2

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

                              FORM 10K-SB

    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                         EXCHANGE ACT OF 1934
                For the fiscal year ended June 30, 2002

                   Commission file Number: 000-32803

                      Savannah River Group, Inc.
            (Name of small business issuer in its charter)

     Nevada                                  76-0616460
(State of Incorporation)                          (I.R.S. Employer
Identification Number)

                       688 West Hastings Street
                               Suite 910
              Vancouver, British Columbia Canada V6B 1P1
               (Address of principal executive offices)

                            (604) 632-3820
                      (Issuer's telephone number)

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

      Securities registered pursuant to Section 12(g) of the Act:
                    Common Stock ($0.001 par value)
                           (Title of class)

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

Check if there is no disclosure of delinquent filers 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 amendments of this
Form 10-KSB. ( )

The issuer's revenues for the Fiscal Year ended June 30, 2002 were
$0.00($Nil).

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 prices of such stock, as of a specific date
within the past 60 days. N/A

As of April 5, 2002, there were 4,500,000 shares of the issuer's
common stock ($0.001 par value) outstanding.

Transitional Small Business Disclosure Format (check one) Yes___ No  x  .




                           TABLE OF CONTENTS

PART I

Item 1:                              Description of Business     2

Item 2:                              Description of Property     11

Item 3:                                    Legal proceedings     11

Item 4:  Submission of Matters to a Vote of Security Holders     11


PART II

Item 5:Market for Common Equity and Related Stockholder Matters  12

Item 6:                Management's Discussion and Analysis      12

Item 7:                                 Financial Statements     13

Item 8:  Changes In and Disagreements With Accountants    13

PART III

Item 9:Directors, Executive Officers, Promoters and Control Persons;
     Compliance With Section 16(a) of the Exchange Act    14

Item 10:                              Executive Compensation     14

Item 11:Security Ownership of Certain Beneficial Owners and Management
15

Item 12:      Certain Relationships and Related Transactions     15

Item 13:                    Exhibits and Reports on Form 8-K     15
                                PART I

ITEM 1:   DESCRIPTION OF BUSINESS

  Savannah River Group, Inc. was incorporated under the laws of the
State of Nevada on August 19, 1999, and is in its early developmental
and promotional stages.  To date, Savannah River Group, Inc.'s only
activities have been organizational, directed at acquiring its
principal asset, raising its initial capital and developing its
business plan.  Savannah River Group, Inc. has not commenced
commercial operations.  Savannah River Group, Inc. has no full time
employees and owns no real estate.  Savannah River Group, Inc.'s
business plan is the marketing of Vitamineralherb.com products to
specific markets in the state of Georgia.  Savannah River Group, Inc.
intends to market high-quality, low-cost vitamins, minerals,
nutritional supplements, and other health and fitness products to
medical professionals, alternative health professionals, martial arts
studios and instructors, sports and fitness trainers, other health and
fitness professionals, school and other fund raising programs and
other similar types of customers via the Internet for sale to their
clients.

Acquisition of the license

On February 14, 2000, Savannah River Group, Inc. acquired a sub-
license agreement with David R. Mortenson & Associates.  The License
Agreement grants an exclusive right to distribute Vitamineralherb.com
products to health and fitness professionals in the state of Georgia
via the Internet. Savannah River Group, Inc. acquired the license
under the terms of a settlement agreement by and between Savannah
River Group, Inc. and Mortenson & Associates. Mortenson & Associates
had granted Savannah River Group, Inc. a license to distribute and
produce oxygen enriched water product, called "Biocatalyst," for
remediation of sewage and wastewater in septic tanks and wastewater
treatment facilities.  Mortenson & Associates acquired its right to
sub-license Biocatalyst to Savannah River Group, Inc. from NW
Technologies Inc.  As a result of a legal dispute between David R.
Mortenson, Mortenson & Associates and NW Technologies, Mortenson &
Associates was unable to fulfill its obligations to Savannah River
Group, Inc. under the license.  Northwest Technologies, Inc. informed
Mortenson & Associates that it was canceling all rights under its
license agreement with Mortenson & Associates.  Mortenson & Associates
may decide to pursue litigation against Northwest Technologies, Inc.
Under the terms of the settlement agreement, Mortenson & Associates
granted to Savannah River Group, Inc. the license to distribute
Vitamineralherb.com products in part for its agreement not to pursue
its claims against Mortenson & Associates.  Savannah River Group, Inc.
paid a total consideration of $2,000.00 for the original "Biocatalyst"
license.  The $2,000.00 was paid in the form of 2 million shares of
Savannah River Group, Inc. stock, which was issued to the 10 members
of Mortenson & Associates at 20000 shares each.  Savannah River Group,
Inc. paid no additional consideration for the Vitamineralherb.com
license.  Vitamineralherb.com has granted a total of 43 licenses in
the United States, Canada and England.

The license

Savannah River Group, Inc. has a three-year license to market and sell
vitamins, minerals, nutritional supplements, and other health and
fitness products to medical professionals, alternative health pro
fessionals, martial arts studios and instructors, sports and fitness
trainers, other health and fitness professionals, school and other
fund raising programs and other similar types of customers via the
Internet for sale to their clients.  Savannah River Group, Inc.'s
territory is the state of Georgia.  The license will be automatically
renewed unless Savannah River Group, Inc. or Vitamineralherb.com gives
the other notice of its intent not to renew.

   Vitamineralherb.com has agreed to provide certain business
administrative services to Savannah River Group, Inc., including
product development, store inventory, website creation and
maintenance, establishment of banking liaisons, and development and
maintenance of an order fulfillment system, thereby enabling Savannah
River Group, Inc. to focus strictly on marketing and sales.
Vitamineralherb.com's website is operational and it is able to accept
payment by check, money order, wire transfer or credit card (Visa and
Master Card).  Vitamineralherb.com's website address is:
www.vitamineralherb.com. Vitamineralherb.com has a third party
clearing bank that clears Visa and MasterCard payments and immediately
forwards the payments to Vitamineralherb.com's bank.  Some services,
such as development of the website and the order fulfillment system
will be provided by Vitamineralherb.com, while others, such as product
development and store inventory, will be provided by the product
supplier.  Vitamineralherb.com sets the price for products based on
the manufacturer's price, plus a mark up which provides a 10%
commission to Vitamineralherb.com and a profit to Savannah River
Group, Inc.

   Savannah River Group, Inc. and its customers will also be able to
request quotes for and order custom-formulated and custom-labeled
products via the website.  Three different labeling options are
available to customers:  First, products may be ordered with the
manufacturer's standard label with no customization.  Second, the
fitness or health professional may customize the labels by adding its
name, address, and phone number to the standard label.  In most cases,
these labels would be a standardized label with product information
and a place on the label for the wording "Distributed by."  This gives
these health and fitness professionals a competitive edge.  Third,
labels may be completely customized for the health or fitness
professional.

  When a fitness or health professional becomes a client, Savannah
River Group, Inc.'s salesperson will show the client how to access the
Vitamineralherb website.  The client is assigned an identification
number that identifies it by territory, salesperson, and business
name, address, and other pertinent information.  The health or fitness
professional may then order the products it desires directly through
the Vitamineralherb.com website.  It is anticipated that the customer
will pay for the purchase with a credit card, electronic check ("e-
check"), or debit card.  All products will be shipped by the
manufacturer directly to the professional or its clients.

  The website is maintained by Vitamineralherb.com, and each licensee
pays an annual website maintenance fee of $500.  All financial
transactions are handled by Vitamineralherb.com's Internet clearing
bank.  The Vitamineralherb Webmaster downloads e-mail orders several
times a day, checks with clearing bank for payment and then submits
the product order and electronic payment to International Formulation
and Manufacturing.  Vitamineralherb.com then forwards the money due
Savannah River Group, Inc. via electronic funds transfer,
Vitamineralherb's software tracks all sales through the customer's
identification number, and at month end, e-mails to Savannah River
Group, Inc. and customer a detailed report including sales
commissions.  Vitamineralherb has indicated that it will use e-
commerce advertising such as banner ads on major servers and websites,
as well as trying to insure that all major search engines pick
Vitamineralherb.com first. Sales originating from the website to
customers located in the state of Georgia will automatically be
assigned to Savannah River Group, Inc.

Background on the manufacturer and distributor

  On June 9, 1999, Vitamineralherb.com entered into a manufacturing
agreement with International Formulation and Manufacturing, Inc., a
nutraceuticals-manufacturing firm, located in San Diego, California,
USA. International Formulation and Manufacturing was recently acquired
by Ives Formulation Company and is a contract manufacturer of vitamin,
mineral, nutritional supplement, and alternative health products for
various marketing organizations.  In addition to a line of standard
products, Ives Formulation is able to manufacture custom blended
products for customers. Ives Formulation Company also has the
capability to supply privately labeled products for Savannah River
Group, Inc.'s customers at a minimal added cost. Ives Formulation
Company is a wholly owned subsidiary of Ives Health Company, Inc. a
public company traded on the NASD Bulletin Board under the symbol
"IVER". Ives Formulation was acquired by Ives Health in 2000.

  The  following financial information is based on Ives Health's  Form
10-QSB for the period ended September 2000.  Ives Health Company is  a
manufacturing  firm that owns the formula to a line of  high  quality,
all  natural  health products which are currently distributed  through
pharmacies in 43 states.  Ives Health began operations in 1992.   Ives
Health's  current management team includes : M. Keith Ives,  President
and Founder: Mick Harrison, Chief Executive Officer: Joetta J. Hughes,
Chief Operating Officer: Patrick H. Storms, President/NutraRight:  and
Bill  Johnson,  Senior Vice President/NutraRight.  For  the  six-month
period ending September 30, 2000, Ives Health posted comparable  sales
to  the same period in calendar year 1999.  The net sales for the six-
month period ending September 30, 2000, was $457,536.00.  Earnings for
the  quarter ending September 30, 2000 were ($869,033.00) as  compared
to  ($204,977.00)  for  the  same period in  1999.  Ives  stated  that
earnings were lower due to cost of supporting Ives Formulation Company
and  NutraRight  International, Inc. For the quarter ending  September
30,  2000 gross profits were $264,061.00 which was a 15% increase  for
the  same  quarter  in 1999.  The cost of sales decreased  during  the
quarter  ending September 30, 2000 to 42.3% of sales compared  to  the
same  period  for  1999, which was 49.6% of sales.  Operating  expense
ratios  as compared to sales were significantly higher for the quarter
ending  September 30, 2000 as compared of the same period in 1999  due
to  the  continued  operation  of  Ives  Formulation  Company  without
adequate business to support it, and associated startup costs and  the
operation  of  NutraRight International, which has not  yet  generated
revenues.   Ives Formulation recorded a net loss of ($265,931.00)  for
operations through September 30, 2000.

  Vitamineralherb.com was incorporated as a Nevada corporation on
April 2, 1999, for the main purpose of creating a virtual store that
would provide customers the convenience of purchasing health-related
products from any location for direct shipment to a home or business
through the Internet.  It is a private company and is not registered
with the SEC.  Its business is to market high-quality, low-cost
vitamins, herbs and health supplements to health and fitness
professionals that they then resell to their patients and clients.
Vitamineralherb.com does not sell directly to the general public.  Its
website is fully functional at ww-w.vitamineralherb.com, and is
receiving and processing orders from some of its 43 licensees or
clients throughout the United States, Canada and Europe.
Vitamineralherb.com has no significant sales or revenue generating
activity.  It's President and CEO is Ms. Judy Taylor.

  On July 5, 2001, Vitamineralherb.com entered into a Letter of
Agreement with Gaia Garden Herbal Dispensary, located in Vancouver,
British Columbia, Canada.  Gaia Garden has agreed to provide, at a
predetermined wholesale price, vitamin and herbal products to
Vitamineralherb.com, its license holders and clients. Gaia Garden
Herbal Dispensary also has the capability to supply privately-labeled
products for Savannah River Group's individual clients and customers.

Implementation of business plan: Milestones

Savannah River Group, Inc.'s business plan is to determine the
feasibility of selling Vitamineralherb.com products to targeted
markets. Should Savannah River Group, Inc. determine that its business
plan is feasible, it intends to employ salespeople to call on medical
professionals, alternative health professionals, alternative health
professionals, martial arts studios and instructors, sports and fitness
trainers, other health and fitness professionals, school and other fund
raising programs and other similar types of customers to interest these
professionals in selling to their clients high-quality, low-cost
vitamins, minerals, nutritional supplements and other health and
fitness products. These professionals would sell the products to their
clients via the Internet.  Savannah River Group, Inc. will achieve
implementation of its business plan by meeting the following
milestones:

     Milestone 1:   Market Survey.  Management of Savannah River
     Group, Inc. has retained a company to perform a marketing survey
     of the State of Georgia.  The survey was conducted by
     DealBuzz.com Corp. during the third week of July 2001.  The
     survey consisted of contacting over 200 chiropractors, health and
     fitness facilities and alternative medical practitioners.  The
     results were very encouraging with 55% of the prospective
     customers responding favorably.  The cost of the survey was
     $1,500.00 and was paid for by the President of the company.

     Milestone 2:   Hire Salespeople. Should Savannah River Group,
     Inc. determine that the exploitation of the license is feasible,
     it will then have to engage salespeople to market the products.
     Savannah River Group, Inc. expects that it may hire two
     salespeople during its first year of operation.  The hiring
     process would include running advertisements in the local
     newspaper and conducting interviews.  It is anticipated that
     hiring the salespeople may take four to eight weeks.  The cost of
     recruiting salespeople, not including compensation, is estimated
     at $3,000.00.

     Our plan is to have them initially cover the major cities,
     thereby keeping expenses to a minimum.  The more rural areas and
     smaller towns will be pre-qualified by telephone marketing prior
     to making actual sales calls. We plan to pay our sales people
     with a basic draw against commissions of approximately $1,500 per
     month. The management of Savannah River Group, Inc. plans to move
     forward with the recruitment and hiring of an initial sales staff
     within the next nine months.  The company has received no
     commitment for the funds required to accomplish the hiring of a
     sales staff.

     Milestone 3:   Establish an Office.  Savannah River Group, Inc.
     would then have to establish an office or offices for the sales
     force in the appropriate market or markets.  This would include
     an office, equipment such as computers and telephones, and sample
     inventory for the salespeople.  It is anticipated that it may
     take eight to twelve weeks to locate acceptable office space and
     select and purchase equipment.  The expense of office rental,
     equipment and inventory samples is estimated to be $45,000 per
     year.

     Milestone 4:   Development of Advertising Campaign.  The next
     step would be to develop an advertising campaign, including
     establishing a list of prospects based on potential clients
     identified in the market survey, and designing and printing sales
     materials.  It is anticipated that it would take approximately
     six to ten weeks to develop the advertising campaign, although,
     depending on the availability of resources, Savannah River Group,
     Inc. will attempt to develop its advertising campaign
     concurrently with establishing an office.  The cost of developing
     the campaign is estimated at approximately $12,000 per year.


     Milestone 5.   Implementation of Advertising Campaign.  We
     believe that direct mail is the best and most effective method
     of reaching our potential clients/customers.  Since we are
     targeting a fairly narrow segment of the population as potential
     retailers, we believe a well-designed mail piece and cover
     letter with follow up by telephone should be adequate to
     introduce us to our potential clients.  The design and
     production of a mailing piece is estimated at $6,000.

     Milestone 6:   Generation of Revenues.  The management of
     Savannah River Group, Inc. believes that a planned, steady growth
     pattern will best serve the company.  By keeping costs low and
     concentrating first on the major population centers, we believe
     that we can generate revenues in a short period of time.  We hope
     that clients would begin placing orders within weeks of a sales
     call, but it may take several months before people begin to
     purchase products.


     No commitment to provide additional funds have been made by
     management or shareholders.  Accordingly, there can be no
     assurance that any additional funds will be available on terms
     acceptable to Savannah River Group, Inc.

Growth of the Internet and electronic commerce

  The Internet has become an increasingly significant medium for
communication, information and commerce. According to NUA Internet
Surveys, as of February 2000, there were approximately 275.5 million
Internet users worldwide.  At the IDC Internet Executive Forum held on
September 28-29, 1999, IDC stated that in 1999 US $109 billion in
purchases were impacted by the Internet.  IDC's vice president, Sean
Kaldor, indicated that figure is expected to increase more than ten-
fold over the next five years to US $1.3 trillion in 2003, with $842
million completed directly over the Web.  Savannah River Group, Inc.
believes that this dramatic growth presents significant opportunities
for online retailers.

The vitamin and alternative health product market.

In Recent years, a growing awareness of vitamins, herbs, and other
dietary supplements by the general public has created a whole new
segment of the field of medicine and health care products.  According
to Juniper Communications, online sales of such products are expected
to be $434 million US in the calendar year 2003, up from $1 million in
1998.

   The electronic commerce industry is new, rapidly evolving and
intensely competitive, and Savannah River Group, Inc. expects
competition to intensify in the future.  Barriers to entry into the
electronic commerce business are minimal and current or new
competitors can launch sites at a relatively low cost. In addition,
the vitamin supplement, mineral and alternative health product market
is very competitive and highly fragmented with no dominant leader.

Competitors can be divided into several groups including:

-    traditional vitamins, supplements, minerals and alternative
     health products retailers;
-    the online retail initiatives of several traditional vitamins,
     supplements, minerals and alternative health products retailers;
-    online retailers of pharmaceutical and other health-related
     products that also carry vitamins, supplements, minerals and
     alternative health products;
-    independent online retailers specializing in vitamins,
     supplements, minerals and alternative health products;
-    mail-order and catalog retailers of vitamins, supplements,
     minerals and alternative health products, some of which have direct
     sales organizations, retail drugstore chains, health food store
     merchants, mass market retail chains and various manufacturers of
     alternative health products.

   Many of Savannah River Group, Inc. potential competitors have
longer operating histories, larger customer or user base, greater
brand recognition and significantly greater financial, marketing and
other resources than we have. In addition, an online retailer may be
acquired by, receive investments from, or enter into other commercial
relationships with, larger, well-established and well-financed
companies as use of the Internet and other electronic services
increase.

   Competitors have and may continue to have aggressive pricing
policies and devote substantially more resources to website and
systems development than Savannah River Group, Inc. does.  Increased
competition may result in reduced operating margins and loss of market
share.

Savannah River Group, Inc. believes that the principal competitive

factors in its market are:



   ability to attract and retain customers;
   breadth of product selection;
   product pricing;
   ability to customize products and labeling;
   quality and responsiveness of customer service.

   Savannah River Group, Inc. believes that it can compete favorably
on these factors.  However, we will have no control over how
successful our competitors are in addressing these factors.  In
addition, Savannah River Group, Inc's online competitors can duplicate
many of the products or services offered on the VitaMineralHerb.com
site.

Regulatory environment

   The manufacturing, processing, formulating, packaging, labeling and
advertising of the products Savannah River Group, Inc. sells in
Colorado are or may be subject to regulation by the Food & Drug
Administration which administers the Federal Food, Drug, & Cosmetics
Act along with relevant regulation thereto.  Regulated products
include herbal remedies, natural health remedies, functional foods and
nutraceuticals.

  The manufacturing, processing, formulating, packaging, labeling and
advertising of the products Savannah River Group, Inc. sells may also
be subject to regulation by one or more U.S. federal agencies,
including the Food and Drug Administration, the Federal Trade
Commission, the United States Department of Agriculture and the
Environmental Protection Agency. These activities also may be
regulated by various agencies of the states, localities and foreign
countries in which consumers reside.

  The Food and Drug Administration, in particular, regulates the
formulation, manufacture, labeling and distribution of foods,
including dietary supplements, cosmetics and over-the-counter
homeopathic drugs.  Under the Federal Food, Drug, and Cosmetic Act,
the Food and Drug Administration may undertake enforcement actions
against companies marketing unapproved drugs, or "adulterated" or
"misbranded" products.  The remedies available to the Food and Drug
Administration include: criminal prosecution; an injunction to stop
the sale of a company's products; seizure of products, adverse
publicity; and "voluntary" recalls and labeling changes.

  Food and Drug Administration regulations require that certain
informational labeling be presented in a prescribed manner on all
foods, drugs, dietary supplements and cosmetics. Specifically, the
Food, Drug, and Cosmetic Act requires that food, including dietary
supplements, drugs and cosmetics, not be "misbranded."  A product may
be deemed an unapproved drug and "misbranded" if it bears improper
claims or improper labeling. The Food and Drug Administration has
indicated that promotional statements made about dietary supplements
on a company's website may constitute "labeling" for purposes of com
pliance with the provisions of the Food, Drug, and Cosmetic Act. A
manufacturer or distributor of dietary supplements must notify the
Food and Drug Administration when it markets a product with labeling
claims that the product has an effect on the structure or function of
the body. Noncompliance with the Food, Drug, and Cosmetic Act, and
recently enacted amendments to that Act discussed below, could result
in enforcement action by the Food and Drug Administration.

  The Food, Drug, and cosmetic Act has been amended several times
with respect to dietary supplements, most recently by the Nutrition
Labeling and Education Act of 1990 and the Dietary Supplement Health
and Education Act of 1994. The Dietary Supplement Health and Education
Act created a new statutory framework governing the definition,
regulation and labeling of dietary supplements.  With respect to
definition, the Dietary Supplement Health and Education Act created a
new class of dietary supplements, consisting of vitamins, minerals,
herbs, amino acids and other dietary substances for human use to
supplement the diet, as well as concentrates, metabolites, extracts or
combinations of such dietary ingredients. Generally, under the Dietary
Supplement Health and Education Act, dietary ingredients that were on
the market before October 15, 1994 may be sold without Food and Drug
Administration pre-approval and without notifying the Food and Drug
Administration. In contrast, a new dietary ingredient, i.e., one not
on the market before October 15, 1994, requires proof that it has been
used as an article of food without being chemically altered or
evidence of a history of use or other evidence of safety establishing
that it is reasonably expected to be safe. Retailers, in addition to
dietary supplement manufacturers, are responsible for ensuring that
the products they market for sale comply with these regulations.  Non
compliance could result in enforcement action by the Food and Drug
Administration, an injunction prohibiting the sale of products deemed
to be non-compliant, the seizure of such products and criminal
prosecution.

  The Food and Drug Administration has indicated that claims or
statements made on a company's website about dietary supplements may
constitute "labeling" and thus be subject to regulation by the Food
and Drug Administration. With respect to labeling, the Dietary
Supplement Health and Education Act amends, for dietary supplements,
the Nutrition Labeling and Education Act by providing that "statements
of nutritional support," also referred to as "structure/function
claims," may be used in dietary supplement labeling without Food and
Drug Administration pre-approval, provided certain requirements are
met. These statements may describe how particular dietary ingredients
affect the structure or function of the body, or the mechanism of
action by which a dietary ingredient may affect body structure or
function, but may not state a drug claim, i.e., a claim that a dietary
supplement will diagnose, mitigate, treat, cure or prevent a disease.
A company making a "statement of nutritional support" must possess
substantiating evidence for the statement, disclose on the label that
the Food and Drug Administration has not reviewed the statement and
that the product is not intended for use for a disease and notify the
Food and Drug Administration of the statement within 30 days after its
initial use. It is possible that the statements presented in
connection with product descriptions on Savannah River Group, Inc.
site may be determined by the Food and Drug Administration to be drug
claims rather than acceptable statements of nutritional support.  In
addition, some of Savannah River Group, Inc.'s suppliers may
incorporate objectionable statements directly in their product names
or on their products' labels, or otherwise fail to comply with
applicable manufacturing, labeling and registration requirements for
over-the-counter or homeopathic drugs or dietary supplements.  As a
result, Vitamineralherb.com may have to remove objectionable
statements or products from its site or modify these statements, or
product names or labels, in order to comply with Food and Drug
Administration regulations.  Such changes could interfere with
Savannah River Group, Inc.'s marketing or products and could cause us
to incur significant additional expenses.

  In addition, the Dietary Supplement Health and Education Act allows
the dissemination of "third party literature" in connection with the
sale of dietary supplements to consumers at retail if the publication
meets statutory requirements.  Under the Dietary Supplement Health and
Education Act, "third party literature" may be distributed if, among
other things, it is not false or misleading, no particular
manufacturer or brand of dietary supplement is promoted, a balanced
view of available scientific information on the subject matter is
presented and there is physical separation from dietary supplements in
stores. The extent to which this provision may be used by online
retailers is not yet clear, and Savannah River Group, Inc. cannot
assure you that all pieces of "third party literature" that may be
disseminated in connection with the products Savannah River Group,
Inc. offers for sale will be determined to be lawful by the Food and
Drug Administration.  Any such failure could render the involved
product an unapproved drug or a "misbranded" product, potentially
subjecting us to enforcement action by the Food and Drug
Administration, and could require the removal of the non-compliant
literature from Vitamineralherb.com's website or the modification of
Savannah River Group, Inc.'s selling methods, interfering with
Savannah River Group, Inc.'s continued marketing of that product and
causing us to incur significant additional expenses.  Given the fact
that the Dietary Supplement Health and Education Act was enacted only
five years ago, the Food and Drug Administration's regulatory policy
and enforcement positions on certain aspects of the new law are still
evolving. Moreover, ongoing and future litigation between dietary
supplement companies and the Food and Drug Administration will likely
further refine the legal interpretations of the Dietary Supplement
Health and Education Act.  As a result, the regulatory status of
certain types of dietary supplement products, as well as the nature
and extent of permissible claims will remain unclear for the
foreseeable future. Two areas in particular that pose potential regula
tory risk are the limits on claims implying some benefit or
relationship with a disease or related condition and the application
of the physical separation requirement for "third party literature" as
applied to Internet sales.

  In addition to the regulatory scheme under the Food, Drug and
Cosmetic Act, the advertising and promotion of dietary supplements,
foods, over-the-counter drugs and cosmetics is subject to scrutiny by
the Federal Trade Commission.  The Federal Trade Commission Act
prohibits "unfair or deceptive" advertising or marketing practices,
and the Federal Trade Commission has pursued numerous food and dietary
supplement manufacturers and retailers for deceptive advertising or
failure to substantiate promotional claims, including, in many
instances, claims made via the Internet. The Federal Trade Commission
has the power to seek administrative or judicial relief prohibiting a
wide variety of claims, to enjoin future advertising, to seek redress
or restitution payments and to seek a consent order and seek monetary
penalties for the violation of a consent order.  In general, existing
laws and regulations apply fully to transactions and other activity on
the Internet.  The Federal Trade Commission is in the process of
reviewing its policies regarding the applicability of its rules and
its consumer protection guides to the Internet and other electronic
media.  The Federal Trade Commission has already undertaken a new
monitoring and enforcement initiative, "Operation Cure-All," targeting
allegedly bogus health claims for products and treatments offered for
sale on the Internet.  Many states impose their own labeling or safety
requirements that differ from or add to existing federal requirements.

  Savannah River Group, Inc. cannot predict the nature of any future
state or Federal laws, regulations, interpretations or applications,
nor can it determine what effect additional governmental regulations
or administrative orders, when and if promulgated, would have on its
business in the future.  Although the regulation of dietary
supplements is less restrictive than that of drugs and food additives,
Savannah River Group, Inc. cannot assure you that the current
statutory scheme and regulations applicable to dietary supplements
will remain less restrictive. Further, Savannah River Group, Inc.
cannot assure you that, under existing laws and regulations, or if
more stringent statutes are enacted, regulations are promulgated or
enforcement policies are adopted, it is or will be in compliance with
these existing or new statutes, regulations or enforcement policies
without incurring material expenses or adjusting its business
strategy. Any laws, regulations, enforcement policies, interpretations
or applications applicable to Savannah River Group, Inc.'s business
could require the reformulation of certain products to meet new
standards, the recall or discontinuance of certain products not
capable of reformulation, additional record keeping, expanded
documentation of the properties of certain products, expanded or
different labeling or scientific substantiation.

Regulation of the Internet.

  In general, existing laws and regulations apply to transactions and
other activity on the Internet; however, the precise applicability of
these laws and regulations to the Internet is sometimes uncertain.
The vast majority of such laws were adopted prior to the advent of the
Internet and, as a result, do not contemplate or address the unique
issues of the Internet or electronic commerce.  Nevertheless, numerous
federal and state government agencies have already demonstrated
significant activity in promoting consumer protection and enforcing
other regulatory and disclosure statutes on the Internet.
Additionally, due to the increasing use of the Internet as a medium
for commerce and communication, it is possible that new laws and
regulations may be enacted with respect to the Internet and electronic
commerce covering issues such as user privacy, freedom of expression,
advertising, pricing, content and quality of products and services,
taxation, intellectual property rights and information security. The
adoption of such laws or regulations and the applicability of existing
laws and regulations to the Internet may impair the growth of Internet
use and result in a decline in Savannah River Group, Inc. sales.

  A number of legislative proposals have been made at the federal,
state and local level, and by foreign governments, that would impose
additional taxes on the sale of goods and services over the Internet,
and certain states have taken measures to tax Internet-related
activities.  Although Congress recently placed a three-year moratorium
on new state and local taxes on Internet access or on discriminatory
taxes on electronic commerce, existing state or local laws were
expressly excepted from this moratorium.  Further, once this
moratorium is lifted, some type of federal and/or state taxes may be
imposed upon Internet commerce.  Such legislation or other attempts at
regulating commerce over the Internet may substantially impair the
growth of commerce on the Internet and, as a result, adversely affect
Savannah River Group, Inc.'s opportunity to derive financial benefit
from such activities.

Item 2.  Description of property

  The Company has no properties and, at this time, has no
arrangements to acquire any properties.  The officers of the Company
currently work out of space they already maintain for their other
business interests.  The Company's main office will be at 688 West
Hastings Street, Suite 910, Vancouver, British Columbia, Canada, V6B
1P1.  The Company pays no rent for the use of the offices and has no
lease agreement regarding their use.

Item 3.  Legal proceedings

  Savannah River Group, Inc. is not a party to any pending legal
proceeding or litigation and none of its property is the subject of a
pending legal proceeding. Further, the officer and director knows of
no legal proceedings against Savannah River Group. Inc. or its
property contemplated by any governmental authority.

  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 5.0% 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 the shareholders during the twelve-
month period ended June 30, 2002.
                                PART II

Item 5.  Market for common equity and related stockholder matters

  No established public trading market exists fur Savannah River
Group, Inc.'s securities. Savannah River Group, Inc. has no common
equity subject to outstanding purchase options or warrants. Savannah
River Group. Inc. has no securities convertible into its common
equity. There is no common equity that could be sold pursuant to Rule
144 under the Securities Act or that Savannah River Group, Inc. has
agreed to register under the Securities Act for sale by shareholders.
Except for this offering, there is no common equity that is being, or
has been, publicly proposed to be, publicly offered by Savannah River
Group, Inc.  As of June 30, 2002 there were twelve record holders of
Savannah River Group, Inc., common stock.

Item 6.  Management's discussion and analysis or plan of operation

  The following discussion and analysis of Savannah River Group.
Inc.'s financial condition and results of operations should be read in
conjunction with the Financial Statements and accompanying notes and
the other financial information appearing elsewhere in this Form 10K-
SB.  This Form 10K-SB contains, in addition to historical information,
forward-looking statements that involve risks and uncertainties.
Savannah River Group, Inc.'s actual results could differ materially
from the results discussed in the forward-looking statements.  Factors
that could cause or contribute to such differences include those
discussed below, as well as those discussed elsewhere in this Form 10K-
SB.

  Savannah River Group. Inc. is in the early stages of development
and could fail before implementing its business plan.  It is a "start
up'' venture that will incur net losses for the foreseeable future.
In its Independent Auditor's Report, Savannah River Group's
accountants state that Savannah River Group, Inc. failure to generate
revenues since its inception raise doubts about its ability to
continue as a going concern.

Results of operations

  During the period from August 19, 1999 (date of inception) through
June 30, 2002, Savannah River Group, Inc. has engaged in no
significant operations other than organizational activities,
acquisition of the rights to market Vitamineralherb products.  No
revenues were received by Savannah River Group, Inc. during this
period.

  For the current fiscal year, Savannah River Group, Inc.,
anticipates incurring a loss as a result of organizational expenses,
expenses associated with registration under the Securities Act of
1934, and expenses associated with setting up a company structure to
begin implementing its business plan.  Savannah River Group, Inc. has
implemented its first Milestone in its business plan and has
determined that a viable market does exist for its products in the
state of Georgia.  Savannah River Group, Inc. intends to initiate the
steps needed to implement Milestone #2 which is to hire two sales
people to market the products.  The Company anticipates that until
these procedures are completed it will not generate revenues and may
continue to operate at a loss.

Liquidity and capital resources

  Savannah River Group, Inc. remains in the development stage and,
since inception, has experienced no significant change in liquidity-
or capital resources or shareholders ' equity.  Consequently, Savannah
River Group, Inc.'s balance sheet as of June 30, 2002 reflects total
assets of $zero.  Organizational and legal expenses of $34,308.00 and
accounting expenses of $4,450.00 were paid for by the initial
shareholders and the existing officers and expensed to operations.

  Savannah River Group, Inc. expects to carry out its plan of
business as discussed above.  Savannah River Group, Inc. has accounts
payable of $6,365.00.  Mr. Dussault and Mr. Lowry will serve in their
capacity- as officers and directors of Savannah River Group, Inc.
without compensation until a market is developed for the
Vitamineralherb products.

  Savannah River Group, Inc. has determined that a market does exist
for its products, and its next step in the implementation of its
business plan is to hire two salespeople to call on medical
professionals, alternative health professionals, martial arts studios
and instructors, sports and fitness trainers, other health and fitness
professionals, school and other fund raising programs and other
similar programs and other similar types of customers to interest
these professionals in selling to their clients high-quality, low-cost
vitamins, minerals, nutritional supplements, and other health and
fitness products.  These professionals would sell the products to
their clients via the Internet.

  In addition. Savannah River Group, Inc. may engage in combination
with another business.  Savannah River Group, Inc. cannot predict the
extent to which its liquidity and capital resources will be diminished
prior to the consummation of a business combination or whether its
capital will be further depleted by the operating losses (if any) of
the business entity with which Savannah River Group, Inc. may
eventually combine.  Savannah River Group, Inc. has engaged in no
discussions concerning potential business combinations and has not
entered into any agreement for such a combination.

  Savannah River Group, Inc. will need additional capital to carry
out its business plan and to hire two salespeople.  Management
estimates that it will require approximately $50,000.00 to hire -two
salespeople and pay other expenses for the next twelve months.  No
commitments to provide additional funds have been made by management
or other shareholders.  Accordingly, there can be no assurance that
any additional funds will be available on terms acceptable to Savannah
River Group, Inc. or at all.  Savannah River Group, Inc. has no
commitments for capital expenditures.

Item 7.  Financial Statements

  The Financial Statements are contained in Exhibit A at the end of
  this Form 10KSB.

Item 8.  Changes in and Disagreements with Accountants

  None.  Not applicable.

                               PART III

Item 9.  Directors, executive officers, promoters and control persons

  The following table sets forth the name, age and position of each
director and executive officer of Savannah River Group, Inc.

Name                       Age           Position

Jason Dussault             26            President, Director

Shane Lowry                30            Secretary/Treasurer, Director

  Mr. Jason Dussault has been president and director of Savannah
River Group, Inc. since July 14, 2000. Mr. Dussault also serves as
President of Olivia Communications Ltd. (September 2000 - present), a
company that specializes in corporate communications for public
companies. From 1997 through August 2000, Mr. Dussault was the
President of Liberty One Communications Ltd., an investor relations
service firm located in British Columbia, Canada.  From 1995 through
1997, Mr. Dussault worked for Cypango Ventures in an investor
relations capacity.  Cypango Ventures is a publicly traded company on
the Canadian Dealers Network Exchange (CDNX).

  Mr. Shane Lowry currently serves as President of Icon Capital
Group, Inc., a company with which he has been employed since October
1997.  Icon Capital is a consulting firm, which works with emerging
mining and technology companies.  Prior to his employment with Icon
Capital, Mr. Lowry was employed by Condor Goldfields, Inc., a publicly
listed company trading on the Toronto Stock Exchange.  His duties
included corporate development and investor relations. Condor
Goldfields, Inc. is a mining company with operations in Canada. From
July 1995 to May 1997 Mr. Lowery worked in a similar capacity for
Eaglecrest Explorations, Ltd., Cypango Ventures, Ltd., and U.S.
Diamond Corp., all of which are based in Vancouver, B.C., Canada, and
are listed on the Vancouver Stock Exchange. Mr. Lowery became
Secretary/Treasurer and a Director of Savannah River Group on July 14,
2000.

  The directors named above are elected for one-year terms at the
annual shareholders' meeting.  Officers will hold their positions at
the pleasure of the board of directors, absent any employment
agreements.  No employment agreements currently exist or are
contemplated.

  Both Mr. Dussault and Mr. Lowry will devote their time to the
Company's affairs on an "as needed" basis. As a result, the actual
amount of time which they will devote to the Company's affairs is
unknown and is likely to vary substantially from month to month.

Item 10.  Executive compensation

  No officer or director has received any remuneration for Savannah
River Group, Inc. Although there is no current plan in existence, it
is possible that Savannah River Group, Inc. will adopt a plan to pay
or accrue compensation to its officers and directors for services
related to the implementation of Savannah River Group, Inc.'s business
plan.  Savannah River Group, Inc. has no stock option, retirement,
incentive, defined benefit, actuarial, pension or profit-sharing
programs for the benefit of directors, officers or other employees,
but the Board of Directors may recommend adoption of one or more such
programs in the future.  Savannah River Group, Inc. has no employment
contract or compensatory plan or arrangement with any executive
officer or Savannah River Group, Inc.  The directors currently do no
receive any cash compensation from Savannah River Group, Inc. for
their services as members of the Board of Directors.  There is no
compensation committee, and no compensation policies have been
adopted.

Item 11.  Security ownership of certain beneficial owners and
management

  The following table sets forth, as of March 31, 2001 Savannah River
Group, Inc.'s outstanding common stock owned of record or beneficially
by each Executive Officer and Director and by each person who owned of
record, or was known by Texas E. Solutions, Inc. to own beneficially,
more than 5% of its common stock, and the shareholdings of all
Executive Officers and Directors as a group.  Each person has sole
voting and investment power with respect to the shares shown.

Number of                        Percentage of
Name                             Shares Held      Shares Owned

J.P. Beehner                   1,250,000             28%
P.O. Box 2370
Alvin, TX 77512-2370

Dorothy A. Mortenson        1,450,000(1)          32.44%
P.O. Box 5034
Alvin, TX 77512-5034

All directors and executive
Officers as a group                 Zero             Zero

      (1) Dorothy Mortenson's shares include 200,000 shares owned by
      her husband, David R. Mortenson.

Item 12.  Certain relationships and related transactions

  No director, executive officer or nominee for election as a director
of Savannah River Group, Inc., and no owner of five percent or more of
Savannah River Group, Inc.'s outstanding shares or any member of their
immediate family has entered into or proposed any transaction in which
the amount received exceeds $60,000.  Management services having a
value of $750.00 per month, and rent and telephone having a value of
$500.00 per month have been contributed to the company by Mr. Jason
Dussault, it's President and Shane Lowry its Secretary/Treasurer, and
these have been charged to operations.  Savannah River Group, Inc.
shareholder David R. Mortenson is also a shareholder of
Vitamineralherb.com, Inc.

Item 13. Exhibits and Reports on Form 8-K. The company did not file
any Current Reports on Form 8-K during the quarter ended June 30,
2002.

     Exhibits:
3.1  Articles of Incorporation*
3.2  ByLaws*
4.1  Stock certificate*
10.1 License Agreement*
* Previously filed with initial registration on Form 10-SB.



     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.

                              SAVANNAH RIVER GROUP, INC.

                              By:   __________________
                                   Shane Lowry
                                   Secretary/Treasurer
                                   Director
     Pursuant to the requirements of the Securities Exchange Act of
1934, this report has been signed by the following persons on behalf
of the registrant and in the capacities and on the dates indicated.

          Signature                          Title

        /s/ Jason Dussault                             President and
Director
     Jason Dussault

       /s/ Shane Lowry                            Secretary/Treasurer,
Director
     Shane Lowry

Dated September 24, 2002

                            CERTIFICATIONS

I, Jason Dussault, certify that:

1.I have reviewed this annual report on Form 10-KSB of Savannah River
Group, Inc.;

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 presents 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.

Date: September 24, 2002.

                                     /s/ Jason Dussault
                                   Jason Dussault

I, Shane Lowry, certify that:

1.I have reviewed this annual report on Form 10-KSB of Savannah River
Group, Inc.;

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 presents 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.

Dated: September 24, 2002.

                                     /s/ Shane Lowry
                                   Shane Lowry









EXHIBIT "A"
Savannah River Group Inc.
(A Development Stage Company)


Index

Independent Auditor's Report  F-1

Balance Sheets F-2

Statements of Operations F-3

Statements of Cash Flows F-4

Statement of Shareholders' Equity  F-5

Notes to the Financial Statements  F-6
Independent Auditor's Report


To the Stockholders and Board of Directors
of Savannah River Group Inc.
(A Development Stage Company)


We have audited the accompanying balance sheets of Savannah River
Group Inc. (A Development Stage Company) as of June 30, 2002 and 2001
and the related statements of operations, stockholders' deficit and
cash flows for the period from August 19, 1999 (Date of Inception) to
June 30, 2002 and the years ended June 30, 2002 and 2001. These
financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.

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

In our opinion, the aforementioned financial statements present
fairly, in all material respects, the financial position of Savannah
River Group Inc. (A Development Stage Company), as of June 30, 2002
and 2001 and the results of its operations and its cash flows for the
period from August 19, 1999 (Date of Inception) to June 30, 2002 and
the years ended June 30, 2002 and 2001 in conformity with U.S.
generally accepted accounting principles.

The accompanying financial statements have been prepared assuming the
Company will continue as a going concern. As discussed in Note 1 to
the financial statements, the Company has not generated any revenues
or conducted any operations since inception. These factors raise
substantial doubt about the Company's ability to continue as a going
concern. Management's plans in regard to these matters are also
discussed in Note 1. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.


"Manning Elliott"


CHARTERED ACCOUNTANTS
Vancouver, Canada
September 10, 2002
Savannah River Group Inc.
(A Development Stage Company)
Balance Sheets


                                                 June 30, June 30,
                                                   2002     2001
                                                    $        $

Assets
License (Note 3)                                    -        -

Total Assets                                        -        -


Liabilities and Stockholders' Deficit
Current Liabilities
 Accounts payable                                 5,365    750
 Accrued
 liabilities                                      1,000    8,000

Total Liabilities                                 6,365    8,750


Contingent Liability (Note 1)

Stockholders' Deficit
Common Stock, 25,000,000 shares authorized with
a par value of $.001; 4,500,000 shares issued
and outstanding respectively                      4,500    4,500
Additional Paid-in Capital (Note 4(c))            31,593   25,843
Donated Capital (Note 4(b))                       34,000   22,000
Deficit Accumulated During the Development Stage (76,458) (61,093)

Total Stockholders' Deficit                       (6,365)  (8,750)

Total Liabilities and Stockholders' Deficit         -         -

(The  accompanying  notes  are  an  integral
part  of  the  financial statements)



Savannah River Group Inc.
(A Development Stage Company)
Statements of Operations


                                     From August 19,1999 Year ended   Year ended
                                    (Date of Inception)   June 30,      June 30,
                                      to June 30, 2002     2002           2001
                                       $                      $             $

Revenues                                     -              -              -

Expenses
 Accounting and audit                       4,450           1,700       2,750
 Amortization                                 667           -              -
 Legal and organization expenses           34,308           1,165      18,643
 License written-off                        1,333           -              -
 Transfer  agent                            1,200           -              -
 Value of services donated by a
 related party (Note 4)                    25,500           9,000      16,500
 Value of rent and telephone donated
 by a related party (Note 4)                8,500           3,000       5,500
 Website maintenance fee                      500             500           -

                                           76,458          15,365      43,393

Net Loss                                  (76,458)        (15,365)    (43,393)


Loss Per Share                                              -            (.01)


Weighted Average Shares Outstanding                       4,500,000  4,500,000


(Diluted loss per share has not been presented
 as the result is anti-dilutive)






(The accompanying notes are an integral part of the financial statements)

Savannah River Group Inc.
(A Development Stage Company)
Statements of Cash Flows


                                   From August 19,1999   Year ended   Year ended
                                   (Date of Inception)     June 30,    June 30,
                                     to June 30, 2002       2002         2001
                                            $                 $            $

Cash Flows to Operating Activities
            Net loss                        (76,458)       (15,365)     (43,393)
 Non cash items
   Expenses paid by a related party on
   the Company's behalf                      31,593          5,750       25,843
   Expenses not paid with cash                2,500             -         -
   Amortization                                 667             -         -
   License written-off                        1,333             -         -
   Value of services and amenities
   donated by a related party                34,000         12,000       22,000
 Change in non-cash working capital items
   Accounts payable                           5,365          4,615         (450)
   Accrued liabilities                        1,000         (7,000)      (4,000)

Net Cash Used by Operating Activities             -             -         -

Cash Flows from Financing Activities
   Increase in  shares issued                     -             -         -

Net Cash Provided by Financing Activities         -             -         -

Change in cash                                    -             -         -
Cash - beginning of period                        -             -         -

Cash - end of period                              -             -         -

Non-Cash Financing Activities
 A total of 2,500,000 shares were
 issued to a former director at a fair
 market value of $0.001 per share
 for organization expenses                       2,500          -         -
 A total of 2,000 shares were issued
 at a fair market value of $.001 per share
 for the acquisition of a license(Note 3)        2,000          -         -
 Debt relating to Company expenses paid
 by the President was forgiven and treated
 as additional paid-in capital                  31,593        5,750    25,843

                                                36,093        5,750    25,843

Supplemental Disclosures
 Interest paid                                   -              -         -
 Income tax paid                                 -              -         -
Savannah River Group Inc.
(A Development Stage Company)
Statement of Shareholders' Deficit
From August 19, 1999 (Date of Inception) to June 30, 2002



<TABLE>
<CAPTION>

                                                                          Deficit
                                                                          Accumulated
                                                     Additional           During the
                                      Common Stock   Paid-in    Donated   Development
                                     Shares  Amount  Capital    Capital   Stage
                                     #          $       $          $         $
<S>                                 <C>       <C>    <C>        <C>      <C>
Balance-August 19,
1999 (Date of Inception)                -       -       -          -          -
Stock issued for $2,500 of
organizational expenses             2500000   2,500     -          -          -
Stock issued for license            2000000   2,000     -          -          -
Net loss for the period                 -       -       -          -     (17,700)

Balance - June 30, 2000             4500000   4,500     -          -     (17,700)
 Net loss for the year                  -       -       -          -     (43,393)
 Expenses paid by shareholder on
 behalf of the Company                  -       -     25,843       -          -
 Services and amenities
 contributed by a shareholder           -       -       -       22,000        -

Balance - June 30, 2001             4500000   4,500   25,843    22,000   (61,093)
 Net loss for the year                  -       -       -          -     (15,365)
 Expenses paid by shareholder on
 behalf of the Company                  -       -      5,750       -          -
 Services and amenities contributed
 by a shareholder                       -       -       -       12,000        -

Balance - June 30, 2002             4500000   4,500   31,593    34,000   (76,458)

</TABLE>



1.Development Stage Company
  Savannah  River  Group Inc. herein (the "Company") was  incorporated
  in the State of Nevada, U.S.A. on August 19, 1999.
  On  February 14, 2000, the Company acquired a sub-license  agreement
  with  David R. Mortenson & Associates (a related party). The License
  Agreement     grants    an    exclusive    right    to    distribute
  Vitamineralherb.com products to health and fitness professionals  in
  the  state  of  Georgia via the Internet. The Company  acquired  the
  license  under  the terms of a settlement agreement by  and  between
  the   Company   and   Mortenson  &  Associates,  an   affiliate   of
  Vitamineralherb.com. Mortenson & Associates had granted the  Company
  a  license  to  distribute  and produce  an  oxygen  enriched  water
  product.  Mortenson  & Associates acquired its right  to  sublicense
  this  water product to the Company from NW Technologies  Inc.  As  a
  result  of  a legal dispute between David R. Mortenson, Mortenson  &
  Associates  and NW Technologies, Mortenson & Associates  was  unable
  to  fulfill its obligations to the Company under the license.  Under
  the  terms  of  the  settlement agreement,  Vitamineralherb.com,  an
  affiliate  of  Mortenson & Associates, granted to  the  Company  the
  license  to distribute Vitamineralherb.com products in part for  its
  agreement not to pursue its claims against Mortenson & Associates.
  The  Company  has a three-year license to market and sell  vitamins,
  minerals,  nutritional  supplements, and other  health  and  fitness
  products    to    medical    professionals,    alternative    health
  professionals,  martial  arts studios and  instructors,  sports  and
  fitness  trainers,  other health and fitness  professionals,  school
  and  other  fund  raising  programs  and  other  similar  types   of
  customers  via  the Internet for sale to their clients  in  Georgia.
  The  license will be automatically renewed every three years  unless
  the  Company  or Vitamineralherb.com gives the other notice  of  its
  intent not to renew.
  Vitamineralherb.com   has   agreed  to  provide   certain   business
  administrative   services   to   the  Company,   including   product
  development,  store  inventory, website  creation  and  maintenance,
  establishment  of banking liaisons, and development and  maintenance
  of  an  order  fulfilment system, thereby enabling  the  Company  to
  focus  strictly  on  marketing and sales.  Some  services,  such  as
  development of the website and the order fulfilment system  will  be
  provided  by  Vitamineralherb.com, while  others,  such  as  product
  development  and store inventory, will be provided  by  the  product
  supplier.
  In  a  development  stage company, management devotes  most  of  its
  activities   in   investigating  business   opportunities.   Planned
  principal activities have not yet begun. The ability of the  Company
  to  emerge  from the development stage with respect to  any  planned
  principal   business  activity  is  dependent  upon  its  successful
  efforts   to   raise  additional  equity  financing  and/or   attain
  profitable  operations. There is no guarantee that the Company  will
  be  able  to raise any equity financing or sell any of its  products
  at  a  profit.  There is substantial doubt regarding  the  Company's
  ability to continue as a going concern.
  The  Company  has filed a Registration Statement on  Form  10-SB  to
  register  its  common  shares  with  the  United  States  Securities
  Commission.


2.Summary of Significant Accounting Policies
  (a) Year end
     The Company's fiscal year end is June 30.






(The accompanying notes are an integral part of the financial
statements)
Savannah River Group Inc.
(A Development Stage Company)
Notes to the Financial Statements
(expressed in U.S. dollars)
2.   Summary of Significant Accounting Policies (continued)
     (b)  Licenses
     The  cost  to  acquire the License was capitalized. The  carrying
     value  of  the License is evaluated in each reporting  period  to
     determine  if  there  were  events or circumstances  which  would
     indicate  a  possible inability to recover the  carrying  amount.
     Such  evaluation is based on various analyses including assessing
     the  Company's  ability to bring the commercial  applications  to
     market,  related profitability projections and undiscounted  cash
     flows  relating  to  each application which necessarily  involves
     significant  management judgment. Where an  impairment  loss  has
     been  determined  the  carrying amount is  written-down  to  fair
     market  value. Fair market value is determined as the  amount  at
     which  the license could be sold in a current transaction between
     willing  parties. The License has been written-off to  operations
     as  at  December 31, 1999 due to cancellation of the  Biocatalyst
     License Agreement.
  (c) Cash and Cash Equivalents
     The  Company  considers  all  highly liquid  instruments  with  a
     maturity  of three months or less at the time of issuance  to  be
     cash equivalents.
  (d) Revenue Recognition
     The  Company will receive from the Licensor, commissions  on  the
     net  sales  made by the Company's customers through the Grantor's
     Web  Site. The Grantor will retain a 10% override on gross  sales
     made  through the website by the licensee. The commission revenue
     will  be  recognized in the period the sales have  occurred.  The
     Company will report the commission revenue on a net basis as  the
     Company  is  acting  as an Agent for the Licensor  and  does  not
     assume  any  risks or rewards of the ownership of  the  products.
     This  policy is prospective in nature as the Company has not  yet
     generated any revenue.
  (e) Use of Estimates
     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 and disclosure of contingent assets and
     liabilities  at  the  date of the financial  statements  and  the
     reported  amounts  of revenues and expenses during  the  periods.
     Actual results could differ from those estimates.
  (f) Offering Costs
     In  accordance with SEC staff accounting Bulletin No. 5  offering
     costs  may  properly be deferred and charged against proceeds  of
     the  offering.  The Company has elected to charge  such  offering
     costs to operations.
  (g) Accounting for Stock-Based Compensation
     SFAS No. 123, "Accounting for Stock-Based Compensation," requires
     that  stock awards granted be recognized as compensation  expense
     based  on  fair  values  at the date of grant.  Alternatively,  a
     company  may  account for stock awards granted  under  Accounting
     Principles  Board  Opinion (APB) No. 25,  "Accounting  for  Stock
     Issued to Employees," and disclose pro forma income amounts which
     would  have  resulted from recognizing such awards at their  fair
     value.  The  Company  has  elected  to  account  for  stock-based
     compensation for employees under APB No. 25 and make the required
     pro  forma  disclosures  for compensation  expense.  Stock  based
     compensation for non-employees are accounted for using  SFAS  No.
     123.

3.   Licenses
  (a)  The  Company  acquired  a license to market  and  distribute  a
     product in Virginia. The Company's right to use this license  was
     in  jeopardy  due to a lawsuit between the vendor of the  license
     and  the original owner. As a result, the unamortized balance  of
     $1,333  was  written-off  to  operations.  The  Company  and  its
     shareholder  have the right to sue for breach of  contract.  This
     license  was cancelled and all financial obligations pursuant  to
     the License Agreement were extinguished.
  (b)  As  a replacement for the above license, at no additional cost,
     the  Company  was  granted additional rights to market  vitamins,
     minerals,  nutritional supplements and other health  and  fitness
     products  through the Grantor's Web Site. The Company desires  to
     market  these  products  to  medical  practitioners,  alternative
     health  professionals,  martial  arts  studios  and  instructors,
     sports   and   fitness   trainers,  other  health   and   fitness
     practitioners, school and other fund raising programs  and  other
     similar  types of customers in Georgia. The license was  acquired
     on  February 14, 2000 for a term of three years. The Company must
     pay  an  annual fee of $500 for maintenance of the Grantor's  Web
     Site  commencing on the anniversary date. The Grantor has  waived
     the  annual fee for 2002. The licensor retains 10% of  the  gross
     sales.
     The  Company  has conducted a marketing survey to  determine  its
     core  target market from amongst the potential clients under  its
     Vitamineralherb.com  license. The results indicate  a  favourable
     marketing opportunity in the State of Georgia.
     Also see Note 1 for further details on the licenses.


4.   Related Party Transactions
  (a) Acquisition of License
     The License referred to in Note 3(a) was sold to the Company by a
     partnership  whose general manager is the spouse  of  the  former
     Secretary/Treasurer  of the Company and  a  former  director  for
     consideration   of  2,000,000  shares  for  total   fair   market
     consideration of $2,000, also being the transferor's cost of such
     license.  These shares were paid evenly to the ten partners.  The
     replacement  license was also owned by the same partnership.  The
     general  manager  of  the  partnership  owns  200,000  shares  of
     Vitamineralherb.com.
  (b) Donated services and amenities
     Management services having a value of $750 per month and rent and
     telephone  having a value of $500 per month were  contributed  by
     the   President  of  the  Company  and  charged  to   operations.
     Management  services are based on time spent by the President  on
     the  Company's  affairs.  Rent and telephone  are  based  upon  a
     reasonable allocation of expenses paid by an affiliated  company.
     These  expenses would not have been any different had the Company
     been an unaffiliated company.
  (c) Forgiveness of debt
     Expenses of the Company in the amount of $5,750 ($25,843 to  June
     30,  2001) were paid by the President of the Company. The related
     debt  owing  to the President was forgiven by the President.  The
     debt was treated as additional paid-in capital.








(The  accompanying notes are an integral part of the financial
statements)