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): January 9, 2004



                        International DisplayWorks, Inc.
                        --------------------------------
             (Exact name of registrant as specified in its charter)



           Delaware                    0-27002                94-3333649
           --------                    -------                ----------
(State or other jurisdiction of    (Commission File        (I.R.S. Employer
(incorporation or organization)         Number)           Identification No.)



                           599 Menlo Drive, Suite 200
                            Rocklin, California 95765
                                 (916) 415-0864
                                 --------------
          (Address and telephone number of principal executive offices)





<PAGE>


ITEM 5.  OTHER EVENTS AND REGULATION FD DISCLOSURE

     On January 9, 2004, International DisplayWorks, Inc. (the "Company") signed
a  commitment  letter for a new $5 million  asset  based  credit line with Wells
Fargo Business Credit, Inc. Under the credit line, the Company will be permitted
to borrow up to $5 million based on the Company's  foreign and domestic  account
receivables. The new line will replace an existing domestic receivable only line
and may add up to $3 million in additional  working  capital with more favorable
terms.  The credit line is subject to the execution of final  agreements,  which
the Company  expects to be complete by the end of January 2004.  The new line of
credit will be used  primarily to finance the Company's  recent and  anticipated
growth in  operations  by  enabling  the  Company to use  non-domestic  accounts
receivable in its borrowing base.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c)      Exhibits

         Exhibit Number    Description
         --------------    -----------

               99          Press  Release  Announcing  Signing of the Commitment
                           letter for $5 Million Asset Based  Credit  Line  with
                           Wells Fargo Business Credit, Inc.


<PAGE>



                                    SIGNATURE

     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 hereunto duly authorized.

                                               INTERNATIONAL DISPLAYWORKS, INC.,
                                               a Delaware Corporation



Dated:  January 14, 2004                       /s/ Stephen C. Kircher
                                               ---------------------------------
                                               Stephen C. Kircher
                                               Chief Executive Officer
                                               (Principal Executive Officer)
[{"type": "8-K", "sequence": "1", "filename": "for010904.txt", "secsgml_size_bytes": 3192}]
{"company-data": {"conformed-name": "INTERNATIONAL DISPLAYWORKS INC", "cik": "0000866415", "assigned-sic": "3670", "irs-number": "943333649", "state-of-incorporation": "OR", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27002", "film-number": "04527131"}, "business-address": {"street1": "599 MENO DRIVE, STE", "city": "ROCKLIN", "state": "CA", "zip": "95765", "phone": "5033759300"}, "mail-address": {"street1": "INTERNATIONAL DISPLAY WORKS INC", "street2": "599 MENLO DRIVE SUITE 200", "city": "ROCKLIN", "state": "CA", "zip": "95765"}, "former-company": {"former-conformed-name": "MORROW SNOWBOARDS INC", "date-changed": "19951006"}}
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): January 9, 2004

                        International DisplayWorks, Inc.
                        --------------------------------
             (Exact name of registrant as specified in its charter)

           Delaware                    0-27002                94-3333649
           --------                    -------                ----------
(State or other jurisdiction of    (Commission File        (I.R.S. Employer
(incorporation or organization)         Number)           Identification No.)

                           599 Menlo Drive, Suite 200
                            Rocklin, California 95765
                                 (916) 415-0864
                                 --------------
          (Address and telephone number of principal executive offices)
ITEM 5.  OTHER EVENTS AND REGULATION FD DISCLOSURE

     On January 9, 2004, International DisplayWorks, Inc. (the "Company") signed
a  commitment  letter for a new $5 million  asset  based  credit line with Wells
Fargo Business Credit, Inc. Under the credit line, the Company will be permitted
to borrow up to $5 million based on the Company's  foreign and domestic  account
receivables. The new line will replace an existing domestic receivable only line
and may add up to $3 million in additional  working  capital with more favorable
terms.  The credit line is subject to the execution of final  agreements,  which
the Company  expects to be complete by the end of January 2004.  The new line of
credit will be used  primarily to finance the Company's  recent and  anticipated
growth in  operations  by  enabling  the  Company to use  non-domestic  accounts
receivable in its borrowing base.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c)      Exhibits

         Exhibit Number    Description
         --------------    -----------

               99          Press  Release  Announcing  Signing of the Commitment
                           letter for $5 Million Asset Based  Credit  Line  with
                           Wells Fargo Business Credit, Inc.
SIGNATURE

     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 hereunto duly authorized.

                                               INTERNATIONAL DISPLAYWORKS, INC.,
                                               a Delaware Corporation

Dated:  January 14, 2004                       /s/ Stephen C. Kircher
                                               ---------------------------------
                                               Stephen C. Kircher
                                               Chief Executive Officer
                                               (Principal Executive Officer)