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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549
   FORM 10-QSB QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2004 Commission File Number 0-49827    Wiltex A, Inc.   Nevada
(State or Other Jurisdiction of
Incorporation or Organization)
    
    43-1954076
(I.R.S. Employer
Identification No.)
 1191Woodstock, Suite #5, Estes Park, Colorado
(Address of Principal Executive Offices)
    
    80517
(Zip Code)
 970-577-0716
(Registrants Telephone Number, Including Area Code)    Indicate by check mark whether the Registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes x No o There were 5,040,000 shares of Common Stock outstanding as of June 30, 2004.




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WILTEX A, INC. INDEX  
 PageFinancial Information
    
    
    3Financial StatementsBalance Sheets of the Company
at June 30, 2004 and March 31, 2004
    
    
    3Statements of Operations for the three months ended
December 31, 2003 and 2002
    
    
    4Statements of Operations from April 16,2002 (inception) to December
31, 2002 and for the nine months ended December 31, 2003
    
    
    5Statement of Stockholders Deficit from April 16, 2002 (inception) to
March 31, 2003 and for the nine months ended December 31, 2003
    
    
    6Statement of Cash Flows from April 16, 2002 (inception) to
December 31, 2002 and for the nine months ended December 31, 2003
    
    
    7Note to Financial Statement
    
    
    8Certification Pursuant to Section 302Certification Pursuant to Section 302CertificationCertification
  2




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WILTEX A, INC. BALANCE SHEETS ASSETS June 30,
    
    March 31,2004
    
    2004(Audited)
    
    (Unaudited)CURRENT ASSETSCash and Cash Equivalents
    
    $
    918
    
    
    $
    808TOTAL ASSETS
    
    $
    918
    
    
    $
    808LIABILITIES AND STOCKHOLDERS DEFICITCURRENT LIABILITIESAccounts Payable
    
    $
    5,450
    
    
    $
    11,655TOTAL CURRENT LIABILITIES
    
    
    5,450
    
    
    
    11,655STOCKHOLDERS DEFICITCommon Stock, $0.0001 Par Value, Authorized 100,000,000
Shares, Issued and Outstanding 5,040,000
    
    
    504
    
    
    
    504Additional Paid-In Capital
    
    
    517
    
    
    
    517Retained (Deficit)
    
    
    (5,553
    )
    
    
    (11,868
    )TOTAL STOCKHOLDERS DEFICIT
    
    
    (4,532
    )
    
    
    (10,847
    )TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT
    
    $
    918
    
    
    $
    808
 The accompanying note is an integral part of these
financial statements 3




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WILTEX A, INC. STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2004 AND 2003 (UNAUDITED) 2004
    
    2003General and Administrative Expenses
    
    $
    1,552
    
    
    $
    20LOSS BEFORE INCOME TAX
    
    
    (1,552
    )
    
    
    (20
    )Income Tax Benefit
    
    
    
    
    
    
    NET LOSS
    
    $
    (1,552
    )
    
    $
    (20
    )Net Loss Per Share
    
    $
    0.00
    
    
    $
    0.00Weighed Average Number of Common
Shares Outstanding
    
    
    5,040,000
    
    
    
    5,040,000
 The accompanying note is an integral part of these
financial statements 4




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WILTEX A, INC. STATEMENTS OF OPERATIONS FROM APRIL 16, 2002 (INCEPTION) TO JUNE 30, 2004 AND FOR THE NINE MONTHS ENDED JUNE 30, 2004 (UNAUDITED) 2004
    
    2003General and Administrative Expenses
    
    $
    6,315
    
    
    $
    81LOSS BEFORE INCOME TAX
    
    
    (6,315
    )
    
    
    (81
    )Income Tax Benefit
    
    
    
    
    
    
    NET LOSS
    
    $
    (6,315
    )
    
    $
    (81
    )Net Loss Per Share
    
    $
    0.00
    
    
    $
    0.00Weighed Average Number of Common
Shares Outstanding
    
    
    5,040,000
    
    
    
    5,040,000
 The accompanying note is an integral part of these
financial statements 5




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WILTEX A, INC. STATEMENT OF STOCKHOLDERS DEFICIT FROM APRIL 16, 2002 (INCEPTION) TO JUNE 30, 2004 AND FOR THE NINE MONTHS ENDED JUNE 30, 2004 Number of
    
    
    
    
    
    AdditionalCommon
    
    
    
    
    
    Paid In
    
    RetainedShares
    
    Par Value
    
    Capital
    
    Deficit
    
    TotalSale of 5,040,000 Shares of
Common Stock
    
    
    5,040,000
    
    
    $
    504
    
    
    $
    496
    
    
    $
    
    
    
    $
    1,000Stockholder Contribution
    
    
    
    
    
    
    
    
    
    
    21
    
    
    
    
    
    
    
    21Net Loss, June 30, 2004
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (5,553
    )
    
    
    (5,553
    )Balance, March 31, 2003 (Audited)
    
    
    5,040,000
    
    
    
    504
    
    
    
    517
    
    
    
    (5,553
    )
    
    
    (4,532
    )Net Loss, December 31, 2003 (Unaudited)
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (6,315
    )
    
    
    (6,315
    )Balance, June 30, 2004
(Unaudited)
    
    
    5,040,000
    
    
    $
    504
    
    
    $
    517
    
    
    $
    (11,868
    )
    
    $
    (10,847
    )
 The accompanying note is an integral part of these
financial statements 6




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WILTEX A, INC. STATEMENT OF CASH FLOWS FROM APRIL 16, 2002 (INCEPTION) TO JUNE 30, 2004 AND FOR THE NINE MONTHS ENDED JUNE 30, 2004 (UNAUDITED) 2004
    
    2003CASH FLOW FROM OPERATING ACTIVITIESNet Loss
    
    $
    (6,315
    )
    
    $
    (81
    )Change in Current LiabilitiesAccounts Payable
    
    
    6,205
    
    
    
    NET CASH USED BY OPERATING ACTIVITIES
    
    
    (110
    )
    
    
    (81
    )CASH FLOW FROM FINANCING ACTIVITIESSale of Common Stock
    
    
    
    
    
    
    1,000Stockholder Contribution
    
    
    
    
    
    
    21NET CASH PROVIDED BY FINANCING ACTIVITIES
    
    
    
    
    
    
    1,021NET (DECREASE) INCREASE IN CASH
    
    
    (110
    )
    
    
    940BALANCE AT BEGINNING OF PERIOD
    
    
    918
    
    
    
    BALANCE AT END OF PERIOD
    
    $
    808
    
    
    $
    940
 The accompanying note is an integral part of these
financial statements 7




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WILTEX A, INC. NOTE TO FINANCIAL STATEMENT JUNE 30, 2004 (UNAUDITED) NOTE 1: BASIS OF PRESENTATION The accompanying unaudited financial statements have been prepared in
accordance with generally accepted accounting principals for interim financial
information and with the instructions to Form 10-Q and Rule 10-01 of
Regulations S-X. They do not include all information and notes required by
generally accepted accounting principals for complete financial statements.
However, except as disclosed, there has been no material change in the
information disclosed in the notes to the financial statements included in the
Form 10-KSB filing of Wiltex A, Inc., as of March 31, 2003. In the opinion of
management, all adjustments (consisting of normal recurring accruals)
considered necessary for a fair presentation have been included. Operating
results for the nine months ended December 31, 2003, are not necessarily
indicative of the results that may be expected for the year ending June 30,
2004. 8




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WILTEX A, INC. ITEM 2  MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS FOR THE PERIOD ENDED JUNE 30, 2004 For the quarter ended June 30, 2004, the Company has not identified a merger
candidate and has only incurred administrative costs, primarily professional
and accounting fees. Forward Looking Statement This Quarterly Report on Form 10-Q contains certain forward looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. In this
report, as well as in oral statements made by the Company, statements that are
prefaced with the words may, will, expect, anticipate, believe,
continue, estimate, project, intend, designed and similar expressions
are intended to identify forward-looking statements regarding events,
conditions and financial trends that may affect the Companys future plans,
business strategy, results of operations, financing activities and financial
position. These statements are based on the Companys current expectations and
estimates as to prospective events and circumstances about which the Company
can give no firm assurance. Further, any forward-looking statement speaks only
as of the date the statement was made, and the Company undertakes no obligation
to update any forward-looking statement to reflect events or circumstances
after the date the statement was made. Because it is not possible to predict
every new factor that may emerge, forward-looking statements should not be
relied upon as a prediction of actual future financial condition or results.
Examples of types of forward looking statements include statements on future
levels of net revenue and cash flow, new product development, strategic plans
and financing. These forward -looking statements involve risks and
uncertainties that could cause actual results to differ materially from those
projected or anticipated. Factors that might cause such a difference include,
but are not limited to: general economic conditions in the markets the Company
operates in; the ability of the Company to execute its plan in strategic
direction; success in the development and market acceptance of new and existing
products; dependence on suppliers, third party manufacturers and channels of
distribution; customer and product concentration; fluctuations in customer
demand; the ability to obtain and maintain access to external sources of
capital; the ability to control costs; overall management of the Companys
expansion; and other risk factors detailed from time to time in the Companys
filings with the Securities and Exchange Commission. The terms we, our and
us and similar terms refer to the Company and its consolidated subsidiaries,
not to any individual or group of individuals. PART II  OTHER INFORMATION ITEM 1  LEGAL PROCEEDINGS The Company is not a party to any pending legal proceeding nor is its
property the subject of any legal proceeding. ITEM 2. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS The Company has had no disagreements with its accountants nor has the
Company changed accountants. ITEM 3  CHANGES IN SECURITIES AND USE OF PROCEEDS The Company has sold the following securities, which were restricted
securities, during the past three years. 9




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NumberDate
    
    Name
    
    of Shares
    
    ConsiderationApril 16, 2002
    
    Wiltex First, Inc. (1)
    
    
    5,000,000
    
    
    $
    960.00May 15, 2002
    
    Patricia Anne Dickerson (2)
    
    
    10,000
    
    
    $
    10.00May 15, 2002
    
    Charles Michael Jones (3)
    
    
    30,000
    
    
    $
    30.00
   (1)
    
    Mr. James Hogue is the President and sole director of the Company and is
also the sole shareholder and director of Wiltex First, Inc. Mr. Hogue is the
beneficial owner of the common securities issued to Wiltex First, Inc.(2)
    
    Ms. Dickerson elected to accept common securities as a portion of her fees
for corporate
communication services rendered to the Company.(3)
    
    Mr. Jones is not an officer, director or beneficial owner of Wiltex First,
Inc. However, he is a consultant to the firm. There has been no underwriting undertaken by the Company. ITEM 6  EXHIBITS AND REPORTS ON FORM 8-K A. Listed below are all Exhibits filed as part of this report or of previous
filings. Exhibit
    
    Description of Exhibit3.1
    
    Articles of Incorporation*3.2
    
    Articles of Amendment to Articles of Incorporation*3.3
    
    By-Laws*Instruments Defining the Rights of Holders10.1
    
    Lock-Up Agreement with Wiltex First, Inc.*10.2
    
    Lock-Up Agreement with Dickerson*10.3
    
    Lock-Up Agreement with Jones*23.1
    
    Consent of Accountant*31.1
    
    Certification31.2
    
    Certification32.1
    
    Certification Pursuant to 18 U.S.C. Section 1350, as adopted by Section 906 of the Sarbanes-Oxley Act of 200232.2
    
    Certification Pursuant to 18 U.S.C. Section 1350, as adopted by Section 906 of the Sarbanes-Oxley Act of 2002
 *Previously filed B. The Company has not filed any report on Form 8-K during the period covered
by this Report. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized. WILTEX A, INC.
(Registrant) Date:
    
    August 16, 2004
    
    
    
    /s/ James E. HogueJames E. HogueChief Executive Officer
 10