ARMANDO C. IBARRA
                          CERTIFIED PUBLIC ACCOUNTANTS
                          ( A Professional Corporation)


Armando C. Ibarra,
C.P.A.
Members of the California Society of
Armando Ibarra, Jr.,
C.P.A.
Certified Public Accountants



To the Board of Directors of
Pro Glass Technologies, Inc.
(Formerly Ragen Corporation)
Bay 8, 3927 Edmonton Tr. N.E.
Calgary, Alberta T2E 6T1



We have audited the accompanying balance sheets of Pro Glass Technologies,  Inc.
(Formerly  Pro Glass  Technologies,  Inc.  Canada) as of September  30, 2001 and
2000, and the related  statements of operations,  stockholders  equity, and cash
flows  for  the  years  then  ended.   These   financial   statements   are  the
responsibility of the Companys management.  Our responsibility is to express an
opinion on these statements based on our audit.

We conducted our audit in accordance with generally accepted auditing standards.
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  referred to above present fairly, in
all material respects, the financial position of the Company as of September 30,
2001 and 2000,  and the  results  of its  operations  and its cash flows for the
years then ended, in accordance with generally accepted accounting principles.



 ____________________________
Armando C. Ibarra, CPA


December 11, 2001
Chula Vista, California




                          Pro Glass Technologies, Inc
                  Formerly Pro Glass Technologies, Inc Canada)
                                 Balance Sheet
                        As of September 30, 2001 and 2000


                                      ASSETS
                                                          2001             2000
Current Assets
Cash                                                     25,432         154,423
Accounts receivable                                      52,052          64,815
Other receivable                                            997           1,049
Due from Cal Alta                                       138,831
Inventory                                                14,594           2,667
Earned discounts receivable                              11,534          23,733
Prepaid expense                                           5,517           6,719
Income tax benefit                                      100,132
Total Current Assets                                    349,088         437,646
Net Property & equipment                                 16,511          14,547
Other Assets
Investment                                              150,000
Net intangible assets                                   122,709         152,011
Total Other Assets                                      272,709
TOTAL ASSETS                                          $ 638,307       $ 754,204
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable                                         80,022          53,422
GST payable                                               1,201           4,242
Note payable                                                  0          18,621
Salary payable                                           10,942          40,000
Total Current Liabilities                                92,165
Stockholders' Equity
Common stock, ($0.001 par
value, 50,000,000 shares
authorized; 23,166,449

and 22,692,449 shares issued and
outstanding as of September
30, 2001 and 2000, respectively)                         23,166          22,692
Additional paid-in capital                              830,151         802,185
Retained earnings (deficit)                            (305,529)       (188,501)
Foreign currency translation adjustment                  (1,646)
Total Stockholders' Equity                              546,142
TOTAL LIABILITIES
& STOCKHOLDERS' EQUITY                                  638,307         754,204




                          Pro Glass Technologies, Inc
                 (formerly Pro Glass Technologies, Inc Canada)
                            Statement of Operations
            For the Twelve Months Ended September 30, 2001 and 2000


                                                     2001            2000

                                        -------------------  ------------------
REVENUES

Sales                                          $    714,152        $    800,173

                                        -------------------  ------------------

Total Revenues                                      714,152             800,173


COSTS OF SALES
Glass & moldings                                    315,844             330,005
Sub contractors                                      34,788              34,376
Depreciation & amortization                          24,491              23,801

                                        -------------------  ------------------

Total Costs of Sales                                375,123             388,182

GROSS PROFIT                                        339,029             411,991


GENERAL & ADMINISTRATIVE
EXPENSES                                            503,419             549,907

                                        -------------------  ------------------

Operating Income (Loss)                            (164,390)           (137,916)

Other Income / (Expenses)
Interest income                                           0               2,381
Interest expense                                          0                 (41)

                                        -------------------  ------------------

Total Other Income                                        0               2,340

NET INCOME BEFORE
INCOME TAXES                                       (164,390)           (135,575)

(PROVISION FOR
INCOME TAXES) - BENEFIT                        $     47,362        $     34,346

                                        -------------------  ------------------


NET INCOME / (LOSS)                            $   (117,028)       $   (101,229)

                                        ===================  ==================


BASIC EARNING
(LOSS) PER SHARE                               $      (0.01)       $      (0.00)

                                        ===================  ==================


WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING                        22,022,959          21,999,330

                                        ===================  ==================






                         Pro Gleass Technologies, Inc.
                 (Formerly Pro Glass Technologies, Inc Canada)
                        Statement of Stockholders Equity
             For the Twelve Months Ended Septembe 30, 2001 and 2000


                                               Common       Common    Additional
                                               Shares       Stock     Paid-In
                                                            Amount    Capital

        -----------------------------------------------------------------------

Common shares issued September 1, 1998
for cash @ $.167 per share                      564,000   $      564   $  93,350

Operating loss September 30, 1998                     -            -           -
         -----------------------------------------------------------------------

Balance, September 30, 1998                     564,000          564      93,349
          ----------------------------------------------------------------------


Common shares issued October 1, 1998
to F. Aiello @ $ .02 a share                 15,000,000       15,000     256,605

Common shares issued March 31, 1999
for cash @ $ .068 a share                     1,010,000        1,010      67,670

Common shares issued July 31, 1999
for cash @ $ .068 a share                     1,140,000        1,140      76,380

Contributed capital for services (note 10)            -            -      40,000


Foreign currency translation adjustment               -            -           -
Operating Income September 30, 1999                   -            -           -
                       ------------------------------------------------------
Balance, September 30, 1999                  17,714,000   $   17,714   $ 534,004

          ======================================================================

Recapitalization (note 1)                     3,000,000        3,000     (2,919)

Common shares issued December 7, 1999
for services rendered @ $ .099 a share        1,247,049        1,247     122,459

Common Shares issued January 11, 2000
for services rendered @ $ .106 a share           36,830
                                                             350,000         350

Common Shares issued April 3, 2000
for cash @ $ .27 a share                         67,250
                                                             250,000         250

Common Shares issued April 10, 2000
for cash @ $ .34 a share                         41,171
                                                             121,400         121

Common Shares issued June 14, 2000
for cash @ $ .34 a share
                                                 10,000           10       3,390

Foreign currency translation adjustment               -            -           -

Operating loss September 30, 2000                     -            -           -


         -----------------------------------------------------------------------
Balance, September 30, 2000                  22,692,449   $   22,692   $ 802,185

          ======================================================================


                                               Retained     Total
                                               Earnings
                                              (Deficit)




-------------------------------------------------------------------
Common shares issued September 1, 1998
for cash @ $.167 per share                      $    -    $  93,914


Operating loss September 30, 1998              (61,769)     (61,769)


-------------------------------------------------------------------

Balance, September 30, 1998                    (61,769)      32,144

-------------------------------------------------------------------


Common shares issued October 1, 1998
to F. Aiello @ $ .02 a share                         -      271,605

Common shares issued March 31, 1999
for cash @ $ .068 a share                            -       68,680

Common shares issued July 31, 1999
for cash @ $ .068 a share                            -       77,520

Contributed capital for services (note 10)           -       40,000

Foreign currency translation adjustment              -         (352)

Operating Income September 30, 1999            (25,502)     (25,502)

-------------------------------------------------------------------

Balance, September 30, 1999                  $ (87,271)   $ 464,095

===================================================================

Recapitalization (note 1)                            -           81

Common shares issued December 7, 1999
for services rendered @ $ .099 a share               -      123,706

Common Shares issued January 11, 2000
for services rendered @ $ .106 a share               -       37,180


Common Shares issued April 3, 2000
for cash @ $ .27 a share                             -       67,250

Common Shares issued April 10, 2000
for cash @ $ .34 a share                             -       41,292

Common Shares issued June 14, 2000
for cash @ $ .34 a share                             -        3,400

Foreign currency translation adjustment              -        1,895

Operating loss September 30, 2000             (101,230)    (101,230)


-------------------------------------------------------------------
Balance, September 30, 2000                  $(188,501)   $ 637,919

===================================================================
                                             Common       Common      Additional
                                             Shares       Stock       Paid-In
                                                          Amount      Capital

       -----------------------------------------------------------------------

      ------------------------------------------------------------------------
Balance, September 30, 2000               22,692,449       22,692      802,185

       =======================================================================

Common Shares issued September 9, 2001
for director fees @ $ .06 a share            474,000          474       27,966

Foreign currency translation adjustment            -            -            -

Operating loss September 30, 2001                  -            -            -

      ------------------------------------------------------------------------
Balance, September 30, 2001               23,166,449       23,166      830,151

      ========================================================================
                                             Retained      Total
                                             Earnings
                                             (Deficit)

----------------------------------------------------------------
----------------------------------------------------------------
Balance, September 30, 2000                (188,501)     637,919

================================================================

Common Shares issued September 9, 2001
for director fees @ $ .06 a share                 -       28,440

Foreign currency translation adjustment
                                                  -       (3,189)

Operating loss September 30, 2001          (117,028)    (117,028)


----------------------------------------------------------------
Balance, September 30, 2001               $(305,529)   $ 546,142

================================================================

                                          2001         2000
CASH FLOWS FROM OPERATING ACTIVITIES

Net income / (loss)                    $(117,028)   $(101,229)
Depreciation expense                      24,491       23,801
(Increase) / decrease
in accounts receivable                    13,174      (16,030)
(Increase) / decrease
in inventory                             (12,261)          94
(Increase) / decrease
in prepaid                                 1,236       (2,071)
(Increase) / decrease in
provision for unearned discounts          12,541       (4,232)
Increase / (decrease)
in accounts payable                       27,345       (1,134)
Increase / (decrease)
in payables                              (52,141)      45,525
(Increase) in note
receivables                               (7,567)     (67,948)
(Increase) in income
tax benefit                              (47,362)     (34,346)
Common stock issued
for services                              28,440      160,886

                                         ---------------------------------

Net cash provided / (used)
by operating activities                 (129,133)       3,316

CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of
property & equipment                      (6,113)      (2,750)

                                         ---------------------------------

Net cash (used) by
investing activities                      (6,113)      (2,750)

CASH FLOWS FROM FINANCING ACTIVITIES

Common stock issued for cash                   0          381
Additional paid-in capital                     0      111,811

                                         ---------------------------------

Net cash provided by
financing activities                           0      112,192

Effect of Exchange rate
changes on Cash                            6,254        6,226

                                         ---------------------------------

Net increase /
(decrease) in cash                      (128,991)     118,984

Cash at beginning of year                154,423       35,439

                                         ---------------------------------

Cash at end of year                    $  25,432    $ 154,423

                                         =================================

Supplemental Cash Flow
Disclosures

Cash paid during year
for interest                          $        0    $     41

                                         =================================

Supplemental Schedule of
Non-Cash Activities

Common shares issued
in recapitalization                  $            0    $      81
Common stock issued
for services                         $       28,440    $ 160,886
Investment in securities
received for a note receivable      $            0     $ 150,000

                                         =================================





NOTE  1.  OPERATIONS AND DESCRIPTION OF BUSINESS

Organization

Pro Glass Technologies, Inc. was incorporated in Canada on December 15, 1997. On
October  21,  1999  the  Company  entered  into a  recapitalization  with  Regan
Corporation  (a  Nevada  Corporation).  Ragen  changed  its  name  to Pro  Glass
Technologies,  Inc., on October 25, 1999 and increased the authorized  shares to
50,000,000 of $.001 par value common stock.

On  October  21,  1999.  Ragen  Corporation  and Pro  Glass  Technologies,  Inc.
completed an Agreement and Plan of Merger whereby Ragen issued 17,714,000 shares
of its common stock in exchange for all of the  outstanding  common stock of Pro
Glass.  Immediately  prior  to the  Agreement  and  Plan of  Merger,  Ragen  had
3,000,000  shares of common stock issued and  outstanding.  The  acquisition was
accounted for as a recapitalization of Pro Glass because the shareholders of Pro
Glass controlled Ragen after the acquisition.  Therefore,  Pro Glass was treated
as the  acquiring  entity for  accounting  purposes and Ragen was the  surviving
entity for legal purposes.

The Company operates an auto glass repair and installation business.

NOTE  2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.  Basis of Accounting

The Company policy is to use the accrual method of accounting and to prepare and
present financial  statements in accordance with generally  accepted  accounting
principles.

b.  Advertising Rights & Customer list

The Company has entered into an exclusivity contract with various companies. The
exclusivity  enables  Pro Glass to be the only auto  glass  company  to  deliver
advertisements  to patrons  homes.  Cal Alta  compiled  a  customer  list over a
10-year period in the auto glass  industry.  The customer list enables Pro Glass
to target customers based on historical data.

c.  Consolidation

The accompanying  financial  statements  include the accounts of the Company and
its subsidiaries.  Significant  intercompany accounts and transactions have been
eliminated in consolidation.

d.  Cash and Cash Equivalents

For the  purposes of the  statement  of cash flows,  the Company  considers  all
investments with a maturity of three months or less to be cash equivalents.



NOTE  2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

e.  Inventory

Inventory is stated at the lower of cost (first-in, first-out) or net realizable
value,  and consists of auto  windshields and related  materials.  The Companys
inventory is very consistent and not material.

f.  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. In accordance with FASB 16 all
adjustments are normal and recurring.

g.  Accounts Receivable-Trade

Accounts  receivable-trade  consists of the  following at September 30, 2001 and
2000:

                                   2001        2000
Accounts receivable               $52,052   $64,815
Allowance for doubtful accounts       0         0
Total                             $52,052   $49,815

Management  considers  accounts  receivable as of September 30, 2001 to be fully
collectible.

h.  Property and Equipment/Depreciation

Property  and  equipment  are  recorded at cost.  Minor  additions  renewals are
expensed in the year incurred.  Major additions and renewals are capitalized and
depreciated over their estimated useful lives.  Depreciation and amortization is
calculated using  straight-line and accelerated  methods for income tax purposes
(five years for vehicles and equipment,  and seven years for office  furniture).
Total  depreciation  for the years  ended 2001 and 2000 was $ 4,663 and $ 3,973,
respectively.  Amortization for the years ended 2001 and 2000 was $ 19,828 and $
19,828, respectively.

i.  Revenue Recognition

The Company  recognizes  revenue from windshield repairs and replacements at the
date the customers job is completed.



NOTE  2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

j.  Earnings Per Share

Earnings  per share are  provided in  accordance  with  Statement  of  Financial
Accounting  Standards  No.128  (FAS No.  128)  Earnings  Per  Share.  Due to the
Companys simple capital  structure,  with only common stock  outstanding,  only
basic earnings per share is presented.  Basic earnings per share are computed by
dividing  earnings  available to common  stockholders  by the  weighted  average
number of common shares outstanding.

k.  Leases

The  Company  leases two  locations  under an  operating  lease that  expires on
October 21, 2001 and March 31, 2002  (option  renewal for a three year on both).
Rent  expense  for 2001 and 2000 was $ 38,089  and $ 29,775,  respectively.  The
Company also leases a vehicle under operating lease expiring  through July 2001.
Lease  expenses for the vehicle for 2001 and 2000 and was $ 13,153 and $ 13,718,
respectively. At September 30, 2001, minimum annual rental commitments under the
property non-cancelable lease were as follows:

                               Year Ending
                            ------------------
                                  2000                $ 28,132
                            ------------------
                                  2001                  28,132
                            ------------------
                                  2002                  28,132
                            ------------------

                            ------------------


l.  Income Taxes & Tax Reporting

Income taxes are provided in accordance  with Statement of Financial  accounting
Standards No. 109 (SFAS 109),  Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carryforwards.

Deferred tax expense  (benefit)  results from the net change  during the year of
deferred tax assets and liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion of all of the deferred
tax assets will be realized.  Deferred tax assets and  liabilities  are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

Income tax  returns  are  reported  to Canada and United  States as  required by
regulated agencies.



NOTE  3.  INVESTMENT

This represents the Companys  acquisition of 150,0000 shares of $ 1.00 preferred
stock in Triad Industries,  Inc. in exchange for the FAA Enterprises,  Inc. note
receivable of $ 131,379.  The remaining balance of $ 18,261 is a note payable to
FAA Enterprises, Inc. Triad preferred stock in not considered trading securities
and in  accordance  with  paragraph 7 in SFAS 115 the Company has the intent and
ability to hold those  securities to maturity.  The note payable was paid in the
year ended September 30, 2001.


NOTE  4.  INCOME TAX BENEFIT


1998   Net Income / (Loss)           (75,692)
--------------------------------------------
                           -----------------
1998   Tax benefit carry forward      13,923
--------------------------------------------
--------------------------------------------
1999   Income tax benefit              4,501
--------------------------------------------
1999   Tax benefit carry forward      18,424
--------------------------------------------
2000   Income tax benefit             34,346
                           -----------------
                           -----------------
2000   Tax benefit carry forward      52,770
--------------------------------------------
--------------------------------------------
2001   Income tax benefit             47,362
                           -----------------
                           -----------------
2001   Tax benefit carry forward   $ 100,132
---------------------------=================


NOTE  5.  SCHEDULE OF NET OPERATING LOSSES

1998   Net Operating Loss   $ (61,769)
-------------------------------------
1999   Net Operating Loss     (25,502)
-------------------------------------
2000   Net Operating Loss    (101,230)
-------------------------------------
2001   Net Operating Loss    (117,028)
-------------------------------------
                    -----------------
       Net Operating Loss   $(305,529)
--------------------=================

As of September 30, 2001,  the Company has net operating loss  carryforwards  of
approximately $ 405,662 which will expire through 2020.



NOTE  6.  PROPERTY & EQUIPMENT

A summary of property and equipment,  and the related depreciation expense is as
follows:

                                     2001         2000

Office Equipment                   $ 26,285    $ 22,059
Automobile                            5,387       3,667
Total Office Equip. & Automobile     31,672      25,726
Accumulated depreciation            (15,161)
                                                (11,178)
Net Property and Equipment         $ 16,511    $ 14,547

Depreciation Expense               $  4,663    $  3,973


NOTE  7. INTANGIBLE ASSETS

Intangible assets consist of the following:

                                                       2001         2000
 Advertising rights                                 $ 102,980    $ 108,333
 Customer list                                         79,213       83,333
 Less Accumulated Amortization                        (59,484)     (39,655)
                                              $ 122,709    $        152,011


Advertising  rights and customer  list are being  amortized  on a  straight-line
basis over a ten-year period in accordance with APB 17.  Intangible  assets were
acquired with the acquisition of Pro Glass Canada. The advertising rights are an
exclusivity  contract Pro Glass has to advertise to patrons homes.  The customer
list consists of clients  compiled by Cal Alta of Canada over a ten-year  period
in the auto glass industry. This customer list along with the advertising rights
gives Pro Glass a valuable resource in which they can identify potential clients
to  advertise  to because  the list  provides  a  demographic  of the  Companys
customers.  In accordance  with paragraph 6 of FASB 121 the Company expects that
future cash flows will be more than the carrying amount of the assets; therefore
no impairment loss is being recognized.



NOTE  8.  NOTE RECEIVABLE

The amount of $ 138,831  represents a receivable  due to Pro Glass from Cal Alta
(a related  party) as of September  30, 2001.  This amount was carried over from
the merger  between Pro Glass  Canada and Pro Glass USA. Its an amount owed from
Cal Alta which is a holding Company that is owned by an officer/stockholder.  As
of September 30, 2001 no interest or repayment schedule had been determined. Cal
Alta has a $500,000 net asset value.  Although Cal Alta is not generating income
at the present time, their net value gives reason to believe that the receivable
is fully collectable.

NOTE  9. CONTRIBUTED CAPITAL

The  contributed  capital of $ 40,000  represents  management  services that Mr.
Frank Aiello donated to Pro Glass Technologies, Inc.

NOTE  10.  FOREIGN CURRENCY TRANSLATION

Accounting for Pro Glass  Technologies,  Inc. is conducted in Canadian currency.
As per our audit we convert figures on a quarterly basis in accordance with FASB
# 52. The functional  currency is in Canadian.  Balance sheets for 2001 and 2000
were  translated  at their  respective  year-end  rates of  $1.578  and $ 1.535,
respectively.  Statement of operations, general and administrative and cash flow
financial  statements were reported on the weighted  average for each respective
year as required by FASB # 52.

NOTE  11.  COMMON  STOCK

On September 1, 1998 the Company  issued 564,000 shares of common stock for cash
@ $ .167 per share. As of September 30, 1998 there were 564,000 shares of common
stock  outstanding.  On October 1, 1998 the Company issued  15,000,000 shares of
common stock to F. Aiello @ $ .02 a share.  On March 31, 1999 the Company issued
1,010,000 shares of common stock for cash @ $ .068 a share. On July 31, 1999 the
Company issued 1,140,000 shares of common stock for cash @ $ .068 a share. As of
September 30, 1999 there were 17,714,000 shares of common stock outstanding.  On
October  21,  1999 (prior to the  recapitalization)  the  Company had  3,000,000
shares of common  stock  outstanding.  On December  7, 1999 the  Company  issued
1,247,049  shares of common  stock for  services  rendered  @ $ .10 a share.  On
January 11, 2000 the Company  issued 350,000 shares of common stock for services
rendered @ $ .11 a share.  On April 3, 2000 the Company issued 250,000 shares of
common  stock for cash @ $ .27 a share.  On April 10,  2000 the  Company  issued
121,400  shares of common  stock for cash @ $ .34 a share.  On June 14, 2000 the
Company  issued  10,000  shares  of common  stock  for cash @ $ .34 a share.  On
September 9, 2001 the Company issued 474,000 shares of common stock for director
fees @ $ .06 per share. As of September 30, 2001 there were 23,166,449 shares of
common stock outstanding.


NOTE 12.  STOCKHOLDERS EQUITY

The stockholders equity section of the Company contains the following classes of
capital stock as of September 30, 2001.

Common stock, $ 0.001 par value;  50,000,000 shares  authorized;  23,166,449 and
22,692,449 shares issued and outstanding as of 2001 and 2000, respectively.

NOTE  13.  ISSUANCE OF SHARES FOR SERVICES

In  accordance  with SFAS 8 the valuation of shares for services is based on the
fair market value of services  received or rendered,  whichever is more reliably
measurable.

A total of 474,000 shares of common stock were issued for services to management
and key employees for the year ended September 30, 2001.