U.S. SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C.  20549

                             FORM 10-KSB

[X]  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

For the fiscal year ended December 31, 2003    Commission File No. 333-96257

[  ] Transition Report Pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934

     For the transition period from           to           .

                        POWER MARKETING, INC.
            (Name of small business issuer in its charter)

           Delaware                                      13-3851304
     State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization                     Identification No.)

       46 Water Street, South Glastonbury, Connecticut   06073
               (Address of principal executive offices)

                            (860) 633-8812
         (Registrant's telephone number, including area code)

    311 South State Street, Suite 460, Salt Lake City, Utah 84111
(Former name, former address and former fiscal year, if changed since last
report)

Securities registered under Section 12(b) of the Exchange Act:  None
Securities registered under Section 12(g) of the Exchange Act:  None

Check whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the Issuer 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 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 Issuer'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. (Not applicable)                  [   ]

The Issuer's revenues for its most recent fiscal year.    $      0.00

As of March 29, 2004, the aggregate market value of voting stock held by
non-affiliates was approximately $740,000

The number of shares outstanding of the Issuer's common stock at December 31,
2003: 1,250,000

The number of shares outstanding of the Issuer's common stock at March 29,
2004: 1,750,000

<PAGE>

                                PART I

ITEM 1.   DESCRIPTION OF BUSINESS

     (A)  BUSINESS DEVELOPMENT.

     Power Marketing, Inc., a development stage company, was incorporated
under the laws of the State of Delaware on August 1, 1995.  In connection with
its organization, the founder contributed $28,500 cash to initially capitalize
Power Marketing in exchange for 950,000 shares of common stock. On September
19, 1995, Power Marketing commenced a public offering in reliance upon Rule
504 of Regulation D, promulgated by the U.S. Securities & Exchange Commission
under the Securities Act of 1933.  50,000 shares of common stock were offered
and sold and the offering closed in October, 1995.

     In November-December, 1999, management of Power Marketing decided to
engage in a new line of business, and raised additional capital for this
purpose.  Power Marketing sold 250,000 shares of common stock in a non public
offering, at $.20 per share, and raised gross proceeds of $50,000. This
increased the total issued and outstanding common stock to 1,250,000 shares.
The Company then registered a public offering of its securities.  Power
Marketing declared a distribution of 1,250,000 common stock purchase warrants
to shareholders of record as of July 10, 2000.  The Company filed with the
Securities and Exchange Commission a registration statement on Form SB-2,
which became effective June 22, 2000.  Pursuant thereto the Company then
distributed 1,250,000 warrants.  The warrants were exercisable at $1.00 per
share, on or before June 30, 2002. The warrants have now expired, and no
securities were ever sold pursuant to the offering.

     On January 30, 2004, the Company resolved to issue 500,000 shares of its
authorized but previously unissued common stock for $10,000 cash, to be used
to provide working capital to discharge outstanding payables and pay
anticipated expenses. This increased the total issued and outstanding common
stock to 1,750,000 shares.

     (B)  BUSINESS OF COMPANY.

      Power Marketing was initially formed to engage in the infomercial
business marketing hair products.  This business was not successful and
operations were eventually discontinued.  Management of Power Marketing then
decided to engage in the business of wine investing, to take advantage of what
management believed was a money making opportunity that could be realized
through buying, selling and investing in select vintages of wines.

     This business also was not successful and operations were eventually
discontinued. In January 2002, the Company sold its investments in champagne
and wine, which had a carrying value of $153,571, to an officer/shareholder of
the Company, for $130,535. $117,950 of the sales proceeds was offset against
the Company's liability owing to the officer/shareholder. Even though the

<PAGE>

transaction resulted in a loss of $23,036 to the Company, management believes
the terms were no less favorable to the Company than could be obtained from
unaffiliated parties. Because this business was not successful and the
inventory was eventually liquidated, operations were discontinued as of
December 31, 2002.

     On September 9, 2003, certain persons purchased 875,000 shares of the
registrant's outstanding common stock from Elvena, Inc., an entity wholly-
owned by Mr. Lynn Dixon of Salt Lake City, Utah.  These shares represent 70%
of the registrant's issued and outstanding common stock.  In connection with
the change in control, Mr. Lynn Dixon resigned as the sole officer/director of
the registrant and Mr. John Furlong was appointed as the sole director,
president and Secretary-Treasurer of the registrant.

     The persons who purchased the 875,000 shares are as follows:

     NAME                                         NUMBER OF SHARES

     Harpoon Capital, LLC                              250,000

     White House Partners                              250,000

     Alta Investments LLC                              250,000

     Lynden Capital Management LLC                     125,000


     The registrant intended to actively pursue negotiations regarding a
potential acquisition in the gaming industry. On October 17, 2003, Power
Marketing, Inc. announced that it had entered into a Letter of Intent to
acquire all of the issued and outstanding common stock of The Holder
Hospitality Group, LLC, a privately-held Nevada business with its principal
headquarters located in Reno, Nevada. The proposed acquisition was subject to
certain conditions including the approval of the transaction by the Nevada
Gaming Control Board.  The proposed acquisition, if completed, would have
involved common and preferred stock issuances which result in a change in
control of the Company, change of management, change of corporate name, change
of corporate headquarters and other significant matters.

     On March 1, 2004, Power Marketing, Inc. announced that it had canceled
the Letter of Intent to acquire all of the issued and outstanding common stock
of The Holder Hospitality Group.   The Company is not presently engaged in
any significant business activities and has no operations. Presently the
Company's principal activity has been to investigate potential acquisitions.
However, the Company has not located any other suitable potential business
acquisition and has no plans, commitments or arrangements with respect to any
potential business venture. There is no assurance the Company could become
involved with any business venture, especially any business venture requiring
significant capital.

<PAGE>

ITEM 2.   DESCRIPTION OF PROPERTY.

     Power Marketing has no office facilities and does not presently
anticipate the need to lease commercial office space or facilities, but for
the time being uses the address of the President as the business address.
There is no assurance regarding the length of time the present arrangement may
continue.

ITEM 3.   LEGAL PROCEEDINGS.

     The Company is not a party to any material pending legal proceedings
and, to the best of its knowledge, no action has been threatened by or against
the Company.

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

     No matter was submitted to a vote of security holders through the
solicitation of proxies or otherwise during the fourth quarter of the fiscal
year covered by this report.

                               PART II

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

     (A)  MARKET INFORMATION.

     Our common stock has been quoted under the symbol PMKT on the Electronic
Bulletin Board known as the OTCBB, which is maintained by the National
Association of Securities Dealers, Inc., but has not been traded in the over-
the-counter market, except on a limited and sporadic basis. The following sets
forth high and low bid price quotations for each calendar quarter during such
portion of the last two fiscal years that trading occurred or quotations were
available. Such quotations reflect inter-dealer prices, without retail mark-
up, mark-down or commission and may not represent actual transactions.

     Quarter Ended                 High                Low
     March 31, 2002                $.35                $.20
     June 30, 2002                 $.35                $.35
     September 30, 2002                 (No quotations)
     December 31, 2002                  (No quotations)

     March 31, 2003                     (No quotations)
     June 30, 2003                      (No quotations)
     September 30, 2003            $.55                $.50
     December 31, 2003            $3.25               $1.10

<PAGE>

     (B)  HOLDERS.

     At February 19, 2004, there were about 83 record holders of the
company's common stock.

     (C)  DIVIDENDS.

     Power Marketing has not previously paid any cash dividends on common
stock and does not anticipate or contemplate paying dividends on common stock
in the foreseeable future.  Management's present intention is to utilize all
available funds for the development of business.  The only restrictions that
limit the ability to pay dividends on common equity or that are likely to do
so in the future, are those restrictions imposed by law.  Under Delaware
corporate law, a corporation may declare and pay dividends only out of its
surplus, as defined, or if there is no surplus, out of its net profits for the
fiscal year in which the dividend is declared and/or the preceding fiscal
year.

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

     Power Marketing, Inc., a development stage company, was incorporated
under the laws of the State of Delaware on August 1, 1995. The Company has
never generated any significant revenues from operations and is still
considered a development stage company.  Power Marketing was initially formed
to engage in the infomercial business marketing hair products.  In November-
December, 1999, management of Power Marketing decided to engage in the
business of wine investing, and raised additional capital for this purpose.
Neither business was successful and operations of both were eventually
discontinued.

PLAN OF OPERATIONS.

     The Company is not presently engaged in any significant business
activities and has no operations or assets. Management's plan of operation for
the next twelve months is to continue to receive shareholder advances to
provide general working capital. The Company's current operating plan is to
(i) handle the administrative and reporting requirements of a public company,
and (ii) search for potential businesses, products, technologies and companies
for acquisition.

     On October 17, 2003, Power Marketing, Inc. announced that it had entered
into a Letter of Intent to acquire all of the issued and outstanding common
stock of The Holder Hospitality Group, LLC, a privately-held Nevada business
with its principal headquarters located in Reno, Nevada.  The proposed
acquisition was subject to certain conditions including the approval of the
transaction by the Nevada Gaming Control Board.  The proposed acquisition, if
completed, would have involved common and preferred stock issuances which
result in a change in control of the Company, change of management, change of
corporate name, change of corporate headquarters and other significant
matters.

<PAGE>

     On March 1, 2004, Power Marketing, Inc. announced that it had canceled
the Letter of Intent to acquire all of the issued and outstanding common stock
of The Holder Hospitality Group.    The Company is not presently engaged in
any significant business activities and has no operations. Presently the
Company's principal activity has been to investigate potential acquisitions.
However, the Company has not located any other suitable potential business
acquisition and has no plans, commitments or arrangements with respect to any
potential business venture. There is no assurance the Company could become
involved with any business venture, especially any business venture requiring
significant capital.

     The accompanying financial statements have been prepared in conformity
with generally accepted accounting principles, which contemplate continuation
of the Company as a going concern. However, the Company has incurred losses
since its inception.  These factors raise substantial doubt about the ability
of the Company to continue as a going concern. In this regard, management is
proposing to raise any necessary additional funds not provided by operations
through loans and/or through additional sales of its common stock.  Management
plans to maintain its filings and curtail operations and activities to keep it
in existence. This may require additional advances from stockholders to pay
accounting and legal fees associated with its filings. There is no assurance
that the Company will be successful in raising this additional capital or in
achieving profitable operations. The financial statements do not include any
adjustments that might result from the outcome of these uncertainties.

ITEM 7.   FINANCIAL STATEMENTS.

     See attached Financial Statements and Schedules.

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

     There are not and have not been any disagreements between the Company
and its accountants on any matter of accounting principles or practices or
financial statement disclosure.

ITEM 8A.  CONTROLS AND PROCEDURES.

     The issuer's principal executive officer or officers and principal
financial officer or officers, or persons performing similar functions, are
responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the issuer and have:

     designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under their supervision,  to
ensure that material information relating to the issuer, including its
consolidated subsidiaries, is made known to them by others within those
entities, particularly during the period in which the periodic reports are
being prepared;

<PAGE>

     designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under their
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

     evaluated the effectiveness of the issuer's disclosure controls and
procedures as of the end of the fiscal year (the "Evaluation Date").

     Based on their evaluation as of the Evaluation Date, their conclusions
about the effectiveness of the disclosure controls and procedures were that
nothing indicated:

     any significant deficiencies in the design or operation of internal
controls which could adversely affect the issuer's ability to record, process,
summarize and report financial data;

     any fraud, whether or not material, that involves management or other
employees who have a significant role in the issuer's internal controls; or

     any material weaknesses in internal controls that have been or should be
identified for the issuer's auditors and disclosed to the issuer's auditors
and the audit committee of the board of directors (or persons fulfilling the
equivalent function).

     Changes in internal control over financial reporting. There was no
significant change in the issuer's internal control over financial reporting
that occurred during the most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the issuer's internal
control over financial reporting.

                               PART III

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

     (A)  IDENTIFY DIRECTORS AND EXECUTIVE OFFICERS. The following table
shows the sole officer and director, his age, and all offices and positions
with Power Marketing. The director is elected for a period of one year and
serves until his successor is duly elected by the stockholders and qualifies.
Officers and other employees serve at the will of the board of directors.

<TABLE>
<S>                  <C>               <C>
                     Term Served As    Positions
Name of Director Age Director/Officer  With Company

John Furlong      41 Since September,  President,
                     2003              Secretary-Treasurer &
                                       Director
</TABLE>

     A brief description of this individual's background and business
experience follows:

<PAGE>

     JOHN FURLONG, has been an independent waste consultant since January,
2003, consulting with various construction companies for their waste removal,
bidding, negotiating and developing fair market costs for multiple sites.
Prior to that, he was Manager of Contract Administration with Enron/Integrated
Process Technologies (January 2001 - March, 2002). From April to September of
2000, he was Regional Sales Manager of the Northeast region for Rudco
Products, Inc. From 1996 to 2000, he was employed with Oakleaf Waste
Management, most recently as Director of New Store and Construction Services
(February, 1999 - February, 2000). From 1985 to 1995, he was a salesman with
Furlong Lumber, Inc. He received his education at the University of
Connecticut, where he was a Business Major in Accounting/Management/Marketing.

     (B)  IDENTIFY SIGNIFICANT EMPLOYEES.  None other than the person
previously identified.

     (C)  FAMILY RELATIONSHIPS.  None

     (D)  INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS.   Except as described
herein, no present officer or director of the Company; 1) has had any petition
filed, within the past five years, in Federal Bankruptcy or state insolvency
proceedings on such person's behalf or on behalf of any entity of which such
person was an officer or general partner within two years of filing; or 2) has
been convicted in a criminal proceeding within the past five years or is
currently a named subject of a pending criminal proceeding; or 3) has been the
subject, within the past five years, of any order, judgment, decree or finding
(not subsequently reversed, suspended or vacated) of any court or regulatory
authority involving violation of securities or commodities laws, or barring,
suspending, enjoining or limiting any activity relating to securities,
commodities or other business practice.

     (E)  AUDIT COMMITTEE FINANCIAL EXPERT.  The issuer does not have an
audit committee financial expert serving on its audit committee, due to lack
of funds. The Company is not presently engaged in any significant business
activities and has no operations or assets.

     COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.  Section 16(a) is
inapplicable.

     CODE OF ETHICS. The issuer has adopted a code of ethics that applies to
it's principal executive officer, principal financial officer, principal
accounting officer or controller, or persons performing similar functions. For
purposes of this Item, the term code of ethics means written standards that
are reasonably designed to deter wrongdoing and to promote: Honest and ethical
conduct, including the ethical handling of actual or apparent conflicts of
interest between personal and professional relationships; Full, fair,
accurate, timely, and understandable disclosure in reports and documents that
the issuer files with, or submits to, the Commission and in other public
communications made by the issuer; Compliance with applicable governmental
laws, rules and regulations;  The prompt internal reporting of violations of
the code to the board of directors or another appropriate person or persons;
and Accountability for adherence to the code. The issuer hereby undertakes to
provide to any person without charge, upon request, a copy of such code of
ethics. Such request may be made in writing to the board of directors at the
address of the issuer.

<PAGE>

ITEM 10.  EXECUTIVE COMPENSATION.

     The Company has not paid any cash compensation to its executive officer
to date.

COMPENSATION OF DIRECTORS     None

EMPLOYMENT CONTRACTS AND TERMINATION OF EMPLOYMENT AND CHANGE-IN-CONTROL
ARRANGEMENTS

     The Company has not entered into any contracts or arrangements with any
named executive officer which would provide such individual with a form of
compensation resulting from such individual's resignation, retirement or any
other termination of such executive officer's employment with the Company or
its subsidiary, or from a change-in-control of the Company or a change in the
named executive officer's responsibilities following a change-in-control.

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

     The following table contains stock ownership information about officers
or directors, and other stockholders who we know to be beneficial owners of
more that 5% of our stock. A beneficial owner of stock is any person who has
or shares the power to decide how to vote or whether to dispose of the stock.

<TABLE>
<CAPTION>
                           Title of  Amount & Nature of   % of
Name and Address            Class   Beneficial Ownership  Class
<S>                       <C>       <C>                  <C>
John Furlong                Common     10,000 shares        0.6%
46 Water Street,
South Glastonbury, CT  06073

All officers and            Common     10,000 shares        0.6%
directors as
a group (1 person)

Timothy Kelly               Common    375,000 shares (1)   21.4%
48 Lynden St.
Rye, NY 10580

Scott Straka                Common    230,000 shares (2)   20.6%
34 Readington Rd.
Whitehouse Station, NJ 08889

John R. Tamburrino          Common    130,000 shares (3)    7.4%
88 East Main St.
Mendham, NJ 07945

<PAGE>

                           Title of  Amount & Nature of   % of
Name and Address            Class   Beneficial Ownership  Class

Elizabeth M. Funk (4)       Common    455,000 shares (5)   26%
196 Fern Road
Litchfield, CT 06759

Thomas G. Kimble            Common    180,000 shares (6)   10.3%
311 S. State, Suite 440
Salt Lake City, UT 84111
</TABLE>

     The foregoing amounts include all shares these persons may be considered
to beneficially own regardless of the form of ownership.

Notes:
1)These shares are held of record in Harpoon Capital LLC,  Lynden Capital
  Management LLC and Lynden Capital LP, entities controlled by Mr. Kelly.
2)These shares are held of record individually and in White House Partners,
  Inc., an entity controlled by Mr. Straka.
3)These shares are held of record in Mendham Partners LP, an entity controlled
  by Mr. Tamburrino.
4)Spouse of Stephen P. Funk, who was instrumental in negotiating the proposed
  transaction with The Holder Hospitality Group, and would be considered a
  beneficial owner of stock held directly or indirectly by his spouse.
5)These shares are held of record in McCrae Associates LLC, an entity
  controlled by Ms. Funk. These shares were previously reported to be held of
  record in Alta Investments LLC, another entity controlled by Ms. Funk.
6)These shares are held of record in Devonshire Partners LLC, an entity
  controlled by Mr. Kimble.

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

     The Company has entered into certain transactions during the last two
years, with officers, directors or affiliates of the Company which include the
following:

     In January 2002, the Company sold its investments in champagne and wine,
which had a carrying value of $153,571, to an officer/shareholder of the
Company, for $130,535. $117,950 of the sales proceeds was offset against the
Company's liability owing to the officer/shareholder. Even though the
transaction resulted in a loss of $23,036 to the Company, management believes
the terms were no less favorable to the Company than could be obtained from
unaffiliated parties.

     On September 9, 2003, certain persons purchased 875,000 shares of the
registrant's outstanding common stock from Elvena, Inc., an entity wholly-
owned by Mr. Lynn Dixon of Salt Lake City, Utah.  These shares represent 70%
of the registrant's issued and outstanding common stock.  In connection with
the change in control, Mr. Lynn Dixon resigned as the sole officer/director of
the registrant and Mr. John Furlong was appointed as the sole director,
president and Secretary-Treasurer of the registrant.

     The persons who purchased the 875,000 shares are as follows:

<PAGE>

     NAME                                    NUMBER OF SHARES

     Harpoon Capital, LLC                         250,000
     White House Partners                         250,000
     Alta Investments LLC                         250,000
     Lynden Capital Management LLC                125,000


     The registrant intended to actively pursue negotiations regarding a
potential acquisition in the gaming industry. On October 17, 2003, Power
Marketing, Inc. announced that it had entered into a Letter of Intent to
acquire all of the issued and outstanding common stock of The Holder
Hospitality Group, LLC, a privately-held Nevada business with its principal
headquarters located in Reno, Nevada. The proposed acquisition was subject to
certain conditions including the approval of the transaction by the Nevada
Gaming Control Board.  The proposed acquisition, if completed, would have
involved common and preferred stock issuances which result in a change in
control of the Company, change of management, change of corporate name, change
of corporate headquarters and other significant matters. On March 1, 2004,
Power Marketing, Inc. announced that it had canceled the Letter of Intent to
acquire all of the issued and outstanding common stock of The Holder
Hospitality Group.

     On January 30, 2004, the Company resolved to issue 500,000 shares of its
authorized but previously unissued common stock for $10,000 cash, to be used
to provide working capital to discharge outstanding payables and pay expenses
anticipated in connection with the proposed acquisition of The Holder
Hospitality Group. Cash was received and stock was issued as follows:
<TABLE>
<S>                  <C>                   <C>
                         Cash received          Stock issued

McCrae Associates LLC       $ 5,100            255,000 shares

Harpoon Capital LLC         $   500             25,000 shares

Devonshire Partners LLC     $ 1,600             80,000 shares

White House Partners,Inc.   $ 2,800            140,000 shares

Totals                      $10,000            500,000 shares
</TABLE>

     Except as disclosed in this item, in notes to the financial statements
or elsewhere in this report, the Company is not aware of any indebtedness or
other transaction in which the amount involved exceeds $60,000 between the
Company and any officer, director, nominee for director, or 5% or greater
beneficial owner of the Company or an immediate family member of such person;
nor any relationship in which a director or nominee for director of the
Company was also an officer, director, nominee for director, greater than 10%
equity owner, partner, or member of any firm or other entity which received
from or paid the Company, for property or services, amounts exceeding 5% of
the gross annual revenues or total assets of the Company or such other firm or
entity.

<PAGE>

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

     (A)  EXHIBITS to this report are all documents previously filed which
are incorporated herein as exhibits to this report by reference to
registration statements and other reports previously filed by the Company
pursuant to the Securities Act of 1933 and the Securities Exchange Act of
1934.

     Exhibits required by Item 601 of Regulation S-B.

          31. Certifications required by Rules 13a-14(a) or 15d-14(a).

          32. Section 1350 Certifications

     (B)  REPORTS ON FORM 8-K have not been filed during the last quarter of
the fiscal year ended December 31, 2002. A Form 8-K dated September 9, 2003
reporting Changes in Control of Registrant was filed during the quarter ended
September 30, 2003.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(1) AUDIT FEES

     The aggregate fees billed for each of the last two fiscal years for
professional services rendered by the principal accountant for the audit of
the Company's annual financial statements and review of financial statements
included in the Company's Form 10-Q (17 CFR 249.308a) or 10-QSB (17 CFR
249.308b) or services that are normally provided by the accountant in
connection with statutory and regulatory filings or engagements for those
fiscal years was $7,233 for the fiscal year ended December 31, 2002 and
$ 3,950 for the fiscal year ended December 31, 2003.

(2) AUDIT-RELATED FEES

     The aggregate fees billed in each of the last two fiscal years for
assurance and related services by the principal accountant that are reasonably
related to the performance of the audit or review of the Company's financial
statements was $-0- for the fiscal year ended December 31, 2002 and $-0- for
the fiscal year ended December 31, 2003.

(3) TAX FEES

     The aggregate fees billed in each of the last two fiscal years for
professional services rendered by the principal accountant for tax compliance,
tax advice, and tax planning was $285 for the fiscal year ended December 31,
2002 and $320 for the fiscal year ended December 31, 2003.

<PAGE>

(4) ALL OTHER FEES

     The aggregate fees billed in each of the last two fiscal years for
products and services provided by the principal accountant, other than the
services reported above was $-0- for the fiscal year ended December 31, 2002
and $-0- for the fiscal year ended December 31, 2003.

(5) PRE-APPROVAL POLICIES AND PROCEDURES

     Before the accountant is engaged by the issuer to render audit or non-
audit services, the engagement is approved by the company's the board of
directors acting as the audit committee.

<PAGE>











                           POWER MARKETING, INC.
                       [A Development Stage Company]

                           FINANCIAL STATEMENTS

                             DECEMBER 31, 2003





















<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                           PAGE

        -  Independent Auditors' Report                      1


        -  Balance Sheet, December 31, 2003                  2


        -  Statements of Operations, for the years
             ended December 31, 2003 and 2002
             and from inception on August 1, 1995
             through December 31, 2003                       3


        -  Statement of Stockholders' Equity (Deficit),
             from inception on August 1, 1995 through
             December 31, 2003                               4


        -  Statements of Cash Flows, for the years
             ended December 31, 2003 and 2002
             and from inception on August 1, 1995
             through December 31, 2003                       5


        -  Notes to Financial Statements                   6 - 11








<PAGE>

                       INDEPENDENT AUDITORS' REPORT



Board of Directors
POWER MARKETING, INC.
Salt Lake City, Utah

We have audited the accompanying balance sheet of Power Marketing, Inc. [a
development  stage  company]  at  December  31,  2003,  and  the   related
statements  of operations, stockholders' equity (deficit) and  cash  flows
for  the  years ended December 31, 2003 and 2002 and for the  period  from
inception  on  August 1, 1995 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  audit in accordance with generally  accepted  auditing
standards  in the United States of America.  Those standards require  that
we plan and perform the audit to obtain reasonable assurance about whether
the  financial  statements are free of material  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 audit provides a reasonable  basis  for
our opinion.

In  our opinion, the financial statements audited by us present fairly, in
all material respects, the financial position of Power Marketing, Inc.  as
of  December 31, 2003 and the results of its operations and its cash flows
for  the  years ended December 31, 2003 and 2002 and for the  period  from
inception on August 1, 1995 through December 31, 2003, in conformity  with
generally accepted accounting principles in the United States of America.

The  accompanying  financial statements have been  prepared  assuming  the
Company will continue as a going concern.  As discussed in Note 7  to  the
financial  statements, the Company has incurred losses since its inception
and  has  not  yet been successful in establishing profitable  operations.
Further, the Company has current liabilities in excess of current  assets.
These factors raise substantial doubt about the ability of the Company  to
continue  as  a  going concern.  Management's plans in  regards  to  these
matters  are  also described in Note 7.  The financial statements  do  not
include  any  adjustments  that might result from  the  outcome  of  these
uncertainties.




PRITCHETT, SILER & HARDY, P.C.

February 24, 2004
Salt Lake City, UT

<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

                               BALANCE SHEET



                                  ASSETS

                                                       December 31,
                                                           2003
                                                      ____________
CURRENT ASSETS:
  Cash                                                 $         -
                                                      ____________
        Total Current Assets                                     -

                                                      ____________
                                                       $         -
                                                      ____________


              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)


CURRENT LIABILITIES:
  Accounts payable                                     $     2,035
  Advances payable - related party                           4,837
                                                      ____________
          Total Current Liabilities                          6,872
                                                      ____________


STOCKHOLDERS' EQUITY:
  Preferred stock, $.001 par value,
   500,000 shares authorized,
   no shares issued and outstanding                              -
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   1,250,000 shares issued and
   outstanding                                               1,250
  Additional paid-in capital                                98,747
  Deficit accumulated during the
    development stage                                    (106,869)
                                                      ____________
        Total Stockholders' Equity (Deficit)               (6,872)
                                                      ____________
                                                       $         -
                                                      ____________






 The accompanying notes are an integral part of this financial statement.

                                      -2-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

                         STATEMENTS OF OPERATIONS

                                                           From Inception
                                       For the Year Ended   on August 1,
                                          December 31,      1995 Through
                                       ____________________ December 31,
                                          2003      2002        2003
                                       _________  _________  __________
REVENUE                               $       -  $       -   $       -

EXPENSES:
  General and administrative              7,231          -       7,231
                                       _________  _________  __________
LOSS BEFORE INCOME TAXES                 (7,231)         -      (7,231)

CURRENT TAX EXPENSE                           -          -           -

DEFERRED TAX EXPENSE                          -          -           -
                                       _________  _________  __________
LOSS FROM CONTINUING OPERATIONS          (7,231)         -      (7,231)
                                       _________  _________  __________
DISCONTINUED OPERATIONS:
  Loss from operations of
    discontinued wine
    investment business
    (net of $0 in income
    taxes)                                    -    (11,497)    (81,338)
  Gain (loss) on disposal
    of discontinued wine
    investment business
    operations (net of $0 in
    income taxes)                             -          -           -
  Loss from operations of
    discontinued hair
    product marketing business
   (net of $0 in income taxes)                -          -     (18,990)
  Gain on disposal of
    discontinued hair product
    marketing operations
   (net of $0 in income
    taxes)                                    -          -         690
                                       _________  _________  __________
LOSS FROM DISCONTINUED OPERATIONS             -    (11,497)    (99,638)
                                       _________  _________  __________
NET LOSS                               $ (7,231)  $(11,497)  $(106,869)
                                       _________  _________  __________
LOSS PER COMMON SHARE:
  Continuing operations                    (.01)         -        (.01)
  Operations of discontinued
    wine investment Business                  -       (.01)       (.07)
  Gain (loss) on disposal of
    discontinued wine
    investment operations                     -          -           -
  Operations of discontinued
    hair product
    marketing business                        -          -        (.02)
  Gain on disposal of
    discontinued hair product
    marketing operations                      -          -         .00
                                       _________  _________  __________
  Net Loss Per Common Share            $   (.01)  $   (.01)  $    (.10)
                                       _________  _________  __________

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

                                   -3-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

                STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

               FROM THE DATE OF INCEPTION ON AUGUST 1, 1995

                         THROUGH DECEMBER 31, 2003



                                                           Capital     Deficit
                                                             in     Accumulated
                     Preferred Stock     Common Stock      Excess   During the
                     _______________  __________________   of Par   Development
                     Shares   Amount    Shares    Amount   Value       Stage
                     ______  _______  _________  _______  ________   __________
BALANCE,
 August 1, 1995           -  $     -          -  $     -  $      -   $       -

Issuance of 950,000
 shares common stock
 for cash at $.03
 per share,
 September 1995           -        -    950,000      950    27,550           -

Issuance of 50,000
 shares common stock
 for cash at $.10
 per share, net of
 offering costs of
 $4,950, October 1995     -        -     50,000       50         -           -

Net loss for the
 period ended
 December 31, 1995        -        -          -        -         -     (23,780)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 1995        -        -  1,000,000    1,000    27,550     (23,780)

Net loss for the
 year ended
 December 31, 1996        -        -          -        -         -         (51)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 1996        -        -  1,000,000    1,000    27,550     (23,831)

Net loss for the
 year ended
 December 31, 1997        -        -          -        -         -      (2,168)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 1997        -        -  1,000,000    1,000    27,550     (25,999)

Net loss for the
 year ended
 December 31, 1998        -        -          -        -         -      (1,348)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 1998        -        -  1,000,000    1,000    27,550     (27,347)

Issuance of 250,000
 shares common stock
 for cash at $.20
 per share,
 December 1999            -        -    250,000      250    49,750           -

Net loss for the
 year ended
 December 31, 1999        -        -          -        -         -      (2,482)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 1999        -        -  1,250,000    1,250    77,300     (29,829)

Forgiveness of
 related party debt       -        -          -        -    21,447           -

Net loss for the
 year ended
 December 31, 2000        -        -          -        -         -     (26,850)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 2000        -        -  1,250,000    1,250    98,747     (56,679)

Net loss for the
 year ended
 December 31, 2001        -        -          -        -         -     (31,462)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 2001        -        -  1,250,000    1,250    98,747     (88,141)

Net loss for the
 year ended
 December 31, 2002        -        -          -        -         -     (11,497)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 2002        -        -  1,250,000    1,250    98,747     (99,638)

Net loss for the
 year ended
 December 31, 2003        -        -          -        -         -      (7,231)
                     ______  _______  _________  _______  ________   __________
BALANCE,
 December 31, 2003        -  $     -  1,250,000  $ 1,250  $ 98,747   $(106,869)
                     ______  _______  _________  _______  ________   __________

 The accompanying notes are an integral part of this financial statement.

                                    -4-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

                         STATEMENTS OF CASH FLOWS


                                                            From Inception
                                       For the Year Ended     on August 1,
                                          December 31,       1995 Through
                                      _____________________  December 31,
                                        2003        2002         2003
                                      _________  __________   __________
Cash Flows from Operating Activities:
 Net loss                             $ (7,231)  $ (11,497)   $(106,869)
 Adjustments to reconcile net
  loss to net cash used by operations:
  Amortization                               -           -          500
  Impairment loss                            -           -       23,036
  Changes in assets and liabilities:
   Increase (decrease) in
     accounts payable                    2,035        (650)       2,035
   Increase in accrued
     interest-related party                  -           -        5,617
                                      _________  __________   __________
      Net Cash (Used)
       by Operating Activities          (5,196)    (12,147)     (75,681)
                                      _________  __________   __________
Cash Flows from Investing Activities:
 Organization costs                          -           -         (500)
 Purchase of investment                      -           -     (153,571)
 Proceeds from sale of investment            -     130,535      130,535
                                      _________  __________   __________
      Net Cash Provided (Used)
       by Investing Activities               -     130,535      (23,536)
                                      _________  __________   __________
Cash Flows from Financing Activities:
 Proceeds from sale of common stock          -           -       83,500
 Payment of stock offering costs             -           -       (4,950)
 Proceeds from note
   payable - related party                   -           -      115,830
 Payment on note
   payable - related party                   -           -     (100,000)
 Advances from related party             3,397       1,080      122,787
 Payments on advances
   from related party                        -    (117,950)    (117,950)
                                      _________  __________   __________
      Net Cash Provided (Used)
       by Financing Activities           3,397    (116,870)      99,217
                                      _________  __________   __________
Net Increase (Decrease) in Cash         (1,799)      1,518            -

Cash at Beginning of Period              1,799         281            -
                                      _________  __________   __________
Cash at End of Period                 $      -   $   1,799    $       -
                                      _________  __________   __________

Supplemental Disclosures of Cash Flow information:
 Cash paid during the period for:
   Interest                           $      -   $       -    $       -
   Income taxes                       $      -   $       -    $       -

Supplemental Schedule of Non-Cash Investing and Financing Activities:

 For the Period from Inception on August 1, 1995 Through December 31, 2003:

  On  September  5, 2000, the Company settled a debt consisting  of  a  note
  payable  and accrued interest totaling $121,466 for $100,000.  Because  of
  the related party nature of the note, the gain on settlement was accounted
  for as a contribution to capital.

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

                                    -5-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  - Power Marketing, Inc. ("the Company") was organized  under
  the  laws  of  the State of Delaware on August 1, 1995.  The  Company  was
  formed to engage in the business of television marketing of hair products.
  In  1996,  the  Company discontinued the marketing of hair  products.   In
  1999,  the  Company  purchased  wine and champagne  as  investments.   The
  Company  discontinued its wine investment business effective December  31,
  2002 [See Note 2].  The Company has not generated significant revenues and
  is  considered  a  development stage company as defined  in  Statement  of
  Financial  Accounting Standards No. 7.  The Company has, at present  time,
  not  paid  any dividends and any dividends that may be paid in the  future
  will  depend  upon  the financial requirements of the  Company  and  other
  relevant factors.

  Cash  and Cash Equivalents - The Company considers all highly liquid  debt
  investments purchased with a maturity of three months or less to  be  cash
  equivalents.

  Investment - Investments in wine and champagne are carried at the lower of
  cost or market value.  The Company periodically reviews the carrying value
  of its investments for realization.

  Income  Taxes  - The Company accounts for income taxes in accordance  with
  Statement  of  Financial  Accounting Standards No.  109,  "Accounting  for
  Income  Taxes."   This statement requires an asset and liability  approach
  for accounting for income taxes.

  Discontinued  Operations - The Company has adopted Statement of  Financial
  Accounting Standards No. 144 "Accounting for the Impairment or Disposal of
  Long-Lived  Assets".   SFAS  No.  144 modifies  previous  disclosures  and
  requires additional disclosures for discontinued operations and the assets
  associated with discontinued operations.

  Loss  Per  Share - The Company computes loss per share in accordance  with
  Statement of Financial Accounting Standards No. 128 "Earnings Per  Share,"
  which  requires the Company to present basic and dilutive loss  per  share
  when the effect is dilutive [See Note 8].

  Accounting  Estimates  -  The  preparation  of  financial  statements   in
  conformity  with generally accepted accounting principles  in  the  United
  States  of  America requires management to make estimates and  assumptions
  that   effect  the  reported  amounts  of  assets  and  liabilities,   the
  disclosures  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
  estimated by management.

  Recently   Enacted  Accounting  Standards  -  Statement   of   Financial
  Accounting  Standards ("SFAS") No. 146, "Accounting for Costs Associated
  with  Exit  or  Disposal  Activities", SFAS No.  147,  "Acquisitions  of
  Certain Financial Institutions - an Amendment of FASB Statements No.  72
  and  144  and FASB Interpretation No. 9", SFAS No. 148, "Accounting  for
  Stock-Based  Compensation - Transition and Disclosure - an Amendment  of
  FASB  Statement No. 123", SFAS No. 149, "Amendment of Statement  133  on
  Derivative Instruments and Hedging Activities",

                                    -6-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS


Recently Enacted Accounting Standards [Continued]

and  SFAS  No.  150,  "Accounting  for Certain  Financial  Instruments  with
Characteristics of both Liabilities and Equity", were recently issued.  SFAS
No.  146, 147, 148, 149 and 150 have no current applicability to the Company
or their effect on the financial statements would not have been significant.

NOTE 2 - DISCONTINUED OPERATIONS

  On  December  31,  2002,  the  Company discontinued  its  wine  investment
  business.  The Company has accounted for this disposal in accordance  with
  Statement of Financial Accounting Standards No. 144, "Accounting  for  the
  Impairment or Disposal of Long-Lived Assets".  At December 31,  2003,  the
  Company had no assets or liabilities associated with its discontinued wine
  investment business.

  The  following is a summary of the results of operations of the  Company's
  discontinued wine investment business:

                                                           From Inception
                                     For the Year Ended     on August 1,
                                        December 31,        1995 Through
                                    _____________________   December 31,
                                       2003       2002          2003
                                    _________   _________    __________
         Revenue                    $       -   $      -     $       -
         General and administrative         -    (11,497)      (57,470)
         Impairment loss                    -          -       (23,036)
         Interest expense                   -          -          (876)
         Interest income                    -          -            44
                                    _________   _________    __________
         Net loss                   $       -   $(11,497)    $ (81,338)
                                    _________   _________    __________

NOTE 3 - IMPAIRMENT LOSS ON INVESTMENT

  In  November 1999, the Company acquired champagne from an entity  that  at
  the  time  was  related to a significant shareholder of the Company.   The
  champagne was acquired for $115,830 which was the carryover basis  of  the
  related  entity.  A note payable in the amount of $115,830  was  given  as
  consideration for the champagne.  In December 1999 the Company  paid  cash
  of $37,741 to purchase wine as an investment.  The wine was purchased from
  an unrelated entity.

  In 2001, the Company recorded an impairment loss of $23,036 to reflect the
  net realizable value of the investment.  In January 2002, the Company sold
  its  investments  in champagne and wine to an officer/shareholder  of  the
  Company.  The Company sold its investments, which had an original carrying
  value  of  $153,571,  for $130,535 resulting in a loss  of  $23,036.   The
  Company offset $117,950 of the sales proceeds against its liability  owing
  to the officer/shareholder.

                                     -7-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS


NOTE 4 - CAPITAL STOCK

  Preferred  Stock - The Company has authorized 500,000 shares of  preferred
  stock, $.001 per value, with such rights, preferences and designations and
  to  be issued in such series as determined by the Board of Directors.   No
  shares are issued and outstanding at December 31, 2003.

  Common Stock - During September 1995, in connection with its organization,
  the  Company  issued  950,000  shares of  its  previously  authorized  but
  unissued common stock.  Total proceeds from the sale of stock amounted  to
  $28,500 (or $.03 per share).

  During  October 1995, the Company made a public offering of 50,000 of  its
  previously authorized but unissued common stock.  Total proceeds from  the
  sale  of  stock  amounted to $5,000 (or $.10 per share).   Stock  offering
  costs offset against the proceeds amounted to $4,950.

  During  December 1999, the Company issued 250,000 shares of its previously
  authorized  but unissued common stock.  Total proceeds from  the  sale  of
  stock amounted to $50,000 (or $.20 per share).

  Warrant Distribution - The Company completed a distribution of warrants to
  purchase  1,250,000 shares of common stock at $1.00 per share as a  common
  stock dividend.  The warrants expired on June 30, 2002.

NOTE 5 - INCOME TAXES

  The  Company  accounts for income taxes in accordance  with  Statement  of
  Financial  Accounting  Standards No. 109 "Accounting  for  Income  Taxes".
  SFAS  No.  109  requires  the  Company  to  provide  a  net  deferred  tax
  asset/liability  equal  to  the  expected future  tax  benefit/expense  of
  temporary  reporting differences between book and tax  accounting  methods
  and any available operating loss or tax credit carryforwards.

  The  Company  has  available at December 31, 2003  unused  operating  loss
  carryforwards of approximately $76,500 which may be applied against future
  taxable  income  and  which expire in various  years  through  2023.   The
  Company  has available at December 31, 2003 unused capital loss carryovers
  of  approximately  $23,000  which may be applied  against  future  taxable
  capital gains and which expire in 2007.  Due to substantial changes in the
  Company's  ownership, there will be an annual limitation on the amount  of
  net  operating loss and capital loss carryforwards which can be  utilized.
  The  amount of and ultimate realization of the benefits from the operating
  loss carryforwards for income tax purposes is dependent, in part, upon the
  tax  laws in effect, the future earnings of the Company, and other  future
  events,  the  effects  of  which cannot be  determined.   Because  of  the
  uncertainty  surrounding  the realization of the loss  carryforwards,  the
  Company  has established a valuation allowance equal to the tax effect  of
  the  loss  carryforwards and, therefore, no deferred tax  asset  has  been
  recognized  for the loss carryforwards.  The net deferred tax  assets  are
  approximately  $15,000  and  $14,000 as of December  31,  2003  and  2002,
  respectively,  with an offsetting valuation allowance of the  same  amount
  resulting  in a change in the valuation allowance of approximately  $1,000
  during the year ended December 31, 2003.

                                    -8-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS


NOTE 6 - RELATED PARTY TRANSACTIONS

  Management  Compensation - Officers and directors  have  not  devoted  any
  significant time to the Company's operations nor has the Company paid  any
  compensation to its officers and directors.

  Office  Space - The Company has not had a need to rent office  space.   An
  officer/shareholder  of the Company is allowing the  Company  to  use  his
  office  as  a  mailing address for the Company.  The  cost  is  considered
  nominal and has not been expensed by the Company.

  Shareholder  Advance - During the year ended December 31, 2003,  a  former
  officer/shareholder of the Company advanced $3,397 to the Company.   These
  advances  were  used to pay Company expenses.  At December 31,  2003,  the
  Company owes $4,837 to the former officer/shareholder.  The advances  bear
  no interest and are due on demand.

  Sale of Investments - In January 2002, the Company sold its investments in
  champagne  and wine to a former officer/shareholder of the  Company.   The
  Company  sold  its  investments, which had an original carrying  value  of
  $153,571, for $130,535 resulting in a loss of $23,036. The Company  offset
  $117,950  of the sales proceeds against its liability owing to the  former
  officer/shareholder [See Note 3].

NOTE 7 - GOING CONCERN

  The  Company  was formed with a very specific business plan.  The  Company
  expended  virtually all of its working capital in a relatively short  time
  period   and  was  not  successful  in  establishing  profitable  on-going
  operations.   The  Company later purchased champagne and wine  investments
  but ultimately these operations were also unsuccessful.  Consequently, the
  Company  discontinued  its operations of engaging in television  marketing
  and  investing in champagne and wine.  The Company currently  has  no  on-
  going operations.

  The  accompanying  financial statements have been prepared  in  conformity
  with  generally  accepted accounting principles in the  United  States  of
  America, which contemplate continuation of the Company as a going concern.
  However, the Company has incurred losses since its inception and  has  not
  yet  been successful in establishing profitable operations.  Further,  the
  Company  has  current  liabilities in excess  of  current  assets.   These
  factors  raise  substantial  doubt about the ability  of  the  Company  to
  continue  as a going concern.  In this regard, management is proposing  to
  raise  additional funds through loans, or through additional sales of  its
  common stock or through the acquisition of other companies.  There  is  no
  assurance  that the Company will be successful in raising this  additional
  capital.

                                    -9-
<PAGE>
                           POWER MARKETING, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS


NOTE 8 - LOSS PER SHARE

  The  following data shows the amounts used in computing loss per share for
  the periods presented.

                                                      From Inception
                                 For the Year Ended    on August 1,
                                     December 31,      1995 Through
                               _____________________   December 31,
                                   2003      2002         2003
                               _________   _________    _________
  Loss  from continuing
   operations (numerator)      $ (7,231)   $      -     $  (7,231)

  Loss from discontinued
   wine investment
   operations (numerator)             -     (11,497)      (81,338)

  Gain (loss) on disposal
   of discontinued wine
   investment operations
   (numerator)                        -           -             -

  Loss from discontinued
   hair product marketing
   operations (numerator)             -           -       (18,990)

  Gain on disposal of
   hair product marketing
   operations (numerator)             -           -           690
                               _________   _________    _________
  Loss available to
   common shareholders
   (numerator)                 $ (7,231)   $(11,497)    $(106,869)
                               _________   _________    _________
  Weighted average number
   of common shares
   outstanding used in
   loss per share for the
   period (denominator)        1,250,000   1,250,000    1,119,649
                               _________   _________    _________

  Dilutive  loss per share was not presented, as the Company had  no  common
  stock  equivalent  shares for all period presented that would  affect  the
  computation of diluted loss per share.


NOTE 9 - CHANGE IN CONTROL

  In  September  2003,  a majority shareholder of the  Company  sold  a  70%
  interest  in  the Company's common stock.  This resulted in  a  change  in
  control  of  the  Company.  The former sole officer and  director  of  the
  Company  resigned  and  a  new officer and director  was  appointed.   The
  Company  continues  to  pursue possible business  opportunities  including
  potential mergers and acquisitions.


                                    -10-
<PAGE>

                           POWER MARKETING, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 10 - SUBSEQUENT EVENTS

Termination of Letter of Intent - On October 17, 2003, the Company announced
that it had entered into a Letter of Intent to acquire all of the issued and
outstanding common stock of The Holder Hospitality Group, LLC, a  privately-
held  Nevada  business  with  its principal headquarters  located  in  Reno,
Nevada.   On March 1, 2004, the Company resolved to terminate its Letter  of
Intent  with The Holder Hospitality Group, LLC, based on the report  of  its
legal  counsel that the proposed acquisition was unlikely to be approved  by
the Nevada Gaming Authorities.

Issuance  of  Common  Stock - In January 2004, the  Company  issued  500,000
shares of common stock for $10,000.  The proceeds of the stock sale will  be
used  to  pay  expenses  of  the  Company in  anticipation  of  a  potential
acquisition.



                                       -11-
<PAGE>

                              SIGNATURES

In accordance with Section 12 of the Securities Exchange Act of 1934, the
registrant caused this registration statement to be signed on its behalf by
the undersigned, thereunto duly authorized.


POWER MARKETING, INC.



By:     /s/ John Furlong      Date:  March 29, 2004
     John Furlong, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer


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 the
dates indicated.



By:      /s/ John Furlong    Date:    March 29, 2004
     John Furlong, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer

<PAGE>



Supplemental Information to be Furnished With Reports Filed Pursuant to
Section 15(d) of the Exchange Act by Non Reporting Issuers

No annual report or proxy statement has been sent to security holders.