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  **UNITED STATES SECURITIES AND EXCHANGE COMMISSION****Washington, D.C. 20549****Form 10-KSB****(MarkOne)**   þ **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934****For the fiscal year ended September 30, 2005**   o **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934****Forthe transition period from _________ to _________****Commission File Number: 000-32329****ALNILAM CORPORATION**(Exact name of Registrant as specified in charter)   NEVADA 91-2081398State or other jurisdiction of I.R.S. Employer I.D. No.incorporation or organization     4080 Paradise Road, Suite 15-168, Las Vegas, NV 89706(Address of principal executive offices) (Zip Code)Issuer’s telephone number, including area code: (702) 204-7792Securities registered pursuant to Section 12(b) of the Act: NoneSecurities registered pursuant to Section 12(g) of the Act: Common Stock, Par Value $.001Check whether the Issuer is not required to file reports pursuant to Section 13 or 15(d) of theExchange Act. oCheck whether the Issuer (1) has filed all reports required to be filed by section 13 or 15(d) ofthe Exchange Act during the past 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2) has been subject to such filing requirements for the past90 days. (1) Yes þ No o (2) Yes þ No oCheck if disclosure of delinquent filers in response to Item 405 of Regulation S-B is not containedin this form, and no disclosure will be contained, to the best of registrant’s knowledge, indefinitive proxy or information statements incorporated by reference in Part III of this Form10-KSB or any amendment to this Form 10-KSB. þIndicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of theExchange Act). þState issuer’s revenues for its most recent fiscal year: $ -0-State the aggregate market value of the voting stock held by non-affiliates of the Registrantcomputed by reference to the price at which the stock was sold, or the average bid and asked pricesof such stock, as of a specified date within the past 60 days: The aggregate market value of thevoting stock held by non-affiliates of the Registrant computed by using the closing sale price hasbeen indeterminable within the past 60 days as there has been no market for the stock.State the number of shares outstanding of each of the Issuer’s classes of common equity as of thelatest practicable date: At December 27, 2005, there were 500,000 shares of the Registrant’sCommon stock outstanding.Documents Incorporated by Reference: None  
 

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 PART I ITEM 1. DESCRIPTION OF BUSINESS ITEM 2. DESCRIPTION OF PROPERTY ITEM 3. LEGAL PROCEEDINGSITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS PART IIITEM 5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS ISSUER PURCHASES OF EQUITY SECURITIESITEM 6. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION ITEM 7. FINANCIAL STATEMENTS ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE ITEM 8A. CONTROLS AND PROCEDURES ITEM 8A. OTHER INFORMATION PART IIIITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE WITH SECTION 16(a) OF TH EXCHANGE ACTITEM 10. EXECUTIVE COMPENSATIONITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERSITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONSITEM 13. EXHIBITSITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES SIGNATURESExhibit 31.1Exhibit 31.2Exhibit 32

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PART IITEM 1. DESCRIPTION OF BUSINESSHistory and Organization     Alnilam Corporation (the “Company”) was incorporated under the laws of the State of Nevada onMay 10, 2000. The Company has conducted no activities since its inception except in connectionwith the filing of a registration statement on Form 10-SB on February 9, 2001. The registrationstatement became effective on April 10, 2001.     Effective March 21, 2005, the outstanding shares of common stock of the Company were reversesplit at the rate of one-for-two. At the time of the reverse split there were 1,000,000 sharesoutstanding which were reduced to 500,000 shares as a result of the reverse split. Unlessotherwise designated, the shares set forth in this report give effect to this reverse split.Proposed Business     The Company is seeking potential business acquisitions or opportunities to enter into in aneffort to commence business operations. The Company does not propose to restrict its search for abusiness opportunity to any particular industry or geographical area and may, therefore, engage inessentially anybusiness in any industry. The Company has unrestricted discretion in seeking andparticipating in a business opportunity.
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     The Company’s Board of Directors, which consists of a single individual, Jason Daggett, shallmake the initial determination whether to complete any such venture; however, the Board ofDirectors intends to submit final approval of any proposed transaction to the shareholders. Inconnection with such approval by the shareholders, the Company intends to provide disclosuredocumentation to its shareholders as required under Section 14 of the Securities Exchange Act of1934, and the rules and regulations promulgated thereunder.     The selection of a business opportunity in which to participate is complex and risky.Additionally, as the Company has only limited resources available to it, it may be difficult tofind good opportunities. There can be no assurance that the Company will be able to identify andacquire any business opportunity based on management’s business judgement.     The Company has not begun any negotiations with potential business ventures. Managementdecided to file its Registration Statement on a voluntary basis before seeking a business venture.Management believes that being a reporting company may increase the likelihood that existingbusiness ventures may be willing to negotiate with the Company. The Company also intends to seekquotation of its common stock on the OTC Bulletin Board following such an acquisition or mergertransaction. In order to have stock quoted on the OTC Bulletin Board, a company must be subject tothe reporting requirements of the 1934 Act, either by virtue of filing a registration statement onForm 10 or Form 10-SB, or by filing a registration statement under the 1933 Act. The Companyanticipates that it would voluntarily file periodic reports with the Securities and ExchangeCommission, in the event its obligation to file such reports is terminated under the SecuritiesExchange Act of 1934, if the common stock of the Company were quoted on the OTC Bulletin Board.     In connection with the application for quotation of the Company’s common stock on the OTCBulletin Board, management intends, following an acquisition of a business venture, to seek abroker-dealer to become the initial market maker for the Company’s common stock and to submit theapplication to the OTC Bulletin Board. There have been no preliminary discussions orunderstandings between the Company, or anyone acting on its behalf, and any market maker regardingsuch application or the participation of any such market maker in the future trading market for theCompany’s common stock. Management intends to contact broker-dealers who make markets in BulletinBoard companies until one agrees to make the application. There is no assurance that the Companywill be successful in locating such a broker-dealer, or that the application, if submitted, wouldbe approved. The Company does not intend to use outside consultants to obtain market makers. Inaddition, the Company does not intend to use any of its shareholders to obtain market makers.     Management intends to consider a number of factors prior to making any final decision as towhether to participate in any specific business endeavor, none of which may be determinative orprovide any assurance of success. These may include, but will not be limited to, an analysis ofthe quality of the entity’s management personnel; the anticipated acceptability of any new productsor marketingconcepts; the merit of technological changes; its present financial condition, projectedgrowth potential and available technical, financial and managerial resources; its working capital,history of operations and future prospects; the nature of its present and
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expected competition; thequality and experience of its management services and the depth of its management; its potentialfor further research, development or exploration; risk factors specifically related to its businessoperations; its potential for growth, expansion and profit; the perceived public recognition oracceptance of its products, services, trademarks and name identification; and numerous otherfactors which are difficult, if not impossible, to properly or accurately analyze, let alonedescribe or identify, without referring to specific objective criteria.     Regardless, the results of operations of any specific entity may not necessarily be indicativeof what may occur in the future, by reason of changing market strategies, plant or productexpansion, changes in product emphasis, future management personnel and changes in innumerableother factors. Further, in the case of a new business venture or one that is in a research anddevelopment stage, the risks will be substantial, and there will be no objective criteria toexamine the effectiveness or the abilities of its management or its business objectives. Also, afirm market for its products or services may yet need to be established, and with no past trackrecord, the profitability of any such entity will be unproven and cannot be predicted with anycertainty.     Management will attempt to meet personally with management and key personnel of the entitysponsoring any business opportunity afforded to the Company, visit and inspect material facilities,obtain independent analysis or verification of information provided and gathered, check referencesof management and key personnel and conduct other reasonably prudent measures calculated to ensurea reasonably thorough review of any particular business opportunity; however, due to timeconstraints of management, these activities may be limited.     The Company is unable to predict the time as to when and if it may actually participate in anyspecific business endeavor. The Company anticipates that proposed business ventures will be madeavailable to it through personal contacts of directors, executive officers and stockholders,professional advisors, broker dealers in securities, venture capital personnel, members of thefinancial community, attorneys, and others who may present unsolicited proposals. In certaincases, the Company may agree to pay a finder’s fee or to otherwise compensate the persons whosubmit a potential business endeavor in which the Company eventually participates. Such personsmay include the Company’s directors, executive officers, beneficial owners or their affiliates. Inthis event, such fees may become a factor in negotiations regarding a potential acquisition and,accordingly, may present a conflict of interest for such individuals.     The Company’s director and executive officers have not used particular consultants, advisorsor finders on a regular basis to locate potential business opportunities.     The possibility exists that the Company may acquire or merge with a business or company inwhich the Company’s executive officers, director, beneficial owners or their affiliates may have anownership interest. Current Company policy does not prohibit such transactions. Because no suchtransaction is currently contemplated, it is impossible to estimate the potential pecuniarybenefits to these persons.
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     Although it currently has no plans to do so, depending on the nature and extent of servicesrendered, the Company may compensate members of management in the future for services that they mayperform for the Company. Because the Company currently has extremely limited resources, and isunlikely to have any significant resources until it has completed a merger or acquisition,management expects that any such compensation would take the form of an issuance of the Company’sstock to these persons; this would have the effect of further diluting the holdings of theCompany’s other stockholders. However, due to the minimal amount of time devoted to management byany person other than the Company’s current sole director and the executive officers, there are nopreliminary agreements or understandings with respect to management compensation. Although it isnot prohibited by statute or its Articles of Incorporation, the Company has no plans to borrowfunds and use the proceeds to make payment to its management, promoters or affiliates.     Further, substantial fees are often paid in connection with the completion of these types ofacquisitions, reorganizations or mergers, ranging from a small amount to as much as $250,000.These fees are usually divided among promoters or founders, after deduction of legal, accountingand other related expenses, and it is not unusual for a portion of these fees to be paid to membersof management or to principal stockholders as consideration for their agreement to retire a portionof the shares of common stock owned by them. However, management does not presently anticipateactively negotiating or otherwise consenting to the purchase of all or any portion of its commonstock as a condition to, or in connection with, a proposed merger or acquisition. In the eventthat such fees are paid, they may become a factor in negotiations regarding any potentialacquisition by the Company and, accordingly, may present a conflict of interest for suchindividuals.     The activities of the Company are subject to several significant risks which arise primarilyas a result of the fact that the Company has no specific business and may acquire or participate ina business opportunity based on the decision of management, subject to the approval of theCompany’s shareholders. The risks faced by the Company are further increased as a result of itslack of resources and its inability to provide a prospective business opportunity with significantcapital.     The Company has had no employees since its inception and does not intend to employ anyone inthe future, unless its present business operations were to change. The Company is not payingsalaries or other forms of compensation to its present officers and director for his time andeffort. Unless otherwise agreed to by the Company, the Company does intend to reimburse itsofficers and directors for out-of-pocket expenses.ITEM 2. DESCRIPTION OF PROPERTY     The Company neither owns nor leases any office space, real property, or equipment.
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ITEM 3. LEGAL PROCEEDINGS     No legal proceedings are reportable pursuant to this item.ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS     No matters were submitted to a vote of shareholders of the Company during the fourth quarterof the fiscal year ended September 30, 2005.PART IIITEM 5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS ISSUER PURCHASES OF EQUITY SECURITIES     There is no established trading market for the common stock of the Company.     None of the common shares are subject to outstanding options or warrants, nor are there anyother outstanding securities convertible into shares of Common stock. Of the 1,000,000 outstandingcommon shares, all have been held for at least one year. The Company is aware that the staff ofthe Securities and Exchange Commission has taken the position that Rule 144 would not be availablefor shares issued at a time during which an issuer was a blank check issuer and that these sharescould only be resold through a registered offering. Management has determined that if suchposition were to apply to the shares issued in the organization of the Company, it would agree toregister, at no cost to the selling shareholders, the resale of such shares for these parties. TheCompany has expressly granted piggy-back registration rights to register 49,500 shares issued tocounsel for the Company. The Company has not proposed to publicly offer any shares of Commonstock.     At December 27, 2005, the Company had 27 shareholders of record. The Company has appointedInterwest Transfer Company, Inc., 1981 East 4800 South, Suite 100, Salt Lake City, UT 84117, to actas its transfer agent.     Since its inception, the Company has not paid any dividends on its common stock and theCompany does not anticipate that it will pay dividends in the foreseeable future.     The Company has not adopted any equity compensation plans.     During the year ended September 30, 2005, no securities were sold by the Company.
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ITEM 6. MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION     The Company has not commenced development of any business. Since its inception, the Companyhas had no operations. The Company was organized for the purpose of engaging in any lawfulactivity permitted under Nevada state law; however, the Company does not have any significant cashor other material assets, nor does it have an established source of revenues sufficient to coveroperating costs and to allow it to continue as a going concern. The Company intends to takeadvantage of any reasonable business proposal presented which management believes will provide theCompany and its stockholders with a viable business opportunity. The board of directors will makethe final approval in determining whether to complete any acquisition, but will submit the proposalto the shareholders for final approval.     The original shareholders contributed a total of $7,365 in cash and $2,635 in services ascapital contributions for stock of the Company. Rigel Funds Management, Ltd., an entity of whichEric C. Bronk, a shareholder of the Company, is a director, loaned $14,835 to the Company at itsinception for operating expenses. The Company has issued other promissory notes to Cygni Capital,LLC, an entity of which Mr. Bronk is a managing member. (See “Item 12. Certain Relationships andRelated Transactions.”) All of the notes payable are due and payable upon demand. The totalaccumulated interest to September 30, 2005, is $8,356. If the company is unable to find a suitablebusiness by the time the notes are called due, it is anticipated that the Company would try torenegotiate the term of the notes.     Management estimates that the cash requirements for the year ending September 30, 2006, willbe approximately $10,000, if no change in operations occurs during the year. Managementanticipates that these funds will be loaned to the Company on the same or similar terms as those ofprevious loans to the Company. There is no agreement with any of the companies and no assurancethat all or a portion of these funds will be loaned to the Company. If the Company is unable toborrow such funds, management will seek other sources of funding which are currently unknown tomanagement. There is no assurance that such funding would be available, or that if it is madeavailable, it could be obtained on terms favorable to the Company.     The investigation of specific business opportunities and the negotiation, drafting, andexecution of relevant agreements, disclosure documents, and other instruments will requiresubstantial management time and attention and will require the Company to incur costs for paymentof accountants, attorneys, and others. If a decision is made not to participate in or complete theacquisition of a specific business opportunity, the costs incurred in a related investigation willnot be recoverable. Further, even if an agreement is reached for the participation in a specificbusiness opportunity by way of investment or otherwise, the failure to consummate the particulartransaction may result in the loss to the Company of all related costs incurred.     Currently, management is not able to determine the time or resources that will be necessary tolocate and acquire or merge with a business prospect. There is no assurance that the Company willbe able to acquire an interest in any such prospects, products, or opportunities that may exist orthat any activity of the Company, regardless of the completion of any transaction,
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will be profitable. If and when the Company locates a business opportunity, management of theCompany will give consideration to the dollar amount of that entity’s profitable operations and theadequacy of its working capital in determining the terms and conditions under which the Companywould consummate such an acquisition. Potential business opportunities, no matter which form theymay take, will most likely result in substantial dilution for the Company’s shareholders due to thelikely issuance of stock to acquire such an opportunity.Off-Balance Sheet Arrangements     There are currently no off-balance sheet arrangements. Until the Company is able to locate apotential business for acquisition or business prospect to merge with, there will likely not be anyarrangements.     There is no assurance that the Company will be able to acquire an interest in any suchprospects, products, or opportunities that may exist or that any activity of the Company,regardless of the completion of any transaction, will be profitable. If and when the Companylocates a business opportunity, management of the Company will give consideration to the dollaramount of that entity’s profitable operations and the adequacy of its working capital indetermining the terms and conditions under which the Company would consummate such an acquisition.Potential business opportunities, no matter which form they may take, will most likely result insubstantial dilution for the Company’s shareholders due to the likely issuance of stock to acquiresuch an opportunity.ITEM 7. FINANCIAL STATEMENTS     The financial statements of the Company required by this item are set forth immediatelyfollowing the signature page of this annual report.ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE     No information is reportable pursuant to this item.ITEM 8A. CONTROLS AND PROCEDURESEvaluation of disclosure and controls and procedure     With the participation of management our chief executive officer and chief financial officerhave evaluated the effectiveness of the design and operation of our disclosure controls andprocedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934,as amended) as of the end of the period covered by this report. Based on that evaluation the chiefexecutive officer and chief financial officer have concluded that our disclosure controls andprocedures are designed to ensure that information required to be disclosed by us in the reportsthat we file or submit under the Exchange Act is recorded, processed, summarized and
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reported within the time periods specified in the SEC’s rules and forms, and are operating inan effective manner.Changes in Internal Controls     There were no changes in our internal control over financial reporting that have materiallyaffected, or are reasonably likely to materially affect, our internal control over financialreporting.     It should be noted that any system of controls, however well designed and operated, canprovide only reasonable and not absolute assurance that the objectives of the system will be met.In addition, the design of any control system is based in part upon certain assumptions about thelikelihood of future events. Because of these and other inherent limitations of control systems,there is only reasonable assurance that our controls will succeed in achieving their stated goalsunder all potential future conditions.ITEM 8A. OTHER INFORMATION     No response is required pursuant to this item.PART III     ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE WITH SECTION16(a) OF TH EXCHANGE ACT     The following table sets forth as of December 27, 2005, the name, age, and position of theexecutive officers and sole director of the Company and the term of office of such director:         Name Age Position(s) Director SinceJason Daggett  32  Director, President & Treasurer May 2000Lynn Carlson  51  Vice-President & Secretary —     Directors are elected for a term of one year and until their successors are elected andqualified. Annual meetings of the stockholders, for the selection of directors to succeed thosewhose terms expire, are to be held at such time each year as designated by the Board of Directors.The Board of Directors has not selected a date for the next annual meeting of shareholders.Officers of the Company are elected by the Board of Directors, which is required to consider thatsubject at its first meeting after every annual meeting of stockholders. Each officer holds hisoffice until his successor is elected and qualified or until his earlier resignation or removal.     Set forth below is certain biographical information regarding the Company’s current executiveofficers and sole director:
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     JASON DAGGETT has been the president and treasurer of the Company since its inception in May2000. He has been the president of THE LIQUID GROUP, INC. (formerly BDR Showalter), a financialservices company in Las Vegas, Nevada, since 1999. Since 1999 he has also been the President ofMonico Capital Partners, LLC, a financial services company located in Los Angeles, California.Monico Capital addresses the financial needs of high net worth individuals and small institutionswith a focus in the areas of early stage funding, mergers and acquisitions. Monico Capital is 50%owned by Cygni Capital LLC. Mr. Daggett received his Bachelor of Science degree in psychology fromMercyhurst College in 1994, and received his Masters Degree in Clinical Psychology from PepperdineUniversity in 1996.     LYNN CARLSON has been the secretary and vice-president of the Company since its inception inMay 2000. She has worked for Cygni Capital LLC, an investor and corporate relations firm, sinceNovember 1998 as an administrative assistant and account executive.     Management devotes only nominal time to the activities of the Company. If the Company is ableto locate a suitable new business venture, it is anticipated that Mr. Daggett will devotesubstantially all of his time to completing the acquisition.     There are no other employees who are expected to make a significant contribution to thebusiness and there are no intentions to employ anyone until business operations change.     There are no family relationships between any of the officers and the director or personsnominated to become directors or executive officers.     None of the officers, the director, persons nominated to become a director, any promoters orcontrol persons of the Company have, within the last five years, been involved in events materialto an evaluation of their ability or integrity.     The entire board of directors of the Company is currently acting as the audit committee.There is no financial expert currently on the audit committee as there is no current activity inthe Company.     There are no established procedures for security holders to recommend nominees for the boardof directors.     Other Public Shell Activities     Mr. Daggett has not been involved as a director or executive officer of other companies thatmay be deemed to be “blank check” companies or shell companies, and has not been involved in anyblank check public offerings.
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Code of Ethics     The Company has not adopted a code of ethics that applies to the Company’s principal executiveofficer, principal financial officer, principal accounting officer or controller, or personsperforming similar functions, because it has not commenced development of its business.ITEM 10. EXECUTIVE COMPENSATION     There has been no compensation awarded to, earned by, or paid to any of the executive officersof the Company during the fiscal years ended September 30, 2005, 2004, or 2003.     The Company has no employment or compensation agreements or arrangements with either of itsofficers.     Directors are permitted to receive fixed fees and other compensation for their services asdirectors, as determined by the Board of Directors. The Board of Directors has not adopted anypolicy in regard to the payment of fees or other compensation to directors, and no fees orcompensation have been paid to, or accrued by, the present director.ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS     The following table sets forth certain information furnished by current management concerningthe ownership of common stock of the Company as of December 27, 2005, of (i) each person who isknown to the Company to be the beneficial owner of more than 5 percent of the Common stock; (ii)all directors and executive officers; and (iii) directors and executive officers of the Company asa group:           Amount and Nature  Name and Address of Beneficial  of Beneficial Owner Ownership (1) Percent of Class Jason Daggett  10,000   2.0%3857 Birch St., #606        Newport Beach, CA 92660                 Lynn Carlson  7,500   1.5%3857 Birch St., #606        Newport Beach, CA 92660                 Executive Officers and  17,500   3.5%Directors as a Group        (2 Persons)        
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           Amount and Nature  Name and Address of Beneficial  of Beneficial Owner Ownership (1) Percent of Class Eric C. Bronk  59,750(2)  12.0%3857 Birch St., #606        Newport Beach, CA 92660                 Rigel Funds Management Ltd.  49,750   10.0%Cumberland House        No. 27 Cumberland Street        P.O. Box N-10818        Nassau, The Bahamas                 Fleming Securities  47,500   9.5%Suites 1601-1603        Hollywood Rd.        Hong Kong                 Baldwin Investments Ltd.  44,750   8.95%99-101 Regent St.        First Floor        London W1R 7HB UK                 Carl T. Suter  39,750   7.95%3857 Birch St., #606        Newport Beach, CA 92660         (1) Unless otherwise indicated, this column reflects amounts as to which the beneficial ownerhas sole voting power and sole investment power.(2) Of the shares beneficially owned by Mr. Bronk, 10,000 are owned directly by Suter GCTrust, a trust for which Mr. Bronk is the trustee. While Mr. Bronk disclaims any pecuniaryinterest in these shares, he is deemed to share beneficial ownership of such shares with thisentity.     The Company is seeking potential business acquisitions or opportunities. (See “Item 1.Description of Business.”) It is likely that such a transaction would result in a change ofcontrol of the Company, by virtue of issuing a controlling number of shares in the transaction,change of management, or otherwise.     The Company has not adopted any equity compensation plans.
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ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS     In connection with the organization of the Company in May 2000, Jason Daggett, an officer,sole director and a founder of the Company, received 10,000 shares for services rendered by to theCompany. Mr. Daggett provided consulting services in connection with the organization of theCompany, which services were valued at $200.     In connection with the organization of the Company in May 2000, Lynn Carlson, an officer ofthe Company, received 7,500 shares for services rendered by to the Company. Ms. Carlson providedsecretarial services in connection with the organization of the Company, which services were valuedat $150.     In connection with the organization of the Company in May 2000, Eric C. Bronk, a shareholderand founder of the Company, received 49,750 shares for services rendered by to the Company. Mr.Bronk provided consulting services in connection with the organization of the Company, whichservices were valued at $995.     On September 1, 2000, Rigel Funds Management, Ltd., a corporation of which Mr. Bronk, ashareholder of the Company, is a director, loaned $14,835 to the Company. The promissory notebears 10% interest per annum and was originally due on or before September 1, 2001. The note hasbeen extended to be due and payable upon demand.     On December 31, 2002, a promissory note in the amount of $1,951 was issued to Cygni CapitalLLC, a limited liability company of which Mr. Daggett is a member, for monies loaned to theCompany. The promissory note bears 10% interest per annum and is due and payable upon demand.     On December 31, 2003, a promissory note in the amount of $1,068 was issued to Cygni CapitalLLC, a limited liability company of which Mr. Daggett is a member, for monies loaned to theCompany. The promissory note bears 10% interest per annum and is due and payable upon demand.     On March 31, 2004, a promissory note in the amount of $500 was issued to Cygni Capital LLC, alimited liability company of which Mr. Daggett is a member, for monies loaned to the Company. Thepromissory note bears 10% interest per annum and is due and payable upon demand.     On June 30, 2004, a promissory note in the amount of $484 was issued to Cygni Capital LLC, alimited liability company of which Mr. Daggett is a member, for monies loaned to the Company. Thepromissory note bears 10% interest per annum and is due and payable upon demand.     On September 30, 2004, a promissory note in the amount of $1,722 was issued to Cygni CapitalLLC, a limited liability company of which Mr. Daggett is a member, for monies loaned to
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the Company. The promissory note bears 10% interest per annum and is due and payable upondemand.ITEM 13. EXHIBITS     The following exhibits are included as part of this report:       Exhibit No. Description of Exhibit Location3.1 Articles of Incorporation filed May 10, 2000  (1)       3.2 Current Bylaws  (1)       4.1 Form of Common Stock Certificate  (1)       10.1 Extension of Promissory Note dated September 1, 2002  (2)       10.2 Promissory Note dated December 31, 2002  (3)       10.3 Promissory Note dated December 31, 2003  (3)       10.4 Promissory Note dated March 31, 2004  (3)       10.5 Promissory Note dated June 30, 2004  (3)       10.6 Promissory Note dated September 30, 2004  (4)       31.1 Certification of the Principal Executive Officerpursuant to Rule 13(a)-14 Attached       31.2 Certification of the Principal Financial Officerpursuant to Rule 13(a)-14 Attached       32 Certification of the Principal Executive and FinancialOfficer pursuant to Section 1350 Attached (1) Incorporated by reference from the Company’s registration statement on Form 10-SB filedwith the Securities and Exchange Commission on February 9, 2001, File No. 000-32329. (2) Incorporated by reference from our annual report on Form 10-KSB for the year endedSeptember 30, 2002, filed with the Securities and Exchange Commission on January 15, 2003, File No.000-32329. (3) Incorporated by reference from our quarterly report on Form 10-QSB for the quarter endedJune 30, 2004, filed with the Securities and Exchange Commission on August 16, 2004, File No.000-32329. (4) Incorporated by reference from our annual report on Form 10-KSB for the year endedSeptember 30, 2004, filed with the Securities and Exchange Commission on December 23, 2004, FileNo. 000-32329.
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ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICESAudit Fees     The aggregate fees billed for professional services rendered by our principal accountant forthe audit of our annual financial statements, review of financial statements included in ourquarterly reports and other fees that are normally provided by the accountant in connection withstatutory and regulatory filings or engagements for the fiscal years ended September 30, 2005 and2004 were $4,800 and $4,300, respectively.Audit-Related Fees     The aggregate fees billed for assurance and related services by our principal accountant thatare reasonably related to the performance of the audit or review of our financial statements, otherthan those previously reported in this Item 14, for the fiscal years ended September 30, 2005 and2004 were $-0- and $-0-, respectively.Tax Fees     The aggregate fees billed for professional services rendered by our principal accountant fortax compliance, tax advice and tax planning for the fiscal years ended September 30, 2005 and 2004were $342 and $250, respectively. These fees related to the preparation of federal income andstate franchise tax returns.All Other Fees     There were no other fees billed for products or services provided by the principal accountant,other than those previously reported in this Item 14, for the fiscal years ended September 30, 2005and 2004.Audit Committee     The Company’s Board of Directors functions as its audit committee. All of the servicesdescribed above in this Item 14 for the year ended September 31, 2005, were approved by the Boardof Directors.
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SIGNATURES     In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this reportto be signed on its behalf by the undersigned, thereunto duly authorized.      Alnilam Corporation