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): February 22, 2005


                        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
                            -------------------------
    (Address and telephone number of principal executive offices) (Zip Code)

                                 (916) 415-0864
                                 --------------
              (Registrant's telephone number, including area code)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)
[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

<PAGE>

Section 7 - Regulation FD
-------------------------

     Item 7.01  Regulation FD Disclosure
     -----------------------------------

     On February 22, 2005,  International  DisplayWorks,  Inc.  (the  "Company")
signed a  commitment  letter for a new $20  million  revolving  credit line with
Wells  Fargo HSBC  Trade Bank N.A.  The new line will  replace  an  existing  $5
million  asset-based line and will provide additional working capital along more
favorable  terms.  The  credit  line  is  subject  to  the  execution  of  final
agreements,  which the Company expects to complete by the end of March 2005. The
new line of credit will be used by the Company meet demand for new orders and to
support  capital  requirements,  including the  development of the Company's new
manufacturing facility.

Section 9 - Financial Statements and Exhibits
---------------------------------------------

     Item 9.01 Financial Statements and Exhibits
     -------------------------------------------

     Exhibit No.                   Exhibit Description
     -----------                   -------------------

         99                        Press Release dated February 22, 2005, titled
                                   "International   DisplayWorks,   Inc    Signs
                                   Commitment  Letter  for $20 Million Revolving
                                   Credit Line With Wells Fargo  HSBX Trade Bank
                                   N.A."

<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:  February 22, 2005                      /s/ Alan M. Lefko
        -----------------                      ---------------------------------
                                               Alan M. Lefko,
                                               Vice President Finance


<PAGE>


                                  EXHIBIT INDEX




         Exhibit No.               Exhibit Description
         -----------               -------------------

             99                    Press Release dated February 22, 2005, titled
                                   "International   DisplayWorks,   Inc    Signs
                                   Commitment  Letter  for $20 Million Revolving
                                   Credit Line with Wells Fargo  HSBX Trade Bank
                                   N.A."
[{"type": "8-K", "sequence": "1", "filename": "for022205.txt", "secsgml_size_bytes": 4616}]
{"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": "05631516"}, "business-address": {"street1": "599 MENLO DRIVE, SUITE 200", "city": "ROCKLIN", "state": "CA", "zip": "95765", "phone": "(916) 415-0864"}, "mail-address": {"street1": "C/O INTERNATIONAL DISPLAY WORKS, INC", "street2": "599 MENLO DRIVE, SUITE 200", "city": "ROCKLIN", "state": "CA", "zip": "95765"}, "former-company": [{"former-conformed-name": "INTERNATIONAL DISPLAYWORKS INC", "date-changed": "20020408"}, {"former-conformed-name": "MORROW SNOWBOARDS INC", "date-changed": "19951006"}]}
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): February 22, 2005

                        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
                            -------------------------
    (Address and telephone number of principal executive offices) (Zip Code)

                                 (916) 415-0864
                                 --------------
              (Registrant's telephone number, including area code)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)
[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))
Section 7 - Regulation FD
-------------------------

     Item 7.01  Regulation FD Disclosure
     -----------------------------------

     On February 22, 2005,  International  DisplayWorks,  Inc.  (the  "Company")
signed a  commitment  letter for a new $20  million  revolving  credit line with
Wells  Fargo HSBC  Trade Bank N.A.  The new line will  replace  an  existing  $5
million  asset-based line and will provide additional working capital along more
favorable  terms.  The  credit  line  is  subject  to  the  execution  of  final
agreements,  which the Company expects to complete by the end of March 2005. The
new line of credit will be used by the Company meet demand for new orders and to
support  capital  requirements,  including the  development of the Company's new
manufacturing facility.

Section 9 - Financial Statements and Exhibits
---------------------------------------------

     Item 9.01 Financial Statements and Exhibits
     -------------------------------------------

     Exhibit No.                   Exhibit Description
     -----------                   -------------------

         99                        Press Release dated February 22, 2005, titled
                                   "International   DisplayWorks,   Inc    Signs
                                   Commitment  Letter  for $20 Million Revolving
                                   Credit Line With Wells Fargo  HSBX Trade Bank
                                   N.A."
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:  February 22, 2005                      /s/ Alan M. Lefko
        -----------------                      ---------------------------------
                                               Alan M. Lefko,
                                               Vice President Finance
EXHIBIT INDEX

         Exhibit No.               Exhibit Description
         -----------               -------------------

             99                    Press Release dated February 22, 2005, titled
                                   "International   DisplayWorks,   Inc    Signs
                                   Commitment  Letter  for $20 Million Revolving
                                   Credit Line with Wells Fargo  HSBX Trade Bank
                                   N.A."