U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**Form 10**-**QSB**

(Mark One)

X...Quarterly report under section 13 or 15(d) of the Securities Exchange Act of 1934 for the
quarterly period ended November 30, 2002.

....Transition report under section 13 or 15(d) of the Securities Exchange Act of 1934 for the
transition period from _________ to _________.





|Colorado                                       | 0-23561                  | 84-1431797                          
|---------------------------------------------- | ------------------------ | ------------------------------------
|(State or other jurisdiction of
incorporation) | (Commission File Number) | (IRS Employer Identification
Number)

|103 - 20120 64th Avenue 
Langley, B.C.,  Canada | V2Y 1M8   
|----------------------------------------------- | ----------
|(Address of principal executive offices)        | (Zip Code)

Registrant's telephone number, including area code(604) 533-9301

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

Applicable only to issuers involved in bankruptcy proceedings during the past five years:

Check whether the issuer has filed all documents and reports required to be filed by Section 12,
13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a
court. Yes ____  No ____

Applicable only to corporate issuers:

State the number of shares outstanding of each of the issuer's classes of common equity, as of the
latest practicable date:35,457,597 as of November 30, 2002.

Transitional Small Business Disclosure Format (Check one):

Yes ____  No  X

PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS AND EXHIBITS

(a) The unaudited financial statements of registrant as of and for the period ending
November 30, 2002 follow.



SUNBURST ACQUISITIONS IV, INC. and SUBSIDIARY

FINANCIAL STATEMENTS

Quarter ended November 30, 2002

|INDEX TO FINANCIAL STATEMENTS: | 
|------------------------------ | 
|                               | 
|Balance Sheet                  | 
|Statements of Operations       | 
|Statements of Cash Flows       | 
|Notes to Financial Statements  | 

Sunburst Acquisitions IV, Inc. and Subsidiary

(A Development Stage Company)

BALANCE SHEET

November 30, 2002

|                                         | **ASSETS**                                           |                                                      |                 
|---------------------------------------- | ---------------------------------------------------- | ---------------------------------------------------- | ----------------
|                                         |                                                      |                                                      |                 
|***CURRENT ASSETS*****                   |                                                      |                                                     
|                                         | **************Cash and cash equivalents              |                                                      | $         14,629
|                                         | **************Investment                             |                                                      | 22,353          
|                                         | **************Accounts Receivable                    |                                                      | 41,849          
|                                         | Notes receivable****                                 | ****                                                 | 75,000          
|                                         | Other current assets****                             | ****                                                 | 14,573          
|                                         |                                                      |                                                      |                 
|                                         |                                                      | ******Total current assets**                         | ****            
|                                         |                                                      |                                                      |                 
|***************OTHER ASSETS***           | ****                                                 |                                                     
|                                         | **************Deposits****                           | ****                                                 | 83,152          
|                                         |                                                      |                                                      |                 
|                                         |                                                      | ******************TOTAL ASSETS**                     | ****            
|                                         |                                                      |                                                      |                 
|                                         | **************LIABILITIES AND STOCKHOLDERS'
EQUITY** | ****                                                 |                 
|                                         |                                                      |                                                      |                 
|***************CURRENT LIABILITIES***    | ****                                                 |                                                     
|                                         | Accounts payable                                     |                                                      | $         17,234
|                                         | Accrued interest                                     |                                                      | 10,149          
|                                         | Notes payable - related parties                      |                                                      | 28,500          
|                                         |                                                      |                                                      |                 
|                                         |                                                      | **************Total current liabilities**            | ****            
|                                         |                                                      |                                                      |                 
|***************STOCKHOLDERS' EQUITY***** |                                                      |                                                     
|                                         | Preferred stock, no par value; 20,000,000 shares     |                                                     
|                                         |                                                      | authorized; no shares issued and outstanding         | -               
|                                         | Common stock, no par value; 200,000,000 shares       |                                                     
|                                         |                                                      | authorized; 35,457,597 shares issued and outstanding | 1,701,843       
|                                         | Additional paid-in capital                           |                                                      | 48,320          
|                                         | Deficit accumulated during the development stage     | (1,541,496)                                         
|                                         | Foreign exchange loss, unrealized                    |                                                      | (12,994)        
|                                         |                                                      |                                                      |                 
|                                         |                                                      |                                                      |                 
|                                         |                                                      |                                                      |                 
|                                         |                                                      | ******TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY**   | $       251,556 
|                                         |                                                      |                                                      |                 

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

Sunburst Acquisitions IV, Inc. and Subsidiary

(A Development Stage Company)

STATEMENTS OF OPERATIONS

|                                                                           |                                                                                    |                                                 | **For the period**                 | ****                    |                           |                           |         
|-------------------------------------------------------------------------- | ---------------------------------------------------------------------------------- | ----------------------------------------------- | ---------------------------------- | ----------------------- | ------------------------- | ------------------------- | --------
|                                                                           |                                                                                    |                                                 | ******************from inception** | ****                    |                           |                           |         
|                                                                           |                                                                                    |                                                 | **(March 19, 1999)**               | **For the nine months** | **For the three months** 
|****                                                                       |                                                                                    |                                                 | **to November 30,**                | **ended November 30,**  | **ended November 30,**   
|****                                                                       |                                                                                    |                                                 | **2002**                           | **2002**                | **2001**                  | **2002**                  | **2001**
|****                                                                       |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**********************REVENUES**                                           | $          250,779                                                                 | $         42,544                                | $                  -               | $        42,544         | $                      - 
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**EXPENSES**                                                               |                                                                                    |                                                 |                                    |                         |                          
|                                                                           | ********Cost of goods sold                                                         | 27,526                                          | 27,526                             | -                       | 27,526                    | -                        
|                                                                           | ********Selling, general and administrative                                        | 975,813                                         | 177,027                            | 69,802                  | 4,911                     | 44,165                   
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|                                                                           |                                                                                    | ********Total expenses                          | 1,003,339                          | 204,553                 | 69,802                    | 32,437                    | 44,165  
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**NET OPERATING INCOME (LOSS)**                                            | (752,560)                                                                          | (162,009)                                       | (69,802)                           | 10,107                  | (44,165)                 
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**OTHER INCOME AND EXPENSE**                                               |                                                                                    |                                                 |                                    |                         |                          
|                                                                           | Interest expense                                                                   | (37,578)                                        | (3,686)                            | (4,588)                 | (1,140)                   | (1,518)                  
|                                                                           | Gain on sale of securities                                                         | 469,863                                         | 69,863                             | -                       | -                         | -                        
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**NET INCOME (LOSS) FROM**                                                 |                                                                                    |                                                 |                                    |                         |                          
|**CONTINUING OPERATIONS**                                                  | (320,275)                                                                          | (95,832)                                        | (74,390)                           | 8,967                   | (45,683)                 
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**********DISCONTINUED OPERATIONS:**                                       |                                                                                    |                                                 |                                    |                         |                          
|                                                                           | ********Loss from operations of Hollywoodbroadcasting.com                          |                                                 |                                    |                         |                           |                          
|                                                                           |                                                                                    | ********disposed of (net of income taxes of $0) | (2,066,371)                        | -                       | (46,940)                  | -                         | -       
|                                                                           | ********Gain on disposition of discontinued operations (net of income
taxes of $0) | 845,150                                         | -                                  | 845,150                 | -                         | 845,150                  
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|********NET INCOME (LOSS)                                                  | (1,541,496)                                                                        | (95,832)                                        | 723,820                            | 8,967                   | 799,467                  
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|Accumulated deficit                                                        |                                                                                    |                                                 |                                    |                         |                          
|                                                                           | Balance, beginning of period                                                       | -                                               | (1,445,664)                        | (2,167,014)             | (1,550,463)               | (2,242,661)              
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|                                                                           | Balance, end of period                                                             | $         (1,541,496)                           | $  (1,541,496)                     | $ (1,443,194)           | $  (1,541,496)            | $      (1,443,194)       
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**NET INCOME (LOSS) PER SHARE**                                            | $                  (0.01)                                                          | $           (NIL)                               | $       (NIL)                      | $           (NIL)       | $                (NIL)   
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|********Other comprehensive income                                         |                                                                                    |                                                 |                                    |                         |                          
|                                                                           | Unrealized foreign exchange loss                                                   | $              (12,994)                         | $      (12,994)                    | $             -         | $           (575)         | $                       -
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**OTHER COMPREHENSIVE INCOME**                                             | $              (12,994)                                                            | $      (12,994)                                 | $             -                    | $         (575)         | $                       -
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**TOTAL COMPREHENSIVE INCOME (LOSS)**                                      | $         (1,554,490)                                                              | $     (108,826)                                 | $ 723,820                          | $         8,392         | $          799,467       
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**TOTAL COMPREHENSIVE INCOME (LOSS) PER SHARE**                            |                                                                                    |                                                 |                                    |                         |                          
|                                                                           | Income (loss) from continuing operations                                           | $                (0.01)                         | $                  -               | $                   -   | $                  -      | $                       -
|                                                                           | ********Loss from discontinued operations                                          | (0.06)                                          | -                                  | -                       | -                         | -                        
|                                                                           | ********Gain on disposal of discontinued operations                                | 0.03                                            | -                                  | 0.03                    | -                         | 0.03                     
|                                                                           | ********Other comprehensive income                                                 | -                                               | -                                  | -                       | -                         | -                        
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|                                                                           | ****************Total comprehensive income (loss)                                  | $               (0.05)                          | $           (0.00)                 | $             0.02      | $              0.00       | $              0.03      
|                                                                           |                                                                                    |                                                 |                                    |                         |                           |                           |         
|**WEIGHTED AVERAGE NUMBER OF SHARES OF
COMMON STOCK AND** **COMMON STOCK** |                                                                                    |                                                 |                                    |                         |                          
|****                                                                       | **EQUIVALENTS OUTSTANDING**                                                        | ****    33,212,293                              | 33,360,015                         | 32,206,172              | 34,475,872                | 31,865,577               

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

Sunburst Acquisitions IV, Inc. and Subsidiary

(A Development Stage Company)

STATEMENTS OF CASH FLOWS

|                                         |                                                      |                                         |                                          | **For the period**           | ****                    |          
|---------------------------------------- | ---------------------------------------------------- | --------------------------------------- | ---------------------------------------- | ---------------------------- | ----------------------- | ---------
|                                         |                                                      |                                         |                                          | ******from inception**       | ****                    |          
|                                         |                                                      |                                         |                                          | **********(March 19, 1999)** | **For the nine months**
|****                                     |                                                      |                                         |                                          | **to November 30,**          | **ended November 30,** 
|****                                     |                                                      |                                         |                                          | **2002**                     | **2002**                | **2001** 
|**CASH FLOWS FROM OPERATING ACTIVITIES** |                                                      |                                         |                                         
|Net income (loss)                        | $        (1,541,496)                                 | $         (95,832)                      | $        723,820                        
|Adjustments to reconcile                 |                                                      |                                         |                                         
|                                         | net income (loss) to net cash flows                  |                                         |                                          |                             
|                                         | from operating activities:                           |                                         |                                          |                             
|                                         |                                                      | Gain on sale of securities              | (469,863)                                | (69,863)                     | -                      
|                                         |                                                      | Foreign exchange loss, unrealized       | (12,994)                                 | (12,994)                     | -                      
|                                         |                                                      | Issuance of options                     | 79,320                                   | 79,320                       | -                      
|                                         |                                                      | Depreciation                            | 52,332                                   | -                            | 17,449                 
|                                         |                                                      | Discontinued operations                 | (846,150)                                | -                            | -                      
|                                         |                                                      | Increase in inventory                   | (57,705)                                 | -                            | -                      
|                                         |                                                      | Increase in other assets                | (572,982)                                | (89,954)                     | (386)                  
|                                         |                                                      | Increase in accounts receivable         | (49,987)                                 | (41,849)                     | (5,836)                
|                                         |                                                      | Increase in accrued expenses            | 144,512                                  | 1,185                        | 25,413                 
|                                         |                                                      | Increase (decrease) in accounts payable | 136,128                                  | 8,720                        | (3,993)                
|                                         |                                                      |                                         |                                          |                              |                         |          
|                                         |                                                      |                                         | Net cash flows from operating activities | (3,138,885)                  | (221,267)               | 756,467  
|                                         |                                                      |                                         |                                          |                              |                         |          
|**CASH FLOWS FROM INVESTING ACTIVITIES** |                                                      |                                         |                                         
|                                         | ******** Purchase of investment                      | (22,353)                                | (22,353)                                 | -                           
|                                         | ******** Proceeds from sale of securities            | 394,863                                 | 69,863                                   | -                           
|                                         | Purchase of property and equipment                   | (208,585)                               | -                                        | -                           
|                                         |                                                      |                                         |                                          |                              |                         |          
|                                         |                                                      |                                         | Net cash flows from investing activities | 163,925                      | 47,510                  | -        
|                                         |                                                      |                                         |                                          |                              |                         |          
|**CASH FLOWS FROM FINANCING ACTIVITIES** |                                                      |                                         |                                         
|                                         | ******** Discontinued operations                     | -                                       | -                                        | (846,150)                   
|                                         | ******** Proceeds of sale of discontinued operations | 1,000                                   | -                                        | 1,000                       
|                                         | ******** Related party debt                          | 691,056                                 | (49,500)                                 | (500)                       
|                                         | ******** Proceeds from notes payable to stockholders | 548,191                                 | -                                        | -                           
|                                         | ******** Proceeds from notes payable                 | 100,500                                 | -                                        | -                           
|                                         | ******** Proceeds from exercise of options           | 33,000                                  | 33,000                                   | -                           
|                                         | Issuance of common stock                             | 1,615,842                               | 204,426                                  | 66,300                      
|                                         |                                                      |                                         |                                          |                              |                         |          
|                                         |                                                      |                                         | Net cash flows from financing activities | 2,989,589                    | 187,926                 | (779,350)
|                                         |                                                      |                                         |                                          |                              |                         |          
|**NET INCREASE (DECREASE) IN CASH**      |                                                      |                                         |                                         
|                                         | ******AND CASH EQUIVALENTS**                         | 14,629                                  | 14,169                                   | (22,883)                    
|                                         |                                                      |                                         |                                          |                              |                         |          
|**********CASH AND CASH EQUIVALENTS,**   |                                                      |                                         |                                         
|                                         | ******BEGINNING OF PERIOD**                          | -                                       | 460                                      | 25,632                      
|                                         |                                                      |                                         |                                          |                              |                         |          
|**********CASH AND CASH EQUIVALENTS,**   |                                                      |                                         |                                         
|                                         | ******END OF PERIOD**                                | $               14,629                  | $          14,629                        | $            2,749          

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

**Sunburst Acquisitions IV, Inc. and Subsidiary**

**(A Development Stage Company)**

**Notes to Financial Statements**

**November 30, 2002**



**1.         Management's Representation of Interim Financial Information**

The accompanying financial statements have been prepared by Sunburst Acquisitions IV,
Inc. without audit pursuant to the rules and regulations of the Securities and Exchange
Commission.  Certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted accounting principles have
been condensed or omitted as allowed by such rules and regulations, and management
believes that the disclosures are adequate to make the information presented not
misleading.  These financial statements include all of the adjustments which, in the
opinion of management, are necessary to a fair presentation of financial position and
results of operations.  All such adjustments are of a normal and recurring nature.  These
financial statements should be read in conjunction with the audited financial statements at
February 28, 2002.

**2.	Stock Compensation**

On June 5, 2002, the Company granted 100,000 options under its Incentive Stock Option
Plan.  Compensation expense was recognized during that quarter totaling $17,320.  These
options were exercised at $0.03 per share on June 5, 2002.  The shares related to these
options were issued in the current quarter.****

**3.	Private Placement**

The Company began accepting subscriptions for shares of common stock at $0.10 per
share. In the previous quarter, the Company had received $194,536 as payment for
approximately 1,945,360 shares of common stock.  No stock had been issued in the
previous quarter.  In the current quarter, the Company received $7,974 as payment for
79,738 shares of common stock.  The Company also issued 220,000 shares of common
stock in exchange for converting debt in the amount of $22,000.  As of this quarter, all
2,245,098 shares of common stock have been issued.****

**4.	Distributorship Agreement**

The Company has been assigned a sub-distributorship pursuant to a contract between
1357784 Ontario Ltd. ("EPI") and Romlight International ("Romlight"), wherein the
Company agrees to purchase from Romlight 25,000 units of a Romlight ballast.  The
Company has a deposit with EPI totaling approximately $83,000 ($130,200CND) at
November 30, 2002 in which approximately $51,000 ($79,200CND) represents payments
for the annual purchase commitment.****

During the previous quarter, the Company paid approximately $9,600 ($15,000CND) as a
downpayment on 500 units of Romlight ballast and funded a $22,400 ($35,000CND)
letter of credit to be paid when the 500 units of Romlight ballast are delivered.  The
Company also paid approximately $19,200 ($30,000CND) as a downpayment on a 600
watt Romlight ballast.

During the previous quarter, the Company took delivery of 150 units of Romlight Ballast
valued at $13,475 ($21,000CND).

During the current quarter, the Company sold ballast and recorded revenue and a
receivable.

Subsequent to the end of the current quarter, the Company took delivery of the remaining
350 units of Romlight Ballast valued at  $31,294 ($49,000CND).

******Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR  PLAN OF**

**OPERATIONS**

SPECIAL NOTE OF CAUTION REGARDING FORWARD-LOOKING STATEMENTS

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

Plan of Operations

The Company remains in the development stage.  Its plan of operations for the remainder
of the current fiscal year is to continue its efforts to develop a business related to the marketing,
distribution and sale of digital electronic ballasts through its wholly owned Canadian subsidiary,
Sunburst Digital, Inc.

The Company has been assigned a sub-distributorship pursuant to a contract between
1357784 Ontario Ltd. ("EPI") and Romlight International, the manufacturer.  The ballasts are
produced in sizes ranging from 70 watts to 1000 watts, and under the sub-distributorship, the
Company is the sole distributor worldwide to the hydroponics industry.  Under the terms of this
sub-distributorship, the company has an annual purchase commitment of 100,000 ballasts subject
to the ability of the manufacturer to produce and deliver ballasts in a timely fashion.  Romlight
has not been able to deliver the product, and as a result, the agreement is being re-negotiated by
mutual agreement.   A total of 150 40-watt ballasts were delivered to the Company prior to the
end of the quarter, and the remaining 350 400-watt ballasts were delivered after the end of the
quarter.  The 150 units delivered during the quarter were sold by the Company during the quarter,
thereby generating revenue of approximately $42,000.  The Company believes that it will
complete the sale of the remaining 350 units on or before February 15, 2003.

During the first quarter, the company placed an order for purchase of 25,000 1000-watt
ballasts and paid an initial deposit to EPI of approximately $65,600.  Romlight has not been able
to deliver the 1000-watt unit due to production and design difficulties.  The delivery schedules
prepared for Sunburst have not been kept.  As a result of delivery difficulties encountered with
the 1000-watt unit, the Company has placed an order for 5000 600-watt ballasts.  This product is
proven to be reliable and the design is complete.  $20,000 US has been advanced as a deposit on
this order.  Delivery is expected to start March 16, 2003, and be completed by June of 2003.  The
Company expects gross sales of $650,000 from the sale of 5000 units.

The agreement and payment schedule for the 600-watt ballast is currently being re-negotiated.  It is expected that the funds advanced to date will remain as a deposit on the last
1000 units of the 5000 unit order.  Management believes that the units can be sold and funds
collected by the Company immediately upon delivery of the product.  Therefore, the Company
plans to pay for purchase of the ballasts within 10 days after delivery, using funds generated from
sale of the units.  As a result the Company will not require additional funds prior to receiving
delivery of the order.

The Company continues to test all sizes of the ballast and, as part of its marketing efforts,
has introduced the electronic ballast to a number of potential users.  Management cautions that it
is a new product and acceptance may be limited.

The quality of the product from 70 up to 600 watts has been consistent and has met
management's performance expectations.  As a result, the Company continues to contact
potential customers.  Offices have been set up in the UK and Eastern Europe, and Australia is
being considered.

To reduce risk, the Company intends to fund further orders with Romlight via a Letter of
Credit to be exercised only when the product has been delivered, rather than making a cash
deposit in advance.  Romlight has agreed to apply the $65,600US deposit, which was advanced
for the 1000-watt order to the new 5000 600-watt order.

The Company continues to evaluate other energy-efficient products that could be
marketed to the hydroponic industry.

During the second quarter, the Company sold a total of 1,945,360 shares at $0.10 per
share in a private placement offering through which the Company received gross offering
proceeds of $194,536.   In the third quarter, the Company sold an additional 79,738 shares in its
private offering and received additional gross offering proceeds of $7,974.  It also issued 220,000
shares at $0.10 per share in satisfaction of debt.  The shares for all of these transactions were
issued in the third quarter.  As a result, a total of 2,245,098 new shares were issued during the
third quarter, increasing the number of issued and outstanding shares to 35,457,597.  The
Company had cash on hand of $14,629 as of November 30, 2002.

The Company plans to use its cash on hand and revenues from product sales to pay on-going expenses related to compliance with its reporting obligations under the Securities
Exchange Act of 1934.  However, there is no assurance that these funds will be sufficient to
satisfy the Company's cash needs.  Therefore, the Company is also continuing to seek further
funding for working capital and for other business opportunities.

ITEM 3.	CONTROLS AND PROCEDURES

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

PART II - OTHER INFORMATION

ITEM 2.	CHANGES IN SECURITIES

During the second quarter, the Company sold a total of 1,945,360 shares at a price of $0.10
per share in a private offering.  The gross offering proceeds from shares sold during the second
quarter was $194,536.

During the third quarter, the Company continued its private placement offering and sold an
additional 79,738 shares at a price of $0.10 per share.  As a result, during the third quarter, the
Company received additional gross offering proceeds of $7,974.

All of the shares offered and sold for cash in both the second and third quarters were sold to
persons who are "accredited investors" as that term is defined in Rule 501 of Regulation D under the
Securities Act of 1933, and/or to persons who are non-U.S. persons as defined in Regulation S under
the Securities Act of 1933.  The shares were offered and sold by the Company, through its officers
and directors, and no underwriting discounts or commissions were paid.

The shares were offered and sold in reliance upon exemptions from registration provided by
Regulation S, Rule 505 of Regulation D and/or Section 3(b) under the Securities Act of 1933.  The
shares were offered and sold in a private offering, without any general advertisement or solicitation,
and the Company received a signed subscription agreement from each subscriber which includes
representations indicating that the subscriber is an "accredited investor," that the subscriber is
purchasing the shares for investment and not with a view to distribution or resale, that the
certificate(s) representing the shares will contain a restrictive legend indicating that the shares
represented thereby are "restricted securities" as that term is defined in Rule 144 under the Securities
Act of 1933, and that the subscriber has received all information and documents requested for
purposes of evaluating the merits and risks of the investment.

In addition to selling shares for cash, in the third quarter the Company also issued a total of
220,000 shares at a price of $0.10 per share in satisfaction of $22,000 of debt.  These shares were
issued to a total of 3 persons in reliance upon exemptions from registration provided by Regulation
S, Rule 505 of Regulation D and/or Section 3(b) under the Securities Act of 1933.   The Company
received a signed subscription agreement from each of the persons who received shares in
satisfaction of debt.  These subscription agreements include representations indicating that the
subscriber is an "accredited investor," that the subscriber is acquiring the shares for investment and
not with a view to distribution or resale, that the certificate(s) representing the shares will contain
a restrictive legend indicating that the shares represented thereby are "restricted securities" as that
term is defined in Rule 144 under the Securities Act of 1933, and that the subscriber has received
all information and documents requested for purposes of evaluating the merits and risks of the
investment.

The share certificates for all of the foregoing transactions were issued during the third
quarter.  As a result, a total of 2,245,098 new shares were issued during the third quarter as a result
of private placement transactions completed during either the second or third quarters.





ITEM 6.	EXHIBITS AND REPORTS ON FORM 8-K.

(a)	 The following exhibits are filed herewith:

99.1	CEO CERTIFICATION PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

99.2	CEO CERTIFICATION PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

(b)	No reports on Form 8-K were filed by the Company for the quarter ended November
30, 2002.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.

******SUNBURST ACQUISITIONS IV, INC.**

By: /S/ TERRY FIELDS

Terry Fields, President and Director

By: /S/ KELLY ZASTOWNY

Kelly Zastowny, Director

Date:    January 14, 2003****



Exhibit 99.1



CERTIFICATION PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Terry Fields, certify that:

1.  I have reviewed this quarterly report on Form 10-KSB of Sunburst Acquisitions IV, Inc.

2.  Based on my knowledge, this quarterly 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 quarterly
report;

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

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

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

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

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

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

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

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

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

|Date:	January 14, 2003 | /S/ TERRY FIELDS

President and Director
|---------------------- | ----------------------------------------

Exhibit 99.2

CERTIFICATION PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Kelly Zastowny, certify that:

1.  I have reviewed this quarterly report on Form 10-KSB of Sunburst Acquisitions IV, Inc.

2.  Based on my knowledge, this quarterly 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 quarterly
report;

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

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

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

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

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

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

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

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

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

|Date:	January 14, 2003 | /S/ KELLY ZASTOWNY

Director
|---------------------- | ----------------------------