U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549
                           Form 10-KSB
                   Commission File No: 000-32327

(Mark One)

X Annual report under section 13 or 15(d) of the Securities
Exchange Act of 1934 for the fiscal year ended December 31, 2002

_____Transition report under section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from ____ to ____.

                       CYOKARAS CORPORATION
                       --------------------
             (Name of small business in its charter)

           NEVADA                                91-1953719
           ------                                ----------
       (State or other                     (IRS Employer Id. No.)
 jurisdiction of Incorporation)

                       7310 West Links Court
                     Nine Mile Falls, WA 99206
                     -------------------------
                   (Address of Principal Office)

          Issuer's telephone number:   (509) 622-0931

Securities to be registered under Section 12(b) of the Act:

                       Title of each class
                       -------------------
                               N/A

Securities to be registered under Section 12(g) of the Act:

                      Common Stock, $0.001
                      --------------------
                        (Title of Class)

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

Check if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B contained in this form, and no disclosure will be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-
KSB or any amendment to this Form 10-KSB. X

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

State the aggregate market value of the voting stock held by non-affiliates
computed by reference to the price at which the stock was sold, or the
average bid and asked priced of such stock, as of a specified date within the
past 60 days (See definition of affiliate in Rule 12b-2): $1,841,000.
(Based on the 5,260,000 voting shares held by non-affiliates as of April 30,
2002, at the then "bid" value of $0.35 per share).

Note: If determining whether a person is an affiliate will involve an
unreasonable effort and expense, the issuer may calculate the aggregate
market value of the common equity held by non-affiliates on the basis of
reasonable assumptions, if the assumptions are stated.

(Issuers involved in bankruptcy proceedings during the past five years)
Check whether the issuer has filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution
of securities under a plan confirmed by a court. N/A   Yes ____ No ____

(Applicable only to corporate registrants) State the number of shares
outstanding of each of the issuer's classes of common equity, as of the
latest practicable date: 9,230,000 shares, par value $0.001 per share, as of
April 30, 2003.

(Documents incorporated by reference. If the following documents are
incorporated by reference, briefly describe them and identify the part of the
Form 10-KSB (e.g. Part I, Part II, etc.) into which the document is
incorporated: (1) any annual report to security holders; (2) any proxy or
information statement; and (3) any prospectus filed pursuant to Rule 424(b)
or (c) of the Securities Act of 1933 ("Securities Act"). The listed documents
should be clearly described for identification purposes.

The Company has filed its periodic and other reports with the SEC. To review
any or all the Company's information, you should access the Company's
complete filings at the SEC's web site (www.sec.gov).

Transitional Small Business Disclosure Format (Check one):  Yes   No X

PART I

STATEMENT REGARDING FORWARD-LOOKING INFORMATION.

This report contains various forward-looking statements that are based on the
Company's beliefs as well as assumptions made by and information currently
available to the Company.  When used in this report, the words "believe,"
"expect," "anticipate," "estimate" and similar expressions are intended to
identify forward-looking statements. Such statements may include statements
regarding seeking business opportunities, payment of operating expenses, and
the like, and are subject to certain risks, uncertainties and assumptions
which could cause actual results to differ materially from projections or
estimates contained herein.  Factors which could cause actual results to
differ materially include, among others, unanticipated delays or difficulties
in location of a suitable business acquisition candidate, unanticipated or
unexpected costs and expenses, competition and changes in market conditions,
lack of adequate management personnel and the like.  Should one or more of
these risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially form those anticipated,
estimated or projected. The Company cautions again placing undue reliance on
forward-looking statements all of that speak only as of the date made.

ITEM 1. DESCRIPTION OF BUSINESS

General

Cyokaras Corporation (the "Company") was incorporated as a Nevada corporation
on February 16, 1999, for the purpose of developing and/or exploiting new
airborne sensor technology to be used in the search and remote sensing for
natural resources deposits, such as precious minerals, oil and gas, and
aquifers. Its principal place of business is located at 7310 West Links
Court, Nine Mile Falls, WA, 99206.

The Company is authorized to issue up to 75,000,000 (seventy-five million)
common shares, par value $0.001.

The Company is headed up by its sole officer and director, Mr. Ronald
McIntire, who owns a total of 3,970,000 shares (41.7%) of the Company's
issued and outstanding common stock.

The Company has not commenced any commercial operations or material operating
activities and has had no revenues or income from the date of inception
through the date of this filing. The Company has no full-time employees and
owns no real estate.

The Company registered certain shares of its common stock on a Form 10-SB
registration statement filed pursuant to the Securities Exchange Act of 1934
(the "Exchange Act") and Rule 12(g) thereof. The balance of its shares of
common stock, with the exception of those shares held by its sole officer and
director, were registered by way of a Form SB-2 registration statement and
subsequent filing of its Form 424 prospectus, which was effective as of
October 5, 2001. The Company files with the Securities and Exchange
Commission its periodic and episodic reports under Rule 13(a) of the Exchange
Act, including quarterly reports on Form 10-QSB and annual reports Form 10-
KSB.  As a reporting company under the Exchange Act, the Company may register
additional securities on Form S-8 (provided that it is then in compliance
with the reporting requirements of the Exchange Act) and on Form S-3
(provided that is has during the prior 12 month period timely filed all
reports required under the Exchange Act), and its class of common stock
registered under the Exchange Act may be traded in the United States
securities markets provided that the Company is then in compliance with
applicable laws, rules and regulations, including compliance with its
reporting requirements under the Exchange Act.

There has been no bankruptcy, receivership, or similar proceeding by or
against the Company.  In addition, there has been no material
reclassification, consolidation, merger, or purchase or sale of a significant
amount of assets not done in the ordinary course of business.

                Strategic Business Plan of Issuer

The Company was formed to exploit a strategic business plan (the "Plan")
within the minerals exploration and remote sensing, and it, at present,
remains in its development stage.  The Plan, in summary, has a primary focus
of exploiting the potential development and/or exploitation of new airborne
sensor technology to be used in the search and remote sensing for natural
resources and related deposits, such as precious minerals, oil and gas, and
aquifers.

While the Company has continued to believe in the merits of its strategic
business plan, the natural resource and related exploration marketplace has
faced consistent challenges and conditions that have made it difficult to
identify and pursue financially viable candidates for the Company to make a
final determination on which related technology to commercially exploit in
the pursuit of its strategic business plan. It is for that reason that the
Company has yet developed or selected the resource exploration technology
that will be used by it to further proceed with its business plan.

The Company intends to continue with its research and pursue related
exploration technologies as it looks to make a final determination on which
technology to acquire, develop, and/or license that will be used in its
planned exploration services to search for natural resources.

ITEM 2. DESCRIPTION OF PROPERTY

The Company owns no property.  Its office space is provided at no charge by
the President of the Company, Mr. Ronald McIntire. This office arrangement is
considered adequate for current and short-term operations of the Company.

If, and when, the Company's future plans require additional space as its
development and strategic business plan proceeds, the Company could be easily
relocated to another location in the immediate area at competitive rents.

ITEM 3. LEGAL PROCEEDINGS

The Company is not a party to any pending legal proceedings, and no such
proceedings are known to be contemplated.

No director, officer, or affiliate of the Company, and no owner of record or
beneficial owner of more than 5.0% of the securities of the Company, or any
associate of any such director, officer or security holder is a party adverse
to the Company or has a material interest adverse to the Company in reference
to pending litigation.

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

There have been no matters submitted to the security holders for a vote.

Part II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

The Company's common stock is traded on the Over the Counter Bulletin Board
with the Ticker symbol of "CYOK."

The Company's stock began trading in November of 2001. The shares have traded
as high as $1.25 per share (in April 2002) and as low as $0.01 per share (in
November 2001) through the period ended December 31, 2002, and have had the
following low and high price per share, per quarter, as listed below:

Period                           High               Low
------                           ----               ---
4th Quarter - 2001              $0.50             $0.01
1st Quarter - 2002              $0.85             $0.50
2nd Quarter - 2002              $1.25             $0.65
3rd Quarter - 2002              $1.20             $0.55
4th Quarter - 2002              $1.05             $0.55

There were approximately 45 shareholders of record of the Company's common
stock as of December 31, 2002.

No dividends have been declared or paid on the Company's securities, and it
is not anticipated that any dividends will be declared or paid in the
foreseeable future.

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

The Company's current cash balance is $2,112. Management believes the current
cash balance will be sufficient to fund the current minimum level of
operations into the second quarter of 2003 as it continues to pursue the
acquisition, development, and/or the licensing of the rights to its
technology that will be used in its planned exploration services to search
for natural resources. Beyond this period of time, the Company may need to
look to loans from its President, or other means, to fund its minimal ongoing
costs, none of which have been offered by anyone nor are there any agreements
in place with anyone to provide such funds.

However, in order to advance its business plan to the next phase, the
Company will need to raise additional capital during the forthcoming twelve
months. It is planning to do so through the sale of equity securities, debt,
or some combination thereof, totaling approximately $1.25 million.

Over the next twelve months, management intends to continue with its research
that will help it make a final determination on which technology to pursue
for its business (see the section entitled "Strategic Business Plan of
Issuer" heading earlier in this annual statement for more discussion on the
Company's technology focus).

Once the technology has been selected and identified, the Company expects to
proceed with its plan to raise the additional capital necessary to further
proceed with its business plan.

                      Results of Operations

There were no revenues from sales for the year ended December 31, 2002.
The Company sustained a net loss of $8,909 for the period then ended for
ongoing costs related to its development stage operations.

                 Liquidity and Capital Resources

As of December 31, 2002, the Company had $2,112 cash on hand or in the bank.
Until such time as the Company is able to make its determination on which
resource exploration technology to acquire, develop, or license the rights
to, there will be no need for additional capital, since the sole officer is
contributing his time and related expenses at no cost during this time.

The Company has broken its plan of operation into four fairly distinct phases
or stages, each of which depends upon the success of the prior phase.

In phase one, the Company will engage in the pursuit, via the acquisition,
development, and/or the licensing rights, of the technology that will provide
it with the ability to market its planned exploration services to search for
certain natural resources. In this stage, the Company will most likely have
the need to raise substantial additional capitalization in order to
consummate a transaction to develop or get control of its technology. The
Company is presently in this phase and is expected to remain so until such
time as it is able to make an informed decision on which technology to pursue
and then has raised the estimated $1.25 million in additional capital that it
estimates necessary to move into phase two of its business plan. This capital
is expected to be raised by the Company through the sale of its common stock
by way of a private placement(s), debt, or some combination thereof.

If no funding is received during the next twelve months, the Company will be
forced to rely on its existing cash in the bank, which at present totals only
$2,112, and/or funds loaned by the Officer and Director. The Officer/Director
has no formal commitments or arrangements to advance or loan funds to the
Company. In such a restricted cash flow scenario, the Company would be unable
to complete its intended business plan steps, and would, instead, delay all
cash intensive activities.

After raising the projected capital, the Company plans to then enter phase
two of its business plan, which it expects to remain in for approximately
eighteen additional months. The Company's planned budget for this phase
consists of $250,000 for beginning the development of its technology and/or
securing the rights to new technology, $250,000 for testing and proving of
the technology, $250,000 for management and engineers, $100,000 for marketing
expenses, $50,000 for computers and fixed assets, $50,000 in working capital,
and $300,000 for program development and operations, including flight
operations. The Company's budget is based on its plan to enlist a newly
developed technology and, in doing so, remain a Company with lower overhead
looking for a successful "proving-up" of its technology to advance the
Company to new levels through internally generated cash flows rather than
relying on large capitalization and broad appeal in its early development
stage(s). The figures set forth above are estimates that have been based on
the Company's own research into related costs and operating plans. In
actuality, they may be more, or less, than presented herein, and/or may be
distributed differently between the budgeted categories than as set forth
herein.

In this second phase, the Company will look to begin marketing its services
in select key resource areas (i.e. precious metals, oil and gas, etc.) to
assist in locating valuable natural resources with a few key clients that can
help prove and attest to the ability of the system to find such resources.
The Company has not yet selected which key resource areas in which it will
operate, and has no firm arrangements with any key clients at this time. The
Company does not foresee having to raise additional funds at this or any
subsequent phase of its business plan, as it will be operational at this
point and can hopefully rely on short-term bank loans, if necessary, to cover
any "timing" delayed costs of operations.

It is expected that once, and only if, the Company has proven the capability
of its technology and services, it will then be able to enter phase three of
its business plan, wherein it will look to establish itself as a provider of
state of the art services to help locate valuable natural resources
throughout the world. The Company shall seek to instill customer confidence
and presence by name and reputation through the relationships established in
its prior phase(s) with its few select customers through which it has proven
the capabilities of the system. If all goes according to the Company's plan,
it will be in this phase for approximately two years.

Phase four is the completed integration of Company's business model as
already developed through the success of the first three phases. This phase
will capitalize on the lessons learned and experiences obtained in phases two
and three. It is the phase of concurrent operations, in that this stage
recognizes the fast moving changes in the marketplace, which may require the
Company to adapt or modify its business model to meet competitive market
conditions. Therefore, the Company may selectively expand into the most
dynamic and profitable opportunities that have been previously discovered.

ITEM 7. FINANCIAL STATEMENTS

The audited financial statements of the Company and related notes that have
been included in this 10-KSB have been audited by Stark Winter Schenkein &
Co., LLP.  They have been so included in reliance upon the opinion of such
accountants given upon their authority as experts in auditing and accounting.




                        FINANCIAL STATEMENTS AND EXHIBITS.

                             Cyokaras Corporation
                         (A Development Stage Company)

                              Cyokaras Corporation
                                Table of Contents


Report of Independent Auditors (Current Year)

Report of Independent Auditors (Previous Years)

Balance Sheet

Statements of Operations

Statements of Stockholders' Equity

Statements of Cash Flows

Notes to Financial Statements



                         REPORT OF INDEPENDENT AUDITORS

Stockholders and Board of Directors
Cyokaras Corporation

We have audited the accompanying balance sheet of Cyokaras Corporation (A
Development Stage Company) as of December 31, 2002, and the related statements
of operations, stockholders' equity and cash flows for the year ended 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 auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audits 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 by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Cyokaras Corporation (A
Development Stage Company) as of December 31, 2002, and results of its
operations and its cash flows for the year ended December 31, 2002, 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 4 to the
financial statements, the Company has suffered losses from operations and is in
the development stage. These factors raise substantial doubt about the
Company's ability to continue as a going concern. Management's plans in regard
to this matter are also discussed in Note 4. The financial statements do not
include any adjustments that might result from the outcome of this uncertainty.



/s/Stark Winter Schenkein & Co., LLP
------------------------------------

Denver, Colorado
April 7, 2003



                   PRIOR YEARS' INDEPENDENT AUDITOR'S REPORT

Board of Directors and Shareholders of Cyokaras Corporation:

I have audited the accompanying Balance Sheets of Cyokaras Corporation (a
Nevada Corporation) as of December 31, 2001 and 2000, and the related
Statements of Operations, Changes in Stockholders' Equity, and Cash Flows for
the years ended December 31, 2001 and 2000, and the period from February 16,
1999 (the date of inception) through December 31, 2001. These Financial
Statements are the responsibility of the Company's management. My
responsibility is to express an opinion on these financial statements based
on my audit.

I conducted my audit in accordance with generally accepted auditing
standards. Those standards require that I 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. I believe that my audit provided a
reasonable basis for my opinion.

In my opinion, the Financial Statements referred to above present fairly, in
all material respects, the financial position of Cyokaras Corporation as of
December 31, 2001 and 2000, and the results of its operations and its cash
flows for years ended December 31, 2001 and 2000, and the period from
February 16, 1999 (the date of inception) through December 31, 2001, in
conformity with generally accepted accounting principles.

The accompanying Financial Statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 2 to the
Financial Statements, the Company has no viable operations or significant
assets and is dependent upon significant Shareholders to provide sufficient
working capital to maintain the integrity of the corporate entity. These
circumstances create substantial doubt about the Company's ability to
continue as a going concern and are discussed in Note 2.  The Financial
Statements do not contain any adjustments that might result from the outcome
of these uncertainties.

                                      /s/ Merri Nickerson, CPA
                                      ------------------------

MERRI NICKERSON, CPA
Spokane, Washington
January 9, 2002

<PAGE>



                           Cyokaras Corporation
                      (A Development Stage Company)
                              Balance Sheet
                            December 31, 2002

ASSETS

Current Assets:
  Cash                                                             $2,112
                                                                    =====
LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:

  Accounts payable                                                   $650
                                                                     ----
Stockholders' equity

  Common stock, $.001 par value,
    75,000,000 shares authorized,
    9,520,000 shares issued and outstanding                         9,520
  Additional paid in capital                                       14,360
   (Deficit) accumulated during the development stage             (22,418)
                                                                   ------
                                                                    1,462
                                                                   ------
                                                                   $2,112
                                                                   ======

          See the accompanying notes to the financial statements.



                            Cyokaras Corporation
                        (A Development Stage Company)
                          Statements of Operations
            For the Years Ended December 31, 2002 and 2001, and
   the Period From Inception (February 16, 1999) to December 31, 2002


                                        Year Ended   Year Ended  Inception to
                                       December 31, December 31, December 31,
                                           2002        2001          2002
                                        ----------   ----------   ----------
Revenue
                                        $       -    $       -    $       -
                                        ----------   ----------   ----------

Operating expenses:
  General and administrative expenses       8,909       10,621       22,418
                                        ----------   ----------   ----------

Net (loss)                              $  (8,909)   $ (10,621)   $ (22,418)
                                        ----------   ----------   ----------


Per share information- basic and fully diluted

Weighted average shares outstanding     9,520,000    9,120,000    7,637,446

Net (loss) per share                    $   (0.00)   $   (0.00)   $   (0.00)

          See the accompanying notes to the financial statements.




                             Cyokaras Corporation
                         (A Development Stage Company)
                       Statement of Stockholders' Equity
     For the Period from Inception (February 16, 1999) to December 31, 2002

                                       Additional  (Deficit) Accumulated
                         Common Stock   Paid in        During the
                        Shares  Amount  Capital    Development Stage   Total
                       --------- -----     ------           ------    -------
Inception                    -  $    -  $       -       $        -  $      -

Shares issued to
  officer at inception 4,000,000 2,000     (2,000)               -         -
Shares issued for cash
  at $.0015 per share  1,920,000 1,920        960                -     2,880
Net (loss) for
  the period                   -     -          -           (1,622)   (1,622)
                       --------- -----     ------           ------    -------
Balance December 31,
  1999                 5,920,000 3,920     (1,040)          (1,622)    1,258

Shares issued for cash
  at $.0015 per share  2,000,000 2,000      1,000                -     3,000
Net (loss) for the year        -     -          -           (1,266)   (1,266)
                       --------- -----     ------           ------    -------
Balance December 31,
  2000                 7,920,000 5,920        (40)          (2,888)    2,992

Shares issued for cash
  at $.01 per share    1,600,000 1,600     14,400                -    16,000
Reclassification of
  paid in capital              - 2,000     (2,000)               -         -
Net (loss) for the year        -     -          -          (10,621)  (10,621)
                       --------- -----     ------           ------    -------
Balance December 31,
  2001                 9,520,000 9,520     12,360          (13,509)    8,371

Capital contribution
  of operating expenses        -     -      2,000                -     2,000
Net (loss) for the year        -     -          -           (8,909)   (8,909)
                       --------- -----     ------           ------    -------
Balance December 31,
  2002                 9,520,000$9,520    $14,360         $(22,418)   $1,462
                       --------- -----     ------           ------    -------


          See the accompanying notes to the financial statements.



                            Cyokaras Corporation
                        (A Development Stage Company)
                          Statements of Cash Flows
            For the Years Ended December 31, 2002 and 2001, and
     the Period From Inception (February 16, 1999) to December 31, 2002

                                        Year Ended   Year Ended  Inception to
                                       December 31, December 31, December 31,
                                           2002        2001          2002
                                        ----------   ----------   ----------
Cash flows from operating activities:
  Net (loss)                             $ (8,909)    $(10,621)    $(22,418)
  Adjustments to reconcile net (loss)
    to net cash (used in) operating
    activities:
      Non cash capital contribution         2,000            -        2,000
      Increase in accounts payable            650            -          650
                                        ----------   ----------   ----------
Net cash (used in) operating activities    (6,259)     (10,621)     (19,768)
                                        ----------   ----------   ----------
Cash flows from investing  activities:
Net cash provided by (used in)
  investing activities                          -            -            -
                                        ----------   ----------   ----------
Cash flows from financing activities:
  Common stock issued for cash                  -       16,000       21,880
                                        ----------   ----------   ----------
Net cash provided by
  financing activities                          -       16,000       21,880
                                        ----------   ----------   ----------

Net increase (decrease) in cash         $  (6,259)   $   5,379    $   2,112
                                        ----------   ----------   ----------

Beginning - cash balance                    8,371        2,992            -
                                        ----------   ----------   ----------

Ending - cash balance                   $   2,112    $   8,371    $   2,112
                                        ----------   ----------   ----------

Supplemental cash flow information:
  Cash paid for income taxes            $       -    $       -    $       -
  Cash paid for interest                $       -    $       -    $       -












                                Cyokaras Corporation
                           (A Development Stage Company)
                           Notes to Financial Statements
                                December 31, 2002

Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

The Company was incorporated on February 16, 1999 in the State of Nevada and is
in the development stage. The Company intends to develop or acquire technology
to use in the search for natural resource deposits such as minerals, oil and
gas and water. The Company has chosen December 31, as a year-end and has had no
significant activity from inception to December 31, 2002.

Revenue Recognition

The Company recognizes revenue when services are provided or products are
shipped.

Cash and Cash Equivalents

The Company considers all highly liquid investments with an original maturity
of three months or less to be cash equivalents.

Financial Instruments

Fair value estimates discussed herein are based upon certain market assumptions
and pertinent information available to management as of December 31, 2002. The
respective carrying value of certain on-balance-sheet financial instruments
approximated their fair values. These financial instruments include cash and
accounts payable. Fair values were assumed to approximate carrying values for
these financial instruments because they are short term in nature and their
carrying amounts approximate fair values.

Net Income (Loss) Per Common Share

The Company calculates net income (loss) per share as required by Statement
of Financial Accounting Standards ("SFAS") 128, "Earnings per Share." Basic
earnings (loss) per share is calculated by dividing net income (loss) by the
weighted average number of common shares outstanding for the period. Diluted
earnings (loss) per share is calculated by dividing net income (loss) by the
weighted average number of common shares and dilutive common stock
equivalents outstanding. During periods in which the Company incurs losses
common stock equivalents, if any, are not considered, as their effect would
be anti dilutive.

Use of Estimates

The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the amounts reported
in the financial statements and accompanying notes. Actual results could
differ from those estimates.

Segment Information

The Company follows SFAS 131, "Disclosures about Segments of an Enterprise
and Related Information." Certain information is disclosed, per SFAS 131,
based on the way management organizes financial information for making
operating decisions and assessing performance. The Company currently operates
in a single segment and will evaluate additional segment disclosure
requirements as it expands its operations.

Income Taxes

The Company follows SFAS 109 "Accounting for Income Taxes" for recording the
provision for income taxes. Deferred tax assets and liabilities are computed
based upon the difference between the financial statement and income tax
basis of assets and liabilities using the enacted marginal tax rate
applicable when the related asset or liability is expected to be realized or
settled. Deferred income tax expenses or benefits are based on the changes in
the asset or liability each period. If available evidence suggests that it is
more likely than not that some portion or all of the deferred tax assets will
not be realized, a valuation allowance is required to reduce the deferred tax
assets to the amount that is more likely than not to be realized. Future
changes in such valuation allowance are included in the provision for
deferred income taxes in the period of change.

Stock-Based Compensation

The Company accounts for equity instruments issued to employees for services
based on the fair value of the equity instruments issued and accounts for
equity instruments issued to other than employees based on the fair value of
the consideration received or the fair value of the equity instruments,
whichever is more reliably measurable.

The Company accounts for stock based compensation in accordance with SFAS
123, "Accounting for Stock-Based Compensation." The provisions of SFAS 123
allow companies to either expense the estimated fair value of stock options
or to continue to follow the intrinsic value method set forth in Accounting
Principles Board Opinion 25, "Accounting for Stock Issued to Employees" ("APB
25") but disclose the pro forma effects on net income(loss) had the fair
value of the options been expensed. The Company has elected to continue to
apply APB 25 in accounting for its stock option incentive plans.

Impairment of Long-Lived Assets

The Company accounts for long-lived assets and goodwill in accordance with
the provisions of SFAS 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets" and SFAS 142, "Goodwill and Other Intangible Assets." SFAS
144 requires that long-lived assets and certain identifiable intangibles be
reviewed for impairment whenever events or changes in circumstances indicate
that the carrying amount of an asset may not be recoverable. Recoverability
of assets to be held and used is measured by a comparison of the carrying
amount of an asset to future net cash flows expected to be generated by the
asset. If such assets are considered to be impaired, the impairment to be
recognized is measured by the amount by which the carrying amount of the
assets exceeds the fair value of the assets. Assets to be disposed of are
reported at the lower of the carrying amount or fair value less costs to
sell. SFAS 142 requires annual tests for impairment of goodwill and
intangible assets that have indefinite useful lives and interim tests when an
event has occurred that more likely than not has reduced the fair value of
such assets.

Recent Pronouncements

In December 2002, the Financial Accounting Standards Board ("FASB") issued
SFAS 148 "Accounting for Stock-Based Compensation--Transition and Disclosure-
-an amendment of SFAS 123." SFAS 148 provides alternative methods of
transition for a voluntary change to the fair value based method of
accounting for stock-based employee compensation from the intrinsic value-
based method of accounting prescribed by APB 25. As allowed by SFAS 123, the
Company has elected to continue to apply the intrinsic value-based method of
accounting, and has adopted the disclosure requirements of SFAS 123. The
Company currently does not anticipate adopting the provisions of SFAS 148.

In July 2002, the FASB issued SFAS 146, "Accounting for Costs Associated with
Exit or Disposal Activities." SFAS 146 provides new guidance on the
recognition of costs associated with exit or disposal activities. The
standard requires companies to recognize costs associated with exit or
disposal activities when they are incurred rather than at the date of
commitment to an exit or disposal plan. SFAS 146 supercedes previous
accounting guidance provided by the EITF Issue No. 94-3 "Liability
Recognition for Certain Employee Termination Benefits and Other Costs to Exit
an Activity (including Certain Costs Incurred in a Restructuring)." EITF
Issue No. 94-3 required recognition of costs at the date of commitment to an
exit or disposal plan. SFAS 146 is to be applied prospectively to exit or
disposal activities initiated after December 31, 2002. Early application is
permitted. The adoption of SFAS 146 by the Company is not expected to have a
material impact on the Company's financial position, results of operations,
or cash flows.

In April 2002, the FASB issued SFAS 145, "Rescission of FASB Statements No.
4, 44, and 64, Amendment of FASB Statement No. 13, and Technical
Corrections." Among other things, this statement rescinds FASB Statement No.
4, "Reporting Gains and Losses from Extinguishment of Debt" which required
all gains and losses from extinguishment of debt to be aggregated and, if
material, classified as an extraordinary item, net of related income tax
effect. As a result, the criteria in APB Opinion No. 30, "Reporting the
Results of Operations -- Reporting the Effects of Disposal of a Segment of a
Business, and Extraordinary, Unusual and Infrequently Occurring Events and
Transactions," will now be used to classify those gains and losses. The
provisions of SFAS 145 related to the classification of debt extinguishment
are effective for years beginning after May 15, 2002. The adoption of SFAS
145 by the Company is not expected to have a material impact on the Company's
financial position, results of operations, or cash flows.

In November 2001, the EITF of the FASB issued EITF 01-9 "Accounting for
Consideration Given by a Vendor to a Subscriber (Including a Reseller of the
Vendor's Products)." EITF 01-9 provides guidance on when a sales incentive or
other consideration given should be a reduction of revenue or an expense and
the timing of such recognition. The guidance provided in EITF 01-9 is
effective for financial statements for interim or annual periods beginning
after December 15, 2001. The adoption of EITF 01-9 by the Company did not
have a material impact on the Company's financial statements.

In August 2001, the FASB issued SFAS 144, "Accounting for the Impairment or
Disposal of Long-Lived Assets." SFAS 144 provides new guidance on the
recognition of impairment losses on long-lived assets with definite lives to
be held and used or to be disposed of and also issued the definition of what
constitutes a discontinued operation and how the results of a discontinued
operation are to be measured and presented. SFAS 144 is effective for fiscal
years beginning after December 15, 2001. The adoption of SFAS 144 did not
have a material impact on the Company's financial position, results of
operations, or cash flows.

In June 2001, the FASB issued SFAS 143, "Accounting for Asset Retirement
Obligations." SFAS 143 requires the fair value of a liability for an asset
retirement obligation to be recognized in the period that it is incurred if a
reasonable estimate of fair value can be made. The associated asset
retirement costs are capitalized as part of the carrying amount of the long-
lived asset. SFAS 143 is effective for fiscal years beginning after June 15,
2002. The adoption of SFAS 143 did not have a material impact on the
Company's financial position, results of operations or cash flows.

In June 2001, the FASB issued SFAS 142, "Goodwill and Other Intangible
Assets," which provides for non-amortization of goodwill and intangible
assets that have indefinite useful lives, annual tests of impairments of
those assets and interim tests of impairment when an event occurs that more
likely than not has reduced the fair value of such assets. The statement also
provides specific guidance about how to determine and measure goodwill
impairments, and requires additional disclosure of information about goodwill
and other intangible assets. The provisions of this statement are required to
be applied starting with fiscal years beginning after December 15, 2001, and
applied to all goodwill and other intangible assets recognized in the
financial statements at that date. Goodwill and intangible assets acquired
after June 30, 2001 will be subject to the non-amortization provisions of the
statement. Early application is permitted for entities with fiscal years
beginning after March 15, 2001, provided that the first interim financial
statements had not been issued previously. The Company's adoption of the
provisions of SFAS 142 did not have a material impact on the Company's
financial position, results of operations or cash flows.

In June 2001, the FASB issued SFAS 141, "Business Combinations," which is
effective for all business combinations initiated after June 30, 2001. SFAS
141 requires companies to account for all business combinations using the
purchase method of accounting, recognize intangible assets if certain
criteria are met, as well as provide additional disclosures regarding
business combinations and allocation of purchase price. The adoption of SFAS
141 did not have a material impact on the Company's financial position,
results of operations or cash flows.

Note 2. STOCKHOLDERS' (DEFICIT)

During March 2002 the Company affected a 2 for 1 forward stock split of its
common shares. All share and per share amounts have been restated to give
effect to this split.

At inception, the Company issued 4,000,000 shares of its common stock to an
officer.

During 1999 the Company sold 1,920,000 shares of common stock for cash
aggregating $2,880.

During 2000 the Company sold 2,000,000 shares of common stock for cash
aggregating $3,000.

During 2001 the Company sold 1,600,000 shares of common stock for cash
aggregating $16,000.

During the year ended December 31, 2002 an affiliate of the Company contributed
an aggregate of $2,000 in services to the capital of the Company.

Note 3. INCOME TAXES

The Company accounts for income taxes under SFAS 109, "Accounting for Income
Taxes", which requires use of the liability method. SFAS 109 provides that
deferred tax assets and liabilities are recorded based on the differences
between the tax bases of assets and liabilities and their carrying amounts for
financial reporting purposes, referred to as temporary differences. Deferred
tax assets and liabilities at the end of each period are determined using the
currently enacted tax rates applied to taxable income in the periods in which
the deferred tax assets and liabilities are expected to be settled or realized.

The provision for income taxes differs from the amount computed by applying
the statutory federal income tax rate to income before provision for income
taxes. The sources and tax effects of the differences are as follows:

         Income tax provision at
          the federal statutory rate           34 %
         Effect of operating losses           (34)%
                                               --

As of December 31, 2002, the Company has a net operating loss carryforward of
approximately $20,000. This loss will be available to offset future taxable
income. If not used, this carryforward will expire in 2022. The deferred tax
asset relating to the operating loss carryforward has been fully reserved at
December 31, 2002. The difference between the net loss for income tax
purposes and the amount recorded in the Company's books and records results
from $2,000 in contributed services not being deducted for income tax
purposes.

Note 4. BASIS OF REPORTING

The Company's financial statements are presented on a going concern basis,
which contemplates the realization of assets and satisfaction of liabilities
in the normal course of business.

The Company has experienced a loss from operations during its development
stage as a result of its investment necessary to achieve its operating plan,
which is long-range in nature. For the period from inception to December 31,
2002, the Company incurred a net loss of $22,418. In addition, the Company
has no significant assets or revenue generating operations.

The Company's ability to continue as a going concern is contingent upon its
ability to attain profitable operations by securing financing and
implementing its business plan. In addition, the Company's ability to
continue as a going concern must be considered in light of the problems,
expenses and complications frequently encountered by entrance into
established markets and the competitive environment in which the Company
operates.

The financial statements do not include any adjustments to reflect the
possible future effects on the recoverability and classification of assets or
the amounts and classification of liabilities that may result from the
possible inability of the Company to continue as a going concern.


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

On April 7, 2003, the Registrant changed accountants from Merri Nickerson,
CPA to Stark Winter Schenkein & Co., LLP, 7535 East Hampden Ave., Suite 109,
Denver, CO 80231.

The Company's previous certifying accountant, Merri Nickerson, CPA, elected
not to stand for reappointment as the Company's independent accountant. The
financial statements reported on by Merri Nickerson, CPA were not subject to
an adverse or qualified opinion, or a disclaimer of opinion and were not
modified as to uncertainty, audit scope or accounting principles from the
Company's date of inception through the past two calendar years. The decision
to change accountants was approved by the Registrant's Board of Directors.
There were no disagreements related to accounting principles or practices,
financial statement disclosure, or auditing scope or procedure during the
past two fiscal years and the interim period through April 7, 2003.

The Registrant did not consult with Stark Winter Schenkein & Co., LLP, its
new independent accountants, regarding any matter prior to its engagement,
and has provided to Merri Nickerson, CPA, its former accountant, a copy of
the disclosures contained in this Form 10KSB and the Registrant has requested
a letter from Merri Nickerson, CPA, addressed to the Commission, confirming
these statements made by the Registrant. A copy of such letter is attached
hereto.

Part III

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

The Directors and Officers of the Company, all of those whose terms will
expire at the 2003 shareholders meeting, or at such a time as their
successors shall be elected and qualified, are as follows:

The Company's Directors and Executive Officers are as follows:

Name/Address                  Position                        Age
-----------------------       ---------------------           ----

Ronald McIntire               President and Director           36
7310 West Links Ct.
Nine Mile Falls, WA  99206

Since graduating with honors from Seattle Pacific University in 1988 with his
B.A. degree in Business Management - Entrepeneurship, Mr. McIntire has held
increasingly responsible roles within Tall Tree Service where he is
currently, and has been for the past seven years, the General Manager of this
30-person residential tree-service contractor.

In addition, Mr. McIntire has been the founder and President of one other
company, which is closely-held and private.  This Company is an internet-
based listing service for homes "for sale by owners." It is presently in
operation and under the control and ownership of Mr. McIntire and his wife.
Mr. McIntire has also developed a natural fertilizer used to provide a
controlled release system of specialized chemicals for fertilizing outdoor
plants. This technology is held and used by Tall Tree Service, with Mr.
McIntire retaining no further direct rights to the product.

The term of office for each Director is one year, or until his successor is
elected and qualified at the Company's 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.  No Officer or Director of the Company has
been the subject of any Order, Judgement, or Decree of any court of competent
jurisdiction, of any regulatory agency enjoining him from acting as an
investment advisor, underwriter, broker, or dealer in the securities, or as
an affiliated person, director, or employee of an investment company, bank
savings and loan association, or insurance company or from engaging in or
continuing any conduct or practice in connection with the purchase or sale of
any securities nor has any person been the subject of any order of a state
authority barring or suspending for more than sixty days, the right of such
person to be engaged in such activities or to be associated with such
activities.  No Officer or Director of the Company has been convicted in any
criminal proceedings (excluding traffic violations) or the subject of a
criminal proceeding which is presently pending.

ITEM 10. EXECUTIVE COMPENSATION

Ronald McIntire has not received, nor is he projected to receive, any
compensation for his services, including his capacities as director.

Should the Company become profitable and produce commensurate cash flows from
operations and/or through the sale of strategic investments, there may be
some level of compensation paid to him. However, this will be subject to
approval by the Company's Board of Directors.  It is the responsibility of
the Company's Officers and its Board of Directors to determine the timing of
any remuneration for key personnel.  Such determination and timing thereof
will be based upon such factors as positive cash flow to include equity
sales, operating cash flows, capital requirements, and positive cash flow
balances. At present, the Company `s management cannot accurately estimate
the point when revenues and operating cash flows will be sufficient enough to
implement a change to this compensation plan, nor are they able to estimate
the exact amount of compensation that may be paid, at this time.

There are no annuity, pension, or retirement benefits proposed to be paid to
Officers, Directors, or employees of the Company in the event of retirement
at normal date pursuant to any presently existing plan provided or
contributed to by the Company, or any of its subsidiaries, if any.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth information on the ownership of the Company's
voting securities by Officers, Directors and major shareholders as well as
those who own beneficially more than five percent of the Company's common
stock as of December 31, 2002:

Set forth below is a list of those individuals, including any group, known to
be a beneficial owner of more than five percent of any class of the Company's
voting securities:

            Name and               Amount and
            Address of             Nature of           Percent
Title of    Beneficial             Beneficial          of
 Class      Owner                  Owner               Class
---------   ---------------------  ----------------    -----
Common      Ronald McIntire        1,985,000 Shares    41.7%
            7310 West Links Court
            Nine Mile Falls, WA 99206

 All Officers and Directors        1,985,000 Shares    41.7%
   as a group (One Individual)

There are no outstanding rights for any individual, or group, to acquire
additional Shares from options, warrants, rights, conversion privilege, or
similar obligations. Ronald McIntire is the Company's sole officer and
director.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Indemnification of Officers and Directors

As permitted by Nevada law, the Company's Articles of Incorporation provide
that the Company will indemnify its directors and officers against expenses
and liabilities they incur to defend, settle, or satisfy any civil or
criminal action brought against them on account of their being or having been
Company directors or officers unless, in any such action, they are adjudged
to have acted with gross negligence or willful misconduct.  Insofar as
indemnification for liabilities arising under the Securities Act of 1933 may
be permitted to directors, officers or persons controlling the Company
pursuant to the foregoing provisions, the Company has been informed that, in
the opinion of the Securities and Exchange Commission, such indemnification
is against public policy as expressed in that Act and is, therefore,
unenforceable.

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

      (a)   Exhibits

      3.1*  Certificate of Incorporation filed as an exhibit to the
            Company's registration statement on Form 10-SB filed on February
            8, 2001, and incorporated herein by reference.

      3.2*  By-Laws filed as an exhibit to the Company's registration
            statement on Form 10-SB filed on February 8, 2001 and
            incorporated herein by reference.

      (b)   Reports on Form 8-K

            The Company has filed no reports on Form 8-K during the quarter
            ended December 31, 2002, or related to that period.

Item 14. Controls and Procedures

Our Principal Executive Officer/Principal Financial Officer evaluated our
disclosure controls and procedures within the 90 days preceding the filing
date of this annual report. Based upon this evaluation, the Principal
Executive Officer/Principal Financial Officer concluded that our disclosure
controls and procedures are effective in ensuring that material information
required to be disclosed is included in the reports that we file with the
Securities and Exchange Commission.

There were no significant changes in our internal controls or, to the
knowledge of our management, in other factors that could significantly
affect these controls subsequent to the evaluation date.

Signatures

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 on
the dates indicated.

CYOKARAS CORPORATION

By: /s/ Ronald McIntire
        ------------------
        Ronald McIntire
        President, Chief Financial Officer

Date: May 12, 2003




                           CERTIFICATION OF PRESIDENT
                PURSUANT TO THE SECURITIES EXCHANGE ACT OF 1934,
                             RULES 13a-14 AND 15d-14
                             AS ADOPTED PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Cyokaras Corporation (the "Company")
on Form 10-KSB for the period ending December 31, 2002 as filed with the
Securities and Exchange Commission on the date hereof (the "Report"), I,
Ronald McIntire, President of the Company, certify, pursuant to Rules 13a-14
and 15-d14 of the Securities Exchange Act of 1934, as adopted pursuant to
ss.302 of the Sarbanes-Oxley Act of 2002, that:

   (1)        I have reviewed the Report;

   (2)        Based upon my knowledge, the Report does not contain any
              untrue statement of a material fact or omit to state a
              material fact necessary in order to make the statements made,
              in light of the circumstances under which such statements were
              made, not misleading;

   (3)        Based upon my knowledge, the financial statements, and other
              financial information included in the Report, fairly present in
              all material respects the financial condition and results of
              operations of the Company, as of, and for, the periods
              presented in the Report;

   (4)        I and the other certifying officers of the Company:

       a.     are responsible for establishing and maintaining disclosure
              controls and procedures for the Company;
       b.     have designed such disclosure controls and procedures to
              ensure that material information is made known to us,
              particularly during the period in which the Report is being
              prepared;
       c.     have evaluated the effectiveness of the Company's disclosure
              controls and procedures within 90 days of the date of the
              Report; and
       d.     have presented in the Report our conclusions about the
              effectiveness of the disclosure controls and procedures based
              on the required evaluation.

   (5)        I and the other certifying officers have disclosed to the
              Company's auditors and to the audit committee of the board of
              directors (or persons fulfilling the equivalent function):

       a.     all significant deficiencies in the design or operation of
              internal controls (a pre-existing term relating to internal
              controls regarding financial reporting) which could adversely
              affect the Company's ability to record, process, summarize and
              report financial data and have identified for the Company'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 Company's
              internal controls.

   (6)        I and the other certifying officers have indicated in the
              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 their
              evaluation, including any corrective actions with regard to
              significant deficiencies and material weaknesses.

May 12, 2003                 /s/ Ronald McIntire
                               -----------------
                               Ronald McIntire
                               President, Principal Financial and Accounting
                               Officer, and Director

<PAGE>



   CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
   (SUBSECTIONS (A) AND (B) OF SECTION 1350, CHAPTER 63 OF TITLE 18, UNITED
                                 STATES CODE)

Pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a)
and (b) of section 1350, chapter 63 of title 18, United States Code), the
undersigned officer of Cyokaras Corporation, a Nevada Corporation, (the
"Company") hereby certifies to such officer's knowledge that:

The Annual Report on Form 10-KSB for the year ended December 31, 2002, (the
"Form 10-KSB") fully complies with the requirements of Section 13(a) or 15(d)
of the Securities Exchange Act of 1934, and the information contained in the
Form 10-KSB fairly presents, in all material respects, the financial
condition and results of operations of the Company.

May 12, 2003                 /s/ Ronald McIntire
                               -----------------
                               Ronald McIntire
                               President, Principal Financial and Accounting
                               Officer


The foregoing certification is being furnished solely pursuant to section 906
of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350,
chapter 63 of title 18, United States Code) and is not being filed as part of
the Form 10-KSB or as a separate disclosure document.

<PAGE>


Exhibit 16
Letter from Merri Nickerson, CPA
--------------------------------

                      Merri Nickerson, CPA
                      Spokane, WA


April 7, 2003

Securities & Exchange Commission
450 5th Street, N.W.
Washington, D.C. 20549

Re: Cyokaras Corporation

Gentlemen:

Pursuant to the request of the above referenced Company, I affirm that:

    (1)   I have read the Company's response to Item 4 of Form 8-K dated
April 7, 2002; and

    (2)   I agree with the response.


Very Truly Yours,

/s/ Merri Nickerson, CPA