UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 10-Q



xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For the quarterly period ended: June
30, 2012



OR



£ TRANSITION REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For the transition period from __________
to __________



Commission File No. 000-53161



WILD CRAZE, INC.

(Exact name of registrant
as specified in its charter)



|Nevada                                         |  | 37-1458557                       
|---------------------------------------------- |  | ---------------------------------
|(State or other jurisdiction of incorporation) |  | (IRS Employer Identification No.)



1559 East 38TH Street

Brooklyn, New York 11234

(Address of principal executive offices)



(855) 639-9453

(Registrant’s telephone number, including
area code)



WIRED ASSOCIATES SOLUTIONS, INC.

(Former name, former address and former
fiscal year, if changed since last report)



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange
Act of 1934 during the past 12 months, and (2) has been subject to such filing requirements for the past 90 days. YesxNo ̈



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, 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. YesxNo ̈



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, or a non-accelerated filer, or a smaller reporting company. See the definitions
of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2
of the Exchange Act:



|Large accelerated filer | £ |  | Accelerated filer         | £
|----------------------- | - |  | ------------------------- | -
|                        |   |  |                           |  
|Non-accelerated filer   | £ |  | Smaller reporting company | S



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ̈Nox



As
of August 10, 2012, there were 26,123,760 shares outstanding of the registrant’s common stock.











TABLE OF CONTENTS



|PART I – FINANCIAL INFORMATION
|------------------------------
|                              
|Item 1.                       
|                              
|Item 2.                       
|                              
|Item 3.                       
|                              
|Item 4.                       
|                              
|PART II – OTHER INFORMATION   
|                              
|Item 1.                       
|                              
|Item 1A.                      
|                              
|Item 2.                       
|                              
|Item 3.                       
|                              
|Item 4.                       
|                              
|Item 5.                       
|                              
|Item 6.                       
|                              
|Signatures                    



2







PART I – FINANCIAL INFORMATION



Item 1. Financial Statements.





WILD CRAZE, INC.

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(A DEVELOPMENT STAGE COMPANY)

FEBRUARY 14, 2003 (INCEPTION) TO JUNE
30, 2012





3







CONTENTS





|                                                                                                                                                                            | Page(s)
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------
|                                                                                                                                                                            |        
|Condensed Consolidated Balance Sheets as of June 30, 2012 and December 31, 2011                                                                                             | 5      
|                                                                                                                                                                            |        
|Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2012 and 2011 and for the Period February 14, 2003 (Inception) to June 30, 2012 | 6      
|                                                                                                                                                                            |        
|Condensed Consolidated Statement of Changes in Stockholders’ Equity (Deficit) for the Period February 14, 2003 (Inception) to June 30, 2012                                 | 7      
|                                                                                                                                                                            |        
|Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2012 and 2011 and for the Period February 14, 2003 (Inception) to June 30, 2012           | 8      
|                                                                                                                                                                            |        
|Notes to Condensed Consolidated Financial Statements                                                                                                                        | 9-18   









4









Wild Craze, Inc.

(A Development Stage Company)

Condensed Consolidated Balance Sheets



|                                                                                                                                      |  | June 30, 2012 |          |   | December 31, 2011 |  
|------------------------------------------------------------------------------------------------------------------------------------- |  | ------------- | -------- | - | ----------------- | -
|                                                                                                                                      |  | (unaudited)   |          |   |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Assets                                                                                                                                |  |               |          |   |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Current Assets                                                                                                                        |  |               |          |   |                   |  
|Cash                                                                                                                                  |  | $             | 1,021    |   |                   | $
|Inventory                                                                                                                             |  |               | 299      |   |                   |  
|Prepaid expenses                                                                                                                      |  |               | 10,000   |   |                   |  
|Total Current Assets                                                                                                                  |  |               | 11,320   |   |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Total Assets                                                                                                                          |  | $             | 11,320   |   |                   | $
|                                                                                                                                      |  |               |          |   |                   |  
|Liabilities and Stockholders' Deficit                                                                                                 |  |               |          |   |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Current Liabilities:                                                                                                                  |  |               |          |   |                   |  
|Accounts payable and accrued liabilites                                                                                               |  | $             | 131,371  |   |                   | $
|Liability to be settled in stock                                                                                                      |  |               | 8,010    |   |                   |  
|Loans payable - related parties                                                                                                       |  |               | 2,500    |   |                   |  
|Convertible notes payable -related party                                                                                              |  |               | 152,259  |   |                   |  
|Total Current Liabilities                                                                                                             |  |               | 294,140  |   |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Total Liabilities                                                                                                                     |  |               | 294,140  |   |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Stockholders' Deficit                                                                                                                 |  |               |          |   |                   |  
|Preferred stock, $0.001 par value; 50,000,000 shares authorized; none issued or outstanding                                           |  |               | -        |   |                   |  
|Common stock, $0.001 par value; 500,000,000 shares authorized;  26,123,760 and 26,123,760 shares issued and outstanding, respectively |  |               | 26,124   |   |                   |  
|Additional paid in capital                                                                                                            |  |               | 66,681   |   |                   |  
|Deficit accumulated during the development stage                                                                                      |  |               | (375,625 | ) |                   |  
|Total Stockholders' Deficit                                                                                                           |  |               | (282,820 | ) |                   |  
|                                                                                                                                      |  |               |          |   |                   |  
|Total Liabilities and Stockholders' Deficit                                                                                           |  | $             | 11,320   |   |                   | $



See accompanying notes to financial statements



5







Wild Craze, Inc.

(A Development Stage Company)

Condensed Consolidated Statements of
Operations

(unaudited)



|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  | February 14, 2003 |           
|------------------------------------------------------------------------------- |  | --------------------------- | ---------- | - | ------------------------- | - | ---------- | -------- |  | - | ---------- | - |  | ----------------- | ----------
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  | (inception)       |           
|                                                                                |  |                             |            |   |                           |   |            |          |  |   | through    |  
|                                                                                |  | Three Months Ended June 30, |            |   | Six Months Ended June 30, |   |            | June 30, | 
|                                                                                |  | 2012                        |            |   | 2011                      |   |            | 2012     |  |   | 2011       |   |  | 2012              |           
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Sales                                                                           |  | $                           | -          |   |                           | $ | -          |          |  | $ | 2          |   |  | $                 | -         
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Cost of sales                                                                   |  |                             | -          |   |                           |   | -          |          |  |   | 1          |   |  |                   |           
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Gross Profit                                                                    |  |                             | -          |   |                           |   | -          |          |  |   | 1          |   |  |                   | -         
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|General and administrative expenses                                             |  |                             | 94,768     |   |                           |   | 1,820      |          |  |   | 165,279    |   |  |                   | 7,270     
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Loss from operations                                                            |  |                             | (94,768    | ) |                           |   | (1,820     | )        |  |   | (165,278   | ) |  |                   | (7,270    
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Other (income) expense:                                                         |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Interest expense - other                                                        |  |                             | 4,543      |   |                           |   | -          |          |  |   | 7,463      |   |  |                   | -         
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Total other (income) expense                                                    |  |                             | 4,543      |   |                           |   | -          |          |  |   | 7,463      |   |  |                   | -         
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Net loss                                                                        |  | $                           | (99,311    | ) |                           | $ | (1,820     | )        |  | $ | (172,741   | ) |  | $                 | (7,270    
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Net loss per common share  - basic and diluted                                  |  | $                           | (0.00      | ) |                           | $ | (0.00      | )        |  | $ | (0.01      | ) |  | $                 | (0.00     
|                                                                                |  |                             |            |   |                           |   |            |          |  |   |            |   |  |                   |           
|Weighted average common shares outstandingduring the period - basic and diluted |  |                             | 26,123,760 |   |                           |   | 25,350,000 |          |  |   | 26,123,760 |   |  |                   | 25,350,000



See accompanying
notes to financial statements



6









Wild Craze, Inc.

(A Development Stage Company)

Condensed Consolidated Statement of Changes
in Stockholders' Equity (Deficit)

For the Period from February 14, 2003
(Inception) to June 30, 2012

(unaudited)



|                                                                 |  |              |            |  |        |   |        |                                |  |   | Deficit Accumulated   |   |  |                                    |         
|---------------------------------------------------------------- |  | ------------ | ---------- |  | ------ | - | ------ | ------------------------------ |  | - | --------------------- | - |  | ---------------------------------- | --------
|                                                                 |  | Common Stock |            |  |        |   |        | during the                     |  |   |                       |  
|                                                                 |  | Shares       |            |  | Amount |   |        | Additional
    Paid-In Capital |  |   | Development
    Stage |   |  | Stockholders'
    Equity (Deficit) |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, February 14,
    2003                                   |  |              | -          |  |        | $ | -      |                                |  | $ | -                     |   |  | $                                  | -       
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Stock issued
    for cash February, 2003 @ $0.0025 per share     |  |              | 13,000,000 |  |        |   | 13,000 |                                |  |   | (10,500               | ) |  |                                    |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Stock issued for cash
    June, 2003 @ $0.05 per share           |  |              | 9,100,000  |  |        |   | 9,100  |                                |  |   | 25,900                |   |  |                                    |         
|Less share issue costs                                           |  |              |            |  |        |   |        |                                |  |   | (1,000                | ) |  |                                    |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2003                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (4,597  
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2003                                    |  |              | 22,100,000 |  |        |   | 22,100 |                                |  |   | 14,400                |   |  |                                    | (4,597  
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2004                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (22,399 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2004                                    |  |              | 22,100,000 |  |        |   | 22,100 |                                |  |   | 14,400                |   |  |                                    | (26,996 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2005                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (16,897 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2005                                    |  |              | 22,100,000 |  |        |   | 22,100 |                                |  |   | 14,400                |   |  |                                    | (43,893 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2006                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (9,171  
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2006                                    |  |              | 22,100,000 |  |        |   | 22,100 |                                |  |   | 14,400                |   |  |                                    | (53,064 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Stock issued for cash
    March and June, 2007 @ $0.10 per share |  |              | 1,950,000  |  |        |   | 1,950  |                                |  |   | 13,050                |   |  |                                    |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2007                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (10,869 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2007                                    |  |              | 24,050,000 |  |        |   | 24,050 |                                |  |   | 27,450                |   |  |                                    | (63,933 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Stock issued for cash
    January, 2008 @ $0.10 per share        |  |              | 1,300,000  |  |        |   | 1,300  |                                |  |   | 18,700                |   |  |                                    |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2008                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (25,895 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2008                                    |  |              | 25,350,000 |  |        |   | 25,350 |                                |  |   | 46,150                |   |  |                                    | (89,828 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2009                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (6,592  
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2009                                    |  |              | 25,350,000 |  |        |   | 25,350 |                                |  |   | 46,150                |   |  |                                    | (96,420 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2010                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (9,651  
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2010                                    |  |              | 25,350,000 |  |        |   | 25,350 |                                |  |   | 46,150                |   |  |                                    | (106,071
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, October 31,
    2011                                   |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (11,830 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, October 31,
    2011                                    |  |              | 25,350,000 |  |        |   | 25,350 |                                |  |   | 46,150                |   |  |                                    | (117,900
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Stock issued in asset
    acquisition                            |  |              | 773,760    |  |        |   | 774    |                                |  |   | (16,518               | ) |  |                                    |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Related party loan forgiven                                      |  |              |            |  |        |   |        |                                |  |   | 37,049                |   |  |                                    |         
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, December
    31, 2011                                  |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (84,984 
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance, December 31,
    2011                                   |  |              | 26,123,760 |  |        |   | 26,124 |                                |  |   | 66,681                |   |  |                                    | (202,884
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Net loss, six months
    ended June 30, 2012                     |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    | (172,741
|                                                                 |  |              |            |  |        |   |        |                                |  |   |                       |   |  |                                    |         
|Balance,
    June 30, 2012                                       |  |              | 26,123,760 |  |        | $ | 26,124 |                                |  | $ | 66,681                |   |  | $                                  | (375,625









See accompanying notes to financial statements



7









Wild Craze, Inc.

Condensed Consolidated Statements of
Cash Flows

(unaudited)



|                                                                           |  |                           |          |   | February 14, 2003 |  
|-------------------------------------------------------------------------- |  | ------------------------- | -------- | - | ----------------- | -
|                                                                           |  |                           |          |   |                   |  
|                                                                           |  |                           |          |   |                   |  
|                                                                           |  | Six Months Ended June 30, |          |   | June 30,          |  
|                                                                           |  | 2012                      |          |   | 2011              |  
|Cash Flows From Operating Activities:                                      |  |                           |          |   |                   |  
|Net loss                                                                   |  | $                         | (172,741 | ) |                   | $
|Adjustments to reconcile net loss to net cash used in operating activities |  |                           |          |   |                   |  
|Changes in operating assets and liabilities:                               |  |                           |          |   |                   |  
|(Increase) decrease in:                                                    |  |                           |          |   |                   |  
|Inventory                                                                  |  |                           | (299     | ) |                   |  
|Increase (decrease) in:                                                    |  |                           |          |   |                   |  
|Accounts payable and accrued liabilities                                   |  |                           | 39,211   |   |                   |  
|Net Cash Used In Operating Activities                                      |  |                           | (133,829 | ) |                   |  
|                                                                           |  |                           |          |   |                   |  
|Cash Flows From Investing Activities:                                      |  |                           |          |   |                   |  
|Related party loans repaid                                                 |  |                           | 30,525   |   |                   |  
|Cash acquired through acquisition of SnapTagz, LLC                         |  |                           | -        |   |                   |  
|Net Cash Provided by Investing Activities                                  |  |                           | 30,525   |   |                   |  
|                                                                           |  |                           |          |   |                   |  
|Cash Flows From Financing Activities:                                      |  |                           |          |   |                   |  
|Proceeds from related party loans                                          |  |                           | 3,259    |   |                   |  
|Proceeds from convertible notes - related party                            |  |                           | 146,759  |   |                   |  
|Repayment of related party loans                                           |  |                           | (46,759  | ) |                   |  
|Issuance of common stock                                                   |  |                           | -        |   |                   |  
|Net Cash Provided By Financing Activities                                  |  |                           | 103,259  |   |                   |  
|                                                                           |  |                           |          |   |                   |  
|Net change  in cash                                                        |  |                           | (45      | ) |                   |  
|                                                                           |  |                           |          |   |                   |  
|Cash at beginning of period                                                |  |                           | 1,066    |   |                   |  
|                                                                           |  |                           |          |   |                   |  
|Cash at end of period                                                      |  | $                         | 1,021    |   |                   | $
|                                                                           |  |                           |          |   |                   |  
|Supplemental disclosures of cash flow information:                         |  |                           |          |   |                   |  
|Cash paid for interest                                                     |  | $                         | -        |   |                   | $
|Cash paid for taxes                                                        |  | $                         | -        |   |                   | $
|                                                                           |  |                           |          |   |                   |  
|Supplemental disclosure of non-cash investing and financing activities:    |  |                           |          |   |                   |  
|                                                                           |  |                           |          |   |                   |  
|Related party loan payable converted into related party convertible note   |  | $                         | 5,500    |   |                   | $
|Related party loan forgiven                                                |  | $                         | -        |   |                   | $
|Assets acquired and liabilities assumed through share exchange as follows: |  |                           |          |   |                   |  
|Prepaid expenses                                                           |  | $                         | -        |   |                   | $
|Accounts payable and accrued expenses                                      |  | $                         | -        |   |                   | $
|Other liabilities                                                          |  | $                         | -        |   |                   | $
|Common stock                                                               |  | $                         | -        |   |                   | $
|Additional paid in capital                                                 |  | $                         | -        |   |                   | $





See accompanying notes to financial statements





8







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Note
1Nature of Operations



Business



Wild Craze, Inc. (formerly known as Wired Associates Solutions,
Inc.) (the “Company”) (a development stage company) was incorporated under the laws of the State of Nevada on February
14, 2003. The Company was originally formed as a multimedia/marketing company that specializes in the design and creation of effective
marketing products and services, primarily internet based.



In December 2011, the Company ceased to
engage in the multimedia and marketing industry and acquired the business of SnapTagz, LLC to engage in the production, distribution
and marketing of fabric accessories.



Name Change



On May 1, 2012, the Company filed a Certificate
of Amendment to its Articles of Incorporation to change its name to Wild Craze, Inc.



Change in Fiscal Year End



On March 13, 2012, the Board of
Directors of the Company approved a change in the fiscal year end from October 31, to December 31. The change became
effective at the end of the two months ended December 31, 2011. All references to “years”, unless otherwise noted,
refer to the twelve-month fiscal year, which prior to November 1, 2011, ended on October 31, and beginning with December 31,
2011, ends on December 31, of each year.



Note
2 Summary of Significant Accounting Policies



Basis of Presentation



The accompanying unaudited interim condensed consolidated financial
statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the
rules and regulations of the United States Securities and Exchange Commission for interim financial information.



The financial information as of December 31, 2011 is derived
from the audited financial statements presented in the Company’s Transitional Report on Form 10-KT for the two months ended December
31, 2011 and years ended October 31, 2011 and 2010. The unaudited interim condensed consolidated financial statements should be
read in conjunction with the Company’s Transitional Report on Form 10-KT, which contains the audited financial statements and notes
thereto, together with the Management’s Discussion and Analysis, for the two months ended December 31, 2011 and years ended
October 31, 2011 and 2010.



9







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Certain information or footnote disclosures normally included
in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have
been omitted, pursuant to the rules and regulations of the Securities and Exchange Commission for interim financial reporting.
Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position,
results of operations, or cash flows. It is management's opinion, however, that all material adjustments (consisting of normal
recurring adjustments) have been made which are necessary for a fair financial statement presentation. The interim results for
the three and six months ended June 30, 2012 are not necessarily indicative of results for the full fiscal year.



Principles of Consolidation



All significant intercompany accounts and
transactions have been eliminated in consolidation.



Development Stage Company



The Company's condensed consolidated financial
statements are presented as those of a development stage enterprise. Activities during the development stage primarily include
equity based financing and further implementation of the business plan, including research and development.



Use of Estimates



The preparation of condensed consolidated
financial statements in conformity with U.S. generally accepted accounting principles requires
management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements
and accompanying notes.



Making estimates requires management to
exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or
set of circumstances that existed at the date of the condensed consolidated financial statements, which management considered in
formulating its estimate could change in the near term due to one or more future confirming events. Accordingly, the actual results
could differ significantly from estimates.



Risks and Uncertainties



The Company's condensed consolidated operations
are subject to significant risk and uncertainties including financial, operational, technological, and regulatory risks including
the potential risk of business failure. See Note 3 regarding going concern matters.



10







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Cash



The Company considers all highly liquid
instruments purchased with a maturity of three months or less to be cash equivalents. The Company held no cash equivalents at June
30, 2012 and December 31, 2011.



The Company minimizes its credit risk associated
with cash by periodically evaluating the credit quality of its primary financial institution. The balance at times may exceed federally
insured limits. At June 30, 2012 and December 31, 2011, no cash balances exceeded the federally insured limit.



Inventories



Inventories are stated at the lower of cost or market using
the first-in, first-out (FIFO) valuation method.



Debt Issue Costs and Debt Discount



These items are amortized over the life
of the debt to interest expense. If a conversion, extinguishment or repayment of the underlying debt occurs, a proportionate share
of these amounts is immediately expensed.



Fair Value of Financial Instruments



The Company follows ASC 820-10 of the FASB Accounting Standards
Codification to measure the fair value of its financial instruments and disclosures about fair value of its financial instruments.
ASC 820-10 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of
America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value
measurements and related disclosures, ASC 820-10 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques
used to measure fair value into three (3) broad levels. The three (3) levels of fair value hierarchy defined by ASC 820-10 are
described below:



|Level 1 |  | Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.                                             
|------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------
|        |  |                                                                                                                                                            
|Level 2 |  | Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
|        |  |                                                                                                                                                            
|Level 3 |  | Pricing inputs that are generally unobservable inputs and not corroborated by market data.                                                                 



Financial assets are considered Level 3
when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least
one significant model assumption or input is unobservable.



11







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012





The fair value hierarchy gives the highest
priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable
inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the
categorization is based on the lowest level input that is significant to the fair value measurement of the instrument.



The carrying amounts of the Company’s
financial assets and liabilities, such as cash, prepaid expenses and other current assets, accounts payable and accrued liabilities
approximate their fair values because of the short maturity of these instruments.



The Company’s convertible note payable
approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available
to the Company for similar financial arrangements at June 30, 2012.



Transactions involving related parties
cannot be presumed to be carried out on an arm's-length basis, as the requisite conditions of competitive, free-market dealings
may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions
were consummated on terms equivalent to those that prevail in arm's-length transactions unless such representations can be substantiated.



It is not, however, practical to determine
the fair value of advances from stockholders due to their related party nature.



Research and Development



Research and development is expensed as
incurred. There was no such expense for the period February 14, 2003 (inception) to June 30, 2012.



Share-Based Payments



Generally, all forms of share-based payments, including stock
option grants, warrants, restricted stock grants and stock appreciation rights are measured at their fair value on the awards’
grant date, based on the estimated number of awards that are ultimately expected to vest. Share-based compensation awards issued
to non-employees for services rendered are recorded at either the fair value of the services rendered or the fair value of the
share-based payment, whichever is more readily determinable. The expense resulting from share-based payments is recorded as general
and administrative expense. During the six months ended June 30, 2012, the Company accrued a liability relating to 140,000 shares
of common stock to be issued to attorneys and consultants, for services rendered, at a fair value of $1,994 ($0.014/share), based
upon a third party valuation of the Company.



12







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Income Taxes



Income taxes are provided in accordance with ASC No. 740, Accounting
for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting
and net operating loss carryforwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax
assets and liabilities.



Deferred tax assets are reduced by a valuation allowance when,
in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized.
Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.



Revenue



The Company records revenue when the product has shipped and
title has passed to the buyer which occurs when all goods and services have been performed and delivered, the amounts are readily
determinable, and collection is reasonably assured. The Company currently is in the development stage and has only generated $11,414
in revenue since its inception.



Advertising



The Company expenses advertising when incurred. There has been
no advertising since inception.



Basic Earnings per Share



ASC No. 260, “Earnings Per Share”, specifies the
computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock.
The Company has adopted the provisions of ASC No. 260.



Basic net loss per share amounts is computed by dividing the
net loss by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings
per share due to the lack of dilutive items in the Company.



Recent Accounting Pronouncements



There are no recent accounting pronouncements
that are expected to have an effect on our consolidated financial statements.



Note 3 Going Concern



As reflected in the accompanying consolidated
financial statements, the Company has a net loss and net cash used in operations of $172,741 and
$133,829, respectively, for the six months ended June 30, 2012 and an accumulated net loss during the development stage
totaling $375,625. The Company currently is in the development stage and has only generated
$11,414 in revenue since its inception.



13







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



The ability of the Company to continue
its operations is dependent on management's plans, which include the raising of capital through debt and/or equity markets with
some additional funding from other traditional financing sources, including term notes, until such time that funds provided by
operations are sufficient to fund working capital requirements. The Company may need to incur additional liabilities with certain
related parties to sustain the Company’s existence.



The Company will require additional funding
to finance the growth of its current and expected future operations as well as to achieve its strategic objectives. The Company
believes its current available cash along with anticipated revenues may be insufficient to meet its cash needs for the near future.
There can be no assurance that financing will be available in amounts or terms acceptable to the Company, if at all.



The accompanying consolidated financial
statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities
in the normal course of business. These consolidated financial statements do not include any adjustments relating to the recovery
of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue
as a going concern.



Note 4 Convertible Note Payable-Related
Party



On January 23, 2012, the Company issued
a senior secured convertible promissory note in the principal amount of $102,259 (the “Note”) in favor of Omega Global
Enterprises, LLC, a Delaware limited liability company (“Omega”). The Note is due on demand and bears interest at a
rate of twelve percent (12%) per annum. The Note is convertible into shares of the Company’s common stock at a price equal
to the average of the immediately preceding three volume weighted average prices prior to receipt by the Company of a notice of
conversion delivered by the holder. The Note may be prepaid in whole or in part at the Company’s option without penalty.
Further, the Note grants to Omega a continuing, first priority security interest in all of the Company’s assets, wheresoever
located and whether now existing or hereafter arising or acquired.



On February 24, 2012, Omega advanced the
Company $50,000 and on March 2, 2012, the Note was amended and the principal was increased to $152,259.



As of June 30, 2012, accrued and unpaid
interest under the Note was $7,463.



14







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Related party convertible notes payable consisted of the following
at June 30, 2012 and December 31, 2011:



|                                                                                                                                                                                                                                 |  | June 30, 2012 |         |  | December 31, 2011 |  
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------- | ------- |  | ----------------- | -
|Convertible note
    payable, originally entered into on January 23, 2012, due on demand, with interest at 12% per annum with interest due on the
    demand date. Note was amended on March 02, 2012 to increase the principal. |  | $             | 152,259 |  |                   | $
|                                                                                                                                                                                                                                 |  |               |         |  |                   |  
|                                                                                                                                                                                                                                 |  | $             | 152,259 |  |                   | $



The Company recorded $4,543 and $7,463
interest expense on the Note for the three and six months ended June 30, 2012.



Note 5 Related Party Transactions



As of March 31, 2012, the Company was owed
$30,525 by a related entity. The sole member of the Board of Directors and significant shareholder of the Company is a controlling
shareholder of the related entity. The loan is unsecured and is due on demand. On May 3, 2012, this related party loan receivable
was paid in full.



As of June 30, 2012, the Company owed $2,500
to a related entity relating to monies advanced to the Company to fund operating expenses. The sole member of the Board of Directors
and significant shareholder of the Company is a controlling shareholder of the related entity. The loan is unsecured and is due
on demand.



Note 6 Stockholders’ Equity



On January 9, 2012, the Board of Directors
of the Company authorized a 13 for 1 forward stock split of the Company’s issued and outstanding shares of Common Stock,
an increase in the number of authorized shares of capital stock from 50,000,000 shares to 500,000,000 shares of capital stock and
an amendment to the articles of incorporation to authorize the creation of 50,000,000 shares of “Blank Check” preferred
stock.



The stockholders’ equity section
has been retrospectively restated to reflect the 13 for 1 forward stock split.



15







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Stock Transactions



On February 14, 2003, the Company issued a total of 13,000,000
shares of common stock to two directors for cash in the amount of $0.0025 per share for a total of $2,500.



During June 2003 the Company completed its Regulation “D”
Rule 504 offering and issued a total of 9,100,000 shares of common stock to twenty five unrelated investors for cash in the amount
of $0.05 per share for a total of $35,000.



On March 23, 2007, the Company issued a total of 1,300,000 shares
of common stock to a director for cash in the amount of $0.10 per share for a total of $10,000.



On June 15, 2007, the Company issued a total of 650,000 shares
of common stock to a director for cash in the amount of $0.10 per share for a total of $5,000.



On January 31, 2008, the Company completed its SB-2 offering
and issued a total of 1,300,000 shares of common stock to seven unrelated investors for cash in the amount of $0.20 per share for
a total of $20,000.



On December 22, 2011, the Company issued a total of 773,760 shares
of common stock in conjunction with an asset acquisition.



Stock to be issued



During December 2011 the Company accrued a liability relating
to 110,000 shares of common stock to be issued to attorneys, for services rendered, at a fair value of $1,566 ($0.014/share), based
upon a third party valuation of the Company.



During December 2011 the Company accrued a liability relating
to 312,500 shares of common stock to be issued to a consultant, for services rendered, at a fair value of $4,450 ($0.014/share),
based upon a third party valuation of the Company.



During January 2012 the Company accrued a liability relating
to 90,000 shares of common stock to be issued to attorneys, for services rendered, at a fair value of $1,282 ($0.014/share), based
upon a third party valuation of the Company.



During March 2012 the Company accrued a liability relating to
25,000 shares of common stock to be issued to a consultant, for services rendered, at a fair value of $356 ($0.014/share), based
upon a third party valuation of the Company.



During June 2012 the Company accrued a liability relating to
25,000 shares of common stock to be issued to a consultant, for services rendered, at a fair value of $356 ($0.014/share), based
upon a third party valuation of the Company.



16







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Note 7 Commitments and Contingencies



Litigations, Claims and Assessments



The Company may become involved in various
lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties,
and an adverse result in these or other matters may arise that may harm its business. The Company is currently not aware of any
such legal proceedings or claims that they believe will have, individually or in the aggregate, a material adverse affect on its
business, financial condition or operating results.



Assignment and Assumption Agreements



On May 18, 2011, the Company entered into
an Assignment and Assumption Agreement with a member and a third party. The member assigns the exclusive right to a patent to the
Company. In exchange, the Company assumes the obligation to pay a 3% royalty on all net profits realized from the monetization
of the patent, not to exceed $310,000. The royalty payments are payable quarterly. In addition, the Company was required to pay
a $10,000 royalty prepaid upon execution of the Assignment and Assumption Agreement.



In addition, on May 18, 2011, the Company
entered into a second Assignment and Assumption Agreement with a member and a third party. The member assigns the exclusive right
to a patent to the Company. In exchange, the Company assumes the obligation to pay a 3% royalty on all net profits realized from
the monetization of the patent within the United States of America and territories controlled by the United States of America.
The royalty payments are payable quarterly. The Company is required to pay a minimum royalty of $3,000 for all quarters ended during
the 2011 calendar year, $4,000 for all quarters ended during the 2012 calendar year, and $5,000 per quarter thereafter.



License and Distribution Agreement



On February 17, 2012, Wired Associates
Solutions, Inc. a Nevada corporation (the “Licensor”), entered into a definitive product license and distribution agreement
(the “Agreement”) by and between the Licensor and Crescent Moon Holdings, LLC., a South Carolina limited liability
company that focuses on toy development and distribution (the “Licensee”). Upon execution of the Agreement the Company
ceased being a “shell company” (as such term is defined in Rule 12b-2 under the Exchange Act).



Pursuant to the terms of the Agreement,
for a one year period the Licensee will market, sell and distribute the Licensor’s consumer product, SnapTagz, for the benefit
of the Licensor (the “Product Line”). As consideration for entering into the Agreement, Licensee agrees to pay the
Licensor 6% of the gross sales of any items of the Product Line which are marketed, sold and distributed by the Licensee (the “Royalties”).
Licensee will make payment to Licensor within thirty days after the end of each calendar quarter. Additionally, during the one
year period commencing on February 17, 2012, Licensee shall pay to Licensor the minimum sum of $10,000, said amount being payable
on the one year anniversary thereof and shall be creditable towards Royalties due to Licensor.



Consulting Agreement



On May 13, 2012, the Company entered into a one year consulting agreement with Sandra R. Danon to provide
product development services, guidance on manufacturing logistics, and sales development. The Company will compensate Ms.
Danon a base consulting fee of $5,000 per month relating to this agreement. After the second month, Ms. Danon's fee shall
be increased periodically based on incoming revenues due to her performance. In addition, the Company will issue 150,000 shares
of restricted common stock with 50,000 shares vesting immediately and the remaining shares shall vest quarterly over the initial
term of the agreement.



17







Wild Craze, Inc.

(A Development Stage
Company)

Notes to Condensed Consolidated Financial
Statements

June 30, 2012



Note 8 Subsequent Events



The Company has evaluated all events that
occurred after the balance sheet date through the date when the condensed
consolidated financial statements were issued. The management of the Company determined that there were no reportable subsequent
events to be disclosed.



18









Item 2. Management’s Discussion
and Analysis of Financial Condition and Results of Operations.



This quarterly report on Form 10-Q and
other reports filed by Wild Craze, Inc., formerly known as Wired Associates Solutions, Inc. (the “Company”) from time
to time with the SEC contain or may contain forward-looking statements and information that are (collectively, the “Filings”)
based upon beliefs of, and information currently available to, the Company’s management as well as estimates and assumptions
made by Company’s management. Readers are cautioned not to place undue reliance on these forward-looking statements, which
are only predictions and speak only as of the date hereof. When used in the Filings, the words “anticipate,” “believe,”
“estimate,” “expect,” “future,” “intend,” “plan,” or the negative of
these terms and similar expressions as they relate to the Company or the Company’s management identify forward-looking statements.
Such statements reflect the current view of the Company with respect to future events and are subject to risks, uncertainties,
assumptions, and other factors, including the risks contained in the “Risk Factors” section of the Company’s
Transitional Report on Form 10-KT for the fiscal year ended December 31, 2011, filed with the SEC, relating to the Company’s
industry, the Company’s operations and results of operations, and any businesses that the Company may acquire. Should one
or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ
significantly from those anticipated, believed, estimated, expected, intended, or planned.



Although the Company believes that the
expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of
activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States,
the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.



Our financial statements are prepared in
accordance with accounting principles generally accepted in the United States (“GAAP”). These accounting principles
require us to make certain estimates, judgments and assumptions. We believe that the estimates, judgments and assumptions upon
which we rely are reasonable based upon information available to us at the time that these estimates, judgments and assumptions
are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of
the financial statements as well as the reported amounts of revenues and expenses during the periods presented. Our financial statements
would be affected to the extent there are material differences between these estimates and actual results. In many cases, the accounting
treatment of a particular transaction is specifically dictated by GAAP and does not require management’s judgment in its
application. There are also areas in which management’s judgment in selecting any available alternative would not produce
a materially different result. The following discussion should be read in conjunction with our consolidated financial statements
and notes thereto appearing elsewhere in this report.



Our Business and Plan of Operation



We design, develop and manufacture fashion
accessory and fashion accessory platforms that attach to clothing and fit flush to a wide range of fabric. The Snaptagz platform
can be decorated or it can serve as a mount for other decorated parts like toys and jewelry. This platform enables the Company
to work with all sorts of designs in entertainment, sports, and music by marketing to various demographics. We plan to bring our
products to the market directly as well as by continuing to secure additional strategic licenses with suppliers in the toy and
fashion accessory market.



Results of Operations



|                                          |  | For the Three Months Ended June 30, |         |   | For the Six Months Ended June 30, |   |        | February 14, 2003 (inception) through  June 30, | 
|----------------------------------------- |  | ----------------------------------- | ------- | - | --------------------------------- | - | ------ | ----------------------------------------------- | 
|                                          |  | 2012                                |         |   | 2011                              |   |        | 2012                                            | 
|Net sales                                 |  | $                                   | -       |   |                                   | $ | -      |                                                 | 
|Gross profit                              |  | $                                   | -       |   |                                   | $ | -      |                                                 | 
|General and administrative expenses       |  | $                                   | 94,768  |   |                                   | $ | 1,820  |                                                 | 
|Loss from operations                      |  | $                                   | (94,768 | ) |                                   | $ | (1,820 | )                                               | 
|Other income (expense)                    |  | $                                   | (4,543  | ) |                                   | $ | -      |                                                 | 
|Net loss                                  |  | $                                   | (99,311 | ) |                                   | $ | (1,820 | )                                               | 
|Loss per common share – basic and diluted |  | $                                   | (0.00   | ) |                                   | $ | (0.00  | )                                               | 



19







For the Three Months Ended June 30,
2012 and 2011



The Company was originally formed as a
multimedia/marketing company that specialized in the design and creation of effective marketing products and services, primarily
internet based. The Company generated $11,412 in revenue since inception under this business model.



During the three months ended June 30, 2011, the Company generated
$0 in revenue under this business model and incurred professional fees of $1,820.



Change in Business Model



During December 2011 we ceased to engage
in the multimedia and marketing industry and acquired the business of SnapTagz, LLC to engage in the production, distribution and
marketing of fabric accessories. We generated $0 in revenue under this new business model and incurred $94,768 in general and administrative
expenses for the three months ended June 30, 2012.



Revenue



At this time, we are domestically and internationally
marketing our new product line and have only generated $2.00 in revenue to date under our new business model.



Gross Profit



We are currently in a development stage
and have not begun our revenue generation strategy. As such, we have only recognized $1.00 of profit to date under our new business
model.



General and Administrative Expenses



General and administrative expenses for
the three months ended June 30, 2012 consisted primarily of legal and professional fees in the amount of $63,700, travel related
expenses of $24,900 and minimum royalty payments of $4,000.



Loss from Operations



Loss from operations for the three months
ended June 30, 2012 was $(94,768). The loss was primarily attributable to the general and administrative expenses as detailed above.



Other Income (Expense)



Other expense for the three months ended
June 30, 2012 was $(4,543). Other expense was attributable to interest expense on convertible notes issued during the prior period.



Net Loss



Net Loss from operations for the three
months ended June 30, 2012 was $(99,311). The net loss was primarily attributable to the general and administrative expenses and
other expenses as detailed above.



20







Inflation did not have a material impact
on the Company’s operations for the period. Other than the foregoing, management knows of no trends, demands, or uncertainties
that are reasonably likely to have a material impact on the Company’s results of operations.



For the Six Months Ended June 30, 2012
and 2011



The Company was originally formed as a
multimedia/marketing company that specializes in the design and creation of effective marketing products and services, primarily
internet based. The Company generated $11,412 in revenue since inception under this business model.



During the six months ended June 30, 2011,
the Company generated $0 in revenue under this business model and incurred professional fees of $7,270.



Change in Business Model



During December 2011 we ceased to engage
in the multimedia and marketing industry and acquired the business of SnapTagz, LLC to engage in the production, distribution and
marketing of fabric accessories. We generated $2 in revenue under this new business model and incurred $165,279 in general and
administrative expenses for the six months ended June 30, 2012.



Revenue



At this time, we are domestically and internationally
marketing our new product line and have only generated $2 in revenue to date under our new business model.



Gross Profit



We are currently in a development stage
and have not begun our revenue generation strategy. As such, we have only recognized $1 of profit to date under our new business
model.



General and Administrative Expenses



General and administrative expenses for
the six months ended June 30, 2012 consisted primarily of legal and professional fees in the amount of $124,200, travel related
expenses of $26,300 and minimum royalty payments of $8,000.



Loss from Operations



Loss from operations for the six months
ended June 30, 2012 was $(165,278). The loss was primarily attributable to the general and administrative expenses as detailed
above.



Other Income (Expense)



Other expense for the six months ended
June 30, 2012 was $(7,463). Other expense was attributable to interest expense on convertible notes issued during the period.



Net Loss



Net Loss from operations for the six months
ended June 30, 2012 was $(172,741). The net loss was primarily attributable to the general and administrative expenses and other
expenses as detailed above.



Inflation did not have a material impact
on the Company’s operations for the period. Other than the foregoing, management knows of no trends, demands, or uncertainties
that are reasonably likely to have a material impact on the Company’s results of operations.



21







Liquidity and Capital Resources



The following table summarizes total current assets, liabilities
and working capital at June 30, 2012 and December 31, 2011.





|                        |  | June 30, 2012 |          |   | December 31, 2011 |  
|----------------------- |  | ------------- | -------- | - | ----------------- | -
|Current Assets          |  | $             | 11,320   |   |                   | $
|Current Liabilities     |  | $             | 294,140  |   |                   | $
|Working Capital Deficit |  | $             | (282,820 | ) |                   | $







At June 30, 2012, we had a working capital
deficit of $(282,820), as compared to a working capital deficit of $(110,079), at December 31, 2011, an increase of $172,741. The
increase is primarily related to an increase in related party loans in order to fund operating activities and an increase in accrued
legal and professional fees.



The Company expects its current resources
to be insufficient for a period of approximately 12 months unless additional financing is received. Management has determined that
additional capital will be required in the form of equity or debt securities. In addition, if we cannot raise additional short
term capital we will be forced to continue to further accrue liabilities due to our limited cash reserves. There are no assurances
that management will be able to raise capital on terms acceptable to the Company. If we are unable to obtain sufficient amounts
of additional capital, we may be required to reduce the scope of our planned development, which could harm our business, financial
condition and operating results. If we obtain additional funds by selling any of our equity securities or by issuing common stock
to pay current or future obligations, the percentage ownership of our stockholders will be reduced, stockholders may experience
additional dilution, or the equity securities may have rights preferences or privileges senior to the common stock. If adequate
funds are not available to us when needed on satisfactory terms, we may be required to cease operating or otherwise modify our
business strategy.



For the Six Months Ended June 30, 2012
and 2011



Net cash used in operating activities for
the six months ended June 30, 2012 and 2011, was $(133,829) and $(3,990), respectively. The net loss for the six months ended June
30, 2012 and 2011, was $(172,741) and $(7,270), respectively. Cash used in operating activities for the six months ended June 30,
2012 and 2011 was primarily for legal and professional fees and travel related expenses.



Net cash obtained through all investing
activities for the six months ended June 30, 2012 and 2011, was $30,525 and $0, respectively. Cash obtained through investing activities
for the six months ended June 30, 2012 consisted of repayments of related party loans from the Company.



Net cash obtained through all financing
activities for the six months ended June 30, 2012 and 2011, was $103,259 and $3,990, respectively. Cash obtained through financing
activities for the six months ended June 30, 2012 and 2011 consisted of net proceeds from related party loans to the Company.



On the Company’s Transitional Report
on Form 10-KT, filed on March 30, 2012, our auditors have expressed their substantial doubt about our ability to continue as a
going concern. Our ability to continue as a going concern is dependent upon our ability to generate future profitable operations
and/or to obtain the necessary financing to meet our obligations and repay our liabilities arising from normal business operations
when they come due. Our management has no formal plan in place to address this concern but considers that we will be able to obtain
additional funds by equity financing and/or related party advances; however there is no assurance of additional funding being available.



Critical Accounting Policies



We prepare our consolidated financial statements
in accordance with accounting principles generally accepted in the United States of America. The preparation of these financial
statements require the use of estimates and assumptions that affect the reported amounts of assets and liabilities and the 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. Our management periodically evaluates the estimates and judgments made. Management bases its estimates and
judgments on historical experience and on various factors that are believed to be reasonable under the circumstances. Actual results
may differ from these estimates as a result of different assumptions or conditions.



22







The methods, estimates, and judgment we
use in applying our most critical accounting policies have a significant impact on the results we report in our financial statements.
The SEC has defined “critical accounting policies” as those accounting policies that are most important to the portrayal
of our financial condition and results, and require us to make our most difficult and subjective judgments, often as a result of
the need to make estimates of matters that are inherently uncertain. Based upon this definition, our most critical estimates relate
to the fair value of warrant liabilities. We also have other key accounting estimates and policies, but we believe that these other
policies either do not generally require us to make estimates and judgments that are as difficult or as subjective, or it is less
likely that they would have a material impact on our reported results of operations for a given period. For additional information
see Note 2, “Summary of Significant Accounting Policies” in the notes to our reviewed financial statements appearing
elsewhere in this report. Although we believe that our estimates and assumptions are reasonable, they are based upon information
presently available, and actual results may differ significantly from these estimates.



Off-Balance Sheet Arrangements



We do not have any off-balance sheet arrangements.



Item 3. Quantitative and Qualitative
Disclosures About Market Risk.



We do not hold any derivative instruments
and do not engage in any hedging activities.



Item 4. Controls and Procedures.





(a) Evaluation of Disclosure Controls
and Procedures.



Pursuant to Rule 13a- 15(b) under the Exchange
Act, the Company carried out an evaluation, with the participation of the Company’s management, including the Company’s
Principal Executive Officer (“PEO”) and Principal Financial Officer (“PFO”), of the effectiveness of the
Company’s disclosure controls and procedures (as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the
period covered by this report. Based upon that evaluation, the Company’s PEO and PFO concluded that the Company’s disclosure
controls and procedures were not effectiveto ensure that information required to be disclosed by the Company in the
reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time
periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the Company’s
management, including the Company’s PEO and PFO, as appropriate, to allow timely decisions regarding required disclosure.



(b) Changes in Internal Control over
Financial Reporting.



There were no changes in our internal control
over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, during our most recently completed
fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial
reporting.



23







PART II - OTHER INFORMATION



Item
1. Legal Proceedings.



We are currently not involved in any litigation
that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit,
proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body
pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting
our company, our common stock, any of our subsidiaries or of our companies or our subsidiaries’ officers or directors in
their capacities as such, in which an adverse decision could have a material adverse effect.



Item 1A. Risk Factors.



We believe there are no changes
that constitute material changes from the risk factors previously
disclosed in our Transitional Report on Form 10-KT for the fiscal year ended December 31, 2011, filed with the SEC on March
30, 2012.



Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.



There were no unregistered sales of the
Company’s equity securities during the quarter ended June 30, 2012, other than those previously reported in a Current Report
on Form 8-K.



Item
3. Defaults Upon Senior Securities.



There has been no default in the payment
of principal, interest, sinking or purchase fund installment, or any other material default, with respect to any indebtedness of
the Company.



Item 4. Mine Safety Disclosures.



Not applicable.



Item 5. Other Information.



There is no other information required
to be disclosed under this item which has not been previously disclosed.



Item 6. Exhibits.



|Exhibit No. |  | Description                                                                                                                                    
|----------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------
|            |  |                                                                                                                                                
|31.1        |  | Certification of Principal Executive Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 302 of 2002*                          
|            |  |                                                                                                                                                
|31.2        |  | Certification of Principal Financial Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 302 of 2002*                          
|            |  |                                                                                                                                                
|32.1        |  | Certification of Principal Executive Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*
|            |  |                                                                                                                                                
|32.2        |  | Certification of Principal Financial Officer, pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*
|            |  |                                                                                                                                                
|101.INS     |  | XBRL INSTANCE DOCUMENT**                                                                                                                       
|            |  |                                                                                                                                                
|101.SCH     |  | XBRL TAXONOMY EXTENSION SCHEMA**                                                                                                               
|            |  |                                                                                                                                                
|101.CAL     |  | XBRL TAXONOMY EXTENSION CALCULATION LINKBASE**                                                                                                 
|            |  |                                                                                                                                                
|101.DEF     |  | XBRL TAXONOMY EXTENSION DEFINITION LINKBASE**                                                                                                  
|            |  |                                                                                                                                                
|101.LAB     |  | XBRL TAXONOMY EXTENSION LABEL LINKBASE**                                                                                                       
|            |  |                                                                                                                                                
|101.PRE     |  | XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE**                                                                                                







* Filed herewith

** To be provided by amendment



24







SIGNATURES



Pursuant to the requirements
of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



|                      |  |     | WILD CRAZE, INC. 
|--------------------- |  | --- | -----------------
|                      |  |     |                  
|Date: August 14, 2012 |  | By: | /s/ Justin Jarman
|                      |  |     |                  
|                      |  |     |                  
|                      |  |     |                  



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