**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**FORM      10-QSB**

**September      30, 2006**

**000-29803**

**EYI      INDUSTRIES, INC.**

| **NEVADA**                                              | **88-0407078**                                   |
|---------------------------------------------------------|--------------------------------------------------|
| (State                or other jurisdiction of          | (IRS                Employer Identification No.) |
| incorporation                or organization)           |                                             |
|                                                    |                                             |
| **7865                Edmonds Street**                  |                                             |
| **Burnaby,                BC CANADA**                   | **V3N                1B9**                       |
| (Address                of principal executive offices) | (Zip                Code)                        |
|                                                    |                                             |
| Issuer's                telephone number:               | **(604)                759-5031**                |

**NOT      APPLICABLE**

** **

----

**PART      I - FINANCIAL INFORMATION**

**ITEM      1.            FINANCIAL      STATEMENTS. **

----

**EYI        INDUSTRIES, INC. **

**CONSOLIDATED          BALANCE SHEETS**

|                                                                                        |   |  September                30, 2006 |        |  December                31, 2005 |   |
|---------------------------------------------------------------------------------------------|--------|-----------------------------------------|-------------|----------------------------------------|--------|
|                                                                                        |   |  (Unaudited)                       |        |                              |   |
| **ASSETS**                                                                                  |   |                                    |        |                                   |   |   |   |
| CURRENT                ASSETS                                                               |   |                                    |        |                                   |   |   |   |
| Cash                                                                                        |   | $                                       | 1,879,075   |                                   | $      | 25,639 |   |
| Accounts                receivable, net of allowance                                        |   |                                    | 36,193      |                                   |   | 48,783 |   |
| Related                party receivables                                                    |   |                                    | 31,250      |                                   |   | - |   |
| Prepaid                expenses                                                             |   |                                    | 97,795      |                                   |   | 12,387 |   |
| Inventory                                                                                   |   |                                    | 511,625     |                                   |   | 295,248 |   |
|  TOTAL                CURRENT ASSETS                                                   |   |                                    | 2,555,938   |                                   |   | 382,057 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| OTHER                ASSETS                                                                 |   |                                    |        |                                   |   |   |   |
| Property,                plant and equipment, net                                           |   |                                    | 75,714      |                                   |   | 49,671 |   |
| Deposits                                                                                    |   |                                    | 26,011      |                                   |   | 67,603 |   |
|  TOTAL                OTHER ASSETS                                                     |   |                                    | 101,725     |                                   |   | 117,274 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| INTANGIBLE                ASSETS                                                            |   |                                    | 13,387      |                                   |   | 15,044 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| **TOTAL                ASSETS**                                                             |   | $                                       | 2,671,050   |                                   | $      | 514,375 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| **LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)**                           |   |                                    |        |                                   |   |   |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| CURRENT                LIABILITIES                                                          |   |                                    |        |                                   |   |   |   |
| Accounts                payable and accrued liabilities                                     |   | $                                       | 1,374,522   |                                   | $      | 1,929,049 |   |
| Accounts                payable - related parties                                           |   |                                    | 460,149     |                                   |   | 328,038 |   |
| Convertible                debt - related party, net of discount                            |   |                                    | 2,549,263   |                                   |   | - |   |
| Derivative                on convertible debt                                               |   |                                    | 1,354,824   |                                   |   | - |   |
| Interest                payable, convertible debt                                           |   |                                    | 149,681     |                                   |   | - |   |
| Notes                payable - related party                                                |   |                                    | 50,000      |                                   |   | 90,000 |   |
|  TOTAL                CURRENT LIABILITIES                                              |   |                                    | 5,938,439   |                                   |   | 2,347,087 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| Net                liabilities from discontinued operations                                 |   |                                    | 375,344     |                                   |   | 375,344 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| COMMITMENTS                AND CONTINGENCIES MINORITY                INTEREST IN SUBSIDIARY |   |                                    | 140,813     |                                   |   | 262,057 |   |
|                                                                                        |   |                                    |        |                                   |   |   |   |
| STOCKHOLDERS'                EQUITY (DEFICIT)                                               |   |                                    |        |                                   |   |   |   |
| Preferred                stock, $0.001 par value; 10,000,000 shares                         |   |                                    |        |                                   |   |   |   |
|  authorized,                no shares issued and outstanding                           |   |                                    | -           |                                   |   | - |   |
| Common                stock, $0.001 par value; 3,000,000,000 shares                         |   |                                    |        |                                   |   |   |   |
|  authorized,                294,011,932 and 217,600,875 shares issued                  |   |                                    |        |                                   |   |   |   |
|  and                outstanding, respectively                                          |   |                                    | 294,011     |                                   |   | 217,600 |   |
| Additional                paid-in capital                                                   |   |                                    | 9,114,960   |                                   |   | 6,155,518 |   |
| Stock                options and warrants                                                   |   |                                    | 4,446,082   |                                   |   | 2,698,984 |   |
| Subscription                receivable                                                      |   |                                    | (195,000    | )                                      |   | (195,000 | ) |
| Accumulated                deficit                                                          |   |                                    | (17,443,599 | )                                      |   | (11,347,215 | ) |
|  TOTAL                STOCKHOLDERS' EQUITY (DEFICIT)                                   |   |                                    | (3,783,546  | )                                      |   | (2,470,113 | ) |
| **TOTAL                LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)**                     |   | $                                       | 2,671,050   |                                   | $      | 514,375 |   |

----

**EYI        INDUSTRIES, INC.**

**CONSOLIDATED          STATEMENTS OF OPERATIONS**

|                                                               |   | Three                  Months EndedSeptember                30, 2006 |        | Three                  Months EndedSeptember                30, 2005 |   | Nine                  Months EndedSeptember                30, 2006 |   | Nine                  Months EndedSeptember                30, 2005 |        |
|--------------------------------------------------------------------|--------|----------------------------------------------------------------------|-------------|----------------------------------------------------------------------|--------|---------------------------------------------------------------------|--------|---------------------------------------------------------------------|-------------|
|                                                               |   | (Unaudited)                                                          |        |  (Unaudited)                                                    |   | (Unaudited)                                                         |   |  (Unaudited)                                                   |        |
| **REVENUE,                NET OF RETURNS AND ALLOWANCES**          |   | $                                                                    | 949,429     |                                                                 | $      | 1,335,963                                                           |   | $                                                                   | 3,068,166   |   | $ | 3,850,246 |   |
| **COST                OF GOODS SOLD**                              |   |                                                                 | 268,763     |                                                                 |   | 350,188                                                             |   |                                                                | 947,611     |   |   | 840,125 |   |
| **GROSS                PROFIT BEFORE COMMISSION EXPENSE**          |   |                                                                 | 680,666     |                                                                 |   | 985,775                                                             |   |                                                                | 2,120,555   |   |   | 3,010,121 |   |
| **COMMISSION                EXPENSE**                              |   |                                                                 | 355,556     |                                                                 |   | 513,449                                                             |   |                                                                | 1,120,273   |   |   | 1,435,911 |   |
| **GROSS                PROFIT AFTER COST OF GOODS SOLD AND**       |   |                                                                 |        |                                                                 |   |                                                                |   |                                                                |        |   |   |   |   |
| **COMMISSION                EXPENSE**                              |   |                                                                 | 325,110     |                                                                 |   | 472,326                                                             |   |                                                                | 1,000,282   |   |   | 1,574,210 |   |
| **OPERATING                EXPENSES**                              |   |                                                                 |        |                                                                 |   |                                                                |   |                                                                |        |   |   |   |   |
| Consulting                fees                                     |   |                                                                 | 259,639     |                                                                 |   | 273,026                                                             |   |                                                                | 743,738     |   |   | 751,836 |   |
| Legal                and professional fees                         |   |                                                                 | 266,908     |                                                                 |   | 107,333                                                             |   |                                                                | 428,150     |   |   | 254,090 |   |
| Customer                service                                    |   |                                                                 | 62,718      |                                                                 |   | 9,771                                                               |   |                                                                | 169,721     |   |   | 161,776 |   |
| Finance                and administration                          |   |                                                                 | 214,835     |                                                                 |   | 299,735                                                             |   |                                                                | 643,529     |   |   | 663,213 |   |
| Sales                and marketing                                 |   |                                                                 | 59,339      |                                                                 |   | 42,569                                                              |   |                                                                | 271,631     |   |   | 47,560 |   |
| Telecommunications                                                 |   |                                                                 | 32,930      |                                                                 |   | 118,881                                                             |   |                                                                | 97,955      |   |   | 361,139 |   |
| Wages                and benefits                                  |   |                                                                 | 264,899     |                                                                 |   | 252,095                                                             |   |                                                                | 864,292     |   |   | 995,247 |   |
| Warehouse                expense                                   |   |                                                                 | 98,995      |                                                                 |   | 66,220                                                              |   |                                                                | 229,668     |   |   | 128,066 |   |
|  TOTAL                OPERATING EXPENSES                      |   |                                                                 | 1,260,263   |                                                                 |   | 1,169,630                                                           |   |                                                                | 3,448,684   |   |   | 3,362,927 |   |
| **LOSS                FROM OPERATIONS**                            |   |                                                                 | (935,153    | )                                                                    |   | (697,304                                                            | )      |                                                                | (2,448,403  | ) |   | (1,788,717 | ) |
| **OTHER                INCOME (EXPENSES)**                         |   |                                                                 |        |                                                                 |   |                                                                |   |                                                                |        |   |   |   |   |
| Interest                and other income                           |   |                                                                 | 2,162       |                                                                 |   | 158                                                                 |   |                                                                | 2,405       |   |   | 3,625 |   |
| Interest                expense                                    |   |                                                                 | (117,803    | )                                                                    |   | (103,581                                                            | )      |                                                                | (174,537    | ) |   | (158,159 | ) |
| Financing                fees                                      |   |                                                                 | (285,534    | )                                                                    |   | 30,318                                                              |   |                                                                | (592,471    | ) |   | - |   |
| Loss                on derivatives                                 |   |                                                                 | (1,731,034  | )                                                                    |   | -                                                                   |   |                                                                | (3,026,542  | ) |   | - |   |
| Foreign                currency gain (discount)                    |   |                                                                 | 5,587       |                                                                 |   | -                                                                   |   |                                                                | 21,919      |   |   | (119,169 | ) |
|  TOTAL                OTHER INCOME (EXPENSES)                 |   |                                                                 | (2,126,622  | )                                                                    |   | (73,105                                                             | )      |                                                                | (3,769,226  | ) |   | (273,703 | ) |
| **NET                LOSS BEFORE TAXES**                           |   |                                                                 | (3,061,775  | )                                                                    |   | (770,409                                                            | )      |                                                                | (6,217,628  | ) |   | (2,062,420 | ) |
| **PROVISION                FOR INCOME TAXES**                      |   |                                                                 | -           |                                                                 |   | -                                                                   |   |                                                                | -           |   |   | - |   |
| **NET                LOSS BEFORE ALLOCATION TO MINORITY INTEREST** |   |                                                                 | (3,061,775  | )                                                                    |   | (770,409                                                            | )      |                                                                | (6,217,628  | ) |   | (2,062,420 | ) |
| **ALLOCATION                OF LOSS TO MINORITY INTEREST**         |   |                                                                 | 59,705      |                                                                 |   | 14,886                                                              |   |                                                                | 121,244     |   |   | 47,635 |   |
| **ALLOCATION                OF LOSS TO DISCONTINUED OPERATIONS**   |   |                                                                 | -           |                                                                 |   | 7,093                                                               |   |                                                                | -           |   |   | (380,368 | ) |
| **NET                LOSS**                                        |   | $                                                                    | (3,002,070  | )                                                                    | $      | (748,430                                                            | )      |                                                                | (6,096,384  | ) | $ | (2,395,153 | ) |
| **BASIC                AND DILUTED**                               |   |                                                                 |        |                                                                 |   |                                                                |   |                                                                |        |   |   |   |   |
| **NET                LOSS PER COMMON SHARE**                       |   | $                                                                    | nil         |                                                                 | $      | (0.01                                                               | )      | $                                                                   | nil         |   | $ | (0.02 | ) |
| **WEIGHTED                AVERAGE NUMBER OF**                      |   |                                                                 |        |                                                                 |   |                                                                |   |                                                                |        |   |   |   |   |
| **COMMON                STOCK SHARES OUTSTANDING**                 |   |                                                                 |        |                                                                 |   |                                                                |   |                                                                |        |   |   |   |   |
| **FOR                BASIC AND DILUTED CALCULATION**               |   |                                                                 | 286,014,193 |                                                                 |   | 172,702,928                                                         |   |                                                                | 286,014,193 |   |   | 168,678,060 |   |

----

**EYI        INDUSTRIES, INC.**

**CONSOLIDATED        STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)**

|                                                                                                                                                           |   | **Common                  Stock**    |        |  **Additional**           |   |                                 |   |                                      |      |                                 |   |                                    |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------|-------------|--------------------------------|--------|-------------------------------------------|--------|------------------------------------------------|-----------|-------------------------------------------|--------|-----------------------------------------|--------|
|                                                                                                                                                           |   | **Number                  of**                 |        |                      |   |                    **Paid-in**  |   |                    **Subscription**  |      |                    **Option/**  |   |                    **Accumulated** |   |   |   |
|                                                                                                                                                           |   | **Shares**                                          |        |  **Amount**               |   |  **Capital**                         |   |  **Receivable**                           |      |  **Warrants**                        |   |  **Deficit**                       |   | **Total** |   |
| Balance                  December 31, 2004                                                                                                                     |   |                                                | 162,753,292 |                           | $      | 162,753                                   |   | $                                              | 3,048,606 |                                      | $      | (15,000                                 | )      | $ | 2,563,044 |   | $ | (7,085,205 | ) | $ | (1,325,802 | ) |
|                                                                                                                                                           |   |                                                |        |                           |   |                                           |   |                                           |      |                                      |   |                                         |   |   |  |   |   |   |   |   |  |   |
| Stock                  issued at $0.06 per Share                  for promissory note for exercise of options                                                  |   |                                                | 3,000,000   |                           |   | 3,000                                     |   |                                           | 177,000   |                                      |   | (180,000                                | )      |   | - |   |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued for consulting at an average price of $0.07                  per                  share                           |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 35,250 |   |   | - |   |   | 35,250 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued for employee compensation at an average price                  of                  $0.07 per share                |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 133,750 |   |   | - |   |   | 133,750 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to employee for financing guaranty & pledge valued at $0.05 per                  share                                       |   |                                                | 800,000     |                           |   | 800                                       |   |                                           | 39,200    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 40,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Consultant-options                  exercised                                                                                                                  |   |                                                | 250,000     |                           |   | 250                                       |   |                                           | 14,750    |                                      |   | -                                       |   |   | (5,000 | ) |   | - |   |   | 10,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Gladys                  Sargeant 506 Subscription Agreement                                                                                                    |   |                                                | 1,000,000   |                           |   | 1,000                                     |   |                                           | 4,000     |                                      |   | -                                       |   |   | 15,000 |   |   | - |   |   | 20,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock option issued for consulting at an average price of $0.03                  per                  share                            |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 62,250 |   |   | - |   |   | 62,250 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Cancelled                  stock options issued for compensation and consulting at an average                  price                  of $0.08 per option      |   |                                                | -           |                           |   | -                                         |   |                                           | 425,300   |                                      |   | -                                       |   |   | (425,300 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Cancelled                  stock options issued for compensation at $0.20                                                                                      |   |                                                | -           |                           |   | -                                         |   |                                           | 2,400     |                                      |   | -                                       |   |   | (2,400 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to TAIB Bank to retire $75,000 of $300,000                  debenture                                                            |   |                                                | 2,027,027   |                           |   | 2,027                                     |   |                                           | 72,973    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 75,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to TAIB Bank to retire $170,000 of $300,000 debenture plus                  interest                  of $10,830                 |   |                                                | 4,487,096   |                           |   | 4,487                                     |   |                                           | 176,343   |                                      |   | -                                       |   |   | - |   |   | - |   |   | 180,830 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to TAIB Bank to retire $5,000 debenture plus interest of                  $14,245                                                |   |                                                | 375,146     |                           |   | 375                                       |   |                                           | 18,870    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 19,245 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Agora as part of contract                                                                                                     |   |                                                | 250,000     |                           |   | 250                                       |   |                                           | 12,250    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 12,500 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Consultant as part of contract                                                                                                |   |                                                | 500,000     |                           |   | 500                                       |   |                                           | 34,500    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 35,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued for exercise of options at $0.08 per share                                                                                       |   |                                                | 100,000     |                           |   | 100                                       |   |                                           | 7,900     |                                      |   | -                                       |   |   | - |   |   | - |   |   | 8,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Cornell to retire prom note                                                                                                   |   |                                                | 22,789,581  |                           |   | 22,789                                    |   |                                           | 1,008,099 |                                      |   | -                                       |   |   | - |   |   | - |   |   | 1,030,888 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued for consulting at an average price of $0.20                  per                  share                           |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 33,500 |   |   | - |   |   | 33,500 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued for employee and management compensation at                  an                  average price of $0.20 per share |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 27,840 |   |   | - |   |   | 27,840 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Cornell in exchange for $700,000 pursuant to                  SEDA                                                            |   |                                                | 19,268,733  |                           |   | 19,269                                    |   |                                           | 680,731   |                                      |   | -                                       |   |   | - |   |   | - |   |   | 700,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Cancelled                  stock options issued for compensation                                                                                               |   |                                                | -           |                           |   | -                                         |   |                                           | 10,500    |                                      |   | -                                       |   |   | (10,500 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options for consulting at an average price of $0.20 per                  share                                                   |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 271,550 |   |   | - |   |   | 271,550 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Beneficial                  conversion of convertible debt                                                                                                     |   |                                                | -           |                           |   | -                                         |   |                                           | 422,096   |                                      |   | -                                       |   |   | - |   |   | - |   |   | 422,096 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Net                  loss for year ended December 31, 2005                                                                                                     |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | - |   |   | (4,262,010 | ) |   | (4,262,010 | ) |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2005                                                                                                                    |   |                                                | 217,600,875 |                           | $      | 217,600                                   |   | $                                              | 6,155,518 |                                      | $      | (195,000                                | )      | $ | 2,698,984 |   |   | (11,347,215 | ) | $ | (2,470,113 | ) |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued for consulting at an average price of $0.20                  per                  share                           |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 3,750 |   |   | - |   |   | 3,750 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Cornell in exchange for $1,084,565 pursuant to the                  SEDA                                                      |   |                                                | 42,941,686  |                           |   | 42,942                                    |   |                                           | 1,041,623 |                                      |   | -                                       |   |   | - |   |   | - |   |   | 1,084,565 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Shares                  returned to treasury                                                                                                                   |   |                                                | (268,639    | )                              |   | (269                                      | )      |                                           | 269       |                                      |   | -                                       |   |   | - |   |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Beneficial                  conversion of convertible debt                                                                                                     |   |                                                | -           |                           |   | -                                         |   |                                           | 200,207   |                                      |   | -                                       |   |   | - |   |   | - |   |   | 200,207 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Cornell to retire portion of debenture                                                                                        |   |                                                | 1,497,006   |                           |   | 1,497                                     |   |                                           | 23,503    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 25,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Certain Wealth to retire portion of debenture                                                                                 |   |                                                | 664,671     |                           |   | 665                                       |   |                                           | 10,435    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 11,100 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to TAIB Bank to retire portion of debenture                                                                                      |   |                                                | 832,335     |                           |   | 832                                       |   |                                           | 13,068    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 13,900 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Warrants                  issued to Cornell Capital for financing services                                                                                     |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 3,148,413 |   |   | - |   |   | 3,148,413 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options for consulting at $0.10 per share                                                                                        |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 5,000 |   |   | - |   |   | 5,000 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued to employees at $0.02 per share                                                                                   |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 1,400 |   |   | - |   |   | 1,400 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Expired                  Consultant stock options                                                                                                              |   |                                                | -           |                           |   | -                                         |   |                                           | 961,300   |                                      |   | -                                       |   |   | (961,300 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Expired                  employee stock options                                                                                                                |   |                                                | -           |                           |   | -                                         |   |                                           | 311,717   |                                      |   | -                                       |   |   | (311,717 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Cornell to retire portion of debenture                                                                                        |   |                                                | 15,371,998  |                           |   | 15,372                                    |   |                                           | 95,864    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 111,236 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to Certain Wealth to retire portion of debenture                                                                                 |   |                                                | 6,825,244   |                           |   | 6,825                                     |   |                                           | 42,331    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 49,156 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Stock                  issued to TAIB Bank to retire portion of debenture                                                                                      |   |                                                | 8,546,756   |                           |   | 8,547                                     |   |                                           | 53,033    |                                      |   | -                                       |   |   | - |   |   | - |   |   | 61,580 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Vested                  stock options issued to employees at $0.06 per share                                                                                   |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | 40 |   |   | - |   |   | 40 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Expired                  consultant stock options                                                                                                              |   |                                                | -           |                           |   | -                                         |   |                                           | 38,500    |                                      |   | -                                       |   |   | (38,500 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Expired                  employee stock options                                                                                                                |   |                                                | -           |                           |   | -                                         |   |                                           | 99,988    |                                      |   | -                                       |   |   | (99,988 | ) |   | - |   |   | - |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
| Beneficcial                  conversion of convertible debt                                                                                                    |   |                                                | -           |                           |   | -                                         |   |                                           | 67,604    |                                      |   | -                                       |   |   |   |   |   |   |   |   | 67,604 |   |
|                                                                                                                                                           |   |                                                |        |                           |   |                                      |   |                                           |      |                                      |   |                                    |   |   |   |   |   |   |   |   |   |   |
|  Net                  loss for period ended September                  30, 2006                                                                           |   |                                                | -           |                           |   | -                                         |   |                                           | -         |                                      |   | -                                       |   |   | - |   |   | (6,096,384 | ) |   | (6,096,384 | ) |
| Balance                  September 30, 2006 (Unaudited)                                                                                                        |   |                                                | 294,011,932 |                           | $      | 294,011                                   |   | $                                              | 9,114,960 |                                      | $      | (195,000                                | )      | $ | 4,446,082 |   | $ | (17,443,599 | ) |   | (3,783,546 | ) |

----

**EYI        INDUSTRIES, INC. **

**CONSOLIDATED          STATEMENTS OF CASH FLOWS**

|                                                                                                  |   |  Nine                Months Ended  |       |  Nine                Months Ended  |   |
|-------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|------------|-----------------------------------------|--------|
|                                                                                                  |   |  September                30, 2006 |       |  September                30, 2005 |   |
|                                                                                                  |   |  (Unaudited)                       |       |  (Unaudited)                       |   |
| **CASH                FLOWS PROVIDED (USED) BY OPERATING ACTIVITIES**                                 |   |                               |       |                               |   |
| Net                loss                                                                               |   | $                                       | (6,096,383 | )                                       | $      | (2,395,153 | ) |
| Loss                allocated to minority interest                                                    |   |                                    | 121,244    |                                    |   | 47,635 |   |
|                                                                                                  |   | $                                       | (6,217,627 | )                                       |   | (2,442,778 | ) |
| Adjustments                to reconcile net loss                                                      |   |                                    |            |                                    |   |  |   |
| to                net cash used by operating activities:                                              |   |                                    |            |                                    |   |  |   |
| Depreciation                and amortization                                                          |   |                                    | 16,007     |                                    |   | 52,504 |   |
| Stock                and warrants issued for employee compensation and                consulting      |   |                                    | 10,190     |                                    |   | 292,590 |   |
| Stock                issued for options exercised in lieu of debt                                     |   |                                    | -          |                                    |   | 11,500 |   |
| Stock                issued for options exercised in lieu of consulting and legal                fees |   |                                    | -          |                                    |   | 57,500 |   |
| Stock                issued for interest on convertible debt                                          |   |                                    | -          |                                    |   | 44,570 |   |
| Loss                (gain) on valuation of derivative                                                 |   |                                    | 3,026,541  |                                    |   | - |   |
| Stock                issued for financing guaranty & pledge                                       |   |                                    | -          |                                    |   | 40,000 |   |
| Beneficial                conversion of convertible debt                                              |   |                                    | 267,811    |                                    |   | - |   |
| Discount                recognized on convertible debt                                                |   |                                    | 267,931    |                                    |   | 120,276 |   |
| Liabilities                in excess of assets on discontinued operations                             |   |                                    | -          |                                    |   | (30,494 | ) |
| Decrease                (increase) in:                                                                |   |                                    |       |                                    |   |   |   |
| Related                party receivables                                                              |   |                                    | (31,250    | )                                       |   | (800 | ) |
| Accounts                receivable                                                                    |   |                                    | 12,590     |                                    |   | (7,874 | ) |
| Prepaid                expenses                                                                       |   |                                    | (85,408    | )                                       |   | 287,187 |   |
| Inventory                                                                                             |   |                                    | (216,377   | )                                       |   | 11,159 |   |
| Deposits                                                                                              |   |                                    | 41,592     |                                    |   | (45,925 | ) |
| Increase                (decrease) in:                                                                |   |                                    |            |                                    |   |  |   |
| Accounts                payable and accrued liabilities                                               |   |                                    | (554,527   | )                                       |   | 352,495 |   |
| Accounts                payable - related parties                                                     |   |                                    | 132,111    |                                    |   | 535,548 |   |
| Notes                payable, related party                                                           |   |                                    | (40,000    | )                                       |   | - |   |
| Interest                payable                                                                       |   |                                    | -          |                                    |   | (10,616 | ) |
| Interest                payable, convertible debt                                                     |   |                                    | 149,681    |                                    |   | - |   |
| Net                cash used by operating activities                                                  |   |                                    | (3,220,736 | )                                       |   | (733,168 | ) |
| **CASH                FLOWS PROVIDED (USED) BY INVESTING ACTIVITIES**                                 |   |                                    |            |                                    |   |  |   |
| Decrease                (increase) in restricted cash                                                 |   |                                    | -          |                                    |   | 100,248 |   |
| Decrease                (increase) in property, plant, and equipment                                  |   |                                    | (40,393    | )                                       |   | (50,505 | ) |
| Purchase                of trademarks and formulas                                                    |   |                                    | -          |                                    |   | (674 | ) |
| Net                cash provided by investing activities                                              |   |                                    | (40,393    | )                                       |   | 49,069 |   |
| **CASH                FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES**                                 |   |                                    |            |                                    |   |  |   |
| Net                change in bank indebtedness                                                        |   |                                    | -          |                                    |   | (72,456 | ) |
| Issuance                of stock, net of private placement costs & warrants                       |   |                                    | -          |                                    |   | 16,500 |   |
| Proceeds                from Cornell SEDA                                                             |   |                                    | 1,084,565  |                                    |   | - |   |
| Repayment                of convertible debt                                                          |   |                                    | -          |                                    |   | (250,000 | ) |
| Proceeds                from Cornell Promissory Note                                                  |   |                                    | -          |                                    |   | 1,000,000 |   |
| Net                proceeds from convertible debt                                                     |   |                                    | 4,030,000  |                                    |   | - |   |
| Net                cash provided by financing activities                                              |   |                                    | 5,114,565  |                                    |   | 694,044 |   |
| Net                increase in cash and cash equivalents                                              |   |                                    | 1,853,436  |                                    |   | 9,946 |   |
| **CASH                - Beginning of Year**                                                           |   |                                    | 25,639     |                                    |   | - |   |
| **CASH                - End of Period**                                                               |   | $                                       | 1,879,075  |                                    | $      | 9,946 |   |
| **SUPPLEMENTAL                CASH FLOW DISCLOSURES:**                                                |   |                                    |       |                                    |   |  |   |
| **Interest                expense paid**                                                              |   | $                                       | 174,537    |                                    | $      | 158,159 |   |
| **Income                taxes paid**                                                                  |   | $                                       | -          |                                    | $      | - |   |
| **NON-CASH                INVESTING AND FINANCING TRANSACTIONS:**                                     |   |                                    |            |                                    |   |  |   |
| Stock                options and warrants vested for consulting and                compensation       |   | $                                       | 10,190     |                                    | $      | - |   |
| Beneficial                conversion of convertible debt                                              |   | $                                       | 267,811    |                                    | $      | - |   |
| Gain                on valuation of derivative                                                        |   | $                                       | (3,026,541 | )                                       | $      | - |   |
| Discount                recognized on convertible debt                                                |   | $                                       | 267,931    |                                    | $      | 120,276 |   |
| Stock                issued for options exercised in lieu of debt                                     |   | $                                       | -          |                                    | $      | 11,500 |   |
| Stock                issued for options exercised in lieu of consulting and legal                fees |   | $                                       | -          |                                    | $      | 57,500 |   |
| Stock                options vested for consulting and compensation                                   |   | $                                       | -          |                                    | $      | 292,590 |   |
| Stock                issued for options exercised in lieu of legal fees                               |   | $                                       | -          |                                    | $      | 10,000 |   |
| Stock                issued to retire part of promissory note                                         |   | $                                       | -          |                                    | $      | 175,000 |   |
| Stock                issued for redemption of convertible debenture                                   |   | $                                       | -          |                                    | $      | 250,000 |   |
| Stock                issued for interest on convertible debenture                                     |   | $                                       | -          |                                    | $      | 44,570 |   |
| Stock                and warrants issued through 506 Private Placement                                |   | $                                       | -          |                                    | $      | 20,000 |   |
| Stock                issued for financing guaranty & pledge                                       |   | $                                       | -          |                                    | $      | 40,000 |   |

----

| **EYI                INDUSTRIES, INC.****CONDENSED                NOTES TO CONSOLIDATED FINANCIAL STATEMENTS****September                30, 2006** |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|

**NOTE      1 - DESCRIPTION OF BUSINESS**

*      Canada Business Corporations Act*

----

**NOTE      2 - SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES**

----

**NOTE      3 - CONVERTIBLE DEBT**

**NOTE      4 - DERIVATIVES**

----

**NOTE      5 - ACCOUNTS RECEIVABLE AND CREDIT RISK**

**NOTE      6 - PROPERTY AND EQUIPMENT**

**NOTE      7 - INTANGIBLE ASSETS**

**NOTE      8 - CAPITAL STOCK **

----

**NOTE      9 - COMMON STOCK OPTIONS AND WARRANTS**

|                                                          |   | Number                of Shares |       | Weighted                  AverageExercise                  Price |   |
|---------------------------------------------------------------|--------|---------------------------------|------------|------------------------------------------------------------------|--------|
| Outstanding                at December 31, 2005               |   |                            | 16,252,390 |                                                             | $      | 0.14 |   |
| Granted                                                       |   |                            | 20,000     |                                                             |   | 0.06 |   |
| Exercised                                                     |   |                            | -          |                                                             |   | - |   |
| Forfeited                or cancelled                         |   |                            | 9,562,390  |                                                             |   | - |   |
| Options                outstanding at September 30, 2006      |   |                            | 6,710,000  |                                                             | $      | 0.10 |   |
| Options                exercisable at September 30, 2006      |   |                            | 6,640,000  |                                                             | $      | 0.10 |   |
|                                                          |   |                            |       |                                                             |   |   |   |
| Weighted                average fair value of options granted | $      | 0.06                            |       |

|                         |   | Options                Outstanding |                     |
|------------------------------|--------|------------------------------------|--------------------------|
| Exercise                     |   |                               |                          |   |   | Weighted                Ave. |   |   | Weighted                Ave. |   |
| Price                        |   |                               | Number                   |   |   | Remaining |   |   | Exercise |   |
| Range                        |   |                               | of                Shares |   |   | Life |   |   | Price |   |
|                         |   |                               |                     |   |   |   |   |   |   |   |
| $0.02                - $0.26 |   |                               | 6,710,000                |   |   | 0.76 |   | $ | 0.09 |   |

----

|                         |   | Options                Exercisable |                     |   |   |
|------------------------------|--------|------------------------------------|--------------------------|--------|--------|
| Exercise                     |   |                               |                          |   |   | Weighted                Ave. |   |   | Weighted                Ave. |   |
| Price                        |   |                               | Number                   |   |   | Remaining |   |   | Exercise |   |
| Range                        |   |                               | of                Shares |   |   | Life |   |   | Price |   |
|                         |   |                               |                     |   |   |   |   |   |   |   |
| $0.02                - $0.26 |   |                               | 6,640,000                |   |   | 0.75 |   | $ | 0.10 |   |

|                         |   | Non-vested                Granted Options Outstanding |                     |
|------------------------------|--------|-------------------------------------------------------|--------------------------|
| Exercise                     |   |                                                  |                          |   |   | Weighted                Ave. |   |   | Weighted                Ave. |   |
| Price                        |   |                                                  | Number                   |   |   | Remaining |   |   | Exercise |   |
| Range                        |   |                                                  | of                Shares |   |   | Life |   |   | Price |   |
|                         |   |                                                  |                     |   |   |   |   |   |   |   |
| $0.02                - $0.10 |   |                                                  | 70,000                   |   |   | 1.16 |   | $ | 0.02 |   |

**Warrants**

|                                       |   | Number                of Warrants |        | Weighted                Average Remaining Life |   | Average                Exercise Price |   |
|--------------------------------------------|--------|-----------------------------------|-------------|------------------------------------------------|--------|---------------------------------------|--------|
|                                       |   |                              |        |                                           |   |                                  |   |
| Outstanding                and exercisable |   |                              | 129,538,868 |                                           |   | 4.56                                  |   | $ | 0.09 |   |

**NOTE      10 - COMMITMENTS AND CONTINGENCIES**

*.      *

----

| Year                ended December 31, |   | Minimum                Amount |    |
|----------------------------------------|--------|-------------------------------|---------|
| 2006                                   |   | $                             | 218,679 |   |
| 2007                                   |   |                          | 164,546 |   |
| 2008                                   |   |                          | 143,101 |   |
| 2009                                   |   |                          | 148,064 |   |
| 2010                and thereafter     |   |                          | 309,544 |   |

----

**NOTE      11 - DISCONTINUED OPERATIONS**

**NOTE      12 - RELATED PARTY NOTE PAYABLE**

**NOTE      13 - CONCENTRATIONS**

**NOTE      14 - RELATED PARTY TRANSACTIONS**

----

**NOTE      15 - SUBSEQUENT EVENTS**

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

**FORWARD      LOOKING STATEMENTS**

**OVERVIEW**

----

**Recent      Corporate Developments**

| ·   | On                October 20, 2006 EYI entered into a non-binding letter of intent                with Mach                3 Technologies, LLC (“Mach 3”) for the exclusive distribution rights for                the fuel enhancement product Ultimate ME2 in the Philippines. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                October 19, 2006 EYI entered into a consulting agreement with Creative                Life Enterprises, Inc. (“Creative Life”) on a month to month basis.                Creative Life received 500,000 shares of restricted common stock                as                compensation for their services. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                October 12, 2006 EYI entered into a definitive agreement with Mach                3 for                the exclusive residential rights for the fuel enhancement product                ME2 in                the US, Canada and Mexico for a period of three years. Pursuant to                the                agreement, Mach 3 received 967,680 warrants at $0.06 per share expiring                October 12, 2008. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                October 1, 2006 we entered into an agreement with Agoracom Investor                Relations Corp. (“Agoracom”) to provide investor relations services.                Agoracom is to receive $2,500 per month compensation along with a                warrant                for the purchase of up to 500,000 shares of common stock at $0.06                for a                period of two years. The agreement expires on October 1, 2007. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                September 20, 2006 Essentially Yours Industries (International) Limited                entered into a consignment and distribution licensing agreement with                Orientrends, Inc. The agreement is for five years commencing January                1,                2007 for the sale of our products in the Philippines. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                August 12, 2006 we entered into a Joint Venture Agreement with Internet                Marketing Consortium ("IMC") to provide multi media strategies,                promotional, direct and targeted marketing services for an undetermined                period of time. In consideration for the services provided by IMC,                we paid                a fee of $25,000. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                July 27, 2006 we entered into an addendum (the "Addendum") to the                China                Agency Agreement dated September 15, 2005 between Essentially Yours                Industries (Hong Kong) Limited and Guangzhou Zhongdian Enterprises                (Group)                Co. Ltd. and China Electronics Import and Export South China Corporation.                Pursuant to the Addendum, we agreed to extend the purchasing and                exclusivity terms of the China Agency Agreement for an additional                one year                period. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                July 12, 2006 and July 14, 2006 we received letters from Metals &                Arsenic Removal Technology, Inc. ("MARTI") advising that the worldwide                license for the ARTI-64 technology used for the production of the                Code                BlueTM product had been transferred from Hydroflo, Inc. to MARTI. MARTI                has                also transferred some of its inventory to Markus Group Ltd. ("Markus                Group") and in the event MARTI is unable to meet production requirements                they have granted the rights to produce Code BlueTM to Markus Group. On                July 20, 2006 Markus Group provided EYI with an Indemnity in connection                with the letters provided by MARTI. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On                July 1, 2006 EYII entered into a Consulting Agreement with James                Toll. Mr.                Toll provided training and marketing services for a period of three                (3)                months. Mr. Toll received $3,750 per month as compensation for his                services. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**2006      Growth Strategy**

*New      Product Introduction*

----

*International      Expansion*
*.      *
***®***
***,***
***®***

*Distributor      Commission Pay Plan Enhancement*

**RESULTS      OF OPERATIONS**

***Three      Months and Ninth Months Summary***

| **Summary                of Quarterly Results**                      |   |                                  |      |                                 |   |         |   |          |      |          |   |         |   |   |       |   |   |
|----------------------------------------------------------------------|--------|---------------------------------------|-----------|--------------------------------------|--------|--------------|--------|---------------|-----------|---------------|--------|--------------|--------|--------|------------|--------|--------|
|                                                                 |   | **Three                months ended** |      | **Nine                months ended** |   |
|                                                                 |   | **30-Sep-06**                         |      | **30-Sep-05**                        |   | **Variance** |   | **30-Sep-06** |      | **30-Sep-05** |   | **Variance** |   |
|                                                                 |   |                                  |      |                                 |   |         |   |          |      |          |   |         |   |   |       |   |   |
| Revenue                                                              |   | $                                     | 949,429   |                                 | $      | 1,335,963    |   |          | ($386,534 | )             |   | (29          | %)     |   | 3,068,166  |   |   | 3,850,246 |   |   | (782,080 | ) |   | (20 | %) |
| Cost                of goods sold                                    |   | $                                     | 268,763   |                                 | $      | 350,188      |   |          | ($81,425  | )             |   | (23          | %)     |   | 947,611    |   |   | 840,125 |   |   | 107,486 |   |   | 13 | % |
| Gross                profit before commissions expense               |   | $                                     | 680,666   |                                 | $      | 985,775      |   |          | (305,109  | )             |   | (31          | %)     |   | 2,120,555  |   |   | 3,010,121 |   |   | (889,566 | ) |   | (30 | %) |
|                                                                 |   |                                  |      |                                 |   |         |   |          |      |          |   |         |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Commission                expense                                    |   | $                                     | 355,556   |                                 | $      | 513,449      |   |          | ($157,893 | )             |   | (31          | %)     |   | 1,120,273  |   |   | 1,435,911 |   |   | (315,638 | ) |   | (22 | %) |
| Gross                profit after cost of goods sold and commissions |   | $                                     | 325,110   |                                 | $      | 472,326      |   |          | ($147,216 | )             |   | (31          | %)     |   | 1,000,282  |   |   | 1,574,210 |   |   | (573,928 | ) |   | (36 | %) |
|                                                                 |   |                                  |      |                                 |   |         |   |          |      |          |   |         |   |   |       |   |   |   |   |   |   |   |   |   |   |
| Operating                expenses                                    |   | $                                     | 1,260,264 |                                 | $      | 1,169,630    |   | $             | 90,634    |          |   | 8            | %      |   | 3,448,685  |   |   | 3,362,927 |   |   | 85,758 |   |   | 3 | % |
| Operating                loss                                        |   |                                  | ($935,154 | )                                    |   | ($697,304    | )      |          | ($237,850 | )             |   | 34           | %      |   | (2,448,403 | )      |   | (1,788,717 | ) |   | (659,686 | ) |   | 37 | % |

----

**Revenues**

| ·   | Our                inability to attract new IBA's |
|--------------------|---------------------------------------------------|

| ·   | Lack                of IBA participation in our auto-ship program |
|--------------------|-------------------------------------------------------------------|

**Gross      Profit before Commission Expense**

**Revenue      by Segments**

| **Revenue                by Segments** |   |                                  |    |                                 |   |         |   |          |      |          |   |         |   |   |      |   |   |
|----------------------------------------|--------|---------------------------------------|---------|--------------------------------------|--------|--------------|--------|---------------|-----------|---------------|--------|--------------|--------|--------|-----------|--------|--------|
|                                   |   | **Three                months ended** |    | **Nine                months ended** |   |
|                                   |   | **30-Sep-06**                         |    | **30-Sep-05**                        |   | **Variance** |   | **30-Sep-06** |      | **30-Sep-05** |   | **Variance** |   |
|                                   |   |                                  |    |                                 |   |         |   |          |      |          |   |         |   |   |      |   |   |
| Administration                fees     |   | $                                     | 32,620  |                                 | $      | 26,370       |   | $             | 6,250     |          |   | 24           | %      | $      | 111,581   |   | $      | 101,016 |   | $ | 10,565 |   |   | 10 | % |
| Binary                Sales            |   | $                                     | 670,514 |                                 | $      | 1,050,894    |   |          | ($380,380 | )             |   | (36          | %)     | $      | 2,147,295 |   | $      | 2,901,814 |   |   | ($754,519 | ) |   | (26 | %) |
| Direct                sales            |   | $                                     | 159,634 |                                 | $      | 188,210      |   |          | ($28,576  | )             |   | (15          | %)     | $      | 517,016   |   | $      | 614,482 |   |   | ($97,465 | ) |   | (16 | %) |
| Affiliate                sales         |   | $                                     | 85,501  |                                 | $      | 67,466       |   | $             | 18,035    |          |   | 27           | %      | $      | 285,388   |   | $      | 224,266 |   | $ | 61,121 |   |   | 27 | % |
| Sales                Aids              |   | $                                     | 1,160   |                                 | $      | 3,022        |   |          | ($1,862   | )             |   | (62          | %)     | $      | 6,886     |   | $      | 8,669 |   |   | ($1,782 | ) |   | (21 | %) |
|                                   |   | $                                     | 949,429 |                                 | $      | 1,335,963    |   |          | ($386,536 | )             |   | (29          | %)     | $      | 3,068,166 |   | $      | 3,850,246 |   |   | ($782,080 | ) |   | (20 | %) |

*Binary      sales*

*Direct      sales*

*Affiliate      sales*

----

**Expenses**

| **Operating                Expenses**      |   | **Three                months ended** |      | **Nine                months ended** |   |
|--------------------------------------------|--------|---------------------------------------|-----------|--------------------------------------|--------|
|                                       |   | **30-Sep-06**                         |      | **30-Sep-05**                        |   | **Variance** |   | **30-Sep-06** |   | **30-Sep-05** |   | **Variance** |   |
|                                       |   |                                  |      |                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Consulting                fees             |   | $                                     | 259,639   |                                 | $      | 273,026 |   |   | ($13,387 | ) |   | (5 | %) | $ | 743,738 |   | $ | 751,836 |   |   | ($8,098 | ) |   | (1 | %) |
| Legal                and professional fees |   | $                                     | 266,908   |                                 | $      | 107,333 |   | $ | 159,575 |   |   | 149 | % | $ | 428,150 |   | $ | 254,090 |   | $ | 174,060 |   |   | 69 | % |
| Customer                service            |   | $                                     | 62,718    |                                 | $      | 9,771 |   | $ | 52,947 |   |   | 542 | % | $ | 169,721 |   | $ | 161,776 |   | $ | 7,945 |   |   | 5 | % |
| Finance                and administration  |   | $                                     | 214,835   |                                 | $      | 299,735 |   |   | ($84,900 | ) |   | (28 | %) | $ | 643,529 |   | $ | 663,213 |   |   | ($19,684 | ) |   | (3 | %) |
| Sales                and marketing         |   | $                                     | 59,339    |                                 | $      | 42,569 |   | $ | 16,770 |   |   | 39 | % | $ | 271,631 |   | $ | 47,560 |   | $ | 224,071 |   |   | 471 | % |
| Telecommunications                         |   | $                                     | 32,930    |                                 | $      | 118,881 |   |   | ($85,951 | ) |   | (72 | %) | $ | 97,955 |   | $ | 361,139 |   |   | ($263,184 | ) |   | (73 | %) |
| Wages                and benefits          |   | $                                     | 264,899   |                                 | $      | 252,095 |   | $ | 12,804 |   |   | 5 | % | $ | 864,292 |   | $ | 995,247 |   |   | ($130,955 | ) |   | (13 | %) |
| Warehouse                expense           |   | $                                     | 98,995    |                                 | $      | 66,220 |   | $ | 32,775 |   |   | 49 | % | $ | 229,668 |   | $ | 128,066 |   | $ | 101,602 |   |   | 79 | % |
|                                       |   | $                                     | 1,260,264 |                                 | $      | 1,169,630 |   | $ | 90,634 |   |   | 8 | % | $ | 3,448,685 |   | $ | 3,362,927 |   | $ | 85,758 |   |   | 3 | % |

**Operating      Expenses**

*Sales      & Marketing*

| ·   | Hong                Kong marketing initiatives for the Grand Opening |
|--------------------|----------------------------------------------------------------------|

| ·   | Registration                costs for Code Blue in China |
|--------------------|----------------------------------------------------------|

| ·   | North                American Training event expenditures |
|--------------------|-----------------------------------------------------------|

*Telecommunications*

*Wages      and benefits*

*Warehouse      expenses*

**Other      Income (Expense)**
**:**

----

**FINANCIAL      CONDITION **

**Cash      and Working Capital **

|                                     |   | **As                at** |        | **As                at** |   |         |   |   |        |
|------------------------------------------|--------|--------------------------|-------------|--------------------------|--------|--------------|--------|--------|-------------|
|                                     |   | **30-Sep-06**            |        | **31-Dec-05**            |   | **Variance** |   |
|                                     |   |                     |        |                     |   |         |   |   |        |
| Current                assets            |   | $                        | 2,555,938   |                     | $      | 382,057      |   | $      | 2,173,881   |   |   | 569 | % |
| Current                Liabilities       |   | $                        | 5,938,439   |                     | $      | 2,347,087    |   | $      | 3,591,352   |   |   | 153 | % |
|                                     |   |                     |        |                     |   |         |   |   |        |   |   |   |   |
| Working                Capital (deficit) |   |                     | ($3,382,501 | )                        |   | ($1,965,030  | )      |   | ($1,417,471 | ) |   | 72 | % |

We      had      cash of $1,879,075 as at September 30, 2006, compared with cash of $25,639      as at      December 31, 2005. We had a working capital deficit at September 30, 2006 and      December 31, 2005 of $3,382,501 and $1,965,030 respectively. 

**Cash      Used in Operating Activities**

**Cash      Provided by Financing Activities **

**Financing      Requirements**

**OFF-BALANCE      SHEET ARRANGEMENTS **

----

**Critical      Accounting Policies**

**Recent      Accounting Pronouncements**

**RISKS      AND UNCERTAINTIES**

**We      have an accumulated deficit and may have continued losses for the foreseeable      future with no assurance of profitability**

----

**We      have been subject to a going concern opinion from our independent      auditors**

**We      are dependent on our IBAs for our product marketing efforts, the loss of a      significant number of IBAs or the loss of a key IBA could adversely affect      our      sales.**

**Government      regulation by the Food and Drug Administration and other federal and state      entities of our products can impact our ability to market      products.**

| ·   | is                a product (other than tobacco) that is intended to supplement the                diet                that bears or contains one or more of the following dietary ingredients:                a                vitamin, a mineral, a herb or other botanical, an amino acid, a dietary                substance for use by man to supplement the diet by increasing the                total                daily intake, or a concentrate, metabolite, constituent, extract,                or                combinations of these ingredients. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | is                intended for ingestion in pill, capsule, tablet, or liquid                form. |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | is                not represented for use as a conventional food or as the sole item                of a                meal or diet. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

| ·   | is                labeled as a "dietary supplement" . |
|--------------------|-------------------------------------------------------|

      restrictions may restrict our flexibility in marketing our      product.

| **Dietary                Supplements**          |
|-------------------------------------------------|
|                                            |   |
| ·                                     | Calorad® |
|                                            |   |
| ·                                     | Agrisept-L® |
|                                            |   |
| ·                                     | Triomin |
|                                            |   |
| ·                                     | Noni                Plus® |
|                                            |   |
| ·                                     | Iso-Greens® |
|                                            |   |
| ·                                     | Definition                ® (drops) |
|                                            |   |
| ·                                     | Prosoteine®  |
|                                            |
| **Personal                Care Products**  |
|                                            |   |
| ·                                     | Definition®                (cream)  |
|                                            | Calorad                ® (cream) |
|                                            |
| **Water                Filtration Products**    |
|                                            |   |
| ·                                     | Code                BlueTM  |
|                                            |   |
| ·                                     | Code                BlueTM                Filter |
|                                            |   |
| **Fuel                Additive Product**        |
|                                            |   |
| ·                                     | Ultimate                ME2TM  |

----

**If      the Federal Trade Commission or certain states object to our product claims      and      advertising we may be forced to give refunds, pay damages, stop marketing      certain products or change our business methods. **

| ·   | the                Federal Trade Commission will not question our past or future advertising                or other operations; or |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------|

| ·   | a                state will not interpret product claims presumptively valid under                federal                law as illegal under that state's regulations. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

      take      action on their own initiative or on a referral from IBAs, consumers or others.      If taken, such actions may result in: 

| ·   | entries                of consent decrees; |
|--------------------|--------------------------------------------|

| ·   | refunds                of amounts paid by the complaining IBA or                consumer; |
|--------------------|-------------------------------------------------------------------------------------------|

| ·   | refunds                to an entire class of IBAs or                customers; |
|--------------------|--------------------------------------------------------------------------------|

| ·   | other                damages; and |
|--------------------|-----------------------------------|

| ·   | changes                in our method of doing business. |
|--------------------|---------------------------------------------------------|

**A      complaint based on the activities of one IBA, whether or not such activities      were authorized by us, could result in an order affecting some or all IBAs      in a      particular state, and an order in one state could influence courts or government      agencies in other States.**

| ·   | the                evolving interpretations of existing laws and regulations,                and |
|--------------------|--------------------------------------------------------------------------------------------------|

----

| ·   | the                enactment of new laws and regulations pertaining in general to network                marketing organizations and product distribution. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

**The      legality of our network marketing program is subject to challenge by our      IBAs.**

| ·   | our                network marketing policies were enforced, and |
|--------------------|------------------------------------------------------------------|

| ·   | the                network marketing program and IBAs' compensation thereunder serve                as                safeguards to deter inventory loading and encourage retail sales                to the                ultimate consumers. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Proceedings      resulting from these claims could result in significant defense costs,      settlement payments or judgments, and could have a material adverse effect      on      us.**

**A      large portion of our sales is attributable to Calorad, if Calorad loses market      share or loses favor in the marketplace, our financial results will      suffer**

**Our      products are subject to obsolescence, which could reduce our sales significantly      **

----

**We      have no manufacturing capabilities and we are dependent upon Nutri-Diem, Inc.      and other companies to manufacture our products.**

      over us      with respect to pricing, availability of product and in other areas through      their control of the manufacturing process. In addition, if we are forced to      hold longer quantities of inventory, we face the risk that our inventory becomes      obsolete with the passage of large amounts of time.

**We      are materially dependent upon our key personnel and the loss of such key      consultants could result in delays in the implementation of our business plan      or      business failure.**

**We      face substantial competition in the dietary supplement and personal care      industry, including products that compete directly with      Calorad.**

**Depending      on the product category, our competition varies.**

----

**We      may be subject to products liability claims and may not have adequate insurance      to cover such claims. As with other retailers, distributors and manufacturers      of      products that are designed to be ingested, we face an inherent risk of exposure      to product liability claims in the event that the use of our products results      in      injury.**

**We      may be adversely affected by unfavorable publicity relating to our products      or      similar products manufactured by our competitors.**

** **
      occur      even if the publicity did not relate to our products. Adverse publicity directly      concerning our products could be expected to have an immediate negative effect      on the market for that product.

**Because      we have few proprietary rights, others can provide products and services      substantially equivalent to ours.**

**Our      common stock is "penny stock", which may make it more difficult for investors      to      sell their shares due to suitability requirements**

| ·   | With                a price of less than $5.00 per                share; |
|--------------------|--------------------------------------------------------------------------|

| ·   | That                are not traded on a "recognized" national                exchange; |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | Whose                prices are not quoted on the Nasdaq automated quotation system (Nasdaq                listed stock must still have a price of not less than $5.00 per share;                or |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | In                issuers with net tangible assets less than $2.0 million (if the issuer                has                been in continuous operation for at least three years) or $5.0 million                (if                in continuous operation for the last three                years. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**ITEM      3.            CONTROLS      AND PROCEDURES.**

Under      the      supervision and with the participation of our management, including the Chief      Executive Officer and Chief Financial Officer, we have evaluated the      effectiveness of our disclosure controls and procedures as required by Exchange      Act Rule 13a-15(b) as of the end of the period covered by this report. Based      on      that evaluation, the Chief Executive Officer and Chief Financial Officer have      concluded that these disclosure controls and procedures are effective.

----

**PART      II - OTHER INFORMATION **

**ITEM      1.            LEGAL      PROCEEDINGS. **

*Action      By Suhl, Harris and Babich*

**ITEM      2.           UNREGISTERED      SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. **

**ITEM      3.            DEFAULTS      UPON SENIOR SECURITIES. **

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

On      August      22, 2006 we held our special meeting of shareholders, at the meeting our      shareholders approved an amendment to our Articles of Incorporation to increase      the number of authorized shares from 1,000,000,000 to 3,000,000,000. The votes      received for the increase are as follows: 

| **For**     |   | **Against** |   | **Withheld/Abstained** |
|-------------|--------|-------------|--------|------------------------|
| 175,943,541 |   | 3,429,460   |   | 279,998                |

**ITEM      5.            OTHER      INFORMATION.**

----

**ITEM      6.            EXHIBITS      AND REPORTS ON FORM 8-K.**

| **Exhibit                Number** |   | **Description                of Exhibit**                                                                                                                                                                                               |
|-----------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |   |                                                                                                                                                                                                                                    |
| 3.1                               |   | Articles                of Incorporation.(1)                                                                                                                                                                                            |
|                              |   |                                                                                                                                                                                                                                    |
| 3.2                               |   | Certificate                of Amendment to Articles of Incorporation dated December 29,                2003.(11)                                                                                                                        |
|                              |   |                                                                                                                                                                                                                                    |
| 3.3                               |   | Certificate                of Amendment to Articles of Incorporation dated December 31,                2003.(11)                                                                                                                        |
|                              |   |                                                                                                                                                                                                                                    |
| 3.4                               |   | Bylaws.(1)                                                                                                                                                                                                                              |
|                              |   |                                                                                                                                                                                                                                    |
| 3.5                               |   | Amended                Bylaws.                (12)                                                                                                                                                                                      |
|                              |   |                                                                                                                                                                                                                                    |
| 3.6                               |   | Certificate                of Amendment to Articles of Incorporation dated March 30, 2006(23)                                                                                                                                           |
|                              |   |                                                                                                                                                                                                                                    |
| 3.7                               |   | Certificate                of Amendment to Articles of Incorporation dated August 31,                2006                                                                                                                               |
|                              |   |                                                                                                                                                                                                                                    |
| 10.1                              |   | Consulting                Agreement, dated as of November 5, 2002, between Essentially Yours                Industries, Inc., a Nevada corporation, and Flaming Gorge,                Inc.(1)                                           |
|                              |   |                                                                                                                                                                                                                                    |
| 10.2                              |   | Consulting                Agreement, dated as of November 5, 2002, between Essentially Yours                Industries, Inc., a Nevada corporation, and O’Neill Enterprises,                Inc.(1)                               |
|                              |   |                                                                                                                                                                                                                                    |
| 10.3                              |   | Registration                Rights Agreement, dated December 31, 2003, by and among Safe ID                Corporation, A Nevada corporation, and certain shareholders of EYI                Industries, Inc., A Nevada corporation.(5) |
|                              |   |                                                                                                                                                                                                                                    |
| 10.4                              |   | Stock                Compensation Program(4)                                                                                                                                                                                            |
|                              |   |                                                                                                                                                                                                                                    |
| 10.5                              |   | Consulting                Agreement dated December 27, 2003 between Rajesh Raniga Inc. and                Safe ID                Corporation.(6)                                                                                        |
|                              |   |                                                                                                                                                                                                                                    |
| 10.6                              |   | Consulting                Agreement dated January 1, 2004 between EYI Industries, Inc. and                O’Neill                Enterprises Inc.(6)                                                                         |
|                              |   |                                                                                                                                                                                                                                    |
| 10.7                              |   | Consulting                Agreement dated January 1, 2004 between EYI Industries, Inc. and                Flaming                Gorge, Inc.                (6)                                                                         |
|                              |   |                                                                                                                                                                                                                                    |
| 10.8                              |   | Addendum                to the Distribution and License Agreement between Essentially Yours                Industries, Inc. and Nutri-Diem Inc. dated April 30, 2004.(6)                                                                |
|                              |   |                                                                                                                                                                                                                                    |
| 10.9                              |   | Letter                Agreement dated May 4, 2004 between Eye Wonder, Inc. and EYI Industries,                Inc.(6)                                                                                                              |
|                              |   |                                                                                                                                                                                                                                    |
| 10.10                             |   | Standby                Equity Distribution Agreement, dated June 22, 2004 by and between                EYI                Industries, Inc. and Cornell Capital Partners, LP(6)                                                         |
|                              |   |                                                                                                                                                                                                                                    |
| 10.11                             |   | Registration                Rights Agreement, dated June 22, 2004 by and between EYI Industries,                Inc.                and Cornell Capital Partners, LP(6)                                                                 |
|                              |   |                                                                                                                                                                                                                                    |
| 10.12                             |   | Escrow                Agreement, dated June 22, 2004 by and between EYI Industries, Inc.                and                Cornell Capital Partners, LP(6)                                                                              |
|                              |   |                                                                                                                                                                                                                                    |
| 10.13                             |   | Placement                Agent Agreement, dated June 22, 2004 by and between EYI Industries,                Inc.                and Cornell Capital Partners, LP(6)                                                                     |
|                              |   |                                                                                                                                                                                                                                    |
| 10.14                             |   | Compensation                Debenture, dated June 22, 2004(7)                                                                                                                                                                           |
|                              |   |                                                                                                                                                                                                                                    |
| 10.15                             |   | Securities                Purchase Agreement, dated June 22, 2004 by and between EYI Industries,                Inc. and Cornell Capital Partners, LP(6)                                                                                |
|                              |   |                                                                                                                                                                                                                                    |
| 10.16                             |   | Investor                Registration Rights Agreement, dated June 22, 2004 by and between                EYI                Industries, Inc. and Cornell Capital Partners, LP(6)                                                        |
|                              |   |                                                                                                                                                                                                                                    |
| 10.17                             |   | Security                Agreement, dated June 22, 2004 by and between EYI Industries, Inc.                and                Cornell Capital Partners, LP(6)                                                                            |
|                              |   |                                                                                                                                                                                                                                    |
| 10.18                             |   | Irrevocable                Transfer Agent Instructions, dated June 22, 2004, by and among EYI                Industries, Inc., Cornell Capital Partners, LP and Corporate Stock                Transfer(6)                              |
|                              |   |                                                                                                                                                                                                                                    |
| 10.19                             |   | Escrow                Agreement, dated June 22, 2004 by and among EYI Industries, Inc.,                Cornell                Capital Partners, L.P. and Butler Gonzalez, LLP(6)                                                        |
|                              |   |                                                                                                                                                                                                                                    |
| 10.20                             |   | Form                of Secured Convertible Debenture(6)                                                                                                                                                                                 |
|                              |   |                                                                                                                                                                                                                                    |
| 10.21                             |   | Form                of Warrant(7)                                                                                                                                                                                                       |
|                              |   |                                                                                                                                                                                                                                    |
| 10.22                             |   | Letter                Agreement dated May 25, 2004 between EYI Industries, Inc. and Source                Capital Group, Inc.(8)                                                                                                        |
|                              |   |                                                                                                                                                                                                                                    |
| 10.23                             |   | Lease                Agreement dated May 1, 2003 among 468058 B.C. Ltd., 642706 B.C. Ltd.,                Essentially Yours Industries Corp., and Essentially Yours Industries,                Inc.                (8)                  |

----

| **Exhibit                  Number** |   | **Description                  of Exhibit** |
|-------------------------------------|--------|---------------------------------------------|

|   |   |                                                                                                                                                                                                                                           |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.24  |   | 5%                Secured Convertible Debenture dated September 24, 2004 between EYI                Industries, Inc. and Cornell Capital Partners, LP(8)                                                                                       |
|   |   |                                                                                                                                                                                                                                           |
| 10.25  |   | 5%                Secured Convertible Debenture dated September 27, 2004 between EYI                Industries, Inc. and Kent Chou(8)                                                                                                          |
|   |   |                                                                                                                                                                                                                                           |
| 10.26  |   | 5%                Secured Convertible Debenture dated September 27, 2004 between EYI                Industries, Inc. TAIB Bank, E.C.(8)                                                                                                        |
|   |   |                                                                                                                                                                                                                                           |
| 10.27  |   | Assignment                Agreement dated September 27, 2004 between Cornell Capital Partners,                LP                and TAIB Bank, E.C.                (8)                                                                         |
|   |   |                                                                                                                                                                                                                                           |
| 10.28  |   | Assignment                Agreement dated September 27, 2004 between Cornell Capital Partners,                LP                and Kent Chou(8)                                                                                               |
|   |   |                                                                                                                                                                                                                                           |
| 10.29  |   | Joint                Venture Agreement dated May 28, 2004 between EYI Industries, Inc.,                World                Wide Buyer’s Club Inc. and Supra Group, Inc.(9)                                                              |
|   |   |                                                                                                                                                                                                                                           |
| 10.30  |   | Indenture                of Lease Agreement dated January 3, 2005 between Golden Plaza Company                Ltd., 681563 B.C. Ltd., and 642706 B.C. Ltd.(10)                                                                                 |
|   |   |                                                                                                                                                                                                                                           |
| 10.31  |   | Consulting                Services Agreement dated March 5, 2004 between EYI Industries, Inc.                and                EQUIS Capital Corp.(13)                                                                                        |
|   |   |                                                                                                                                                                                                                                           |
| 10.32  |   | Letter                dated May 25, 2004 between Source Capital Group, Inc. and EYI Industries,                Inc.(14)                                                                                                                        |
|   |   |                                                                                                                                                                                                                                           |
| 10.33  |   | Loan                Agreement between Janet Carpenter and EYI Industries, Inc., dated                February                10, 2005(15)                                                                                                      |
|   |   |                                                                                                                                                                                                                                           |
| 10.34  |   | Promissory                Note dated February 10, 2005 between Janet Carpenter and EYI                Industries(15)                                                                                                                           |
|   |   |                                                                                                                                                                                                                                           |
| 10.35  |   | Bonus                Share Agreement between Janet Carpenter and EYI Industries, Inc.                dated                February 14, 2005(15)                                                                                                |
|   |   |                                                                                                                                                                                                                                           |
| 10.36  |   | Pledge                and Escrow Agreement dated February 24, 2005 between Janet Carpenter,                Cornell Capital Partners, LP and David Gonzalez.                (15)                                                                |
|   |   |                                                                                                                                                                                                                                           |
| 10.37  |   | Guaranty                Agreement dated February 24, 2005 between Janet Carpenter, Cornell                Capital                Partners, LP(15)                                                                                              |
|   |   |                                                                                                                                                                                                                                           |
| 10.38  |   | Secured                Promissory Note dated February 24, 2005 between EYI Industries, Inc.                and                Cornell Capital Partners, LP(15)                                                                                 |
|   |   |                                                                                                                                                                                                                                           |
| 10.39  |   | Agreement                dated April 22, 2005 between Essentially Yours Industries Inc. and                Source                1 Fulfillment(17)                                                                                             |
|   |   |                                                                                                                                                                                                                                           |
| 10.40  |   | Reseller                Agreement dated May 11, 2005 between Essentially Yours Industries                Inc. and                Metals & Arsenic Removal Technology, Inc.                (16)                                             |
|   |   |                                                                                                                                                                                                                                           |
| 10.41  |   | Termination                Agreement dated May 13, 2005 between EYI Industries Inc. and Cornell                Capital Partners, LP(17)                                                                                                        |
|   |   |                                                                                                                                                                                                                                           |
| 10.42  |   | Standby                Equity Distribution Agreement dated May 13, 2005 between EYI Industries                Inc. and Cornell Capital Partners, LP(17)                                                                                        |
|   |   |                                                                                                                                                                                                                                           |
| 10.43  |   | Registration                Rights Agreement dated May 13, 2005 between EYI Industries Inc. and                Cornell Capital Partners, LP(17)                                                                                                |
|   |   |                                                                                                                                                                                                                                           |
| 10.44  |   | Escrow                Agreement dated May 13, 2005 between EYI Industries Inc. and Cornell                Capital Partners, LP(17)                                                                                                             |
|   |   |                                                                                                                                                                                                                                           |
| 10.45  |   | Placement                Agent Agreement dated May 13, 2005 between EYI Industries Inc. and                Cornell                Capital Partners, LP(17)                                                                                     |
|   |   |                                                                                                                                                                                                                                           |
| 10.46  |   | Consulting                Agreement dated June 1, 2005 between EYI Industries, Inc. and Eliza                Fung(18)                                                                                                                          |
|   |   |                                                                                                                                                                                                                                           |
| 10.47  |   | Addendum                to the Reseller Agreement dated June 1, 2005 between Essentially                Yours                Industries Inc. and Metals & Arsenic Removal Technology, Inc.                (18)                             |
|   |   |                                                                                                                                                                                                                                           |
| 10.48  |   | Non-Circumvention                and Non-Disclosure Agreement dated July 14, 2005 between Essentially                Yours                Industries Inc. and Metals & Arsenic Removal Technology,                Inc.                (18) |
|   |   |                                                                                                                                                                                                                                           |
| 10.49  |   | Promissory                Note dated August 1, 2005 between EYI Industries Inc. and Cornell                capital                Partners, LP(18)                                                                                             |
|   |   |                                                                                                                                                                                                                                           |
| 10.50  |   | Investor                Relations Agreement dated July 28, 2005 between EYI Industries, Inc.                and                Agora Investor Relations Corp.                (18)                                                              |
|   |   |                                                                                                                                                                                                                                           |
| 10.51  |   | China                Agency Agreement entered into with Guanghzhou Zhongdian Enterprises                (Group) Co. Ltd. and China Electronics Import and Export South China                Corporation. Dated September 15, 2005(19)          |
|   |   |                                                                                                                                                                                                                                           |
| 10.52  |   | Logistics                Management Agreement dated September 1, 2005 between Essentially                Yours                Industries (Hong Kong) Limited and All In One Global Logistics                Ltd.                (20)           |
|   |   |                                                                                                                                                                                                                                           |
| 10.53  |   | Contract                for Legal Services dated September 1, 2005 between EYI Industries                Inc. and                M. Ali Lakhani Law Corporation(21)                                                                            |
|   |   |                                                                                                                                                                                                                                           |
| 10.54  |   | Amended                Investor Relations Agreement dated October 5, 2005 between EYI Industries,                Inc. and Agora Investor Relations Corp. (22)                                                                                  |
|   |   |                                                                                                                                                                                                                                           |
| 10.55  |   | Settlement                Agreement dated December 21, 2005 between EYI Industries, Inc., Halo                Distribution, LLC and Business Centers, LLC. (23)                                                                                |

----

| **Exhibit                  Number** |   | **Description                  of Exhibit** |
|-------------------------------------|--------|---------------------------------------------|

|   |   |                                                                                                                                                                                       |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.56  |   | Global                Consulting Group Agreement dated January 19, 2006 entered into with                Global                Consulting Group Inc. and EYI Industries Inc. (23)          |
|   |   |                                                                                                                                                                                       |
| 10.57  |   | Consulting                Agreement dated January 27, 2006 entered into with Lou Prescott and                Essentially Yours Industries, Inc. (23)                                       |
|   |   |                                                                                                                                                                                       |
| 10.58  |   | Termination                Agreement dated April 3, 2006 between EYI Industries Inc. and Cornell                Capital Partners, LP (25)                                                  |
|   |   |                                                                                                                                                                                       |
| 10.59  |   | Letter                of Intent dated April 6, 2006 between Essentially Yours Industries                (International) Limited and Rommel Panganiban and Raul Batista                (25) |
|   |   |                                                                                                                                                                                       |
| 10.60  |   | Securities                Purchase Agreement, dated as of April 24, 2006, by and between EYI                Industries, Inc. and the Buyers listed therein(24)                             |
|   |   |                                                                                                                                                                                       |
| 10.61  |   | Registration                Rights Agreement, dated as of April 24, 2006, by and between EYI                Industries, Inc. and the Buyers listed therein(24)                             |
|   |   |                                                                                                                                                                                       |
| 10.62  |   | $750,000                Secured Convertible Debenture No. CCP-1, dated as of April 24, 2006,                issued to Cornell Capital Partners, LP(24)                                     |
|   |   |                                                                                                                                                                                       |
| 10.63  |   | $333,333                Secured Convertible Debenture CW-1, dated as of April 24, 2006, issued                to                Cornell Capital Partners, LP(24)                           |
|   |   |                                                                                                                                                                                       |
| 10.64  |   | $416,667                Secured Convertible Debenture TAIB-1, dated as of April 24, 2006,                issued                to Cornell Capital Partners, LP(24)                         |
|   |   |                                                                                                                                                                                       |
| 10.65  |   | Security                Agreement, dated as of April 24, 2006, issued to Cornell Capital                Partners,                LP(24)                                                    |
|   |   |                                                                                                                                                                                       |
| 10.66  |   | Warrant                No. CCP-001, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.67  |   | Warrant                No. CCP-002, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.68  |   | Warrant                No. CCP-003, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.69  |   | Warrant                No. CCP-004, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.70  |   | Warrant                No. CCP-005, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.71  |   | Warrant                No. CCP-006, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.72  |   | Warrant                No. CCP-007, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.73  |   | Warrant,                No. CCP-008, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                        |
|   |   |                                                                                                                                                                                       |
| 10.74  |   | Warrant                No. CCP-009, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.75  |   | Warrant                No. CCP-010, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.76  |   | Warrant                No. CCP-011, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.77  |   | Warrant                No. CCP-012, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.78  |   | Warrant                No. CCP-013, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.79  |   | Warrant                No. CCP-014, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.80  |   | Warrant                No. CCP-015, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.81  |   | Warrant                No. CCP-016, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |
|   |   |                                                                                                                                                                                       |
| 10.82  |   | Warrant                No. CCP-017, dated April 24, 2006, issued by the Company to Cornell                Capital Partners, LP(24)                                                         |

----

| **Exhibit                  Number** |   | **Description                  of Exhibit** |
|-------------------------------------|--------|---------------------------------------------|

|   |   |                                                                                                                                                                                                                                                                |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.83  |   | Irrevocable                Transfer Agent Instructions, dated April 24, 2006, by and among the                Company, the Buyers listed therein and Corporate Stock Transfer,                Inc.                (24)                                              |
|   |   |                                                                                                                                                                                                                                                                |
| 10.84  |   | Consulting                Agreement dated May 1, 2006 between Essentially Yours Industries                (Hong                Kong) Limited and Siu Chung (Freeda) Chan (25)                                                                                       |
|   |   |                                                                                                                                                                                                                                                                |
| 10.85  |   | Amended                Logistics Management Agreement dated May 1, 2006 between Essentially                Yours                Industries (Hong Kong) Limited and All In One Global Logistics                Ltd.                (29)                              |
|   |   |                                                                                                                                                                                                                                                                |
| 10.86  |   | Distribution                Agreement dated May 17, 2006 between Essentially Yours Industries                (Hong                Kong) Limited and Nozin, LLC(27)                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                |
| 10.87  |   | Consulting                Agreement dated July 1, 2006 between Essentially Yours Industries,                Inc.                and James Toll(29)                                                                                                                  |
|   |   |                                                                                                                                                                                                                                                                |
| 10.88  |   | Letters                dated July 12, 2006 and July 14, 2006 from Metals & Arsenic Removal                Technology(29)                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                |
| 10.89  |   | Addendum                to the China Agency Agreement dated September 15, 2005 between EYI                HK and                Guangzhou Zhondian Enterprises (Group) Co. Ltd. and China Electronics                Import and Export South China Corporation (28) |
|   |   |                                                                                                                                                                                                                                                                |
| 10.90  |   | Consignment                and Distribution Agreement dated September 20, 2006 between Essentially                Yours Industries (International) Limited and Orientrends, Inc.                (30)                                                                |
|   |   |                                                                                                                                                                                                                                                                |
| 10.91  |   | Investor                Relations Agreement between EYI Industries, Inc and Agoracom Investor                Relations Corp.                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                |
| 10.92  |   | Settlement                Agreement dated September 1, 2006 between Barry LaRose, Jay Sargeant                and                EYI Industries Inc.                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                |
| 10.93  |   | Settlement                Agreement and Release dated September 5, 2006                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                |
| 10.94  |   | Agreement                dated October 12, 2006 between Essentially Yours Industries, Inc.                and Mach                3 Technologies Group, LLC(31)                                                                                                     |
|   |   |                                                                                                                                                                                                                                                                |
| 10.95  |   | Consulting                Agreement between Essentially Yours Industries, Inc. and Creative                Life                Enterprises Inc. dated October 19, 2006                                                                                              |
|   |   |                                                                                                                                                                                                                                                                |
| 14.1   |   | Code                of Ethics(5)                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                |
| 21.1   |   | List                of Subsidiaries(23)                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                |
| 23.1   |   | Consent                of Williams & Webster, P.S. (26)                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                |
| 31.1   |   | Certification                of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley                Act of 2002                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                |
| 31.2   |   | Certification                of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley                Act of 2002                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                |
| 32.1   |   | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                                      |
|   |   |                                                                                                                                                                                                                                                                |
| 32.2   |   | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 906 of the Sarbanes-Oxley Act of                2002                                                       |

----

| (1) | Filed                as an exhibit to the registration statement on Form 10-SB/A of Safe                ID                Corporation, filed with the SEC on September 21,                2000. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Filed                as an exhibit to the registration statement on Form SB-2 of Essentially                Yours Industries, Inc., filed with the SEC on November 12,                2002. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Filed                as an exhibit to our Current Report on Form 8-K, filed with the SEC                on                January 8, 2004. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Filed                as an exhibit to our Registration Statement on Form S-8, filed with                the                SEC on March 30, 2004. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Filed                as an exhibit to our annual report on Form 10-KSB for the year ended                December 31, 2003, filed with the SEC on April 14,                2004. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Filed                as an exhibit to our quarterly report on Form 10-QSB for the period                ended                March 31, 2004, filed with the SEC on May 24,                2004. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Filed                as an exhibit to our registration statement on Form SB-2, filed with                the                SEC on September 17, 2004. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Filed                as an exhibit to our quarterly report on Form 10-QSB for the period                ended                September 30, 2004, filed with the SEC on November 22,                2004. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Filed                as an exhibit to our Amendment No. 1 to our registration statement                on Form                SB-2 on December 23, 2004. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | Filed                as an exhibit to our Current Report on Form 8-K, filed with the SEC                on                January 12, 2005. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | Filed                as an exhibit to our quarterly report on Form 10-QSB for the period                ended                September 30, 2004, filed with the SEC on November 22,                2004. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | Filed                as an exhibit to our Current Report on Form 8-K, filed with the SEC                on                March 10, 2005. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (13) | Filed                as an exhibit to our quarterly report on Form 10-QSB/A for the period                ended March 31, 2004, filed with the SEC on December 15,                2004. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (14) | Filed                as an exhibit to our quarterly report on Form 10-QSB/A for the period                ended June 30, 2004, filed with the SEC on December 15,                2004. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (15) | Filed                as an exhibit to our annual report on Form 10-KSB for the period                ended                December 31, 2004, filed with the SEC on April 18,                2005. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (16) | Filed                as an exhibit to our Current Report on Form 8-K, filed with the SEC                on May                17, 2005. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------|

| (17) | Filed                as an exhibit to our Quarterly Report on Form 10-QSB for the period                ended                March 31, 2005, filed with the SEC on May 23,                2005. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

(b)      Reports on Form 8-K:

| **Date                of Event**  |   | **Date                of filing** |   | **Description                of the Form 8-K**                                                                                                                                                                                                                                                                 |
|-----------------------------------|--------|-----------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| October                25, 2006   |   | October                27, 2006   |   | Disclosure                of news release dated October 25 , 2006 regarding a non-binding letter                of                intent with Mach 3 Technologies Group, LLC                                                                                                                                   |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| October                12, 2006   |   | October                16, 2006   |   | Disclosure                of an agreement between Essentially Yours Industries, Inc. and Mach                3                Technologies Group, LLC                                                                                                                                                          |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| September                20, 2006 |   | September                25, 2006 |   | Disclosure                of agreement between Essentially Yours Industries (International)                Limited                and Orientrends, Inc.                                                                                                                                                        |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| July                27, 2006      |   | August                3, 2006     |   | Disclosure                of an Addendum to the China Agency Agreement dated September 15,                2005                between EYI HK and Guangzhou Zhongdian Enterprises (Group) Co. Ltd.                and                China Electronics Import and Export South China                Corporation |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| July                21, 2006      |   | July                24, 2006      |   | Disclosure                of news release dated July 21, 2006 regarding a non-binding letter                of                intent with Mach 3 Technologies Group, LLC                                                                                                                                       |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| May                17, 2006       |   | May                24, 2006       |   | Disclosure                of Distribution Agreement dated May 17, 2006 with Nozin,                LLC                                                                                                                                                                                                          |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| May                11, 2006       |   | May                11, 2006       |   | Amendment                No. 1 to Form 8-K filed on May 1, 2006                                                                                                                                                                                                                                                |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| April                24, 2006     |   | May                1, 2006        |   | Disclosure                of securities purchase agreement pursuant to which EYI will sell                convertible debentures and issuance of warrants to Cornell Capital                Partners, LP                                                                                                       |
|                              |   |                              |   |                                                                                                                                                                                                                                                                                                           |
| April                3, 2006      |   | April                4, 2006      |   | Disclosure                of Termination Agreement with Cornell Capital                Partners                                                                                                                                                                                                                |

----

**SIGNATURES**

|                                    |                                                                                                                            |   |
|-----------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|--------|
| **EYI                INDUSTRIES, INC.** |                                                                                                                            |   |
|                                    |                                                                                                                            |   |
|                                    |                                                                                                                            |   |
| By:                                | /s/              Jay Sargeant                                                                                                   |   |  |
|                                         | Jay                Sargeant                                                                                                     |   |  |
|                                         | President,                Chief Executive Officer,and                  Director(Principal                    Executive Officer) |   |  |
|                                    |                                                                                                                            |   |   |
|                                    | Date:                November 20, 2006                                                                                          |   |   |
|                                    |                                                                                                                            |   |   |
|                                    |                                                                                                                            |   |   |
| By:                                |  /s/              Rajesh Raniga                                                                                            |   |   |
|                                    | Rajesh                Raniga                                                                                                    |   |   |
|                                    | Chief                Financial Officer(Principal                Accounting Officer)                                             |   |   |
|                                    |                                                                                                                            |   |   |
|                                    | Date:                November 20, 2006                                                                                          |   |   |

----