<Page>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                     -------

                                   FORM 10-QSB

(Mark One)

[X]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934
        For the quarterly period ended   MAY 31, 2007
                                         ---------------------------------------
                                       OR
[ ]     TRANSACTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
        EXCHANGE ACT OF 1934
        For the transition period from                    to
                                        ------------------    ------------------

        Commission file number:    0-25758
                                   ---------------------------------------------

                       MULTI-MEDIA TUTORIAL SERVICES, INC.
--------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)

              DELAWARE                                   73-1293914
---------------------------------------    -------------------------------------
   (State of Other Jurisdiction of            (I.R.S. Employer Identification
    Incorporation or Organization)                         Number)

       1214 EAST 15TH STREET
            BROOKLYN, NY                                   11230
---------------------------------------    -------------------------------------
       (Address of Principal                            (Zip Code)
         Executive Offices)

                                 (718) 758-3807
--------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


--------------------------------------------------------------------------------
              (Former Name, Former Address and Former Fiscal Year,
                         If Changed Since Last Report)

      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 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 whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).
                                                                  [ ] Yes [X] No

      State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date. 50,761,422 SHARES OF COMMON
STOCK, PAR VALUE $0.0001 PER SHARE, ISSUED AND OUTSTANDING AS OF JULY 20, 2007.

      Transitional Small Business Disclosure Format (check one): [ ] Yes [X] No


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

                                                                            PAGE
                                                                            ----

PART I - FINANCIAL INFORMATION                                               F-1
Item 1.  Financial Statements                                                F-1
Item 2.  Management's Discussion and Analysis or Plan of Operation             2
Item 3.  Controls and Procedures                                               4

PART II - OTHER INFORMATION                                                    5
Item 1.  Legal Proceedings                                                     5
Item 2.  Unregistered Sale of Equity Securities and Use of Proceeds            5
Item 3.  Defaults Upon Senior Securities                                       6
Item 4.  Submission of Matters to a Vote of Security Holders                   6
Item 5.  Other Information                                                     6
Item 6.  Exhibits                                                              7

SIGNATURES                                                                     8


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<CAPTION>
<S>                                                                           <C>
                                               PART I
                                       FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS.

                                                MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARY
                                                                        CONSOLIDATED BALANCE SHEET
                                                                                      MAY 31, 2007
--------------------------------------------------------------------------------------------------
                                                                                       (Unaudited)

                                               ASSETS

CURRENT ASSETS
    Cash                                                                         $         141,041
    Accounts receivable, less allowance for
         doubtful accounts of $21,997                                                       49,084

    Inventories                                                                              6,730
    Prepaid expenses                                                                        61,225
                                                                                -------------------
         Total current assets                                                              258,080
                                                                                -------------------

FURNITURE AND EQUIPMENT, net                                                                12,404
INTANGIBLE ASSETS, net                                                                      47,850
OTHER ASSETS                                                                                30,136
                                                                                -------------------

                                                                                 $         348,470
                                                                                ===================

                               LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
    Notes payable                                                                $       2,205,525
    Accounts payable and accrued expenses                                                4,090,489
                                                                                -------------------
         Total Current Liabilities                                                       6,296,014
                                                                                -------------------

LONG TERM DEBT:
    Notes Payable, net of discount of $195,061                                             304,939

STOCKHOLDERS' DEFICIT
    Preferred stock, Series A, $0.01 par value
         1,000,000 shares authorized
         no shares issued and outstanding                                                        -
    Preferred stock, Series B, $0.01 par value
         50 shares authorized
         no shares issued and outstanding                                                        -
    Common stock, $0.0001 par value
         100,000,000 shares authorized
         46,726,917 shares issued and outstanding                                            4,673
    Stock subscription receivable                                                           (4,000)
    Additional paid-in capital                                                          14,628,772
    Accumulated deficit                                                                (20,881,928)
                                                                                -------------------
         Total Stockholders' Deficit                                                    (6,252,483)
                                                                                -------------------

                                                                                 $          348,470
                                                                                ===================


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

                                                F-1

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                                              MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARY
                                                           CONSOLIDATED STATEMENTS OF OPERATIONS
------------------------------------------------------------------------------------------------

                                                                For the Three Months Ended
                                                                          May 31,
                                                          --------------------------------------
                                                                2007                 2006
                                                          -----------------    -----------------
                                                            (Unaudited)            (Unaudited)

NET SALES                                                  $       179,742      $       246,319
COST OF SALES                                                       28,865               16,931
                                                          -----------------    -----------------
GROSS PROFIT                                                       150,877              229,388

SELLING, GENERAL AND ADMINISTRATIVE                                457,921              304,100
                                                          -----------------    -----------------

LOSS FROM OPERATIONS                                              (307,044)             (74,712)
                                                          -----------------    -----------------

OTHER INCOME (EXPENSE)
    Cancellation of Debt                                           46,174
    Interest Expense                                             (127,291)              (56,973)
                                                          -----------------    -----------------
         Total other expense                                      (81,117)              (56,973)
                                                          -----------------    -----------------

NET LOSS                                                   $     (388,161)      $      (131,685)
                                                          =================    =================

BASIC AND DILUTED LOSS PER SHARE                           $        (0.01)      $         (0.00)
                                                          =================    =================

WEIGHTED-AVERAGE SHARES OUTSTANDING                            44,703,004            37,220,667
                                                          =================    =================


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

                                               F-2

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                                                                   MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARY
                                                                                CONSOLIDATED STATEMENTS OF CASH FLOWS
---------------------------------------------------------------------------------------------------------------------

                                                                                     For the Three Months Ended
                                                                                              May 31,
                                                                             ----------------------------------------
                                                                                    2007                 2006
                                                                             -------------------  -------------------
                                                                                 (Unaudited)          (Unaudited)

CASH FLOWS FROM OPERATING ACTIVITIES
    Net loss                                                                  $        (388,161)   $        (131,685)
Adjustments to reconcile net loss to net cash
    used in operating activities
        Depreciation and amortization                                                     7,429                7,857
        Forgiveness of debt                                                             (46,174)                   -
        Amortization of prepaid contract for service                                     10,938                    -
        Amortization of deferred compensation                                             9,875                    -
        Amortization of discount on debt                                                 57,351                  293
        Non-cash expense related to amortization of prepaid
            consulting expenses acquired with notes payable                                   -                7,292
        Stock based compensation                                                         99,378                4,578
        Common stock issued for:
            Services                                                                     58,500                    -
Changes in Operating assets and Liabilities:
    Accounts receivable                                                                  13,750               13,246
    Inventories                                                                             671                4,765
    Prepaid expenses and other assets                                                   (40,229)              (1,256)
    Accounts Payable and accrued expenses                                                 8,826               18,624
                                                                             -------------------  -------------------
Net cash used in operating activities                                                  (207,846)             (76,286)
                                                                             -------------------  -------------------

CASH FLOWS FROM INVESTING ACTIVITIES
    Purchase of furniture and equipment                                                  (1,500)                   -
    Increase in intangibles                                                              (1,800)             (12,101)
    Decrease in cash deficit                                                            (16,113)                   -
                                                                             -------------------  -------------------
Net cash used in investing activities                                                   (19,413)             (12,101)
                                                                             -------------------  -------------------

CASH FLOWS FROM FINANCING ACTIVITIES
    Proceeds from issuance of notes payable                                             450,000               87,500
    Repayment of note payable                                                           (81,700)              (1,000)
                                                                             -------------------  -------------------
Net cash provided by financing activities                                               368,300               86,500
                                                                             -------------------  -------------------

Net increase (decrease) in cash                                                         141,041               (1,887)

CASH, BEGINNING OF PERIOD                                                                     -                2,654
                                                                             -------------------  -------------------

CASH, END OF PERIOD                                                           $         141,041    $             767
                                                                             ===================  ===================

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
    INTEREST PAID                                                             $               -    $               -
                                                                             ===================  ===================
    INCOME TAXES PAID                                                         $               -    $               -
                                                                             ===================  ===================

NON-CASH INVESTING AND FINANCING ACTIVITIES
    Common stock issued:
         Settlement of accounts payable and accrued expenses                  $               -    $          12,500
                                                                             ===================  ===================
         With issuance of debt                                                $         236,250    $           5,275
                                                                             ===================  ===================
         Exercise of option / stock subscription receivable                   $               -    $           4,000
                                                                             ===================  ===================
         Deferred compensation paid in common stock                           $          97,000    $               -
                                                                             ===================  ===================
         Conversion of debt to common stock                                   $          50,000    $               -
                                                                             ===================  ===================
    Debt issued for
         Consulting services                                                  $               -    $          87,500
                                                                             ===================  ===================


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

                                                          F-3
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              MULTI-MEDIA TUTORIAL SERVICES, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                FOR THE THREE MONTHS ENDED MAY 31, 2007 AND 2006
                                   (UNAUDITED)
--------------------------------------------------------------------------------

NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements of Multi-Media
Tutorial Services, Inc. (the "Company") have been prepared in accordance with
generally accepted accounting principles for interim financial information and
in accordance with the instructions to Form 10-QSB. Accordingly, they do not
include all of the information and footnotes required by generally accepted
accounting principles for complete financial statements. In the opinion of
management, all material adjustments (consisting of normal recurring accruals)
considered necessary for a fair presentation have been included. Operating
results for the three month period ended May 31, 2007 are not necessarily
indicative of the results that may be expected for the year ended February 28,
2008. The information contained in this Form 10-QSB should be read in
conjunction with the audited financial statements filed as part of the Company's
Form 10-KSB for the year ending February 28, 2007.

NOTE 2 - GOING CONCERN

The accompanying consolidated financial statements have been prepared assuming
that the Company will continue as a going concern. The Company has suffered
recurring losses and has an accumulated deficit of approximately $20,882,000 and
a working capital deficiency of approximately $6,038,000 at May 31, 2007. The
Internal Revenue Service has placed a tax lien on substantially all of the
Company's assets as the Company is in arrears on payment of payroll taxes,
accrued prior to February 28, 2004 approximating $500,000. These conditions
raise substantial doubt about the Company's ability to continue as a going
concern. Management's plans with respect to these matters include restructuring
its existing debt, settling its existing debt by issuing shares of its common
stock and raising additional capital through future issuance of stock and or
debentures. The accompanying financial statements do not include any adjustments
that might be necessary should the Company be unable to continue as a going
concern.

NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

PRINCIPLES OF CONSOLIDATION

The consolidated financial statements include the accounts of Multi-Media
Tutorial Services, Inc. ("MMTS") and its wholly-owned subsidiaries, Video
Tutorial Services, Inc. ("VTS") and Math Channel, Inc. ("Math Channel"). All
significant intercompany transactions and balances have been eliminated in
consolidation. Action Telesales and Communications, Inc. is an affiliated
company of the Company which handles the billing process for MMTS and VTS. All
intercompany transactions have been eliminated.

ESTIMATES

In preparing financial statements in conformity with generally accepted
accounting principles, management makes estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosures of contingent
assets and liabilities at the date of the financial statements, as well as the
reported amounts of revenues and expenses during the reporting period. Actual
results could differ from those estimates.

CASH AND CASH EQUIVALENTS

The Company classifies highly liquid temporary investments with an original
maturity of three months or less when purchased as cash equivalents.

CONCENTRATION OF CREDIT RISK FOR CASH HELD AT BANKS

The Company maintains cash in bank deposit accounts which, at times, exceed
federally insured limits. The Company has not experienced any losses on these
accounts.

                                      F-4

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FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company measures its financial assets and liabilities in accordance with
generally accepted accounting principles. For certain of the Company's financial
instruments, including cash and cash equivalents, accounts receivable, accounts
payable, and accrued payroll and other expenses, the carrying amounts
approximate fair value due to their short maturities. The amount shown for notes
payable also approximates fair value because the current interest rates offered
to the Company for debt of similar maturities are substantially the same.

STOCK BASED COMPENSATION

Effective March 1, 2006, the Company began recording compensation expense
associated with stock-based awards and other forms of equity compensation in
accordance with Statement of Financial Accounting Standards No. 123-R,
Share-Based Payment, ("SFAS 123R") as interpreted by SEC Staff Accounting
Bulletin No. 107. The Company adopted the modified prospective transition method
provided for under SFAS 123R and consequently has not retroactively adjusted
results from prior periods. Under this transition method, compensation cost
associated with stock-based awards recognized in the first quarter of fiscal
year 2007 included 1) quarterly amortization related to the remaining unvested
portion of stock-based awards granted prior to December 15, 2005, based on the
grant date fair value estimated in accordance with the original provisions of
Statement of Financial Accounting Standards No. 123, Accounting for Stock-Based
Compensation, ("SFAS 123"); and 2) would include quarterly amortization related
to stock-based awards granted subsequent to March 1, 2006, based on the
grant-date fair value estimated in accordance with the provisions of SFAS 123R.
In addition, the Company records expense over the vesting period in connection
with stock options granted. The compensation expense for stock-based awards
includes an estimate for forfeitures and is recognized over the expected term of
the award on a straight line basis.

Prior to March 1, 2006, the Company accounted for stock-based awards using the
intrinsic value method of accounting in accordance with Accounting Principles
Board Opinion No. 25, "Accounting for Stock Issued to Employees" ("APB 25").
Under the intrinsic value method of accounting, no compensation expense was
recognized in the Company's consolidated statements of operations when the
exercise price of the Company's employee stock option grant equaled the market
price of the underlying common stock on the date of grant and the measurement
date of the option grant is certain. Under SFAS 123R, the Company remeasures the
intrinsic value of the options at the end of each reporting period until the
options are exercised, cancelled or expire unexercised. As of May 31, 2007,
there are 1,160,000 options with a weighted average exercise price of $.07 and a
weighted average remaining life of approximately 8.34 years, remaining
outstanding and continue to be remeasured at the intrinsic value over their
remaining vesting period ranging from 1/4 years to 3-1/2 years. Compensation
expense in any given period is calculated as the difference between total earned
compensation at the end of the period, less total earned compensation at the
beginning of the period. Compensation earned is calculated on a straight line
basis over the requisite service period for any given option award.

When the stock options are granted, the fair value of each option grant is
estimated on the date of grant using the Black-Scholes valuation model and the
assumptions noted in the following table. The assumptions in the table below are
weighted based on all options granted in the respective period.

                                      For the Three Months Ended May 31,
                                   ---------------------------------------
                                          2007                 2006
                                   ------------------   ------------------
    Risk free interest rate               4.64%                  *
    Expected life                           10                   *
    Dividend rate                            0%                  *
    Expected volatility                    271%                  *

    -------------
    * The Company did not grant any Options during the three months ended
        May 31, 2006

During the quarter ended May 31, 2007 the Company granted options for 500,000
shares of the Company's common stock to the Company's CEO and President at an
exercise price of $0.10 per share. These options were valued with the use of the
Black-Scholes valuation model at $0.10 per share, or $50,000. These options are
exercisable upon grant, and accordingly their entire value has been expensed as
a general and administrative expense for the three months ended May 31, 2007.
These options expire ten years from the date of grant.

                                      F-5

<Page>

During the quarter ended May 31, 2007 the Company extended the exercise period
of options, for 1,000,000 shares of the Company's common stock that originally
had a five year life and had expired in January 2007. These options have been
extended for five additional years until January 2012. The original exercise
price of $0.07 per share has not been amended. These options were granted to the
Company's CEO and President. These options, with their extended exercise period,
were valued with the use of the Black-Scholes valuation model at $0.0448 per
share, or $44,800. These options are exercisable upon grant, and accordingly
their entire value has been expensed as a general and administrative expense for
the three months ended May 31, 2007.

The Company recorded $99,378 and $4,578 of compensation expense, net of related
tax effects, relative to stock options for the quarters ended May 31, 2007 and
2006, respectively, in accordance with SFAS 123R. Included in such expense for
the quarter ended May 31, 2007 is the expenses associated with the granting of
the above mentioned options for 500,000 shares at $0.10, and the extension of
the expiration date of options for 1,000,000 shares at $0.07, both these options
granted to the Company's President and CEO. Net loss per share, basic and
diluted, for SFAS 123R expense is approximately ($0.00) and ($0.00), for the
quarters ended May 31, 2007 and 2006, respectively.

As of May 31, 2007, there is approximately $53,262 of total unrecognized
compensation costs related to granted stock options that are unvested. These
costs are expected to be recognized over a weighted average period of 3-1/2
years.

NOTE 4 - NOTES PAYABLE

-     Short-term Notes Payable

As of May 31, 2007 the Company was obligated for the following short term, or
due upon demand, notes payable:

<TABLE>
<CAPTION>
<S>                                                                           <C>
      a)   10% notes, unsecured, payable on demand. These advances accrue
            interest based on an annualized rate of 10% per annum. During the
            quarter ended May 31, 2007 the Company repaid $81,700 of these
            demand notes payable                                                    490,613

      b)   During the year ended February 28, 2007, the Company issued at
            various times, demand notes totaling $124,846 for cash. These notes
            accrue interest at 10% per annum. In lieu of cash payment the
            Company may redeem these notes, and any accrued interest, with the
            issuance of Series E unsecured convertible promissory notes.

            On April 10, 2006, the Company issued demand notes totaling $87,500
            for consulting services to be performed by the note holders over a
            twenty-four month period, subsequent to the issuance of these notes
            payable. These notes accrue interest at 10% per annum. In lieu of
            cash payment the Company may redeem these notes, and any accrued
            interest, with the issuance of Series E unsecured convertible
            promissory notes ("Series E"). The Company has recorded the issuance
            of these notes payable for consulting services as a prepaid expense
            of $87,500 that is being expensed over the twenty four month period
            of the consulting agreement. During the year quarter ended May 31,
            2007, the Company expensed $10,938, of this deferred compensation.

                                      F-6

<Page>

            In February 2007, a total of $75,000 of these demand notes redeemed
            their note principal (accrued interest paid subsequent to February
            28, 2007) for Series E notes. Under the terms of the Series E note,
            the note holder upon issuance of Series E receives 5 shares of
            common stock for each $1 of debt, for a total of 375,000 share of
            common stock. These shares have been valued at $29,950, and have
            been recorded as a discount on debt, that was to have been amortized
            and expensed as interest over the life of the debt, or until such
            time as the debt was converted. The Series E debt is convertible at
            $.50 per share, or 50 percent of the average closing bid during the
            five trading days prior to the note holder giving notice of
            conversion, but not lower than $.10 per share. This note, including
            accrued interest, was due and payable in February 2010. In February
            2007, these demand note holders, upon conversion into these Series E
            notes, converted all $75,000 Series E principal into 750,000 shares
            of common stock valued at $0.10 per share or $75,000. The $29,950
            discount on debt was fully expensed as interest upon conversion of
            the Series E into common stock.

            In March 2007, one of these notes payable for $50,000 of redeemed
            their note principal for a Series E note. Under the terms of the
            Series E note, the note holder upon issuance of Series E receives 5
            shares of common stock for each $1 of debt, for a total of 250,000
            share of common stock. These shares have been valued at $31,250, and
            have been recorded as a discount on debt, that was to have been
            amortized and expensed as interest over the life of the debt, or
            until such time as the debt was converted. In addition, the company
            recognized a beneficial conversion of $12,500 related to the Series
            E. As Series E are immediately convertible to common stock, this
            Series E was issued and convertible at a rate below market on the
            date of issuance of the Series E. The Series E debt is convertible
            at $.50 per share, or 50 percent of the average closing bid during
            the five trading days prior to the note holder giving notice of
            conversion, but not lower than $.10 per share. This Series E note,
            including accrued interest, was due and payable in March 2010. On
            the date of conversion from a demand note to a Series E note, the
            note holder converted the $50,000 Series E principal into 500,000
            shares of common stock valued at $0.10 per share or $50,000. The
            $31,250 discount on debt, plus the $12,500 beneficial conversion
            feature, was fully amortized, and recorded as an interest expense
            upon conversion of the Series E into common stock.                       86,846

      c)   8% notes, unsecured, payable on demand. These advances accrue
            interest based on an annualized rate of 8% per annum.                   750,000

      d)   Non-interest bearing notes, unsecured, payable on demand. During the
            year ended February 28, 2007, the Company repaid $1,000 of these
            notes payable.                                                          201,676

      e)   17% convertible unsecured notes payable on demand; the notes are
            convertible into common stock at a price of $1.2656 per share or an
            alternate conversion of 75% of the closing bid for the first five
            trading days prior to conversion. The alternate conversion price
            cannot be lower than $0.55 per share, or more than $3.55 per share.     250,000

      f)   10% convertible unsecured notes, payable on demand. The notes are
            convertible into common stock at a price of the lesser of $.50 or
            50% of the average closing bid during the five trading days prior to
            notice of conversion, but not lower than $.10 per share.                401,390

      g)   10% convertible notes payable variously in 2006; the notes are
            convertible into common stock at the lesser of $.50 or 50% of the
            average of the closing bid price in the over the counter market
            during the five business days ending on the day before the holder
            gives notice of conversion, but not lower than $.10 per share.

            During the year ended February 28, 2007, a total of $50,000 of these
            notes payable including accrued interest of $17,000, converted into
            670,000 shares of the Company's common stock at $0.10 per share.         25,000
                                                                                -----------

                                                                                $ 2,205,525
                                                                                ===========

                                      F-7

<Page>

Certain of the above notes payable are from stockholders of the Company.

-     Long-Tern Note Payable:

As of May 31, 2007 the Company was obligated for the following long-term notes
payable:

            On April 10, 2006, the Company issued a 10% unsecured convertible
            promissory note in the amount of $50,000, referred $ 50,000 to as
            "Series E" notes. Issued with the debt, were 250,000 shares of the
            Company's common stock value at $5,275, which the Company recorded
            as a discount on debt that is being amortized and expensed as
            interest over the life of the debt, or until such time as the debt
            is converted. During the year ended February 28, 2007 the Company
            amortized $1,613, of this debt discount. The debt is convertible at
            $.50 per share or 50 percent of the average closing bid during the
            five trading days prior to the note holder giving notice of
            conversion, but not lower than $.10 per share. This note, including
            accrued interest, is due and payable on or before April 10, 2009,
            and is classified as long term debt.                                $    50,000

            In March and April 2007, the Company issued an additional $450,000
            of Series E notes payable. Issued with this debt were 2,250,000
            shares of the Company's common stock value at $205,000, which the
            Company recorded as a discount on debt that is being amortized and
            expensed as interest over the life of the debt, or until such time
            as the debt is converted. During the quarter ended May 31, 2007 the
            Company amortized $13,161, of this debt discount. These Series E
            notes payable have a 3 year life from the date of issuance. The debt
            is convertible at $.50 per share or 50 percent of the average
            closing bid during the five trading days prior to the note holder
            giving notice of conversion, but not lower than $.10 per share.         450,000
                                                                                -----------
                                                                                    500,000
                                                                                -----------
            Less: Unamortized portion of Debt Discount                             (195,061)
                                                                                -----------
                                                                                $   304,939
                                                                                ===========
</TABLE>

NOTE 5 - COMMON STOCK

-     Related to the conversion of a 50,000 demand note payable into a Series E
      note payable the Company issued 250,000 share of common stock. These
      shares have been valued at $31,250, and have been recorded as a discount
      on debt, that was to have been amortized and expensed as interest over the
      life of the debt, or until such time as the debt was converted. In
      addition, the company recognized a Beneficial conversion of $12,500
      related to the Series E having an immediate conversion provision that was
      below market on the date of conversion. The Series E debt is convertible
      at $.50 per share, or 50 percent of the average closing bid during the
      five trading days prior to the note holder giving notice of conversion,
      but not lower than $.10 per share. This Series E note, including accrued
      interest, was due and payable in March 2010. On the date of conversion
      from a demand note to a Series E note, the note holder converted the
      $50,000 Series E principal into 500,000 shares of common stock valued at
      $0.10 per share or $50,000.

-     In March and April 2007, the Company issued an additional $450,000 of
      Series E notes payable. Issued with this debt were 2,250,000 shares of the
      Company's common stock value at $205,000, which the Company recorded as a
      discount on debt that is being amortized and expensed as interest over the
      life of the debt, or until such time as the debt is converted.

-     In March 2007, the Company entered into a one year advertising and
      marketing consulting agreement. Under the terms of this agreement the
      Company is required to issue 100,000 shares of common stock each month
      commencing in March 2007. A total of 1,000,000 shares of common stock are
      to be to be issued under this agreement. During each of the three months
      in the quarter ended May 31, 2007 the Company issued 100,000 shares of
      common stock, for a total of 300,000 shares of common stock. These shares
      were valued at market on their dates of issue. The Company has recorded
      the issuance of these shares as a consulting expense included in selling,
      general and administrative expenses.

                                      F-8

<Page>

-     In May 2007, the Company entered into an investor relations consulting
      agreement. This agreement has a one year term, and requires the issuance
      of 750,000 shares of common stock upon commencement. These shares have a
      market value of $57,000, and have been recorded as a deferred compensation
      expense, netted against Additional Paid in Capital. As services commence
      under this agreement, a pro-rata share of the deferred compensation is
      expensed. As of May 31, 2007, and for the quarter then ended a total of
      $2,375 has been expensed for this consulting agreement.

-     In March 2007, the Company entered into a financial consulting agreement.
      This agreement has a one year term, and requires the issuance of 500,000
      shares of common stock. Services under this agreement are set to commence
      in June 2007. These shares have a market value of $40,000, and have been
      recorded as a deferred compensation expense, netted against Additional
      Paid in Capital. As of May 31, 2007, no compensation expense has been
      recognized under this agreement, as services have not commenced.

-     During the quarter ended May 31, 2007 the Company expensed the remaining
      deferred compensation cost of $7,500 related to a consulting agreement
      entered into in June 2006 and paid for in common stock, which concluded in
      May 2007.

-     During the quarter ended May 31, 2007 the Company issued 350,000 shares of
      common stock for financial related services valued at market for a total
      of $31,500. This expense has been recorded as a selling, general and
      administrative expense.

NOTE 6 - CANCELLATION OF DEBT

In June 2007 the Company settled an outstanding debt with a creditor for
less than the amount owed. This total forgiveness of debt was included in the
financial statements, in other income and expenses for the quarter ended May 31,
2007. The debt originally for $63,674 was settled for 17,500; the difference of
$46,174 was forgiven. The settlement amount was paid in July 2007.

NOTE 7 - COMMITMENTS AND CONTINGENCIES

Commitments:

      Financial Consulting Agreement:

      In March 2007 the Company entered into a financial consulting
      agreement for a twenty-four month period. Under the terms of this
      agreement, the consultant is to receive 10% of all monies raised, should
      an investment, merger, joint-venture, financing or similar transaction be
      consummated between the Company and any party introduced by the
      consultant. The consultant procured $400,000 of the Series E notes that
      were issued during the quarter ended May 31, 2007. The resultant $40,000
      financing charge from this financing has been recorded as a prepaid
      expense and is to be amortized over the three year life of the Series E
      notes, or until such time that the Series E notes are converted. The
      Company has amortized $2,431 of this prepaid financing, which is accounted
      for as interest expense for the quarter ended May 31, 2007.

Contingencies:

      The Company is subject to litigation in the normal course of business, and
      claims may arise from time to time. Presently the Company is not aware of
      any pending or threatened litigation and has not provided a reserve or an
      accrual for any such contingencies.

      The Company has a significant amount of debt and notes payable that have
      been recorded. In certain instances, the Company has been involved, and
      may be involved in the future, in litigation due to non-payment of debt
      and notes payable.

                                      F-9

<Page>

NOTE 8 - SUBSEQUENT EVENTS

-     In June 2007, the Company issued two Series E notes for $50,000 each, for
      a total of $100,000. In accordance with Series E notes, the Company issued
      1,000,000 shares of common stock to be recorded as a debt discount. The
      Series E is convertible at $.50 per share or 50 percent of the average
      closing bid during the five trading days prior to the note holder giving
      notice of conversion, but not lower than $.10 per share. These notes,
      including accrued interest, are due three years for the date of issuance.

-     In June 2007 the Company extended the service agreement that they had
      previously entered into on April 10, 2006 with the issuance of promissory
      notes payable, which have a provision allowing them to convert to Series E
      notes payable. These original agreements had a two year, or twenty-four
      month, month service period. These service agreements were with two
      individual consultants, who are also shareholders of the Company. These
      service agreements have been extended to April 9, 2009.

      In connection with the extension for the service agreement by an
      additional year until April 9, 2009, each consultant received 500,000 of
      the Company's common stock, for a total of 1,000,000 shares of common
      stock. In addition, the original service agreement was amended to provide
      each consultant with 500,000 shares of the Company's common stock, for a
      total of 1,000,000 shares of common stock, for services to be provided in
      the second year of the original service contract, such year to end on
      April 9, 2008. The issuance of the common stock to extend the consulting
      agreement, and to supplement the compensation of the consultants in the
      second year of the agreement, will be expensed over the respective
      periods.

                                      F-10

<Page>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

FORWARD-LOOKING STATEMENTS

THIS REPORT CONTAINS STATEMENTS THAT WE BELIEVE ARE, OR MAY BE CONSIDERED TO BE,
"FORWARD-LOOKING STATEMENTS" WITHIN THE MEANING OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995. ALL STATEMENTS OTHER THAN STATEMENTS OF
HISTORICAL FACT INCLUDED IN THIS REPORT REGARDING THE PROSPECTS OF OUR INDUSTRY
OR OUR PROSPECTS, PLANS, FINANCIAL POSITION OR BUSINESS STRATEGY, MAY CONSTITUTE
FORWARD-LOOKING STATEMENTS. IN ADDITION, FORWARD-LOOKING STATEMENTS GENERALLY
CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "MAY," "WILL,"
"EXPECT," "INTEND," "ESTIMATE," "FORESEE," "PROJECT," "ANTICIPATE," "BELIEVE,"
"PLANS," "FORECASTS," "CONTINUE" OR "COULD" OR THE NEGATIVES OF THESE TERMS OR
VARIATIONS OF THEM OR SIMILAR TERMS. FURTHERMORE, SUCH FORWARD-LOOKING
STATEMENTS MAY BE INCLUDED IN VARIOUS FILINGS THAT WE MAKE WITH THE SEC OR PRESS
RELEASES OR ORAL STATEMENTS MADE BY OR WITH THE APPROVAL OF ONE OF OUR
AUTHORIZED EXECUTIVE OFFICERS. ALTHOUGH WE BELIEVE THAT THE EXPECTATIONS
REFLECTED IN THESE FORWARD-LOOKING STATEMENTS ARE REASONABLE, WE CANNOT ASSURE
YOU THAT THESE EXPECTATIONS WILL PROVE TO BE CORRECT. THESE FORWARD-LOOKING
STATEMENTS ARE SUBJECT TO CERTAIN KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, AS
WELL AS ASSUMPTIONS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM
THOSE REFLECTED IN THESE FORWARD-LOOKING STATEMENTS. READERS ARE CAUTIONED NOT
TO PLACE UNDUE RELIANCE ON ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN,
WHICH REFLECT MANAGEMENT'S OPINIONS ONLY AS OF THE DATE HEREOF. EXCEPT AS
REQUIRED BY LAW, WE UNDERTAKE NO OBLIGATION TO REVISE OR PUBLICLY RELEASE THE
RESULTS OF ANY REVISION TO ANY FORWARD-LOOKING STATEMENTS. YOU ARE ADVISED,
HOWEVER, TO CONSULT ANY ADDITIONAL DISCLOSURES WE MAKE IN OUR REPORTS TO THE
SEC. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS ATTRIBUTABLE TO
US OR PERSONS ACTING ON OUR BEHALF ARE EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY
THE CAUTIONARY STATEMENTS CONTAINED IN THIS REPORT.

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED MAY 31, 2007 AND 2006.

Net sales for the three months ended May 31, 2007 were $179,742, compared to
$246,319 for the three months ended May 31, 2006. The Company incurred less
advertising expenditures during the period ended May 31, 2007 as compared with
the period ended May 31, 2006 which resulted in lower sales overall for the
three months ended May 31, 2007. This lower advertising was a consequence of a
more competitive internet environment which provided limited opportunistic
advertising purchases for the Company. The Company has since retained an
internet advertising agency to develop new advertising strategies to expand the
Company's advertising options.

Gross profit was $150,877 for the three months ended May 31, 2007, compared to
$229,388 for the three months ended May 31, 2006. This decrease was due to lower
sales.

Selling, general and administrative expenses (SG&A) were $457,921 for the three
months ended May 31, 2007, compared to $304,100 for the three months ended May
31, 2006. This increase was related primarily to the expensing of the vested
quarterly portion of stock options granted to employees, for the quarter ended
May 31, 2007 of $99,378, versus an expense of $4,578 for the quarter ended May
31, 2006. In addition, the Company experienced more expenses in the May 31, 2007
quarter, versus the May 31, 2006 quarter, as the Company expanded operations
related to their Math Channel, Inc. subsidiary. Also during the quarter ended
May 31, 2007 the Company engaged more consultants to assist the Company in
developing a marketing and media campaign for its Math Made Easy and tutorial
services. These services have generally been obtained through the issuance of
the Company's common stock. If the common stock is issued for an extended period
of service, the Company records the proportional share of expense related for
the period in which the services were obtained. Any unearned expense, for
services obtained with the issuance of common stock, is recorded as a deferred
compensation and is netted in the additional paid in capital of the Company.

During the June 2007 the Company settled an outstanding debt with a creditor for
less than the amount owed. This total forgiveness of debt was included in the
financial statements, in other income and expenses for the quarter ended May 31,
2007. The debt originally for 63,674 was settled for 17,500; the difference of
$46,174 was forgiven. The settlement amount was paid in July 2007. There was no
debt settlement in the quarter ended May 31, 2006.

                                       2

<Page>

Interest expense was $127,291 for the three months ended May 31, 2007 as
compared to $56,973 for the three months ended May 31,2006. The Company has
entered into new notes payable subsequent to May 31, 2006, resulting in
increased interest expense for the three months ended May 31, 2007. During the
quarter ended May 31, 2007 the Company issued $450,000 Series E notes payable
for cash. The Series E debt has a discount related to common stock that is
issued with the issuance of Series E. This discount is expensed over the life of
the Series E, or until such time as the Series E converts to common stock or is
redeemed, at which time any remaining portion of unexpensed discount is
expensed. The amortization of the debt discount is a non-cash expense accounted
for as interest expense. This amortization of debt discount for Series E entered
into during the quarter ended May 31, 2007, as well as Series E entered into in
the year ended February 28, 2007, resulted in approximately $13,600 of interest
expense.

In addition to the Series E notes issued for cash, the Company converted an
existing promissory note of $50,000 to a Series E note that immediately
converted the Series E note to common stock. This Series E issuance had a
discount for the 250,000 shares of common stock issued upon the initial
conversion from a promissory note into a Series E note of $31,250. In addition,
to the discount, this Series E had a beneficial conversion of $12,500 related to
this Series E. As Series E are immediately convertible to common stock, this
Series E was issued and convertible at a rate below market on the date of
issuance of the Series E. This beneficial conversion was valued at $12, 500. On
the date of conversion from a demand note to a Series E note, the note holder
converted the $50,000 Series E principal into 500,000 shares of common stock
valued at $0.10 per share or $50,000. The $31,250 discount on debt, plus the
$12,500 beneficial conversion feature, was fully amortized, and recorded as an
interest expense upon conversion of the Series E into common stock.

LIQUIDITY AND CAPITAL RESOURCES.

At May 31, 2007, the Company had a cash of approximately $141,000. During the
quarter ended May 31, 2007 the Company issued $450,000 worth of Series E notes
payable for cash, while repaying $81,700 of promissory notes payable.

The Company continues to suffer recurring losses and has an accumulated deficit
of approximately $20,882,000 and a working capital deficiency of approximately
$6,038,000 at May 31, 2007. In addition, the Internal Revenue Service has placed
a tax lien on substantially all of the Company's assets as the Company is in
arrears on payment of payroll taxes, accrued prior to February 28, 2004
approximating $500,000. These conditions raise substantial doubt about the
Company's ability to continue as a going concern. The accompanying financial
statements have been prepared assuming that that the Company will continue as a
going concern. Management's plans with respect to these matters include
restructuring its existing debt, raising additional capital through future
issuances of stock and/or equity, and finding sufficient profitable markets for
its products to generate sufficient cash to meet its business obligations. The
accompanying financial statements do not include any adjustments that might be
necessary should the Company be unable to continue as a going concern.

The Company continues to meet its working capital requirements through debt and
equity funding from outside sources and internally generated funds. In addition,
the Company may have to incur increased capital expenditures as it seeks to
expand its product lines and tutorial services. In order to meet its current and
future cash requirements, the Company is in discussions to negotiate additional
debt and equity financing. There can be no assurance that any financing will be
successful or that the Company will be able to fund internally its working
capital requirements or meet its debt repayment obligations. In the event that
the Company is unable to secure additional financing, it may be obligated to
significantly reduce its operations and seek to sell assets, which would have a
material adverse affect on the Company's prospects and financial results.

The report of our independent registered auditors on our consolidated financial
statements for the years ended February 28, 2007 and February 29, 2006 contains
an explanatory paragraph, assuming that the Company will continue as a going
concern. The report mentioned that we have incurred losses, have an accumulated
deficit and have a working capital deficiency. In addition the report mentioned
the on-going situation with the IRS regarding payroll taxes in arrears. This
report raised substantial doubt about our ability to continue as a going
concern. This report is not viewed favorably by analysts or investors and may
make it more difficult for us to raise additional debt or equity financing
needed to run our business.

                                       3

<Page>

The Company had cash of $141,041 as of May 31, 2007, compared to a bank
overdraft of $16,113 as of February 28, 2007 and cash of $767 as of May 31,
2006.

Net cash used in operating activities during the three months ended May 31, 2007
was $207,846, compared to net cash used in operating activities of $76,286 for
the three months ended May 31, 2006.

Net cash used in investing activities during the three months ended May 31, 2007
was $19,413, compared to net cash used in investing activities of $12,101 for
the three months ended May 31, 2006.

Net cash provided by financing activities during the three months ended May 31,
2007 was $368,300, compared to net cash provided by financing activities of
$86,500 for the three months ended May 31, 2006.

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

A summary of significant accounting policies is included in Note 2 to the
audited consolidated financial statements for the year ended February 28, 2007
in the Form 10-KSB. Management believes that the application of these policies
on a consistent basis enables us to provide useful and reliable financial
information about our operating results and financial condition. Our financial
statements and accompanying notes are prepared in accordance with U.S. Generally
Accepted Accounting Principals. Preparing financial statements requires
management to make estimates and assumptions that affect the reported amounts of
assets, liabilities, revenue, and expenses. These estimates and assumptions are
affected by management's application of accounting policies. Critical accounting
policies for us include revenue recognition.

ITEM 3.  CONTROLS AND PROCEDURES.

EVALUATION OF DISCLOSURE CONTROLS

      The Company maintains controls and procedures designed to ensure that they
are able to collect the information that is required to be disclosed in the
reports they file with the Securities and Exchange Commission (the "SEC") and to
process, summarize and disclose this information within the time period
specified in the rules of the SEC. The Company's Chief Executive and Chief
Financial Officer are responsible for establishing, maintaining and enhancing
these procedures. The office is also responsible, as required by the rules
established by the SEC, for the evaluation of the effectiveness of these
procedures.

      Based on management's evaluation (with participation of our principal
executive officer and principal financial officer), as of the end of the period
covered by this report, the principal executive officer and principal financial
officer concluded that a deficiency was identified in the Company's internal
controls over financial reporting which constituted a "material weakness."
Accordingly, management concluded that the Company's disclosure controls and
procedures were not effective.

      The material weakness was the result of an insufficient number of
personnel having adequate knowledge, experience and training to provide
effective, and timely, oversight and review over the Company's financial close
and reporting process.

LIMITATIONS ON THE EFFECTIVENESS OF CONTROLS

      The Company's management does not expect that their disclosure controls or
their internal controls over financial reporting will prevent all error and
fraud. A control system, no matter how well conceived and operated, can provide
only reasonable, but not absolute, assurance that the objectives of a control
system are met. Further, any control system reflects limitations on resources,
and the benefits of a control system must be considered relative to its costs.
These limitations also include the realities that judgments in decision-making
can be faulty and that breakdowns can occur because of simple error or mistake.

      Additionally, controls can be circumvented by the individual acts of some
persons, by collusion of two or more people or by management override of a
control. A design of a control system is also based upon certain assumptions
about potential future conditions; over time, controls may become inadequate
because of changes in conditions, or the degree of compliance with the policies
or procedures may deteriorate. Because of the inherent limitations in a
cost-effective control system, misstatements due to error or fraud may occur and
may not be detected.

                                       4

<Page>

                                     PART II
                                OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS.

      The Company had made a settlement with one of its creditors that had begun
litigation on January 6, 2000 in Superior Court, Judicial District of
Stanford/Norwalk, whereby it has settled a $235,000 claim for $190,000 with a
29-month payout schedule. The Company has paid approximately $30,000 in honor of
this settlement; however, since the creditor has not honored the terms of the
settlement agreement to activate and to provide upgrades of its software, the
Company has discontinued its schedule of payments. The Creditor sued the Company
in the state of Connecticut but the court ruled that the creditor could not
proceed with the suit in the State of Connecticut. This case has not been
reopened by the creditors.

      The Company has settled with its largest creditor to whom it owed
approximately $600,000. The creditor has settled for $150,000 with a four year
payout schedule. The Company is currently conforming to the schedule. The
original judgment that the creditor held against the Company was withdrawn.
However, the creditor has a stipulated judgment whereby in the event that the
Company defaults on its payments the creditor can obtain a judgment for the
remaining balance plus a penalty of $150,000.

      The Company is subject to a claim for Federal payroll and unemployment
taxes for approximately, $400,000, and $100,000, respectively, which the Company
is disputing. With regard to the Federal payroll taxes the Company has received
notice of a levy in the amount of $83,448.33 against certain of the Company's
assets. It has also received notice from the Federal Government and the
Department of Labor of various liens with regard to the above arrears. The
Company has filed a 941c adjustment which should eliminate all or at least a
substantial portion of these tax arrears. It is doing so under advice of legal
counsel who specializes in payroll tax issues. There is no assurance that the
Company will be successful in resolving this dispute and having these liens
removed.

      In February 2, 2000, the Company converted an account payable of $135,500
due to its former accountants, Holtz Rubenstein & Co., LLP, into a one-year
Series B Note, in the principal amount of $135,500, bearing interest at the rate
of 10% per annum. As of February 2001, this note has expired and Holtz
Rubinstein & Co has received a judgment for $120,000. The complaint by Holtz
Rubenstein was entered April, 2001 in Supreme Court, Suffolk County.

ITEM 2.  UNREGISTERED SALE OF EQUITY SECURITIES AND USE OF PROCEEDS.

During the quarter ended May 31, 2007, the Company issued the following
securities upon reliance on the exemption from registration afforded the Company
under Section 4(2) of the Securities Act of 1933, as amended (the "Securities
Act"):

   o     On March 29, 2007 the Company granted options for 500,000 shares of the
         Company's common stock to the Company's CEO and President at an
         exercise price of $0.10 per share. These options are exercisable upon
         grant and expire ten years from the date of grant.

   o     In March 2007 the Company extended the exercise period of options for
         1,000,000 shares of the Company's common stock that originally had a
         five year life and had expired in January 2007. These options have been
         extended for five additional years until January 2012. The original
         exercise price of $0.07 per share has not been amended. These options
         were granted to the Company's CEO and President. These options are
         exercisable upon grant.

   o     In March and April 2007, the Company issued an additional $450,000 of
         Series E Notes to credit worthy investors. Issued with this debt were
         2,250,000 shares of the Company's common stock.

                                       5

<Page>

   o     On March 1, 2007, the Company converted a 50,000 demand note payable,
         issued to a credit worthy investor and shareholder of the Company, into
         a Series E note payable in connection which the Company issued 250,000
         share of common stock. On the date of conversion from a demand note to
         a Series E note, the note holder converted the $50,000 Series E
         principal into 500,000 shares of common stock.

   o     In March 2007, the Company entered into a one year advertising and
         marketing consulting agreement with consultants experienced in these
         areas of commerce. Under the terms of this agreement the Company is
         required to issue 100,000 shares of common stock each month commencing
         in March 2007. A total of 1,000,000 shares of common stock are to be to
         be issued under this agreement. During each of the three months in the
         quarter ended May 31, 2007 the Company issued 100,000 shares of common
         stock, for a total of 300,000 shares of common stock.

   o     On May 15, 2007, the Company entered into an investor relations
         consulting agreement with a financial consulting firm. This agreement
         has a one year term, and requires the issuance of 750,000 shares of
         common stock upon commencement. As services commence under this
         agreement, a pro-rata share of the deferred compensation is expensed.
         As of May 31, 2007, and for the quarter then ended a total of $2,375
         has been expensed for this consulting agreement.

   o     In March 2007, the Company entered into a financial consulting
         agreement with a financial consultant. This agreement has a one year
         term, and requires the issuance of 500,000 shares of common stock.
         Services under this agreement are set to commence in June 2007. These
         shares have a market value of $40,000, and have been recorded as a
         deferred compensation expense, netted against Additional Paid in
         Capital. As of May 31, 2007, no compensation expense has been
         recognized under this agreement, as services have not commenced.

   o     During the quarter ended May 31, 2007 the Company expensed the
         remaining deferred compensation cost of $7,500 related to a consulting
         agreement from June 2006, which concluded in May 2007, which required
         the issuance of 500,000 shares of common stock in May 2006.

   o     On March 15, 2007 the Company issued 350,000 shares of common stock for
         financial related services valued at market for a total of $31,500.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.

         None.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

         None.

ITEM 5.  OTHER INFORMATION.

SUBSEQUENT EVENTS:

-        In June 2007, the Company issued two Series E notes for $50,000 each,
         for a total of $100,000. In accordance with Series E notes, the Company
         issued 1,000,000 shares of common stock to be recorded as a debt
         discount. The Series E is convertible at $.50 per share or 50 percent
         of the average closing bid during the five trading days prior to the
         note holder giving notice of conversion, but not lower than $.10 per
         share. These notes, including accrued interest, are due three years for
         the date of issuance.

-        In June 2007 the Company extended the service agreement that they had
         previously entered into on April 10, 2006 with the issuance of
         promissory notes payable, which have a provision allowing them to
         convert to Series E notes payable. These original agreements had a two
         year, or twenty-four month, month service period. These service
         agreements were with two individual consultants, who are also
         shareholders of the Company. These service agreements have been
         extended to April 9, 2009.

                                       6

<Page>

         In connection with the extension for the service agreement by an
         additional year until April 9, 2009, each consultant received 500,000
         of the Company's common stock, for a total of 1,000,000 shares of
         common stock. In addition, the original service agreement was amended
         to provide each consultant with 500,000 shares of the Company's common
         stock, for a total of 1,000,000 shares of common stock, for services to
         be provided in the second year of the original service contract, such
         year to end on April 9, 2008. The issuance of the common stock to
         extend the consulting agreement, and to supplement the compensation of
         the consultants in the second year of the agreement, will be expensed
         over the respective periods.

ITEM 6.  EXHIBITS.

 EXHIBIT NO.     DESCRIPTION
-------------    ---------------------------------------------------------------

    31.1         Certification by Barry Reichman, the Principal Executive and
                 Accounting Officer of Multi-Media Tutorial Services, Inc.,
                 pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange
                 Act of 1934, as amended

    32.1         Certification of Barry Reichman, the Principal Executive and
                 Accounting Officer of Multi-Media Tutorial Services, Inc.,
                 pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
                 Section 906 of the Sarbanes-Oxley Act of 2002



                                       7

<Page>

                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                           MULTI-MEDIA TUTORIAL SERVICES, INC.

Dated:  July 23, 2007                  By: /s/ BARRY REICHMAN
                                           -------------------------------------
                                           Barry Reichman
                                           Chief Executive Officer and Chief
                                           Financial Officer (Principal
                                           Executive and Accounting Officer) of
                                           Multi-Media Tutorial Services, Inc.



                                       8

<Page>

                                  EXHIBIT INDEX

 EXHIBIT NO.     DESCRIPTION
-------------    ---------------------------------------------------------------

    31.1         Certification by Barry Reichman, the Principal Executive and
                 Accounting Officer of Multi-Media Tutorial Services, Inc.,
                 pursuant to Rule 13a-14(a)/15d-14(a) of the Securities Exchange
                 Act of 1934, as amended

    32.1         Certification of Barry Reichman, the Principal Executive and
                 Accounting Officer of Multi-Media Tutorial Services, Inc.,
                 pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
                 Section 906 of the Sarbanes-Oxley Act of 2002