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UNITED STATES

|          New      Jersey                                         22-1848316 -------------------------------                     -----------------------(State      or other jurisdiction      of                     (I.R.S.      Employer ID No.)                                                                                                      incorporation or organization) |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| TABLE OF      CONTENTS                                                                                  |                            |
|---------------------------------------------------------------------------------------------------------|---------------------------------|
|                                                                                                    |                            |
| PART      I. FINANCIAL INFORMATION                                                                      |                            |
|                                                                                                    |                            |
|                                                                                                    |                            |
|                                                                                                    |                            |
| ITEM      1. CONSOLIDATED FINANCIAL STATEMENTS                                                          | 3                               |
|                                                                                                    |                            |
| ITEM      2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS      OF OPERATIONS | 8                               |
|                                                                                                    |                            |
| ITEM      3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET    RISK                              |          8       |
|                                                                                                    |                            |
| ITEM      4. CONTROLS AND PROCEDURES ITEM      4T. CONTROLS AND PROCEDURES                         | 8 8                        |
|                                                                                                    |                            |
| PART      II. OTHER INFORMATION                                                                         |                            |
|                                                                                                    |                            |
| ITEM      1. LEGAL PROCEEDINGS                                                                          | 9                               |
|                                                                                                    |                            |
| ITEM      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF    PROCEEDS                             | 9                               |
|                                                                                                    |                            |
| ITEM      3. DEFAULTS UPON SENIOR SECURITIES                                                            |           9 |
|                                                                                                    |                            |
| ITEM      4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                        |      9 |
|                                                                                                    |                            |
| ITEM      5. OTHER INFORMATION                                                                          |  9                         |
|                                                                                                    |                            |
| ITEM      6. EXHIBITS                                                                                   | 9                               |
|                                                                                                    |                            |
| SIGNATURES                                                                                              | 11                              |
|                                                                                                    |                            |
| INDEX      TO EXHIBITS                                                                                  | 12                              |

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|                                                                                                         |   | Page   |   |   |
|--------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|
|                                                                                                         |   |   |   |   |
| Condensed      Balance Sheets as of September 30, 2009                                                  |   | F-4    |   |   |
| Condensed      Statements of Operations for the three and nine months ended September 30,      2009 and 2008 |   | F-5    |   |   |
| Condensed      Statements of Cash Flows for the nine months ended September 30, 2009 and      2008           |   | F-6    |   |   |
| Notes      to Condensed Financial Statements                                                                 |   | F-7    |   |   |

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| Worlds.com      IncBalance      Sheets       |
|----------------------------------------------|
| September      30, 2009 and December 31,2008 |

|                                                                                                                                                                                   |    | Unaudited |                                |   | (Restated) |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|-----------|-------------------------------------|--------|------------|--------|
|                                                                                                                                                                                   | Audited |
|                                                                                                                                                                                   |    | 30-Sep-09 |                                |   | 31-Dec-08  |   |
| Current      Assets                                                                                                                                                                    |    |      |                                |   |       |   |
| Cash      and cash equivalents                                                                                                                                                         |    | $         | 2,359                               |   |       | $      |                    84 |   |
| Certificate      of deposit                                                                                                                                                            |    |      | -                                   |   |       |   | 166,451 |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Total      Current Assets                                                                                                                                                              |    |      | 2,359                               |   |       |   | 166,535 |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Property      and equipment, net of                                                                                                                                                    |    |      |                                |   |       |   |   |   |
| accumulated      depreciation                                                                                                                                                          |    |      | 4,664                               |   |       |   | 7,387 |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| TOTAL      ASSETS                                                                                                                                                                      |    | $         | 7,023                               |   |       | $      | 173,922 |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Current      Liabilities                                                                                                                                                               |    |      |                                |   |       |   |   |   |
| Accounts      payable                                                                                                                                                                  |    | $         | 907,784                             |   |       | $      | 907,784 |   |
| Accrued      expenses                                                                                                                                                                  |    |      | 1,475,981                           |   |       |   | 1,399,167 |   |
| Deferred      Revenue                                                                                                                                                                  |    |      | 541,950                             |   |       |   | 631,950 |   |
| Notes      Payable                                                                                                                                                                     |    |      | 948,279                             |   |       |   | 773,279 |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Total      Current Liabilities                                                                                                                                                         |    |      | 3,873,995                           |   |       |   | 3,712,180 |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Stockholders      (Deficit)                                                                                                                                                            |    |      |                                |   |       |   |   |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Common      stock (Par value $0.001 authorized 65,000,000 shares, issued and      outstanding 53,663,785 and 52,387,749 at September 30, 2009 and December      31, 2008 respectively) |    | $         | 52,412                              |   |       | $      |            52,387 |   |
| Additional      Paid in Capital                                                                                                                                                        |    |      | 21,894,661                          |   |       |   |     21,858,603 |   |
| Accumulated      Deficit                                                                                                                                                               |    |      |  (25,814,045)                  |   |       |   |   (25,449,248) |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Total      stockholders deficit                                                                                                                                                        |    |      |     (3,866,972) |   |       |   |     (3,538,258) |   |
|                                                                                                                                                                                   |    |      |                                |   |       |   |   |   |
| Total      Liabilities and stockholders deficit                                                                                                                                        |    | $         | 7,023                               |   |       | $      | 173,922 |   |

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|                      |                               |   | Nine      months ended September      30,                       Three      months ended September 30, |
|---------------------------|------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                      |                               |   |                                                                                                                                                                                       |   |   | (Restated) |   |   |   |   |   | (Restated) |   |
|                      |                               |   | 2009                                                                                                                                                                                       |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
| Revenues                  |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
|                      | Revenue                            |   | $                                                                                                                                                                                          |   | 100,967 |   |   | $ | 92,141 |   |   | $ | 10,374 |   |   | $ | 266 |   |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                     |                               |   |                                                                                                                                                                                       |   | 100,967 |   |   |   | 92,141 |   |   |   | 10,374 |   |   |   | 266 |   |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost      and Expenses    |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      | Cost      of Revenue               |   |                                                                                                                                                                                       |   | 160,214 |   |   |   | 136,209 |   |   |   | 11,727 |   |   |   | 15,889 |   |
|                      | Warrants      expense              |   |                                                                                                                                                                                       |   | 35,833 |   |   |   | -  |   |   |   | - |   |   |   | -  |   |
|                      | Selling,      General & Admin. |   |                                                                                                                                                                                       |   | 266,507 |   |   |   | 393,437 |   |   |   | 52,193 |   |   |   | 175,411 |   |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      | Operating      loss                |   |                                                                                                                                                                                       |   | (361,586 | ) |   |   | (437,505 | ) |   |   | (53,545 | ) |   |   | (191,034 | ) |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other      Income Expense |                               |   |                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      | Interest      Expense              |   |                                                                                                                                                                                       |   | 3,210 |   |   |   | 56,990 |   |   |   | 1,605 |   |   |   | 18,997 |   |
|                      | Financing      Expense             |   |                                                                                                                                                                                       |   | -  |   |   |   | 20,000 |   |   |   | -  |   |   |   | 20,000 |   |
| Net      Loss             |                               |   | $                                                                                                                                                                                          |   | (364,796 | ) |   | $ | (514,495 | ) |   | $ | (55,150 | ) |   | $ | (230,031 | ) |

----

|                                                    |   |      |     |   | (Restated) |   |
|---------------------------------------------------------|--------|-----------|----------|--------|------------|--------|
|                                                    |   | 30-Sep-09 |     |   | 30-Sep-08  |   |
| Cash      flows from operating activities               |   |      |     |   |       |   |
| Net      (loss)                                         |   | $         | (364,796 | )      |       | $      | (514,495 | ) |
| Adjustments      to reconcile net loss to net cash used |   |      |     |   |       |   |   |   |
| in      operating activities                            |   |      |     |   |       |   |   |   |
| Warrants      Expense                                   |   |      | 35,833   |   |       |   | - |   |
| Depreciation                                            |   |      | 2,723    |   |       |   | 2,344 |   |
| Deferred      costs                                     |   |      | -   |   |       |   | 55,695 |   |
| Deferred      revenue                                   |   |      | (90,000  | )      |       |   | - |   |
| Prepaid      expenses and other current assets          |   |      | -   |   |       |   | 8,384 |   |
| Accounts      payable and accrued expenses              |   |      | (89,636  | )      |       |   | (63,233 | ) |
|                                                    |   |      |     |   |       |   |   |   |
|                                                    |   |      |     |   |       |   |   |   |
| Net      cash used in operating activities              |   |      | (505,876 | )      |       |   | (511,306 | ) |
|                                                    |   |      |     |   |       |   |   |   |
| Cash      flows from investing activities               |   |      |     |   |       |   |   |   |
| Acquisition      of property and equipment              |   |      | -        |   |       |   | (3,031 | ) |
| Maturity      of certificate of deposit                 |   |      | 166,451  |   |       |   | - |   |
|                                                    |   |      |     |   |       |   |   |   |
| Net      cash used in investing activities              |   |      | 166,451  |   |       |   | (3,031 | ) |
|                                                    |   |      |     |   |       |   |   |   |
| Cash      flows from financing activities               |   |      |     |   |       |   |   |   |
| Proceeds      from issuance of notes payable            |   |      | 175,000  |   |       |   | -  |   |
| Proceeds      from exercise of warrants                 |   |      | 250      |   |       |   | -  |   |
| Conversion      of debt to equity                       |   |      | -        |   |       |   | 122,598 |   |
| Common      stock subscribed but not yet issued         |   |      | -        |   |       |   | 481,000 |   |
|                                                    |   |      |     |   |       |   |   |   |
| Net      cash provided by financing activities          |   |      | 175,250  |   |       |   | 603,598 |   |
|                                                    |   |      |     |   |       |   |   |   |
|                                                    |   |      |     |   |       |   |   |   |
| Net      increase/(decrease) in cash                    |   |      | (164,175 | )      |       |   | 89,261 |   |
|                                                    |   |      |     |   |       |   |   |   |
| Cash      beginning of period                           |   |      | 166,535  |   |       |   | 271,334 |   |
|                                                    |   |      |     |   |       |   |   |   |
| Cash      end of period                                 |   | $         | 2,359    |   |       | $      | 360,595 |   |
|                                                    |   |      |     |   |       |   |   |   |
|                                                    |   |      |     |   |       |   |   |   |
| Supplemental      disclosure of cash flow information:  |   |      |     |   |       |   |   |   |
| Cash      paid during the period for                    |   |      |     |   |       |   |   |   |
|  Interest                                          |   | $         | -        |   |       | $      | - |   |
| Income      taxes                                       |   | $         | -        |   |       | $      | - |   |

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| ·   | VIP      subscriptions to our Worlds Ultimate 3-D Chat service;  and |
|--------------------|----------------------------------------------------------------------|

| ·   | Software      development to provide a demo site for a 3-D world.  |
|--------------------|-------------------------------------------------------------------------|

Liquidity and Capital Resources

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| 31.1   | Certification of Chief Executive      Officer |
|--------|-----------------------------------------------|
|   |                                          |   |
| 31.2   |                                          | Certification of Chief Financial      Officer |
|   |                                          |   |
| 32.1   |                                          | Statement required by 18 U.S.C.      Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act      of 2002. |
|   |                                          |   |
| 32.2   |                                          | Statement required by 18 U.S.C.      Section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act      of 2002. |

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|         /s/ Thomas      KidrinBy:  Thomas      Kidrin       President,      CEO and Treasurer         /s/ Christopher      RyanBy: Christopher      Ryan       Chief      Financial Officer and       Principal      Accounting Officer |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

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XHIBITS

| Exhibit      No. |   | Description                                                                                                                   |
|------------------|--------|-------------------------------------------------------------------------------------------------------------------------------|
|             |   |                                                                                                                          |
| 31.1             |   | Certification of Chief Executive      Officer                                                                                 |
|             |   |                                                                                                                          |
| 31.2             |   | Certification of Chief Financial      Officer                                                                                 |
|             |   |                                                                                                                          |
| 32.1             |   | Statement      required by 18 U.S.C. Section 1350, as adopted pursuant to section 906 of      the Sarbanes-Oxley Act of 2002. |
|             |   |                                                                                                                          |
| 32.2             |   | Statement      required by 18 U.S.C. Section 1350, as adopted pursuant to section 906 of      the Sarbanes-Oxley Act of 2002. |