UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934

For the fiscal year ended December 31, 2001

|_|  TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR 15 (d)  OF THE  SECURITIES
EXCHANGE ACT OF 1934

For the transition period from ____________ to ____________ .

                         Commission File Number: 0-29935

                             20/20 WEB DESIGN, INC.
                 (Name of Small Business Issuer in its charter)

         Nevada                                           33-0677140
         ------                                           ----------
(State or other jurisdiction of                           (IRS Employer
 incorporation or organization)                           Identification Number)

             21800 Oxnard Street Suite 440, Woodland Hills CA 91367
             ------------------------------------------------------
              (Address of principal executive offices) (Zip Code)

Issuer's telephone number:  (818) 598-6780
                          ------------------

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

Name of each exchange on which registered: None.

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

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

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

State Issuer's Revenues for its most recent fiscal year: $0

The number of shares outstanding of the Company's $.001 Par Value Common Stock,
as of December 31, 2001 were 43,099,148. The aggregate number of shares of the
voting stock held by non-affiliates on April 7, 2002 was 8,619,148. The market
value of these shares, computed by reference to the market closing price on
April 2, 2002 was $2,327,170. For the purposes of the foregoing calculation
only, all directors and executive officers of the registrant have been deemed
affiliates.

                   DOCUMENTS INCORPORATED BY REFERENCE: None.


                                        1

<PAGE>

PART I

ITEM 1. BUSINESS

A) General

20/20 Web Design, Inc. (the "Company") was incorporated on August 31, 1995 as
"Visioneering Corporation" under the laws of the State of Nevada, to engage in
any lawful corporate undertaking, including, but not limited to, selected
mergers and acquisitions. The Company subsequently changed its name to
"Asiamerica Energy Group, Inc." on January 12, 1996 when it entered into an
agreement to acquire an oil and gas company. No stock was issued and no assets
were acquired as this acquisition was not consummated.

The Company then changed its name to "Care Financial Group, Inc." on April 29,
1996. At that time, the Company had agreed to form a wholly owned subsidiary,
Care Concepts, Inc., a Nevada corporation ("Care Concepts"). The Company issued
3,700,000 shares of its common stock to Care Concepts which shares were valued
at $25,000. Care Concepts was in the business of designing and building
specialized motor vehicles for physically handicapped drivers and passengers.
Ultimately, this acquisition did not succeed and the Company paid Care Concepts
$80,000 to terminate the agreement between Care Concepts and the Company while
the shareholders of Care Concepts retained their shares of the Company's common
stock. The Company subsequently approved a 250-to-1 reverse stock split after
this transaction was terminated.

On May 15, 1997, the Company changed its name to "Trump Oil Corporation"
("Trump"). Trump proposed to merge with Fenway Resources Ltd., a Canadian
company involved in natural resource development which wanted to develop and
construct a cement manufacturing facility in the Philippines. This proposed
merger was never consummated and no shares were issued pursuant to this
agreement.

None of the proposed business activities for which the Company's name was
changed produced any revenues or created any appreciable business activities for
the Company. On March 10, 1999, the Company entered into a letter of intent with
20/20 Web Design, Inc. ("20/20 Web"), a Colorado corporation, a wholly owned
subsidiary of Multi-Source Capital, Ltd. ("MSC"), also a Colorado corporation.
The Company entered into an Agreement and Plan of Reorganization and completed
its acquisition of 20/20 Web, with the Company changing its name as a result. As
a result of the merger, MSC became the owner of 80% of the issued and
outstanding shares of the Company. The Company recorded the 8,620,000 shares of
stock issued to MSC at par value for a total of $8,620. MSC was later acquired
by TeleMall Communications, Inc. ("TeleMall"), a publicly traded company which
subsequently changed its name to Crown Partners, Inc. ("Crown").

In 1999, the Company continued the business of the Colorado corporation it
acquired and continued to design and maintain web sites for small, private
companies. The Company's clients included a jewelry store, a gift basket company
and certain other small companies. The revenues received from these operations
were minimal.

In December, 1999, the Company formed a wholly owned subsidiary, Stein's Cake
Box ("Cake Box"), a Nevada corporation. The Company entered into a letter of
intent


                                        2

<PAGE>

with a bakery operation in Lewisville, Texas controlled by the Company's
president, Randy Sutton. The Company lent $195,000 to Cake Box in connection
with the letter of intent. Cake Box used the $195,000 to pay some of the
construction costs of a proposed bakery operation estimated to ultimately cost a
total of $750,000. The proposed construction project was to expand an existing
bakery operation located at the same location, College Connection, Inc. dba
Stein's Bakery (the "Bakery"), also run by Mr. Sutton. In late February, 2000,
the Company and the Bakery mutually agreed to cancel their letter of intent
concerning Cake Box, although the Bakery remains liable to repay the $195,000 it
acquired from Cake Box. However, the Company has written off this debt although
it still continues its efforts to collect this sum. On February 29, 2000, the
Company's President, CEO and director, Randy Sutton, resigned as an officer and
director of both the Company and Stein's. On October 13, 2000, the Bakery filed
for protection from its creditors under Chapter 11 of the United States
Bankruptcy Code. It appears unlikely that the Company will be repaid the loan.
The Chapter 11 filed was subsequently converted to a Chapter 7 and the Bakery
has ceased operations.

In February 2001, the Company entered into a letter of intent with
BentleyTel.com, Inc. ("BentleyTel"), a Nevada corporation, to acquire BentleyTel
in a statutory merger. The terms of the proposed acquisition require, among
other things, that the Company to increase its authorized capital from twenty
five million shares of common stock to one hundred million shares, approve a
forward-split of one-for-four and change its name to "BentleyTel, Inc." The
transaction was not completed and the Company changed its name back to 20/20 Web
Design, Inc.

The Company is presently inactive and seeking suitable acquisition candidates.
The Company can be defined as a shell company whose sole purpose at this time is
to locate and consummate a merger or acquisition with a private entity.

The Company's office is located at 21800 Oxnard Street, Suite 440, Woodland
Hills, California 91367.

As of December 31, 2001, the Company had no employees.

Item 2. Properties.

The Company presently shares office space with a related entity and its
attorney. The Company's portion of the monthly rent is approximately $1,500 and
the lease expires in November, 2002. The Company anticipates that this space is
sufficient for the near future.

Item 3. Legal Proceedings.

None.

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

None.

Item 5. Market for Registrant's Common Equity and Related Shareholder Matters.


                                        3
<PAGE>

The Company's common stock is currently traded on the OTC Electronic Bulletin
Board in the United States, having the trading symbol "TWBD" and CUSIP #90136K-
103. The common stock commenced trading in April, 1997 and is traded on the OTC
Electronic Bulletin Board. As of December 31, 2001, the Company had 43,099,148
shares of its common stock issued and outstanding, of which 8,619,148 were held
by non-affiliates.

      The following table reflects the high and low quarterly bid prices for the
fiscal year ended December 31, 2001.

---------------------------------------------------------
Period                High Bid           Low Bid
---------------------------------------------------------

1st Qtr 2001          .25                1.75
---------------------------------------------------------

2nd Qtr 2001          .375               1.75
---------------------------------------------------------

3rd Qtr 2001          .10                1.00
---------------------------------------------------------

4th Qtr 2001          .01                .625
---------------------------------------------------------

The NASD and the Internet provided the above information to the Company. These
quotations may reflect inter-dealer prices without retail mark-up/mark-
down/commission and may not reflect actual transactions. In addition, in March,
2001, the Company approved a four-for-one stock split as part of its proposed
acquisition of BentleyTel.com, Inc. The prices for the second quarter of 2001
and subsequent quarters are the high and low bid prices post-split.

As of December 31, 2001, the Company estimates there are 60 "holders of record"
of its common stock and estimates that there are approximately 100 beneficial
shareholders of its common stock. The Company has authorized 100,000,000 shares
of common stock, par value $.001.

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

FORWARD-LOOKING STATEMENTS MAY NOT PROVE ACCURATE

When used in this Form 10-KSB, the words "anticipated", "estimate", "expect",
and similar expressions are intended to identify forward-looking statements.
Such statements are subject to certain risks, uncertainties and assumptions
including the possibility that the Company's will fail to generate projected
revenues. Should one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, estimated or projected.

LIQUIDITY AND CAPITAL RESOURCES

Since inception, the Company has experienced no significant change in liquidity
or capital resources or stockholders' equity other than receipts of proceeds
from offerings of its capital stock. The Company received $230,000 from an
offering conducted under Rule 504 of Regulation D in 1999. The Company also
raised $158,354 from the issuance of 7,200,000 shares of the Company's common
stock prior to 1997. In 1997, the Company raised an additional $345,000 from the
sale of its common stock. The Company's balance sheet as of December 31, 2001
reflects no assets but significant liabilities. Further, there exists no


                                        4

<PAGE>

agreements or understandings with regard to loan agreements by or with the
Officers, Directors, principals, affiliates or shareholders of the Company.

At December 31, 2001, the Company had negative working capital of approximately
($102,000) which consisted of no assets and current liabilities of $101,526. At
December 31, 1999, the Company had current assets of approximately $60 which
consisting of cash. At December 31, 2000, the Company had current liabilities of
approximately $40,000, resulting in negative working capital of approximately
($40,000). The current liabilities of the Company at December 31, 2001 are
composed primarily of accounts payable for legal and accounting expenses and
monies due to its principal shareholder, Crown, as reimbursement for expenses
paid on its behalf by Crown.

The Company will attempt to carry out its plan of business as discussed above.
The Company cannot predict to what extent its lack of liquidity and capital
resources will hinder its business plan prior to the consummation of a business
combination.

RESULTS OF OPERATIONS

During the period from August 31, 1995 (inception) through December 31, 2001,
the Company engaged in limited operations and attempted to commence operations
in a number of different fields, none of which was ultimately successful or
resulted in any appreciable revenues for the Company. The Company had no revenue
or income during the period ended December 31, 2001 and recorded a net loss of
($61,738) for this period. For the year ended December 31, 2000, the Company had
no revenue or income and recorded a net loss of ($234,531) resulting from
general and administrative expenses. The net loss per share was nil and ($.01),
respectively, for the years ended December 31, 2001 and 2000.

For the year ended December 31, 2001, the Company had no assets and current
liabilities of approximately $102,000. For the year ended December 31, 2000, the
Company had total assets of approximately $60 and current liabilities of
approximately $40,000. Shareholders' deficit for the year ended December 31,
2001 was approximately ($102,000) compared to shareholders' deficit of
approximately ($40,000) at December 31, 2000. The difference between the year
end figures from 2000 to 2001 is primarily attributable to the increased costs
incurred by the Company in complying with its SEC reporting obligations.

The Company anticipates that until a business combination is completed with an
acquisition candidate, it will not generate revenues and may operate at a loss
after completing a business combination, depending upon the performance of the
acquired business.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The following discussion of the financial condition, changes in financial
condition and results of operations of the Company for the fiscal years ended
December 31, 2001 and December 31, 2000 should be read in conjunction with the
financial statements of the Company and related notes included therein.

The Company was incorporated on August 31, 1995 as Visioneering Corporation. On
January 12, 1996, the Company amended its Articles of Incorporation to change
its


                                        5

<PAGE>

name to Asiamerica Energy Corporation, to Care Financial Corporation in April
29, 1996 and to Trump Oil Corporation on May 15, 1997. In March, 1999, the
Company entered into a letter of intent to acquire 20/20 Web Design, Inc., a
Colorado corporation wholly owned by Crown Partners, Inc. fka Stein's Holdings,
Inc. fka Multi-Source Capital, Ltd. As part of that transaction, the Company
issued 8,620,000 shares of its common stock to Crown with the result that Crown
owns 80% of the issued and outstanding shares of the Company. The Company also
approved a ten-for-one reverse stock split as part of that transaction.

Since the agreements described above, the Company has financed its activities
through the distribution of equity capital, including private placements of its
common stock resulting in the Company raising capital of $749,494 from 1995 to
the present. The Company used the proceeds from these offerings to fund its
proposed operations, to pay salaries, to pay general and administrative expenses
and any necessary expenses.

In February, 2001, the Company entered into a letter of intent to acquire
BentleyTel.com, Inc., a Nevada corporation. As part of the merger agreement, the
Company increased its authorized capital from 25,000,000 shares of common stock
to 100,000,000 shares of common stock, approved a forward split of one-for-four
and changed its name to "BentleyTel, Inc." The merger was not completed and the
Company changed its name back to "20/20 Web Design, Inc.

The Company will attempt to carry out its business plan as discussed above. The
Company cannot predict to what extent its lack of liquidity and capital
resources will hinder its business plan prior to the consummation of a business
combination.

NEED FOR ADDITIONAL FINANCING

The Company has no existing capital with which to meet the Company's cash needs,
including the costs of compliance with the continuing reporting requirements of
the Securities Exchange Act of 1934, as amended. Once a business combination is
completed, the Company's needs for additional financing are likely to increase
substantially. It is anticipated that Crown will likely advance any funds
necessary to insure that the Company is able to meet its reporting obligations
under the 1934 Act and that these loans will be repaid either when the Company
merges or acquires a business. However, Crown has not agreed in writing to
provide these funds and can only provide these funds to the extent that it has
available funds to loan to the Company.

No commitments to provide additional funds have been made by management or other
stockholders. Accordingly, there can be no assurance that any funds will be
available to the Company to allow it to cover its expenses.

The Company might seek to compensate providers of services by issuances of stock
in lieu of cash.

The Company is presently inactive and since inception has experienced no
significant change in liquidity or capital resources or stockholders' equity
other than the receipt of proceeds from offerings conducted under Rule 504 of
Regulation D. The Company's balance sheet as of December 31, 2001 reflects no
assets and significant liabilities. Further, there exists no agreements or


                                        6

<PAGE>

understandings with regard to loan agreements by or with the Officers,
Directors, principals, affiliates or shareholders of the Company.

Effect of Inflation

Inflation did not have any significant effect on the operations of the Company
during the year ended December 31, 2001. Further, inflation is not expected to
have any significant effect on future operations of the Company.

Item 7. Financial Statements.

Financial statements are audited and included herein beginning on Exhibit 1,
page 1 and are incorporated herein by this reference.

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

There were no disagreements with accountants on accounting and financial
disclosure during the relevant period. In February, 2002, the Company changed
auditors, for which a Form 8-K was filed.

Part III

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

Identification of Directors and Executive Officers of the Company

The following table sets forth the names and ages of all directors and executive
officers of the Company and all persons nominated or chosen to become a
director, indicating all positions and offices with the Company held by each
such person and the period during which he has served as a director:

The principal executive officers and directors of the Company are as follows:

Name                        Age         Positions Held and Tenure
-----------------------------------------------------------------

Charles Smith               51          CEO, CFO and Director since May 15, 2000

Mehrdad Alborz              30          Director since April, 2002

Vincent Hussain             63          Director since April, 2002

The Directors named above will serve until the next annual meeting of the
Company's stockholders. Thereafter, Directors will be elected for one-year terms
at the annual stockholders' meeting. Officers will hold their positions at the
pleasure of the Board of Directors, absent any employment agreement, of which
none currently exist or is contemplated. There is no arrangement or
understanding between the Directors and Officers of the Company and any other
person pursuant to which any Director or Officer was or is to be selected as a
Director or Officer of the Company.

There is no family relationship between or among any Officer and Director.


                                        7

<PAGE>

The Directors and Officers of the Company will devote their time to the
Company's affairs on an "as needed" basis. As a result, the actual amount of
time which each will devote to the Company's affairs is unknown and is likely to
vary substantially from month to month.

The Company has no audit or compensation committee.

Business Experience. The following is a brief account of the business experience
during at the least the last five years of the directors and executive officers,
indicating their principal occupations and employment during that period, and
the names and principal businesses of the organizations in which such
occupations and employment were carried out.

CHARLES SMITH. Mr. Smith graduated from Boston University, Boston, Massachusetts
in 1979 and since that time has been a Certified Public Accountant involved in
all phases of business, including the audit of companies and tax matters. He is
a consultant to various companies ranging from an art distribution company to a
junior resource company which is developing a gold property in Sinaloa State,
Mexico. Mr. Smith has significant experience in accounting and securities
matters.

Mr. Smith's business affiliations during the last five years are as follow:

Chairman - Dynacap Group,  Ltd. - a consulting and management firm - 1992 to the
present.

Sole proprietor as a Certified Public Accountant - 1983 to the present. Sole
officer and Director - MC Cambridge, Inc. - a financial consulting firm - 1997
to present.

Sole officer and director - Asset Servicing Corporation - a leasing company -
1998 to present.

Chief Financial Officer and Director - Electrical Generation Technology
Corporation - April 2000 to present.

Mr. Smith is a director and officer of Crown Partners, Inc., the majority
shareholder of the Company and a publicly traded company traded on the OTC
Electronic Bulletin Board under "CRWP."

MEHRDAD ALBORZ. Mr. Alborz has been an attorney in private practice for the last
four years. Prior to being an attorney, Mr. Alborz was chief financial officer
of Ravissant Corporation in Pasadena, California were he increased the company's
revenues from $500,000 to $1,000,000. Mr. Alborz had similar success while
employed at Micro Tree Systems.

Mr. Alborz received his Juris Doctor from West Los Angeles School of Law and his
Bachelor of Science in Computer Science and Automation Engineering, with a minor
in Math, from California State University at Northridge.

Mr.  Alborz is an officer and  director of Crown  Partners,  Inc.,  the majority
shareholder  of the Company and a publicly  traded company on the OTC Electronic
Bulletin Board under "CRWP."

VINCENT HUSSAIN. Mr. Hussain retired from Hallmark-Avnet in 1998 after working
there for approximately 40 years. Mr. Hussain is a and director of Crown
Partners, Inc., the majority shareholder of the Company and a publicly traded
company on the OTC Electronic Bulletin Board under "CRWP."


                                        8

<PAGE>

CONFLICTS OF INTEREST

The Officers and Directors of the Company will devote only a small portion of
their time to the affairs of the Company, estimated to be no more than
approximately 5 hours per month. There will be occasions when the time
requirements of the Company's business conflict with the demands of their other
business and investment activities. Such conflicts may require that the Company
attempt to employ additional personnel. There is no assurance that the services
of such persons will be available or that they can be obtained upon terms
favorable to the Company.

There is no procedure in place which would allow the Officers and Directors to
resolve potential conflicts in an arms-length fashion. Accordingly, they will be
required to use their discretion to resolve them in a manner which they consider
appropriate.

The Company's Officers and Directors may actively negotiate or otherwise consent
to the purchase of a portion of their common stock as a condition to, or in
connection with, a proposed merger or acquisition transaction. It is anticipated
that a substantial premium over the initial cost of such shares may be paid by
the purchaser in conjunction with any sale of shares by the Company's Officers
and Directors which is made as a condition to, or in connection with, a proposed
merger or acquisition transaction. The fact that a substantial premium may be
paid to the Company's Officers and Directors to acquire their shares creates a
potential conflict of interest for them in satisfying their fiduciary duties to
the Company and its other shareholders. Even though such a sale could result in
a substantial profit to them, they would be legally required to make the
decision based upon the best interests of the Company and the Company's other
shareholders, rather than their own personal pecuniary benefit.

Identification of Certain Significant Employees. The Company does not employ any
persons who make or are expected to make significant contributions to the
business of the Company.

Item 10. Executive Compensation.

During fiscal 2001, and as of the date of the filing of this report, none of the
Company's officers were paid any compensation by the Company.

Directors are entitled to reimbursement for reasonable travel and other out-of-
pocket expenses incurred in connection with attendance at meeting of the Board
of Directors.

The Company has no material bonus or profit-sharing plans pursuant to which cash
or non-cash compensation is or may be paid to the Company's directors or
executive officers.

The Company has no compensatory plan or arrangements, including payments to be
received from the Company, with respect to any executive officer or director,
where such plan or arrangement would result in any compensation or remuneration
being paid resulting from the resignation, retirement or any other termination
of such executive officer's employment or from a change-in-control of the
Company or a change in such executive officer's responsibilities following a
change-in-control and the amount, including all periodic payments or
installments where the


                                        9

<PAGE>

value of such  compensation  or  remuneration  exceeds  $100,000  per  executive
officer.

During the last completed fiscal year, no funds were set aside or accrued by the
Company to provide pension, retirement or similar benefits for Directors or
Executive Officers.

The Company has no written employment agreements.

Termination of Employment and Change of Control Arrangement. Except as noted
herein, the Company has no compensatory plan or arrangements, including payments
to be received from the Company, with respect to any individual names above from
the latest or next preceding fiscal year, if such plan or arrangement results or
will result from the resignation, retirement or any other termination of such
individual's employment with the Company, or from a change in control of the
Company or a change in the individual's responsibilities following a change in
control.

Section 16(a) Beneficial Ownership Reporting Compliance. During the year ended
December 31, 2001, the following persons were officers, directors and more than
ten-percent shareholders of the Company's common stock:

Name                             Position                         Filed Reports
----                             --------                         -------------

James Smith                      Director                         Yes
Crown Partners, Inc.             Shareholder                      Yes
Charles Smith                    Director, CEO, CFO               No
Christopher Burnell              Director, Secretary              No

Item 11. Security Ownership of Certain Beneficial Owners and Management.

There were 43,099,148 shares of the Company's common stock issued and
outstanding on December 31, 2001. There are no preferred shares authorized. The
following tabulates holdings of shares of the Company by each person who,
subject to the above, at the date of this Report, holds or record or is known by
Management to own beneficially more than five percent (5%) of the Common Shares
of the Company and, in addition, by all directors and officers of the Company
individually and as a group.

Names and Addresses              Number of Shares            Percent of
                                Owned Beneficially     Beneficially Owned Shares

Cede and Co.(1)                     7,358,856                   17.07%
P.O. Box 22
New York NY  10274

Charles Smith (2)                           0                     0.0%
21800 Oxnard Street Ste. 440
Woodland Hills CA  91367

Mehrdad Alborz (2)                          0                     0.0%
21800 Oxnard Street Ste. 440
Woodland Hills CA  91367


                                       10

<PAGE>

Crown Partners, Inc.(3)                 31,780,000               73.74%
21800 Oxnard Street Ste 440
Woodland Hills CA  91367

(1) Cede owns the shares as nominee for the shareholders who have placed their
shares in street name. Cede does not have investment power for the shares nor
voting power of the shares.

(2) Denotes officer or director. All officers and directors are also officers
and directors of Crown Partners, Inc. which is the majority shareholder of the
Company.

(3) The control persons of Crown are the officers and directors of the Company:
Mehrdad Alborz and Charles Smith. These persons have both investment and voting
power for the 31,780,000 shares beneficially owned by Crown.

Changes in Control. There are no arrangements known to the Company, including
any pledge by any person of securities of the Company, the operation of which
may at a subsequent date result in a change of control of the Company.

Item 12. Certain Relationships and Related Transactions.

The Company shares office space with its attorney and with a shareholder of the
Company who has loaned the Company money to fund its operations for the ast
year. The Company's portion of the rent is approximately $1,500 per month and
the lease runs through November, 2002.

Item 13. Exhibits and Reports on Form 8-K.

(a) Financial Statements and Schedules

The following financial statements and schedules are filed as part of this
report:

Independent Auditors' Report dated March 29, 2002
Balance Sheet for December 31, 2001
Statement of Operations for the Years Ended December 31, 2001 and 2000
Statements of Stockholders' Equity
Statements of Cash Flows
Notes to Financial Statements
Independent Auditors' Report dated January 11, 2001
Balance Sheet for December 31, 2000 and 1999
Statement of Operations for the Years Ended December 31, 2000 and 1999
Statements of Stockholders' Equity
Statements of Cash Flows
Notes to Financial Statements

List of Exhibits

The following exhibits are filed with this report.

Financial Statements.

(b) There were no Reports filed on Form 8-K during the fourth quarter of the
Company's fiscal year ended December 31, 2001.


                                       11

<PAGE>

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

April 8, 2002                           20/20 WEB DESIGN, INC.


                                        /s/ Charles Smith
                                        --------------------------------------
                                        Charles Smith, CEO, CFO, Director


April 8, 2002                           /s/ Mehrdad Alborz
                                        --------------------------------------
                                        Mehrdad Alborz, Director


April 8, 2002                           /s/ Vincent Hussain
                                        --------------------------------------
                                        Vincent Hussain, Director


                                       12

<PAGE>

                          INDEPENDENT AUDITORS' REPORT

To the Board of Directors
20/20 Web Design, Inc.
Woodland Hills, California

We have audited the accompanying balance sheet of 20/20 Web Design, Inc. as of
December 31, 2001, and the related statements of operations, stockholders'
equity (deficit), and cash flows for the year 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 auditing standards generally accepted
in the United States. Those standards require that we plan and perform the audit
to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements. An audit
also includes assessing the accounting principles used and significant estimates
made by management, as well as evaluating the overall financial statement
presentation. We believe that our 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 20/20 Web Design, Inc. as of
December 31, 2001, and the results of its operations and its cash flows for the
year then ended, in conformity with accounting principles generally accepted in
the United States.


Malone & Bailey, PLLC
Houston, Texas
www.malone-bailey.com

March 29, 2002

<PAGE>

                          INDEPENDENT AUDITORS' REPORT

To the Board of Directors and Stockholders
20/20 Web Design, Inc. and Subsidiary
Woodland Hills, California

We have audited the accompanying statements of operations, stockholders' equity
(deficit), and cash flows for the year ended December 31, 2000. These financial
statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audit.

We conducted our audit in accordance with auditing standards generally accepted
in the United States. 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 results of 20/20 Web Design's operations and its cash
flows for the year then ended December 31, 2000, in conformity with accounting
principles generally accepted in the United States.


Moffitt & Company, P.C.
Scottsdale, Arizona

January 11, 2001

<PAGE>

                             20/20 WEB DESIGN, INC.
                                  BALANCE SHEET
                                December 31, 2001

                                     ASSETS

Assets                                                       $      --
                                                             =========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Accounts payable                                           $  87,612
  Accounts payable - related party                              13,914
                                                             ---------
    Total current liabilities                                  101,526
                                                             ---------

STOCKHOLDERS' EQUITY (DEFICIT):
  Common stock, $.001 par value, 100,000,000 shares
  authorized, 43,099,148 shares issued and outstanding          43,099
Additional paid in capital                                     706,395
Accumulated deficit                                           (851,020)
                                                             ---------
  Total Stockholders' Equity (Deficit)                        (101,526)
                                                             ---------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)         $      --
                                                             =========

               See accompanying summary of accounting policies and
                         notes to financial statements.

<PAGE>

                             20/20 WEB DESIGN, INC.
                            STATEMENTS OF OPERATIONS
                        For the Years Ended December 31,

                                                        2001           2000
                                                    ------------   ------------
Costs and Expenses:
  General and administrative                        $     61,183         38,874
  Interest expense                                           555             --
                                                    ------------   ------------
                                                          61,738         38,874
                                                    ------------   ------------

Net loss before discontinued operations:                 (61,738)       (38,874)

Discontinued operations:
  Loss on liquidation of investment in Stein's
  Cake Box, Inc.                                              --       (160,747)
  Loss from continuing operations of Stein's Cake
  Box, Inc.                                                   --        (34,910)
                                                    ------------   ------------
                                                              --       (195,657)
                                                    ------------   ------------

                                                    ------------   ------------
Net loss                                            $    (61,738   $   (234,531)
                                                    ============   ============

Net loss per share:
                                                    ------------   ------------
  Net loss basic and diluted                        $      (0.00)  $      (0.01)
                                                    ============   ============

Weighted average shares outstanding:

  Basic and diluted                                   43,099,148     43,099,148
                                                    ============   ============

               See accompanying summary of accounting policies and
                         notes to financial statements.

<PAGE>

                             20/20 WEB DESIGN, INC.
                       STATEMENTS OF STOCKHOLDERS' EQUITY
                      For the Years Ended December 31, 2001

<TABLE>
<CAPTION>
                           Common stock         Additional
                      -----------------------     paid in   Accumulated
                        Shares       Amount       capital     deficit         Total
                      ----------   ----------   ----------  -----------    ----------
<S>                   <C>          <C>          <C>          <C>           <C>
Balance,
  December 31, 1999   43,099,148   $   43,099   $  706,395   $ (554,751)   $  194,743

Net loss                      --           --           --     (234,531)     (234,531)
                      ----------   ----------   ----------   ----------    ----------

Balance,
  December 31, 2000   43,099,148       43,099      706,395     (789,282)      (39,788)

Net loss                      --           --           --      (61,738)      (61,738)
                      ----------   ----------   ----------   ----------    ----------

Balance,
  December 31, 2001   43,099,148   $   43,099   $  706,395   $ (851,020)   $ (101,526)
                      ==========   ==========   ==========   ==========    ==========
</TABLE>

               See accompanying summary of accounting policies and
                         notes to financial statements.

<PAGE>

                             20/20 WEB DESIGN, INC.
                            STATEMENTS OF CASH FLOWS
                        For the Years Ended December 31,

                                                      2001         2000
                                                    ---------    ---------
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                            $ (61,738)   $(234,531)
Adjustments to reconcile net deficit to cash used
  by operating activities:
Loss on liquidation of investment in Stein's Cake
  Box, Inc.                                                --      195,656
Net change in:
  Accounts receivable                                      --       28,173
  Accounts payable                                     61,679       10,524
                                                    ---------    ---------

CASH FLOWS USED IN OPERATING ACTIVITIES                   (59)        (178)
                                                    ---------    ---------

NET INCREASE (DECREASE) IN CASH                           (59)        (178)
Cash, beg. of period                                       59          237
                                                    ---------    ---------
Cash, end of period                                 $      --    $      59
                                                    =========    =========

SUPPLEMENTAL CASH FLOW INFORMATION
  Interest paid                                     $      --    $      --
  Income taxes paid                                 $      --    $      --

               See accompanying summary of accounting policies and
                         notes to financial statements.

<PAGE>

                             20/20 WEB DESIGN, INC.
                          NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF ACCOUNTING POLICIES

Nature of business

20/20 Web Design, Inc. referred to as the "20/20 Web Design" was incorporated in
August 1995 under the laws of the state of Nevada. 20/20 Web Design is in the
business of managing and acquiring subsidiary corporations.

Use of Estimates

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at
the date of the balance sheet. Actual results could differ from those estimates.

Basic Loss Per Share

Basic loss per share has been calculated based on the weighted average number of
shares of common stock outstanding during the period.

Income Taxes

The asset and liability approach is used to account for income taxes by
recognizing deferred tax assets and liabilities for the expected future tax
consequences of temporary differences between the carrying amounts and the tax
bases of assets and liabilities. 20/20 Web Design records a valuation allowance
to reduce the deferred tax assets to the amount that is more likely than not to
be realized.

Recent Accounting Pronouncements

20/20 Web Design does not expect the adoption of recently issued accounting
pronouncements to have a significant impact on the 20/20 Web Design's results of
operations, financial position or cash flow.

NOTE 2 - INCOME TAXES

For the years ended December 31, 2001 and 2000, 20/20 Web Design has incurred
net losses and, therefore, has no tax liability. The net deferred tax asset
generated by the loss carry-forward has been fully reserved. The cumulative net
operating loss carry-forward is approximately $426,000 at December 31, 2001, and
will expire in the years 2018 through 2021.

Deferred income taxes consist of the following at December 31,:

                                2001        2000
                              --------    --------
      Long-term:
        Deferred tax assets   $ 64,000    $ 54,500
        Valuation allowance    (64,000)    (54,500)
                              --------    --------
                              $     --    $     --
                              ========    ========

<PAGE>

NOTE 3 - SHAREHOLDERS EQUITY

Common Stock - The initial authorized common stock of 20/20 Web Design consisted
of 25,000,000 shares $.001 par value. In March 2001, the State of Nevada
approved the Company's restated articles of incorporation which increased the
authorized shares of common stock from 25,000,000 common shares to 100,000,000
common shares.

In March 2001, the Board of Directors announced a forward split of one to four
shares of the 20/20 Web Design's common stock. All share and per share amounts
have been restated to reflect the retroactive effect of the stock split.

NOTE 4 - RELATED PARTY TRANSACTIONS

20/20 Web Design neither owns nor leases any real or personal property. An
officer has provided office services without charge. Such costs are immaterial
to the financial statements and accordingly are not reflected herein. The
officers and directors are involved in other business activities and most likely
will become involved in other business activities in the future. If a specific
business opportunity becomes available, such persons may face a conflict of
interest.

Accounts payable includes $13,914 due its majority shareholder.

NOTE 5 - Discontinued Operations

In February 2000, 20/20 Web Design investment in Stein's Cake Box, Inc.
(Stein's") was discontinued. The investment was written off as worthless.
Stein's was in the business of selling bakery products to retail establishments
in the Dallas Texas metropolitan area.

Stein's revenue for the year ended December 31, 2000 was $28,136. Net loss from
operations was $34,910, net of income tax benefit of $0 for the year ended
December 31, 2000.

There are no remaining assets of Stein's as of December 31, 2000.

<PAGE>

                             20/20 WEB DESIGN, INC.

                              FINANCIAL STATEMENTS

                           DECEMBER 31, 2000 AND 1999


<PAGE>

                                TABLE OF CONTENTS

                                                                        Page No.
                                                                        --------

INDEPENDENT AUDITORS' REPORT ...................................             1

FINANCIAL STATEMENTS

       Balance Sheets...........................................             2

       Statements of Operations.................................             3

       Statement of Stockholders' Equity (Deficit)..............             4

       Statements of Cash Flows.................................             5

       Notes to Financial Statements............................           6-12


<PAGE>

                          INDEPENDENT AUDITORS' REPORT

To the Board of Directors and Stockholders
20/20 Web Design, Inc. and Subsidiary

We have audited the accompanying balance sheet of 20/20 Web Design, Inc. as of
December 31, 2000 and the related statements of operations, stockholders' equity
and cash flows for the year then ended. We have also audited the consolidated
balance sheet of 20/20 Web Design Inc. and Subsidiary as of December 31, 1999
and the related consolidated statements of operations, stockholders' equity and
cash flows for the year then ended. These financial statements are the
responsibility of the Company's management. Our responsibility is to express an
opinion on the financial statements based on our audits.

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

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of 20/20 Web Design, Inc. and
Subsidiary as of December 31, 2000 and 1999, and the results of its operations
and its cash flows for the years then ended in conformity with accounting
principles generally accepted in the United States of America..


Moffitt & Company, P.C.
Scottsdale, Arizona

January 11, 2001

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                                 BALANCE SHEETS
                           DECEMBER 31, 2000 AND 1999

<TABLE>
<CAPTION>
                                     ASSETS

                                                                                Restated
                                                                    2000         1999
                                                                  ---------    ---------
<S>                                                               <C>          <C>
CURRENT ASSETS

       Cash and cash equivalents                                  $      59    $     237
       Accounts receivable                                                0       28,173
                                                                  ---------    ---------

            TOTAL CURRENT ASSETS                                         59       28,410

PROPERTY AND EQUIPMENT                                                    0      480,204
                                                                  ---------    ---------

            TOTAL ASSETS                                          $      59    $ 508,614
                                                                  =========    =========

                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES

       Accounts payable

          Trade                                                   $  39,847    $   1,403
          Related entity                                                  0      312,468
                                                                  ---------    ---------

            TOTAL CURRENT LIABILITIES                                39,847      313,871
                                                                  ---------    ---------

STOCKHOLDERS' EQUITY (DEFICIT)

       Common stock

          Authorized 25,000,000 shares, par
             value $0.001 per share
          Issued and outstanding - 10,774,787 shares                 10,775       10,775
       Paid-in capital in excess of par value of stock              738,719      738,719
       Retained earnings (deficit)                                 (789,282)    (554,751)
                                                                  ---------    ---------

            TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                    (39,788)     194,743
                                                                  ---------    ---------

            TOTAL LIABILITIES AND STOCKHOLDERS'
              EQUITY (DEFICIT)                                    $      59    $ 508,614
                                                                  =========    =========
</TABLE>

            See Accompanying Notes and Independent Auditors' Report.


                                        2

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                            STATEMENTS OF OPERATIONS
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999

<TABLE>
<CAPTION>
                                                                                       Restated
                                                                         2000            1999
                                                                     ------------    ------------
<S>                                                                  <C>             <C>
REVENUE                                                              $          0    $      2,500

EXPENSES

       General and administrative expenses                                 38,874          37,936
                                                                     ------------    ------------

(LOSS) FROM CONTINUING OPERATIONS                                         (38,874)        (35,436)
                                                                     ------------    ------------

DISCONTINUED OPERATION

       Loss on liquidation of investment in Stein's Cake Box, Inc.       (195,657)              0
       Income on investment in Stein's Cake Box, Inc.                           0             526
                                                                     ------------    ------------

               TOTAL DISCONTINUED OPERATIONS                             (195,657)            526
                                                                     ------------    ------------

NET (LOSS)                                                           $   (234,531)   $    (34,910)
                                                                     ============    ============

NET (LOSS) PER COMMON SHARE

       Basic and diluted:

          Continuing operations                                      $       (.00)   $       (.00)
          Discontinued operations                                            (.02)           (.00)
                                                                     ------------    ------------

               TOTAL                                                 $       (.02)   $       (.00)
                                                                     ============    ============

WEIGHTED AVERAGE NUMBER OF
   COMMON SHARES OUTSTANDING

       Basic and diluted                                               10,774,787      10,774,787
                                                                     ============    ============
</TABLE>

            See Accompanying Notes and Independent Auditors' Report.


                                        3

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                   STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999

<TABLE>
<CAPTION>
                                                              Paid in
                                    Number                  Capital in
                                      Of                     Excess of     Retained
                                    Common       Common      Par Value     Earnings
                                    Shares        Stock      of Stock      (Deficit)
                                  ----------   ----------   ----------    ----------
<S>                                <C>         <C>          <C>           <C>
BALANCE, JANUARY 1, 1999           1,004,787   $    1,005   $  521,349    $ (519,841)

ISSUANCE OF COMMON STOCK
   FOR CASH PER PRIVATE
   PLACEMENT                       1,150,000        1,150      228,850             0

COST TO ACQUIRE FINANCING
   FOR PRIVATE PLACEMENT                   0            0       (2,860)            0

ISSUANCE OF COMMON STOCK
     FOR 20/20 WEB DESIGN, INC     8,620,000        8,620       (8,620)            0

NET (LOSS) FOR THE YEAR
     ENDED DECEMBER 31, 1999               0            0            0       (34,910)
                                  ----------   ----------   ----------    ----------
BALANCE, DECEMBER 31, 1999        10,774,787       10,775      738,719      (554,751)

NET (LOSS) FOR THE YEAR
     ENDED DECEMBER 31, 2000               0            0            0      (234,531)
                                  ----------   ----------   ----------    ----------

BALANCE, DECEMBER 31, 2000        10,774,787   $   10,775   $  738,719    $ (789,282)
                                  ==========   ==========   ==========    ==========
</TABLE>

            See Accompanying Notes and Independent Auditors' Report.


                                        4

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                            STATEMENTS OF CASH FLOWS
                 FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999

<TABLE>
<CAPTION>
                                                                                        Restated
                                                                             2000         1999
                                                                           ---------    ---------
<S>                                                                        <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
       Net (loss)                                                          $(234,531)   $ (34,910)
       Adjustments to reconcile net (loss) to net cash
          (used) by operating activities:
             Loss on liquidation of investment in Stein's Cake Box, Inc.     195,656            0
             Organization costs                                                    0        2,513
       Changes in operating assets and liabilities:

          Accounts receivable                                                 28,173      (28,173)
          Accounts payable                                                    10,524       28,667
                                                                           ---------    ---------

          NET CASH (USED) BY OPERATING
             ACTIVITIES                                                         (178)     (31,903)
                                                                           ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES:
       Purchases of property and equipment                                         0     (195,000)
                                                                           ---------    ---------

          NET CASH (USED) BY INVESTING
             ACTIVITIES                                                            0     (195,000)
                                                                           ---------    ---------

CASH FLOWS FROM FINANCING ACTIVITIES
       Net proceeds from issuance of common stock                                  0      227,140
                                                                           ---------    ---------

          NET CASH PROVIDED BY
             FINANCING ACTIVITIES                                                  0      227,140
                                                                           ---------    ---------

NET INCREASE (DECREASE) IN CASH AND CASH
   EQUIVALENTS                                                                  (178)         237

CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR                                     237            0
                                                                           ---------    ---------

CASH AND CASH EQUIVALENTS, END OF YEAR                                     $      59    $     237
                                                                           =========    =========

SUPPLEMENTARY DISCLOSURE OF
   CASH FLOW INFORMATION

       Interest paid                                                       $       0    $       0
                                                                           =========    =========

       Taxes paid                                                          $       0    $       0
                                                                           =========    =========

NON-CASH INVESTING AND FINANCING
   ACTIVITIES

       Issuance of company stock for 20/20 Web Design, Inc.                $       0    $   8,620
                                                                           =========    =========

       Related party payable for acquisition of property and
          equipment                                                        $       0    $ 285,204
                                                                           =========    =========
</TABLE>

            See Accompanying Notes and Independent Auditors' Report.


                                        5

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

      Nature of Business

      20/20 Web Design, Inc. (hereinafter referred to as the Company) was
      incorporated in August 1995 in the state of Nevada. The Company is in the
      business of managing and acquiring subsidiary corporations.

      Stein's Cake Box, Inc. was incorporated in December 1999 in the state of
      Texas. The corporation was in the business of selling bakery products to
      retail establishments in the Dallas, Texas, metropolitan area. (See Note
      13 for discontinuance of operations)

      Principles of Consolidation

      For 1999, the consolidated financial statements include the accounts of
      20/20 Web Design, Inc. and its wholly owned subsidiary, Stein's Cake Box,
      Inc.

      All material inter-company accounts and transactions have been eliminated.

      Corporation Name Changes

      The corporation has changed its name as follows:

            1.    At date of incorporation - Visioneering Corporation
            2.    January 12, 1996 - Asiamerica Energy Group, Inc.
            3.    April 29, 1996 - Care Financial Group, Inc.
            4.    May 15, 1997 - Trump Oil Corporation
            5.    April 23, 1999 - 20/20 Web Design, Inc.

      Cash and Cash Equivalents

      For purposes of the statement of cash flows, the Company considers all
      highly liquid debt instruments purchased with an original maturity of
      three months or less to be cash equivalents.

      Property and Equipment

      Property and equipment are stated at cost. Major renewals and improvements
      are charged to the asset accounts while replacements, maintenance and
      repairs, which do not improve or extend the lives of the respective
      assets, are expensed. At the time property and equipment are retired or
      otherwise disposed of, the asset and related accumulated depreciation
      accounts are relieved of the applicable amounts. Gains or losses from
      retirements or sales are credited or charged to income.

      At December 31, 1999, the Company was not depreciating the property and
      equipment as the $480,204 of property and equipment was all construction
      in process and the assets were not completed or placed in service.

            See Accompanying Notes and Independent Auditors' Report.


                                        6

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

      Accounting Estimates

      Management uses estimates and assumptions in preparing financial
      statements in accordance with generally accepted accounting principles.
      Those estimates and assumptions affect the reported amounts of assets and
      liabilities, the disclosure of contingent assets and liabilities, and the
      reported revenues and expenses. Actual results could vary from the
      estimates that were used.

      Income Taxes

      Provisions for income taxes are based on taxes payable or refundable for
      the current year and deferred taxes on temporary differences between the
      amount of taxable income and pretax financial income and between the tax
      basis of assets and liabilities and their reported amounts in the
      financial statements. Deferred tax assets and liabilities are included in
      the financial statements at currently enacted income tax rates applicable
      to the period in which the deferred tax assets and liabilities are
      expected to be realized or settled as prescribed in FASB Statement No.
      109, Accounting for Income Taxes. As changes in tax laws or rates are
      enacted, deferred tax assets and liabilities are adjusted through the
      provision for income taxes.

      Net Loss Per Share

      The Company adopted Statement of Financial Accounting Standards No. 128
      that requires the reporting of both basic and diluted earnings per share.
      Basic earnings per share is computed by dividing net income available to
      common stockholders by the weighted average number of common shares
      outstanding for the period. Diluted earnings per share reflect the
      potential dilution that could occur if securities or other contracts to
      issue common stock were exercised or converted into common stock. In
      accordance with FASB 128, potentially dilutive securities that would have
      an anti-dilutive effect on net loss per share are excluded.

NOTE 2 DISCLOSURE ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS

      The Company estimates that the fair value of all financial instruments at
      December 31, 2000 and 1999, as defined in FASB 107, does not differ
      materially from the aggregate carrying values of its financial instruments
      recorded in the accompanying balance sheet. The estimated fair value
      amounts have been determined by the Company using available market
      information and appropriate valuation methodologies. Considerable
      judgement is required in interpreting market data to develop the estimates
      of fair value, and accordingly, the estimates are not necessarily
      indicative of the amounts that the Company could realize in a current
      market exchange.

            See Accompanying Notes and Independent Auditors' Report.


                                        7

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 3 PROPERTY AND EQUIPMENT

      At December 31, 1999, the property and equipment consisted of construction
      in process on the building space next to Stein's Bakery. Stein's Cake Box,
      Inc. was negotiating for a lease on this space.

      There is no depreciation for the years ended December 31, 2000 and 1999.

NOTE 4 ACCOUNTS PAYABLE, RELATED ENTITY

      The accounts payable, related entity, is due to College Connection, Inc.,
      DBA Stein's Bakery, for the following:

                                                                     Restated
                                                         2000          1999
                                                      ----------    ----------

      Purchases of bakery products                    $        0    $   27,264
      Construction in process for funds due to the
        contractor (College Connection, Inc. signed
        the construction contract)                             0       285,204
                                                      ----------    ----------

                       Total                          $        0    $  312,468
                                                      ==========    ==========

NOTE 5 INCOME TAXES

<TABLE>
<CAPTION>
                                                                                      Restated
                                                                           2000         1999
                                                                         ---------    ---------
<S>                                                                      <C>          <C>
      (Loss) from continuing operations before income taxes              $(234,531)   $ (34,910)
                                                                         ---------    ---------

      The provision for income taxes is estimated as follows:

              Currently payable                                          $       0    $       0
                                                                         ---------    ---------
              Deferred                                                   $       0    $       0
                                                                         ---------    ---------

      Significant components of the Company's deferred tax asset and liabilities
      are as follows at December 31:

<CAPTION>
                                                                       2000         1999
                                                                     ---------    ---------
<S>                                                                  <C>          <C>
      Deferred tax asset

          Net operating loss carryforwards                           $  54,500    $  19,300
          Less valuation allowance                                      54,500       19,300
                                                                     ---------    ---------

          Net deferred tax asset                                     $       0    $       0
                                                                     =========    =========
</TABLE>

            See Accompanying Notes and Independent Auditors' Report.


                                        8

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 5 INCOME TAXES (CONTINUED)

      A reconciliation of the valuation allowance is as follows:

                                                              2000       1999
                                                            --------   --------
      Balance, beginning of year                            $ 19,300   $ 77,976
      Less adjustment for limitation due to merger                 0    (63,876)
      Addition for the year                                   35,200      5,200
                                                            --------   --------

                                                            $ 54,500   $ 19,300
                                                            ========   ========

NOTE 6 TAX CARRYFORWARDS

      The corporation has the following net operating loss carryforwards:

            Year             Amount           Expiration Date
            ----             ------           ---------------

            1998           $   94,200               2018
            1999               35,524               2019
            2000              234,531               2020
                           ----------

                           $  364,255
                           ==========

      Future changes in ownership may limit the ability of the Company to
      utilize these net operating loss carryforwards prior to their expiration

NOTE 7 PRIVATE PLACEMENT OFFERING

      In March 1999, the Company had a private placement for 11,500,000 shares
      of common stock at $0.02 per share. All of the shares were sold and the
      Company realized $230,000 less $2,860 of costs.

NOTE 8 STOCK OPTIONS

      The Company does not have any stock options outstanding at December 31,
      2000 and 1999.

NOTE 9 BUSINESS COMBINATION

      On March 30, 1999, the Company completed a merger with 20/20 Web Design,
      Inc. by exchanging 8,620,000 shares of section 144 restricted common stock
      for 100% of the outstanding shares of 20/20 Web Design, Inc.

      The merger has been accounted for as a pooling of interest (reverse
      acquisition as defined by the Securities and Exchange Commission) and the
      Company recorded the merger as follows:

            See Accompanying Notes and Independent Auditors' Report.


                                        9

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 9 BUSINESS COMBINATION (CONTINUED)

            Increase in common stock
               8,620,000 shares @ .001(cent) par value              $  8,620
            Decrease in paid-in capital                                8,620

      After the merger, the Company changed its name to 20/20 Web Design, Inc.

      The following unaudited information presents certain income statement data
      of the separate companies for the periods preceding the merger:

                                        Restated
                                          1999
                                        --------
            Net sales
               Trump Oil Corporation    $  2,500
               20/20 Web Design, Inc.          0

            Net (loss)
               Trump Oil Corporation     (12,000)
               20/20 Web Design, Inc.          0

      There were no material transactions between Trump Oil Corporation and
      20/20 Web Design, Inc. prior to the merger. The effects of conforming
      20/20 Web Design, Inc.'s accounting policies to those of Trump Oil
      Corporation were not material.

NOTE 10 ECONOMIC DEPENDENCY IN 1999 RESTATED

      Sales

      98.3% of the Stein Cake Box, Inc.'s sales were to one customer.

      Cost of Goods Sold

      Stein Cake Box,  Inc.  purchases all of its baked goods from one supplier,
      Stein's Bakery.

NOTE 11 INSURANCE

      Stein's Cake box did not carry liability or worker's compensation
      insurance.

NOTE 12 SEGMENT REPORTING FOR 1999 RESTATED

      The Company had two reportable segments:

            20/20 Web Design,  Inc. - Web design and  management  of  subsidiary
            company operations.

            Stein's Cake Box, Inc. - Sales of bakery products.

            See Accompanying Notes and Independent Auditors' Report.


                                       10

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 12 SEGMENT REPORTING FOR 1999 RESTATED (CONTINUED)

      The Company evaluates segment performance based on income from operations.
      Sales for each segment are based on the location of the third-party
      customer. All intercompany transactions between segments have been
      eliminated.

      Segment results for 1999 were as follows:

                                                    20/20 Web      Stein's Cake
                                                   Design, Inc.      Box, Inc.
                                                   ------------    ------------

            Net sales                              $      2,500    $     28,136

            Income (loss) from operations               (35,437)            526

            Assets                                          137         508,477

            Capital expenditures                              0         480,204

      A reconciliation from the segment information to the consolidated balances
      for income (loss) from operations and assets is set forth below:

            Segment (loss) from operations        $ (34,910)

            Consolidated (loss) from operations     (34,910)

            Segment assets                          508,614

            Consolidated total assets               508,614

NOTE 13 DISCONTINUED OPERATIONS

      APB 30, paragraph 13, requires that an entity restate prior year financial
      statements to disclose the results of subsequent discontinued operations.
      The investment in Stein's Cake Box, Inc. was discontinued and the 1999
      statement of operations was restated to segregate the income from
      discontinued operations from continued operations.

      The following information is presented for the discontinued operations:

            a.    Segment  discontinued - subsidiary  corporation,  Stein's Cake
                  Box, Inc.
            b.    Discontinued date - February 29, 2000
            c.    Manner of disposal - investment written-off as worthless
            d.    Remaining assets and liabilities - none at February 29, 2000
            e.    Income or loss from  February  29, 2000 to December 31, 2000 -
                  none
            f.    Proceeds from disposal of assets - none

            See Accompanying Notes and Independent Auditors' Report.


                                       11

<PAGE>

                      20/20 WEB DESIGN, INC. AND SUBSIDIARY
                          NOTES TO FINANCIAL STATEMENTS
                           DECEMBER 31, 2000 AND 1999

NOTE 14 COMPUTATION OF EARNINGS PER SHARE

                                                                  Restated
                                                    2000            1999
                                                ------------    ------------

From continuing operations

      Net (loss) from continuing operations     $    (38,874)   $    (35,436)
                                                ------------    ------------
      Weighted average number of common
         shares outstanding                       10,774,787      10,774,787

      (Loss) per share                          $       (.00)   $       (.00)

From discontinued operations

      Net income from discontinued operations   $   (195,657)   $        526
                                                ------------    ------------
      Weighted average number of common
         shares outstanding                       10,774,787      10,774,787

      (Loss) per share                          $       (.02)   $        .00

            See Accompanying Notes and Independent Auditors' Report.


                                       12