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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2004
[_] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the transition period from to
---------- ----------
333-62786
------------------------
(Commission file number)
CANADIAN ROCKPORT HOMES INTERNATIONAL, INC.
-----------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)
Delaware 98-0354610
--------------------------------- -------------------
(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
700 W. Bender Street, Suite 507
Vancouver, BC Canada V6C 1G8
----------------------------------------
(Address of principal executive offices)
(604) 669-1081
---------------------------
(Issuer's telephone number)
----------------------------------------------------
(Former name, former address and former fiscal year,
if changed since last report)
[X] Check whether the registrant (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 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.
[_] Check whether the registrant is an accelerated filer (as defined in Rule
12b-2 of the Exchange Act).
The number of shares outstanding of each of the issuer's classes of common
equity as of May 26, 2004 is 15,806,005 shares of Common Stock.
Canadian Rockport Homes International, Inc.
-------------------------------------------
Index
-----
Page
Number
------
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements
Consolidated Balance Sheets 3
Consolidated Statements of Operations 5
Three-Months Ended March 31, 2003 and 2004 and from the
Company's inception (March 27, 1997) through March 31,
2004
Consolidated Statements of Cash Flows 6
Three-Months Ended March 31, 2003 and 2004 and from the
Company's inception (March 27, 1997) through March 31,
2004
Notes to Consolidated Financial Statements 8
Item 2. Management's Discussion and Analysis of Financial Condition
and Results of Operations 10
Item 3. Quantitative and Qualitative Disclosures About Market Risk 11
Item 4. Controls and Procedures 11
Part II. OTHER INFORMATION
Item 1. Legal Proceedings 12
Item 2. Change in Securities and Use of Proceeds 12
Item 3. Defaults Upon Senior Securities 12
Item 4. Submission of Matters to a Vote of Security Holders 12
Item 5. Other Information 12
Item 6. Exhibits and Reports on Form 8-K 12
SIGNATURES 13
PART I. FINANCIAL INFORMATION
- -------------------------------
ITEM 1. Financial Statements
- ------------------------------
Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED BALANCE SHEETS
- ------------------------------------------------------------------------------------------------------------
December 31, 2003 March 31, 2004
----------------- ----------------
(Unaudited)
Assets
Current Assets
Cash $ 143,718 $ 82,705
Employee advance 2,317 -
Loan receivable - related party 2,492 -
Receivable - other 927 2,148
Prepaid expenses 1,792 1,712
----------------- ----------------
Total current assets 151,246 86,565
----------------- ----------------
Property and Equipment
Land 400,000 400,000
Trucks 28,957 28,670
Furniture and equipment 183,887 185,168
Property held under capital leases 12,094 12,048
Leasehold improvements 1,570 1,555
----------------- ----------------
626,508 627,441
Less accumulated depreciation (141,137) (151,722)
----------------- ----------------
485,371 475,719
Construction in progress 937,645 1,092,922
----------------- ----------------
Total property and equipment - net 1,423,016 1,568,641
----------------- ----------------
Other Assets
Intangible assets subject to amortization:
Patents 9,758 9,586
----------------- ----------------
Total Assets $ 1,584,020 $ 1,664,792
================= ================
The accompanying notes are an integral part of these
consolidated financial statements.
3
Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED BALANCE SHEETS
- ------------------------------------------------------------------------------------------------------------
December 31, 2003 March 31, 2004
----------------- ----------------
(Unaudited)
Liabilities and Stockholders' Equity (Deficit)
Current Liabilities
Rent payable $ 290,366 $ 283,985
Legal fees payable 133,412 130,580
Trade accounts payable 9,102 22,558
Accrued compensation - 146,563
Payroll taxes payable 2,645 -
Loans payable - other 15,612 15,612
Current maturities of obligation under capital lease 2,539 2,649
Current maturities of long-term debt 113,450 113,628
----------------- ----------------
Total Current Liabilities 567,126 715,575
Long-term debt and obligations under capital lease 7,697 6,905
----------------- ----------------
Total Liabilities 574,823 722,480
----------------- ----------------
Stockholders' Equity
Common stock, $.001 par value; authorized 100,000,000 shares;
issued and outstanding 15,677,896 shares as of December 31,
2003, and 15,767,826 shares as of March 31, 2004 15,678 15,768
Additional paid-in capital 8,237,056 8,828,769
Deficit accumulated during development stage (7,252,781) (7,907,015)
Other comprehensive income 9,244 4,790
----------------- ----------------
Total Stockholders' Equity 1,009,197 942,312
----------------- ----------------
Total Liabilities and Stockholders' Equity (Deficit) $ 1,584,020 $ 1,664,792
================= ================
The accompanying notes are an integral part of these
consolidated financial statements.
4
Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED STATEMENTS OF OPERATIONS
- ---------------------------------------------------------------------------------------------------
From Inception
(March 27, 1997)
For the Three Months Ended Through
March 31, 2003 March 31, 2004 March 31, 2004
---------------- ---------------- ----------------
(Unaudited) (Unaudited) (Unaudited)
Income $ - $ - $ -
Operating Expenses
General and administrative expenses (250,171) (473,631) (4,274,169)
Compensation and consulting expense
incurred on stock option grants - (178,747) (3,192,621)
Loss on disposition of assets - - (358,361)
Loss on impairment of goodwill - - (30,000)
---------------- ---------------- ----------------
Loss from Operations (250,171) (652,378) (7,855,151)
Other Income (Expenses)
Commission income 2,917 - 2,917
Interest income 111 - 4,240
Interest expense (9,714) (1,856) (59,021)
---------------- ---------------- ----------------
Net Loss $ (256,857) $ (654,234) $ (7,907,015)
================ ================ ================
Basic and Diluted Loss per Share: $ (0,02) $ (0.04)
================ ================
Weighted Average Common
Shares Outstanding 15,458,678 15,718,670
================ ================
The accompanying notes are an integral part of these
consolidated financial statements.
5
Canadian Rockport Homes International, Inc.
(A Development Stage Company)
CONSOLIDATED STATEMENTS OF CASH FLOWS
- ---------------------------------------------------------------------------------------------------------------
From Inception
(March 27, 1997)
For the Three Months Ended Through
March 31, 2003 March 31, 2004 March 31, 2004
---------------- ---------------- ----------------
(Unaudited) (Unaudited) (Unaudited)
Cash Flows from Operating Activities
Net loss $ (256,857) $ (654,234) $ (7,907,015)
Adjustments to reconcile net loss to net cash
provided by operating activities:
Issuance of common stock for services - 5,875 22,375
Issuance of common stock in
Company's organization - - 1,000
Compensation recognized on stock option grants - 178,747 3,192,621
Loss on disposition of assets - - 358,749
Loss on impairment of goodwill - - 30,000
Depreciation and amortization 10,678 11,283 143,790
(Increase) Decrease in Assets
(Increase) decrease in prepaid expenses 11,645 - (1,800)
(Increase) decrease in other assets (1,537) 3,295 204
Increase (Decrease) in Liabilities
Increase in accrued compensation - 145,147 145,147
Increase in trade and other payables 18,001 5,024 434,463
---------------- ---------------- ----------------
Net Cash Used in Operating Activities (218,070) (304,863) (3,580,466)
---------------- ---------------- ----------------
Cash Flows from Investing Activities
Net proceeds from sale of timber and truss
plant - - 211,639
Insurance proceeds on equipment theft - - 252
Acquisition of equipment and other property (121,177) (158,935) (1,076,173)
---------------- ---------------- ----------------
Net Cash Used in Investing Activities (121,177) (158,935) (864,282)
---------------- ---------------- ----------------
Cash Flows from Financing Activities
Gross proceeds from private stock offerings 315,774 440,992 4,748,664
Cost incurred in stock offerings (17,932) (33,812) (335,986)
Advances from officer - - 129,810
Principal reduction on obligation under
capital lease (97) (583) (2,299)
Proceeds from loans - - 144,668
Loans repayments to officer - - (127,382)
Purchase of treasury stock - - (35,000)
---------------- ---------------- ----------------
Net Cash Provided by Financing Activities 297,745 406,597 4,522,475
---------------- ---------------- ----------------
Effect of Exchange Rates on Cash 14,920 (3,812) 4,978
---------------- ---------------- ----------------
Net Increase (Decrease) in
Cash and Cash Equivalents (26,582) (61,013) 82,705
Beginning Balance -
Cash and Cash Equivalents 181,331 143,718 -
---------------- ---------------- ----------------
Ending Balance -
Cash and Cash Equivalents $ 154,749 $ 82,705 $ 82,705
================ ================ ================
The accompanying notes are an integral part of these
consolidated financial statements.
6
Canadian Rockport Homes International, Inc.
(A Development Stage Company)
STATEMENTS OF CASH FLOWS
- --------------------------------------------------------------------------------
Supplemental Information:
- -------------------------
Non-cash Investing and Financing Activities:
--------------------------------------------
During the first quarter of 2003, the Company issued 1,600 shares of
its common stock in consideration for services rendered in connection
with the Company's public offering. The issued shares were valued at
$8,000. The costs attributed to the issued shares were netted against
the proceeds received.
During the first quarter of 2004, the Company issued 650 shares of its
common stock in consideration for services rendered in connection with
the Company's public offering. The issued shares were valued at
$3,250. The costs attributed to the issued shares were netted against
the proceeds received.
Cash Paid For:
--------------
From Inception
(March 27, 1997)
For the Three Months Ended Through
March 31, 2003 March 31, 2004 March 31, 2004
---------------- ---------------- ----------------
(Unaudited) (Unaudited) (Unaudited)
Interest $ - $ 548 $ 2,553
================ ================ ================
Income Taxes $ - $ - $ -
================ ================ ================
The accompanying notes are an integral part of these
consolidated financial statements.
7
Canadian Rockport Homes International, Inc.
(a Development Stage Company)
NOTES TO FINANCIAL STATEMENTS
Note 1 - Summary of Significant Accounting Policies
- ----------------------------------------------------
Presentation
------------
In the opinion of the Company's management, the accompanying unaudited
consolidated financial statements contain all adjustment (consisting
of normal recurring accruals) necessary to present fairly the
financial position of the Company as of March 31, 2004, and the
results of its operations and cash flows for the three-month periods
ended March 31, 2003 and 2004. The operating results of the Company on
a quarterly basis may not be indicative of operating results for the
full year. Reference should be made to Canadian Rockport Homes
International, Inc.'s (the "Company") Form 10-K for the year ended
December 31, 2003, for additional disclosures including a summary of
the Company's accounting policies, which have not significantly
changed.
Business Activities and Related Risks
-------------------------------------
Canadian Rockport Homes International, Inc was incorporated in
Delaware on January 10, 1996 under the name, Lenz Products, Inc. The
Company changed its name to Canadian Rockport Homes International,
Inc. in early 2001.
The Company is in the development stage as defined in FASB Statement 7
and currently has plans to manufacture and erect low cost concrete
modular buildings. The Company has not paid any dividends and any
dividends which may be paid in the future will depend on the financial
requirements of the Company and other relevant factors.
In February 2001, the Company acquired all of the outstanding shares
of Canadian Rockport Homes, Ltd., ("CRH") a company incorporated in
the Province of British Columbia on March 26, 1997, in exchange for
issuing 11,300,000 of its common stock. For financial reporting
purposes, the acquisition was treated as a reverse acquisition whereby
CRH's operations continue to be reported as if it had actually been
the acquirer. Assets and liabilities continue to be reported at the
Acquiree's historical cost because before the reverse acquisition, the
Company had nominal assets, liabilities and operations.
The Company also formed a subsidiary in 2001 in Chile under the name
Rockport Homes Chile Limitada ("RHCL"). The Company and CRH are the
sole shareholder's of this Chilean company.
In 2002, the Company acquired certain assets of 598546 BC Ltd., which
included 100% of the outstanding shares of Canadian Rockport Trading
Limitada, a Chilean corporation, formerly Maderas Doradas Canadienses,
S.A. ("RT"). At the time of its acquisition, RT had no operations.
During the year, the Company sold all of the assets of RT except for
the acquired building and land on which the Company is building its
Chilean plant and offices.
For ease in administration and to reduce costs, the Company in 2003
decided to dissolve "RHCL" and operate its Chilean operations solely
through RT which owned significantly all of the Company's Chilean
assets prior to this decision being made.
8
Canadian Rockport Homes International, Inc.
(a Development Stage Company)
NOTES TO FINANCIAL STATEMENTS
Principles of consolidation
---------------------------
The accompanying financial statements include the accounts and
transactions of Canadian Rockport Homes International, Inc. and its
wholly owned subsidiaries, Canadian Rockport Homes, Ltd. Rockport
Homes Chile Limitada and Canadian Rockport Trading, Limitada.
Intercompany transactions and balances have been eliminated in
consolidation.
Foreign Currency Translations
-----------------------------
For foreign operations whose functional currency is the local foreign
currency, balance sheet accounts are translated at exchange rates in
effect at the end of the year and income statement accounts are
translated at average exchange rates for the year. Translation gains
and losses are included as a separate component of stockholders'
equity.
Property and Equipment
----------------------
The cost of property and equipment is depreciated over the estimated
useful lives of the related assets that range from 3 to 7 years.
Depreciation is computed on the straight-line method for financial
reporting purposes and for income tax reporting purposes. Depreciation
expense for the three months ended March 31, 2003 and 2004 was
$10,512, and $10,895, respectively.
Intangible Assets
-----------------
Patents are being amortized over their respective remaining lives of
18 years. Amortization expense for March 31, 2003 and 2004 were $133,
and $168, respectively.
Intangible assets consist of the following:
March 31, 2004
Weighted
Gross Net Average
Intangible Accumulated Intangible Life
Assets Amortization Assets (Years)
---------- ------------ ---------- --------
Patents $ 11,563 $ 1,977 $ 9,586 18
March 31, 2003
Weighted
Gross Net Average
Intangible Accumulated Intangible Life
Assets Amortization Assets (Years)
---------- ------------ ---------- --------
Patents $ 11,505 $ 1,302 $ 10,203 18
Estimated amortization expense for each of the next five years ended
March 31, is as follows:
2005 $ 674
2006 674
2007 674
2008 674
2009 674
-------
Total $ 3,370
=======
9
Canadian Rockport Homes International, Inc.
(a Development Stage Company)
NOTES TO FINANCIAL STATEMENTS
Net Loss Per Share
------------------
The Company adopted Statement of Financial Accounting Standards No.
128 that requires the reporting of both basic and diluted earnings
(loss) per share. Basic earnings (loss) per share is computed by
dividing net income (loss) available to common stockholders by the
weighted average number of common shares outstanding for the period.
Diluted earnings (loss) per share reflects the potential dilution that
could occur if securities or other contracts to issue common stock
were exercised or converted into common stock. In accordance with FASB
128, any anti-dilutive effects on net earnings (loss) per share are
excluded.
Issuances Involving Non-cash Consideration
------------------------------------------
All issuances of the Company's stock for non-cash consideration have
been assigned a dollar amount equaling either the market value of the
shares issued or the value of consideration received, whichever is
more readily determinable. The majority of the non-cash consideration
received pertains to services rendered by consultants and others.
Cash and Cash Equivalents
-------------------------
For purposes of the statement of cash flows, the Company considers
cash and cash equivalents to include all stable, highly liquid
investments with maturities of three months or less.
Use of Estimates
----------------
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 and disclosure of contingent assets and liabilities at the
date of the financial statements and the reported amounts of revenues
and expenses during the reporting period. Actual results could differ
from those estimates.
Income Taxes
------------
Provisions for income taxes are based on taxes payable or refundable
for the current year and deferred taxes on temporary differences
between the amount of taxable income and pretax financial income and
between the tax bases of assets and liabilities and their reported
amounts in the financial statements. Deferred tax assets and
liabilities are included in the financial statements at currently
enacted income tax rates applicable to the period in which the
deferred tax assets and liabilities are expected to be realized or
settled as prescribed in FASB Statement No. 109, "Accounting for
Income Taxes". As changes in tax laws or rates are enacted, deferred
tax assets and liabilities are adjusted through the provision for
income taxes.
Fair Value of Financial Instruments
-----------------------------------
Pursuant to SFAS No. 107, "Disclosures About Fair Value of Financial
Instruments", the Company is required to estimate the fair value of
all financial instruments included on its balance sheet as of March
31, 2004. The Company considers the carrying value of such amounts in
the financial statements to approximate their face value.
Note 2 - Accrued Compensation
- ------------------------------
On January 1, 2004, the Company entered into employment, consulting,
and other related contracts with its management and personnel. Under
the terms of these various agreements, the Company is obligated to pay
on a monthly basis approximately $82,000 in compensation. Due to the
Company's current cash flow requirements needed in the construction of
its Chilean facility, monthly compensation currently being paid is
approximately $34,000. The difference of approximately $48,000 a month
is being accrued and will be paid when the Company has sufficient
funds available. The terms of the contracts are for two years.
10
Canadian Rockport Homes International, Inc.
-------------------------------------------
Item 2. Management's Discussion and Analysis of Financial Condition and Results
- --------------------------------------------------------------------------------
of Operations
- -------------
Results of Operations for the Three Months Ended March 31, 2004 and 2003
- ------------------------------------------------------------------------
From the Company's inception, it has been in the development stage and has not
commenced principal operations. During 2004, the Company is continuing the
construction of its plant in Chile.
General and administration costs were $473,463 and $250,171, respectively, for
the three-month periods ended March 31, 2004 and 2003.
Of the $473,463 incurred during the first quarter of 2004, $75,307 was incurred
in the Company's Chilean operations. The remaining $398,156 pertains to costs
incurred in operating its Canadian offices and general administration.
Of the $250,171 incurred during 2003, $88,158 was incurred in the Company's
Chilean operations. The remaining $162,013 pertains to costs incurred in
operating its Canadian offices and general administration.
The major expenses incurred in Chile during 2004 consisted of rent amounting to
$3,756, salaries and related expenses totaling $36,601, professional fees of
$4,524, office expense of $7,234, depreciation of $2,602, and telephone and
utilities of $1,982.
Other general expenses incurred in 2004 including operating the Company's
Canadian offices consists of compensation and related costs of $281,719 (of
which $145,147 has been accrued), professional fees of $19,408, depreciation
expense of $8,293, rent of $18,602, telephone of $5,703, office expense of
$5,587, and travel expenses of $23,498.
The major expenses incurred in Chile during 2003 consisted of rent amounting to
$15,862, salaries and related expenses totaling $33,201, professional fees of
$2,986, and costs relating to its new facilities totaling $11,003.
Other general expenses incurred in 2003 including operating the Company's
Canadian offices consists of salaries and related payroll costs of $69,992,
consulting fees of $16,137, advertising and promotion of $20,767, depreciation
expense of $10,372, rent of $16,934, office expense of $6,295, telephone of
$4,701 and travel expenses of $3,378.
Liquidity and Capital Resources
- -------------------------------
Cash and cash equivalents as of March 31, 2004 and 2003 were $82,705 and
$154,749, respectively.
During the first quarter of 2004, the Company received a total of $440,992
through the sale of 88,105 shares of the Company's common stock. During the same
period, the Company paid $304,863 in its operations, purchased equipment for its
Canadian offices totaling $1,839, paid $157,096 towards the construction of the
Chilean plant, paid $33,812 in costs associated with its public offering, and
made principal payments on its equipment leases totaling $583.
During the first quarter of 2003, the Company moved from its former leased
facility in Chile and commenced construction of its new plant on the land
previously acquired in that Country. During this three-month period, the Company
received a total of $315,774 through the sale of 63,024 shares of the Company's
common stock, $2,917 in commissions earned on a timber sale and $111 in
interest. During the same period, the Company paid $221,098 in its operations,
purchased equipment for its Canadian offices totaling $5,753, paid $41,303 on
the construction of its modular display home, paid $74,121 in connection with
construction of its new plant, and paid $17,932 in costs associated with its
public offering.
11
Item 3. Quantitative and Qualitative Disclosures About Market Risk
- -------------------------------------------------------------------
Canadian Rockport Homes International, Inc. may be subject to market risk in the
form of interest rate risk and foreign currency risk. Canadian Rockport Homes
International, Inc. is a development stage company with limited operations to
date, and neither interest rate nor foreign currency has had a material impact
on such operations.
The company's exposure to interest rate changes primarily relate to long-term
debt used to fund future property acquisitions. Management's objective is to
limit any impact of interest rate changes and may include any borrowing to be
negotiated at fixed rates. Although interest rate changes have had no material
affect on operations to date, management must continually evaluate such rates as
manufacturing operations commence, corporate profitability is achieved, and
expansion is being considered. The company may also establish lines of credit
through traditional banking venues to insure liquidity during future periods of
growth, and may consider fixed or variable rate bank lines consistent with any
fluctuation of interest rates at the time of such growth.
The company's exposure to foreign currency exchange requires continuing
management attention to the stability of the countries in which operations may
be planned, as well as trade relations between the selected country(s) and
Canada. Both trade relations and stability as pursuant to planned operations in
Chile are currently favorable. Canadian Rockport Homes International, Inc. will
continue to comprehensively evaluate conditions in countries where operations
are in place and where future operations are planned, and will take any measures
feasible at the time to minimize foreign currency risk. Such measures may
include, but are not limited to; a reduction in operations or relocating a
portion of operations to a more favorable environment.
Item 4. Controls and Procedures
- --------------------------------
Canadian Rockport Homes International, Inc. management, including the Principal
Executive Officer and Principal Financial Officer, have conducted an evaluation
of the effectiveness of disclosure controls and procedures pursuant to Exchange
Act Rule 13a-14(c) and 15d-14(c). This evaluation was conducted within 90 days
prior to the filing of this report. Based on that evaluation, the Principal
Executive Officer and Principal Financial Officer concluded that the disclosure
controls and procedures are effective in ensuring that all material information
required to be filed in this quarterly report has been made known to them in a
timely fashion. There have been no significant changes in internal controls or
in other factors that could significantly affect internal controls subsequent to
the date the Principal Executive Officer and Principal Financial Officer
completed their evaluation.
12
Canadian Rockport Homes International, Inc.
-------------------------------------------
Part II. OTHER INFORMATION
- ---------------------------
Item 1. Legal Proceedings
- ---------------------------
None
Item 2. Change in Securities and Use of Proceeds
- --------------------------------------------------
During the three-months ended March 31, 2004, the Company received a
total of $440,992 through the sale of 88,105 shares of the Company's
common stock. During the same period it issued 650 shares of its
common stock for services rendered in connection with its public
offering, and 1,175 shares for services rendered in connection with
the preparation of the Company's business plan. All shares issued for
non-monetary consideration were valued at $5.00 per share.
During the period from April 1, 2004 through May 26, 2004, the company
issued 36,225 of its common stock in exchange for approximately
$181,000 and issued 1,954 shares of its common stock for services
valued at $9,770.
Item 3. Defaults Upon Senior Securities
- -----------------------------------------
None
Item 4. Submission of Matters to a Vote of Security Holders
- -------------------------------------------------------------
Not applicable
Item 5. Other Information
- ---------------------------
None
Item 6. Exhibits and Reports on Form 8-K
- ------------------------------------------
Exhibits
--------
Canadian Rockport Homes International, Inc. includes herewith the
following:
Number Description
------ -----------
31.1 Certification of Principal Executive Officer pursuant to
Section 302
31.2 Certification of Principal Accounting Officer pursuant to
Section 302
32.1 Certification of Principal Executive Officer pursuant to
Section 1350
32.2 Certification of Principal Accounting Officer pursuant to
Section 1350
The following documents are incorporated by reference, as noted in each
description, to this report:
Number Description
------ -----------
3 (a) Articles of Incorporation of the registrant (filed as Exhibit
3.1 to the registrant's Registration Statement on Form S-1
(Number 333-62786) as amended, filed October 30, 2001), and
incorporated herein by reference.
3 (b) Bylaws and Amendments of the registrant (filed as Exhibit 3.5
to the registrant's Registration Statement on Form S-1 (Number
333-62786) as amended, filed October 30, 2001), and
incorporated herein by reference.
Reports on Form 8-K
-------------------
No filings were made during the period covered by this report.
13
Canadian Rockport Homes International, Inc.
-------------------------------------------
SIGNATURES
- ----------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Canadian Rockport Homes International, Inc.
-------------------------------------------
Registrant
By: \s\ William R. Malone, CEO
-----------------------------------
William R. Malone, CEO
Date: July 2, 2004
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed below by the following persons on
behalf of the registrant and in the capacities and on the dates indicated.
Date: July 2, 2004 By: \s\ William R. Malone, President
------------------------------------
William R. Malone, President and
Director
Date: July 2, 2004 By: \s\ Carol Laeser Treasurer
------------------------------------
Carol Laeser, Treasurer and Director
Date: July 2, 2004 By: \s\ Harry Gordon, Secretary
------------------------------------
Harry Gordon, Secretary And Director
Date: July 2, 2004 By: \s\ Nelson Riis, Director
------------------------------------
Nelson Riis, Director
14