SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549

                               Form 10-KSB
            Annual Report Pursuant to Section 13 or 15(d) of
                   the Securities Exchange Act of 1934
(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, 2000

[ ]  Transition report under section 13 or 15(d) of the Securities Exchange
Act of 1934
     For the transition period from             to
                                    -----------    -------------

                    Commission File Number 000-30771


                   Pacific International Holding, Inc.
             (Name of small business issuer in its charter)

          Utah                                 87-0439580B
(State or other jurisdiction of          (I.R.S. Employer I.D. No.)
incorporation or organization)

163-10 Northern Boulevard, Suite 202, Flushing, New York  11458
(Address and Zip Code of principal executive offices)

Issuer's telephone number, including area code: 718-460-4728

Securities registered pursuant to Section 12(b) of the Exchange Act: None

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

                  $.001 par value, common voting shares
                            (Title of class)

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
report(s), and (2) has been subject to such filing requirements for the
past 90 days.  Yes [ X ]   No [   ]

Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B is contained in this form, and no disclosure will be
contained, to the best of the 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. [    ]

The issuer's revenue for its most recent fiscal year was: $39,242

The aggregate market value of the issuer's voting stock held as of March
22, 2001, by non-affiliates of the issuers was $-0-.

As of March 22, 2001, issuer had 8,239,903 shares of its $.001 par value
common stock outstanding.

Transitional Small Business Format:   Yes [   ]   No [ X ]
Documents incorporated by reference: none

PART I

Item 1.  Description of Business.

Pacific International Holding, Inc., ("Pacific" or the "Company") was
originally incorporated in Utah on November 3, 1986 under the name Pine
Bird Mining and Milling, Inc.  On April 1, 1994, the Company changed its
name to Pacific International Holding, Inc.

     On November 10, 2000, the Company acquired Tamasik Technologies
Corporation as a wholly owned subsidiary.  The Company issued 3,395,525
shares of common stock to Mr. Stanley Hong, the sole shareholder of Tamasik
in return for all of the issued and outstanding shares of Tamasik.  The
issuance of shares to Mr. Hong place him in a position of owning 41.20% of
the Company's issued and outstanding stock.  The consideration exchanged in
the acquisition was negotiated between the Company and Tamasik.  In
evaluating Tamasik as a candidate for the exchange, management of the
Company evaluated the assets, present and anticipated operations, and
management of Tamasik.  The following is a description of Tamasik and the
business the Company is now pursuing.

     Tamasik Technologies Corporation was incorporated in the State of Utah
on June 9, 2000.  The business of Tamasik is to provide via the internet,
online e-commerce solutions to merchants through online auctions and online
shopping.  Tamasik has developed technology that enables website translation
into five different languages, all with the simple click of an icon.  These
languages are English, Chinese, Korean, Japanese and Spanish.  Tamasik
provides various Asian language search engine capabilities that facilitate
international users to locate and tabulate participating merchants by
products and stores.  Tamasik currently has the capability to build online
stores in any major language in three days.

     Tamasik uses multiple languages to accommodate internet users
worldwide.  Revenue sources are from web development and web page design;
web hosting; affiliate sales commissions; advertisements; and e-commerce
solutions for merchants.  Tamasik is targeting the Asian American market
which is a well-educated market and one of the fastest growing segments of
the online community.  As this market continues to grow, Tamasik anticipates
a heavy demand for business owners to have their company name, products and
services on the internet.  Tamasik intends to provide our services to these
companies in every aspect of their online existence.  Tamasik will create
websites for those with no website and help with the marketing for companies
who have existing websites.

     Services provided by Tamasik include:

     Website design and development for business-to-business sites
     Brand management
     Website strategic design and e-commerce planning
     Interactive business and marketing consulting
     Website marketing, advertising and promotion
     Corporate consumer services intranet
     Complete redesign of the corporate and residential flooring sections
     Strategy and sales force extranet
     Market localization and e-commerce solutions
     Online brand management and E-dentity
     Branding and promotion of websites
     Multi media development and production
     E-commerce strategy and banner development
     Site marketing and promotion case study
     E-strategy planning and implementation
     E-media buying and production

     In addition to providing services to other businesses, Tamasik will
continue to develop its own website with the objective to have an online
shopping and auction site that people from all walks of life can feel
comfortable visiting.  Tamasik's unique shopping portal translates into
English, Korean, Chinese and Japanese.  Tamasik has linked with more than
300 online stores including Dell Computer, Amazon, CD Now, Progressive,
Etoys, Fogdog, Beyond, Swiss Army, Officemax, Disney.com, Travelocity,
Skymall, Priceline, Up4Sale and more.

     Tamasik also targets companies with existing websites who would like to
advertise their company, products and services to Tamasik's audience.  The
target company chooses the language site that they would like to advertise
on and the type of advertisement they prefer.  Advertisements come by way of
Sponsorships, Banners, Stores of the Week and Listings.  Tamasik also
provides e-commerce solutions for businesses that either do not yet have a
website, or that have a website and would like it translated into another
language.

     Currently, Tamasik is taking advantage of the enormous need for website
development in the Asian American markets.  Through heavy advertising on the
first page of the Chinese World Journal and Korea Times, Tamasik is building
a presence in the Asian American community.

Competition

     Tamasik believes it is competitive because Tamasik uses human
programmers and designers to translate websites whereas competitors do not.
Many other companies who translate websites simply develop the website in
English, and then use software to translate the site into multiple
languages.  The problem with that method is that translation errors occur
frequently.  At Tamasik, bilingual contract employees will develop the
websites, eliminating the translation errors.

     The Company will be competing with many other internet based companies
and web developers.  Many of the competitors have more experience, greater
financial and professional resources, and proven operations than the
Company.  There can be no assurance the Company will be able to penetrate
the market and sell its services successfully.

Employees

     The Company does not currently have any employees other than its
officers.  Mr. Stanley Hong directs the operations of Tamasik.  The Company
intends to hire contract employees as needed.

Item 2.  Description of Property.

The Company does not currently own any property.  The Company leases
office space in Flushing, New York at $1,250 per month for twelve months
through June 30, 2001; $1,350 per month through June 30, 2002; and
$1,395.50 per month through June 30, 2003.  The Company paid a $2,500
deposit as a condition of the lease.  The Company believes these facilities
will be adequate for the next three years.

Item 3.  Legal Proceedings.

     No legal proceedings are threatened or pending against the Company or
any of its officers or directors.  Further, none of the Company's officers
or directors or affiliates of the Company are parties against the Company
or have any material interests in actions that are adverse to the Company's
interests.

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

     No matters were submitted during the fourth quarter of the fiscal year
covered by this report to a vote of security holders.

                                 PART II

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

There currently is no trading market for the Company=s $.001 par value
common stock nor has there been a trading market for the Company=s stock
since its inception.

     The Company has not paid, nor declared, any dividends since its
inception and does not intend to declare any such dividends in the
foreseeable future. The Company's ability to pay dividends is subject to
limitations imposed by Utah law. Under Utah law, dividends may be paid to
the extent that the corporation's assets exceed its liabilities and it is
able to pay its debts as they become due in the usual course of business.

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

Results of Operations for the period ending December 31, 2000

     The Company has little cash and has experienced losses from inception.
The Company has not had any revenues from operations in fiscal year 1999.
The Company recognized revenue during 2000 as a result of acquiring Tamasik
and its operations.  As of December 31, 2000, the Company had $1,182 cash
on hand. As of that date, the Company had outstanding liabilities in the
amount of $10,450.  The Company, through its subsidiary, is just starting
its business, and the consolidated entity has a deficit totaling $9,785.

     The Company recognized $39,242 in fees for services and direct costs
of services was $17,274, with a gross profit of $21,968.  Total operating
expenses for the Company were $31,685 resulting in a net loss before other
items of $9,717.  Interest expense was $66 for the year ended December 31,
2000.  The Company realized a net loss of $9,783.

Liquidity and Capital Resources

     The Company has $1,182 in cash and anticipates generating revenue
through the sale of its internet services.  Revenue will be generated by
offering web site development, web page design, web hosting, affiliate
sales commissions, advertisements and e-commerce solutions for merchants.

     The Company has no material commitments for capital expenditures for
the next twelve months.

     As of the date of this report, the Company has yet to generate
positive cash flow from operations. Since inception, the Company has
primarily financed its operations from stockholder advances, the sale of
common stock and officer loans. The Company believes that its current cash
needs can be met with the cash on hand, revenues and loans from officers
and directors for at least the next twelve months. However, it may be
necessary to raise additional capital in order to pursue certain business
opportunities. This may be accomplished by selling common stock of the
Company.

Item 7.  Financial Statements.

     The financial statements of the Company appear at the end of this
report beginning with the Index to Financial Statements on page F-1.

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.

     The following table sets forth the name, age, position and office term
of each executive officer and director of the Company as of December 31,
2000.

Name                Age  Position                  Director or Officer Since

Kitty Chow          57   President and Director        December, 1997

Kuen Chu            54   Secretary, Treasurer and      April, 1994
                         Director

Shui Yuen Chan      61   Director                      December, 1997


All officers hold their positions at the will of the Board of
Directors.  All directors hold their positions for one year or until their
successors are elected and qualified.

Set forth below is certain biographical information regarding each of
the Company's executive officers and directors:

Lady Kitty Chow, President and Director, age 57.  Lady Chow graduated
from Tian Chiang University of Taiwan and earned a certificate from New
York University for property appraisal in 1987.  She has been extensively
involved in New York City real estate.  Lady Chow is currently president of
Yen Tung Consulting Corp., which is a real estate/mortgage and building
management company.  Lady Chow has had long term experience in financing
enterprises.  Lady Chow is a Deputy Principal of Beijing Youth Enterprises
Management College.  Lady Chow is also an outstanding member of the
Chinese-American Friendship Trading Association, which is a non-profit
organization with over 280 members in the U.S.

Kuen Chu, Secretary and Director, age 54.  Mr. Chu received a Bachelor
Degree in Mechanical Engineering from City College of New York and has
continued his education by attending the Advanced Interactive Technology
school, an authorized Microsoft Training Center.  A General Engineer in the
US Army, Mr. Chu became a China Business Consultant with Forgamo, Inc. in
May 1986.  He was there until January 93 where he worked with legal and
accounting firms in both Beijing, China and New York.  Since  1993, Mr. Chu
has been a China Business Consultant for Frontier Financial Service Co.,
Ltd. where he is a liaison between client companies and the financial
communities both in China and the United States.  Mr. Chu advises clients
on various merge deals and other financial matters.

Shui Yuen Chan, Director, age 61.  Mr. Chan owns two Chinese
restaurants and a clothing importing company in Nassau County, New York.
Mr. Chan became involved with the China trade in the early 1980's and has
established excellent relationships with certain provincial government
officials in China.  Mr. Chan has been a member of the Chinese Business
Association of New York City since 1986.

Item 10.  Executive Compensation

     The Company's officers and directors do not receive any compensation
for services rendered to the Company, have not received such compensation
in the past, and is not accruing any compensation pursuant to any agreement
with the Company.  However, the officers and directors of the Company
anticipate receiving benefits as beneficial shareholders of the Company's
common stock.

     Mr. Stanley Hong, president of Tamasik, our subsidiary, received
$7,201 for fiscal year end December 31, 2000.  The $7,201 was for his work
associated with website design and engineering and also included payments
related to the use of equipment owned by Mr. Hong.  We do not have any
formal employment agreement with Mr. Hong and will compensate him as
revenues are generated for work performed.

     No retirement, pension, profit sharing, stock option or insurance
programs or other similar programs have been adopted by the Company for the
benefit of its employees.

Employment Contracts and Termination of Employment and Change in Control
Arrangement.

     There are no compensatory plans or arrangements, including payments to
be received from the Company, with respect to any person named in Cash
Compensation set out above which would in any way result in payments to any
such person because of his resignation, retirement, or other termination of
such person's employment with the Company or its subsidiaries, or any
change in control of the Company, or a change in the person's
responsibilities following a change of control of the Company.

Item 11.  Security Ownership of Certain Beneficial Owners and Management.

     The following table sets forth as of March 22, 2001, the name and the
number of shares of the Registrant=s Common Stock, par value $.001 per
share, held of record or beneficially by each person who held of record, or
was known by the Registrant to own beneficially, more than 5% of the
8,239,903 issued and outstanding shares of the Registrant=s Common Stock,
and the name and shareholdings of each director and of all officers and
directors as a group.  Except as otherwise indicated, the persons named in
the table have sole voting and dispositive power with respect to all shares
beneficially owned, subject to community property laws where applicable.


Title of  Name and Address of     Amount and Nature of  Percentage of Class
Class     Beneficial Owner        Beneficial Ownership

Common    Kitty Chow (1)(4)                 -0-                 -0-
          633 Franklin Avenues,
          Suite 265
          Nutley,  New Jersey  07110

Common    Kuen Chu (1)(2)(4)              655,696             7.95%
          11 Hickory Street
          Bloomfield, NJ  07003

Common    Shui Yuen Chan (1)(3)         3,344,125           40.58%
          2 Jay Court
          Sayville, NY  11782

Common    ACC Jin Tai Industrial
          Group, Inc.(4)                3,344,125           40.58%
          149-48 Beech Avenue
          Flushing,  New York  11355

Common    PH Gold Financial Company       644,000            7.81%
          11 Hickory Street
          Bloomfield,  NJ  07003

Common    Stanley Hong                  3,395,525           41.20%
          145-27 13 Avenue
          Whitestone, NY  11257
--------------------------------------------------------------------------

Common    Officers and Directors        3,999,821           48.54%
as a Group: 3 people

(1)  Officer and/or director.

(2)  Mr. Chu owns 11,696 shares directly and as a control person of PH Gold
Financial Company, Mr. Chu is considered beneficial owner of the 644,000
shares held by PH Gold Financial Company.

(3)  Mr. Chan is the president of ACC Jin Tai Industrial Group, Inc., and
as such is considered to have beneficial ownership of the 3,344,125 shares
held by ACC Jin Tai Industrial Group, Inc.

(4)  Ms. Chow and Mr. Chu are shareholders of ACC Jin Tai Industrial Group,
Inc., but do not have control positions nor are they officers or directors
of that Company and therefore are not considered to have any beneficial
ownership through ACC Jin Tai Industrial Group, Inc.

There are no contracts or other arrangements that could result in a
change of control of the Company.

Item 12.  Certain Relationships and Related Transactions.

     The Company paid $7,201 to Stanley Hong, Tamasik's president for his
work associated with website design and engineering.  Also included in the
$7,201 were payments related to the use of equipment owned by Mr. Hong.

     Mr. Chan advanced money to the Company to pay for expenses not covered
by the operations of the Company.  Mr. Chan loaned $4,000 to the Company.
The note is due upon demand, unsecured and carries an interest rate of 10%
per annum.

     Subsequent to year end, officers and directors of the Company have
advanced money to cover operating expenses of the Company.

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

Reports on Form 8-K

     A report on Form 8-K was filed with the Securities and Exchange
Commission on November 29, 2000.  The Company's Form 10-SB registration
statement was filed on June 8, 2000 and two amendments to the Articles of
Incorporation were inadvertently left out of the filing.  The purpose for
the 8-K report was to file, with the Securities and Exchange Commission,
copies of Articles of Amendment to the Articles of Incorporation of Pacific
International Holding, Inc. dated March 18, 1998 and March 30, 1998 and
thereby have on record, a complete history of the Company's Articles of
Incorporation and all amendments thereto.

Exhibits

Exhibit
Number    Title of Document             Location

10.1      Promissory Note               Attached


                               SIGNATURES

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

                                   Pacific International Holding, Inc.


Date: March 30, 2001               By: /s/ Kitty Chow
                                      --------------------------
                                   Kitty Chow, President


Date: March 30, 2001               By: /s/ Kuen Chu
                                      --------------------------
                                   Kuen Chu, Secretary and Treasurer

     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.


Date: March 30, 2001               By: /s/ Kitty Chow
                                      -------------------------
                                   Kitty Chow, Director

Date: March 30, 2001               By: /s/ Kuen Chu
                                      -------------------------
                                   Kuen Chu, Director

Date: March 30, 2001               By: /s/ Shui Yuen Chan
                                      -------------------------
                                   Shui Yuen Chan, Director






           Pacific International Holding, Inc. and Subsidiary
                      (Development Stage Companies)

                    Consolidated Financial Statements

           From Inception (June 9, 2000) to December 31, 2000

                                  with

                      Independent Auditor's Report




           Pacific International Holding, Inc. and Subsidiary
                     ( Development Stage Companies)


                                CONTENTS


                                                                  PAGE


Independent Auditor's Report                                         1

Consolidated Balance Sheet                                           2

Consolidated Statement of Operations                                 3

Consolidated Statement of Stockholders' Equity                       4

Consolidated Statement of Cash Flows                                 5

Notes to Consolidated Financial Statements                           8



[Letterhead]


Independent Auditor's Report


Board of Directors
Pacific International Holding, Inc. and Subsidiary


I have audited the accompanying consolidated balance sheet of Pacific
International Holding, Inc. and Subsidiary  (development stage companies)
as of December 31, 2000 and the related consolidated statements of
operations, stockholders' equity and cash flows from inception (June 9,
2000) to December 31, 2000. These financial statements are the
responsibility of the Company's management. My responsibility is to express
an opinion on the financial statements based on my audit.

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

In my opinion, the financial statements referred to above present fairly,
in all material respects, the financial position of Pacific International
Holding, Inc. and Subsidiary (development stage companies) as of December
31, 2000, and the consolidated results of their operations and their
consolidated  cash flows from inception (June 9, 2000) to December 31, 2000
in conformity with generally accepted accounting principles.

As discussed on Notes 1 and 7, the Company and its subsidiary have been in
the development stage since their inceptions. The Company, through its
subsidiary, is just starting its business, and the consolidated entity has
a deficit totaling $9,785. Realization of a major portion of the assets is
dependent upon the Company's ability to meet its future financing
requirements, and the success of future operations. These factors raise
substantial doubt about the Company's ability to continue as a going
concern.

/s/ David T. Thomson, P.C.

Salt Lake City, Utah
March 21,  2001



            PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY
                      ( Development Stage Companies )
                        CONSOLIDATED BALANCE SHEET


                          ASSETS
                                                    December 31,
                                                       2000
                                                      -------
CURRENT ASSETS:
  Cash                                               $ 1,182
  Refund due - overpaid commissions                      673
                                                      -------
     Total Current Assets                              1,855
                                                      -------
OTHER ASSETS:
  Deposit                                              2,500
                                                      -------
     Total Other Assets                                2,500
                                                      -------
TOTAL ASSETS                                         $ 4,355
                                                      =======
            LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable                                   $ 6,080
  Accrued liabilities                                    370
  Note payable to director                             4,000
                                                      -------
     Total Current Liabilities                        10,450
                                                      -------
STOCKHOLDERS' EQUITY (DEFICIT)
  Common stock, $0.001 par value,
   60,000,000 shares authorized,
   8,239,903 shares issued and outstanding             8,240

  Capital in excess (discount) of par                 (4,550)
  Deficit accumulated during development stage        (9,785)
                                                      -------
     Total Stockholders' Equity                       (6,095)
                                                      -------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY           $ 4,355
                                                      =======

The accompanying notes are an integral part of these consolidated financial
statements.


            PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY
                      ( Development Stage Companies)

                   CONSOLIDATED STATEMENT OF OPERATIONS


                                                     From Inception
                                                     (June 9, 2000)
                                                          to
                                                    December 31, 2000
                                                    -----------------


FEES FOR SERVICES                                     $ 39,242

DIRECT COST OF SERVICES                                (17,274)
                                                       --------
GROSS PROFIT                                            21,968

OPERATING EXPENSES
 Advertising                                             4,880
 Rent expense                                            7,750
 Legal and professional fees                             8,914
 General and administrative                             10,141
                                                        ------
    Total Operating Expenses                            31,685
                                                        ------
NET INCOME (LOSS) BEFORE OTHER ITEMS                    (9,717)

OTHER INCOME (EXPENSE)
  Interest expense                                         (66)
                                                        ------
NET INCOME (LOSS)                                     $ (9,783)
                                                        ======
EARNINGS (LOSS) PER SHARE                             $  (0.00)
                                                        ======


The accompanying notes are an integral part of these consolidated financial
statements.


            PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY
                      ( Development Stage Companies )
              CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

                                                       Deficit
                                         Capital in  Accumulated
                                           Excess     During the
                         Common Stock     (Deficit)   Development
                       Shares    Amount    of Par       Stage       Total
                     ---------  --------- --------  ------------  --------
BALANCE,
at November 3,               0  $     0   $      0   $       0    $     0
 1986 (Inception)

*Shares issued to
 initial stockholders
 for cash,
 November 3, 1986
 at $.01 per share     200,000    2,000          0           0      2,000

*Shares issued to
 initial stockholders
 in exchange for
 Millsite Lease
 assignment,
 November 1896 at
 $.01 per share        802,500    8,025          0           0      8,025

*Net income (loss)
 from November 3,
 1986 (inception) to
 December 31, 1986           0        0     (1,078)          0     (1,078)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1986   1,002,500   10,025     (1,078)          0      8,947

*Net income (loss)
 for the year ended
 December 31, 1987           0        0        906           0        906
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1987   1,002,500   10,025      (172)           0      9,853

*Capital contributed
 by related party            0        0      1,050           0      1,050

Net income (loss)
 for the year ended
 December 31, 1988           0        0    (10,348)          0    (10,348)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1988   1,002,500   10,025     (9,470)          0        555

*Net income (loss)
 for the year ended
 December 31, 1989           0        0       (184)          0       (184)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1989   1,002,500   10,025     (9,654)          0        371

*Net income (loss)
 for the year ended
 December 31, 1990           0        0       (180)          0       (180)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1990   1,002,500   10,025     (9,834)          0        191

*Net income (loss)
 for the year ended
 December 31, 1991           0        0       (161)          0       (161)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1991   1,002,500   10,025     (9,995)          0         30

*Net income (loss)
 for the year ended
 December 31, 1992           0        0        (24)          0        (24)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1992   1,002,500   10,025    (10,019)          0          6

*Capital contributed
 by stockholder              0        0        782           0        782

*Net income (loss)
 for the year ended
 December 31, 1993           0        0       (788)          0       (788)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1993   1,002,500   10,025    (10,025)          0          0

*Change in authorized
 shares from 5,000,000
 to 50,000,000 and
 par value from $.01
 to $.001                    0   (9,023)     9,023           0          0

*Shares issued for
 professional
 compensation and for
 consulting services
 at par value of
 $.001 per share     8,000,000    8,000          0           0      8,000

*Capital contributed
 by related party            0        0         25           0         25

*Net income (loss)
 for the year ended
 December 31, 1994           0        0      (8,125)         0     (8,125)
                     ---------   ------     -------     ------     ------
BALANCE,
 December 31, 1994   9,002,500    9,002      (9,102)         0       (100)

*Capital contributed
 by related party            0        0          25          0         25

*Net income (loss)
 for the year ended
 December 31, 1995           0        0        (171)         0       (171)
                     ---------   ------     -------     ------     ------
BALANCE,
 December 31, 1995   9,002,500    9,002      (9,248)         0       (246)

*Capital contributed
 by related party            0        0          25          0         25

*Net income (loss)
 for the year ended
 December 31, 1996           0        0        (179)         0       (179)
                     ---------   ------     -------     ------     ------
BALANCE,
 December 31, 1996   9,002,500    9,002     (9,402)          0       (400)

*Reverse split on a
 basis of 1 for 10  (8,102,277)  (8,102)     8,102           0          0

*Capital contributed
 by related party            0        0         25           0         25

*Net income (loss)
 for the year ended
 December 31, 1997           0        0      (188)           0       (188)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1997     900,223      900    (1,463)           0       (563)

*Sale of stock to
 a corporation for
 cash at $.001 par   3,344,155    3,344          0           0      3,344

*Sale of stock to
 certain
 individuals for
 cash at $.001 par     600,000      600          0           0        600

*Capital contributed
 by related party            0        0      9,652           0      9,652

*Net income (loss)
 for the year ended
 December 31, 1998           0        0    (16,567)          0    (16,567)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1998   4,844,378    4,844     (8,378)          0     (3,534)

*Capital contributed
 by related party            0        0     10,239           0     10,239

*Net income (loss)
 for the year ended
 December 31, 1999           0        0     (6,190)          0     (6,190)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 1999   4,844,378    4,844     (4,329)          0        515

*Issuance of common
 stock to acquire
 Tamasik Technologies,
 Corp, November 2000
 at par and
 discounted value    3,395,525    3,396     (2,221)          0      1,175

Capital contributed
 by related party            0        0      2,000           0      2,000

Net income (loss)
 for the year
 ended December
 31, 2000                    0        0          0      (9,785)    (9,785)
                     ---------   ------    -------      ------     ------
BALANCE,
 December 31, 2000   8,239,903   $8,240    $(4,550)   $ (9,785)   $(6,095)
                     =========   ======    =======      ======     ======

* After the effect of recapitalization

The accompanying notes are an integral part of these consolidated financial
statements.


            PACIFIC INTERNATIONAL HOLDING, INC. AND SUBSIDIARY
                      ( Development Stage Companies )
                   CONSOLIDATED STATEMENT OF CASH FLOWS
                                                     From Inception
                                                     (June 9, 2000)
                                                           to
                                                   December 31, 2000
                                                   -----------------
CASH FLOWS FROM OPERATING ACTIVITIES
 Cash received for services                           $ 39,242
 Cash paid expenses                                    (41,557)
                                                       -------
  Net cash used in operating activities                 (2,315)
                                                       -------
CASH FLOWS FROM INVESTING ACTIVITIES
 Cash from acquisition treated as a recapitalization     1,497
                                                       -------
CASH FLOWS FROM FINANCING ACTIVITIES
 Capital contributed by related party                    2,000
                                                       -------
NET INCREASE (DECREASE) IN CASH                          1,182
CASH AT BEGINNING OF PERIOD                                  0
                                                       -------
CASH AT END OF PERIOD                                  $ 1,182
                                                       =======
RECONCILIATION OF NET INCOME (LOSS) TO NET
 CASH PROVIDED (USED) BY OPERATING ACTIVITIES

NET INCOME (LOSS)                                      $(9,785)

Adjustments to reconcile net (loss) to net cash
 provided (used) by operating activities
   Common stock issued for services                      3,396
   Changes in assets and liabilities
    Decrease in prepaid expenses                         1,000
    Increase in refund due - overpaid commissions         (673)
    Increase in deposit                                 (2,500)
    Increase in accounts payable                         6,080
    Increase in accrued expenses                           167
                                                        ------
        Total Adjustments                                7,470
                                                        ------
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES       $(2,315)
                                                        ======
NONCASH TRANSACTIONS
 Common stock issued for services                      $ 3,396
 Common stock issued for acquisition of
   Tamasik Technologies Corporation                    $(6,550)
                                                        ======
The accompanying notes are an integral part of these consolidated financial
statements.


           Pacific International Holding, Inc. and Subsidiary
                      (Development Stage Companies)

               NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE   1  -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization  -  Pacific International Holdings, Inc.(Pacific) was
organized November 3, 1986 under the laws of the State of Utah under
the name Pine Bird Mining & Milling, Inc. On April 1, 1994, Pacific
changed its name to Pacific International Holding, Inc. The business
purpose of Pacific was to seek potential business ventures which would
allow for long term growth. The Company's offices are located in
Flushing New York.  Since its inception Pacific has had no operating
revenue. Pacific has elected a fiscal year end of December 31st.
Pacific is considered a development stage company as defined in No. 7.
During November 2000, Pacific acquired Tamasik Technologies
Corporation (Tamasik) pursuant to a plan of reorganization through the
issuance 3,395,525 of its common stock for all the issued and
outstanding shares of common stock of Tamasik (See note 2)

Pacific and Tamasik have at the present time, not paid any dividends
and any dividends that may be paid in the future will depend upon the
financial requirements of Pacific and Tamasik and other relevant
factors. Pacific expended all of its assets during 1993 and has been
basically dormant through 1997.  Pacific had expenses during 1999 and
1998 which were related to costs associated with its search for new
business, discussions with potential business partners and tentative
efforts to merge with businesses in China. Officers and stockholders
of Pacific have been contributing cash to pay expenses required to
maintain it's good standing with the State of Utah and to maintain its
existence and to provide working capital for its activities initiated
in 1998.

Consolidation policy  - The consolidated financial statements at
December 31, 2000, include the accounts of Pacific and its wholly-
owned operating subsidiary. Intercompany transactions and balances
have been eliminated in consolidation

Net Earnings Per Share  -  The computation of net income (loss) per
share of common stock is based on the weighted average number of
shares outstanding during the period presented.

Income Taxes  -  The Company provides for income taxes based on the
liability method, which required recognition of deferred tax assets
and liabilities based on differences between financial reporting and
tax bases of assets and liabilities measured using enacted tax rates
and laws that are expected to be in effect when the differences are
expected to reverse.

Revenue Recognition   -   The Company recognizes revenue for its
services at the time the services have been completed.

Cash and Cash Equivalents  -  For purposes of the statement of cash
flows, the Company considers all highly liquid debt instruments
purchased with a maturity of three months or less to be cash
equivalents.

Use of Estimates  -  The preparation of financial statements in
conformity with generally accepted accounting principles requires
management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and the
reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.

Advertising - The Company expenses advertising costs as they are
incurred.  The amounts paid for advertising in December 31, 2000 was
$4,880.

NOTE   2  -  PLAN OF REORGANIZATION AND BASIS OF PRESENTATION

Effective November 10, 2000, Pacific completed a reorganization
transaction with and into Tamasik.  Under the terms of the transaction
all of Tamasik's common stock was exchanged for 3,395,525 shares of
common stock of Pacific and Tamasik became a wholly owned subsidiary
of Pacific. Tamasik is a Utah Corporation.  Tamasik was formed to
provide via the internet, online e-commerce solutions to merchants
through online auctions and online shopping.  Tamasik also provides
web development and web page design, web hosting, affiliate sales
commissions, advertisements, and e-commerce solutions for merchants.
All of Tamarisk's revenue to date is from fees for the above services.
Tamasik's offices are located in Flushing, New York. Tamasik is just
starting its planned principle operations (the inception of Tamasik
was June 9, 2000) and is considered a development stage company as
defined in  SFAS No. 7.

At the time of the reorganization, all of Tamasik's common stock was
owned by an individual.  Since this individual became a major
stockholder of Pacific  at the time of the reorganization, and the
Company was basically dormant, and Tamasik had revenue, operations and
business activity, for financial reporting purposes, Tamasik is
considered the acquiror and therefore the predecessor, and Pacific is
considered the acquiree for accounting reporting purposes.  Due to the
fact that the reorganization is being treated as a reverse
acquisition, the equity of the Company has been recapitalized for
financial reporting purposes.  Operations of Pacific have been
included in consolidation from November 1, 2000 to the year end
December 31, 2000.

NOTE   3  -  EQUITY TRANSACTIONS

Tamasik on June 9, 2000 issued 3,395,525 shares of $.001 par value
common stock at par value in exchange for services which at the time
of exchange were deemed to have a value of $3,396.  These shares were
then later exchanged for stock of Pacific International Holding, Inc.
(see note 2)

NOTE   4  -  COMMITMENTS AND AGREEMENTS

The Company has leased office space in Flushing, New York at $1,250
per month for twelve months through June 30, 2001; $1,350 per month
through June 30, 2002; and $1,395.50 per month through June 30, 2003.
The Company paid a $2,500 deposit as a condition of the lease.

As part of some of the contracts for services entered into with
clients, the Company has included a one year of free hosting as part
of the fee paid for its services.

NOTE   5  -  RELATED PARTY TRANSACTIONS

Of the $17,274 of costs attributed to direct expenses related to
service revenue, $7,201 was paid to the Tamasik's President and sole
stockholder, at that time,  for his work associated with website
design and engineering.  Also included in the $7,201 amount paid were
payments related to the use of equipment owned by the President and
sole stockholder for website design and engineering and other revenue
activities provided by Tamasik as described above in Note 2.

NOTE   6  -  INCOME TAXES

The Company and Tamasik will file separate Federal and State Corporate
tax returns.

Due to losses at December 31, 2000 and 1999 for Pacific and operating
losses every year, but one, since inception, no provision for income
taxes have been provided on these financial statements for Pacific.
There are no deferred income taxes resulting from income and expense
items being reported for financial accounting and tax reporting
purposes in different periods for Pacific or Tamasik.  Pacific has not
filed its Federal tax returns since its inception.  It has no
operating loss carryforwards because losses it has had since inception
have not been established for tax purposes by the filing of applicable
tax returns.  It is management's intention to file the required
Federal tax returns. The Company has filed its Utah State tax returns.

Tamasik for tax purposes has an estimated  loss at December 31, 2000
of $3,329, and thus no provision for income taxes has been made.  The
loss can be carried forward to future periods to offset income and
expires in the year 2020.  A valuation allowance of $499 has been
established for the tax credit which is not expected to be realized.

NOTE   7  -  GOING CONCERN

Pacific and Tamasik have experienced losses from their inceptions
through December 31, 2000. The consolidated entity has limited capital
and a working capital deficit of $8,595. The Company to date through
it subsidiary has yet to generate any income from operations.
Officers of the Company have been paying expenses of the Company
required to maintain it's good standing with the State of Utah, to
maintain it's existence and to pay expenses not covered by its
business operations. . In light of these circumstances, the ability of
the Company to continue as a going concern is substantially in doubt.
The financial statements do no included any adjustments that might
result from the outcome of this uncertainty.

Management plans are to take steps necessary to have its business
activities become profitable enough to maintain it existence and to
provide profitable future operations.  To do so the Company may need
to raise additional capital through equity or lending funding.

NOTE   8  -  SUBSEQUENT EVENTS

Subsequent to year-end, from time to time, officers, directors and
stockholders of the Company have advanced money to the Company to pay
expenses not covered by the operations of the Company.

NOTE   9  -  NOTE PAYABLE TO DIRECTOR

A Director of the Company has loaned $4,000 to the Company.  The note
is due upon demand, unsecured and carries an interest rate of 10% per
annum.