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


                              MARCH 26, 2004
                             --------------
              Date of Report (Date of earliest event reported)


                          CIMBIX  CORPORATION
                    --------------------------------
           (Exact name of registrant as specified in its charter)


WASHINGTON                                   91-20600082
----------                                    ----------
(State of incorporation                   (I.R.S. Employer
or organization)                          Identification No.)

                      	SEC File No.  000-49955

SUITE 100, 1291 GALLERIA DRIVE
HENDERSON, NEVADA                          89014
----------------------------              ---------
(Address of principal executive offices)  (Zip Code)

                            415-924-9164
                            ------------
          Registrant's telephone number, including area code

                CORPORATE DEVELOPMENT AND INNOVATION, INC.
               #1710, 1000 2ND AVENUE, SEATTLE, WASHINGTON
                           --------------
     (Former name or former address, if changed since last report)


<PAGE>

ITEM  1.     CHANGES  IN  CONTROL  OF  THE  REGISTRANT.

As a result of the termination of the Share Exchange Agreement and the issuance
of  15,000,000  shares  of  Voting  Preferred  Stock  of Cimbix Corporation,
a Washington  corporation, which shares are entitled to twenty votes per
share or an  aggregate  of  300,000,000 votes, the control of the Registrant
shifted to Donald  Walker,  President  of  Corporation  and  to  Robert Rosner,
Corporate Secretary and Vice President of Regulatory Affairs and Compliance.
Mr. Walker is entitled to vote 48% of the shares or 150,000,000 shares out of
309,069,100.  Mr. Rosner is entitled to vote 48% of the shares or  150,370,000
shares out of 309,069,100 shares, or collectively, 96% of the shares.

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS

Due to unresolved issues relating to certain shareholders of Millenium Business
Group USA Inc. ("MBG"), and issues relating to certain assets of MBG as well as
accounting concerns that the Corporation has learned recently subsequent to the
closing  of  the  Share Exchange Agreement dated March 8, 2003, the Corporation
has  decided  not to  fund  this  project and has terminated the Share Exchange
Agreement.  A mutual agreement and release by both the Corporation and MBG will
be executed to end the agreement effective immediately.  MBG will cease to be a
subsidiary of the Corporation.

ITEM  5.     OTHER  EVENTS  AND  REGULATION  FD  DISCLOSURE

Effective February 26, 2004, Mr. Doug Johnson resigned as President and Director
of the Corporation and upon resolution made,  Mr. Donald Walker was appointed as
President of the Corporation.

Effective February 28, 2004, Mr. Andrew Willoughby has been removed as the Chief
Executive Officer but remains as Director of the Corporation.

The  Corporation  hereby  affirms  that  the Articles and By-laws filed with
the Security  and  Exchange  Commission ("SEC") filed dated November 28,
2000 be the only  Articles  and By-laws  of the Corporation  except for the
amendment to the Articles of Incorporation filed with the SEC on August 26, 2003
2003 effecting a name change  from  Corporate  Development & Innovation, Inc.
to Cimbix Corporation which  was  also filed with the Washington Secretary of
State on August 26, 2003.

The  Board  of Directors approved the issuance of the 7,500,000 shares of Voting
Preferred  Stock to Mr. Donald Walker and Mr. Robert Rosner in consideration
for services rendered to the Corporation as its officers and Directors.  As a
result of this  ownership  of Voting Preferred Stock,  Mr. Walker will have
150,000,000 votes and  Mr. Rosner will have 150,370,000 votes.   Mr. Rosner
acquired 370,000 shares of the Corporation through two separate private
placements.

Effective February 28, 2004, the corporate headquarters of the Corporation shall
be at Suite 100, 1291 Galleria Drive, Henderson, Nevada, and the offices in
Seattle, Washington and Vancouver, Canada shall be closed immediately.


                                    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.

                                        CIMBIX CORPORATION

DATE:   MARCH 26, 2004
                                        By:  /s/ DONALD WALKER
                                            -----------------------
                                             DONALD WALKER
                                             President, Director
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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

                              MARCH 26, 2004
                             --------------
              Date of Report (Date of earliest event reported)

                          CIMBIX  CORPORATION
                    --------------------------------
           (Exact name of registrant as specified in its charter)

WASHINGTON                                   91-20600082
----------                                    ----------
(State of incorporation                   (I.R.S. Employer
or organization)                          Identification No.)

                      	SEC File No.  000-49955

SUITE 100, 1291 GALLERIA DRIVE
HENDERSON, NEVADA                          89014
----------------------------              ---------
(Address of principal executive offices)  (Zip Code)

                            415-924-9164
                            ------------
          Registrant's telephone number, including area code

                CORPORATE DEVELOPMENT AND INNOVATION, INC.
               #1710, 1000 2ND AVENUE, SEATTLE, WASHINGTON
                           --------------
     (Former name or former address, if changed since last report)
ITEM  1.     CHANGES  IN  CONTROL  OF  THE  REGISTRANT.

As a result of the termination of the Share Exchange Agreement and the issuance
of  15,000,000  shares  of  Voting  Preferred  Stock  of Cimbix Corporation,
a Washington  corporation, which shares are entitled to twenty votes per
share or an  aggregate  of  300,000,000 votes, the control of the Registrant
shifted to Donald  Walker,  President  of  Corporation  and  to  Robert Rosner,
Corporate Secretary and Vice President of Regulatory Affairs and Compliance.
Mr. Walker is entitled to vote 48% of the shares or 150,000,000 shares out of
309,069,100.  Mr. Rosner is entitled to vote 48% of the shares or  150,370,000
shares out of 309,069,100 shares, or collectively, 96% of the shares.

ITEM 2.     ACQUISITION OR DISPOSITION OF ASSETS

Due to unresolved issues relating to certain shareholders of Millenium Business
Group USA Inc. ("MBG"), and issues relating to certain assets of MBG as well as
accounting concerns that the Corporation has learned recently subsequent to the
closing  of  the  Share Exchange Agreement dated March 8, 2003, the Corporation
has  decided  not to  fund  this  project and has terminated the Share Exchange
Agreement.  A mutual agreement and release by both the Corporation and MBG will
be executed to end the agreement effective immediately.  MBG will cease to be a
subsidiary of the Corporation.

ITEM  5.     OTHER  EVENTS  AND  REGULATION  FD  DISCLOSURE

Effective February 26, 2004, Mr. Doug Johnson resigned as President and Director
of the Corporation and upon resolution made,  Mr. Donald Walker was appointed as
President of the Corporation.

Effective February 28, 2004, Mr. Andrew Willoughby has been removed as the Chief
Executive Officer but remains as Director of the Corporation.

The  Corporation  hereby  affirms  that  the Articles and By-laws filed with
the Security  and  Exchange  Commission ("SEC") filed dated November 28,
2000 be the only  Articles  and By-laws  of the Corporation  except for the
amendment to the Articles of Incorporation filed with the SEC on August 26, 2003
2003 effecting a name change  from  Corporate  Development & Innovation, Inc.
to Cimbix Corporation which  was  also filed with the Washington Secretary of
State on August 26, 2003.

The  Board  of Directors approved the issuance of the 7,500,000 shares of Voting
Preferred  Stock to Mr. Donald Walker and Mr. Robert Rosner in consideration
for services rendered to the Corporation as its officers and Directors.  As a
result of this  ownership  of Voting Preferred Stock,  Mr. Walker will have
150,000,000 votes and  Mr. Rosner will have 150,370,000 votes.   Mr. Rosner
acquired 370,000 shares of the Corporation through two separate private
placements.

Effective February 28, 2004, the corporate headquarters of the Corporation shall
be at Suite 100, 1291 Galleria Drive, Henderson, Nevada, and the offices in
Seattle, Washington and Vancouver, Canada shall be closed immediately.

                                    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.

                                        CIMBIX CORPORATION

DATE:   MARCH 26, 2004
                                        By:  /s/ DONALD WALKER
                                            -----------------------
                                             DONALD WALKER
                                             President, Director