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

                                 AMENDMENT NO. 2
                                       TO
                                 FORM 10-KSB/A

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

                   For the fiscal year ended January 31, 2003

           [___] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                        THE SECURITIES EXCHANGE ACT OF 1934

             For the transition period from ___________ to ___________

                       Commission File Number: 0-28514

                         TREASURY INTERNATIONAL, INC.
                         ----------------------------
               (Name of Small Business Issuer in Its Charter)


                Delaware                            98-0160284
    -------------------------------    ---------------------------------
    (State or Other Jurisdiction of    (IRS Employer Identification No.)
     Incorporation or Organization)

             422 Montana Avenue, Libby, Montana          59923
        ----------------------------------------       ----------
        (Address of Principal Executive Offices)       (Zip Code)


                                  406.293.7299
              (Registrant's telephone number, including area code)

         Securities Registered Pursuant to Section 12(b) of the Act:
         Title of each class Name of each exchange on which registered:  None

         Securities Registered  Pursuant to Section 12(g) of the Act:
                    COMMON STOCK, $.001 PAR VALUE PER SHARE
                              (Title of Class)

Check whether the registrant: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act during the past 12 months (or
for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
Yes[X] No [_].

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

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<PAGE>

ITEM 10. Executive Compensation

                            Summary Compensation Table

The following table sets forth the compensation paid to the CEO for each of the
Company's last three fiscal years.


                           Annual           Long-Term              All other
                        Compensation        Compensation          Compensation
             ------  ----------  --------  -----------------       ------------
             Fiscal    Annual     Annual   Securities under-
Name          Year     Salary     Bonus    lying options
----         ------  ----------  --------  -----------------       ------------
Dale Doner    2003    $55,000*      --            --                    --
Dale Doner    2002    $44,000       --            --                    --
Dale Doner    2001    $35,000       --            --                    --
------------------------------------------------------------------------------

* In accordance with management arrangements for the services of Mr. Doner, of
the $55,000 paid through 2003, the Company paid $30,000 to 729759 Alberta, Ltd.
and $25,000 to TWI, Inc. Mr. Doner is an officer, director and principal owner
of 729759 Alberta, Ltd. and an officer of TWI, Inc. In 2002 and 2001 the $44,000
and $35,000 respectively, was paid to 729759 Alberta, Ltd.



Stock Option Grants Table
-------------------------
No officers or directors were granted any options during the fiscal year ended
January 31, 2003, nor do any officers or directors currently own any options.

Directors' Compensation
-----------------------
The Company's policy is not to pay compensation to directors who are also
employees of the Company for their service as directors.

Additionally, non-employee directors do not presently receive compensation for
their service as directors. The Company does, however, reimburse directors for
out-of-pocket expenses incurred for attendance at meetings.


















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<PAGE>



ITEM 13. Exhibits, List and Reports on Form 8-K



            (a) Exhibits
                --------
99.1 Certification of President Re: Sarbanes-Oxley Act of 2002 (Updated)

99.2 Certification of Chief Financial Officer Re: Sarbanes-Oxley Act of 2002
      (Updated)

99.3 Certification of President Re: Section 906 of Sarbanes-Oxley Act (Updated)

99.4 Certification of Chief Financial Officer Re: Section 906 of Sarbanes-Oxley
      Act(Updated)







































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<PAGE>
SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                          TREASURY INTERNATIONAL, INC.



By: /s/ Dale Doner
----------------------------------           Date: July 29, 2003
Dale Doner
Chief Executive Officer



By: /s/ Kristina E. Sickels
----------------------------------           Date: July 29, 2003
Kristina E. Sickels
Chief Financial Officer



Pursuant to the requirements of the Exchange Act, this Report has been signed
below by the following persons on behalf of the Company in the capacities and on
the date indicated.



Signature                Title                                   Date
---------                -----                                   ----

/s/ Dale Doner
--------------------     Chief Executive Officer, President  July 29, 2003
Dale Doner               and Chairman of the Board

/s/ Paul Visel
--------------------     Director                            July 29, 2003
Paul Visel


--------------------     Director                            July __, 2003
Rob Dromerhauser


--------------------     Director                            July __, 2003
Rader Gilleland

/s/ Keith Robertson
--------------------     Director                            July 29, 2003
Keith Robertson

/s/ Kristina Sickels
--------------------     Chief Financial Officer,            July 29, 2003
Kristina Sickels         Secretary

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