UNITED STATES
                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 JUNE 30, 2004

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

        Commission file number: 333-67144


                           GERACO, INC.
  ______________________________________________________________
          (Name of Small Business Issuer in its Charter)

        Nevada                                 87-1578749
  ______________________________________________________________
      (State or jurisdiction               (I.R.S. Employer
       of incorporation)                  Identification No.)

                8114 Ammons Way, Arvada, CO 80005
  ______________________________________________________________
           (Address number principal executive offices)

                          (303) 949-2598
  ______________________________________________________________
                   (Issuer's telephone number)

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

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

Check whether the issuer (1) 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 registrant was required to file
such reports)  Yes [x]  No [ ];  and (2) has been subject to such filing
requirements for the past 90 days.   Yes [X ]  No [ ]

Check if disclosure of delinquent filers in response to item 405 of Regulation
S-B is not contained herein, and will not 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. [X]

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

A market value of the voting stock held by non-affiliates cannot be determined
because the registrant does not have an active trading market.

As of August 25, 2004 the registrant had 5,521,000 shares of common stock
outstanding.

Documents incorporated by reference: None

Transitional Small Business Disclosure Format: Yes [ ] No [X]

                               -1-
<PAGE>



                        TABLE OF CONTENTS

                              PART I

Item 1.  Description of Business...........................................3
Item 2.  Description of Property...........................................6
Item 3.  Legal Proceedings.................................................7
Item 4.  Submission of Matters to a Vote of Security Holders...............7

                             PART II

Item 5.  Market for Common Equity, Related Stockholder Matters and
         Issuer Purchase of Securities.....................................7
Item 6.  Management's Discussion and Analysis or
         Plan of Operation.................................................7
Item 7.  Financial Statements..............................................9
Item 8.  Changes in and Disagreements with Accountants on Accounting
         and Financial Disclosure.........................................21
Item 8A. Controls and Procedures..........................................21
Item 8B. Other Items......................................................21

                             PART III

Item 9.  Directors, Executive Officers, Promoters and Control Persons,
         Compliance with Section 16(a) of the Exchange Act................21
Item 10. Executive Compensation...........................................23
Item 11. Security Ownership of Certain Beneficial Owners and Management
         and Related Stockholder Matters..................................23
Item 12. Certain Relationships and Related Transactions...................24
Item 13. Exhibits and Reports on Form 8-K.................................24
Item 14. Principal Accountant Fees and Services...........................24
Signatures................................................................26




                    FORWARD LOOKING STATEMENTS

In this annual report references to "Geraco,"  "we," "us," and "our" refer to
Geraco, Inc.

This annual report contains certain forward-looking statements and for this
purpose any statements contained in this annual report that are not statements
of historical fact may be deemed to be forward-looking statements.  Without
limiting the foregoing, words such as "may," "will," "expect," "believe,"
"anticipate," "estimate" or "continue" or comparable terminology are intended
to identify forward-looking statements.  These statements by their nature
involve substantial risks and uncertainties, and actual results may differ
materially depending on a variety of factors, many of which are not within
Geraco's control.  These factors include but are not limited to economic
conditions generally and in the markets in which Geraco may participate,
competition within Geraco's chosen industry, technological advances and
failure by Geraco on to successfully develop business relationships.

                               -2-
<PAGE>


                                     PART I


ITEM 1.  DESCRIPTION OF BUSINESS

Company History
---------------

We incorporated  under the laws of the state of Nevada on February 26, 2001 as
Geraco, Inc. for the purpose of selling inspirational gift cards and gifts
from custom manufacturers to retailers,  wholesalers and the general public.
Pursuant to a registration statement on Form SB-2, declared effective by the
Securities and Exchange Commission on October 26, 2001, we raised $76,050 with
the offer and sale of 1,521,000 shares of our common stock at $0.05 per share.
Proceeds were utilized for our initial business plan of inspirational gifts
and cards.   We were unsuccessful with our efforts, and, during the third
quarter of our 2003 fiscal year, we decided to change our business direction
to that of identifying and acquiring a favorable business opportunity. We have
continued to investigate alternative business opportunities during the 2004
fiscal year.

Our Plan
--------

We are a development stage company with minimal operations and we have had
recurring operating losses for the past two fiscal years.  Our independent
auditors have expressed doubt that we can continue as a going concern unless
we obtain financing to continue operations.

Our business plan is to seek, investigate, and, if warranted, acquire an
interest in a business opportunity.  Our acquisition of a business opportunity
may be made by merger, exchange of stock, or otherwise.  We have very limited
sources of capital, and we probably will only be able to take advantage of one
business opportunity. At the present time we have not identified any business
opportunity that we plan to pursue, nor have we reached any preliminary or
definitive agreements or understandings with any person concerning an
acquisition or merger.

Based on current economic and regulatory conditions, management believes that
it is possible, if not probable, for a company like ours, without many assets
or liabilities, to negotiate a merger or acquisition with a viable private
company.  The opportunity arises principally because of the high legal and
accounting fees and the length of time associated with the registration
process of "going public."  However, should any of these conditions change, it
is very possible that there would be little or no economic value for anyone
taking over control of Geraco.

Our search for a business opportunity will not be limited to any particular
geographical area or industry and includes both U.S. and international
companies.  Our management has unrestricted discretion in seeking and
participating in a business opportunity, subject to the availability of such
opportunities, economic conditions and other factors.  Our management believes
that companies who desire a public market to enhance liquidity for current
stockholders or plan to acquire additional assets through issuance of
securities rather than for cash will be potential merger or acquisition
candidates.

The selection of a business opportunity in which to participate is complex and
extremely risky and will be made by management in the exercise of its business
judgement.  There is no assurance that we will be able to identify and acquire

                               -3-
<PAGE>

any business opportunity which will ultimately prove to be beneficial to
Geraco and our stockholders.  Should a merger or acquisition prove
unsuccessful, it is possible management may decide not to pursue further
acquisition activities and management may abandon its activities and we may
become dormant or be dissolved.

Our activities are subject to several significant risks which arise primarily
as a result of the fact that we have no specific business and may acquire or
participate in a business opportunity based on the decision of management
which will, in all probability, act without consent, vote, or approval of our
stockholders.

It is possible that the range of business opportunities that might be
available for consideration by us could be limited by impact of the SEC
regulations regarding purchase and sale of "penny stock."  Our common stock is
not publicly traded at this time and we cannot assure that a market will
develop or that a stockholder ever will be able to liquidate his investments
without considerable delay, if at all.  If a market develops, our shares will
likely be subject to the rules of the Penny Stock Suitability Reform Act of
1990. The liquidity of penny stock is affected by specific disclosure
procedures required by this Act to be followed by all broker-dealers,
including but not limited to, determining the suitability of the stock for a
particular customer, and obtaining a written agreement from the
customer to purchase the stock.  This rule may affect the ability of
broker-dealers to sell our securities and may affect the ability of purchasers
to sell our securities in any market.

Investigation and Selection of Business Opportunities
-----------------------------------------------------

We anticipate that business opportunities will come to our attention from
various sources, including our officers and directors, our stockholders,
professional advisors such as attorneys and accountants, securities
broker-dealers, investment banking firms, venture capitalists, members of the
financial community and others who may present unsolicited proposals.
Management expects that prior personal and business relationships may lead to
contacts with these various sources.

Our management will analyze the business opportunities; however, none of our
management are professional business analysts.  (See, Part III, Item 9:
Directors, Executive Officers, . . .) Our management has had no experience
with acquisitions or mergers of business opportunities and has not been
involved with an initial public offering other than our own offering in late
2001.  Due to our management's inexperience with acquisitions and mergers,
they may rely on promoters or their affiliates, principal stockholders or
associates to assist in the investigation and selection of business
opportunities.

Certain conflicts of interest exist or may develop between Geraco and our
officers and directors.  Our management has other business interests to which
they currently devote attention, which mainly consists of their primary
employment.  They may be expected to continue to devote their attention to
these other business interests although management time should be devoted to
our business.  As a result, conflicts of interest may arise that can be
resolved only through their exercise of judgement in a manner which is
consistent with their fiduciary duties to us.  In the process of negotiations
for an acquisition or merger or determination of consulting fees related to
investigation of a business opportunity, our management and/or our principal
stockholders may consider their own personal pecuniary benefit rather than the
best interests of Geraco's other stockholders.


                               -4-
<PAGE>


We presently do not foresee entering into a merger or acquisition transaction
with any business with which our officers or directors are currently
affiliated.

A decision to participate in a specific business opportunity may be made upon
our management's analysis of the quality of the other company's management and
personnel, the anticipated acceptability of the business opportunity's new
products or marketing concept, the merit of its technological changes, the
perceived benefit that it will derive from becoming a publicly held entity,
and numerous other factors which are difficult, if not impossible, to analyze
through the application of any objective criteria.  In many instances, we
anticipate that the historical operations of a specific business opportunity
may not necessarily be indicative of the potential for the future because of
the possible need to substantially shift marketing approaches, significantly
expand operations, change product emphasis, change or substantially augment
management, or make other changes.  We will be dependent upon the owners of a
business opportunity to identify any such problems which may exist and to
implement, or be primarily responsible for, the implementation of required
changes.

In our analysis of a business opportunity we anticipate that management will
consider, among other things, the following factors:

     (1)   Potential for growth and profitability, indicated by a new
technology, anticipated market expansion, or new products;

     (2)   Our perception of how any particular business opportunity will be
received by the investment community and by our stockholders;

     (3)   Whether, following the business combination, the financial
condition of the business opportunity would be, or would have a significant
prospect in the foreseeable future of becoming sufficient to enable our
securities to qualify for listing on a exchange or on a national automated
securities quotation system, such as NASDAQ.

     (4)   Capital requirements and anticipated availability of required
funds, to be provided by us or from operations, through the sale of additional
securities, through joint ventures or similar arrangements, or from other
sources;

     (5)   The extent to which the business opportunity can be advanced;

     (6)   Competitive position as compared to other companies of similar size
and experience within the industry segment as well as within the industry as a
whole;

     (7)   Strength and diversity of existing management, or management
prospects that are scheduled for recruitment;

     (8)   The cost of our participation as compared to the perceived tangible
and intangible values and potential; and

     (9)   The accessibility of required management expertise, personnel, raw
materials, services, professional assistance, and other required items.

No one factor described above will be controlling in the selection of a
business opportunity.  Management will attempt to analyze all factors
appropriate to each opportunity and make a determination based upon reasonable
investigative measures and available data. Potential business opportunities
may occur in many different industries and at various stages of development.

                               -5-
<PAGE>

Thus, the task of comparative investigation and analysis of such business
opportunities will be extremely difficult and complex. Potential investors
must recognize that because of our limited capital available for investigation
and management's limited experience in business analysis, we may not discover
or adequately evaluate adverse facts about the opportunity to be acquired.

Form of Acquisition
-------------------

We cannot predict the manner in which we may participate in a business
opportunity. Specific business opportunities will be reviewed as well as our
needs and desires and those of the promoters of the opportunity.  The legal
structure or method deemed by management to be suitable will be selected based
upon our review and our relative negotiating strength. Such methods may
include, but are not limited to, leases, purchase and sale agreements,
licenses, joint ventures and other contractual arrangements. We may act
directly or indirectly through an interest in a partnership, corporation or
other forms of organizations.  We may be required to merge, consolidate or
reorganize with other corporations or forms of business organizations. In
addition, our present management and stockholders most likely will not have
control of a majority of our voting shares following a merger or
reorganization transaction. As part of such a transaction, our existing
directors may resign and new directors may be appointed without any vote by
our stockholders.

We likely will acquire our participation in a business opportunity through the
issuance of common stock or other securities.  Although the terms of any such
transaction cannot be predicted, it should be noted that issuance of
additional shares also may be done simultaneously with a sale or transfer of
shares representing a controlling interest by current principal stockholders.

Competition
-----------

We expect to encounter substantial competition in our effort to locate
attractive opportunities.  Business development companies, venture capital
partnerships and corporations, venture capital affiliates of large industrial
and financial companies, small investment companies, and wealthy individuals
will be our primary competition. Many of these entities will have
significantly greater experience, resources and managerial capabilities than
we do and will be in a better position than we are to obtain access to
attractive business opportunities.  We also will experience competition from
other companies similar to ours, many of which may have more funds available
for such transactions.

Employees
---------

We currently have no employees.  Our management expects to confer with
consultants, attorneys and accountants as necessary.  We do not anticipate a
need to engage any full-time employees so long as we are seeking and
evaluating business opportunities.


ITEM 2: DESCRIPTION OF PROPERTY

We do not currently own or lease any property.  Until we pursue a viable
business opportunity and recognize income, we will not seek independent office
space.

                               -6-
<PAGE>


ITEM 3: LEGAL PROCEEDINGS

We are not a party to any proceedings or threatened proceedings as of the date
of this filing.


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

We have not submitted a matter to a vote of our shareholders during the fourth
quarter of the 2004 fiscal year.


                             PART II


ITEM 5:  MARKET PRICE FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS
         AND ISSUER PURCHASE OF SECURITIES

Market, Holders and Dividends
------------------------------

Our common stock is not listed on a public market as of the date of this
filing.  We have approximately 66 stockholders of record holding 5,521,000
common shares.  We have not declared dividends on our common stock and do not
anticipate paying dividends on our common stock in the foreseeable future.

Recent Sales of Unregistered Securities
----------------------------------------

There have been no sales of unregistered securities during the period covered
by this report that have not been previously reported.

Issuer Purchase of Securities
-----------------------------

None.

Securities Authorized for Issuance under Equity Compensation Plans
-------------------------------------------------------------------

None.


ITEM 6. MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

General
-------

We are a development stage company with nominal assets of $1,508, liabilities
totaling $5,387 and losses since inception. During our third quarter of 2003,
we abandoned our greeting card business and changed our business direction to
that of actively seeking an operating company to acquire or merge with which
will create necessary operating revenue. We are in the process of attempting
to identify and acquire such a favorable business opportunity.  We have not
entered into any agreement, nor are we are party to any commitment or
understanding to enter into or become engaged in a transaction as of the date
of this filing.  Management continues to investigate, review, and evaluate
business opportunities as they become available and will seek to acquire or
become engaged in business opportunities at such time as specific
opportunities warrant.

                               -7-
<PAGE>


Results of Operations
---------------------

We had no sales or sales revenues from continuing operations for either of our
last two fiscal years ended June 30. We had no selling and marketing expenses
from continuing operations for the years ended June 30, 2004 and 2003.
General and administrative expenses were $6,171 during our fiscal year ended
June 20, 2004 compared to $9,351 in the prior year.

We recorded a net loss from continuing operations of $6,263 during our 2004
fiscal year ended June 30; our fiscal year ended June 30, 2003 saw a net loss
from continuing operations of $9,351.

Discontinued Operations
-----------------------

On April 1, 2003, we abandoned our greeting card business and re-entered the
development stage. Operating results for the discontinued operations totaled a
loss of $25,967 during our fiscal year ended June 30, 2003 and consisted of
revenues of $5,000 which were offset by cost of goods totaling $7,214, selling
and administrative expenses of $18,500, and general and administrative
expenses of $5,253.

Financing Activities
--------------------

We did not have sufficient cash to fund our minimal operations during our
fiscal year and accepted a loan for $5,296 from two shareholders. The loans
are the subject of two convertible notes due and payable on December 31, 2004.
The note holders have the option to convert the note into our common stock at
a share price equal to the bid price of our common stock on the date of
conversion, or, in the event we have no market for our shares, into 370,000
shares. The note holders can convert at anytime after December 31, 2004 but no
later than December 31, 2007.

Liquidity and Capital Resources - Plan of Operation for the Next 12 Months
--------------------------------------------------------------------------

As of June 30, 2004, we had only $1,091 in cash to fund current operations; we
therefore cannot satisfy our cash requirements for the next 12 months.  The
majority of our operating expenses currently are related to our reporting
obligations under the Exchange Act.  These expenses are related to legal,
accounting and professional services required to prepare our reports and the
costs of filing the reports with the SEC.  We will also continue to incur
additional expenses associated with management's efforts to find an
acquisition candidate.

We do not have sufficient cash on hand to pay for these services or otherwise
fund our operations over the next 12 months.  We received a $5,296 loan from
shareholders during the fiscal year and management anticipates that the same
parties or officers/directors or other third parties will loan us additional
funds as needed during the next year. However, we do not have any
understandings or written agreements with any party guaranteeing advances or
loans.

If we obtain a business opportunity, then it may be necessary to raise
additional capital.  We likely will sell our common stock to raise this
additional capital.  We expect to issue such stock pursuant to exemptions
provided by federal and state securities laws.  The purchasers and manner of
issuance will be determined according to our financial needs and the available
exemptions.  We do not currently intend to make a public offering of our
stock.  We also note that if we issue more shares of our common stock, then
our shareholders may experience dilution in the value per share of their
common stock.


                               -8-
<PAGE>

Our auditors have issued a "going concern" opinion in Note 1 of our financial
statements as well as in their report dated August 25, 2004, which are
included in ITEM 7. FINANCIAL STATEMENTS of this Annual Report.  In their
report, our auditors have indicated that we have suffered recurring losses
from operations and have a net capital deficiency which raises substantial
doubt as to our ability to continue as a going concern.

ITEM 7. FINANCIAL STATEMENTS

Our audited financial statements for June 30, 2004 and 2003 begin on the next
page.




                               -9-
<PAGE>











                           GERACO, INC.
                  (A Development Stage Company)

                               -:-

                   INDEPENDENT AUDITOR'S REPORT

                      JUNE 30, 2004 AND 2003



                               -10-


<PAGE>


CONTENTS


                                                            Page

Independent Auditor's Report............................................F - 1

Balance Sheet
  June 30, 2004 and 2003................................................F - 2

Statements of Operations for the
  Years Ended June 30, 2004 and 2003....................................F - 3

Statement of Stockholders' Equity for the
  Period from February 26, 2001 (inception) to June 30, 2004............F - 4

Statements of Cash Flows for the
  Years Ended June 30, 2004 and 2003....................................F - 5

Notes to Financial Statements...........................................F - 6








                               -11-
<PAGE>




                   INDEPENDENT AUDITOR'S REPORT

Geraco, Inc.
(A Development Stage Company)

     We have audited the accompanying balance sheet of  Geraco, Inc. (A
Development Stage Company) as of June 30, 2004 and 2003, and the related
statements of operations and cash flows for the years ended June 30, 2004 and
2003, and the cumulative period from April 1, 2003 (inception of development
stage) to June 30, 2004, and the statement of stockholders' equity since
February 26, 2001 (inception) to June 30, 2004.  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 audits.

     We conducted our audits in accordance with the standards of the Public
Company Accounting Oversight Board.  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 audits provide
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 Geraco, Inc. as
of June 30, 2004 and 2003 and the results of its operations and its cash flows
for the years ended June 30, 2004 and 2003, and the cumulative period from
April 1, 2003 (inception of development stage) to June 30, 2004 in conformity
with accounting principles generally accepted in the United States of America.

     The accompanying financial statements have been prepared assuming that
the Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company has suffered recurring losses from
operations and has a net capital deficiency that raise substantial doubt about
its ability to continue as a going concern.  Management's plans in regard to
these matters are also described in Note 1.  The financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.



                                  Respectfully Submitted,

                                  /s/ Robison, Hill & Co.
                                  ___________________________________
                                  Certified Public Accountants

Salt Lake City, Utah
August 25, 2004





                               F-1

<PAGE> 12



                           GERACO, INC.
                  (A Development Stage Company)
                          BALANCE SHEETS



                                                            June 30,
                                                   ---------------------------
                                                        2004         2003
                                                   ------------- -------------

Assets:
------
Current Assets:
 Cash & Cash Equivalents                           $      1,091  $        970
                                                   ------------- -------------

Fixed Assets:
 Computer Equipment                                       2,500         2,500
 Less Accumulated Depreciation                           (2,083)       (1,250)
                                                   ------------- -------------
     Net Fixed Assets                                       417         1,250
                                                   ------------- -------------

     Total Assets                                  $      1,508  $      2,220
                                                   ============= =============

Current Liabilities:
-------------------
Accounts Payable                                   $        735  $        571
Related Party Payable                                     5,387             -
                                                   ------------- -------------

     Total Liabilities                                    6,122           571
                                                   ------------- -------------
Stockholders' Equity:
--------------------
Preferred Stock, Par value $.001
    Authorized 10,000,000 shares
    No shares issued at June 30, 2004 and 2003                -             -
Common Stock, Par value $.001
    Authorized 50,000,000 shares,
    Issued 5,521,000 shares at
    June 30, 2004 and 2003                                5,521         5,521
Paid-In Capital                                          92,994        92,994
Retained Deficit                                        (90,991)      (90,991)
Deficit Accumulated During the Development Stage        (12,138)       (5,875)
                                                   ------------- -------------

     Total Stockholders' Equity                          (4,614)        1,649
                                                   ------------- -------------

     Total Liabilities and Stockholders' Equity    $      1,508  $      2,220
                                                   ============= =============

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

                               F-2
<PAGE> 13



                           GERACO, INC.
                  (A Development Stage Company)
                     STATEMENTS OF OPERATIONS
                                                                Cumulative
                                                                Since April 1,
                                                                2003
                                        For the Year Ending     Inception of
                                              June 30,          Development
                                         2004           2003    Stage
                                    ------------- ------------- --------------
Sales                               $          -  $          -  $           -
Cost of Sales                                  -             -              -
                                    ------------- ------------- --------------
Gross Profit                                   -             -              -

Expenses:
   Selling & Marketing                         -             -              -
   General & Administrative                6,171         9,351          7,832
                                    ------------- ------------- --------------
Other Expense:
   Interest Expense                           92             -             92
                                    ------------- ------------- --------------

Net Loss from Continuing Operations       (6,263)       (9,351)        (7,924)
                                    ------------- ------------- --------------

Loss from Discontinued Operations              -       (25,967)        (4,214)
                                    ------------- ------------- --------------

Net Loss                            $     (6,263) $    (35,318) $     (12,138)
                                    ============= ============= ==============
Earnings per Share, Basic & Diluted
   Loss from continuing operations  $          -  $          -
   Loss from discontinued operations           -         (0.01)
                                    ------------- -------------
Loss per Share                      $          -  $      (0.01)
                                    ============= =============

Weighted Average Shares                5,521,000     5,521,000
                                    ============= =============











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

                               F-3

<PAGE> 14
<TABLE>
<CAPTION>


                              GERACO, INC.
                     (A Development Stage Company)
                    STATEMENT OF STOCKHOLDERS' EQUITY
   FOR THE PERIOD FROM FEBRUARY 26, 2001 (INCEPTION) TO JUNE 30, 2004

                                                                              Cumulative
                                                                              Since April 1,
                                                                              2003
                                                                              Inception of
                               Common Stock       Paid-In       Retained      Development
                           Shares      Par Value  Capital       Deficit       Stage
                        ------------- ----------- ------------- ------------- --------------
<S>                     <C>           <C>         <C>           <C>           <C>
Balance at
 February 26, 2001
 (inception)                       -  $        -  $          -  $          -  $           -

June 26, 2001, Common
 Stock Issued for Cash     4,000,000       4,000        14,060             -              -

Contributed Capital
 Paid for Expenses                 -           -           305             -              -

Net Loss                           -           -             -          (305)             -
                        ------------- ----------- ------------- ------------- --------------

Balance at June 30, 2001   4,000,000       4,000        14,365          (305)             -

January 11, 2002, Common
 Stock Issued for Cash     1,521,000       1,521        74,479             -              -

Net Loss                           -           -             -       (61,243)             -
                        ------------- ----------- ------------- ------------- --------------

Balance at June 30, 2002   5,521,000       5,521        88,844       (61,548)             -

Contributed Capital                -           -         4,150             -              -

Net Loss                           -           -             -       (29,443)        (5,875)
                        ------------- ----------- ------------- ------------- --------------

Balance at June 30, 2003   5,521,000       5,521        92,994       (90,991)        (5,875)

Net Loss                           -           -             -             -         (6,263)
                        ------------- ----------- ------------- ------------- --------------

Balance at June 30, 2004   5,521,000  $    5,521  $     92,994  $    (90,991) $     (12,138)
                        ============= =========== ============= ============= ==============




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

                                   F-4

</TABLE>
<PAGE> 15
<TABLE>
<CAPTION>







                              GERACO, INC.
                     (A Development Stage Company)
                        STATEMENTS OF CASH FLOWS


                                                                            Cumulative
                                                                            Since April 1,
                                                                            2003
                                                    For the Year Ending     Inception of
                                                          June 30,          Development
                                                     2004           2003    Stage
                                                ------------- ------------- --------------

                                             
           
           

CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss                                        $     (6,263) $    (35,318) $     (12,138)
Adjustments to reconcile net loss to net
cash used in operating activities:
   Net Loss from Discontinued Operations                   -        25,967          4,214
   Depreciation                                          833           834          1,041
   Accounts Payable                                      164           571            735
                                                ------------- ------------- --------------

  Net Cash Used in Continuing Activities              (5,266)       (7,946)        (6,148)
  Net Cash Used in Discontinued Activities                 -       (22,567)             -
                                                ------------- ------------- --------------
  Net Cash Used in Operating Activities               (5,266)      (30,513)        (6,148)
                                                ------------- ------------- --------------
CASH FLOWS FROM INVESTING ACTIVITIES:

Net cash provided by Investing Activities                  -             -              -
                                                ------------- ------------- --------------
CASH FLOWS FROM FINANCING ACTIVITIES:
Contributed Capital                                        -         4,150            850
Receivable from Shareholder                                -         1,980              -
Proceeds from Shareholder                              5,387             -          5,387
Proceeds from Issuance of Common Stock                     -             -              -
                                                ------------- ------------- --------------
Net Cash Provided by Financing Activities              5,387         6,130          6,237
                                                ------------- ------------- --------------
Net (Decrease) Increase in
  Cash and Cash Equivalents                              121       (24,383)            89

Cash and Cash Equivalents
  at Beginning of Period                                 970        25,353          1,002
                                                ------------- ------------- --------------

Cash and Cash Equivalents at End of Period      $      1,091  $        970  $       1,091
                                                ============= ============= ==============

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
  Interest                                      $          -  $          -  $           -
  Franchise and income taxes                    $          -  $          -  $           -


SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:   None


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


                                   F-5

</TABLE>
<PAGE> 16



                           GERACO, INC.
                  (A Development Stage Company)
                  NOTES TO FINANCIAL STATEMENTS

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

      This summary of accounting policies for Geraco, Inc. (A Development
Stage Company) is presented to assist in understanding the Company's financial
statements.  The accounting policies conform to generally accepted accounting
principles and have been consistently applied in the preparation of the
financial statements.

Nature of Operations and Going Concern
--------------------------------------

     The accompanying  financial statements have been prepared on the basis of
accounting principles applicable to a "going concern", which assume that the
Company will continue in operation for at least one year and will be able to
realize its assets and discharge its liabilities in the normal course of
operations.

     Several conditions and events cast doubt about the Company's ability to
continue as a "going concern".  The Company has incurred net losses of
approximately $103,000 for the period from February 26, 2001 (inception) to
June 30, 2004, is in the development stage and requires additional financing
in order to finance its business activities on an ongoing basis.  The Company
is actively pursuing alternative financing and has had discussions with
various third parties, although no firm commitments have been obtained.  In
the interim, shareholders of the Company have committed to meeting its minimal
operating expenses.

      The Company's future capital requirements will depend on numerous
factors including, but not limited to, locating a merger or acquisition
candidate and/or acquiring interests in various business opportunities.

      These financial statements do not reflect adjustments that would be
necessary if the Company were unable to continue as a "going concern".  While
management believes that the actions already taken or planned, will mitigate
the adverse conditions and events which raise doubt about the validity of the
"going concern" assumption used in preparing these financial statements, there
can be no assurance that these actions will be successful.

      If the Company were unable to continue as a "going concern", then
substantial adjustments would be necessary to the carrying values of assets,
the reported amounts of its liabilities, the reported expenses, and the
balance sheet classifications used.

Organization and Basis of Presentation
--------------------------------------

      The Company was incorporated under the laws of the State of Nevada on
February 26, 2001. The Company's fiscal year end is June 30.

                               F-6
<PAGE> 17





                           GERACO, INC.
                  (A Development Stage Company)
                   NOTES TO FINANCIAL STATEMENTS



NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Nature of Business
------------------

      The Company was originally organized as a vehicle to market
inspirational greeting cards and gifts.  During the third quarter ended March
31, 2003, Management decide to change the direction the Company is going and
is now looking for a merger or acquisition candidate.  The Company intends to
acquire interests in various business opportunities, which in the opinion of
management will provide a profit to the Company.  On April 1, 2003, the
Company re-entered the development stage.

Cash and Cash Equivalents
--------------------------

      For purposes of the statement of cash flows, the Company considers all
highly liquid debt instruments purchased with a maturity of three months or
less to be cash equivalents to the extent the funds are not being held for
investment purposes.

Property and Equipment
----------------------

      Property and equipment are stated at cost.  Depreciation is provided for
in amounts sufficient to relate the cost of depreciable assets to operations
over their estimated service lives, principally on a straight-line basis for 3
years.

      Upon sale or other disposition of property and equipment, the cost and
related accumulated depreciation or amortization are removed from the accounts
and any gain or loss is included in the determination of income or loss.

      Expenditures for maintenance and repairs are charged to expense as
incurred.  Major overhauls and betterments are capitalized and depreciated
over their useful lives.

      The Company identifies and records impairment losses on long-lived
assets such as property and equipment when events and circumstances indicate
that such assets might be impaired.  The Company considers factors such as
significant changes in the regulatory or business climate and projected future
cash flows from the respective asset.  Impairment losses are measured as the
amount by which the carrying amount of intangible asset exceeds its fair
value.



                               F-7

<PAGE> 18

                           GERACO, INC.
                 (A Development Stage Company)
                  NOTES TO FINANCIAL STATEMENTS

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
         (Continued)

Pervasiveness of Estimates
--------------------------

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

Concentration of Credit Risk
-----------------------------

       The Company has no significant off-balance-sheet concentrations of
credit risk such as foreign exchange contracts, options contracts or other
foreign hedging arrangements.  The Company maintains the majority of its cash
balances with one financial institution, in the form of demand deposits.

Loss per Share
--------------

       Basic loss per share has been computed by dividing the loss for the
year applicable to the common stockholders by the weighted average number of
common shares outstanding during the years.  There were no common equivalent
shares outstanding at June 30, 2004 and 2003.

NOTE 2 - INCOME TAXES

       As of June 30, 2004, the Company had a net operating loss carryforward
for income tax reporting purposes of approximately $103,000 that may be offset
against future taxable income through 2022.  Current tax laws limit the amount
of loss available to be offset against future taxable income when a
substantial change in ownership occurs.  Therefore, the amount available to
offset future taxable income may be limited.  No tax benefit has been reported
in the financial statements, because the Company believes there is a 50% or
greater chance the carry forwards will expire unused.  Accordingly, the
potential tax benefits of the loss carry forwards are offset by a valuation
allowance of the same amount.

NOTE 3 - DEVELOPMENT STAGE COMPANY/ GOING CONCERN

       The Company has not begun principal operations and as is common with a
development stage company, the Company has had recurring losses during its
development stage.  Continuation of the Company as a going concern is
dependent upon obtaining the additional working capital necessary to be
successful in its planned activity, and the management of the Company has
developed a strategy, which it believes will accomplish this objective through
additional equity funding and long term financing, which will enable the
Company to operate for the coming year.

                               F-8
<PAGE> 19


                           GERACO, INC.
                  (A Development Stage Company)
                  NOTES TO FINANCIAL STATEMENTS

NOTE 4 - COMMITMENTS

      As of June 30, 2004, all activities of the Company have been conducted
by corporate officers from either their homes or business offices.  Currently,
there are no outstanding debts owed by the company for the use of these
facilities and there are no commitments for future use of the facilities.

NOTE 5 - RELATED PARTY TRANSACTIONS

      For the two years ended June 30, 2004 and 2003, $0 and $8,432 was paid
to shareholders of the Company for consulting expenses and auto expenses.

      During the year ended June 30, 2004, shareholders loaned the Company
$5,296 to pay general and administrative expenses.  Amounts due to the
shareholder accrue interest at the 4.5%, is unsecured and payable on December
31, 2004.  The note shall have the option to convert the entire amount or any
portion thereof, of the principal into shares of common stock of the Company
at a share price equal to the "bid" price of the Company's common stock on the
date of the conversion, or in the event the Company has no bid price, the
principal shall be converted into 370,000 shares.

NOTE 6 - DISCONTINUED OPERATIONS

      During the quarter ended March 31, 2003, Management decided to change
the direction the Company it was going and has chosen to abandon the greeting
card industry.

      Operating results of this discontinued operations shown separately in
the accompanying statements of operations.  The operating results of the
discontinued operations for the years ended June 30, 2004 and 2003 consisted
of:

                                                      2004        2003
                                                 ------------ -------------
Revenues                                         $         -  $      5,000
Cost of Goods Sold                                         -         7,214
Selling and Administrative                                 -        18,500
General and Administrative                                 -         5,253
                                                 ------------ -------------

Net Loss                                         $         -  $    (25,967)
                                                 ============ =============


                               F-9
<PAGE> 20


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

None.

ITEM 8A:  CONTROLS AND PROCEDURES

Our President, who acts in the capacity of principal executive officer and
principal financial officer, has reevaluated the effectiveness of our
disclosure controls and procedures as of the end of the period covered by this
report and determined that there continued to be no significant deficiencies
in these procedures.  Also, there were no changes made or corrective actions
to be taken related to our internal control over financial reporting.


ITEM 8B: OTHER INFORMATION

Not applicable


                             PART III

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

Our executive officers and directors and their respective ages, positions and
biographical information are set forth below.


Name                Age      Position Held                      Director Since
------------------  -------  --------------------------------   --------------
Gerald D. Curtis     70      Director, President,               Feb. 2001
                             Secretary/Treasurer
                             Principal Executive and
                             Financial Officer

Brian Curtis         42      Director, Vice President           Feb. 2001


GERALD D. CURTIS, D.D.S. serves as our President, Secretary and Treasurer and
Chairman of The Board of Directors,  and has done so since Geraco's inception.
He is also our Principal Executive, Financial and Accounting officer.  Dr.
Curtis practiced dentistry until July 1999, when he sold his dental practice.
At that time he retired from dentistry and joined Altrimega  Health
Corporation in August of 1999 through April 2001 when he resigned.  Altrimega
Health Corporation is a start-up company which is attempting to develop health
and nutritional products.  Prior to this Dr. Curtis practiced dentistry in
Salt Lake City, Utah for almost 40 years. He completed his  undergraduate
studies at the University of Utah in Salt Lake City. He obtained his D.D.S.
degree at the University of Kansas City in Kansas City, Missouri in 1959.

BRIAN CURTIS, serves as our Vice-President and Director, and has done so since
inception.  In addition to his duties as an officer and director of Geraco,
Mr. Curtis works as a full time fabrication  design specialist for Boeing
Corporation.  He has worked at Boeing since March of 1995.


                               -21-
<PAGE>

Term of Office
--------------

The term of office for each director is one year, or until his successor is
elected and qualified at our annual meeting of shareholders,  subject to
ratification by the shareholders.  The term of office for each officer is one
year or until a successor is elected and qualified and is subject to removal
by the Board.

Family Relationships
--------------------

Gerald Curtis is the father of Brian Curtis.

Audit Committee Financial Expert
--------------------------------

Because we have minimal operations we do not have an audit committee serving
at this time.  Accordingly, we do not have an audit committee financial expert
serving on an audit committee.

Section 16(a) Beneficial Ownership Reporting Compliance
-------------------------------------------------------

We do not have a class of securities registered under the Securities and
Exchange Act of 1934 and therefore our officers, directors and holders of more
than 10% of our outstanding shares are not subject to the provisions of
Section 16(a).

Code of Ethics
--------------

Due to the fact that we have minimal operations, we have not adopted a code of
ethics for our principal executive and financial officers.  Our board of
directors will revisit this issue in the future to determine if adoption of a
code of ethics is appropriate.  In the meantime, our management intends to
promote honest and ethical conduct, full and fair disclosure in our reports to
the SEC, and compliance with applicable governmental laws and regulations.

No Involvement in Certain Legal Proceedings
-------------------------------------------

During the past five years, neither of our executive officers/directors:

..    has filed a petition under federal bankruptcy laws or any state
     insolvency law, nor had a receiver, fiscal agent or similar officer
     appointed by a court for the business or property of such person, or any
     partnership in  which he was a general partner at or within two years
     before the time of such filing, or any corporation or business
     association of which he was an executive officer at or within two years
     before the time of such filing;

..    was convicted in a criminal proceeding or named subject of a pending
     criminal proceeding (excluding traffic violations and other minor
     offenses);

..    was the subject of any order, judgment or decree, not subsequently
     reversed, suspended or vacated, of any court of competent jurisdiction,
     permanently or temporarily enjoining him or her from or otherwise
     limiting  his/her involvement in any type of business, securities or
     banking  activities;

..    was found by a court of competent jurisdiction in a civil action, by
     the Securities and Exchange Commission or the Commodity Futures Trading
     Commission, to have violated any federal or state securities law, and


                               -22-

<PAGE>

     the judgment in such civil action or finding by the Securities and
     Exchange Commission has not been subsequently reversed, suspended, or
     vacated.


ITEM 10: EXECUTIVE COMPENSATION

Our named executive officers have not received any cash compensation, bonuses,
stock appreciation rights, long term compensation, stock awards or long-term
incentive rights in excess of $100,000 during the past three fiscal years.
Gerald Curtis, who acts in the capacity similar to Chief Executive Officer did
not receive any compensation during the year ended June 30, 2004.  We have not
entered into employment contracts with our executive officers and their
compensation, if any, will be determined at the discretion of our Board of
Directors.

Compensation of Directors
-------------------------

We do not have any standard arrangement for compensation of our directors for
any services provided as director, including services for committee
participation or for special assignments.

ITEM 11:  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
          MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following table sets forth the beneficial ownership of our outstanding
common stock by our management and each person or group known by us to own
beneficially more than 5% of our outstanding common stock.  Beneficial
ownership is determined in accordance with the rules of the SEC and generally
includes voting or investment power with respect to securities.  Except as
indicated by footnote, the persons named in the table below have sole voting
power and investment power with respect to all shares of common stock shown as
beneficially owned by them.  The percentage of beneficial ownership is based
upon 5,521,000 shares of common stock outstanding as of August 25, 2004.

                            MANAGEMENT
                            ----------

Name and Address of            Number of Shares of
Beneficial Owners              Common Stock            Percentage of Class
-----------------------------  -------------------     -------------------
Gerald D Curtis
8434 68th Street, Arvada CO        2,000,000                    36.22%

Brian Curtis                               0                        0%

All Executive Officers
and Directors as a Group
(2 persons)                        2,000,000                    36.22%


                    CERTAIN BENEFICIAL OWNERS
                     ------------------------

Name and Address of            Number of Shares of
Beneficial Owners              Common Stock            Percentage of Class
----------------------------   -------------------     -------------------
Dustin Graves
396 Howard Hughes Parkway
Las Vegas, NV                      1,000,000                    18.11%



                               -23-
<PAGE>


Francis Miller
3851 S EaglePoint
Holladay, UT                         966,500                    17.51%

Gerald D Curtis
8434 68th Street, Arvada CO        2,000,000                    36.22%



ITEM 12: CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

We have not engaged in any transactions in excess of $60,000 during the past
two years involving our executive officers, directors, 5% or more stockholders
or immediate family members of such persons.

ITEM 13: EXHIBITS AND REPORTS ON FORM 8-K

Exhibits
---------
 3.1     Articles of Incorporation *
 3.2     Bylaws *
10.1     Convertible Note: $3,000, dated May 10, 2004
10.2     Convertible Note: $2,296, dated October 6, 2003
31.1     Principal Executive Officer Certification
31.2     Principal Financial Officer Certification
32.1     Section 1350 Certification

*     Filed with the Securities and Exchange Commission as part of the initial
      Form SB-2 Registration Statement on August 9, 2001, as Exhibits 2.1 and
      2.2

Reports on 8-K
--------------

None

ITEM 14:  PRINCIPAL ACCOUNTANT FEES AND SERVICES

Audit Fee
---------

The aggregate fees billed for each of the last two fiscal years for
professional services rendered by the principal account for the audit of our
annual financial statement and review of financial statements included in our
reports on Form 10-QSB  and services normally provided by the accountant in
connection with statutory and regulatory filings or engagements were $ 6,047
for our year ended June 30, 2003 and $ 5,065 for our fiscal year ended June
30, 2004.

Audit-Related Fees
------------------

The aggregate fees billed in each of the last two fiscal years for assurance
and related services by the principal accountant that are reasonably related
to the performance of the audit or review of our financial statements that are
not reported above were $0 for our years ended June 30, 2004 and 2003.

Tax Fees
--------

The aggregate fees billed in each of the last two fiscal years for
professional services rendered by the principal accountant for tax compliance,
tax advice, and tax planning were $83 for fiscal year ended June 30, 2003 and
$85 for fiscal year ended June 30, 2004 and consisted of tax preparation
services.


                               -24-
<PAGE>


All Other Fees
---------------

There were no other aggregate fees billed in either of the last two fiscal
years for products and services provided by the principal accountant, other
than the services reported above.

We do not have an audit committee currently serving and as a result our board
of directors performs the duties of an audit committee. Our board of directors
will evaluate and approve in advance, the scope and cost of the engagement of
an auditor before the auditor renders audit and non-audit services. We do not
rely on pre-approval policies and procedures.



                               -25-
<PAGE>


                            SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934,
the registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Date: September 29, 2004             GERACO, INC,

                                      /s/ Gerald D. Curtis
                                  By:_________________________________________
                                     Gerald D. Curtis
                                     President, Secretary/Treasurer & Director
                                     Principal Executive and Financial and
                                     Accounting Officer



In accordance with the Exchange Act, this report has been signed below by the
following person on behalf of the registrant and in the capacities and on the
dates indicated.


September 29, 2004                    /s/ Gerald D. Curtis
                                  By:_________________________________________
                                     Gerald D. Curtis
                                     President, Secretary/Treasurer & Director
                                     Principal Executive and Financial and
                                     Accounting Officer




                               -26-