UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-KSB - ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

[X]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934For the 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 0-22349

INTELLIREADY, INC.
Exact Name of Registrant as specified in its Charter)

   Colorado	84-1502078
State or other Jurisdiction of I.R.S. 	Employer Incorporation or
Organization Identification
No.

8400 East Prentiss Ave., Suite 1500   Greenwood Village, Colorado  80111
(Address of Principal Executive Offices)  (Zip Code)

(720) 201-7234
(Registrant's Telephone Number, including Area Code)

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

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

The issuer's revenues for the year ended December 31, 2001 were $-0-

The aggregate market value of the voting stock held by non-affiliates is
$174,265

	Common Stock, no par value	10,683,936
------------------------------                   ---------------------------
	Title of Class 	Number of Shares outstanding
		at May 20, 2002


INTELLIREADY, INC.

INDEX
<TABLE>
<CAPTION>
	PAGE NO
<S>                                                                     <C>

PART I	Item 1. Business

	Item 2. Properties

	Item 3. Legal Proceedings

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

PART II  	Item 5. Market for Registrant's Common Equity and Related
	Stockholder Matters

	Item 6. Management's Discussion and Analysis of
	Financial Condition and Results of Operations

	Item 7. Financial Statements and Supplementary Data

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

PART III 	Item 9. Directors and Executive Officers of the Registrant

	Item 10. Executive Compensation

	Item 11. Security Ownership of Certain Beneficial Owners an
	Management
	Item 12. Certain Relationships and Related Transactions

PART IV 	Item 13. Exhibits, Financial Statement Schedules and
	Reports on Form 8-K
</TABLE>


PART I

THIS ANNUAL REPORT ON FORM 10-KSB (THE "ANNUAL REPORT") CONTAINS CERTAIN
FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 21 OF THE SECURITIES
EXCHANGE ACT OF 1934, AS AMENDED, (THE "EXCHANGE ACT"), INCLUDING STATEMENTS
THAT INDICATE THE COMPANY "BELIEVES", "EXPECTS" AND "ANTICIPATES" OR SIMILAR
EXPRESSIONS.  THESE STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES
AND OTHER FACTORS WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS
OF THE COMPANY TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH
FORWARD-LOOKING STATEMENTS.  READERS ARE CAUTIONED.

ITEM 1. BUSINESS

BACKGROUND AND FORMATION OF INTELLIREADY

IntelliReady, Inc. (formerly known as Wiens Industries, Inc.) was organized
under the laws of the State of Colorado on April 21, 1998.  Our principal
offices are located in Greenwood Village, Colorado and our main telephone
number is (720) 201-7234.  All references to "us", "we", and "our" mean
IntelliReady, Inc. and its wholly owned subsidiary, IntelliReady of Colorado,
Inc. unless otherwise stated.

We were in the development stage as defined in Financial Accounting Standards
Board Statement No. 7 until the acquisition of IntelliReady of Colorado,
formerly known as Time Direct, LLC, a Colorado limited liability company
("Time Direct").  Prior to the acquisition of Time Direct, we had not
commenced operations.

The Company had been a provider of wiring and technology for entertainment,
communication, and data networks to residential and commercial customers (Home
Automation Business).  The Company's plan included the acquisition of home
automation and related companies.  However, the Company could not acquire
companies at reasonable purchase prices.

IROC experienced significant losses during the nine months ended September 30,
2001.  After the events of September 11, 2001, management determined in
October 2001 that the significant losses would continue and the Company exited
the Home Automation Business, and closed its operating subsidiary IntelliReady
of Colorado, Inc.  The Company has attempted to liquidate its assets and is
negotiating with its creditors to settle the amounts owed. The Company's
largest creditor is New West Holdings, LLC, ("NWH") IRDI's venture capital
investor, which is controlled by IRDI Chairman, Thomas J Wiens.

The Company is actively pursuing various business opportunities to acquire or
merge with operating businesses.

On May 18, 2000, we acquired all of the issued and outstanding limited
liability interests of Time Direct, LLC.  Time Direct's principal business was
prewiring homes for integrated communication, audio and video services.
Subsequent to the acquisition, Time Direct was operating under the business
name IntelliReady of Colorado by filing an assumed name with the Colorado
Secretary of State.  On September 18, 2000 IntelliReady of Colorado became a
corporation by filing articles of incorporation with the Colorado Secretary of
State.  All of the membership interests in Time Direct were contributed as an
initial capital contribution to IntelliReady of Colorado, Inc. Time Direct was
subsequently dissolved.

In July 2000, we entered into negotiations with Pan Western Energy
Corporation, an Oklahoma corporation ("PWEC"), concerning a possible reverse
triangular merger.  At that time, PWEC was a public reporting company, which
operated in the oil and gas industry.  PWEC was incorporated in 1981 under the
laws of the State of Oklahoma with the objective of exploring for, developing,
producing, and managing oil and gas reserves.

PWEC was not successful in that business and sold substantially all of its
assets related to the oil and gas business on September 28, 2000 to its
principal creditor.  On August 30, 2000, PWEC created a wholly owned
subsidiary, Pan Western Acquisition Corporation ("PWAC").  On October 4, 2000,
IntelliReady, Inc. and its wholly owned subsidiary, IntelliReady of Colorado,
Inc. ("IROC") merged into PWAC.  As a result of that merger, IntelliReady,
Inc. ceased to exist.  On November 2, 2000, PWEC created a wholly owned
subsidiary, IntelliReady, Inc., a Colorado corporation.  On November 11, 2000,
PWEC merged with its wholly owned subsidiary, IntelliReady, Inc.  The
surviving entities in this transaction are IntelliReady, Inc., PWAC and
IntelliReady of Colorado, Inc.  The purpose of this merger was to change our
name back to IntelliReady, to effectuate an 8.25780933 reverse stock split and
to redomesticate the Company in Colorado.

Under the terms of the Merger Agreement and Plan of Reorganization dated
August 25, 2000, our shareholders received 81,201,789 shares of PWEC common
stock or approximately 95% of the outstanding common stock.

STRATEGY

The Company had been a provider of wiring and technology for entertainment,
communication, and data networks to residential and commercial customers (Home
Automation Business).  The Company's plan included the acquisition of home
automation and related companies.  However, the Company could not acquire
companies at reasonable purchase prices.

IROC experienced significant losses during the nine months ended September 30,
2001.  After the events of September 11, 2001, management determined in
October 2001 that the significant losses would continue and the Company exited
the Home Automation Business, and closed its operating subsidiary IntelliReady
of Colorado, Inc.  The Company has attempted to liquidate its assets and is
negotiating with its creditors to settle the amounts owed. The Company's
largest creditor is New West Holdings, LLC, ("NWH") IRDI's venture capital
investor, which is controlled by IRDI Chairman, Thomas J Wiens.

The Company is actively pursuing various business opportunities to acquire or
merge with operating businesses.

PRINCIPAL OPERATING COMPANIES

We have one wholly owned, non-operational subsidiary: PWAC, a Colorado
corporation.  PWAC recorded no transactions during the 2000 and 2001 periods
and therefore, has no financial operations.  PWAC has one wholly owned
subsidiary which constitutes the Company's principal operating company:
IntelliReady of Colorado, Inc., a Colorado corporation ("IROC").  IROC ceased
operations in October 2001.  IROC focused primarily on developing residential
accounts for deployment of structured wiring solutions, security system
installation and monitoring and sale of audio and visual equipment to single
family homes and multi-family dwelling units.

POSSIBLE FUTURE ACQUISITIONS

In connection with our refocusing, we may pursue acquisitions.

EMPLOYEES

We had no employees at December 31, 2001.



RISK FACTORS

WE HAD OPERATING LOSSES IN THE PAST, OUR LIABILITIES EXCEEDED OUR ASSETS, AND
THERE IS NO GUARANTEE THAT WE WILL BE PROFITABLE.

We had a net loss of $(2,024,376) and $(1,263,495) for the periods ended
December 31, 2001 and 2000, respectively.  Additionally, as discussed in
Background and Formation we have exited our primary business, the Home
Automation Business.  Further, our liabilities exceeded our assets by
$2,449,547.  Our future operations may not be profitable.  If we do not become
profitable in the future, the value of our common stock may fall and we could
have difficulty obtaining funds to continue our operations.  We expect to
continue incurring losses during the foreseeable future while we refocus our
operations.

WE MAY EXPERIENCE DIFFICULTIES DEVELOPING AND IMPLEMENTING OUR MARKETING AND
BUSINESS PLANS.

We began operations in 2000.  We have exited our primary business, and we are
refocusing our Company.  As a result, our operating, sales and management and
other strategies need to be developed, and we do not have a history that may
give us an indication of how we may respond to situations presented to us.  If
we are not successful in refocusing on a timely basis or otherwise effectively
managing our development, our business, operating results and financial
condition will be materially adversely affected.

THE SUCCESSFUL COMPLETION OF ANY STRATEGIC INVESTMENTS AND BUSINESS
COMBINATIONS MAY REQUIRE SUBSTANTIAL CAPITAL AND THE INTEGRATION OF THE
ACQUIRED BUSINESS.

We may pursue one or more acquisitions of companies engaged in businesses
similar to or related to our refocused business, which has not been determined
yet.  As consideration for such acquisitions, we may be required to incur
additional indebtedness or issue equity.  We may not be able to obtain such
financing on favorable terms or at all.  In addition, we may from time to time
engage in discussions with potential business partners looking toward
formation of business combinations or strategic alliances that would expand
the reach of our services.  We also may look to potential strategic investors
who may have an interest in making an investment in us.  Such acquisitions,
combinations, or alliances, if consummated, could divert our resources and our
management's time, and would require integration with our existing services.
We may not be successful in completing any acquisitions, combinations, or
alliances or, if consummated, these transactions may not be on terms favorable
to us or successfully integrated into our operations.

WE DEPEND ON THE AVAILABILITY OF SKILLED LABOR WHICH IS DIFFICULT TO ATTRACT
AND RETAIN.

Our refocusing will likely include plans to rapidly grow, and our future
success will depend to a significant extent upon our ability to attract, train
and retain skilled technical, management, sales, marketing and consulting
personnel.  Competition for skilled personnel is intense.  We may not be
successful in attracting and retaining the personnel necessary to conduct our
business successfully.  If we are unable to attract, hire, assimilate, and
retain such personnel, it could have a material adverse effect on our
business, financial condition, and results of operations.


OUR COMMON STOCK IS SUBJECT TO PENNY STOCK REGULATION.

The Securities and Exchange Commission (the "SEC") has adopted rules that
regulate broker-dealer practices in connection with transactions in "penny
stocks."  Generally, penny stocks are equity securities with a price of less
than $5.00 (other than securities registered on national securities exchanges
or quoted on the NASDAQ system).  While our shares are trading for less than
$5 per share, the shares will be subject to the SEC's penny stock rules unless
(1) our net tangible assets exceed $5,000,000 during our first three years of
continuous operations or $2,000,000 after our first three years of continuous
operations; or (2) we have had average revenue of at least $6,000,000 for the
last three years.  The penny stock rules require a broker-dealer, prior to a
transaction in a penny stock not otherwise exempt from the rules, to deliver a
standardized risk disclosure document prescribed by the SEC that provides
information about penny stocks and the nature and level of risks in the penny
stock market.  The broker-dealer also must provide the customer with current
bid and offer quotations for the penny stock, the compensation of the broker-
dealer and its salesperson in the transaction and monthly account statements
showing the market value of each penny stock held in the customer's account.
In addition, the penny stock rules require that prior to a transaction in a
penny stock not otherwise exempt from those rules, the broker-dealer must make
a special written determination that the penny stock is a suitable investment
for the purchaser and receive the purchaser's written agreement to the
transaction.  These requirements may have the effect of reducing the level of
trading activity in the secondary market for a stock that becomes subject to
the penny stock rules.  As long as the common stock is subject to the penny
stock rules, shareholders may find it difficult to sell their common stock.

A BLOCK OF OUR STOCK IS OWNED BY INSIDERS.

As of May 20, 2002, our current officers and directors, as a group, together
with their affiliates, beneficially owned approximately 65.3 of our stock.
Accordingly, these stockholders will have substantial influence over our
policies and management.

WE HAVE NOT PAID DIVIDENDS AND DO NOT EXPECT TO DO SO IN THE FORESEEABLE
FUTURE, SO OUR STOCKHOLDERS WILL NOT BE ABLE TO RECEIVE A RETURN ON THEIR
INVESTMENT WITHOUT SELLING THEIR SHARES.

We have not paid dividends since our inception and do not expect to in the
foreseeable future, so our stockholders will not be able to receive a return
on their investments without selling their shares.  We presently anticipate
that all earnings, if any, will be retained for development of our business.
Any future dividends will be subject to the discretion of the board of
directors and will depend on, among other things, future earnings, our
operating and financial condition, our capital requirements, and general
business conditions.

THE MARKET PRICE OF OUR COMMON STOCK COULD BE ADVERSELY AFFECTED BY SALES OF
SUBSTANTIAL AMOUNTS OF COMMON STOCK IN THE PUBLIC MARKET OR THE PERCEPTION
THAT SUCH SALES COULD OCCUR.


As of May 31, 2002, we had 10,683,936 shares of common stock outstanding.  The
market price of our common stock could be adversely affected by sales of
substantial amounts of common stock in the public market or the perception
that such sales could occur.

ITEM 2. DESCRIPTION OF PROPERTIES

Our principal offices are located in the Denver, Colorado metropolitan area.
As we have exited our primary business, we rent a nominal amount of space
under a monthly agreement, at a current annual base rental of approximately
$4,000.

ITEM 3. LEGAL PROCEEDINGS

On February 8, 2001 we entered into an agreement with Michael D. Murdock and
Yolanda Hoff, the founders of Time Direct, to terminate their employment,
extinguish all obligations between the parties, and resolve all past and
present disputes with a mutual, legal release.  In the agreement we gave up
all rights to the name Time Direct and the Enhanced Living website.  We were
not using either of those assets and had no intention of doing so in the
foreseeable future.  The parties to the agreement are free to contact and
solicit any of our customers; however, Mr. Murdock and Ms. Hoff have agreed
not to solicit for employment any of our current employees except the two
employees who previously worked for Mr. Murdock and Ms. Hoff at Time Direct.
We agreed to transfer two vans that were previously owned by Time Direct and
pay $60,000 in exchange for cancellation of a $200,000 promissory note and two
four-year employment contracts, with base annual salaries of $100,000.  These
employment agreements had approximately three and one-fourth (3.25) years
remaining and required us to grant significant stock options to Mr. Murdock
and Ms. Hoff.  We maintain rights and obligations to all remaining assets and
liabilities originally acquired in the acquisition of Time Direct.  Further,
Mr. Murdock and Ms. Hoff agreed that they are not entitled to any stock or
stock options except for the aggregate 40,000 shares of our stock that they
currently own.  We believe this was a positive resolution of this dispute.

On October 4, 2001 Scott B. Campbell, the previous President and CEO filed
suit against the Company and certain officers and directors alleging that the
Company constructively terminated him without cause.  The Company believes
that the claim is without merit.

On October 15, 2001 Donald Grahek, a previous employee filed suit against the
Company and certain officers and directors relating to his dismissal, alleging
that the Company did not pay him pursuant to an alleged contract.  The Company
believes that the claim is without merit.

In connection with exiting the Home Automation Business, suits have been filed
primarily in connection with collection matters. The Company has accrued for
any potential claims.

Additionally, we may be subject to legal proceedings and claims that arise in
the ordinary course of business.  We are not currently aware of any such
proceeding.  The Company has accrued for any potential claims.

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

No items were submitted to a vote of the security holders.

PART II

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

Until May 15, 2000, shares of our predecessor company, PWEC, were traded on
the Over-the-Counter Bulletin Board ("OTC:BB") under the symbol "PWEC".
PWEC's stock was delisted from the OTC:BB on May 15, 2000 because of PWEC's
failure to comply with Rule 15c2-11 and the provisions of the Securities and
Exchange Act of 1934 generally. We have since complied with those reporting
requirements, changed our symbol to "IRDI" and are currently quoted on the
OTC:BB.

High and low prices reported below are from the OTC:BB and reflect inter-
dealer prices, without retail mark-ups, markdowns or commissions and may not
necessarily represent actual transactions.

<TABLE>
<CAPTION>
Quarter Ended:	HIGH	LOW
----------------------------------------	------	-----
<S>	<C>	<C>

March 31, 2000	(1)	(1)
June 30, 2000	(1)	(1)
September 30, 2000	(1)	(1)
December 31, 2000	(1)	(1)
March 31, 2001	$2.125	$1.625
June 30, 2001	$2.80	$1.11
September 30, 2001	$2.35	$0.55
December 31, 2001	$0.55	$0.05
March 31, 2002	$0.07	$0.04

</TABLE>

(1)  Due to the fact we commenced operations on May 18, 2000 with the
acquisition of Time Direct, the reverse merger with our predecessor company,
PWEC, was not consummated until October 4, 2000 and our common stock was
delisted for periods including the second quarter through the end of 2000 and
was not traded again until March 2, 2001, no trading information is presented
for those periods.  On March 21, 2001 the closing bid and ask price for our
common stock was 1 5/8 and 2 1/8, respectively.

We have not paid dividends since our inception and do not expect to in the
foreseeable future, so our stockholders will not be able to receive a return
on their investments without selling their shares.  We presently anticipate
that all earnings, if any, will be retained for development of our business.
Any future dividends will be subject to the discretion of the board of
directors and will depend on, among other things, future earnings, our
operating and financial condition, our capital requirements, and general
business conditions.


ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

GENERAL

Plan of Operations

The Company had been a provider of wiring and technology for entertainment,
communication, and data networks to residential and commercial customers (Home
Automation Business).  The Company's plan included the acquisition of home
automation and related companies.  However, the Company could not acquire
companies at reasonable purchase prices.

IROC experienced significant losses during the nine months ended September 30,
2001.  After the events of September 11, 2001, management determined in
October 2001 that the significant losses would continue and the Company exited
the Home Automation Business, and closed its operating subsidiary IntelliReady
of Colorado, Inc.  The Company has attempted to liquidate its assets and is
negotiating with its creditors to settle the amounts owed. The Company's
largest creditor is New West Holdings, LLC, ("NWH") IRDI's venture capital
investor, which is controlled by IRDI Chairman, Thomas J Wiens.

The Company is actively pursuing various business opportunities to acquire or
merge with operating businesses.

Expected Increases in Employees

The Company currently has no employees.  If the Company is successful in its
acquisition strategy it expects to significantly increase the number of
employees over the next twelve months.  It is anticipated that most of its
labor needs will be met by existing employees of acquired businesses.

RESULTS OF OPERATIONS

While in the Home Automation Business the Company realized significant
revenues growth, but continuously experienced unsatisfactory gross margins as
a result of the constant need to deploy crews to wrap up substantially
completed jobs.  The Company had implemented new processes to improve this
situation in current and future contracts and believes that this would have
minimized the problem.  Additionally, the Company had invested in an
infrastructure to do a roll up in the Home Automation Business.  Because of
market and other conditions, the Company did not close on any acquisitions in
2001.  As such, in August 2001, the Company eliminated a number of positions
to right size its SG&A structure.


CAPITAL EXPENDITURES

The Company incurred capital expenditures for tenant finish, computer
equipment, tools and vehicles, and other office equipment.  Capital
expenditures totaled $98,002 and $53,027 for the periods ended December 31,
2001 and 2000, respectively.

CAPITAL RESOURCES

The Company had received financings under a line of credit ("LOC") agreement
dated February 14, 2001 with NWH.  The terms of this LOC state that the
amounts drawn under the line are payable on demand and carry an interest rate
of ten percent (10%); provided that the interest rate may be adjusted in the
event the prime rate increases.

During 2001, our capital resources have been provided primarily through a line
of credit with NWH of $124,928 and a note payable to Compass Bancshares, Inc.
of 1,650,000, which was guaranteed by NWH.  The LOC is secured by a first lien
on all assets of the Company.  The Company repaid $1,633,843 to Compass and
has an outstanding balance payable to NWH of $1,778,978.

LIQUIDITY

The ability to satisfy our obligations depends in great part upon our securing
short and long-term financing.  We are currently in discussions with other
financial institutions to provide additional funding.  There is no assurance
that short and long-term financing can be obtained to fulfill our capital
needs.  Without the short or long-term financing, we will need to look for
other sources of capital.

IMPACT OF RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

The Financial Accounting Standards Board (FASB) has recently issued Statement
of Financial Accounting Standards (SFAS) No. 141, Business Combinations, SFAS
No. 142, Goodwill and Other Intangible Assets, SFAS No. 143, Accounting for
Asset Retirement Obligations and SFAS No. 144, Accounting for the Impairment
or Disposal of Long-Lived Assets.

SFAS No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets,
is effective for the Company for the fiscal year beginning January 1, 2002,
and addresses accounting and reporting for the impairment or disposal of long-
lived assets. SFAS No. 144 supersedes SFAS No. 121, Accounting for the
Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of
and APB Opinion No. 30, Reporting the Results of Operations-Reporting the
Effects of Disposal of a Segment of a Business. SFAS No. 144 retains the
fundamental provisions of SFAS No. 121 and expands the reporting of
discontinued operations to include all components of an entity with operations
that can be distinguished from the rest of the entity and that will be
eliminated from the ongoing operations of the entity in a disposal
transaction. The Company estimates that the new standard will not have a
material impact on its financial statements but is still in the process of
evaluating the impact on its financial statements.

SFAS No. 143, Accounting for Asset Retirement Obligations, addresses
accounting and reporting for obligations associated with the retirement of
tangible long-lived assets and the associated asset retirement costs. SFAS No.
143 will be effective for the Company for the fiscal year beginning January 1,
2002 and early adoption is encouraged. SFAS No. 143 requires that the fair
value of a liability for an asset's retirement obligation be recorded in the
period in which it is incurred and the corresponding cost capitalized by
increasing the carrying amount of the related long-lived asset. The Company
estimates that the new standard will not have a material impact on its
financial statements but is still in the process of evaluating the impact on
its financial statements.

SFAS No. 141, Business Combinations, requires the use of the purchase method
of accounting for all business combinations initiated after June 30, 2001.
SFAS No. 142, Goodwill and Other Intangible Assets, addresses accounting for
the acquisition of intangible assets and accounting for goodwill and other
intangible assets after they have been initially recognized in the financial
statements, which is effective for fiscal years beginning after December 15,
2001; however, certain provisions of this Statement apply to goodwill and
other intangible assets acquired between July 1, 2001 and the effective date
of SFAS 142.  The adoption of SFAS 141 and 142 had no effect on the Company's
current financial statements.

Major provisions of these Statements and their effective dates for the Company
are as follows:

	All business Combinations initiated after June 30, 2001 must use the
purchase method of accounting, with the pooling of interest method of
accounting prohibited.

	Intangible assets acquired in a business combination must be recorded
separately from goodwill if they arise from contractual or other legal rights
or are separable for the acquired entity.

	Goodwill, as well as intangible assets with indefinite lives, acquired
after June 30, 2001, will not be amortized.  In the year of adoption, all
previously recognized goodwill and intangible assets with indefinite lives
would no longer be subject to amortization.

	Goodwill, tested by business segment and intangible assets with
indefinite lives will be tested for impairment annually and whenever there is
an impairment indicator.

The Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin
(SAB) 101, Revenue Recognition in Financial Statements, in December 1999. The
SAB summarizes certain of the SEC staff's views in applying generally accepted
accounting principles to revenue recognition in financial statements. In June
2000, the SEC issued SAB 101B, which delays the implementation date of SAB 101
until no later than the fourth fiscal quarter of fiscal years beginning after
December 15, 1999. The adoption of the SAB did not impact the Company's
financial statements.




ITEM 7.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

INDEX TO FINANCIAL STATEMENTS


	PAGE
	----
INTELLIREADY, INC. AND SUBSIDIARY


Independent Auditors' Report	F-2

Consolidated Financial Statements:
	Balance Sheet	F-3

	Statements of Operations	F-4

	Statement of Changes in Stockholders' Equity (Deficit)   	F-5

	Statements of Cash Flows	F-6

	Notes to Consolidated Financial Statements  	F-7

F-1


AJ. ROBBINS, PC.
CERTIFIED PUBLIC ACCOUNTANTS
AND CONSULTANTS
3033 EAST 1ST AVENUE
SUITE 201
DENVER, COLORADO 80206


INDEPENDENT AUDITORS' REPORT

To the Board of Directors and Stockholders
  of IntelliReady, Inc.
Greenwood Village, Colorado

We have audited the accompanying consolidated balance sheet of IntelliReady,
Inc. and Subsidiary as of December 31, 2001, and the related consolidated
statements of operations, changes in stockholders' equity (deficit), and cash
flows for the year then ended and for the period from May 18, 2000 to December
31, 2000.  These consolidated financial statements are the responsibility of
the Company's management.  Our responsibility is to express an opinion on
these consolidated financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards in the United States of America.  Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the
consolidated 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 consolidated financial statements referred to above
present fairly, in all material respects, the consolidated financial position
of IntelliReady, Inc. and Subsidiary as of December 31, 2001, and the
consolidated results of its operations and their cash flows for the year then
ended and for the period from May 18, 2000 to December 31, 2000, in conformity
with generally accepted accounting principles in the United States of America.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern.  As discussed in Note 1 to the
financial statements, the Company has recently ceased operations of its
operating subsidiary, IntelliReady of Colorado, and has a working capital
deficit and a capital deficit.  Its ability to continue as a going concern is
dependent upon its ability to develop additional sources of capital and
ultimately achieve profitable operations.  These conditions raise substantial
doubt about its ability to continue as a going concern.  The financial
statements do not include any adjustments that might result from the outcome
of this uncertainty.


							AJ. Robbins, P.C.
								Certified Public Accountants
									And Consultants

Denver, Colorado
May 13, 2002
F-2



<Table> <Caption>
INTELLIREADY, INC.
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2001

<S>	<C>
ASSETS

CURRENT ASSETS:
Cash	$350

IDLE EQUIPMENT, net	130,804
	-------------
Total Assets	$131,154
	=============
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
Accrued interest, related party	  $55,689
Accounts payable and accrued expenses	618,646
Equipment notes payable, in default	111,231
	-------------
Total Current Liabilities	785,566

LONG-TERM DEBT	16,157
LONG-TERM DEBT, related party	1,778,978
	-------------
Total Liabilities	2,580,701
	-------------
COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY (DEFICIT):
Preferred stock, no par value, 10,000,000
shares authorized - none issued
Common stock, no par value, 65,000,000
shares authorized - 10,683,936 shares
issued and outstanding	2,139,726
Contributed capital	58,598
Accumulated (deficit)	(4,647,871)
	-------------
Total Stockholders' Equity (Deficit)	(2,449,547)
	-------------
Liabilities and Stockholders' Equity	$131,154
	=============
</Table>
SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

F-3


INTELLIREADY, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS

<Table> <Caption>		FOR THE
		FOR THE	 PERIOD FROM
		YEAR ENDED	MAY 18, 2000 TO
		DECEMBER 31,	 DECEMBER 31,
		2001	2000
	-----------	-----------
<S>	<C>	<C>
REVENUES:
Net sales	$         --	$        --
Interest and other	6,438	27,701
	------------	-----------
	Total Revenues	6,438	27,701
	------------	-----------

COSTS AND EXPENSES:
General and administrative	391,309	596,260
Interest expense	81,325	50,053
	------------	-----------
	Total Costs and Expenses	472,634	646,313
	------------	-----------
(LOSS) FROM CONTINUING OPERATIONS	(466,196)	(618,612)
	------------	-----------
DISCONTINUED OPERATIONS:
(Loss) from operations of discontinued
subsidiary (less applicable taxes of $-0-)	(1,558,180)	(644,883)
	------------	-----------
TOTAL (LOSS) FROM DISCONTINUED OPERATIONS	(1,558,180)	(644,883)
	------------	-----------
NET (LOSS)	$(2,024,376)	$(1,263,495)
	============	============

NET (LOSS) PER SHARE - BASIC AND DILUTED:
Continuing operations	$     (0.04)	$     (0.06)
Discontinued operations:
Loss from operations	(0.15)	(0.07)
	------------	------------
	$     (0.19)	$     (0.13)
	============	============

WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING - BASIC AND DILUTED	10,618,929	9,802,626
	============	============
</Table>
SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

F-4



<PAGE>
<TABLE><CAPTION>

INTELLIREADY, INC.
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
FOR THE YEAR ENDED DECEMBER 31, 2001 AND THE PERIOD MAY 18, 2000 TO DECEMBER 31, 2000

                                                                      STOCK
	COMMON STOCK	SUBSCRIPTION	CONTRIBUTED	ACCUMULATED
	SHARES	AMOUNT	RECEIVABLE	CAPITAL	(DEFICIT)	TOTAL
		-----------	-----------	-----------	-----------	-----------	----------
<S>	<C>	<C>	<C>	<C>	<C>
BALANCES, MAY 18, 2000	9,000,000	$  500,000	$ (500,000) 	$      --	$(574,261)	$(574,261)

Payment for stock
subscription	--	--	500,000 	--   	-- 	500,000

Payments to related parties	--	--	--	-- 	(785,739)	(785,739)


Contributed capital, services	--	--	--	52,848	--	52,848

Contributed capital, cash	--	--	--	5,750	--	5,750

Stock issued for debt to
Time Direct, LLC	40,000	60,000	--	--	--	60,000

Stock issued for services	126,935	180,652	--	--	--	180,652

Stock issued in private
placements, net of
offering costs of $83,850	834,649	1,168,075	--	--	--	1,168,075

Stock issued in reverse
merger with PanWestern
Energy Corp.	487,332	230,999	--	--	--	230,999

Net (loss)	--	--	--	--	(1,263,495) 	(1,263,495)
		-----------	-----------	-----------	-----------	-----------	----------
BALANCES, DECEMBER 31, 2000	10,488,916	2,139,726	--	58,598	(2,623,495)	(425,171)

Additional stock issued
for services	195,020	--	--	--	--	--

Net (loss)	--	--	--	--	(2,024,376)	(2,024,376)
		-----------	-----------	-----------	-----------	-----------	-----------

BALANCES, DECEMBER 31, 2001	10,683,936	$ 2,139,726	$        --	$    58,598	$(4,647,871)	$(2,449,547)
		===========	===========	===========	===========	===========	===========

</TABLE>
SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

F-5



INTELLIREADY, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS

<Table> <Caption>
		FOR THE
		FOR THE	PERIOD FROM
		YEAR ENDED	MAY 18, 2000 TO
		DECEMBER 31,	 DECEMBER 31,
		2001	2000
	------------	-----------
<S>	<C>	<C>
CASH FLOWS FROM (TO) OPERATING ACTIVITIES:
Net (loss)	$ (2,024,376)	$(1,263,495)
Adjustments to reconcile net (loss) to
 net cash from operating activities:
Depreciation and amortization	119,642	20,046
(Loss) on disposition of subsidiary	222,088	--
Stock issued for services	--	180,652
Contributed capital for services	--	52,848
Changes in assets and liabilities:
Accounts receivable	115,139	(47,514)
Other assets	38,150	(38,150)
Inventory	97,161	(97,161)
Payable, related parties	(6,000)	(1,500)
Accrued expenses, related party	55,689	--
Accounts payable and accrued expenses	194,643	399,793
Deferred revenues	(13,202)	13,202
Deferred rent	(23,667)	23,667
	------------	------------
	Net Cash (Used) by Operating Activities	(1,224,733)	(757,612)
	------------	------------

CASH FLOWS FROM (TO) INVESTING ACTIVITIES:
Cash acquired - acquisition of subsidiary	--	23,275
Cash acquired - reverse merger	--	230,999
Purchase of equipment	(98,002)	(53,027)
	------------	 ------------
	Net Cash Provided (Used) by
	Investing Activities	(98,002)	201,247
	------------	------------
CASH FLOWS FROM (TO) FINANCING ACTIVITIES:
Payment of notes payable and long-term debt	(394,992)	(4,433)
Proceeds from bank note payable	1,650,000	--
Payment of bank note payable	(1,633,843)	(500,000)
Payment of long-term debt, Time Direct, LLC	--	(15,000)
Payment of capital lease obligations	(81,328)	(39,488)
Proceeds from related party note payable	1,778,978	--
Payment of related party debt	(173,000)	--
Proceeds from loans payable vehicles	111,231	--
Sale of common stock	--	1,203,175
Payment of offering costs	--	(27,600)
Cash contributed by stockholder	--	5,750
	------------	------------
Net Cash Provided by Financing Activities	1,257,046	622,404
	------------	------------
INCREASE/(DECREASE) IN CASH	(65,689)	66,039

CASH, beginning of period	66,039	--
	------------	------------
CASH, end of period	$350	$66,039
	============	============
See Note 12
</Table>
SEE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
F-6

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

History
Wiens Industries, Inc. was organized under the laws of the State of Colorado
on April 21, 1998. It was in the development stage as defined in Financial
Accounting Standards Board Statement No. 7 until the May 2000 acquisition of
IntelliReady of Colorado (IROC) formerly known as Time Direct, LLC (Time
Direct) (see Note 2).  Prior to the acquisition of Time Direct, Wiens
Industries, Inc. had not commenced operations.

In October 2000 Wiens Industries, Inc. was acquired by Pan Western Energy
Corp. (Pan Western), a public entity in exchange for 81,201,789 shares of Pan
Western.  Prior to the merger, Pan Western previously had operated in the oil
and gas industry and transferred all of its oil and gas properties in exchange
for settlement of its then outstanding liabilities.  Pan Western then changed
its name to IntelliReady, Inc., re-incorporated in Colorado and implemented a
one for 8.25780933 reverse split.  Prior to the merger, Pan Western had
granted warrants to purchase its common stock to one of its lenders.
Concurrent with the merger, the Company granted the lender warrants to
purchase 70,000 shares of the Company's common stock for $7.00 per share and
cancelled all outstanding Pan Western warrants.  For financial reporting
purposes, the acquisition is treated as a reverse merger, whereby Wiens
Industries is treated as the accounting acquirer reporting under the name of
IntelliReady, Inc. (the Company).
Activity
The Company had been a provider of wiring and technology for entertainment,
communication, and data networks to residential and commercial customers (Home
Automation Business).  The Company's plan included the acquisition of home
automation and related companies.  However, the Company could not acquire
companies at reasonable purchase prices.

IROC experienced significant losses during the nine months ended September 30,
2001 and in October 2001 management determined that the significant losses
would continue and the Company exited the Home Automation Business, and closed
its operating subsidiary Intelliready of Colorado, Inc.  The Company has
attempted to liquidate its assets and is negotiating with its creditors to
settle the amounts owed.

The Company is actively pursuing various business opportunities to acquire or
merge with operating businesses.

Going Concern and Management's Plan
The Company has recently discontinued the operations of IROC and has a working
capital deficit and a capital deficit, has minimal cash and is in default of
certain obligations.  Its ability to continue as a going concern is dependent
upon its ability to develop additional sources of capital and ultimately
achieve profitable operations.  These conditions raise substantial doubt about
its ability to continue as a going concern.  The financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.  The Company's financial statements have been presented on the
basis that it is a going concern, which contemplates the realization of assets
and the satisfaction of liabilities in the normal course of business.

F-7

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

The majority stockholder/chief executive officer has provided substantial
funds to sustain operations. His continued financial involvement is required
for the continuation of the going concern.  Management is currently
negotiating with creditors to settle amounts owed.

Management intends to seek out additional sources of debt and equity financing
and to seek merger and acquisition opportunities with profitable operating
companies.

Discontinued Operations
The Company has reported the operations of IROC as discontinued operations.
The Board of the Directors determined that it was in the best interest of the
Company and its Stockholders to cease operations of IROC.

Principles of Consolidation
The accompanying consolidated financial statements include the accounts of the
Company and its wholly owned subsidiary IROC.  All significant intercompany
accounts and transactions have been eliminated in consolidation.

Cash and Cash Equivalents
Cash and cash equivalents consist primarily of cash in banks and highly liquid
investments with original maturities of 90 days or less.

Fair Value of Financial Instruments
Fair value of financial instruments approximate carrying value due to the
short maturity of the instruments.  Fair value of notes payable was based upon
current borrowing rates available for financing with similar maturities.

Income Taxes
The Company uses the liability method of accounting for income taxes pursuant
to Statement of Financial Accounting Standards No. 109.  Under this method,
deferred income taxes are recorded to reflect the tax consequences in future
years of temporary differences between the tax basis of the assets and
liabilities and their financial amounts at year end.

For federal income tax purposes, substantially all expenses must be deferred
until the Company commences business and then they may be written off over a
60-month period.  Therefore, $1,360,000 of net losses incurred in the period
from April 21, 1998 (inception) to May 18, 2000 have not been deducted for tax
purposes and represent a deferred tax asset.  The Company commenced operations
on May 18, 2000.  The Company has a net operating loss of approximately
$3,800,000, which expires in 2021.  The Company is providing a valuation
allowance in the full amount of the deferred tax asset since there is no
assurance of future taxable income.  Tax deductible losses can be carried
forward for 20 years until utilized.

F-8

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Goodwill
Goodwill represents the excess of cost over the fair value of assets acquired
and was being amortized using the straight-line method over 10 years.  The
Company assesses the recoverability of its goodwill whenever adverse events or
changes in circumstances or business climate indicate that expected future
cash flows (undiscounted and without interest charges) for individual business
units may not be sufficient to support recorded goodwill.  If undiscounted
cash flows are not sufficient to support the recorded asset, impairment is
recognized to reduce the carrying value of the goodwill based on the expected
discounted cash flows of the business unit.  Expected cash flows are
discounted at a rate commensurate with the risk involved.  Amortization
expense was $99,654 for the year ended December 31, 2001 and $11,778 for the
period ended December 31, 2000.  As a result of discontinued operations, the
Company wrote down the then remaining value of goodwill to $-0-.

On February 8, 2001 the Company entered into an agreement with Michael D.
Murdock and Yolanda Hoff, the founders of Time Direct, to terminate their
employment, extinguish all obligations between the parties and resolve all
past and present disputes with a mutual, legal release. In the agreement the
Company gave up all rights to the name Time Direct and the Enhanced Living
website. The Company was not using either of those assets and had no intention
of doing so in the foreseeable future. The parties to the agreement are free
to contact and solicit any of the Company's customers; however, Mr. Murdock
and Ms. Hoff have agreed not to solicit for employment any of the Company's
current employees except the two employees who previously worked for Mr.
Murdock and Ms. Hoff at Time Direct. The Company agreed to transfer two vans
that were previously owned by Time Direct and pay $60,000 in exchange for
cancellation of a $200,000 promissory note and two four-year employment
contracts, with base annual salaries of $100,000. The net effect of this
transaction was taken as a write-down to goodwill. These employment agreements
had approximately three and one-fourth (3.25) years remaining and required the
Company to originally grant significant stock options to Mr. Murdock and Ms.
Hoff.  The Company maintains rights and obligations to all remaining assets
and liabilities originally acquired in the acquisition of Time Direct.
Further, Mr. Murdock and Ms. Hoff agreed that they are not entitled to any
stock or stock options except for the aggregate 40,000 shares of our stock
that they currently own.

Impairment of Long Lived Assets
The Company evaluates its long lived assets by measuring the carrying amount
of the assets against the estimated undiscounted future cash flows associated
with them.  At the time such evaluations indicate the future undiscounted cash
flows of certain long lived assets are not sufficient to cover the carrying
value of such assets, the assets are adjusted to their fair values. The
Company has written down the value of goodwill to $-0- and the value of its
equipment to its estimated net realizable value from liquidation.

F-9

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Stock-Based Compensation
The Company accounts for stock based compensation in accordance with the
Financial Accounting Standards Board Statement of Financial Accounting
Standards No. 123 "Accounting for Stock-Based Compensation" (SFAS No. 123).
Under the provisions of SFAS No. 123, companies can either measure the
compensation cost of equity instruments issued under employee compensation
plans using a fair value based method, or can continue to recognize
compensation cost using the intrinsic value method under the provisions of APB
No. 25.  However, if the provisions of APB No. 25 are continued, proforma
disclosures of net income or loss and earnings or loss per share must be
presented in the financial statements as if the fair value method had been
applied.  The Company recognizes compensation costs under the provisions of
APB No. 25 and provides the expanded disclosure required by SFAS No. 123.

In March 2000, the Financial Accounting Standards Board issued Interpretation
No. 44, "Accounting for Certain Transactions Involving Stock Compensation --
an interpretation of Accounting Principles Board (APB) Opinion No. 25" (FIN
44).  FIN 44 clarifies the application of APB Opinion No. 25 including: the
definition of an employee for purposes of applying APB Opinion No. 25, the
criteria for determining whether a plan qualifies as a noncompensatory plan,
the accounting consequence of various modifications to the terms of previously
fixed stock option or awards, and the accounting for an exchange of stock
compensation awards in a business combination.  FIN 44 is effective July 1,
2000, but certain conclusions in FIN 44 cover specific events that occurred
after either December 15, 1998 or January 12, 2000.  The application of FIN 44
did not have a material impact on the Company's results of operations or
financial position.

Reclassification
Certain amounts reported in the Company's financial statements for the year
ended December 31, 2000 have been reclassified to conform to the current year
presentation.

Recently Issued Accounting Pronouncements
The Financial Accounting Standards Board (FASB) has recently issued Statement
of Financial Accounting Standards (SFAS) No. 141, Business Combinations, SFAS
No. 142, Goodwill and Other Intangible Assets, SFAS No. 143, Accounting for
Asset Retirement Obligations and SFAS No. 144, Accounting for the Impairment
or Disposal of Long-Lived Assets.

SFAS No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets,
is effective for the Company for the fiscal year beginning January 1, 2002,
and addresses accounting and reporting for the impairment or disposal of long-
lived assets. SFAS No. 144 supersedes SFAS No. 121, Accounting for the
Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of
and APB Opinion No. 30, Reporting the Results of Operations-Reporting the
Effects of Disposal of a Segment of a Business. SFAS No. 144 retains the
fundamental provisions of SFAS No. 121 and expands the reporting of
discontinued operations to include all components of an entity with operations
that can be distinguished from the rest of the entity and that will be
eliminated from the ongoing operations of the entity in a disposal
transaction. The Company estimates that the new standard will not have a
material impact on its financial statements but is still in the process of
evaluating the impact on its financial statements.

F-10

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

SFAS No. 143, Accounting for Asset Retirement Obligations, addresses
accounting and reporting for obligations associated with the retirement of
tangible long-lived assets and the associated asset retirement costs. SFAS No.
143 will be effective for the Company for the fiscal year beginning January 1,
2002 and early adoption is encouraged. SFAS No. 143 requires that the fair
value of a liability for an asset's retirement obligation be recorded in the
period in which it is incurred and the corresponding cost capitalized by
increasing the carrying amount of the related long-lived asset. The Company
estimates that the new standard will not have a material impact on its
financial statements but is still in the process of evaluating the impact on
its financial statements.

SFAS No. 141, Business Combinations, requires the use of the purchase method
of accounting for all business combinations initiated after June 30, 2001.
SFAS No. 142, Goodwill and Other Intangible Assets, addresses accounting for
the acquisition of intangible assets and accounting for goodwill and other
intangible assets after they have been initially recognized in the financial
statements, which is effective for fiscal years beginning after December 15,
2001; however, certain provisions of this Statement apply to goodwill and
other intangible assets acquired between July 1, 2001 and the effective date
of SFAS 142.  The adoption of SFAS 141 and 142 had no effect on the Company's
financial statements.

Major provisions of these Statements and their effective dates for the Company
are as follows:

	All business Combinations initiated after June 30, 2001 must use the
purchase method of accounting, with the pooling of interest method of
accounting prohibited.

	Intangible assets acquired in a business combination must be recorded
separately from goodwill if they arise from contractual or other legal rights
or are separable for the acquired entity.

	Goodwill, as well as intangible assets with indefinite lives, acquired
after June 30, 2001, will not be amortized.  In the year of adoption, all
previously recognized goodwill and intangible assets with indefinite lives
would no longer be subject to amortization.

	Goodwill, tested by business segment and intangible assets with
indefinite lives will be tested for impairment annually and whenever there is
an impairment indicator.

The Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin
(SAB) 101, Revenue Recognition in Financial Statements, in December 1999. The
SAB summarizes certain of the SEC staff's views in applying generally accepted
accounting principles to revenue recognition in financial statements. In June
2000, the SEC issued SAB 101B, which delays the implementation date of SAB 101
until no later than the fourth fiscal quarter of fiscal years beginning after
December 15, 1999. The adoption of the SAB did not impact the Company's
financial statements.

F-11

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Earnings (Loss) Per Common Share
During 1997 the Financial Accounting Standard Board (FASB) issued Statement of
Financial Accounting Standards No. 128, "Earnings per Share" (SFAS 128).  SFAS
128 replaced the calculation of primary and fully diluted earnings per share
with basic and diluted earnings per share. Basic earnings (loss) per common
share is computed based upon the weighted average number of common shares
outstanding during the period.  Diluted earnings per share consists of the
weighted average number of common shares outstanding plus the dilutive effects
of options and warrants calculated using the treasury stock method.  In loss
periods, dilutive common equivalent shares are excluded as the effect would be
anti-dilutive.

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

Warranty Policy
The Company warrants all materials and workmanship for a period of one year
from the date of completion.  Any warranties and/or manufacturers' guarantees
on consumer products are supplied to the customer.  The Company has not
experienced any warranty costs to date and has not recorded an allowance as of
December 31, 2001.

Concentrations of Credit Risk
The Company maintains all cash in bank deposit accounts which at times may
exceed federally insured limits.  The Company has not experienced a loss in
such accounts.

Advertising Expenses
The Company expenses advertising costs as incurred.  During the years ended
December 31, 2001 and 2000, the Company did not have significant advertising
costs.

Equipment
Furniture and equipment is recorded at cost when acquired.  Depreciation
expense is provided on a straight-line basis using the estimated useful lives
of 5-7 years.  Depreciation expense was $24,523 for the year ended December
31, 2001 and $8,268 for the period ended December 31, 2000.  The equipment is
currently idle and has been written down to its net realizable value.
Depreciation expense has not been recorded since the operations of IROC were
discontinued.

Revenue Recognition
Revenues were recognized as work was completed.

F-12

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 2 - ACQUISITION OF TIME DIRECT, LLC

On May 18, 2000, the Company acquired all of the issued and outstanding
limited liability interests of Time Direct, LLC, a Colorado limited liability
company.  Time Direct's principal business is pre-wiring homes for integrated
communication, audio and video services.  Subsequent to the acquisition, Time
Direct had been operating under the business name IntelliReady Homes and is
now known as IntelliReady of Colorado (IROC). The purchase price has been
allocated as follows:
<Table> <Caption>

<S>		<C>
Cash  	$23,275
Accounts receivable  	67,625
Property and equipment	32,288
Accounts payable and accrued expenses 	(24,210)
Notes payable	(14,425)
Goodwill   	188,447
	------------
Total purchase price	273,000
Notes payable	(248,000)
	------------
Cash paid at closing	$25,000
	============
</Table>

The $248,000 notes payable consist of a $75,000 non-interest bearing
promissory note paid in July 2000 when the Company issued 40,000 shares of
common stock in exchange for $60,000 of the above debt and repaid $15,000 in
cash and a $200,000 non-interest bearing promissory note due in equal $100,000
installments on May 18, 2001 and 2002, respectively. The Company imputed
interest at 9.8% on the note in the amount of $27,000 and reduced the note by
this amount. The Company recognizes interest expense over the life of the
loan.  (See Note 6)

IROC was recently established as of May 18, 2000.  Proforma results are not
presented due to immaterial operations.

NOTE 3 - PAYMENTS TO RELATED PARTIES

During the period ended December 31, 2000, the Company accrued for and
subsequently paid to certain related party entities controlled by the
Company's then sole stockholder payments for efforts made on behalf of the
Company prior to the commencement of operations of the Company.  The payments
were made in cash and equity and were recorded as expense through a reduction
to retained earnings.

F-13

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 4 - IDLE EQUIPMENT

Idle equipment at its estimated liquidation value, consisted of the following:

<Table> <Caption>		DECEMBER 31,
	2001
	---------
<S>		<C>
Furniture and fixtures	$61,058
Vehicles	98,002
	---------
	159,060
	---------
Less accumulated depreciation and amortization  	(28,256)
	---------
	$130,804
	=========
</Table>


NOTE 5 - LONG-TERM DEBT

Long-term debt consisted of the following:

The Company issued a senior secured promissory note on February 14, 2001 to
New West Holdings, LLC ("NWH") a related party, due on demand, in the
principal amount of $315,000 at an annual interest rate of 10%. Additionally,
NWH had agreed to fund the Company's operations under a secured line of credit
("LOC") agreement dated February 14, 2001. The terms of this LOC state that
the amounts drawn under the LOC are payable on demand and carry an interest
rate of 10%, provided that the interest rate may be adjusted in the event the
prime interest rate increases. The terms also state that continued funding is
at the discretion of NWC, subject to the terms of the LOC.

On May 15th 2001, the Company successfully refinanced this indebtedness into a
two-year note with Compass Bank. The Company borrowed $1,650,000 on this note.
Upon refinancing, the accrued interest owed to NWH was forgiven and the
Company realized a gain of $10,017 in the second quarter of 2001.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by New West Holdings and its Chairman. On
October 17, 2001, pursuant to the terms of the bank agreement, NWH paid off
the bank debt of $1,650,000, which the Company now owes to New West Holdings.
This amount was added to the existing NWH LOC.

F-14

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 6 - COMMITMENTS AND CONTINGENCIES

Consulting Agreements
During April 2000 the Company entered into a consulting agreement for executive
recruiting. The Company issued common stock valued at $226,000.  During 2001,
the Company issued an additional 195,020 shares of common stock due to a
decline in the market value of the previously issued stock.  No additional
expenses were recognized.

In September 2000 the Company entered into a financial consulting agreement
with Equity Investor Communications, Inc. (Consultant) for financial
consulting advice.  The Company also issued warrants expiring in September
2010 for the Consultant to purchase up to 50,000 shares of common stock at
$2.50 and 50,000 shares of common stock at $4.50 valued at $63,000.  The
agreement expired in September 2001.

Operating Lease
In August 2000 the Company entered into a forty-eight month lease for office
space occupied by its subsidiary.  The lease commenced in December 2000 after
leasehold improvements were completed.  The Company has attempted to terminate
the lease and is currently in default of the terms of the lease.  Management
has accrued $83,706 for past due rent less $37,500 security deposit.

Rent expense was $68,557 for the year ended December 31, 2001, and $47,020 for
the period ended December 31, 2000.

Employment Agreements
The Company had entered into employment agreements with the former interest
owners of Time Direct. The agreements were for terms of four years each and
called for annual base salaries of $100,000 and bonuses and annual stock
options.  The agreements were terminated in February 2001.  In consideration
of their resignations the employees received $60,000, were allowed to contact
and solicit customers, and released the Company of the note payable obligation
of $200,000.

During 2000 the Company entered into employment agreements with certain
executives that provide for annual salaries, bonuses, and stock options.  All
these executives have resigned or been terminated.  All options remain
outstanding

Litigation
The Company is a party to various claims, complaints, and other legal actions
that have arisen in the ordinary course of business and as a result of the
discontinuation of the operations of IROC.  Management has accrued for
potential claims.

F-15

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 7 - CAPITALIZED LEASE OBLIGATIONS

The Company leased various equipment under capitalized leases expiring through
2003.  The assets have been recorded at the lower of the present value of the
minimum lease payments or their fair value and were depreciated over the
assets' estimated useful lives.  The Company is in default of these leases,
has returned the equipment, and is negotiating resolution.  The Company has
reclassified the lease payments as accounts payable.

NOTE 8 - DEFERRED RENT

Upon execution of a forty-eight month lease for its office space for its
subsidiary commencing August 1, 2000, the Company was granted 4 months "free"
rent.  As required by generally accepted accounting principles, rent expense
is being recognized by amortizing the total minimum rental payments payable
under the lease over the term of the lease on a straight-line basis.  During
the year ended December 31, 2001 the rental agreement was in default.

NOTE 9 - EQUITY INCENTIVE PLAN

Equity Incentive Plan
On May 18, 2000 the Company adopted the Equity Incentive Plan (the Plan) which
provides for the granting of options to officers, directors, employees and
consultants.  900,000 shares of common stock are reserved under the plan for
the granting of options.  The Plan is in effect until May 18, 2007, unless
extended by the Company's stockholders.  The options are exercisable to
purchase stock for a period of seven years from the date of grant.

Incentive Stock Options granted pursuant to this Plan may not have an option
price that is less than the fair market value of the stock on the date the
option is granted.  Incentive stock options granted to significant
stockholders shall have an option price of not less than 110% of the fair
market value of the stock on the date of the grant.

F-16

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 9 - EQUITY INCENTIVE PLAN (Continued)

In all cases the exercise price of these options is greater than the Company's
stock price.  Additionally, all of the employees to whom these options were
issued are no longer employed by the Company, and as such the options are no
longer outstanding.  There were no options issued during 2001.



<Table> <Caption>
	OUTSTANDING OPTIONS
	---------------------------
			WEIGHTED
	OPTIONS		PRICE PER	EXERCISE	EXERCISE
	AVAILABLE	NUMBER	SHARE	PRICE	AMOUNT
	-----------	-----------	-----------	-----------	-----------
<S>	<C>	<C>	<C>	<C>	<C>

Initial reserve, May 18, 2000	900,000	--	$        --	$        --	$        --
Granted during 2000	(1,045,000)	1,045,000	2.00-4.00	2.50 	2,587,500
Cancelled during 2000	45,000	(45,000)	    (4.00)	      4.00	(180,000)
	-----------	-----------	-----------	-----------	-----------
Balance, December 31, 2000	(100,000)	1,000,000	 2.00-3.50	      2.50	 2,407,500

Cancelled during 2001	1,000,000	(1,000,000)	(2.00-3.50)	    (2.50)	(2,407,500)
	-----------	-----------	-----------	-----------	-----------
Balance, December 31, 2001	900,000	  -	$         - 	    $       -    $        -
	===========	===========	===========	===========	===========
</Table>







NOTE 10 - NOTES PAYABLE

Bank Note Payable
In May 2000, the Company entered into an $885,000 note payable to a bank
controlled by a relative of the then sole stockholder.  The note bears
interest at 9.8% per annum, which is due monthly and principal is due in May
2001.  The Company had repaid $500,000 as of December 31, 2000.

The Company successfully refinanced this indebtedness into a two-year note
with Compass Bank.  The note was personally guaranteed by New West Holdings
("NWH") and the Company's Chairman. The Company borrowed $1,650,000 on this
note.  Upon refinancing, the accrued interest owed to NWH was forgiven and the
Company realized a gain of $10,017 in the second quarter of 2001.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by New West Holdings and its Chairman.  In
October 2001, pursuant to the terms of the bank agreement, NWH paid off the
bank debt of $1,633,833 which the Company now owes to New West Holdings.  This
amount was added to the existing NWH LOC  (see Note 11).  A balance of $16,157
remains on the note to the bank, which is no longer in default and is due in
May 2003.

Vehicle Notes Payable
The Company purchased vehicles under notes payable during the year ended
December 31, 2001.  The balances of the notes totaled $111,231 as of December
31, 2001 and were subsequently paid by the Company's Chairman.

F-17

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 11 - NOTE PAYABLE TO THE CHAIRMAN

In February 2001 The Company issued a senior secured promissory note to New
West Holdings, LLC ("NWH"), an entity controlled by the Company's Chairman,
which was due on demand, in the principal amount of $315,000.  Additionally,
NWH had agreed to fund the Company's operations under a secured line of credit
("LOC") agreement dated February 14, 2001.  The terms of this LOC state that
the amounts drawn under the LOC are payable on demand and carry an interest
rate of 10%, provided that the interest rate may be adjusted in the event the
prime interest rate increases.  The terms also state that continued funding is
at the discretion of NWH, subject to the terms of the LOC. NWH had agreed to
fund the Company's operations during 2001 pursuant to the terms agreed upon in
the LOC.  The balance of the bank debt, the note and the LOC have been
refinanced into an inclusive note payable due in October 2003 with an annual
interest rate of 10%.

NOTE 12 - SUPPLEMENTAL CASH FLOW INFORMATION

In connection with the acquisition of the Time Direct, the Company executed
notes payable to the former owners for $248,000 (which were renegotiated in
2001) and assumed liabilities of $38,635 in exchange for the following assets
during the period ended December 31, 2000:
<Table> <Caption>
<S>	<C>
Accounts receivable	$67,625
Property and equipment  	32,288
Goodwill1	186,722
	------------
	$286,635
	============
</Table>

Cash paid for interest during the period ended December 31, 2001 and 2000 were
$190,830 and $42,105, respectively.

NOTE 13 - COMMON STOCK

During the period ended December 31, 2000, the Company issued 834,649 shares
of common stock for $1,168,075 net of offering costs of $83,850.

During 2000 the Company's Chairman of the Board transferred common stock from
his own holdings for cash and services benefiting the Company, valued at
$58,598.

During 2000 the Company issued 126,935 shares of common stock for services
valued at $180,652. During the year ended December 31, 2001, the Company
issued an additional 195,020 shares of common stock to offset the decline in
value of the common stock issued in 2000.

During July 2000 the Company exchanged 40,000 shares of common stock for
$60,000 of debt payable to the former owners of Time Direct, LLC.

F-18

INTELLIREADY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 14 - STOCK-BASED COMPENSATION

The Company accounts for stock based compensation in accordance with Statement
of Financial Accounting Standards No. 123, "Accounting for Stock-Based
Compensation".  The standard requires the Company to adopt the "fair value"
method with respect to stock-based compensation of consultants and other non-
employees, which resulted in charges to operations of $-0- during the year
ended December 31, 2000.

The Company did not adopt the fair value method with respect to employee stock
options; the Company continues to account for these under the "intrinsic
value" method.  Had the Company adopted the fair value method with respect to
options issued to employees as well, there would have been no charge to income
in 2000 because none of the stock options were vested at December 31, 2000.
All options were terminated in 2001.

NOTE 15 - DISCONTINUED OPERATIONS

The Company has determined it is in the best interest of the Company and its
stockholders to cease operations.  The Company has reported the operations as
discontinued operation effective October 1, 2001, the measurement date.

Certain information with respect to discontinued operations is as follows:

<Table> <Caption>		2001
	-------------
<S>	<C>
Non-current assets	$130,804
	-------------
Total Assets	$130,804
	=============
Current liabilities	$555,038
Non-current liabilities	82,388
	-------------
Total Liabilities	$637,426
	=============

Net (Liabilities)	$(506,622)
	=============
</Table>



<Table> <Caption>	2001	2000
	-----------	-----------
<S>	<C>	<C>
Net sales	$1,540,417	$514,486
Cost of sales	 1,170,570	418,890
	-----------	-----------
Gross Profit	   369,847	95,596
Operating Expenses	  1,928,027	740,479
	-----------	-----------
(Loss) from discontinued operations	$(1,558,180)	$(644,883)
	===========	===========
</Table>

F-19


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

None


PART III

ITEM 9.DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

MANAGEMENT

The following table lists the names of our directors and each of our executive
officers, their respective positions and ages, and the year in which each
director was first elected.  Each director has been elected to hold office
until the next annual meeting of shareholders and thereafter until his
successor is elected and has qualified.  Additional information concerning
each of these individuals follows the table.
<Table> <Caption>
Name   	Age   	Position with the Company Director 	Since
----   	---   	----------------------------------	------
<S>	<C>	<C>	<C>
Thomas J. Wiens 	50	Chairman of the Board and
		Chief Financial Officer   	March 14, 2000
Brendan Reidy 	35	Director	March 14, 2000
Luke F. Botica	52	President, Chief Executive Officer,	April 19, 2001
		and Director
</Table>

THOMAS J. WIENS.  Mr. Thomas J. Wiens has served as the Chairman of
IntelliReady, Inc. since its inception in April of 1998.  Mr. Wiens is CEO of
New West Capital, LLC and New West Holdings, LLC., privately held venture
capital and venture catalyst firms.  Mr. Wiens was also chairman of Dencor
Energy Cost Controls, Inc. d/b/a/ Reliable Power Systems, Inc. (OTC:BB symbol
"DENC").  Mr. Wiens has been involved in various entrepreneurial pursuits
including banking, communications, insurance, and recycling.  Mr. Wiens was
the founder and Chairman of the Board of Directors of Recycling Industries
from 1987 through May 1999 and was the 1998 recipient of the Ernst & Young,
LLP Entrepreneur of the Year award for his entrepreneurial activities as
Chairman and CEO of Recycling Industries, Inc. Due to the precipitous decline
in the price of metals due to the dumping of foreign steel in the U.S.
marketplace Recycling Industries, Inc. filed for reorganization under Chapter
11 of the Federal Bankruptcy Code on February 22, 1999. The case was dismissed
by the Federal Bankruptcy Court in December 2000.  Mr. Wiens received his BA
from the School of Government and Public Administration at The American
University in Washington D.C. and received a MDIV from Yale University.  Mr.
Wiens serves on the Board of Advisors of Yale Divinity School, the Board of
Directors of the National Cutting Horse Association and various charitable
organizations.

BRENDAN REIDY.  Mr. Brendan Reidy has served on the Board of IntelliReady,
Inc. since March 14, 2000.  He is Director Vice President, Corporate Strategy
at Qwest (formerly US West).  Formerly he was Vice President and General
Manager for Litton Integrated Automation and Senior Consultant to Arthur
Andersen & Co.  He received his undergraduate degree from Stanford University
and received and MBA from the Wharton School of Business at the University of
Pennsylvania.

LUKE F. BOTICA.  Mr. Botica has been a Board member since April 2001 and has
served as President and CEO since August 2001.  His industry experience
includes internet, high technology, telecommunications, and software.  From
May 2000 to present Mr. Botica has been a financial and operations consultant,
specializing in high growth, wind downs, and turnarounds.  From May 2000 to
February 2001, Mr. Botica served as the Chairman of Recycling Industries, Inc.
From September 1997 to May 2000, Mr. Botica served as the Vice Chairman of
Recycling Industries, Inc.  Due to the precipitous decline in the price of
metals due to the dumping of foreign steel in the U.S. marketplace Recycling
Industries, Inc. filed for reorganization under Chapter 11 of the Federal
Bankruptcy Code on February 22, 1999.  The case was dismissed by the Federal
Bankruptcy Court in December 2000.  From April 1996 to September 1997, Mr.
Botica served as the Senior Vice President and Chief Financial Officer of
Donnelley Enterprise Solutions, Inc.  From July 1995 to April 1996, Mr. Botica
served as the Executive Vice President and Chief Financial Officer of Dames &
Moore, Inc.  Mr. Botica served as Senior Vice President - Finance and Chief
Financial Officer of Allied Waste Industries, Inc. from 1993 through 1995, and
as Vice President - Corporate Development and Planning for Chemical Waste
Management, Inc. from 1990 through 1993.

ITEM 10. EXECUTIVE COMPENSATION

Our President and CEO, Luke F. Botica received no compensation in such role.
Additionally, there were no employees at December 31, 2001.

OPTION GRANTS TABLE.

There were no options issued during 2001.  In all cases the exercise price of
these options issued prior to 2001 is greater than the Company's stock price.
Additionally, all the employees to whom these options were issued are no
longer employed by the Company, and as such the options are no longer
outstanding.

Compensation of Outside Directors

Members of our Board Of Directors, regardless of whether employed by us, are
currently not compensated for meeting attendance or otherwise for their
services as directors, but are entitled to reimbursement for travel expenses.
We do not pay additional amounts for committee participation or special
assignments of the Board Of Directors.  The Equity Incentive Plan does
authorize the award of stock options or other forms of equity compensation to
the directors.  We have not granted options to outside directors.

Employment Contracts and Termination of Employment and Change-in-Control
Arrangements

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

As of December 31, 2001, we had 10,683,936 issued and outstanding shares of
Common Stock. The following table sets forth, as of December 31, 2001, the
number and percentage of shares of Common Stock owned beneficially by (i) each
director of the Company, (ii) each officer named in the Summary Compensation
Table, (iii) all directors and executive officers as a group, and (iv) each
person known to us to own of record or beneficially more than five percent of
the Company's Common Stock.  Except as otherwise indicated, the persons named
in the table have sole voting and investment power with respect to the shares
indicated.  As of December 31, 2001, we had approximately 135 holders of
Common Stock of record.

<Table> <Caption>
	Name of Beneficial 	Number of Shares 	Percent
		Owner Beneficially Owned (1)	of Class
---------------------------	------------------------------	------------

<S>	<C>	<C>
New West Holdings, LLC (2)	5,500,000	51.48%
Robert Kaminski (3)	1,077,000	10.08%
Thomas J. Wiens (4)	6,978,602	65.32%
New West Capital Partners, LLC (5)	729,667	6.83%
All Executive Officers and
Directors as a group (2 persons) 	7,003,602	65.55%

</Table>

(1)All calculations are on a fully diluted basis.

(2)The address of New West Holdings, LLC. is 5567 South Perry Park Road,
Sedalia, Colorado 80135. New West Holdings, LLC. is controlled by Thomas J.
Wiens and his immediate family.

(3)The address for Robert Kaminski is 24000 South Western Avenue, Park Forest,
Illinois, 60466. These shares are actually held by the Robert S. Kaminski
Revocable Trust.

(4)The address for Thomas J. Wiens is 5567 South Perry Park Road, Sedalia,
Colorado 80135. Mr. Wiens' interest includes his beneficial ownership of New
West Holdings, LLC's 5,500,000 shares, New West Capital Partners, LLC. of
729,667 and his beneficial ownership of 748,935 shares.

(5)The address for New West Capital Partners, LLC is 5567 South Perry Park
Road, Sedalia, Colorado 80135.


ITEM 12.CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Thomas J. Wiens, our Chairman, and related entities ("Related Entities")
loaned us $885,000 over the course of the first five months of 2000. On May 4,
2000 we repaid Mr. Wiens and these Related Entities by borrowing $885,000 from
Compass Bank.  We repaid $500,000 to FirstTier Bank during the 2000 period. On
January 4, 2001 FirstTier Bank merged with Compass Bancshares, Inc.
(Nasdaq:CBSS).  The outstanding principal and accrued interest balance on the
Compass loan was $16,157 on December 31, 2001.

Additionally, in February 2001 The Company issued a senior secured promissory
note to New West Holdings, LLC ("NWH"), an entity controlled by the Company's
Chairman, due on demand, in the principal amount of $315,000.  Additionally,
NWH had agreed to fund the Company's operations under a secured line of credit
("LOC") agreement dated February 14, 2001.  The terms of this LOC state that
the amounts drawn under the LOC are payable on demand and carry an interest
rate of 10%, provided that the interest rate may be adjusted in the event the
prime interest rate increases.  The terms also state that continued funding is
at the discretion of NWC, subject to the terms of the LOC.  NWH had agreed to
fund the Company's operations during 2001 pursuant to the terms agreed upon in
the LOC.  As of December 31, 2001, the Company had an outstanding balance of
$1,778,978.

On May 15, 2001, the Company successfully refinanced this indebtedness into a
two-year note with Compass Bank.  The Company borrowed $1,650,000 on this
note.  Upon refinancing, the accrued interest owed to NWH was forgiven and the
Company realized a gain of $10,017 in the second quarter of 2001.

The Company was in default on its bank debt, and unable to make its interest
payments which were guaranteed by NewWest Holdings and its Chairman.  In
October 2001, pursuant to the terms of the bank agreement, NWH paid off the
bank debt of $1,650,000, which the Company now owes to NWH.  This amount was
added to the existing senior secured NWH LOC.



PART IV

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

 (A) EXHIBITS

2(i) Reverse Merger Agreement and Plan of Acquisition dated August 25, 2000
among Registrant and Pan Western Energy Corporation.***

2(ii) Merger Agreement and Plan of Acquisition dated May 18, 2000 among
Registrant and Time Direct, LLC.

2(iii) Agreement and Plan of Business Arrangement dated September 13, 2000
between Registrant and Advanced Custom Systems, Inc.

2(iv) Extension Agreement for Plan of Business Arrangement between Registrant
and Advanced Custom Systems, Inc. dated February 13, 2001.

3(i) Articles of Incorporation of the Registrant.

3(ii) By-Laws of the Registrant.

10(i) Equity Incentive Plan.*

10(ii) Promissory Note effective February 14, 2001 between Registrant and New
West Holdings, LLC.

10(iii) Letter of Credit effective February 14, 2001 between Registrant and
New West Holdings, LLC.

10(iv) Lease Agreement on Registrant's primary property.

16 Letter on Change in Certifying Accountant.**

20(i) Reports on Form 8-K

We filed the following reports on Form 8-K during the quarter ended December
31, 2001: Form 8-K on October 29, 2002


* Incorporated by reference from Registrant's Schedule 14C, which was
previously filed on October 19, 2000.

** Incorporated by reference from Registrant's Form 8-K, which was previously
filed on November 20, 2000.

*** Incorporated by reference from Registrant's Form 8-K, which was previously
filed on October 19, 2000.


  SIGNATURES

In accordance with Section 13 or 15 (d) of the Securities Exchange Act,
IntelliReady, Inc., caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
<Table> <Caption>

SIGNATURE	TITLE 	DATE
---------	-----	----

INTELLIREADY, INC.

<S>	<C>	<C>
/S/ THOMAS J . WIENS 	Chairman and Chief Financial Officer	June 10, 2002
----------------------
Thomas J. Wiens
</Table>

In accordance with the Securities Exchange Act of 1934, this report has been
signed below by the following persons on behalf of the Registrant and in the
capacities and on the date indicated:

<Table> <Caption>
SIGNATURE	TITLE 	DATE
---------	-----	----
<S>	<C>	<C>

/S/ THOMAS J. WIENS 	Chairman and Chief Financial Officer	June 10, 2002
---------------------- 	(Principal Financial Officer)/Director
Thomas J. Wiens

/S/ LUKE F. BOTICA 	President and Chief Executive Officer	June 10, 2002
---------------------- 	(Principal Executive Officer)/Director
Luke F. Botica
	Director	June 10, 2002
----------------------
Brendan Reidy
</Table>




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