UNITED
STATES

SECURITIES AND
EXCHANGE COMMISSION

WASHINGTON,
DC 20549

FORM 10-KSB

ANNUAL REPORT
PURSUANT TO SECTION 13 OR 15 (D)

OF THE SECURITIES
EXCHANGE ACT OF 1934

For the fiscal year
ended  January 31, 2003

0 - 28571

Commission File
Number

Gold
Entertainment Group, Inc.

(Exact Name
Registrant as Specified in its Charter)

|Nevada
				---------------------------------------
				(State
				of incorporation) | 98-0206212
				----------------------------------
				(I.R.S.
				Employer Identification No.)
|----------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------

2805 East Oakland
Park Boulevard, PMB 363

Ft. Lauderdale,
FL  33306

(Address of
principal executive offices)

(561) 927-0605

(Issuer's
telephone number, including area code)

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

Title of each class
Name of each Exchange on which Registered

None

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

Common stock

Indicate by check
mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. |X| Yes | | No

Indicate by check
mark if disclosure of delinquent filers pursuant Item 405 of
Regulation S-K 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-K or any amendment to this form 10-K. |_|

Indicate by check
mark whether the registrant is an accelerated filer (as defined in
Rule 12b-2 of the Act). |_| Yes |X| No

The aggregate market
value of the registrant's voting stock held by non-affiliates,
based upon the closing price for the common stock of $.001 per share
as reported on the Pink Sheets on January 31, 2003 was approximately
$10,426.00 (based on 10,426,362 shares outstanding).

There were
10,426,362 shares of common stock, issued and outstanding at  January
31, 2003.

DOCUMENTS
INCORPORATED BY REFERENCE: None

---

GOLD
ENTERTAINMENT GROUP, INC.

INDEX TO ANNUAL
REPORT ON FORM 10-KSB

FOR THE FISCAL
YEAR ENDED JANUARY 31, 2003

PART I

Item 1.	Business

Item 2.	Properties

Item 3.	Legal
Proceedings

Item 4.	Submission
of Matters to a Vote of Security Holders

PART II

Item 5.	Market for
Company's Common Equity and Related Stockholder Matters

Item 6.	Management's
Discussion and Analysis or Plan of  Operations

Item 7.	Financial
Statements and Supplementary Date

Item 8.	Changes in
and Disagreements with Accountants on Accounting and Financial
Disclosure

Item 8A.  	Controls
and Procedures

Item 8B.		Other
Information

PART III

Item 9.	Directors,
Executive Officers, Promoters and Control Persons; Compliance With
Section 16(a) of the Exchange Act

Item 10.	Executive
Compensation

Item 11.	Security
Ownership of Certain Beneficial Owners and Management

Item 12.	Certain
Relationships and Related Transactions

Item 13.	Exhibits

Item 14.	Principal
Accountant Fees and Services



---

DISCLOSURE
REGARDING FORWARD-LOOKING STATEMENTS

Certain statements
contained in this Annual Report on Form 10-KSB, including without
limitation, statements containing the words "believes,"
"anticipates," "estimates," "expects," "intends," and
words of similar import, constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those reflected in these forward-looking statements. Factors
that might cause such a difference include, but are not limited to,
those discussed in the section entitled "Management's Discussion
and Analysis of Financial Position and Results of Operations -
Factors That May Affect Future Results and Market Price of Stock."

Readers are
cautioned not to place undue reliance on these forward- looking
statements, which reflect Management's opinions only as of the date
hereof. The Company undertakes no obligation to revise or publicly
release the results of any revisions to these forward- looking
statements. Readers should carefully review the risk factors
described in other documents the Company files from time to time with
the Securities and Exchange Commission.

PART I ITEM 1.	BUSINESS We were
	incorporated under the laws of the State of Nevada on February 3,
	1999.  We were organized primarily for the purpose of establishing
	a website information system specializing in the medical industry.
	This concept was terminated by management during the latter part of
	the year 2000 and all rights to the Company's previous website
	(www.txsave.com) were transferred to the
	Company's former President, Irving Abrams.  In
	January 2001, we acquired from James J. Reidy an exclusive license
	to patents relating to technology that produces pure drinking water
	directly from the air.  At this time, we  entered into a consulting
	agreement with Mr. Reidy who was going to assist the Company in
	arranging for the manufacture and sale of WaterStar machines that
	were based on the acquired technology.  .In March 2002, we decided
	to abandon this business.  On
	April 5, 2002, we entered into a  Stock Exchange and Merger
	Agreement with Gold Entertainment Group, Inc. (the "Company").
	 In connection with this merger,  our previous management team
	resigned and a new management team, consisting of Hamon Francis
	Fytton and Dan Boyer joined our company.  New management intends to engage in the business of providing
	pre-paid Internet access cards to be marketed through retail
	locations. It further intends to establish a network of distributors
	to market a variety of the Company's pre-paid Internet access cards
	through their existing channels. To accomplish this, the Company
	intends to build on existing relationships with potential
	distributors and to focus on strategic partnerships for
	distribution, marketing and billing systems.  The Company took
	initial steps to develop this business during the fiscal year ended
	January 31, 2003.  Employees As of  January 31,
	2003, we did not have any employees.    Hamon Frances Fytton, the
	Chief Executive Officer of Gold Entertainment, has been providing
	and overseeing all business activities of the company. ITEM 2. PROPERTIES Our corporate
	headquarters are located in Fort Lauderdale Florida in a300
	square foot office facility in an executive office suite.   We have
	a month to month lease through January 2003.We believe that the facilities are well maintained, in substantial
	compliance with environmental laws and regulations, and adequately
	covered by insurance. We also believe that these leased facilities
	are not unique and could be replaced, if necessary, at the end of
	the term of the existing leases. ITEM 3. LEGAL
	PROCEEDINGS None ITEM 4.
	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS None.    PART II ITEM 5. MARKET
	FOR COMPANY'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS Our common stock
	currently trades on the Pink Sheets  under the symbol "GEGP".
	 Set forth below is the range of high and low information for our
	common stock as traded on thePink
	Sheetsduring fiscal 2003 and fiscal
	2002.  This information regarding trading on the Pink Sheets
	represents prices between dealers and does not reflect retail
	mark-up or markdown or commissions, and may not necessarily
	represent actual market transactions.  Fiscal
						Period
					HIGH
					LOW2003:First
						quarter (February - April 30, 2002)
					$0.1
					$0.004Second
						quarter (May 1 - July 30, 2002)
					$0.004
					$0.001Third
						quarter (August 1 - October 30, 2002)
					$0.008
					$0.001Fourth
						quarter (November 1 - January 31, 2003)
					$0.20
					$0.0012002:First
						quarter (February - April 30, 2001)
					$0.80
					$0.10Second
						quarter (May 1 - July 30, 2001
					$0.70
					$0.10Third
						quarter (August 1 - October  30, 2001)
					$0.14
					$0.01Fourth
						quarter (November 1 - January 31, 2002)
					$0.06
					$0.005 As of January
	 31, 2003, there were74record holders of our outstanding common stock. COMMON STOCK The Company has
	never declared or paid cash dividends on its common stock and the
	Company's Board of Directors intends to continue its policy for
	the foreseeable future.. Future dividend policy will depend upon the
	Company's earnings, financial condition, contractual restrictions
	and other factors considered relevant by the Company's Board of
	Directors and will be subject to limitations imposed under Delaware
	law. On March 25, 2002,
	the Board of Directors implemented a 1 for 25 reverse split of the
	Company's common stock.   On September 26, 2002, the Company
	implemented a 2.5 for 1 forward stock split. ITEM 6.
	Management's DISCUSSION AND ANALYSIS  OR PLAN OF OPERATIONS OVERVIEW We did not generate
	any revenues in the fiscal year ended January 31, 2003 or the fiscal
	year ended January 31, 2002 and have not generated any revenues
	since our inception on February 3, 1999.   Our general and
	administrative expenses were $107,513 in fiscal 2003 and $467,470 in
	fiscal2002.Since inception, our operating expenses have been $660,176.  Our
	operating expenses were significantly lower in fiscal 2003 compared
	to fiscal 2002 becauseGold
	Entertainment Group Inc. is engaged in a significantly different
	business than in fiscal 2002 with much lower operating costs.
	 As a result of the forgoing, our net loss for the fiscal year ended
	January 31, 2003 was $107,513 and $467,470 for fiscal 2003.  Our
	cumulative loss  from inception is $660,176. At January 31,
	2003, we had no cash on hand.  Our current liabilities consisted of
	accounts payable and accrued expenses of $122,100, and a loan
	payable to a related party of $81,400.  Our stockholder's equity
	was negative $203,500. Operations
	in fiscal 2003 were  funded by capital contributions from our
	directors. The company actively sought investment capital from a
	variety of sources during fiscal  2003.  The company did not
	anticipate that it would receive any significant investments until
	the stock was actively traded which would require a Form 15c-211
	being successfully filed by a broker dealer. A filing was made in
	December 2002 which was later abandoned.Our
	currentplan
	requires investment capital in order to proceed beyond the current
	prototype stage into full operation. FACTORS THAT MAY
	AFFECT FUTURE RESULTS AND MARKET PRICE OF STOCK We are a
	development stage company We are in
	the development stage and our proposed operations are subject to all
	of the risks inherent in the establishment of a new business
	enterprise, including the absence of an operating history.  Our
	proposed product, pre-paid Internet access cards, remain in
	development, has not been tested in its commercial applications, and
	there can be no assurance regarding its commercial success. 
	The likelihood of the Company's success must be considered in
	light of the problems, expenses, difficulties, complications, and
	delays frequently encountered in connection with the formation of a
	new business and the competitive environment in which we will
	operate. In order to commence operations, we have to develop and
	implement relationships with suppliers and customers that do not yet
	exist. We have had no revenues to date and there can be no assurance
	of future revenues. As a result of the start-up nature of our
	business and the fact that we will incur start-up expenses, we
	expect to sustain initial operating losses. No
	Assurances of Revenue or Profitability We anticipate that
	our primary source of revenue will come from the sale of our
	pre-paid Internet access cards.   However, we have not conducted any
	marketing tests and do not know if people will purchase our pre-paid
	Internet access cards.  If people do not purchase a sufficient
	number of Internet access cards, we will not generate enough
	revenues to cover our overhead expenses and will not be profitable. We need
	additional capital The market for
	pre-paid Internet access cards is capital intensive and it will
	require significant capital expenditures to complete and develop
	this business.   We expect to make significant capital expenditures
	in the future to develop this business.   If we are unable to secure
	needed additional financing, if and when needed, it may limit our
	ability to develop the pre-paid Internet access card business.  In
	the event that our plans or assumptions change or prove to be
	inaccurate or if cash flow proves to be insufficient, due to
	unanticipated expenses or otherwise, it may seek to minimize cash
	expenditures and/or obtain additional financing in order to support
	our plan of operations. Additional funding, whether obtained through
	public or private debt or equity financing, or from strategic
	alliances, may not be available when needed or may not be available
	on terms acceptable to us. Our business
	model is not proven Our business plan,
	based on the pre-paid Internet access cards, is relatively unproven.
	   In order for our business plan to suceed we must create a market
	demand for our products, or, rather, successfully promote our
	products as superior substitutes for products that have already
	achieved market acceptance.  Our likelihood of success depends
	on our ability to develop these products and communicate effectively
	their superiority to the marketplace. We must convince businesses
	that use the Internet, that our Internet access cards have
	competitive advantages to support marketing them. To be
	successful, we must market our Internet access cards so that they
	achieves market acceptance by our targeted potential customers. ITEM 7.  FINANCIAL STATEMENTS The financial statements of the Company are included following the signature page to this Form 10-KSB. ITEM 8.	CHANGES
	IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
	DISCLOSURE On June 6, 2002,
	Anderson, Anderson & Song, L.C. ("AAS") resigned as our
	independent certified public accountant. The report of AAS on our
	consolidated financial statements for fiscal 2002, fiscal 2001 did
	not contain an adverse opinion or disclaimer of opinion and was not
	qualified or modified as to uncertainty, audit scope or accounting
	principles. Furthermore,  AAS did not advise us that: 1) 	internal
	controls necessary to develop reliable consolidated financial
	statements do not exist, or 2) 	information has
	come to the attention of AAS which made in unwilling to rely upon
	Management's representations or made it unwilling to be associated
	with the consolidated financial statements prepared by management,
	or 3) 	the scope of
	the audit should be expanded significantly, or information has come
	to the attention of AAS that they have concluded will, or if further
	investigated might, materially impact the fairness or reliability of
	a previously issued audit report or the underlying consolidated
	financial statements, or the consolidated financial statements
	issued or to be issued covering the fiscal periods subsequent to
	January 31,, 2002 (including information that may prevent it from
	rendering an unqualified audit report on those consolidated
	financial statements) or made in unwilling to rely on Management's
	representations or to be associated with the consolidated financial
	statements prepared by management or, 4) 	information has
	come to the attention  of AAS that they have concluded will, or if
	further investigated might, materially impact the fairness or
	reliability of a previously issued audit report or the underlying
	consolidated financial statements or the consolidated financial
	statements issued or to be issued covering the fiscal periods
	subsequent to January 31, 2002 through June 7, 2002, the date of the
	Form 8-K filing reporting the change in accountants, that had not
	been resolved to the satisfaction of AAS or which would have
	prevented AAS from rendering an unqualified audit report on such
	consolidated financial statements. During our two most
	recent fiscal years and all subsequent interim periods through June
	7, 2002, there were no disagreements with AAS on any matters of
	accounting principles or practices, financial statement disclosure
	or auditing scope or procedure, which, if not resolved to the
	satisfaction of AAS would have caused it to make reference to the
	subject matter of the disagreements in connection with its reports
	on these financial statements for those periods. InMay
	2002,we engaged Baum & Company,
	P.A.as our independent certified public accountant. Our decision to
	engage new accountants was approved by our Audit Committee inMay
	2002. We did not consult
	with Baum & Company, P.A. regarding the application of
	accounting principles to a specific transaction, either completed or
	proposed, or the type of audit opinion that might be rendered on our
	financial statements, and no written or oral advice was provided by
	Baum & Company that was a factor considered by us in reaching a
	decision as to the accounting, auditing or financial reporting
	issues. . ITEM 8A.	 	CONTROLS
	AND PROCEDURES  Evaluation of
	Disclosure Controls and Procedures  We were not able
	to carry out an evaluation, under the supervision and with the
	participation of our management, includingHamonFrancis Fytton,  our Chief Executive
	Officer and Chief Financial Officer , of the effectiveness of our
	disclosure controls and procedures as of the end of January 31,
	2003, the period covered by this Annual Report on Form 10-KSB
	because the financial statements were prepared after the date of
	this Annual Report.  However, Hamon Francis Fytton did review our disclosure controls and procedures
	as of December 15, 2004 and based on this evaluation, he has concluded that
	our disclosure controls and procedures were effective in
	accumulating and communicating to our management, including them,
	material information required to be included in the reports we file
	or submit under the Securities Exchange Act of 1934 as appropriate
	to allow timely decisions regarding required disclosures.  Changes in
	Internal Control over Financial Reporting  Based
	on an evaluation, under the supervision and with the participation
	of Hamon Francis Fytton, our Chief Executive Officer and Chief
	Financial Officer, there has been no change in our internal control
	over financial reporting during our last fiscal quarter, identified
	in connection with the evaluation, that has materially affected, or
	is reasonably likely to materially affect, our internal control over
	financial reporting ITEM 8B.   OTHER
	INFORMATION We
	did not file any reports on Form 8-K during the three month period
	between October 31, 2002 through January 31, 2003.    PART III ITEM 9.
	DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS;
	COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT The following table
	sets forth certain information with respect to our executive
	officers, directors and significant employees as of January 31,
	2003. Name
				Age
				PositionHamonFrancis Fytton
				53
				Chief
					Executive Officer, Chief Financial Officer
					And
					Chairman of the BoardMark
					Boyer
				54
				Director  Mr.
	Fytton has served as our Chief Executive Officer, Chief Financial
	Officer and Director of Gold Entertainment since March 26, 2002.
	Mr. Fytton has over 20 years experience in the computer industry,
	commencing with Sperry Univocal in London, England and later in
	their Chicago office. Having been involved in all aspects of the
	computer industry notably as a Network Specialist with Xerox
	Corporation, Software Product Manager for Crowntek Networks and
	Product Manager with Microsoft Corporation, this demonstrates a firm
	foundation in the computer industry. Mr. Fytton has also operated
	Internet Web-sites for several years, has acted as an Internet
	consultant and conducted seminars throughout the U.S. and Canada.
	Most recently Mr. Fytton was the co-founder and Chief Technical
	Administrator for the Internet Advisory Corporation, a public
	corporation.  Marc
	Boyer has served as our VP Technical Services and Director since
	March 26, 2002.  Marc Boyer is a graduate of the IHPST at the
	University of Toronto, where he did his Master's work in the
	development of communication technology and neurophysiology. He has
	specialized in the use of Database technology and Interactive
	Multimedia for Training and Business. He helped develop a startup
	company Blue Owl Multimedia Inc that partnered with Philips
	Electronics in Einhoven to create MPEG based interactive training
	CD's using hyperscripts and real actors. This involved original
	research on a new type of motion video GUI that was supported by the
	National Research Council. He has worked for corporations and
	colleges in the development of Internet based distance training
	including the Humber College School of Hospitality. In addition Marc
	is an experienced programmer who has also developed and delivered
	training programs in VB, VBA, Cold Fusion, ASP and a number of other
	application technologies.  Our directors serve
	for a term of one year, or until their successors shall have been
	elected and qualified.  Our executive officers are appointed and
	serve at the discretion of the Board of Directors.  One of our
	executive officers, Mr. Chan has an employment agreement with us.  BOARD COMMITTEES We have an audit
	committee consisting of Mr. Fytton and Mr. Boyer.  The audit
	committee recommends the engagement of independent auditors to the
	board, initiates and oversees investigations into matters relating
	to audit functions, reviews the plans and results of audits with our
	independent auditors, reviews our internal accounting controls, and
	approves services to be performed by our independent auditors.. DIRECTOR'S
	COMPENSATION Our directors did
	not receive any compensation for serving on our Board of Directors
	during fiscal 2003. COMPLIANCE WITH
	SECTION 16(a) OF THE EXCHANGE ACT Section 16(a) of
	the Exchange Act requires our directors and executive officers and
	person who own beneficially more than 10% of our common stock to
	file reports of ownership and changes in ownership of such common
	stock with the Securities and Exchange Commission, and to file
	copies of such reports with us.  Based solely on
	a review of the copies of such reports furnished to the Company and
	written representations that no other reports were required, the
	Company believes that during the year ended January 31, 2003, its
	officers, directors and 10% shareholders complied with all Section
	16(a) filing requirements except Frances Fytton and Mark Boyer were
	not timely in the filing of their Initial Statement of Beneficial
	Ownership of Securities and Mr. Fytton filed a late Form 4
	representing his contribution of Grillion shares to the Company, and
	the previous officers and directors were not timely in filing their
	reports indicating they were no longer subject to Section 16. ITEM 10.
	EXECUTIVE COMPENSATION The following table
	sets forth certain compensation information for the fiscal years
	ended  January 31, 2003, 2002 and 2001 with regard to  Hamon Francis
	Fytton, our Chief Executive Officer and Chief Financial Officer
	since March 26, 2002 and Donald Brumlik, our President from December
	31, 2001 through March 26, 2002. Position
					Year
					Salary

					Bonus
					Other CompensationHamon Francis Fytton (1)2003
					$0
					$0
					$02002
					$0
					$0
					$02001
					$0
					$0
					$0David Brumlik (2)2003
					$0
					$0
					$02002
					$0
					$0
					$02001
					$0
					$0
					$5,088,000 Mr. Fytton became
		our Chief Executive Officer on March 26, 2002.Mr. Brumlik
		resigned as our Chief Executive Officer on March 26, 2002 when the
		principals of Gold Entertainment acquired our company.On August 31,
		2001, we issued 1,600,000 shares of its common stock to Donald
		Brumlik as compensation for his services to the Company which are
		valued based on the fair market value on this date of $3.18 per
		share.   OPTION GRANTS IN
	FISCAL 2003 We did not grant
	any options to any of our officers and directors during fiscal 2003. Aggregated
	Option Exercises In Fiscal Year Ended March 31, 2003 And Option
	Values None
	of our officers and directors exercised any options during fiscal
	2003. EMPLOYMENT
	AGREEMENTS We do not have any
	employment agreements with any of our executive officers during
	fiscal 2003. ITEM
	11.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table
	set forth as of January 31, 2003, certain information concerning
	beneficial ownership of our common stock by: -all directors of
	Gold Entertainment, -all executive
	officers of Gold entertainment. -persons known to
	own more than 5% of our common stock; Unless otherwise
	indicated, the address for each person is Gold Entertainment Group, Inc.,
	2805 E. Oakland Park Blvd., Suite 363, Ft. Lauderdale, Florida
	33306.   As of January 31, 2003, we had 10,426,362  shares of our
	common stock issued and outstanding.  As used herein, the term
	beneficial ownership with respect to a security is defined by Rule
	13d-3 under the Securities Exchange Act of 1934 as consisting of
	sole or shared voting power (including the power to vote or direct
	the vote) and/or sole or shared investment power (including the
	power to dispose or direct the disposition of) with respect to the
	security through any contract, arrangement, understanding,
	relationship or otherwise, including a right to acquire such
	power(s) during the next 60 days. Unless otherwise noted, beneficial
	ownership consists of sole ownership, voting and investment rights.  PEOPLE THAT OWN MORE THAN 5% OF GOLD'S ISSUED AND
	OUTSTANDING COMMON STOCK Shares
				of
				Common
				Name

			Percent
				of
				Common
				Stock


			Amount
				of
				Common
				StockHamonFrancis Fytton
				CEO,
				CFO and Director
			48%
			5,000,000.00MarkBoyer
				Director
			19%
			2,000,000.00 ITEM 12.
		CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS Effective
	as of September 2, 2002, Hamon Francis Fytton, our CEO and majority
	stockholders, donated 6 million shares to the company, which shares
	were cancelled.  As of January 31, 2003, Hamon Francis Fytton
	advanced $81,400 to the Company for working capital.  The loan is
	unsecured and is non-interest bearing and has no maturity date. Effective
	as of September 30, 2002,James
	J. Reidy, a consultant contributed
	$194,832 to capital.  This represents the balance of accrued
	consulting fees outstanding.  Additionally, this related party
	received the rights to certain company owned patents and
	intellectual property. ITEM 13.
	EXHIBITS Exhibit 3.1
	Articles of Incorporation of Advanced Medical Technologies, Inc.
	filed with the Nevada Secretary of State on February 2, 1999
	(incorporated by reference to Exhibit 2(a) of the Company's Form
	10-5B filing on December 20, 1999). Exhibit 3.2
	Articles of Merger dated April 4, 2002 between AMT and Gold
	Entertainment filed with the Nevada Secretary of State on April 5,
	2002 (incorporated by reference to Exhibit 2.2 of the Company's
	Current Report in Form 8-K filed with the SEC on  April 17, 2002). Exhibit 3.3  Bylaws
	(incorporated by reference to Exhibit 2(B) of the Company's Form
	10-5B filing in December 20, 1999). Exhibit 10.1  Stock
	Exchange Agreement dated March, 2002 by and between Advanced Medical
	Technologies, Inc. and Gold Entertainment Group, Inc. (incorporated
	by reference to Exhibit 2.1 of the Company's Current Report in
	Form 2-K filed with the SEC on April 17, 2002). Exhibit 31.1.
	Certification of the Chief Executive Officer  pursuant to Section
	302 of the Sarbanes- Oxley Act of 2002* Exhibit 31.2.
	Certification of the Chief Financial Officer pursuant to Section 302
	of the Sarbanes-  Oxley Act of 2002* Exhibit 32.1
	Certification of the Chief Executive Officer pursuant to Section 906
	of the Sarbanes-Oxley Act* Exhibit 32.2.
	Certification of the Chief Financial Officer pursuant to Section 906
	of the Sarbanes-Oxley Act*  ITEM 14.
	Principal Accountant Fees and Services The following is a
	summary of the fees billed to Gold Entertainment by Baum &
	Company for professional services rendered for the fiscal years
	ended January 31, 2003 and January 31, 2002, respectively: Fee
									Category
								Fiscal 2003
								
								Fiscal 
									2002Audit Fees
								$5,000.00
								
								$5,000.00Audit-Related
									Fees
								0
								
								0Tax Fees
								0
								
								0All Other
									FeesTotal Fees
								$5,000.00
								
								$5,000.00  Audit Fees.Consists of fees billed for professional services rendered for
	the audit of Gold Entertainment's consolidated financial
	statements and review of the interim consolidated financial
	statements included in quarterly reports and services that are
	normally provided by Baum & Company in connection with statutory
	and regulatory filings or engagements. Audit-Related
	Fees.Consists of fees billed for
	assurance and related services that are reasonably related to the
	performance of the audit or review of Gold Entertainment's
	consolidated financial statements and are not reported under "Audit
	Fees." These services include employee benefit plan audits,
	accounting consultations in connection with acquisitions, attest
	services that are not required by statute or regulation, and
	consultations concerning financial accounting and reporting
	standards. Tax Fees.
	   Consists of fees billed for professional services for tax
	compliance, tax advice and tax planning. These services include
	assistance regarding federal and state  tax compliance, tax audit
	defense, customs and duties, mergers and acquisitions, and
	international tax planning. All Other Fees.Consists of fees for products and services
	other than the services reported above. In fiscal 2004, these
	services included general business meetings between Baum &
	Company and executives and directors of Gold Entertainment. Policy on Audit
	Committee Pre-Approval of Audit and Permissible Non-Audit Services
	of Independent Auditors The Audit
	Committee's policy is to pre-approve all audit and permissible
	non-audit services provided by the independent auditors. These
	services may include audit services, audit-related services, tax
	services and other services. Pre-approval is generally provided for
	up to one year and any pre-approval is detailed as to the particular
	service or category of services and is generally subject to a
	specific budget. The independent auditors and management are
	required to periodically report to the Audit Committee regarding the
	extent of services provided by the independent auditors in
	accordance with this pre-approval, and the fees for the services
	performed to date. The Audit Committee may also pre-approve
	particular services on a case-by-case basis. SIGNATURES In accordance with
	the requirements of Section 13 and 15(d) of the Securities Exchange
	Act of 1934, the Company has duly caused this report to be signed on
	its behalf by the undersigned, thereunto duly authorized. GOLD
	ENTERTAINMENT GROUP, INC. Prepared and Signed Dated:    December
	21, 2004	By:/s/ Hamon Francis Fytton Hamon Francis
	FyttonChief Executive Officer, Chief Financial Officer and
	Director (Principal
	Executive Officer and Duly Authorized Representative) In accordance with
	the requirements of the Securities Exchange Act of 1934, this report
	has been signed below by the following persons on behalf of the
	Company and in the capacities and on the dates indicated. Signature
			Capacity
			Date/s/Hamon Francis Fytton
				____________________
				Hamon
				Francis Fytton
			Chief
				Executive Officer, Chief
			December 21, 2004//s/Hamon Francis Fytton
			(Director)
			December 21, 2004


---



BAUM
& COMPANY, P.A.

Certified
Public Accountants

1515
University Drive, Suite 209

Coral
Springs, Florida  33071



REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



Board
of Directors and Stockholders of Gold Entertainment Group, Inc

Fort
Lauderdale Florida



We
have audited the accompanying balance sheets of Gold Entertainment
Group Inc. (formerly Advanced Medical Technologies, inc.) as of
January  31, 2003 and 2002 and the related statements of operations,
stockholders' equity (deficit) and cash flows for the years then
ended and cumulatively from inception February 3, 1999 to January
31, 2003.  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 (United States).  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 consolidated 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 Gold
Entertainment Group Inc. (formerly Advanced Medical Technologies,
inc.) as of January  31, 2003 and 2002 and the results of their
operations and their cash flows for  the years then  ended and
cumulatively from inception February 3  1999 to January  31, 2003 in
conformity with U.S. 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
6, the Company is experiencing difficulty in generating sufficient
cash flow to meet its capital requirements and sustain operations,
which raises substantial doubt about its ability to continue as a
going concern. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.



BAUM
& COMPANY, P.A.

Coral
Springs, Florida

December
21, 2004







---

GOLD
ENTERTAINMENT GROUP INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

BALANCE
SHEETS

JANUARY
31, 2003 AND 2002



|                                                                                                                  | 2003      |  | 2002     
|----------------------------------------------------------------------------------------------------------------- | --------- |  | ---------
|ASSETS                                                                                                            |           |  |          
|CURRENT
			ASSETS                                                                                                 |           |  |          
|Cash                                                                                                              | $0        |  | $0       
|                                                                                                                  |           |  |          
|                                                                                                                  |           |  |          
|Total
			current assets                                                                                           | 0         |  | 0        
|                                                                                                                  |           |  |          
|                                                                                                                  |           |  |          
|Total
			Assets                                                                                                   | $0        |  | $0       
|                                                                                                                  |           |  |          
|LIABILITIES
			AND STOCKHOLDERS' EQUITY(DEFICIT)                                                                  |           |  |          
|CURRENT
			LIABILITIES                                                                                            |           |  |          
|Accounts
			payable and Accrued Expenses                                                                          | $122,100  |  | $227,646 
|Accrued
			consulting fees-Related party                                                                          | 0         |  | 194,832  
|Total
			current liabilities                                                                                      | 122,100   |  | 422,478  
|LONG
			TERM LIABILITIES                                                                                          |           |  |          
|Loan
			payable- related party                                                                                    | 81,400    |  | 0        
|                                                                                                                  |           |  |          
|                                                                                                                  |           |  |          
|Total
			Liabilities                                                                                              | 203,500   |  | 422,478  
|                                                                                                                  |           |  |          
|STOCKHOLDERS'
			EQUITY (DEFICIT)                                                                                 |           |  |          
|Common stock, $0. 001
			par value, 200,000,000 shares authorized;
			10,426,362
			shares issued and outstanding | 10,426    |  | 2,105    
|Additional
			paid-in capital                                                                                     | 446,250   |  | 128,080  
|Retained
			earnings (deficit)                                                                                    | (660,176) |  | (552,663)
|                                                                                                                  |           |  |          
|Total
			stockholders' equity (deficit)                                                                           | (203,500) |  | (422,478)
|                                                                                                                  |           |  |          
|Total
			Liabilities and Stockholders' Equity (Deficit)                                                           | $0        |  | $0       



The
accompanying notes are an integral part of the financial statements





---

GOLD
ENTERTAINMENT GROUP INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

STATEMENT
OF OPERATIONS

FOR
THE YEARS ENDED JANUARY 31, 2003 AND 2002 AND FOR THE PERIOD FROM
FEBRUARY 3, 1999 (INCEPTION) UNTIL JANUARY 31, 2003



|                                                          | FOR
					THE      |                        |                                
|--------------------------------------------------------- | ----------------- | ---------------------- | -------------------------------
|                                                          | PERIOD            |                        |                                
|                                                          | FEB
					3 199    | YEAR                   | ENDED                          
|                                                          | (INCEPTION)       |                        |                                
|                                                          | UNTIL             | JANUARY
					31        | JANUARY
					31                
|                                                          | JAN
					31, 2003 | 2003                   | 2002                           
|                                                          |                   |                        |                                
|REVENUES                                                  | $0                | $0                     | $0                             
|                                                          |                   |                        |                                
|                                                          |                   |                        |                                
|OPERATING
					EXPENSES                                   | 660,176           | 107,513                | 467,470                        
|                                                          |                   |                        |                                
|                                                          |                   |                        |                                
|Loss
					before provision for income taxes               | (660,176)         | (107,513)              | (467,470)                      
|Income
					taxes                                         | -0-               | -0-                    | -0-                            
|                                                          |                   |                        |                                
|Net
					income (loss)                                    | $(660,176)        | $(107,513)             | $(467,470)                     
|                                                          |                   |                        |                                
|Net
					income (loss) per common share, basic            |                   | $
					         (0.01) | $
					   (0.22)           0.00
|                                                          |                   |                        |                                
|Weighted
					average number of common shares outstanding |                   | 17,903,116             | 2,104,730                      







The
accompanying notes are an integral part of the financial statements



---

GOLD
ENTERTAINMENT GROUP INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

STATEMENT
OF STOCKHOLDERS EQUITY

JANUARY 31, 2003

COMMON
STOCK

|                                                                      | NUMBER       |          | ADDITIONAL        |                   
|--------------------------------------------------------------------- | ------------ | -------- | ----------------- | ------------------
|                                                                      | OF
			SHARES | PARVALUE | PAID
			INCAPITAL | ACCUMULATEDDEFICIT
|                                                                      |              |          |                   |                   
|                                                                      |              |          |                   |                   
|Balance-January
			 31 2001                                           | 1,419,730    | $1,420   | $42,265           | $(85,193)         
|                                                                      |              |          |                   |                   
|                                                                      |              |          |                   |                   
|May
			2001 Issuance of common stock for Patent rights and consulting | 5,000        | 5        | 495               |                   
|                                                                      |              |          |                   |                   
|July
			2001 Common stock issued  for cash                            | 20,000       | 20       | 19,980            |                   
|                                                                      |              |          |                   |                   
|August
			2001 Common stock issued  for Patent rights and consulting  | 500,000      | 500      | 49,500            |                   
|                                                                      |              |          |                   |                   
|August
			2001 Common stock issued for services                       | 160,000      | 160      | 15,840            |                   
|                                                                      |              |          |                   |                   
|Net
			Loss for year ending January 31, 2002                          |              |          |                   | (467,470)         
|Balance-January
			 31 2002                                           | 2,104,730    | 2,105    | 128,080           | (552,663)         
|                                                                      |              |          |                   |                   
|March
			2002 Common stock issued for merger                          | 23,025,000   | 23,025   | (23,025)          |                   
|                                                                      |              |          |                   |                   
|March
			2002 Common stock issued for cash                            | 296,620      | 296      | 131,363           |                   
|                                                                      |              |          |                   |                   
|Sept
			2002 Capital Contribution                                     |              |          | 194,832           |                   
|                                                                      |              |          |                   |                   
|Sept
			2002 Common stock donation                                    | (15,000,000) | (15,000) | 15,000            |                   
|                                                                      |              |          |                   |                   
|Net
			Loss for year ending January 31, 2003                          |              |          |                   | (107,513)         
|                                                                      |              |          |                   |                   
|Balance-January
			 31 2003                                           | 10,426,362   | $10,426  | $446,250          | $(660,176)        





The
accompanying notes are an integral part of the financial statements



---

GOLD
ENTERTAINMENT GROUP INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

STATEMENT
OF CASH FLOWS

FOR
THE YEARS MONTHS ENDED JANUARY 31, 2003 AND 2002 AND FOR THE PERIOD

FEBRUARY
3, 1999, (DATE OF INCEPTION) TO JANUARY 31, 2003



|                                                                                            | FOR
					THE      |  |                 |  |                
|------------------------------------------------------------------------------------------- | ----------------- |  | --------------- |  | ---------------
|                                                                                            | PERIOD            |  |                 |  |                
|                                                                                            | FEB
					3 199    |  | YEAR            |  | ENDED          
|                                                                                            | (INCEPTION))      |  |                 |  |                
|                                                                                            | UNTIL             |  | JANUARY
					31 |  | JANUARY
					31
|-                                                                                           | JAN
					31, 2003 |  | 2003            |  | 2002           
|                                                                                            |                   |  |                 |  |                
|CASH
					FLOWS FROM OPERATING ACTIVITIES:                                                  |                   |  |                 |  |                
|Net
					income (loss)                                                                      | $	(660,176)       |  | $	(107,513)     |  | $	(467,470)    
|Adjustments
					to reconcile net income to net cash provided by operating
					activities: |                   |  |                 |  |                
|Common
					stock issued for services                                                       | 16,500            |  | 0               |  | 16,500         
|Common
					stock issued for patent and consulting fees                                     | 50,000            |  | 0               |  | 50,000         
|Capital
					contribution costs                                                             | 10,800            |  | 0               |  | 0              
|Changes
					in operating assets and liabilities:                                           |                   |  |                 |  |                
|Increase
					(decrease) in accounts payable & accrued expenses                             | 122,100           |  | (105,546)       |  | 336,538        
|Increase
					(decrease) in accrued expenses-related parties                                | 194,832           |  | 0               |  | 44,432         
|                                                                                            |                   |  |                 |  |                
|Net
					cash provided (used) by operating activities                                       | (265,944)         |  | (213,059)       |  | (20,000)       
|                                                                                            |                   |  |                 |  |                
|CASH
					FLOWS FROM INVESTING ACTIVITIES:                                                  |                   |  |                 |  |                
|                                                                                            | 0                 |  | -
					0 -      |  | -
					0 -     
|                                                                                            |                   |  |                 |  |                
|Net
					cash provided (used) by investing activities                                       | 0                 |  | 0               |  | 0              
|                                                                                            |                   |  |                 |  |                
|CASH
					FLOWS FROM FINANCING ACTIVITIES:                                                  |                   |  |                 |  |                
|Proceeds
					from common stock                                                             | 184,544           |  | 131,659         |  | 20,000         
|Increases
					of  Shareholders Loans                                                       | 81,400            |  | 81,400          |  | 0              
|                                                                                            |                   |  |                 |  |                
|Net
					cash provided (used) by financing activities                                       | 265,944           |  | 213,059         |  | 20,000         
|                                                                                            |                   |  |                 |  |                
|Net
					increase (decrease) in cash                                                        | 0                 |  | 0               |  | 0              
|                                                                                            |                   |  |                 |  |                
|CASHand equivalents, beginning of period                                                    | 0                 |  | 0               |  | 0              
|                                                                                            |                   |  |                 |  |                
|CASHand equivalents, end of period                                                          | $	0               |  | $	0             |  | $	0            
|                                                                                            |                   |  |                 |  |                
|SUPPLEMENTAL
					DISCLOSURE OF CASH FLOW
					INFORMATION:                                 |                   |  |                 |  |                
|Payment
					of taxes                                                                       | $0                |  | $0              |  | $0             
|Payment
					of interest in cash                                                            | $0                |  | $0              |  | $0             



The
accompanying notes are an integral part of the financial statements

---

GOLD
ENTERTAINMENT GROUP INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO FINANCIAL STATEMENTS

JANUARY
31, 2003



NOTE
1 - SIGNIFICANT ACCOUNTING POLICIES

Organization
and Operations

The Company was
incorporated  under the laws of the State of Nevada on February 3,
1999 with authorized                              common stock of
200,000,000 shares at $0.001 par value.

The Company was
organized formerly for the purpose of establishing a multimedia
internet bases
communication network between the healthcare industry  manufacturers
and the key base  managers in the
medical field to advertise and promote the manufacturers products.

As of March 26,
2002, the Company as a result of it abandonment of its patent rights
and termination of  its                               previous
consulting agreements, will not pursue its previous business plan
involving multimedia internet bases. The                 company
intends to engage in the internet related business ventures.

On March 26,
2002, pursuant to the "Stock Exchange and Merger Agreement"
the Company consummated a                            "reverse
acquisition" and changed its name to Gold Entertainment Group,
Inc.

Basis
of Accounting

The Company's
policy is to prepare its financial statements using the accrual basis
of accounting in accordance with                 generally accepted
accounting principles.  The Company has elected January 31 as its
annual year-end.



---

GOLD
ENTERTAINMENT GROUP INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO FINANCIAL STATEMENTS

JANUARY
31, 2003



NOTE
1 - SIGNIFICANT ACCOUNTING POLICIES (Continued)

Use
of Estimates

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

Cash
and Equivalent

Cash
and cash equivalents include cash and cash in banks. The Company
maintains cash and cash equivalent balances at a financial
institution that is insured by the Federal Deposit Insurance
Corporation up to $100,000.

Organization
Costs

The
Company has incurred various expenditures in the formation of its
corporate and  organizational structure. In accordance with SOP98-5
these costs will be expenses as incurred.

Revenue
Recognition

The
Company will recognize revenue upon completion of its services to be
rendered or delivery of products to its customers.  The Company has
not generated revenues since   inception

Development
Stage

The
Company is in its development stage. The Company since inception has
not commenced  its                                 operations, nor
has generated sufficient working capital to pursue its business
objectives.   The                                 accumulated deficit
during its development stage is approximately  $660,000.

Net
Earnings (Losses) Per Share

The
Company reports its net earnings (losses) per share in  accordance
with SFAS No. 128                     "Earnings Per Share".
Basic net  earnings (losses) per share is computed by dividing net
                         income  (loss) available to common
stockholders by the weighted averaged number of
       common shares outstanding.  Diluted earnings (losses) per
share is computed similar to basic                  earnings (losses)
per share except that the denominator is increased to include the
number of                    additional common shares that would have
been outstanding. As of January  31,2003, there are no
  outstanding stock options or stock warrants that would have
affected our computation.

---

GOLD
ENTERTAINMENT GROUP, INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO FINANCIAL STATEMENTS

JANUARY
31, 2003



NOTE
2 - INCOME TAX

In
February 1992, the Financial Standards Board issued Statement of
Financial Accounting            Standards No. 109, "Accounting
for Income Taxes." Under SFAS No. 109, deferred assets
           and liabilities are recognized for the estimated future
tax consequences between the financial                   statement
carrying amounts of the existing assets and their respective basis.

Deferred
assets and liabilities are measured using enacted tax rates in effect
for the year in                       which temporary differences are
expected to be recovered or settled. Under SFAS No. 109,
       the effect on deferred assets and liabilities of a change in
tax rates  is recognized in the period                  that includes
the enactment date.

Year
 Ending January 31, 2003

Statutory
federal income tax rate and effective tax rate      	34%

The
amount recorded as a deferred tax asset as of January  31, 2003,
approximately $660,000. The Company has established a 100% valuation
allowance against this deferred tax asset, as the Company has no
history of profitable operations.

The
Company has a net operating loss carry forward as of January  31,
2003 of approximately$ 660,000   which is  offset by a 100%
valuation allowance due to the uncertainty surrounding  the  ultimate
realization of these assets. The loss carry-forward expires
progressively in 15 years from                commencement in 1999

---

GOLD
ENTERTAINMENT GROUP, INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO FINANCIAL STATEMENTS

JANUARY
31, 2003



NOTE
3 -      RELATED PARTY TRANSACTIONS

The
majority stockholder and  officer of the Company advanced as of
January  31, 2003  $ 81,400 for working capital. This loan is
unsecured, non -interest bearing and has  no maturity date.

Effective
September 30, 2002, a related party contributed to capital  $
194,832. This  represents the            balance of  accrued
consulting fees outstanding.  Additionally, this related  party
received the rights to        certain company owned patents and
intellectual property.

NOTE
4 - MERGERS AND ACQUISITIONS

On
March 26, 2002, the Company entered into a merger agreement  with
Gold Entertainment

Group,
 Inc. (a Nevada Corporation). As part of the agreement, the Company
will divest itself                 of  all its assets, a new Board of
Directors will be nominated and "Gold" shareholders shall
                       exchange their  shares for the shares of
Advanced Medical Technology, Inc.

Additionally,
"Gold" will cease to exist and "Advanced" will be
the survivor corporation and                     will change its name
to Gold Entertainment Group, Inc.

The
stock for stock exchange will be a tax free transaction pursuant to
Internal Revenue Code                      Section  368(a)(1)(4). The
merger agreement was ratified by the Board of Directors on April  4,
2002.

NOTE
5    CAPITAL TRANSACTIONS

On
March 25, 2002, the Board of Directors adopted a resolution for a 1
for 25 reverse split of the                Company's common shares.

On
March 26, 2002, the Company issued 9,210,000 shares of common stock
pursuant to a Merger             agreement

In
March 2002, the Company sold 118,648 shares of common stock for $
131,659



---

GOLD
ENTERTAINMENT GROUP, INC.

(FORMERLY
ADVANCED MEDICAL TECHNOLOGIES, INC.)

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO FINANCIAL STATEMENTS

JANUARY
31, 2003



NOTE
5    CAPITAL TRANSACTIONS (cont'd)

On
September 2, 2002  the Company President and majority shareholder of
the company donated 6            million shares back to the company
(which was canceled).

On
September 26, 2002, the Company initiated a 2.5:1 forward stock split
The stock splits did not change  the par value of the Company's
common stock.  All common stock financial data has been restated

Effective
September 30, 2002, a related party contributed to capital  $
194,832. This represents the            balance of  accrued
consulting fees outstanding.  Additionally, this related party
received the rights to         certain company owned patents and
intellectual property.

NOTE
6 -      GOING CONCERN



As
shown in the accompanying financial statements, the Company incurred
substantial net losses for the period February 3, 1999 to January
31, 2003. There is no guarantee whether the Company will be able to
generate enough revenue and/or raise capital to support  those
operations. This raises substantial doubt about the Company's ability
to continue as a going concern.



Management
also states that they are confident that they can improve operations
and raise the appropriate funds to grow their underlying business and
acquire other businesses.

The
financial statements do not include any adjustments that might result
from the outcome of these uncertainties.

NOTE
7 -      NEW ACCOUNTING PRONOUNCEMENTS

In
December 2002, the FASB issued Statement of Financial Accounting
Standards No. 148, "Accounting for Stock-Based Compensation" Transition and Disclosure an Amendment of FASB
Statement No. 123 (SFAS 148). SFAS 148 amends SFAS 123
"Accounting for Stock-Based Compensation," providing for an alternative method of transition for a voluntary change to the fair value based method of accounting for stock-based employee compensation.
Additionally, it amends the disclosure requirements of SFAS 123 to require prominent disclosures in both
annual and interim financial statements about the method of accounting for stock-based employee compensation and
the effect of the method used on reported results. SFAS 148 is effective for fiscal years beginning after
December 15, 2002. The interim disclosure provisions are effective for financial reports containing
financial statements for interim periods beginning after December 15, 2002. The Company's
adoption of the interim disclosure provisions of
SFAS 148 did not affect its financial position.





In
May 2003, the FASB issued Statement of Financial Accounting Standards
No. 150, "Accounting for Certain Financial Instruments with
Characteristics of both Liabilities and  Equity"@ (SFAS 150).
SFAS sets standards for an issuer as to how to classify and measure
financial instruments with characteristics of both liabilities and
equity. SFAS 150 is effective for financial instruments entered
into after May 31, 2003, and is effective after June 15,
2003. Adoption of SFAS 150 is not expected to have a material effect
on the Company.

---