WILTEX A INC - 10-K Annual Report

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

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FORM 10-K

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE YEAR ENDED MARCH 31, 2003

Commission File Number 0-49827

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WILTEX A, INC.
(Exact Name of Registrant as Specified in Its Charter)

NEVADA 43-195407
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)

1191 WOODSTOCK, SUITE #5, ESTES PARK, COLORADO
80517
(Address of Principal Executive Offices and Zip Code)

970-577-0716
(Registrant's Telephone Number, Including Area Code)

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Securities Registered Pursuant to Section 12(b) of the Act
NONE

Securities Registered Pursuant to Section 12(g) of the Act
COMMON STOCK PAR VALUE $0.0001 PER SHARE
(Title of Class)

Indicate by check mark whether the Registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K [ ]

Indicate by check mark whether the Registrant is an accelerated filer (as
defined in Rule 12b-2 of the Securities and Exchange Act of 1934).
Yes [ ] No [X]

The aggregate market value of voting stock held by non-affiliates of the
Registrant was approximately $-0- as of June 27, 2003. All directors, officers
and 5% or greater shareholders are presumed to be affiliates for purposes of
this calculation.

There were 5,040,000 shares of Common Stock outstanding as of June 27, 2003.

DOCUMENTS INCORPORATED BY REFERENCE
None

TABLE OF CONTENTS

2

PART I

ITEM 1 - BUSINESS

FORWARD-LOOKING STATEMENT

The statements in this Annual Report on Form 10-K of Wiltex A, Inc.
(the "Company") regarding future financial and operating performance and
results, and other statements that are not historical facts, are forward-looking
statements, as defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. We use the
words "may," "expect," "anticipate," "believe," "continue," "estimate,"
"project," "intend," "designed" or other similar expressions to identify
forward-looking statements. You should read statements that contain such words
carefully because they discuss future expectations, contain projections of
results of operations or of our financial condition, and/or state other
"forward-looking" information. These statements also involve risks and
uncertainties, including, but not limited to:

o events, conditions and financial trends that may affect the
Company's future plans and business strategy,

o results of expectations and estimates as to prospective
events, and

o circumstances about which the Company can give no firm
assurance.

Examples of types of forward-looking statements include statements on
future levels of net revenue and cash flow, strategic plans and financing. These
forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from those projected or anticipated. Factors
that might cause a difference include, but are not limited to:

o general economic conditions in the markets the Company
operates in;

o the ability to obtain and maintain access to external sources
of capital;

o the ability to control costs;

o overall management of the Company's expansion; and

o other risk factors detailed from time to time in the Company's
filings with the Securities and Exchange Commission.

We believe it is important to communicate our expectations of future
performance to our investors. However, events may occur in the future that we
are unable to accurately predict, or that we cannot control. Any forward-looking
statement speaks only as of the date the statement was made, and the Company
undertakes no obligation to update any forward-looking statement to reflect
events or circumstances after the date the statement was made. Because it is not
possible to predict every new factor that may emerge, forward-looking statements
should not be relied upon as a prediction of actual future financial condition
or results. When considering our forward-looking statements, keep in mind the
risk factors and other cautionary statements in this Annual Report on Form 10-K.
The risk factors noted in this section and other factors noted throughout this
prospectus provide examples of risks, uncertainties and events that may cause
our actual results to differ materially from those contained in any
forward-looking statement. If one or more of these risks or uncertainties
materialize, or if underlying assumptions prove incorrect, actual outcomes may
vary materially from those forward-looking statements included in this Annual
Report on Form 10-K. The terms "we," "our" and "us" and similar terms refer to
the Company and its consolidated subsidiaries, not to any individual or group of
individuals.

3

OVERVIEW

Wiltex A, Inc., was incorporated in the State of Nevada on March 14,
2002 (the "Company"). The Company's purpose is to engage in any lawful corporate
activity, including possible merger and acquisition opportunities. The Company
is in a development stage and has no operations to date other than issuance of
restricted shares to the original shareholders. The Company was formed to
provide a method for a private domestic or foreign company to become a public
reporting company thereby causing their shares to be qualified to trade in the
domestic secondary markets.

There has been no bankruptcy, receivership or similar proceeding in the
Company's history. There has been no material reclassification or merger in the
Company's short history.

The Company will attempt to locate another business for the purpose of
merging that company (the "Target Company") into the Company. It is possible
that the Target Company will become a wholly owned subsidiary of the Company or
it may sell or transfer assets into the Company and not merge. The Company can
offer no assurance that it will be successful in locating and merging with or
acquiring another entity.

The Company has ascertained that there are certain benefits to it in
being a reporting company with a publicly traded class of stock:

o increased ability to raise capital

o enhanced visibility in the financial community (which may
prove particularly helpful to raise debt, if needed)

o presence in the capital markets of the United States

o ability to use registered securities to acquire other
companies or their assets

o improved competitive position

o increased corporate prestige

o availability of "key employees" compensation through stock
options

o enhanced shareholder liquidity and other corporate valuation.

Another entity may be interested in merging with the Company if that
entity is interested in using public securities to make acquisitions of other
companies or is interested in becoming public without substantial dilution of
its stock. Other Target Companies may be those which have not been able to
locate an underwriter with acceptable terms, one that feels it can raise capital
on more favorable terms as a public entity or a foreign company seeking entry
into the United States stock markets.

The Company's business has numerous associated risks such as:
competition, no operating history to date, lack of any agreements with possible
Target Companies, management control, lack of market research, stock dilution,
taxation, the Target Company's need for audited financial statements, conflicts
of interest (this issue is discussed intra in Item 5) and possible computer
problems.

The business of seeking mergers with other companies or acquiring other
companies is highly competitive. There are many large corporations and venture
capital firms that seek other entities with which to merge or acquire and these
corporations and venture capital firms are better financed than the Company and

4

have more expertise in the field of mergers and acquisitions. Accordingly, the
Company will not be a significant competitor in this field.

The Company is without operating history. It has no revenue and limited
assets. The Company will in all likelihood operate at a loss and will be unable
to reverse that situation until a merger or acquisition occurs. There is
currently no specific Target Company nor any assurance the Company will be able
to close a business transaction needed to reverse its anticipated losses. The
Company has no current agreement with respect to a merger or acquisition with a
Target Company.

There has been no industry identification by management nor has there
been any business model established consisting of the required operating
history, assets and revenues of a Target Company. Therefore, the Company may
enter into an agreement which may result in a business combination with an
entity without significant operating history, revenues or assets precluding the
potential for current earnings or increased net worth. There is no assurance
that the Company will be successful in its plan to merge or acquire another
entity.

Management of the Company consists of its only officer, as discussed
infra, who will devote a portion of his time to the business of the Company,
especially in attempting to locate and close with a potential Target Company.
There is neither compensation paid nor any agreement present to enter into such
a contract with Management in the future. The loss of this individual could
adversely affect the Company's development and its continued operations.

The Company has performed preliminary, limited research in an attempt
to determine whether demand exists for these types of transactions. Even if
further research determines that the demand does in fact exist, there is no
assurance that the Company will be able to conclude a transaction.

The successful conclusion of an acquisition or merger by the Company
will probably result in the issuance of securities to the shareholders of the
Target Company. This transaction, or preparation for such a possible
transaction, may cause, in all probability, the shareholders of the Target
Company to gain control of the Company and also cause a change in the existing
management.

It is the intention of the Company to structure a transaction with a
Target Company to minimize the state and federal tax consequences as they apply
to both parties. There can be no assurance that all statutory requirements can
be met in the proposed reorganization or that the parties will receive tax
benefits desired in a transfer of stock or assets.

The Company will seek companies, as immediate Target Companies, which
have audited financial statements or which can assure the Company that said
statements will be furnished within sixty days of closing. If audited financial
statements are not available at closing, the Company will require
representations that the statements, when audited, will not materially differ
from the unaudited statements presented. There is no assurance that a viable
candidate for merger will agree with the Company's request, which would result
in the failure of the transaction to close.

The Company does not believe it will become subject to regulation under
the Investment Company Act of 1940, as amended (the "Investment Company Act").
However, if the Company engages in operations which result in it holding passive
investments in more than one other company, it could be subject to the
regulations found in the Investment Company Act and it would have to register
under said Act which could result in significant registration and compliance
costs.

The Company has no full-time employees.

5

The Company will send an annual report to its shareholders, which shall
contain audited financial statements. The Company is electronically filing this
Registration Statement with the Securities and Exchange Commission, (the
"Commission") without an obligation to do so under the Securities Exchange Act
of 1934, as amended, (the "Securities Exchange Act") to comply with the
reporting requirements as promulgated by the Commission. As such, the Company
will advise the shareholders that the Commission maintains an Internet site that
contains reports, proxy and information statements, and other information
regarding issuers that file electronically with the Commission at
http://www.sec.gov.

EMPLOYEES

The Company has no full-time employees.

RISK FACTORS

In addition to the other information in this Annual Report on Form
10-K, there are risk factors that should be considered in evaluating the Company
and an investment in our common stock. The trading price of the common stock
could decline due to any of these risks, and investors in our common stock could
lose all or part of their investment.

ITEM 2 - PROPERTIES

The Company is currently housed in the offices of its principal
shareholder, Wiltex First, Inc. at 1191 Woodstock, Suite #5, Estes Park,
Colorado 80517. No rent is being charged to the Company and the Company may
remain at this address until a merger is concluded. The Company owns no real
property and has no plans to acquire real property.

ITEM 3 - LEGAL PROCEEDINGS

The Company is not a party to any pending legal proceeding nor is
its property the subject of any legal proceeding.

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

During the period ended March 31, 2003, no matters were submitted to a
vote of our stockholders.

PART II

ITEM 5 - MARKETS FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

DIVIDEND POLICY

No dividends were paid on any class of equity since inception in 2002. We do not
currently plan to pay any dividends on our common stock. Nevada law could
restrict our ability to pay any dividends on our common stock.

6

SECURITIES SOLD

The Company has sold the following securities, which were restricted securities,
during the past three years.

- ----------
(1) Mr. James Hogue is the President and sole director of the Company and is
also the sole shareholder and director of Wiltex First, Inc. Mr. Hogue is the
beneficial owner of the common securities issued to Wiltex First, Inc.

(2) Ms. Dickerson elected to accept common securities as a portion of her fees
for corporate communication services rendered to the Company.

(3) Mr. Jones is not an officer, director or beneficial owner of Wiltex First,
Inc. However, he is a consultant to the firm.

There has been no underwriting undertaken by the Company.

ITEM 6 - SELECTED FINANCIAL DATA

Financial statements for the Company are included herein as Exhibits.

ITEM 7 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

The following discussion should be read in conjunction with the Consolidated
Financial Statements and their related notes found as Exhibits to this Form
10-K. Except for historical facts, all statements included in the following
discussion about our financial position, business strategy, and plans of
management for future operations are forward looking statements. Forward-looking
statements involve risks and uncertainties and actual results could materially
differ from those expressed in or implied by the forward-looking statements.

RESULTS OF OPERATIONS AND OUTLOOK FOR 2003

The Company is without operating history. It has no revenue and limited assets.
The Company will in all likelihood operate at a loss and will be unable to
reverse that situation until a merger or acquisition occurs. There is currently
no specific Target Company nor any assurance the Company will be able to close a
business transaction needed to reverse its anticipated losses. The Company has
no current agreement with respect to a merger or acquisition with a Target
Company.

7

ITEM 8 - FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

WILTEX A, INC.

FINANCIAL STATEMENTS

TABLE OF CONTENTS

Report of Independent Certified Public Accountants F-2

Balance Sheet as of March 31, 2003 F-3

Statement of Operations for the Period April 16, 2002 (Inception) to March 31, 2003 F-4

Statement of Stockholders' Deficit for the Period April 16, 2002 (Inception) to
March 31, 2003 F-5

Statement of Cash Flows for the Period April 16, 2002 (Inception) to March 31, 2003 F-6

Notes to Financial Statements F-7

F-1

8

(KILLMAN, MURRELL & COMPANY P.C. LETTERHEAD)

REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS

Stockholders and Board of Directors
WILTEX A, Inc.
Estes Park, Colorado

We have audited the accompanying balance sheet of WILTEX A, Inc. as of March 31,
2003, and the related statements of operations, stockholders' deficit and cash
flows for the period from April 16, 2002 (inception) to March 31, 2003. These
financial statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audit.

We conducted our audit in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of WILTEX A, Inc. at March 31,
2003, and the results of its operations and its cash flows for the period from
April 16, 2002 (inception) to March 31, 2003, in conformity with accounting
principles generally accepted in the United States of America.

Killman, Murrell & Co., P.C.
Dallas, Texas
June 24, 2003

F-2

9

WILTEX A, INC.

BALANCE SHEET

MARCH 31, 2003

ASSETS

CURRENT ASSETS
Cash and Cash Equivalents $ 918
------------

TOTAL ASSETS $ 918
============

LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Accounts Payable $ 5,450
------------

TOTAL CURRENT LIABILITIES 5,450
------------

STOCKHOLDERS' DEFICIT

Common Stock, $0.0001 Par Value, Authorized 100,000,000
Shares, Issued and Outstanding 5,040,000 504

Additional Paid-In Capital 517

Retained (Deficit) (5,553)
------------

TOTAL STOCKHOLDERS' DEFICIT (4,532)
------------

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 918
============

The accompanying notes are an integral part of these
financial statements

F-3

10

WILTEX A, INC.

STATEMENT OF OPERATIONS

FROM APRIL 16, 2002 (INCEPTION) TO MARCH 31, 2003

General and Administrative Expenses $ 5,553
------------

LOSS BEFORE INCOME TAX (5,553)

Income Tax Benefit --
------------

NET LOSS $ (5,553)
============

Net Loss Per Share $ 0.00
============

Weighed Average Number of Common
Shares Outstanding 5,040,000
============

The accompanying notes are an integral part of these
financial statements

F-4

11

WILTEX A, INC.

STATEMENT OF STOCKHOLDERS' DEFICIT

FROM APRIL 16, 2002 (INCEPTION) TO MARCH 31, 2003

The accompanying notes are an integral part of these
financial statements

F-5

12

WILTEX A, INC.

STATEMENT OF CASH FLOWS

FROM APRIL 16, 2002 (INCEPTION) TO MARCH 31, 2003

CASH FLOW FROM OPERATING ACTIVITIES

Net Loss $ (5,553)

Change in Current Liabilities

Accounts Payable 5,450
------------

NET CASH USED BY OPERATING ACTIVITIES (103)
------------

CASH FLOW FROM FINANCING ACTIVITIES

Sale of Common Stock 1,000

Stockholder Contribution 21
------------

NET CASH PROVIDED BY FINANCING ACTIVITIES 1,021
------------

NET INCREASE IN CASH $ 918
============

The accompanying notes are an integral part of these
financial statements

F-6

13

WILTEX A, INC.

NOTES TO FINANCIAL STATEMENTS

MARCH 31, 2003

NOTE 1: ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization

WILTEX A, Inc. ("the Company") was incorporated in the State of Nevada on March
14, 2002 and the initial issuance of common stock occurred on April 16, 2002.
The Company elected March 31 as its fiscal year end.

Purpose

The Company's purpose is to engage in any lawful corporate activity, including
possible merger and acquisition opportunities. The Company has no operations to
date other than the issuance of restricted shares to the original shareholders
and certain general and administrative expenses have been incurred. The Company
was formed to provide a method for a private domestic or foreign company to
become a publicly reporting company, thereby causing their shares to be
qualified to trade in the domestic secondary markets.

The Company is attempting to locate another business for the purpose of merging
that company (the "Target Company") into the Company. It is possible that the
Target Company will become a wholly owned subsidiary of the Company or it may
sell or transfer assets into the Company and not merge. The Company can offer no
assurance that it will be successful in locating and merging with or acquiring
another entity.

Income Taxes

The Company provides for income taxes by utilizing the asset and liability
approach to financial accounting and reporting for income taxes. Deferred income
tax assets and liabilities are computed for differences between the financial
statement and tax basis of assets and liabilities that will result in taxable or
deductible amounts in the future based on enacted tax laws and rates applicable
to the periods in which the differences are expected to affect taxable income.
Valuation allowances are established when necessary to reduce deferred tax
assets to the amount expected to be realized. Income tax expense is the tax
payable or refundable for the period plus or minus the change during the period
in deferred tax assets and liabilities.

Use of Estimates and Assumptions

Management uses estimates and assumptions in preparing financial statements in
accordance with generally accepted accounting principles. Those estimates and
assumptions affect the reported amounts of assets and liabilities, the
disclosure of contingent assets and liabilities, and the reported amounts of
revenues and expenses. Actual results could vary from the estimates that were
used.

F-7

14

WILTEX A, INC.

NOTES TO FINANCIAL STATEMENTS

MARCH 31, 2003

NOTE 1: ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Net Loss Per Common Share

Net loss per common share is based on the weighted average number of common
shares outstanding during the period.

Cash and Cash Equivalents

For the purpose of reporting cash flows, the Company considers cash in operating
bank accounts, demand deposits, and cash on hand as cash and cash equivalents.

Financial Instruments

The Company's only financial instrument is the cash balance. The carrying
amounts of the financial instrument has been estimated by management to
approximate fair value.

NOTE 2: FEDERAL INCOME TAXES

Total income tax benefit is less than the amount computed by multiplying the
loss before income taxes by the statutory federal income tax rate. The
reasons for the difference and the related tax effects at March 31, 2003,
are:

Tax Benefit at Statutory Rates (15%) $ 833
Net Operating Loss Carryforward Benefit Valuation Allowance (833)
------------

Net Income Tax Benefit $ --
============

The components of the deferred tax assets are as follows:

Deferred Tax Assets
Net Operating Loss Carryforward $ 15
Conversion from Accrual to Cash Basis 818
------------

Total Deferred Tax Asset 833
Less Valuation Allowance (833)
------------

$ --
============

There were no deferred tax liabilities at March 31, 2003.

At March 31, 2003, federal tax net operating loss carryforward was approximately
$103 and is available to offset future taxable income. Net operating loss
carryforwards begin to expire in 2023.

F-8

15

ITEM 9 - CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE

None

PART III

ITEM 10 - DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

The Company has one officer and director.

Name Age Positions and Offices Held
---- --- --------------------------

James E. Hogue 65 President, Secretary and Director

Mr. Hogue's term of office as a Director is for a period of one year
with elections to be conducted at each annual meeting of shareholders. He has
served in the office since the Company was incorporated on March 14, 2002.

There are no agreements that a Director will resign at the request of
another person and the above named Director is not acting on behalf of nor will
act on behalf of another person.

The following is a brief summary of the Director, and Officer including
his business experiences for the past five years.

Mr. James E. Hogue has served since 1988 as a director, President and
major stockholder of numerous energy corporations. Since 1991, Mr. Hogue has
served as President of Martex Oil and Gas, Inc. In 1983, Mr. Hogue formed Mayco
Petroleum, Inc., for which he served as President until 1988. Early in his
career, Mr. Hogue served as a driller for Leatherwood Company and as a core
engineer for Sargent Diamond Bit, Inc. Subsequently, Mr. Hogue became President
and major stockholder of a diamond bit manufacturing company. In the late 1970s,
Mr. Hogue served for four years as President of Union Crude Oil Company, an
exploration and drilling company, and for two years as Vice President of
Independent Producers Marketing Company, a crude oil supply and transportation
company. Mr. Hogue has participated in drilling or furnishing services for over
3,000 wells in Texas, Oklahoma, New Mexico, Louisiana and Colorado. In 1996, Mr.
Hogue became President, Chief Operating Officer and a director of Cotton Valley
Resources Corporation which was purchased by Aspen Resources Group in 1999. He
remains a director of Aspen Resources Group.

Mr. Hogue founded Wiltex First, Inc. in 2002. The Company specializes
in consulting and advising businesses in the area of strategic planning as well
as mergers and acquisitions.

Mr. Hogue is the majority shareholder, through his ownership of Wiltex
First, Inc., and sole officer and director of Wiltex A, Inc. which has filed a
registration statement on Form 10-SB. That registration statement will go
effective automatically 60 days after the filing date of May 22, 2002. The
initial business purpose of Wiltex A, Inc. is to engage in mergers and
acquisitions with an unidentified company. It is a blank check company and will
remain so until such time that it completes an acceptable business transaction.
Mr. Hogue is also sole officer and director of Wiltex A, Inc. as well as the
majority shareholder through his ownership of Wiltex First, Inc.

16

Mr. Hogue expects to be involved with other blank check companies with
similar objectives, at which point, potential conflicts of interest may occur if
the officer and director holds a similar position with other blank check
companies with the same objectives. The sole officer and director intends to
locate merger candidates for the companies in a chronological order based on the
date of final approval by the Commission.

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

ITEM 11 - EXECUTIVE COMPENSATION

The Company's officer and director does not and has not received compensation
for services rendered to the Company nor has any compensation been accrued. He
will not participate in any finders' fees; however, he will receive some
benefits as a beneficial owner of the Company upon a merger or acquisition
taking place. Furthermore, there are no stock option plans, pension plans,
insurance coverage or other benefit programs adopted by the Company.

EMPLOYEE AGREEMENTS

None

ITEM 12 - SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth each person known by the Company to be
the beneficial owner of more than 5% of the common shares (the only class of
voting securities) of the Company, all directors individually and all directors
and officers of the Company as a group. Each person has sole voting and
investment power with respect to the shares as indicated.

All Executive Officers and
Directors as a Group (1 person)

- ----------
(1) Mr. James E. Hogue owns 100% of the issued and outstanding shares of Wiltex
First, Inc. and is its sole officer and director. As such, Mr. Hogue is the
beneficial owner of the common stock of the Company and is the only control
shareholder.

17

PART IV

ITEM 13 - EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

A. Listed below are all Exhibits filed as part of this report. Certain
Exhibits are incorporated by reference to documents previously filed by the
Registrant with the Securities and Exchange Commission pursuant to Rule 12b-32
under the Securities Exchange Act of 1934, as amended. Exhibits which are
incorporated by reference are indicated by the information in the parenthetical
following such exhibit.

Exhibit Description of Exhibit

1 Financial Statements

99 Certification of James E. Hogue, Chairman of the Board and
Chief Executive Officer (Principal Executive Officer),
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002.

B. The Registrant has not filed any reports on Form 8-K during the
period covered by this Report.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.

WILTEX A, INC.
(Registrant)

Date: June 27, 2003 By: /s/ JAMES E. HOGUE
---------------------- ----------------------------------------
James E. Hogue
Chief Executive Officer

Pursuant to the requirements of the Securities Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in the capacities indicated on June 27, 2003.

Date: June 27, 2003 By: /s/ JAMES E. HOGUE
---------------------- ----------------------------------------
James E. Hogue
Chief Executive Officer

18

CERTIFICATIONS

I, James E. Hogue, certify that:

1. I have reviewed this annual report on Form 10-K of Wiltex A, Inc.

2. Based on my knowledge, this annual 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 annual
report.

3. Based on my knowledge, the financial statements and other financial
information included in the annual 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 the annual report.

4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant, and we have:

a. Designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its consolidated
subsidiaries, if any, is made known to us by others within those entities,
particularly during the period in which this quarterly report is being prepared;

b. Evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of this
annual report (the "Evaluation Date"), and

c. Presented in this annual report our conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
as of the Evaluation Date;

5. The registrant's other certifying officer and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the Audit Committee of
the registrant's Board of Directors (or persons performing the equivalent
functions):

a. All significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

b. Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal
controls; and

6. The registrant's other certifying officer and I have indicated in this annual
report whether or not there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.

By: /s/ JAMES E. HOGUE
---------------------------------
James E. Hogue
Chairman of the Board and
Chief Executive Officer
(Principal Executive Officer)

Date: June 27, 2003

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