10KSB 1 file001.htm FORM 10KSB

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 10-KSB

[X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934

For the fiscal year ended October 31, 2004

Commission File Number 0-15382

GENER8XION ENTERTAINMENT, INC.
(Exact name as specified in its charter)

Delaware 13-3341562
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)

3400 W. Cahuenga Blvd.
Hollywood, CA 90068
(Address of principal executive office) (Zip Code)

Registrant's telephone number: (323) 874-9888

Securities registered under section 12(b) of the Exchange Act: None

Securities registered under section 12(g) of the Exchange Act: Common Stock,
$.01 par value

Check whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act during the last 12 months (or
for 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 here if there is no disclosure of delinquent filers in response to Item
405 of Regulation S-B contained in this form, and no disclosure will be
contained, to the best of the registrants' knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this 10-KSB or
any amendment to this Form 10-KSB. [x]

Registrant had no material revenues during the year ended October 31, 2004.

Aggregate market value of Registrants' voting and non-voting common equity held
by non-affiliates as of January 10, 2005 - approximately $3,700,000

Outstanding common stock, $.01 par value as of December 29, 2004:
15,158,750 shares

GENER8XION, ENTERTAINMENT, INC.
(A DEVELOPMENT STAGE COMPANY)
TABLE OF CONTENTS

PART I

Item 1. Description of Business

Item 2. Description of Property

Item 3. Legal Proceedings

Item 4. Submission of Matters to a Vote of Security Holders

PART II

Item 5. Market for Company's Common Equity and Related Stockholder Matters

Item 6. Management's Discussion or Plan of Operation

Item 7. Financial Statements

Item 8. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure
Item 8A - Control and Procedures
Item 8B - Other Information

PART III

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

Item 10. Executive Compensation

Item 11. Security Ownership of Certain Beneficial Owners and Management and
Related Stockholder Matters

Item 12. Certain Relationships and Related Transactions

Item 13. Exhibits

Item 14. Principal Accountant Fees and Services

SIGNATURES

EXHIBITS

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

We are including the following cautionary statement in this Annual Report on
Form 10-KSB to make applicable and take advantage of the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995 with respect to
forward-looking statements made by, or on behalf of the Company. Forward-looking
statements include statements concerning plans, objectives, goals, strategies,
future events or performance and underlying assumptions and other statements
that are other than statements of historical facts. From time to time, we may
make written or oral statements that are forward-looking including statements
contained in this report and other filings with the Securities and Exchange
Commission. These forward-looking statements are principally contained in the
sections captioned "Business" and "Management's Discussion and Analysis of
Operations". In those and other portions of this Form 10-KSB, the words
"anticipates", "believes", "estimates", "seeks", "expects", "plans", "intends",
and similar expressions as they relate to us or our management are intended to
identify forward-looking statements. All such forward-looking statements are
expressly qualified by these cautionary statements.

Forward-looking statements involve risks and uncertainties that could cause
actual results or outcomes to differ materially from those expressed in the
forward-looking statements. The forward-looking statements contained herein are
based on various assumptions, many of which are based, in turn, upon further
assumptions. Our expectations, beliefs and forward-looking statements are
expressed in good faith on the basis of management's views and assumptions as of
the time the statements are made, but there can be no assurance that
management's expectations, beliefs or projections will result or be achieved or
accomplished.

In addition to other factors and matters discussed elsewhere herein, the
following are important factors that, in our view, could cause actual results to
differ materially from those discussed in the forward-looking statements:
technological advances, impact of competition, dependence on key personnel and
the need to attract new management, effectiveness of cost and marketing efforts,
acceptances of products, ability to expand markets and the availability of
capital or other funding on terms satisfactory to us. We disclaim any obligation
to update forward-looking statements to reflect events or circumstances after
the date hereof.

PART I.

Item 1. Description of Business

In January 2005 the Company changed its name to Gener8Xion Entertainment, Inc.
"Registrant" or "Company" from CDMI Productions, Inc. and changed its state of
incorporation to Delaware.

The Company, which had changed its name to CDMI Productions, Inc. on September
13, 2002 from Gamogen, Inc., was incorporated under the laws of the State of New
York on March 17, 1986. On September 13, 2002 the Company consummated an
Agreement and Plan of Merger ("Agreement") whereby it combined with CDMI
Productions, Inc. a Delaware company ("CDMI - Delaware") which was organized on
November 13, 2001. The transaction has been accounted for as a reverse
acquisition for accounting purposes and the continuing business is that of CDMI
- Delaware. The Company has adopted October 31 as its fiscal year end.

Pursuant to the September 13, 2002 Agreement, the Company issued 1,500,000
shares of common stock to CDM Interactive, Inc. and 950,000 shares to Southridge
Group, LLC ("Southridge") for $.10 per share in cash and issued 2,169,689 shares
of common stock for all the issued and outstanding stock of CDMI - Delaware.
Southridge repaid the Company $55,000 as partial payment of a note receivable
and the balance of the note, approximately $99,000, was

credited to Southridge as payment for investment banking and other fees related
to the transaction.

The accounting treatment is that of the purchase method of accounting for
business combinations using the reverse acquisition method, with CDMI - Delaware
being the accounting acquirer under accounting principles generally accepted in
the United States. The assets and liabilities of the Company consist primarily
of cash and accrued expenses and are combined with those of CDMI - Delaware at
fair value, which is the same as historical cost. The statements of operations
subsequent to the combination will be those of the CDMI - Delaware. At the date
of the Agreement, the Company had no operations. The Company's latest fiscal
year ended February 28, 2002 and CDMI - Delaware's initial fiscal year ended
October 31, 2002.

The Company is a development stage company. In fiscal 2002 the Company began
leasing specialized lighting equipment to the entertainment industry and intends
to be a provider of sound stages and production facilities to the entertainment
industry worldwide. In addition, the Company intends to develop and produce
full-length motion pictures through autonomous entities. To date, the Company
has not been able to obtain the funds required to produce a motion picture.
There is no assurance that the Company will be able to raise the required funds,
or even if a movie is completed, there will be sufficient revenues to earn any
income therefrom.

The leased specialized equipment mentioned was purchased for approximately
$200,000 cash and leased under an operating lease for a five year term to a
company in which Carlos D. De Mattos was, at that time, a minority shareholder:
his interest in that company was sold in fiscal 2004. A company controlled by
Carlos D. De Mattos is the Company's principal shareholder. A company controlled
by Mr. De Mattos purchased the equipment from an unrelated party and the Company
immediately purchased the equipment from Mr. De Mattos by reimbursing that
company for the cost thereof. The lease provides an option for the lessee to
purchase the equipment at the end of the lease for its then fair market value.

During fiscal 2003, The Company purchased (from a company owned by a principal
shareholder of the Company) for $50,000, 100% of the outstanding common stock of
Luso American Securities - a Portuguese company ("LUSO"). LUSO has no operations
and its' assets consisted of cash of approximately $15,000 in cash and $5,000 of
office equipment. LUSO was expected to own a minority interest in Cinema City, a
proposed joint venture for the development of a motion picture and television
production facility in Sintra, Portugal. The excess of the purchase price over
the aforementioned assets of LUSO was charged to expense at the time of
acquisition. To conduct the business objectives associated with the Cinema City
venture the Company needed a subsidiary operating in Portugal. The purchase
price reflected an estimate of the cost of setting up the subsidiary and the
benefit of having it available at that time through the acquisition as opposed
to starting a new Portuguese subsidiary. Through October 31, 2004 there has been
no significant progress in the proposed joint venture

As a result of the Asset Purchase Agreement discussed in Note 7 to the financial
statements the Company's business is expected to change significantly.

ITEM 2. Description of Property

As of October 31, 2004, Registrant did not and currently does not own or lease
any real property. Through approximately March 2004, the Registrant occupied
office space on a month to month basis for $500 per month from a company
controlled by Carlos D. De Mattos; subsequently the Registrant does not occupy
office space on a regular basis.

In November 2004, the Company moved its headquarters to 3400 W. Cahuenga
Boulevard, Hollywood, California.

At October 31, 2004, the Company owned lighting equipment, which is being leased
to the lessor described above under an operating lease.

ITEM 3. Legal Proceedings

None

ITEM 4. Submission of Matters to a Vote of Security Holders

None

PART II

ITEM 5. Market for Company's Common Equity and Related Stockholder Matters

The Registrant is authorized to issue 50,000,000 shares of common stock, $.01
par value, of which 6,358,750 were issued and outstanding at October 31, 2004.
On that date, the Company's common stock was held by approximately 159
beneficial owners.

To our knowledge there has been only minimal trading in the Company's common
stock for the calendar years 2001, 2002 or for the period from January 1 to
October 31, 2004. Our common stock is traded on the Over-the Counter Bulletin
Board market under the symbol "CDMP" since September 2002 and "GAMN" prior
thereto. In January 2005 the Company's symbol was changed to "GNXE".The
following table sets forth the high and low closing bid quotations for the
common stock as reported by Pink Sheets, LLC and the NASDAQ Historical Data
Service for the periods indicated. These quotations represent interdealer
prices, without retail mark-up, mark-down or commission and may not represent
actual transactions.

YEAR ENDED YEAR ENDED PERIOD ENDED YEAR ENDED
December 31, 2001 December 31, 2002 October 31, 2003 October 31, 2004

High Low High Low High Low High Low
----- --- ---- ---- ---- ---- ---- ---
1st Qtr 1.75 0.34375 0.44 0.31 1.01 0.35 1.05 .20
2nd Qtr 0.30 0.30 0.45 0.24 1.25 0.70 1.01 .20
3rd Qtr 0.47 0.35 0.75 0.24 1.05 0.25 .70 .20
4th Qtr 0.455 0.25 0.44 0.24 1.05 0.22 1.01 .15

The Company has not declared or paid any cash dividends on the common stock and
does not anticipate that any cash dividends will be paid in the foreseeable
future.

Recent Sales of Unregistered Securities

Since February 28, 2002 (latest fiscal year end of Gamogen) the Company made the
following sales of stock without registration under the Securities Act of 1933
(the "Securities Act").

We issued shares of the Company's common stock to the following, for the
consideration set forth below:
1,500,000 shares of common stock to CDM Interactive, Inc. for $150,000.
950,000 shares of common stock to Southridge Group, LLC for $95,000.
2,169,689 shares of common stock to CDM Interactive, Inc. in exchange
for the issued and outstanding shares of the common stock of CDMI Productions,
Inc. (Delaware company).

2,640,000 shares of common stock to Matthew and Laurie Crouch in
connection with Assets Purchase Agreement dated November 18, 2004.

6,160,000 shares of common stock to Matthew Crouch in connection with
Employment Agreement with Matthew Crouch

In each of the transactions described above:

We did not use any underwriters or brokers and we paid no commissions
or underwriting discounts.

Wherever we received cash consideration, we used the proceeds for
working capital and other general corporate purposes.

These transactions are exempt from registration under the Securities
Act pursuant to Section 4 (2) of that Act, on the basis of one or more of the
following factors: we made the offers and sales to a limited number of
sophisticated investors, without public advertising or solicitation; each
investor had access to material information about the Company and the
opportunity to obtain further information; each investor acquired the securities
for investment and not with a view to resale or distribution thereof; and the
certificates representing the shares bear a legend restricting their transfer
except in compliance with applicable securities laws.

ITEM 6. Management's Discussion and Analysis or Plan of Operations.

This discussion, with the exception of historical financial information, may
consist of forward looking statements that involve risks and uncertainties,
including whether and when Registrant will have ongoing business operations.
Consequently, actual results may vary from management's expectations.

RESULTS OF OPERATIONS FOR THE YEAR ENDED OCTOBER 31, 2004 AS COMPARED TO THE
YEAR ENDED OCTOBER 31, 2003.

Rental income amounted to $51,576 for each of the years ended October 31, 2004
and 2003. Related depreciation expense was approximately $29,000 in each of
those years.

General and administrative expenses amounted to $92,019 for the year ended
October 31, 2004, compared to $200,573 for the year ended October 31, 2003.

During the quarter ended January 31, 2003 the Company's officers /employees and
consultant agreed not to receive compensation. From April 2003 through January
2004, the Company paid a portion of the compensation and accrued the balance.
Since February 2004, the Company discontinued paying or accruing regular
compensation to its officers/employees and consultant and is paying for services
rendered on a current basis only as services are provided. The decrease in
general and administrative expenses is principally the result thereof.

Interest expense amounted to $5,908 for the year ended October 31, 2004,
compared to $5,546 for the prior year. Interest expense relates to notes payable
to affiliates for borrowings.

State income taxes were $1,450 for the year ended October 31, 2004 and $2,183
for the prior year.

The Company incurred a net loss of $77,381 in fiscal 2004, compared to $186,070
for fiscal 2003. The reduced loss was principally the result of the reduced
compensation expenses discussed above.

RESULTS OF OPERATIONS FOR THE YEAR ENDED OCTOBER 31, 2003 AS COMPARED TO THE
PERIOD FROM NOVEMBER 13, 2001 (INCEPTION) TO OCTOBER 31, 2002.

Because the Company had no significant operations, it restricted its
administrative costs necessary to effect corporate operations. From November
2002 to April 2003 the Company's officers and consultants did not receive any
compensation and performed services without compensation. Such services were
minor. From May 2003 to October 2003, the Company's officers received a portion
of their compensation and a consultant received no payment for services
rendered; the balance of the officers' compensation and the amount of the
consultant's compensation for that period commencing May 2003 have been accrued.

General and administrative expenses amounted to $200,573 for the year ended
October 31, 2003 and $258,378 for the period from November 13, 2001 to October
31, 2002. The reduction of such expenses in the current year resulted
principally from reduced payroll costs from the reduction of personnel and the
reduced compensation of officers.

In fiscal 2003 the Company acquired 100% of the stock of a company located in
Portugal; in connection therewith approximately $30,000 start up costs were
incurred and charged to general and administrative expenses. Further, in fiscal
2002 the Company was engaged in the development of a motion picture, the project
was discontinued and costs of approximately $68,000 were expensed as part of
general and administrative expenses; no such costs were incurred in the current
fiscal year.

Rental income, net of related expense was $22,322 for the year ended October 31,
2003 compared to $16,867 for the 2002 period. The increase is due to the fact
that the lease began in the second quarter of 2002.

Interest expense amounted to $5,546 in the current year as a result of
borrowings during the year. There were no borrowings and therefor no such
expense in the prior year.

The Company incurred a net loss of $186,070 in fiscal 2003 and $241,511 in
fiscal 2002. The decrease in the net loss was primarily the result of reduced
expenses as discussed above.

LIQUIDITY AND CAPITAL RESOURCES

Historically, the Company's primary source of liquidity has been funds raised
from capital offerings to existing stockholders and borrowings from related
parties. The Company used $12,536 cash in operating activities in fiscal 2004
and $119,455 in fiscal 2003. The Company used $1,421 in fiscal 2004 and $4,083
in fiscal 2003 in investing activities for the purchase of office equipment. In
fiscal 2004 the Company used $4,692 for financing activities. In fiscal 2003
financing activities provided $144,064; the Company borrowed $100,000 (of which
$50,000 was from an affiliate of a principal stockholder. Further, in April
2003, the Company's principal stockholder remitted, after deducting the amount
($50,000) of a loan applicable to the

shareholder, $110,250 to the Company representing all profits realized on the
prohibited sale of the Company's common stock as required under Section 16 (b)
of the Securities Act of 1934.

The Company believes it has access to additional sources of debt to fund working
capital needs through October 31, 2005. The Company will require substantial
additional funds in order to expand its equipment leasing operations and develop
and produce motion pictures, product development, marketing and ongoing
operations. Further additional funds will be required to continue the operations
associated with the new distribution arrangement and other activities in which
the Company acquired after October 31, 2004. However, there can be no assurance
that additional debt or capital resources will be available to the Company. As
in the prior year, the Company's accountants had added a going concern paragraph
to their opinion, noting given operating losses incurred since inception and a
working capital deficiency, there is substantial doubt about the Company's
ability to continue as a going concern.

The Company's requirement for additional funds and its access to sources for
these funds may change significantly as a result of the Asset Purchase Agreement
discussed in Note 7 to the financial statements.

Critical Accounting Policies and Use of Estimates

The Company's significant accounting policies are described in Note 2 to the
Financial Statements, which have been prepared in accordance with accounting
principles generally accepted in the United States. In preparing the financial
statements, the Company is required to make estimates and judgements which
affect the results of operations and the reported value of assets and
liabilities. Actual results may differ from these estimates.

New Accounting Pronouncements

See Note 2 Summary of Significant Accounting Policies for discussion of the
Company's adoption of new accounting pronouncements.

ITEM 7 - FINANCIAL STATEMENTS

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders
of Gener8xion Entertainment, Inc.

We have audited the accompanying balance sheet of Gener8xion Entertainment, Inc.
(a development stage company) (formerly CDMI Productions, Inc.) as of October
31, 2004, and the related statements of operations, stockholders' equity, and
cash flows for the year then ended and for the period from November 13, 2001
(inception), to October 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
financial statement 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 Gener8xion Entertainment, Inc.
as of October 31, 2004 , and the results of its operations and its cash flows
for the year then ended and from November 13, 2004 (inception), to October 31,
2004, in conformity with accounting principles generally accepted in the United
States of America.

The accompanying 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 has incurred operating losses since inception
and has a working capital deficiency. These conditions raise substantial doubt
about its ability to continue as a going concern. Management's plans regarding
those matters also are described in Note 1. The financial statements do not
include any adjustments that might result from the outcome of this uncertainty.

/S/ Stonefield Josephson

Santa Monica, California
January 10, 2005

Report of Independent Registered Public Accounting Firm

Board of Directors and Shareholders
CDMI Productions, Inc.

We have audited the accompanying consolidated balance sheet of CDMI Productions,
Inc. (a development stage company) as of October 31, 2003, and the related
consolidated statements of operations, stockholders' equity, and cash flows for
the year ended October 31, 2003, the period from November 13, 2001 (inception)
to October 31, 2002 and for the cumulative period from November 13, 2001
(inception) to October 31, 2003. 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 also includes examining,
on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the consolidated financial position of CDMI Productions,
Inc. at October 31, 2003, and the consolidated results of its operations and its
cash flows for the year ended October 31, 2003, the period from November 13,
2001 (inception) to October 31, 2002 and for the cumulative period from November
13, 2001 (inception) to October 31, 2003, in conformity with U.S. generally
accepted accounting principles.

The accompanying consolidated financial statements have been prepared assuming
CDMI Productions, Inc. will continue as a going concern. As more fully described
in Note 1, the Company has incurred operating losses since inception and has a
working capital deficiency. These matters raise substantial doubt about the
Company's ability to continue as a going concern. Management's plans in regards
to these matters are more fully described in Note 1. The financial statements do
not include any adjustments to reflect the possible future effects on the
recoverability or classification of assets or the amounts and classification of
liabilities that may result from the outcome of this uncertainty.

/S/ERNST & YOUNG LLP

Los Angeles, California
January 7, 2004

Gener8Xion Entertainment, Inc.
(formerly CDMI Productions, Inc.)
(A Development Stage Company)
Consolidated Balance Sheet
October 31, 2004

ASSETS

Current assets:
Cash and cash equivalents $ 3,205
-----
Total current assets 3,205
Equipment:
Rental equipment $ 200,000
Other equipment 7,817
---------
207,817
Accumulated depreciation 82,915 124,902
--------- --------

Total assets $128,107
========

LIABILITIES AND STOCKHOLDERS' DEFICIENCY
Current liabilities:
Accrued liabilities $111,964
Advances from affiliates 9,500
Current portion of note payable 22,333
--------
Total current liabilities 143,797

Deferred rental income - related party 4,298

Note payable, less current portion 13,481

Stockholders' Deficiency:
Preferred stock, $0.01 par value -
5,000,000 shares authorized,
none issued and outstanding
Common stock, $0.01 par value,
50,000,000 shares authorized,
6,358,750 shares issued and
outstanding $ 63,588
Additional paid-in capital 407,905
Deficit accumulated during development
stage (504,962)
---------
Total stockholders' deficiency (33,469)
--------
Total liabilities and stockholders'
deficiency $128,107
========

See accompanying notes.

Gener8Xion Entertainment, Inc.
(formerly CDMI Productions, Inc.)
(A Development Stage Company)
Consolidated Statements of Operations

Cumulative
Period from
November 13, 2001
Year ended October 31, (inception) to
2004 2003 October 31, 2004
---- ---- ------------------

General and administrative expenses $ (92,019) $ (200,573) $ (550,970)

Rental income - related party 51,576 51,576 141,834

Rental expense - depreciation (29,580) (29,344) (80,739)

Interest expense (5,908) (5,546) (11,454)
---------- ---------- -----------
Loss before income taxes (75,931) (183,887) $ (501,329)

State income taxes 1,450 2,183 3,633
---------- ---------- -----------
Net loss $ (77,381) $ (186,070) $ (504,962)
========== ========== ===========
Net loss per common share - basic
and diluted $ (0.01) $ (0.03) $ (0.10)

Weighted average common shares
outstanding - basic and diluted 6,358,750 6,294,271 5,141,779

See accompanying notes.

Gener8Xion Entertainment, Inc.
(formerly CDMI Productions, Inc.)
(A Development Stage Company)
Consolidated Statements of Stockholders' Equity

Deficit
Subscription Accumulated
Common stock Receivable from Additional During
------------------ Stockholder for Paid-in Development
Shares Amount Common Stock Capital Stage Total
------ ------ ------------ ------- ----- -----

Balance at November 13, 2001
(inception)
Common stock subscribed for
subscription receivable on
November 13, 2001 2,169,689 $ 2,169 $ (2,169) $ - $ - $ -
Cash received for subscription
on March 26, 2002 2,169 2,169
Sale of common stock on
September 13, 2002 2,450,000 24,500 $220,500 245,000
Balances of
The Company
(formerly Gamogen, Inc.)
at date of merger 1,380,311 13,803 1,612,160 1,625,963
Reclassification of equity
accounts for merger 19,528 (1,665,491) (1,645,963)
Services and loans contributed
in excess of common stock
issued 50,491 50,491
Net loss for period from
inception (November 13, 2001)
to October 31, 2002 (241,511) (241,511)
---------------------------------------------------------------------------------
Balance at October 31, 2002 6,000,000 60,000 - 217,660 (241,511) 36,149
Common stock issued to
affiliates of principal
stockholders in settlement
of accrued liabilities 240,000 2,400 21,600 24,000
Common stock issued to
officer in payment of
accrued compensation 100,000 1,000 9,000 10,000
Common stock issued to
consultant for services 18,750 188 1,687 1,875
Amortization of fair value
of stock options issued 31,500 31,500
Gain realized by principal
Stockholder from prohibited
sale of common stock of the
Company 110,250 110,250
Net loss for the year ended
October 31, 2003 (186,070) (186,070)
---------------------------------------------------------------------------------
Balance at October 31, 2003 6,358,750 63,588 - 391,697 (427,581) 27,704
Amortization of fair value
of stock options issued 16,208 16,208
Net loss for the year ended
October 31, 2004 (77,381) (77,381)
---------------------------------------------------------------------------------
Balance at October 31, 2004 6,358,750 $63,588 $ - $407,905 $(504,962) $(33,469)
========= ======= ======== ======== ========= ========

See accompanying notes

Gener8Xion Entertainment, Inc.
(formerly CDMI Productions, Inc.)
(A Development Stage Company)
Consolidated Statements of Cash Flows

Cumulative
Period from
November 13, 2001
Year ended October 31, (inception) to
2004 2003 October 31, 2004
---- ---- ----------------

Operating Activities:
Net loss during development stage $ (77,381) $(186,070) $(504,962)
Adjustments to reconcile net loss to
net cash used in operating activities:
Depreciation 30,940 30,160 82,915
Stock compensation expense 16,208 31,500 47,708
Stock issued to consultant - 1 ,875 1,875
Changes in operating assets and
liabilities:
Other current assets - 500 -
Accrued liabilities 31,245 3,830 125,464

Receivable from affiliate (10,250) (1,250) (11,500)
Deferred rental income (4,298) - 4,298
Other liabilities 1,000 - 9,000
--------- --------- ---------
Net cash used in operating activities (12,536) (119,455) (245,202)
--------- --------- ---------
Investing Activities:
Purchase of rental and other equipment (1,421) (4,083) (207,817)
--------- --------- ---------
Net cash used in investing activities (1,421) (4,083) (207,817)
--------- --------- ---------
Financing Activities:
Advances (repayments) from affiliates - (14,192) 5,000
Sale of common stock - - 247,169
Cash received from affiliate from sale of stock - 60,250 60,250
Services and loans contributed in excess
of fair value of common stock issued - - 50,491
Borrowings from related parties 7,500 100,000 107,500
Repayment of borrowings-related parties (12,192) (1,994) (14,186)
--------- --------- ---------
Net cash provided by (used in)
financing activities (4,692) 144,064 456,224
--------- --------- ---------
Net increase (decrease) in cash
and cash equivalents (18,649) 20,526 3,205
Cash and cash equivalents at
beginning of period 21,854 1,328 -
--------- --------- ---------
Cash and cash equivalents at
end of period $ 3,205 $ 21,854 $ 3,205
========= ========= =========
Schedule of Non-Cash Transactions:
Settlement of borrowings from affiliates $ 50,500 $ - $ 50,500
Stock issued for liabilities 34,000 - 34,000

Cash paid for:
Interest $ 4,208 $ 2,546 $ 6,754
Taxes 1,475 2,620 4,095

See accompanying notes.

Gener8Xion Entertainment, Inc.
(formerly CDMI Productions, Inc.)
(A Development Stage Company

Notes to Consolidated Financial Statements

1. ORGANIZATION AND BASIS OF PRESENTATION

Gener8Xion Entertainment, Inc. - which changed its name from CDMI Productions,
Inc. (formerly Gamogen, Inc. - "Company") was incorporated on March 17, 1986 and
since September 1999 had no operations. On September 13, 2002 the Company
consummated an Agreement and Plan of Merger ("Agreement") and the following
transactions took place:

1. The Company sold 950,000 shares of common stock to its principal
shareholder and 1,500,000 shares to the parent company of CDMI
Productions, Inc. (a Delaware company) ("CDMI Delaware") at
closing of the merger, in each case for $0.10 per share.
2. The Company received $55,000 in December 2001 as a partial payment
of a note receivable from its principal shareholder. At closing,
the balance of the note was forgiven for investment banking and
similar services provided by the principal shareholder. The note
bore interest at 6-1/2 % a year and was due in November 2002.
3. The Company issued 2,169,689 shares of common stock in exchange
for all the outstanding shares of CDMI Delaware, which became a
wholly owned subsidiary of the Company.
4. The Company changed its name at that time from Gamogen, Inc. to
CDMI Productions, Inc.

The Merger has been accounted for as a business combination using the reverse
acquisition method, with CDMI - Delaware being the acquirer for accounting
purposes. The assets and liabilities of the Company (primarily cash and accrued
expenses) have been be combined with those of CDMI Delaware at historical cost
which was the same as fair value. The accounting treatment for the merger was
the purchase method of accounting with no change in the recorded amount of
assets and liabilities of either company since fair value and historical cost
were the same. The statement of operations and of cash flows of the Company
represents the operations of CDMI - Delaware since its inception on November 13,
2001 and Gamogen since the date of merger, September 13, 2002.

The Company is a development stage company. During fiscal 2002 it began leasing
specialized equipment to the entertainment industry; the Company intends to be a
provider of sound stages and production facilities to the entertainment industry
worldwide. In addition, the Company may expand its equipment leasing business
and may develop and produce full-length motion pictures through autonomous
entities. To date, the Company has not been able to obtain the funds required
for these purposes. There is no assurance that the Company will be able to raise
the required funds, or even if those activities take place, there will be
sufficient revenues to earn any income therefrom.

The consolidated financial statements include the accounts of the Company and
its wholly owned subsidiaries. Intercompany balances and transactions have been
eliminated in consolidation.

The consolidated financial statements have been prepared on a going-concern
basis which contemplates the realization of assets, and the satisfaction of
liabilities in the normal course of the Company's business. The Company's
ability to continue as a going concern is dependent upon various factors
including, among others, its ability to raise additional debt or equity
financing. For the years ended October 31, 2004 and 2003, the Company had a net
loss of $77,381 and 186,070, respectively and cash deficit from operations of
$12,536 and 119,455, respectively. The losses have adversely impacted the
Company's working capital. Management has reduced its operating costs and
believes that it will be able to raise additional debt or equity financing which
will be sufficient to sustain anticipated operations through October 31, 2005.
Accordingly, the financial statements do not include any adjustments to reflect
the possible future effects on the recoverability and classification of assets
or the amount or classification of liabilities that may result from the outcome
of this uncertainty.

The Company will require substantial additional funds in order to expand its
equipment leasing operations and develop and produce motion pictures, product
development, marketing and ongoing operations. There is no assurance that such
financing will be available or at terms which the Company can meet.

The Company's requirement for additional funds and its ability to obtain funds
may be significantly changed as a result of the Asset Purchase Agreement
subsequent to October 31, 2004 discussed in Note 7.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

USE OF ESTIMATES

The accompanying financial statements have been prepared in accordance with
accounting principles generally accepted in the United States which requires
management to make estimates and assumptions affecting the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at
the date of the financial statements and the reported amounts of revenue and
expenses during the reporting period. Actual results could differ from those
estimates.

EARNINGS PER SHARE

The Company computes earnings (loss) per share in accordance with Statement of
Financial Accounting Standards No. 128, "Earnings per Share." Basic earnings
(loss) per share is computed by dividing the net income (loss) for the period by
the weighted average number of shares outstanding during the period. Diluted
earnings (loss) per share is computed by dividing the net income (loss) for the
period by the weighted average number of shares outstanding during the period
including common stock equivalents.

There were no common stock equivalents outstanding for the years ended October
31, 2004 or 2003. Accordingly, a reconciliation of basic to diluted loss per
share is omitted since diluted loss per share equals basic loss per share for
those periods.

INCOME TAXES

The Company accounts for income taxes under Statement of Financial Accounting
Standards No. 109, "Accounting for Income Taxes" (SFAS 109). SFAS 109 is an
asset and liability approach that requires the recognition of deferred tax
assets and liabilities for the expected future tax consequences of events that
have been recognized in the Company's financial statements or tax returns. In
estimating future tax consequences, SFAS 109 generally considers all expected
future events other than enactment of changes in the tax law or rates. The
Company's available deferred tax asset of approximately $170,000 arising
primarily from the accumulated operating loss carryforwards, has not been
reflected in the financial statements because a deferred tax valuation allowance
has been recorded for the entire amount. The Company's federal net operating
losses of approximately $435,000 begin expiring in 2021.

As a result of the issuance of shares of common stock subsequent to October 31,
2004 discussed in Note 7 the amount of net operating losses available may be
materially reduced.

CASH AND CASH EQUIVALENTS

The Company considers all highly liquid debt instruments with original maturity
dates of 3 months or less when purchased to be cash equivalents. At October 31,
2004, there were no cash equivalents.

RECENT ACCOUNTING PRONOUNCEMENTS

The Company has considered all relevant recent accounting pronouncements. There
has been no material effect on the financial statements as a result of these
pronouncements.

3. ACQUISITION

In May 2003, the Company purchased (from a company owned by a principal
shareholder of the Company) for $50,000, 100% of the outstanding common stock of
Luso American Securities Portugal - a Portuguese company (LUSO"). LUSO has no
operations or liabilities and its' assets consisted of approximately $15,000
cash and $5,000 of office equipment. LUSO is expected to own a minority interest
in Cinema City, a proposed joint venture for the development of a motion picture
and television production facility in Sintra, Portugal. The excess
(approximately $30,000) of the purchase price over the aforementioned assets has
been charged to expense in fiscal 2003. There is no indication of any future
value applicable to such amount. To conduct the business objectives associated
with the Cinema City venture the Company needed a subsidiary operating in
Portugal. The purchase price reflected an estimate of the cost of setting up the
subsidiary and the benefit of having it available at that time through the
acquisition as opposed to starting up a new Portugal subsidiary.

4. RENTAL AND OTHER EQUIPMENT

Rental and other equipment is stated at cost. Depreciation is provided using the
straight-line method of depreciation over the estimated useful lives of the
related assets (rental equipment - seven years and other equipment - three
years).

Rental equipment consists of lighting equipment with a cost of $200,000 being
leased under an operating lease for a five year term expiring in 2007 (at an
annual rental of $51,576) to a company in which Carlos D. De Mattos was a
minority shareholder through April, 2004. A company controlled by Carlos D. De
Mattos is the Company's principal stockholder. A company controlled by Mr. De
Mattos purchased the equipment from an unrelated party and the Company
immediately purchased the equipment from Mr. De Mattos by reimbursing that
company for the cost thereof. The lease provides an option for the lessee to
purchase the equipment at the end of the lease for its then fair market value.

Rental income is recognized in the period in which the income is earned.

The Company's rental equipment and lease payments thereon are pledged as
collateral for its note payable. Such note is payable in monthly installments of
approximately $1,760, including interest at an annual rate of 12%, through June
2006. The long term portion of the debt at October 31, 2004 is payable in the
year ended October 31, 2006.

5. RELATED PARTY TRANSACTIONS

During the year ended October 31, 2003, the Company borrowed $50,000 from an
affiliate of a then principal stockholder. The funds were used to pay expenses
and for additional working capital. During the year, the Company applied the
proceeds received from the shareholder (as discussed in Note 6) against the
balance, together with accrued interest, owed to that stockholder.

General and administrative expenses include approximately $17,000 (year ended
October 31, 2004) and $42,000 (year ended October 31, 2003) for consulting fees
and expenses to a company controlled by its then principal stockholder. At
October 31, 2004 approximately $58,000 is unpaid and included in accrued
liabilities.

The Company rented office space on a month to monthly basis at $500 per month
from a company, in which an affiliate of the then principal stockholder of the
Company has an interest. Rent expense was $2,500 for the year ended October 31,
2004 and $6,000 for the year ended October 31, 2003. Since March 2004 the
Company is occupying space at a directors' s residence at no charge.

Accrued liabilities at October 31, 2004 includes the following:
Accrued consulting fees to a company owned by a principal shareholder $57,664
Accrued compensation to officer/director 26,200
Accrued compensation to former officer/director 23,100

6. SHAREHOLDERS' EQUITY

During the year ended October 31, 2003 the Company's principal stockholder
remitted to the Company the amount of all profits ($110,250) realized by the
stockholder from the prohibited sale of the Company's common stock as required
pursuant to Section 16 (b) of the Securities Act of 1934. This amount was
credited to additional paid-in capital.

At October 31, 2004, the Company has outstanding options (all granted during the
year ended October 31, 2003) for the purchase of 90,000 shares of common stock
at $.35 per share. . Options issued to directors of the Company included above
are accounted for pursuant to Accounting Principles Board Opinion 25,
"Accounting for Stock Issued to Employees" and related interpretations, and the
grant price equaled to the fair value on the date of grant. Pro forma operating
information, giving effect to the fair value of the options has not been
presented because the effect is not material.

In 2003 the Company granted 1,000,000 options which expired unexercised in the
year ended October 31, 2004. The fair value of the options at date of grant has
been charged to general and administrative expenses over the vesting period.

The Company had the option to retain the services of a consultant for quarterly
periods through February 2004 in exchange for the issuance of shares and options
for common stock. The agreement was terminated during the year ended October 31,
2003 and no further shares or options are issuable.

7. SUBSEQUENT EVENTS

On November 18, 2004, the Company entered into (1) an Asset Purchase Agreement
whereby it issued 2,640,000 shares of common stock to Matthew and Laurie Crouch
and (2) an Employment Agreement with Matthew Crouch whereby it issued 6,160,000
shares of common stock to Matthew Crouch. As a result Matthew and Laurie Crouch
own approximately 58% of the Company's issued and outstanding shares and Matthew
Crouch was appointed Chief Executive Officer and Chairman of the Board of the
Company..

Pursuant to the Asset Purchase Agreement the Company acquired all of the
worldwide distribution rights owned by Matthew and Laurie Crouch to the feature
film "One Night with the King" and to a proposed animated film project,
"Prodigal Son".

The term of the Employment Agreement is seven years and provides for a minimum
annual salary of $350,000

The accounting basis of the assets acquired is zero and therefore the
transaction will be recorded at such value on the Company's financial
statements.

Further in November 2004, the Company borrowed $50,000 from related parties. The
borrowings are payable in one year with interest at 5%.

Item 8. Changes in and Disagreements with Accountants on Auditing and Financial
Disclosures

In November 2004 the former accountants, Ernst & Young, LLP resigned. There were
no disagreements with that firm on auditing and financial disclosures. The
Company retained Stonefield Josephson, Inc. as their auditors for the year ended
October 31, 2004.

Item 8A - Controls and Procedures

(a) Evaluation of Disclosure Controls and Procedures

Our Chief Executive Officer, and Principal Financial and Accounting Officer,
after evaluating the effectiveness of our disclosure controls and procedures (as
defined in the Securities Act of 1934 Rules 13a-14(c) and 15d-14(c) as of a date
within 90 days of the filing date of this annual report on From 10-KSB (the
"Evaluation Date"), has concluded that as of the Evaluation Date, our disclosure
controls and procedures were adequate and effective to ensure that material
information relating to us would be made known to him by others within the
Company, particularly during the period in which this annual report on Form
10-KSB was being prepared.

(b) Changes in Internal Controls.

There were no significant changes in our internal controls or other factors that
could significantly affect our disclosure controls and procedures subsequent to
the Evaluation Date, nor any significant deficiencies or material weaknesses in
such disclosure controls and procedures requiring corrective actions. As a
result, no corrective actions were taken.

Item 8B - Other Information
Form 8-K:

Form 8-K filed under date of October 18, 2004 with respect to Items 4 and 5.

Form 8-K filed under date of November 23, 2004 with respect to Items 1, 3, 5
and 9

Part III

Item 9. Directors, Executive Officers, Promoters And Control Persons: Compliance
With Section 16(A) Of The Exchange

The current directors and officers of the Company are:

Matthew Crouch (age 43). Mr. Crouch became Chairman of the Board and
Chief Executive Officer on November 18, 2004. Since 1999 Mr. Crouch has been the
Chief Executive Officer of Gener8Xion Entertainment, Inc., an independent film
production company. Mr. Crouch served as Vice President of Trinity Broadcasting
Network, (an owner of TV stations throughout the world), where for 15 years he
oversaw all aspects of production for both the film and television divisions.

Carlos D. De Mattos (age 52). Mr. De Mattos became President and a
Director in January 2005. For the past five years he has been and he remains as
the Chairman of CDM Inc. (CDMI Ventures). Prior to founding CDMI Ventures, Mr.
De Mattos was the Founder and Principal of Hollywood Rental Production Services
and Olesen which are the nation's largest independent suppliers of complete
"one-stop" services to the entertainment industry, providing a wide range of
support services to entertainment producers across North America, including:
lighting, grip, transportation, generators, camera equipment, automated lighting
and theatrical equipment, as well as expendable supplies.

Mr. De Mattos is a co-recipient of two Technical Achievement Awards
from the Academy of Motion Picture Arts and Sciences in March 1983 and March
1985. He is also a co-recipient of a Technical Achievement Award from the
Academy of Television Arts and Sciences in September 1989. In June 1991, the
government of Portugal inducted him into the select membership of the
prestigious Order of Henry the Navigator as a Knight Commander. In July 1998, he
was awarded the Ernst & Young Entrepreneur of the Year Award for the Greater Los
Angeles area. He is a member of the Academy of Motion Picture Arts and Sciences
and the American Society of Cinematographers.

John R. Dempsey, Jr (age 33). Mr. Dempsey became a director and
temporary Chief Executive and Chief Financial officer effective October 18,
2004. On November 18, 2004 Mr. Dempsey resigned as Chief Executive Officer. Mr.
Dempsey is a senior consultant for Arthur Consulting Group where he performs
mergers and acquisition valuation and certain tax related valuation projects.
Prior thereto, Mr. Dempsey worked at Matthews Studio Group, Inc., a public
company in the motion picture equipment rental industry. Mr. Dempsey has an
undergraduate degree in finance from Villanova University and an MBA from
Pepperdine University.

Tom Newman (age 49), Mr. Newman became a director in January 2005. Mr.
Newman is the president of Impact Productions, Inc., which he founded in 1982.
For the past 22 years he has produced numerous works for stage, television and
stage. During the past three years he has received numerous awards for his
corporate, video and nationally broadcasted television commercials.

Ric Wake (age 38) Mr. Wake became a director in January 2005. From 1999
to 2003 he served as Sony Music Entertainment's Staff Producer and Senior Vice
President of A & R. Since that time he has served as president of Wake
Production and Notation Music, which he founded.

The Company has no standing audit, nominating or compensation committee. During
the year ended October 31, 2004, the Board of Directors held three meetings.
During the year ended

October 31, 2003, the Board of Directors held two meetings; Mr. Eccleston
attended one of the meetings in 2004 and the remaining directors attended all
meetings.

Each director holds office for a one-year term or until his successor has been
elected and qualified at the annual meeting of the Company's shareholders. The
members of the Board of Directors serve without remuneration for service on the
board. Corporate officers are appointed by the Board of Directors and serve at
the discretion of the Board.

The Company's officers, directors and beneficial owners of more than 10% of any
class of its equity securities registered pursuant to Section 12 of the
Securities Act of 1934 ("Reporting Persons") are required to file reports of
ownership and changes in beneficial ownership of the Company's equity securities
with the SEC. Copies of those reports must also be furnished to the Company.
Based solely on a review of the copies furnished to the Company pursuant to that
Act, the Company believes that during the year ended October 31, 2004 all filing
requirements applicable to Reporting Persons were complied with.

ITEM 10-. Executive Compensation

The following table discloses the compensation paid to Registrant's executive
officers during the years ended October 31, 2004 and 2003:

SUMMARY COMPENSATION TABLE

Awards Payouts
Name and Restricted Securities
Principal Other Stock Underlying Payments All other
Position Salary Bonus Compensation Awards Options Payment Compensation
------------------------------------------------------------------------------------------------

Jack Brehm,
CEO, CFO (2)
Fiscal 2004 $15,030 $ 300(1)
Fiscal 2003 22,000 2,200(1)

Marcos M.
De Mattos
Vice
President (2)
Fiscal 2004 10,500 600(1)
Fiscal 2003 24,100 3,000(1)

(1) Auto allowance.
(2) A portion of the fiscal 2004 and 2003 salary and other compensation of Mr.
Brehm and Mr. De Mattos is unpaid at October 31, 2004 and included in
accrued liabilities.

The Registrant reimburses officers and directors for travel and other expenses
incurred on behalf of Registrant. Registrant does not have a pension or profit
sharing plan.

ITEM 11. Security Ownership of Certain Beneficial Owners and Management and
Related Stockholder Matters

The persons set for the on the chart below are known to Registrant to be
beneficial owners of more than five percent of the Registrants' outstanding
common stock as of November 18, 2004. Information concerning the number and
percentage of shares of voting stock of Registrant owned on record and
beneficially by management is set forth on the chart below:

NAME AND ADDRESS AMOUNT AND NATURE OF PERCENT RELATIONSHIP
OF BENEFICIAL OWNER BENEFICIAL OWNERSHIP OF CLASS TO COMPANY

Matthew and Laurie Crouch
3400 W. Cahuenga Bvld.
Hollywood, CA 90068 8,800,000 58% CEO, Director

Carlos De Mattos
CDM Interactive, Inc.
1125 North Lindero Canyon Rd.
Suite A-8 #209 President,
Westlake Village, CA 91362 2,474,689(2) 16% Director

Yale Farar, trustee
Hillshire Trust
23679 Calabasas Rd. #412
Calabasas, CA 91302 1,182,100 8% Stockholder

Marcos M. De Mattos
4791 Parma Dr.
Oak Park, CA 91377 250,000 2% Vice President

All officers and directors as
a Group (4 individuals) 11,524,690 76%

(1) Under rules and regulations promulgated by the SEC, shares owned by CDM
Interactive, Inc. and of Hillshire Trust are deemed to be beneficially
owned by Mr. Carlos De Mattos and Mr. Yale Farar.
(2) Includes 250,000 shares owned by the dependent son of Carlos D. De Mattos.

ITEM 12. Certain Relationships and Related Transactions

During the period from March 1, 2002 to October 31, 2002, the Registrant
credited Southridge Group, LLC $99,251 against the note receivable and accrued
interest for investment banking and other services provided in connection with
the merger.

The Company paid or accrued consulting fees and expenses of approximately
$18,000 (year ended October 31, 2004) and 42,000 (year ended October 31, 2003)
to a company owned by Carlos De Mattos.

In the year ended October 31, 2003 the Company issued an aggregate of 240,000
shares of common stock in settlement of approximately $32,000 of accrued
consulting fees and expenses at October 31, 2002 and approximately $64,000 loans
from related parties.

During the year ended October 31, 2003, the Company borrowed $50,000 from an
affiliate of a principal stockholder. The funds were used to pay expenses and
for additional working capital. During the year, the Company's principal
stockholder remitted to the Company the amount of all profits ($110,250)
realized by the stockholder from the prohibited sale of the Company's common
stock as required pursuant to Section 16 (b) of the Securities Act of 1934. The
Company applied the proceeds against the balance, together with accrued
interest, owing to that stockholder. The Company's rental equipment and lease
payments thereon are pledged as collateral for the remaining loan. Such loan is
payable in 36 monthly installments of approximately $1,760, including interest
at an annual rate of 12%; through June 2006.

The Company rented office space through March 2004 on a month to month basis at
$500 per month from a company, in which an affiliate of the then principal
shareholder of the Company has an interest.

ITEM 13. Exhibits

Exhibits:
31.1 - Certification of CEO/CFO

32 - Certification of CEO/CFO pursuant to Section 906 of the Sarbanes-Oxley Act
of 2002, 18 U.S.C. Section 1350

ITEM 14. Principal Accountant Fees and Services

Fees paid to the Registrant's principal accountant for the audit of the annual
financial statements and review of the unaudited quarterly financial statements
were $6,000 for the year ended October 31, 2004 and $9,000 for the year ended
October 31, 2003.

There were no other fees paid or services provided in those years by such firms.

SIGNATURES

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

CDMI Productions, Inc.

/s/ Matthew Crouch
------------------
Matthew Crouch, Chief Executive Officer

/s/ Jack Brehm
--------------
Jack Brehm, Chief Financial Officer (principal accounting officer) and Director
through October 18, 2004

/s/ John R. Dempsey, Jr
-----------------------------
John R. Dempsey, Jr., Chief Financial Officer (principal accounting officer) and
Director subsequent to October 18, 2004

Dated: January 17, 2005

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the Registrant and in the capacities on the dates
indicated:

Signature Title Date

/s/ Carlos De Mattos President/Director January 17, 2005

/s/ Tom Newman Director January 17, 2005

/s/ Ric Wake Director January 17, 2005