airline), VIASA (the Venezuelan national airline), Aeroflot (the Russian national airline) and various smaller Latin American national airlines as well as being the registered agents for thousands of ocean going ships around the world flying the Panamanian flag. Mr. Franco brings to the Company a wealth of international legal, commercial and diplomatic experience.








****


****ITEM****10****. Executive Compensation.****





None during the period covered by this report, or the previous fiscal year.





The Remainder of this Page is Intentionally left Blank





***Page - 24***














****


****ITEM****11****. Security Ownership of Certain Beneficial Owners and Management.****





**(** **a** **) Security Ownership of Certain Beneficial Owners** **.** To the best of Registrant's knowledge and belief the following disclosure presents the total security ownership of all persons, entities and groups, known to or discoverable by Registrant, to be the beneficial owner or owners of more than five percent of any voting class of Registrant's stock.





Name and Address of
Beneficial Owner
Ownership
%Teodoro F. Franco L.
PO Box 8807
Panama 5 Panama SoleOfficer/Director
1,000,400
50.05All Officers and Directors as a Group
1,000,400
50.05Total Shares Issued and Outstanding 1,998,692
1,998,692
100.00





**(** **b** **) Changes in Control** **.** There are no arrangements known to Registrant, including any pledge by any persons, of securities of Registrant, which may at a subsequent date result in a change of control of the Issuer, other than the probability mentioned in Item 1 and elsewhere. Mr. Franco has acquired effective control of this corporation, by purchasing shares for cash.








***Page - 25***


****


****ITEM****12****. Certain Relationships and Related Transactions.****





None.








****


****ITEM****13****. Controls and Procedures.****





**Evaluation of Disclosure Controls and Procedures.** Based upon an evaluation under supervision and with the participation of our management, as of a date within 90 days of the filing date of this Annual Report on form 10-KSB, our principal executive officer and principal financial officer have concluded that our disclosure controls and procedures (as defined in Rules 13a-14(c) and 15d-14(c)) under the Securities Exchange Act of 1934, are effective to ensure that information required to be disclosed (in reports that we file or submit under that Exchange Act) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.





**Changes in Internal Accounting.** There were no significant changes in our internal controls or other factors that could significantly affect these controls subsequent to the date of their evaluation. There wee no significant deficiencies or material weaknesses, and therefore there were no corrective actions taken. However, the design of any system of controls is based in part upon the assumptions about the likelihood of future events, and there is no certainty that any design will succeed in achieving its stated goal under all potential future considerations, regardless of how remote.





***Page - 26***














****


****ITEM****14****. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.****





**The following Exhibits are attachments hereto.**








Exhibit A AUDIT COMMITTEE REPORT





Exhibit 31 SECTION 302 CERTIFICATION





Exhibit 32 CERTIFICATION PURSUANT TO 18 USC SECTION 1350





**Form 8-K Reports** . None.





**The following Exhibits are incorporated by reference from our previous Annual Reports.**





**[3] Articles of Incorporation and By-laws**3.1
ARTICLES OF INCORPORATION3.2
BY-LAWS








****


***Page - 27***


**SIGNATURES**








*Pursuant to the requirements* of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in their individual capacities and on the date, as indicated.





**


***Family Healthcare Solutions, Inc.***


a nevada corporation





Dated: December 8, 2004










***/s/Teodoro F. Franco L.***


Teodoro F. Franco L.


Sole Officer/Director











***Page - 28***











**Exhibit A**





**AUDIT COMMITTEE REPORT**








***Page - 29***







*Family Healthcare Solutions, Inc.*


24843 Del Prado, Suite 326


Dana Point, California 92629


Form Type: 10-KSB





**AUDIT COMMITTEE REPORT**





The Audit Committee of *Family Healthcare Solutions, Inc.* is composed of the Corporation's Board of Directors.  The Committee recommended, subject to stockholder ratification, the selection of the Corporation's independent accountants.





Management is responsible for the Corporation's internal controls and the financial reporting process. The independent accountants are responsible for performing an independent audit of the Corporation's consolidated financial statements in accordance with the generally accepted auditing standards and to issue a report thereon. The Committee's responsibility is to monitor and oversee these processes.





In this context, the Committee has met and held discussions with management and the independent accountants. Management represented to the Committee that the Corporation's financial statements were prepared in accordance with generally accepted accounting principles, and the Committee has reviewed and discussed the consolidated financial statements with management and the independent accountants. The Committee discussed with the independent accountants matters required to be discussed by the Statement on Auditing Standards No. 61.





The Corporation's independent accountants also provided to the Committee the written disclosures required by Independence Standards Board Standard No. 1, and the Committee discussed with the independent accountant that firms independence.





Based upon Committee's discussion with management and the independent accountants and the Committee's review of the representation of management and the report of the independent accountants to the Committee, the Committee recommended that the audited consolidated financial statements be included in the Corporation's Annual Report on Form 10-KSB for the year ended September 30, 2004 filed with the Securities and Exchange Commission.













***/s/Teodoro F. Franco L.***
 Teodoro F. Franco L.
 Sole Officer/Director









***Page - 30***








**Exhibit 31**





**Section 302 Certification**
















**CERTIFICATIONS PURSUANT TO SECTION 302**





I,Teodoro F. Franco L., certify that:





1. I have reviewed this Annual report on Form 10-KSB of *Family Healthcare Solutions, Inc.* ;




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 the registrant as of, and for, the periods presented in this Annual report;




4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:




a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, 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 the registrant'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 registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's 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 the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's 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 the registrant's internal controls; and





6. The registrant's other certifying officers and I have indicated in this Annual report whether 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.





Dated: December 8, 2004












***/s/Teodoro F. Franco L.***
 Teodoro F. Franco L.
 Sole Officer/Director







***Page - 31***


**Exhibit 32**





**CERTIFICATION PURSUANT TO 18 USC SECTION 1350**





***Page - 32***










**CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,**


**AS ADOPTED PURSUANT TO SECTION 906 OF THE**


**SARBANES-OXLEY ACT OF 2002**











CERTIFICATION OF CUSTODIAN







In connection with the Annual Report of *Family Healthcare Solutions, Inc.* , a Nevada corporation (the "Company"), on 10-KSB for the year ended September 30, 2004 as filed with the Securities and Exchange Commission (the "Report"), I, Teodoro F. Franco L. , certify, pursuant to 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), that to my knowledge:










(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and





(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.







Dated: December 8, 2004














***/s/Teodoro F. Franco L.***
 Teodoro F. Franco L.
 Sole Officer/Director


***Page - 33***