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

                                   FORM 10-KSB

(x       ) ANNUAL REPORT PURSUANT TO SECTION 13 (a) OR 15 (d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 (FEE REQUIRED) For the fiscal year ended December
         31, 2004
                                   --------------------------------------------

(  )     TRANSITION REPORT PURSUANT TO SECTION 13 (a) OR 15 (d) OF THE
         SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
         For the transition period from                        to
                                        ----------------------    ------------

         Commission File number              000-29553
                                ----------------------------------------

                                 SAFE IDEA, INC,
               (Exact name of registrant as specified in charter)


              Nevada                                            88-0492640

State or other jurisdiction of incorporation          (I.R.S. Employer I.D. No.)
 or organization

              2000 Thrasher Drive, Lake Havasu City, Arizona 86404
-------------------------------------------------------------------------------
              (Address of principal executive offices) (Zip Code)

Issuer's telephone number, including area code       1-770-519-0208
                                               ------------------------------

Securities registered pursuant to section 12 (b) of the Act:

         Title of each class Name of each exchange on which registered
 None                                                         None

Securities registered pursuant to section 12 (g ) of the Act:
                                     Common
                                (Title of Class)

Check whether the Issuer (1 ) filed all reports required to be filed by section
13 (a) 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.

                  (1) Yes [x ]   No [  ]              (2)  Yes [x]    No [  ]

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of the registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB. [ ]

State issuer's revenues for its most recent fiscal year:  $     0
                                                           -----------

The aggregate market value of the issuer's voting stock held as of December 31,
2004, by non-affiliates of the issuer based on the closing daily price as quoted
on the NQB Pink Sheets was represented by 8,490,015 shares @$.08 per share of
common stock, as per NQB Semi Annual Stock Summary, January 2005

As of December 31, 2004, the registrant had 11,550,015 shares of common stock
issued and outstanding.
  Transitional Small Business          Disclosure Format.       Yes [x ] No [ ]
Documents incorporated by reference: None.


<PAGE>



                                TABLE OF CONTENTS


PART I

ITEM 1.        DESCRIPTION OF BUSINESS                                         3

ITEM 2.        DESCRIPTION OF PROPERTIES                                       5

ITEM 3.        LEGAL PROCEEDINGS                                               5

ITEM 4.        SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS             5-6


PART II

ITEM 5.        MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS        6


ITEM 6.        MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION     6-7

ITEM 7.        FINANCIAL STATEMENTS                                         8-15

ITEM 8.        CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
               AND FINANCIAL DISCLOSURE                                    16-18


PART III

ITEM 9.        DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL PERSONs;
               COMPLIANCE WITH SECTION 16 (a) OF THE EXCHANGE ACT           8-19

ITEM 10.       EXECUTIVE COMPENSATION                                     19-20

ITEM 11.       SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
                AND MANAGEMENT                                                20

ITEM 12.       CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS                 20


ITEM 13.       EXHIBITS AND REPORTS ON FORM 8-K                               20

<PAGE>





                                     PART I

                                    FOREWARD

This Form 10-KSB contains certain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. For this purpose any
statements contained in this Form 10-KSB that are not statements of historical
fact may be deemed to be forward-looking statements. Without limiting the
foregoing, words such as "may," "will," "expect," "believe," "anticipate,"
"estimate" or "continue" or comparable terminology are intended to identify
forward-looking statements. These statements by their nature involve substantial
risks and uncertainty, and actual results may differ materially depending on a
variety of factors, many of which are not within the Company's control. These
factors include but are not limited to economic conditions generally and in the
industries in which the Company and its customers participate; competition
within the Company's industry, including competition from much larger
competitors; technological advances which could render the Company's products
less competitive or obsolete; failure by the Company to successfully develop new
products or to anticipate current or prospective customers' product needs; price
increase or supply limitations for components purchased by the Company for use
in its products; and delays, reductions, or cancellations of orders previously
placed with the Company.


                         ITEM 1. DESCRIPTION OF BUSINESS

History and Organization

The Company was incorporated under the laws of the state of Nevada on March 20,
1996 with authorized common stock of 25,000 shares with no par with the name of
"Shell, Inc.". On October 27, 2000, the Company made a name change to "Safe
Idea, Inc." as part of a change in the authorized common capital stock to
50,000,000 shares with a par value of $.0001.

On April 5, 2001, the Company completed a forward stock split of three shares
for each outstanding share which resulted in 12,000,000 shares of common stock
issued and outstanding. This report shows the effect of the stock split from
inception with a par value of $.0001.

The Company has been in the development stage since inception and has been
engaged in providing a repository of information and an interactive forum and a
comprehensive directory of services catering to entrepreneurs where they can
publish their business plans and share their ideas in a collaborative
environment. During 2001, the company abandoned its activity and has since been
inactive.

                                       3
<PAGE>

In June 2004, new management was installed as officers and directors of the
Corporation. The Company's new management was desirous developing a business
operation in the direction that would add benefit to the Company.

On September 28, 2004, the Company reverse split its shares of common stock on a
three for one basis leaving 8,000,015 shares of common stock issued and
outstanding.

On September 29, 2004, the Company issued 3,000,000 shares of common stock to
Cease-Fire Technologies, Pty. Ltd., a private Australian corporation in exchange
 for a license to distribute technologies harnessing a passive fire control
coating material with the trademark name "Wetwool" to include the territories
of the United States and Canada. The license agreement is estimated to have an
economic useful life of five years.

Examples of products and technologies developed by Cease-Fire Technologies
include intumescent paint for safety applications, fire retardant clear coating
for timber, wildfire emergency erect curtain, fabric fire retardants, and
passive fire retardant coating for any porous surface.

Wetwool is a proprietary, trademarked, non-woven wool fabric impregnated with
super-absorbent polymer crystals. Advantages of Wetwool fabric are as follows:

(a) relatively light and easy to handle when dry; (b) provides extremely
efficient shield against radiant heat; (c) easy to wet, retains moisture far
better than other fabrics; (d) is relatively hardy against direct flame
impingement; and (e) very heavy when wet down which helps keep it in place in
the presence of strong wind fires.

Practical applications include:

(a) protective gear and applications for fire fighters;
(b) protective tarps for property, vehicles or anything that requires protection
against fire; (c) protective personal items such as wildfire ponchos; and (d)
protective barriers against embers.

Typically, in any wild fire, the single most dangerous aspect is the effect of
the embers, not the fire itself.

Embers are burning debris that is pushed up in air in the plume of the fire (the
stack of hot air from rising up) and can drift several kilometers in the
direction of the wind. Almost all houses that burn down in wild fires are
ignited by embers, not by the fire itself. A fire moves fast, as when it
consumes the fuel that is available, it has to advance. The average time of a
firefront to pass is only 4 to 5 minutes, but the ember attack can last for up
to 2 - 3 hours before and after the fire.

                                       4
<PAGE>

The second most dangerous aspect in any fire is radiant heat. Radiant heat is
the heat that one can feel with one's skin when a heater is turned on. In wild
fires, especially extreme ones, radiant heat load is so high that it can roast a
man alive in seconds from a distance of tens of meters. Firefighters who die on
duty are often killed because they were caught in a fire-overpass inside their
fire fighting trucks. Glass in those trucks do not stop radiant heat, and as the
heat comes through, the windows melt the moldings of the trucks. As the melting
occurs, toxic vapors are released and many firefighters suffocate to death (as
opposed to being burnt) inside their vehicles. Wetwool engineered covers for
fire fighting trucks and equipment are intended to provide an efficient shield
against radiant heat and will tolerate short direct flame impingement, thus
protecting fire fighting equipment and staff against the real danger of being
caught in a fire-corridor.

Safe Idea, Inc. intends to utilize the Wetwool fire and radiant heat protective
applications to initially develop covers for fire fighting trucks and equipment.
Other applications will also be explored by Safe Idea, Inc.

On September 30, 2004, the Company issued 490,000 shares of common restricted
Stock to non affiliate third parties for a cash infusion of $245,000. On
September 30, 2004, the Company issued 60,000 shares of its common restricted
stock to the Company's officers and directors for officers and directors
services.

As of December 31, 2004, the Company's operation includes discussions with
distributors of the Company's products and the Company is pursuing its plans to
utilize "Wetwool" fabric for manufacture of covers on fire fighting trucks and
equipment. As of December 31, 2004 there have been no sales of the Company's
products as yet.


                        ITEM 2. DESCRIPTION OF PROPERTIES


None
                            ITEM 3. LEGAL PROCEEDINGS

No legal proceedings are threatened or pending against the Company or any of its
officers or directors. Further, none of the Company's officers or directors or
affiliates of the Company are parties against the Company or have any material
interests in actions that are adverse to the Company's interests.


          ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

On September 14, 2004, the Company had a shareholders meeting and 22,100,000
shares of common stock out of 24,000,015 shares of common stock (92.08%) voted


                                       5
<PAGE>

to reverse split the shares of common stock on a three for one basis, which was
effective as of September 28, 2004.


                  ITEM 5. MARKET FOR COMMON EQUITY AND RELATED
                               STOCKHOLDER MATTERS

The Company's common stock is currently listed and trading on the National
Quotations Bureau, Pink Sheets. As of December 31, 2004, the Company had 27
shareholders holding 11,550,015 shares of common stock. The Company has never
declared a dividend on its shares of common stock.

Recent Sales of Unregistered Securities

On September 29, 2004, there were 3,000,000 shares of the Company's common,
restricted stock issued in exchange for the license rights to the technologies
harnessing a passive fire control coating material "Wetwool" for the territories
in North America.

On September 30, 2004, there were 490,000 shares of common, restricted stock
issued to non affiliate third parties for a cash investment of $245,000.

On September 30, 2004, there were 60,000 shares of common, restricted stock
issued to the Company's officers and directors for officers and directors
services.


                 ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR
                                PLAN OF OPERATION

General

The Company has been in the development stage since inception and has been
engaged in providing a repository of information and an interactive forum and a
comprehensive directory of services catering to entrepreneurs where they can
publish their business plans and share their ideas in a collaborative
environment. During 2001, 2002 and 2003, the company abandoned its activity and
has been inactive until June 2004.

In June 2004, new management was installed and the Company was desirous
developing a business operation in the direction that would add benefit to the
Company.

On September 29, 2004, the Company issued 3,000,000 shares of common stock to
Cease-Fire Technologies, Pty. Ltd., a private Australian corporation in exchange
 for a license to distribute technologies harnessing a passive fire control
coating material with the trademark name "Wetwool" to include the territories of
 the United States and Canada. The license agreement is estimated to have an
 economic useful life of five years.

                                       6
<PAGE>

Examples of products and technologies developed by Cease-Fire Technologies
include intumescent paint for safety applications, fire retardant clear coating
for timber, wildfire emergency erect curtain, fabric fire retardants, and
passive fire retardant coating for any porous surface.

Wetwool is a proprietary, trademarked, non-woven wool fabric impregnated with
super-absorbent polymer crystals. Advantages of Wetwool fabric are as follows:


Liquidity and Capital Resources


During the fiscal year ended December 31, 2004, the Company's operation includes
discussions with distributors of the Company's products and the Company is
pursuing its plans to utilize "Wetwool" fabric for manufacture of covers on fire
fighting trucks and equipment. As of December 31, 2004 there have been no sales
of the Company's products as yet. There is no revenue to present and minimal
expenses incurred by the Company.

The Company has limited operating history. The Company can only estimate the
future needs for capital based on the current status of the Company's
operations, its current plans and current economic condition. The Company
expects to extend the due date of its note payable until the demand note is
presented for payment or conversion. The Company believes that the cash balance
in the Company at present will be sufficient for the operations of the Company
for the next twelve months.

Results of Operations

Comparison of the year ended December 31, 2004 and the year ended December 31,
2003

The Company had no income and expense of $9,257 for the year ended December 31,
2004 compared with no income and expenses for the year ended December 31, 2003.

Comparison of the year ended December 31, 2003 and the year ended December 31,
 2002

The Company had no income or expense for the year ended December 31, 2003. The
Company had no income and expenses of $600 for the year ended December 31, 2002.

                                       7
<PAGE>


 ITEM 7. FINANCIAL STATEMENTS

MADSEN & ASSOCIATES, CPA's Inc.                     684 East Vine St, Suite 3
-------------------------------
Certified Public Accountants
and Business Consultants                            Murray, Utah 84107
                                                    Telephone 801 268-2632
                                                    Fax 801-262-3978

Board of Directors
Safe Idea, Inc.
Lake Havasu City, Arizona

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We have audited the accompanying balance sheet of Safe Idea, Inc. (development
stage company) at December 31, 2004, and the related statements of operations,
stockholders' equity, and cash flows for the years ended December 31, 2004 and
2003, and the period March 20, 1996 (date of inception) to December 31, 2004.
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 audit.

We conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). 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
balance sheet presentation. We believe that our audit provides 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 Safe Idea, Inc. at December 31,
2004, and the results of operations, and cash flows for the years ended December
31, 2004 and 2003, and the period March 20, 1996 to December 31, 2004, in
conformity with accounting principles generally accepted in the United States of
America.




Salt Lake City, Utah
March 2, 2005                        s/Madsen & Associates, CPA's Inc.




                                       8
<PAGE>




                                 SAFE IDEA, INC.
                           (Development Stage Company)
                                  BALANCE SHEET
                                December 31, 2004
ASSETS
CURRENT ASSETS

Cash
                                                                       $ 234,823


Total Current Assets                                                    234,823

LICENSE - net of amortization                                            14,250

                                                                       $249,073

                                                                    ===========


LIABILITIES AND STOCKHOLDERS' DEFICIENCY
CURRENT LIABILITIES

Accounts payable                                                          9,258
Note payable - related parties                                        $   5,000
                                                                     ----------

Total Current Liabilities
                                                                         14,258

STOCKHOLDERS' DEFICIENCY

Common Stock
50,000,000 shares authorized at $.0001 par value;
11,550,015 shares issued and outstanding                                  1,155
Capital in excess of par value                                          498,551
Deficit accumulated during the development stage                       (264,891)
                                                                    -----------

Total Stockholders' Equity                                               234,815
                                                                     ----------

                                                                        $249,073




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



                                       9
<PAGE>






                                 SAFE IDEA, INC.
                           (Development Stage Company)
                   STATEMENT OF OPERATIONS For the Years Ended
                     December 31, 2004 and December 31, 2003
     and the Period March 20, 1996 (Date of Inception) to December 31, 2004

                                   Dec 31, 2004   Dec 31, 2003  Mar 20, 1996 to
                                                                    Dec 31, 2004


REVENUES
                                              -               -               -

EXPENSES
Administration                           19,829               -          53,314
Amortization
                                            750               -           2,417
                             --------------------------------------------------

NET LOSS - before other
income and expenses
                                        (20,579)              -         (55,731)
                             ==================================================


OTHER EXPENSES
Interest income                              95               -              95
Domain name write off                         -               -          (3,333)
Goodwill write off                            -               -        (205,922)

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

NET LOSS                              $ (20,484)         $    -       $(264,891)

                             ==================================================

NET LOSS PER COMMON
SHARE (stated in 1,000')


Basic and diluted
                                     $      -            $  -


AVERAGE OUTSTANDING
SHARES

Basic                                     8,888           8,000
Diluted                                  13,888          13,000






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


                                       10
<PAGE>




                                 SAFE IDEA, INC.
                           (Development Stage Company)
                  STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY Period March 20,
         1996 (Date of Inception) to December 31, 2004

                                                    Common Stock

                                                      --------------------------
                                                 Shares            Amount

                                          ---------------   -------------
Balance March 20, 1996
(date of inception)                                 $   -          $    -

Issuance of common stock for cash -
March 20, 1996                                  2,500,009             250

Net operating loss for the period ended
December 31, 1996                                  -
                                                                        -
Issuance of common stock for services -
October 30, 1999                                  500,000              50

Net operating income for the year
ended December 31, 1999                                 -               -

Issuance of common stock for services -
- March 20, 2000                                3,000,000             300

Issuance of common stock for acquisition -
of Safe Idea Repository
October 5, 2000                                 3,000,000             300

Issuance of common stock for acquisition -
of Obligation Futures
November 6,2000                                 1,000,000             100

Cancellation of common stock - acquisition
of Obligation
Futures cancelled                              (1,000,000)           (100)

Cancellation of common stock - acquisition
of Safe Idea
Repository cancelled                           (3,000,000)           (300)

Contribution to capital - expenses                 -
                                                                        -
Net operating loss for the year ended
December 31, 2000                                       -               -

Net operating loss for the year ended
December 31, 2001                                       -               -

Issuance of common stock for services -
March 20, 2002                                  2,000,006             200

Contribution to capital - payment of debt               -               -

Net operating loss for the year ended
December 31, 2002                                       -               -
Net operating loss for the year ended
December 31, 2003                                       -               -

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

Balance December 31, 2003                       8,000,015             800

Issuance of common stock for
license September 27, 2004                      3,000,000             300

Issuance of common stock for cash
September 30, 2004                                490,000              49

Issuance of common stock for
services September 30, 2004                        60,000               6

net operating loss for the year
ended December 31, 2004                                 -               -

Balance December 31, 2004                      11,550,015           1,155





                                                        Capital
                                                        Excess of   Accumulated
                                                        Par Value      Deficit


Balance March 20, 1996
(date of inception)                                      $     -              -

Issuance of common stock for cash -
March 20, 1996                                             2,250              -

Net operating loss for the period ended
December 31, 1996                                              -              -

Issuance of common stock for services -
October 30, 1999                                               -              -

Net operating income for the year
ended December 31, 1999                                       -             (50)
Issuance of common stock for services -
- March 20, 2000                                               -              -

Issuance of common stock for acquisition -
of Safe Idea Repository
October 5, 2000                                            5,310              -

Issuance of common stock for acquisition -
of Obligation Futures
November 6,2000                                          200,012              -

Cancellation of common stock - acquisition
of Obligation
Futures cancelled                                            100              -

Cancellation of common stock - acquisition
of Safe Idea
Repository cancelled                                         300              -

Contribution to capital - expenses                         6,905              -

Net operating loss for the year ended
December 31, 2000                                              -       (231,305)

Net operating loss for the year ended
December 31, 2001                                              -         (9,952)

Issuance of common stock for services -
March 20, 2002                                               400              -

Contribution to capital - payment of debt                 23,129              -

Net operating loss for the year ended
December 31, 2002                                              -           (600)
Net operating loss for the year ended
December 31, 2003                                              -              -

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

Balance December 31, 2003                                238,606       (244,407)

Issuance of common stock for
license September 27, 2004                                14,700              -

Issuance of common stock for cash
September 30, 2004                                       244,951              -

Issuance of common stock for
services September 30, 2004                                  294              -

net operating loss for the year
ended December 31, 2004                                        -        (20,484)

Balance December 31, 2004                                498,551       (264,891)






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


                                       11
<PAGE>




                                 SAFE IDEA, INC.
                           (Development Stage Company)
                             STATEMENT OF CASH FLOWS
             For the Years Ended December 31, 2004 and 2003 and the
         Period March 20, 1996 (Date of Inception) to December 31, 2004

                                         Dec 31          Dec 31  March 20, 1996
                                          2004           2003       to Dec 31,
                                                                        2004
                                    ------------------------------------------
CASH FLOWS FROM
OPERATING ACTIVITIES

Net Loss                                 $ (20,484)           -    $(264,891)


Adjustments to reconcile
net loss to net cash provided by
operating activities.

Amortization
                                               750            -        2,417
Domain name write off
                                                 -            -        3,333
Good will write off
                                                 -            -      205,922
Issuance of capital stock for expenses
                                               300            -        1,250
Contributions to capital
                                                 -            -        6,905

Change in prepaid expense                        -            -            -

Change in accounts payable                   9,257            -       37,387
                                  ------------------------------------------

Net Cash From Operations
                                           (10,177)           -       (7,677)
                                  ------------------------------------------

CASH FLOWS FROM INVESTING
ACTIVITIES

Purchase domain name
                                                 -            -       (5,000)
                                  ------------------------------------------

CASH FLOWS FROM FINANCING
ACTIVITIES

Proceeds from issuance of common stock
                                           245,000            -      247,500
                                  ------------------------------------------

Net Increase (Decrease) in Cash
                                           234,823            -      234,823

Cash at Beginning of Period
                                                 -            -            -
                                  ------------------------------------------

Cash at End of Period
                                         $ 234,823            $    $ 234,823


ACHEDULE OF NON CASH OPERATING
ACTIVITIES

Issuance of 16,500,000 shares
of common stock for services
1991 to 2004
                                                                       $   1,250
                                                           -----------------
Contribution to capital - 2000 to 2004
                                                                           6,905
                                                           -----------------

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

                                       12
<PAGE>



                                 SAFE IDEA, INC.
                           (Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                December 31, 2004



1. ORGANIZATION

The Company was incorporated under the laws of the state of Nevada on March 20,
1996 with authorized common stock of 25,000 shares with no par with the name of
"Shell, Inc.". On October 27, 2000, the Company made a name change to "Safe
Idea, Inc." as part of a change in the authorized common capital stock to
50,000,000 shares with a par value of $.0001.

During 2001 the Company completed a forward stock split of three shares for each
outstanding share. This report shows the effect of the stock split from
 inception with a par value of $.001.

The Company has been in the development stage since inception and has been
engaged in providing a repository of information and an interactive forum and a
comprehensive directory of services catering to entrepreneurs where they can
publish their business plans and share their ideas in a collaborative
environment. During 2001, the Company abandoned its activity and has since been
inactive.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Methods

The Company recognizes income and expenses based on the accrual method of
accounting.

Dividend Policy

The Company has not yet adopted a policy regarding payment of dividends.

Earnings (Loss) Per Share

Basic net income (loss) per share amounts are computed based on the weighted
average number of shares actually outstanding. Diluted net income (loss) per
share amounts are computed using the weighted average number of common shares
and common equivalent shares outstanding as if shares had been issued on the
exercise of any common share rights unless the exercise becomes anti-dilutive
and then only the basic per share amounts are shown in the report.

Financial Instruments

The carrying amounts of financial instruments, including notes payable, are
considered by management to be their estimated fair values, due to the short
term duration of these instruments.

                                       13
<PAGE>

                                 SAFE IDEA, INC.
                           (Development Stage Company)
                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 2004



2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Estimates and Assumptions

Management uses estimates and assumptions in preparing financial statements in
accordance with generally accepted accounting principles. Those estimates and
assumptions affect the reported amounts of the assets and liabilities, the
disclosure of contingent assets and liabilities, and the reported revenues and
expenses. Actual results could vary from the estimates that were assumed in
preparing these financial statements.

Income Taxes

The Company utilizes the liability method of accounting for income taxes. Under
the liability method deferred tax assets and liabilities are determined based on
the differences between financial reporting and the tax bases of the assets and
liabilities and are measured using the enacted tax rates and laws that will be
in effect, when the differences are expected to reverse. An allowance against
deferred tax assets is recorded, when it is more likely than not, that such tax
benefits will not be realized.

On December 31, 2004, the Company had a net operating loss available for carry
forward of $264,891. The tax benefit of approximately $79,000 from the loss
carry forward has been fully offset by a valuation reserve because the use of
the future tax benefit is doubtful since the Company has no operations. The loss
carry forward expires beginning in the years 2017 through 2025.

Financial and Concentrations Risk

The Company does not have any concentration or related financial credit risk.

 Revenue Recognition

Revenue will be recognized on the sale and delivery of a product or the
completion of a service provided.

Advertising and Market Development

The company will expense advertising and market development costs as incurred.



                                       14
<PAGE>



                                 SAFE IDEA, INC.
                           (Development Stage Company)
                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 2004



2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Recent Accounting Pronouncements

The Company does not expect that the adoption of other recent accounting
pronouncements will have a material impact on its financial statements.

3. ACQUSITION OF LICENSE AGREEMENT

On September 29, 2004 the Company acquired an exclusive, perpetual license to
manufacture and distribute a passive fire control material with the trademark
name "Wetwool" to include the territories of the United States and canada in
exchange for 3,000,000 common shares of the Company.

4. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES

Officers-directors and control shareholders have acquired 26% of the company
outstanding stock and have no interest, demand note payable due them of $5,000.
The note can be converted to 5,000,000 common shares at any time at the option
of the holder.

5. CAPITAL STOCK

The Company issued the following restricted common shares during 2004.

3,000,000 shares for a license - note 3                 $ 15,000
490,000 shares for cash                                  245,000
60,000 shares for consultants                                300


                                       15
<PAGE>

ITEM  8.  CHANGES  IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
FINANCIAL DISCLOSURE


The Company has had no disagreements with its certified public accountants with
respect to accounting practices or procedures of financial disclosure.

Item 8(a)

Effect of Existing or Probable Governmental Regulations on Business.
Sarbanes-Oxley Act.

On July 30, 2002, President Bush signed into law the Sarbanes-Oxley Act of 2002.
The Act imposes a wide variety of new regulatory requirements on publicly-held
companies and their insiders. Many of these requirements will affect us. For
example: Our chief executive officer and chief financial officer must now
certify the accuracy of all of our periodic reports that contain financial
statements; our periodic reports must disclose our conclusion about the
effectiveness of our disclosure controls and procedures; and we may not make any
loan to any director or executive officer and we may not materially modify any
existing loans.

The Sarbanes-Oxley Act has required us to review our current procedures and
policies to determine whether they comply with the Act and the new regulations
promulgated there under. We will continue to monitor our compliance with all
future regulations that are adopted under the Sarbanes-Oxley Act and will take
whatever actions are necessary to ensure that we are in compliance.

Penny Stock.

Our common stock is "penny stock" as defined in Rule 3a51-1 of the Securities
and Exchange Commission . Penny stocks are stocks: with a price of less than
five dollars per share; that are not traded on a "recognized" national exchange;
whose prices are not quoted on the NASDAQ automated quotation system; or in
issuers with net tangible assets less than $2,000,000, if the issuer has been in
continuous operation for less than three years, or with average revenues of less
than $6,000,000 for the last three years. Section 15 (g) of the Exchange Act and
Rule 15g-2 of the Securities and Exchange Commission require broker/dealers
dealing in penny stocks to provide potential investors with a document
disclosing the risks of penny stocks and to obtain a manually signed and dated
written receipt of the document before making any transaction in a penny stock
for the investor's account. You are urged to obtain and read this disclosure
carefully before purchasing any of our shares.

Rule 15g-9 of the Securities and Exchange Commission requires broken/dealers in
penny stocks to approve the account of any investor for transactions in these



                                       16
<PAGE>

stocks before selling any penny stock to that investor.

This procedure required the broker/dealer to get information about the
investor's financial situation, investment experience and investment goals;
reasonably determine, based on that information, that transactions in penny
stocks are suitable for the investor and that the investor can evaluate the
risks of penny stock transactions; provide the investor with a written statement
setting forth the basis on which the broker/dealer made his or her
determination; and confirming that it accurately reflects the investors'
financial situation, investment experience and investment goals. Compliance with
these requirements may make it harder for our stockholders to resell their
shares.



Reporting Obligations.

Section 14 (a) of the Exchange Act requires all companies with securities
registered pursuant to Section 12 (g) of the Exchange Act to comply with the
rules and regulations of the Securities and Exchange Commission regarding proxy
solicitations, as outlined in Regulation 14A. Matters submitted to stockholders
of our Company at a special or annual meeting thereof or pursuant to a written
consent will require our Company to provide our stockholders with the
information outlined in Schedules 14A or 14C of Regulation 14; preliminary
copies of this information must be submitted to the Securities and Exchange
Commission at least 10 days prior to the date that definitive copies of this
information re forwarded to our stockholders.

We are also required to file annual reports on Form 10-KSB and quarterly reports
on Form 10-QSB with the Securities Exchange Commission on a regular basis, and
will be required to timely disclose certain material events (e.g., changes in
corporate control; acquisitions of re-dispositions of a significant amount of
assets other than in the ordinary course of business; and bankruptcy) in a
current report on Form 8-K.

Small Business Issuer.

The integrated disclosure system for small business issuers adopted by the
Securities and Exchange Commission in Release No. 34-30968 and effective as of
August 13, 1992, substantially modified the information and financial
requirements of a "Small Business Issuer," defined to be an issuer that has
revenues of less than $25,000,000; is a U.S. or Canadian issuer; is not an
investment company; and if a majority-owned subsidiary, the parent is also a
small business issuer; provided, however, an entity is not a small business
issuer if it has a public float (the aggregate market value of the issuer's
outstanding securities held by non-affiliate) of $25,000,000 or more. We are
deemed to be a "small business issuer."

                                       17
<PAGE>

Item 8 (a).

Controls and Procedures. As of the period of this Annual Report on December 31,
2004, we carried out an evaluation, under the supervision and with the
participation of our CEO and CFO, of the effectiveness of the design and
operation of our disclosure controls and procedures. Based on this evaluation,
our CEO and CFO concluded that our disclosure controls and procedures are
effective in timely alerting them to material information required to be
included in our periodic Securities and Exchange Commission reports. It should
be noted that the design of any system of controls is based in part upon certain
assumptions about the likelihood of future events, and there can be no assurance
that any design will succeed in achieving its stated goals under all potential
future conditions, regardless of how remote. In addition, we reviewed our
internal controls, and there have been no significant changes in our internal
controls or in other factors that could significantly affect those controls
subsequent to the date of their last evaluation.

ITEM 9.  DIRECTORS AND EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL
           PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

The following table sets forth as of December 31, 2004, includes the name, age,
and position of each executive officer and director and the term of office of
each director of the Company.

Name               Age         Position           Director and/or Officer Since

David Campbell     57      President & Director            June 17, 2004
Carol Allen        58      Secretary & Director            June 17, 2004

Each director of the Company serves for a term of one year or until the
successor is elected at the Company's annual shareholders' meeting and is
qualified, subject to removal by the Company's shareholders. Each officer
serves, at the pleasure of the board of directors, for a term of one year and
until the successor is elected at the annual meeting of the board of directors
and is qualified.

Set forth below is certain biographical information regarding each of the
Company's executive officers and directors.

David Campbell - President and Board Chairman and Director

Mr. Campbell owned and operated a human resource and consulting business,
operating in Finland from 1989 to 1998. Since 1998, Mr. Campbell has been
working as a sales

                                       18
<PAGE>

consultant for various corporations. Mr. Campbell has a BA in
Liberal Arts and a Masters in Divinity.

Carol Allen - Secretary and Director

Mrs. Allen holds a degree in Physical Education and is a retired police officer.
For the past five years, Mrs. Allen has owned and operating a catering business
in Seattle, Washington.


Compliance with Section 16(a) of the Exchange Act

Directors and executive officers are required to comply with Section 16(a) of
the Securities Exchange Act of 1934, which requires generally that such persons
file reports regarding ownership of and transactions in securities of the
Company on Forms 3, 4, and 5. A Form 3 is an initial statement of ownership of
securities, which is to be filed by the officers and directors owning shares in
the Company within 10 days after the effective date of the Company's filing on
Form 10K-SB. Form 4 is to report changes in beneficial ownership and is due on
or before the tenth day of the month following any month in which they engage in
any transaction in the Company's common stock. Form 5 covers annual statement of
changes in beneficial ownership which is due 90 days after the fiscal year end
of the Company.

Based solely on a review of Forms 3 and 4 and amendments thereto furnished to
the Company during its most recent fiscal year, and Forms 5 and amendments
thereto furnished to the Company with respect to the most recent fiscal year, it
appears all Forms 3, 4 and 5 were not timely filed.




                         ITEM 10. EXECUTIVE COMPENSATION


The following table sets forth certain summary information concerning the
compensation paid or accrued over each of the Registrant's last three completed
fiscal years to the Company's, or its principal subsidiaries, chief executive
officers during such period (as determined at December 31, 2004 the end of the
Registrant's last completed fiscal year).

David Campbell - 50,000 shares of restricted common stock Carol Allen - 10,000
shares of restricted common stock

Employment Contracts and Termination of Employment and Change in Control
Arrangement

In the past three years no executive officer has received any amounts in
connection with an executive officer's resignation, retirement, or other

                                       19
<PAGE>


termination. No executive officer received any amounts in the last three years
in connection with a change in control of the Company of a change in the
executive officer's responsibilities after a change in control, other than as
described above.

There are no compensatory plans or arrangements, including payments to be
received from the Company, with respect to any person named in Cash Compensation
set out above which would in any way result in payments to any such person
because of his resignation, retirement, or other termination of such person's
employment with the Company or its subsidiaries, or any change in control of the
Company, or a change in the person's responsibilities following a change in
control of the Company.


     ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth as of December 31, 2004, the name and number of
shares of the Company's Common Stock, par value $0.001 per share, held of record
or beneficially by each person who held of record, or was known by the Company
to own beneficially, more than 5% of the 11,550,015 issued and outstanding
shares of the Company's Common Stock, and the name and share holdings of each
director and of all officers and directors as a group.

Title of                                 Amount and Nature of    Percentage of
-------------------------------------------------------------------------------
Class        Name of Beneficial             Beneficial Ownership      Class____
-------------------------------------------------------------------------------


Common   Cease Fire Technologies, Pty Ltd.                3,000,000    25.97%

Common   David Campbell, President & Director                50,000     .043%

Common   Carol Allen, Secretary & Director                   10,000     .009%


Changes in control

On June 17, 2004 Gina Zapara resigned as Director and President of the Company.
There has been a change in control of the Company during the current fiscal
year 2004 by the change of officers and directors on June 17, 2004. In September
2004, the Company issued 3,000,000 shares of common, restricted stock to
Cease-Fire Technologies, Pty Ltd. in exchange for the exclusive license for the
Wetwool products in the United States and Canada. These 3,000,000 shares of
common restricted stock represents 25.97% of the Company's issued and
outstanding shares.


                                       20
<PAGE>

ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS


The material transactions, or series of similar transactions, during the fiscal
year 2004 was that of the issuance of 3,000,000 shares of common restricted
stock to Cease-Fire Technologies, Pty. Ltd. in exchange for the license rights
to the Wetwool products for the United States and Canada. The Company also
issued 490,000 shares of common restricted stock to non affiliate third parties
for a cash investment of $245,000. There are no other transactions or proposed
transactions, or series of similar transactions, to which we are a party, the
amount involved exceeded $60,000 and in which any director, executive officer,
any security holder who is known to us to own of record or beneficially more
than 5% of any class of our common stock, or any member of the immediate family
of any of the foregoing persons, or any promoter had a material interest



ITEM 13.  EXHIBITS AND REPORTS ON FORM 8-K


(a) Reports on Form 8-K.

                 None


ITEM 14.  PRINCIPAL ACCOUNTANT'S  FEES  AND  SERVICES

The following is a summary of the fees billed to Safe Idea, Inc. by its
principal accountants during the calendar years ended December 31, 2004, 2003
2002:

Fee category                               2004            2003          2002
Audit fees &
Audit-related fees                         $28,000          -0-          -0-
Tax fees
All other fees

Total fees                                 $28,000          -0-          -0-


Audit fees.

Consists of fees for professional services rendered by our principal accountants
for the audit of our annual financial statements and the review of financial
statements included in our Forms 10-QSB Quarterly Reports or services that are
normally provided by our principal accountants in connection with

                                       21
<PAGE>

statutory and
regulatory filings or engagements. Audit-related fees. Consists of fees for
assurance and related services by our principal accountants that are reasonably
related to the performance of the audit or review of Safe Idea, Inc. financial
statements and are not reported under Audit fees. Tax fees. Consists of fees for
professional services rendered by our principal accountants for tax compliance,
tax advice and tax planning. All other fees consist of fees for products and
services provided by our principal accountants, other than the services reported
under "Audit fees," "Audit-related fees" and "Tax fees" above.


                                       22
<PAGE>

                                   SIGNATURES


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


                                 SAFE IDEA, INC.


                               Date: March 2, 2005
                               By /s/  David K. Campbell
                               -----------------------------------------------
                                     President and Director



                               Date: March 2, 2005
                               By /s/ Carol Allen
                              --------------------------------------------
                                     Secretary and Director


                                       23
<PAGE>

                 SAFE IDEA, INC.

CODE OF CONDUCT
Introduction.
---------------
This Code of Conduct (this "Code") is applicable to the (1) President and Chief
Executive Officer, (2) Chief Financial Officer, (3) Chief Accounting Officer or
Controller and (4) other persons performing similar functions (collectively, the
"Covered Executives") of Safe Idea, Inc,. As used in this Code, "we", "our" or
"us" means Safe Idea, Inc., and "you" means a Covered Executive. The Covered
Executives hold an important and elevated role in corporate governance, and are
uniquely positioned and empowered to ensure that Safe Idea, Inc. interests are
appropriately balanced, protected and preserved. Safe Idea's Board of Directors
(the "Board") has adopted this Code to deter wrongdoing and to promote honest
and ethical conduct, proper disclosure of financial information in Safe Idea's
periodic reports and compliance with applicable laws, rules and regulations by
Safe Idea's senior officers who have financial responsibilities.

General obligations.

In performing your duties, we expect you to: Conduct yourself honestly and
ethically, including the ethical handling of actual or apparent conflicts of
interest between personal and professional relationships. Refrain from using
your position for personal gain or competing directly or indirectly with Safe
Idea. Provide, or cause to be provided, full, fair, accurate, timely and
understandable disclosures in (i) reports and documents that we file with the
Securities and Exchange Commission (the "SEC") and (ii) in other public
communications made by us. Comply, and encourage others reporting to you to
comply, in all material respects to all applicable rules and regulations of
federal, state and local governments, the SEC and other appropriate private and
public regulatory agencies. Comply, and encourage others reporting to you to
comply, with this Code and all other codes of business conduct or ethics adopted
by us from time to time. Promptly report, and encourage others reporting to you
to report, any known waiver or violation of this Code to a member of the Board.

This Code is specifically intended to meet the requirements of Section 406 of
the Sarbanes-Oxley Act of 2002 (including any amendments).

Waivers from or Changes to the Code.

The Board will have the sole and absolute discretionary authority to approve any
changes to this Code and any waivers from this Code. Any waiver from this Code,
including an implicit waiver, for a Covered Executive will be promptly disclosed
on a Form 8-K or any other means approved by the SEC. Such disclosure will


                                       24
<PAGE>

include the nature of the waiver, the name of the Covered Executive to whom the
Board granted the waiver, the name of the Executive to whom the Board granted
the waiver and the date of the waiver. Any change to this Code will be promptly
disclosed as required by law or regulation of the SEC.

Administration of and Compliance with this Code.

Procedures  for Raising  Concerns.  You are  expected to comply with this code
 and to report any possible  violation  of this Code,  so that it can be
investigated  and  evaluated.  Concerns  may be  presented  in person or in
writing a member of the Board at Safe Idea, Inc., Attention: Broad of Directors,
                                          .
Procedures for Investigating and Resolving Concerns.

Reports of possible violations will be forwarded to a member of the Board, who
may, in their discretion, assume responsibility for evaluating any possible
violation and directing or conducting any investigation or may delegate any
portion of such responsibility to a committee of the Board or another person or
entity. The Board will have the authority to engage independent counsel and
other advisers, as it deems necessary, to assist in its investigation and
process. After conducting the investigation, the results will be evaluated and
the Board will authorize such response, follow-up and preventive actions, if
any, as are deemed necessary and appropriate to address the substance of the
reported possible violation. We reserve the right to take whatever action it
believes appropriate, up to and including discharge of any Covered Executive
determined to have engaged in improper conduct. We will not penalize or
retaliate against any person or entity for reporting a possible violation in
good faith. We will not tolerate retaliation against any person or entity for
submitting, or for cooperating in the investigation of, a possible violation.
Any retaliation will warrant disciplinary action against the person who
wrongfully retaliates, up to and including termination of employment.


                                       25
<PAGE>


Exhibit 31

CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, David K. Campbell, CEO, President of Safe Idea, Inc. (the "small business
issuer"), certify that: 1. I have reviewed this Annual Report on Form 10-KSB of
the small business issuer; 2. Based on my knowledge, this Annual Report does not
contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the periods covered by
this Annual Report; 3. Based on my knowledge, the financial statements, and
other financial information included in this report, fairly present in all
material respects the financial condition, results of operations and cash flows
of the small business issuer as of, and for, the periods presented in this
Annual Report; 4. The small business issuer's other certifying officer (s) and I
are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15 (e)) for the
small business issuer and have: a) designed such disclosure controls and
procedures, or caused such disclosure controls and procedures to be designed
under our supervision, to ensure that material information relating to the small
business issuer, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this
report is being prepared; b) evaluated the effectiveness of the small business
issuer's disclosure controls and procedures and presented in this Annual Report
based on such evaluation; and c) disclosed in this Annual Report any change in
the small business issuer's internal control over financial reporting that
occurred during the small business issuer's most recent fiscal quarter (the
small business issuer's fourth fiscal quarter in the case of an Annual Report)
that has materially affected, or is reasonably likely to materially affect, the
small business issuer's internal control over financial reporting; and 5. the
small business issuer's other certifying officer(s) and I have disclosed, based
on our most recent evaluation of internal control over financial reporting, to
the small business issuer's auditors and the audit committee of the small
business issuer's board of directors (or persons performing the equivalent
functions); a) all significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the small business issuer's ability to
record, process, summarize and report financial information; and b) any fraud,
whether or not material, that involves management or other employees who have a
significant role in this small business issuer's internal control over financial
reporting.

Dated: March 2, 2005                      Signature: /s/ David K. Campbell
                                                    President and Director


                                       26
<PAGE>


CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Carol Allen, CFO, Secretary of Safe Idea, Inc. (the "small business issuer"),
certify that: 1. I have reviewed this Annual Report on Form 10-KSB of the small
business issuer; 2. Based on my knowledge, this Annual Report does not contain
any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the periods covered by
this Annual Report; 3. Based on my knowledge, the financial statements, and
other financial information included in this report, fairly present in all
material respects the financial condition, results of operations and cash flows
of the small business issuer as of, and for, the periods presented in this
Annual Report; 4. The small business issuer's other certifying officer (s) and I
are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15 (e)) for the
small business issuer and have: a) designed such disclosure controls and
procedures, or caused such disclosure controls and procedures to be designed
under our supervision, to ensure that material information relating to the small
business issuer, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this
report is being prepared; b) evaluated the effectiveness of the small business
issuer's disclosure controls and procedures and presented in this Annual Report
based on such evaluation; and c) disclosed in this Annual Report any change in
the small business issuer's internal control over financial reporting that
occurred during the small business issuer's most recent fiscal quarter (the
small business issuer's fourth fiscal quarter in the case of an Annual Report)
that has materially affected, or is reasonably likely to materially affect, the
small business issuer's internal control over financial reporting; and 5. the
small business issuer's other certifying officer(s) and I have disclosed, based
on our most recent evaluation of internal control over financial reporting, to
the small business issuer's auditors and the audit committee of the small
business issuer's board of directors (or persons performing the equivalent
functions); a) all significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the small business issuer's ability to
record, process, summarize and report financial information; and b) any fraud,
whether or not material, that involves management or other employees who have a
significant role in this small business issuer's internal control over financial
reporting.

Dated: March 2, 2005                       Signature: /s/ Carol Allen
                                                    Secretary and Director

                                       27
<PAGE>


                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,
      AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Safe Idea, Inc. (the "Registrant") on
Form 10-KSB for the year ended December 31, 2004, as filed with the Securities
and Exchange Commission on the date hereof (the Annual Report"), I, David K.
Campbell, CEO, President and Director of the Registrant, certify, pursuant to 18
U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that; (1) The Annual Report fully complies with the requirements of
section 13 (a) or 15 (d) of the Securities Exchange Act of 1934; and (2) The
information contained in the Annual Report fairly presents, in all material
respects, the financial condition and result of operations of the Registrant.

Dated: March 2, 2005
/s/ David K. Campbell,
President and Director


                                       28
<PAGE>

                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,
      AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Safe Idea, Inc. (the "Registrant") on
Form 10-KSB for the year ended December 31, 2004, as filed with the Securities
and Exchange Commission on the date hereof (the Annual Report"), I, Carol Allen,
CFO, President and Director of the Registrant, certify, pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that; (1) The Annual Report fully complies with the requirements of
section 13 (a) or 15 (d) of the Securities Exchange Act of 1934; and (2) The
information contained in the Annual Report fairly presents, in all material
respects, the financial condition and result of operations of the Registrant.

Dated: March 2, 2005
/s/ Carol Allen,
Secretary and Director

                                       29
<PAGE>