|UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-KSB
|--------------------------------------------------------------------------------

|[X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year endedDecember 31, 2006
|----------------------------------------------------------------------------------------------------------------------------

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number: 000-49600



|SIGNATURELEISURE,INC.(Exact name of small business issuer as specified in its charter)
|--------------------------------------------------------------------------------------

|S.R. 436, Suite 1035                  
|--------------------------------------
|Casselberry, Florida 32707            
|(407) 599-2886                        
|                                      
|Address of Principal Executive Offices

|Colorado                 |  | 50-0012982                     
|------------------------ |  | -------------------------------
|                         |  |                                
|(State of incorporation) |  | (IRS Employer Identification #)

| | Securities registered under Section 12(b) of the Exchange Act: NoneSecurities registered under Section 12(g) of the Exchange Act: Common Stock, par value $.0001 per share
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|[ ] Check whether the issuer is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act    
|--------------------------------------------------------------------------------------------------------------------
|                                                                                                                    
|[X] Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act  
|during the past 12 months (or for such shorter period that the registrant was required to file such reports, and    
|(2) has been subject to such filing requirements for the past 90 days.                                              
|                                                                                                                    
|[X] Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation SB contained in this 
|form, and no disclosure will be contained, to the best of registrant's knowledge, in definitive proxy or information
|statements incorporated by reference in Part III of this Form 10KSB or any amendment to this Form 10-KSB.           
|                                                                                                                    
|Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    
|[ ] YES [X] NO                                                                                                      

| | Issuer's revenues for its most recent fiscal year: $80,680The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by referenceto the bid/ask price of $.025 at March 29, 2007 is $2,650,649The number of shares outstanding of the Registrant's common stock as of December 31, 2006 was 221,795,247The number of shares outstanding of the Registrant's preferred stock is -0-
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Transitional Small Business Disclosure Format: [ ] YES [X] NO

I

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Signature Leisure, Inc.

|Table of Contents                                              |  |   
|-------------------------------------------------------------- |  | --
|Description of Business                                        |  | 3 
|Description of Property                                        |  | 8 
|Legal Proceedings                                              |  | 8 
|Submission of Matters to a Vote of Security Holders            |  | 9 
|Market for Common Equity and Related Stockholder Matters       |  | 9 
|Recent Sales of Unregistered Securities                        |  | 10
|Management's Discussion and Analysis or Plan of Operations     |  | 11
|Financial Statements                                           |  | 16
|Changes In / Disagreements with Accountants                    |  | 22
|Controls and Procedures                                        |  | 36
|Other Information                                              |  | 36
|Directors, Executive Officers, Promoters and Control Persons   |  | 36
|Section 16(a) Beneficial Ownership Reporting Compliance        |  | 38
|Code of Ethics                                                 |  | 38
|Executive Compensation                                         |  | 38
|Security Ownership of Certain Beneficial Owners and Management |  | 40
|Certain Relationships and Related Transactions                 |  | 41
|Exhibits and Reports on Form 8-K                               |  | 41
|Index to Exhibits and Reports                                  |  | 42
|Principal Accountant Fees and Services                         |  | 43
|Signatures                                                     |  | 44

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Signature Leisure, Inc.  Annual Report

Description of Business

Overview

Signature Leisure, Inc. was incorporated in the State of Colorado on March 15, 2000 as JDLPhotos.com, Inc. Through January 20, 2003, JDLPhotos.com, Inc. was located in Longmont, Colorado and was a retailer of matted and
framed photographs. Due to the continuing losses from operations and the increasing expense related to the public entity, a new management and business opportunities were sought. On January 20, 2003, the Company underwent a change of control, and as
a result of this change in control, the Company became a public shell.

In February of 2003, the Company changed its name from JDLPhotos.com, Inc. to Valde Connections, Inc. The Company began pursuing a business strategy of identifying profitable clinical day spa and salons for potential
acquisitions, as well as considering future company growth through building new facilities in selected locations. In August of 2003 the Company changed its name to Signature Leisure, Inc., to more closely relate with the business direction of the
company. Due to the difficulty the Company had trying to complete agreements for spa operations; management began considering other opportunities to establish revenue for the Company.

In February 2004, Signature Leisure completed the registration process to become buyers and sellers of vehicles at five Central Florida vehicle auction facilities. The Company received a license from the State of
Floridas Department of Highway Safety and Motor Vehicles to operate as an independent dealer in motor vehicles. Signature Leisure, Inc., d.b.a. Signature Auto operated this pre-owned automobile dealership at 1111 N. Orlando Avenue, Winter
Park, Florida 32789. Signature Leisure, Inc., d.b.a. Signature Auto sold its first six vehicles during the week of March 8th, 2004. The hurricanes that hit Central Florida
in August and September 2004 severely damaged the Companys offices and auto sales facility; subsequently causing the Company to relocate to office and warehouse space located at 100 Candace Drive, Suite 100, Maitland, Florida 32751, such
relocation occurring at the end of September 2004. Having been unable to generate profitable auto sales, the Company decided to terminate auto sales operations in January of 2007 and has surrendered its Florida automotive dealer license.

On February 15, 2005, Signature Leisure, Inc. acquired certain assets from Parker Productions, a sole proprietorship operating in the State of Florida. Parker productions operations consisted of modeling and event staffing
services. During February 2005, Signature Leisure incorporated a new company with the name Parker Productions, Inc. as a wholly-owned subsidiary of Signature Leisure. Following Signature Leisure's acquisition of Parker Production's assets, Signature
Leisure placed the assets in Parker Productions, Inc.

On July 21, 2005 Signature Leisure, Inc. formally incorporated E Cubed Technologies, Inc. in the state of Florida in order to better organize and market its network and technology services offerings. E Cubed Technologies,
Inc. is an authorized dealer for DocSTAR, a document imaging solutions company.

In January of 2007 Signature leisure, Inc. formed a Minnesota based corporation under the name of Signature Leisure, Inc. wherein operations are being developed as investor relations and consulting business.

Business of Issuer

The business of Signature Leisure, Inc. during the period ending December 31, 2006 included the operations of Parker Productions, Inc., a modeling and event staffing business, E Cubed Technologies, an information technology
services company and Signature Auto, an independent dealer in motor vehicles. An investor relations and business consulting segment was started in January 2007.

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Signature Leisure, Inc.  Annual Report

The focus of operations for the next 12-month period will be the operations of Signature Leisure, Inc. (Investor Relations Division), E Cubed Technologies and Parker Productions as currently functioning operating units
expected to generate revenues. Signature Leisure, Inc. expects to use profits from each operating units' operations to maintain and grow the operations of each operating unit. Parker Productions operations are being developed as a modeling and event
staffing business. The individual models and staff that we provide to our clients operate as independent contractors. E Cubed Technologies operations are being developed as a network and technologies service company. Investor relations operations
began in January 2007. Presently, sales revenues from the operations of these operating units are very limited, though we continue to work on building the list of clients for the units.Signature Leisure,
Inc.(Investor Relations Division)Signature Leisure, Inc. operations are being developed as investor relations and consulting business.
The Company has formed a Minnesota based corporation under the name of Signature Leisure, Inc. Signature presently has offices in Champlin, MN and Fort Wayne, IN. This business segment was started in January 2007.

|The addresses are:          |  |                        
|--------------------------- |  | -----------------------
|Signature Leisure, Inc.     |  | Signature Leisure, Inc.
|11108 Zealand Ave N Ste 201 |  | 315 E Wallace Street   
|Champlin , MN 55316         |  | Fort Wayne, IN 46803   

Presently the company is providing customers with two basic forms of service.  The first form of service is providing investor relations services for publicly traded companies. Signature represents client companies as the
primary point of contact for investors acting as an Investor Relations representative for our clients. We field phone calls and emails from investors so that the company management of our clients can focus on operating and growing their businesses
rather than fielding inquiries from investors.  Presently, we are focused on developing a list of clients that are listed on either the Pink Sheets or the Over-The-Counter Bulletin Boards.

The second form of services is in the form of providing privately held companies with general business consulting services. Signature assists client companies with various projects and business management services. In
addition, Signature provides services relating to business structure and organizational management, corporate planning and strategic growth management.

Signature Auto

We restarted the pre-owned vehicle sales dealership in the form of wholesale sales. During fiscal year 2006 we were not retailing vehicles, which is to say that we are not holding inventory for the express purpose of
selling to the retail public. We were purchasing inventory with the sole purpose of wholesaling the vehicles to other dealers. The scope of the operation was somewhat limited due to available capital, which consisted of a $35,000 loan from our
sole officer and director of the company. We closed our previously established floor plan credit lines. No outstanding balances remained on the credit lines. In January 2007, the Company discontinued operations of Signature Auto and cancelled the
license with the State of Florida.

E Cubed Technologies, Inc.

Signature Leisure intends to build a full service IT, network/server, and computer services firm. We are focused on building a consulting-oriented VAR (Value Added Reseller) and intend to emphasize service and support to
differentiate our company from more price-oriented national chains and enterprise focused service firms." The Company will provide both computer and network software and hardware products and services to make them useful to small businesses. The
systems include both PC-based LAN systems and server-based systems. The Company's services will include design and installation of network systems, training, support, and administration.

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Signature Leisure, Inc.  Annual Report

E Cubed Technologies has started business operations in the greater Orlando, Florida area. We are an authorized dealer for DocStar, one of the leading document imaging solution builders. DocSTAR, which is a product of
AuthentiDate, Inc., provides clients with a document imaging and retrieval solution. DocSTAR (Document Storage and Retrieval) offers software products for the document imaging industry with a suite of software solutions that securely scans, stores
and retrieves documents.

DocSTAR is a total document storage and retrieval system which takes paper documents, indexes them and stores them securely for later retrieval by end users either at the host system or a client workstation on the local
computer network. After E Cubed Technologies installs a system sold to a client, the client employees are then trained in the usage of DocSTARs filing and retrieval process. The clients then use a high speed scanner connected to either the
host machine or a computer attached to the organizations computer network designated as a scan station to scan paper documents and file them in the DocSTAR system. The filing process differs for every client, as each of the document types they use
will have what is called a template setup for them to more efficiently file the document as ease the retrieval process. The template is simply a set of instructions that have been specified by the client telling the DocSTAR system how to file each
document and what information to use when indexing the document. Once retrieved by a client computer, the documents can be faxed emailed, or printed to paper directly from the DocSTAR system.

As per our agreement with DocSTAR, sales staff is to be trained by DocSTAR in a short product application course. Additionally, any representatives servicing DocSTAR must be trained in a more intensive technical course. The
agreement specifies the counties of Orange, Seminole, Volusia, Brevard, Lake, and Osceola in the state of Florida as our direct market territories. Clients outside of that area would require us to involve DocSTAR corporate and, in many cases,
another DocSTAR partner.  The agreement does not prohibit us from selling and servicing other products. The agreement does not have minimum requirement for sales over any period of time. The agreement can be terminated by either party at anytime for
any reason. In the event that DocSTAR terminates the agreement we will have a period of twelve months to continue servicing clients owing to the incidental fact that any particular client may have an existing service contract in place with us that
may not have yet expired.

E Cubed Technologies is an authorized reseller of Dell products. This means we have the ability to purchase computer and network hardware and software at reseller pricing for resale to our clients. It gives us the ability
to access a partner website were we can get customized support, training options and partner only specials.

Parker Productions, Inc.

Parker Productions, Inc. operations are being developed as a modeling and event staffing business. The individual models and staff that the Company provides to clients operate as independent contractors to the
Company.

Parker Productions generates revenues by contracting models and event staff for client companies and organizations to utilize for special events and promotions. Some projects get billed as a flat fee for the entire
promotional project; however, the majority is single event contracts which we charge the client a premium rate per hour for the contracted staff.

Presently the company is providing customers with two basic forms of service. The first type of service is providing staff (models) for area conventions.  Such type of services would include providing staff members to
assist in managing the company's booth at a convention. The staff member would assist the client with visitors to the client's booth.

The second form of service is in the form of beverage promotions. Such promotions take place in area bars, in which Parker staff assist the client to gain product awareness from the bar patrons.

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Signature Leisure, Inc.  Annual Report

Competitive Business Conditions

Signature Leisure, Inc.(Investor Relations Division)

Providing investor relations services to Pink Sheet and OTC BB listed companies is a niche market.  Our competitors consist primarily of smaller privately held companies, as well as individuals, that solicit public
companies to become employed as their investor relations representative.

Our competitors will target the same public companies that may have an interest in our investor relations services and we will only be able to distinguish our services as the result the ultimate quality and efficiency
of services that we provide. We will attempt to differentiate our services by building trusted relationships with client companies and the investment community as well as working to build shareholder bases for the long term.

Additionally, the consulting service being provided to privately held companies is a niche market. Our competitors consist primarily of smaller privately held companies, as well as individuals, that assist such companies
with consulting services. We will attempt to differentiate our services by providing uniquely structured opportunities for each of our clients to facilitate efficient growth within their business.

Signature Auto - Car Dealership

We operated in a very competitive local market. Within the pre-owned vehicle sales marketplace there were three distinct categories of dealerships. The first is the franchise dealer, which is a dealership that sells
pre-owned vehicles in addition to new cars and the business is operated under a franchise from a major manufacturer such as Chrysler, Ford, Chevrolet, Toyota or Nissan. The second category is that of the major regional or nationwide pre-owned
vehicle dealer, such as a Carmax as well as Budget Auto Sales. The third category is the independent retailer, which typically consists of a single location, and it is within this third category that we compete. Our competitors included such
dealerships as Contemporary Cars Incorporated and MacKey Auto Broker, both local and independently pre-owned dealers.

Parker Productions - Modeling and Event Staffing Business

The modeling and event staffing business is another industry characterized by intense competition. Our main competition in the region is Axis Talent and Promotions. Competition is intense and we expect it to increase.
Increased competition could result in:

- price reductions, decreased revenue and lower profit margins;
- inability to gain market share;
- loss of market share once, and if gained; and
- increased marketing expenditures.

As a result of our competition targeting our same market; individuals and corporate entities interested in our modeling and event staffing services, we will only be able to distinguish our services as the result of our
advertising programs and ultimately quality and efficiency of service. Our goal is to determine methods by which we can maximize contacts with national clients. We do not anticipate distinguishing our services from other like services available in
the market in the near future.

E Cubed Technologies - Networked Technology Services

E Cubed Technologies focuses on maintaining evaluating our clients and helping them to acquire, configure, and maintain systems that we believe make sense in their business environments. We also target clients in vertical
markets which have been identified, either through direct experience or survey data, as ideal candidates for such services and products. The competitors for E Cubed Technologies include: hardware focused dealers; storefront computer resellers, chain
stores and computer super stores which include major chains such as CompUSA and Best Buy. Our average competitor has more than 10,000 square feet of space and usually offers walk-in service.

6

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Signature Leisure, Inc.  Annual Report

Marketing

Signature Leisure, Inc.(Investor Relations Division)

Within the investor relations segment of this division, we currently focus on Pink Sheet and OTC BBB listed companies. We utilize cold call selling techniques in an attempt to locate potential client whose needs generally
match our offerings. We then tailor the services being offered to the potential client to more specifically match the clients needs. We believe clients rarely compare investor relations companies directly, looking for two, or more, possible
providers of a proposed project or job. We believe they typically follow word-of-mouth recommendations, rather than selecting from a menu of possible providers.

Within the consulting services segment of the division, we focus on word-of-mouth referrals from business associates.  We believe potential clients rarely would compare our services with other consulting firms because
typically potential clients are not even aware of any potential competitors offering similar services.

Signature Auto

No formal direct marketing program was initiated by the Company. The Company did not spend resources to purchase customer lists. In January 2007, the Company discontinued operations of Signature Auto and cancelled the
license with the State of Florida.

E Cubed

Matt Lettau, our operations coordinator, performs cold call prospecting of potential clients in our general geographic area. No advertising campaigns are anticipated or planned.

The target customer is a small business with five to twenty-five employees using network and computer based applications. We believe that this type of entity will generally have a small number of decision makers and are
very cost and customer service conscious. We believe that the particular advantage of this customer is the fact that most small business owners and decision makers know and align themselves with other small business owners and decision makers. We
believe that this presents us with an ideal scenario for word of mouth marketing. We will focus most of our marketing efforts on personal contacts and leads generated through one of various sources which we believe will pre-qualify clients, have a
general understanding of the needs and products, and be able to make a direct reference and introduction for us to the client, usually through an existing business relationship in another arena.

Parker Productions

Parker Productions utilizes a continually adaptive sales and marketing model to attract clients from the highest potential income segments. An attractive, flexible, and client goal tailored program allows us to market
ourselves to any business category in any area.

We currently focus on businesses, whose needs generally match our offerings, outlining several benefits to potential clients including fiscal and time efficiencies as well as more effective exposure and campaign results

We believe clients rarely compare promotional groups directly, looking for two, or more, possible providers of a proposed project or job. We believe they typically follow word-of-mouth recommendations, rather than selecting
from a menu of possible providers.

To increase list of clients, Parker Productions manages a lead generation program. This lead generation program is maintained by Evan Weybright, Vice President of Operations, through a network that consists of referrals to
Parker Productions made by the Orlando Convention and Visitors Bureau.

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Signature Leisure, Inc.  Annual Report

Government Regulation

Other than the local licensing and registration requirements of our former Auto dealership segment, we are not aware of any specific government regulations that we need to comply with in order to operate our businesses.Consultants/EmployeesSignature Leisure currently utilizes eight consultant/employees, in addition to our sole officer and director Mr. Carnes, for operations in our business
segments. Additional services required for our operations are provided by subcontractors engaged as required.

Signature Leisure, Inc. (Parent)

- Cynthia Wainwright, Administrative Assistant
- Barbara Moran, Staff Attorney
- Edward R. Miers, Special Advisor*
- K&L International Enterprises, Inc., Special Advisor**

Signature Leisure, Inc. (Investor Relations Division)

- Edward R. Miers, Sales Director
- Edward G. Miers, Sales associate
- Amber Boyd, Administrative Assistant
- Gemma Mathews, Client Services Administrator

Parker Productions (event staffing)

- Stephen W. Carnes, Sales Director
- Cynthia Wainwright, Administrative Assistant

E Cubed Technologies (information technology services)

-Evan Weybright, Operations Director

|*Edward R. Miers assists the Company with corporate strategy and evaluation.**K&L International Enterprises, Inc. assists the Company with corporate strategy and evaluation.
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Parker Productions, Inc. maintains a large list of independent contractors for use at tradeshows and promotional events, these contractors used on a random basis wholly dependent upon client need. All independent
contractors are contracted on an "as needed" basis.

Description of Property

During the fiscal year ending December 31, 2006 Signature Leisure, Inc. leased office and warehouse space located at 100 Candace Drive, Suite 100, Maitland, Florida 32751. The facilities were leased on a month-by-month
basis. Payments under the lease were approximately $3,140 monthly. The Company terminated the lease of these facilities. Signature Leisure, Inc. has office space located at 1375 S.R. 436, Suite 1035, Casselberry, FL 32707. The Company entered
into a lease in January of 2007 whereby it utilizes approximately 1,500 sq. ft. of office space in exchange for providing document storage and retrieval services. The lease is on a month-to-month basis. Management believes these facilities are
sufficient for our current operations.

Signature Leisure, Inc. has office space located at 11108 Zealand Ave N., Suite 201, Champlin, MN 55316. The Company entered into a lease agreement in January 2007 whereby it utilizes approximately 131 sq. ft. of office
space. Currently, we lease this office space on a lease expiring January 31, 2008 for $543.50 per month. Signature Leisure, Inc. has office space located at 315 E. Wallace St, Fort Wayne, IN 46803. The Company entered into a lease agreement in
January 2007 whereby it utilizes approximately 2,000 sq ft of office space in exchange for providing document storage and retrieval services. The lease is on a month-to-month basis.

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Signature Leisure, Inc.  Annual Report

Legal Proceedings

No legal proceedings were initiated by or served upon the Company in the fiscal year ending December 31, 2006.

Submission of Matters to a Vote of Security Holders

No matters were submitted to a vote of security holders during the fourth quarter of fiscal year 2006.

Market for Common Equity and Related Stockholder Matters

Signature Leisure, Inc. common stock is listed on the NASDAQ Bulletin Board under the symbol SGLS. Previously, the common stock was listed under the symbol VLDE (effective February 14, 2003). Prior
to that, the common stock was listed under the symbol JDLP (effective May 24, 2002). The following table sets forth the high and low bid prices for our common stock for the periods indicated as reported by the NASDAQ Over-the-Counter
Bulletin Board. The quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not represent actual transactions.

|YEAR 2005                        |  | High Bid |  | Low Bid
|-------------------------------- |  | -------- |  | -------
|                                 |  |          |  |        
|Quarter Ended March 31, 2005     |  | $0.175   |  | $0.055 
|Quarter Ended June 30, 2005      |  | $0.065   |  | $0.027 
|Quarter Ended September 30, 2005 |  | $0.053   |  | $0.013 
|Quarter Ended December 31, 2005  |  | $0.144   |  | $0.015 
|YEAR 2006                        |  | High Bid |  | Low Bid
|                                 |  |          |  |        
|Quarter Ended March 31, 2006     |  | $0.268   |  | $0.111 
|Quarter Ended June 30, 2006      |  | $0.185   |  | $0.08  
|Quarter Ended September 29, 2006 |  | $0.033   |  | $0.019 
|Quarter Ended December 29, 2006  |  | $0.009   |  | $0.003 

| | HoldersSignature Leisure, Inc. had 221,795,247 shares of common stock issued and outstanding as of December 31, 2006.Signature Leisure, Inc.s shares of outstanding common stock are held by approximately 52 shareholders of recordand an undetermined number of holders in street name.Signature Leisure, Inc. has currently 0 shares of preferred stock issued and outstanding.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Dividend Policy

Signature Leisure, Inc. has not paid a cash dividend on its common stock in the past two fiscal years. There are norestrictions on the common stock or otherwise
that limit the ability of us topay cash dividends if declared by the Board of Directors. The holders of commonstock are entitled
to receive dividends if and when declared by the Board ofDirectors, out of funds legally available therefore and to share pro-rata in anydistribution to the shareholders. Generally, we are not able to pay dividends ifafter payment of the dividends, we would be unable to pay our liabilities asthey become due or if the value of our assets, after payment of the liabilities,is less than the aggregate of our liabilities and stated
capital of all classes.The Company does not anticipate paying any cash dividends on its common stock in the next 12 month period. Management anticipates that earnings, if any, will be
retained to fund the Company's working capital needs and the implementation of its business plan. The payment of any dividends is at the discretion of the Board of Directors.

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Signature Leisure, Inc.  Annual Report

Equity Compensation Plan Information

The following table provides information as of December 31, 2006 regarding compensation plans (including individual compensation arrangements) under which equity securities are authorized for issuance:

|                                   |  |                      |  |                      |  | Number of securities  
|---------------------------------- |  | -------------------- |  | -------------------- |  | ----------------------
|                                   |  | Number of securities |  |                      |  | available for future  
|                                   |  | to be issued         |  | Weighted-average     |  | issuance under equity 
|                                   |  | upon exercise of     |  | exercise price of    |  | compensation plans    
|                                   |  | outstanding options, |  | outstanding options, |  | (excluding securities 
|Plan Category                      |  | warrants and rights  |  | warrants and rights  |  | shown in first column)
|Equity compensation plans          |  |                      |  |                      |  |                       
|approved by shareholders           |  | 0                    |  | $0.0                 |  | 0                     
|Equity compensation plans          |  | 0                    |  | $ 0.0                |  | 5,093,244             
|not approved by shareholders(1)(2) |  |                      |  |                      |  |                       
|                                   |  |                      |  |                      |  |                       
|Total                              |  | 0                    |  | $ 0.0                |  | 5,093,244             

|(1)Consists of shares of our common stock issued or remaining available for issuance under our Second Amended Signature Leisure StockCompensation Plan dated January 24, 2006.(2)Our Second Amended Signature Leisure Stock Compensation Plan dated January 24, 2006 authorized 20,000,000 common shares and wasregistered on Form S-8 Effective January 27, 2006. This plan authorizes the board of directors to issue common stock as compensation toemployees, advisors and consultants.
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Recent Sales of Unregistered Securities

During the three month period ended December 31 2006, we have issued 50,000,000 shares of our $0.001 par value common stock to our sole Officer and Director Stephen Carnes as payment of $350,000 of the sole officer
and directors accrued compensation. The shares issued were restricted pursuant to Rule 144 and valued at $350,000. During the three month period ended December 31 2006, we have issued 3,000,000 shares of our $0.001 par value common
stock to an employee/consultant Evan Weybright as compensation for services. The shares issued were restricted pursuant to Rule 144 and valued at $21,000.

During the three month period ended December 31 2006, we have issued 3,000,000 shares of our $0.001 par value common stock to an employee/consultant Cynthia Wainwright as compensation for services. The shares issued
were restricted pursuant to Rule 144 and valued at $21,000.

During the three month period ended December 31 2006, we have issued 3,000,000 shares of our $0.001 par value common stock to an employee/consultant Barbra Moran as compensation for services. The shares issued were
restricted pursuant to Rule 144 and valued at $21,000.

During the three month period ended December 31 2006, we have issued 3,000,000 shares of our $0.001 par value common stock to an employee/consultant Matt Lettau as compensation for services. The shares issued were
restricted pursuant to Rule 144 and valued at $21,000.

During the three month period ended December 31 2006, we have issued 3,000,000 shares of our $0.001 par value common stock to an employee/consultant K&L International Enterprises, Inc. as compensation for services.
The shares issued were restricted pursuant to Rule 144 and valued at $21,000.

All shares were issued as exempted transactions under Section 4(2) of the Securities Act of 1933 and are subject to Rule 144 of the Securities Act of 1933. The recipient(s) of our stock took their shares for investment
purposes without a view to distribution.  Furthermore, they had access to information concerning our Company and our business prospects; there was no general solicitation or advertising for the purchase of our shares; there were no commissions paid;
and the securities are restricted pursuant to Rule 144.

All other sales of unregistered equity securities for the twelve month period ended December 31, 2006 were previously disclosed on our prior Form 10QSB reports or our Current reports on Form 8K.

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Signature Leisure, Inc.  Annual Report

Management's Discussion and Analysis or Plan of Operations

This statement may include projections of future results and forward looking statements as that term is defined in Section 27A of the Securities Act of 1933 as amended (the Securities Act), and
Section 21E of the Securities Exchange Act of 1934 as amended (the Exchange Act). All statements that are included in this Quarterly Report, other than statements of historical fact, are forward looking statements. Although management
believes that the expectations reflected in these forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.

Summary of Operations

The business of Signature Leisure, Inc. during the period ending December 31, 2006 included the operations of Parker Productions, Inc., a modeling and event staffing business, E Cubed Technologies, an information technology
services company and Signature Auto, an independent dealer in motor vehicles. An investor relations and business consulting segment was started in January 2007. Our focus of operations for the next 12-month period will be develop our business
segments focusing on growing operations in each entity to generate revenues. Signature Leisure, Inc. intends to use profits from operations to maintain and grow each business segment. We will continue our efforts to raise additional capital to
maintain existing and generate expanded operations. To date we have not generated any significant profits from operations in any of our business segments.

Signature Auto

We restarted the pre-owned vehicle sales dealership in the form of wholesale sales. During fiscal year 2006 we were not retailing vehicles, which is to say that we are not holding inventory for the express purpose of
selling to the retail public. We were purchasing inventory with the sole purpose of wholesaling the vehicles to other dealers. The scope of the operation was somewhat limited due to available capital, which consisted of a $35,000 loan from our
sole officer and director of the company. We closed our previously established floor plan credit lines. No outstanding balances remained on the credit lines. In January 2007, the Company discontinued operations of Signature Auto and cancelled the
license with the State of Florida.

Parker Productions

Parker Productions, Inc. operations are being developed as a modeling and event staffing business. The individual models and staff that the Company provides to clients operate as independent contractors to the Company.
Presently the company is providing customers with two basic forms of service. The first type of service is providing staff (models) for area conventions. Such type of services may include providing staff members to assist in managing the company's
booth or assisting the client with visitors to the client's booth. The second form of service is in the form of beverage promotions. Such promotions take place in area bars, in which Parker staff assist the client to gain product awareness from the
bar patrons.

E Cubed Technologies

Signature Leisure intends to build a full service IT, network/server, and computer services firm. The Company will provide both computer and network software and hardware products and services to make them useful to small
businesses. The systems include both PC-based LAN systems and server-based systems. The Company's services will include design and installation of network systems, training, support, and administration.

E Cubed Technologies has started business operations in the greater Orlando, Florida area. We are an authorized dealer for DocStar, one of the leading document imaging solution builders. DocSTAR, which is a product of
AuthentiDate, Inc., provides clients with a document imaging and retrieval solution. DocSTAR (Document Storage and Retrieval) offers software products for the document imaging industry with a suite of software solutions that securely scans, stores
and retrieves documents.

E Cubed Technologies is an authorized reseller of Dell products. This means we have the ability to purchase computer and network hardware and software at reseller pricing for resale to our clients.

11

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Signature Leisure, Inc.  Annual Report

Financial Condition and Results of Operations

Results of Operations for the Twelve Month period Ended December 31, 2006

During the fiscal year ending December 31, 2006 the Company had revenues of $80,680 and experienced a net operating loss of $2,291,293. Cost of sales for the period totaled $76,880. General and administrative
expenses of $505,828 and stock-based compensation totaling $1,466,583 were primary contributors to the net operating loss. During the fiscal year ending December 31, 2005 the Company had revenues of $101,632 and experienced a net
operating loss of $1,619,130. Cost of sales for the period totaled $73,810. General and administrative expenses of $723,102 and stock-based compensation totaling $913,773 were primary contributors to the net operating loss. The
significant difference in net operating loss for the fiscal years ending December 31, 2006 and 2005 is primarily due to an increase in stock-based compensation for the period ending December 31, 2006.

Cost of Services

For the twelve months ended December 31, 2006, the cost of our services was $76,880, as compared to $73,810 for the twelve months ended December 31, 2005. The costs for the 2006 and 2005 periods were relatively
consistent.

Expenses

For the twelve months ended December 31, 2006, our general and administrative expenses were $505,828, as compared to $723,102 for the twelve months ended December 31, 2005. Our general and administrative expenses
decreased as a result of a reduction of officers bonuses. In 2005, Mr. Carnes received a bonus of $300,000; in 2006 Mr. Carnes did not receive a bonus.

Net Loss

We incurred a net loss of $2,291,293 for the year ended December 31, 2006, compared to a net loss of $1,619,130 for the year ended December 31, 2005.The increased loss was due primarily to an increase in
administrative expenses primarily related to a increase in stock based compensation. At December 31, 2006, we had current assets of $91,327 and current liabilities of $432,167, resulting in a working capital deficit of $340,840;
comparably, at December 31, 2005, we had current assets of $70,021 and current liabilities of $942,978, resulting in a working capital deficit of $872,957.

Revenue and Cost by Segment

Signature Auto

Revenues from auto sales for the twelve month period ended December 31, 2006 were $22,182 and the related costs of auto sales were $31,980 or approximately 144% of revenue. During fiscal year 2006 we were not
retailing vehicles, we were purchasing inventory with the sole purpose of wholesaling the vehicles to other dealers.  In January 2007 the Company discontinued operations of Signature Auto.

Parker Productions

Revenues from services for the twelve month period ended December 31, 2006 were $6,720 and the related costs of contracted services were $6,220 or approximately 92% of revenue. Revenues from services for the twelve
month period ended December 31, 2005 were $26,575 and the related costs of services were $16,076 or approximately 60% of revenue.

E Cubed Technologies

Revenues from sales and services for the twelve month period ended December 31, 2006 were $44,354 and the related costs were $38,679 or approximately 87% of revenue. Revenues from sales and services for the twelve
month period ended December 31, 2005 were $29,206 and the related costs were $12,733 or approximately 44% of revenue.

12

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Signature Leisure, Inc.  Annual Report

Investment Activities

Revenge LLC, Loan and Equity Purchase

In July, 2006, Signature Leisure entered into a Loan and Stock Purchase Agreement with Revenge Designs, LLC (Revenge), Thomas Cress and Peter Collorafi (collectively Owner).

On July 14, 2006 the Company loaned to Revenge $50,000. On July 19, 2006 the Company loaned Revenge an additional $50,000 to bring the total loan to $100,000. Revenge agreed to pay $7,000 per quarter
starting on January

1, 2007 and continuing on the 1st day of each subsequent quarter through September 30, 2008.  The principal balance and any unpaid accrued interest mature on October 1, 2008. Accrued interest on the notes totaled
$10,480 at December 31, 2006.

On July 19, 2006 the Company paid to Revenge $100,000 for a 25% ownership interest.  The Company is accounting for the investment under the equity method. The Company records its proportionate share of Revenges
income or loss and reduces the investment accordingly.  Through December 31, 2006, the losses incurred by Revenge reduced the Companys investment to $-0-.

On September 29, 2006 the Company loaned Revenge an additional $100,000. Payments of interest only at 25% of the unpaid balance will begin on January 15, 2007 and continue quarterly on the 15thday of the first month of each quarter. The principal balance and any unpaid accrued interest mature on October 1, 2008. Accrued interest on the note totaled $6,301 at December 31, 2006.

As of December 31, 2006, the Companys management recorded an allowance against the two promissory notes and related accrued interest totaling $216,781.

Liquidity and Capital Resources

During the fiscal year ending December 31, 2006 the Company received $779,109 net cash provided by financing activities primarily from proceeds from sale of common stock. Net cash used in operating activities totaled
$431,173. Cash used in investing activities was $300,000. The resultant overall net increase in cash for the period was $47,936; where the beginning balance for the period was $35,543, the resultant cash balance at the end of the
period was $83,479.

During the fiscal year ending December 31, 2005 the Company received $195,859 net cash provided by financing activities primarily from proceeds from loans to related parties. Net cash used in operating activities
totaled $147,242. Cash used in investing activities was $23,823. The resultant overall net increase in cash for the period was $24,794; where the beginning balance for the period was $10,749, the cash balance at the end of the period
was $35,543.

Currently, the majority of our operations have been funded through loans and from the issuance of our common stock. We have not generated sufficient revenue to pay for our operations. At December 31, 2006, we had a working
capital deficit of $340,840; at December 31, 2005, a working capital deficit of $872,957; and, at December 31, 2004, a working capital deficit of $770,200, which means that we did not have sufficient assets to meet our liabilities; we
did not have sufficient revenue to pay our debts as they became due.

We continue to experience substantial cash flow difficulties and we expect to experience cash flow difficulties for an indefinite period. Although no assurances can be given, we believe that our cash flow deficit will
improve as revenues and sales increase. In addition, although no assurances can be given, we believe that we may be able to secure additional equity and/or debt financing.

13

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Signature Leisure, Inc.  Annual Report

A critical component of our operating plan impacting our continued existence is the ability to obtain additional capital through additional equity and/or debt financing. We do not anticipate enough positive internal
operating cash flow until such time as we can generate substantial revenues, which may take the next few years to fully realize. In the event we cannot obtain the necessary capital to pursue our strategic plan, we may have to cease or significantly
curtail our operations. This would materially impact our ability to continue operations.

Our near term cash requirements are anticipated to be offset through the receipt of funds from private placement offerings and loans obtained through private sources. Since inception, we have financed cash flow requirements
through debt financing and issuance of common stock for cash and services. As we expand operational activities, we may continue to experience net negative cash flows from operations, pending receipt of servicing or licensing fees, and will be
required to obtain additional financing to fund operations through common stock offerings and bank borrowings to the extent necessary to provide working capital.

Over the next twelve months we believe that existing capital and anticipated funds from operations will not be sufficient to sustain operations and planned expansion. Consequently, we will be required to seek additional
capital in the future to fund growth and expansion through additional equity or debt financing or credit facilities. No assurance can be made that such financing would be available, and if available it may take either the form of debt or equity. In
either case, the financing could have a negative impact on our financial condition and our Stockholders. We anticipate incurring operating losses over the next twelve months. Our lack of operating history makes predictions of future operating
results difficult to ascertain. Our prospects must be considered in light of the risks, expenses and difficulties frequently encountered by companies in their early stage of development. Such risks include, but are not limited to, an evolving and
unpredictable business model and the management of growth. To address these risks we must, among other things, obtain a customer base, implement and successfully execute our business and marketing strategy, continue to develop and upgrade technology
and products, respond to competitive developments, and attract, retain and motivate qualified personnel. There can be no assurance that we will be successful in addressing such risks, and the failure to do so can have a material adverse effect on
our business prospects, financial condition and results of operations.

Going Concern

Our consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the
accompanying financial statements, we have incurred significant losses since inception. During the year ended December 31, 2006 we had a net loss of $2,291,293. Our retained deficit as of December 31, 2006 was $7,255,872. Our total assets
for the year ended December 31, 2006 were $100,785. Our losses, among others, may indicate that we will be unable to continue as a going concern for reasonable period of time. The financial statements do not include any adjustments relating to
the recoverability and classification of liabilities that might be necessary should we be unable to continue as a going concern.

Our continuation as a going concern is dependent upon our ability to generate sufficient cash flow to meet our obligations on a timely basis and ultimately to attain profitability. We have limited capital with which to
pursue our business plan. There can be no assurance that our future operations will be significant and profitable, or that we will have sufficient resources to meet our objectives. We may pursue either the option of debt or equity financing or a
combination of both in order to raise sufficient capital in order to meet our financial requirements over the next twelve months and to fund our business plan. There is no assurance that we will be successful in raising additional funds.

14

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Signature Leisure, Inc.  Annual Report

Notes payable

On December 31, 2005, the company executed a note with Katalyst Capital Group, LTD combining promissory notes and accrued interest into one note in the amount of $69,689. The note carries an eight percent interest rate
and matures on December 31, 2006. On July 14, 2006 Katalyst loaned the Company an additional $10,000 under the same terms.

On August 21, 2006 the Company issued Katalyst 2,057,993 shares of common stock in payment of $79,689 principle plus $3,030 in accrued interest.  Shares were issued under the terms of a Standby Equity Distribution
Agreement (see Note 5 of the accompanying financial statements).

On September 29, 2006 K & L International loaned the company $50,000 in exchange for a promissory note. Payments of interest only at 15% of the unpaid balance will begin on January 15, 2007 and continue quarterly on
the 15thday of the first month of each subsequent quarter. The note matures on October 31, 2008.

Related Party Notes Payable Transactions

The following notes were issued to the Companys president and sole director and are included in the accompanying financial statements as Indebtedness to related parties.

On December 31, 2005 the Company executed a $128,558 promissory note.  The note was due on July 15, 2006.

During the year ended December 31, 2006, the Company executed promissory notes totaling $190,866 in exchange for the payment of expenses. The Company paid its president $63,064 in payment toward the notes. Interest
began to accrue at 12% at July 15, 2006.

On December 31, 2006, all previously outstanding notes were combined into one promissory note totaling $256,360. The note carries a 12% interest rate and matures on July 15, 2007. Accrued interest payable on the note
totaled $19,767 at December 31, 2006.

No interest was paid during the year ended December 31, 2006.

The following notes were issued to the Companys vice president and are included in the accompanying financial statements as Indebtedness to related parties.

On December 31, 2005, the Company executed a promissory note totaling $21,223 in exchange for the payment of expenses. The note was due on July 15, 2006.

During the year ended December 31, 2006, the Company executed promissory notes totaling $28,353 in exchange for the payment of expenses. The Company paid its vice president $18,000 toward the notes.

On December 31, 2006, all previously outstanding notes were combined into one promissory note totaling $31,576. The note matures on July 15, 2007. The note carries a 12% interest rate on any balances that remain
outstanding after July 15, 2007.

No interest was paid during the year ended December 31, 2006.

During the year ended December 31, 2006 the company paid a shareholder $14,935 plus accrued interest of $3,387 for a total of $18,322 toward an outstanding promissory note.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of
operations, liquidity, capital expenditures or capital resources that are material to investors.

15

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Signature Leisure, Inc.  Annual Report



|Signature Leisure, Inc.Financial Statements
|-------------------------------------------

|Contents                                                |  |        
|------------------------------------------------------- |  | -------
|                                                        |  | Page   
|Report of Independent Registered Public Accounting Firm |  | 17     
|Consolidated Financial Statements                       |  |        
|Balance Sheet                                           |  | 18     
|Statements of Operations                                |  | 19     
|Statement of Changes In Shareholders Deficit           |  | 20     
|Statements of Cash Flows                                |  | 21     
|Notes to Consolidated Financial Statements              |  | 22 - 35

16

---

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

|To the Board of Directors and Shareholders:Signature Leisure, Inc.
|------------------------------------------------------------------

We have audited the accompanying consolidated balance sheet of Signature Leisure, Inc. as of December 31, 2006, and the related statements of operations, changes in shareholders deficit, and cash flows for the years
ended December 31, 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 audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about
whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide 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 Signature Leisure, Inc. as of December 31, 2006, and the results of their operations and their
cash flows for the years ended December 31, 2006 and 2005, in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note 6 to the financial statements, the Company has incurred recurring losses, has negative
working capital and a net capital deficiency at December 31, 2006 and, based upon current operating levels, requires additional capital or significant restructuring to sustain its operations for the foreseeable future. Managements plans in
regard to this matter are also described in Note 6. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

As discussed in Notes 3, 5 and 7 to the financial statements, the Company has entered into several transactions with its president and sole director including, but not limited to, the issuance of over 120,000,000 shares of
the Companys common stock in exchange for compensation and the approval of $1,050,000 in bonuses under the terms of an employment agreement. Related party transactions are not considered to be arms-length transactions under Generally
Accepted Accounting Principles.

|Cordovano and Honeck LLPEnglewood, ColoradoMarch 23, 2007
|---------------------------------------------------------

17

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|SIGNATURE LEISURE, INC.CONSOLIDATED BALANCE SHEET
|-------------------------------------------------

|December 31, 2006                                               |  |   |  |            
|--------------------------------------------------------------- |  | - |  | -----------
|                                                               
|Assets                                                          |  |   |  |            
|                                                               
|Current assets:                                                 |  |   |  |            
|Cash                                                            |  | $ |  | 83,479     
|Inventory (Note 1)                                              |  |   |  | 7,848      
|                                                                |  |   |  |            
|Total current assets                                            |  |   |  | 91,327     
|                                                               
|Investment in equity securities (Note 10)                       |  |   |  | -          
|                                                               
|Equipment, less accumulated depreciation of $1,546              |  |   |  | 1,958      
|                                                               
|Notes receivable, less allowance of $200,000 (Note 10)          |  |   |  | -          
|                                                               
|Intangible assets:                                              |  |   |  |            
|Website (Note 8)                                                |  |   |  | 3,750      
|Contact list (Note 8)                                           |  |   |  | 3,750      
|                                                                |  |   |  |            
|                                                               
|Total assets                                                    |  | $ |  | 100,785    
|                                                                |  |   |  |            
|                                                               
|                                                               
|Liabilities and Shareholders Deficit                           |  |   |  |            
|                                                               
|Current liabilities:                                            |  |   |  |            
|Accounts payable                                                |  | $ |  | 8,185      
|Accrued liabilities                                             |  |   |  | 9,968      
|Indebtedness to related parties (Note 3)                        |  |   |  | 362,103    
|Notes payable (Note 2)                                          |  |   |  | 50,000     
|Accrued interest payable (Note 2)                               |  |   |  | 1,911      
|                                                                |  |   |  |            
|Total current liabilities                                       |  |   |  | 432,167    
|                                                                |  |   |  |            
|                                                               
|Shareholders deficit (Note 5):                                 |  |   |  |            
|Preferred stock, $.001 par value, 10,000,000 shares authorized, |  |   |  |            
|no shares issued and outstanding                                |  |   |  | -          
|Common stock, $.0001 par value, 500,000,000 shares authorized,  |  |   |  |            
|221,795,247 shares issued and outstanding                       |  |   |  | 22,180     
|Additional paid-in capital                                      |  |   |  | 6,902,310  
|Retained deficit                                                |  |   |  | (7,255,872)
|                                                                |  |   |  |            
|Total shareholders deficit                                     |  |   |  | (331,382)  
|                                                                |  |   |  |            
|                                                               
|Total liabilities and shareholders deficit                     |  | $ |  | 100,785    
|                                                                |  |   |  |            

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

18

---



|SIGNATURE LEISURE, INC.CONSOLIDATED STATEMENTS OF OPERATIONS
|------------------------------------------------------------

|                                            |  |   |  | For the Year Ended
|------------------------------------------- |  | - |  | ------------------
|                                            |  |   |  | December 31,      
|                                            |  |   |  | 2006              
|                                            |  |   |  |                   
|                                           
|Revenues                                    |  |   |  |                   
|Vehicle sales                               |  | $ |  | 22,182            
|Service revenues                            |  |   |  | 58,498            
|                                            |  |   |  |                   
|Total revenue                               |  |   |  | 80,680            
|                                            |  |   |  |                   
|                                           
|Operating expenses:                         |  |   |  |                   
|Cost of sales:                              |  |   |  |                   
|Vehicles                                    |  |   |  | 29,688            
|Contract services                           |  |   |  | 47,192            
|                                           
|Contributed rent (Note 7)                   |  |   |  | -                 
|Selling, general and administrative (Note1) |  |   |  | 1,972,411         
|Provision for doubtful accounts (Note 10)   |  |   |  | 216,781           
|                                            |  |   |  |                   
|Total operating expenses                    |  |   |  | 2,266,072         
|                                            |  |   |  |                   
|Operating loss                              |  |   |  | (2,185,392)       
|                                           
|Interest income                             |  |   |  | 16,781            
|Equity in losses of equity method investee  |  |   |  | (100,000)         
|Interest expense                            |  |   |  | (22,682)          
|                                            |  |   |  |                   
|Loss before income taxes                    |  |   |  | (2,291,293)       
|                                           
|Provision for income taxes (Note 4)         |  |   |  | -                 
|                                            |  |   |  |                   
|Net loss                                    |  | $ |  | (2,291,293)       
|                                            |  |   |  |                   
|                                           
|                                           
|Weighted average loss per share:            |  |   |  |                   
|Basic and diluted                           |  | $ |  | (0.02)            
|                                            |  |   |  |                   
|Weighted average number of shares           |  |   |  |                   
|of common stock outstanding                 |  |   |  | 142,188,472       
|                                            |  |   |  |                   

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

19

---



|SIGNATURE LEISURE, INC.CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
|---------------------------------------------------------------------------------

|                                                  |  |              |  |           |  | Additional  |  |               |  |            
|------------------------------------------------- |  | ------------ |  | --------- |  | ----------- |  | ------------- |  | -----------
|                                                  |  | Common Stock |  | Paid-in   |  | Retained    |  |              
|                                                  |  |              |  |           |  |             |  |              
|                                                  |  | Shares       |  | Par Value |  | Capital     |  | Deficit       |  | Total      
|                                                  |  |              |  |           |  |             |  |               |  |            
|                                                 
|Balance  December 31, 2004                       |  | 10,439,130   |  | $ 1,044   |  | $ 2,574,204 |  | $ (3,345,449) |  | $ (770,201)
|                                                 
|Common stock issued in exchange for legal and     |  |              |  |           |  |             |  |               |  |            
|consulting services, and commitment fees (Note 5) |  | 48,556,284   |  | 4,856     |  | 907,223     |  | -             |  | 912,079    
|Common stock issued to an officer in exchange     |  |              |  |           |  |             |  |               |  |            
|for accrued compensation (Note 5)                 |  | 40,000,000   |  | 4,000     |  | 596,000     |  | -             |  | 600,000    
|Common stock sales                                |  | 1,142,851    |  | 114       |  | 19,886      |  | -             |  | 20,000     
|Office space contributed by an affiliate          |  | -            |  | -         |  | 1,694       |  | -             |  | 1,694      
|Net loss                                          |  | -            |  | -         |  | -           |  | (1,619,130)   |  | (1,619,130)
|                                                  |  |              |  |           |  |             |  |               |  |            
|                                                 
|Balance  December 31, 2005                       |  | 100,138,265  |  | $ 10,014  |  | $ 4,099,007 |  | $ (4,964,579) |  | $ (855,558)
|                                                 
|Common stock issued in exchange for               |  |              |  |           |  |             |  |               |  |            
|consulting services (Note 5)                      |  | 31,250,000   |  | 3,125     |  | 1,240,625   |  | -             |  | 1,243,750  
|Common stock issued in exchange for               |  |              |  |           |  |             |  |               |  |            
|legal services (Note 5)                           |  | 78,378       |  | 8         |  | 14,492      |  | -             |  | 14,500     
|Common stock issued for payment for               |  |              |  |           |  |             |  |               |  |            
|accounts payable (Note 5)                         |  | 78,378       |  | 8         |  | 14,492      |  | -             |  | 14,500     
|Common stock issued for cash under terms of the   |  |              |  |           |  |             |  |               |  |            
|equity distribution agreement (Note 5)            |  | 15,464,961   |  | 1,547     |  | 608,453     |  | -             |  | 610,000    
|Common stock issued for payment of                |  |              |  |           |  |             |  |               |  |            
|loan and accrued interest (Note 2)                |  | 2,057,993    |  | 206       |  | 82,513      |  | -             |  | 82,719     
|Common stock issued for payment for accrued       |  |              |  |           |  |             |  |               |  |            
|salary, bonus and auto allowance (Note 5)         |  | 42,965,415   |  | 4,296     |  | 637,371     |  | -             |  | 641,667    
|Common stock issued for payment for               |  |              |  |           |  |             |  |               |  |            
|officer salary (Note 5)                           |  | 29,761,857   |  | 2,976     |  | 205,357     |  | -             |  | 208,333    
|Net loss                                          |  | -            |  | -         |  | -           |  | (2,291,293)   |  | (2,291,293)
|                                                  |  |              |  |           |  |             |  |               |  |            
|                                                 
|Balance  December 31, 2006                       |  | 221,795,247  |  | $ 22,180  |  | $ 6,902,310 |  | $ (7,255,872) |  | $ (331,382)

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

20

---



|SIGNATURE LEISURE, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS
|------------------------------------------------------------

|                                                                            |  | For the Year Ended
|--------------------------------------------------------------------------- |  | ------------------
|                                                                            |  |                   
|                                                                            |  | 2006              
|                                                                            |  |                   
|CASH FLOWS FROM OPERATIONS                                                  |  |                   
|Net Loss                                                                    |  | $ (2,291,293)     
|Adjustments to reconcile net loss to net cash used in operating activities: |  |                   
|Stock issued for services (Note 5)                                          |  | 1,258,250         
|Stock issued for officer compensation                                       |  | 208,333           
|Contributed rent                                                            |  |                   
|Depreciation and amortization expense                                       |  | 7,941             
|Provision for doubtful accounts                                             |  | 216,781           
|Loss on LLC investment                                                      |  | 100,000           
|Changes in assets and liabilities:                                          |  |                   
|Accounts receivable                                                         |  | 15,522            
|Accrued interest income                                                     |  | (16,781)          
|Allowance for bad debt                                                      |  | (7,405)           
|Inventory and other current assets                                          |  | 18,513            
|Accounts payable and accrued liabilities                                    |  | (10,369)          
|Accrued interest expense                                                    |  | 19,295            
|Accrued salaries and relayed expenses                                       |  | 50,067            
|                                                                            |  |                   
|                                                                           
|Net cash used in operating activities                                       |  | (431,173)         
|                                                                            |  |                   
|CASH FLOWS FROM INVESTING ACTIVITIES                                        |  |                   
|Purchase of equipment                                                       |  |                   
|Purchase of website                                                         |  |                   
|Purchase of customer list                                                   |  |                   
|Cash loan to Revenge Designs, LLC                                           |  | (200,000)         
|Purchase of 25% investment in Revenge Designs, LLC                          |  | (100,000)         
|                                                                            |  |                   
|                                                                           
|Net cash used in investing activities                                       |  | (300,000)         
|                                                                            |  |                   
|CASH FLOWS FROM FINANCING ACTIVITIES                                        |  |                   
|Proceeds from borrowings (Note 2)                                           |  | 60,000            
|Proceeds from sale of common stock                                          |  | 610,000           
|Proceeds from notes issued to related parties (Note 3)                      |  | 109,109           
|                                                                            |  |                   
|                                                                           
|Net cash provided by financing activities                                   |  | 779,109           
|                                                                            |  |                   
|                                                                           
|Net change in cash                                                          |  | 47,936            
|Cash, beginning of period                                                   |  | 35,543            
|                                                                            |  |                   
|Cash, end of period                                                         |  | $ 83,479          
|                                                                            |  |                   
|Supplemental disclosure of cash flow information:                           |  |                   
|Cash paid during the year for:                                              |  |                   
|Interest                                                                    |  | $                 
|                                                                            |  |                   
|Income Taxes                                                                |  | $                 
|                                                                            |  |                   
|Non-cash investing and financing transactions:                              |  |                   
|Common stock issued as payment for accrued compensation                     |  | $ 641,667         
|                                                                            |  |                   
|Common stock issued as payment for accounts payable                         |  | $ 14,500          
|                                                                            |  |                   
|Common stock issued as payment for note payable                             |  | $ 79,689          
|                                                                            |  |                   
|Common stock issued as payment for accrued interest                         |  | $ 3,030           
|                                                                            |  |                   

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

21

---



|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Note 1Nature of business and significant accounting policies

Description of organization

Signature Leisure, Inc. (referred to as Signature or the Company) has been focused on the following operations during the years ended December 31, 2006 and 2005: Signature Leisure, d.b.a Signature
Auto, operates as an independent dealer in motor vehicles within the State of Florida.

On February 15, 2005, the Company acquired assets from Parker Productions (See Note 8) for the purpose of providing modeling and event staffing services.

In July 2005, E Cubed Technologies, Inc. (E Cubed) was incorporated by the Company to assume the existing information technology consulting operations of Signature.  Additionally, E Cubed is an authorized dealer
for a company that provides document imaging and retrieval solutions through software products that securely scan, store, and retrieve documents.

Management may also consider other opportunities as additional or alternative means to develop revenue for the company.

Consolidation

The consolidated financial statements for the years ended December 31, 2006 and 2005 included in this report include the activities of Signature Leisure, Inc. and its wholly-owned subsidiaries, Parker Productions, Inc. and
E Cubed Technologies, Inc. All significant intercompany balances and transactions have been eliminated in consolidation.

Use of estimates

The preparation of the financial statements in conformity with generally accepted accounting principals requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities;
disclosure of contingent assets and liabilities at the date of the financial statements; and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates.Accounts ReceivableAccounts receivable consists of amounts due from customers for sales of products and services.  The Company considers accounts more than 30 days old to be past due. The
Company uses the allowance method for recognizing bad debts. When an account is deemed uncollectible, it is written off against the allowance. An account is considered doubtful when it is over 90 day past due and any attempts to collect are
unsuccessful. The Company generally does not require collateral for its accounts receivable.

Inventory

Inventory is stated at the lower of cost (specific identification) or market. Market is generally considered to be net realizable value. Inventory consists of the following at December 31, 2006:

|Docstar System  |  | $ |  | 7,848
|--------------- |  | - |  | -----
|                |  |   |  |      
|Total Inventory |  | $ |  | 7,848
|                |  |   |  |      

22

---



|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Equipment

Equipment is stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets, currently estimated at three years.  Expenditures for additions and improvements
are capitalized, while repairs and maintenance costs are expensed as incurred.  The cost and related accumulated depreciation of property and equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is recorded in
the year of disposal. Depreciation expense totaled $1,274 and $590 for the years ended December 31, 2006 and 2005, respectively.

Intangible assets

The intangible assets are stated at cost and amortized over an estimated useful life of three years using the straight-line method. Amortization commenced on February 15, 2005 and amortization expense for the year ended
December 31, 2006 and 2005 totaled $6,667 and $5,833, respectively.

Major classes of intangible assets consist of the following at December 31, 2006 and 2005:

|                         |  |   |  | December 31,
|------------------------ |  | - |  | ------------
|                         |  |   |  | 2006        
|Web site                 |  | $ |  | 10,000      
|Customer list            |  |   |  | 10,000      
|Accumulated amortization |  |   |  | (12,500)    
|                         |  |   |  |             
|                         |  | $ |  | 7,500       

Long-Lived Assets and Impairment

In accordance with SFAS No. 144,Accounting for the Impairment or Disposal of Long-Lived Assets(SFAS No. 144), when current events or
circumstances indicate that the carrying value of an asset may not be recoverable, the Company tests the carrying value of the asset. If the tests indicate that the carrying value of the asset is greater than the expected undiscounted cash flows to
be generated by such asset, then an impairment adjustment needs to be recognized. Such adjustment consists of the amount by which the carrying value of such asset exceeds its fair value. The Company generally measures fair value by considering sale
prices for similar assets or by discounting estimated future cash flows from such asset using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of assets, and accordingly, actual results could
vary significantly from such estimates. Assets to be disposed of are carried at the lower of their carrying value or fair value less costs to sell.Revenue recognitionThe
Company recognizes revenue from pre-owned vehicle sales upon transfer of title. The company does not provide any warranties upon sale of its pre-owned vehicles. All vehicles are sold as-is.

The Company recognizes revenue for modeling and event staffing services in the period the services are provided. The Company recognizes revenue information technology consulting operations and document imaging and retrieval
solutions when services are provided or when software is shipped.

Cash and cash equivalents

For the purpose of the statements of cash flows, all highly liquid investments with a maturity of three months or less are considered to be cash equivalents.

Advertising Costs

The Company expenses all costs of advertising as incurred. There were advertising costs included in general and administrative expenses of $40 and $565 as of December 31, 2006 and December 31, 2005, respectively.

23

---



|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

General and administrative expenses

General and administrative expenses consist of the following for the three months ended December 31, 2006 and 2005:

|                                   |  |   |  | 2006      |  |   |  | 2005     
|---------------------------------- |  | - |  | --------- |  | - |  | ---------
|                                   |  |   |  |           |  |   |  |          
|Officer compensation               |  | $ |  | 41,667    |  | $ |  | 250,000  
|Officer bonus                      |  |   |  | -         |  |   |  | 300,000  
|Stock Based Compensation: (Note 5) |  |   |  |          
|Legal services                     |  |   |  | 14,500    |  |   |  | 95,875   
|Officer salary                     |  |   |  | 208,333   |  |   |  | -        
|Consulting services                |  |   |  | 1,243,750 |  |   |  | 802,898  
|Commitment fee                     |  |   |  | -         |  |   |  | 15,000   
|Consulting service                 |  |   |  | 243,210   |  |   |  | -        
|Legal fees                         |  |   |  | 87,451    |  |   |  | 22,000   
|Other G & A expense                |  |   |  | 133,500   |  |   |  | 151,102  
|                                   |  |   |  |           |  |   |  |          
|                                   |  | $ |  | 1,972,411 |  | $ |  | 1,636,875

Fair value of financial instruments

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2006. The respective carrying value of certain on-balance-sheet financial
instruments approximated their fair values. These financial instruments include cash, accounts receivable, accounts payable, accrued expenses and notes payable. Fair values were assumed to approximate carrying values for these items because they are
short term in nature or are payable on demand.

Income taxes

The Company accounts for income taxes under the provisions of SFAS No. 109, Accounting for Income Taxes. SFAS No. 109 requires recognition
of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities arise from the difference between
the tax basis of an asset or liability and its reported amount on the financial statements. Deferred tax amounts are determined by using the tax rates expected to be in effect when the taxes will actually be paid or refunds received, as provided
under currently enacted law. Valuation allowances are established when necessary to reduce the deferred tax assets to the amounts expected to be realized. Income tax expense or benefit is the tax payable or refundable, respectively, for the period
plus or minus the change during the period in the deferred tax assets and liabilities.

Earnings per share

The Company has adopted Statement of Financial Accounting Standards No. 128.Earnings Per Share("SFAS No. 128").  Basic earnings per common share
("EPS") calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earning per common share calculations are determined by dividing net income by the weighted
average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti- dilutive they are not considered in the computation. The Company had no stock awards outstanding at
December 31, 2006.

Stock-Based Compensation

On January 1, 2006, the Company adopted SFAS 123 (revised 2004),Share-Based Payment(SFAS 123(R)), which requires the measurement and
recognition of compensation expense for all share-based awards made to employees and directors, including employee stock options and shares issued through its employee stock purchase plan, based on estimated fair values. In March 2005, the
Securities and Exchange Commission issued Staff Accounting Bulletin 107 (SAB 107) relating to SFAS 123(R). The Company has applied the provisions of SAB 107 in its adoption of SFAS 123(R). The Company adopted SFAS 123(R) using the
modified prospective transition

24

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

method, which requires the application of the accounting standard as of the beginning in 2006. The Company financial statements as of and for the year ended December 31, 2006 reflect the impact of SFAS 123(R). In
accordance with the modified prospective transition method, The Company financial statements for prior periods do not include the impact of SFAS 123(R).

Stock compensation expense recognized during the period is based on the value of share-based awards at the date of the award. Stock compensation expense in 2006 includes compensation expense for the share-based awards
granted subsequent to January 1, 2006 based on the grant date fair value estimated in accordance with the provisions of SFAS 123(R). The Company did not issue any options or warrants during 2006.All stock based compensation is awarded based on board resolution and valued at the market value at the date of the resolution.

Prior to the adoption of SFAS 123(R), The Company accounted for stock-based awards to employees and directors using the intrinsic value method in accordance with Accounting Principles Board Opinion 25,Accounting for Stock Issued to Employees(APB 25). Under the intrinsic value method that was used to account for stock-based awards prior to January 1, 2006, which had been allowed
under the original provisions of SFAS 123, compensation expense is recorded on the date of grant if the current market price of the underlying stock exceeded the exercise price. The Company accounts for stock issued to nonemployees in accordance
with the provisions of SFAS 123 and EITF Issue No. 96-18, Accounting for Equity Instruments That Are Issued to Other Than Employees for Acquiring, or in Conjunction with Selling, Goods or Services. SFAS 123R did not change the accounting
for stock issued to nonemployees, which were previously recorded under the fair value method under SFAS 123.

Recent pronouncements

In June 2003, the Securities and Exchange Commission (SEC) adopted final rules under Section 404 of the Sarbanes-Oxley Act of 2002 (Section 404). Commencing with our annual report for the year ended
December 31, 2007, we will be required to include a report of management on our internal control ever financial reporting. The internal control report must include a statement,

- of managements responsibility for establishing and maintaining adequate internal control over our financial reporting;
- of managements assessment of the effectiveness of our internal control over financial reporting as of year end;
- of the framework used by management to evaluate the effectiveness of our internal control over financial reporting; and
- that our independent accounting firm has issued an attestation report on managements assessment of our internal control over financial reporting, which report is also required to be
filed

25

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

In February 2006, the FASB issued SFAS 155, Accounting for Certain Hybrid Financial Instruments."  This Statement amends FASB Statements No. 133, Accounting for Derivative Instruments and Hedging Activities, and No.
140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities. This Statement resolves issues addressed in Statement 133 Implementation Issue No. Dl, Application of Statement 133 to Beneficial Interests in
Securitized Financial Assets. This Statement:

|a) | Permits fair value remeasurement for any hybrid financial instrument that contains an embedded derivative that otherwise would require bifurcation.                                                                                        
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|b) | Clarifies which interest-only strips and principal-only strips are not subject to the requirements of Statement 133.                                                                                                                       
|  
|c) | Establishes a requirement to evaluate interests in securitized financial assets to identify interests that are freestanding derivatives or that are hybrid financial instruments that contain an embedded derivative requiring
bifurcation.
|  
|d) | Clarifies that concentrations of credit risk in the form of subordination are not embedded derivatives.                                                                                                                                   
|  
|e) | Amends Statement 140 to eliminate the prohibition on a qualifying special-purpose entity from holding a derivative financial instrument that pertains to a beneficial interest other than another derivative financial
instrument.         
|  

The fair value election provided for in paragraph 4(e) of this Statement may also be applied upon adoption of this Statement for hybrid financial instruments that had been bifurcated under paragraph 12 of Statement 133
prior to the adoption of this Statement. Earlier adoption is permitted as of the beginning of our fiscal year, provided we have not yet issued financial statements, including financial statements for any interim period, for that fiscal year.
Provisions of this Statement may be applied to instruments that we hold at the date of adoption on an instrument-by-instrument basis.

Adoption of this Statement is required as of the beginning of the first fiscal year that begins after September 15, 2006. The adoption of this statement is not expected to have a material impact on the Companys
financial statements.

In March 2006, The FASB issued SEAS 156,Accounting for Servicing of Financial Assets. This Statement amends FASB Statement No. 140,
Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, with respect to the accounting for separately recognized servicing assets and servicing liabilities. This Statement:

|a) | Requires an entity to recognize a servicing asset or servicing liability each time it undertakes an obligation to service a financial asset by entering into a servicing contract in certain situations.                                                                                                                                                                                                                                                                                                                       
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|b) | Requires all separately recognized servicing assets and servicing liabilities to be initially measured at fair value, if practicable.                                                                                                                                                                                                                                                                                                                                                                                          
|  
|c) | Permits an entity to choose either the amortization method or the fair value measurement method for each class of separately recognized servicing assets and servicing liabilities.                                                                                                                                                                                                                                                                                                                                            
|  
|d) | At its initial adoption, permits a one-time reclassification of available-for-sale securities to trading securities by entities with recognized servicing rights, without calling into question the treatment of other
available-for-sale securities under Statement 115, provided that the available-for-sale securities are identified in some manner as offsetting the entitys exposure to changes in fair value of servicing assets or servicing liabilities that a
servicer elects to subsequently measure at fair value.
|  
|e) | Requires separate presentation of servicing assets and servicing liabilities subsequently measured at fair value in the statement of financial position and additional disclosures for all separately recognized servicing
assets and servicing liabilities.                                                                                                                                                                                                                                                                   
|  

26

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Adoption of this Statement is required as of the beginning of the first fiscal year that begins after September 15, 2006. The adoption of this statement is not expected to have a material impact on the Companys
financial statements.

In September 2006, the FASB issued Statement No. 157, Fair Value Measurements. This Statement defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles and
expands disclosure about fair value measurement. SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The implementation of this guidance is not
expected to have any impact on the Companys financial statements.

In September 2006, the FASB issued Statement of Financial Accounting Standards No. 158, Employers Accounting for Defined Benefit Pension and Other Postretirement Plans, an amendment of PASS Statements No. 87,
106, and 132(R) (SFAS No. 158). SFAS No. 158 requires companies to recognize a net liability or asset and an offsetting adjustment to accumulated other comprehensive income to report the funded status of defined benefit pension and
other postretirement benefit plans. SFAS No. 158 requires prospective application, recognition and disclosure requirements effective for the Companys fiscal year ending December 31, 2007. Additionally, SFAS No. 158 requires companies to
measure plan assets and obligations at their year-end balance sheet date. This requirement is effective for the Companys fiscal year ending December 31, 2009. The Company is currently evaluating the impact of the adoption of SFAS No. 258 and
does not expect that it will have a material impact on its financial statements.

In September 2006, the United States Securities and Exchange Commission (SEC), adopted SAB No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year
Financial Statements. This SAB provides guidance on the consideration of the effects to prior year misstatements in quantifying current year misstatements for the purpose of a materiality assessment. SAB 108 establishes an approach that
requires quantification of financial statement errors based on the effects of each of the companys balance sheet and statement of operations financial statements and the related financial statement disclosures. The SAB permits existing public
companies to record the cumulative effect of initially applying this approach in the first year ending after November 15, 2006 by recording the necessary correcting adjustments to the carrying values of assets and liabilities as of the beginning of
that year with the offsetting adjustment recorded to the opening balance of retained earnings. Additionally, the use of the cumulative effect transition method requires detailed disclosure of the nature and amount of each individual error being
corrected through the cumulative adjustment and how and when it arose. The Company is currently evaluating the impact, if any, that SAB 108 may have on the Companys results of operations or financial position.

In July 2006, the FASB issued FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes-an interpretation of FASB Statement No. 109. This Interpretation prescribes a recognition threshold and
measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Interpretation No. 48 also provides guidance on derecognition, classification, interest andpenalties,accounting in interim periods, disclosure, and transition. Interpretation No. 48 is effective for fiscal years beginning after
December 15, 2006 and the Company is currently evaluating the impact, if any, that FASB No. 48 may have on the Companys results of operations or financial position.

27

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Note 2Notes payable

On December 31, 2005, the company executed a note with Katalyst Capital Group, LTD combining promissory notes and accrued interest into one note in the amount of $69,689. The note carries an eight percent interest rate
and matures on December 31, 2006. On July 14, 2006 Katalyst loaned the Company an additional $10,000 under the same terms.

On August 21, 2006 the Company issued Katalyst 2,057,993 shares of common stock in payment of $79,689 principle plus $3,030 in accrued interest.  Shares were issued under the terms of a Standby Equity Distribution
Agreement (see Note 5).

On September 29, 2006 K & L International loaned the company $50,000 in exchange for a promissory note. Payments of interest only at 15% of the unpaid balance will begin on January 15, 2007 and continue quarterly on
the 15thday of the first month of each subsequent quarter. The note matures on October 31, 2008.

Note 3Related party transactions

Notes payable

The following notes were issued to the Companys president and sole director and are included in the accompanying financial statements as Indebtedness to related parties.

On December 31, 2005 the Company executed a $128,558 promissory note.  The note was due on July 15, 2006.

During the year ended December 31, 2006, the Company executed promissory notes totaling $190,866 in exchange for the payment of expenses. The Company paid its president $63,064 in payment toward the notes. Interest
began to accrue at 12% at July 15, 2006.

On December 31, 2006, all previously outstanding notes were combined into one promissory note totaling $256,360. The note carries a 12% interest rate and matures on July 15, 2007. Accrued interest payable on the note
totaled $19,767 at December 31, 2006.

No interest was paid during the year ended December 31, 2006.

The following notes were issued to the Companys vice president and are included in the accompanying financial statements as Indebtedness to related parties.

On December 31, 2005, the Company executed a promissory note totaling $21,223 in exchange for the payment of expenses. The note was due on July 15, 2006.

During the year ended December 31, 2006, the Company executed promissory notes totaling $28,353 in exchange for the payment of expenses. The Company paid its vice president $18,000 toward the notes.

On December 31, 2006, all previously outstanding notes were combined into one promissory note totaling $31,576. The note matures on July 15, 2007. The note carries a 12% interest rate on any balances that remain
outstanding after July 15, 2007.

No interest was paid during the year ended December 31, 2006.

During the year ended December 31, 2006 the company paid a shareholder $14,935 plus accrued interest of $3,387 for a total of $18,322 toward an outstanding promissory note.

28

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Accrued compensation and common stock

Commencing July 1, 2003, the Company began accruing an annual salary of $250,000 for its president and sole director based on an employment agreement executed in 2003.  In addition, under the terms of the employment
agreement, the president and sole director was awarded a monthly auto allowance of $700 per month and opportunities to receive performance-based bonuses. The balance owed at December 31, 2006 for the auto allowance totaled $12,733, which is
included in the accompanying condensed consolidated financial statements as Indebtedness to related parties.

No additional bonuses were authorized or accrued for the year ended December 31, 2006.

On August 30, 2006 the company issued the president 22,727,272 shares of restricted common stock as payment of $250,000 of accrued bonus and $250,000 of accrued salary.

On October 4, 2006 the company issued the president 50,000,000 shares of restricted common stock as payment of $125,000 of accrued bonus, $208,333 of salary expense and $16,667 of accrued auto allowance..

As of December 31, 2006, accrued salaries and bonuses of the president and sole director totaled $41,667. These accruals are included in the accompanying condensed consolidated financial statements as Indebtedness
to related parties.

Note 4Income taxes

A reconciliation of the U.S. statutory federal income tax rate to the effective rate is as follows for the years ended December 31, 2006 and 2005:

|                                              |  | For the years ended
|--------------------------------------------- |  | -------------------
|                                              |  | December 31,       
|                                              |  |                    
|                                              |  | 2006               
|                                              |  |                    
|U.S. statutory federal rate, graduated        |  | 34.00%             
|State income tax rate, net of federal benefit |  | 3.63%              
|Permanent book-to-tax differences             |  | -0.04%             
|Net operating loss carryforward               |  | -37.59%            
|                                              |  |                    
|                                             
|Effective tax rate                            |  | 0.00%              
|                                              |  |                    

Net deferred tax assets consist of the following:

|                             |  |             |  | For the years ended
|---------------------------- |  | ----------- |  | -------------------
|                             |  |             |  | December 31,       
|                             |  |             |  |                    
|                             |  |             |  | 2006               
|                             |  |             |  |                    
|Gross deferred tax asset     |  | $ 2,587,847 |  | $ 1,726,550        
|Gross deferred tax liability |  |             |  | -                  
|Valuation allowance          |  | (2,587,847) |  | (1,726,550)        
|                             |  |             |  |                    
|                            
|Net deferred tax asset       |  | $           |  | -                  
|                             |  |             |  |                    

29

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

At December 31, 2006, the Companys current tax benefit consisted of a net tax asset of $2,493,694, due to operating loss carryforwards of $7,155,872, which was fully allowed for, in the valuation allowance of
$2,493,694. The valuation allowance results in deferred tax expense, which offsets the net deferred tax asset for which there is no assurance of recovery. The changes in the valuation allowance for the years ended December 31, 2006 and 2005
totaled $861,297 and $608,641, respectively.  Net operating loss carryforwards will expire through 2026.  The Company did not pay any income taxes during the year ended December 31, 2006 or 2005.

The valuation allowance will be evaluated at the end of each year, considering positive and negative evidence about whether the asset will be realized. At that time, the allowance will either be increased or reduced;
reduction could result in the complete elimination of the allowance if positive evidence indicates that the value of the deferred tax asset is no longer impaired and the allowance is no longer required.

Should the Company undergo an ownership change, as defined in Section 382 of the Internal Revenue Code, the Companys tax net operating loss carryforwards generated prior to the ownership change will be subject to an
annual limitation which could reduce or defer the utilization of those losses.

Note 5Stockholders equity

Preferred stock

Preferred stock may be issued in series as determined by the Board of Directors. As required by law, each series must designate the number of shares in the series and each share of a series must have identical rights of (1)
dividend, (2) redemption, (3) rights in liquidation, (4) sinking fund provisions for the redemption of the shares, (5) terms of conversion and (6) voting rights. The Company is authorized to issue 10,000,000 of its $0.001 par value preferred
stock. No preferred stock was issued and outstanding at December 31, 2006.

Stock-based compensation plan

During the year ended December 31, 2004, the Company adopted a stock compensation plan in order to provide compensation to consultants, advisors and employees.  On January 24, 2006, the Company amended the stock
compensation plan in order to provide additional compensation to consultants, advisors and employees. The plan was amended to add 20,000,000 shares. The plan will terminate when the last of the 20,000,000 allocated shares is granted or in August
2014, whichever is earlier.  As of December 31, 2006, the Company has 5,093,244 shares remaining for allocation under the plan. Shares issued for services are recorded at the fair value of the services provided.

During the year ended December 31, 2006, the Company issued 31,328,378 shares of its common stock to consultants in exchange for business legal and consulting services. Stock-based compensation expense of $1,258,250 was
recognized in the accompanying financial statements for the year ended December 31, 2006. The stock is valued at the closing market price when issued. The transactions were recorded at fair market value. During 2006, the Company issued 78,378 shares
of common stock to its attorney as payment for $14,500 in accrued legal fees outstanding at December 31, 2005.

During 2006, the Company issued 42,965,415 shares of common stock to its president as payment for $641,667 in accrued salary, bonuses and auto allowance. The transactions were recorded at fair market value.

During 2006, the Company issued 29,761,857 shares of common stock to its president as payment for $208,333 in officer salary. The transactions were recorded at fair market value.

During 2005, the Company issued 48,556,284 share of common stock to attorneys and consultants in exchange for legal and consulting services. Stock-based compensation expense of $912,079 was recognized in the
accompanying financial statements for the year ended December 31, 2005.

During 2005, the Company issued 40,000,000 shares of common stock to its president as payment for $600,000 in accrued bonuses.

30

---

Signature Leisure, Inc.

Notes to Consolidated Financial Statements.

Reverse stock split

On January 18, 2005, the Company held a Special Shareholders Meeting and ratified a 40:1 reverse stock split. The split resulted in 10,439,130 outstanding common shares at January 1, 2005. Shares issued prior to January 18,
2005 have been restated to reflect the reverse stock split.

Standby Equity Distribution Agreement

During October 2004, the Company entered into a Standby Equity Distribution Agreement (the Agreement) with Katalyst. Under the terms of the Agreement, Katalyst has committed to purchase up to $5 million of
the Companys common stock over the course of 24 months after an effective registration of the Companys common stock. Any purchases are to be issued under the securities laws of the United States under Regulation D. The purchase price has
been set at 99% of the market price, which is to be calculated based on the lowest daily volume weighted average price of the stock over the five trading days following the Companys funding request. 15,464,961 shares have been issued under the
Agreement through December 31, 2006.

Note 6  Going concern

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. As shown in the accompanying
financial statements, the Company has incurred recurring losses, has negative working capital and a net capital deficiency at December 31, 2006 and, based upon current operating levels, requires additional capital or significant reconfiguration of
its operations to sustain its operations for the foreseeable future. These factors, among others, may indicate that the Company will be unable to continue as a going concern.

The financial statements do not include any adjustments relating to the recoverability and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The
Companys continuation as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis and ultimately to attain profitability. The Company has limited capital with which to pursue its
business plan. There can be no assurance that the Companys future operations will be significant and profitable, or that the Company will have sufficient resources to meet its objectives. During the year ended December 31, 2006 and 2005, the
Company has been dependent upon its officers and other insiders to provide working capital. However, there is no assurance that these loans and capital advances will continue in the future.  The Company intends to utilize funding from its Standby
Equity Distribution Agreement (Note 5) to raise sufficient financing in order to meet its financial requirements over the next twelve months and to fund its business plan. There is no assurance that the Company will be successful in raising
additional funds.

Note 7Commitments and contingencies

Leases- The Company leases office space in on a month by month basis.  Payments under the lease are approximately $3,140 per month (see Note 11).

Legal matters- The Company is occasionally party to litigation or threat of litigation arising in the normal course of business.  Management, after consultation with legal counsel,
does not believe that the resolution of any such matters will have a material effect on the Companys financial position or results of operations.

Employment Agreement-On September 3, 2003, the Company executed an Employment Agreement (the
Agreement) with its president. Under the terms of the Agreement, the president is to receive a salary of $250,000 per year and an automobile allowance of $700 per month. In addition, the president has the opportunity to earn a
bonus of $150,000 for each additional merger and/or acquisition and/or business unit start-up brought to the Company.

31

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Note 8Asset acquisition

On February 15, 2005, the Company acquired assets from Parker Productions (Parker), a sole proprietorship operating in the State of Florida. Parkers operations consisted of modeling and event staffing
services. The Company acquired the assets (including the website www.parkerproductions.com, a contact list of models and clients, and use of the name Parker Productions) in exchange for the following:

|1) | $20,000 cash;                                                                                                                                                                                                                                                             
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|2) | A structured agreement to pay 2% of the net profits of the Parker Productions division to Jill Reynolds (former owner of the Parker assets) for as long as the Company operates the Parker Productions division or for a
minimum of ten years, whichever period is longer.
|  
|3) | Ear-marked $20,000 cash as seed capital for use within the Parker Productions division.                                                                                                                                                                                 
|  

During February 2005, Signature incorporated a new company with the name Parker Productions, Inc. (PPI). PPI is a wholly owned subsidiary of Signature. Following Signatures acquisition of the Parker
assets, Signature placed the assets in PPI.

The website and contact list are stated at cost and amortized over an estimated useful life of three years using the straight-line method. Amortization commenced on February 15, 2005 and amortization expense for the nine
months ended December 31, 2005 totaled $5,834 and for the year ended December 31, 2005 totaled $6,667.  Estimated aggregate amortization in future years is as follows:

|Year ended December 31, |  |   |  |      
|----------------------- |  | - |  | -----
|2007                    |  |   |  | 6,667
|2008                    |  |   |  | 832  
|                        |  |   |  |      
|Total                   |  | $ |  | 7,499

Note 9  Segment reporting

Companys method of internal reporting segregates its business by product/service. Effective February 15, 2005, in accordance with the Companys internal reporting, the Company changed its segment reporting from
one reportable segment to two. Effective September 21, 2005, in accordance with the Companys internal reporting, the Company changed its segment reporting from two reportable segments to three.

The Companys reportable segments are as follows:

Modeling and Event Staffing Services  A full service modeling, event staffing and promotion company.

Information Technology consulting operations - an authorized dealer for DocSTAR (Document Storage and Retrieval) which provides clients with a document imaging and retrieval solution and offers software products for the
document imaging industry with a suite of software solutions that securely scans, stores and retrieves documents.

Vehicle Sales - The Company specializes in both retail and wholesale sales of quality pre-owned cars, trucks and S.U.V.s.

The accounting policies of the segments are the same as those described in "Significant Accounting Policies," except that segment data includes intersegment revenues. The Company has no intersegment sales during the years
ended December 31, 2006 and 2005. All sales of products and services were to third parties at current market prices. The Company evaluates the performance of its segments and allocates resources to them based on a variety of indicators including
revenues, cost of goods sold, operating income, and total identifiable assets.

The table below presents information about the net income (loss) and segment assets used by the chief operating decision makers of the Company as of and for the year ended December 31, 2006 and 2005:

32

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

|                              |  |               |  |           |  |          |  |         |  |          |  | 2006       |  |         |  |               |  |   |  |          
|----------------------------- |  | ------------- |  | --------- |  | -------- |  | ------- |  | -------- |  | ---------- |  | ------- |  | ------------- |  | - |  | ---------
|                              |  |               |  |           |  |          |  |         |  | Modeling |  |            |  |         |  |               |  |  
|                              |  | Corporate     |  |           |  | Vehicle  |  |         |  | and      |  | Technology |  |         |  |              
|                              |  |               |  | Division  |  |          |  | Sales   |  |          |  | Events     |  |         |  | Services      |  |   |  | Total    
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|Revenues                      |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|Vehicle sales                 |  | $             |  | -         |  | $        |  | 22,182  |  | $        |  | -          |  | $       |  | -             |  | $ |  | 22,182   
|Service Revenues              |  |               |  | 7,423     |  |          |  | -       |  |          |  | 6,720      |  |         |  | 44,354        |  |   |  | 58,497   
|Interest income               |  |               |  | 16,781    |  |          |  | -       |  |          |  | -          |  |         |  | -             |  |   |  | 16,781   
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|                              |  |               |  | 24,204    |  |          |  | 22,182  |  |          |  | 6,720      |  |         |  | 44,354        |  |   |  | 97,460   
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|                             
|Cost of sales                 |  |               |  | -         |  |          |  | 31,980  |  |          |  | 6,220      |  |         |  | 38,679        |  |   |  | 76,879   
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|                             
|Gross profit                  |  |               |  | 24,204    |  |          |  | (9,798) |  |          |  | 500        |  |         |  | 5,675         |  |   |  | 20,581   
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|                             
|Stock based Legal             |  |               |  | 14,500    |  |          |  | -       |  |          |  | -          |  |         |  | -             |  |   |  | 14,500   
|Stock based consulting        |  |               |  | 1,243,750 |  |          |  | -       |  |          |  | -          |  |         |  | -             |  |   |  | 1,243,750
|Interest Expense              |  |               |  | 22,682    |  |          |  | -       |  |          |  | -          |  |         |  | -             |  |   |  | 22,682   
|Loss on LLC Investment        |  |               |  | 100,000   |  |          |  | -       |  |          |  | -          |  |         |  | -             |  |   |  | 100,000  
|Provision for doubtful accoun |  |               |  | 216,781   |  |          |  | -       |  |          |  | -          |  |         |  | -             |  |   |  | 216,781  
|General and administrative    |  |               |  | 688,237   |  |          |  | 10,055  |  |          |  | 8,109      |  |         |  | 7,760         |  |   |  | 714,161  
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|                              |  |               |  | 2,285,950 |  |          |  | 10,055  |  |          |  | 8,109      |  |         |  | 7,760         |  |   |  | 2,311,874
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|                             
|Net Loss                      |  | $ (2,261,746) |  | $         |  | (19,853) |  | $       |  | (7,609)  |  | $          |  | (2,085) |  | $ (2,291,293)
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |              
|                             
|Total assets                  |  | $             |  | 64,230    |  | $        |  | -       |  | $        |  | 11,079     |  | $       |  | 25,476        |  | $ |  | 100,785  
|                              |  |               |  |           |  |          |  |         |  |          |  |            |  |         |  |               |  |   |  |          
|Percent of total              |  |               |  | 64%       |  |          |  | 0%      |  |          |  | 11%        |  |         |  | 25%           |  |   |  | 100%     

33

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

|                           |  |               |  |           |  |          |  |        |  |          |  | 2005       |  |         |  |               |  |   |  |          
|-------------------------- |  | ------------- |  | --------- |  | -------- |  | ------ |  | -------- |  | ---------- |  | ------- |  | ------------- |  | - |  | ---------
|                           |  |               |  |           |  |          |  |        |  | Modeling |  |            |  |         |  |               |  |  
|                           |  | Corporate     |  |           |  | Vehicle  |  |        |  | and      |  | Technology |  |         |  |              
|                           |  |               |  | Division  |  |          |  | Sales  |  |          |  | Events     |  |         |  | Services      |  |   |  | Total    
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|Revenues                   |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|Vehicle sales              |  | $             |  | -         |  | $        |  | 45,182 |  | $        |  | -          |  | $       |  | -             |  | $ |  | 45,182   
|Service Revenues           |  |               |  | 669       |  |          |  | -      |  |          |  | 26,575     |  |         |  | 29,206        |  |   |  | 56,450   
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                           |  |               |  | 669       |  |          |  | 45,182 |  |          |  | 26,575     |  |         |  | 29,206        |  |   |  | 101,632  
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                          
|Cost of sales              |  |               |  | -         |  |          |  | 45,001 |  |          |  | 16,076     |  |         |  | 12,733        |  |   |  | 73,810   
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                          
|Gross profit               |  |               |  | 669       |  |          |  | 181    |  |          |  | 10,499     |  |         |  | 16,473        |  |   |  | 27,822   
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                          
|Stock based Legal          |  |               |  | 95,875    |  |          |  | -      |  |          |  | -          |  |         |  | -             |  |   |  | 95,875   
|Stock based consulting     |  |               |  | 802,898   |  |          |  | -      |  |          |  | -          |  |         |  | -             |  |   |  | 802,898  
|Stock based commitment fee |  |               |  | 15,000    |  |          |  | -      |  |          |  | -          |  |         |  | -             |  |   |  | 15,000   
|Contributed Rent           |  |               |  | 1,694     |  |          |  | -      |  |          |  | -          |  |         |  | -             |  |   |  | 1,694    
|Interest Expense           |  |               |  | 8,383     |  |          |  | -      |  |          |  | -          |  |         |  | -             |  |   |  | 8,383    
|General and administrative |  |               |  | 672,861   |  |          |  | 19,921 |  |          |  | 12,469     |  |         |  | 17,851        |  |   |  | 723,102  
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                           |  |               |  | 1,596,711 |  |          |  | 19,921 |  |          |  | 12,469     |  |         |  | 17,851        |  |   |  | 1,646,952
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                          
|Net Loss                   |  | $ (1,596,042) |  | $         |  | (19,740) |  | $      |  | (1,970)  |  | $          |  | (1,378) |  | $ (1,619,130)
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |              
|                          
|Total assets               |  | $             |  | 22,077    |  | $        |  | 18,830 |  | $        |  | 18,926     |  | $       |  | 27,587        |  | $ |  | 87,420   
|                           |  |               |  |           |  |          |  |        |  |          |  |            |  |         |  |               |  |   |  |          
|                          
|Percent of total           |  |               |  | 25%       |  |          |  | 22%    |  |          |  | 22%        |  |         |  | 32%           |  |   |  | 100%     

34

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|Signature Leisure, Inc.Notes to Consolidated Financial Statements.
|------------------------------------------------------------------

Note 10  Loan and equity purchase agreement

Revenge LLC, Loan and Equity Purchase

In July, 2006, Signature Leisure entered into a Loan and Stock Purchase Agreement with Revenge Designs, LLC (Revenge), Thomas Cress and Peter Collorafi (collectively Owner).

On July 14, 2006 the Company loaned to Revenge $50,000. On July 19, 2006 the Company loaned Revenge an additional $50,000 to bring the total loan to $100,000. Revenge agreed to pay $7,000 per quarter
starting on January

1, 2007 and continuing on the 1st day of each subsequent quarter through September 30, 2008.  The principal balance and any unpaid accrued interest mature on October 1, 2008. Accrued interest on the notes totaled
$10,480 at December 31, 2006.

On July 19, 2006 the Company paid to Revenge $100,000 for a 25% ownership interest.  The Company is accounting for the investment under the equity method. The Company records its proportionate share of Revenges
income or loss and reduces the investment accordingly.  Through December 31, 2006, the losses incurred by Revenge reduced the Companys investment to $-0-.

On September 29, 2006 the Company loaned Revenge an additional $100,000. Payments of interest only at 25% of the unpaid balance will begin on January 15, 2007 and continue quarterly on the 15thday of the first month of each quarter. The principal balance and any unpaid accrued interest mature on October 1, 2008. Accrued interest on the note totaled $6,301 at December 31, 2006.

As of December 31, 2006, the Companys management recorded an allowance against the two promissory notes and related accrued interest totaling $216,781.

Neither Signature nor its affiliates had any prior business or familial relationship with parties to this agreement.

Note 11  Subsequent Events

The company entered into a lease in January of 2007 where they lease space in exchange for providing document storage and retrieval services. The lease is on a month to month basis.

In January of 2007 the company discontinued operations of Signature Auto and cancelled the license with the State of Florida.

In January of 2007 the company formed a wholly owned subsidiary in Minnesota to provide investor relation services.

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Signature Leisure, Inc. Annual Report

Changes In / Disagreements with Accountants on Accounting/Financial Disclosure

There have been no disagreements between the Company and its independent accountants on any matter of accounting principles or practices or financial statement disclosure.

Controls and Procedures

Under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of our disclosure controls and procedures, as such
term is defined under Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934, as amended (the Exchange Act). Based on this evaluation, our principal executive officer and our principal financial officer concluded that our
disclosure controls and procedures were effective as the end of the period covered by this report. There were no changes in our internal control over financial reporting during the period covered by this report that have materially affected, or are
reasonably likely to materially affect, our internal controls over financial reporting.

Directors, Executive Officers, Promoters and Control Persons

|The directors and officers are as follows:                                                               |  |                          
|-------------------------------------------------------------------------------------------------------- |  | -------------------------
|NAME                                                                                                     |  | POSITION(S)              
|Stephen W. Carnes                                                                                        |  | President, Director      
|Office Street Address:                                                                                   |  | 1375 S.R. 436, Suite 1035
|                                                                                                         |  | Casselberry, FL 32707    
|Telephone:                                                                                               |  | (407) 599-2886           
|Stephen W. Carnes serves as the President of Signature Leisure, Inc. and is the Company's sole director.

|Employment History                                                                                   |  |                   |  |                         
|---------------------------------------------------------------------------------------------------- |  | ----------------- |  | ------------------------
|Employer                                                                                             |  | Title             |  | Dates of Position       
|Signature Leisure, Inc. (OTC BB: SGLS)                                                               |  | President and CEO |  | February 2003 to Present
|Renovo Holdings, Inc. (OTC BB: RNVO)                                                                 |  | President and CEO |  | July 2003 to Present    
|Renovo Holdings is a publicly traded company on the Over-the-Counter Bulletin Board under the symbol
|RNVO. Renovo Holdings is presently a development stage company that intends to capitalize upon the  
|niche market opportunities within the commercial and residential restoration service markets.       
|Self-employed as an independent manufacturers representative                                         |  | 1998 through 2003
|acting as an outside sales representative for various companies                                      |  |                  
|Founder and co-owner of a private public relations firm that                                         |  | 2000 through 2003
|assisted companies with marketing and public relations                                               |  |                  

Education

1982 to 1986, Indiana University at Fort Wayne, Indiana. Received a B.S. degree in Business Administration The directors shall be elected at an annual meeting of the stockholders and except as otherwise provided within the
Bylaws of Signature Leisure, Inc., as pertaining to vacancies, shall hold office until his successor is elected and qualified.

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Signature Leisure, Inc. Annual Report

Significant employees/consultants are as follows:

|Evan Weybright                                                                                       |  | Vice President, Operations |  | October 2004 to present
|---------------------------------------------------------------------------------------------------- |  | -------------------------- |  | -----------------------
|Evan Weybright was promoted to Vice President of Operations of Signature Leisure, Inc. in June 2005.
|Employment History                                                                                   |  |                            |  |                        
|Employer                                                                                             |  | Title                      |  | Dates of Position      
|Bob Rohrman Nissan-Infiniti                                                                          |  | Service Consultant         |  | 9/2002 through 8/2004  
|Self-employed as a Network and Systems Engineer Consultant                                           |  | 1999 through 2002         
|Education                                                                                            |  |                            |  |                        
|No formal Degrees conferred.                                                                         |  |                            |  |                        

|Edward R. Miers                                                                                                      |  | Special Advisor, Consultant |  | June 2004 to present  
|-------------------------------------------------------------------------------------------------------------------- |  | --------------------------- |  | ----------------------
|Ed Miers assists us with corporate strategy and evaluation. Additionally, Mr. Miers provides consulting services for
|Signature Auto's operations.                                                                                         |  |                             |  |                       
|Employment History                                                                                                   |  |                             |  |                       
|Employer                                                                                                             |  | Title                       |  | Dates of Position     
|GREM USA                                                                                                             |  | President/CEO               |  | August 2003 to Present
|Founder and co-owner of a private public relations firm that                                                         |  | 2000 through 2003          
|assisted companies with marketing and public relations                                                               |  |                            
|Education                                                                                                            |  |                             |  |                       
|No formal Degrees conferred.                                                                                         |  |                             |  |                       

37

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Signature Leisure, Inc. Annual Report

The directors of Signature Leisure, Inc. are aware of no petitions or receivership actions having been filed or court appointed as to the business activities, officers, directors, or key personnel of Signature Leisure, Inc.

All Directors serve in such capacity until the next annual meeting of our shareholders and until their successors have been elected and qualified. The officers serve at the discretion of the company's Directors.

There are no familial relationships among the officers and directors, nor are there any arrangements or understanding between any of our directors or officers or any other person pursuant to which any officer or director
was or is to be selected as an officer or director.

The board of directors of Signature Leisure, Inc. has determined that for the purpose of and pursuant to the instructions of item 401(e) of regulation S-B titled Audit Committee Financial Expert,Stephen W. Carnes does not possess the attributes of an Audit committee financial expert. Stephen W. Carnes is the sole Officer and a Director of Signature Leisure, Inc. Signature Leisure, Inc. does
not have a designated Audit Committee and relies on the board of directors to perform those functions. Stephen W. Carnes is not independent as defined by item 401(e)(ii) of regulation S-B. He receives compensation through an employment/consulting
agreement for his executive services to Signature Leisure, Inc. and is an affiliated person.

No non-compete or non-disclosure agreements exist between the management of Signature Leisure, Inc. and any prior or current employer.

All key personnel are not formal employees or under written contracts with of Signature Leisure, Inc. Currently, Mr. Carnes, our sole officer and director, is under an employment agreement with Signature Leisure, Inc. In
the event one of our consultants that assist with operations in our businesses becomes unavailable, our operations could be negatively impacted while a suitable replacement is found.

Signature Leisure, Inc. has not, nor proposes to do so in the future, make loans to any of its officers, directors, key personnel, 10% stockholders, relatives thereof, or controllable entities.

None of Signature Leisure, Inc.s officers, directors, key personnel, or 10% stockholders has guaranteed or co-signed any bank debt, obligation, or any other indebtedness pertaining to Signature Leisure, Inc.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Securities Exchange Act of 1934 requires the companys directors and officers, and persons who own more than ten-percent (10%) of the companys common stock, to file with the Securities and
Exchange Commission reports of ownership on Form 3 and reports of change in ownership on Forms 4 and 5. Such officers, directors and ten-percent stockholders are also required to furnish the company with copies of all Section 16(a) reports they
file. Based solely on its review of the copies of such forms received by the company and on written representations from certain reporting persons, the company believes that all Section 16(a) reports applicable to its officers, directors and
ten-percent stockholders with respect to the fiscal year ended December 31, 2006 were filed.

Code of Ethics

On June 6, 2005, our board of directors adopted a written Code of Ethics designed to deter wrongdoing and promote honest and ethical conduct, full, fair and accurate disclosure, compliance with laws, prompt internal
reporting and accountability to adherence to the Code of Ethics. This Code of Ethics was filed with the SEC as an exhibit to our Annual Report on Form 10-KSB for the period ending December 31, 2005.

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Signature Leisure, Inc. Annual Report

Executive Compensation

Board of Director Meetings and Committees

The Board of Directors held no meetings during the year ended December 31, 2006, but conducted board activities through unanimous consent board resolutions in lieu of meetings.

|Compensation Summary   |  |      |  |         |  |                            |  |              |  |            |  |              |  |        
|---------------------- |  | ---- |  | ------- |  | -------------------------- |  | ------------ |  | ---------- |  | ------------ |  | -------
|                       |  |      |  |         |  | SUMMARY COMPENSATION TABLE |  |              |  |            |  |             
|                      
|                       |  |      |  |         |  | Annual Compensation        |  | Award(s)     |  | Payouts    |  |             
|                       |  |      |  |         |  |                            |  |              |  |            |  |             
|                      
|                       |  |      |  |         |  |                            |  |              |  | Restricted |  | Securities   |  |        
|                       |  |      |  |         |  |                            |  | Other Annual |  | Stock      |  | Underlying   |  | LTIP   
|                       |  |      |  | Salary  |  | Bonus                      |  | Compensation |  | Award(s)   |  | Options/SARs |  | Payouts
|Position               |  | Year |  | ($)     |  | ($)                        |  | ($)          |  | ($)        |  | (#)          |  | ($)    
|                       |  |      |  |         |  |                            |  |              |  |            |  |              |  |        
|                      
|Steven W. Carnes       |  | 2006 |  | 250,000 |  | 0                          |  | 8,400        |  | 0          |  | 0            |  | 0      
|President and Director |  |      |  |         |  |                            |  |              |  |            |  |              |  |        
|                       |  | 2005 |  | 250,000 |  | 300,000                    |  | 8,400        |  | 0          |  | 0            |  | 0      
|                       |  | 2004 |  | 250,000 |  | 750,000                    |  | 8,400        |  | 0          |  | 0            |  | 0      
|                       |  | 2003 |  | 125,000 |  | 0                          |  | 4,200        |  | 0          |  | 0            |  | 0      

Significant employees/consultants

During the twelve month period ended December 31 2006, we have issued 2,750,000 shares of our $0.001 par value common stock to Ed Miers, a consultant, as compensation for services. The shares issued were unrestricted
pursuant to an S-8 Registrations filed with the SEC as amended on January 27, 2006 and valued at $271,950

During the twelve month period ended December 31 2006, we have issued 6,000,000 shares of our $0.001 par value common stock to Andra Espinoza, a consultant, as compensation for services. The shares issued were
unrestricted pursuant to an S-8 Registrations filed with the SEC as amended on January 27, 2006 and valued at $373,200

During the twelve month period ended December 31 2006, we have issued 5,500,000 shares of our $0.001 par value common stock to Cynthia Wainwright, a consultant, as compensation for services. 2,500,000 of the shares
issued were unrestricted pursuant to an S-8 Registrations filed with the SEC as amended on January 27, 2006 and valued at $190,800. 3,000,000 of the shares were issued as Restricted under Rule 144 and were valued at $21,000.

Notes:

Stephen W. Carnes is the sole officer and director of Signature Leisure, Inc.

Commencing July 1, 2003, the Company began accruing an annual salary of $250,000 for its sole officer and director based on an employment agreement executed during the three months ended September 30, 2003.  In
addition, under the terms of the employment agreement, the sole officer and director was awarded a monthly auto allowance of $700 per month and opportunities to receive performance-based bonuses.

The sole officer and director was given the opportunity to earn a bonus of $750,000 upon the successful completion of (1) raising a minimum of $200,000 for the Company, and (2) the opening or acquisition of the
Companys first business unit. During 2003, the sole officer and director raised $250,000 through the sale of the Companys common stock and in 2004, the sole officer and director opened the Companys first business unit
(Signature Auto).  As a result, the Company accrued $750,000 in officer compensation to recognize the bonus earned by the sole officer and director during the year ended December 31, 2004.

During February 2005, the sole officer and director earned a $150,000 bonus for the acquisition and business unit start-up as pertaining to Parker Productions, Inc., a wholly owned subsidiary of Signature Leisure, Inc.

During April 2005, the sole officer and director approved the issuance of 40,000,000 shares of the Companys restricted common stock as payment of $600,000 of the sole officer and directors accrued bonus.

On August 30, 2006 the company issued the president 22,727,272 shares of restricted common stock as payment of $250,000 of accrued bonus and $250,000 of accrued salary.

39

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Signature Leisure, Inc. Annual Report

On October 4, 2006 the company issued the president 50,000,000 shares of restricted common stock as payment of $125,000 of accrued bonus, $208,333 of accrued salary and $16,667 of accrued auto allowance.

As of December 31, 2006, Signature Leisure, Inc. had no group life, health, hospitalization, medical reimbursement or relocation plans in effect. Further, we had no pension plans or plans or agreements which provide
compensation on the event of termination of employment or change in control of us.

No family relationships exist among any directors, executive officers, or persons nominated or chosen to become directors or executive officers.

Compensation of Directors

We currently do not pay members of our Board of Directors any fees for attendance or similar remuneration or reimburse them for any out-of-pocket expenses incurred by them in connection with our business.

There was no compensation paid to any directors of Signature Leisure, Inc. as directors fees for the twelve month period ended December 31, 2006.

Employment Agreements

On September 3, 2003, the Company executed an Employment Agreement (the Agreement) with its president. Under the terms of the Agreement, the president is to receive a salary of $250,000 per year and an
automobile allowance of $700 per month. In addition, the president has the opportunity to earn the following bonuses:

|a) | A bonus of $750,000 upon the successful completion of (1) raising a minimum of $200,000 for the Company, and (2) the opening or acquisition of the Companys first business unit.
|-- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|b) | A bonus of $150,000 for each additional merger and/or acquisition and/or business unit start-up brought to the Company.                                                          
|  

Security Ownership of Certain Beneficial Owners and Management

The following table sets forth, all individuals known to beneficially own 5% or more of the Company's common stock, and all officers and directors of the registrant, with the amount and percentage of stock beneficially
owned at:

|December 31, 2006:             |  |                         |  |         
|------------------------------ |  | ----------------------- |  | --------
|                              
|Name and Address               |  | Amount and Nature       |  | Percent 
|of Beneficial Holder           |  | of Beneficial Ownership |  | of Class
|                              
|Stephen W. Carnes              |  | 115,769,271 shares      |  | 52 %    
|President, Director            |  |                         |  |         
|4185 W. Lake Mary Blvd, # 137. |  |                         |  |         
|Lake Mary, FL 32746            |  |                         |  |         

Total shares outstanding as of December 31, 2006 were 221,795,247 held by approximately 52 shareholders of record and an undetermined number of holders in street name.

All ownership is beneficial and of record except as specifically indicated otherwise. Beneficial owners listed above have sole voting and investment power with respect to the shares shown unless otherwise indicated.

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Signature Leisure, Inc. Annual Report

Certain Relationships and Related Transactions

Notes payable

The following notes were issued to the Companys president and sole director and are included in the accompanying financial statements as Indebtedness to related parties.

On December 31, 2005 the Company executed a $128,558 promissory note.  The note was due on July 15, 2006.

During the year ended December 31, 2006, the Company executed promissory notes totaling $190,866 in exchange for the payment of expenses. The Company paid its president $63,064 in payment toward the notes. Interest
began to accrue at 12% at July 15, 2006.

On December 31, 2006, all previously outstanding notes were combined into one promissory note totaling $256,360. The note carries a 12% interest rate and matures on July 15, 2007. Accrued interest payable on the note
totaled $19,767 at December 31, 2006.

No interest was paid during the year ended December 31, 2006.

The following notes were issued to the Companys vice president and are included in the accompanying financial statements as Indebtedness to related parties.

On December 31, 2005, the Company executed a promissory note totaling $21,223 in exchange for the payment of expenses. The note was due on July 15, 2006.

During the year ended December 31, 2006, the Company executed promissory notes totaling $28,353 in exchange for the payment of expenses. The Company paid its vice president $18,000 toward the notes.

On December 31, 2006, all previously outstanding notes were combined into one promissory note totaling $31,576. The note matures on July 15, 2007. The note carries a 12% interest rate on any balances that remain
outstanding after July 15, 2007.

No interest was paid during the year ended December 31, 2006.

During the year ended December 31, 2006 the company paid a shareholder $14,935 plus accrued interest of $3,387 for a total of $18,322 toward an outstanding promissory note.

Leases

The Company had leased office space on a month by month basis; and, payments under that lease were approximately $3,140 per month. The Company subsequently entered into a lease in January of 2007 where they lease space
in exchange for providing document storage and retrieval services. The lease is on a month to month basis.

Accrued Compensation

Commencing July 1, 2003, the Company began accruing an annual salary of $250,000 for its president and sole director based on an employment agreement executed in 2003.  In addition, under the terms of the employment
agreement, the president and sole director was awarded a monthly auto allowance of $700 per month and opportunities to receive performance-based bonuses.

On August 30, 2006 the company issued the president 22,727,272 shares of restricted common stock as payment of $250,000 of accrued bonus and $250,000 of accrued salary.

On October 4, 2006 the company issued the president 50,000,000 shares of restricted common stock as payment of $125,000 of accrued bonus, $208,333 of accrued salary and $16,667 of accrued auto allowance.

As of December 31, 2006, outstanding accrued salaries and bonuses of the president and sole director totaled $41,667. No additional bonuses were authorized or accrued for the year ended December 31, 2006.

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Signature Leisure, Inc. Annual Report

Exhibits and Reports on Form 8-K

Reports on Form 8-K

The following lists all Reports on Form 8-K as filed by the registrant during the period ending December 31, 2006; and all Reports on Form 8-K filed by the registrant as to the date of the filing of this Report on Form
10-KSB;

| | October 24, 2006Report on Form 8-K; Section 3; Item 3.02 - Unregistered sale of Equity SecuritiesSeptember 8, 2006Report on Form 8-K; Section 3; Item 3.02 - Unregistered sale of Equity SecuritiesJuly 25, 2006Report on Form 8-K; Section 1; Item 1.01 - Entry into a Material Definitive AgreementSection 8; Item 8.01 - Press ReleaseSection 9; Item 9.01 - Exhibits: Material Agreement
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Index to Exhibits and Reports

Signature Leisure, Inc. includes by reference the following exhibits:

|3.1 | Articles of Incorporation as amended, Amendment to Articles of Incorporation as filed with the Colorado Secretary of State on July 14, 2004; as filed with the registrants Annual Report on Form 10-KSB for the period
ending December 31, 2004; as filed with the Securities and Exchange Commission on April 18, 2005.
|--- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   
|3.2 | Bylaws; as filed with the registrants Annual Report on Form 10-KSB for the period ending December 31, 2004; as filed with the Securities and Exchange Commission on April 18, 2005.                                                                                                                                     
|   

Signature Leisure, Inc. includes herewith the following exhibits:

|10.1 | Contract  Micro Mammoth  dated 03/20/2007                                                             
|---- | --------------------------------------------------------------------------------------------------------
|    
|10.2 | Contract  Detailed Home Inspection  dated 03/30/2007                                                  
|    
|10.3 | Contract  One Source Development  dated 03/30/2007                                                    
|    
|31.1 | Certification of Principal Executive Officer and Principal Accounting Officer (Rule 13a-14(a)/15d-14(a))
|    
|32.1 | Certification of Principal Executive Officer and Principal Accounting Officer (18 U.S.C. 1350)          
|    

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Signature Leisure, Inc. Annual Report

Principal Accountant Fees and Services

(1)Audit Fees

The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant's annual financial statements and review of financial statements
included in the registrant's Form 10-KSB or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for the fiscal years ending December 31, 2006 and 2005 were: $19,200 and
$10,340, respectively.

(2)Audit-Related Fees

The aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit or review of the registrant's
financial statements and are not reported under item (1) for the fiscal years ending December 31, 2006 and 2005 were: $ 0 and $0, respectively.

(3)Tax Fees

No aggregate fees were billed for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning for the fiscal years ending December 31, 2006 and 2005.

(4)All Other Fees

No aggregate fees were billed for professional services provided by the principal accountant, other than the services reported in items (1) through (3) for the fiscal years ending December 31, 2006 and 2005.

(5)Audit Committee

The registrant's Audit Committee, or officers performing such functions of the Audit Committee, have approved the principal accountant's performance of services for the audit of the registrant's annual financial statements
and review of financial statements included in the registrant's Form 10-KSB or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for the fiscal year ending December 31, 2006.
Audit-related fees, tax fees, and all other fees, if any, were approved by the Audit Committee or officers performing such functions of the Audit Committee.

(6)Work Performance by others

The percentage of hours expended on the principal accountant's engagement to audit the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons other than the
principal accountant's full-time, permanent employees was less than 50 percent.

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Signature Leisure, Inc. Annual Report

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

|                     |  |     |  | Signature Leisure, Inc.                                     
|-------------------- |  | --- |  | ------------------------------------------------------------
|                     |  |     |  | Registrant                                                  
|                    
|Date: April 12, 2007 |  | By: |  | \s\ Stephen W. Carnes, President                            
|                     |  |     |  |                                                             
|                     |  |     |  | Stephen W. Carnes, President                                
|                     |  |     |  | Principal Executive Officer and Principal Accounting Officer

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

|Date: April 12, 2007 |  | By: |  | \s\ Stephen W. Carnes, President                            
|-------------------- |  | --- |  | ------------------------------------------------------------
|                     |  |     |  |                                                             
|                     |  |     |  | Stephen W. Carnes, President and Director                   
|                     |  |     |  | Principal Executive Officer and Principal Accounting Officer

44

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