U.S.
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM 10-K  (Mark One) [X]
ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 For
Fiscal Year Ended: December 31, 2009 OR [
 ]
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number:  333-138927 THE CONNECT CORP.(Exact name of registrant as specified in its
charter)Nevada

26-2230717(State or other jurisdiction of incorporation or
organization)

(IRS Employer Identification No.)2840 West Drive, Suite 176Belleair Bluffs, Florida

33770(Address of principal executive offices)

(Postal Code) Issuer's telephone number:
 (800) 609-0775 Securities registered under
Section 12(b) of the Act:  None Securities registered under
Section 12(g) of the Act:  None Indicate by check mark if the
registrant is a well-known seasoned issuer, as defined in Rule 405 of the
Securities Act.  Yes [  ]  No [X]  Indicate by
check mark if the registrant is not required to file reports pursuant to Section
13 or 15(d) of the Act.  Yes [  ]  No Indicate by
check mark whether the registrant (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days.  Yes [x]No  [
 ] Indicate by checkmark whether the
registrant has submitted electronically and posted on its corporate Website, if
any, every Interactive Data File required to be submitted and posted pursuant to
Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12
months (or for such shorter period that the registrant was required to submit
and post such files).  [  ] Yes [] No (Not required by smaller
reporting companies). Indicate by check mark if
disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not
contained herein, and will not be contained, to the best of registrant's
knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this Form 10-K or any amendment to this Form 10-K.
 [  ]  Indicate by check mark whether
the registrant is a large accelerated filer, an accelerated filer, or a smaller
reporting company.  See the definitions of large accelerated filer,
accelerated filer, non-accelerated filer, and smaller reporting company in
Rule 12b-2 of the Exchange Act.   (Check one): Large
Accelerated Filer [  ] Accelerated
Filer [  ] Non-Accelerated
Filer [  ] Smaller reporting company [X] Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Exchange Act). Yes  [X]
   No [  ]  1      As of June 30, 2009, there were
55,500,000 shares of the registrant's common stock, par value $0.001, issued and
outstanding.  Of these, 12,000,000 shares are held by non-affiliates of the
registrant.  The market value of securities held by non-affiliates is
approximately $43,500,000. DOCUMENTS INCORPORATED BY REFERENCE  If the following documents are incorporated by reference,
briefly describe them and identify the part of the Form 10-K (e.g., Part I,
Part II, etc.) into which the document is incorporated:  (1) any
annual report to security holders; (2) any proxy or information statement;
and (3) any prospectus filed pursuant to Rule 424(b) or (c) of the
Securities Act of 1933, as amended (Securities Act).Not Applicable.        2     TABLE
OF CONTENTS Item
Number and Caption Page Cautionary
Statements Regarding Forward-Looking Information 4 Description
Of Business 4 Item
1A. Risk Factors. 9 Item
1B. Unresolved
Staff Comments. 9 Item
2. Properties. 9 Item
3. Legal
Proceedings. 10 Item
4. (Removed
and Reserved). 10 Part
II 10 Item
5. Market
For Registrants Common Equity, Related Stockholder Matters And Issuer Purchases
Of Equity Securities.10 Item
6. Selected
Financial Data. 10 Item
7. Managements
Discussion And Analysis Of Financial Condition And Results Of
Operations.11 Item
8  Financial Statements And Supplementary Data. 13 Item
9. Changes
In And Disagreements With Accountants On Accounting And Financial
Disclosure27 Item
9A.[T] Controls
And Procedures 27 Item
9B. Other
Information 28 Part
III 28 Item
10. Directors,
Executive Officers, And Corporate Governance 28 Item
11. Executive
Compensation 29 Item
12. Security
Ownership Of Certain Beneficial Owners And Management And Related Stockholder
Matters31 Item
13. Certain
Relationships And Related Transactions, And Director Independence 31 Item
14. Principal
Accountant Fees And Services 31 Part
IV 32 Item
15. Exhibits
And Financial Statement Schedules 32 Signatures 33        1   CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
INFORMATION Except for historical information, this report contains
forward-looking statements within the meaning of Section 21E of the Securities
Exchange Act of 1934.  Such forward-looking statements involve risks and
uncertainties, including, among other things, statements regarding our business
strategy, future revenues and anticipated costs and expenses.  Such
forward-looking statements include, among others, those statements including the
words expect, anticipate, intend, believe, and similar language.
 Our actual results may differ significantly from those projected in the
forward-looking statements.  Factors that might cause or contribute to such
differences include, but are not limited to, those discussed in the sections
Plan of Operation and Business.  You are cautioned not to place undue
reliance on the forward-looking statements, which speak only as of the date of
this report.  We undertake no obligation to publicly release any revisions
to the forward-looking statements or reflect events or circumstances taking
place after the date of this document. Although we
believe that the expectations reflected in these forward-looking statements are
based on reasonable assumptions, there are a number of risks and uncertainties
that could cause actual results to differ materially from such forward-looking
statements.  All references in
this Form 10-K to the Company, Connect Corp, we, us, or our are to The
Connect Corp.     Description
of Business General
Information  The Connect Corp.
(Connect Corp or the Company) was incorporated in the State of Nevada on
April 27, 2007, as Adicus Energy Corp.  We changed our name on October 16,
2007 to Iron Head Mining Corp., and subsequently to The Connect Corp. on March
17, 2009.  We were previously in the business of mineral exploration and
mining.  The Company changed its business plan earlier in the year and is
currently focusing its efforts on raising capital for the completion and launch
of its web-based membership savings system.  As of December 31,
2009, we had generated no revenues.  We have been issued an opinion by our
auditor that raises substantial doubt about our ability to continue as a going
concern based on our current financial position.  Please refer to note 7 of
our financial statements.  We have a total of
450,000,000 authorized common shares with a par value of $0.001 per share, and
have 55,500,000 common shares issued and outstanding as of December 31,
2009.  We have completed a
Form S-1 Registration Statement under the Securities Act of 1933 with the U.S.
Securities and Exchange Commission registering 7,250,000 shares of our common
stock in connection with an offering of the 7,250,000 shares by the selling
stockholders.  In February, 2009,
the Company executed a forward split of the Companys common stock on a 6-new
shares for 1-old share basis.  Our
principal offices are located at 2840 West Bay Drive, Suite 176, Belleair
Bluffs, Florida 33770, and our telephone number is (800) 609-0775. Business
Development  Connect Corp. has no
revenues and limited operations.  We have sustained losses since inception,
April 27, 2007, to December 31, 2009 of $48,233, and $25,637 for the year ended
December 31, 2009, and rely solely upon loans from our corporate officers and
directors for funding.   1      Connect Corp. has
never declared bankruptcy, been in receivership, or involved in any kind of
legal proceeding.  The Company, its directors, officers, affiliates, and
promoters have not and do not have any present intentions to enter into
negotiations or discussions with representatives or owners of any other
businesses or companies regarding the possibility of an acquisition or
merger.  Business of
Issuer  Our previous business
focus was on mineral exploration.  In January 2008, we obtained an option
to acquire a 100% interest in a mineral claim located in the Smithers Mining
Region in the Province of British Columbia, Canada.  The option was
terminated due to our inability to meet option payment and exploration cost
requirements.  Since that time, the Company has undergone a revision to its
business plan.  Since the adoption of
its revised business plan, the Company has continued to focus its efforts on the
raising of equity capital for the completion and launch of its web-based
membership savings system, which will offer families options to reduce their
monthly spending.  Through the savings website, members will have access to
discounts, sales, and other venues for saving on purchases.  Vendors will
supply these savings to members and pay Connect Corp. a commission.
 Products available through the website will include everything from
groceries to dining, travel, shopping, banking, and more everyday expenses.  The target customers
will be both individuals and large businesses, the latter of which can offer the
savings to employees as a fringe benefit.  The cost to the employer will be
small per employee, but the employee will be entitled to savings from
manufacturers, retailers, and other businesses.  We will collect fees from
both businesses, individuals who sign up for membership, as well as businesses
that offer discounts through the website.  Administration  None of our executive
officers have entered into management agreements.  They will, however,
offer their time as officers and directors and provide office administration
services to the firm with no financial compensation until such time as the
Company acquires additional financing following the completion of Phase I.  Employees  We have no employees
as of the date of this Report.  We do not pay any
compensation to our officers and directors solely for serving as directors on
our board of directors.  We conduct our
business largely through agreements with consultants and arms-length third
parties.  Research and
Development Expenditures  We have not incurred
any research or development expenditures since our incorporation.  Subsidiaries  We do not have any
subsidiaries.  5        Patents and
Trademarks  We do not own, either
legally or beneficially, any patent or trademark.  Bankruptcy or
Similar Proceedings  There has been no
bankruptcy, receivership or similar proceedings.  Reorganizations,
Purchases or Sales of Assets  There have been no
material reclassifications, mergers, consolidations, or purchase or sale of a
significant amount of assets not in the ordinary course of business.   ITEM 1A. RISK
FACTORS.  Not Applicable.   ITEM
1B. UNRESOLVED
STAFF COMMENTS.  Not Applicable.   ITEM
2. PROPERTIES.  We currently do not
own or lease any property.  We
currently have no investment policies as they pertain to real estate, real
estate interests or real estate mortgages.   ITEM
3. LEGAL
PROCEEDINGS.  Legal
Proceedings  In the ordinary
course of our business, we may from time to time become subject to routine
litigation or administrative proceedings that are incidental to our business.
 We are not a party to nor are we aware of any existing, pending or
threatened lawsuits or other legal actions involving us.   ITEM
4. (REMOVED
AND RESERVED)        PART
II   ITEM
5. MARKET
FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES.  Market
Information  Bid and ask
prices for our common stock have been quoted on the Over-The-Counter Bulletin
Board (the OTCBB) under the symbol CNNC.OB.  Our stock is infrequently
traded.  Below is a table showing the high and low asking price for the
stock since it began trading.    6        Quarter Ended
High
Low
Close11/10/08 
12/31/08
$0.10
$0.10
$0.103/31/09
$0.00
$0.00
$0.106/30/09
$1.00
$0.65
$0.719/30/09
$0.00
$0.00
$0.7112/31/09
$1.02
$1.00
$1.02   As of April 12, 2010,
we had 30 stockholders of record of our common stock.  Dividends  We have never
declared any cash dividends with respect to our common stock.  Future
payment of dividends is within the discretion of our board of directors and will
depend on our earnings, capital requirements, financial condition and other
relevant factors.  Although there are no material restrictions limiting, or
that are likely to limit, our ability to pay dividends on our common stock, we
presently intend to retain future earnings, if any, for use in our business and
have no present intention to pay cash dividends on our common stock.  Recent Sales of
Unregistered Securities  During the fiscal
year ended December 31, 2009, we did not issue any securities without
registration under the Securities Act of 1933.   ITEM
6. SELECTED
FINANCIAL DATA.  Not applicable.   ITEM
7. MANAGEMENTS
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS.  Results of
Operations  We
have generated no revenues since inception (April 27, 2007) and have incurred
$48,207 in expenses for the year ended December 31, 2009. The
following table provides selected financial data about our company as of and for
the year ended December 31, 2009.  Balance Sheet Data:


December 31, 2009

December 31, 2008Cash

$
-

-Total assets

$
-

-Total liabilities

$
11,200

100Stockholders' deficit

$
(11,200)

(100)  Net
cash provided by financing activities since inception through December 31, 2009,
was $34,533, consisting of $25,283 in contributed capital and $9,250 in proceeds
from the sale of our common stock.   7       Plan of
Operation  Over the next 12
months, it is expected that we will need approximately $50,000 to meet our
expenses.  Expenses include legal and accounting fees, salaries and general
and administrative expenses.  In order to develop its business plan, the
Company will be required to raise capital through the sale of equity, the
issuance of debt or a combination of both.  The failure to raise capital
may result in curtailing the development of its business plan, or potentially
the failure to continue the Companys operations.  Limited
Operating History; Need for Additional Capital There
is no historical financial information about us upon which to base an evaluation
of our performance.  We are an exploration stage corporation and have not
generated any revenues from business operations.  We cannot guarantee we
will be successful in our business operations.  Our business is subject to
risks inherent in the establishment of a new business enterprise, including
limited capital resources and possible cost overruns due to price and cost
increases in services and products. We
have no assurance that future financing will be available to us on acceptable
terms.  If financing is not available on satisfactory terms, we may be
unable to continue, develop or expand our operations.  Equity financing
could result in additional dilution to existing stockholders. Liquidity
and Capital Resources As
of the date of this report, we have yet to generate any revenues from our
business operations. Since
inception our main source for cash has been the sale of our equity securities.
 Upon inception, we issued 9,250,000 shares of common stock at $.001 par
value to 30 stockholders, including our officer and director, for $9,250 in
cash. As of the date of
this filing, we have yet to begin operations and therefore have not generated
any revenues.  As
of December 31, 2009, our cash and total assets were $0 and our total
liabilities were $11,200.   8


ITEM 8  FINANCIAL
STATEMENTS AND SUPPLEMENTARY DATA.       The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company)  Audited Financial Statements  For
the Period from April 27, 2007 (Inception) to December 31, 2009  9





The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company)  Index
to the Audited Financial Statements  For
the Period from April 27, 2007 (Inception) to December 31, 2009   Report
of Independent Registered Public Accounting Firm 11  Balance
Sheets as of December 31, 2009 and 2008 12  Statements of
Operations for the years ended December 31, 2009 and 2008, and
for the period from April 27, 2007 (Inception) to December 31, 2009 13  Statement of Changes
in Stockholders Equity (Deficit) for the period from April
27, 2007 (Inception) to December 31, 2009 14  Statements of Cash
Flows for the years ended December 31, 2009 and 2008, and
for the period from April 27, 2007 (Inception) to December 31, 2009 15  Notes
to the Audited Financial
Statements                                                                      16-24  10





[form10kcvbcomments1master002.gif]  11





The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Balance Sheets  December
31,2009
2008ASSETSTotal assets
$
                -
$
                -LIABILITIES AND
STOCKHOLDERS' DEFICITCurrent liabilities:Accounts
payable
$
        11,200
$
             100Total current liabilities
11,200
100Stockholders' DeficitCommon
stock, par value $0.001, 450,000,000 shares authorized, 55,500,000 shares
issued and outstanding
55,500
55,500Additional
paid-in capital
(18,467)
(33,004)Deficit
accumulated during the exploration/development stage
(48,233)
(22,596)Total stockholders'
deficit
(11,200)
(100)Total liabilities and
stockholders' deficit
$
                  -
$
                 -  See accompanying
notes to the audited financial statements.  12





The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Statements of Operations  For the
Year Ended December 31, 2009
For the
Year Ended December 31, 2008
For the
Period from April 27, 2007 (Inception) to December 31, 2009Revenues:
$
                             -
$
                             -
$
                             -Operating expenses:Exploration
costs
-
2,500
2,500Selling,
general and administrative
25,637
19,896
45,737Operating loss before
income taxes
(25,637)
(22,396)
(48,233)Income tax (expense)
benefit
-
-
-Net loss available to
common stockholders
$
                  (25,637)
$
                  (22,396)
$
                  (48,233)Basic and diluted loss
per common share
$
                      (0.00)
$
                      (0.00)Weighted average shares
outstanding
55,500,000
55,500,000  See accompanying
notes to the audited financial statements.   13


Common
StockShares
Amount
Additional Paid-In Capital
Deficit
Accumulated During the Exploration/Development Stage
Total
Stockholders' Equity (Deficit)Balance, April 27, 2007
(Inception)
-
$
                     -
$
                        -
$
                         -
$
                        -Common
shares issued for cash, $0.001 per share, May 31, 2007
55,500,000
55,500
(46,250)
-
9,250Loss
during the period from April 27, 2007 (Inception) to December 31, 2007
-
-
-
(200)
(200)Contributed
capital
-
-
200
-
200Balance, December 31,
2007
55,500,000
55,500
(46,050)
(200)
9,250Loss
for the year ended December 31, 2008
-
-
-
(22,396)
(22,396)Mining
expenses contributed by related party
-
-
2,500
-
2,500Contributed
capital
-
-
10,546
-
10,546Balance, December 31,
2008
55,500,000
55,500
(33,004)
(22,596)
(100)Loss
for the year ended December 31, 2009
-
-
-
(25,637)
(25,637)Contributed
capital
-
-
14,537
-
14,537Balance, December 31,
2009
55,500,000
$
           55,500
$
            (18,467)
$
             (48,233)
$
            (11,200) The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Statement of Changes in Stockholders Equity (Deficit) For
the Period from April 27, 2007 (Inception) to December 31, 2009  See
accompanying notes to the audited financial statements.


14


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Statements of Cash Flows  For the
Year Ended December 31, 2009
For the
Year Ended December 31, 2008
For the
Period from April 27, 2007 (Inception) to December 31, 2009Cash flows from operating
activities:Net
loss
$
               (25,637)
$
               (22,396)
$
               (48,233)Adjustments
to reconcile net loss to net cash used in operating activities:Mining
expense contributed by related party
-
2,500
2,500Change
in operating liabilities:Increase
(decrease) in accounts payable
11,100
100
11,200Net cash used in
operating activities
(14,537)
(19,796)
(34,533)Cash flows from investing
activities:
-
-
-Net cash provided by
investing activities
-
-
-Cash flows from financing
activities:Cash
received from stock subscriptions receivable
-
9,250
9,250Contributed
capital
14,537
10,546
25,283Net cash provided by
financing activities
14,537
19,796
34,533Net increase in cash
-
-
-Cash at beginning of
period
-
-
-Cash at end of period
$
                           -
$
                           -
$
                           -Supplemental Disclosures:Cash
paid for interest
$
                         -
$
                         -
$
                         -Cash
paid for income taxes
$
                         -
$
                         -
$
                         -  See accompanying
notes to the audited financial statements.


15


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009   1) ORGANIZATION  Formerly
known as Adicus Energy Corporation, the Company was incorporated on April 27,
2007 in the State of Nevada.  In February, 2009, the Company changed its
name to The Connect Corporation (see Note 4).  The Companys headquarters
are based in the state of Florida.  The accounting and reporting policies
of the Company conform to accounting principles generally accepted in the United
States of America, and the Companys fiscal year end is December 31.  Formerly
an exploration stage company that was primarily engaged in the acquisition,
exploration, and development of resource properties, the Company is currently a
development stage company that seeks to identify organizations that have
attained critical mass thresholds of members, affiliates, and customers with
established electronic communication and delivery systems.  The Company
provides value-added benefits to these organizations that can significantly
enhance the financial well being through the cost effective electronic
installation of the Net Savings Connection web based savings system.  To
date, the Companys activities have been limited to its formation, minimal
operations, and the raising of equity capital.  DEVELOPMENT
STAGE COMPANY  The
Company is considered to be in the development stage as defined in ASC 915
Accounting and Reporting by Development Stage Enterprises.  The
Companys efforts have been devoted primarily to raising capital, borrowing
funds and attempting to implement its planned, principal activities.  2) SIGNIFICANT
ACCOUNTING POLICIES  USE
OF ESTIMATES  The
preparation of the Companys financial statements in conformity with accounting
principles generally accepted in the United States requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amount of revenues and expenses during
the reporting period.  Actual results could differ from those estimates.
 The Companys periodic filings with the Securities and Exchange Commission
include, where applicable, disclosures of estimates, assumptions, uncertainties
and markets that could affect the financial statements and future operations of
the Company.


16


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  2) SIGNIFICANT
ACCOUNTING POLICIES (CONTINUED)  CASH
AND CASH EQUIVALENTS  Cash
and cash equivalents include cash in banks, money market funds, and certificates
of term deposits with maturities of less than three months from inception, which
are readily convertible to known amounts of cash and which, in the opinion of
management, are subject to an insignificant risk of loss in value.  The
Company had $0 in cash and cash equivalents as of December 31, 2009 and
2008.  NET
INCOME OR (LOSS) PER SHARE OF COMMON STOCK  The
Company has adopted ASC 260 Earnings per Share, (EPS) which requires
presentation of basic and diluted EPS on the face of the income statement for
all entities with complex capital structures and requires a reconciliation of
the numerator and denominator of the basic EPS computation to the numerator and
denominator of the diluted EPS computation.  In the accompanying financial
statements, basic earnings (loss) per share is computed by dividing net loss by
the weighted average number of shares of common stock outstanding during the
period.  The
following table sets forth the computation of basic and diluted earnings per
share for the years ended December 31, 2009 and 2008:


17


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  2) SIGNIFICANT
ACCOUNTING POLICIES (CONTINUED)  NET
INCOME OR (LOSS) PER SHARE OF COMMON STOCK  December
31,2009
2008Net loss
$
      (25,637)
$
      (22,396)Weighted average shares
outstanding (Basic)
55,500,000
55,500,000Options
-
-Warrants
-
-Weighted average shares
outstanding (Diluted)
55,500,000
55,500,000Net loss per common share
(Basic and Diluted)
$
          (0.00)
$
          (0.00)  The
Company has no potentially dilutive securities, such as options or warrants,
currently issued and outstanding.  CONCENTRATIONS
OF CREDIT RISK  The
Companys financial instruments that are exposed to concentrations of credit
risk primarily consist of its cash and cash equivalents and related party
payables it will likely incur in the near future.  The Company places its
cash and cash equivalents with financial institutions of high credit worthiness.
 At times, its cash and cash equivalents with a particular financial
institution may exceed any applicable government insurance limits.  The
Companys management plans to assess the financial strength and credit
worthiness of any parties to which it extends funds, and as such, it believes
that any associated credit risk exposures are limited.  RECENTLY
ISSUED ACCOUNTING PRONOUNCEMENTS  In
June 2009, the FASB established the Accounting Standards Codification
(Codification or ASC) as the source of authoritative accounting principles
recognized by the FASB to be applied by nongovernmental entities in the
preparation of financial statements in accordance with generally accepted
accounting principles in the United States (GAAP). Rules and interpretive
releases of the Securities and Exchange Commission (SEC) issued under
authority of federal securities laws are also sources of GAAP for SEC
registrants. Existing GAAP was not intended to be changed as a result of the
Codification, and accordingly the change did not impact our financial
statements. The ASC does change the way the guidance is organized and
presented.


18


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  2) SIGNIFICANT
ACCOUNTING POLICIES (CONTINUED)  Statement
of Financial Accounting Standards (SFAS) No. 165 (ASC Topic 855), Subsequent
Events, SFAS No. 166 (ASC Topic 810), Accounting for Transfers of Financial
Assets-an Amendment of FASB Statement No. 140, SFAS No. 167 (ASC Topic 810),
Amendments to FASB Interpretation No. 46(R), and SFAS No. 168 (ASC Topic 105),
The FASB Accounting Standards Codification and the Hierarchy of Generally
Accepted Accounting Principles- a replacement of FASB Statement No. 162 were
recently issued. SFAS No. 165, 166, 167, and 168 have no current applicability
to the Company or their effect on the financial statements would not have been
significant.  Accounting
Standards Update (ASU) ASU No. 2009-05 (ASC Topic 820), which amends Fair
Value Measurements and Disclosures  Overall, ASU No. 2009-13 (ASC Topic 605),
Multiple Deliverable Revenue Arrangements, ASU No. 2009-14 (ASC Topic 985),
Certain Revenue Arrangements that include Software Elements, and various other
ASUs No. 2009-2 through ASU No. 2010-11 which contain technical corrections to
existing guidance or affect guidance to specialized industries or entities were
recently issued. These updates have no current applicability to the Company or
their effect on the financial statements would not have been significant.  FOREIGN
CURRENCY TRANSLATION  Although
the Companys primary operations are based in Canada, the Companys functional
and reporting currency is the U.S. dollar.  Any transactions initiated in
Canadian dollars are translated into U.S. dollars in accordance with ASC 830,
"Foreign Currency Translation" as follows:  i)
Monetary assets and liabilities at
the rate of exchange in effect at the balance sheet date. ii)
Equity at historical
rates. iii)
Revenue and expense items at the
average rate of exchange prevailing during the period.  Adjustments
arising from such translations are deferred until realization and are included
as a separate component of stockholders equity as a component of


19


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  2) SIGNIFICANT
ACCOUNTING POLICIES (CONTINUED)  comprehensive
income or loss.  Therefore, translation adjustments are not included in
determining net income (loss) but reported as other comprehensive income.  For
foreign currency transactions, the Company translates these amounts to the
Companys functional currency at the exchange rate effective on the invoice
date.  If the exchange rate changes between the time of purchase and the
time actual payment is made, a foreign exchange transaction gain or loss results
which is included in determining net income for the period.  No
significant realized exchange gain or losses were recorded from April 27, 2007
(Inception) to December 31, 2009.  3) MINERAL
CLAIM OPTION AGREEMENT  In
January 2008, the Company entered into an option to purchase certain mineral
claims (the Option) located in the Smithers Mining Region of British Columbia
from the Companys Assistant Secretary.  The Option provided for the
Company to acquire a 100 percent undivided interest in and to the aforementioned
mineral claims, free and clear of all charges, encumbrances, and claims in
exchange for $2,500, and the payment of which was waived and treated as a
capital contribution at December 31, 2008.  In addition, the Company was
required to make payments pursuant to the Option as follows:  Payment No.
Amount
Date1
$
          2,500
10/30/20082
5,000
5/31/20093
42,500
9/1/2009  The
Company was also required to incur exploration expenditures of up to $25,000
related to the mineral claims acquired prior to the end of given periods as per
the schedule below:


20


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  3) MINERAL
CLAIM OPTION AGREEMENT (CONTINUED)  Payment No.
Amount
Date1
2,000
9/30/20082
10,000
10/30/20083
13,000
9/1/2009  If
the Company incurred less in exploration expenditures during a given period than
the amounts as per the schedule above, it would have been required to pay the
difference prior to the expiration of that period.  If the Company incurred
more in exploration expenditures than the amounts as per the schedule above, the
excess amount would have been carried forward and applied to the exploration
expenditures to be incurred in the succeeding periods.  The
Option was terminable by the Company at its sole discretion upon giving proper
notice to its Assistant Secretary of intent to terminate.  During
the third quarter of 2008, the Company gave notice to its Assistant Secretary
and the Option was terminated, thus nullifying any remaining option payments or
exploration expenditures.  No exploration expenditures related to mineral
claims acquired were incurred prior to the termination of the Option.  4) BUSINESS
PLAN AMENDMENT  In
February 2009, to advance its business plan, and in response to its inability to
obtain necessary funding to implement its former business plan, the Company
performed a comprehensive evaluation of its business plan, resulting in the
development of a new corporate direction and mission statement.  In support
of these changes, the Companys Board of Directors elected to change the
Companys name from Iron Head Mining Corporation to The Connect Corporation.
Accordingly, in March 2009, the Company filed a Certificate of Amendment with
Nevada Secretary of State amending its Articles of Incorporation for this
purpose.  In addition, in March 2009, the Company named a new Chief
Executive Officer and member to its Board of Directors.  In
February 2009, the Companys Board of Directors elected to implement a 6 to 1
forward split of its common shares.  As a result of the forward split,
9,250,000 of the Companys common shares issued and outstanding at the time of
the forward split increased to 55,500,000 common shares issued and outstanding.
 These increased amounts have been retrospectively applied to the Companys
financial statements for all periods presented (see Note 5).


21


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  5) STOCKHOLDERS
EQUITY  AUTHORIZED
STOCK  The
Company has authorized 450,000,000 of common shares with a par value of $.001
per share.  Each share entitles the holder to one vote, in person or proxy,
on any matter on which action of the shareholders of the Company is sought.  SHARE
ISSUANCES  In
February 2009, the Companys Board of Directors elected to implement a 6 to 1
forward split of its common shares.  Prior to the forward split, the
Companys issued and outstanding common shares totaled 9,250,000, which
represents common shares issued at $.001 per share, in exchange for $9,250.
 As a result of the forward split, the Companys common shares issued and
outstanding increased to 55,500,000 common shares.  These increased amounts
have been retrospectively applied to the Companys financial statements for all
periods presented.  CAPITAL
CONTRIBUTIONS  During
the years ended December 31, 2009 and 2008, the Companys Assistant Secretary
contributed $14,537 and $13,046, respectively.  These amounts represent
waived contractual option fees (see Note 3), and payment on behalf of the
Company of other operating expenditures.  Prior year contributions of $200
by the Assistant Secretary bring the total capital contributions to $27,783 as
of December 31, 2009.  This amount has been included in additional paid-in
capital, totaling ($18,467) as of December 31, 2009.  6) PROVISION
FOR INCOME TAXES  The
Company recognizes the tax effects of transactions in the year in which such
transactions enter into the determination of net income, regardless of when
reported for tax purposes. Deferred taxes are provided in the financial
statements under ASC 740 to give effect to the resulting temporary differences
which may arise from differences in the basis of fixed assets, depreciation
methods, allowances, and start-up costs based on the income taxes expected to be
payable in future years.


22


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  6) PROVISION
FOR INCOME TAXES (CONTINUED)  Minimal
development stage deferred tax assets arising as a result of net operating loss
carry-forwards have been offset completely by a valuation allowance due tothe uncertainty of their utilization in future periods.  Operating loss
carry forwards totaled $48,207 for the period from inception to December 31,
2009, and will begin to expire in 2028.  Accordingly, deferred tax assets
of approximately $16,872 were offset by a valuation allowance of the same
amount.  The
Company adopted the provisions of uncertain tax positions as addressed in ASC
740-10-65-1, at inception. As a result of the implementation of ASC 740-10-65-1,
the Company recognized approximately no increase in the liability for
unrecognized tax benefits.  The
Company has no tax position as of December 31, 2009 and 2008 for which the
ultimate deductibility is highly certain but for which there is uncertainty
about the timing of such deductibility. The Company recognizes interest accrued
related to unrecognized tax benefits in interest expense and penalties in
operating expenses. No such interest or penalties were recognized during the
periods presented. The Company had no accruals for interest and penalties as of
December 31, 2009 and 2008. The Companys utilization of any net operating loss
carry forward may be unlikely as a result of its intended development stage
activities.  7) GOING
CONCERN AND LIQUIDITY CONSIDERATIONS  The
accompanying financial statements have been prepared assuming that the Company
will continue as a going concern, which contemplates, among other things, the
realization of assets and satisfaction of liabilities in the normal course of
business.  As of December 31, 2009, the Company has negative working
capital of $11,200 and an accumulated deficit totaling $11,200.  The
Company intends to fund operations through equity financing arrangements, which
may be insufficient to fund its capital expenditures, working capital and other
cash requirements for the next twelve months.  The
ability of the Company to emerge from the development stage is dependent upon,
among other things, obtaining additional financing to continue operations,
successfully implement its newly adopted business plan and realize
profitability, as well as recurring operating cash flows.  In response to
these factors,


23


The
Connect Corporation (Formerly Iron Head Mining Corporation) (A
Development Stage Company) Notes
to the Audited Financial Statements For
the Period from April 27, 2007 (Inception) to December 31, 2009  7) GOING
CONCERN AND LIQUIDITY CONSIDERATIONS (CONTINUED)  management
intends to raise additional funds through public or private placement offerings,
and to expedite to the extent possible the implementation of its newly adopted
business plan.  These
factors, among others, raise substantial doubt about the Companys ability to
continue as a going concern.  The accompanying financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.  8) SUBSEQUENT
EVENTS  The
Company has evaluated its subsequent events from the balance sheet date through
the date the financial statements were issued and determined there are no
additional events to disclose.


24


ITEM
9. CHANGES
IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE  Not applicable.   ITEM
9A.[T] CONTROLS
AND PROCEDURES  Evaluation of Our
Disclosure Controls and Internal Controls  Under the supervision
and with the participation of our senior management, including our chief
executive officer and chief financial officer, Michelle Pannoni, we conducted an
evaluation of the effectiveness of the design and operation of our disclosure
controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the
Securities Exchange Act of 1934, as amended (the Exchange Act), as of the end
of the period covered by this annual report (the Evaluation Date).  Based
on this evaluation, our chief executive officer and chief financial officer
concluded as of the Evaluation Date that our disclosure controls and procedures
were effective such that the information relating to us required to be disclosed
in our Securities and Exchange Commission (SEC) reports (i) is recorded,
processed, summarized and reported within the time periods specified in SEC
rules and forms, and (ii) is accumulated and communicated to our management,
including our chief executive officer and chief financial officer, as
appropriate to allow timely decisions regarding required disclosure.  Managements
Annual Report on Internal Control Over Financial Reporting  The
management of the Company is responsible for establishing and maintaining
adequate internal control over financial reporting.  The internal control
process has been designed, under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation
of the Companys financial statements for external reporting purposes in
accordance with accounting principles generally accepted in the United States of
America.  Management conducted an assessment of the effectiveness of the
Companys internal control over financial reporting as of December 31, 2009,
including (i) the control environment, (ii) risk assessment, (iii) control
activities, (iv) information and communication, and (v) monitoring.  Based
on this assessment, management has determined that the Companys internal
control over financial reporting as of December 31, 2009 was effective.  Our
internal control over financial reporting is a process designed to provide
reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with
accounting principles generally accepted in the United States.  Because of
its inherent limitations, internal control over financial reporting may not
prevent or detect misstatements.  Therefore, even those systems determined
to be effective can provide only reasonable assurance of achieving their control
objectives.  In evaluating the effectiveness of our internal control over
financial reporting, our management used the criteria set forth by the Committee
of Sponsoring Organizations of the Treadway Commission (COSO) in Internal
Control  Integrated Framework.  This
annual report does not include an attestation report of our registered public
accounting firm regarding internal control over financial reporting.
 Managements report was not subject to attestation by our registered
public accounting firm pursuant to temporary rules of the Securities and
Exchange Commission that permit us to provide only managements report in this
annual report.


25


Officers Certifications  Appearing as exhibits
to this Annual Report are Certifications of our Chief Executive Officer and
Chief Financial Officer.  The Certifications are required pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002 (the Section 302
Certifications).  This section of the Annual Report contains information
concerning the Controls Evaluation referred to in the Section 302 Certification.
 This information should be read in conjunction with the Section 302
Certifications for a more complete understanding of the topics presented.  Changes in Internal Control Over Financial Reporting  There have been no
changes in our internal control over financial reporting that occurred during
the quarter ended December 31, 2009 that have materially affected or are
reasonably likely to materially affect our internal control over financial
reporting.   ITEM
9B. OTHER
INFORMATION  Not
applicable.     PART
III   ITEM
10. DIRECTORS,
EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE  Executive
Officers, Directors and Key Employees  Directors serve until
the next annual meeting of the stockholders; until their successors are elected
or appointed and qualified, or until their prior resignation or removal.
 Officers serve for such terms as determined by our board of directors.
 Each officer holds office until such officers successor is elected or
appointed and qualified or until such officers earlier resignation or removal.  The following table
sets forth certain information, as of April 12, 2010, with respect to our
directors and executive officers.  Name
Positions Held
Age
Date of AppointmentMichelle
Pannoni
President,
Director
42
12/28/2009Dr. Lyn
DaSylva
Vice President,
Treasurer, Secretary, Director
50
12/28/2009  Current
officers/directors are expected to hold said offices/positions until the next
annual meeting of our stockholders.  Certain
biographical information of our directors and officers is set forth
below.  Michelle Pannoni, President, Director.  Ms. Pannoni
has owned and operated several web based marketing and development companies
specializing in commercial web based design and management of online delivery
systems for electronic benefits, premium/incentives, member-based savings
systems and affiliate marketing consolidator fulfillment programs.
 Previously, she was president and owner of several web based marketing and
development companies.  Ms.


26


Pannoni
has experience in accounting and finance, electronic marketing, web-based
program design, affiliate marketing and business development/management.  Dr.
Lyn DaSylva,Vice President, Treasurer, Secretary, Director.
 Dr. DaSylva is a private practitioner and multi-discipline clinic owner,
has leveraged her academic and business background as marketer, trainer and
consultant for over 20 years, to develop and promote global online training
programs and marketing strategies for both the U.S. and International Health
Care and private practice markets.  Most
recently, Dr. DaSylva has been involved in the development of revolutionary
assessment protocol targeted for delivery as Beta testing sites to NFL and
Olympic Teams through credentialed health care and athletic training programs.  Term of
Office  Our directors are
elected for one-year terms, to hold office until the next annual general meeting
of the stockholders, or until removed from office in accordance with our bylaws.
 Our officers are appointed by our board of directors and hold office until
removed by the board.  Significant
Employees  We have no
significant employees other than the officers and directors described above.  Employment
Agreements  Our officers are our
only employees and we do not have any employment agreements with them.  Audit
Committee  We do not have a
standing audit committee, an audit committee financial expert, or any committee
or person performing a similar function.  We currently have limited working
capital and no revenues.  Management does not believe that it would be in
our best interests at this time to retain independent directors to sit on an
audit committee.  If we are able to raise sufficient financing in the
future, then we will likely seek out and retain independent directors and form
an audit, compensation committee and other applicable committees.  Board of Directors  We do not have an
independent director.  We do not pay him for attending board meetings.
 Our Directors are reimbursed, however, for expenses, if any, for
attendance at meetings of the Board of Directors.  Our Board of Directors
may designate from among its members an executive committee and one or more
other committees but has not done so to date.  We do not have a nominating
committee or a nominating committee charter.  Further, we do not have a
policy with regard to the consideration of any director candidates recommended
by security holders.  To date this has not been a problem as no security
holders have made any such recommendations.  Our director performs all
functions that would otherwise be performed by committees.  Given the
present size of our board it is not practical for us to have committees.
 If we are able to grow our business and increase our operations we intend
to expand the size of our board and allocate responsibilities accordingly.


27


Compliance with
Section 16(a) of the Exchange Act  Our common stock is
not registered pursuant to Section 12 of the Securities Exchange Act of 1934, as
amended (the Exchange Act).  Accordingly, our officers, directors and
principal stockholders are not subject to the beneficial ownership reporting
requirements of Section 16(a) of the Exchange Act.  Code of Ethics  As of December 31,
2009, we have not yet adopted a Code of Ethics.   ITEM
11. EXECUTIVE
COMPENSATION  (a)
No officer or director of the Company is receiving any remuneration at this
time. (b) There are no
annuity, pension or retirement benefits proposed to be paid to officers,
directors, or employees of the corporation in the event of retirement at normal
retirement date pursuant to any presently existing plan provided or contributed
to by the corporation or any of its subsidiaries.  (c) No remuneration
is proposed to be paid in the future directly or indirectly by the corporation
to any officer or director under any plan which presently exists. Director
Compensation The
members of the Companys Board of Directors do not receive compensation, as
such, at this time, but are paid consulting fees for specific services as
incurred. Stock Option
Grants  As of the date of
this Report, the Company has not granted any stock options  Employment
Agreements  We do not have any
employment or consultant agreements.  Indemnification  Under our bylaws, we
may indemnify an officer or director who is made a party to any proceeding,
including a lawsuit, because of his position, if he acted in good faith and in a
manner he reasonably believed to be in our best interest.  We may advance
expenses incurred in defending a proceeding.  To the extent that the
officer or director is successful on the merits in a proceeding as to which he
is to be indemnified, we must indemnify him against all expenses incurred,
including attorneys fees.  With respect to a derivative action, indemnity
may be made only for expenses actually and reasonably incurred in defending the
proceeding, and if the officer or director is judged liable, only by a court
order.  The indemnification is intended to be to the fullest extent
permitted by the laws of the State of Nevada.  Regarding
indemnification for liabilities arising under the Securities Act, which may be
permitted to directors or officers under Nevada law, we are informed that, in
the opinion of the Securities and Exchange Commission, indemnification is
against public policy, as expressed in the Act and is, therefore,
unenforceable.


28


ITEM
12. SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
AND RELATED STOCKHOLDER MATTERS  The following table
sets forth, as of December 31, 2009, the beneficial ownership of our common
stock by our officers and directors, and any shareholders who beneficially own
more than 5% of our common stock.  Except as otherwise indicated, all
shares are owned directly and the percentage shown is based on 55,500,000 shares
of common stock issued and outstanding on December 31, 2009.  Name and
Address of Beneficial Owner
Number of
Shares of Common Stock
Percentage
Ownership of Common StockKen Waters
2118 
102nd Cresc.
North
Battleford, SK
Canada, S9A
1J5
12,000,000
21.6%Michelle
Pannoni, President, Director
0
0%Lyn DaSylva,
VP, Treasurer, Secretary, Director
0
0%Directors and
Officers as a Group (2)
0
0%   Securities
Authorized for Issuance Under Equity Compensation Plans  We have not adopted
any equity compensation plans since our inception.   ITEM
13. CERTAIN
RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE  Other than as set
forth in this section, none of the following parties has, since our date of
incorporation, any material interest, direct or indirect, in any transaction
with us or in any presently proposed transaction that has or will materially
affect us:  *
    Our director or officer; *
    Any person proposed as a nominee for election as a
director; *
    Any person who beneficially owns, directly or
indirectly, shares carrying more than 10% of the voting rights attached to our
outstanding shares of common stock; *
    Any of our promoters; *
    Any relative or spouse of any of the foregoing persons
who has the same house as such person.      ITEM
14. PRINCIPAL
ACCOUNTANT FEES AND SERVICES  Audit
Fees.


29


The aggregate fees
billed to us by our principal accountant for services rendered during the fiscal
year ended December 31, 2008 and 2009 is set forth in the table below:  Fee
Category
Fiscal year ended
December 31, 2008
Fiscal year ended
December 31, 2009Audit fees (1)
$8,400
$9,500Audit-related fees (2)
0
0Tax fees (3)
0
0All other fees (4)
0
0Total fees
$8,400
$9,500  (1) Audit fees
consist of fees incurred for professional services rendered for the audit of our
financial statements, for reviews of our interim financial statements included
in our quarterly reports on Form 10-Q and for services that are normally
provided in connection with statutory or regulatory filings or engagements.  (2) Audit-related
fees consist of fees billed for professional services that are reasonably
related to the performance of the audit or review of our financial statements,
but are not reported under Audit fees.  (3) Tax fees consist
of fees billed for professional services relating to tax compliance, tax
planning, and tax advice.  (4) All other fees
consist of fees billed for all other services.  Audit Committees
Pre-Approval Practice.  We do
not have an audit committee.  Our board of directors performs the function
of an audit committee.  Section 10A(i) of the Securities Exchange Act of
1934, as amended, prohibits our auditors from performing audit services for us
as well as any services not considered to be audit services unless such services
are pre-approved by our audit committee or, in cases where no such committee
exists, by our board of directors (in lieu of an audit committee) or unless the
services meet certain de minimis standards.    PART
IV   ITEM
15. EXHIBITS
AND FINANCIAL STATEMENT SCHEDULES  Exhibits  The following
exhibits are included as part of this report:  Exhibit
No.

Description3.1

Articles of
Incorporation of Registrant (1)3.2

By-Laws of
Registrant (1)31.1

Rule
13(a)-14(a)/15(d)-14(a) Certification of Principal Executive and Financial
Officer


30


32.1

Rule 1350
Certification of Chief Executive and Financial
Officer  (1) Filed
with the Securities and Exchange Commission on May 30, 2008 as an exhibit,
numbered as indicated above, to the Registrants registration statement on the
Registrants Registration Statement on Form S-1 (file no. 333-151312), which
exhibit is incorporated herein by reference.


31


SIGNATURES   Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.  Date:
 April 15, 2010 THE
CONNECT CORP.   By/s/ Michelle Pannoni Name: Michelle
Pannoni Title: President,
Principal Accounting Officer   Pursuant to the requirements of the Securities Exchange Act of
1934, this report has been signed below by the following persons on behalf of
the registrant and in the capacities and on the dates indicated. Signature
Title
Date/s/
Michelle Pannoni
President,
Director
April 15,
2010Michelle
Pannoni/s/
Lyn DaSylva
Vice
President, Treasurer, Secretary, Director
April 15,
2010Dr.
Lyn DaSylva


32