SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-KSB

     [X]          ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                     FOR THE FISCAL YEAR ENDED JUNE 30, 2006

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

                        COMMISSION FILE NUMBER 000-29249

                   TRUE PRODUCT ID, INC. (FORMERLY ONTV, INC.)
             (Exact name of registrant as specified in its charter)

               DELAWARE                                          16-1499611
(State or other jurisdiction of incorporation               (I.R.S.  Employer
  or organization)                                           Identification No.)


                             2600 CENTER SQUARE WEST
                               1500 MARKET STREET
                        PHILADELPHIA, PENNSYLVANIA         19102
               (Address of principal executive offices) (Zip Code)

        REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 215-496-8102

SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:  NONE
SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:

                         COMMON STOCK, $0.001 PAR VALUE
                                (Title of Class)

                                   ONTV, Inc.
            2444 Innovation Way, Bldg. 10, Rochester, New York 14624
(Former  name,  former  address and former  fiscal year,  if changed  since last
report)

Indicated by check mark whether the  registrant  is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act Yes      No  X
                                                       ----   ----

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
Yes   X      No      .
    -----       -----

The  aggregate  market value of the voting stock held by  non-affiliates  of the
registrant  was  $2,766,083  as of June 30, 2006,  computed on the basis of the
average of the bid and asked prices on such date.

The registrant's revenues for the year ended June 30, 2006 were $-0-.

As of  September  30,  2006 there were  254,712,096  shares of the  registrant's
Common Stock outstanding.

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

Indicated by check mark whether the registrant is a shell company (as defined by
Rule 12b-2 of the  Exchange  Act).Yes No X

DOCUMENTS  INCORPORATED  BY REFERENCE
Portions of the Proxy  Statement  for the 2006 Annual  Meeting of  Stockholders,
which  statement  will be filed  not  later  than 120 days  after the end of the
fiscal year covered by this Report,  are incorporated by reference into Part III
of this Form 10-K to the extent stated herein.


<PAGE>



                                     PART I

ITEM 1.  BUSINESS

OVERVIEW

True Product ID, Inc. (formerly ONTV, Inc.) (the "Company" or the "Corporation")
produces   integrators  for   anti-counterfeiting   and  security   surveillance
applications  and is a provider  of  integrated  tracking  devices.  The Company
intends  to  deliver  turnkey  solutions  for  governments,  armed  forces,  and
industry,  through its own  proprietary  technology and through  aggregating the
technology,  products,  and services of third parties via  licensing  agreements
and/or joint ventures.

The Company delivers anti-counterfeiting turnkey solutions to governments, armed
forces,  and  industry,  through  its own  proprietary  technology  and  through
aggregating  the  technology,  products,  and  services  of  third  parties  via
licensing agreements and joint ventures.

Counterfeit,  by definition,  denotes the copying,  imitation,  or forging of an
article  by a  perpetrator  who  lacks the  legal  right to do so,  and with the
express purpose of deceiving or defrauding. Counterfeiting encompasses violation
of  intellectual  property  (IP) rights that are  legally  enshrined  in patents
(linked with inventions); copyright (covering literary, musical, artistic works,
and software);  trademarks  (including  words,  brands,  and logos),  industrial
designs and other forms of IP.

The  counterfeiting  industry  comprises  5% to 7% of global  trade and is worth
roughly $450 to $500 billion according to the International Chamber of Commerce.

BUSINESS

The   Company   plans   to  be   the   world   leader   in  the   provision   of
anti-counterfeiting, brand and product authentication, and security products and
services.  The Company's  authentication  solution is an  integrated  management
system based on synthetic  taggant  technology,  in which specific  taggants are
formulated to tag target  objects for  identification  and  authentication.  Our
higher end solutions also employ a proprietary  supporting computer database and
application  (KMAC) to manage  inspections,  as well as collect and analyze data
from scanners in the field for trend spotting and responsive  action.  While not
limited to  exclusively  one solution for  anti-counterfeiting  technology,  The
Company continues to explore the technology market for novel anti-counterfeiting
solutions in addition to taggant or scanning technology.

The  Company's  authentication  management  system  is  comprised  of a suite of
world-class   technologies,   representing   years  of  empirical  research  and
application to the business of authentication.  The Company's technology is both
focused on  commercial  and civil  applications,  and applies to a wide range of
businesses  plagued by piracy and IP violations,  everything  from cigarettes to
pharmaceuticals,  and from auto parts to currency,  The  Company's  cutting-edge
technology  ultimately  provides  commercial  or government  end-users  with the
authentication  technology needed to protect brand integrity and revenue capture
from piracy.

One of our tagging techniques is Synthetic DNA (S-DNA). This involves developing
a taggant  based upon elements and placing that tag on or in the product or item
to be scanned.  Both the physical and chemical properties of S-DNA are extremely
stable.  It is free of toxicity or pollution because only a very small volume is
used,  resistant  to high  temperature  and  abrasion,  strong  acid and  strong
alkaline,  the S-DNA does not dissolve in common  solvents.  Owing to its strong
permeability, S-DNA bonds to all objects on a molecular level with the exception
of cut glass and diamonds.

Without changing the original  production process or adding any facilities,  the
manufacturer only needs to apply S-DNA elemental taggant of different proportion
on different positions on the products (directly on the product itself or on its
packaging  material) as  information  points,  and then use a  micro-intelligent
analysis  system to  authenticate  the product  information.  The  analysis  and
management of the taggant  information  through the data  management  system can
effectively and  economically  protect the products against  counterfeiting  and
duplication.

Another of our tagging technology involves designing a molecule that responds to
certain Infra-Red or Ultra-Violet light. This tag is also highly specialized and
similar to S-DNA is extremely difficult to copy or fake.

The last of the Company's  tagging  technology  implements a technology known as
particle pattern  recognition and  verification.  Each product is printed with a
two-dimensional  data matrix that contains  information  about a random particle
pattern  located  somewhere  on the package as well.  The scanner then reads the



                                       1
<PAGE>

data matrix and the  particle  pattern and submits this  information  to KMAC or
another  central  database.  That data can  contain  information  related to the
product/location  and whether or not the product is fake or real.  KMAC can then
determine if that serial number for  "appropriateness." For example, if the same
product  serial number passes  through a scan point more than once,  one of them
MUST be a counterfeit.

The customized  information of a given tagged object is stored in KMAC, the data
management system.  This system is able to detect all information related to the
identity  of the  tagged  object at any time or  location  with  extremely  high
accuracy.

To ensure the highest level of security,  our tagging system  involves  stacking
tags. That is, multiple  technologies  are used to generate a single tag, making
it extremely  difficult to copy or spoof. This combined with the real time power
of  KMAC  to  provide   back-end   verification,   yields   the  most   advanced
anti-counterfeit solution in the world.

Our  authentication  management system can be widely applied to various goods or
products such as medicine,  food,  apparel,  tobacco,  alcohol,  vehicle  parts,
cosmetics,  electronic components, jewelry, art and cultural artifacts, athletic
merchandise,  as well as  financial  instruments  such as currency,  checks,  or
receipts.  The Company's  proprietary  authentication system is multi-functional
and can  serve as a means to tag  materials  and  products  at each  step in the
supply chain,  from tagging raw materials and products during the  manufacturing
process to, post-production  movement of products from transport to distribution
to end-users.  Above all, our  authentication and tracking system is well suited
to law  enforcement  by,  for  example,  customs  agents  preventing  smuggling,
thwarting  counterfeiting  of financial  documents and currency,  and curtailing
piracy of high-end manufactured goods.

STRATEGY

The Company's strategy is to:

o    Contribute to the growth and  maturation of China's  economy by helping the
     Chinese government to decrease and eventually eliminate counterfeiting.

o    Leverage on our strong relationships both in the United States and European
     Multi-National corporations.

o    Target multi-national  corporations were foreign businesses or Sino-foreign
     joint  ventures  have  fallen  victim to  counterfeiting  and  intellectual
     property piracy.

o    Assume a leadership position in China. As the largest  counterfeiter in the
     world,  China presents a global  opportunity  for the Company to expand its
     technology, products and services to the world.

THE PRODUCTS AND SERVICES:

SYNTHETIC DNA (S-DNA)

The Company's  marking  process  involves the  application  of a combination  of
inorganic  elements.  These  elements  penetrate  the surface of an object and a
molecular bond is formed.  The method of  application  can vary depending on the
item to be tagged.  Coded  elements can be placed on an object using a colorless
carrier  rendering them invisible to the human eye, or can include a fluorescent
element so that they glow under UV light.  The specific  ratios of elements that
comprise the synthetic DNA create a unique identity code for a given client,  or
a specific  product,  division,  or product  run  within  the  client's  area of
concern.  The  number  of  potential  mix  ratios  or  identity  codes is in the
billions.

Depending on the surface structure, a high percentage of the chemical penetrates
and bonds with the item's  molecular  structure.  Once the synthetic DNA (S-DNA)
has entered the item, its removal,  whether by chemical solvent or abrasion,  is
extremely difficult.  Total removal of the S-DNA that has penetrated the item is
extremely  difficult.  We have tested and proven our  capability  to introduce a
synthetic DNA into a product during the manufacturing  process.  This enables us
to invisibly attach a "fingerprint to the product via synthetic DNA which can be
applied to industrial parts, apparel,  consumer electronics,  jewelry,  CD-ROMs,
sporting goods, as well as currency.

HANDHELD SCANNERS/ ANALYZERS

 Like the common commercial bar code scanner,  the Company's  wireless hand-held
analyzer is used to identify  synthetic  DNA codes.  This analysis when combined
with the KMACK system can identify,  for example,  the  legitimate  owner of the
marked item, the production run from which it originated and whether the product
is genuine or a counterfeit. Our analyzer allows customers to engage in:


                                       2
<PAGE>


-  Product  identification  &  authentication  based on two  types  of  distinct
technologies: taggant and detection device technology.

 - Our  turnkey  system  enables  brand  owners  (OEM's)  the  ability to reduce
liability, protect brand integrity,  increase profitability and protect customer
confidentiality.

 - TPID  taggant  includes  tags  that can be  (optionally)  read by a number of
different reader types including:

 - XRF as well as Infa-Red (IR),  scanners can read individual  items for on the
spot verification of a product's authenticity.

-  Marker  Systems  uses  microscopic  particles<  Optical/Audible  System  uses
multi-functional  additives  Elemental  System  -  Elemental  Additive  Particle
Pattern - Standard 2D bar code scanner

We  intend  to  either  lease  or sell  the  scanners  depending  upon  customer
conditions and other business considerations.

CONSULTING AND DATA SERVICES

The Company intends to generate consulting and data services from the use of its
KMAC proprietary  computerized  database, the sale of KMAC generated data and by
licensing the KMAC system to third parties.

PRODUCT AUTHENTICATION SERVICES

Product  authentication  services include: 1) credited scans associated with the
work order, 2) additional  scans required and 3) management of inspectors by the
Company.

COMPETITION

There are currently  five competing  technologies  for  anti-counterfeiting  and
security surveillance applications and is a integrated tracking devices. The are
radio    frequency    identification    ("RFID")    systems,    taggants,    DNA
("Deoxyribonucleic Acid"), synthetic DNA and traceless technology.

Chip Based RFID competitors include:

o      Omron
o      Lowry Computer Products
o      Markem Corporation
o      Tana Consultancy Services

Chipless RFID competitors include:

o      Inkode
o      Cross ID

Ink Based Taggant competitors include:

o      TraceTag International
o      Inksure Technologies Inc.
o      Sun Chemical
o      Dupont Authentication Systems (DAS_

DNA competitors include:

o      Applied DNA Sciences, Inc.
o      TraceTag International

Synthetic DNA competitors include:

o      DNA Technologies, Inc.
o      identify GmbH


                                       3
<PAGE>


Traceless Technology competitors include:

o      Eastman Kodak

Microtaggant competitors include:

o      Microtrace LLC
o      Authentix

INTELLECTUAL PROPERTY

Currently,  the  Company  has filed an  application  for a patent with the State
Intellectual   Property   Office  of  the   People's   Republic  of  China  (No.
200510089020.1)  filed  August  3,  2005 for the  "Method  and  Apparatus  Using
Chemical Elemental Taggant and the Chemical Elemental Taggant"

Additionally,  the Company has filed an application for a patent with the Patent
Cooperation Treaty (No.  PCT/CN2006/001946) filed August 2, 2006 for the "Method
for Tagging and Detecting Articles and Apparatus thereof"

The Company also has its KMAC proprietary computerized database system where new
plug-ins are continually developed to support interfacing with customer database
systems as well as any new potential  scanners in the market place and real time
reporting to the central KMAC system.


EMPLOYEES

As of June 30, 2006, we had six employees based in the United States.

WEB SITE POSTINGS

Our annual report on Form 10-KSB and quarterly reports on Form 10-QSB filed with
the U.S.  Securities and Exchange Commission are available to the public free of
charge through its website as soon as reasonably  practicable  after making such
filings. Our website can be accessed at the following address: www.tpid.net. The
information  found on our website or that may be accessed through our website is
not part of this report and is not incorporated herein by this reference.


ITEM 2. LEGAL PROCEEDINGS

We are subject to dispute and litigation in the ordinary course of business.  We
are not  aware of any  pending  or  threatened  litigation  that we  believe  is
reasonably  likely  to  have  a  material  adverse  effect  on  us,  based  upon
information available at this time.

ITEM 3. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None









                                       4
<PAGE>



                                     PART II

ITEM 4. MARKET FOR REGISTRANT'S  COMMON EQUITY,  RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES


Our common  stock is traded on the OTC  Bulletin  Board  (Symbol:  TPID) and the
information  presented for the following  periods  reflects the high and low bid
information  as reported by the OTC  Bulletin  Board.  The prices  below may not
represent actual  transactions.  These quotations reflect  inter-dealer  prices,
without retail markup, markdown or commissions.

                                                 MARKET PRICE RANGE
                                                     FISCAL 2006
                                                     -----------

                                                HIGH            LOW
                                                ----            ---
            Fourth Quarter                    $  0.38         $  0.16

At September 30, 2006, we had 2,485 stockholders of record.

On May 4, 2006,  the Company  also  amended the  articles  of  incorporation  to
increase   the   authorized   shares  of  common  stock  from   100,000,000   to
1,000,000,000,  of  which  800,000,000  shares  are  designated  as  Class A and
200,000,000 shares are designated as Class B.

On May 8,  2006,  the  Company  declared  a 2 for 1 forward  stock  split of the
Company's common stock, to be effective on May 23, 2006.

We have not  historically  declared or paid dividends with respect to our common
stock and have no intention to pay dividends in the foreseeable future.

ITEM 5. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

The following discussion should be read in conjunction with, and is qualified in
its entirety by, our audited financial  statements and notes thereto,  and other
financial information included elsewhere in this Annual Report on Form 10-K.

Certain statements  contained in this  "Management's  Discussion and Analysis of
Financial  Condition and Results of Operations" and elsewhere in this report are
forward-looking   statements  that  involve  risks  and   uncertainties.   These
statements relate to future events or our future financial performance.  In some
cases,  forward-looking  statements  can be  identified by  terminology  such as
"may", "will", "should",  "expect",  "anticipate",  "intend", "plan", "believe",
"estimate",  "potential",  or  "continue",  the negative of these terms or other
comparable  terminology.   These  statements  involve  a  number  of  risks  and
uncertainties.   Actual  events  or  results  may  differ  materially  from  any
forward-looking  statement  as a result  of  various  factors,  including  those
described above under "Risk Factors".

Our cash  balance as of June 30,  2006 was zero.  Since the change in control of
the Company on March 16, 2006 the employees of the Company have not received any
payroll and the majority of our vendors  have not  received  payments of amounts
due. It is the Company's intention to seek strategic partnerships that result in
an infusion of cash into the Company.  As our products and services  gain market
acceptance we would expect to increase our employee headcount.

Based upon our  business  plan for the next  fiscal  year we do not expect  that
significant expenditures for the purchase of plant and equipment or research and
development as our products are not labor intensive and have been developed to a
stage where significant modifications are not expected.


Based upon the current operating plan, we expect that our existing cash balances
and cash flows from  operations will be not be sufficient to finance our working
capital and capital expenditure  requirements  through Fiscal 2007. We intend to
see capital via the sale of shares in the equity  markets or from cash generated



                                       5
<PAGE>

from product licensing  transactions.  However, if events occur or circumstances
change such that we fail to meet our operating plan as expected,  we may require
additional  funds to  support  our  working  capital  requirements  or for other
purposes and may seek to raise additional funds through public or private equity
or debt financing or from other sources.  If additional  financing is needed, we
can not be  assured  that  such  financing  will be  available  on  commercially
reasonable terms or at all.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements.

ITEM 6.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

None

ITEM 6A.  FINANCIAL STATEMENTS

Our consolidated  financial statements and the report of Rotenberg & Co. LLP are
attached to this  Annual  Report on Form  10-KSB  beginning  on page F-1 and are
incorporated herein by reference.

ITEM  7.  CHANGES  IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
FINANCIAL DISCLOSURE

None

ITEM 7A. CONTROLS AND PROCEDURES

1.   EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

As of  the  end of  the  period  covered  by  this  report,  we  carried  out an
evaluation,  under the supervision and with the participation of our management,
including the Chief Executive  Officer and the Chief Financial  Officer,  of the
effectiveness  of  our  disclosure  controls  and  procedures.   Based  on  that
evaluation,  the Chief Executive  Officer and Chief Financial  Officer concluded
that our disclosure  controls and procedures as of the end of the period covered
by this report have been  designed and are  functioning  effectively  to provide
reasonable  assurance  that the  information  required to be  disclosed by us in
reports filed under the Securities Exchange Act of 1934 is recorded,  processed,
summarized and reported within the time periods specified in the SEC's rules and
forms.  Our  independent  registered  public  accounting  firm noted no material
weaknesses.

Our management,  including the Chief  Executive  Officer and the Chief Financial
Officer,  does not expect that our disclosure  controls or our internal  control
over  financial  reporting  will  prevent  all errors  and all fraud.  A control
system,  no matter how well  designed  and  operated,  cannot  provide  absolute
assurance that the objectives of the controls systems are met, and no evaluation
of controls can provide absolute assurance that all control issues and instances
of fraud, if any, within a company have been detected.  Further, the design of a
control  system must reflect the fact that there are resource  constraints,  and
the  benefits of controls  must be  considered  relative to their  costs.  These
inherent limitations include the realities that judgments in decision-making can
be faulty and that  breakdowns  can occur  because of simple errors or mistakes.
Controls can also be  circumvented  by the individual  acts of some persons,  by
collusion of two or more people, or by management override of the controls.  The
design of any system of controls is based in part on certain  assumptions  about
the likelihood of future  events,  and there can be no assurance that any design
will  succeed  in  achieving  its  stated  goals  under  all  potential   future
conditions.  Over time,  controls  may become  inadequate  because of changes in
conditions  or  deterioration  in the  degree of  compliance  with  policies  or
procedures.  Because of the inherent  limitations  in a  cost-effective  control
system, misstatements due to error or fraud may occur and not be detected.

2.  Internal Control Over Financial Reporting

   (a) Management's Annual Report on Internal Control Over Financial Reporting
       -----------------------------------------------------------------------

In accordance with SEC Release No. 33-8618,  the Company will omit the report of
the Company's  management on internal control over financial  reporting,  and in
accordance  with current  rules plan to file such report in our Annual Report on
Form 10-K covering the fiscal year ended January 31, 2008.

   (b) Attestation Report of the Registered Public Accounting Firm
       -----------------------------------------------------------


                                       6
<PAGE>


In  accordance  with  SEC  Release  No.  33-8618,  the  Company  will  omit  the
attestation  report of  Rotenberg & Co. LLP on  management's  assessment  of the
Company's  internal  control over  financial  reporting and in  accordance  with
current rules plan to file such  attestation in our Annual Report on Form 10-KSB
covering the fiscal year ended June 30, 2008.

   (c) Changes in Internal Control Over Financial Reporting
       ----------------------------------------------------

No change in our internal control over financial  reporting  occurred during our
most recent fiscal quarter that has materially  affected or is reasonable likely
to materially affect, our internal control over financial  reporting,  except as
noted in the first paragraph of this Item 9A - Controls and Procedures.

ITEM 7B.   OTHER INFORMATION

None

















                                       7
<PAGE>



                                    PART III

ITEM 8. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE
WITH SECTION 16(A) OF THE EXCHANGE ACT

Except as set forth herein,  the information  set forth in our definitive  Proxy
Statement pursuant to Regulation 14A of the Securities Exchange Act of 1934 (the
"Exchange  Act") to be filed with the  Securities  and  Exchange  Commission  is
incorporated herein by reference in response to this Item 9.

ITEM 9.  EXECUTIVE COMPENSATION

The  information  set  forth  in our  definitive  Proxy  Statement  pursuant  to
Regulation  14A of the Exchange Act to be filed with the Securities and Exchange
Commission is incorporated herein by reference in response to this Item 10.

ITEM 10.  SECURITY  OWNERSHIP OF CERTAIN  BENEFICIAL  OWNERS AND  MANAGEMENT AND
RELATED STOCKHOLDER MATTERS

The  information  set  forth  in our  definitive  Proxy  Statement  pursuant  to
Regulation  14A of the Exchange Act to be filed with the Securities and Exchange
Commission is incorporated herein by reference in response to this Item 11.

ITEM 11.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

The  information  set  forth  in our  definitive  Proxy  Statement  pursuant  to
Regulation  14A of the Exchange Act to be filed with the Securities and Exchange
Commission is incorporated herein by reference in response to this Item 12.

ITEM 12.  PRINCIPAL ACCOUNTANT FEES AND SERVICES

The  information  set  forth  in our  definitive  Proxy  Statement  pursuant  to
Regulation  14A of the Exchange Act to be filed with the Securities and Exchange
Commission is incorporated herein by reference in response to this Item 14.





                                        8
<PAGE>



                                   SIGNATURES

              Pursuant  to  the  requirements  of  Section  13 or  15(d)  of the
Securities  Exchange Act of 1934,  the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

                      TRUE PRODUCT ID, INC. (FORMERLY ONTV, INC.)

                      /s/ Richard A. Bendis
                      ---------------------------------------------------------
                      Richard A. Bendis,
                      Chairman  and  Chief  Executive   Officer  and  Principal
                      Financial Officer


Date: October 9, 2006

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



/s/ Richard A. Bendis                                           October 9, 2006
------------------------------------------------------------
Richard A. Bendis,
Chairman and Chief Executive Officer and Principal Financial
Officer and Director


<PAGE>







                  TRUE PRODUCT ID, INC. ( FORMERLY ONTV, INC.)
                           ANNUAL REPORT ON FORM 10-K
                             ITEMS 8, 14(C) AND (D)
                FINANCIAL STATEMENTS, CERTAIN EXHIBITS & SCHEDULE













<PAGE>








           TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
                          (A DEVELOPMENT STAGE COMPANY)
                            (A DELAWARE CORPORATION)
                           PHILADELPHIA, PENNSYLVANIA

                  --------------------------------------------
                                FINANCIAL REPORTS
                                       AT
                                  JUNE 30, 2006
                  --------------------------------------------









<PAGE>



TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA


TABLE OF CONTENTS
--------------------------------------------------------------------------------

Report of Independent Registered Public Accounting Firm                    F-1

Consolidated Balance Sheets at June 30 2006 and 2005                       F-2

Consolidated Statements of Changes in Stockholders' Equity
for the Years Ended June 30, 2006 and 2005                                 F-3

Consolidated Statements of Operations for the Years Ended
June 30, 2006 and 2005                                                     F-4

Consolidated Statements of Cash Flows for the Years Ended
June 30, 2006 and 2005                                                     F-5

Notes to Consolidated Financial Statements                            F-7 - F-11











<PAGE>

<TABLE>

<CAPTION>


TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA

CONSOLIDATED BALANCE SHEETS
=========================================================================================================================

                                                                                      JUNE 30,              June 30,
                                                                                       2006                   2005
-------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                           <C>

ASSETS

CURRENT ASSETS
Cash and Cash Equivalents                                                               $      --             $  50,823
Inventory                                                                                      --               296,544
-------------------------------------------------------------------------------------------------------------------------

TOTAL CURRENT ASSETS                                                                           --               347,367

PROPERTY AND EQUIPMENT - NET OF ACCUMULATED DEPRECIATION                                       --                54,189



OTHER ASSETS
Accounts Receivable - Related Party                                                            --                37,850
Interest Receivable - Related Party                                                        12,938                    --
Note Receivable - Related Party                                                           300,000                    --
Deposits                                                                                       --                 6,667
Due from Officer                                                                               --                82,193
Intangible Assets - Net of Accumulated Amortization                                            --               260,542
Investments in Affiliates                                                                      --               107,561
Technology License - Net of Accumulated Amortization                                      581,458                    --
-------------------------------------------------------------------------------------------------------------------------

TOTAL ASSETS                                                                            $ 894,396             $ 896,369
=========================================================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
Accounts Payable and Accrued Expenses                                                   $ 538,821             $ 210,769
Debt - Due Within One Year                                                                     --                 6,321
-------------------------------------------------------------------------------------------------------------------------

TOTAL CURRENT LIABILITIES                                                                 538,821               217,090

OTHER LIABILITIES
Accrued Expenses - Related Party                                                          521,500               473,000
Due to Related Party                                                                      176,240                    --
-------------------------------------------------------------------------------------------------------------------------

TOTAL LIABILITIES                                                                       1,236,561               690,090
-------------------------------------------------------------------------------------------------------------------------

STOCKHOLDERS' EQUITY
Common Stock:  $.001 Par; 1,000,000,000 Shares Authorized;
               254,712,096 and 23,721,861 Shares Issued,
               respectively; and 254,712,096 and 23,594,361
               Shares Outstanding, respectively                                           230,990                23,722
Preferred Stock:  $.001 Par; 5,000,000 Shares Authorized;
                  0 and 20,000 Shares Issued and Outstanding,
                  Respectively                                                                 --                    20
Additional Paid-In Capital                                                              1,448,797             1,057,118
Accumulated Deficit                                                                    (2,020,452)             (855,372)
-------------------------------------------------------------------------------------------------------------------------
                                                                                        (340,665)               225,488
Less: Stock Held in Trust                                                                   1,500                 1,500
Treasury Stock: -0- and 127,500 Shares, respectively, at Cost                                  --                17,709
-------------------------------------------------------------------------------------------------------------------------

TOTAL STOCKHOLDERS' EQUITY (DEFICIT)                                                    (342,165)               206,279
-------------------------------------------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                              $ 894,396             $ 896,369
=========================================================================================================================
</TABLE>


The accompanying notes are an integral part of these financial statements.

                                      F - 2

<PAGE>

<TABLE>

<CAPTION>

TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
====================================================================================================================================
                                     Common Stock ($0.001 Par) Preferred Stock ($0.001 Par)
                                     ---------------------------------------------------------
                                                                                                 Additional
                                     Number of               Number of           Accumulated       Paid-In      Stock Held  Treasury
                                      Shares      Value       Shares    Value      Deficit         Capital       In Trust     Stock
====================================================================================================================================
<S>                                 <C>          <C>         <C>       <C>       <C>             <C>           <C>         <C>


BALANCE - JUNE 30, 2005             23,721,861   $ 23,721    20,000    $ 20.00   $  (855,372)   $ 1,057,079    $(1,500.00) $(17,709)

Transfer to Related Party in
   Connection With Sale of
   Subsidiaries                           --         --        --        --             --             --         --         17,709

Issuance of 52,349,249 Shares of
    Common Stock and 16,000 Shares
    of Preferred Stock for
    Acquisition
    of Technology License           52,349,249     52,349    16,000      16.00          --       546,562.00       --           --

2 for 1 Stock Split                 23,721,861       --        --        --             --             --         --           --

Additional Issuance of Common Stock
     to STC For Acquisition of
     Technology License and
     cancellation of preferred
     stock                         154,919,125    154,920   (36,000)    (36.00)         --         (154,844)      --           --

Net Income                                --         --        --        --       (1,165,080)          --         --           --
------------------------------------------------------------------------------------------------------------------------------------

BALANCE - JUNE 30, 2006            254,712,096   $230,990      --        --      $(2,020,452.00)$ 1,448,797    $(1,500.00)     --
====================================================================================================================================

</TABLE>

The accompanying notes are an integral part of these financial statements.

                                      F - 3


<PAGE>

<TABLE>

<CAPTION>


TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA

CONSOLIDATED STATEMENTS OF OPERATIONS
============================================================================================================================
                                                                        Year Ended                       Cumulative
                                                                         June 30,                     Since Inception
                                                            ----------------------------------------------------------------
                                                                                                      (October 1, 2005
                                                                       2006                2005       To June 30, 2006)
----------------------------------------------------------------------------------------------------------------------------
<S>                                                               <C>                 <C>                     <C>

REVENUES, NET OF RETURNS                                          $      --           $      --               $        --
----------------------------------------------------------------------------------------------------------------------------

EXPENSES
Amortization                                                          17,469                   --                  17,469
Payroll and Payroll Taxes                                             87,500              117,547                  87,500
Technology License Fee                                               187,500                                      187,500
Officer and Director Compensation                                    253,333                   --                 253,333
Other                                                                 97,988                   --                  97,988
----------------------------------------------------------------------------------------------------------------------------
TOTAL EXPENSES                                                       643,790              117,547                 643,790
============================================================================================================================

LOSS BEFORE OTHER INCOME AND PROVISION FOR
  INCOME TAXES                                                      (643,790)            (117,547)               (643,790)

OTHER INCOME
Interest Income - Related Party                                       12,938                   --                  12,938
----------------------------------------------------------------------------------------------------------------------------

LOSS BEFORE PROVISION FOR INCOME TAXES                              (630,852)            (117,547)               (630,852)

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

LOSS FROM OPERATIONS                                                (630,852)            (117,547)               (630,852)
----------------------------------------------------------------------------------------------------------------------------

DISCONTINUED OPERATIONS
Income (Loss) from Operations of Disposed
  Subsidiaries, Net of Taxes                                         (10,245)             277,000                 (10,245)
Loss from Disposal of Subsidiaries, Net of Taxes                    (523,983)                  --                (523,983)
----------------------------------------------------------------------------------------------------------------------------

INCOME (LOSS) FROM DISCONTINUED OPERATIONS                          (534,228)             277,000                (534,228)
----------------------------------------------------------------------------------------------------------------------------

NET INCOME (LOSS) FOR THE PERIOD                                  $(1,165,080)        $   159,453           $  (1,165,080)
============================================================================================================================

EARNINGS PER SHARE
============================================================================================================================

Weighted Average Number of Common Shares
  Outstanding - Basic and Diluted                                  61,109,375          23,593,819              72,450,857

Earnings Per Common Share
   - Basic and Diluted
      Loss from Operations                                        $     (0.01)       $      (0.01)           $      (0.01)
      Income (Loss) from Discontinued Operations                        (0.01)               0.01                   (0.01)
                                                               -------------------------------------------------------------
      Net Income (Loss)                                           $     (0.01)       $       0.00            $      (0.01)
============================================================================================================================

</TABLE>


The accompanying notes are an integral part of these financial statements.

                                      F - 4

<PAGE>

<TABLE>

<CAPTION>


TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA

CONSOLIDATED STATEMENTS OF CASH FLOWS
=================================================================================================================================
                                                                                                               Cumulative
                                                                                                             Since Inception
                                                                                                            (October 1, 2005
Year Ended June 30,                                                                2006            2005     To June 30, 2006)
---------------------------------------------------------------------------------------------------------------------------------
<S>                                                                         <C>                <C>          <C>

CASH FLOWS FROM OPERATING ACTIVITIES

NET INCOME (LOSS) FOR THE PERIOD                                            $(1,165,080)       $ 159,453        $ (1,165,080)

ADJUSTMENTS TO RECONCILE NET INCOME (LOSS) FOR
THE PERIOD TO NET CASH FLOWS FROM OPERATING ACTIVITIES:
Amortization                                                                     17,469          148,906              17,469
Depreciation                                                                         --           16,363                  --
Loss on Disposal of Subsidiaries                                                523,983             (823)            523,983
Loss from Operations of Disposed Subsidiaries                                    10,245          (72,565)             10,245

CHANGES IN ASSETS AND LIABILITIES:
Inventory                                                                            --          (59,973)                 --
Interest Receivable - Related Party                                             (12,938)         (81,995)            (12,938)
Accounts Payable and Accrued Expenses                                           538,821           30,000             538,821
Accrued Expenses - Related Party                                                 87,500          127,500              87,500
---------------------------------------------------------------------------------------------------------------------------------

NET CASH FLOWS FROM OPERATING ACTIVITIES                                             --          266,866                  --
---------------------------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM INVESTING ACTIVITIES
Cash and Cash Equivalents in Disposed Subsidiaries                              (50,823)             --              (50,823)
Capitalized Website Development Costs                                                --          (10,625)                 --
---------------------------------------------------------------------------------------------------------------------------------

NET CASH FLOWS FROM INVESTING ACTIVITIES                                        (50,823)         (10,625)            (50,823)
---------------------------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES
Advances from Line of Credit                                                         --            1,578                  --
Repayment of Debt                                                                    --         (240,000)                 --
---------------------------------------------------------------------------------------------------------------------------------

NET CASH FLOWS FROM FINANCING ACTIVITIES                                             --         (238,422)                 --
---------------------------------------------------------------------------------------------------------------------------------
NET CHANGE IN CASH AND CASH EQUIVALENTS                                         (50,823)          17,819             (50,823)

Cash and Cash Equivalents - Beginning Year                                       50,823           33,004              50,823
---------------------------------------------------------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS - END OF YEAR                                     $        --        $  50,823        $         --

                                                                                            - continued -

The accompanying notes are an integral part of these financial statements.

                                      F - 5


<PAGE>



TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA


CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED
=================================================================================================================================
                                                                                                                Cumulative
                                                                                                             Since Inception
                                                                                                             (October 1, 2005
Year Ended June 30,                                                                 2006           2005     To June 30, 2006
---------------------------------------------------------------------------------------------------------------------------------

SUPPLEMENTAL DISCLOSURES
=================================================================================================================================

Interest Paid                                                               $        --        $     1,883       $         --
Income Taxes Paid                                                           $        --        $       --        $         --
=================================================================================================================================


NON-CASH INVESTING AND FINANCING ACTIVITIES
=================================================================================================================================

SALE OF SUBSIDIARY VIA THE ISSUANCE OF NOTE RECEIVABLE                      $   300,000        $       --        $    300,000

ISSUANCE OF COMMON AND PREFERRED STOCK FOR ACQUISITION
  OF TECHNOLOGY LICENSE                                                     $   598,927        $       --        $    598,927

ISSUANCE OF PREFERRED STOCK FOR PARTIAL PAYMENT OF
  ACCRUED EXPENSES - RELATED PARTY                                          $        --        $     5,000       $         --

ISSUANCE OF COMMON STOCK FOR PARTIAL PAYMENT OF
  RENEGOTIATED NOTE PAYABLE                                                 $        --        $        40       $         --

REDUCTION OF COST OF DOMAIN NAME VIA                                        $        --        $ 2,063,708       $         --
RENEGOTIATED NOTE PAYABLE

FORGIVENESS OF DEBT - ACCOUNTS PAYABLE - RELATED PARTY                      $        --        $    69,300       $         --

FORGIVENESS OF DEBT - ACCOUNTS PAYABLE                                      $        --        $     3,265       $         --
                    AND ACCRUED EXPENSES

ASSETS AND LIABILITIES TRANSFERRED TO RELATED PARTY
  IN CONNECTION WITH SALE OF SUBSIDIARIES:
  Cash and Cash Equivalents                                                 $    50,823        $       --        $     50,823
  Inventory                                                                 $   296,544        $       --        $    296,544
  Property and Equipment                                                    $    54,189        $       --        $     54,189
  Accounts Receivable - Related Party                                       $    37,850        $       --        $     37,850
  Deposits                                                                  $     6,667        $       --        $      6,667
  Due from Officer                                                          $    82,193        $       --        $     82,193
  Intangible Assets                                                         $   260,542        $       --        $    260,542
  Investments in Affiliates                                                 $   107,561        $       --        $    107,561
  Accounts Payable and Accrued Expenses                                     $  (210,769)       $       --        $   (210,769)
  Debt                                                                      $    (6,321)       $       --        $     (6,321)
  Due to Related Party                                                      $   137,240        $       --        $    137,240
  Treasury Stock                                                            $    17,709        $       --        $     17,709
=================================================================================================================================
</TABLE>

The accompanying notes are an integral part of these financial statements.

                                      F - 6

<PAGE>


TRUE PRODUCT ID, INC. & SUBSIDIARIES (FORMERLY ONTV, INC.)
(A DEVELOPMENT STAGE COMPANY)
(A DELAWARE CORPORATION)
PHILADELPHIA, PENNSYLVANIA


NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
================================================================================

NOTE A -   BASIS OF PRESENTATION

           The  consolidated  financial  statements  of True  Product ID, Inc. &
           Subsidiaries  (formerly ONTV,  Inc.) (the "Company")  included herein
           have  been  prepared  by  the  Company,  pursuant  to the  rules  and
           regulations of the Securities and Exchange Commission (the "SEC").

           The  accompanying   consolidated  financial  statements  reflect  all
           adjustments  of a normal  and  recurring  nature  which  are,  in the
           opinion of  management,  necessary  to present  fairly the  financial
           position, results of operations and cash flows of the Company for the
           periods presented.

           NATURE OF OPERATIONS

           On May 4th 2006,  the Articles of  Incorporation  of ONTV,  Inc. were
           amended to change the name of the  Corporation  to True  Product  ID,
           Inc.  (formerly ONTV,  Inc.).  True Product ID, Inc.  (formerly ONTV,
           Inc.) is an independently operated company which produces integrators
           for  anti-counterfeiting   security  surveillance   applications  and
           provides   integrated   tracking  devices  and  services  across  all
           industries. The Company delivers "cradle to grave" tailored solutions
           for governments,  armed forces, and industry, through its proprietary
           technology and through converging technologies, products and services
           of third parties.

           NEW ACCOUNTING PRONOUNCEMENTS

           In June 2005,  the FASB EITF  reached a  consensus  on EITF Issue No.
           05-6 "Determining the Amortization Period for Leasehold  Improvements
           Purchased   or  Acquired   after  Lease   Inception   in  a  Business
           Combination."  This EITF issue provides  guidance on the amortization
           period for leasehold  improvements acquired in a business combination
           and the amortization period of leasehold improvements that are placed
           in service  significantly after and not contemplated at the beginning
           of the  lease  term.  The  guidance  contained  in EITF No.  05-6 was
           effective for periods  beginning after June 29, 2005. The adoption of
           EITF No. 05-6 did not have a material effect on the Company's results
           of operations, cash flows, or financial condition.

           In May  2005,  the FASB  issued  Statement  of  Financial  Accounting
           Standards ("SFAS") No. 154, Accounting Changes and Error Corrections.
           SFAS No. 154 replaces APB No. 20, Accounting Changes, and SFAS No. 3,
           Reporting  Accounting  Changes in Interim Financial  Statements,  and
           establishes  retrospective  application  as the  required  method for
           reporting a change in  accounting  principle.  SFAS No. 154  provides
           guidance  for  determining  whether  retrospective  application  of a
           change in accounting  principle is impracticable  and for reporting a
           change when retrospective application is impracticable. The reporting
           of a correction of an error by restating  previously issued financial
           statements  is  also  addressed.   SFAS  No.  154  is  effective  for
           accounting  changes and  corrections  of errors made in fiscal  years
           beginning  after December 15, 2005. The adoption of SFAS No. 154 will
           have a material effect on the Company's  results of operations,  cash
           flows, or financial condition.

           In  December  2004,  the FASB  issued  SFAS No.  153,  "Exchanges  of
           Non-monetary  Assets - an amendment of APB Opinion No. 29".  SFAS No.
           153  eliminates  the  exception  from  fair  value   measurement  for
           non-monetary  exchanges of similar productive assets, and replaces it
           with  an  exception  for  exchanges  that  do  not  have   commercial
           substance.   SFAS  No.  153  was  effective  for  non-monetary  asset
           exchanges  occurring in fiscal periods beginning after June 15, 2005.


                                     F - 7
<PAGE>

           The  adoption  of SFAS No. 153 did not have a material  effect on the
           Company's results of operations, cash flows, or financial condition.

           In  December   2004,  the  FASB  issued  Staff  Position  No.  109-1,
           "Application of FASB Statement No. 109,  Accounting for Income Taxes,
           to the Tax Deduction on Qualified  Production  Activities Provided by
           the American Jobs Creation Act of 2004." FSP 109-1 clarifies that the
           manufacturer's   deduction  provided  for  under  the  American  Jobs
           Creation Act of 2004 should be accounted  for as a special  deduction
           in accordance with SFAS No. 109 and not as a tax rate reduction.  The
           adoption  of FSP No.  109-1  did not have a  material  effect  on the
           Company's results of operations, cash flows, or financial condition.

           In November 2004, the FASB issued SFAS No. 151, "Inventory Costs - an
           amendment  of ARB No. 43,  Chapter  4." SFAS No. 151 amends  previous
           accounting guidance regarding allocation of fixed production costs to
           inventory and the recognition of overheads and other  expenses.  SFAS
           No. 151 was effective for fiscal years beginning after June 15, 2005.
           The  adoption  of SFAS No. 151 did not have a material  effect on the
           Company's results of operations, cash flows, or financial condition.



NOTE B -  SIGNIFICANT ACCOUNTING POLICIES

           USE OF ESTIMATES:

          The preparation of financial  statements in conformity with accounting
          principles generally accepted in the United States of America requires
          the Company to make estimates and assumptions that affect the reported
          amounts of assets and liabilities, the disclosed amounts of contingent
          assets and  liabilities,  and the  reported  amounts  of  revenue  and
          expenses.  If the underlying  estimates and assumptions upon which the
          financial  statements  are based change in the future,  actual amounts
          may  differ  from  those  included  in the  accompanying  consolidated
          financial statements.

          PRINCIPLES OF CONSOLIDATION:

          The  accompanying   consolidated   financial  statements  include  the
          accounts of the Corporation  and its  wholly-owned  subsidiaries.  All
          material   intercompany   transactions   have   been   eliminated   in
          consolidation.

          CASH AND CASH EQUIVALENTS:

          Cash and cash  equivalents  consist  principally  of currency on hand,
          demand  deposits at  commercial  banks,  and liquid  investment  funds
          having a maturity of three months or less at the time of purchase.

          INCOME TAXES:

        The Company  accounts for income taxes in accordance  with SFAS No. 109,
        Accounting  for Income Taxes,  using the asset and  liability  approach,
        which requires  recognition of deferred tax  liabilities  and assets for
        the expected future tax  consequences of temporary  differences  between
        the carrying  amounts and the tax basis of such assets and  liabilities.
        This method utilizes enacted  statutory tax rates in effect for the year
        in which the  temporary  differences  are  expected to reverse and gives
        immediate effect to changes in income tax rates upon enactment. Deferred
        tax assets are recognized, net of any valuation allowance, for temporary
        differences  and net  operating  loss  and tax  credit  carry  forwards.
        Deferred income tax expense represents the change in net deferred assets
        and liability  balances.  There were no material  deferred tax assets or
        liabilities at June 30, 2006 and 2005.

        Deferred  income taxes  result from  temporary  differences  between the
        basis of assets and liabilities  recognized for differences  between the
        financial  statement and tax basis thereon,  and for the expected future
        tax  benefits  to be derived  from net  operating  losses and tax credit
        carry  forwards.  A  valuation  allowance  is  recorded  to reflect  the
        likelihood of realization of deferred tax assets.


                                     F - 8
<PAGE>



NOTE C - DISCONTINUED OPERATIONS

           In September 2005, the  stockholders of the Company approved the sale
           of the Seen OnTV,  Inc.  subsidiary,  along with all of the Company's
           assets  associated  with the  operations  of Seen OnTV,  Inc.,  which
           included all of the other wholly-owned subsidiaries, to the Company's
           Former President,  Daniel M. Fasano. In return, Mr. Fasano has agreed
           to pay  the  Company  $300,000,  through  a Note  Receivable  bearing
           interest at 5.75% annually,  and assume  responsibility of all of the
           Company's liabilities, including all potential outstanding litigation
           liabilities,  except for any amounts  owed to Mr.  Fasano for accrued
           and unpaid  compensation and amounts owed to Seen OnTV, Inc. by ONTV,
           Inc.  In  addition,  25%  of  the  net,  after-tax  income  from  the
           operations  of Seen OnTV,  Inc will be paid to ONTV,  Inc.  until the
           purchase price, plus accrued  interest,  is paid in full. As a result
           of this sale,  ONTV, Inc. had no  subsidiaries or revenue  generating
           operations.



NOTE D -   CHANGE IN CONTROL

           On  March  16,  2006,  the  Company  acquired  a  Technology  License
           ("License")  from Sure  Trace  Security  Corporation  ("STC")  for an
           initial  term  of  five  years,  with  an  automatic  renewal  for an
           additional  five years.  The License grants the Company the worldwide
           rights   to    manufacture    and   sell    products    using   STC's
           "anti-counterfeiting  technology".  In exchange for this License, the
           Company issued 52,349,249 shares of common stock and 16,000 shares of
           preferred  stock,  valued in total at  $598,927.  The License will be
           amortized as a charge to  operations on a  straight-line  method over
           the ten year term of the License.

           Estimated annual  amortization  expense for the five years succeeding
           March 31, 2006 is as follows:

                        2007        2008        2009          2010          2011
           ---------------------------------------------------------------------
                     $59,893     $59,892     $59,893       $59,893       $59,893
           =====================================================================

           On March 21, 2006,  Daniel M. Fasano,  Former President and Director,
           sold 20,000  shares of the Series A  Preferred  Stock owned and under
           his control, to STC, a related party.

           As a result  of the  above  transactions,  there has been a change in
           control of the Company,  as STC now owns and/or controls 78.8% of the
           outstanding common stock voting rights.

           An additional  154,919,125 shares were issued for the purchase of the
           technology license.

           The outstanding preferred shares were cancelled.

           On May 25th STC  dividended 1 share of True  Product ID, Inc.  (TPDI)
           (formerly ONTV, Inc.) for every 19 shares of STC (SSTY) that each STC
           stockholder owned.


NOTE E -   EMPLOYMENT AGREEMENTS

           In March  2006,  the Company  entered  into an  Executive  Employment
           Agreement with Richard A. Bendis ("Bendis"),  where Bendis will serve
           as the Company's  President and Chief  Executive  Officer for a three
           year term, with annual compensation of $500,000. At June 30, 2006 Mr.
           Bendis is owed $145,833  representing all compensation  earned by him
           since  he  joined  the  Company.  Additionally,  accrued  liabilities
           includes  $31,057  representing  unreimbursed  employee  expenditures
           primarily for travel.

           In March  2006,  the  Company  entered  into an  Director  Employment
           Agreement  with James MacKay  ("MacKay"),  where MacKay will serve as
           the  Company's  Chairman of the Board of  Directors  for a three year
           term,  with annual  compensation  of  $300,000.  At June 30, 2006 Mr.
           MacKay is owed $87,500  representing all  compensation  earned by him
           since he joined the Company.


                                     F - 9
<PAGE>

<TABLE>


NOTE F -   EQUITY MATTERS

           On May 4, 2006, the Company amended the articles of  incorporation to
           change the name of the Corporation to True Product ID, Inc. (formerly
           ONTV, Inc.).

           On  May  4,  2006,   the  Company   also   amended  the  articles  of
           incorporation to increase the authorized  shares of common stock from
           100,000,000  to  1,000,000,000,   of  which  800,000,000  shares  are
           designated as Class A and 200,000,000  shares are designated as Class
           B.

           On May 8, 2006, the Company declared a 2 for 1 forward stock split of
           the Company's common stock, to be effective on May 23, 2006.



NOTE G -   TECHNOLOGY LICENSE

           During the year ended June 30, 2006 the Company incurred  $187,500 of
           expense  for a  technology  license  from STC (See Note D for further
           details).  Effective  4/15/06 the license  requires  that $75,000 per
           month be paid for a period of five years. At June 30, 2006 the entire
           amount of the  expense  remains  unpaid and it  included  in accounts
           payable and accrued expenses.



NOTE H -   INCOME TAXES

           During  the year  ended  June 30,  2006 the  Company  had a change of
           control event,  which  prospectively  limits the use of net operating
           loss  carryforwards  generated  prior to the March 16, 2006 change in
           control (See Note D). At June 30, 2006, the Company had net operating
           loss  carryforwards  expiring  in 2026.  At June 30, 2006 a valuation
           allowance  equal  to the net  operating  loss  carryforward  has been
           provided to fully  reserve the  deferred  tax assets which would have
           been  generated by the net operating  loss  carryforwards  as, in the
           assessment  of the Company's  management,  it is more likely than not
           that the net operating loss carryforwards will not be realized.



NOTE I -   EARNINGS PER SHARE

           The following  table sets forth the  computation of basic and diluted
           earnings per share:

                                                                         FOR THE YEARS ENDED JUNE 30,
                                                                           2006                2005
                                                                      --------------------------------
<S>                                                                 <C>                 <C>

             NUMERATOR:


             Loss from Operations                                   $    (630,852)      $     (117,547)

             Income (Loss) from Discontinued Operations                  (534,228)             277,000
                                                                    ---------------     --------------
             Net Income (Loss)                                      $  (1,165,080)      $      159,453
                                                                    =============       ==============

             DENOMINATOR:

             Denominator for basic earnings per share--adjusted
             weighted-average shares                                   61,109,375           23,593,819
                                                                    =============       ==============

             Denominator for diluted earnings per share--adjusted
             weighted-average shares                                   61,109,375           23,593,819
                                                                    =============       ==============


                                     F - 10
<PAGE>


             BASIC AND DILUTED EARNINGS PER SHARE:

             FROM OPERATIONS                                        $       (0.01)      $        (0.01)
                                                                    =============       ==============
             FROM DISCONTINUED OPERATIONS                           $       (0.01)      $         0.01
                                                                    =============       ==============
             NET INCOME (LOSS)                                      $       (0.01)      $         0.00
                                                                    =============       ==============

</TABLE>

           The   average   number  of  common   shares   outstanding   had  been
           retroactively  adjusted  to reflect  the 2 for 1 forward  stock split
           effective May 23, 2006. (See Note F).



   NOTE J - RELATED PARTY TRANSACTIONS

           The accrued  expense of $521,500 is for salary that is owed to former
           ONTV, Inc. President Dan Fassano.

           The related  party  expense of $176,240 is for money that was owed to
           former subsidiary "Seen On TV"



    NOTE K - SUBSEQUENT EVENT

           In September  2006, the Corporation  negotiated as short-term  rental
           agreement for office space in Philadelphia,  PA for approximately 300
           square feet at $600 per month.














                                     F - 11

<PAGE>




ITEM 13. EXHIBITS:
                                                                           PAGES
                                                                   OF SEQUENTIAL
                                  EXHIBIT INDEX                 NUMBERING SYSTEM
                                  -------------                 ----------------





<PAGE>



                                                                    EXHIBIT 31.1

                      CERTIFICATION PURSUANT TO SECTION 302
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Richard A. Bendis, certify that:

1.   I have  reviewed this Annual Report on Form 10-KSB of True Product ID, Inc.
     (formerly ONTV, Inc.) (the "Issuer");

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

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

4.   I am responsible for establishing and maintaining  disclosure  controls and
     procedures  (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) for
     the Issuer and have:

     (a)  Designed  such  disclosure  controls  and  procedures,  or caused such
     disclosure controls and procedures to be designed under my supervision,  to
     ensure that  material  information  relating to the Issuer,  including  its
     consolidated  subsidiaries,  is made  known to me by  others  within  those
     entities,  particularly  during the  period in which  this  report is being
     prepared;

     (b) Evaluated the  effectiveness  of the Issuer's  disclosure  controls and
     procedures  and  presented  in  this  report  my   conclusions   about  the
     effectiveness of the disclosure  controls and procedures,  as of the end of
     the period covered by this report based on such evaluation; and

     (c)  Disclosed in this report any change in the Issuer's  internal  control
     over  financial  reporting  that  occurred  during the Issuer's most recent
     fiscal quarter (the Issuer's fourth fiscal quarter in the case of an annual
     report) that has materially affected, or is reasonably likely to materially
     affect, the Issuer's internal control over financial reporting; and

5.   I have disclosed,  based on my most recent  evaluation of internal  control
     over financial reporting,  to the Issuer's auditors and the audit committee
     of the Issuer's  board of directors (or persons  performing  the equivalent
     functions):

     (a) All significant  deficiencies and material  weaknesses in the design or
     operation of internal control over financial reporting which are reasonably
     likely to  adversely  affect  the  Issuer's  ability  to  record,  process,
     summarize and report financial information; and

     (b) Any fraud,  whether or not material,  that involves management or other
     employees who have a significant role in the Issuer's internal control over
     financial reporting.


By:  /s/ Richard A. Bendis
     ------------------------------------
     Richard A. Bendis
     Chief Executive Officer and
     Principal Financial Officer

Dated: October 9, 2006


<PAGE>






                                                                    Exhibit 32.1


                  CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND
                             CHIEF FINANCIAL OFFICER
                       PURSUANT TO 18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                        SECTION 906 OF SARBANES-OXLEY ACT

I,  Richard  A.  Bendis,  certify,  pursuant  to 18 U.S.C.  ss.1350,  as adopted
pursuant to ss.906 of the  Sarbanes-Oxley ACT of 2002, that the Annual Report of
True Product ID, Inc.  (formerly ONTV,  Inc.) on Form 10-KSB for the fiscal year
ended June 30, 2006 fully  complies  with the  requirements  of Section 13(a) or
15(d)  of the  Securities  Exchange  Act of  1934,  as  amended,  and  that  the
information  contained in such Annual Report on Form 10-KSB fairly presents,  in
all material respects, the financial condition and results of operations of True
Product, Inc. (formerly ONTV, Inc.).


By:  /s/ Richard A. Bendis
     ------------------------------------
     Richard A. Bendis
     Chief Executive Officer and
     Principal Financial Officer

Dated: October 9, 2006