U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-QSB

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

For the quarterly period ended June 30, 2002

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

Commission File Number: 000-49720

GenoMed, Inc.
(Exact name of Small Business Issuer as specified in its Charter)

Florida
(State or other jurisdiction of incorporation or organization)

43-1916702
(I.R.S. Employer Identification No.)

4560 Clayton Avenue, St. Louis, Missouri 63110
(Address of principal executive offices) (Zip Code)

(314) 344-1227
(Issuer's telephone number)

All Correspondence to:
Brenda Lee Hamilton, Esquire
Hamilton, Lehrer and Dargan, P.A.
2 East Camino Real, Suite 202
Boca Raton Florida 33432
561-416-8956

Check mark whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12
months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes X No
--- ---
APPLICABLE ONLY TO CORPORATE ISSUERS

As of August 15, 2002, we had 120,310,000 shares of our Common Stock
outstanding.

INDEX

PART 1. CONSOLIDATED FINANCIAL INFORMATION

Item 1. Consolidated Financial Statements

Consolidated Balance Sheet (unaudited) - June 30, 2002........... 3

Consolidated Statements of Operations (unaudited) for
the Three Months Ended June 30, 2001 and 2002, Period
From Inception (January 3, 2001) to June 30, 2001,
the Six Months Ended June 30, 2002 and the Period
From Inception (January 3, 2001) to June 30, 2002 .............. 4

Consolidated Statements of Cash Flows (unaudited) for
for the Period From Inception (January 3, 2001) to
June 30, 2001, the Six Months Ended June 30, 2002 and
the Period from Inception (January 3, 2001) to June
30, 2002........................................................ 5

Notes to Consolidated Financial Statements....................... 6-7

Item 2. Management's Discussion and Analysis and Plan of Operation....... 8-15

PART II. OTHER INFORMATION

Item 1. Legal Proceedings............................................... 15
Item 2. Changes in Securities and Use of Proceeds....................... 15
Item 3. Default Upon Senior Securities.................................. 15
Item 4. Submission of Matters to a Vote of Securities................... 15
Item 5. Other Information............................................... 16
Item 6. Exhibits and Reports on Form 8-K................................ 16-17

Signatures............................................................... 17

PART I. CONSOLIDATED FINANCIAL INFORMATION

Item 1. Consolidated Financial Statements (unaudited)

GenoMed, Inc.
(A Development Stage Company)
Consolidated Balance Sheet
June 30, 2002
(Unaudited)

Assets

Current assets:
Cash $ 12,641
Other current assets 3,005
-----------
Total current assets 15,646
-----------

Property and equipment, net 203,174
-----------
Other assets 8,151
-----------
$ 226,971
===========

Liabilities and stockholders' (deficit)

Current liabilities:
Accounts payable $ 27,748
Accrued expenses 30,947
Due to shareholder 46,023
Advances payable - affiliates 946,375
Advances payable 20,000
-----------
Total current liabilities 1,071,093
-----------
Stockholders' (deficit):
Common stock, $.001 par value,
1,000,000,000 shares authorized,
120,310,000 shares issued and outstanding 120,310
Additional paid in capital 2,208,016
Deferred compensation (910,000)
(Deficit) accumulated during the development stage (2,262,448)
-----------
(844,122)
-----------

$ 226,971
===========

See the accompanying notes to the consolidated financial statements.

GenoMed, Inc.
(A Development Stage Company)
Consolidated Statements of Operations
Three Months Ended June 30, 2001 and 2002,
Period From Inception (January 3, 2001) to June 30, 2001, the Six Months
Ended June 30, 2002 and the Period From Inception (January 3, 2001) to
June 30, 2002
(Unaudited)

Three Months Ended Six Months
------------------------------ Inception to Ended Inception to
June 30, June 30, June 30, June 30, June 30,
2001 2002 2001 2002 2002
------------- ------------- ------------- ------------- -------------

Revenue $ -- $ -- $ -- $ -- $ --
------------- ------------- ------------- ------------- -------------

Operating expenses:
Research and development -- -- -- -- 685,537
Selling, general and administrative expenses 7,542 965,779 7,542 1,368,579 1,547,911
------------- ------------- ------------- ------------- -------------
7,542 965,779 7,542 1,368,579 2,233,448
------------- ------------- ------------- ------------- -------------

(Loss) from operations (7,542) (965,779) (7,542) (1,368,579) (2,233,448)

Other expense:
Interest -- 14,000 -- 25,000 29,000
------------- ------------- ------------- ------------- -------------

Net (loss) $ (7,542) $ (979,779) $ (7,542) $ (1,393,579) $ (2,262,448)
============= ============= ============= ============= =============

Per share information - basic and fully diluted:

Weighted average shares outstanding 603,560,000 120,310,000 569,802,873 120,310,000 377,791,154
============= ============= ============= ============= =============

Net (loss) per share $ (0.00) $ (0.01) $ (0.00) $ (0.01) $ (0.01)
============= ============= ============= ============= =============

See the accompanying notes to the consolidated financial statements.

GenoMed, Inc.
(A Development Stage Company)
Consolidated Statements of Cash Flows
Period From Inception (January 3, 2001) to June 30, 2001, the Six Months Ended
June 30, 2002 and the Period From Inception (January 3, 2001) to June 30, 2002

(Unaudited)

Six Months
Inception to Ended Inception to
June 30, June 30, June 30,
2001 2002 2002
------------ ------------ ------------

Cash flows from operating activities:
Net cash (used in) operating activities $ (2,850) $ (511,209) $ (697,473)
------------ ------------ ------------

Cash flows from investing activities:
Net cash (used in) investing activities -- (201,042) (211,296)
------------ ------------ ------------

Cash flows from financing activities:
Net cash provided by financing activities 10,000 455,000 921,410
------------ ------------ ------------

Net increase (decrease) in cash 7,150 (257,251) 12,641

Beginning - cash balance -- 269,892 --
------------ ------------ ------------

Ending - cash balance $ 7,150 $ 12,641 $ 12,641
============ ============ ============

Supplemental cash flow information:
Cash paid for income taxes $ -- $ -- $ --
Cash paid for interest $ -- $ -- $ --

See the accompanying notes to the consolidated financial statements.

GenoMed, Inc.
Notes to Consolidated Financial Statements
June 30, 2002
(Unaudited)

(1) Basis Of Presentation

The accompanying unaudited consolidated financial statements have been prepared
in accordance with accounting principles generally accepted in the United States
of America ("GAAP") for interim financial information. They do not include all
of the information and footnotes required by GAAP for complete financial
statements. In the opinion of management, all adjustments (consisting only of
normal recurring adjustments) considered necessary for a fair presentation have
been included. The results of operations for the periods presented are not
necessarily indicative of the results to be expected for the full year. For
further information, refer to the restated financial statements of the Company
as of December 31, 2001 and the period from inception (January 3, 2001) to
December 31, 2001 including notes thereto.

(2) Earnings Per Share

The Company calculates net income (loss) per share as required by SFAS No. 128,
"Earnings per Share." Basic earnings (loss) per share is calculated by dividing
net income (loss) by the weighted average number of common shares outstanding
for the period. Diluted earnings (loss) per share is calculated by dividing net
income (loss) by the weighted average number of common shares and dilutive
common stock equivalents outstanding. During the periods presented common stock
equivalents were not considered as their effect would be anti dilutive.

(3) Property and Equipment

During the period ended June 30, 2002 the Company expended $201,042 for lab
equipment.

(4) Advances Payable - affiliates

During the period ended June 30, 2002 the Company received an additional
$455,000 pursuant to a funding agreement entered into during 2001. In addition,
this affiliate paid the Company's suppliers an aggregate of $55,465 during the
period.

(5) Stockholders' (Deficit)

During November 2001 the Company agreed to issue 4,000,000 shares of common
stock valued at $240,000 pursuant to a one year consulting agreement. The shares
were issued during the period ended March 31, 2002. The Company charged $40,000
to operations during the period ended December 31, 2001 and $120,000 to
operations during the period ended June 30, 2002. The balance of $80,000 has
been recorded as deferred compensation at June 30, 2002.

The Company also charged $12,500 to operations during the period ended June 30,
2002 pursuant to its agreement to issue 5,000,000 shares of common stock for the
year ended December 31, 2002 in accordance with the terms of an employment
agreement. As of June 30, 2002, 2,500,000 shares had been earned and had not
been issued. The shares have been valued at the their trading price of $.005 of
the Company's common stock on November 15, 2001, the measurement date. The above
amount has been included as additional paid in capital.

In addition, the Company charged $7,000 to operations during the period ended
June 30, 2002 pursuant to its agreement to issue 50,000 shares of common stock
during January 2002 and 250,000 shares of common stock on December 31, 2002 in
accordance with the terms of advisory board contracts. As of June 30, 2002,
175,000 shares had been earned and had not been issued. The shares have been
valued at the trading price of $.04 of the Company's common stock on June 30,
2002, the measurement date. The above amount has been included as additional
paid in capital.

During March 2002 the Company granted an officer options to purchase 37,500,000
shares of common stock at an exercise price of 20% of the fair market value of
the common stock on the exercise date. The options may be exercised after May 6,
2002 for a period of 10 years as to 12,500,000 options and after November 6,
2002 for a period of 10 years as to 25,000,000 options. In addition, this
officer was granted a performance option to purchase up to 100,000,000 common
shares for a period of 10 years at an exercise price of 20% of the fair market
value of the common stock on the exercise date. The performance options will
only be granted to the officer upon the occurrence of future specified events.
The discount from the fair market value of the common stock related to the
37,500,000 options of $1,500,000 will be charged to operations as general and
administrative expenses during the period from the grant date to November 6,
2001. During the period ended June 30, 2002 $670,000 was charged to operations
and $830,000 has been recorded as deferred compensation.

The effect of applying SFAS No. 123 pro forma net (loss) is not necessarily
representative of the effects on reported net income (loss) for future years due
to, among other things, the vesting period of the stock options and the fair
value of additional stock options in future years. The fair values of the
options granted during 2002 are estimated at $.01 on the date of grant using the
Black-Scholes option pricing model with the following assumptions: no dividend
yield, volatility of 508%, a risk-free interest rate of 4%, and expected lives
of 10 years from date of vesting

For purpose of pro forma disclosure, the estimated fair value of the options is
charged to expense in the period that the options were granted. The Company's
pro forma information is as follows:

June 30,
2002 2001

Pro forma net (loss) $ (1,560,579) $ --
Pro forma (loss) per share -
Basic and diluted $ (.01) $ --

(6) Going Concern

The Company's financial statements are presented on a going concern basis, which
contemplates the realization of assets and satisfaction of liabilities in the
normal course of business.

The Company has experienced a significant loss from operations as a result of
its investment necessary to achieve its operating plan, which is long-range in
nature. For the period ended June 30, 2002 the Company incurred a net loss of
$1,393,579 and has a working capital deficit of $1,055,457 and a stockholders'
deficit of $844,122 at June 30, 2002.

The Company's ability to continue as a going concern is contingent upon its
ability to attain profitable operations and secure financing. In addition, the
Company's ability to continue as a going concern must be considered in light of
the problems, expenses and complications frequently encountered by entrance into
established markets and the competitive environment in which the Company
operates.

The Company is pursuing equity financing for its operations. Failure to secure
such financing or to raise additional capital or borrow additional funds may
result in the Company depleting its available funds and not being able pay its
obligations.

The financial statements do not include any adjustments to reflect the possible
future effects on the recoverability and classification of assets or the amounts
and classification of liabilities that may result from the possible inability of
the Company to continue as a going concern.

Item 2. Management's Discussion and Analysis of Financial Condition and Plan of
Operations

The following discussion pertaining to our Plan of Operations, as contained in
this Form 10-QSB, contains "forward-looking statements" that involve risks and
uncertainties. These statements may be identified by the use of terminology such
as "believes," "expects," "may," "will," "should," or "anticipates," or
expressing this terminology negatively or similar expressions or by discussions
of strategy. The cautionary statements made in this Form 10-QSB should be read
as being applicable to all related forward-looking statements wherever they
appear in this Form 10-QSB. Our actual results could differ materially from
those discussed in this Form 10-QSB. Important factors that could cause or
contribute to such differences include those discussed under the caption
entitled "Risk Factors," in our Form 10SB. Our independent accountants, Stark
Winter Schenkein & Co., LLP, have issued an opinion in conjunction with their
audit of our consolidated balance sheet as of December 31, 2001, raising
substantial doubt about our ability to continue as a going concern based on the
losses that we have suffered from our operations, our working capital and
stockholders' deficiencies, and the developmental stage nature of our business.
In addition, our auditors have noted in our financial statements that our
ability to continue as a going concern is contingent upon our ability to attain
profitable operations by securing financing and implementing our business plan.

We can continue to satisfy our estimated current cash requirements of
approximately $261,786 until November 2002 through our existing cash of $11,783
as of May 31, 2001 and $250,000 of additional funding from Research Capital. We
anticipate that our total estimated expenditures of $261,786 through November
2002 will include the following:

Type Expenditures Monthly Amount Month Period
Total for Six
- ---------------- --------------- -------------
Salaries $31,248 $187,488
- -------- ------- --------
Operating Expenses* $ 5,383 $ 32,298
- ------------------- ------- --------
Genotyping $ 1,000 $ 6, 000
- ---------- ------- --------
Data Analysis $ 5,000 $ 30,000
- -------------- ------- --------
Marketing $ 1,000 $ 6,000
- --------- ------- --------

*Operating Expenses include office rent, utilities, and legal and accounting
expenses.

Upon completion of the six month period from May 2002 to October 2002, we will
be unable to continue to satisfy our estimated cash requirements of
approximately $190,264 for the period from December 2002 to March 2003. We
anticipate that our total estimated expenditures of $190,264 for this period,
will be:

Type Expenditures Monthly Amount Total for Four
Month Period
- ----------------- --------------- --------------
Salaries $31,248 $124,992
- -------- ------- --------
Operating Expenses* $ 5,818 $ 23,272
- ------------------- ------- --------
Genotyping $ 4,000 $ 16,000
- ---------- ------- --------
Data Analysis $ 5,000 $ 16,000
- -------------- ------- --------
Marketing $ 0 $ 0
- --------- ------- --------
Patents (March only) $10,000 $ 10,000
(March only)
- -------------------- ------- -------------

*Operating Expenses include office rent, utilities, and legal and accounting
expenses.

We intend to satisfy these estimated total expenditures of $190,264 for the
period from December 2002 to March 2003 through a private placement of our
equity securities or, if necessary, possibly through traditional bank financing
or a debt offering; however, because we are a development stage company with no
operating history and a poor financial condition, we may be unsuccessful in
conducting a private placement of equity securities or raising any funds from a
private placement. In addition, we may be otherwise unsuccessful in obtaining
any other such financing or the amount of the financing may be minimal and
therefore inadequate to implement our plan of operations. In addition, if we
only have nominal funds by which to conduct our operations, we may have to
curtail our research and development activities, which will negatively impact
development of our possible products, brand name and reputation. We have no
alternative plan of operations. In the event that we do not conduct or raise
funds through a private placement of our equity securities or otherwise receive
financing, if our financing is inadequate, or if we do not adequately implement
an alternative plan of operations that enables us to conduct operations without
having received adequate financing, we may have to liquidate our business and
undertake any or all of the following actions:

o Sell or dispose of our assets, if any;
o Pay our liabilities in order of priority, if we have available cash to
pay such liabilities;
o If any cash remains after we satisfy amounts due to our creditors,
distribute any remaining cash to our shareholders in an amount equal
to the net market value of our net assets;
o File a Certificate of Dissolution with the State of Florida to
dissolve our corporation and close our business;
o Make the appropriate filings with the Securities and Exchange
Commission so that we will no longer be required to file periodic and
other required reports with the Securities and Exchange Commission,
if, in fact, we are a reporting company at that time; and
o Make the appropriate filings with the National Association of Security
Dealers to affect a delisting of our common stock, if, in fact, our
common stock is trading on the Over-the-Counter Bulletin Board at that
time.

Based upon our current assets, however, we will not have the ability to
distribute any cash to our shareholders. If we have any liabilities that we are
unable to satisfy and we qualify for protection under the U.S. Bankruptcy Code,
we may voluntarily file for reorganization under Chapter 11 or liquidation under
Chapter 7. Our creditors may also file a Chapter 7 or Chapter 11 bankruptcy
action against us. If our creditors or we file for Chapter 7 or Chapter 11
bankruptcy, our creditors will take priority over our shareholders. If we fail
to file for bankruptcy under Chapter 7 or Chapter 11 and we have creditors, such
creditors may institute proceedings against us seeking forfeiture of our assets,
if any.

We do not know and cannot determine which, if any, of these actions we will be
forced to take.

If any of these foregoing events occur, you could lose your entire investment in
our shares.

OUR PLAN OF OPERATIONS TO DATE
We have accomplished the following in our Plan of Operations to date:

November 2001
- -------------

Dr. David Moskowitz became our Chairman of the Board and Chief Medical Officer.

Jerry E. White became our President, Chief Executive Officer, and a Director.

Dr. Scott Williams became the first member of our Scientific Advisory Board.

Filed Provisional Patent Application: "Modifications of Serum Potassium
Concentration in Patients for Whom ACE Inhibition is Indicated." Patent
application number pending. This patent concerns patients with chronic kidney
disease that cannot tolerate ACE inhibitors because their serum potassium
concentration is already high. ACE inhibitors make this problem worse. ACE
inhibitors block the action of the ACE enzyme, and as a class have been used as
anti-hypertensive drugs since the late 1970s. This provisional patent
application describes the use of a second medication to control serum potassium,
allowing the use of ACE inhibitors in such patients.

Filed Provisional Patent Application: "Clinical Trials Illustrating New Uses for
an Existing ACE Inhibitor." Patent application number 60/347,013. This
provisional patent application describes how to test ACE inhibitors for new
disease indications.

Re-filed Provisional Patent Application: "Promoter SNPs." Patent application
number pending. This provisional patent application specifies nearly 12,000 SNPs
culled from the regulatory region of some 5,000 genes. The specific region of
the gene involved is the promoter, which sits upstream of the coding portion of
the gene.

December 2001
- -------------

Dr. Tony Frudakis joins our Scientific Advisory Board.

Filed Provisional Patent Application: "New Formulation of an Existing ACE
Inhibitor." Patent Application Number 60/350,563. This provisional patent
application outlines the reformulation of a particular ACE inhibitor at the
higher doses required for minimal clinical effectiveness.

Letter of Intent with DW Coordinating Center located in Los Altos, California
signed for samples in Moscow and St. Petersburg, Russia. We have signed a Letter
of Intent and anticipate that we will sign a definitive agreement by April 2002.

Letter of Intent with DNAPrint Genomics, Inc. and Orchid BioSciences, Inc. to
perform 400,000 SNP-genotypes at $0.40 per genotype.

Approval obtained from American Diabetes Association to utilize its bank of DNA
samples from patients with Type 2 Diabetes.

Disease Management Consultants Vince Kuraitis and Alan Kaul engaged to develop a
marketing plan to form relationships with disease management firms and health
care plans to commercialize our clinical research findings.

Second contract for Regulatory SNPs signed with Sequence Sciences, LLC to find
more regulatory SNPs.

Filed tenth Provisional Patent Application involving a method to delay or
prevent altogether most common serious diseases. Patent application number
pending.

Added Peter C. Brooks and Richard A. Kranitz as members of our Board of
Directors.

January 2002
- ------------

Dr. Jason Moore joins our Scientific Advisory Board.

HealthChip trademark filed with United States Patent and Trademark Office.

Letter of Intent to acquire Caucasian samples for fifty common diseases from DW
Coordinating Center, a Clinical Research Organization based in Los Altos,
California. We anticipate signing a definitive agreement by April 2002.

Purchased one SNP Stream UHT (Ultrahigh Throughput) SNP Genotyping system from
Orchid BioSciences, Inc. that will enable us to perform as many as 100,000
genotypes a day. Purchased one SNP stream UHT system and the software from
Orchid BioSciences, Inc. of Princeton, New Jersey, that will further enable us
to perform as many as 100,000 genotypes a day. Beta Test Agreement with Orchid

BioSciences, Inc. completed for the SNP stream UHT system, which will permit us
to operate this equipment through a joint venture with DNA Print, Inc. in
Sarasota, Florida. The Beta Test Agreement involves the following: In return for
providing Orchid BioSciences with information regarding their systems genotyping
accuracy, the agreement allows us to perform the first 50,000 genotypes at no
charge.

February 2002
- -------------

Orchid BioSciences, Inc. installed our UHT SNP-stream genotyping system at
DNAPrint Genomics, Inc, a company with one year experience using the Orchid
genotyping platform. We are outsourcing our high-throughput genotyping needs to
DNAPrint Genomics, Inc.

Personnel with DNAPrint Genomics began training on SNP stream-UHT system
equipment. DNAPrint Genomics personnel have been trained by Orchid BioSciences
to operate the new system. In return for hosting the machine, we are allowing
DNAPrint Genomics to use our UHT SNP-stream machine for DNAPrint's genotyping
needs driving times when the machine would otherwise be idle.

Our first board meeting was held in Sarasota, Florida. Board members also
visited DNAPrint Genomics to see the UHT SNP-stream technology in operation.

OUR PLAN OF OPERATIONS OVER THE NEXT YEAR FROM MARCH 2002 TO MARCH 2003
We intend to accomplish the following regarding our plan of operations over the
next twelve months, from March 2002 to March 2003:

March 2002
- ----------

Move into Office and Lab Space
- ------------------------------
In March 2002, we moved into approximately 1200 square feet of space and are
contemplating 2000 square feet of laboratory space in St. Louis, Missouri to
conduct our research. Although we have not yet been provided with lease
quotations, we estimate that the cost involved in renting this space will range
from $800 to $1200 per month. We will attempt to negotiate a one (1) year term
for the lease. Our president, Jerry White, will be responsible for conducting
inquiries regarding a potential lease for our laboratory purposes.

Begin collections of Caucasian, African American, Asian and Hispanic samples for
- --------------------------------------------------------------------------------
52 diseases in accordance with our agreement with Bio Collections, Inc.
- -----------------------------------------------------------------------
The blood samples will be obtained from clinics and hospitals in Florida. The
blood will be shipped to DNAPrint in Sarasota, Florida for conversions to DNA.
The total approximate cost will be $125 per sample.

Begin collection of Caucasian samples for 52 diseases in accordance with our
- ----------------------------------------------------------------------------
agreement with DW Coordinating Center, Inc.
- -------------------------------------------
We signed a Letter of Intent with DW Coordinating Center for Caucasian patient
samples representing a variety of common disease. The blood samples will be
obtained with full informed consent and local Institutional Review Board
approval from participating clinics and hospitals in Moscow and St. Petersburg,

Russia. The blood will be converted to DNA by a laboratory in Moscow and shipped
to our offices in St. Louis, Missouri. The total approximate cost will be $45.35
per sample and a total approximate cost of $54,420. The collection of an initial
set of 1200 samples will commence in March and last approximately six months.
Additional Caucasian patient samples will be collected by DW Coordinating Center
in the future.

Establish laboratory for purpose of collecting DNA from blood
- -------------------------------------------------------------
Assuming that we lease space for our laboratory, beginning in approximately
April or May 2002 we will purchase a refrigerator for approximately $1,000 to
store whole blood and a freezer for approximately $1,000 to store DNA. We
estimate that the laboratory will become operational during June 2002.

We will hire a research assistant for $30,000 per year that will prepare DNA
from the white blood cells present in blood samples.

Genotyping Type 2 NIDDM Samples
- -------------------------------
DNA samples from patients with Type 2 Diabetes and controls have been obtained
from the American Diabetes Association and the Coriell Cell Repository. Each DNA
sample will be genotyped at a reasonably large number of potentially functional
SNPs (single nucleotide polymorphism) using the Orchid UHT SNP-stream machine
housed at DNAPrint Genomics, Inc. We will start with several hundred SNPs and
scale-up to 10,000 SNPs over the next eight months.

The frequency of each SNP will be determined for patients ("cases") and
controls. Where the SNP differs significantly in frequency between the "cases"
and "control" groups, the SNP is said to be associated with the disease under
consideration, in this case Type 2 Diabetes.

The first 1,000 SNPs will be genotyped by September 2002. Personnel at DNAPrint
Genomics, under the direction of its Chief Executive Officer, Tony Frudakis, and
its Project Manager, Matt Thomas, will be responsible for executing the
genotyping. The project will be overseen by David Moskowitz, our Chairman of the
Board/Chief Medical Officer.

Market to Disease Management Companies and Health Care Providers
- ----------------------------------------------------------------
We plan to attempt to negotiate an agreement with Better Health Technology, a
consulting firm located in Boise, Idaho, to contact disease management companies
and health care providers for the purpose of establishing agreements with these
companies to provide cost saving medical procedures. The terms of this potential
agreement have not been determined.

April 2002
- ----------

Obtain Hispanic Collection of Blood Samples
- -------------------------------------------
In accordance with our joint venture agreement with Muna, Inc. located in
Coconut Creek, Florida, Muna, Inc. will arrange for the collection of blood from
Hispanic patients with documented disease. Muna, Inc. will provide samples at
approximately $50 per sample total cost, including the cost of DNA preparation.
The total anticipated estimated cost is $36,000.

SNP Genotyping
- --------------
DNA samples from patients with Type 2 Diabetes and controls have been obtained
from the American Diabetes Association and the Coriell Cell Repository located
in Camden, New Jersey. Each DNA sample will be genotyped at a reasonably large
number of potentially functional SNPs using the Orchid UHT SNP-stream machine
housed at DNAPrint Genomics, Inc.

The frequency of each SNP will be determined for patients ("cases") and
controls. Where the SNP differs significantly in frequency between the "cases"
and "control" groups the SNP is said to be associated with the disease under
consideration, in this case Type 2 Diabetes.

The first 1,000 SNPs will be genotyped by September 2002. Personnel at DNAPrint
Genomics, under the direction of Tony Frudakis, CEO, and Matt Thomas, Project
Manager, will be responsible for executing the genotyping. The project will be
overseen by David Moskowitz, Chairman of GenoMed.

Data Analysis
- -------------
Once genotype results are known for 384 samples, there will be too much data to
keep track of, so it will take a computer or network of computers to process the
results. The computational demands expand when you consider that some of these
1,000 SNPs may work with each other to produce the disease. Sorting through all
the combinations of 1,000 SNPs, that is, one SNP at a time, then any two SNPs
out of 1,000, then any three SNPs out of the same 1,000, then any four SNPs out
of 1,000, and so on, will take advanced software and considerable computing
power. Therefore, we will lease a computer or network of computers which will
cost approximately $100,000.

Patent Writing
- --------------
As in every aspect of this project, high throughput patent application is
required. A template patent application has been prepared by our Chairman of the
Board and Chief Medical Officer, Dr. David Moskowitz. As data becomes available,
such as SNPs and genes associated with our first disease target, Type 2
Diabetes, it will be incorporated into the existing template patent application.
We have retained the law firms of Holland and Knight located in Boston,
Massachusetts, Thompson Coburn located in St. Louis, Missouri, and Polster
Lieder located in St. Louis, Missouri to help with writing specific claims.

Marketing
- ---------
We will attempt to recruit personnel with research pharmaceutical industry
experience to market our disease-gene associations to the research
pharmaceutical industry. Resumes are now being collected for this purpose.

May 2002 to March 2003
- ----------------------

The frequency of each SNP will be determined for patients ("cases") and
controls. Where the SNP differs significantly in frequency between the "cases"
and control groups, the SNP is said to be associated with the disease under
consideration, in this case Type 2 Diabetes.

The first 1,000 SNPs will be genotyped by September 2002. Personnel at DNAPrint
Genomics, under the direction of Tony Frudakis, CEO, and Matt Thomas, Project
Manger, will be responsible for executing the genotyping. The project will be
overseen by Dr. David Moskowitz, our Chairman of the Board and Chief Medical
Officer.

Data Analysis
- -------------
Once genotype results are known for 384 samples, because there will be too much
data to keep track of, it will take a computer or network of computers to
process the results. The computational demands expand when you consider that
some of these 1,000 SNPs may work with each other to produce the disease.
Sorting through all the combinations of 1,000 SNPs, that is, one SNP at a time,
then any two SNPs out of 1,000, and so on, will take advanced software and
considerable computing power. Therefore, we will purchase a computer or network
of computers which will cost approximately $100,000.

Patent Writing
- --------------
As in every aspect of this project, high throughput patent application is
required. A template patent application has been prepared by our Chairman of the
Board. As data becomes available, such as SNPs and genes associated with our
first disease target, Type 2 Diabetes, it will be incorporated into each new
patent application. We have retained the law firms of Holland and Knight located
in Boston, MA, Thompson Coburn located in St. Louis, MO, and Polster Lieder
located in St. Louis, MO to help with writing specific claims.

Marketing IP
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We will attempt to recruit personnel with research pharmaceutical industry
experience to market our disease-gene associations to the research
pharmaceutical industry. Resumes are now being assembled for this purpose.

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

Not applicable.

Item 2. Changes in Securities and Use of Proceeds

Not applicable

Item 3. Default Upon Senior Securities

Not applicable

Item 4. Submission of Matters to a Vote of Securities

Not applicable

Item 5. Other Information

Not applicable.

Item 6. Exhibits and Reports on Form 8-K

(a) Exhibits required by Item 601 of Regulation S-B

EXHIBIT DESCRIPTION
NUMBER

2 In re: e-Miracle Network, Inc. - Amended Plan of Reorganization*

3.1 Articles of Incorporation - E-Kids Network, Inc.*

3.2 Articles of Amendment of the Articles of Incorporation of E-Kids
Network, Inc.*

3.3 Amended and Restated By Laws of GenoMed, Inc.*

10.1 Agreement and Plan of Exchange by and Between GenoMed, Inc. and Genomic
Medicine, LLC and its sole owner*

10.2 Amendment to the Agreement and Plan of Exchange*

10.3 Agreement with Research Capital, LLC*

10.4 Amendment to Agreement with Research Capital, LLC*

10.5 Agreement with DNAPrint Genomics, Inc.*

10.6 Agreement with Muna, Inc.*

10.7 Agreement with Sequence Sciences, LLC*

10.8 Agreement with Better Health Technologies, Inc.*

10.9 Employment Agreement with Jerry E. White*

10.10 Employment Agreement with David Moskowitz*

10.11 Option Agreement with David Moskowitz*

10.12 Scientific Advisory Board Agreement with Jason Moore*

10.13 Scientific Advisory Board Agreement with Scott Williams*

10.14 Scientific Advisory Board Agreement with Tony Frudakis*

21 List of subsidiaries*

23 Consent of Stark Winter Schenkein & Co., LLP, Certified Public
Accountants**

99.1 Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant
to Section 906 of the Sarbanes-Oxley Act of 2002.

*Previously filed on April 4, 2002, as exhibit to Form 10-SB Registration
Statement, hereby incorporated by reference.

**Previously filed on July 19, 2001, as exhibit to Form 10-SB Registration
Statement, hereby incorporated by reference.

(b) Reports on Form 8-K

Not applicable.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned as duly authorized officers of the Registrant.

GenoMed, Inc.

By: /s/ Jerry White
----------------
President, Chief Executive Officer, Chief Financial Officer, and Principal
Accounting Officer

DATED: August 16, 2002