FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of
1934

For the period ended February 28, 2003

RTICA Corporation

(Translation of registrant's name into English)

999 Barton Street, Stoney Creek, Ontario L8E 5H4 Canada

(Address of principal executive offices)

[Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F X Form 40-F ______

[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ______ No X

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

RTICA CORPORATION
(A DEVELOPMENT STAGE COMPANY)

Interim Financial statements
(Expressed in Canadian dollars)

Period ended February 28, 2003

UNAUDITED

RTICA CORPORATION
(A DEVELOPMENT STAGE COMPANY)

Interim Consolidated Balance Sheets
(Expressed in Canadian dollars)

February 28, 2003 and May 31, 2002
(Unaudited)


		February 28			May 31


Assets

Current assets:
Cash and short-term investments	$	594,514		$	4,152
Accounts receivables and GST		85,706			27,941
Inventory		52,300
Prepaid expenses		10,927			10,685

		743,447			42,778

Fixed assets (Note 2)		334,335			334,536

Deferred development costs		1			1

Goodwill, net of accumulated amortization		1			1

	$	1,077,784		$	377,316


Liabilities and Shareholders' Equity

Current liabilities:
Accounts payable and accrued liabilities	$	940,733		$	912,077
Promissory notes		250,000			355,280


		1,190,733			1,267,357

Due to government (note 5)		445,000			445,000

Convertible debentures (note 4)		2,101,477			73,264

Shareholders' equity:
Share capital (note 3)		9,327,273			8,986,768
Equity component of convertible debenture		514,738			12,736
Deficit		(12,501,437	)		(10,407,809	)

		(2,659,426	)		(1,408,305	)

	$	1,077,784		$	377,316

See accompanying notes to interim financial statements.

RTICA CORPORATION
(A DEVELOPMENT STAGE COMPANY)

Interim Consolidated Statements of Operations and Deficit
Three month periods ended February 28, 2003 and 2002
(Unaudited)


		2003			2002


Income:
Sales	$	105,621		$
Interest		3,195			838

		108,816			838

Operating expenses:
Development		293,555			486,191
Sales and marketing		104,416			96,219
Consulting		170,436			44,272
Professional fees		20,612			33,660
General and administrative		58,274			36,593
Rent and property taxes		31,576			44,346
Management fees		41,500			40,500
Amortization of fixed assets		19,195			32,788
Factory overhead		19,918			17,607
Travel		13,775			16,081
Amortization of goodwill		-			6,591
Interest and bank charges		419			280
Interest on convertible debenture and notes		72,082			-

		845,758			880,987


Loss for the period		(736,942	)		(880,149	)

Deficit accumulated during development
stage, beginning of period		(11,764,495	)		(8,727,041	)


Deficit accumulated during development
stage, end of period	$	(12,501,437	)	$	(9,607,190	)


Loss per share	$	(0.028	)	$	(0.035	)


Weighted average number of common shares
outstanding, excluding shares held in escrow (note 3)		26,070,697			24,940,864

See accompanying notes to interim financial statements.

RTICA CORPORATION
(A DEVELOPMENT STAGE COMPANY)

Interim Consolidated Statements of Cash Flows
Three month periods ended February 28, 2003 and 2002
(Unaudited)


		2003			2002


Cash provided by (used in):

Operating activities:
Loss for the period	$	(736,942	)	$	(880,149	)
Items not involving cash:
Amortization		58,958			39,379
Interest paid by issue of preferred shares		40,504
Foreign exchange		23,414
Change in non-cash operating
working capital:
Accounts receivable including GST		(45,926	)		(17,335	)
Prepaid expenses		(352	)		(2,435	)
Inventory		(52,300	)
Accounts payable and accrued liabilities		41,706			311,701

		(670,938	)		(548,839	)
Financing activities:
Issuance of common shares					163,850
Due to government					203,251
Proceeds from promissory notes		(21,894	)		-

		(21,894	)		367,101

Investing activities:
Purchase of fixed assets		(63,104	)		(8,667	)

		(63,104	)		(8,667	)

Change in cash and cash equivalents		(755,936	)		(190,405	)

Cash and cash equivalents, start of period		1,350,450			272,464

Cash and cash equivalents, end of period	$	594,514		$	82,059

See accompanying notes to interim financial statements.

RTICA CORPORATION
(A DEVELOPMENT STAGE COMPANY)

Interim Consolidated Statements of Operations and Deficit
Nine month periods ended February 28, 2003 and 2002, and cumulative from inception
(Unaudited)


								Cumulative
								Period from
								June 13, 1991
								(inception) to
								February 28,
		2003			2002			2003


Income:
Sales	$	105,621						105,621
Interest		3,225		$	38,107			209,033
Fees and licenses		-			-			622,482

		108,846			38,107			937,136
Operating expenses:
Development		593,648			1,161,091			4,505,295
Consulting		324,372			212,409			2,441,692
Sales and marketing		226,534			226,057			1,369,084
Management fees		122,500			113,000			1,141,886
Professional fees (note 8)		395,045			157,574			1,051,619
General and administrative		128,034			111,812			929,721
Travel		28,918			36,763			438,832
Rent and property taxes		91,231			120,856			429,590
Amortization of fixed assets		63,981			98,364			351,904
Interest on convertible debenture & notes		152,744			-			294,578
Interest and bank charges		2,244			1,294			149,348
Foreign exchange		-			1,250
Factory overhead		35,129			52,821			143,707
Amortization of Goodwill					19,773			108,937
Patents		38,094			26,797			82,380

		2,202,474			2,339,861			13,438,573


Loss for the period		(2,093,628	)		(2,301,754	)		(12,501,437	)

Deficit accumulated during development
stage, beginning of period		(10,407,809	)		(7,305,436	)		-


Deficit accumulated during development
stage, end of period	$	(12,501,437	)	$	(9,607,190	)	$	(13,066,173	)

Loss per share	$	(0.08	)	$	(0.09	)	$	-

Weighted average number of common shares
outstanding, excluding shares held
In escrow shares (note 3)		26,070,697			24,816,086

See accompanying notes to interim financial statements.

RTICA CORPORATION
(A DEVELOPMENT STAGE COMPANY)

Interim Consolidated Statements of Cash Flows
Nine month periods ended February 28, 2003 and 2002, and cumulative from inception
(Unaudited)


								Cumulative
								period from
								June 13, 1991
								(inception) to
		2003			2002			February 28,
								2003


Cash provided by (used in):
Operating activities:
Loss for the period	$	(2,093,628	)	$	(2,301,754	)	$	(12,501,437	)
Items not involving cash:
Interest on convertible debenture		-			-			115,970
Amortization		103,744			118,137			500,604
Interest paid by issue of preferred shares		40,504						40,504
Interest expense on converted loan		-			-			96,000
Expenses settled by issuance
of common shares		-			-			464,988
Foreign exchange		23,414			1,250			(2,189	)
Change in non-cash operating
working capital:
Accounts receivable including GST		(57,765	)		(88,577	)		(85,706	)
Prepaid expenses		(242	)		(2,435	)		(10,927	)
Inventory		(52,300	)					(52,300	)
Accounts payable and accrued liabilities		26,656			472,992			859,388

		(2,005,722	)		(1,704,843	)		(10,575,105	)
Financing activities:
Due to government					244,306			445,000
Issuance of convertible debentures		2,467,000			-			4,413,000
Issuance of common shares		300,000			163,850			2,782,167
Proceeds from promissory notes		(105,280	)		-			504,000
Issuance of special warrants		-			-			2,870,659
Exercise of share purchase warrants		-			-			553,541

		2,667,720			408,156			11,568,367
Investing activities:
Purchase of fixed assets		(63,741	)		(14,055	)		(686,200	)
Deferred development costs		-			-			(1	)
Cash acquired on reverse takeover		-			-			261,850

		(63,741	)		(14,055	)		(424,350	)
Foreign exchange gains held on foreign currency		-			(1,250	)		25,603

Change in cash and cash equivalents		590,362			(1,311,992	)		594,514
Cash and cash equivalents, start of period		4,152			1,394,051			-

Cash and cash equivalents, end of period	$	594,514		$	82,059		$

See accompanying notes to interim financial statements.

RTICA CORPORATION
(FORMERLY INZECO HOLDINGS INC.)
(A DEVELOPMENT STAGE COMPANY)

Notes to Interim Consolidated Financial Statements
Nine month period ended February 28, 2003
(Unaudited)

1.	Significant accounting policies:

	These interim financial statements have been prepared in accordance with accounting principles generally accepted in Canada (“Canadian GAAP”), and include estimates and adjustments which in the opinion of management are necessary in order to make the financial statements not misleading. Canadian GAAP differs in certain respects with those principles and practices that the Company would have followed had its financial statements been prepared in accordance with accounting principles and practices generally accepted in the United States. For a full description of accounting polices which have been applied on a consistent basis in these interim financial statements, refer to the Company's annual financial statements.

2.	Fixed Assets:


				Accumulated		Net Book		Net Book
		Cost		Amortization		Value		Value
						November 2002		May 2002


Machinery and equipment	$	592,926	$	291,881	$	301,045	$	295,243
Furniture		13,681		6,625		7,056		6,139
Vehicles		15,848		10,138		5,710		7,214
Computer hardware		63,782		43,258		20,524		25,940


	$	686,237	$	351,902	$	334,335	$	334,536

3.	Share capital:

	During the period, the Company completed a private placement of 1,000,000 units at $0.30 per unit. Each unit consists of one common share and one warrant entitling the holder to purchase one-half of a common share at $0.40 per share for a period of 24 months from the date of issuance.

	As of February 28, 2003, the Company had 36,119,636 common shares and 2,373,250 Company stock options outstanding. In addition, in conjunction with the private placement for share capital and convertible debentures undertaken in November 2002, the Company issued 453,333 broker compensation options outstanding exercisable at $0.345 per share and expiring in 18 months, and 120,000 broker options exercisable at $0.40 and expiring in 24 months.

RTICA CORPORATION
(FORMERLY INZECO HOLDINGS INC.)
(A DEVELOPMENT STAGE COMPANY)

Notes to Interim Consolidated Financial Statements

Nine month period ended February 28, 2003
(Unaudited)

3.	Share capital (continued):

	Using the treasury stock method, the weighted average number of common shares outstanding used in determining basic earnings per share excludes 9,298,939 of escrowed shares (2001: 9,298,939)

4.	Convertible debenture:

	During the period, the Company’s wholly owned subsidiary, RTICA Inc., issued $2.2 million in 12% convertible debentures due in 2007. These debentures are subject to a general security agreement and are convertible at the option of the holder at any time and subject to certain conditions into units consisting of one voting preference share and one warrant to purchase one additional preference share at $0.30 per unit. Each warrant entitles the holder to purchase one additional preference share at $0.40 per share. The debentures are subject to a number of other conditions including, for example, reduction of interest on the occurrence of certain events and take over protection provisions. The preference shares are also accompanied by a right to exchange them on a one-for-one basis with common shares of the Company. The investors have the conditional right under certain conditions to invest up to $1,000,000 under similar terms and conditions except that the conversion rate shall be $0.23 per share.

	During the nine month period ended February 28, 2003, RTICA Corporation raised $267,000 from the issuance of convertible debentures bearing interest at 10% annually, with interest calculated semi-annually in arrears at June 30 and December 31. Including amounts raised in the previous fiscal period, a total of $353,000 has been raised from these debentures. The holders have the right to convert the debenture into that number of units as is obtained by dividing the amount due (excluding interest) by $0.45. Each unit consists of one common share and one common share purchase warrant, which entitle the holder to purchase on common share for $0.54 per share for two years. After May 31, 2003 but prior to May 31, 2005, the Company may redeem the debentures for the principal amount, or issue such common shares by dividing the principal amount and interest accrued by an amount equal to the current market price of the Company's shares, provided such price exceeds $0.70 for one continuous calendar month from the date of the convertible debenture. As security for the payment and performance of obligations, the Company granted to the holders a security interest in the present and future undertaking and property of the Company, including but not limited to receivables, inventory, equipment, chattel paper, documents of title, intangibles, securities and instruments, and books and records.

RTICA CORPORATION
(FORMERLY INZECO HOLDINGS INC.)
(A DEVELOPMENT STAGE COMPANY)

Notes to Interim Consolidated Financial Statements

Nine month period ended February 28, 2003
(Unaudited)

5.	Due to government:

	The company has signed a contract with the National Research Council of Canada, whereby the Company is eligible to receive up to $445,000 as a repayable contribution for various projects carried out by the Company. Repayment of these contributions begins on January 1, 2004 based on 1% of the Company’s gross revenue up to a maximum of $667,500.

6.	Related party transactions:

	Amounts expended during the nine month period ended February 28, 2003 were as follows:


Type of service	Nature of relationship		February 28, 2003


Management fees	Shareholder, director and officer	$	122,000
Legal fees	Shareholder, director and officer		114,808

7.	Professional Fees:

	In connection with the private placement and convertible debenture financing transactions completed during the period, the Company incurred broker commissions of $79,500 and was required to reimburse third party legal fees in the amount of $108,000.

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, thereunto duly authorized.

	RTICA Corporation
	(Registrant)

Date April 22, 2003	By: /s/ Warren Arseneau
	*Warren Arseneau,
	President

* Print the name and title of the signing officer under his signature.

RTICA CORP 6-K