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

                                   FORM 10-KSB

 Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
                                       1934

        For the Fiscal Year Ended  December 31, 2001

                         Commission file number: 0-30919

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

         Delaware                                       98-6218467
(State or other jurisdiction of               (IRS Employee Identification No.)
 incorporation or organization)

                               3230 Mathers Avenue
                  West Vancouver, British Columbia Canada V7V 2K5
                  -----------------------------------------------
                     (Address of principal executive offices)

Issuer's telephone number, including area code:             (604) 913-1883

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

Securities registered pursuant to Section 12(g) of the Act: Common Stock

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 and 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.

                                   Yes X     __ No

Check if disclosure of delinquent  filers pursuant to Item 405 of Regulation S-B
is not contained in this form, and no disclosure will be contained,  to the best
of  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. [X]

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

Aggregate  market  value  of the  voting  stock  held by  non-affiliates  of the
registrant as of February 28, 2002.                         $0

Number of outstanding shares of the registrant's par value $0.0001 common stock,
as of February 28, 2002.                            10,312,100


<PAGE>


ITEM 1. DESCRIPTION OF BUSINESSThe Company was incorporated in the State of
Delaware on January 14, 2000 for the purpose of establishing a vertical trade
portal (i.e. a website) for the natural stone industry. The Company has one
wholly owned subsidiary, slabsdirect.com Online (B.C.) Ltd., which was
incorporated in the Province of British Columbia, Canada on January 25, 2000. In
April of 2000 the Company received initial funding and in March of 2001 the
Company received additional funding, all from the sale of common stock to its
investors.

The Company has not commenced any operations other than initial corporate
formation and capitalization, the selection and acquisition of a domain name,
www.slabsdirect.com, the preparation of preliminary design specifications for
its vertical trade community and the development of a beta website.

The Company has developed a vertical trade portal which will allow users to
research, source, contact and purchase natural stone products, equipment and
services.

Principal Products or Services and their Markets

The Company plans to develop its vertical trade portal into four areas:

1.    an auction marketplace;
2.    industry classifieds;
3.    industry news; and
4.    industry links.

The Company plans to generate revenues on a commission basis from sales
transactions made through the auction marketplace, while the other three areas
are designed to draw traffic to its vertical trade portal. The Company also
plans to sell advertising space on its website.

Management believes that the focus of the Company's vertical trade portal should
be on delivering ease of use and convenience combined with capabilities designed
to personalize business transacted over the Internet. To accomplish this goal,
the Company has retained the services of a website development company. The
Company has established a beta vertical trade portal at www.slabsdirect.com.
Upon obtaining adequate financing (approximately $500,000), the Company plans to
refine this portal, include additional content, and begin marketing its
services.

Auction Marketplace

The cornerstone of the Company's plan is the development of an online auction
marketplace for natural stone products, equipment and related items. The auction
marketplace will host auctions of these products by registered members over the
Internet. Related services provided to members are planned to include credit
verification, delivery scheduling, inspection services and payment settlement.
The Company plans to implement these features upon obtaining adequate financing.

Industry Classifieds

The Company's classified system allows users to post classified advertisements
on the Internet, including new and used stone fabricating equipment, employment
opportunities, transportation services, and natural stone products.


<PAGE>


The Company has implemented a beta system on its vertical trade portal which
allows users to place an advertisement independently by completing and
submitting a form online. The Company plans to augment this service in future to
allow users continued access to their advertisement in order to edit the
advertisement. No commissions will be charged by slabsdirect.com on the sale of
any products advertised on its classified system. However, the Company believes
that it may be able to charge fees for advertisements once the portal is firmly
established in the industry.

Industry News

The Company has established a preliminary industry news center relating to the
natural stone industry on its vertical trade portal. The industry news center is
designed to cater to the needs of architects, designers, construction
professionals, home owners and natural stone fabricators. The Company plans to
supply information and news on the following subjects:

                  Industry Events and Trade Shows
                  Industry Awards
                  Information on Natural Stone Care Products
                  Information on Stoneworking Machinery
                  Information on Installation Techniques
                  Information on Natural Stone Design

The Company plans to license the content required for its industry news center
from other websites and industry publications.

Industry Links

The Company's vertical trade portal will also provide a directory of industry
specific links to other websites on the Internet which will allow the natural
stone enthusiast to conveniently move through the Company's portal to other
websites. The Company plans to index these links geographically in order to
assist the user in obtaining geographically relevant information. To date, links
have been established for the following categories:

                  Design Resources
                  Trade Associations
                  Trade Shows

Market

According to the U.S. Department of Commerce, U.S. imports of natural stone
totaled over $519.78 million in 1998 as compared to $418.35 million in 1993, for
a 24% increase in stone imports over the five-year period. Granite showed the
most dramatic increase, rising from a cumulative import value of nearly $109.4
million in 1993 to $173.63 million in 1998, an increase of 59%. This increase
can largely be attributed to an increasing preference by homeowners to use
granite as a countertop material, taking some of the market share away from
man-made materials. Informstone Consulting has estimated the size of the global
natural stone market in the U.S. in 1998 to be 60 million tonnes worth USD$20
billion. The Company plans to service this market with its vertical trade
portal.

The Company plans to create consumer awareness and create branding of its
website through some or all of the following methods:


<PAGE>


                  Internet
                  Radio
                  Print Ad
                  Public Relations
                  Television
                  Trade Shows
                  Other Advertising

The Company expects that it will require additional funding of approximately
$500,000 in order to implement its plan of business.

Distribution

The Company plans to offer access to its vertical trade portal free of charge to
Internet users. However, to participate in the auction marketplace users will be
required to first register. The Company's vertical trade portal will also
provide regularly updated industry-related news. The use of updated news,
together with numerous color photographs, is intended to capture the attention
of Internet users interested in natural stone.

The Company plans to generate revenues on a commission basis from sales
transactions made through the auction marketplace. In addition, upon the
vertical trade community reaching critical mass, the Company intends to begin
selling advertising space on the pages of its portal and charging fees for
classified advertisements.

To establish its vertical trade portal, the Company has retained the services of
Servo Technology Management, a website development company located in Vancouver,
British Columbia. The Company expects that Servo Technology Management will be
able to develop and establish a vertical trade portal in a timely and
cost-effective manner. However, the Company has identified numerous alternative
website development providers which can also meet its needs, if required.

Management plans to establish relationships with manufacturers and distributors
of natural stone products in North America and Europe in order to cross promote
its vertical trade portal and develop awareness for its auction marketplace.
While the Company has no such relationships at present, management feels
confident that it will be able to establish these relationships by drawing on
past experience in the natural stone industry. Failure to establish these
relationships could have a material adverse effect upon the Company's business
plan.

Management also plans to create the initial information content used at the
Company's vertical trade portal by drawing on past experience in the commercial
stone industry. The Company plans to hire new employees to internally create and
then expand the content of its website, utilize linking software to incorporate
other websites' free information directly into the Company's "host" site, and
contract for licensed content from other websites whenever needed. The Company's
business plan includes a budget of $50,000 per year for licensing fees, which
management believes is adequate for the Company's needs. While the Company has
no current licensing contracts with Internet content providers, management is
familiar with existing Internet content providers and the Company plans to enter
into licensing agreements with Internet content providers per its business plan
after raising capital.



<PAGE>


Patents, Trademarks and Licenses

The Company owns its Internet domain name and the Company plans to apply for
U.S. trademark protection upon obtaining adequate financing. The Company plans
to license website content information as part of its business plan, but has no
current licensing arrangements and has not commenced licensing negotiations with
any entity. The Company has no current plans for any additional registrations
such as patents, other trademarks, copyrights, franchises, concessions, royalty
agreements or labor contracts. The Company will assess the need for any
additional copyrights, trademark or patent applications on an ongoing basis as
new intellectual property is created for its website.

Employees

The Company currently has no full-time employees and one part-time employee,
that being Steven Bruk, who is the Company's sole officer and director. Mr. Bruk
is involved in other business activities to which he devotes substantially all
of his time and participates in the running of the Company on a part-time basis
as needed. Mr. Bruk has been paid a consulting fee of $675 per month from
January, 2000 to and including March, 2001. From April to December 2001 no
consulting fees were paid. Hiring of other management, staff and consultants
will occur incrementally as funds become available and the need arises. The
Company has no collective bargaining agreements or employment agreements in
existence.

Item 2.     Description of Property

The Company has no material assets and, as such, the Company neither owns nor
leases any real or personal property. On March 1, 2001 the Company moved from
its leased premises at Suite 216, 2438 Marine Drive, West Vancouver, BC V7V 1L2
to space located at 3230 Mathers Avenue, West Vancouver, BC V7V 2K5, which is
owned by Steven Bruk, the Company's President. The space is a total of 250
square feet, for which the Company is not charged any rent. The Company believes
that this space is sufficient for its current requirements and plans to seek
additional space upon completion of an equity financing.

ITEM 3.     LEGAL PROCEEDINGS

The Company is not, and does not anticipate being a party to any legal
proceedings in the foreseeable future.

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

No matters were submitted during the fiscal year covered by this report to a
vote of security holders of the Company, through the solicitation of proxies or
otherwise.

ITEM 5.   MARKET FOR THE COMPANY'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

(a) The Company's common stock is not quoted on any exchange and there is no
public trading market.

(b) As of February 28, 2002, the Company had approximately 27 shareholders of
record of the common stock.

(c) Holders of the Company's common stock are entitled to receive such dividends
as may be declared by the Board of Directors. The Board of Directors is not


<PAGE>

obligated to declare a dividend. No dividends on outstanding common stock have
been paid since inception. The Company does not anticipate or intend upon paying
dividends for the foreseeable future.

(d)   Recent Sales of Unregistered Securities

In April of 2000 2,499,600 shares of common stock were issued to twenty-four
investors, all resident in the State of Missouri, for an aggregate of $24,996.
These transactions were exempted from registration pursuant to Rule 504 of the
Securities Act of 1933.

In March of 2001 312,500 shares of common stock were issued to a company for
$62,500 cash. This transaction was exempted from registration pursuant to
section 4(2) of the Securities Act of 1933.

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

The following discussion contains forward-looking statements that are subject to
significant risks and uncertainties. There are several important factors that
could cause actual results to differ materially from historical results and
percentages and results anticipated by the forward-looking statements. The
Company has sought to identify the most significant risks to its business, but
cannot predict whether or to what extent any of such risks may be realized nor
can there be any assurance that the Company has identified all possible risks
that might arise. Investors should carefully consider all of such risks before
making an investment decision with respect to the Company's stock. In
particular, investors should refer to the section entitled, "Risk Factors that
May Affect Future Results".

Plan of Operation

During the next twelve months, the Company plans to concentrate its efforts on
raising capital funding through the sale of equity securities in order to
advance its business plan. Because the Company remains essentially a start-up
development company with limited capital resources, it may be necessary for the
President to either advance funds to the Company, or to accrue expenses until
such time as this additional financing can be made. Management intends to hold
expenses to a minimum and to obtain services on a contingency basis when
possible until the Company is able to secure additional financing to launch
operations.

Management has made initial progress in implementing its business plan by
registering its Internet domain name on the Internet and setting up a beta
website - www.slabsdirect.com. The Company will only be able to continue to
advance its business plan after it receives capital funding through the sale of
equity securities. After raising capital, management intends to hire employees,
rent commercial office space in Vancouver, British Columbia, purchase furniture
and equipment, continue development of website operations and establish
commercial relationships with natural stone producers, distributors and content
providers. The Company intends to use its equity capital to fund its business
plan during the next twelve months, as cash flow is not estimated to begin until
year two of the business plan.

The Company will face considerable risk in each of its business plan steps,
including: difficulty of hiring competent personnel within projected budgets,
longer than anticipated website programming requirements, and a shortfall of
funding due to an inability to raise capital in the equity securities market. If
no funding is received during the next twelve months, the Company will be forced
to rely on its existing cash in the bank and funds loaned by a non-related
company. The Company's officers and directors have no formal commitments or
arrangements to advance or loan funds to us. In such a restricted cash flow
scenario, the Company would be unable to complete its business plan steps, and
would, instead, delay all cash intensive activities. Without necessary cash
flow, the Company may be dormant during the next twelve months, or until such
time as necessary funds could be raised in the equity securities market.




<PAGE>

Revenues

The Company has generated no revenues from operations since its inception and
does not anticipate earning revenues from operations until after additional
financing can be obtained and operations can be launched.

Costs and Expenses

During the fiscal year covered by this reporting period, the Company has
incurred costs of $3,264 for management fees, $24,360 for professional fees,
$8,230 for office and other miscellaneous expenses, and $3,046 for development
costs. Sale of the Company's equity securities has allowed the Company to
maintain a positive cash flow balance.

Liquidity and Capital Resources

As at December 31, 2001, the Company has sold $88,246 in equity securities.
Funds from these financings have been used to pay for the organizational and
development expenses of the Company to date. At December 31, 2001, the Company
had cash and accounts receivables of $22,952.

While the Company has raised capital to meet its working capital and financing
needs in the past, additional financing is required in order to fully launch
operations. The Company is seeking financing in the form of equity in order to
provide the necessary working capital. The Company currently has no commitments
for financing. There are no assurances the Company will be successful in raising
the funds required.

In March 2001, the Company was able to raise $62,500 in a sale of equity
securities which will be used to further the Company's plan of business in an
effort to launch operations.

The Company believes that its existing capital resources will be sufficient to
fund its current level of operating activities, capital expenditures and other
obligations through the next three months. However, if during that period or
thereafter, the Company is not successful in generating sufficient liquidity
from operations or in raising sufficient capital resources, on terms acceptable
to the Company, this could have a material adverse effect on the Company's
business, results of operations, liquidity and financial condition.

Cash requirements and need for additional funds

The Company's business plan encompasses the following steps to establish its
vertical trade portal: raise capital of $500,000 through the sale of equity
securities via a private placement during months one through six, during months
seven through twelve budget $100,000 for development of its website (including
$50,000 for content materials and licenses), $30,000 for one marketing manager
to handle advertising and sponsor revenues, $20,000 for one office staff
assistant, $100,000 for purchase of computers and fixed assets, $200,000 for
advertising, and $50,000 for rent and other operating expenses.

There are no current plans for additional product research and development. The
Company plans to purchase approximately $150,000 in furniture, computers,
software, Internet content materials and related licenses during the next twelve
months from proceeds of its equity security sales. The Company anticipates an
increase to two employees during the next twelve months.



<PAGE>


Discussion and Analysis of Financial Condition and Results of Operations
------------------------------------------------------------------------

Operations and results for the past year ended December 31, 2001: Activity
during the past year has been confined to industry research, the identification
of markets and development of a website.

Future Prospects: The Company is unable to predict when it may launch intended
operations, or failing to do so, when and if it may elect to participate in a
business acquisition opportunity. The reason for this uncertainty arises from
its limited resources, and competitive disadvantage to other public or
semi-public issuers, and new uncertainties about compliance with NASD
requirements for trading on the OTCBB. Notwithstanding the conditions, the
Company expects to develop a capital formation strategy and launch operations
during the next twelve to eighteen months.

Reverse Acquisition Candidate: The Company is not currently searching for a
profitable business opportunity. This contingency is disclosed for the
possibility that the Company's intended business might fail. The Company is not
presently a reverse acquisition candidate. Should the Company's business fail,
management does not believe the Company would be able to effectively, under
current laws and regulations, attract capital, and would be required to seek
such an acquisition to achieve profitability for shareholders.

Risk Factors that May Affect Future Results

The business of the Company involves a number of risks and uncertainties that
could cause actual results to differ materially from results projected in any
forward-looking statement, or statements, made in this report. These risks and
uncertainties include, but are not necessarily limited to the risks set forth
below. The Company's securities are speculative and investment in the Company's
securities involves a high degree of risk and the possibility that the investor
will suffer the loss of the entire amount invested. While management believes
its estimates of projected occurrences and events are reasonable, there can be
no guarantees or assurances that the results anticipated will occur. Despite
management's belief that the Company can effectively compete because of its past
experience in the natural stone market, the Company's ability to succeed will
depend upon a number of factors, including, but not limited to, its ability to
secure funding, create consumer awareness and branding of its Website, assemble
and then periodically enhance its Website quickly enough to encourage users to
increase time spent at the site, and develop and implement a delivery function
for natural stone products ordered through its Website.

Limited operating history; anticipated losses; uncertainty of future results

The Company was organized in January 2000, and has no operating history upon
which an evaluation of its business and prospects can be based. The Company's
prospects must be evaluated with a view to the risks encountered by a company in
an early stage of development, particularly in light of the uncertainties
relating the acceptance of the Company's business model.

The Company will be  incurring  costs to develop,  and enhance its  website,  to
establish marketing relationships,  and to build an administrative organization.
There can be no assurance  that the Company will be profitable on a quarterly or
annual  basis.  In addition,  as the Company  expands its  business  network and
marketing  operations  it will likely need to increase its  operating  expenses,
broaden its customer  support  capabilities,  and  increase  its  administrative
resources.  To the extent that such  expenses are not  subsequently  followed by
commensurate  revenues,  the  Company's  business,  results  of  operations  and
financial condition will be materially adversely affected.


<PAGE>


Possible Need for Additional FinancingIt is possible that revenues from the
Company's operations may not be sufficient to finance its initial operating cost
to reach breakeven. If this were to occur, the Company would need to raise or
find additional capital. While the Company expects to be able to meet its
financial obligations for approximately the next three months, there is no
assurance that, after such period, the Company will be operating profitably. If
the Company is not able to meet these obligations, there can be no assurance
that any required capital will be obtained on terms favorable to the Company.
Failure to obtain adequate additional capital on favorable terms could result in
significant delays in the expansion of new services and market share and could
even result in the substantial curtailment of existing operations and services
to clients.

Unpredictability  of  Future  Revenues;   Potential  Fluctuations  in  Quarterly
Results.

As a result of the Company's lack of operating history and the emerging
nature of the market in which it competes, the Company is unable to forecast its
revenues accurately. The Company's current and future expense levels are based
largely on its investment/operating plans and estimates of future revenue and
are to a large extent based on the Company's own estimates. Sales and operating
results generally depend on the volume of, timing of, and ability to obtain
customers, orders for services received, and revenues therefrom generated. These
are, by their nature, difficult at best to forecast.

The Company may be unable to adjust  spending in a timely  manner to  compensate
for any unexpected  revenue  shortfall or delay.  Accordingly,  any  significant
shortfall or delay in revenue in relation to the Company's planned  expenditures
would have an immediate  adverse  affect on the  Company's  business,  financial
condition,  and results of  operations.  Further,  in response to changes in the
competitive environment, the Company may from time to time make certain pricing,
service, or marketing decisions that could have a material adverse effect on the
Company's business, financial condition, operating results, and cash flows.

Developing Market;  Acceptance of the Internet as a Medium for Commerce Just Now
Being Proven.

The Company's long-term viability is substantially dependent upon the continued
widespread acceptance and use of the Internet as a medium for business commerce,
in terms of the sales of both products and services to businesses and
individuals. The use of the Internet as a means of business sales and commerce
has only recently reached a point where many companies are making reasonable
profits from their endeavors, and there can be no assurance that this trend will
continue.

The Internet has experienced, and is expected to continue to experience,
significant growth in the number of users and amount of traffic. There can be no
assurance that the Internet infrastructure will continue to be able to support
the demands placed on it by this continued growth. In addition, delays in the
development or adoption of new standards and protocols to handle increased
levels of Internet activity or increased governmental regulation could slow or
stop the growth of the Internet as a viable medium for business commerce.
Moreover, critical issues concerning the commercial use of the Internet
(including security, reliability, accessibility and quality of service) remain
unresolved and may adversely affect the growth of Internet use or the
attractiveness of its use for business commerce.

The failure of the necessary infrastructure to further develop in a timely
manner, or the failure of the Internet to continue to develop rapidly as a valid
medium for business would have a material adverse effect on the Company's
business, financial condition, operating results, and cash flows.



<PAGE>


Unproven Acceptance of the Company's Services and/or Products

The Company is still in its development stage. As a result, it does not know
with any certainty whether its services and/or products will be accepted within
the business marketplace. If the Company's services and/or products prove to be
unsuccessful within the marketplace, or if the Company fails to attain market
acceptance, it could materially adversely affect the Company's financial
condition, operating results, and cash flows.
Dependence on Key Personnel

The Company's performance and operating results are substantially dependent on
the continued service and performance of Steven Bruk, the Company's only officer
and director. The Company intends to hire technical, sales, and other personnel
as it moves forward with its business model. There can be no assurance that the
Company will be able to retain any key employees, or that it will be able to
attract or retain highly qualified technical and managerial personnel in the
future. The loss of the services of Mr. Bruk or the inability to attract and
retain the necessary technical, sales, and other personnel could have a material
adverse effect upon the Company's business, financial condition, operating
results, and cash flows. The Company does not currently maintain "key man"
insurance on Mr. Bruk.

Dependence on Continued Growth in Use of the Internet

The success of the Company's business depends, in part, on continued acceptance
and growth in the use of the Internet for business commerce and would suffer if
Internet usage does not continue to grow. Internet usage may be inhibited for a
number of reasons, such as:

o     Inadequate network infrastructure.
o     Security concerns.
o     Inconsistent quality of service.
o     Lack of available cost-effective, high-speed service.
o     The adoption of new standards or protocols for the Internet.
o     Changes or increases in government regulation.

Online companies have experienced interruptions in their services as a result of
outages and other delays occurring due to problems with the Internet network
infrastructure, disruptions in Internet access provided by third-party providers
or failure of third party providers to handle higher volumes of user traffic. If
Internet usage grows, the Internet infrastructure or third-party service
providers may be unable to support the increased demands which may result in a
decline of performance, reliability or ability to access the Internet. If
outages or delays frequently occur in the future, Internet usage, as well as
usage of the Company's Internet Web-site, could grow more slowly or decline.

Competition

Competition for Internet products and services is intense. The Company expects
that competition will continue to intensify. Barriers to entry are minimal, and
competitors can launch new Websites at a relatively low cost. Several companies
offer competitive vertical trade communities and the Company expects that
additional companies will offer competing vertical trade communities on a
standalone or portfolio basis. Competitors may develop Internet products or
services that are superior to, or have greater market acceptance than, the
Company's vertical trade portal. If the Company is unable to compete
successfully against its competitors, the business, financial condition and
operating results will be adversely affected.


<PAGE>


Virtually all of the Company's competitors have greater brand recognition and
greater financial, marketing and other resources than the Company. This places
the Company at a disadvantage in responding to competitors' pricing strategies,
technological advances, advertising campaigns, strategic partnerships and other
initiatives. The Company's future success depends upon its ability to deliver
compelling Internet content about the natural stone industry that will attract
users who will in turn purchase natural stone products through the Company's
auction marketplace. If the Company is unable to develop Internet content that
attracts a loyal user base, it could have a material adverse effect on the
business, financial condition and operating results.

Internet users can freely navigate and instantly switch among a large number of
Websites. Many of these Internet sites offer original content. Thus, it may be
difficult for the Company to distinguish its content and attract users. To be
successful, the Company must establish and strengthen the brand awareness of the
"slabsdirect.com" brand. The Company believes that brand recognition will become
more important in the future with the growing number of Internet sites. The
Company's brand awareness could be diluted, which could adversely affect the
business, financial condition and operating results if users do not perceive its
products and services to be of high quality. Proprietary rights are important to
the Company's success and its competitive position.

Risks of Potential Government Regulation and Other Legal Uncertainties  Relating
to the Internet

The Company is not currently subject to direct federal, state, or local
regulation in the United States and Canada other than regulations applicable to
businesses generally or directly applicable to electronic commerce. However,
because the Internet is becoming increasingly popular, it is possible that a
number of laws and regulations may be adopted with respect to the Internet.
These laws may cover issues such as user privacy, freedom of expression,
pricing, content, and quality of products and services, taxation, advertising,
intellectual property rights and information security. Furthermore, the growth
of electronic commerce may prompt calls for more stringent consumer protection
laws. The adoption of such consumer protection laws could create uncertainty in
Internet usage and reduce the demand for all products and services.

In addition, the Company is not certain how its business may be affected by the
application of existing laws governing issues such as property ownership,
copyrights, encryption, and other intellectual property issues, taxation, libel,
obscenity, and export or import matters. It is possible that future applications
of these laws to the Company's business could reduce demand for its products and
services or increase the cost of doing business as a result of litigation costs
or increased service delivery costs.

Because the Company's services will likely be available over the Internet in
multiple states, and possibly foreign countries, other jurisdictions may claim
that the Company is required to qualify to do business and pay taxes in each
state or foreign country. The Company's failure to qualify in other
jurisdictions when it is required to do so could subject the Company to
penalties and could restrict the Company's ability to enforce contracts in those
jurisdictions. The application of laws or regulations from jurisdictions whose
laws do not currently apply to the Company's business may have a material
adverse affect on its business, results of operations and financial condition.

Intellectual Property Rights

As part of its  confidentiality  procedures,  the Company  expects to enter into
nondisclosure  and  confidentiality  agreements with its key employees,  and any
consultants  and/or business  partners and will limit access to and distribution
of its technology, documentation, and other proprietary information.



<PAGE>

Despite the Company's efforts to protect any intellectual property rights it may
have, unauthorized third parties,  including competitors,  may from time to time
copy or  reverse-engineer  certain portions of the Company's  technology and use
such information to create competitive services and/or products.

It is possible that the scope, validity,  and/or enforceability of the Company's
intellectual  property  rights could be challenged by other  parties,  including
competitors.  The results of such  challenges  before  administrative  bodies or
courts depend on many factors which cannot be accurately  assessed at this time.
Unfavorable  decisions  by such  administrative  bodies or courts  could  have a
negative  impact  on  the  Company's  intellectual  property  rights.  Any  such
challenges,  whether with or without merit,  could be time consuming,  result in
costly  litigation  and  diversion of  resources,  and cause  service or product
delays. If such events should occur, the Company's  business,  operating results
and financial condition could be materially adversely affected.

The Company has not applied for any  trademarks,  though it does intend to do so
in the future. There is no guarantee that the Company's applications, when made,
will be accepted.  Although the Company seeks to protect its proprietary rights,
its actions may be inadequate to protect any  trademarks  and other  proprietary
rights or to prevent  others from claiming  violations of their  trademarks  and
other  proprietary  rights.  In  addition,  effective  copyright  and  trademark
protection may be unenforceable or limited in certain countries.

Risks of technology trends and evolving industry standards

The Company's market is characterized by rapid technological change and frequent
new product  announcements.  If the Company is unable to successfully respond to
these  developments  or if it does not  respond  in a  cost-effective  way,  its
business, financial condition and operating results will be materially adversely
affected. To be successful,  the Company must adapt to a rapidly changing market
by  continually  improving  the  responsiveness,  services  and  features of its
vertical trade portal and by developing new features to meet customer needs. The
Company's  success  will  depend,  in part,  on its  ability to license  leading
technologies  useful in its business,  enhance existing services and develop new
services and  technology  that address the needs of customers.  The Company will
also need to respond to technological  advances and emerging industry  standards
in a cost-effective and timely basis.

ITEM 7.     FINANCIAL STATEMENTS

Financial  Statements  and  Schedules.   The  following  consolidated  financial
statements for the Company are filed as part of this report:

o    Independent Auditor's Report for year ended December 31, 2001
o    Consolidated Balance Sheet at end of December 31, 2001
o    Consolidated Statement of Operations at end of December 31, 2001
o    Consolidated Statement of Stockholders' Equity at end of December 31, 2001
o    Consolidated Statement of Cash Flows at end of December 31, 2001
o    Notes to the Consolidated Financial Statements

All Financial Statement Schedules are omitted because they are not applicable or
the required information is shown in the consolidated financial statements or
notes thereto.



<PAGE>


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

Not applicable.

ITEM 9.     DIRECTORS AND EXECUTIVE OFFICERS

      The following table furnishes the information concerning the Company's
director and officer as of December 31, 2001. The director of the Company is
elected every year and serves until his successor is elected and qualifies.

Name  ......      Age         Title
------------      ---         ------------

Steven J. Bruk          35    President, Secretary,
                              Treasurer, Director

Steven J. Bruk has been an officer and  director of the  Company  since  January
2000.  Since October 1998 Mr. Bruk has been  providing  technology and marketing
consulting services to a number of businesses, including Eduverse.com, a company
engaged in developing  and  marketing  software  programs to assist  non-English
speaking  students in learning  spoken  English.  From September 1996 to October
1998 Mr. Bruk was a commercial realtor with Royal Lepage  Commercial,  Inc. From
September 1993 to September 1996 Mr. Bruk founded and operated  Silverado  Stone
Inc., an importer and value-added  manufacturer of marble, granite and limestone
products.  Mr.  Bruk holds a  Bachelor's  degree  from  Bishop's  University  in
Lennoxville, Quebec.

Compliance with Section 16(a) Beneficial Ownership Reporting Requirements

Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the
Company's executive officers and directors, and persons who own more than 10% of
the Company's common stock, to file reports of ownership on Form 3 and changes
in ownership on Form 4 or 5 with the Securities and Exchange Commission (the
"SEC"). Such executive officers, directors and 10% stockholders are also
required by SEC rules to furnish the Company with copies of all Section 16(a)
forms they file. Based solely upon its review of copies of such forms received
by it, or on written representations from certain reporting persons that other
filings were required for such persons, the Company believes that, during the
year ended December 31, 2001, its executive officers, directors and 10%
stockholders complied with all applicable Section 16(a) filing requirements.

ITEM 10.    EXECUTIVE COMPENSATION

The following table sets forth in summary form the compensation received by (i)
the Chief Executive Officer of the Company and (ii) each other executive officer
of the Company who received in excess of $100,000 during the fiscal year ended
December 2001.


<PAGE>

                                            Other                         All
                                            Annual  Restricted           Other
Name and                                    Compen-   Stock    Options   Compen-
Principal                     Salary Bonus  sation   Awards    Granted   sation
Position                 Year   ($)   ($)    ($)      ($)         #       ($)

Steven J. Bruk           2001    0     0   $3,264      0          0        0
President, Treasurer
Secretary and Director

Until funding is obtained, Mr. Bruk plans to spend approximately 25% of his time
on the  business  and  affairs  of the  Company.  The  Company  does not have an
employment contract or any compensatory plans or arrangement with Mr. Bruk.

There are no standard arrangements pursuant to which the Company's director is
compensated for any services provided as director. No additional amounts are
payable to the Company's director for special assignments.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following sets forth information as of December 31, 2001 with respect to the
Company's  common stock  beneficially  owned by the  Company's  only Officer and
Director  and by each person  known by the Company to own more than five percent
of the Company's common stock. Unless otherwise  indicated,  each owner has sole
voting and investment powers over his shares of common stock.

            Name and Address of                Shares             Percent
              Beneficial Owner                 Owned              of Class

            Steven J. Bruk                    7,500,000            73%
            3230 Mathers Avenue
            West Vancouver, BC  V7V 2K5

ITEM 12.    CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

On January 14, 2000 the Company sold 7,500,000 shares of its common stock to
Steve Bruk, the Company's only officer and director, for $750.

ITEM 13.    EXHIBITS AND REPORTS ON FORM 8-K

Exhibits

Number      Description

3.1         Articles of Incorporation of the Company           (1)
                                                            ------------

3.2         By-laws of the Company                             (1)
                                                            ------------


(1)   Incorporated by reference to the same exhibit filed with the Company's
      registration statement on Form 10-SB.

<PAGE>

Reports on Form 8-K

The Company did not file any current reports on Form 8-K during the three months
ended December 31, 2001.


<PAGE>


                          REPORT OF INDEPENDENT AUDITOR




To the Director of
slabsdirect.com, Inc.


We have audited the accompanying consolidated balance sheet of slabsdirect.com,
Inc. (a development stage enterprise) as of December 31, 2001 and December 31,
2000 and the related consolidated statements of operations and cash flows for
the year ended December 31, 2001, the initial period from date of incorporation,
January 14, 2000 to December 31, 2000 and the initial period from date of
incorporation, January 14, 2000 to December 31, 2001 and the consolidated
statement of stockholders' equity for the initial period from date of
incorporation, January 14, 2000 to December 31, 2001. 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 audits in accordance with auditing standards generally accepted
in the United States. Those standards require that we plan and perform an 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 provide 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 slabsdirect.com Inc.
at December 31, 2001 and December 31, 2000, and the results of its operations
and its cash flows for the year ended December 31, 2001, the initial period from
date of incorporation, January 14, 2000 to December 31, 2000 and the initial
period from date of incorporation, January 14, 2000 to December 31, 2001, in
conformity with accounting principles generally accepted in the United States.

The accompanying consolidated financial statements have been prepared assuming
that the Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company is in the development stage, has no
established source of revenue and is dependent on its ability to raise capital
from stockholders or other sources to sustain operations. These factors, along
with other matters as set forth in Note 1, raise doubt that the Company will be
able to continue as a going concern. The financial statements do not include any
adjustments that might result from the outcome of this uncertainty.






                                                  /s/ N.I. Cameron, Inc.
Vancouver, Canada,                                CHARTERED ACCOUNTANTS
February 21, 2002


<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                           Consolidated Balance Sheet
                     December 31, 2001 and December 31, 2000

                           (expressed in U.S. dollars)


                                     ASSETS

                                                     2001         2000

CURRENT
   Cash                                           $ 12,828    $    825
   Accounts receivable                              10,124         363
   Prepaid expenses and deposits                     3,000       3,000
                                               ----------- -----------

                                                 $  25,952    $  4,188
                                               =========== ===========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
   Accounts payable and accrued liabilities     $    8,601   $   5,437
   Loan payable                                          -       5,000
                                            --------------  ----------
                                                     8,601      10,437
                                               -----------    --------


STOCKHOLDERS' EQUITY
   Share capital (Note 3)
      Common stock - $0.0001 par value
      30,000,000 authorized; 10,312,100 issued
        and outstanding                              1,031       1,000
      Preferred stock - $0.0001 par value
        5,000,000 authorized                             -           -
   Additional paid-in capital                       87,215      24,746
   Deficit accumulated in the development stage    (70,895)    (31,995)
                                                 ----------   ---------
                                                    17,351     (6,249)

                                                 $  25,952  $    4,188
                                                 =========  ==========









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


<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                      Consolidated Statement of Operations
      For the Year Ended December 31, 2001, the Initial Period from date of
       Incorporation January 14, 2000 to December 31, 2000 and the Initial
     Period from Date of Incorporation January 14, 2000 to December 31, 2001

                           (expressed in U.S. dollars)


<TABLE>
        <S>                              <C>                    <C>                   <C>

                                                         Initial Period         Initial Period
                                                                   from                   from
                                                                Date of                Date of
                                                          Incorporation          Incorporation
                                      Year Ended    January 14, 2000 to    January 14, 2000 to
                                    December 31,      December 31, 2000      December 31, 2001
                                           2001
                                --------------------------------------------------------------

OPERATING EXPENSES
   Professional fees                     $24,360           $ 9,464                  $33,824
   Office and miscellaneous                4,357             7,394                   11,751
   Travel                                  3,873                 -                    3,873
   Management fees                         3,264             8,099                   11,363
   Development costs                       3,046             2,038                    5,084
   Consulting fees                             -             5,000                    5,000
                                -------------------------------------------------------------
LOSS FROM OPERATIONS                   $ (38,900)        $ (31,995)               $ (70,895)
                                =============================================================
LOSS PER SHARE, Basic and
   diluted                               $(0.004)          $(0.003)
                                ===================================
WEIGHTED AVERAGE NUMBER
   OF COMMON SHARES
   OUTSTANDING                        10,237,613         9,273,689
                                ===================================




</TABLE>











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


<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                 Consolidated Statement of Stockholders' equity
                       For the Initial Period from date of
               Incorporation January 14, 2000 to December 31, 2001

                           (expressed in U.S. dollars)


<TABLE>
        <S>                           <C>          <C>        <C>         <C>       <C>

                                                                       Deficit
                                                                     Accumulated
                                                          Additional   in the
                                     Number                Paid-in   development
                                    of Shares    Amount    Capital      Stage     Total
                                    ----------------------------------------------------
                                    ----------

Issuance of common stock            9,999,600   $ 1,000  $ 24,746      $    -  $ 25,746

Loss for the initial period ended
    December 31, 2000                       -         -         -    (31,995)  (31,995)
                                    ----------------------------------------------------

Balance, December 31, 2000          9,999,600     1,000    24,746    (31,995)   (6,249)
                                    ----------------------------------------------------

Issuance of common stock for cash     312,500        31    62,469          -    62,500

Loss for the year ended December            -         -         -    (38,900)  (38,900)
31, 2001
                                    ----------------------------------------------------

Balance, December 31, 2001          10,312,100  $ 1,031  $ 87,215   $(70,895)   $17,351
                                    ====================================================


</TABLE>




















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


<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                      Consolidated Statement of Cash Flows
      For the Year Ended December 31, 2001, the Initial Period from date of
       Incorporation January 14, 2000 to December 31, 2000 and the Initial
     Period from Date of Incorporation January 14, 2000 to December 31, 2001

                           (expressed in U.S. dollars)


<TABLE>
        <S>                               <C>                    <C>                   <C>

                                                           Initial Period       Initial Period
                                                                     from                 from
                                                                  Date of              Date of
                                                            Incorporation        Incorporation
                                        Year Ended    January 14, 2000 to  January 14, 2000 to
                                         December 31,   December 31, 2000    December 31, 2001
                                           2001
                                     -----------------------------------------------------------

OPERATING ACTIVITIES
 Loss for the period                       $(38,900)          $(31,995)         $(70,895)
  Add (Deduct): Changes in
operating assets  and liabilities
           Accounts receivable               (9,761)              (363)          (10,124)
      Prepaid expenses and deposits               -             (3,000)           (3,000)
           Accounts payable and
           accrued liabilities                3,164              5,437             8,601
                                     -----------------------------------------------------------
  Net cash used in operating                 (45,497)          (29,921)          (75,418)
activities                           -----------------------------------------------------------

FINANCING ACTIVITIES
 Increase (decrease) in loan payable          (5,000)             5,000                 -
  Issuance of share capital                    62,500            25,746            88,246
                                     -----------------------------------------------------------
  Net cash provided by financing               57,500            30,746            88,246
activities
                                     -----------------------------------------------------------

NET CHANGE IN CASH DURING
     THE PERIOD                                12,003               825            12,828

CASH AT BEGINNING OF THE PERIOD                   825                 -                 -
                                     -----------------------------------------------------------

CASH AT END OF THE PERIOD                     $12,828              $825           $12,828
                                     ===========================================================





</TABLE>







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


<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                December 31, 2001

                           (expressed in U.S. dollars)



1.    FORMATION AND BUSINESS OF THE COMPANY

   slabsdirect.com,  Inc. (the "Company") was  incorporated in Delaware,  U.S.A.
   on January 14, 2000.

   The Company is a development stage enterprise and its purpose is to establish
   a vertical trade portal on the Internet for the natural stone industry. The
   Company intends to provide a platform for users to research, source, contact
   and purchase natural stone products and services.

   These financial statements include  the  accounts  of  the  Company  and  its
   wholly-owned  subsidiary slabsdirect.com Online   (B.C.)   Ltd.    (the
   "Subsidiary"). The Subsidiary was incorporated in the  Province  of British
   Columbia, Canada on January 25, 2000.


   Going concern
   The accompanying consolidated financial statements have been presented
   assuming the Company will continue as a going concern. At December 31, 2001,
   the Company had accumulated $70,895 in losses and had no material revenue
   producing operations. At the date of this report, the Company's ability to
   continue as a going concern is dependent upon its ability to raise additional
   capital.


2.    SIGNIFICANT ACCOUNTING POLICIES

   Use of estimates
   The preparation of financial statements in conformity with generally accepted
   accounting principles requires management to make estimates and assumptions
   that affect the amounts reported in the financial statements and accompanying
   notes. Actual results could differ from these estimates.

   Reporting on Costs of Start-Up Activities
   Statement of Position 98-5 ("SOP 98-5"), "Reporting on the Costs of Start-Up
   Activities" provides guidance on the financial reporting of start-up costs
   and organization costs. It requires most costs of start-up activities and
   organization costs to be expensed as incurred. SOP 98-5 is effective for
   fiscal years beginning after December 15, 1998. With the adoption of SOP
   98-5, there has been no effect on the Company's financials statements.



<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                December 31, 2001

                           (expressed in U.S. dollars)



2. SIGNIFICANT ACCOUNTING POLICIES (cont'd)

   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 differences between financial and tax reporting.
   Deferred tax expense (benefit) results from the net change during the year of
   deferred tax assets and liabilities.

   Loss per share
   Net loss per share is provided in accordance with Statement of Financial
   Accounting Standards No. 128 (SFAS #128) "Earnings Per Share". Basic loss per
   share is computed by dividing losses available to common stockholders by the
   weighted average number of common shares outstanding during the period.
   Diluted loss per share reflects per share amounts that would have resulted if
   dilutive common stock equivalents had been converted to common stock. As of
   December 31, 2001, the Company had no dilutive common stock equivalents such
   as stock options.

   Foreign currency translation
   Unless otherwise stated, all amounts are in United States dollars. The
   functional currency of the Subsidiary is the Canadian dollar. Hence, all
   asset and liability amounts have been translated using the exchange rate as
   at December 31, 2000 and all expenses have been translated using the average
   exchange rate for the period. The rates used were as follows:

   (equivalent Cdn $ per U.S. $)

                               2001        2000
   December 31 rate           .6278       .6669

3.    SHARE CAPITAL

   Holders of the common stock are entitled to one vote per share and share
   equally in any dividends declared and distributions on liquidation.

   During the period ended December 31, 2000, the Company issued 7,500,000
   common shares for proceeds of $750.00 to the founder of the Company and
   completed a private placement of 2,499,600 common shares for proceeds of
   $24,996.

   During the year ended December 31, 2001, the Company issued 312,500 common
   shares for proceeds of $62,500.



<PAGE>


                              slabsdirect.com, Inc.
                        (a development stage enterprise)
                    Notes to Consolidated Financial Statements
                                December 31, 2001

                           (expressed in U.S. dollars)



4.    RELATED PARTY TRANSACTIONS

   During the period, the Company paid management fees of $3,264 (2000 - $8,099)
   and office expenses of $645 (2000 - $4,120) to a director and stockholder of
   the Company. These transactions have been recorded using the exchange amount.


5. FINANCIAL INSTRUMENTS AND CONCENTRATIONS OF CREDIT RISK

   The Company's financial instruments consist of cash, accounts receivable and
   accounts payable. It is management's opinion that the Company is not exposed
   to significant interest, currency or credit risks arising from these
   financial instruments. The fair value of these financial instruments
   approximate their carrying values.


6. INCOME TAXES

   At December 31, 2001, there were deferred income tax assets resulting from
   operating loss carryforwards for tax purposes totalling approximately $24,400
   (December 31, 2000 - $12,600) less a valuation allowance of $24,400 (December
   31, 2000 - $12,600). The valuation allowance increased by $11,800 during the
   year ended December 31, 2001 (2000 - $12,600).

   At December 31, 2001, the Company had net operating loss carryforwards for
   U.S. tax purposes of approximately $45,800 and Canadian tax purposes of
   approximately $25,000.



<PAGE>




                                   SIGNATURES


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

Date: March  5, 2002                      SLABSDIRECT.COM, INC.


                                          By:   /s/ Steven J. Bruk
                                               -------------------------------
                                                  Steven J. Bruk
                                                  President

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




 /s/ Steven J. Bruk                 Director                March  5, 2002
------------------------
Steven J. Bruk