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, 2002    Commission File No. 333-43126

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

     For the transition period from           to           .

                     MOBILE DESIGN CONCEPTS, INC.
            (Name of small business issuer in its charter)

                Nevada                                    87-0650219
     State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization                     Identification No.)

    311 South State Street, Suite 460, Salt Lake City, Utah 84111
         (Address of principal executive offices)  (zip code)

Issuer's telephone number, including area code:  (801) 266-2420

         6500 S. 400 W., Suite C, Salt Lake City, Utah 84107
    (Former name or former address, if changed since last report.)

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

Securities registered under Section 12(g) of the 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 December 31, 2002, the aggregate market value of voting stock held by
non-affiliates was approximately $78,125 . (See Item 5 herein).

The number of shares outstanding of the Issuer's common stock at December 31,
2002: 4,812,800

<PAGE>

                                PART I

ITEM 1.   DESCRIPTION OF BUSINESS

     (A)  BUSINESS DEVELOPMENT.

     Mobile Design Concepts, Inc. (the "Company") was incorporated under the
laws of the State of Nevada on March 10, 2000.  In connection with the
organization of the Company, the President and founders of the Company
contributed $9,000 cash to initially capitalize the Company in exchange for
4,500,000 shares of Common Stock.  The Company then registered a public
offering of its securities to raise funds from such offering with which to
commence business operations.  In August, 2000, the Company filed with the
Securities and Exchange Commission a registration statement on Form SB-2,
Commission File No. 333-43126, which became effective May 14, 2001.  The
Company sold 312,800 shares of common stock and raised gross proceeds of
$78,200 pursuant to this offering. The offering closed June 27, 2001. The
Company then used the net proceeds from this offering to provide the working
capital necessary to commence business operations.  However, the Company has
not generated any significant revenues from operations and is still considered
a development stage company.

     (B)  BUSINESS OF COMPANY.

     The Company is a start-up company that was initially formed to design
and manufacture mobile kiosks for use as drive-through beverage units.  The
kiosks are simple, prefabricated structures designed to be moved from location
to location.  The Company completed the design and construction of the initial
prototype kiosk in February, 2001.  Management's  intent was to sell or lease
the kiosks to third parties who are engaged or plan to engage in the drive-
through sale of coffee, espresso, juice, or other beverages.

     This business was not successful and operations were discontinued as of
December 31, 2002.  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 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.

ITEM 2.   PROPERTIES

     The Company 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.

<PAGE>

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.

     The Company's public offering closed June 27, 2001, and the Common Stock
of the Company was not eligible for trading in the over-the-counter market
until after that time.  The common stock is quoted under the symbol  "MODS",
but has not been traded in the over-the-counter market except on a very
limited and sporadic basis. The following sets forth high and low bid price
quotations for each calendar quarter during 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
     December 31, 2001             .35                 .35

     March 31, 2002                (No quotations)
     June 30, 2002                 $.40                $.02
     September 30, 2002            $.25                $.02
     December 31, 2002             $.25                $.02

     (B)  HOLDERS.

     As of March 19, 2003, there were approximately 42 record holders of the
Company's Common Stock.

     (C)  DIVIDENDS.

     The Company 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.  It is the present intention of management to utilize all
available funds for the development of the Company's business.  The only
restrictions that limit the ability to pay dividends on common

<PAGE>

equity or that
are likely to do so in the future, are those restrictions imposed by law.
Under Nevada corporate law, no dividends or other distributions may be made
which would render the Company insolvent or reduce assets to less than the sum
of its liabilities plus the amount needed to satisfy any outstanding
liquidation preferences.

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

     The company was incorporated under the laws of Nevada on March 10, 2000,
is a small start up company that has not yet generated significant revenues
from operations and is considered a development stage company.  In August,
2000, the Company filed a registration statement on Form SB-2 with the U.S.
Securities & Exchange Commission under the Securities Act of 1933, to register
the offering, on a "best efforts, no minimum" basis, of up to 500,000 shares
of $.001 par value common stock, at a price of $.25 per share.  This
registration statement was declared effective on May 14, 2001. The Company
sold 312,800 shares of common stock and raised gross proceeds of $78,200
pursuant to this offering. The offering closed June 27, 2001. The Company then
began to use the offering proceeds to continue to provide general working
capital for its proposed business operations to design and manufacture mobile
kiosks for use as drive-through beverage units.  Since management's
determination is that this business was not successful, operations were
discontinued as of December 31, 2002.

     Management's plan of operation for the next twelve months is to continue
using the capital remaining from the offering to provide general working
capital during the next twelve months to continue in existence while
management seeks other business opportunities.  The Company has limited
operating capital and  no income producing assets. At this time, we do not
know how long it will be necessary to fund necessary expenditures from
existing capital. 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 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. We do
not anticipate any capital commitments for product research and development or
significant purchases of plant or equipment, or any change in the number of
employees.

      Since the business was unsuccessful, investors have lost the money
invested and management will not attempt to pursue further efforts with
respect to this business, and it is unlikely the Company would have the
financial ability to do so in any event.  Instead management will call a
shareholders meeting to decide whether to liquidate the Company or what
direction the Company will pursue, if any.   However, the Company presently
has no commitments or arrangements with respect to any other potential
business venture and there is no assurance the Company could become involved
with any other business venture, especially any business venture requiring
significant capital.

<PAGE>

     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 was only recently
formed and has not been successful in establishing profitable operations.
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 or
additional sales of its common stock. There is no assurance that the Company
will be successful in raising this additional capital or 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 their accountants on any matter of accounting principles or practices or
financial statement disclosure.

                               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 current and former sole officer and
director, their ages, and all offices and positions with the Company. A
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>               <C>
                         Term Served As    Positions
Name of Director  Age    Director/Officer  With Company
Lynn Dixon         55    March 10, 2003    President, Secretary,
Nikk Bednarik      33    Since inception   Treasurer and
                                           Director
</TABLE>

     Mr. Bednarik resigned March 10, 2003 and appointed Lynn Dixon to replace
him as the sole officer and director. Certain biographical information with
respect to them is set forth below.

     LYNN DIXON.  Mr. Dixon graduated with a B.S. Degree in business from
Utah State University in 1969.  From 1969 through 1972, he was employed at
Thiokol Chemical Corporation as a cost accountant.  From 1972 through 1979, he
was employed as a stock broker with Olsen and Company, a stock brokerage firm
in Salt Lake City, Utah.  From 1979 to the present, Mr.

<PAGE>

Dixon has devoted his
full time to managing his own investments in securities and real estate,
including commercial, residential and agricultural real estate investments in
undeveloped ground as well as income producing properties, mutual funds and
other securities investments, both debt and equity, in companies listed on
exchanges such as AMEX or traded over-the-counter and listed on NASDAQ and the
OTCBB. Mr. Dixon served as President of Winthrop Industries during the past
five years until November 1999, when it went through a change in control.
Winthrop Industries was also engaged at that time in the business of wine
investing. Mr. Dixon will devote less than 10% of his time to Power Marketing.

     NIKK BEDNARIK, has been a director and a vice president of Meridian
Coffee Company since he co-founded the company in 1992.   Meridian Coffee is a
coffee wholesaler that provides an assortment of roasted coffees and coffee
beans, tea and other beverage products to retail coffee outlets and other
businesses and organizations in the Salt Lake City Metropolitan Area.  Mr.
Bednarik's full name is Steven N. Bednarik.

     Mr. Dixon also serves as President and Director of Power Marketing,
Inc., another company subject to the reporting requirements of the Securities
Exchange Act of 1934. Mr. Dixon holds no directorships in any other company
subject to the reporting requirements of the Securities Exchange Act of 1934.
Mr. Bednarik holds no directorships in any other company subject to the
reporting requirements of the Securities Exchange Act of 1934.

     (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 above, 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.

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

<PAGE>

ITEM 10.  EXECUTIVE COMPENSATION.

     We have not paid any compensation to Mr. Bednarik, formerly the sole
officer, director, and employee, since the date of our incorporation in March
2000.  We have not granted Mr. Bednarik any stock options, stock awards, or
other forms of equity compensation.  We do not provide Mr. Bednarik with
medical insurance or other similar employee benefits.

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 sets forth certain information with respect to the
beneficial ownership of the Company's common stock with respect to each
director of the Company, each person known to the Company to be the beneficial
owner of more than five percent (5%) of said securities, and all directors and
executive officers of the Company as a group:


<TABLE>
<S>                <C>                      <C>        <C>
                                                       PERCENTAGE OF
  TITLE OF CLASS       BENEFICIAL OWNER      AMOUNT    OWNERSHIP


</TABLE>
<TABLE>
<S>                <C>                      <C><C>     <C><C>
PRINCIPAL STOCKHOLDERS

   Common Stock      Steven K. Bednarik         750,000     16.7%
                     215 South State Street,
                     #750
                     Salt Lake City, UT 84111

OFFICERS AND DIRECTORS

   Common Stock      Lynn Dixon               1,250,000     27.8%
                     311 S. State Street
                     Salt Lake City, UT 84111



  Common Stock       Nikk Bednarik            2,500,000     55.6%



  Common Stock     All current and former
                   Executive Officers and
                   Directors as a
                   Group (2 persons)

                                              3,250,000     83.4%
</TABLE>
<PAGE>

     The foregoing amounts include all shares these persons are deemed to
beneficially own regardless of the form of ownership.

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

     The Company has entered into certain transactions with officers,
directors or affiliates of the Company. Unless otherwise indicated, the terms
of the following transactions between related parties were not determined as a
result of arm's length negotiations.

SALE OF STOCK AT ORGANIZATION
     In April, 2000, in connection with our organization, we sold 4,500,000
shares of common stock to three people, including the president, for $9,000 in
cash.

     The Company entered into certain transactions with officers, directors
or affiliates of the Company which may involve conflicts of interest in that
they were not arms' length transactions.  These transactions include the
following:

SHARED OFFICE SPACE WITH MERIDIAN COFFEE
     Our offices were located in space we shared with Meridian Coffee
Company, an affiliate of our former president.  Commencing November 1, 2000,
we agreed to sublet an undivided share of the office space from Meridian under
an oral agreement for a monthly rental of $100 plus our share of expenses
incurred for paper, copies, long distance telephone charges, and similar
items.

RELATIONSHIP WITH MERIDIAN
     We had a relationship with Meridian Coffee Company, an affiliate of the
former president, which is a coffee wholesaler providing coffee and beverage
products to retail coffee outlets in the Salt Lake City Metropolitan Area.  We
purchased beverage ingredients such as espresso and coffee related equipment
for use in the kiosks from Meridian.  The prices we paid Meridian for such
items were no less favorable to us than the lowest prices charged by Meridian
for such items to its other customers.  We have not entered into any agreement
with Meridian with respect to the sale of equipment.

CONFLICTS OF INTEREST

     In addition to the conflicts of interest that are inherent in the
foregoing transactions, conflicts of interest may also arise from the fact
that the President and director of the Company will not be employed full time
and will have other activities and business interests, to which he will also
devote time and attention.  Inasmuch as the President will not receive any
regular salary or wage from the Company, at least initially, these other
activities include other employment or business activities.  These other
activities could give rise to a conflict with respect to certain operations of
the Company, particularly with respect to the amount of time management
devotes to the Company and to these other activities.  A director of the
Company owes fiduciary duties to the Company which may conflict with these
other interests.  The Company has not entered into
<PAGE>
any non compete,
confidentiality or similar agreements with the director.  The fiduciary duties
that directors owe to a Company include the duty not to withhold from the
Company, or appropriate, any corporate opportunity which the Company may be
able to exploit, the duty not to use for their personal benefit or the benefit
of any other individual or entity any information not generally known which
they acquire through their association with the Company, and in short, the
duty to deal fairly with the Company.  The Company's current director intends
to submit to the Company any potential business he becomes aware of which may
constitute a corporate opportunity to the Company.  The Company's policy is
that all transactions between the Company and any affiliates be on terms no
less favorable to the Company than could be obtained from unaffiliated
parties.

INDEMNIFICATION

     Our articles of incorporation provide that the directors shall have no
personal liability to the company or the stockholders for damages for breaches
of their fiduciary duties as directors or officers, except for acts or
omissions which involve intentional misconduct, fraud or a knowing violation
of law, or the payment of certain unlawful distributions.  In addition,
Section 78.037 of the Nevada corporation law, Article VIII of the articles of
incorporation, and Article VIII of the bylaws provide for indemnification of
the directors and officers in a variety of circumstances, which may include
liabilities under the Securities Act of 1933, as amended. The Company's
Articles and by-laws provide for indemnification to the full extent permitted
under law which includes all liability, damages and costs or expenses arising
from or in connection with service for, employment by, or other affiliation
with the Company to the maximum extent and under all circumstances permitted
by law.  Nevada law permits indemnification if a director or officer acts in
good faith in a manner reasonably believed to be in, or not opposed to, the
best interests of the corporation.  A director or officer must be indemnified
as to any matter in which he or she successfully defends himself or herself.
Indemnification is prohibited as to any matter in which the director or
officer is adjudged liable to the corporation.  Insofar as indemnification for
liabilities arising under the Securities Act may be permitted to directors,
officers, and controlling persons of the Company pursuant to the foregoing
provisions or otherwise, the Company has been advised that in the opinion of
the Securities and Exchange Commission, such indemnification is against public
policy as expressed in the Act and is, therefore, unenforceable.

     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 is the Company aware of 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.

     (B)  REPORTS ON FORM 8-K have not been filed during the last quarter of
the fiscal year ended December 31, 2002.

ITEM 14. 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 such term is defined in paragraph (c) of Rule 15d-14) for the
issuer and have:

     designed such disclosure controls and procedures 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;

     evaluated the effectiveness of the issuer's disclosure controls and
procedures as of a date within 90 days prior to the filing date of the report
(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 controls. There were no significant changes in the
issuer's internal controls or in other factors that could significantly affect
these controls subsequent to the date of their evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.

<PAGE>















                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                           FINANCIAL STATEMENTS

                             DECEMBER 31, 2002


<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                          PAGE

        -  Independent Auditors' Report                     1


        -  Balance Sheet, December 31, 2002                 2


        -  Statements of Operations, for the years
            ended December 31, 2002 and 2001
            and from inception on March 10, 2000
            through December 31, 2002                       3


        -  Statement of Stockholders' Equity, from
            inception on March 10, 2000 through
            December 31, 2002                               4


        -  Statements of Cash Flows, for the years
            ended December 31, 2002 and 2001
            and from inception on March 10, 2000
            through December 31, 2002                       5


        -  Notes to Financial Statements                 6 - 11




<PAGE>








                       INDEPENDENT AUDITORS' REPORT


Board of Directors
MOBILE DESIGN CONCEPTS, INC.
Salt Lake City, Utah

We  have audited the accompanying balance sheet of Mobile Design Concepts,
Inc.  [a  development stage company] at December 31, 2002 and the  related
statements  of  operations, stockholders' equity and cash  flows  for  the
years  ended December 31, 2002 and 2001 and for the period from  inception
on  March  10, 2000 through December 31, 2002.  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 Mobile Design  Concepts,
Inc. [a development stage company] as of December 31, 2002 and the results
of its operations and its cash flows for the years ended December 31, 2002
and  2001 and for period from inception on March 10, 2000 through December
31,  2002  in conformity with generally accepted accounting principles  in
the United States of America.

The  accompanying  financial statements have been prepared  assuming  that
Mobile  Design  Concepts,  Inc. will continue  as  a  going  concern.   As
discussed in Note 9 to the financial statements, the Company has  incurred
losses since its inception and has not yet been successful in establishing
profitable  operations.  These factors raise substantial doubt  about  its
ability to continue as a going concern.  Management's plans in regards  to
these  matters are also described in Note 9.  The financial statements  do
not  include any adjustments that might result from the outcome  of  these
uncertainties.



PRITCHETT, SILER & HARDY, P.C.

February 25, 2003
Salt Lake City, Utah


<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                               BALANCE SHEET

                                  ASSETS


                                                                  December 31,
                                                                      2002
                                                                  ____________
CURRENT ASSETS:
  Cash                                                            $     36,584
                                                                  ____________
        Total Current Assets                                            36,584

ASSETS OF DISCONTINUED OPERATIONS                                        5,575
                                                                  ____________
                                                                  $     42,159
                                                                  ____________


                   LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES:
  Accounts payable                                                $      1,730
  Accounts payable - related party                                       5,045
                                                                  ____________
        Total Current Liabilities                                        6,775
                                                                  ____________

STOCKHOLDERS' EQUITY:
  Preferred stock, $.001 par value,
   1,000,000 shares authorized,
   no shares issued and outstanding                                          -
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   4,812,800 shares issued and
   outstanding                                                           4,813
  Capital in excess of par value                                        68,770
  Deficit accumulated during the
   development stage                                                   (38,199)
                                                                  ____________
        Total Stockholders' Equity                                      35,384
                                                                  ____________
                                                                  $     42,159
                                                                  ____________






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

                                     2
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                          STATEMENT OF OPERATIONS


                                                 For the         From Inception
                                                Year Ended        on March 10,
                                               December 31,       2000 through
                                          ______________________  December 31,
                                             2002        2001         2002
                                          __________  __________  ____________
REVENUE                                   $        -  $        -  $          -

EXPENSES:
  General and administrative                       -           -             -
                                          __________  __________  ____________
      Total Expenses                               -           -             -
                                          __________  __________  ____________

LOSS BEFORE INCOME TAXES                           -           -             -

CURRENT TAX EXPENSE                                -           -             -

DEFERRED TAX EXPENSE                               -           -             -
                                          __________  __________  ____________

LOSS FROM CONTINUING OPERATIONS                    -           -             -
                                          __________  __________  ____________

DISCONTINUED OPERATIONS:
  Loss from operations of discontinued
   mobile kiosk business (net of $0 in
   income taxes)                             (26,450)     (6,760)      (38,199)
  Gain (loss) on disposal of discontinued
   operations (net of $0 in income taxes)          -           -             -
                                          __________  __________  ____________

LOSS FROM DISCONTINUED OPERATIONS            (26,450)     (6,760)      (38,199)
                                          __________  __________  ____________

NET LOSS                                  $  (26,450) $   (6,760) $    (38,199)
                                          __________  __________  ____________

LOSS PER COMMON SHARE:
  Continuing operations                   $        -  $        -  $          -
  Operations of discontinued mobile kiosk
   business                                     (.01)       (.00)         (.01)
  Gain (loss) on disposal of discontinued
   operations                                      -           -             -
                                          __________  __________  ____________

  Net Loss Per Common Share               $     (.01) $     (.00) $       (.01)
                                          __________  __________  ____________


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

                                     3
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                     STATEMENT OF STOCKHOLDERS' EQUITY

               FROM THE DATE OF INCEPTION ON MARCH 10, 2000

                         THROUGH DECEMBER 31, 2002


                                                                      Deficit
                                                                    Accumulated
                         Preferred Stock  Common Stock   Capital in During the
                          _____________ ________________ Excess of  Development
                          Shares Amount  Shares   Amount Par Value     Stage
                          ______ ______ _________ ______ __________ ___________
BALANCE, March 10, 2000        - $    -         - $    - $        - $         -

Issuance of 4,500,000
 shares of common stock
 for cash at $.002 per
 share, March 2000             -      - 4,500,000  4,500      4,500           -

Net loss for the period
 ended December 31, 2000       -      -         -      -          -      (4,989)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 2000     -      - 4,500,000  4,500      4,500      (4,989)

Issuance of 312,800 shares
 of common stock for cash
 at $.25 per share, net of
 offering costs of
 $13,617, June 2001            -      -   312,800    313     64,270           -

Net loss for the year
 ended December 31, 2001       -      -         -      -          -      (6,760)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 2001     -      - 4,812,800  4,813     68,770     (11,749)

Net loss for the year
 ended December 31, 2002       -      -         -      -          -     (26,450)
                          ______ ______ _________ ______ __________ ___________
BALANCE, December 31, 2002     - $    - 4,812,800 $4,813 $   68,770 $   (38,199)
                          ______ ______ _________ ______ __________ ___________














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

                                     4
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                          STATEMENT OF CASH FLOWS

                                                 For the         From Inception
                                                Year Ended        on March 10,
                                               December 31,       2000 through
                                          ______________________  December 31,
                                             2002        2001         2002
                                          __________  __________  ____________
Cash Flows From Operating Activities:
 Net loss                                 $  (26,450) $   (6,760) $    (38,199)
  Adjustments to reconcile net loss to net
   cash provided (used) by operating
   activities:
   Depreciation                                5,863       4,167        10,030
   Impairment loss                            13,312           -        13,312
   Changes in assets and liabilities:
    Increase in accounts payable                  20         898         1,730
    Increase in accounts payable - related
     party                                         -       5,000         5,045
    (Decrease) in interest payable                 -         (80)            -
                                          __________  __________  ____________
     Net Cash Provided (Used) by
      Operating Activities                    (7,255)      3,225        (8,082)
                                          __________  __________  ____________

Cash Flows From Investing Activities:
 Payments for property and equipment               -     (18,939)      (28,917)
                                          __________  __________  ____________
     Net Cash Used by Investing Activities         -     (18,939)      (28,917)
                                          __________  __________  ____________

Cash Flows From Financing Activities:
 Proceeds from issuance of common stock            -      78,200        87,200
 Payments of stock offering costs                  -     (13,617)      (13,617)
 Proceeds from line of credit                      -       5,000        10,606
 Payments on line of credit                        -     (10,606)      (10,606)
                                          __________  __________  ____________
     Net Cash Provided by Financing
      Activities                                   -      58,977        73,583
                                          __________  __________  ____________

Net Increase (Decrease) in Cash               (7,255)     43,263        36,584

Cash at Beginning of Period                   43,839         576             -
                                          __________  __________  ____________
Cash at End of Period                     $   36,584  $   43,839  $     36,584
                                          __________  __________  ____________

Supplemental Disclosures of Cash Flow Information:
 Cash paid during the period for:
   Interest                               $        -  $      428  $        465
   Income taxes                           $        -  $        -  $          -

Supplemental Schedule of Noncash Investing and Financing Activities:
  For the year ended December 31, 2002:
     None

  For the year ended December 31, 2001:
     None

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

                                     5
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization - Mobile Design Concepts, Inc. ("the Company") was  organized
  under the laws of the State of Nevada on March 10, 2000.  The Company  was
  formed  to  design,  manufacture,  and  lease  mobile  kiosks  and   other
  structures.  The Company discontinued its mobile kiosk business  effective
  December 31, 2002 [See Note 2] and is currently considering other business
  opportunities.   The  Company has not yet generated  significant  revenues
  from  its  planned  principal operations and is considered  a  development
  stage  company  as defined in Statement of Financial Accounting  Standards
  No.  7.  The Company has, at the present time, not paid any dividends  and
  any  dividends  that  may  be  paid in the future  will  depend  upon  the
  financial requirements of 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.

  Property  and  Equipment  - Property and equipment  are  stated  at  cost.
  Expenditures  for  major renewals and betterments that extend  the  useful
  lives  of  property and equipment are capitalized, upon  being  placed  in
  service.   Expenditures  for  maintenance  and  repairs  are  charged   to
  operating  expense  as incurred.  Depreciation is computed  for  financial
  statement  purposes  on a straight-line basis over  the  estimated  useful
  lives  of  the assets, which ranges from three to ten years.  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 disclosure requirements and requires additional
  disclosure for assets held for sale.

  Revenue Recognition - The Company recognizes revenue based on the terms of
  lease agreements with third parties.

  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 computation of loss per share  is  based  on  the
  weighted  average number of shares outstanding during the period presented
  in  accordance with Statement of Financial Accounting Standards  No.  128,
  "Earnings Per Share" [See Note 10].

  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   affect  the  reported  amounts  of  assets  and  liabilities,   the
  disclosures  of  contingent assets and liabilities  at  the  date  of  the
  financial  statements,  and the reported amount of revenues  and  expenses
  during  the  reported  period.  Actual results  could  differ  from  those
  estimated.


                                     6
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Recently  Enacted Accounting Standards - Statement of Financial Accounting
  Standards  ("SFAS")  No.  141,  "Business  Combinations",  SFAS  No.  142,
  "Goodwill  and  Other  Intangible Assets", SFAS No. 143,  "Accounting  for
  Asset   Retirement  Obligations",  SFAS  No.  144,  "Accounting  for   the
  Impairment or Disposal of Long-Lived Assets", SFAS No. 145, "Rescission of
  FASB Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and
  Technical  Corrections", 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", and SFAS No. 148, "Accounting for  Stock-
  Based  Compensation  - Transition and Disclosure - an  Amendment  of  FASB
  Statement  No. 123", were recently issued.  SFAS No. 141, 142,  143,  145,
  146,  147  and 148 have no current applicability to the Company  or  their
  effect  on the financial statements would not have been significant.   The
  Company  has  adopted SFAS No. 144 and has applied it to  the  year  ended
  December 31, 2002.

  Reclassification - The financial statements for periods prior to  December
  31,   2002  have  been  reclassified  to  conform  to  the  headings   and
  classifications used in the December 31, 2002 financial statements.

NOTE 2 - DISCONTINUED OPERATIONS

  On  December 31, 2002, the Company discontinued its mobile kiosk  business
  and,  subsequently, the Company's President resigned [See Note  11].   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".

  The  assets of the mobile kiosk business held for disposal consist of  the
  following at:

                                                                  December 31,
                                                                      2002
                                                                  ____________
         Lease Properties, net                                    $      5,575
                                                                  ____________
           Total Assets of Discontinued Operations                $      5,575
                                                                  ____________

                                     7
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 2 - DISCONTINUED OPERATIONS [Continued]

  The  following is a summary of the results of operations of the  Company's
  discontinued mobile kiosk business:

                                                 For the         From Inception
                                                Year Ended        on March 10,
                                               December 31,       2000 through
                                          ______________________  December 31,
                                             2002        2001         2002
                                          __________  __________  ____________
    Revenue                               $        -  $    4,800  $      4,800
    General and administrative               (13,138)    (11,212)      (29,222)
    Impairment loss                          (13,312)          -       (13,312)
    Interest expense                               -        (348)         (465)
                                          __________  __________  ____________
    Net loss                              $  (26,450) $   (6,760) $    (38,199)
                                          __________  __________  ____________

NOTE 3 - LEASE AGREEMENT

  The Company had entered into a lease agreement for the use of their mobile
  structure  and  equipment to a third party for use in selling  coffee  and
  other  beverages.  The agreement was for three years beginning  March  20,
  2001.   The lease monthly payments started at $600 per month and  were  to
  accelerate  and  reach $1,250 per month during the third  year.   However,
  during the first three months of 2002, the lease agreement was terminated.

NOTE 4 - LEASE PROPERTIES

  On  December 31, 2002, the Company discontinued its mobile kiosk business.
  In  accordance with the Company's plan of disposal, the carrying amount of
  leased  properties have been reduced to their net realizable  value.   The
  Company determined to divide its leased properties and sell off the parts.
  Subsequently, the Company sold its beverage equipment for $5,575 [See Note
  11].   Due to the difficulty of moving the kiosk, the Company expects  the
  sale of its remaining lease property to raise only nominal amounts, if the
  Company is able to sell the lease property at all.  In December 2002,  the
  Company  recognized an impairment loss of $13,312 to reduce  the  carrying
  amount  of  the  leased  properties to their net  realizable  value.   The
  Company  is  actively  seeking a buyer and  expects  to  sell  its  leased
  properties during 2003.


                                     8
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 4 - LEASE PROPERTIES [Continued]

  The following is a summary of lease properties at:

                                                                  December 31,
                                                                      2002
                                                                  ____________
    Lease equipment: modular structure                            $     15,740
    Lease equipment: beverage equipment                                 13,177
                                                                  ____________
                                                                        28,917

      Less: accumulated depreciation                                   (10,030)
      Less: impairment loss                                            (13,312)
                                                                  ____________
                                                                  $      5,575
                                                                  ____________

  The  modular  structure and the beverage equipment  are  depreciated  over
  their  estimated  useful  lives  of ten  and  three  years,  respectively.
  Depreciation  expense  for  the years ended December  31,  2002  and  2001
  amounted to $5,863 and $4,167, respectively.

NOTE 5 - LINE OF CREDIT

  In  August  2000, an officer of the Company entered into a line of  credit
  arrangement with a bank using a personal vehicle as collateral.  The  line
  provided  for borrowings up to $20,606 with a variable interest rate  that
  was 2% above the bank's prime rate.  The initial rate was 11.5% per annum.
  During  2001,  the  Company paid off the line of  credit  and  closed  the
  account.

NOTE 6 - CAPITAL STOCK

  Preferred Stock - The Company has authorized 1,000,000 shares of preferred
  stock  with  a  $.001  par  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, 2002.

  Common  Stock  -  The Company has authorized 50,000,000 shares  of  common
  stock  with  a  $.001  par value.  In June 2001, the Company  completed  a
  public offering of 312,800 shares of common stock for cash of $78,200,  or
  $.25  per share.  Stock offering costs of $13,617 have been offset against
  the proceeds in capital in excess of par value.

  During April 2000, in connection with its organization, the Company issued
  4,500,000  shares of its previously authorized, but unissued common  stock
  for cash.  The shares were issued for $9,000, or $.002 per share.

                                     9
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS


NOTE 7 - 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, 2002 an operating loss  carryforwards  of
  approximately  $26,000 which may be applied against future taxable  income
  and which expire in various years through 2022.

  The  amount of and ultimate realization of the benefits from the  deferred
  tax  assets  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 deferred tax  assets,  the
  Company  has established a valuation allowance equal to their  tax  effect
  and,  therefore,  no  deferred tax asset has  been  recognized.   The  net
  deferred  tax  assets,  which  include the  net  operating  loss  and  the
  difference  between  the  book and tax basis of  depreciable  assets,  are
  approximately  $5,700  and  $3,700 as  of  December  31,  2002  and  2001,
  respectively, with an offsetting valuation allowance of the  same  amount.
  The change in the valuation allowance for the year ended December 31, 2002
  is approximately $2,000.

NOTE 8 - RELATED PARTY TRANSACTIONS

  Accounts Payable - An officer/shareholder of the Company has paid expenses
  on behalf of the Company totaling $5,045.  These funds are due upon demand
  and bear no interest.

  Management Compensation - For the year ended December 31, 2002  and  2001,
  the Company did not pay any compensation to any officer or director of the
  Company.

  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
  offices  as  a  mailing address, as needed, at no expense to the  Company.
  The  cost value of this service is considered nominal and, therefore,  has
  not been recorded as an expense by the Company.

NOTE 9 - GOING CONCERN

  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.  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  or
  additional  sales  of its common stock.  There is no  assurance  that  the
  Company will be successful in raising this additional capital or achieving
  profitable  operations.   The  financial statements  do  not  include  any
  adjustments that might result from the outcome of these uncertainties.

                                     10
<PAGE>

                       MOBILE DESIGN CONCEPTS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 10 - LOSS PER SHARE

  The following data shows the amounts used in computing loss per share:

                                                 For the         From Inception
                                                Year Ended        on March 10,
                                               December 31,       2000 through
                                          ______________________  December 31,
                                             2002        2001         2002
                                          __________  __________  ____________
      Loss from continuing operations
       (numerator)                        $        -  $        -  $          -
      Loss from discontinued operations
       (numerator)                           (26,450)     (6,760)      (38,199)
      Gain (loss) on disposal of
       discontinued operations (numerator)         -           -             -
                                          __________  __________  ____________
      Loss available to common
       shareholders (numerator)           $  (26,450) $   (6,760) $    (38,199)
                                          __________  __________  ____________
      Weighted average number of common
       shares outstanding used in loss per
       share for the period (denominator)  4,812,800   4,675,025     4,563,895
                                          __________  __________  ____________

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

NOTE 11 - SUBSEQUENT EVENTS

  Asset  Sale  -  On  January  13, 2003, the Company  removed  the  beverage
  equipment  from  the  Company's modular structure and  sold  the  beverage
  equipment for $5,575.

  Change in Officer - In March 2003, the Company's President resigned and  a
  new President was appointed.


                                     11
<PAGE>


                              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.

Mobile Design Concepts, Inc.


By:     /s/ Lynn Dixon       Date:   March 20, 2003
     Lynn Dixon, 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/ Lynn Dixon      Date:    March 20, 2003
     Lynn Dixon, President and Secretary/Treasurer
     Chief Executive Officer and
     Chief Financial Officer




CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

     The undersigned Chief Executive Officer and Chief Financial Officer
certify that this report fully complies with the requirements of Section 13 or
15(d) of the Securities Exchange Act of 1934, and the information contained in
the report fairly presents, in all material respects, the financial condition
and results of operations of the Company.




Date:   March 20, 2003        by:    /s/ Lynn Dixon
                               Lynn Dixon, President & Director

<PAGE>


                           CERTIFICATIONS*
I, Lynn Dixon, certify that:
1. I have reviewed this annual report on Form 10-KSB of Mobile Design
Concepts, Inc.
2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this annual report;
3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities,
particularly during the period in which this annual report is being prepared;
b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and
c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrant's auditors and the audit
committee of registrant's board of directors (or persons performing the
equivalent functions):
a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls;
and
6. The registrant's other certifying officers and I have indicated in this
annual report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.


Date: March 20, 2003          by:     /s/ Lynn Dixon
                         Lynn Dixon, President & Director
                    (Chief Executive Officer and Chief Financial Officer)

* Provide a separate certification for each principal executive officer and
principal financial officer of the registrant. See Rules 13a-14 and 15d-14.
The required certification must be in the exact form set forth above.


<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.