Nevada		34-1755390
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

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PART I    FINANCIAL INFORMATION
Item 1.		Financial Statements
		Condensed Consolidated Balance Sheets September 30, 2002 and March 31, 2002		3
		Condensed Consolidated Statements of Operations Three and Six Months Ended September 30, 2002 and 2001		4
		Condensed Consolidated Statements of Cash Flows Six Months Ended September 30, 2002 and 2001		5
		Notes to Condensed Consolidated Financial Statements		6
Item 2.		Management’s Discussion and Analysis of Financial Condition and Results of Operations		12
		Financial Condition, Liquidity and Capital Resources		15
Item 3.		Quantitative and Qualitative Disclosures About Market Risk		16
Item 4.		Controls and Procedures		16
PART II    OTHER INFORMATION
Item 1.		Legal Proceedings		16
Item 4.		Submission of Matters To a Vote of Security Holders		17
Item 6.		Exhibits and Reports on Form 8-K		17
Signature Page				20
Section 302 Certification by Principal Executive Officer				21
Section 302 Certification by Principal Financial Officer				22

		September 30, 2002				March 31, 2002
						(As Restated-See Note I)
ASSETS
Current assets:
Cash and cash equivalents		$	154,042			$	167,373
Restricted cash			2,000,000				2,000,000
Accounts receivable, net of allowance for doubtful accounts of $1,237,575 and $340,575			16,146,988				14,001,696
Inventory			17,945,333				20,682,439
Due from affiliates			22,871				23,498
Net deferred income tax asset—current			748,000				465,630
Prepaid expenses and other current assets			1,352,749				624,207
Total current assets			38,369,983				37,964,843
Property and equipment, net			900,647				989,921
Goodwill			13,105,000				25,314,298
Intangible assets, net			—				276,914
Shareholder notes receivable			100,000				100,000
Notes receivable			662,441				607,417
Net deferred income tax asset—long term			749,336				637,918
Deferred financing costs, net			182,101				215,477
Other assets			151,091				151,226
Deposits			42,307				44,743
Total assets		$	54,262,906			$	66,302,757
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable		$	15,477,516			$	13,844,766
Accrued expenses and other current liabilities			368,342				421,318
Credit lines payable			18,486,770				18,929,575
Current portion of long-term debt and capital leases			684,965				676,365
Due to affiliates			4,377				4,377
Total current liabilities			35,021,970				33,876,401
Long-term debt and capital leases			139,297				478,200
Other long-term liabilities			525,263				501,561
Total liabilities			35,686,530				34,856,162
Commitments and contingencies (Note F)
Stockholders’ equity:
Preferred stock, $.001 par value; 2,000,000 shares authorized; no preferred shares issued or outstanding			—				—
Common stock, $.001 par value; 24,000,000 shares authorized; 7,119,172 shares issued and outstanding			7,120				7,120
Additional paid-in capital			40,967,355				40,967,355
Accumulated deficit			(22,398,099	)			(9,527,880	)
Total stockholders’ equity			18,576,376				31,446,595
Total liabilities and stockholders’ equity		$	54,262,906			$	66,302,757

		For the Three Months Ended September 30, 2002				For the Three Months Ended September 30, 2001				For the Six Months Ended September 30, 2002				For the Six Months Ended September 30, 2001
Revenues		$	73,736,121			$	66,187,701			$	136,839,940			$	137,064,013
Cost of goods sold			71,456,335				64,510,873				132,579,328				133,585,897
Gross profit			2,279,786				1,676,828				4,260,612				3,478,116
Selling, general and administrative expenses			1,817,584				1,217,208				4,375,865				2,312,787
Amortization expense			49,483				28,352				91,376				56,705
Depreciation expense			73,615				50,235				147,529				100,054
Goodwill impairment			12,209,298				—				12,209,298				—
Intangible asset impairment			258,914				—				258,914				—
Total operating expenses			14,408,894				1,295,795				17,082,982				2,469,546
Operating (loss) income			(12,129,108	)			381,033				(12,822,370	)			1,008,570
Other income (expense):
Interest income			21,831				18,383				48,082				41,672
Other income (expense)			16,335				(4,769	)			25,692				(4,769	)
Interest expense			(258,748	)			(275,431	)			(515,411	)			(536,639	)
Total other expense			(220,582	)			(261,817	)			(441,637	)			(499,736	)
(Loss) income before income tax benefit			(12,349,690	)			119,216				(13,264,007	)			508,834
Income tax benefit			51,159				616,250				393,788				1,110,280
Net (loss) income		$	(12,298,531	)		$	735,466			$	(12,870,219	)		$	1,619,114
Net (loss) income per common share—basic		$	(1.73	)		$	0.11			$	(1.81	)		$	0.23
Net (loss) income per common share—diluted		$	(1.73	)		$	0.10			$	(1.81	)		$	0.23
Weighted average shares outstanding—basic			7,119,172				6,968,754				7,119,172				6,968,754
Weighted average shares outstanding—diluted			7,119,172				7,152,225				7,119,172				7,150,143

		For the Six Months Ended September 30, 2002				For the Six Months Ended September 30, 2001
Cash flows from operating activities:
Net (loss) income		$	(12,870,219	)		$	1,619,114
Adjustments to reconc