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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001221508-03-000057.txt : 20031112
<SEC-HEADER>0001221508-03-000057.hdr.sgml : 20031111
<ACCEPTANCE-DATETIME>20031110205521
ACCESSION NUMBER:		0001221508-03-000057
CONFORMED SUBMISSION TYPE:	10QSB
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20030930
FILED AS OF DATE:		20031112

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEDINA COFFEE INC
		CENTRAL INDEX KEY:			0001117171
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING & DRINKING PLACES [5810]
		IRS NUMBER:				880442833
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10QSB
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-49712
		FILM NUMBER:		03990090

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 741
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98009
		BUSINESS PHONE:		4254530334

	MAIL ADDRESS:	
		STREET 1:		P O BOX 741
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98009
</SEC-HEADER>
<DOCUMENT>
<TYPE>10QSB
<SEQUENCE>1
<FILENAME>medina10qsbsept2003.htm
<DESCRIPTION>FORM 10QSB SEPTEMBER 30, 2003
<TEXT>
<html>

<head>
<meta name="GENERATOR" content="Microsoft FrontPage 5.0">
<meta name="ProgId" content="FrontPage.Editor.Document">
<meta NAME="author" CONTENT="VLC Filer Services, Inc.">
<title>Medina Form 10-QSB for Period Ended September 30, 2003</title>
</head>

<body>

<font SIZE="4"><b>
<p ALIGN="CENTER"></p>
<p ALIGN="CENTER"></p>
<p ALIGN="CENTER"></p>
</b></font><font SIZE="2"><hr color="#000080"></font>
<table BORDER CELLSPACING="1" BORDERCOLOR="#000000" CELLPADDING="2" WIDTH="128" ALIGN="RIGHT" HSPACE="2">
  <tr>
    <td VALIGN="MIDDLE"><font SIZE="1">
    <p ALIGN="CENTER">OMB APPROVAL</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE"><font SIZE="1">OMB Number: 3235-0416 </font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE"><font SIZE="1">Expires: December 31, 2005</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE"><font SIZE="1">Estimated average burden<br>
    hours per response: 174.00</font></td>
  </tr>
</table>
<b><font SIZE="4">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p>&nbsp;</p>
<p ALIGN="CENTER"><br>
UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</p>
</font><font SIZE="5">
<p ALIGN="CENTER">FORM 10-QSB</p>
</font></b>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="90%" style="border-collapse: collapse" bordercolor="#111111">
  <tr>
    <td WIDTH="7%" VALIGN="MIDDLE">[X] </td>
    <td WIDTH="93%" VALIGN="MIDDLE"><font SIZE="2">QUARTERLY REPORT UNDER
    SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">For the quarterly nine month period ended</font>: <u><b>
    September 30, 2003 </b></u></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="MIDDLE">[&nbsp;] </td>
    <td WIDTH="93%" VALIGN="MIDDLE"><font SIZE="2">TRANSITION REPORT UNDER
    SECTION 13 OR 15(d) OF THE EXCHANGE ACT </font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT">For the transition period from</font> _________________<font SIZE="2">
    to</font> _________________</td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2">&nbsp;</td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><font SIZE="2">Commission file number:</font>
    <u><b>000-49712</b></u></td>
  </tr>
</table>
</center>
<p></p>
<p ALIGN="CENTER"></p>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="90%" style="border-collapse: collapse" bordercolor="#111111">
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><font SIZE="5"><u><b>
    <p ALIGN="CENTER"><br>
    MEDINA COFFEE, INC.<br>
    </b></u></font><font SIZE="2">(Exact name of small business issuer as
    specified in its charter)</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="64%" VALIGN="MIDDLE"><u><b>
    <p ALIGN="CENTER">Nevada</b></u><br>
    <font SIZE="1">(State or other jurisdiction of incorporation or
    organization)</font></td>
    <td WIDTH="36%" VALIGN="MIDDLE"><u><b>
    <p ALIGN="CENTER">88-0442833</b></u><br>
    <font SIZE="1">(IRS Employer Identification No.)</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2">&nbsp;</td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><u><b>
    <p ALIGN="CENTER">P.O. Box 741, Bellevue, Washington, 98009</b></u><br>
    <font SIZE="2">(Address of principal executive offices)</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2">&nbsp;</td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><u><b>
    <p ALIGN="CENTER">(425) 453-0355</b></u><br>
    <font SIZE="2">(Issuer's telephone number)</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2">&nbsp;</td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="2"><u><b>
    <p ALIGN="CENTER">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b></u><br>
    <font SIZE="2">(Former name, former address and former fiscal year, if
    changed since last report)</font></td>
  </tr>
</table>
</center>
<p></p>
<b>
<p ALIGN="CENTER">APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY<br>
PROCEEDINGS DURING THE PRECEDING FIVE YEARS</p>
</b><font SIZE="2">
<p>Check whether the registrant filed all documents and reports required to be
filed by Section l2, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes [&nbsp;] No [&nbsp;] </p>
<hr color="#000080"></font><b>
<p>Not Applicable</p>
<p ALIGN="CENTER">APPLICABLE ONLY TO CORPORATE ISSUERS</p>
</b><font SIZE="2">
<p>State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: </p>
</font><b>
<p>1,052,600 common shares issued and outstanding as of November 10, 2003.</p>
</b><font SIZE="2">
<p>Transitional Small Business Disclosure Format (Check one): Yes [&nbsp;]</font>
<font SIZE="2">No </font></p>
<font SIZE="2"><hr color="#000080"></font>
<p>&nbsp;</p>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="550" height="611">
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="4" HEIGHT="19"><b>
    <p ALIGN="CENTER">Table of Contents</b></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2"><b>&nbsp;Page No.</b></font></td>
  </tr>
  <tr>
    <td WIDTH="80%" VALIGN="MIDDLE" COLSPAN="3" HEIGHT="7"></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="7"></td>
  </tr>
  <tr>
    <td WIDTH="80%" VALIGN="MIDDLE" COLSPAN="3" HEIGHT="15"><font SIZE="2">
    <a href="#PART_1___FINANCIAL_INFORMATION">PART I - FINANCIAL INFORMATION</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">1</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_1__FINANCIAL_STATEMENTS">ITEM 1. FINANCIAL INFORMATION</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">1</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="30"><font SIZE="2">
    <a href="#ITEM_2__MANAGEMENT_S_DISCUSSION_AND_ANAL">ITEM 2. MANAGEMENT'S
    DISCUSSION AND ANALYSIS OR PLAN OF OPERATION</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">10</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">General </font>
    </td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">10</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="19">&nbsp;</td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="19">&nbsp;</td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="19"><font SIZE="2">Overview</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="19"><font SIZE="2">10</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="19">&nbsp;</td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="19">&nbsp;</td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="19"><font SIZE="2">Plan of
    Operations</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="19"><font SIZE="2">10</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Results of
    Operations</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Revenue</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Expenses</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Loss Per
    Period/General and Administrative Expenses</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Liquidity and
    Capital Resources</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Recent Accounting
    Pronouncements</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">11</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">&quot;Safe Harbor&quot;
    Statement under the Private Securities Litigation Reform Act of 1995</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">12</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="30"><font SIZE="2">
    <a href="#ITEM_3__QUANTITATIVE_AND_QUALITATIVE_DIS">ITEM 3: QUANTITATIVE AND
    QUALITATIVE DISCLOSURES ABOUT MARKET RISK </a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">12</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_4__CONTROLS_AND_PROCEDURES">ITEM 4. CONTROLS AND PROCEDURES</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="80%" VALIGN="MIDDLE" COLSPAN="3" HEIGHT="14"><font SIZE="2">
    <a href="#PART_II___OTHER_INFORMATION">PART II - OTHER INFORMATION</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="14"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_1__LEGAL_PROCEEDINGS">ITEM 1. LEGAL PROCEEDINGS</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_2__CHANGES_IN_SECURITIES_AND_USE_OF">ITEM 2. CHANGES IN
    SECURITIES AND USE OF PROCEEDS </a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Changes in
    Securities</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Recent Sales of
    Unregistered Securities</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Recent Sales of
    Registered Securities</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">Use of Proceeds</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_3__DEFAULTS_UPON_SENIOR_SECURITIES">ITEM 3. DEFAULTS UPON
    SENIOR SECURITIES</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="30"><font SIZE="2">
    <a href="#ITEM_4__SUBMISSION_OF_MATTERS_TO_A_VOTE_">ITEM 4. SUBMISSION OF
    MATTERS TO A VOTE OF SECURITY HOLDERS</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="30"><font SIZE="2">13</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_5__OTHER_INFORMATION">ITEM 5. OTHER INFORMATION</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">14</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="2" HEIGHT="15"><font SIZE="2">
    <a href="#ITEM_6__EXHIBITS_AND_REPORTS_ON_FORM_8_K">ITEM 6. EXHIBITS AND
    REPORTS ON FORM 8-K</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">14</font></td>
  </tr>
  <tr>
    <td WIDTH="9%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="6%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="65%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="15"><font SIZE="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="80%" VALIGN="MIDDLE" COLSPAN="3" HEIGHT="19"><font SIZE="2">
    <a href="#SIGNATURES">SIGNATURES</a></font></td>
    <td WIDTH="20%" VALIGN="MIDDLE" HEIGHT="19">&nbsp;</td>
  </tr>
</table>
</center>
<p></p>
<b><u><font SIZE="2">
<p ALIGN="CENTER"><br>
</p>
<hr color="#000080"></font><a NAME="PART_1___FINANCIAL_INFORMATION">
<p ALIGN="CENTER">PART 1 - FINANCIAL INFORMATION</a></p>
</u><font SIZE="2">
<p ALIGN="CENTER"><a NAME="ITEM_1__FINANCIAL_STATEMENTS">ITEM 1. FINANCIAL
STATEMENTS</a></p>
</font></b><font SIZE="2">
<p>&nbsp;</p>
<p>The information in this report for the NINE months ended Sept 30, 2003 is
unaudited but includes all adjustments (consisting only of normal recurring
accruals, unless otherwise indicated) which Medina Coffee, Inc., (&quot;Medina&quot; or
the &quot;Company&quot;) considers necessary for a fair presentation of the financial
position, results of operations, changes in stockholders' equity and cash flows
for those periods.</p>
<p>The condensed consolidated financial statements should be read in conjunction
with Medina's financial statements and the notes thereto contained in Medina's
Annual Report on Form 10-KSB for the year ended December 31, 2002.</p>
<p>Interim results are not necessarily indicative of results for the full fiscal
year.</p>
<p>&nbsp;</p>
<p ALIGN="CENTER">1</p>
<hr color="#000080"></font><b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">MEDINA COFFEE, INC</p>
<p ALIGN="CENTER">(A DEVELOPMENT STAGE COMPANY)</p>
<p ALIGN="CENTER">FINANCIAL STATEMENTS</p>
<p ALIGN="CENTER">SEPTEMBER 30, 2003 AND 2002</p>
<p ALIGN="CENTER">&nbsp;</p>
</b><font SIZE="2">
<p ALIGN="CENTER">2</p>
<hr color="#000080"></font><font SIZE="2"><b>
<p ALIGN="CENTER">MEDINA COFFEE, INC</p>
</b></font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="347">
  <tr>
    <td WIDTH="50%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2"><u><b>TABLE OF
    CONTENTS </b></u></font></td>
    <td WIDTH="50%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2"><u><b>PAGE #</b></u></font></td>
  </tr>
  <tr>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="0"><font SIZE="2"><br>
    Financial Statements<br>
&nbsp;</font></td>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="0"></td>
  </tr>
  <tr>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="8"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Balance Sheet <br>
&nbsp;</font></td>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="8"><font size="2">4</font></td>
  </tr>
  <tr>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="12"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Statement of Operations <br>
&nbsp;</font></td>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="12"><font size="2">5</font></td>
  </tr>
  <tr>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="15"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Statement of Stockholders' Equity <br>
&nbsp;</font></td>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="15"><font size="2">6</font></td>
  </tr>
  <tr>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="12"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Statement of Cash Flows <br>
&nbsp;</font></td>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="12"><font size="2">7</font></td>
  </tr>
  <tr>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="12"><font SIZE="2">Notes of Financial
    Statements </font></td>
    <td WIDTH="50%" VALIGN="TOP" HEIGHT="12"><font SIZE="2">8-9</font></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">3</p>
<hr color="#000080"><b>
<p ALIGN="CENTER">MEDINA COFFEE, INC.<br>
(A Development Stage Company)</p>
<u>
<p ALIGN="CENTER">(Unaudited) Balance Sheet</p>
</u></b></font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" WIDTH="90%" border="0" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0">
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2"><u>Assets</u></font></td>
    <td WIDTH="15%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Sept. 30,<br>
    2003</font></td>
    <td WIDTH="14%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Sept. 30,<br>
    2002</font></td>
    <td WIDTH="14%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">December31, <br>
    2002</font></td>
    <td WIDTH="15%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">December 31, <br>
    2001</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="58%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp; Cash</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">1,200</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">4,482</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,119</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">20</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="58%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp; Total
    Current Assets</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">1,200</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">4,482</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,119</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">20</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">Property &amp; Equipment</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">3,420</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">4,006</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">3,420</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="58%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">TOTAL ASSETS</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,620</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">8,488</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">7,539</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">20</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2"><u>Liabilities and Stockholders'
    Equity</u></font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">Current Liabilities</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;
    Officers Advances (Note #6)</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">21,431</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">3,980</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">3,980</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">3,780</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;
    Officers Notes Payable (Note #7)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;
    Accounts Payable</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">0</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">2,000</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">592</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">2,000</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="58%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">Total Current Liabilities</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">21,431</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">5,980</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,572</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">5,780</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">Stockholders' Equity: Common
    Stock, $.001 par value, authorized 100,000,000 shares; shares issued and
    outstanding 1,052,600 at 6/30/03; at 6/30/02; 902,100 at 12/31/02 and
    902,100 at 12/31/01
    <p>Additional paid in capital</p>
    <p>Deficit accumulated during the development stage</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    <br>
    1,050</p>
    <p ALIGN="RIGHT">16,000</p>
    <p ALIGN="RIGHT">(33,861)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    <br>
    1,050</p>
    <p ALIGN="RIGHT">16,000</p>
    <p ALIGN="RIGHT">(14,542)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    <br>
    1,050</p>
    <p ALIGN="RIGHT">16,000</p>
    <p ALIGN="RIGHT">(14,083)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    <br>
    900</p>
    <p ALIGN="RIGHT">1,100</p>
    <p ALIGN="RIGHT">(7,760)</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="58%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">Total Stockholders' Equity (Deficit)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(16,811)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">2508</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(2,967)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(5,760)</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP"><font SIZE="2">TOTAL LIABILITIES AND<br>
    STOCKHOLDERS' EQUITY (DEFICIT)</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    4620</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    8488</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    7,539</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    20</font></td>
  </tr>
  <tr>
    <td WIDTH="42%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="58%" VALIGN="TOP" colspan="8"><hr color="#000000"></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p>See accompanying notes </p>
<p ALIGN="CENTER">4</p>
<hr color="#000080"><b>
<p ALIGN="CENTER">MEDINA COFFEE, INC.<br>
(A Development Stage Company)</p>
<u>
<p ALIGN="CENTER">(Unaudited) Statement of Operations</p>
</u></b></font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDERCOLOR="#000000" WIDTH="80%" border="0" style="border-collapse: collapse" cellpadding="0">
  <tr>
    <td WIDTH="36%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Nine months <br>
    Ended Sept. 30, <br>
    2003</font></td>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Nine months <br>
    Ended Sept. 30, <br>
    2002</font></td>
    <td WIDTH="16%" VALIGN="TOP" COLSPAN="3"><font SIZE="2">
    <p ALIGN="CENTER">Year Ended <br>
    Dec 31,<br>
    2002</font></td>
    <td WIDTH="17%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Year Ended <br>
    Dec 31, <br>
    2001</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="64%" VALIGN="TOP" COLSPAN="9"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2">Income</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp; Revenue
    </font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">33,354</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,720 </font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;
    Cost of Goods Sold </font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9">
    <p ALIGN="RIGHT"><font size="2">23,226</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2" HEIGHT="9"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">
    <p ALIGN="RIGHT">3,754</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="64%" VALIGN="TOP" COLSPAN="9" HEIGHT="9">
    <hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;
    Gross Profit</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9">
    <p ALIGN="RIGHT"><font size="2">10,128</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2" HEIGHT="9"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">
    <p ALIGN="RIGHT">966</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2" HEIGHT="9"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="9"></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP" HEIGHT="9"><font SIZE="2">Expenses</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2" HEIGHT="9"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="9"></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="9"></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp; General
    and Administrative</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">21,144</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(6782) </font></td>
    <td WIDTH="6%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(7,289)</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(3,275)</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="64%" VALIGN="TOP" COLSPAN="9"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp; Total
    Expenses</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="12%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">21,144</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(6782) </font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="12%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT">(7,289) </font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(3,275) </font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2"><br>
    Net Loss</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (11,016)</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (6782)</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="12%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (6,323)</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (3,275)</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="64%" VALIGN="TOP" COLSPAN="9"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2">Net Loss Per Share<br>
&nbsp;&nbsp;&nbsp;&nbsp; Basic and Diluted</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">($0.01)</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">($0.0056)</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="12%" VALIGN="BOTTOM" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT">($0.0061)</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="13%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">($0.0036)</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP"><font SIZE="2">Weighted average number of<br>
&nbsp;&nbsp;&nbsp;&nbsp; common shares outstanding</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">1,013,933</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">1,013,937</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="12%" VALIGN="BOTTOM" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT">900,267</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="13%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">900,267</font></td>
  </tr>
  <tr>
    <td WIDTH="36%" VALIGN="TOP">&nbsp;</td>
    <td VALIGN="TOP" COLSPAN="9"><hr color="#000000" size="1"></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p><br>
See accompanying notes</p>
<p ALIGN="CENTER">5</p>
<hr color="#000080"><b>
<p ALIGN="CENTER">MEDINA COFFEE, INC.<br>
(A Development Stage Company)</p>
<p ALIGN="CENTER">(Unaudited) Statement of Stockholders' Equity</p>
</b></font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" WIDTH="90%" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0">
  <tr>
    <td WIDTH="35%" VALIGN="TOP" ROWSPAN="2">&nbsp;</td>
    <td WIDTH="28%" VALIGN="TOP" COLSPAN="4"><font SIZE="2">
    <p ALIGN="CENTER"><br>
    Common Stock</font></p>
    <hr color="#000000" size="1"></td>
    <td WIDTH="16%" COLSPAN="2" ROWSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">&nbsp;</p>
    <p ALIGN="CENTER">Additional Paid-In Capital</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" ROWSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Deficit <br>
    accumulated <br>
    during <br>
    development s<br>
    tage</font></td>
  </tr>
  <tr>
    <td WIDTH="15%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Shares</font></td>
    <td WIDTH="13%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">Amount</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="65%" VALIGN="TOP" COLSPAN="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2"><br>
    Balance December 31, 2001</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    902,100</font></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    900</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    1,100</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    $</font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (7,760)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">Net loss NINE months ended<br>
&nbsp;&nbsp;&nbsp;&nbsp; Sept. 30, 2002</font></td>
    <td WIDTH="14%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (6,782)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">Balance Sept. 30, 2002, </font>
    </td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">1,052,600</font></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">1,050</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">16,000</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(14,542)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="65%" VALIGN="TOP" COLSPAN="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">Balance December 31, 2002</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">1,052,600</font></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">1,050</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">16,000</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(14,083)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">Issue for Cash</font></td>
    <td WIDTH="14%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2" HEIGHT="21"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="17%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">Net loss nine months ended<br>
&nbsp;&nbsp;&nbsp;&nbsp; Sept. 30, 2003</font></td>
    <td WIDTH="14%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(8,762)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">Balance Sept 30, 2003</font></td>
    <td WIDTH="14%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">1,052,600</font></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">1,050</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">16,000</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(22,845)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="65%" VALIGN="TOP" COLSPAN="8" HEIGHT="21">
    <hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">Net loss year ended<br>
&nbsp;&nbsp;&nbsp;&nbsp; December 31, 2002</font></td>
    <td WIDTH="14%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2" HEIGHT="21"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="17%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT"><br>
    (6,323)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">Balance December 31,
    2002</font></td>
    <td WIDTH="14%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">1,052,600</font></td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2" HEIGHT="21"></td>
    <td WIDTH="10%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">1,050</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">16,000</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="17%" VALIGN="TOP" HEIGHT="21"><font SIZE="2">
    <p ALIGN="RIGHT">(14,083)</font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP" HEIGHT="21"></td>
    <td WIDTH="65%" VALIGN="TOP" COLSPAN="8" HEIGHT="21">
    <hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="14%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="12%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP">&nbsp;</td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p>See accompanying notes</p>
<p ALIGN="CENTER">6</p>
<hr color="#000080"><b>
<p ALIGN="CENTER">MEDINA COFFEE, INC.<br>
(A Development Stage Company)</p>
<u>
<p ALIGN="CENTER">(Unaudited) Statement of Cash Flows </p>
</u></b></font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" WIDTH="79%" border="0" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0">
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="14%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">9 months <br>
    Ended Sept. 30, <br>
    2003</font></td>
    <td WIDTH="14%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">9 months <br>
    Ended Sept. 30,<br>
    &nbsp;2002</font></td>
    <td WIDTH="13%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Year Ended <br>
    Dec 31, <br>
    2002</font></td>
    <td WIDTH="14%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
    <p ALIGN="CENTER">Year Ended <br>
    Dec 31, <br>
    2001</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="54%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Cash Flows from Operating
    Activities</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net (Loss)</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(33,861)</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(6,782) </font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(6,323)</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(3,275)</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">380</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile
    net loss to cash<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(used) in operating activities</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">299</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in assets and
    liabilities<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Accounts Payable</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="BOTTOM">
    <p ALIGN="RIGHT"><font size="2">0</font></td>
    <td WIDTH="3%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="11%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="9%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">(1,408)</font></td>
    <td WIDTH="3%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Officers Notes Payable</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Officers Advances Payable</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">21,431</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">200</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">2,002</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">2,980</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="54%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Net Cash (used) in operating
    results</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(12,130)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(6,582)</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(7,151)</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(295)</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="54%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Cash Flows from Financing
    Activities<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from issuance of
    stock</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">(15,050)</font></td>
    <td WIDTH="3%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="11%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">15,050</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="9%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">15,050</font></td>
    <td WIDTH="3%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Cash Flows from Investing
    Activities<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchase of Property.</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="11%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="4%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="9%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
    <td WIDTH="3%" VALIGN="BOTTOM">&nbsp;</td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
    <p ALIGN="RIGHT">0</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="54%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Net increase (decrease) in cash</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(2919)</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">8468</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,099</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">(295)</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Cash at Beginning of Period</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">4119</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">20</font></td>
    <td WIDTH="4%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">20</font></td>
    <td WIDTH="3%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">315</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="54%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP"><font SIZE="2">Cash at End of Period</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">1,200</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="11%" VALIGN="TOP">
    <p ALIGN="RIGHT"><font size="2">8488</font></td>
    <td WIDTH="4%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="9%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">4,119</font></td>
    <td WIDTH="3%" VALIGN="TOP"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
    <p ALIGN="RIGHT">20</font></td>
  </tr>
  <tr>
    <td WIDTH="44%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="54%" VALIGN="TOP" colspan="8"><hr color="#000000" size="1"></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p>See accompanying notes</p>
<p ALIGN="CENTER">7</p>
<hr color="#000080"><b>
<p ALIGN="CENTER">MEDINA COFFEE, INC.<br>
(A DEVELOPMENT STAGE COMPANY)</p>
<p ALIGN="CENTER">NOTES TO FINANCIAL STATEMENTS</p>
<p ALIGN="CENTER">Sept 30, 2003 and 2002</p>
<p ALIGN="CENTER">(Unaudited)<br>
&nbsp;</p>
<p>Notes 1 - History and Organization of the Company</p>
</b>
<p>The Company was organized October 4, 1999, under the laws of the State of
Nevada as Medina Copy, Inc. The Company currently has no operations and, in
accordance with SFAS # 7 is considered a development stage company.</p>
<p>On October 4, 1999, the Company issued 900,100 shares of its $0.001 par value
common stock for cash of $1,800. On November 30, 2001, the Company issued 2,000
shares of its $0.001 par value common stock for cash of $200. On February 25,
2002, the Company issued 69,000 shares of its $0.001 par value common stock for
cash of $6,900. On March 15, 2002, the Company issued 81,500 shares of its
$0.001 par value common stock for cash of $8,150.</p>
<p>On October 6, 1999, the Company changed its name to Medina Coffee, Inc.</p>
<p>The Company has devoted substantially all of its present efforts to: (1)
researching the espresso cart industry; (2) searching the Puget Sound Area for
potential sites to place an espresso cart; (3) developing a business plan; and
(4) preparing an SB-1 prospectus offering to allow the Company to raise capital
and test the interest of investors in the espresso cart industry. The Company
began operations with a cart in December of 2002. It assumed management of Cafe
510, Bellevue Art Museum in January of 2003.</p>
<b>
<p><br>
Note 2 - Accounting Policies and Procedures</p>
</b>
<p>The company has not determined its accounting policies and procedures, except
as follows:</p>
<p>The company uses the accrual method of accounting.</p>
<p>The Company's equipment is depreciated using primarily the straight-line
method for financial reporting purposes and amounted to $ 380 during 2002 and $
0 during 2001.</p>
<p>Earnings per share is computed using the weighted average number of shares of
common stock outstanding.</p>
<p>The Company has not yet adopted any policy regarding payment of dividends. No
dividends have been paid since inception.</p>
<p>In April 1998, the American Institute of Certified Public Accountant's issued
Statement of Position 98-5 (&quot;SOP 98-5&quot;), Reporting on the Costs of Start-up
Activities which provides guidance on the financial reporting of start-up costs
and organization costs. It requires costs of start-up activities and
organization costs to be expensed as incurred. SOP 98-5 is effective for fiscal
years beginning after December 15, 1998, with initial adoption reported as the
cumulative effect of a change in accounting principle.</p>
<p>The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities at the date of the
financial statements and the reported amounts of revenue and expenses during the
reporting period. Actual results could differ from those estimates.<br>
&nbsp;</p>
<b>
<p>Note 3 - Warrants and Options</p>
</b>
<p>There are no warrants or options outstanding to issue any additional shares
of common stock of the Company. </p>
<p ALIGN="CENTER">8</p>
<hr color="#000080"><b>
<p>Note 4 - Property and Equipment</p>
</b>
<p>Property and Equipment consists of the following:</p>
</font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" WIDTH="50%" border="0" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0">
  <tr>
    <td WIDTH="37%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="CENTER">2002</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="CENTER">&nbsp;</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="CENTER">2001</font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="37%" VALIGN="MIDDLE" HEIGHT="12"></td>
    <td WIDTH="63%" VALIGN="MIDDLE" HEIGHT="12" colspan="5">
    <hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="37%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">Equipment</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">3,800</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">&nbsp;-0-</font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="37%" VALIGN="MIDDLE" HEIGHT="24"><font SIZE="2">Accumulated
    Depreciation</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="24"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="24"><font SIZE="2">
    <p ALIGN="RIGHT">380</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" HEIGHT="24"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="24"><font SIZE="2">
    <p ALIGN="RIGHT">-0-</font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" HEIGHT="24"><font SIZE="2">&nbsp;</font></td>
  </tr>
  <tr>
    <td WIDTH="37%" VALIGN="MIDDLE" HEIGHT="12"></td>
    <td WIDTH="63%" VALIGN="MIDDLE" HEIGHT="12" colspan="5">
    <hr color="#000000" size="1"></td>
  </tr>
  <tr>
    <td WIDTH="37%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">&nbsp;</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">3,420</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="27%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">
    <p ALIGN="RIGHT">-0-</font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" HEIGHT="12"><font SIZE="2">&nbsp;</font></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p>&nbsp;<br>
<b>Note 5 - Going Concern</p>
</b>
<p>The company's financial statements are prepared using the generally accepted
accounting principles applicable to a going concern, which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business. However, the Company has incurred operating losses since inception.
Without realization of additional capital, it would be unlikely for the Company
to continue as a going concern. It is management's plan to seek additional
capital through further equity financing's and seeking necessary bank loans.</p>
<b>
<p>Note 6 - Related Party Transactions</p>
</b>
<p>The Company neither owns nor leases any real or personal property. Office
services are provided without charge by Harry Miller, the sole officer and
director of the Company. Such costs are immaterial to the financial statements
and accordingly, have not been reflected therein. The sole officer and director
of the Company is involved in other business activities and may, in the future,
become involved in other business opportunities. If a specific business
opportunity becomes available, he may face a conflict in selecting between the
Company and his other business interests. The Company has not formulated a
policy for the resolution of such conflicts. </p>
<b>
<p><br>
Note 7 - Officers Notes Payable</p>
</b>
<p>Mr. Harry Miller loaned the Company, $1,000 on October 5, 1999, $510 on June
11, 2001, $2,000 on June 18, 2001, $140 on September 14, 2001 and $1,000 on
September 17, 2001 to cover legal costs and filing fees associated with
incorporating the Company. The loan is evidenced by way of a promissory note,
the note carries no interest and is payable in five years. The balance due to
Mr. Miller were $0 and $0 on September 30, 2002 and 2001 respectively.</p>
<b><u>
<p ALIGN="CENTER"><a NAME="ITEM_2__MANAGEMENT_S_DISCUSSION_AND_ANAL"></p>
<p ALIGN="CENTER">ITEM 2.&nbsp; MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
OPERATION</a></p>
</u>
<p><br>
General</p>
</b>
<p>The following discussion and analysis should be read in conjunction with the
financial statements, including the notes thereto, appearing elsewhere in this
document.</p>
<b>
<p>Overview</p>
</b>
<p>Since Medina was formed on October 4, 1999, Medina has been involved in
research and development of its espresso cart based business and it wasn't until
December of 2002 it actually commenced operations. Medina took over the
management of Cafe 510 at the Bellevue Art Museum and set up its first espresso
cart outside the Bellevue Art Museum. Given the foregoing, there were no
revenues from operations until the fourth quarter of 2002.&nbsp; Medina has
reported a loss in each of quarter of existence and continues to report a loss
due to its early stage in operations. Furthermore, due to a lack of funds, the
Bellevue Art Museum abruptly closed in September. This resulted in the closure
of&nbsp; Cafe 510; operations are expected to resume in early of 2004.&nbsp;
Other locations are currently being investigated.</p>
<p ALIGN="CENTER">9</p>
<hr color="#000080"><b>
<p>Plan of Operation</p>
</b>
<p>Medina has achieved items one and two, of its original Plan of Operation.
During the next three months, Medina expects to continue to focus on the
following:</p>
</font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="6" WIDTH="471">
  <tr>
    <td WIDTH="7%" VALIGN="TOP"><font SIZE="2">1.</font></td>
    <td WIDTH="93%" VALIGN="TOP"><font SIZE="2">Establish an operations
    procedural manual to ensure that each espresso cart/cafe provides a
    consistent quality product and a superior level of customer service.</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP"><font SIZE="2">2.</font></td>
    <td WIDTH="93%" VALIGN="TOP"><font SIZE="2">Increase the awareness of the
    local community of Medina's operations through marketing and promotions.</font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP"><font SIZE="2">3.</font></td>
    <td WIDTH="93%" VALIGN="TOP"><font SIZE="2">Continue to evaluate the
    operating success of our first espresso cart and fine tune operation
    procedures and future growth plans. </font></td>
  </tr>
  <tr>
    <td WIDTH="7%" VALIGN="TOP"><font SIZE="2">4.</font></td>
    <td WIDTH="93%" VALIGN="TOP"><font SIZE="2">Determine the number of feasible
    locations in which espresso carts will be placed. </font></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2">
<p>Given the delays experienced in establishing its first location, Medina has
scaled back its expectations in opening up additional espresso carts in the
Bellevue, Medina and Seattle area over the next three month period. Instead of
five additional espresso cart locations Medina hopes to open at least two
additional locations in the next three month period.</p>
<p>Medina anticipates the following expenditures over the next three months as
it continues to test its first espresso cart:</p>
</font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="6" WIDTH="451">
  <tr>
    <td WIDTH="348" VALIGN="TOP"><font SIZE="2">Labour for three months<sup>(1)</sup></font></td>
    <td WIDTH="79" VALIGN="TOP"><font SIZE="2">$ 2,000</font></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP"><font SIZE="2">Rent or lease expenses (twelve
    months)<sup>(2)</sup></font></td>
    <td WIDTH="79" VALIGN="TOP"><font SIZE="2">$ 3,000</font></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP"><font SIZE="2">Miscellaneous</font></td>
    <td WIDTH="79" VALIGN="TOP"><font SIZE="2"><u>$ 1,500 </u></font></td>
  </tr>
  <tr>
    <td WIDTH="348" VALIGN="TOP"><font SIZE="2">
    <p align="right">Total Cost:</font></td>
    <td WIDTH="79" VALIGN="TOP"><font SIZE="2">$ 3,500</font></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2"><b>
<p>Notes</b>:</p>
<p>(1) Labour costs are higher than originally anticipated as Medina anticipates
it will need three employees to operate the espresso cart and 510 Cafe. One
employee will be full time and two will be part time.<br>
(2) Medina does not pay a rent to the Bellevue Art Museum in connection with its
espresso cart operations. Instead, Medina has agreed to share 50% of any profits
after expenses obtained from operating at this location.</p>
<p>Our operations at Cafe 510 are running loss of approximately $2,000 per
month. The off-set provided by the Bellevue Art Museum ended in June 2003 and we
ran at a loss of approximately $2,000 per month&nbsp; to September 30, 2003. We
opened up our espresso cart in front of the Bellevue Art Museum in June 2003.
Although we believe this will eventually attract more street and local
pedestrian traffic to our location results have been limited due to construction
next door.&nbsp; Cafe 510 is currently closed as the Bellevue Art Museum
facility is on a temporary hiatus.</p>
<p>Medina's plans over the next three months will require substantial capital
investment.&nbsp; The monies currently on hand will not be sufficient to finance
Medina's operation over the next three months. Medina is currently evaluating
two new locations to place an espresso cart.&nbsp; Management of Medina
estimates it will need a minimum of $50,000 over the next three months to
implement its revised business strategy. Medina intends to pay for its expansion
using cash generated from sales of operating espresso carts, capital stock,
notes and/or assumption of indebtedness. There can be no assurance, however,
that sales from operation will materialize or that Medina will be able to secure
financing on terms satisfactory to Medina, if at all. Failure by Medina to
obtain sufficient additional capital in the future will limit or eliminate
Medina's ability to implement its business strategy. Future debt financings, if
available, may result in increased<b> </b>interest and<b> </b>amortization
expense, increased leverage, decreased income available to fund further
acquisitions and expansion, and may limit Medina's ability to withstand
competitive pressures and render Medina more vulnerable to economic downturns.
Future equity financings may dilute the equity interest of existing
stockholders.</p>
<p ALIGN="CENTER">10</p>
<hr color="#000080"><b><u>
<p>Results of Operations</p>
</u>
<p>Revenue</b>. </p>
<p>Total revenue for the period ended September 30, 2003 was $ 33,354 compared
to revenues of $0 for the period ended September 30, 2002. We had no operations
in 2001. The majority of our revenues were derived from our operations at Cafe
510 and our espresso cart operations at the Bellevue Art Museum.</p>
<b>
<p>Expenses</b>.</p>
<p>Our expenses are directly related to the costs of goods sold was $ 23,226 for
the period year ended Sept 30, 2003 compared to $0 for the period ended Sept 30,
2002. Labor formed a large part of this expense. Our general and administrative
costs for the period ended Sept 30, 2003 was $ 21,144 compared to general and
administrative costs of $ 6,782 for the period year ended Sept 30, 2002. A large
portion of these costs are related to professional and other costs associated
with maintaining our status as a reporting issuer with the Securities and
Exchange Commission.</p>
<b>
<p>Loss Per Period/General and Administrative Expenses</b> </p>
<p>Medina's net loss for the NINE months ended Sept 30, 2003 was $ 11,016 or
approximately $ 4,234 more than recorded for the same period in 2002. The
majority of the costs and expenses Medina has incurred over the last nine months
have been related to the cost of compliance with SEC filing requirements as a
12g reporting company. The majority of these costs and expenses have been
covered by the funds received from Medina's registered offering.</p>
<b>
<p>Liquidity and Capital Resources</p>
</b>
<p>As of Sept 30, 2003, Medina had $ 645 in cash, and $ 21,431 in liabilities of
which $ 21,431 is a promissory note to Mr. Miller. The note carries no interest
and is payable in five years. Medina acquired its first coffee cart for a cost
of $4,006. This is the sole asset of Medina. During the quarter ended Sept 30,
2002, Medina received $15,050 from the sales of its equity securities under a
registered offering. Medina did not sell any further securities in the quarter
ended Sept 30, 2003.</p>
<b>
<p>Recent Accounting Pronouncements</p>
</b>
<p>In June 1998, the FASB issued SFAS 133, &quot;Accounting for Derivative
Instruments and Hedging Activity,&quot; which was subsequently amended by SFAS 137,
&quot;Accounting for Derivative Instruments and Hedging Activities: Deferral of
Effective Date of FASB 133&quot; and Statement No.138, &quot;Accounting for Certain
Derivative Instruments and Certain Hedging Activities: an amendment of FASB
Statement No. 133.&quot; SFAS 137 requires adoption of SFAS 133 in years beginning
after June 15, 2000. SFAS 138 establishes accounting and reporting standards for
derivative instruments and addresses a limited number of issues causing
implementation difficulties for numerous entities. The Statement requires us to
recognize all derivatives on the balance sheet at fair value. Derivatives that
are not hedges must be recorded at fair value through earnings. If the
derivative qualifies as a hedge, depending on the nature of the exposure being
hedged, changes in the fair value of derivatives are either offset against the
change in fair value of hedged assets, liabilities, or firm commitments through
earnings or are recognized in other comprehensive income until the hedged cash
flow is recognized in earnings. The ineffective portion of a derivative's change
in fair value is recognized in earnings. The Statement permits early adoption as
of the beginning of any fiscal quarter. SFAS 133 will become effective for our
first fiscal quarter of fiscal year 2002 and we do not expect adoption to have a
material effect on our financial statements. </p>
<p>In December 1999, the SEC issued SAB 101, &quot;Revenue Recognition in Financial
Statements.&quot; SAB 101 summarizes certain aspects of the staff's views in applying
generally accepted accounting principles to revenue recognition in financial
statements. On March 24, 2000 and June 26, 2000, the SEC issued Staff Accounting
Bulletin No. 101A and No. 101B, respectively, which extend the transition
provisions of SAB 101 until no later than the fourth quarter of fiscal years
beginning after December 15, 1999, which would be December 31, 2000 for us.</p>
<p ALIGN="CENTER">11</p>
<hr color="#000080">
<p>In March 2000, the FASB issued FIN 44, Accounting for Certain Transactions
Involving Stock Compensation - an Interpretation of APB No. 25, Accounting for
Stock Issued to Employees&quot;. This Interpretation clarifies (a) the definition of
employee for purposes of applying Opinion 25, (b) the criteria for determining
whether a plan qualifies as a non-compensatory plan, (c) the accounting
consequences of various modifications to the terms of a previously fixed stock
option or award, and (d) the accounting for an exchange of stock compensation
awards in a business combination. This Interpretation is effective July 1, 2000,
but certain conclusions in this Interpretation cover specific events that occur
after either December 15, 1998, or January 12, 2000. To the extent that this
Interpretation covers events occurring during the period after December 15,
1998, or January 12, 2000, but before the effective date of July 1, 2000, the
effects of applying this Interpretation are recognized on a prospective basis
from July 1, 2000.</p>
<b>
<p>&quot;Safe Harbor&quot; Statement under the Private Securities Litigation Reform Act of
1995</p>
</b>
<p>This Form 10-QSB report may contain certain &quot;forward-looking&quot; statements as
such term is defined in the Private Securities Litigation Reform Act of 1995 or
by the Securities and Exchange Commission in its rules, regulations and/or
releases, which represent our expectations or beliefs, including but not limited
to, statements concerning our economic performance, financial condition, growth
and marketing strategies, availability of additional capital, ability to attract
suitable personal and future operational plans. For this purpose, any statements
contained herein that are not statements of historical fact may be deemed to be
forward-looking statements. Without limiting the generality of the foregoing,
words such as &quot;may,&quot; &quot;will,&quot; &quot;expect,&quot; &quot;believe,&quot; &quot;anticipate,&quot; &quot;intend,&quot;
&quot;could,&quot; &quot;estimate,&quot; &quot;might,&quot; or &quot;continue&quot; or the negative or other variations
thereof or comparable terminology are intended to identify forward-looking
statements. These statements by their nature involve substantial risks and
uncertainties, certain of which are beyond our control, and actual results may
differ materially depending on a variety of important facts, including but not
limited to those risk factors Company's Amended Registration Statement on Form
SB-1 filed with the Securities and Exchange Commission on January 8, 2002.</p>
<u><b>
<p ALIGN="CENTER"><br>
<a NAME="ITEM_3__QUANTITATIVE_AND_QUALITATIVE_DIS">ITEM 3: QUANTITATIVE AND
QUALITATIVE DISCLOSURES ABOUT MARKET RISK</a></p>
</b></u>
<p><br>
Medina's primary market risk exposure is that of interest rate risk on
borrowings under our credit lines, which are subject to interest rates based on
the banks' prime rate, and a change in the applicable interest rate that would
affect the rate at which we could borrow funds or finance equipment purchases.
</p>
<b><u>
<p ALIGN="CENTER"><a NAME="ITEM_4__CONTROLS_AND_PROCEDURES"><br>
ITEM 4: CONTROLS AND PROCEDURES</a></p>
</u>
<p><br>
Evaluation of Disclosure Controls and Procedures</b>.</p>
<p>Our Chief Executive Officer and Chief Financial Officer have evaluated the
effectiveness of our disclosure controls and procedures (as defined in Rules
13a-14 and 15d-14 of the Securities Exchange Act of 1934, as amended) as of a
date within ninety days of the filing date of this annual report on Form 10-KSB.
Based upon their evaluation, the Chief Executive Officer and Chief Financial
Officer have concluded that our disclosure controls and procedures are
effective. </p>
<b>
<p>Changes in internal controls</b>. </p>
<p>There were no significant changes in Medina's internal controls or in any
factors that could significantly affect internal controls subsequent to the date
of the Chief Executive Officer and the Chief Financial Officer's evaluation.</p>
<p>&nbsp;</p>
<p ALIGN="CENTER">12</p>
<hr color="#000080"></font>
<p ALIGN="CENTER"><b><a NAME="PART_II___OTHER_INFORMATION"><u>PART II - OTHER
INFORMATION</u></a></p>
<font SIZE="2"><u>
<p ALIGN="CENTER"><br>
<a NAME="ITEM_1__LEGAL_PROCEEDINGS">ITEM 1. LEGAL PROCEEDINGS</a></p>
</u></font></b><font SIZE="2">
<p>To Medina's knowledge, no lawsuits were commenced against Medina during the
quarter ended September 30, 2003, nor did Medina Commence any lawsuits during
the same period.<br>
&nbsp;</p>
<b><u>
<p ALIGN="CENTER"><a NAME="ITEM_2__CHANGES_IN_SECURITIES_AND_USE_OF">ITEM 2.
CHANGES IN SECURITIES AND USE OF PROCEEDS </a></p>
</u>
<p><br>
Changes in Securities</p>
</b>
<p>None.</p>
<b>
<p>Recent Sales of Unregistered Securities</p>
</b>
<p>None.</p>
<b>
<p>Recent Sales of Registered Securities</p>
</b>
<p>None.</p>
<b>
<p>Use of Proceeds</p>
</b>
<p>Not applicable.</p>
<u><b>
<p ALIGN="CENTER"><a NAME="ITEM_3__DEFAULTS_UPON_SENIOR_SECURITIES">ITEM 3.
DEFAULTS UPON SENIOR SECURITIES</a></p>
</b></u>
<p>Not applicable.</p>
<p ALIGN="CENTER"></p>
<p>&nbsp;</p>
<u><b>
<p ALIGN="CENTER"><a NAME="ITEM_4__SUBMISSION_OF_MATTERS_TO_A_VOTE_">ITEM 4.
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS</a><br>
</p>
</b></u>
<p>Not applicable.</p>
<b><u>
<p><a NAME="ITEM_5__OTHER_INFORMATION"></p>
<p ALIGN="CENTER">ITEM 5. OTHER INFORMATION</a></p>
</u>
<p><br>
</b>Not applicable.</p>
<p ALIGN="CENTER">13</p>
<hr color="#000080">
<p ALIGN="CENTER"><b><a NAME="ITEM_6__EXHIBITS_AND_REPORTS_ON_FORM_8_K"><u>ITEM
6. EXHIBITS AND REPORTS ON FORM 8-K</u></a></p>
<p>A.&nbsp; Exhibits.<u><br>
</p>
</u></b></font>
<p ALIGN="CENTER"></p>
<center>
<table CELLSPACING="0" BORDER="0" CELLPADDING="1" WIDTH="549">
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2"><b>Exhibit <br>
    <u>Number</u></b></font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2"><u><b><br>
    Exhibit Title</b></u></font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">3.1</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2">Articles of Incorporation as
    Amended (incorporated by reference from our Form SB-1 Registration
    Statement, filed July 10, 2000)</font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">3.2</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2">Articles of Amendment
    (incorporated by reference from our Form SB-1 Registration Statement, filed
    July 10, 2000)</font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font SIZE="2">3.2</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2">Bylaws (incorporated by
    reference from our Form SB-1 Registration Statement, filed July 10, 2000)</font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font size="2">31</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2"><a href="ex31.htm">Certificate
    of CEO/CFO as Required by Rule 13a-14(a)/15d-14</a></font></td>
  </tr>
  <tr>
    <td WIDTH="11%" VALIGN="TOP"><font size="2">32</font></td>
    <td WIDTH="89%" VALIGN="TOP"><font SIZE="2"><a href="exhibit_32.htm">
    Certificate of CEO/CFO as Required by Rule Rule 13a-14(b) and Rule 15d-14(b)
    (17 CFR 240.15d-14(b)) and Section 1350 of Chapter 63 of Title 18 of the
    United States Code</a></font></td>
  </tr>
</table>
</center>
<p></p>
<font SIZE="2"><b>
<p>b.&nbsp; Reports of Form 8-K</b>.</p>
<p>None.</p>
</font>
<p>&nbsp;</p>
<font SIZE="2">
<p ALIGN="CENTER"><br>
</font><u><b><a NAME="SIGNATURES">SIGNATURES</a></p>
</b></u><font SIZE="2">
<p>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.</p>
</font>
<div align="center">
  <center>
  <table CELLSPACING="0" BORDER="0" WIDTH="80%" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0">
    <tr>
      <td WIDTH="48%" VALIGN="MIDDLE">&nbsp;</td>
      <td WIDTH="52%" VALIGN="MIDDLE"><font SIZE="4"><b>MEDINA COFFEE, INC.</b></font></td>
    </tr>
    <tr>
      <td WIDTH="48%" VALIGN="TOP"><font SIZE="2">Date: <u><b>November 10, 2003</b></u></font></td>
      <td WIDTH="52%" VALIGN="MIDDLE"><font SIZE="2">&nbsp;<p>&nbsp;&nbsp;&nbsp;&nbsp;
      /s/ Harry Miller<br>
      <br>
      By:_____________________________<br>
      Harry Miller, Chief Executive Officer, President, Secretary and Director</font></td>
    </tr>
  </table>
  </center>
</div>
<font SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">14</p>
<hr color="#000080"></font>
<p>&nbsp;</p>

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<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>3
<FILENAME>ex31.htm
<DESCRIPTION>EXHIBIT 31
<TEXT>
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<body>

<b><font SIZE="3">
<p ALIGN="CENTER">EXHIBIT 31<br>
</p>
</font><u>
<p ALIGN="CENTER">CERTIFICATION<br>
</p>
<font COLOR="#808080"></font></u></b>
<p>I, Harry Miller, certify that: </p>
<b><u>
<ol>
  </u></b>
  <li>I have reviewed this 10-QSB of Medina Coffee, Inc;<br>
&nbsp;</li>
  <li>Based on my knowledge, this report does not contain any untrue statement
  of a material fact or omit to state a material fact necessary to make the
  statements made, in light of the circumstances under which such statements
  were made, not misleading with respect to the period covered by this report;
  <br>
&nbsp;</li>
  <li>Based on my knowledge, the financial statements, and other financial
  information included in this report, fairly present in all material respects
  the financial condition, results of operations and cash flows of the
  registrant as of, and for, the periods presented in this report; <br>
&nbsp;</li>
  <li>The registrant's other certifying officer(s) and I are responsible for
  establishing and maintaining disclosure controls and procedures (as defined in
  Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over
  financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))
  for the registrant and have: <br>
&nbsp;<table border="0" cellspacing="1" width="100%" id="AutoNumber1">
    <tr>
      <td width="3%" align="left" valign="top">(a)</td>
      <td width="2%" align="left" valign="top">&nbsp;</td>
      <td width="95%" align="left" valign="top">Designed such disclosure
      controls and procedures, or caused such disclosure controls and procedures
      to be designed under our supervision, to ensure that material information
      relating to the registrant, including its consolidated subsidiaries, is
      made known to us by others within those entities, particularly during the
      period in which this report is being prepared; </td>
    </tr>
    <tr>
      <td width="3%" align="left" valign="top">(b)</td>
      <td width="2%" align="left" valign="top">&nbsp;</td>
      <td width="95%" align="left" valign="top">Designed such internal control
      over financial reporting, or caused such internal control over financial
      reporting to be designed under our supervision, to provide reasonable
      assurance regarding the reliability of financial reporting and the
      preparation of financial statements for external purposes in accordance
      with generally accepted accounting principles; </td>
    </tr>
    <tr>
      <td width="3%" align="left" valign="top">(c)</td>
      <td width="2%" align="left" valign="top">&nbsp;</td>
      <td width="95%" align="left" valign="top">Evaluated the effectiveness of
      the registrant's disclosure controls and procedures and presented in this
      report our conclusions about the effectiveness of the disclosure controls
      and procedures, as of the end of the period covered by this report based
      on such evaluation; and </td>
    </tr>
    <tr>
      <td width="3%" align="left" valign="top">(d)</td>
      <td width="2%" align="left" valign="top">&nbsp;</td>
      <td width="95%" align="left" valign="top">Disclosed in this report any
      change in the registrant's internal control over financial reporting that
      occurred during the registrant's most recent fiscal quarter (the
      registrant's fourth fiscal quarter in the case of an annual report) that
      has materially affected, or is reasonably likely to materially affect, the
      registrant's internal control over financial reporting; and <br>
&nbsp;</td>
    </tr>
  </table>
  </li>
  <li>The registrant's other certifying officer(s) and I have disclosed, based
  on our most recent evaluation of internal control over financial reporting, to
  the registrant's auditors and the audit committee of the registrant's board of
  directors (or persons performing the equivalent functions): </li>
</ol>
<blockquote>
  <table border="0" cellspacing="1" width="100%" id="AutoNumber2">
    <tr>
      <td width="3%" valign="top">(a)</td>
      <td width="2%" valign="top">&nbsp;</td>
      <td width="95%" valign="top">All significant deficiencies and material
      weaknesses in the design or operation of internal control over financial
      reporting which are reasonably likely to adversely affect the registrant's
      ability to record, process, summarize and report financial information;
      and</td>
    </tr>
    <tr>
      <td width="3%" valign="top">(b)</td>
      <td width="2%" valign="top">&nbsp;</td>
      <td width="95%" valign="top">Any fraud, whether or not material, that
      involves management or other employees who have a significant role in the
      registrant's internal control over financial reporting. </td>
    </tr>
  </table>
</blockquote>
<b><u>
<table CELLSPACING="0" BORDER="0" WIDTH="576">
  <tr>
    <td WIDTH="50%" VALIGN="MIDDLE">&nbsp;Date: November 10, 2003</td>
    <td WIDTH="50%" VALIGN="MIDDLE">
    <p ALIGN="CENTER">&nbsp;</p>
    <p ALIGN="CENTER">_____________________________<br>
    Harry Miller, President, CEO, CFO, and Sole Director &amp; Officer</td>
  </tr>
</table>
<font SIZE="2">
<p>&nbsp;</p>
</font></u></b>

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<DOCUMENT>
<TYPE>EX-32
<SEQUENCE>4
<FILENAME>exhibit_32.htm
<DESCRIPTION>EXHIBIT 32
<TEXT>
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<b>
<p ALIGN="CENTER"><u>EXHIBIT 32</u></p>
<p ALIGN="CENTER">CERTIFICATION PURSUANT TO</p>
<p ALIGN="CENTER">18 U.S.C. 1350,</p>
<p ALIGN="CENTER">AS ADOPTED PURSUANT TO</p>
<p ALIGN="CENTER">SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002</p>
</b>
<p>&nbsp;</p>
<p>In connection with the Quarterly Report of&nbsp; Medina Coffee, Inc.&nbsp;
(the &quot;Company&quot;) on Form 10-QSB for the period ended September 30, 2003, as filed
with the Securities and Exchange Commission on the date hereof (the &quot;Report&quot;),
I, Harry Miller, President, CEO, CFO and sole Director and Officer of the
Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906
of the <i>Sarbanes-Oxley Act of 2002</i>, that:</p>
<ul>
  <li>The Report fully complies with the requirements of Section 13(a) or 15(d)
  of the <i>Securities Exchange Act of 1934</i>; and</li>
  <li>The information contained in the Report fairly presents, in all material
  respects, the financial condition and results of operations of the Company.</li>
</ul>
<table CELLSPACING="0" BORDER="0" WIDTH="576">
  <tr>
    <td WIDTH="50%" VALIGN="MIDDLE">&nbsp;Date: November 10, 2003</td>
    <td WIDTH="50%" VALIGN="MIDDLE">
    <p ALIGN="CENTER"><br>
    /s/ Harry Miller<br>
    _____________________________<br>
    Harry Miller, President, CEO, CFO, and Sole Director &amp; Officer</td>
  </tr>
</table>
<p><font size="2">A signed original of this written statement required by
Section 906 has been provided to Medina Coffee, Inc. and will be retained by
Medina Coffee, Inc. and furnished to the Securities and Exchange Commission or
its staff upon request. </font></p>
<p><font size="2">The foregoing certification is being furnished to the
Securities and Exchange Commission and shall not be considered filed as part of
the Form 10-QSB.</font></p>

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