<SUBMISSION>
<ACCESSION-NUMBER>0001054274-03-000003
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20030205
<FILING-DATE>20030206
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>ZETA CORP /CA
<CIK>0001054274
<ASSIGNED-SIC>9995
<IRS-NUMBER>582349413
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-29819
<FILM-NUMBER>03541416
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>216-1628 WEST 1ST AVENUE
<CITY>VANCOUVER
<STATE>A1
<ZIP>V6J 1G1
<PHONE>6046595005
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>216-1628 WEST 1ST AVE
<CITY>VANCOUVER
<STATE>A1
<ZIP>V6J 1G1
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<REPORTING-OWNER>
<COMPANY-DATA>
<CONFORMED-NAME>ZETA CORP /CA
<CIK>0001054274
<ASSIGNED-SIC>9995
<RELATIONSHIP>DIRECTOR
<IRS-NUMBER>582349413
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>4
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>216-1628 WEST 1ST AVENUE
<CITY>VANCOUVER
<STATE>A1
<ZIP>V6J 1G1
<PHONE>6046595005
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>216-1628 WEST 1ST AVE
<CITY>VANCOUVER
<STATE>A1
<ZIP>V6J 1G1
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4hrfeb032003.htm
<DESCRIPTION>MAIN DOCUMENT
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Form 4</TITLE>
<META NAME="author" CONTENT="Jeet Sidhu">
<META NAME="date" CONTENT="02/05/2003">
</HEAD>
<BODY style="line-height:12pt; font-size:10pt; color:#000000">
<TABLE><TR><TD valign=top width=168.467 colspan=2 rowspan=3><P style="margin:0pt; line-height:20pt; font-size:18pt" align=center><B>Form 4</B></P>
</TD><TD valign=top width=585.2 rowspan=4><P style="margin-top:5pt; margin-bottom:5pt; line-height:14pt; font-size:12pt" align=center><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, DC 20549</B></P>
<P style="margin-top:5pt; margin-bottom:5pt; font-size:12pt" align=center><B>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP<BR>
<BR>
</B><SMALL>Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940</SMALL> </P>
</TD><TD valign=top width=146.333><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>OMB APPROVAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD width=146.333><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">OMB Number: &nbsp;3235-0287</P>
</TD></TR>
<TR><TD width=146.333><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">Expires: January 31, 2005</P>
</TD></TR>
<TR><TD valign=top width=23.2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">[&nbsp;]</P>
</TD><TD valign=top width=145.267><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See instructions 1(b).</P>
</TD><TD valign=top width=146.333><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">Estimated average burden<BR>
hours per response. . . 0.5 </P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD style="border:0.75pt double #3F3F3F" valign=top width=310.267><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">1. Name and Address of Reporting Person*<BR>
</P>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Rayat, Harmel S.</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=312.333 colspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">2. Issuer Name and Ticker or Trading Symbol<BR>
</P>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Zeta Corporation &nbsp;&nbsp;(ZETA)</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=277.4 rowspan=2><P style="margin-top:3.15pt; margin-bottom:3.15pt; line-height:9.5pt; font-size:7.5pt">6. Relationship of Reporting Person(s) to Issuer</P>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(Check all applicable)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<BR>
<P style="margin-top:0pt; margin-bottom:7.5pt; line-height:9.5pt; font-size:7.5pt">_<B><U>X</U></B>_ Director&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>X</U></B>_ 10% Owner<BR>
_<B><U>X</U></B>_ Officer (give title below)&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;___ Other (specify below)</P>
<P style="margin:0pt; font-size:7.5pt" align=center><B>President &amp; CEO</B><BIG> </BIG></P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" valign=top width=310.267><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(Last)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (First)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Middle)</P>
<BR>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Suite 216 &#150; 1628 West 1<SUP>st</SUP> Avenue</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=118.6 rowspan=2><P style="margin-top:0pt; margin-bottom:12pt; line-height:9.5pt; font-size:7.5pt">3. I.R.S. Identification Number of Reporting Person, if an entity<BR>
(voluntary) </P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=193.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">4. Statement for Month/Day/Year<BR>
<BR>
<B>02/03/2003</B></P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" valign=top width=310.267><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(Street) </P>
<P style="margin:0pt; font-size:7.5pt"><BR></P>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Vancouver, British Columbia, V6J 1G1 </B></P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=193.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">5. If Amendment, Date of Original (Month/Day/Year)<BR>
<B>August 1, 2001</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=277.4><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">7. Individual or Joint/Group Filing<BR>
(Check Applicable Line)<BR>
_<B><U>X</U></B>_ Form filed by One Reporting Person<BR>
___ Form filed by More than One Reporting Person</P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" valign=top width=310.267><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(City)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (State)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Zip)</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=589.733 colspan=3><P style="margin:0pt" align=center><B>Table I -&nbsp;Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned</B></P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD style="border:0.75pt double #3F3F3F" valign=top width=94.733 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">1. Title of Security<BR>
(Instr. 3) </P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=102.467 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">2. Transaction Date<BR>
(Month/Day/Year)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=118.733 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">2A. Deemed Execution<BR>
Date, if any<BR>
(Month/Day/Year)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=71.4 colspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">3. Transaction<BR>
Code<BR>
(Instr. 8)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=179.933 colspan=3><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">4. Securities Acquired (A)<BR>
or Disposed of (D)<BR>
(Instr. 3, 4 and 5)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=119.867 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">5. Amount of Securities<BR>
Beneficially Owned<BR>
Following Reported<BR>
Transactions<BR>
(Instr. 3 and 4)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=103.133 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">6. Ownership Form:<BR>
Direct (D)<BR>
or Indirect (I)<BR>
(Instr. 4)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=109.733 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">7. Nature of Indirect<BR>
Beneficial Ownership<BR>
(Instr. 4)</P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Code</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>V</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Amount</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(A)<BR>
or<BR>
(D)</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Price</P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>12/15/1998&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>12,000,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.00025</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>12,000,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>D</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>12/15/1998&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>16,000,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.025</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>28,000,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>D</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>03/22/1999</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>1,900,000&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.025&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>29,900,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>I</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Owned by Spouse </B></P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>07/13/2001</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>8,933,332</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.015</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>38,833,332</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>D</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>&nbsp;04/26/2002&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>2,160,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.05</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>40,993,332</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>D</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>&nbsp;07/25/2002</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>2,390,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.05</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>43,383,332</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>D</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt"><B>Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>&nbsp;12/18/2002&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>P</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>1,920,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>$0.05</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=right><B>45,303,332</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=103.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center><B>D</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=94.733>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=102.467><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=118.733><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=44.467><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=87><P style="margin:0pt; font-size:7.5pt" align=right><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=21.933><P style="margin:0pt; font-size:7.5pt" align=center><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=71><P style="margin:0pt; font-size:7.5pt" align=right><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=119.867>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=103.133>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=109.733>&nbsp;</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD valign=top width=150>&nbsp;</TD><TD valign=top width=600><P style="margin:0pt" align=center><B>Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned<BR>
(e.g., puts, calls, warrants, options, convertible securities)</B> </P>
</TD><TD valign=top width=150><P style="margin:0pt; line-height:14pt">&nbsp;&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD style="border:0.75pt double #3F3F3F" valign=top width=58 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">1.<BR>
Title of Derivative Security<BR>
(Instr.3)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=62.733 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">2.<BR>
Conversion or<BR>
Exercise<BR>
Price of<BR>
Derivative<BR>
Security</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=67.667 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">3.<BR>
Transaction<BR>
Date<BR>
(Month/<BR>
Day/Year)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=57.533 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">3A.<BR>
Deemed Execution<BR>
Date, if any<BR>
(Month/<BR>
Day/Year)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=64.6 colspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">4.<BR>
Transaction Code<BR>
(Instr. 8)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=86 colspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">5.<BR>
Number of Derivative<BR>
Securities<BR>
Acquired (A) or Disposed of (D)<BR>
(Instr.3,4<BR>
and 5)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=131.467 colspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">6.<BR>
Date Exercisable<BR>
and Expiration Date<BR>
(Month/Day/Year)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=117.4 colspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">7.<BR>
Title and Amount of<BR>
Underlying Securities<BR>
(Instr. 3 and 4)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=56.467 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">8.<BR>
Price of<BR>
Derivative<BR>
Security<BR>
(Instr. 5)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=77.4 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">9.<BR>
Number of<BR>
Derivative<BR>
Securities<BR>
Beneficially<BR>
Owned Following Reported Transaction(s)<BR>
(Instr. 4)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=60.467 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">10.<BR>
Ownership<BR>
Form of<BR>
Derivative<BR>
Security:<BR>
Direct (D) or Indirect (I)<BR>
(Instr. 4)</P>
</TD><TD style="border:0.75pt double #3F3F3F" valign=top width=60.267 rowspan=2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">11.<BR>
Nature of<BR>
Indirect<BR>
Beneficial<BR>
Ownership<BR>
(Instr. 4)</P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=42.467><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Code</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=22.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>V</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=59.8><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(A)</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.2><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>(D)</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=64.867><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Date<BR>
Exercisable</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=66.6><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Expiration<BR>
Date</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=58.133><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Title</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=59.267><P style="margin:0pt; line-height:9.5pt; font-size:7.5pt" align=center>Amount<BR>
or<BR>
Number<BR>
of Shares</P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=58><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>Share Purchase Warrants</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=62.733><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>&nbsp;$0.025</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=67.667><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;&nbsp;<B>03/22/1999</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=57.533><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=42.467><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>&nbsp;A</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=22.133><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=59.8><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;<B>1,900,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=26.2><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;</P>
</TD><TD style="border:0.75pt double #3F3F3F" width=64.867><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;<B>03/22/1999</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=66.6><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt">&nbsp;<B>03/22/2003</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=58.133><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>&nbsp;Common</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=59.267><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>1,900,000&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=56.467><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>&nbsp;</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=77.4><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>&nbsp;1,900,000</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=60.467><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt" align=center><B>I</B></P>
</TD><TD style="border:0.75pt double #3F3F3F" width=60.267><P style="margin:0pt; line-height:7.5pt; font-size:7.5pt"><B>Owned by Spouse</B></P>
</TD></TR>
<TR><TD style="border:0.75pt double #3F3F3F" width=58>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=62.733>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=67.667>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=57.533>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=42.467>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=22.133>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=59.8>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=26.2>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=64.867>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=66.6>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=58.133>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=59.267>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=56.467>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=77.4>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=60.467>&nbsp;</TD><TD style="border:0.75pt double #3F3F3F" width=60.267>&nbsp;</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD width=900><P style="margin-top:0pt; margin-bottom:7.5pt; line-height:9.5pt; font-size:7.5pt">Explanation of Responses:<BR>
<BR>
<B>The 12,000,000 common shares acquired on December 15, 1998, &nbsp;were issued in exchange for services rendered in the amount of $3000. The 16,000,000 common shares acquired on December 15, 1998, were issued in exchange for services rendered in the amount of $400,000. &nbsp;The 8,933,332 common shares acquired on July 12, 2001, were issued in exchange for the satisfaction of $134,000 in debt owed for management services rendered. The 2,160,000 common shares acquired on April 26, 2002, were issued in exchange for the satisfaction of $108,000 in debt owed for management services rendered. On July 25, 2002, the Company issued 2,390,000 common shares in exchange for investor relations services valued at $119,500 from EquityAlert.com, Inc., a wholly owned subsidiary of Innotech Corporation, of which Harmel S. Rayat is a director and majority shareholder. On October 1, 2002, the 2,390,000 common shares issued to EquityAlert.com, Inc. were transferred directly to Harmel S. Rayat to satisfy outstanding debt of $120,000 owed to Harmel S. Rayat for management services rendered to EquityAlert.com. &nbsp;The 1,920,000 common shares acquired on December 18, 2002, were issued in exchange for the satisfaction of $84,000 in debt owed for management services rendered. Also on December 18, 2002, the Company granted Harmel S. Rayat 5,500,000 stock options, with terms and conditions (such as exercise price, expiration dates and vesting periods) to be agreed upon in an Incentive Stock Option Agreement.</B></P>
<P style="margin-top:0pt; margin-bottom:12pt; line-height:9.5pt; font-size:7.5pt"><B>The 1,900,000 common shares, along with 1,900,000 share purchase warrants which expire on March 22, 2003, acquired on December 15, 1998 were issued to Tajinder Chohan, the wife of Harmel S. Rayat. Additionally, other members of Harmel S. Rayat&#146;s family hold 8,376,100 common shares and 8,100,000 share purchase warrants, which expire on March 22, 2003. Mr. Rayat disclaims beneficial ownership of the shares and share purchase warrants beneficially owned by his wife and other family members. </B></P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD valign=top width=616.4><P style="margin:0pt; padding-right:-66.25pt; line-height:9.5pt; font-size:7.5pt">Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.<BR>
</P>
<P style="margin:0pt; font-size:7.5pt"><BR></P>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">* If the form is filed by more than one reporting person, <I>see</I> Instructions 4(b)(v).</P>
<P style="margin:0pt; font-size:7.5pt"><BR></P>
<P style="margin:0pt; font-size:7.5pt"><BR></P>
<P style="margin:0pt; line-height:9.5pt; font-size:7.5pt">** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).</P>
</TD><TD valign=top width=179.533><P style="margin:0pt"><B><U>/s/&nbsp;Harmel S. Rayat</U></B><U> </U></P>
<P style="margin:0pt; font-size:12pt"><BR></P>
<P style="margin:0pt; font-size:7.5pt">**Signature of Reporting Person<BIG> </BIG></P>
</TD><TD valign=top width=100.867 colspan=2><P style="margin:0pt" align=center><B><U>02/03/2003</U></B><U>&nbsp; </U></P>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<P style="margin:0pt; font-size:7.5pt" align=center>Date<BIG> </BIG></P>
</TD></TR>
<TR><TD valign=top width=896.8 colspan=4><P style="margin-top:0pt; margin-bottom:12pt; line-height:9.5pt; font-size:7.5pt">NOTE: &nbsp;File three copies of this Form, one of which must be manually signed.<BR>
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If space is insufficient, see Instruction 6 for procedure.</P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt" align=center><BR></P>
<TABLE><TR><TD valign=top width=700><P style="margin:0pt; font-size:7.5pt">Potential persons who are to respond to the collection of information contained in this form are not<BR>
required to respond unless the form displays a currently valid OMB Number.<BIG> </BIG></P>
</TD><TD valign=top width=200><P style="margin:0pt; font-size:7.5pt" align=right>SEC 1474 (9-02)<BIG> </BIG>&nbsp;<BIG>&nbsp;</BIG></P>
</TD></TR>
</TABLE>
<P style="margin:0pt; font-size:12pt"><BR></P>
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