U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or

Section 17(a) of the Public Utility Holding Company Act of 1935 or

Section 30(f) of the Investment Company Act of 1940

[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

~~obligations may continue. See Instruction 1(b).~~______________________________________________________________________________________________________________

===============================================================================

1. Name and Address of Reporting Person*

~~Quilliam~~ Pierre Quilliam

~~-------------------------------------------------------------------------------~~2150 Northwest Parkway, S.E.

~~(Last) (First) (Middle)~~Suite H

~~18431~~Marietta, ~~Tyotown~~Georgia ~~Road~~30067

~~-------------------------------------------------------------------------------~~______________________________________________________________________________________________________________

2. Issuer Name and Ticker or Trading Symbol: Dicut, Inc. (~~Street~~DCUT)

~~Cornwall Ontario K6H 5R5~~______________________________________________________________________________________________________________

-------------------------------------------------------------------------------

(City) (State) (Zip)

===============================================================================

2. Issuer Name and Ticker or Trading Symbol

Dicut, Inc. "DCUT"

===============================================================================

3. IRS or Social Security Number of Reporting Person (Voluntary)

~~===============================================================================~~______________________________________________________________________________________________________________

4. Statement for Month/Day/Year: April 30, 2003

~~January 2002~~______________________________________________________________________________________________________________

~~===============================================================================~~5. If Amendment, Date of Original (Month/Day/Year): N/A ______________________________________________________________________________________________________________

5. If Amendment, Date of Original (Month/Year)

===============================================================================

6. Relationship of Reporting Person to Issuer

(Check all applicable)

[X ] Director [ X] 10% Owner

[X ] Officer (give title below) [ ] Other (specify below)

~~President and Secretary~~______________________________________________________________________________________________________________

===============================================================================

7. Individual or Joint/Group Filing (Check applicable line)

[X] Form filed by one Reporting Person

[ ] Form filed by more than one Reporting Person

~~===============================================================================~~______________________________________________________________________________________________________________

Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

~~or Beneficially Owned~~______________________________________________________________________________________________________________

===============================================================================

1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transactions (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock*	04/30/03		J		5,000,000	N/a	N/a	5,321,000	I	Shares owned by company controlled by reporting person

<TABLE>

1. Title of Security (Instr. 3)	2. Transaction Date (mm/dd/yy)	3. Transaction Code (Instr. 8) Code V	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)	6 Owner- ship Form: Direct (D) or Indirect (I) (Instr.4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/08/02	S	10,000	D	0.25		D
Common Stock	01/14/02	P	17,500	A	0.21		D
Common Stock	01/14/02	P	7,500	A	0.22		D
Common Stock	01/29/02	P	20,000	A	0.14		D
Common Stock	02/05/02	P	10,000	A	0.16		D
Common Stock	02/06/02	P	5,000	A	0.17		D
Common Stock	02/06/02	P	10,000	A	0.14		D
Common Stock	02/06/02	P	10,000	A	0.135		D
Common Stock	02/11/02	P	10,000	A	0.15		D
Common Stock	02/11/02	P	5,000	A	0.17		D
Common Stock	02/14/02	S	10,000	D	0.13		D
Common Stock	02/15/02	P	35,000	A	0.15		D
Common Stock	02/21/02	P	10,000	A	0.15		D
Common Stock	02/21/02	S	15,000	D	0.18		D
Common Stock	02/25/02	J*	100,000	D			D
Common Stock	02/25/02	S	5,000	D	0.11		D
Common Stock	02/25/02	S	5,000	D	0.10		D
Common Stock	02/25/02	S	15,000	D	0.09		D
Common Stock	02/27/02	S	10,000	D	0.11		D
Common Stock	02/27/02	S	10,000	D	0.10		D
Common Stock	03/01/02	V	10,000	D	0.11		D
Common Stock	03/01/02	V	10,000	D	0.15		D
Common Stock	03/04/02	V	10,000	D	0.145		D
Common Stock	03/05/02	V	10,000	D	0.13		D
Common Stock	03/06/02	V	15,000	D	0.12	1,000	D

Explanation of Responses:

*Mr. IfQuilliam ~~the~~contributed ~~Form~~5,000,000 isshares ~~filed~~of bythe ~~more~~common ~~than~~stock ~~one~~to ~~Reporting~~87807 ~~Person~~Canada, ~~see~~Ltd., ~~Instruction~~a Canadian corporation of which his wife is the sole owner.

If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

~~owned directly or indirectly.~~______________________________________________________________________________________________________________

~~Page~~Table 1II -- Derivative Securities Acquired, Disposed of, 2or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

FORM 4 (continued)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, of any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (month/date/year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of derivative Securities Beneficially Owned Following Reported Transaction (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

===============================================================================

9. 10.

Number Owner-

of ship

2. Deriv- of

Conver- 5. 7. ative Deriv- 11.

sion Number of Title and Amount Secur- ative Nature

of Derivative 6. of Underlying 8. ities Secur- of

Exer- 4. Securities Date Securities Price Bene- ity: In-

cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct

Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-

1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial

Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-

Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship

Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.

(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)

----------------------------------------------------------------------------------------------------------------------------------

==================================================================================================================================

</TABLE>

Explanation of Responses:

* The transaction dated 02/25/02 containing Transaction Code J was an in-kind exchange for consulting services.

/s/ Pierre Quilliam	April 30, 2003
Signature of Reporting Person	Date

~~/s/~~** ~~Pierre~~Intentional ~~Quilliam March~~misstatements ~~12,~~or ~~2002~~omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

~~--------------------- ----------------~~Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedures.

**Signature of Reporting Person Date

** Intentional misstatements or omissions of facts constitute Federal

Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed.

If space provided is insufficient, see Instruction 6 for procedures.

Page 2 of 2

Filing Compare · DICUT INC