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UNITED STATES
SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

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FORM 10-Q

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the Quarter Ended March 31, 2002

Commission File Number 33-98404

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T.J.T., INC.(Exact name of registrant as specified in its charter)

|WASHINGTON                                                     |  | 82-0333246                       
|-------------------------------------------------------------- |  | ---------------------------------
|(State or other jurisdiction of
incorporation or organization) |  | (IRS Employer Identification No.)

843 North Washington, P.O. Box 278, Emmett, Idaho 83617(Address of principal executive offices)

(208) 365-5321(Issuer's telephone number)

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Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act 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 the past 90 days.
Yes ý No o

At
March 31, 2002, the registrant had 4,854,739 shares of common stock outstanding.

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T.J.T., INC.        Form 10-Q        March 31, 2002        TABLE OF CONTENTS

|                                 |  |                                                                                           |  | PAGE
|-------------------------------- |  | ----------------------------------------------------------------------------------------- |  | ----
|PART I.    FINANCIAL INFORMATION
|Item 1.                          |  | Financial Statements (Unaudited)                                                          |  |     
|                                 |  | Balance Sheets at March 31, 2002 and September 30, 2001                                   |  | 3   
|                                 |  | Statements of Operation for the Three Months and Six Months Ended March 31, 2002 and 2001 |  | 4   
|                                 |  | Statements of Cash Flows for the Six Months Ended March 31, 2002 and 2001                 |  | 5   
|                                 |  | Notes to Financial Statements                                                             |  | 6   
|Item 2.                          |  | Management's Discussion and Analysis of Financial Condition and Results of Operations     |  | 9   
|PART II. OTHER INFORMATION      
|Item 1.                          |  | Legal Proceedings                                                                         |  | 11  
|Item 2.                          |  | Changes in Securities and Use of Proceeds                                                 |  | 11  
|Item 3.                          |  | Defaults Upon Senior Securities                                                           |  | 11  
|Item 4.                          |  | Submission of Matters to a Vote of Security Holders                                       |  | 11  
|Item 5.                          |  | Other Information                                                                         |  | 11  
|Item 6.                          |  | Exhibits and Reports on Form 8-K                                                          |  | 12  
|Signatures                       |  | 12                                                                                       

2

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T.J.T., INC.  BALANCE SHEETS  (Dollars in thousands)

|                                                               |                                                                                                      | March 31,
2002             |                                            | Sept. 30,
2001 |      
|-------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------- | -------------------------- | ------------------------------------------ | -------------- | -----
|Current assets:                                                |                                                                                                      |                            |                                            |                |      
|                                                               | Cash and cash equivalents                                                                            |                            | $                                          | 25             |      
|                                                               | Accounts receivable and notes receivable (net of allowances for doubtful accounts of $91 and $84)    |                            |                                            | 1,413          |      
|                                                               | Inventories                                                                                          |                            |                                            | 3,080          |      
|                                                               | Prepaid expenses and other current assets                                                            |                            |                                            | 108            |      
|                                                               |                                                                                                      |                            |                                            |                |      
|                                                               |                                                                                                      | Total current assets       |                                            |                | 4,626
|Property, plant and equipment, net of accumulated depreciation |                                                                                                      |                            | 807                                        |                |      
|Notes receivable                                               |                                                                                                      |                            | 204                                        |                |      
|Notes receivable from related parties                          |                                                                                                      |                            | 171                                        |                |      
|Real estate held for investment                                |                                                                                                      |                            | 610                                        |                |      
|Deferred charges and other assets                              |                                                                                                      |                            | 104                                        |                |      
|Deferred tax asset                                             |                                                                                                      |                            | 695                                        |                |      
|Goodwill                                                       |                                                                                                      |                            |                                           |                |      
|                                                               |                                                                                                      |                            |                                            |                |      
|                                                               | Total assets                                                                                         |                            | $                                          | 7,217          |      
|                                                               |                                                                                                      |                            |                                            |                |      
|Current liabilities:                                           |                                                                                                      |                            |                                            |                |      
|                                                               | Accounts payable                                                                                     |                            |                                            | 1,058          |      
|                                                               | Accrued liabilities                                                                                  |                            |                                            | 237            |      
|                                                               |                                                                                                      |                            |                                            |                |      
|                                                               |                                                                                                      | Total current liabilities  |                                            |                | 1,295
|Deferred credits and other noncurrent obligations              |                                                                                                      |                            | 104                                        |                |      
|                                                               |                                                                                                      |                            |                                            |                |      
|                                                               | Total liabilities                                                                                    |                            |                                            | 1,399          |      
|Shareholders' equity:                                          |                                                                                                      |                            |                                            |                |      
|                                                               | Common stock, $.001 par value; 10,000,000 shares authorized; 4,854,739 shares issued and outstanding |                            |                                            | 5              |      
|                                                               | Capital surplus                                                                                      |                            |                                            | 6,181          |      
|                                                               | Retained earnings                                                                                    |                            |                                            | 25             |      
|                                                               | Treasury stock (349,800 shares at cost)                                                              |                            |                                            | (393           | )    
|                                                               |                                                                                                      |                            |                                            |                |      
|                                                               |                                                                                                      | Total shareholders' equity |                                            |                | 5,818
|                                                               |                                                                                                      |                            |                                            |                |      
|                                                               |                                                                                                      |                            | Total liabilities and shareholders' equity |                | $    
|                                                               |                                                                                                      |                            |                                            |                |      

See
accompanying notes to financial statements.

3

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T.J.T., INC.  STATEMENTS OF OPERATION  (Dollars in thousands except per share amounts)

|                                                            |                                                             | Three Months Ended
March 31, |           | Six Months Ended
March 31, |      
|----------------------------------------------------------- | ----------------------------------------------------------- | ---------------------------- | --------- | -------------------------- | -----
|
|Sales (net of returns and allowances):                      |                                                             |                              |           |                            |      
|                                                            | Axles and tires                                             |                              | $         | 3,898                      |      
|                                                            | Accessories and siding                                      |                              |           | 1,010                      |      
|                                                            |                                                             |                              |           |                            |      
|                                                            |                                                             | Total sales                  |           |                            | 4,908
|Cost of goods sold                                          |                                                             |                              |           |                            |      
|                                                            | Axles and tires                                             |                              |           | 3,227                      |      
|                                                            | Accessories and siding                                      |                              |           | 734                        |      
|                                                            |                                                             |                              |           |                            |      
|                                                            |                                                             | Total cost of goods sold     |           |                            | 3,961
|                                                            |                                                             |                              |           |                            |      
|                                                            | Gross profit                                                |                              |           | 947                        |      
|Selling, general and administrative expenses                |                                                             |                              | 1,210     |                            |      
|                                                            |                                                             |                              |           |                            |      
|                                                            | Operating income (loss)                                     |                              |           | (263                       | )    
|Interest income                                             |                                                             |                              | 15        |                            |      
|Interest expense                                            |                                                             |                              |          |                            |      
|Investment property income (expense)                        |                                                             |                              | 25        |                            |      
|Other income                                                |                                                             |                              | (1        | )                          |      
|                                                            |                                                             |                              |           |                            |      
|                                                            | Income (loss) before taxes                                  |                              |           | (224                       | )    
|Income taxes (benefit)                                      |                                                             |                              | (78       | )                          |      
|                                                            |                                                             |                              |           |                            |      
|                                                            | Income (loss) before cumulative effect of accounting change |                              |           | (146                       | )    
|Cumulative effect of accounting change, net of income taxes |                                                             |                              |          |                            |      
|                                                            |                                                             |                              |           |                            |      
|                                                            | Net income (loss)                                           |                              | $         | (146                       | )    
|                                                            |                                                             |                              |           |                            |      
|Net income (loss) per common share                          |                                                             |                              |           |                            |      
|                                                            | Continuing operations                                       |                              | $         | (.03                       | )    
|                                                            | Cumulative effect of accounting change                      |                              |           |                           |      
|                                                            |                                                             |                              |           |                            |      
|Net income (loss)                                           |                                                             | $                            | (.03      | )                          | $    
|                                                            |                                                             |                              |           |                            |      
|Weighted average shares outstanding                         |                                                             |                              | 4,504,939 |                            |      
|                                                            |                                                             |                              |           |                            |      

See
accompanying notes to financial statements.

4

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T.J.T., INC.  STATEMENTS OF CASH FLOWS  (Dollars in thousands)

|                                          |                                                                                   | For the six months ended
March 31,                  |                                                 
|----------------------------------------- | --------------------------------------------------------------------------------- | --------------------------------------------------- | ------------------------------------------------
|
|Cash flows from operating activities:     |                                                                                   |                                                     |                                                 
|                                          | Net loss                                                                          |                                                     | $                                               
|                                          | Adjustments to reconcile net income to net cash provided by operating activities: |                                                     |                                                 
|                                          |                                                                                   | Depreciation and amortization                       |                                                 
|                                          |                                                                                   | Cumulative effect of accounting change              |                                                 
|                                          |                                                                                   | Gain on sale of assets                              |                                                 
|                                          |                                                                                   | Change in receivables                               |                                                 
|                                          |                                                                                   | Change in inventories                               |                                                 
|                                          |                                                                                   | Change in prepaid expenses and other current assets |                                                 
|                                          |                                                                                   | Change in accounts payable                          |                                                 
|                                          |                                                                                   | Change in taxes                                     |                                                 
|                                          |                                                                                   | Change in other assets and liabilities              |                                                 
|                                          |                                                                                   |                                                     |                                                 
|                                          |                                                                                   |                                                     | Net cash provided (used) by operating activities
|                                          |                                                                                   |                                                     |                                                 
|Cash flows from investing activities:     |                                                                                   |                                                     |                                                 
|                                          | Additions to property, plant and equipment                                        |                                                     |                                                 
|                                          | Proceeds from sale of assets                                                      |                                                     |                                                 
|                                          | Issuance of notes receivable                                                      |                                                     |                                                 
|                                          | Payments on notes receivable                                                      |                                                     |                                                 
|                                          | Land purchased for investment                                                     |                                                     |                                                 
|                                          | Sale of land purchased for investment                                             |                                                     |                                                 
|                                          |                                                                                   |                                                     |                                                 
|                                          |                                                                                   | Net cash provided (used) by investing activities    |                                                 
|                                          |                                                                                   |                                                     |                                                 
|Cash flows from financing activities:     |                                                                                   |                                                     |                                                 
|                                          | Net proceeds from credit line                                                     |                                                     |                                                 
|                                          |                                                                                   |                                                     |                                                 
|                                          |                                                                                   | Net cash provided (used) by financing activities    |                                                 
|                                          |                                                                                   |                                                     |                                                 
|Net decrease in cash and cash equivalents |                                                                                   |                                                     | (304                                            
|Beginning cash and cash equivalents       |                                                                                   |                                                     | 329                                             
|                                          |                                                                                   |                                                     |                                                 
|Ending cash and cash equivalents          |                                                                                   | $                                                   | 25                                              
|                                          |                                                                                   |                                                     |                                                 
|Supplemental information:                 |                                                                                   |                                                     |                                                 
|                                          | Interest paid                                                                     |                                                     | $                                               
|                                          | Income taxes paid, net of refunds                                                 |                                                     |                                                 
|Noncash transactions:                     |                                                                                   |                                                     |                                                 
|                                          | Prepaid operating lease                                                           |                                                     | $                                               
|                                          | Reacquisition of investment property by cancellation of note receivable           |                                                     |                                                 
|                                          | Cumulative effect of change in accounting principle                               |                                                     |                                                 

See
accompanying notes to financial statements.

5

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T.J.T., INC.  NOTES TO FINANCIAL STATEMENTS (unaudited)

NOTE AUNAUDITED INTERIM FINANCIAL STATEMENTS

In
the opinion of management, the accompanying unaudited financial statements contain all adjustments (consisting solely of normal recurring adjustments) necessary to present fairly the financial
position of T.J.T., Inc. (the company) and the results of operations and cash flows. Certain reclassifications of prior quarter amounts were made to conform with current quarter presentation,
none of which affect previously recorded net income.

NOTE BINVENTORIES

Inventories
are stated at the lower of cost (first-in, first-out and average cost methods) or market.

Mar. 31,
2002

Sept. 30,
2001(Dollars in thousands)Raw materials

$
1,768

$
1,365Finished goods


1,312


1,314Total

$
3,080

$
2,679


NOTE CPROPERTY, PLANT AND EQUIPMENT

Mar. 31,
2002

Sept. 30,
2001(Dollars in thousands)Land and building

$
386

$
386Leasehold improvements


373


370Furniture and equipment


1,128


1,116Vehicles and trailers


1,275


1,2913,162


3,163Less accumulated depreciation


2,355


2,211Net property, plant and equipment

$
807

$
952


NOTE DSHAREHOLDERS' EQUITY

Authorized
stock of the company consists of 10,000,000 shares of $.001 par value common stock and 5,000,000 shares of $.001 par value preferred stock. No shares of preferred stock have been issued.

The
company has a stock option plan which allows officers, directors and key employees of the company to receive non-qualified and incentive stock options. Although the company did not
award any stock options to directors and officers during the quarter ended December 31, 2001, 5,000 stock options were awarded during the quarter ended March 31, 2002. These options will
become 100% vested over a period of five years from the grant date at a strike price of $.395. There were options for 430,000 shares of stock available for grant at March 31, 2002.

6

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NOTE ESEGMENT DISCLOSURE

The
Company operates in two business segments: Axles and Tire Reconditioning and Housing Accessories. These segments have been determined by evaluating the Company's internal reporting structure and
nature of products offered.

Axles
and Tire Reconditioning: The Company provides reconditioned axles and tires to manufactured housing factories.

Housing
Accessories: The Company provides skirting, siding, and other aftermarket accessories to manufactured housing dealers and contractors.

Axle & Tire
Reconditioning

Housing
Accessories

TotalThree months ended Mar 31, 2002Operating revenue

3,897

1,011

4,908Operating income (loss)

(109
)
(154
)
(263
)Depreciation

72

20

92Three months ended Mar 31, 2001Operating revenue

3,479

1,332

4,811Operating income (loss)

(372
)
(83
)
(455
)Depreciation

117

33

150Six months ended Mar 31, 2002Operating revenue

7,212

2,091

9,303Operating income (loss)

(176
)
(266
)
(442
)Depreciation

163

47

210Six months ended Mar 31, 2001Operating revenue

7,359

2,968

10,327Operating income (loss)

(668
)
(172
)
(840
)Depreciation

238

72

310


The
Company does not assign interest income, interest expense, other expenses or income taxes to operating segments. Identifiable assets and related capital expenditures are assigned to operating
locations rather than operating segments, with depreciation allocated to the segments based upon usage.

NOTE FCUMULATIVE EFFECT OF ACCOUNTING CHANGE

Effective
October 1, 2001, the Company implemented SFAS 142,Goodwill and Other Intangible Assets, and performed the initial goodwill
impairment test. The impairment test involved estimating fair market values for tangible assets and liabilities and comparing the net tangible values to quoted market prices for the Company's stock.
As of October 1, 2001 the Company's net tangible value was substantially in excess of quoted market prices for the Company's stock and a cumulative effect of accounting change of $748,000 was
recorded. The cumulative effect of accounting change consists of a $790,000 writedown of goodwill assigned to the Company's axle and tire reconditioning segment, offset by a $42,000 tax benefit.

7

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The
reconciliation of net income to net income adjusted to exclude amortization expense and related tax effects is as follows:

For the six months ended March 31,2002

2001(Dollars in thousands except per share amounts)Reported net income

(987
)
(464
)Goodwill amortization



38Tax benefit of goodwill amortization



(2
)Adjusted net income

(987
)
(428
)


There
would be no change in earnings per share had goodwill not been amortized during the quarter ended March 31, 2001.

NOTE GLEGAL PROCEEDINGS

On
July 9, 2001, the Company instituted legal action in the District Court of the Third Judicial District, State of Idaho, against Patricia I. Bradley, Darren M. Bradley, B. Kelly Bradley, Mark
T. Wilson, Richard L. Morris, Mark W. Bradley, George Bayn and Mary Carter (the "Bradley Group") who are all former employees and/or shareholders of the Company. The lawsuit sought monetary damages
and injunctive relief based upon the defendants' breach of covenants not to compete with the Company which were granted to the Company by members of the Bradley Group in November 1996 when the
Company acquired Bradley Enterprises, Inc. by merger from the Bradley Group. The Bradley Group began directly competing with the Company in June, 2001, and the Company's business and operations
have, and will be negatively impacted by competition from the Bradley Group, primarily in the states of Washington and Oregon.

On
November 15, 2001, the Federal District Court for the State of Idaho concluded an evidentiary hearing related to a preliminary injunction sought by the Company against the Bradley Group. On
January 10, 2002 a preliminary injunction was granted in favor of the Company prohibiting all members of the Bradley Group from competing against the Company's axle and tire business, which has
caused the parties to enter into a stipulated permanent injunction whereby the Bradley Group is enjoined from
competing against the Company's axle and tire and housing accessories business which the Bradley Group has agreed will be replaced by a permanent injunction lasting until January 1, 2004.

8

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

All
period references are to the three months or six month periods ended March 31, 2002 and 2001, unless otherwise indicated. Quarterly financial results may not be indicative of the financial
results for any future period. This Form 10-Q contains certain forward-looking statements which are based on management's current expectations. The forward-looking statements are
subject to certain risks and uncertainties. The words "believe," "expect," "anticipate," "intend," "estimate," "will," "should," "could," and other expressions that indicate future events and trends
identify forward-looking statements. The Company has identified risk factors which could cause actual results to differ substantially from the forward looking statements. These risk factors include,
but are not limited to, general economic conditions, changes in interest rates, availability of financing, real estate values, competitive pressure on both the purchasing of used axles and tires from
manufactured housing dealers and the selling of refurbished axles and tires to manufactured housing factories, adverse weather conditions, the economic viability of our customers and vendors, changes
in legislation or regulations, availability of qualified employees, and the outcome of current legal proceedings.

The
manufactured housing industry continues to experience an overabundance of new and used homes as a result of reduced consumer demand and a tightening of credit requirements. Manufactured housing
shipments increased three percent cumulative in the companies' market area for January and February 2002 as compared to the same period in 2001, according to statistics from the national
Conference of State Buildings Codes and Standards.

The
following table sets forth the operating data of the company as a percentage of net sales for the periods listed below:

|                                            |  | Three Months Ended |   | Six Months Ended |  
|------------------------------------------- |  | ------------------ | - | ---------------- | -
|
|Axle and tire reconditioning                |  | 79.4               | % | 72.3             | %
|Manufactured housing accessories and siding |  | 20.6               |   | 27.7             |  
|Gross margin                                |  | 19.3               |   | 16.3             |  
|Selling expense                             |  | 16.0               |   | 17.2             |  
|Administrative expense                      |  | 8.7                |   | 8.5              |  
|Interest expense                            |  | 0.0                |   | 0.7              |  
|Interest income                             |  | 0.3                |   | 0.4              |  
|Other income                                |  | 0.0                |   | 0.1              |  
|Investment property income (expense)        |  | 0.5                |   | 2.1              |  

Sales
increased to $4.9 million for the three months ended March 31, 2002, a two percent increase over sales of $4.8 million in the same period a year ago. An increase in
manufactured housing shipments in the Company's market area contributed to the increase in sales for the period. Gross profit was $947,000 compared to $785,000 for the same quarter in 2001. Gross
margin for the quarter improved three percent to 19.3 percent compared to 16.3 percent for the same period a year ago.

Selling,
general and administrative expenses decreased $30,000 during the quarter ended March 31, 2002 as compared to the same quarter a year ago. Continued cost cutting efforts were more than
adequate to offset additional legal expenses of $61,000 for the quarter.

As
a result of higher gross margins and reduced selling, general and administrative expenses, the net loss before the cumulative effect of the accounting change for the six months ended
March 31, 2002 was $239,000 compared to $464,000 for the same period in 2001.

On
July 9, 2001, the Company instituted legal action in the District Court of the Third Judicial District, State of Idaho, against Patricia I. Bradley, Darren M. Bradley, B. Kelly Bradley, Mark
T. Wilson,

9

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Richard L. Morris, Mark W. Bradley, George Bayn and Mary Carter (the "Bradley Group") who are all former employees and/or shareholders of the Company. The lawsuit sought monetary damages and
injunctive relief based upon the defendants' breach of covenants not to compete with the Company which were granted to the Company by members of the Bradley Group in November 1996 when the
Company acquired Bradley Enterprises, Inc. by merger from the Bradley Group. The Bradley Group began directly competing with the Company in June, 2001, and the Company's business and operations
have, and will be negatively impacted by competition from the Bradley Group, primarily in the states of Washington and Oregon. The Company incurred $201,000 of legal fees during the six months ending
March 31, 2002 to enforce the non-compete agreements executed by members of the Bradley Group.

On
November 15, 2001, the Federal District Court for the State of Idaho concluded an evidentiary hearing related to a preliminary injunction sought by the Company against the Bradley Group. On
January 10, 2002 a preliminary injunction was granted in favor of the Company prohibiting all members of the Bradley Group from competing against the Company's axle and tire business, which has
caused the parties to enter into a stipulated permanent injunction whereby the Bradley Group is enjoined from competing against the Company's axle and tire and housing accessories business which the
Bradley Group has agreed will be replaced by a permanent injunction lasting until January 1, 2004.

On
January 1, 2002 the manufactured home load limit per tire, set by the Department of Transportation and the Department of Housing and Urban Development, decreased from an 18% allowable
overload to no allowable overload. Standard practice among the producers of manufactured homes was to utilize the 18% allowable overload as needed. Producers of manufactured homes are either adding an
extra axle and two tires to their homes, or increasing the rated capacity of the tires that they are using.

As
a result of the new overload ruling, approximately 33 percent of the company's used tire sales converted to lower margin new tire sales which reduced gross profit approximately $73,000.
Gross profit margin was reduced by approximately 1.5 percent. The company expects margins to improve in the last six months of the current fiscal year as the new, higher rated tires cycle
through the company's distribution channels and are sold as used tires.

Liquidity and Capital Resources

The
Company expects that cash flow from operations will be a sufficient source of liquidity to fund operations. The company is currently evaluating financing options to be put in place as an
additional source of liquidity if needed.

Authorized
stock of the company consists of 10,000,000 shares of $.001 par value common stock and 5,000,000 shares of $.001 par value preferred stock. No shares of preferred stock have been issued.

10

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PART II. OTHER INFORMATION

Item 1. Legal Proceedings

On
July 9, 2001, the Company instituted legal action in the District Court of the Third Judicial District, State of Idaho, against Patricia I. Bradley, Darren M. Bradley, B. Kelly Bradley, Mark
T. Wilson, Richard L. Morris, Mark W. Bradley, George Bayn and Mary Carter (the "Bradley Group") who are all former employees and/or shareholders of the Company. The lawsuit sought monetary damages
and injunctive relief based upon the defendants' breach of covenants not to compete with the Company which were granted to the Company by members of the Bradley Group in November 1996 when the
Company acquired Bradley Enterprises, Inc. by merger from the Bradley Group. The Bradley Group began directly competing with the Company in June, 2001, and the Company's business and operations
have, and will be negatively impacted by competition from the Bradley Group, primarily in the states of Washington and Oregon.

On
November 15, 2001, the Federal District Court for the State of Idaho concluded an evidentiary hearing related to a preliminary injunction sought by the Company against the Bradley Group. On
January 10, 2002 a preliminary injunction was granted in favor of the axle and tire business, which has caused the parties to enter into a stipulated permanent injunction whereby the Bradley
Group is enjoined from competing against the Company's axle and tire and housing accessories business which the Bradley Group has agreed will be replaced by a permanent injunction lasting until
January 1, 2004.

Item 2. Changes in Securities

Nothing
to report

Item 3. Defaults Upon Senior Securities

Nothing
to report

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

On
February 19, 2002, the annual meeting of the shareholders was held. Holders of common stock were asked to vote on the following items:



For

Against

WithheldRick K. Treadwell

4,774,115



32,850Jerome B. Light

4,774,115



32,850Terrance J. Sheldon

4,774,115



32,850Larry E. Kling

4,774,115



32,850




For

Against

AbstainBalukoff Lindstrom & Co., P.A.

4,798,115

1,700

7,150


Item 5. Other Information

Nothing
to report

11

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Item 6. Exhibits and Reports on Form 8-K

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.

|                   |  | T.J.T., INC.
Registrant
|------------------ |  | -----------------------
|Date: May 14, 2002 |  | By:                    

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