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SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549

FORM 10-QSB

Quarterly report under Section 13 or 15(d) of 
the Securities Exchange Act of 1934 for 
the quarterly period ended March 31, 2005

Transition report under Section 13 or 15(d) of 
the Securities Exchange Act of 1934 for the transition period from ____ to ____

Commission file number: 001-07894

VINOBLE, INC.

Delaware
      95-2312900(State or Other Jurisdiction of
      (I.R.S.
      Employer Identification No.)Incorporation or Organization)


23852 Pacific Coast Hwy, #167, Malibu CA 90265(Address of Principal Executive Offices)


(310) 456-3199(Registrant's telephone number, including area code)

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

Yes X        
No __

The number of outstanding shares
of the issuer's common stock, $0.001 par value, as of May 5, 2005 was
23,185,000.

Transitional Small Business
Disclosure Format (Check one): Yes __ No X

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|               |                                                           |    
|-------------- | --------------------------------------------------------- | ---
|VINOBLE, INC. 
|               |                                                           |    
|INDEX         
|               |                                                           |    
|               |                                                           |    
|PART
    I -   | FINANCIAL INFORMATION                                     | F-1
|               |                                                           |    
|ITEM
    1.    | FINANCIAL STATEMENTS                                      | F-1
|ITEM 2.        | MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION | 1  
|ITEM 3.        | CONTROLS AND PROCEDURES                                   | 13 
|               |                                                           |    
|PART II -      | OTHER INFORMATION                                         | 13 
|               |                                                           |    
|ITEM 1.        | LEGAL
    PROCEEDINGS                                     | 13 
|ITEM 2.        | UNREGISTERED SALES OFSECURITIES AND USE OF PROCEEDS       | 13 
|ITEM 3.        | DEFAULTS UPON SENIOR SECURITIES                           | 14 
|ITEM 4.        | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS       | 14 
|ITEM 5.        | OTHER
    INFORMATION                                     | 14 
|ITEM 6.        | EXHIBITS AND
    REPORTS ON FORM 8-K                      | 14 
|               |                                                           |    
|SIGNATURES     | 14                                                       
|               |                                                           |    
|CERTIFICATIONS |                                                          

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|                                                                                                                                                                        |     
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----
|                                                                                                                                                                        |     
|PART I - FINANCIAL INFORMATION                                                                                                                                          |     
|                                                                                                                                                                        |     
|ITEM 1. FINANCIAL STATEMENTS                                                                                                                                            |     
|                                                                                                                                                                        |     
|(a) Condensed
    Financial Statements                                                                                                                                  | Page
|                                                                                                                                                                        |     
|Condensed Balance Sheets (Unaudited) as of June 30, 2004 and March 31, 2005                                                                                             | F-1 
|                                                                                                                                                                        |     
|Condensed Statements of Operations (Unaudited) For the Three and Nine Months
    Ended March 31, 2004 and 2005, and from Inception (July 1, 2001) to March
    31, 2005 | F-2 
|                                                                                                                                                                        |     
|Condensed Statements of Cash Flows (Unaudited) For the Nine Months Ended
    March 31, 2004 and 2005, and from Inception (July 1, 2001) to March 31, 2005               | F-3 
|                                                                                                                                                                        |     
|Notes to Condensed Financial Statements                                                                                                                                 | F-5 

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|Vinoble, Inc.                                                                        
|-------------------------------------------------------------------------------------
|(A Development Stage Company)                                                        
|                                                                                     
|Condensed Balance Sheets                                                             
|                                                                                     
|                                                                                     
|                                                                                     
|                                                                                     
|ASSETS                                                                               
|                                                                                     
|CURRENT ASSETS                                                                       
|Cash                                                                                 
|Prepaid Assets                                                                       
|Deferred acquisition cost                                                            
|Other Assets                                                                         
|                                                                                     
|Total Current Assets                                                                 
|                                                                                     
|TOTAL
    ASSETS                                                                     
|                                                                                     
|                                                                                     
|LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                                       
|                                                                                     
|CURRENT LIABILITIES                                                                  
|Accounts payable and accrued liabilities                                             
|Accrued liabilities - related parties                                                
|Bank overdraft                                                                       
|Notes payable with accrued interest                                                  
|Notes payable with accrued interest - Interactive Ideas Consulting Group             
|                                                                                     
|Total Current Liabilities                                                            
|                                                                                     
|STOCKHOLDERS' EQUITY (DEFICIT)                                                       
|Preferred Stock, $.001 par value, 10,000,000 shares authorized                       
|Series A Preferred Stock, nil and 100 shares issued and outstanding,
    respectively
|Series B Preferred Stock, nil and 100 shares issued and outstanding,
    respectively
|Common
    stock, $.001 par value, 400,000,000 shares                                
|authorized; 150,571 and 20,005,000 shares respectively, issued and
    outstanding   
|Additional paid-in capital                                                           
|Stock
    subscription receivable                                                    
|Common
    stock held in escrow                                                      
|Treasury stock, 1,620 shares                                                         
|Accumulated deficit                                                                  
|                                                                                     
|Total Stockholders' Equity (Deficit)                                                 
|                                                                                     
|TOTAL
    LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)                             
|                                                                                     
|The accompanying notes are an integral part of these financial statements.           

F-1

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|Vinoble, Inc.                                                             
|--------------------------------------------------------------------------
|(A Development Stage Company)                                             
|                                                                          
|Condensed Statements of
    Operations                                    
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|                                                                          
|General and administrative expenses                                       
|                                                                          
|Loss
    from operations                                                  
|                                                                          
|Other
    income and expenses                                             
|Gain from extinguishments of debt                                         
|                                                                          
|Gain from settlement of lawsuit                                           
|                                                                          
|Interest expense                                                          
|                                                                          
|Net
    Loss from continuing                                              
|operations after other income                                             
|                                                                          
|Discontinued operations                                                   
|Loss on operations of Visual                                              
|Interviews, Inc., less applicable taxes                                   
|                                                                          
|Loss on disposal of Visual                                                
|Interviews, Inc., less applicable taxes                                   
|                                                                          
|                                                                          
|                                                                          
|Provision for loss on related                                             
|parties notes receivable                                                  
|                                                                          
|Net
    Loss                                                              
|                                                                          
|Basic
    weighted average number                                         
|of common shares outstanding                                              
|                                                                          
|Net
    Loss per common share, Basic                                      
|                                                                          
|The accompanying notes are an integral part of these financial statements.

F-2

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|Vinoble, Inc.                                                                     
|----------------------------------------------------------------------------------
|(A Development Stage Company)                                                     
|                                                                                  
|Condensed Statements of Cash
    Flows                                            
|                                                                                  
|                                                                                  
|                                                                                  
|                                                                                  
|                                                                                  
|                                                                                  
|CASH FLOWS FROM OPERATING ACTIVITIES                                              
|Net Loss                                                                          
|Adjustments to reconcile net loss to net cash provided by operating
    activities
|Non-cash adjustments:                                                             
|Effect of merger                                                                  
|Provision for loss on receivable received in merger                               
|Issuance of stock for services                                                    
|Gain from extinguishments of debt                                                 
|Gain from settlement of lawsuit                                                   
|Issuance of stock for Accrued liabilities - related-parties                       
|Issuance of stock for Notes payable with accrued interest                         
|Issuance of stock for Subscription receivable                                     
|Issuance of stock for Cost of inducement                                          
|Changes in:                                                                       
|Accounts receivable                                                               
|Prepaid expenses                                                                  
|Deferred cost of acquisition                                                      
|Accounts payable and accrued liabilities                                          
|Accrued liabilities - related parties                                             
|Accrued interest                                                                  
|NET CASH USED IN OPERATING ACTIVITIES                                             
|                                                                                  
|CASH FLOWS FROM FINANCING ACTIVITIES                                              
|Bank overdraft                                                                    
|Payment received on subscription receivable                                       
|Offering costs                                                                    
|Notes payable                                                                     
|Proceeds from sale of common stock                                                
|Payment on Note payable - Hudson Consulting Group, Inc.                           
|NET CASH PROVIDED BY FINANCING ACTIVITIES                                         
|                                                                                  
|NET
    CHANGE IN CASH                                                            
|                                                                                  
|Cash,
    beginning of period                                                     
|                                                                                  
|Cash,
    end of period                                                           
|                                                                                  
|Table
    continued, page F-4                                                     

F-3

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| |             |                   |  |  |  | 
| | ----------- | ----------------- |  |  |  | 
| |             | Nine Months Ended |  | 
| |             | March 31,         |  | 
| | 2004        | 2005              |  | 
| | (Unaudited) | (Unaudited)       | 

|                                                                           |   |           |   |           |  | 
|-------------------------------------------------------------------------- | - | --------- | - | --------- |  | 
|SUPPLEMENTAL SCHEDULE OF NON- CASH
    INVESTING ACTIVITIES:              
|                                                                           |   |           |   |           |  | 
|Issuance of common stock for services                                      | $ | 1,166,610 | $ | 2,106,473 |  | 
|Issuance of common stock for prepaid services                              | $ | 2,002,704 | $ | 700,833   |  | 
|Issuance of preferred stock for cost of inducement                         | $ | -         | $ | 5,515,613 |  | 
|                                                                           |   |           |   |           |  | 
|                                                                           |   |           |   |           |  | 
|The accompanying notes are an integral part of these financial statements.



F-4

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Vinoble, Inc.(A Development Stage Company)Notes to
Unaudited Financial Statements1. ORGANIZATION AND BUSINESS
Vinoble, Inc. ("Vinoble" or the "Company"), a Delaware corporation, is in the
development stage, as defined in Financial Accounting Standards Board Statement
No. 7. The Company's year end is June 30.
The Company has focused efforts on identifying and evaluating business
opportunities for acquisition or merger to provide long-term growth for its
shareholders

and to meet its objective of attaining a listing on a national
exchange. To assist in achieving that goal, the Company effected a 500-for-one
reverse split as approved by a majority of the holders of common stock by
written consent. Concurrently, the Company changed its name from Ohana
Enterprises, Inc. to Vinoble, Inc. Both the name change and the reverse split
became effective on November 19, 2004. All share numbers and values have been
retroactively restated for purposes of comparison.

The Company's strategy is targeted at the homeland security,
security information systems, and other security services. As part of this
strategy, the Company has entered into an Agreement and Plan of Reorganization
("Agreement") with GarcyCo Capital Corp. ("GCCC") which will facilitate the
Company's acquisition plan. The Agreement provides that Vinoble will acquire
from GCCC certain property and businesses and in consideration, GCCC shall
receive 12,500,000 shares of Vinoble's common stock which will be used for the
purposes of acquiring other businesses and assets as identified by GCCC and
Vinoble. GCCC shall have two years to meet all of the obligations under the
Agreement. Should GCCC fail to meet any or all of its commitments, then GCCC
shall be required to forfeit the pro-rata balance of the 12,500,000 shares of
Common stock issued by Vinoble. Additionally, GCCC is to be issued 100 shares of
non-revocable, Vinoble Series A Convertible Preferred Stock and 100 shares of
non-revocable, Vinoble Series B Preferred Stock. The Series A Convertible
Preferred Stock shall convert into 50.1% of Vinoble's Common stock at time of
conversion. Time of conversion shall be determined at the sole discretion of the
shareholder of record. The Series A Convertible Preferred Stock shall have one
vote per share until said shares are retired at time of conversion. The Series B
Convertible Preferred Stock shall convert into Common Stock at a ratio of 1 for
1. Time of conversion shall be determined at the sole discretion of the
shareholder of record. Each share of Series B Convertible Preferred Stock shall
be entitled to 1,000,000 votes until such shares are convened into Common Stock.

On December 29, 2004, Vinoble entered into non-binding agreements for the
acquisitions of 100% of the assets of 21st Sentry Monitoring Systems,
Inc. ("Sentry"), Inc. and 100% of the assets of MSI. Although management
discussions are ongoing, no definitive agreements have been made as of the date
of this filing. Vinoble is exploring other relationship structures with Sentry
and MSI as an alternate path toward acquisition.

Sentry supports traditional fire and burglar alarm systems in residential and
commercial environments, and has developed relationships with more than 200
alarm installer/dealers that bring new clients to the central station every
month. With more than five years of operation in the industry and steady annual
growth, the company currently maintains a client base of more than 19,000
customers nationwide. In an effort to offer a more comprehensive suite of
security services and create new cross-sell opportunities within Sentry's
existing client base, Vinoble intends to expand the operations of Sentry to
include mobile alarm sensors, GPS (Global Positioning Systems) and RFID (Radio
Frequency Identification) asset tracking services, CCTV (Closed Circuit
Television) and other forms of data feeds.

MSI is an established 29-year old business located in Stony
Brook, New York, which offers physical security services in the retail sector of
the security business. The company offers a range of services designed to
protect clients' physical infrastructure, property and personnel.

Consummation of the Sentry and MSI acquisitions is dependent on several
factors, including but not limited to the satisfactory completion of due
diligence, and the negotiation of definitive acquisition agreements. There can
be no assurance that either acquisition will be consummated successfully. While
management is engaged in ongoing discussions regarding its relationships with
each Sentry and MSI, there can be no assurance that any such relationship will
be agreed upon to the satisfactory terms of both parties.

Joseph Lively became Chief Executive Officer of Vinoble on February 11, 2005. 
However, Mr. Lively has subsequently resigned from that position to alleviate
some of the financial burden to the Company (See Note 8 - Subsequent Events).  Thomas Welch declined his appointment as Chief
Operating Officer which was also to be effective on February 11, 2005. The
Company had previously entered into non-binding Memoranda of Understanding to
acquire Secure Enterprise Solutions, Inc., WISE Learning Solutions, Inc. and
Welch & Welch Investigations, Inc., each of which is owned Mr. Thomas Welch.
Consequently, the Company and Mr. Welch will not seek definitive agreements for
those acquisitions.

Vinoble is continuing its efforts and has identified and begun initial
discussions with management of two businesses in the Wireless Asset Tracking
sub-sector of Homeland Security. These companies possess existing technologies
that may provide certain components in the asset tracking and management of
customer mobile and non-mobile assets. Vinoble intends to license and purchase
specific application technology and assets to provide end-to-end solutions for
the tracking, management, and monitoring of both mobile and non-mobile assets.
The Company anticipates the need for the convergence and use of

F-5

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Vinoble, Inc.(A Development Stage Company)

Notes to Unaudited Financial Statements

1. ORGANIZATION AND BUSINESS (Continued from F-5)

Radio Frequency Identification ("RFID"), Satellite Communications such as
Global Positioning Systems ("GPS") and other technologies such as Biometrics as
a solution for safeguarding physical and human assets.

Vinoble is continuing its due diligence on another acquisition candidate,
which is not a security related company. The business is a leader in a niche
market and has the potential to contribute significant asset value to Vinoble.
Vinoble intends to continue to seek and identify opportunities that will enhance
the Company's strategy.

There can be no assurance that the results of the due diligence will be
satisfactory or that the acquisitions will be consummated, or that if
consummated, the businesses will be successfully integrated into the Company's
operations.

2. BASIS OF PRESENTATION

The accompanying unaudited financial statements have been derived from the
accounts of Vinoble, Inc. The financial statements have been prepared in
accordance with generally accepted accounting principles for interim financial
information and in accordance with the instructions for Form 10-QSB.
Accordingly, they do not include all of the information and footnotes required
by accounting principles generally accepted in the United States.

In the opinion of management, the unaudited interim financial statements for
the three and nine month periods ended March 31, 2005, are presented on a basis
consistent with the audited financial statements and reflect all adjustments,
consisting only of normal recurring accruals, necessary for fair presentation of
the results of such period. The results for the three and nine months ended
March 31, 2005 are not necessarily indicative of the results of operations for
the full year ending June 30, 2005. These unaudited financial statements should
be read in conjunction with the audited financial statements and notes thereto
included in the Company's Annual Report on Form 10-KSB for the year ended June
30, 2004.

The preparation of the financial statements in conformity
with accounting principles generally accepted in the United States requires
management to make estimates and assumptions that affect the amounts reported in
the financial statements. Actual results may differ from those estimates.

3. DEFERRED COST OF ACQUISITION

As of March 31, 2005, the Company has accumulated $235,246 in acquisition
costs. The amount includes costs paid to consultants for services provided and
to be provided in relation to the acquisition and inspection fees. The Company
issued, and the consultants agreed to accept in lieu of cash, an aggregate of
453,882 shares of common stock, par $.001, on a post-split basis as payment for
these services. Additionally, the Company has paid $4,145 in cash for inspection
fees in connection with one of the acquisitions.

F-6

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Vinoble, Inc.(A Development Stage Company)

Notes to Unaudited Financial Statements

4. RELATED PARTY PAYABLES

As of March 31, 2005, the Company owes a total of $45,031 to management and
consultants as reimbursement for expenses incurred during the development phase
of operations. Included in this amount is $10,000 owed to Isaac Simmons and
Kathyrn A. Christmann, parents of Catherine Thompson, the Company's Chief
Financial Officer, as reimbursement for legal
fees paid in the litigation against Hudson Consulting Group, Inc. and $14,167
owed to Joseph Lively, the Company's Chief Executive Officer, for his compensation for the month of March.

Additionally, Vinoble agreed to reimburse Ms. Thompson and Mr. Lively for out
of pocket expenses incurred on behalf of Vinoble. Currently, the Company owes an
aggregate $ 20,864 for such expenses, including $17,869 to Ms. Thompson and $2,995 to Mr. Lively.

5. PREFERRED STOCK

The Company has 10,000,000 shares of $.001 par value Preferred Stock
authorized. Pursuant to the Agreement with GCCC, the Company issued 100 shares
of non-revocable, Series A Convertible Preferred Stock ("Series A") and 100 shares of
non-revocable, Series B Convertible Preferred Stock ("Series B") on February 11,
2005. The Series A shall convert into 50.1% of Vinoble's
Common stock at time of conversion. Time of conversion shall be determined at
the sole discretion of the shareholder of record. The Series A  shall have one vote per share until said shares are retired at
time of conversion. The Series B shall convert into
Common Stock at a ratio of 1 for 1. Time of conversion shall be determined at
the sole discretion of the shareholder of record. Each share of Series B
shall be entitled to 1,000,000 votes until such
shares are converted into Common Stock.  The Certificates of Determination
for the Series A and Series B are being prepared and will be filed with the
State of Delaware.

Both the Series A and Series B issuances are valued as if
converted on the effective date of the Agreement, February 11, 2005. On that
date the Company had 17,405,000 shares of common stock issued and outstanding,
valued at $5,493,563. Conversion of the Series A to equate to 50.1% of the total
issued and outstanding Common stock would require the issuance of 17,474,760
shares for a total of 34,879,760 shares of Common stock issued and outstanding.
The value of the 17,464,760 shares at the average price per share of $.32 on
February 11, 2005, is $5,515,581. Similarly, the 100 shares of Series B converts
1 for 1 to 100 shares of Common stock valued at $32. The par value of the
Preferred stock for each Series A and Series B is $.001 and, therefore, for 100
shares, the value is negligible for purposes of financial statement
presentation. The balance of $5,515,580.90 and $31.90 is included in Additional
paid in capital.

6. ESCROWED SHARES

In accordance with the Agreement, the Company issued
12,500,000 shares of Common stock in the name of GCCC for the purposes of
acquiring businesses and assets as identified by GCCC and Vinoble. GCCC shall
have two years to meet all of the obligations under the Agreement. Should GCCC
fail to meet any or all of its commitments, then GCCC shall be required to
forfeit the pro-rata balance of the 12,500,000 shares of Common stock issued by
Vinoble. The shares were valued at $.40 for an aggregate value of $5,000,000 and
are held in escrow to be paid out as required to execute the acquisitions.

7. SUBSCRIPTION RECEIVABLES

On September 14, 2004, the Company executed a Stock Purchase Agreement (the
"SPA") with GarcyCo Capital Corp. ("GCCC"). The SPA calls for the issuance by
the Company of an aggregate of 400,000 shares of common stock, post-split, to
GCCC in consideration of the payment of $500,000 in cash. The Company is to
receive the funds in $50,000 increments each quarter, beginning October 15,
2004. The 400,000 shares will be held in escrow by the Company and delivered on
a pro-rata basis within 10 days of receipt of each installment. All shares are
restricted within the meaning of Rule 144 under the Securities Act and must be
held indefinitely unless subsequently registered or qualified for exemption. The
SPA includes a provision that the purchase price per share, and therefore the
number of shares to be delivered at the time of each installment payment, will
be calculated for each installment at the lesser of: (a) $1.25 or (b) a 37.5%
discount to the 10 day trailing closing price of the Company's common stock at
the time of each payment. As of December 31, 2004, the Company had received
$50,000 of the first installment due on October 15, 2004 and $3,800 to be
applied to the next installment of $50,000 due on March 31, 2005. Upon payment
of the installments, the Company delivered to GCCC 85,257 shares in aggregate
from the 400,000 held in escrow. Per the terms of the agreement, the
aforementioned issuance caused a deficit in the escrow account of 42,226 shares.
GCCC requested that the additional shares be issued to be held in the escrow
account in order to maintain the value established by the agreement. The
additional 42,226 shares of restricted common stock, par $ .001, were issued on
December 14, 2004 and are being held in escrow. As of March 31, 2005, the
Company had received $31,069 toward the $50,000 installment due on that date.

F-7

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Vinoble, Inc.(A Development Stage Company)

Notes to Unaudited Financial Statements

8. SUBSEQUENT EVENTS

As of the date of this filing the Company has received a total of $90,969
from GarcyCo Capital Corp. The Company has delivered 286,485 shares of common
stock from escrow valued at an average price of $.32 per share. The balance of
70,484 shares remain in escrow.  In accordance with the terms of the Stock
Purchase Agreement with GCCC, the purchase price per share of the 400,000
shares, and therefore the number of shares to be delivered at the time of each
installment payment, is to be calculated for each installment at the lesser of:
(a) $1.25 or (b) a 37.5% discount to the 10 day trailing closing price of the
Company's common stock at the time of each payment.  The Company's stock
price has not exceeded $1.25 and, therefore, it is recognized that the Company
will be required to issue additional shares to satisfy the terms of the
agreement. The number of shares in deficit is 213, 709 calculated using method
(b) as previously described.

On May 13, 2005, the Company received the written resignation of Joseph
Lively from his position as President and CEO in the interests of alleviating
some of the financial burden to the Company.  Mr. Lively has agreed to
remain a consultant to the Company and will continue to work with the Company on
its acquisition strategy.  The Company will not endeavor to seek a new CEO
immediately but may do so as it becomes necessary should Mr. Lively not accept
the position.  In the interim, Catherine Thompson, the Company's Chief
Financial Officer, will assume the duties of CEO.  At this time it is
unknown as to whether Mr. Lively will participate as a Director or if GCCC will
designate a new representative for the Board of Directors of Vinoble.

F-8

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ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

THIS REPORT CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION
21E OF THE SECURITIES EXCHANGE ACT OF 1934, INCLUDING, WITHOUT LIMITATION,
STATEMENTS REGARDING THE COMPANY'S EXPECTATIONS, BELIEFS, INTENTIONS OR FUTURE
STRATEGIES THAT ARE SIGNIFIED BY THE WORDS "EXPECTS", "ANTICIPATES", "INTENDS",
"BELIEVES", OR SIMILAR LANGUAGE. THESE FORWARD-LOOKING STATEMENTS INVOLVE RISKS,
UNCERTAINTIES AND OTHER FACTORS. ALL FORWARD- -LOOKING STATEMENTS INCLUDED IN
THIS DOCUMENT ARE BASED ON INFORMATION AVAILABLE TO THE COMPANY ON THE DATE
HEREOF AND SPEAK ONLY AS OF THE DATE HEREOF. THE FACTORS DISCUSSED BELOW UNDER
"FORWARD-LOOKING STATEMENTS" AND ELSEWHERE IN THIS QUARTERLY REPORT ON FORM
10-QSB AND IN THE COMPANY'S ANNUAL REPORT ON FORM 10-KSB FOR THE YEAR ENDED JUNE
30, 2004, ARE AMONG THOSE FACTORS THAT IN SOME CASES HAVE AFFECTED THE COMPANY'S
RESULTS AND COULD CAUSE THE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
PROJECTED IN THE FORWARD-LOOKING STATEMENTS.

The following discussion should be read in conjunction with the condensed
financial statements and notes thereto.

PLAN OF OPERATION

BACKGROUND

The Company emerged from
bankruptcy on August 21, 1999 as Erly Industries, Inc. On January 24, 2001, Erly
Industries, Inc. changed its domicile from California to Delaware and changed
its name to Torchmail Communications, Inc. On October 18, 2002, the Company
consummated the acquisition of 100% of the outstanding common stock of Visual
Interviews, Inc., a Nevada corporation ("VI") in exchange for the issuance of an
aggregate of 18,769 shares of the Company's common stock on a post-split basis
to the former VI shareholders.

This acquisition resulted from the
Company's efforts over a period of time to locate an existing business or
business assets with which the Company could enter into a merger or acquisition.
On December 10, 2002, the Company changed its name to Ohana Enterprises, Inc. in
association with the change in control and acquisition of VI. Ohana Enterprises,
Inc. was a holding company with no operations. VI was a wholly-owned subsidiary
of the Company, and was the only operational business within the Company.
However, the VI business plan required significant operating expenses in order
to develop and expand its business model, its technology and its operations, as
well as to respond to unanticipated competitive pressures. VI did not have a
source of operating capital as it was still in the development stage. In October
2003, the Company suspended the development and operations of VI and began to
pursue potential opportunities for acquisition or merger that would contribute
an operating business to Ohana.

After an extensive review and
consideration of available opportunities, on April 1, 2004, the Company acquired
100% of the issued and outstanding common stock of RestauranTech ("RestauranTech")
from its parent company, Interactive Ideas Consulting Group ("IICG"), in
consideration for the issuance to IICG of an aggregate of 3,400 shares of the
Company's Series A Convertible Preferred Stock (the "Series A Preferred Stock").
An additional 1,000 shares of Series A Preferred Stock was to be issued for services in
connection with the acquisition. The Series A Preferred Stock was intended to be
convertible into common stock at a ratio of 100 shares of common stock for every
one share of Series A Preferred Stock. Neal Weisman, a shareholder of the
Company, was the former president and a former shareholder of IICG. At April 1,
2004, the Company had an aggregate of 126,834 shares of common stock outstanding
on a fully-diluted, post-split, basis. Therefore, if IICG had converted all of
the Series A Preferred Stock issuable on that date, it would have owned and
controlled 77.62% of the Company's fully-diluted common stock and 77.62% of the
Company's outstanding common stock calculated pursuant to Rule 13d-3(d)(1)(B) of
the Securities Exchange Act of 1934.

1

---



Subsequent to the closing of the
acquisition of RestauranTech, certain differences in strategic direction for the
organization and other issues arose which caused the Company and IICG to
mutually rescind the transaction on May 27, 2004. The Series A Preferred Stock
had not been issued, and the Board of Directors rescinded the resolution
authorizing its issuance. The Rescission Agreement required the Company to clear
certain outstanding balances and reimburse certain expenses of IICG incurred in
connection with the acquisition. This obligation is evidenced by a Convertible
Promissory Note in the principal amount of $160,000 (the "Note"). The Note bears
interest at the rate of 8% per annum and is due and payable in full on or before
May 26, 2005. The Note requires that certain installment payments be made to
IICG contingent upon the receipt of certain funding levels by the Company. If
the Company receives $100,000 - $250,000 in funding during the term of the Note,
the Company is required to pay 20% of those funds toward the amounts owing on
the Note. If the Company receives $250,001 - $500,000 during the term of the
Note, the Company is required to pay 25% of those funds toward the amounts owing
on the Note. If the Company receives funding of an amount greater than $500,000,
it is required to pay the full amount of principal and interest owing on the
Note. The Note is convertible into the Company's common stock after January 2,
2005, at a conversion price equal to the closing bid price for the Company's
common stock on the date prior to the date of notice of conversion. Conversion
is automatic at maturity if IICG does not request conversion earlier and if
there is no event of default. The shares would be issued as restricted common
stock but would have piggy-back registration rights. To date, IICG has not
elected to convert the Note.

Since June 2004, the Company has
renewed its search for an operating business or assets for acquisition. This
search gained momentum in September 2004, due in part to the consummation of a
significant investment in the Company by a strategic partner. On September 14,
2004, the Company executed a Stock Purchase Agreement (the "SPA") with GarcyCo
Capital Corp. ("GCCC"). The SPA calls for the issuance by the Company of an
aggregate of 400,000 shares of common stock, post-split, to GCCC in
consideration of the payment of $500,000 in cash. The Company is to receive the
funds in $50,000 increments beginning October 15, 2004 and continuing each
calendar quarter from and after March 31, 2005. The 400,000 shares will be held
in escrow by the Company and delivered on a pro-rata basis within 10 days of
receipt of each installment. All shares are restricted within the meaning of
Rule 144 under the Securities Act and must be held indefinitely unless
subsequently registered or qualified for exemption. The SPA includes a provision
that the purchase price per share, and therefore the number of shares to be
delivered at the time of each installment payment, will be calculated for each
installment at the lesser of: (a) $1.25 or (b) a 37.5% discount to the 10 day
trailing closing price of the Company's common stock at the time of each
payment. As part of the consideration for the SPA, GCCC has the right to elect
one Board Member and agreed to retain Catherine Thompson and Michael Avatar on
the Board of Directors and as consultants through the next fiscal year, ending
June 30, 2005. GCCC has designated Joseph Lively as its representative on the
Board of Directors, however, Mr. Lively has not yet accepted the position, and
it is unknown at this time as to whether Mr. Lively will participate as a
Director or if GCCC will designate a new representative for the Board of
Directors of Vinoble.

At September 14, 2004, the Company
had an aggregate of 305,108 shares of common stock outstanding on a
fully-diluted basis, post-split. Based on the price of the Company's common
stock at that date, GCCC would own and control approximately 56.73% of the
Company's fully-diluted common stock and 56.73% of the Company's outstanding
common stock calculated pursuant to Rule 13d-3(d)(1)(B) of the Securities
Exchange Act of 1934. As of the date of this filing the Company has received a
total of $90,969 from GCCC and has delivered 286,485 shares of common stock from
escrow valued at an average price of $0.32 per share. On December 14, 2004, an
additional 42,226 shares of restricted common stock were issued to be held in
the escrow account in order to maintain the value established by the agreement.
As of the date of this filing, the total balance of 70,484 shares is currently
being held in escrow and the remaining deficit in the escrow account is 213,709
shares, as calculated using method (b) described above.

The principals of GCCC are
assisting in finding acquisition candidates for the Company, structuring such
acquisitions and effecting a transition to corporate growth. GCCC and Vinoble
believe that the timing is right to capitalize on the dramatic growth in the
security market by delivering highly valuable professional services, security
products, security training and managed security services. The principals of
GCCC have numerous contacts in this industry and as such, they have identified a
number of acquisition targets to assist Vinoble in its Homeland Security roll-up
strategy.

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The Company has focused efforts on
identifying and evaluating business opportunities for acquisition or merger to
meet its objective of attaining a listing on a national exchange. To assist in
achieving that goal, the Company effected a 500-for-one reverse split as
approved by a majority of the holders of common stock by written consent.
Concurrently, the Company changed its name from Ohana Enterprises, Inc. to
Vinoble, Inc. Both the name change and the reverse split became effective on
November 19, 2004.

As part of this strategy, the
Company has entered into an Agreement and Plan of Reorganization with GCCC which
will facilitate the Company's acquisition plan. The Agreement provides that
Vinoble will acquire from GCCC certain property and businesses and in
consideration, GCCC shall receive 12,500,000 shares of Vinoble's common stock
which will be used for the purposes of acquiring other businesses and assets as
identified by GCCC and Vinoble. GCCC shall have two years to meet all of the
obligations under the Agreement. Should GCCC fail to meet any or all of its
commitments, then GCCC shall be required to forfeit the pro-rata balance of the
12,500,000 shares of Common stock issued by Vinoble. Additionally, GCCC is to be
issued 100 shares of non-revocable, Vinoble Series A Convertible Preferred Stock
and 100 shares of non-revocable, Vinoble Series B Preferred Stock. The Series A
Convertible Preferred Stock shall convert into 50.1% of Vinoble's Common stock
at time of conversion. Time of conversion shall be determined at the sole
discretion of the shareholder of record. The Series A Convertible Preferred
Stock shall have one vote per share until said shares are retired at time of
conversion. The Series B Convertible Preferred Stock shall convert into Common
Stock at a ratio of 1 for 1. Time of conversion shall be determined at the sole
discretion of the shareholder of record. Each share of Series B Convertible
Preferred Stock shall be entitled to 1,000,000 votes until such shares are
converted into Common Stock.

Both the Series A
and Series B issuances are valued as if converted on the effective date of the
Agreement, February 11, 2005. On that date the Company had 17,405,000 shares of
common stock issued and outstanding, valued at $5,493,563. Conversion of the
Series A to equate to 50.1% of the total issued and outstanding Common stock
would require the issuance of 17,474,760 shares for a total of 34,879,760 shares
of Common stock issued and outstanding. The value of the 17,464,760 shares at
the average price per share of $.32 on February 11, 2005, is $5,515,581.
Similarly, the 100 shares of Series B converts 1 for 1 to 100 shares of Common
stock valued at $32. The par value of the Preferred stock for each Series A and
Series B is $.001 and, therefore, for 100 shares, the value is negligible for
purposes of financial statement presentation. The balance of $5,515,580.90 and
$31.90 is included in Additional paid in capital.

Further, in relation to the
Company's plan of reorganization, the Company engaged Mr. Joseph Lively as CEO
effective February 11, 2005.  Mr. Lively subsequently resigned from his
position as President and CEO on May 13, 2005, in the interests of alleviating
some of the financial burden to the Company.  He has agreed to remain a
consultant to the Company and will continue to work with the Company on its
acquisition strategy.  The Company will not endeavor to seek a new CEO
immediately but may do so as it becomes necessary should Mr. Lively not accept
the position.  In the interim, Catherine Thompson, the Company's Chief
Financial Officer, will assume the duties of CEO.  Mr. Lively has also been designated as GarcyCo's
representative on Vinoble's Board of Directors, however, he has not yet accepted
that position.

Thomas Welch declined his
appointment as Chief Operating Officer which was also to be effective on
February 11, 2005. The Company had previously entered into non-binding Memoranda
of Understanding to acquire Secure Enterprise Solutions, Inc., WISE Learning
Solutions, Inc. and Welch & Welch Investigations, Inc., each of which is owned
Mr. Thomas Welch. Consequently, the Company and Mr. Welch will not seek
definitive agreements for those acquisitions.

Pursuant to the Plan of
Reorganization, Vinoble had entered into non-binding Memoranda of 
Understanding ("MOU") with other potential acquisition candidates offering a
diverse selection of services and assets for the Security and Homeland Security
industries.

On December 29, 2004, Vinoble
entered into non-binding agreements for the acquisitions of 100% of the assets
of 21st Sentry Monitoring Systems, Inc. ("Sentry"), Inc.,

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Vinoble is continuing its efforts
and has identified and begun initial discussions with management of two
businesses in the Wireless Asset Tracking sub-sector of Homeland Security. These
companies possess existing technologies that may provide certain components in
the asset tracking and management of customer mobile and non-mobile assets.
Vinoble intends to license and purchase specific application technology and
assets to provide end-to-end solutions for the tracking, management, and
monitoring of both mobile and non-mobile assets. The Company anticipates the
need for the convergence and use of Radio Frequency Identification ("RFID"),
Satellite Communications such as Global Positioning Systems ("GPS") and other
technologies such as Biometrics as a solution for safeguarding physical and
human assets.

One such application would allow
for the secure transport and delivery of hazardous materials. Vinoble believes
there is an opportunity to offer secure access control systems that combine RFID
and biometrics to positively identify both vehicles and drivers as they attempt
to enter or leave a facility. Additionally, these technologies could provide the
client with improved efficiency by tracking and managing their fleet and assets
from a desktop or PDA. Clients would be able to directly communicate with their
drivers thus significantly enhancing the security of critical cargo. GPS
capability would allow the client to track and monitor the transport including
speed, direction, latitude and longitude. With up to the minute information
about the location and status of mobile assets, clients would be able to make
timely decisions that can enhance profitability and the security of assets and
employees.

Similarly, RFID Mobile Location
technology would allow tracking and monitoring for corporate, executive and
personal safety. RFID Mobile Location technology contains unique verification
numbers that cannot be reproduced and can be used to provide subscriber provided
personal related information. Unlike other forms of identification it cannot be
stolen, lost or counterfeited. About the size of a grain of rice, this
technology can be either imbedded or threaded into clothing; or it can be
implanted just under the skin via quick outpatient procedure. This technology
could provide an added level of safety and security from the threat of terrorist
or criminal activity such as kidnapping. Conversely, law enforcement officials
could require the use of such technology as a condition for parole, either
limiting travel or admittance to certain locations that may become dangerous or
harmful to potential past or future victims.

The Company has not yet entered
into any agreements regarding these technologies but with the expertise and
contacts of Joe Lively and GCCC is continuing to seek and evaluate businesses
and technologies for the development, convergence and deployment of technologies
that can provide the basis for wireless asset tracking of mobile and non-mobile
assets. Given the projected growth of the industry, Vinoble believes that
numerous opportunities will exist for the development of such technologies and
applications.

Vinoble is continuing its due
diligence on another acquisition candidate which is not a security related
company. The business is a leader in a niche market and has the potential to
contribute significant asset value to Vinoble.

Consummation of any acquisition is
dependent on several factors, including but not limited to the satisfactory
completion of due diligence, and the negotiation of definitive acquisition
agreements. There can be no assurance that the results of the due diligence will
be satisfactory or that the acquisitions will be consummated, or that if
consummated, the businesses will be successfully integrated into the Company's

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operations. In the event that the acquisitions do not
materialize, the Company will continue to seek other opportunities. The Company
does not plan to limit its options to any particular industry, but will evaluate
each opportunity on its merits.

RESULTS OF OPERATIONS

Three and Nine Months Ended March 31, 2005 Compared To Three and Nine
Months Ended March 31, 2004

Revenues. The Company did not
generate any revenue in the three-month or nine-month periods ended March 31,
2005, and 2004, respectively. Since the cessation of all activities of VI in
October 2003 due to the lack of operating capital, the Company's focus has been
on the evaluation and selection of an existing business to effect a merger or
acquisition. At June 30, 2004, the Company discontinued VI's operations and
recognized a loss, less applicable taxes, of $73,025. The Company has entered
into several non-binding Memoranda of Understanding to acquire certain
businesses and revenue earning assets. Additionally, Vinoble is also in
discussions with two other businesses which have existing technologies that may
provide the Company certain components for asset tracking and management of
customer mobile and non-mobile assets. However, as of the date of this filing,
no definitive agreements have been reached and there can be no assurance that
any of these acquisitions will be consummated.

General and Administrative
Expenses. The Company incurred $7,139,597 in general and administrative expenses
for the three months ended March 31, 2005, compared to $1,274,426 for the three
months ended March 31, 2004. The Company incurred $8,375,139 in general and
administrative expenses for the nine months ended March 31, 2005, compared to
$1,700,395 for the nine months ended March 31, 2004. The increases in the three
and nine month periods of 2005 were due primarily to expenses incurred to
facilitate the growth of Vinoble through acquisition and fundraising efforts.  In the quarter ended March 31,
2005, the Company expensed the value of the preferred stock issuances to GCCC in
the amount of $5,515,613, valued using the effective date of the Agreement,
February 11, 2005, as the date of conversion.  Also included in general and
administrative expense for the three months ended March 31, 2005 was $1,276,667
of expense related to the issuance of an aggregate of 2,802,300 shares of common
stock to consultants in lieu of cash compensation. In addition, $301,667 of
expense was related to the prior issuance of 518,642 shares, for prepaid
expenses. At March 31, 2005, the Company had virtually no cash. Consultants
receiving stock agreed to receive these securities, in lieu of cash, for payment
of services rendered. For the nine months ended March 31, 2005, an aggregate of
3,161,361 shares of common stock were issued and expensed for similar non-cash
compensation and 572,658 shares were expensed for consulting services from
prepaid services.

Sales and Marketing Expenses. The
Company has incurred no sales and marketing expenses since the date of inception
as it has been a development stage company.

Interest Expense. The Company
recognized interest expense of $3,156 in the three months ended March 31, 2005,
and $10,562 in the nine months ended March 31, 2005, representing interest on
borrowings during the period. No interest expense was incurred in the comparable
periods in 2003.

Loss on Operations of VI, less
applicable income taxes.  As the development and
operations of VI ceased in October 2003 and were discontinued in the year ended
June 30, 2004, there were no losses from the operations of IV for the three- and
nine months ended March 31, 2004, or for the comparative periods ended March 31,
2005.

Net Loss. As a result of the
foregoing factors, the Company's net loss increased to $7,142,753 for the three
months ended March 31, 2005, compared to a net loss of $1,191,426 for the three
months ended March 31, 2004. The Company's net loss for the nine months March
31, 2005, increased to

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$8,375,139, compared to a net loss of $1,617,395 for the nine months ended
March 31, 2004. The net loss per share was $0.58 for the three-month period
ended March 31, 2005, a decrease from $13.74 for the three-month period ended
March 31, 2004. The net loss per share was $1.80 for the nine-month period ended
March 31, 2005, a decrease from $37.12 for the nine month period ended March 31,
2004. The significant decrease in the net loss per share for the three- and
nine-month periods ended March 31, 2005 as compared to the respective periods
ended March 31, 2004 is attributed to the adjusted number of shares outstanding
as a result of the Company's 500 for 1 reverse split effected on November 19,
2004.

LIQUIDITY AND CAPITAL RESOURCES

The Company has an immediate need
for capital. At March 31, 2005, the Company had only $67 in cash; the Company
had no cash or cash equivalents at June 30, 2004. The Company used $41,673 in
net cash from operating activities during the nine months ended March 31, 2005,
compared with $89,348 in net cash used by operating activities during the nine
months ended March 31, 2004. The cash provided by operating activities during
the nine months ended March 31, 2005 was largely due to non-cash gains of
$2,807,306 reflecting the issuance of stock for services and prepaid services,
$175,034 for the issuance of stock to related parties for services and out-of
pocket expenses incurred, and $42,371 from the issuance of stock for a note
payable (including accrued interest). Stock was also issued to relieve the
deficit in the stock subscription receivable to GCCC in the amount of $13,184.
These gains were offset by non-cash adjustments of $90,415 from the return of
stock to treasury as a result of a settlement with the Company's former chief
executive officer and from the write-off of the balance owed for a related party
payable in the amount of $415, and $5,515,613 related to the preferred stock
issued to GCCC per the Plan of Agreement for Reorganization. Other changes
affecting net cash used by operating activities at March 31, 2005, included an
increase in deferred cost of acquisitions in the amount of $235,246 and a
decrease in accrued liabilities to related parties of $103,337 offset by
decreases in prepaid expenses of $89,249 and increases in accounts payable and
accrued liabilities of $32,856 and in accrued interest of $6,908. The cash
utilized in operating activities during the nine months ended March 31, 2004
primarily reflected non-cash adjustments of $3,533,894 for the issuance of
common stock for services offset by an $83,000 gain resulting from the
extinguishment of debt as a result of the settlement with Hudson Consulting
Group. Cash changes included increases in accounts receivable of $416 and
prepaid expenses in the amount of $1,998,779 offset by increases in accounts
payable and accrued liabilities of $58,753 and related party payables of
$17,595.

The Company did not utilize cash
for investing activities during either of the nine months ended March 31, 2005
or 2004. Financing activities provided $41,830 of net cash during the nine months
ended March 31, 2005, consisting primarily of $81,069 in proceeds from the
subscription receivable to GCCC offset by payments on notes payable of $39,225.
During the nine months ended March 31, 2004, financing activities provided
$64,158 of net cash to the Company, consisting of $100,000 from the exercise of an
option to purchase 10,000,000 shares of restricted common stock for $.01 per
share, $51,740 received on a subscription receivable and $29,125 received on a
note payable, offset by $117,000 used to settle the litigation with the Hudson
Consulting Group.  An $83,000 gain was realized on the
settlement.

The Company has not had any
revenues to date, and has experienced operating losses since inception primarily
caused by its continued development and administrative costs. As shown in the
accompanying financial statements, the Company incurred a net loss of $8,295,286
for the nine months ended March 31, 2005. Since inception, the Company has
incurred a net loss of $12,760,286. Primarily as a result of these recurring
losses, Vinoble's independent certified public accountants modified their report
on the June 30, 2004 financial statements to include an uncertainty paragraph
wherein they expressed substantial doubt about the Company's ability to continue
as a going concern. Management of the Company is actively seeking additional
capital; however, there can be no assurance that such financing will be
available on terms favorable to the Company, or at all. The financial statements
do not include any adjustments that might be necessary if the Company is unable
to continue as a going concern. Continuation of the Company as a going concern
is dependent on the Company continuing to raise capital, developing significant
revenues and ultimately attaining profitable operations.

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On May 27, 2004, the Company and
IICG mutually rescinded the acquisition of RestauranTech. The Rescission
Agreement required the Company to clear certain outstanding balances and
reimburse certain expenses of IICG incurred in connection with the acquisition.
This obligation is evidenced by a Convertible Promissory Note in the principal
amount of $160,000 (the "Note"). The Note bears interest at the rate of 8% per
annum and is due and payable in full on or before May 26, 2005. The Note
requires that certain installment payments be made to IICG contingent upon the
receipt of certain funding levels by the Company. If the Company receives
$100,000 - $250,000 in funding during the term of the Note, the Company is
required to pay 20% of those funds toward the amounts owing on the Note. If the
Company receives $250,001 - $500,000 during the term of the Note, the Company is
required to pay 25% of those funds toward the amounts owing on the Note. If the
Company receives funding of an amount greater than $500,000, it is required to
pay the full amount of principal and interest owing on the Note. The Note is
convertible into the Company's common stock after January 2, 2005, at a
conversion price equal to the closing bid price for the Company's common stock
on the date prior to the date of notice of conversion. Conversion is automatic
at maturity if IICG does not request conversion earlier and if there is no event
of default. The shares would be issued as restricted common stock but would have
piggy-back registration rights. As of the date of this filing, IICG has not
requested the conversion of the note.

On September 14, 2004, the Company
executed the SPA with GCCC. The SPA calls for the issuance by the Company of an
aggregate of 400,000 shares of common stock to GCCC in consideration of the
payment of $500,000 in cash. The Company is to receive the funds in $50,000
increments beginning October 15, 2004 and continuing each calendar quarter from
and after March 15, 2005. The 400,000 shares will be held in escrow by the
Company and delivered on a pro-rata basis within 10 days of receipt of each
installment. All shares are restricted within the meaning of Rule 144 under the
Securities Act and must be held indefinitely unless subsequently registered or
qualified for exemption. The SPA includes a provision that the purchase price
per share, and therefore the number of shares to be delivered at the time of
each installment payment, will be calculated for each installment at the lesser
of: (a) $1.25 on a post-split basis or (b) a 37.5% discount to the 10 day
trailing closing price of the Company's common stock at the time of each
payment. As part of the consideration for the SPA, GCCC has the right to elect
one Board Member and agreed to retain Catherine Thompson and Michael Avatar on
the Board of Directors and as consultants through the next fiscal year, ending
June 30, 2005. GCCC has designated Joseph Lively as its representative on the
Board of Directors, however, he has not yet accepted that position. At September
14, 2004, the Company had an aggregate of 305,108 shares of common stock
outstanding on a fully-diluted basis, post-split. Based on the price of the
Company's common stock at that date, GCCC would own and control approximately
56.73% of the Company's fully-diluted common stock and 56.73% of the Company's
outstanding common stock calculated pursuant to Rule 13d-3(d)(1)(B) of the
Securities Exchange Act of 1934. As of the date of this filing the Company has
received a total of $90,969 from GCCC and has delivered 286,485 shares of common
stock from escrow valued at an average price of $0.32 per share. On December 14,
2004, an additional 42,226 shares of restricted common stock were issued to be
held in the escrow account in order to maintain the value established by the
agreement. As of the date of this filing, the total balance of 70,484, shares is
currently being held in escrow and the remaining deficit in the escrow account
is 213,709 shares.

The principals of GCCC are
assisting in finding acquisition candidates for the Company, structuring such
acquisitions and effecting a transition to corporate growth. GCCC and Vinoble
believe that the timing is right to capitalize on the dramatic growth in the
security industry. The principals of GCCC have numerous contacts in this
industry and as such, they have identified a number of acquisition targets to
assist Vinoble in its Homeland Security roll-up strategy.

As part of this strategy, the
Company has entered into an Agreement and Plan of Reorganization with GCCC which
will facilitate the Company's acquisition plan. The Agreement provides that
Vinoble will acquire from GCCC certain property and businesses and in
consideration, GCCC shall receive 12,500,000 shares of Vinoble's common stock
which will be used for the purposes of acquiring other businesses and assets as
identified by GCCC and Vinoble. GCCC shall have two years to meet all of the
obligations under the Agreement. Should GCCC fail to meet any or all of its
commitments, then GCCC shall be required to forfeit the pro-rata balance of the
12,500,000 shares of Common stock issued by Vinoble. Additionally, GCCC is to be
issued 100 shares of non-revocable, Vinoble Series A Convertible Preferred Stock
and 100

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shares of non-revocable, Vinoble Series B Preferred Stock. The Series A
Convertible Preferred Stock shall convert into 50.1% of Vinoble's Common stock
at time of conversion. Time of conversion shall be determined at the sole
discretion of the shareholder of record. The Series A Convertible Preferred
Stock shall have one vote per share until said shares are retired at time of
conversion. The Series B Convertible Preferred Stock shall convert into Common
Stock at a ratio of 1 for 1. Time of conversion shall be determined at the sole
discretion of the shareholder of record. Each share of Series B Convertible
Preferred Stock shall be entitled to 1,000,000 votes until such shares are
converted into Common Stock.

Pursuant to the
Plan or Reorganization, Vinoble entered into non-binding Memoranda of
Understanding ("MOU") with several potential acquisition candidates offering a
diverse selection of services and assets for the security and homeland Security
industry.

Vinoble is continuing its due
diligence on another acquisition candidate which is not a security related
company. The business is a leader in a niche market and has the potential to
contribute significant asset value to Vinoble.

As of the date of this filing,
there have been no definitive agreements for any acquisitions. Consummation of
any acquisition is dependent on several factors, including but not limited to
the satisfactory completion of due diligence, and the negotiation of definitive
acquisition agreements. There can be no assurance that the results of the due
diligence will be satisfactory or that the acquisitions will be consummated, or
that if consummated, the businesses will be successfully integrated into the
Company's operations. In the event that the acquisitions do not materialize, the
Company will continue to seek other opportunities. The Company does not plan to
limit its options to any particular industry, but will evaluate each opportunity
on its merits.

RISKS AND UNCERTAINTIES

The Company's business, financial
condition or results of operations could be materially and adversely affected by
any of the following risks:

RISKS RELATING TO VINOBLE'S BUSINESS

VINOBLE NEEDS SIGNIFICANT
ADDITIONAL CAPITAL. The Company currently has no income producing operations or
assets and may have limited access to additional capital. At March 31, 2005, the
Company had no cash or cash equivalents. Current cash and cash equivalents are
currently insufficient to meet anticipated cash needs for working capital and
capital expenditures. The Company therefore needs to raise additional funds
immediately. If additional funds are raised through the issuance of equity or
convertible debt securities, the percentage ownership of existing stockholders
will be reduced, and such securities may have rights, preferences and privileges
senior to those of the Company's common stock. As described above, on September
14, 2004, the Company executed the SPA with GCCC. The SPA calls for the issuance
by the Company of an aggregate of 400,000 shares of common stock on a post-split
basis to GCCC in consideration of the payment of $500,000 in cash. The Company
is to receive the funds in $50,000 increments beginning October 15, 2004 and
continuing each calendar quarter from and after March 31, 2005. The Company is
currently attempting to identify other prospective investors with respect to
financing; however, the Company has not entered into agreements with any such
investors. There can be no assurance that additional financing will be available
on terms favorable to the Company or at all. If adequate funds are not available
or are not available on acceptable terms, the Company will not be able to fund
its operations. Such inability to fund operations will have a material adverse
effect on the Company's business, results of operations and financial condition.

VINOBLE HAS ONLY A LIMITED
OPERATING HISTORY. The Company has only a limited operating history upon which
can be based an evaluation of its prospects. Such prospects must be considered
in light of the risks, expenses and difficulties frequently encountered by
companies seeking to enter into a merger or acquisition with another business
entity. There can be no assurance that the

8

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Company will be able to identify a qualified candidate or that the resulting
business combination will be successful. Further, there can be no assurance that
the acquisition / merger candidate will have a more extensive operating history
than the Company. To address these risks and uncertainties, the Company must,
among other things, analyze the quality of the other firm's management and
personnel, the asset base of such firm or enterprise, the anticipated
acceptability of new products or marketing concepts, the merit of the firm's
business plan, and numerous other factors which are difficult, if not
impossible, to analyze through the application of any objective criteria. There
can be no assurance that Vinoble will successfully address these challenges.

THE COMPANY HAS A HISTORY OF
LOSSES, AND ITS INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS' REPORT DATED OCTOBER
11, 2004, INCLUDES AN EXPLANATORY PARAGRAPH RELATING TO SUBSTANTIAL DOUBT AS TO
VINOBLE'S ABILITY TO CONTINUE AS A GOING CONCERN. Since the Company's inception
in 2001, it has incurred substantial losses from operations, resulting primarily
from costs related to development of its technology and building its
infrastructure. Because Vinoble has discontinued development and operations of
its Visual Interviews subsidiary due to lack of capital and in order to pursue
acquisition of an operational business entity, management expects to incur net
losses for the foreseeable future for administrative costs. If the Company is
unable to identify and execute a merger or acquisition transaction within a
reasonable amount of time or if the business combination is unsuccessful,
Vinoble's losses will be significantly greater. The Company may never achieve
profitability. Primarily as a result of these recurring losses, Vinoble's
independent certified public accountants modified their report on the June 30,
2004 financial statements to include an uncertainty paragraph wherein they
expressed substantial doubt about the Company's ability to continue as a going
concern.

At this time, the Company does not
have a source of operating capital and has limited assets. As a result, Vinoble
will attempt to raise additional capital through public or private debt or the
sale of equity and/or debt securities. However, there can be no assurance that
additional financing will be available on terms favorable to Vinoble, or that
additional financing will be available at all. If adequate funds are not
available or are not available on acceptable terms, the Company may not be able
to attract a favorable candidate for merger or acquisition or be able to
continue to maintain cost of compliance with SEC reporting requirements. Such
inability could have a material adverse effect on the Company's business,
financial condition, results of operations and prospects.

VINOBLE IS SEEKING AN OPERATING
BUSINESS OR ASSETS TO ACQUIRE; THERE CAN BE NO ASSURANCE THAT THE COMPANY WILL
FIND A VIABLE BUSINESS OR SUCCESSFULLY CONSUMMATE AN ACQUISITION. Vinoble is
seeking an operating business or assets to acquire. Although it has identified
certain acquisition candidates, the Company has no binding commitments to enter
into or acquire a specific business opportunity. There can be no assurance that
the Company will successfully locate a viable business or consummate an
acquisition. Any business or assets that the Company acquires will have certain
risks; however, as no specific business has been identified the Company cannot
determine or disclose specific risks of a particular business or industry into
which it may enter. The type of business acquired may be one that desires to
avoid undertaking its own public offering and the accompanying expense, delay,
uncertainty and federal and state regulatory requirements protecting investors.
Because of the Company's limited capital, it is more likely than not that any
acquisition by the Company will involve other parties whose primary interest is
the acquisition of control of a publicly traded company. Any business
opportunity acquired may be currently unprofitable or present other risks. An
acquisition will most likely be highly illiquid and could result in a total loss
to the Company and its stockholders.

THE COMPANY MAY BE UNABLE TO
CONDUCT EXTENSIVE DUE DILIGENCE ON AN ACQUISITION CANDIDATE. Vinoble has limited
funds and only one full-time manager, thus making it impracticable to conduct a
complete investigation and analysis of business opportunities before the Company
commits its capital or other resources thereto. Therefore, management decisions
will likely be made without detailed feasibility studies, independent analysis
or other extensive due diligence which they would conduct with more funding and
other resources. The Company will depend to a great extent upon information
provided by the promoter, owner, sponsor or others associated with the business
opportunity

9

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seeking the Company's participation. The Company generally will require
audited financial statements from companies that it proposes to acquire. Where
such audited financial statements are unavailable, the Company will have to rely
upon unaudited financial information received from target companies which has
not been verified by outside auditors. The lack of independent verification
which audited financial statements would provide increases the risk that the
Company, in evaluating an acquisition with the target company, will not have the
benefit of full and accurate information about the financial condition and
recent interim operating history of the target company. This risk increases the
prospect that the acquisition of such a company might prove to be an unfavorable
one for the Company or the holders of the Company's securities.

The Company will be subject to the
reporting provisions of the Exchange Act, and thus will be required to furnish
certain information about significant acquisitions, including audited financial
statements for any business that it acquires. Consequently, acquisition
candidates that do not have, or are unable to provide reasonable assurances that
they will be able to obtain, the required audited financial statements would not
be considered by the Company to be appropriate for acquisition so long as the
reporting requirements of the Exchange Act apply. Should the Company complete an
acquisition of an entity for which audited financial statements prove to be
unobtainable, the Company would be subject to an SEC enforcement action and/or
administrative sanctions. In addition, the lack of audited financial statements
would prevent the Company's common stock from being eligible for listing on
NASDAQ or any other stock exchange, and would restrict the Company from
conducting public offerings of securities under the Securities Act, until such
financial statements became available.

AN ACQUISITION MIGHT BE HIGHLY
LEVERAGED AND EXPOSE VINOBLE TO ADDITIONAL LOSSES. There is a possibility that
any acquisition of a business by the Company might be financed by the Company's
borrowing against the assets of the business to be acquired or against the
business' future revenues or profits. This leverage could increase the Company's
exposure to larger losses. A business acquired through a leveraged transaction
is profitable only if it generates enough revenues to cover the related debt and
expenses. Vinoble's failure to make payments on the debt incurred to purchase
the business could result in the loss of all of the assets acquired. There can
be no assurance that any business acquired through a leveraged transaction will
generate sufficient revenues to cover the related debt and expenses.

VINOBLE MAY EXPERIENCE INTEGRATION
ISSUES. The Company's strategy to grow by acquisition could fail due to the
inability to integrate the acquired company or companies with Vinoble. The
integration of two or more companies is an expensive and timely process and, as
such, failure would be a burden to the Company's cash requirements and would
significantly increase the Company's net operating loss. Should Vinoble invest
its time and resources into an acquisition that is unable to integrate with the
Company, management's time may be diverted from operational activities and other
opportunities.

THE COMPANY HAS LIMITED MANAGEMENT
RESOURCES AND MAY EXPERIENCE MANAGEMENT CHANGES. The Company currently has only
one full-time manager, and thus has limited management resources for both the
operation of the Company and the pursuit of acquisition candidates. There is no
assurance that current management will continue to serve the Company in the
future. After the consummation of an acquisition, it is likely that the current
officer and directors of the Company would resign. Any decision to resign will
be based upon the identity of the business acquired and the nature of the
transaction.

PRODUCTS AND SERVICES IN THE
SECURITY / HOMELAND SECURITY INDUSTRY MAY BE SUBJECT TO GOVERNMENTAL REGULATION.
Should Vinoble acquire businesses in the Security / Homeland security industry,
it may be required to comply with state and foreign jurisdictions which could
impose or may have regulations or licensing requirements on the sale of use our
products and services. The process of obtaining regulatory approval could be
lengthy and be very costly, if approval can be obtained at all. If we fail to
comply with these requirements, we could be subjected to enforcement actions
such as an injunction to stop us from marketing the product at issue or a
possible seizure of our assets. If we are unable to obtain regulatory approvals
or meet the requirements in select key markets at all or in a timely manner, we
will not be able to grow as quickly as expected, and the loss of anticipated

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revenues will also reduce our ability to fully fund our operations and to
otherwise execute our strategy. We intend to work diligently to assure
compliance with all applicable regulations that impact our business. We can give
you no assurance, however, that we will be able to obtain regulatory approval
for all of our products. We also cannot assure you that additional regulations
will not be enacted in the future that would be costly or difficult to satisfy.

WE WILL FACE INTENSE COMPETITION
FROM COMPETITORS THAT HAVE GREATER FINANCIAL, TECHNICAL AND MARKETING RESOURCES.
THESE COMPETITIVE FORCES MAY IMPACT OUR PROJECTED GROWTH AND ABILITY TO GENERATE
REVENUES AND PROFITS. The market for security products and services is intensely
competitive and characterized by rapidly changing technology, evolving industry
standards, and price competition. There are no substantial barriers to entry,
and we expect that competition will be intense and may increase. Many of our
existing competitors may have substantially greater financial, product
development, technical and marketing resources, larger customer bases, longer
operating histories, better name recognition and more established relationships
in the industry. As a result, certain of these competitors may be able to
develop and expand their product and service offerings more rapidly, adapt to
new or emerging technologies and changes in customer requirements more quickly,
take advantage of acquisition and other opportunities more readily, devote
greater resources to the marketing and sale of their products and services, or
aggressively reduce their sales prices below the our costs. We cannot assure you
that we will be able compete successfully with existing competitors or new
competitors.

THE COMPANY'S OPERATING RESULTS
MAY VARY FROM QUARTER TO QUARTER. Due to the suspension of all development of
VI's technology and the change in the Company's primary business, the Company's
quarterly operating results will be difficult to predict and may fluctuate
significantly from quarter to quarter. Consequently, the market price of
Vinoble's securities has been, and can be expected to continue to be, highly
volatile. Factors such as announcements by the Company or others of
technological innovations, new commercial products, regulatory approvals or
proprietary rights developments and competitive developments all may have a
significant impact on the Company's future business prospects and market price
of its securities.

RISKS RELATED TO VINOBLE'S STOCK

SHARES ELIGIBLE FOR FUTURE SALE BY
OUR CURRENT STOCKHOLDERS MAY ADVERSELY AFFECT OUR STOCK PRICE. To date, we have
had a limited trading volume in our common stock. As long as this condition
continues, the sale of a significant number of shares of common stock at any
particular time could be difficult to achieve at the market prices prevailing
immediately before such shares are offered. In addition, sales of substantial
amounts of common stock, including shares issued upon the exercise of
outstanding options and warrants, under Securities and Exchange Commission Rule
144 or otherwise could adversely affect the prevailing market price of our
common stock and could impair our ability to raise capital at that time through
the sale of our securities. In the past, due to a shortage of cash we have
compensated our employees and consultants in shares of our common stock. This
practice may continue in the future. Many of these shares have been registered
or will be registered for resale to the public in registration statements on
Form S-8.

THE COMPANY'S COMMON STOCK PRICE
IS LIKELY TO BE HIGHLY VOLATILE; THE COMMON STOCK IS "PENNY STOCK". The market
price of the Company's common stock is likely to be highly volatile as the stock
market in general, and the market for technology companies in particular, has
been highly volatile. The trading prices of many technology companies' stocks
have recently been highly volatile and have recorded lows well below historical
highs.

Factors that could cause such
volatility in the Company's common stock may include, among other things:

> - actual or anticipated fluctuations in quarterly operating results;
>   - announcements of technological innovations;

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> - changes in financial estimates by securities analysts;
>   - conditions or trends in the Company's industry; and
>   - changes in the market valuations of other comparable companies.

In addition, the Company's stock
is currently traded on the NASD O-T-C Bulletin Board and it is uncertain that it
will be able to successfully apply for listing on the AMEX, the NASDAQ National
Market, or the Nasdaq Small Cap Market in the foreseeable future due to the
trading price for the common stock, the Company's lack of working capital and
its revenue history. Failure to list the common stock on the AMEX, the Nasdaq
National Market, or the Nasdaq SmallCap Market, will impair the liquidity of the
common stock.

The Securities and Exchange
Commission has adopted regulations which generally define a "penny stock" to be
any security that 1) is priced under $5.00, 2) is not traded on a national stock
exchange or on NASDAQ, 3) may be listed in the "pink sheets" or the NASD OTC
Bulletin Board, 4) is issued by a company that has less than $5 million in net
tangible assets and has been in business less than three years, or by a company
that has under $2 million in net tangible assets and has been in business for at
least three years, or by a company that has revenues of less than $6 million for
three years.

Penny stocks can be very risky:
penny stocks are low-priced shares of small companies not traded on an exchange
or quoted on NASDAQ. Prices often are not available. Investors in penny stocks
are often unable to sell stock back to the dealer that sold them the stock. Thus
an investor may lose his/her investment. The Company's common stock is a "penny
stock" and thus is subject to rules that impose additional sales practice
requirements on broker/dealers who sell such securities to persons other than
established customers and accredited investors, unless the common stock is
listed on The Nasdaq SmallCap Market. Consequently, the "penny stock" rules may
restrict the ability of broker/dealers to sell Vinoble's securities, and may
adversely affect the ability of holders of the common stock to resell their
shares in the secondary market. In addition, according to the SEC, the market
for "penny stocks" has suffered in recent years from patterns of fraud and
abuse. Such patterns include (i) control of the market for the stock by one or a
few broker-dealers whom are often related to the promoter or issuer; (ii)
manipulation of prices through prearranged matching of purchases and sales and
false and misleading press releases; (iii) "boiler room" practices involving
high-pressure sales tactics and unrealistic price projections by salespersons;
(iv) excessive and undisclosed bid-ask differentials and markups by selling
broker-dealers after prices have been manipulated to a desired level, along with
the resulting collapse of those prices and investor losses. The Company's
management is aware of the abuses that have occurred historically in the "penny
stock" market.

Although the Company does not
expect to be in a position to dictate the behavior of the market or of
broker-dealers who participate in the market, management will strive within the
confines of practical limitations to prevent the described patterns from being
established with respect to the Company's securities.

SOME OF THE INFORMATION IN THIS
QUARTERLY REPORT CONTAINS FORWARD-LOOKING STATEMENTS. Some of the information in
this quarterly report contains forward-looking statements that involve
substantial risks and uncertainties. These statements can be identified by
forward-looking words such as "may", "will", "expect", "intend", "anticipate",
"believe", "estimate" and "continue" or similar words. Statements that contain
these words should be reviewed carefully because they:

> - discuss management's expectations about the Company's future performance;
>   - contain projections of the Company's future operating results or of its
>   future financial condition; or
>   - state other "forward-looking" information.

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Management believes it is
important to communicate expectations to the Company's stockholders. There may
be events in the future, however, that management is not able to predict
accurately or over which it has no control. The risk factors listed in this
section, as well as any cautionary language in this quarterly report, provide
examples of risks, uncertainties and events that may cause the Company's actual
results to differ materially from the expectations described in forward- looking
statements. The occurrence of any of the events described in these risk factors
and elsewhere in this quarterly report could have a material and adverse effect
on Vinoble's business, results of operations and financial condition and that
upon the occurrence of any of these events, the trading price of its common
stock could decline.

ITEM 3. CONTROLS AND PROCEDURES

On May 13, 2005, management
concluded its evaluation of the effectiveness of the Company's disclosure
controls and procedures. As of that date, the Company's Interim Chief Executive Officer
and Chief Financial Officer concluded that the Company maintains effective
disclosure controls and procedures that ensure information required to be
disclosed in the Company's reports under the Securities Exchange Act of 1934 is
recorded, processed, summarized and reported within the time periods specified
in the SEC's rules and forms. Specifically, the disclosure controls and
procedures assure that information is accumulated and communicated to the
Company's management, including its Interim Chief Executive Officer and  Chief
Financial Officer, as appropriate, to allow timely decisions regarding required
disclosure. There have been no significant changes in the Company's internal
controls or in other factors that could significantly affect these controls
subsequent to the date of management's evaluation.

PART II - OTHER
INFORMATION ITEM

1. LEGAL PROCEEDINGS.

> Not applicable.

ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

On September 14, 2004, the Company
executed the SPA with GCCC. The SPA calls for the issuance by the Company of an
aggregate of 400,000 shares of common stock to GCCC in consideration of the
payment of $500,000 in cash. The Company is to receive the funds in $50,000
increments beginning October 15, 2004 and continuing each calendar quarter from
and after March 15, 2005. The 400,000 shares will be held in escrow by the
Company and delivered on a pro-rata basis within 10 days of receipt of each
installment. All shares are restricted within the meaning of Rule 144 under the
Securities Act and must be held indefinitely unless subsequently registered or
qualified for exemption. The SPA includes a provision that the purchase price
per share, and therefore the number of shares to be delivered at the time of
each installment payment, will be calculated for each installment at the lesser
of: (a) $1.25 on a post-split basis or (b) a 37.5% discount to the 10 day
trailing closing price of the Company's common stock at the time of each
payment. As part of the consideration for the SPA, GCCC has the right to elect
one Board Member and agreed to retain Catherine Thompson and Michael Avatar on
the Board of Directors and as consultants through the next fiscal year, ending
June 30, 2005. GCCC has designated Joseph Lively as its representative on the
Board of Directors, however, he has not yet accepted that position. At September
14, 2004, the Company had an aggregate of 305,108 shares of common stock
outstanding on a fully-diluted basis, post-split. Based on the price of the
Company's common stock at that date, GCCC would own and control approximately
56.73% of the Company's fully-diluted common stock and 56.73% of the Company's
outstanding common stock calculated pursuant to Rule 13d-3(d)(1)(B) of the
Securities Exchange Act of 1934. At September 14, 2004, the Company had an
aggregate of 305,108 shares of common stock outstanding on a fully-diluted
basis, post-split. Based on the price of the Company's common stock at that
date, GCCC would own and control approximately 56.73% of the Company's
fully-diluted common stock and 56.73% of the Company's outstanding common stock
calculated pursuant to Rule 13d-3(d)(1)(B) of the Securities Exchange Act of 1934. As of the date of this filing, the total
balance of 70,484, shares is currently being held in escrow and the remaining
deficit in the escrow account is 213,709 shares.

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During the period
ended March 31, 2005, the Company issued 2,802,300 shares of common stock to
consultants in lieu of cash for services rendered and 297,700 shares of common
stock for services to be rendered pursuant to Section 4(2) and to be
subsequently registered under Section 8 of the Securities Act of 1933.

ITEM 3. DEFAULTS UPON
SENIOR SECURITIES.

Not applicable.

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

Not applicable.

ITEM 5. OTHER INFORMATION.

Not applicable.

ITEM 6. EXHIBITS.

|Exhibit No. | Description                                                              
|----------- | -------------------------------------------------------------------------
|            |                                                                          
|31.01       | Certification  Pursuant to Exchange Act Rules 13a-15(e) and
    15d-15(c)
|32.01       | Certification  Pursuant to Section 906                                   

SIGNATURES

In accordance with the
requirements of the Exchange Act, the registrant caused this report to be signed
on its behalf by the undersigned, hereunto duly authorized.

|                                                                        
|------------------------------------------------------------------------
|/s/ Catherine Thompson                                                  
|                                                                        
|Catherine
    Thompson                                                  
|Interim
    Chief Executive Officer and 
    Chief
    Financial Officer

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