UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-K

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

                   For the fiscal year ended February 28, 2013

                                       OR

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

             For the transition period from __________ to __________

                         Commission File No.: 333-165301

                                Earn-A-Car, Inc.
             (Exact name of registrant as specified in its charter)

<TABLE>
<CAPTION>
<S>                                                <C>                        <C>
           Nevada                                  7514                       27-1320213
  (State or jurisdiction of           (Primary Standard Industrial           IRS Employer
incorporation or organization)         Classification Code Number)      Identification Number
</TABLE>

                            Office 1 The Falls Centre
                           Corner Great North and Webb
                             Northmead, Benoni 1522
                            Republic of South Africa
                    (Address of principal executive offices)

                                 +27 11 425 1666
                           (Issuer's telephone number)

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

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

Securities registered pursuant to Section 12(g) of the Act: Common Stock, par
value US$0.0000001

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act. Yes [ ] No [X]

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or 15(d) of the Act. Yes [ ] No [X]

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 [ ]

Indicate by check mark whether the registrant has submitted electronically and
posted on its corporate Website, if any, every Interactive Data File required to
be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of
this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit and post such files). Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K (s 229.405) is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K. [ ]

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

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer [ ]                          Smaller reporting company [X]

Indicate by checkmark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

The aggregate  market value of the voting and  non-voting  common equity held by
non-affiliates of the registrant as of June 11, 2013: US$472,500.

The number of shares of the registrant's common stock outstanding as of June 11,
2013: 112,500,000.
<PAGE>
                        INDEX TO FORM 10-K ANNUAL REPORT

                                                                            Page
                                                                            ----
PART I

Item 1.     Business                                                          3

Item 1A.    Risk Factors                                                      7

Item 1B.    Unresolved Staff Comments                                        13

Item 2.     Properties                                                       13

Item 3.     Legal Proceedings                                                13

Item 4.     Mine Safety Disclosures                                          13

PART II

Item 5.     Market for Registrant's Common Equity, Related Stockholder
            Matters and Issuer Purchases of Equity Securities                13

Item 6.     Selected Financial Data                                          14

Item 7.     Management's Discussion and Analysis of Financial Condition
            and Results of Operations                                        14

Item 7A.    Quantitative and Qualitative Disclosures About Market Risk       20

Item 8.     Financial Statements and Supplementary Data                      20

Item 9.     Changes in and Disagreements with Accountants on Accounting
            and Financial Disclosure                                         20

Item 9A(T). Controls and Procedures                                          20

Item 9B.    Other Information                                                21

PART III

Item 10.    Directors, Executive Officers, and Corporate Governance          22

Item 11.    Executive Compensation                                           24

Item 12.    Security Ownership of Certain  Beneficial Owners and Management
            and Related  Stockholder Matters                                 26

Item 13.    Certain Relationships and Related Transactions, and Director
            Independence                                                     27

Item 14.    Principal Accounting Fees and Services                           27

PART IV

Item 15.    Exhibits and Financial Statement Schedules                       28

SIGNATURES                                                                   30

                                       2
<PAGE>
                           FORWARD-LOOKING STATEMENTS

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

There  are  statements  in this  report  that are not  historical  facts.  These
forward-looking  statements  can be identified by use of  terminologies  such as
believe, hope, may, anticipate,  should,  intend, plan, will, expect,  estimate,
project, positioned,  strategy and similar expressions. You should be aware that
these forward-looking statements are subject to risks and uncertainties that are
beyond our control. For a discussion of these risks, you should read this entire
Report  carefully,  especially the risks discussed under Risk Factors.  Although
management  believes  that  the  assumptions   underlying  the  forward  looking
statements  included in this Report are  reasonable,  they do not  guarantee our
future  performance,  and actual results could differ from those contemplated by
these  forward  looking  statements.  The  assumptions  used for purposes of the
forward-looking  statements  specified in the  following  information  represent
estimates of future events and are subject to uncertainty as to possible changes
in economic,  legislative,  industry, and other circumstances.  As a result, the
identification and interpretation of data and other information and their use in
developing  and selecting  assumptions  from and among  reasonable  alternatives
require the exercise of judgment.  To the extent that the assumed  events do not
occur, the outcome may vary substantially from anticipated or projected results,
and,  accordingly,  no  opinion  is  expressed  on the  achievability  of  those
forward-looking statements. In the light of these risks and uncertainties, there
can  be  no  assurance  that  the  results  and  events   contemplated   by  the
forward-looking  statements contained in this Report will in fact transpire. You
are cautioned not to place undue reliance on these  forward-looking  statements,
which speak only as of their dates. We do not undertake any obligation to update
or revise any forward-looking statements.

                                     PART I

References  to "us",  "we" and "our" in this report refer to  Earn-A-Car,  Inc.,
together with our wholly-owned subsidiaries.

ITEM 1.BUSINESS.

All dollar amounts refer to US dollars unless otherwise indicated.

GENERAL

We were incorporated  under the laws of the State of Nevada,  U.S. on October 9,
2009. Our  registration  statement on Form S-1 was filed with the Securities and
Exchange  Commission  on March 11,  2010 and was ordered  effective  on June 23,
2010.

PRIOR PROPOSED BUSINESS OPERATIONS

We were engaged in the business of developing an internet based tax  preparation
service that would allow our customers to  communicate on a real time basis with
our team of tax  preparers  from the comfort of home or the  office.  We had not
generated any  substantial  revenues and the only operation we had engaged in is
the  development of a business plan. Our business  address was at 2470 East 16th
Street,  Brooklyn,  NY 11235 and our telephone  number was 718-  344-0866.We had
only begun  operations in a very limited  capacity and it was uncertain  when we
would begin full  operations.  Our plans were  forward-looking  and there was no
assurance that we would have ever begun operations.  We were a development stage
company and have earned very  limited  revenue from those  operations  since our
inception on October 9, 2009.  It was unlikely  that we would be able to achieve
profitability  in our prior  proposed  business  and was likely that we would be

                                       3
<PAGE>
required to cease operations due to the lack of funding. In the interests of our
shareholders,  we  determined  to seek a new  line of  business.  These  efforts
resulted in our acquiring our current business.

CURRENT BUSINESS OPERATIONS

On  December 7, 2011,  a  simultaneous  execution  and closing was held under an
Agreement and Plan of Reorganization (the Plan"), by and among Victoria Internet
Services,  Inc.(the  "Company"  "us" "we" ),  Leon  Golden  (our then  principal
shareholder)  ("Golden") and  Earn-A-Car  (PTY),  LTD., a corporation  organized
under the laws of the Republic of South Africa ("EAC") and Depassez  Investments
Ltd,  a  Seychelles  corporation  ("DPL"),  owned by Graeme T.  Hardie  (our new
principal shareholder) ("Hardie").

Under the Plan DPL  acquired  78,500,000  shares of our common stock from Golden
for US$150,000 and the balance of Golden's  205,000,000 shares were submitted to
the transfer agent for cancellation and DPI contributed all of the shares of EAC
to the Company so that EAC became a wholly owned  subsidiary  of the Company and
the business of the Company is now the business of EAC. Mr. Golden also resigned
as an officer  and  director of the  Company  and John C Storey  ("Storey")  and
Hardie were elected our directors and Storey was appointed our CEO and President
with Hardie being appointed our Chairman of the board.  Also, Bruce J Dunnington
became CFO of EAC. As a result of the Plan, there was a change in control of the
company. Further, the company has decided to abandon its former business focused
on tax preparation and will in future concentrate solely on the business of EAC.

BUSINESS OF EAC

EAC was  incorporated  in South  Africa on July 2, 2005 as  Easycars  Rental and
Sales  (Pty)  Ltd.  It is  primarily  engaged in the  business  of the rental of
vehicles to retail  customers on a monthly basis through its leased  premises in
Johannesburg  in the country of South  Africa.  On July 18,  2011,  its name was
changed to  "Earn-A-Car  (PTY) Ltd." to better  reflect its  business  model and
differentiate EAC from other car rental companies.

EAC's business  strategy is to enter car rental agreements that allow the renter
to return the car with one calendar months' notice.  The key differentiator to a
normal car rental is that it allows its customers to earn their car by providing
customers with a cash back bonus on termination of the rental agreement for each
month that the customer was in good standing with EAC. This cash back along with
a  significant  up-front  administration  fee  is  calculated  to  allow  EAC to
guarantee  sufficient cash to allow the customer to buy the car or a similar car
of his choice from EAC at the end of  approximately 4 years.  EAC's vehicles are
equipped with  immobilizing  and  positioning  devices to protect the company if
rental  payments are not  current.  EAC's  business  model is to rent to persons
whose financial  credit would not ordinarily  allow them to finance the purchase
of an automobile.

The business  owned 671 vehicles at the end of February,  2013  (February  2012:
435) and  intends  to grow  this  number  significantly  although  there  are no
guarantees it will be able to do so.

EAC also sells pre-owned  vehicles to retail customers  through its same stores.
This secondary activity is a result of our need to dispose of our older vehicles
rather than a business activity in its own right.

EAC has no other material revenue earning businesses.

INDUSTRY OVERVIEW

2013 First quarter aggregate Industry new car sales at 113,971 units recorded an
improvement  of 3,286 units or 3.0% compared to the 110,685 new cars sold during
the corresponding  quarter of 2012.  Aggregate Industry commercial vehicle sales

                                       4
<PAGE>
during the first  quarter of 2013 at 49,292 units  recorded an increase of 3,304
units  or a  gain  of  7.2%  compared  to  the  45,988  units  sold  during  the
corresponding quarter of 2012.

With the exception of the heavy commercial  sector, all sectors registered gains
during the first quarter of 2013 compared to the corresponding  quarter in 2012.
(See National  Association  of  Automobile  Manufacturers  of South Africa.  See
http://www.naamsa.co.za/papers/2013_1stquarter/NAAMSA%20QUARTERLY%20REVIEW%20%20
-%20%201ST%20QUARTER%202013.pdf).

More  importantly  to EAC,  Nearly 50% of all credit  rated South  Africans  are
blacklisted at credit  bureaus,  an increase of nearly 27% over the last 4 years
and  are   consequentially   unable  to  access   typical   car   finance   (See
http://www.ncr.org.za/index.php?option=com_content&view=article&id=42   and  the
National   Credit   Regulator    publications    2012   December    publications
http://www.ncr.org.za/publications/CBM%20Dec%202012.pdf).

This is the market that EAC is designed  to  service.  We believe  that we offer
blacklisted  car buyers with an  opportunity to own a car that is not ordinarily
available for persons with poor credit  history.  Currently the business is able
to only able to supply 1/50 of its  enquiries  derived from  marketing  costs of
approximately  US$5,000 per month.  Thus while vehicle sales have gone sideways,
the number of customers in our niche remains substantial.

OUR BUSINESS MODEL

We rent cars on a basis where the  customer may return the car to us at any time
on one calendar months' notice.  However,  we charge significant  administrative
and  rental  fees at the  inception  of the  rental  (about  20% of the  cost to
ourselves  of the car and a further  approximately  5%,  being the first  months
rental,  which is payable in  advance).  This means that  persons that rent cars
from us, although under no legal  obligation to do so, will generally be persons
that have a genuine long term interest in acquiring the car.

Our cars are equipped with  sophisticated  vehicle  tracking and  immobilization
technology so that when a customer does not pay the monthly  rental or extras or
does not comply with their  contract we can immobilize the car until the arrears
are paid, the contract is complied with or the car collected.  In our history of
renting  out more than 400 cars for over 4 years,  we have only lost 3 vehicles,
these to professional car thieves, never to a client. The technology also allows
us to monitor excessive speeding and harsh braking and confirm or refute some of
the details of any alleged accident as reported by our clients.

What  distinguishes  us from  other  car  rental  companies  is that  for  every
completed  calendar month that our customers rent a car from us they partly earn
their  car  through  our cash  back per  completed  month  program  at a rate of
approximately  $40- $70 per month.  This cash back amount is calculated by us to
ensure  that,  when  combined  with  our  up-front  administration  fee,  it  is
sufficient  to equal the estimated  carrying  value of the vehicle at the end of
the term stipulated in each client's contract  (normally 4 years) at which point
we are able to  guarantee,  through  this  calculation,  sufficient  cash to the
client to purchase the car from  ourselves  at the expected  market price at the
end of the client's  term. In our  experience  about 10% of our  customers  have
taken  possession of their cars pursuant to our loyalty  scheme.  13 did so this
financial year (Previous financial year: 3).

All of our customers who leave our service have their cash back portion credited
to their account when they exit our services.  Should they  terminate the rental
before the end of their  agreed term EAC first uses the cash bonus to  refurbish
any damage on the car beyond fair wear and tear and will then pay the client the

                                       5
<PAGE>
remaining bonus in cash. The up-front  administration  fee is only ever returned
to the  customer  if the car is  purchased  by the  customer.  Else  this fee is
retained by EAC.  About 200  customers  who left our services this calendar year
have benefitted from our cash back program.

Because we rent  automobiles  to customers  rather than  financing  the purchase
thereof,  we believe that we are not subject to certain South African  financial
regulatory regimes that generally apply to the automobile finance industry. This
allows us to keep our rental to own program competitive and allows us to get our
vehicles back easily if non-payment occurs.

EAC  sources  its  vehicles  from  auctions,   corporate  de-fleeting,   private
individuals and motor dealerships.  It only buys pre-owned vehicles to avoid the
new car premium  (approximately 33%) and often buys 6 year old cars. (There is a
steep  reduction  in the price of older  cars as South  African  banks  will not
finance  cars  older  than 5 years).  The  estimated  cost to EAC to  purchase a
pre-owned vehicle is averages approximately $9,000 a car. The business currently
owns 671  cars,  almost  all of them  utilized  in the rent to own  program  and
intends to grow this number significantly although there is no guarantee that it
will be able to do so.

Renters are allowed to drive 3,500km  (about 2,200 miles) a month and thereafter
pay an  additional  15c a km (25c/mile) on any overage.  The  customers'  credit
rating is also improved  while they rent a car from EAC as their payment  record
is provided to credit bureaus.

We believe that our model, which offers a path to car ownership for persons with
compromised  credit,  has potential for  significant  growth however there is no
guarantee  that our model  will do so. We are  currently  only able to service a
very small fraction of the enquiries that we receive. This is due to the limited
number of vehicles  that we own  presently.  We receive  about  2,000  queries a
month.  We are  currently  only able to supply about 60 cars a month (40 new and
20+ returned cars) with current  resources being 1/30th of these  enquiries.  We
would  service a greater  number of the  enquiries  we receive if we had greater
capital resources to enlarge our rental fleet.

EAC also  sells  pre-owned  vehicles  to retail  customers  through  its  Benoni
premises.  This  secondary  activity  is a result of our need to  dispose of our
older vehicles rather than a business activity in its own right and allows us to
recoup at least the carrying value of older vehicles.  Profits and revenues from
this  activity  are not  material.  EAC  currently  only holds 3 of its cars for
outright sale in this manner.

We operate our own repair and  reconditioning  facilities  to refurbish our cars
returned to us or pre-owned  cars  purchased  by us prior to renting  out.  This
allows us to better  control  the costs of such  reconditioning  of  returned or
purchased  cars and  believe  this  allows  us  significant  savings.  We have 6
mechanics, an auto-electrician and support staff.

COMPETITION

We compete with other car rental  companies,  car leasing  companies  and banks.
However, we believe that our operations, which we believe are not subject to the
Banks Act or the  National  Credit  Act,  allow us to operate  with less  direct
competition in our market niche of persons with less than ideal credit histories
who wish to acquire a car.

PROPERTIES

We  currently  rent our offices and workshop on a month to month basis at a cost
of R24,000  (US$2,900) for our offices and R10,000  (US$1,200) per month for our
repair facility (which we share with an unaffiliated party). We expect to double
this space as we grow if our business continues to grow and we enlarge our fleet

                                       6
<PAGE>
of rented cars.  We believe that suitable  additional  space is available in the
vicinity of our present facilities at a reasonable cost.

EMPLOYEES

As at year end we have 38 employees of whom 5 are  executive,  6 are in sales 17
are clerical and 10 are engaged in  automobile  repairs.  Our  employees are not
covered by a  collective  bargaining  agreement  and we  consider  our  employee
relations to be good.  While we expect our business  volumes to increase,  we do
not expect to have to increase staff significantly in the near future.

MARKETING

We market  through  Google on the internet,  referrals and word of mouth.  Total
advertising  expenditure  is normally  around  US$4,000  per month.  We also pay
approximately US$60 to any person who provides us with a referral that result in
a Lease. Our company website  (www.earnacar.co.za)  allows potential  clients to
register  their interest  online after which our sales staff makes contact.  Our
sales staff is  incentivized  with roughly 80% of  remuneration  being  variable
commission.

INSURANCE

We maintain  comprehensive  insurance  on all cars but have an excess of R50,000
(about  US$6,000).  Our average car is worth  US$8,000,  so most of our cars are
largely self insured.  EAC covers the cost of repairs to its cars where a client
has a bona fide  accident.  Should the  accident  be  caused,  for  example,  by
speeding or driving under the  influence,  we attempt to recover the cost of the
damage to our cars from our client and do not return the car to them when it has
been repaired.  Should the driver cause damage to another vehicle or individual,
the driver is held responsible in South Africa, not EAC. Consequentially,  there
is no need for insurance  for third party  liability as may be imposed on owners
of cars in accidents potentially in the USA. The costs to EAC of providing their
clients with this  comprehensive  accident damage warrantee or self-insurance is
less than US$60 per month, less than half what a vehicle insurer would charge.

INTERNET WEBSITE

We maintain a website at http://www.earnacar.co.za/ .

ITEM 1A.RISK FACTORS.

RISK FACTORS

This report includes  forward-looking  statements about our business and results
of operations that are subject to risks and uncertainties.  See "Forward-Looking
Statements,"  above.  Factors that could cause or contribute to such differences
include those discussed below. We have discussed all known material risks below,
however,  we may also be  subject  to  additional  risks and  uncertainties  not
presently  known to us or that we  currently  deem  immaterial.  If any of these
known or unknown risks or  uncertainties  actually occur,  our business could be
harmed substantially.

                                       7
<PAGE>
RISKS RELATED TO OUR FINANCIAL CONDITION AND OUR BUSINESS

RISKS RELATED TO THE COSTS OF RUNNING A PUBLIC COMPANY

The costs of  running  a public  company,  including  hiring  additional  staff,
professional  fees and filing  and  printing  are  expected  to  average  around
US$70,000 per year. This will affect our cost structure and the costs of running
the business.

PLANS FOR ADDITIONAL FINANCING

As at February  2013, we had US$682,096  cash on hand.  These cash resources are
not  sufficient for us to execute our expansion plan which entails an additional
US$7million over the next two years.

On May 29 2012 we announced that we had successfully  completed an approximately
US$3.0 Million capital market raise which allowed us to settle the AVIS facility
and other  current debt of up to US$1.2  Million and acquire  approximately  200
additional  cars.  This  facility has been utilized and we are in the process of
raising  further  capital.  By the end of February we had re-used  approximately
$1.2 m in AVIS finance rentals.

At year end we had  about  $300k of  finance  facility  left  with  AVIS who are
currently  reviewing our facility.  We have requested a further $1.7m and expect
to receive at least some of that additional financing shortly.

Earn-a-car  is  currently  finalizing  a 3 year  $2.2m car  finance  deal with a
mezzanine debt financier in South Africa. The term sheet has been agreed and the
company  hopes to be able to begin  securing  new cars with the facility in June
2012.

If we are able to demonstrate continued positive results we believe that we will
be able to raise additional  capital privately in subsequent  periods.  For each
US$1,000,000 raised we plan to acquire approximately 125 additional cars.

The board will  continually  seek additional  financing  opportunities  which it
believes are in the best interests of the Company and its shareholders. If we do
not generate  sufficient cash from our intended financing  activities and sales,
we will be unable to operate our business at expanded  levels  which  management
believes  would benefit  shareholders.  If we are able to arrange debt or equity
financing it may be on terms that are not  beneficial to our  shareholders.  Any
financing   that  we  do  receive  may  dilute  the  interests  of  our  current
shareholders.  We do not have any agreements with any financing source to obtain
financing on any particular terms.

The Board has decided to  constrain  senior debt to 75% of total assets and will
endeavor to ensure that senior debt interest will not exceed 40% of EBIT.

IF WE ARE UNABLE TO  CONTINUE  TO RETAIN THE  SERVICES  OF JOHN STOREY AND BRUCE
DUNNINGTON OR IF WE ARE UNABLE TO SUCCESSFULLY  RECRUIT QUALIFIED MANAGERIAL AND
COMPANY PERSONNEL, WE MAY NOT BE ABLE TO CONTINUE OPERATIONS.

Our success depends to a significant  extent upon the continued services of John
Storey  our CEO and  President  and Bruce  Dunnington  our CFO.  The loss of the
services  of Mr.  Storey  could have a material  adverse  effect on our  growth,
revenues,  and  prospective  business.  Mr.  Storey does not have an  employment
agreement  with us. We do not have a "key person" life  insurance  policy on Mr.
Storey.

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<PAGE>
Competition for qualified individuals is intense. There can be no assurance that
we will be able to find,  attract and retain existing  employees or that we will
be able to find, attract and retain qualified personnel on acceptable terms.

IF WE CANNOT  EFFECTIVELY  MANAGE OUR INTERNAL GROWTH,  OUR BUSINESS  PROSPECTS,
REVENUES AND PROFIT MARGINS MAY SUFFER.

If we fail to effectively  manage our internal growth in a manner that minimizes
strains on our resources,  we could experience disruptions in our operations and
ultimately  be unable to generate  revenues  or profits.  We expect that we will
need to  significantly  expand our  operations  to  successfully  implement  our
business strategy. As we add marketing,  sales and build our infrastructure,  we
expect that our operating  expenses and capital  requirements will increase.  To
effectively  manage our growth,  we must continue to expend funds to improve our
operational,  financial and management  controls,  and our reporting systems and
procedures.  In  addition,  we must  effectively  expand,  train and  manage our
employee  base.  If we fail in our efforts to manage our  internal  growth,  our
prospects, revenue and profit margins may suffer.

WE MAY BE SUBJECT TO ADDITIONAL GOVERNMENTAL REGULATION.

We offer  cars on a  proprietary  rent to buy  program  which our South  African
attorneys  have advised us is not subject to  regulation  under the Banks Act or
the National  Credit Act. We believe this affords us substantial  savings and is
beneficial to our  shareholders.  If a court or  government  agency were to find
that we were subject to these laws, it could substantially  impair our financial
results and our share value would likely suffer.  We cannot assure you that such
adverse findings will not be made in the future.

WE ARE TO ESTABLISH AND MAINTAIN REQUIRED DISCLOSURE CONTROLS AND PROCEDURES AND
INTERNAL CONTROLS OVER FINANCIAL  REPORTING AND TO MEET THE PUBLIC REPORTING AND
THE FINANCIAL REQUIREMENTS FOR OUR BUSINESS.

Our  management  has a legal  and  fiduciary  duty  to  establish  and  maintain
disclosure  controls and control  procedures in compliance  with the  securities
laws, including the requirements mandated by the Sarbanes-Oxley Act of 2002. The
standards  that must be met for  management to assess the internal  control over
financial  reporting as effective are new and complex,  and require  significant
documentation,  testing and possible remediation to meet the detailed standards.
Because  we have  limited  resources,  we may  encounter  problems  or delays in
completing  activities  necessary to make an assessment of our internal  control
over financial reporting,  and disclosure controls and procedures.  In addition,
the attestation process by our independent  registered public accounting firm is
new and we may encounter  problems or delays in completing the implementation of
any requested improvements and receiving an attestation of our assessment by our
independent  registered public accounting firm. If we cannot assess our internal
control over  financial  reporting as effective or provide  adequate  disclosure
controls  or  implement  sufficient  control  procedures,   or  our  independent
registered public accounting firm is is not expressly  reporting on our internal
controls  and the lack of such  report on such  assessment,  may cause  investor
confidence and share value may be negatively impacted.  We currently do not have
a sufficient number of management  employees to establish  adequate controls and
procedures.

OUR OFFICERS HAVE NO EXPERIENCE IN MANAGING A PUBLIC COMPANY.

Our present  officers  have no previous  experience  in managing a United States
public company and we do not have a sufficient  number of employees to segregate

                                       9
<PAGE>
responsibilities  and may be unable to afford  increasing  our staff or engaging
outside  consultants or professionals to overcome our lack of employees.  During
the course of our testing, we may identify other deficiencies that we may not be
able to remediate in time to meet the deadline imposed by the Sarbanes-Oxley Act
for compliance with the requirements of Section 404. In addition,  if we fail to
achieve and maintain the adequacy of our internal  controls,  as such  standards
are modified,  supplemented  or amended from time to time, we may not be able to
ensure that we can conclude on an ongoing basis that we have effective  internal
controls  over  financial  reporting  in  accordance  with  Section  404  of the
Sarbanes-Oxley  Act. Moreover,  effective internal controls,  particularly those
related  to  revenue  recognition,  are  necessary  for us to  produce  reliable
financial  reports and are  important to help  prevent  financial  fraud.  If we
cannot provide  reliable  financial  reports or prevent fraud,  our business and
operating  results  could be  harmed,  investors  could lose  confidence  in our
reported financial information,  and the trading price of our common stock, if a
market ever develops, could drop significantly.

CONTROL BY MANAGEMENT

Our company is effectively controlled by management,  specifically Graeme Hardie
our Chairman of the Board, who owns 78.750,000  shares or 70% of our 112,500,000
issued  and  outstanding  shares  of  common  stock  as  of  December  9,  2011.
Accordingly,  he will be able to elect our board of  directors  and  control our
corporate affairs for the foreseeable future.

RISKS RELATED TO COMMON STOCK

THE LARGE NUMBER OF SHARES  ELIGIBLE FOR  IMMEDIATE AND FUTURE SALES MAY DEPRESS
THE PRICE OF OUR STOCK.

As of February 28, 2013 we had 112,500,000  shares of common stock  outstanding.
33,750,000  are "free  trading" and may serve to overhang the market and depress
the price of our common stock.

ADDITIONAL FINANCING MAY DILUTE THE HOLDINGS OF OUR CURRENT SHAREHOLDERS.

In order to provide capital for the operation of the business, we may enter into
additional financing  arrangements.  These arrangements may involve the issuance
of new shares of common stock,  debt securities that are convertible into common
stock or warrants  for the  purchase of common  stock.  Any of these items could
result  in a  material  increase  in  the  number  of  shares  of  common  stock
outstanding, which would in turn result in a dilution of the ownership interests
of existing common shareholders. In addition, these new securities could contain
provisions,  such as priorities on distributions and voting rights,  which could
affect the value of our existing common stock.

THERE IS  CURRENTLY A LIMITED  PUBLIC  MARKET FOR OUR COMMON  STOCK.  FAILURE TO
DEVELOP OR MAINTAIN A TRADING MARKET COULD NEGATIVELY  AFFECT ITS VALUE AND MAKE
IT DIFFICULT OR IMPOSSIBLE FOR YOU TO SELL YOUR SHARES.

Our common stock trades on the FINRA OTCQB under the Symbol EACR. There has been
a limited public market for our common stock and an active public market for our
common stock may not develop.  Failure to develop or maintain an active  trading
market could make it  difficult  for you to sell your shares or recover any part
of your  investment  in us. Even if a market for our common stock does  develop,
the market price of our common stock may be highly volatile.  In addition to the

                                       10
<PAGE>
uncertainties  relating to future operating performance and the profitability of
operations,  factors such as variations in interim financial results or various,
as yet unpredictable,  factors, many of which are beyond our control, may have a
negative effect on the market price of our common stock.

RISKS RELATED TO OUR SECURITIES

IF A LIQUID  MARKET FOR OUR COMMON STOCK DOES NOT DEVELOP,  SHAREHOLDERS  MAY BE
UNABLE TO SELL THEIR SHARES.

There is currently no liquid market for our common stock and no certainty that a
liquid market will develop.  While our common stock is quoted for trading on the
OTC Bulletin  Board,  EACR,  there has been limited trading of our common stock.
Furthermore, we have initiated the process to have our stock become eligible for
DTC  deposit.  Unless this is  concluded  successfully,  of which we can give no
assurance, broker dealers may be reluctant to accept our stock for deposit. This
will further inhibit the development of a trading market.  If a liquid market is
not developed  for our shares,  it will be difficult  for  shareholders  to sell
their stock.

WE DO NOT INTEND TO PAY  DIVIDENDS  AND THERE WILL BE LESS WAYS IN WHICH YOU CAN
MAKE A GAIN ON ANY INVESTMENT IN OUR COMPANY.

We have never paid any cash  dividends  and  currently  do not intend to pay any
dividends for the foreseeable  future. To the extent that we require  additional
funding  currently not provided for in our financing  plan, our funding  sources
may likely prohibit the payment of a dividend.

OUR  ARTICLES OF  INCORPORATION  PROVIDE  FOR  INDEMNIFICATION  OF OFFICERS  AND
DIRECTORS AT OUR EXPENSE AND LIMIT THEIR  LIABILITY  WHICH MAY RESULT IN A MAJOR
COST  TO US AND  HURT  THE  INTERESTS  OF  OUR  SHAREHOLDERS  BECAUSE  CORPORATE
RESOURCES MAY BE EXPENDED FOR THE BENEFIT OF OFFICERS AND/OR DIRECTORS.

Our  Articles  of  Incorporation  and  applicable  Nevada  law  provide  for the
indemnification of our directors, officers, employees, and agents, under certain
circumstances,  against  attorney's fees and other expenses  incurred by them in
any litigation to which they become a party arising from their  association with
or activities on our behalf.  We will also bear the expenses of such  litigation
or any of our  directors,  officers,  employees,  or agents,  upon such person's
promise to repay us,  therefore,  if it is ultimately  determined  that any such
person should not have been  entitled to  indemnification  this  indemnification
policy could result in substantial  expenditures  by us, which we will be unable
to recoup.

We have been  advised  that,  in the  opinion  of the SEC,  indemnification  for
liabilities  arising under federal  securities  laws is against public policy as
expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the
event that a claim for indemnification against these types of liabilities, other
than the  payment by us of expenses  incurred or paid by a director,  officer or
controlling person in the successful defense of any action,  suit or proceeding,
is asserted by a director,  officer or controlling person in connection with our
securities  we will (unless in the opinion of our  counsel,  the matter has been
settled by controlling precedent) submit to a court of appropriate jurisdiction,
the question whether indemnification by us is against public policy as expressed
in the  Securities  Act and will be governed by the final  adjudication  of such
issue.  The legal process  relating to this matter if it were to occur is likely
to be very costly and may result in us receiving negative  publicity,  either of
which  factors is are likely to  materially  reduce the market and price for our
shares, if such a market ever develops.

                                       11
<PAGE>
RISKS RELATING TO OUR COMMON STOCK

LIMITATIONS UPON BROKER-DEALERS EFFECTING TRANSACTIONS IN "PENNY STOCKS"

Trading in our common stock is subject to material  limitations as a consequence
of  regulations  which  limits  the  activities  of   broker-dealers   effecting
transactions in "penny stocks."  Pursuant to Rule 3a51-1 under the Exchange Act,
our common stock is a "penny stock" because it (i) is not listed on any national
securities  exchange or The NASDAQ Stock Market(TM),  (ii) has a market price of
less than US$5.00 per share, and (iii) its issuer (the Company) has net tangible
assets less than  US$2,000,000  (if the issuer has been in business for at least
three (3) years) or  US$5,000,000  (if the issuer has been in business  for less
than three (3) years).

Rule 15g-9 promulgated  under the Exchange Act imposes  limitations upon trading
activities  on "penny  stocks",  which  makes  selling  our  common  stock  more
difficult  compared to selling  securities  which are not "penny  stocks."  Rule
15a-9 restricts the  solicitation  of sales of "penny stocks" by  broker-dealers
unless the broker first (i) obtains from the  purchaser  information  concerning
his financial situation,  investment experience and investment objectives,  (ii)
reasonably determines that the purchaser has sufficient knowledge and experience
in  financial  matters  that the person is capable  of  evaluating  the risks of
investing in "penny  stocks",  and (iii)  delivers  and  receives  back from the
purchaser a manually  signed written  statement  acknowledging  the  purchaser's
investment experience and financial sophistication.

Rules  15g-2   through  15g-6   promulgated   under  the  Exchange  Act  require
broker-dealers  who engage in  transactions  in "penny  stocks" first to provide
their  customers  with a series of disclosures  and  documents,  including (i) a
standardized  risk  disclosure  document   identifying  the  risks  inherent  in
investing in "penny stocks", (ii) all compensation received by the broker-dealer
in connection with the  transaction,  (iii) current  quotation  prices and other
relevant  market data, and (iv) monthly account  statements  reflecting the fair
market value of the securities.

There can be no assurance that any broker-dealer which initiates  quotations for
the Common Stock will continue to do so, and the loss of any such  broker-dealer
likely  would have a material  adverse  effect on the market price of our common
stock.

SHARES ELIGIBLE FOR FUTURE SALE

The  sale  of a  substantial  number  of  shares  of our  common  stock,  or the
perception that such sales could occur, could adversely affect prevailing market
prices for our common stock. In addition, any such sale or perception could make
it more  difficult for us to sell equity,  or  equity-related  securities in the
future  at a  time  and  price  that  we  deem  appropriate.  If and  when  this
registration  statement becomes effective and we become subject to the reporting
requirements  of the  Exchange  Act, we might elect to adopt a stock option plan
and file a  registration  statement  under the Securities  Act  registering  the
shares  of  common  stock  reserved  for  issuance  thereunder.   Following  the
effectiveness  of any such  registration  statement,  the shares of common stock
issued under such plan,  other than shares held by affiliates,  if any, would be
immediately eligible for resale in the public market without restriction.

The sales of shares  of our  common  stock  which are not  registered  under the
Securities Act, known as "restricted" shares,  typically are affected under Rule
144. As of March 31, 2012 we had  outstanding an aggregate of 78,750,000  shares
of  restricted  common stock.  All of our shares of common  stock,  except those
issued in the last six months,  might be sold under Rule 144. No prediction  can
be made as to the effect,  if any, that future sales of  "restricted"  shares of
our common stock, or the  availability of such shares for future sale, will have
on the market price of our common stock or our ability to raise capital  through
an offering of our equity securities.

                                       12
<PAGE>
NO DIVIDENDS

We have never paid any dividends on our common stock and we do not intend to pay
any dividends in the foreseeable future.

ITEM 1B. UNRESOLVED STAFF COMMENTS.

None

ITEM 2.PROPERTIES.

We  currently  rent our offices and workshop on a month to month basis at a cost
of R24,000  (US$2,900) for our offices and R10,000  (US$1,200) per month for our
repair  facility.  We  expect to double  this  space as we grow if our  business
continues  to grow and we enlarge  our fleet of rented  cars.  We  believe  that
suitable additional space is available in the vicinity of our present facilities
at a reasonable cost.

ITEM 3. LEGAL PROCEEDINGS.

We currently  have no legal  proceedings  pending nor have any legal  proceeding
been threatened against us or any of our officers,  directors or control persons
of which we are aware.

ITEM 4. MINE SAFETY DISCLOSURES.

Not Applicable.

                                     PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND ISSUER PURCHASES OF EQUITY
        SECURITIES.

MARKET INFORMATION

Our common  stock has been  included in the FINRA OTCQB under the symbol  "VRIS"
since  January 4, 2011 and under the symbol  "EACR" since March 8, 2012.  We are
not aware of any trades or quotations prior to January 2012.  During the quarter
ended  February 28, 2013,  our shares traded at prices  ranging from US$0.014 to
$0.075

REPORTS TO SHAREHOLDERS

We plan to furnish our  shareholders  with an annual report for each fiscal year
ended February 28 containing  financial  statements  audited by our  independent
certified public accountants starting in 2015. Additionally, we may, in our sole
discretion,   issue  unaudited   quarterly  or  other  interim  reports  to  our
shareholders when we deem appropriate. We intend to maintain compliance with the
periodic reporting requirements of the Securities Exchange Act of 1934.

HOLDERS

As of June 8, 2013,  we had 75  shareholders  of record and  112,500,000  common
shares issued and  outstanding.  The number of holders includes the shareholders
for whom shares are held in a "nominee" or "street" name.

                                       13
<PAGE>
DIVIDEND POLICY

We have not  declared  or paid any  dividends  on our common  stock to date.  We
anticipate that any future earnings will be retained as working capital and used
for business purposes.  Accordingly,  it is unlikely that we will declare or pay
any such dividends in the foreseeable future.

SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

None

RECENT SALES OF UNREGISTERED SECURITIES

None

ITEM 6. SELECTED FINANCIAL DATA.

Because the Company is a smaller reporting company,  it does not need to provide
the information required by this Item 6.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND REULTS
        OF OPERATIONS.

OVERVIEW

We caution you that reliance on any forward-looking statement involves risks and
uncertainties,  and that  although  we  believe  the  assumptions  on which  our
forward-looking  statements are based are reasonable,  any of those  assumptions
could prove to be inaccurate,  and as a result, the  forward-looking  statements
based on those  assumptions  could be  incorrect.  In light of these  and  other
uncertainties,  you should not  conclude  that we will  necessarily  achieve any
plans and objectives or projected  financial  results  referred to in any of the
forward-looking  statements.  We do not  undertake to release the results of any
revisions  of these  forward-looking  statements  to  reflect  future  events or
circumstances.  Some of the factors that may cause actual results,  developments
and business  decisions to differ  materially  from those  contemplated  by such
forward-looking statements include the following:

     *    our  ability  to  raise  additional   capital  and  secure  additional
          financing;
     *    anticipated   trends  in  our  financial   condition  and  results  of
          operations;
     *    our ability to hire and retain key employees;

BACKGROUND

Prior to December 7, 2011 we were in the  business of  developing  and  internet
based tax preparation  service.  After December 7, 2011, we were in the business
of  renting  cars  with a program  for  their  purchase  by their  lessees.  New
management  considers the rent to purchase of automobiles to be a more promising
operation for our  shareholders.  The  discussion  below  relates  solely to our
current operation.

FY ENDED 2/28/13 V. FY ENDED 2/29/12

REVENUES  increased to US$3,498,352 in FY ended 2/28/13 from US$2,197,978 in the
previous year, an increase of US$1,300,374 or 59.16%.  Management  believes that
this rate of increase  reflects  the  underlying  demand for our services in the
market, and the utilization of the funding raised.  Revenues principally consist
of gross  vehicle  rental  fees and are  related  to the number and value of the
vehicles being rented.  The accounting policy for revenue was changed in 2013 to
comply with US GAAP,  The  upfront  non-refundable  administration  fee now been
deferred over the average rental  period.  Simultaneously  the company  deferred
direct,  incremental  selling  costs related to the rental over the same average

                                       14
<PAGE>
rental period. The deferred income for 2013 is US$569,876 (2012: U$324,449.  The
deferred incremental costs for 2103 are $67,283. (2012:US$75,571).

EXPENSES  increased to US$3,001,825 in FY ended 2/28/13 compared to US$2,138,866
in FY ended 2/29/12, an increase of US$862,959 or 40.34%.  Selling,  general and
administrative  expenses  increased  from  US$537,333  in FY  ended  2/29/12  to
US$949,260  in FY ended  2/28/13,  an increase  of  US$411,927  or 76.66%.  This
increase  in costs is as  result  of the  increase  in the size of the fleet and
management  believes they have  sufficient  capacity to  significantly  grow the
fleet without increasing these costs substantially.

A change in estimate on the residual value of motor vehicles  reduced the amount
of depreciation  for the year as compared to the previous year. The depreciation
for 2013 was USD$511,799.  The change in estimate did not have a material impact
on the 2012 year end and the  depreciation  amount was unchanged at USD$516,119.
The reason for the change in estimate was that the second hand vehicle market in
South  Africa  has  strengthened  and the  values of second  hand  vehicles  had
increased.  In addition the company has been purchasing newer second hand models
which have a longer life.

Interest  expense  increased  to  $US406,680  in FY ended  2/28/13  compared  to
US$218,903  in  FY  ended  2/29/2012.   Interest  increased  as  result  of  the
utilization of the funding raised.

NET INCOME

Net Income  increased  from  US$60,792 in FY ended  2/29/12 to  US$524,559 in FY
ended 2/28/13. As we expand our vehicle rental fleet,  increased revenues may be
counterbalanced  by the fact that vehicle  depreciation is greatest in the early
years of the lease.

Our 2013 accounts include a change in accounting policy  necessitated due to the
difference  between our subsidiary  reporting and US GAAP. The accounting policy
for revenue recognition was changed. The upfront  non-refundable  administration
fee has now been  deferred over the average  rental  period of client  contracts
rather than taken in full. Simultaneously the company defers direct, incremental
selling costs related to the rental over the same average rental  period.

The net effect was to defer  income of  $502,593  into  future  years.  Had this
deferral not been made, current year earnings would have been US$778,274 and EPS
US$0.007.

PLAN OF OPERATION AND LIQUIDITY

Our plan of  operation  for 2013 is to continue  to expand our  business to meet
demand.  We are  currently in  discussions  that could realize $3.8m in new long
term car finance debt.  Should we raise the full quantum we will be able to grow
our fleet by approximately 450 cars.

The board will  continually  seek additional  financing  opportunities  which it
believes are in the best interests of the Company and its shareholders. If we do
not generate  sufficient cash from our intended financing  activities and sales,
we will be unable to operate our business at expanded  levels  which  management
believes  would benefit  shareholders.  If we are able to arrange debt or equity
financing it may be on terms that are not  beneficial to our  shareholders.  Any
financing   that  we  do  receive  may  dilute  the  interests  of  our  current
shareholders.  Other than the AVIS  US$0.3m  which is  available  on a revolving
basis and the term sheet for $2.2m (final contracts outstanding), we do not have
any agreements with any financing  source to obtain  financing on any particular
terms.

                                       15
<PAGE>
The Board has decided to  constrain  senior debt to 75% of total assets and will
ensure that senior debt interest will not exceed 40% of EBIT.

We had cash and cash  equivalents of US$682,096 as of February 28, 2013. We have
funded and will  continue to fund our  activities  primarily  through car rental
receipts and credit facilities.

SEASONALITY AND INFLATION

We do not believe that our business will be seasonal to any material extent.

CRITICAL ACCOUNTING POLICIES

Financial  Reporting  Release  No. 60 of the SEC  encourages  all  companies  to
include a  discussion  of critical  accounting  policies or methods  used in the
preparation  of  the  financial  statements.   There  are  no  material  revenue
generating  activities  that give rise to significant  assumptions or estimates.
Our most critical accounting policies as follows:

USE OF ESTIMATES AND ASSUMPTIONS

The  preparation of financial  statements in conformity  with U.S. GAAP requires
management to make estimates and assumptions that affect the reported amounts of
assets and  liabilities  and disclosure of contingent  assets and liabilities at
the date of the financial  statements and the reporting  amounts of revenues and
expenses during the reporting period.

The Company's  significant  estimates and assumptions  include the fair value of
financial  instruments;  the carrying value,  recoverability and impairment,  if
any, of long-lived  assets,  including the values  assigned to and the estimated
useful lives of oil and gas properties;  income tax rate,  income tax provision,
deferred tax assets and  valuation  allowance  of deferred  tax assets;  foreign
currency  exchange rate and the  assumption  that the Company will continue as a
going concern.  Those significant  accounting  estimates or assumptions bear the
risk of change due to the fact that there are  uncertainties  attached  to those
estimates or assumptions,  and certain estimates or assumptions are difficult to
measure or value.

Management  bases  its  estimates  on  historical   experience  and  on  various
assumptions  that are  believed to be  reasonable  in relation to the  financial
statements taken as a whole under the  circumstances,  the results of which form
the  basis  for  making  judgments  about the  carrying  values  of  assets  and
liabilities that are not readily apparent from other sources.

Management  regularly  evaluates the key factors and assumptions used to develop
the estimates utilizing currently  available  information,  changes in facts and
circumstances,  historical  experience  and reasonable  assumptions.  After such
evaluations,   and  if  deemed   appropriate,   those   estimates  are  adjusted
accordingly. Actual results could differ from those estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company follows  paragraph  825-10-50-10  of the FASB  Accounting  Standards
Codification for disclosures  about fair value of its financial  instruments and
has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification
("Paragraph   820-10-35-37")   to  measure  the  fair  value  of  its  financial
instruments.   Paragraph   820-10-35-37   of  the  FASB   Accounting   Standards
Codification  establishes  a framework  for  measuring  fair value in  generally
accepted accounting  principles (GAAP), and expands disclosures about fair value
measurements.   To  increase   consistency  and   comparability  in  fair  value
measurements  and  related  disclosures,  paragraph  820-10-35-37  of  the  FASB
Accounting  Standards  Codification  establishes  a fair value  hierarchy  which
prioritizes  the inputs to valuation  techniques used to measure fair value into
three (3) broad levels.  The fair value hierarchy gives the highest  priority to

                                       16
<PAGE>
quoted prices (unadjusted) in active markets for identical assets or liabilities
and the lowest  priority to  unobservable  inputs.  The three (3) levels of fair
value  hierarchy  defined  by  paragraph  820-10-35-37  of the  FASB  Accounting
Standards Codification are described below:

Level 1 Quoted market prices available in active markets for identical assets or
        liabilities as of the reporting date.

Level 2 Pricing inputs other than quoted prices in active markets included in
        Level 1, which are either directly or indirectly observable as of the
        reporting date.

Level 3 Pricing inputs that are generally observable inputs and not corroborated
        by market data.

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

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

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

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

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

RELATED PARTIES

The  Company  follows   subtopic   850-10  of  the  FASB  Accounting   Standards
Codification for the identification of related parties and disclosure of related
party transactions.

Pursuant to section  850-10-20 the related  parties include a) affiliates of the
Company;  b) entities for which  investments in their equity securities would be
required,  absent the  election  of the fair value  option  under the Fair Value
Option Subsection of section 825-10-15, to be accounted for by the equity method
by the investing entity; c) trusts for the benefit of employees, such as pension
and  profit-sharing  trusts  that are  managed  by or under the  trusteeship  of
management; d) principal owners of the Company; e) management of the Company; f)
other  parties  with which the  Company  may deal if one party  controls  or can
significantly  influence the management or operating policies of the other to an
extent  that one of the  transacting  parties  might  be  prevented  from  fully
pursuing its own separate interests; and g. other parties that can significantly
influence the  management or operating  policies of the  transacting  parties or
that  have an  ownership  interest  in one of the  transacting  parties  and can
significantly  influence  the  other  to an  extent  that  one  or  more  of the
transacting  parties  might be  prevented  from fully  pursuing its own separate
interests.

                                       17
<PAGE>
The financial  statements  shall include  disclosures of material  related party
transactions,  other than compensation  arrangements,  expense  allowances,  and
other similar items in the ordinary course of business.  However,  disclosure of
transactions  that are eliminated in the preparation of consolidated or combined
financial statements is not required in those statements.  The disclosures shall
include:  a) the nature of the  relationship(s)  involved b)  description of the
transactions, including transactions to which no amounts or nominal amounts were
ascribed, for each of the periods for which income statements are presented, and
such other  information  deemed  necessary to an understanding of the effects of
the  transactions  on  the  financial  statements;  c)  the  dollar  amounts  of
transactions  for each of the periods for which income  statements are presented
and the effects of any change in the method of establishing  the terms from that
used in the preceding  period;  and d) amounts due from or to related parties as
of the date of each balance sheet presented and, if not otherwise apparent,  the
terms and manner of settlement.

REVENUE RECOGNITION

The Company applies  paragraph  605-10-S99-1  of the FASB  Accounting  Standards
Codification for revenue recognition.  The Company recognizes revenue when it is
realized or realizable and earned.  The Company  considers  revenue  realized or
realizable and earned when all of the following criteria are met: (i) persuasive
evidence of an  arrangement  exists,  (ii) the  product has been  shipped or the
services have been  rendered to the customer,  (iii) the sales price is fixed or
determinable, and (iv) collectability is reasonably assured.

Revenues  from vehicle  rentals are  recognized as earned on a daily basis under
the related rental contracts with customers.  The upfront  administration fee is
non-refundable. However the company defers its upfront administration fee income
received at the inception of the rental contract over the average rental period.
Simultaneously the company defers direct,  incremental  selling costs related to
the rental of the vehicle over the same average rental period.  This is a change
in  accounting  policy and the new basis has been used to  calculate  revenue in
2013. The 2012 numbers have been restated to reflect the new policy.

FOREIGN CURRENCY TRANSACTIONS

The Company  applies the guidelines as set out in Section  830-20-35 of the FASB
Accounting  Standards  Codification  ("Section  830-20-35") for foreign currency
transactions.  Pursuant to Section  830-20-35 of the FASB  Accounting  Standards
Codification,  foreign currency  transactions  are  transactions  denominated in
currencies other than U.S. Dollar, the Company's reporting currency or the South
African Rand,  the Company's  South African  operating  subsidiary's  functional
currency. Foreign currency transactions may produce receivables or payables that
are fixed in terms of the amount of foreign  currency  that will be  received or
paid.  A change in  exchange  rates  between  the  functional  currency  and the
currency in which a  transaction  is  denominated  increases  or  decreases  the
expected  amount of  functional  currency  cash  flows  upon  settlement  of the
transaction.  That  increase or decrease in expected  functional  currency  cash
flows is a foreign  currency  transaction  gain or loss that generally  shall be
included in  determining  net income for the period in which the  exchange  rate
changes.  Likewise,  a transaction  gain or loss (measured from the  transaction
date or the most recent  intervening  balance  sheet date,  whichever  is later)
realized upon settlement of a foreign  currency  transaction  generally shall be
included in  determining  net income for the period in which the  transaction is
settled.  The  exceptions  to this  requirement  for  inclusion in net income of
transaction gains and losses pertain to certain intercompany transactions and to
transactions  that are designated as, and effective as,  economic  hedges of net
investments and foreign currency  commitments.  Pursuant to Section 830-20-25 of
the FASB  Accounting  Standards  Codification,  the following shall apply to all
foreign  currency  transactions  of an enterprise and its investees:  (a) at the
date the transaction is recognized,  each asset,  liability,  revenue,  expense,
gain, or loss arising from the transaction shall be measured and recorded in the
functional  currency  of the  recording  entity by use of the  exchange  rate in
effect at that date as  defined  in  section  830-10-20  of the FASB  Accounting

                                       18
<PAGE>
Standards  Codification;  and (b) at each balance sheet date,  recorded balances
that are  denominated  in  currencies  other  than the  functional  currency  or
reporting  currency  of the  recording  entity  shall be adjusted to reflect the
current exchange rate.

INCOME TAX PROVISION

The Company has provided for income taxes on its separate taxable income or loss
and other tax  attributes.  Deferred income taxes are provided for the temporary
differences  between  the  financial  reporting  basis  and the tax basis of the
Company's assets and liabilities. The Company has no tax liability in the United
States.

UNCERTAIN TAX POSITIONS

The Company did not take any uncertain tax positions and had no  adjustments  to
its income tax  liabilities  or benefits  pursuant to the  provisions of Section
740-10-25 for the year ended February 2013 or 2012.

FOREIGN CURRENCY TRANSLATION

The  Company's  functional  currency  is the South  African  Rand,  however  the
translation  into US  dollars  is the  presentation  bases  of  these  financial
statements.  Foreign assets and  liabilities  are translated  into US$ using the
exchange rate in effect at the balance sheet date, and results of operations are
translated  using an average rate for the period.  Translation  adjustments  are
accumulated  and  reported as a component  of  accumulated  other  comprehensive
income or loss.

COMPREHENSIVE INCOME (LOSS)

The  Company  applies  section  220-10-45  of  the  FASB  Accounting   Standards
Codification.   This   statement   establishes   rules  for  the   reporting  of
comprehensive  income and its components.  Comprehensive  income (loss), for the
Company,  consists  of  net  income  (loss)  and  foreign  currency  translation
adjustments  and  is  presented  in the  Company's  Consolidated  Statements  of
Operations and Comprehensive Income (Loss) and Stockholders' Equity.

NET INCOME (LOSS) PER COMMON SHARE

Net income (loss) per common share is computed  pursuant to section 260-10-45 of
the FASB Accounting Standards  Codification.  Basic net income (loss) per common
share is computed by dividing net income (loss) by the weighted  average  number
of shares of common  stock  outstanding  during the  period.  Diluted net income
(loss)  per common  share is  computed  by  dividing  net  income  (loss) by the
weighted  average number of shares of common stock and  potentially  outstanding
shares of common stock during the period to reflect the potential  dilution that
could occur from common  shares  issuable  through  contingent  shares  issuance
arrangement, stock options or warrants.

There  were no  potentially  outstanding  dilutive  shares  for the  year  ended
February 28, 2013 or February 29, 2012.

                                       19
<PAGE>
OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance  sheet  arrangements  that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial  condition,  revenues or expenses,  results of operations,  liquidity,
capital expenditures or capital resources that is material to investors.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Not applicable.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

Our financial  statements for the years ended February 28, 2013 and February 29,
2012, and the reports thereon of Silberstein Ungar, PLLC, are included following
the signature page.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
        FINANCIAL DISCLOSURE.

None.

ITEM 9A(T). CONTROLS AND PROCEDURES.

DISCLOSURE CONTROLS AND PROCEDURES

We maintain  disclosure  controls and  procedures  (as defined in Rule 13a-15(e)
under the Exchange Act) that are designed to ensure that  information that would
be required to be  disclosed  in Exchange  Act reports is  recorded,  processed,
summarized and reported within the time period  specified in the SEC's rules and
forms,  and  that  such  information  is  accumulated  and  communicated  to our
management,  including  to our  chief  executive  officer  and  chief  financial
officer,   as  appropriate,   to  allow  timely  decisions   regarding  required
disclosure.

As required by Rule 13a-15 under the Exchange  Act,  our  management,  including
John  Storey,  our  chief  executive  officer  and  Bruce  Dunnington  our chief
financial  officer,  evaluated the  effectiveness of the design and operation of
our disclosure  controls and  procedures as of February 28, 2013.  Based on that
evaluation,  Messrs.  Storey and  Dunnington  concluded  that as of February 28,
2013,  and as of the  date  that  the  evaluation  of the  effectiveness  of our
disclosure  controls and procedures was completed,  our disclosure  controls and
procedures  were not  effective  to satisfy  the  objectives  for which they are
intended.

MANAGEMENT'S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

Section 404 of the Sarbanes-Oxley Act of 2002 requires that management  document
and test the Company's internal control over financial  reporting and include in
this  Annual  Report  on Form 10-K a report on  management's  assessment  of the
effectiveness of our internal control over financial reporting.

This annual  report does not include an  attestation  report of our  independent
registered  public  accounting  firm regarding  internal  control over financial
reporting.  Management's report was not subject to attestation by our registered
public  accounting  firm  pursuant  to  temporary  rules of the  Securities  and
Exchange  Commission that permit us to provide only management's  report in this
annual report.

                                       20
<PAGE>
MANAGEMENT'S REMEDIATION INITIATIVES

In  an  effort  to  remediate  the  identified  material  weaknesses  and  other
deficiencies and enhance our internal  controls,  we have initiated,  or plan to
initiate, the following series of measures:

We will increase our personnel  resources  and  technical  accounting  expertise
within the  accounting  function when funds are available to us. First,  we will
undertake to segregate  duties  consistent  with  control  objectives  of having
separate  individuals  perform  (i) the  initiation  of  transactions,  (ii) the
recording  of  transactions  and (iii) the  custody of assets.  Second,  we will
create  additional  positions to focus on financial  reporting and standardizing
and  documenting  our  accounting  procedures  with the goal of  increasing  the
effectiveness of the internal controls in preventing and detecting misstatements
of  accounting  information.  Third,  we plan  to  appoint  one or more  outside
directors to our board of directors who shall be appointed to an audit committee
resulting  in a  fully  functioning  audit  committee  who  will  undertake  the
oversight in the  establishment and monitoring of required internal controls and
procedures  such as reviewing and approving  estimates and  assumptions  made by
management when funds are available to us.

Management  believes that the appointment of one or more outside directors,  who
shall be appointed to a fully functioning audit committee,  will remedy the lack
of a functioning  audit committee and a lack of a majority of outside  directors
on our Board.

We anticipate that these  initiatives will be at least partially,  if not fully,
implemented  by February  28,  2014.  Additionally,  we plan to test our updated
controls and remediate our deficiencies by February 28, 2014.

ITEM 9B. OTHER INFORMATION.

We do not have any  information  that was  required  to be  reported on Form 8-K
during the fourth quarter.

                                       21
<PAGE>
                                    PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT EMPLOYEES

The  following  table  sets  forth the  name,  age and  position  of each of our
directors and executive officers.

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

Graeme Thomas Hardie        68      Chairman of the Board, Director (since
                                    November 2011)

John Clifford Storey        51      President and CEO for the Company; Director,
                                    (since November 2011)

Bruce Dunnington            51      CFO for the Company; (since November 2011)

The  following is a brief  description  of the principal  occupation  and recent
business experience of each of our directors and executive officers:

DR GRAEME HARDIE: CHAIRMAN

Dr Graeme  Hardie has held the  position of Chairman of  Earn-A-Car  Inc.  since
December  2011.  Dr.  Hardie is currently  self-employed  as a  businessman  and
Architect.  Dr.  Hardie has been  Chairman of the Board of  Directors  since the
company's  plan of  reorganization  in December of 2011. He became a director at
the same time.

JOHN STOREY: PRESIDENT & CEO

John Storey has held the position of President  and CEO since  December of 2011,
the month the  company  entered  into plan of  reorganization  and  merger  with
Earn-A-Car  (Pty) Ltd, the South African Vehicle Rental Company.  Prior to that,
Mr. Storey was the Managing Director of m Cubed Capital,  a South African listed
company. He became a director in December 2011.

John Storey is a South African Chartered  Accountant and Member of South African
Chartered Institute of Accountants, Chartered member of the Institute of Bankers
in South  Africa,  has a Master of  Business  Administration  and  Institute  of
Marketing Management Diploma

BRUCE DUNNINGTON: CFO

Bruce  Dunnington has held the position of CFO of Earn-A-Car Inc. since December
of 2011.  Prior to that, Mr.  Dunnington was the Managing  Director of Automated
Outsourcing  Services  Limited  (South  African  company) a large,  high  volume
administrator.

Bruce Dunnington holds the following professional certifications;  South African
Chartered   Accountant  and  Member  of  South  Africa  Institute  of  Chartered
Accountants, Fellow member of the Chartered Institute of Management Accountants

                                       22
<PAGE>
COMPENSATION OF DIRECTORS

The Board of Directors may compensate  directors for their services as such. The
Board  of  Directors  may  also  provide  for  the  payment  of all  travel  and
out-of-pocket  expenses  in  connection  with  Directors'  attendance  at  Board
meetings.  Each board member serves for a one-year term until elections are held
at each annual meeting.

Beginning  December  1, 2011 The  Chairman of Board of  Directors  shall be paid
US$8,000 per year.

Directors are elected at the Company's  annual meeting of Stockholders and serve
for one year  until  the  next  annual  Stockholders'  meeting  or  until  their
successors  are  elected  and  qualified.  Officers  are elected by the Board of
Directors  and their  terms of office  are,  except to the  extent  governed  by
employment  contract,  at the discretion of the Board. The Company may reimburse
all  Directors  for their  expenses  in  connection  with  their  activities  as
directors of the Company.

FAMILY RELATIONSHIPS

There are no family relationships  amongst our management and directors,  except
that Graeme Hardie is John Storey's uncle.

INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

Our directors,  executive officers and control persons have not been involved in
any of the following events during the past five years:

     *    any bankruptcy petition filed by or against any business of which such
          person was a general  partner or executive  officer either at the time
          of the bankruptcy or within two years prior to that time;

     *    any conviction in a criminal  proceeding or being subject to a pending
          criminal  proceeding  (excluding  traffic  violations  and other minor
          offenses);

     *    being  subject to any order,  judgment,  or decree,  not  subsequently
          reversed,   suspended   or   vacated,   of  any  court  of   competent
          jurisdiction,   permanently   or   temporarily   enjoining,   barring,
          suspending  or  otherwise  limiting  his  involvement  in any  type of
          business, securities or banking activities; or

     *    being found by a court of competent  jurisdiction (in a civil action),
          the  Securities  and  Exchange  Commission  or the  Commodity  Futures
          Trading  Commission to have violated a federal or state  securities or
          commodities law, and the judgment has not been reversed, suspended, or
          vacated.

TERM OF OFFICE

The term of office of the current  directors  shall continue until new directors
are elected or appointed at an annual meeting of shareholders.

COMMITTEES OF THE BOARD AND FINANCIAL EXPERT

We do not have a  separately-designated  audit or compensation  committee of the
Board or any other Board-designated  committee. Audit and compensation committee
functions are performed by our Board of Directors.  We will form such committees
in the future as the need for such  committees may arise.  In addition,  at this

                                       23
<PAGE>
time we have  determined  that we do not  have  an  "audit  committee  financial
expert" as defined by the SEC on our Board.

CODE OF ETHICS

The Company has adopted a Code of Ethics that applies to its principal executive
officer, principal financial officer or controller or persons performing similar
functions.  Such Code of Ethics was filed with an amendment to a Form 8-K, dated
December 7, 20121.

ITEM 11. EXECUTIVE COMPENSATION.

The following Summary  Compensation  Table shows the compensation  awarded to or
earned  by our  Chief  Executive  Officer  and  other  most  highly  compensated
executive  officers for fiscal 2012. The persons listed in the following Summary
Compensation Table are referred to herein as the "Named Executive Officers."

                           SUMMARY COMPENSATION TABLE

<TABLE>
<CAPTION>
                                                                    Non-Equity     Nonqualified
 Name and                                                           Incentive        Deferred
 Principal                                    Stock      Option        Plan        Compensation    All Other
 Position         Year  Salary($)  Bonus($)  Awards($)  Awards($)  Compensation($)  Earnings($)  Compensation($) Totals($)
 --------         ----  ---------  --------  ---------  ---------  ---------------  -----------  --------------- ---------
<S>               <C>   <C>        <C>        <C>       <C>        <C>              <C>          <C>             <C>
John Storey       2012     [1]      6,787        0          0              0             0               0         6,787
President & CEO

Bruce Dunnington  2012     [1]      6,787        0          0              0             0               0         6,787
CFO
</TABLE>

----------
[1]  The officers of the company are currently  considered  "at-will" employees.
     The company has no compensation  agreements  with these  officers;  however
     simple compensation arrangements have been made and summarized as follows:

John Storey is currently  under an  arrangement  to receive no  compensation  as
President and CEO of the company.  No other compensation  arrangements have been
made with Mr.  Storey  at this  time.  Mr.  Storey is  currently  retained  as a
consultant,  and acting  President  &CEO for the company.  Mr Storey however was
paid a nominal  compensation  of R60,000  (US$6,787) for the year. He has waived
further compensation at this time

Bruce Dunnington is currently under an arrangement to receive no compensation as
CFO of the company.  No other compensation  arrangements have been made with Mr.
Dunnington at this time. Mr.  Dunnington is currently  retained as a consultant,
and  acting  CFO for the  company.  Mr  Dunnington  however  was paid a  nominal
compensation  of  R60,000  (US$6,787)  for  the  year.  He  has  waived  further
compensation at this time.

                                       24
<PAGE>
The  President  and CFO of the  company  have  largely  forgone  salaries  to an
undetermined  later date defined as some point in the future when the company is
in better financial  position to afford salary payments.  The major  shareholder
(not EAC) has agreed to  personally  incentivize  the President and CFO when the
company meets certain  milestones.  This is expected to be agreed before the end
of the next accounting period and will include options underwritten by the major
shareholder  (i.e.  at no dilution or cost to other  shareholders)  and a modest
salary  from the  Earn-a-Car  (Pty) Ltd in South  Africa.  Compensation  for any
directors of EAC will not exceed the current US$2,000 a quarter.

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END TABLE

None.

OPTION EXERCISES AND STOCK VESTED TABLE

None.

PENSION BENEFITS TABLE

None.

NONQUALIFIED DEFERRED COMPENSATION TABLE

None.

ALL OTHER COMPENSATION TABLE

None.

PERQUISITES TABLE

None.

POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL TABLE

None.

LONG-TERM INCENTIVE PLAN AWARDS

We do not have any long-term incentive plans that provide compensation  intended
to serve as incentive  for  performance  to occur over a period  longer than one
fiscal year,  whether such performance is measured by reference to our financial
performance, our stock price, or any other measure.

INDEMNIFICATION OF DIRECTORS AND EXECUTIVE OFFICERS AND LIMITATION OF LIABILITY

Nevada law generally permits us to indemnify our directors,  officers, employees
and agents.  Pursuant to the provisions of Nevada Revised Statutes 78.7502,  we,
as a corporation  organized in Nevada,  may indemnify our  directors,  officers,
employees and agents in accordance with the following:

(a) A  corporation  may  indemnify  any  person  who  was  or is a  party  or is
threatened to be made a party to any action, except an action by or in the right

                                       25
<PAGE>
of the corporation, by reason of the fact that he is or was a director, officer,
employee or agent of the corporation, or is or was serving at the request of the
corporation,  against  expenses,  actually  and  reasonably  incurred  by him in
connection  with the  action,  suit or  proceeding  if he: (a) is not liable for
breach of his  fiduciary  duties as a  director  or officer  pursuant  to Nevada
Revised  Statutes  78.138;  or (b) acted in good faith and in a manner  which he
reasonably  believed  to be in or not  opposed  to  the  best  interests  of the
corporation,  and,  with respect to any criminal  action or  proceeding,  had no
reasonable cause to believe his conduct was unlawful.

(b) A  corporation  may  indemnify  any  person  who  was  or is a  party  or is
threatened  to be  made  a  party  to  any  action  by or in  the  right  of the
corporation to procure a judgment in its favor, by reason of the fact that he is
or was a director,  officer, employee or agent of the corporation,  or is or was
serving  at the  request  of  the  corporation  against  expenses  actually  and
reasonably  incurred by him in connection  with the defense or settlement of the
action or suit if he:  (a) is not  liable  for  breach of his  fiduciary  duties
pursuant to Nevada Revised Statutes 78.138;  or (b) acted in good faith and in a
manner  which  he  reasonably  believed  to be in or not  opposed  to  the  best
interests  of the  corporation.  Indemnification  may not be made for any claim,
issue or  matter  as to  which  such a person  has been  adjudged  by a court of
competent jurisdiction, after exhaustion of all appeals there from, to be liable
to the corporation or for amounts paid in settlement to the corporation,  unless
and only to the extent that the court in which the action or suit was brought or
other court of competent  jurisdiction  determines upon application that in view
of all the  circumstances  of the case,  the  person is  fairly  and  reasonably
entitled to indemnity for such expenses as the court deems proper.

(c) To the extent that a director,  officer,  employee or agent of a corporation
has been successful on the merits or otherwise in defense of any action, suit or
proceeding, or in defense of any claim, issue or matter therein, the corporation
shall indemnify him against expenses,  including  attorneys' fees,  actually and
reasonably incurred by him in connection with the defense.

CHARTER PROVISIONS, BYLAWS AND OTHER ARRANGEMENTS OF THE REGISTRANT

Our  Certificate  of  Incorporation,  as amended,  does not contain any specific
language  enhancing  or limiting  the Nevada  statutory  provisions  referred to
above.

Insofar as indemnification  for liabilities arising under the Securities Act may
be permitted to our directors,  officers and controlling persons pursuant to the
foregoing provisions,  or otherwise, we have been advised that in the opinion of
the Securities and Exchange  Commission such  indemnification  is against public
policy and is, therefore, unenforceable.

ITEM 12.  SECURITY  OWNERSHIP OF CERTAIN  BENEFICIAL  OWNERS AND  MANAGEMENT AND
RELATED STOCKHOLDER MATTERS.

The following table sets forth information regarding beneficial ownership of our
common  stock as of February  29, 2012 by (i) any person or group with more than
5% of any  class of  voting  securities,  (ii)  each  director,  (iii) our chief
executive  officer and each other executive  officer whose cash compensation for
the most recent  fiscal year  exceeded  US$100,000  and (iv) all such  executive
officers and directors as a group.  Unless otherwise  specified,  the address of
each of the  persons  set forth  below is in care of the  Company,  Office 1 The
Falls  Centre,  Corner Great North and Webb,  Northmead,  Benoni 1522,  Union of
South Africa.  Except as indicated in the footnotes to this table and subject to
applicable  community  property  laws,  the  persons  named in the  table to our
knowledge  have sole voting and  investment  power with respect to all shares of
securities shown as beneficially owned by them..

                                       26
<PAGE>
    Name and Address                         Amount and Nature of      Percent
of Beneficial Owner            Office          Beneficial Owner       of Class
-------------------            ------          ----------------       --------
John Storey                 Director, CEO,                0               0%
                            President

Graeme Hardie               Chairman of          78,750,000(1)         70.0% (1)
210 Rutgers Place           the Board and
Nutley, New Jersey 07110    a Director,
                            Secretary,
                            Treasurer

Bruce Dunnington            COO                           0               0%

Depassez Investments Ltd    --                   78,750,000 (1)        70.0% (1)

All Officers and Directors
 as a group (3 Persons)                          78,750,000 (1)        70.0% (1)

----------
(1)  Depassez  Investments  Ltd is a  Seychelles  corporation  and  holds  these
     shares.  Mr. Hardie owns all of the shares of Depassez  Investments Ltd and
     accordingly, is the indirect owner of these shares.

The Company does not have any change of control or retirement  arrangements with
its executive officers.

CHANGES IN CONTROL

We know of no contractual  arrangements which may at a subsequent date result in
a change of control in the Company.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
         INDEPENDENCE.

During the year ended,  February 29, 2012, we acquired our present business from
Graeme  Hardie for  78,500,000  shares of our common  stock as  reported  on our
Current Report on Form 8-K, dated December 7, 2011, as amended.

DIRECTOR INDEPENDENCE

We do not believe that any of our  directors is considered  "independent"  under
Rule  400(a)(15)  of the National  Association  of  Securities  Dealers  listing
standards due to their share ownership or employment.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

AUDIT FEES

The aggregate fees billed by the Company's  auditors for  professional  services
rendered  in  connection  with  the  audit  of the  Company's  annual  financial
statements  for the year ended  February 28, 2013 in the Company's Form 10-K and
reviews of the  financial  statements  included  in the  Company's  Form 10-Q or
services  that are  normally  provided  by the  accountant  in  connection  with
statutory and  regulatory  filings or  engagements  was US$37,425 to Silberstein
Ungar, PLLC, our current independent registered public accounting firm.

                                       27
<PAGE>
TAX COMPLIANCE SERVICES

The aggregate fees billed by the Company's  auditors for  professional  services
rendered in connection with tax return preparation were US$0.

PRE-APPROVAL OF ALL SERVICES FROM THE INDEPENDENT AUDITORS

Effective May 6, 2003, the Securities and Exchange Commission adopted rules that
require that before our auditor is engaged by us or our  subsidiaries  to render
any auditing or permitted non-audit related service, the engagement be:

     -    approved by our audit committee; or
     -    entered  into  pursuant  to   pre-approval   policies  and  procedures
          established  by  the  audit  committee,   provided  the  policies  and
          procedures  are  detailed  as to the  particular  service,  the  audit
          committee  is  informed  of  each  service,   and  such  policies  and
          procedures  do  not  include   delegation  of  the  audit  committee's
          responsibilities to management.

We do not have an audit  committee,  however our board of directors  acts as the
audit  committee,  established  pre-approval  policies and  procedures as to the
particular  service  which do not include  delegation  of the audit  committee's
responsibilities to management. Our board of directors pre-approves all services
provided by our independent auditors and is informed of each service.

No other services were received or paid for to/by the Independent Auditor

                                     PART IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.

Exhibit No.                         Description
-----------                         -----------

  3.1        Articles  of  Incorporation,  incorporated  by  reference  to  like
             numbered exhibit filed with the Registrant's registration statement
             on Form S-1 filed March 11, 2010.

  3.2        Articles of Amendment,  incorporated by reference to Exhibit 3.1 of
             Current Report on Form 8-K filed March 30, 202.

  3.2        By -Laws,  incorporated by reference to like numbered exhibit filed
             with the  Registrant's  registration  statement  on Form S-1  filed
             March 11, 2010.

  10.1       Loan  Agreement  between  Civiwize  (proprietary)  Limited  (in the
             process of changing its name to EARN-A-CAR  ASSETS 1  (PROPRIETARY)
             LIMITED) and ABSA BANK LIMITED, dated May 29, 2012, incorporated by
             like number exhibit to the Registrant's Current Report on Form 8-K,
             dated May 29, 2012.

  14.1       Code of Ethics,  incorporated by reference to like numbered exhibit
             filed with the  Registrant's  amendment No. 1 to the Current Report
             on Form 8-K, dated December 7, 2011.

  22.1       Subsidiaries;  Subsidiaries;  100 % owned  by  Earn-a-Car  Pty Ltd,
             Civiwize (proprietary) Limited (in the process of changing its name
             to  EARN-A-CAR  ASSETS 1  (PROPRIETARY)  LIMITED),  a South African
             corporation   and   Earn-A-Car   (PTY),   LTD.,  a  South   African
             corporation.

                                       28
<PAGE>
  31.1       Certification  of the  Chief  Executive  Officer  pursuant  to Rule
             13a-14(a), as Adopted Pursuant to Section 302 of the Sarbanes-Oxley
             Act of 2002

  31.2       Certification  of the  Chief  Financial  Officer  pursuant  to Rule
             13a-14(a), as Adopted Pursuant to Section 302 of the Sarbanes-Oxley
             Act of 2002

  32.1       Certifications of the Chief Executive Officer pursuant to 18 U.S.C.
             Section   1350,   as  Adopted   Pursuant  to  Section  906  of  the
             Sarbanes-Oxley Act of 2002

  32.2       Certifications of the Chief Financial Officer pursuant to 18 U.S.C.
             Section   1350,   as  Adopted   Pursuant  to  Section  906  of  the
             Sarbanes-Oxley Act of 2002

  101*       Interactive Data Files pursuant to Rule 405 of Regulation S-T.

----------
* To be provided by amendment

                                       29
<PAGE>
                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                   EARN-A-CAR, INC.


June 13, 2013                      By: /s/ John Storey
                                       ----------------------------------------
                                       John Storey
                                       Chief Executive Officer
                                       (Principal Executive Officer)


                                   By: /s/ Bruce Dunnington
                                       ----------------------------------------
                                       Bruce Dunnington
                                       Chief Financial Officer (Principal
                                       Financial and Accounting Officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the registrant and
in the capacities and on the dates indicated.

       Signature                          Title                        Date
       ---------                          -----                        ----


/s/ Graeme Hardie            Chairman of the Board and a Director  June 13, 2013
-------------------------


/s/ John Storey              CEO and a Director                    June 13, 2013
-------------------------
John Storey

                                       30
<PAGE>
                                EARN-A-CAR, INC.

                                    CONTENTS

Report of Independent Registered Public Accounting Firm                     F-1

Balance Sheets as of February 28, 2013 and February 29, 2012                F-2

Statements of Operations for the years ended
February 28, 2013 and February 29, 2012                                     F-3

Statements of Other Comprehensive Income (Loss)
for the years ended February 28, 2013 and February 29, 2012                 F-4

Statement of Stockholders' Equity as of
February 28, 2013                                                           F-5

Statements of Cash Flows for the years ended
February 28, 2013 and February 29, 2012                                     F-6

Notes to the Financial Statements                                           F-7
<PAGE>
Silberstein Ungar, PLLC CPAs and Business Advisors
--------------------------------------------------------------------------------
                                                            Phone (248) 203-0080
                                                              Fax (248) 281-0940
                                                30600 Telegraph Road, Suite 2175
                                                    Bingham Farms, MI 48025-4586
                                                                  www.sucpas.com

             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Earn-A-Car, Inc.
Benoni, South Africa

We have  audited  the  accompanying  balance  sheets  of  Earn-A-Car,  Inc as of
February  28,  2013  and  February  29,  2012,  and the  related  statements  of
operations,  other comprehensive income (loss),  stockholders'  equity, and cash
flows  for  the  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 audits.

We conducted our audits in accordance  with the standards of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and  perform  the  audits to  obtain  reasonable  assurance  about  whether  the
financial  statements  are  free  of  material  misstatement.  The  Company  has
determined  that it is not required to have, nor were we engaged to perform,  an
audit of its internal  control over  financial  reporting.  Our audits  included
consideration  of  internal  control  over  financial  reporting  as a basis for
designing audit  procedures that are appropriate in the  circumstances,  but not
for the purpose of expressing an opinion on the  effectiveness  of the Company's
internal  control  over  financial  reporting.  Accordingly,  we express no such
opinion.  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 audits provide a reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects, the financial position of Earn-A-Car, Inc. as of February
28, 2013 and February 29, 2012, and the results of its operations and cash flows
for the years then ended,  in conformity with  accounting  principles  generally
accepted in the United States of America.


/s/ Silberstein Ungar, PLLC
-------------------------------------
Silberstein Ungar, PLLC
Bingham Farms, Michigan
June 12, 2013

                                      F-1
<PAGE>
                                EARN-A-CAR, INC.
                                 BALANCE SHEETS
                     FEBRUARY 28, 2013 AND FEBRUARY 29, 2012

<TABLE>
<CAPTION>
                                                                      February 28, 2013     February 29, 2012
                                                                      -----------------     -----------------
                                                                                               (Restated)
<S>                                                                   <C>                   <C>
                                     ASSETS

Current Assets
  Cash and cash equivalents                                              $   682,096           $   171,354
  Receivables, net                                                           418,707                99,721
                                                                         -----------           -----------
Total Current Assets                                                       1,100,803               271,075
                                                                         -----------           -----------

Property and equipment, net                                                   24,958                14,242
                                                                         -----------           -----------
Revenue-earning vehicles, net                                              4,858,545             2,982,060
                                                                         -----------           -----------
Other Assets
  Loan receivable                                                              7,037                15,312
  Deferred costs                                                              67,283                75,571
                                                                         -----------           -----------
Total Other Assets                                                            74,320                90,883
                                                                         -----------           -----------

TOTAL ASSETS                                                             $ 6,058,626           $ 3,358,260
                                                                         ===========           ===========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Current Liabilities
  Accounts payable                                                       $   510,994           $   292,447
  Accrued expenses                                                            51,154                51,747
  Deferred income                                                            569,876               324,449
  Current portion of leases payable                                          714,948               593,533
  Current portion of loans payable                                           731,271               152,243
                                                                         -----------           -----------
Total Current Liabilities                                                  2,578,243             1,414,419
                                                                         -----------           -----------
Long-term Debt
  Loans from shareholders                                                          0                 1,000
  Leases payable                                                             634,885               741,582
  Loans payable                                                            2,031,641               726,808
                                                                         -----------           -----------
Total Long-term Debt                                                       2,666,526             1,469,390
                                                                         -----------           -----------

Total Liabilities                                                          5,244,769             2,883,809
                                                                         -----------           -----------
Stockholders' Equity
  Common stock, $0.0000001 par value, 250,000,000 shares authorized,
   112,250,000 shares issued and outstanding                                      11                    11
  Additional paid in capital                                                   5,423                 5,423
  Accumulated other comprehensive (loss)                                    (214,695)              (29,542)
  Retained earnings                                                        1,023,118               498,559
                                                                         -----------           -----------
Total Stockholders' Equity                                                   813,857               474,451
                                                                         -----------           -----------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                               $ 6,058,626           $ 3,358,260
                                                                         ===========           ===========
</TABLE>

                 See accompanying notes to financial statements.

                                      F-2
<PAGE>
                                EARN-A-CAR, INC.
                            STATEMENTS OF OPERATIONS
           FOR THE YEARS ENDED FEBRUARY 28, 2013 AND FEBRUARY 29, 2012

<TABLE>
<CAPTION>
                                                         For the               For the
                                                        year ended            year ended
                                                    February 28, 2013     February 29, 2012
                                                    -----------------     -----------------
                                                                             (Restated)
<S>                                                  <C>                   <C>
Revenues
  Vehicle rentals                                     $  3,478,025          $  2,186,705
  Other                                                     20,327                11,273
                                                      ------------          ------------
Total Revenues                                           3,498,352             2,197,978
                                                      ------------          ------------
Expenses
  Direct vehicle and operating                           1,134,086               866,511
  Vehicle depreciation                                     511,799               516,119
  Selling, general and administrative                      949,260               537,333
  Interest expense                                         406,680               218,903
                                                      ------------          ------------
Total Expenses                                           3,001,825             2,138,866

                                                      ------------          ------------
Operating Income                                           496,527                59,112

Other Income
  Interest income                                           28,032                 1,680
                                                      ------------          ------------

Net Income Before Provision for Income Taxes               524,559                60,792

Provision for Income Taxes                                       0                     0
                                                      ------------          ------------

Net Income                                            $    524,559          $     60,792
                                                      ============          ============

Earnings per Share                                    $      0.005          $       0.00
                                                      ============          ============

Weighted Average Common Shares Outstanding             112,250,000            41,435,997
                                                      ============          ============
</TABLE>


                 See accompanying notes to financial statements.

                                      F-3
<PAGE>
                                EARN-A-CAR, INC.
                 STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS)
           FOR THE YEARS ENDED FEBRUARY 28, 2013 AND FEBRUARY 29, 2012

<TABLE>
<CAPTION>
                                                         For the               For the
                                                        year ended            year ended
                                                    February 28, 2013     February 29, 2012
                                                    -----------------     -----------------
                                                                             (Restated)
<S>                                                  <C>                   <C>
Net Income                                              $ 524,559             $  60,792
                                                        ---------             ---------
Foreign Currency Translation
  Change in cumulative translation adjustment            (185,153)              (23,750)
                                                        ---------             ---------

Total                                                   $(185,153)            $ (23,750)
                                                        =========             =========
</TABLE>


                 See accompanying notes to financial statements.

                                      F-4
<PAGE>
                                EARN-A-CAR, INC.
                        STATEMENT OF STOCKHOLDERS' EQUITY
                             AS OF FEBRUARY 28, 2013

<TABLE>
<CAPTION>
                                                                                 Accumulated
                                               Common Stock       Additional        Other
                                           -------------------     Paid-in      Comprehensive    Retained
                                           Shares       Amount     Capital          Loss         Earnings       Total
                                           ------       ------     -------          ----         --------       -----
<S>                                     <C>            <C>        <C>          <C>            <C>            <C>
Balance, February 28, 2011                      500     $    60    $     --     $   (5,792)    $   437,767    $  432,035

Loss on currency translation                     --          --          --        (23,750)             --       (23,750)

Reorganization adjustment               233,749,500         (35)      5,409             --              --         5,374

Cancellation of  stock                 (121,500,000)        (14)         14             --              --            --

Net income for the year ended
 February 29, 2012                               --          --          --             --          60,792        60,792
                                       ------------     -------    --------     ----------     -----------    ----------

Balance, February 29, 2012 (Restated)   112,250,000          11       5,423        (29,542)        498,559       474,451

Loss on currency translation                     --          --          --       (185,153)             --      (185,153)

Net income for the year ended
 February 28, 2013                               --          --          --             --         524,559       524,559
                                       ------------     -------    --------     ----------     -----------    ----------

Balance, February 28, 2013              112,250,000     $    11    $  5,423     $ (214,695)    $ 1,023,118    $  813,857
                                       ============     =======    ========     ==========     ===========    ==========
</TABLE>

                 See accompanying notes to financial statements.

                                      F-5
<PAGE>
                                EARN-A-CAR, INC.
                            STATEMENTS OF CASH FLOWS
           FOR THE YEARS ENDED FEBRUARY 28, 2013 AND FEBRUARY 29, 2012

<TABLE>
<CAPTION>
                                                                 For the               For the
                                                                year ended            year ended
                                                            February 28, 2013     February 29, 2012
                                                            -----------------     -----------------
                                                                                     (Restated)
<S>                                                          <C>                   <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income for the year                                      $   524,559           $    60,792
  Adjustments to Reconcile Net Income to Net
   Cash Provided by Operating Activities:
     Depreciation                                                  511,799               516,119
     Net losses from disposition of revenue-earning vehicles             0                69,010
  Change in Assets and Liabilities:
     (Increase) in receivables                                    (318,986)              (60,760)
     (Increase) decrease in deferred costs                           8,288               (75,571)
     Increase in accounts payables                                 218,547                72,045
     Increase (decrease) in accrued expenses                          (593)               30,713
     Increase in deferred income                                   245,427               324,449
                                                               -----------           -----------
NET CASH PROVIDED BY OPERATING ACTIVITIES                        1,189,041               936,797
                                                               -----------           -----------
CASH FLOWS FROM INVESTING ACTIVITIES
  Purchase of revenue-earning vehicles:                         (2,388,284)           (1,196,591)
  Purchase of property, equipment and software:                    (10,716)              (11,401)
  Collections of loans extended                                      8,275                14,540
                                                               -----------           -----------
NET CASH USED BY INVESTING ACTIVITIES                           (2,390,725)           (1,193,452)
                                                               -----------           -----------
CASH FLOWS FROM FINANCING ACTIVITIES
  Additional paid in capital, due to merger                              0                 5,374
  Proceeds from (Payments on) leases payable (net)                 (52,476)              761,928
  Proceeds from (Payments on) loans payable (net)                1,951,055              (288,144)
  Proceeds from (Payments on) shareholder loans (net)               (1,000)              (96,879)
                                                               -----------           -----------
NET CASH PROVIDED BY FINANCING ACTIVITIES                        1,897,579               382,279
                                                               -----------           -----------

Exchange rate effect on cash and cash equivalents                 (185,153)              (23,750)

Net Increase in Cash and Cash Equivalents                          510,742               101,874
Cash, beginning of period                                          171,354                69,480
                                                               -----------           -----------

Cash, end of period                                            $   682,096           $   171,354
                                                               ===========           ===========
SUPPLEMENTAL CASH FLOW INFORMATION:
  Cash paid for interest                                       $   406,680           $   218,903
                                                               ===========           ===========
  Cash paid for income taxes                                   $         0           $         0
                                                               ===========           ===========
</TABLE>

                 See accompanying notes to financial statements.

                                      F-6
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business - Earn-A-Car,  Inc.  (formerly  Victoria  Internet  Services,
Inc.) was  incorporated  in the State of Nevada on October 9, 2009.  The company
was  organized  to  operate as an online  tax  preparation  service in the North
American market. On December 7, 2011, prior to commencing those operations,  the
company has opted to change its  business  focus to the daily rental of vehicles
in the South African market.

On  December 7, 2011,  a  simultaneous  execution  and closing was held under an
Agreement and Plan of Reorganization (the Plan"), by and among Victoria Internet
Services,  Inc.  (the  "Company"  "us" "we" ), Leon Golden  (our then  principal
shareholder)  ("Golden") and  Earn-A-Car  (PTY),  LTD., a corporation  organized
under the laws of the Republic of South Africa ("EAC") and Depassez  Investments
Ltd, a Seychelles corporation ("DPL"), owned by Graeme Hardie (our new principal
shareholder) ("Hardie").

Under the Plan DPL  acquired  78,500,000  shares of our common stock from Golden
for $150,000 and the balance of Golden's  205,000,000  shares were  submitted to
the transfer agent for cancellation and DPI contributed all of the shares of EAC
to the Company so that EAC became a wholly owned  subsidiary  of the Company and
the business of the Company is now the business of EAC. Mr. Golden also resigned
as an officer and director of the Company and John Storey  ("Storey") and Hardie
were elected as directors and Storey was appointed CEO and President with Hardie
being appointed Chairman of the board.

On February 10, 2012 the Company filed an amendment  with the Secretary of State
for  Nevada  to gain  permission  to  change  its name  from  Victoria  Internet
Services,  Inc.  to  Earn-A-Car,  Inc. In  conjunction  with the name change the
Company also filed to have a new symbol on the Over The Counter  Bulletin  Board
(OTCBB).  As of March 8, 2012 the  Company  no longer is listed  with the symbol
VRIS, and is now listed on the OTCBB as EACR.

Earn-A-Car  (Pty) Ltd - The wholly owned  subsidiary was  incorporated  in South
Africa on July 2, 2005,  and is  primarily  engaged in the business of the daily
rental of vehicles  to business  and  leisure  customers  through  company-owned
stores in the country of South  Africa.  On July 18, 2011,  its name was changed
from "EasyCars Rental and Sales (PTY) Ltd." to "Earn-A-Car (PTY) Ltd.".

Earn-A-Car  Assets 1 Pty. Ltd. - the wholly owned  subsidiary  Earn-A-Car  (Pty)
Ltd.  purchased  a  wholly  owned  subsidiary  in June  2012,  the  name of this
purchased entity is Earn-A-Car Assets 1 Pty. Ltd. The function of this entity is
to hold title to vehicles that are purchased  through  financing  which requires
specific assets to be held as collateral for those loans.  All of the assets and
liabilities  of this  entity are  consolidated  and  included  in the  presented
financial  statements  according to generally accepted accounting  principles of
the United States.

Basis of Presentation- The accompanying  financial statements have been prepared
in accordance with accounting principles generally accepted in the United States
of America and are presented in U.S. Dollars. In the opinion of management,  all
adjustments necessary in order for the financial statements to be not misleading
have been reflected herein. The Company has selected a February 28 year end.

Estimates - The preparation of the Company's  consolidated  financial statements
in conformity with accounting principles generally accepted in the United States
of America requires management to make estimates and assumptions that affect the
reported  amounts and  disclosures  in the  consolidated  financial  statements.
Actual results could differ materially from those estimates.

                                      F-7
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Cash and Cash Equivalents - Cash and cash  equivalents  include cash on hand and
on deposit, including highly liquid investments with initial maturities of three
months or less.  At  February  28,  2013 and  February  29, 2012 the Company had
$682,096 and $171,354 in cash and cash equivalents, respectively.

Allowance  for  Doubtful  Accounts  - An  allowance  for  doubtful  accounts  is
generally  established during the period in which receivables are recorded.  The
allowance is maintained at a level deemed  appropriate  based on loss experience
and other factors affecting collectability. As of February 28, 2013 and February
29,  2012  the  Company  had  $7,444  and  $264,189  in  impaired   receivables,
respectively.  The  allowance  for these  impaired  receivables  was $14,359 and
$164,259  for  the  years  ended  February  28,  2013  and  February  29,  2012,
respectively.

Financing  Issue  Costs -  Financing  issue  costs  related to vehicle  debt are
deferred  and  amortized  to interest  expense over the term of the related debt
using the effective interest method.

Receivables  and  Payables - Trade  receivables  and  payables  are  measured at
initial  recognition  at fair value,  and are  subsequently  measured  using the
effective  interest  rate  method  of  valuation.   Appropriate  allowances  for
estimated  uncollectible  receivable  balances are  recognized in profit or loss
when there is evidence of  impairment.  Payables  includes all accrued cash back
liability  to clients as adjusted  as required  for the Company to meet its cash
back obligation to its clients.  The amount is determined at contract  inception
and is the  approximate  amount  required  to generate a lump sum at end of cash
back period  sufficient to match the future carrying value of the car at the end
of this period. Cash back is accrued for monthly and the accrual is adjusted for
regularly as required to ensure no shortfall occurs at the end of the period.

Revenue-Earning   Vehicles   and   Related   Vehicle   Depreciation   Expense  -
Revenue-earning vehicles are stated at cost, net of related discounts.

The Company must estimate what the residual  values of these vehicles will be at
the  expected  time of disposal to determine  monthly  depreciation  rates.  The
estimation of residual values requires the Company to make assumptions regarding
the age and mileage of the car at the time of  disposal,  as well as the general
used vehicle auction market.  The Company  evaluates  estimated  residual values
periodically,  and adjusts  depreciation  rates  accordingly,  on a  prospective
basis.

Differences  between actual  residual  values and those estimated by the Company
result  in a gain or loss on  disposal  and are  recorded  as an  adjustment  to
depreciation  expense.  Actual timing of disposal  either shorter or longer than
the life used for depreciation  purposes could result in a loss or gain on sale.
Generally, the average holding term for vehicles is approximately 7 years.

Property  and  Equipment - Property and  equipment  are recorded at cost and are
depreciated using principally the straight-line method over the estimated useful
lives of the related assets.  Estimated useful lives generally range from ten to
thirty years for buildings and improvements and two to seven years for furniture
and equipment.  Leasehold  improvements  are amortized over the estimated useful
lives of the related assets or leases,  whichever is shorter. The average useful
lives of fixed assets are as follows:

         Motor vehicles                     6 years
         Computer equipment                 3 years
         Computer software                  2 years
         Leased assets - motor vehicles     6 years

Long-Lived  Assets  - The  Company  reviews  the  value  of  long-lived  assets,
including  software,  for impairment whenever events or changes in circumstances
indicate that the carrying amount of an asset may not be recoverable  based upon
estimated  future  cash flows and records an  impairment  charge,  equaling  the
excess of the  carrying  value over the  estimated  fair value,  if the carrying
value exceeds estimated future cash flows.

                                      F-8
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Foreign Currency  Translation - The Company's  functional  currency is the South
African Rand, the translation into US dollars is the presentation bases of these
financial  statements.  Foreign assets and liabilities are translated  using the
exchange rate in effect at the balance sheet date, and results of operations are
translated  using an average rate for the period.  Translation  adjustments  are
accumulated  and  reported as a component  of  accumulated  other  comprehensive
income or loss.

Revenue  Recognition - Revenues from vehicle rentals are recognized as earned on
a daily basis under the related  rental  contracts with  customers.  The upfront
administration  fee is non  refundable.  However the company  defers its upfront
administration  fee income received at the inception of the rental contract over
the average rental period. Simultaneously the company defers direct, incremental
selling costs related to the rental of the vehicle over the same average  rental
period. This is a change in accounting policy and the new basis has been used to
calculate  revenue in 2013.  The 2012 numbers have been  restated to reflect the
new policy.

Advertising Costs - Advertising costs are primarily expensed as incurred. During
the years ended  February 28, 2013 and February 29, 2012,  the Company  incurred
advertising expense of $84,087 and $16,494, respectively.

Income Taxes - The Company has provided for income taxes on its separate taxable
income or loss and other tax attributes.  Deferred income taxes are provided for
the  temporary  differences  between the financial  reporting  basis and the tax
basis of the Company's assets and liabilities.  The Company has no tax liability
in the United States.

Earnings Per Share - Basic  earnings  per share  ("EPS") is computed by dividing
net income (loss) by the weighted  average  number of common shares  outstanding
during the period.  Diluted EPS is based on the combined weighted average number
of common shares and common share equivalents  outstanding which include,  where
appropriate,  the assumed  exercise of options.  There were no such common stock
equivalents outstanding at February 28, 2013.

Other Comprehensive  Income (Loss) - Comprehensive income (loss) consists of net
income (loss) and other gains and losses  affecting  stockholder's  equity that,
under GAAP,  are excluded from net income  (loss),  including  foreign  currency
translation  adjustments,   gains  and  losses  related  to  certain  derivative
contracts,  and gains or losses,  prior service costs or credits, and transition
assets or obligations  associated with pension or other postretirement  benefits
that have not been recognized as components of net periodic benefit cost.

Stock-Based  Compensation  - Stock-based  compensation  is accounted for at fair
value in accordance  with ASC 718. To date,  the Company has not adopted a stock
option plan and has not granted any stock options.

New Accounting  Standards - The Company does not expect the adoption of recently
issued accounting  pronouncements to have a significant  impact on the Company's
results of operations, financial position or cash flow.

                                       F-9
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


2. REVENUE-EARNING VEHICLES

Revenue-earning vehicles consist of the following:

                                             February 28,           February 29,
                                                2013                   2012
                                             -----------            -----------

Revenue-earning vehicles                     $ 6,212,677            $ 4,028,709
Less accumulated depreciation                 (1,354,132)            (1,046,649)
                                             -----------            -----------
Revenue-earning vehicles, net                $ 4,858,545            $ 2,982,060
                                             ===========            ===========

3. PROPERTY AND EQUIPMENT

Major classes of property and equipment consist of the following:

                                             February 28,           February 29,
                                                2013                   2012
                                             -----------            -----------

Computer equipment                             $ 23,353               $ 17,757
Computer software                                 2,368                  5,649
Other fixed assets including signage              8,664                      0
                                               --------               --------
Subtotal                                         34,385                 23,406
Less accumulated depreciation                    (9,427)                (9,164)
                                               --------               --------
Property and equipment, net                    $ 24,958               $ 14,242
                                               ========               ========

For the years ended 2013 and 2012, the Company recorded  depreciation expense of
$511,799 and $516,119, respectively.

4. LOANS RECEIVABLE

At February 28, 2013 and February  29,  2012,  the Company has a receivable  due
under a settlement agreement with a former employee with a balance of $7,037 and
$15,312,  respectively.  This loan is to be repaid  with  interest  of 10% in 48
equal installments of approximately $425; the payments began in March, 2011.

                                      F-10
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


5. DEBT AND OTHER OBLIGATIONS

Debt and other obligations consist of the following:

<TABLE>
<CAPTION>
                                                                   February 28,         February 29,
                                                                      2013                 2012
                                                                   ----------           ----------
<S>                                                                <C>                  <C>
Loan payable - individual - unsecured, interest bearing,
no fixed repayment terms                                           $   22,625           $   26,546

Loan payable - individual - unsecured, interest bearing,
no fixed repayment terms                                               11,312               66,366

Loan payable - individual - unsecured, interest bearing,
no fixed repayment terms                                               56,562               90,257

Loan payable - individual - unsecured, interest bearing,
no fixed repayment terms                                               41,008              104,373

Loan payable - other - unsecured, interest bearing,
no fixed repayment terms                                               68,027              252,488

Loan  payable - bank - secured by assets of the  company,
bearing interest of JIBAR plus 5% per annum, repayable in
quarterly installments beginning 30 September 2012                  2,356,765                    0

Loan payable - other - unsecured, interest bearing,
no fixed repayment terms                                              151,181                    0

Loan payable - Jay & Jayendra (Pty) Ltd. Secured by
company vehicles, bearing an interest rate of the prime
rate, payable within 12 months                                              0              159,278

Loan payable - other - unsecured, 2% per month interest,
repayable within 60 days after year end, subject to
default immediate repayment stipulation                                     0              119,458

Loan payable - other - unsecured, interest bearing,
no fixed repayment terms                                               27,943               60,285

Loan payable - other - unsecured, interest bearing,
no fixed repayment terms                                               27,489                    0
                                                                   ----------           ----------

Total                                                               2,762,912              879,051

Less: Current portion of loans payable                               (731,271)            (152,243)
                                                                   ----------           ----------
Long-term portion of loans payable                                 $2,031,641           $  726,808
                                                                   ==========           ==========
</TABLE>

                                      F-11
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


5. DEBT AND OTHER OBLIGATIONS (CONTINUED)

Expected  maturities of debt and other  obligations  outstanding at February 28,
2013 are as follows:

                                   Loan Amounts     Lease Amounts       Total
                                   ------------     -------------     ----------
Year ending February 28, 2014       $  731,271        $  714,948      $1,446,219
Year ending February 28, 2015       $  970,194        $  329,883      $1,300,077
Year ending February 28, 2016       $  942,706        $  293,065      $1,235,771
Year ending February 28, 2017       $        0        $   11,937      $   11,937
Year ending February 28, 2018       $        0        $        0      $        0
Thereafter                          $  118,741        $        0      $  118,741
                                    ----------        ----------      ----------
      Total                         $2,762,912        $1,349,833      $4,112,745
                                    ==========        ==========      ==========

Installment  sales and lease  contracts  are  secured by  installment  sales and
finance lease  agreements  over revenue  generating  vehicles,  having  carrying
values at February  28,  2013 of  $1,337,101  and  $3,224,012  respectively  and
carrying  values at February 29, 2012 of $546,796 and  $1,624,501  respectively.
These   installment   sales  and  lease   contracts  are  repayable  in  monthly
installments  for 2013 of $16,626  and  $44,874  respectively  and 2012  monthly
installments of $15,443 and $58,647 respectively.

6. PROVISION FOR INCOME TAXES

The  Company has no  obligation  for any  federal or state  income  taxes in the
United  States.  Further,  no provision has been made for taxes in South Africa,
which has a corporate  income tax rate of 28%, for the years ended  February 28,
2013 and February 29, 2012 because our taxable losses and loss carryovers exceed
the  income  in those  years.  At  February  28,  2013 and  February  29,  2012,
respectively,  the Company had net losses of approximately $524,559 and $379,175
available in South Africa that can be carried  forward to offset future  taxable
income.  Due to the  uncertainty  of future  taxable  income,  the  Company  has
recorded a valuation  allowance of 100% of the  deferred tax asset,  so that our
deferred tax asset at both February 28, 2013 and February 29, 2012 was $0.

7. EQUITY

On  November  14, 2011 the  Company  filed a  certificate  of  amendment  to the
articles of incorporation which caused a 50 for 1 forward common stock split and
an increase in authorized common shares to 250,000,000.

On January 19, 2012 the Company  cancelled  121,500,000  shares of common  stock
that were held by Leon Golden,  the former owner of Victoria Internet  Services,
Inc.

As of February  28, 2013 and  February  29, 2012 there were  112,250,000  common
shares outstanding.

The Company is authorized to issue  20,000,000  preferred shares of stock. As of
February 28, 2013 and February 29, 2012 there were no (0) shares outstanding.

                                      F-12
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


8. COMMITMENTS AND CONTINGENCIES

Operating Leases

The Company  operates from various leased premises under  operating  leases with
terms up to 5 years.  Some of the leases contain renewal options.  No contingent
rent is payable.

Expenses incurred under operating leases for the period were as follows:

                                           February 28,            February 29,
                                              2013                    2012
                                            --------                --------
Operating leases:
  Premises                                  $ 52,526                $ 13,872
                                            --------                --------
                                            $ 52,526                $ 13,872
                                            ========                ========

Future minimum rentals and fees under non-cancelable operating leases for the 12
month periods are presented in the following table:

February 28, 2014                           $      0
February 28, 2015                           $      0
February 28, 2016                           $      0
February 29, 2017                           $      0
February 28, 2018                           $      0

At  February  28,  2013,  the  Company  had  no  outstanding   vehicle  purchase
commitments over the next twelve months.

9. RELATED PARTY TRANSACTIONS

The  Company  engages in  activities  with  parties  who hold  ownership  in the
Company. The Company borrows funds from related parties and pays consulting fees
to related parties. The related party transactions are as follows:

                                                  February 28,      February 29,
                                                     2013              2012
                                                   --------          --------
Loans payable to shareholders/related parties:
  G. Hardie                                        $  4,000          $  1,000
                                                   --------          --------

Total loans payable to related parties             $  4,000          $  1,000
                                                   ========          ========
Compensation paid to directors
  G. Hardie                                        $  4,000          $      0
  John Storey                                         6,787                 0
                                                   --------          --------
Total compensation paid to directors               $ 10,787          $      0
                                                   ========          ========

                                      F-13
<PAGE>
                                EARN-A-CAR, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 28, 2013


10. SUBSEQUENT EVENTS

The Company has analyzed its operations  subsequent to February 28, 2013 through
the date these financial statements were issued, and has determined that it does
not have any material subsequent events to disclose.

11. CORRECTION OF ERRORS AND RESTATEMENTS

The Company has restated its beginning balances for 2013, as well as the balance
sheet  and  statement  of  operations  for  2013 to  correctly  account  for the
recognition of revenue on up-front  income in terms of US GAAP. Per US GAAP, the
Company has now deferred the  non-refundable  up-front income it receives in the
first month of the rental  contract over the company's  average rental period of
20 months. Simultaneously the company deferred direct, incremental selling costs
related to the rental of the vehicle over the same average  rental  period.  The
company used to account for all the up-front  non-refundable  income once it was
due and payable as this is the accounting policy for the subsidiaries.

The  beginning  balances  February 29, 2012 in the income  statement and balance
sheet have been restated to correct the  presentation of the deferred income and
deferred costs and to correct the errors from 2012 detailed above.

The  following  are the  previous and  corrected  balances for the year ended 29
February 2012:

<TABLE>
<CAPTION>
February 29, 2012 Financial Statement                                                             Previously
     Beginning Balances                          Line Item                         Corrected        Stated
     ------------------                          ---------                         ---------        ------
<S>                                         <C>                                 <C>                 <C>
Balance Sheet                                Deferred Income                        324,449                0
Balance Sheet                                Deferred Costs                          75,571                0
Balance Sheet                                Retained earnings                      498,559          753,173
Statement of Operations                      Rental Income                        2,186,705        2,518,631
Statement of Operations                      Direct motor vehicle costs             866,511          943,823
Statement of Other comprehensive Income      Net Income                              60,792          315,406
Cash Flows                                   Net cash provided by operating
                                             activities                             943,271          949,007
</TABLE>

                                      F-14