SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-KSB

(Mark One)

[X]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

      For the fiscal year ended DECEMBER 31, 2002

                                    OR


[ ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

      For the transition period from ___________ to ___________


                           Commission file No. 0-30584

                             BLUE MOON GROUP, INC.
             (Exact name of registrant as specified in its charter)

                             OPEN DOOR ONLINE, INC.
                          (Former name of registrant)

          DELAWARE                                      16-1636770
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

                    4890 Garland Branch Rd., Dover, FL 33527
               (Address of principal executive offices) (Zip Code)

              46 Old Flat River Road Coventry, Rhode Island 02816
                     (Former address of executive offices)

Registrant's telephone number, including area code: (813) 707-1535

Securities registered pursuant to Section 12(b) of the Act: NONE

Securities registered pursuant to Section 12(g) of the Act: NONE

     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 preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

     Check if there is no disclosure of delinquent filings pursuant to Item 405
of Regulation S-K contained herein, and no disclosure will be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB. [ ].

     Issuer's revenues for the 12 months ended December 31, 2002: $ 0

     The aggregate market value of the voting and non-voting common equity of
the registrant held by non-affiliates of the registrant at April 11, 2003 was
approximately $5,169,966 based upon the closing sale price of $2.85 for the
Registrant's Common Stock, $.001 par value, as reported by the National
Association of Securities Dealers OTC on April 11, 2003.

     As of April 11, 2003 the registrant had 3,764,023 shares of Common Stock,
$.001 par value, issued and outstanding.

<PAGE>

                             BLUE MOON GROUP, INC.
                          ANNUAL REPORT ON FORM 10-KSB
                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002


                                TABLE OF CONTENTS



                                                                            PAGE
                                                                            ----
                                     PART I

Item 1.    Business                                                            3

Item 2.    Properties                                                          6

Item 3.    Legal Proceedings                                                   6

Item 4.    Submission of Matters to Vote of Securities Holders                 7

                                     PART II

Item 5.    Market for the Registrant's Common Stock and Related
             Security Holder Matters                                           7

Item 6.    Management's Discussion and Analysis of Financial Condition
             and Results of Operations                                        10

Item 7.    Financial Statements                                               13

Item 8.    Changes in and Disagreements with Accountants on Accounting
             And Financial Disclosure                                         13

                                    PART III

Item 9.    Directors, Executive Officers, Promoters, and Control
             Persons; Compliance with Section 16(a) of Exchange Act           13

Item 10.   Executive Compensation                                             14

Item 11.   Security Ownership of Certain Beneficial Owners and
             Management                                                       15

Item 12.   Certain Relationships and Related Transactions                     16

Item 13.   Exhibit List and Reports on Form 8-K                               16

Item 14.   Controls and Procedures                                            17

                                       2
<PAGE>

                                    PART I

Item 1. Business

     Recent Developments

     In October 2002, the Company completed the acquisition of Nebulous Records
Entertainment Group in the first of several expected acquisitions. This
acquisition will immediately provide an independent label with new artist
development opportunities.

     Form and Year of Organization

     Blue Moon Group, Inc. formerly known as Open Door Online, Inc., completed a
name change in October 2002.

     Forward Looking Statements

     When used in this report, the words "may, will, expect, anticipate,
continue, estimate project or intend" and similar expressions identify
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E Securities Exchange Act of 1934 regarding events,
conditions and financial trends that may effect our future plan of operation,
business strategy, operating results and financial position. Current
stockholders and prospective investors are cautioned that any forward-looking
statements are not guarantees of future performance and are subject to risks and
uncertainties and that actual result may differ materially from those included
within the forward-looking statements as a result of various factors. Such
factors are described under the headings "Business-Certain Considerations,"
"Management's Discussion and Analysis of Financial Condition and Results of
Operations," and the financial Statements and there associated notes.

     Important factors that may cause actual results to differ from projections
include, for example:

     *    the success or failure of management's efforts to implement their
          business strategy;

     *    our ability to protect our intellectual property rights;

     *    our ability to compete with major established companies;

     *    our ability to attract and retain qualified employees; and

     *    other risks which may be described in future filings with the SEC.

     General

     Blue Moon Group, Inc. is an entity that will provide traditional sales of
recordings of artists under distribution contracts and other prerecorded music
and recording operations. The Board of Directors has embarked on a search for
the acquisition of various businesses in the entertainment industry. The Company
is searching for active, profitable, positive cash flow opportunities with
seasoned management in place. The Company wishes to broaden its base of business
to include recording studios, artist development and marketing, concert
promotion, entertainment video production and distribution and marketing of
various entertainment-associated products.


                                       3
<PAGE>


     Principal Products or Services and Their Markets

     Blue Moon Group, Inc. produces music for distribution on various media and
markets pre-recorded music for online Internet-based sales.

     Competitive Business Conditions

     With respect to recorded music sales, Blue Moon Group sells products
through a distribution contract to numerous retailers, including traditional
music retail stores, chains and mega-stores, mass merchandisers, consumer
electronics stores and music clubs.

     With respect to the recording industry, Blue Moon Group competes with major
and other independent record labels in signing individual artists and groups to
its record label. Some of the independent record labels Blue Moon Group competes
with include TVT, Aftermath, Cash Money, Republic, Righteous Babe, Ruff Ryder
and Rounder Records. Competition from the major recording labels includes the
five major labels of Sony, Universal, WEA, EMI and BMG. The industry expects
independent record labels to increase their share of the market by more than 10%
over the next seven years. These five labels' current market share is
approximately 74%. Success in this industry is often based on the ability of the
record label to move decisively and quickly on music trends, artist signings and
promotion. Blue Moon Group may not be able to compete with other record labels
that have larger advertising and promotion budgets. Therefore, there is no
guarantee that we can successfully compete in this industry.

     Costs and Effects of Compliance with Environmental Laws

     We anticipate that we will have no material costs associated with
compliance with federal, state or local environmental law.

     Employees

     We currently have one (1) full time employee and six (6) consultants, two
of which have entered into service contracts.

     In November 2002, we entered into a three-year employment agreement with
Mr. Michael Muzio. Under the agreement, Mr. Muzio is entitled to receive a base
annual salary of $125,000.

     We may terminate any of the employment agreements for cause, as defined in
the agreements, or without cause. In addition, the employee may terminate the
agreement for "good reason" or upon the occurrence of a "change in control", as
both terms are defined in the agreements. In the event we terminate the
employment agreement without cause, the employee terminates the agreement for
"good reason", or upon the death or disability of the employee at any time prior
to the end of the term of the agreement, the employee is entitled to receive a
severance payment in an amount equal to the balance of the employee's base
salary due through the balance of the term of the agreement.

     Competition for qualified personnel in certain areas of our industry is
intense, particularly among software development and other technical staff. We
believe that our future success will depend in part on our continued ability to
attract, hire and retain qualified personnel.


                                       4
<PAGE>

     Certain Key Consultants

     The Company currently has one key Consultant providing acquisitions,
mergers and development services. Other Consultants will be added during the
second quarter of fiscal 2003 with the implementation of various re-organization
elements.

     Family Relationships

     There are no family relationships between the directors, executive officers
or any other person who may be selected as one of our directors or executive
officers.

     Compliance with Governmental Regulations

     We are unaware of any existing governmental regulations of our business as
presently conducted. In the future, we expect to be subject, both directly and
indirectly, to various laws and regulations relating to its business, although
there are few laws or regulations directly applicable today to access the
Internet. Due to the increasing popularity and use of the Internet, it is
possible that a number of laws and regulations will be adopted governing
commerce on the Internet. Such laws and regulations may cover issues such as
user privacy, pricing, content, copyrights, distribution, sales and other use
taxes and characteristics and quality of products and services. Further, the
growth and development of the market for online commerce may prompt calls for
more stringent consumer protection laws that may impose additional burdens on
those companies conducting business online. The enactment of any additional laws
or regulations could impede our ability to conduct our business, and could also
impede the growth of the Internet generally. Either or both of these events
could, in turn, decrease the demand for our business, or otherwise have an
adverse effect on us. The applicability to the Internet of existing laws in
various jurisdictions governing issues such as property ownership, sales and
other taxes, contests and sweepstakes, libel, personal privacy, rights or
publicity, language requirements and content restrictions, is uncertain and
could expose us to substantial liability.

     In addition, several telecommunications carriers are seeking to have
telecommunications over the Internet regulated by the Federal Communications
Commission (the "FCC") in the same manner as other telecommunications services.
For example, America's Carriers Telecommunications Association has recently
filed a petition with the FCC for this purpose. If the petitions are granted, or
if the relief sought therein is otherwise granted, the costs of communicating on
the Internet could increase substantially, potentially slowing the growth in use
of the Internet. Hearings have been held in the U.S. Senate during 2001 that
included recording industry executives, artists, distributors, internet
providers and recording watchdog agencies that may result in a clarification of
the market, its operations over the internet and the payment of fee's for
downloading material, methods of compiling royalties due and how to control
internet piracy.

     Any such new legislation, regulation, application or interpretation of
existing laws could have an adverse effect on our business, results of
operations and financial condition. U.S. and foreign laws regulate certain uses
of customer information and development and sale of mailing lists. We believe
that it is in material compliance with such laws, but new restrictions may arise
in this area that could have an adverse affect on Open Door Online.


                                       5
<PAGE>

ITEM 2. PROPERTIES

     Real Property. None currently.

     All prior leased space was relinquished during fiscal year 2002.

     Equipment. Blue Moon Group, Inc. currently owns approximately $248,798 of
equipment used in conjunction with its recording and production studio. Certain
recording equipment was illegally removed from the Company's possession and has
not been returned although a court order requiring its return has been issued.

     Music Library. Blue Moon Group, Inc. has a music library consisting of
original and digitally mastered music media from numerous artists from the
1940's through the 1990's. Blue Moon Group, Inc. owns certain of the master
recordings in the Library, and has nonexclusive license rights to the rest of
the recordings. Blue Moon Group, Inc. is currently in the process of purchasing
those master recordings to which it currently has only the nonexclusive license
rights. This library can be used to produce original singles and albums by the
various artists, used to score motion picture productions, television
productions and specialty productions. Blue Moon Group intends to utilize this
product through traditional CD production and sales and MP3 digital sales over
the Internet.

     Pursuant to industry standards, Blue Moon Group, Inc. is obligated to pay
artists royalties on units sold. Blue Moon Group, Inc. has valued this library
at the lower of the appraised value or the present value of the estimated cash
flow from the sale and utilization of these assets over the next seven years,
after consideration of production and distribution costs. We are actively
seeking strategic partners to utilize and distribute compilations of these
recordings.

     The Company released its first compilation, The Best of the Best, A Time
Remembered that was marketed in December 2001. Other compilations are expected
to be released in fiscal 2003.

ITEM 3. LEGAL PROCEEDINGS

     The Company was a party to suits that were either known to have been or
threatened to be filed against Genesis Media Group, Inc. prior to the time of
the acquisition and were not disclosed to the current management and some that
were defended but for which judgments were received. The Company had provided a
reserve for possible losses in 1999.

     To date eight suits filed after the merger of Open Door Records and Genesis
Media Group, Inc. have been awarded judgments or have been settled in an
aggregate amount of approximately $115,500 plus fee's, costs and interest.

     Management will be required to take action against the former officers,
directors and counsel that issued opinions that no litigation was known or
threatened prior to June 1, 1999 to recover the damages for the cost of defense
and the judgments and associated costs. In the event that such recovery becomes
a reality the Company expects that no additional charges will be needed to add
to the reserve. Of course legal fee's to cause the recovery are likely.


                                       6
<PAGE>


     In February 2001, the Company filed an action against Thomas R. Carley
seeking to enjoin him from selling 175,000 free-trading shares which he had not
paid for. The action was amended in May 2001 alleging breach of fiduciary duties
and other matters and added a defendant Camille Barbone.

     In May 2001, the Company brought suit against Camille Barbone in the
Superior Court of Rhode Island for breach of fiduciary duty and various other
complaints. The suit was answered after a delay but brought none of the counter
claims that were originally claimed in her suit against the Company meaning that
they may not ever be brought again against the defendants of either suit. Ms.
Barbone and Mr. Carley have signed settlement agreements resolving the matter.

     In 2001, the Company brought suit against Daniel Petronelli, et al, in the
Superior Court of Rhode Island for breach of fiduciary duty and various other
complaints. The suit was answered with a counter claims that seeks certain
payments. Negotiations are in process for settlement.

ITEM 4. SUBMISSION OF MATTERS

     None.
                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

     1. MARKET INFORMATION

     The following table sets forth high and low bid and asked prices derived
from the National Association of Securities Dealers Over the Counter Bulletin
Board Quotation System or for the periods of fiscal year 2002 and 2001.

                                    Bid Prices                 Ask Prices
                                 ---------------             --------------
                                 High        Low             High       Low
                                 ----        ---             ----       ---
Blue Moon Group, Inc.
2002
December 1  December 31      $ 4.80*     $ 2.65*         $ 3.80*    $ 2.25*
 *Post reverse 1:30

Open Door Online, Inc.
2002
January 1 - January 31          .10         .08             .10        .08
February 1 - February 29        .13         .08             .13        .08
March 1 - March 31              .11         .09             .11        .09
April 1 - April 30              .12         .06             .11        .06
May 1 - May 31                  .09         .06             .09        .06
June 1 - June 30                .09         .04             .09        .04
July 1 - July 31                .05         .02             .05        .02
August 1 - August 31            .01         .01             .01        .01
September 1 - September 30      .04         .01             .04        .01
October 1 - October 31          .04         .02             .04        .02
November 1 - November 30        .19         .03             .15        .03


                                       7
<PAGE>

Open Door Online, Inc.
2001
January 1 - January 31          .25         .17             .30        .20
February 1 - February 29        .17         .08             .16        .05
March 1 - March 31              .14         .06             .08        .05
April 1 - April 30              .13         .10             .10        .08
May 1 - May 31                  .10         .10             .10        .10
June 1 - June 30                .13         .07             .10        .07
July 1 - July 31                .13         .08             .10        .08
August 1 - August 31            .16         .14             .12        .08
September 1 - September 30      .24         .20             .17        .12
October 1 - October 31          .17         .14             .15        .10
November 1 - November 30        .18         .18             .15        .10
December 1 - December 31        .13         .09             .09        .09

     The above quotations are inter-dealer quotations, and the actual retail
transactions may involve dealer retail markups, markdowns, or commissions for
market makers of Blue Moon Group's stock. The prices quoted are based on the
then stock outstanding and has not been adjusted for mergers, exchanges, splits
or reverse splits. There can be no assurance the Common Stock will be accepted
for trading on an active public market. In addition, the shares of Common Stock
are subject to various governmental or regulatory body rules, which affect the
liquidity of the shares.

     As of April 11, 2003, except for 214,768 free trading shares, all other
shares issued by Blue Moon Group, Inc. are "restricted securities" within the
meaning of Rule 144 under the Securities Act of 1933. Ordinarily, under Rule
144, a person holding restricted securities for a period of one year may, every
three months, sell in ordinary brokerage transactions or in transactions
directly with a market maker an amount equal to the greater of one percent of
Blue Moon Group's then-outstanding Common Stock or the average weekly trading
volume during the four calendar weeks prior to such sale. Future sales of such
shares could have an adverse effect on the market price of the Common Stock.

(b) HOLDERS

     As of April 11, 2003, there were approximately 576 registered holders of
free-trading shares and 96 holders of Blue Moon Group's restricted Common Stock,
as reported by Blue Moon Group, Inc's. transfer agent. Some holders own both
free trading and restricted shares and would be included in both classifications
above.

(c) DIVIDENDS

     Blue Moon Group, Inc. has not paid any dividends on its Common Stock. Blue
Moon Group, Inc. currently intends to retain any earnings for use in its
operations and to finance the development and the expansion of its business.
Therefore, Blue Moon Group, Inc. does not anticipate paying cash dividends in
the foreseeable future. The payment of dividends is within the discretion of the
Board of Directors. Any future decision with respect to dividends will depend on
future earnings, future capital needs and the registrant's operating and
financial condition, among other factors.

(d) REPORTS TO SECURITY HOLDERS

     On January 4, 2000, we became a reporting company, subject to the reporting
requirements set forth under the 1934 Securities Exchange Act. We have filed all
required Forms 10-KSB, 10-QSB, 8-K and Schedules 13D along with appropriate
proxy materials for the annual meeting in fiscal 2001. In addition, Paragraph
16(a) of the Securities Exchange Act requires our executive officers and


                                       8
<PAGE>


directors, and persons who own 10% or more of a registered class of our equity
securities to file reports of ownership and changes in ownership with the
Securities and Exchange Commission if we and our equity securities meet certain
requirements.

     As of this date, we have not received or reviewed any filings under Section
16(a) from such individuals, including any filing on Forms 3, 4 or 5. If we
issue additional shares, we may file additional registration statements for
those shares.

     We believe that the following officers or former officers are delinquent in
certain filings described below. We have undertaken steps to insure the filing
of these documents within 5 days of the filing of this Form 10KSB.

     David N. DeBaene failure to file Form 4 for the month of February 2001 plus
February and March 2002.

     Michael Muzio and TF Investments failure to file Form 4 for the month's of
October and December 2002.

     Other documents may require filing and compliance will be forthcoming on
the advice of counsel.

     Also, to the extent we are required in the future to deliver annual reports
by the rules or regulations of any exchange upon which our shares are traded, we
intend to deliver annual reports. If we are not required to deliver annual
reports in the future for any reason, we do not intend to go to the expense of
producing and delivering such reports. If we are required to deliver annual
reports, they will contain audited financial statements as required. The public
may read and copy materials contained in our files with the Securities and
Exchange Commission at the Commission's Public Reference Room at 450 Fifth
Street, N.W., Washington, D.C. 20549. The public may obtain information on the
operation of the Public Reference Room by calling the Commission at
1-800-SEC-0330. The Commission maintains an Internet site that contains reports,
proxy and information statements, and other information regarding issuers that
file electronically with the Commission. The Internet address of the
Commission's site is (http://www.sec.gov).

2. RECENT SALES OF UNREGISTERED SECURITIES

     On December 5, 2002, Blue Moon Group, Inc. issued 16,800 restricted common
shares for the payment of debt, 972,250 restricted common shares were issued to
members of the Board of Directors and Advisory Committee's, and 823,333
restricted common shares in relation to employment agreements, consulting
agreements or employee bonuses. These shares were issued with reliance on an
exemption from registration requirements provided in Section 4(2) of the
Securities Act of 1933. These shares were issued on a post reverse basis.

     In October 2002, the Open Door Online, Inc. issued 18,000,000 restricted
common shares for the acquisition of Nebulous Records, Inc. The reverse
equivalent is 600,000 restricted common shares. These shares were issued with
reliance on an exemption from registration requirements provided in Section 4(2)
of the Securities Act of 1933.

     In March 2002, Open Door Online, Inc. issued 519,315 common shares to David
N. DeBaene for wages, 250,000 common shares to Richard P. Greene for services
and 500,000 common shares to Norman Birmingham for services rendered. These
shares were issued pursuant to Form S-8. Additionally, 200,000 restricted common
shares were issued to Steev Panneton for the acquisition of certain board games
that he had developed. Mission Bay Consultants was issued 1,000,000 restricted
common shares for services. 100,000 restricted common shares were issued to the
principals



                                       9
<PAGE>


of Anderson Associated for consulting related to a purchase contract. Mr. Thomas
Hill was issued 375,000 restricted common shares in consideration of a
consulting contract. These shares were issued with reliance on an exemption from
registration requirements provided in Section 4(2) of the Securities Act of
1933.

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

     The "Management's Discussion and Analysis of Financial Condition and
Results of Operations" included herein should be read in conjunction with the
financial statements for the years ended December 31, 2002 and for the year
ended December 31, 2001, respectively, and the related notes to each statement
appearing elsewhere in this Form 10-KSB. In addition to historical information,
the following discussion and other parts of this Form 10-KSB contain
forward-looking information that involves risks and uncertainties. Actual
results could differ materially from those anticipated by this forward-looking
information due to factors discussed in other sections of this Form 10-KSB.

     SIGNIFICANT ACCOUNTING POLICIES

     REVENUE

     We have adopted revenue recognition procedures in accordance with SEC Staff
accounting Bulletin No. 101 which requires different methods for various sales.
Revenue is recognized based on these four salient facts;

     Does the registrant

     1.   act as principal in the transaction,

     2.   take title to the products,

     3.   have the risk and rewards of ownership, such as loss of collection,
          delivery, or return, and

     4.   act as agent or broker (by performing services, in substance, as an
          agent or broker) with compensation on a commission or fee basis.

     Based on these qualification and in keeping with APB Opinion No. 22
paragraph 12 which states that, "the disclosure should encompass important
judgments as to the appropriateness of principles relating to revenue
recognition"' we offer the following:

     Revenue from sales of studio time are recorded when known.

     Revenue from the sale of merchandise, recordings or marketable items owned
by us are recorded at the time of sale. The exception to this statement is for
items sold wholesale to retailers or other distributors who have the right to
return product for up to one year.

     STOCK BASED COMPENSATION

     We have adopted the provisions of SFAS 123, Accounting of Stock-Based
Compensation, in accounting for stock-based transactions of non-employees and,
accordingly, record compensation expense in the statements of operations for
such transactions. We continue to apply the provisions of APB 25 for
transactions with employees, as permitted by SFAS 123.


                                       10
<PAGE>


     HISTORICAL

     Our historical financial data presented below has been derived from the
financial statements of Blue Moon group, Inc. and its predecessors, including
the notes thereto, appearing elsewhere herein.

     The financial data includes the results of operations of Blue Moon Group,
Inc. for December 31, 2002 and Open Door Online, Inc. for December 31, 2001.

                                           December 31,           December 31,
                                               2002                   2001
                                               ----                   ----
Summary of Operations
Net Revenues                              $          0          $    (32,243)
Forgiveness of Debt                             61,821                     0
Cost of Sales                                    9,391                     0
Gross Profit                                    52,430               (32,243)
Operating Expenses                           3,810,965               579,924
Net Profit (Loss)                           (4,059,577)             (612,167)
Summary Balance Sheet Data
Total Assets                              $  8,069,435          $ 10,501,696
Total Liabilities                              945,007             1,917,604
Shareholder's Equity                         7,124,428             8,584,092

     Blue Moon Group, Inc. completed the acquisition of Nebulous Records, Inc.
in October 2002 in what is expected to be the first of several acquisitions
contemplated.

     No revenue was recorded in this fiscal year as management spent the year
implementing the shift in its focus described in 2001.

     Subsequent to this acquisition the management immediately began soliciting
additional financing. As of the end of the fiscal year sources for potential
funding had been identified and negotiations are currently ongoing.

     2001

     Open Door Online, Inc. had chosen to shift its focus to become a holding
company for existing entertainment operations that operate as wholly owned
subsidiaries. These subsidiaries are to be in recording, artist development
concert promotion and additional marketing of entertainment related products.

     Several contacts had been made with reputable entertainment industry
managers that will allow the Company to acquire operations to meet its newly
defined business model. Financing for various acquisitions and promotions is
currently being sought. While there is no guarantee that the financing will be
secured, management is confident that with the recovering economy financing
opportunities will be more readily available.

     RESULTS OF OPERATIONS

     SALES

     From inception to December 31, 2002, revenues have primarily consisted of
the sale of CD's from our distribution division, Open Door Records, and from the
commercial operations of Open Door Studios through December 31, 2002. Sales were
$0 in fiscal 2002 compared to $(32,243) as a result of product returns at
December 31, 2001. No product shipments occurred in 2002 and limited new
shipments of product were made during 2001 and were surpassed by returns of
previously shipped products.


                                       11
<PAGE>


     COST OF SALES

     Cost of Sales, primarily represent CD and fulfillment operations and artist
record promotions and royalties plus studio engineering cost. The Cost of Sales
for the year ended December 31, 2002 was $9,391 and were $0 for the year ending
December 31, 2001.

     SALES AND MARKETING EXPENSE

     Sales and marketing expense consists primarily of direct marketing
expenses, promotional activities, salaries and costs related to website
maintenance and development. We anticipate that overall sales and marketing
costs will increase significantly in the future; however, sales and marketing
expense as a percentage of net revenue may fluctuate depending on the timing of
new marketing programs and addition of sales and marketing personnel.

     Expenses of $0 for the year ended December 31, 2002 and $10,632 were
incurred for the year ended December 31, 2001. This decrease was directly
relational to the lack of promotional expenses for marketing new artists.

     CONSULTING EXPENSES

     Consulting expenses for web site maintenance and hosting after the
completion of the initial development process was completed and consultants
surrounding the implementation of artist signing and promotions added $5,000 to
the expenses for the year ended December 31, 2001 compared with $199,455 for the
year ended December 31, 2002. The increase is attributable to agreements for the
formulation of distribution agreements, artist recording solicitations and the
search for investors.

     GENERAL AND ADMINISTRATIVE

     General and administrative expense consists primarily of salaries, legal
and other administrative costs, fees for outside consultants and other overhead.
General and administrative expense was $456,807 for the year ended December 31,
2002 compared to $533,547 for the year ended December 31, 2001. It is
anticipated that overall general and administrative expense will decrease as a
percentage of revenue as revenue increases. These expenses were reduced
substantially in 2002 continuing a trend that began in the fourth quarter of
fiscal 2000 and will decrease further with the reduction of payroll, public
company related costs, reduced rents and professional fees. Operating costs for
facilities and a reduction in travel expenses are the primary reasons for the
decline.

     DEPRECIATION EXPENSE

     Depreciation and amortization expenses increased to $3,071,153 from $70,957
in the years ended December 31, 2002 and December 31, 2001, respectively. The
increase was attributed to the write down in value of the music library.

     INTEREST EXPENSE

     Net interest expense for the year ended December 31, 2002 was $40,994.
Comparable interest costs for the year ended 2001 were $40,212.

     LIQUIDITY AND CAPITAL RESOURCES

     As of December 31, 2002 we had $0. Bills were being paid on as needed basis
with funds borrowed by the Company up to the required amount for payment.
Historically we have financed our operations with short-term convertible debt or
through the issuance of equity in the form of our common stock. During the year


                                       12
<PAGE>


ended December 31, 2002 we borrowed $16,955. During the period ended December
31, 2001 we raised $163,023 through issuance of notes. New capitalization will
be required in the event a merger, sale or acquisition of a subsidiary with cash
reserves is completed. There is no assurance that we will be successful in
raising the required capital or completing any other transaction.

     FUTURE PLAN OF OPERATION

     Our objective is to create revenue from strategic alliances capable of
promoting and distributing compilations from our music library. We intend a
merger or acquisition to provide a solid base for the future. The operations
have been pared to the bare minimum with the President being the only full time
contracted employee and a part-time contracted Chief Financial Officer that will
need to be replaced in early 2003.

ITEM 7. FINANCIAL STATEMENTS

     The financial statements for this section may be found beginning with page
F-1.

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
        FINANCIAL DISCLOSURE

     There has been no disagreement with our independent auditor.

                                    PART III

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE
        WITH SECTION 16(a) OF THE EXCHANGE ACT

     As of May 15, 2002, our directors and executive officers, their ages,
positions, the dates of their initial election or appointment as director or
executive officer, and the expiration of the terms as directors are as follows:

            Name           Age                     Position
            ----           ---                     --------

     Michael Muzio          38   President, Chief Executive Officer and Director

     Norman J. Birmingham   48   Chief Financial Officer

     BUSINESS EXPERIENCE

     Mr. Michael Muzio became President and Director upon the completion of the
Nebulous Records, Inc. transaction in October 2002. In 1999 Mr. Muzio founded
Nebulous Records where he had four dance hits on the Billboard charts. Mr. Muzio
was the CEO and founder of TrimFast, Inc. (NASDQ: TRIM)in 1991 where he remained
until 1999.

     Norman J. Birmingham is currently the President of American Commerce
Solutions, Inc. (OTCBB: AACS) having been selected for the position in March
2002. He has served as President of Patina Corp., a holding company for
construction demolition and asbestos abatement companies and other operations,
since April of 1999 and subsequently after a merger with American Commerce
Solutions, Inc. f/k/a JD American Workwear, Inc. a director, treasurer and Chief
Financial Officer from January 2000 to April 2001. From September 1998 to
January 1999, Mr. Birmingham served as Chief Financial Officer of Mediforce,
Inc., a medical products company. Mr. Birmingham was Chief Financial Officer for
General Environmental Technologies, Inc., a holding company for three demolition
companies, from January 1998 to September 1998. From November 1995 to August


                                       13
<PAGE>


1997, he served as President and Chief Financial Officer for Westmark Group
Holdings, Inc., a holding company for wholesale mortgage companies. In addition,
he served as President of Heart Labs of America, Inc. from November 1995 to June
1996. Mr. Birmingham was President of Budget Services and provided accounting,
tax and financial planning services from September 1986 to July 1997. Mr.
Birmingham became an officer of Open Door Online in February 2000 and a director
in June 2000. Mr. Birmingham is also the Chief Financial Officer of Neometrix
Technology Group, Inc. beginning that role in February 2003.

     Our directors are elected at the annual meeting of stockholders and hold
office until their successors are elected and qualified. Our officers are
appointed by the Board of Directors and serve at the pleasure of the Board and
subject to employment agreements, if any, approved and ratified by the Board.

ITEM 10. EXECUTIVE COMPENSATION

     No compensation or directors fees have been paid to any executive officers
or directors of Open Door Online or Open Door Records, Inc. from November 1997,
the date of Open Door Records' inception, to the date hereof. In November 2002
we entered into three-year employment agreements with Mr. Muzio. Under the
agreement he is entitled to receive a base annual salary of $125,000 during the
period of November 15, 2002 to December 31, 2003. The salary will be increased
annually, effective January 1st of each year, except in year one, by an amount
of 4% or higher as determined by the Board of Directors.

     Compensation paid to the officers and directors of Open Door Records, Inc.,
and Blue Moon Group, Inc. and Open Door Online, Inc. during the three years
ended December 31, 2002 was as follows:

                           SUMMARY COMPENSATION TABLE

                                                 Long Term Compensation

                        Annual Compensation            Awards
                ---------------------------------  --------------------
(a)         (b)       (c)         (d)       (e)      (f)        (g)

                                           Other    Restricted  Securities
Name and                                   Annual    Stock    Underlying
Principal                                  Compensa- Award(s)  Options/
Position     Year   Salary($)   Bonus ($)   tion ($)  ($)      SARs (#)
--------     ----   ---------   ---------   --------  ---      --------
Michael
Muzio
Pesident     2002    $ 22,500    $ - 0 -    $ - 0 -  $ - 0 -    $-0-

CEO and
President    2002    $ -0-       $ - 0 -    $ - 0 -  $8,000     $-0-
David N.     2001    $110,083    $ - 0 -    $ - 0 -  $ - 0 -    $-0-
DeBaene      2000    $ 24,574

     STOCK OPTION PLAN

     We currently provide no stock option plan. However, with the approval of
the Board of Directors, we may ask the shareholders to approve such a plan at
any meeting of the shareholders following the submission of this Form 10-KSB.

     OPTIONS/SAR GRANTS IN LAST FISCAL YEAR
               (INDIVIDUAL GRANTS)

     None.


                                       14
<PAGE>

     AGGREGATED OPTION/SAR EXERCISES IN THE LAST FISCAL YEAR
            AND FISCAL YEAR-END OPTION/SAR VALUES

     None.

     COMPENSATION COMMITTEE

     NONE

     LIMITATION OF DIRECTORS' LIABILITY

     Our Articles of Incorporation eliminate, to the fullest possible extent
permitted by New Jersey law, and now pursuant to our reincorporation in
Delaware, the personal liability of our directors for monetary damages in
relation to breaches of fiduciary duty. However, these articles do not provide
for the elimination or limitation of the personal liability of a director for
acts or omissions that involve intentional misconduct, fraud or knowing
violation of the law, or unlawful corporate distributions. These provisions will
limit the remedies available to the stockholder who is dissatisfied with a
decision of the board of directors protected by these provisions, and the
stockholders' only remedy may be to bring suit to prevent the action of the
board. This remedy may not be effective in many situations because stockholders'
are often unaware of a transaction or an event before the board's action. In
these cases, our stockholders and our company could be injured by a board's
decision and have no effective remedy.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS

                                                         Shares
                                                      Beneficially  Percent of
Title of Class         Name/Address of Owner             Owned        Class
--------------         ---------------------             -----        -----
     Common            Michael Muzio                     300,000       7.97%
                       4957 Garland Branch Rd.
                       Dover, FL

     Common            TF Investments                    300,000       7.97%

     Common            Norman J. Birmingham               55,133        .15%

     Common            All Officers and Directors
                       And holders over 5% per           655,133      17.41%

     Common            All Officers and Directors        355,133       9.43%

Notes:    (i)   All Percentages are calculated based upon 3,764,023 shares
                outstanding as of the date of the filing of this Form 10-KSB.

          (ii)  All common shares are entitled to 1 vote per share. There are no
                other shares with voting rights.


                                       15
<PAGE>

     SECURITY OWNERSHIP OF MANAGEMENT

                                                        Shares
                                                     Beneficially    Percent of
Title of Class         Name/Address of Owner            Owned          Class
--------------         ---------------------            -----          ------
     Common            Michael Muzio                    300,000         7.97%

     Common            Norman J. Birmingham             55,133          .15%

     (1) All percentages are calculated based upon 3,764,023 shares of common
stock of Blue Moon Group issued and outstanding as of the date of filing this
Form 10-KSB.

     CHANGES IN CONTROL

     There are no known or contemplated arrangements, which may result in a
change of control.

     ESCROW OF SHARES

     We currently have held through our Escrow Agent, Mr. Thomas Connors, Esq.
100,000 restricted common shares of the stock belonging Don R. Logan pursuant to
the fulfillment or completion of certain provisions of the Acquisition Agreement
dated June 17, 1999 between Genesis Media Group, Inc. and Open Door Records,
Inc.

ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     None.

ITEM 13. EXHIBITS, LIST AND REPORTS ON FORM 8-K

     (a)  The following exhibits are to be filed as part of this Form 10-KSB,
          all items have been previously filed with Form 10-SB/A:

EXHIBIT NO.                IDENTIFICATION OF EXHIBIT


3.1*      Articles of Incorporation

3.2*      By-laws

10.1*     Stock Exchange Agreement between Genesis Media Group, Inc. and Open
          Door Records, Inc. Employment Agreement between Open Door Online, Inc.
          and 10.2* David N. DeBaene

10.3*     Employment Agreement between Open Door Online, Inc. and Camille M.
          Barbone

10.4*     Employment Agreement between Open Door Online, Inc. and Norman J.
          Birmingham

10.5*     Employment Agreement between Open Door Online, Inc. and Thomas Carley

10.6*     Exclusive Distribution Agreement between Richard Wagner d/b/a Wagner
          Music Group and Open Door Music Distribution


                                       16
<PAGE>


10.7*     Exclusive Recording Contract between Open Door Records, Inc. and
          Christopher O'Hara, Daniel Roselle, James Farrell, and Walter Lockhart
          (No Soap Radio)

10.8*     License Agreement between Intershow Records AG and Open Door Music

10.9*     Agreement between LiveOnTheNet.com and Open Door Music, Inc.

10.10*    Exclusive Distribution Agreement between KnowSavage Productions, Inc.
          and Open Door Music Distribution

10.11     Employment Agreement between Blue Moon Group, Inc. and Michael Muzio.

10.12     Purchase Agreement between Open Door Online, Inc. and Nebulous
          records, Inc.

99.1      Certification Pursuant to 18 U.s.c. Section 1350, as Adopted
          Pursuant to Section 906 of the Sarbanes-oxley Act of 2002

99.2      Certification Pursuant to 18 U.s.c. Section 1350, as Adopted
          Pursuant to Section 906 of the Sarbanes-oxley Act of 2002


* Previously filed as exhibits to Form 10-SB/A

ITEM 14. CONTROLS AND PROCEDURES

     The Company maintains disclosure controls and procedures (as defined in
Rule 13a-14 of the Exchange Act) that are designed to ensure that information
required to be disclosed in the Company's Exchange Act report 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 Chief Executive Officer and
Chief Financial Officer, as appropriate, to allow timely decisions regarding
required disclosure. In designing and evaluating the disclosure controls and
procedures, management recognized that any controls and procedures, no matter
how well designed and operated, can provide only reasonable assurance of
achieving the desired control objectives and management necessarily was required
to apply its judgment in the evaluating the cost-benefit relationship of
possible controls and procedures.

     Within 90 days prior to the filing date of this report, the Company carried
out an evaluation, under the supervision and with the participation of the
Company's management, including the Company's Chief Executive Officer and Chief
Financial Officer, of the effectiveness of the design and operation if the
Company disclosure controls and procedures. Based on the foregoing, the
Company's Chief Executive Officer and Chief Financial Officer concluded that the
Company's disclosure controls and procedures were effective.

     There have been no significant changes in the Company's internal controls
or in the factors that could significantly affect the internal controls
subsequent to the date the company completed its evaluation.



                                       17
<PAGE>

SIGNATURES

     In accordance with the section 13 or 15(d) of the Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

DATED: April 14, 2003                   BLUE MOON GROUP, INC.

                                        By: /s/ MICHAEL MUZIO
                                            -------------------------------
                                                Michael Muzio
                                                CEO, President and Director

     In accordance with the Exchange Act, this report has been signed below by
the following persons on behalf of the registrant and in the capacities and on
the dates indicated.

SIGNATURE                        TITLE                             DATE
-----------                      -----                             ----

/s/ Michael Muzio               Director                          April 14, 2003

/s/ Norman J. Birmingham        Chief Financial Officer           April 14, 2003


                                       18
<PAGE>


                                 CERTIFICATIONS

I, Michael Muzio, certify that:

1. I have reviewed this annual report on Form 10-KSB of Blue Moon Group, Inc.;

2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a. designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this annual report is being prepared;

b. evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and

c. presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

a. all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

b. any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this
annual report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls subsequent
to the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


/s/ MICHAEL MUZIO
----------------------------
Michael Muzio                                           April 14, 2003


                                       19
<PAGE>

I, Norman J. Birmingham, certify that:

1. I have reviewed this annual report on Form 10-KSB of Blue Moon Group, Inc.;

2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a. designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this annual report is being prepared;

b. evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and

c. presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

a. all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

b. any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this
annual report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls subsequent
to the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.


/s/ NORMAN J. BIRMINGHAM
----------------------------------------
NORMAN J. BIRMINGHAM                                    April 14, 2003



                                       20


                          PART F/S FINANCIAL STATEMENTS

                          INDEX TO FINANCIAL STATEMENTS






BLUE MOON GROUP, INC.:

Report of Independent Accountants......................................F-2

Balance Sheet - December 31, 2002   ...................................F-3

Statements of Operations for the two years
       ended December 31, 2002 ........................................F-4

Statements of Stockholders' Equity for the
       two years ended December 31, 2002 ..............................F-5

Statements of Cash Flows for the two years
       ended December 31, 2002 ........................................F-6

Notes to Financial Statements for the
       two years ended December 31, 2002 ..........................F-7 - F-12



                                      F-1
<PAGE>

                        Report of Independent Accountants



To The Board of Directors
Blue Moon Group, Inc.
Dover, Florida

We have audited the accompanying balance sheets of Blue Moon Group,
Inc.(formerly Open Door Online, Inc.) as of December 31, 2002 and the related
statements of operations, stockholders' equity and cash flows for the two years
then ended. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial
statements based on our audit.

We conducted our audits in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a
reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all materials respects, the financial position of Blue Moon Group, Inc. as of
December 31, 2002 and the results of operations and its cash flows for the two
years then ended in conformity with accounting principles generally accepted in
the United States of America.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note 1 to the
financial statements, the Company has suffered recurring losing from operations
and has depleted working capital that raises substantial doubt about its ability
to continue as a going concern. Management's plans in regard to the matters are
also described in Note 1. The financial statements do not include any adjustment
that might result from the outcome of this uncertainty.


                                                 James C. Marshall, CPA, P.C.

Scottsdale, Arizona
April 14, 2003


                                      F-2
<PAGE>

                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                                  Balance Sheet
                      for the year ended December 31, 2002


                                                                    December 31,
        ASSETS                                                         2002
                                                                   ------------
Current Assets
 Cash and cash equivalents                                         $         --
 Accounts receivable - trade                                             28,000
 Loans receivable - trade                                               183,624
 Prepaid expenses                                                     1,298,687
 Inventories                                                             30,000
                                                                   ------------

      Current Assets                                                  1,540,311

Property and equipment, net                                             248,798
Intellectual assets, net                                                 27,000
Goodwill                                                                 10,000
Music library (Notes 2 and 4)                                         6,105,005
Publishing & Copyrights                                                 130,521
Marketable securities                                                     7,800
                                                                   ------------

Total Assets                                                       $  8,069,435
                                                                   ============

        LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
 Accounts payable                                                  $    238,502
 Payroll taxes and accrued expenses                                     218,649
 Judgements payable                                                      92,166
 Notes payable                                                          365,690
                                                                   ------------

      Current Liabilities                                               915,007
                                                                   ------------

Long term liabilities
 Related party note payable                                              30,000
                                                                   ------------

      Total Liabilities                                                 945,007

Stockholders' Equity
 Preferred stock, .001 par value;
  5,000,000 shares authorized, 0 issued and outstanding                      --
 Common stock, .001 par value;
  50,000,000 shares authorized, 3,140,483
  and 1,906,316 issued and outstanding,
  respectively (Note 7)                                                   1,906
 Additional paid-in capital                                          13,332,179
 Retained earnings                                                   (6,209,657)
                                                                   ------------

      Total Stockholders' Equity                                      7,124,428
                                                                   ------------

Total Liabilities and Stockholders' Equity                         $  8,069,435
                                                                   ============

The accompanying notes are an integral part of these financial statements


                                      F-3
<PAGE>

                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                            Statements of Operations
                    for the two years ended December 31, 2002


                                                           December 31,
                                                   ----------------------------
                                                       2002             2001
                                                   -----------      -----------
Revenue
Sales                                              $        --      $   (32,243)
Forgiveness of debt                                     61,821               --
Cost of Sales                                            9,391               --
                                                   -----------      -----------
Gross profit                                            52,430          (32,243)

Operating expenses
 Administrative expenses                               655,262          119,555
 Salaries and payroll taxes                             22,500           95,000
 Professional and outside services                      62,050          294,412
 Amortization and depreciation                       3,071,153           70,957
                                                   -----------      -----------
      Total Operating Expense                        3,810,965          579,924
                                                   -----------      -----------

 Loss from operations                               (3,758,535)        (612,167)
                                                   -----------      -----------
Other expenses
 Interest expense                                       40,994           40,212

Loss on disposal of property and equipment             260,048               --
                                                   -----------      -----------

Loss before income taxes                            (4,059,577)        (652,379)
                                                   -----------      -----------

Provision (benefit) of income taxes                         --               --
                                                   -----------      -----------

Net loss                                           $(4,059,577)     $  (652,379)
                                                   ===========      ===========

Net loss per common share (Note 8)                 $     (4.68)     $     (1.15)
                                                   ===========      ===========

Weighted average shares outstanding                    866,947          567,341
                                                   ===========      ===========


The accompanying notes are an integral part of these financial statements


                                      F-4
<PAGE>

                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                       Statements of Stockholders' Equity
                    for the two years ended December 31, 2002
<TABLE>
<CAPTION>
                                                Common Stock
                                         --------------------------        Paid in      Accumulated
                                            Shares         Amount          Capital        Deficit          Total
                                         -----------     -----------     -----------    -----------     -----------
<S>                <C>                       <C>         <C>             <C>            <C>             <C>
Balance at January 1, 2001                   396,466     $       396     $10,312,787    $(1,497,701)    $ 8,815,482

Issuance of Common Stock                     177,922     $       178         370,801             --         370,979

Issuance of stock for services                55,567     $        56          49,954             --          50,010

Net Loss                                          --              --              --       (652,379)       (652,379)
                                         -----------     -----------     -----------    -----------     -----------

Balance at December 31, 2001                 629,955     $       630     $10,733,542    $(2,150,080)    $ 8,584,092
                                         -----------     -----------     -----------    -----------     -----------

Issuance of Common Stock                      98,144              98         329,797             --         329,895

Acquisition of Nebulous Records, Inc.        600,000             600         539,400             --         540,000

Issuance of stock for services               578,217             578       1,729,440             --       1,730,018

Net Loss                                          --              --              --     (4,059,577)     (4,059,577)
                                         -----------     -----------     -----------    -----------     -----------

Balance at December 31, 2002               1,906,316     $     1,906     $13,332,179    $(6,209,657)    $ 7,124,428
                                         ===========     ===========     ===========    ===========     ===========
</TABLE>


The accompanying notes are an integral part of these financial statements


                                      F-5
<PAGE>


                       Blue Moon Group Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                            Statements of Cash Flows
                    for the two years ended December 31, 2002
<TABLE>
<CAPTION>

                                                                   December 31,
                                                          ---------------------------
                                                              2002            2001
                                                          -----------     -----------
<S>                                                       <C>             <C>
Cash Flows From Operating Activities
 Net income (loss)                                        $(4,059,577)    $  (652,379)
 Adjustments to reconcile net loss to net
 cash used by operating activities
 Amortization and depreciation                              3,071,153          70,957
  Issuance of stock for services                            1,730,018          50,010
  Loss on disposal                                            260,048              --
                                                          -----------     -----------
 Changes in cash flows used by operating activities         1,001,643        (531,412)

Changes in operating assets and liabilities (net
 of effects from acquisition of business):
 Accounts receivable                                           38,650          40,953
 Loans receivable - trade                                     (73,465)         (4,265)
 Prepaid expenses                                          (1,298,687)             --
 Inventory                                                    (20,152)         (1,245)
 Accounts payable                                            (162,921)        (15,712)
 Accrued payroll, taxes                                      (360,778)        348,658
                                                          -----------     -----------
 Net cash flow used by operating activities                (1,877,353)        368,389
                                                          -----------     -----------
Cash flows from investing activities
 Acquisition of property, plant and equipment                (209,917)
 Disposition of Assets, net of depreciation                 1,137,967              --
                                                          -----------     -----------
 Net cash used by investing activities                        928,050              --
                                                          -----------     -----------

Cash flows from financing activities
 Proceed from issuance of debt net of repay                        --         163,023
    Net repayment of debt                                     (52,340)             --
                                                          -----------     -----------
 Net cash provided by financing activities                    (52,340)        163,023
                                                          -----------     -----------

  Net increase (decrease) in cash and cash equivalents             --              --

  Cash at January 1,                                               --              --
                                                          -----------     -----------

  Cash at end of period                                   $        --     $        --
                                                          ===========     ===========
</TABLE>


The accompanying notes are an integral part of these financial statements



                                      F-6
<PAGE>

                     Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                   Consolidated Notes to Financial Statements
                    for the two years ended December 31, 2002


Note 1 - Organization

         In October, 2002, the Company reincorporated in the state of Delaware
and changed its name to Blue Moon Group, Inc. The predecessor, Open Door
Records, Inc. ("Open Door") was incorporated in the state of Rhode Island on
November 20, 1997. As the surviving entity from a merger with Genesis Media
Group, Inc. in June 1999 Open Door Online, Inc. is a New Jersey corporation
formed on June 20, 1987. In October, 2002, the Company acquired Nebulous
Records, Inc., a Florida corporation involved in the music business. Nebulous
was incorporated in February 2002 and has had only limited operations.

Going-concern and management plans
----------------------------------

         The accompanying financial statements have been prepared assuming that
the Company will continue on a going concern basis, which contemplates the
realization of assets and the satisfaction of liabilities in the normal course
of business. The Company had limited operations in 2002 and 2001, had losses of
$4,059,577 and $652,379 for the years ended December 31, 2002 and 2001,
respectively, and has exhausted its limited working capital reserves. The
Company expects to face many operating and industry challenges and will be doing
business in a highly competitive industry.

         Capital reserves at December 31, 2002 were essentially depleted. As a
result, the Company has severely restricted operations. The Company is trying to
raise additional working capital through various debt and equity arrangements.
If sufficient operating funds can not be obtained, profitability of operations
achieved, or satisfactory joint venture arrangements made, the Company will
probably not be able to continue as a going concern. These financial statements
do not include any adjustments relating to the recoverability and
classifications of carrying amounts that might result should the Company be
unable to continue as a going-concern.

Note 2 - Summary of Significant Accounting Policies

         The summary of significant accounting policies of Open Door Records,
Inc. is presented to assist in understanding the Company's financial statements.
The financial statements and notes are representations of the Company's
management. Management is responsible for their integrity. The accounting
policies conform to generally accepted accounting principles and have been
consistently applied in the preparation of the financial statements.

Principles of Consolidation
---------------------------

         The consolidated financial statements include the accounts of the
Company and its wholly-owned subsidiary. Intercompany transactions have been
eliminated.



                                      F-7
<PAGE>


                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                   Consolidated Notes to Financial Statements
                    for the two years ended December 31, 2002
                                   (Continued)


Note 2 - Summary of Significant Accounting Policies (continued)

Line of Business
----------------

         The business of the Company to date has derived revenue from the
promotion, production and studio recording services to music artists. The
Company has various distribution contracts for recorded music from which the
majority of its revenue is derived.

Revenue Recognition
-------------------

         Revenue is generally recognized upon shipment to the customer or upon
completion of the services and is fully earned.

Equipment and Depreciation
--------------------------

         Depreciation has been provided on a straight-line basis for financial
accounting purposes using the straight-line method over the shorter of the
asset's estimated life or the lease term. The estimated useful lives of the
assets are as follows:

Record and production equipment             5-7 Years
Website Development                         5-7 Years
Leasehold improvements                     3-10 Years

Master Music Library
--------------------

         The master music library consists of original and digitized masters of
well known artists. The Company has the right to produce, sell, distribute or
otherwise profit from its utilization of this library subject to industry
standard royalty fees to be paid to artists as copies of the product are sold or
distributed. The Company will amortize the library on a units sold basis in
accordance with SFAS 50 that relates the capitalized costs to estimated net
revenue to be realized. When anticipated sales appear to be insufficient to
fully recover the basis, a provision against current operations will be made for
anticipated losses.


                                      F-8
<PAGE>


                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                   Consolidated Notes to Financial Statements
                    for the two years ended December 31, 2002
                                   (Continued)


Note 2 - Summary of Significant Accounting Policies (continued)

Use of Estimates
----------------

         The financial statements have been prepared in accordance with
generally accepted accounting principles and necessarily include amounts based
on estimates and assumptions by management. Actual results could differ from
those amounts. Significant estimates include amounts for litigation, royalties
inventory and accounts receivable exposure.

Comprehensive Net Loss
----------------------

         There is no difference between the Company's net loss as reported for
any of the periods reported herein and the Company's comprehensive loss, as
defined by the Statement of Financial Accounting Standards No. 130.

Note 3 - Property and Equipment

         Depreciation and amortization for the years ended December 31, 2002 and
2001 were $3,071,153 and $70,957, respectively.

Property plant and equipment consist of the following:

                                                            December 31,
                                                       ------------------------
                                                          2002           2001
                                                       ---------      ---------
Production equipment                                   $ 218,561      $ 132,305
Office equipment, furniture and fixtures                  36,232         10,375
                                                       ---------      ---------
                                                         254,793        142,680
Less accumulated depreciation and amortization            (5,995)       (82,676)
                                                       ---------      ---------
                                                       $ 248,798      $  60,034
                                                       =========      =========


                                      F-9
<PAGE>


                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                   Consolidated Notes to Financial Statements
                    for the two years ended December 31, 2002
                                   (Continued)


Note 4 - Music Library

         The Company periodically reviews the carrying value of its music
library to determine whether an impairment exists. The Company considers
relevant potential cash flow and profitability information for the related
products in assessing whether the carrying value of music publishing rights can
be recovered. Because of competition in the market, difficulty in financing
potential sales and modification of management's plans for utilization, during
2002 the Company determined that the carrying value of its music library will
not be recovered from the undiscounted future cash flows of the related product.
Accordingly, the Company recorded a writedown of $3,050,000, which is included
in amortization expense in the accompanying statement of operations.
Amortization expense related to the music library, including the impairment
charge, was $3,050,000 in 2002 .

Note 5 - Related Party Debt

         Debt is due to the president of the Company and others for cash
advances made to the Company for working capital. Advances during the years
ended December 31, 2002 and 2001 were $30,000 and $64,650, respectively. The
ending balances at December 31, 2002 and 2001 were $30,000 and $394,950,
respectively and interest expense for the periods was $196 and $40,212,
respectively.

Note 6 - Income Taxes

         The tax-free exchange with Genesis creates a difference in the basis of
the assets between tax basis and accounting basis. At December 31, 2002, the tax
basis of the assets is approximately $1,092,000 greater than the accounting
basis. In the future, as assets are disposed of, depreciated, or amortized, or
liabilities are paid, the deduction for tax purposes will be greater than the
book basis, resulting in reduced tax expense or greater net operating loss
carryover for tax purposes than would otherwise be expected. There is no
certainty as to the timing of such recognition nor that the Company will be able
to fully utilize these differences.


                                      F-10
<PAGE>

                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                   Consolidated Notes to Financial Statements
                    for the two years ended December 31, 2002
                                   (Continued)


Note 6 - Income Taxes (continued)

The components of deferred tax assets and liabilities are as follows:

                                                            December 31,
                                                    ---------------------------
                                                        2002            2001
                                                    -----------     -----------
Tax effects of carryforward benefits:
         Net operating loss carryforwards           $ 1,746,000     $   280,000
                                                    -----------     -----------
Tax effects of carryforwards
   Tax effects of future taxable differences and
         carryforwards                                1,746,000         280,000
Less deferred tax asset valuation allowance          (1,746,000)       (280,000)
                                                    -----------     -----------
Net deferred tax asset                              $        --     $        --
                                                    ===========     ===========

         Realization of the net deferred tax assets is dependent on generating
sufficient taxable income prior to their expiration. Tax effects are based on a
9.0% state and 34.0% federal income tax rates for a net combined rate of 43%.
The tax effects of the acquired business combination have not been recognized in
the current or prior periods but will be recognized in future periods, at which
time if the current period taxable income is insufficient to offset such charges
for tax purposes, the effect will be available to the Company over the
succeeding 20 years. The realized net operating losses expire as follows:

                  2019                      $    606,000
                  2020                           878,000
                  2021                           652,000
                  2022                         1,010,000
                                            ------------
                           Total            $  3,146,000
                                            ============

         A valuation allowance has been provided for the full deferred tax asset
amount due to the lack of operating history and operating losses in recent
periods. When realization of the deferred tax asset is more likely than not to
occur, the benefit related to the differences will be recognized as a reduction
of income tax expense. Additionally, the tax greater tax basis of $1,092,000
would be available for tax depreciation, reduced gain or increased loss upon
disposition of the Music Library.

Note 7 - Preferred Stock

         In October 2002 the Company authorized 5,000,000 shares of preferred
stock at a par value of $.001. No preferred stock has been issued.


                                      F-11
<PAGE>


                      Blue Moon Group, Inc. and Subsidiary
                        (formerly Open Door Online, Inc.)
                   Consolidated Notes to Financial Statements
                    for the two years ended December 31, 2002
                                   (Continued)

Note 8 - Common Stock

         On November 18, 2002 the Company declared a 1 for 30 reverse stock
split of the outstanding common stock. The reverse stock split was effected
after the market close on November 28, 2002, thereby reducing 39,842,970 shares
of issued common stock to 1,328,099 shares. In conjunction with the
reincorporation of the Company the par value per share of common stock was
changed from $0.0001 to $0.001. Consequently, the aggregate par value of the
issued common stock was reduced by reclassifying the par value amount of the
reversed common stock to additional paid in capital for all periods presented.
All per share amounts and outstanding shares have been retroactively restated in
the accompanying consolidated financial statements for all periods presented to
reflect the reverse stock split.

         The outstanding stock of the Company was 1,906,316 and 629,955 shares
December 31, 2002 and 2001, respectively.

Note 9 - Earnings per Common Share

         Earnings per share of common stock have been computed based on the
weighted average number of shares outstanding for all periods after giving
effect tot the reverse stock split. As of December 31, 2002, the weighted
average number of shares used to compute the earnings per share was 866,947. The
weighted average shares used to compute earnings per share at December 31, 2001
was 567,341.

Note 10 - Contingencies

         Per agreements with employees, directors and consultants, the Company
agreed to compensation in the form of common stock to be funded at various rates
for prior and future service. In conjunction therewith, the Company issued
105,967 post reverse split shares during the period ended December 31, 2002. At
the time of issuance the stock price was $3.00 per share, therefore, the Company
recognized an expense of $317,900. Additionally, the Company has vested 472,250
shares in December 2002 at a price of $3.00 per share for services to be
provided the Company during the 12 months from December 1, 2002. Therefore, the
Company has recognized $118,063 during 2002 and will amortize the prepaid amount
of $1,298,687 during the subsequent 11 months. The remaining terms of these
agreements are up to 23 months during which the Company is committed to issue an
additional 1,234,167 restricted common shares. The Company will recognize
expense based on the number of share earned on the last day of each month shares
are required to be issued.

Note 11 - Sale of Assets and Disposition of Liabilities

         In October 2002 the Company entered into a sale transaction for the
sale of some of the assets of Open Door Records Inc. to a third party in
exchange for the assumption of certain liabilities. The Company recognized a
loss of $260,048 from this transaction.


                                      F-12