U.S. Securities and Exchange Commission

                             Washington, D.C. 20549

                                   Form 10-KSB

                                    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, 2003

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

                        For the transition period from To

                        Commission file number 000-27739

                           Platinum SuperYachts, Inc.
                 (Name of small business issuer in its charter)

                   NEVADA                                    77-0517966
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)


         Suite #1100 - 1200 W 73rd, Vancouver, British Columbia V6P 6G5
                    (Address of principal executive offices)

                                 (604) 264-8689
                (Issuer's telephone number, including area code)


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

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

                          Common Stock, par value $.001


<PAGE>



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

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

The number of shares outstanding of each class of the Registrant's common stock,
as of  December  31,  2003,  was as  follows:  Common  Stock  $.001  par  value,
25,038,365 shares.

Total revenues for fiscal year ended December 31, 2003: $69,000

At December  31,  2003,  the number of shares of common  stock  outstanding  was
25,038,365.

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







<PAGE>



                                     PART I

Item 1.  DESCRIPTION OF BUSINESS.

General

Platinum SuperYachts,  Inc. intends to maintain and grow an established customer
base and  contacts,  and utilize  developed  designs and  technical  layouts and
rendering for the  marketing  and sales of luxury  yachts in worldwide  markets.
Management  is  currently  developing  a plan to raise  capital to  develop  the
business plan. No commitments to provide  continued  funding to the company have
been confirmed as of the date of this report.

Recent and continuing corporate activities  undertaken to achieve  participation
in the luxury yacht market have included;  the  corporation's  change of name to
Platinum  SuperYachts,  Inc.; and business and asset  acquisition  activities as
pertaining to SuperYachts Holdings, Inc., a Nevada corporation, and PR Marine, a
Florida corporation.

SuperYachts Holding, Inc. Acquisition

On November 15, 2002, the shareholders of Platinum SuperYachts, Inc. completed a
stock exchange agreement with SuperYachts  Holdings,  Inc. dated August 8, 2002.
In connection  with the merger,  SuperYachts  Holdings  issued 858,365 shares of
common stock in exchange for the assets and liabilities of Platinum SuperYachts,
Inc. The merger was treated as a  recapitalization;  and, in connection with the
recapitalization,  the number of shares  outstanding  prior to the  merger  were
restated  to  their  post  merger  equivalents   (increased  from  1,400,000  to
14,000,000).  Upon final  closure of the  agreement,  the separate  existence of
SuperYachts Holdings, Inc. ceased with merger into Platinum SuperYachts, Inc.

Item 2.  DESCRIPTION OF PROPERTY.

The  Company  entered  into a month to month  lease  agreement  for an office it
occupies in Vancouver,  British  Columbia,  Canada under a month to month lease.
This lease can be  canceled on two months  written  notice.  The  current  lease
requires rental payments of  approximately  $925 ($1,200  Canadian  Dollars) per
month plus applicable taxes.

Item 3.  LEGAL PROCEEDINGS.

As a part of the  business  and asset  acquisition  pertaining  to PR Marine,  a
Florida corporation,  Platinum SuperYachts, Inc. received a Consent of Judgement
issued on May 6, 2002 in the circuit court of the 11th  judicial  circuit in and
for Miami, Dada County, Florida; in the amount of $458,000 plus interest against
Thanos Papalexis,  Nemesis Enterprises,  Inc., a foreign corporation, and Privee
International,  Inc.,  a  Florida  corporation.  The  company  also  received  a
promissory note from Mr. Thanos Papalexis in the amount of $200,000. The company
believes that they will be able to collect on these notes, however, an allowance
of $508,000 has been booked against the notes in these financial statements. The
allowance  is made up of legal fees,  amounts  that the company  will pay a boat
builder  arising from an oral agreement to pay upon  collection of the amount in
question, and an allowance for the amount that may not be collectable.


<PAGE>



Item 4.  SUBMISSION OF MATTERS T0 A VOTE OF SECURITY HOLDERS.
Not Applicable.

Item 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

Market Information

Platinum SuperYachts, Inc. (formally known as Mentor On Call, Inc.) common stock
is listed on the NASDAQ  Bulletin Board under the symbol "PSUY".  The quotations
provided are for the over the counter  market which reflect  interdealer  prices
without retail mark-up,  mark-down or commissions,  and may not represent actual
transactions.  The bid prices  included  below have been  obtained  from sources
believed to be reliable:


       Quarter ended:                       High                      Low
-----------------------------          ---------------          ----------------
December 31, 2003                           2.500                    0.560
September 30, 2003                          2.875                    1.650
June 30, 2003                               2.750                    1.250
March 30, 2003                              2.800                    1.760
December 31, 2002                           5.000                    1.600

Holders

Platinum  SuperYachts,  Inc.  had  25,038,365  shares of common stock issued and
outstanding  as of  December  31,  2003,  which  were held by  approximately  92
shareholders.   Recent   Issuance  of  Securities  On  November  15,  2002,  the
shareholders of Platinum SuperYachts,  Inc. completed a stock exchange agreement
with  SuperYachts  Holdings,  Inc. dated August 8, 2002. In connection  with the
merger,  SuperYachts  Holdings issued 858,365 shares of common stock in exchange
for the assets and  liabilities  of Platinum  SuperYachts,  Inc.  The merger was
treated as a recapitalization; and, in connection with the recapitalization, the
number of shares  outstanding  prior to the merger  were  restated to their post
merger equivalents (increased from 1,400,000 to 14,000,000).  Upon final closure
of the agreement,  the separate existence of SuperYachts  Holdings,  Inc. ceased
with merger into Platinum SuperYachts, Inc.

On November 15, 2002, the Company issued 10,000,000 post-split restricted shares
of the company for certain  assets of PR Marine,  Inc. On February 11, 2003, the
Company issued 50,000 shares of its common stock in exchange for services.

On July 28, 2003, the Company entered into a consulting agreement with Madison &
Wall  Worldwide,  Inc. And issued 120,000 shares of its common stock in exchange
for their  services.

On  September  15, 2003,  the Company  entered  into and  agreement  with Mirage
Investments where the Company sold 10,000 shares of its common stock in exchange
for $15,000.  The Company also granted to the Purchaser an option to purchase up
to an additional  50,000 shares of its common stock at a purchase price of $2.00
per share, to be exercised by January 12, 2004.



<PAGE>



Dividend Policy

Platinum  SuperYachts,  Inc. has not paid a cash dividend on its common stock in
the past 12 months. The company does not anticipate paying any cash dividends on
its  common  stock in the  next 12 month  period.  Management  anticipates  that
earnings,  if any, will be retained to fund the company's  working capital needs
and the  implementation of its business plan. The payment of any dividends is at
the discretion of the Board of Directors.

Item 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS.

Overview

Platinum SuperYachts,  Inc. intends to maintain and grow an established customer
base and  contacts,  and utilize  developed  designs and  technical  layouts and
rendering for the  marketing  and sales of luxury  yachts in worldwide  markets.
Platinum SuperYachts' will design, construct,  sale, resale, and service yachts.
The company's  core business will be the building of yachts of 80 to 200 feet in
length. Platinum SuperYachts will hire subcontractors on a per job basis for the
construction of each vessel.

As of December 31, 2003,  Platinum  SuperYachts is in the development  stage and
has not commenced planned principal operations.  As a development stage company,
Platinum  SuperYachts  has  had  recurring  losses  during  this  phase  of  its
operations.  Management  is  currently  developing  a plan to raise  capital  to
develop the business plan. No commitments to provide funding to the company have
been confirmed as of the date of this report. Financial Condition and Results of
Operations  For the fiscal year ended  December 31, 2003,  the company had a net
loss of $825,198.  For the period from August 23, 2002  (inception)  to December
31, 2002 the  company  had a net loss of $65,638 for the year.  The net loss for
2003  primarily  consists  of  consulting  fees in the  amount of  $492,525  and
depreciation and amortization of $324,357.

Liquidity and Capital Resources

For the fiscal  year ended  December  31,  2003,  the  company  used  $35,415 in
operating activities and received $36,345 from financing activities resulting in
cash and cash equivalents at the end of the year of $1,318. From August 23, 2002
(inception)  to December  31, 2002 the  company has  received  $1,400 from stock
issued at inception  and has used $1,012 in operating  activities,  resulting in
cash  and  cash  equivalents  at the  end of  this  reporting  period  of  $333.

Forward-Looking Statements

Certain statements concerning the Company's plans and intentions included herein
may  constitute  forward-looking  statements  for  purposes  of  the  Securities
Litigation  Reform Act of 1995 for which the Company  claims a safe harbor under
that Act.  There are a number of factors  that may affect the future  results of
the  Company,  including,  but not limited to, (a) the ability of the company to
obtain  additional  funding for  operations,  (b) the continued  availability of
management  to develop the  business  plan and (c)  successful  development  and
market acceptance of the company's products.

Item 7.  FINANCIAL STATEMENTS

The  financial  statements  of the Company and  supplementary  data are included



<PAGE>


immediately  following the signature page to this report. See Item 13 for a list
of the financial statements and financial statement schedules included.

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

Not Applicable

Item 9.  DIRECTORS,  EXECUTIVE  OFFICERS,  PROMOTERS  AND CONTROL  PERSONS.  The
directors and officers are as follows:

NAME                                   POSITION (S)

Ron Ruskowsky                          President and CEO
Shahid Shafiq Vohra                    Vice President and Secretary
Roger Janssen                          Director

Ron  Ruskowsky,  President,  has a diverse and strong  background  in  corporate
structure,  management  and  finance.  He has been  involved  in all  aspects of
management from marketing to finance and acquisitions in both public and private
corporations  for  over 16  years.

Shahid Shafiq Vohra, Vice President and Secretary,  has extensive experience and
reputation  in the  yachting  community.  Mr.  Vohra  consistently  provides the
negotiating  and marketing  skills  necessary to achieve the best terms for both
the manufacturer and customer.

Roger   Janssen,   Director,   has  over  twenty  years  of  experience  in  the
manufacturing  industry.  For the past fourteen  years he has owned and operated
his own business in the greater Seattle area, with clients,  including;  Boeing,
Microsoft,  Starbucks  Corporation,  Precor and Eldec.  Mt.  Janssen  has guided
several  manufacturing  companies  during  their start up phase and has traveled
internationally as a manufacturing consultant.

There  are no  relationships  by blood or  marriage  amongst  the  officers  and
directors of Platinum  SuperYachts,  Inc. The  directors  shall be elected at an
annual meeting of the stockholders  and except as otherwise  provided within the
Bylaws of Platinum  SuperYachts,  Inc., as  pertaining to vacancies,  shall hold
office until his successor is elected and qualified.

Audit Committee  Financial Expert

The Company's  board of directors  does not have an "audit  committee  financial
expert," within the meaning of such phrase under  applicable  regulations of the
Securities and Exchange Commission, serving on its audit committee. The board of
directors  believes  that all  members of its audit  committee  are  financially
literate and  experienced in business  matters,  and that one or more members of
the  audit  committee  are  capable  of  (I)  understanding  generally  accepted
accounting  principles  ("GAAP") and financial  statements,  (ii)  assessing the
general  application  of GAAP  principles in connection  with our accounting for
estimates,  accruals and reserves,  (iii) analyzing and evaluating our financial
statements,   (iv)  understanding  our  internal  controls  and  procedures  for
financial  reporting;  and (v) understanding audit committee  functions,  all of
which are attributes of an audit committee financial expert.  However, the board
of  directors  believes  that there is not any udit  committee  members  who has
obtained  these  attributes  through  the  experience  specified  in  the  SEC's
definition of "audit committee financial expert." Further, like


<PAGE>



many small  companies,  it is  difficult  for the  Company to attract and retain
board  members  who  qualify  as  "audit  committee  financial  experts,  "  and
competition for these  individuals is  significant.  The board believes that its
current  audit  committee  is able to  fulfill  its role  under SEC  regulations
despite not having a designated "audit committee financial expert."

Item 10.  EXECUTIVE COMPENSATION.

Compensation Summary

The  following  sets forth the  aggregate  cash  compensation  paid for services
rendered during the last fiscal year.
<TABLE>
<CAPTION>
                                                             Fiscal        Salary               Other
                Name and Principal Position                   Year      Compensation     Bonus     Compensation

<S>                                                           <C>             <C>          <C>           <C>
Ron Ruskowsky President and CEO, Director                     2003            0            0             0
Shahid Shafiq Vohra Vice President and                        2003            0            0             0
Secretary, Director
Roger Janssen Director                                        2003            0            0             0
</TABLE>

Notes:

None  of  the  company's  officers  and/or  directors   currently  receives  any
compensation for their respective services rendered to the company. Officers and
directors have agreed to act without  compensation until authorized by the Board
of  Directors,  which is not  expected to occur until the company has  generated
sufficient revenues from its operations.

As of December  31,  2003,  we had no group life,  health,  hospitalization,  or
medical reimbursement or relocation plans in effect.  Further, we had no pension
plans  or  plans  or  agreements  which  provide  compensation  on the  event of
termination of employment or change in control of us.

Compensation of Directors

There was no compensation paid to any directors of Platinum SuperYachts, Inc. as
director's fees.

Employment Agreements

No formal  employment  agreements  currently exist with any officer or employee.

Long-Term Incentive Plan

None

Section 16(a) Beneficial Ownership Reporting Compliance

To the best  knowledge of the  Company,  based on reports  received  pursuant to
rule16a-3(e)  of the1934 act, all reports  required to be filed pursuant to rule
16a-3(e) were filed as of the date of this report.

Item 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The security  ownership of the  management  of the  registrant as of the date of
this report is as follows:


<PAGE>
<TABLE>
<CAPTION>

Title of Class               Beneficial Owner                                 Amount                 Percent of
                                                                              Owned                    Class

<S>                          <C>                                               <C>        <C>          <C>
Common Shares                Ron Ruskowsky President and CEO                3,500,000                  14.0 %
Common Shares                Shahid S. Vohra Vice President and             9,000,000     (1)          36.0 %
                             Secretary
Common Shares                Roger Janssen Director                          500,000                   2.0 %

All Officers and Directors as a group                                       13,000,000                 52.0 %
</TABLE>

The shareholders  having beneficial  ownership of more than 5% of the issued and
outstanding  shares of the company's  common stock as of the date of this report
is as follows:
<TABLE>
<CAPTION>

Title of Class          Beneficial Owner                                      Amount                 Percent of
                                                                              Owned                    Class

<S>                     <C>                                                 <C>            <C>         <C>
Common Shares           Erica S. VohraLOB 14 Office 432                     4,000,000      (1)         16.0 %
                        Jafz, Dubai, P.O. Box 16760
                        UAE
</TABLE>

(1)      Note:   Shahid  S.  Vohra,   Vice  President,   Secratary  of  Platinum
         SuperYachts Inc. and Erica S. Vohra are husband and wife,  collectively
         controlling 36.0% of the outstanding common shares.

As of the  date of this  report,  Platinum  SuperYachts,  Inc.  has  issued  and
outstanding   25,038,365   shares  of  common  stock   amongst  a  group  of  92
shareholders.

Item 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

In 2003  shareholders  have advanced the Company  $21,345  payable on demand and
does not carry an  interest  rate.  This  transaction  has been  recorded in the
accompanying financial statements as Shareholder loans.

During  the year  2003 the  Company  paid  Shahhid  Vohra,  Vice  President  and
Secretary, $60,000 in exchange for consulting services.

As of December 31, 2003 and 2002 the Company owed Santeo  Financial  $65,000 and
$5,000 respectfully for consulting services. Ron Ruskowsky, President and CEO of
the Company is also the President of Santeo Financial.

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

         (a) The following documents are filed as part of this report.



<PAGE>
<TABLE>
<CAPTION>

1. Financial Statements                                                                                  PAGE

<S>                                                                                                      <C>
Independent Auditor's Report                                                                              F-1
Balance Sheets,
  December 31, 2003 and 2002                                                                              F-3
Statements of Operations,
  For the Year Ended December 31, 2003 and the
  Period from August 23, 2002 (inception) to December 31, 2002                                            F-4
Statements of Stockholders' Equity,
  For the Year Ended December 31, 2003 and the
  Period from August 23, 2002 (inception) to December 31, 2002                                            F-5
Statements of Cash Flows,
  For the Years Ended December 31, 2003 and 2002                                                          F-6
Notes to Financial Statements                                                                             F-8
</TABLE>

2.  Financial Statement Schedules

         The following  financial statement schedules required by Regulation S-X
are included herein.

         All  Schedules  are  omitted  because  they are not  applicable  or the
required information is shown in the financial statements or notes thereto.


3.  Exhibits

         The following exhibits are included as part of this report:

Exhibit
Number   Title of Document


3.1      Articles of Incorporation(1)

3.2      By-laws(1)

31       Certification  Pursuant  to Section  302 of the  Sarbanes-Oxley  Act of
         2002.

32       Certification  Pursuant  to Section  906 of the  Sarbanes-Oxley  Act of
         2002.

(1) Incorporated by reference.

No reports on Form 8-K were filed.


<PAGE>

ITEM 14. CONTROLS AND PROCEDURES

         The Company's Chief Executive  Officer and Chief Financial Officer have
concluded,  based on an evaluation  conducted within 90 days prior to the filing
date of this  annual  report  on Form  10-KSB,  that  the  Company's  disclosure
controls and  procedures  have  functioned  effectively  so as to provide  those
officers the information necessary whether:

                  (i) this  annual  report on Form  10-KSB  contains  any untrue
                  statement of a material fact or omits to state a material fact
                  necessary  to  make  the  statements  made,  in  light  of the
                  circumstances  under  which such  statements  were  made,  not
                  misleading  with respect to the period  covered by this annual
                  report on Form 10- KSB, and

                  (ii) the financial statements, and other financial information
                  included in this annual report on Form 10-KSB,  fairly present
                  in all material respects the financial  condition,  results of
                  operations  and cash flows of the Company as of, and for,  the
                  periods presented in this annual report on Form 10-KSB.

         There  have  been no  significant  changes  in the  Company's  internal
controls or in other factors since the date of the Chief Executive Officer's and
Chief  Financial  Officer's  evaluation  that could  significantly  affect these
internal controls,  including any corrective actions with regards to significant
deficiencies and material weaknesses.

ITEM 15. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The  following is a summary of the fees billed to us by Robison,  Hill & Company
for  professional  services  rendered for the years ended  December 31, 2003 and
2002:
<TABLE>
<CAPTION>
           Service                                     2003                   2002
------------------------------                  ------------------     ------------------
<S>                                             <C>                    <C>
Audit Fees                                      $            9,960     $              850
Audit-Related Fees                                               -                      -
Tax Fees                                                       240                      -
All Other Fees                                                   -                      -
                                                ------------------     ------------------
Total                                           $           10,200     $              850
                                                ==================     ==================
</TABLE>


<PAGE>

Audit Fees.  Consists of fees billed for professional  services rendered for the
audits  of  our  consolidated  financial  statements,  reviews  of  our  interim
consolidated  financial  statements  included  in  quarterly  reports,  services
performed in connection  with filings with the Securities & Exchange  Commission
and related  comfort  letters and other  services that are normally  provided by
Robison,  Hill & Company in connection with statutory and regulatory  filings or
engagements.

Tax Fees. Consists of fees billed for professional  services for tax compliance,
tax  advice  and tax  planning.  These  services  include  assistance  regarding
federal,  state and local tax compliance  and  consultation  in connection  with
various transactions and acquisitions.

Audit  Committee  Pre-Approval of Audit and  Permissible  Non-Audit  Services of
Independent  Auditors

The Audit Committee, is to pre-approve all audit and non-audit services provided
by  the  independent  auditors.  These  services  may  include  audit  services,
audit-related  services,  tax services  and other  services as allowed by law or
regulation.  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 specifically  approved  amount.  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 incurred to date. The Audit
Committee may also pre-approve particular services on a case-by- case basis.

The  Audit  Committee  pre-approved  100%  of the  Company's  2003  audit  fees,
audit-related  fees,  tax fees,  and all other fees to the  extent the  services
occurred  after May 6, 2003,  the effective  date of the Securities and Exchange
Commission's final pre-approval rules.



<PAGE>



                                   SIGNATURES

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

                                     PLATINUM SUPERYACHTS, INC.


Dated: March 26, 2004                By  /S/     Ron Ruskowsky
                                     ------------------------------------
                                     Ron Ruskowsky,
                                     President, CEO
                                     Principal Executive and Accounting Officer



         In accordance  with the Exchange Act, this report has been signed below
by the following  persons on behalf of the  registrant and in the capacities and
on March 26, 2004.

Dated: March 26, 2004

                                     By  /S/     Shahid Shafiq Vohra
                                     ------------------------------------
                                     Shahid Shafiq Vohra,
                                     Vice President

                                     By  /S/     Roger Janssen
                                     ------------------------------------
                                     Roger Janssen,
                                     Director,








<PAGE>

                           Platinum SuperYachts, Inc.
                         (Formerly Mentor On Call, Inc.)


                          (A Development Stage Company)

                                       -:-

                          INDEPENDENT AUDITOR'S REPORT

                           DECEMBER 31, 2003 AND 2002






<PAGE>






                                                     CONTENTS
<TABLE>
<CAPTION>
                                                                                                          Page

<S>                                                                                                       <C>
Independent Auditor's Report...............................................................................F - 1

Balance Sheets
  December 31, 2003 and 2002...............................................................................F - 3

Statements of Operations
  For the Year Ended December 31, 2003 and the
  Period from August 23, 2002 (inception) to December 31, 2002.............................................F - 4

Statement of Stockholders' Equity
  For the Year Ended December 31, 2003 and the
  Period from August 23, 2002 (inception) to December 31, 2002.............................................F - 5

Statements of Cash Flows
  For the Year Ended December 31, 2003 and the
  Period from August 23, 2002 (inception) to December 31, 2002.............................................F - 6

Notes to Financial Statements..............................................................................F - 8
</TABLE>



<PAGE>










                          INDEPENDENT AUDITOR'S REPORT


Platinum SuperYachts, Inc.
(formerly Mentor On Call, Inc.)
(A Development Stage Company)


         We  have   audited  the   accompanying   balance   sheets  of  Platinum
SuperYachts,  Inc. (formerly Mentor On Call, Inc.) (a development stage company)
as of December 31, 2003 and 2002, and the related statements of operations, cash
flows for the year ended  December  31, 2003 and the period from August 23, 2002
(inception) to December 31, 2002, and the statement of stockholders'  equity for
the from August 23, 2002  (inception)  to December  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 auditing standards generally
accepted in the 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 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  Platinum
SuperYachts,  Inc. (formerly Mentor On Call, Inc.) (a development stage company)
as of December 31, 2003 and 2002, and the results of its operations and its cash
flows for the year ended  December  31, 2003 and the period from August 23, 2002
(inception)  to  December  31, 2002 in  conformity  with  accounting  principles
generally accepted in the United States of America.



                                      F - 1

<PAGE>



         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 recurring losses from operations
and has a net capital  deficiency that raise substantial doubt about its ability
to continue as a going  concern.  Management's  plans in regard to these matters
are also  described  in Note 4. The  financial  statements  do not  include  any
adjustments that might result from the outcome of this uncertainty.


                                                    Respectfully submitted,



                                                    Robison, Hill & Co.
                                                    Certified Public Accountants

Salt Lake City, Utah
March 22, 2004


                                      F - 2

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                                 BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                                          December 31,
ASSETS                                                                              2003                2002
                                                                             ------------------  ------------------
Current Assets:
<S>                                                                          <C>                 <C>
Cash & Cash Equivalents                                                      $            1,318  $              333
Taxes Receivable                                                                            684                   -
Notes Receivable                                                                        150,000             150,000
Supplies                                                                                  5,000              35,000
                                                                             ------------------  ------------------
     Total Current Assets                                                               157,002             185,333

Fixed Assets:
Fixed Assets                                                                            163,000             163,000
Less Accumulated Depreciation                                                           (27,166)             (3,881)
                                                                             ------------------  ------------------
     Total Fixed Assets                                                                 135,834             159,119

Other Assets:
Prepaid Expenses                                                                          2,861                   -
Intangible Assets                                                                     1,895,001           1,895,001
Less Accumulated Amortization                                                          (342,917)            (41,845)
                                                                             ------------------  ------------------
     Total Other Assets                                                               1,554,945           1,853,156
                                                                             ------------------  ------------------

     Total Assets                                                            $        1,847,781  $        2,197,608
                                                                             ==================  ==================

LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable                                                             $           81,074  $           77,648
Related Party Payables                                                                   65,000                   -
Shareholder Loans                                                                        21,345                   -
                                                                             ------------------  ------------------
     Total Liabilities                                                                  167,419              77,648

Stockholders' Equity:
  Common Stock, Par value $.001
    Authorized 100,000,000 shares,
    Issued 25,038,365 and 24,858,365
    Shares at December 31, 2003 and 2002                                                 25,038              24,858
  Paid-In Capital                                                                     2,546,160           2,160,740
  Deficit Accumulated During the
    Development Stage                                                                  (890,836)            (65,638)
                                                                             ------------------  ------------------
     Total Stockholders' Equity                                                       1,680,362           2,119,960
                                                                             ------------------  ------------------

     Total Liabilities and Stockholders' Equity                              $        1,847,781  $        2,197,608
                                                                             ==================  ==================
</TABLE>
   The accompanying notes are an integral part of these financial statements.

                                      F - 3

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>


                                                                                                     Cumulative
                                                                                                       since
                                                                               For the period        August 23,
                                                            For the year        from August             2002
                                                                ended           23, 2002 to         inception of
                                                            December 31,        December 31,        development
                                                                2003                2002               stage
                                                          -----------------  ------------------  ------------------
<S>                                                       <C>                <C>                 <C>
Revenues:                                                 $          69,000  $                -  $           69,000

Expenses:
   Consulting Fees                                                  492,525                   -             492,525
   Depreciation & Amortization                                      324,357                   -             324,357
   General & Administrative                                          77,316              65,626             142,942
                                                          -----------------  ------------------  ------------------

     Net Operating Loss                                            (825,198)            (65,626)           (890,824)

Other Income (Expenses)
   Interest, Net                                                          -                 (12)                (12)
                                                          -----------------  ------------------  ------------------

     Net Loss                                             $        (825,198) $          (65,638) $         (890,836)
                                                          =================  ==================  ==================

Basic & Diluted loss per share                            $          (0.03)  $             0.00
                                                          =================  ==================

Waited Average Shares                                            24,902,733          17,842,191
                                                          =================  ==================
</TABLE>












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

                                      F - 4

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                        STATEMENT OF STOCKHOLDERS' EQUITY
      FOR THE PERIOD FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2003
<TABLE>
<CAPTION>

                                                                                                                         Deficit
                                                                                                                        Accumulated
                                                                                                                        Since August
                                                                                                                          23, 2002
                                                                                                                        Inception of
                                                                     Common Stock           Paid-In        Retained     Development
                                                                  Shares      Par Value     Capital        Deficit         Stage
                                                               -----------   -----------   -----------    -----------   -----------
Balance at August 23, 2002
<S>                                                             <C>          <C>           <C>            <C>           <C>
  (Inception)                                                   14,000,000   $    14,000   $      --      $      --     $      --

Issued stock in an asset acquisition
  agreement                                                     10,000,000        10,000     2,233,000           --            --
Issued stock in association with
  plan of reorganization                                           858,365           858       (72,260)          --            --
Net Loss                                                              --            --            --             --         (65,638)
                                                               -----------   -----------   -----------    -----------   -----------

Balance at December 31, 2002                                    24,858,365        24,858     2,160,740           --         (65,638)
                                                               -----------   -----------   -----------    -----------   -----------

Issued stock in association with private
   placement                                                        10,000            10        14,990           --            --
Issued stock in exchange for services                              170,000           170       370,430           --            --
Net Loss                                                              --            --            --             --        (825,198)
                                                               -----------   -----------   -----------    -----------   -----------

Balance at December 31, 2003                                    25,038,365   $    25,038   $ 2,546,160    $      --     $  (890,836)
                                                               ===========   ===========   ===========    ===========   ===========
</TABLE>


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

                                      F - 5

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
<TABLE>
<CAPTION>
                                                                                                     Cumulative
                                                                                                       Since
                                                                                For the period       August 23,
                                                              For the year       from August            2002
                                                                  ended          23, 2002 to        Inception of
                                                              December 31,       December 31,       Development
                                                                  2003               2002              Stage
                                                            ----------------- ------------------ ------------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
<S>                                                         <C>               <C>                <C>
Net Loss                                                    $        (825,198)$          (65,638)$         (890,836)
Adjustments to reconcile net income (loss) to
  net cash provided (used in) operating activities:
Depreciation & Amortization                                           324,357             45,671            370,083
Write down of marketing material                                       30,000                  -             30,000
Stock issued for start up costs                                             -             12,600             12,600
Stock issued for services                                             370,600                  -            370,600
(Increase) decrease in taxes receivable                                  (684)                 -               (684)
(Increase) decrease in prepaid expenses                                (2,861)                 -             (2,861)
Increase (decrease) in accounts payable                                68,371              6,300             74,671
                                                            ----------------- ------------------ ------------------
Net cash provided by (used in) operating activities                   (35,415)            (1,067)           (36,427)
                                                            ----------------- ------------------ ------------------

CASH FLOWS FROM INVESTING
ACTIVITIES:
  Net cash provided by investing activities                                 -                  -                  -
                                                            ----------------- ------------------ ------------------
</TABLE>



                                      F - 6

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Continued)
<TABLE>
<CAPTION>

                                                                                                     Cumulative
                                                                                                       Since
                                                                                For the period       August 23,
                                                              For the year       from August            2002
                                                                  ended          23, 2002 to        Inception of
                                                              December 31,       December 31,       Development
                                                                  2003               2002              Stage
                                                            ----------------- ------------------ ------------------
CASH FLOWS FROM FINANCING
ACTIVITIES:
<S>                                                         <C>               <C>                <C>
Loan from shareholders                                      $          21,345 $                - $            1,345
Stock issued in exchange for cash                                      15,000              1,400             16,400
                                                            ----------------- ------------------ ------------------
  Net cash provided by financing activities                            36,345              1,400             17,745
                                                            ----------------- ------------------ ------------------

Net (Decrease) Increase in Cash and Cash
Equivalents                                                               930                333            (18,682)
Cash and Cash Equivalents at Beginning of Period                          388                  -                  -
                                                            ----------------- ------------------ ------------------
Cash and Cash Equivalents at End of Period                  $           1,318 $              333 $          (18,682)
                                                            ================= ================== ==================



SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
  Interest                                                   $              -   $             12 $              12
  Income taxes                                               $              -   $              - $               -

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING
ACTIVITIES:
Stock issued in plan of reorganization                       $              -   $            858 $             858
Stock issued in asset acquisition agreement                  $              -   $      2,243,000 $       2,243,000
</TABLE>








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

                                      F - 7

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002


NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         This summary of  accounting  policies for  Platinum  SuperYachts,  Inc.
(formerly  Mentor On Call,  Inc.) is  presented to assist in  understanding  the
Company's  financial  statements.  The accounting  policies conform to generally
accepted  accounting  principles  and  have  been  consistently  applied  in the
preparation of the financial statements.

Organization and Basis of Presentation

         The Company was  incorporated  under the laws of the State of Nevada on
October  22,  1996 under the name PSM Corp.  The  Company  ceased all  operating
activities  during  the period  from  October  22,  1996 to July 9, 1999 and was
considered  dormant.  On July 9, 1999,  the Company  obtained a  Certificate  of
renewal from the State of Nevada.  On January 11, 2000, the company  changed its
name to Mentor On Call, Inc.

         On  October  3,  2002,  the  Company   changed  its  name  to  Platinum
SuperYachts, Inc. in anticipation of a merger with SuperYachts Holdings, Inc. (a
Nevada  Corporation  that was  incorporated on August 13, 2002). On November 15,
2002,  the  shareholders  of the Platinum  SuperYachts,  Inc.  completed a stock
exchange  agreement with  SuperYachts  Holdings,  Inc. dated August 8, 2002. The
merger was accounted for as a reverse merger,  with  SuperYachts  Holdings being
treated as the acquiring entity for financial reporting purposes.  In connection
with this merger,  SuperYachts  Holdings  issued  858,365 shares of common stock
(100%) in exchange for the assets and  liabilities of the Platinum  SuperYachts,
Inc. (formerly Mentor On Call, Inc.).

         For  financial  reporting  purposes,  Platinum  SuperYachts,  Inc.  was
considered  a new  reporting  entity on  November  15,  2002.  The  accompanying
financial  statements  reflect the  operations  of  SuperYachts  Holding for the
period from August 23, 2002 (Inception) to December 31, 2002. The purchase price
was allocated to the assets and liabilities at their estimated fair value.

         The merger was recorded as a recapitalization.  In connection with this
recapitalization, the number of shares outstanding prior to the merger have been
restated to their post merger  equivalents  (increased from 1,400,000  shares to
14,000,000).  All  references in the  accompanying  financial  statements to the
number of Common  shares and  per-share  amounts for 2002 have been  restated to
reflect the equivalent number of post merger shares.

         As of December 31, 2003, the Company is in the development  stage,  and
has not commenced planned principal operations.


                                      F - 8

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002
                                   (Continued)

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

Nature of Business

         The Company completed an Asset Acquisition  Agreement (the "Agreement")
with PR Marine Inc., a Florida Corporation on November 15, 2002.

         The Company will design, construct,  sale, re-sale and services yachts.
Our core  business  will be the  building of yachts in excess of 80 to 200 feet.
Platinum  SuperYachts  will  hire  subcontractors  on a per  job  basis  for the
construction of the vessel. We pay these subcontractors when the client pays us.

Cash and Cash Equivalents

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

Depreciation and Amortization

         Fixed   assets  are  recorded  at  cost  and   depreciated   using  the
straight-line  method over the estimated  useful lives of the assets which range
from three to seven years.  Fixed assets  consisted of the following at December
31, 2003 and 2002:
<TABLE>
<CAPTION>
                                                                   2003               2002
                                                              ---------------   -----------------
<S>                                                           <C>               <C>
Yacht Models                                                  $        38,000   $          38,000
Hull Display                                                          125,000             125,000
                                                              ---------------   -----------------
                                                                      163,000             163,000
Less accumulated depreciation                                         (27,166)             (3,881)
                                                              ---------------   -----------------

Total                                                         $       135,834   $         159,119
                                                              ===============   =================
</TABLE>

         Maintenance  and  repairs are charged to  operations;  betterments  are
capitalized.  The  cost  of  property  sold  or  otherwise  disposed  of and the
accumulated  depreciation  thereon are eliminated  from the property and related
accumulated depreciation accounts, and any resulting gain or loss is credited or
charged to income.

         Total  depreciation  expense for the year ended  December  31, 2003 and
period  from  August  23,  2002 to  December  31,  2002 was  $23,286  and $3,881
respectvely.

                                      F - 9

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002
                                   (Continued)

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

         The Company has adopted the Financial  Accounting  Standards Board SFAS
No., 142, "Goodwill and Other Intangible Assets." SFAS 142 requires, among other
things,  that companies no longer amortize  goodwill,  but instead test goodwill
for  impairment  at least  annually.  In addition,  SFAS 142  requires  that the
Company identify reporting units for the purposes of assessing  potential future
impairments of goodwill,  reassess the useful lives of other existing recognized
intangible   assets,  and  cease  amortization  of  intangible  assets  with  an
indefinite  useful life.  An  intangible  asset with an  indefinite  useful life
should be tested for impairment in accordance with the guidance in SFAS 142.

Intangible Assets consisted of the following at December 31, 2003 and 2002:
<TABLE>
<CAPTION>
           Intangible Asset                   2003               2002           Amortization
                                                                                   Period

--------------------------------------- -----------------  ----------------- ------------------
<S>                                     <C>                <C>                    <C>
Website                                 $          45,000  $          45,000      2 Years
Yacht Blueprints                                1,600,000          1,600,000      7 Years
Client Lists                                      250,000            250,000     Indefinite
E-Learning System                                       1                  1     Indefinite
                                        -----------------  -----------------
                                                1,895,001          1,895,001
Less accumulated amortization                    (342,917)           (41,845)
                                        -----------------  -----------------

Total                                   $       1,552,084  $       1,853,156
                                        =================  =================
</TABLE>

         Total amortization expense for the year ended December 31, 2003 and the
period  from  August 23, 2002 to  December  31,  2002 was  $301,072  and $41,845
respectively.

         The estimated amortization for the next five years is as follows:
<TABLE>
<CAPTION>


<C>                                          <C>
2004                                         $           247,321
2005                                                     228,571
2006                                                     228,571
2007                                                     228,571
2008                                                     228,571
                                             -------------------
Total                                        $         1,161,605
                                             ===================
</TABLE>

                                     F - 10
<PAGE>

                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002
                                   (Continued)

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

Pervasiveness of Estimates

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

Concentrations of Credit Risk

         The  Company has no  significant  off-balance-sheet  concentrations  of
credit  risk such as foreign  exchange  contracts,  options  contracts  or other
foreign hedging arrangements.

Earnings (Loss) per Share

         Basic loss per share has been  computed  by  dividing  the loss for the
period  applicable to the common  stockholders by the weighted average number of
common  shares  outstanding  during the years.  There were no common  equivalent
shares outstanding at December 31, 2003 and 2002.

Stock Compensation for Non-Employees

         The  Company  accounts  for the fair  value of its  stock  compensation
grants for  non-employees  in accordance with FASB Statement 123. The fair value
of each grant is equal to the market price of the Company's stock on the date of
grant if an active  market  exists or at a value  determined  in an arms  length
negotiation between the Company and the non-employee.

NOTE 2 - NOTES RECEIVABLE

         As part of the  Asset  Acquisition  (Note  6) the  Company  received  a
Consent  of  Judgement  issued on May 6, 2002 in the  circuit  court of the 11th
judicial  circuit  in and for  Miami,  Dade  County,  Florida  in the  amount of
$458,000 plus interest against Thanos  Papalexis,  Nemesis  Enterprises,  Inc. a
Foreign Corporation and Privee International Inc., a Florida  Corporation.  They
also  received a  promissory  note from Mr.  Thanos  Papalexis  in the amount of
$200,000.

                                     F - 11

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002
                                   (Continued)

NOTE 2 - NOTES RECEIVABLE (Continued)

         The Company  believes that they will be able to collect on these notes,
however,  an  allowance  in the amount of $508,000  has been booked  against the
notes in the accompanying  balance.  The allowance is made up of legal fees that
may arise if further  legal action is  necessary,  amounts that the Company will
pay the boat builder that arises from an oral  agreement to pay upon  collection
of the amount in  question,  and an  allowance  for the  amount  that may not be
collectable.

NOTE 3 - INCOME TAXES

         As  of  December  31,  2003,  the  Company  had a  net  operating  loss
carryforward for income tax reporting purposes of approximately  $7,890,000 that
may be offset against future taxable income through 2023. Current tax laws limit
the amount of loss  available to be offset  against future taxable income when a
substantial  change in  ownership  occurs.  Therefore,  the amount  available to
offset future taxable income may be limited. No tax benefit has been reported in
the financial statements, because the Company believes there is a 50% or greater
chance the  carryforwards  will expire  unused.  Accordingly,  the potential tax
benefits of the loss  carryforwards  are offset by a valuation  allowance of the
same amount.

NOTE 4 - DEVELOPMENT STAGE COMPANY AND GOING CONCERN

         The Company has not begun principal  operations and as is common with a
development  stage  company,  the Company has had  recurring  losses  during its
development stage.

         Since  inception,  the  Company  has  incurred  recurring  losses  from
operations and has an  accumulated  deficit of $890,836 and $65,638 for the year
ended  December 31, 2003 and for the period from August 23, 2002 to December 31,
2002. This condition  raises  substantial  doubt about the Company's  ability to
continue as a going concern.

         Continuation  of the  Company  as a going  concern  is  dependent  upon
obtaining  additional  working  capital and management has developed a strategy,
which it believes will  accomplish  this  objective  through  additional  equity
funding which will enable the Company to operate in the future.  However,  there
can be no  assurance  that the Company  will be  successful  with its efforts to
raise  additional  capital.  The  inability of the Company to secure  additional
financing  in the near term  could  adversely  impact  the  Company's  business,
financial position and prospects.


                                     F - 12

<PAGE>



                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002
                                   (Continued)

NOTE 5 - LEASE AGREEMENT

         The Company entered into a month to month lease agreement for an office
it occupies in Vancouver, British Columbia, Canada under a month to month lease.
This lease can be  canceled on two months  written  notice.  The  current  lease
requires rental payments of  approximately  $925 ($1,200  Canadian  Dollars) per
month plus applicable taxes. During the year ended December 31, 2003 the company
had $8,763 in rent expense.

NOTE 6 - ASSET ACQUISITION

         On  November  15,  2002,  the  Company  issued  10,000,000   post-split
restricted  shares of the  Company as  consideration  for  certain  assets of PR
Marine, Inc., a Florida Corporation valued at $2,751,000.

         The assets  acquired  include 30 yacht designs with  blueprints on 6 of
them,  a yacht  hull  display,  four  yacht  models,  website,  customer  lists,
marketing material, a consent judgement from a law suit and promissory note, and
also contracts and agreements with shipyards,  designers,  naval  architects and
brokers.

NOTE 7 - RELATED PARTY TRANSACTIONS

         In 2003,  shareholders  have  advanced the Company  $21,345  payable on
demand and does not carry an interest rate.  This  transaction has been recorded
in the accompanying financial statements as Shareholder loans.

         During 2003, the year the Company paid Shahhid  Vahora,  Vice President
and Secretary, $60,000 in exchange for consulting services.

         As of December  31, 2003 and 2002,  the Company  owed Santeo  Financial
$65,000  and  $5,000  respectfively  for  consulting  services.  Ron  Ruskowsky,
President and CEO of the Company is also the President of Santeo Financial.

NOTE 8 - NOTES PAYABLE

         On August 14, 2003, the Company  received cash in the amount of $4,500.
This  note is  payable  on  demand  and does not carry an  interest  rate.  This
transaction has been recorded in the accompanying  financial statements as Notes
Payable.

                                     F - 13

<PAGE>


                           PLATINUM SUPERYACHTS, INC.
                         (Formerly Mentor On Call, Inc.)
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                 THE YEAR ENDED DECEMBER 31, 2003 AND THE PERIOD
              FROM AUGUST 23, 2002 (INCEPTION) TO DECEMBER 31, 2002
                                   (Continued)

NOTE 9 - AGREEMENTS

         On  September  15, 2003 the Company  entered  into and  agreement  with
Mirage  Investments  where the Company sold 10,000 shares of its common stock in
exchange  for $15,000.  The Company  also granted to the  Purchaser an option to
purchase up to an  additional  50,000  shares of its common  stock at a purchase
price of $2.00 per share, to be exercised by January 12, 2004.

                                     F - 14