UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                  FORM 10-KSB/A
                                (Amendment No. 1)


        x Annual Report pursuant to Section 13 or 15(D) of the Securities
                              Exchange Act of 1934
                                 (Fee required)
                   For the fiscal year ended December 31, 2005
                                       Or
       Transition Report pursuant to Section 13 or 15(D) of the Securities
                              Exchange Act of 1934
                                (No Fee Required)
                        Commission File Number: 000-51227

                            CAL ALTA AUTO GLASS, INC.
                 (Name of small business issuer in its charter)

            NEVADA                                                 88-0448809
  (States of other jurisdiction                         (I.R.S. Employer
 of incorporation or organization)                       Identification No.)

          # 8 3927 Edmonton Trail N.E., Calgary, Alberta Canada T2E6T1
               (Address of principal executive offices) (Zip Code)

                     Issuers telephone number (403) 291-7020

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

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports)  and  (2)  has  been  subject  to such  filing
requirements for the past 90 days.

                                    x YES NO
Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K (229.405 of this chapter) is not contained  herein,  and will
not be contained,  to the best of the registrants 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 YES NO

At March 26, 2006, the aggregate market value of the voting stock held by non
affiliates is undeterminable and is considered to be $ 0.


Indicate the number of shares outstanding of each of the registrants classes of
common stock, as of the latest practicable date.

<PAGE>

Common Stock                                      10,595,000 Shares Outstanding
$0.001 par value                                      as of December 31, 2005

Documents Incorporated by reference

Certain information required by Part III of this Form 10-KSB is included by
reference to the Company's definitive proxy statement filed in accordance with
rule 14a-101, Schedule 14A.

Traditional Small Business Disclosure Format (check one):    X      Yes     No

The issuers revenues for its most recent year were $822,854.























                                       ii

<PAGE>




















                            CAL ALTA AUTO GLASS, INC.
                                TABLE OF CONTENTS


                                      PART I                             Page

Item 1.          Description of Business                                 2-4
Item 2.          Description of Property                                 5
Item 3.          Legal Proceedings                                       5
Item 4.          Submission of Matter to a Vote of Security Holders      5


                         PART II

Item 5.          Market for Common Equity and Related Stockholder Matters  5-7
Item 6.          Managements Discussion and Analysis or Plan of Operation  1-10
Item 7.          Financial Statements                                      11-23
Item 8.          Changes in and Disagreements with Accountants on
                     Accounting and Financial Disclosure                   24
Item 8a.        Controls and Procedures

                        PART III

Item 9.          Directors, Executive Officers, Promoters and Control persons;
                     Compliance with Section 16(a) of the Exchange Act     24-26
Item 10.         Executive Compensation                                    26
Item 11.        Security Ownership of Certain Beneficial Owners and
                     Management                                            26-27
Item 12.        Certain Relationships and Related Transactions             27-28
Item 13.        Exhibits and Reports on Form 8-K                           28
Item 14.        Accountants


SIGNATURES                                                                 S-1







                                        1
<PAGE>

ITEM     1.       Description of Business

Cal Alta Auto Glass, Inc., (the Company) formerly International Sports Marketing
Group,  Inc., was  incorporated  October 14, 1999. It had been  incorporated  to
originally  market a specialized  piece of sporting  equipment named the "sports
stick". However due to insufficient funding this was not possible.

Cal Alta Auto Glass, Ltd., of Canada was incorporated October 9, 1986, under the
laws of Alberta,  Canada B.C., to operate businesses in the auto glass industry.
In late 1997,  Cal Alta Auto Glass  divested of all of its auto glass  operating
assets to Pro Glass Technologies,  Inc., a Calgary,  Alberta Company with common
ownership.

     Pro Glass Technologies traded as a public entity starting in the fourth
quarter of 2001. However, due to market conditions at the time, the Company was
not able to implement its full business model, which called for an auto glass
distribution arm and an auto glass warranty operation. Therefore management
decided it would be in the best interest of the shareholders to make the auto
glass operation of Pro Glass Technologies, Inc., private again, while merging
the parent company with another entity that could provide value to its
shareholders.

     Therefore, on September 10, 2002, Pro Glass Technologies, Inc. entered into
an Agreement and Plan of Reorganization by and between Pro Glass Technologies,
Inc., and MicroSignal Corporation, a Pennsylvania corporation, whereby Pro Glass
Technologies, Inc., acquired all issued and outstanding shares of MicroSignal in
exchange for the issuance of 17,051,344 shares of Pro Glass Technologies, Inc.
As part of the transaction, Pro Glass Technologies, Inc., filed Articles of
Merger changing its name to "MicroSignal Corporation". Also, as part of the
merger Pro Glass Technologies, Inc., agreed, as part of the Reorganization
Agreement, to sell back to its President, Frank Aiello, the Company's current
auto glass operations. The Agreement of Purchase and Sale of Assets provides for
Mr. Aiello to purchase the auto glass business in exchange for the return of a
maximum of 150,000 shares of MicroSignal's common stock which was owned by Mr.
Aiello. Pro Glass Technologies, Inc. entered into this Agreement to sell the
auto glass operation to Mr. Aiello, because management of the newly organized
entity will be devoting all its time and energy into developing the MicroSignal
business. The newly reorganized entity will no longer have the personnel or
expertise required to operate the auto glass business. Mr. Aiello, upon
completion of the repurchase of the auto glass assets immediately transferred
the assets and liabilities of the auto glass operations directly into Cal Alta
Auto Glass, Ltd., a family owned Calgary, Alberta Corporation where they have
been operating since.


   The assets acquired in the transaction were cash of $ 8,101, accounts
receivable of $86,604, inventory of $9,598, provision for future rebates $10,997
deposits & prepaid expenses of $6,084, investments in other companies of $6,000
and automotive & shop equipment $34,961.

  The liabilities acquired in the transaction were accounts payable $219,080 and
long-term debt $15,160. Liabilities exceed assets by $71,895, which would
account for the purchase price paid by Cal Alta Auto Glass, Ltd., using the
historical costs of the items acquired.

    On November 25, 2003 the Cal Alta Auto Glass, Ltd., entered into a reverse
merger pursuant to Rule 368 (a)(1)(B) of the Internal Revenue Code of 1986
 as amended.  Whereas, International Sports Marketing Group, Inc. acquired 100%
 of the common stock of Cal Alta Auto Glass, Ltd., a Canadian corporation, for
8,500,000 shares of authorized but un-issued common stock.  International Sports
Marketing Group, Inc. changed its name to Cal Alta Auto Glass, Inc.  Cal Alta
 Auto Glass, ltd. (Canadian Co.), is the predecessor due
to a reverse merger.  Cal Alta Auto Glass, Inc., is a holding company.

     Due to the reverse merger, Cal Alta Auto Glass, Ltd., became a subsidiary
company of Cal Alta Auto Glass, Inc. The underlying reason for the merger was
the belief that company gain "public" status in the US, in order to obtain the
ability to conduct secondary financing to implement the full business plan of
Cal Alta Auto Glass, Inc.

     Cal Alta Auto Glass, Ltd., sells and installs auto glass products through
two Calgary based outlets. Cal Alta Auto Glass, Ltd., replaces and repairs
windshields of all domestic and foreign vehicles and to a lesser degree, other
types of auto glass. Additionally, flat glass or non-auto related applications,
such as furniture, mirrors, greenhouses, etc.

     The Company is not dependent on one or a few major clients or referrers.

     The operating subsidiary Cal Alta Auto Glass, Ltd., a Canadian corporation,
will comply with Canadian and Alberta regulations. Cal Alta Auto Glass, Inc. of
Nevada will be the consolidated parent holding company of the Canadian
subsidiary and will comply with US regulations. If Cal Alta Auto Glass, Inc.

                                       2
<PAGE>


begins operations of glass shops in the US, the glass shops will operate in
accordance with the appropriate US laws as a subsidiary of Cal Alta Auto Glass,
Inc.

     Cal Alta Auto Glass, Ltd., operates from two Calgary, Alberta locations.
 Approximately 40% of annual sales are paid by customers' auto insurance
policies with the balance being non- insurance related transactions.


     It should be noted that that Cal Alta Auto Glass, Ltd, purchases
approximately 45% of its glass and supplies from Westcan Autoglass, a company
majority owned by Mr. Frank Aiello, the Company's President. Mr. Aiello
currently does not run any auto glass shops of his own.


Reports to Shareholders

      Cal Alta Auto Glass, Inc. is a reporting company as defined by the
Securities Exchange Act. The Company's registration statement became effective
on or about May 27, 2005. Therefore, the Company is subject to the information
and reporting requirements of that act and we will file periodic reports, proxy
statements and other information with the Securities and Exchange Commission.
Following completion of this registration statement, we will furnish our
shareholders with annual reports at their request, containing audited financial
information for each fiscal year and will file quarterly reports for the first
three quarters of each fiscal year containing un-audited summary financial
information with the Securities and Exchange Commission. Our fiscal year ends on
December 31.

Subsidiary

     Cal Alta Auto Glass, Ltd., 100% owned: operates two current locations. A
2,500  square  foot shop is  located  at Bay #8,  3297 Edmonton  Trail NW.,
 Calgary,  Alberta  T2E6T1, has been open since 1986. Also, a 5,000 square
foot shop is located at 9827 A Horton Road, SW Calgary, Alberta T2V2X5 has
been open since 1991. Cal Alta Auto Glass, Ltd., markets, installs, replaces,
and repairs windshields for all types of automobiles.  The Company also deals
with other types of auto glass and flat glass for non-auto related
applications.

Probable Governmental Regulations on the Business

     The Company does not need any government approval for its principal
products or services. Furthermore, the Company is not aware of any existing or
probable governmental regulations that will have an affect on its operations.

Market

     Annual sales for the auto glass market in 2004, in the US is $2,801,000,000
according to zapdata.com. It has been estimated that the market for auto glass
in Canada is about ten percent of the US market.

     According to the National Glass Association windshield repairs should be
very good or even at a record pace this year. Also according to the National
Glass Association, windshield replacement will be flat in the upcoming year. In
the opinion of management Cal Alta Auto Glass should follow the trend of
increased sales from replacing windshields, while a flat year for providing
windshield repairs.

Marketing

     Cal Alta Auto Glass Technologies, Inc., targets its clients traditionally
through print media. The standard methods of advertising include direct mail
flyers and the yellow pages. Currently, the decisions pertaining to where, and
how the Company spends on advertising is performed by Frank Aiello, the
Company's President.

                                       3
<PAGE>


Competition

     Management considers industry statistics to be consistent when comparing
the US and Canada. Even though the US market is bigger it is the experience of
management that the trends experienced by the auto glass industry in both
countries to be parallel. According to zapdata.com, the US market of auto glass
installation shops is dominated by shops with less than 10 employees. Cal Alta
Auto Glass, Inc. falls in this category and we consider this segment to be our
competition. In excess of 85% of the auto glass operations are ma/pa type, with
less than 10 employees. For our purposes Ma/pa type is also defined as auto
glass operations that operate 5 or less shops and are not affiliated with larger
chains. The industry has not changed significantly in applications and service
over the last 25 years with the installation of auto glass techniques remaining
the same.

     The Company has heavy competition in the Calgary, Alberta area. In the
metropolitan Calgary area it is estimated that there are approximately 109 auto
glass shops. The main Calgary competition is Crystal Glass, with 7 shops, Speedy
Glass, with 5 shops, and Apple Glass, with 3 shops. The rest of the market is
segregated into Company's owning only 1 or 2 shops in the greater Calgary,
Alberta area.

     Management believes the Company has a good competitive position in the
Calgary area. This is mostly due to the fact the Company has an exclusive right
to be the only auto glass company in the direct mailers, that reach customers in
the greater Calgary, Alberta area.

Research and Development

     The Company has not allocated funds for conducting research and
development.

Raw Materials

     The Company does not use any raw materials. All of the products the Company
sells are manufactured by others.

Patents, Trademarks, Licenses, Franchises, Concessions, Royalty Agreements or
Labor Contracts

     The Company does not have any Patents, Trademarks, Licenses, Franchises,
Concessions, Royalty Agreements or Labor Contracts.

Employees

     Presently, the Company has 8 employees. This consists of 6 full time and 2
part time employees. All the employees spend 100% of their time working for Cal
Alta Auto Glass, Ltd. Management intends to hire additional employees in the
United States and Canada only as needed and as funds are available. In such
cases, compensation to management and employees will be consistent with
prevailing wages for services rendered.



Cautionary Statement

     This Registration Statement contains certain forward-looking statements.
The Company wishes to advise readers that actual results may differ
substantially from such forward-looking statements. Forward-looking statements
involve risks and uncertainties that could cause actual results to differ
materially from those expressed in or implied by the statements, including, but
not limited to, the following: the ability of the Company to meet its cash and
working capital needs, the ability of the Company to successfully market its
product.

                                       4
<PAGE>

Item 2.  Description of Property

     The Company has a resident agent office at 6565 Spencer Street, Las Vegas,
NV 89119, Las Vegas, Nevada.

     A 2,500 square foot shop is located at Bay #8, 3297 Edmonton Trail NE,
Calgary, Alberta, T2E6T1 and is rented at approximately $1,700 (US) per month
from an unrelated party on a five year lease that expires in May of 2007. A
5,000 square foot shop located at 9827 A Horton Road, SW Calgary, Alberta T2V2X5
and is rented at approximately $2,665 (US) per month from an unrelated party on
a five year lease that expires in December of 2006.

    In the opinion of management, the above rented shops are in excellent
rental condition and adequately insured

Item 3.  Legal Proceedings

       The Company is not a party to any material pending legal proceedings and
no such action by, or to the best of its knowledge, against the Company has been
threatened.


Item 4.  Submission of Matters to Vote of Security Holders

         There were no matters voted on this year by the shareholders.

                                     Part II

Item 5.  Market for Registrants Common Equity and Related Matters

     The Company's shares have never traded, and there exists no public trading
market for the shares. The Company has approximately thirty-one (31)
shareholders, including officers, directors, and control persons, The Company
has never paid a dividend, nor does it intent to do so in the foreseeable
future. There are no restrictions on the power of the Board of Directors to
declare and pay dividends.

     No securities are currently being offered for sale, nor are there
outstanding any options, rights, warrants to purchase, or securities convertible
into, the common equity of the Registrant.

     The ability of an individual shareholder to trade their shares in a
particular state may be subject to various rules and regulations of that state.
A number of states require that an issuers securities be registered in their
state or appropriately exempted from registration before the securities are
permitted to trade in that state. Presently, the Company has no plans to
register its securities in any particular state. Further, most likely the
Company's shares will be subject to the provisions of Section 15(g) and Rule
15g-9 of the Securities Exchange Act of 1934, as amended (the Exchange Act),
commonly referred to as the penny stock rule. Section 15(g) sets forth certain
requirements for transactions in penny stocks and rule 15g-9(d)(1) incorporates
the definition of penny stock as that used in Rule 3a51-1 of the d that used in
Rule 3a51-1 of the Exchange Act.

     The Securities and Exchange Commission (the commission) generally defines
penny stock to be any equity security that has a market price less than $5.00
per share, subject to certain exception. Rule 3a51-1 provides that any equity
security is considered to be a penny stock unless that security is: registered
and traded on a national securities exchange meeting specified criteria set by
the Commission; authorized for quotation on the NASDAQ stock Market; issued by a
registered investment company; excluded from the definition on the basis of
price (at least $5.00 per share) or the issuers net tangible assets; or exempted
from the definition by the Commission. If the Company's shares are deemed to be
a penny stock, trading in the shares will be subject to additional sales
practice requirements on broker-dealers who sell penny stocks to persons other
than established customers and accredited investors, generally persons with
assets in excess of $1,000,000 or annual income exceeding $200,000, or $300,000
together with their spouse.

     For transactions covered by these rules, broker-dealers must make a special
suitability determination for the purchase of such security and must have
received the purchasers written consent to the

                                       5
<PAGE>

transaction prior to the
purchase. Additionally, for any transaction involving a penny stock, unless
exempt, the rules require the delivery, prior to the first transaction, of a
risk disclosure document relating to the penny stock market. A broker-dealer
also must disclose the commissions payable to both the broker-dealer and the
registered representative, and current quotations for the securities. Finally,
monthly statements must be sent disclosing recent price information for the
penny stocks held in the account and information on the limited market in penny
stocks. Consequently, these rules may restrict the ability of broker-dealers to
trade and/or maintain a market in the Company's Common Stock and may affect the
ability of shareholders to sell their shares.

     As of December 31, 2005, there were approximately 31 holders respectfully
of record of the Company's Common Stock. Because the Company does not presently
trade, no trading history is presented herein.

    Recent Sales of Unregistered Securities

In accordance with Item 701 of Regulation SB the Company considers recent sales
of securities to be transactions, which have occurred in the last three years.

    In November 2003, 8,500,000 shares of common stock of International Sports
Marketing Group, Inc., (the former name of the Company, in conjunction with the
merger on November 25, 2003, it was agreed that the Company would change its
name to Cal Alta Auto Glass, Inc.) were issued for the re-capitalization in
exchange for all the issued and outstanding shares of Cal Alta Auto Glass, Ltd.,
of Canada. The shares were issued as follows, Frank Aiello 7,000,000, Denise
Aiello 1,000,000, Mason Graf 250,000 and Jessie Graf 250,000. These certificates
bear a restrictive 144 legend.

     As of December 31, 2005, the Company has a total of 10,595,00 shares of
common stock outstanding.

Description of Securities

The Company is authorized to issue 25,000,000 shares of Common Stock, par value
$.001 per share, of which 10,595,000 shares were issued and outstanding as of
December 31, 2004 and 2005 respectively.

     All shares of Common Stock have equal rights and privileges with respect to
voting, liquidation and dividend rights. All shares of Common Stock entitle the
holder thereof to (i) one non-cumulative vote for each share held of record on
all matters submitted to a vote of the stockholders; (ii) to participate equally
and to receive any and all such dividends as may be declared by the Board of
Directors out of funds legally available therefore; and (iii) to participate pro
rata in any distribution of assets available for distribution upon liquidation
of the Company. Stockholders of the Company have no preemptive rights to acquire
additional shares of Common Stock or any other securities. The Common Stock is
not subject to redemption and carries no subscription or conversion rights. All
outstanding shares of Common Stock are fully paid and non-assessable. There are
no provisions in Cal Alta Auto Glass, Inc.'s, charter or bylaws that would
prevent, delay or defer a change in control.

     No common stock has been proposed to be offered publicly by the Company.

Of the Company's total shares outstanding 2,345,000 shares may be sold,
transferred or otherwise traded in the public market, should one develop, unless
held by an affiliate or controlling shareholder of the Company. Of these
2,345,000 shares, the Company has identified no shares a being held by
affiliates of the Company.

     Of the 8,250,000 restricted common shares 8,250,000 shares considered
restricted securities are held presently by affiliates and/or controlling
shareholders of the Company. These shares may be sold pursuant to Rule 144,
subject to the volume and other limitations set forth under Rule 144. In
general, under Rule 144 as currently in effect, a person (or persons whose
shares are aggregated) who has beneficially owned restricted shares of the
Company for at least one year, including any person who may



                                       6
<PAGE>

 be deemed to be an
affiliate of the Company (as the term affiliate is defined under the Act), is
entitled to sell, within any three-month period, an amount of shares that does
not exceed the greater of (i) the average weekly trading volume in the Company's
Common Stock, as reported through the automated quotation system of a registered
securities association, during the four calendar weeks preceding such sale or
(ii) 1% of the shares then outstanding. A person who is not deemed to be an
affiliate of the Company and has not been an affiliate for the most recent three
months, and who has held restricted shares for a least two years would be
entitled to sell such shares without regard to the resale limitations of Rule
144.

     Generally, the shares of restricted stock may not be sold or otherwise
transferred unless first registered under the Act or unless there is an
appropriate exemption from registration available.

Dividend Policy

     The Company has not declared or paid dividends or made distributions in the
past, and the Company does not anticipate that it will pay cash dividends or
make distributions in the foreseeable future.


Item 6.  Managements Discussion and Analysis or Plan of Operation

     The following discussion pertains to the Company's results of operations as
of the years ended December 31, 2005 and 2004. The Company consolidates the
operations of Cal Alta Autoglass, LTD.

Results of Operations

    For the year ended December 31, 2005, the Company had sales of $822,854
compared to $842,809 for the same period ended December 31, 2004, with a net
loss of $69,605 compared with to net income of $16,369, for the same period
respectively. The $19,955 decrease in revenues for year 2005 compared to 2004,
can be attributed largely to the difference in the exchange rate of Canadian to
US dollars for the respective periods of the income statements. In Canadian
dollars, the Company had revenues of $995,653 for the year ended December 31,
2005 compared to revenues of $1,095,651 for the year ended December 31, 2004.
However, due to decreasing exchange rates from 1.30 for the year ended December
31, 2004 to 1.21 for the year ended December 31, 2005, there was a decrease in
revenues of $$24,988 due to this exchange rate difference when comparing the two
years at the 2005 annual rate. Cost of goods sold increased as a percentage of
sales by approximately 6%. Management attributes the increase in glass and
moldings to pricing increases from auto glass and supplies manufacturers. Also,
contributing to the net loss was an $5,096 increase in advertising costs when
comparing 2005 to 2004. General and administrative expenses were up
approximately $12,932 as the Company incurred additional costs due to attempting
become a publicly traded company. There was an approximate $20,000 increase in
wages and employee benefits. This can be attributed to employee raises and Mr.
Aiello, receiving compensation from the Company of $12,386, which he did not
receive in 2004.


                            Income Statement Summary
                                   December 31

                                                     2005                   2004

Revenues                                            $ 822,854          $ 842,809

Total Operating Costs                                 890,196            823,721


Net Operating Income                                  (67,342)            19,088


Other Income / (Expense)                              (2,236)             2,719

Net Income / (Loss)                                   (69,605)            16,369

                                       7
<PAGE>

Inflation

     In the opinion of management, inflation will not have a material effect on
the operations of the Company.

Quarterly Trends

     The auto glass industry in cold climates is very cyclical. Business volume
approximately doubles in the spring and summer compared to fall and winter.
Consumers tend to put off repairing cracks and chips that occurred in the icy
conditions of winter when gravel is applied to roadways. The more snowfall
received in the area, the more rock and gravel that is applied to the roadways.
This induces more damage to the windshields of vehicles due to the increased
amount of gravel on the road. Customers typically wait until after the snow
season to repair their windshield damage. The customers normally don't have the
windshield repaired during snow season due to the risk of damage again from
gravel on the roadways.

    The Company is not aware of any other trends, uncertainties, or events that
have affected or will affect the Company's operations.

    The Company is not aware of any significant elements of income or loss that
do not arise from continuing operations.

     There are no expected significant changes in the amount of employees.

     There are no planned material commitments for any capital expenditures.

Liquidity and Capital Resources

   As of December 31, 2005, in liquid assets the Company has ($44,350) in cash
and $97,410 in accounts and loans receivable. This is compared with ($30,539) in
cash and $285,256 in accounts and loans receivable as of December 31, 2004. It
should be noted that included in the accounts and loans receivable amount for
December 31, 2004, is $233,935, which was due from FAA Enterprises (see related
party note). This balance is $21,813 as of year-end 2005. The difference in this
note was offset to a payable of the Company to Westcan Autoglass Supplies, Inc.,
(see related party note).

    The Company has not yet secured any outside funding, or offerings in case
external financing is necessary. However, the Company feels its current position
would be able to fund the Company for at least 12 months if the Company had no
revenues. However, in managements' opinion this is highly unlikely. This is due
to the loans and accounts receivable being very liquid.


          For the year ended December 31, 2005, the Company used cash from
operations in the amount of $206,675 compared to cash provided from operations
of $22,551 for the same period the year before. Contributing to the decrease in
cash provided from operations when comparing the last two years is that in 2005,
the Company paid accounts payable to a related party by $132,603, while in the
prior year this amount increased by $36,494. Also, contributing to the decrease
in cash provided from operations when comparing the last two years is that in
2005, the Company increasing accounts receivable to of $10,123, while in the
prior year accounts receivable decreased by $3,442. It should be noted that the
Company's bank overdraft did increase $13,289, when comparing 2005 to 2004. Cash
flows from investing activities were minimal. The Company used cash in financing
activities to related parties. When comparing 2005 to 2004 the Company paid down
$204,117 in notes to related parties compared to borrowing $37,581 in notes to
related parties for the year ended December 31, 2004.

       The Company does from time to time experience significant bank overdraft
situations. The overdraft situation mostly stems from seasonality. Due to this
seasonality, cash flows can fluctuate greatly. Therefore, the Company has
arranged trough its banking institution overdraft protection of up to $65,000
(Canadian dollars). There have not been any major consequences of this overdraft
position because the


                                       8
<PAGE>

Company has never used the maximum amount. In the case the
Company did max out the overdraft, the Company would be forced to extend its
terms to suppliers and vendors. However, this is not anticipated to occur. The
Company does pay prime plus two percent while in this overdraft situation (ie.
if prime was 5% the Company would pay the bank 7%). If the Company were to
become insolvent Mr. Aiello, would be responsible for the repayment of the
overdraft.



                                                Balance Sheet Summary

                                                     Dec 31               Dec 31
                                                       2005                 2004

Total Current Assets                                     79,270           57,772

Property (net)                                           11,988           14,555

Total Assets                                            118,976          311,976

Current Liabilities                                      93,702          217,509

Total Liabilities                                        93,702          217,509

Total Stockholders Equity                                25,274           94,467

Total Liabilities and
Stockholders Equity                                     118,976          468,019

     The Company's current capital was provided by the founders of the Company
from operations or through incurring debt. Management believes that the
Company's cash requirement can be satisfied from current operations.

     In the event that outside funding is necessary, the Company will
investigate the possibility of interim financing, either debt or equity, to
provide capital. Although management has not made any arrangements, the Company
would consider private funding or the private placement of its securities and/or
a private offering. Any outstanding funding will be procured by the parent
holding company, Cal Alta Auto Glass, Inc., if the Company were to experience a
substantial delay in its ability to secure public financing from the sale of its
securities or from private lenders. Management does not feel the Company as a
going concern would be seriously jeopardized.

     All of the present lines offered by the Company have an established
customer base. Management would consider additional products and services that
would fit their customer profile, but are manufactured by others.

     The Company maintains a minimal inventory with a wholesale value of
approximately $1,286. The Company operates on a Just In Time inventory system
where parts are ordered on an as needed basis. Just In Time inventory systems
are common in the auto glass industry. This is due to the fact that there are
hundreds of different types of glass due to car manufactures, but also due to
the ever changing body styles. A Just In Time inventory system does not affect
the Company in any material aspect.

Recent Accounting Pronouncements

     In January 2003, the FASB issued FASB Interpretation No. 46 ("FIN
46"),"Consolidation of Variable Interest Entities, an interpretation of ARB No.
51," as revised, A Variable Interest Entity ("VIE") is an entity with
insufficient equity investment or in which the equity investors lack some of the
characteristics of a controlling financial interest. Pursuant to FIN 46, an
enterprise that absorbs a majority of the expected


                                       9
<PAGE>

losses of the variable
interest entity must consolidate the VIE. The full adoption of FIN 46 in fiscal
2004 did not have a material effect on our financial position and results of
operations.

        In April 2003, the FASB issued SFAS No. 149 "Amendment of Statement 133
on Derivative Instruments and Hedging Activities", which amends and clarifies
the accounting guidance on certain derivative instruments and hedging
activities. SFAS 149 is generally effective for contracts entered into or
modified after June 30, 2003 and hedging relationships designated after June 30,
2003. The adoption of this statement did not impact the Company's financial
position, results of operations, or cash flows.

 In November 2004, the FASB issued Statement of Financial Accounting Standards
(SFAS) No. 151 "Inventory Costs." This statement amends Accounting Research
Bulletin No. 43, Chapter 4, "Inventory Pricing" and removes the "so abnormal"
criterion that under certain circumstances could have led to the capitalization
of these items. SFAS No. 151 requires that idle facility expense, excess
spoilage, double freight and re-handling costs be recognized as current-period
charges regardless of whether they meet the criterion of "so abnormal." SFAS 151
also requires that allocation of fixed production overhead expenses to the costs
of conversion be based on the normal capacity of the production facilities. SFAS
No. 151 is effective for all fiscal years beginning after June 15, 2005. The
adoption of this statement did not impact the Company's financial position,
results of operations, or cash flows.

         In December 2004, the FASB issued SFAS No. 123(R), "Accounting for
Stock-Based Compensation" ("SFAS No. 123(R)"). SFAS No. 123(R) establishes
standards for the accounting for transactions in which an entity exchanges its
equity instruments for goods or services. This Statement focuses primarily on
accounting for transactions in which an entity obtains employee services in
share-based payment transactions. SFAS No. 123(R) requires that the fair value
of such equity instruments be recognized as an expense in the historical
financial statements as services are performed. Prior to SFAS No. 123(R), only
certain pro forma disclosures of fair value were required. The provisions of
this Statement are effective for the first interim reporting period that begins
after June 15, 2005. The adoption of this statement did not impact the Company's
financial position, results of operations, or cash flows.


         On December 16, 2004, the FASB issued SFAS No. 153, "Exchange of
Non-monetary Assets", an amendment of Accounting Principles Board ("APB")
Opinion No. 29, which differed from the International Accounting Standards
Board's ("IASB") method of accounting for exchanges of similar productive
assets. Statement No. 153 replaces the exception from fair value measurement in
APB No. 29, with a general exception from fair value measurement for exchanges
of non-monetary assets that do not have commercial substance. The Statement is
to be applied prospectively and is effective for non-monetary asset exchanges
occurring in fiscal periods beginning after June 15, 2005. The adoption of this
statement did not impact the Company's financial position, results of
operations, or cash flows.

Critical Accounting Policies

The preparation of consolidated financial statements in conformity with
accounting principles generally accepted in the United States of America
requires us to make a number of estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements. Such estimates and
assumptions affect the reported amounts of revenues and expenses during the
reporting period. On an ongoing basis, we evaluate estimates and assumptions
based upon historical experience and various other factors and circumstances. We
believe our estimates and assumptions are reasonable in the circumstances;
however, actual results may differ from these estimates under different future
conditions.

We believe that the estimates and assumptions that are most important to the
portrayal of our financial condition and results of operations, in that they
require our most difficult, subjective or complex judgments, form the basis for
the accounting policies deemed to be most critical to us. These critical
accounting policies relate to accounts receivable, bad debts and loans
receivable. We believe estimates and assumptions related to these critical
accounting policies are appropriate under the circumstances; however,


                                       10
<PAGE>

should
future events or occurrences result in unanticipated consequences, there could
be a material impact on our future financial conditions or results of
operations.

Off Balance Sheet Disclosures

The Company is not party to any off balance sheet arrangements.

Risk Factors and Cautionary Statements

     Forward-looking statements in this report are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. The
Company wished to advise readers that actual result may differ substantially
from such forward-looking statements, forward-looking statements involve risks
and uncertainties that could cause actual results to differ materially from
those expressed in or implied by the statements, including, but not limited to,
the following: the ability of the Company to successfully market its services if
and other risks detailed in the Company's periodic report filings with the
Securities and Exchange Commission.


Item 7.  Financial Statements and Supplementary Data



Armando C. Ibarra, C.P.A.
Armando Ibarra, Jr., C.P.A., JD


To the Board of Directors of
Cal Alta Auto Glass, Inc.


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We have audited the accompanying balance sheet of Cal Alta Auto Glass, Inc. as
of December 31, 2005, and the related statements of operations, changes in
stockholders' equity, and cash flows for the year then ended. These financial
statements are the responsibility of the Company's management. These financial
statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements based on
our audit.

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

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of the Company as of December 31,
2005, and the results of its operations and its cash flows for the year then
ended, in conformity with US generally accepted accounting principles.


/s/ Armando C. Ibarra___
Armando C. Ibarra, CPA

Chula Vista, Ca.
March 3, 2006

                                       11
<PAGE>



                            CAL ALTA AUTOGLASS, LTD
                                 Balance Sheet
                                                        As of         As of
                                                      December 31, December 31,
                                                         2005          2004
ASSETS
Current Assets
Cash                                                $            $        -
Accounts receivable                                     42,776       32,256
Earned discounts receivable - (a related party)         26,072       10,458
Inventory                                                1,286        1,245
Loan receivables                                         6,749        8,607
Prepaid expenses                                         2,387        5,206
Total Current Assets                                    79,270       57,772
Net Property & Equipment                                11,988       14,555
Other Assets
Investment in other companies                            5,146        4,980
Loan receivable - (a related party)                     21,813      233,935
Deposit                                                    759          734
Total Other Assets                                      27,718      239,649
TOTAL ASSETS                                         $ 118,976    $ 311,976
LIABILITIES & STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable                                     $  43,791    $  41,408
Accounts payable - (a related party)                         -      137,804
Bank overdraft                                          44,350       30,539
GST payable                                              5,561        7,758
Total Current Liabilities                               93,702      217,509
Stockholders' Equity
Common stock, ($0.001 par value, 50,000,000 shares
authorized; 10,595,000 shares issued and
outstanding as of December 31, 2005 and 2004)           10,595       10,595
Paid-in capital                                        (10,395)     (10,395)
Retained earnings (deficit)                             22,849       92,455
Foreign currency translation adjustment                  2,225        1,812
Total Stockholders' Equity                              25,274       94,467
TOTAL LIABILITIES
   & STOCKHOLDER                                     $ 118,976    $ 311,976





                                       12
<PAGE>



                             CAL ALTA AUTOGLASS, LTD
                             Statement of Operations


                                                Year Ended          Year Ended
                                                December 31         December 31
                                                   2005                 2004
Revenues

Income                                           $    822,854      $    842,809

                                           ------------------------------------

Total Revenues                                        822,854           842,809


Costs of Sales
Glass & moldings - (a related party)                  412,267           373,299
Sub. contractors                                       34,285            34,357

                                           ------------------------------------

Total Costs of Sales                                  446,552           407,656

                                           ------------------------------------

Gross Profit                                          376,302           435,153

Operating Costs
Depreciation & amortization                             2,936             3,437
Advertising                                           160,108           165,204
Salaries & wages                                      112,991            92,747
General & administrative expenses                     167,609           154,677

                                           ------------------------------------

Total Operating Costs                                 443,644           416,065

Net Operating Income / (Loss)                         (67,342)           19,088

Other Income (Expenses)
Interest expense                                       (2,263)           (2,719)

                                           ------------------------------------

Total Other Income (Expenses)                          (2,263)           (2,719)

                                           ------------------------------------

NET INCOME (LOSS)                                $    (69,605)     $     16,369

                                           ====================================


BASIC EARNING (LOSS) PER SHARE                   $      (0.01)     $       0.00

                                           ====================================


WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING                          10,595,500        10,595,000

                                           ====================================




                                       13
<PAGE>




                            CAL ALTA AUTOGLASS, LTD
                  Statement of Changes in Stockholder's Equity
                            As of December 31, 2005





                                            Common       Common      Additional
                                            Shares        Stock         Paid
                                                         Amount      in Capital
--------------------------------------------------------------------------------

Balance, December 31, 2002                 8,500,000   $    8,500   $   (8,300)

November 25, 2003, common stock
issued for recapitalization                2,095,000        2,095       (2,095)

Foreign currency translation adjustment

Net loss for the year ended
December 31, 2003

 -------------------------------------------------------------------------------

Balance, December 31, 2003                10,595,000       10,595      (10,395)

 -------------------------------------------------------------------------------

Foreign currency translation adjustment

Net lncome for the year ended
December 31, 2004

  ------------------------------------------------------------------------------

Balance, December 31, 2004                10,595,000       10,595
 -------------------------------------------------------------------------------


Foreign currency translation adjustment

Net loss for the year ended
December 31, 2005

  ------------------------------------------------------------------------------

Balance, December 31, 2005                10,595,000   $   10,595   $  (10,395)






                                        Retained        Total
                                        Earnings
                                        (Deficit)l

                ---------------------------------------------------------------

Balance, December 31, 2002                $ 178,805      178,353

November 25, 2003, common stock
issued for recapitalization                       -            -

Foreign currency translation adjustment           -       (7,427)

Net loss for the year ended
December 31, 2003                          (102,719)    (102,719)

                ----------------------------------------------------------------

Balance, December 31, 2003                   76,086       68,207

                ---------------------------------------------------------------

Foreign currency translation adjustment           -        9,891

Net lncome for the year ended
December 31, 2004                            16,369       16,369

                ---------------------------------------------------------------

Balance, December 31, 2004                   92,455       94,467

                ---------------------------------------------------------------

Foreign currency translation adjustment           -          413

Net loss for the year ended
December 31, 2005                           (69,605)     (69,605)

               ----------------------------------------------------------------

Balance, December 31, 2005                $  22,850    $  25,275






                             CAL ALTA AUTOGLASS, LTD
                             Statement of Cash Flows




--------------------------------------------------------------------------------
                                        Year Ended    Year Ended
                                        December 31,  December 31,
                                          2005           2004




CASH FLOWS FROM OPERATING ACTIVITIES

Net income (loss)
                                        $ (69,605)   $  16,369
Adjustments to reconcile
net loss to net cash
used in operating activities:
Depreciation & amortization expense
                                            2,936        3,437
Change in assets and liabilities
(Increase) decrease in
accounts receivable
                                          (10,123)       3,442
(Increase) decrease in
notes receivable
                                            1,788         (552)
(Increase) decrease in
inventory
                                              (40)       9,641
(Increase) decrease in
investment
                                             (160)        (320)
(Increase) decrease in
prepaid expenses
                                            2,713         (334)
(Increase) decrease in
other assets
                                              (24)         (47)
(Increase) decrease in
provision for earned
discounts                                 (15,025)      11,408
Increase (decrease) in
accounts payable
                                            2,293      (87,493)
Increase (decrease) in
bank overdraft
                                           13,289       30,539
Increase (decrease) in
taxes payable
                                           (2,114)         (33)
Increase (decrease) in
accounts payable (related
party)                                   (132,603)      36,494

                               -------------------------------

Net cash provided (used)
by operating activities
                                         (206,675)      22,551

CASH FLOWS FROM INVESTING ACTIVITIES

Acquisition of property & equipment
                                                -         (990)

                               -------------------------------

Net cash provided (used)
by investing activities
                                                -         (990)

CASH FLOWS FROM FINANCING ACTIVITIES

Change in notes receivable

related party
                                          204,117      (37,581)

                               -------------------------------

Net cash provided (used) by
financing activities
                                          204,117      (37,581)

Effect of exchange rate
changes on cash
                                            2,558        4,613

                               -------------------------------

Net increase (decrease) in cash
                                                -      (11,407)

Cash at beginning of year
                                                -       11,407

                               -------------------------------

Cash at end of year
                             $            $                  -

                               ===============================

Supplemental cash flows disclosures:

Cash paid during year
for interest
                                        $   2,263    $   2,719
Cash paid during year
for income taxes
                             $            $                  -




                                       14
<PAGE>




                            CAL-ALTA AUTO GLASS, INC.
                 Notes to the Consolidated Financial Statements
                             As of December 31, 2005







NOTE  1.  OPERATIONS AND DESCRIPTION OF BUSINESS

Organization

Cal Alta Auto Glass, Inc., (the Company) formerly  International  Sports
Marketing Group, Inc., was incorporated  October 14, 1999. Cal
Alta Auto Glass,  Ltd., of Canada was  incorporated  under the laws of
Alberta,  Canada B.C.,  to operate  businesses in the auto glass
industry.

In late 1997, Cal Alta Auto Glass, Ltd. divested of all of its auto glass
operating assets to Pro Glass Industries, Inc., a Calgary, Alberta company with
common ownership. Pro Glass Technologies traded as a public entity starting in
the fourth quarter of 2001. However, due to market conditions at the time, Pro
Glass was not able to implement its full business model, which called for an
auto glass distribution arm and an auto glass warranty operation. Therefore
management decided it would be in the best interest of the shareholders to make
the auto glass operation of Pro Glass Technologies, Inc., private again, while
merging the parent company with another entity that could provide value to its
shareholders.

However, on September 10, 2002, Pro Glass Technologies, Inc. entered into an
Agreement and Plan of Reorganization by and between the Company and MicroSignal
Corporation, a Pennsylvania corporation, whereby Pro Glass Technologies, Inc.,
acquired all issued and outstanding shares of MicroSignal in exchange for the
issuance of 17,051,344 shares of Pro Glass Technologies, Inc. As part of the
merger Pro Glass Technologies, Inc., agreed, as part of the Reorganization
Agreement, to sell back to its President, Frank Aiello, the Company's current
auto glass operations. The Agreement of Purchase and Sale of Assets provides for
Mr. Aiello to purchase the auto glass business in exchange for the return of a
maximum of 150,000 shares of MicroSignal's common stock, which was owned by Mr.
Aiello. Pro Glass Technologies, Inc. entered into this Agreement to sell the
auto glass operation to Mr. Aiello, because management of the newly organized
entity will be devoting all its time and energy into developing the Micro Signal
business. The newly reorganized entity will no longer have the personnel or
expertise required to operate the auto glass business. Mr. Aiello, upon
completion of the repurchase of the auto glass assets immediately transferred
the assets and liabilities of the auto glass operations directly into Cal Alta
Auto Glass, Ltd., a family owned Calgary, Alberta Corporation where they have
been operating since.

The assets acquired in the transaction were cash of $8,101, accounts receivable
of $86,604, inventory of $9,598, provision for future rebates $10,997 deposits &
prepaid expenses of $6,084, investments in other companies of $6,000 and
automotive & shop equipment $34,961.

The liabilities acquired in the transaction were accounts payable $219,080 and
long-term debt $15,160. Liabilities exceed assets by $71,895, which would
account for the purchase price paid by Cal Alta Auto Glass, Ltd., using the
historical costs of the items acquired.



                                       15
<PAGE>



NOTE 1.  OPERATIONS AND DESCRIPTION OF BUSINESS (CONTINUED)

On November 25, 2003 the Company entered into a reverse merger  pursuant to
Rule 368 (a)(1)(B) of the Internal  Revenue Code of 1986 as amended.  Whereas,
International  Sports  Marketing  Group,  Inc.  acquired  100% of the common
stock of Cal Alta Auto Glass,  Ltd., a Canadian  corporation,  for 8,500,000
shares of common stock.  International  Sports Marketing Group, Inc. changed
its name to Cal Alta Auto Glass,  Inc. Cal Alta Auto Glass,  Ltd.
(Canadian Co.), is the predecessor  due to a reverse merger.  Cal Alta Auto
 Glass,  Inc.,is a holding company.

Due to the reverse merger, Cal Alta Auto Glass, Ltd., became the subsidiary
holding company of Cal Alta Auto Glass, Inc. The underlying reason for the
merger was the belief that company gain "public" status in the US, in order to
obtain the ability to conduct secondary financing to implement the full business
plan of Cal Alta Auto Glass, Inc.

Cal Alta sells and installs auto glass products through two Calgary based
outlets. Cal Alta Auto Glass replaces and repairs windshields of all domestic
and foreign vehicles and to a lesser degree, other types of auto glass.
Additionally, flat glass for non-auto related applications such as furniture,
mirrors, greenhouses, etc., is also sold.

The operating subsidiary will comply with Canadian and Alberta regulations. Cal
Alta Auto Glass, Inc. of Nevada will be the consolidated parent holding company
of the Canadian subsidiary and will comply with US regulations. If Cal Alta Auto
Glass, Inc. begins operations of glass shops in the US; the glass shops will
operate in accordance with the appropriate US laws as a subsidiary of Cal Alta
Auto Glass, Inc. Cal Alta Auto Glass, Ltd., operates from two Calgary, Alberta
locations. Approximately 40% of annual sales are paid by customers' auto
insurance policies with the balance being non-insurance related transactions.


NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a.  Basis of Accounting

The Company policy is to use the accrual method of accounting and to prepare and
present financial statements in accordance with generally accepted accounting
principles.

b.  Basic Earnings per Share

In February 1997, the FASB issued SFAS No. 128, "Earnings Per Share", which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities with publicly held common stock. SFAS No. 128
supersedes the provisions of APB No. 15, and requires the presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. Basic net loss
per share amounts is computed by dividing the net loss by the weighted average
number of common shares outstanding. Diluted earnings per share are the same as
basic earnings per share due to the lack of dilutive items in the Company.

                                       16
<PAGE>

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

c.  Cash and Cash Equivalents

For the purposes of the statement of cash flows, the Company considers all
investments with maturity of three months or less to be cash equivalents.

d.  Consolidation

The accompanying financial statements include the accounts of the Company and
its subsidiary. Significant intercompany accounts and transactions have been
eliminated in consolidation.

e. Commitments and Contingencies

The Company does not have any commitments or contingencies.

f.  Inventory

Inventory is stated at the lower of cost (first-in, first-out) or net realizable
value, and consists of auto windshields and related materials. The Company's
inventory is very consistent and not material. As of December 31, 2005 and 2004
the Company had inventory of $1,286 and $1,245, respectively.

g.  Use of Estimates

The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates. In accordance with FASB 16 all
adjustments are normal and recurring.

h.  Property and Equipment/ Depreciation

Property and equipment are recorded at cost. Minor additions renewals are
expensed in the year incurred. Major additions and renewals are capitalized and
depreciated over their estimated useful lives. Depreciation and amortization is
calculated using straight-line and accelerated methods for income tax purposes
(five years for vehicles and equipment, and seven years for office furniture).
Total depreciation for the year ended December 31, 2005 and 2004 was $2,936 and
$3,437, respectively.



                                       17
<PAGE>


NOTE  2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

i.  Revenue Recognition

The Company recognizes revenue from windshield repairs and replacements at the
date the customer's job is completed.

The Company recognizes revenue from windshield repairs and replacements when the
following conditions exist:

o Persuasive evidence of an arrangement exists between a customer and the
Company (a written and accepted estimate). o Delivery has occurred or services
have been rendered, (job or services for customer(s) and been completed and
accepted). o The Companies price to the customer is fixed or determinable (and
accepted).
o        Collect ability is reasonably assured.

For customers paying via cash or charge, the four criteria above are satisfied
via the customer signing an estimate, the Company providing the services,
(usually the same day) and the Company receiving payment before releasing the
vehicle.

However, for customers who are having their windshields and repair work being
covered via insurance it adds additional steps for the Company to be able to
recognize revenue. The shop must communicate with the customers insurance
company to determine the rate at which the insurance company will reimburse the
Company for these repairs. After the repair work the Company must submit the
appropriate paperwork for collection from the insurance companies.
Collectibility is reasonably assured due to initially working out the payment
terms as described above, before rendering services. The Company does not
recognize an allowance on these insurance receivables to do non-collection being
very rare.

j.   Income Taxes

Income taxes are provided in accordance with Statement of Financial Accounting
Standards No. 109 (SFAS 109), Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss carryforwards. Deferred tax expense (benefit)
results from the net change during the year of deferred tax assets and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management, it is more likely than not that some portion of all of the deferred
tax assets will be realized. Deferred tax assets and liabilities are adjusted
for the effects of changes in tax laws and rates on the date of enactment.
Realization of deferred tax assets is dependent upon sufficient future taxable
income during the period that deductible temporary differences and carryforwards
are expected to be available to reduce taxable income. Income tax returns are
reported to Canada and United States as required by regulated agencies.


                                       18
<PAGE>

NOTE  2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

k. Earned Discounts Receivable

Earned discounts receivable represent amounts due back to the Company from its
suppliers for discounts earned from purchasing certain quantities of inventory
in a year. As of December 31, 2005, the Company is owed $26,072 in earned
discounts from Westcan Auto Glass, Inc. (a related party - see note 8).

l. GST Payable

GST payable represents sales taxes that are owed by the Canadian operations to
the local governments. As of December 31, 2005, the Company owes $5,561 in GST
payable.

NEW ACCOUNTING PRONOUNCEMENTS:

In November 2004, the Financial Accounting Standards Board (FASB) issued SFAS
151, Inventory Costs - an amendment of ARB No. 43, Chapter 4. This Statement
amends the guidance in ARB No. 43, Chapter 4, "Inventory Pricing," to clarify
the accounting for abnormal amounts of idle facility expense, freight, handling
costs, and wasted material (spoilage). Paragraph 5 of ARB 43, Chapter 4,
previously stated that "... under some circumstances, items such as idle
facility expense, excessive spoilage, double freight, and rehandling costs may
be so abnormal as to require treatment as current period charges..." This
Statement requires that those items be recognized as current-period charges
regardless of whether they meet the criterion of "so abnormal." In addition,
this Statement requires that allocation of fixed production overheads to the
costs of conversion be based on the normal capacity of the production
facilities. This Statement is effective for inventory costs incurred during
fiscal years beginning after June 15, 2005. The adoption of this Statement did
not have any immediate material impact on the Company.

In December 2004, the FASB issued SFAS No. 152, "Accounting for Real Estate
Time-Sharing Transactions--an amendment of FASB Statements No. 66 and 67" ("SFAS
152) The amendments made by Statement 152 This Statement amends FASB Statement
No. 66, Accounting for Sales of Real Estate, to reference the financial
accounting and reporting guidance for real estate time-sharing transactions that
is provided in AICPA Statement of Position (SOP) 04-2, Accounting No. 67,
Accounting for Costs and Initial Rental Operations of Real Estate Projects, to
state that the guidance for (a) incidental operations and (b) costs incurred to
sell real estate projects does not apply to real estate time-sharing
transactions. The accounting for those operations and costs is subject to the
guidance in SOP 04-2. This Statement is effective for financial statements for
fiscal years beginning after June 15, 2005, with earlier application encouraged.
The adoption of this Statement did not have any immediate material impact on the
Company.


                                       19
<PAGE>


NOTE 2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

NEW ACCOUNTING PRONOUNCEMENTS:

On December 16, 2004, the Financial Accounting Standards Board ("FASB")
published Statement of Financial Accounting Standards No. 123 (Revised 2004),
Shared-Based Payment ("SFAS 123R). SFAS 123R requires that compensation cost
related to share-based payment transactions be recognized in the financial
statements. Share-based payment transactions within the scope of SFAS 123R
include stock options, restricted stock plans, performance-based awards, stock
appreciation rights, and employee share purchase plans. The provisions of SFAS
123R are effective as of the first interim period that begins after June 15,
2005. Accordingly, the Company will implement the revised standard in the third
quarter of fiscal year 2005. Currently, the Company accounts for its share-based
payment transactions under the provisions of APB 25, which does not necessarily
require the recognition of compensation cost in the financial statements. The
adoption of this Statement did not have any immediate material impact on the
Company.

On December 16, 2004, FASB issued Statement of Financial Accounting Standards
No. 153, Exchanges of Nonmonetary Assets, an amendment of APB Opinion No. 29,
Accounting for Nonmonetary transactions ("SFAS 153"). This statement amends APB
Opinion 29 to eliminate the exception for nonmonetary exchanges of similar
productive assets and replaces it with a general exception of exchanges of
nonmonetary assets that do not have commercial substance. Under SFAS 153, if a
nonmonetary exchange of similar productive assets meets a commercial-substance
criterion and fair value is determinable, the transaction must be accounted for
at fair value resulting in recognition of any gain or loss. SFAS 153 is
effective for nonmonetary transactions in fiscal periods that begin after June
15, 2005. The adoption of this Statement did not have any immediate material
impact on the Company.

NOTE 3.   ACCOUNTS RECEIVABLE-TRADE

Accounts receivable-trade consists of the following:

                                          December 31, 2005   December 31, 2004

Accounts receivable                                      $42,776         $32,256
Allowance for doubtful accounts                                0               0
                                     -------------------------------------------
Total                                                    $42,776         $32,256
                                     ===========================================

Management considers accounts receivable as of December 31, 2005 to be fully
collectible.


                                       20
<PAGE>


NOTE 4.  OPERATING LEASES

The Company leases two locations under an operating lease that expires on
December 1, 2006 and April 30, 2007. Rent expense for the year ended December
31, 2005 and 2004 were $56,127 and $60,986, respectively. The Company also
leases a vehicle under a operating lease that expires in July 2008. Lease
expenses for the vehicle for the year ended December 31, 2005 and 2004 and were
$6,312 and $5,736, respectively. At December 31, 2005, minimum annual rental
commitments under the property non-cancelable lease were as follows:


                             Period Ending
                                 2005                  $ 69,064
                                 2006                  $ 69,064
                                 2007                  $ 24,732


NOTE 5.  PROPERTY & EQUIPMENT

Components of property and equipment include the following as of:

                                          December 31, 2005    December 31, 2004

Office Equipment                                      $ 24,014         $ 23,240
Automobile                                                 969              938
                                    -------------------------------------------
                                    -------------------------------------------
Total Office Equip. & Automobile                        24,983           24,178
Accumulated Depreciation                               (12,995)          (9,623)
                                    -------------------------------------------
                                                     --------------------------
Net Property and Equipment                            $ 11,988         $ 14,555
                                    ===========================================


NOTE 6.  INVESTMENT IN OTHER COMPANIES

The investment in other companies  represents  15,000 shares of common stock in
Triad industries,  Inc. Triad Industries,  Inc., trades on the OTC-BB under the
 symbol "TDII". The investment is recorded at its historical cost.





NOTE 7.  INCOME TAXES

Net operating losses expire twenty years from the date the loss was incurred for
US tax purposes. No portion of the valuation allowance will be allocated to
reduce goodwill or other noncurrent intangible asset of an acquired entity.
There are no temporary differences or carryforward tax effects that would
significantly affect the Companies deferred tax asset.

At December 31, 2005 the Company has no operating and capital losses carryfoward
for US tax purposes.

Utilization of the net operating losses and credit carryforwards may be subject
to a substantial annual limitation due to the "change in ownership" provisions
of the Internal Revenue Code of 1986. The annual limitation may result in the
expiration of net operating losses and credits before utilization. None of the
valuation allowance recognized was allocated to reduce goodwill or other
noncurrent intangible assets of an acquired entity or directly to contributed
capital.

                                       21
<PAGE>

However, at December 31, 2005, the Company has operating and capital losses
carryfoward for Canadian tax purposes, through its subsidiary Cal Alta Auto
Glass, LTD. The tax benefits resulting for the purposes have been estimated as
follows:

                                                              December 31, 2005


Beg. Retained Earnings                                                 $ 92,455
Net Income for Year ended 12/31/05                                      (69,605)
                                                                     ----------
Ending Retained Earnings                                               $ 22,850

Gross income tax benefit                                               $  3,428
Valuation allowance                                                           -

                                                      -------------------------
Net income tax benefit                                                 $  3,428
                                                                ===============

The net operating loss expires ten years from the date the loss was incurred for
Canadian tax purposes. Income tax returns are reported to Canada and United
States as required by the regulatory agencies.





NOTE 8.  RELATED PARTY TRANSACTIONS

On September 10, 2002, Pro Glass Technologies, Inc., (Frank Aiello, the
Company's president was a controlling shareholder) entered into an Agreement and
Plan of Reorganization by and between the Company and MicroSignal Corporation, a
Pennsylvania corporation, whereby Pro Glass Technologies, Inc., acquired all
issued and outstanding shares of MicroSignal in exchange for the issuance of
17,051,344 shares of Pro Glass Technologies, Inc. As part of the transaction,
Pro Glass Technologies, Inc., filed Articles of Merger changing its name to
"MicroSignal Corporation". Also, as part of the merger Pro Glass Technologies,
Inc., agreed, as part of the Reorganization Agreement, to sell back to its
President, Frank Aiello, the Company's current auto glass operations. The
Agreement of Purchase and Sale of Assets provides for Mr. Aiello to purchase the
auto glass business in exchange for the return of a maximum of 150,000 shares of
MicroSignal's common stock, which was owned by Mr. Aiello. Pro Glass
Technologies, Inc. entered into this Agreement to sell the auto glass operation
to Mr. Aiello, because management of the newly organized entity will be devoting
all its time and energy into developing the MicroSignal business. The newly
reorganized entity will no longer have the personnel or expertise required to
operate the auto glass business. Mr. Aiello, put the assets and liabilities of
the auto glass operations directly into Cal Alta Auto Glass, Ltd., a family
owned Calgary, Alberta Corporation where they have been operating since.

The assets acquired in the transaction were cash of $ 8,101, accounts receivable
of $86,604, inventory of $9,598, provision for future rebates $10,997 deposits &
prepaid expenses of $6,084, investments in other companies of $6,000 and
automotive & shop equipment $34,961.

The liabilities acquired in the transaction were accounts payable $219,080 and
long-term debt $15,160. Liabilities exceed assets by $71,895, which would
account for the purchase price paid by Cal Alta Auto Glass, Ltd., using the
historical costs of the items acquired.

It should be noted that that Cal Alta Auto Glass, Ltd, purchases approximately
45% of its glass and supplies from Westcan Autoglass Supplies, Inc. a company
owned 100% by Mr. Frank Aiello, the Company's President. Mr. Aiello currently
does not run any auto glass shops of his own. For the year ended December 31,
2005, Cal Alta purchased $167,202, in auto glass and moldings from Westcan
Autoglass Supplies, Inc. This amount includes $1,286, in auto glass held in
inventory as of December 31, 2005. Also as of December 31, 2005, Westcan
Autoglass Supplies, Inc. owed the Company $26,072 in earned discounts.

For the year ended December 31, 2004, Cal Alta purchased $151,322, in auto glass
and moldings from Westcan Autoglass Supplies. This amount includes $1,245, in
auto glass held in inventory as of December 31, 2004. Also as of December 31,
2004, Westcan Autoglass Supplies, Inc. owed the Company $10,458 in earned
discounts.

The Company owes Westcan Autoglass Supplies, Inc. (a related party) $0 and
$137,804 as of December 31, 2005 and 2004, respectively.


                                       22
<PAGE>



NOTE 8.  RELATED PARTY TRANSACTION (CONTINUED)


FAA Enterprises (a related party) owes the Company loans receivable of $21,813
and $233,935 as of December 31, 2005 and 2004, respectively. For the year ended
December 31, 2005, the receivable to FAA Enterprises decreased $212,122. During
2005 the Company reduced its payable to Westcan Autoglass Supplies, Inc. with
the FAA note receivable. FAA Enterprises and Westcan Autoglass Supplies, Inc.
are owned 100% by Frank Aiello, the Company's president. At of December 31, 2005
FAA Enterprises balance due to the Company was $21,813. Mr. Aiello, intends to
pay off the balance of the loan in early 2006, from FAA Enterprises.


NOTE 9.  FOREIGN CURRENCY TRANSLATION

Accounting for Cal Alta Auto Glass, Ltd. is conducted in Canadian currency. As
per our audit we convert figures on a period basis in accordance with FASB # 52.
The functional currency is in US Dollars. The Companies balance sheets as of
December 31, 2005 and 2004 were translated at their period ended rate of
$1.16600 and $1.20480, respectively. Statements of operations and cash flows
were reported on the weighted average for the twelve months ended December 31,
2005 and 2004 as required by FASB # 52. The weighted average for the year ended
December 31, 2005 and 2004 where $1.21173 and $1.30205, respectively.


NOTE  10.  COMMON STOCK

Transactions, other than employees' stock issuance, are in accordance with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration received or the fair
value of the equity instruments issued, or whichever is more readily
determinable.

As of December 31, 2002 there were 8,500,000 shares of common stock outstanding.

On November 25, 2003 the Company issued 2,095,000 shares of common stock in a
recapitalization.

As of December 31, 2005 there were 10,595,000 shares of common stock
outstanding.

NOTE 11.  STOCKHOLDERS' EQUITY

The stockholders' equity section of the Company contains the following classes
of capital stock as of December 31, 2005:

Common stock, $ 0.001 par value: 25,000,000 shares authorized; 10,595,000 shares
 issued and outstanding.





                                       23
<PAGE>


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

         None

Item 8a. Controls and Procedures


         We have instituted disclosure controls and procedures designed to
ensure the timely recording, processing, summarization and reporting to our
management, including our Chief Executive Officer, of information required to be
disclosed in our reports under the Securities Exchange Act of 1934, as amended
(the "Exchange Act").Within the 90 days prior to the filing date of this Annual
Report on Form 10-KSB, we have performed an evaluation of the effectiveness of
the design and operation of these controls under the supervision and with the
participation of our management, including our Chief Executive Officer.Based
upon that evaluation, our Officers have concluded that the disclosure controls
and procedures are effective to ensure that information required to be disclosed
in the reports that the Company files or submits under the Exchange Act is
accumulated and communicated to management, including our CEO and principal
financial officer, to allow timely decisions regarding required disclosures of
such information. In the design and evaluation of our disclosure controls and
procedures, management has recognized that risks of misstatements due to error,
failures in compliance, or changes in conditions are inherent in any
cost-effective control system.
Changes in Internal Control Over Financial Reporting

      There were no changes in our internal control over financial reporting
during the fourth quarter of 2005 that have amterially affected, or are
reasonably likely to materially affect, our internal control over financial
reporting.


                                    Part III

Item 9.  Directors, Executive Officers, Control Persons

          The following table sets forth information, to the best of the
Company's knowledge, as of March 25, 2006, with respect to each person known by
the Company to own beneficially more than 5% of the outstanding Common Stock,
each director and all directors and officers as a group.

         Name and                                     Amount
         Address                    Position           Owned             Percent

Frank Aiello                        President         7,000,000              66%
88 Arbor Glen Close NW
Calgary, Alberta T3G3Y7

Denise Aiello(1)                    Sec/Director      1,000,000               9%
88 Arbor Glen Close NW
Calgary, Alberta T3G3Y7

Mason Graf(2)                       Director            250,000             2.5%
3129 Tacker Drive
Kelowna, B.C. V1Z1X6
             -------------------------------------------------------------------
Management as a group                                 8,250,000              78%

                                       24
<PAGE>

         Based on 10,595,000 shares outstanding as of 3-25-2006

(1) Mrs. Aiello is the wife of Frank Aiello the Company's President and mother
of Mason Graf a Director of the Company. (2) Mr. Graf is the son of Frank Aiello
the Company's President and Denise Aiello the Company's Secretary.

     All directors hold office until the next annual meeting of stockholders or
until their successors have been duly elected and qualified. Directors will be
elected at the annual meetings to serve for one-year terms. There are no
agreements with respect to the election of directors. Each executive officer is
appointed by and serves at the discretion of the Board of Directors. It should
be noted that the Company has not held an annual meeting in the last year.

     None of the officers and/or directors of Cal Alta Auto Glass, Inc., are
officers or directors of any other publicly traded corporation, nor have any of
the affiliates or promoters of Cal Alta Auto Glass, Inc., filed any bankruptcy
petition, been convicted in or been the subject of any pending criminal
proceedings, or the subject or any order, judgment, or decree involving the
violation of any state or federal securities laws within the past five years.

     The directors will provide their time to Cal Alta Auto Glass, Inc., affairs
on an as needed basis, the exact amount of which is undetermined at this time.

     The business experience of each of the persons listed above during the past
five years is as follows:

         Frank Aiello, 51, President/Director

Mr. Aiello, has been the Owner and President of FAA Enterprise Ltd., a private
corporation (holding company) since 1995 to present. FAA Enterprise Ltd., is a
holding Company for investments Mr. Aiello makes in his own personal interest.
From November 2000, to present Mr. Aiello has been the President of Westcan
Autoglass Supplies, Inc., a auto glass and supplies wholesale company. Since
1986, Mr. Aiello has also been the President of Cal Alta Auto Glass, Ltd. a
Canadian corporation that owns and operates two automobile glass replacement and
repair locations in Calgary, Alberta. Currently Mr. Aiello is the President of
Cal Alta Auto Glass, Inc.

         Denise Aiello, 41, Secretary/Director

Mrs. Aiello, has had a very limited role for the last several years in Cal Alta
Auto Glass, Ltd. Mrs. Aiello's primary role has been assisting Mr. Aiello, when
needed in decision making for the Canadian company, due to it being family held
prior to the reverse merger in November 2003.

           Mason Graf, 24, Director

Mr. Graf, 24, has been an assistant manager of the auto glass shops for the last
2 years, prior to this he was an auto glass installer for the company. Mr. Graf,
has spent the last seven years learning the auto glass industry at the Company's
locations.

Compliance with 16(a) of the Exchange Act

     The Securities Exchange Act of 1934 requires all executive officers and
directors to report any changes in the ownership of common stock of the Company
to the Securities & Exchange Commission and the Company. The officers and
directors of the Company filed these reports in March of 2006, in compliance
with 16(a) of the exchange act.

Conflicts of Interest

We do not have any procedures in place to address conflicts of interest that
may arise  between our directors and officers between our business and their
other business activities.   It should be noted that there is the potential
for a conflict of interest for our president, Mr. Frank Aiello. Mr. Aiello,
is the president  of


                                       25
<PAGE>

Westcan Autoglass Supplies, Inc., who supplies Cal Alta
 with approximately 45% of our supplies. No conflicts have occurred to date.


Item 10.  Executive Compensation

     The following table shows the amount of all compensation earned or services
in all capacities to the Company for the last two fiscal years for the executive
officers as of December 31, 2005.

Officer and directors received the following compensation for the years ended
December 31, 2003, December 31, 2004, and December 31, 2005.

Frank Aiello.  Mr. Aiello is the President of the Company.  Mr. Aiello owns
directly 66% of the Company.

Denise  Aiello.  Mrs.  Aiello is the  Secretary  of the  Company.  She has very
limited role and has donated her services for the year.
Mrs. Aiello owns directly 9% of the Company.

Mason Graf.  Mr. Graf is a Director of the  Company.  Mr.  Graf has donated his
time as a director.  However,  for his  services at the auto glass shops Mr.
Graf  received  the  following  wages for the last three years.  Mr.  Graf,
has taken a leave of absence from the glass shops for 2005.

Directors  will  receive  $1,000  per year  paid by Cal Alta Auto  Glass,  Inc.,
payable in stock, paid quarterly,  plus expenses for attending meetings once the
company  becomes a fully  reporting  entity and  obtains  trading  status on the
OTC-BB.

The following table shows the amount of all compensation earned for services in
all capacities to the Company for the last three fiscal years.
                                                                     Restricted
                                                                          Stock
Name                                   Year     Salary          Bonus    Awards


Frank Aiello, President                 2005     $12,386           0           0
Director                                2004           0           0           0
                                        2003           0           0           0

Denise Aiello, Secretary                2005           0           0           0
Director                                2004           0           0           0
                                        2003           0           0           0

Mason Graf, Director                    2005           0           0           0
                                        2004      11,065           0           0
                                        2003      16,655           0           0




Item 11.  Security Ownership of Beneficial Owners and Management

     The following table sets forth, as of December 31, 2005, based upon our
records and information obtained from the persons named below, certain
information concerning beneficial ownership of our shares of Common Stock with
respect to (I) each person known to own or more than 5% of our understanding
shares of Common Stock, (II) each of our executive officers and directors, and
(III) all of our executive officers and directors as a group:


                                       26
<PAGE>


                                        Amount Approximate
                                            And Nature               Percentage
                                             Of Beneficial            of Common
Identity                                     Ownership               Stock Owned
Michael Kelleher                                   600,000               6%(I)
Frank Aiello                                     7,000,000              66%(II)
Denise Aiello                                    1,000,000               9%(II)
Mason Graf                                         250,000             2.5%(II)

Management as a Group Directly                   8,250,000              78%(III)


Item 12.  Certain Relationships and Related Transactions


On  September  10,  2002,  Pro Glass  Technologies,  Inc.,  (Frank  Aiello,  the
Company's president was a controlling shareholder) entered into an Agreement and
Plan of Reorganization by and between the Company and MicroSignal Corporation, a
Pennsylvania  corporation,  whereby Pro Glass  Technologies,  Inc., acquired all
issued and  outstanding  shares of  MicroSignal  in exchange for the issuance of
17,051,344  shares of Pro Glass  Technologies,  Inc. As part of the transaction,
Pro Glass  Technologies,  Inc.,  filed  Articles of Merger  changing its name to
"MicroSignal  Corporation".  Also, as part of the merger Pro Glass Technologies,
Inc.,  agreed,  as part of the  Reorganization  Agreement,  to sell  back to its
President,  Frank  Aiello,  the  Company's  current auto glass  operations.  The
Agreement of Purchase and Sale of Assets provides for Mr. Aiello to purchase the
auto glass business in exchange for the return of a maximum of 150,000 shares of
MicroSignal's   common  stock  which  was  owned  by  Mr.   Aiello.   Pro  Glass
Technologies,  Inc. entered into this Agreement to sell the auto glass operation
to Mr. Aiello, because management of the newly organized entity will be devoting
all its time and energy into  developing  the  MicroSignal  business.  The newly
reorganized  entity will no longer have the  personnel or expertise  required to
operate the auto glass business.  Mr. Aiello,  put the assets and liabilities of
the auto glass  operations  directly into Cal Alta Auto Glass,  Ltd., a Calgary,
Alberta  Corporation.  Due to the merger  with  International  Sports  Marketing
Group,  Inc., Cal Alta Auto Glass,  Ltd,  became an operating  subsidiary of Cal
Alta Auto Glass Inc., (formerly International Sports Marketing Group, Inc).

   The assets acquired in the transaction were cash of $ 8,101, accounts
receivable of $86,604, inventory of $9,598, provision for future rebates $10,997
deposits & prepaid expenses of $6,084, investments in other companies of $6,000
and automotive & shop equipment $34,961.

  The liabilities acquired in the transaction were accounts payable $219,080 and
long-term debt $15,160. Liabilities exceed assets by $71,895, which would
account for the purchase price paid by Cal Alta Auto Glass, Ltd., using the
historical costs of the items acquired.

     Mr. Aiello, Mrs. Aiello and Mr. Graf received their shares as a result of
the business combination.


     It should be noted that that Cal Alta Auto Glass, Ltd, purchases
approximately 45% of its glass and supplies from Westcan Autoglass, a company
majority owned by Mr. Frank Aiello, the Company's President. Mr. Aiello
currently does not run any auto glass shops of his own. It should be noted that
the Company has many alternative sources of auto glass and supplies besides
Westcsn Autoglass. The Company does use these other suppliers about 55% of the
time. Pricing on the auto glass and supplies provided by Westcan Autoglass to
Cal Alta is consistent with pricing the Company would receive from other
suppliers for these same products.


     For the year ended December 31, 2005, Cal Alta purchased $167,202, in auto
glass and moldings from Westcan Autoglass Supplies, Inc. This amount includes
$1,286, in auto glass held in inventory as of December 31, 2005. Also as of
December 31, 2005, Westcan Autoglass Supplies, Inc. owed the Company $26,072 in
earned discounts.

                                       27
<PAGE>

    For the year ended December 31, 2004, Cal Alta purchased $151,322, in auto
glass and moldings from Westcan Autoglass Supplies. This amount includes $1,245,
in auto glass held in inventory as of December 31, 2004. Also as of December 31,
2004, Westcan Autoglass Supplies, Inc. owed the Company $10,458 in earned
discounts.

The Company owes Westcan Autoglass Supplies, Inc. (a related party) $0 and
$137,804 as of December 31, 2005 and 2004, respectively.



FAA  Enterprises  (a related  party) owes the  Company  loans  receivable  of
$21,813  and  $233,935 as of December  31, 2005 and 2004,
respectively.  For the year ended December 31, 2005, the receivable
from FAA Enterprises  decreased  $212,122.  During 2005 the Company
reduced its payable to Westcan Autoglass  Supplies,  Inc. with the FAA note
receivable.  Frank Aiello,  the Company's  president,  owns'
100% of FAA  Enterprises  and is a majority  shareholder  of Westcan
Autoglass  Supplies,  Inc.  As of December 31, 2005,  FAA
Enterprises  balance due to the Company was $21,813.  Mr.  Aiello,  intends
to pay off the balance of the loan in early 2006,  from FAA
Enterprises.  The  receivable  is not  interest  bearing and is callable at
anytime.  There are no formal loan  agreements  between the
Company and Mr. Aiello or any due dates.  The original amount of this
receivable was $1,048 when the receivable  started in October of
2002.  The  majority  of the loan stems from FAA  Enterprises  being the
private  investment  company of the  company  president  Frank
Aiello.  Mr. Aiello deemed the business  model of the Company to be imperative
upon having a glass supplier in which the Company could
purchase  glass at  wholesale  prices.  FAA  Enterprises  invested  this
capital in Westcan  Autoglass  to create a glass  distribution
operation, whereas Cal Alta now receives wholesale pricing.




For the year ended December 31, 2004, the payable to FAA Enterprises increased
$40,615. The majority of the loan stems from FAA Enterprises being the private
investment company of the company president Frank Aiello. Mr. Aiello deemed the
business model of the Company to be imperative upon having a glass supplier in
which the Company could purchase glass at wholesale prices. FAA Enterprises
invested this capital in Westcan Autoglass to create a glass distribution
operation, whereas Cal Alta now receives wholesale pricing.


It should be noted, that throughout the period in which Cal Alta has purchased
auto glass and supplies from Westcan Autoglass Supplies, the terms for Cal Alta
have been at least as favorable as the Company could have obtained from
unrelated parties.



Item 13.  Exhibits and Reports on 8-K

23.1             Consent Letter
31.1             Certification of the CEO Pursuant to Section 302
                 of the Sarbanes-Oxley Act of 2002
32.1             Certification of the CEO Pursuant to 18 U.S.C. Section 1350, as
                 Adopted Pursuant to Section 906 of the Sarbanes-Oxley
                 Act of 2002.

99.1          Bank Overdraft Agreement


                           List of documents filed as part of this report:
                           (a) Exhibits


ITEM 14.  Principal Accountant Fees and Services

Audit Fees.

     The aggregate fees billed for each of the last two fiscal years for
professional services rendered by Armand C. Ibarra, CPA for
the audit of the Registrant's annual financial statements, and review
of financial statements included in the company's SEC filings
is as follows: 2005: $5,500; and 2004: $11,000.

                                       28
<PAGE>

Audit-Related Fees.

     The aggregate fees billed in each of the last two fiscal years for
assurance and related services by Armando C. Ibarra, CPA, that are reasonably
related to the performance of the audit or review of the Registrant's financial
statements and are not reported under Audit Fees above: $0.

Tax Fees.

     The aggregate fees billed in each of the last two fiscal years for
professional services rendered by Armando C. Ibarra, CPA, for
tax compliance, tax advice, and tax planning is as follows: 2005 $0
 and 2004: $0.

All Other Fees.

     The aggregate fees billed in each of the last two fiscal years for products
and services provided by Armando C. Ibarra, CPA, other than the services
reported above: $0.



                                       29
<PAGE>



                                     Part IV

                                   Signatures

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

                            CAL ALTA AUTO GLASS, INC.

                                                     By:/s/ Frank Aiello

                                                            Frank Aiello
                              President/CEO/ Principal Financial Officer




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


Signature                            Title                                Date



/s/ Frank Aiello_       President/CEO/ Principal Financial Officer    3/26/2006
----------------

Frank Aiello


/s/ Denise Aiello                    Sec. / Treas                      3/26/2006
-----------------
Denise Aiello

                                       S-1