UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549

                              Form 10-KSB/A-1

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

     For the fiscal year ended December 31, 2002

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

     For the transition period from ________ to __________

                      Commission File Number: 0-30874

                               CANEUM, INC.
            (Exact name of Registrant as specified in charter)

NEVADA                             33-0916900
State or other jurisdiction of     I.R.S. Employer I.D. No.
incorporation or organization

170 NEWPORT CENTER DRIVE, SUITE 220, NEWPORT BEACH, CA      92660
(Address of principal executive offices)                    (Zip Code)

Issuer's telephone number, including area code:  (949) 273-4000

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

Securities registered pursuant to Section 12(g) of the Act:  Common Stock,
Par Value $.001

Check whether the Issuer (1) has filed all reports required to be filed by
section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
(1) Yes [X] No [ ]   (2) Yes [X] No [ ]

Check if disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB or any amendment to this Form 10-KSB. [  ]

<PAGE>

State issuer's revenues for its most recent fiscal year:  $ -0-

State the aggregate market value of the voting stock held by non-affiliates
of the Registrant computed by reference to the price at which the stock was
sold, or the average bid and asked prices of such stock, as of a specified
date within the past 60 days:  The aggregate market value of the voting
stock held by non-affiliates of the Registrant computed by using the
closing sale price has been indeterminable within the past 60 days as there
has been no market for the stock.

State the number of shares outstanding of each of the Issuer's classes of
common equity as of the latest practicable date:  At March 21, 2003, there
were 1,490,000 shares of the Registrant's Common stock outstanding.

Documents Incorporated by Reference:  None

                             EXPLANATORY NOTE

     This annual report on Form 10-KSB/A ("Form 10-KSB/A") is being filed
to amend items 6, 7, and 13, and to include Item 14 in regard to controls
and procedures, in the Company's annual report on Form 10-KSB for the year
ended December 31, 2002, which was filed with the S.E.C. on March 31, 2003,
("Original Form 10-KSB").  Accordingly, pursuant to rule 12b-15 under the
Securities Exchange Act of 1934, as amended, the Form 10-KSB/A contains the
complete text of items 6, 7, and 14, as amended, as well as certain
currently dated certifications.

     Item 6 has been amended to correct the amount of revenue generated in
2002.  Rather than generating $3,800 in revenue in 2002, the Company
generated no revenue during the year.

     Item 7 has been amended to include the city and state of our
independent auditor on his report.

     Item 13 has been amended to include exhibits 31.1, 31.2, and 32.

     Events have taken place that would have been reflected in the Original
Form 10-KSB if they had taken place prior to the date of the original
filing.  The Company recommends this report be read in conjunction with the
Company's reports filed subsequent to March 31, 2003.

                                  PART II

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

     The Company is a development stage company.  From its inception
through December 2002, the Company had no operations.  In December 2002 the
Company acquired certain assets from E.com Advantage, Inc. for shares in
the Company, retained the services of new management, and commenced its
business of software development and related IT services.  The Company's
operations are in the startup phase of development.

                                     2
<PAGE>

     During 2002 the Company generated no revenues and incurred general and
administrative expenses of $7,927, which represented a 7% increase over the
same expenses in 2001.  Management has not yet determined the amount of
revenues and expenses estimated for 2003, but anticipates that they will
increased based upon the commencement of operations during the last month
of 2002.

     The original shareholders contributed a total of $7,500 in cash and
$2,500 in services as capital contributions for stock of the Company.
Mezzanine Fund Management Ltd., an entity of which Eric Chess Bronk, the
sole director and an executive officer of the Company, is an executive
officer and director, loaned $9,000 to the Company at its inception for
operating expenses.  During 2002 Cygni Capital LLC (formerly Mezzanine
Associates, LLC), a limited liability company of which Mr. Bronk is the
managing member, loaned $1,862 on June 14, 2002, and $3,725 on December 31,
2002, to the Company.  (See "Item 12.  Certain Relationships and Related
Transactions.")  The Company also loaned a total of $1,250 to two companies
associated with Mr. Bronk.

     Management anticipates that any needed operating funds for the legal
and accounting expenses incurred by the Company to meeting its reporting
requirements will be loaned to the Company on the same or similar terms as
those of other loans to the Company.  There are no agreements with any of
the companies and no assurance that all or a portion of these funds will be
loaned to the Company.  If the Company is unable to borrow such funds,
management will seek other sources of funding which are currently unknown
to management.  There is no assurance that such funding would be available,
or that if it is made available, it could be obtained on terms favorable to
the Company.

                       ITEM 7.  FINANCIAL STATEMENTS

     The financial statements of the Company required by this item are set
forth immediately following the signature page of this annual report.

                                 PART III

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

     (a)(1)    Financial Statements.  The following financial statements
are included in this report:
                                                                       Page
     Report of Auditor dated March 26, 2003                            F-1
     Balance Sheet as of December 31, 2002 and 2001                    F-2
     Statement of Operations for the years ended December 31, 2002
       and 2001, and for the period March 1, 2000 (inception) to
       December 31, 2002                                               F-3
     Statement of Stockholders' Equity for the period March 1, 2000
       (inception) to December 31, 2002                                F-4

                                     3
<PAGE>

     Statement of Cash Flows for the years ended December 31, 2002
       and 2001, and for the period March 1, 2000 (inception) to
       December 31, 2002                                               F-5
     Notes to Financial Statements                                     F-6

     (a)(2)    Exhibits.  The following exhibits are included as part of
this report:

     Exhibit No.    Description of Exhibit                              Location

     3.1            Articles of Incorporation filed March 1, 2000          (1)

     3.2            Current Bylaws                                         (1)

     3.3            Articles of Amendment filed July 10, 2000              (2)

     3.4            Articles of Amendment filed March 5, 2003              (3)

     4.1            Form of Common Stock Certificate                       (1)

     4.2            2002 Stock Option/Stock Issuance Plan                  (3)

     10.1           Promissory Note dated March 27, 2002                   (2)

     10.2           Promissory Note dated May 2, 2001                      (2)

     10.3           Promissory Note dated August 1, 2001                   (2)

     10.4           Promissory Note dated June 14, 2002                    (3)

     10.5           Promissory Note dated December 31, 2002                (3)

     31.1           Certification of the Principal Executive Officer
                    pursuant to Rule 13(a)-14                           Attached

     31.2           Certification of the Principal Financial Officer
                    pursuant to Rule 13(a)-14                           Attached

     32             Certification of the Principal Executive and
                    Financial Officer pursuant to Section 1350          Attached

     99.1           Written Statement of the Chief Executive Officer       (3)
                    with respect to compliance with Section 13(a) of
                    the Securities Exchange Act of 1934.

                                     4
<PAGE>

     99.2           Written Statement of the Chief Financial Officer       (3)
                    with respect to compliance with Section 13(a) of
                    the Securities Exchange Act of 1934.
_______________
     (1) Incorporated by reference from the Company's registration
statement on Form 10-SB filed with the Securities and Exchange Commission
on July 21, 2000 (File No.0-30874).
     (2) Incorporated by reference from the Company's 2001 annual report on
Form 10-KSB filed with the Securities and Exchange Commission on April 1,
2002 (File No.0-30874).
     (3) Incorporated by reference from the Company's 2002 annual report on
Form 10-KSB filed with the Securities and Exchange Commission on March 31,
2003 (File No.0-30874).

     (b)  Reports on Form 8-K:  No reports on Form 8-K were filed during
the fourth quarter of the fiscal year ended December 31, 2002.

                     ITEM 14.  CONTROLS AND PROCEDURES

     The Company maintains disclosure controls and procedures that are
designed to ensure that information required to be disclosed in the
Company's Exchange Act reports is recorded, processed, summarized and
reported within the time periods specified in the SEC's rules and forms,
and that such information is accumulated and communicated to the Company's
management to allow timely decisions regarding required disclosure.

 The Company recently carried out an evaluation, under the supervision of
the Company's President and Principal Financial Officer of the
effectiveness of the design and operation of the Company's disclosure
controls and procedures pursuant to Exchange Act Rule 13a-14.  Based upon
this evaluation, the Company's President and Principal Financial Officer
concluded the Company's disclosure controls and procedures are effective in
timely alerting him to material information relating to the Company
required to be included in the Company's Exchange Act reports.  There have
been no significant changes in internal control over financial reporting
during the year ended December 31, 2002.

                                SIGNATURES

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

                                   Caneum, Inc.

Date: December 23, 2003            /s/ Sukhbir Singh Mudan
                                   Sukhbir Singh Mudan, President
                                   (Principal Executive Officer)



                                     5
<PAGE>

                                /Letterhead/


                        INDEPENDENT AUDITORS' REPORT

To the Stockholders and Directors of
SaiphT Corporation
(formerly Saiph Corporation)

We have audited the accompanying balance sheets of SaiphT Corporation
(formerly Saiph Corporation) (a Nevada Corporation) (a development stage
company) as of December 31, 2002 and 2001, and the related statements of
income, retained earnings, and cash flows for the period then ended, and
the period March 1, 2000 (inception) to December 31, 2002.  These financial
statements are the responsibility of the Company's management.  Our
responsibility is to express and opinion on these financial 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 SaiphT Corporation at
December 31, 2002 and 2001, and the results of its operations and cash
flows for the periods then ended and the period March 1, 2000 to December 31,
2002 in conformity with generally accepted accounting principles.

The accompanying financial statements have been prepared assuming that
SaiphT Corporation will continue as a going concern.  As discussed in Note 6
to the financial statements, SaiphT Corporation has suffered recurring
losses from operations and has a net capital deficiency that raises
substantial doubt about the company's ability to continue as a going
concern.  Management's plans in regard to these matters are also described
in Note 6.  The financial statements do not include any adjustments that
might result from the outcome of this uncertainty.


/S/ Bierwolf, Nilson & Associates
Bierwolf, Nilson & Associates
March 26, 2003
Salt Lake City, Utah

                                    F-1

<PAGE>

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                               Balance Sheet
<Table>
<Caption>
                                                    December     December
                                                    31, 2002     31, 2001
                                                   -----------  -----------
<S>                                                <C>         <C>
                                   Assets
Current Assets

Cash                                               $      -     $     1,372
Interest Receivable                                        144           19
Note Receivable - Related Party                          1,250        1,250
                                                   -----------  -----------
     Total Assets                                  $     1,394  $     2,641
                                                   ===========  ===========


                    Liabilities and Stockholders' Equity

Current Liabilities

Accounts Payable                                   $     1,220  $       250
Interest Payable                                         3,988        2,068
Note Payable - Related Party                            23,087       17,500
                                                   -----------  -----------
     Total Current Liabilities                          28,295       19,818


Stockholders' Equity

Common Stock, 100,000,000 Shares
  Authorized at $.001 Par Value;
  1,000,000 Shares Issued and Outstanding                1,000        1,000
Additional Paid In Capital                               9,000        9,000
Deficit Accumulated in the Development Stage           (36,901)     (27,177)
                                                   -----------  -----------
     Total Stockholders' Equity                        (26,901)     (17,177)
                                                   -----------  -----------
     Total Liabilities and Stockholders' Equity    $     1,394  $     2,641
                                                   ===========  ===========
</Table>

The accompanying notes are an integral part of these financial statements.
                                    F-2
<PAGE>

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                          Statement of Operations
<Table>
<Caption>
                                                                     From
                                                                  (Inception)
                                                                      to
                                           December    December    December
                                           31, 2002    31, 2001    31, 2002
                                          ----------  ----------  ----------
<S>                                       <C>         <C>         <C>
Revenues                                  $     -     $     -     $     -
                                          ----------  ----------  ----------
Expenses

  General & Administrative                     7,927       7,406      33,055
                                          ----------  ----------  ----------
     Income (Loss) from Operations            (7,927)     (7,406)    (33,055)

Other Income (Expenses)

  Interest (Expenses)                         (1,922)     (1,393)     (3,990)
  Interest Income                                125          19         144
                                          ----------  ----------  ----------
     Total Other Income (Expenses)            (1,797)      8,799      (3,846)
                                          ----------  ----------  ----------
     Loss Before Taxes                        (9,724)     (8,780)    (36,901)
     Taxes                                      -           -           -
                                          ----------  ----------  ----------
     Net (Loss)                           $   (9,724) $   (8,780) $  (36,901)
                                          ==========  ==========  ==========

     Net Loss Per Share                   $     (.01) $     (.01)

     Weighted Average Shares Outstanding   1,000,000   1,000,000

</Table>
The accompanying notes are an integral part of these financial statements.
                                    F-3
<PAGE>

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                     Statement of Stockholders' Equity
       For the Period March 1, 2000 (inception) to December 31, 2002
<Table>
<Caption>
                                                                           Accumulated
                                                                            Deficit
                                                               Additional  During the
                                            Common Stock        Paid-In    Development
                                        Shares       Amount     Capital      Stage
                                      -----------  ----------  ----------  ----------
<S>                                   <C>          <C>         <C>         <C>
Balance, March 1, 2000                       -     $     -     $     -     $     -

Shares Issued for Cash
  at $.001 per Share                      750,000         750       6,750        -

Shares Issued for Services
  at $.001 per Share                      250,000         250       2,250        -

Net Loss Period Ended
  December 31, 2000                          -           -           -        (18,397)
                                      -----------  ----------  ----------  ----------
Balance, December 31, 2000              1,000,000       1,000       9,000     (18,397)

Net Loss Year Ended
  December 31, 2001                          -           -           -         (8,780)
                                      -----------  ----------  ----------  ----------
Balance, December 31, 2001              1,000,000       1,000       9,000     (27,177)

Net Loss Year Ended
  December 31, 2002                          -           -           -         (9,724)
                                      -----------  ----------  ----------  ----------
Balance, December 31, 2002              1,000,000  $    1,000  $    9,000  $  (36,901)
                                      ===========  ==========  ==========  ==========
</Table>

The accompanying notes are an integral part of these financial statements.
                                    F-4
<PAGE>

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                          Statement of Cash Flows
                                (Unaudited)
<Table>
<Caption>
                                                                           From
                                                                      (Inception) to
                                                 December    December    December
                                                 31, 2002    31, 2001    31, 2002
                                                ----------  ----------  ----------
<S>                                             <C>         <C>         <C>
Cash Flows from Operating Activities

  Net Loss                                      $   (9,724) $   (8,780) $  (36,901)
  Adjustments to Reconcile Net Income to
  Net Cash Provided by Operating Activities:
   (Increase) Decrease in Interest Receivable         (125)        (19)       (144)
   Stock Issued for Services                          -           -          2,500
   Increase (Decrease) in Interest Payable           2,620       1,393       3,988
   Increase (Decrease) in Accounts Payable             270         250       1,220
                                                ----------  ----------  ----------
      Net Cash Provided by
      Operating Activities                          (6,959)     (7,156)    (29,337)

Cash Flows from Investing Activities

  Proceeds from Related Party Note                    -         (1,250)     (1,250)
                                                ----------  ----------  ----------
      Net Cash Provided by
      Investing Activities                            -         (1,250)     (1,250)

Cash Flows from Financing Activities

  Proceeds from Issuance of Notes                    5,587       8,500      23,087
  Proceeds from Stock Sales                           -           -          7,500
                                                ----------  ----------  ----------
      Net Cash Provided by
      Financing Activities                           5,587       8,500      30,587
                                                ----------  ----------  ----------
      Increase (Decrease) in Cash                   (1,372)         94        -

      Cash, Beginning of Period                      1,372       1,278        -
                                                ----------  ----------  ----------
      Cash, End of Period                       $     -     $    1,372  $     -
                                                ==========  ==========  ==========

Supplemental Cash Flow Information

  Interest                                      $     -     $     -     $      -
  Taxes                                               -           -            -
</Table>
The accompanying notes are an integral part of these financial statements.
                                    F-5
<PAGE>

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                     Notes to the Financial Statements
                             December 31, 2002

NOTE 1 - CORPORATE HISTORY

SaiphT Corporation (the "Company") was incorporated in Nevada on March 1,
2000, as Saiph Corporation for the purpose of seeking and consummating a
merger or acquisition with a business entity organized as a private
corporation, partnership, or sole proprietorship.  On March 5, 2003 the
Company filed Amended Articles of Incorporation changing its name to SaiphT
Corporation.

The Company has yet to fully develop any material income from its stated
primary objective and it is classified as a development stage company.  All
income, expenses, cash flows and stock transactions are reported since the
beginning of development stage.

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES

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

Earnings (Loss) Per Share - The computation of earnings per share of common
stock is based on the weighted average number of shares outstanding at the
date of the financial statements.

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

NOTE 3 - INCOME TAXES

The Company adopted Statement of Financial Accounting Standards No. 109
"Accounting for Income Taxes" in the fiscal year ended December 31, 2000
and has applied the provisions of the statement to the current year which
resulted in no significant adjustment.

Statement of Financial Accounting Standards No. 109 "Accounting for Income
Taxes" requires an asset and liability approach for financial accounting
and reporting for income tax purposes.  This statement recognizes (a) the
amount of taxes payable or refundable for the current year and (b) deferred
tax liabilities and assets for future tax consequences of events that have
been recognized in the financial statements or tax returns.

Deferred income taxes result from temporary differences in the recognition
of accounting transactions for tax and financial reporting purposes.
There were no temporary differences at December 31, 2002 and earlier years;
accordingly, no deferred tax liabilities have been recognized for all
years.

                                 Continued
                                    F-6
<PAGE>

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                     Notes to the Financial Statements
                             December 31, 2002

NOTE 3 - INCOME TAXES continued

The Company has cumulative net operating loss carryforwards over $36,000 at
December 31, 2002.  No effect has been shown in the financial statements
for the net operating loss carryforwards as the likelihood of future tax
benefit from such net operating loss carryforwards is not presently
determinable.  Accordingly, the potential tax benefits of the net operating
loss carryforwards, estimated based upon current tax rates at December 31,
2002 have been offset by valuation reserves in the same amount.  The net
operating losses begin to expire in 2019.

NOTE 4 - NOTE RECEIVABLE - RELATED PARTY

During the year 2001, the Company loaned $750 and $500 to separate
corporations whose president is a shareholder of the Company.  The
receivables are unsecured and are bearing interest at the rate of 10% per
annum.  The note receivables are due on demand.  At December 31, 2002, the
total accrued interest receivable amounts total $87 and $57 respectively.

NOTE 5 - NOTE PAYABLE - RELATED PARTY

The Company has issued several promissory notes to various corporations
whose shareholder is an officer of the Company.  The notes are unsecured,
bear an interest rate between 10% and 12% per annum and are due and payable
on demand.  At December 31, 2002, the accrued interest associated with the
various notes was $3,988.

<Table>
<Caption>
                                                             December    December
The Company has the following note payable obligations:      31, 2002    31, 2001
                                                            ----------  ----------
<S>                                                         <C>         <C>
Related party notes payable due on demand plus accrued
  interest at a rate of 12% per annum                       $    9,000  $    9,000

Related party notes payable due on demand plus accrued
  interest at a rate of 10% per annum                           14,087       8,500
                                                            ----------  ----------
     Totals                                                 $   23,087  $   17,500
     Less Current Maturities                                   (23,087)    (17,500)
                                                            ----------  ----------
     Total Long-Term Notes Payable                          $     -     $     -
                                                            ==========  ==========
</Table>

                                 Continued
                                    F-7

                             SaiphT Corporation
                        (formerly Saiph Corporation)
                       (A Development Stage Company)
                     Notes to the Financial Statements
                             December 31, 2002

NOTE 5 - NOTE PAYABLE - RELATED PARTY continued

Following are maturities of long-term debt for each of the next five years:

                                 Year       Amount
                              ----------   --------
                                 2003      $ 23,087
                                 2004          -
                                 2005          -
                                 2006          -
                              Thereafter       -
                                           --------
                                 Total     $ 23,087
                                           ========

NOTE 6 - GOING CONCERN

The Company's financial statements are prepared using generally accepted
accounting principles applicable to a going concern which contemplates the
realization of assets and liquidation of liabilities in the normal course
of business.  Currently, the Company does not have significant cash or
other material assets, nor does it have an established source of revenues
sufficient to cover its operating costs and to allow it to continue as a
going concern.



                                    F-8