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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-KSB

[X] ANNUAL  REPORT UNDER SECTION 13 OR 15(d) OF THE  SECURITIES  EXCHANGE ACT OF
    1934 for the fiscal year ended December 31, 2006.


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

    from _______________________ to _____________


                        Commission File Number 000-26373


                                 ROCKETINFO INC.
                 ----------------------------------------------
                 (Name of small business issuer in its charter)


       DELAWARE                                  98-0196717
 -------------------------------  ------------------------------------
(State or other jurisdiction of   (I.R.S. Employer Identification No.)
 incorporation or organization)


             3101 West Coast Highway, Suite 210, Newport Beach, CA.
                   ------------------------------------------
                    (address of principal executive offices)


                                      92660
                                   ----------
                                   (Zip Code)


                     Issuer's telephone number 949-548-0223

   Securities registered under Section 12(b) of the Exchange Act: NONE


     Securities registered under Section 12(g) of the Exchange Act:
                    COMMON STOCK, PAR VALUE $0.001 PER SHARE


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant  was required to file such reports),  and(2) has been
subject to such filing requirements for the past 90 days. [X] Yes [ ] No

Check if there is no  disclosure  of delinquent  filers in response to Item 405
of  Regulation  S-B is not contained in this form,  and no  disclosure will  be
contained,   to  the  best  of  registrant's   knowledge,  in  definitive  proxy
or information statements incorporated  by reference in Part  III  of  this Form
10-KSB or any amendment to this Form 10-KSB. [X]

Issuer's consolidated and combined revenues for its most recent fiscal year:
$342,415.

<page>

As of March 27, 2007,  the aggregate  market value of the voting and  non-voting
common equity held by non-affiliates (assuming that the issuer's only affiliates
are  its  officers,  directors  and 10% or  greater  stockholders)  computed  by
reference to the price at which the common  equity was sold,  or the average bid
and asked price of such common equity, was $8,434,922.

As of March 27, 2007 the number of shares  outstanding  of the  issuer's  common
shares was 46,327,843.


                     Documents incorporated by reference: 8K

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



                                TABLE OF CONTENTS

PART 1
Item 1     DESCRIPTION OF BUSINESS                                            3
Item 2.    DESCRIPTION OF PROPERTY                                            5
Item 3.    LEGAL PROCEEDINGS                                                  5
Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                5
PART II
Item 5.    MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS           5
Item 6.    MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION          6
Item 7.    FINANCIAL STATEMENTS                                               8
Item 8.    CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
           AND FINANCIAL DISCLOSURE                                          20
Item 8A.   CONTROLS AND PROCEDURES                                           20
Item 9.    DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
           PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT        20

PART III
Item 10.   EXECUTIVE COMPENSATION                                            21
Item 11.   SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
           MANAGEMENT AND RELATED STOCKHOLDER MATTERS                        22
Item 12.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS                    24
Item 13.   EXHIBITS AND REPORTS ON FORM 8-K                                  24
Item 14.   PRINCIPAL ACCOUNTANT FEES AND SERVICES                            24

SIGNATURES                                                                   26

PART I.

ITEM 1.  DESCRIPTION OF BUSINESS.

All  references  in  this  form  to  "we",  "us",  "our",  "the  Company",  "the
Registrant" and "Rocketinfo" are intended to refer to Rocketinfo Inc.


FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-KSB contains  certain  forward-looking  statements
within the meaning of Section 27A of the  Securities Act of 1933 and Section 21E
of the  Securities  Exchange Act of 1934.  When used in this  report,  the words
"believe,"  "anticipate,"  "think," "intend," "plan," "expect," "project," "will
be" and  similar  expressions  identify  such  forward-looking  statements.  The
forward-looking statements included herein are based on current expectations and
assumptions  that involve a number of risks and  uncertainties.  Such statements

<page>

regarding future events and/or the future  financial  performance of the Company
are subject to certain risks and uncertainties, such as delays in the completion
or release of products, the availability of financing,  the achievement of sales
assumptions as projected,  the risk of war,  terrorism and similar  hostilities,
the possible lack of consumer appeal and acceptance of products  released by the
Company,   fluctuations  in  demand,  that  competitive  conditions  within  the
Company's  markets will not change  materially or adversely,  that the Company's
forecasts will accurately  anticipate market demand,  and the risks discussed in
"Factors Affecting Future  Performance",  which could cause actual events or the
actual   future   results  of  the  Company  to  differ   materially   from  any
forward-looking  statement.   Assumptions  relating  to  the  foregoing  involve
judgments with respect to, among other things, future economic,  competitive and
market conditions,  and future business decisions, all of which are difficult or
impossible to predict accurately and many of which are beyond the control of the
Company.  Although the Company  believes  that the  assumptions  underlying  the
forward-looking  statements are  reasonable,  the business and operations of the
Company are subject to substantial risks that increase the uncertainty  inherent
in the  forward-looking  statements.  In  light  of the  significant  risks  and
uncertainties  inherent in the  forward-looking  statements included herein, the
inclusion of such statements  should not be regarded as a representation  by the
Company or any other person that the objectives and plans of the Company will be
achieved.

(a) Business Development.

Rocketinfo Inc., a Delaware company incorporated in October 1998, has its
executive offices at 3101 West Coast Highway, Suite 210, Newport Beach, CA.
92660 USA.  The telephone number is 949-548-0223.

Through  December 31, 2006, the Company has generated  $342,415 in revenues from
operations.

Pursuant to a series of share  acquisition  agreements  dated August 3, 2004 and
effective  October 1st, 2004, the Registrant has acquired all of the outstanding
shares of Rocket  Technologies  Inc. (herein "Rocket  Technologies") in exchange
for Eight Million  (8,000,000) shares of the Registrant's common stock, and cash
payments  in the  amount of Four  Hundred  Thousand  Dollars  ($400,000)  to the
shareholders of Rocket Technologies.  The final Fifty Thousand ($50,000) payment
pursuant to the share acquisition agreements was paid by the Registrant on March
28th, 2005.

Since the acquisition of Rocket Technologies the Registrant has embarked upon an
aggressive  sales,  development  and  marketing  program  designed to expand the
number of clients  utilizing  the  Registrant's  news and  business  information
aggregation or `infomediary' services.

(b)     Business of Issuer

OVERVIEW

At the core of  Rocketinfo's  services and  technology  is a real-time  news and
business information  aggregation and search engine system.  Rocketinfo provides
embedded  search  tools and services to 3rd party  search  engines,  portals and
software  vendors for use in  applications  ranging from  customer  relationship
management (CRM), business intelligence (BI) and financial services.

<page>

Rocketinfo's  infomediary  services  include a  combination  of  next-generation
search  technologies,  unique and  proprietary  approaches to the  extraction of
valuable  business  information,  and an  extensive  range  of  delivery  tools,
(including  RSS).  The  Rocketinfo   search  engine  draws  from  the  Company's
continuously  updated index of over 16,000 Internet sites, 80,000 RSS and Weblog
sources  as  well  as  client-defined  content  channels.  At  the  core  of the
Rocketinfo  offering is a robust,  proprietary  search  engine and its extensive
content database.

ROCKETINFO TECHNOLOGY

Rocketinfo's   technology  provides   intelligent  software  tools  that  index,
categorize  and extract key  concepts  and data from  current  news and business
information.  These  tasks are  executed  automatically,  with  high-performance
content  storage,  key-word and concept  search  flexibility,  and  personalized
multi-channel delivery via news portals, emails, opt-in newsletters or alerts to
recipients' desktops or mobile wireless devices.

The following factors differentiate the Rocketinfo search and content technology
and products from other competitors.

oA  high-performance  content  storage  system that uses  advanced,  proprietary
indexing,  clustering  and  compression  technology  to allow the  content to be
searched quickly without relying on expensive computing  resources.  Keyword and
concept  search  flexibility,  combined with  parametric  search  controls offer
unlimited size,  scope and precision in the creation of the search  expressions,
without impacting performance.

o  Proprietary  intelligent  analytical  tools  improve the search and  analysis
process by  utilizing a "Knowledge  Builder"  module that helps users define and
extend the terms and scope of their  search.  Sophisticated  ranking  algorithms
power a relevancy engine to ensure that only truly relevant content is presented
for further refinement and analysis.  A specialized learning engine allows users
to provide  feedback to a neural  network that  increases  the  relevance of the
results.

o Rocketinfo's  multi-channel  delivery system  supports web publishing,  e-mail
newsletters to both connected and wireless devices,  desktop alerts and XML data
feeds that can be integrated with other applications.  The company's  autonomous
processing technology allows relevant information to be collected,  analyzed and
delivered without the need for direct user intervention.

The Rocketinfo search engine automates,  accelerates and greatly  simplifies the
manner  in which  information  is  acquired,  analyzed,  converted  into  useful
knowledge and distributed to  decision-makers.  All this allows for timelier and
more informed business decisions with strongly improved research  efficiency and
with the added bonus of lower costs than other data alternatives.

Rocketinfo's  search engine  system  includes web robots,  data storage,  search
definition,  retrieval and document  ranking  systems.  The search engine system
components  work  together  providing  the tools to scrape,  index and  compress
network based  unstructured/structured  data at regular intervals. Web based and
application  programming  interfaces  (i.e.  XML, SOAP) allow for complex search
query submission.  The Rocketinfo document rank subsystem yields highly relevant
results using a combination of keyword and parametric analysis.

<page>

SALES AND MARKETING STRATEGY

The Company's business strategy is focused on sales and revenue generation
through

A.       licensing of Embedded Search products to application  software  vendors
         and  distribution of embedded search tools and content for CPM and/or
         shared advertising revenue basis.
B.       distribution of Consumer products for both volume-use (CPM) or per-seat
         revenue and/or advertising revenue

Embedded Search Products
------------------------

The Company's business model in the embedded search products area is to continue
to license embedded search tools,  content and services to application  software
vendors  on  volume-use  (CPM) or  per-seat  basis.  The  Company  is focused on
partnering with vendors in the Business Intelligence, CRM and Financial Services
markets. The Company plans to leverage these partners' existing customers, sales
and marketing organizations to generate and increase revenue.

The Company also plans to continue to provide  embedded search tools and content
to internet  portals and 3rd party search  engines.  The Company  will  continue
licensing  embedded  search  functionality  on a volume-use  (CPM) and/or shared
revenue basis.  The company will also continue to provide content to portals and
desktop  applications (like RSS Readers) and will be introducing highly targeted
advertisements embedded in RSS feeds

Consumer Products
-----------------

RocketNews.com
--------------

In order to showcase the search  result  accuracy,  low cost of  deployment  and
scalability of our technologies, Rocketinfo launched RocketNews in October 2000.
RocketNews  is one of the first  `current'  news search  engines on the Internet
(www.rocketnews.com).  Powered by Rocket's  core search  technology,  the public
site provides a completely software-driven breaking news portal updated every 15
minutes.  Users are able to search for news from  16,000  Internet  news  sites,
using a combination of advanced  Boolean  expressions  and parametric  controls.
RocketNews  handles several million search requests a month,  using a cluster of
Intel-based Dell servers. Calculated over one year, the cost per search request,
including equipment and network connectivity,  is approximately 0.0001875 cents.
RocketNews  was  nominated  for best News Search  Engine in 2003 and for a Webby
Award for best Internet News Site in 2004. The Company is currently beginning to
advertise on RocketNews.com.

Rocketinfo RSS Reader
---------------------

Rocketinfo  has developed a web-based RSS Reader capable of managing and viewing
hundreds of feeds for each  individual  user.  The RSS Reader is able to process
RSS feeds published in the 0.91, 1.0 and 2.0 standards as well as the newer ATOM
publishing  standard.  The  reader  provides a number of  features  not found in
competing  products including search tools for finding RSS feeds and the ability
to create  personalized  feeds. The Rocketinfo RSS Reader has been deployed as a
free service  (http://reader.rocketinfo.com)  since March 2004. More than 35,000
users have signed up for the service.

<page>

Rocketinfo Desktop
------------------

The Company has been  developing  and testing  the  RocketNews  Desktop,  a free
desktop  search tool with embedded  advertisements.  The Company  introduced the
preliminary version of the advanced  "researcher"  product to its rocketnews.com
web site for download by our web site users on February 22nd, 2006.

CURRENT OPERATIONS

The Registrant  utilizes the services of full time  employees,  its Officers and
Directors   are   experienced   industry   consultants   to  conduct   business.
Additionally,  the Company has been attempting to negotiate financing with which
to continue and expand its business operations.  The Company will not be able to
pursue the sales and marketing of its products as  aggressively as planned if it
is not able to secure additional financing.

Over the last twelve months,  management has taken the steps  described above to
create a successful business model for the Registrant.  Management  responded to
the lack of sales revenue from its resource business with the termination of the
previous oil and gas business  activities.  The Registrant has also restructured
its  debt,  completed  the  acquisition  of  Rocket  Technologies  and  targeted
marketing  efforts on increasing sales of products related to the new Rocketinfo
business model.  Management has also decided to hire both  additional  technical
staff to ensure that the  Registrant  can meet the demands for its  products and
additional sales and marketing personnel to increase sales.  Management believes
that cash flow from  operations  related  to the new  business  model,  which is
projected to grow  significantly  during 2007,  will be  sufficient to allow the
Registrant to continue in business in 2007 and beyond.

The  Registrant's  management and the former  management of Rocket  Technologies
have been  operating the new business  venture as described  above.  There is no
assurance that the new business venture will prove as successful as anticipated.
The Registrant will also seek additional sources of capital through the issuance
of debt and equity financing.

The ability of the Registrant to continue as a going concern is dependent on the
success  of the  Registrant's  business  plan  and may also  require  additional
sources of capital. The financial statements do not include any adjustments that
might be necessary if the Registrant is unable to continue as a going concern.

Goodwill-Asset Impairment
-------------------------

Pursuant to a series of share  acquisition  agreements  dated August 3, 2004 and
effective October 1st, 2004, the Company acquired all of the outstanding  shares
of Rocket  Technologies  Inc.  ("Rocket  Technologies")  in  exchange  for Eight
Million  (8,000,000)  shares of the Company's common stock, and cash payments in
the amount of Four Hundred  Thousand  Dollars  ($400,000) to the shareholders of
Rocket  Technologies.  As a  result  of the  acquisition,  the  Company  carries
goodwill as an asset on its balance  sheet as at December 31, 2006 in the amount
of $3,975,000.  The Company assesses the recoverability of the fair value of the
goodwill at least annually.  If it is determined  that an impairment  exists the
Company will record a reserve for the amount of the decrease in the value.

In determining  the factors  relevant to the value of Goodwill and other assets,
the Company  assesses  the present  value of  estimated  future cash flows.  The
Company  believes that the fair value of the Goodwill asset has not declined and
accordingly has not recorded a reserve as of December 31, 2006.

<page>

COMPETITION

The Company will encounter  competition  from other  infomediaries,  specialized
search engines and competitive  intelligence  companies in its efforts to market
its products.  The Company's  competitors include,  amongst others,  specialized
search engine companies, competitive intelligence companies and numerous content
companies.  Many of its competitors are large,  well-established  companies with
substantially  larger operating staffs and greater capital  resources than those
of the  Company and which have been  engaged in the search and content  business
for a much longer time than the Company.  Such companies may be able to pay more
for sales, marketing, and development and may be able to identify, evaluate, bid
for,  and  purchase a greater  number of content  resources  than the  Company's
financial or human resources permit.

The Company's  ability to acquire  clients will be dependent upon its ability to
identify  suitable  business  prospects and to consummate  transactions  in this
highly  competitive  environment.  The  Company  believes  that its  proprietary
technology,  skilled development team and the experience of management generally
enables it to compete effectively.  Many of the Company's competitors,  however,
have  financial  resources  that are  substantially  greater  than  those of the
Company,  which may adversely affect the Company's ability to compete with these
companies.

PATENTS, TRADEMARKS, AND LICENSES

The  Company  protects  or will  protect  our  intellectual  property  through a
combination of trade secrets,  confidentiality agreements,  trademarks,  license
agreements  and patents.  We currently have one trademark for  "Rocketinfo"  and
numerous  confidentiality  agreement license  agreements  currently in place. We
have no patents in place.  However we anticipate using all of these devices over
the next 12 months to protect our intellectual property.

REGULATION

Our  business  is subject to a variety of U.S.  and  foreign  laws,  which could
subject us to claims or other  remedies  based on the nature and  content of the
information searched or displayed by our products and services,  and could limit
our ability to provide information regarding regulated industries and products.

The  laws  relating  to the  liability  of  providers  of  online  services  for
activities  of their users are  currently  unsettled  both  within the U.S.  and
abroad.  Other  information and search  companies have been threatened and filed
against  under both U.S.  and foreign  law for  defamation,  libel,  invasion of
privacy and other data protection claims, tort, unlawful activity,  copyright or
trademark infringement, or other theories based on the nature and content of the
materials  searched and the ads posted or the content generated by our users. It
is also possible that we could be held liable for  misinformation  provided over
the web when that information appears in our web search results. If one of these
complaints  is filed and  results in  liability  to us, it could be  potentially
costly, encourage similar lawsuits,  distract management and harm our reputation
and possibly our business.  In addition,  increased  attention  focused on these
issues and legislative  proposals could harm our reputation or otherwise  affect
the growth of our business.

<page>

The  application  to us of existing laws  regulating  or requiring  licenses for
certain businesses of our advertisers,  including, for example,  distribution of
pharmaceuticals,  adult content, financial services, alcohol or firearms, can be
unclear.  Existing or new legislation could expose us to substantial  liability,
restrict our ability to deliver services to our users, limit our ability to grow
and cause us to incur significant expenses in order to comply with such laws and
regulations.

Several other federal laws could have an impact on our business. Compliance with
these laws and  regulations  is complex  and may impose  significant  additional
costs on us. For example,  the Digital  Millennium  Copyright Act has provisions
that  limit,  but do not  eliminate,  our  liability  for  listing or linking to
third-party web sites that include  materials that infringe  copyrights or other
rights, so long as we comply with the statutory requirements of this act.

We  also  face  risks  associated  with  international   data  protection.   The
interpretation  and  application of data protection laws in Europe and elsewhere
are  still  uncertain  and in  flux.  It is  possible  that  these  laws  may be
interpreted  and  applied  in a  manner  that  is  inconsistent  with  our  data
practices.  If so, in addition to the possibility of fines, this could result in
an order requiring that we change our data practices, which in turn could have a
material effect on our business.

EMPLOYEES

Currently, the Company has 11 employees and full time consultants,  some of whom
are also  current  officers.  All of the  employees  are employed on a full time
basis,  and are  paid  salaries.  None of the  employees  are  represented  by a
collective bargaining agreement.


(c) Reports to security holders.

The Company is not required to deliver an annual report to security  holders and
will  not  send  an  annual  report  voluntarily.   The  Company  files  reports
electronically with the Securities and Exchange Commission, namely, Forms 10KSB,
10QSB,  and 8-K. The public may read and copy any materials the Company's  files
with the SEC at the  SEC's  Public  Reference  Room at 450 Fifth  Street,  N.W.,
Washington,  D.C. 20549.  The public may obtain  information on the operation of
the  Public  Reference  Room  by  calling  the  SEC at  1-800-SEC-0330.  The SEC
maintains  an  Internet  site  that  contains  reports,  proxy  and  information
statements,  and other information  regarding  issuers that file  electronically
with  the  SEC  at:  http://www.sec.gov/  The  Company's  Internet  address  is:
http://www.rocketinfo.com/

ITEM 2.  DESCRIPTION OF PROPERTY.

(a) The Company's  principal  administrative  offices were located at: 3101 West
Coast Highway, Suite 210, Newport Beach, CA 92660 which consisted of one office.

(b) Investment Policies.

The Company has no policy on  investments  in real estate or  interests  in real
estate,  investments in real estate mortgages,  or securities of or interests in
persons primarily engaged in real estate activities.

(c) Description of Real Estate and Operating Data.

The Company does not hold or intend to acquire any real estate.

<page>

ITEM 3.  LEGAL PROCEEDINGS.

o Hendry Warren LLP claim for CDN $31,030.  Hendry Warren a Canadian  accounting
firm  claimed  for work  allegedly  performed  for the  Company.  This claim was
settled by the payment of CDN $10,000 to Hendry Warren.

o Moskowitz  Altman & Hughes  claim for USD  $50,313.88.  Mr.  Moskowitz  claims
against the Company for work  allegedly done for the Company as an attorney from
1999 to 2001.  Moscowitz  has  received a judgment  against  the Company and the
Company is appealing this matter.


o Freeman & Davis claim for USD  $34,040.86  for services  performed as auditors
for the  Company  from  1999 to  2000.  A  settlement  of this  claim  is in the
preliminary stages and management anticipates a resolution to this matter during
the second quarter of calendar 2007.

o Jetpack  Creative claim for CDN $22,585 for design services was awarded to the
plaintiff  when the Company  failed to attend a settlement  conference in March,
2006.  The award was settled  between  JetPack  Creative  and the Company by the
payment of CDN $16,000 to the plaintiff.

o The Canadian  Press  ("CP") has taken legal  against  Rocketinfo  and seeks an
injunction  to prevent the Company from 1)  producing,  reproducing,  selling or
distributing CP's news items and 2) communicating  CP's news items to the public
by  telecommunication,  or 3) otherwise  infringing on the Plaintiff  copyright.
Rocketinfo  is vigorously  defending  against this action but is also seeking to
come to some sort of commercial  settlement  with the  Plaintiff  such that both
parties in the action can enjoy a mutually  beneficial  partnership  rather than
the continuous outlay of legal costs.

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

No  matters  were  submitted  to a vote of  security  holders  during the fourth
quarter of 2006, through solicitation of proxies or otherwise.

PART II.

ITEM 5.  MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.

The Company's common stock is traded on the NASD Over-the-Counter Bulletin Board
System under the symbol "RKTI".  The high and low bid  information  reflected in
the table below  represents  the range of high and low bids for the common stock
for each  quarter  within  the last two fiscal  years.  The  quotations  reflect
inter-dealer prices, without retail mark-up, mark-down or commission and may not
represent actual transactions.


            QUARTER ENDED                      LOW PRICE       HIGH PRICE
         -------------                      ---------         --------

             March 31, 2005                     $1.85             $3.39
         June 30, 2005                      $1.30             $2.95
         September 30, 2005                 $0.46             $1.45
         December 31, 2005                  $0.16             $0.56

             March 31, 2006                     $0.19                $0.21
         June 30, 2006                      $0.16             $0.17
         September 30, 2006                 $0.19             $0.21
         December 31, 2006                  $0.14             $0.17

         (Source: YAHOO Finance; RKTI.OB; Historical Prices)

<page>

As of December 31, 2006, there were  approximately  189 holders of record of the
Company's common stock.

The  Company  has not paid any cash  dividends  on the  Common  Stock and has no
present  intention  to declare or pay cash  dividends on the Common Stock in the
foreseeable  future.  The  Company  intends to retain any  earnings  that it may
realize in the foreseeable future to finance its operations.

The  following  table sets forth the  information  as at December  31, 2006 with
respect to compensation plans (including individual  compensation  arrangements)
under which equity securities of the Company are authorized for issuance:

<table>
<caption>
Equity Compensation Plan Information

Plan category             Number of securities to be   Weighted-average exercise    Number of securities
                          issued upon exercise of      price of outstanding         remaining available for
                          outstanding options,         options, warrants and        future issuance under
                          warrants and rights          rights                       equity compensation plans
                                                                                    (excluding securities
                                                                                     reflected in column (a))

                                 (a)                          (b)                         (c)
----------------------------------------------------------------------------------------------------------------------

                              <c>                       <c>                        <c>
Equity compensation plans         0                                 0                        1,000,000
approved by security holders
----------------------------------------------------------------------------------------------------------------------
Equity compensation plans not   7,500,000                           0                           0
approved by security holders
----------------------------------------------------------------------------------------------------------------------
Total                           7,500,000                           0                        1,000,000
----------------------------------------------------------------------------------------------------------------------
</table>

<page>

The  Company's  1998 Stock  Option Plan (the "Plan) was  established  to provide
equity incentives to employees, including officers,  non-employee members of the
board of directors of the Company, and other eligible persons to provide a means
through  which the Company may attract  able  persons to serve the  Company,  by
granting such persons  options to purchase  shares of stock of the Company.  The
Plan permits the granting of incentive  stock  options and  non-qualified  stock
options.  The maximum  number of common  shares  that may be issued  pursuant to
options granted under this Plan is 1,000,000  common shares.  The exercise price
of an option is established by the fair market value of the common shares of the
Company on the date of which the option is granted.

During the year ended December 31, 2006, the Company  received  $854,945 in cash
for 8,075,802 shares of restricted common stock that were issued in the offering
pursuant to Regulation D, Rule 505, of the Securities Act of 1933, as amended.

During the year 2006 the Company  issued  620,000  shares of  restricted  common
stock for services rendered to the Company in the amount of $98,980.

There have been no other  issuances of common and/or  preferred stock during the
year ended December 31, 2006.

<page>

ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

Plan of Operations
------------------

For the period from the Registrant's  inception through the end of the reporting
period,  the  Registrant  has  received  $342,415 in  consolidated  and combined
revenues. Operating activities during the quarter have been related primarily to
establishing  the  management  and  operating  infrastructure,  as  well  as the
negotiation  and  execution  of  the  above  described  agreements  with  Rocket
Technologies  and  the  commencement  of  marketing  activities  related  to the
Rocketinfo suite of search,  competitive  intelligence and business intelligence
products.  The Registrant will continue to implement  operations described above
to participate in the search sector and the marketing of related  infrastructure
services.

The Registrant has only limited assets.  As a result,  there can be no assurance
that the Registrant will generate  significant revenues in the future or operate
at a profitable level. In order to succeed, the Registrant must obtain customers
and  generate  sufficient  revenues  so  that  it can  profitably  operate.  The
Registrant  in its previous  business  ventures has been unable to  successfully
establish  and  implement  and  successfully  execute its business and marketing
strategy.  The  registrant  has limited  operating  history in the internet news
search sector.

LIQUIDITY AND CAPITAL RESOURCES
-------------------------------
                                            2006              2005
                                            ----              ----

TOTAL CURRENT ASSETS                        55,161            75,734
TOTAL CURRENT LIABILITIES                  519,415           175,174

WORKING CAPITAL SURPLUS/ (DEFICIENCY)     (464,254)          (99,431)

The working capital surplus has decreased by $ 364,814 from December 31, 2005 to
December 31, 2006. Cash decreased by $16,728 over the same period.  The decrease
in  working  capital  surplus  and  decrease  in cash was  substantially  due to
expenses  generated by the Registrant in expanding its sales  operations.  It is
anticipated that additional  funding for the next twelve months will be required
to achieve the objectives of the Company's  current business plan.  Attempts are
ongoing to raise funds through various equity mechanisms.  The Company will also
consider using use various debt instruments as well as public offerings to raise
such capital as is needed to supplement the revenue of the Company during 2007.

General and Administrative Expenses
-----------------------------------

General and administrative  expenses decreased from $2,533,080 to $1,688,258,  a
decrease of $844,822,  over 2005.  This  decrease was due to a decrease in costs
associated  with the  commencement  and  expansion of  operations  in the search
software business.

Net Loss
--------

The Company's net loss decreased  from  $2,333,113 in 2005 to $2,164,946 in 2006
primarily due to a decrease in general and administrative  costs and an increase
in   stock-based   compensation.   At  December  31,  2006  the  Company  had  a
stockholders'  deficit of $7,229,018.  The Company is currently in its operating
stage and has expended a substantial  amount of funds to date.  The sales of the
Company for fiscal years 2005 and 2006 were respectively $210,599 and $342,415.

<page>

INFLATION

Although the Company  believes  that  inflation  has not had a material  adverse
effect on the results of the  operations  to date,  any increase in costs to the
Company could affect the net income or loss of the Company.

DISCLOSURES REGARDING FORWARD-LOOKING STATEMENTS

This  report  contains  forward-looking  statements  within  the  meaning of the
Private Securities Litigation Reform Act of 1995, including statements regarding
our plans,  objectives,  expectations  and  intentions.  Although we believe the
statements and projections are based upon reasonable assumptions, actual results
may differ from those that we have projected.


ITEM 7. FINANCIAL STATEMENTS


<page>

MOORE & ASSOCIATES, CHARTERED
        ACCOUNTANTS AND ADVISORS
        ------------------------
        PCAOB REGISTERED


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

To the Board of Directors
Rocketinfo, Inc.
Las Vegas, Nevada

We have  audited  the  accompanying  balance  sheet of  Rocketinfo,  Inc.  as of
December  31,  2006  and  2005,  and  the  related   statements  of  operations,
stockholders'  equity and cash flows for the years then ended.  These  financial
statements   are  the   responsibility   of  the   Company's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted  our audits in  accordance  with  standards  of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and  perform  the  audits to  obtain  reasonable  assurance  about  whether  the
financial  statements  are free of  material  misstatement.  An  audit  includes
examining,  on a test basis,  evidence supporting the amounts and disclosures in
the  financial  statements.  An audit also  includes  assessing  the  accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating the overall  financial  statement  presentation.  We believe that our
audits provide a reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects, the financial position of Rocketinfo, Inc. as of December
31, 2006 and 2005 and the results of its  operations  and its cash flows for the
years then ended, in conformity with accounting principles generally accepted in
the United States of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company will continue as a going  concern.  The Company has had a net loss since
inception this raises substantial doubt about its ability to continue as a going
concern.  The  financial  statements do not include any  adjustments  that might
result from the outcome of this uncertainty.




/s/ Moore & Associates, Chartered


Moore & Associates Chartered
Las Vegas, Nevada
March 30, 2007


   2675 S. Jones Blvd. Suite 109, Las Vegas, NV 89146 (702) 253-7511
   Fax (702) 253-7501
   -----------------------------------------------------------------


<page>


                         ROCKETINFO, INC. AND SUBSIDIARY
                                 BALANCE SHEETS


                           DECEMBER 31, 2006 AND 2005
<table>
<caption>
                                                                                     2006                    2005
                                                                                ------------             ------------

                                                                             <c>                    <c>

                                     Assets
                                     ------
 Current assets:
        Cash                                                                    $        1,617         $       18,345
        Accounts receivable, net                                                        39,070                 57,389
        Prepaid expenses                                                                14,474                      -
                                                                                 -------------         --------------
            Total current assets                                                        55,161                 75,734

 Equipment, net                                                                         81,980                 45,715
 Security deposit                                                                       11,898                      -
 Goodwill                                                                            3,975,003              3,975,003
                                                                                 -------------         --------------
            Total assets                                                        $    4,124,042         $    4,096,452
                                                                                ==============         ==============

                      Liabilities and Stockholders' Equity
                      ------------------------------------
Current liabilities:
       Accounts payable                                                                376,468                143,453
       Deferred revenues                                                                     -                 11,511
       Loan payable                                                                    142,947                 20,210
                                                                                 -------------         --------------
           Total current liabilities                                                   519,415                175,174
                                                                                 -------------         --------------

 Stockholders' equity:
       Preferred stock, $.001 par value, 5,000,000 shares
            authorized, none issued                                                          -                      -
       Common stock, $.001 par value,  95,000,000 shares
            authorized, 46,102,843 shares and 37,407,041 shares
            issued and outstanding respectively                                         46,103                 37,407
       Additional paid-in capital                                                    9,728,917              8,783,068
       Contributed capital                                                           1,058,625                164,875
       Common stock subscriptions                                                            -                      -
       Deficit accumulated during the development stage                             (7,229,018)            (5,064,072)
                                                                                 ----------------    ----------------
           Total stockholders' equity                                                3,604,627              3,921,278
                                                                                 ----------------    ----------------
           Total liabilities and stockholders' equity                           $    4,124,042        $     4,096,452
                                                                                 ================    ================

</table>

    The accompanying notes are an integral part of these financial statements

<page>

                         ROCKETINFO, INC. AND SUBSIDIARY
                            STATEMENTS OF OPERATIONS

                           DECEMBER 31, 2006 AND 2005
<table>
<caption>
                                                                                     2006                    2005
                                                                                ------------             ------------

                                                                             <c>                    <c>

Revenues: Sales                                                                 $    342,415             $    210,599
       Miscellaneous income                                                                -                      797
                                                                                ------------             ------------
                                                                                     342,415                  211,396
Expenses:
       Depreciation                                                                   14,075                   11,429
       General and administrative                                                  1,688,258                2,533,080
       Stock-based compensation                                                      893,750                        -
                                                                                ------------             ------------
                                                                                   2,596,083                2,544,509

          Loss before other item:                                                 (2,253,668)              (2,333,113)

Other item:
       Gain on debt settlement                                                        88,722                        -
                                                                                ------------             ------------
          Net loss                                                                (2,164,946)              (2,333,113)
                                                                                ============             ============

       Basic net loss per share                                                        (0.05)                   (0.10)
                                                                                ============             ============

       Weighted average common
          shares outstanding                                                      41,907,002               23,230,700
                                                                                ============             ============

</table>

   The accompanying notes are an integral part of these financial statements

<page>

                         ROCKETINFO, INC. AND SUBSIDIARY
                        STATEMENT OF STOCKHOLDER'S EQUITY
                                DECEMBER 31, 2006

<table>
<caption>

                               Issued                 Subscribed
                        Common       Common       Common      Common     Additional             Accumulated  Subscriptions  Total
                        Stock        Stock        Stock       Stock        Paid-In   Contributed  (Deficit)   Receivable
                        Shares       Amount$      Shares       Amt$        Capital$    Capital$       $            $           $
                    =============  =========== ===========  ==========  ============ ========== ============= ============ ======

                  <c>            <c>         <c>         <c>          <c>          <c>         <c>          <c>        <c>

Inception (Octber 2,
 1998)                        -             -            -         -           -            -          -          -            -

Issuance of common
stock                 2,000,000        2,000                                                                                2,000

Common stock
subscriptions                                    6,000,000     6,000                                             (5,488)      512

Net Loss                                                                                              (426)                  (426)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balance
December 31,1998      2,000,000        2,000     6,000,000     6,000           -            -         (426)      (5,488)    2,086

Issuance of stock to
subscribers           6,000,000        6,000    (6,000,000)   (6,000)                                             5,488     5,488

Issuance of common
stock through
Regulation D offering   500,000          500                             102,144           -                              102,644

Net loss                                                                                          (259,663)              (259,663)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balances
December 31,1999      8,500,000        8,500                             102,144           -      (260,089)              (149,445)

Net loss                                                                                           (80,401)               (80,401)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balances
December 31, 2000     8,500,000        8,500                             102,144           -      (340,490)              (229,846)

Net Loss                                                                                           (36,509)               (36,509)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balances
December 31, 2001     8,500,000        8,500                             102,144           -      (376,999)              (266,355)

Net loss                                                                                           (65,167)               (65,167)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balances
December 31, 2002     8,500,000        8,500                             102,144           -       (442,166)              (331,522)
                                                                                                                               -
Issuance of common
 stock                   20,000           20                              19,980                                           20,000
                                                                                                                               -
Net loss for year                                                                                  (58,935)               (58,935)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balances
December 31, 2003     8,520,000        8,520                             122,124           -      (501,101)              (370,457)

Stock issued for
Debt                    274,375          274                             548,201                                          548,475
Stock Issued for
services              1,722,785        1,723                             496,377                                          498,100
Stock Issued for
purchae of Rocket
Technologies, Inc.    8,000,000        8,000                           3,582,800                                        3,590,800
Common stock issued
 for cash             2,786,116        2,786                           1,114,351                                        1,117,137
 for Cash             1,000,000        1,000                             674,000                                          675,000
Capital contributed                                                                   157,099                             157,099
Common Stock Subscribed                             90,666   136,000                                                      136,000
Net (Loss) for year                                                                              (2,229,858)           (2,229,858)
                    ------------    ----------  ----------  --------   ---------   ----------    ----------   ---------- ---------
Balances
December 31, 2004    22,303,276        22,303       90,666   136,000   6,537,853      157,099    (2,730,959)            4,122,296
                    ============    ==========  ==========  ========   =========   ==========    ==========   ========== ========
Subscription shares
 issued                  90,666            91      (90,666) (136,000)    135,909                                                -

Stock issued for
services              3,091,334         3,091                          1,297,476                                        1,300,567

Stock issued for cash 4,376,765         4,377                            819,375                                          823,752

Stock issued pursuant
 to private placement 7,545,000         7,545                          1,176,208                                        1,183,753
Stock issue cost                                                      (1,183,753)                                      (1,183,753)

Capital contributed                                                                     7,776                               7,776

Common stock subscribed                                 -         -                                                             -

Net (loss) for
  the period                                                                                     (2,333,113)           (2,333,113)
                   ------------    ----------  ----------  --------   ----------    ----------   -----------  --------  ---------
Balances
December 31, 2005    37,407,041        37,407           -         -    8,783,068      164,875    (5,064,072)            3,921,278
                   ============    ==========  ==========  ========   ==========    ==========   ===========  ======== ==========


Common stock subscribed                                 -         -                                                             -

Stock issued for
services                620,000           620                             98,980                                           99,600

Stock issued pursuant
 to private placement 8,075,802         8,076                            846,869                                          854,945

Capital contributed                                                                   893,750                             893,750

Net (loss) for
  the period                                                                                     (2,164,946)           (2,164,946)
                   ------------    ----------  ----------  --------   ----------    ----------   -----------  --------  ---------
Balances
December 31, 2006    46,102,843        46,103           -         -    9,728,917     1,058,625   (7,229,018)            3,604,627
                   ============    ==========  ==========  ========   ==========    ==========   ===========  ======== ==========
</table>



     The accompanying notes are an integral part of these financial statements

<page>


                        ROCKETINFO, INC. AND SUBSIDIARY
                            STATEMENTS OF CASH FLOWS

                           DECEMBER 31, 2006 AND 2005
<table>
<caption>
                                                                                     2006                    2005
                                                                                ------------             ------------

                                                                             <c>                    <c>
Cash flows from operating activities:
      Net income (loss)                                                         $  (2,164,946)         $    (2,333,113)
      Adjustments to reconcile net loss to net cash used in
          operating activities:
              Depreciation                                                             14,075                   11,429
              Stock for Services                                                       99,600                1,300,567
              Stock based compensation                                                893,750                        -
              Gain on debt settlement                                                 (88,722)                       -
              Changes in operating assets and liabilities:
                  Accounts receivable                                                  18,319                  (19,321)
                  Prepaid expenses                                                    (14,474)                       -
                  Security deposit                                                    (11,898)                       -
                  Accounts payable and accrued liabilities                            321,736                  126,394
                  Deferred revenues                                                   (11,511)                  11,511
                                                                                -------------          ---------------
                       Net cash provided (used) in operating activities              (944,071)                (902,533)
                                                                                -------------          ---------------
Cash flows from investing activities:
      Purchase of equipment                                                           (50,339)                 (27,632)
                                                                                --------------         ---------------
                       Net cash provided (used) by investing activities               (50,339)                 (27,632)
                                                                                -------------          ---------------
Cash flows from financing activities:
      Loans payable                                                                   122,737                   20,000
      Related parties                                                                       -                  (50,000)
      Proceeds from issuance of common stock, net                                     854,945                  823,752
      Common stock subscriptions                                                            -                        -
      Contributed capital                                                                   -                    7,776
                                                                                -------------          ---------------
                        Net cash provided (used) by financing activities              977,682                  801,528
                                                                                -------------          ---------------
                        Net increase (decrease) in cash                               (16,728)                (128,637)

Cash at beginning of period                                                            18,345                  146,982
                                                                                -------------          ---------------
Cash at end of period                                                           $       1,617           $       18,345
                                                                                ==============         ===============

Supplemental information
      Taxes                                                                     $           -           $            -
                                                                                =============           ==============
      Interest                                                                              -                        -
                                                                                =============           ==============

</table>



     The accompanying notes are an integral part of these financial statements

<page>



                         ROCKETINFO INC. AND SUBSIDIARY

                        Notes to the Financial Statements
                                December 31, 2006

  NOTE 1.  ORGANIZATION AND ACCOUNTING POLICIES

  (a) Corporate Organization

  Rocketinfo  Inc., a Delaware  corporation  (the "Company") was formed on
  October 2, 1998 to focus on the  development of digital  microwave  products,
  including an ultra-high  bandwidth  digital microwave radio.

  On October 9, 2002, a change in control of the Company occurred as the selling
  shareholders sold 8,000,000 shares of the Company's  outstanding  common stock
  for cash of $8,000, which constituted a majority ownership of the Company. The
  new shareholders became involved because of their expertise in the oil and gas
  business and ability to seek funding to acquire oil and gas properties.

  The Company  gave  additional  consideration  for the purchase as each selling
  shareholder  received a two-year  option for 100,000  shares of common  stock.
  These options were exercisable only in the second year at $3.00 per share (see
  Note5).

  The sale of shares by the selling shareholders was initiated as a result of an
  exhaustive review by the Company's Board of Directors and subsequent  decision
  to focus its resources and management efforts on pursuing opportunities in the
  oil and gas  industry.  In  keeping  with  this  strategy,  then the  Board of
  Directors  authorized a change in the Company's  name from Zeppelin  Software,
  Inc. to Zeppelin Energy Inc.

  The Company  intended to attempt to acquire oil and gas properties,  primarily
  "proved  producing  and proved  undeveloped  reserves"  in the United  States,
  Canada, and other foreign oil producing  countries,  especially South America.
  Domestically,  the Company was to also explore low-risk  development  drilling
  and work-over opportunities with experienced operators.

  The  Company  also  hoped  to build  long-term  relationships  with  strategic
  partners and institutional investors and capture a significant position in the
  oil  and  gas  industry  in  hopes  of  offering  meaningful  returns  to  its
  shareholders.

  The Company's attempt to finance oil and gas operations  through a combination
  of  privately  placed  debt and/or  equity  proved to be  unsuccessful  so the
  Company moved into another field of  enterprise by the  acquisition  of Rocket
  Technologies  Inc., a Canadian  corporation,  that  developed  data mining and
  search engine software and applications.  The financial statements include the
  accounts of the Company and its wholly owned subsidiary,  Rocket  Technologies
  Inc  on  a  consolidated  basis  and  all  inter-company  accounts  have  been
  eliminated.

  (b) Basic Loss Per Share

  Basic   loss  per  share  is   calculated   by   dividing   net  loss  by  the
  weighted-average number of common shares outstanding during each period.

  (c) Income Taxes

  The Company  follows the asset and liability  method of accounting  for income
  taxes.  Deferred tax assets and  liabilities  are recognized for the estimated
  future tax  consequences  attributable  to  differences  between the financial
  statements  carrying  amounts of  existing  assets and  liabilities  and their
  respective tax bases.  Deferred tax assets and  liabilities are measured using
  enacted tax rates  expected  to apply to taxable  income in the years in which
  those temporary differences are expected to be recovered or settled.

<page>

  The effect on deferred tax assets and  liabilities of a change in tax rates is
  recognized as income in the period that included the enactment date.  Deferred
  tax  assets  resulting   principally  from  operating  losses  have  not  been
  recognized. The utilization of such net operating loss may be severely limited
  due to past and future changes in control, including stock issuances.

  (d) Goodwill

  Goodwill  represents the excess cost of a business  acquisition  over the fair
  value of the net assets  acquired.  In accordance  with Statement of Financial
  Accounting  Standards No. 142, Goodwill and Other Intangible Assets (Statement
  142),  indefinite-life  identifiable  intangible  assets and  goodwill are not
  amortized.  Under the  provisions of Statement 142, we are required to perform
  an annual (or under certain  circumstances  more frequent)  impairment test of
  our goodwill.  Goodwill impairment is determined using a two-step process. The
  first  step of the  goodwill  impairment  test is used to  identify  potential
  impairment by comparing the fair value of a reporting unit, which we define as
  our business  segments,  with its net book value or carrying amount  including
  goodwill.  If the fair value of a reporting unit exceeds its carrying  amount,
  goodwill of the reporting  unit is considered not impaired and the second step
  of the impairment test is  unnecessary.  If the carrying amount of a reporting
  unit exceeds its fair value,  the second step of the goodwill  impairment test
  compares  the implied fair value of the  reporting  unit's  goodwill  with the
  carrying  amount of that  goodwill.  If the carrying  amount of the  reporting
  unit's goodwill exceeds the implied fair value of that goodwill, an impairment
  loss is recognized  in an amount equal to that excess.  The implied fair value
  of  goodwill  is  determined  in the same  manner as the  amount  of  goodwill
  recognized in a business combination.  The fair value of the reporting unit is
  allocated  to all of the assets and  liabilities  of that unit  including  any
  unrecognized intangible assets as if the reporting unit had been acquired in a
  business combination and the fair value of the reporting unit was the purchase
  price paid to acquire the reporting  unit. See Note 5, Purchase of Subsidiary,
  for additional information regarding goodwill.

  (e) Estimates

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

  (f) Fair Value of Financial Instruments

  Fair  value  estimates   discussed   herein  are  based  upon  certain  market
  assumptions and pertinent information available to management.  The respective
  carrying value of certain on-balance-sheet  financial instruments approximated
  their fair values.  These financial  instruments  included,  accounts payable,
  loan  payable,  and other  current  liabilities.  Fair values were  assumed to
  approximate  carrying  values for these financial  instruments  since they are
  short-term in nature or they are receivable or payable on demand.

  (g) Nonqualified Stock Option Plan

  The  Company  accounts  for stock  options in  accordance  with  Statement  of
  Financial   Accounting   Standards  No.  123,   Accounting   for   Stock-Based
  Compensation  ("SFAS123").Under  SFAS 123,  the  recognition  of  compensation
  expense is measured at the grant date based on the fair value of options. Such
  cost is  recognized  over the  service  period.  The  Company  has adopted the
  disclosure-only  provisions of Statement of Financial Accounting Standards No.
  123, Accounting for Stock-Based Compensation, ("SFAS 123").

  (h) Recent Accounting Pronouncements

  In December 2004, the FASB issued SFAS No. 153,  "Exchanges of Non-monetary
  Assets -An Amendment of APB Opinion No.  29".  The  guidance  in APB  Opinion
  No. 29,  "Accounting  for  Non-monetary Transactions",  is based on the
  principle  that  exchanges  of  non-monetary  assets should  be measured based
  on the fair value of the assets exchanged.

  The guidance in that Opinion,  however,  included  certain  exceptions to that
  principle.  SFAS No. 153 amends  Opinion No. 29 to eliminate the exception for
  non-monetary  exchanges  of similar  productive  assets and replaces it with a
  general  exception  for  exchanges  of  non-monetary  assets  that do not have
  commercial substance.  A non-monetary exchange has commercial substance if the
  future  cash flows of the entity are  expected  to change  significantly  as a
  result of the exchange.

<page>

  The provisions of SFAS No. 153 are effective for non-monetary  asset exchanges
  occurring in fiscal periods  beginning after June 15, 2005. Early  application
  is permitted and companies must apply the standard prospectively. The adoption
  of this  standard is not  expected to have  material  effecton  the  Company's
  results of operations or financial position.

  In December 2004, the FASB issued SFAS No. 123R,  "Share Based Payment".  SFAS
  123R is a revision of SFAS No. 123 "Accounting for Stock-Based  Compensation",
  and supersedes APB Opinion No. 25,  "Accounting for Stock Issued to Employees"
  and its related implementation  guidance.  SFAS 123R establishes standards for
  the  accounting  for  transactions  in which an entity  exchanges  its  equity
  instruments for goods or services.

  It also  addresses  transactions  in which an  entity  incurs  liabilities  in
  exchange  for  goods  or  services  that are  based  on the fair  value of the
  entity's  equity  instruments  or that may be settled by the issuance of those
  equity instruments. SFAS 123R focuses primarily on accounting for transactions
  in  which  an  entity  obtains  employee   services  in  share-based   payment
  transactions.

  SFAS 123R does not change the  accounting  guidance  for  share-based  payment
  transactions  with  parties  other  than  employees  provided  in SFAS  123 as
  originally issued and EITF Issue No. 96-18, "Accounting for Equity Instruments
  That Are Issued to Other Than Employees for Acquiring,  or in Conjunction with
  Selling,  Goods or Services".  SFAS 123R does not address the  accounting  for
  employee  share  ownership  plans,  which are  subject to AICPA  Statement  of
  Position 93-6,"Employers' Accounting for Employee Stock Ownership Plans".

  SFAS 123R  requires a public  entity to measure the cost of employee  services
  received  in  exchange  for  an  award  of  equity  instruments  based  on the
  grant-date fair value of the award (with limited  exceptions).  That cost will
  be recognized  over the period during which an employee is required to provide
  service in exchange for the award - the requisite  service period (usually the
  vesting  period).  SFAS 123R requires that the  compensation  cost relating to
  share-based payment transactions be recognized in financial statements.

  That cost will be measured  based on the fair value of the equity or liability
  instruments  issued.  The  scope  of  SFAS  123R  includes  a  wide  range  of
  share-based  compensation  arrangements  including  share options,  restricted
  share plans, performance-based awards, share appreciation rights, and employee
  share purchase plans.

  Public  entities  (other than those filing as small business  issuers) will be
  required to apply SFAS 123R as of the first interim or annual reporting period
  that begins after June 15, 2005.  Public  entities that file as small business
  issuers  will be  required  to apply SFAS 123R in the first  interim or annual
  reporting period that begins after December 15, 2005.  Management is currently
  evaluating  the impact,  which the adoption of this  standard will have on the
  Company's results of operations or financial position.

  The interpretations in this staff accounting bulletin ("SAB") express views of
  the staff regarding the interaction between Statement of Financial  Accounting
  Standards  Statement No. 123 (revised 2004),  Share-Based  Payment ("Statement
  123R" or the  "Statement")  and certain  Securities  and  Exchange  Commission
  ("SEC")  rules and  regulations  and provide the staff's  views  regarding the
  valuation of share- based payment arrangements for public companies

  In  particular,  this SAB provides  guidance  related to  share-based  payment
  transactions  with  non-employees,  the  transition  from  nonpublic to public
  entity  status,  valuation  methods  (including  assumptions  such as expected
  volatility and expected term), the accounting for certain redeemable financial
  instruments issued under share-based payment arrangements,  the classification
  of compensation expense,  non-GAAP financial measures,  first-time adoption of
  Statement  123R in an interim  period,  capitalization  of  Compensation  cost
  related to  share-based  payment  arrangements,  the accounting for income tax
  effects of share-based  payment  arrangements upon adoption of Statement 123R,
  the modification of employee share options prior to adoption of Statement 123R
  and disclosures in Management's Discussion and Analysis ("MD&A") subsequent to
  adoption of Statement  123R.  Management is currently  evaluating  the impact,
  which the  adoption of this  standard  will have on the  Company's  results of
  operations or financial position

  In  May  2005,  the  FASB  issued  SFAS  154,  Accounting  Changes  and  Error
  Corrections.  This Statement replaces APB Opinion No. 20, Accounting  Changes,
  and SFAS No. 3, Reporting Accounting Changes in Interim Financial  Statements,
  and changes the  requirements for the accounting for and reporting of a change
  in accounting  principle.  This Statement  applies to all voluntary changes in
  accounting principle.  The Company believes this Statement will have no impact
  on the financial statements of the Company.

  In March 2005, the FASB issued FASB  Interpretation  No. 47,  "Accounting  for
  Conditional Asset Retirement Obligations,  an interpretation of FASB Statement
  No. 143" (FIN 47). Asset retirement  obligations  (AROs) are legal obligations
  associated  with the  retirement  of  long-lived  assets  that result from the
  acquisition, construction, development and/or normal operation of a long-lived
  asset, except for certain obligations of lessees.

  FIN 47 clarifies that liabilities associated with asset retirement obligations
  whose timing or settlement  method are  conditional on future events should be
  recorded at fair value as soon as fair value is reasonably  estimable.  FIN 47
  also provides guidance on the information  required to reasonably estimate the
  fair value of the liability.

  FIN 47 is intended to result in more  consistent  recognition  of  liabilities
  relating to AROs among companies,  more information about expected future cash
  outflows associated with those obligations stemming from the retirement of the
  asset(s) and more information  about  investments in long-lived assets because
  additional  asset  retirement  costs  will be  recognized  by  increasing  the
  carrying amounts of the assets  identified to be retired.  FIN 47 is effective
  for fiscal  years ending after  December  15,  2005.  Management  is currently
  evaluating  the impact,  which the adoption of this  standard will have on the
  Company's financial statements.

  In November  2005,  FASB issued FSP FAS 115-1 and FAS 124-1,  "The  Meaning of
  Other-  Than-Temporary  Impairment and Its Application to Certain Investments"
  ("FSP FAS 115-1"),  which provides guidance on determining when investments in
  certain  debt and equity  securities  are  considered  impaired,  whether that
  impairment is other-than-temporary, and on measuring such impairment loss. FSP
  FAS  115-1  also  includes   accounting   considerations   subsequent  to  the
  recognition  of  another-than   temporary   impairment  and  requires  certain
  disclosures   about  unrealized  losses  that  have  not  been  recognized  as
  other-than-temporary impairments.

  FSP FAS 115-1 is required to be applied to reporting  periods  beginning after
  December  15,  2005.  The  Company is  required  to adopt FSP FAS 115-1 in the
  second quarter of fiscal 2006. Management does not expect the adoption of this
  statement  will  have a  material  impact  on our  results  of  operations  or
  financial condition.  Management is currently evaluating the impact, which the
  adoption of this standard will have on the Company's financial statements.

  In February 2006, the FASB issued SFAS No. 155, "Accounting for Certain Hybrid
  Financial  Instruments-an  amendment of FASB  Statements  No. 133 and 140", to
  simplify  and make  more  consistent  the  accounting  for  certain  financial
  instruments.  SFAS No. 155 amends SFAS No.  133,  "Accounting  for  Derivative
  Instruments and Hedging  Activities";  to permit fair value  remeasurement for
  any hybrid  financial  instrument  with an embedded  derivative that otherwise
  would require bifurcation, provided that the whole instrument is accounted for

<page>

  on a fair value basis.  SFAS No. 155 amends SFAS No. 140,  "Accounting for the
  Impairment  or  Disposal  of  Long-Lived   Assets",   to  allow  a  qualifying
  special-purpose entity to hold a derivative financial instrument that pertains
  to a beneficial interest other than another derivative  financial  instrument.
  SFAS No. 155 applies to all financial instruments acquired or issued after the
  beginning of an entity's  first fiscal year that begins  after  September  15,
  2006, with earlier application allowed.  This standard is not expected to have
  a significant  effect on the Company's future reported  financial  position or
  results of operations.

  In March 2006,  the FASB issued SFAS No. 156,  "Accounting  for  Servicing  of
  Financial  Assets,  an amendment of FASB  Statement  No. 140,  Accounting  for
  Transfers  and   Servicing  of  Financial   Assets  and   Extinguishments   of
  Liabilities".  This  statement  requires all separately  recognized  servicing
  assets and  servicing  liabilities  be  initially  measured at fair value,  if
  practicable,  and permits for subsequent  measurement  using either fair value
  measurement   with  changes  in  fair  value  reflected  in  earnings  or  the
  amortization and impairment requirements of Statement No. 140.

  The  subsequent  measurement  of separately  recognized  servicing  assets and
  servicing liabilities at fair value eliminates the necessity for entities that
  manage the risks inherent in servicing  assets and servicing  liabilities with
  derivatives  to qualify for hedge  accounting  treatment  and  eliminates  the
  characterization   of  declines  in  fair  value  as   impairments  or  direct
  write-downs.  SFAS No. 156 is  effective  for an  entity's  first  fiscal year
  beginning  after  September 15, 2006.  Management is currently  evaluating the
  impact,  which  the  adoption  of this  standard  will  have on the  Company's
  financial statements.

  In June 2006, the FASB issued FASB  Interpretation  Number 48, "Accounting for
  Uncertainty  in Income Taxes - an  interpretation  of FASB Statement No. 109."
  This  Interpretation  clarifies the accounting for uncertainty in income taxes
  recognized in an  enterprise's  financial  statements in accordance  with FASB
  Statement  No. 109,  "Accounting  for Income  Taxes." This  Interpretation  is
  effective for fiscal years  beginning  after December 15, 2006. The company is
  currently  assessing  the  effect  of  this  Interpretation  on its  financial
  statements.

  In September 2006, the FASB issued SFAS No. 157, "Fair Value  Measures".  This
  Statement defines fair value, establishes a framework for measuring fair value
  in generally accepted accounting principles (GAAP),  expands disclosures about
  fair value  measurements,  and applies under other  accounting  pronouncements
  that require or permit fair value measurements.  SFAS No. 157 does not require
  any new fair value measurements.  However,  the FASB anticipates that for some
  entities,  the application of SFAS No. 157 will change current practice.  SFAS
  No.  157 is  effective  for  financial  statements  issued  for  fiscal  years
  beginning  after November 15, 2007,  which for the Company would be the fiscal
  year  beginning  February 1, 2008.  The Company is  currently  evaluating  the
  impact of SFAS No. 157 but does not expect that it will have a material impact
  on its financial statements.

  In September  2006, the FASB issued SFAS No. 158,  "Employers'  Accounting for
  Defined  Benefit  Pension  and Other  Postretirement  Plans."  This  Statement
  requires an employer to recognize  the over funded or under funded status of a
  defined benefit post  retirement plan (other than a multiemployer  plan) as an
  asset or liability in its  statement of financial  position,  and to recognize
  changes in that funded  status in the year in which the changes  occur through
  comprehensive  income. SFAS No. 158 is effective for fiscal years ending after
  December 15, 2006 which for the Company would be February 1, 2007. The Company
  does not expect that the implementation of SFAS No. 158 will have any material
  impact on its financial position and results of operations.

  In September 2006, the SEC issued Staff  Accounting  Bulletin ("SAB") No. 108,
  "Considering  the  Effects  of  Prior  Year   Misstatements  when  Quantifying
  Misstatements in Current Year Financial Statements." SAB No. 108 addresses how
  the effects of prior year uncorrected  misstatements should be considered when
  quantifying  misstatements in current year financial  statements.  SAB No. 108
  requires companies to quantify  misstatements using a balance sheet and income
  statement  approach  and  to  evaluate  whether  either  approach  results  in
  quantifying  an error that is material in light of relevant  quantitative  and
  qualitative  factors.  SAB No.  108 is  effective  for  periods  ending  after
  November 15, 2006 which for the Company would be February 1, 2007. The Company
  is currently evaluating the impact of adopting SAB No. 108 but does not expect
  that it will have a material effect on its financial statements.

  (i)  Reclassifications.  Certain prior year balances have been reclassified to
  conform  with  the  current  year  financial  statement  presentation.   Those
  reclassifications  had no impact on previously  reported results of operations
  or stockholders' deficit.

<page>

  (j) Depreciation. For the years ended December 31, 2006 and 2005, depreciation
  expense amounted to $14,075 and $11,429 respectively.

  (k) Accounts Receivable summary is listed below:

                                            12/31/06 12/31/05

  Gross Amount                              $ 39,070       $57,389
  Allowance for Doubtful Accounts                --            --
                                       -------------  ------------
  Accounts Receivable net                   $ 39,070       $57,389
                                            ========       =======

  (l) Deferred  revenues.  Amounts for the services  billed in advance are
  deferred and  recognized on a monthly basis corresponding with the reporting
  period.

  NOTE 2.  STOCKHOLDERS' EQUITY

  Prior to 2003 The Company issued 8,000,000 shares of common stock at a
  subscription price of $.001 per share to the  founders of the Company  during
  fiscal years 1999 and 1998. The Company issued 500,000 shares of common stock
  for cash during fiscal year 1999,  through a Confidential  Offering  Circular
  pursuant to Rule 504 of Regulation D of the Securities Act of 1933.

  Year 2003
  During fiscal year 2003 the Company  issued an additional  20,000 shares at $1
  per share.

  Year 2004
  During the year 2004, the Company issued 2,786,116 shares of restricted common
  stock for cash  proceeds  in the amount of  $1,117,137.  Further,  the Company
  issued  1,000,000  shares of restricted  common stock for cash proceeds in the
  amount of $675,000. The Company resolved debt in the amount of $548,475 by the
  issuance of 274,375  shares of  restricted  common  stock and made payment for
  services  in the  amount of  $498,100  by issuing  1,722,785  shares of common
  stock.  In  connection  with this last matter of shares for  services,  an S-8
  Filing was made in connection  with shares issued for services  having a value
  of $473,100 at the time of issuance.

  The Company issued 8,000,000 shares of restricted  common stock in conjunction
  with the purchase of Rocket  Technologies,  Inc. See associated  note for more
  details on this purchase.

  From September 6, 2004 through December 2004 the Company sold units. Each unit
  consisted  of one share of  restricted  common  stock and one  warrant  to buy
  another  share of stock.  The summary of these  warrants is shown in the chart
  below.

             Date              Number           Price             Expiry
            9/22/04           650,000           $0.75             12/1/06
           10/18/04           100,000           $1.00             12/1/05
           11/18/04            75,000           $1.50             12/1/05
           12/07/04           175,000           $1.50             12/1/05

  During December 2004 the Company received  subscription  funds of $136,000 for
  90,666 shares of the Company's  common stock.  These shares were issued during
  the year ended December 31, 2005.

  Year 2005
  During the year ended December 31, 2005 the Company issued 4,376,765 shares of
  restricted  common  stock for  proceeds of  $823,752.  In addition the Company
  issued  90,666 of the  Company's  common  stock in  relation  to the  $136,000
  subscription  funds  received  during the year ended  December 31,  2004.  The

<page>

  Company  also issued  7,545,000  shares of  restricted  common stock valued at
  $1,183,753  pursuant to the  purchase  price  guarantee  clause of the private
  placement  agreement  of 2004.  During the year the Company  issued  3,091,334
  shares of the Company's common stock valued at $1,300,567 for services.

  Year 2006
  During the year ended December 31, 2006, the Company issued  3,300,000  shares
  of restricted  common stock valued at $547,800  pursuant to the purchase price
  guarantee clause of the private  placement  agreement of 2004. During the year
  the Company  issued  620,000  shares of the  Company's  common stock valued at
  $99,600 for services, 2,004,302 shares at $0.15 per share and 2,771,500 shares
  at $0.20 per share pursuant to private placements.

  Stock Option Plan

  The Company has a  nonqualified  stock  option plan (the  "Plan")  pursuant to
  which up to  8,500,000  shares of its common stock can be set aside to provide
  certain executives,  directors,  and other employees or consultants the option
  to purchase shares of the Company's common stock. The stock options  typically
  vest as to one-third of the  optionee's  holdings on the first  anniversary of
  the  agreement  and  one-third  in equal annual  increments  over the 24 month
  period following the first anniversary.  As provided by the Plan, the Board of
  Directors  may waive  the  vesting  provision  in whole or in part at any time
  based  on such  factors  as the  Board  of  Directors  determines  at its sole
  discretion.

  The stock  options  expire  2, 5, and 10 years  from the date of grant or upon
  termination of employment,  retirement,  or death. As of December 31, 2003 and
  2002, 925,000 and 1,325,000 stock options, respectively, were outstanding with
  a  weighted-average  exercise  price of $2.30  and  $1.91,  respectively,  and
  weighted-average   remaining   contractual  lives  of  2.06  and  3.31  years,
  respectively.  As of  December  31, 2003 and 2002,  625,000 and 229,383  stock
  options,  respectively,  were exercisable at a weighted average exercise price
  of $1.00. During the year ended December 31, 2002, 400,000  nonqualified stock
  options were forfeited upon the resignation of a Company executive.

  The Company granted an additional  400,000  nonqualified stock options with an
  exercise  price of $2.00 to other  directors  and  officers  during  2002.  No
  options were exercised or expired during 2002.  During the year ended December
  31, 2003, an additional 400,000 nonqualified stock options were forfeited upon
  the resignation of a Company executive. No options were granted, exercised, or
  expired  during 2003.  During the year ended  December 31, 2004, an additional
  425,000  nonqualified  stock options were forfeited upon the  termination  and
  resignation  of Company  executives.  No options were granted,  exercised,  or
  expired during the year ended December 31, 2004.

  As of December 31, 2005,  1,025,000  stock  options  were  outstanding  with a
  weighted-average  exercise  price  of  $2.07  and  weighted-average  remaining
  contractual live of 1.68. As of December 31, 2005,  875,000 stock options were
  exercisable at a weighted average exercise price of $2.09.


  As of December 31, 2006,  5,075,000  stock  options  were  outstanding  with a
  weighted-average  exercise  price  of  $0.20  and  weighted-average  remaining
  contractual lives of 4.34years.

  Stock Based Compensation

  On June 22, 2006, the Company  granted  incentive  stock options to directors,
  officers and consultants to acquire up to 8,475,000 common shares at $0.20 per
  share for a period of five  years.  The fair  value of the these  options  was
  estimated at the date of grant using the  Black-Scholes  option  pricing model
  with the following  weighted-average  assumptions:  dividend yield of 0%; risk
  free interest rate of 5.18%,  expected  volatility of 194%, an expected option
  life of 5 years and no expected  dividends.  The weighted  average  grant date
  fair value of  options  granted  during  the  period was $0.20 per share.  The
  Company recognized stock-based  compensation of $893,750 during the year ended
  December 31, 2006.

<page>

  During the year ended December 31, 2006, the Company cancelled 1,450,000 share
  purchase  options  granted to a director of the Company in the second  quarter
  due to departure of this director from the board of directors of the company.

  The Company  granted share purchase  options to its new Chairman to acquire up
  to 2, 000, 0000 common shares at $0.20 per share for a period ending  December
  31, 2009 and  1,600,000  share  purchase  warrants  allowing  the  Chairman to
  acquire  1,600,000 common shares at a price of $0.10 per share for a period of
  two years  from the  signing of his  original  consulting  agreement  with the
  Company. In the fourth quarter, the Company cancelled 2,000,000 share purchase
  options granted to the Chairman and a director of the Company due to departure
  of this director from the board of directors of the Company.

  The Company also granted  share  purchase  options to its new Chief  Executive
  Officer  to  acquire up to  3,000,000  common  shares at $0.20 per share for a
  period ending December 31, 2009 and 1,600,000 share purchase warrants allowing
  the Chief Executive  Officer to acquire  1,600,000 common shares at a price of
  $0.10 per share for a period of two years  from the  signing  of his  original
  consulting  agreement  with the Company.  In the fourth  quarter,  the Company
  cancelled  3,000,000  share purchase  options  granted to the Chief  Executive
  Officer and a director of the Company due to departure of this  director  from
  the board of directors of the Company.

  NOTE 3.  LOAN PAYABLE

  As of December 31, 2006, the loan payable balance comprised of:

  a) $142,947 loan on interest free basis payable on demand.

  This loan was made to the Company by a company with a common director.

  NOTE 4. RELATED PARTY TRANSACTIONS - NOTE 6

  a) During the year ended  December  31,  2005,  the company  issued  1,500,000
  shares of the Company's restricted common stock at $0.15 per share to a former
  director and officer.  Subsequent to December 31, 2005, further 500,000 shares
  were issued to the former director and officer of the Company.  Both blocks of
  stock  were  delivered  subsequent  to the  year end  upon  conclusion  of the
  renegotiation of his contract.

  At December  31, 2005,  accounts  payable  includes  $20,911 due to the former
  director for expenses incurred on behalf of the company.

  b) During the year ended  December 31, 2005, the company issued 250,000 shares
  the Company's  restricted common stock at $1.00 per share to a director of the
  Company.

  c) During the year ended  December  31,  2005,  the  company  paid  $54,141 in
  salaries to a former officer of the company.

  d) During the year ended  December 31, 2006, the company issued 500,000 shares
  of the Company's  restricted  common stock at $0.15 per share to a director of
  the Company for services and paid $76,189 for consulting to the same director.

  e) During the year ended  December  31,  2006,  the company  paid  $30,500 for
  consulting services to a company controlled by a director of the company.

  f) During the year ended  December  31,  2006,  the company  paid  $76,500 for
  consulting services to the former President of the company.

  g) During the year ended  December 31,  2006,  the company  granted  incentive
  stock  options  to  directors  and  officers  of the  company to acquire up to
  11,075,000 common shares at $0.20 per share for a period of five years.

  h) During the year ended  December 31, 2006, the company issued 635,119 shares
  the Company's common stock at $0.15 per share to a director of the Company.

<page>

  NOTE 5.  PURCHASE OF SUBSIDIARY

  During the last  quarter of 2004 the  Company  purchased  100% of its  current
  subsidiary, Rocket Technologies,  Inc. The subsidiary was purchased to acquire
  software technology and client contracts. This value has been reflected in the
  goodwill on the balance sheet. As at December 31, 2006, the carrying amount of
  the goodwill was $3,975,003 (2005: $3,975,003).

   Goodwill-Asset Impairment
  Pursuant to a series of share acquisition  agreements dated August 3, 2004 and
  effective  October 1st,  2004,  the Company  acquired  all of the  outstanding
  shares of Rocket  Technologies  Inc.  ("Rocket  Technologies") in exchange for
  Eight  Million  (8,000,000)  shares of the Company's  common  stock,  and cash
  payments in the amount of Four  Hundred  Thousand  Dollars  ($400,000)  to the
  shareholders  of  Rocket  Technologies.  As a result of the  acquisition,  the
  Company  carries  goodwill as an asset on its balance sheet as at December 31,
  2006 in the amount of $3,975,000.  The Company assesses the  recoverability of
  the fair value of the goodwill at least annually.  If it is determined that an
  impairment  exists the  Company  will  record a reserve  for the amount of the
  decrease in the value.
  In determining the factors relevant to the value of Goodwill and other assets,
  the Company  assesses the present  value of estimated  future cash flows.  The
  Company  believes  that the fair value of the Goodwill  asset has not declined
  and accordingly has not recorded a reserve as of December 31, 2006.
  The  terms  of the  purchase  were  $400,000  cash  and  8,000,000  shares  of
  restricted  common  stock.  The stock was valued at the current  market prices
  discounted  for  restriction  and  control,  ($1.488 less 1.030 =.45 per share
  value) for a total stock value of  $3,600,000.  The total  purchase  price was
  $4,000,000. Below is a condensed balance sheet of Rocket Technologies, Inc. at
  the time of purchase, October 1, 2004.

                Cash                                          $  1,510
                Other Current Assets                          $  1,265
                Fixed Assets                                   $31,422
                Goodwill                                    $3,975,003
                Current Liabilities                           ($9,200)


  During the year ended  December  31,  2006,  the  Company  paid the balance of
  $50,000 due on acquisition of the subsidiary.


  NOTE 6 : GOING CONCERN

  The Company's  financial  statements  are prepared  using  generally  accepted
  accounting  principles in the United  States of America  applicable to a going
  concern  which  contemplates  the  realization  of assets and  liquidation  of
  liabilities  in the  normal  course  of  business.  The  Company  has  not yet
  established  an ongoing  source of revenues  sufficient to cover its operating
  costs and allow it to continue as a going concern.  The ability of the Company
  to continue as a going concern is dependent on the Company obtaining  adequate
  capital to fund operating losses until it becomes  profitable.  If the Company
  is unable to obtain adequate capital, it could be forced to cease operations.

<page>

  In order to continue as a going  concern,  the Company will need,  among other
  things,  additional  capital  resources.  Management's  plans to  obtain  such
  resources for the Company  include (1) obtaining  capital from  management and
  significant  shareholders  sufficient to meet its minimal operating  expenses,
  and (2)  seeking  out and  completing  a  merger  with an  existing  operating
  company.  However,  management  cannot provide any assurances that the Company
  will be successful in accomplishing any of its plans.

  The ability of the Company to continue as a going  concern is  dependent  upon
  its ability to  successfully  accomplish the plans  described in the preceding
  paragraph  and  eventually  secure  other  sources  of  financing  and  attain
  profitable  operations.  The accompanying  financial statements do not include
  any  adjustments  that might be necessary if the Company is unable to continue
  as a going concern.













<page>

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE

There have been no changes in or disagreements with accountants on accounting or
financial disclosure matters during the periods covered by this Annual Report on
Form 10-K.

Registrant  has appointed  Moore and  Associates,  Chartered of 2675 South Jones
Blvd., Suite 109, Las Vegas Nevada 89146 ("Moore"), as Registrant's  independent
accountant for the fiscal year ending  December 31, 2006. The decision to accept
the  engagement  of Moore was  approved by the Audit  Committee  of the Board of
Directors  on November 9, 2005.  Moore will be  performing  the annual  audit of
Registrant's  financial  statements for the year ending December 31, 2006. Moore
was engaged by Registrant on November 10, 2005.

ITEM 8A. CONTROLS AND PROCEDURES.

Our principal  executive  officer and principal  financial officer evaluated the
effectiveness of the Company's disclosure controls and procedures (as defined in
Rules  13a-15(e) and  15d-15(c)  under the  Securities  Exchange Act of 1934, as
amended)  as of the end of the  period  covered  by this  report.  Based on this
evaluation,  the Company's  principal  executive officer and principal financial
officer have concluded that the Company's  controls and procedures are effective
in providing  reasonable assurance that the information required to be disclosed
in this report has been recorded,  processed,  summarized and reported as of the
end of the period covered by this report.

During the period  covered by this report,  there have not been any  significant
changes in our internal  controls or, to our  knowledge,  in other  factors that
could significantly affect our internal controls.

PART III.

ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE
WITH SECTION 16(A) OF THE EXCHANGE ACT.

The Board of Directors is comprised of only one class. There are no arrangements
or understandings pursuant to which any person has been elected as a director or
executive  officer  of  the  Company.  Directors  are  elected  annually  by the
stockholders  and hold office until the next annual meeting of stockholders  and
until their respective successors are elected and qualified.  Executive officers
are appointed by the board of directors  and hold office until their  respective
successors are appointed. There is no family relationship among any directors or
executive officers of the Company.

The following table sets forth information  concerning each of the directors and
executive officers of the Company:

Names                      Age   Position
------                     ---   -------------------------------------

Bill Ganz                  45    President
                                 From December 06 to Present

Darren DeJean              36    Director of Business Development
                                 From August 2004 until his resignation on
                                 February 22, 2007.
Martin Thornell,           53    Director of Research (Non-board  member)
                                 From August 2004 to Present
Ray Welt                   62    Director From April 2005 to Present
Camilla Maz                40    Director and Secretary
                                 From December 2005 to Present
Philip Graves              51    Director From December 2005 to Present

CURRENT OFFICERS, DIRECTORS AND KEY EMPLOYEES

Bill Ganz,  President:  Bill  delivers  more than 20 plus years of  professional
experience  in  the  fields  of  communications   technology,   multi-media  and
Internet-marketing.  Bill  also is one of the  leaders  in the area of new media
technology that is driving the explosive  market growth of Internet news content
and other online information sources. Bill has a very successful media-marketing

<page>

background  and  has  supported  the  marketing  efforts  of  many  Fortune  500
companies,  such as  Epson,  Nissan,  Kenwood,  Pentax,  Fender  music and Haier
electronics. Ganz also has recently received a Horizon Interactive Award and two
Telly Awards for his online educational and entertainment programs.

Martin  Thornell,   Director  of  Research:   Martin  has  enjoyed  a  long  and
distinguished career as a professional researcher.  Prior to joining Rocketinfo,
Martin  worked  for  many  in  the  field  of   international   trade,   with  a
specialization  in Japan.  At the  Canada-Japan  Trade  Council,  he worked with
senior  levels of  government  in both  Canada and Japan to promote  and advance
bilateral  trade  and was a member  of a number of  high-level  trade  promotion
delegations  and was  frequently  called  upon by the  media  and  Parliamentary
committees to comment on bilateral  trade issues and disputes.  Martin began his
career as the political researcher at the Embassy of Japan in Ottawa, a position
he accepted following graduation from Queen's University.

Travis Rosser,  Director of Web Products:  With 17 years in design, the majority
of them  on-line,  Travis is a  visionary  and has the  talent of  knowing  what
direction  companies  should  take,  creative  or  otherwise.  His  designs  are
brilliant,  progressive, and appropriately communicate to an audience how to use
often-complex  on-line systems.  Having worked exclusively on the BMW site for a
number of years, he has also been Chief Creative Officer for  BlinkFirst.com,  a
progressive and growing GUI and Web design firm. Travis is a focused,  dedicated
professional,  who  specializes in designing  creative,  effective,  clean,  and
functional web sites for companies of all sizes in a variety of  industries.  He
was the creative force for the owner's circle for BMW North America; he designed
both the interface  and  interactive  tour.  He also  developed the Epson Online
Experience, which won the Horizon Interactive Award.

Phil Chin,  Senior  Software  Developer:  Phil began his career at Rocketinfo in
September 1999 after graduating with a Computer Programming and Analysis diploma
from Seneca College in Toronto. His software and programming  knowledge has been
influential  in helping to develop and create new  products  over the past seven
years.  Phil  is an  expert  in  Java,  RSS,  HTML,  DHTML,  JavaScript  and XML
technology.  He also has a vast  knowledge of network  administration,  software
design,  development and deployment and has worked on Linux Red Hat,  Windows OS
95/98/2K/XP,  and  various  database  management  systems.  Phil is  engaged  in
research and development related to BOT technology,  RSS, database design, AJAX,
web applications and mobile content delivery.

Jim Baxter,  Senior Software  Developer:  After graduating from British Columbia
Institute  of  Technology,   Jim  began  his  career  in  1997  developing  data
warehousing  and network  analysis tools for BCTel and Bell South. In 1999 James
took  on a  senior  development  position  at  Pacific  Industrial  Scale  Inc.,
designing  production and product control  enterprise  software for the likes of
Weyerhaeuser Canada and BC Hothouse growers. Working with PIS Inc. also provided
great exposure to chip level  development and real time  programming.  After PIS
James spent a couple of years  developing  artificial  intelligence for both the
game  industry and stock  monitoring  tools  before  finding  Rocketinfo  at the
beginning of 2005.  Jim has designed and developed two new desktop  applications
harnessing  ROCKETinfo's  news search  Technology and RSS delivery.  He has also
developed  several  reporting  tools,  incorporated  third  party  API's,  added
functionality  to  existing  products,  while  continuing  to support and design
website enhancements

Darren DeJean, B.Sc. P. Eng, Director of Business Development
Mr. De Jean's  entrepreneurial  spirit  found  its home with the  foundation  of
Rocketinfo.  While  nurturing  the company  through its initial  start-up  phase
Darren  was   responsible   for  corporate   finances,   partnerships,   website
development,   sales  and  marketing.   As  the  company  grew  he  focused  his
considerable  energies and  enthusiasm  on licensing  Rocketinfo's  products and
services to  corporations,  governments  and OEM partners,  and  developing  the
company's  worldwide  sales  and  distribution  channels.  Prior to  co-founding
Rocketinfo,   Mr.  De  Jean's  took  advantage  of  his  engineering  background
(P.Eng-Mechanical   Engineering   &   BSc-Physics,    Lakehead)   and   superior

<page>

communication  skills in selling IT  products  and  services to  commercial  and
federal government accounts,  managing a sales force,  developing  international
distribution  channels,  and managing complex solution integration projects. Mr.
De Jean has worked with GE Capital,  Milkyway Networks and SLM Software where he
responsible  for a more  400%  growth  in sales  in the  Canadian  and  European
markets. Mr. DeJean resigned from the Company on February 22, 2007.

Camilla Maz B.A. (Bus Admin)
Ms. Maz has been an Officer and Director of Dulcin Izmir Corporation since April
2005. From 2002 to present, Ms. Maz has been the President of Prosper Financial,
Inc., a management  company that  currently  has a contract  with China  Granite
Corporation,  a reporting company that mines,  processes and distributes various
granites  and  produces and  distributes  Rare Earth metals and alloys.  In this
role, Ms. Maz acts as secretary and treasurer of China Granite. From May 2004 to
March 2005,  Ms. Maz was President and Director of FUSA Capital  Corporation,  a
reporting  company  engaged in ownership,  development  and marketing  video and
audio search engine technology.  From 2000-2002, Ms. Maz was Executive Assistant
and Investment Analyst for Auron 2000, Inc., a company engaged in consulting and
management of companies in several  industries from  biotechnology  to internet.
From 1996 - 2002 Ms. Maz was a founder and  President of a company  dedicated to
sales and massive  distribution in Colombia.  Previously,  Ms. Maz  participated
with Millicom  International in the bid for cellular  communications in Colombia
and as Regional  Manager for Celcaribe  S.A.. Ms. Maz received a Bachelor Degree
in Business Administration with areas of concentration in Marketing and Finances
from the Universidad de los Andes, Colombia in 1993.

Philip Graves
Philip  Graves has been working in the capital  markets for 20 years  helping to
organize, manage and direct public and private companies. In addition to being a
director  of  Rocketinfo,  he is  president  of  Excalibur  Investments  Ltd,  a
privately  held  investment  company  with a  principal  interest in startup and
turnaround opportunities.  He is a former director and president,  respectively,
of Nanovation  Inc., a developer of integrated  optical  switches and wires, and
its parent Stamford International Inc.

NOMINATING COMMITTEE

The  Company  has not  established  procedures  by which  security  holders  may
recommend  nominees to the board of  directors  nor does the board of  directors
have a separately  designated  nominating  committee,  or  committee  performing
similar functions.

The Company's board of directors does not have a process for security holders to
send  communications to the board of directors.  The board of directors believes
the Company's  limited size and current  level of activity  render such a formal
process cumbersome and unnecessary.

SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

Section  16(a) of the  Securities  Exchange Act of 1934  requires the  Company's
executive  officers,  directors,  and persons who own more than ten percent of a
registered class of the Company's equity securities to file reports of ownership
with  the  Securities  and  Exchange  Commission  ("SEC")  and  NASD.  Executive
officers,  directors,  and greater than ten-percent stockholders are required by
SEC  regulation  to furnish the Company  with copies of all Section  16(a) forms
they file.

Based  solely  upon a review of Forms 3 and  Forms 4  furnished  to the  Company
during the most recent fiscal year,  and Forms 5 with respect to its most recent
fiscal  year,  we believe that all such forms  required to be filed  pursuant to
Section  16(a) of the  Exchange  Act were timely  filed,  as  necessary,  by the
officers,  directors and security  holders  required to file the same during the
fiscal year ended December 31, 2006.

<page>

CODE OF ETHICS

The  Company  has not  adopted a code of ethics  that  applies to its  principal
executive officer,  principal financial officer, principal accounting officer or
controller,  or persons performing  similar functions.  The Company believes its
limited size,  resources,  and current level of activity render a code of ethics
cumbersome and unnecessary.

ITEM 10. EXECUTIVE COMPENSATION.

The following table summarizes all  compensation  awarded to, earned by, or paid
to the chief  executive  officer  of the  Company  and other  executive  officer
(collectively,  the "Named  Executive  Officers")  for services  rendered in all
capacities to the Company for each of the Company's last three fiscal years.  No
other executive officer of the Company received total salary and bonus in excess
of $100,000 during any of the last three fiscal years.


<table>
<caption>
                        Summary Compensation Table

                                               Long Term Compensation
                Annual Compensation            Awards                    Payouts
Name and  Year  Salary    Bonus  Other Annual  Restricted   Securities   LTIP     All Other
Principle         $)       ($)   Compensation  Stock        Underlying   Payouts  Compensation
Position                                       Award(s)($)  Options/SARs   ($) ($)
                                                            (#)

      <c>     <c>     <c>       <c>          <c>           <c>         <c>        <c>
-------------------------------------------------------------------------------------------
Ganz,     2006    0 (1)    0       180,000      1,800,000        0          0          0
President
-------------------------------------------------------------------------------------------

DeJean,   2006   82,000  28,416.79(2)0            350,000        0          0          0
Director
Business
Development

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

Thornell, 2006   66,000    0         0            350,000        0          0          0
Director
of
Research
-------------------------------------------------------------------------------------------
</table>


(1) Mr. Ganz is paid as a consultant to the Company.

(2) Mr. Dejean earned commissions of $28,416.79 during 2006 as a result of sales
initiated and completed by him during the year.

COMPENSATION OF DIRECTORS

There is no arrangement for the compensation of directors.

EMPLOYMENT CONTRACTS AND TERMINATION OF EMPLOYMENT AND CHANGE-IN-CONTROL
ARRANGEMENTS

There are  currently  three  employment  agreements  between the Company and its
named executive officers.

The Company has entered into a management contract  subsequent to year-end with
Prosper Financial,  Inc. a company of which Camilla Maz is President


REPORT ON REPRICING OF OPTIONS/SARs

During the fiscal year ended  December 31,  2006,  the Company did not adjust or
amend the exercise price of stock options or SARs  previously  awarded to any of
the Named Executive Officers.

ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The  following  table sets forth the  information  as at December  31, 2006 with
respect to compensation plans (including individual  compensation  arrangements)
under which equity securities of the Company are authorized for issuance:

Equity Compensation Plan Information
<table>
<caption>
----------------------------------------------------------------------------------------------------------
Plan category  Number of securities to be  Weighted-average exercise           Number of securities
               issued upon exercise of     price of outstanding                remaining  available for
               outstanding options,        options, warrants and               future issuance under
               warrants and rights         rights                              equity compensation plans
                                                                               (excluding securities
                                   (a)                    (b)                   reflected in column (a))

                                                                                          (c)
-----------------------------------------------------------------------------------------------------------

                               <c>                   <c>                        <c>
Equity compensation
plans                                0                     0                           1,000,000
approved by security holders
-----------------------------------------------------------------------------------------------------------
Equity compensation plans not    7,500,000              $0.20                                 0
approved by security holders
-----------------------------------------------------------------------------------------------------------
Total                            7,500,000              $0.20                         3,425,000
-----------------------------------------------------------------------------------------------------------
</table>

The  Company's  2006 Stock  Option Plan (the "Plan) was  established  to provide
equity incentives to employees, including officers,  non-employee members of the
board of directors of the Company, and other eligible persons to provide a means
through  which the Company may attract  able  persons to serve the  Company,  by
granting such persons  options to purchase  shares of stock of the Company.  The
Plan permits the granting of incentive  stock  options and  non-qualified  stock
options.  The maximum  number of common  shares  that may be issued  pursuant to
options granted under this Plan is 8,500,000  common shares.  The exercise price
of an option is established by the fair market value of the common shares of the
Company on the date of which the option is granted.

(a) Security ownership of certain beneficial owners.

The following  table sets forth  information,  as of December 31, 2006,  for any
person  (including any "group") who is known to the Company to be the beneficial
owner of more than five percent of any class of the Company's voting securities:
<table>
<caption>
----------------------------------------------------------------------------------------
(1)                             (2)                          (3)                     (4)
----------------------------------------------------------------------------------------
Title of Class               Name and  Address                Amount          % of Class
----------------------------------------------------------------------------------------

                             <c>                             <c>               <c>
Common Shares                   Cadaques, SA                    2,311,686 (1)      5.01%
                                Avedida Brasil 3031
                                Apt 102, Montevideo
                                Uruguay


Common Shares                   Ricardo Requena                 3,832,423          8.31%
                                25 De Mayo 444,
                                P2, Montevideo
                                Uruguay
</table>

 (1) Mario Rovella is the beneficial owner of Cadaques SA


(b) Security ownership of management.

The following table sets forth information,  as of December 31, 2006, as to each
class of equity securities of the Company  beneficially  owned by all directors,
each of the Named Executive  Officers,  and directors and executive  officers of
the  registrant  as a group.  Shown in column (3) is the total  number of shares
beneficially  owned and in column (4) the percent of class so owned.  Beneficial
ownership has been  determined in accordance  with Rule 13d-3 of the  Securities
Exchange  Act of 1934,  as  amended.  Generally,  a person  is  deemed to be the
beneficial  owner  of a  security  if he has the  right  to  acquire  voting  or
investment power within 60 days of the date of this Report.
<table>
<caption>
----------------------------------------------------------------------------------------------------------
(1)                             (2)                          (3)                          (4)

Title of Class                  Name and                     Amount and                   Percent of Class
                                Address of Beneficial Owner  Nature of Beneficial Owner
----------------------------------------------------------------------------------------------------------

                            <c>                            <c>                             <c>
Common Shares                   Maria C. Maz                  3,698,029 (1)                     8.02%

Common Shares                   Daren DeJean                    300,000                         0.65%

Common Shares                   Martin Thornell                 350,000 (2)                     0.76%

Common Shares                   Bill Ganz                     1,800,000 (3)                     3.90%

Common Shares                   Philip Graves                   250,000 (4)                     0.54%

Common Shares                   Ray Welt                        250,000 (5)                     0.54%

Common Shares                   Directors and Executive       6,648,029                         14.42%
                                Officers as a group
</table>

(1)      Includes 1,400,000 shares Ms. Maz has the right to acquire
         within sixty days from options.

(2)      Includes 350,000 shares Mr. Thornell has the right to acquire within
         sixty days from options

(3)      Includes  1,800,000  shares Mr.  Ganz has the right to acquire  within
         sixty days from  options.  Note that Mr. Ganz was awarded a further
         450,000 options during the first quarter of fiscal 2007 bringing his
         total to 2,250,000.

<page>

(4)      Includes 250,000 shares Mr. Graves has the right to acquire within
         sixty days from options.

(5)      Includes 250,000 shares Mr. Welt has the right to acquire within sixty
         days from options.

(c)      As of December 31, 2005, there are no arrangements that may result in a
         change in control of the Company.


ITEM 12. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.

None.

ITEM 13. EXHIBITS AND REPORTS ON FORM 8-K.

(a) The following exhibits are included herein:

Exhibit  Description
-------  -----------------------------------------------------------------------

3.1      Certificate of Incorporation of the Company  (incorporated by reference
         to the  Company's  Form 10-SB filed with the  Securities  and  Exchange
         Commission on August 13, 1999).

3.2      By-Laws of the Company (incorporated by reference to the Company's Form
         10-SB filed with the Securities  and Exchange  Commission on August 13,
         1999).

3.3      Amendment  to  Certificate  of  Incorporation  of  the   Company, Inc.
         (incorporated by reference to the Company's Schedule 14C filed on
         November 19, 2002)

4.1      Specimen of Common Stock  Certificate.(incorporated by reference to the
         Company's Form 10-SB filed with the Securities and Exchange  Commission
         on August 13, 1999).

10.1     Company's 1998 Qualified Stock Option Plan  (incorporated  by reference
         to the Company's  Registration Statement on Form 10KSB filed on January
         30, 2002)

10.2     Company's  1998  Non-Qualified   Stock  Option  Plan  (incorporated  by
         reference to the Company's  Registration  Statement on Form 10KSB filed
         on January 30, 2002)

31.1     Certification Pursuant to Rule 13a-14 of the Securities Exchange Act of
         1934.

31.2     Certification Pursuant to Rule 13a-14 of the Securities Exchange Act of
         1934.

32       Certifications  Pursuant  to  Rule 13a-14(b) of the Securities Exchange
         Act of 1934.

(b) Reports on Form 8-K filed during the quarter ended December 31,
2005 and up to the date of this 10 KSB  report:  On  February  17th,  2006,  the
Company filed a current report on form 8-K to disclose that it had issued shares
to its shareholders pursuant to the private placement price guarantee clause. On
November 18, 2005,  the Company  filed a Current  Report on Form 8-K to disclose
that it has changed its independent auditors.

<page>


ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

The following table sets forth fees for services  provided by Moore & Associates
for fiscal year 2005; Mark Shelley, CPA for fiscal year 2004; and Tedder, James,
Worden & Associates, P.A. provided during fiscal years 2004, and 2003:

                                  2005          2004             2003
                                     ------          ------           ------

         Audit Fees (1)               $7,500       $42,500         $12,250
         Audit-related fees (2)       $0           $0              $0

         Tax fees (3)                 $0           $3,330          $3,330
         All other fees (4)           $0           $0              $0

         Total                        $7,500       $45,880         $15,580


(1)    Represents fees for professional services provided in connection with the
       audit  of  the  Company's  annual  financial  statements  and  review  of
       Company's quarterly financial statements.


(2)    During  2004 and  2003,  the  Company  did not incur  fees for  assurance
       services  related  to the audit of the  Company's  financial  statements,
       which services would be reported in this category.

(3)    Represents fees for professional  services and advice provided in
       connection with preparation of federal and state tax returns.

(4)    During 2004 and 2003, the Company did not incur any other fees related to
       the Company's financial statements and other services provided.

Generally,  the board of  directors  approves  in  advance  audit and  non-audit
services to be provided by Moore &  Associates.  In other cases,  in  accordance
with Rule 2-01(c)(7) of Securities and Exchange  Commission  Regulation S-X, the
board of directors has delegated pre-approval authority to the Company's CFO for
matters which arise or otherwise  require approval between  regularly  scheduled
meetings  of the board of  directors,  provided  that the  Secretary & Treasurer
report such approvals to the board of directors at the next regularly  scheduled
meeting of the board of directors.

SIGNATURES

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

                               ROCKETINFO INC.

      Date:  March 28, 2007    /s/ Bill Ganz
                               ---------------------------
                               Bill Ganz
                               President

      Date:  March 28, 2007    /s/ Paul Eagland
                               ---------------------------
                               Paul Eagland
                               Chief Financial Officer


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

<page>


/s/ Bill Ganz
-------------------------------------
Bill Ganz, Director                             Date: March 28, 2007


/s/ Phil Bode
-------------------------------------
Phil Bode, Director                             Date: March 28, 2007


/s/ Ray Welt
-------------------------------------
Ray Welt, Director                               Date: March 28, 2007
/s/ Camilla Maz
-------------------------------------
Camila Maz, Director, Secretary                  Date: March 28, 2007


/s/ Philip Graves
-------------------------------------
Philip Graves, Director                          Date: March 28, 2007