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KauaiPI

03/02/04 8:17 PM

#856 RE: cbfromli #855

cbfromli~I'm just guessing but maybe folks are looking to see why the NT-10 was AGAIN filed?

PART III NARRATIVE

State below in reasonable detail why the Form 10-K, 11-K, 20-F 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.)

"The Registrant was unable to file its Form 10KSB within the prescribed time period due to unanticipated delays in preparation of data and other information regarding certain material operations of the Company. Such information is being completed and it is anticipated that the Company's Form 10-KSB will be completed and filed within 15 calendar days from the date of this notice."

from; http://tinyurl.com/2rdg8

3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

[ ] Yes [X] No

best!
kp