SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-KSB


[X] Annual  report under Section 13 or 15(d) of the  Securities  Exchange Act of
1934 for the annual period ended December 31, 2001

[ ] Transition  report under Section 13 or 15(d) of the Securities  Exchange Act
of 1934 for the transition period from ------------ to --------------


                       Commission file number: 000-30516

                                  ARBOR, INC.
                     --------------------------------------
       (Exact name of small business issuer as specified in its charter)

          Nevada
(State or other jurisdiction of                        88-0448920
 incorporation or organization)            (I.R.S. Employer Identification No.)


                          28 Lavalencia Garden, N.E.,
                              Calgary, AB T1Y 6P4
                   ------------------------------------------
               (Address of principal executive office) (Zip Code)

                                 (403) 720-0613
                             ----------------------
                          (Issuer's telephone number)


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

Yes XX  No -----

As of December 31, 2001,  the  Registrant had  outstanding  7,848,000  shares of
common stock, par value $0.001.

                                       1
<PAGE>


                               TABLE OF CONTENTS


Part I                                                                      PAGE

                                   ARBOR, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                        TABLE OF CONTENTS


Part I  Financial Information                                               Page

Item 1. Financial Statements:

        Auditor's Report                                                       3

        Condensed Balance Sheets                                               4

        Condensed Statements of Operations                                     5

        Condensed Statements of Cash Flows                                     6

        Statement of Changes in Stockholders' equity                           7

        Notes to Financial Statements                                        8-9

Item 2. Plan of operation                                                      9

Part II - Other Information

  Item 1. Legal Proceedings                                                   10

  Item 2. Changes in Securities                                               10

  Item 6. Exhibits and Reports on Form                                        10

Signatures                                                                    10



                                       2
<PAGE>


Part I  Financial Information

                          INDEPENDENT AUDITOR'S REPORT

To the Board of Directors and Stockholders
Arbor, Inc.
Calgary, Alberta, Canada

We have  audited  the  accompanying  balance  sheet of  Arbor,  Inc.  (a  Nevada
corporation in the  development  stage) as of December 31, 2001, and the related
statements of operations,  changes in stockholders'  equity,  and cash flows for
each of the years in the two year period then ended. These financial  statements
are the  responsibility of the Company's  management.  Our  responsibility is to
express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the  United  States of  America.  Those  standards  require  that we plan and
perform the audits 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  audits  provide  a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material  respects,  the financial  position of Arbor,  Inc. at December 31,
2001, and the results of its operations and its cash flows for each of the years
in the two year  period  then ended in  conformity  with  accounting  principles
generally accepted in the United States of America.

The accompanying  financial  statements have been prepared  assuming the Company
will  continue  as a going  concern.  As  discussed  in Note 1 to the  financial
statements,  the  Company  is in the  development  stage  and has not  commenced
operations.  Its ability to continue as a going  concern is  dependent  upon its
ability to develop  additional  sources of capital,  and/or  achieve  profitable
operations.  These  conditions  raise  substantial  doubt  about its  ability to
continue  as a going  concern.  The  financial  statements  do not  include  any
adjustments that might result from the outcome of these uncertainties.


Braverman & Company, P.C.
Prescott, Arizona
January 22, 2002

                                       3
<PAGE>



                                   ARBOR, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                                December 31, 2001
<TABLE>
<CAPTION>





                                     ASSETS
<S>                                                           <C>
CURRENT ASSETS                                         $          -
                                                       ------------

                                                       $          -
                                                       ============



                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
    Accounts payable                                   $      1,255
    Officer advance                                           1,000
                                                       ------------
    Total current liabilities                                 2,255
                                                       ------------
COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY
    Common stock, par value $.001, 25,000,000
      shares authorized, 7,848,000 issued and
      outstanding                                             7,848
    Paid-in capital                                         122,952
    Contributed capital                                     102,319
   (Deficit) accumulated during the development stage      (235,374)
                                                       ------------
           Total Stockholders' Equity                        (2,255)
                                                       ------------
                                                       $          -
                                                       ============


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS



                                       4
<PAGE>

</TABLE>


                                  ARBOR, INC.
                         (A DEVELOPMENT STAGE COMPANY)
                       CONDENSED STATEMENTS OF OPERATIONS
                                  (UNAUDITED)

<TABLE>
<CAPTION>

                                                                     Cummulative
                                                                   From February 25,
                                                                        1999
                                                                     (Inception)
                                                                          to
                                            Year Ended December 31,  December 31,
                                               2001        2000         2001
                                            ----------- ----------- ------------
                                                                    (unaudited)
<S>                                              <C>        <C>         <C>

REVENUE                                     $         - $         - $          -
                                            ----------- ----------- ------------

EXPENSES
General and adminstrative                        24,321     101,549      235,374
                                            ----------- ----------- ------------
TOTAL EXPENSES                                   24,321     101,549     235,374
                                            ----------- ----------- ------------
NET (LOSS)                                  $   (24,321)$  (101,549)$   (235,374)
                                            =========== =========== ============
NET (LOSS) PER COMMON SHARE-BASIC                *      $     (0.01)
                                            =========== ===========
WEIGHTED AVERAGE NUMBER
OF COMMON SHARES OUTSTANDING                  7,848,000   7,848,000
                                            =========== ===========
* Less than $.01 per share

</TABLE>

                 SEE ACCCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       5
<PAGE>

                                   ARBOR, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                            STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>

                                                                                 Cummulative
                                                                              From February 25,
                                                                                     1999
                                                                                  (Inception)
                                                                                      to
                                                        Year Ended December 31,  December 31,
                                                           2001         2000         2001
                                                        ----------- ------------ ------------
                                                                                 (unaudited)
 <S>                                                        <C>         <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES
    Net (loss) from operations                          $   (24,321) $  (101,549)$   (235,374)
    Contributed services                                     19,101       83,218      102,319
    Issuance of common stock for services                                              60,000
    Increase (decrease) in cash
       resulting from changes in:
       Accounts payable                                      (1,326)       3,581        2,255
                                                        ----------- ------------ ------------
NET CASH USED BY OPERATING ACTIVITIES                        (6,546)     (14,750)     (70,800)
                                                        ----------- ------------ ------------

CASH FLOWS FROM FINANCING ACTIVITIES

    Proceeds from sale of common stock                            -            -       70,800
                                                        ----------- ------------ ------------
      NET CASH PROVIDED BY FINANCING ACTIVITIES                   -            -       70,800
                                                        ----------- ------------ ------------
      NET INCREASE IN CASH                                   (6,546)     (14,750)           -

      CASH, BEGINNING OF PERIOD                               6,546       21,296            -
                                                        ----------- ------------ ------------
      CASH, END OF PERIOD                               $         - $      6,546 $          -
                                                        =========== ============ ============


</TABLE>


                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       6
<PAGE>

                                   ARBOR, INC.
                         (A DEVELOPMENT STAGE COMPANY)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY
<TABLE>
<CAPTION>


                                                                                               (Deficit)
                                                                                              Accumulated
                                                                                              During the
                                              Common Stock             Paid-in  Contributed   Development
                                           Shares          Amount      Capital      Capital      Stage         Total
                                         ----------    ----------   ----------   ----------   ----------- ----------
<S>                                            <C>          <C>          <C>          <C>         <C>           <C>
Balances, at inception                            -   $         -   $        -   $        -   $         -  $       -
  Issuance of stock
  For services @ $.05 per share           1,200,000         1,200       58,800                                60,000
  For cash @ $.05 per share               1,416,000         1,416       69,384                                70,800
  Net (loss)                                                                                     (109,504)  (109,504)
                                         ----------    ----------   ----------   ----------   ----------- ----------
Balances, December 31, 1999               2,616,000         2,616      128,184            -      (109,504)    21,296
  Contributed capital                                                                83,218                   83,218
  Net (loss)                                                                                     (101,549)  (101,549)
                                         ----------    ----------   ----------   ----------   ----------- ----------
Balances, December 31, 2000               2,616,000         2,616      128,184       83,218      (211,053)     2,965
  Contributed capital                                                                19,101                   19,101
  Stock split, 3 for 1                    5,232,000         5,232       (5,232)                                    -
  Net (loss)                                                                                      (24,321)   (24,321)
                                         ----------    ----------   ----------   ----------   ----------- ----------
Balances, December 31, 2001               7,848,000  $      7,848   $  122,952   $  102,319   $  (235,374) $  (2,255)
                                         ==========    ==========   ==========   ==========    =========== ==========

</TABLE>

                 SEE ACCOMPANYING NOTES TO FINANCIAL STATEMENTS


                                       7
<PAGE>


                                   ARBOR, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                DECEMBER 31, 2001

NOTE 1 - THE COMPANY AND ITS SIGNIFICANT ACCOUNTING POLICIES

Arbor, Inc. (the Company) was organized February 25, 1999, under the laws of the
State of Nevada, as originally E Investments,  Inc. The Company currently has no
revenue or  operations  and,  in  accordance  with SFAS No.7,  is  considered  a
development stage company. The fiscal year end of the Company is December 31.

Estimates

The  preparation  of  Financial   Statements,   in  conformity  with  accounting
principles  generally  accepted  in  the  United  States  of  America,  requires
management to make estimates and assumptions  which 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 revenue and
expenses  during the reporting  period.  Actual  results could differ from those
estimates.

Cash and Equivalents

During all of 2000 and the majority of time in 2001, the Company maintained,  in
United States  dollars,  a foreign bank account which had no Federal  insurance.
All highly liquid  investments,  with the maturity of three months or less,  are
considered to be cash  equivalents.  There are no cash or cash equivalents as of
December 31, 2001.

Income Taxes

Income  taxes are  provided  for using the  liability  method of  accounting  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  difference  between  financial and tax  reporting.  Deferred tax
expense  (benefit)  results from the net change  during the year of deferred tax
assets and liabilities.

For federal income tax purposes,  substantially all deductible expenses incurred
to date must be deferred until the Company commences  business and then they may
be charged against operations over a 60-month period or permanently capitalized.
Since the  Company is not in  business  as of  December  31,  2001,  accumulated
deductible expenses incurred since inception of $147,566,  resulted in a $36,389
deferred tax asset.  A valuation  allowance of $36,389 has been  provided  since
there is no assurance of future  taxable  income.  Tax deductible  losses,  when
provided,  can be  carried  forward  for 20 years  until  utilized.  None of the
$87,818  of  expenses  constituting  the  majority  of  contributed  capital  is
deductible  for federal  income tax  purposes.  There is no net  operating  loss
carry-forward at December 31, 2001.

Loss Per Share

Net loss per  share is  provided  in  accordance  with  Statement  of  Financial
Accounting  Standards No. 128 (SFAS No.128) "Earnings Per Share". Basic loss per
share is computed by dividing net loss available to common  stockholders  by the
weighted  average  number of common shares  outstanding  during the period.  The
effect of the three for one  forward  stock split  during 2001 has been  applied
retroactively to all periods presented.

                                       8
<PAGE>

Going Concern

The Company's financial statements have been presented on the basis that it is a
going concern, which contemplates the realization of assets and the satisfaction
of  liabilities  in the normal  course of  business.  The  Company's  ability to
continue in existence is dependent on its ability to develop  additional sources
of capital, and/or achieve profitable operations. Management's plan is to seek a
merger  candidate.  The  accompanying  financial  statements  do not include any
adjustments that might result from the outcome of these uncertainties.

NOTE 2 - RELATED PARTY TRANSACTIONS

Contributed Captial

Capital  contributed for the year ended December 31, 2001 and 2000,  provided by
management without future  reimbursement,  has been expensed in the accompanying
statements of operations, as follows:


<table>
<S>                                             <C>           <C>
                                               2001          2000
                                          ---------     ---------
Services                                    $ 3,400       $74,900
Travel                                                      4,725
Office                                        1,200         3,593
Professional fees                             1,207             0
Registration Cost                            10,000             0
Transfer and filing fees                      3,294             0
                                          ---------     ---------
Total                                       $19,101      $ 83,218
                                          ---------     ---------
</table>

Officer Advance

The  president of the Company has advanced  $1,000  during 2000.  The advance is
unsecured, non-interest bearing and is payable upon demand.


NOTE 3 - OUTSTANDING WARRANTS

In 1999 the  Company  completed  a  Regulation  D offering  under the  exemption
provided by the Securities  Act of 1933, as amended.  The Company sold 1,416,000
shares  of  common  stock to the  public  at a price of $0.05  per  share,  with
warrants attached,  for a total of $70,800. No proceeds were attributable to the
warrants, which were convertible into common stock of the Company at the rate of
$.10 per share. The warrants expired on April 30, 2001, without extension.


ITEM 2. PLAN OF OPERATION

For the near term,  the  Company  continues  to seek merger  and/or  acquisition
candidates.  It has  had  no  operations  since  inception  and  is  financially
dependent  on its  shareholders,  who  have  financed  its  existence  to  date.
Management  of the  Company  believes  that its  shareholders  will  continue to
provide the finances the Company requires,  without the need to raise additional
capital.

                                       9
<PAGE>

PART II - OTHER INFORMATION

Item 1. Legal Proceedings
        None

Item 2. Changes in Securities
        None

Item 6. Exhibits and Reports on Form 8-K

     (a) Exhibits
         None
     (b) Reports on Form 8-K
         No reports on Form 8-K were filed during the quarter  covered  by  this
         report.

 SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized, this 5th day of February, 2002.

/s/ Joginder Brar
- ------------------------
Joginder Brar, President
February 5, 2002


                                       10
<PAGE>