SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 1 TO
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 28, 2003
Pacific Technology, Inc.
------------------------
(Exact name of registrant as specified in its charter)
Delaware 000-33487 33-0954381
- -------- --------- ----------
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation or
organization)
26586 Guadiana, Mission Viejo, California 92691
- ------------------------------------------ -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (866)571-6198
-------------
------------------------
(Former name, if changed since last report)
----------------------------------
(Former name or former address, if changed since last report)
--------------
(Registrant's Former Telephone Number, Including Area Code)
1
ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
On March 28, 2003, Roderick Cabahug, Stanley McCrosky and Eric Becker were
appointed to the board of directors of Pacific Technology, Inc., a Delaware
corporation ("Registrant"). On March 28, 2003, Messrs. Cabahug, McCrosky and
Morris were issued 6,030,000 shares of the Registrant's common stock in exchange
for all of their shares of Pacific Technology, Inc. a Nevada corporation
("PTI"), pursuant to the terms of the Share Exchange Agreement dated March 28,
2003. On March 28, 2003, Michelle Mirrotto agreed to the cancellation of the
2,000,000 shares she owned, and resigned as the President, Secretary and
director of the Registrant. As a result of these transactions, our total issued
and outstanding shares of common stock will be 12,925,000, and the individuals
listed below own shares of the Registrant's stock as indicated.
The following table sets forth certain information regarding the beneficial
ownership of our common stock as of March 28, 2003, by each person or entity
known by us to be the beneficial owner of more than 5% of the outstanding shares
of common stock, each of our directors and named executive officers, and all of
our directors and executive officers as a group.
======================= ============================================== =================================== =====================
Title of Class Name and Address Amount and Nature Percent of Class
of Beneficial Owner of Beneficial Owner
- ----------------------- ---------------------------------------------- ----------------------------------- ---------------------
Common Stock Roderick Cabahug
26586 Guadiana 1,500,000 shares, director 11.61%
Mission Viejo, California, 92691
- ----------------------- ---------------------------------------------- ----------------------------------- ---------------------
Common Stock Stanley McCrosky
26586 Guadiana 4,500,000 shares, director 34.82%
Mission Viejo, California, 92691
- ----------------------- ---------------------------------------------- ----------------------------------- ---------------------
Common Stock Eric Becker
26586 Guadiana no shares, director 0.0%
Mission Viejo, California, 92691
- ----------------------- ---------------------------------------------- ----------------------------------- ---------------------
Common Stock Michelle Mirrotto
336 Plaza Estival 3,600,000 shares(1) 27.85%
San Clemente, California 92672
- ----------------------- ---------------------------------------------- ----------------------------------- ---------------------
Common Stock All directors and named executive officers as 6,000,000 shares 46.42%
a group
======================= ============================================== =================================== =====================
(1) Michelle Mirrotto beneficially owns 600,000 shares of common stock held by
her spouse in addition to her own 3,000,000 shares.
Beneficial ownership is determined in accordance with the rules of the
Securities and Exchange Commission and generally includes voting or investment
power with respect to securities. In accordance with Securities and Exchange
Commission rules, shares of the Registrant's common stock which may be acquired
upon exercise of stock options or warrants which are currently exercisable or
which become exercisable within 60 days of the date of the table are deemed
beneficially owned by the optionees. Subject to community property laws, where
applicable, the persons or entities named in the table above have sole voting
and investment power with respect to all shares of the Registrant's common stock
indicated as beneficially owned by them.
The Registrant is not aware of any arrangements which may result in "changes in
control" as that term is defined by the provisions of Item 403 of Regulation
S-B.
===================== ======== ================================================
Name Age Position
- --------------------- -------- ------------------------------------------------
Roderick Cabahug 32 President, Chief Executive Officer, Director
- --------------------- -------- ------------------------------------------------
Stan McCrosky 31 Secretary, Chief Financial Officer, Director
- --------------------- -------- ------------------------------------------------
Eric Becker 39 Director
===================== ======== ================================================
2
Roderick Cabahug. Concurrent with our acquisition of PTI on March 28, 2003, Mr.
Cabahug was appointed as our President and one of our directors. Mr. Cabahug is
responsible for our day-to-day operations. From 1995 until late 1996, Mr.
Cabahug worked as an Industrial Management analyst for the Institute for Applied
Behavior Analysis. In 1996, Mr. Cabahug left the Institute for Applied Behavior
Analysis to become a sales representative for Mediastore Inc. in Lake Forest,
California. Mediastore is a direct retailer of media and data storage products
which services artists, musicians, and developers. As a sales representative,
Mr. Cabahug developed several viable business contacts with suppliers and
customers. In 2001, Mr. Cabahug was promoted to Vice President of Mediastore. In
2002, Mr. Cabahug left Mediastore to develop business operations for the
Company. Mr. Cababug is a graduate of California State University, Fullerton and
received his Bachelor of Arts Degree in Psychology in 1995. Mr. Cabahug is not
an officer or director of any reporting company.
Stanley McCrosky. Concurrent with our acquisition of PTI on March 28, 2003, Mr.
McCrosky was appointed our Secretary, Chief Financial Officer and one of our
directors. Mr. McCrosky is responsible for the administration of corporate
operations and management of our financial books and records. From 1996 to 2002,
Mr. McCrosky worked as Sales Manager for Mediastore where he has supervised
Mediastore's master recording supply segment, a direct retailer of media and
data storage products. Mr. McCrosky graduated in 1994 from California State
University, Fullerton with a Bachelor Degree in Criminal Justice. Mr. McCrosky
is not an officer or director of any reporting company.
Eric Becker. Concurrent with our acquisition of PTI on March 28, 2003, Mr.
Becker was appointed as one of our directors. From 2001 to the present, Mr.
Becker has assisted many developing technology companies as an independent
computer consultant. Mr. Becker has extensive expensive and knowledge of the
computer industry, which we believe will assist our future development. From
2000 to 2001, Mr. Becker was the Director of Education at Computer Concepts
located in Orange County, California. From 1997 to 2000, he was a General
Manager and Northeastern Regional Manager for New Horizons Computer Learning
Center. Mr. Becker earned his Bachelor degree in Business from the University of
Windsor in 1992, and his Master Degree in International Business from the
Thunderbird School of International Management in 1994. Mr. Becker is not an
officer or director of any reporting company.
Our board of directors intends to establish an audit committee to be composed of
one independent director, Mr. Becker. The audit committee will generally meet
with and consider suggestions from members of management and our internal
accounting personnel, as well as our independent accountants, concerning our
financial operations. The audit committee also has the responsibility to:
o Review the audit committee charter at least annually and recommend any
changes to our board of directors;
o Review our annual financial statements and any other relevant reports
or other financial information;
o Review the regular internal financial reports prepared by management
and any internal auditing department;
o Recommend to the board of directors the selection of the independent
accountants and approve the fees and other compensation to be paid to
the independent accountants;
o Review and discuss with the accountants all significant relationships
the accountants have with us to determine the accountants'
independence;
o Review the performance of the independent accountants and approve any
proposed discharge of the independent accountants when circumstances
warrant; and
o Following completion of the annual audit, review separately with the
independent accountants, the internal auditing department, if any, and
management any significant difficulties encountered during the course
of the audit.
ITEM 2. ACQUISITION OF ASSETS.
On March 28, 2003 the Registrant finalized a Share Exchange Agreement with the
shareholders of Pacific Technology, Inc., a privately-held Nevada corporation,
("PTI"), pursuant to which the Registrant will issue 6,030,000 shares of its
common stock to the shareholders of PTI in exchange for 100% of the issued and
outstanding shares of PTI.
PTI was incorporated pursuant to the laws of the State of Nevada on June 11,
2002. PTI distributes and sells optical storage items such as compact disc
recordable or CD-R and digital video disc recordable or DVD-R products and
accessories. PTI's product offerings include CD-Rs, DVD-Rs, CD and DVD labeling
systems, recording media and disc printers. PTI markets and sells products by
means of direct sales and by means of internet based advertising.
We anticipate abandoning our business of selling protein bars and plan to pursue
PTI's business plan. Therefore, we plan to terminate our relationship with our
product supplier and undertake PTI's operations and adopt its marketing and
growth strategy, utilize its intellectual property, and anticipate operating in
its competitive market.
3
Concurrent with our acquisition of PTI on March 28, 2003, we issued a
convertible debenture to Emergent Capital, LLC, a Nevada limited liability
company, for $110,000. Emergent's sole member is the spouse of Ms. Mirrotto, one
of principal shareholders and our former officer and director. We intend to use
those funds to expand our operations. The terms of the convertible debenture are
as follows:
a) The debenture shall bear interest of eight percent (8%);
b) Interest and principal shall be due and payable on March 28, 2004; and
c) The debenture holder shall have the right, at any time on or prior to
March 28, 2004 and upon notice of 61 days, to convert that debt into
shares of our common stock at $.02 per share.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTOR.
On March 28, 2003, Michelle Mirrotto resigned as the President, Secretary and a
director of the Registrant. The resignation is not the result of any
disagreement with the Registrant on any matter relating to the Registrant's
operations, policies or practices. A copy of Ms. Mirrotto's resignation is filed
as Exhibit 17.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
Audited financial statements of PTI for the period June 11, 2002 (inception)
through December 31, 2002 are included below. In addition, the audited pro forma
financial statements are included which contain historical and proforma balance
sheet and statements of operations for the merger with PTI for the period ending
December 31, 2002.
A. AUTITED FINANCIAL STATEMENTS
PACIFIC TECHNOLOGY, INC.
REPORT AND FINANCIAL STATEMENTS
DECEMBER 31, 2002
4
PACIFIC TECHNOLOGY, INC.
CONTENTS
PAGE
----
Independent Auditors' Report 6
Financial Statements
Balance Sheet 7
Statement of Operations 8
Statement of Changes in Stockholders' Deficit 9
Statement of Cash Flows 10
Notes to Financial Statements 11 - 12
5
INDEPENDENT AUDITORS' REPORT
March 19, 2003
To the Stockholders of
Pacific Technology, Inc.
We have audited the accompanying balance sheet of Pacific Technology, Inc. as of
December 31, 2002, and the related statements of operations, changes in
stockholders' deficit, and cash flows for the period June 11, 2002 (inception)
through December 31, 2002. These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these
financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of Pacific Technology, Inc. as of
December 31, 2002, and the results of its operations and its cash flows for the
period June 11, 2002 (inception) through December 31, 2002 in conformity with
generally accepted accounting principles in the United States of America.
HALL & COMPANY
6
PACIFIC TECHNOLOGY, INC.
BALANCE SHEET
DECEMBER 31, 2002
ASSETS
------
Current assets
Cash $ 889
Accounts receivable, net 2,471
-------------
Total current assets 3,360
Other assets ---
-------------
Total assets $ 3,360
=============
LIABILITIES AND STOCKHOLDERS' DEFICIT
-------------------------------------
Current liabilities
Accounts payable and accrued expenses $ 8,288
Income tax payable 800
-------------
Total current liabilities 9,088
Stockholders' Deficit
Preferred stock, $.001 par value;
Authorized shares-- 5,000,000
Issued and outstanding shares-- 0 ---
Common stock, $.001 par value;
Authorized shares-- 50,000,000
Issued and outstanding shares-- 2,010,000 2,010
Additional paid-in capital 1,000
Accumulated deficit (8,738)
-------------
Total stockholders' deficit (5,728)
-------------
Total liabilities and stockholders' deficit $ 3,360
=============
See accompanying notes to financial statements.
7
PACIFIC TECHNOLOGY, INC.
STATEMENT OF OPERATIONS
JUNE 11, 2002 (INCEPTION) THROUGH DECEMBER 31, 2002
Net sales $ 79,843
Cost of goods sold 70,412
--------------
Gross margin 9,431
Operating expenses
Consulting services 7,085
Legal and professional fees 8,720
Office supplies and expense 1,564
--------------
Total operating expenses 17,369
--------------
Loss from operations (7,938)
Provision for income tax expense (benefit) 800
--------------
Net loss/Comprehensive loss $ (8,738)
==============
Net income per common share-- basic and diluted
$ ---
Weighted average of common shares-- basic and diluted 2,860,700
==============
See accompanying notes to financial statements.
8
PACIFIC TECHNOLOGY, INC.
STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT
JUNE 11, 2002 (INCEPTION) THROUGH DECEMBER 31, 2002
Common Stock Additional
------------ Paid-In Accumulated
Shares Amount Capital deficit Total
------------ ------------ ------------ ------------ ------------
Balance, June 11, 2002 --- $ --- $ --- $ --- $ ---
Issuance of common stock,
June 21, 2002 3,010,000 3,010 1,000 --- 4,010
Cancellation of common
stock, December 2, 2002 (1,000,000) (1,000) --- --- (1,000)
Net loss/Comprehensive loss --- --- --- (8,738) (8,738)
------------ ------------ ------------ ------------ ------------
Balance, December 31, 2002 2,010,000 $ 2,010 $ 1,000 $ (8,738) $ (5,728)
============= ============ ============ ============ ============
See accompanying notes to financial statements.
9
PACIFIC TECHNOLOGY, INC.
STATEMENT OF CASH FLOWS
JUNE 11, 2002 THROUGH DECEMBER 31, 2002
Cash flows from operating activities
Net loss $ (8,738)
Adjustments to reconcile net loss to net cash used in
operating activities
Cost of consulting services paid with common stock 2,010
Changes in operating assets and liabilities
(Increase) in accounts receivable (2,471)
Increase in accounts payable and accrued expenses 8,288
Increase in income tax payable 800
---------------
Net cash used in operating activities (111)
---------------
Cash flows from investing activities ---
---------------
Net cash provided by investing activities ---
Cash flows from financing activities
Contributed capital 1,000
---------------
Net cash provided by financing activities 1,000
---------------
Net increase in cash 889
Cash, beginning of period ---
---------------
Cash, end of period $ 889
===============
Supplemental Disclosure of Cash Flow Information
Income taxes paid $ ---
===============
Interest paid $ ---
===============
See accompanying notes to financial statements.
10
PACIFIC TECHNOLOGY, INC.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2002
Note 1 - BUSINESS DESCRIPTION AND SIGNIFICANT ACCOUNTING POLICIES
Business Description - Pacific Technology, Inc. (the "Company") was incorporated
in the state of Nevada on June 11, 2002. The Company is a reseller of optical
storage products such as compact disc recordable equipment (CD-R) and digital
video disc recordable (DVD-R) products and other computer accessories and
peripherals. The Company is headquartered in Mission Viejo, California.
Cash Equivalents - For purposes of the balance sheet and statement of cash
flows, the Company considers all highly liquid debt instruments purchased with
maturity of three months or less to be cash equivalents.
Fair Value of Financial Instruments - The carrying amount of the Company's
financial instruments, which includes cash, accounts payable and accounts
payable and accrued expenses approximate their fair value due to the short
period to maturity of these instruments.
Recognition of Revenues - The Company records sales of its products when fee is
fixed and determinable, title passes and collectibility is reasonably assured.
Income Taxes - The Company recognizes deferred tax assets and liabilities based
on differences between the financial reporting and tax bases of assets and
liabilities using the enacted tax rates and laws that are expected to be in
effect when the differences are expected to be recovered. The Company provides a
valuation allowance for deferred tax assets for which it does not consider
realization of such assets to be more likely than not.
Net Loss per Common Share - The Company adopted the provisions of Statement of
Financial Accounting Standards No. 128, "Earnings Per Share" ("SFAS 128"). SFAS
128 requires the reporting of basic and diluted earnings/loss per share. Basic
loss per share is calculated by dividing net loss by the weighted average number
of outstanding common shares during the period.
Comprehensive Loss - The Company applies Statement of Financial Accounting
Standards No. 130, "Reporting Comprehensive Income" ("SFAS 130"). SFAS 130
establishes standards for the reporting and display of comprehensive income or
loss, requiring its components to be reported in a financial statement that is
displayed with the same prominence as other financial statements. For the period
ended December 31, 2002, the Company had no other components of its
comprehensive income or loss other than the net loss as reported on the
statement of operations.
Accounting Estimates - The preparation of financial statements in conformity
with generally accepted accounting principles 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 reporting period. Actual results could differ
from those estimates.
11
PACIFIC TECHNOLOGY, INC.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2002
NOTE 2 - ACCRUED EXPENSES
Accrued Wages and Compensated Absences - The Company currently does not have any
employees. The majority of development costs and services have been provided to
the Company by the officers and outside, third party vendors. As such, there is
no accrual for wages or compensated absences as of December 31, 2002.
NOTE 3 - COMMON STOCK
On June 21, 2002, the Company issued 3,010,000 shares of its common stock to its
officers and founders for consulting services rendered in connection with the
initial organization costs incurred. Since there was no readily available market
value at the time the services were rendered, par value of $0.001 per share was
considered as a reasonable estimate of fair value by all parties.
On December 2, 2002, the Company redeemed and cancelled 1,000,000 shares of its
common stock at par value previously issued to an officer and founder.
NOTE 4 - INCOME TAXES
At December 31, 2002, the Company has available for federal income tax purposes
a net operating loss carryforward of approximately $8,738, expiring 2022, that
may be used to offset future taxable income. Therefore, only the minimum state
income tax of $800 has been provided for in these financial statements.
In addition, the Company has deferred tax assets of approximately $1,300 at
December 31, 2002. The Company has not recorded a benefit from its net operating
loss carryforward because realization of the benefit is uncertain and,
therefore, a valuation allowance of ($1,300) has been provided for the deferred
tax assets.
NOTE 5- RELATED PARTY TRANSACTIONS
On June 21, 2002, the Company issued 3,010,000 shares of its common stock to its
officers and founders for services as described in Note 3.
12
B. PROFORMA FINANCIAL INFORMATION
INDEPENDENT ACCOUNTANTS' REPORT
October 20, 2003
To the Stockholders of
Dr. Protein.com, Inc.
We have examined the pro forma adjustments that reflect the transaction
described in Item 2. and the application of those adjustments to the historical
amounts in the accompanying pro forma condensed balance sheet of Dr.
Protein.com, Inc. as of December 31, 2002, and the pro forma condensed statement
of income for the year then ended. The historical condensed financial statements
are derived from the historical financial statements of Dr. Protein.com, Inc.,
and of Pacific Technology, Inc., which were audited by us appearing elsewhere
herein. Such pro forma adjustments are based on management's assumptions
described in Note 1. Dr. Protein.com, Inc.'s management is responsible for the
pro forma financial information. Our responsibility is to express an opinion on
the pro forma financial information based on our examination.
Our examination was conducted in accordance with the attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included such procedures as we considered necessary in the
circumstances. We believe that our examination provides a reasonable basis for
our opinion.
The objective of this pro forma financial information is to show what the
significant effects on the historical financial information might have been had
the transaction occurred at an earlier date. However, the pro forma condensed
financial statements are not necessarily indicative of the results of operations
or related effects on financial position that would have been attained had the
above-mentioned transaction actually occurred earlier.
In our opinion, management's assumptions provide a reasonable basis for
presenting the significant effects directly attributable to the above-mentioned
transaction described in Note 1, the related pro forma adjustments give
appropriate effect to those assumptions, and the pro forma column reflects the
proper application of those adjustments to the historical financial statement
amounts in the pro forma condensed balance sheet as of December 31, 2002, and
the pro forma condensed statement of income for the year then ended.
/s/ Hall & Company
Irvine, California
13
DR. PROTEIN.COM, INC.
PRO FORMA BALANCE SHEET
DECEMBER 31, 2002
HISTORICAL PRO FORMA
------------------------------------------------------------------------------
DR. PROTEIN PTI ADJUSTMENTS CONSOLIDATED
ASSETS
Current assets
Cash $ 47,623 $ 889 $ --- $ 48,512
Accounts receivable --- 2,471 --- 2,471
------------- ------------- ------------- -------------
Total current assets $ 47,623 $ 3,360 $ --- $ 50,983
============= ============= ============= =============
LIABILITIES AND (DEFICIT)
Current liabilities
Accounts payable & accrueds $ 9,788 $ 8,288 $ --- $ 18,076
Income tax payable --- 800 --- 800
Related party note payable 50,000 --- --- 50,000
------------- ------------- ------------- -------------
Total current liabilities 59,788 9,088 --- 68,876
Stockholders' (Deficit)
Preferred stock --- --- --- ---
Common stock 6,395 2,010 4,020 12,425
Additional paid-in capital 33,556 1,000 (1,000) 33,556
Accumulated deficit (52,116) (8,738) (3,020) (63,874)
------------- ------------- -------------- --------------
Total stockholders' deficit (12,165) (5,728) --- (17,893)
------------- ------------- ------------- -------------
Total liabilities & deficit $ 47,623 $ 3,360 $ --- $ 50,983
============= ============= ============= ==============
See accountants' report.
14
DR. PROTEIN.COM, INC.
PRO FORMA STATEMENT OF OPERATIONS
DECEMBER 31, 2002
HISTORICAL PRO FORMA
-----------------------------------------------------------------------------
DR. PROTEIN PTI ADJUSTMENTS CONSOLIDATED
Net sales $ 1,466 $ 79,843 $ --- $ 81,309
Cost of sales 1,106 70,412 --- 71,518
------------- ------------- ------------- -------------
Gross profit 360 9,431 --- 9,791
Operating expenses 25,108 17,369 11,758a 54,235
------------- ------------- ------------- -------------
Income (loss) from operations (24,748) (7,938) (11,758) (44,444)
Other expenses 2,838 800 --- 3,638
------------- ------------- ------------- -------------
Net income (loss) $ (27,586) $ (8,738) $ (11,758) $ (48,082)
============= ============= ============= =============
Net income (loss) per share $ --- $ --- $ --- $ ---
============= ============= ============= =============
Weighted average of shares 6,395,000 2,860,700 3,169,300b 12,425,000
============= ============= ============= =============
a - Goodwill charge related to the acquisition of Pacific Technology, Inc.
b - Includes shares issued related to the acquisition of Pacific Technology, Inc.
See accountants' report.
15
DR. PROTEIN.COM, INC.
NOTE TO PRO FORMA FINANCIAL STATEMENTS
DECEMBER 31, 2002
NOTE 1 - ACQUISITION OF BUSINESS
On March 28, the Company issued 6,030,000 of common stock at $.001 par value per
share for all the outstanding shares of Pacific Technology, Inc. common stock or
2,010,000 shares. The acquisition was accounted for by the purchase method of
accounting. The excess consideration given over the fair value of net assets
acquired of $11,758 has been reflected as an adjustment on the pro forma
statement of operations as a charge for impairment of goodwill.
The components of the purchase price and allocation are as follows:
Allocation of purchase price:
Current assets $ 3,360
Current liabilities assumed (9,088)
Common stock issued (6,030)
Charge for impairment of goodwill 11,758
---------
$ ---
==========
The pro forma financial condition and results of operations for the Company,
assuming the acquisition of Pacific Technology, Inc. (a Nevada Corporation)
occurred on December 31, 2002 are as presented in the statements.
16
Index to Exhibits
2.1 Share Exchange Agreement *
17.1 Resignation of Michelle Mirrotto *
* Included with Form 8-K filed on March 31, 2003.
17
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Pacific Technology, Inc.
October 22, 2003 By: /s/ Roderick Cabahug
-------------------------------------
Roderick Cabahug, President