SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**Form 10-KSB**

XAnnual report under section 13 or 15(d) of the Securities Exchange Act of 1934

For the fiscal year ended December 31, 2002.

___Transition report under section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from ____ to ____.





Nevada
0-29803
88-0407078(State or other jurisdiction of
incorporation)
(Commission File
Number)
(IRS Employer Identification
Number)Suite B3, 1700 Varsity Estates Drive

NW Calgary, Alberta

CANADA
T3B-2W9(Address of principal executive offices)
(Zip Code)

Issuer's telephone number, including area code: (403) 247-4630

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

Title of each class

N/A

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

Common Stock,$0.001par value

(Title of Class)

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

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

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

State the aggregate market value of the voting stock held by non-affiliates computed by reference
to the price at which the stock was sold, or the average bid and asked priced of such stock, as of a
specified date within the past 60 days (See definition of affiliate in Rule 12b-2): $1,491,920
based upon bid price of $0.0850 per share.

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

(Issuers involved in bankruptcy proceedings during the past five years):

Check whether the issuer has filed all documents and reports required to be filed by Section 12,
13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a
court. Yes ____No ____

(Applicable only to corporate registrants)

State the number of shares outstanding of each of the issuer's classes of common equity, as of the
latest practicable date: 26,204,000 as of March 7, 2003.

Documents incorporated by reference.

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

Transitional Small Business Disclosure format (Check one): Yes: ___ ; No X

PART I

ITEM 1. 	DESCRIPTION OF BUSINESS.

The Company  was incorporated under the laws of the State of Nevada on June 27, 1996,
under the name ofInter N.Corporation.   In August of 1999, Inter N.Corporation changed its
name to Safe ID Corporation to reflect its new business focus.  Since that time, the Company
has been attempting to raise funds for this business.  The product line contemplated was
miniaturized microchip technology for insertion into inanimate objects or injection under the skin
of animals.  The chips provide positive identification of personal possessions such as cameras,
bicycles, boats, cars, skis, paintings and clothes using unique codes with billions of available
combinations.   The electronic product line includes a variety of radio frequency micro-chips or
"tags," portable readers, stationary readers and micro-chip injecting devices.

To date, the Company has not been able to raise the funds required for the micro-chip
sales.  There is no assurance, given the uncertain nature of the capital markets, that it will be able
to obtain the necessary funds.  As a result, the Company has again changed its focus, looking at
other business opportunities in oil and  gas sector.

In July 2002, Safe ID Corporation signed an agreement with White Energy Corp. of
Billings Montana, U.S.A., to acquire approximately 91,771 acres of oil and gas lease holdings in
the Northern Powder River Basin of Montana.Subsequent to December 31, 2002, this agreement
expired.  However, the Company has had continuing discussion withWhite Energy Corp.
concerning possible renegotiation.

The Company has no employees.

ITEM 2. 	DESCRIPTION OF PROPERTY.

The Company rents an executive office in Calgary Alberta, Canada.

ITEM 3. 	LEGAL PROCEEDINGS.

The Company is not a party to any pending legal proceedings, and no such proceedings
are known to be contemplated.  No director, officer or affiliate of the Company, and no owner of
record or beneficial owner of more than five percent (5%) of the securities of the Company, or
any associate of any such director, officer or security holder is a party adverse to the Company or
has a material interest adverse to the Company in reference to pending litigation.

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

No matters were submitted to a vote of the security holders of the Company during the
fourth quarter of the fiscal year which ended December 31, 2002.

PART  II

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

The Company's common stock is currently traded under the symbol "MYID."These
securities are quoted in the over-the-counter market,  and began trading in January of 2001.The
following  table sets forth the high and low closing bid prices for the Company's common stock
as reported on the Bulletin Board for the  periods indicated.

|Fiscal Year 2001 | High | Low
|---------------- | ---- | ---
|First Quarter    | .875 | .45
|Second Quarter   | .875 | .75
|Third Quarter    | .55  | .15
|Fourth Quarter   | .45  | .25
|                 |      |    
|Fiscal Year 2002 | High | Low
|First Quarter    | .51  | .28
|Second Quarter   | .76  | .20
|Third Quarter    | .45  | .16
|Fourth Quarter   | .43  | .16

The closing bid price of the Company's common stock as  reported on the Over-the-
Counter Bulletin Board on March 11, 2003 was $0.0850 per share.  The prices presented are bid
prices which represent prices between broker-dealers and don't include retail mark-ups and
mark-downs or any commission to the dealer.  The  prices may not reflect actual transactions.These securities are currently held of record by a total of approximately 34 persons.

No dividends have been declared or paid on the Company's securities, and it is not
anticipated that any dividends will be declared or paid in the foreseeable future.Income  will be
retained for the development and expansion of the Company's business.  Dividend  policy for the
future is subject to the discretion of the Board of Directors, and will depend upon a number of
factors, including earnings, debt service, capital requirements, business conditions and other
factors that the Board of Directors may deem relevant.

RECENT SALES OF UNREGISTERED SECURITIES; USE OF PROCEEDS FROM
REGISTERED SECURITIES

|Name and Address of Holder                                                                           | Date      | Shares of
Common Stock
Sold | Aggregate
Purchase Price
|---------------------------------------------------------------------------------------------------- | --------- | --------------------------- | ------------------------
|Turret Holdings, Inc.

PO Box N8318

Nassau, Bahamas                                                 | 8/8/2002  | 333,333                     | $  40,000 (1)           
|Microtech Industries, Inc.

Upglebe, Crossfields, Nether
Compton

Sherborne, Dorset

England DT9 4RE | 8/26/2002 | 916,667                     | $ 165,000(1)            

(1)The Company received $40,000 as a loan to pay for the initial deposits required under the terms of the
Agreement for Sale and Purchase of Prospect and Leases and the Company agreed to issue 333,333 shares of
common stock at a price of $0.12 per share to settle the loan.  In addition, the Company received $165,000 for
issuance of 916,667 units at a price of $0.18 per unit.  Each unit consists of one share of common stock and one
stock purchase warrant.  The warrants are exercisable at $0.24 within two years from the date the related shares are
issued.  As of December 31, 2002, none of these shares and warrants have been issued.

These securities were sold by the issuer through a private placement.  No underwriting discounts
or commissions were paid.  The shares were issued in reliance upon exemptions from registration
under the Securities Act of 1933.

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

SPECIAL NOTE OF CAUTION REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this report, including statements in the following discussion which
are not statements of historical fact, are what are known as "forward looking statements," which
are basically statements about the future.  For that reason, these statements involve risk and
uncertainty since no one can accurately predict the future.  Words such as "plans," "intends,"
"will," "hopes," "seeks," "anticipates," "expects  "and the like often identify such forward
looking statements, but are not the only indication that a statement is a forward-looking
statement.  Such forward looking statements include statements concerning our plans and
objectives with respect to the present and future operations of the Company, and statements
which express or imply that such present and future operations will or may produce revenues,
income or profits.  Numerous factors and future events could cause the Company to change such
plans and objectives or fail to successfully implement such plans or achieve such objectives, or
cause such present and future operations to fail to produce revenues, income or profits.
Therefore, the  reader is advised that the following discussion should be considered in light of the
discussion of risks and other factors contained in this report on Form 10KSB and in the
Company's other filings with the Securities and Exchange Commission.   No statements
contained in the following discussion should be construed as a guarantee or assurance of future
performance or future results.

**Plan of Operations**

As of December 31, 2002, the Company remains in the development stage.  It has minimal
capital resources presently available to meet its obligations or to continue its efforts to develop its
business.  As a result, there is substantial doubt about the Company's ability to continue as a
going concern.

Until June 30, 2002, the company focused on developing business related to reselling of a
product line of miniaturized micro-chips suitable for insertion into inanimate objects or under the
skin of animals.

The chips are inserted into inanimate objects or under the skin of animals for purposes of positive
identification.  To develop this business, the Company estimated that it would require
approximately $250,000 in the next twelve months to meet overhead (rent, salaries and
operational expenses) and to pay expenses connected with marketing (cost of goods sold and
purchase of inventory).  This included approximately $50,000 to launch dynamic link
relationships with major markets and to produce and circulate brochures and initial advertising
announcements, and approximately $200,000 in working capital to cover general overhead and to
provide liquidity during the 12-months following launch of its product.

The Company was not able to raise the funds required for micro-chip sales.  There is no
assurance, given the uncertain nature of the capital markets, that it will be able to obtain the
necessary funds.  As a result, the Company has changed its focus and has been looking at other
business opportunities and since April 17, 2002 has focused on oil and gas leases held by White
Energy of Billings, Montana.

In July 2002, Safe ID Corporation signed an agreement with White Energy Corp. of Billings,
Montana, U.S.A., to acquire approximately 91,771 acres of oil and gas lease holdings in the
Northern Powder River Basin of Montana.The Company has made non-refundable payments
totaling $128,616 U.S. to White Energy Corp under the terms of this agreement.  The payments
secured the property, and contractually, gave the Company a 100% interest.  Additional payments
totalling $1,157,545 U.S. were due under the original agreement.  The Company had various
discussions with White Energy about renegotiating the timing and the amount of such payments.

However,the Company was not able to raise the necessary funds (estimated to be $2.5  to $ 3
million) for property and lease payments and an initial drilling commitment.  As a result, the
agreement signed July 12, 2002 expired on March 1, 2003.

Since the expiration of the initial agreement, the Company has continued to have discussions
with White Energy concerning renegotiation of the agreement.  Under a revised structure
currently being discussed, the Company believes it could sign a new agreement with White
Energy and begin limited drilling activities if it could raise approximately $400,000.  Although
the Company is continuing its efforts to raise money for the project, it has not yet been successful
and it does not intend to execute a revised agreement with White Energy unless it has first been
able to raise the necessary capital required for initial development of the property.

Given the market conditions, the Company is not optimistic that the funds can be raised for the
White Energy project.  As a result, at this time the Company is evaluating other projects for the
Company and attempting to raise capital.

In addition to continuing its efforts to develop a business or acquire a business opportunity, the
Company's plan of operations during the next twelve months also includes continuing to comply
with its periodic reporting requirements under the Securities Exchange Act of 1934.  The
Company estimates that it will require a minimum of approximately $5,000 in additional capital
during the next twelve months for this purpose.  Although the Company has no agreement in
place with its shareholders or other persons to provide capital or to pay expenses on its behalf, in
the past, shareholders have provided loans to the Company so that it could meet its reporting
obligations.

No revenues were received by the Company during the current period.  The Company does not
expect to generate any revenue until after it has completed significant further development of its
proposed micro-chip business or until it has completed the acquisition of the Powder River
Property or another business opportunity.  As a result, the Company expects that it will incur
losses each quarter at least until it has completed a business combination.  Depending upon the
performance of any acquired business, the Company may continue to operate at a loss even
following completion of a business combination.

ITEM 7. 	FINANCIAL STATEMENTS.



See the following pages.

******SAFE ID CORPORATION**

**(A Development Stage Company)**

**Financial Statements**

**December 31, 2002 and 2001**

**(U.S. Dollars)**

|**INDEX**                                       | 
|----------------------------------------------- | 
|**Report of Independent Chartered Accountants** | 
|**Financial Statements**                        | 
|Balance Sheets                                  | 
|Statements of Operations                        | 
|Statements of Stockholders' Equity (Deficiency) | 
|Statements of Cash Flows                        | 
|Notes to Financial Statements                   | 







**REPORT OF INDEPENDENT CHARTERED ACCOUNTANTS**

**TO THE BOARD OF DIRECTORS AND STOCKHOLDERS**

**OF SAFE ID CORPORATION**

We have audited the accompanying balance sheets of Safe ID Corporation (A Development
Stage Company) as at December 31, 2002 and 2001 and the related statements of operations,
stockholders' equity (deficiency) and cash flows for each of the years in the three year period
ended December 31, 2002 and the cumulative totals for the development stage of operations from
June 27, 1996 (inception) through December 31, 2002.  These financial statements are the
responsibility of the Company's management.  Our responsibility is to express an opinion on
these financial statements based on our audits.  The financial statements of Safe ID Corporation
from June 27, 1996 (inception) through October 31, 1998 were audited by other auditors whose
report dated November 13, 1998, expressed an unqualified opinion on those statements.  Our
opinion insofar as it relates to the cumulative totals for development stage operations from June
27, 1996 (inception) through October 31, 1998, is based solely on the report of the other auditors.

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 audit to obtain
reasonable assurance 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, these financial statements present fairly, in all material respects, the financial
position of the Company as of December 31, 2002 and 2001, and the results of its operations and
its cash flows for each of the years in the three year period ended December 31, 2002 and the
cumulative totals for the development stage of operations from June 27, 1996 (inception) through
December 31, 2002, in conformity with accounting principles generally accepted in the United
States of America.

The accompanying financial statements have been prepared assuming the Company will continue
as a going-concern.  As discussed in note 3 to the financial statements, the Company has minimal
capital resources presently available to meet obligations which normally can be expected to be
incurred by similar companies and has a deficit accumulated during the development stage.
Subsequent to December 31, 2002, an agreement with White Energy Corp. to acquire oil and gas
lease holdings expired.  These factors raise doubt about the Company's ability to continue as a
going concern.  The financial statements do not include any adjustments that might result from
the outcome of this uncertainty.

Chartered Accountants

Vancouver, Canada

March 3, 2003

**SAFE ID CORPORATION**

**(A Development Stage Company)**

**Balance Sheets**

**December 31**

**(U.S. Dollars)**

|                                                                                                                                                           | **2002**  | **2001** 
|---------------------------------------------------------------------------------------------------------------------------------------------------------- | --------- | ---------
|                                                                                                                                                           |           |          
|**Assets**                                                                                                                                                 |           |          
|                                                                                                                                                           |           |          
|**Current**                                                                                                                                                |           |          
|Cash                                                                                                                                                       | $7,736    | $7,966   
|Note receivable (note 5)                                                                                                                                   | 22,591    | 20,881   
|                                                                                                                                                           |           |          
|**Total Assets**                                                                                                                                           | $30,327   | $28,847  
|                                                                                                                                                           |           |          
|**Liabilities**                                                                                                                                            |           |          
|                                                                                                                                                           |           |          
|**Current**                                                                                                                                                |           |          
|Accounts payable                                                                                                                                           | $14,387   | $39,954  
|Due to stockholders (note 6)                                                                                                                               | 84,535    | 65,489   
|                                                                                                                                                           |           |          
|**Total Liabilities**                                                                                                                                      | 98,922    | 105,443  
|                                                                                                                                                           |           |          
|**Stockholders' Equity** **(Deficiency)**                                                                                                                  |           |          
|                                                                                                                                                           |           |          
|**Common Stock**, 50,000,000 shares (2001 - 25,000,000)
authorized, par value of $0.001 each, 22,584,000 (2001 -
22,584,000) shares issued and outstanding | 22,584    | 22,584   
|                                                                                                                                                           |           |          
|**Common Share Subscriptions Received** (note 7)                                                                                                           | 205,000   | 0        
|**Additional Paid-in Capital**                                                                                                                             | 33,416    | 33,416   
|**Deficit Accumulated During the Development Stage**                                                                                                       | (328,399) | (131,855)
|**Accumulated Other Comprehensive Loss**                                                                                                                   | (1,196)   | (741)    
|                                                                                                                                                           |           |          
|**Total Stockholders' Deficiency**                                                                                                                         | (68,595)  | (76,596) 
|                                                                                                                                                           |           |          
|**Total Liabilities and Stockholders' Equity**                                                                                                             | $30,327   | $28,847  

******See notes to financial statements.**

**SAFE ID CORPORATION**

(A Development Stage Company)

Statements of Operations

Years Ended December 31, 2002, 2001, 2000 and from June 27, 1996 (Inception) to December 31, 2002

(U.S. Dollars)

|                       |            |            |            | **Period from**  
|---------------------- | ---------- | ---------- | ---------- | -----------------
|                       |            |            |            | **June 27, 1996**
|                       |            |            |            | (Inception) to   
|                       |            |            |            | **December 31,** 
|                       | **2002**   | **2001**   | **2000**   | **2002**         
|                       |            |            |            |                  
|**Revenue**            | $0         | $21,490    | $0         | $21,490          
|**Cost of Sales**      | 0          | 16,555     | 0          | 16,555           
|                       |            |            |            |                  
|**Gross Profit**       | 0          | 4,935      | 0          | 4,935            
|                       |            |            |            |                  
|**Expenses**           |            |            |            |                  
|Oil and gas property   |            |            |            |                  
|expenditure (note 8)   | 128,616    | 0          | 0          | 128,616          
|Consulting (note 9)    | 29,635     | 3,606      | 988        | 70,095           
|Travel                 | 16,174     | 653        | 0          | 21,803           
|Selling and            |            |            |            |                  
|administrative         | 11,052     | 3,148      | 2,370      | 20,305           
|Professional fees      | 9,087      | 23,824     | 42,735     | 82,546           
|Rent (note 9)          | 3,060      | 2,940      | 2,981      | 10,652           
|Bank charges and       |            |            |            |                  
|interest, net          | (1,080)    | 191        | 143        | (683)            
|                       |            |            |            |                  
|**Total Expenses**     | 196,544    | 34,362     | 49,217     | 333,334          
|                       |            |            |            |                  
|**Net Loss**           | $(196,544) | $(29,427)  | $(49,217)  | $(328,399)       
|                       |            |            |            |                  
|**Net Loss Per Share** | $ (0.0087) | $ (0.0013) | $ (0.0021) |                  
|                       |            |            |            |                  
|Weighted Average       |            |            |            |                  
|Number of Shares       |            |            |            |                  
|Outstanding            | 22,584,000 | 22,684,866 | 24,000,000 |                  

See notes to financial statements.

**SAFE ID CORPORATION**

(A Development Stage Company)

Statements of Stockholders' Equity (Deficiency)

Years Ended December 31, 2002, 2001, 2000 and from June 27, 1996 (Inception) to December 31, 2002

(U.S. Dollars)

|                                 | Common
Stock
Number | Common
Stock
Amount | Common stock
Subscribed
Amount | Additional
Paid-in
Capital | Accumulated
Other
Comprehensive
Loss | Deficit
Accumulated
During the
Development
Stage | Total
Stockholders'
Equity

(Deficiency)
|-------------------------------- | ------------------- | ------------------- | ------------------------------ | -------------------------- | ------------------------------------ | ------------------------------------------------ | ----------------------------------------
|**Balance June 27, 1996**        | 0                   | $0                  | $0                             | $0                         | $0                                   | $0                                               | $0                                      
|**Common Stock Issued**          |                     |                     |                                |                            |                                      |                                                  |                                         
|For services (note 10 (a))       | 6,000,000           | 6,000               | 0                              | (5,000)                    | 0                                    | 0                                                | 1,000                                   
|**Net Loss, June 27, 1996**      |                     |                     |                                |                            |                                      |                                                  |                                         
|to December 31, 1996             | 0                   | 0                   | 0                              | 0                          | 0                                    | (1,000)                                          | (1,000)                                 
|                                 |                     |                     |                                |                            |                                      |                                                  |                                         
|Balance December 31, 1996        | 6,000,000           | 6,000               | 0                              | (5,000)                    | 0                                    | (1,000)                                          | 0                                       
|**Net Loss, Year Ended**         |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 1997                | 0                   | 0                   | 0                              | 0                          | 0                                    | 0                                                | 0                                       
|****                             |                     |                     |                                |                            |                                      |                                                  |                                         
|Balance, December 31, 1997       | 6,000,000           | 6,000               | 0                              | (5,000)                    | 0                                    | (1,000)                                          | 0                                       
|**Net Loss, Year Ended**         |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 1998                | 0                   | 0                   | 0                              | 0                          | 0                                    | (350)                                            | (350)                                   
|                                 |                     |                     |                                |                            |                                      |                                                  |                                         
|Balance, December 31, 1998       | 6,000,000           | 6,000               | 0                              | (500)                      | 0                                    | (1,350)                                          | (350)                                   
|**Common Stock Issued**          |                     |                     |                                |                            |                                      |                                                  |                                         
|For intellectual property        |                     |                     |                                |                            |                                      |                                                  |                                         
|(note 10(b))                     | 9,000,000           | 9,000               | 0                              | 21,000                     | 0                                    | 0                                                | 30,000                                  
|For cash (note 10(c))            | 9,000,000           | 9,000               | 0                              | 21,000                     | 0                                    | 0                                                | 30,000                                  
|**Net Loss, Year Ended**         |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 1999                | 0                   | 0                   | 0                              | 0                          | 0                                    | (51,861)                                         | (51,861)                                
|**Share Issue Costs**            | 0                   | 0                   | 0                              | (5,000)                    | 0                                    | 0                                                | (5,000)                                 
|                                 |                     |                     |                                |                            |                                      |                                                  |                                         
|Balance, December 31, 1999       | 24,000,000          | 24,000              | 0                              | 32,000                     | 0                                    | (53,211)                                         | 2,789                                   
|**Net Loss, Year Ended**         |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 2000                | 0                   | 0                   | 0                              | 0                          | 0                                    | (49,217)                                         | (49,217)                                
|                                 |                     |                     |                                |                            |                                      |                                                  |                                         
|Balance, December 31, 2000       | 24,000,000          | 24,000              | 0                              | 32,000                     | 0                                    | (102,428)                                        | (46,428)                                
|**Common Stock Repurchases**     | (1,416,000)         | (1,416)             | 0                              | 1,416                      | 0                                    | 0                                                | 0                                       
|(note 10(e))                     |                     |                     |                                |                            |                                      |                                                  |                                         
|Foreign Currency Translation     | 0                   | 0                   | 0                              | 0                          | (741)                                | 0                                                | (741)                                   
|**Net Loss, Year Ended**         |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 2001                | 0                   | 0                   | 0                              | 0                          | 0                                    | (29,427)                                         | (29,427)                                
|****                             |                     |                     |                                |                            |                                      |                                                  |                                         
|Balance, December 31, 2001       | 22,584,000          | 22,584              | 0                              | 33,416                     | (741)                                | (131,855)                                        | (76,596)                                
|**Common Share Subscription**    |                     |                     |                                |                            |                                      |                                                  |                                         
|Received                         | 0                   | 0                   | 205,000                        | 0                          | 0                                    | 0                                                | 205,000                                 
|**Foreign Currency Translation** | 0                   | 0                   | 0                              | 0                          | (455)                                | 0                                                | (455)                                   
|**Net Loss, Year Ended**         |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 2002                | 0                   | 0                   | 0                              | 0                          | 0                                    | (196,544)                                        | (196,544)                               
|**Balance,**                     |                     |                     |                                |                            |                                      |                                                  |                                         
|December 31, 2002                | 22,584,000          | $22,584             | $205,000                       | $33,416                    | $(1,196)                             | $(328,399)                                       | $(68,595)                               
|****                             |                     |                     |                                |                            |                                      |                                                  |                                         

See notes to financial statements.

**SAFE ID CORPORATION**

(A Development Stage Company)

Statements of Cash Flows

Years Ended December 31, 2002, 2001, 2000 and from June 27, 1996 (Inception) to December 31, 2002

(U.S. Dollars)

| |  |  |  | 
| |  |  |  | 
| |  |  |  | 

|                                                          | 2002       | 2001      | 2000      | Period from

June 27, 1996

(Inception) to

December 31,

2002
|--------------------------------------------------------- | ---------- | --------- | --------- | --------------------------------------------------------------
|**Operating Activities**                                  |            |           |           |                                                               
|Net Loss                                                  | $(196,544) | $(29,427) | $(49,217) | $(328,399)                                                    
|Adjustment to reconcile net loss                          |            |           |           |                                                               
|to cash used in operating activities                      |            |           |           |                                                               
|Issuance of common stock for payment                      |            |           |           |                                                               
|of services and intellectual property                     | 0          | 0         | 0         | 3,100                                                         
|                                                          |            |           |           |                                                               
|**Changes in Non-Cash Working Capital**                   |            |           |           |                                                               
|Prepaid expense                                           | 0          | 0         | 5,600     | 0                                                             
|Accounts payable                                          | (25,567)   | 15        | 34,700    | 14,387                                                        
|**Cash Used in Operating Activities**                     | (222,111)  | (29,412)  | (8,917)   | (283,012)                                                     
|**Investing Activity**                                    |            |           |           |                                                               
|Note receivable advance                                   | (1,665)    | (21,008)  | 0         | (22,673)                                                      
|                                                          |            |           |           |                                                               
|**Financing Activities**                                  |            |           |           |                                                               
|Subscriptions Received                                    | 165,000    | 0         | 0         | 165,000                                                       
|Loan received                                             | 40,000     | 0         | 0         | 40,000                                                        
|Advances from stockholders                                | 19,046     | 58,156    | 6,983     | 84,535                                                        
|Issuance of common stock                                  | 0          | 0         | 0         | 25,000                                                        
|**Cash provided by financing activities**                 | 224,046    | 58,156    | 6,983     | 314,535                                                       
|**Effects of Foreign Currency
Translation on Cash**       | (500)      | (614)     | 0         | (1,114)                                                       
|**Cash Inflow (Outflow)**                                 | (230)      | 7,122     | (1,934)   | 7,736                                                         
|**Cash, Beginning of Period**                             | 7,966      | 844       | 2,778     | 0                                                             
|                                                          |            |           |           |                                                               
|**Cash, End of Period**                                   | $7,736     | $7,966    | $844      | $7,736                                                        
|                                                          |            |           |           |                                                               
|******Supplemental Disclosure for Non-Cash Transactions** |            |           |          
|Subscription of common stock for repayment                |            |           |          
|of loan                                                   | $40,000    | $0        | $0        | $40,000                                                       
|Issuance of common stock for payment of                   | ****       |           |           |                                                               
|services and intellectual property                        | $0         | $0        | $0        | $31,000                                                       
|****                                                      |            |           |           |                                                               

****See notes to financial statements.

SAFE ID CORPORATION

(A Development Stage Company)

Notes to Financial Statements

Years Ended December 31, 2002, 2001, 2000 and from June 27, 1996 (Inception) to December
31, 2002

(U.S. Dollars)****

**____________________________________________________________________________**

**1.	ORGANIZATION OF COMPANY**

The Company was incorporated on June 27, 1996 under the laws of the State of Nevada
as Inter N. Corporation.  The Company changed its name to Safe ID Corporation on
September 20, 2000.  The Company is in the development stage as more fully defined in
Statement No. 7 of the Financial Accounting Standards Board.  The Company's head
office is located in Calgary, Canada.****

**2.	OPERATIONS**

The Company switched the focus of its business activities from microchip importing to
oil and gas resource ventures during the year 2002.  Management has not discarded the
microchip importing business at this time.****

**3.	GOING CONCERN**

These financial statements have been prepared by management in accordance with
accounting principles generally accepted in the United States of America on a going
concern basis.  This presumes funds will be available to finance on-going development,
operations and capital expenditures and the realization of assets and the payment of
liabilities in the normal course of operations for the foreseeable future.

The Company has minimal capital resources presently available to meet obligations
which normally can be expected to be incurred by similar companies and has a deficit
accumulated during the development stage of $328,399 (2001 - $131,855).  Subsequent
to December 31, 2002, an agreement with White Energy Corp. to acquire oil and gas
lease holdings expired.  These factors raise doubt about the Company's ability to continue
as a going concern which is dependent on its ability to obtain and maintain an appropriate
level of financing on a timely basis and to achieve sufficient cash flows to cover
obligations and expenses.  The outcome of these matters cannot be predicted.  These
financial statements do not give effect to any adjustments to the amounts and
classification of assets and liabilities which might be necessary should the Company be
unable to continue its operations as a going concern.****

The Company has raised capital of $336,000 through 4 private placements, of which two
were completed subsequent to the year-end (note 13(a) and (b)).  The Company is
currently placing its efforts on raising capital to complete its agreement relating to the
Powder River Leases (note 8).  It is believed the oil and gas venture may be an excellent
investment as a result of the current increases in the price of gas.  If there is insufficient
funding available to pay off the Powder River Leases or there is a problem with the
Leases, the Company will default on the deal at that time.****

**4.	SIGNIFICANT ACCOUNTING POLICIES**

(a)	Loss per share

Loss per share computations are based on the weighted average number of
common shares outstanding during the year.

(b)	Foreign currency translation

Amounts recorded in foreign currency are translated into United States dollars as
follows:

(i)	Monetary assets and liabilities are translated at a rate of exchange in effect
at the balance sheet date; and,

(ii)	Revenues and expenses, at the average rate of exchange for the year.

Gains and losses arising from this translation of foreign currency are excluded
from net loss for the period and accumulated as a separate component of
shareholders' equity (deficiency).****

(c)	Financial instruments

The Company's financial instruments include cash, note receivable, accounts
payable and amounts due to stockholders.  It is management's opinion the
Company is not exposed to significant interest or currency risk associated with
these financial instruments.  The Company is exposed to credit risk regarding its
note receivable (note 5).  The carrying values approximate the fair values of these
financial instruments except the note receivable.****

(d)	Use of estimates

The preparation of the Company's financial statements in conformity with
accounting principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amounts
of assets, liabilities, revenues and expenses, as well as disclosures of contingent
assets and liabilities.  Because of inherent uncertainties in this process, actual
future results could differ from those expected at the reporting date and would
impact future results of operations and cash flows.  Management believes the
estimates are reasonable.********

******5.	NOTE RECEIVABLE**

The 8% note receivable from Advanced ID Corp(formerly known as Avid Canada) was
initially due June 17, 2002 when the loan plus interest would be paid in full.  The
Company and Advanced ID Corp are currently negotiating the loan settlement option due
to Advanced ID Corp's lack of ability to make the full payment.  It is unlikely the
Company will receive the cash payment in the short term (note 13(c)).****

**6.	DUE TO STOCKHOLDERS**

Amounts due to stockholders represent advances from directors and stockholders of the
Company.  These amounts are without interest or stated terms of repayment**.**

****

**7.	COMMON SHARE SUBSCRIPTION RECEIVED**

The Company received $40,000 as a loan to pay for the initial deposits required under the
terms of the Agreement for Sale and Purchase of Prospect and Leases and the Company
agreed to issue 333,333 shares of common stock at a price of $0.12 per share to settle the
loan.  In addition, the Company received $165,000 for issuance of 916,667 units at a price
of $0.18 per unit.  Each unit consists of one share of common stock and one stock purchase
warrant.  The warrants are exercisable at $0.24 within two years from the date the related
shares are issued (note 13(d)).****

**8.	RESOURCE EXPENDITURES**

Pursuant to an agreement in July 2002 with White Energy Corp.  ("White") providing for
the Company to acquire oil and gas lease holdings (the "Leases") in the Northern Powder
River Basin of Montana.  Under the terms of the Agreement, the total Purchase Price for
acquisition of an 82% Net Revenue Interest in the land which covers approximately
91,771 acres (the "Prospect") is $1,286,161 plus 100,000 shares of the Company's
common stock (the "Purchase Price").

As of December 31, 2002, the Company has paid a total of $128,616 cash to White and
contractually owns 100% of the interest in the Leases while White at the same time
reserves an Overriding Royalty Interest in the Leases, resulting in the delivery of an 82%
Net Revenue interest to the Company.  Title to the Leases will not be transferred until the
balance of the payments has been made (note 13(e)).

Subsequent to December 31, 2002, this purchase agreement expired.

****

**9.	RELATED PARTY TRANSACTIONS**

During 2002, the Company paid consulting fees of $13,329 (2001 - $3,606; 2000 - $988)
and rent of $3,060 (2001 - $2,940; 2000 - $2,981) to directors or Companies with a
common director.****

**10.	EQUITY TRANSACTIONS**

(a)	On June 30, 1996, the Company issued 6,000,000 shares of common stock with a
par value of $0.001 each for administrative services valued at $1,000.

(b)	On July 23, 1999, the Company issued 9,000,000 shares of common stock with a
par value of $0.001 each for intellectual property valued at $7,500.  Additional
compensation of $22,500 has been recorded to reflect the fair value of the
common shares issued.  Fair value has been determined as equal to the proceeds
received in a subsequent private placement of an equal number of shares on
September 1, 2000.****

(c)	On September 1, 1999, 9,000,000 shares of common stock with a par value of
$0.001 each were issued for $30,000 cash, less share issue costs of $5,000 for net
cash proceeds of $25,000.

(d)	The Company effected a 2,000-for-1 stock split on October 12, 1999 and a 3-for-1
stock split on September 20, 2000.  All share amounts included in these financial
statements have been adjusted to reflect the effect of the stock splits.

(e)	On January 26, 2001, the Company repurchased 1,416,000 shares of common
stock at no cost and returned the shares into the Company's unissued common
stock.****

**11.	INCOME TAXES**

A provision for income taxes for the years ended December 31, 2002, 2001, 2000 and
1999 has not been recognized as the Company had operating losses for both tax and
financial reporting purposes.  Due to the uncertainty surrounding the timing of realizing
the benefits of its favourable tax attributes in future tax returns, the Company has
recorded a full valuation allowance against its net future tax asset.

The Company has operating losses which may be carried forward to apply against future
years' income for U.S. income tax purposes.  The tax effect has not been recorded in the
financial statements.  These expire as follows:****

|**Available to**     | **Amount**              
|-------------------- | ------------------------
|****                 |                         
|****************2016 | **$1,000**              
|**2018**             | **350**                 
|**2019**             | **51,650**              
|**2020**             | **49,000**              
|**2021**             | **29,400**              
|**2022**             | **195,500**             
|****                 |                         
|                     | ****************$326,900

**12.	COMPREHENSIVE LOSS**

| |  | ****************Period from
| |  | ---------------------------

|                             |                              |                  |                  | ****************June 27, 1996
|---------------------------- | ---------------------------- | ---------------- | ---------------- | -----------------------------
|****                         | **************Year Ended**   | **Year Ended**   | **Year Ended**   | **(Inception) to**           
|****                         | **************December 31,** | **December 31,** | **December 31,** | **December 31,**             
|****                         | ******2002**                 | **2001**         | **2000**         | **2002**                     
|****                         |                              |                  |                  |                              
|****************Net loss     | **$(196,544)**               | **$(29,427)**    | **$(49,217)**    | **$(328,399)**               
|**Other comprehensive loss** | **(455)**                    | **(741)**        | **0**            | **(1,196)**                  
|****                         |                              |                  |                  |                              
|                             | ****************(196,999)    | **(30,168)**     | **$(49,217)**    | **$(329,595)**               

**13.	SUBSEQUENT EVENTS**

(a)	On February 17, 2003, the Company entered into a private placement
acknowledging a subscription of 250,000 shares for which $25,000 was received
in January 2003.  These shares were issued on February 24, 2003.****

(b)	On February 26, 2003, the Company agreed to convert a loan of $96,000 plus
$10,000 interest to a subscription of 2,120,000 shares.

(c)		The Company is negotiating with Advanced ID Corp. to accept stock in lieu of
cash in settlement for the loan outstanding.

(d)	On February 24, 2003, the Company issued 1,250,000 shares subscribed in 2002
(note 7).

(e)	Subsequent to December 31, 2002, the purchase agreement with White expired.
The Company and White are currently negotiating a new payment schedule for the
balance of $1,157,545 relating to oil and gas lease in Montana.****

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

We are a Nevada company with our offices in Canada.  Our auditing firm is Smythe
Ratcliffe, Chartered Accountants, of Canada.  Smythe Ratcliffe is a member of PKF International
Ltd., an international association of independent accounting firms.   Our financial statements have
been prepared in accordance with US GAAP.   We have not had, and do not expect to have
disagreements of any kind  with our auditor as to any item or matter.  However, management has
determined that the best interests of the Company  would be better served by  developing a
relationship with a United States auditing firm in the future.  No action has been taken with respect
to such a change as of the filing of this report.  We would expect to announce any such change
promptly, in accordance with current reporting rules.

PART  III

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

The directors and executive officers currently serving the Company are as follows:

|Name              | Age | Positions Held and Tenure                         
|----------------- | --- | --------------------------------------------------
|Maurizio Forigo   | 37  | President and CEO since September 1999            
|Jack D. MacDonald | 73  | Secretary / Treasurer and CFO since September 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 exists or is contemplated.  There is no arrangement
or understanding between any of the directors or 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.

The directors and officers will devote their time to the Company's affairs on an "as needed"
basis, which, depending on the circumstances, could amount to as little as two hours per month, or
more than forty hours per month, but more than likely will fall within the range of five to ten hours
per month.

Biographical Information

**Maurizio Forigo.**

Maurizio Forigo has an extensive business background in both public and private companies.
His experience includes raising capital, negotiating strategic alliances, marketing strategies, directing
hardware/software development and resource allocation necessary to bring emerging technologies
to market. He was a former national sales coordinator and key account manager for publishers of
legal and tax information. He has over nine years experience in sales, marketing, management,
strategic planning and organizational development.

During the past ten years he has worked for two publishing firms, the first being CCH
Canadian Limited, the publishers of tax and legal information, starting in 1991, where he was
National Accounts Coordinator, with special responsibility for content relations with the major
Canadian accounting firms. Then, in April of 1997, he went to Thomson Professional Publishing,
a similar business. He was Key Account Manager for corporate accounts, managing the top 30
corporations in Canada.

**Jack D. MacDonald.**

Mr. MacDonald was a director of Global Media from November 1997 to October 2002.  He
was also Chairman of its audit and compensation committees.  Mr. MacDonald was a director of
TKO Resources, Inc., a publicly traded mining exploration company located in Vancouver, B.C.,
from May 1996 to September 1997.   From May 1990 to October 1996 he was the President, CEO
and a director of Salus Resources Corp. and of its predecessor Arapahoe Mining Corp., a publicly
traded mining exploration company located in Vancouver, B.C.

Compliance With Section 16(a) of the Exchange Act.

The Company's officers, directors and 10% owners have each filed an Annual Statement of
Changes in Beneficial Ownership on Form 5.

ITEM 10.   EXECUTIVE COMPENSATION.

There is no present program of executive compensation. Officers and directors serve without
fixed or established compensation at present.   Management feels that the sums paid to directors and
officers and recorded in the financial statements as consulting expenses are reasonable estimates for
services provided at the current level of operations, and therefore, in compliance with SAB:1:B:1.
Expenses incurred by the officers and directors on behalf of Safe ID Corporation have been fully
reimbursed, and are recorded in the financial statements as operating expenses, in compliance with
SAB 5:T.

There are no deferred compensation arrangements, options, bonuses or other forms of
compensation accrued or established.

ITEM 11.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The following table sets forth, as of the end of the Company's most recent fiscal year, the
number of shares of Common Stock owned of record and beneficially by executive officers, directors
and persons who hold 5.0% or more of the outstanding Common Stock of the Company.  Also
included are the shares held by all executive officers and directors as a group.

|Name and Address                                                                       | Number of Shares Owned
Beneficially | Percent of Class
Owned
|-------------------------------------------------------------------------------------- | ----------------------------------- | ----------------------
|Maurizio Forigo (1)

Suite B3, 1700 Varsity Estates Drive

NW Calgary, Alberta T3B-2W9 | 6,000,000                           | 22.9%                 
|Jack D. MacDonald(1)

Suite B3, 1700 Varsity Estates Drive

NW Calgary, Alberta T3B    | 0                                   | 0                     

|Lance Morginn

3248 W. 1st Ave.

Vancouver, B.C. V6K 1H5        | 1,900,000 | 7.3% 
|--------------------------------------------------------------- | --------- | -----
|Charles Malette (2)

1550 35th Ave. W.

Vancouver, B.C. V6M 1H2 | 2,652,000 | 10.1%
|All officers and directors as a group (2):                      | 6,000,000 | 22.9%

(1)The person listed is an officer or director, or both.

(2)Mr. Malette is the President of Diamond Investment Exchange, which owns 1,170,000 shares, and thereby claims
beneficial ownership of an additional 1,170,000 shares bringing his total percentage interest in the company to 10.1%.

There are currently no arrangements pending which would result in a change in control of
the issuer.

ITEM 12.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

During 2002, the Company paid consulting fees of $13,329 (2001 - $3,606; 2000 - $988) and
rent of $3,060 (2001 - $2,940; 2000 - $2,981) to directors or Companies with a common director.

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

The Exhibits listed below are incorporated by reference.



3.1	Articles of Incorporation (incorporated by reference from annual report on Form 10-SB filed
with the Securities and Exchange Commission on March 6, 2000).

3.2	Bylaws (incorporated by reference from Registration Statement on Form 10-SB filed with
the Securities and Exchange Commission on March 6, 2000).

4.1	Specimen Stock Certificate (incorporated by from Form 10-KSB filed with the Securities and
Exchange Commission on March 27, 2002.).

- Exhibits 99.1 and 99.2,  CERTIFICATION PURSUANT TO SECTION 302 OF THE
SARBANES-OXLEY ACT OF 2002 are filed herewith.

(b)	A current report on Form 8-K was filed by the Company  with the Securities and Exchange
Commission on September 19, 2002, to announce the resignation of one director  and the
appointment of a new director.



ITEM 14.	CONTROLS AND PROCEDURES

The Company's Chief Executive Officer and Chief Financial Officer (or those persons
performing similar functions), after evaluating the effectiveness of the Company's disclosure
controls and procedures (as defined in Rules 13a-14(c) and 15d-14(c) under the Securities Exchange
Act of 1934, as amended) as of a date within 90 days of the filing of this annual report (the
"Evaluation Date"), have concluded that, as of the Evaluation Date, the Company's disclosure
controls and procedures were effective to ensure the timely collection, evaluation and disclosure of
information relating to the Company that would potentially be subject to disclosure under the
Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
There were no significant changes in the Company's internal controls or in other factors that could
significantly affect the internal controls subsequent to the Evaluation Date.

**SIGNATURES**

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

**SAFE ID CORPORATION**

By: /S/ MAURIZIO FORIGO

Maurizio Forigo, President and a Director

By: /S/ JACK D. MACDONALD

Jack D. MacDonald, Chief Financial Officer and a Director

Date: March 26, 2003



Exhibit 99.1
SAFE ID CORPORATIONCERTIFICATION PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I,Maurizio Forigo, certify that:

1.  I have reviewed this annual report on Form 10-KSB of Safe ID Corporation.

2.  Based on my knowledge, this annual report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the
period covered by this annual report;

3.  Based on my knowledge, the financial statements, and other financial information included in
this annual report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this annual
report;

4.  The registrant's other certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

a) designed such disclosure controls and procedures to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this annual report is
being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a
date within 90 days prior to the filing date of this annual report (the "Evaluation Date");
and

c) presented in this annual report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;

5.  The registrant's other certifying officers and I have disclosed, based on our most recent
evaluation, to the registrant's auditors and the audit committee of registrant's board of directors
(or persons performing the equivalent functions):

a) all significant deficiencies in the design or operation of internal controls which could
adversely affect the registrant's ability to record, process, summarize and report financial
data and have identified for the registrant's auditors any material weaknesses in internal
controls; and

b) any fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant's internal controls; and

6.  The registrant's other certifying officers and I have indicated in this annual report whether
there were significant changes in internal controls or in other factors that could significantly
affect internal controls subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material weaknesses.

|Date: March 26, 2003 | By: /S/ MAURIZIO FORIGO

Maurizio Forigo, President and Director
|-------------------- | ----------------------------------------------------------------





Exhibit 99.2
SAFE ID CORPORATIONCERTIFICATION PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I,Jack D. MacDonald, certify that:

1.  I have reviewed this annual report on Form 10-KSB of Safe ID Corporation.

2.  Based on my knowledge, this annual report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the
period covered by this annual report;

3.  Based on my knowledge, the financial statements, and other financial information included in
this annual report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this annual
report;

4.  The registrant's other certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
registrant and have:

a) designed such disclosure controls and procedures to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this annual report is
being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a
date within 90 days prior to the filing date of this annual report (the "Evaluation Date");
and

c) presented in this annual report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;

5.  The registrant's other certifying officers and I have disclosed, based on our most recent
evaluation, to the registrant's auditors and the audit committee of registrant's board of directors
(or persons performing the equivalent functions):

a) all significant deficiencies in the design or operation of internal controls which could
adversely affect the registrant's ability to record, process, summarize and**report financial**data and have identified for the registrant's auditors any material weaknesses in internal
controls; and****

************b) any fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant's internal controls; and

6.  The registrant's other certifying officers and I have indicated in this annual report whether
there were significant changes in internal controls or in other factors that could significantly
affect internal controls subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material weaknesses.

|Date: March 26, 2003 | By:/S/ JACK D. MACDONALD

Jack D. MacDonald, Chief Financial Officer and Director
|-------------------- | ---------------------------------------------------------------------------------

****