SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB


(Mark One)
   [X] Annual report under Section 13 or 15(d) of the Securities Exchange
       Act of 1934 for the fiscal year ended June 30, 2003

   [ ] Transition report under Section 13 or 15(d) of the Securities
       Exchange Act of 1934 for the transition period from ____ to______.


                        Commission file number: 001-07894
                                                ---------


                             OHANA ENTERPRISES, INC.
                        --------------------------------
        (Exact name of small business issuer as specified in its charter)



            Delaware                                 95-2312900
            --------                                 ----------
  (State or other jurisdiction of                (I.R.S. Employer
   incorporation or organization)               Identification No.)



               2899 Agoura Road, #168, Westlake Village, CA 91361
                ----------------------------------------- ------
               (Address of principal executive office) (Zip Code)


                                 (818) 991-6020
                         ------------------------------
                           (Issuer's telephone number)


Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.

                         Yes     X          No
                              -------           -------

The number of outstanding shares of the issuer's common stock, $0.001 par value,
as of September 27, 2003 was 17,359,638.


<PAGE>
                                TABLE OF CONTENTS

                                                                            PAGE
                                     PART I


Item 1.  Description of Business . . . . . . . . . . . . . . . . . . . . . . 1

Item 2.  Description of Property . . . . . . . . . . . . . . . . . . . . . . 7

Item 3.  Legal Proceedings . . . . . . . . . . . . . . . . . . . . . . . . . 7

Item 4.  Submission of Matters to a Vote of Security Holders . . . . . . . . 8


                                     PART II

Item 5.  Market for Common Equity and Related Stockholder Matters. . . . . . 8

Item 6.  Management's Discussion and Analysis or Plan of Operation . . . . . 9

Item 7.  Financial Statements. . . . . . . . . . . . . . . . . . . . . . . . 15

Item 8.  Changes in and Disagreements With Accountants on
         Accounting and Financial Disclosure . . . . . . . . . . . . . . . . 15

Item 8A. Controls and Procedures . . . . . . . . . . . . . . . . . . . . . . 15


                                    PART III

Item 9.  Directors, Executive Officers, Promoters, and Control Persons;
         Compliance with Section 16(a) of the Exchange Act . . . . . . . . . 16

Item 10. Executive Compensation  . . . . . . . . . . . . . . . . . . . . . . 18

Item 11. Security Ownership of Certain Beneficial Owners and Management
         and Related Stockholder Matters . . . . . . . . . . . . . . . . . . 19

Item 12. Certain Relationships and Related Transactions. . . . . . . . . . . 20

Item 13. Exhibits and Reports on Form 8-K. . . . . . . . . . . . . . . . . . 20

Item 14. Principal Accountant Fees and Services. . . . . . . . . . . . . . . 21


Signatures  . . . . . . . . . . . . . . . . . . . . .  . . . . . . . . . . . 22

Index to Exhibits  . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


<PAGE>
                                     PART I


ITEM 1.       DESCRIPTION OF BUSINESS

BACKGROUND

     As used herein the terms "Company" or "Ohana" refer to Ohana Enterprises,
Inc., a Delaware corporation, its wholly-owned subsidiary, Virtual Interviews,
Inc., a Nevada corporation ("VI"), and its predecessor Torchmail Communications,
Inc., a Delaware corporation ("Torchmail"), unless the context indicates
otherwise.

     The Company emerged from bankruptcy on August 21, 1999 as Erly Industries,
Inc. The Company's business plan at that time was to acquire operations through
an acquisition, merger or to begin its own start-up business. On March 22, 2000,
the Board of Directors accepted the terms of an agreement to provide a
controlling interest of the Company's common stock to Hudson Consulting Group,
Inc. ("Hudson"), a Nevada corporation and subsidiary of Axia Group, Inc., a
public company ("Axia"), for $120,000 in cash. This transaction was ratified at
a special board meeting on October 9, 2000. The Company then issued 9,237,912
shares of common stock to Hudson. The Company's Board of Directors then
appointed Richard Surber, an officer and director of Hudson and Axia and a
principal shareholder of Axia, to the Board on November 14, 2000. All other
members of the Company's Board of Directors then resigned, leaving Mr. Surber as
the sole member of the Company's Board of Directors.

     On January 24, 2001, the Company merged with Torchmail Communications Inc.,
a Delaware corporation ("Torchmail"). In the merger, shareholders of Erly
Industries, Inc. common stock received one share of Torchmail common stock for
every 100 shares of Erly stock owned. Fractional shares were rounded up to the
next whole share. The authorized number of shares of Torchmail is 200,000,000
shares. Following the reverse stock split, the Company had a total of 150,000
shares issued and outstanding.

     On June 15, 2001, the Company issued 500,000 shares of common stock to
Hudson for services rendered in preparing financial statements and also to pay
for expenses previously paid by Hudson on the Company's behalf.

     On March 17, 2002, the Company effected a 5 for 1 forward split to all
shareholders of record on the date March 15, 2002. Fractional shares were
rounded up to the nearest share.

     On October 18, 2002, the Company consummated the acquisition of one hundred
percent (100%) of the outstanding common stock of VI, in exchange for the
issuance of an aggregate of 9,384,543 shares of the Company's common stock to
the former VI shareholders. This acquisition resulted from the Company's efforts
over a period of time to locate an existing business or business assets with
which the Company could enter into a merger or acquisition.

     As part of the consideration for the acquisition, the Company assumed the
obligations of certain VI shareholders to Hudson pursuant to a $200,000 note
payable to Hudson (the "Note Payable"). The Note Payable represents payments due
to Hudson by Isaac P. Simmons, Kathryn A. Christmann, Gerard Nolan, David
Cronshaw, Interactive Ideas Consulting Group, Jonathan Thomas and Phillip


                                        1
<PAGE>
Crawford, all former shareholders of VI (the "Purchasers") pursuant to the
Purchasers' acquisition of 2,811,900 shares of the Company's common stock
representing 79.8% of all then- issued and outstanding common stock of the
Company. The Purchasers acquired the shares pursuant to a Stock Purchase
Agreement entered into between Purchasers and Hudson. Payment of the Note
Payable is secured by a Stock Pledge Agreement for two-thirds of the shares
transferred to Purchasers and two-thirds of the 9,384,543 shares of the
Company's common stock issued to the VI shareholders (including the Purchasers)
in the acquisition of VI referenced above. The Note Payable calls for a payment
of $100,000 on or before the 120th day following the closing of the Hudson stock
purchase (the "Closing") and an additional payment of $100,000 on or before the
180th day following the Closing.

     After the Closing, the former VI shareholders owned an aggregate of
12,196,443 shares, or 93.39%, of the Company's common stock.

     As provided in the Acquisition Agreement, all but one of the Company's
Directors resigned at the Effective Date, and four VI Directors and
shareholders, Catherine Thompson (who also serves as VI's Chief Financial
Officer), Gerard Nolan (who also served as VI's Chief Executive Officer), David
Cronshaw and Michael Avatar, were elected to serve on the Company's Board of
Directors. Mr. Nolan was also elected to serve as President and Chief Executive
Officer of the Company, and each of the executive officers of VI were elected as
executive officers of the Company.

     On January 16, 2003, the Company notified Hudson of the Company's intent to
offset payments due to Hudson under the Stock Purchase Agreement. The offset,
permitted under Section 6.5 of the Stock Purchase Agreement, was effected by the
Company due to certain alleged misrepresentations and omissions made by Hudson
in the Stock Purchase Agreement.

     On March 17, 2003, Hudson filed a Verified Complaint in the Third Judicial
District Court in and for Salt Lake County, Utah (Case No. 030905949) against
the Company and the Purchasers, alleging claims of breach of contract and breach
of implied covenant of good faith and fair dealing in the failure to pay sums
due under the Stock Purchase Agreement, and seeking damages of not less than
$200,000. On June 5, 2003, the Company and the Purchasers filed an Answer,
Counterclaim and Third Party Complaint against Hudson, Axia Group, Inc. and
Richard Surber, denying Hudson's allegations, setting forth several affirmative
defenses and setting forth claims for fraud, negligent misrepresentation and
violations of Utah and federal securities laws. At the present time, the parties
are discussing settlement of this litigation; however, no such settlement has
been reached.


Anticipated Services and Markets
--------------------------------

     Ohana is a development stage company that will provide services and
products within the market segment of human resource professional services and
outsourcing. The Company's core service will be the "Visual Interview", that
will provide employers, recruiters and search firms the tools and services to
facilitate the initial screening and skills assessment of job candidates.  Ohana
will conduct the candidate interview at one of its professional office
locations, capture the interview on video, and stream it to the client on demand
over a secure private intranet.  Candidate interviews will be archived for


                                        2
<PAGE>
client review. Human resource managers will be able to designate viewing
permissions to other hiring managers within the organization.

     The VI service is intended to provide its employer and recruiter clients
with lower cost-per-hire, shorter time-to-fill for open job positions, and
improved quality-of-hire.  For the job candidates, the VI service will offer
convenience, confidentiality, time savings, and minimzed travel requirements.

     While the market for hiring will cycle with the economy, the Company
believes that its Visual Interviews will be insulated from these cycles because
the Company's service is not industry dependent. Ohana will derive revenue from
new job openings, employee turnover, employee transitions and migration.  Also,
by servicing and teaming with executive outplacement companies, the Company
plans to generate revenue during poor economic times and layoffs.

     The Company will initially target executive and specialized hiring needs
for the business services, healthcare services, educational (public and private)
services and the engineering and management services sectors in the six-figure
salary range. As market acceptance increases and the economic situation begins
to improve, the Company will expand its target audience to managerial,
professional, technical and sales staff in the annual salary range of $75,000 -
$200,000.

     The Company believes that average cost-per-hire for these candidates is
higher because HR managers or in-house staffing representatives usually do not
have the individual authority to qualify high level job candidates for such
positions. HR managers will often assemble a panel which will include other
executives from representative departments during the screening process.
According to the U.S. Department of Labor, the national average cost-per-hire
("CPH") is one-third of a new hire's salary. The CPH for a new hire with an
$85,000 annual salary could therefore equal up to $28,300. A company
interviewing ten candidates for the that position could be paying up to $2,830
per interview;  64% of that cost is associated with the scheduling, initial
interview, skills testing and other administrative processes, while the
remaining 36% is due to advertising and sourcing. Therefore, the interview cost
(minus advertising and sourcing) could amount to $1,813 per candidate for that
position.

     The Company will allow its prospective clients to shorten the time-to-fill
("TTF") gap between turnover and hiring. The longer the TTF gap, the higher the
opportunity cost. The Company believes that its "Visual Interviews" service will
be able to process more candidates at a faster rate and at a lower cost. The HR
department will no longer be inundated with the scheduling, initial interview,
skills testing and other administrative processes that amount to 64% of the
average cost-per-hire. The cost of the internal executives' being away from
their jobs while conducting interviews also represents an enormous productivity
loss. Ohana believes that its "Visual Interviews" anywhere, anytime on-demand
video will eliminate this problem.

     Management believes that its "Visual Interviews" service will also allow
for improvement in the quality-of-hire. Clients will have access to a larger
talent pool and will be able to pre-screen the candidate's skills and fit with


                                        3
<PAGE>
the corporate culture.  Pre-formatted interview questions, set up by the client
to its specifications in consultation with the Company, will allow candidates to
be screened more objectively at management's convenience through a
password-secured intranet via any user-friendly Web browser.

     In the future, the Company may re-package and re-brand the "Visual
Interview" technology to create new service offerings. One such future offering
may be the "Visual Resume". The "Visual Resume" will be a mass-market service,
targeted at mid- and lower-level job seekers through college campuses and other
strategic partners. The "Visual Resume" will capture the job seeker on video
giving a verbal presentation of his or her resume. The video will be linked to
the candidate's resume document at a secure intranet address provided by the
Company. The job seeker can then email the link to prospective employers for
consideration.

Distribution
------------

     Ohana anticipates that the "Visual Interviews" service will be distributed
directly through a sales force to be built by the Company, and indirectly
through distribution partners such as recruiting agencies and executive
outplacement firms.  To date, no salespersons have been hired.  Sales will be
targeted at internal recruiters and human resource professionals of global
Fortune 2000 corporations.  Initial targets will be those corporations in
industries that are currently hiring: oil and gas companies, biotech, and
healthcare.  Additionally, the Company will seek well-funded local governments
with technology initiatives as primary targets.

Competition
-----------

     The competitive landscape in this market segment is a patchwork of emerging
entities comprised of large companies, venture backed start-ups and bootstrapped
entrepreneurs.  The market is intensely competitive and characterized by rapidly
changing technology and evolving standards. Our principal competitors   The
large companies include the Futurestep division of Korn Ferry; Ohana believes
that these companies face challenges such as poor correlation of technology
availability and market reception (for example, sending VHS cameras to
candidates for self interview). Also, the utilization of available remote
point-to-point video teleconferencing has not delivered the convenience and
quality that is required by this market. Video teleconferencing has been tried
by many multi-national corporations but has been largely rejected as ineffective
for human resource and recruiting demands. In most cases, the large companies in
this space are not necessarily competitors as much as our best candidates for
partners or customers by customizing and licensing our technology for their use.

     Management believes that the principal competitive factors in the Company's
market are technological innovation and time to market. Many of Ohana's current
and potential competitors have significantly greater financial, technical,
marketing and other resources than it does, and therefore may be able to respond
more quickly to new or emerging technologies and changes in customer
requirements or devote more resources to the development and commercialization
of their products. In addition, certain of the Company's competitors may have
greater name recognition and the ability to leverage significant installed
customer bases. Management expects additional competition as other established
and emerging companies enter into the visual interview market and new products
and technologies are introduced.


                                        4
<PAGE>
Increased competition could result in price reductions, reduced gross margins,
longer sales cycles and loss of market share, any of which would materially and
adversely affect Ohana's business, operating results and financial condition.
The Company believes that its ability to compete will depend on many factors
both within and beyond its control, including:

                    -    the ease of use, performance, features, price and
                         reliability of Ohana's solutions as compared to those
                         of its competitors;

                    -    the timing and market acceptance of new solutions and
                         enhancements to existing solutions developed by Ohana
                         and its competitors;

                    -    the quality of Ohana's customer service and support;
                         and

                    -    the effectiveness of Ohana's sales and marketing
                         efforts.

     Many of the Company's current and potential competitors are likely to enjoy
substantial competitive advantages, including:

                    -    longer operating histories;

                    -    greater name recognition;

                    -    more extensive customer bases; and

                    -    cooperative relationships among themselves or with
                         third parties to enhance their products.

     Increased competition is likely to result in price reductions, reduced
gross margins and loss of market share, any one of which could impair the
Company's finances and business prospects. There can be no assurance that the
Company will be able to compete successfully against existing or potential
competitors or that competitive pressures will not materially impair the
Company's finances or business prospects.

Technology
----------

     The Company's technology is currently in the early development phase, and
will require additional development and funding in order to reach
commercialization.  Discussions have been initiated with a third-party developer
for specifications design and documentation for a second generation product.
The "Visual Interviews" technology will be designed and built with secure,
scalable hardware and robust programmed software.  The "Visual Interviews"
service will be developed as an Application Service Provider (ASP) product using
a multi-tier architecture - Web Client, Web Server, Application Server, and
Database Server. In the future, the Company anticipates that the service will be
upgraded to a standards-based Microsoft .NET platform. This should allow the
Company to create a HR "Web Service" using widely accepted data standards.

Intellectual Property
---------------------


                                        5
<PAGE>
     Ohana is in the process of registering its trademark "Visual Interviews"
with the United States Patent and Trademark Office.

     The Company regards the protection of its trade secrets and other
intellectual property as critical to its future success and relies on a
combination of trade secret laws and contractual restrictions to establish and
protect its proprietary rights in products and services. [The Company has
entered into confidentiality and invention assignment agreements with its
employees and contractors, and nondisclosure agreements with its suppliers and
strategic partners in order to limit access to and disclosure of its proprietary
information. There can be no assurance that these contractual arrangements or
the other steps taken by Ohana to protect its intellectual property will prove
sufficient to prevent misappropriation of its technology or to deter independent
third-party development of similar technologies. While management intends to
pursue registration of its trademarks and service marks in the U.S. and
internationally, effective trademark, service mark, copyright and trade secret
protection may not be available in every country in which the Company's services
are made available online. The Company does not currently own any patented
technology registered with the United States Patent and Trademark Office.


     Policing unauthorized use of the Company's products will be difficult. The
laws of other countries may afford little or no effective protection of the
Company's technology. There can be no assurance that the steps taken by the
Company will prevent misappropriation of its technology or that agreements
entered into for that purpose will be enforceable. In addition, litigation may
be necessary in the future to enforce the Company's intellectual property
rights, to protect its trade secrets, to determine the validity and scope of the
proprietary rights of others, or to defend against claims of infringement or
invalidity. Such litigation, whether successful or unsuccessful, could have a
material and adverse effect on the Company's business, results of operations or
financial condition.

     The success and competitiveness of Ohana's products depend in part upon its
ability to protect its current and future technology through a combination of
trademark, trade secret and copyright law. Because laws protecting certain
ownership rights in software are uncertain and still evolving, there can be no
assurance about the future viability or value of any of the Company's current
technology ownership rights.

     Although management does not believe that Ohana infringes the proprietary
rights of third parties, there can be no assurance that third parties will not
claim infringement by the Company with respect to past, current or future
technologies. Management expects that participants in the Company's markets will
be increasingly subject to infringement claims as the number of services and
competitors in its industry segment grows. Any such claim, whether meritorious
or not, could be time-consuming, result in costly litigation, cause service
upgrade delays or require the Company to enter into royalty or licensing
agreements. Such royalty or licensing agreements might not be available on terms
acceptable to Ohana or at all.  As a result, any such claim could have a
material adverse effect upon the Company's business, results of operations and
financial condition.


                                        6
<PAGE>
Governmental Regulation
-----------------------

     Government regulation of communications and commerce on the Internet
varies greatly from country to country. The United States has enacted
legislation addressing such issues as the transmission of certain materials to
children, intellectual property protection, taxation, and the transmission of
sexually explicit material. There is some risk that the United States and other
countries will increase their regulation of the Internet in the future. As the
Company's products are utilized solely in connection with the Internet, any new
law or regulation pertaining to the Internet, or the application or
interpretation of existing laws, could adversely impact Ohana's sales, increase
its cost of doing business or otherwise have a material and adverse effect on
its business, results of operations and financial condition.

Employees
---------

     As of June 30, 2003, the Company had three (3) employees, of which two were
engaged in administration and one in research and development.  The Company
believes that its future success will depend in part on its ability to attract,
integrate, retain and motivate highly qualified technical and managerial
personnel, and upon the continued service of our senior management and key
technical personnel. The competition for qualified personnel in the Company's
industry and geographical location is intense, and there can be no assurance
that Ohana will be successful in attracting, integrating, retaining and
motivating a sufficient number of qualified personnel to conduct its business in
the future. From time to time, Ohana will also employ independent contractors to
support its research and development, marketing, sales and support and
administrative organizations.  The Company has never had a work
stoppage, and no employees are represented under collective bargaining
agreements.  The Company considers its relations with its employees to be good.


ITEM 2. DESCRIPTION OF PROPERTY

     At the present time, the Company does not own or lease any real property.


ITEM 3. LEGAL PROCEEDINGS

     On March 17, 2003, Hudson filed a Verified Complaint in the Third Judicial
District Court in and for Salt Lake County, Utah (Case No. 030905949) against
the Company and the Purchasers, alleging claims of breach of contract and breach
of implied covenant of good faith and fair dealing in the failure to pay sums
due under the Stock Purchase Agreement, and seeking damages of not less than
$200,000.  On June 5, 2003, the Company and the Purchasers filed an Answer,
Counterclaim and Third Party Complaint against Hudson, Axia Group, Inc. and
Richard Surber, denying Hudson's allegations, setting forth several affirmative
defenses and setting forth claims for fraud, negligent misrepresentation and
violations of Utah and federal securities laws.  At the present time, the
parties are discussing settlement of this litigation; however, no such
settlement has been reached.


                                        7
<PAGE>
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     The Company did not submit any matter to a vote of security holders during
the fourth quarter of the fiscal year covered by this report.


                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS MARKET
INFORMATION, HOLDERS AND DIVIDENDS

     The Company's common stock has been traded on the NASD O-T-C Market
Bulletin Board since January 29, 2003. Prior to that date, its common stock was
not actively traded in the public market. The common stock is listed on the NASD
O-T-C Market Bulletin Board under the symbol "OHNA". The following table sets
forth, for the periods indicated, the high and low bid prices for the common
stock as reported by various Bulletin Board market makers. The quotations do not
reflect adjustments for retail mark-ups, mark-downs, or commissions and may not
necessarily reflect actual transactions.

<TABLE>
<CAPTION>
COMMON STOCK
                                    Bid Price
                                   -----------
Period                             High    Low
------                             ----    ---
<S>                                <C>    <C>
2003
----
First Quarter                      $0.25  $0.25
Second Quarter                     $0.25  $0.25
Third Quarter
(July 1 through Sept 26)           $2.50  $0.25
</TABLE>


     On September 30, 2003, the high and low bid prices of the Company's common
stock on the Bulletin Board were $.09 and $.09 per share, respectively, and
there were approximately 1,200 holders of record of the common stock.  At
September 27, 2003, the Company had 17,359,638 shares of common stock issued and
outstanding.  Since its inception, the Company has not paid any dividends and it
is not anticipated that the Company will pay any dividends in the foreseeable
future.

RECENT SALES OF UNREGISTERED SECURITIES

     The following information is being provided with respect to all securities
sold by the Company during the period covered by this report without registering
such securities under the Securities Act of 1933, as amended (the "Securities
Act").


                                       8
<PAGE>
     On January 20, 2003, the Company sold 200,000 shares of its common stock to
a group of individuals for cash consideration of $25,000, or $.125 per share.
The sales were made in relied on the exemption from registration provided by
Section 4(2) of the Securities Act and were made without general solicitation or
advertising. The recipients were sophisticated investors with access to all
relevant information necessary to evaluate these investments, and who
represented to the Company that the shares were being acquired for investment.

     On April 23, 2003, the Company sold an aggregate of 1,500,000 shares of its
common stock to BBG Capital Corp. ("BBG") pursuant to an agreement of BBG to pay
an aggregate of $300,000, or $.20 per share. The Company relied on the exemption
from registration provided by Regulation S of the Securities Act. On August 6,
2003, the Company cancelled the then-outstanding balance of 1,028,280 shares
issued to BBG. The Company was to receive $94,344, less offering costs, for an
aggregate of 471,720 shares sold to BBG prior to the cancellation. However, the
Company received only $76,000, less commissions, and is seeking remedy for the
balance owed of $11,740.


ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND
RESULTS OF OPERATIONS

     THIS REPORT CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF
SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, INCLUDING, WITHOUT
LIMITATION, STATEMENTS REGARDING THE COMPANY'S EXPECTATIONS, BELIEFS, INTENTIONS
OR FUTURE STRATEGIES THAT ARE SIGNIFIED BY THE WORDS "EXPECTS", "ANTICIPATES",
"INTENDS", "BELIEVES", OR SIMILAR LANGUAGE.  THESE FORWARD-LOOKING STATEMENTS
INVOLVE RISKS, UNCERTAINTIES AND OTHER FACTORS.  ALL FORWARD-LOOKING STATEMENTS
INCLUDED IN THIS DOCUMENT ARE BASED ON INFORMATION AVAILABLE TO THE COMPANY ON
THE DATE HEREOF AND SPEAK ONLY AS OF THE DATE HEREOF.  THE FACTORS DISCUSSED
BELOW UNDER "FORWARD-LOOKING STATEMENTS" AND ELSEWHERE IN THIS ANNUAL REPORT ON
FORM 10-KSB ARE AMONG THOSE FACTORS THAT IN SOME CASES HAVE AFFECTED THE
COMPANY'S RESULTS AND COULD CAUSE THE ACTUAL RESULTS TO DIFFER MATERIALLY FROM
THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS.

     The following discussion should be read in conjunction with the condensed
consolidated financial statements and notes thereto.

BACKGROUND

     The Company emerged from bankruptcy on August 21, 1999 as Erly Industries,
Inc. On January 24, 2001, Erly Industries, Inc. changed its domicile from
California to Delaware and changed its name to Torchmail Communications, Inc. On
October 18, 2002, the Company consummated the acquisition of one hundred percent
(100%) of the outstanding common stock of Virtual Interviews, Inc., a Nevada
corporation ("VI") in exchange for the issuance of an aggregate of 9,384,543
shares of the Company's common stock to the former VI shareholders.

     This acquisition resulted from the Company's efforts over a period of
time to locate an existing business or business assets with which the Company
could enter into a merger or acquisition. On December 10, 2002, the Company
changed its name to Ohana Enterprises, Inc. in association with the change in
control and acquisition of VI.  Ohana Enterprises, Inc. is a holding company


                                        9
<PAGE>
with no operations.  VI is a wholly-owned subsidiary of the Company, and is the
only operational business within the Company.

     For the next year the Company will focus on funding, product development of
both the "Visual Interviews" and "Visual Resume" services, and on strategic
alliances to assist in the rollout and distribution of these services.

     The Company plans to engage in second generation development with a third
party developer.  It is anticipated that Beta testing will begin in the second
calendar quarter of 2004.  The Company anticipates an initial product launch
with one or two clients and six to ten offices located in major metropolitan
areas.  The Company will seek strategic alliances with partners who can assist
with office location rollout and client referrals.

     Efforts to build a Board of Directors will continue as the Company
progresses from the development stage to the operational stage. Additionally,
the Company seeks to build a Board of Advisors comprised of industry
professionals who can assist in furthering the Company's business plan.

RESULTS OF OPERATIONS

     Year Ended June 30, 2003 Compared To Year Ended June 30, 2002

        Revenues.  The Company did not generate any revenue in the fiscal years
ended June 30, 2003 and 2002.  Since the October 2002 acquisition of VI, the
Company's focus has been on the creation of an infrastructure, securing a
strategic partner and the development of the VI suite of products.   The Company
has been in the development stage since July 2001.

        General and Administrative Expenses.   The Company incurred $516,495 in
general and administrative expenses for the year ended June 30, 2003, compared
to $53,478 in general and administrative expenses for the year ended June 30,
2002.  Included in general and administrative expense for the year ended June
30, 2003 was $363,370 of expense related to the issuance of an aggregate of
12,269,067 shares of common stock to employees and consultants in lieu of cash
compensation.  Employees and consultants receiving stock agreed to receive these
securities, in lieu of cash, for payment of services rendered.  For the year
ended June 30, 2002, similar non-cash compensation equaled $27,560 for the
issuance of an aggregate of 9,384,543 shares of common stock.

        Sales and Marketing Expenses.  The Company has incurred no sales and
marketing expenses since the date of inception as it has been a development
stage company.

        Provision for Loss on Related Parties Note Receivable.  In the year
ended June 20, 2003, the Company determined that a $200,000 note receivable from
related parties in regard to the purchase of Torchmail was uncollectible. In
accordance with this determination, a $200,000 provision for loss was entered.

        Net Loss.   As a result of the foregoing factors, the Company's net loss
increased to $716,495 for the year ended June 30, 2003, compared to a net loss


                                       10
<PAGE>
of $53,478 for the year ended June 30, 2002. The net loss (basic and diluted)
per share was $0.07 and $0.01, for the respective years ended June 30, 2003 and
2002.

LIQUIDITY AND CAPITAL RESOURCES

     Cash and cash equivalents equaled $25,190 at June 30, 2003, resulting from
financing activities as described below.  The Company had no cash at June 30,
2002.  The Company utilized $35,810 in operating activities during
The year ended June 30, 2003; due to the lack of cash in 2002, no cash was
utilized for operating activities during the year ended June 30, 2002.  The cash
utilized in operating activities during the year ended June 30, 2003 primarily
reflected non-cash adjustments resulting from the acquisition of VI, the
$200,000 loss provision described above, and the issuance of common stock for
services.  Cash changes included changes in prepaid expenses, accounts payable
and accrued liabilities, and related party payables. The Company did not utilize
cash in investing  activities during either 2003 or 2002.  Financing  activities
provided $61,000 of cash to the Company during the year ended June 30, 2003,
consisting of $25,000 in proceeds from the issuance of common stock and $39,102
received on a subscription receivable, less $3,102 in offering costs.

     The Company has not had any revenues to date, and has experienced operating
losses since inception primarily caused by its continued development and
administrative costs.  As shown in the accompanying financial statements, the
Company incurred a net loss of $716,495 for the year ended June 30, 2003. Those
factors create an uncertainty and raise substantial doubt about the Company's
ability to continue as a going concern. Management of the Company is actively
seeking additional capital; however, there can be no assurance that such
financing will be available on terms favorable to the Company, or at all.  The
financial statements do not include any adjustments that might be necessary if
the Company is unable to continue as a going concern. Continuation of the
Company as a going concern is dependent on the Company continuing to raise
capital, developing significant revenues and ultimately attaining profitable
operations.

     The Company is currently devoting its efforts to raising capital and to
second generation development of the "Visual Interviews" service.  In May
2003, the Company executed an investment banking agreement with Chicago
Investment Group, LLC, a privately owned investment banking firm.  Under the
terms of the agreement, Chicago Investment Group will provide consultation and
assistance to the Company in raising between $2 million and $5 million in
funding.  The Company is also seeking sources to raise $1 million in bridge
financing.

CONTROLS AND PROCEDURES

     On September 27, 2003, management concluded its evaluation of the
effectiveness of the Company's disclosure controls and procedures.  As of that
date, the Company's Chief Financial Officer (also acting as the Company's acting
Chief Executive Officer) concluded that the Company maintains effective
disclosure controls and procedures that ensure that information required to be
disclosed in the Company's reports under the Securities Exchange Act of 1934 is
recorded, processed, summarized and reported within the time periods specified


                                       11
<PAGE>
in the SEC's rules and forms.   Specifically, the disclosure controls and
procedures assure that information is accumulated and communicated to the
Company's management as appropriate, to allow timely decisions regarding
required disclosure.   There have been no significant changes in the Company's
internal controls or in other factors that could significantly affect these
controls subsequent to the date of management's evaluation.

RISKS AND UNCERTAINTIES

     The Company's business, financial condition or results of operations could
be materially and adversely affected by any of the following risks:

     OHANA HAS ONLY A LIMITED OPERATING HISTORY.  The Company has only a limited
operating history upon which can be based an evaluation of its prospects.  Such
prospects must be considered in light of the risks,  expenses and difficulties
frequently encountered by companies seeking to  introduce new products into new
and rapidly evolving markets characterized  by intense competition. To address
these risks and uncertainties, the Company must, among other things,
successfully market the talents and capabilities of its management team and
complete and introduce products and product enhancements in a timely manner,
continue to upgrade and commercialize its technologies, compete effectively with
a large number of technologically  sophisticated and well financed companies,
and attract, retain and motivate highly qualified personnel, and manage rapid
growth. There can be no assurance that Ohana will successfully address these
challenges.

     THE COMPANY HAS A HISTORY OF LOSSES, AND ITS INDEPENDENT CERTIFIED PUBLIC
ACCOUNTANTS' REPORT DATED SEPTEMBER 9, 2003, INCLUDES AN EXPLANATORY PARAGRAPH
RELATING TO SUBSTANTIAL DOUBT AS TO OHANA'S ABILITY TO CONTINUE AS A GOING
CONCERN. Since the Company's inception in 2001, it has incurred substantial
losses from operations, resulting primarily from costs related to development of
its technology and building its infrastructure. Because of Ohana's status as a
development stage company and the need to conduct additional research and
development prior to completing its technology and introducing services to the
market, management expects to incur net losses for the foreseeable future. If
the Company's growth is slower than anticipated or operating expenses exceed
expectations, Ohana's losses will be significantly greater. The Company may
never achieve profitability. Primarily as a result of these recurring losses,
Ohana's independent certified public accountants modified their report on the
June 30, 2003 financial statements to include an uncertainty paragraph wherein
they expressed substantial doubt about the Company's ability to continue as a
going concern.

         The Company's business plan requires that it incur significant
operating expenses in order to develop and extend its business model, its
technology and its operations, as well as respond to unanticipated competitive
pressures. At this time, the Company does not have a source of operating
capital, as it is still in the development stage.  As a result, Ohana intends to
raise additional capital through public or private debt or the sale of equity
and/or debt securities. There can be no assurance that additional financing will
be available on terms favorable to Ohana, or that additional financing will be
available at all. If adequate funds are not available or are not available on
acceptable terms, the Company may not be able to develop its technology, respond
to unanticipated competitive pressures, or continue to fund its operations.
Such inability could have a material  adverse  effect on the Company's business,
financial condition, results of operations and prospects.


                                       12
<PAGE>
     OHANA NEEDS SIGNIFICANT ADDITIONAL CAPITAL.  The Company is currently
experiencing  a capital shortfall.  Management estimates that current cash and
cash equivalents are currently insufficient to meet anticipated cash needs for
working capital and capital expenditures.  Although the Company has entered into
an agreement with Chicago Investment Group, LLC for assistance in raising
capital, to date the Company has not received any additional funding.  Ohana
therefore needs to raise additional funds immediately.  If additional funds are
raised through the issuance of equity or convertible debt securities, the
percentage ownership of existing stockholders will be reduced, and such
securities may have rights, preferences and privileges senior to those of the
Company's common stock.  The Company is currently attempting to identify other
prospective investors with respect to financing; however, the Company has not
entered into agreements with any such investors.  There can be no assurance that
additional financing will be available on terms favorable to Ohana or at all.
If adequate funds are not available or are not available on acceptable terms,
the Company will not be able to fund its operations.  Such inability to fund
operations will have a material adverse effect on the Company's business,
results of operations and
financial condition.


     THE COMPANY WILL BE DEPENDENT UPON THE HUMAN RESOURCES MARKET FOR ITS
REVENUES.  Human Resources, traditionally considered a cost center, is one of
the last corporate departments to adopt technological change.  However,
management believes that the market for business process outsourcing is growing
rapidly as is the number of companies entering this market. The Company's
success will depend, in part, upon its ability to build a reliable, scalable
application in a timely manner and to be able to enhance, re-package and
re-brand that technology to create new service offerings.  There is no assurance
that the Company will be able to develop its service for commercial deployment
before evolving industry standards render the service unwanted, undesirable or
obsolete.  As a result more advanced services produced by Ohana's competition
could erode the Company's competitive position or inhibit entrance into desired
markets.

     THE COMPANY'S "VISUAL INTERVIEWS" SERVICE WILL BE DEPENDENT UPON
MICROSOFT'S .NET PLATFORM.  Initially, the Company's "Visual Interviews" service
will be developed as an Application Service Provider (ASP) product with future
enhancement to upgrade the application to a standards-based Microsoft .NET
platform. This will allow Ohana to create a HR "Web Service" using widely
accepted data standards.  Management's strategy is to develop the application in
parallel with Microsoft's newest technology to attempt to gain increased
credibility and market acceptance. However, even if the market for Microsoft
services experiences substantial growth, there can be no assurance that the
Company's services will be commercially successful or will benefit from such
growth.  Further, even if initially successful, any continued development and
expansion of the market for Ohana's services will depend in part upon the
Company's ability to create and develop additional  services and to adjust
existing applications in accordance with changing   client needs and
preferences, all at competitive prices.

     THE COMPANY'S SERVICES WILL BE HIGHLY CONFIDENTIAL AND DEPENDENT UPON
UNINTERRUPTED INTERNET SERVICE.  The Company's services will be confidential in
nature.  These services will be delivered via the Internet and video and data
will be hosted with third party service providers. While the Company will


                                       13
<PAGE>
negotiate for service level agreements, there can be no assurance that the
Company's services will not be interrupted or that confidential information will
not be breached.  Interruptions of service could also arise from network
outages, periodic system upgrades, and internal system failures.  Failures in
performance, reliability or availability of our services could severely affect
the Company's credibility and inhibit the Company's future ability to attract
new clients.

     THERE CAN BE NO ASSURANCE THAT THE COMPANY'S SERVICES WILL BE ACCEPTED BY
THE MARKET.  The Company's ability to succeed will also be significantly
affected by market acceptance and adoption of its anticipated services.  The
Company's service is a new application that would alter traditional methods of
hiring.  The Company intends for its services to be timesaving tools that will
allow human resource managers and recruiters to become more strategic in their
roles and less administrative. There is potential that HR professionals could
initially feel threatened by or inconvenienced by Ohana's anticipated services.
The Company will seek feedback during the application development and testing
phases as well as ongoing comments to make its service applications useful and
easy to utilize.  There can be no assurance that the Company's market will adopt
and utilize the Company's services to any degree to provide necessary
operational revenues.

     OHAHA WILL BE DEPENDENT ON STRATEGIC PARTNERS TO BUILD ITS INFRASTRUCTURE.
To achieve its business plan, the Company's growth is dependent upon the build
out of infrastructure required to deliver the service on a broad scale.
Establishing interviewing locations in major cities worldwide will be very cost
prohibitive for the Company at this early stage.  The Company intends to develop
relationships with strategic partners in order to build out the infrastructure
with lower cost outlay until operations provide sufficient revenues to support
opening its own locations. The Company may be unable to attract such partners or
to negotiate such terms acceptable to the Company.  Failure to do so could
materially and adversely affect the Company's business, operating results and
financial condition.

     OHANA MAY BE UNABLE TO MANAGE ITS GROWTH.  Should the Company experience
rapid growth, its failure to manage such growth could cause substantial
increases in operating costs and harm its ability to achieve profitability and,
therefore, decrease the value of its stock.  Rapidly expanding Ohana's business
would require the Company to invest significant amounts of capital in its
operations and resources, which would substantially increase operating costs. As
a result, the Company's failure to manage its growth effectively could cause
substantial increases in operating costs without corresponding increases in
revenue, thereby harming the Company's ability to achieve or sustain
profitability. Also, management may have to divert a disproportionate amount of
its attention away from the Company's day-to-day activities and devote a
substantial amount of time managing growth.

     THE COMPANY'S OPERATING RESULTS MAY VARY FROM QUARTER TO QUARTER.  Due to
the early stage of development of the Company and lack of market experience with
a new service application, the Company's quarterly operating results will be
difficult to predict and may fluctuate significantly from quarter to quarter.
Consequently, the market price of Ohana's securities has been, and can be
expected to continue to be, highly volatile.  Factors such as announcements by
the Company or others of technological innovations, new commercial products,
regulatory approvals or proprietary rights developments and competitive


                                       14
<PAGE>
developments all may have a significant impact on the Company's future business
prospects and market price of its securities.



ITEM 7. FINANCIAL STATEMENTS

     Consolidated financial information relating to Ohana Enterprises, Inc., a
Delaware corporation ("Company") and its subsidiary, Visual Interviews, Inc., a
Nevada corporation, together with the report of Lucas, Horsfall, Murphy &
Pindroh, LLP dated September 9, 2003, required by this item are included as
pages F-1 to F-14 of this Form 10-KSB.


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

     On April 29, 2003, we filed an amended Current Report on Form 8-K/A
in connection with the dismissal of Jones Simkins, LLP, and the engagement of
Lucas, Horsfall, Murphy, & Pindroh, LLP, as our independent public accountants.

     The dismissal was authorized by the Company's Audit Committee and approved
by the Board of Directors. The former accountants were dismissed by the Company
on the basis of the lack of proximity - while the Company's former offices were
located in Salt Lake City, Utah, the same general location as the offices of
Jones Simkins LLP, the Company had recently relocated its executive offices to
Southern California.  With a goal of reducing expenses, management believed that
retaining a local auditor would be in the best interests of the Company.  Jones
Simkins LLP was previously engaged to audit the Company's March 31, 2002
financial statements. Except for a modification paragraph which indicated an
uncertainty relating to the Company's ability to continue as a going concern,
the report provided by Jones Simkins for the last year did not contain an
adverse opinion or a disclaimer of opinion, or was qualified or modified as to
audit scope or accounting principles. During the Company's most recent fiscal
year and the subsequent period through April 21, 2003, there were no
disagreements with the former accountants on any matter of accounting
procedures, or practices, financial statement disclosure, or auditing scope or
procedures, which disagreement, if not resolved to the satisfaction of the
former accountant, would have caused them to make reference to the subject
matter of the disagreement in connection with their report.

     Effective the same date, the Company's Audit Committee approved the
Company's engagement of Lucas, Horsfall, Murphy & Pindroh, LLP, located in
Pasadena, California, as the Company's new independent certified public
accountants. During the Company's most recent fiscal year and the subsequent
period prior to such appointment, the Company had not consulted the newly
engaged accountant regarding the application of accounting principals to a
specified transaction or the type of audit opinion that might be rendered on the
Company's financial statements, nor on any matter that was either the subject of
a disagreement or a reportable event.

ITEM 8A. CONTROLS AND PROCEDURES.

(a)     Within 90 days prior to the filing date of this report, with the
participation of the Company's management, the Company's Chief Financial Officer
and acting Chief Executive Officer evaluated the effectiveness of the Company's
disclosure controls and procedures in accordance with Rule 13a-14 of the
Securities Exchange Act of 1934 (the "Exchange Act"). Based upon that
evaluation, the Chief Financial Officer and acting Chief Executive Officer
concluded that the Company's disclosure controls and procedures are effective in
providing reasonable assurance that information required to be disclosed by the
Company in reports that it files under the Exchange Act is recorded, processed,
summarized and reported within the time period specified in the Commission's
rules and procedures.

(b)     Changes in Internal Controls. There were no significant changes in the
Company's internal controls or in other factors that could significantly affect
These controls subsequent to the date of the evaluation.


                                       15
<PAGE>
                                    PART III

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

     The following persons were serving as our executive officers and directors
at June 30, 2003:

Name                              Age    Position(s) and Office(s)

Gerard Nolan                      48     President, CEO and a
                                         Director (1)
Catherine Thompson                37     CFO, Secretary and a
                                         Director
David Cronshaw                    44     CTO and Director (2)
Michael Avatar                    44     Director
Rowan Campbell                    36     Director
__________________________
     (1)  Mr. Nolan was terminated as our President and CEO effective August 29,
          2003. He resigned as a member of the Board of Directors effective
          October 13, 2003.
     (2)  Mr. Cronshaw was terminated as CTO effective September 4, 2003. He
          resigned as a member of the Board of Directors effective October 14,
          2003.

     Gerard Nolan. Mr. Nolan served as President and Chief Executive Officer and
as a member of the Board of Directors since October 2002. During his 25-year
career, Mr. Nolan has been involved with the management and R&D of high tech
companies that were expanding rapidly and reinventing themselves to fit into an
evolving marketplace. He was President and CEO of a Web services and software
development company, V2 Commerce, from August 2000 to May 2001, and served for
13 years with the technology, research and development and manufacturing arm of
Ford Motor Company (Ford Aerospace), and ten years as a senior executive (as a
Vice President from 1997 to 2000) with Science Applications International
Corporation (SAIC) in San Diego. Mr. Nolan founded Blackthorn Group, a
management consulting company specializing in starting new company turnarounds,
and helping growth phase companies expand, diversify and become more profitable.

     Catherine Thompson.  Ms. Thompson has served as Chief Financial Officer and
Secretary and as a member of the Board of Directors since co-founding Ohana in
October 2002.  She co-founded in May 1995, and served as CFO and Secretary of
V2Commerce Corp., a software development company operating on the Application
Service Provider model.  From March 1997 to January 2000, Ms. Thompson was
employed by Genetronics, Inc. as a strategic analyst, where she identified a new
market opportunity for the company's dermatology product and worked closely with
the CEO to develop the strategic plan and to seek funding for a spin-off
company. Ms. Thompson also authored a business plan for Genetronic's oncology
business and provided analysis to secure a partnership with the Ethicon, Inc.
division of Johnson & Johnson.  Prior to Genetronic, she was employed for six
years as Controller of a retail/wholesale jewelry company with annual revenues
of $5 million.  Ms. Thompson has a Masters of Science degree in Finance from San
Diego State University and a Bachelors of Business Administration degree in
Finance from the University of Texas at Austin.  Ms. Thompson passed the CPA
exam in 1989.


                                       16
<PAGE>
     David Cronshaw. Mr. Cronshaw served as the Chief Technology Officer of
Ohana and as a member of the Board of Directors since its founding in October
2002. Mr. Cronshaw's professional career spans over 20 years. Mr. Cronshaw was
the CTO of the online entertainment division of Tribune Media Services, Zap2it.
Cronshaw conceptualized Zap2it under Tribune Media Services. Prior to Zap2it,
Mr. Cronshaw conceptualized and founded UltimateTV, a TV information company
where he was the VP of Engineering for 5 years before Tribune Media Services
purchased the company. He continued to manage the operations of UltimateTV
until, as a result of his efforts, Microsoft purchased the name and trademark in
May 2000 and converted it to a satellite-based entertainment service. He also
worked as an Engineer in Broadcast TV as well as an Engineer in the defense
industry at Delco Electronics from Mr. Cronshaw has a Bachelor of Science
Electrical/Computer Engineering degree from U.C. Santa Barbara.

     Michael Avatar. Mr. Avatar has served as a member of Ohana's Board of
Directors since October 2002. Over the past two decades, Mr. Avatar has founded
and presided over several publicly traded telecommunications, entertainment and
technology companies. Mr. Avatar, an entrepreneur and marketer, founded
Independent Entertainment Group, which owned Action Pay-Per-View and Night
Action Network, that were ultimately sold to BET (Black Entertainment
Television. He also served as Founder/President of System 800 International,
Inc., which was the original Service Bureau and the first value added reseller
of inbound 800 services, becoming the largest customer of MCI, Sprint and AT&T
in this new niche market.

     Rowan S. Campbell. Mr. Campbell has served as a member of Ohana's Board of
Directors since January 2001. He has worked in research for the Department of
Pathology, University of North Texas Health Science Center on projects including
FBI technical DNA analysis methodology validation, development of systems for
evidence capture for sexual assault, and studies on short tandem repeat (STR)
loci for use in US Combined DNA index systems. Mr. Campbell has a PhD. in
Biomedical Sciences from University of North Texas at Fort Worth. He also has a
Bachelor of Science degree in Zoology (1993) and a Bachelor of Science degree in
Biology (1995) from the University of Texas at Austin.


Committees of the Board of Directors

     Ohana currently has an Audit Committee. Michael Avatar serves as the Audit
Committee's sole member. The Audit Committee oversees the Company's financial
reporting processes and is responsible for reviewing the Company's financial
condition. Ohana does not currently have a Compensation Committee or any other
committee of the Board of Directors.

Compensation Committee Interlocks and Insider Participation

     Ohana did not have a Compensation Committee or any other committee of the
Board of Directors performing similar functions during the years ended
June 30, 2002 and 2001.  Mr. Gerard Nolan, our Chief Executive
Officer, participated in deliberations of the Board of Directors
relating to his compensation.


                                       17
<PAGE>
Section 16(a) Beneficial Reporting Compliance

     Section 16(a) of the Securities Exchange Act of 1934, as amended,
requires the Company's officers and Directors, and persons who own more than ten
percent of a class of our capital stock, to file reports of ownership
and changes in their ownership with the Securities and Exchange
Commission.  These persons are required to furnish the Company with copies of
all Section 16(a) forms they file.

     Based solely on a review of the copies of such forms received by the
Company, management believes that during the year ended June 30, 2003, all
required reports were timely filed.



ITEM  10.         EXECUTIVE COMPENSATION


     No executive officer of the Company received cash compensation in excess of
$100,000 during the years ended June 30, 2002 or 2003.

     Ohana's executive officers have entered into consulting agreements with the
Company.  The terms of these consulting agreements are as follows:

Nolan Consulting Agreement:  Ohana entered into a consulting agreement with
--------------------------
Gerard Nolan on December 18, 2002.  The consulting agreement engaged Mr. Nolan
to provide business consulting services to the Company, including management
consulting, strategic planning and business development services.  In
consideration for these services (provided and to be provided by December 31,
2002), the Company agreed to pay a total of $11,950 to Mr. Nolan through the
issuance of an aggregate of 3,983,651 shares of the Company's common stock.  By
an amendment dated January 3, 2003, Mr. Nolan agreed to provide these consulting
services through March 2003, for additional consideration of $15,000 per month.
No additional shares of common stock were issued.

Cronshaw Consulting Agreement:  Ohana entered into a consulting agreement with
-----------------------------
David Cronshaw on December 18, 2002.  The consulting agreement engaged Mr.
Cronshaw to provide business consulting services to the Company, including
product design, strategic planning and business development services.  In
consideration for these services (provided and to be provided by December 31,
2002), the Company agreed to pay a total of $7,125 to Mr. Cronshaw through the
issuance of an aggregate of 2, 202,675 shares of the Company's common stock.  By
an amendment dated January 3, 2003, Mr. Cronshaw agreed to provide these
consulting services through March 2003, for additional consideration of $9,167
per month.  No additional shares of common stock were issued.

Thompson Consulting Agreement:  Ohana entered into a consulting agreement with
-----------------------------
Catherine Thompson on December 18, 2002.  The consulting agreement engaged Ms.
Thompson to provide business consulting services to the Company, including
management consulting, strategic planning and financial management.  In
consideration for these services (provided and to be provided by December 31,
2002), the Company agreed to pay a total of $6,325 to Ms. Thompson through the
issuance of an aggregate of 2,108,333 shares of the Company's common stock.  By
an amendment dated January 3, 2003, Ms. Thompson agreed to provide these
consulting services through March 2003, for additional consideration of $9,167
per month.  No additional shares of common stock were issued.

     No stock options were granted during the years ended June 30, 2002 and
2003.  The Company does not currently have a stock option plan.


Compensation of Directors

     Michael Avatar was awarded 350,000 shares of restricted stock as
compensation for serving on the Board for the year ended June 30, 2003.


Limitation of Liability and Indemnification

     The Company's Certificate of Incorporation and By-laws provide for
indemnification of Ohana's officers and directors to the fullest extent
permissible under Delaware law.

     The Company currently does not have directors' and officers' liability
insurance to defend and indemnify directors and officers who are subject to
claims made against them for their actions and omissions as directors and
officers.  Ohana intends to purchase this insurance when funds are available.

     To the extent provisions of the Company's Certificate of Incorporation
provide for indemnification of directors for liabilities arising under the
Securities Act of 1933 or the Securities Exchange Act of 1934, those provisions
are, in the opinion of the Securities and Exchange Commission, against public
policy and therefore are unenforceable.


                                       18
<PAGE>
ITEM 11.     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED STOCKHOLDER MATTERS

     The following table sets forth information with respect to the beneficial
ownership of the Company's common stock as of September 27, 2003, by each person
or group of affiliated persons who management knows beneficially owned 5% or
more of Ohana's common stock, each of the Company's directors, and all of its
directors and executive officers as a group.

     Unless otherwise indicated in the footnotes to the table, the following
individuals have sole vesting and sole investment control with respect to the
shares they beneficially own.  The amount of shares owned by each shareholder in
the following table was calculated pursuant to Rule 13d-3(d) of the Exchange
Act.  Under Rule 13d-3(d), shares not outstanding which are subject to options,
warrants, rights or conversion privileges exercisable within 60 days are deemed
outstanding for the purpose of calculating the number and percentage owned by
each other person listed.  The total number of outstanding shares of common
stock at September 27, 2003, was 17,359,638.


                                   Number of Shares          Percentage of
                                     Beneficially             Outstanding
Name and Address(1)                     Owned                    Shares
-----------------------        --------------------------   -----------------

Gerard Nolan                          4,920,414                  27.55%


Catherine Thompson                    2,364,785                  13.24%


David Cronshaw                        2,636,186                  14.76%


Michael Avatar                          356,000                   1.99%


Rowan Campbell                              --                     --


Hudson Consulting                    11,257,268 (2)              63.04%
  Group Inc.
268 West 400 South
Salt Lake City, UT 84101

Comet Management Consulting           1,508,617                   8.45%
2769 West River Walk
  Circle, Unit L
Littleton, CO  80123

Isaac Simmons and                       937,300                   5.25%
  Kathryn Christmann

Interactive Ideas                       971,700                   5.44%
  Consulting Group

All
Officers and Directors as
a Group (five persons)               10,277,385                  59.20%
____________________
(1)     Unless otherwise stated, the address of all persons in the chart is c/o
Ohana Enterprises, Inc., 2899 Agoura Road, #168, Westlake Village, California
91361.
(2)     Hudson holds voting rights to these shares, held in escrow pursuant to a
Stock Pledge Agreement.


                                       19
<PAGE>
ITEM 12.     CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     The following describes transactions to which the Company was or is a party
and in which any of the Company's directors, officers, or significant
stockholders, or members of the immediate family of any of the foregoing
persons, had or has a direct or indirect material interest.

     The Company has entered into consulting agreements with Gerard Nolan, its
former Chief Executive Officer, Catherine Thompson, its Chief Financial Officer,
and David Cronshaw, its former Chief Technical Officer.  See "Item 10 -
Executive Compensation".



ITEM 13.    EXHIBITS AND REPORTS ON FORM 8-K

           (a)  Exhibits

            NUMBER  DESCRIPTION
            ------  -----------------------------------------------------
               2.1  Stock Purchase Agreement date August 27, 2002 by and among
                    Hudson Consulting Group, Inc., a Nevada corporation, and
                    each of Isaac P. Simmons, Kathryn A. Christmann, Gerard
                    Nolan, David Cronshaw, Interactive Ideas, Jonathan Thomas,
                    and Phillip Crawford (1)

               2.2  Stock Pledge Agreement date August 27, 2002 by and among
                    Hudson Consulting Group, Inc., a Nevada corporation
                    ("Secured Party"), and each of Isaac P. Simmons, Kathryn A.
                    Christmann, Gerard Nolan, David Cronshaw, Interactive Ideas,
                    Jonathan Thomas, and Phillip Crawford (each a "Pledgor" and
                    collectively "Pledgors"), and Silicon Valley Law Group, a
                    law corporation ("Pledgeholder")(1)

               2.3  Stock Purchase Agreement and Plan of Reorganization dated
                    August 27, 2002, by and among Torchmail Communications,
                    Inc., a Delaware corporation, Virtual Interviews, a Nevada
                    corporation, and each of the Shareholders of VI as listed on
                    the signature page (1)

               3.1  Articles of Incorporation of Torchmail Communications, Inc.
                    (2)

               3.2  Agreement of Merger of Erly Industries, Inc. into Torchmail
                    Communications, Inc. (3)

              10.01 Consulting Agreements, dated December 18, 2002 and January
                    3, 2003, respectively, by and between Gerard Nolan and the
                    Registrant. (4)

              10.02 Consulting Agreements, dated December 18, 2002 and January
                    3, 2003, respectively, by and between Catherine Thompson and
                    the Registrant. (4)

              10.03 Consulting Agreements, dated December 18, 2002 and January
                    3, 2003, respectively, by and between David Cronshaw and the
                    Registrant. (4)

              10.04 Amendment to Consulting Agreement Dated December 18, 2002,
                    By and Between Ohana Enterprises, Inc. and Gerard Nolan. (4)

              10.05 Amendment to Consulting Agreement Dated December 18, 2002,
                    By and Between Ohana Enterprises, Inc. and Catherine
                    Thompson. (4)

              10.06 Amendment to Consulting Agreement Dated December 18, 2002,
                    By and Between Ohana Enterprises, Inc. and David Cronshaw.
                    (4)

               99.1 Certification of Chief Financial Officer and Acting Chief
                    Executive Officer

               --------------------------
               (1)  Incorporated by reference to that certain Current Report or
                    Form 8-K filed with the Commission on October 31, 2002.
               (2)  Incorporated by reference from Form 14C filed 12/19/2000.
               (3)  Incorporated by reference from Form 10-QSB filed August 1,
                    2001.
               (4)  Incorporated by reference to that certain Registration
                    Statement on Form S-8 (File No. 333-106053) filed with the
                    Commission on June 12, 2003.

               (b)  Reports on Form 8-K

                    (1) On October 31, 2002, the Company filed a Current Report
                    on Form 8-K relating to Item 1, Changes in Control of
                    Registrant, and Item 2, Acquisition or Disposition of
                    Assets, pertaining to the acquisition of 100% of the
                    outstanding stock of Virtual Interviews. An amended Current
                    Report on Form 8-K/A relating to Item 7, Financial
                    Statements of Business Acquired and Pro Forma Financial
                    Information was filed on May 7, 2003.


                                       20
<PAGE>
                    (2) On March 14, 2003, the Company filed a Current Report on
                    Form 8-K relating to Item 5, Other Events, regarding a
                    dispute with Hudson Consulting Group, Inc.

                    (3) On April 8, 2003, the Company files a Current Report on
                    Form 8-K relating to Item 5, Other Events, regarding the
                    Quarterly Report filed on Form 10QSB for the nine months
                    ended on December 31, 2002 and the required forthcoming
                    amendment.

                    (4) On April 29, 2003, the Company filed an amended Current
                    Report on Form 8-K/A relating to Item 4, Change in
                    Certifying Accountant, in connection with the dismissal of
                    Jones Simkins, LLP and the engagement of Lucas, Horsfall,
                    Murphy, and Pindroh, LLP, as the Company's independent
                    public accountants.

                    (5) On September 9, 2003, the Company files a Current Report
                    on Form 8-K relating to Item 5, Other Events, regarding the
                    release of Gerard A. Nolan from his responsibilities as
                    President and CEO of both Ohana Enterprises and Visual
                    Interviews.

ITEM 14.    PRINCIPAL ACCOUNTANT FEES AND SERVICES

     For the fiscal years ended June 30, 2002 and 2003, the Company's
independent auditors billed an aggregate of $16,000 and $14,575, respectively,
for professional audit services rendered to the Company for the audit of the
Company's annual financial statements and review of quarterly financial
statements.  No tax or other services were provided by the independent auditors.


                                       21
<PAGE>
                                   SIGNATURES

        In accordance with Section 13 or 15(d) of the Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, on October 14, 2003.


OHAHA ENTERPRISES, INC.


  /s/ Catherine Thompson
------------------------
     Catherine Thompson
     Chief Financial Officer


                                POWER OF ATTORNEY

     Each person whose signature appears below authorizes Catherine Thompson to
execute in the name of each such person who is then an officer or director of
the registrant, and to file, any amendments to this Annual Report on Form 10-KSB
necessary or advisable to enable the registrant to comply with the Securities
Exchange Act of 1934 and any rules, regulations and requirements of the
Securities and Exchange Commission in respect thereof, which amendments may make
such changes in such Report as such attorney-in-fact may deem appropriate.

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


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

/s/ Catherine Thompson
----------------------
Catherine Thompson          Chief Financial Officer          October 14, 2003
                              And a Director

----------------------
David Cronshaw               Director               October 14, 2003


/s/ Michael Avatar
----------------------
Michael Avatar               Director               October 14, 2003


/s/ Rowan Campbell
----------------------
Rowan Campbell               Director               October 14, 2003


                                       22
<PAGE>
CERTIFICATION

        I, Catherine Thompson, certify that:

1.      I have reviewed this annual report on Form 10-KSB of Ohana Enterprises,
Inc.;

2.      Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

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

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

        a.      designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this annual report is
being prepared;

        b.      evaluated the effectiveness of the registrant's disclosure
controls and procedures as of a date within 90 days prior to the filing
date of this annual report (the "Evaluation Date"); and

        c.      presented in this annual report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;

5.      The registrant's other certifying officers and I have disclosed, based
on our most recent evaluation, to the registrant's auditors and the audit
committee of registrant's board of directors (or persons performing the
equivalent function):

        a.      All significant deficiencies in the design or operation of
        internal controls which could adversely affect the registrant's ability
to record, process, summarize and report financial data and have
identified for the registrant's auditors any material weaknesses in
internal controls; and

        b.      Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal
controls; and

6.      The registrant's other certifying officers and I have indicated in this
annual report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls subsequent
to the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

Date: October 14, 2003


    /s/ Catherine Thompson
        ------------------
        Catherine Thompson
        Chief Financial Officer


                                       34
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)

                        CONSOLIDATED FINANCIAL STATEMENTS

                                  June 30, 2003

                   (with Independent Auditors' Report Thereon)


<PAGE>
                   INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

                                                                          Pages
                                                                         -------

Independent Auditors' Report                                               F-1

Consolidated Balance Sheet                                                 F-2

Consolidated Statements of Operations                                      F-3

Consolidated Statements of Stockholders' Equity (Deficit)                  F-4

Consolidated Statements of Cash Flows                                      F-6

Notes to Consolidated Financial Statements                                 F-7


<PAGE>
                          INDEPENDENT AUDITORS' REPORT


To the Stockholders
Ohana Enterprises, Inc. and Subsidiary
Westlake Village, CA

We  have  audited  the  accompanying  consolidated  balance  sheet  of  Ohana
Enterprises,  Inc.  and Subsidiary (the "Company") (a Development Stage Company)
as  of  June  30,  2003  and  the related consolidated statements of operations,
stockholders'  equity  (deficit) and cash flows for each of the two years in the
period  ended  June 30, 2003 and from July 1, 2001 (inception) to June 30, 2003.
These  consolidated financial statements are the responsibility of the Company's
management.  Our  responsibility  is to express an opinion on these consolidated
financial  statements  based  on  our  audits.

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

In  our opinion, the financial statements referenced to above present fairly, in
all  material respects, the consolidated financial position of the Company as of
June  30,  2003,  and the results of their operations and cash flows for each of
the  two years in the period then ended and from July 1,2001 (inception) to June
30,  2003,  in  conformity  with accounting principles generally accepted in the
United  States  of  America.

The  accompanying  consolidated financial statements have been prepared assuming
that the Company will continue as a going concern.  As shown in the consolidated
financial  statements,  the  Company  incurred a net loss of $716,495 during the
year  ended  June  30,  2003, and as of that date, had an accumulated deficit of
$769,973.  As  described in Note 6 to the consolidated financial statements, the
Company's  management  is attempting to raise additional capital through various
means,  the  success  of which is uncertain.  Thus, the condition of the Company
raises  substantial doubt about its ability to continue as a going concern.  The
consolidated  financial  statements  do  not  include any adjustments that might
result  from  the  outcome  of  this  uncertainty.


/s/ Lucas, Norsfall, Murphy, and Pindrak, LLP
Pasadena, California
September 9, 2003


                                                                            F-1
<PAGE>
<TABLE>
<CAPTION>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                           Consolidated Balance Sheet
                                  June 30, 2003


                                     ASSETS
<S>                                                              <C>
CURRENT ASSETS
  Cash                                                           $  25,190
  Prepaids                                                          93,300
                                                                 ----------

      Total Current Assets                                         118,490
                                                                 ----------

TOTAL ASSETS                                                     $ 118,490
                                                                 ==========



                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Accounts payable and accrued liabilities                       $  86,103
  Related party payables                                           148,147
                                                                 ----------

      Total Current Liabilities                                    234,250
                                                                 ----------

LONG-TERM LIABILITIES                                              200,000
                                                                 ----------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, $0.001 par value, 250,000,000 authorized,
    16,629,638 issued and outstanding                               16,630
  Additional paid-in-capital                                       489,323
  Stock subscriptions receivable                                   (51,740)
  Accumulated deficit in the development stage                    (769,973)
                                                                 ----------

      Total Stockholders' Equity (Deficit)                        (315,760)
                                                                 ----------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)             $ 118,490
                                                                 ==========
</TABLE>


          See accompanying notes to consolidated financial statements.


                                                                             F-2
<PAGE>
<TABLE>
<CAPTION>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                      Consolidated Statements of Operations
            For the Years Ended June 30, 2003 and 2002 and the period
                          July 1, 2001 to June 30, 2003



                                                                                    July 1, 2001
                                                                                   (inception) to
                                                            2003         2002       June 30, 2003
                                                        ------------  -----------  ---------------
<S>                                                     <C>           <C>          <C>
General and Administrative Expenses                     $   516,495   $   53,478   $      569,973
                                                        ------------  -----------  ---------------

Loss from Operations                                       (516,495)     (53,478)        (569,973)

Provision for loss on related parties notes receivable     (200,000)           -         (200,000)
                                                        ------------  -----------  ---------------

  Net Loss                                              $  (716,495)  $  (53,478)  $     (769,973)
                                                        ============  ===========  ===============

  Basic and Diluted Weighted Average Number
    of common shares outstanding                         10,946,102    5,112,391
                                                        ============  ===========

  Net Loss Per Common Share
    Basic and Diluted                                   $     (0.07)  $    (0.01)
                                                        ============  ===========
</TABLE>


          See accompanying notes to consolidated financial statements.


                                                                             F-3
<PAGE>
<TABLE>
<CAPTION>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
            Consolidated Statements of Stockholders' Equity (Deficit)

                                                        Additional     Stock
                                        No. of           Paid-in-  Subscription Accumulated
                                        Shares  Amount   Capital    Receivable   (Deficit)     Total
                                        ------  -------  --------  ------------  ----------  ---------
<S>                                     <C>     <C>      <C>       <C>           <C>         <C>
Balances at July 1, 2001                     -  $     -  $      -  $         -   $       -   $      -

Issuance of Common Stock for Services:
  November 30, 2001 at $0.30 per share  69,667       70    21,087            -           -     21,157
  May 31, 2002 at $0.30 per share       18,345       19     5,484            -           -      5,503
  June 30, 2002 at $0.30 per share       3,000        3       897            -           -        900

Sale of Common Stock
  November 30, 2001 at $0.30 per share   2,833        3       847         (850)          -          -

Net Loss                                     -        -         -            -     (53,478)   (53,478)
                                        ------  -------  --------  ------------  ----------  ---------

Balances at June 30, 2002               93,845  $    95  $ 28,315  $      (850)  $ (53,478)  $(25,918)
                                        ======  =======  ========  ============  ==========  =========
</TABLE>
                                Continued on F-5


          See accompanying notes to consolidated financial statements.


                                                                             F-4
<PAGE>
<TABLE>
<CAPTION>
                                  Ohana Enterprises, Inc. and Subsidiary
                                       (A Development Stage Company)
                    Consolidated Statements of Stockholders' Equity (Deficit) (Continued)



                                                            Additional      Stock
                                          No. of              Paid-in-   Subscription Accumulated
                                          Shares    Amount    Capital     Receivable   (Deficit)     Total
                                        ----------  -------  ---------  ------------  ----------  ----------
<S>                                     <C>         <C>      <C>        <C>           <C>         <C>
Balances at June 30, 2002                   93,845  $    95  $ 28,315   $      (850)  $ (53,478)  $ (25,918)

Issuance of Common Stock for Services:
  October 7, 2002 at $0.30 per share         2,400        2       718             -           -         720
  October 7, 2002 at $0.003 per share    9,216,667    9,217    18,433             -           -      27,650
  November 21, 2002 at $0.06 per share     800,000      800    49,200             -           -      50,000
  January 28, 2003 at $0.10 per share    1,000,000    1,000    99,000             -           -     100,000
  March 14, 2003 at $0.13  per share       800,000      800    99,200             -           -     100,000
  March 19, 2003 at $0.15 per share        300,000      300    44,700             -           -      45,000
  March 24, 2003 at $0.15 per share        100,000      100    14,900             -           -      15,000
  June 27, 2003 at $0.50 per share          50,000       50    24,950             -           -      25,000

Issuance of Common Stock for
  Assumption of Payables
    October 7, 2002 at $0.02 per share      71,631       72     1,361             -           -       1,433

Issuance of Common Stock for
  Subscription Receivable
  April 23, 2003 at $0.20 per share,
  net of offering cost of $6,604           471,720      472    87,268       (87,740)          -           -

Payment Received on Subscription
  Receivable
  June 18, 2003                                  -        -         -        36,000           -      36,000

Effect of Merger
  October 18, 2002                       3,523,375    3,522    (3,522)            -           -           -

Sale of Common Stock
  January 21, 2003 at $.125 per share      200,000      200    24,800             -           -      25,000

Payment on Related Party Subscription
  Receivable, December 31, 2002                  -        -         -           850           -         850

Net Loss                                         -        -         -             -    (716,495)   (716,495)
                                        ----------  -------  ---------  ------------  ----------  ----------

Balances at June 30, 2003               16,629,638  $16,630  $489,323   $   (51,740)  $(769,973)  $(315,760)
                                        ==========  =======  =========  ============  ==========  ==========
</TABLE>


          See accompanying notes to consolidated financial statements.


                                                                             F-5
<PAGE>
<TABLE>
<CAPTION>
                              Ohana Enterprises, Inc. and Subsidiary
                                  (A Development Stage Company)
                              Consolidated Statements of Cash Flows
                     For the Years Ended June 30, 2003 and 2002 and the Period
                          from July 1, 2001 (inception) to June 30, 2003


                                                                                    July 1, 2001
                                                                                   (inception) to
CASH FLOWS FROM OPERATING ACTIVITIES                          2003       2002      June 30, 2003
                                                           ----------  ---------  ----------------
<S>                                                        <C>         <C>        <C>
  Net Loss                                                 $(716,495)  $(53,478)  $      (769,973)
  Adjustments to Reconcile Net Income to Net Cash Used by
    operating activities
  Non-cash adjustments
    Effect of merger                                         (27,717)         -           (27,717)
    Provision for loss on receivable received in merger      200,000          -           200,000
    Common stock issued for services                         313,370     27,560           340,930
  Changes in:
    Prepaids                                                 (13,300)         -           (13,300)
    Accounts payable and accrued liabilities                  60,185     25,918            86,103
    Related party payables                                   148,147          -           148,147
                                                           ----------  ---------  ----------------

      NET CASH USED BY OPERATING ACTIVITIES                  (35,810)         -           (35,810)
                                                           ----------  ---------  ----------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from sale of Common Stock                          25,000          -            25,000
  Payment received on subscription receivable                 39,102          -            39,102
  Offering costs                                              (3,102)         -            (3,102)
                                                           ----------  ---------  ----------------

      NET CASH PROVIDED BY FINANCING ACTIVITIES               61,000          -            61,000
                                                           ----------  ---------  ----------------

NET CHANGE IN CASH                                            25,190          -            25,190

CASH, beginning of year                                            -          -                 -
                                                           ----------  ---------  ----------------

CASH, end of year                                          $  25,190   $      -   $        25,190
                                                           ==========  =========  ================

SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING ACTIVITIES:
    Stock issued for services                              $ 363,370   $ 27,560   $       390,930
                                                           ==========  =========  ================
</TABLE>


          See accompanying notes to consolidated financial statements.


                                                                             F-6
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                   Notes to Consolidated Financial Statements


1.     NATURE OF THE BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization and Business
-------------------------

Ohana  Enterprises,  Inc.  and  Subsidiary,  a  Delaware  corporation, is in the
development  stage, as defined in Financial Accounting Standards Board Statement
No.  7.  The  Company's  year  end  is  June  30.

Ohana  Enterprises  will provide services and products within the market segment
of  human  resource  professional  services  and  outsourcing.  The Company will
provide  employers,  recruiters  and  search  firms  the  tools  and services to
facilitate the initial screening and skills assessment of job candidates.  Ohana
Enterprises  will  conduct  the  candidate  interview at one of its professional
office locations, capture the interview on video, and stream it to the client on
demand  over  a  secure private intranet.  Candidate interviews will be archived
for  client  review.  Human  Resource Managers will be able to designate viewing
permissions  to  other  hiring  managers within the organization.  The Company's
service will be targeted at the professional, managerial, and specialized hiring
needs  of  Global  2000  companies  and  private  industry.  The service will be
distributed  directly  through  the Ohana Enterprises sales force and indirectly
through  distribution  partners  such  as  recruiting  agencies  and  executive
outplacement  firms.

Business Recapitalization and Restatement
-----------------------------------------

On October 18, 2002, all of the outstanding capital stock of Virtual Interviews,
Inc.  was  acquired by Torchmail Communications, Inc. (Torchmail). In connection
with  this  transaction,  all  of  the outstanding shares of Virtual Interviews,
Inc.,  were  exchanged  for  93,845  shares  of  Torchmail with Torchmail as the
surviving  corporation,  which  changed  its name to Ohana Enterprises, Inc. The
acquisition  has been treated as a reverse acquisition and a recapitalization of
Ohana  Enterprises,  Inc.  for  accounting  and  financial  statement  reporting
purposes.  The  Company's  operating  subsidiary  has  since changed its name to
Visual  Interviews,  Inc.

Principles of Consolidation
---------------------------

The consolidated financial statements include the accounts of Ohana Enterprises,
Inc.  and  its  wholly owned subsidiary.  Significant intercompany accounts have
been  eliminated.

Revenue Recognition
-------------------

Service revenue is recognized ratably over the contractual period or as services
are  performed.  An  initial setup fee will be charged and will be recognized as
revenue  ratably  over  the  period  for which the services are provided.   When
other  significant  obligations  remain after services are delivered, revenue is
recognized  only  after  such  obligations  are  fulfilled.

Advertising Costs
-----------------

Advertising and promotion costs are expensed as incurred.

Research and Development
------------------------

Research and development expenditures are charged to operations as incurred.


                                                                            F-7
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                   Notes to Consolidated Financial Statements


1.   NATURE OF THE BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
     (Continued)

Stock Based Compensation
------------------------

In  December  2002  the  FASB  issued  SFAS  No. 148, Accounting for Stock-Based
Compensation-Transition  and  Disclosure-an  amendment  of  SFAS  No. 123.  This
Statement amends SFAS No. 123 to provide alternative methods of transition for a
voluntary  change  to  the fair value based method of accounting for stock-based
employee  compensation  from  the  intrinsic  value  based  method of accounting
prescribed  by  APB  No.  25.  In addition, this Statement amends the disclosure
requirements of SFAS No. 123 to require prominent disclosures in both annual and
interim  financial  statements  about  the  method of accounting for stock-based
employee  compensation  and  the  effect of the method used on reported results.
Under  the  provisions  of  SFAS  No.  148,  companies  that choose to adopt the
accounting  provisions  of  SFAS  No. 123 will be permitted to select from three
transition  methods:  Prospective  method,  Modified  Prospective  method  and
Retroactive Restatement method.  The transition and annual disclosure provisions
of  SFAS  No.  148  are effective for the fiscal years ending after December 15,
2002.  The  Company  has  reviewed  SFAS  148  and  its  adoption did not have a
material  effect  on  its  consolidated  financial  statements.

Valuation of the Company's Common Stock
---------------------------------------

Unless  otherwise  disclosed,  all  stock based transactions entered into by the
Company  have  been valued at fair value of the consideration received or at the
market  value  of  the  Company's  common  stock on the date the transaction was
entered  into.

Stock  Split
------------

The  board  of  directors  declared  a  one  hundred-to-one  reverse stock split
effective  October  7,  2002.  All  per-share  amount  and  number  of  shares
outstanding  in  this  report  have  been  restated  retroactively.

Earnings (Loss) Per Share
-------------------------

Basic  earnings  (loss)  per  share  excludes  any  dilutive effects of options,
warrants  and  convertible  securities.  Basic  earnings  (loss)  per  share  is
computed  using  the weighted-average number of common shares outstanding during
the  period.  Diluted  earnings per share is computed using the weighted-average
number  of  common  and  common  stock  equivalent shares outstanding during the
period.  Common  equivalent  shares  are  excluded from the computation if their
effect  is  antidilutive. Currently no common stock equivalents are outstanding.

Fair  Value  of  Financial  Instruments
---------------------------------------

The  carrying  amounts  of  cash, prepaid expenses, and accounts payable payable
approximate  fair  value  because  of  the  short  maturity  of  these  items.

Statement of Cash Flows
-----------------------

For the purpose of the statement of cash flows, cash includes amounts "on-hand"
and amounts deposited with financial institutions.


                                                                            F-8
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                   Notes to Consolidated Financial Statements

1.   NATURE OF THE BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
     (Continued)

Use of Estimates in Preparation of Financial Statements
-------------------------------------------------------

Management  of  the  Company  has  made  a  number  of estimates and assumptions
relating  to  the  reporting  of  assets,  liabilities,  revenue,  expenses  and
disclosure  of  contingent  assets  and  liabilities  to prepare these financial
statements  in  accordance  with accounting principles generally accepted in the
United  States  of  America.  Accordingly,  actual results may differ from those
estimates.

Recently Issued Accounting Pronouncements
-----------------------------------------

In  April  2002, the FASB issued SFAS No. 145, Rescission of FASB Statements No.
4,  44,  and  64,  Amendment of SFAS Statement No. 13, and Technical Corrections
("SFAS  145").  This statement rescinds the requirement in SFAS No. 4, Reporting
Gains  and Losses from Extinguishment of Debt, that material gains and losses on
the extinguishment of debt be treated as extraordinary items. The statement also
amends SFAS No. 13, Accounting for Leases, to eliminate an inconsistency between
the  accounting  for  sale-leaseback transactions and the accounting for certain
lease   modifications   that  have   economic   effects   that  are  similar  to
sale-leaseback   transactions.   The   standard   makes  a  number  of
consequential and other technical corrections to other standards. The provisions
of  the  statement relating to the rescission of SFAS 4 are effective for fiscal
years beginning after May 15, 2002.  Provisions of the statement relating to the
amendment of SFAS 13 are effective for transactions occurring after May 15, 2002
and the other provisions of the statement are effective for financial statements
issued  on  or  after  May  15, 2002.  The Company has reviewed SFAS 145 and its
adoption  did  not  have  a  material  effect  on  its  consolidated  financial
statements.

In  July  2002,  the  FASB  issued SFAS No. 146, Accounting for Exit or Disposal
Activities  ("SFAS  146").  SFAS  146  applies  to costs associated with an exit
activity  (including  restructuring)  or  with  a disposal of long-lived assets.
Those  activities can include eliminating or reducing product lines, terminating
employees and contracts, and relocating plant facilities or personnel.  SFAS 146
will  require  a  Company  to  disclose  information about its exit and disposal
activities,  the  related  costs, and changes in those costs in the notes to the
interim and annual financial statements that include the period in which an exit
activity  is  initiated  and  in  any  subsequent  period  until the activity is
completed.  SFAS  146  supersedes  Emerging  Issues  Task  Force Issue No. 94-3,
Liability  Recognition  for Certain  Employee  Termination  Benefits  and  Other
Costs  to  Exit  an  Activity  (including  Certain  Costs  Incurred  in  a
Restructuring),  and  requires  liabilities  associated  with  exit and disposal
activities  to  be expensed as incurred and can be measured at fair value.  SFAS
146  is  effective prospectively for exit or disposal activities initiated after
December  31,  2002, with earlier adoption encouraged.  The Company has reviewed
SFAS  146  and  its  adoption did not have a material effect on its consolidated
financial  statements.

2.   SUBSCRIPTION  RECEIVABLES

On  or  about  April 23, 2003, the Company entered into a subscription agreement
with  an  underwriter.  The  agreement was for the underwriter to sell 1,500,000
shares  at  $0.20  per  share.  The  underwriter sold 221,590 shares on June 10,
2003.  The  agreement includes a commission to be received by the underwriter in
return  for  selling  the  shares.  See  note  8.  -  SUBSEQUENT  EVENTS.


                                                                            F-9
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                   Notes to Consolidated Financial Statements

3.   INCOME  TAXES

Income  taxes are provided pursuant to SFAS No. 109 Accounting for Income Taxes.
This statement requires the use of an asset and liability approach for financial
reporting  for income taxes.  If it is more likely than not that some portion or
all  of  a  deferred  tax  asset  will not be realized, a valuation allowance is
recognized.  Accordingly,  as  the realization and use of the net operating loss
carryforward  is  not  probable  at  June  30, 2003, the tax benefit of the loss
carryforward  is  offset  by  a  valuation  allowance  of  the  same  amount.

The  composition  of  the  Company's  deferred tax assets and the tax effects of
temporary differences and carryforwards that give rise to deferred assets are as
follows:

Deferred tax assets:
  Net operating loss carryforwards     $  178,764
                                       -----------

  Gross deferred tax assets               178,764
  Valuation allowance                    (178,764)
                                       -----------

Net deferred tax assets                $     -
                                       ===========

The components of deferred income tax expense (benefit) were as follows:

Temporary differences:
  Net operating loss carryforward      $  166,796
  Increase in valuation allowance        (166,796)
                                       -----------

                                       $     -
                                       ===========

No provision for income taxes has been recorded for the periods ended June 30,
2003 and 2002, as the Company has incurred losses during those periods.

The  Company  has  approximately  $769,000  of  federal  and  state  net  loss
carryforwards  available  to  reduce  future  federal tax liabilities which will
begin  to  expire  in  2022  and  2013,  respectively.

4.   RELATED  PARTY  PAYABLES

The Company owes a total of $148,147 to management as reimbursement for expenses
incurred  during  the  development  phase of operations.  These are non-interest
bearing  obligations  of  the  Company.

5.   MANAGEMENT  EMPLOYMENT  CONTRACTS

The  Company,  from time to time, enters into consulting agreements with members
of  Company  management.  The  total amount due under these contracts as of June
30,  2003  is  $100,000.


                                                                            F-10
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                   Notes to Consolidated Financial Statements


6.   GOING  CONCERN  AND  MANAGEMENT  PLANS

The  Company has not had any revenues and has experienced operating losses since
inception primarily caused by its continued development and marketing costs.  As
shown  in the accompanying financial statements, the Company incurred a net loss
of  $716,495  for  the  year  ended June 30, 2003 and as of June 30, 2003 has an
accumulated  deficit of $769,973.  Those factors create an uncertainty and raise
substantial  doubt  about  the Company's ability to continue as a going concern.
Management  of  the  Company  intends  to  pursue  various  means  of  obtaining
additional  capital.  The  financial  statements  do not include any adjustments
that might be necessary if the Company is unable to continue as a going concern.
Continuation  of  the  Company  as  a  going concern is dependent on the Company
continuing  to  raise  capital,  developing  significant revenues and ultimately
attaining  profitable  operations.

The  Company  is currently devoting its efforts to raising capital and to second
generation  development  of the Visual Interviews service.  Visual Interviews is
seeking  potential  partners  to  enter  into  strategic  alliances  for  sales,
distributions  and  customer  service.  The  Company  has  identified  one  such
partner,  and  is finalizing the terms of the agreement (See note 8. "Subsequent
Events").  This  relationship  would  benefit  Visual  Interviews  through  the
acceleration  of  product  deployment  and  the  minimization  of  initial  cost
outlays.

Visual  Interviews  has  initialized  the  design  of  software  requirements
specifications  for  a  second  generation product with a third party developer.
Other  efforts are focused on building the Visual Interviews' Board of Directors
and Advisors in an attempt to bring additional experience and industry expertise
to  the  Company.

7.   LITIGATION

A  complaint was filed in connection with the purchase and sale of securities in
the public shell corporation, Torchmail Communications, Inc., the predecessor of
the corporation.  The complaint seeks damages of $200,000, plus attorneys' fees,
costs  and unspecified punitive damages.  Management is of the opinion that they
have  meritorious  defenses  against  this  legal  action.

8.   SUBSEQUENT  EVENTS

Subscription  Receivable
------------------------

Subsequent to year-end the underwriter sold an additional 250,130 shares on July
3,  2003.  The  underwriter  contract  expired  on July 23, 2003, with 1,028,280
remaining  shares  to be sold.  As of the expiration of the contract, the unpaid
balance  from  the  underwriter  is $11,740.  The remaining unsold shares wil be
returned  to  the  Company  by  the  underwriter.

Strategic  Alliance
-------------------

On  August  5,  2003,  the  Company executed a strategic alliance agreement with
Osprey  Capital  LLC  ("Osprey").  Osprey  will  provide  strategic  input  and
facilities  in  which  Ohana's  wholly-owned  subsidiary, Visual Interviews, can
develop  and  market  its  streaming  video solution for interviews conducted by
organizations.


                                                                            F-11
<PAGE>
                     Ohana Enterprises, Inc. and Subsidiary
                          (A Development Stage Company)
                   Notes to Consolidated Financial Statements


8.   SUBSEQUENT  EVENTS  (Continued)

Under  the  terms  and  conditions  of  the  agreement,  Osprey  will  become  a
substantial  equity  holder  of  Ohana.  In  return,  Osprey will advise Ohana's
management  on  funding  and other strategic initiatives including the targeting
and  procurement  of  customers.  The  following milestones in the contract will
provide  for  stock  issuance  to  Osprey  in accordance with article two of the
contract:


             Activity                  Number of shares
----------------------------------     ----------------
Account Capture                               8,200,000
Product Development                           1,000,000
Office locations                              1,000,000
                                            -----------

                                             10,200,000
                                            ===========

The  value  of the stock issued will be value at fair value of the consideration
received  or  at  the market value of the Company's common stock on the date the
milestones  was  met.


                                                                            F-12
<PAGE>
ITEM 13.    EXHIBITS AND REPORTS ON FORM 8-K

           (a)  Exhibits

            NUMBER  DESCRIPTION
            ------  -----------------------------------------------------
               2.1  Stock Purchase Agreement date August 27, 2002 by and among
                    Hudson Consulting Group, Inc., a Nevada corporation, and
                    each of Isaac P. Simmons, Kathryn A. Christmann, Gerard
                    Nolan, David Cronshaw, Interactive Ideas, Jonathan Thomas,
                    and Phillip Crawford (1)

               2.2  Stock Pledge Agreement date August 27, 2002 by and among
                    Hudson Consulting Group, Inc., a Nevada corporation
                    ("Secured Party"), and each of Isaac P. Simmons, Kathryn A.
                    Christmann, Gerard Nolan, David Cronshaw, Interactive Ideas,
                    Jonathan Thomas, and Phillip Crawford (each a "Pledgor" and
                    collectively "Pledgors"), and Silicon Valley Law Group, a
                    law corporation ("Pledgeholder") (1)

               2.3  Stock Purchase Agreement and Plan of Reorganization dated
                    August 27, 2002, by and among Torchmail Communications,
                    Inc., a Delaware corporation, Virtual Interviews, a Nevada
                    corporation, and each of the Shareholders of VI as listed on
                    the signature page (1)

               3.1  Articles of Incorporation of Torchmail Communications, Inc.
                    (2)

               3.2  Agreement of Merger of Erly Industries, Inc. into Torchmail
                    Communications, Inc. (3)

               10.01 Consulting Agreements, dated December 18, 2002 and Januaray
                    3, 2003, respectively, by and between Gerard Nolan and the
                    Registrant. (4)

               10.02 Consulting Agreements, dated December 18, 2002 and Januaray
                    3, 2003, respectively, by and between Catherine Thompson and
                    the Registrant. (4)

               10.03 Consulting Agreements, dated December 18, 2002 and Januaray
                    3, 2003, respectively, by and between David Cronshaw and the
                    Registrant. (4)

               10.04 Amendment to Consulting Agreement Dated December 18, 2002,
                    By and Between Ohana Enterprises, Inc. and Gerard Nolan. (4)

               10.05 Amendment to Consulting Agreement Dated December 18, 2002,
                    By and Between Ohana Enterprises, Inc. and Catherine
                    Thompson. (4)

               10.06 Amendment to Consulting Agreement Dated December 18, 2002,
                    By and Between Ohana Enterprises, Inc. and David Cronshaw.
                    (4)

               99.1 Certification of Chief Financial Officer and Acting Chief
                    Executive Officer

               --------------------------
               (1)  Incorporated by reference to that certain Current Report or
                    Form 8-K filed with the Commission on October 31, 2002.
               (2)  Incorporated by reference from Form 14C filed 12/19/2000.
               (3)  Incorporated by reference from Form 10-QSB filed August 1,
                    2001.
               (4)  Incorporated by reference to that certain Registration
                    Statement on Form S-8 (File No. 333-106053) filed with the
                    Commission on June 12, 2003.

<PAGE>