8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                       ----------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

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

         Date of Report (Date of earliest event reported): July 12, 2004

                                    PPOL,INC.
             (Exact name of registrant as specified in its charter)

      CALIFORNIA                   000-50065                 95-4436774
     (State or other           (Commission File           (I.R.S. Employer
     jurisdiction of                Number)            Identification Number)
      organization)

            1 City Boulevard West, Suite 870                   92868
                  Orange, California                         (Zip Code)
        (Address of principal executive offices)

       Registrant's telephone number, including area code: (714) 221-7250

ITEM 5.           OTHER EVENTS AND REGULATION FD DISCLOSURE

         As noted in the press release as attached at exhibit #99.1, PPOL, Inc.
announced today the addition of new directors to its board.

                                      * * *

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Dated:  July 12, 2004

                                     PPOL, Inc.

                                     By: /s/ Toshiaki Shimojo
                                         ---------------------------------
                                         Toshiaki Shimojo
                                         Secretary







                                  EXHIBIT INDEX

                   Exhibit # 99.1 - PPOL, Inc. Press Release:
                        PPOL EXPANDS BOARD OF DIRECTORS;
                    MAJORITY INDEPENDENT BOARD MEMBERS ADDED

EX-99.1

Exhibit # 99.1

PPOL, Inc.

Investor Relations Contacts:
Ina McGuinness/Zachary Bryant
zbryant@lhai.com
Lippert/Heilshorn & Associates
(310) 691-7100

FOR IMMEDIATE RELEASE

                        PPOL EXPANDS BOARD OF DIRECTORS;

                    MAJORITY INDEPENDENT BOARD MEMBERS ADDED

ORANGE, CALIF. (JULY 12, 2004) - PPOL, Inc. (OTCBB: PPLC) today announced the
addition of Robert Brasch, 66, Naota Hamaguchi, 44, Lowell Hattori, 66, and
Yoshikazu Ohashi, 63, to the Board of Directors of PPOL, Inc. These additions
bring the total number of directors to seven, with a four-member independent
majority. This is an important move that aligns the Company's corporate
governance practices into compliance with national stock exchange guidelines and
in general conforms the Board to best corporate governance practices.

PPOL'S BOARD OF DIRECTORS
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Mr. Robert Brasch has over 30 years of business and banking experience. He began
his career in banking and in 1983 became the founding president and CEO of World
Trade Bank. In 1987 Mr. Brasch founded Pacific Partners, Inc. where he continues
today as its President to identify and develop new business opportunities for
Asian companies in the United States and for American companies in Asia,
particularly focusing on strategic alliances between Japanese and American
companies. Mr Brasch is a graduate of Columbia University and is fluent in
English, German and Japanese.







Mr. Naota Hamaguchi is Founder, President and CEO of JCI, an international
consulting firm with offices in Tokyo, Japan and Dallas Texas, specializing in
assisting companies conduct business, primarily in Japan and the U.S., and
startups expanding their business on a global business. He has also assisted 15
startups go public in the US and Japan. Prior to forming JCI in July, 1992, he
was associated with Price Waterhouse for two years and KPMG Peat Marwick for
eight years in Dallas, Texas where he assisted Japanese companies doing business
in the US. He serves as Board member on various non-profit organizations
dedicated to promoting business and friendship between the US and Japan. Mr.
Hamaguchi received his Masters degree from the University of Texas in Management
and Administrative Sciences and his BBS from Soka University.

Mr. Lowell Hattori is the Founder and Principle of Hattori & Associates which
provides international trade and business consultation to firms seeking
diversification into overseas markets. Mr. Hattori is a CPA with in depth
knowledge in financial, planning and operational matters gained in his public
accounting and private industry experiences. Mr. Hattori led Fortin Industries,
Inc. into the U.K, France and Tokyo after which Westinghouse Electric
Corporation acquired the company due to its success. Mr. Hattori was also a
Director of the Japanese Practice Unit of Price Waterhouse where his main
function was business development of Japanese companies in the United States.
Mr. Hattori earned an MBA from UCLA and holds a BS degree from Widener
University.

Dr. Yoshikazu Ohashi has been with Cognex Corporation, the worlds leading
supplier of machine vision systems, or computers that can "see" since 1992. He
currently serves as Advisor to Cognex's Japanese subsidiary. Previously, he was
Marketing Manager, and was involved in global marketing covering Japan, US,
Europe and Asia. Prior to joining Cognex, Dr. Ohashi held various positions as a
research scientist and educator at prestigious organizations such as Arco Oil
and Gas, University of Pennsylvania, NASA and Carnegie Institution of
Washington. He obtained his Ph.D. from Harvard University in Earth and Planetary
Sciences. His MS and BS are from Tokyo University.


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"We are pleased with the quality of independent board members that have joined
the Company at this important period as we begin execution of our new growth
strategy and prepare to launch our first partnered technology in Japan," said
Nobuo Takada, chairman and chief executive officer. "Messrs. Brasch, Hamaguchi,
Hattori, and Ohashi, bring significant business experience to PPOL and their
support will be key to our future growth."

ABOUT PPOL
- ----------
PPOL, Inc. is a California-based holding company whose primary asset is AJOL of
Tokyo, Japan. AJOL actively promotes the interactions of the members of
organization, Acube, which is sponsored by AJOL through conferences and speaking
engagements conducted by AJOL's President and CEO, Yoshihiro Aota. In addition,
through their own interactions, Acube members spread the word about MOJICO
hardware and drive growth of related services. Many members serve as MOJICO
hardware distributors of Acube and MOJICO hardware and develop membership
businesses featuring interaction and distribution of related products and
services among all members. Through the use of AJOL's MOJICO hardware, members
can network and communicate using hand-written Japanese characters, including
Kanji whose full meaning cannot be adequately communicated through the present
fonts of a computer. Members across Japan use the service to find other
subscribers and to establish interpersonal relationships, and access other
services such as insurance unique to Acube, mail order purchases, the handling
of partner-affiliated services, event planning, as well as products and services
offered under AJOL's Kamome brand. In April 2004, PPOL announced its new
strategy to grow the Company through the early stage identification of proven
and promising low-cost target U.S.- and European-developed technologies that it
can be quickly introduced into Japan thereby creating a significant lead over
competitors. Via PPOL's network in Japan, software products can be localized and
sold with local support provided either by PPOL staff or its marketing partners.

Certain information contained herein includes information that is
forward-looking. The matters referred to in forward-looking statements may be
affected by the risks and uncertainties involved in the Company's business.
These forward-looking statements are qualified in their entirety by the
cautionary statements contained in the Company's Securities and Exchange
Commission filings. Shareholders, potential investors and other readers are
urged to consider these factors in evaluating the forward-looking statements and
are cautioned not to place undue reliance on such forward-looking statements.
The forward-looking statements included herein are only made as of the date of
this news release, and PPOL undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances, except
as required under applicable laws.

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