| British Columbia                                               |   | N/A                                  |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |

| Title of Each Class |   | Name of Each Exchange On Which Registered |
|---------------------|--------|-------------------------------------------|
| N/A                 |   | N/A                                       |

----

| Item 1.  Business                                                                                                           | 2  |
|----------------------------------------------------------------------------------------------------------------------------------|----|
| Item 1A.  Risk Factors                                                                                                      | 8  |
| Item 1B.  Unresolved Staff Comments                                                                                         | 12 |
| Item 2.  Properties                                                                                                         | 12 |
| Item 3.  Legal Proceedings                                                                                                  | 12 |
| Item 4.  (Removed and Reserved)                                                                                             | 12 |
| Item 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 13 |
| Item 6.  Selected Financial Data                                                                                            | 15 |
| Item 7.  Management’s Discussion and Analysis of Financial Condition and Results of Operations                        | 15 |
| Item 7A.  Quantitative and Qualitative Disclosures About Market Risk                                                        | 19 |
| Item 8.  Financial Statements and Supplementary Data                                                                        | 19 |
| Item 9.  Changes in and Disagreements With Accountants on Accounting and Financial Disclosure                               | 22 |
| Item 9A.  Controls and Procedures                                                                                           | 22 |
| Item 9B.  Other Information                                                                                                 | 22 |
| Item 10.  Directors, Executive Officers and Corporate Governance                                                            | 23 |
| Item 11.  Executive Compensation                                                                                            | 27 |
| Item 12.  Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters                    | 20 |
| Item 13.  Certain Relationships and Related Transactions, and Director Independence                                         | 31 |
| Item 14.  Principal Accounting Fees and Services                                                                            | 31 |
| Item 15.  Exhibits, Financial Statement Schedules                                                                           | 32 |

----

Item 1.  Business

| ●   | Gamboozle.com Gaming Platform:  We have developed and acquired software which allows users to play free and subscription based multi-player poker, blackjack, roulette, casual games as well as social media games online.  Currently, our new online gaming software is being integrated into our Gamboozle.com website platform as well as our pages on Facebook, MySpace and Bebo, which are social networking websites and is provided free of charge.  Our gaming platform is being developed to the point where we are able to provide premium content.  We intend to offer it to users on a monthly subscription basis which, if sufficient interest is developed, will produce revenues through subscription payments as well as product placement ads in the games.  We anticipate developing additional games, creating a licensable version and revising it for use on third party websites.     Once the new gaming platform is fully integrated and upgraded there can be no assurance that these improvements will result in additional revenue as we face significant competition in this market. |
|---------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Gamboozle.com Fantasy Sports:  The term fantasy sports describes multi-player games in which users act as fantasy owners and build a team that competes against other fantasy teams based on the statistics generated by individual players or teams of a professional sport.  We have developed software which allows users to create teams from the rosters of actual sports players and then use their teams to compete against other users in various categories such as points scored, yards gained or home runs registered, depending on the specific sport.  We hope to attract a subscriber base which will provide us with the users we need to generate revenues through monthly subscription entry fees.   Our new fantasy sports software is being integrated into our Gamboozle.com website on free and paid subscription bases.  This new software is in the development stage  but we anticipate launching the new site and enhancing the content during the next four months to include all the major sports (football, basketball, hockey, baseball and soccer). There can be no assurance that these improvements will result in additional revenue as we face significant competition in this market. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ●   | Gamboozle Bucks - the core of Gamboozle is the Gamboozle Bucks. This is the artificial currency the users will use to enter raffles and interact with each other. Users can earn Gamboozle Bucks by playing different games and/or interacting with the content on the website. |
|---------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Raffles and Prizes - Gamboozle has a free raffle system. Players purchase raffle tickets with their Gamboozle Bucks and enter a raffle to win free prizes. |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Fantasy Sports - Gamboozle offers quick and simple fantasy sports leagues that can be played daily, weekly, monthly and for the whole season. |
|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Casual and Social Media Games - Gamboozle offers online strategy, wordplay and action games that offer instant prizes such as Gamboozle Bucks and free spins on the Gamboozle virtual slot machine. |
|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Multi Player Poker - poker is the ultimate multi-player social game. Gamboozle offers an online based poker game which does not involve gambling with real money. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Multi Player Roulette & Blackjack – Gamboozle offers multi player roulette and blackjack to members where prizes will be paid out to weekly and monthly leader board winners. |
|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Social Networking - social networking is the ability for users to communicate directly with each other, either through live chat or a messaging system on a website. This creates a feeling of community on a particular website and encourages return visits by users. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| ●   | Social Media and Promotion – we intend to market through agreements with athletes and celebrities using social media tools such as Twitter, Facebook and myspace to their followers. |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Ad Placement – we will work with other media sites to advertize our brand on their websites and media vessels, including print media ads in college game programs, digital placement screens and digital ad placement. |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Viral marketing/forums/blogs – we intend to capitalize on the recent popularization of online social communities by creating positive word of mouth within those communities and the Internet as a whole.  We hope that imbedding our online gaming and fantasy sports software free of charge into websites such as Facebook or MySpace will create positive impressions on the users and drive visitors to our site. |
|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Product Placement – management will work with companies and organizations to place product advertisement in strategic locations in the gamboozle.com website and offer prizes and product incentives from those companies for gamboozle.com members and winners. |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●  | Trade shows/Event Marketing – there are a number of trade shows that are geared towards the climate awareness and carbon trading industries as well as online gaming.  We intend to market our websites and software by attending these various events and displaying our products and services. |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●  | Pay Click Advertizing – we will utilize pay click advertizing on google and banner ads on other sites to drive traffic to our gamboole.com webite. |
|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Search Engine Optimization – our websites are developed with consideration to how they will interact with large Internet search utilities such as Google or Yahoo.  By optimizing our websites in such a way that these ubiquitous search engines can identify our websites and their content more easily and therefore list us near the top of their result listings, we hope to attract more visitors. |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Publicity – we anticipate employing website specific promotions for Gamboozle.com and ClimateSeek.com to attract visitors to our websites.  These promotions may involve reaching out to communities and schools for educational programs on emission reduction via ClimateSeek.com or free raffles on Gamboozle.com |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Other Print media – numerous industry publications exist for the Internet gaming industries and we anticipate purchasing advertising or arranging sponsorship in order to increase the awareness of our websites, products, and services. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Newsletters – we will send out a regular weekly news letter to our existing members to provide company information and offerings that entice free members to upgrade to a pay membership. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ●   | None of our major competitors license their software. They appear to be focusing on their specific product exclusively on their specific website. Our management believes that this gives us an opportunity to start offering our product to many small and medium sized websites which are looking to add fantasy sports content to their applications. |
|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | Most of our competitors use a full season model. This means that users pay once per season to play.  A season is generally defined by the annual season of the sport on which the ‘fantasy team’ is based.  While this has proven to be an effective model, our management believes that providing for more flexible subscription lengths will promote increased usage. In a typical fantasy season, many participants no longer have a chance to win before the season is over, but they still want to play. Our system allows users to begin a new fantasy sports game every day. |
|---------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ●   | On May 6, 2009, Congressman Barney Frank (D-MA) unveiled a bill designed to allow U.S.-based companies to obtain licenses and operate federally regulated online gambling sites. The bill, titled the Internet Gambling Regulation, Consumer Protection, and Enforcement Act of 2009 (H.R. 2267), would also allow such sites to accept bets from U.S. customers.   The bill has not yet been signed into law. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | On June 7, 2007, Representative Robert Wexler (D-FL) introduced HR 2610, the Skill Game Protection Act, which would legalize Internet poker, bridge, chess, and other games of skill. Also on June 7, 2007 Representative Jim McDermott introduced H.R. 2607, the Internet Gambling Regulation and Tax Enforcement Act. IGRTEA would legislate Internet gambling tax collection requirements.  The bill has not yet been signed into law. |
|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | In September 2006 both the US House of Representatives and the US Senate passed legislation (as an amendment to the unrelated SAFE Port Act) that would make transactions from banks or similar institutions to online gambling sites illegal.  The passed bill only addressed banking issues.  The Act was signed into law on October 13, 2006 by President George W. Bush.  In response to SAFE Port Act, a number of online gambling operators including PartyGaming, Bwin, Cassava Enterprises, and Sportingbet announced that real-money gambling operations would be suspended for U.S. customers. |
|---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Item 1A.  Risk Factors

| ●   | completion of this offering; |
|---------------------|------------------------------|

| ●   | our ability to develop and continually update our websites, internet search utilities and gaming software; |
|---------------------|------------------------------------------------------------------------------------------------------------|

| ●   | our ability to procure and maintain on commercially reasonable terms relationships with third parties to integrate and maintain our search utilities and game software; |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | our ability to identify and pursue mediums through which we will be able to market our products; |
|---------------------|--------------------------------------------------------------------------------------------------|

| ●   | our ability to attract customers to our products; |
|---------------------|---------------------------------------------------|

| ●   | our ability to generate revenues through advertisements on our websites; and |
|---------------------|------------------------------------------------------------------------------|

| ●   | our ability to manage growth by managing administrative overhead. |
|---------------------|-------------------------------------------------------------------|

----

----

----

----

Item 1B.  Unresolved Staff Comments

Item 2.  Properties

Item 3.  Legal Proceedings

Item 4.  [Removed and Reserved]

----

Item 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

| OTC Bulletin Board |
|--------------------|
| Quarter Ended(1)   | High(2) | Low(2) |
| March 31, 2011     | $0.37 | $0.14 |
| December 31, 2010  | $0.23 | $0.08 |
| September 30, 2010 | $0.33 | $0.05 |
| June 30, 2010      | $0.42 | $0.15 |
| March 31, 2010     | $0.55 | $0.15 |
| December 31, 2009  | $0.65 | $0.35 |

| (1)  | The first trade in our common stock occurred on October 21, 2009. |
|-----------|-------------------------------------------------------------------|

| (2)  | Expressed in United States dollars |
|-----------|------------------------------------|

| ●   | On January 1, 2011, we issued 625,000 shares of common stock for $136,758 of consulting services. |
|---------------------|---------------------------------------------------------------------------------------------------|

| ●   | On January 15, 2011, we issued 750,000 shares of common stock for $200,354 of consulting services. |
|---------------------|----------------------------------------------------------------------------------------------------|

| ●   | On January 27, 2011, we issued 25,000 shares of common stock with a fair value of $6,704 for services rendered by an employee. |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------|

| ●   | On March 15, 2011, we issued 45,000 units for proceeds of $9,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share for two years. |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Number of Warrants | Exercise Price | Expiry Date        |
|--------------------|----------------|--------------------|
|               |           |               |
| 610,000            | US$0.60        | December 11, 2011  |
| 300,000            | US$0.55        | February 1, 2012   |
| 250,000            | US$0.60        | May 14, 2012       |
| 12,500             | US$0.60        | May 31, 2012       |
| 205,000            | US$0.30        | August 1, 2012     |
| 25,000             | US$0.30        | August 2, 2012     |
| 222,000            | US$0.30        | September 20, 2012 |
| 620,000            | US$0.30        | September 21, 2012 |
| 250,000            | US$0.30        | October 1, 2012    |
| 50,000             | US$0.30        | November 19, 2012  |
| 3,800,620          | US$0.30        | March 15, 2013     |
| 13,400             | US$0.30        | March 30, 2013     |
|               |           |               |
| 6,358,520          |           |               |

----

Item 6.  Selected Financial Data

Item 7.  Management’s Discussion and Analysis of Financial Condition and Results of Operations

|               |   | Year EndedMarch 31 |      |
|--------------------|--------|--------------------|-----------|
|               |   | 2011               |      |   | 2010 |   |
| Revenue            |   | $                  | 2,319     |   |   | $ | 5,680 |   |
| Operating Expenses |   | $                  | 1,735,809 |   |   | $ | 1,321,893 |   |
| Net Operating Loss |   | $                  | 1,733,490 |   |   | $ | 1,225,792 |   |

----

|                                    |   | Year EndedMarch 31 |    |
|-----------------------------------------|--------|--------------------|---------|
|                                    |   | 2011               |    |   | 2010 |   |
| Amortization                            |   | $                  | 71,069  |   |   | $ | 99,181 |   |
| Advertising and promotion               |   | $                  | 53,244  |   |   | $ | 23,190 |   |
| Consulting fees                         |   | $                  | 505,587 |   |   | $ | 457,745 |   |
| Foreign exchange loss                   |   | $                  | 12,577  |   |   | $ | 741 |   |
| General and administrative              |   | $                  | 132,596 |   |   | $ | 134,413 |   |
| Impairment of equipment                 |   | $                  | 14,589  |   |   | $ | Nil |   |
| Impairment of website development costs |   | $                  | 147,993 |   |   | $ | Nil |   |
| Investor relations                      |   | $                  | 417,328 |   |   | $ | 131,621 |   |
| Management fees                         |   | $                  | 119,452 |   |   | $ | 169,911 |   |
| Professional fees                       |   | $                  | 78,713  |   |   | $ | 81,695 |   |
| Wages and benefits                      |   | $                  | 182,661 |   |   | $ | 223,396 |   |

----

| Working Capital           |   |            |    |   |            |   |     |                           |   |
|---------------------------|--------|-----------------|---------|--------|-----------------|--------|----------|--------------------------------|--------|
|                      |   | AtMarch 31,2011 |    |   | AtMarch 31,2010 |   |     | Percentage Increase/(Decrease) |   |
| Current Assets            |   | $               | 790,522 |   |            | $      | 204,130  |                           |   |   | 287 | % |
| Current Liabilities       |   | $               | 696,129 |   |            | $      | 473,345  |                           |   |   | 47 | % |
| Working Capital (Deficit) |   | $               | 94,393  |   |            | $      | (269,215 | )                              |   |   | 135 | % |

| Cash Flows                                    |   |                    |      |   |                    |   |
|-----------------------------------------------|--------|-------------------------|-----------|--------|-------------------------|--------|
|                                          |   | Year EndedMarch 31,2011 |      |   | Year EndedMarch 31,2010 |   |
| Net Cash used in Operating Activities         |   | $                       | (448,777  | )      |                    | $      | (423,906 | ) |
| Net Cash used in Investing Activities         |   | $                       | (10,110   | )      |                    | $      | 23,328 |   |
| Net Cash Provided by Financing Activities     |   | $                       | 1,234,716 |   |                    | $      | 384,134 |   |
| Increase (Decrease) in Cash During the Period |   | $                       | 775,829   |   |                    | $      | (16,444 | ) |

| Description                                         | Target completion date or period | Estimated expenses ($) |
|-----------------------------------------------------|----------------------------------|-----------------------------|
| Legal and accounting fees                           | 12 months                        | 50,000                      |
| Further development of Gamboozle.com                | 12 months                        | 100,000                     |
| Maintenance and refinement of InteliGaming Platform | 12 months                        | 325,000                     |
| Marketing and advertising                           | 12 months                        | 600,000                     |
| Investor relations and capital raising              | 12 months                        | 300,000                     |
| Management and operating costs                      | 12 months                        | 250,000                     |
| Consulting fees                                     | 12 months                        | 250,000                     |
| Hardware purchases                                  | 12 months                        | 25,000                      |
| General and administrative                          | 12 months                        | 100,000                     |
| Total                                               |                             | 2,000,000                   |

----

----

Item 7A.  Quantitative and Qualitative Disclosures About Market Risk

Item 8.  Financial Statements and Supplementary Data

----

----

| Report of Independent Registered Public Accounting Firm   | F-1 |
|-----------------------------------------------------------|-----|
| Consolidated Balance Sheets                               | F-2 |
| Consolidated Statements of Operations                     | F-3 |
| Consolidated Statements of Stockholder's Equity (Deficit) | F-4 |
| Consolidated Statements of Cash Flows                     | F-5 |
| Notes to the Consolidated Financial Statements            | F-6 |

----

----

|                                                                                                                                  |   | March 31, 2011$ |       |   | March 31, 2010$ |   |
|---------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|------------|--------|-----------------|--------|
|                                                                                                                                  |   |            |       |   |            |   |
| Assets                                                                                                                                |   |            |       |   |            |   |
|                                                                                                                                  |   |            |       |   |            |   |
| Current Assets                                                                                                                        |   |            |       |   |            |   |
|                                                                                                                                  |   |            |       |   |            |   |
| Cash                                                                                                                                  |   |            | 777,273    |   |            |   | 1,444 |   |
| Other receivable                                                                                                                      |   |            | 7,649      |   |            |   | 10,956 |   |
| Prepaid expenses                                                                                                                      |   |            | 5,600      |   |            |   | 191,730 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Total Current Assets                                                                                                                  |   |            | 790,522    |   |            |   | 204,130 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Equipment (Note 3)                                                                                                                    |   |            | 9,310      |   |            |   | 11,840 |   |
| Website development costs (Note 3)                                                                                                    |   |            | –    |   |            |   | 224,778 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Total Assets                                                                                                                          |   |            | 799,832    |   |            |   | 440,748 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Liabilities and Stockholders’ Equity (Deficit)                                                                                  |   |            |       |   |            |   |   |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Current Liabilities                                                                                                                   |   |            |       |   |            |   |   |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Accounts payable (Note 8)                                                                                                             |   |            | 173,958    |   |            |   | 372,838 |   |
| Accrued liabilities (Note 8)                                                                                                          |   |            | 71,745     |   |            |   | 30,201 |   |
| Notes payable (Note 4)                                                                                                                |   |            | 439,226    |   |            |   | 57,906 |   |
| Due to related parties (Note 8)                                                                                                       |   |            | 11,200     |   |            |   | 12,400 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Total Current Liabilities                                                                                                             |   |            | 696,129    |   |            |   | 473,345 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Nature of Operations and Continuance of Business (Note 1)                                                                             |   |            |       |   |            |   |   |   |
| Commitments (Note 9)                                                                                                                  |   |            |       |   |            |   |   |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Stockholders’ Equity (Deficit)                                                                                                  |   |            |       |   |            |   |   |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Preferred StockAuthorized: 20,000,000 shares, par value US$0.00001No shares issued and outstanding                                    |   |            | –    |   |            |   | – |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Common StockAuthorized: 150,000,000 shares, par value US$0.0000133,963,587 and 26,117,567 shares issued and outstanding, respectively |   |            | 364        |   |            |   | 287 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Additional paid in capital                                                                                                            |   |            | 4,390,140  |   |            |   | 2,235,397 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Common stock subscribed                                                                                                               |   |            | –    |   |            |   | 5,300 |   |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Accumulated deficit during the development stage                                                                                      |   |            | (4,286,801 | )      |            |   | (2,273,581 | ) |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Total Stockholders’ Equity (Deficit)                                                                                            |   |            | 103,703    |   |            |   | (32,597 | ) |
|                                                                                                                                  |   |            |       |   |            |   |   |   |
| Total Liabilities and Stockholders’ Equity (Deficit)                                                                            |   |            | 799,832    |   |            |   | 440,748 |   |

----

|                                    |   | For the YearEndedMarch 31,2011$ |       |   | For the YearEndedMarch 31,2010$ |   |       | Accumulated fromApril 17, 2006(Date of Inception) to March 31, 2011$ |   |
|-----------------------------------------|--------|---------------------------------|------------|--------|---------------------------------|--------|------------|---------------------------------------------------------------------------|--------|
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |
| Revenue                                 |   |                            | 2,319      |   |                            |   | 5,680      |                                                                      |   |   | 13,291 |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Expenses                                |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Amortization                            |   |                            | 71,069     |   |                            |   | 99,181     |                                                                      |   |   | 308,903 |   |
| Advertising and promotion               |   |                            | 53,244     |   |                            |   | 23,190     |                                                                      |   |   | 181,587 |   |
| Consulting fees                         |   |                            | 505,587    |   |                            |   | 457,745    |                                                                      |   |   | 1,136,668 |   |
| Foreign exchange loss                   |   |                            | 12,577     |   |                            |   | 741        |                                                                      |   |   | 12,353 |   |
| General and administrative              |   |                            | 132,596    |   |                            |   | 134,413    |                                                                      |   |   | 438,407 |   |
| Impairment of equipment                 |   |                            | 14,589     |   |                            |   | –    |                                                                      |   |   | 14,589 |   |
| Impairment of website development costs |   |                            | 147,993    |   |                            |   | –    |                                                                      |   |   | 147,993 |   |
| Investor relations                      |   |                            | 417,328    |   |                            |   | 131,621    |                                                                      |   |   | 548,949 |   |
| Management fees (Note 9)                |   |                            | 119,452    |   |                            |   | 169,911    |                                                                      |   |   | 487,363 |   |
| Professional fees (Note 9)              |   |                            | 78,713     |   |                            |   | 81,695     |                                                                      |   |   | 265,471 |   |
| Wages and benefits                      |   |                            | 182,661    |   |                            |   | 223,396    |                                                                      |   |   | 517,875 |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Total Expenses                          |   |                            | 1,735,809  |   |                            |   | 1,321,893  |                                                                      |   |   | 4,060,158 |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Operating Loss                          |   |                            | (1,733,490 | )      |                            |   | (1,316,213 | )                                                                         |   |   | (4,046,867 | ) |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Other Income (Expense)                  |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Gain (loss) on forgiveness of debt      |   |                            | (382,665   | )      |                            |   | 12,091     |                                                                      |   |   | (370,574 | ) |
| Interest income                         |   |                            | –    |   |                            |   | –    |                                                                      |   |   | 1,705 |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
|                                    |   |                            | (382,665   | )      |                            |   | 12,091     |                                                                      |   |   | (368,869 | ) |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Net Loss Before Income Taxes            |   |                            | (2,116,155 | )      |                            |   | (1,304,122 | )                                                                         |   |   | (4,415,736 | ) |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Income tax credits                      |   |                            | 102,935    |   |                            |   | 78,330     |                                                                      |   |   | 181,265 |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Net Loss                                |   |                            | (2,013,220 | )      |                            |   | (1,225,792 | )                                                                         |   |   | (4,234,471 | ) |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Net loss per share, basic and diluted   |   |                            | (0.07      | )      |                            |   | (0.03      | )                                                                         |   |   |   |   |
|                                    |   |                            |       |   |                            |   |       |                                                                      |   |   |   |   |
| Weighted average shares outstanding     |   |                            | 28,318,000 |   |                            |   | 49,006,000 |                                                                      |   |   |   |   |

----

|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   | Deficit     |     |   |   |   |
|--------------------------------------------------------------------|--------|--------------|-------------|--------|---------|--------|------------|------------|--------|--------|-------------|--------|--------|-------------|----------|--------|--------|--------|
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   | Accumulated |     |   |   |   |
|                                                               |   |         |        |   |    |   |       | Additional |   |   | Common      |   |   | During the  |     |   |   |   |
|                                                               |   | Common Stock |        |   | Paid-In |   |       | Stock      |   |   | Development |   |   |        |     |
|                                                               |   | Shares#      |        |   | Amount$ |   |       | Capital$   |   |   | Subscribed$ |   |   | Stage$      |     |   | Total$ |   |
| Balance – April 17, 2006 (Date of Inception)                 |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | – |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.001 per share              |   |         | 7,400,002   |   |    |   | 7,400      |       |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | 7,400 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Share subscriptions received                                       |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | 166,033  |   |   |   | – |   |   |   | 166,033 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Net loss for the period                                            |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | –  |   |   |   | (196,834 | ) |   |   | (196,834 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Balance – March 31, 2007                                     |   |         | 7,400,002   |   |    |   | 7,400      |       |   |   | –     |   |   |        | 166,033  |   |   |   | (196,834 | ) |   |   | (23,401 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.001 per share              |   |         | 1,250,000   |   |    |   | 1,250      |       |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | 1,250 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.15 per share               |   |         | 6,042,155   |   |    |   | 906,223    |       |   |   | –     |   |   |        | (166,033 | )      |   |   | – |   |   |   | 740,190 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for services rendered                     |   |         | 120,000     |   |    |   | 18,000     |       |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | 18,000 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Share issuance costs                                               |   |         |        |   |    |   | (36,300    | )          |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | (36,300 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | –  |   |   |   | (353,904 | ) |   |   | (353,904 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Balance – March 31, 2008                                     |   |         | 14,812,157  |   |    |   | 896,573    |       |   |   | –     |   |   |        | –  |   |   |   | (550,738 | ) |   |   | 345,835 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.25 per share               |   |         | 785,000     |   |    |   | 196,250    |       |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | 196,250 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Share subscriptions received                                       |   |         |        |   |    |   |       |       |   |   | –     |   |   |        | 83,000   |   |   |   | – |   |   |   | 83,000 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | –  |   |   |   | (444,721 | ) |   |   | (444,721 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Balance – March 31, 2009                                     |   |         | 15,597,157  |   |    |   | 1,092,823  |       |   |   | –     |   |   |        | 83,000   |   |   |   | (995,459 | ) |   |   | 180,364 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.25 per share               |   |         | 412,000     |   |    |   | 103,000    |       |   |   | –     |   |   |        | (83,000  | )      |   |   | – |   |   |   | 20,000 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| May 28, 2009, Reverse Merger and Amalgamation Transaction (Note 3) |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Shares acquired by legal parent                                    |   |         | (16,009,157 | )      |    |   | (1,195,823 | )          |   |   | –     |   |   |        | –  |   |   |   | – |   |   |   | (1,195,823 | ) |
| Issuance of shares to Intelimax and Cicero                         |   |         | 23,349,567  |   |    |   | 259        |       |   |   | 1,228,894   |   |   |        | –  |   |   |   | (33,330 | ) |   |   | 1,195,823 |   |
| Net liabilities assumed on reverse merger                          |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | –  |   |   |   | (19,000 | ) |   |   | (19,000 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.11 per share               |   |         | 575,000     |   |    |   | 6          |       |   |   | 62,124      |   |   |        | –  |   |   |   | – |   |   |   | 62,130 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.42 per share               |   |         | 610,000     |   |    |   | 6          |       |   |   | 256,292     |   |   |        | –  |   |   |   | – |   |   |   | 256,298 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.10 per share               |   |         | 68,000      |   |    |   | 1          |       |   |   | 6,999       |   |   |        | –  |   |   |   | – |   |   |   | 7,000 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Share issuance costs                                               |   |         | –     |   |    |   | –    |       |   |   | (24,500     | )      |   |        | –  |   |   |   | – |   |   |   | (24,500 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for services                              |   |         | 1,515,000   |   |    |   | 15         |       |   |   | 539,865     |   |   |        | –  |   |   |   | – |   |   |   | 539,880 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Share subscriptions received                                       |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | 5,300    |   |   |   | – |   |   |   | 5,300 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Stock-based compensation                                           |   |         | –     |   |    |   | –    |       |   |   | 165,723     |   |   |        | –  |   |   |   | – |   |   |   | 165,723 |   |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                              |   |         | –     |   |    |   | –    |       |   |   | –     |   |   |        | –  |   |   |   | (1,225,792 | ) |   |   | (1,225,792 | ) |
|                                                               |   |         |        |   |    |   |       |       |   |   |        |   |   |        |     |   |   |   |   |   |   |   |   |   |
| Balance – March 31, 2010                                     |   |         | 26,117,567  |   |    |   | 287        |       |   |   | 2,235,397   |   |   |        | 5,300    |   |   |   | (2,273,581 | ) |   |   | (32,597 | ) |

----

|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   | Deficit     |    |   |   |   |
|-------------------------------------------------------------------------------|--------|--------------|------------|--------|---------|--------|---------|------------|--------|--------|-------------|--------|--------|-------------|---------|--------|--------|--------|
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   | Accumulated |    |   |   |   |
|                                                                          |   |         |       |   |    |   |    | Additional |   |   | Common      |   |   | During the  |    |   |   |   |
|                                                                          |   | Common Stock |       |   | Paid-In |   |    | Stock      |   |   | Development |   |   |        |    |
|                                                                          |   | Shares       |       |   | Amount  |   |    | Capital    |   |   | Subscribed  |   |   | Stage       |    |   | Total  |   |
|                                                                          |   | $            |       |   | $       |   |    | $          |   |   | $           |   |   | $           |    |   | $      |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |
| Balance – March 31, 2010                                                |   |         | 26,117,567 |   |    |   | 287     |       |   |   | 2,235,397   |   |   |        | 5,300   |   |   |   | (2,273,581 | ) |   |   | (32,597 | ) |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for services                                         |   |         | 2,460,000  |   |    |   | 23      |       |   |   | 560,439     |   |   |        | – |   |   |   | – |   |   |   | 560,462 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.25 per share upon exercise of options |   |         | 100,000    |   |    |   | 1       |       |   |   | 24,999      |   |   |        | – |   |   |   | – |   |   |   | 25,000 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.41 per share                          |   |         | 250,000    |   |    |   | 3       |       |   |   | 103,132     |   |   |        | – |   |   |   | – |   |   |   | 103,135 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.42 per share                          |   |         | 12,500     |   |    |   | – |       |   |   | 5,300       |   |   |        | (5,300  | )      |   |   | – |   |   |   | – |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.20 per share                          |   |         | 3,195,000  |   |    |   | 32      |       |   |   | 642,376     |   |   |        | – |   |   |   | – |   |   |   | 642,408 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Issuance of common stock for cash at $0.21 per share                          |   |         | 472,000    |   |    |   | 5       |       |   |   | 97,848      |   |   |        | – |   |   |   | – |   |   |   | 97,853 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Shares issued to settle debt                                                  |   |         | 1,654,020  |   |    |   | 16      |       |   |   | 674,380     |   |   |        | – |   |   |   | – |   |   |   | 674,396 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Return of shares                                                              |   |         | (297,500   | )      |    |   | (3      | )          |   |   | 3           |   |   |        | – |   |   |   | – |   |   |   | – |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Share issuance costs                                                          |   |         | –    |   |    |   | – |       |   |   | (15,000     | )      |   |        | – |   |   |   | – |   |   |   | (15,000 | ) |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Stock based compensation                                                      |   |         | –    |   |    |   | – |       |   |   | 61,266      |   |   |        | – |   |   |   | – |   |   |   | 61,266 |   |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Net loss for the year                                                         |   |         | –    |   |    |   | – |       |   |   | –     |   |   |        | – |   |   |   | (2,013,220 | ) |   |   | (2,013,220 | ) |
|                                                                          |   |         |       |   |    |   |    |       |   |   |        |   |   |        |    |   |   |   |   |   |   |   |   |   |
| Balance – March 31, 2011                                                |   |         | 33,963,587 |   |    |   | 364     |       |   |   | 4,390,140   |   |   |        | – |   |   |   | (4,286,801 | ) |   |   | 103,703 |   |

----

|                                                                        |   | For the YearEndedMarch 31,2011$ |       |   | For the YearEndedMarch 31,2010$ |   |       | Accumulated from April 17, 2006 (Date of Inception) to March 31,2011$ |   |
|-----------------------------------------------------------------------------|--------|---------------------------------|------------|--------|---------------------------------|--------|------------|-------------------------------------------------------------------------------------------|--------|
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |
| Operating activities                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |
| Net loss for the period                                                     |   |                            | (2,013,220 | )      |                            |   | (1,225,792 | )                                                                                         |   |   | (4,234,471 | ) |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Amortization                                                                |   |                            | 71,069     |   |                            |   | 99,181     |                                                                                      |   |   | 308,903 |   |
| Loss (Gain) on forgiveness of debt                                          |   |                            | 394,756    |   |                            |   | (12,091    | )                                                                                         |   |   | 382,665 |   |
| Issuance of shares for services                                             |   |                            | 560,462    |   |                            |   | 354,278    |                                                                                      |   |   | 914,740 |   |
| Stock-based compensation                                                    |   |                            | 61,266     |   |                            |   | 165,723    |                                                                                      |   |   | 244,989 |   |
| Impairment of equipment                                                     |   |                            | 14,589     |   |                            |   | –    |                                                                                      |   |   | 14,589 |   |
| Impairment of website development costs                                     |   |                            | 147,993    |   |                            |   | –    |                                                                                      |   |   | 147,993 |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Changes in operating assets and liabilities:                                |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Other receivable                                                            |   |                            | 3,307      |   |                            |   | (8,248     | )                                                                                         |   |   | (7,636 | ) |
| Prepaid expense                                                             |   |                            | 186,130    |   |                            |   | 3,927      |                                                                                      |   |   | 180,002 |   |
| Accounts payable and accrued liabilities                                    |   |                            | 126,071    |   |                            |   | 198,716    |                                                                                      |   |   | 487,823 |   |
| Due to related parties                                                      |   |                            | (1,200     | )      |                            |   | 400        |                                                                                      |   |   | 11,200 |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Net Cash Used In Operating Activities                                       |   |                            | (448,777   | )      |                            |   | (423,906   | )                                                                                         |   |   | (1,549,203 | ) |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Investing Activities                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Cash acquired on acquisition                                                |   |                            | –    |   |                            |   | 34,365     |                                                                                      |   |   | 34,365 |   |
| Purchase of equipment                                                       |   |                            | (9,310     | )      |                            |   | (1,499     | )                                                                                         |   |   | (38,964 | ) |
| Purchase of website development costs                                       |   |                            | (800       | )      |                            |   | (9,538     | )                                                                                         |   |   | (445,598 | ) |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Net Cash Provided By (Used In) Investing Activities                         |   |                            | (10,110    | )      |                            |   | 23,328     |                                                                                      |   |   | (450,197 | ) |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Financing activities                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Proceeds from loans payable                                                 |   |                            | 436,320    |   |                            |   | 62,906     |                                                                                      |   |   | 499,226 |   |
| Proceeds from issuance of common shares                                     |   |                            | 868,396    |   |                            |   | 350,728    |                                                                                      |   |   | 2,384,447 |   |
| Repayment of loans payable                                                  |   |                            | (55,000    | )      |                            |   | (5,000     | )                                                                                         |   |   | (60,000 | ) |
| Share issuance costs                                                        |   |                            | (15,000    | )      |                            |   | (24,500    | )                                                                                         |   |   | (47,000 | ) |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Net Cash Provided by Financing Activities                                   |   |                            | 1,234,716  |   |                            |   | 384,134    |                                                                                      |   |   | 2,776,673 |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Increase (Decrease) in Cash                                                 |   |                            | 775,829    |   |                            |   | (16,444    | )                                                                                         |   |   | 777,273 |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Cash – Beginning of Period                                            |   |                            | 1,444      |   |                            |   | 17,888     |                                                                                      |   |   | – |   |
|                                                                        |   |                            |       |   |                            |   |       |                                                                                      |   |   |   |   |
| Cash – End of Period                                                  |   |                            | 777,273    |   |                            |   | 1,444      |                                                                                      |   |   | 777,273 |   |

| Non-cash investing and financing activities: |   |   |    |   |   |   |    |   |   |
|----------------------------------------------|--------|--------|---------|--------|--------|--------|---------|--------|--------|
| Shares issued for share issuance costs       |   |   | – |   |   |   | – |   |   |   | 28,800 |   |
|                                         |   |   |    |   |   |   |    |   |   |   |   |   |
| Supplemental disclosures:                    |   |   |    |   |   |   |    |   |   |   |   |   |
| Interest paid                                |   |   | – |   |   |   | – |   |   |   | – |   |
| Income tax paid                              |   |   | – |   |   |   | – |   |   |   | – |   |

----

----

| Office Furniture and Equipment | 20%  |
|--------------------------------|------|
| Computer Hardware              | 30%  |
| Computer Software              | 100% |

----

----

|                      |   |   |    |   |         |   |    |       |   |   | March 31,    |   |   | March 31     |    |
|---------------------------|--------|--------|---------|--------|--------------|--------|---------|------------|--------|--------|--------------|--------|--------|--------------|---------|
|                      |   |   |    |   |         |   |    |       |   |   | 2011         |   |   | 2010         |    |
|                      |   |   |    |   | Accumulated  |   |    |       |   |   | Net Carrying |   |   | Net Carrying |    |
|                      |   | Cost   |    |   | Amortization |   |    | Impairment |   |   | Value        |   |   | Value        |    |
|                      |   | $      |    |   | $            |   |    | $          |   |   | $            |   |   | $            |    |
|                      |   |   |    |   |         |   |    |       |   |   |         |   |   |         |    |
| Computer Hardware         |   |   | 16,612  |   |         |   | 9,716   |       |   |   | 3,831        |   |   |         | 3,065   |   |   |   | 5,471 |   |
| Computer Software         |   |   | 3,915   |   |         |   | 3,915   |       |   |   | –      |   |   |         | – |   |   |   | 750 |   |
| Office Furniture          |   |   | 18,438  |   |         |   | 7,698   |       |   |   | 4,495        |   |   |         | 6,245   |   |   |   | 5,619 |   |
|                      |   |   |    |   |         |   |    |       |   |   |         |   |   |         |    |   |   |   |   |   |
|                      |   |   | 38,965  |   |         |   | 21,329  |       |   |   | 8,326        |   |   |         | 9,310   |   |   |   | 11,840 |   |
| Website Development Costs |   |   | 441,831 |   |         |   | 287,574 |       |   |   | 154,257      |   |   |         | – |   |   |   | 224,778 |   |
|                      |   |   | 480,796 |   |         |   | 308,903 |       |   |   | 162,583      |   |   |         | 9,310   |   |   |   | 236,618 |   |

| a)  | As at March 31, 2011, the Company had a short term note payable of $2,906 owing to a shareholder of the Company. The note is unsecured, due interest at 3.5% per annum, and due on demand. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On October 1, 2009, the Company received an advance of $10,000.The loan bears interest at 4% per annum and is due on demand. As at March 31, 2011, $7,500 of the loan has been repaid and the Company issued 13,400 units to settle the remaining $2,500 of principal and $240 of accrued interest.  Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on March 30, 2013. The Company recorded a loss on the fair value of the debt of $6,335 equal to the difference between the fair value of the common shares and warrants and the debt settled. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| c)  | On November 10, 2010, December 1, 2010, December 21, 2010, February 4, 2011 and February 14, 2011, the Company issued notes payable of US$20,000, US$30,000, US$128,445, US$100,000 and US$20,000, respectively.  The notes are unsecured, due interest at 15% per annum, and due on demand.  On March 15, 2011, the Company issued 1,505,620 units to settle the outstanding debt.  Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on March 15, 2013.  The Company recorded a loss on the fair value of the debt of $343,676 equal to the difference between the fair value of the common shares and warrants and the debt settled. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)  | On March 15, 2011, the Company issued a note payable of $436,320 (US$450,000).  The note is unsecured, due interest at 15% per annum, and due on demand. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)  |  As at March 31, 2010, the Company had a short term note payable of $50,000 owing to a shareholder of the Company. During the year ended March 31, 2011, the Company repaid the note and $9,625 of interest payable. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a)  | On April 1, 2010, the Company issued 30,000 shares of the Company’s common stock for $7,712 in consulting services. |
|----------|---------------------------------------------------------------------------------------------------------------------------|

| b)  | On April 30, 2010, the Company issued 100,000 shares of the Company's common stock upon the exercise of stock options for cash proceeds of $25,000. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| c)  | On May 14, 2010, the Company issued 250,000 units for proceeds of $103,135. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.60 per share.  These warrants expire on May 14, 2012. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)  | On May 31, 2010, the Company issued 12,500 units for proceeds of $5,300, which were received and included in common stock subscribed as at March 31, 2010. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.60 per share.  These warrants expire on May 31, 2012. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)  | On August 1, 2010, the Company issued 205,000 units for proceeds of $41,531. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on August 1, 2012. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| f)  | On August 2, 2010, the Company issued 25,000 units for proceeds of $4,983. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on August 2, 2012. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| g)  | On August 11, 2010, the Company issued 30,000 shares of the Company’s common stock for $5,197 of consulting services. |
|----------|-----------------------------------------------------------------------------------------------------------------------------|

| h)  | On September 9, 2010, the Company issued 400,000 shares of the Company’s common stock for $20,790 of consulting services.  The fair value of the shares issued was $115,774 and the Company recorded a loss on the settlement of debt of $94,984. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| i)  | On September 20, 2010, the Company issued 222,000 units for proceeds of $45,853. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on September 20, 2012. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| j)  | On September 21, 2010, the Company issued 620,000 units for proceeds of $126,893. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on September 21, 2012. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| k)  | On September 21, 2010, the Company issued 500,000 shares of the Company’s common stock for $77,963 of consulting services. |
|----------|----------------------------------------------------------------------------------------------------------------------------------|

| l)  | On October 1, 2010, the Company issued 250,000 units for proceeds of $52,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share for two years. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| m)  | On October 1, 2010, the Company issued 35,000 shares of the Company’s common stock for $8,925 of consulting services.  The fair value of the shares issued was $7,144 and the Company recorded a gain on the settlement of debt of $1,781. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| n)  | On October 22, 2010, the Company issued 100,000 shares of the Company’s common stock for $15,623 of consulting services.  The fair value of the shares issued was $18,484 and the Company recorded a loss on the settlement of debt of $2,861. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o)  | On November 19, 2010, the Company issued 50,000 units for proceeds of $10,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share for two years. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| p)  | On November 20, 2010, the Company issued Company issued 100,000 shares of the Company’s common stock for $10,000 of consulting services. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------|

| q)  | On December 6, 2010, a consultant returned for no consideration, 297,500 shares of common stock previously issued for consulting services.  The Company cancelled the shares. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| r)  | On January 1, 2011, the Company issued Company issued 625,000 shares of the Company’s common stock for $136,758 of consulting services. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| s)  | On January 15, 2011, the Company issued Company issued 750,000 shares of the Company’s common stock for $200,354 of consulting services. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------|

| t)  | On January 27, 2011, the Company issued 25,000 shares of common stock with a fair value of $6,704 for services rendered by an employee. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------|

| u)  | On March 15, 2011, the Company issued 45,000 units for proceeds of $9,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share for two years. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| v)  | On March 15, 2011, the Company issued 1,505,620 units to settle $298,445 of notes payable and $2,679 of accrued interest.  Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on March 15, 2013.  The Company recorded a loss on the fair value of the debt of $343,676, equal to the difference between the fair value of the common shares and warrants and the debt settled. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| w)  | On March 15, 2011, the Company issued 2,250,000 units for proceeds of $450,000. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share for two years. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| x)  | On March 30, 2011, the Company issued 13,400 units to settle $2,500 of notes payable and $240 of accrued interest.  Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.30 per share.  These warrants expire on March 30, 2013.  The Company recorded a loss on the fair value of the debt of $6,335 equal to the difference between the fair value of the common shares and warrants and the debt settled. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a)  | On March 31, 2010, the Company issued 20,000 common shares with a fair value of $7,952 to a director as compensation for services pursuant to an agreement. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On March 23, 2010, the Company issued 30,000 common shares with a fair value of $12,701 to a consultant as compensation for services. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------|

| c)  | On February 11, 2010, the Company issued 75,000 common shares with a fair value of $31,536 to a consultant as compensation for services. In addition, the Company also issued 500,000 stock options with a fair value of $128,697 pursuant to the consulting agreement. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)  | On February 1, 2010, the Company issued 300,000 units with a fair value of $130,675 to a consultant pursuant to the consulting agreement described in Note 10(f). Each unit consisted of one common share and one share purchase warrant to acquire an additional common share at an exercise price of US$0.55 per share for 2 years. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)  | On January 22, 2010, the Company issued 20,000 common shares with a fair value of $8,411 to a director as compensation for services pursuant to an agreement. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| f)  | On January 19, 2010, the Company issued 200,000 common shares with a fair value of $103,070 to a consultant as compensation for services pursuant to a consulting agreement. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| g)  | On January 11, 2010, the Company issued 50,000 common shares with a fair value of $25,837 to a consultant as compensation for services performed for the company. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| h)  | On December 31, 2009, the Company issued 320,000 common shares with a fair value of $164,797 to consultants as compensation for services. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------|

| i)  | On December 10, 2009, the Company issued 610,000 units for proceeds of $256,298. Each unit consisted of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at an exercise price of US$0.60 per share.  These warrants expire on December 10, 2011. The Company paid a finder’s fee of $24,500 as part of the private placement. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| j)  | On November 20, 2009, the Company issued 68,000 common shares for proceeds of $7,000. |
|----------|---------------------------------------------------------------------------------------|

| k)  | On September 9, 2009, the Company issued 500,000 common shares with a fair value of $54,900 pursuant to two consulting agreements. |
|----------|------------------------------------------------------------------------------------------------------------------------------------|

| l)  | On August 16, 2009, the Company issued 400,000 common shares for proceeds of $42,880. |
|----------|---------------------------------------------------------------------------------------|

| m)  | On August 4, 2009, the Company issued 175,000 common shares for proceeds of $19,250. |
|----------|--------------------------------------------------------------------------------------|

| n)  | On May 28, 2009, as part of the merger between Cicero and Intelimax, the Company issued 7,340,410 common shares to shareholders of Cicero and cancelled all issued and outstanding common shares of Cicero. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o)  | During the year ended March 31, 2010, the Company issued 412,000 units for proceeds of $103,000, of which $83,000 were from common share subscriptions received prior to March 31, 2009. Each unit consisted of one common shares and one share purchase warrant.  Each share purchase warrant entitles the investor to acquire an additional common share at an exercise price of $0.50 per share and expire on May 28, 2010. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                        |   | Number of Options |     |   | Weighted Average Exercise Price |   |    | Weighted-Average Remaining Contractual Term(years) |   |   | Aggregate Intrinsic Value |   |
|---------------------------------------------|--------|-------------------|----------|--------|---------------------------------|--------|---------|----------------------------------------------------|--------|--------|---------------------------|--------|
|                                        |   |              |     |   |                            |   |    | $                                                  |   |   |                      | $      |   |   |
|                                        |   |              |     |   |                            |   |    |                                               |   |   |                      |   |   |   |
| Outstanding, March 31, 2009                 |   |              | –  |   |                            |   | – |                                               |   |   |                      |   |   |   |   |   |
|                                        |   |              |     |   |                            |   |    |                                               |   |   |                      |   |   |   |   |   |
| Granted                                     |   |              | 500,000  |   |                            |   | 0.15    |                                               |   |   |                      |   |   |   |   |   |
|                                        |   |              |     |   |                            |   |    |                                               |   |   |                      |   |   |   |   |   |
| Outstanding, March 31, 2010                 |   |              | 500,000  |   |                            |   | 0.15    |                                               |   |   |                      |   |   |   |   |   |
|                                        |   |              |     |   |                            |   |    |                                               |   |   |                      |   |   |   |   |   |
| Granted                                     |   |              | 350,000  |   |                            |   | 0.14    |                                               |   |   |                      |   |   |   |   |   |
| Exercised                                   |   |              | (100,000 | )      |                            |   | 0.25    |                                               |   |   |                      |   |   |   |   |   |
|                                        |   |              |     |   |                            |   |    |                                               |   |   |                      |   |   |   |   |   |
| Outstanding and Exercisable, March 31, 2011 |   |              | 750,000  |   |                            |   | 0.13    |                                               |   |   | 1.09                      |   |   |   | 162,500 |   |

|                            |   | 2011   |   |   | 2010   |   |
|---------------------------------|--------|--------|--------|--------|--------|--------|
|                            |   |   |   |   |   |   |
| Expected dividend yield         |   |   | 0      | %      |   |   | 0 | % |
| Risk-free interest rate         |   |   | 0.50   | %      |   |   | 0.91 | % |
| Expected volatility             |   |   | 153    | %      |   |   | 125 | % |
| Expected option life (in years) |   |   | 1.71   |   |   |   | 2 | % |

----

|                    |   | Number ofWarrants |       |   | Weighted Average Exercise Price$ |   |
|-------------------------|--------|-------------------|------------|--------|----------------------------------|--------|
|                    |   |              |       |   |                             |   |
| Balance, March 31, 2009 |   |              | 785,000    |   |                             |   | 0.50 |   |
|                    |   |              |       |   |                             |   |   |   |
| Issued                  |   |              | 1,322,000  |   |                             |   | 0.56 |   |
|                    |   |              |       |   |                             |   |   |   |
| Balance, March 31, 2010 |   |              | 2,107,000  |   |                             |   | 0.53 |   |
|                    |   |              |       |   |                             |   |   |   |
| Issued                  |   |              | 5,448,520  |   |                             |   | 0.31 |   |
| Expired                 |   |              | (1,197,000 | )      |                             |   | 0.50 |   |
|                    |   |              |       |   |                             |   |   |   |
| Balance, March 31, 2011 |   |              | 6,358,520  |   |                             |   | 0.35 |   |

| Number of Warrants | Exercise Price | Expiry Date        |
|--------------------|----------------|--------------------|
|               |           |               |
| 610,000            | US$0.60        | December 11, 2011  |
| 300,000            | US$0.55        | February 1, 2012   |
| 250,000            | US$0.60        | May 14, 2012       |
| 12,500             | US$0.60        | May 31, 2012       |
| 205,000            | US$0.30        | August 1, 2012     |
| 25,000             | US$0.30        | August 2, 2012     |
| 222,000            | US$0.30        | September 20, 2012 |
| 620,000            | US$0.30        | September 21, 2012 |
| 250,000            | US$0.30        | October 1, 2012    |
| 50,000             | US$0.30        | November 19, 2012  |
| 3,800,620          | US$0.30        | March 15, 2013     |
| 13,400             | US$0.30        | March 30, 2013     |
|               |           |               |
| 6,358,520          |           |               |

| a)  | During the year ended March 31, 2011, the Company incurred $104,952 (2010 - $180,161) of management and professional fees to directors of the Company. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | As at March 31, 2011, accounts payable and accrued liabilities include $73,391 (2010 - $209,215) owing to management, officers, and directors of the Company.  The amounts are unsecured, non-interest bearing, and due on demand. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)  | As at March 31, 2011, the Company owed $11,200 (2010 - $12,400) to two directors of the Company for general expenditures.  The amount owing is unsecured, non-interest bearing, and due on demand. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| d)  | During the year ending March 31, 2011, a former director forgave $47,123 of amounts owed by the Company. |
|----------|----------------------------------------------------------------------------------------------------------|

| a)  | In August 2008, the Company entered into a License Grant and Asset Purchase Agreement (the “Agreement”) with Fireswirl Technologies Inc. (“Fireswirl”), a company registered under the Business Corporations Act of British Columbia.  Under the terms of the Agreement, the Company is obligated for revenue sharing payments and acquisition of assets held by Fireswirl under the following terms: |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i.  | 10% of the revenues earned from the technology, during the period from inception of the Agreement to a period of the lesser of eighteen months from the inception of the Agreement or when the Company becomes a listed publicly-traded company (the “Initial Revenue Sharing Term”), subject to a maximum revenue sharing payment of $725,000; and |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii.  | 20% of the revenues earned from the technology, during the period from the first day following the Initial Revenue Sharing Term to a maximum revenue sharing payment of $1,100,000 or when the Agreement is cancelled by either party (the “Full Payment Date”), whichever occurs first; |
|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iii.  | the Company will purchase a non-exclusive right to the licences held by Fireswirl, which will be used by Gamboozle Media Inc., a wholly-owned subsidiary of the Company, in exchange for 1,500,000 common shares of the Company, payable at the earlier of when the Company becomes a listed publicly-traded company or the Full Payment Date. |
|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On January 15, 2011, the Company entered into a consulting agreement. Pursuant to the agreement the consultant will provide consulting services for six months in consideration for 500,000 shares of common stock and a monthly fee of US$10,000.  On January 15, 2011, the Company issued 500,000 shares to the consultant. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                  |   | 2011$  |     |   | 2010$  |   |
|---------------------------------------|--------|--------|----------|--------|--------|--------|
|                                  |   |   |     |   |   |   |
| Income tax recovery at statutory rate |   |   | (563,702 | )      |   |   | (362,834 | ) |
| Permanent differences and other       |   |   | 74,541   |   |   |   | 59,901 |   |
| Change in tax rates                   |   |   | 39,107   |   |   |   | 58,464 |   |
| Change in valuation allowance         |   |   | 450,054  |   |   |   | 244,469 |   |
|                                  |   |   |     |   |   |   |   |   |
| Provision for income taxes            |   |   | –  |   |   |   | – |   |

----

|                                 |   | 2011$  |     |   | 2010$  |   |
|--------------------------------------|--------|--------|----------|--------|--------|--------|
|                                 |   |   |     |   |   |   |
| Net operating losses carried forward |   |   | 911,749  |   |   |   | 501,549 |   |
| Share issuance costs                 |   |   | 8,490    |   |   |   | 8,530 |   |
| Property and equipment               |   |   | 39,894   |   |   |   | – |   |
| Valuation allowance                  |   |   | (960,133 | )      |   |   | (510,079 | ) |
|                                 |   |   |     |   |   |   |   |   |
| Net deferred tax asset               |   |   | –  |   |   |   | – |   |

| Period Incurred |   | Net OperatingLoss$ |      |   | Expiry Date |   |
|-----------------|--------|--------------------|-----------|--------|-------------|--------|
|            |   |               |      |   |        |   |
| 2007            |   |               | 195,502   |   |        |   | 2027 |   |
| 2008            |   |               | 362,048   |   |        |   | 2028 |   |
| 2009            |   |               | 442,640   |   |        |   | 2029 |   |
| 2010            |   |               | 1,232,069 |   |        |   | 2030 |   |
| 2011            |   |               | 1,414,736 |   |        |   | 2031 |   |
|            |   |               |      |   |        |   |   |   |
|            |   |               | 3,646,995 |   |        |   |   |   |

| a)  | On January 1, 2011, the Company entered into a service agreement for event and production services in consideration for compensation of 150,000 common shares of the Company.  The term of the agreement is for 90 days commencing April 1, 2011. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b)  | On April 6, 2011, the Company entered into a service agreement for website and multimedia development services in consideration for compensation of US$250,000. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c)  | On April 16, 2011, the Company entered into a service agreement for the provision of marketing and promotional services until December 31, 2011, in consideration for the issuance of 450,000 shares of the Company’s common stock. On April 16, 2011, the Company issued 450,000 common shares to the consultant. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| d)  | On April 29, 2011, the Company entered into a service agreement for the provision of website development, design and marketing services for one year, in consideration for the issuance of 500,000 shares of the Company’s common stock.  On April 29, 2011, the Company issued 500,000 units to the consultant. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| e)  | On April 29, 2011, the Company entered into a subscription agreement for the issuance 110,000 units at a subscription price of US$0.20 for total proceeds of US$22,000.  Each unit consists of one common share and one warrant to purchase one share of the Company’s common stock at US $0.30 for a period of two years. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| f)  | On May 1, 2011, the Company entered into a consulting agreement for marketing and promotional services for a period of one year for compensation of up to $5,000 per month and 250,000 common shares of the Company.  On May 1, 2011, the Company issued 250,000 common shares to the consultant. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| g)  | On May 2, 2011, the Company issued a note payable of US$30,000.  The note is unsecured, due interest at 15% per annum, and due on demand.  On June 23, 2011, the Company entered into a debt settlement agreement to settle the $30,000 loan payable.  The Company settled $30,000 of principal and $942 of accrued interest by issuing 103,142 units.  Each unit issued consists of one common share and one half warrant to purchase one share of the Company’s common stock at US $0.75 for a period of two years. On June 23, 2011, the Company issued 103,142 units. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| h)  | On May 4, 2011, the Company entered into a subscription agreement for the issuance of 250,000 units at a subscription price of US$0.20 for total proceeds of US$50,000.  Each unit consists of one common share and one warrant to purchase one share of the Company’s common stock at US$0.30 for a period of two years. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i)  | On May 6, 2011, the Company entered into a consulting agreement for a period of up to two years in consideration for $7,500 and 100,000 common shares of the Company, an option to purchase 100,000 shares of the Company for one year at $0.35 per share and $5 per new subscriber to the Company’s website using the consultant’s promotional code during the term of the contract.  On May 6, 2011, the Company issued 100,000 common shares to the consultant. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| j)  | On May 17, 2011, the Company issued 25,000 shares of the Company’s common stock to an employee as a bonus for services rendered. |
|----------|----------------------------------------------------------------------------------------------------------------------------------------|

| k)  | On May 20, 2011, the Company entered into a settlement and release agreement.  Pursuant to the agreement, a consultant released the Company from any and all claims and demands relating to the Company’s website in consideration for $1,000 and the issuance of 5,000 shares of the Company’s common stock. On May 20, 2011, the Company issued 5,000 common shares pursuant to the agreement. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| l)  | On May 27, 2011, the Company issued 500,000 shares of the Company's common stock upon the exercise of stock options for cash proceeds of $75,000. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| m)  | On May 27, 2011, the Company issued stock options to acquire 500,000 shares of common stock at an exercise price of $0.23 for two years. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------|

| n)  | On June 10, 2011, the Company entered into a debt settlement agreement to settle the loan payable described in Note 4(d).  The Company settled $450,000 of principal and $14,136 of accrued interest by issuing 1,547,119 units.  Each unit consists of one common share and one half warrant to purchase one share of the Company’s common stock at US $0.75 for a period of two years.  On June 23, 2011, the Company issued 1,547,119 units. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

Item 9.  Changes in and Disagreements With Accountants on Accounting and Financial Disclosure

Item 9A.  Controls and Procedures

| 1. | We did not maintain appropriate financial reporting controls – As of March 31, 2011, our company has not maintained sufficient internal controls over financial reporting for the financial reporting process.  As at March 31, 2011, our company did not have sufficient financial reporting controls with respect to timely financial reporting and the ability to process complex accounting issues such as calculation and recording of stock-based compensation. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | We do not have a financial expert on our Board of Directors – The majority of our Board of Directors also acts on the Audit Committee in providing necessary oversight over our financial reporting process and management.  Currently, our Board of Directors does not have a financial expert which increases the likelihood of financial reporting errors and deficiencies in implementing relevant financial reporting standards. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Item 9B.  Other Information

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Item 10.  Directors, Executive Officers and Corporate Governance

| Name            | Position Held with the Company                                                      | Age | Date First Elected or Appointed |
|-----------------|-------------------------------------------------------------------------------------|-----|---------------------------------|
| Glenn Little    | President, Chief Executive Officer, Chief Financial Officer, Secretary and Director | 56  | November 16, 2010               |
| Michael Young   | Director                                                                            | 48  | April 28, 2009                  |
| Richard Skujins | Director                                                                            | 40  | May 28, 2009                    |

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| ●   | the corporation could financially undertake the opportunity; |
|---------------------|--------------------------------------------------------------|

| ●   | the opportunity is within the corporation’s line of business; and |
|---------------------|-------------------------------------------------------------------------|

| ●   | it would not be fair to the corporation and its stockholders not to bring the opportunity to the attention of the corporation. |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------|

| 1.  | A petition under the Federal bankruptcy laws or any state insolvency law was filed by or against, or a receiver, fiscal agent or similar officer was appointed by a court for the business or property of such person, or any partnership in which he was a general partner at or within two years before the time of such filing, or any corporation or business association of which he was an executive officer at or within two years before the time of such filing; |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.  | Such person was convicted in a criminal proceeding or is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses); |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.  | Such person was the subject of any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him from, or otherwise limiting, the following activities: |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i.   | Acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii.   | Engaging in any type of business practice; or |
|-----------------|-----------------------------------------------|

| iii.   | Engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws; |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 4.  | Such person was the subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph (f)(3)(i) of this section, or to be associated with persons engaged in any such activity; |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.  | Such person was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated; |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.  | Such person was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding      by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated; |
|----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.  | Such person was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of: |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| i.   | Any Federal or State securities or commodities law or regulation; or |
|----------------|----------------------------------------------------------------------|

| ii.   | Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| iii.   |  Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or |
|------------------|----------------------------------------------------------------------------------------------------------------|

| 8.  | Such person was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name          | Number of LateReports | Number ofTransactionsNot Reported ona Timely Basis | Failure to FileRequiredForms |
|---------------|-----------------------|----------------------------------------------------|------------------------------|
| Michael Young | 1                     | 1                                                  | Nil                          |

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| 1. | honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | full, fair, accurate, timely, and understandable disclosure in reports and documents that we file with, or submit to, the Securities and Exchange Commission and in other public communications made by us; |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | compliance with applicable governmental laws, rules and regulations; |
|----|----------------------------------------------------------------------|

| 4. | the prompt internal reporting of violations of the Code of Business Conduct and Ethics to an appropriate person or persons identified in the Code of Business Conduct and Ethics; and |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | accountability for adherence to the Code of Business Conduct and Ethics. |
|----|--------------------------------------------------------------------------|

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Item 11.  Executive Compensation

| ●   | our principal executive officer; |
|---------------------|----------------------------------|

| ●   | each of our two most highly compensated executive officers who were serving as executive officers at the end of the years ended March 31, 2011 and 2010; and |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ●   | up to two additional individuals for whom disclosure would have been provided under (b) but for the fact that the individual was not serving as our executive officer at the end of the years ended March 31, 2011 and 2010, |
|---------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| SUMMARY COMPENSATION TABLE                                                                         |
|----------------------------------------------------------------------------------------------------|
| Nameand Principal Position                                                                         | Year | Salary($) | Bonus($) | Stock Awards($) | Option Awards($) | Non-Equity Incentive Plan Compensa-tion($) | Change in PensionValue and Nonqualified Deferred Compensation Earnings($) | AllOther Compensa-tion($) | Total($) |
| Glenn Little(1)President, Chief Executive Officer, Chief Financial Officer, Secretary and Director | 20112010 | 2,00016,000 | -- | -- | -- | -- | -- | -- | 2,00016,000 |
| Raymond Slee(2)Former President, Chief Technical Officer, Chief Executive Officer and Director     | 20112010 | -46,457.25 | -- | -- | -- | -- | -- | -- | -46,457.25 |
| Galit Alon(3)Former Chief Financial Officer and Secretary                                          | 20112010 | -12,313.84 | -- | -- | -- | -- | -- | -- | -12,313.84 |
| Charles Green(4)Former President, Chief Executive Officer and Director                             | 20112010 | -27,300 | -- | -- | -- | -- | -- | -- | -27,300 |

| (1) | Mr. Little was appointed president, chief executive officer, and director of our company on November 16, 2010 and as chief financial officer and secretary on November 25, 2010. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Mr. Slee was appointed chief technical officer on May 28, 2009 and as president, chief executive officer and as a director on September 17, 2010 and resigned as an officer and director on November 16, 2010. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Ms. Alon was appointed chief financial officer and secretary on March 25, 2010 and resigned as an officer on November 25, 2010. |
|-----|---------------------------------------------------------------------------------------------------------------------------------|

| (4) | Mr. Green was appointed chief executive officer and director on May 28, 2009 and as president and secretary on May 28, 2009 and resigned as an officer and director on September 17, 2010. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| DIRECTOR COMPENSATION |
|-----------------------|
| Name                  | FeesEarned orPaid inCash($) | StockAwards($) | OptionAwards($) | Non-EquityIncentivePlanCompensation($) | Change inPensionValue andNonqualifiedDeferredCompensationEarnings($) | AllOtherCompensation($) | Total($) |
| Richard Skujins       | 15,000 | - | - | - | - | - | 15,000 |

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Item 12.  Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

| Name and Address of Beneficial Owner                                                  | Amount and Nature ofBeneficial Ownership | Percentageof Class(1) |
|---------------------------------------------------------------------------------------|------------------------------------------|-----------------------|
| Glenn Little2320 – 555 West Hasting StreetVancouver  V6B 4N4Canada    | 560,333 Common(2)                        | 1.5%                  |
| Richard Skujins2320 – 555 West Hasting StreetVancouver  V6B 4N4Canada | 870,667 Common(3)                        | 2.4%                  |
| Michael Young2320 – 555 West Hasting StreetVancouver  V6B 4N4Canada   | 2,741,302 Common                         | 7.5%                  |
| Directors and Officers as a Group                                                     | 4,163,302 common                         | 11.4%                 |
|  Rose Mary Doroghazi Trust1631 Spruce Street,Granite City, IL, 62040             | 1,867,220 common                         | 5%                    |

| (1)   | Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares.  Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares).  In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided.  In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights.  As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding on June 22, 2011.  As of June 22, 2011, there were 36,656,587 shares of our company’s common stock issued and outstanding. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Includes 60,000 warrants to purchase shares of our common stock at $0.50 per warrant share and 500,333 shares of our common stock. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | Includes 450,000 share of our common stock held directly, 368,667 shares of our common stock and warrants to acquire an additional 52,000 shares of our common stock held by Our World Holdings Ltd., a company controlled by Mr. Skujins. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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Item 13.  Certain Relationships and Related Transactions, and Director Independence

Item 14.  Principal Accounting Fees and Services

|               |   | Year Ended      |   |
|--------------------|--------|-----------------|--------|
|               |   | March 31, 2011$ |   |   | March 31, 2010$ |   |
| Audit Fees         |   |            | 20,500 |   |   |   | 20,100 |   |
| Audit Related Fees |   | Nil             |   |   |   | 600 |   |
| Tax Fees           |   |            | 950    |   |   | Nil |   |
| All Other Fees     |   | Nil             |   |   | Nil |   |
| Total              |   |            | 21,500 |   |   |   | 20,700 |   |

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Item 15.  Exhibits, Financial Statement Schedules

| (1)   | Financial statements for our company are listed in the index under Item 8 of this document |
|-----------------|--------------------------------------------------------------------------------------------|

| (2)   | All financial statement schedules are omitted because they are not applicable, not material or the required information is shown in the financial statements or notes thereto. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit No. | Description                                                                                                                                                                                            |
|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3)         | (i) Articles of Incorporation                                                                                                                                                                          |
| 3.1         | Articles of Incorporation for Intelimax Media Inc. (incorporated by reference to our Current Report on Form 8-K filed on May 29, 2009).                                                                |
| 3.2         | Amalgamation Application Filed with the British Columbia Registrar of Companies on May 28, 2009 (incorporated by reference to our Current Report on Form 8-K filed on May 29, 2009).                   |
| (4)         | Instruments defining the rights of security holders, including indentures                                                                                                                              |
| 4.1         | Instrument defining the rights of holders – form of share certificate (incorporated by reference to our Current Report on Form 8-K filed on May 29, 2009).                                       |
| (10)        | Material Contracts                                                                                                                                                                                     |
| 10.1        | 2009 Stock Compensation Plan (incorporated by reference to our Registration Statement on Form S-8 filed on December 11, 2009).                                                                         |
| 10.2        | 2009 Stock Option Plan (incorporated by reference to our Registration Statement on Form S-8 filed on December 11, 2009).                                                                               |
| 10.3        | License Grant and Asset Purchase Agreement between our company and Fireswirl Technologies Inc. dated for reference August 22, 2008 (incorporated by reference to our Form S-1 filed on June 12, 2009). |
| (31)        | Rule 13a-14(a)/15d-14(a) Certifications                                                                                                                                                                |
| 31.1*       | Section 302 Certification under Sarbanes-Oxley Act of 2002 of Glenn Little (principal executive officer, principal financial officer and principal accounting officer).                                |
| (32)        | Section 1350 Certifications                                                                                                                                                                            |
| 32.1*       | Section 906 Certifications under Sarbanes-Oxley Act of 2002 of Glenn Little (principal executive officer, principal financial officer and principal accounting officer).                               |

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|                       |   | INTELIMAX MEDIA INC.                                                                        |
|----------------------------|--------|---------------------------------------------------------------------------------------------|
|                       |   | (Registrant)                                                                                |
|                       |   |                                                                                        |
| Dated:  June 28, 2011 |   | /s/ Glenn Little                                                                            |
|                       | By:    | Glenn Little                                                                                |
|                       |   | President, Chief Executive Officer, Chief Financial Officer, Secretary and Director         |
|                       |   | (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) |

| Dated:  June 28, 2011 |      | /s/ Glenn Little                                                                            |
|---------------------------------|-----------|---------------------------------------------------------------------------------------------|
|                            | By:  | Glenn Little                                                                                |
|                            |      | President, Chief Executive Officer, Chief Financial Officer, Secretary and Director         |
|                            |      | (Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) |
|                            |      |                                                                                        |
| Dated:  June 28, 2011 |      | /s/ Michael Young                                                                           |
|                            | By:  | Michael Young                                                                               |
|                            |      | Director                                                                                    |
|                            |      |                                                                                        |
| Dated:  June 28, 2011 |      | /s/ Richard Skujins                                                                         |
|                            | By:  | Richard Skujins                                                                             |
|                            |      | Director                                                                                    |
|                            |      |                                                                                        |