----

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| o | Large accelerated filer   |
|---|---------------------------|
| o | Accelerated filer         |
| o | Non-accelerated filer     |
| x | Smaller reporting company |

----

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|                                                                                                                                                                                              |   | June 30, 2010(unaudited) |       |   | December 31, 2009(audited) |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|------------|--------|----------------------------|--------|
|                                                                                                                                                                                              |   |                          |       |   |                       |   |
| ASSETS                                                                                                                                                                                            |   |                          |       |   |                       |   |
| Current Assets                                                                                                                                                                                    |   |                          |       |   |                       |   |
|     Cash                                                                                                                                                                      |   | $                             | 408        |   |                       | $      | 456 |   |
|     Accounts receivable                                                                                                                                                       |   |                          | 0          |   |                       |   | 391 |   |
|     Deposits                                                                                                                                                                  |   |                          | 1,500      |   |                       |   | 0 |   |
| Total Current Assets                                                                                                                                                                              |   |                          | 1,908      |   |                       |   | 847 |   |
|                                                                                                                                                                                              |   |                          |       |   |                       |   |   |   |
| TOTAL ASSETS                                                                                                                                                                                      |   | $                             | 1,908      |   |                       | $      | 847 |   |
|                                                                                                                                                                                              |   |                          |       |   |                       |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                                                                       |   |                          |       |   |                       |   |   |   |
|                                                                                                                                                                                              |   |                          |       |   |                       |   |   |   |
| Current Liabilities                                                                                                                                                                               |   |                          |       |   |                       |   |   |   |
| Accounts payable and accrued expenses                                                                                                                                                             |   | $                             | 19,377     |   |                       | $      | 19,856 |   |
| Accounts payable-related party                                                                                                                                                                    |   |                          | 58,798     |   |                       |   | 49,543 |   |
| Notes payable-related party                                                                                                                                                                       |   |                          | 319,650    |   |                       |   | 302,150 |   |
| Total Current Liabilities                                                                                                                                                                         |   |                          | 397,825    |   |                       |   | 371,549 |   |
|                                                                                                                                                                                              |   |                          |       |   |                       |   |   |   |
| Stockholders' Deficit                                                                                                                                                                             |   |                          |       |   |                       |   |   |   |
| Common stock: 100,000,000 shares authorized; $.001 par value; 3,715,440 shares issued and outstanding at June 30, 2010; 3,640,440 shares   Issued and outstanding at June 30, 2009 |   |                          | 3,715      |   |                       |   |      3,640 |   |
| Additional paid-in capital                                                                                                                                                                        |   |                          | 1,982,005  |   |                       |   | 1,978,880 |   |
|       Accumulated deficit                                                                                                                                           |   |                          | (2,381,637 | )      |                       |   | (2,353,222 | ) |
| Total Stockholders’ Deficit                                                                                                                                                                 |   |                          | (395,917   | )      |                       |   | (370,702 | ) |
|                                                                                                                                                                                              |   |                          |       |   |                       |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                                                                 |   | $                             | 1,908      |   |                       | $      | 847 |   |

----

|                                                                      |   | Three Months Ended |      |
|---------------------------------------------------------------------------|--------|--------------------|-----------|
|                                                                      |   | June 30, 2010      |      |   | June 30, 2009 |   |
| Gross revenues                                                            |   | $                  | 1,387     |   |   | $ | 931 |   |
|                                                                      |   |               |      |   |   |   |   |   |
| Operating expenses                                                        |   |               |      |   |   |   |   |   |
|       Sales and marketing expenses          |   |               | 168       |   |   |   | 226 |   |
|       Operating and administrative expenses |   |               | 10,875    |   |   |   | 5,364 |   |
| Total operating expenses                                                  |   |               | 11,043    |   |   |   | 5,590 |   |
|                                                                      |   |               |      |   |   |   |   |   |
| Operating loss                                                            |   |               | (9,656    | ) |   |   | (4,659 | ) |
|                                                                      |   |               |      |   |   |   |   |   |
| Other income (expense)                                                    |   |               |      |   |   |   |   |   |
|        Forgiveness of debt             |   |               | 0         |   |   |   | 39,140 |   |
|        Interest and finance expense    |   |               | (4,717    | ) |   |   | (4,063 | ) |
|        Other                           |   |               | (7,500    | ) |   |   | 0 |   |
| Total other income (expense)                                              |   |               | (12,217   | ) |   |   | 35,077 |   |
|                                                                      |   |               |      |   |   |   |   |   |
| Net Income (Loss)                                                         |   | $                  | (21,873   | ) |   | $ | 30,418 |   |
|                                                                      |   |               |      |   |   |   |   |   |
|                                                                      |   |               |      |   |   |   |   |   |
| Weighted average number of shares outstanding                             |   |               | 3,659,607 |   |   |   | 3,640,440 |   |
|                                                                      |   |               |      |   |   |   |   |   |
| Net income (loss) per share                                               |   | $                  | (.01      | ) |   | $ | .01 |   |

----

|                                                                      |   |             |      |   | October 1, 2009 |   |
|---------------------------------------------------------------------------|--------|------------------|-----------|--------|-----------------|--------|
|                                                                      |   | Six Months Ended |      |   | Through         |   |
|                                                                      |   | June 30, 2010    |      |   | June 30, 2009   |   |   | June 30, 2010 |   |
| Gross revenues                                                            |   | $                | 2,717     |   |            | $      | 3,307 |   |   | $ | 4,395 |   |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
| Operating expenses                                                        |   |             |      |   |            |   |   |   |   |   |   |   |
|       Sales and marketing expenses          |   |             | 721       |   |            |   | 383 |   |   |   | 1,940 |   |
|       Operating and administrative expenses |   |             | 12,855    |   |            |   | 16,393 |   |   |   | 23,499 |   |
| Total operating expenses                                                  |   |             | 13,576    |   |            |   | 16,776 |   |   |   | 25,439 |   |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
| Operating loss                                                            |   |             | (10,859   | )      |            |   | (13,469 | ) |   |   | (21,044 | ) |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
| Other income (expense)                                                    |   |             |      |   |            |   |   |   |   |   |   |   |
|        Forgiveness of debt             |   |             | 0         |   |            |   | 39,140 |   |   |   | 0 |   |
|        Interest and finance expense    |   |             | (9,256    | )      |            |   | (10,871 | ) |   |   | (13,627 | ) |
|        Other                           |   |             | (8,300    | )      |            |   | (800 | ) |   |   | (10,800 | ) |
| Total other income (expense)                                              |   |             | (17,556   | )      |            |   | 27,469 |   |   |   | (24,427 | ) |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
| Net Income (Loss)                                                         |   | $                | (28,415   | )      |            | $      | 14,000 |   |   | $ | (45,471 | ) |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
| Weighted average number of shares outstanding                             |   |             | 3,650,023 |   |            |   | 3,640,440 |   |   |   | 3,646,829 |   |
|                                                                      |   |             |      |   |            |   |   |   |   |   |   |   |
| Net income (loss) per share                                               |   | $                | (.01      | )      |            | $      | 0 |   |   | $ | (.01 | ) |

----

|                                                           |   | Common Stock |      |   | Additional Paid |   |   |  Accumulated |   |   |      |   |
|----------------------------------------------------------------|--------|--------------|-----------|--------|-----------------|--------|--------|-------------------|--------|--------|-----------|--------|
|                                                           |   | Shares       |      |   |  Amount    |   |   | in Capital        |   |   | Deficit   |   |   | Total |   |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Balance, Dec 31, 2007                                          |   |         | 3,640,440 |   |            | $      | 3,640  |              |   | $      | 1,978,880 |   |   | $ | (2,216,511 | )  |   | $ | (233,991 | ) |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Net loss for the year ended Dec 31, 2008                       |   |         |      |   |            |   |   |              |   |   |      |   |   |   | (134,030 | )  |   |   | (134,030 | ) |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Ending balance Dec 31, 2008                                    |   |         | 3,640,440 |   |            |   | 3,640  |              |   |   | 1,978,880 |   |   |   | (2,350,541 | )     |   |   | (368,021 | ) |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Net loss for the Year ended Dec 31, 2009                  |   |         |      |   |            |   |   |              |   |   |      |   |   |   | ( 2,681 | )  |   |   |  ( 2,681 | ) |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Ending balance Dec 31, 2009                                    |   |         | 3,640,440 |   |            |   | 3,640  |              |   |   | 1,978,880 |   |   |   | (2,353,222 | )   |   |   | (370,702 | ) |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Issue 75,000 shares of .001 par value common stock   |   |         | 75,000    |   |            |   | 75     |              |   |   | 3,125     |   |   |   |   |   |   |   | 3,200 |   |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Net loss for the six months ended June 30, 2010           |   |         |      |   |            |   |   |              |   |   |      |   |   |   | (28,415 | )  |   |   |  (28,415 | ) |
|                                                           |   |         |      |   |            |   |   |              |   |   |      |   |   |   |   |   |   |   |   |   |
| Ending balance June 30, 2010                              |   |         | 3,715,440 |   |            | $      | 3,715  |              |   | $      | 1,982,005 |   |   | $ | (2,381,637 | )  |   | $ | (395,917 | ) |

----

|                                                                   |   | Six Months Ended: |     |   | October 1, 2009Through |   |
|-----------------------------------------------------------------------------|--------|-------------------|----------|--------|------------------------|--------|
|                                                                        |   | June 30, 2010     |     |   | June 30, 2009          |   |   | June 30, 2010 |   |
| Cash Flows from Operating Activities:                                       |   |              |     |   |                   |   |   |   |   |
| Net income (loss) for the period                                            |   | $                 | ( 28,415 | )      |                   | $      | 14,000 |   |   | $ | (45,471 | ) |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
| Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: |   |              |     |   |                   |   |   |   |   |   |   |   |
| Cash Used in Operating Activities:                                          |   |              |     |   |                   |   |   |   |   |   |   |   |
| Depreciation and amortization                                               |   |              | 0        |   |                   |   | 0 |   |   |   | 0 |   |
| Changes in Assets and Liabilities                                           |   |              |     |   |                   |   |   |   |   |   |   |   |
| Decrease in accounts receivable                                             |   |              | 391      |   |                   |   | 0 |   |   |   | 0 |   |
| Increase in deposits                                                        |   |              | (1,500   | )      |                   |   | 0 |   |   |   | (100 | ) |
| Increase in accounts payable and accrued expenses                           |   |              | 8,777    |   |                   |   | (41,816 | ) |   |   | 7,297 |   |
| Net Cash Used in Operating Activities                                       |   |              | (20,748  | )      |                   |   | (27,816 | ) |   |   | (38,274 | ) |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
| Cash Flows from Financing Activities:                                       |   |              |     |   |                   |   |   |   |   |   |   |   |
| Proceeds from notes payable-related party                                   |   |              | 17,500   |   |                   |   | 22,900 |   |   |   | 34,250 |   |
| Issuance of common stock                                                    |   |              | 3,200    |   |                   |   |   |   |   |   | 3,200 |   |
| Net Cash Provided by Financing Activities                                   |   |              | 20,700   |   |                   |   | 22,900 |   |   |   | 37,450 |   |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
| Net Increase (Decrease) in Cash                                             |   |              | (48      | )      |                   |   | (4,916 | ) |   |   | (824 | ) |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
| Cash – Beginning Balance                                              |   |              | 456      |   |                   |   | 6,115 |   |   |   | 1,232 |   |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
| Cash – Ending Balance                                                 |   | $                 | 408      |   |                   | $      | 1,199 |   |   | $ | 408 |   |
|                                                                        |   |              |     |   |                   |   |   |   |   |   |   |   |
| SUPPLEMENTAL CASH FLOW INFORMATION:                                         |   |              |     |   |                   |   |   |   |   |   |   |   |
| Cash paid for interest                                                      |   | $                 | 0        |   |                   | $      | 0 |   |   | $ | 0 |   |
| Cash paid for taxes                                                         |   | $                 | 0        |   |                   | $      | 0 |   |   | $ | 0 |   |

----

----

| ·   | an agreement with the customer; |
|--------------------|---------------------------------|

| ·   | delivery to and acceptance of the product by the customer has occurred; |
|--------------------|-------------------------------------------------------------------------|

| ·   | the amount of the fees to be paid by the customer are fixed or determinable; and |
|--------------------|----------------------------------------------------------------------------------|

| ·   | collection of these fees is probable. |
|--------------------|---------------------------------------|

----

----

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| 1.   | Media Sentiment ® free version, accessible by internet customers on our web site at www.mediasentiment.com. |
|----------------|------------------------------------------------------------------------------------------------------------------|

| 2.   | Media Sentiment ® free version, accessible by internet customers from their own products via an RSS feed. |
|----------------|----------------------------------------------------------------------------------------------------------------|

| 3.   | Media Sentiment ® free version for individual alerts, accessible by users via other web sites that offer financial news and information, via distribution with a partner. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | Media Sentiment ® free version for individual alerts, accessible by users via their own e-mail programs by signing up to our free service at www.mediasentiment.com. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 5.   | Media Sentiment LimitsTM free version which offers historical data for statistically significant stock price movement intervals accessible by internet customers on our web site at www.mediasentiment.com. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.   | Media Sentiment LimitsTM subscription version which offers real-time data for statistically significant stock price movement intervals accessible by internet customers on our web site at www.mediasentiment.com. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.   | Media Sentiment LimitsTM  (free and subscription versions) integration with TD AMERITRADE where users with a TD AMERITRADE account receive free real-time quotes and charts that display the alerts on the chart for each of our Media Sentiment alert. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.   | Media SentimentTM integration with MetaStock, a Thompson Reuters product where users with subscriptions to MetaStock and to a Media Sentiment service receive our Media Sentiment alerts, both in real-time and historically, integrated into the MetaStock product. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Exhibit Number |   | Description of Exhibit                                                                                                                                                        |
|----------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1           |   | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                             |
| 31.2           |   | Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                             |
| 32.1           |   | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |

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|           | Media Sentiment, Inc. |                                             |
|----------------|-----------------------|--------------------------------------------------|
|           |                  |                                             |   |
| August 9, 2010 | By:                   | /s/  Marian Munz                       |   |
|           |                  | Name : Marian Munz                     |   |
|           |                  | Title :Chief Executive Officer and Director |   |
|           |                  |                                             |   |

----