-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QeGqXfOZiqtDvT9PmJMRwlNludse6r5ZaTIpSfM3YchrxQtz2oBinwSLZ3QeOhUf yaU4wR745ymKxShXJzYHMA== 0001092306-03-000360.txt : 20030819 0001092306-03-000360.hdr.sgml : 20030819 20030819173039 ACCESSION NUMBER: 0001092306-03-000360 CONFORMED SUBMISSION TYPE: 10QSB PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20030630 FILED AS OF DATE: 20030819 FILER: COMPANY DATA: COMPANY CONFORMED NAME: 21ST CENTURY TECHNOLOGIES INC CENTRAL INDEX KEY: 0001090870 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 481110566 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10QSB SEC ACT: 1934 Act SEC FILE NUMBER: 000-29209 FILM NUMBER: 03856608 BUSINESS ADDRESS: STREET 1: 2700 W. SAHARA BOULEVARD STREET 2: SUITE 440 CITY: LAS VEGAS STATE: NV ZIP: 89102 BUSINESS PHONE: 702-248-1588 MAIL ADDRESS: STREET 1: 2700 W. SAHARA BOULEVARD STREET 2: SUITE 440 CITY: LAS VEGAS STATE: NV ZIP: 89102 10QSB 1 form10qsb.txt FORM 10-QSB FOR PERIOD ENDING 06/30/2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-QSB (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2003 [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from _________________ to _________________ Commission file number: 000-29209 21ST CENTURY TECHNOLOGIES, INC. _________________________________________________________________ (Exact name of small business issuer as specified in its charter) Nevada 48-1110566 ____________________________________ _________________________________ (State or other jurisdiction (IRS Employer Identification No.) of incorporation or organization) 2700 W. Sahara Blvd., Suite 440, Las Vegas, NV 89102 ________________________________________________________________ (Address of principal executive offices) (702) 248-1588 ___________________________ (Issuer's telephone number) ________________________________________________________________________________ (Former name, former address and former fiscal year, if changed since last report) APPLICABLE ONLY TO CORPORATE ISSUERS State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 172,905,360 as of August 1, 2003. Transitional Small Business Disclosure Format (Check one): Yes [ ] No [X] ITEM 1. FINANCIAL STATEMENTS. INDEPENDENT ACCOUNTANTS' REPORT Board of Directors and Stockholders 21st Century Technologies, Inc. and subsidiaries Haltom City, Texas We have reviewed the accompanying consolidated balance sheet of 21st Century Technologies, Inc. and subsidiaries as of June 30, 2003 and the related consolidated statements of operations and cash flows for the six months and three months then ended. These consolidated financial statements are the responsibility of the Company's management. We conducted our review in accordance with standards established by the American Institute of Certified Public Accountants. A review of interim financial information consists principally of applying analytical procedures to financial data and making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance with generally accepted auditing standards, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to the accompanying consolidated financial statements for them to be in conformity with accounting principles generally accepted in the United States of America. /s/ Turner, Stone & Company, L.L.P. Certified Public Accountants Dallas, Texas August 19, 2003
21st Century Technologies, Inc. and Subsidiaries Consolidated Balance Sheet (Unaudited) June 30, 2003 June 30, 2002 _____________ _____________ ASSETS CURRENT ASSETS: Cash and cash equivalents $ 1,010 $ 15,810 Accounts Receivable, Net 56,083 477,492 Stock Subscription Receivable 126,000 0 Inventories 458,617 857,061 Prepaid Expenses 58,500 0 Advances to Stockholders 194,593 200,883 ____________ ____________ Total Current Assets 894,793 1,551,246 Property, Plant, and Equipment, Net 149,968 1,537,538 Other Assets, Net 519,548 658,532 ____________ ____________ Total Assets $ 1,564,309 $ 3,747,346 ============ ============ LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts Payable-trade $ 206,354 $ 113,163 Accounts Payable-other 510,779 581,188 ____________ ____________ Total Current Liabilities 717,133 694,351 OTHER LIABILITIES: Advances from Stockholders 319,542 262,847 Notes Payable 91,619 540,866 ____________ ____________ Total Other Liabilities 411,161 803,713 ____________ ____________ TOTAL LIABILITIES: 1,128,294 1,498,064 MINORITY INTEREST-MMC 0 3,158 STOCKHOLDER' EQUITY: Preferred Stock, issued and outstanding, 1,200,000 shares and 0 shares at $.001 par value at June 30, 2003 and 2002 1,200 0 Common Stock, issued and outstanding, 144,792,761 and 1,833,145 at $.001 par value at June 30, 2003 & 2002 respectively 144,793 1,833 Paid-in Capital 14,657,060 13,889,034 Retained Earnings (Deficit) (14,367,038) (11,265,299) Treasury Stock 0 (376,444) Stock Subsriptions 0 (3,000) ____________ ____________ Total Stockholders' Equity 436,015 2,246,124 ____________ ____________ Total Liabilities and Stockholders' Equity $ 1,564,309 $ 3,747,346 ============ ============
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
21st Century Technologies, Inc. and Subsidiaries Consolidated Statements of Operations (Unaudited) 3 Mos. Ended 3 Mos. Ended 6 mos. ended 6 mos. ended June 30, 2003 June 30, 2002 June 30, 2003 June 30, 2002 _____________ _____________ _____________ _____________ Revenues, Net $ 154,645 $ 479,710 $ 326,923 $1,208,468 Cost of Revenues 97,999 276,739 257,833 566,646 Gross Profit 56,645 202,971 69,090 641,822 General and administrative expenses 380,317 137,439 505,173 292,402 Advertising & Selling 40,541 26,046 45,989 60,639 Compensation Costs 103,450 74,788 185,541 199,402 Depreciation and Amortization 55,209 70,004 110,966 152,127 _________ _________ _________ __________ Net Income (Loss) $(511,066) $(105,306) $(778,579) $ (62,748) Other Income 112,590 0 112,590 0 Gain on Sale of Assets 0 324,739 0 324,739 Loss on Sale of Assets (210,930) 0 (210,930) 0 Interest Expense (31,983) 0 (31,983) 0 Estimated Income Taxes 0 0 0 0 _________ _________ _________ __________ NET INCOME (LOSS) $(641,495) $ 219,433 $(908,902) $ 261,991 ========= ========= ========= ========== EARNINGS (LOSS) PER COMMON SHARE: Basic & Diluted $ 0.00 $ 0.00 $ 0.00 $ 0.00
See Notes to Consolidated Financial Statements
21st CENTURY TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2003 AND 2002 2003 2002 ________ ________ Cash flows from operating activities: Net income (loss) (908,902) 261,991 Adjustments to reconcile net loss to net cash used in operating activities: Depreciation 61,971 79,854 Amortization 39,437 72,273 Common stock issued for services 228,039 37,500 Gain on disposition of assets (324,739) Changes in operating assets and liabilities Accounts receivable, trade 87,341 (91,587) Inventories 43,089 (32,849) Prepaid expenses 68,950 25,093 Other assets 12,803 (172,706) Accounts payable, trade 61,442 (711,232) Accrued expenses (269,754) 582,416 ________________________ 333,318 (535,977) ________________________ Cash used in operations (575,584) (273,986) ________________________ Cash flows from investing activities: Purchase of property and equipment - Proceeds from sale of assets 750,000 - Repayment of stockholder advances 3,375 Advances to stockholders (85,377) 3,679 ________________________ Cash used in investing activities 667,998 3,679 ________________________ Cash flows from financing activities: Proceeds from notes payable - 200,000 Repayment of notes payable (6,566) (84,269) Advances from stockholders 115,400 162,747 Repayment of stockholder advances (231,238) Issuance of common stock 31,000 418 ________________________ Cash provided by financing activities (91,404) 278,896 ________________________ Net increase (decrease) in cash 1,010 8,589 Cash at beginning of period - 7,221 ________________________ Cash at end of period 1,010 15,810 ======================== The accompanying notes are an integral part of the consolidated financial statements.
21ST CENTURY TECHNOLOGIES, INC. AND CONSOLIDATED SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS AND THREE MONTHS ENDED JUNE 30, 2003 AND 2002 (UNAUDITED) NOTE 1: ORGANIZATION AND BUSINESS ACTIVITIES 21st Century Technologies, Inc. was incorporated under the laws of the State of Delaware on May 15, 1967 as Satcom Corporation. On November 6, 1991, the Company changed its name to Hughes Pharmaceutical Corporation. Subsequent to 1991, the Company changed its name from Hughes Pharmaceutical Corporation to First National Holding Corporation (FNHC) Delaware. The Company became public in 1985 through a merger with International Fluidics Control, Inc. (formerly Sensory Systems, Inc., Training With The Pros, Inc., and/or M-H Studios, Inc.). International Fluidics Control, Inc. successfully completed a public offering of its securities in 1969 under Regulation A of the Securities Act of 1933. As of December 31, 1985, the Company had liquidated all business operations and began the search for a suitable merger or acquisition candidate. As a result of this action, the Board of Directors approved a quasi-reorganization for accounting purposes, effective January 1, 1986, whereby all accumulated deficits in shareholders' equity were offset against additional paid-in capital and common stock balance sheet accounts to the extent of reducing these accounts to equal the par value of the issued and outstanding shares of common stock. During the third quarter of 1994, in conjunction with the execution of a letter of intent to acquire Innovative Weaponry, Inc. (a New Mexico corporation), the Company consummated a plan of merger between FNHC Nevada and FNHC Delaware whereby the Nevada Corporation was the survivor (see below) and changed its corporate name to Innovative Weaponry, Inc. to better reflect its future actions and pending relationship with the acquisition target. On September 15, 1997, the Board of Directors approved a name change to 21st Century Technologies, Inc. Innovative Weaponry, Inc. - New Mexico was incorporated on June 22, 1988 under the laws of the State of New Mexico. The Company was formed for the development and sale of specialized firearms, firearm systems and related equipment. On September 14, 1992, Innovative Weaponry, Inc. filed a petition for relief under Chapter 11 of the Federal Bankruptcy Laws in the United States Bankruptcy Court of the District of New Mexico. Under Chapter 11, certain claims are stayed while the Debtor continues business operations as Debtor-in-Possession. On August 19, 1994, IWI-NV (now 21st Century Technologies, Inc.) and IWI-NM entered into a letter of intent whereby IWI-NV would use its unregistered, restricted common stock and cash to satisfy certain obligations of IWI-NM in settlement of IWI-NM's bankruptcy action. On February 1, 1995, the U. S. Bankruptcy Court of the District of New Mexico confirmed the IWI-NM's plan of reorganization. The plan became effective 30 days after its confirmation. IWI-NM became a wholly owned subsidiary of Innovative Weaponry, Inc. (IWI-NV) (formerly First National Holding Corporation) (FNHC Nevada) (now known as 21st Century Technologies, Inc.), a publicly owned company. 21ST CENTURY TECHNOLOGIES, INC. AND CONSOLIDATED SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS AND THREE MONTHS ENDED JUNE 30, 2003 AND 2002 (UNAUDITED) NOTE 2: PREPARATION OF INTERIM FINANCIAL STATEMENTS The accompanying unaudited condensed consolidated financial statements as of June 30, 2003 and for the six months and three months periods ended June 30, 2003 and 2002, have been prepared based upon Securities and Exchange Commission ("SEC") rules that permit reduced disclosure for interim periods and include, in the opinion of management, all adjustments (consisting of normal recurring adjustments and reclassifications) necessary to present fairly the financial position, results of operations and cash flows as of June 30, 2003 and for all periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("USA") have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto incorporated by reference in the Company's Form 10-KSB for the year ended December 31, 2002. The results of operations for the six month and three month periods ended June 30, 2003 and 2002 are not necessarily indicative of the operating results to be expected for the full year. Certain amounts in prior periods' financial statements and related notes have been reclassified to conform to the 2003 presentation. The condensed consolidated financial statements and accompanying notes are presented in conformity with accounting principles generally accepted in the USA ("USGAAP") which requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. NOTE 3: STOCKHOLDERS' EQUITY The total number of all classes of authorized capital stock is 350,000,000 shares, 300,000,000 of which are Common Stock, $0.001 par value per share and 50,000,000 are Preferred Stock, $0.001 par value per share. As of June 30, 2003, there are 144,792,761 shares of common stock issued and outstanding and 1,200,000 shares of preferred stock issued and outstanding. NOTE 4: RISKS AND UNCERTAINTIES The Company operates in highly specialized industries. There are only four companies worldwide who manufacture and sell night sights using tritium. The Company ranks number three out of four. The gun sight industry is highly dependent on major firearms manufacturers as well as consumer and governmental demand for weapons. World conditions and economies can affect the future sales of this product. 21ST CENTURY TECHNOLOGIES, INC. AND CONSOLIDATED SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS AND THREE MONTHS ENDED JUNE 30, 2003 AND 2002 (UNAUDITED) The Company's magnetic and hydraulic-magnetic technologies have been tested and approved by the American Bureau of Shipping and are being used by Louisiana Emergency Response Training facilities in Holden, LA; Texas A&M Emergency Services Training Institute in College Station, TX; and Department of Transportation Technology Center Emergency Response Training facility in Pueblo, CO. Demand for these products from governmental and industrial sources is largely estimated and while the Company has studied various markets, no assurance can be given that these products can be successfully marketed. These products have been marketed outside the United States. In future marketing, the Company may be subject to foreign currency fluctuation risks. NOTE 5: SALE OF ASSETS In June 2003, the Company completed the sale of the building located in Haltom City, Texas in which the Company's manufacturing and administrative facilities were located. The Company realized a loss of $210,930 on the disposal. In connection with the disposal, the Company entered into a lease agreement with the buyer which allows the Company to continue using the facilities for nine months through March 2004 for the sum of $1. A fair rental value of $6,000 per month has been assigned to the lease agreement with the unexpired portion of the rent reflected in the accompanying consolidated financial statements as a prepaid expense. NOTE 6: STOCK SUBSCRIPTION RECEIVABLE On June 26, 2003, the Company sold 4,000,000 shares of its common stock for $126,000.00. Because the proceeds from this transaction were received and deposited by the Company on July 22, 2003, prior to the filing of Form 10-QSB for this quarterly period, the stock subscription receivable is reflected in the accompanying consolidated financial statements as a current asset rather than as a reduction of stockholders' equity. NOTE 7: TREASURY STOCK During the fourth quarter of 2002, the Company determined that the promissory note in the amount of $112,590.43 due form Mike Gatchell, a former officer of Trident, was doubtful as to collectibility. Accordingly, the full amount of the note was transferred to a reserve for doubtful notes receivable. During the three months ended June 30, 2003, the debt was settled by the return of and canceling of 2,429,157 common stock shares owned by Mr. Gatchell. The reduction of the reserve account is shown as other income on the statement of operations. ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION. DESCRIPTION OF SUBSIDIARIES. The Company had 7 wholly owned subsidiaries at the end of the first quarter of 2003. The three subsidiaries with active operations include: 1. Innovative Weaponry Inc. Innovative Weaponry is a manufacturer of tritium products available in night sights and other "night seeing" sights in the weapons industry. Law enforcement, military and private gun owners currently purchase tritium-based night sights with additional applications currently in the process of research and development. Innovative Weaponry products feature tritium sights with the front sight designed to be brighter than the rear sight which enhances low light sighting. Innovative Weaponry products have been sold to original equipment manufacturers, certain members of the United States military establishment (including two Navy Seal Teams, the Customs Service and the DEA) and numerous retail outlets for purchase by the general public. In addition, numerous law enforcement agencies at the state and local level on a nationwide basis are customers for Innovative Weaponry's night sights, including major police departments, such as the Los Angeles Police Department. Innovative Weaponry night sight products are sold under the name "PT Night Sights"(TM), a federally-trademark protected name. Available in a variety of colors, the product consists basically of a 3-dot night sight using the radioactive isotope tritium encapsulated in phosphor-lined glass. Beta particles emitted by the tritium excites the phosphors, causing a substantial glow, providing sight pictures in low light and no light situations. Innovative Weaponry has also designed and manufactured some prototype sights using fiber optic material, utilizing ultra-violet rays and transmits them through the glass fibers, giving the shooter a phenomenal daytime sight picture. 2. Trident Technologies Inc. Trident Technologies Inc. manufactures and distributes SeaPatch and ProMag magnetic-powered leak and rupture sealing devices. Designed for application on ferrous hulls of ships, railroad tank cars, storage tanks, pipelines or other containers. Powered by high technology composite permanent magnets, SeaPatch and ProMag operate in similar ways, with some structural differences reflecting either marine or dry land applications. Using a unique "cam-on/cam-off" device, these powerful yet easy to apply leak sealing systems have a broad range of applications in both disaster situations and environmental hazmat protection. 3. Miniature Machine Corporation, Inc. Acquired in March, 2001, Miniature Machine Corporation, Inc. manufactures and distributes high-quality adjustable open gun sights. Manufactured with watch-like precision, Miniature Machine sights can be enhanced by application of tritium-powered sighting materials, such as employed in PT Night Sights (above described). These upscale sights are marketed mainly to serious hobbyists, but interest is being displayed by law enforcement agencies. 4. Hallmark Human Resources, Inc. Operations of this subsidiary have been discontinued. 5. Griffon, USA, Inc. Operations of this subsidiary have been discontinued. 6. Trade Partners International Operations of this subsidiary have been discontinued. 7. 2826 Elm Street, Inc. Assets of this corporation were sold in the second quarter of 2002, but 21st Century Technologies, Inc. still retains the coporate shell which had no activity during the quarter. RESULTS OF OPERATIONS INCOME STATEMENT For the three month period ended June 30, 2003, the Company experienced a loss of $641,495 as compared to a gain of $219,433 for the comparable period of 2002. The gain for the three months ended June 30, 2002 included revenue from the sale of 2826 Elm St., Inc. of $324,729. The loss from normal operations in the three months ended June 30, 2003 was compounded by the loss realized on the sale of the Haltom City facility of $210,930 (see Footnote 5: Sale of Assets). Revenue decreased from $479,710 in the three month period ended June 30, 2002 to $154,645 in the three month period ended June 30, 2003. BALANCE SHEET Total assets decreased from $3,747,346 to $1,564,309 respectively in the second quarter of 2002 and 2003. This reflects management's efforts to collect receiveables and reduce inventory stocks. The decrease also reflects the sale of the Haltom City facility which occurred in the 2nd quarter of 2003 and the 2002 year-end write off and reserving of notes and accounts receiveables and licenses deemed uncollectible or unuseful. Accounts receiveable decreased $421,409 or 88% from $477,492 on June 30, 2002 to $56,083 on June 30, 2003. Inventory decreased $398,444 or 46% from $857,061 to $458,617 during the same respective periods. Total Liabilities were reduced from $1,498,064 on June 30, 2002 to $1,128,294 on June 30 2003. Notes payable decreased $449,247 or 83% from $540,866 to $91,619 for the respective periods primarily due to payoff from proceeds of the sale of the Haltom City facility. FACTORS AFFECTING LIQUIDITY AND CAPITAL RESOURCES The Company is dependent upon cash on hand, revenues from the sales of its products, and its ability to raise cash through the sale of its shares. At present, the Company needs cash for monthly operating expenses in excess of its historic sales revenues. The Company will continue to require additional capital funding until sales of current products increase and sales of products under Trident is fully established. The Company intends to finance further growth through both debt and equity offerings, which will further dilute current shareholders' interests. PART II - OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS. 1) Patricia Wilson Litigation-Suit by former officer, director and shareholder against the company and individual directors for breach of employment contract, wrongful termination, negligent investigation, breach of fiduciary duty and defamation. This suit is pending in the 153rd District court of Tarrant County, Texas in Cause No. 153-189311-01. It appears at this time that Plaintiff cannot legally prevail on many of her claims because they do not belong to her individually. As to the breach of contract claim, we believe that Plaintiff will be unable to establish a legally enforceable contract. 2) Bike Doctor - In the year 2000 21st Century agreed to purchase the assets of Bike Doctor, a manufacturer of bicycle tire sealant, for $150,000. 21st Century made an initial payment of $5000.00 but failed to pay the balance and has now indicated that it does not intend to go through with the deal. Suit was subsequently filed in March 2002 in U.S. District Court for the State of California, Central Division, Cause No. CV-0201927 for the balance of the contract amount ($145,000.00) and punitive damages. This suit has recently been filed and is in the discovery phase. ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS None. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. SUBMISSION OF MATTERS UNTO A VOTE OF SECURITY MATTERS None. ITEM 5. OTHER INFORMATION On April 21, 2003 a Form 8-K was submitted to the Securities and Exchange Commission reporting the removal of Fred Rausch and Dave Gregor as Directors of the corporation. On June 18, 2003 a Form 8-K was submitted to the Securities and Exchange Commission to clarify and accounting matter. On June 25, 2003 a Form S-8 was submitted to the Securities and Exchange Commission registering 5,000,000 shares of stock to be issued to a consultant. ITEM 6(A). EXHIBITS Exhibit # Description 99.1 Certification-CEO 99.2 Certification-CFO ITEM 6(B) REPORTS ON FORM 8-k. Subsequent to the quarter end on August 7, 2003 a Form 8-K was submitted to the Securities and Exchange Commission reporting the change of address for the executive offices. 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. Additionally, the undersigned hereby certify the correctness and completeness, in all material respects, of the information contained in this quarterly report and their responsibility for the Company's internal controls and the periodic evaluation of such internal controls. 21ST CENTURY TECHNOLOGIES, INC. _______________________________ (Registrant) Date 8/19/03 /s/ ARLAND D. DUNN _______ _________________________________ Arland D. Dunn Chief Executive Officer/President Date 8/19/03 /s/ ALVIN L. DAHL _______ _________________________________ Alvin L. Dahl Chief Financial Officer EX-31 3 ex31-1.txt EXHIBIT 31.1 - SECTION 302 CERTIFICATION - CEO EXHIBIT 31.1 CERTIFICATIONS I, Arland D. Dunn, certify that: 1. I have reviewed this Form 10-QSB of 21st Century Technologies, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15-(e)) for the registrant and have: a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and c) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: August 19, 2003 /s/ ARLAND D. DUNN ___________________________________ Arland D. Dunn Chief Executive Officer/President EX-31 4 ex31-2.txt EXHIBIT 31.2 - SECTION 302 CERTIFICATION - CFO EXHIBIT 31.2 CERTIFICATIONS I, Alvin L. Dahl, certify that: 1. I have reviewed this Form 10-QSB of 21st Century Technologies, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15-(e)) for the registrant and have: a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and c) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: August 19, 2003 /s/ ALVIN L. DAHL ___________________________________ Alvin L. Dahl Chief Financial Officer EX-32 5 ex32-1.txt EXHIBIT 32.1 - SECTION 906 CERTIFICATION - CEO EXHIBIT 32.1 SECTION 1350 CERTIFICATIONS CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the quarterly report of 21st Century Technologies, Inc. (the "Company") on Form 10-QSB for the period ended June 30, 2003 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Arland D. Dunn, Chief Executive Officer/President of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that based on my knowledge: 1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and 2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Date: August 19, 2003 /s/ ARLAND D. DUNN ______________________________________ Arland D. Dunn Chief Executive Officer/President A SIGNED ORIGINAL OF THIS WRITTEN STATEMENT REQUIRED BY SECTION 906, OR OTHER DOCUMENT AUTHENTICATING, ACKNOWLEDGING, OR OTHERWISE ADOPTING THE SIGNATURE THAT APPEARS IN TYPED FORM WITHIN THE ELECTRONIC VERSION OF THIS WRITTEN STATEMENT REQUIRED BY SECTION 906, HAS BEEN PROVIDED TO 21st CENTURY TECHNOLOGIES, INC. AND WILL BE RETAINED BY 21st CENTURY TECHNOLOGIES, INC. AND FURNISHED TO THE SECURITIES AND EXCHANGE COMMISSION OR ITS STAFF UPON REQUEST. EX-32 6 ex32-2.txt EXHIBIT 32.2 - SECTION 906 CERTIFICATION - CFO EXHIBIT 32.2 SECTION 1350 CERTIFICATIONS CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the quarterly report of 21st Century Technologies, Inc. (the "Company") on Form 10-QSB for the period ended June 30, 2003 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Alvin L. Dahl, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that based on my knowledge: 1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and 2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Date: August 19, 2003 /s/ ALVIN L. DAHL ______________________________________ Alvin L. Dahl Chief Financial Officer A SIGNED ORIGINAL OF THIS WRITTEN STATEMENT REQUIRED BY SECTION 906, OR OTHER DOCUMENT AUTHENTICATING, ACKNOWLEDGING, OR OTHERWISE ADOPTING THE SIGNATURE THAT APPEARS IN TYPED FORM WITHIN THE ELECTRONIC VERSION OF THIS WRITTEN STATEMENT REQUIRED BY SECTION 906, HAS BEEN PROVIDED TO 21st CENTURY TECHNOLOGIES, INC. AND WILL BE RETAINED BY 21st CENTURY TECHNOLOGIES, INC. AND FURNISHED TO THE SECURITIES AND EXCHANGE COMMISSION OR ITS STAFF UPON REQUEST. -----END PRIVACY-ENHANCED MESSAGE-----