|   | U.S. SECURITIES AND EXCHANGE COMMISSION |   |
|--------|-----------------------------------------|--------|

| Washington, D.C. 20549 |
|------------------------|

| Form 10-KSB |
|-------------|

| [X] | Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934for the Fiscal Year Ended June 30, 2005 |
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| [ ] | Transition Report Under Section 13 or 15(d) of the Securities Exchange Act of 1934for the Transition Period From ________ to ________ |
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| Commission File No. 0-31765 |
|-----------------------------|

|   | Tabatha IV, Inc. |   |
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| (Name of Small Business Issuer in its Charter) |
|------------------------------------------------|

|   | Colorado                                                      |   | 84-1536520                          |   |
|--------|---------------------------------------------------------------|--------|-------------------------------------|--------|
|   | (State or Other Jurisdiction ofIncorporation or Organization) |   | (IRS Employer IdentificationNumber) |   |

|   | 2735 Villa Creek, Suite 175, Dallas, Texas 75234             |   |
|--------|--------------------------------------------------------------|--------|
|   | (Address of Principal Executive Offices, Including Zip Code) |   |

|   | (469) 522-6222                                   |   |
|--------|--------------------------------------------------|--------|
|   | (Issuer's Telephone Number, Including Area Code) |   |

|   | Securities Registered under Section 12(b) of the Exchange Act: None |   |
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| Securities Registered under Section 12(g) of the Exchange Act: Common Stock |
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| Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of theExchange Act during the past 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2) has been subject of such filing requirements for the past90 days. Yes [ ] No [ X ] |
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| Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation S-Bcontained in this form, and no disclosure will be contained, to the best of registrant'sknowledge, in definitive proxy or information statements incorporated by reference in Part IIIof this Form 10-KSB or any amendment to this Form 10-KSB. [ ] |
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| Registrant's revenues for its most recent fiscal year were $224,884. |
|----------------------------------------------------------------------|

| The aggregate market value of the voting stock held by non-affiliates computed based on theclosing price of such stock as of March 8, 2006, was $-0-. |
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| The number of shares outstanding of the issuer's common equity as of March 8, 2006, was75,812,500 shares of common stock, no par value. |
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| Documents Incorporated by Reference: (i) Current Report on Form 8-K, date of event: May13, 2005; and (ii) Current Report on Form 8-K, date of event: September 18, 2005. |
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| Transitional Small Business Disclosure Format (check one): Yes [ ] No [ X ] |
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|         |
|--------------|
| <PAGE> |
|         |

| PART I |
|--------|

|   |
|--------|

| Item 1. | Description of Business |
|---------|-------------------------|

| Corporate Headquarters |
|------------------------|

| Our corporate headquarters are located at 2735 Villa Creek, Suite 175, Dallas, Texas 75234.Our telephone number is (469) 522-6222; our fax number is (469) 522-6225; our company’sweb address is www.humanitycapital.com. |
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| Business Acquisition; Change in Control; Change in Business |
|-------------------------------------------------------------|

| On May 13, 2005, pursuant to an agreement and plan of reorganization, we acquired all of theoutstanding capital stock of Humanity Capital, Inc., a Texas corporation engaged in thetemporary staffing industry, by issuing 67,500,000 shares, or approximately 90%, of ourcommon stock to the sole shareholder of Humanity Capital.  At the time of this change-in-control transaction, Humanity Capital was 100% owned by Camelle H. Gann.  Subsequent tothis transaction, Mrs. Gann transferred all of the acquisition shares to her husband, Scott B.Gann.  Mr. Gann is our Chairman and controlling shareholder. |
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| Humanity Capital is our only subsidiary and our business operations are conducted exclusivelyby Humanity Capital.  References to “us”, “we” and “our” include Humanity Capital, unlessotherwise indicated. |
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| Background |
|------------|

| We provide temporary staffing services to the light industrial, hospitality and restaurantindustries in the Dallas/Fort Worth, Texas, metro area.  We have provided these services sinceour inception in February 2005. |
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| Our temporary staffing services are designed to improve the productivity and profitability ofsmall and medium-sized businesses, primarily in the light industrial, hospitality and restaurantindustries, performing fulfillment, culinary and cleaning tasks.  We believe our services offerthese businesses payroll certainty and relieve them of many employer-related administrativeand regulatory burdens, thereby allowing them to focus on their businesses’ revenue producingactivities. |
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| Business Development |
|----------------------|

| We plan to expand our business primarily through the acquisition of private companies in thetemporary staffing industry that provide the temporary staffing and related services with whichwe are familiar.  We intend to pursue acquisitions of private staffing companies, first, in ourcurrent market, and, next, in other markets.  Our management has determined that, byacquiring existing temporary staffing companies, we will become better able to: |
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| - | recruit well-trained, high-quality professionals; |
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| - | expand our service offerings; |
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| - | gain additional industry expertise; |
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| - | broaden our client base; and |
|---|------------------------------|

| - | expand our geographic presence. |
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| To this end, we have recently signed separate letters of intent to acquire either the assets or alloutstanding equity securities of three privately-held temporary staffing companies located inthe Dallas/Fort Worth metro area.  Each of these proposed acquisitions is expected to be madeprimarily for cash in the total approximate amount of $12,000,000.  While we do not currentlyhave the cash reserves to consummate any of these proposed acquisition transactions, ourmanagement believes that it has located a lending source that is amenable to financing each ofthese acquisitions and is currently negotiating the financing terms with respect to eachproposed acquisition.  We cannot assure you that we will be successful in securing thenecessary financing for these transactions. |
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| Our management intends to pursue aggressively acquisition opportunities for the foreseeablefuture.  Future acquisitions may be made by us for cash, shares of our common stock or acombination thereof.  We cannot assure you that, with respect to any future acquisitionopportunity, required financing will be available to us on acceptable terms.  Our managementbelieves it is likely that, after our common stock begins to trade in the public markets, it willbe more likely that owners of potential acquisition candidates would be more willing to selltheir companies for shares of our common stock rather than for a significant sum of cash,although we cannot assure you that this will be the case.  Any potential acquisition made withshares of our common stock would likely require the issuance of large number of our shares,which would have a dilutive effect on our then-current shareholders.  We do not, however,anticipate that an acquisition of other temporary staffing companies, if any, would result in achange in control of our company.  Nevertheless, should an acquisition result in a change ofcontrol, our current management may not be able to implement our current business plan,which could result in a new business plan by the new owners, which business plan may differor completely deviate from our current business plan. In this circumstance, no assurances canbe made of our future operations. |
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| General |
|---------|

| We provide human resource services, which include recruiting, training and placement oftemporary personnel, to the light industrial, hospitality and restaurant industries.  During thefirst six weeks of 2006, we have averaged 130 temporary staffing employees.  Currently, wehave approximately 42 client-companies to whom we provide our temporary staffing services. |
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| Temporary staffing companies, in general, provide one or more of three basic services to theirclient companies:  (a) flexible staffing; (b) placement and search; and (c) outplacementservices.  The temporary staffing industry consists of a number of sectors focusing on businessneeds that vary widely in duration of assignment and level of technical specialization. |
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| We are a new competitor in the local Dallas/Fort Worth, Texas, metro market, having begunour business in February 2005.  Our long-term strategy is to expand first into other majormarkets within the State of Texas, through organic growth or the acquisition of one or morecompetitors. Only after our initial expansion plans have been successful will we expand intoother states. |
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| Temporary Staffing Services |
|-----------------------------|

| Since its inception, Humanity Capital has focused on providing our client-companies’temporary staffing needs, targeting opportunities in a fragmented, growing market that ourmanagement believes has been underserved by large, full-service staffing companies.  Webelieve our temporary staffing services provide significant benefits to our client-companies,including the ability to outsource the recruiting and many logistical aspects of their staffingneeds and to convert the fixed cost of employees to the variable cost of outsourced services.Our primary payroll administration services and aggregation of statutory and non-statutoryemployee benefits services include: |
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| - | Payroll Administration Services: we are responsible for our temporary staffing serviceemployees’ payroll and attendance record-keeping, payroll tax deposits, payroll taxreporting, all federal, state, and payroll tax reports (including 941s, 940s, W-2s, W-3s,W-4s and W-5s), state unemployment taxes, employee file maintenance,unemployment claims and monitoring and responding to changing regulatoryrequirements. |
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| - | Aggregation of Statutory and Non-Statutory Employee Benefit Services: we provideworkers’ compensation and unemployment insurance to our temporary staffing serviceemployees. Workers’ compensation is a comprehensive insurance program thatrequires employers to fund medical expenses, lost wages and other costs that resultfrom work related injuries and illnesses, regardless of fault and without anyco-payment by the employee.  Our human resources and claims administrationpersonnel monitor and review workers’ compensation for loss control purposes. |
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| With respect to our temporary staffing personnel, we are the employer of record.  As such, weare responsible for compliance with applicable employment regulations, including compliancewith workers’ compensation and state unemployment laws.  As part of our basic services, weconduct an analysis of a client-company’s human resource needs.  This analysis includes thereview of employee work schedules and productivity data, among other pertinent data.  Basedon this analysis, we recommend basic and additional staffing services to a client-company.Thereafter, we recruit, interview and qualify candidates for available positions at our client-company, in line with our recommended staffing strategy. |
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| We provide certain other services to our temporary staffing client-companies on afee-for-service basis.  These services include screening, recruiting, training, workforcedeployment, loss prevention and safety training, pre-employment testing and assessment,background searches, compensation program design, customized personnel managementreports, job profiling, turnover tracking and analysis, drug testing policy administration,affirmative action plans, opinion surveys and follow-up analysis, and exit interviews andfollow-up analysis. |
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| Our temporary staffing employees will, on average, work a 35 hour work week for a client-company, and will, on average, work for a single client-company per month.  Our employeeswork an average of 21 days per month.  Each temporary staffing employee is interviewed,tested and screened to meet the various requirements of our client-companies.  For long-termand “temp-to-hire” positions, our client-companies will also interview potential employees andselect the ones they deem to be best suited for the available positions. |
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| Marketing and Sales |
|---------------------|

| We conduct our marketing and sales efforts from our office in Dallas.  Currently, we employtwo sales personnel, with the intention of adding additional sales personnel during the first halfof 2006.  In general, client companies are secured through face-to-face sales and assessmentmeetings conducted by sales personnel. |
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| Our organic growth model, once our company matures, generates sales leads from five primarysources: direct sales efforts, advertising, referrals, marketing alliances and the Internet.  Theseleads are expected to result in initial presentations to prospective client-companies and,ultimately, a predictable number of client-company census reports.  A prospective client-company’s census report reflects information gathered by the sales representative about theprospect’s employees. From this information, we would present our bid and attempt to securethe prospect’s business. |
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| Customers |
|-----------|

| We serve client-companies located in Dallas, Tarrant and Collin Counties in the Dallas/FortWorth metro market.  Since our inception, our average weekly number of employees hasincreased steadily, as follows: |
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|   | Month/Year |   | Average WeeklyNumber

of Employees |   |
|--------|------------|--------|------------------------------------|--------|

|   | February 2005 |   | 10 |   |
|--------|---------------|--------|----|--------|

|   | March 2005 |   | 33 |   |
|--------|------------|--------|----|--------|

|   | April 2005 |   | 47 |   |
|--------|------------|--------|----|--------|

|   | May 2005 |   | 89 |   |
|--------|----------|--------|----|--------|

|   | June 2005 |   | 112 |   |
|--------|-----------|--------|-----|--------|

|   | July 2005 |   | 95 |   |
|--------|-----------|--------|----|--------|

|   | August 2005 |   | 135 |   |
|--------|-------------|--------|-----|--------|

|   | September 2005 |   | 146 |   |
|--------|----------------|--------|-----|--------|

|   | October 2005 |   | 142 |   |
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|   | November 2005 |   | 145 |   |
|--------|---------------|--------|-----|--------|

|   | December 2005 |   | 165 |   |
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|   | January 2006 |   | 160 |   |
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|   | February 2006 |   | 191 |   |
|--------|---------------|--------|-----|--------|

| Our revenues have grown proportionately during the months listed above.  However, we haveyet to earn a profit. |
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| We currently have temporary staffing agreements with approximately 42 client-companies.Our five largest client-companies are:  HS Floral, Duro Metals, General Aluminum, ActionWindoor and Dexas International. |
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| It is our strategy to diversify our base of client-companies, in an effort to minimize the effectsof a downturn in one of these industries or by general economic conditions within the smalland medium-sized business community. |
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| We focus heavily on client-company retention.  Since our inception, our client-companyretention record has been reasonably strong.  However, due to our short operating history, it isdifficult to provide any prediction with respect to our future client-company retention rates. |
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| Competition |
|-------------|

| The temporary staffing services industry is highly fragmented, with few barriers to entry andnew competitors frequently entering the market.  We compete in our market with small, localproviders (including Sterling Personnel, Tex Staff, Royal Staffing and H. Rosllin Staffing),regional providers (including StaffForce) and national providers (including Snelling Personnel,Addeco, S.A., Spherion, Kelly Services, Inc. and Manpower, Inc.).  A large percentage of ourcompetitors possess greater marketing, financial and other resources than do we.  We may notbe able to compete successfully in our market. |
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| Our management believes that, by focusing primarily on customer service, we enjoy acompetitive advantage over many of our competitors that attempt to provide a broader range ofstaffing services.  We also believe that by targeting small and medium-sized businesses, wecan gain certain competitive advantages.  However, we cannot assure you that this will be thecase. |
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| We believe that several factors contribute to obtaining and retaining client-companies in thetemporary staffing industry.  These factors include an ability to understand clients-companies’temporary staffing requirements, the ability to provide the correct number of employees ontime, the ability to monitor job performance and the ability to offer competitive prices.  Webelieve we offer competitive temporary staffing services. |
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| To attract qualified candidates for flexible employment assignments, companies like HumanityCapital must offer competitive wages, positive work environments, flexibility of workschedules, an adequate number of available work hours and, in some cases, vacation andholiday pay. Our management believes that we are reasonably competitive in these aspects ofour business, although we cannot assure you that we will maintain a competitive standing inthe future. |
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| Industry Regulation |
|---------------------|

|   | Overview. |
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|   | As an employer, we are subject to federal, state and local laws and regulations thatgovern employer-employee relationships and affect businesses generally.  These lawsand regulations relate to our employees at client-company work sites. We assume thesole responsibility and liability for the payment of federal and state employment taxeswith respect to wages and salaries paid to our employees.  Our payroll tax liability forthe three months ended December 31, 2005, was $74,119.  Currently, we aredelinquent with respect to these federal payroll tax liabilities. |
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|   | Employee Benefit Plans. |
|--------|-------------------------|

|   | In the future, we plan to offer various benefit plans to our temporary staffingemployees.  These plans may include a multiple-employer retirement plan, a cafeteriaplan, a group health plan, a group life insurance plan, a group disability insurance planand an employee assistance plan.  We have not established a specific timetable for theimplementation of any such employee benefit plan. |
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|   | Generally, employee benefit plans are subject to provisions of both the InternalRevenue Code and the Employee Retirement Income Security Act of 1974, as amended(“ERISA”).  In order to qualify for favorable tax treatment under the Internal RevenueCode, benefit plans must be established and maintained by an employer for theexclusive benefit of that employer’s employees. It is possible that, upon examination,the IRS could determine that we were not the employer of our temporary staffingemployees under Internal Revenue Code provisions applicable to employee benefitplans.  If this circumstance were to arise, those employees affected would be unable toqualify for tax-favored contributions to our multiple-employer retirement plans orcafeteria plan, assuming they are established by us.  If such determination were appliedretroactively, employees’ vested account balances could become taxable immediately,we could lose our tax deduction to the extent the contributions were not vested, theplan trust could become a taxable trust and penalties could be assessed.  In such ascenario, we could face the risk of potential litigation initiated by one or more of ourclient-companies.  Any such retroactive application by the IRS of an adversedetermination could have a material and adverse effect on our financial position,results of operations and liquidity. |
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|   | ERISA also governs employee pension and welfare benefit plans.  The United StatesSupreme Court has held that the common law test of employment must be applied todetermine whether an individual is an employee or an independent contractor underERISA.  If we were found not to be an employer for ERISA purposes, our employeebenefit plans would not be covered by ERISA.  As a result of such a finding, we andour employee benefit plans would not enjoy the preemption of state law provided byERISA and could be subject to varying state laws and regulations, as well as to claimsbased upon state common law. |
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|   | Workers’ Compensation. |
|--------|------------------------------|

|   | Workers’ compensation is a comprehensive insurance program that requires employersto fund medical expenses, lost wages and other costs resulting from work-relatedinjuries and illnesses.  In exchange for providing workers’ compensation coverage foremployees, employers are generally immune from any liability for benefits in excess ofthose provided by the relevant state statutes.  In most states, the extensive benefitscoverage for both medical costs and lost wages is provided through the purchase ofcommercial insurance from private insurance companies, participation in state-runinsurance funds, self-insurance funds, or, if permitted by the state, employerself-insurance.  Workers’ compensation benefits and arrangements vary on astate-by-state basis and are often highly complex. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We record our Texas state unemployment tax expense based on taxable wages and taxrates assigned by the State of Texas.  Texas unemployment tax rates have increasedover the last several years and are expected to continue to increase, though noprediction in this regard can be made. |
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| Corporate Office Employees |
|----------------------------|

| Currently, we have nine corporate office and sales employees and believe our relations withthese employees to be good.  None is covered by a collective bargaining agreement. |
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| Risks Concerning Our Business |
|-------------------------------|

|   | Because we have only recently begun our business operations, an investment in ourcommon stock is risky and investors could lose their entire investments. |
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|   | We began our temporary staffing services business in February 2005 and have neverearned a profit.  We cannot assure you that our business will ever earn a profit. |
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|   | We depend on our officers; the loss of any of these persons could disrupt its operations,adversely affect our business and result in reduced revenues. |
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|   | Our future success will depend on the continued services and on the performance ofour officers and, as we grow, other key employees.  We have not entered intoemployment agreements with any of our officers. The loss of their services for anyreason could seriously impair our ability to execute our business plan, which couldhave a materially adverse effect on our business and results of operations.  We have notpurchased any key-man life insurance. |
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|   | Our lack of operating history makes it difficult to evaluate and predict our revenues andexpenses. |
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|   | We do not have a significant operating history upon which you can evaluate ourbusiness, which makes a purchase of our common stock speculative in nature. |
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|   | We may never earn a profit. |
|--------|-----------------------------|

|   | Because we are a new company, we cannot assure you that we will ever earn a profitfrom our temporary staffing services.  Our company’s future success depends on ourability to operate profitably, which we have never done. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The temporary staffing industry is marked by extreme competition, with limitedbarriers to entry. |
|--------|--------------------------------------------------------------------------------------------------|

|   | The temporary staffing industry is highly fragmented and extremely competitive andthere are limited barriers to entry. We are a small competitor in the Dallas/Fort Worthmetro market and compete against larger local, regional and national temporarystaffing companies.  Many of our competitors offer a broader range of products andservices.  Also, many competitors possess substantially greater financial and marketingresources than do we.  Because we face significant competition in the market we serve,it is possible that we will not be able increase our market share.  We cannot assure youthat we will be able to compete successfully in our chosen markets. |
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|   | We are subject to a wide range of employer-related potential liabilities. |
|--------|---------------------------------------------------------------------------|

|   | Temporary staffing companies employ and place people in the workplaces of otherbusinesses. Inherent risks include possible claims of errors and omissions, misuse ofclient proprietary information, misappropriation of funds, discrimination andharassment (including claims relating to actions of the temporary staffing company’sclients), employment of illegal aliens, theft of client property, other criminal activity,negligence and other claims.  A failure of any employee to observe our policies andguidelines intended to reduce exposure to these risks, relevant client policies andguidelines, or applicable federal, state or local laws, rules and regulations, or othercircumstances that cannot be predicted, could result in negative publicity, injunctiverelief, payment of monetary damages or fines or have other material adverse effects.Due to our number of temporary staffing employees, our exposure to such claims maybe significantly greater than comparably-sized companies in other industries.  Toreduce our exposure to the foregoing risks, we maintain insurance covering generalliability, workers' compensation claims, employee theft, errors and omissions andemployment practices liability.  We cannot assure you that our insurance coverage willbe adequate to cover all liability.  In addition, the defense of any legal proceeding couldresult in substantial expense and divert the attention of our management from ouroperations, which could have a material adverse effect on our financial condition andresults of operations. |
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|   | Our business plan is not based on independent market studies, so we cannot assure youthat our strategy will be successful. |
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|   | We have not commissioned any independent market studies concerning the extent towhich small and medium-sized businesses will utilize our temporary staffing services.Rather, our plans for implementing our business strategy and achieving profitability arebased on the experience, judgment and assumptions of our management personnel, andupon other available information concerning the temporary staffing industry.  If theassumptions of our management prove to be incorrect, it is likely that we will neverearn a profit. |
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|   | If we are unable to manage future growth effectively, our business may be adverselyimpacted. |
|--------|----------------------------------------------------------------------------------------------|

|   | In the future, we may experience rapid growth in operations, which could place asignificant strain on our operations, in general, the development of products andservices and our internal controls and other managerial, operating and financialresources, in particular.  Any failure to manage future expansion effectively will harmour business.  There is, of course, no assurance that we will enjoy rapid growth in ourbusiness. |
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|   | Because we currently operate only in the State of Texas, our performance may bedisproportionately affected by economic, regulatory and demographic conditions thatmay arise in Texas and in the surrounding region. |
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|   | Inasmuch as our current operations are being conducted only in the State of Texas,adverse economic developments in Texas and its neighboring states may have adisproportionately greater effect on our operating results than they would if we didbusiness in other states or regions. |
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|   | It is possible that state and federal laws relating to the employer/employee relationshipcould be amended in the future, which changes could adversely affect our ability tooperate successfully. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Because many federal and state laws applicable to the employer/employee relationshipwere enacted prior to the development of non-traditional employment relationships,such as temporary employment and outsourcing arrangements, many of these laws donot specifically address the obligations and responsibilities of non-traditionalemployers like us.  It is possible that future changes to these laws could serve todiminish the market for temporary staffing services.  In such event, it is likely that ourbusiness would be materially and adversely affected. |
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| Risks Concerning Our Common Stock |
|-----------------------------------|

|   | There is no market for our common stock. |
|--------|------------------------------------------|

|   | There is currently no market for our common stock.  However, in the near future, weintend to make application to the OTC Bulletin Board, for the purpose of having ourcommon stock traded on the OTC Bulletin Board.  We cannot assure you that a tradingmarket will be established for our common stock. |
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|   | Concentration of ownership of our common stock may prevent new investors frominfluencing significant corporate decisions. |
|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | Our largest shareholder owns approximately 90% of our outstanding common stock.This shareholder will be able to control our management and our affairs.  Thisshareholder is able to control matters requiring the approval by our shareholders,including the election of directors, any merger, consolidation or sale of all orsubstantially all of our assets, and any other significant corporate transaction. Thisconcentration of ownership may also delay or prevent a change of control of TabathaIV, Inc. at a premium price, if this shareholder opposes it.  See the “PrincipalShareholders” section for details regarding our stock ownership and how beneficialownership is calculated. |
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|   | You will suffer substantial dilution in the net tangible book value of the common stockyou purchase. |
|--------|------------------------------------------------------------------------------------------------------|

|   | You will suffer substantial and immediate dilution, due to the lower book value pershare of our common stock compared to the purchase price per share of our commonstock.  We cannot predict your actual dilution. |
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|   | Once our common stock begins to trade, the market price of our common stock will beextremely volatile. |
|--------|--------------------------------------------------------------------------------------------------------|

|   | The general stock market has recently experienced dramatic declines and fluctuationsthat have often been unrelated to the operating performance of companies.  Ifmarket-based or industry-based volatility continues, the trading price of our commonstock, once it begins to trade, could decline significantly independent of our actualoperating performance, and you could lose all or a substantial part of your investment.The market price of our common stock could fluctuate significantly as a result ofseveral factors, including: |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| - | actual or anticipated variations in our results of operations; |
|---|----------------------------------------------------------------|

| - | announcements of innovations, new services or significant price reductions byus or our competitors; |
|---|-----------------------------------------------------------------------------------------------------|

| - | announcements by us or our competitors of significant contracts or acquisitions; |
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| - | our failure to meet the performance estimates of investment research analysts; |
|---|--------------------------------------------------------------------------------|

| - | changes in financial estimates by investment research analysts; and |
|---|---------------------------------------------------------------------|

| - | general economic and market conditions. |
|---|-----------------------------------------|

|   | Once our common stock begins to trade, it can be expected to be a “penny stock”. |
|--------|----------------------------------------------------------------------------------------------|

|   | Once trading, our common stock can be expected to be considered a “penny stock”, aslong as it trades below $5.00 per share.  Broker-dealer practices in connection withtransactions in penny stocks are regulated by penny stock rules adopted by the SEC.The penny stock rules require a broker-dealer, prior to a transaction in a penny stocknot otherwise exempt from the rules, to deliver a standardized risk disclosure statementprepared by the SEC that provides information about penny stocks and the nature andlevel of risks in the penny stock market.  The broker-dealer also must provide thecustomer with current bid and offer quotations for the penny stock, the compensationof the broker-dealer and its salesperson in the transaction, as well as the monthlyaccount statements showing the market value of each penny stock held in thecustomer’s account.  In addition, the penny stock rules require that, prior to atransaction in a penny stock not otherwise exempt from such rules, the broker-dealermust make a special written determination that the penny stock is a suitable investmentfor the purchaser and receive the purchaser’s written agreement to the transaction. |
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|   | These disclosure requirements may have the effect of reducing the level of tradingactivity in the secondary market for a stock that is subject to the penny stock rules.  Inthis regard, it can be expected that investors in our common stock may find it moredifficult to profit on their investments in our common stock. |
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|   |
|--------|

| Item 2. | Description of Property |
|---------|-------------------------|

| Facilities |
|------------|

| We lease approximately 4,000 square feet of space for our headquarters in Dallas, Texas,under a lease that expires in February 2008.  We believe that this facility will be adequate forour needs for at least the next two years.  We expect that additional facilities will be availableas we expand our business operations. |
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| Intellectual Property |
|-----------------------|

| We do not have any registered trade or service marks.  It is our intention to develop servicemarks as appropriate and seek federal registration when possible.  We have begun the processof registering the mark “Humanity Capital(TM)”, and its associated mark.  Should Federalregistration be granted, we intend to develop “Humanity Capital” as our brand identity. |
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|   |
|--------|

| Item 3. | Legal Proceedings |
|---------|-------------------|

| We are not currently involved in any legal proceedings. |
|---------------------------------------------------------|

|   |
|--------|

| Item 4. | Submission of Matters to Vote of Security Holders |
|---------|---------------------------------------------------|

| No matters were submitted to a vote of our shareholders during the fourth quarter of the fiscalyear ended June 30, 2005. |
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|   |
|--------|

| PART II |
|---------|

|   |
|--------|

| Item 5. | Market for Common Equity and Related Stockholder Matters |
|---------|----------------------------------------------------------|

| There is not currently a public trading market for our common stock.  Our common stock iscurrently held of record by a total of approximately 24 persons.  No dividends have beendeclared or paid with respect to our common stock and it is not anticipated that any dividendswill be declared or paid in the foreseeable future. |
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|   |
|--------|

| Item 6. | Management’s Discussion and Analysis of Financial Condition and Results ofOperations |
|---------|--------------------------------------------------------------------------------------------|

| FORWARD-LOOKING STATEMENTS |
|----------------------------|

| This report by Tabatha IV, Inc. contains forward-looking statements. These are statementsregarding financial and operating performance and results and other statements that are nothistorical facts. The words "expect", "project", "estimate", "believe", "anticipate", "intend","plan", "forecast" and similar expressions are intended to identify forward-looking statements.Certain important risks could cause results to differ materially from those anticipated by someof the forward-looking statements. Some, but not all, of the important risks that could causeactual results to differ materially from those suggested by the forward-looking statementsinclude, among other things: |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| - | Whether or not we can successfully compete in our chosen markets; |
|---|-------------------------------------------------------------------|

| - | Whether we are able to obtain adequate capital with which to pursue our full businessplan; and |
|---|------------------------------------------------------------------------------------------------|

| - | Other uncertainties, all of which are difficult to predict and many of which are beyondour control. |
|---|-----------------------------------------------------------------------------------------------------|

| We do not intend to update forward-looking statements. |
|--------------------------------------------------------|

| You should read the following discussion in conjunction with our consolidated financialstatements and related notes included elsewhere in this annual report.  Historical results are notnecessarily indicative of trends in operating results for any future period. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Background |
|------------|

| On May 13, 2005, there occurred a change in control of Tabatha IV, Inc.  On that date, wecompleted the acquisition of all of the outstanding capital stock of Humanity Capital, Inc., aTexas corporation, pursuant to an agreement and plan of reorganization.  We issued67,500,000 shares, or approximately 90%, of our common stock to the sole shareholder ofHumanity Capital, in consideration of the capital stock of Humanity Capital acquired by us.Following this change-in-control transaction, our then-directors resigned and our new board ofdirectors was installed. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| In determining the number of shares of our common stock issued to the shareholder ofHumanity Capital, our board of directors did not employ any standard valuation formula or anyother standard measure of value.  Rather, the number of shares issued to the shareholder ofHumanity Capital was determined through arm’s-length negotiations. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| For accounting purposes, the acquisition of Humanity Capital will be treated as a reversemerger and, therefore, will be treated as an acquisition of Tabatha IV, Inc. and arecapitalization of Humanity Capital, Inc. (now a subsidiary of Tabatha IV, Inc.). |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Change in Business |
|--------------------|

| Prior to May 13, 2005, we had no active business operations.  Currently, through oursubsidiary, Humanity Capital, we provide temporary staffing services to the light industrial,hospitality and restaurant industries in the Dallas/Fort Worth, Texas, metro area.  HumanityCapital has its temporary staffing services since its inception in February 2005. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Critical Accounting Policies and Estimates |
|--------------------------------------------|

| There have been no recent changes to our critical accounting policies. |
|------------------------------------------------------------------------|

| Management's Discussion and Analysis discusses the results of operations and financialcondition as reflected in our financial statements, which have been prepared in accordancewith accounting principles generally accepted in the United States of America. The preparationof financial statements in conformity with accounting principles generally accepted in theUnited States of America requires management to make estimates and assumptions that affectthe reported amounts of assets and liabilities,  disclosure of contingent assets and liabilities atthe date of the financial statements and reported amounts of revenues and expenses during thereporting period. On an ongoing basis, management evaluates its estimates and judgments,including those related to accounts receivable, inventory valuation, amortization andrecoverability of long-lived assets,  including  goodwill,  litigation accruals and revenuerecognition. Management bases its estimates and judgments on our historical experience andother relevant factors, the results of which form the basis for making judgments about thecarrying values of assets and liabilities that are not readily apparent from other sources. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| While we believe that the historical experience and other factors considered provide ameaningful basis for the accounting  policies applied in the preparation of our consolidatedfinancial statements, we cannot guarantee that our estimates and assumptions will be accurate.If such estimates and assumptions prove to be inaccurate, we may be required to makeadjustments to these estimates in future periods. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Controls and Procedures |
|-------------------------|

| Our Chief Financial Officer has reviewed and evaluated the effectiveness of our disclosurecontrols and procedures (as defined in the Securities Exchange Act of 1934 Rules240.13a-14(c) and 15d-14(c)) as of the end of the period covered by this report and hasconcluded that such disclosure controls and procedures are effective in timely alerting him andother members of management to material information about our company required to bedisclosed by us in our periodic reports that we file or submit under the Securities ExchangeAct of 1934. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| There have not been any significant changes in our internal controls over financial reporting(as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of1934) during the past fiscal year that have materially affected, or are reasonably likely tomaterially affect, our internal control over financial reporting. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Overview |
|----------|

| We provide temporary staffing services to the light industrial, hospitality and restaurantindustries in the Dallas/Fort Wort, Texas, metro area.  Our overall operating results aredependent on the number of worksite employees paid and can be measured in terms ofrevenues, payroll costs, gross profit or operating income per worksite employee per month.However, since we are a new company, having operated for less than one year, our operatingresults to date have been negatively impacted by costs relating to the start-up of our business.These start-up costs can be expected to affect our operating results through the end of ourcurrent fiscal year ending June 30, 2006. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| For June 2005, our average gross profit per worksite employee was $186 and a weekly averageof 112 worksite employees.  We intend to increase our sales force during each quarter ofcalendar 2006, with the intention of increasing our total of worksite employees. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Revenues. |
|--------|-----------|

|   | We account for our revenues in accordance with Emerging Issues Task Force (“EITF”)99-19, “Reporting Revenues Gross as a Principal Versus Net as an Agent”.  Ourrevenues are derived from our gross billings, which are based on: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| - | the payroll cost of our worksite employees; and |
|---|-------------------------------------------------|

| - | a markup computed as a percentage of the payroll cost. |
|---|--------------------------------------------------------|

|   | In determining the pricing of the markup component of the gross billings, we considerour estimates of the costs directly associated with our worksite employees, includingpayroll taxes and workers’ compensation costs, plus an acceptable gross profit margin.We invoice the gross billings concurrently with each periodic payroll of our worksiteemployees.  Revenues, which exclude the payroll cost component of gross billings, arerecognized ratably over the payroll period as worksite employees perform their serviceat the client worksite.  We include revenues that have been recognized but not invoicedin unbilled accounts receivable on our Consolidated Balance Sheets. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Our revenues are primarily dependent on the number of our client companies and theresulting number of worksite employees paid each period.  Because our markup iscomputed as a percentage of payroll cost, revenues are also affected by the payroll costof worksite employees, which can fluctuate based on the composition of the worksiteemployee base and inflationary effects, if any, on wage levels. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Direct Costs. |
|--------|---------------|

|   | The primary direct costs associated with our revenue generating activities are: |
|--------|---------------------------------------------------------------------------------|

| - | employment-related taxes (“payroll taxes”); and |
|---|-------------------------------------------------------------|

| - | workers’ compensation claim costs. |
|---|------------------------------------------|

|   | Payroll taxes consist of the employer’s portion of Social Security and Medicare taxesunder FICA, federal unemployment taxes and state unemployment taxes.  Payroll taxesare generally paid as a percentage of payroll cost.  The federal tax rates are defined byfederal regulations.  The Texas unemployment tax rate is subject to claim histories. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Our gross profit per worksite employee is determined in part by our ability to estimateaccurately and control direct costs and our ability to incorporate changes in these costsinto the gross billings charged to our client companies, which are subject to contractualarrangements that typically renew monthly.  Gross profit is also affected by the markupportion of gross billings, which is calculated based on a percentage of worksiteemployee payroll cost, and our direct cost structure.  We use gross profit per worksiteemployee per month as our principal measurement of relative performance at the grossprofit level. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Operating Expenses. |
|--------|---------------------|

|   | Salaries, wages and payroll taxes. |
|--------|------------------------------------|

|   | Salaries, wages and payroll taxes are primarily a function of the number ofcorporate employees and their associated average pay and any additional incentivecompensation. Our corporate employees primarily include client services, sales andmarketing, benefits, legal, finance, information technology and administrativesupport personnel. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | General and administrative expenses. |
|--------|--------------------------------------|

|   | Our general and administrative expenses primarily include: |
|--------|------------------------------------------------------------|

| - | rent expenses related to our corporate headquarters; |
|---|------------------------------------------------------|

| - | outside professional service fees related to legal and accounting services; |
|---|-----------------------------------------------------------------------------|

| - | administrative costs, such as postage, printing and supplies; and |
|---|-------------------------------------------------------------------|

| - | repairs and maintenance costs associated with our worksite employeetransportation vehicles and technology infrastructure. |
|---|---------------------------------------------------------------------------------------------------------------------------|

|   | Commissions. |
|--------|--------------|

|   | Commission expense primarily consists of amounts paid to sales personnel and arebased on a percentage of revenue generated by such personnel. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| Transactions with Related and Other Certain Parties |
|-----------------------------------------------------|

| From our inception through June 30, 2005, we obtained loans from one of our directors, ScottB. Gann, in the amount of $110,491.  Since June 30, 2005, Mr. Gann has loaned us anadditional $28,037.  These loans are not evidenced by promissory notes.  Rather, these loanswere made on open account, bear interest at 6% per annum and are payable on demand.  Mr.Gann has advised us that he does not intend to demand repayment of any amount loaned to us,until such time as any such repayment would not adversely affect our financial condition.Without the loans obtained from Mr. Gann, we would have been unable to continue inbusiness. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Recent Developments |
|---------------------|

| We have recently signed separate letters of intent to acquire three private temporary staffingcompanies located in the Dallas/Fort Worth metro area.  These acquisitions are to be madesubstantially for cash.  We currently do not possess the funds needed to consummate any ofthese proposed acquisitions.  While we are actively pursuing sources of financing for theseproposed acquisitions, there is no assurance that we will be successful in this regard.  Shouldwe be successful in consummating these transactions, our liquidity and operations could bematerially enhanced. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Results of Operations |
|-----------------------|

| During the period ended June 30, 2005, our temporary staffing services generated $224,884 inrevenues.  During this period, our cost of services was $188,166, with a gross profit of$36,718.  Our general and administrative expenses for the period ended June 30, 2005, were$151,549 and our net loss was $121,787.  Our revenues for the fiscal year ended June 30,2006, will be significantly greater, on a monthly basis, than for the period ended June 30,2005, due to the internal growth of our temporary staffing business.  Likewise, our cost ofservices can be expected to increase proportionately.  Our general and administrative expensescan be expected to increase, though not at the same rate as our cost of services.  Currently, webreak even on a monthly basis.  However, we currently lack the capital necessary to pursueaggressively our business objectives, and we may never possess enough capital with which todo so. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Liquidity and Capital Resources |
|---------------------------------|

| At June 30, 2005, we had a working capital deficit of $145,137.  Since our inception, we haveobtained funds from our largest shareholder, Scott B. Gann, to make up for cash shortfalls inour business.  During the period ended June 30, 2005, we obtained $110,491 from Mr. Gannand, since June 30, 2005, we have obtained an additional $28,037 from him.  These loans arenot evidenced by promissory notes.  Rather, these loans were made on open account, bearinterest at 6% per annum and are payable on demand.  Mr. Gann has advised us that he doesnot intend to demand repayment of any amount loaned to us, until such time as any suchrepayment would not adversely affect our financial condition.  Without the loans obtainedfrom Mr. Gann, we would have been unable to continue in business. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Subsequent to June 30, 2005, we have obtained a total of $97,500 from the sale of ourcommon stock, the proceeds of which equity sale were used for working capital. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Cash Flows Used in Operating Activities. |
|--------|------------------------------------------|

|   | During the period ended June 30, 2005, our operating activities used $55,268 in cash.This amount represents primarily an increase in accounts payable and accruedliabilities of $83,359 that offset our net loss of $121,787.  Because of the rapid growthof our business, we are unable to predict our use of cash in our operating activities forthe year ending June 30, 2006. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Cash Flows Used in Investing Activities. |
|--------|------------------------------------------|

|   | During the period ended June 30, 2005, our investing activities used $55,012 in cash,including capital expenditures of $47,518.  Because of the rapid growth of ourbusiness, we are unable to predict our use of cash in our investing activities for the yearending June 30, 2006. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Cash Flows from Financing Activities. |
|--------|---------------------------------------|

|   | During the period ended June 30, 2005, our financing activities provided $146,070,including $110,491 in net advances from our largest shareholder.  Because of the rapidgrowth of our business, we are unable to predict whether our financing activities willprovide cash for the year ending June 30, 2006. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Capital Expenditures |
|----------------------|

| For the period ended June 30, 2005, we made capital expenditures of $47,518.  Due to our lackof excess capital, we are unable to predict the level of our capital expenditures for the yearending June 30, 2006. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Our Capital Needs |
|-------------------|

| Our current level of operations can be maintained for at least the next six months.  However,to begin the aggressive pursuit of our temporary staffing business objectives, we will requireapproximately $1 million.  We cannot assure you that we will obtain such level of funding. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Seasonality and Quarterly Fluctuations |
|----------------------------------------|

| The temporary staffing business is seasonal, with the first calendar quarter generally being theslowest part of the year.  It can be expected that our quarterly results for the three monthsending March 31, 2006, will reflect this seasonality. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 7. | Financial Statements |
|---------|----------------------|

| The financial statements required to be furnished under this Item 7 are attached at the end ofthis Annual Report on Form 10-KSB.  An index to our financial statements is also includedbelow in Item 13(a). |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 8. | Changes In and Disagreements With Accountants on Accounting and FinancialDisclosure |
|---------|-------------------------------------------------------------------------------------|

| Effective September 18, 2005, our board of directors engaged the Plano, Texas-basedaccounting firm of Farmer, Fuqua & Huff, P.C. as our independent accountants to audit ourfinancial statements for the year ended June 30, 2005.  The decision to change our independentaccountants was approved by our board of directors. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Our engagement of Farmer, Fuqua & Huff, P.C. resulted in the dismissal of our then-independent accountants, Child, Sullivan & Company, who we engaged on September 30,2004, and who reviewed our financial statements for the first three quarters of the fiscal yearended June 30, 2005. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Our engagement of Child, Sullivan & Company resulted in the dismissal of our then-independent accountants, Comiskey & Company, who audited our financial statements for thefiscal years ended June 30, 2004 and 2003. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| During our fiscal years ended June 30, 2005 and 2004, there were no disagreements betweenus and any of our independent accountants concerning any matter of accounting principles orpractices, financial statement disclosure or auditing scope or procedure, which disagreements,if not resolved to the independent accountants’ satisfaction, would have caused them to makereference to the subject matter of the disagreement in connection with their respective reports.There were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Comiskey & Company’s report, dated July 19, 2004, on our financial statements for the fiscalyear ended June 30, 2004, did not contain any adverse opinion or disclaimer of opinion, norwere they qualified or modified as to uncertainty, audit scope or accounting principles. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item8A. | Controls and Procedures |
|---------|-------------------------|

| The SEC defines the term disclosure controls and procedures to mean a company’s controlsand other procedures that are designed to ensure that information required to be disclosed inthe reports that it files or submits under the Securities Exchange Act of 1934 is recorded,processed, summarized and reported, within the time periods specified in the SEC’s rules andforms.  We maintain such a system of controls and procedures in an effort to ensure that allinformation which we are required to disclose in the reports we file under the SecuritiesExchange Act of 1934 is recorded, processed, summarized and reported within the timeperiods specified under the SEC's rules and forms. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| As of June 30, 2005, an evaluation was performed by our Chief Financial Officer of theeffectiveness of the design and operation of our disclosure controls and procedures.  Based onthat evaluation, our management, including our Chief Financial Officer, concluded that ourdisclosure controls and procedures were effective as of June 30, 2005. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| There have been no significant changes in our internal controls or in other factors that couldsignificantly affect internal controls subsequent to June 30, 2005. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| PART III |
|----------|

|   |
|--------|

| Item 9. | Directors, Executive Officers, Promoters and Control Persons; Compliance withSection 16(a) of the Exchange Act |
|---------|----------------------------------------------------------------------------------------------------------------|

| Directors and Officers |
|------------------------|

| The following table sets forth information with respect to our officers and directors. |
|----------------------------------------------------------------------------------------|

| The following table sets forth information with respect to our officers and directors. |
|----------------------------------------------------------------------------------------|

|   | Name |   | Age |   | Positions |
|--------|------|--------|-----|--------|-----------|

|   | Scott B. Gann |   | 40 |   | Chairman of the Board since January 2006 |
|--------|---------------|--------|----|--------|------------------------------------------|

|   | Mimbi Robertson |   | 40 |   | Chief Executive Officer and a Director since May2005 |
|--------|-----------------|--------|----|--------|------------------------------------------------------|

|   | Charlie Dickerson |   | 42 |   | Chief Financial Officer, Secretary and a Director sinceMay 2005 |
|--------|-------------------|--------|----|--------|-----------------------------------------------------------------|

| Our current officers serve until the next annual meeting of our board of directors or until theirrespective successors are elected and qualified.  All officers serve at the discretion of our boardof directors.  There are no family relationships between our officers and directors.  Certaininformation regarding the backgrounds of each of the officers and directors is set forth below. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Scott B. Gann has been engaged in the stock brokerage business for over 14 years withseveral nationally-known brokerage firms.  Currently, Mr. Gann is Managing Directorof Investments at Sanders, Morris, Harris, Inc., in its Dallas, Texas, office.  During hiscareer in the financial industry, Mr. Gann has advised public and private companiesand high-profile investors, provided investment banking advice and performed moneymanagement services for private investors.  Mr. Gann is a graduate of BaylorUniversity, Waco, Texas, where he earned a Bachelor of Business Administrationdegree from the Hankamer School of Business.  Mr. Gann is a licensed stock broker,holding Series 63, Series 7 and Series 65 licenses. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Mr. Gann is a defendant in a lawsuit styled Securities and Exchange Commission,Plaintiff, v. Scott B. Gann and George B. Fasciano, Defendants, United States DistrictCourt, Northern District of Texas, Dallas Division, Case No. 305CV-063L, filedJanuary 10, 2005.  In the complaint, it is alleged that Mr. Gann violated Section 10 ofthe Securities Exchange Act of 1934 and Rule 10b-5 thereunder with respect to certainmarket timing practices in trading securities of certain mutual funds.  The SEC isseeking a permanent injunction restraining Mr. Gann from violating Section 10 of theExchange Act and Rule 10b-5 thereunder, disgorgement of Mr. Gann’s profits and an“appropriate civil monetary penalty”.  Mr. Gann has filed denials of all claims made inthe complaint.  Discovery in the lawsuit has been substantially completed and theparties await a trial date. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Mimbi Cohen Robertson has over 15 years of experience in the staffing industry.Before Mrs. Robertson became our president, she was working at ASAP Consultants asan Account Executive for 10 years.  She was the top producer at ASAP Consultantsbringing in an excess of $10,000,000 dollars in sales yearly.  Mrs. Robertsonintroduced the Hospitality Industry to ASAP Consultants making it a major contributorto the success of ASAP Consultants.  At the same time, Mrs. Robertson was promotedto Regional Manager of Hospitality of ASAP.  Mrs. Robertson earned a BBA fromUniversity of North Texas, where she was a member of Alpha Delta Pi Sorority.  Tothis day, Mrs. Robertson holds several offices as an alumna of Alpha Delta PI and atthe same time, she volunteers her time to helping young women and helping to raisemoney for charitable events. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Charlie Dickerson has more than 20 years of accounting experience and over 10 yearsof acquisition experience.  From September 2003 to the present, Mr. Dickerson hasbeen a financial consultant and acquisition advisor with TruSource, a wholly-ownedand independent consulting and small business brokerage-advisory firm in Dallas,Texas.  Mr. Dickerson was the Director of Finance and Acquisitions of Snelling andSnelling, Inc., a national staffing provider through franchised and corporate locations,from October 1996 to August 2003.  From 1986 to 1996, Mr. Dickerson practicedpublic accounting with large regional accounting firms in San Angelo, Texas andDallas, Texas, as well as serving as a partner with the accounting firm of Williams,Dickerson & Allen located in Dallas, Texas.  Mr. Dickerson holds a Bachelor ofBusiness Degree in Accounting from Angelo State University, where he graduated inDecember 1985.  Mr. Dickerson is also a Certified Public Accountant (CPA) in theState of Texas. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Executive Compensation |
|------------------------|

| We have not entered into employment agreements with any of our executive officers, althoughwe intend to do so in the near future.  None of our officers has been paid a salary in excess of$100,000 during the past three years. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Termination of Employment and Change-in-Control Agreements |
|------------------------------------------------------------|

| We have no compensatory plan or arrangement that results or will result from the resignation,retirement or any other termination of an executive officer’s employment or from a change incontrol or a change in an executive officer’s responsibilities following a change in control. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Compensation of Directors |
|---------------------------|

| We do not pay any of our directors for their services as directors.  It is possible that ourmanagement could begin to pay our directors for meetings attended, grant a small number ofstock options or issue shares of our common stock for their services.  However, no specificdetermination in this regard has been made. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Stock Options |
|---------------|

| We have never granted any stock options to any person, though we may do so in the future. |
|-------------------------------------------------------------------------------------------|

| Limitation of Liability and Indemnification |
|---------------------------------------------|

| Our articles of incorporation and bylaws contain provisions limiting the liability of directors. |
|--------------------------------------------------------------------------------------------------|

| In addition, we intend to enter into agreements to indemnify our directors and executiveofficers to the fullest extent permitted under Colorado law and under our bylaws, subject tolimited exceptions. These agreements, among other things, will provide for indemnification ofour directors and executive officers for fees, expenses, judgments, fines, and settlementamounts incurred by any of these persons in any action or proceeding to which any of thosepersons is, or is threatened to be, made a party by reason of the person’s service as a director orofficer, including any action by us, arising out of that person’s services as our director orofficer or that person’s services provided to any other company or enterprise at our request.We believe that these bylaw provisions and agreements are necessary to attract and retainqualified persons as directors and officers. We also intend to maintain liability insurance forour officers and directors. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Audit Committee and Audit Committee Financial Expert |
|------------------------------------------------------|

| Our entire board of directors serves as the audit committee. We do not have an auditcommittee financial expert serving on our audit committee, inasmuch as we believe that thetime and expense associated with locating such a financial expert is not currently justified,given our status as a blind-pool company. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Compliance With Section 16(a) of the Exchange Act |
|---------------------------------------------------|

| For the fiscal year ended June 30, 2005, to the best or our knowledge, all of our officers,directors and principal shareholders have filed ownership reports required under Section 16(a). |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Code of Ethics |
|----------------|

| Tabatha IV, Inc. has not yet adopted a code of ethics which applies to the chief executiveofficer, or principal financial and accounting officer or controller, or persons performingsimilar functions due to several factors. Tabatha IV, Inc. is a reporting blind pool companywhose shares have not yet traded. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 10. | Executive Compensation |
|----------|------------------------|

| None of our officers or directors received any remuneration during the fiscal year ended June30, 2005.  Unless and until we acquire additional capital, it is not expected that any officer ordirector will be paid any compensation by us.  We may, if capital is available, reimbursementsuch persons for out-of-pocket expenses incurred by them on our behalf.  We have no stockoption, retirement, pension, or profit-sharing programs for the benefit of directors, officers orother employees, but our board of directors may adopt of one or more such programs in thefuture. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 11. | Security Ownership of Certain Beneficial Owners and Management |
|----------|----------------------------------------------------------------|

| The following table sets forth, as of the date hereof, information regarding beneficialownership of our capital stock by the following: |
|-----------------------------------------------------------------------------------------------------------------------------------------|

| - | each person, or group of affiliated persons, known by us to be the beneficial owner ofmore than five percent of any class of our voting securities; |
|---|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| - | each of our directors; |
|---|------------------------|

| - | each of the named executive officers; and |
|---|-------------------------------------------|

| - | all directors and executive officers as a group. |
|---|--------------------------------------------------|

| Beneficial ownership is determined in accordance with the rules of the SEC, based on votingor investment power with respect to the securities. In computing the number of sharesbeneficially owned by a person and the percentage ownership of that person, shares ofcommon stock underlying warrants held by that person are deemed to be outstanding if thewarrants are exercisable within 60 days of the date hereof. All percentages in this table arebased on a total of 75,812,500 shares of common stock outstanding as of the date hereof.Except as indicated in the footnotes below, we believe, based on information furnished to us,that the persons and entities named in the table below have sole voting and investment powerwith respect to all shares of common stock shown as beneficially owned by them. Unlessotherwise indicated, the address for each of the shareholders in the table below is c/o TabathaIV, Inc., 1735 Villa Creek, Suite 175, Dallas, Texas 75234. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   | Name and Address ofBeneficial Owner |   |   | Number of SharesBeneficially Owned |   | Percentage ofShares BeneficiallyOwned(1) |   |
|--------|--------|-------------------------------------|--------|--------|------------------------------------|--------|------------------------------------------|--------|

|   | Scott B. Gann * |   | 67,500,000 † |   | 89.03% |   |
|--------|-----------------|--------|--------------------|--------|--------|--------|

|   | Mimbi Robertson |   | -0- |   | 0% |   |
|--------|-----------------|--------|-----|--------|----|--------|

|   | Charlie Dickerson |   | -0- |   | 0% |   |
|--------|-------------------|--------|-----|--------|----|--------|

|   | All officers and directors as agroup (2 persons) |   | -0- |   | 0% |   |
|--------|--------------------------------------------------|--------|-----|--------|----|--------|

| * | Subsequent to our issuing 67,500,000 shares of our common stock to Camelle H. Gann,Ms. Gann transferred all of these shares to Scott B. Gann, her husband. |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| † | Mr. Gann has advised us that he intends to tender for cancellation not less than28,500,000 of these shares.  It is expected that this expected transaction will occur duringMarch 2006. |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 12. | Certain Relationships and Related Transactions |
|----------|------------------------------------------------|

| Change-in-Control Transaction |
|-------------------------------|

| On May 13, 2005, there occurred a change in control of Tabatha IV, Inc.  Pursuant to anagreement and plan of reorganization, we issued 67,500,000 shares, or approximately 90%, ofour then-outstanding common stock in consideration of all of the issued and outstandingcommon stock of Humanity Capital, Inc., a Texas corporation engaged in the professionalemployer organization industry. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| At the time of this transaction, Humanity Capital was 100% owned by Camelle H. Gann.Upon the closing of our acquisition of Humanity Capital, Mimbi Robertson and CharlieDickerson were elected as our directors, replacing the prior board of directors, who hadresigned.  Ms. Robertson and Mr. Dickerson serve as our president and chief financial officer,respectively. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Loans from Shareholder |
|------------------------|

| Since our inception in February 2005, our largest shareholder, Scott B. Gann, has made loansto us in the total amount of $138,528.   These loans were made on account and bear interest at8% per annum.  None of the loans is evidenced by a promissory note.  It is likely that Mr.Gann will make additional loans to us, should we require capital with which to operate. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Cancellation of Shares |
|------------------------|

| Our largest shareholder, Scott B. Gann has advised us that he intends to tender for cancellationnot less than 28,500,000 of the 67,500,000 shares currently owned by him.  It is expected thatthis expected transactions will occur during March 2006.  Mr. Gann has indicated that histender for cancellation will be made in an effort to enhance the perception of ourcapitalization. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Indemnification of Officer and Directors |
|------------------------------------------|

| As permitted by Colorado law, our articles of incorporation provide that we will indemnify ourdirectors and officers against expenses and liabilities they incur to defend, settle, or satisfy anycivil or criminal action brought against them on account of their being or having been directorsor officers, unless, in any such action, they are adjudged to have acted with gross negligence orwillful misconduct. Insofar as indemnification for liabilities arising under the Securities Act of1933, as amended, may be permitted to our directors, officers or control persons, pursuant tothe foregoing provisions, we have been informed that, in the opinion of the SEC, suchindemnification is against public policy as expressed in the Securities Act of 1933, asamended, and is, therefore, unenforceable. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exclusion of Liability |
|------------------------|

| Pursuant to the Colorado Corporation Code, our articles of incorporation exclude personalliability for our directors for monetary damages based upon any violation of their fiduciaryduties as directors, except as to liability for any breach of the duty of loyalty, acts or omissionsnot in good faith or which involve intentional misconduct or a knowing violation of law, actsin violation of Section 7-5-114 of the Colorado Corporation Code, or any transaction fromwhich a director receives an improper personal benefit. This exclusion of liability does notlimit any right which a director may have to be indemnified and does not affect any director'sliability under federal or applicable state securities laws. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 13. | Exhibits and Reports on Form 8-K |
|----------|----------------------------------|

| (a)(1) Financial Statements |
|-----------------------------|

| Index to Financial Statements of TabathaIV, Inc. |   | Page |
|--------------------------------------------------|--------|------|

| - | Independent Auditors’ Report | F-1 |
|---|------------------------------------|-----|

| - | Consolidated Balance Sheet | F-2 |
|---|----------------------------|-----|

| - | Statement of Operations | F-3 |
|---|-------------------------|-----|

| - | Statement of Changes in Shareholders’ (Deficit) | F-4 |
|---|-------------------------------------------------------|-----|

| - | Statement of Cash Flows | F-5 |
|---|-------------------------|-----|

| - | Notes to Financial Statements | F-6 |
|---|-------------------------------|-----|

| (a)(2) Exhibits |
|-----------------|

| Exhibit No. |   | Description |
|-------------|--------|-------------|

| 31.1 |   | Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule15d-14(b). |
|------|--------|---------------------------------------------------------------------------------------|

| 31.2 |   | Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule15d-14(b). |
|------|--------|---------------------------------------------------------------------------------------|

| 32.1 |   | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350. |
|------|--------|------------------------------------------------------------------------------|

| 32.2 |   | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350. |
|------|--------|------------------------------------------------------------------------------|

| (b) Reports on Form 8-K |
|-------------------------|

| During the three months ended June 30, 2005, we did not file a Current Report on Form 8-K. |
|--------------------------------------------------------------------------------------------|

| Since June 30, 2005, we have filed three Current Reports on Form 8-K, as follows: |
|-----------------------------------------------------------------------------------|

| - | Date of event: May 13, 2005, wherein we reported a change-in-control transaction. |
|---|-----------------------------------------------------------------------------------|

| - | Date of event: September 18, 2005, wherein we reported a change in independentaccountants. |
|---|--------------------------------------------------------------------------------------------|

| - | Date of event: November 17, 2005, as amended, wherein we reported our entering intoa material definitive agreement and, subsequently, an abandonment thereof. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Item 14. | Principal Accountant Fees and Services |
|----------|----------------------------------------|

| Audit-Related Fees |
|--------------------|

| (1) The aggregate fees billed by Comiskey and Company, P.C. for the audit of our annualfinancial statements were $2,100, for the fiscal year ended June 30, 2004.  The aggregate feesbilled by Comiskey & Co., P.C. for review of our financial statements included in ourquarterly reports on Form 10-QSB were $700 during the fiscal year ended June 30, 2004.  Theaggregate fees billed by Child, Sullivan & Company for review of our financial statementsincluded in our quarterly reports on Form 10-QSB were $300 during the year ended June 30,2005. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) During the fiscal year ended June 30, 2005, Farmer, Fuqua & Huff, P.C. did not invoiceany amounts for assurance and related services that were related to its audit of our financialstatements.  Comiskey & Co., P.C. did not invoice any amounts for assurance and relatedservices that were related to its audit or review of our financial statements during the fiscalyear ended June 30, 2004, that are not described under (1) above.  Child, Sullivan & Companydid not invoice any amounts for assurance and related services that were related to its reviewof our financial statements during the fiscal year ending June 30, 2005, that are not describedunder (1) above. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Tax Fees |
|----------|

| (3) We have never been invoiced by any of our independent accountants for tax compliance,tax advice and tax planning. |
|-----------------------------------------------------------------------------------------------------------------------|

| All Other Fees |
|----------------|

| (4) We were not invoiced by any of our independent accountants for any other services duringthe fiscal years ended June 30, 2005 and 2004. |
|--------------------------------------------------------------------------------------------------------------------------------------------|

| Audit Committee’s Pre-approval Policies and Procedures |
|--------------------------------------------------------------|

| (5) We do not have a duly formed and organized audit committee. The current board ofdirectors functions as the audit committee. |
|---------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| SIGNATURES |
|------------|

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

|   | TABATHA IV, INC. |
|--------|------------------|

|   |
|--------|

|   | By: | /s/ MIMBI ROBERTSON |   |
|--------|-----|---------------------|--------|

|   | Mimbi Robertson, President |   |
|--------|----------------------------|--------|

|   |
|--------|

| Pursuant to the requirements of the Securities Act of 1933, as amended, this Annual Report onForm 10-KSB has been signed by the following persons in the capacities and on the datesincluded: |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|              |   |                  |   |           |
|-------------------|--------|-----------------------|--------|----------------|
| /s/ SCOTT B. GANN |   |                  |   | March 22, 2006 |
| Scott B. Gann     |   | Chairman of the Board |   |           |

|                |   |                                                                           |   |           |
|---------------------|--------|--------------------------------------------------------------------------------|--------|----------------|
| /s/ MIMBI ROBERTSON |   |                                                                           |   | March 22, 2006 |
| Mimbi Roberston     |   | President and Chief ExecutiveOfficer (principal executiveofficer) and Director |   |           |

|   |
|--------|

| /s/ CHARLIE DICKERSON |   |                                                                        |   | March 22, 2006 |
|-----------------------|--------|-----------------------------------------------------------------------------|--------|----------------|
| Charlie Dickerson     |   | Chief Financial Officer(principal financial officer),Secretary and Director |   |           |

|   |
|--------|

| Supplemental Information to be Furnished With Reports Filed Pursuant to Section 15(d) of theExchange Act by Non-reporting Issuers. |
|------------------------------------------------------------------------------------------------------------------------------------|

| As of the date of this Annual Report on Form 10-KSB, no annual report or proxy material hasbeen sent to security holders of Tabatha IV, Inc.  It is anticipated that an annual report andproxy material will be furnished to security holders subsequent to the filing of this AnnualReport on Form 10-KSB. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

| INDEPENDENT AUDITORS’ REPORT |
|------------------------------------|

|   |
|--------|

| The Board of Directors |
|------------------------|

| Tabatha IV, Inc. |
|------------------|

| We have audited the accompanying consolidated balance sheet of Tabatha IV, Inc., a ColoradoCorporation (the “Company”), as of June 30, 2005, and the related consolidated statements ofoperations, changes in shareholders’ deficit and cash flows for the period from inception(February 7, 2005) to June 30, 2005.  These financial statements are the responsibility of theCompany’s management.  Our responsibility is to express an opinion on these financialstatements based on our audits. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| We conducted our audit in accordance with the standards of the Public Company AccountingOversight Board (United States).  Those standards require that we plan and perform the auditsto obtain reasonable assurance about whether the financial statements are free of materialmisstatement.  An audit includes examining, on a test basis, evidence supporting the amountsand disclosures in the financial statements.  An audit also includes assessing the accountingprinciples used and significant estimates made by management, as well as evaluating theoverall financial statement presentation.  We believe that our audit provide a reasonable basisfor our opinion. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| In our opinion, the financial statements referred to above present fairly, in all material respects,the financial position of Tabatha IV, Inc. as of June 30, 2005, and the results of its operationsand its cash flows for the period from inception (February 7, 2005) to June 30, 2005, inconformity with accounting principles generally accepted in the United States of America. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| The accompanying financial statements have been prepared assuming the Company willcontinue as a going concern.  As discussed in Note A to the financial statements, the Companyhas not earned a profit since inception and has a working capital deficit at June 30, 2005.  TheCompany is dependent upon advances from its shareholder to continue to fund its operations.The financial statements do not include any adjustments that might result from the outcome ofthis uncertainty. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| /s/ FARMER, FUQUA & HUFF, PC |
|----------------------------------|

| Farmer, Fuqua & Huff, PC |
|------------------------------|

| February 28, 2006 |
|-------------------|

| Plano, Texas |
|--------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | TABATHA IV, INC. |   |
|--------|------------------|--------|

|   | CONSOLIDATED BALANCE SHEET |   |
|--------|----------------------------|--------|

|   | June 30, 2005 |   |
|--------|---------------|--------|

|   |
|--------|

| ASSETS |
|--------|

| CURRENT ASSETS |
|----------------|

|   | Cash and cash equivalents | $35,790 |   |
|--------|---------------------------|---------|--------|

|   | Accounts receivable | 8,403 |   |
|--------|---------------------|-------|--------|

|   | Prepaid expenses and other current assets | 8,630 |   |
|--------|-------------------------------------------|-------|--------|

|   | Factor Reserve | 4,231 |   |
|--------|----------------|-------|--------|

|   | Total current assets | 57,054 |   |
|--------|----------------------|--------|--------|

| Fixed assets, net of accumulated depreciation of $2,924 | 44,594 |   |
|---------------------------------------------------------|--------|--------|

| Other assets | 7,494 |   |
|--------------|-------|--------|

|   | Total assets | 109,142 |   |
|--------|--------------|---------|--------|

| LIABILITIES AND SHAREHOLDERS’ DEFICIT |
|---------------------------------------------|

| CURRENT LIABILITIES |
|---------------------|

|   | Current maturities of long-term debt | 7,841 |   |
|--------|--------------------------------------|-------|--------|

|   | Accounts payable and accrued liabilities | 83,859 |   |
|--------|------------------------------------------|--------|--------|

|   | Advances from shareholder | 110,491 |   |
|--------|---------------------------|---------|--------|

|   | Total current liabilities | 202,191 |   |
|--------|---------------------------|---------|--------|

| Long-term debt, less current maturities | 27,738 |   |
|-----------------------------------------|--------|--------|

|   | Total liabilities | 229,929 |   |
|--------|-------------------|---------|--------|

| SHAREHOLDERS’ DEFICIT |
|-----------------------------|

|   | Preferred stock, no par value, 10,000,000 shares authorized, noshares issued and outstanding | - |   |
|--------|----------------------------------------------------------------------------------------------|---|--------|

|   | Common stock, no par value; 100,000,000 shares authorized,74,837,500 shares issued and outstanding at June 30, 2005 | 1,000 |   |
|--------|---------------------------------------------------------------------------------------------------------------------|-------|--------|

|   | Accumulated deficit | (121,787) |   |
|--------|---------------------|-----------|--------|

|   | Total shareholders’ deficit | (120,787) |   |
|--------|-----------------------------------|-----------|--------|

|   | Total liabilities and shareholders’ deficit | 109,142 |   |
|--------|---------------------------------------------------|---------|--------|

|   |
|--------|

| The accompanying notes are an integral part of these financial statements. |
|----------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | TABATHA IV, INC. |   |
|--------|------------------|--------|

|   | CONSOLIDATED STATEMENT OFOPERATIONS |   |
|--------|-------------------------------------|--------|

| Period from inception (February 7, 2005) to June 30, 2005 |
|-----------------------------------------------------------|

|   |
|--------|

| STAFFING REVENUES | $224,884 |   |
|-------------------|----------|--------|

| COST OF SERVICES | 188,166 |   |
|------------------|---------|--------|

| GROSS PROFIT               | 36,718  |   |
|----------------------------|---------|--------|
| GENERAL AND ADMINISTRATIVE | 151,549 |   |

| OPERATING LOSS | (114,831) |   |
|----------------|-----------|--------|

| OTHER EXPENSES |   |   |
|----------------|--------|--------|

|   | Interest | (4,032) |   |
|--------|----------|---------|--------|

|   | Depreciation and amortization | (2,924) |   |
|--------|-------------------------------|---------|--------|

|   | NET LOSS | $(121,787) |   |
|--------|----------|------------|--------|

| Net loss per share |   |   |   |   |   |
|--------------------|--------|--------|--------|--------|--------|

|   | Basic and diluted | $(.00) |   |
|--------|-------------------|--------|--------|

| Weighted average number of sharesoutstanding |   |   |   |   |   |
|----------------------------------------------|--------|--------|--------|--------|--------|

|   | Basic and diluted | 28,955,147 |   |
|--------|-------------------|------------|--------|

|   |
|--------|

| The accompanying notes are an integral part of these financial statements. |
|----------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | TABATHA IV, INC. |   |
|--------|------------------|--------|

|   | CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ (DEFICIT) |   |
|--------|--------------------------------------------------------------------|--------|

|   | Period from inception (February 7, 2005) to June 30, 2005 |   |
|--------|-----------------------------------------------------------|--------|

|   |
|--------|

|   |   | CommonShares |   | CommonStock |   | AccumulatedDeficit |   | Total |   |   |
|--------|--------|--------------|--------|-------------|--------|--------------------|--------|-------|--------|--------|

| Balance at February 7, 2005 (inception) |  - |   | $ - |   | $ - |   | $ - |   |   |
|-----------------------------------------|---------|--------|-----|--------|-----|--------|-----|--------|--------|

| Stock issued for payment of formation costs | 1,000 |   | 1,000 |   | - |   | 1,000 |   |   |
|---------------------------------------------|-------|--------|-------|--------|---|--------|-------|--------|--------|

| Reorganization and recapitalization inconjunction with the reverse acquisition ofTabatha IV, Inc. by Humanity Capital, Inc. | 74,836,500 |   | - |   | - |   | - |   |   |
|-----------------------------------------------------------------------------------------------------------------------------|------------|--------|---|--------|---|--------|---|--------|--------|

| Net loss | - |   | - |   | (121,787) |   | (121,787) |   |   |
|----------|---|--------|---|--------|-----------|--------|-----------|--------|--------|

| Balance at June 30, 2005 | 74,837,500 |   | $1,000 |   | $(121,787) |   | $(120,787) |   |   |
|--------------------------|------------|--------|--------|--------|------------|--------|------------|--------|--------|

|   |
|--------|

| The accompanying notes are an integral part of these financial statements. |
|----------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | TABATHA IV, INC. |   |
|--------|------------------|--------|

|   | CONSOLIDATED STATEMENT OF CASHFLOWS |   |
|--------|-------------------------------------|--------|

| Period from inception (February 7, 2005) to June 30, 2005 |
|-----------------------------------------------------------|

| CASH FLOWS FROM OPERATING ACTIVITIES |   |   |
|--------------------------------------|--------|--------|

|   | Net loss | $(121,787) |   |
|--------|----------|------------|--------|

|   | Adjustments to reconcile net loss to net cash used for operatingactivities: |   |   |
|--------|-----------------------------------------------------------------------------|--------|--------|

|   | Depreciation expense | 2,924 |   |
|--------|----------------------|-------|--------|

|   | Other non-cash items | 1,000 |   |
|--------|----------------------|-------|--------|

|   | Changes in operating assets and liabilities: |   |   |
|--------|----------------------------------------------|--------|--------|

|   | Increase in prepaid expenses | (8,630) |   |
|--------|------------------------------|---------|--------|

|   | Increase in accounts receivable and factor reserve | (12,634) |   |
|--------|----------------------------------------------------|----------|--------|

|   | Increase in accounts payable and accrued liabilities | 83,859 |   |
|--------|------------------------------------------------------|--------|--------|

| Net cash used for operating activities | (55,268) |   |
|----------------------------------------|----------|--------|

| NET CASH USED FOR FINANCING ACTIVITIES |   |   |
|----------------------------------------|--------|--------|

|   | Capital expenditures | (47,518) |   |
|--------|----------------------|----------|--------|

|   | Acquisition of other assets | (7,494) |   |
|--------|-----------------------------|---------|--------|

| Net cash used for investing activities | (55,012) |   |
|----------------------------------------|----------|--------|

| CASH FLOWS FROM FINANCING ACTIVITIES |   |   |
|--------------------------------------|--------|--------|

|   | Payments from debt | 36,182 |   |
|--------|--------------------|--------|--------|

|   | Payments on note payable | (603) |   |
|--------|--------------------------|-------|--------|

|   | Net advances from shareholder | 110,491 |   |
|--------|-------------------------------|---------|--------|

| Net cash provided by financing activities | 146,070 |   |
|-------------------------------------------|---------|--------|

| Net change in cash and cash equivalents | 35,790 |   |
|-----------------------------------------|--------|--------|

| Cash and cash equivalents at beginning of period | - |   |
|--------------------------------------------------|---|--------|

| Cash and cash equivalents at end of period | $35,790 |   |
|--------------------------------------------|---------|--------|

|   | Non-cash Items |   |   |
|--------|----------------|--------|--------|

|   | During the period, the shareholder paid $1,000 in legal fees inexchange for common stock |   |   |
|--------|------------------------------------------------------------------------------------------|--------|--------|

|   | Interest paid | $4,032 |   |
|--------|---------------|--------|--------|

|   | Taxes paid | - |   |
|--------|------------|---|--------|

|   |
|--------|

| The accompanying notes are an integral part of these financial statements. |
|----------------------------------------------------------------------------|

|         |
|--------------|
| <PAGE> |
|         |

|   | TABATHA IV, INC. |   |
|--------|------------------|--------|

|   | NOTES TO FINANCIAL STATEMENTS |   |
|--------|-------------------------------|--------|

|   | June 30, 2005 |   |
|--------|---------------|--------|

|   |
|--------|

| NOTE A | Summary of Significant Accounting Policies and Other Matters |
|--------|--------------------------------------------------------------|

| Reverse Acquisition |
|---------------------|

| On May 13, 2005, Tabatha IV, Inc., a U.S. public company, issued 67,500,000 shares ofcommon stock for 100% of the outstanding common stock of Humanity Capital, Inc., aprivately held corporation. After the acquisition, the shareholders of Humanity Capital, Inc.owned approximately 90% of the outstanding common stock of Tabatha IV, Inc.  On February7, 2005, Humanity Capital, Inc. was incorporated in Texas.  Humanity Capital, Inc. is aprovider of temporary staffing services in the Dallas/Fort Worth, Texas, metro area. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| For accounting purposes, the acquisition will be treated as an acquisition of Tabatha IV and arecapitalization of Humanity Capital, Inc. using the purchase method of accounting. HumanityCapital, Inc.’s historical financial statements replace Tabatha IV’s in the accompanyingfinancial statements. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Hereinafter, all references to Tabatha IV include the operations and financial condition ofHumanity Capital, Inc. for the period from inception, February 7, 2005, through June 30, 2005. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Estimates |
|-----------|

| The preparation of financial statements in conformity with generally accepted accountingprinciples requires management to make estimates and assumptions that affect the reportedamounts of assets and liabilities and disclosure of contingent assets and liabilities at the date ofthe financial statements.  Actual results may differ from those estimates. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Fair value of financial instruments |
|-------------------------------------|

| The carrying amounts for cash, receivables, accounts payable, and accrued liabilitiesapproximate fair value because of the short-term nature of these items.  The fair value forlong-term debt approximates its carrying value because interest rates are tied to market. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Fixed assets |
|--------------|

| Fixed assets consisting of furniture and equipment are stated at cost.  Depreciation is providedusing the straight-line method, over their useful lives, ranging from three to ten years.Expenditures for major renewals and betterments that extend the useful lives of property andequipment are capitalized.  Expenditures for repairs and maintenance are charged to expenseas incurred. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Long-lived assets |
|-------------------|

| Tabatha IV follows the provisions of SFAS No. 144, Accounting for Impairment or Disposalof Long-Lived Assets (SFAS No. 144).  SFAS No. 144 establishes accounting standards forthe impairment of long-lived assets.  Tabatha IV reviews long-lived assets for impairmentwhenever events or changes in circumstances indicate that the carrying amount of the assetsmay not be recoverable.  If the sum of the undiscounted expected future cash flows is less thanthe carrying amount of the assets, the assets are considered to be impaired.  No impairmentwas recorded for the period ended June 30, 2005. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Loss per Share |
|----------------|

| Loss per share was computed using the weighted average number of shares outstanding duringthe period.  Shares issued to insiders in anticipation of any public offering have beenaccounted for as outstanding since inception. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Organization Costs |
|--------------------|

| Costs to incorporate the company were expensed as incurred. |
|-------------------------------------------------------------|

| Statements of Cash Flows |
|--------------------------|

| For purposes of the statements of cash flows, Tabatha IV considers all highly liquid debtinstruments purchased with an original maturity of three months or less to be cash equivalents. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Consideration of Other Comprehensive Income Items |
|---------------------------------------------------|

| SFAS 130 - Reporting Comprehensive Income, requires companies to present comprehensiveincome (consisting primarily of net income plus other direct equity changes and credits) and itscomponents as part of the basic financial statements. For the period ended June 30, 2005,Tabatha IV’s financial statements do not contain any changes in equity that are required to bereported separately in other comprehensive income. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Stock Basis |
|-------------|

| Shares of common stock issued for other than cash have been assigned amounts equivalent tothe fair value of the service or assets received in exchange. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| Income Taxes |
|--------------|

| Deferred tax assets and liabilities are determined based on the differences between financialstatement income tax bases of assets and liabilities using the enacted tax rates expected to bein effect in the various states Tabatha IV may be subject to taxes in when taxes becomepayable or recoverable. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Deferred Rent |
|---------------|

| The cost of Tabatha IV’s lease for office space is accounted for by the straight-line method.The difference between the net cash requirements of the lease and the straight-line method isincluded as accounts payable and accrued liabilities on the balance sheet. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Cash and cash equivalents |
|---------------------------|

| For purposes of the consolidated statements of cash flows, Tabatha IV considers all highlyliquid investments with a maturity of three months or less at the time of purchase to be cashequivalents. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Accounts receivable |
|---------------------|

| Accounts receivable represent non-factored receivables or receivables over 90 days oldrepurchased from the factor as discussed in Note B. |
|-------------------------------------------------------------------------------------------------------------------------------------------|

| Tabatha IV estimates the collectability of its trade accounts receivable by monitoring thecurrent creditworthiness of each customer and analyzing the aging of related past due balances.The allowance requirements are based on current facts and the estimates are reevaluated andadjusted as additional information is obtained.  Accounts receivable are written off when it isdetermined the receivable will not be collected. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Concentration of risk |
|-----------------------|

| Financial instruments, which potentially subject Tabatha IV to concentrations of credit risk,consist primarily of trade accounts receivable.  One hundred percent of the receivables at June30, 2005, and eighty-two percent of Tabatha IV’s revenues for the period then ended areattributable to one non-affiliated customer.  Tabatha IV provides temporary staffing primarilyin the Dallas/Fort Worth metro area. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Going concern and liquidity |
|-----------------------------|

| Tabatha IV has not yet earned a profit and has a working capital deficit.  The shareholderintends to continue to advance funds to Tabatha IV for operating costs, as needed. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| NOTE B | Factor Reserve |
|--------|----------------|

| In March 2005, Tabatha IV entered into a $600,000 factoring agreement with a factoringcompany.  In accordance with the agreement, Tabatha IV sells the majority of its accountsreceivable to a factor with recourse, such recourse being that Tabatha IV maintains the risk ofnonpayment.  Tabatha IV may be required to repurchase at face value any receivablesoutstanding after 90 days at the sole discretion of the factor.  The agreement has a term ofthirty-six months, and may be renewed in twelve-month increments.  The factoring companymay terminate the agreement at any time.  Tabatha IV pays the factor 1.5 percent of the face ofall receivables sold.  During the period ended June 30, 2005, approximately $4,000 was paidto the factor as service fees.  This amount is recorded as interest expense in the accompanyingfinancial statements. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Tabatha IV is required to record the sale of any invoices immediately on their books.  All soldinvoices are owned by the factor and are not subject to the creditors of Tabatha IV.  TabathaIV is required to deposit, with the factor, ten percent of the face value of the bills that are 90days old or less computed from date of purchase by the factor.  Tabatha IV is advanced up to90 percent of the fair value of the outstanding invoices, subject to the adequacy of the depositfund.  The deposit fund at June 30, 2005, of $4,231 is recorded on the financial statements as afactor reserve.  During the period ended June 30, 2005, $208,114 was advanced to Tabatha IVfrom the factor. |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| NOTE C | Long-Term Debt |
|--------|----------------|

| Note payable to a bank, bearing interest at a rateper annum equal to prime plus 2% (currently7.75%), collateralized by a purchase moneysecurity interest in fixed assets, and a blanketlien on all assets of Tabatha IV, due in 59monthly principal payments of $603 plusunpaid interest, with a final payment due inApril, 2010. |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|

| $35,579 |   |
|---------|--------|

| Less current portion | 7,841 |   |
|----------------------|-------|--------|

| Long-term notes payable | $27,738 |   |
|-------------------------|---------|--------|

| Future maturities of notes payable are as follows: |
|----------------------------------------------------|

|   | Year Ended |   | Amount |   |
|--------|------------|--------|--------|--------|

|   | 2006 |   | $7,841 |   |
|--------|------|--------|--------|--------|

|   | 2007 |   | 7,237 |   |
|--------|------|--------|-------|--------|

|   | 2008 |   | 7,237 |   |
|--------|------|--------|-------|--------|

|   | 2009 |   | 7,237 |   |
|--------|------|--------|-------|--------|

|   | 2010 |   | 6,027 |   |
|--------|------|--------|-------|--------|

|   |   |   | $35,579 |   |
|--------|--------|--------|---------|--------|

|   |
|--------|

| NOTE D | Deferred Taxes |
|--------|----------------|

| Tabatha IV has a deferred tax asset of approximately $18,500 arising from net operating losscarry forwards.  These carry forwards expire beginning in 2023.  A valuation allowance hasbeen established for the full amount of the tax asset, as management cannot determine that it ismore likely than not that Tabatha IV will realize the benefit of the deferred tax asset. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| NOTE E | Related Party Transactions |
|--------|----------------------------|

| Stock Issuance in Reverse Acquisition |
|---------------------------------------|

| As of the date hereof, officers and directors of Tabatha IV are the owners of 67,500,000 sharesof its issued and 

outstanding common stock, constituting approximately 89% of Tabatha IV’s issued andoutstanding common 

stock.  The shares were issued pursuant to Humanity Capital, Inc.’s reverse acquisition ofTabatha IV, Inc. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Loans by Shareholder |
|----------------------|

| From February 7, 2005 (inception), through June 30, 2005, one of Tabatha IV’s directors andlargest shareholder loaned Tabatha IV a total of $110,491.  Since June 30, 2005, this personhas loaned Tabatha IV an additional $28,037.  These loans are not evidenced by promissorynotes.  Rather, these loans were made on open account, bear interest at 6% per annum and arepayable on demand.  This shareholder has advised Tabatha IV that he does not intend todemand repayment of any amount loaned, until such time as any such repayment would notadversely affect the financial condition of Tabatha IV. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| NOTE F | Commitments and Contingencies |
|--------|-------------------------------|

| Operating leases |
|------------------|

| Tabatha IV is obligated under a non-cancellable operating lease for a van, and office spacethrough 2010.  The future minimum payments under all long-term non-cancellable operatingleases at June 30, 2005, are approximately as follows: |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2006 |   | $45,161 |   |
|--------|------|--------|---------|--------|

|   | 2007 |   | 49,037 |   |
|--------|------|--------|--------|--------|

|   | 2008 |   | 36,121 |   |
|--------|------|--------|--------|--------|

|   | 2009 |   | 5,121 |   |
|--------|------|--------|-------|--------|

|   | 2010 |   | 5,121 |   |
|--------|------|--------|-------|--------|

|   |   |   | $140,561 |   |
|--------|--------|--------|----------|--------|

|   |
|--------|

| NOTE G | Quarterly Data |
|--------|----------------|

| The following is a tabulation of Tabatha IV’s quarterly results for the period ended June 30,2005. |
|----------------------------------------------------------------------------------------------------------|

| Period Ended June 30, 2005 | 1Q |   | 2Q |   | 3Q |   | 4Q |   | Total |
|----------------------------|----|--------|----|--------|----|--------|----|--------|-------|

| Revenues | $ - |   | $ - |   | $39,375 |   | $185,509 |   | $224,884 |
|----------|-----|--------|-----|--------|---------|--------|----------|--------|----------|

| Cost of Sales, Selling, General andAdministrative Expense | - |   | - |   | 62,251 |   | 284,420 |   | 346,671 |
|-----------------------------------------------------------|---|--------|---|--------|--------|--------|---------|--------|---------|

| Net Loss | $ - |   | $ - |   | $(22,876) |   | $(98,911) |   | $(121,787) |
|----------|-----|--------|-----|--------|-----------|--------|-----------|--------|------------|

| Loss per Common Share | $ - |   | $ - |   | $ - |   | $ - |   | $ - |
|-----------------------|-----|--------|-----|--------|-----|--------|-----|--------|-----|

|   |
|--------|

| NOTE H | Subsequent Events |
|--------|-------------------|

| Tabatha IV has recently signed separate letters of intent to acquire three private temporarystaffing companies located in the Dallas/Fort Worth metro area.  These acquisitions are to bemade substantially for cash.  Tabatha IV does not possess the funds needed to consummate anyof these proposed acquisitions, although it is actively pursuing sources of financing for theseproposed acquisitions. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|