U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment to FORM 10-KSB (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______________ TO ______________ COMMISSION FILE NUMBER: 000-28083 NEXT GENERATION MEDIA CORP. (Exact name of Company as specified in its charter) Nevada 88-0169543 (State or jurisdiction of incorporation (I.R.S. Employer or organization) Identification No.) 7644 Dynatech Court, Springfield, Virginia 22153 (Address of principal executive offices) (Zip Code) Company's telephone number: (703) 644-0200 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the Company (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Company was required to file such reports), and (2) been subject to such filing requirements for the past 90 days. Yes X No___ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Company's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-KSB or any amendment to this Form 10-KSB [ ]. The Company had $7,325,085 in revenue for the fiscal year ended on December 31, 2002. The aggregate market value of the voting stock held by non-affiliates of the Company as of April 4, 2003: Common Stock, par value $0.001 per share -- $562,403. As of April 4, 2002, the Company had 9,673,397 shares of common stock issued and outstanding, of which 9,373,397 were held by non-affiliates. Documents Incorporated By Reference ----------------------------------- Portions of the Company's Form 10-KSB, filed on April 4, 2003, are incorporated by reference, and with this Amendment, create a complete filing by the Company. EXPLANATORY NOTE This Amendment is being filed to properly reflect that the Company is a Section 15(d) company as opposed to being a Section 12(g) company, as had been reported on the face page of its Form 10-KSB, filed on April 4, 2003. The Company does not believe that the particular subtleties between being a Section 15(d) company and a Section 12(g) company are significant or will cause the Company's shareholders to be any more or less informed about the Company. The Company does suggest that any shareholders that are interested in learning more about the subtleties between Section 15(d) and Section 12(g) should go to http://www.law.uc.edu/CCL/sldtoc.html. RISK FACTORS AND CAUTIONARY STATEMENTS Forward-looking statements in this report are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The Company wishes to advise readers that actual results may differ substantially from such forward-looking statements. Forward-looking statements include statements concerning underlying assumptions and other statements that are other than statements of historical facts. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of the Company to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Next Generation Media Corp. Dated: November 23, 2003 By: /s/ Darryl Reed Darryl Reed, President Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Company and in the capacities and on the date indicated: Signature Title Date /s/Darryl Reed President//CEO/Director November 23, 2003 Darryl Reed /s/ Phillip Trigg Secretary/Treasurer November 23, 2003 Phillip Trigg /s/Melissa Held Director November 23, 2003 Melissa Held /s/ Fernandov Mathov Director November 23, 2003 Fernando Mathov /s/ Leon Zajdel Director November 23, 2003 Leon Zajdel Exhibit 99.1 In connection with the Report of Next Generation Media Corp. (the "Company") on Form 10-KSB and Form 10-KSB/A for the period ending December 31, 2002 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Darryl Reed, President, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act, that: (1) The Report fully complies with Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) The Information contained in the Report fairly represents, in all material aspects, the financial condition and result of operations on the Company. By: /s/ Darryl Reed Darryl Reed, President Exhibit 99.2 In connection with the Report of Next Generation Media Corp. (the "Company") on Form 10-KSB and Form 10-KSB/A for the period ending December 31, 2002 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Phillip Trigg, Treasurer, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act, that: (1) The Report fully complies with Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) The Information contained in the Report fairly represents, in all material aspects, the financial condition and result of operations on the Company. By: /s/ Phillip Trigg Phillip Trigg, Treasurer