U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 10-QSB
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarter ended September 30, 1999
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission file number 333-52721
MICRO INTERCONNECT TECHNOLOGY, INC.
(Name of Small Business Issuer as specified in its charter)
NEVADA 333-69415 87-0575577
(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification No.)
incorporation)
70 Horizon Drive, Bedford, New Hampshire 03110
(Address of principal executive offices)
603-666-0206
(Registrants telephone no., including area code)
No Change
(Former name, former address, and former fiscal year,
if changed since last report.)
Securities registered pursuant to Section 12(b) of the Exchange Act: None
Securities registered pursuant to Section 12(g) of the Exchange Act: None
Check whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act 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
Common Stock outstanding at September 30, 1999 - 1,150,000 shares
of $.001 par value Common Stock.
<PAGE> COVER
MICRO INTERCONNECT TECHNOLOGY, INC.
[ A Development Stage Company ]
INDEX
PART I Financial Information
Item I Condensed Balance Sheets -
September 30, 1999 and December 31, 1998..................2
Condensed Statements of Operations -
three months and nine months ended September 30, 1999
and 1998 and from inception on February 11, 1998 through
September 30, 1998 and 1999...............................3
Condensed Statements of Cash Flows -
three months and nine months ended September 30, 1999
and 1998 and from inception on February 11, 1998 through
September 30, 1998 and 1999...............................4
Notes to Condensed Financial Statements.....................5
Item 2 Management's Plan of Operations............................10
PART II Other Information
Item 1 Legal Proceedings..........................................12
Item 2 Changes in Securities......................................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
Signature page.............................................13
<PAGE> 1
PART 1 FINANCIAL INFORMATION
Item 1 Financial Statements
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
UNAUDITED CONDENSED BALANCE SHEETS
ASSETS
September 30, December 31,
1999 1998
--------------- --------------
CURRENT ASSETS:
Cash in bank $ 227,024 $ 6,200
Accounts receivable 530 -
Prepaid expense 800 -
--------------- --------------
Total Current Assets 228,354 6,200
--------------- --------------
PROPERTY, PLANT AND EQUIPMENT, net 3,229 -
--------------- --------------
OTHER ASSETS:
Organizational costs, net 332 405
Deferred stock offering costs - 5,037
Refundable asset 800 -
--------------- --------------
Total Other Assets 1,132 5,442
--------------- --------------
$ 232,715 $ 11,642
--------------- --------------
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ - $ 2,312
Accounts payable - related party 18 486
Accrued payroll and payroll taxes 8,971 -
--------------- --------------
Total Current Liabilities 8,989 2,798
--------------- --------------
STOCKHOLDERS' EQUITY:
Preferred stock, $.001 par value,
10,000,000 shares authorized,
no shares issued and outstanding - -
Common stock, $.001 par value,
50,000,000 shares authorized,
1,150,000 and 1,000,000 shares
issued and outstanding, respectively 1,150 1,000
Capital in excess of par value 275,829 9,000
Deficit accumulated during the
development stage (53,253) (1,156)
--------------- --------------
Total Stockholders' Equity 223,726 8,844
--------------- --------------
$ 232,715 $ 11,642
--------------- --------------
NOTE: The balance sheet at December 31, 1998 was taken from the audited
financial statements at that date and condensed.
The accompanying notes are an integral part of these financial statements.
<PAGE> 2
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
For the Three For the Nine From Inception on
Months Ended Months Ended February 11, 1998
September 30, September 30, Through Sept. 30,
-------------------- --------------------- -----------
1999 1998 1999 1998 1999
---------- --------- ---------- --------- ---------
REVENUE, net $ 530 $ - $ 1,788 $ - $ 1,788
---------- --------- ---------- --------- ---------
EXPENSES:
General and
administrative 13,903 24 22,944 1,240 24,212
Research and
development 30,430 - 35,846 - 35,846
---------- --------- ---------- --------- ---------
Total Expenses 44,333 24 58,790 1,240 60,058
---------- --------- ---------- --------- ---------
LOSS FROM
OPERATIONS (43,803) (24) (57,002) (1,240) (58,270)
OTHER INCOME
(EXPENSE):
Interest income 2,556 - 4,944 - 5,056
Interest expense - - (39) - (39)
---------- --------- ---------- --------- ---------
2,556 - 4,905 - 5,017
---------- --------- ---------- --------- ---------
LOSS BEFORE
INCOME TAXES (41,247) (24) (52,097) (1,240) (53,253)
CURRENT TAX
EXPENSE - - - - -
DEFERRED TAX
EXPENSE - - - - -
---------- --------- ---------- --------- ---------
NET LOSS $ (41,247) $ (24) $ (52,097) $ (1,240) $(53,253)
---------- --------- ---------- --------- ---------
LOSS PER COMMON
SHARE $ (.04) $ (.00) $ (.05) $ (.00) $ (.05)
---------- --------- ---------- --------- ---------
The accompanying notes are an integral part of these financial statements.
<PAGE> 3
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS
For the Nine From Inception
Months Ended on February 11,
September 30 1998 Through
----------------- September 30,
1999 1998 1999
---------- --------- ----------
Cash Flows Provided by
Operating Activities:
Net loss $ (52,097) $ (1,240) $ (53,253)
Adjustments to reconcile net loss to
net cash used by operating activities:
Amortization expense 73 53 154
Depreciation expense 60 - 60
Changes in assets and liabilities:
(Increase) in accounts receivable (530) - (530)
(Increase) in prepaid expense (800) - (800)
Increase (decrease) in accounts
payable (2,312) 1,175 -
Increase (decrease) in
accounts payable - related
party (468) 486 18
Increase in accrued payroll
and payroll taxes 8,971 - 8,971
---------- --------- ----------
Net Cash Provided
(Used) by Operating
Activities (47,103) 474 (45,380)
---------- --------- ----------
Cash Flows Provided by Investing Activities:
Payments for organization costs - (486) (486)
Payments for property, plant and
equipment 3,289) - (3,289)
Payments for refundable asset (800) - (800)
---------- --------- ----------
Net Cash (Used) by Investing
Activities (4,089) (486) (4,575)
---------- --------- ----------
Cash Flows Provided by Financing Activities:
Proceeds from common stock issuance 300,000 10,000 310,000
Payment of stock offering costs (27,984) - (33,021)
---------- --------- ----------
Net Cash Provided by Financing
Activities 272,016 10,000 276,979
---------- --------- ----------
Net Increase in Cash 220,824 9,988 227,024
Cash at Beginning of Period 6,200 - -
---------- --------- ----------
Cash at End of Period $ 227,024 $ 9,988 $ 227,024
---------- --------- ----------
Supplemental Disclosures of Cash Flow
Information:
Cash paid during the period for:
Interest $ 39 $ - $ 39
Income taxes $ - $ - $ -
Supplemental Schedule of Non-cash Investing and Financing Activities:
For the Period Ended September 30, 1999
None
For the Period Ended September 30, 1998
The Company accrued $486 for organization costs which where
paid by a related party.
The accompanying notes are an integral part of these financial statements.
<PAGE> 4
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Organization - Micro Interconnect Technology, Inc. (the Company) was organized
under the laws of the State of Nevada on February 11, 1998. The Company has not
yet generated significant revenues from its planned principal operations and is
considered a development stage company as defined in SFAS No. 7. The Company
is engaged in the business of developing proprietary technology to make
electronic devices that link electronic components together smaller and to
operate at higher speeds.
Condensed Financial Statements - The accompanying financial statements have
been prepared by the Company without audit. In the opinion of management, all
adjustments (which include only normal recurring adjustments) necessary to
present fairly the financial position, results of operations and cash flows at
September 30, 1999 and for all the periods presented have been made.
Certain information and footnote disclosures normally included in financial
statements prepared in accordance with generally accepted accounting principles
have been condensed or omitted. It is suggested that these condensed financial
statements be read in conjunction with the financial statements and notes
thereto included in the Company's December 31, 1998 audited financial
statements. The results of operations for the periods ended September 30, 1999
are not necessarily indicative of the operating results for the full year.
Property and Equipment - Property and equipment are stated at cost.
Expenditures for major renewals and betterments that extend the useful lives of
property and equipment are capitalized upon being placed in service.
Expenditures for maintenance and repairs are charged to expense as incurred.
Depreciation is computed for financial statement purposes on a straight-line
method over the estimated useful lives of the assets.
Organization Costs - The Company is amortizing its organization costs, which
reflect amounts expended to organize the Company, over sixty [60] months using
the straight line method. Amortization expenses for the nine months ended
September 30, 1999 totaled $73.
Loss Per Share - The computation of loss per share is based on the weighted
average number of shares outstanding during the period presented in accordance
with Statement of Financial Accounting Standards No. 128, "Earnings Per Share".
[See Note 6]
Cash and Cash Equivalents - For purposes of the statement of cash flows, the
Company considers all highly liquid debt investments purchased with a maturity
of three months or less to be cash equivalents.
Accounting 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, the disclosures of contingent assets and liabilities at the date of
the financial statements, and the reported amount of revenues and expenses
during the reported period. Actual results could differ from those estimated.
<PAGE> 5
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
NOTE 2 - PROPERTY, PLANT AND EQUIPMENT
Property, Plant and Equipment consisted of the following at September 30, 1999:
Office equipment $ 3,289
Less accumulated depreciation (60)
-------------
$ 3,229
-------------
During the three months ended September 30, 1999 depreciation expense amounted
to $30.
NOTE 3 - CAPITAL STOCK
Stock Options - On June 15, 1999, the Company granted 30,000 stock options
under the 1998 Stock Option Plan (the Plan). The Company has adopted Statement
of Financial Accounting Standards No. 123, "Accounting for Stock-Based
Compensation." The market value of the Company's common stock was the same
as the exercise price of the options on the date of grant, accordingly, no
compensation cost has been recognized for the stock options.
Stock Option Plan - On February 17, 1998, the Board of Directors of the Company
adopted and the stockholders at that time approved, the 1998 Stock Option Plan
(the Plan). The plan provides for the granting of awards of up to 1,000,000
shares of common stock to sales representatives, officers, directors,
consultants and employees. The awards can consist of stock options, restricted
stock awards, deferred stock awards, stock appreciation rights and other
stock-based awards as described in the plan. Awards under the plan will be
granted as determined by the board of directors. At September 30, 1999,
total options available to be granted under the plan amounted to 970,000.
A summary of the status of the options granted under the Company's stock option
plan at September 30, 1999 is presented below:
September 30, 1999
---------------------------
Weighted Average
Shares Exercise Price
---------- ----------------
Outstanding at beginning of period 30,000 $ 2.00
Granted - $ -
Exercised - $ -
Forfeited - $ -
Expired - $ -
---------- ----------------
Outstanding at end of Period 30,000 $ 2.00
---------- ----------------
Weighted average fair value of options granted
during the year 30,000 $ 2.00
---------- ----------------
<PAGE> 6
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
NOTE 3 - CAPITAL STOCK [Continued]
A summary of the status of the options outstanding under the Company's stock
option plan at September 30, 1999 is presented below:
Options Outstanding Options Exercisable
---------------------------------------- ------------------------------
Average Weighted-
Range of Remaining Average
Exercise Number Weighted-Average Exercise Number Exercise
Prices Outstanding Contractual Life Price Exercisable Price
---------- ----------- --------------- -------- ----------- ---------
$2.00 30,000 7.0 years $2.00 - $2.00
---------- ----------- --------------- -------- ----------- ---------
Common Stock - During February, 1998, in connection with its organization, the
Company issued 1,000,000 shares of its previously authorized, but unissued
common stock. Total proceeds from the sale of stock amounted to $10,000 (or
$.01 per share).
During May 1999 the Company made a public stock offering and issued 150,000
units of its previously authorized, but unissued common stock. Each unit
consists of one share of common stock and two redeemable common stock purchase
warrants. Each warrant allows the holder to purchase one share of common stock
for $2.50; the warrants are subject to adjustment in certain events and are
exercisable for a period of one year from the date of the offering. The Company
may redeem the warrants at a price of $.01 per warrant, at any time beginning
six months after the date of the offering upon not less than 30 days prior
written notice, if the closing bid price of the Company's common stock on the
Nasdaq Bulletin Board is at least $3.00 per share for twenty consecutive trading
days, ending not earlier than five days before the warrants are called for
redemption. Gross proceeds from the sale of stock amounted to $300,000 (or $2
per share). Stock offering costs of $33,021 were offset against the proceeds of
the offering in capital in excess of par value.
Preferred Stock - The Company has authorized 10,000,000 shares of preferred
stock, $.001 par value, with such rights, preferences and designations and to be
issued in such series as determined by the Board of Directors. No shares are
issued and outstanding at September 30, 1999.
NOTE 4 - RELATED PARTY TRANSACTIONS
Management Compensation - As of May 31, 1999, the Company had not paid any
compensation to its officers and directors. Starting June 1, 1999 the president
is being compensated by the Company.
Payable to Related Party - During the nine months ended September 30, 1999, the
Company reimbursed an officer/shareholder $486 for organization costs advanced
by him in the previous fiscal year.
<PAGE> 7
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
NOTE 4 - RELATED PARTY TRANSACTIONS [Continued]
License Agreement - The Company entered into an exclusive licensing agreement
with the officer and shareholder of the Company for the exclusive rights for
patents covering electronic interconnection manufacturing technologies for the
United States and it's territories and possessions. The agreement expires
March 31, 2007. The Company will pay a 1% royalty of gross sales and receipts
for the right beginning January 1999. As of September 30, 1999, royalties
payable to the officer/shareholder totaled $18.
Rent Agreement - Beginning June 1, 1999, the Company entered into a one-year
lease for research and office space with a related party. Monthly rent is $800
[See Note 7].
NOTE 5 - INCOME TAXES
The Company accounts for income taxes in accordance with Statement of Financial
Accounting Standards No. 109 "Accounting for Income Taxes". FASB 109 requires
the Company to provide a net deferred tax asset/liability equal to the expected
future tax benefit/expense of temporary reporting differences between book and
tax accounting methods and any available operating loss or tax credit
carryforwards. At June 30, 1999, the Company has available unused operating
loss carryforwards of approximately $53,000, which may be applied against future
taxable income and which expire in 2018 through 2019.
The amount of and ultimate realization of the benefits from the operating loss
carryforwards for income tax purposes is dependent, in part, upon the tax laws
in effect, the future earnings of the Company, and other future events, the
effects of which cannot be determined. Because of the uncertainty surrounding
the realization of the loss carryforwards the Company has established a
valuation allowance equal to the tax effect of the loss carryforwards and,
therefore, no deferred tax asset has been recognized for the loss carryforwards.
The net deferred tax assets are approximately $16,000 and $400 as of September
30, 1999 and December 31, 1998, respectively, with an offsetting valuation
allowance at each period end of the same amount resulting in a change in the
valuation allowance of approximately $15,600 for the nine months ended September
30, 1999.
<PAGE> 8
MICRO INTERCONNECT TECHNOLOGY, INC.
[A Development Stage Company]
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
NOTE 6 - LOSS PER SHARE
The following data show the amounts used in computing loss per share for the
periods ended September 30, 1999 and 1998:
For the Three For the Nine From Inception on
Months Ended Months Ended February 11, 1998
September 30, September 30, Through Sept. 30,
-------------------- ---------------------
1999 1998 1999 1998 1999
---------- --------- --------- ----------- -------------
Loss from continuing
operations available
to common
shareholders
(numerator) $ (41,247) $ (24) $ (52,097) $ (1,240) $ (53,253)
---------- --------- ---------- ---------- -------------
Weighted average
number ofcommon
shares outstanding
usedin loss per
share for the
period
(denominator) 1,150,000 1,000,000 1,083,516 1,000,000 1,038,255
---------- --------- ---------- ---------- -------------
NOTE 7 - OPERATING LEASE
Beginning June 1, 1999, the Company entered into a one-year lease for office
space with a related party. Monthly rent is $800. Rent expense for the period
ended September 30, 1999 totaled $2,400.
<PAGE> 9
PART I FINANCIAL INFORMATION
ITEM 2 Management's Plan of Operation.
Micro Interconnect Technology (the "Company") was incorporated under the laws of
the State of Nevada on February 11, 1998. The Company has commenced planned
principal business operations and is considered a development stage company. The
Company has begun active product development operations. The purpose of the
Company's formation is to, initially, engage in the business of trying to
reduce,to industrial production, the proprietary technology contained in one of
four issued patents and two, recently filed, patent applications exclusively
licensed to the Company. If successful, the Company will use this proprietary
technology initially to develop and manufacture an imaging workstation that can
be used to make high-density electronic component interconnections that are
utilized in the growing trend to make electronics run at higher speeds, be
smaller and lighter, less expensive and more reliable.
The Company is currently developing an imaging workstation that can produce
in-situ masks that will have high resolution, accurate alignment, and can be
computer compensated for manufacturing defects. The Company must first complete
the design of the imaging workstation's overall system. The research and
development activities of the project primarily consist of labor to reduce to,
industrial production, the concepts of the patents. Next would be the
developmentof the exposing system where the electro-mechanical and optical
concepts would need to be finalized, a prototype produced and debugged. The
run-time and other software must be designed and coded and debugged. There
can be no guarantees that the Company will be able to successfully complete
any of these steps within the available funding. If the Company is not able
to develop the imaging workstation or a prototype factory on a timely basis
because of design setbacks,non-delivery of parts, uncompleted testing,
software failures, lack of funding or other risks inherent with the
development of new technological products, or if the products produced by the
prototype factory do not achieve market acceptance, the Company's business,
operation results and financial condition will be materially adversely
affected.
The Company, based on the current state of development and progress of its
imaging workstation, now envisions the imaging workstation opening up the way
for many cost lowering changes in the production process of high resolution
interconnects. A substantial amount of these savings would be lost if the
imaging workstation were inserted into the fixed production process that is
currently used for producing interconnects by large-scale manufacturers of
electronic circuits.
The changes that can be made in the production process are proprietary to the
Company. Therefore, selling the newly developed workstation, at this time, to
large-scale manufacturers who presently produce interconnects would necessitate
revealing and compromising these cost saving procedures prematurely.
The Company believes it is in the best interest of both the Company and its
shareholders to try, concurrently with the development of the imaging
workstation,to develop a factory for producing state-of-the-art prototype
printed circuit boards ("PCBs"), that will incorporate the cost saving
advantages made possible by the new imaging workstation.
<PAGE> 10
The Company feels that, barring any delays in the development of its imaging
workstation and the effort in constructing and debugging a factory for producing
printed circuit board prototypes, that it may be able to develop a sufficient
form of a factory, within the Company's current available financing, that could
produce state-of-the-art prototype PCBs. The Company hopes that PCB sales could
then be made and earnings generated, which would help finance the Company's
ongoing technological thrust and product development.
To date the Company has generated very little revenue and expects no meaningful
revenues until the imaging workstation and a prototype PCB factory has been
fully developed and prototype PCBs manufactured and sold. If the Company is
unsuccessful in developing and profitably marketing or utilizing the imaging
workstation and the prototype PCB factory it will, more than likely, be unable
to continue operations. The Company, if able to generate sufficient revenues
from the future sales of the prototype PCBs and able to obtain some other
suitable form of financing, will begin developing the Company's other licensed
proprietary technology to construct a complete high volume flexible
manufacturing cell (factory) for producing high density electronic
interconnects. The Company wouldthen sell these interconnects to the
manufacturers and suppliers of electronic components and devices. The Company
expects that it could take up to three years before reaching the point of
developing a high volume flexible manufacturing cell (factory). There are no
guarantees that the Company will be successfully able to fund, develop,
manufacture and profitably market the high volume flexible manufacturing cell
(factory). The risk of failure is high, because the Company may find it more
difficult than anticipated to reduce the basic concepts of the proprietary
technology to industrial production. Since this proprietary technology does
not cover all the phases of the process of making high density electronic
interconnects, there is a high probability that the Company may not be able to
develop and construct any factory. There can be no guarantees that the market
will give financial support to the products produced by the factory if and when
it is developed and becomes fully functional.
The Company presently has leased office facilities owned by the wife of N.
Edward Berg, its president. The Company has entered into an agreement for
modifying the present lease to include an additional 800 square feet of
executive and manufacturing space bringing the total to 2000 square feet. The
manufacturing space has computers and software support systems, furniture, and
manufacturing type tools needed for fabrication support.
The Company has reviewed the Year 2000 issue, where, if not corrected, many
computer applications could fail or create erroneous results before or at the
Year 2000. Management feels that there are presently no anticipated potential
costs or uncertainties related to any of the Company's developing products
utilizing its software and hardware. No software programs presently anticipated
by the Company will be written with code that would cause a Year 2000 stoppage
on time critical operations. The only uncertainties, of which the Company cannot
give any assurance that could or
could not develop, would be if the Company's vendors and utilities suppliers and
the future purchasers of the Company's imaging workstation would be unable to
resolve any Year 2000 issues that could aversely affect their operations. If
this were to occur, it could cause delays in the development, production and
sales of the imaging workstation and the prototype printed circuit board
factory,which would have a material adverse effect on the continued development
and growthof the Company's business.
<PAGE> 11
Management believes that the proceeds of its recently completed Public Offering
will be adequate to meet its working capital requirements for the next nine
months. The Company, as previously stated, anticipates that revenues generated
from future sales of
prototype PCBs, from the Company's prototype PCB factory with its integral
imaging workstation if successfully developed, will not provide all of the
financial resources needed for timely future product development. The Company
anticipates that, it would need additional financing to meet its current plan
for the development of additional workstations and a high volume flexible
manufacturing cell. The successful development a prototype factory, will not
assure the Company's ability to generate sufficient revenues from sales or the
ability to obtain any outside financing on favorable terms, if at all. If the
Company is unable to obtain additional financing, its ability to meet its
current plan for the development of additional workstations and a high volume
flexible manufacturing cell (factory) would be materially adversely affected.
The Company anticipates aggressively pursuing internet E-commerce opportunities
as the main thrust of its marketing efforts. If the Company is unable to acquire
all its needed materials and equipment, and is unable to develop a potential
customer base, to commence operations, then the Company would find it difficult,
if at all, to develop or produce, any workstations, electronic interconnects or
any other equipment that would enable the Company to generate enough business to
operate profitably.
PART II OTHER INFORMATION
ITEM 1 Legal Proceedings
None
ITEM 2 Changes in Securities
None
ITEM 3 Defaults on Senior Securities
None
ITEM 4 Submission of Matters to a Vote of Security Holders
None
ITEM 5 Other Information
None
ITEM 6 Exhibits and Reports on Form 8-K
a) Exhibits
None
b) Reports on Form 8-
None
<PAGE> 12
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.
MICRO INTERCONNECT TECHNOLOGY, INC.
/s/ N. Edward Berg November 11, 1999
- ------------------------------ -----------------
N. Edward Berg, President Date
<PAGE> 13
