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machiavelli01

05/03/04 11:18 AM

#112450 RE: speculator03 #112447

Ok spec sorry im holding there
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Teamlasvegas

05/03/04 11:22 AM

#112457 RE: speculator03 #112447

ARSW
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ARS NETWORKS INC files Form 10KSB, Annual Report

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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

____________________________________________________

FORM 10-KSB

(Mark One)

T ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JANUARY 31, 2004

o TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ________

Commission File No. 001-14883


ARS NETWORKS, INCORPORATED

(Exact name of issuer as specified in its charter)


New Hampshire
14-1805077

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


1207 Delaware Avenue, Buffalo, New York
14209

(Address of principal executive offices)
(Zip Code)


Registrant's telephone number, including area code: (716) 332-6143




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


Securities registered under Section 12(g) of the Exchange Act:
Common stock, par value $0.0001 per share

(Title of class)


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 Exchange Act of 1934 during the preceding twelve months (or 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 T No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not 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. T

State issuer's revenues for its most recent fiscal year: $40,000.

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of April 15, 2004: $0.0018

Indicate the number of shares outstanding of each of the registrant's classes of common stock as of April 8, 2004: 473,133,884.

Documents incorporated by reference: None.


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TABLE OF CONTENTS

Item 1. Business. ...............................................................................................................................................................
2
Item 2. Description of Property .......................................................................................................................................
9
Item 3. Legal Proceedings ................................................................................................................................................
9
Item 4. Submission of Matters to a Vote of Security Holders ....................................................................................
9
Item 5. Market for Common Equity and Related Stockholder Matters .....................................................................
10
Item 6. Management's Discussion and Analysis or Plan of Operation ....................................................................
11
Item 7. Financial Statements ............................................................................................................................................
15
Item 8. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure ...............
15
Item 8A. Controls and Procedures .....................................................................................................................................
16
Item 9. Directors, Executive Officers, Promoters and Control Persons; Compliance With Section 16(a)
of the Exchange Act .
16
Item 10. Executive Compensation ......................................................................................................................................
18
Item 11. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
20
Item 12. Certain Relationships and Related Transactions ..............................................................................................
20
Item 13. Exhibits and Reports on Form 8-K .......................................................................................................................
20
Item 14. Principal Accountant Fees and Services ............................................................................................................
22






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PART I


Item 1. Business.

We were originally organized in 1998 to design and develop advanced railway communications and data management systems. As such, we have a limited operating history. Our key corporate objectives and strategies for 2004 are:

To raise investment capital to make equity investments in operating companies to generate ongoing revenues for us;

To continue development of the Crosslogix and Refilter products so that these products can be brought to market.

To seek strategic partners with regard to these products to ensure adequate financing, development, production and sales for the ARS products.

We plan to change our name at some appropriate date as part of our plan to refocus our company in 2004 and beyond to benefit from investment opportunities.

We intend to enter into alliances that may differ . . .



View Entire Filing



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