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 29, 2012

                                       OR

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

             For the transition period from __________ to __________

                         Commission File No.: 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, 2012: US$1,010,250.

The number of shares of the registrant's common stock outstanding as of June 11,
2012: 112,250,000.
<PAGE>
                        INDEX TO FORM 10-K ANNUAL REPORT

                                                                            Page
                                                                            ----
PART I

Item 1.     Business                                                          3

Item 1A.    Risk Factors                                                      7

Item 1A.    Unresolved Staff Comments                                        12

Item 2.     Properties                                                       12

Item 3.     Legal Proceedings                                                12

Item 4.     Mine Safety Disclosures                                          12

PART II

Item 5.     Market for Registrant's Common Equity, Related Stockholder
            Matters and Issuer Purchases of Equity Securities                12

Item 6.     Selected Financial Data                                          13

Item 7.     Management's Discussion and Analysis of Financial Condition
            and Results of Operations                                        13

Item 7A.    Quantitative and Qualitative Disclosures About Market Risk       22

Item 8.     Financial Statements and Supplementary Data                      22

Item 9.     Changes in and Disagreements with Accountants on Accounting
            and Financial Disclosure                                         22

Item 9A(T). Controls and Procedures                                          22

Item 9B.    Other Information                                                24

PART III

Item 10.    Directors, Executive Officers, and Corporate Governance          24

Item 11.    Executive Compensation                                           26

Item 12.    Security Ownership of Certain  Beneficial Owners and Management
            and Related  Stockholder Matters                                 28

Item 13.    Certain Relationships and Related Transactions, and Director
            Independence                                                     29

Item 14.    Principal Accounting Fees and Services                           30

PART IV

Item 15.    Exhibits and Financial Statement Schedules                       30

SIGNATURES                                                                   32

                                       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, and 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 from "Easy Cars Rental and Sales (Pty) Ltd."
to "Earn-A-Car (Pty) Ltd.". EAC's business strategy is to enter car rental
agreements that allow the renter to return the car in monthly intervals. The key
differentiator to a normal car rental is that it gives customers a cash back
bonus on termination of the rental agreement for each month that the customer is
in good standing with EAC. This cash back along with a significant up-front
administration fee is sufficient cash to allow the customer to buy the car or
similar car of his choice from EAC at the end of 4 years or longer, depending on
the value of the car. 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. Because we are
renting automobiles rather than financing the sale thereof, we are not subject
to certain South African financial regulatory schemes that generally apply to
the automobile finance industry. The business currently owns approximately 480
cars and intends to grow this number by at least 50% by the end of 2012. Rental
fees exceed 6% of vehicle carrying value per month. 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).

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 and allows us to recoup at
least the carrying value of older vehicles. Profits from this activity are not
material.

EAC has no other businesses.

                                       4
<PAGE>
INDUSTRY OVERVIEW

Vehicle sales in South Africa 2012 First quarter showed 110,719 units recorded
an improvement of 10,109 units or 10.0% compared to the 100 610 new cars sold
during the corresponding quarter of 2011. Aggregate Industry commercial vehicle
sales during the first quarter of 2012 wereat 46 024 units recorded an increase
of 347 units or a gain of 0.8% compared to the 45 677 units sold during the
corresponding quarter of 2011. All sectors registered significantly slower
growth during the first quarter of 2012 compared to the corresponding quarter in
2011. (See National Association of Automobile Manufacturers of South Africa ).
... 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 3 years
and are consequentially unable to access typical car finance (See the National
Credit Regulator publications 2010 December publications
http://www.ncr.org.za/publications/Credit_Monitor/ NCR_CBM_2010Dec.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$4,000 per month. Thus while vehicle sales have gone sideways, the number of
customers in our niche has grown substantially in real terms.

OUR BUSINESS MODEL

We rent cars on a basis where the customer may return the car to us at any time
on one calendar month's 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 6% being the first months
rental 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 so that a
when a customer does not pay the monthly rental we can turn off and disable the
car. In our history of renting out over 400 cars for more than 4 years, we have
only lost 3 vehicles, these to professional car thieves, never to a client. Our
renters receive loyalty cash bonuses from us for every competed calendar month
that they rent the car of approximately US$40 - US$70 per month and this cash
loyalty bonus can be used to purchase the car from us when they cease to rent
the car. Along with their up-front administration fee, they normally have enough
loyalty cash bonus to purchase the car after 4 years depending on the carrying
value of the car (we guarantee that the loyalty bonus and the application of the
20% up front administration fee to the purchase price will be sufficient for our
renter to purchase the car typically after four years.) . Should they terminate
the rental before this point, 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
remaining bonus in cash. The up-front administration fee is never refunded.
Renters are allowed to drive 3,500km (about 2,200 miles) a month and
subsequently 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. Because we are a car rental
company and not a bank and merely rent cars, we believe that we are not subject
to the Banks Act or the National Credit Act and this allows us to keep our
rental to own program competitive and get our vehicles back easily if nonpayment
occurs. 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 currently receive over
2,000 enquires a month for approximately 20 cars. We would service a greater
number of the enquiries we receive if we had the capital resources to enlarge
our rental fleet.

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 5
mechanics, an auto-electrician and support staff.

                                       5
<PAGE>
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 without 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
of rented cars. We believe that suitable additional space is available in the
vicinity of our present facilities at a reasonable cost.

EMPLOYEES

As of February 29, 2012, we have 30 employees of whom 5 are executive, 6 are in
sales 9 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 results
in a Lease. Our company website (www.earnacar.co.za) allows potential clients to
register their interest online after which our sales staff make 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$45 per month, less than half what a vehicle insurer would charge.

INTERNET WEBSITE

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

                                       6
<PAGE>
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.

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 2012, we had US$171,354 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. In early May our AVIS credit line to US$1.6
million of asset based finance was renewed and increased on favorable terms.

On May 29 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. Since the AVIS facility is now unutilized this can be utilized
to buy a further 200 cars once the US$3m raised is fully invested.

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. Other
than our AVIS facility of nearly US$1,6m, we have no present commitments to any
capital and there is no assurance that we will be able to do so on acceptable
terms.

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 60% of total assets and will endeavor to ensure that senior debt
interest will not exceed 40% of EBIT.

                                       7
<PAGE>
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.

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

                                       8
<PAGE>
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
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 29, 2012 we had 112,500,000 shares of common stock outstanding.
33,750,00 shares 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.

                                       9
<PAGE>
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 OTCBB 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
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 no 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

                                       10
<PAGE>
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.

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.

                                       11
<PAGE>
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.

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 (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
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 Over the Counter Bulletin Board 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 29, 2012, our shares traded at prices ranging
from US$155.00 to $0.018.

REPORTS TO SHAREHOLDERS

We plan to furnish our shareholders with an annual report for each fiscal year
ended February 29 containing financial statements audited by our independent
certified public accountants starting in 2013. 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.

                                       12
<PAGE>
HOLDERS

As of June 8, 2012, we had 65 shareholders of record and 112,500,000 common
shares issued and outstanding. The number of holders does not include the
shareholders for whom shares are held in a "nominee" or "street" name.

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.

                                       13
<PAGE>
FY ENDED 2/29/12 V. FY ENDED 2/28/11

REVENUES increased to US$2,529,904 in FY ended 2/29/12 from US$2,137,606 in the
previous year, an increase of US$392,298 or 18.4%. Management believes that this
rate of increase reflects the underlying demand for our services in the market
that we were unable to fully meet due to our limited financial resources.
Revenues principally consist of gross vehicle rental fees and are related to the
number and value of the vehicles being rented.

EXPENSES increased to US$2,216,178 in FY ended 2/28/12 compared to US$1,737,041
in FY ended 2/28/12, an increase of US$479,137 or 27.6%. Management believes
that the increased expenses both in dollar amount and as a percentage of revenue
(87.6% in FY ended 2/29/12 v. 81.3% in FY ended 2/28/12) reflects our rapid
growth. The principal components of the increase were vehicle depreciation,
which went from US$204,303 IN FY 2/28/11 TO US$516,119 IN FY 2/29/12. This
increase of US$311,816 or 153% reflects a larger and newer fleet of vehicles
being rented. Selling, general and administrative expense increased from
US$370,474 in FY ended 2/28/11 to US$537,333 in FY ended 2/29/12, an increase of
US$166,859 or 45.0%. This increase reflects the costs of our becoming a public
company as well as our increased level of operations.

NET INCOME

Due to our listing costs, the group expenses grew faster than our revenues in FY
ended 2/29/12, our Net Income decreased from US$400,720 in FY ended 2/28/11 to
US$315,406. 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. The net income of Earn-A-Car (Pty) Ltd the South African
subsidiary increased from US$400,720 in FY 2/28/11 to US$441,574 in FY ended
2/29/12 an increase of US$40,854 or 10%. This reflects good growth with little
new capital raised during the year.

PLAN OF OPERATION AND LIQUIDITY

Our plan of operation for 2012 is to continue to expand our business to meet
demand. In June 2012 we completed a US$3,m credit facility which will permit
repayment of approximately US$1,000,000 in existing debt, freeing it up to be
reused in the futrue and the increase of the number of vehicles under lease by
at least 200 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$1,6m which is available on a revolving
basis, , 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 60% of total assets and will
ensure that senior debt interest will not exceed 40% of EBIT.

We had cash and cash equivalents of US$171,354 as of February 29, 2012.

We have funded our activities to date primarily through car rental payments and
credit facilities.

                                       14
<PAGE>
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
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:

                                       15
<PAGE>
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.

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

                                       16
<PAGE>
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.

The Company derives revenue primarily from the sale of produced natural gas and
crude oil. The Company reports revenue as the gross amount received before
taking into account production taxes and transportation costs, which are
reported as separate expenses. Revenue is recorded in the month the Company's
production is delivered to the purchaser, but payment is generally received
between thirty (30) and ninety (90) days after the date of production. No
revenue is recognized unless it is determined that title to the product has
transferred to the purchaser. At the end of each month, the Company estimates
the amount of production delivered to the purchaser and the price the Company
will receive.

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
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.

                                       17
<PAGE>
INCOME TAX PROVISION

The Company adopted the provisions of paragraph 740-10-25-13 of the FASB
Accounting Standards Codification. Paragraph 740-10-25-13.addresses the
determination of whether tax benefits claimed or expected to be claimed on a tax
return should be recorded in the financial statements. Under paragraph
740-10-25-13, the Company may recognize the tax benefit from an uncertain tax
position only if it is more likely than not that the tax position will be
sustained on examination by the taxing authorities, based on the technical
merits of the position. The tax benefits recognized in the financial statements
from such a position should be measured based on the largest benefit that has a
greater than fifty percent (50%) likelihood of being realized upon ultimate
settlement. Paragraph 740-10-25-13 also provides guidance on de-recognition,
classification, interest and penalties on income taxes, accounting in interim
periods and requires increased disclosures. The Company had no material
adjustments to its liabilities for unrecognized income tax benefits according to
the provisions of paragraph 740-10-25-13.

The estimated future tax effects of temporary differences between the tax basis
of assets and liabilities are reported in the accompanying consolidated balance
sheets, as well as tax credit carry-backs and carry-forwards. The Company
periodically reviews the recoverability of deferred tax assets recorded on its
consolidated balance sheets and provides valuation allowances as management
deems necessary.

Management makes judgments as to the interpretation of the tax laws that might
be challenged upon an audit and cause changes to previous estimates of tax
liability. In addition, the Company operates within multiple taxing
jurisdictions and is subject to audit in these jurisdictions. In management's
opinion, adequate provisions for income taxes have been made for all years. If
actual taxable income by tax jurisdiction varies from estimates, additional
allowances or reversals of reserves may be necessary.

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 December 31, 2011 or 2010.

LIMITATION ON UTILIZATION OF NOLS DUE TO CHANGE IN CONTROL

Pursuant to the Internal Revenue Code Section 382 ("Section 382"), certain
ownership changes may subject the NOL's to annual limitations which could reduce
or defer the NOL. Section 382 imposes limitations on a corporation's ability to
utilize NOLs if it experiences an "ownership change." In general terms, an
ownership change may result from transactions increasing the ownership of
certain stockholders in the stock of a corporation by more than 50 percentage
points over a three-year period. In the event of an ownership change,
utilization of the NOLs would be subject to an annual limitation under Section
382 determined by multiplying the value of its stock at the time of the
ownership change by the applicable long-term tax-exempt rate. Any unused annual
limitation may be carried over to later years. The imposition of this limitation
on its ability to use the NOLs to offset future taxable income could cause the
Company to pay U.S. federal income taxes earlier than if such limitation were
not in effect and could cause such NOLs to expire unused, reducing or
eliminating the benefit of such NOLs.

FOREIGN CURRENCY TRANSLATION

The Company follows Section 830-10-45 of the FASB Accounting Standards
Codification ("Section 830-10-45") for foreign currency translation to translate
the financial statements of the foreign subsidiary from the functional currency,
generally the local currency, into U.S. Dollars. Section 830-10-45 sets out the
guidance relating to how a reporting entity determines the functional currency

                                       18
<PAGE>
of a foreign entity (including of a foreign entity in a highly inflationary
economy), re-measures the books of record (if necessary), and characterizes
transaction gains and losses. The assets, liabilities, and operations of a
foreign entity shall be measured using the functional currency of that entity.
An entity's functional currency is the currency of the primary economic
environment in which the entity operates; normally, that is the currency of the
environment, or local currency, in which an entity primarily generates and
expends cash.

The functional currency of each foreign subsidiary is determined based on
management's judgment and involves consideration of all relevant economic facts
and circumstances affecting the subsidiary. Generally, the currency in which the
subsidiary transacts a majority of its transactions, including billings,
financing, payroll and other expenditures, would be considered the functional
currency, but any dependency upon the parent and the nature of the subsidiary's
operations must also be considered. If a subsidiary's functional currency is
deemed to be the local currency, then any gain or loss associated with the
translation of that subsidiary's financial statements is included in accumulated
other comprehensive income. However, if the functional currency is deemed to be
the U.S. Dollar, then any gain or loss associated with the re-measurement of
these financial statements from the local currency to the functional currency
would be included in the consolidated statements of income and comprehensive
income (loss). If the Company disposes of foreign subsidiaries, then any
cumulative translation gains or losses would be recorded into the consolidated
statements of income and comprehensive income (loss). If the Company determines
that there has been a change in the functional currency of a subsidiary to the
U.S. Dollar, any translation gains or losses arising after the date of change
would be included within the statement of income and comprehensive income
(loss).

Based on an assessment of the factors discussed above, the management of the
Company determined the relevant subsidiary's local currency to be the functional
currency for its South African subsidiaries. The financial records of the
Company's South African operating subsidiaries are maintained in their local
currency, the South African Rand ("ZAR"), which is the functional currency.
Assets and liabilities are translated from the local currency into the reporting
currency, U.S. dollars, at the exchange rate prevailing at the balance sheet
date. Revenues and expenses are translated at weighted average exchange rates
for the period to approximate translation at the exchange rates prevailing at
the dates those elements are recognized in the consolidated financial
statements. Foreign currency translation gain (loss) resulting from the process
of translating the local currency financial statements into U.S. dollars are
included in determining accumulated other comprehensive income in the
consolidated statement of stockholders' equity.

Unless otherwise noted, the rate presented below per U.S. $1.00 was the midpoint
of the interbank rate as quoted by OANDA Corporation (www.oanda.com) contained
in its consolidated financial statements. Management believes that the
difference between ZAR vs. U.S. dollar exchange rate quoted by the National Bank
of Poland ("NBP") and ZAR vs. U.S. dollar exchange rate reported by OANDA
Corporation were immaterial. Translations do not imply that the ZAR amounts
actually represent, or have been or could be converted into, equivalent amounts
in U.S. dollars. Translation of amounts from ZAR into U.S. dollars has been made
at the following exchange rates for the respective periods:

                                      February 29,         February 28,
                                          2012                2011
                                        --------            --------
Balance sheet                             7.53                7.19
Statement of operations and
 comprehensive income (loss)              7.3                 7.27

Net gains and losses resulting from foreign exchange transactions, if any, are
included in the Company's consolidated statements of operations and
comprehensive income (loss).

                                       19
<PAGE>
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 29, 2012 or February 28, 2011.

CASH FLOWS REPORTING

The Company adopted paragraph 230-10-45-24 of the FASB Accounting Standards
Codification for cash flows reporting, classifies cash receipts and payments
according to whether they stem from operating, investing, or financing
activities and provides definitions of each category, and uses the indirect or
reconciliation method ("Indirect method") as defined by paragraph 230-10-45-25
of the FASB Accounting Standards Codification to report net cash flow from
operating activities by adjusting net income to reconcile it to net cash flow
from operating activities by removing the effects of (a) all deferrals of past
operating cash receipts and payments and all accruals of expected future
operating cash receipts and payments and (b) all items that are included in net
income that do not affect operating cash receipts and payments. The Company
reports the reporting currency equivalent of foreign currency cash flows, using
the current exchange rate at the time of the cash flows and the effect of
exchange rate changes on cash held in foreign currencies is reported as a
separate item in the reconciliation of beginning and ending balances of cash and
cash equivalents and separately provides information about investing and
financing activities not resulting in cash receipts or payments in the period
pursuant to paragraph 830-230-45-1 of the FASB Accounting Standards
Codification.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

FASB ACCOUNTING STANDARDS UPDATE NO. 2011-05

In June 2011, the FASB issued the FASB Accounting Standards Update No. 2011-05
"COMPREHENSIVE INCOME" ("ASU 2011-05"), which was the result of a joint project
with the IASB and amends the guidance in ASC 220, COMPREHENSIVE INCOME, by
eliminating the option to present components of other comprehensive income (OCI)
in the statement of stockholders' equity. Instead, the new guidance now gives
entities the option to present all non-owner changes in stockholders' equity
either as a single continuous statement of comprehensive income or as two
separate but consecutive statements. Regardless of whether an entity chooses to
present comprehensive income in a single continuous statement or in two separate
but consecutive statements, the amendments require entities to present all
reclassification adjustments from OCI to net income on the face of the statement
of comprehensive income.

                                       20
<PAGE>
The amendments in this Update should be applied retrospectively and are
effective for public entity for fiscal years, and interim periods within those
years, beginning after December 15, 2011.

FASB ACCOUNTING STANDARDS UPDATE NO. 2011-08

In September 2011, the FASB issued the FASB Accounting Standards Update No.
2011-08 "INTANGIBLES--GOODWILL AND OTHER: TESTING GOODWILL FOR IMPAIRMENT" ("ASU
2011-08"). This Update is to simplify how public and nonpublic entities test
goodwill for impairment. The amendments permit an entity to first assess
qualitative factors to determine whether it is more likely than not that the
fair value of a reporting unit is less than its carrying amount as a basis for
determining whether it is necessary to perform the two-step goodwill impairment
test described in Topic 350. Under the amendments in this Update, an entity is
not required to calculate the fair value of a reporting unit unless the entity
determines that it is more likely than not that its fair value is less than its
carrying amount.

The guidance is effective for interim and annual periods beginning on or after
December 15, 2011. Early adoption is permitted.

FASB ACCOUNTING STANDARDS UPDATE NO. 2011-10

In December 2011, the FASB issued the FASB Accounting Standards Update No.
2011-10 "PROPERTY, PLANT AND EQUIPMENT: DERECOGNITION OF IN SUBSTANCE REAL
ESTATE-A SCOPE CLARIFICATION" ("ASU 2011-09"). This Update is to resolve the
diversity in practice as to how financial statements have been reflecting
circumstances when parent company reporting entities cease to have controlling
financial interests in subsidiaries that are in substance real estate, where the
situation arises as a result of default on nonrecourse debt of the subsidiaries.

The amended guidance is effective for annual reporting periods ending after June
15, 2012 for public entities. Early adoption is permitted.

FASB ACCOUNTING STANDARDS UPDATE NO. 2011-11

In December 2011, the FASB issued the FASB Accounting Standards Update No.
2011-11 "BALANCE SHEET: DISCLOSURES ABOUT OFFSETTING ASSETS AND LIABILITIES"
("ASU 2011-11"). This Update requires an entity to disclose information about
offsetting and related arrangements to enable users of its financial statements
to understand the effect of those arrangements on its financial position. The
objective of this disclosure is to facilitate comparison between those entities
that prepare their financial statements on the basis of U.S. GAAP and those
entities that prepare their financial statements on the basis of IFRS.

The amended guidance is effective for annual reporting periods beginning on or
after January 1, 2013, and interim periods within those annual periods.

FASB ACCOUNTING STANDARDS UPDATE NO. 2011-12

In December 2011, the FASB issued the FASB Accounting Standards Update No.
2011-12 "COMPREHENSIVE INCOME: DEFERRAL OF THE EFFECTIVE DATE FOR AMENDMENTS TO
THE PRESENTATION OF RECLASSIFICATIONS OF ITEMS OUT OF ACCUMULATED OTHER
COMPREHENSIVE INCOME IN ACCOUNTING STANDARDS UPDATE NO. 2011-05" ("ASU
2011-12"). This Update is a deferral of the effective date pertaining to
reclassification adjustments out of accumulated other comprehensive income in
ASU 2011-05. FASB is to going to reassess the costs and benefits of those
provisions in ASU 2011-05 related to reclassifications out of accumulated other
comprehensive income. Due to the time required to properly make such a
reassessment and to evaluate alternative presentation formats, the FASB decided

                                       21
<PAGE>
that it is necessary to reinstate the requirements for the presentation of
reclassifications out of accumulated other comprehensive income that were in
place before the issuance of Update 2011-05.

All other requirements in Update 2011-05 are not affected by this Update,
including the requirement to report comprehensive income either in a single
continuous financial statement or in two separate but consecutive financial
statements. Public entities should apply these requirements for fiscal years,
and interim periods within those years, beginning after December 15, 2011.

Management does not believe that any other recently issued, but not yet
effective accounting pronouncements, if adopted, would have a material effect on
the accompanying consolidated financial statements.

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 29, 2012 and February 28,
2011, 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 29, 2012. Based on that
evaluation, Messrs. Storey and Dunnington concluded that as of February 29,
2012, 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.

                                       22
<PAGE>
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.

Our management is responsible for establishing and maintaining adequate internal
control over financial reporting, as such term is defined in Rule 13a-15(f) of
the Exchange Act. Under the supervision and with the participation of our
management, including James Wang, our chief executive officer and chief
financial officer, we conducted an evaluation of the effectiveness of our
internal control over financial reporting based upon the framework in Internal
Control - Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission (COSO). Based on that evaluation, our
management concluded that our internal control over financial reporting is not
effective, as of February 29, 2012.

The matters involving internal control over financial reporting that our
management considered to be material weaknesses under the standards of the
Public Company Accounting Oversight Board were: (1) lack of a functioning audit
committee due to a lack of a majority of independent members and a lack of a
majority of outside directors on our board of directors, resulting in
ineffective oversight in the establishment and monitoring of required internal
controls and procedures; and (2) inadequate segregation of duties consistent
with control objectives of having segregation of the initiation of transactions,
the recording of transactions and the custody of assets. The aforementioned
material weaknesses were identified by our Chief Executive Officer and Chief
Financial Officer in connection with the review of our financial statements as
of February 29, 2012.

To address the material weaknesses set forth in item (2) discussed above,
management performed additional analyses and other procedures to ensure that the
financial statements included herein fairly present, in all material respects,
our financial position, results of operations and cash flows for the periods
presented.

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.

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.

                                       23
<PAGE>
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, 2013. Additionally, we plan to test our updated
controls and remediate our deficiencies by February 29, 2013.

ITEM 9B. OTHER INFORMATION.

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

                                    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        67      Chairman of the Board, Director
                                    (less than 1 year)
John Clifford Storey        50      President and CEO for the Company; Director,
                                    (less than 1 year)
Bruce Dunnington            50      CFO for the Company; (less than 1 year)

 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.

                                       24
<PAGE>
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.

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.

                                       25
<PAGE>
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
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 2011. 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   2011      [1]        0          0            0             0               0               0             0
President &
CEO

Bruce
Dunnington    2011      [1]        0          0            0             0               0               0             0
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:

                                       26
<PAGE>
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. 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. He has waived further compensation at this time.

The President and CFO of the company have 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.

                                       27
<PAGE>
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
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

                                       28
<PAGE>
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..

    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.

                                       29
<PAGE>
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 29, 2012 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$31,400 to Silberstein
Ungar, PLLC, our current independent registered public accounting firm.

TAX COMPLIANCE SERVICES

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.

                                       30
<PAGE>
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.

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

                                       31
<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, 2012                      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, 2012
-------------------------


/s/ John Storey              CEO and a Director                    June 13, 2012
-------------------------
John Storey


                                       32
<PAGE>
                                EARN-A-CAR, INC.

                                    CONTENTS

Report of Independent Registered Public Accounting Firm                      F-1

Balance Sheets as of February 29, 2012 and February 28, 2011                 F-2

Statements of Operations for the years ended February 29, 2012 and
 February 28, 2011                                                           F-3

Statements of Other Comprehensive Income for the years ended
 February 29, 2012 and February 28, 2011                                     F-4

Statement of Stockholders' Equity as of February 29, 2012                    F-5

Statements of Cash Flows for the years ended February 29, 2012 and
 February 28, 2011                                                           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.  (formerly
Victoria Internet Services, Inc.) as of February 29, 2012 and February 29, 2011,
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.  (formerly
Victoria Internet services, Inc.) as of February 29, 2012 and February 28, 2011,
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
May 24, 2012

                                      F-1
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                                 BALANCE SHEETS
                     FEBRUARY 29, 2012 AND FEBRUARY 28, 2011

<TABLE>
<CAPTION>
                                                                   February 29,         February 28,
                                                                       2012                 2011
                                                                    ----------           ----------
<S>                                                                 <C>                  <C>
                                     ASSETS

CURRENT ASSETS
  Cash and cash equivalents                                         $  171,354           $   69,480
  Receivables, net                                                      99,721               38,961
                                                                    ----------           ----------
TOTAL CURRENT ASSETS                                                   271,075              108,441
                                                                    ----------           ----------
Property and equipment, net                                             14,242                9,607
                                                                    ----------           ----------
Revenue-earning vehicles, net                                        2,982,060            2,363,832
                                                                    ----------           ----------
OTHER ASSETS
  Loans to shareholders                                                      0               13,169
  Loan receivable                                                       15,312               16,682
                                                                    ----------           ----------
TOTAL OTHER ASSETS                                                      15,312               29,851
                                                                    ----------           ----------

TOTAL ASSETS                                                        $3,282,689           $2,511,731
                                                                    ==========           ==========

                      LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

CURRENT LIABILITIES
  Accounts payable                                                  $  292,447           $  220,402
  Accrued expenses                                                      51,747               21,032
  Current portion of leases payable                                    593,533              398,908
  Current portion of loans payable                                     152,243              201,162
                                                                    ----------           ----------
TOTAL CURRENT LIABILITIES                                            1,089,970              841,504
                                                                    ----------           ----------
LONG-TERM DEBT
  Loans from shareholders                                                1,000               97,878
  Leases payable                                                       741,582              241,474
  Loans payable                                                        726,808              898,840
                                                                    ----------           ----------
TOTAL LONG-TERM DEBT                                                 1,469,390            1,238,192
                                                                    ----------           ----------
TOTAL LIABILITIES                                                    2,559,360            2,079,696
                                                                    ----------           ----------

STOCKHOLDERS' EQUITY
  Common stock, $0.0000001 par value, 250,000,000 shares
   authorized, 112,250,000 and 500 shares issued and
   outstanding, respectively                                                11                   60
  Additional paid in capital                                             5,423                    0
  Accumulated other comprehensive (loss)                               (35,278)              (5,792)
  Retained earnings                                                    753,173              437,767
                                                                    ----------           ----------
TOTAL STOCKHOLDERS' EQUITY                                             723,329              432,035
                                                                    ----------           ----------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                          $3,282,689           $2,511,731
                                                                    ==========           ==========
</TABLE>


                 See accompanying notes to financial statements.

                                      F-2
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                            STATEMENTS OF OPERATIONS
           FOR THE YEARS ENDED FEBRUARY 29, 2012 AND FEBRUARY 28, 2011

<TABLE>
<CAPTION>
                                                        For the               For the
                                                       year ended            year ended
                                                      February 29,          February 28,
                                                          2012                  2011
                                                      ------------          ------------
<S>                                                   <C>                   <C>
REVENUES
  Vehicle rentals                                     $  2,518,631          $  2,124,939
  Other                                                     11,273                12,667
                                                      ------------          ------------
TOTAL REVENUES                                           2,529,904             2,137,606
                                                      ------------          ------------
EXPENSES
  Direct vehicle and operating                             943,823             1,068,370
  Vehicle depreciation and lease charges                   516,119               204,303
  Selling, general and administrative                      537,333               370,474
  Interest expense                                         218,903                93,894
                                                      ------------          ------------
TOTAL EXPENSES                                           2,216,178             1,737,041
                                                      ------------          ------------
Operating Income                                           313,726               400,565

OTHER INCOME
  Interest income                                            1,680                   155
                                                      ------------          ------------
Net Income Before Provision for Income Taxes               315,406               400,720
Provision for Income Taxes                                       0                     0
                                                      ------------          ------------

NET INCOME                                            $    315,406          $    400,720
                                                      ============          ============

EARNINGS PER SHARE                                    $       0.01          $   1,335.73
                                                      ============          ============

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING              41,435,997                   300
                                                      ============          ============
</TABLE>


                 See accompanying notes to financial statements.

                                      F-3
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                 STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS)
           FOR THE YEARS ENDED FEBRUARY 29, 2012 AND FEBRUARY 28, 2011

<TABLE>
<CAPTION>
                                                        For the              For the
                                                       year ended           year ended
                                                      February 29,         February 28,
                                                          2012                 2011
                                                       ----------           ----------
<S>                                                    <C>                  <C>
NET INCOME                                             $  315,406           $  400,720
                                                       ----------           ----------
FOREIGN CURRENCY TRANSLATION
  Change in cumulative translation adjustment             (29,486)               6,073
                                                       ----------           ----------

TOTAL                                                  $  (29,486)          $    6,073
                                                       ==========           ==========
</TABLE>


                 See accompanying notes to financial statements.

                                      F-4
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                        STATEMENT OF STOCKHOLDERS' EQUITY
                             AS OF FEBRUARY 29, 2012

<TABLE>
<CAPTION>
                                                                             Accumulated
                                                                                Other
                                             Common stock                   Comprehensive    Retained
                                         ---------------------     Paid in     Income        Earnings
                                         Shares         Amount     Capital     (Loss)        (Deficit)         Total
                                         ------         ------     -------     ------        ---------         -----
<S>                                     <C>             <C>        <C>         <C>           <C>               <C>
Balance February 28, 2009                      100      $  10      $   --     $ 29,931       $(229,369)      $(199,428)

(Loss) on currency translation                  --         --          --      (41,796)             --         (41,796)

Net earnings                                    --         --          --           --         266,416         266,416
                                      ------------      -----      ------     --------       ---------       ---------
Balance February 28, 2010                      100         10          --      (11,865)         37,047          25,192

Common stock issued for cash at par            400         50          --           --              --              50

Gain on currency translation                    --         --          --        6,073              --           6,073

Net earnings                                    --         --          --           --         400,720         400,720
                                      ------------      -----      ------     --------       ---------       ---------
Balance, February 28, 2011                     500         60          --       (5,792)        437,767         432,035

(Loss) on currency translation                  --         --          --      (29,486)             --         (29,486)

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

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

Net income                                      --         --          --           --         315,406         315,406
                                      ------------      -----      ------     --------       ---------       ---------

Balance, February 29, 2012             112,250,000      $  11      $5,423     $(35,278)      $ 753,173       $ 723,329
                                      ============      =====      ======     ========       =========       =========
</TABLE>


                 See accompanying notes to financial statements.

                                      F-5
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                            STATEMENTS OF CASH FLOWS
           FOR THE YEARS ENDED FEBRUARY 29, 2012 AND FEBRUARY 28, 2011

<TABLE>
<CAPTION>
                                                                         For the                 For the
                                                                        year ended             year ended
                                                                       February 29,           February 28,
                                                                           2012                   2011
                                                                       ------------           ------------
<S>                                                                    <C>                    <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net income and other comprehensive income                            $    315,406           $    400,720
  Adjustments to Reconcile Net Income to Net Cash
   Provided by Operating Activities:
     Change in cumulative translation adjustment                            (29,486)                 6,073
     Depreciation                                                           522,591                206,757
     Net losses from disposition of revenue-earning vehicles                 69,010                 66,386
  Change in Assets and Liabilities:
     (Increase) decrease in receivables                                     (60,760)                16,386
     Increase (decrease) in accounts payables                                72,045                (72,382)
     Increase (decrease) in accrued expenses                                 30,715                  5,626
                                                                       ------------           ------------
           CASH FLOWS PROVIDED BY OPERATING ACTIVITIES                      919,521                629,566
                                                                       ------------           ------------

CASH FLOWS FROM INVESTING ACTIVITIES
  Revenue-earning vehicles:
    Purchases                                                            (1,203,065)              (445,636)
    Proceeds from sales                                                           0                      0
  Property, equipment and software:
    Purchases                                                               (11,401)               (10,396)
    Proceeds from sales                                                           0                      0
    Loans extended                                                           14,540                (16,682)
                                                                       ------------           ------------
           CASH FLOWS (USED) BY INVESTING ACTIVITIES                     (1,199,926)              (472,714)
                                                                       ------------           ------------

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from sale of common stock                                              0                     50
  Additional paid in capital, due to merger                                   5,374
  Proceeds from (Payments on) leases payable (net)                          694,734                (52,963)
  Proceeds from (Payments on) loans payable (net)                          (220,950)               181,657
  Proceeds from (Payments on) shareholder loans (net)                       (96,879)              (247,390)
                                                                       ------------           ------------
           CASH FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES               382,279               (118,646)
                                                                       ------------           ------------
Net Increase in Cash and Cash Equivalents                                   101,874                 38,206
Cash, beginning of period                                                    69,480                 31,274
                                                                       ------------           ------------

CASH, END OF PERIOD                                                    $    171,354           $     69,480
                                                                       ============           ============
SUPPLEMENTAL CASH FLOW INFORMATION:
  Cash paid for interest                                               $    218,903           $     93,894
                                                                       ============           ============
  Cash paid for income taxes                                           $          0           $          0
                                                                       ============           ============
</TABLE>


                 See accompanying notes to financial statements.

                                      F-6
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 29, 2012


1. BASIS OF PRESENTATION AND 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.".

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.

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 29, 2012 and February 28, 2011 the Company had
$171,354 and $69,480 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 29, 2012 and February
28, 2011 the Company had $264,189 and $317,313 in impaired receivables,
respectively. The allowance for these impaired receivables was $164,295 and
$17,210 for 2012 and 2011 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.

                                      F-7
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 29, 2012


1.  BASIS  OF  PRESENTATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES
    (CONTINUED)

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.

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.

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.

ADVERTISING COSTS - Advertising costs are primarily expensed as incurred. During
the years ended February 29, 2012 and February 28, 2011, the Company incurred
advertising expense of $16,494 and $17,492, 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.

                                      F-8
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 29, 2012


1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
   (CONTINUED)

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 29, 2012.

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 SFAS No. 123 and 123 (R) (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.

2. REVENUE-EARNING VEHICLES

Revenue-earning vehicles consist of the following:

                                             February 29,          February 28,
                                                 2012                  2011
                                             ------------          ------------
Revenue-earning vehicles                     $  4,028,709          $  3,081,754
Less accumulated depreciation                  (1,046,649)             (717,922)
                                             ------------          ------------

                                             $  2,982,060          $  2,363,832
                                             ============          ============

Rent expense for vehicles leased under operating leases was $0 and $0 for the
years ending February 29, 2012 and February 28, 2011, respectively, and is
included in vehicle depreciation and lease charges, net.

3. PROPERTY AND EQUIPMENT

Major classes of property and equipment consist of the following:

                                              February 29,         February 28,
                                                 2012                  2011
                                             ------------          ------------
Computer equipment                           $     17,757          $      9,385
Computer software                                   5,649                 3,192
                                             ------------          ------------
                                                   23,406                12,577
Less accumulated depreciation                      (9,164)               (2,970)
                                             ------------          ------------

                                             $     14,242          $      9,607
                                             ============          ============

During 2012 and 2011, the Company recorded no provisions for the impairment of
assets.

                                      F-9
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 29, 2012


4. LOANS RECEIVABLE

At February 29, 2012, the Company has no loans receivable from shareholders. At
February 28, 2011, the Company has a loan receivable from a shareholder.

At February 29, 2012 and February 28, 2011, the Company has a receivable due
under a settlement agreement with a former employee with a balance of $15,312
and $16,682, respectively. This loan is to be repaid with interest of 10% in 48
equal installments of about $425; the payments began in March, 2011.

5. DEBT AND OTHER OBLIGATIONS

Debt and other obligations consist of the following:

                                                    February 29,    February 28,
                                                       2012            2011
                                                    ----------      ----------
Loan payable - individual - unsecured,
 interest bearing, no fixed repayment terms         $   26,546      $   27,804

Loan payable - individual - unsecured,
 interest bearing, no fixed repayment terms             66,366          69,510

Loan payable - individual - unsecured,
 interest bearing, no fixed repayment terms             90,257          95,229

Loan payable - individual - unsecured,
 interest bearing, no fixed repayment terms            104,373         110,013

Loan payable - other - unsecured,
 interest bearing, no fixed repayment terms            252,488         596,284

Loan payable - Jay & Jayendra (Pty) Ltd.
 Secured by company vehicles, bearing an
 interest rate of the prime rate, payable
 within 12 months                                      159,278         166,824

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

Loan payable - other - unsecured, interest
 bearing, no fixed repayment terms                      60,285          34,338
                                                    ----------      ----------
Total                                               $  879,051      $1,100,002
                                                    ----------      ----------
Current portion of loans payable                       152,243         201,162
                                                    ----------      ----------

Long-term portion of loans payable                  $  726,808      $  898,840
                                                    ==========      ==========

                                      F-10
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 29, 2012


5. DEBT AND OTHER OBLIGATIONS (CONTINUED)

Expected maturities of debt and other obligations outstanding at February 29,
2012 are as follows:

                                     Loan Amounts    Lease Amounts      Total
                                      ----------      ----------     ----------
Year ending February 28, 2013         $  152,243      $  593,533     $  745,776
Year ending February 28, 2014                 --         437,418        437,418
Year ending February 28, 2015                 --         276,398        276,398
Year ending February 28, 2016                 --          27,766         27,766
Year ending February 28, 2017                 --              --             --
Thereafter                               726,808              --        726,808
                                      ----------      ----------     ----------

Total                                 $  879,051      $1,335,115     $2,214,166
                                      ==========      ==========     ==========

Installment sales and lease contracts are secured by installment sales and
finance lease agreements over revenue generating vehicles, having 2012 carrying
values of $546,796 and 1,624,501 respectively and 2011 carrying values of
$734,113 and $819,998 respectively. These installment sales and lease contracts
are repayable in monthly installments for 2012 of $15,443 and $58,647
respectively and 2011 monthly installments of $21,046 and $21,725 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 for
2012 nor 2011 because the taxable losses and loss carryovers exceed the income
in those years.

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 29, 2012 and February 28, 2011 there were 112,250,000 and 500
common shares outstanding, respectively.

The Company is authorized to issue 20,000,000 preferred shares of stock. As of
February 29, 2012 and February 28, 2011 there were no (0) shares outstanding.

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 29,        February 28,
                                                   2012                 2011
                                                 --------             --------
OPERATING LEASES:
  Premises                                       $ 13,872             $ 46,283
  Motor vehicles                                       --               16,465
                                                 --------             --------

                                                 $ 13,872             $ 62,748
                                                 ========             ========

                                      F-11
<PAGE>
                                EARN-A-CAR, INC.
                   (Formerly Victoria Internet Services, Inc.)
                          NOTES TO FINANCIAL STATEMENTS
                                FEBRUARY 29, 2012


8. COMMITMENTS AND CONTINGENCIES (CONTINUED)

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


     February 28, 2013                             $13,872
     February 28, 2014                             $13,872
     February 28, 2015                             $13,872
     February 29, 2016                             $13,872
     February 28, 2017                             $13,872


At February 29, 2012, 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 29,      February 28,
                                                    2012              2011
                                                  --------          --------
Loans payable to shareholders:
  Cobalt Capital (Pty) Ltd.                       $      0          $ 26,174
  G. Yannakopoulos                                       0            71,704
  G. Hardie                                          1,000
                                                  --------          --------

Total loans payable to related parties            $  1,000          $ 97,878
                                                  ========          ========

Loans receivable from shareholders
  Cobalt Capital (Pty) Ltd.                       $      0          $      0
  M. DuPlessis                                           0            13,169
  G. Yannakopoulos                                       0                 0
                                                  --------          --------
Total loans receivable from related parties       $      0          $ 13,169
                                                  ========          ========

Compensation paid to directors
  M. DuPlessis                                      52,482            52,697
  G. Yannakopoulos                                  52,482            52,697
                                                  --------          --------

                                                  $104,964          $105,394
                                                  ========          ========

10. SUBSEQUENT EVENTS

The Company has analyzed its operations subsequent to February 29, 2012 through
the date these financial statements were issued, and has determined that it does
not have any material subsequent events to disclose.

                                      F-12