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

                                  FORM 10-KSB

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

                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 2003

                             COMMISSION FILE NUMBER
                                     000-26703

                                 TVE CORPORATION
           ---------------------------------------------------------
           (Exact name of the registrant as specified in its charter)

           DELAWARE                                         98-0206030
--------------------------------                     ----------------------
(State or other jurisdiction of                          (I.R.S. Employer
Incorporation or organization)                           Identification No.)


599-B Yonge Street
                                   Suite 317,
                                Toronto, Ontario
                                 Canada M4Y 1Z4
                    ----------------------------------------
                    (Address of principal executive offices)

                                 (416) 783-9639
                         -------------------------------
                         (Registrant's telephone number)

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE EXCHANGE ACT: NONE

SECURITIES REGISTERED PURSUANT SECTION 12(g) OF THE EXCHANGE ACT:

                    COMMON STOCK, PAR VALUE $0.0001 PER SHARE

     Check  whether the issuer (1) has filed all reports 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.  Yes  [X]  No  [ ]

     Check  if  there  is no disclosure of delinquent filers in response to Item
405  of  Regulation S-B is not contained in this form, and no disclosure will be
contained,  to  the  best  of  registrant's  knowledge,  in  definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or  any  amendment  to  this  Form  10-KSB.

     Issuer's  revenues  for  the  fiscal  year  ended  December  31,  2003: $0.

     As  of  March 18, 2004, 2,769,520 shares of Common Stock of the issuer were
outstanding  and  the  aggregate market value of the voting common stock held by
non-affiliates,  was  approximately  $8,918,378.

         Transitional Small Business Disclosure Format: Yes [ ] No [X]

         Documents incorporated by reference: NONE

<PAGE>

                                Table of Contents

                                                                            Page

PART I
   Item 1.  DESCRIPTION OF BUSINESS                                           3
   Item 2.  DESCRIPTION OF PROPERTY                                           4
   Item 3.  LEGAL PROCEEDINGS                                                 4
   Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS               4
PART II
   Item 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS          4
   Item 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION         5
   Item 7.  FINANCIAL STATEMENTS                                             F-1
   Item 8.  CHANGES IN, AND DISAGREEMENTS WITH, ACCOUNTANTS ON ACCOUNTING
            AND FINANCIAL DISCLOSURE                                          6
   Item 8A. CONTROLS AND PROCEDURES                                           7
PART III
   Item 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
            PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT        7
   Item 10. EXECUTIVE COMPENSATION                                            7
   Item 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
            AND RELATED STOCKHOLDER MATTERS                                   8
   Item 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS                    8
   Item 13. EXHIBITS AND REPORTS ON FORM 8-K                                  8
   Item 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES                            9

<PAGE>

FORWARD-LOOKING STATEMENTS

     Some  of  the  statements  contained  in  this  Report  discuss  future
expectations,  contain  projections  of  results  of  operations  or  financial
condition or state other "forward-looking" information. Those statements include
statements  regarding  the intent, belief or current expectations of the Company
and  its  management  team.  Prospective  investors  are cautioned that any such
forward-looking  statements are not guarantees of future performance and involve
risks  and  uncertainties,  and  that  actual results may differ materially from
those projected in the forward-looking statements. These risks and uncertainties
include  but are not limited to, those risks and uncertainties set forth in this
Report.  In  light  of  the  significant risks and uncertainties inherent in the
forward-looking  statements  included  in  this  Report,  the  inclusion of such
statements  should not be regarded as a representation by us or any other person
that  our  objectives  and  plans  will  be  achieved.

                                     PART I.

ITEM 1.  DESCRIPTION OF BUSINESS.

     TVE  Corporation  ("TVE"  or  alternatively,  the  "Company"),  a  Delaware
Corporation,  incorporated in 1997, is currently focusing on the precious metals
and  minerals  mining industries, with an emphasis on gold mining and activities
related  to  this  business.

     The  Company  maintains  its executive offices at 599-B Yonge Street, Suite
317,  Toronto,  Ontario M4Y 1Z4. The Company was a subsidiary of 1476848 Ontario
Inc.,  located  at 3044 Bloor Street West, Suite 210, Toronto, Ontario, M8X 2Y8.
Previously,  the  Company was a subsidiary of Lingo Media Inc. ("LMI") (formerly
Alpha  Communications  Corp.)  located  at  151  Bloor  Street  West, Suite 890,
Toronto,  Ontario,  M5S  1S4.  On March 20, 2003, Bruce Cohen acquired 1,500,000
shares  of  the  Company  from 1476848 Ontario Inc and is presently the majority
shareholder.

     TVE Corporation was incorporated under the laws of the State of Delaware on
December  15,1997 as AlphaCom Corporation. The Company changed its name in March
2003  to TVE Corporation. In September 2000 the Company commenced trading on the
Over  The Counter Bulletin Board under the symbol "AHMC", the symbol was changed
to  "ALHO"  as  of March 7, 2003 due to a 1:25 reverse stock split and was later
changed  in  March  2003  to  "TVEO"  due  to  a  name  change.

     The  new  management,  after  acquiring control of the Company on March 20,
2003,  has  changed  its  business  from  marketing  and distribution of English
Language Learning software programs to focus on the precious metals and minerals
mining  industries,  with  an  emphasis on gold mining and activities related to
this  business. The Company believes that the resurgent interest in the precious
metals  and  mining  industry is currently presenting many opportunities in many
facets of this industry. The anticipated activities may include acquiring mining
opportunities  outright  or  partial  interests  therein and/or participating in
potential exploration for, delineation of, development of or exploitation of ore
bodies  that  may  be  found  on  such  mining prospects. Initial activities are
expected  to  commence  with  a  review of numerous international areas, with an
emphasis on gold mining. The registrant intends to seek third party financing to
fund  its  endeavors  in  the  precious  metals  and minerals mining industries.

     The  Company  will have to raise additional funds in the next twelve months
to  pursue  its  business strategy. Currently the Company is being funded by its
majority  stockholder. The Company is reviewing various alternatives to allow it
to  continue  operations  including  new  financing,  merger opportunities or an
outright  sale.

Employees

     The  Company  does  not  currently  have  any  employees.

                                      -3-
<PAGE>

ITEM 2.  DESCRIPTION OF PROPERTY.

     The  Company  maintains  offices at 599-B Yonge Street, Suite 317, Toronto,
Ontario  M4Y  1Z4.

ITEM 3.  LEGAL PROCEEDINGS.

         None.

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

         None.

                                    PART II.

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

     The  Company's  common  stock,  par  value  $0.0001  per share (the "Common
Stock"),  was  traded  on  the OTC Bulletin Board market under the symbol "AHMC"
until  such  time  as  the  Company  amended  its  articles of incorporation and
affected  a 1:25 reverse stock split in March 2003 and received the stock symbol
"ALHO".  Subsequently,  the  Company  changed  its  name  to TVE Corporation and
received the stock symbol "TVEO". The Common Stock is traded sporadically and no
established  liquid  trading  market  currently  exists  therefor.

     The  following table represents the range of the high and low price for our
Common  Stock  on  the  OTC  Bulletin Board for each fiscal quarter for the last
Three fiscal years ending December 31, 2001, 2002, and 2003, respectively. These
Quotations  represent  prices  between  dealers, may not include retail markups,
markdowns, or commissions and may not necessarily represent actual transactions.

               Year 2001                High           Low
          -------------------          ------          -----
           First Quarter                 4.00            .38
           Second Quarter               20.00            .30
           Third Quarter                10.00           1.20
           Fourth Quarter                6.00           1.50

               Year 2002                High           Low
          -------------------          ------          -----
          First Quarter                  2.50            .10
          Second Quarter                  .10            .08
          Third Quarter                   .10            .07
          Fourth Quarter                  .06            .04

               Year 2003                High           Low
          -------------------          ------          -----
          First Quarter                   .20          .04
          Second Quarter                 4.50          4.50
          Third Quarter                  5.50          5.50
          Fourth Quarter                 6.45          6.45

Holders

     As  of  December 31, 2003, there were approximately 200 shareholders of our
Common  Stock.

Dividend Policy

     The  Company has not paid any cash dividends on the Common Stock and has no
present  intention  to  declare or pay cash dividends on the Common Stock in the
foreseeable  future.  The  Company  intends  to retain any earnings which it may
realize  in  the  foreseeable  future  to  finance  its  operations.

Equity Compensation Plans

     In  April 2003, the Company filed an S-8 registration statement to register
993,497  shares  to  Joseph  Stiuso  in  consideration  for  consulting services
rendered  to  the Company in lieu of payment. The S-8 registration statement was
approved  by  the  Company's  director.

                                      -4-
<PAGE>

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

Forward Looking Statements

     This  report  contains forward looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including statements regarding
our  plans,  objectives,  expectations  and  intentions. Although we believe the
statements and projections are based upon reasonable assumptions, actual results
may  differ  from  those  that  we  have  projected.

Overview

     TVE  Corporation  ("TVE"  or  alternatively,  the  "Company"),  a  Delaware
Corporation,  incorporated in 1997, is currently focusing on the precious metals
and  minerals  mining industries, with an emphasis on gold mining and activities
related  to  this  business.

Plan of Operation

     The  Company  needs  additional financing to execute its business plan. The
Company currently has no cash. Without financing, the Company cannot satisfy its
cash  requirements  and relies on the Company's majority stockholder and officer
to  advance  monies  to  the  Company to cover expenses. If the Company does not
receive  sufficient  additional  financing, it will not be able to implement its
business  strategy.

     In  the event the Company raises capital, it will likely use such funds for
exploration  and  to  employ  personnel.  The  Company  does not plan to use any
capital  raised  for the purchase or sale of any plant or significant equipment.

Comparison of Operating Results

     Comparison of Operating Results For the Fiscal Year Ended December 31, 2003
To  the  Fiscal  Year  Ended  December  31,  2002

     General  and  administrative expenses increased by $17,318 from $57,236 for
the  year  ended  December  31,  2002 to $74,554 for the year ended December 31,
2003. The increase in general and administrative expenses was principally due to
retirement  of consulting fees and professional fees incurred in connection with
a  change  of  control  and  accompanying  corporate  matters.

     Net operating loss increased $17,307 from net operating loss of $57,296 for
the year ended December 31, 2002 to a net operating loss of $74,603 for the year
ended  December 31,  2003.  The increase in  net operating loss is due to the
increase  in  general  and  administrative  expenses.

     As of December 31, 2003, the Company's accumulated deficit was $263,863.

Liquidity and Capital Resources

     For  the  year  ended December 31, 2003, the Company has not generated cash
flow  from its operations. Consequently, the Company has been dependent upon its
principal  stockholder  and  officer  to  fund  its  cash  requirements.

     As  of  December  31,  2003,  the  Company had cash of $0, no assets, and a
working  capital deficit of $31,748. As of December 31, 2003, the Company had no
outstanding  debt  other  than  ordinary  trade  payables, accrued expenses, and
advances  from  its  principal  stockholder  and  officer.

     The Company's principal stockholder and officer is seeking to raise capital
to implement the Company's business strategy. In the event additional capital is
not  raised,  he  may  seek  a  merger  or  acquisition.

                                      -5-
<PAGE>

ITEM 7.  FINANCIAL STATEMENTS

     The audited financial statements, together with the independent accountants
report  thereon  of  Malone  &  Bailey,  PLLC  appears  herein.


                          INDEPENDENT AUDITORS' REPORT



To the Board of Directors
   TVE Corporation
   Toronto, Ontario

We  have  audited  the  accompanying  balance  sheet  of TVE Corporation ("TVE")
(formerly  Alphacom  Corporation)  as  of  December  31,  2003  and  the related
statements  of  operations,  changes in stockholders' deficit and cash flows for
the  year  ended  December  31,  2003.  These  financial  statements  are  the
responsibility  of TVE's management. Our responsibility is to express an opinion
on  these  financial  statements  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audit  to  obtain reasonable assurance about whether the financial
statements are free of material misstatements. An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audit  provides  a
reasonable  basis  for  our  opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all material respects, the financial position of TVE as of December 31, 2003 and
the results of its operations and its cash flows for the year ended December 31,
2003  in  conformity with accounting principles generally accepted in the United
States  of  America.

The  accompanying financial statements have been prepared assuming that TVE will
continue as a going concern. As discussed in Note 2 to the financial statements,
TVE  has  suffered  recurring  losses from operations and has a negative working
capital, which raises substantial doubt about its ability to continue as a going
concern. Management's plans regarding those matters are described in Note 2. The
financial  statements  do not include any adjustments that might result from the
outcome  of  this  uncertainty.



MALONE & BAILEY, PLLC
www.malone-bailey.com
Houston, Texas

March 5, 2004

                                      F-1
<PAGE>

                          INDEPENDENT AUDITORS' REPORT




To the Board of Directors
   TVE Corporation

We have audited the accompanying statements of operations, stockholders' deficit
and  cash flows for the year ended December 31, 2002 for TVE Corporation ("TVE")
(formerly  Alphacom  Corporation).  These  financial  statements  are  the
responsibility  of TVE's management. Our responsibility is to express an opinion
on  these  financial  statements  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audit  to  obtain reasonable assurance about whether the financial
statements are free of material misstatements. An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audit  provides  a
reasonable  basis  for  our  opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects,  the results of TVE's operations and cash flows for the
year  ended December 31, 2002 in conformity with accounting principles generally
accepted  in  the  United  States  of  America.

The  accompanying  financial  statements  have  been  prepared assuming that the
Company  will  continue  as  a  going  concern.  As  discussed  in note 2 to the
financial  statements, the Company has suffered recurring losses from operations
that  raise  substantial doubt about its ability to continue as a going concern.
Management's  plans  in regard to these matters are also describe in note 2. The
financial  statements  do not include any adjustments that might result from the
outcome  of  this  uncertainty.


Rosenberg Smith & Partners
Chartered Accountants
March 5, 2003

Concord, Ontario

                                      F-2
<PAGE>

<TABLE>
<CAPTION>

                           TVE CORPORATION
                   (FORMERLY ALPHACOM CORPORATION)
                            BALANCE SHEET
                        December 31, 2003



<S>                                                  <C>
Assets                                                   $        -
                                                         ===========

  LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities
  Accounts payable                                       $      538
  Accrued expenses                                            3,332
  Loans from stockholders                                    27,878
                                                         -----------
  Total Current Liabilities                                  31,748
                                                         -----------
Commitments and Contingencies                                     -

Stockholders' Deficit
  Preferred stock, $.0001 par value, 10,000 shares
    authorized, no shares issued and outstanding                  -
  Common stock, $.0001 par value, 49,990,000 shares
  authorized, 2,769,520 issued and outstanding                  277
  Additional paid in capital                                231,838
  Accumulated deficit                                      (263,863)
                                                         -----------
  Total Stockholders' Deficit                               (31,748)
                                                         -----------
  TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT            $        -
                                                         ===========
</TABLE>


                 See accompanying summary of accounting policies
                       and notes to financial statements.

                                      F-3
<PAGE>

<TABLE>
<CAPTION>

                        TVE CORPORATION
               (FORMERLY ALPHACOM CORPORATION)
                  STATEMENTS OF OPERATIONS
          Years Ended December 31, 2003 and 2002


                                         2003        2002
                                      ---------    ---------
<S>                                  <C>          <C>
General and administrative           $   74,554   $   57,236
Depreciation                                 49           60
                                      ---------    ---------
  Net operating loss                    (74,603)     (57,296)

Interest expense                         (1,200)           -
                                      ---------    ---------
NET LOSS                             $  (75,803)  $  (57,296)
                                      =========    =========

Basic and diluted loss per share     $    (0.03)  $     (.03)

Weighted average shares outstanding   2,521,826    1,776,023
</TABLE>

                 See accompanying summary of accounting policies
                       and notes to financial statements.

                                      F-4
<PAGE>


<TABLE>
<CAPTION>

                                TVE CORPORATION
                         (FORMERLY ALPHCOM CORPORATION)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT
                     Years Ended December 31, 2002 and 2003



                                               Additional
                             Common Stock        Paid in    Retained
                          Shares      Amount     Capital     Deficit     Totals
                        ---------    --------    -------     --------    --------
<S>                     <C>         <C>         <C>         <C>         <C>
Balances at
  December 31, 2001     1,776,023   $     178   $  110,822  $(130,764)  $ (19,764)

Net loss                                                      (57,296)    (57,296)
                        ---------    --------    -------     --------    --------
Balances at
  December 31, 2002     1,776,023         178      110,822   (188,060)    (77,060)

Debt forgiveness                                    37,951                 37,951

Shares issued for debt    993,497          99       81,865                 81,964

Imputed interest                                     1,200                  1,200

Net loss                                                      (75,803)    (75,803)
                        ---------    --------    -------     --------    --------
Balances at
  December 31, 2003     2,769,520   $     277   $  231,838  $(263,863)  $ (31,748)
                       ==========     =======   ========     ========    ========

</TABLE>


                 See accompanying summary of accounting policies
                       and notes to financial statements.

                                      F-5
<PAGE>

<TABLE>
<CAPTION>

                                TVE CORPORATION
                         (FORMERLY ALPHCOM CORPORATION)
                            STATEMENTS OF CASH FLOW
                     Years Ended December 31, 2003 and 2002


                                                     2003        2002
                                                  ---------    ---------
<S>                                              <C>          <C>
Cash Flows From Operating Activities
  Net loss                                       $  (75,803)  $  (57,296)
  Adjustments to reconcile net loss to net cash
    used in operating activities:
    Imputed interest on stockholder loan              1,200            -
    Write off equipment                                 195            -
    Depreciation and amortization                        49           60
    Changes in:
  Accounts payable                                  (43,840)      36,122
                                                  ---------    ---------
  Net Cash Used In Operating Activities            (118,199)     (21,114)
                                                  ---------    ---------
Cash Flows From Financing Activities
  Shares issued for debt                             81,964            -
  Proceeds from stockholder loan                     36,228       21,039
                                                  ---------    ---------
  Net Cash Used By Financing Activities             118,191       21,039
                                                  ---------    ---------
Net change in cash                                       (8)         (75)
Cash at beginning of year                                 8           83
                                                  ---------    ---------
Cash at end of year
                                                 $        -   $        8
                                                  =========    =========
</TABLE>


                 See accompanying summary of accounting policies
                       and notes to financial statements.

                                      F-6
<PAGE>

                                TVE CORPORATION
                         (FORMERLY APHACOM CORPORATION)
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 - SUMMARY OF ACCOUNTING POLICIES

     TVE  Corporation ("TVE"), formerly Alphacom Corporation was incorporated in
Delaware  on  December  15,  1997.  Alphacom Corporation changed its name to TVE
Corporation  in  March  2003.

     Cash  Equivalents.  Highly  liquid  investments with original maturities of
three  months  or  less  are  considered  cash  equivalents.  There were no cash
equivalents  as  of  December  31,  2003.

     Long-lived  Assets.  Property  and  equipment  are  stated  on the basis of
historical  cost  less  accumulated depreciation. Depreciation is provided using
the  straight-line  method  over the estimated useful lives of the assets. Major
renewals and improvements are capitalized, while minor replacements, maintenance
and  repairs  are  charged  to  current  operations.

     Impairment losses are recorded on long-lived assets used in operations when
indicators  of  impairment are present and the undiscounted cash flows estimated
to  be  generated  by  those  assets  are less than the assets' carrying amount.

     Income  Taxes.  Income  tax  expense  is  based on reported earnings before
income  taxes. Deferred income taxes reflect the impact of temporary differences
between  assets  and liabilities recognized for financial reporting purposes and
such  amounts  recognized for tax purposes, and are measured by applying enacted
tax  rates  in effect in years in which the differences are expected to reverse.

     Basic  and  Diluted Loss Per Share. Basic and diluted loss per share equals
net  loss  divided  by  weighted  average  shares outstanding during the period.
Diluted loss per share includes the impact of common stock equivalents using the
treasury  stock  method  when the effect is dilutive. There were no common stock
equivalents  during  2003  or  2002.

     Use  of  Estimates  in  Financial Statement Preparation. The preparation of
financial statements in conformity with accounting principles generally accepted
in  the  United  States  of  America  requires  management to make estimates and
assumptions  that  affect  the  reported  amounts of assets and liabilities, the
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.

     Recently Issued Accounting Pronouncements. TVE does not expect the adoption
of  recently  issued  accounting  pronouncements to have a significant impact on
their  financial  position,  results  of  operations  or  cash  flow.

     Changes in Classifications. Certain reclassifications have been made to the
fiscal  2002  financial  statements  to  conform  with  the  financial statement
presentation  for  fiscal  2003.

     Reverse  Stock  Splits.  All historical share and per share information has
been  restated  to  reflect  the  effects  of  the 1:25 reverse stock split on a
retroactive  basis.

                                      F-7
<PAGE>

NOTE 2 - GOING CONCERN

     TVE  incurred  a  net loss of $75,803 for the year ended December 31, 2003,
and  has  a  negative  working capital of $31,748 as of December 31, 2003. These
conditions  create  an  uncertainty  as  to TVE's ability to continue as a going
concern.  Management  is seeking financing from third parties and sale or merger
opportunities.  The  financial  statements  do  not include any adjustments that
might  be  necessary  if  TVE  is  unable  to  continue  as  a  going  concern.


NOTE 3 - LOANS FROM STOCKHOLDER

     The  majority  stockholder advances money to TVE on an as-needed basis. The
advances  are  due  on  demand, bear no interest and have no collateral. Imputed
interest  expense  of  8%  was  recorded  as  a  contribution  to  capital.

NOTE 4 - INCOME TAXES

     The  tax  effects  of  temporary  differences that give rise to significant
portions of the deferred tax assets and deferred tax liabilities at December 31,
2003  are  as  follows:

               Deferred tax assets:
               Net operating loss carry-forward     $  89,700
               Less:  valuation allowance             (89,700)
                                                   -----------
               Net current deferred tax assets             -
                                                   ===========

     Internal  Revenue  Section  382  restricts  the  ability  to  use  these
carryforwards  whenever an ownership change as defined occurs. TVE incurred such
an  ownership  change on March 20, 2003. As a result, TVE's use of net operating
losses  as  of  March  20, 2003 of approximately $188,000 are restricted. Losses
incurred  subsequent  to  March  20,  2003  are  not  restricted.

NOTE 5 - EQUITY

     On  March  7, 2003 TVE declared a 1:25 reverse stock split and reauthorized
50,000,000  shares of stock consisting of 49,990,000 shares of common stock with
a  par of $.0001 per share and 10,000 shares of preferred stock with a par value
of  $.0001.  All  share  amounts  shown  have  been  restated.

     On  March 20, 2003, 1476848 Ontario, Inc. sold 1,500,000 shares of the then
outstanding  shares  of 1,776,000 to Bruce Cohen for $55,000 cash, assumption of
liabilities  of $94,106 and forgiveness of debt owed to it by TVE of $37,951. As
a  result  of this transaction, the Bruce Cohen became the majority shareholder.

     On  April 1, 2003, TVE issued 993,497 common shares in exchange for fees of
$81,964 owed to a consultant. This transaction was recorded at the amount of the
debt  and not the trading price of $4.95 per share, since the price per share of
the  March  20,  2003  sale  of stock between stockholders was comparable to the
price  per  share  for  this  transaction.

                                      F-8
<PAGE>


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

     On  February  23, 2004, the client-auditor relationship between the Company
and  Rosenberg  Smith  & Partners, Chartered Accountants ("Smith") ceased as the
former  auditor  was  dismissed. On that same date, the Company engaged Malone &
Bailey,  PLLC ("Malone") as its principal independent public accountant to audit
its  financial  statements  for  the  fiscal  year  ended December 31, 2003. The
decision to change accountants was approved by the Company's board of directors.
Smith  had  served as the Company's auditor for the fiscal period ended December
31,  2002.  Weisbrod  Goldmacher, LLP ("Goldmacher") had served as the Company's
auditor  for  the  fiscal  year  ended  December  31,  2001.

     Malone  is  succeeding Smith. Smith's report on the financial statements of
the  Company  for the fiscal year ended December 31, 2002, and any later interim
period  up  to and including the date the relationship with Smith ceased did not
contain  any  adverse  opinion or disclaimer of opinion and was not qualified or
modified  as  to  uncertainty,  audit  scope or accounting principles except for
concerns  about  the  Company's  ability  to  continue  as  a  going  concern.
Goldmacher's  report  on  the financial statements of the Company for the fiscal
year  ended December 31, 2001, did not contain any adverse opinion or disclaimer
of  opinion  and was not qualified or modified as to uncertainty, audit scope or
accounting  principles  except  for  concerns  about  the  Company's  ability to
continue  as  a  going  concern.

     In  connection with the audit of the Company's two most recent fiscal years
ending  December  31,  2002  and any later interim period, including the interim
period  up  to  and including the date the relationship with Smith ceased, there
have been no disagreements with Smith or Goldmacher on any matters of accounting
principles  or  practices,  financial  statement disclosure of auditing scope or
procedure,  which  disagreement(s), if not resolved to the satisfaction of Smith
or  Goldmacher  would  have  caused Smith or Goldmacher to make reference to the
subject  matter  of  the disagreement(s) in connection with their reports on the
Company' financial statements. Since the Company's incorporation on December 15,
1997,  there  have  been no reportable events as defined in Item 301(a)(1)(v) of
Regulation  S-K.

     The  Company  has  authorized  Smith and Goldmacher to respond fully to any
inquiries  of any new auditors hired by the Company relating to their engagement
as  the  Company's  independent accountant. The Company has requested that Smith
and Goldmacher review the disclosure and Smith and Goldmacher have been given an
opportunity  to  furnish  the  Company with a letter addressed to the Commission
containing any new information, clarification of the Company's expression of its
views, or the respect in which it does not agree with the statements made by the
Company  herein.  Such  letters  were filed as an exhibit to the Report filed on
Form  8-K  filed  on  February  26,  2004.

     The  Company  had not previously consulted with Malone regarding either (i)
the  application  of  accounting  principles  to a specified transaction, either
completed  or proposed; or (ii) the type of audit opinion that might be rendered
on  the  Company's financial statements; or (iii) any matter that was either the
subject matter of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation
S-K  and  the related instructions) between the Company and Smith or Goldmacher,
the  Company's  previous  independent  accountants,  as  there  were  no  such
disagreements  or  an other reportable event (as defined in Item 304(a)(1)(v) of
Regulation  S-K)  from  the Company's incorporation on December 15, 1997 through
December  31, 2002 and any later interim period, including the interim period up
to  and  including  the date the relationship with Smith ceased. Neither had the
Company  received  any  written or oral advice concluding there was an important
factor  to  be  considered  by  the  Company  in  reaching  a  decision as to an
accounting,  auditing,  or  financial  reporting  issue. Malone has reviewed the
disclosure  required  by Item 304(a) before it was filed with the Commission and
has been provided an opportunity to furnish the Company with a letter addresssed
to the Commission containing any new information, clarification of the Company's
expression  of  its  views,  or the respects in which it does not agree with the
statements  made  by  the  Company  in  response  to Item 304(a). Malone did not
furnish  a  letter  to  the  Commission.

                                      -6-
<PAGE>

ITEM 8A.  CONTROLS AND PROCEDURES

     (a)  Evaluation  of disclosure controls and procedures. The Company's chief
          executive  officer  and  principal financial officer, after evaluating
          the  effectiveness  of  the  Company's  "disclosure  controls  and
          procedures"  (as  defined in the Securities Exchange Act of 1934 Rules
          13a-15(e)  and  15d-15(e)) as of the end of the period covered by this
          annual  report  (the  "Evaluation Date"), has concluded that as of the
          Evaluation Date, the Company's disclosure controls and procedures were
          adequate  and designed to ensure that material information relating to
          the  Company  and its consolidated subsidiaries would be made known to
          him  by  others  within  those  entities.

     (b)  Changes  in  internal  control over financial reporting. There were no
          significant  changes  in the Company's internal control over financial
          reporting  during  the fourth fiscal quarter that materially affected,
          or  is  reasonably likely to materially affect, the Company's internal
          control  over  the  financial  reporting.


                                    PART III.

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

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

Name                      Age    Position
------                    ---    --------

Bruce S. Cohen             47     President, CEO, Secretary and Director

CURRENT OFFICERS AND DIRECTORS

     Bruce  S.  Cohen  has served as the Company's President, CEO, Secretary and
Director  since  March  2003.  Mr.  Cohen  has  served  as a freelance marketing
consultant  since  May  2002. Prior thereto, from April 2001 through April 2002,
Mr.  Cohen  owned  and operated Ad Essentials, a marketing/advertising specialty
company.  From  February  1998  through  March 2001, Mr. Cohen worked as a sales
consultant.  Mr.  Cohen  is  a former member of the American Society of Interior
Designers.

     There  are  no  arrangements or understandings pursuant to which any person
has  been  elected  as a director or executive officer of the Company. Directors
are  elected  annually by the stockholders and hold office until the next annual
meeting  of  stockholders  or  until their respective successors are elected and
qualified.  Executive  officers  are  elected by the Board of Directors and hold
office  until their respective successors are elected and qualified. There is no
family  relationship  among  any directors or executive officers of the Company.

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

     Section  16(a)  of  the  Securities  Exchange Act of 1934, as amended, (the
"Exchange Act") requires the Company's executive officers, directors and persons
who  beneficially  own  greater  than 10% of a registered class of the Company's
equity  securities  to  file  certain  reports  ("Section  16 Reports") with the
Securities  and  Exchange  Commission  with  respect to ownership and changes in
ownership  of the Common Stock and other equity securities of the Company. Based
solely  on  the  Company's  review  of  the  Section 16 Reports furnished to the
Company,  all  Section  16(a) requirements applicable to its officers, directors
and  greater  than  10%  beneficial  owners  were  complied  with.

CODE OF ETHICS

     The  Board of Directors adopted a Code of Ethics in March 2004, meeting the
requirements  of Section 406 of the Sarbanes-Oxley Act of 2002. The Company will
provide  to  any  person  without  charge,  upon request, a copy of such Code of
Ethics. Persons wishing to make such a request should contact Bruce Cohen, Chief
Executive  Officer,  599-B Yonge Street, Suite 317, Toronto, Ontario, Canada M4Y
1Z4  (416)  783-9639.

ITEM 10. EXECUTIVE COMPENSATION.

     The  following  table summarizes all compensation awarded to, earned by, or
paid  to the President of the Company for services rendered in all capacities to
the  Company  for  each  of  the  Company's  last  three  fiscal  years.

<TABLE>
<CAPTION>


                           SUMMARY COMPENSATION TABLE

                                             Annual                        Long-Term
                                          Compensation                Compensation Awards
                                --------------------------------   --------------------------
        Payouts
                                                       Other       Securities
Name and                                               Annual      Underlying       All Other
Principal                       Salary      Bonus   Compensation     Options       Compensation
Position                Year      ($)        ($)        ($)            (#)             ($)
----------              ----    ------      -----   ------------   ----------      ------------
<S>                                                         <C>
Bruce S. Cohen          2003      $0        -0-        N/A             N/A
President, CEO and
Secretary


William A. Montgomery   2003       $0       - 0 -       N/A            N/A
Former President        2002       $0       - 0 -       N/A            N/A
CEO, and Secretary      2001       $0        -0-        N/A            N/A
</TABLE>

                                      -7-
<PAGE>

COMPENSATION OF DIRECTORS

     There  is  no  arrangement  for  the  cash  compensation  of  directors.

EMPLOYMENT AGREEMENTS

     There are currently no employment agreements between the Company and any of
its  named  executive  officers.

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

     The  following  table  sets  forth certain information as of March 18, 2004
with  respect to the number of shares of the Common Stock beneficially owned by:
(i)  each  person  known  to the Company to be the beneficial owner of more than
five percent of the Common Stock; (ii) each of the directors of the Company; and
(iii)  all  of  the  directors and executive officers of the Company as a group.
Except  as  otherwise  indicated,  each  such  stockholder  has  sole voting and
investment  power  with  respect  to  the  shares  beneficially  owned  by  such
stockholder.  A  person  is  deemed  to beneficially own a security if he has or
shares  the power to vote or dispose of the security or has the right to acquire
it  within  60  days.

<TABLE>
<CAPTION>



                         SHARES OWNED
                         BENEFICIALLY(1)            PERCENT OF
NAME AND ADDRESS                                     OWNERSHIP         CLASS
-------------------------------------------------------------------------------
<S>                                                 <C>         <C>    <C>
Bruce S. Cohen(2)         1,500,000                   54.2%               Common

Joseph Stiuso(3)            993,497                   35.9%               Common

All Executive Officers and Directors
As a group (1 person)     1,500,000                   54.2%               Common
<FN>


(1)  Beneficial  ownership has been  determined in accordance with Rule 13d-3 of
     the  Securities  Exchange Act of 1934, as amended.  Generally, a person is
     deemed  to be the  beneficial  owner of a  security  if he has the right to
     acquire  voting  or  investment  power  within  60 days of the date of this
     Registration Statement.

(2)  The  address  of  Bruce  Cohen  is  599-B Yonge Street, Suite 317, Toronto,
     Ontario  M4Y  1Z4.

(3)  The address of Joseph Stiuso is 273 Clinton Street, Toronto, Ontario M6G 2Y7.
</TABLE>

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

     The  Company  has  been  loaned  money  from  its  majority stockholder and
officer,  and  as  of  December  31,  2003  $27,878  remains  outstanding.

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

(a)(1)   Financial Statements:

     The  following  Financial  Statements  of  the Company are included in this
report.

     Report of Malone & Bailey, PLLC

     Auditors' Report

     Balance Sheet at December 31, 2003

                                      -8-
<PAGE>

     Statement of Deficit Year Ended December 31, 2003

     Statement of Loss Year Ended December 31, 2003 and December 31, 2002

     Statement of Cash Flows Year Ended December 31, 2003 and December 31, 2002

     Notes to Financial Statements

(a)(2)   Exhibits:

         The following exhibits are included in this report:

    Exhibit                                Description
--------------------------------------------------------------------------------

     3.1               Certificate of Incorporation                  (1)

     3.2               Certificate of Amendment                      (1)

     3.3               By-Laws                                       (1)

     3.4               Certificate of Amendment                      (2)

     16.1              Letter from Rosenberg Smith & Partners,       (3)
                       Chartered Accountants

     16.2              Letter from Weisbrod Goldmacher, LLP,
                       Chartered Accountants                         (3)

     31                Certificate of the Chief Executive Officer
                       and Chief Financial Officer pursuant Section
                       302 of the Sarbanes-Oxley Act of 2002           *

     32                Certificate of the Chief Executive Officer
                       and Chief Financial Officer pursuant to Section
                       906 of the Sarbanes-Oxley Act of 2002           *

(1)  Filed  as Exhibits 2.1, 2.2, 2.3 to the Company's Form 10-SB filed with the
     Securities  and  Exchange  Commission on July 14, 1999, and incorporated by
     Reference  herein.

(2)  Filed  as  Exhibit  3.1 to the Company's Form 8-K filed with the Securities
     and  Exchange  Commission  on March 10, 2003, and incorporated by reference
     herein.

(3)  Filed  as  Exhibits  16.1 and 16.2 to the Company's Form 8-K filed with the
     Securities  and  Exchange  Commission  on  February  26,  2004.

*    Included  herein

(b)  Reports on Form 8-K:

     The  Company did not file any reports on Form 8-K during the fourth quarter
ended  December  31,  2003.  On February 26, 2004, the Company filed a report on
Form  8-K relating to the dismissal of the former accountant and the appointment
of  a  new  principal  independent  public  accountant.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

AUDIT FEES

     The  aggregate  fees billed for each of the fiscal years ended December 31,
2003 and 2002 for professional services rendered by the principal accountant for
the  audit  of  the  Company's  annual  financial  statements  was  US$3,700 and
US$3,200,  respectively.  The aggregate fees billed for each of the fiscal years
ended  December  31,  2003  and  2002  for professional services rendered by the
principal  accountant  for  review  of  the financial statements included in the
registrant's  Form  10-QSB  or  for  services  that are normally provided by the
accountant  in  connection  with statutory and regulatory filings or engagements
for  those  fiscal  years  was  US$3,200  and  US$3,200,  respectively.

AUDIT RELATED FEES

     There were no fees for assurance services or any other audit related fees.

TAX FEES

     Tax work was provided for the year ended December 31, 2002, of which US$600
was paid and tax work will be provided for the year ended December 31, 2003, of
which $500 is estimated for tax work to be provided.

ALL OTHER FEES

     There are no fees other than mentioned above.

                                      -9-
<PAGE>

     SIGNATURES

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


TVE CORPORATION

By:  /s/ Bruce S. Cohen
- -----------------------------
Bruce S. Cohen
President, CEO and a Director

March 22, 2004

     In accordance  with the  Securities  Exchange Act of 1934,  this report has
been signed below by the following  persons on behalf of the  registrant  and in
the capacities and on the dates indicated.

/s/ Bruce S. Cohen
- ----------------------------
Bruce S. Cohen
President, CEO and Director                       Dated: March 22, 2004

                                      -10-
<PAGE>

EXHIBIT 31


                                  CERTIFICATION

I, Bruce S. Cohen, certify that:

1.   I  have  reviewed  this  annual  report  on Form 10-KSB of TVE Corporation;

2.   Based on my knowledge, this 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
     report;

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

4.   I  am  responsible for establishing and maintaining disclosure controls and
     procedures  (as  defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for
     the  small  business  issuer  and  have:

     a)   Designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure  controls  and  procedures  to  be  designed  under  my
          supervision, to ensure that material information relating to the small
          business  issuer,  including  its  consolidated  subsidiaries, is made
          known  to  me by others within those entities, particularly during the
          period  in  which  this  report  is  being  prepared;

     b)   Paragraph  omitted  in  accordance  with  SEC  transition instructions
          contained  in  SEC  Release  No.  33-8238;

     c)   Evaluated  the effectiveness of the small business issuer's disclosure
          controls  and  procedures  and presented in this report my conclusions
          about  the effectiveness of the disclosure controls and procedures, as
          of  the  end  of  the  period  covered  by  this  report based on such
          evaluation;  and

     d)   Disclosed  in  this  report  any change in the small business issuer's
          internal  control  over  financial  reporting that occurred during the
          small  business  issuer's  fourth  fiscal  quarter that has materially
          affected,  or  is  reasonably  likely  to materially affect, the small
          business  issuer's  internal  control  over  financial  reporting; and

5.   I  have  disclosed,  based on my most recent evaluation of internal control
     over  financial  reporting, to the small business issuer's auditors and the
     audit  committee  of small business issuer's board of directors (or persons
     performing  the  equivalent  functions):

     a)   All  significant deficiencies and material weaknesses in the design or
          operation  of  internal  control  over  financial  reporting which are
          reasonably  likely  to  adversely  affect  the small business issuer's
          ability  to  record,  process,  summarize  and  report  financial
          information;  and

     b)   Any  fraud, whether or not material, that involves management or other
          employees  who  have a significant role in the small business issuer's
          internal  control  over  financial  reporting.

Date:  March 22, 2004


                                   By: /s/Bruce S. Cohen
                                   -------------------------------
                                   Bruce S. Cohen,
                                   Chief Executive Officer and
                                   Principal Financial Officer

<PAGE>


EXHIBIT 32



     CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER
           PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


I,  Bruce  S.  Cohen,  certify,  pursuant  to 18 U.S.C. Section 1350, as adopted
pursuant  to  Section  906  of  the  Sarbanes-Oxley Act of 2002, that the Annual
Report  of TVE Corporation on Form 10-KSB for the fiscal year ended December 31,
2003  fully  complies  with  the  requirements  of Section 13(a) or 15(d) of the
Securities  Exchange  Act  of  1934  and that information contained in such Form
10-KSB  fairly  presents  in  all  material respects the financial condition and
results  of  operations  of  TVE  Corporation.


                                     By:/s/ Bruce S. Cohen
                                     --------------------------
                                     Name:  Bruce S. Cohen
                                     Title: Chief Executive Officer and
                                     Principal Financial Officer

March 22, 2004

<PAGE>