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<TITLE>SECURITIES AND EXCHANGE COMMISSION &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TITLE>
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<META NAME="date" CONTENT="02/05/2003">
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<P style="margin:0pt; line-height:15pt; font-size:13pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0pt; line-height:15pt; font-size:13pt" align=center><B>Washington, D.C. &nbsp;20549</B></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt; line-height:17pt; font-size:15pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>
<P style="margin:0pt" align=right><BR></P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:252pt; text-indent:-252pt">Date of Report (Date of earliest event reported):</P>
<P style="margin:0pt; padding-left:252pt"><U>February 5, 2002</U></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt; text-indent:216pt">&nbsp;&nbsp;&nbsp;<U>Enterprise Technologies, Inc.</U></P>
<P style="margin:0pt; text-indent:180pt; line-height:10pt; font-size:8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Exact name of registrant as specified in its charter)</P>
<P style="margin:0pt; font-size:8pt"><BR></P>
<P style="margin:0pt; font-size:8pt"><BR></P>
<P style="margin:0pt; font-size:8pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:108pt; text-indent:-108pt"><U>Nevada</U></P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:108pt; text-indent:36pt"><U>0-28790</U></P>
<P style="margin:0pt; padding-left:108pt; text-indent:180pt"><U>87-0429962 B</U></P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:144pt; text-indent:-144pt" align=justify>(State or other jurisdiction</P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:144pt" align=justify>(Commission File Number)</P>
<P style="margin:0pt; padding-left:144pt; text-indent:144pt" align=justify>(IRS Employer Identification </P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:324pt; text-indent:-324pt" align=justify>of incorporation) </P>
<P style="margin:0pt; padding-left:324pt; text-indent:-36pt" align=justify>Number)</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:-12pt; padding-left:360pt; text-indent:-360pt" align=justify><U>1628 West 1<SUP>st</SUP> Avenue, Suite 216, Vancouver, British Columbia</U></P>
<P style="margin:0pt; padding-left:360pt; text-indent:-72pt" align=justify><U>V6J 1G1</U></P>
<P style="margin-top:0pt; margin-bottom:-10pt; text-indent:36pt; line-height:10pt" align=justify>(Address of principal executive offices)</P>
<P style="margin:0pt; text-indent:288pt; line-height:10pt; font-size:8pt" align=justify>(Zip Code)</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>Registrant&#146;s telephone number, including area code: &nbsp;&nbsp;<U>(604) 659-5005</U></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 1. Changes in Control of Registrant</B>.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 2. &nbsp;Acquisition or Disposition of Assets</B>.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 3. Bankruptcy or Receivership</B>.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 4. &nbsp;Changes in Registrant&#146;s Certifying Accountant</B>.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 5. &nbsp;Other Events.</B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt; text-indent:36pt" align=justify>On February 5<SUP>th</SUP>, 2003, the Board of Directors approved the cancellation of all currently outstanding employee and director stock options and all shareholder approved Stock Option Plans, with the exception of the Company&#146;s 2001 Stock Option Plan, which remains in effect. &nbsp;The Company&#146;s 2001 Stock Option Plan was approved by shareholders at an Annual General Meeting held on July 12, 2001, and has 10,000,000 common shares reserved for issuance thereunder. At present, no options from the 2001 Stock Option Plan have been granted.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 6. &nbsp;Resignations of Registrant&#146;s Director&#146;s</B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 7. &nbsp;Financial Statements and Exhibits.</B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><B>ITEM 8. &nbsp;Change in Fiscal Year</B>.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>None.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=center><B>SIGNATURES</B></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt; text-indent:36pt" align=justify>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.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=right><B>ENTERPRISE TECHNOLOGIES, INC.</B></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=right><U>/s/__Harvinder Dhaliwal___________ &nbsp;</U></P>
<P style="margin:0pt; text-indent:288pt" align=right>Harvinder Dhaliwal, President &amp; Director</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify>Date: February 5<SUP>th</SUP>, 2003</P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=right>Cancel Stock Options/Plans</P>
<P style="margin:0pt"><BR></P>
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SECURITIES AND EXCHANGE COMMISSION
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 5, 2002
Enterprise Technologies, Inc.
(Exact name of registrant as specified in its charter)
Nevada
0-28790
87-0429962 B
(State or other jurisdiction
(Commission File Number)
(IRS Employer Identification
of incorporation)
Number)
1628 West 1
st
Avenue, Suite 216, Vancouver, British Columbia
V6J 1G1
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(604) 659-5005
ITEM 1. Changes in Control of Registrant
.
None.
ITEM 2.  Acquisition or Disposition of Assets
.
None.
ITEM 3. Bankruptcy or Receivership
.
None.
ITEM 4.  Changes in Registrant's Certifying Accountant
.
None.
ITEM 5.  Other Events.
On February 5
th
, 2003, the Board of Directors approved the cancellation of all currently outstanding employee and director stock options and all shareholder approved Stock Option Plans, with the exception of the Company's 2001 Stock Option Plan, which remains in effect.  The Company's 2001 Stock Option Plan was approved by shareholders at an Annual General Meeting held on July 12, 2001, and has 10,000,000 common shares reserved for issuance thereunder. At present, no options from the 2001 Stock Option Plan have been granted.
ITEM 6.  Resignations of Registrant's Director's
None.
ITEM 7.  Financial Statements and Exhibits.
None.
ITEM 8.  Change in Fiscal Year
.
None.
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 hereunto duly authorized.
ENTERPRISE TECHNOLOGIES, INC.
/s/__Harvinder Dhaliwal___________
Harvinder Dhaliwal, President & Director
Date: February 5
th
, 2003
Cancel Stock Options/Plans