SECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549 FORM 8-K Current ReportPursuant to Section 13 or 15(d) ofthe Securities Exchange Act of 1934 Date of Report: ~~January~~May 329, 2003 WINTER SPORTS, INC. (Exact Name of Registrant as Specified in its Charter) MONTANA(State or Other Jurisdiction of Incorporation)

0-15030 (Commission File No.)		81-0221770 (I.R.S Employer Identification No.)

3910 Big Mountain Road, Whitefish, Montana (Address of Principal Executive Offices)		59937 (Zip Code)

(406) 862-1900 (Registrant’s Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, If Changed Since Last Report)

Item 5 Other ~~Events~~events The Company’s Board of Directors has decided to place a temporary hold on their plans to construct a conference center in Big Mountain Village. The Board had requested management to move forward with designs and pricing for the construction of a conference center as well as various funding mechanisms to support the facility. Management presented its findings to the Board for an over 40,000 square foot building designed to meet the needs of the target market for conferences in the Pacific Northwest. After much discussion regarding the need to establish a hotel property in the village in coordination with the conference center, the project has been put on hold temporarily. Management has been researching the hotel industry and plans to discuss with various parties how to match the needs of Big Mountain Village with the economic needs of a hotel. Management expects to continue researching various possibilities during the next several months. In another area, management continues discussions with an entity to try to establish a non-equity members club for the residents of Glacier Village and some of the surrounding homeowners. It is hoped that this club will feature member facilities on the mountain as well as having a golf component to it. The Company hopes to make a formal announcement once negotiations are complete, estimated to be within the next 45 days. SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. Winter Sports, Inc.

OnMay ~~December 31~~29, ~~2002,~~2003 ~~the~~By ~~Company~~/s/ ~~entered~~Michael ~~into~~Collins a—————————————— ~~transaction~~Michael byCollins ~~which~~President ~~the~~& ~~Company~~Chief ~~will~~Executive ~~acquire~~Officer 52(Principal ~~acres~~Executive of land adjacent to the eastern boundary of the Resort. This acquisition represents the first parcel obtained under the option agreement the Company entered into a year ago. This tract of land is currently being analyzed for its potential for additional year round activities at the Resort. The property which is to be acquired is intended to be part of a reverse exchange. Thus, the rights that the Company had to acquire the property were assigned to a Montana limited liability company named REVX-254 LLC, which is acting in the capacity as an exchange accommodator for the reverse exchange. The property is thus presently owned by the exchange accommodator. The Company anticipates that other unrelated land of the Company will be sold within 180 days of the date the 52-acre parcel was acquired by the exchange accommodator, and when the other unrelated land is sold, the 52-acre parcel will be replacement property for that unrelated property pursuant to a like-kind exchange under Section 1031 of the Internal Revenue Code. The purchase of the 52-acre property was financed with a 90-day note from Whitefish Credit Union, a related party. The proceeds of this borrowing were then loaned to the exchange accommodator on a non-recourse basis to acquire the 52-acre parcel. It is anticipated that the note from the Company to the Whitefish Credit Union will be repaid from the Company’s operating line of credit in the near future.Officer)

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Winter Sports, Inc.

January 3, 2003 By /s/ Michael Collins —————————————— Michael Collins President & Chief Executive Officer (Principal Executive Officer)

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