U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-QSB/A
                                 AMENDMENT NO. 1

(Mark One)
[X]      Quarterly  Report under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934

                 For the quarterly period ended August 31, 2005


[_]      Transition Report under Section 13 or 15(d) of the Exchange Act for the
         Transition Period from ________ to ___________

                         Commission File Number: 0-50333

                          ADVANCED MEDIA TRAINING, INC.
        (Exact name of small business issuer as specified in its charter)

           Delaware                                              95-4810658
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                       17337 Ventura Boulevard, Suite 208
                            Encino, California 91316
                    Issuer's Telephone Number: (818) 784-0040
            (Address and phone number of principal executive offices)

         Check whether the issuer (1) filed all reports  required to be filed by
Section  13 or 15(d) of the  Exchange  Act  during  the past 12 months  (or such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements for the past 90 days.

                                Yes [X]   No [_]

         Check whether the issuer is a "shell  company" as defined in Rule 12b-2
of the Securities Exchange Act of 1934. Yes [_] No [X]

         The  Registrant has 2,685,000  shares of Common stock,  par value $.001
per share issued and  outstanding  as of September 30, 2005. On October 5, 2005,
we were  approved to be listed on the over the  counter  Bulletin  Board  system
under the symbol "AMTN".  Based on the closing bid price of the issuer's  common
stock on October 6, 2005, the aggregate market value of the voting stock held by
non-affiliates of the registrant on that date was $110,144.

         Traditional Small Business Disclosure Format (check one)

                                Yes [_]   No [X]


<PAGE>


                            INDEX TO QUARTERLY REPORT
                                 ON FORM 10-QSB


PART I   FINANCIAL INFORMATION
                                                                            PAGE
                                                                            ----
Item 1.  Financial Statements...........................................       3
         Balance Sheet
             August 31, 2005............................................       3
         Statements of Operations and Accumulated Deficit
             For the Three Months Ended
             August 31, 2005 and 2004...................................       4
         Statements of Shareholders' Deficit
             For the Three Months Ended August 31, 2005.................       5
         Statements of Cash Flows
             For the Three Months Ended
             August 31, 2005 and 2004...................................       6
         Notes to Financial Statements..................................       7

Item 2.  Management's Discussion and Analysis or Plan
         of Operation...................................................      11

Item 3.  Controls and Procedures........................................      14

PART II  OTHER INFORMATION

Item 1.  Legal Proceedings..............................................      15

Item 2.  Changes in Securities and Use of Proceeds......................      15

Item 3.  Defaults upon Senior Securities................................      15

Item 4.  Submission of Matters to a Vote of Security Holders............      15

Item 5.  Other Information..............................................      15

Item 6.  Exhibits ......................................................      15

Signatures..............................................................      16


                                       2
<PAGE>


ADVANCED MEDIA TRAINING, INC.


BALANCE SHEET (Unaudited) (As Restated)
--------------------------------------------------------------------------------

                                                                     August 31,
                                                                        2005
                                                                    -----------
ASSETS

CASH .......................................................        $     9,399

ACCOUNTS RECEIVABLE, Net of allowance
  for doubtful accounts of $10,261 .........................             44,744

PROPERTY AND EQUIPMENT, Net of accumulated
  depreciation of $10,236 ..................................              1,473

PREPAID EXPENSES AND OTHER ASSETS ..........................              5,463
                                                                    -----------

TOTAL ASSETS ...............................................        $    61,079
                                                                    ===========

LIABILITIES AND SHAREHOLDERS' DEFICIT

LIABILITIES:
Line of credit .............................................        $    37,064
Accounts payable and accrued expenses ......................            110,815
Deferred revenue ...........................................              8,287
Note payable to shareholder ................................            458,315
Accrued interest due to shareholder ........................             44,684
                                                                    -----------
Total liabilities ..........................................            659,165
                                                                    -----------

COMMITMENTS AND CONTINGENCIES

SHAREHOLDERS' DEFICIT:
Common stock, par value - $.001;
    25,000,000 shares authorized; 2,685,000
    shares issued and outstanding ..........................              2,685
Additional paid-in capital .................................            417,914
Accumulated deficit ........................................         (1,018,685)
                                                                    -----------
Total shareholders' deficit ................................           (598,086)
                                                                    -----------

TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT ................        $    61,079
                                                                    ===========


See accompanying notes to financial statements.


                                       3
<PAGE>


ADVANCED MEDIA TRAINING, INC.


STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDED
AUGUST 31, 2005 AND 2004 (Unaudited) (As Restated)
--------------------------------------------------------------------------------
                                                      2005              2004
                                                  -----------       -----------

REVENUES ...................................      $   101,405       $   115,228

COST OF REVENUES ...........................           35,071            50,361
                                                  -----------       -----------

GROSS PROFIT ...............................           66,334            64,867
                                                  -----------       -----------

EXPENSES:
Selling and marketing ......................           55,687            55,104
General and administrative .................           60,540            81,608
Research and development ...................               50             8,768
License agreement expense ..................              -0-            30,000
Interest expense ...........................           10,111             5,525
                                                  -----------       -----------
Total expenses .............................          126,388           181,005
                                                  -----------       -----------

LOSS BEFORE INCOME TAXES ...................          (60,054)         (116,138)

INCOME TAXES ...............................                0                 0
                                                  -----------       -----------

NET LOSS ...................................      $   (60,054)      $  (116,138)
                                                  ===========       ===========

BASIC AND DILUTED LOSS PER SHARE ...........      $     (0.02)      $     (0.06)
                                                  ===========       ===========

WEIGHTED AVERAGE SHARES OUTSTANDING ........        2,685,000         1,920,000
                                                  ===========       ===========


See accompanying notes to financial statements.


                                       4
<PAGE>


ADVANCED MEDIA TRAINING, INC.

<TABLE>
STATEMENTS OF SHAREHOLDERS' DEFICIT
FOR THE THREE MONTHS ENDED AUGUST 31, 2005 (Unaudited) (As Restated)
----------------------------------------------------------------------------------------

<CAPTION>
                                  COMMON STOCK       ADDITIONAL
                             --------------------     PAID-IN    SHAREHOLDER
                               SHARES     AMOUNT      CAPITAL     (DEFICIT)      TOTAL
                             ---------   ---------   ---------    ---------    ---------

<S>                          <C>         <C>         <C>          <C>          <C>
BALANCE, MAY 31, 2005 ....   2,685,000   $   2,685   $ 407,514    $(958,631)   $(548,432)

CONTRIBUTION OF CAPITAL...        --          --        10,400           --       10,400


NET LOSS .................        --          --          --        (60,054)     (60,054)
                             ---------   ---------   ---------    ---------    ---------

BALANCE, AUGUST 31, 2005     2,685,000   $   2,685   $ 417,914  $(1,018,685)   $(598,086)
                             =========   =========   =========    =========    =========
</TABLE>


See accompanying notes to financial statements.


                                       5
<PAGE>


ADVANCED MEDIA TRAINING, INC.

STATEMENTS OF CASH FLOWS
FOR THE THREE MONTHS ENDED AUGUST 31, 2005 AND 2004 (Unaudited) (As Restated)
--------------------------------------------------------------------------------
                                                           2005          2004
                                                        ---------     ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss ...........................................    $ (60,054)    $(116,138)
Adjustments to reconcile net loss
     to net cash used by operating activities:
     Contribution of capital for services..........        10,400        10,400
     Depreciation ..................................          660           600
     Changes in operating assets and liabilities:
         Accounts receivable .......................          387        (7,354)
         Other assets ..............................       (3,185)          -0-
         Accounts payable and accrued expenses .....       39,317        32,273
         Deferred revenue ..........................       (1,808)       15,000
                                                        ---------     ---------
Net cash used by operating activities ..............      (14,283)      (65,219)
                                                        ---------     ---------

CASH FLOWS FROM INVESTING ACTIVITIES                          -0-           -0-

CASH FLOWS FROM FINANCING ACTIVITIES:
Bank overdraft .....................................          -0-           604
Net borrowings from shareholder ....................       11,940        60,500
Net repayments on line of credit ...................          (32)          -0-
                                                        ---------     ---------
Net cash provided by financing activities ..........       11,908        61,104
                                                        ---------     ---------

NET DECREASE IN CASH ...............................       (2,375)       (4,115)

CASH, BEGINNING OF PERIOD...........................       11,774         4,115
                                                        ---------     ---------
CASH, END OF PERIOD.................................    $   9,399      $    -0-
                                                        =========     =========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest .............................    $   1,077     $     577
Cash paid for income taxes .........................    $     -0-     $     -0-


See accompanying notes to financial statements.


                                       6
<PAGE>


ADVANCED MEDIA TRAINING, INC.

NOTES TO FINANCIAL STATEMENTS

1.       BACKGROUND

Advanced Media Training, Inc. (formerly Advanced Knowledge, Inc.; the "Company")
is engaged in the  development,  production  and  distribution  of training  and
educational video products and services.

2.       INTERIM CONDENSED FINANCIAL STATEMENTS

FISCAL PERIODS

The Company's  fiscal  year-end is May 31.  References to a fiscal year refer to
the calendar year in which such fiscal year ends.

RESTATEMENT OF FINANCIAL STATEMENTS

The  financial  statements  for the three  months ended August 31, 2005 and 2004
have been restated to correct  certain  errors in the financial  statements  and
notes thereto.  The errors relate to the recording of  compensation  expense for
the  Company's  president as  contributed  capital,  the  reclassification  of a
non-refundable  upfront fee from additional paid in capital to deferred  revenue
and the expense of its license  agreement in June 2004. The following  financial
statement  line items for the three  months  ended August 31, 2005 and 2004 were
affected by the corrections.

<TABLE>
STATEMENT OF OPERATIONS
2005
<CAPTION>
                                                                            EFFECT OF
                                            AS REPORTED     AS ADJUSTED       CHANGE
                                            -----------     -----------    -----------
<S>                                         <C>             <C>            <C>
Revenues ................................   $    99,597     $   101,405    $     1,808
Expenses ................................       116,738         126,388          9,650
Net loss ................................   $   (52,212)    $   (60,054)   $    (7,842)
</TABLE>

<TABLE>
STATEMENT OF OPERATIONS
2004
<CAPTION>
                                                                            EFFECT OF
                                            AS REPORTED     AS ADJUSTED       CHANGE
                                            -----------     -----------    -----------
<S>                                         <C>             <C>            <C>
License agreement expense ...............   $       -0-     $    30,000    $    30,000
Expenses ................................       141,355         181,005         39,650
Net loss ................................   $   (76,488)    $  (116,138)        (39650)
Basic and diluted loss per share ........   $     (0.04)*   $     (0.06)   $     (0.02)
</TABLE>


                                       7
<PAGE>


<TABLE>
BALANCE SHEET
2005
<CAPTION>
                                                                            EFFECT OF
                                            AS REPORTED     AS ADJUSTED       CHANGE
                                            -----------     -----------    -----------
<S>                                         <C>             <C>            <C>
Total assets ............................   $    87,329     $    61,079    $   (26,250)
Deferred revenue ........................           -0-           8,287          8,287
Total liabilities .......................       650,878         659,165          8,287
Additional paid-in capital ..............       339,314         417,914         78,600
Accumulated deficit .....................      (905,548)     (1,018,685)      (113,137)
Total shareholders' deficit .............   $  (563,549)    $  (598,086)   $   (34,537)
</TABLE>

<TABLE>
BALANCE SHEET
2004
<CAPTION>
                                                                            EFFECT OF
                                            AS REPORTED     AS ADJUSTED       CHANGE
                                            -----------     -----------    -----------
<S>                                         <C>             <C>            <C>
Deferred revenue ........................   $       -0-     $    15,000    $    15,000
Total liabilities .......................       491,114         506,114         15,000
Additional paid-in capital ..............       187,079         224,079         37,000
Accumulated deficit .....................      (601,924)       (683,924)       (82,000)
Total shareholders' deficit .............   $  (412,925)    $  (457,925)   $    45,000
</TABLE>

<TABLE>
STATEMENT OF CASH FLOWS
2005
<CAPTION>
                                                                            EFFECT OF
                                            AS REPORTED     AS ADJUSTED       CHANGE
                                            -----------     -----------    -----------
<S>                                         <C>             <C>            <C>
Net loss ................................   $   (52,212)    $   (60,054)   $    (7,842)
Contribution of capital .................           -0-          10,400         10,400
Amortization ............................           750             -0-           (750)
Deferred revenue ........................           -0-          (1,808)        (1,808)
</TABLE>

<TABLE>
STATEMENT OF CASH FLOWS
2004
<CAPTION>
                                                                            EFFECT OF
                                            AS REPORTED     AS ADJUSTED       CHANGE
                                            -----------     -----------    -----------
<S>                                         <C>             <C>            <C>
Net loss ................................   $   (76,488)    $  (116,138)   $   (39,650)
Contribution of capital .................           -0-          10,400         10,400
Deferred revenue ........................           -0-          15,000         15,000
Net cash used by operating activities ...       (50,219)        (65,219)        15,000
Contribution of capital .................        15,000             -0-        (15,000)
Net cash provided by financing activities        76,104          61,104        (15,000)
*-Corrected per share amount.
</TABLE>

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
certain estimates and assumptions that affect the reported amounts and timing of
revenue and  expenses,  the reported  amounts and  classification  of assets and
liabilities,  and the  disclosure of contingent  assets and  liabilities.  These
estimates and assumptions are based on the Company's  historical results as well
as management's  future  expectations.  The Company's  actual results could vary
materially from management's estimates and assumptions.


                                       8
<PAGE>


RECLASSIFICATIONS

Certain amounts in the condensed financial  statements for the comparative prior
fiscal period have been  reclassified  to be consistent  with the current fiscal
period's presentation.

PREPARATION OF INTERIM CONDENSED FINANCIAL STATEMENTS

These interim  condensed  financial  statements for the periods ended August 31,
2005 and 2004 have been prepared by the Company's management,  without audit, in
accordance with accounting principles generally accepted in the United States of
America  and  pursuant  to  the  rules  and  regulations  of the  United  States
Securities and Exchange Commission ("SEC"). In the opinion of management,  these
interim condensed  financial  statements contain all adjustments  (consisting of
only normal recurring adjustments,  unless otherwise noted) necessary to present
fairly the Company's  financial  position,  results of operations and cash flows
for the fiscal  periods  presented.  Certain  information  and note  disclosures
normally  included in annual  financial  statements  prepared in accordance with
accounting  principles  generally  accepted in the United States of America have
been condensed or omitted in these interim financial  statements pursuant to the
SEC's rules and regulations, although the Company's management believes that the
disclosures are adequate to make the information  presented not misleading.  The
financial position, results of operations and cash flows for the interim periods
disclosed  herein are not necessarily  indicative of future  financial  results.
These interim condensed financial  statements should be read in conjunction with
the annual financial  statements and the notes thereto included in the Company's
most recent  Annual Report on Form 10-KSB (as amended) for the fiscal year ended
May 31, 2005.

SIGNIFICANT CUSTOMERS

The Company has three customers that exceeded 10% of gross accounts  receivable,
(15%,  13% and 10%),  at August 31,  2005.  The  Company had one  customer  that
exceeded 10% of sales (16%) in the three-month  period ended August 31, 2005 and
two customers in the same period ended 2004 (29% and 19%).

NET LOSS PER SHARE

Basic and diluted net loss per share has been  computed by dividing  net loss by
the weighted average number of common shares  outstanding  during the applicable
fiscal  periods.  At August 31, 2005 and 2004,  the Company had no common  stock
equivalents outstanding.

UNCLASSIFIED BALANCE SHEET

In  accordance  with  the  provisions  of  AICPA  Statement  of  Position  00-2,
"ACCOUNTING BY PRODUCERS OR  DISTRIBUTORS  OF FILMS," the Company has elected to
present an unclassified balance sheet.

RECENTLY ISSUED ACCOUNTING STANDARDS NOT YET ADOPTED

There  are  no  accounting  standards  with  pending  adoptions  that  have  any
applicability to the Company.


                                       9
<PAGE>


3.       NOTE PAYABLE TO SHAREHOLDER

The  Company   entered  into  an  agreement  with  its  President  and  majority
shareholder to borrow up to $600,000 with interest at 8.0%.  Repayment  shall be
made when funds are available and the balance of principal and accrued  interest
is due December 31, 2006.

4.       LINE OF CREDIT

The Company has a revolving line of credit with a bank which permits  borrowings
up to $40,000.  The line is guaranteed by the Company's  President.  Interest is
payable  monthly at 2.22%  above the bank's  prime  rate of  interest  (8.47% at
August 31, 2005).

5.       INCOME TAXES

The Company has net operating loss carryforwards totaling approximately $700,000
at May 31, 2005 for  Federal  income tax  purposes  available  to offset  future
taxable income through 2025.  Deferred tax assets consist  substantially  of the
net operating loss carryforward. The Company has made a 100% valuation allowance
against the deferred tax asset.

6.       COMMITMENTS AND CONTINGENCIES

The Company has  agreements  with companies to pay a royalty on sales of certain
videos.   The  royalty  is  based  on  a  specified   formula,   which  averages
approximately 35% to 45% of gross sales.

The  Company  leases  its  operating  facility  for  $2,185 per month in Encino,
California  under an operating lease which expired in August 2005. The lease has
been  extended to October 31, 2005.  Rent expense was  approximately  $4,370 and
$4,009 for the three-month periods ended August 31, 2005 and 2004, respectively.

7.       LEGAL

The  Company is,  from time to time,  subject to legal and other  matters in the
normal  course of its  business.  While the  results of such  matters  cannot be
predicted with certainty,  management does not believe that the final outcome of
any pending  matters will have a material  effect on the financial  position and
results of operations of the Company.

8.       RELATED PARTY TRANSACTIONS

The Company has a consulting agreement with Howard Young, the son of Buddy Young
(the Company's Chief  Executive  Officer) which provides a monthly fee of $6,000
for administrative and sales consultation.  The fee is allocated equally between
General and Administrative and Selling and Marketing expense in the Statement of
Operations for the periods ended August 31, 2005 and 2004.


                                       10
<PAGE>


ADVANCED MEDIA,, INC.

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

CRITICAL ACCOUNTING POLICIES

Our discussion and analysis of our financial condition and results of operations
are based upon our  statements,  which have been  prepared  in  accordance  with
accounting  principles  generally accepted in the United States. The preparation
of these financial  statements  requires us to make estimates and judgments that
affect the reported amounts of assets,  liabilities,  revenues and expenses.  In
consultation  with our Board of Directors,  we have  identified  two  accounting
policies  that  we  believe  are  key  to  an  understanding  of  our  financial
statements.  These are important  accounting policies that require  management's
most difficult, subjective judgments.

The  first  critical  accounting  policy  relates  to  revenue  recognition.  We
recognize  revenue  from product  sales upon  shipment to the  customer.  Rental
income is recognized  over the related period that the videos are rented.  Based
on the nature of our  product,  we do not accept  returns.  Damaged or defective
product is replaced upon receipt.  Such returns have been  negligible  since the
Company's inception.

The second critical  accounting  policy relates to production costs. The Company
periodically  incurs  costs to produce  new  management  training  videos and to
enhance current videos. Historically,  the Company has been unable to accurately
forecast  revenues to be earned on these videos and has,  accordingly,  expensed
such costs as incurred.

SELECT FINANCIAL INFORMATION

                                                    For the Three Months Ended
                                                     08/31/05          08/31/04
                                                    ---------         ---------
                                                   (Unaudited)       (Unaudited)
Statement of Operations Data
Total revenue ..............................        $ 101,405         $ 115,228
Operating loss .............................        $ (60,054)        $(116,138)
Net loss per share .........................        $   (0.02)        $   (0.06)

Balance Sheet Data
Total assets ...............................        $  61,079         $  48,189
Total liabilities ..........................        $ 659,165         $ 506,114
Stockholder's deficit ......................        $(598,086)        $(457,925)


RESULTS OF OPERATIONS

GENERAL

         Advanced Media Training's core business is the development,  production
and distribution of management and general workforce  training videos for use by
businesses  throughout the world. In addition to distributing videos produced by
us, we market and  distribute  training  videos  financed  and produced by other
producers, which currently account for approximately 85% of our revenues.


                                       11
<PAGE>


         Workforce training industry trends have demonstrated that the amount of
money  allocated  by  companies  for the  training  of  their  employees  varies
according  to  general  economic  conditions.  In many  cases in a good  economy
training  department  budgets  are  increased,  and as a result  more  funds are
available to purchase  training  videos and other  employee  training  products.
Conversely,  when economic conditions are not good companies tend to cut back on
the amount of funds spent on the purchase of  workforce  training  products.  We
anticipate  that  general  economic  conditions  will  continue to have a direct
effect on our revenues.

THREE-MONTH  PERIOD ENDED AUGUST 31, 2005 COMPARED TO  THREE-MONTH  PERIOD ENDED
AUGUST 31, 2004

REVENUES

         Our  revenues  for the three month  period  ended  August 31, 2005 were
$101,405.  Revenues for the prior three month period ended August 31, 2004, were
$115,228.  This represents a decrease of $13,823. The decrease was mainly due to
the fact that we did not  introduce any new training  video  produced by us into
the marketplace during this period.

            Product sales made up approximately  96% of the total revenue in the
three-month  periods  ended  August 31, 2005 and 2004.  We expect the rentals of
videos  (approximately  4%) to  continue  to  represent  approximately  the same
percentage of revenues for the foreseeable  future.  Sales of videos produced by
other  companies  accounted for  approximately  69% of sales in the  three-month
period ended August 31, 2005 and  approximately  85% in the same period in 2004.
As a result of our limited  financial  resources which prevent us from financing
and  producing  many new videos,  we expect that the sale of videos  produced by
others will continue to represent approximately 70 to 75% of revenues.

COSTS AND EXPENSES

         From 2004 to 2005, the cost of goods sold during the three month period
ended August 31, 2005,  decreased  from  $50,361 to $35,071.  This  represents a
decrease of $15,290.  The cost of goods sold as a percent of sales  decreased by
approximately 9% (44% in 2004 to 35% in 2005).  This decrease is a direct result
of the sales mix during the quarter  ended  August 31,  2005  shifting to higher
gross profit items (i.e.,  internally produced videos). In addition,  during the
same period in 2004, we incurred  approximately $8,000 in production costs which
were expensed as incurred).

         Approximately 69% of our revenue is generated from the sale of training
videos produced by companies with which we have distribution contracts with. The
terms of these distribution contracts vary with regard to percentage of discount
we receive.  These  discounts  range from a low of 35% to a high of 50% of gross
receipts.  As we cannot  predict which  companies  will produce  better  selling
videos in any one period,  we cannot  predict future  product mix.  However,  we
anticipate  that the cost of goods  sold as a  percentage  of  revenues  will be
approximately within the 35 to 50 percent range.

         Total  operating  expenses  decreased  from $181,005 in the three month
period  ended August 31, 2004 to $126,388  during the same period in 2005.  This
represents  a decrease  of  $54,617.  This  decrease  was  primarily  due to the
streamlining of our processes and decreased


                                       12
<PAGE>


use of outside consultants and services.

         Selling and marketing expenses remained  relatively constant at $55,104
in 2004 versus $55,687 in 2005. This represents an increase of $583. Our selling
and marketing costs are substantially  related to the introduction of new videos
produced by us. These costs are mainly  comprised of the creation of advertising
and publicity materials, the making of preview copies of the video to be sent to
other  distributors,  advertising  space in trade  publications,  commissions on
sales and  consulting  fees paid to Howard Young (son of Buddy Young,  CEO),  of
which, $3,000 per month is allocated to selling and marketing duties.

         General and  administrative  expenses decreased from $81,608 in 2004 to
$60,540 in 2005.  This  represents  a decrease of  $21,068.  This  decrease  was
primarily  the  result of  decreased  payroll,  employee  related  expenses  and
consulting  fees paid to professional  and  administrative  personnel.  The main
components  in these  general and  administrative  expenses are salaries for our
employees,  consulting  fees,  and  professional  fees for  accounting and legal
services,  and rent. We anticipate that our general and administrative  expenses
will remain at this level until we  generate  additional  revenues to support an
increase in our infrastructure.

         Research and development  expenses decreased from $8,768 in 2004 to $50
in 2005. This decrease of $8,718 is mainly due to the expiration of a consulting
contract with a consultant  that we feel is no longer  needed.  Our research and
development  costs are comprised  mainly of fees paid to writers for the initial
preparation of an outline for a new training video. Based on our analysis of the
outline's sales potential,  we will make a decision as to whether or not to move
forward  with the  production.  We  anticipate  that such  costs  will  increase
slightly as we continue to evaluate and develop new training videos.

         In June 2004 we acquired a license agreement for $30,000.  Based on our
history of significant  operating  losses and negative  operating cash flows and
the volatility of our sales of our video educational and training  products,  we
have expensed the cost of the license agreement.

         Interest  expense  increased  from $5,525 in 2004,  to $10,111 in 2005.
This  represents  an  increase of $4,856.  This  increase  is  primarily  due to
additional borrowings from our President and principal shareholder.

         Our net loss decreased  from $116,138 in 2004 to $60,054 in 2005.  This
is a decrease of  $56,084.  The  primary  cause of this  decrease is the overall
reduced  revenues which resulted in reduced cost of sales as well as the reduced
general and administrative  expenses along with the license agreement expense of
$30,000.

LIQUIDITY AND CAPITAL RESOURCES

         Our working capital deficit increased from $457,925 in 2004 to $598,086
in 2005.  This is a direct  result  of our  increase  in  accounts  payable  and
increase in amounts owed to our President and principal shareholder.

         Our cash flows used by  operations  decreased  from  $65,219 in 2004 to
$14,283 in 2005. This decrease is the result of our decrease in net loss for the
same period in addition to an increase in our accounts receivable during 2004.


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<PAGE>


         During 2005 and 2004 we did not use any cash for investing activities.

         Our cash flows provided by financing  activities decreased from $61,104
in 2004 to $11,908 in 2005.  This is the result of a decrease in borrowings from
our President and principal shareholder.

         We  currently  have  no  material  commitments  at  this  time  to fund
development of new videos or to acquire any significant capital equipment

ITEM 3.  CONTROLS AND PROCEDURES

         EVALUATION  OF DISCLOSURE  CONTROLS AND  PROCEDURES.  Buddy Young,  the
Company's Chief Executive Officer and Chief Financial Officer, has evaluated the
effectiveness of the Company's  disclosure controls and procedures (as such term
is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of
1934, as amended (the  "Exchange  Act")) as of the end of the period  covered by
this  annual  report  on  Form  10-K  (the  "Evaluation  Date").  Based  on that
evaluation,  Mr.  Young has  concluded  that,  as of the  Evaluation  Date,  the
Company's  disclosure controls and procedures are not effective in ensuring that
(i)  information  required to be disclosed by the Company in the reports that it
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
(ii) information  required to be disclosed by the Company in the reports that it
files or submits under the Exchange Act is accumulated  and  communicated to the
Company's management,  including its principal executive and principal financial
officers,  or persons  performing  similar  functions,  as  appropriate to allow
timely decisions regarding required disclosure.

         The Company's  Board of Directors has determined that it is in the best
interests  of the  Company  and its  shareholders  to address the lack of formal
internal  controls  and  procedures  and to  implement  changes to our  internal
control over  information  and financial  reporting.  We are  exploring  ways to
improve  our  accounting  procedures  to ensure  accuracy  and to monitor  sales
efforts  and  results  by  our  sales  representatives,   including  independent
representatives.  We are also  working to improve our internal  control  through
increased  segregation  of critical  duties among the members of our general and
administrative  staff and improved  oversight of the  financial  accounting  and
reporting  process  by our  principal  accounting  officer.  With  regard to the
latter,  we are  also  considering  the  need to  engage  additional  accounting
personnel.


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<PAGE>


                                     PART II
                                OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS    None.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS       None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES        None.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
         During the quarter ended August 31, 2005, no matters were  submitted to
         the Company's security holders.

ITEM 5.  OTHER INFORMATION     None.

ITEM 6.  EXHIBITS

         31.1     Certification of CEO Pursuant to Securities Exchange Act Rules
                  13a-14 and 15d-14,  as Adopted  Pursuant to Section 302 of the
                  Sarbanes-Oxley Act of 2002.

         32.1     Certification  Pursuant to 18 U.S.C.  Section 1350, as Adopted
                  Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


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<PAGE>


                                   SIGNATURES

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

                                              ADVANCED MEDIA TRAINING, INC.
                                              (Registrant)


Dated: March 22, 2006                         /S/ BUDDY YOUNG
                                              --------------------------------
                                              Buddy Young, President and Chief
                                              Executive Officer


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