Exhibit 14.01
                                   Exhibit 14
                     (Pursuant to Item 406 of Regulation SB)


                                  Merilus, Inc.

                                 Code of Ethics

This Code of Ethics is established for the principal executive officer and
principal financial officer (collectively, Officer) during the period that the
Merilus, Inc. (Company) is in its development stage and is not engaged in any
operating business. Its purpose is to establish guidelines for the honest and
ethical conduct of its Officer, including the ethical handling of conflicts of
interest and the accurate and timely filing of reports.

1-   The Officer shall cause the Company to comply with all corporate laws,
     rules and regulations established by the state of its incorporation and any
     other state in which it may commence the conduct of business operations.
     The Officer shall seek the advice and counsel of legal advisors as may be
     necessary to accomplish this objective.

2-   The Officer shall cause the Company to comply with all securities laws,
     rules and regulations established by the Securities and Exchange Commission
     and any state as may be applicable. The Officer shall seek the advice and
     counsel of securities attorneys as may be necessary to accomplish this
     objective.

3-   The Officer shall on its own behalf comply with all corporate and
     securities laws, rules and regulations as established by law and
     administered by state and federal regulatory agencies. With respect to any
     matters that allow indemnification by the Company pursuant to its corporate
     charter and bylaws, the Officer shall seek such indemnification and pursue
     legal advice regarding all such matters.

4-   The Officer shall pursue a business opportunity for the Company or shall
     seek to enlist the services of such other individuals or entities as the
     Officer shall deem appropriate in order for the Company to find a business
     opportunity.

5-   Compliance with the aforementioned directive shall require that the
     Officer:

     a.   Keep accurate and complete records of all financial transactions and
          other transactions that impact the Company.

     b.   Information that could reasonably influence the price of the Company's
          securities be kept strictly confidential or in the alternative be
          disseminated publicly and not selectively.

     c.   File accurate and complete information with regulatory agencies in a
          timely manner.

     d.   Avoid such situations where the best interest of the Company and the
          best interest of the Officer are in conflict.

     e.   In seeking a business opportunity for the Company or in seeking
          individuals or entities to assist in this search, the Officer shall
          consider the best interest of the Company's shareholders.

     f.   Disclosures regarding the risks inherent in seeking a business
          opportunity shall be clearly conveyed to the Company's shareholders.

     g.   Disclose to shareholders any conflicts of interest that may arise
          between the Officer and the Company, including the Officer's failure
          to comply with this Code of Ethics.