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

PRE-EFFECTIVE AMENDMENT NO. 1

FORM SB-2

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

K-TRONIK INTERNATIONAL CORP.
(formerly LMC Capital Corp.)
(Name of Small Business Issuer in its Charter)

Nevada 3640 88-0436364
(State or jurisdiction of (Primary Standard Industrial I.R.S. Employer
incorportion or organization) Classification Code Number) Identification No.)

290 Vincent Avenue, 4th Floor
Hackensack, New Jersey 07601
Tel: (201) 488-4600
Fax: (201) 488-8480

(Address and telephone number of Registrant's principal executive
offices and principal place of business)

Resident Agent's of Nevada
711 South Carson Street Suite 4
Carson City, Nevada 89701
Tel: (775) 882-4641;
Fax: (775) 882-6818
(Name, address, and telephone number of agent for service)

Approximate date of proposed sale to the public: As soon as
practicable after this registration statement becomes effective.

If this Form is filed to register additional securities for an offering
Pursuant to Rule 462(b) under the Securities Act, please check the following
box and list the Securities Act registration number of the earlier effective
registration statement for the same offering.

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under
the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering.

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under
the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering.

If the delivery of the prospectus is expected to be made pursuant to Rule 434,
check the following box.

If any of the securities being registered on this Form are to be
offered on a delayed or continuous basis pursuant to Rule 415 under
the Securities Act of 1933 check the following box (X)

CALCULATION OF REGISTRATION FEE

Title of Amount to be Proposed Proposed Amount of
each class registered (1) Maximum maximum registration
of securities offering price aggregate fee (3)
to be per share(2) offering
registered price

Common Stock 8,288,172 $1.00 $8,288,172 $762.51

The company hereby amends this registration statement on such date or
dates as may be necessary to delay its effective date until the company
shall file a further amendment which specifically states that this
registration statement shall thereafter become effective in accordance
with Section 8(a) of the Securities Act of 1933 or until the
registration statement shall become effective on such date as the
Commission, acting pursuant to said Section 8(a), may determine.

(1) The total number of shares of common stock to be sold by
shareholders on a continuous offering basis under Rule 415;

(2) Estimated for the purpose of calculating the registration fee;

(3) The calculation (given footnote 2 above) was as follows: ( 8,288,172
shares X $1.00 ) ($92/1,000,000) = $762.51.

PROSPECTUS

K-TRONIK INTERNATIONAL CORP.
(formerly LMC Capital Corp.)
290 Vincent Avenue, 3rd Floor
Hackensack, New Jersey 07601
Tel: (888) 458-7664
Fax: (877) 258-7664

8,288,172 Shares
Common Stock *

K-Tronik International Corp., a Nevada corporation, is hereby offering
shares of common stock pursuant to the terms of this prospectus. A total of
8,288,172 shares of common stock are to be registered for selling shareholders;

This prospectus relates to the resale of up to 8,288,172 shares of common
stock by our shareholders who are hereinafter referred to as Selling
Shareholders. The selling shareholders will sell the shares from time to time
at $1.00 per share until our shares are quoted on the Over the Counter
Bulleting Board ("OTCBB") or some other system of quotation or exchange. Non-
affiliate Selling Shareholders shall thereafter sell their shares at prevailing
market prices or privately negotiated prices. There is no assurance that our
common stock will be included on the OTCBB. See "Plan of Distribution". We
will not receive any proceeds from any sales made by the Selling Shareholders
but will pay the expenses of this offering. This is the initial registration
of any of our shares.

The shares offered hereby are highly speculative and involve a high
degree of risk to public investors and should be purchased only by
persons who can afford to lose their entire investment (See "Risk Factors").

These securities have not been approved or disapproved by the U.S.
Securities and Exchange Commission or any state securities commission
nor has the U.S. Securities and Exchange Commission or any state
securities commission passed upon the accuracy or adequacy of this
prospectus. Any representation to the contrary is a criminal offense.

Information contained herein is subject to completion or amendment.
The registration statement relating to the securities has been filed
with the U.S. Securities and Exchange Commission. The securities may
not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. This prospectus shall not
constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

Subject to Completion, Dated: ______________, 2002

TABLE OF CONTENTS

Prospectus Summary 6

Risk Factors 7

Use Of Proceeds 10

Determination Of Offering Price 10

Dilution 10

Selling Security Holders 10

Plan Of Distribution 11

Legal Proceedings 13

Directors, Executive Officers, Promoters
And Control Persons 13

Security Ownership Of Certain Beneficial Owners
And Management 14

Description Of Securities 15

Interest Of Named Experts And Counsel 17

Disclosure Of Commission Position On Indemnification
For Securities Act Liabilities 17

Organization Within Last Five Years 17

Description Of Business 18

Management's Discussion and Analysis of Financial
Condition and Results of Operations 26

Description Of Property 29

Certain Relationships And Related Transactions 29

Market For Common Equity And Related
Stockholder Matters 30

Executive Compensation 31

Financial Statements 32

Changes In And Disagreements With Accountants
On Accounting And Financial Disclosure 68

Indemnification of Officers and Directors 69

Other Expenses of Issuance and Distribution 69

Recent Sales of Unregistered Securities 69

Exhibits 69

Undertakings 69

Signatures 70

PROSPECTUS SUMMARY

The following summary is qualified in its entirety by detailed
information appearing elsewhere in this prospectus. Each prospective
investor is urged to read this prospectus in its entirety.

The Company.

(a) Background.

K-Tronik International Corp. was incorporated in the State of Nevada
on September 2, 1999, under the name of "LMC Capital Corp.".

At its meeting of shareholders dated November 13, 2001, the
shareholders of LMC approved a name change of the corporation to "K-
Tronik International Corp.". The necessary documents (including
directors' resolutions and amendments to articles) were filed with the
Secretary of State of Nevada on January 14, 2001 with the name change
effective on December 12, 2001.

K-Tronik N.A. Inc., the Company's 100% wholly owned operating
subsidiary, was incorporated in the State of Nevada on March 17, 1998
under the name of "K-Troniks, Inc.". Its name was changed to "K-
Tronik Int'l Corporation" on August 7, 1998. K-Tronik N.A. was formed
by its former parent, Eiger Technology, Inc. and a predecessor
company, K-Tronik Industries Inc. (a New Jersey corporation
incorporated in 1995) as a joint venture. Shares in K-Tronik N.A.
were issued to the two (at that time) shareholders, Mr. Robert Kim (in
exchange for vending in the assets of K-Tronik Industries, Inc.) and
Eiger Technology, Inc. (in exchange for financing the company). K-
Tronik N.A. has one subsidiary, K-Tronik (Asia) Corp., a Korean
corporation incorporated on May 31, 1998, of which it owns 100%.
The company's registered office in the State of Nevada is 711 South
Carson Street Suite 4, Carson City, Nevada 89701.
The Company became a reporting issuer under Section 12 of the Securities
Exchange Act of 1934 on September 28, 2000.

(b) Business.

K-Tronik N.A., our wholly owned subsidiary, is a leading electronic ballast
manufacturer.

K-Tronik N.A. ballasts have been installed in JFK Airport, J.F. Kennedy
Center, Ford Motor Corporation, Chase Manhattan Bank, Citibank, Florida
Department of Transportation as well as numerous schools and hospitals
throughout the United States. K-Tronik N.A. currently manufactures
ballasts for the US, Canadian, Asian, Latin-American and European markets
although past sales have focussed on the United States.

K-Tronik N.A. is particularly active with supplying ESCOs (Energy Services
Companies) ballast products used in generating energy savings for
customers' commercial and industrial buildings.

A "ballast" is a device in lighting systems that operates fluorescent
lights. The ballast provides the necessary starting voltages,
frequency and wattage to a fluorescent light while limiting and
regulating the current during the light's operation. Without a
ballast, a fluorescent light would be destroyed immediately when
voltages were applied while switching it on. Many people recognize
ballasts as the heavy "black boxes" in their fluorescent light
fixtures at home that they can see when they replace their fluorescent tubes.

The Offering.

Shares of common stock of the company will be sold on a delayed
basis under a shelf registration under Rule 415. A total of 8,288,172
shares of common stock are to be registered for selling shareholders.

Liquidity of Investment.

Although the shares will be free of resale restrictions once
qualified by this Prospectus, there exists only a limited public market
for the shares. Therefore, an investor may not be able to sell shares
when he or she wishes; therefore, an investor may consider his or her
investment to be long-term.

Risk Factors.

The securities offered hereby are highly speculative in nature and
involve a high degree of risk. They should be purchased only by persons
who can afford to lose their entire investment. Therefore, each
prospective investor should, prior to purchase, consider very carefully
the following risk factors, as well as all other information set forth
in this prospectus.

Risk Factors Associated with our Business:

The following risks should be considered carefully. Our business,
financial condition and results of operations could be materially and
adversely affected by any of the following risks:

WE MAY BE UNABLE TO ATTRACT CUSTOMERS

We may be unable to attract or retain customers.

THE MARKET FOR OUR PRODUCT MAY CHANGE

We may be unable to anticipate changes in the ballast market or in
our customers' needs;

WE MAY NOT HAVE THE INFRASTRUCTURE WE REQUIRE

Our infrastructure may fail (including production and distribution)
to efficiently handle the volumes they are required to handle;

WE HAVE NEVER PAID DIVIDENDS

We haven't paid dividends and don't know if or when we will be able
to;

REGULATORY CHANGES MAY ADVERSELY AFFECT US

Changes in laws (especially laws relating to energy saving devices
and regulatory requirements or specifications) could potentially hurt
our business if we are unable to develop new products or redesign
existing products.

IT MAY BE DIFFICULT TO HANDLE ADDITIONAL SALES AND MANUFACTURING VOLUME

If we succeed in increasing our sales, we might not be able to handle
a rapidly expanding operation and various problems associated with
this (such as installations, timing and amount of capital
expenditures, limits to production capacity in the K-Tronik (Asia)
plant and other problems);

WE RELY ON OVERSEAS OPERATIONS AND SUPPLIERS

We rely on our Korean and Chinese manufacturing operations (through
our subsidiary K-Tronik (Asia) and through our suppliers in China.
As a result, we are vulnerable to significant downturns in these
countries' economies, currency instability, political instability and
other potential risks.

WE HAVE NOT HISTORICALLY BEEN PROFITABLE

We will have to rely on future equity financing (which could dilute
existing shareholders) because we have historically not had
sufficient revenue to fund ongoing operations and are not profitable
(although our losses have been decreasing).

WE MAY NEED DEBT OR EQUITY FINANCING WE CAN'T OBTAIN

We may not be able to obtain future equity or debt financing,
especially if economic or securities market conditions deteriorate
further and we may require such equity or debt financing;

WE MAY NOT BE ABLE TO SECURE LOANS FROM OUR PARENT COMPANY

We have relied, in the past, on financial contributions from our
parent, Eiger Technology, Inc. and these financial contributions (in
the form of intercorporate loans) may not be available in the future;

WE RELY ON A FEW PERSONNEL AND MANAGEMENT

We are very dependent on our key personnel and management and if they
leave, they may take some of our customers with them;

ECONOMIC CONDITIONS MAY DISCOURAGE RETROFITTING INITIATIVES

General economic conditions may affect funding for energy retrofit
initiatives through federal, state and provincial budget cuts and we
are particularly vulnerable to this because many of our customers are
government institutions or hospitals and schools;

OUR PROFITABILITY WILL DEPEND ON RELATIONSHIPS WITH OTHER COMPANIES

We believe that our profitability in the future will depend on our
ability to build relationships and in some cases acquire ESCOs.
There is no certainty that we will be able to build these
relationships or that we will have the funds necessary to acquire ESCOs.

THERE IS NO PUBLIC MARKET FOR OUR SHARES

There has been no prior public market for our common stock and we may
not qualify for NASD Over the Counter Electronic Bulletin Board
inclusion. Unless such market develops, you may not be able to sell
your shares and even if such market should develop, our stock price
may decline after this offering. Upon completion of this offering,
we will attempt to have our common stock eligible for quotation on
the Over the Counter Bulletin Board. We have not yet engaged a
broker-dealer to file a Form 211 with the National Association of
Securities Dealers (NASD) in order to allow for quotation of our
common stock on the OTCBB.

Offering Price.

The offering price of the shares for the purpose of calculating the
applicable registration fee with the SEC was determined to be $1.00
which was the deemed price of shares to be issued in the last
transaction the Company entered into. No shares have been issued from
treasury for cash proceeds in the previous 12 months and, as no market
exists for the shares of common stock, no market price or trading
history for these shares is available. The Company is not listed on any
exchange at this time.

Selling shareholders will offer their shares to the public at $1.00 per share
(see Plan of Distribution). The book value of shares of common stock as of the
Company's last quarter ended March 30, 2002 was $0.07.

Shares Eligible For Future Sale.

A total of 14,285,714 shares of common stock which are currently held,
directly or indirectly, by management or by our parent company, Eiger
Technology, Inc., have been issued in transactions not requiring
registration under the Securities Act of 1933 and are not registered for
resale pursuant to this registration statement.

Of these 14,285,714 shares of common stock, 6,714,286 were issued to the
Company's President and Director, Mr. Robert Kim, is consideration of
his sale to the Company of his shares of the Company's wholly owned
subsidiary, K-Tronik N.A. Inc.

A further 7,571,428 shares were issued to the ETIFF Holdings, LLC, a
wholly owned subsidiary of Eiger Technology, Inc. (a Toronto Stock
Exchange listed company and reporting issuer) in consideration of its
sale to the Company of its shares of the Company's wholly owned
subsidiary, K-Tronik N.A. Inc. ETIFF Holdings, LLC owns an additional
6,788,172 shares of common stock which are being registered for resale
pursuant to this registration statement.

Unless separately registered, the 14,285,714 shares will not be
available for sale in the open market except in reliance upon Rule 144
under the Securities Act of 1933. In general, under Rule 144 a person
(or persons whose shares are aggregated) who has beneficially owned
shares acquired in a non-public transaction for at least one year,
including persons who may be deemed affiliates of the company (as that
term is defined under Rule 144) would be entitled to sell within any
three-month period a number of shares that does not exceed the greater
of 1% of the then outstanding shares of common stock, or the average
weekly reported trading volume during the four calendar weeks preceding
such sale, provided that certain current public information is then
available. If a substantial number of the shares owned by these
shareholders were sold pursuant to Rule 144 or a registered offering,
the market price of our common stock could be adversely affected.
In addition to the resale restrictions on these 14,285,714 common shares
detailed above, the 6,714,286 shares held by Mr. Robert Kim are subject
to an agreement by which he agrees not to separately register the shares
and the shares are held in trust for release in certain amounts after
certain times. No shares are released from trust for a perid of at
least one year from listing of the Company on an exchange. This
agreement, the Escrow Agreement, is attached hereto as Exhibit 10.11.
The terms of the trust are disclosed more fully therein.

ITEM 4: USE OF PROCEEDS

The Company will not receive proceeds from the sale of shares held by
selling shareholders. The price at which these selling shareholders
will sell their shares cannot be practicably determined or estimated as
there is no market for the securities of the Company.

It is estimated that the expenses the Company is incurring in completion
of this registration statement will be approximately $17,200 inclusive
of transfer agent fees, legal costs, audit and accounting fees,
regulatory fees and miscellaneous expenses.

The amount of proceeds to selling shareholders from this offering will
depend on the offering price per share and the number of shares sold for
cash by them to purchasers.

ITEM 5: DETERMINATION OF OFFERING PRICE

There is no existing market for the securities of the Company although the
Company intends to trade on the OTCBE.

The selling stockholders and any of their pledgees, assignees and
successors-in-interest may, from time to time, sell any or all of
their shares of common stock covered by this prospectus on any stock
exchange, market or trading facility on which the shares are then
traded or in private transactions at a price of $1.00 per share until
our shares are quoted on the Over the Counter Bulletin Board
("OTCBB") and thereafter non-affiliate selling stockholders may sell
at prevailing market prices or privately negotiated prices.
Affiliate selling stockholders must sell at $1.00 per share unless an
amendment to this registration statement is filed and becomes
effective with the SEC or unless some other exemption to registration
is found.

ITEM 6: DILUTION

As no shares of common stock are to be issued or sold from the treasury
of the Company, no dilution result will result from the offering under
this registration statement.

As of March 30, 2002, the last financial quarter end for the Company,
the book value per share of the our common stock was $0.07.

ITEM 7: SELLING SECURITY HOLDERS

Selling shareholders will be offering a total of 8,288,172 shares
of common stock of the Company, as follows (in the chronological order
of their original issuance as restricted shares). A number of the
selling shareholders are affiliates of the Company (and are designated
in the list as such).

Name of Amount Beneficially Amount Offered for Amount Beneficially Percentage
Selling Shareholder Owned Prior to Offering Selling Shareholder's Owned After Offering Ownership
After
Offering (5)

Jason Cassis 10,000 10,000 0 0.0%
Andrea Cassis 10,000 10,000 0 0.0%
Jason Tuff 10,000 10,000 0 0.0%
Lorna Seaton 10,000 10,000 0 0.0%
Shannon Crevits 10,000 10,000 0 0.0%
Serge Borys 4,000 4,000 0 0.0%
Brian Fiddler 2,000 2,000 0 0.0%
Tania Little 25,000 25,000 0 0.0%
Deborah Little 10,000 10,000 0 0.0%
Nicholas Galichenko 4,000 4,000 0 0.0%
Marilyn Marsel 5,000 5,000 0 0.0%
William Cole-Hamilton 2,000 2,000 0 0.0%
Jennifer Mitchell 2,000 2,000 0 0.0%
Stonewall Capital Corp. 35,000 35,000 0 0.0%
Christa Giles 2,000 2,000 0 0.0%
Philip Cassis (1) 450,000 450,000 0 0.0%
Christopher D. Farber(2) 450,000 450,000 0 0.0%
William J. Little (3) 450,000 450,000 0 0.0%
Blair Stearn 2,000 2,000 0 0.0%
Anne-Marie Stearn 2,000 2,000 0 0.0%
Patrick Sipos 500 500 0 0.0%
Liane Scott 500 500 0 0.0%
Bobby Varghese 1,000 1,000 0 0.0%
Louise Dewick 1,000 1,000 0 0.0%
Barry Dewick 1,000 1,000 0 0.0%
Dawn Farber 1,000 1,000 0 0.0%
ETIFF Holdings, LLC(4) 14,359,600 6,788,172 0 33.54%
TOTAL: 15,859,600 8,288,172 0 33.54%

(1) Philip Cassis is a former director and officer of the Company. He
resigned on December 12, 2001 upon completion of the Company's
acquisition of K-Tronik N.A. Inc. (formerly K-Tronik Int'l
Corporation). His shares were issued more than two years ago.

(2) Christopher D. Farber is a former director and officer of the
Company. He resigned on December 12, 2001 upon completion of the
Company's acquisition of K-Tronik N.A. Inc. (formerly K-Tronik Int'l
Corporation). His shares were issued more than two years ago.

(3) William J. Little is a former director and officer of the Company.
He resigned on December 12, 2001 upon completion of the Company's
acquisition of K-Tronik N.A. Inc. (formerly K-Tronik Int'l
Corporation). His shares were issued more than two years ago.

(4) ETIFF Holdings, LLC is a wholly owned subsidiary of Eiger
Technology, Inc., a Toronto Stock Exchange listed company and
reporting issuer. Mr. Keith Attoe (director and officer of the
Company) and Mr. Gerry Racicot (director of the Company) are officers
and directors of Eiger Technology, Inc.

(5) Assumes issued and outstanding shares of common stock of 22,573,886
as at the date of this registration statement.

None of the 14,285,714 shares of common stock issued by the Company to
Mr. Robert Kim and ETIFF Holdings, LLC (6,714,286 and 7,571,428 shares
respectively) for the purchase of their shares in K-Tronik N.A. Inc. are
to be registered pursuant to this registration statement. These shares
of commons stock not being registered represent 63.28% of the issued and
outstanding shares of common stock of the Company.

ITEM 8: PLAN OF DISTRIBUTION

Registration under this Offering.

A total of 8,288,172 shares of common stock are to be registered for
selling stockholders, as set forth above.

No commissions or other fees will be paid, directly or indirectly, by
the company, or any of its principals to any person or firm in
connection with solicitation of sales of the shares. These
securities are offered by their holders subject to prior issue and to
approval of certain legal matters by counsel.

We will pay the expense incurred to register the shares being offered
by the selling stockholders for resale, but the selling stockholders
will pay any underwriting discounts and brokerage commissions
associated with these sales. The commission or discount which may be
received by any member of the National Association of Securities
Dealers, Inc. in connection with these sales will not be greater than
8%. The selling stockholders may use any one or more of the
following methods when selling shares:

(a) ordinary brokerage transactions and transactions in which the
broker-dealer solicits purchasers;

(b) block trades in which the broker-dealer will attempt to sell the
shares as agent but may position and resell a portion of the block
as principal to facilitate the transaction;

(d) privately negotiated transactions; and

(e) a combination of any such methods of sale.

In addition, any shares that qualify for sale under Rule 144 may be
sold under Rule 144 rather than through this prospectus.

If offering the shares covered by this prospectus, the selling
stockholders and any broker-dealers who execute sales for the selling
stockholders may be deemed to be an "underwriter" within the meaning
of the Securities Act in connection with such sales. Any profits
realized by the selling stockholders and the compensation of any
broker-dealer may be deemed to be underwriting discounts and commissions.

Selling stockholders may sell their shares in all 50 states in the U.S.

Each selling stockholder and any other person participating in a
distribution of securities will be subject to applicable provisions
of the Exchange Act and the rules and regulations thereunder,
including, without limitation, Regulation M, which may restrict
certain activities of, and limit the timing of purchases and sales of
securities by, selling stockholders and other persons participating
in a distribution of securities. Furthermore, under Regulation M,
persons engaged in a distribution of securities are prohibited from
simultaneously engaging in market making and certain other activities
with respect to such securities for a specified period of time prior
to the commencement of such distributions, subject to specified
exceptions or exemptions. All of the foregoing my affect the
marketability of the securities offered hereby.

Any securities covered by this prospectus that qualify for sale
pursuant to Rule 144 under the Securities Act may be sold under that
rule rather than pursuant to this prospectus. There can be no
assurance that the selling stockholders will sell any or all of the
shares of common stock offered by them hereunder.

As the shares of common stock to be registered in connection with this
offering have already been issued and as legal services are provided to
the Company by inside corporate counsel for its parent corporation,
Eiger Technology, Inc., the costs of the offering are limited.

It is estimated that the following costs and expenses will be incurred
in connection with this offering:

Offering cost or expense Amount of Offering Cost or Expense

Transfer Agent fees $ 2,000
Legal expenses $ 2,500
Regulatory and filing fees $ 2,200
Audit and Accounting fees $10,500
Total Offering Costs and Expenses $17,200

These costs and expenses are expected to be covered by existing working
capital and cash flow from operations of the Company and its subsidiaries.

ITEM 9: LEGAL PROCEEDINGS

Neither K-Tronik nor its subsidiaries, K-Tronik N.A. Inc. and K-Tronik
(Asia) Corporation, are party to any litigation and K-Tronik has no
knowledge of any threatened or pending litigation against it.

K-Tronik N.A. is a creditor in the bankruptcy of one of its customers.
Its claim is for $142,806. We believe we will collect $53,306 of
this amount by the end of the September 30, 2002 fiscal year.

ITEM 10: DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS, AND CONTROL PERSONS

The following discussion contains disclosure concerning the directors,
officers and control persons of the Company. There are no persons
which have acted as a promoter, controlling person, or significant
employee of the Company other than as disclosed below.

Name Position Term of Office*1*2

Robert Kim President, Treasurer Expires November 12, 2002
and Director
Gerry Racicot Director Expires November 12, 2002
Keith Attoe Director Expires November 12, 2002

J.K. Lee Corporate Secretary *2

1. Directors, whether appointed at a meeting of stockholders or by the
remaining directors, are appointed until the next annual meeting of
stockholders. As the Company had its annual meeting of
shareholders on November 13, 2001 (and its annual meeting of
shareholders is held approximately every twelve months), all of the
directors' terms expire on or around November 12, 2002.

2. The President, Secretary and Treasurer do not have a set term of
office. They serve at the pleasure of the Directors and can be
removed at any time by the Directors under the Articles and Bylaws
of the Company.

Robert Kim, President, Treasurer and Director

Robert Kim, in addition to being President and Treasurer of the Company, is
President and CEO of K-Tronik N.A. Mr. Kim began work in the lighting
and energy management industry in 1990. He was the founding President
of Daewoo America's subsidiary, King Tech, which in its first year
produced sales exceeding $15 million. Mr. Kim also worked with
GoldStar Electronic Ballast Corporation from 1993 until he founded K-
Tronik Industries, Inc. (a predecessor company of K-Tronik N.A.) in 1995.

Gerry Racicot, Director

Gerry Racicot, in addition to being a director of the Company, is
director and President of Eiger Technology, Inc. Eiger Technology,
Inc., of which K-Tronik N.A. was an operating division until the
closing of the K-Tronik N.A. Agreement, is a diverse manufacturer and
distributor of a number of products in the technology and commercial
lighting industries. Eiger Technology Inc. is listed for trading on
the Toronto Stock Exchange and its shares are also posted for trading
through the facilities of the NASD's OTCBB. Gerry Racicot was, from
1988 to 2001, President of ADH Custom Metal Fabricators Inc. and
Vision Unlimited Equipment Inc., companies which manufacture and
distribute various lighting and other products. ADH Custom Metal
Fabricators Inc. recently listed on the TSX Exchange as "Newlook
Industries Corp."

Keith Attoe, Director

Keith Attoe, in addition to being a director of the Company, is director and
CFO of Eiger Technology, Inc. A chartered accountant by background, Keith
Attoe has been with Eiger Technology, Inc. since 1996.

J.K. Lee, Corporate Secretary

J.K Lee, in addition to being Corporate Secretary of the Company, is
the controller of K-Tronik N.A..

Each officer and director generally serves until the next annual
meeting of stockholders or until such time as he or she resigns. The
officers of the Company are appointed at the pleasure of the board of
directors and may be removed at any time (subject to labour laws and
other constraints).

Each officer and director generally serves until the next annual
meeting of stockholders or until such time as he or she resigns.

The company does not have standing nominating or compensation
committees of the board of directors, or committees performing
similar functions. During the last fiscal year ended December 31, 2001,
the board of directors did not formally meet other than following the
last meeting of shareholders on December 19, 2001.

The company has appointed an audit committee comprised of Mr. Keith
Attoe, Mr. Gerry Racicot and Mr. Robert Kim.

ITEM 11: SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth information regarding the beneficial
ownership of shares of the company's common stock as of May 31, 2002
(22,573,886 issued and outstanding) by (i) all stockholders known to the
company to be beneficial owners of more than 5% of the outstanding
common stock; and (ii) all directors and executive officers of the
company, and as a group (each person has sole voting power and sole
dispositive power as to all of the shares shown as beneficially owned by
them):

On December 31, 2001, the Registrant had 22,573,886 shares of common
stock issued and outstanding. No additional shares of common stock
have been issued since that time to the date of this registration
statement.The following table sets forth certain information regarding
the beneficial ownership of the common stock of the Registrant as of
December 31, 2001 of (1) each person who is known to the Registrant to
own beneficially more than 5% of its outstanding common stock, (2)
each of its directors and officers, and (3) all of its directors and
officers as a group:

Name and Address Position Amount of Stock Percentage of
Beneficially Owned Class
DTIFF Holdings, LLC
(Eiger Technology, Inc.
subsidiary) 5% shareholder 14,359,600 63.61%
Robert Kim Director and
President,
5% shareholder 6,714,286 29.74%
Gerry Racicot Director (1) (1)
Keith Attoe Director and
Treasurer (2) (2)
J.K. Lee Corporate Secretary 0 0%
Directors, Officers
And 5% stockholders
in total (5 Persons) 21,073,886 93.36%

1. No shares of common stock are registered in Gerry Racicot's name.
However, as well as being a director of the Registrant, he is a
Director and President of Eiger Technology Inc. which, through its
wholly owned subsidiary ETIFF Holdings, LLC, owns 14,359,600 shares
of common stock of the Registrant. As stated in the table above,
ETIFF holds a total of 63.61% of the issued and outstanding stock
of the Company.

2. No shares of common stock are registered in Keith Attoe's name.
However, as well as being a director of the Registrant, he is a
Director of Eiger Technology, Inc. which, through its wholly owned
subsidiary ETIFF Holdings, LLC, owns 14,359,600 shares
of common stock of the Registrant. As stated in the table above,
ETIFF holds a total of 63.61% of the issued and outstanding stock
of the Company. Mr. Keith Attoe is also an Officer of ETIFF.

ITEM 12: DESCRIPTION OF SECURITIES

General Description.

The securities being offered are shares of common stock. The authorized
capital of the company consists of 100,000,000 shares of common stock,
$0.001 par value per share of which 22,573,886 shares of common stock
were issued and outstanding as of the date of this registration statement.

Each outstanding share of the common stock entitles the holder to one
vote, either in person or by proxy, on all matters that may be voted
upon by the owners thereof at meetings of the stockholders.

The holders of the common stock (i) have equal rights to dividends
from funds legally available therefore, when, and if, declared
by our the Board of Directors; (ii) are entitled to share ratably in
all of our assets available for distribution to the holders of the
common stock upon liquidation, dissolution or winding up of our
affairs; (iii) do not have preemptive, subscription or conversion
rights; and (iv) are entitled to one non-cumulative vote per share on
all matters on which stockholders may vote at all meetings of stockholders.

The holders of the common stock do not have cumulative voting rights,
which means that the holders of more than 50% of such outstanding
shares of common stock, voting for the election of directors, can
elect all directors of K-Tronik if they so choose and, in such event,
the holders of the remaining shares of common stock will not be able
to elect any of the directors.

Non-Cumulative Voting.

The holders of shares of common stock of the company do not have
cumulative voting rights, which means that the holders of more than 50%
of such outstanding shares, voting for the election of directors, can
elect all of the directors to be elected, if they so choose. In such
event, the holders of the remaining shares will not be able to elect any
of the company's directors.

Dividends.

The company does not currently intend to pay cash dividends. The
company's proposed dividend policy is to make distributions of its
revenues to its stockholders when the company's board of directors deems
such distributions appropriate. Because the company does not intend to
make cash distributions, potential shareholders would need to sell their
shares to realize a return on their investment. There can be no
assurances of the projected values of the shares, nor can there be any
guarantees of the success of the company.

A distribution of revenues will be made only when, in the judgment of
the company's board of directors, it is in the best interest of the
company's stockholders to do so. The board of directors will review,
among other things, the investment quality and marketability of the
securities considered for distribution; the impact of a distribution of
the investee's securities on its customers, joint venture associates,
management contracts, other investors, financial institutions, and the
company's internal management, plus the tax consequences and the market
effects of an initial or broader distribution of such securities.
Possible Anti-Takeover Effects of Authorized but Unissued Stock.

The company's authorized but unissued capital stock consists of
77,426,114 shares of common stock. One effect of the existence of
authorized but unissued capital stock may be to enable the board of
directors to render more difficult or to discourage an attempt to obtain
control of the company by means of a merger, tender offer, proxy
contest, or otherwise, and thereby to protect the continuity of the
company's management. If, in the due exercise of its fiduciary
obligations, for example, the board of directors were to determine that
a takeover proposal was not in the company's best interests, such shares
could be issued by the board of directors without stockholder approval
in one or more private placements or other transactions that might
prevent, or render more difficult or costly, completion of the takeover
transaction by diluting the voting or other rights of the proposed
acquirer or insurgent stockholder or stockholder group, by creating a
substantial voting block in institutional or other hands that might
undertake to support the position of the incumbent board of directors,
by effecting an acquisition that might complicate or preclude the
takeover, or otherwise.

Transfer Agent.

Because it is the trust and transfer agent of the Company's parent,
Eiger Technology, Inc. the Company has retained the services of Pacific
Corporate Trust Co., 625 Howe Street, Suite 830, Vancouver, British
Columbia V6C 3B8, to act as transfer agent and registrar. A copy of the
agreement whereby Pacific Corporate Trust Co. acts as transfer agent and
registrar for the Company is attached hereto as Exhibit 10.16.

ITEM 13: INTEREST OF NAMED EXPERTS AND COUNSEL

No named expert or counsel was hired on a contingent basis, will receive
a direct or indirect interest in the small business issuer, or was a
promoter, underwriter, voting trustee, director, officer, or employee of
the company, save and except as disclosed below.

Christopher D. Farber is a former director and officer of the Company
and is employed as inside legal counsel with the Company's parent, Eiger
Technology, Inc. His law corporation, CD Farber Law Corporation has
provided the opinion attached hereto as Exhibit 5.1. Christopher D.
Farber is the registered owner of 450,000 common shares of the Company.
He is the sole shareholder of Stonewall Capital Corp., a Canadian
corporation which is the registered shareholder of 35,000 common shares
of the Company.

ITEM 14: DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES
ACT LIABILITIES

The Articles and Bylaws of the Company do not provide for
indemnification of the directors and officers of the Company for acts
taken in their capacity as directors or officers.

The Articles and Bylaws of the Company do not prohibit arrangement by
the Company of indemnification insurance or an agreement by the
Company to indemnify directors and officers against loss or damage
from such acts.

Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and
controlling persons of the Company pursuant to any future amendments
to the Company's Articles or Bylaws, the Company has been advised that
in the opinion of the US Securities and Exchange Commission such
indemnification is against public policy as expressed in the
Securities Act of 1933 and is, therefore, unenforcable.

ITEM 15: ORGANIZATION WITHIN LAST FIVE YEARS

The names of the officers and directors are disclosed elsewhere in this
Form SB-2. None of these individuals, in a capacity as a promoter, has
received anything of value from the company. No other persons act as or
have acted as promoters of the Company.

The Share Purchase Agreement (the agreement by which we acquired our
operating subsidiary, K-Tronik N.A. Inc.) is discussed in Item 16:
Description of Business below. Under the terms of this agreement,
Robert Kim (our director and president) was issued shares of common
stock by the Company as was ETIFF Holdings, LLC, a wholly owned
subsidiary of our parent company, Eiger Technology, Inc. Two of our
directors, Gerry Racicot and Keith Attoe, also serve as directors of
Eiger Technology, Inc. As noted below, the Company was independent of
both Robert Kim and Eiger Technology, Inc. at the time of the
negotiation of the Share Purchase Agreement and these directors only
joined our board upon closing of the Share Purchase Agreement.

ITEM 16: DESCRIPTION OF BUSINESS

Company History.

The Company was incorporated in the State of Nevada on September 2,
1999, under the name of "LMC Capital Corp.".

At its meeting of shareholders dated November 13, 2001, the
shareholders of LMC approved a name change of the corporation to "K-
Tronik International Corp.". The necessary documents (including
directors' resolutions) have been filed with the Secretary of State of
Nevada to effect this name change and this name change was confirmed
by the Secretary of State of Nevada on January 14, 2002.

K-Tronik N.A. was incorporated in the State of Nevada on March 17,
1998 under the name of "K-Troniks, Inc.". Its name was changed to "K-
Tronik Int'l Corporation" on August 7, 1998. K-Tronik N.A. was formed
by its former parent, Eiger Technology, Inc. and a predecessor
company, K-Tronik Industries Inc. (a New Jersey corporation
incorporated in 1995) as a joint venture. Shares in K-Tronik N.A.
were issued to the two (at that time) shareholders, Mr. Robert Kim (in
exchange for vending in the assets of K-Tronik Industries, Inc.) and
Eiger Technology, Inc. (in exchange for financing the company). K-
Tronik N.A. has one subsidiary, K-Tronik (Asia) Corp., a Korean
corporation incorporated on May 31, 1998, of which it owns 100%.
The Company's registered office in the State of Nevada is 711 South
Carson Street Suite 4, Carson City, Nevada 89701. Its principal
executive offices are located at 1007 North Federal Hwy, Suite 304, Fort
Lauderdale, Florida 33304 and the address of its offices in Canada is
Suite 280 - 815 West Hastings Street, Vancouver British Columbia, Canada
V6C 1B4.

We became a reporting issuer under Section 12 of the Securities Exchange
Act of 1934 on September 28, 2000. As a reporting issuer, we are
required to file our financial statements (on a quarterly and annual
basis on Forms 10QSB and 10KSB respectively) on the EDGAR system
maintained by the Securities and Exchange Commission (www.sec.gov) . We
are also required to report periodic changes in our business and affairs.

General.

On November 29, 2001 we entered into an agreement (the "Share Purchase
Agreement"), to purchase all of the issued and outstanding shares of K-
Tronik N.A. from the two holders of these shares: Mr. Robert Kim (47%) and
ETIFF Holdings, LLC (a wholly owned subsidiary of Eiger Technology, Inc., a
Toronto Stock Exchange listed company)(53%) by way of the issuance of
6,714,286 common shares to Robert Kim and 7,571,428 common shares to ETIFF
Holdings, LLC ("ETIFF"). The common shares were issued at a deemed price
of $0.70 for a total purchase price of $10,000,000. These common shares
were issued effective December 12, 2001 upon closing.

As a condition of closing the Share Purchase Agreement, we entered into an
agreement (the "Debt Settlement Agreement") to settle the debts of K-Tronik
N.A. to its parent, ETIFF, in the amount of $4,071,000 by way of the
issuance to ETIFF of 4,071,000 of our common shares at a deemed price of
one common share per $1.00 of outstanding debt principal. However,
subsequent to closing it was found that the debt of K-Tronik N.A. to ETIFF
was not $4,071,000 but rather $3,788,172. As a result, 282,828 common
shares were returned to treasury by ETIFF and a new certificate
representing 3,788,172 common shares was issued to ETIFF. A copy of the
Debt Settlement Agreement is attached as Exhibit 10.9 and the amendment for
the reduction in the number of shares is attached as Exhibit 10.10.

As a condition of closing, ETIFF was granted the option (and exercised the
option) to purchase a total of 3,000,000 common shares of our outstanding
shares from a number of shareholders.

Upon closing, the former directors and officers of the Company (Phillip
Cassis, Christopher D. Farber, William J. Little) resigned upon closing.
The Directors were replaced by Mr. Keith Attoe (also Director and CFO of
Eiger Technology, Inc.), Mr. Gerry Racicot (also Director and President of
Eiger Technology, Inc.) and Mr. Robert Kim (also Director and President of
K-Tronik N.A.). Mr. Robert Kim was appointed as President of the
Registrant, Mr. Keith Attoe as Treasurer and Mr. J.K. Lee (also controller
of K-Tronik N.A.) as Secretary of the Registrant. Mr. Keith Attoe resigned
as Treasurer and was replaced by Robert Kim as Treasurer on June 6, 2002.

The closing of the Share Purchase Agreement occurred on December 12, 2001.

As a result of this closing, Eiger (through its subsidiary, ETIFF
Holdings, LLC) has a total of 14,359,600 shares of common stock of the
Company. This represents 63.61% of the issued and outstanding shares
of common stock.

As a result of this closing, Mr. Robert Kim, who was concurrently
appointed as Director and President, acquired 6,714,286 of the issued
and outstanding shares of common stock of the Company.

A copy of the Share Purchase Agreement is filed as an exhibit to the
Company's Report on Form 8-K dated December 16, 2001 and is
incorporated in its entirety herein. The foregoing description is
modified by such references. A copy is also attached as Exhibit 10.15.

K-Tronik N.A. is a leading North American, electronic ballast manufacturer.
K-Tronik N.A. has been in the business of designing, manufacturing
and selling electronic ballasts for the last six (6) years and has key
personnel who have lighting ballast manufacturing experience of over
ten (10) years.

K-Tronik N.A. ballasts have recently been installed in JFK Airport, J.F.
Kennedy Center, Ford Motor Corporation, Chase Manhattan Bank, Citibank,
Florida Department of Transportation as well as numerous schools and
hospitals throughout United States. K-Tronik N.A. currently manufactures
ballasts for the US, Canadian, Asian, Latin-American and European markets
although past sales have focussed on the United States. In the fiscal year
ending September 30, 2001, US sales accounted for 93% of our sales in total
and sales to other areas accounted for 7% of our sales.

K-Tronik N.A. is particularly active with supplying ESCOs (Energy Services
Companies) ballast products used in generating energy savings for
customers' commercial and industrial buildings.

A "ballast" is a device in lighting systems that operates fluorescent
lights. The ballast provides the necessary starting voltages,
frequency and wattage to a fluorescent lights while limiting and
regulating the current during the light's operation. Without a
ballast, a fluorescent light would be destroyed immediately when
voltages were applied by switching it on. Many people recognize
ballasts as the "black boxes" in their fluorescent light fixtures at
home that are visible when they replace the fluorescent tubes.

Electronic ballasts use semi-conductor components to increase the
frequency of fluorescent light operation. The smaller inductive
components provide the light's current control. Fluorescent system
efficiency is increased due to high frequency light operation.
Electronic ballasts, when used with T-8 fluorescent light systems,
result in about a 30% savings of electricity when compared to
conventional T-12 40watt light systems (or bulbs).

K-Tronik's N.A.'s main sales target is the niche market which other,
larger manufacturers find too small to accommodate and the design and
custom manufacture of specialty ballasts has been key to K-Tronik
N.A.'s acceptance in the lighting industry.

K-Tronik N.A. has a number of product lines including its new "MVP"
multi-voltage product line which is designed to cater to growing
market demand for multi voltage electronic ballast products. Multi-
voltage products reduce "brownouts" which are becoming more common not
just in the US but worldwide.

Our ballasts are manufactured in our K-Tronik (Asia) plant in South
Korea (through our Korean subsidiary, K-Tronik (Asia) with some
components (such as electronic transformers) sourced through either
South Korean manufacturers or manufacturers in mainland China.
Ballast components are, effectively, commodities (assuming that they
are produced within proper specifications with normal failure rates)
so the business failure of any one of our suppliers (even one of our
major suppliers such as Dae Gyung Corp. of South Korea, a transformer
company) would be unlikely to affect us greatly.

Assembled and manufactured ballasts are then shipped to North America
or other markets for sale and distributed (for the most part) from our
premises in Hackensack, New Jersey to our end customers.

We often grant credit, on an unsecured basis, to our distributors and
end customers (installers) in the US. To reduce the risk of operating
this way, we purchase insurance, including Accounts Receivable Credit
Insurance so that some money is recoverable in the event of default
on payment.

Product Pricing

As electronic ballasts have become more of a commodity item in the
lighting industry over time, the prices for ballasts have dropped from
$20.00 to $11.27 on average from 1993 to 2001.

The result has been increasingly difficult competition, mergers and
closures in the ballast industry and attempts by companies to find low
labor cost jurisdictions (such as mainland China or Mexico) in which to
manufacture product.

Product Development

K-Tronik N.A. and its engineering team engage in ongoing research and
development relating mostly to product design and market requirements.
The result has been the introduction of a number of products in the
last two years which are designed to meet changing consumer demands,
regulatory requirements and energy saving goals.

K-Tronik N.A. intends to focus on new product development in the
ballast industry, in particular the development of smaller ballast
products and better production systems which reduce production and
delivery time (reducing costs and increasing production reliability).

Markets

The market for our ballasts is essentially split in two parts: the
market for original installations (such as those in new buildings)
where ballasts are purchased by original equipment manufacturers
("OEM"s) and the market for replacement of existing ballasts to
install energy saving ballasts (the "retrofit" market).

The market for electronic ballasts grew significantly in the 1990s
(000s of units) as exemplified by the following figures for 4' x 8'
electronic ballasts:

Year OEM Retrofit

1989 713 713
1990 1,501 1,501
1991 4,172 4,172
1992 6,912 6,380
1993 13,103 10,721
1994 14,238 10,741
1995 15,334 11,065
1996 16,089 11,765

The OEM market growth has outpaced retrofit market growth.

(Source: US Census Bureau, 4' x 8' ballast models only.)

Distribution in the OEM market is effected by a large number of
distributors which typically will carry a whole range of lighting and
building products. Distribution in the retrofit market is effected by
energy saving companies ("ESCO"s) which will often be involved in the
analysis of a buildings or institution's potential cost savings from a
retrofit and which are often owned or operated by energy utilities.

There are two main types of ballast products: those which rely on
magnetic technology ("magnetic ballasts") to carry and regulate
current in lighting and those which rely on electronic transformers
("electronic ballasts") to carry out the same functions.

There are many different types of magnetic and electronic ballasts,
each suiting individual customer needs which may vary according to
customer tolerance for energy consumption, EMI emissions and multi
voltage needs.

Estimating the size of the ballast market overall is difficult and it
varies from year to year with general economic growth, commercial and
residential real estate markets and other factors (including some
"shocks" to the market such as the Department of Energy's requirement
for magnetic ballasts to be phased out by April 1, 2005 or the energy
difficulties of California in 2000-2001 which saw demand for
electronic ballasts increase).

In the year 2000, a total of 101,676,000 ballast were sold in the
United States. Of these ballasts sold, 55,118,000 were magnetic
ballasts and 46,558,000 were electronic ballasts (Source: US Census Bureau).

At this time, electronic ballasts account for approximately 46% of
ballast sales.

K-Tronik N.A. manufactures and distributes only electronic ballasts.

Market Trends and Analysis:

The market for ballasts has been shifting from magnetic to electronic
ballasts over the last 20 years.

The market is likely to further shift to electronic ballasts in the
future because of changing regulatory requirements regarding magnetic
ballasts' EMI emissions, reliability of electronic ballasts,
decreasing costs of electronic ballasts over time and electronic
ballasts' relative versatility. The number of electronic ballasts
sold has been increasing over time at a much greater growth rate than
the overall number of ballasts sold, which has been essentially flat
and has not shown significant growth as a industry (Source: US Census Bureau).

The market for ballasts is experiencing significant changes which K-
Tronik N.A. hopes to exploit. The United States Federal Department of
Energy has mandated the elimination of magnetic ballasts in the
commercial and industrial new construction or renovation industry
(because of perceived EMI emissions problems and because of energy
efficiency concerns, Department of Energy news release dated October
15, 1999 at www.energy.gov/HQPress) by April 1, 2005. As a result,
electronic ballasts such as those manufactured by K-Tronik N.A. will
capture the entire ballast market and competitors which have typically
manufactured magnetic ballasts will be forced to introduce new
products or lose their market share.

Marketing Strategy:

The Company's marketing strategy is characterized by the following:

Delivering niche products to customer groups: As a small
manufacturer, the Company can deliver niche or specialty products
which it is uneconomical or unattractive for its larger competitors to deliver.

Exploiting market changes: As a manufacturer of electronic ballasts,
the Company is likely to experience sales growth due to the banning of
magnetic ballasts by the US Department of Energy in 2005 in commercial
and industrial installations.

Building brand name recognition: With sales expanding since its
founding, K-Tronik N.A. is becoming more recognized in this industry
where brand name recognition is important to overall acceptance of
your products by customers. Sales are typically made to purchasing
agents who often base a buying decision on whether or not they
recognize and trust the manufacturer's name.

Focusing on ballasts with energy efficiency advantages: K-Tronik
N.A.'s ballasts (because they are electronic) are, in the company's
view, less susceptible to variations in power grid currents
("brownouts") which have occurred in the United States and South
America in recent years. K-Tronik N.A. hopes to continue developing
products which have some superiority in this area and to exploit
markets where this competitive factor is key (eg. California, the
Northeastern United States, South America).

Focusing on relationships with ESCOs: the retrofit market has a
higher margin than the OEM market and, as a result, relationships with
ESCOs are crucial in building profitability.

As part of our strategy outlined above, we spent $103,697 on
advertising in the fiscal year ending September 30, 2001 and $111,129
in the fiscal year ending September 30, 2002.

We do not have one dominant customer but rather sell to a large number
of companies, agents and distributors. Honeywell Inc. is our largest
customer accounting for approximately 12% of our sales and Jademar
Corporation (discussed below) is our largest distributor.

To date, almost all of our sales have been North American (the United
States and Canada). We are, however, trying to expand internationally.

In 1999, we entered into an agreement with Jademar Corporation
granting Jademar Corporation exclusive distribution rights in a number
of territories in South America and the Caribbean. The agreement
provides for a three year term from October 1, 1999 and, we hope,
will result in increasing sales in markets outside of the United
States and Canada. In the fiscal year ended September 2000, Jademar
had sold a total of $553,485 worth of our ballasts. This figure
increased to $707,828 in the fiscal year ended September 2001. Sales
of our ballasts through Jademar accounted for approximately 12% of our
total sales in the fiscal year ending September 2000 and approximately
11% of our total sales in the fiscal year ending September 2001. This
slight decrease was due to greater growth in our domestic sales. A
copy of our agreement with Jademar Corporation is attached as Exhibit 10.12.

Competitors

The chief competitors in the ballast industry are Advance (a division
of Philips), Magnetek and Osram (a division of Sylvania). Motorola was
also a competitor until 1999 when it sold its ballast manufacturing,
distribution and sales division to Osram (Sylvania).

In 2001, Advance (Philips) had approximately 25% of the ballast
market, Magnetek had approximately 22.5% of the ballast market and
Osram (Sylvania) had approximately 16.5% of the ballast market. SLI
(a division of Valmont Industries Inc.) had approximately 13% of the
market. ESI (a division of Energy Savings Inc.) is also a competitor
with 10% of the market in 2001. (Source: US Census Bureau).

K-Tronik N.A. and two other small competitors combined had only 13% of
the ballast market. Our name is not as recognizable as our
competitors nor do we have their sales volume. This constitutes a
competitive disadvantage for us as discussed below in Competitive
Factors in the Market.

It is possible but unlikely (because of the existing low margins and a
highly competitive atmosphere) that additional competitors will enter
the ballast market. Barriers to entry are low compared to industries
which are capital intensive or rely upon intellectual property rights
in production. Many of the components in ballasts are commodities
(for example, electronic transformers) and readily available to
potential competitors.

Competitive Factors in the Market:

The Company has a number of strengths and some weaknesses relating to
the competitive factors in the ballast manufacturing industry.

The main competitive factors in the ballast market are as follows:

- -brand name recognition (credibility)
- -low cost production
- -quality and length of customer relationships
- -distribution (warehousing and shipping) capabilities
- -new product development capability
- -quality (reliability) of ballast products
- -relationships with ESCO (Energy Saving Companies) for industrial and
commercial energy savings retrofits
- -increasingly, ability to produce electronic rather than magnetic ballasts

Each of our competitors has strengths and weaknesses. ESI (Energy
Savings) has only "plug in" ballast models that fit a minority of
fixtures (most fixtures require lead wires, especially in industrial
and commercial fixtures). Advance does not have low cost overseas
production at this time (although it has announced it is in the
process of developing such production in Mexico).

The Company hopes to take advantage of low cost production (possibly
through the acquisition of one of its suppliers, Dae Gyung Corp.) in
China. In a highly competitive industry, this low cost production
could be key to its long term profitability and survival. We had
planned to acquire Dae Gyung Corp. earlier this year but difficulties
in effecting the transfer of Dae Gyung Corp.'s shares in Korea caused
us to terminate the acquisition.

K-Tronik N.A. has begun to sell direct to consumers while its largest
competitors (because of established intercorporate relationships) must
often sell through distributors (including internal distributorship
divisions or subsidiaries). This gives K-Tronik a chance to capture
the profits normally realized by those distributors or to reduce its
own costs relative to other manufacturers.

K-Tronik N.A. and K-Tronik (Asia) have an experienced Korean and
American engineering team to allow us to develop new products in
response to changes in the ballast market (such as those which are
periodically created by regulatory changes or initiatives).

K-Tronik N.A., through its hiring of many former employees of
competitors, has developed long term relationships with many customers
and we have ourselves (through our own sales) built our long term
relationships. We are building name recognition through advertising
(trade magazines and shows) in addition to our sales.

K-Tronik N.A. has a warehousing and shipping department which, because
it ships only ballasts, is focussed on delivering ballasts on a
timely basis unlike large competitors with a wide range of products
(such as Sylvania and Philips).

K-Tronik N.A. is able to market directly to customers because it does
not have distribution divisions (such as its larger competitors, Osram
(Sylvania) and Advance (Philips)) for which ballasts may be a small
item or a low priority.

K-Tronik N.A. is actively attempting to expand its sales in ESCO
(Energy Saving Company) and South American markets, growing segments
which its major competitors have not seemed to target and would like,
ideally, to acquire any available ESCOs which it may have the funds to
acquire.

The ESCO (Energy Saving Company) market may become particularly
important to us in the future. ESCOs perform energy usage audits and
evaluations to large companies, the US government, hospitals, school
systems and other groups.

Although there are some independents, most ESCOs are owned by large
utility companies. They typically will recommend upgrade of existing
ballasts to bring cost savings to their customers.

These ESCO companies continue to gain ballast market share annually
and have become a key base for ballast purchases. Approximately 50%
of buildings and institutions in the US have not yet retrofitted to
energy saving electronic ballasts (Market Studies Inc., North Carolina).

Although we are pleased with our growth in the last six years, we are
still a minor player in the ballast industry. We do not have the
brand name recognition that Sylvania or Motorola have. We do not
have the strategic business relationships with distributors (or
ownership of them) that our major competitors have. We do not have
access to the same financial resources that our largest competitors
may have through their parent companies although, in the past, our
parent company, Eiger Technology, Inc. has funded our working capital
needs a number of times. There can be no assurance Eiger Technology,
Inc. will continue to do so.

Proprietary Protection

(a) General.

K-Tronik N.A. has applied for US patents on its MVP product line and
these patents are pending.

The "K-Tronik" name has been trademarked in the United States but not
in other jurisdictions.

(b) Pending Patents, Copyrights and Trade Secrets.

Other than as discussed above, we do not have any plans to seek patent
protection or copyright for any other products or materials. It is
unlikely that the process by which we assemble and produce our ballast
products would itself be patentable.

(b) Pending Trademark Applications.

The Company has not applied for any additional trademarks and has no
current plans to apply for additional trademarks.

Management and Key Employees:

At this time, none of our employees are subject to collective bargaining
agreements (in K-Tronik International Corp. and its two subsidiaries, K-
Tronik N.A. Inc. and K-Tronik (Asia).

The key employees of K-Tronik N.A. (who also provide management and
other services to K-Tronik (Asia)) include the following:

Mr. Robert Kim, President of the Company and President of K-Tronik N.A.:

Robert Kim has a number of years of experience in the ballast industry
in sales and management roles.

Mr. John Andrews, Director of Sales and Operations of K-Tronik N.A.:

John Andrews joined K-Tronik N.A. in June of 1999. His
responsibilities include managing national sales, inventory
management, credit and collection and corporate marketing. John
Andrews was employed by LG Industrial Systems USA (a small ballast
manufacturer) from 1996 to 1999 as Director of Sales and Operations.

K-Tronik N.A., on occasion, utilizes the services of engineering and
design consultants where its internal expertise is insufficient or
otherwise committed to other projects.

K-Tronik N.A. has a total of 6 employees and K-Tronik (Asia) has a
total of 40 employees. The majority of K-Tronik (Asia)'s employees
(25) are involved in production / manufacturing positions. A total of
5 employees (2 in K-Tronik N.A. and 3 in K-Tronik (Asia)) are involved
in Research and Development and Engineering positions. Mr. Robert Kim
is actively involved in management of K-Tronik (Asia).

K-Tronik N.A., through hirings from industry competitors, has
attempted to build service, distribution and sales capability.
Hirings have come from Motorola (which ceased ballast production
operations in 1999) and from Magnetek, one of our major competitors.

We anticipate hiring one (1) additional full-time person in sales and
marketing during the remainder of 2002 in order to meet our business
objectives. Salaries and benefits for this person will be paid from
ongoing operating revenues and hirings will only be made where
revenues and available cash flows permit.

ITEM 17: MANAGEMENT'S DISCUSSION AND ANALYSIS

The following discussion should be read in conjunction with the
financial statements of the company and notes thereto contained
elsewhere in this prospectus.

(a) Fiscal Years Ended September 30, 2001 and September 30, 2002

The following discussion is based on the audited financial statements
of K-Tronik N.A. Inc. without consolidation with the operations and
activities of the Company. It is felt that these figures more
closely reflect performance and inform readers than consolidated
figures would.

Net Sales and Gross Profit

Net sales for K-Tronik N.A. for fiscal 2001 were $6,680,622, a 47%
increase from the $4,494,699 for fiscal 2000. The increase in
revenue was the result (in part) of the introduction of the MVP
multi-voltage ballast line along with a concentration of sales in the
northeastern US to OEM (Original Equipment Manufacturers) customers
and broad general sales increases to all customers.

Gross profit increased to $1,587,216 (23.76% of net sales) for fiscal
2001 vs. $1,407,983 (31.33% of net sales) for fiscal 2000. The
increase in gross profit was the result of the increase in sales
(47%). Increase in gross profit was less (as a percentage) than the
47% growth in net sales in part because of price pressures existing
in the ballast market. Prices appeared to be stable in the industry
from mid fiscal 2001 onwards.

Selling, General and Administration

Selling, General and Administrative (SG&A) expense was $2,011,218
(30.11% of net sales) in fiscal 2001 vs. $1,646,893 (36.64% of net
sales) for fiscal 2000. The overall increase was the result of
additional payroll expenses and variable costs associated with
producing more product to meet the 47% net sales growth.

Interest and Other Expense

Interest expense was $240,051 for fiscal 2001 vs. $168,221 for fiscal
2000. The increase can be attributed to the cost of financing
production of additional ballasts to meet increasing demand for
product.

Net Income

We had an after tax loss from continuing operations of $567,375 for
fiscal 2001 vs. $1,039,611 for fiscal 2000, an encouraging result.
We attribute the decrease in after tax loss to increased sales and a
cost savings program which started in June 2001. Charges for bad
debt exposure increased from $5,000 in fiscal 2000 to $54,494 in
fiscal 2001, a change we attribute to deteriorating economic
conditions overall with some very small customers discontinuing
operations in 2001.

During the year ended September 30, 2000, K-Tronik N.A. Inc. changed
its method of accounting for organization cost to conform with the
new requirements of Statement of Position 98-5 Reporting on the Cost
of Start-up Activities. The effect of this change was to decrease
net income for September 30, 2000 by $337,896.

At September 30, 2001 a total of $1,205,351 had been drawn down on
the $1,500,000 line of credit extended to us by Business Alliance
Capital Corporation. At September 30, 2001 a total of $221,260 had
been drawn down by our subsidiary, K-Tronik (Asia), on its line of
credit.

(b) Changes in liquidity, capital resources and results of
operations subsequent to September 30, 2001:

The following discussion is based on the unaudited consolidated
financial statements filed by the Company for the three months ending
December 31, 2001 and March 31, 2002.

The six months ending March 31, 2002 saw our operations affected by
the general economic downturn in the US and global economies and the
uncertainty associated with September 11, 2001.

Our net loss for the six months ending March 31, 2002 ($237,118) was
up slightly from the six months ending March 31, 2001 ($167,162).
Our net revenues were down slightly for the three months ended March
31, 2002 ($1,702,722) compared with the same period in fiscal 2001
($1,788,049).

Our line of credit with Business Alliance Capital Corporation has
been drawn down more in the three months ending March 31, 2002. At
December 31, 2001, $1,046,753 had been drawn down and at March 31,
2002 $1,182,671 had been drawn down. However, this is still lower
than the amount which was drawn down at September 30, 2001 which was
$1,205,351. Our subsidiary, K-Tronik (Asia) had drawn down more on
its line of credit ($480,024 as of December 31, 2001) than was drawn
down at the last fiscal year end ($221,260 as of September 30, 2001)
due in part to seasonal production and sales fluctuations (the fall
is typically a high cost, high production time in preparation for
spring product deliveries and residential / industrial construction).

Subsequent to the last fiscal year end at September 30, 2001, the
purchase of K-Tronik N.A. Inc. by K-Tronik International Corp. was
completed and there have, as a result, been three important changes
in our financial position which are worth noting.

The first important change in our financial position has been the
settlement of our debts to our parent company, Eiger Technology, Inc.
(which holds the majority of our issued and outstanding shares
through its wholly owned subsidiary, ETIFF Holdings, LLC). The Debt
Settlement Agreement is attached as Exhibit 10.9. A total of
$3,788,172 in debt to Eiger Technology, Inc. was settled pursuant to
the Debt Settlement Agreement in exchange for shares of the Company.

The second important change in our financial position has been the
completion of negotiations with Business Alliance Capital Corporation
("BACC") to extend the terms of our credit facility with that company.
The Loan and Security Agreement with BACC is attached as Exhibit
10.2 and a number of amendments (including the April 16, 2002
amendment) are attached as Exhibits 10.3 to 10.8 (with Exhibit 10.8
being the master promissory note by which our indebtedness to BACC is
evidenced).

The third important change is that Eiger Technology, Inc., as a
result of the completion of the purchase of K-Tronik N.A. Inc. by the
Company, has significantly increased its percentage ownership of K-
Tronik N.A. Inc. In the past, Eiger Technology, Inc. has made
significant loans of working capital to K-Tronik N.A. Inc. and Eiger
Technology, Inc.'s interest in increasing its percentage ownership
indicates its long term commitment to the Company. However, Eiger
Technology, Inc. is under no contractual or other legal obligation to
provide the Company with working capital or further loans.

Net Sales and Gross Profit

The Company reported net sales of $3.1 million for the 2002 period, a
decrease $.2 million or 6% from the $3.3 million of sales reported
for the 2001 period. Sales in the 2002 period continue to be
negatively impacted by the 9/11 World Trade Center event and the
overall slow down in the US economy. However, management noted that
revenues began stabilizing late in the 2002 period. The Company's
gross profit remained flat at $.8 million (26% of net sales) in the
2002 period compared to $.8 million (24% of net sales) in the 2001
period. The overall decrease in gross profit was mainly attributed to
sales price pressures, which were a direct result of the 9/11 World
Trade Center and the overall; slow down in the US economy. In an
effort to maintain monthly sales volumes, manufacturers were forced
to significantly decrease sales prices.

Selling, General and Administrative Selling, general and
administrative (SG&A) expenses remained flat at $.9 million for both
the 2002 and 2001 periods as the Company continued to operate its
business consistent with sales levels.

Interest and Other Expenses

Interest and other expenses decreased to $109,000 for the 2002 period
compared to $115,000 for the 2001 period. The decrease was primarily
attributed to a decrease in the borrowing of funds in the 2002 period.

Net Loss

The Company reported a net loss attributable to common shareholders
of $(237,000) for the 2002 period as compared to net loss of
$(167,000) for the 2001 period. The increase in loss was the direct
result of the decrease in sales in the 2002 period and the related
decrease in gross profit resulting from the price pressures
experienced.

Liquidity and Capital Resources At March 31, 2002,

K-Tronik continues its agreement with B.A.C.C., its primary finance
(lender) company, for asset-based financing. Renewal of this
agreement takes place June 2002. At this time, K-Tronik foresees
extending that agreement through Jun 2003.

We, along with many companies, are cautiously optimistic about the
economy and our own sales prospects for the rest of fiscal 2002.

However, while we hope to expand sales by the end of the September
2002 fiscal year (and sales appear to be expanding with our September
2001 fiscal year sales results being our highest yearly sales to
date) and move towards profitability, there can be no assurance that
our performance will continue to improve. We, like many companies,
are vulnerable to a variety of risks (including overall economic
performance in the US and abroad and currency fluctuations) and the
heading "Risk Factors" above should be read in conjunction with any
attempt to predict future results of operations. We have experienced
some downturn in sales in the first quarter ended December 31, 2001
which we attribute to the overall economic slowdown in the US,
aggravated by the events of September 11, 2001.

Forward-Looking Statements.

This prospectus contains "forward looking statements" within the meaning
of Rule 175 of the Securities Act of 1933, as amended, and Rule 3b-6 of
the Securities Act of 1934, as amended, including statements regarding,
among other items, the company's business strategies, continued growth
in the company's markets, projections, and anticipated trends in the
company's business and the industry in which it operates. The words
"believe," "expect," "anticipate," "intends," "forecast," "project," and
similar expressions identify forward-looking statements. These forward-
looking statements are based largely on the company's expectations and
are subject to a number of risks and uncertainties, certain of which are
beyond the company's control. The company cautions that these
statements are further qualified by important factors that could cause
actual results to differ materially from those in the forward looking
statements, including, among others, the following: reduced or lack of
increase in demand for the company's products, competitive pricing
pressures, changes in the market price of ingredients used in the
company's products and the level of expenses incurred in the company's
operations. In light of these risks and uncertainties, there can be no
assurance that the forward-looking information contained herein will in
fact transpire or prove to be accurate. The company disclaims any
intent or obligation to update "forward looking statements."

ITEM 18: DESCRIPTION OF PROPERTY

K-Tronik (Asia) and K-Tronik N.A. do not have any physical property
other than their production and office equipment. K-Tronik (Asia)'s
plant in Korea is leased (as is the office and warehousing space of K-
Tronik in New Jersey). K-Tronik (Asia)'s plant has a production
capacity of 100,000 ballast pieces per month.

K-Tronik N.A.'s lease of its premises in Hackensack New Jersey expires
on November 30, 2002.

K-Tronik (Asia)'s lease of its factory in South Korea expired on March
31, 2002 but K-Tronik (Asia) has exercised an option to extend the
lease by two years to March 31, 2004. Negotiations are still
continuing on the terms of the extension.

Total consolidated rent expense was approximately $105,900 and $90,000
for the fiscal years ended September 30, 2001 and September 30, 2000
respectively.

We do not anticipate that there will be difficulty in renewing our
lease of the Hackensack, New Jersey premises and do not anticipate
that the factory premises in Korea (and the Company's equipment) will
require significant upgrading or additional investment. The Company
has made significant investments in equipment in the Korean factory
premises in past fiscal years.

ITEM 19: CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

During the past two years, there have not been any transactions that
have occurred between the company and its officers, directors, and five
percent or greater shareholders, except as follows:

The Share Purchase Agreement described in Description of Business above
resulted in the Company issuing to its president and director, Mr.
Robert Kim, shares in exchange for his shares of the Company's
subsidiary, K-Tronik N.A. Inc. The closing of the Share Purchase
Agreement and the Debt Settlement Agreement also resulted in the
issuance of shares to ETIFF Holdings, LLC, a subsidiary of the Company's
parent, Eiger Technology, Inc. (of which two of the directors of the
Company, Gerry Racicot and Keith Attoe, are directors and officers). At
the time of the negotiation of the Share Purchase Agreement and the Debt
Settlement Agreement, the Company was not a related party of Robert Kim
and Eiger Technology, Inc. The terms of the Share Purchase Agreement
and the Debt Settlement Agreement were negotiated between the Company,
Robert Kim and Eiger Technology, Inc.

Certain of the officers and directors of the Company are engaged in
other businesses, either individually or through partnerships and
corporations in which they have an interest, hold an office, or serve on
a board of directors. As a result, certain conflicts of interest may
arise between the company and its officers and directors. The company
will attempt to resolve such conflicts of interest in favor of the
company. The officers and directors of the company are accountable to
it and its shareholders as fiduciaries, which requires that such
officers and directors exercise good faith and integrity in handling the
company's affairs. A shareholder may be able to institute legal action
on behalf of the company or on behalf of itself and other similarly
situated shareholders to recover damages or for other relief in cases of
the resolution of conflicts is in any manner prejudicial to the company.

ITEM 20: MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

There is no market for the securities of the Company at this time.
The Company's securities are not traded on a recognized exchange or
over-the-counter trading system at this time.

There are no outstanding warrants or options to purchase shares of the
Company's common stock at this time although the shareholders' meeting
held on November 12, 2001 approved an Incentive Stock Option Plan
which would allow us to grant up to 1,000,000 incentive stock options
to directors and employees at the board of directors' discretion. The
Incentive Stock Option Plan is attached as an Exhibit to our
Definitive Proxy Statement on Form 14A filed on October 16, 2001.

As of the date of this prospectus, there were 44 shareholders of record
of the company's common stock holding a total of 22,573,886 shares of
common stock.

Of these 22,573,886 shares of common stock, a total of 8,288,172 shares
held by 43 persons are being registered under this registration statement.

A total of 14,285,714 shares of common stock are not being registered.
Of these 14,285,714 shares of common stock, 6,714,286 were issued to the
Company's President and Director, Mr. Robert Kim, is consideration of
his sale to the Company of his shares of the Company's wholly owned
subsidiary, K-Tronik N.A. Inc.

The 14,285,714 shares will not be available for sale in the open market
without separate registration except in reliance upon Rule 144 under the
Securities Act of 1933. In general, under Rule 144 a person (or persons
whose shares are aggregated) who has beneficially owned shares acquired
in a non-public transaction for at least one year, including persons who
may be deemed affiliates of the company (as that term is defined under
that rule) would be entitled to sell within any three-month period a
number of shares that does not exceed the greater of 1% of the then
outstanding shares of common stock, or the average weekly reported
trading volume during the four calendar weeks preceding such sale,
provided that certain current public information is then available. If
a substantial number of the shares owned by these shareholders were sold
pursuant to Rule 144 or a registered offering, the market price of the
common stock could be adversely affected. The 14,285,714 shares of
common stock were issued on December 12, 2001.

In addition to the resale restrictions on these shares detailed above,
the 6,714,286 shares held by Mr. Robert Kim are subject to an agreement
by which he agrees not to separately register the shares. This
agreement, the Escrow Agreement, is attached hereto as Exhibit 10.11.

Dividend Information.

The company has not declared or paid a cash dividend to stockholders
since it was incorporated on September 2, 1999. The board of directors
presently intends to retain any earnings to finance company operations
and does not expect to authorize cash dividends in the foreseeable
future. Any payment of cash dividends in the future will depend upon
the company's earnings, capital requirements and other factors.

ITEM 21: EXECUTIVE COMPENSATION

Summary Compensation Table

Annual compensation Long-term Compensation
Awards Payouts
Name and Other Restricted Securities
principal annual stock underlying LTIP All other
position Year Salary Bonus compensation award(s) options/SARs payouts compensation
($) ($) ($) ($) (#) ($) ($)
(a) (b) (c) (d) (e) (f) (g) (h) (i)

Robert Kim(2) 2000 $150,000 0 0 0 0 0 0
President 2001 $172,000 0 0 0 0 0 0
Treasurer &
Director

Keith Attoe 2000 0 0 0 0 0 0 0
Director 2001 0 0 0 0 0 0 0

Gerry Racicot 2000 0 0 0 0 0 0 0
Director 2001 0 0 0 0 0 0 0

J.K Lee(1) 2000 0 0 0 0 0 0 0
Corporate 2001 $ 11,000 0 0 0 0 0 0
Secretary

(1) J.K. Lee is paid by the Company's subsidiary, K-Tronik. As J.K.
Lee only joined K-Tronik N.A. in September of 2001, his salary
figure does not reflect his annual salary of $33,000.

(2) Robert Kim is paid by the Company's subsidiary, K-Tronik N.A.

The Company, at its annual meeting of shareholders held on November
13, 2001, approved a stockholders' resolution to adopt a Stock Option
Plan. As a result, some or all of the persons named above may be
granted options in the future. To date, no options have been granted
or are contemplated to be granted nor has the plan been filed with the
SEC using the S8 Registration Statements procedure.

There is no known relationship between any of the Directors and
Control persons with major clients or providers of essential products
and technology, nor are there any known related transactions.
Save and except as detailed above, none of the officers and directors of
the Company have received any compensation from the company. Save and
except as detailed above, none of these individual's total compensation
under these contracts, including special allowances or bonuses, will
exceed $100,000 this year (approximately). All officers and directors
will be reimbursed for expenses incurred on behalf of the company
including director expenses pertaining to attendance at meetings. It is
anticipated that additional management may be hired as the company
develops and revenue is generated. If such hirings occur, salaries paid
to new employees will be consistent with the salaries of others in
similar positions in the industry.

There are no annuity, pension or retirement benefits proposed to be paid
to officers, directors, or employees of the company in the event of
retirement at normal retirement date as there is no existing plan
provided for or contributed to by the company.

ITEM 22: FINANCIAL STATEMENTS

The following financial statements are incorporated in this
registration statement:

Audited Consolidated Financial Statements of K-Tronik N.A. Inc.
(formerly K-Tronik Int'l Corporation) dated September 30, 2001 (the
Company's latest year end) with comparatives for September 30, 2000:

Report of Independent Auditor dated November 30, 2001 (except
for Notes 4 and 14 for which the dates are December 3, 2001 and
December 6, 2001 respectively)

Consolidated Balance Sheet as at September 30, 2001

Consolidated Statements of Changes in Stockholders' Equity as at
September 30, 2001

Consolidated Statement of Cash Flows for the year ended
September 30, 2001

Notes to Consolidated Financial Statements as at September 30, 2001

Unaudited Consolidated Financial Statements of K-Tronik International
Corp. (formerly LMC Capital Corp.) dated March 31, 2002 (the
Company's latest quarterly financial statement filing)

With the completion of the acquisition of K-Tronik N.A. Inc. on
December 12, 2001, the Company's year end was changed to September
30. As a result, the December 31, 2001 financial statements filed on
EDGAR were not audited or presented on form 10KSB (but rather were
presented on form 10QSB as they represented the first quarter of the
new fiscal year).

The stand alone audited financial statements for K-Tronik N.A. Inc.
are referenced above as they are more material to a reader's
understanding of the Company and its present financial situation and
history. The Company, prior to the acquisition of K-Tronik N.A.
Inc., had limited operations and activities which were not material
to its financial affairs when consolidated with K-Tronik N.A. Inc.

K-TRONIK INT'L CORPORATION
CONSOLIDATED FINANCIAL REPORT
SEPTEMBER 30, 2001 AND 2000

K-TRONIK INT'L CORPORATION
FOR THE YEARS ENDED SEPTEMBER 30, 2001 AND 2000

C O N T E N T S

Page

INDEPENDENT AUDITORS' REPORT 1-2

CONSOLIDATED FINANCIAL STATEMENTS:

Balance Sheet 3

Statement of Operations and Comprehensive Loss 4

Statement of Changes in Stockholders' Equity (Deficiency)
and Minority Interest 5

Statement of Cash Flows 6

Notes to Consolidated Financial Statements 7-12

SUPPLEMENTARY INFORMATION TO CONSOLIDATED FINANCIAL STATEMENTS:

Independent Auditors' Report on Supplementary Information 13

Consolidating Balance Sheet 14

Consolidating Statement of Operations and Comprehensive Loss 15

Consolidating Statement of Cash Flows 16

K-TRONIK INT'L CORPORATION
FOR THE YEARS ENDED SEPTEMBER 30, 2001 AND 2000

C O N T E N T S

Page

INDEPENDENT AUDITORS' REPORT 1-2

CONSOLIDATED FINANCIAL STATEMENTS:

Balance Sheet 3

Statement of Operations and Comprehensive Loss 4

Statement of Changes in Stockholders' Equity (Deficiency)
and Minority Interest 5

Statement of Cash Flows 6

Notes to Consolidated Financial Statements 7-11

Board of Directors
K-Tronik Int'l Corporation
290 Vincent Avenue
Hackensack, New Jersey 07601

INDEPENDENT AUDITORS' REPORT

We have audited the accompanying consolidated balance sheet of K-
Tronik Int'l Corporation as of September 30, 2001 and 2000, and the
related consolidated statements of operations and comprehensive loss,
changes in stockholders' equity (deficiency) and minority interest,
and cash flows for the years then ended. These consolidated
financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these
consolidated financial statements based on our audits. We did not
audit the financial statements of K-Tronik Asia Corporation, a
majority owned subsidiary, which statements reflect total assets of
approximately $1,526,000 and $2,135,000 as of September 30, 2001 and
2000, respectively, and total revenues of approximately $5,843,000
and $2,992,000 for the years then ended. Those statements were
audited by other auditors whose report has been furnished to us, and
our opinion, insofar as it relates to the amounts included for K-
Tronik Asia Corporation, is based solely on the report of the other auditors.

We conducted our audits in accordance with auditing standards
generally accepted in the United States of America. Those standards
require that we plan and perform the audit to obtain reasonable
assurance about whether the consolidated financial statements are
free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the
consolidated 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 audits and the report of other
auditors provide a reasonable basis for our opinion.

The opinion of the other auditors on the September 30, 2000 financial
statements of K-Tronik Asia Corporation was qualified because they
were not able to observe the counting of the physical inventories of
K-Tronik Asia Corporation as of September 30, 1999 (stated at
$297,906), nor were they able to satisfy themselves about inventory
quantities by means of other auditing procedures.

In our opinion, based on our audits and the report of other auditors,
except for the effects of such adjustments, if any, that might have
been determined to be necessary had the other auditors been able to
observe the counting of the physical inventories of K-Tronik Asia
Corporation as of September 30, 1999, the consolidated financial
statements referred to in the first paragraph present fairly, in all
material respects, the financial position of K-Tronik Int'l
Corporation as of September 30, 2001 and 2000, and the results of its
operations and its cash flows for the years then ended in conformity
with accounting principles generally accepted in the United States of America.

As discussed in Note 13 to the consolidated financial statements,
certain errors resulting in the previously reported loan payable -
related party and intercompany activity as of September 30, 1999 were
discovered. Accordingly, an adjustment has been made to retained
earnings as of September 30, 1999 to correct the errors. In
addition, as discussed in Note 12 to the consolidated financial
statements, the Company changed its method of accounting for
organization costs during the year ended September 30, 2000.

SMOLIN, LUPIN & CO., P.A.
Fairfield, New Jersey

November 30, 2001, except for Notes 4 and 14
as to which the dates are December 3, 2001 and
December 6, 2001, respectively

K-TRONIK INT'L CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Nature of Business:

K-Tronik Int'l Corporation ("The Company") is engaged in the
manufacture and distribution of various types of electronic
stabilizers and illuminator ballasts for fluorescent lighting
fixtures. The Company grants credit, on an unsecured basis,
to distributors and installers located throughout the United States.

The Company is 53% owned by Eiger Technology, Inc. ("Eiger"),
a publicly traded Canadian corporation, and 47% by one other stockholder.

Method of Accounting:

These financial statements have been prepared on the basis of
accounting generally accepted in the United States of America.

Principles of Consolidation:

The consolidated financial statements include the accounts of
the Company and its 86.66% owned interest in K-Tronik Asia
Corporation. All material intercompany accounts and
transactions have been eliminated in consolidation.

Cash and Cash Equivalents:

The Company considers all highly liquid debt instruments
purchased with a maturity of three months or less and money
market accounts to be cash equivalents.

Cash in Excess of FDIC Limits:

The Company, at times during the year, maintained cash in
excess of the $100,000 FDIC limit with its financial institution.

Inventories:

Inventories are stated at the lower of cost or market. Cost
is determined by the moving weighted average method.

Property and Equipment:

Property and equipment are stated at cost. The Company
provides for depreciation using straight-line and accelerated
methods over the estimated useful lives of five years.

Advertising Costs:

Advertising costs are charged to operations when incurred.
Advertising expense was $111,129 and $103,697 for the years
ended September 30, 2001 and 2000, respectively.

Research and Development Costs:

Research and development costs are charged to operations when incurred.

Profitability and Liquidity:

The accompanying financial statements have been prepared in
conformity with accounting principles generally accepted in
the United States of America, which contemplates continuation
of the Company as a going concern. The Company has sustained
substantial operating losses and has used significant amounts
of working capital in recent years.

In view of these matters, realization of a major portion of
the assets in the accompanying balance sheet is dependent upon
the success of its future operations, which in turn is
dependent upon, the continued support of Eiger, the parent
company. Eiger's management has represented that Eiger will
continue to support the Company and intends to convert to
equity the loan payable from the Company to Eiger pursuant to
a successful public offering of the Company's common stock
(see Notes 6 and 14). Management believes that actions
presently being taken to revise the Company's operating and
financial position provide the opportunity for the Company to
continue as a going concern.

Use of Estimates:

The preparation of financial statements in conformity with
accounting principles generally accepted in the United States
of America requires management to make estimates and
assumptions that affect 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 revenues and expenses during the period.
Actual results could differ from those estimates.

NOTE 2 - INVENTORY:

Inventory consists of the following::

2001 2000

Raw Materials 323,522 373,124
Work-in-Process 119,488 211,367
Finished Goods 1,952,251 934,671
2,395,261 1,519,162

NOTE 3 - PROPERTY AND EQUIPMENT:

Property and equipment are as follows:

2001 2000

Transportation Equipment 32,989 42,310
Computer Equipment 45,082 44,508
Tools 155,907 141,388
Furniture and Fixtures 54,815 59,340
Machinery and Equipment 318,826 289,839
Total 607,619 577,385
Less: Accumulated Depreciation 202,330 93,290
405,289 484,095

NOTE 4 - NOTES PAYABLE:

The Company has drawn $1,205,351 and $1,027,835 at September
30, 2001 and 2000, respectively, under a $1,500,000 revolving
credit line with Business Alliance Capital Corporation
("Alliance"), which is due on demand. The line of credit is
secured by equipment, general intangibles, inventory, the
minority stockholder's guarantee and the majority
stockholder's guarantee of $250,000. The line expires June
30, 2002. The availability of funds is limited to percentages
of eligible accounts receivable and inventory. Interest,
which is payable monthly, is computed at 1.5 percent above
Alliance's prime rate. Finance fees, also charged to interest
expense and payable monthly, are charged at an amount equal to
one-half of one percent of the average outstanding balance of
the previous month based on a minimum outstanding balance of
$200,000. The loan agreement contains covenants that the
Company was in violation of at September 30, 2001 and 2000.
The Company obtained a waiver from Alliance on December 3,
2001 for the violation at September 30, 2001. The Company
also obtained a waiver on March 7, 2001 for the violation at
September 30, 2000.

K-Tronik Asia has drawn approximately $221,260 under a
revolving line of credit of approximately $300,000 at
September 30, 2001. The line expires May 29, 2002. Interest
which is payable upon borrowing, is charged at an adjustable
rate, currently 5% per annum.

NOTE 5 - INVESTMENT IN FOREIGN JOINT VENTURE:

The Company has a 86.66% ownership interest in K-Tronik Asia
Corp. ("Asia"). Asia is a Korean factory which currently
manufactures products for the Company.

The functional currency of Asia is the Korean won. The assets
and liabilities of the foreign entity has been translated at
the exchange rates as of September 30, 2001 and 2000. Income
and expense accounts were translated at the average rates in effect
during the reporting period. Translation adjustments are
included as a component of stockholders' equity.

The opinion of the other auditors on the September 30, 2001
and 2000 financial statements of K-Tronik Asia Corporation
emphasized that the operations of K-Tronik Asia Corporation
have been and may continue to be affected for the foreseeable
future by the adverse economic conditions in the Republic of
Korea in recent years and those in the Asia Pacific region in general.

NOTE 6 - RELATED PARTY TRANSACTIONS AND CONCENTRATIONS:

As of September 30, 2001 and 2000, the Company had been
advanced a non-interest bearing loan from Eiger, the parent
company, which is not expected to be repaid within the current
year. Transactions between the Company and companies under
control of the stockholder are not necessarily the same as
would occur between related parties.

At September 30, 2001, the Company had been advanced $250,000,
with interest payable monthly at 7% per annum, from Eiger, the
parent company, which is not expected to be repaid within the
current period.

Asia is the major supplier of the Company's inventory. All of
the purchases are from Asia. If this investment were to
terminate, there is a reasonable possibility that a reduction
to the Company's gross profit would result.

NOTE 7 - COMMITMENTS AND CONTINGENCY:

The Company assumed a lease of its office space located in
Hackensack, New Jersey which expires November 30, 2002. The
lease contains a provision requiring the company to pay
property taxes and operating expenses which exceed base year
amounts. Asia occupies a factory located in South Korea under
a lease which expires March 31, 2004. Total rent expense was
approximately $105,500 and $90,000 for the years ended
September 30, 2001 and 2000, respectively.

Future minimum annual rent payments and related operating
expenses under these leases are approximately as follows:

Year Ending
September 30

2002 97,000
2003 61,000
2004 27,000
185,000

The Company is involved in a bankruptcy claim filed against
one of its customers. The suit calls for $142,806 in trade
accounts receivable claims. The Company believes it will
receive $53,306, the amount included in accounts receivable,
within the next fiscal year.

NOTE 8 - MAJOR CUSTOMER:

One customer accounted for approximately 11% and 12% of sales
for the years ended September 30, 2001 and 2000, respectively,
which accounted for $104,365 and $137,509 of accounts
receivable as of September 30, 2001 and 2000, respectively.

NOTE 9 - INCOME TAXES:

Income taxes for the years ended September 30, 2001 and 2000
are as follows:
2001 2000

Federal 5,245 5,362
State 4,648 6,042
9,893 11,404

Deferred income taxes reflect the tax effects of temporary
differences between the carrying amounts of assets and
liabilities for financial reporting purposes and amounts used
for income tax purposes. The significant components of the
Company's deferred tax asset is the loss in the foreign joint
venture. A valuation allowance has been established equal to
the amount of the deferred tax asset.

NOTE 10 - RETIREMENT AND SEVERENCE BENEFITS:

Employees who have been with K-Tronik Asia Corporation for
over one year are entitled to lump-sum payments based on
current rates of pay and length of service when they leave K-
Tronik Asia Corporation. It is not the policy of K-Tronik
Asia Corporation to fund retirement and severance benefits
accrued. However, provision has been made in the accompanying
financial statements for the estimated accrued liability
(approximately $44,000 and $21,000 at September 30, 2001 and
2000, respectively) under the plan, which would be payable if
all employees left on the balance sheet date.

The Company did not adopt Statement of Financial Accounting
Standards (SFAS) No. 87, "Employers' Accounting for Pensions".
However, management believes that the adoption of SFAS No. 87
would not have a material effect on the Company's results of
operations or financial position.

NOTE 11 - SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:

Cash paid for interest for the years ended September 30, 2001
and 2000 was $203,033 and $155,496, respectively.

Cash paid for income taxes for the years ended September 30,
2001 and 2000 was $19,698 and $7,904, respectively.

NOTE 12 - CHANGE IN ACCOUNTING PRINCIPLE - ORGANIZATION COSTS:

During the year ended September 30, 2000, the Company changed
its method of accounting for organization cost to conform with
the new requirements of Statement of Position 98-5 Reporting
on the Cost of Start-up Activities. The effect of this change
was to decrease net income for September 30, 2000 by $337,896.

NOTE 13 - PRIOR PERIOD ADJUSTMENTS:

Retained earnings at the beginning of September 30, 2000 has
been adjusted to correct the following errors made in the
prior year. Had the errors not been made, net income for
September 30, 1999 would have been increased by $282,828, net
of income tax of $-0-.

Error in Unrecorded Forgiveness of Debt 282,828
Understatement of Expenses of K-Tronik International (300,000)
Understatement of Management Fee Revenue of K-Tronik Asia 300,000
282,828

NOTE 14 - SUBSEQUENT EVENT:

On December 6, 2001, Eiger announced the signing of an
agreement to take the Company public, in the first quarter of
2002 by way of a reverse acquisition with LMC Capital Corp.
("LMC"), a U.S. reporting issuer. Eiger is to receive
7,571,428 shares of LMC for its 53% ownership of the Company.
In addition, Eiger will receive an additional 7,071,000 shares
of LMC in part because of its agreement to convert debt owed
to it by the Company. The total consideration of 14,642,428
shares will represent 64% of the shares of LMC.

On December 4, 2001, Eiger acquired 17,199 shares (13.34%) of
K-Tronik Asia Corporation for $79,000, Eiger then transferred
the 17,199 shares to K-Tronik Int'l Corporation for $79,000.
After this transaction, K-Tronik Int'l Corporation owns 100%
of K-Tronik Asia Corporation.

Board of Directors
K-Tronik Int'l Corporation
290 Vincent Avenue
Hackensack, New Jersey 07601

INDEPENDENT AUDITORS' REPORT ON SUPPLEMENTARY INFORMATION

Our report on our audit of the consolidated financial statements of
K-Tronik Int'l Corporation for September 30, 2001 and 2000, appears
on page 1. That audit was conducted for the purpose of forming an
opinion on the consolidated financial statements taken as a whole.
The accompanying supplementary information contained in the
consolidating balance sheet, statements of operations and
comprehensive loss, and cash flows is presented for purposes of
additional analysis of the consolidated financial statements rather
than to present the financial position, results of operations and
cash flows of the individual companies. Such information has been
subjected to the auditing procedures applied in the audit of the
consolidated financial statements and, in our opinion, is fairly
stated in all material respects in relation to the consolidated
financial statements taken as a whole.

Our opinion, insofar as it relates to K-Tronik Asia Corporation is
based on the report of other auditors, such information is fairly
stated in all material respects in relation to the consolidated
financial statements taken as a whole.

SMOLIN, LUPIN & CO., P.A.
Fairfield, New Jersey

November 30, 2001
K-TRONIK INT'L CORPORATION
CONSOLIDATED BALANCE SHEET - SEPTEMBER 30, 2001 AND 2000

ASSETS

2001 2000

CURRENT ASSETS:
Cash and Cash Equivalents 95,600 297,585
Accounts Receivable - Net of Allowance for
Doubtful Accounts of Approximately $19,000 in
2001 and $5,000 in 2000 1,363,613 961,206
Inventory 2,395,261 1,519,162
Prepaid Expenses 151,429 179,164
Total Current Assets 4,005,903 2,957,117

PROPERTY AND EQUIPMENT - Net 405,289 484,095

OTHER ASSETS:
Security Deposits 44,058 36,009
Regulatory approval - Net of Accumulated
Amortization of $33,035 in 2001 and $18,511 in 2000 116,072 119,194
Loans and Advances 9,983 6,190
170,113 161,393

TOTAL ASSETS 4,581,305 3,602,605

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

CURRENT LIABILITIES:
Notes Payable 1,426,611 1,027,835
Accounts Payable and Accrued Expenses 1,353,710 813,606
Loan Payable - Employee - 415,453
Total Current Liabilities 2,780,321 2,256,894

LOAN PAYABLE - Parent Company 3,709,180 2,479,180

COMMITMENTS

STOCKHOLDERS' DEFICIENCY:
Common Stock - No Par Value; 25,000 Shares
Authorized, Issued and Outstanding 100,000 100,000
Additional Paid-In Capital 1,053,162 1,053,162
Accumulated Deficit -2,222,397 -1,655,022
Accumulated Other Comprehensive Loss - Foreign
Currency Translation Adjustments -120,372 -41,322
Total -1,189,607 -543,182
Less: Minority Interest 718,589 590,287
-1,908,196 -1,133,469

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY 4,581,305 3,602,605

See notes to consolidated financial statements.

K-TRONIK INT'L CORPORATION
CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS
FOR THE YEAR ENDED SEPTEMBER 30, 2001 AND 2000

2001 2002

REVENUE 6,680,622 4,494,699

COST OF SALES 5,093,406 3,086,716

GROSS PROFIT 1,587,216 1,407,983

OPERATING EXPENSES 2,011,218 1,646,893

LOSS FROM OPERATIONS -424,002 -238,910

OTHER INCOME AND (EXPENSES):
Interest Income 1,225 498

Research and Development Costs -1,365 -441,987
Interest Expense -240,051 -168,221
Loss on Sale of Equipment -9,423 -443
Total Other Income and (Expenses) -249,614 -610,153

LOSS BEFORE MINORITY INTEREST IN LOSS OF CONSOLIDATED
COMPANIES, INCOME TAXES AND CUMULATIVE EFFECT
OF CHANGE IN ACCOUNTING PRINCIPLE -673,616 -849,063

MINORITY INTEREST IN LOSS OF CONSOLIDATED COMPANIES 116,134 158,752

LOSS BEFORE INCOME TAXES AND CUMULATIVE EFFECT OF
CHANGE IN ACCOUNTING PRINCIPLE -557,482 -690,311

INCOME TAXES 9,893 11,404

LOSS BEFORE CUMULATIVE EFFECT OF CHANGE IN
ACCOUNTING PRINCIPLE -567,375 -701,715

CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE - -337,896

NET LOSS FOR THE YEAR -567,375 -1,039,611

FOREIGN CURRENCY TRANSLATION ADJUSTMENTS -79,050 -53,404

COMPREHENSIVE LOSS FOR THE YEAR -646,425 -1,093,015

See notes to consolidated financial statements.
K-TRONIK INT'L CORPORATION
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIENCY) AND
MINORITY INTEREST
FOR THE YEAR ENDED SEPTEMBER 30, 2001 AND 2000

Comprehensive
Loss -
Adjustment
Additional Retained for Foreign
Common Paid-In Earnings Currency Minority Total
Stock Capital (Deficit) Translation Interest Equity

BALANCE October 1 1999
as previously reported 100,000 1,053,162 -751,239 12,082 -570,313 -156,308

Prior Period Adjustment
Error in Unrecorded
Foregiveness of Debt - - 282,828 - - 282,828

Error in Recording
Intercompany Activity - - -147,000 - 147,000 -

BALANCE - October 1 1999
as Restated 100,000 1,053,162 -615,411 12,082 -423,313 126,520

Net Loss for the Year - - -1,039,611 - -158,752 -1,198,363

Foreign Currency
Translation Adjustment - - - -53,404 -8,222 -61,626

BALANCE Sept 30 2000 100,000 1,053,162 -1,655,022 -41,322 -590,287 -1,133,469

Net Loss for the Year - - -567,375 - -116,134 -683,509

Foreign Currency
Translation Adjustment - - - -79,050 -12,168 -91,218

BALANCE Sept 30 2001 100,000 1,053,162 -2,222,397 -120,372 -718,589 -1,908,196

See notes to consolidated financial statements.

K-TRONIK INT'L CORPORATION
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEARS ENDED SEPTEMBER 30, 2001 AND 2000

2001 2000

CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss for the Year -567,375 -1,039,611
Adjustments to Reconcile Net Loss to
Net Cash Used by Operating Activities:
Amortization and Depreciation 147,098 88,074
Bad Debt Expense 54,494 5,000
Loss on Sale of Fixed Assets 9,423 443
Minority Interest in Loss of Consolidated Companies -128,303 -166,974
Cumulative Effect of Change in Accounting Principle - 337,896
Net Change in Operating Assets and Liabilities:
Accounts Receivable -456,901 -266,779
Inventory -876,099 -719,548
Prepaid Expenses 27,735 -104,658
Security Deposits -8,049 -18,400
Loans and Advances -3,793 -6,190
Accounts Payable and Accrued Expenses 540,106 -153,899
Net Cash Used by Operating Activities -1,261,664 -2,044,646

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of Equipment -132,048 -454,752
Sale of Equipment 68,856 -
Purchase of Regulatory Approval -11,402 -34,695
Net Cash Used by Investing Activities -74,594 -489,447

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Notes Payable - Net -16,677 385,054
Proceeds from/(Payments of) Loan Payable - Employee - 415,453
Proceeds from Loan Payable - Parent Company 1,230,000 2,070,360
Net Cash Provided by Financing Activities 1,213,323 2,870,867

EFFECT OF EXCHANGE RATE CHANGES -79,050 -53,404

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS -201,985 283,370

CASH AND CASH EQUIVALENTS - Beginning 297,585 14,215

CASH AND CASH EQUIVALENTS - Ending 95,600 297,585

See notes to financial consolidated statements.

K-TRONIK INTERNATIONAL CORP.
K-TRONIK INT'L CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER 30, 2001 AND 2000

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Nature of Business:

The Company is 53% owned by Eiger Technology, Inc. ("Eiger"),
a publicly traded Canadian corporation, and 47% by one other
stockholder.

Method of Accounting:

These financial statements have been prepared on the basis of
accounting generally accepted in the United States of America.

Principles of Consolidation:

Cash and Cash Equivalents:

The Company considers all highly liquid debt instruments
purchased with a maturity of three months or less and money
market accounts to be cash equivalents.

Cash in Excess of FDIC Limits:

The Company, at times during the year, maintained cash in
excess of the $100,000 FDIC limit with its financial institution.

Inventories:

Inventories are stated at the lower of cost or market. Cost
is determined by the moving weighted average method.

Property and Equipment:

Property and equipment are stated at cost. The Company
provides for depreciation using straight-line and accelerated
methods over the estimated useful lives of five years.

Advertising Costs:

Advertising costs are charged to operations when incurred.
Advertising expense was $111,129 and $103,697 for the years
ended September 30, 2001 and 2000, respectively.

Research and Development Costs:

Research and development costs are charged to operations when incurred.

Profitability and Liquidity:

Use of Estimates:

NOTE 2 - INVENTORY:

Inventory consists of the following::

2001 2000

Raw Materials 323,522 373,124
Work-in-Process 119,488 211,367
Finished Goods 1,952,251 934,671
2,395,261 1,519,162

NOTE 3 - PROPERTY AND EQUIPMENT:

Property and equipment are as follows:

2001 2000

NOTE 4 - NOTES PAYABLE:

NOTE 5 - INVESTMENT IN FOREIGN JOINT VENTURE:

The Company has a 86.66% ownership interest in K-Tronik Asia
Corp. ("Asia"). Asia is a Korean factory which currently
manufactures products for the Company.

NOTE 6 - RELATED PARTY TRANSACTIONS AND CONCENTRATIONS:

NOTE 7 - COMMITMENTS AND CONTINGENCY:

Future minimum annual rent payments and related operating
expenses under these leases are approximately as follows:

Year Ending
September 30,

2002 97,000
2003 61,000
2004 27,000
185,000

NOTE 8 - MAJOR CUSTOMER:

NOTE 9 - INCOME TAXES:

Income taxes for the years ended September 30, 2001 and 2000
are as follows:

2001 2000

Federal 5,245 5,362
State 4,648 6,042
9,893 11,404

NOTE 10 - RETIREMENT AND SEVERENCE BENEFITS:

NOTE 11 - SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:

Cash paid for interest for the years ended September 30, 2001
and 2000 was $203,033 and $155,496, respectively.

Cash paid for income taxes for the years ended September 30,
2001 and 2000 was $19,698 and $7,904, respectively.

NOTE 12 - CHANGE IN ACCOUNTING PRINCIPLE - ORGANIZATION COSTS:

NOTE 13 - PRIOR PERIOD ADJUSTMENTS:

Error in Unrecorded Forgiveness of Debt 282,828
Understatement of Expenses of K-Tronik International (300,000)
Understatement of Management Fee Revenue of K-Tronik Asia 300,000
282,828

NOTE 14 - SUBSEQUENT EVENT:

Board of Directors
K-Tronik Int'l Corporation
290 Vincent Avenue
Hackensack, New Jersey 07601

INDEPENDENT AUDITORS' REPORT ON SUPPLEMENTARY INFORMATION

SMOLIN, LUPIN & CO., P.A.
Fairfield, New Jersey

November 30, 2001

EXHIBIT INDEX

Number Exhibit Description

3.1 Articles of Incorporation (incorporated by reference to Exhibit
3 of the Registration Statement on Form 10-SB filed on September
28, 2000).

3.2 Certificate of Amendment to Articles of Incorporation
(incorporated by reference to Exhibit 2 of the Form 10-SB filed
on September 28, 2000).

3.3 Certificate of Amendment to Articles of Incorporation dated
October 13, 2000. (incorporated by reference to Exhibit 3.3 of
the Form 10-QSB filed on November 7, 2000)

3.4 ByLaws (incorporated by reference to Exhibit 3.3 of the Form 10-
QSB filed on November 7, 2001)

ITEM 23: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE

During the Company's two most recent fiscal years and any subsequent
interim period, there were no disagreements with the Company's
accountants on any matter of accounting principle or practices,
financial statement disclosure or auditing scope or procedure. In
addition, there were no reportable events as described in Item
304(a)(1)(iv)(B)1 through 3 of Regulation S-B that occurred within the
Company's two most recent fiscal years and the subsequent interim periods.

Effective on May 15, 2002, the independent accountants who were
previously engaged as the principal accountants to audit the
Registrant's financial statements, Labonte & Company, resigned. The
accountant's reports on the financial statements for the fiscal year
ended December 31, 2000 neither contained an adverse opinion or a
disclaimer of opinion, nor was qualified or modified as to
uncertainty, audit scope or accounting principles.

Effective on May 15, 2002, BDO Seidman, LLP (through their New Jersey
offices) was engaged to serve as the new principal accountant to audit
the Company's financial statements.

The change in principal accountants was disclosed on Form 8K on May 16, 2002.

PART II.
INFORMATION NOT REQUIRED IN PROSPECTUS

ITEM 24. INDEMNIFICATION OF OFFICERS AND DIRECTORS

No statute, charter provision, article, by-law, contract or other
arrangement exists under which any controlling persons, directors or
officers of the Company is insured or indemnified in any manner
against liability which he or she may incur acting in his or her
capacity as such.

Information on this item is set forth in the prospectus under the
heading "Disclosure of Commission Position on Indemnification for
Securities Act Liabilities."

ITEM 25. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION

Information on this item is set forth in the prospectus under the
heading "Use of Proceeds."

ITEM 26. RECENT SALES OF UNREGISTERED SECURITIES

On December 12, 2001, in connection with its acquisition of K-Tronik
N.A. Inc. (and in payment of its purchase of all of the issued and
outstanding shares of K-Tronik N.A. Inc.) the Company issued the
following persons the following shares of common stock in non-public
transactions exempted from registration pursuant to the Securities
Act of 1933 as it was not a sale to the public:

Mr. Robert Kim: 6,714,286
ETIFF Holdings, LLC (wholly owned subsidiary of Eiger Technology,
Inc: 11,359,600

From inception to the present, the Company has sold a total of
1,500,000 shares of common stock to shareholders in compliance with
Regulation S of the General Rules and Regulations under the
Securities Act of 1933, as amended (the Securities Act).

ITEM 27. EXHIBITS

The Exhibits required by Item 601 of Regulation S-B, and an index
thereto, are attached.

EXHIBITS

3.1 Articles of K-Tronik International Corp. (formerly LMC Capital
Corp.) (incorporated by reference to Exhibit 3 of the Registration
Statement on Form 10-SB filed on September 28, 2000).

3.2 Certificate of Incorporation of K-Tronik International Corp.
(formerly LMC Capital Corp.) (incorporated by reference to Exhibit
1 of the Registration Statement on Form 10-SB filed on September
28, 2000).

3.3 Amendment to Certificate of Incorporation of K-Tronik
International Corp. (formerly LMC Capital Corp.) (incorporated by
reference to Exhibit 2 of the Registration Statement on Form 10-SB
filed on September 28, 2000)

3.4 Certificate of Amendment to Articles of incorporation concerning
name change to K-Tronik International Corp. from LMC Capital Corp.

5.1 Legal Opinion of CD Farber Law Corporation regarding valid
issuance of shares of K-Tronik International Corporation

10.1 Loan and Security Agreement between Business Alliance Capital
Corp. and K-Tronik N.A. Inc. (formerly K-Tronik Int'l Corporation)
dated September 17, 1998

10.2 Amendment to Loan and Security Agreement between Business
Alliance Capital Corp. and K-Tronik N.A. Inc. (formerly K-Tronik
Int'l Corporation) dated March 21, 2001

10.3 Amendment to Loan and Security Agreement between Business
Alliance Capital Corp. and K-Tronik N.A. Inc. (formerly K-Tronik
Int'l Corporation) dated <>

10.4 Amendment to Loan and Security Agreement between Business
Alliance Capital Corp. and K-Tronik N.A. Inc. (formerly K-Tronik
Int'l Corporation) dated <>

10.5 Amendment to Loan and Security Agreement between Business
Alliance Capital Corp. and K-Tronik N.A. Inc. (formerly K-Tronik
Int'l Corporation) dated May 21, 2000

10.6 Amendment to Loan and Security Agreement between Business
Alliance Capital Corp. and K-Tronik N.A. Inc. (formerly K-Tronik
Int'l Corporation) dated June 29, 2001

10.7 Amendment to Loan and Security Agreement between Business
Alliance Capital Corp. and K-Tronik N.A. Inc. (formerly K-Tronik
Int'l Corporation) dated April 16, 2002

10.8 Revised master promissory note to Loan and Security Agreement
between Business Alliance Capital Corp. and K-Tronik N.A. Inc.
(formerly K-Tronik Int'l Corporation) dated April 16, 2002

10.9 Debt Settlement Agreement between K-Tronik International Corp.
(formerly LMC Capital Corp.), ETIFF Holdings, LLC, K-Tronik N.A.
Inc. and Eiger Technology, Inc. dated December 12, 2001

10.10 Amendment to Debt Settlement Agreement between K-Tronik
International Corp. (formerly LMC Capital Corp.), ETIFF Holdings,
LLC, K-Tronik N.A. Inc. and Eiger Technology, Inc. dated December
30, 2001

10.11 Escrow Agreement between Robert Kim, ETIFF Holdings, Inc.
and K-Tronik International Corp. (formerly LMC Capital Corp.) dated
December 12, 2001

10.12 Distributorship Agreement between K-Tronik N.A. Inc.
(formerly K-Tronik Int'l Corporation) and Jademar Corporation dated
October 26, 1999

10.13 Lease Agreement between Eempact Corp. as Tenant and 98
Corporation dated November 12, 1997

10.14 Assignment of Lease Agreement between 98 Corporation,
Eempact Corporation and K-Tronik N.A. Inc. (formerly K-Tronik Int'l
Corporation) dated March 10, 1998 (98 Corporation executing as to
its consent only)

10.15 Share Purchase Agreement between Robert Kim, ETIFF Holdings,
Inc. and K-Tronik International Corp. (formerly LMC Capital Corp.)
dated effective November 29, 2001

10.16 Registrar and Transfer Agent Agreement between K-Tronik
International Corp. and Pacific Corporate Trust Company dated
February 26, 2002

23.1 Consent of CD Farber Law Corporation (see below) regarding
inclusion of opinion (Exhibit 5.1)

24.1 Consent of Certified Public Accountants (see attached).

ITEM 28. UNDERTAKINGS

In accordance with Rule 415 and Item 512 of Regulation S-K, the
undersigned company hereby undertakes to:

(1) File, during any period in which it offers or sells securities, a
post-effective amendment to this registration statement to:

(i) Include any prospectus required by section 10(a)(3) of
the Securities Act of 1933;

(ii) Reflect in the prospectus any facts or events which,
individually or together, represent a fundamental change in
the information in the registration statement; and
notwithstanding the forgoing, any increase or decrease in
volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered)
and any deviation from the low or high end of the estimated
maximum offering range may be reflected in the form of
prospects filed with the U.S. Securities and Exchange
Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in the volume and price represent no more than a 20%
change in the maximum aggregate offering price set forth in
the "Calculation of Registration Fee" table in the effective
registration statement.

(iii) Include any additional or changed material information
on the plan of distribution.

(2) For determining liability under the Securities Act of 1933, treat
each post-effective amendment as a new registration statement of the
securities offered, and the offering of the securities at that time to
be the initial bona fide offering.

(3) File a post-effective amendment to remove from registration any of
the securities that remain unsold at the end of the offering.
The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each
filing of the registrant's annual report pursuant to section 13(a) or
section 15(d) of the Securities Exchange Act of 1934 (and, where
applicable, each filing of an employee benefit plan's annual report
pursuant to section 15(d) of the Securities Exchange Act of 1934) that
is incorporated by reference in the registration statement shall be
deemed to be a new registration statement relating to the securities
offered therein and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.

Insofar as indemnification for liabilities arising under the
Securities Act of 1933 (the "Act") may be permitted to directors,
officers and controlling persons of the small business issuer
pursuant to the foregoing provisions, or otherwise, the small
business issuer has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable.

SIGNATURES

In accordance with the requirements of the Securities Act of 1933, the
corporation certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form SB-2 and authorized
this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorize, in the City of Hackensack in the
State of New Jersey on this 18th day of July, 2002.

/s/ Gerry Racicot /s/ Robert Kim

/s/Gerry Racicot, Director /s/Mr. Robert Kim
President, Treasurer
and Director