UNITED STATES
                         SECURITIES EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  FORM 10KSB/A

       [X] Annual report pursuant to section 13 or 15(d) of the Securities
         Exchange Act of 1934 for the fiscal year end February 28, 2002

                            AUTO DATA NETWORK, INC.

             (Exact name of registrant as specified in its charter)



                Delaware                              13-3944580
           ----------------------                 ------------------
           State of Incorporation                 IRS Employer ID No.

          The Forsyth Centre, Century Place
          Lamberts Road, Tunbridge Wells
          Kent, United Kingdom                         TN2 3EH
          --------------------------------------       --------
          Address of principal Executive Offices       Zip Code


                REGISTRANT'S TELEPHONE NUMBER 011 44 1892 511 566

Check here whether the issuer (1) has filed all reports required to be filed by
Sections 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.
                                Yes X No _______

As of June 10, 2002, the following shares of the Registrant's common stock were
issued and outstanding:

Voting common stock 11,462,078



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INDEX

Item 1.  DESCRIPTION OF BUSINESS. . . . . . . . . . . . . . . . 3

Item 2.  DESCRIPTION OF PROPERTIES . . . . . . . . . . . . . .  6

Item 3.  LEGAL PROCEEDINGS. . . . . . . . . . . . . . . . . . . 6

Item 4.  SUBMISSION OF MATTES TO A VOTE OF SECURITY HOLDERS . . 6

Item 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED
         STOCKHOLDER MATTERS. . . . . . . . . . . . . . . . . . 6

Item 6.  SELECTED FINANCIAL DATA . . . . . . . . . . . . . . .  7

Item 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATION. . . . . . . .. . . 8

Item 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA . . . . . 12

Item 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
         ACCOUNTING AND FINANCIAL DISCLOSURE . . . . . . . . . 20

Item 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE COMPANY. . . .20

Item 11. EXECUTIVE COMPENSATION. . . . . . . . . . . . . . . . 24

Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
         MANAGEMENT. . . . . . . . . . . . . . . . . . . . . . 24

Item 13. CERTAIN RELATIONSHIP AND RELATED TRANSACTIONS. . . . .25

Item 14. FINANCIAL STATEMENTS, EXHIBITS AND
         REPORTS ON FORM 8-K . . . . . . . . . . . . . . . . . 26

SIGNATURES . . . . . . . . . . . . . . . . . . . . . . . . . . 27





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ITEM 1. DESCRIPTION OF BUSINESS

Auto Data Network ("the Company") is engaged in the business of developing and
marketing a specialized suite of feature-rich, proprietary software applications
and services for the automotive industry. Our products and services are designed
for industry participants interested in relevant, real-time data related to the
purchase and sale of motor vehicles and automotive parts and related services in
specific markets. We market our products to vehicle and parts manufacturers,
dealers, consumers and related industry participants, including financial
institutions, insurance providers and fleet owners. Our core product offering
revolves around three functions: (1) our ability to link the often incompatible
systems and data structures of the various participants in the industry into one
unified information platform, (2) our ability to assemble and provide relevant,
actionable data in real-time to our subscribers, and (3) our breadth of services
and product offering designed to facilitate and increase efficiencies using the
data we provide to facilitate sales of new and used vehicles, parts and
accessories, and various services such as finance, insurance and vehicle
servicing.

Our product suite includes applications we have developed internally and
applications developed by businesses which will become subsidiaries through
acquisition upon the consummation of this offering, and we will utilize a
majority of the proceeds of this offering to complete the acquisition of those
businesses. See "Use of Proceeds." Our business strategy is being implemented by
a corporate executive team with over 100 years of combined operating experience
in and strong relationships with participants in the automotive industry in the
UK and Europe. Our strategy is designed to reinforce and build market share by
leveraging upon strong existing relationships in different distribution
channels, a broad range of product and service offerings and the use of our
information exchange Network as the most efficient means of transacting with the
maximum number of suppliers and customers. We earn substantially all of our
revenues from licensing fees for our products and services paid by dealers,
manufacturers and parts suppliers, although we also earn some fee income on a
per-transaction usage basis. Our operations to date have been focused primarily
on the UK market, but we plan to expand through our existing relationships with
manufacturers into markets in Europe. Additionally, we have experienced demand
for our software products from manufacturers in the U.S.

Our strategy is to be the market leader in providing systems and software
products and services and to act as the hub of a data information network for
the automotive sector. Our products address and capitalize on the automotive
industry's need for a common data information exchange network. Our products and
services are integrated and leverage upon the information within our Network to
increase efficiencies for all Network participants. We plan to increase market

share and revenue opportunities by developing and maintaining our position as
the strategic hub of this information and services network. Initially, we are
focusing on the UK market, although we recognize, and may pursue, additional
opportunities in Europe and the U.S.

This strategy is supported by the long-term objectives of the management, which
are:

* To accomplish and capitalize on industry integration;

* To deliver information to our subscribers; and

* To increase product offerings.

The following is a description of how we aim to achieve these objectives.

Our objective is to develop, and where appropriate acquire, the technology to
create a network that connects and integrates the three primary industry
channels - manufacturer, retailer and customer together, forming one data
network and one transaction engine upon which the entire automotive sector can
build an internal marketplace. The key to the successful integration of various
industry infrastructures will be the creation and maintenance of an information
flow designed to ensure that all data that we capture is evaluated, sorted and
repackaged for resale. We have engaged B&W Deloitte, Deloitte & Touche LLP's
actuarial and insurance consulting practice group, to work with us to develop a
strategy that ensures this integration is handled as seamlessly as possible.

As the Network grows, we will be charging subscription and transaction fees for
supplying industry transaction data collected by and distributed through our own
communications hub. Additionally, this repackaged information can be leveraged
to sell additional incremental products and services. The anticipated impact of
our integration of industry data on each of the three network channels is set
forth below.

Manufacturer Channel. Our Network will provide real-time, consolidated
information on trading, product demand and supply to and from manufacturers. It
will facilitate business to business acquisition and disposal of surplus
components and vehicle stock.

Retailer Channel. By creating a full-service communications gateway through the
Network, we will revolutionize existing dealer management systems. Dealers will
be able to access real-time records of vehicle and owner history, vehicle
reliability and running costs and competitor comparisons on price and
availability.

Consumer Channel. Access to our Network database will provide the consumer with
the opportunity to access the relevant vehicle's complete service and insurance
history, as well as allowing the consumer to verify used vehicle mileage.
Information on real-time regional market valuations and vehicle availability
will also be available to consumers either through dealerships, direct from
manufacturers, or via private sales or auctions.



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By centralizing data and information in the Network, we will enable the
automotive industry to maximize transaction opportunities by streamlining the
processes for accessing and managing this data and information. We believe that
by centralizing and streamlining these processes we will be able to reduce the
costs of data management for both the Company and for our subscribers, and
thereby increase profitability. Additionally, with the increasing size of our
database we believe the opportunities for leveraging upon new products for
commercial advantage will grow exponentially.

Our plans for expansion include the continued development of a wide range of
profitable products and services for our existing clients and future clients and
the continued development of our database software technology. We intend to
leverage upon these developments.

                            FORGE STRATEGIC ALLIANCES

As we grow and improve so will the opportunities for alliances and acquisitions
within the industry. We have assembled a management team with extensive
experience and relationships within the automotive industry, and are utilizing
their contacts to capitalize on these opportunities. These opportunities include
alliances with finance companies, auction houses, warranty companies, motor
insurance companies, and breakdown and recovery companies.

                             EXPAND IN THE UK MARKET

We intend to seek out and acquire other providers of data and information that
are currently operating in the UK. Through this strategy we aim to consolidate
our market share and reduce our competition.

                     EXPAND TO EUROPEAN AND OVERSEAS MARKETS

On the global level, we plan to capitalize on our existing technology and
products and services as well as our industry relationships to expand overseas
first into Europe and then into North America. We believe the automotive
industry in Europe is as fragmented as in the UK, allowing us to employ our
integration strategy to expand into Europe. Many of our existing subscribers
have European and overseas subsidiaries, giving us a springboard into those
markets. Additionally, we will utilize our management team's industry-wide
relationships with information providers to expand our market.

The following is a brief description of each of our current operating
subsidiaries:

Orbit Auto Data Network Ltd. Orbit has developed the Network that enables the
different proprietary software and databases of automotive industry participants
to interact efficiently in real-time through the use of a comprehensive XML
infrastructure.

All Cars Ltd. All Cars operates an interactive Web site through which over 2,000
dealerships in the UK currently market used cars to consumers.

A more detailed description of our business operations and product offerings
follows.

                          ORBIT AUTO DATA NETWORK LTD.

At the core of our business is the Network, developed by Orbit, which will allow
UK and European subscribers for the first time to access core technical and
transaction data for the manufacturing, retailing and aftermarket sectors of

the industry. This proprietary system is designed to act as a powerful
"translator," enabling the different proprietary software and databases of
automotive industry participants to communicate efficiently and in real-time
through the use of a comprehensive XML infrastructure.

Through a five year exclusive agreement with Kerridge Computer Company Ltd., the
largest dealer management system provider in Europe ("Kerridge"), according to
Kerridge, Orbit has access to and collects industry data from over 4,500
automotive dealers, as well as manufacturers and financial institutions,
including, HSBC Holdings Ltd., GM Interleasing UK (a subsidiary of General
Motors of America Corporation), SAAB GB Ltd., Volkswagen Group UK Ltd., Fiat
Auto UK Ltd., Deloitte & Touche LLP, Honda UK Ltd., Godfrey Davis (Contract
Hire) Ltd., Nissan Motor (GB) Ltd., Mitsubishi (The Colt Car Company Ltd.),
Renault UK Ltd., and Lombard Auto Exchange Inc. It is the data which is captured
via this Network and the connectivity that has been developed that lies at the
core of our ability to achieve our goal of becoming the information and data
source to the automotive industry.

Products and Services. We currently offer the following comprehensive data and
information services, integrative services and database products:

* New Vehicle Prices and Options, which aids retailers and manufacturers in
making pricing comparisons;

* Standard Equipment Colors and Trim, which aids retailers and manufacturers in
processing vehicle orders and making comparisons in pricing and options;

* Technical Specifications Data, such as load bearing and turning circles, which
gives manufacturers essential data;

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* Parts Cataloguing, which allows aftermarket players and Internet-based
platforms to track parts supplies;

* Service Maintenance and Repair Time Data, which allows fleet operators to
track repair data, and body shops and insurance companies to monitor repair
costs;

* Total Life Costs, which aids European consumer groups and manufacturers in
making vehicle comparisons;

* Optimum Finance Contract Data and Software, which gives retailers information
and aids them in assessing their financing options;

* Stock  Availability,  which aids  dealers in  locating  vehicles by a consumer
location;

* Used Vehicle Pricing, which provides real-time vehicle sale pricing by region;

* New Vehicle Data, which provides manufacturers with real-time data necessary
for planning and understanding the various retail incentives available; and

* Future Values, providing fleet operators and financing companies with data
needed for risk planning.

Revenue Generation. A majority of our revenues will be generated by long-term
recurring subscriber and licensing fees and for the use of these products and
services, as well as the related training and support we provide. Every time one
of our subscribers uses one of our products and services we are able to capture
more data, which can be resold.

Orbit also operates "Autosell," an on-line vehicle search engine, currently
accessible to insurance subscribers, which creates a transaction hub for the
sale of surplus inventory from automotive retailers. Autosell is used by three
major insurance companies to locate replacement vehicles written-off in
accidents. Autosell is currently a dealer to dealer intranet, but we believe it
has the capability for significant penetration of the insurance market, where
there is an imperative need for a high quality vehicle replacement locator.

                                  ALL CARS LTD.

All Cars was formed in 1999, and launched the Allcars.com Web site in 2001.
Allcars.com is an interactive Web site designed to allow UK dealers to market
used cars to the consumer. Effectively, it operates as a vehicle locator for the
consumer. In 2002, with the benefit of trials and marketing tests, the site was
relaunched and there are currently in excess of 2,000 dealers marketing on the
Web site. We have assurances from an additional 4,000 dealers, many of whom are
currently using Kerridge's dealer management system, that they will use the site
once there is a commitment to increased marketing of the site and we have fully
integrated Kerridge's dealer management system data into our Network and made
this information accessible through the Web site. The site is also designed to
be of interest to the Internet user in general, containing general automobile
interest content.

Products and Services. The Web site provides dealerships and prospective buyers
with access to information concerning used vehicle locations, automotive-related
products, such as insurance, warranty, finance and vehicle

accessories, generates visibility for our dealership subscribers' inventories
and increases traffic to dealership and supplier Web sites. All Cars' alliances
with dealer management systems providers allows us to provide automatic uploads
of available vehicles from dealer servers directly onto the site, relieving
dealers of the administrative burden of updating this content. We believe this
data extraction service gives us a competitive edge over other sites that do not
offer this feature.

The All Cars Web site user has the option of browsing a variety of search and
selection options for specifications and prices for new and used cars from every
major automobile manufacturer and local dealer. Additionally, the site offers a
variety of value-added features, including links to car guides and news reports,
a car auction facility, financing options for corporate and consumer vehicle
purchasers, a free Web page for dealerships, RAC road information and route
planning, vehicle insurance and warranty information, links to Halford Ltd.'s
Web site (a discounted automobile accessories site) and access for consumers to
book vehicles for servicing. All Cars expects to introduce Europe. Digital
interactive television access in selected countries and the brand extensions:
Allbikes, Allvans and Allrentals in the near future.

Revenue Generation. We receive 20% of the revenues generated from the over 1800
Internet-enabled dealerships throughout the UK that provide products or services
on the site. Advertising hyperlinks bring in additional revenues by linking
subscribers to third party sites where revenue is generated from commissions on
sales made. Since June 2000, All Cars has seen penetration by 45% of the top 100
dealers in the UK. We are focused on marketing All Cars and have seeded search
engines to increase traffic to the site. By leveraging All Cars' industry
contacts we expect to continue to forge strategic alliances with providers of
dealership management software and consolidate and expand this subscriber base
in 2002.

       NETWORK, DATABASE AND SOFTWARE DESIGN, DEVELOPMENT AND MAINTENANCE

Network infrastructure. Our Network has both the flexibility and scalability to
meet the requirements of our immediate, and broader, marketing sector ambitions.
The Network has a dedicated 32mb internet connection with 99.9% redundancy
guaranteed as stated in SLA's. KPNQwest, the largest broadband carrier in

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Europe, is the Network's internet services provider. KPNQwest serves the U.S.
market as well, allowing us global access without significant start-up costs.
This broadband capability provides us with the speed and security that real-time
transactions require and the ability to deliver services to our clients on
demand without delay. We have sufficient bandwidth to meet our retrieval needs
without any impact on our clients.

Software and Hardware. The hardware base for our Network will be one of five
enterprise class servers which will provide the processing power and back

up that our Network strategy requires. The hardware will be set up in a cluster
so that if any one server fails then another can take over the processes of the
failed server, providing the redundancy and data integrity of the current
transaction taking place and eliminating downtime. These servers will be hosted
by KPNQwest in their cutting edge facility. They also have five other such
hosting super-centers around the world in key places, which will provide us with
routes to market with global expansion of our Network in the future.

The database solution on which our data will be housed and delivered will be
provided by Software AG (UK) Ltd., the leading XML based platform supplier. The
network is based on a comprehensive XML infrastructure with the tools that allow
transactions to be formatted to the client needs and that can delivered on any
platform.

History of the company

Auto Data Network Inc ("the Company") was formed as a Delaware corporation on
November 6, 1996 under the name Medic Media Inc. On March 30, 1999, Medic Media
changed its name to AMAC Inc. AMAC Inc, had been engaged in the development and
manufacture of amphibious vehicles, but the market demand did not materialize
and the company decided to change direction and pursue a different strategy for
returning value to shareholders. Shareholders voted to look for an alternative
business to merge with when this happened, and realized that due to the large
losses left in AMAC Inc that a substantial reverse split would be likely to
occur upon any merger with another entity. On October 2, 2001 the Company
acquired all of the outstanding shares of Europortal Inc T/A Auto Data Group
("ADG") in exchange for the sale of 95% of the outstanding shares of the Company
to the former stockholders of ADG. The remaining 5% euity being retained by
existing AMAC stockholders. The effect of this transaction was a change of
control of the Company, ceding corporate control to the former stockholders of
ADG. In acquiring ADG the Company became the owner of Automotive Data Network
Ltd., formerly All Group Holdings Ltd., a UK holding company. On October 4, 2001
the Company changed its name to Auto Data Network Inc.

On March 19, 2002, the Company acquired Orbit Auto Data Network Ltd., formerly
E-com Multi (UK) Ltd for 90211 of the company's shares of common stock, valuing
the transaction at $285,000.On August 8th the company acquired Hilsten Resources
Ltd trading as County Services and Products for 800,000 shares of common stock
valuing the transaction at $3.4million.

                              INTELLECTUAL PROPERTY

We regard substantial elements of our service offerings as proprietary and
believe that they are protected by intellectual property rights including
trademark and trade secret laws, and contractual restrictions on their use by
licensees and others. We are currently in the process of trade marking the name
"All Cars." Although from time to time we may apply for registration of our
trademarks, service marks, and copyrights with the appropriate UK and European
agencies, we do not rely on such registrations for the protection of these
intellectual property rights. We often enter into confidentiality agreements
with our employees and consultants and with third parties in connection with our
business operations

and services offerings. These confidentiality agreements generally seek to
control access to, and distribution of, our technology, documentation, and other
confidential information. Despite these precautions, it may be possible for a
third party to copy or otherwise obtain and use or disclose to others our
confidential information without authorization or to develop similar technology
independently.

Litigation may be necessary in the future to enforce our intellectual property
rights, to protect our trade secrets or trademarks or to determine the validity
and scope of the intellectual property rights of others. Furthermore, our
business activities may infringe upon the proprietary rights of others and other
parties may assert infringement claims against us, including claims that arise
from directly or indirectly providing hyper-text links to Web sites operated by
third parties. Moreover, from time to time, we may be subject to claims of
alleged infringement by us or our subscribers of the trademarks, service marks
and other intellectual property rights of third parties. These claims and any
resultant litigation, should it occur, might subject us to significant liability
for damages, might result in invalidation of our intellectual property rights
and, even if not meritorious, could result in substantial costs and diversion of
resources and management attention and have a material adverse effect on our
business, results of operations and financial condition.

We currently license from third parties technologies and information
incorporated into our products and services. As we continue to introduce new
services that incorporate new technologies and information, we may be required
to license additional technology and information from others. We cannot assure
you that these third party technology and information licenses will continue to
be available to us on commercially reasonable terms, if at all. Additionally, we
cannot assure you that the third parties from which we currently license our
technology and information will be able to defend their proprietary rights
successfully against claims of infringement or invalidity. If any of these
technology and information licenses are not available to us in the future, we
may be delayed in introducing, or fail to introduce, new features, functions or
services. It could also adversely affect the performance of our existing
services until equivalent technology or information can be identified, obtained
and integrated.

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                                   COMPETITION

The Company has no direct competitors in the UK or in Europe who will be
offering the same breadth of products and services that we intend to offer.
Although our individual component companies have specific competitors in their
respective businesses: Orbit's direct competitors in the UK market are Capnet,
Glass's Information Services Ltd., and Autologic Information International Inc.

However, it is possible that, in the future, we may face increased competition
from other existing or potential competitors, such as The Reynolds and Reynolds
Company, currently operating only in North America. We believe that our ability
to successfully integrate manufacturers, retailers and customers in the
industry, and provide a comprehensive solution for the automotive industry by
providing one unified network will contribute to our success over any existing
or future competitors. Additionally, we feel the experience and reputation of
our management, as well as our proprietary technology and expertise will give us
a competitive edge over our competition.

While the market for providing Internet products and services for the automotive
industry is relatively new, it is rapidly evolving, and we anticipate the All
Cars Web site will face increased competition over time. Barriers to entry on
the Internet are relatively low, and we may face competitive pressures from
numerous companies, particularly those with existing data aggregation
capabilities that may be easily integrated with Internet services. Furthermore,
our existing and potential competitors may develop offerings that are perceived
as better than our services or otherwise achieve greater market acceptance.
Currently, All Cars directly competes with Autobytel Inc. and Autotrade, both
Internet-based companies.

                FACTORS RELATED TO OUR BUSINESS AND OUR INDUSTRY

We have a limited operating history, which makes it difficult to evaluate our
business and to predict our future results.

Although some of the subsidiaries have been established for over 10 years, ADN,
founded in 1999, has a limited operating history, which makes it difficult to
evaluate our business and to predict our future operating results. Since our
inception, we have been primarily engaged in developing a logistical plan and
the establishing the process for implementing such a plan, developing and
acquiring the necessary technology and increasing our customer base. We have
generated only limited revenues to date. Since we have no relevant operating
history upon which an evaluation of our performance and prospects can be made,
you should not consider our recent revenue growth an indication of our future
rate of revenue growth, if any.

Economic trends that negatively affect the automotive retailing industry may
adversely affect our business.

Purchases of new vehicles are typically discretionary for consumers and may be
particularly affected by negative trends in the economy. The success of our
business will depend upon a number of factors influencing the spending patterns
of automotive dealers and manufacturers for marketing and advertising services.
These patterns are in part influenced by factors relating to discretionary
consumer spending for automotive purchases, including economic conditions
affecting disposable consumer income, such as employment, wages and salaries,
business conditions, interest rates and availability of credit for the economy
as a whole and in regional and local markets. Because the purchase of a vehicle
is often a significant investment, any reduction in disposable income and the
impact such reduction may have on our clients may affect us more significantly
than businesses serving other industries or segments of the economy.

Any failure to build strong relationships with current and prospective
automotive dealer and manufacturer clients could limit our growth prospects and
adversely affect our business.

For our business to succeed, we must continue to develop relationships with
franchised automotive dealers, manufacturers and parts suppliers. We derive a
substantial portion of our revenues from subscription and license fees paid by
our subscribers in the automotive industry and our future growth depends in part
on expanding our base of dealer, manufacturer and supplier clients. In addition,
manufacturers, dealers and suppliers may elect to implement their own Internet
strategies, which could reduce our potential client base.

Terrorist attacks over the internet may seriously harm our business.

Terrorist attacks over the Internet may cause damage or disruption to our
business and our clients, which could significantly impact our revenues, costs
and expenses. The number of Internet viruses and security breaches have been
increasing and we may not have sufficient resources to protect against such
attacks.

We could face increased competition.

Our vehicle purchasing services compete against a variety of Internet and
traditional vehicle purchasing services, automotive brokers and classifieds. We
face competition from both Internet commerce companies as well as traditional,
software development companies and offline companies within the automotive and
automotive-related industries. The market for our products and services is new,
and competition among automotive-related software products and services
generally and commercial Web sites offering automotive-related products and
services may increase significantly in the future. To compete successfully as a
commercial entity, we must significantly increase awareness of our services and
brand name. We cannot assure that we can compete successfully against current or
future competitors, many of which have substantially more capital, existing
brand recognition, resources and access to additional financing. Our existing
and potential competitors may develop products and services that are perceived

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as better than those we provided or other achieve greater market acceptance. All
these competitive pressures may result in increased marketing costs, or loss of
market share or otherwise may materially and adversely affect our business,
results of operations and financial condition.

Future acquisitions may disrupt our business and distract our management.

We have engaged in a number of acquisitions, and we expect to continue to do so
in order to address potential growth in our customer base as well as our
expansion into new geographic areas, types of products and services and

alternative methods of sale. We may not be able to identify suitable acquisition
candidates, and if we do identify suitable candidates, we may not be able to
make such acquisitions on commercially acceptable terms or at all. If we acquire
another company, we may not be able to successfully integrate the acquired
business into our existing business in a timely and non-disruptive manner or at
all. We may have to devote a significant amount of time and resources to do so.
Even with this investment of time and resources, an acquisition may not produce
the revenues, earnings or business synergies that we anticipate. If we fail to
integrate the acquired business effectively or if key employees of that business
leave, the anticipated benefits of the acquisition would be jeopardized. The
time, capital, management and other resources spent on an acquisition that fails
to meet our expectations could cause our business and financial condition to be
materially and adversely affected. Additionally, acquisitions can involve
non-recurring charges and amortization of significant amounts of goodwill that
could adversely affect our results of operations.

Our management and operational systems might be inadequate to handle our
potential growth.

We are anticipating rapid growth that could place a significant strain upon our
management and operational systems and resources. Failure to manage our growth
effectively could have a material adverse effect upon our business, results of
operations and financial condition and could force us to halt our planned
continued expansion, causing us to lose our opportunity to gain significant
market share. Our ability to compete effectively as a provider of software
applications and systems to the automotive industry and to manage future growth
will require us to continue to improve our operational systems, product
development organization and our financial and management controls, reporting
systems and procedures. We may fail to make these improvements effectively.
Additionally, our efforts to make these improvements may divert the focus of our
personnel.

We must integrate our key executives into a cohesive management team to expand
our business. If our new hires perform poorly, or if we are unsuccessful in
hiring, training and integrating these new employees, or if we are not
successful in retaining our existing employees, our business may be harmed. To
manage the expected growth of our operations and personnel, we will need to
increase customer support capacity, transaction processing, operational and
financial systems, procedures and controls. This is a special challenge when we
acquire new operations with different systems. Our current and planned
personnel, systems, procedures and controls may not be adequate to support our
future operations. We may be unable to hire, train, retain and manage required
personnel or to identify and take advantage of existing and potential strategic
relationships and market opportunities.

Our quarterly financial results will fluctuate, which may affect our stock price
and make it difficult to predict our future performance.

As our business grows and the market for our product matures, we expect our
quarterly operating results will fluctuate due to many factors, including the
following:

* the retention of existing dealers, manufacturers and parts suppliers, the
addition of new dealers, manufacturers and parts suppliers;

* the rate and volume of expenditures by dealers, manufacturers and parts
suppliers for our services;

* the introduction of new or enhanced sites, services and products by us or our
competitors;

* our ability to joint venture with investors in the development of ADN branded
companies internationally;

* our ability to meet our obligations with respect to the MAM post-closing
payment obligations;

* economic conditions generally and those specific to the Internet, online
commerce software development or the automotive industry;

* our ability to upgrade and develop our systems and infrastructure;

* our ability to attract qualified new personnel in a timely and effective
manner;

* technical difficulties with respect to the Internet or infrastructure;

* the amount and timing of operating costs and capital expenditures relating to
expansion of our business, operations and infrastructure;

* governmental regulation; and

<PAGE>

* unforeseen events affecting the industry.

We may not maintain profitability

We cannot guarantee that our business strategy will be successful or that we
will maintain significant revenues or profitability. We expect to continue to
incur significant operating expenses to fund marketing and promotion, customer
support, further development of our systems, technology and operating
infrastructure development and meet our MAM post-closing payment obligations
and, as a result, we will need to generate significant revenue increases and
control expenses to maintain profitability.

We may lose key personnel or be unable to attract, train and retain additional
highly qualified sales, marketing, managerial and technical personnel.

The loss of the services of one or more of our key executive officers could have
a material adverse effect on the development of our business and, accordingly,
on our operating results and financial condition. Qualified

technical personnel are in great demand throughout our industry. Our future
growth will depend in large part upon our ability to attract and retain highly
skilled technical and engineering personnel. Our failure to attract and retain
the technical personnel that are integral to our expanding development needs may
limit the rate at which we can develop new products and services, which could
have a material adverse effect on our business, results of operations and
financial condition.

We are subject to risks of conducting business in foreign countries.

If we successfully expand into international markets, we will be subject to the
risks of conducting business in foreign countries, some of which may include:

* competing with local companies;

* difficulty in establishing or managing distribution relationships;

* paying higher telecommunications and Internet service provider costs;

* difficulty in locating qualified local employees, partners, distributors and
suppliers;

* the potential burden of complying with a variety of foreign laws, trade
standards, consumer protection laws and regulatory requirements, including
limitation on our services in local jurisdictions;

* difficulties in collecting accounts receivables;

* experiencing foreign currency exchange rate fluctuations; and

* facing potentially adverse tax consequences.

We have limited experience in localizing our service to conform to foreign
cultures, standards and policies. We may not be successful in expanding into
international markets or in generating revenues from foreign operations. Even if
we are successful, the costs of operating in most countries are expected to
exceed our net revenues for at least twelve months.

Our success is dependent on keeping pace with advances in technology.

Software products and electronic commerce markets are characterized by rapid
technological change, changes in user and customer requirements, frequent new
service and product introductions embodying new technologies and the emergence
of new industry standards and practices that could render our existing Web sites
and technology obsolete. If we are unable to adapt in cost-effective way, to
changing technologies, our business, results of operations and financial
condition could be materially and adversely affected. Our performance will
depend, in part, on our ability to continue to enhance our existing services and

products, develop new technology that addresses the increasingly sophisticated
and varied needs of our prospective customers, license leading technologies and
respond to technological advances and emerging industry standards and practices
on a timely and cost-effective basis. We may not be successful in using new
technologies effectively or adapting our Web sites, or other proprietary
technology to customer requirements or to emerging industry standards.

Our computer infrastructure may be vulnerable to security breaches.

While we have designed security measures to prevent physical or electronic
computer break-ins, viruses and similar disruptive problems and security
breaches, our computer infrastructure is potentially vulnerable to such problems
or breaches. Any such problems or security breach could cause us to have
liability to one or more third parties and disrupt all or part of our
operations. A party who is able to circumvent our security measures could

<PAGE>

misappropriate proprietary information, jeopardize the confidential nature of
information transmitted over our Network or cause interruptions in our
operations. To the extent that our activities or those of third party
contractors involve the storage and transmission of proprietary information such
as personal financial information, security breaches could expose us to a risk
of financial loss, litigation and other liabilities. Our insurance does not
currently protect against such losses. Concerns over the security of Internet
transactions and the privacy of users could also inhibit the growth of the
Internet in general, particularly as a means of conducting commercial
transactions. These online commerce security risks could have a material adverse
effect on our business, results of operations and financial condition.

We are exposed to risks associated with information disseminated through our
service.

We could be exposed to liability with respect to third-party information that is
accessible through Web sites we create and through our Network. The law relating
to the liability of online services companies for information carried on or
disseminated through their services is currently unsettled. These claims might
assert that, by directly or indirectly providing links to Web sites operated by
third parties, we should be liable for copyright or trademark infringement,
defamation or other wrongful actions by third parties through these sites. In
addition, federal, state and foreign legislation has been proposed that imposes
liability for or prohibits the transmission over the Internet of certain types
of information. Our service generates information from users regarding other
users. It is also possible that if any information provided on our clients' Web
sites contains errors, consumers and our clients could make claims against us
for losses incurred in relying on this information. We access the systems and
databases of our clients and, despite precautions, we may adversely affect these
systems. If we become liable for information provided by our users and carried
on our service in any jurisdiction in which we operate, we could be directly
harmed and we may be forced to implement new measures to reduce our exposure to
this liability. This may require us to expend substantial

resources and/or to discontinue certain service offerings, which would
negatively affect our financial results. Even if these claims do not result in
liability to us, we could incur significant costs in investigating and defending
against these claims and our reputation could suffer dramatically. In addition,
the increased attention focused upon liability issues as a result of these
lawsuits and legislative proposals could harm our reputation or otherwise impact
the growth of our business. Any costs incurred as a result of this liability or
asserted liability could harm our business.

Government legislation could limit our access to data for resale and/or
transmission.

Future legislation affecting some or all of the markets in which we sell our
products and services may limit our access to data for resale and/or
transmission. Such laws may have the effect of increasing the costs associated
with the possession of such data. If these costs increase, our services could
become more expensive, and therefore, our revenues could be reduced.

Our industry may become subject to greater government regulation.

Due to concerns arising from the increasing use of the Internet, a number of
laws and regulations have been and may be adopted covering issues such as user
privacy, pricing, acceptable content, taxation and quality of products and
services. Failure by our clients or us to comply with such laws and regulations
could subject us to legal action, including fines, and could cause us to expend
management and other resources. In addition, such legislation could dampen the
growth in use of the Internet generally and decrease the acceptance of the
Internet as a communications and commercial medium. Further, due to the global
nature of the Internet, it is possible that multiple UK or foreign jurisdictions
might attempt to regulate Internet transmissions or levy sales or other taxes
relating to activities. Moreover, the applicability to the Internet of existing
laws governing issues such as property ownership, libel and personal privacy is
uncertain. We cannot assess the impact of any future regulation of the Internet
on our business.

Prospective clients may not accept electronic commerce and the Internet as a
means of purchasing.

Our success depends on the increased acceptance and use of the Internet as a
medium of commerce. Our business will suffer if potential customers do not
accept electronic commerce and the Internet as a means of purchasing.
Business-to-business electronic commerce is a new and emerging business practice
that remains largely untested in the marketplace. Rapid growth in theuse of the
Internet and electronic commerce is a recent phenomenon. As a result, acceptance

and use may not continue to develop at recent rates and a sufficiently broad
base of business customers may not adopt or continue to use the Internet as a
medium of commerce. Demand for and market acceptance of services and products
recently introduced over the Internet are subject to a high level of
uncertainty, and few proven services and products yet exist.

We may not be effective in licensing new products and maintaining our existing
licensed technology.

We license and will continue to license certain technology integral to our
products and services from third parties, including value-added commerce related
products and services which may be integrated with internally developed
management tools and services. Other companies, including those that may have
substantially greater financial, marketing and other resources than us, compete
with us for the right to license these products and services. We may not be
successful in identifying potential product or services licensing. If any of
these opportunities are identified, we may not be able to obtain these licenses
on acceptable terms. We may not be able to successfully integrate any licensed
product or technologies into our products and services. Our failure for any
reason to maintain such licenses could have a material adverse effect our
business, operating results and financial condition.

<PAGE>

We and our subsidiaries may be unable to protect our intellectual property or
suffer misappropriation of our intellectual property and proprietary rights.

Legal standards relating to the validity, enforceability and scope of protection
of proprietary rights in software and systems related businesses are uncertain
and still evolving, and we cannot predict the future viability or value of any
of our proprietary rights. We also cannot assure you that the steps that we have
taken to protect our intellectual property rights and confidential information
will prevent unauthorized disclosure, misappropriation or infringement of these
valuable assets. In addition, our business activities may infringe upon the
intellectual property rights of others and other parties may assert infringement
claims against us. Any litigation to enforce our intellectual property rights or
to determine the validity and scope of the proprietary rights of others might
result in substantial costs and diversion of resources and management attention.
Moreover, if we infringe upon the rights of others, we may be required to pay
substantial amounts and may be required to either license the infringed
intellectual property or to develop alternative technologies independently. We
may not be able to obtain suitable substitutes for the infringed technology on
acceptable terms or in a timely manner, which could adversely affect our
business, results of operations and financial condition.

ITEM 2. DESCRIPTION OF PROPERTIES

The Company has no significant assets other than those detailed in the accounts.

ITEM 3. LEGAL PROCEEDINGS

No legal proceedings are pending at this time.

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

The Company on August 2, 2001, with the majority consent of its shareholders,
elected to cease its original business plan to manufacture and develop
amphibious vehicles and to actively seek a merger candidate or other business
opportunities. The shareholders further appointed Richard Smith to the Board of
Directors. Richard Smith subsequently resigned on 4th October 2001 once the
acquisition of EUROPORTAL INC T/A AUTO DATA GROUP was consummated.

On October 2nd 2001 a majority of shareholders voted in favor of the acquisition
OF EUROPORTAL INC T/A AUTO DATA GROUP.

On 4th October 2001 shareholders voted unanimously to appoint Christopher Glover
and Lee Cole to the board of Directors of the company.

                                     PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

As of February 28, 2002, the Company had approximately 105 shareholders. The
Company's common stock began trading on the OTC Bulletin Board in April 1999
under the trading symbol "UMAC". On October 15, 2001 the symbol changed to
"ADNW". Total trading volume of the shares of the Company's common stock has
been minimal since the listing of the shares. The last trade made in the
company's shares was $4.25 per share.

ITEM 6. SELECTED FINANCIAL DATA

                             AUTO DATA NETWORK INC.
                        SELECTED FINANCIAL DATA SCHEDULE
                      FROM MAY 1, 1997 TO FEBRUARY 28, 2002





                             Year ended     From Inception to
                         February 28, 2002     February 2002

Cash & cash items                     14                  14
Marketable securities                  0                   0
Notes & accounts receivable       31,468              31,468
Allw for doubtful accounts             0                   0
Inventory                              0                   0
Total Current Assets              39,976              39,976
Property Plant & Equipment        24,762              24,762
Other assets                   4,772,242           4,772,242
Accumulated Depr                       0                   0

<PAGE>

Total Assets                  4,836,980            4,836,980
Total current liabilities       633,090              633,090
Common stock                     11,462               11,462
Other stockholders' equity    5,383,018            5,383,018
Total Liabilities and
 Stockholders' equity         4,836,980            4,836,980
Net Sales of Tangible Products   40,760               40,760
Total Revenues                   40,412               40,412
Cost of Tangible Goods Sold           0                    0
Total Costs and Expenses applicable
    To sales and revenues        28,457               28,457
Other costs and expenses              0                    0
Provision for doubtful accounts       0                    0
Interest and amortization of
    Debt discount                 7,641                7,641
Income before taxes
    and other items             (36,446)             (36,446)
Income tax expenses                   0                    0
Income/loss continuing
    operations                 ( 36,446)             (36,446)
Discontinued operations               0                    0
Extraordinary items write off
Goodwill                       (1,123,306)        (1,123,306)
Cumulative Effect - changes in
    Accounting principles             0                    0
Net Income or loss             (1,159,752)        (1,159,752)



ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATION.

The Company's principal business purpose is to create a group of automotive
companies providing real time data and transactional services to manufacturers,
retailers and consumers. Services are integrated onto a single transaction
platform and data network. The platform propositions are integrated as a
communications channel that allows all automotive sector participants to
transact within a single environment, in which transactional data is added and
modified on the network. This process creates a unique source of "Intelligent
Information(TM)" that can be accessed by subscribing companies to analyze and
react to changes in market conditions. ADN does not currently have a working
capital line of credit with any financial institution.

The company, financed by loans from shareholders, has invested substantial funds
developing its technology platform since inception and will now commercialize
this platform via an acquired customer base. Subsequent to the year end the
company has completed on the acquisition of E-com multi for 90211 shares of
Common Stock valuing the transaction at $285,000 and Hilsten Resources Ltd
trading as County Services & Products for 800,000 shares of common stock valuing
the acquisition at $3.4million. Hilsten Resources Limited changed its name to
County Services and Products Limited on October 9, 2002.

The company has also entered into confidential letters of intent to acquire four
further businesses. The company is currently engaged in discussions with
vfinance to provide funding to enable the company to close the purchase of these
acquisitions. vfinance was engaged as placement agent for a private offering but
the offering did not take place and no commitment letter was signed.

Future sources of liquidity will be affected by the Company's ability to close
planned acquisitions and obtain additional debt or equity funding. The Company
is currently engaged in raising equity finance in order to complete its
acquisition strategy and provide working capital. There is no guarantee that the
company's efforts will be successful.

The Company is also undertaking additional acquisitions in order to increase its
liquidity and to provide the Company with additional capital which is necessary
to develop the Company's operations. Any entity acquired will become subject to
the same reporting requirements as the Company upon consummation of any such
business combination.

The Company has from time of inception to February 28, 2002 derived a net loss
from operations of $1,159,752. These results are no longer reflective of the
ongoing business of the Company subsequent to the acquisitions made and those
planned. It is anticipated that Auto Data Network Inc will be able to meet its
financial obligations through internal net revenue in the foreseeable future
providing that it executes its current acquisition strategy. Therefore, if the
Company does not execute its current acquisition strategy future sources of
liquidity will be limited to the Company's ability to obtain additional debt or
equity funding.

During the fiscal year ending 28th February 2002, the AMAC Inc sold its
subsidiary CMAC Limited and its assets for nil consideration and the total

<PAGE>

goodwill $1,123,306 arising from the acquisition of AMAC Inc has been written
off as a consequence. The Company acquired Auto Data Group on October 2nd, 2001,
and this has been treated as a reverse takeover with Auto Data Group being
regarded as the acquirer in the financial statements.

The company trades in the UK and Europe and provision is made for the difference
in exchange rates prevailing at each accounting period end and applied to assets
and liabilities in subsidiary companies based abroad. There is a loss of $30,838
in this accounting period more fully disclosed in the notes to the financial
statements.

Trading has been limited until such time as investment funds and the planned
Group structure materializes.

NOTE 4. STOCK TRANSACTIONS

On September 28, 2001 the Company issued 8,333,333 shares of common stock to
Gala Consultancy in consideration for the capitalization of all of their loans
to the company amounting to $1,069,854.( Equivalent to $3.19 per share after the
reverse split described below).

On September 29, 2001 the Company conducted a 25 for 1 reverse split of the
Company's common stock to 534,871 shares which became effective on 15th October
2001.

On October 16, 2001 AMAC Inc issued 9,500,000 shares of the Company's common
stock to the shareholders of Europortal Inc T/A Auto Data Group in consideration
for the reverse acquisition of Europortal Group T/A Auto Data Group and its
subsidiaries.

On October 17, 2001 the Company issued 1,077,268 shares to various parties in
consideration for the capitalization of $4,039,754 of loans at the closing price
on that date of $3.75.

On 15th February 2002 350,000 S-8 shares were issued to consultants for services
carried out on behalf of the company. The shares were issued in lieu of fees of
$262,500.

Pursuant to a resolution of the Board of Directors of the company on February
27, 2002, the Company elected to change its fiscal year end from April 30th to
February 28th. The Company is therefore filing this Form 10K for the transition
period from April 30, 2001 to February 28, 2002.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FINANCIAL INFORMATION

REPORT OF INDEPENDENT AUDITORS

TO THE BOARD OF DIRECTORS:

We have audited the accompanying balance sheet of Auto Data Network Inc.,("Auto
Data Network, Inc.") as of February 28, 2002 and the related Income Statement
and Cash Flow for the period then ended. These financial statements are the
responsibility of the Company's management. Our responsibility is to express an
opinion on these financial statements based on our audit.

We conducted our audit in accordance with generally accepted auditing standards
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Auto Data Network Inc., as of
February 28, 2002, and the results of its operations and its cash flows for the
period then ended in conformity with generally accepted accounting principles.

Frank E. Hanson, C.P.A. Date May 2 2003 Arlington, Virginia

For previous years Financial Statements and Audit Reports please see SEC
filings, Forms 10KSB under Medic Media Inc ( name subsequently changed to AMAC
Inc)Central Index Key 0001029762.



<PAGE>



Auto Data Network, Inc.

                           Consolidated Balance Sheet
                       For Period Ending February 28, 2002



                             AllGroup Holdings Ltd*
                                   As of               As of
                              February 28 2002    April 30, 2001

CURRENT ASSETS
     Cash                          $     14         $      191
     Accounts Receivable              1,221             20,853
     Loans to staff                  13,776             12,632
     Stock Advertising Material      10,104             10,039
     Prepaid Expenses                 8,494             91,056
     Other Debtors                    6,364            303,181
     Unpaid Share Capital                 3            350,900
        Total Current Assets       $ 39,976         $  788,852

FIXED ASSETS
     Office Equipment
     (Net of Depreciation)        $  24,762            509,753

        Total Fixed Assets           24,762            509,753

OTHER ASSETS
     Accumulated Development and
     Acquisition Cost            $4,772,242

        Total Other Assets        4,772,242

        Total Assets              4,836,980          1,298,605



                       LIABILITES AND STOCKHOLDER'S EQUITY

CURRENT LIABILITIES

     Bank Borrowing             $    55,425             20,566
     Accounts Payable
      (See Footnote 3)          $   327,885            373,734
     Accrued Expenses               224,822            553,646
     Loan Payable                    24,958              9,022
     Inter Group Accounts                                  149
     VAT $ Other Taxation                              119,258

     Total Current Liabilities  $   633,090          1,076,375

LONG TERM LIABILITIES           $         0          3,334,827

Total Liabilities                   633,090         4,411,202




<PAGE>



STOCKHOLDER'S EQUITY



    Common Stock $0.001 par
    value 25,000,000 shares
    authorized
    11,462,078 issued and
    outstanding
    February 28,2002           $    11,462            350,900

    Additional Contributed
      Capital                    5,383,018                  0

    Reduction in Income-Due to
     Currency Value Changes        (33,838)
    Accumulated Deficit         (1,159,752)        (3,463,457)

    Total Stockholders Equity   $4,203,890         (3,112,557)


Total Liabilities and
    Stockholder's Equity        $4,836,980          1,298,605



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

*Note Allgroup Holdings Ltd was an unlisted company and included for comparison
purposes only as it held all the operating activities of the Group in the
period.. The Stockholders Equity quoted as of April 30 2001 is now eliminated on
consolidation.

                             AUTO DATA NETWORK, INC.
                      Consolidated Statement of Operations
                       For Period Ending February 28, 2002


                                                         AllGroup Holdings
                                   As of As of
                                        February 28 2002    April 30, 2001
                                           10 months          4 months

Total Revenue                              $   40,412       $   6,191
Cost Of Sales                                 (40,760)        (29,244)
Gross Profit (Loss)                              (348)        (23,053)

Operating Expenses :
     General and Administration                28,457         735,794
Total Operating Expenses                       28,457         735,794

Operating Loss                               (28,805)        (758,847)
Interest Expense                                7,641             481
Loss before Income taxes                     (36,446)        (759,328)
                                             --------        ---------
Exceptional item Goodwill write off       (1,123,306)               0

Income Tax Expense                                 -0-              0

    Net Loss                               $ (1,157,752)     $(759,328)
                                           -------------     ----------

Basic and diluted loss per share              (0.1012)        (0.7593)

Shares used in computing basic and
diluted net loss per share                 11,462,078        1,000,000


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

<PAGE>

Auto Data Network Inc.

                       Consolidated Statement of Cashflows
                     For the Period Ending February 28, 2002


                                                         AllGroup Holdings
                                     For the 10 months   For the 4 months
                                          Ended              Ended
                                    February 28, 2002    April 30, 2001
CASH FLOWS FROM OPERATING
ACTIVITIES:
Net Loss                                $(1,159,752)        $(759,327)

Adjustments to Reconcile Net Loss
to Net Cash Used in operating
Activities:
Depreciation and amortization                  4,349             8,553
Write off of Goodwill                      1,123,306                0
Other Non cash charges                             0                 0
Changes in Assets and Liabilities:
     Accounts Receivable                      (1,221)           60,935
     Pre-paid expenses                        (5,605)          (32,373)
     Other current assets                    (30,247)         (181,964)
     Tangible Assets                         (29,111)          (91,166)
     Accounts Payable                        381,547            (3,805)
     Accrued Expenses                        104,580           354,793
     other Current Liabilities                24,959            66,510
     Other Non current liabilities                 0           426,889
                                           ----------         ---------
Net Cash Used in
Operating Activities                        1,572,556          608,372



CASH FLOWS FROM INVESTING
ACTIVITIES:


Acquisition of Subsidiaries                 (714,917)                0
                                           ----------         ---------
Net cash used in investing
Activities                                  (714,917)                0



CASH FLOWS FROM FINANCING
ACTIVITIES:


New Share issue                                6,424                 0
Additional Paid-in Capital                   287,446                 0
Effect of exchange rates on cash             (30,838)          121,338
Other non-cash changes*                        4,221                 0
                                           ----------         ---------
Net cash from financing activities           267,253           121,338

Net Change in Cash                           (34,860)          (29,617)

Cash at Beginning of Period                  (20,566)            9,051
Cash at End of Period                        (55,425)          (20,566)

Supplemental disclosure of cash flow
Information
Interest paid                                $ 6,603                 0

Loans capitalised                         $4,086,492                 0
Adjustment for additional capital           (287,446)                0
Goodwill                                  (4,057,326)                0
Net Adjustment*                                4,220                 0



The accompanying notes and accountant's report are an integral part of these
financial statements.

<PAGE>


                             AUTO DATA NETWORK INC.
                         SHAREHOLDERS' EQUITY STATEMENT
                      FOR THE YEAR ENDED FEBRUARY 28, 2002



<TABLE>
<CAPTION>

                                  Common              Stock Issued               Total          Acc.        Shareholder's
                                  Shares               Par Value $           Paid Capital     Deficit          Equity

                                      --------------------------------------------------------------------------
<S>                                <C>                   <C>                    <C>         <C>           <C>
Balance as of
April 30, 1998                     10,000,000            $10,000                $9,000      $(31,450)     $ (12,450)

Shares Cancelled
March 31, 1999                    (10,000,000)           (10,000)

Shares Issued
6.5 to 1 Reverse
Split March 8, 1999                 1,538,461              1,538

Net Loss for
Year Ended 1999                     3,500,000              3,500                            (133,004)      (150,416)

                                        --------------------------------------------------------------------------
Balance
Apr. 30, 1999                       5,038,461             $5,038                $9,000     $(164,454)     $(150,416)

Net Loss for
Year Ended 2000                                                                             (126,846)      (277,261)

                                        ----------------------------------------------------------------------------
Balance
Apr. 30, 2000                       5,038,461             $5,038                $9,000     $(291,300)     $(277,261)

Net Loss for
Year Ended 2001                                                                             (143,450)      (420,711)

                                         -----------------------------------------------------------------------------
Balance
Apr. 30, 2001                       5,038,461             $5,038                $9,000     $(434,750)     $(420,711)
AMAC Inc
                                            =================================================
Shares Issued
Sep 28, 2001                        8,333,333              8,333             1,069,855                    1,078,188
Gala Loan Capitalised
25 for 1 Reverse
Split Sep 29, 2001                (12,836,923)            (12836)              12,836
hares Issued
Oct 16, 2001                        9,500,000              9,500                (9500)        34,750        434,750
Acquisition of Europortal Inc
Shares Issued
Oct 17, 2001                        1,077,268             $1,077             4,038,677
4,039,754
Shares issued
Feb 15, 2002                          350,000                350               262,150
262,500
Consultants
Net loss for
Year Ended 2002                                                                                          (1,159,752)
(1,159,752)
Currency Value
changes
(30,838)
                                                 ............................................................................

Balance
February 28, 2002                  11,462,078             11,462)           $5,383,018    (1,159,752)     4,203,890
</TABLE>



On September 28, 2001 the Company issued 8,333,333 shares of common stock to
Gala Consultancy in consideration for the capitalization of all of their loans
to the company amounting to $1,069,854.

On September 29, 2001 the Company conducted a 25 for 1 reverse split of the
Company's common stock to 534,871 shares which became effective on 15th October
2001.

On October 16, 2001 the Company issued 9,500,000 shares of the Company's common
stock to the shareholders of Europortal Inc T/A Auto Data Group in consideration
for the reverse acquisition of the whole 9500 shares comprising the issued share
capital of Europortal Group T/A Auto Data Group and its subsidiaries.

On October 17, 2001 the Company issued 1,077,268 shares to various parties in
consideration for the capitalization of $4,039,754 of loans at the closing price
on that date of $3.75.

On 15th February 2002 350,000 S-8 shares were issued to consultants for services
carried out on behalf of the company. The shares were issued in lieu of fees of
$262,500. The services were included as expenses under the heading Accumulated
Development and Acquisition costs and were consultants and accountants costs
directly relating to acquisition and capitalized by reference to APB
16 Para 76 and FAS 141 Para 24

During the year the Company issued the following shares to employees:

No. of Total Premium


                            shares     $     Paid $

C R Glover                  39,046  146,421  146,382
M J O'Driscoll              39,046  146,421  146,382
P Meader                     6,508   24,404   24,397
C Breathwick                 6,508   24,404   24,397
S Allwork                    7,491   28,092   28,085
N Glover                     2,724   10,215   10,213
J Timms                      6,394   23,978   23,971
J Meredith                   9,489   35,584   35,574
S Brown                      3,808   14,280   14,276
J O'Nions                      981    3,678    3,677
L Green                      5,494   20,601   20,596

Total                      127,487 478,077   477,950



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



<PAGE>



                             AUTO DATA NETWORK, INC.
                        Footnotes to Financial Statements
                     For the Period Ending February 28, 2002

NOTE 1 NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES

Description of Company : Auto Data Network, Inc. a Delaware corporation is the
parent company arising from the merger between the company and the following
entities : Allcars.com Limited, Redleaf Vehicle Leasing Limited, Your Motorized
World, Inc, All Group Holdings Limited, Automotive Data Network, Inc., and
Europortal Inc. Automotive Data Network, Inc's aim is to create a dedicated
information network between the UK automotive industry its consumers and trading
partners.

Pursuant to a resolution of the Board of Directors of the company on February
27, 2002, the Company elected to change its fiscal year end from April 30th to
February 28th. The Company is therefore filing this Form 10K for the transition
period from April 30, 2001 to February 28, 2002.

Recent Accounting Pronouncements

         In June 2001, the FASB issued Statement No. 142, Goodwill and Other
Intangible Assets, effective for fiscal years beginning after December 15,
2001.Under the new rules, goodwill and intangible assets with indefinite lives
will no longer be amortized, but will be subject to annual impairment tests in
accordance with Statement 142. Other intangible assets will continue to be
amortized over their useful lives. The Company recorded goodwill as a result of
the Europortal Inc reverse acquisition, but has not recorded any amortization in
accordance with SFAS No. 142. The Company is still in the process of evaluating
the impact of adopting this pronouncement on its consolidated financial
statements,however, it does not believe that the adoption of this pronouncement
will have a material impact on the consolidated financial statements.

In June 2001, the FASB issued SFAS No. 143 "Accounting for Asset Retirement
Obligations." SFAS No.143 addresses financial accounting and reporting for
obligations associated with the retirement of intangible long-lived assets and
associated asset retirement costs. SFAS No. 143 requires that the fair value of
a liability for an asset retirement obligation be recognized in the period in
which it has occurred. The asset retirement obligations will be capitalized as a
part of the carrying amount of the long-lived asset. SFAS No. 143 applies to
legal obligations associated with the retirement of long-lived assets that
result from the acquisition, construction, development and normal operation of
long- lived assets. SFAS No. 143 is effective for years beginning after June 15,
2002, with earlier adoption permitted. Currently, the Company does not believe
this statement has any impact on the Company.


         In August 2001, the FASB issued SFAS 144, "Accounting for the
Impairment or Disposal of Long-Lived Assets". This statement is effective for
fiscal years beginning after December 31, 2001. This supercedes SFAS 121,
"Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to
be Disposed Of", while retaining many of the requirements of such statement. The
Company does not believe that this statement will have a material effect on the
Company's financial statements.

NOTE 2 BASIS OF PRESENTATION :
Financial statements are prepared on an accrual basis of accounting where
revenue is recognized when earned and expenses when incurred. The company has
changed its year end to February 28th.

NOTE 3 ACCOUNTS PAYABLE :
As of the date of this report there are no judgements or pending litigation.
However management indicates that if the funding exercise fails alternative
funding will be required to satisfy liabilities. Details of the overdraft
balance included in Accounts Payable on the balance sheet are as follows

                                           2002                          2001

Bank Borrowing                           55,425                       20566
Accounts Payable                        327,885                      373734
Sources of Overdraft
Lloyds TSB Bank                            2153                           0
Natwest Bank                              20262                       20566
Barclays Bank                             33024                           0


NOTE 4 USE OF ESTIMATES :
The preparation of financial statements in conformity with generally accepted
accounting principles require management to make estimates and assumptions that
affect certain reported amounts and disclosures. Accordingly actual results
could differ from these estimates. Significant estimates in the financial
statements includes the assumption that the company will continue as a going
concern.

NOTE 5 CONTINGENT LIABILITY :
The accrued payroll of UK staff and Directors was converted into equity on
October 22, 2001 at the rate of $3.75 per share of Common Stock. The closing

<PAGE>

price of the stock on that day was $4.00 it is considered that no liability will
have been incurred as the conversion price does not exceed the per share
discount that it would be reasonable to offer to stockholders or others.

NOTE 6 LIQUIDITY :
The Company's future trading will depend upon successful completion of its fund
raising program.

NOTE 7 ACCUMULATED DEVELOPMENT AND ACQUISITION COSTS :




     Goodwill arising on acquisition
                             Allcars Ltd                       $3,663,999
                             Redleaf Ltd                          255,243
                             Allgroup Holdings Ltd                138,053
                             AMAC                               1,123,306
     Costs of acquisition of subsidiaries                         333,800
     Direct consultancy costs on acquisitions                     232,500
     Costs of flotation and funding developments                  148,647
     Write of Goodwill                                         (1,123,306)

     TOTAL 28th  February 2002                                 $4,772,242



NOTE 8 DEPRECIATION POLICY
The Company depreciates its assets over their useful lives on the following
basis :- Tangible Assets at 25% per annum of the net book value of the assets..
Intangible Assets at 3% per annum but also subject to review of impairment as
required by SFAS 144 Depreciation is provided 12 months from the date of
acquisition of the asset.

NOTE 9 FOREIGN CURRENCY :
The Company's foreign subsidiaries use the local currency as their functional
currency. Accordingly, assets and liabilities are translated into U.S. dollars
at year end exchange rates, and revenues and expenses are translated at the
average rate prevailing during the accounting period.
Provision is made for the difference in exchange rates prevailing at the end of
each accounting period end and applied to assets and liabilities in subsidiary
companies based abroad. The average exchange rate for the accounting period is
applied for Statement of Operations items. There is a loss of $30,838 in this
accounting period which is not considered material.

NOTE 10 REVENUE RECOGNITION
Non-refundable up-front payments received in connection with software licences
and support services are deferred and recognized on a usage basis over the
relevant periods of the service agreement typically 3 or 5 years. All other
services supplied are invoiced in arrears and are immediately collectible.

NOTE 11 CONSOLIDATION :
The company owns 100% of the stock of all its subsidiaries and the financial
statements incorporate the consolidation of all the companies in the group.

NOTE 12 FINANCIAL STATEMENTS FOR AMAC INC :
AMAC Inc acquired all the issued share capital of Europortal Inc, trading as
Auto Data Group on October 2 2001 for 9,500,00 shares of common stock. Existing
stockholders retained 500,000 shares representing 5% of the equity of the
Company. The effect of this transaction was to transfer control of the Company
to the stockholders of Europortal Inc and therefore the Financial Statements
reflect this as a reverse takeover.

Europortal Inc chose to reverse into AMAC Inc to take advantage of the
development work already carried out on the Amphibious Vehicle prototype
following licencing by the UK Department of Trade and Industry and Lloyds
Shipping Hull Construction Certification.

The Income statements include trading of the combined entity from date of
combination of the two businesses October 2, 2001 to February 28, 2002.

The total issue share capital of AMAC Inc at the date of acquisition was 534,871
shares of Common Stock there was no other form of security in issue. The total
issued share capital of Europortal Inc was 9500 shares of Common stock. The
value of the goodwill created in the transaction was based on the Balance Sheet
of AMAC Inc on the acquisition date. B/Fwd deficit less additional paid in
capital net $(31,080).

On October 4 2001 the Company changed its name to Auto Data Network Inc.

<PAGE>

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

None.

                                    PART III

ITEM 9. DIRECTORS AND EXECUTIVE OFFICERS OF THE COMPANY



Name                             Age   Position Held

Christopher Glover                55       CEO
Lee Cole                          41       Director
Lt. General J.W. Morris (ret)     79       Director



All directors hold office until the next annual meeting of stockholders and
until their successors have been duly elected and qualified. There are no
agreements with respect to the election of directors or regarding their position
with the Company.

Christopher R. Glover, the founder of the Company, has served as the Company's
Chief Executive Officer and as the Chairman of the Board of Directors since
2001. Mr. Glover has also served as the Chief Executive Officer and Chairman of
the Board of Directors of ADN (UK) since 2001. Mr. Glover has 27 years
experience in the automotive industry. Prior to joining the Company, Mr. Glover
served as the Managing Director of Coasis Promotions Ltd., a UK marketing
company, which he founded in 1995, the largest client of which was the Ford
Motor Company. Concurrently therewith he founded and was the Managing Director
for Redleaf Vehicle Leasing Ltd., a UK vehicle leasing company. From 1991 to
1995, he served as Sales Director for COS Ltd., a UK marketing and production
services company supplying mainly to publishing, training and motor industries.
From 1989 to 1991, Mr. Glover was the Managing Director and part owner for
County Contract Hire Ltd., a UK vehicle leasing company operating in Britain and
in France. From 1985 to 1989, Mr. Glover served as the Director and the General
Manager for Equity & General Finance (Rentals) Ltd., a UK company specializing
in truck and car rental and leasing ("EGF"). Prior to joining EGF, in 1985, he
served as the Finance and Leasing Manager for Hughes of Beaconsfield, a UK
Mercedes outlet company. From 1984 to 1985, Mr. Glover acted as the Deputy Chief
Executive of Sales and Marketing for Securiplan, a UK static guarding, mobile
control and courier service. From 1979 to 1984, Mr. Glover worked for Highway
Vehicle Leasing Ltd. in the UK, and from 1977 to 1979, he co-founded and was
responsible for all sales and marketing for The Car Leasing Company. Prior to
joining The Car Leasing Company in 1977, Mr. Glover was the licensee of a public
house. Mr. Glover has a B.Sc., with honors, in Sociology and Management
Psychology from Warwick University.
Lee Cole has been a director of the Company since 2001. Mr. Cole has been a
director of DBP Holdings Ltd. ("DBP"), our largest shareholder, since 1999. DBP
currently has investments in fourteen European software and related service
companies. From 1995 to 1999, Mr. Cole served as the Managing Director of TEC
Capital Group, a venture capital firm.

Lt. General Morris, Chairman, retired in 1980 after serving as Chief of the US
Army Corp. of Engineers (USACE) for nearly five years. He has had a long
distinguished career in the US army which began with his Westpoint academic
career at the outset of World War II. He has also worked directly with three US
Presidents, Nixon, Ford and Carter. He is a Fellow of the Society of Military
Engineers, and a Governor of Westpoint Military Academy. He is a director of
numerous corporations, American and European. He has excellent contacts in
Washington DC and throughout the U.S. from his distinguished career in the
Military and as a member of the National Academy of Engineering. He also was
chair at the University of Maryland graduate course in Engineering Management.

To the knowledge of management, during the past five years, no present or former
director or executive officer of the Company: (1) filed a petition under the
federal bankruptcy laws or any state insolvency law, nor had a receiver, fiscal
agent or similar officer appointed by a court for the business or present of
such a person, or any partnership in which he was a general partner at or within
two yeas before the time of such filing, or any corporation or business
association of which he was an executive officer within two years before the
time of such filing; (2) was convicted in a criminal proceeding or named subject
of a pending criminal proceeding (excluding traffic violations and other minor
offenses); (3) was the subject of any order, judgment or decree, not
subsequently reversed, suspended or vacated, of any court of competent
jurisdiction, permanently or temporarily enjoining him from or otherwise
limiting the following activities: (i) acting as a futures commission merchant,
introducing broker, commodity trading advisor, commodity pool operator, floor
broker, leverage transaction merchant, associated person of any of the
foregoing, or as an investment advisor, underwriter, broker or dealer in
securities, or as an affiliated person, director of any investment company, or
engaging in or continuing any conduct or practice in connection with such
activity; (ii) engaging in any type of business practice; (iii) engaging in any
activity in connection with the purchase or sale of any security or commodity or
in connection with any violation of federal or state securities laws or federal
commodity laws; (4) was the subject of any order, judgment or decree, not
subsequently reversed, suspended or vacated, of any federal or state authority
barring, suspending or otherwise limiting for more than 60 days the right of
such person to engage in any activity described above under this Item, or to be
associated with persons engaged in any such activity; (5) was found by a court
of competent jurisdiction in a civil action or by the Securities and Exchange

<PAGE>

Commission to have violated any federal or state securities law and the judgment
in subsequently reversed, suspended or vacate; (6) was found by a court of
competent jurisdiction in a civil action or by the Commodity Futures Trading
Commission to have violated any federal commodities law, and the judgment in
such civil action or finding by the Commodity Futures Trading Commission has not
been subsequently reversed, suspended or vacated.

ITEM 10. EXECUTIVE COMPENSATION

SUMMARY

The Company has not had a bonus, profit sharing, or deferred compensation plan
for the benefit of its employees, officers or directors.

COMPENSATION TABLE: Christopher Glover received 39,000 shares of restricted
stock as executive compensation during the last fiscal year.

CASH COMPENSATION None; no form of compensation was paid to any officer or
director at any time during the last two fiscal years.

BONUSES AND DEFERRED COMPENSATION: NONE

COMPENSATION PURSUANT TO PLANS: NONE

PENSION TABLE: NONE

OTHER COMPENSATION: NONE

COMPENSATION OF DIRECTORS: NONE
TERMINATION OF EMPLOYMENT AND CHANGE OF CONTROL ARRANGEMENT: There are no
compensatory plans or arrangements of any kind, including payments to be
received from the Company, with respect to any person which would in any way
result in payments to any such person because of his or her resignation,
retirement, or other termination of such person's employment with the Company or
its subsidiaries, or any change in control of the Company, or a change in the
person's responsibilities following a change in control of the Company.
ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT

The following table sets forth the information, to the best knowledge of the
Company as of February 28, 2002, with respect to each person known by the
Company to own beneficially more than 5% of the Company's outstanding common
stock, each director of the Company and all directors and officers of the
Company as a group.



Name and Address of      Amount and Nature of        Percent
Beneficial Owner         Beneficial Ownership        of Class
----------------         --------------------        --------

DBP Holdings Ltd.2        5,453,456                   47.57%

Christopher R. Glover3    1,517,973                   13.24%


All Executive Officers    1,517,973                   13.24%
and directors as a
group (7 persons)



The Company has been advised that the persons listed above have sole voting,
investment, and dispositive power over the shares indicated above. Percent of
Class (third column above) is based on 11,462,078 shares of common stock
outstanding on February 28, 2002.

ITEM 12. CERTAIN RELATIONSHIP AND RELATED TRANSACTIONS

To the best of Management's knowledge, during the fiscal year ended February 28,
2002 there were no material transactions, or series of similar transactions,
except as attached, since the beginning the Company's last fiscal year, or any
currently proposed transactions, or series of similar transactions, to which the
Company was or is to be a party, in which the amount involved exceeds $60,000,
and in which any director or executive officer, or any security holder who is
known by the Company's common stock, or any member of the immediate family of
any of the foregoing persons, has an interest.

<PAGE>

CERTAIN BUSINESS RELATIONSHIPS:

During the fiscal year ended February 28, 2002, there were no material
transactions between the Company and its management.

INDEBTEDNESS OF MANAGEMENT:
To the best of Management's knowledge, during the fiscal years ended February
28, 2002, there were no material transactions, or series of similar
transactions, since the beginning of the Company's last fiscal year, or any
currently proposed transactions, or series of similar transactions, to which the
Company was or is to be a party, in which the amount involved exceeds $60,000,
and in which any director or executive officer, or any security holder who is
known by the Company to own of record or beneficially more than 5% of any class
of the company's common stock, or any member of the immediate family of any of
the foregoing persons, has an interest.

TRANSACTIONS WITH PROMOTERS:
To the best Knowledge of management, no such transactions exist.

ITEM 13. FINANCIAL STATEMENTS, EXHIBITS AND REPORTS ON FORM 8-K

(A) FINANCIAL STATEMENTS
The Following financial statements are filed as part of this registration
statement:

Balance Sheet
Statement of Loss
Statement of Cash Flows
Statement of Shareholders' Equity (Deficit) Selected Financial Data

(B) EXHIBITS AND INDEX OF EXHIBITS
The following exhibits are included in this filing. Other exhibits have been
omitted since the required information is not applicable to the registrant.

E-Com Multi Accounts including notes auditors letter and equity statement.
County Services and Products Limited accounts for September 30, 2001, September
30, 2000 and period from September 30. 2001 to February 28, 2002

EXHIBIT

3 Certificate of incorporation and by-laws

27 Financial Data Schedule

(C) REPORTS ON FORM 8-K

     i.   The Company filed a Form 8-K on February 28, 2002 which disclosed a
          change in the fiscal year of the company from April 30 to February 28.
          An amendment was filed on August 8, 2003. This filing is incorporated
          by reference.




E-COM MULTI (UK) LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 JUNE 2001




<PAGE>




E-COM MULTI (UK) LIMITED
FINANCIALS STATEMENTS
For the period ended 30 June 2001

Company registration number:                       03954458

Registered office:                                 PO Box 1
                                                   Carnaby Industrial Estate
                                                   Lancaster Road
                                                   Carnaby
                                                   Bridlington
                                                   YO15 3QY

Directors:                                         N E Ellis
                                                   A Brand
                                                   M Kimberley
                                                   C W MacKinnon

Secretary:                                         M Dhinsa

Bankers:                                           Yorkshire Bank plc
                                                   7-11 High Street
                                                   Coventry
                                                   CV1 5SB

Solicitors:                                        Lupton Fawcett
                                                   Yorkshire House
                                                   Greek Street
                                                   Leeds
                                                   LS1 5SX

Auditors:                                          Grant Thornton
                                                   Registered Auditors
                                                   Chartered Accountants
                                                   St Johns Centre
                                                   110 Albion Street
                                                   Leeds
                                                   LS2 8LA


<PAGE>



E-COM MULTI (UK) LIMITED
FINANCIALS STATEMENTS
For the period ended 30 June 2001

INDEX                                                      PAGE

Report of the directors                                    1-2

Report of the auditors                                     3

Principal accounting policies                              4

Profit and loss account                                    5

Balance sheet                                              6

Notes to the financial statements                          7-10



<PAGE>



E-COM MULTI (UK) LIMITED
REPORT OF THE DIRECTORS

The directors present their report together with the audited financial
statements for the fifteen month period ended 30 June 2001.

Principal activity

The company was incorporated as Lupfaw 22 Limited on 23 March 2000, changed its
name to E-Com Multi Limited on 11 April 2000 and changed its name to E-Com Multi
(UK) Limited on 3 November 2000.

The company's principal activity is the conduct of electronic motor auctions and
distribution of automotive software. The company commenced trading in August
2000.

Business review

There was a loss for the period after taxation amounting (pound)547,511. The
directors do not recommend payment of a dividend leaving (pound)547,511 to be
deducted from reserves.

Directors

The present membership of the Board is set out below.

N E Ellis (appointed 1 August 2000)
A Brand (appointed 1 November 2000)
M Kimberley (appointed 1 March 2001)
C W MacKinnon (appointed 1 March 2001)

R P Foster was appointed a director on incorporation and resigned on 1 August
2000.

None of the directors had, during or at the end of the period, any interests in
the share capital of the company.

Directors' responsibilities for the financial statements

Company law requires the directors to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the
company and of the profit or loss of the company for that period. In preparing
those financial statements, the directors are required to:

-        select suitable accounting policies and apply them consistently
-        make judgements and estimates that are reasonable and prudent
-        prepare the financial statements on the going concern basis unless it
         is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping proper accounting records, for
safeguarding the assets of the company and for taking reasonable steps for the
prevention and detection of fraud and other irregularities.


<PAGE>



E-COM MULTI (UK) LIMITED
REPORT OF THE DIRECTORS

Auditors

Grant Thornton were appointed as auditors on 9 April 2001. Special notice
pursuant to section 388(3) having been given, a resolution to reappoint Grant
Thornton will be proposed at the Annual General Meeting.

BY ORDER OF THE BOARD



M Dhinsa
Secretary
30 August 2001



<PAGE>



REPORT OF THE AUDITORS TO THE MEMBERS OF
E-COM MULTI (UK) LIMITED

We have audited the financial statements on pages 4 to 10 which have been
prepared under the accounting policies set out on page 4.

Respective responsibilities of the directors and auditors

As described on page 1 the company's directors are responsible for the
preparation of the financial statements in accordance with applicable United
Kingdom law and accounting standards. It is out responsibility to form an
independent opinion, based on our audit, on those statements and to report our
opinion to you.

Basis of opinion

We conducted our audit in accordance with United Kingdom Auditing Standards
issued by the Auditing Practices Board. An audit includes examination, on a test
basis, of evidence relevant to the amounts and disclosures in the financial
statements. It also includes and assessment of the significant estimates and
judgements made by the directors in the preparation of the financial statements,
and of whether the accounting policies are appropriate to the company's
circumstances, consistently applied and adequately disclosed.

We planned and performed our audit so as to obtain all the information and
explanations which we considered necessary in order to provide us with
sufficient evidence to give reasonable assurance that the financial statements
are free from material misstatement, whether caused by fraud or other
irregularity or error. In forming our opinion we also evaluated the overall
adequacy of the presentation of information in the financial statements.

Opinion

In our opinion the financial statements give a true and fair view of the state
of the company's affairs at 30 June 2001 and of its loss for the period from
incorporation on 23 March 2000 to that date and have been properly prepared in
accordance with the Companies Act 1985.

GRANT THORNTON
REGISTERED AUDITORS
CHARTERED ACCOUNTANTS

LEEDS
3 September 2001


<PAGE>



E-COM MULTI (UK) LIMITED
PRINCIPLE ACCOUNTING POLICIES

BASIS OF PREPARATION

The financial statements have been prepared under the historical cost
convention.

The principal accounting policies of the company are set out below.

TURNOVER

Turnover is the total commissions receivable by the company on goods supplied
and services provided, excluding VAT and trade discounts.

TANGIBLE FIXED ASSETS AND DEPRECIATION

Depreciation is calculated to write down the cost less estimated residual value
of all tangible fixed assets by equal annual instalments over their expected
useful lives. The periods generally applicable are:

Computer equipment                                   4 years

DEFERRED TAXATION

Deferred tax is provided for using the tax rates estimated to arise when the
timing differences reverse and is accounted for to the extent that it is
probable that a liability or asset will crytallise. Unprovided deferred tax is
disclosed as a contingent liability.

CONTRIBUTIONS TO PENSION SCHEMES

Defined contribution scheme

The pension costs charged against profits represent the amount of the
contributions payable to the scheme in respect of the accounting period.



<PAGE>



E-COM MULTI (UK) LIMITED
PROFIT AND LOSS ACCOUNT
For the period ended 30 June 2001

<TABLE>
<CAPTION>
------------------------------------------------------------------ ------------- ------------------------
                                                                   Note          Period 23 Mar 2000 to
                                                                                 20 Jun 2001
                                                                           (pound)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
<S>                                                                <C>           <C>
Turnover - continuing operations                                   1             16,118
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Cost of sales                                                                    (21,459)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Gross loss                                                                       (5,341)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Administrative expenses                                                          (542,098)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Operating loss - continuing operations                                           (547,439)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Net interest                                                       2             (72)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Loss on ordinary activities before taxation                        1             (547,511)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Tax on loss on ordinary activities                                 4             -
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
Loss for the period                                                9             (547,511)
------------------------------------------------------------------ ------------- ------------------------
------------------------------------------------------------------ ------------- ------------------------
</TABLE>

There were no recognised gains or losses other than the loss for the financial
period.



The accompanying accounting policies and notes form an integral part of these
financial statements.



<PAGE>



E-COM MULTI (UK) LIMITED
BALANCE SHEET AT 30 JUNE 2001

<TABLE>
<CAPTION>
---------------------------------------------------------- ------------------ ---------------------------
                                                           Note         (pound)
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
<S>                                                        <C>                <C>
Fixed assets
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Tangible assets                                            5                  20,271
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------

---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Current assets
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Debtors                                                    6                  33,420
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------

---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Creditors: amounts falling due within one year             7                  (601,200)
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------

---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Net current liabilities                                                       (567,780)
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------

---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Net liabilities                                                               (547,509)
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------

---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Capital and reserves
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Called up share capital                                    8                  2
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Profit and loss account                                    9                  (547,511)
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------
Shareholders' funds                                        10                 (547,509)
                                                                              ---------
---------------------------------------------------------- ------------------ ---------------------------
---------------------------------------------------------- ------------------ ---------------------------

---------------------------------------------------------- ------------------ ---------------------------
</TABLE>

The financial statements were approved by the Board of Directors on 30 August

N E Ellis                                   Director


The accompanying accounting policies and notes form an integral part of these
financial statements.



<PAGE>



E-COM MULTI (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the period ended 30 June 2001

1. TURNOVER AND LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION

All the turnover of the company arises from its principal activity as set out in
the directors' report on page 1.

The loss on ordinary activities before taxation is stated after:

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------ --------------------
                                                                                     (pound)
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
<S>                                                                                  <C>
Auditors' remuneration                                                               4,500
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Depreciation:
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Tangible fixed asset owned                                                           2,057
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
2. NET INTEREST
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Other interest payable                                                               72
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
3. DIRECTORS AND EMPLOYEES
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Staff costs during the period were as follows:
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Wages and salaries                                                                   240,594
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Social security costs                                                                26,370
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Other pension costs                                                                  20,950
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
                                                                                     287,914
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
The average number of employees of the company during the period was 5.
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Remuneration in respect of directors was as follows:
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------

------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Emoluments                                                                           194,531
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
Contributions to money purchase pension schemes                                      20,950
------------------------------------------------------------------------------------ --------------------
------------------------------------------------------------------------------------ --------------------
                                                                                     215,481
------------------------------------------------------------------------------------ --------------------
</TABLE>

During the period 2 directors participated in money purchase pension schemes.



<PAGE>



E-COM MULTI (UK) LIMITED
NOTE TO THE FINANCIAL STATEMENTS
For the period ended 30 June 2001

                      DIRECTORS AND EMPLOYEES (CONTINUED)

The amounts set out above include remuneration in respect of the highest paid
director as follows:

                                                                       (pound)

Emoluments                                                             145,428
Contributions to money purchase pension schemes                         13,750
                                                                       159,178

4. TAX ON LOSS ON ORDINARY ACTIVITIES

No liability to taxation arises in respect of these financial statements.

TANGIBLE FIXED ASSETS

                                                             Computer equipment
                                                                 (pound)

Cost
Additions                                                     22,328
At 30 June 2001                                               22,328
                                                              ------

Depreciation
Provided in the period                                         2,057
At 30 June 2001                                                2,057
                                                              -----

Net book amount at 30 June 2001                               20,271
                                                              ------

6. DEBTORS

                                                              (pound)
Trade debtors                                                  8,060
Other debtors                                                 20,170
Prepayments and accrued income                                 5,190
                                                              33,420



<PAGE>



E-COM MULTI (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the period ended 30 June 2001

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

                                                              (pound)

Bank overdraft                                                18,687
Trade creditors                                                6,843
Other taxes and social security                               14,575
Amounts owed to parent undertaking                            468,013
Accruals and deferred income                                  93,082
                                                             601,200

8. SHARE CAPITAL

                                                                 (pound)

Authorised:
100 ordinary shares of(pound)1 each                                100

Allotted, called up and full paid:
2 ordinary shares of(pound)1 each                                  2

On 23 March 2000 two ordinary shares of (pound)1 each were issued at par for
cash on the incorporation of the company.

9. RESERVES

                                                  Profit and loss account(pound)

Loss for the period                                           (547,511)
At 30 June 2001                                               (547,511)
                                                              ---------

10. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

                                                                       (pound)

Issue of shares                                                      2
Loss for the financial period                                 (547,511)
Shareholders' funds at 30 June 2001                           (547,509)
                                                              ---------



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E-COM MULTI (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the period ended 30 June 2001

11. CAPITAL COMMITMENTS

There were no capital commitments at 30 June 2001.

12. CONTINGENT LIABILITIES

There were no contingent liabilities at 30 June 2001.

12. PENSIONS

Defined Contribution Scheme

The company operates a defined contribution pension scheme for the benefit of
directors. The assets of the scheme are administered by trustees in a fund
independent from those of the company.

14. CONTROLLING RELATED PARTY AND ULTIMATE PARENT UNDERTAKING

E-Com Multi Limited, incorporated in Australia, is the company's controlling
related party and ultimate parent undertaking by virtue of its 100% interest in
the issued share capital of the company.

The only group undertakings for which group accounts have been drawn up
including the company is that headed by E-Com Multi Limited. Copies of the group
accounts of E-Com Multi Limited are available from 23 Pearson Way, Osborne Park,
Western Australia, 6017.

15. TRANSACTIONS WITH DIRECTORS AND OTHER RELATED PARTIES

As a wholly owned subsidiary of E-Com Multi Limited, the company is exempt from
the requirements of FRS8 to disclose transactions with other members of the
group headed by E-Com Multi Limited.

During the period, a loan of (pound)5,000 was made to Mr. A Brand, a director of
the company. At 30 June 2001, (pound)5,000 was outstanding and included in other
debtors.




SIGNATURES

In accordance with the requirements of the Exchange Act, the Registrant caused
this report to be signed on its behalf of the Registrant and in the capacities
and on the dates indicated:

AUTO DATA NETWORK, INC.





/s/ Christopher Glover
----------------------
Christopher Glover
President





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                                  END OF FILING