U.S. Securities and Exchange Commission
                             Washington, D.C. 20549

                                   Form 10-KSB

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

For the fiscal year ended December 31, 2003

[_]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT
     OF 1934

For the transition period from _______________ to ________________

Commission File No.: 333-70868



                            Fabulous Fritas Corporation
                  --------------------------------------------
               (Name of small business registrant in its charter)

     Florida                                                65-1129569
----------------------                               --------------------------
(State or other jurisdiction of                      (I.R.S. Employer
incorporation or organization)                              Identification No.)

3930 E. 4th Avenue
Hialeah, FL                                                     33013
--------------------------                           --------------------------
(Address of principal executive offices)                     (Zip Code)

Registrant's telephone number: (305) 822-4581


Securities registered under Section 12(b) of the Exchange Act:

   Title of each class                                Name of each exchange
                                                        on which registered
        None
----------------------------                         -------------------------


Securities registered under Section 12(g) of the Exchange Act:

                         Common Stock, $0.001 par value
                           -------------------------
                                (Title of class)

Copies of Communications Sent to:

                                Maria A. Fernandez
                                Fernandez Friedman Grossman Kohn & Son PLLC
                                2400 National City Tower
                                101 South Fifth Street
                                Louisville, KY 40202-3103
                                Phone: (502) 589-1001
                                Fax: (502) 589-7333





<PAGE>




Check  whether  the  registrant  (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 [_]

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

State registrant's revenues for its most recent fiscal year. $0.

The aggregate market value of the voting common equity held by non-affiliates as
of a recent date cannot be determined,  as the Company's common stock is neither
quoted or traded publicly. No non-voting common equity is outstanding.












<PAGE>


                                     PART I



Item 1. Description of Business

Business Development

Certain  statements  contained  in  this  annual  filing,   including,   without
limitation, statements containing the words "believes", "anticipates", "expects"
and  words  of  similar  import,  constitute  forward-looking  statements.  Such
forward-looking  statements  involve known and unknown risks,  uncertainties and
other factors that may cause the actual results,  performance or achievements of
the Company,  or industry  results,  to be materially  different from any future
results,   performance   or   achievements   expressed   or   implied   by  such
forward-looking statements.

Such factors include, among others, the following:  international,  national and
local general economic and market conditions:  demographic  changes; the ability
of the Company to sustain,  manage or  forecast  its growth;  the ability of the
Company to successfully make and integrate acquisitions;  raw material costs and
availability;  new product  development and  introduction;  existing  government
regulations  and  changes  in,  or  the  failure  to  comply  with,   government
regulations;  adverse publicity;  competition; the loss of significant customers
or suppliers;  fluctuations  and  difficulty in forecasting  operating  results;
changes in business strategy or development  plans;  business  disruptions;  the
ability  to attract  and  retain  qualified  personnel;  the  ability to protect
technology; and other factors referenced in this and previous filings.

Given  these  uncertainties,  readers  of this Form  10-KSB  and  investors  are
cautioned not to place undue reliance on such  forward-looking  statements.  The
Company  disclaims  any  obligation  to update any such  factors or to  publicly
announce the result of any revisions to any of the forward-  looking  statements
contained herein to reflect future events or developments.

Fabulous Fritas Corporation,  f/k/a Burgers By Farfour,  Inc. (the "Company") or
("FFC")  was  incorporated  on July  31,  2001 in the  State of  Florida  with a
business  plan of  marketing  the concept of a national  "fast food"  restaurant
chain to children  and young  adults,  with a menu of fresh  burgers,  fries and
sandwiches.

On May 17,  2003,  with a change of control,  the Company  modified its business
plan to provide  for the  establishment  of small local  restaurants  which sell
basic  Latin food with a  Cuban/Mojo  flavor  appeal to it under the name of Les
Fritas and to change its name to Fabulous Fritas Corporation.

FFC acquired  initial funding  following a Registration  Statement on Form SB-2,
which was  declared  effective by the  Securities  and  Exchange  Commission  on
January 4, 2002. The financial statements reflect the funding raised through the
Registration  Statement. In May 2003, the Company received two (2) subscriptions
from one (1)  individual  for  100,000  shares  of  restricted  common  stock in
exchange for $50,000 cash. In addition the second subscription for an additional
$50,000 is to be funded when the Company opens its first restaurant location and
upon  approval  for  quotation by NASD on the Over The Counter  Bulletin  Board.


                                       3
<PAGE>


Neither event has occurred and the current  control  person in March 2004 made a
determination to acquire a new business so that the current  shareholders  would
be able to derive some benefit from their investment. Attempts to finalize plans
for such a business venture are being undertaken at the current time.

Except for  attempts to start or locate a new  business  venture the Company has
not undertaken any operations since prior to December 31, 2003.

On March 12,  2004,  the  Company  acquired a total of  1,000,000  shares of the
common  stock of the  Company and  returned  it to  treasury in exchange  for an
immediate total cash payment of $5,000.  These shares were originally  issued to
original  former  Legal  Counsel  for  assistance  with  its  SB-2  Registration
Statement  and  subsequent  activities.  This Counsel was unable to complete the
services  bargained  for and the Company  was able to  negotiate a return of the
shares to treasury in exchange for the cash payment which the Company  concluded
was a fair value for the services. Third party shareholders who has acquired the
shares  from such  Legal  Counsel  agreed to accepts  such cash  payment as fair
consideration for the shares.

On March 20, 2004,  the Company  entered  into an Agreement  For The Exchange Of
Common Stock with Union Dental Corp., a Florida corporation,  and two (2) of its
affiliated companies,  through which agreement Union Dental Corp. shareholder(s)
will acquire control of the Company.  The agreement is subject to due diligence,
audits and other related requirements which are ongoing at this time.

See (b) "Business of  Registrant"  immediately  below for a  description  of the
Company's business.

Business of Registrant

General

FFC has no current operations at the present time.

Status of Publicly Announced Products and Services

None.

Dependence on one or few customers

None.

Research and Development

FFC has not booked any significant  research and development costs and therefore
do not  expect  to pass  any of  those  costs to  customers.  It has no  product
development or research and development costs.

Patents, Copyrights and Trademarks

The Company intends to protect its original  intellectual property with patents,
copyrights and/or trademarks as appropriate.



                                       4
<PAGE>


FFC has no patents or other intellectual property.

Governmental Regulation

None.

Effect of Probable Governmental Regulation on the Business

None.

Cost and Effects of Compliance with Environmental Laws

None.

Employees and Consultants

At December 31, 2003,  the Company  employed one (1) person.  Ricardo Jara,  the
sole executive  officer and director,  devotes  approximately ten (10) hours per
week to company activities.  FFC has no written employment  contract.  He is not
represented by a labor union for purposes of collective bargaining.  The Company
considers  its  relations  with its  employee to be  excellent.  The Company may
employ  additional  personnel,  as necessary,  to  accommodate  future sales and
production requirements.

Item 2. Description of Property

The Company maintains its executive offices at 3930 E. 4th Avenue,  Hialeah,  FL
33013. Its telephone number is (305) 822-4581.

Item 3. Legal Proceedings

The Company is not a party to any pending  litigation at this time nor is any of
its property subject to any pending legal proceedings.

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

None.


                                     Part II

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

a) Market Information.

The Company is not aware of any existing  trading  market for its common  stock.
The  Company's  common stock has never traded in a public  market.  There are no
plans, proposals,  arrangements or understandings with any person(s) with regard
to the development of a trading market in any of the Company's securities.

b) Holders.

As of December  31,  2003,  there were  forty-one  (41) holders of record of the
Company's common stock.



                                       5
<PAGE>


As of December 31, 2003, the Company had  20,813,000  shares of its common stock
issued and outstanding,  20,500,000 of which were restricted Rule 144 shares and
313,000 of which were free-trading.  Of the Rule 144 shares, no shares have been
held by affiliates of the Company for more than one (1) year.

(c) Dividends.

The Company has never paid or declared  any  dividends  on its common  stock and
does not anticipate paying cash dividends in the foreseeable future.



Item 6. Management's Discussion and Analysis

Certain  statements  contained  in  this  annual  filing,   including,   without
limitation, statements containing the words "believes", "anticipates", "expects"
and  words  of  similar  import,  constitute  forward-looking  statements.  Such
forward-looking  statements  involve known and unknown risks,  uncertainties and
other factors that may cause the actual results,  performance or achievements of
the Company,  or industry  results,  to be materially  different from any future
results,   performance   or   achievements   expressed   or   implied   by  such
forward-looking statements.

Such factors include, among others, the following:  international,  national and
local general economic and market conditions:  demographic  changes; the ability
of the Company to sustain,  manage or  forecast  its growth;  the ability of the
Company to successfully make and integrate acquisitions;  raw material costs and
availability;  new product  development and  introduction;  existing  government
regulations  and  changes  in,  or  the  failure  to  comply  with,   government
regulations;  adverse publicity;  competition; the loss of significant customers
or suppliers;  fluctuations  and  difficulty in forecasting  operating  results;
changes in business strategy or development  plans;  business  disruptions;  the
ability  to attract  and  retain  qualified  personnel;  the  ability to protect
technology; and other factors referenced in this and previous filings.

Given  these  uncertainties,  readers  of this Form  10-KSB  and  investors  are
cautioned not to place undue reliance on such  forward-looking  statements.  The
Company  disclaims  any  obligation  to update any such  factors or to  publicly
announce the result of any  revisions to any of the  forward-looking  statements
contained herein to reflect future events or developments.

Discussion and Analysis

FFC was  incorporated  on July 31, 2001 in the State of Florida  with a business
plan of  marketing  the concept of a national  "fast food"  restaurant  chain to
children and young adults, with a menu of fresh burgers, fries and sandwiches.

On May 17,  2003,  with a change of control,  the Company  modified its business
plan to provide  for the  establishment  of small local  restaurants  which sell
basic  Latin food with a  Cuban/Mojo  flavor  appeal to it under the name of Les
Fritas and to change its name to Fabulous Fritas Corporation.


                                       6
<PAGE>


FFC acquired  initial funding  following a Registration  Statement on Form SB-2,
which was  declared  effective by the  Securities  and  Exchange  Commission  on
January 4, 2002. The financial statements reflect the funding raised through the
Registration  Statement. In May 2003, the Company received two (2) subscriptions
from one (1)  individual  for  100,000  shares  of  restricted  common  stock in
exchange for $50,000 cash. In addition the second subscription for an additional
$50,000 is to be funded when the Company opens its first restaurant location and
upon  approval  for  quotation by NASD on the Over The Counter  Bulletin  Board.
Neither event has occurred and the current  control  person in March 2004 made a
determination to acquire a new business so that the current  shareholders  would
be able to derive some benefit from their investment. Attempts to finalize plans
for such a business venture are being undertaken at the current time.

Except for  attempts to start or locate a new  business  venture the Company has
not undertaken any operations since prior to December 31, 2003.

On March 12,  2004,  the  Company  acquired a total of  1,000,000  shares of the
common  stock of the  Company and  returned  it to  treasury in exchange  for an
immediate total cash payment of $5,000.  These shares were originally  issued to
original  former  Legal  Counsel  for  assistance  with  its  SB-2  Registration
Statement  and  subsequent  activities.  This Counsel was unable to complete the
services  bargained  for and the Company  was able to  negotiate a return of the
shares to treasury in exchange for the cash payment which the Company  concluded
was a fair value for the services. Third party shareholders who has acquired the
shares  from such  Legal  Counsel  agreed to accepts  such cash  payment as fair
consideration for the shares.

On March 20, 2004,  the Company  entered  into an Agreement  For The Exchange Of
Common Stock with Union Dental Corp., a Florida corporation,  and two (2) of its
affiliated companies,  through which agreement Union Dental Corp. shareholder(s)
will acquire control of the Company.  The agreement is subject to due diligence,
audits and other related requirements which are ongoing at this time.

The Company  has begun to make  preparations  for a period of growth,  which may
require it to significantly increase the scale of its operations.  This increase
will include the hiring of additional personnel in all functional areas and will
result in  significantly  higher operating  expenses.  The increase in operating
expenses  is  expected  to be  matched by a  concurrent  increase  in  revenues.
However,  the  Company's  net loss may  continue  even if revenues  increase and
operating  expenses may still  continue to increase.  Expansion of the Company's
operations may cause a significant strain on the Company's management, financial
and other  resources.  The  Company's  ability to manage recent and any possible
future growth,  should it occur, will depend upon a significant expansion of its
accounting  and other internal  management  systems and the  implementation  and
subsequent improvement of a variety of systems,  procedures and controls.  There
can be no assurance that significant problems in these areas will not occur. Any
failure to expand these areas and implement and improve such systems, procedures
and  controls in an efficient  manner at a pace  consistent  with the  Company's


                                       7
<PAGE>


business  could  have a  material  adverse  effect  on the  Company's  business,
financial  condition  and results of  operations.  As a result of such  expected
expansion and the anticipated increase in its operating expenses, as well as the
difficulty in forecasting  revenue  levels,  the Company  expects to continue to
experience  significant  fluctuations in its revenues,  costs and gross margins,
and therefore its results of operations.

Results of Operations - For the Year Ended December 31, 2003 and 2002

Revenues

To date the Company has had no revenues.

The  Company  currently  has no  contracts  in  place.  Therefore,  there  is no
assurance that the Company will be able to  successfully  implement its business
plan.

Operating Expenses

General and Administrative

For the years ended December 31, 2003 and 2002, the Company recorded General and
Administrative Expenses of $8,552 and $14,002, respectively.

Assets and Liabilities

Assets were $58,746 and $148 as of December 31, 2003 and 2002.  Liabilities were
$0 and $1,850 as of December 31, 2003 and 2002.

Stockholders' Equity

Stockholders' equity was 58,746 and (1,702) as of December 31, 2003 and 2002.

Financial Condition, Liquidity and Capital Resources

The Company may raise additional  capital through private and/or public sales of
securities in the future but has no definite commitments at this time.

Item 7. Financial Statements

The  required  consolidated  financial  statements  begin  on  page  F-1 of this
document.



                [BALANCE OF THIS PAGE INTENTIONALLY LEFT BLANK.]






                                       8
<PAGE>




                          INDEX TO FINANCIAL STATEMENTS




Independent Auditors' Report.................................................F-2

Balance Sheet................................................................F-3

Statements of Operations.....................................................F-4

Statements of Stockholders' Equity...........................................F-5

Statements of Cash Flows.....................................................F-6

Notes to Financial Statement.................................................F-7












                                      F-1


<PAGE>


                          INDEPENDENT AUDITORS' REPORT


The Board of Directors and Stockholders
Fabulous Fritas Corp.
(A Development Stage Enterprise)
Hialeah, Florida


We have audited the  accompanying  balance  sheet of Fabulous  Fritas  Corp.,  a
development stage enterprise,  as of December 31, 2003 and 2002, and the related
statements of  operations,  stockholders'  equity and cash flows for each of the
two  years in the  period  ended  December  31,  2003,  and from  July 31,  2001
(Inception)  through  December  31, 2003.  These  financial  statements  are the
responsibility of the Company's management.  Our responsibility is to express an
opinion on these financial statements based on our audit.

We conducted our audits in accordance  with the standards of the Public  Company
Accounting oversight Board (United States). Those standards require that we plan
and perform the audit 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  referred to above present fairly, in
all material  respects,  the financial  position of Fabulous  Fritas Corp. as of
December 31, 2003 and 2002, and the results of its operations and its cash flows
for each of the two years in the period ended  December 31, 2003,  and from July
31,  2001  (Inception)  through  December  31,  2003,  in  conformity  with U.S.
generally accepted accounting principles.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 5 to the
financial  statements,  the Company has experienced a loss since inception.  The
Company's financial position and operating results raise substantial doubt about
its  ability to  continue as a going  concern.  Management's  plans in regard to
these  matters are also  described in Note 5. The  financial  statements  do not
include any adjustments that might result from the outcome of this uncertainty.




/s/Durland & Company, CPAs, P.A.
Durland & Company, CPAs, P.A.
Palm Beach, Florida
April 13, 2004



                                       F-2

<PAGE>


<TABLE>
<CAPTION>
                              Fabulous Fritas Corp.
                        (A Development Stage Enterprise)
                                  Balance Sheet
                                  December 31,



                                                                       2003            2002
                                                                 -------------  --------------
<S>                                                              <C>            <C>
                         ASSETS
CURRENT ASSETS
  Cash                                                           $      58,746  $          148
                                                                 -------------  --------------

          Total current assets                                          58,746             148
                                                                 -------------  --------------

Total Assets                                                     $      58,746  $          148
                                                                 =============  ==============

            LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
  Accounts payable
     Trade                                                       $           0  $        1,850
     Related party                                                           0               0
                                                                 -------------  --------------

          Total current liabilities                                          0           1,850
                                                                 -------------  --------------

Total Liabilities                                                            0           1,850
                                                                 -------------  --------------

STOCKHOLDERS' EQUITY
  Preferred stock, no par value, authorized 10,000,000 shares;
      0 issued and outstanding                                               0               0
  Common stock, $0.001 par value, authorized 100,000,000 shares;
      20,813,000 and 1,962,000 issued and outstanding                   20,813           1,962
  Additional paid-in capital                                            62,437          12,288
  Deficit accumulated during the development stage                     (24,504)        (15,952)
                                                                 -------------  --------------

          Total stockholders' equity                                    58,746          (1,702)
                                                                 -------------  --------------

Total Liabilities and  Stockholders' Equity                      $      58,746  $          148
                                                                 =============  ==============
</TABLE>









     The accompanying notes are an integral part of the financial statements


                                       F-3
<PAGE>


<TABLE>
<CAPTION>
                              Fabulous Fritas Corp.
                        (A Development Stage Enterprise)
                            Statements of Operations




                                                                                              From
                                                                                          July 31, 2001
                                                            Year Ended December 31,        (Inception)
                                                       -------------------------------       through
                                                         2003                2002       December 31, 2003
                                                       ---------------  -------------- -------------------
<S>                                                    <C>              <C>            <C>
Revenues                                               $             0  $            0 $                 0
                                                       ---------------  -------------- -------------------

General and administrative expenses                              8,552          14,002              22,554
Legal fees                                                           0               0                 200
Services - related party                                             0               0               1,750
                                                       ---------------  -------------- -------------------

   Total expenses                                                8,552          14,002              24,504
                                                       ---------------  -------------- -------------------

Net loss                                               $        (8,552) $      (14,002)$           (24,504)
                                                       ===============  ============== ===================

Loss per weighted average common share                 $         (0.01) $       (0.01)
                                                       ===============  ==============

Number of weighted average common shares outstanding        19,745,849       1,955,949
                                                       ===============  ==============
</TABLE>
















     The accompanying notes are an integral part of the financial statements


                                       F-4
<PAGE>


<TABLE>
<CAPTION>
                              Fabulous Fritas Corp.
                        (A Development Stage Enterprise)
                       Statements of Stockholders' Equity




                                                                                       Deficit
                                                                                      Accumulated
                                                                        Additional     During the          Total
                                             Number of       Common       Paid-In      Development      Stockholders'
                                               Shares        Stock        Capital        Stage            Equity
                                          -------------- ----------- -------------- ----------------  ----------------
<S>                                       <C>            <C>         <C>            <C>               <C>
BEGINNING BALANCE, July 31, 2001                       0 $         0 $            0 $              0  $              0

Shares issued for services                     1,950,000       1,950              0                0             1,950

Net loss                                               0           0              0           (1,950)           (1,950)
                                          -------------- ----------- -------------- ----------------  ----------------

BALANCE, December 31, 2001                     1,950,000       1,950              0           (1,950)                0

Shares issued for cash                            12,300          12         12,288                0            12,300

Net loss                                               0           0              0          (14,002)          (14,002)
                                          -------------- ----------- -------------- ----------------  ----------------

BALANCE, December 31, 2002                     1,962,300       1,962         12,288          (15,952)           (1,702)

Restricted shares issued for cash                100,000         100         49,900                0            50,000
Unrestricted shares issued for cash               19,000          19         18,981                0            19,000
10 for 1 forward split                        18,731,700      18,732        (18,732)               0                 0
Net loss                                               0           0              0           (8,552)           (8,552)
                                          -------------- ----------- -------------- ----------------  ----------------

ENDING BALANCE,  December 31, 2003            20,813,000 $    20,813 $       62,437 $        (24,504) $         58,746
                                          ============== =========== ============== ================  ================
</TABLE>












     The accompanying notes are an integral part of the financial statements


                                       F-5
<PAGE>


<TABLE>
<CAPTION>
                              Fabulous Fritas Corp.
                        (A Development Stage Enterprise)
                            Statements of Cash Flows




                                                                                                      From
                                                                                                 July 31, 2001
                                                                   Year Ended December 31,        (Inception)
                                                               -------------------------------       through
                                                                    2003             2002       December 31, 2003
                                                               ---------------  -------------- -------------------
<S>                                                            <C>              <C>            <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss                                                       $        (8,552) $      (14,002)$           (24,504)
Adjustments to reconcile net loss to net cash used by
operating activities:
  Stock issued for services                                                  0               0               1,950
Changes in operating assets and liabilities
  Increase (decrease) in accounts payable - trade                       (1,850)          1,850                   0
  Increase (decrease) in accounts payable - related party                    0               0                   0
                                                               ---------------  -------------- -------------------

Net cash used by operating activities                                  (10,402)        (12,152)            (22,554)
                                                               ---------------  -------------- -------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock                                  69,000          12,300              81,300
                                                               ---------------  -------------- -------------------

Net cash provided by financing activities                               69,000          12,300              81,300
                                                               ---------------  -------------- -------------------

Net increase (decrease) in cash                                         58,598             148              58,746
                                                               ---------------  -------------- -------------------

CASH, beginning of period                                                  148               0                   0
                                                               ---------------  -------------- -------------------

CASH, end of period                                            $        58,746  $          148 $            58,746
                                                               ===============  ============== ===================
</TABLE>












     The accompanying notes are an integral part of the financial statements

                                       F-6
<PAGE>


                              Fabulous Fritas Corp.
                        (A Development Stage Enterprise)
                          Notes to Financial Statements


(1)  The Company  Fabulous  Fritas Corp.  (the  Company) is a Florida  chartered
     development stage corporation which conducts business from its headquarters
     in Palm Beach,  Florida.  The Company was incorporated on July 31, 2001 and
     has elected  December 31 as its fiscal  year end.  The Company  changed its
     name to Fabulous Fritas Corp. on June 6, 2003.

     The Company has not yet engaged in its expected  operations.  The Company's
     future operations include plans to establish a new fast food chain. Current
     activities   include  raising   additional  capital  and  negotiating  with
     potential  key  personnel and  facilities.  There is no assurance  that any
     benefit will result from such activities.  The Company will not receive any
     operating   revenues  until  the  commencement  of  operations,   but  will
     nevertheless continue to incur expenses until then.

     The  following  summarize  the more  significant  accounting  and reporting
     policies and practices of the Company:

     a)  USE OF  ESTIMATES  The  financial  statements  have  been  prepared  in
     conformity with generally accepted accounting principles.  In preparing the
     financial  statements,   management  is  required  to  make  estimates  and
     assumptions  that affect the reported  amounts of assets and liabilities as
     of the date of the  statements  of  financial  condition  and  revenues and
     expenses for the year then ended.  Actual results may differ  significantly
     from those estimates.

     b)  START-UP  COSTS Costs of start-up  activities,  including  organization
     costs,  are expensed as incurred,  in accordance with Statement of Position
     (SOP) 98-5.

     c) NET LOSS PER SHARE  Basic  loss per  weighted  average  common  share is
     computed by dividing the net loss by the weighted  average number of common
     shares outstanding during the period.

     d) STOCK  COMPENSATION  FOR SERVICES  RENDERED The Company issues shares of
     common stock in exchange for services  rendered.  The costs of the services
     are valued according to generally accepted  accounting  principles and have
     been charged to operations.

(2)  STOCKHOLDERS'  EQUITY The  Company  has  authorized  100,000,000  shares of
     $0.001  par  value  common  stock,  and  10,000,000  shares of no par value
     preferred  stock.  Rights and  privileges of the preferred  stock are to be
     determined  by the Board of Directors  prior to  issuance.  The Company had
     1,950,000  shares of common  stock issued and  outstanding  at December 31,
     2002.  The  Company  had issued  none of its shares of  preferred  stock at
     December 31, 2002. On July 31, 2001, the Company issued 1,750,000 shares of
     common  stock  to its  founder  and  President  for  services  rendered  in
     connection  with the  organization  of the Company,  and 200,000  shares of
     common stock to its legal counsel for services  rendered in connection with
     the organization of the Company.

     In 2002,  the Company  issued 12,300 shares of common stock in exchange for
     $12,300 in cash under its  effective  SB-1  Registration  Statement.In  May
     2003,  the Company  issued  19,000  shares in exchange  for $19,000 in cash
     under its effective SB-2 Registration Statement.

     b) Private  Offering of Common Stock In May 2003, the Company  received two
     subscriptions  from one individual for 100,000 shares of restricted  common
     stock in exchange for $50,000 in cash, or $0.50 per share, each. One of the
     subscriptions  was  funded in July.  The  second  is to be funded  upon the
     Company opening its first restaurant location.


                                       F-7
<PAGE>


                           Fabulous Fritas Corporation
                        (A Development Stage Enterprise)
                          Notes to Financial Statements

(3)  INCOME  TAXES  Deferred  income taxes  (benefits)  are provided for certain
     income and expenses which are  recognized in different  periods for tax and
     financial  reporting  purposes.  The Company had net operating  loss carry-
     forwards for income tax purposes of approximately  $24,504 expiring $8,552,
     $14,00 and $1,950 at December 31, 2023,  2022 and 2021,  respectively.  The
     amount  recorded  as  deferred  tax  asset  as  of  December  31,  2003  is
     approximately  $3,675,  which  represents  the amount of tax benefit of the
     loss carry-forward.  The Company has established a 100% valuation allowance
     against  this  deferred  tax  asset,  as  the  Company  has no  history  of
     profitable operations.

(4)  RELATED PARTIES See Note (2) for shares issued for services.

(5)  GOING  CONCERN The  accompanying  financial  statements  have been prepared
     assuming that the Company will continue as a going  concern.  The Company's
     financial  position and operating results raise substantial doubt about the
     Company's  ability to continue as a going concern,  as reflected by the net
     loss of $24,500 accumulated from July 31, 2001 (Inception) through December
     31,  2003.  The ability of the  Company to  continue as a going  concern is
     dependent  upon  commencing  operations,  developing  sales  and  obtaining
     additional capital and financing.  The financial  statements do not include
     any  adjustments  that  might be  necessary  if the  Company  is  unable to
     continue as a going concern.  The Company is currently  seeking  additional
     capital to allow it to begin its planned operations.

(6)  INITIAL  PUBLIC  OFFERING The Company filed a Form SB-2 in 2001,  which was
     declared effective on January 4, 2002.  Through this offering,  the Company
     is attempting to raise  $1,000,000  by selling  1,000,000  shares of common
     stock at $1.00 per share on a self-underwritten basis. Through December 31,
     2003, the Company has received subscriptions and cash totaling $81,300.

(7)  SUBSEQUENT EVENTS

     a) STOCKHOLDER'S  EQUITY On March 12, 2004, the Company acquired a total of
     1,000,000  shares of the common  stock of the  Company  and  returned it to
     treasury in exchange for an immediate  total cash payment of $5,000.  These
     shares  were  originally  issued  to  original  former  Legal  Counsel  for
     assistance with its SB-2 Registration  Statement and subsequent activities.
     This  Counsel was unable to complete  the  services  bargained  for and the
     Company  was able to  negotiate  a return  of the  shares  to  treasury  in
     exchange for the cash payment which the Company  concluded was a fair value
     for the services. Third party shareholders who has acquired the shares from
     such  Legal   Counsel   agreed  to  accepts   such  cash  payment  as  fair
     consideration for the shares.

     b) SIGNIFICANT  ACQUISITION On March 20, 2004, the Company  entered into an
     Agreement  For The  Exchange Of Common  Stock with Union  Dental  Corp.,  a
     Florida corporation, and two (2) of its affiliated companies, through which
     agreement  Union Dental Corp.  shareholder(s)  will acquire  control of the
     Company.  The  agreement  is subject to due  diligence,  audits,  and other
     related requirements which are ongoing at this time.


                                       F-8
<PAGE>



Item 8.  Changes  In  and  Disagreements  with  Accountants  on  Accounting  and
         Financial Disclosure.

None.


                                    PART III

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

(a) Set  forth  below are the  names,  ages,  positions,  with the  Company  and
business experiences of the executive officers and directors of the Company.


Name                   Age         Position(s) with Company
---------------        -----       ---------------------------
Ricardo Jara           46          sole officer and director

All  directors  hold  office  until the next  annual  meeting  of the  Company's
shareholders and until their successors have been elected and qualify.  Officers
serve at the pleasure of the Board of Directors. The officers and directors will
devote such time and effort to the business and affairs of the Company as may be
necessary  to  perform  their  responsibilities  as  executive  officers  and/or
directors of the Company.

Family Relationships

None.

Business Experience

Ricardo Jara, President, Secretary and Treasurer

Mr. Jara is the current owner of Asturias Restaurant in Hialeah,  Florida, which
specializes  in Latin-  American  and  Spanish  cuisine.  He has  worked in this
capacity since March 1993. Mr. Jara graduated from Miami-Dade  Community College
in 1979 with a degree in electrical engineering. He is 45 years of age.

Compliance with Section 16(a) of the Securities Exchange Act of 1934

No Director,  Officer,  Beneficial  Owner of more than ten percent  (10%) of any
class of equity  securities  of the Company  failed to file reports  required by
Section  16(a) of the Exchange  Act during the most recent  fiscal year or prior
fiscal years.






                                       17
<PAGE>


Item 10. Executive Compensation

The  following  summary   compensation  table  sets  forth  the  aggregate  cash
compensation  paid or accrued by the Company to each of the Company's  executive
officers  and key  employees  for  services  rendered to the Company  during the
Company's  fiscal year ended 2003, 2002, 2001 and 2000 and all plan and non-plan
compensation  awarded  to,  earned by or paid to  certain  designated  executive
officers.

SUMMARY COMPENSATION TABLE

<TABLE>
<CAPTION>
                                                                      Long Term Compensation
                            Annual Compensation                   Awards                   Payouts
(a)               (b)    (c)       (d)       (e)           (f)           (g)            (h)      (i)
                                             Other         Restricted    Securities     LTIP     All
Name and                                     Annual         Stock        Underlying     Pay-     Other
Principal         Year   Salary    Bonus     Compen-       Award(s)      Options/       outs
Compen-
Position                 ($)       ($)       sation ($)    ($)           SARs
sation ($)
----------        ----   ------   ------     ---------     --------     -----------    ------   -------
<S>               <C>    <C>      <C>        <C>           <C>           <C>            <C>      <C>
                  2003   $ -0-     $-0-      $-0-          $-0-          $-0-           $-0-     $-0-
Ricardo           2002   $ -0-     $-0-      $-0-          $-0-          $-0-           $-0-     $-0-
Jara              2000   $ -0-     $-0-      $-0-          $-0-          $-0-           $-0-     $-0-
sole officer      2001   $ -0-     $-0-      $-0-          $-0-          $-0-           $-0-     $-0-
and director
</TABLE>

Compensation of Directors

The Company has no standard  arrangements  for compensating the directors of the
Company for their attendance at meetings of the Board of Directors.

Item 11. Security Ownership of Certain Beneficial Owners and Management

The following  table sets forth  information as of December 31, 2003,  regarding
the ownership of the  Company's  common stock by each  shareholder  known by the
Company  to be the  beneficial  owner  of more  than  five  percent  (5%) of its
outstanding shares of common stock, each director and all executive officers and
directors as a group.  Except as otherwise  indicated,  each of the shareholders
has sole voting and  investment  power with respect to the share of common stock
beneficially owned.

Name and Address of           Title of     Amount and Nature of     Percent of
Beneficial Owner               Class         Beneficial Owner           Class
------------------------------------------------------------------------------
Ricardo Jara                   Common       16,500,000                  79.3%

All officers and directors
as a group (1 person)          Common       16,500,000                  79.3%
--------------------



                                       18
<PAGE>


Item 12. Certain Relationships and Related Transactions

None.

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

     (a) The exhibits  required to be filed  herewith by Item 601 of  Regulation
S-B, as described in the following index of exhibits, are incorporated herein by
reference, as follows:

Exhibit No.          Exhibit Name
--------------       ---------------------
31.1      *       Section  302 Sarbanes-Oxley Certification.

32.1      *       Section  906 Sarbanes-Oxley Certification.
-----------------

*    Filed herewith

     (b) A Current  Report on Form 8-K was filed on May 21, 2003 which  reported
the change of control and  business  plan.  A second Form 8-K was filed June 10,
2003 which reported a change of the Company's name.

Item 14 - Principal Accountant Fees and Services

The Company paid or accrued the  following  fees in each of the prior two fiscal
years to its principal  accountant,  Durland & Company CPAs, P.A. of Palm Beach,
Florida.

                                     Year ended     Year ended
                                     December 31,   December 31,
                                        2003           2002

(1)        Audit fees                  $3,000         $3,000
(2)        Audit-related fees          $1,500         $1,500
(3)        Tax fees                    $    0         $    0
(4)        All other fees              $    0         $    0
                                       ------         ------
   Totals                              $4,500         $4,500

We  have  considered  whether  the  provision  of  such  non-audit  services  is
compatible with Durland & Company CPAs, P.A.  maintaining its  independence  and
determined that these services do not compromise their independence.

Financial Information System Design and Implementation.  Durland & Company CPAs,
P.A. did not charge the Company any fees for financial information system design
and implementation fees.

The  Company  has no  formal  audit  committee.  However,  the  entire  Board of
Directors (the "Board") is the Company's defacto audit committee.

In discharging its oversight  responsibility as to the audit process,  the Board
obtained from the independent auditors a formal written statement describing all
relationships  between  the  auditors  and the  Company  that  might bear on the
auditors'  independence as required by Independence Standards Board Standard No.
1,  "Independence  Discussions with Audit  Committees." The Board discussed with


                                       19
<PAGE>


the  auditors  any   relationships   that  may  impact  their   objectivity  and
independence,  including fees for non-audit services, and satisfied itself as to
the  auditors'  independence.  The Board also  discussed  with  management,  the
internal  auditors and the independent  auditors the quality and adequacy of the
Company's  internal controls.  The Board reviewed with the independent  auditors
their management letter on internal controls.

The Board  discussed  and  reviewed  with the  independent  auditors all matters
required to be discussed by auditing standards  generally accepted in the United
States of America,  including those described in Statement on Auditing Standards
No. 61, as amended, "Communication with Audit Committees".

The Board reviewed the audited consolidated  financial statements of the Company
as of and  for the  year  ended  December  31,  2003,  with  management  and the
independent  auditors.  Management has the responsibility for the preparation of
the  Company's  financial  statements  and the  independent  auditors  have  the
responsibility for the examination of those statements.

Based  on the  above-mentioned  review  and  discussions  with  the  independent
auditors and management,  the Board of Directors  approved the Company's audited
consolidated  financial  statements and recommended that they be included in its
Annual  Report on Form 10-KSB for the year ended  December 31, 2003,  for filing
with the  Securities  and  Exchange  Commission.  The Board  also  approved  the
reappointment of Durland & Company CPAs, P.A. as independent auditors.

The Company's principal accountant, Durland & Company CPAs, P.A., did not engage
any other  persons or firms  other than the  principal  accountant's  full-time,
permanent employees.








                [BALANCE OF THIS PAGE INTENTIONALLY LEFT BLANK.]





                                       20
<PAGE>


                                   SIGNATURES

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

                           Fabulous Fritas Corporation
                                  (Registrant)



Date: April 14, 2004     By: /s/ Ricardo Jara
                         ------------------------------------
                         Ricardo Jara, sole Officer and Director


Pursuant to the requirements of the Exchange Act, this report has been signed by
the following persons in the capacities and on the dates indicated.



Signature                    Title                            Date


/s/ Ricardo Jara
-------------------         Sole Officer and Director         April 14, 2004



                                       21