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|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------|
|  ý                                                                                                                                                                                                                                                                                                                |   |  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934  |
|  For The Quarterly Period Ended March 31, 2011                                                                                                                                                                                                                                                                    |
|  or                                                                                                                                                                                                                                                                                                                    |
|  o                                                                                                                                                                                                                                                                                                                     |   |  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|  For the Transition Period from                        to                        |

| Texas                                                         |   | 61-155055                              |
|---------------------------------------------------------------|--------|----------------------------------------|
| (State or other jurisdiction ofincorporation or organization) |   | (I.R.S. EmployerIdentification Number) |

| 104 Hardwicke Lane, Little Elm, Texas   |   | 75068      |
|-----------------------------------------|--------|------------|
| (Address of principal executive office) |   | (Zip Code) |

| Large Accelerated Filer o |   | Accelerated Filer G |   | Non-accelerated filer o(Do not check if asmaller reporting company) |   | Smaller reporting company x |
|------------------------------------------|--------|-------------------------------|--------|-------------------------------------------------------------------------------|--------|--------------------------------------------|

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|------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------|--------|----------|--------|--------|
|                                     |   |                                                                                                              |   | Page No. |   |
|  PART I—FINANCIAL INFORMATION |   |
|  Item 1.                       |   |  Financial Statements                                                                                        |   |     | 3      |   |
|                                     |   |  Balance Sheets (unaudited) at March 31, 2011 and December 31, 2010                                |   |     | 4      |   |
|                                     |   |  Statements of Operations (unaudited) for the three months ended March 31, 2011 and March 31, 2010      |   |     | 5      |   |
|                                     |   |  Statements of Cash Flows (unaudited) for the three months ended March 31, 2011 and March 31, 2010 |   |     | 6      |   |
|                                     |   |  Notes to Financial Statements                                                                               |   |     | 7      |   |
|  Item 2.                       |   |  Management's Discussion and Analysis of Financial Condition and Results of Operations                       |   |     | 14     |   |
|  Item 3.                       |   |  Quantitative and Qualitative Disclosures About Market Risk                                                  |   |     | 18     |   |
|  Item 4.                       |   |  Controls and Procedures                                                                                     |   |     | 18     |   |
|  PART II—OTHER INFORMATION    |   |
|  Item 1.                       |   |  Legal Proceedings                                                                                           |   |     | 19     |   |
|  Item 2.                       |   |  Unregistered Sales of Equity Securities and Use of Proceeds                                                 |   |     | 19     |   |
|  Item 3.                       |   |  Default Upon Senior Securities                                                                              |   |     | 19     |   |
|  Item 4.                            |   |  Submission of Matters to a Vote of Security Shareholders                                                    |   |     | 19     |   |
|  Item 5.                            |   |  Other Information                                                                                           |   |     | 19     |   |
|  Item 6.                       |   |  Exhibits                                                                                                    |   |     | 19     |   |
|  Signature                          |   |                                                                                                              | 20     |     |

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| REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| To the Board of Directors and Stockholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Yellow7, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| We have reviewed the accompanying balance sheet of  Yellow7, Inc. (formerly Yellow7, LLC) as of  March 31, 2011, and the related statements of income, stockholders' equity, and cash flows for the three-months then ended. These financial statements are the responsibility of the company’s management.                                                                                                                                                                                                                                                                                                                    |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| We conducted our review in accordance with the standards of the Public Company Accounting Oversight Board (United States).  A review of interim financial information consists principally of applying analytical procedures and making inquiries of persons responsible for financial and accounting matters.  It is substantially less in scope than an audit conducted in accordance with standards of the Public Company Accounting Oversight Board (United States), the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion. |
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| Based on our review, we are not aware of any material modifications that should be made to the accompanying interim financial statements for them to be in conformity with accounting principles generally accepted in the United States of America.                                                                                                                                                                                                                                                                                                                                                                                                     |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| /s/ David A. Aronson, CPA, P.A.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| -------------------------------------                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| David A. Aronson, CPA. P.A.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| North Miami Beach, Florida                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| May 12, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

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| Yellow7 , Inc.                                                           |
|--------------------------------------------------------------------------|
| (Formerly Yellow7 , LLC)                                                 |
| Condensed Balance Sheets                                                 |
| March 31, 2011 and December 31, 2010                                     |
|                                                                     |   |   |   |   |   |   |
| ASSETS                                                                   |
|                                                                     |   | March 31, 2011 |   |   | December 31, 2010 |   |
|                                                                     |
|                                                                     |   | (Unaudited) |   |   |   |   |
| Current Assets:                                                          |   |   |   |   |   |   |
| Cash and cash equivalents                                                |   | $ | 3,208 |   |   | $ | 12,021 |   |
| Accounts receivable, net of allowance of $3,500 and $3,500, respectively |   |   | 7,861 |   |   |   | 20,342 |   |
| Deferred tax asset                                                       |   |   | 18,000 |   |   |   | 16,000 |   |
| Total current assets                                                     |   |   | 29,069 |   |   |   | 48,363 |   |
|                                                                     |   |   |   |   |   |   |   |   |
| Furniture and Equipment, net                                             |   |   | 98,935 |   |   |   | 105,814 |   |
|                                                                     |   |   |   |   |   |   |   |   |
|                                                                     |   | $ | 128,004 |   |   | $ | 154,177 |   |
|                                                                     |   |   |   |   |   |   |   |   |
| LIABILITIES AND MEMBERS' EQUITY                                          |
|                                                                     |   |   |   |   |   |   |   |   |
| Liabilities:                                                             |   |   |   |   |   |   |   |   |
| Accounts payable and accrued expenses                                    |   | $ | 89,789 |   |   | $ | 97,593 |   |
| Loans payable - current portion                                          |   |   | 24,832 |   |   |   | 23,392 |   |
|   Total current liabilities                                    |   |   | 114,621 |   |   |   | 120,985 |   |
|                                                                     |   |   |   |   |   |   |   |   |
| Non-current Liabilities                                                  |   |   |   |   |   |   |   |   |
| Loans payable - net of current portion                                   |   |   | 72,395 |   |   |   | 80,609 |   |
|   Total non-current liabilities                                |   |   | 72,395 |   |   |   | 80,609 |   |
|                                                                     |   |   |   |   |   |   |   |   |
| Members' Equity (Deficit):                                               |   |   |   |   |   |   |   |   |
| Common stock, $0.0001 par value; 100,000,000 shares authorized,          |   |   |   |   |   |   |   |   |
| 40,210,000 shares issued and outstanding                                 |   |   | 4,021 |   |   |   | 4,021 |   |
| Additional paid in capital                                               |   |   | 2,499 |   |   |   | 2,499 |   |
| Members' (Deficit) Equity                                                |   |   | - |   |   |   | - |   |
| Retained Earnings (Deficit)                                              |   |   | (65,532 | ) |   |   | (53,937 | ) |
|                                                                     |   |   | (59,012 | ) |   |   | (47,417 | ) |
|                                                                     |   |   |   |   |   |   |   |   |
|                                                                     |   | $ | 128,004 |   |   | $ | 154,177 |   |

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| Yellow7 , Inc.                                      |   |
|-----------------------------------------------------|--------|
| (Formerly Yellow7 , LLC)                            |   |
| Condensed Statements of Operations                  |   |
| For the Three Months Ended March 31, 2011 and 2010  |   |
| (Unaudited)                                         |   |
|                                                |   | For the Three Months Ended March 31, |   |
|                                                |
|                                                |
|                                                |   |   | 2011 |   |   |   | 2010 |   |
|                                                |   |   |   |   |   |   |   |
| Revenue, net                                        |   | $ | 176,562 |   |   | $ | 190,045 |   |
|                                                |   |   |   |   |   |   |   |   |
| Cost of sales                                       |   |   |   |   |   |   |   |   |
| Contract labor                                      |   |   | 10,363 |   |   |   | 7,164 |   |
| Other costs of sales                                |   |   | 6,371 |   |   |   | 7,748 |   |
| Total cost of sales                                 |   |   | 16,734 |   |   |   | 14,912 |   |
|                                                |   |   |   |   |   |   |   |   |
| Gross profit                                        |   |   | 159,828 |   |   |   | 175,133 |   |
|                                                |   |   |   |   |   |   |   |   |
| Operating expenses:                                 |   |   |   |   |   |   |   |   |
| Advertising                                         |   |   | 3,431 |   |   |   | 3,222 |   |
| Provision for bad debts                             |   |   | - |   |   |   | - |   |
| Depreciation                                        |   |   | 6,878 |   |   |   | 7,092 |   |
| Rent                                                |   |   | 11,455 |   |   |   | 13,473 |   |
| Salaries                                            |   |   | 106,046 |   |   |   | 25,999 |   |
| Telephone                                           |   |   | 3,641 |   |   |   | 4,479 |   |
| Other                                               |   |   | 41,972 |   |   |   | 37,357 |   |
|                                                |   |   | 173,423 |   |   |   | 91,622 |   |
|                                                |   |   |   |   |   |   |   |   |
| Net income before other income and expenses         |   |   | (13,595 | ) |   |   | 83,511 |   |
|                                                |   |   |   |   |   |   |   |   |
| Other income and (expenses)                         |   |   |   |   |   |   |   |   |
| Income tax benefit                                  |   |   | 2,000 |   |   |   | - |   |
|                                                |   |   | 2,000 |   |   |   | - |   |
|                                                |   |   |   |   |   |   |   |   |
| Net (loss)/income                                   |   | $ | (11,595 | ) |   | $ | 83,511 |   |
|                                                |   |   |   |   |   |   |   |   |
| Net (loss)/income per common share - Basic and      |   |   |   |   |   |   |   |   |
| fully diluted                                       |   | $ | (0.00 | ) |   |   | N/A |   |
| Weighted average number of shares                   |   |   |   |   |   |   |   |   |
| outstanding - Basic and fully diluted               |   |   | 40,210,000 |   |   |   | N/A |   |
|                                                |   |   |   |   |   |   |   |   |
| Pro-forma disclosure of provision for income taxes: |   |
| Benefit/(Provision) for income taxes                |   | $ | 2,000 |   |   | $ | (17,000 | ) |
|                                                |   |   |   |   |   |   |   |   |
| Pro-forma net (loss)/income                         |   | $ | (11,595 | ) |   | $ | 66,511 |   |
| Pro-forma disclosure of income per common           |   |   |   |   |   |   |   |   |
| share - Basic and fully diluted                     |   | $ | (0.00 | ) |   | $ | 0.00 |   |
| Pro-forma weighted average number of shares         |   |   |   |   |   |   |   |   |
| outstanding - Basic and fully diluted               |   |   | 40,210,000 |   |   |   | 40,200,000 |   |

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| Yellow7 , Inc.                              |   |
|---------------------------------------------|--------|
| (Formerly Yellow7 , LLC)                    |   |
| Statement of Stockholders' Equity (Deficit) |   |
| March 31, 2011                              |   |
|                                        |   |   |   |   |   |   |   | Additional Paid in Capital |   |   | Members' Equity (Deficiency) |   |   | Retained Earnings (Deficiency) |   |   | Total Stockholders' Deficiency |   |
|                                        |   |   |   |   |   |   |
|                                        |   |   |   |   |   |   |
|                                        |   | Common Stock |   |
|                                        |   | Shares |   |   | Amount |   |
| Balance - January 1, 2010                   |   |   | - |   |   | $ | - |   |   |   | - |   |   | $ | (10,880 | ) |   |   | - |   |   |   | - |   |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income for the period from              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| January 1, 2010 through July 13, 2010       |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 170,821 |   |   |   | - |   |   |   | - |   |
| Distributions                               |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (142,400 | ) |   |   | - |   |   |   | - |   |
| Conversion from Limited Liability           |   |   |   |   |   |   |   |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   |   |   |
| Company to Corporation                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (17,541 | ) |   |   | 17,541 |   |   |   | 17,541 |   |
| Sale of stock for cash                      |   |   | 40,200,000 |   |   |   | 4,020 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 4,020 |   |
| Sale of stock for cash                      |   |   | 10,000 |   |   |   | 1 |   |   |   | 2,499 |   |   |   | - |   |   |   | - |   |   |   | 2,500 |   |
| Net loss for the period from July 14,       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2010 through December 31, 2010              |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (71,478 | ) |   |   | (71,478 | ) |
| Balance - December 31, 2010                 |   |   | 40,210,000 |   |   |   | 4,021 |   |   |   | 2,499 |   |   |   | - |   |   |   | (53,937 | ) |   |   | (47,417 | ) |
|                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                    |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (11,595 | ) |   |   | (11,595 | ) |
| Balance - March 31, 2011                    |   |   | 40,210,000 |   |   | $ | 4,021 |   |   | $ | 2,499 |   |   | $ | - |   |   | $ | (65,532 | ) |   | $ | (59,012 | ) |

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| Yellow7 , Inc.                                     |   |
|----------------------------------------------------|--------|
| (Formerly Yellow7 , LLC)                           |   |
| Condensed Statements of Cash Flows                 |   |
| For the Three Months Ended March 31, 2011 and 2010 |   |
| (Unaudited)                                        |   |
|                                               |   |   |   |   |   |   |
|                                               |   |   |   |   |   |   |
|                                               |   |   |   |   |   |   |
|                                               |   | 2011 |   |   | 2010 |   |
|                                               |   |   |   |   |   |   |
| Cash flows from operating activities:              |   |   |   |   |   |   |
| Net income                                         |   | $ | (11,595 | ) |   | $ | 83,511 |   |
| Adjustments to reconcile net loss to net cash used |   |   |   |   |   |   |   |   |
| by operating activities:                           |   |   |   |   |   |   |   |   |
| Depreciation expense                               |   |   | 6,878 |   |   |   | 7,092 |   |
| Accounts receivable                                |   |   | 12,481 |   |   |   | 22,396 |   |
| Deferred tax asset - current                       |   |   | (2,000 | ) |   |   | - |   |
| Accounts payable and accrued expenses              |   |   | (7,804 | ) |   |   | 11,386 |   |
| Net cash used by operating activities              |   |   | (2,040 | ) |   |   | 124,385 |   |
|                                               |   |   |   |   |   |   |   |   |
| Cash flows from financing activities:              |   |   |   |   |   |   |   |   |
| Distributions to members                           |   |   | - |   |   |   | (86,000 | ) |
| Loans payable                                      |   |   | (6,773 | ) |   |   | (6,066 | ) |
| Net cash provided by financing activities          |   |   | (6,773 | ) |   |   | (92,066 | ) |
|                                               |   |   |   |   |   |   |   |   |
| Net increase in cash                               |   |   | (8,813 | ) |   |   | 32,319 |   |
| Cash at beginning of period                        |   |   | 12,021 |   |   |   | 8,955 |   |
| Cash at end of period                              |   | $ | 3,208 |   |   | $ | 41,274 |   |
|                                               |   |   |   |   |   |   |   |   |
| Supplemental cash flow information:                |   |   |   |   |   |   |   |   |
| Cash paid during the period for:                   |   |   |   |   |   |   |   |   |
| Interest                                           |   | $ | 4,286 |   |   | $ | 16,699 |   |
| Income taxes                                       |   | $ | - |   |   | $ | - |   |

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| Yellow7 , Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Formerly Yellow7 , LLC)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Notes to Financial Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| March 31, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
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| Note 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |
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| Organization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| Yellow7, Inc. (the "Company") was organized in Texas in January 2008 as a limited liability company.  Prior to that date the Company was organized as a general partnership.  On July 13, 2010 the Company's' equity structure was converted to that of a corporation.  The Company provides software development and web development services to the general public.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
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| Basis of Presentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |
| The accompanying unaudited financial statements of Yellow7 have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information.  Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted pursuant to such principles and regulations of the Securities and Exchange Commission for Form 10-Q.  All adjustments, consisting of normal recurring adjustments, have been made which, in the opinion of management, are necessary for a fair presentation of the results of interim periods.  The results of operations for such interim periods are not necessarily indicative of the results that may be expected for a full year.  The unaudited financial statements contained herein should be read in conjunction with the audited financial statements and notes thereto  for the fiscal year ended December 31, 2010. |
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| The balance sheet at March 31, 2011 has been derived from the audited financial statements at that date but does not include all of the information and notes required by U.S. generally accepted accounting principles for complete financial statements.  For further information, refer to the financial statements and notes thereto for the fiscal year ended December 31, 2010.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
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| The condensed statements of operations include pro-forma information that shows the tax benefit/(expense) for all periods shown as if the Company's equity structure had been that of a corporation as of January 1, 2010.  Pro-forma information has also been included for (loss) income per common share (basic and fully diluted) and for the weighted average number of shares outstanding (basic and fully diluted) as if the Company had issued the initial 40,200,000 shares on January 1, 2010.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
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| Concentration of Credit Risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |
| Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of trade accounts receivable.  The Company minimizes its credit risk by performing credit evaluations of its customers' financial condition.  The Company maintains an allowance for doubtful accounts based upon expected collectability.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
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| Yellow7 , Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Formerly Yellow7 , LLC)                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Notes to Financial Statements                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| March 31, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |
| Note 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)                                                                                                                                                                                                                                                                                                                                                                                        |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |
| Accounts Receivable and Allowance for Doubtful Accounts                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |
| An allowance for uncollectible accounts is estimated and recorded based on the Company's historical bad debt experience and on management's judgment.  The allowance for uncollectible accounts at March 31, 2011 and December 31, 2010 was $3,500 and $3,500, respectively.                                                                                                                                                                           |
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| Furniture and Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |
| Furniture and equipment are stated at cost.  Maintenance, repairs and minor renewals are expensed as incurred.  Furniture and equipment that is retired or sold, and the related gain or loss, if any, is taken into income currently.  Depreciation is computed using the straight-line method over the estimated useful lives of the assets.                                                                                     |
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| The estimated useful lives for computing depreciation are:                                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                             | Equipment and vehicles |   |   |   | 5 - 10 years |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                             | Furniture and fixtures |   |   |   | 5 - 7 years |   |   |
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| Use of Estimates                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.                                                                                                                                 |
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| Segment Information                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |
| The Company follows Accounting Standards Codification ("ASC") 280, "Segment Reporting".  The Company currently operates in a single segment and will evaluate additional segment disclosure requirements as it expands its operations.                                                                                                                                                                                                                 |
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| Income Taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Until July 12, 2010 the Company was a limited liability company, and therefore was not subject to income tax, as any income or loss was included in the personal returns of the individual members.  Accordingly, no provision was made for income taxes in the financial statements through that date.  On July 13, 2010 the Company converted its equity structure to that of a corporation at which time it became subject to income tax. |
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| Yellow7 , Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Formerly Yellow7 , LLC)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Notes to Financial Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| March 31, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| Note 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| Income Taxes (continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |
| Subsequent to July 12, 2010, deferred income taxes are recognized for the tax consequences related to temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for tax purposes at each year end, based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income.  A valuation allowance is recognized when, based on the weight of all available evidence, it is considered more likely than not that all, or some portion, of the deferred tax assets will not be realized.  Income tax expense is the sum of current income tax plus the change in deferred tax assets and liabilities. |
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| ASC 740, Income Taxes, requires a company to first determine whether it is more likely than not (defined as a likelihood of more than fifty percent) that a tax position will be sustained based on its technical merits as of the reporting date, assuming that taxing authorities will examine the position and have full knowledge of all relevant information.  A tax position that meets this more-likely-than-not threshold is then measured and recognized at the largest amount of benefit that is greater than fifty percent likely to be realized upon effective settlement with a taxing authority.                                                                                                                                            |
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| Net Income (Loss) per Common Share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |
| Basic net income (loss) per common share is calculated using the weighted average common shares outstanding during each reporting period.  Diluted net income (loss) per common share adjusts the weighted average common shares outstanding for the potential dilution that could occur if common stock equivalents (convertible debt and preferred stock, warrants, stock options, and restricted stock shares and units) were exercised or converted into common stock.  There were no common stock equivalents at March 31, 2011                                                                                                                                                                                                            |
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| Financial Instruments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |   |   |   |   |   |
| The carrying value of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities approximate fair value because of the short maturities of those instruments.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
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| Cash and Cash Equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |
| For purposes of the statement of cash flows, the Company considers all highly liquid equity instruments with a maturity of three months or less to be cash equivalents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
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| Advertising                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |   |   |
| Advertising costs are charged to operations as incurred.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

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| Yellow7 , Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Formerly Yellow7 , LLC)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Notes to Financial Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| March 31, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Note 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |
| Recent Accounting Pronouncements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |
| In January 2010, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2010-06 - "Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements".  This standard amends the disclosure guidance with respect to fair value measurements for both interim and annual reporting periods.  Specifically, this standard requires new disclosures for significant transfers of assets or liabilities between Level 1 and Level 2 in the fair value hierarchy, separate disclosures for purchases, sales, issuance and settlements of Level 3 fair value items on a gross, rather than net basis, and more robust disclosure of the valuation techniques and inputs used to measure Level 2 and Level 3 assets and liabilities.  The Company adopted the provisions of this guidance with no material impact to the financial statements.  |

| Note 2.  FURNITURE AND EQUIPMENT                                                                        |   |           |    |   |              |   |
|-------------------------------------------------------------------------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
|                                                                                                              |   |           |    |   |              |   |
|                                                                                                              |   | March 31, 2011 |    |   | December 31, 2010 |   |
|                                                                                                              |
| Vehicles                                                                                                          |   | $              | 138,195 |   |              | $      | 138,195 |   |
| Equipment                                                                                                         |   |           | 21,154  |   |              |   | 21,154 |   |
| Furniture and fixtures                                                                                            |   |           | 9,070   |   |              |   | 9,070 |   |
|                                                                                                              |   |           | 168,419 |   |              |   | 168,419 |   |
| Accumulated depreciation                                                                                          |   |           | (69,484 | )      |              |   | (62,605 | ) |
|                                                                                                              |   | $              | 98,935  |   |              | $      | 105,814 |   |
|                                                                                                              |   |           |    |   |              |   |   |   |
| Depreciation expense was $6,878 and $7,092 for the three months ended March 31, 2011 and 2010, respectively. |   |

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| Yellow7 , Inc.                                                                              |
|---------------------------------------------------------------------------------------------|
| (Formerly Yellow7 , LLC)                                                                    |
| Notes to Financial Statements                                                               |
| March 31, 2011                                                                              |
|                                                                                        |   |   |   |   |   |   |   |   |   |
|                                                                                        |   |   |   |   |   |   |   |   |   |
| Note 3.  LOANS PAYABLE                                                            |   |   |   |   |   |   |
|                                                                                        |   |   |   |   |   |   |   |   |   |
| At March 31, 2011 and December 31, 2010, the Company was obligated for the following loans: |
|                                                                                        |

|                                                                                                         |   | March 31, 2011 |    |   | December 31, 2010 |   |
|--------------------------------------------------------------------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
|                                                                                                         |   |           |    |   |              |   |
| 10.99% Loan payable due in 60 equal monthly installments of $1,000 through March 2014; secured by vehicle    |   | $              | 30,506  |   |              | $      | 32,654 |   |
|                                                                                                         |   |           |    |   |              |   |   |   |
| 10.99% Loan payable due in 60 equal monthly installments of $1,081 through March 2014; secured by vehicle    |   |           | 32,969  |   |              |   | 35,290 |   |
|                                                                                                         |   |           |    |   |              |   |   |   |
| 10.50% Term loan payable due in 61 equal monthly installments of $623 through October 2011                   |   |           | 1,154   |   |              |   | 2,971 |   |
|                                                                                                         |   |           |    |   |              |   |   |   |
| 8.00% Loan payable due in 144 equal monthly installments of $383 through October 2020; secured by motor home |   |           | 32,598  |   |              |   | 33,086 |   |
|                                                                                                         |   |           | 97,227  |   |              |   | 104,001 |   |
| Less current portion                                                                                         |   |           | (24,832 | )      |              |   | (23,392 | ) |
|                                                                                                         |   | $              | 72,395  |   |              | $      | 80,609 |   |

| Note 4.  STOCKHOLDERS' EQUITY                                                                                                                                                                                                                                                                                             |   |   |   |   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
|                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| In July 2010, when the Company changed its equity structure to that of a corporation it issued 40,200,000 shares of common stock at par value for cash.                                                                                                                                                                             |
|                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| In August 2010 the Company issued 10,000 shares of common stock at $0.25 for cash.                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| Note 5.  RELATED PARTY TRANSACTIONS                                                                                                                                                                                                                                                                                       |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |
| In November 2006, the Company signed a five year lease for its offices with a managing member of the Company.  The lease, which terminates in October 2011 calls for monthly rental payments of $3,337.  Rent expense for the three months ended March 31, 2011 and 2010 was $11,455 and $13,473, respectively. |
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| ·   | Web Design (15%) |
|--------------------|------------------|

| ·   | Web Development (15%) |
|--------------------|----------------------------|

| ·   | Mobile Design/Development (5%) |
|--------------------|-------------------------------------|

| ·   | Mobile Application Development (5%) |
|--------------------|------------------------------------------|

| ·   | Website Application Development (10%) |
|--------------------|--------------------------------------------|

| ·   | Paid Search Marketing (5%) |
|--------------------|---------------------------------|

| ·   | Media Planning/Buying (2%) |
|--------------------|---------------------------------|

| ·   | Banner Advertising /Rich Media Advertising (5%) |
|--------------------|------------------------------------------------------|

| ·   | Social media Marketing (5%) |
|--------------------|----------------------------------|

| ·   | Search Engine Optimization (20%) |
|--------------------|---------------------------------------|

| ·   | Email Marketing (5%) |
|--------------------|---------------------------|

| ·   | Reputation management (1%) |
|--------------------|---------------------------------|

| ·   | Mobile Marketing (2%) |
|--------------------|----------------------------|

| ·   | Flash Design/Development (5%) |
|--------------------|------------------------------------|

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| No.  | Exhibit                                                                                             |
|------|-----------------------------------------------------------------------------------------------------|
| 31.1 | Certification by Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2 | Certification by Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32.1 | Certification by Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 32.2 | Certification by Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  |

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|                                                      | Yellow7, Inc. |                                  |
|-----------------------------------------------------------|---------------|---------------------------------------|
|                                                      | (Registrant)  |                                  |
|                                                      |          |                                  |   |
| May        , 2011 | By:           | /s/ Jason Burgess                     |   |
|                                                      |          | Jason Burgess                         |   |
|                                                      |          | President and Chief Executive Officer |   |
|                                                      |          |                                  |   |
|                                                 |          |                                  |
|                                                      |          |                                  |   |
| May       , 2011       | By:           | /s/ Jon Burgess                       |   |
|                                                      |          | Jon Burgess                           |   |
|                                                      |          | Chief Financial Officer          |   |

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| No.  | Exhibit                                                                                             |
|------|-----------------------------------------------------------------------------------------------------|
| 31.1 | Certification by Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 31.2 | Certification by Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| 32.1 | Certification by Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| 32.2 | Certification by Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

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