22

                       Securities and Exchange Commission
                              Washington, DC 20549

                                   FORM 10-KSB

        x Annual Report pursuant to Section 13 or 15(D) of the Securities
                              Exchange Act of 1934
                                 (Fee required)
                   For the fiscal year ended December 31, 2001
                                       Or
       Transition Report pursuant to Section 13 or 15(D) of the Securities
                              Exchange Act of 1934
                                (No Fee Required)
                         Commission File Number: 0-28580

                             Triad Industries, Inc.
             (Exact Name of Registrant as specified in its charter)

                  Nevada                                    88-0422528
(State or other jurisdiction of           (IRS Employer Identification Number)
incorporation or organization)
                           350 W. 9th, Ave, Suite 104
                               Escondido, CA 92025
              (Address and zip code of principal executive offices)

                                 (760) 291-1710
              (Registrants telephone number, including area code)

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

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant  was required to file such  reports) and (2) has been subject to such
filing requirements for the past 90 days.

                                    x YES NO

     Indicate by check mark if disclosure of delinquent  filers pursuant to Item
405 of Regulation  S-K (229.405 of this chapter) is not  contained  herein,  and
will not be contained,  to the best of the registrants knowledge, in definitive
proxy or information  statements  incorporated  by reference in Part III of this
Form 10-K or any  amendment to this Form 10-K.  x As of December  31, 2001,  the
aggregate  market  value  of the  voting  stock  held by  non-affiliates  of the
registrant was $148,796 based upon a $.02 per share trading price on January 10,
2002.  Indicate  the number of shares  outstanding  of each of the  registrants
classes of common stock, as of the latest practicable date.
                   Common Stock             10,138,165 Shares Outstanding
                    $0.001 par value            as of December 31, 2001

                       Documents Incorporated by reference

     Certain information required by Part III of this Form 10-KSB is included by
reference to the Companys  definitive  proxy statement filed in accordance with
rule 14a-101, Schedule 14A.

       Traditional Small Business Disclosure Format (check one): Yes x No



         The issuers revenues for its most recent year were $1,950,308.









                                       ii

                             TRIAD INDUSTRIES, INC.
                                TABLE OF CONTENTS

                                     PART I
                                      Page
Item 1.          Description of Business     2-4
Item 2.          Description of Property    4-5
Item 3.          Legal Proceedings     5-6
Item 4.          Submission of Matter to a Vote of Security Holders     6
                                                                PART II
Item 5.          Market for Common Equity and Related Stockholder
                     Matters    6-7

Item 6.          Managements Discussion and Analysis or Plan of
                     Operation    7-8

Item 7.          Financial Statements     8

Item 8.          Changes in and Disagreements with Accountants on
                      Accounting and Financial Disclosure      9

                                                               PART III

Item 9.          Directors, Executive Officers, Promoters and Control persons;
                     Compliance with Section 16(a) of the Exchange Act     9-10

Item 10.         Executive Compensation    10-11

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

Item 12.        Certain Relationships and Related Transactions         12

Item 13.        Exhibits and Reports on Form 8-K            12


SIGNATURES         S-1








                                                                   1

                                                                PART 1

     This  document  includes  statements  that may  constitute  forward-looking
statements made pursuant to the Safe harbor provisions of the Private Securities
Litigation reform Act of 1995. The Company would like to caution certain readers
regarding certain forward-looking statements in this documents and in all if its
communications to shareholders and others, on managements projections, estimates
and  all  other  communications.   Statements  that  are  based  on  managements
projections, estimates and assumptions are forward-looking statements, the words
believe,  expect,  anticipate,  intend and similar expressions generally
identify forward-looking statements.  While the Company believes in the veracity
of all statements made herein,  forward-looking statements are necessarily based
upon a number of estimates, and assumptions that, while considered reasonable by
the  Company,  are  inherently  subject to  significant  business,  economic and
competitive  uncertainties and contingencies and know and unknown risks. Many of
the  uncertainties  and contingencies can affect events and the Companys actual
results  and could  cause its  actual  results  to differ  materially  from this
expressed  in any  forward-looking  statements  made by,  or on  behalf,  of the
Company.

ITEM     1.       Description of Business

     Triad Industries, Inc. (the Company) was incorporated under the laws of the
State  of Utah on  November  25,  1985.  The  Company  was  originally  known as
Investment   Marketing,   Inc.   Investment   Marketing,   Inc.  was  originally
incorporated for the purpose of buying,  selling,  and dealing in real property.
At a Special Meeting of the Shareholders  held June 6, 1990 the company name was
changed to Combined  Communication,  Corp. On June 7, 1990 the company completed
the merger and became a Nevada corporation. Combined Communication, Corp. was in
the business of merchandising video tapes through automated dispensing machines.
The company exited the video merchandising business by selling the merchandising
assets to ARS  International  in August of 1994.  Combined  Communications  then
managed ARS International in their merchandising  operations until October 1997.
On October 17, 1997 at a Special Meeting of the Shareholders, the company met to
amend the  Articles  of  Incorporation  to change the name of the  company to RB
Capital  &  Equities,  Inc.  On  March  15,  1999 at a  Special  Meeting  of the
Shareholders  of  Healthcare  Resource  Management,  Inc. (1) reversed it common
stock  on  a  one  for  ten  (1:10)  basis  from  5,256,716  to  526,672  shares
outstanding.  Also at the Special Meeting of Shareholders,  Healthcare  Resource
Management,  Inc. ratified a plan of reorganization  whereby Healthcare Resource
Management  would acquire 100% of the  outstanding  shares of common stock of RB
Capital and its  subsidiaries  (Gam Properties and Miramar Road  Associates) for
5,068,150 shares of Healthcare Resource Management, Inc. post split common stock
and 700,000  shares of $1.00  preferred  stock.  RB Capital and  Equities  was a
non-trading  publicly  owned  company  and the  company  had  approximately  400
shareholders. The only significant shareholder was American Health Systems, Inc.
who owned  373,333  (23.5%) of common  shares  before  the merger and  1,120,000
(17.5%) of common shares after the merger. The 700,000 shares of preferred stock
were issued to American  Health  Systems,  Inc.  for a note  payable for the 99%
interest RB Capital had acquired in Miramar Road Associates. 1,120,000 shares of
common  stock of the  5,068,150  issued to RB Capital  went to  American  Health
Systems,  Inc. in exchange for the 373,333 originally received from RB Capital &
Equities, as consideration for 100% of Gam Properties. This 1,120,000 represents
a 3 for 1 forward  split of the 373,333  shares of RB Capital & Equities  common
stock.) The  acquisition was accounted for as a  recapitalization  of RB Capital
because  the  shareholders  of  RB  Capital   controlled   Healthcare   Resource
Management, Inc. after the acquisition.  Therefore, RB Capital is treated as the
acquiring  entity for accounting  purposes and Healthcare  Resource  Management,
Inc.  is  the  surviving  entity  for  legal  purposes.  On  March  15,1999  the
shareholders  also  approved  an  amendment  to the  Articles  of  Incorporation
changing the corporate name to Triad Industries, Inc. In September of 1999 Triad
Industries  acquired  the unowned 1% interest in Miramar  Road  Associates,  for
cash. On June 30, 2000 Triad acquired the assets  subject to the  liabilities of
Northwest Medical Clinic, Inc., a Georgia corporation, in exchange for 1,463,302
shares of common stock.  On May 27, 2001 Triad acquired 100% of the  outstanding
common stock of  Corporate  Capital  Formation,  Inc. a Nevada  corporation,  in
exchange for 900,000 shares of common stock. As of December 31, 2001 the Company
had 10,138,165  shares of $.001 par value common stock  outstanding  and 850,000
shares of $1.00 preferred stock outstanding.


Subsidiaries

         Triad owns five subsidiaries on a wholly owned basis:

     1- RB Capital and  Equities,  Inc.,  a Nevada  corporation,  is a financial
service corporation that operates a merger and acquisition  consulting business.
The company does corporate filings and capital reorganization business for small
emerging private and public client corporations. 100% owned.

     2- Miramar Road Associates,  LLC. a California  Limited Liability  Company,
Presently  inactive.  Miramar Road Associates sold their commercial  property in
May of 2001 for $3,950,000.100% owned.

     3- Northwest  Medical Clinic,  Inc. a Georgia  corporation,  engaged in the
healthcare  delivery  business,  consisting of personal injury,  sleep apnea and
hormone replacement therapy. There are a total of 7 employees. 100% owned

     4- Healthcare Resource  Management,  Inc., a Nevada corporation.  Presently
inactive. 100% owned.
     5- Corporate Capital Formation, Inc. , a Nevada Corporation, is a financial
services corporation that operates a merger and acquisition consulting business.
The company does corporate filings,  capital  reorganizations and resident agent
services for small and emerging private or public companies. 100% owned.

     It should be noted  that  during the  fourth  quarter  of 2001 the  company
consolidated  Gam Properties,  Inc. a subsidiary into the parent holding company
Triad Industries,  Inc. Therefore, Triad Industries Inc., is no longer a holding
company and has business  activities of its own.  Triad now controls three real
estate properties.

A-       Three units located at 2135-39 Grand Ave, San Diego, CA 92103. **
B-       Four units located at 2016-18 Hornblend and 2016-18 Balboa Avenue
, San Diego CA, 92109.*, **
C-       An 11,624 square foot commercial property located at 350 W.
Ninth Street, Escondido, CA 92025.

     *This is one apartment building.  The building has four units built back to
back; therefore, there are two units on each street.

     ** These  properties  were  both  sold in the first  quarter  of 2002.  The
Hornblend  Balboa  property  closed on January 30, 2002 and sold for  $391,000.
The Grand Avenue property closed on March 31, 2002 and sold for $350,000.

Services and Operations

Triad Industries, Inc. Parent Company.
     Triad  owns and  operates  three  real  estate  properties  in the  pacific
southwest part of the United States. These properties consist of residential and
commercial rental units, located in the county of San Diego, in California which
are rented on a month to month basis.

     2135-39 Grand Avenue, San Diego,  California.  This property contains three
units in two buildings  containing  approximately  2,100 square feet.  This is a
beach property. The property is 100% occupied.

     2016-18 Balboa and 2015-17 Hornblend, San Diego, California.  This property
consists of four units of approximately 2,200 square feet, with each unit having
its own yard. The property is zoned for commercial use with a 100-foot  frontage
on a main traffic artery,  surrounding the Pacific Beach area of San Diego.  The
property is 100% occupied.

     350 W. Ninth Street,  Escondido,  California.  This property consists of an
11,624 square foot commercial building. There are a total of eight tenants as of
December  31,  2001  including  RB Capital &  Equities  (a  subsidiary  of Triad
Industries, Inc.). AS of December 31, 2001 the building was 78% occupied.

     Triads  business is such that its real estate holdings change from time to
time.  Triad continues to work on optimizing its portfolio.  All of the existing
properties   have  positive  cash  flows  at  this  time.  San  Diego  generally
experiences a strong rental market and it should continue through 2002.

         RB Capital & Equities, Inc.        100% owned
     The Company is in the merger and acquisition  consulting  business.  In the
financial services area the firm prepares S-1, SB2, S-4, and S-18,  Registration
Statements,  15c2-11 filings,  Regulation D 504, 505, and 506 Private  Placement
memorandums with regulatory  filings,  and other SEC reports such as Form 10 and
Form 10SB,  8K and related  filings.  In addition the Company  prepares  Plan of
Reorganization  for Internal Revenue Code, Rule 368 (a)(1)(a),  369(a)(1)(b) and
369c  (a)(1)(c)  for  business  combinations.  The firm also  prepares and files
Articles of Incorporation, By Laws, Officer and Director filings, State reports,
business  plans,  and does  general  accounting  for client  firms.  The Company
arranges  for  independent  auditing  and legal  services  to be  performed  for
clients. The Company functions in the Public Relations areas including,  but not
limited to  shareholder  letters,  corporate  profiles,  press releases based on
client information.

         Miramar Road Associates,LLC.100% owned.
         California Limited Liability Company. Presently inactive.


         Northwest Medical Clinic, Inc.  100% owned.
     Northwest Medical Clinic, Inc., was acquired June 30, 2000. It is a 10 year
old Georgia corporation that operates a 2,500 square foot medical clinic at 2430
Herodian Way, Suite 250,  Smyrna,  Georgia,  30080. The clinics main business is
the delivery of personal injury medical  services for  approximately  60% of its
business  and 40% is  generated  by  treating  sleeping  disorders  and  hormone
replacement therapy.

         Corporate Capital Formation, Inc. 100% owned
     The Company is in the merger and acquisition  consulting  business.  In the
financial services area the firm prepares S-1, SB2, S-4, and S-18,  Registration
Statements,  15c2-11 filings,  Regulation D 504, 505, and 506 Private  Placement
memorandums with regulatory  filings,  and other SEC reports such as Form 10 and
Form 10SB,  8K and related  filings.  In addition the Company  prepares  Plan of
Reorganization  for Internal Revenue Code, Rule 368 (a)(1)(a),  369(a)(1)(b) and
369c  (a)(1)(c)  for  business  combinations.  The firm also  prepares and files
Articles of Incorporation, By Laws, Officer and Director filings, State reports,
business  plans,  and does  general  accounting  for client  firms.  The Company
arranges  for  independent  auditing  and legal  services  to be  performed  for
clients. The Company functions in the Public Relations areas including,  but not
limited to  shareholder  letters,  corporate  profiles,  press releases based on
client  information.  The company  also  performs  resident  agent  services for
outside clients

         Healthcare Resource Management, Inc.  100% owned
     Healthcare  Resource  Management,  Inc., Inc. is a Nevada  corporation that
resulted from the business  combination of Healthcare  Resources and RB Capital.
It was  capitalized  by the  non-related  assets  of the  business  combination.
Healthcare  Resource  Management,  Inc. is  designed to be a medical  management
company, however; it is presently inactive.

Competition

     All of the properties Triad Industries, Inc. owns are located in the county
of San Diego,  in California.  Although there are many rental  properties in San
Diego,  there is also a high demand.  Therefore,  there is high  competition but
also a very high demand for the rental  property market in San Diego. RB Capital
and Equities and Corporate  Capital Formation both face heavy competition in the
financial services  industry.  However,  in managements  opinion both companies
have found their niche in the financial services industry.  Both companies cater
to  small  public  companies  and  private  companies  who  hope  to go  public.
Management  has not  compiled  any  material  data  to  support  their  opinion.
Northwest  Medical  Clinic faces  competition  from about 4 other clinics in the
Atlanta  area that  offer the same  services.  To gain a  competitive  advantage
Northwest  Medical  Clinic has tried to  differentiate  itself  from these other
clinics by offering sleep apnea and hormone replacement treatments.

Employees

     Including its officers and directors the consolidated  operations employ 12
full time  employees.  One  employee  devotes time as needed for the real estate
operations , seven employees work full time in the medical sector, and five full
time employees in the financial services sector (RB Capital & Equities, Inc. and
Corporate  Capital  Formation,  Inc. One employee  from the  financial  services
sector  is who  handles  the real  estate  properties.  The  companies  also use
independent  consultants for a variety of tasks, including medical doctors, real
estate brokers, and property managers.




Item 2.  Description of Property

     Triad   Industries,   Inc.,  and  RB  Capital  &  Equities,   Inc.,  occupy
approximately  1645  square  feet of  general  office  space at 350 W. Ninth St,
Escondido,  Ca 92025. Triad Industries,  Inc. owns the building. The building is
approximately  11,624 square feet,  which of this 9,979 square feet is rented to
others on a month to month basis. Corporate Capital Formation, Inc. leases a 300
square foot office  located at 2950 E.  Flamingo  Rd., Las Vegas,  NV 89121 on a
month to month  basis for $500.00 per month..  Northwest  Medical  Clinic,  Inc.
leases a 2500  square  foot  medical  clinic at 2430  Herodian  Way,  Suite 250,
Smyrna,  GA 30080 on a five year  lease at $2900  per  month.  The  table  below
illustrates the purchase price, mortgages,  equity, annualized rental income and
occupancy of the properties owned by Triad  Industries,  Inc. as of December 31,
2001.
                     Purchase           Interest            Annual
Property              Price       Mortgage  Rate  Equity    Rental    Occupancy
                                                             Income

350 W. Ninth St.**  $1,070,000   $744,055  7.82%$  325,945   $  120,763   78%
8 tenants

2135-39 Grand Ave.*  355,350      231,867  7.9%    123,483      30,900    100%

2016-18 Balboa       364,000      317,133  7.8%     46,867       37,500    100%
2015-17 Hornblend *






     Triad  Industries,  Inc.  owns three (3)  properties  in San Diego  County,
California.  These  properties  are  leased to others  for a  monthly  fee.  The
properties are as follows:
350 W. Ninth St, Escondido, CA 92025
11,624 Square foot commercial building
Purchase price:                          $   1,070,000
Present loan balance:                    $     744,055
Annual income:                           $     120,763
Loan interest rate:                                  7.82%
RE annual taxes:                         $      13,375
RE taxes monthly:                        $       1,114.58
RE tax rate:                                         1.25%
P&I Monthly:                             $       5,691.88
Insurance:                               $115 per mo.
Lease term:                              Property leased on a month
                                        to month basis to 7 other tenants

2135-39 Grand Avenue, San Diego, CA 92103
3 rental units (all 2 bed, 1 bath)
Purchase price:                      $355,350
Present loan balance:                $231,867
Annual income:                       $ 30,900
Loan interest rate:                       7.9%
RE annual taxes:                     $  3,735
RE taxes monthly:                    $    311
RE tax rate:                              1.1%
P&I monthly:                         $  1,772
Insurance:                           $     55
Lease term:                          month to month tenants;
                                have been in property for two years
                                            .

2016-18 Balboa, 2015-17 Hornblend Ave. San Diego, CA 92109
4 Rental Units (all 1bed, 1 bath)
Purchase price:                     $364,000
Present first loan balance:         $267,133
Present second loan bal:            $ 50,000
Annual income:                      $ 37,500
Loan interest rate:                      7.8%
RE annual taxes:                    $  3,588
RE taxes monthly:                   $    299
RE rate:                                 1.0%
P&I monthly:                        $2,563.57
Insurance per Month:                $     58
Lease term:                         month to month tenants, 3 of the 4
                                tenants have been in property for two years

     Triad Industries,  Inc. residential property occupancy rate is 100% and the
commercial  occupancy  property  rate  is 78% as of  December  31,  2001.  Triad
Industries,  Inc.  real property  holdings are  depreciated  on a  straight-line
basis.  The  useful  lives of the  property  is 39.5  years for the  residential
property and 27.5 for the commercial property for accounting purposes. The Grand
Avenue  property is a triplex  made up of three two bedroom one bath  dwellings.
The  Balbaoa-  Hornblend  property  is made up of four 1 bedroom  and 1 bathroom
dwellings.  The  commercial  property is currently  made up of 10 office suites.
However,  the building can be reconfigured to suit an individuals  needs.  These
properties  are in  excellent  rental  condition.  There are no plans to further
renovate, improve or develop any of Triads real properties.  Management believes
the properties are adequately  covered by insurance.  Currently,  management has
not set any limitations on the percentage of assets,  which may be invested in a
single  investment.  Management  has not set any  limitations  on the  number of
mortgages, which may be placed on any one piece of property. *It should be noted
that the companys  auditor has placed a Net Realizable  Valuation  Allowance on
these  two  properties  for a total of  $54,836.  The Net  Realizable  Valuation
Allowance  lowers the carrying  value of these two  properties  on the Companys
books by $54,836.  It should further be noted that these two properties  sold in
the first quarter of 2002 . The Balboa-Hornblend  property sold for $391,000 and
closed on January 30,  2002.  The Grand  Avenue  property  sold for $350,000 and
closed on March 31,  2002.  **Five  tenants:  (1)  Manitou  Engineering,  (2) RB
Capital  &  Equities,  Inc.,  (3)  Mediasoft  (4)  Teamwork  Associates  and (5)
Neighborhood Funding occupy 66% of the building and contribute 85% of the rental
revenue with 42 other tenants renting the rest of the building.

Item 3.  Legal Proceeding

     The Company is not a part of any material pending legal  proceedings and no
such  action by, or to the best of its  knowledge,  against the Company has been
threatened

Item 4.  Submission of Matters to Vote of Security Holders

At the  Annual  Meeting of  Shareholders  held  August 2, 2001 the  shareholders
elected  directors  to serve  for one year or until  their  successors  are duly
qualified.

                           Bryce Smith      Richard Furlong
                           Linda M. Bryson  J. William Byrd
                           Michael Kelleher James Crowell

                           The above directors were elected at the meeting.

     At the same meeting the  shareholders  adopted and ratified a proposed 2001
stock option plan. The  Shareholders  also elected to appoint  Armando Ibarra as
independent  auditor and Signature  Stock Transfer as the registrar and transfer
agent for the Company.

                                                                Part II

Item 5.  Market for Registrants Common Equity and Related Matters

     The Companies  common stock is traded in the NASD Electronic  Pink Sheets
under the symbol  TRDD.  The company stock has,  during the fiscal year ending
December 31, 2001,  traded between $.01 and $.30 per share. The number of shares
of record of common stock,  $.001 par value, of the Company was 10,138,165 as of
December 31, 2001. The Company has not yet adopted any policy regarding  payment
of dividends.

The high and low bid price  quotations for the common stock,  as reported NASDAQ
are as follows for the periods indicated:
                       Low        High
Qtr Ended 3-31-00    $    .55$    1.00
Qtr Ended 6-30-00    $    .25$     .55
Qtr Ended 9-30-00    $    .38$     .60
Qtr Ended 12-31-00   $    .25$     .30
Qtr Ended 3-31-01    $    .09$     .30
Qtr Ended 6-30-01    $    .01$     .09
Qtr Ended 9-30-01    $    .01$     .09
Qtr Ended 12-31-01   $    .01$     .06

     As of December 31, 2001, the Company has issued and outstanding  10,138,165
shares of common stock  outstanding to 504 shareholders of record,  which figure
does not take into account those  shareholders  whose certificates that are held
in the name of broker-dealers. The ability of an individual shareholder to trade
their  shares  in a  particular  state  may be  subject  to  various  rules  and
regulations  of that  state.  A  number  of  states  require  that  an  issuers
securities  be  registered  in  their  state  or  approximately   exempted  from
registration  before  the  securities  are  permitted  to trade  in that  state,
Presently, the Company has no plans to register its securities in any particular
state.  Further,  most likely the Common Stock will be subject to the provisions
of  Section  15(g) and Rule 15g-9 of the  Securities  Exchange  Act of 1934,  as
amended (the Exchange  Act),  commonly  referred to as the penny stock rule.
Section 15(g) sets forth certain  requirements  for  transactions in penny stock
and Rule 15g-9 (d)(1) incorporates the definition of penny stock as that term is
used in Rule 3a51-1 of the Exchange Act. The Securities and Exchange  Commission
(the Commission  generally defined penny stock to be any equity security that
has a market  price less than $5.00 per  share,  subject to certain  exceptions.
Rule 3a51-1  provides that an equity  security is considered to be a penny stock
unless that security is: registered and traded on a national securities exchange
meeting specified criteria set by the Commission; authorization for quotation on
The NASDAQ Stock Market;  issued by a registered  investment  Company;  excluded
from the  definition  on the basis of price (at  least  $5.00 per  share) or the
issuers net tangible assets; or exempted from the definition by the Commission.
If the Companys shares are deemed to be penny stock, trading in the shares will
be subject to additional sales practice  requirements on broker-dealers who sell
penny  stocks  to  persons  other  than  established  customers  and  accredited
investors,  generally  persons  with  assets in excess of  $1,000,000  or annual
income  exceeding  $200,000,   or  $300,000  together  with  their  spouse.  For
transactions   covered  by  these  rules,   broker-dealers   must  make  special
suitability  determination  for the  purchase of such  securities  and must have
received  the  purchasers  written  consent  to the  transaction  prior  to the
purchase.  Additionally,  for any  transaction  involving  penny  stock,  unless
exempt,  the rules require the delivery,  prior to the first  transaction,  of a
risk  disclosure  document  relating to the penny stock market.  A broker dealer
must also  disclose the  commissions  payable to both the broker  dealer and the
registered representative,  and current quotations for the securities.  Finally,
monthly  statements must be sent disclosing the recent price information for the
penny stock held in the account and  information  on the limited market in penny
stock and/or maintain a market in the Companys  Common Stock and may affect the
ability of shareholders to sell their shares. There are three main exemptions to
the penny stock rule.

1.       A Company whose stock is priced at $5.00 or above per share.
2.       A Company whose net worth exceeds $5,000,000.
3.       A Company over five years old with a net worth of $2,500,000.

         A broker/dealer selling to other than established customers
or accredited investors must do so on an unsolicited basis.

Recent Sales of Unregistered Securities

On January  5, 2000 the  Company  issued  72,000  shares of common  stock to its
directors for services rendered at $.06 per share, for total  consideration of $
4,320.

On March 1, 2000 the Company issued 123,333 shares of common stock to its
president  for  services  for  services  rendered  at $.15 per share,  for total
consideration of $ 18,000.

On June 15, 2000 the Company issued 72,000 shares of
common stock to directors  for  services  rendered at $.50 per share,  for total
consideration  of $36,000.  On June 30, 2000 the Company issued 1,463,302 shares
in connection with the acquisition of Northwest Medical Clinic, Inc., and 36,583
shares were issued to Donner  Investment  Corporation  as a fee in the Northwest
transaction.  On June 30,  2000 the  Company  acquired  the equity  interest  of
Northwest Medical Clinic and its related companies for 1,463,302 share of common
stock,  issued on a restricted  basis to the 25  shareholders of these entities.
The company also issued 36,583 shares of common stock to Donner Investment Corp.
for a finders fee in the above  transaction.  The above issuances were issued at
$.96 per  share,  for total  consideration  of  $1,436,138.  On October 1, 2000,
200,000 shares of common stock were issued to Novak Capital  Corporation as fees
for Investor Relations  Services.  The shares were issued at $.20 per share, for
total  consideration of $40,000. On December 12, 2000 the Company issued 288,000
shares to officers and  directors for services  rendered at $.24 per share,  for
total  consideration of $67,680. . On January 15, 2001 the Company issued 50,000
shares of common  stock to 5 employees  of  Northwest  Medical  Clinic under the
Companys   Gross  Annual  Wage  Bonus  Plan  at  $.17  per  share,   for  total
consideration  of $4,320.  On January 18, 2001 the Company issued 144,762 shares
of common stock to eight  employees  of the Company for services  accrued in the
amount of $30,324 as of the year ended 2000 at $.21 per share.  On February  21,
2001 the  Company  issued  25,100  shares of  common  stock to an  employee  for
services rendered at $.17 per share and total  consideration of $3,740. On March
1, 2001, the Company issued 700,000 shares to management and key employees under
the Company s employee  stock options plan.  The shares were issued at $.17 per
share and a stock subscription receivable was recorded on the Companys books in
the amount of $119,000.  On June 6, 2001 the Company  issued  900,000  shares of
common  stock at $.11 per share in exchange  for 100% of the shares of Corporate
Capital Formation, Inc. and total consideration of $96,000. On June 22, 2001 the
Company  issued shares to directors for services  rendered at $.03 per share for
services  rendered  in the amount of  $10,800.  On,  October 1, 2001 the company
retired the stock subscription  receivable that was issued on March 1, 2001. The
700,000  shares  that were  issued  were  cancelled  and the stock  subscription
receivable was retired. All of the above issued shares were issued in accordance
with section 4(2) of the 1933 Securities Act and bear a restrictive  legend.  As
of December  31, 2001 the  Company  has a total of  10,138,165  shares of common
stock outstanding.

Dividend Policy

     The Company has not declared or paid dividends or made distributions in the
past,  and the Company does not  anticipate  that it will pay cash  dividends or
make distributions in the forseeable future.



Item 6.  Managements Discussion and Analysis or Plan of Operation

     The following discussion pertains to the Companys results of operations as
of the years ended  December  31, 2001 and 2000.  The Company  consolidates  the
operations  of RB Capital  and  Equities,  Inc.,  Corporate  Capital  Formation,
Inc.(financial  services  sector),  Miramar Road  Associates and Gam Properties,
Inc., Triad  Industries,  Inc. (real estate sector) and Northwest Medical Clinic
(medical  services  sector) for  reporting  purposes.  In May, the Company added
Corporate  Capital  Formation,  Inc. to its  holdings.  In May the company  also
completed the sale of the Miramar Road property for $3,950,000. After paying off
the existing debts on the property and sales costs the company  netted  $488,724
in cash from this  transaction.  The  company  used  part of these  proceeds  to
purchase the 350 W. Ninth Ave. property. Overall the real estate sector achieved
100%  occupancy  to its  residential  properties  and  78%  occupancy  from  its
commercial  property.  RB  Capital  &  Equities  had a  strong  year in terms of
consulting  revenues.  This is due to an  increase  in  business in 2001 after a
severely  down stock market in 2000. RB Capital  performs  services for publicly
traded  companies  and is  seeing an  increase  in  demand  for  these  types of
services.  Northwest  Medical  Clinic  added sleep  apnea and hormone  treatment
therapies in 2001 to increase their product  lines.  Management has not yet been
able to  determine  the affect of these new  services on the  companys  revenue
stream.  This is due to the fact Triad only  owned  Northwest  for six months of
2000.

Results of Operations

     Revenues totaled  $1,950,308 as of December 31, 2001 compared to $1,783,674
as of December 31, 2000 an increase of approximately 9%.

         Revenue for the years ended December 31, 2001 and 2000 by sectors

2001     2000

RB Capital                                $  502,561   $  423,405
Miramar Road                       ****      218,818      593,484
Gam Properties***                                  -      116,068
Northwest Medical*                         1,077,210      650,717
Corporate Capital Formation**                 63,250            -
Triad Industries, Inc.                        88,470            -

     *Triad Industries, Inc. did not acquire Northwest Medical Clinic until June
30, 2000. ** Triad Industries,  Inc. acquired Corporate Capital Formation on May
27, 2001. *** Gam Properties,  Inc was consolidated with Triad Industries,  Inc.
in the  fourth  quarter  of  2001.  ****  Miramar  Road  Associates  sold  their
commercial building in May of 2001.

     For the year ended  December 31, 2001 the Company had a net loss of $27,472
compared to a net loss of $392,811 for the same period of 2000.  The company had
a $256,634  increase in revenues.  The reason for this increase was the addition
of Corporate Capital Formation, an approximate $170,000 increase in revenues for
RB Capital  and owning  Northwest  Medical  Clinic for the entire  year.  Rental
revenues  dropped  approximately  $400,000  due to the sale of the Miramar  Road
property and purchasing a smaller  building with less rentable  square  footage.
The decrease in the net operating  loss can be  attributed  to several  factors.
There was a $163,498 decrease in Depreciation and Amortization  which can mostly
again be attributed to the Miramar Road sale.  The Company also had gains on the
sale of assets in the amount of $552,856  for the year ended  December 31, 2001.
This was mostly from the Miramar  Road  property as was the decrease in interest
expense from  $526,910 in 2000 to $192,786 in 2001.  General and  Administrative
costs  increased  $542,150  from 2000 to 2001 mostly due to the fact the company
acquired  Corporate Capital and owned Northwest Medical for the entire year. The
Company only realized a gain of $27,703 from the sale of securities  compared to
$101,209 in the prior year.

                                                       Income Statement Summary
                                                              December 31

                               2001         2000
Revenues                   1,950,308     1,783,674

Total Operating Costs      2,282,814     1,689,620

Income (Loss)from Operation  (368,258)    (150,047)

Other Income/ (Expense)      331,620      (445,121)

Net Loss                     (27,742)     (392,811)

Recent Accounting Pronouncements

     The Financial  Accounting Standards Board has issued Statement of Financial
Accounting (SFAS), No. 133, Accounting for Derivative Instrument.  SFAS No.
133  provides a  different  method for  accounting  for  derivative  instruments
embedded in other  contracts  and  hedging  activities.  Derivative  instruments
represent   rights  or  obligations  that  meet  the  definition  of  assets  or
liabilities  and should be reported in the financial  statements.  Fair value is
the most relevant measure for financial statements and the only relevant measure
for derivative  instruments.  Derivative  instruments should be measured at fair
value and  adjustments  to the  Companys  derivative  of hedging  items  should
reflect  changes in their fair  value  that are  attributable  to the risk being
hedged and that arise while the hedge is in effect.  SFAS.  No. 133 is effective
for financial statements ending after June 15, 1999. SFAS No. 133 implementation
did not have a  material  effect  on the  financial  statements.  The  Financial
Accounting  Standards Board has also issued 44PB Opinion No. 25). APN No. 25 APB
Opinion No. 25 APB Opinion No. 25, Accounting for Stock Issued to Employees, was
issued in October 1972. Since its issuance, questions have been raised about its
application and diversity in practice has developed. During its consideration of
the accounting for stock-based compensation,  which lead to the issuance of SFAS
No. 123,  Accounting  for Stock  Based  Compensation,  the Board  decided not to
address  practice  issues related to Opinion 25 because the Board had planned to
supersede  Opinion  25.  However,  Statement  123  permits  entities to continue
applying Opinion 25 to stock  compensation  involving  employees.  Consequently,
questions  remain about the  application  of Opinion 25 in a number of different
circumstances.  This Interpretation  clarifies the application of Opinion 25 for
only certain  issues.  It does not address any issued related to the application
of the fair value method in  Statement  123.  The issues  addressed  herein were
selected  after  receiving  input from members of both the FASB Emerging  Issues
Task  Force  and the task  force  on stock  compensation  that  assisted  in the
development of Statement 123. Among other issues, this Interpretation  clarifies
(a) the  definition  of employee  for  purposes of applying  Opinion 25, (b) the
criteria for determining whether a plan qualified as a noncompensatory  plan, (c
) the  accounting  consequence  of  various  modifications  to  the  terms  of a
previously  fixed stock option or award,  and (d) the accounting for an exchange
of stock compensation awards in a business  combination.  FIN44 is effective for
financial  statements  issued  for  periods  ending  after  July  1,  2000.  The
implementation  of FIN 44  did  not  have a  material  affect  on the  financial
statement.

Inflation

     In the opinion of management,  inflation will not have a material effect on
the operations of Triad Industries Inc.

Liquidity and Capital Resources

The Company has  approximately  a 6:1 current ratio. As of December 31, 2001 the
Company has  $3,245,538 in current  assets  compared to $3,430,127  for the same
time in 2000.  For the year ended  December  31,  2001 cash  decreased  $38,741,
accounts  receivable  increased  $441,461,  advanced expenses increased $ 5,815,
marketable  securities  increased  $479,404,  and assets held for sale decreased
$1,075,858.  Current  liabilities  decreased from  $1,606,556 for the year ended
December  31, 2000 to $551,109 for the year ended  December 31, 2001.  The major
factor related to this change was a $1,009,644 decrease in current notes payable
on real estate.

                                                         Balance Sheet Summary
                                                              December 31

                              2001        2000

Total Current Assets        3,245,538   3,430,127
Property (net)              1,793,877   3,356,160

Total Assets                5,435,571   7,638,981

Current Liabilities           551,109   1,606,556

Long Term Liabilities       1,394,159   2,663,745

Total Liabilities           1,945,268   4,270,301

Total Stockholders Equity   3,490,302   3,368,680

Total Liabilities and
Stockholders Equity         5,435,571   7,638,981

The  Companys  auditors  consider  the  Company  to be a  going  concern.  This
contemplates  the  realization  of assets and  liquidation of liabilities in the
normal course of business. The Company has not yet established revenues to cover
its operating costs.  Management  believes that the Company will soon be able to
generate  revenues  sufficient  to cover its  operating  costs  through its real
estate operations.

Net Operating Losses

     The Company has  accumulated  $(1,100,904)  of net  operating  losses as of
December 31, 2001,  which may used to reduce taxes in future years through 2021.
The use of these  losses  to  reduce  future  income  taxes  will  depend on the
generation  of  sufficient  taxable  income prior to the  expiration  of the net
operating loss carryforwards.  In the event of certain changes in control of the
Company,  there will be a annual  limitation  on the amount of the net operating
loss  carryforwards  which can be used.  The  potential  tax  benefit of the net
operating loss  carryforwards  have been offset by a valuation  allowance of the
same amount.

Risk Factors and Cautionary Statements

     Forward-looking  statements  in this report are made  pursuant to the safe
harbor provisions of the Private Securities  Litigation Reform Act of 1995. The
Company  wished to advise  readers that actual  result may differ  substantially
from such forward-looking  statements,  Forward-looking statements involve risks
and  uncertainties  that could cause actual  results to differ  materially  from
those expressed in or implied by the statements,  including, but not limited to,
the following: the ability of the Company to complete development of its primary
products  and its  ability  to  successfully  market  its  product  if and  when
developed and other risks detailed in the Companys periodic report filings with
the Securities and Exchange Commission.
Going Concern

     Triad Industries,  Inc.  financial  statements are prepared using generally
accepted accounting  principles applicable to a going concern which contemplates
the realization of assets and liquidation of liabilities in the normal source of
business

Item 7.  Financial Statements and Supplementary Data

         See index to financial statements included herein.

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

         None

                                                               Part III

Item 9.  Directors, Executive Officers, Control Persons

         The following table sets forth information, to the best of the
 Companys knowledge as of December 31, 2001, with respect to
each director, officer and management as a group.

                                     Title of       Amount of
Name                    Position         Class       Shares        Percentage


Linda Bryson,            President        Common     473,332      4.6%
9980 Scripps Vista Way   Director
# 96
San Diego, CA 92131

Michael Kelleher         Secretary        Common     338,757      3%
32621 Guevara Drive      Director
Temecula, CA 92592



J. William Byrd          Vice President   Common     593,442      6%
PO Box 95583             Director
Atlanta, GA 30347

Richard Furlong          Director         Common     593,442      6%
PO Box 17135
Tampa, FL 33682

James B. Crowell         Director         Common     249,400      2.5%
PO Box 15711
Long Beach, CA 90818

Brice Smith              Director         Common     450,000      4.5%
2921 N. Tenaya Way
Las Vegas, NV 89128

Management as a Group                              2,698,373     27%

Others owning more than 5%

American Health Systems, Inc.                       850,000         8%
46 Corporate Park
Irvine, CA 92026

The above percentages are based on 10,138,165 shares of common stock outstanding
on December 31, 2001.
     All directors hold office until the next annual meeting of stockholders and
until their  successors have been duly elected and qualified.  Directors will be
elected  at the  annual  meetings  to serve  for  one-year  terms.  There are no
agreements  with respect to the election of directors.  Nicholas  Investment has
not  compensated  its  directors  for service on the Board of  Directors  or any
committee  thereof.  Any non-employee  director of Nicholas  Investment shall be
reimbursed  for  expenses  incurred for  attendance  at meetings of the Board of
Directors and any committee of the Board of Directors.  The Executive  Committee
of the Board of Directors, to the extent permitted under Nevada law, consists of
the two  directors  and exercises all of the power and authority of the Board of
Directors in the  management of the business and affairs of Nicholas  Investment
between meetings of the Board of Directors.  Each executive officer is appointed
by and serves at the discretion of the Board of Directors.  None of the officers
and/or directors of Triad Industries, Inc are officers or directors of any other
publicly  traded  corporation,  nor have any of the  affiliates  or promoters of
Triad Industries Inc. filed any bankruptcy  petition,  been convicted in or been
the subject of any pending  criminal  proceedings,  or the subject or any order,
judgment,  or decree involving the violation of any state or federal  securities
laws within the past five years.  The directors  will their devote time to Triad
Industries  affairs  on an as  needed basis,  the  exact  amount  of which is
undetermined at this time. The business experience of each of the persons listed
above during the past five years is as follows:



         Linda M. Bryson, 43,  President/ Director
     Since 1996,  Ms.  Bryson has been the  President  of RB Capital & Equities,
Inc., a corporation in the financial services field. She has served on the board
of Spa International,  Inc. and is currently the Director of Human Resources for
Bellissima Day Spa.

         Michael W. Kelleher, 27, Treasurer/ Director/ CFO
     Mr.  Kelleher  received his B.S.  degree in accounting from San Diego State
University.  He is currently the Secretary/Treasurer of RB Capital & Equities, a
corporation in the financial  services field and President of Escondido Capital,
Inc., an investment corporation.

         J. William Byrd, MS., 65, Vice President / Director
     Mr. Byrd  graduated  from North Texas  University  with a Master of Science
Degree in  Psychology.  He was a co-founder of Amerimed of Gerogia,  Florimed of
Tampa,  and  Northwest  Medical  Clinic,  Inc. He has served as the President of
Northwest Medical Clinic, Inc., since 1991.

         Richard Furlong, 56, Director
     Mr. Furlong was raised and educated in Oklahoma.  Mr. Furlong has almost 25
years experience in the field of specialty medical practices. Mr. Furlong is the
co-founder of Northwest  Medical Clinic,  Inc.,  Amerimed of Georgia,  Inc., and
Florimed of Tampa,  Inc. Mr.  Furlong is has been  serving as Vice  President of
these corporations since 1991.

         James B. Crowell, Ph.D., 61, Chairman of the Board of Directors
     Mr  Crowell  has an  extensive,  20 year  plus,  background  in  healthcare
management  that has covered both  provider and payer  organizations.  He has in
depth experience in managed care systems,  grant funded training  programs,  and
has been a senior  operations  executive as well as a director of marketing  for
health plans.

         Brice A. Smith, 77, Director
     Since 1998 Mr. Smith served as a director and  executive  level  manager in
two public  corporations.  Currently,  he is the  president  and a  director  of
Corporate Capital Formation, Inc., a Nevada financial services firm.


Compliance with 16(a) of the Exchange Act
     The  Securities  Exchange Act of 1934 requires all  executive  officers and
directors to report any changes in the  ownership of common stock of the Company
to the Securities & Exchange Commission and the Company. Management revising and
representations  indicate by date filing of holdings as of December  31, 2001 in
compliance to 16(a).

Item 10.  Executive Compensation

     The  following  table  shows the  amount  of all  compensation  earned  for
services in all  capacities to the Company for the last two fiscal years for the
executive officers as of December 31, 2001.

Name                             Year  Salary     Nonus       Restricted Stock

Linda Bryson, President           2001   48,000                  6,600
Director                          2000   48,000                  22,800


Michael Kelleher, Secretary       2001   48,000                    6,000
Director                          2000   48,000                  22,800

J. William Byrd, Vice President   2001   52,000                   4,400
Director                          2000   26,000                   11,280

Richard Furlong, Director         2001   52,000                   4,400
                                  2000   26,000                 11,280

James Crowell, Director           2001        -                   1,800
                                  2000        -                  18,000

Brice Smith*, Director            2001        -                     -

Mr. Smith did not become a director of the company until August 2, 2001.

     Directors received $ 1,800 payable in common stock to be a director for the
year ended December 31, 2001.  Miss.  Bryson received $6,600 in restricted stock
awards for director  fees for the year ended  December  31, 2001.  $1800 was for
directors fees and $4,800 in stock for services. Mr. Kelleher received $6,600 in
restricted  stock awards for director fees for the year ended December 31, 2001.
$1800 was for directors fees and $4,800 in stock for services. Mr. Byrd received
$4,400 in restricted  stock awards for the year ended December 31, 2001.  $1,800
was for  directors  fees and  $2,600  was for  services  rendered.  Mr.  Furlong
received $4,400 in restricted stock awards for the year ended December 31, 2001.
$1,800 was for directors fees and $2,600 was for services rendered.  Mr. Crowell
received $1,800 in restricted stock awards for directors fees for the year ended
December 31, 2001.

Item 11.  Security Ownership of Beneficial Owners and Management

     The  following  table sets forth,  as of December 31, 2001,  based upon our
records  and  information   obtained  from  the  persons  named  below,  certain
information  concerning  beneficial ownership of our shares of Common Stock with
respect  to (I) each  person  known to own or more than 5% of our  understanding
shares of Common Stock, (II) each of our executive  officers and directors,  and
(III) all of our executive officers and directors as a group:

                                         Amount         Approximate
                                          And Nature     Percentage
                                        Of Beneficial     of Common
         Identity                        Ownership         Stock Owned

American Health Systems, Inc.                    850,000   8% (I)
Linda Bryson                                    473,.332   4.6% (II)
Michael Kelleher                                338,757   3% (II)
J. William Byrd                                 593,442   6% (II)
Richard Furlong                                 593,442   6% (II)
James B. Crowell                                249,400   2.5% (II)
Brice Smith                                     450,000         4.5%(II)
Management as a Group                         2,698,373   27% (III)

See Item 9. Directors, Executive Officers and Control Persons chart on
 pages 16-18.

Item 12.  Certain Relationships and Related Transactions


     On January 5, 2000 the Company  issued 72,000 shares of common stock to its
directors for services rendered at $.06 per share, for total  consideration of $
4,320. On March 1, 2000 the Company issued 123,333 shares of common stock to its
president  for  services  for  services  rendered  at $.15 per share,  for total
consideration of $ 18,000.  On June 15, 2000 the Company issued 72,000 shares of
common stock to directors  for  services  rendered at $.50 per share,  for total
consideration  of  $36,000.  On June 30, 2000 the  Company  acquired  the equity
interest of Northwest  Medical  Clinic and its related  companies  for 1,463,302
share of common stock,  issued on a restricted  basis to the 25  shareholders of
these entities.
         Among the shares issued:

         Amerimed of Georgia        346,600
         Florimed of Tampa          221,502

         These are companies purchased that are controlled by Mr. J. William
Byrd and Richard Furlong who each own 50 % of Amerimed
     and 47.5% of Florimed  each and  therefore  can  initiate the vote on these
companies.  The shares are shown as an indirect  ownership under their names. In
addition Mr. Byrd also received  188,560  shares from the business  combination.
Mr.  Furlong also  received  188,560 for a total direct and indirect  holding of
346,952  and  346,952,  respectively.  On December  12, 2000 the Company  issued
288,000  shares to officers  and  directors  for  services  rendered at $.24 per
share,  for total  consideration  of $67,680.  . On January 15, 2001 the Company
issued 50,000 shares of common stock to 5 employees of Northwest  Medical Clinic
under the  Companys  Gross Annual Wage Bonus Plan at $.17 per share,  for total
consideration  of $4,320.  On January 18, 2001 the Company issued 144,762 shares
of common stock to eight  employees  of the Company for services  accrued in the
amount of $30,324 as of the year ended 2000 at $.21 per share.  On February  21,
2001 the  Company  issued  25,100  shares of  common  stock to an  employee  for
services rendered at $.17 per share and total  consideration of $3,740. On March
1, 2001, the Company issued 700,000 shares to management and key employees under
the Company s employee  stock options plan.  The shares were issued at $.17 per
share and a stock subscription receivable was recorded on the Companys books in
the amount of $119,000.  On June 6, 2001 the Company  issued  900,000  shares of
common  stock at $.11 per share in exchange  for 100% of the shares of Corporate
Capital Formation, Inc. and total consideration of $96,000. On June 22, 2001 the
Company  issued shares to directors for services  rendered at $.03 per share for
services  rendered  in the amount of  $10,800.  On,  October 1, 2001 the company
retired the stock subscription  receivable that was issued on March 1, 2001. The
700,000  shares  that were  issued  were  cancelled  and the stock  subscription
receivable  was retired.  Triad  Industries,  Inc.  pays a management  fee to RB
Capital & Equities in the amount of $7,500.00 per month.

Item 13.  Exhibits and Reports on 8-K

                           List of documents filed as part of this report:
                           (a) Exhibits
1.       10QSB filed by reference on 11/16/2001
2.       10QSBA filed by reference on 8/15/2001
3.       10QSB filed by reference on 8/13/2001.
4.       8KA filed by reference on 7/18/2001
5.       8KA filed by reference on 7/10/2001













                                     Part IV

                                   Signatures

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

TRIAD INDUSTRIES, INC.

By:/S/ Linda Bryson
Linda Bryson, President


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed by the persons on behalf of the registrant and in the capacities
and on the dates indicated:



Signature                   Title               Date


/s/ Linda Bryson       President           March 15, 2002
Linda Bryson


/s/ J. William Byrd    Vice President      March 15, 2002
J. William Byrd


/S/ Michael Kelleher   Secretary and CFO   March 15, 2002
Michael W. Kelleher










                                                                  S-1