U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

(Mark One)
[X] ANNUAL  REPORT UNDER SECTION 13 OR 15(D) OF THE  SECURITIES  EXCHANGE ACT OF
1934

                     For the fiscal year ended June 30, 2005

[_] TRANSITION  REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES  EXCHANGE ACT
OF 1934

            For the transition period from ___________ to ___________

                        Commission file number: 000-50292

                                WIEN GROUP, INC.
                  --------------------------------------------
                 (Name of small business issuer in its charter)

           NEW YORK                                              30-0127996
-------------------------------                              -------------------
(State or other jurisdiction of                               (IRS Employer
incorporation or organization)                               Identification No.)

       525 WASHINGTON BLVD, JERSEY CITY, NEW JERSEY                 07310
       ---------------------------------------------             ----------
        (Address of principal executive offices)                 (Zip Code)

                                 (201) 216-0096
                                              ----------------------
                           (Issuer's telephone number)

Securities registered under Section 12(b) of the Exchange Act:

     Title of each class registered:  None

     Name of each exchange on which registered:  None

Securities registered under Section 12(g) of the Exchange Act:

                          Common Stock, par value $.01
                          -----------------------------
                                (Title of class)

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements for the past 90 days.

                               Yes [X]      No [_]

     Check if no  disclosure  of  delinquent  filers in  response to Item 405 of
Regulation S-B is contained in this form,  and no disclosure  will be contained,
to the best of  registrant's  knowledge,  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part III of this Form  10-KSB or any
amendment to this Form 10-KSB. [ ]

     The issuer had revenues from  operations  during the fiscal year ended June
30, 2005 of $10,000.

     The  Registrant has 7,379,272  shares of Common stock,  par value $0.01 per
share  outstanding  as of September 13, 2005.  Based on the closing bid price of
the issuer's  common stock on September 13, 2005, the aggregate  market value of
the  voting  stock held by  non-affiliates  of the  registrant  on that date was
$256,280.

     Check  whether the issuer is a "shell  company" as defined in Rule 12b-2 of
the Securities Exchange Act of 1934. Yes [X] No [_]

     Documents incorporated by reference:  None
     Transitional Small Business Disclosure Format (check one):  Yes [_] No [X]


<PAGE>


                                    CONTENTS

                                                                            PAGE
                                                                            ----
PART I

   Item 1.    Description of Business..........................................3
   Item 2.    Description of Property..........................................6
   Item 3.    Legal Proceedings................................................6
   Item 4.    Submission of Matters to a Vote of Security Holders..............6

PART II

   Item 5.    Market for Common Equity and Related Stockholder Matters.........6
   Item 6.    Management's Discussion and Analysis or Plan of Operation........7
   Item 7.    Financial Statements............................................11
   Item 8.    Changes in and Disagreements with Accountants on
                Accounting and Financial Disclosure...........................22
   Item 8A.   Controls and Procedure..........................................22

PART III

   Item 9.    Directors, Executive Officers, Promoters and Control Persons;
                Compliance with Section 16(a) of the Exchange Act.............23
   Item 10.   Executive Compensation..........................................25
   Item 11.   Security Ownership of Certain Beneficial Owners and Management..26
   Item 12.   Certain Relationships and Related Transactions..................27
   Item 13.   Exhibits .......................................................27
   Item 14.   Principal Accountant Fees and Services .........................27

SIGNATURES    ................................................................28



                           FORWARD-LOOKING STATEMENTS

This report contains forward-looking  statements. The forward-looking statements
include  all  statements  that  are  not  statements  of  historical  fact.  The
forward-looking  statements are often identifiable by their use of words such as
"may," "expect,"  "believe,"  "anticipate,"  "intend,"  "could,"  "estimate," or
"continue,"  or the negative or other  variations of those or comparable  terms.
Our  actual  results  could  differ  materially  from  the  anticipated  results
described  in the  forward-looking  statements.  Factors  that could  affect our
results   include,   but  are  not  limited  to,  those  discussed  in  Item  6,
"Management's  Discussion  and  Analysis  or Plan  of  Operation"  and  included
elsewhere in this report.


                                       2
<PAGE>


PART I

ITEM 1.  DESCRIPTION OF BUSINESS.

     (a)  Background

          Wien Group,  Inc., (the  "Company"),  was  incorporated in New York on
     March 18, 1968. The firm conducted a public  relations  business and traded
     in the  public  market  until  December  1991 when the  corporation  ceased
     operations.  The Company  remained  inactive until  September 1998 when the
     corporation reacquired its good standing status with the State of New York.
     We did not  conduct  any  business  prior to July  2001,  at which  time we
     initiated our current business.

     (b)  Narrative Description of Business

     BUSINESS OF THE COMPANY

          The  core  business  of  Wien  Group,  Inc.  is to  provide  corporate
     financial  advisory  services to small and emerging  companies that require
     advisory   services  to  continue  their  growth  within  their  respective
     industries.  We  primarily  focus  on the  manufacturing,  retail,  music &
     entertainment,  and health care industries. These services include: general
     corporate finance, merger and acquisition advisory services,  consulting on
     overall corporate strategy, facilitating asset-based lending, and arranging
     equipment-leasing contracts.

          We initiated our corporate financial advisory service business on July
     1,  2001,  by  entering  into  a  joint  venture   agreement   with  United
     Institutional  Investments,  Inc.,  ("United"),  a company  specializing in
     corporate  financing.  Until the joint venture  agreement was terminated by
     mutual  consent on March 17, 2004, we worked  jointly,  on a  non-exclusive
     basis,  with  United to provide  financial  advisory  services to small and
     emerging  growth  companies.  These services which we still provide include
     corporate finance, merger and acquisition advisory services,  consulting on
     overall corporate strategy, and facilitating asset-based lending.  Although
     we do not have any subsidiaries,  our joint venture with United was treated
     as a subsidiary in our financial statements.  We have no other subsidiaries
     or joint ventures.

          During the joint  venture's  operation,  contracts  were  signed  with
     companies such as First Step Distribution  Network and Zephyr Media LLC, to
     provide various  consulting  services.  These advisory services include the
     arranging of financing for operations and expansion, merger and acquisition
     advice,  and  representing  the  clients  with  regard to  introduction  to
     accredited  investors,  financial  institutions,  strategic  partners,  and
     potential clients.


                                       3
<PAGE>


          In addition to the contracts signed on behalf of the joint venture, we
     signed a number of contracts with clients to provide  advisory  services on
     our own. Among these companies are GSI Technologies  USA, Inc., Mobile Area
     Networks, Inc., Security Intelligence Technologies, Inc., a manufacturer of
     security surveillance equipment,  and Freedom Oil & Gas, Inc. All the above
     mentioned contracts have expired.

          Under  the  terms  of  the  contracts  mentioned  above,  we  received
     compensation  in the form of equity,  and in some cases,  a combination  of
     both  cash and  equity.  The  primary  reason  for this is that many of the
     companies  that require our services are in the early stage of  development
     and do not  have  the  financial  resources  to pay  our  fee in  cash.  We
     anticipate  that  this  payment  structure  will  remain  the  same for the
     foreseeable future. The amounts of compensation are different in all of the
     contracts,  and are dependent on the type of service provided,  the term of
     the  contract,  and the  transactions  consummated  during  the term of the
     contract.

     Corporate Financial Advisory Services Industry Overview

     GENERAL

          Companies offering corporate  financial advisory services vary in size
     and focus. Many of these companies consult and offer a variety of financial
     services,  including  arranging for private  placements  of equity,  bridge
     financing,  senior  debt,  and  asset-based  financing  and  seed  capital.
     Additionally,  they serve as advisors to companies  concerning  mergers and
     acquisitions,   disposition  of  assets,  reorganizations,   and  strategic
     planning.

     THE MARKET

          Management   believes  that  the  expanding  trend  of  globalization,
     combined  with  the  lifting  of free  trade  barriers,  will  continue  to
     encourage  corporations  to  expand  their  operations  into  international
     markets.  In many  cases,  this  is  accomplished  through  the  merger  or
     acquisition of domestic companies that have already established  operations
     in foreign countries.  These companies will require professional advice and
     support in, among other things,  accessing public markets to raise capital,
     valuing target companies, securing fairness opinions,  establishing overall
     corporate  global  policies,  and creating  joint  ventures  and  strategic
     alliances.

          Additionally,  some industries are currently  experiencing a period of
     consolidation.  In many cases,  consolidation  occurs through  transactions
     whereby large companies acquire or merge with successful  smaller entities.
     Management  believes these companies will also require  financial  advisory
     services.

     SERVICES

          For the past  twelve  months  management's  efforts  were  focused  on
     securing new clients, establishing a corporate finance department to better
     serve our clients, and to expand our


                                       4
<PAGE>


     presence within the industry through advertising and public relations.  Due
     to the lack of financial  resources  we were unable to achieve  these goals
     during the fiscal 2005.

     PRICING

          The fees for our  services  are  based on either a  percentage  of the
     contemplated  transaction or an estimate of the time and manpower and level
     of professional  expertise  needed to achieve the client's desired outcome.
     We review each project, and a fee structure is established and presented to
     the client. In many cases,  these fees may be paid either in cash,  equity,
     or a combination of both.

     COMPETITION

          The corporate  financial  advisory business is intensely  competitive.
     Many of our competitors have greater capital, financial and other resources
     than we do. We compete  for  clients  with other  merchant  banks,  a large
     number of investment  banks,  and venture capital firms.  Among these firms
     are Adams,  Harkness  and Hill - an  investment  bank  focused on  emerging
     growth companies, Bulkley Capital, LP - a financial advisory and investment
     firm serving middle market companies, Genesis Group - an investment banking
     group  providing  consulting,  venture  capital,  and corporate  finance to
     emerging growth companies, and JDA Partners - a private investment bank and
     advisory  firm helping small and middle  market  companies  meet their long
     term objectives.

          In addition  to  competition  from  domestic  and  foreign  firms that
     provide financial  advisory  services,  many domestic  commercial banks and
     investment  banking boutiques have also recently entered the business.  The
     Company expects further  competition from domestic and international  banks
     to  increase as a result of recent and  anticipated  U.S.  legislative  and
     regulatory  initiatives  to  remove  or  relieve  certain  restrictions  on
     commercial  banks. The Company's focus on growth companies also subjects it
     to  direct  competition  from a  group  of  boutiques  that  specialize  in
     providing services to the emerging growth company sector.  Such competition
     could  adversely  affect the Company's  operating  results,  as well as its
     ability to attract and retain highly skilled individuals.

          The principal  competitive  factors  influencing  our business are its
     professional staff, industry expertise,  client relationships,  and its mix
     of service capabilities.

     COMPANY HISTORY

          The Company was  incorporated  in New York on March 18, 1968. The firm
     conducted a public relations business and traded in the public market until
     December 1991 when the corporation ceased operations.  The Company remained
     inactive  until  September  1998 when the  corporation  reacquired its good
     standing status with the State of New York. We did not conduct any business
     operations  prior to July 2001,  at which  time we  initiated  our  current
     business.


                                       5
<PAGE>


ITEM 2.  DESCRIPTION OF PROPERTY.

     We currently  utilize on a month to month basis,  at no cost,  office space
consisting of approximately 1,000 square feet from Hudson Securities,  Corp., an
entity  formerly  controlled by our president  and  principal  shareholder  (see
CERTAIN  RELATIONSHIPS  AND  RELATED  TRANSACTIONS,  page  27)  located  at  525
Washington Blvd., Jersey City, New Jersey 07310. We anticipate moving our office
to another location during fiscal 2006.

ITEM 3.  LEGAL PROCEEDINGS.

     As of  the  date  hereof,  we  are  not  a  party  to  any  material  legal
proceedings,  and we are not aware of any such claims being contemplated against
us.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

     No matters were  submitted to a vote of security  holders during the fourth
quarter of the fiscal year ended June 30, 2005.

PART II

ITEM 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

MARKET INFORMATION

     Our common stock is traded on the  over-the-counter  Bulletin  Board system
(also known as OTC:BB), under the stock symbol, (WIGR).

     The  Over-The-Counter  Bulletin  Board system has  requirements  imposed on
companies that are listed in their systems.

     The  Over-The-Counter  Bulletin  Board System  requires  that the Company's
stock be  registered  with the  Securities  and  Exchange  Commission,  that the
Company  be  current  with  its  Securities  and  Exchange   Commission  filings
requirements,  and have at lease one (1) market maker. There are no requirements
as to stock price, bid and asked quotes,  number of shareholders,  the number of
shares held by each shareholder, or the number of shares traded.

     The Company's  certificate of incorporation  provides for the authorization
of  25,000,000  shares of Common  Stock,  $0.01 par value.  As of June 30, 2005,
3,697,000 shares of Common Stock were issued and 3,689,636 were outstanding, all
of which are fully paid and non-assessable.

     The high and low bid prices on the OTC  Electronic  Bulletin  Board for the
Common Stock were as follows.  These  quotations  reflect  inter-dealer  prices,
without retail mark-up,  or mark-down or commission and may not represent actual
transactions.


                                       6
<PAGE>


      YEAR ENDED JUNE 30, 2005                           HIGH           LOW

      Second Quarter (through December 31, 2004)         $0.13         $0.05
      Third Quarter (through March 31, 2005)             $0.13         $0.04
      Fourth Quarter (through June 30, 2005)             $0.15         $0.04

HOLDERS

     As of June 30, 2005, there were 97 shareholders of record.

DIVIDEND POLICY

     We have not declared or paid any cash  dividends on our common stock and do
not anticipate paying dividends in the foreseeable future. On June 24, 2005, the
Company's Board of Directors declared a two-for-one stock dividend of the common
stock payable on July 29, 2005 to shareholders of record as of July 11, 2005

RECENT SALES OF UNREGISTERED SECURITIES

     On July 6, 2004,  the Company  issued 200,000 shares of its common stock to
Buddy Young and 25,000  shares to Robert Geber,  directors of Wien Group,  Inc.,
for services  rendered.  As a result, the Company accrued a charge to operations
during the fiscal year ended June 30, 2004 in the amount of $45,000.

     On June 21, 2005,  the Company issued 100,000 shares of its common stock to
  Buddy Young, for services rendered.  As a result, the Company accrued a charge
  to operations in the amount of $14,000.

ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

CRITICAL ACCOUNTING POLICIES

REVENUE RECOGNITION

     We  recognize  income from  consulting  and  investment  banking  contracts
entered  into  with our  clients.  The  income is  recorded  when  services  are
rendered.  In instances where we receive securities in lieu of cash, the revenue
is recognized at the value of the services  rendered based on similar  contracts
that we have with our other clients or the value of the securities, whichever is
more readily determinable.

VALUATION OF INVESTMENTS

     Investments are valued at fair value.  Securities for which a public market
exists  are  valued at  quoted  market  prices at the  balance  sheet  date.  In
establishing the fair value of the non-publicly  traded securities,  we consider
the financial  condition and operating results of the portfolio  companies,  the
nature of the investment, the price of subsequent rounds of financing, and other


                                       7
<PAGE>


factors that we deem appropriate. The fair value of such investments is taken to
be  cost  unless  we  determine  that  such  valuation  is  no  longer  fair  or
appropriate.  Certain  of  the  companies  have  had  acquisition  transactions,
liquidity  events,  subsequent  rounds of financing,  lack of viability or other
events that could affect the ultimate realization of the investment.  Because of
the  inherent  uncertainty  of  valuation,  these  estimated  values  may differ
significantly  from the values that would have been used had a ready  market for
the  non-publicly  traded  securities  existed,  and the  differences  could  be
material.

SELECTED FINANCIAL INFORMATION

                                                    FISCAL YEAR ENDED JUNE 30,
                                                     2005                2004
                                                  ---------           ---------

Statement of Operations Data
Fee income .............................          $  10,000           $    --
Operating loss .........................          $ (90,871)          $(149,839)
Net loss after taxes ...................          $ (90,871)          $(149,839)


Balance Sheet Data
Total assets ...........................          $   9,097           $  54,558
Total liabilities ......................          $  16,525           $  50,615
Stockholder's (deficit) equity .........          $  (7,428)          $   3,943

GENERAL

Our revenue from  consulting and investment  banking was $10,000 in 2005 and $ 0
in 2004, an increase of $10,000 or 100%. Due to our current  limited  personnel,
we are concentrating  solely on our existing contracts.  As a result, we entered
into only two new contracts in 2005, compared to none with companies in 2004. We
received $10,000 in securities of Carnegie Cooke & Company Inc. common stock for
services rendered under one contract and we have not yet earned any compensation
from our other contracts.

Interest and dividend  income was $197 in 2005 and $2,382 in 2004, a decrease of
$2,185 or 92%. The decrease was due to our lower money market balances and lower
interest  rates.  We sold  securities  in 2005,  realizing  a net loss of $6,190
compared to a realized net gain of $17,074 in the prior year.

COSTS AND EXPENSES

     For the years  ended June 30,  2005 and 2004,  our  expenses  decreased  to
$94,878 in 2005 from $185,795 in 2004. This represents a decrease of $90,917, or
approximately  49%.  This decrease was due primarily to a decrease in consulting
fees of $61,000 and the prior year loss on note receivable of $30,628.

     Overall,  our losses  decreased  to $90,871 in 2005 from  $149,839 in 2004.
This represents a decrease of $58,968, or approximately 39%.


                                       8
<PAGE>


     As a result of the Company  utilizing  office space at no costs, we did not
have any rent expense during 2005 and 2004, (see  DESCRIPTION OF PROPERTY,  page
6).  Additionally,  our president  agreed not to take any salary until cash flow
permits.

PLAN OF OPERATION

     We have sought after potential business opportunities such as acquisitions,
mergers,  joint ventures or other transactions,  whether in related or unrelated
businesses with a view toward  enhancing  stockholder  value. Our agreement with
MM2 Group, Inc. is the result of our pursuit of this objective.

     On July 9, 2005, the Company entered into an acquisition agreement with MM2
Group,  Inc. ("MM2") and Wien Group,  Inc. (Wien NJ), a New Jersey  corporation.
Subject  to  the  completion  of  certain   conditions  and  other   performance
requirements,  the  Company  will  merge  with  Wien NJ,  with Wien NJ being the
surviving  corporation.  After  the  merger,  Wien NJ will  acquire  100% of the
outstanding  common stock of MM2. The  Company's  shareholders  will receive one
share of Wien NJ  class A common  stock  for  each  share  held and Wien NJ will
change  its  name  to MM2  Group,  Inc.  As part of the  transaction,  MM2  will
represent that it has $900,000 cash on its balance sheet as of the closing date,
that it will have,  pursuant to financing  documents  executed in March 2005, an
additional  $1,100,000  cash on its balance  sheet within 5 business days of the
date  on  which  we  (as  constituted  after  the  closing)  file  a  Form  SB-2
Registration  Statement that is deemed  effective by the Securities and Exchange
Commission,  and that it has, pursuant to financing  documents executed in March
2005, an equity line of credit facility for $10,000,000.

     As the  reverse  merger  is  subject  to  due  diligence,  there  can be no
assurance that it will be completed. Should the reverse merger not be completed,
we intend to  continue  to develop  our core  business  of  providing  corporate
financial  advisory  services  to small  and  emerging  companies  that  require
advisory services to continue their growth within their respective industry.  We
primarily will continue to focus on business in the manufacturing, retail, music
& entertainment,  and health care industries.  As stated earlier, these services
include:  general corporate finance,  merger and acquisition  advisory services,
consulting on overall corporate strategy,  facilitating asset-based lending, and
arranging equipment-leasing contracts. In order to move forward with our plan of
operation,  we anticipate  raising  additional  capital through either a private
placement or traditional  borrowing sources. If we are successful in our efforts
to raise substantial  capital,  management will seek to allocate a major portion
of these funds to increase  our ability to provide  corporate  finance  advisory
services to companies with which we have established a business relationship.

     On October 28, 2004 our stock was listed on the  Over-The-Counter  Bulletin
Board System.

     We will also work to  further  develop a network of  relationships  through
which potential  clients are  introduced.  This network is currently the primary
resource for originating  business. To further expand our client base we intend,
as soon as financial  resources  permit,  to commence a marketing  campaign that
involves print advertisements in targeted trade publications.


                                       9
<PAGE>


EMPLOYEES

     At June 30, 2005, we had two employees,  Stephen S. Wien, our President and
Chief  Financial  Officer and Mrs. Nicole  Naidrich,  who we engaged on March 3,
2005 to serve as the  Corporation's  Secretary.  Both Mr. Wien and Mrs. Naidrich
work on a part time basis for the  Company  and, to date,  have not  received or
earned  any  compensation.  In the  event  that cash  flow  from  operations  is
insufficient  to  permit  the  hiring of  additional  employees,  the  Company's
officers  and  directors  will  continue  to  operate  the  Company  for no cash
compensation  and they will not hire any new  employees.  Should  cash flow from
operations  be  sufficient,  we  intend to employ  additional  professional  and
administrative  staff. Until we are in a position to hire additional  employees,
our  administrative,  accounting  and legal  services  are handled by  unrelated
outside service companies.

LIQUIDITY AND CAPITAL RESOURCES

     On June 30, 2005, we had $9,097 in cash and cash  equivalents,  and on June
30, 2004, we had $47,058 in cash and cash equivalents.  We expect that cash from
operations  and the funds  provided to us under an agreement  with our President
and  majority  shareholder  to borrow up to $200,000 at 6% interest to cover any
cash shortfall through December 31, 2006, (see CERTAIN RELATIONSHIPS AND RELATED
TRANSACTIONS,  page  27),  will be  sufficient  to  satisfy  our  budgeted  cash
requirements  for at least the next 12 months.  As of June 30,  2005 the Company
has not borrowed any funds under the agreement.


                                       10
<PAGE>


ITEM 7.  FINANCIAL STATEMENTS.


                                WIEN GROUP, INC.

                              FINANCIAL STATEMENTS

                             JUNE 30, 2005 AND 2004

                                                                            PAGE
                                                                            ----
Item 1.  Financial Statements

         Report of Independent Registered Public Accounting Firm              12

         Balance Sheet
            June 30, 2005                                                     13

         Statements of Operations
            Years Ended June 30, 2005 and 2004                                14

         Statement of Changes in Stockholders' Equity (Deficit)
            Years Ended June 30, 2005 and 2004                                15

         Statements of Cash Flows
            Years Ended June 30, 2005 and 2004                                16

         Notes to Financial Statements                                        17


                                       11
<PAGE>


Board of Directors and Stockholders
Wien Group, Inc.
Jersey City, New Jersey

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We have audited the  accompanying  balance sheet of Wien Group,  Inc. as of June
30, 2005,  and the related  statements of operations,  changes in  stockholders'
equity  (deficit)  and cash flows for each of the two years in the period  ended
June  30,  2005.  These  financial  statements  are  the  responsibility  of the
Company's  management.  Our  responsibility  is to  express  an opinion on these
financial statements based on our audits.

We conducted  our audits in  accordance  with  standards  of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial  statement  presentation.   We  believe  that  our  audits  provide  a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects, the financial position of Wien Group, Inc. as of June 30,
2005,  and the results of its  operations and its cash flows for each of the two
years in the period ended June 30, 2005 in conformity with accounting principles
generally accepted in the United States of America.



/s/ Hays & Company LLP
----------------------
Hays & Company LLP

August 29, 2005
New York, New York


                                       12

WIEN GROUP, INC.

BALANCE SHEET
JUNE 30, 2005

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


ASSETS

Cash and cash equivalents .....................................       $   9,097
                                                                      =========


LIABILITIES AND STOCKHOLDERS' DEFICIT

LIABILITIES

Accrued expenses ..............................................       $  16,525
                                                                      ---------

STOCKHOLDERS' DEFICIT
Preferred stock, Series A convertible, $0.01 par
   value, 1,000 shares authorized, no shares issued ...........            --
Common stock; $0.01 par value, 25,000,000 shares
   authorized, 3,697,000 shares issued and
   3,689,636 outstanding ......................................          36,970
Additional paid in capital ....................................         295,030
Accumulated deficit ...........................................        (339,428)
Treasury stock, 7,364 shares at cost ..........................            --
                                                                      ---------
                                                                         (7,428)
                                                                      ---------

                                                                      $   9,097
                                                                      =========


--------------------------------------------------------------------------------
See Notes to Financial Statements


                                       13
<PAGE>


WIEN GROUP, INC.

STATEMENTS OF OPERATIONS
YEARS ENDED JUNE 30, 2005 AND 2004

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

                                                         2005           2004
                                                     -----------    -----------
REVENUE
Fee income .......................................   $    10,000    $      --
Interest and dividend income .....................           197          2,382
Realized (loss) gain on sale of securities .......        (6,190)        17,074
                                                     -----------    -----------
                                                           4,007         19,456
                                                     -----------    -----------

EXPENSES
Legal and accounting fees ........................        73,005         69,247
Loss on note and accrued interest receivable .....          --           30,628
Transfer agent fees ..............................         7,030          7,449
Consulting and directors fees ....................        14,000         75,000
Other expenses ...................................           843          3,471
                                                     -----------    -----------
                                                          94,878        185,795
                                                     -----------    -----------

Loss before gain on dissolution of joint venture .       (90,871)      (166,339)

Gain on dissolution of joint venture .............          --           16,500
                                                     -----------    -----------

Net loss .........................................   $   (90,871)   $  (149,839)
                                                     ===========    ===========

Basic and diluted net loss per share .............   $     (0.01)   $     (0.02)
                                                     ===========    ===========

Weighted average number of shares outstanding ....     7,178,587      6,312,422
                                                     ===========    ===========


--------------------------------------------------------------------------------
See Notes to Financial Statements


                                       14
<PAGE>


<TABLE>
WIEN GROUP, INC.

STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT)
YEARS ENDED JUNE 30, 2004 AND 2005

--------------------------------------------------------------------------------
<CAPTION>
                                                                                                   ACCUMULATED
                                                                                                      OTHER
                                COMMON STOCK       ADDITIONAL                   TREASURY STOCK    COMPREHENSIVE
                           ---------------------    PAID IN   ACCUMULATED   ---------------------    INCOME
                             SHARES      AMOUNT     CAPITAL     DEFICIT       SHARES     AMOUNT      (LOSS)
                           ---------   ---------   ---------   ---------    ---------   ---------   ---------
<S>                        <C>         <C>         <C>         <C>              <C>     <C>         <C>
BALANCE -
  JULY 1, 2003 .........   2,997,000   $  29,970   $ 168,030   $ (98,718)       7,364   $    --     $    --

Issuance of common stock
  for cash .............      25,000         250       4,750        --           --          --          --

Issuance of common stock
  in settlement of
  liabilities ..........     150,000       1,500      28,500        --           --          --          --

Issuance of common stock
  for services .........     200,000       2,000      38,000        --           --          --          --

Net loss ...............        --          --          --      (149,839)        --          --          --

Securities valuation
  adjustment ...........        --          --          --          --           --          --       (20,500)
                           ---------   ---------   ---------   ---------    ---------   ---------   ---------

BALANCE -
  JUNE 30, 2004 ........   3,372,000      33,720     239,280    (248,557)       7,364        --       (20,500)

Total comprehensive loss
  for the year ended
  June 30, 2004 ........        --          --          --          --           --          --          --


Issuance of common stock
  for services .........     325,000       3,250      55,750        --           --          --          --

Net loss ...............        --          --          --       (90,871)        --          --          --

Securities valuation
  adjustment ...........        --          --          --          --           --        20,500      20,500
                           ---------   ---------   ---------   ---------    ---------   ---------   ---------

Total comprehensive loss
  for the year ended
  June 30, 2005 ........        --          --          --          --           --          --          --


BALANCE -
  JUNE 30, 2005 ........   3,697,000   $  36,970   $ 295,030   $(339,428)       7,364   $    --     $    --
                           =========   =========   =========    =========   =========   =========    =========


<CAPTION>
                               TOTAL
                            STOCKHOLDERS'
                              EQUITY     COMPREHENSIVE
                             (DEFICIT)       LOSS
                             ---------    ---------
<S>                          <C>          <C>
BALANCE -
  JULY 1, 2003 .........     $  99,282

Issuance of common stock
  for cash .............         5,000

Issuance of common stock
  in settlement of
  liabilities ..........        30,000

Issuance of common stock
  for services .........        40,000

Net loss ...............      (149,839)    (149,839)

Securities valuation
  adjustment ...........       (20,500)     (20,500)
                             ---------    ---------

BALANCE -
  JUNE 30, 2004 ........         3,943

Total comprehensive loss
  for the year ended
  June 30, 2004 ........          --      $(170,339)
                                          =========

Issuance of common stock
  for services .........        59,000

Net loss ...............       (90,871)   $ (90,871)

Securities valuation
  adjustment ...........        20,500
                             ---------    ---------

Total comprehensive loss
  for the year ended
  June 30, 2005 ........          --      $ (70,371)
                                          =========

BALANCE -
  JUNE 30, 2005 ........     $  (7,428)
                              =========
</TABLE>


--------------------------------------------------------------------------------
See Notes to Financial Statements


                                       15
<PAGE>


WIEN GROUP, INC.

STATEMENTS OF CASH FLOWS
YEARS ENDED JUNE 30, 2005 AND 2004

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

                                                          2005           2004
                                                       ---------      ---------
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss .........................................     $ (90,871)     $(149,839)
                                                       ---------      ---------
Adjustments to reconcile net loss to net
cash used in operating activities
Gain on dissolution of joint venture .............          --          (16,500)
Securities received for services .................       (10,000)
Loss on note receivable ..........................          --           25,000
Issuance of common stock for services ............        14,000         40,000
Realized loss (gain) on sale of securities .......         6,190        (17,074)
Interest receivable ..............................          --            3,378
Accrued expenses .................................        10,910         24,049
                                                       ---------      ---------
Total adjustments ................................        21,100         58,853
                                                       ---------      ---------

NET CASH USED IN OPERATING ACTIVITIES ............       (69,771)       (90,986)
                                                       ---------      ---------

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sale of securities .................        34,110         22,074
Purchase of securities ...........................        (2,300)          --
                                                       ---------      ---------
NET CASH PROVIDED BY INVESTING ACTIVITES .........        31,810         22,074
                                                       ---------      ---------

CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common stock for cash ................          --            5,000
                                                       ---------      ---------

NET CHANGE IN CASH AND CASH EQUIVALENTS ..........       (37,961)       (63,912)

CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR ....        47,058        110,970
                                                       ---------      ---------

CASH AND CASH EQUIVALENTS - END OF YEAR ..........     $   9,097      $  47,058
                                                       =========      =========


--------------------------------------------------------------------------------
See Notes to Financial Statements


                                       16
<PAGE>


WIEN GROUP, INC.

NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2005 AND 2004
--------------------------------------------------------------------------------


1.       ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         ORGANIZATION

         Wien Group,  Inc. (the  "Company") was originally  incorporated  in New
         York in 1968 and became known as Wien Group,  Inc. in 1974. The Company
         conducted a public  relations  business and traded in the public market
         until December 1991 when the corporation ceased operations. The Company
         remained inactive until September 1998 when the corporation  reacquired
         its good  standing  status with the State of New York.  The Company did
         not conduct any  business  through  July 2001,  when it  initiated  its
         current business.

         The Company provides corporate financial advisory services to small and
         emerging  companies  that require  advisory  services to continue their
         growth within their respective industry.  The Company primarily focuses
         on the manufacturing,  retail,  music & entertainment,  and health care
         industries.  These services include:  general corporate finance, merger
         and  acquisition  advisory  services,  consulting on overall  corporate
         strategy,    facilitating    asset-based    lending,    and   arranging
         equipment-leasing contracts. The Company considers all of its corporate
         financial advisory services as operations in a single segment.

         The Company and its former joint venture  partner United  Institutional
         Investors,   Inc.   ("United")  had  begun  to  develop  a  network  of
         relationships  through which potential  clients were  introduced.  This
         network was the primary  resource for originating  business.  The joint
         venture  agreement was  terminated on March 17, 2004. To further expand
         its client base the Company  intends,  as soon as  financial  resources
         permit,   to  commence  a  marketing   campaign  that  involves   print
         advertisements in targeted trade publications.

         The financial statements through March 17, 2004 include the accounts of
         Wien Group, Inc. and United, its former consolidated joint venture. All
         significant    inter-company    transactions    were    eliminated   in
         consolidation.

         USE OF ESTIMATES IN PREPARATION OF FINANCIAL STATEMENTS

         The  preparation of financial  statements in conformity with accounting
         principles  generally accepted in the United States of America requires
         management to make estimates and  assumptions  that affect the reported
         amounts of assets and liabilities  and disclosure of contingent  assets
         and  liabilities  at the  date  of the  financial  statements  and  the
         reported amounts of revenues and expenses during the reporting  period.
         Actual results could differ from those estimates.


                                       17
<PAGE>


         CASH AND CASH EQUIVALENTS

         The Company  considers  all highly  liquid  investments  with  original
         maturities   when  purchased  of  three  months  or  less  to  be  cash
         equivalents. At times, such balances may exceed insured limits.

         SECURITIES

         Securities  that are classified as "available for sale" are recorded at
         fair value. Unrealized gains or losses are recorded net of income taxes
         as  accumulated  other  comprehensive  income or loss in  shareholders'
         equity,  whereas  realized  gains  and  losses  are  recognized  in the
         Company's  statements  of  operations  using  the  first-in,  first-out
         method.

         Securities for which a public market exists are valued at quoted market
         prices at the balance sheet date. In establishing the fair value of the
         non-publicly  traded  securities,  the Company takes into consideration
         the  financial  condition  and  operating  results of the company,  the
         nature of the investment,  the price of subsequent rounds of financing,
         and  other  factors  the  Company  deems  appropriate.  Certain  of the
         companies  have  had  acquisition   transactions,   liquidity   events,
         subsequent rounds of financing,  lack of viability or other events that
         could affect the ultimate realization of the investment. Because of the
         inherent  uncertainty of valuation,  these estimated  values may differ
         significantly  from the  values  that  would have been used had a ready
         market  for  the  non-publicly  traded  securities  existed,   and  the
         differences could be material.

         INCOME TAXES

         The Company  accounts  for deferred  income  taxes using the  liability
         method. The liability method requires the determination of deferred tax
         assets and liabilities  based on the differences  between the financial
         statements  and  income  tax bases of  assets  and  liabilities,  using
         enacted  tax rates and laws  currently  in  effect.  Additionally,  net
         deferred tax assets are adjusted by a valuation allowance, if, based on
         the weight of available evidence,  it is uncertain that some portion or
         all of the net deferred tax assets will not be realized.

         REVENUE RECOGNITION

         Fee income from financial  advisory  services is recorded when services
         are provided.  Securities received as payment for services are recorded
         at  either  the  value of the  services  rendered  or the  value of the
         securities received, which ever is more readily determinable.

         SIGNIFICANT CREDIT RISK

         Cash balances and securities are held by brokerage companies located in
         New York City and New Jersey.  Such amounts may at times exceed insured
         limits.


                                       18
<PAGE>


         NEW ACCOUNTING PRONOUNCEMENTS

         On December 16, 2004, the Financial Accounting Standards Board ("FASB")
         issued  Statement of Financial  Accounting  Standards  ("SFAS") No. 123
         (revised  2004),  "Share-Based  Payment." SFAS No. 123(R) would require
         the Company to measure all  employee  stock-based  compensation  awards
         using a fair  value  method and record  such  expense in its  financial
         statements.  In  addition,  SFAS No.  123(R)  will  require  additional
         accounting related to the income tax effects and additional  disclosure
         regarding  the cash flow effects  resulting  from  share-based  payment
         arrangements. For public entities that file as a small business issuer,
         SFAS No. 123(R) is effective for the first interim or annual  reporting
         period beginning after December 31, 2005.

         In  December  2004,  FASB  issued  SFAS No. 153 to amend  Opinion 29 by
         eliminating  the  exception  for  non-monetary   exchanges  of  similar
         productive  assets and replaces it with general exception for exchanges
         of  non-monetary  assets  that  do not  have  commercial  substance.  A
         non-monetary  exchange is defined to have  commercial  substance if the
         future cash flows of the entity are expected to change significantly as
         a result of the exchange.

         The  implementation  of these new  standards  is not expected to have a
         material effect on the Company's financial statements.

         BASIC AND DILUTED EARNINGS PER COMMON SHARE

         The Company displays earnings per share in a dual presentation of basic
         and diluted  earnings per share.  Basic  earnings per share includes no
         dilution  and is computed by dividing  net income or loss  available to
         common  shareholders  by the weighted  average  number of common shares
         outstanding  for the period.  Diluted  earnings  per share  include the
         potential dilution that could occur if securities or other contracts to
         issue common stock were exercised or converted into common stock.

         At June 30, 2005 and 2004,  the  Company did not have any common  stock
         equivalents,  and therefore,  basic and diluted  earnings per share are
         identical.

         On June 24, 2005, the Company's  Board of Directors  declared a 1 for 1
         stock  dividend  whereby,  on July 29,  2005,  each holder of record of
         common stock as of July, 11, 2005,  would receive one additional  share
         of common stock for each share then held.  For purposes of  calculating
         the weighted average shares  outstanding used in the earnings per share
         calculation,  the stock dividend has been retroactively applied for the
         years ended June 30, 2005 and 2004.


                                       19
<PAGE>


2.       SECURITIES

         Securities owned consist of publicly and non-publicly traded securities
         which are subject to certain selling restrictions.  Securities received
         for  services  are  valued  at  cost,  which  in  management's  opinion
         approximates  fair  value  due to lack  of  marketability  and  selling
         restrictions. During the year ended June 30, 2005, the Company sold its
         investment in Carnegie Cooke & Company Inc. for $10,374, which resulted
         in a realized  gain of $373.  During the year ended June 30, 2005,  the
         Company sold its  investment  in IWT Testoro  Corp.  for $18,437  which
         resulted in a realized gain of $10,937.  During the year ended June 30,
         2005, the Company reduced its carrying value of GSI  Technologies  USA,
         Inc. and Health Re-Nu, Inc. to zero and recorded a loss of $17,500.

         During the year ended June 30, 2004, the Company sold its investment in
         Security Intelligence Technologies, Inc. for $22,074, which resulted in
         a realized  gain of $17,074.  Also during the year ended June 30, 2004,
         the Company  reduced its carrying value of GSI  Technologies  USA, Inc.
         and Health  Re-Nu,  Inc. to zero and recorded a  comprehensive  loss of
         $20,500.

         Securities,  available for sale  consist,  of the following at June 30,
         2005 and 2004:

         SHARES                                         2005             2004
         ------                                       --------         --------

         7,500         IWT Testoro Corp.                 -              7,500


3.       COMMON STOCK TRANSACTIONS

         On June 21, 2005, the Company issued 100,000 shares of its common stock
         to a director of the Company,  for services rendered in accordance with
         the employees  consultants stock option plan (Note 6). As a result, the
         Company recorded a charge to operations in the amount of $14,000.

         On July 6, 2004,  the Company issued 225,000 shares of its common stock
         to directors for services rendered. As a result, the Company recorded a
         charge to  operations  in the amount of $45,000 for the year ended June
         30, 2004.

         The Company  issued  25,000  shares of its common stock during the year
         ended June 30, 2004 for total proceeds of $5,000.

         In January 2004,  the Company issued 150,000 shares of its common stock
         to consultants for services rendered. As a result, the Company recorded
         a charge to operations in the amount of $30,000.  The  consultants  are
         related to the Company's President.

         In February 2004, the Company issued 150,000 shares of its common stock
         to Wien Securities Corp. as settlement for the notes payable.


                                       20
<PAGE>


         In  February  2004,  the  Company's  attorney  settled  $10,000  of his
         outstanding  legal fees in exchange for 50,000  shares of the Company's
         common stock.

4.       INCOME TAXES

         The  Company  has  net  operating  losses  for  tax  purposes  totaling
         approximately  $257,000 at June 30, 2005 that are  available  to offset
         future  taxable  income and  expire in years  commencing  in 2021.  The
         Company  does not have any current  income tax expense in 2005 and 2004
         due to its taxable losses.

         Deferred income taxes consist of the following for the years ended June
         30:

                                                    2005        2004
                                                  --------    --------

         Deferred income tax benefit ..........   $ 20,000    $ 38,000
         Valuation allowance ..................    (20,000)    (38,000)
                                                  --------    --------
                  Net deferred tax benefit ....   $   --      $   --
                                                  ========    ========

         Deferred tax assets consist of the following at June 30, 2005 and 2004:

                                                    2005        2004
                                                  --------    --------

         Deferred tax asset - beginning of year   $ 62,500    $ 24,500
         Deferred income tax benefit ..........     20,000      38,000
         Valuation allowance ..................    (82,500)    (62,500)
                                                  --------    --------
         Deferred tax asset - end of year .....   $   --      $   --
                                                  ========    ========

         The Company has provided for a full valuation allowance on the deferred
         tax asset due to the uncertainty of its realization.

5.       RELATED PARTY TRANSACTIONS

         The Company's  offices are provided without rent by an entity which was
         formerly owned and controlled by the Company's  president and principal
         shareholder.

         The  Company's  president has agreed to lend the Company up to $200,000
         at 6% interest per annum, if considered necessary to provide additional
         working capital.

6.       EMPLOYEES-CONSULTANTS STOCK COMPENSATION PLAN

         During  2005 the  Company  established  the 2005  Employees-Consultants
         Stock  Compensation  Plan (the "Plan") effective May 13, 2005, to offer
         directors,   officers  and  selected   key   employees,   advisors  and
         consultants  an  opportunity  to acquire a proprietary  interest in the
         success of the Company,  to receive  compensation,  or to increase such
         interest,  by purchasing shares of the Company's common stock. The Plan
         provides both for the direct award or sales of shares and for the grant
         of options to purchase shares. Options


                                       21
<PAGE>


         granted under the Plan may include  non-statutory  options,  as well as
         incentive stock options.  The Company has registered  100,000 shares of
         its  common  stock  which  are  issuable  to  eligible   employees  and
         consultants under the Plan.

         As discussed in Note 3, the Company issued 100,000 shares to a director
         of the Company in accordance with the Plan.

7.       SUBSEQUENT EVENTS

         On July 9, 2005, the Company entered into an acquisition agreement with
         MM2 Group,  Inc.  ("MM2") and Wien Group,  Inc. (Wien NJ), a New Jersey
         corporation.  Subject to the completion of certain conditions and other
         performance  requirements,  the  Company  will merge with Wien NJ, with
         Wien NJ being the surviving corporation. After the merger, Wien NJ will
         acquire 100% of the  outstanding  common  stock of MM2.  The  Company's
         shareholders will receive one share of Wien NJ class A common stock for
         each share held and Wien NJ will change its name to MM2 Group, Inc.

         On  June  24,  2005,  the  Company's  Board  of  Directors  declared  a
         one-for-one stock dividend of the common stock payable on July 29, 2005
         to shareholders of record as of July 11, 2005. This stock dividend will
         result in the issuance of approximately  3.6 million  additional shares
         of  common  stock  and  will  be  accounted  for  by  the  transfer  of
         approximately  $36,000  from  capital  in excess of par value of common
         stock.

         The Company's  shareholders  approved the merger agreement at a meeting
         held on August 22, 2005.

ITEM 8.  CHANGES  IN  AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
         FINANCIAL DISCLOSURE.

     None

ITEM 8A. CONTROLS AND PROCEDURES.

     The  principal  executive  officer and principal  financial  officer of the
Company,  who are the same person ("the Certifying Officer") with the assistance
of advisors,  evaluated  the  effectiveness  of the design and  operation of the
Company's   disclosure   controls   and   procedures   (as  defined  in  section
240.13a-14(c) and 240.15d-14(c)  under the Exchange Act) within 90 days prior to
the filing of this annual  report.  Based upon the  evaluation,  the  Certifying
Officer  concludes  that the Company's  disclosure  controls and  procedures are
effective in timely alerting management to material  information relative to the
Company which is required to be disclosed in its periodic filings with the SEC.

     There were no significant  changes in the Company's internal controls or in
other factors that could  significantly  affect these controls subsequent to the
date of their  evaluation,  including  any  corrective  actions  with  regard to
significant deficiencies and material weaknesses.


                                       22
<PAGE>


PART III

ITEM 9.  DIRECTORS,   EXECUTIVE   OFFICERS,   PROMOTERS  AND  CONTROL   PERSONS;
         COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT.

     Directors are elected in accordance with our bylaws to serve until the next
annual  stockholders  meeting. We do not currently pay compensation to directors
for services in that  capacity.  However,  on July 6, 2004 we issued two hundred
thousand  (200,000)  shares of our common  stock to Buddy  Young and twenty five
thousand  (25,000)  shares of our common stock to Robert Geber as  consideration
for their  efforts  on behalf of the  Company.  On June 21,  2005 we issued  one
hundred  thousand  (100,000)  shares of our common stock to Buddy Young. We were
under no obligation  to issue any shares  either to Mr. Young or Mr. Geber,  but
elected to do so in appreciation of their efforts.

     Officers are elected by the board of directors  and hold office until their
successors are chosen and  qualified,  until their death or until they resign or
have been removed from office. All corporate officers serve at the discretion of
the board of directors.  There are no family relationships  between any director
or executive officer and any other director or executive officer of the Company.

SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

     Section 16(a) of the Securities Exchange Act of 1934 requires our directors
and executive  officers,  and persons who beneficially own more than ten percent
of a  registered  class of our  equity  securities  (referred  to as  "reporting
persons"),  to file with the Securities and Exchange  Commission initial reports
of  ownership  and  reports of changes in  ownership  of common  stock and other
equity  securities of the Company.  Reporting persons are required by Commission
regulations  to furnish us with copies of all Section 16(a) forms they file. Our
directors,  executive  officers  and persons who own more than 10% of our shares
are current with their filings.

MANAGEMENT

     The  following  table sets forth the current  officers and directors of the
Company:

     NAME                       AGE        POSITION
     ----                       ---        --------

     Stephen S. Wien            67         President, Chief Executive Officer,
                                           Chief Financial Officer, and Chairman

     Nicole Naidrich            32         Secretary

     Robert Geber               69         Director

     Buddy Young                70         Director


                                       23
<PAGE>


STEPHEN S. WIEN

     Since  1974 Mr.  Wien has  served  as our  chairman,  president,  and chief
executive  officer.  He is also our  principal  shareholder.  In addition to his
duties at the  Company,  from 1984  through June 30, 2004 he served as Executive
Vice President,  and a director of Wien Securities Corp., a NASD  broker-dealer.
For more than 40 years,  Mr.  Wien has worked in the  securities  industry  as a
trader and manager.  During that time, he served on the NASD Board of Governors,
the District  Business  Conduct  Committee  for District No. 12 (New York),  the
District  Arbitration  Committee,  and the NASD's  Nominating  Committee for the
National  Securities  Clearing  Corporation.  He has also held the  position  of
president of the New York  Securities  Dealers  Association and treasurer of the
Security  Traders  Association  of New  York.  Additionally,  he has acted as an
advisor to a number of  companies  in regard to the  raising of equity  capital,
mergers  and  acquisitions,  the  development  of  business  plans,  and overall
corporate strategy.

     Mr.  Wien  currently  serves on the board of  directors  of the Bone Marrow
Foundation,  is a past member of the board of directors  of Montammy  Golf Club,
and a former trustee of the Ft. Lee Jewish Community Center.

NICOLE NAIDRICH

     Mrs. Naidrich has served as Corporate Secretary since March 3, 2005. She is
the adult daughter of our principal  shareholder,  chief  executive  officer and
director,  Stephen S. Wien. Mrs.  Naidrich is a graduate of Syracuse  University
where she majored in communications. She started her career at Hudson Securities
in 1994, where she is currently employed as an assistant trader.

ROBERT GEBER

     A  member  of the  Board of  Directors  since  May 4,  2004,  Mr.  Geber is
presently a partner in Vortex,  Inc., a  consulting  and  brokerage  corporation
specializing  in  the  solid  waste  industry.  Mr.  Geber's  senior  management
positions  included  that of Chief  Executive  Officer at All American  Hauling,
which he co-founded in 1998;  and, of Senior  Operating  Officer of Alexander's,
Inc.,  a $500 million  revenue  department  store in the New York City area.  At
Alexander's,  he was responsible  for 10,000  employees in the chain's 16 stores
through eight direct  reports.  During this time, Mr. Geber was the Director and
President of the National Retail Loss-Prevention  Association,  and co-chaired a
committee with the New York City Police Department on  Public-Private  security.
After leaving  Alexander's he became Chief Operating Officer for Temco, a public
company in the commercial  maintenance business.  After this he became a private
investor.  In 1997, Mr. Geber was retained by the Savino Group, a privately held
hauling and recycling  company in Jersey City, New Jersey,  where he facilitated
its sale to one of the national hauling companies.

BUDDY YOUNG

     Appointed  to the board of  directors  on December 3, 2001,  Mr.  Young has
served  during the past 17 years as  president,  chief  executive  officer,  and
chairman of the board of  directors  of a number of publicly  traded  companies.
Since August 1996, he has also been engaged in a


                                       24
<PAGE>


privately  owned merger and  acquisition  business that does business  under the
name of  Advantage  Mergers and  Acquisitions.  From August 1998 until  February
2002,  he served as  president,  chief  executive  officer,  and a  director  of
Sporting Magic, Inc. From 1992 until July 1996, he served as president and chief
executive officer of Bexy Communications,  Inc. Both Sporting Magic's and Bexy's
stock was traded on the OTC Bulletin Board system. From June 1983 until December
1991, Mr. Young was president,  chief executive officer, and a director of Color
Systems  Technology,  Inc., a publicly  held  company  whose stock traded on the
American  Stock  Exchange.  Color Systems' major line of business was the use of
its  patented  computer  process for the  conversion  of black and white  motion
pictures to color. Prior to joining Color Systems, Mr. Young served from 1965 to
1975 as director of West Coast  advertising  and  publicity  for United  Artists
Corporation;  from  1975 to 1976,  as  director  of  worldwide  advertising  and
publicity for Columbia  Pictures Corp.;  from 1976 to 1979, as vice president of
worldwide advertising and publicity for MCA/Universal  Pictures,  Inc.; and from
1981 to 1982, as a principal in the motion picture  consulting  firm of Powell &
Young. For over thirty years, Mr. Young has been an active member of The Academy
of Motion Picture Arts and Sciences and has served on a number of  industry-wide
committees.

TERMS OF OFFICER AND DIRECTORS:

     Directors   are  elected  to  serve  until  the  next  annual   meeting  of
shareholders or until their respective successors are elected and qualified. The
executive  officers  of the  Company  are  elected  by the  Company's  Board  of
Directors.  Each executive  officer will hold office until his successor is duly
elected and qualified, until his resignation or until he shall be removed in the
manner provided by in the Company's By-Laws.

ITEM 10. EXECUTIVE COMPENSATION.

<TABLE>
<CAPTION>
                                      ANNUAL COMPENSATION                      LONG-TERM COMPENSATION
                           --------------------------------------     ---------------------------------------
                                                                                      Securities
Name and                                             Other Annual     Restricted      Underlying       LTIP     All other
Principal Position         Year    Salary   Bonus    Compensation     Stock Awards      Option        Payouts     Comp.
------------------         ----    ------   -----    ------------     ------------      ------        -------     -----
<S>                        <C>      <C>      <C>     <C>                 <C>             <C>            <C>        <C>

Stephen Wien,
CEO, CFO & Director
                           2002     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2003     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2004     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2005     -0-      -0-         -0-             -0-             -0-            -0-        -0-

Robert Geber,
Director (1)
                           2002     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2003     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2004     -0-      -0-     $ 5,000(1)          -0-             -0-            -0-        -0-
                           2005     -0-      -0-         -0-             -0-             -0-            -0-        -0-

Nicole Naidrich
Secretary
                           2004     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2005     -0-      -0-         -0-             -0-             -0-            -0-        -0-

Buddy Young,
Director (2)
                           2002     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2003     -0-      -0-         -0-             -0-             -0-            -0-        -0-
                           2004     -0-      -0-     $40,000(2)          -0-             -0-            -0-        -0-
                           2005     -0-      -0-     $20,000(3)          -0-             -0-            -0-        -0-
</TABLE>


                                       25
<PAGE>


(1)  As  compensation  for joining and serving as a director of the Company,  on
     July 6, 2004, 2004, the Company issued 25,000 shares of common stock to Mr.
     Geber.  At the time of the issuance,  the stock had no positive book value,
     and no market value.

(2)  As  compensation  for serving as a director  of the Company and  conducting
     some of the day to day operations of the Company, on July 6, 2004 we issued
     200,000  shares of common stock to Mr. Young.  At the time of the issuance,
     the stock had no  positive  book  value,  and no market  value.  Mr.  Young
     subsequently assigned 150,000 shares to Mr. L. Stephen Albright.

(3)  As  compensation  for serving as a director  of the Company and  conducting
     some of the day to day  operations  of the  Company,  on June  25,  2005 we
     issued  100,000  shares of common  stock to Mr.  Young.  At the time of the
     issuance, the stock had no positive book value, and no market value.

EMPLOYMENT AND CONSULTING AGREEMENTS

     We do not have any  employment  or  consulting  agreements  with any of our
executive officers. Other than the compensation paid to Mr. Young and Mr. Geber,
no other compensation has been paid or accrued to any officer or director during
the past three fiscal years.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     The  following  table  sets  forth  certain   information   concerning  the
beneficial  ownership of the Company's  outstanding  Common Stock as of June 30,
2005,  by  each  person  known  by us to own  beneficially  more  than 5% of the
outstanding  Common  Stock,  by each of our  directors  and by all directors and
officers of as a group.  Unless otherwise  indicated below, to our knowledge all
persons listed below have sole voting and investment power with respect to their
shares of Common Stock except to the extent that  authority is shared by spouses
under  applicable  law.  Unless  otherwise   indicated,   the  address  of  each
stockholder  listed in the table is 525 Washington  Boulevard,  Jersey City, New
Jersey 07310.

                                             NUMBER OF            PERCENTAGE OF
NAME                                        SHARES OWNED           CLASS OWNED
------------------------------------        ------------          -------------
Robert Geber, Director
525 Washington Boulevard
Jersey City, New Jersey 07310                   25,000                0.68%

Edith Wien (1)
525 Washington Boulevard
Jersey City, New Jersey 07310                  500,000               13.55%

Stephen S. Wien, CEO and Director
525 Washington Boulevard
Jersey City, New Jersey 07310                1,167,885               31.65%


                                       26
<PAGE>


Buddy Young, Director
525 Washington Boulevard
Jersey City, New Jersey 07310                  245,000                6.64%

Nicole Naidrich (2)
525 Washington Boulevard
Jersey City, New Jersey 07310                  150,000                4.07%

All Executive officers
and directors as a group (4 persons)         2,087,885               56.59%


(1)  Edith  Wien  is the  wife of our  principal  shareholder,  chief  executive
     officer and director, Stephen S. Wien.

(2)  Nicole Naidrich is the adult daughter of our principal  shareholder,  chief
     executive officer and director, Stephen S. Wien.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     We have an agreement with our President and majority  shareholder to borrow
up to $200,000 at 6% interest to cover any cash shortfall through June 30, 2006.
Repayment is to be made when funds are  available  with the balance of principal
and  interest due June 30,  2006.  As of September  13, 2005 the Company has not
borrowed any funds pursuant to the agreement.

ITEM 13. EXHIBITS

     The  following  documents  are  included or  incorporated  by  reference as
exhibits to this report:

     31.1 Certification of CEO Pursuant to Securities  Exchange Act Rules 13a-14
          and 15d-14,  as Adopted Pursuant to Section 302 of the  Sarbanes-Oxley
          Act of 2002. 31.2 Certification of CFO Pursuant to Securities Exchange
          Act Rules 13a-14 and 15d-14, as Adopted Pursuant to Section 302 of the
          Sarbanes-Oxley Act of 2002.

     32.1 Certification  Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant
          to Section 906 of the Sarbanes-Oxley Act of 2002.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

AUDIT FEES

     The  aggregate  fees  billed  for  professional  services  rendered  by our
principal  accountants  for the audit of our  financial  statements  and for the
reviews of the financial statements included in our annual report on Form 10-KSB
and 10-QSBs respectively, and for other services normally provided in connection
with  statutory  filings were $21,927 and  $16,000,  respectively,  in the years
ended June 30, 2005 and June 30, 2004.


                                       27
<PAGE>


TAX FEES

     We did not  incur  any  fees for tax  compliance  matters  rendered  by our
independent auditors during the years ended June 30, 2005 and June 30, 2004.

ALL OTHER FEES

     We did not incur any fees for other  professional  services rendered by our
independent auditors during the years ended June 30, 2005 and June 30, 2004.


SIGNATURES

     In accordance  with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Date:    September 23, 2005         WIEN GROUP, INC.

                                    By:      /S/ STEPHEN S. WIEN
                                             -----------------------------------
                                             Stephen S. Wien
                                             President, Chief Executive Officer
                                             and Chief Financial Officer


     In  accordance  with the Exchange Act, this report has been signed below by
the following  persons on behalf of the  registrant and in the capacities and on
the date indicated.


Date:    September 23, 2005         /S/ STEPHEN S. WIEN
                                    --------------------------------------------
                                    Stephen S. Wien
                                    President, Chief Executive Officer, Chief
                                    Financial Officer and Director (Principal
                                    Executive, Financial and Accounting Officer)



Date:    September 23, 2005         /S/ ROBERT GEBER
                                    --------------------------------------------
                                    Robert Geber
                                    Executive Vice President and Director


Date:    September 23, 2005         /S/ BUDDY YOUNG
                                    --------------------------------------------
                                    Buddy Young
                                    Director


                                       28