**U.S.      SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON,      D.C. 20549**

**FORM      10-KSB/A**

----

**EXPLORATIONS      GROUP, INC.**

| **Delaware**                                                                                 | **65-1089222**                                                 |
|----------------------------------------------------------------------------------------------|----------------------------------------------------------------|
| (State                or other jurisdiction of incorporation or                organization) | (IRS                EmployerIdentification                No.) |

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**Item      7: Financial Statements**

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| **EXPLORATIONS                GROUP, INC.** |
|---------------------------------------------|
|                                        |   |   |   |   |   |   |   |   |   |
| **BALANCE                SHEET**            |
| **DECEMBER                31, 2004**        |
|                                        |   |   |   |   |   |   |   |   |   |

| **ASSETS**                                                                                         |   |   |       |
|----------------------------------------------------------------------------------------------------|--------|--------|------------|
| **Current                assets:**                                                                 |   |   |       |   |
| Cash                and cash equivalents                                                           |   | $      | 211        |   |
|                                                                                               |   |   |       |   |
| Property                  and equipment, net of accumulated depreciation of $                  132 |   |   | 1,454      |   |
|                                                                                               |   |   |       |   |
| **Other                assets:**                                                                   |   |   |       |   |
| Due                from related parties                                                            |   |   | 84,154     |   |
| Security                deposits                                                                   |   |   | 59,000     |   |
| Total                assets                                                                        |   | $      | 144,819    |   |
|                                                                                               |   |   |       |   |
| **LIABILITIES                AND STOCKHOLDER'S DEFICIT**                                           |   |   |       |   |
|                                                                                               |   |   |       |   |
| **Current                liabilities:**                                                            |   |   |       |   |
| Convertible                bond payable                                                            |   | $      | 25,000     |   |
| Accounts                payable                                                                    |   |   | 17,828     |   |
| Sales                tax payable                                                                   |   |   | 122,720    |   |
| Accrued                expenses and taxes payable                                                  |   |   | 600,849    |   |
|                                                                                               |   |   |       |   |
| Total                current liabilities                                                           |   |   | 766,397    |   |
|                                                                                               |   |   |       |   |
| **Long-term                liabilities:**                                                          |   |   |       |   |
| Security                deposit payable                                                            |   |   | 15,000     |   |
| Total                liabilities                                                                   |   |   | 781,397    |   |
|                                                                                               |   |   |       |   |
| **Commitments                and contingencies**                                                   |   |   |       |   |
|                                                                                               |   |   |       |   |
| **Stockholders'                deficit:**                                                          |   |   |       |   |
| Preferred                stock - A                                                                 |   |   | -          |   |
| Preferred                stock - B                                                                 |   |   | 675        |   |
| Common                stock                                                                        |   |   | 79,445     |   |
| Common                stock - issuable                                                             |   |   | 201        |   |
| Additional                paid-in capital                                                          |   |   | 1,034,560  |   |
| Accumulated                deficit                                                                 |   |   | (1,751,459 | ) |
| Total                stockholder's deficit                                                         |   |   | (636,578   | ) |
|                                                                                               |   |   |       |   |
| Total                liabilities and stockholder's deficit                                         |   | $      | 144,819    |   |

----

| **EXPLORATIONS                GROUP, INC.**     |
|-------------------------------------------------|
|                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **STATEMENT                OF OPERATIONS**      |
| **YEAR                ENDED DECEMBER 31, 2004** |

|                                                         |   |  **Sales** |    | **Cost                of Sales** |   |  **GrossProfit** |   |
|--------------------------------------------------------------|--------|-----------------|---------|----------------------------------|--------|-----------------------|--------|
|                                                         |   |       |    |                        |   |             |   |
| Parking                Revenue                               |   | $               | 730,355 |                             | $      | 696,614               |   | $ | 33,741 |   |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| License                Fee Income                            |   |            |    |                             |   |                  |   |   | 368,000 |   |
| Management                Fee                                |   |            |    |                             |   |                  |   |   | 12,290 |   |
| Other                income                                  |   |            |    |                             |   |                  |   |   | 98,708 |   |
| Total                income                                  |   |            |    |                             |   |                  |   |   | 512,739 |   |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Expenses:                                                    |   |            |    |                             |   |                  |   |   |   |   |
| Personnel                                                    |   |            |    |                             |   |                  |   |   | 76,595 |   |
| General                and administrative                    |   |            |    |                             |   |                  |   |   | 1,329,294 |   |
| Total                expenses                                |   |            |    |                             |   |                  |   |   | 1,405,889 |   |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Loss                before provision for income taxes        |   |            |    |                             |   |                  |   |   | (893,150 | ) |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Provision                for income taxes                    |   |            |    |                             |   |                  |   |   | (16,665 | ) |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Loss                before discontinued operations           |   |            |    |                             |   |                  |   |   | (909,815 | ) |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Loss                from spin-off of discontinued operations |   |            |    |                             |   |                  |   |   | 159,559 |   |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Loss                from discontinued operations             |   |            |    |                             |   |                  |   |   | 36,130 |   |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Loss                from discontinued operations             |   |            |    |                             |   |                  |   |   | 195,689 |   |
|                                                         |   |            |    |                             |   |                  |   |   |   |   |
| Net                loss                                      |   |            |    |                             |   |                  |   | $ | (1,105,504 | ) |

----

**EXPLORATIONS      GROUP, INC.**

**STATEMENT      OF CASH FLOWS**

**YEAR      ENDED DECEMBER 31, 2004**

| **Cash                Flows From Operating Activities:**             |   |   |         |
|----------------------------------------------------------------------|--------|--------|--------------|
|                                                                 |   |   |         |
| Net                loss                                              |   | $      | (1,105,504   | ) |
| Adjustments                to reconcile net loss from operations to  |   |   |         |   |
|  net                cash used in operating activities:          |   |   |         |   |
|                                                                 |   |   |         |   |
|  Loss                from discontinued operations               |   |   | 195,689      |   |
|  Depreciation                                                   |   |   | 132          |   |
|  Stock                based compensation                        |   |   | 333,369      |   |
|  Bad                debt expense                                |   |   | 70,611       |   |
|  Settlement                income                               |   |   | (14,400      | ) |
|                                                                 |   |   |              |   |
| Changes                in assets and liabilities:                    |   |   |         |   |
|  Other                current assets                            |   |   | 68,045       |   |
|  Other                assets                                    |   |   | 74,000       |   |
|  Accounts                payable                                |   |   | 136,548      |   |
|  Accrued                expenses                                |   |   | 199,849      |   |
|  Advanced                parking fee revenues                   |   |   | (10,000      | ) |
|  Due                to landlords                                |   |   | (212,000     | ) |
|  Deferred                rent                                   |   |   | (76,000      | ) |
|  Income                taxes payable                            |   |   | (137,000     | ) |
|                                                                 |   |   |              |   |
| Net                Cash Used In Operating Activities                 |   |   | (476,661     | ) |
|                                                                 |   |   |         |   |
| **Cash                Flows from Investing Activities:**             |   |   |         |   |
|                                                                 |   |   |         |   |
| Purchase                of property and equipment                    |   |   | (1,586       | ) |
|                                                                 |   |   |         |   |
| **Cash                Flows from Financing Activities:**             |   |   |         |   |
|                                                                 |   |   |         |   |
| Proceeds                from issuance of convertible bond            |   |   | 25,000       |   |
| Issuance                of common stock                              |   |   | 556,612      |   |
| Payments                to related parties                           |   |   | (84,154      | ) |
| Offering                costs paid                                   |   |   | (27,000      | ) |
|                                                                 |   |   |              |   |
| Net                Cash Provided By Financing Activities             |   |   | 470,458      |   |
|                                                                 |   |   |              |   |
| Net                Decrease in Cash                                  |   |   | (7,789       | ) |
|                                                                 |   |   |         |   |
| Cash                - Beginning of Year                              |   |   | 8,000        |   |
|                                                                 |   |   |              |   |
| Cash                - End of Year                                    |   | $      | 211          |   |
|                                                                 |   |   |              |   |
| **SUPPLEMENTAL                DISCLOSURE OF CASH FLOW INFORMATION:** |   |   |              |   |
|                                                                 |   |   |         |   |
| **Cash                Paid During the Year for Interest and Taxes:** |   |   |         |   |
| Income                taxes                                          |   | $      |    |   |
| Interest                                                             |   | $      |         |   |
|                                                                 |   |   |         |   |
| **Non-cash                Investing and Financing Activities:**      |   |   |         |   |
| Common                stock issued for debt                          |   | $      | 308,400      |   |

----

**EXPLORATIONS      GROUP, INC.**

**STATEMENT      OF CHANGES IN CAPITAL DEFICIENCY**

**DECEMBER      31, 2004**

|                                                         |   | **ConvertiblePreferred                Stock A** |    | **Convertible****Preferred                    Stock B** |   | **Common                    Stock****$.01                    Par Value** |   | **Common                    Stock****Issuable****$.01                    Par Value** |   | **AdditionalPaid-in** |   | **Accumulated** |   | **Total****Stock-holders'** |      |
|--------------------------------------------------------------|--------|-------------------------------------------------|---------|---------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------|--------|-----------------------|--------|-----------------|--------|-----------------------------|-----------|
|                                                         |   | **Shares**                                      |    | **Amount**                                              |   | **Shares**                                                               |   | **Amount**                                                                           |   | **Shares**            |   | **Amount**      |   | **Shares**                  |      | **Amount** |   | **Capital** |   | **Deficit** |   | **Deficit** |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |
| Balance                at December 31, 2003                  |   |                                            | -       |                                                    | $      | -                                                                        |   |                                                                                 | 67,500 |                  | $      | 675             |   |                        | 750,000   |   | $ | 7,500 |   |   | - |   | $ | - |   | $ | (8,175 | ) | $ | (645,955 | ) | $ | (645,955 | ) |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Recapitalization                of company                   |   |                                            | 23,536  |                                                    |   | 235                                                                      |   |                                                                                 | -      |                  |   | -               |   |                        | 3,293,567 |   |   | 32,936 |   |   | 13,111 |   |   | 131 |   |   | 131,810 |   |   | - |   |   | 165,112 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Sale                of common stock, net                     |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 1,340,000 |   |   | 13,400 |   |   | - |   |   | - |   |   | 321,600 |   |   | - |   |   | 335,000 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Offering                costs paid                           |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | -         |   |   | - |   |   | - |   |   | - |   |   | (27,000 | ) |   | - |   |   | (27,000 | ) |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 155,000   |   |   | 1,550 |   |   | 7,000 |   |   | 70 |   |   | 38,880 |   |   | - |   |   | 40,500 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for debt                  |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 888,000   |   |   | 8,880 |   |   | - |   |   | - |   |   | 299,520 |   |   | - |   |   | 308,400 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Conversion                of stock                           |   |                                            | (23,536 | )                                                       |   | (235                                                                     | )      |                                                                                 | -      |                  |   | -               |   |                        | 470,720   |   |   | 235 |   |   | - |   |   | - |   |   |   |   |   | - |   |   | - |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 90,000    |   |   | 900 |   |   | - |   |   | - |   |   | 35,100 |   |   | - |   |   | 36,000 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 100,000   |   |   | 1,000 |   |   | - |   |   | - |   |   | 35,000 |   |   | - |   |   | 36,000 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 26,000    |   |   | 260 |   |   | - |   |   | - |   |   | 4,940 |   |   | - |   |   | 5,200 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 100,846   |   |   | 1,008 |   |   | - |   |   | - |   |   | 19,161 |   |   | - |   |   | 20,169 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 380,500   |   |   | 3,805 |   |   | - |   |   | - |   |   | 72,295 |   |   | - |   |   | 76,100 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 380,500   |   |   | 3,805 |   |   | - |   |   | - |   |   | 72,295 |   |   | - |   |   | 76,100 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 8,250     |   |   | 83 |   |   | - |   |   | - |   |   | 1,567 |   |   | - |   |   | 1,650 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 8,250     |   |   | 83 |   |   | - |   |   | - |   |   | 1,567 |   |   | - |   |   | 1,650 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 200,000   |   |   | 2,000 |   |   | - |   |   | - |   |   | 18,000 |   |   | - |   |   | 20,000 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 100,000   |   |   | 1,000 |   |   | - |   |   | - |   |   | 9,000 |   |   | - |   |   | 10,000 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common                stock issued for services              |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | 100,000   |   |   | 1,000 |   |   | - |   |   | - |   |   | 9,000 |   |   | - |   |   | 10,000 |   |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                loss for the year ended December 31, 2004 |   |                                            | -       |                                                    |   | -                                                                        |   |                                                                                 | -      |                  |   | -               |   |                        | -         |   |   | - |   |   | - |   |   | - |   |   | - |   |   | (1,105,504 | ) |   | (1,105,504 | ) |
|                                                         |   |                                            |    |                                                    |   |                                                                     |   |                                                                                 |   |                  |   |            |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance                at December 31, 2004                  |   |                                            | -       |                                                    | $      | -                                                                        |   |                                                                                 | 67,500 |                  | $      | 675             |   |                        | 8,391,633 |   | $ | 79,445 |   |   | 20,111 |   | $ | 201 |   | $ | 1,034,560 |   | $ | (1,751,459 | ) | $ | (636,578 | ) |

----

**EXPLORATIONS      GROUP, INC.**

**NOTES      TO FINANCIAL STATEMENTS**

**DECEMBER      31, 2004**

**1.                  **
**Summary      of significant accounting policies:**

|   | **General:** |
|--------|--------------|

**Basis      of consolidation:**

**Cash      and cash equivalents:**

**Concentration      of credit risk:**

----

**EXPLORATIONS      GROUP, INC.**

**NOTES      TO FINANCIAL STATEMENTS**

**DECEMBER      31, 2004**

**1.                 **
**Summary      of significant accounting policies (continued):**

**Property      and equipment:**

**Advertising      costs:**

**Income      taxes:**

**Use      of estimates:**

**Revenue      recognition:**

----

**EXPLORATIONS      GROUP, INC.**

**NOTES      TO FINANCIAL STATEMENTS**

**DECEMBER      31, 2004**

**2.            **
**Reorganization:**

**3.                  **
**Related      party transactions:**

| **4.** | **License                agreement:** |
|--------|---------------------------------------|

**5.                 **
**Management      agreement:**

| Year                ending December                31,  |   | Amount |    |
|-------------------------------------------------------------------|--------|--------|---------|
|                                                              |   |   |    |
| 2005                                                    |   | $      | 286,000 |   |
| 2006                                                    |   |   | 288,000 |   |
| 2007                                                    |   |   | 60,000  |   |
|                                                              |   |   |    |   |
|                                                              |   | $      | 634,000 |   |

----

**EXPLORATIONS      GROUP, INC.**

**NOTES      TO FINANCIAL STATEMENTS**

**DECEMBER      31, 2004**

**6.                  **
**Common      stock:**

----

**EXPLORATIONS      GROUP, INC.**

**NOTES      TO FINANCIAL STATEMENTS**
**DECEMBER      31, 2004**

**6.                 **
**Common      stock (continued):**

**7.                 **
**Going      concern:**

**8.                 **
**Commitments      and contingencies:**
** **

----

|                                                                                                                              |   |   |   |
|-----------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| By              /s/ Eric Brown                                                                                                    |   |   |   |
| (Eric                Brown, Chief ExecutiveOfficer,                Chief Financial Officer,President                and Director) |   |   |        |

| Signature                     |   | Title                                                                       |   | Date                          |
|-------------------------------|--------|-----------------------------------------------------------------------------|--------|-------------------------------|
|                          |   |                                                                        |   |                          |
| /s/                Eric Brown |   | Chief                Executive Officer,                                     |   | August                3, 2006 |
| (Eric                Brown)   |   | Chief                Financial OfficerPresident                and Director |   |                          |
|                          |   |                                                                        |   |                          |
| /s/                Ian Brown  |   | Director                                                                    |   | August                3, 2006 |
| (Ian                Brown)    |   |                                                                        |   |                          |

----