UNITED STATES
                       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, 2003
                                       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 204
                               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 YES NO
<PAGE>



As of March 24,  2004,  the  aggregate  market value of the voting stock held by
non-affiliates of the registrant was $43,170 based upon a $.10 per share trading
price on March 24, 2004.

Indicate the number of shares outstanding of each of the registrants  classes of
common stock, as of the latest practicable date.


Common Stock                                  532,300 Shares Outstanding
$0.001 par value                                as of December 31, 2003

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):    X      Yes     No

The issuers revenues for its most recent year were $227,171.






<PAGE>










                             TRIAD INDUSTRIES, INC.
                                TABLE OF CONTENTS


                                   PART I                          Page

Item 1.          Description of Business                             1-5
Item 2.          Description of Property                               5
Item 3.          Legal Proceedings                                     5
Item 4.          Submission of Matter to a Vote of
                 Security Holders                                      5


                         PART II

Item 5.          Market for Common Equity and Related
                 Stockholder Matters                                5-9
Item 6.          Managements Discussion and Analysis
                 or Plan of Operation                               9-18
Item 7.          Financial Statements                               19-43
Item 8.          Changes in and Disagreements with
                 Accountants on  Accounting and
                 Financial Disclosure                               43


                        PART III

Item 9.          Directors, Executive Officers, Promoters
                 and Control persons;
                 Compliance with Section 16(a)
                 of the Exchange Act                                44-45
Item 10.         Executive Compensation                             45-46
Item 11.        Security Ownership of Certain Beneficial
                Owners and Management                               46
Item 12.        Certain Relationships and
                Related Transactions                                47-48
Item 13.        Exhibits and Reports on Form 8-K                    49



SIGNATURES                                                          S-1




<PAGE>


ITEM     1.       Description of Business

All share  issuances,  including share issuance and share issue prices have been
retroactively restated to reflect a reverse stock split of one for twenty.

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 HRM (1) reversed its
common  stock on a one for ten  (1:10)  basis  from  262,836  to  26,337  shares
outstanding. Also at the Special Meeting of Shareholders, HRM 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 253,408  shares of HRM post split
common stock and 35,000 shares of $20.00  preferred  stock.  (Gam Properties and
Miramar Road became  subsidiaries of RB Capital on February 26, 1999. RB Capital
& Equities had a note payable to American Health Systems, Inc., for $1.4 million
for these  subsidiaries.  This note was  retired by  issuance  of 35,000  $20.00
preferred  shares and 18,667 shares of pre split common stock to American Health
Systems,  Inc.  for the above  mentioned  note.) RB Capital and  Equities  was a
non-trading   publicly  owned  company.   The  Company  has   approximately  400
shareholders. The only significant shareholder was American Health Systems, Inc.
who owned 18,667  (23.5%) of common shares before the merger and 56,000  (17.5%)
of common  shares after the merger.  The 35,000  shares of preferred  stock that
were issued to American Health Systems,  Inc. was for a note payable for the 99%
interest RB Capital had acquired in Miramr Road Associates on February 28, 1999.
The  acquisition was accounted for as a  recapitalization  of RB Capital because
the shareholders of RB Capital controlled HRM after the acquisition.  Therefore,
RB Capital is treated as the acquiring entity for accounting purposes and HRM is
the surviving entity for legal purposes.



                                       1
<PAGE>

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  un-owned 1% interest in
Miramar Road  Associates,  for cash. On June 30, 2000 the Company  issued 73,165
shares of common stock at $19.20 per share to purchase  certain assets,  subject
to certain  liabilities of three  entities.  The Company issued 44,760 shares of
common stock to Northwest  Medical Clinic,  Inc (an S Corp).  The Company issued
17,330 shares of common stock to Amerimed of Georgia and 11,075 shares of common
stock to Florimed of Florida. The certain assets, subject to certain liabilities
were all  acquired in separate  transactions.  The  certain  assets,  subject to
certain   liabilities  were   simultaneously   placed  in  a  newly  capitalized
Corporation  named Northwest  Medical Clinic,  Inc. Although the prior operating
name was used,  it should be noted that the purpose of this  acquisition  was to
use the Companys  public  status to raise funds through the sale of common stock
to be able to inject  capital into the medical  clinic to change its  direction.
The personal  injury  sector that the clinic had  historically  performed was no
longer  profitable due to several  factors.  The main factors were the length of
time to collect on an outstanding balance from the insurance providers,  and the
litigious nature of insurance claims. The operators of the clinic had determined
that they must change the services they provided in order to remain in business.
However,  the  clinic did not have the  access to  sufficient  capital to change
direction.  The  Company  determined  that they would  acquire  certain  assets,
subject to certain  liabilities  from three  entities  to  capitalize  a medical
division balance sheet (operating under the name Northwest  Medical Clinic Inc),
then,  immediately  inject sufficient  capital to change the clinic direction in
order for it to be viable.

On June 6, 2001 Triad acquired 100% of the outstanding common stock of Corporate
Capital Formation,  Inc. a Nevada corporation,  in exchange for 45,000 shares of
common stock. The transaction was valued $96,000.

On January 1, 2002 Northwest Medical Clinic,  Inc. was sold back to its original
shareholders  in exchange  for the common  stock that was issued to purchase the
assets and liabilities.  Due to the Companys common stock decreasing from $19.20
per share at the time of the acquisition,  to $.40 at the time of the sale back,
the  Company  recognized  a  $1,542,394  loss on the  sale of this  discontinued
operation.

As of December 31, 2003 the Company had 532,300  shares of $.001par value common
stock outstanding and 7,500 shares of $1.00 preferred stock outstanding.

The Company is not required to deliver an annual report to security holders. The
Company  will send an annual  report  with  audited  financial  statements  to a
security holder if requested.

The  Company is required  to file  10KSBs,  10QSBs,  8KSBs,  and  various  other
reports.  The public may read and copy any  materials the Company files with the
SEC at the SECs Public  Reference Room at 450 Fifth Street,  N.W.,  Washington,
D.C. 20549. The


                                       2
<PAGE>

public may also obtain  information on the Public  Reference Room by calling the
SEC at  1-800-SEC-0330.  The SEC  maintains a website where these reports may be
found. The address of the website is as follows http://www.sec.gov.

Subsidiaries

Triad owns three 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-  Healthcare  Resource  Management,  Inc.,  a  Nevada  corporation.  Presently
inactive.

3-  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 on July 31,  2003  Triad  Industries,  Inc.  sold the
commercial property located at 350 West Ninth Avenue,  Escondido,  CA 92025. The
Company sold the property for  $1,680,000 and  recognized  approximate  proceeds
from the sale in the amount of $835,000. This was the Companys last real estate
holding.  Triad  Industries,  Inc.  currently  is not  active  in  any  business
activities. It operates through its wholly owned subsidiaries.  Therefore, Triad
Industries Inc., is a holding company.

The Company is not dependent on one or a few major clients.

The Company does not hold any patents or trademarks.

The  Company  does not need  governmental  approval  for any of its  products or
services.  Furthermore,  management  is  unaware  of any  existing  or  probable
governmental regulations that would affect the Company.

Services and Operations

     Triad Industries, Inc. Parent Company.   (holding company)


     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


                                       3
<PAGE>

10SB,  8K and  related  filings.  In  addition  the  Company  prepares  Plan  of
Reorganizations 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 does not share fees with other  professionals.  The Company
functions  in  the  Public  Relations  areas  including,   but  not  limited  to
shareholder  letters,   corporate  profiles,  press  releases  based  on  client
information.

      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  and
Equities, Inc.. Healthcare Resource Management, Inc. is designed to be a medical
management company, however; it is presently inactive.

Employees

Including its officers and directors the consolidated  operations  employ 4 full
time  employees.  There are four full time  employees in the financial  services
sector (RB Capital & Equities, Inc. and Corporate Capital Formation,  Inc.). The
companies also use independent consultants for a variety of tasks.

Competition

RB  Capital &  Equities,  Inc.,  and  Corporate  Capital  Formation,  Inc.  have
large-scale  competition in the financial  services  industry.  Some of the same
functions  of the  Company  are  provided  by  accounting  firms,  legal  firms,
brokerage  firms,  and individual  consultants.  However,  the management of the
Company feels that they have a


                                       4
<PAGE>


competitive  advantage over these  companies,  which is due to the fact that the
Company  offers  all the  services  their  competition  does  (except  legal and
auditing) under one roof. Most of the competition is fragmented and
only provides one aspect of these services.

Item 2.  Description of Property

Triad Industries,  Inc., and RB Capital & Equities,  Inc., occupy  approximately
1150 square feet of general office space at 350 W. Ninth Avenue #204, Escondido,
CA 92025.  The Company rents the above  mentioned space from JSK Service for the
amount of $1,173 per month,  on a one year lease that  expires on July 31, 2004.
The  Company  has not made  arrangements  to extend the lease  currently  and is
looking into the possibility of a new location. To date no new location has been
found.

Corporate Capital  Formation,  Inc. occupies a 320 square foot office located at
6565  Spencer  Street,  Las  Vegas,  NV  89119,  which  is  rented  from  Devton
International Inc. on a month to month lease at the rate of $660.


Item 3.  Legal Proceedings

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

There were no matters voted on this year by the shareholders.

                                                      Part II

Item 5.  Market for Registrants Common Equity and Related Matters

All share  issuances,  including share issuance and share issue prices have been
retroactively restated to reflect a reverse stock split of one for twenty.

The Companies  common stock is traded in the NASD  Electronic  Pink Sheets under
the symbol TDII. The company stock has,  during the fiscal year ending  December
31, 2003, traded between $.06 and $.60 per share. The number of shares of record
of common stock,  $.001 par value, of the Company was 532,300 as of December 31,
2003. The Company has not yet adopted any policy regarding payment of dividends.
It should be noted that the  Company  declared a one for  twenty  reverse  stock
split, which was effective on February 28, 2003.




                                       5
<PAGE>


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 3-31-02                             $.25               $.55
Qtr Ended 6-30-02                             $.13               $1.80
Qtr Ended 9-30-02                             $.20               $.60
Qtr Ended 12-31-02                            $.13               $.40
Qtr Ended 3-31-03                             $.06               $.60
Qtr Ended 6-30-03                             $.16               $.30
Qtr Ended 9-30-03                             $.16               $.30
Qtr Ended 12-31-03                            $.16               $.30

As of December 31, 2003, the Company has issued and  outstanding  532,300 shares
of common stock outstanding to 491 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


                                       6
<PAGE>

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.

         Dividends

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 foreseeable future.

        Recent Sales of Unregistered Securities

In accordance with Item 701 of Regulation SB the Company  considers recent sales
of securities to be transactions which have occurred in the last three years.

On January  15,  2001,  the Company  issued  2,500  shares of common  stock to 5
employees of Northwest  Medical  Clinic  under the  Companys  Gross Annual Wage
Bonus Plan at $3.40 per share, for total services rendered of $8,500.

On January 18,  2001,  the Company  issued 7,238 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 $2.98 per share.

On February  21,  2001,  the Company  issued  1,255 shares of common stock to an
employee for  services  rendered at $3.40 per share and total  consideration  of
$3,740.

On March 1,  2001,  the  Company  issued  35,000  shares to  management  and key
employees under the Companys employee stock option plan. The shares were issued
at $3.40 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 45,000 shares of common stock at $2.20 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 18,000 shares of common stock  collectively
to directors  for services  rendered at $.60 per share for services  rendered in
the amount of $10,800.



                                       7
<PAGE>


On, October 1, 2001, the company retired the stock subscription  receivable that
was issued on March 1, 2001.The  35,000  shares that were issued were  cancelled
and the stock subscription receivable was retired.

On January 1, 2002, Northwest Medical Clinic, Inc. was sold back to its original
shareholders  in exchange for the 73,165  shares of common stock that was issued
to  purchase  the assets and  liabilities.  Due to the  Companys  common  stock
decreasing from $19.20 per share at the time of the acquisition,  to $.40 at the
time of the sale back, the Company  recognized a $1,542,394  loss on the sale of
this discontinued operation.

On October 15, 2002 American  Health  Systems,  Inc.  converted on a two for one
basis  35,000  shares of  preferred  stock it had held.  Therefore,  the Company
issued 70,000 shares of common stock for this conversion.

On January 24, 2003 the company issued 27,500 shares of common stock at $.20 per
share to retire  accrued  services  rendered  of $5,500 that were  officers  and
directors fees for the year ended December 31, 2002.

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,  2003 the  Company  has a total of 532,300  shares of common
stock outstanding.

It should be noted that the  Company  declared a one for  twenty  reverse  stock
split,  which was effective on February 28, 2003.  The above  transactions  have
been retroactively restated to bear the effects of the reverse.

Description of Securities

All shares of Common Stock have equal rights and privileges  with respect voting
liquidation and dividend  rights.  All shares of Common Stock entitle the holder
thereof  to (i) one  non-cumulative  vote for each  share  held of record on all
matters submitted to a vote of the stockholders; (ii) to participate equally and
to  receive  any and all  such  dividends  as may be  declared  by the  Board of
Directors out of funds legally available therefore; and (iii) to participate pro
rata in any distribution of assets  available for distribution  upon liquidation
of the Company. Stockholders of the Company have no preemptive rights to acquire
additional shares of Common Stock or any other  securities.  The Common Stock is
not subject to redemption and carries no subscription or conversion  rights. All
outstanding shares of Common Stock are fully paid and non-assessable.  There are
no provisions in Triad Industries,  Inc.,  charter or bylaws that would prevent,
delay or defer a change in control.

As of December 31, 2003, there are no warrants outstanding. The only convertible
securities  that are  outstanding  consist of 7,500 shares of  preferred  stock,
which convert on a two for one basis..



                                       8
<PAGE>


No common stock has been proposed to be offered publicly by the Company.

The preferred  stock is (1) non- voting  stock,  (2)  convertible  at the second
anniversary  from issuance on a two for one (2:1) basis to common stock, (3) has
a  preference  over  common  stock to be paid $1.00 per share as a  preferential
liquidation.

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 foreseeable 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,  2003 and 2002.  The  Company  consolidates  the
operations of RB Capital and Equities, Inc., Corporate Capital Formation, Inc.

On January 1, 2002 Northwest Medical Clinic,  Inc. was sold back to its original
shareholders  in exchange  for the common  stock that was issued to purchase the
assets and liabilities. Due to the Companys common stock decreasing from $19.20
per share at the time of the acquisition,  to $.40 at the time of the sale back,
the  Company  recognized  a  $1,542,394  loss on the  sale of this  discontinued
operation.  Due to  this  Northwest  Medical  Clinic,  Inc.  is  presented  as a
discontinued operation.

Triad  Industries,  Inc. sold the  commercial  building.  Therefore,  the parent
Company is now a holding company.

RB  Capital  &  Equities  Inc.,  and  Corporate  Capital  Formations,  Inc.  had
substantially  decreased  revenues when  compared to the prior year.  Management
attributes  this  weak  capital  market  for small and  emerging  companies  and
investors  looking for more secure  investments  than micro cap  equities.  This
affects  RB Capital &  Equities,  Inc and  Corporate  Capital  Formations,  Inc.
greatly,  due to the fact that the Company  derives its revenues from performing
consulting  work for companies that wish to soon trade publicly and derive their
operating  capital  from  public  investment.  In the opinion of  management,  a
downtrodden stock market, a decrease in initial public offerings, and the public
keeping  their money out of equities all had a negative  affect on the financial
services subsidiaries.

Management is confident that current cash on hand will satisfy the Companys cash
requirements for the next twelve months.


                                       9
<PAGE>


The Company does not expect to purchase  any  significant  equipment  during the
next twelve months.

Management does not intend to hire additional  employees;  the only hiring would
be to replace a vacated position .In such cases,  compensation to management and
employees will be consistent with prevailing wages for services rendered.

Results of Operations

Revenues  totaled  $227,171 as of December 31, 2003,  compared to $651,308 as of
December 31, 2002; this is a decrease of approximately  65%. The decrease can be
partially be explained by the decrease in real estate  revenues from $138,362 in
2002,  to $86,371  for the same period of 2003.  The  Company  sold the last two
residential  rental properties the Company held during the first quarter of 2002
and sold the commercial  property in July of 2003.  Further  contributing to the
decrease in revenues was the poor performance of the financial services sector.

         Revenue for the years ended December 31, 2003 and 2002:

                                2003       2002

RB Capital                    $125,766   $400,645
Corporate Capital Formation     13,114     64,760
Triad Industries, Inc.          88,291    185,902



For the year ended  December  31,  2003 the  Company  had a net loss of $684,860
compared to a net loss of $1,457,825 for the same period of 2002.


Revenues  totaled  $227,171 as of December 31, 2003,  compared to $651,308 as of
December 31, 2002; this is a decrease of approximately  65%. The decrease can be
partially be explained by the decrease in real estate  revenues from $138,362 in
2002,  to $86,371  for the same period of 2003.  The  Company  sold the last two
residential  rental properties the Company held during the first quarter of 2002
and sold the commercial  property in July of 2003.  Further  contributing to the
decrease in revenues was the poor performance of the financial  services sector.
The major factor contributing to the drop in revenues for the financial services
sector was the amount of common stock received for services.  For the year ended
December 31, 2002 the Company  recognized  $150,000 in common stock received for
services,  compared to $0 for the same period of 2003. Management has attributed
this  decrease  to weak  capital  market for small and  emerging  companies  and
investors  looking for more secure  investments  than micro cap  equities.  This
affects  RB Capital &  Equities,  Inc and  Corporate  Capital  Formations,  Inc.
greatly,  due to the fact that the Company  derives its revenues from performing
consulting  work for companies that wish to soon trade publicly and derive their
operating capital from public investment.



                                       10
<PAGE>


The Company  experienced  a net gain of $573,014  from the sale of the Companys
commercial  property.  It should be noted  that upon the sale of the  commercial
building the Company no longer has any  functions in the real estate  sector.  A
contributing  factor to the net loss was that  management  determined a deferred
tax benefit of $952,458 was impaired  because its value  exceeded the fair value
management believed the Company would receive from the asset.

In determining whether or not to have a valuation allowance against the deferred
tax benefit the Company has impaired,  management  was required to evaluate both
positive and negative evidence in making any determination.  In determining that
a  valuation  allowance  was  necessary,  management  feels  that  there is more
negative than positive evidence regarding the deferred tax benefit.

The major  influence in the opinion of management  regarding  negative  evidence
stems  from  the  Company   continuing  to  have  operating   losses.   Although
historically  a large  portion  of the  operating  losses was caused by non cash
transactions,  the fact remains  that the Company is still  operating at a loss.
Management had also hoped for a rebound from the financial services sector which
had performed well prior to 2002. However, the financial services sector has not
turned around.

In terms of positive evidence management considered the following:  The 350 West
Ninth Avenue property had been appreciating rapidly and the Company had no plans
to sell  the  property.  Also,  as  previously  mentioned  a  large  part of the
Companys historical losses were from non cash transactions.

Therefore,  in terms of the  impairment  of the deferred tax benefit  management
concluded  that since the  Company  had just sold the  property,  the  financial
services  sector had not turned around and the Company was still  operating at a
loss.  It was more likely than not that the  deferred  tax benefit  would not be
recognized.

The Company had income from  continuing  operations  for the year ended December
31, 2003 of $250,843,  compared to income from continuing operations of $172,585
for the same period the year before.  This increase can largely be attributed to
the  $573,014  gain the  Company  recognized  from  the  sale of the  commercial
property.  There was a $17,616 decrease in Depreciation and Amortization,  which
can mostly again be  attributed to the  commercial  property  sale.  General and
Administrative  costs  decreased  $12,500 from 2002 to 2003.  It should be noted
that costs of sales increased approximately $74,000. This sharp increase was due
to largely to  approximately  $60,000 in consulting  fees the Company paid.  The
Company  recognized a loss of $5,721 from an investment in another  company that
is accounted for under the equity  method  compared to a loss of $25,691 for the
same  period f 2002..  The  Company  realized a loss of $6,588  from the sale of
securities compared to a gain of $106,366 in the prior year.

Bad Debt also  decreased  significantly  from $55,504 for fiscal 2002 to $14,605
for fiscal 2003. The reason for the decrease in bad debt expense was the Company
not being very active in the financial services area. The Company would normally
perform services


                                       11
<PAGE>

then bill for these services, with the potential for non payment.  However, with
the decreased activity in the financial services sector the bad debt possibility
was decreased.

Interest  expense also  decreased  from $75,758 for the year ended  December 31,
2002 to  $60,560  for the  year  ended  December  31,  2003.  This  can  also be
attributed to the commercial property sale




                                             Income Statement Summary
                                                    December 31

                                        2003          2002

Revenues                             $ 227,171    $ 651,308

Total Operating Costs                  540,829      537,832

Income (Loss) from Operations         (313,658)     113,476

Other Income/ (Expense)                561,141       59,109

Net Income / (Loss) From
Continuing Operations Before Taxes     250,843      172,585


                                         FINANCIAL INFORMATION RELATING TO
                                         INDUSTRY SEGEMENTS AND CLASSES OF
                                               PRODUCTS OR SERVICES

                                                            YEAR

                                             2001           2002        2003

Sales to unaffiliated customers:
Miramar Road Associates, LLC. * /
Triad Industries, Inc.
Commercial Real Estate Rental Revenue       235,008       130,662        88,291
Gam Properties, Inc.                                                         **
Residential Real Estate Rental Revenue       71,880         7,700             -
RB Capital and Equities, Inc. /
Triad Industries/
Corporate Capital Formation, Inc.
Financial Service Revenue                   566,211       512,496       138,880



                                                                             12
<PAGE>


Intersegment Sales
Miramar Road Associates, LLC.                     -             -             -
Gam Properties, Inc.                              -             -             -
RB Capital and Equities, Inc.                     -             -             -
Triad Industries, Inc.                            -             -             -
HRM                                               -             -
                                                                              -
Northwest Medical Clinic, Inc.                    -             -             -
Corporate Capital Formation, Inc.                 -             -             -



Operating Profit/Loss
Miramar Road Associates, LLC.*             (622,364)            -             -
Gam Properties, Inc.                              -             -             -
RB Capital and Equities, Inc.               275,909       161,846      (160,101)
Triad Industries, Inc.                     (116,734)      (32,909)     (137,493)
HRM                                               -             -
                                                                              -
Corporate Capital Formation, Inc.           (28,460)      (15,462)      (16,056)
Triad Realty Inc.                              (870)            -             -

Identifiable Assets
Miramar Road Associates, LLC.*                    -             -             -
Gam Properties, Inc.**                            -             -             -
RB Capital and Equities, Inc.               804,334       190,611       187,030
Triad Industries, Inc.**                  2,760,124     2,050,617       557,157
HRM                                           3,026         3,028             -
Northwest Medial Clinic, Inc***           1,697,909             -             -
Corporate Capital Formation, Inc.           170,178       113,525       122,714


* Miramar Road  Associates  sold their  commercial  building in May of 2001.

**Triad sold the last two  residential  properties it owned in the first quarter
of 2002 and the commercial property in July 2003.


               ***  Northwest  Medical  Clinic,  Inc.  sold on  January 1, 2002.
          (Presented  as  a  Discontinued   Operation)  ****  Corporate  Capital
          Formation, Inc. was acquired on June 6, 2001.


RB Capital and Equities,  Inc. had an operating loss of $160,101  compared to an
operating profit of $161,846.  There was a decrease of approximately $275,000 in
consulting   revenues  from  this  financial  services   subsidiary.   The  main
contributing  factor  was for the year  ended  December  31,  2002  the  Company
recognized  $150,000 in common stock  received for services,  compared to $0 for
the same period of 2003.  Salary expenses  including  payroll taxes increased by
$55,571 when comparing 2003 to 2002. Also,  consulting fees increased by $52,200
when  comparing  the year ended  December  31,  2003 to the same period the year
before. Management attributes the increases in


                                       13
<PAGE>

payroll costs and  consulting to payroll  raises and increased  costs which were
incurred  to make the  Company  in  compliance  with full  reporting  standards.
Furthermore, Bad Debt expense decreased by $12,020 when comparing the year ended
December 31, 2003 to the same period of 2002. However,  in comparison  operating
costs for the most part remained constant except for those disclosed above.

Corporate Capital Formation,  Inc, had a net operating loss of $16,056, compared
to a net  operating  loss of  $15,462  for the year  before.  Corporate  Capital
Formation,  Inc., had revenues significantly below the year before and operating
expenses dropped  proportionately.  Corporate Capital Formation Inc., attributes
the  lack of  revenues  due to weak  financial  markets.  A  large  majority  of
Corporate  Capital  Formations,  Inc. clients rely on public funding to operate,
due to poor  economic  conditions  public  funding was  difficult to come by for
their clients.  In conjunction with revenue being approximately A quarter of the
year before,  operating  expenses also followed the same trend. Bad Debt expense
was the  only  material  item to  change  in  comparison  of  Corporate  Capital
Formation, Inc.s general and administrative expenses.

Triad  Industries,  Inc. the parent  company had an  operating  loss of $137,493
compared to an  operating  loss of $32,909  for the same  period of 2002.  It is
difficult to present comparative information for Triad Industries,  Inc. This is
due to the fact that the main  operation of the parent  Company was the 350 West
Ninth Avenue  building,  which was sold in July of 2003.  The Company  owned the
building for the whole year of 2002. The operating  costs of the corporation are
for the most part fixed.

Recent Accounting Pronouncements

SFAS No. 145 -- On April 30, 2002, the FASB issued FASB  Statement No.  145(SFAS
145),  Rescission  of FASB  Statements  No.  4, 44,  and 64,  Amendment  of FASB
Statement  No.  13,  and  Technical  Corrections.  SFAS 145  rescinds  both FASB
Statement No. 4 (SFAS 4), Reporting Gains and Losses from Extinguishment of Debt
and the amendment to SFAS 4, FASB  Statement No. 64(SFA  64),Extinguishments  of
Debt Made to Satisfy Sinking-Fund  Requirements.  Through this rescission,  SFAS
145  eliminates  the  requirement  (in both  SFAS 4 and SFAS 64) that  gains and
losses  from  the  extinguishment  of  debt  be  aggregated  and,  if  material,
classified  as an  extraordinary  item,  net of the  related  income tax effect.
However,  an entity is not prohibited from  classifying such gains and losses as
extraordinary  items,  so  long as it  meets  the  criteria  in  paragraph  20of
Accounting  Principles Board Opinion No. 30, Reporting the Results of Operations
Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary,
Unusual and Infrequently  Occurring Events and Transactions.  Further,  SFAS 145
amends  paragraph  14(a) of FASB  Statement No. 13,  Accounting  for Leases,  to
eliminate  an   inconsistency   between  the   accounting   for   sale-leaseback
transactions and certain lease modifications that have economic effects that are
similar to  sale-leaseback  transactions.  The  amendment  requires that a lease
modification  (1) results in  recognition of the gain or loss in the 9 financial
statements, (2) is subject to FASB Statement No. 66,Accounting for Sales of Real
Estate, if the leased asset is real estate (including integral  equipment),  and
(3) is subject (in its entirety) to the sale


                                       14
<PAGE>

leaseback rules of FASB Statement No. 98, Accounting for Leases:  Sale-Leaseback
Transactions Involving Real Estate, Sales-Type Leases of Real Estate, Definition
of the  Lease  Term,  and  Initial  Direct  Costs of  Direct  Financing  Leases.
Generally,  FAS 145 is effective for transactions  occurring after May 15, 2002.
The  implementation  of SFAS 145 did not have a material effect on the financial
statements.

SFAS No. 146 -- In June 2002, the FASB issued SFAS No. 146, "Accounting for Exit
or  Disposal  Activities"  (SFAS 146).  SFAS 146  addresses  significant  issues
regarding  the  recognition,  measurement,  and  reporting  of  costs  that  are
associated with exit and disposal activities, including restructuring activities
that are currently accounted for under EITF No. 94-3, "Liability Recognition for
Certain  Employee  Termination  Benefits  and  Other  Costs to Exit an  Activity
(including  Certain Costs Incurred in a  Restructuring)."  The scope of SFAS 146
also  includes  costs  related to  terminating  a contract that is not a capital
lease and termination  benefits that employees who are involuntarily  terminated
receive under the terms of a one-time benefit arrangement that is not an ongoing
benefit arrangement or an individual  deferred-compensation  contract.  SFAS 146
will be  effective  for exit or disposal  activities  that are  initiated  after
December 31, 2002 and early  application is  encouraged.  The provisions of EITF
No. 94-3 shall  continue to apply for an exit activity  initiated  under an exit
plan that met the  criteria of EITF No. 94-3 prior to the  adoption of SFAS 146.
The effect on adoption of SFAS 146 will change on a prospective basis the timing
of when the  restructuring  charges are recorded from a commitment date approach
to when the liability is incurred. The implementation of SFAS 146 did not have a
material effect on the financial statements.

SFAS No. 147 -- In October 2002, the FASB issued  Statement No. 147 Acquisitions
of Certain Financial Institutions an amendment of FASB Statements No. 72 and 144
and FASB  Interpretation  No. 9 (SFAS  147).  SFAS 147 removes  acquisitions  of
financial  institutions  from the scope of both Statement 72 an Interpretation 9
and requires that those  transactions  be accounted for in accordance  with FASB
Statements  No. 141,  Business  Combinations,  and No. 142,  Goodwill  and Other
Intangible  Assets.  Thus,  the  requirement  in  paragraph 5 of Statement 72 to
recognize  (and  subsequently   amortize)  any  excess  of  the  fair  value  of
liabilities assumed over the fair value of tangible and identifiable  intangible
assets  acquired  as an  unidentifiable  intangible  asset no longer  applies to
acquisitions  within the scope of this  Statement.  In addition,  this Statement
amends FASB  Statement  No. 144,  Accounting  for the  Impairment or Disposal of
Long-Lived  Assets,  to  include  in its scope  long-term  customer-relationship
intangible   assets  of   financial   institutions   such  as   depositor-   and
borrower-relationship intangible assets and credit cardholder intangible assets.
Consequently,  those intangible assets are subject to the same undiscounted cash
flow  recoverability  test  and  impairment  loss  recognition  and  measurement
provisions that Statement 144 requires for other long-lived assets that are held
and used. SFAS 147 is effective October 1, 2002. The  implementation of SFAS 147
did not have a material effect on the financial statements.

SFAS No. 148 -- In December 2002, the FASB issued SFAS No. 148,  "Accounting for
Stock-Based Compensation -- Transition and Disclosure"(SFAS 148). SFAS 148amends
SFAS No. 123 "Accounting for Stock-Based Compensation" (SFAS 123), to


                                       15
<PAGE>

provide  alternative  methods of transition  for a voluntary  change to the fair
value based method of  accounting  for  stock-based  employee  compensation.  In
addition,  SFAS 148 amends the  disclosure  requirements  of SFAS 123 to require
prominent  disclosures in both annual and interim financial statements about the
method of accounting for stock-based employee compensation and the effect of the
method  used on  reported  results.  SFAS  148 is  effective  for  fiscal  years
beginning  after  December  15,  2002.  The interim  disclosure  provisions  are
effective for financial  reports  containing  financial  statements  for interim
periods  beginning after December 15, 2002. The  implementation  of SFAS 148 did
not have a material effect on the Companys financial statements.

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 an 8:1 current ratio. As of December 31, 2003 the
Company has $707,912 in current assets  compared to $169,247 for the same period
of 2002. For the year ended December 31, 2003 cash increased $391,782,  accounts
receivable increased $5,830, marketable securities increased $102,403, and other
current assets decreased $10,102 due to the sale of commercial property.

Current liabilities decreased from $300,173 for the year ended December 31, 2002
to $85,022 for the year ended  December  31, 2003.  The major factor  related to
this change was a $150,910 decrease in current notes payable on real estate, due
to the  sale of the  commercial  property.  The  outstanding  balance  on the RB
Capital  line of  credit  also  decreased  by about  $2,700.  Other  significant
decreases  in  liabilities  included a  $4,631rease  in  accounts  payable and a
$46,188 decrease in loans payable.


                              Balance Sheet Summary
                                   December 31

                                2003       2002

Total Current Assets          707,912     169,247
Property (net)                 35,128   1,074,900

Total Assets                  866,901   2,357,781

Current Liabilities            85,022     300,173

Long Term Liabilities               -     583,898



                                               16
<PAGE>


Total Liabilities              85,022     884,071

Total Stockholders Equity     781,879   1,473,710

Total Liabilities and
Stockholders Equity           866,901   2,357,781

The  Company no longer has access to a credit line it had  established.  This is
due to the prior Company  president Gary DeGano leaving the Company.  Mr. DeGano
was the guarantor of the line of credit. Due to his retiring, the line of credit
was no longer available for use. However, the Company can pay down the remaining
balance over  approximately nine years. As of December 31, 2003 there was $4,354
outstanding on this line of credit.

Triad  Industries,  Inc., has $ 707,912 in current assets including $ 411,614 in
cash.  The Company  believes  the  $208,156 it holds in  available  for sale and
trading securities to be very liquid. The marketable securities can be converted
to cash in under three days. The Company holds $ 88,142 in accounts  receivable.
This is also highly liquid,  however;  this  liquidity  depends on the party the
amount is due from.  Allowances  for bad debt have been made where  appropriate.
Due to the fact Triad Industries is a consolidated  parent holding company Triad
Industries,  Inc.  will  use free  cash  flow if  available  from RB  Capital  &
Equities,  Inc. and Corporate Capital  Formation,  Inc. to satisfy Triads short-
term cash requirements.

In the event,  outside  funding is necessary;  the Company will  investigate the
possibility  of interim  financing,  either debt or equity,  to provide  capital
..Although,  management has not made any  arrangements or definitive  agreements,
the Company  would  consider  private  funding or the private  placements of its
securities and/or public offering.

Net Operating Losses

The Company  has  accumulated  $(3,131,666)  of net  operating  losses and other
comprehensive  losses of $(653,085)  as of December 31, 2003,  which may used to
reduce taxes in future  years  through  2023.  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.  It should be
noted that the company has  expensed a deferred  tax benefit on the books in the
amount of $935,343 as of December  31,  2003.  Therefore,  no tax benefit is any
longer presented on the Companys books.

In the event of certain  changes in  control  of the  Company,  there will be an
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.



                                       17
<PAGE>


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 successfully market its services if and
other risks detailed in the Companys periodic report filings with the Securities
and Exchange Commission.


Item 7.  Financial Statements and Supplementary Data











                                       18
<PAGE>








Armando C. Ibarra, C.P.A.
Armando Ibarra, Jr., C.P.A., JD

Members of the Better Business Bureau since 1997

To the Board of Directors
Triad Industries, Inc.
(Formerly RB Capital & Equities, Inc.)
350 West 9th Avenue., Suite A
Escondido, CA  92025


                          INDEPENDENT AUDITORS REPORT

We  have  audited  the  accompanying   consolidated   balance  sheets  of  Triad
Industries,  Inc. (Formerly RB Capital & Equities, Inc.) as of December 31, 2003
and 2002 and the  related  consolidated  statements  of  operations,  changes in
stockholders  equity and cash flows for the years then ended.  These  financial
statements   are  the   responsibility   of  the   Companys   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audit.

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

In our opinion, the consolidated  financial statements referred to above present
fairly, in all material  respects,  the financial  position of Triad Industries,
Inc. as of December 31, 2003 and 2002,  and the results of their  operations and
their  cash  flows  for the  years  then  ended in  conformity  with  accounting
principles generally accepted in the United States of America.

As discussed in Note 2e, the Companys financial  statements have been presented
on the basis that it is a going concern.  The accompanying  financial statements
do not  include  any  adjustments  to the  financial  statements  that  might be
necessary should the Company continue as a going concern.

__________________________________
ARMANDO C. IBARRA, C.P.A.  APC

March 19, 2004
Chula Vista, California



                                       19
<PAGE>


                      TRIAD INDUSTRIES, INC.
              (Formerly RB Capital & Equities, Inc.)
                    Consolidated Balance Sheets
                              ASSETS
                                                As of         As of
                                             December 31,   December 31,
                                                2003            2002
CURRENT ASSETS
Cash                                         $  411,614   $   19,832
Accounts receivable                              88,142       82,312
Available for sale securities (see note 7)       72,949       57,001
Trading securities (see note 8)                 135,207            -
Escrow account - property taxes                       -       10,102
Total Current Assets                            707,912      169,247
NET PROPERTY & EQUIPMENT                         35,128    1,074,900
OTHER ASSETS
Investment in other companies (see note 9)      122,637      171,389
Net loan fees                                         -        6,902
Security deposits                                 1,224            -
Deferred tax benefit                                  -      935,343
Total Other Assets                              123,861    1,113,634
TOTAL ASSETS                                 $  866,901   $2,357,781


                                       20
<PAGE>



                            TRIAD INDUSTRIES, INC.
                   (Formerly RB Capital & Equities, Inc.)
                         Consolidated Balance Sheets
                     LIABILITIES AND STOCKHOLDERS' EQUITY
                                            As of          As of
                                        December 31,    December 31,
                                            2003            2002
CURRENT LIABILITIES
Accounts payable                       $    20,456    $    25,087
Loans payable                               59,612        105,800
Line of credit                               4,354          7,038
Taxes payable                                    -          6,251
Client deposits                                600          5,087
Trust deeds and mortgages
Short-term portion                               -        150,910
Total Current Liabilities                   85,022        300,173
LONG-TERM LIABILITIES
Trust deeds and mortgages
Long-term portion                                -        583,898
Total Long-Term Liabilities                      -        583,898
TOTAL LIABILITIES                           85,022        884,071
STOCKHOLDERS' EQUITY
Preferred stock ($1.00 par
value, 10,000,000 shares
authorized 7,500 shares issued
and outstanding for
December 31, 2003 and 2002,
respectively)                                7,500          7,500
Common stock ($0.001 par value,
50,000,000 shares authorized
532,300 and 504,800 shares
issued and outstanding
as of December 31, 2003
and 2002, respectively)                        532            504
Additional paid-in capital               4,621,098      4,615,626
Stock subscription receivable              (62,500)       (62,500)
Accumulated other comprehensive loss      (653,085)      (640,614)
Retained earnings (deficit)             (3,131,666)    (2,446,806)
Total Stockholders' Equity                 781,879      1,473,710
TOTAL LIABILITIES
& STOCKHOLDERS' EQUITY                 $   866,901    $ 2,357,781



                                       21
<PAGE>


                       TRIAD INDUSTRIES, INC.
               (Formerly RB Capital & Equities, Inc.)
                Consolidated Statements of Operations
                                          Year Ended      Year Ended
                                          December 31,    December 31,
                                             2003            2002
REVENUES
Consulting income                       $   140,800    $   512,946
Rental income                                86,371        138,362
Total Revenues                              227,171        651,308
Costs of revenues                          (122,541)       (48,530)
GROSS PROFIT                                104,630        602,778
OPERATING COSTS
Bad debt expense                             14,605         55,504
Depreciation expense                         13,514         31,130
Administrative expense                      390,169        402,668
Total Operating Costs                       418,288        489,302
OPERATING INCOME (LOSS)                    (313,658)       113,476
OTHER INCOME & (EXPENSES)
Interest income                                 818          2,696
Other income                                 55,323          2,986
Other expenses                                    -        (45,173)
Net realized gain (loss) on
sale of marketable securities                (6,588)       106,366
Gain on valuation of
trading securities                            7,855              -
Loss in investment (see note 9)              (5,721)       (25,691)
Net gain (loss) on disposable assets        573,014         93,283
Finance charges                                   -            400
Interest expense                            (60,560)       (75,758)
Total Other Income & (Expenses)             564,141         59,109
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE TAXES                     250,483        172,585
INCOME TAX (PROVISION) BENEFIT             (935,343)       (88,016)
INCOME (LOSS) FROM CONTINUING
OPERATIONS AFTER TAXES                  $  (684,860)   $    84,569
DISCONTINUED OPERATIONS
Loss on sale of Northwest
Medical Clinic, Inc.                              -     (1,542,394)
NET INCOME (LOSS)                       $  (684,860)   $(1,457,825)
BASIC EARNINGS (LOSS) PER SHARE
Earnings (loss) from
continuing operations                   $     (1.29)   $      0.19
Earnings (loss) from
discontinued operations            $              -    $     (3.44)
BASIC EARNINGS (LOSS) PER SHARE         $     (1.29)   $     (3.25)
WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING                   530,567        448,702
DILUTED EARNINGS (LOSS) PER SHARE
Earnings (loss) from c
ontinuing operations                    $     (1.26)   $      0.16
Earnings (loss) from
discontinued operations                 $         -    $     (2.93)
DILUTED EARNINGS (LOSS) PER SHARE       $     (1.26)   $     (2.77)
WEIGHTED AVERAGE OF DILUTED
COMMON SHARES OUTSTANDING                   545,567        526,222



                                       22
<PAGE>



                   TRIAD INDUSTRIES, INC.
           (Formerly RB Capital & Equities, Inc.)
    Consolidated Statement of Comprehensive Income (Loss)
                                           Year Ended     Year Ended
                                           December 31,   December 31,
                                              2003            2002
Net Income (Loss)                         $  (684,860)   $(1,457,825)
Other Comprehensive
Income (Loss) :
Unrealized gain (loss)
on securities                                 (12,471)      (802,276)
Total Other Comprehensive
Income (Loss)                                 (12,471)      (802,276)
Other Comprehensive Income (Loss)
Before Income Taxes                           (12,471)      (802,276)
Income Tax (Provision) Benefit
related to Items of
Comprehensive Income (Loss)                         -        272,775
Total Other Comprehensive Income (Loss)   $   (12,471)   $  (529,501)
Total Other Comprehensive (Loss)          $  (653,085)   $  (640,614)




                                       23
<PAGE>


                             TRIAD INDUSTRIES, INC.
                     (Formerly RB Capital & Equities, Inc.)
                 Consolidated Statement of Stockholders' Equity
                From December 31, 2000 through December 31, 2003
                                                                      Additional
                                  PreferredPreferred  Common  Common   Paid-in
                                   Shares   Stock     Shares  Stock     Capital


 Balance, December  31, 2000        42,500   42,500  433,972    433   4,460,599

 Stock issued on January 15, 2001
 for consulting fees @ $3.40 a share                   2,500      3       8,497

 Stock issued on January 18, 2001 for
 management fees @ $4.19 a share                       7,238      7      30,317

 Stock issued on February 21, 2001
 for consulting fees @ $2.98 a share                   1,255      1       3,739

 Stock issued on March 1, 2001  to
 management fees @ $3.40 a share                      35,000     35     118,965

 Stock issued on June 6, 2001
 for the purchase of Corporate Capital
 Formation, Inc. @ $2.13 per share                     5,000     45      95,955

 Stock issued on June 22, 2001
 to Directors @ $0.60 a share                         18,000     18      10,782

 October 1, 2001 cancellation of
 stock subscription                                  (35,000)   (35)   (118,965)

 Other comprehensive loss December 31, 2001

 Net income for the year ended

 December 31, 2001
 Balance,  December 31, 2001        42,500   42,500  507,965    507   4,609,889

 January 1, 2002 sale of Northwest
 Medical Clinic, Inc. @ $0.40 a share                (73,165)   (73)    (29,193)

 On October 15, 2002 preferred stock
 converted to common stock at 2 for(35,000) (35,000)  70,000     70      34,930

 Other comprehensive loss December 31, 2002

 Net loss for the year ended
 December 31, 2002

 Balance,  December 31, 2002         7,500    7,500  504,800    504   4,615,626

 Stock issued on January 24, 2003
 for services rendered @ $0.20 a share                27,500     28       5,472

 Other comprehensive loss December 31, 2003

Net loss for the year ended
 December 31, 2003

 Balance,  December 31, 2003         7,500  $ 7,500  532,300  $ 532 $ 4,621,098













                                                Stock
                                              Subscription      Reatined
                                                Receivable      Earnings



Balance, December 31, 2000                       (62,500)    (1,045,230)
Stock issued on January 15, 2001
for consulting fees @ $3.40 a share                    -              -

Stock issued on January 18, 2001 for
management fees @ $4.19 a share                        -              -

Stock issued on February 21, 2001
for consulting fees @ $2.98 a share                    -              -

Stock issued on March 1, 2001 to
management fees @ $3.40 a share                 (119,000)             -

Stock issued on June 6, 2001
for the purchase of Corporate Capital
Formation, Inc. @ $2.13 per share                      -              -

Stock issued on June 22, 2001
to Directors @ $0.60 a share                           -              -

October 1, 2001 cancellation of
stock subscription                               119,000              -

Other comprehensive loss December 31, 2001             -              -

Net income for the year ended
December 31, 2001                                      -         56,249


Balance, December 31, 2001                       (62,500)      (988,981)

January 1, 2002 sale of Northwest
Medical Clinic, Inc. @ $0.40 a share                   -              -

On October 15, 2002 preferred stock
converted to common stock at 2 for
1 ratio                                                -              -

Other comprehensive loss December 31, 2002             -              -

Net loss for the year ended
December 31, 2002                                      -     (1,457,825)

Balance, December 31, 2002                       (62,500)    (2,446,806)

Stock issued on January 24, 2003
for services rendered @ $0.20 a share                  -              -

Other comprehensive loss December 31, 2003             -              -

Net loss for the year ended
December 31, 2003                                      -       (684,860)

Balance, December 31, 2003                   $   (62,500)   $(3,131,666)


                                                Accumulated
                                                Comprehensive
                                                Income             Total
                                                (loss)

Balance, December 31, 2000                       (27,122)     3,760,152

Stock issued on January 15, 2001
for consulting fees @ $3.40 a share                    -          8,500

Stock issued on January 18, 2001 for
management fees @ $4.19 a share                        -         30,324

Stock issued on February 21, 2001
for consulting fees @ $2.98 a share                    -          3,740

Stock issued on March 1, 2001 to
management fees @ $3.40 a share                        -              -

Stock issued on June 6, 2001
for the purchase of Corporate Capital
Formation, Inc. @ $2.13 per share                      -         96,000

Stock issued on June 22, 2001
to Directors @ $0.60 a share                           -         10,800

October 1, 2001 cancellation of
stock subscription                                     -              -

Other comprehensive loss December 31, 2001       (83,991)       (83,991)

Net income for the year ended
December 31, 2001                                      -         56,249


Balance, December 31, 2001                      (111,113)     3,490,302

January 1, 2002 sale of Northwest
Medical Clinic, Inc. @ $0.40 a share                   -        (29,266)

On October 15, 2002 preferred stock
converted to common stock at 2 for
1 ratio                                                -              -

Other comprehensive loss December 31, 2002      (529,501)      (529,501)

Net loss for the year ended
December 31, 2002                                      -     (1,457,825)
                                                                      -
Balance, December 31, 2002                      (640,614)     1,473,710

Stock issued on January 24, 2003
for services rendered @ $0.20 a share                  -          5,500

Other comprehensive loss December 31, 2003       (12,471)       (12,471)

Net loss for the year ended
December 31, 2003                                      -       (684,860)

Balance, December 31, 2003                   $  (653,085)   $   781,879


                                       24
<PAGE>


                    TRIAD INDUSTRIES, INC.
            (Formerly RB Capital & Equities, Inc.)
             Consolidated Statements of Cash Flows
                                                Year Ended      Year Ended
                                                December 31,    December 31,
                                                   2003            2002
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)                                $  (684,860)   $(1,457,825)
Depreciation expense                                  13,514         31,130
(Increase) decrease in accounts
receivable                                            (5,830)     1,939,728
(Increase) decrease in advances                            -          5,815
(Increase) decrease in impound
account                                                    -            722
(Increase) decrease in escrow
account                                               10,102              -
(Increase) decrease in income
tax benefit                                          935,343        (88,016)
Increase (decrease) in
accounts payable                                      (4,631)       (48,639)
Increase (decrease) in
security deposits                                     (5,711)        (3,182)
Increase (decrease) in
taxes payable                                         (6,251)        (3,774)
Valuation of trading securities                       (7,855)             -
Increase (decrease) in
available
for sale securities                                        -       (106,366)
Net (gain) / loss on investments                       5,721         25,691
Bad debt expense                                      14,612         55,504
Common stock issued for accrued services               5,500              -
Net Cash Provided by (Used in)
Operating Activities                                 269,654        350,788
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of trading securities                      (127,352)             -
Net sale (purchase) of fixed assets                1,026,258        (28,667)
Net Cash Provided by (Used in)
Investing Activities                                 898,906        (28,667)
CASH FLOWS FROM FINANCING ACTIVITIES
Change in line of credit                              (2,684)       (23,040)
Change in loan fees                                    6,902            422
Change in loan payable                               (46,188)      (172,302)
Change in notes and
mortgages payable                                   (734,808)      (261,261)
Change in common stock                                     -            (63)
Change in preferred stock                                  -       (700,000)
Change in paid in capital                                  -        670,797
Change in assets hels for sale                             -        167,514
Net Cash Provided by (Used in)
Financing Activities                                (776,778)      (317,933)
Net Increase (Decrease) in Cash                      391,782          4,189
Cash at Beginning of Year                             19,832         15,643
Cash at End of Year                              $   411,614    $    19,832
Supplemental Cash Flow Disclosures:
Cash paid during period for interest             $    60,560    $    75,758
Cash paid during period for taxes                $              $         -
Schedule of Non-Cash Activities:
Common stock issued for accured services         $     5,500    $         -
Common stock received for services               $      -       $   150,000
Common stock retired on the sale
of Northwest Medical Clinic, Inc.                $    -         $    29,266
Loss on sale of Northwest Medical Clinic, Inc    $    -         $  1,542,394
                                                                          -




                                       25
<PAGE>


NOTE 1.  ORGANIZATION AND 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. On October 17, 1997, the Company met
to amend the Articles of Incorporation  and change the name of the Company to RB
Capital & Equities, Inc.

All stock  transactions  have been  retroactively  restated to reflect a one for
twenty reverse stock split.

On March 15, 1999, at a special meeting of the shareholders, Healthcare Resource
Management  (HRM) reversed its common stock on a one for ten (1:10) from 262,836
to 26,334 shares outstanding. Also, at the meeting of shareholders, HRM ratified
a plan of  reorganization  whereby  HRM would  acquire  100% of the  outstanding
shares of common stock of RB Capital and its  subsidiaries  (Gam  Properties and
Miramar Road  Associates)  for 23,408  shares of HRM post split common stock and
35,000 shares of $1.00 preferred  stock.  The only  significant  shareholder was
American  Health  Systems,  Inc.  who owned 18,667 of common  shares  before the
merger  and  56,000 of common  stock  after the  merger.  The  35,000  shares of
preferred  stock were  issued to  American  Health  Systems,  Inc.  for the note
payable and the 99% interest RB Capital had acquired in Miramar Road Associates.
56,000  shares of common  stock of the  253,408  shares  issued to RB  Capital &
Equities,  Inc. went to American Health Systems, Inc. in exchange for the 18,667
originally  received from RB Capital & Equities,  Inc. as consideration for 100%
of Gam Properties.  This 56,000 represents a 3 for 1 forward split of the 18,667
shares of RB Capital & Equities common stock.  The acquisition was accounted for
as a  recapitalization  of RB Capital  because the  shareholders of RB Capital &
Equities,  Inc.  controlled HRM after the acquisition.  Therefore,  RB Capital &
Equities,  Inc. was treated as the acquiring entity for accounting  purposes and
HRM was 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.

On June 30, 2000,  Triad  Industries,  Inc.  acquired  certain assets subject to
certain  liabilities of Northwest Medical Clinic,  Inc., acquired certain assets
of Amerimed of Georgia, Inc. (a Georgia Corporation) and acquired certain assets
of Florimed of Tampa, Inc. (a Florida Corporation). These certain assets subject
to the  certain  liabilities  were  combined  and put  into a newly  formed  and
capitalize  corporation  operating under the name Northwest Medical Clinic, Inc.
The  acquisition  was  recorded  as a purchase  in  accordance  with  Accounting
Principles Board Opinions No. 16 (APB No. 16).  Northwest  Medical Clinic,  Inc.
operates in the personal injury area and also performs sleep apnea procedures.


                                       26
<PAGE>



NOTE 1.  ORGANIZATION AND DESCRIPTION OF BUSINESS (CONTINUED)

On June 6, 2001 the Company issued 45,000 shares where by Triad Industries would
acquire 100% of Corporate Capital  Formation,  Inc. The acquisition was recorded
as a purchase in accordance  with  Accounting  Principles  Board Opinions No. 16
(APB No. 16).  Corporate  Capital  Formation,  Inc.  operates  in the  corporate
business consulting as well as business formation.

In October 2001, Gam Properties and Triad Industries  combined  operations.  Gam
Properties Corporation is to be dissolved.

On January 1, 2002 the Company sold  Northwest  Medical  Clinic,  Inc. for a net
loss of $1,542,394.

On July 31,  2003 the  Company  closed  escrow  on the sale of their  commercial
property located at 350 West 9th Avenue Escondido, Ca. 92025. The sales price on
the commercial property was $1,680,000 dollars with the Company netting $835,000
in proceeds.  However,  the gain on the sale of property was $573,014 before any
tax implications.

The Company has authorized 50,000,000 shares of $0.001 par value common stock.

The Company operates through its three subsidiaries:

1. RB Capital  and  Equities,  Inc.  is a financial  services  corporation  that
operates  a  merger  and  acquisition  consulting  business.  The  company  does
corporate filing and capital reorganization  business for small emerging private
and public  corporations . 2. HRM, Inc. is presently  inactive in the healthcare
industry.

3. Corporate Capital Formation,  Inc. is a financial  services  corporation that
operates a merger and acquisition consulting business.


Triad Industries, Inc. (the parent company) is now a holding company.


NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.   Accounting Method

The Company's  policy is to use the accrual  method of accounting to prepare and
present financial  statements,  which conforms to generally accepted  accounting
principles ("GAAP'). The company has elected a December 31, year end.



                                       27
<PAGE>





NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

b.       Basis of Consolidation

The consolidated  financial  statements of Triad Industries,  Inc. include those
accounts of RB Capital & Equity Inc.,  Healthcare  Resource Management Inc., and
Corporate  Capital  Formation,  Inc. Triad  Industries  owns title to all of the
assets and liabilities of the consolidated financial statement.  All significant
intercompany transactions have been eliminated.

c.   Cash Equivalents

The Company  considers  all highly liquid  investments  with a maturity of three
months or less when purchased to be cash equivalents.

d.   Estimates and Adjustments

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent  assets and  liabilities at the date of the financial  statements and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments  are normal  and  recurring.  See note 2j  regarding  the  Companies
revenue recognition policy.

e. Basis of  Presentation  and  Considerations  Related to  Continued  Existence
(going
      concern)

The Companys financial statements have been presented on the basis that it is a
going concern, which contemplates the realization of assets and the satisfaction
of liabilities in the normal course of business.

The Companys  management  intends to raise  additional  operating funds through
operations, and debt or equity offerings. Management has yet to decide what type
of offering  the Company  will use or how much  capital the Company  will raise.
There is no guarantee that the Company will be able to raise any capital through
any type of offerings.




                                       28
<PAGE>

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

f.   Accounts Receivable

          The Company  considers  accounts  receivable to be fully  collectible;
     accordingly,  no allowances for doubtful accounts are required.  If amounts
     become  uncollectable,  they  will  be  charged  to  operations  when  that
     determination is made.

g.  Concentration of Credit Risk

          The Company  maintains  credit with  various  financial  institutions.
     Management performs periodic evaluations of the relative credit standing of
     the  financial  institutions.  The Company has not  sustained  any material
     credit losses for the  instruments.  The carrying  values  reflected in the
     balance sheet at December 31, 2003  reasonable  approximate the fair values
     of  cash,  accounts  payable,  and  credit  obligations.   In  making  such
     assessment,  the  Company,  has  utilized  discounted  cash flow  analysis,
     estimated,  and quoted market  prices as  appropriate  in  accordance  with
     paragraph 9 of SFAS 107.

h.  Investments in Securities

          The Companys  marketable  securities  and  investments  in securities
     available for sale are  classified as available for sale  securities in the
     accordance  with SFAS 115. They are classified as available for sale due to
     the fact that they are not bought or held  principally  for the  purpose of
     selling them in the near term, they are not actively and frequently  bought
     and sold,  nor are they  generally  used with the  objective of  generating
     profits on short-term  differences in price.  Unrealized gains on available
     for sale securities are being classified under the requirements of SFAS No.
     130.  Under such  statement,  the Companys  securities  are required to be
     reflected at fair market value. Changes in the fair value of investments or
     valuation of securities  are  reflected in the  statement of  comprehensive
     income or (loss) in accordance with SFAS 130.

i.  Revenue Recognition and Deferred Revenue

          Revenue  includes the following:  RB Capital & Equities,  Inc. revenue
     consists of consulting  income.  Corporate  Capital  Formation Inc. revenue
     consists of consulting  income.  Corporate Capital  recognizes revenue when
     services on contracts are provided.

          RB  Capital  &  Equities,   Inc.  has  various  consulting   contracts
     outstanding  in which  the  Company  performs  a set of  various  financial
     services.  RB Capital  recognizes  revenue when  services on contracts  are
     provided.


                                       29
<PAGE>






NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

j.  Line of Credit

          The  Company  has a $50,000  line of credit.  The line of credit is an
     adjustable rate loan. The loan is open revolving line of credit, and annual
     interest terms of prime plus 3.65%. There are no restrictions on the use of
     this  line of  credit.  There is an  outstanding  balance  of  $4,354 as of
     December 31, 2003.

k.   Principles of Consolidation

          The consolidated  financial  statements  include the accounts of Triad
     Industries,  Inc., the parent Company,  Healthcare Management Resources,  a
     Nevada  corporation,  RB  Capital & Equities  Inc,  and  Corporate  Capital
     Formation Inc., a Nevada  corporation.  All  subsidiaries  are wholly owned
     subsidiaries.  All significant  intercompany balances and transactions have
     been eliminated in consolidation.

l.  Income Taxes

          The Company  accounts for income  taxes using the asset and  liability
     method.  Under the asset and liability  method,  deferred  income taxes are
     recognized for the tax consequences of temporary  differences by applying
     enacted  statutory  tax rates  applicable  to future  years to  differences
     between  the  financial  statement  carrying  amounts  and the tax bases of
     existing  assets and  liabilities.  Deferred  tax  assets are  reduced by a
     valuation  allowance when, in the opinion of management,  it is more likely
     than not that some  portion or all of the  deferred  tax assets will not be
     realized.

NEW ACCOUNTING PRONOUNCEMENTS:

          In April 2002, the Financial  Accounting  Standards  Board issued SFAS
     No. 145,  Rescission of FASB Statements No. 4, 44 and 64, Amendment of FASB
     Statement  No. 13, and  Technical  Corrections  ("SFAS  145").  Among other
     things,  SFAS 145 eliminates the requirement that gains and losses from the
     extinguishments  of debt be classified as extraordinary  items. SFAS 145 is
     effective  for  fiscal  years  beginning  after May 15,  2002,  with  early
     adoption permitted. The adoption of SFAS 145 did not have a material effect
     on the Companies consolidated financial statements.

          In June 2002, the Financial Accounting Standards Board issued SFAS No.
     146. The standard  requires  companies to recognize  costs  associated with
     exit or disposal  activities when they are incurred rather than at the date
     of a commitment to an exit or disposal  plan.  The adoption of SFAS 146 did
     not have an effect on the Companies consolidated financial statements.


                                       30
<PAGE>




NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

NEW ACCOUNTING PRONOUNCEMENTS:

          In October 2002, the Financial  Accounting Standards Board issued SFAS
     No. 147,  Acquisitions of Certain Financial Institutions  an amendment of
     FASB  Statements  No. 72 and 144 and FASB  interpretation  No. 9. SFAS 147
     removes  acquisitions  of  financial  institutions  from the  scope of both
     Statement 72 and  interpretation 9 and requires that those  transactions be
     accounted  for  in  accordance  with  FASB  Statements  No.  141,  Business
     Combinations,  and No. 142 Goodwill and Other Intangible Assets.  Thus, the
     requirement in paragraph 5 of Statement 72 to recognize  (and  subsequently
     amortize) any excess of the fair value of liabilities assumed over the fair
     value  of  tangible  and  identifiable  intangible  assets  acquired  as an
     unidentifiable  intangible  asset no longer applies to acquisitions  within
     the scope of this  Statement.  In  addition,  this  Statement  amends  FASB
     Statement No. 144,  Accounting for the Impairment or Disposal of Long-Lived
     Assets, to include in its scope long-term customer-relationship  intangible
     assets  of  financial   institutions   such  as   depositor   and  borrower
     relationship  intangible  assets and credit cardholder  intangible  assets.
     Consequently,  those intangible assets are subject to the same undiscounted
     cash  flow   recoverability   test  and  impairment  loss  recognition  and
     measurement  provisions  that  Statement 144 requires for other  long-lived
     assets that are held and used.  SFAS 147 is effective  October 1, 2002. The
     adoption of SFAS 147 did not have an effect on the  Companies  consolidated
     financial statements.

          In December 2002, the Financial Accounting Standards Board issued SFAS
     No.  148,  Accounting  for  Stock-Based   Compensation    Transition  and
     Disclosure  (SFAS  148).  SFAS 148  amends  SFAS No. 123 Accounting  for
     Stock-Based  compensation  (SFAS 123), to provide  alternative  methods of
     transition  for a  voluntary  change  to the fair  value  based  method  of
     accounting for stock-based  employee  compensation.  In addition,  SFAS 148
     amends  the  disclosure  requirements  of  SFAS  123 to  require  prominent
     disclosures  in both  annual and  interim  financial  statements  about the
     method of accounting for stock-based  employee  compensation and the effect
     of the method used on reported  results.  SFAS 148 is effective  for fiscal
     years beginning after December 15, 2002. The interim disclosure  provisions
     are effective for financial  reports  containing  financial  statements for
     interim periods beginning after December 15, 2002. The adoption of SFAS 148
     did not have an effect on the Companies consolidated financial statements.


                                       31
<PAGE>











NOTE 3. PROPERTY & EQUIPMENT

          Property is stated at cost. Additions,  renovations,  and improvements
     are capitalized.  Maintenance and repairs, which do not extend asset lives,
     are expensed as incurred. Depreciation is provided on a straight-line basis
     over the  estimated  useful lives  ranging  from 27.5 years for  commercial
     rental  properties,  5 years for  tenant  improvements,  and 5 - 7 years on
     furniture and equipment.

                                                 December 31,     December 31,
                                                      2003             2002

                                                 -----------        -----------
Land .....................................       $   300,000
                                                                    $         0
Buildings
                                                           0            770,000
Equipment ................................             1,900
                                                                            811
Computer .................................            20,438
                                                                         20,438
Furniture ................................            16,188
                                                                         16,688
Tenant Improvements ......................            34,597
                                                                              0
                                                 -----------        -----------
                                                 -----------        -----------
                                                 $    37,937        $ 1,143,123

Less Accumulated Depreciation ............            (2,809)           (68,223)
                                                 -----------        -----------
Net Property and Equipment ...............       $    35,128        $ 1,074,900
                                                 ===========        ===========

On July 31, 2003 the Company sold their commercial  property located at 350 West
9th Avenue Escondido,  Ca. 92025. The sales price on the commercial property was
$1,680,000 dollars with the Company netting $835,000 in proceeds.


NOTE 4.  OPERATING LEASE

Triad  Industries,  Inc. (the parent Company) and Corporate  Capital  Formation,
Inc.  operate its facilities  under an operating  lease agreement with unrelated
parties. The base rent for Triad Industries,  Inc. is $1,175 per month. The Base
rent for Corporate Capital Formation,  Inc. is $500 per month. Triad Industries,
Inc. has seven months  remaining on the current lease  agreement  that ends July
31, 2004.  Corporate Capital Formation,  Inc. is on a month to month basis. Rent
expense for 2004 was $17,689.

The Company has the following lease obligation:

                                                                Year Ending
                                                                    2004
                                                           ---------------------
                                                                      8,225
                                                                 ---------------
                                                                 ---------------
                                                                      $8,225
                                                                 ===============

                                       32
<PAGE>









NOTE 5. BASIC & DILUTED INCOME / (LOSS) PER COMMON SHARE

Basic gain (loss) per common  share has been  calculated  based on the  weighted
average number of shares of common stock outstanding during the period.  Diluted
gain (loss) per common share has been calculated  based on the weighted  average
number of shares of common and preferred  stock  outstanding  during the period.
The  variance  between  basic and diluted  weighted  average is the  addition of
preferred stock in the calculation of diluted weighted average per share.

                                                    December 31,    December 31,
                                                        2003            2002


Net income (loss) from operations                    $  (684,8$          84,569
Net income (loss) from discontinued operations        (1,542,394)
                                                                              -

Basic Income (Loss) Per Share
From continuing operations                           $     (1.29)   $      0.19

From discontinued operations                                   -          (3.44)


Basic income / (loss) per share - combined           $     (1.29)   $     (3.25)




Weighed average number of shares outstanding             530,567        448,702

                                                    December 31,   December 31,
                                                        2003            2002

Net income (loss) from operations                      $    (684,860)  $  84,569
Net income (loss) from discontinued operations                  -    (1,542,394)


Diluted Income (Loss) Per Share
From continuing operations                             $    (1.26)$      0.16

From discontinued operations                                   -         (2.93)
                                                       $     (1.26)$     (2.77)

Diluted weighed average number of shares outstanding         545,567    526,222
                                                       =

As of December 31, 2003 there have not been any preferred  dividends issued that
would reduce earnings available to common shareholders.






                                       33
<PAGE>







NOTE 6. INCOME TAXES

          Income taxes are provided in  accordance  with  Statement of Financial
     Accounting  Standards No. 109 (SFAS 109),  Accounting  for Income Taxes.  A
     deferred tax asset or liability is recorded for all  temporary  differences
     between  financial and tax reporting and net operating  loss  carryfowards.
     Deferred tax expense  (benefit) results from the net change during the year
     of deferred tax assets and liabilities.

At December 31, 2003 the Company has  significant  operating and capital  losses
carryfoward.  The tax benefits resulting for the purposes have been estimated as
follows:

                                         December 31, 2003


Beg. Retained Earnings                       $(3,087,420)
Net Income (Loss) for Year ended 12/31/03       (697,331)
                              --------------------------
                              --------------------------
Ending Retained Earnings                     $(3,784,751)

Gross income tax benefit                     $ 1,286,815
Valuation allowance                           (1,286,815)
                              --------------------------
                              --------------------------
Net income tax benefit
                                         $             -
                              ==========================

          The net operating loss expires twenty years from the date the loss was
     incurred.  The retained earning balance includes accumulated  comprehensive
     income  (loss).  In  accordance  with SFAS 109 paragraph 18 the Company has
     reduced its  deferred  tax benefit  asset by a valuation  allowance  due to
     negative  evidence  that has caused the  Company to feel it is more  likely
     than not that some  portion  or all of the  deferred  tax asset will not be
     realized. No portion of the valuation allowance will be allocated to reduce
     goodwill or other noncurrent  intangible asset of an acquired entity. There
     are no  temporary  differences  or  carryforward  tax  effects  that  would
     significantly effect the Companies deferred tax asset.

          Utilization of the net operating losses and credit  carryforwards  may
     be  subject  to a  substantial  annual  limitation  due to the  change  in
     ownership  provisions  of the Internal  Revenue  Code of 1986.  The annual
     limitation may result in the expiration of net operating losses and credits
     before  utilization.   None  of  the  valuation  allowance  recognized  was
     allocated to reduce goodwill or other  noncurrent  intangible  assets of an
     acquired entity or directly to contributed capital.



                                       34
<PAGE>








NOTE 7.  ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

                                                              Accumulated other
                               Unrealized gain (loss) on    comprehensive income
                                      securities                    (loss)

Beginning balance                                $      (0)   $(640,614)

Current-period change                              (12,471)     (12,471)

Ending Balance                                    $ (12,471)   $(653,085)


          Accumulated  other  comprehensive  income  (loss) has been reported in
     accordance with FASB 130 paragraph 26.


NOTE 8.  AVAILABLE FOR SALE SECURITIES

          At December 31, 2003, the Company held  available for sale  securities
     of the following companies:

                             Trading   Trading  Number of  Mkt. Price     FMV
                             Symbol    Market    Shares  At Year End At Year End

Atlantic Syndication          asni      otc         11,000    0.040      440
American Steller Energy       amrs      pink        285,000   0.040   11,400
Diversified Thermal S.        dvts      otc          7,500    0.150    1,125
Komodo, Inc.                  kmdo      otc            668    0.125      835
Nicholas Inv.                 nivi      otc        138,383    0.200   27,677
Oasis Infor. Systems, Inc.    ossi      otc        769,817    0.040   30,792
Millenium Plastics            mpco      pink        30,000    0.010       30
Global Energy, Inc.           geng      otc          5,000    0.230      650

--------------------------------------------------------------------------
              Total                                                $  72,949
=============================================================================


          The  Company  is in  accordance  with  SFAS  130  when  reporting  the
     unrealized gains and losses of available for sale securities. All gains and
     losses are reported in the  statement  of  comprehensive  income  (loss) as
     unrealized gains or (losses). Available for sale securities are reported at
     market value as of December 31, 2003 in accordance with SFAS 115.


                                       35
<PAGE>







NOTE 9.  TRADING SECURITIES

          At December 31,  2003,  the Company  held  trading  securities  in the
     following companies:

                 Number of     Value Price      FMV
                   Shares      At Year End    t Year End


American Online        200           17.99  3,598
Anheuser Busch         100           52.68  5,268
Cisco                  100           24.23  2,423
Citibank               100           48.54  4,854
Coca Cola              100           21.87  2,187
Corinthian             100           55.51  5,551
Cypress                200           21.36  4,272
Dell                   100           33.98  3,398
Dow Chemical           100           41.57  4,157
Ebay                   100           64.61  6,461
Flowserve              100           20.88  2,088
General Electric       100           30.98  3,098
General Electric       100           26.12  2,612
Harley Davidson        100           47.53  4,753
Home Depot             100           35.49  3,549
IGN                    100           27.61  2,761
Intel Corp.            200           32.05  6,410
ISHARES                300            9.64  2,892
Lowes                  100           55.39  5,539
Michaels               100           44.20  4,420
Microsoft              100           27.37  2,737
Newmont                100           48.61  4,861
Nike                   100           68.46  6,846
Nokia                  100           17.00  1,700
Pepsi                  100           46.62  4,662
Pfizer                 100           35.33  3,533
Proctor & Gamble       100           99.88  9,988
US Bank                100           29.78  2,978
Viasat                 100           19.14  1,914
Walmart                100           53.05  5,305
Wells Fargo            100           58.89  5,889
Yahoo                  100           45.03  4,503





                                       36
<PAGE>


-------------------------------------------------
Total                              $      135,207
=================================================

          In accordance with SFAS 115 the Company records  unrealized  gains and
     losses for trading  securities  in the  statement of  operations.  Also, in
     accordance with SFAS 115 the Companys  trading  securities are reported at
     market value as of December 31, 2003.


NOTE 10.  INVESTMENTS IN OTHER COMPANIES

At December 31, 2003, the Company held investments in the following companies:

                                   Number of        Value Price           FMV
                                     Shares         At Year End     At Year End

Advanced Interactive Inc.                  5,125             0.97    4,979
American Eagle Financial                  55,000             0.10    5,500
Atlantic & Pacific Guarantee           1,000,000             0.01   18,000
Blue Gold                                125,000             0.01      125
Carrara                                  325,000             0.00      371
Escondido Capital                        629,810             0.06   41,041
International Sports Marketing, Inc.     100,000             0.01    1,000
Love Calendar (Nevada)                   100,000             0.01    1,000
Love Calendar (Utah)                      25,000             1.00   25,000
Love Concepts                            100,000             0.01    1,000
Noble Onie                                25,000             0.10    2,500
Quantum Companies                        110,000             0.01    2,621
Resume Junction                           20,000             0.10    2,000
Spa International                        245,146             0.00        0
Sterling Electronic Commerce             300,000             0.05   15,000
The Shops Network                          5,000             0.10      500
Thunder Mountain                         100,000             0.01    1,000
Trans Pacific Group                      100,000             0.01    1,000

--------------------------------------------------------------------------
Total                                                          $ 122,637
==========================================================================


          The  Company  owns  less than 5% in each of these  companies  with the
     exception of Quantum Companies. Quantum Companies is recorded on the equity
     method.   The  Company  records  unrealized  gains  or  losses  of  Quantum
     securities   in  their   statement  of   operations.   The   companies  are
     nonmarketable  equities  and are  recorded  at cost.  The  Company  records
     unrealized  holding  gains and loss  (with the  exception  of  Quantum)  in
     accordance with paragraph 26 of SFAS 130.





                                       37
<PAGE>







NOTE 11.  OPERATING SEGMENTS

or the Year Ended 2003             Triad        RB Capital &   Corporate Capital
                              Industries, Inc.  Equities, Inc.   Formation, Inc.

                  ------------------------------------------------------------

Total Revenue                     $  88,291    $ 125,766    $  13,114
Costs of Revenues                   (64,007)     (53,700)      (4,834)
                  ------------------------------------------------------------
                  -----------------------------------------------------------

Gross Profit                         24,284       72,066        8,281
Total Operating Costs              (161,777)    (232,167)     (24,337)
                  ------------------------------------------------------------
                  ------------------------------------------------------------

Operating income (loss)            (137,493)    (160,101)     (16,056)

Total other income & (expenses)    (356,996)     (14,224)           8

                  -------------------------------------------------------------
                  ------------------------------------------------------------
Income (loss) before income tax
and extraordinary items           $(494,489)   $(174,325)   $ (16,046)
                  ============================================================



  For the Year Ended 2002          Triad        RB Capital &   Corporate Capital
                               Industries, Inc. Equities, Inc.  Formation, Inc.


Total Revenue                     $ 185,902    $ 400,645    $  64,760
Costs of Revenues                   (46,646)      (1,885)
                                                                   (0)
                  ------------------------------------------------------------
                  ------------------------------------------------------------

Gross Profit                        185,902      353,999       62,876
Total Operating Costs              (218,811)    (192,153)     (78,338)
                  ------------------------------------------------------------
                  ------------------------------------------------------------

Operating income (loss)             (32,909)     161,846      (15,462)

Total other income & (expenses)     (36,957)     (41,827)     137,893

                  -------------------------------------------------------------
                  ------------------------------------------------------------
Income (loss) before income tax
and extraordinary items           $ (69,866)   $ 120,019    $ 122,430
                  =============================================================
                  =============================================================

                                       38
<PAGE>


          In accordance  with FASB 131 paragraph 18 the Company is reporting the
     information  of  their  operating   segments  that  meet  the  quantitative
     thresholds.







NOTE 12.  ACQUISITIONS

          All stock transactions have been  retroactively  restated to reflect a
     one for twenty reverse stock split.

          On May 27, 2001, Triad Industries, Inc. acquired the assets subject to
     the liabilities of Corporate  Capital  Formation,  Inc. The acquisition was
     recorded as a purchase  in  accordance  with  Accounting  Principles  Board
     Opinions No. 16 (APB No. 16). Corporate Capital Formation, Inc. operates in
     the corporate business consulting as well as business formation. There were
     no  significant  assets or  liabilities  acquired  from  Corporate  Capital
     Formation,  Inc.  Triad  Industries,  Inc. will acquired 100% of the equity
     interest of from  Corporate  Capital  Formation,  Inc. in return for voting
     common stock, and that from Corporate Capital Formation, Inc. will become a
     wholly owned  subsidiary of Triad  Industries,  Inc. As per agreement Triad
     Industries,  issued  45,000  shares of common stock on June 6, 2001 for the
     purchase of Corporate  Capital  Formation,  Inc. All shares  issued for the
     acquisition  of  Corporate  Capital  Formation,  Inc.  was valued at market
     price.

          The  operating  results of the  acquired  entities are included in the
     Companys consolidated financial statements from the date of acquisition.


NOTE 13.  STOCK TRANSACTIONS

          Transactions,  other than employees stock issuance, are in accordance
     with paragraph 8 of SFAS 123. Thus  issuances  shall be accounted for based
     on  the  fair  value  of  the  consideration  received.  Transactions  with
     employees stock issuance are in accordance with paragraphs (16-44) of SFAS
     123. These  issuances shall be accounted for based on the fair value of the
     consideration  received or the fair value of the equity instruments issued,
     or whichever is more readily determinable.

          On January 15, 2001 the Company  issued  2,500  shares of common stock
     for consulting fees valued at $3.40 per share.

          On January 18, 2001 the Company  issued  7,238  shares of common stock
     for management fees valued at $4.19 per share.

          On February  21, 2001 the Company  issued 1,255 shares of common stock
     to its president for services rendered valued at $2.98 per share.


                                       39
<PAGE>


          On March 1, 2001 the  Company  issued  35,000  shares of common  stock
     under the employee stock option plan valued at $ 3.40 per share.

          On June 6, 2001 the Company  issued  45,000 shares of common stock for
     the purchase of Corporate Capital Formation Inc. valued at $2.13 per share.



NOTE 13.  STOCK TRANSACTIONS (CONTINUED)

          On June 22, 2001 the Company  issued  18,000 shares of common stock to
     Directors for services rendered valued at $0.60 per share.

          On October 1, 2001 the Company rescinded the March 1, 2001 issuance of
     35,000 shares of common stock.

          On January 1, 2002 the Company  cancelled the stock issuance of 73,165
     shares of common stock issued in the purchase of Northwest  Medical Clinic,
     Inc.

          On October  15,  2002 the Company  converted  35,000 of its  preferred
     stock to 70,000 shares of common stock.

          On January 24, 2003 the Company  issued  27,500 shares of common stock
     for services valued at $0.20 a share.

          As of December 31, 2003 the Company had 532,300 shares of common stock
     issued and outstanding.


NOTE 14.  STOCKHOLDERS EQUITY

          The stockholders  equity section of the Company contains the following
     classes of capital stock as of December 31, 2003.

          (A) Preferred stock,  nonvoting,  $ 1.00 par value;  10,000,000 shares
     authorized; 7,500 shares issued and outstanding.

          (B) Common stock,  $ 0.001 par value;  50,000,000  shares  authorized;
     532,300 shares issued and outstanding as of December 31, 2003.

          The  holders of  preferred  stock are  entitled  to receive  dividends
     calculated  using an  Available  Cash Flow  formula as  prescribed by the
     Certificate  of  Designation  of Preferred  Stock.  There have not been any
     dividends declared as of December 31, 2003.



                                       40
<PAGE>

          The preferred stock is (1)  non-voting;  (2) convertible at the second
     anniversary  from issuance on a two for on (2:1) basis to common stock; (3)
     has a  preference  over  common  stock  to be paid  $1.00  per  share  as a
     preferential liquidation.









NOTE 15.  ISSUANCE OF SHARES FOR SERVICES  STOCK OPTIONS

          The company has a nonqualified  stock option plan,  which provides for
     the granting of options to key employees,  consultants,  and  nonemployees
     directors of the Company.  These  issuances shall be accounted for based on
     the  fair  value of the  consideration  received  or the fair  value of the
     equity instruments issued, or whichever is more readily  determinable.  The
     Company has elected to account for the stock option plan in accordance with
     paragraph  30 of SFAS 123 were the  compensation  to  employees  should  be
     recognized  over the period(s) in which the related  employee  services are
     rendered.  In accordance  with paragraph 19 of SFAS 123 the fair value of a
     stock option granted is estimated using an option-pricing model.

As of December 31, 2003 there were no stock options issued or outstanding.


                                       41
<PAGE>



                                ARMANDO C. IBARRA
                          Certified Public Accountants
                           A Professional Corporation


Armando C. Ibarra, C.P.A.
Armando Ibarra, Jr., C.P.A., JD




March 24, 2004

To the Board of Directors
Triad Industries, Inc.
(Formerly RB Capital & Equities, Inc.)
350 West 9th Avenue., Suite A
Escondido, CA  92025


Re: Triad Industries, Inc.

          The firm of  Armando  C.  Ibarra,  Certified  Public  Accountant,  APC
     consents to the  inclusion of my report of March 19,  2004,  on the audited
     financial statements of Triad Industries, Inc., as of December 31, 2003, in
     any  filings  that are  necessary  now or in the near  future with the U.S.
     Securities and Exchange Commission.


Sincerely,


_________________________
ARMANDO IBARRA, C.P.A.




                                       42
<PAGE>


















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  Companies
knowledge  as of December 31, 2003,  with  respect to each  director,  officers,
management  as a  group  and  principal  shareholders  of  the  Issuer  who  are
shareholders  of  record  or own  beneficially,  5% or more of any  class of the
corporations  common stock.  As of December 31, 2003 there were 532,300  shares
outstanding.

                                           Title of     Amount
Name                      Position           Class     of Shares      Percentage

Linda Bryson,             President /       Common      41,167(D)      8%
9980 Scripps Vista Way    Director                      28,903 (I)**   5%
# 96
San Diego, CA 92131

Michael Kelleher          Secretary        Common       34,438(D)      7%
350 West Ninth Ave, #204  Director                      28,903(I)**    5%
Temecula, CA 9259

Roger Coleman Jr.*         Director          Common      2,500(D)       4%
2175 Zion Park Blvd                                     22,500(I)       1%
Springdale, UT 84747

Management as a Group Directly                           78,105         15%
                          Indirectly                     51,403         10%


Others owning more than 5%

Escondido Capital, Inc**                     Common      28,903          5%
PO Box 506748
San Diego, CA 92150


               The above percentages are based on 532,300 shares of common stock
          outstanding on December 31, 2003.


                                       43
<PAGE>


*Mr.  Coleman is the  President of Coleman  Capital  that owns 22,500  shares of
common stock of Triad Industries, Inc.

** Ms.  Bryson and Mr.  Kelleher are both  officers  and  directors of Escondido
Capital,  Inc. which holds 28,903 shares or 5% of Triad Industries,  Inc. common
stock.

All directors hold office until the next annual meeting of stockholders or 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. 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  provide  their 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, 45, President / Director

From 1996 to 2002, Ms. Bryson was the President of RB Capital & Equities,  Inc.,
a  corporation  in the  financial  services  field,  which  is  owned  by  Triad
Industries,  Inc.  Currently,  she is now the Vice  President  of RB  Capital  &
Equities,  Inc.  She has served on the board of Spa  International,  Inc. and is
currently the President of Escondido Capital Inc.

         Michael W. Kelleher, 29, Treasurer/ CFO/ Director

Mr.  Kelleher  received  his B.S.  degree in  accounting  from San  Diego  State
University.  He  is  currently  the  President  of  RB  Capital  &  Equities,  a
corporation in the financial services field, which is owned by Triad Industries,
Inc.

         Roger Coleman Jr., 51, Director

Mr. Coleman has spent the last twenty - five years in the construction business,
framing,  finishing  and  remodeling.  He also  built,  opened  and  sold  three
restaurants in the Salt Lake City area of Utah. Mr. Coleman  established two Bed
and Breakfast Inns in Springdale, Utah and currently resides in Springdale, Utah
with his wife. Mr. Coleman holds a B.A. from the University of Utah and a M.B.A.
from the University of Phoenix.



                                       44
<PAGE>


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, 2003 in
compliance  to 16(a).  The  officers and  directors  of the Company  filed these
reports in February of 2004, in compliance with 16(a) of the exchange act.

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, 2003.


Restricted

Stock
Name                           Year         Salary       Bonus          Awards


Linda Bryson, President        2003         54,000      41,000          2,500*
Director                       2002         48,000       1,500          2,500

Michael Kelleher, Treas.       2003        55,920       31,000         2,500*
Director                       2002        48,000        1,500           2,500


Roger Coleman Jr.**            2003            -           -              500*
Director                       2002            -           -              500


*Directors  received $500 to be a director for the year ended December 31, 2003.
The amount was accrued on the Companys books at year - end and subsequently was
retired via a common  stock  issuance of 4,167 shares of common stock at $.12 to
each director.

*Officers  received $2000 to be a director for the year ended December 31, 2003.
The amount was accrued on the Companys books at year - end and subsequently was
retired via a common stock  issuance of 16,667 shares of common stock at $.12 to
each officer.

** Mr. Coleman was appointed as a Director, to fill a vacancy in early 2002.

*Miss.  Bryson  received  $2,500 in  restricted  stock awards for the year ended
December 31, 2003. $500 was for director fees and $2000 in stock for services.



                                       45
<PAGE>


*Mr.  Kelleher  received  $2,500 in  restricted  stock awards for the year ended
December 31, 2003. $500 was for director fees and $2,000 in stock for services.

*Mr.  Coleman received $500 in restricted stock awards for director fees for the
year ended December 31, 2003.

Item 11.  Security Ownership of Beneficial Owners and Management

The following table sets forth, as of December 31, 2003*, 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
Escondido Capital, Inc.**   28,903        5%(I)
Linda Bryson*/**            41,167        8%(II)
Michael Kelleher */**       34,438        7%(II)
Roger Coleman Jr.*          25,000        5%(II)

Management as a Group Directly 78,105 15%(III)  Indirectly  51,403 10%(III) *the
above  table does not  include the stock that was issued in 2004 for officer and
director fees that were accrued on the Companys books as of December 31,2003.

** Ms.  Bryson and Mr.  Kelleher are both  officers  and  directors of Escondido
Capital, Inc.

Item 12.  Certain Relationships and Related Transactions


On January  15,  2001,  the Company  issued  2,500  shares of common  stock to 5
employees of Northwest  Medical  Clinic  under the  Companys  Gross Annual Wage
Bonus Plan at $3.40 per share, for total consideration of $4,320.

On January 18,  2001,  the Company  issued 7,238 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 $4.19 per share.

On February  21,  2001,  the Company  issued  1,255 shares of common stock to an
employee for  services  rendered at $2.98 per share and total  consideration  of
$3,740.



                                       46
<PAGE>

On March 1,  2001,  the  Company  issued  35,000  shares to  management  and key
employees  under the Companys  employee  stock  options  plan.  The shares were
issued at $3.40 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 45,000 shares of common stock at $2.13 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 18,000 shares of common stock  collectively
to directors for services  rendered at $.60 per share for  consideration  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 35,000 shares that were issued were  cancelled
and the stock subscription receivable was retired.

On,  January 24, 2003 the company  issued  27,500 shares of common stock at $.20
per share to retire the accrued  directors  and officers fees for the year ended
December 31, 2002.

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

99.1             Section 906 Certification of Linda Bryson
99.2             Section 906 Certification of Michael Kelleher


Item14. Controls and Procedures

We have  instituted  disclosure  controls and procedures  designed to ensure the
timely  recording,  processing,  summarization  and reporting to our management,
including our Chief Executive Officer,  of information  required to be disclosed
in our  reports  under the  Securities  Exchange  Act of 1934,  as amended  (the
"Exchange  Act").  Within the 90 days prior to the  filing  date of this  Annual
Report on Form 10-KSB,  we have performed an evaluation of the  effectiveness of
the design and operation of these  controls under the  supervision  and with the
participation of our management,  including our Chief Executive  Officer.  Based
upon that  evaluation,  the  Chief  Executive  Officer  has  concluded  that the
disclosure  controls and  procedures  effectively  alert  management to material
information  related to the Company in a manner  which allows  timely  decisions
regarding required disclosures of such information. In the design and evaluation
of our disclosure controls and procedures,  management has recognized that risks
of misstatements due to error, failures in compliance,  or changes in conditions
are inherent in any cost-effective control

                                       47
<PAGE>



system. Thus, management can provide only reasonable assurance that its controls
and  procedures  will  achieve  their stated  goals under all  potential  future
conditions.  There have been no significant  changes in our internal controls or
in other factors that could  significantly  affect these controls  subsequent to
the date of management's evaluation.









                                       48
<PAGE>









                                     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                        3/24/2004
Linda Bryson


/s/ Michael Kelleher              Sec. / Treas. / CFO                3/24/2004
Michael W. Kelleher








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