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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

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

                                   FORM 10-KSB

(MARK ONE)
|X|  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

               FOR THE FISCAL YEAR ENDED April 29th, 2006

|_|  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

          For the transition period from ______________ to ______________
                 Commission File Number _________________________________

                             PREVENTION INSURANCE.COM
                --------------------------------------------------
                  (Name of small business issuer in its charter)


                   NEVADA                                      88-0126444
               --------------                                --------------
(State or other jurisdiction of incorporation or            (I.R.S. Employer
                organization)                              Identification No.)

    2770 S. Maryland Pkwy. #416
             Las Vegas, NV                                      89109
             --------------                                  --------------
(Address of principal executive offices)                     (Zip Code)

Issuer's telephone number  (702) 732-2758

Securities registered under Section 12(b) of the Exchange Act:

        Title of each class         Name of each exchange on which registered

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

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

Securities registered under Section 12(g) of the Exchange Act:

                      Common Stock, Par Value $.01 per share
--------------------------------------------------------------------------------
                                 (Title of class)


<PAGE>

            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
-------------------------------------------------------------------------------



To the Board of Directors of
Prevention Insurance.Com
2770 S. Maryland Pkwy., #416
Las Vegas, Nevada 89109


We have audited the accompanying balance sheet of Prevention Insurance.Com as of
April 30, 2006, and the related statements of operations, changes in
stockholders' equity and cash flows for the years ended April 30, 2006 and 2005.
These financial statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on these financial statements based
on our audits.

We conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the balance
sheets are free of material misstatement. The Company is not required to have,
nor were we engaged to perform, an audit of its internal control over financial
reporting. Our audit included consideration of internal control over financial
reporting as a basis for designing audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the Company's internal control over financial reporting.
Accordingly, we express no such opinion. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the balance sheets. An
audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable basis
for our opinion.

In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of the Company as of April 30,
2006, and the results of its operations and its cash flows for the years ended
April 30, 2006 and 2005, in conformity with U.S. generally accepted accounting
principles.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in Note1 to the financial
statements, the Company currently does not have any continuing sources of
revenue. These conditions raise substantial doubt about its ability to remain as
a going concern. Management's plans regarding those matters are also described
in Note 1. The financial statements do not include any adjustments that might
result from this uncertainty.

/s/Beadle, McBride, Evans & Reeves, LLP

Las Vegas, Nevada
August 9, 2006

<PAGE>

                                  PREVENTION INSURANCE.COM
                                       BALANCE SHEETS
                                       APRIL 30, 2006




ASSETS
                                                               -----------

Current assets:
Cash                                                           $      --
                                                               -----------

                                                               -----------
TOTAL CURRENT ASSETS                                           $      --
                                                               ===========


LIABILITIES AND STOCKHOLDERS' (DEFICIT)
                                                               -----------

Current liabilities:
Accounts payable                                               $     9,999
Bank Overdraft                                                       2,432
                                                               -----------
TOTAL CURRENT LIABILITIES                                           12,431

Commitments

Stockholders' (deficit):
Preferred stock, par value $ .01, 2,000,000 shares authorized,
no shares issued or outstanding                                       --
Common stock, $.01 par value, 100,000,000 shares authorized,
19,229,362 shares issued and outstanding                           192,308
Additional paid in capital                                       3,581,842
Accumulated (deficit)                                           (3,733,627)
                                                               -----------

                                                                    40,523
Less: Treasury stock ( 24,233 share), at cost                      (52,954)
Less: Stock Subscriptions Receivable                                  --
                                                               -----------

Total Stockholder's (Deficit)                                      (12,431)

                                                               -----------
Total Liabilities and Stockholder's Equity                     $         0
                                                               ===========




SEE NOTES TO FINANCIAL STATEMENTS

<PAGE>

                         PREVENTION INSURANCE.COM
                         STATEMENTS OF OPERATIONS
                      FOR THE YEARS ENDED APRIL 30,





                                                       2006                2005
                                                  ---------           ---------


Commission income                                 $ 158,580           $ 165,807

Cost of Goods Sold                                   12,532

General and administrative expenses                 215,497             269,356
                                                  ---------           ---------



(Loss) from operations                              (69,449)           (103,549)

Interest expense                                          9                --
                                                  ---------           ---------


(Loss) before income taxes                          (69,458)           (103,549)

Income taxes                                           --                  --
                                                  ---------           ---------


Net (loss)                                        $ (69,458)          $(103,549)
                                                  =========           =========
                                                                      ---------
                                                                      ---------
(Loss) per share                                  $   (0.01)          $   (0.01)
                                                  =========           =========




              SEE NOTES TO FINANCIAL STATEMENTS
<PAGE>

              PREVENTION INSURANCE.COM
      STATEMENTS OF CHANGES IN STOCKHOLDERS' (DEFICIT)
                FOR THE YEARS ENDED APRIL 30, 2006 AND 2005

<TABLE>
<CAPTION>
                             Preferred Stock             Common Stock    Additional                              Stock
                                    Par                                   paid in    Accumulated    Treasury    Subscri-
                            Number  value      Number       Par value     capital      deficit       stock      ptions   Total
                            -------------------------------------------------------------------------------------------------------

<S>                        <C>      <C>     <C>            <C>         <C>          <C>           <C>          <C>      <C>
Balance April 30, 2004          -       -   $ 12,048,317   $ 120,498   $ 3,466,529  $ (3,560,620) $ (52,954)       $ -   $ (26,547)

Shares issued for cash          -       -      4,330,750      43,308        25,933             -          -                 69,240
Shares issued for services      -       -      1,215,851      12,159        29,988             -          -                 42,146
Shares issed to reduce debt                      300,000       3,000        14,612             -          -                 17,612
Shares issed for receivable                       75,000         750           750             -          -     (1,500)          -
Net (loss) for the year         -       -                                               (103,549)                         (103,549)
                            -------------------------------------------------------------------------------------------------------
Balance April 30, 2005        $ -     $ -     17,969,918   $ 179,714   $ 3,537,811  $ (3,664,169) $ (52,954)  $ (1,500)     (1,098)
                                                                                                                                 -
Shares Issued for cash                         1,234,444      12,344        44,031                                          56,375
Shares Issued for services                        25,000         250             -                                             250
Payment of stock
  subscription
  receivable                                                                                                     1,500      1,500
Net (loss)                                                                               (69,458)                          (69,458)
                            -------------------------------------------------------------------------------------------------------

Balance April 30, 2006        $ -     $ -     19,229,362   $ 192,308   $ 3,581,842  $ (3,733,627) $ (52,954)       $ -   $ (12,431)
                            =======================================================================================================
</TABLE>

SEE NOTES TO FINANCIAL STATEMENTS
<PAGE>
                                         PREVENTION INSURANCE.COM
                                         STATEMENTS OF CASH FLOWS
                                      FOR THE YEARS ENDED APRIL 30,






<TABLE>
<CAPTION>
                                                                               2006                2005
                                                                          ---------           ---------
<S>                                                                       <C>                 <C>
Cash flows from operating activities:
     Net loss                                                             $ (69,458)          $(103,549)
     Adjustments to reconcile net loss to
      net cash used by operating activities:
     Changes in operating assets and liabilities:
       Stock issued for services and to settle debt                             250              42,146
       Increase / (Decrease) in accounts payable                              6,571              (1,747)
       Increase / (Decrease) in accounts payable - related party               --                (3,760)
                                                                          ---------           ---------
          Net cash used by operating activities                             (62,637)            (66,910)

Cash flows from investing activities:
     Purchase of property and equipment                                        --
                                                                          ---------           ---------
          Net cash used by investing activities                                --                  --

Cash flows from financing activities:
     Proceeds from issuance of common stock                                  56,375              69,240
     Proceeds from stock subscription receivable                              1,500                --
     Bank Overdraft                                                           2,432                --
                                                                          ---------           ---------
          Net cash provided by financing activities                          60,307              69,240
                                                                          ---------           ---------

Net increase in cash                                                         (2,330)              2,330

Cash, beginning of period                                                     2,330
                                                                          ---------           ---------

Cash, end of period                                                       $    --             $   2,330
                                                                          =========           =========



Supplemental schedule of noncash activities:
     Stock issued to settle debt                                          $    --             $  17,612

</TABLE>



             SEE NOTES TO FINANCIAL STATEMENTS
<PAGE>
                            PREVENTION INSURANCE.COM
                          NOTES TO FINANCIAL STATEMENTS



1. ORGANIZATION AND NATURE OF BUSINESS :

The summary of significant accounting policies is presented to assist in the
understanding of the financial statements. The financial statements and notes
are the representation of management. These policies conform to accounting
principles generally accepted in the United States of America and have been
consistently applied.

NATURE OF BUSINESS
Prevention Insurance.Com (the Company) was incorporated under the laws of the
State of Nevada in 1975 as Vita Plus Industries, Inc. In March 1999, the Company
sold its remaining inventory and changed its name to Prevention Insurance.Com.
The Company is attempting to organize select independent insurance agencies to
create a nationwide cooperative group of health, life and casualty insurance
companies with the ability to negotiate fees with national insurance companies.
Additionally, the co-op would benefit from national negotiations of advertising
and product development. The Company would receive fees from this group of
agencies for its coordination of activities. To date, the Company has not been
successful in its efforts. To defray expenses during the year ended April 30,
2006, the Company received commissions as a dealer representative for the sale
of ATM machines.


GOING CONCERN ISSUES
As discussed above, the companies financial statements are prepared using
accounting principles generally accepted in the United States of America
applicable to a "going concern", which contemplates the realization of assets
and the liquidation of liabilities in the normal course of business. Currently,
the Company has no continuing source of revenues and its ability to remain a
going concern is subject to its ability to raise capital either from equity or
debt and/or its successful operations as a long term solution to its lack of
resources. To date, management has demonstrated the ability to raise sufficient
capital to continue its limited operations.

ESTIMATES
The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and the disclosure of contingent liabilities at the date of the
financial statements and the reported revenues and expenses during the reporting
periods. Actual results may differ from these estimates.


2.       SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

BASIS OF PRESENTATION
The accompanying financial statements have been prepared assuming the Company
will continue as a going concern, which contemplates the realization of assets
and the satisfaction of liabilities in the normal course of business. The
Company has suffered recurring losses from operations and losses are expected to
continue into the near future. The Company has no continuing source of revenues
and its ability to remain a going concern is subject to its ability to raise
capital


CASH AND CASH EQUIVALENTS
Cash and cash equivalents include highly liquid, temporary cash investments with
an original maturity of three months or less from the date of purchase.


BASIS OF ACCOUNTING
The Company's policy is to prepare the financial statements on the accrual
basis of accounting. The fiscal year end is April 30.
<PAGE>

RECENT PRONOUNCEMENTS
In May 2003, the FASB issued SFAS No. 150, "Accounting for Certain Financial
Instruments with Characteristics of both Liabilities and Equity." The Statement
establishes standards for how an issuer classifies and measures certain
financial instruments with characteristics of both liabilities and equity. It
requires than an issuer classify a financial instrument that is within its scope
as a liability ( or an asset in some circumstances ). The provisions of SFAF 150
are effective for financial instruments entered into or modified after May 31,
2003. The Company does not believe adopting this standard will have a material
impact to its financial statements.

In November 2004, the FASB issued SFAS No. 151, Inventory Costs, an amendment of
ARB No. 43, Chapter 4. SFAS No. 151 amends the guidance in ARB No. 43, Chapter
4, Inventory Pricing, to clarify the accounting for abnormal amounts of idle
facility expense, freight, handing costs, and spoilage. This statement requires
that those items be recognized as current period charges regardless of whether
they meet the criterion of "so abnormal" which was the criterion specified in
ARB No. 43. In addition, this Statement requires that allocation of fixed
production overheads to the cost of production be based on normal capacity of
the production facilities. This pronouncement is effective for the Company
beginning April 30, 2006. The Company does not believe adopting this new
standard will have a material impact to its financial statements.

In December 2004, the FASB issued SFAS No. 123 (revised 2004). Share-Based
Payment, which is a revision of SFAS No. 123, Accounting for Stock-Based
Compensation. SFAS No. 123(R) supersedes APB Opinion No. 25, Accounting for
Stock Issued to Employees and amends SFAS No. 95, Statement of Cash Flows.
Generally, the approach in SFAS No. 123(R) is similar to the approach described
in SFAS No. 123. However, SFAS No. 123(R) requires all share-based payments to
employees, including grants of employee stock options, to be recognized in the
income statement based on their fair values. Pro forma disclosure is no longer
an alternative. The new standard will be effective for the Company in the first
interim or annual reporting period beginning after December 15, 2005. The
Company expects the adoption of this standard will have a material impact on its
financial statements assuming employee stock options are granted in the future.

In December 2004, the FASB issued SFAS No. 153, "Exchanges of Nonmonetary
Assets, an amendment of APB Opinion No. 29 "effective for nonmonetary asset
exchanges occurring in the fiscal year beginning January 1, 2006. SFAS No. 153
requires that exchanges of productive assets be accounted for at fair value
unless fair value cannot be reasonably determined or the transaction lacks
commercial substance. SFAS No. 153 is not expected to have a material effect on
the company's Consolidated Financial Statements.

In May 2005, the FASB issued SFAS 154, "Accounting Changes and Error Corrections
- a Replacement of APB Opinion No. 20 and FASB Statement No. 3". SFAS 154
requires retrospective application to prior period financial statements of
changes in accounting principle, unless it is impracticable to determine either
the period-specific effects or the cumulative effect of the change. SFAS 154
also redefines "restatement" as the revising of previously issued financial
statements to reflect the correction of an error. This statement is effective
for accounting changes and corrections of errors made in fiscal years beginning
after December 15, 2005. The Company does not believe that the adoption of SFAS
154 will have a significant impact on the financial statements.


FAIR VALUE OF FINANCIAL INSTRUMENTS
The fair value of cash and cash equivalents, accounts payable payables
approximates the carrying amount of these financial instruments due to their
short maturity.


<PAGE>

COMPREHENSIVE INCOME
Statements of Financial Accounting Standards No. 130, Reporting Comprehensive
Income (SFAS 130), requires that total comprehensive income be reported in the
financial statements. The Company does not have any items considered to be other
comprehensive income for the years ended April 30, 2006, and 2005.

NET LOSS PER SHARE CALCULATION
Basic net loss per common share ("EPS") is computed by dividing income available
to commons stockholders by the weighted-average number of common shares
outstanding for the period. The weighted-average number of common shares
outstanding for computing basic EPS for the year ended April 30, 2006 and April
30, 2005 was 18,599,640 and 15,330,961, respectively. Diluted EPS reflects the
potential dilution that could occur if securities or other contracts to issue
common stock were exercised or converted into common stock. As of April 30, 2006
the Company had no outstanding securities that could have a dilutive effect on
the outstanding common stock.

ADVERTISING
Advertising and marketing costs are expensed when incurred. Advertising expenses
for the years ended April 30, 2006 and 2005 were $2,745 and $2,125,
respectively.

RESEARCH AND DEVELOPMENT
The Company expenses its research and development in the periods incurred. As of
April 30, 2006, there have been no research and development costs.

CONCENTRATIONS OF CREDIT RISK
Credit risk represents the accounting loss that would be recognized at the
reporting date if counter parties failed completely to perform as contracted.
Concentrations of credit risk (whether on or off balance sheet) that arise from
financial instruments exist for groups of customers or counter parties when they
have similar economic characteristics that would cause their ability to meet
contractual obligations to be similarly affected by changes in economic or other
conditions described below.

As of April 30, 2006, the company does not have any significant operations in
any specific industry.

REVENUE RECOGNITION
Commission income from the sale of ATM machines and the related costs of these
sales are recognized at the time of sale.

STOCK BASED COMPENSATION
The Company accounts for stock based awards to employees in accordance with
Accounting Principles Board ("APB") Opinion No. 25, Accounting for Stock Issued
to Employees, and related interpretations, and has adopted the disclosure only
alternative of SFAS No. 123, Accounting for Stock-Based Compensation. Options
granted to consultants, independent representatives and other non-employees are
accounted for using the fair value method as prescribed by SFAS No. 123.


3. STOCKHOLDER'S EQUITY

During the year ended April 30, 2006, the Company issued 1,234,444 shares of
stock for cash of $56,375 (an average of approximately $. 04 per share). ).
Additionally, during the year ended April 30, 2006, the Company issued 25,000
shares of stock for services. The cash price per share was used to value the
services at $250.

During the year ended April 30, 2005, the Company issued 4,330,750 shares of
stock for cash of $69,240 ( an average of approximately $. 011 per share).
Additionally, during the year ended April 30, 2005, the Company issued 1,215,851
shares of stock for services. The market price per share was used to value the
services at $42,147. As of July 2004 the Company issued 300,000 shares to
satisfy an outstanding debt valued at $17,612.

<PAGE>

4. RELATED PARTY TRANSACTIONS

The Company's president and shareholder has advanced monies to the Company. The
total advances at April 30, 2006 are $34,775. Total compensation to Scott
Goldsmith, the President of the Company, amounted to $98,544 and $111,845 for
the year ended April 30, 2006, and 2005, respectively.


5. LOSS PER SHARE

Loss per share is calculated based on the weighted average number of shares
outstanding during the year (18,599,640 shares for the year ended April 30, 2006
and 15,330,961 for the year ended April 30, 2005).


6. COMMITMENTS

The Company leases office space under a non-cancelable operating lease. The
lease requires minimum monthly payments of approximately $500 per month. The
lease expires January 31, 2008 with minimum rent payable for the years ended
2006 and 2005 of $6,216 and 4,662, respectively.
..


7    INCOME TAX MATTERS

The Company accounts for income taxes using the asset and liability approach
required by SFAS No. 109. The asset and liability approach requires the
recognition of deferred income tax liabilities and assets for the expected
future tax consequences of temporary differences between the carrying amounts of
and the tax basis of the Company's assets and liabilities. Future income tax
benefits attributable to temporary differences are recognized to the extent that
realization of such benefits is more likely than not. These future tax benefits
are measured by applying currently enacted tax rates.


The Company has a net operating loss carryover of approximately $3,700,000
available to offset future taxable income, if any. The loss carryover expires
through 2023. A valuation allowance equal to 100% of the deferred tax assets has
been established because of the uncertainty of realization of the deferred tax
asset due to lack of earning history.