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

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 				      FORM 10-KSB
( Mark One )
(X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE
ACT OF 1934


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

					For the fiscal year ended February 28, 2006

			 		Commission File number : 0-26283


                 ATLANTIC SYNDICATION NETWORK, INC.
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          (Exact name of Small Business Issuers in Its Charter)

             NEVADA                                       88-0325940
  ---------------------------------                    ----------------
   (State or other jurisdiction of                    (I.R.S. Employer
    incorporation or organization)                 (Identification Number)


   6125 West Edna, Las Vegas, Nevada                        89146
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(Address of principal executive offices)                  (Zip code)



             (Issuer's Telephone Number) (702)   388-8800

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

      Title of Each Class        Name of Each Exchange on Which Registered
       -------------------              ------------------------------
              n/a                                       n/a

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

                         Common Stock, Par Value $.001
---------------------------------------------------------------------------
                                (Title of Class)

<PAGE>

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act. Yes ( ) No (x)

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

Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B 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)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act) Yes ( ) No (X)

State the issuer's revenues for its most recent fiscal year ____________

State the aggregate market value of the voting and non-voting common equity
held by non-affiliates computed by reference to the price at which the common
equity was sold, or the average bid and asked price of such common equity, as
of a specified date within the past 60 days.  ( See definition of affiliate in
Rule 12b-2 of the Exchange Act)________________

State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: As of February 28, 2006 the
Company has adjusted the number and has 32,322,444 issued and outstanding
shares of Common Stock.


Transitional Small Business Disclosure Format (chack one) Yes ( ) No (x)






























<PAGE>


                  ATLANTIC SYNDICATION NETWORK, INC.
                           FORM 10-KSB
                        TABLE OF CONTENTS
 NO.         TITLE                                 		  PAGE NO.

					      PART I
Item 1.  Description of Business................................
Item 2.  Description of Property................................
Item 3.  Legal Proceedings .....................................
Item 4.  Submission of Matters to a Vote of Security Holders ...

					     PART II
Item 5.  Market for Common Equity, Related Shareholder Matters
         and Small Business Issuer Purchases of Equity Securities..
Item 6.  Management's Discussion and Analysis or Plan of
Operation......................
Item 7.  Financial Statements.....................................
Item 8.  Changes in and Disagreements with Accountants on
         Accounting and Financial Disclosure......................
Item 8A. Controls and Procedures
Item 8B. Other Information

					     PART III
Item 9.  Directors and Executive Officers of the Registrant;
         Compliance With Section 16(a) of Exchange Act ...
Item 10. Executive Compensation....................................
Item 11. Security Ownership of Certain Beneficial Owners and
         Management and Related Stockholder Matters
Item 12. Certain Relationships and Related Transactions............
Item 13. Exhibits .................................
	   Signatures ...............................................
Item 14. Principal Accountant Fees and Services ...................

SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION.  This Report contains
statements that constitute "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act, 1934, as amended, and Section 27A
of the Securities Act of 1933, as amended. The words "expect", "approximately",
"anticipate", "believe", "plan", "should", "scheduled", "will", "may",
"projected" "benefit" "upcoming" "strategic" "demonstrated" "quality", "added
value" and similar expressions and variations thereof are intended to identify
forward-looking statements.  Such statements appear in a number of places in
this filing and include statements regarding the intent, belief or current
expectations of the Company, its directors or officers with respect to, among
other things, (a) trends affecting the financial condition or results of
operations of the Company, (b) the business and growth strategies of the
Company, and (c) the Company's objectives, planned or expected activities and
anticipated financial performance.  The stockholders of the Company are
cautioned not to put undue reliance on such forward-looking statements.  Such
forward-looking statements are not guarantees of future performance and involve
risks and uncertainties, and the actual results may differ materially from
those projected in this Report, for the reasons, among others, discussed in the
Section "Management's Discussion and Analysis or Plan of Operation" and "Risk
Factors".  The Company undertakes no obligation to publicly revise these
forward-looking statements to reflect events or circumstances that arise after
the date hereof.  Readers should carefully review the "Risk Factors" described
in other documents the Company files from time to time with the Securities and
Exchange Commission, including the Quarterly Reports on Form 10-QSB filed or to
be filed by the Company in Calendar years 2005 and 2006 and any Current Reports
on Form 8-K filed by Company.



					  PART I


ITEM 1.            	DESCRIPTION OF BUSINESS.

Business Development

Atlantic Syndication Network, Inc. (the "Registrant") was originally
incorporated under the laws of the state of Nevada on September 25, 1978 as
Casino Consultants, Inc. Prior to September 1992 the Registrant was non-
operating. On September 15, 1992 the Registrant entered into an Agreement and
Plan of Reorganization with Ad Show Network, Inc., a Nevada corporation,
whereby the Registrant would acquire the assets of Ad Show Network, Inc.,
subject to liabilities, for shares of common stock in the Registrant. On
September 15, 1992, prior to completion of the asset purchase Casino
Consultants, Inc. changed its name to A.S. Network, Inc.

On October 14, 1992, Casino Consultants, Inc. (A.S.Network, Inc.) filed an
Amendment to its Articles of Incorporation changing the corporate name to Ad
Show Network, Inc. On August 17, 1995, Registrant filed an amendment to the
Articles of Incorporation changing the name to Atlantic Syndication Network,
Inc.

The asset purchase was accounted for as a tax free reorganization under Section
368(a)(i)(c) of the Internal Revenue Code of 1986, as amended. As a result, the
acquiring Company, Casino Consultants, Inc. purchased 100% of the net assets of
Ad Show Network (valued at $690,975) and transferred 4,500,000 shares of its
common stock in exchange for these assets. As this was an exempt isolated
transaction, the securities received in such a transfer shall not be registered
under federal or state securities laws.

From the time of the asset purchase on September 25, 1992 until the Registrant
changed its name on August 17, 1995 to Atlantic Syndication Network, Inc., the
Registrant's personnel and operations were engaged in the promotion and
advertising of local businesses and products in locations such as the U.S. Post
Offices through the use of automated computer kiosks. Successful development
and implementation of advertising operations occurred, however; the U.S. Postal
Service subsequently changed the U.S. Post Master and their contract personnel
and policy in dealing with third party contractors. In making these changes the
Postal Service caused the discontinuation of operations by the Registrant in
Post Offices throughout  the Western U.S. The Registrant's financial resources
had been expended in developing this business and with the cessation of its
kiosk advertising in late 1995, the Registrant assigned the kiosk advertising
operations to a third party in 1996.  By year-end February 1996, the Registrant
had an accumulated deficit in retained earnings of ($755,999). Corporate assets
of $210,711 were nearly all non-liquid consisting primarily of organizational
and development costs and fixed assets.

Capitalized liabilities of the Registrant, private placement proceeds, advances
from principal shareholders and profit sharing partnerships have been used to
redirect the Registrant's endeavors in the design, development, production and
distribution of multi-media, television production, commercials, infomercials
and commissioned projects.


<PAGE>

Business

Registrant develops, produces, and distributes television programs and specific
projects created for domestic and international markets. The company targets
multi-media production with a focus on effective television programming, third
party commissioned projects and niche market television shows, corporate videos
and infomercials.

Registrant benefits by using company-owned state-of-the-art post production
digital editing equipment.  The company's real-time editing and computer
graphic stations have full animation capability and conform to the necessary
technology required for the internet, multi-media and broadcast.  The company
equipment allows the company to produce its television shows and videos at a
reduced cost compared to utilizing outside studios and conforms to necessary
technology required for broadcast.

Marketing and Distribution: The Company policy includes purchasing media so
that it controls the air time, secures its own advertisers and receives 100% of
the advertising income. The sale of programming in this manner provides more
control and in many situations the advertisers equally benefit because they are
able to control the time, day and targeted audience.  With specific types of
programming, advertisers are also willing to pay more for their commercials to
be broadcast to that specific target audience.  The company also participates
and enters into a barter or no-license-fee arrangement with the broadcast
station so that it can share in the income generated by
the program from the sale of advertising created by the station. Another option
is for the Company to directly license its programming.  Throughout the world
there are emerging markets and the Company will have the opportunity to
purchase, barter, sell outright or license its programming to many of these new
television stations, cable channels and distribution outlets.

After shows have aired they have the potential of retaining a residual value
for generating additional and future income. The Company-owned projects are
copyright protected and available for distribution via satellite, cable, and
broadcast release.  Completed shows and series represent a long-term asset and
become inventory for the Registrant's video library.

Library: The Company has retained the proprietary rights associated with most
of the programming in its library, unless the rights are sold and/or granted to
licensees.  These rights are generally held in perpetuity. The Company intends
to add product to its video library by producing new programming as well as
purchasing completed programming to distribute to television, cable and the
direct-to-video market. A library that includes proprietary programming can be
licensed, re-licensed and distributed over
a period of time and provide a long term revenue stream.

Pursue Co-Production Partnerships:  The Company has been pursuing
business opportunities with co-financing partners for various projects, with
the goal that risks may be shared.  The benefits will include financial,
complementary production and marketing skills and domestic or foreign
distribution for Registrant's projects. Ref: The Art Show Auction

Internet and Alternative Distribution: The Company website is www.asni.tv.  The
Company intends to benefit by alternative distribution utilizing the internet
for its infomercials, corporate videos and television programs.

RHETT  RE-DO   The company is currently building websites including
www.freedrugtest.org and its Intervention project which will include the sale
and distribution of products offered such as drug tests, books, corporate
audios and videos.

The Company spent the majority of its time and available funds over the last
two years on research, development of multi-media projects and its upcoming
slated shows.  It is believed the various projects and television shows such as
the weekly Art Auction show will significantly benefit by the companys multi-
media development phase.

The Company has 5 employees, _2_ of which are full time.

The Company does not have any patents or trademarks ________.

<PAGE>


ITEM 2.      DESCRIPTION OF PROPERTY.

The Registrant maintains executive offices at 6125 West Edna in Las Vegas,
Nevada. The property has approximately 5400 square feet which includes its
corporate headquarters, production and post production studios. Equipment
includes digital and beta cameras for on and off-site and a complete editing /
graphics facility to fulfill all of ASNi production needs. The property is
owned by Kent Wyatt, the Company's CEO, and is leased monthly for $6,350.00_
per month.

ITEM 3       LEGAL PROCEEDINGS

The company is not involved in any legal proceedings and, to the best of our
knowledge, no such action by or against the company has been threatened.  None
of the officers, directors, or beneficial owners of 5% or more of outstanding
securities are a party to proceedings adverse to us nor do any of the foregoing
individuals have a material interest adverse to us.


ITEM 4      Submission of Matters to a Vote of Security Holders

No matters were submitted to a vote of the company's stockholders during the
fourth quarter of the fiscal year ended February 28, 2006.


					PART II

ITEM 5. 	Market for Common Equity and Related Stockholder Matters
            AND SMALL BUSINESS ISSUER PURCHASES OF EQUITY SECURITIES.

(a) MARKET INFORMATION: The Registrant's common stock is quoted in the NASDAQ
OTC Bulletin Board Electronic Quotation Service under the symbol ASNI. The
Registrant's common stock price at close of business on February 28,2006 was
$.08 per share.

PRICE RANGE: The following table is the range of the high and low bids for the
Registrant's common stock for each quarter within the last two fiscal years as
determined by over-the-counter market quotations. The source of this
information is OTCBB. These quotations reflect inter-dealer prices, without
retail mark-up, mark-down or commission and may not represent actual
transactions.

                                           High       Low
      Fiscal Yr Ending


      Fiscal Yr Ending
	Feb 28, 2005
            First Quarter		   	.14 		.03
            Second Quarter		   	.06 		.02
            Third Quarter		  	.04 		.02
            Fourth Quarter		   	.11 		.02

Feb 28, 2006
            First Quarter                 .095        .033
            Second Quarter                .06         .022
            Third Quarter                 .035        .02
            Fourth Quarter	            .025        .01

<PAGE>

(b) HOLDERS: At February 28, 2006, the Registrant has approximately 151 common
stock shareholders. This excludes the number of beneficial owners whose shares
are held in brokerage accounts.  With this in mind, the company believes that
the number of beneficial holders exceeds this amount.

(c) DIVIDENDS: The Registrant has never paid a cash dividend. It is the present
policy of the Registrant to retain any extra profits to finance growth and
development of the business. Therefore, Registrant does not anticipate paying
cash dividends on its common stock in the foreseeable future.

(d) SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS.

The following table sets forth as of February 28, 2006, compensation plans
(including individual compensation arrangements) under which equity securities
of the Company are authorized for issuance.
Equity Compensation Plan Information
Plan Category
Number of securities to be issued upon exercise of outstanding  options,
warrants and rights
(a)
Weighted-average exercise price of outstanding options, warrants and rights
(b)
Number of securities remaining available for future issuance under equity
compensation plans (excluding securities reflected in column (a))
(c)
Equity compensation plans approved by security holders
0
0
0
Equity compensation plans not approved by security holders

325,000

$.25

_____
Total
325,000
$.25
0

Stock Option Plans
In May 1999, the Company adopted a stock warrant plan expiring February 28,
2009, providing for two previous members of the board of directors to receive
325,000 stock warrants at an exercise price of $.25 per share. No warrants have
been exercised to date.
On March 2, 2005, the Company adopted a 2005 Non-Qualified Stock & Stock Option
Plan for issuance of common stock and options to employees and consultants of
the company, and registered 3,100,000 shares underlying the Stock Plan on a
Form S-8 Registration Statement., 760,000 shares were issued out of this plan
for consulting, legal and service agreements  during the corporate  year..

(d) RECENT SALES OF UNREGISTERED SECURITIES: The Registrant had the following
stock issuance within the last quarter of the fiscal year as described below.
All other issuances during the fiscal year have been previously reported. All
such shares were sold by the officers and directors of the Registrant and no
underwriters were utilized. All shares were issued with a restrictive legend.


In December 2005, the company issued an aggregate of 550,000 shares of common
stock for $.06 per share to two unaffiliated investors.

In January 2006, we issued an aggregate of 30,000 shares of common stock to
three individuals for services, which includes 10,000 shares each to Michael
Edwards, a director, and Kent Wyatt and Sarah Wyatt, both officers and
directors of the Company. The shares were valued at $.06 per share.

In January 2006, we issued 150,000 shares of common stock to an unaffiliated
investor at $.06 per share.

In February 2006, we issued 200,000 shares of common stock for consulting
services. The shares were valued at $.06 per share.

In February 2006, we issued 100,000 shares of common stock to an unaffiliated
investor at $.06 per share.



                   EXEMPTIONS FROM REGISTRATION:

With respect to the issuance of all of the common shares listed at Item
5(d), such issuances were made in reliance on the private placement exemptions
provided by Section 4(2) of the Securities Act of 1933, as amended (the "Act"),
and/or SEC Regulation D, Rule 505 of the Act ("Rule 505") and Nevada Revised
Statutes Sections 78.211, 78.215, 73.3784, 78.3785 and 78.3791 ( collectively,
the "Nevada Statutes").

In each instance, each of the share purchasers had access to sufficient
information regarding the Registrant so as to make an informed investment
decision. More specifically, each purchaser signed a written subscription
agreement with respect to their financial status and investment sophistication
wherein they warranted and represented, among other things, the following:

<PAGE>

    1.   That he/she had the ability to bear the economic risks of investing
         in the shares of the Registrant.

    2.   That he/she  had sufficient knowledge in financial, business, or
         investment matters to evaluate the merits and risks of the
         investment.

    3.   That he/she had a certain net worth sufficient to meet the
         suitability standards of the Registrant.

    4.   That the Registrant has made available to him/her, and their
         counsel or advisors, the opportunity to ask questions and that
         he/she has been given access to any information, documents,
         financial statements, books and records relative to the
         Registrant and an investment in the shares of the Registrant.



ITEM 6    Management's Discussion and Analysis or Plan of Operation

The Registrant develops, produces, and distributes entertaining, educational,
and informational television programming, commercials and infomercials. The
Company endeavors to present programming on network, cable and public
television as well as the direct-to-video market.

Proprietary Productions have included:
MASTERS OF THE MARTIAL ARTS

"Masters of the Martial Arts Starring Sho Kosugi" is a series that involves
interviews and demonstrations on location at different locales in the Orient
with grand masters in different disciplines of the martial arts.  The host of
the series is Sho Kosugi, seven-times karate world champion, and star of
numerous martial arts films such as "Black Eagle" with Jean-Claude Van Damme,
"Blind Fury" with Rutgar Hauer, "Pray for Death", "Revenge of the Ninja", and
others.  This series aired for two years on (ICN) International Channel
Network.  The show is not currently airing or generating income, but the
Company plans include videotaping additional interviews,
re-editing and distributing the show nationally.

<PAGE>

NINJAEROBICS(tm)

An outgrowth and interest in martial arts including the physical and personal
benefits it offers has been the development of exercise classes which focus on
martial arts techniques and self-defense.  ASNi, produced a series of these
exercise tapes with Sho Kosugi that combines aerobics and self-defense. As of
this date the Company has not secured a sponsor or joint venture partnership
for release or distribution of this series.  The Company believes Mr. Kosugi's
worldwide fame as The Ninja will provide added impetus for ASNi to market this
videotape series through select retail and video outlets, and the Internet.

THE STOCK SHOW(tm)

THE STOCK SHOW(tm) was
This interview and news format show introduced public companies, their
management,  products and services to the general public.  The demand by small
companies to create visibility via corporate videos or interview shows offers
significant business potential for this weekly show.  Publicity is essential
for today's companies as they compete for investment dollars with the more
established or blue chip companies. The nature of questions addressed during
interviews includes those that are targeted at the company's latest product or
services offered, its key management, company innovations and company goals.
The interview is produced as a corporate video for corporate use and/or
television but does not promote or offer investment advice and specifically
avoids discussing the guest company stock performance and/or its offerings.

Business news presented includes press releases provided to the general public,
current events that are timely and relevant as reported in business magazines
such as the Wall Street Journal, Forbes, and others. The show
Initially aired in Southern California and Nevada but is currently not airing
or generating income.

INTERVENTION SHATTERS DRUG AND ALCOHOL ABUSE

Recognizing the importance and benefit of reaching families in crisis due to
drug and alcohol abuse, ASNi created, developed, and produced this project,
focusing on Intervention, a proven path to treatment and recovery for the
disease of addiction.  The educational infomercial, entitled, INTERVENTION
SHATTERS DRUG AND ALCOHOL ABUSE, had been previously scheduled for completion,
distribution, and airing but was delayed due to a number of setbacks. Plans now
include completion of the project when funds become available.  When completed,
promotion includes offering the DVD's, tapes, and other products for sale via 1
and 2-minute infomercials and commercials airing on television with an (800)
number provided for call-ins. Other outlets for distribution of this and other
DVD's and ancillary products is planned through a multi-media campaign and the
website www.freedrugtest.org.

The company originally intended to make in-home drug tests available for
concerned parents along with the release of the DVD's and videotapes at a
discount from the retail market price. These in-home drug tests have become
increasingly  popular with parents of teenagers since they are fast, accurate
and easy to use with results available within approximately 5 minutes in the
privacy of the home ( similar to a pregnancy test ).  The tests provide the
opportunity to test simultaneously for single or multiple drug use of
marijuana, methamphetamines, cocaine, heroin and others at cut-off levels
consistent with the National Institute of Drug Abuse.

One of the unexpected hurtles to overcome was the added expense to our cost of
sale when the FDA required that all tests ( even those with 99% accuracy -
which we were giving away with the DVD) must be returned to the laboratory to
confirm the test results.  Due to this and other unexpected expenses required
for promotion of the project, the company had no option but to revamp the
promotional campaign. When and if funding is secured, the final production and
post production, airing and distribution of this videotape series will be
rescheduled with a new promotional campaign..

Assuming a financially workable plan can be established and accommodate the
company needs and FDA guidelines, the plan will once again include providing a
one-time free drug test to concerned parents of teens. The company plans to
participate with the "Angel Heart Foundation" or another charity dealing with
drug and alcohol recovery issues.  It is believed this association and exposure
will foster visibility and increase sales for this videotape series, related
books and other products.  Television, radio, and print commercials are
designed and projected to direct buyers and traffic to the website -
www.freedrugtest.org.

THE ART Auction SHOW ( working title ) is the company's latest project,
currently in pre-production. The company has engaged international publisher,
Magui Publishing to participate by selecting and providing art and featured
guests for the weekly art auction show.  The weekly 8 hour schedule will
include art for sale by international artists such as Dali, Chagall, Monet,
Buffet, Leroy Neiman,Remington, Tarkay, Renoir, Peter Max, Norman Rockwell and
many others.

The show is projected to begin airing to an audience exceeding 20 MHH - 4 hours
daily 2 days each week throughout the U.S.  It is believed the unique talent,
international guest interviews and quality art presented will attract and
facilitate visibility for the show.   The company is currently finalizing
projected funding needs, negotiating television time for the Art Auction Show
and commercial time to promote the show as well as curing national and
international contracts with other publishers, artists and featured guests. The
show is scheduled to begin airing in the fall of 2006. Projected income for the
company show will be generated similar to the Home Shopping Network or QVC via
the auction marketing program and weekly 8 hour Art Auction Show with select
sponsorship and advertising.

REVENUES FROM OPERATIONS CAN BE DERIVED FROM:

Primary Income:  Revenues are generated from (1) multi-media production (2)
sale of advertising and promotions to be shown during TV shows;  (3) guests or
companies sponsoring the TV show because of its target audience and content (4)
infomercials and (5) auctions.

Secondary Income is generated by: (1) third party consulting services
pertaining to project development; script, layout, production, editing and
distribution of the product (2) third party video production and post
production services and (3) multi-media DVD and videotape sales.  Additional
revenues may be derived from the sale of related products advertised during the
course of a show that complement and add value to original products being sold
on television.

Revenue for in-house production is recognized at time of distribution.  Revenue
is recognized for outside third party production as work is completed.


RESULTS OF OPERATION.

During fiscal year-ending February 28,2006, the company incurred a loss of
($439,437) compared to a loss of ($292,529) for the prior year. The Company had
revenues of $5,700 for 2006 and $4,700 for 2005.  Costs and expenses were
$369,938 for 2006 and $241,787 for 2005.  Loss per share of $(0.011) for 2005
and $(0.017) for 2006.  The decrease is primarily due to having an increase in
the amount of shares outstanding.

The Company has directed its primary effort at developing the Art Auction Show
which is now planned for airing in the fall of 2006.

The Company's library of shows and developed projects are the principal assets
of the Registrant. The Registrant has produced and aired  "Masters of the
Martial Arts"  a weekly series that aired for two years on ICN (International
Channel Network).  This and other shows developed and produced by the company
are currently not airing or generating income.


<PAGE>

Registrant has sustained operations with limited revenues during a period
that's been devoted primarily to design, development, and packaging of its
anticipated productions.  The Registrant has created the primary marketing
tools supported by websites and advertising campaigns for the proposed show
Living Well - Looking Good(tm) and the upcoming Art Auction Show.  Management
has developed relationships with various media buyers and public relations
firms to distribute its shows and has secured vendors to supply various
products to be used as added value in the marketing of its programs,
infomercials and television shows.

There was no Federal Tax expense for the year ended February 28,2006. The
Registrant has a tax loss benefit to carry-forward of approximately $3,300,000
which is available to offset future tax liabilities.

LIQUIDITY AND CAPITAL RESOURCES

For the fiscal year ended February 28,2006 cash flow came from the issuance of
common stock ($180,000) and from advances from shareholders ($121,841). Cash
expended on operating expenses was $293,876.
..

The Company has devoted significant time, effort and resources to obtain
private funding to fund the development, production and distribution of its
infomercials and television programs.  Assuming that expenses remain at the
current level, additional cash will be required to complete production and air
existing projects in place. The Company will require approximately $500,000 of
additional operating capital during the fiscal year ending February 28, 2007.
The Company intends to finalize existing commitments by accredited investors
and/or secure funds with a private placement. It is believed the funds required
will be secured as projected, but it is uncertain whether the required
financing will be secured under the most favorable terms, if at all,  due to
the company's current financial position.

SUBSEQUENT EVENTS

None

RISK FACTORS

The Company's business is subject to numerous risk factors, not all of which
can be known or anticipated and any one of which could adversely impact the
Company or its financial condition.  Risk Factors include:

Failure to License: Renew Licenses or Production Agreements.  There can be no
assurance that any existing programs or programs in production by the Company
will be licensed, re-licensed for additional broadcast seasons or renewed for
production or, if so re-licensed or renewed, that the terms of the license
agreements, production or broadcast agreements will be as favorable to the
Company as the previous, existing or projected agreements.

Nature of the Entertainment Industry: The television, merchandising and direct-
to-video or DVD industries are highly speculative and historically have
involved a substantial degree of risk.  The success of a television show,
series or video production depends upon unpredictable and changing factors such
as audience acceptance, which may bear little or no correlation to the
Company's production and other costs.  Audience acceptance of the Company's
products represents a response not only to the artistic components of the
products, but also to promotion by the distributor, the availability of
alternative forms of entertainment and leisure time activities, general
economic conditions and public taste generally, and include other intangible
factors, all of which change rapidly and cannot be predicted with certainty.
Therefore, there is a substantial risk that some or all of the Company's
projects will not be commercially successful, resulting in costs not being
recouped or anticipated profits not being realized.

<PAGE>

Competition:  The creation, development, production and distribution of
television programming, together with the exploitation of the proprietary
rights related to such programming, is a highly competitive business.  We
compete with producers, distributors, licensors and merchandisers, many of whom
are larger and have greater financial resources than we  do.  Although the
number of outlets available to producers has  increased with the emergence of
new broadcasters, the number of time slots available to independent producers
remains limited.  Moreover, because license fees in the  United States have
dropped substantially recently, companies that do not rely on U. S. broadcast
license fees to finance the   production of  programming have achieved a
competitive advantage.  These companies now serve as an additional source of
competition for the limited slots available to independent companies.  As a
result of these factors, the Company cannot make assurances that we will be
able to remain competitive.  Niche market programs such as Martial Arts that
are currently popular may not sustain their popularity and new programs may not
become popular. Each program (or show) is an individual artistic work, and
consumer reaction will determine its commercial success.  We cannot assure
stockholders that we will be able to continue to create entertaining episodes
for our existing programs or that we will be able to create new programs that
are appealing for broadcasting.

Dependence upon Key Personnel:  Registrant's success depends to a significant
extent upon the expertise and services of the President and Chief Executive
Officer Kent Wyatt.  The loss of services of Mr. Wyatt and/or other future key
management personnel could have an adverse effect on the Company business,
results of operations and financial condition.  Registrant has not carried "key
man" life insurance on Company executives but the Board of Directors has
suggested that when funds are available management secure policies on key
company executives.


<PAGE>

ITEM 7. Financial Statements


                       ATLANTIC SYNDICATION NETWORK, INC.


                            Financial Statements

                        February 28, 2006 and 2005





TABLE OF CONTENTS


INDEPENDENT AUDITORS' REPORT . . . . . . . . . . . . . .  Page      F-1



FINANCIAL STATEMENTS:

     Balance Sheets . . . . . . . . . . . . . . . . .     Page      F-3

     Statements of Operations  . . . .. . . . . . . .     Page      F-4

     Statements of Stockholders' Equity . . . . . . .     Page      F-5

     Statements of Cash Flows  . . . . . . . . . . . .    Page      F-6

NOTES TO FINANCIAL STATEMENTS  . . . . . . . . . . . .    Page      F-7
















<PAGE>





Larry O'Donnell, CPA, PC
2228 South Fraser Street, Unit 1
Aurora, Colorado 80014

Report of Independent Registered Public Accounting Firm

Board of Directors
Atlantic Syndication Networks, Inc.
Las Vegas, Nevada

I have audited the accompanying balance sheets of Atlantic Syndication
Networks, Inc. as of February 28,2006 and 2005 and the related statements of
operations, stockholders' equity, and cash flows for the year then ended. These
financial statements are the responsibility of the Company's management.  My
responsibility is to express an opinion on these financial statements based on
my audits

I conducted my audits in accordance with standards of the Public Company
Accounting Oversight Board (United States).  Those standards require that I
plan and perform the audit 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.  I believe my audits
providea reasonable basis for my opinion.

In my opinion, the financial statements referred to above present fairly, in
all material respects, the consolidated financial position of Atlantic
Syndication Networks, Inc. as of February 28,2006 and 2005, and the results of
its operations and cash flows for the years then ended in conformity with
generally accepted accounting principles in the United States of America.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern.  As discussed in Note 8 to the
financial statements, the Company's significant operating losses raise
substantial doubt about its ability to continue as a going concern.
Managements plans regarding these matters are described in the notes to the
financial statements.  The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.


/s/ Larry O'Donnell, CPA PC
Aurora, Colorado
May 22, 2006



                                     F-1




<PAGE>



                 ATLANTIC SYNDICATION NETWORK, INC.
                              Balance Sheets
                           As of Years Ending

                              Assets

				        February 28       February 28
                                         2006               2005
                                       -----------       -----------
Current Assets
     Cash                               $   480           $     -
     Prepaid expenses  - deposits                          12,550
                                      ------------        ----------
     Total Current Assets                   480            12,550
                                      ------------       -----------
Property and Equipment, Net              25,478            33,034
                                    ------------         -----------
Other Assets
    Project Development cost            452,855           452,855
    (Accumulated)Project Develop Cost  (452,855)         (452,855)
    Prepaid rent / deposits              11,350            11,350
                                     ------------        ------------
 Net Other Assets                        11,350            11,350
                                   ------------          ------------
                                      $  37,308           $56,934
                                    ------------         ------------

                   Liability & Stockholder's Equity

Current Liabilities
     Accounts Payable                $   68,240            $40,785
     Notes payable ( current )           41,008             49,453
     Refundable Deposits                                    10,000
     Notes Due to Stockholder           205,379            198,623
     Accrued Rent Payable Stockholders  193,016            250,350
     Accrued Compensation Due Stkholds  335,057            162,638
                                       ---------          ----------
Total Current Liabilities               842,700            711,849
                                      ------------        ----------

Long-Term Liabilities                    19,890             18,930
                                      ------------        ----------
          Total Liabilities             862,590            730,779

Stockholders' Equity
  Preferred Stock, $.01 par value,
  authorized shares 500,000
  issued and outstanding -none
  Common Stock, $.001 par value,
  authorized 50,000,000 shares,
  issued and outstanding 2006 32,322,444;
  2005 27,522,345                        32,322              27,522
  Additional Paid-In Capital          2,128,471           1,845,271
  Accumulated (Deficit)              (2,986,075)         (2,546,638)
                                    ------------          ------------
 Net Stockholders' Equity              (825,282)           (673,845)
                                      ------------        ------------

 Total Liabilities and
 Stockholders' Equity                 $  37,308            $ 56,934
                                      ==========          ==========



See Accompanying Notes


                                      F-3


<PAGE>





                     ATLANTIC SYNDICATION NETWORK, INC.
                          Statement of Operations
                             For the Years Ended


                             February 28                February 28
                                2006                       2005
                           ------------------        -----------------

Net Revenues                  $    5,700                 $  4,700
                            ------------------       ------------------

Costs and expenses
     Amortization             $                          $ 35,490
     Depreciation                  7,556                   11,883
     General/Administrative      362,382                  194,414
                              ------------------     ------------------
Total Operating Expenses         369,938                  241,787
                             ------------------     ------------------
Operating ( Loss)               (364,238)                (237,087)


Interest expense                  75,199                   55,442

Other (expense) income               -                       -
                               ------------------       ---------------

(Loss) Before Income Taxes      (439,437)                (292,529)

Income Tax Provision (benefit)        -                       -

Net (Loss)                     $(439,437)                $(292,529)
                                  =========              ==========

Net (Loss) Per Share of
  Common Stock                 $    (0.011)               (0.011)
                                   ========              ==========
Weighted Average Shares
  Outstanding During the Period   38,984,948            26,901,485
                                 ===========            ===========

SEE ACCOMPANYING NOTES



                                         F-4




<PAGE>



                     ATLANTIC SYNDICATION NETWORK, INC.
                        Statements of Stockholders' Equity
                 For the Years Ended Feb 28,2006 and 2005

                                         Additional
                        Common  Stock    Paid-In-   Accumulated   Total
                        Shares  Amount    Capital    Deficit     Equity


Balance as of
 February 29,2004 26,312,444   $26,312  1,773,881($2,254,109)$(453,916)

Sale-unregistered
 Stock              300,000        300     17,700                18,000

Stock-services
rendered            910,000        910     53,690                54,600

Stock issued for
  Debt Conversion 3,000,000      3,000    177,000               180,000

Net (loss) for
 year                                              ($292,529)($292,529)

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


Balance as of
February 28, 2005 27,522,444  $27,522  $1,845,271$(2,546,638)$(673,845)

Sale-unregistered
 Stock             2,600,000     2,600     153,400              156,000

Stock-services
rendered           1,800,000     1,800     106,200              108,000

Stock issued for
  Debt Conversion    400,000       400      23,600               24,000

Net (loss) for
 year                                              ($439,437)($439,437)
		    --------    -------  ----------  ----------  -------


Balance as of
February 28, 2006 32,322,444  $32,322  $2,128,471 $2,986,075)$(825,282)




                                       F-5

<PAGE>


ATLANTIC SYNDICATION NETWORK, INC.
                      Statements of Cash Flows
                         For the Years Ended

                                              February 28   February 28
CASH FLOWS FROM OPERATING ACTIVITIES               2006          2005
- ------------------------------------            ------        -------
   Net Income (Loss)                           $(439,437)    $(292,529)
                                               -----------  -----------
    Adjustments to reconcile Net Income to Cash
    provided by (used in) Operating Activities
      Depreciation / Amortization                   7,556        47,372
      Stock issued for services in lieu of cash   108,000        54,600
      Other changes in operating assets / liabilites
      Decrease (Increase)                          12,550
      Increase(Decrease) in Accounts Payable       27,455         2,623
      Increase(Decrease) in Refundable Deposits   (10,000)


                                                 --------    ----------
        Total Adjustments                         145,561       104,595
                                                ------------  ---------
Net Cash Provided (Used)
by operating Activities                         (293,876)     (187,934)
                                                ----------    ---------
CASH FLOWS FROM INVESTING ACTIVITIES
-------------------------------------

Net Cash (Used) by Investing Activities             -           -
                                                ---------      --------
CASH FLOWS FROM FINANCING ACTIVITIES
--------------------------------------
Increase (Decrease)Notes Payable                  16,515           610
Increase (Decrease) Funds advanced
by Shareholders                                  121,841       153,516

Funds Raised from Stock Issued                   156,000        18,000
                                                 --------     ---------
Net Cash Provided (Used)
by Financing Activities                          294,356        172,126
                                                 --------       -------
Increase(Decrease) in Cash
& Cash Equivalents                                   480       (15,808)

Cash at Beginning of Year                            -           15,808
                                                  --------     --------
Cash at End of Year                                  480           -
                                                  --------     --------
SUPPLEMENTARY CASH FLOW INFORMATION
   Interest Paid                                  75,199         55,442
                                                ---------      --------
Schedule of noncash investing and financing transactions:

Debt converted to stock                           24,000

See accompanying Notes
                                     F-6



<PAGE>


ATLANTIC SYNDICATION NETWORK, INC.
Notes to Financial Statements

NOTE l - Business Activity

The Company incorporated September 15, 1978 under the laws of the state of
Nevada, under the name of Casino Consultants, Inc.  On September 14, 1992, the
Company was renamed to A.S. Network, Inc. and then immediately renamed to Ad
Show Network, Inc.  It was later renamed to Atlantic Syndication Network, Inc.
on May 25, 1995.

The Company concentrates on the development, production, and distribution of
niche-market television programs, commercials, infomercials, and ancillary
products designed for domestic and international markets.

The Company is authorized to issue up to 50,000,000 shares of common stock, par
value $0.001 and 500,000 shares of preferred stock, par value $0.01.

The Company develops and produces commercials, infomercials, business and
entertaining shows for distribution via multi-media, the internet, radio and
television. It's focus has been niche market and specialty television shows.
For example, previous shows and projects include, "The Stock Show," which
highlights public companies,  their product or service, and their key
management.   Another video series entitled "Intervention" deals with drug and
alcohol abuse and targets concerned families of teen abusers. "Masters of The
Martial Arts" featuring Sho Kosugi highlights prominent masters from around the
world and targets an audience interested in the art of self defense

The Company has continued to sustain operating losses. Management intended to
be fully operational and reporting profits during this fiscal year with the
release of the video series, books and drug tests associated with
"Intervention". Management is currently seeking additional funding through
joint ventures and/or generate funds through a private placement.

Note 2 - Summary of Significant Accounting Policies

Basis of Presentation

Atlantic Syndication Network, Inc. (ASNi), prepares its books and records on
the accrual basis for financial reporting and the cash basis for income taxes.
The accompanying financial statements represent the transactions for the fiscal
years ending February 28, 2006 and February 28, 2005.

Property and Equipment and Intangible Assets

Property and equipment are valued at cost.  Depreciation is provided by use of
the straight-line method over the useful lives of the assets.  Useful lives of
the respective assets are five years.  Initial organization costs and
development costs are fully amortized.  Fully depreciated assets are written
off the year they are fully depreciated or amortized.

Upon the sale or retirement of property and equipment the related cost and
accumulated depreciation are eliminated from the accounts and the resulting
gain or loss is recorded.  Repairs and maintenance  expenditures that do not
extend the useful lives are included in expense during the period they are
incurred.



                                  F-7
<PAGE>



Project Development Costs

The Company determines the cost outlays incurred on project development costs
by assigning all direct costs and a portion of indirect costs to the projects
worked on.  It then capitalizes those costs incurred in projects determined to
have an extended useful life beyond the current year.

Development and production of shows may or may not be used more than once.
This in large measure is because of the changes in television programming and
audience interest as well as technological changes that occur in the
communication and media fields.   Consequently, the Company has opted to write
off the costs of developing and producing show materials used by the Company
over time instead of by use.  The Company presently amortizes such costs over
five years on a straight line basis.

The Company evaluates the status of project development costs.  If the Company
determines the net book value of product development costs as capitalized as
"other assets" on the balance sheet is worth less than what is reported on the
financial statements, it will write the asset down.

Use of Accounting Estimates

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

Impairment of Long-Lived Assets

It is the company's policy to periodically evaluate the economic recoverability
of all of its long-lived assets.  In accordance with that policy, when the
Company determines that an asset has been impaired, it recognizes the loss on
the basis of the discounted future cash flows expected from the asset.

Fair Value of Financial Instruments

The methods and assumptions used to estimate the fair value of each class of
financial instrument are as follows:   Cash and cash equivalents, receivables,
notes payable, accounts payable, refundable deposits, due to stockholder:

The carrying amounts approximate fair value because of the short maturity of
these instruments.

Long-term Liabilities:

The carrying amounts of the Company's borrowing under its short and long-term,
convertible notes and revolving credit card agreements approximate fair value
because the interest rates are either fixed or vary based on floating rates
identified by reference to market rates.  The carrying amounts and fair values
of long-term debt are approximated to be one and the same at February 28, 2006
and February 29, 2005 respectively.

Concentrations

The Company revenues in 2006 and 2005 came from four customers.

<PAGE>


Revenue Recognition

Revenue is recognized from sales other than long-term contracts when a product
is shipped, a show airs on television and consulting and other services are
completed.  Revenue on long-term contracts is accounted for principally by the
percentage of completion, or at the completion of contractual billing when
milestones are possible.  At February 28, 2006
and February 28, 2005 there are no long-term contracts requiring revenue
recognition.

Advertising

The Company expenses advertising as it occurs.  The Company incurred no
advertising expense for fiscal years ended February 28, 2006 and February
28, 2005.

INCOME TAXES

The Company has adopted the provisions of statements of Financial Accounting
Standards No. 109, "Accounting for Income Taxes." which incorporates the use of
the asset and liability approach of accounting for income taxes.  The assets
and liability approach requires the recognition of deferred tax assets and
liability for the expected future consequences of temporary differences between
the financial reporting basis and tax basis of assets and liabilities.

Statement of Cash Flow

For purpose of the statement of cash flows, the Company considers highly liquid
investments with a maturity of six months or less to be cash equivilants.

Net Income (Loss) Per Share

Basic net income or loss per share is computed by dividing net income or loss
by the weighted average number of common shares outstanding.


Recently Issued Accounting Pronouncements

In November  2004,  the FASB issued  SFAS No.  151,  "Inventory  Costs  an
amendment  of  ARB  No.  43,  Chapter  4."  This  Statement  clarifies  the
accounting for abnormal amounts of idle facility expense, freight, handling
costs,  and wasted materials.  This  Statement is effective  for inventory
costs  incurred  during  fiscal years  beginning  after June 15, 2005.  The
initial  application  of SFAS No. 151 will have no impact on the  Company's
financial statements.

In December 2004, the FASB issued SFAS No. 152, "Accounting for Real Estate
Time-Sharing Transactions - an amendment of FASB Statements No. 66 and 67."
This Statement  references the financial  accounting and reporting guidance for
real  estate  time-sharing  transactions  that is  provided  in  AICPA
Statement  of  Position  04-2,  "Accounting  for Real  Estate  Time-Sharing
Transactions."  This Statement also states that the guidance for incidental
operations and costs  incurred to sell real estate  projects does not apply to
real estate time-sharing  transactions.  This Statement is effective for
financial statements for fiscal years  beginning  after June 15, 2005. The
initial  application  of SFAS No. 152 will have no impact on the  Company's
financial statements.

In December 2004,  the FASB issued SFAS No. 153,  "Exchanges of Nonmonetary
Assets - a replacement of APB Opinion No. 20 and FASB Statement No. 3." This
Statement eliminates the exception  for  nonmonetary  exchanges  of  similar
productive  assets and replaces it with a general  exception for exchanges of
nonmonetary  assets that do  not  have  commercial  substance.   A  nonmonetary
exchange  has commercial substance if the future cash flows of the entity are
expected to change significantly  as a  result  of the  exchange.  This
Statement  is effective for  nonmonetary  asset  exchanges  occurring in fiscal
periods beginning after June 15, 2005. The Company does not expect  application
of SFAS No. 153 to have a material affect on its financial statements.
 This  Statement  is effective for  nonmonetary  asset  exchanges  occurring in
fiscal  periods beginning after June 15, 2005. The Company does not expect
application of SFAS No. 153 to have a material affect on its financial
statements.

In May 2005, the FASB issued SFAS No. 154,  "Accounting Changes and Error - an
amendment of APB Opinion No. 29." This Statement applies to all voluntary
changes in accounting principle. It also applies to changes required by an
accounting pronouncement in the usual instance that the pronouncement does not
include specific transition provisions.  When a pronouncement includes specific
transition provisions, those provisions should be followed.  Opinion 20
previously required that most voluntary changes in accounting principle be
recognized by including in net income of the period of the change the
cumulative effect of  changing to the new accounting principle.  This Statement
requires retrospective application to prior periods financial statements of
changes in accounting principle, unless it is impracticable to determine either
the period-specific effects of the cumulative effect of the change. This
Statement  is effective for  accounting changes and corrections of errors made
in fiscal years beginning after December 15, 2005. The Company does not expect
application of SFAS No. 154 to have a material affect on its financial
statements.




NOTE 3 - Property and Equipment

Property and equipment consisted of the following at,

                                           February 28      February 28
                                              2006              2005

Equipment                                  $ 48,661          $ 48,661
Software                                     39,553            39,553
Leasehold Improvements                       42,380            42,380
                                            --------          --------

Total Property and Equipment               $ 130,594         $ 130,594
(Less) Accumulated Depreciation              (97,560)         (105,116)
                                            ---------        ---------
Total Property and Equipment, Net          $ 33,034          $  25,478






<PAGE>





NOTE 4 - Term Debt


     Term Debt consisted of the following at,



                                            February 28     February 28
                                               2006            2005

Note Payable
Payable to financial institutions,
secured by selected equipment.                $               $12,112

Loan Payable                                   14,222          10,000

Bridge loan secured by promissory note
due and payable interest 10%                   26,786           27,341

Convertible Notes Payable
Under a private placement issue, Stock
is sold along with convertible notes.
Since these unsecured notes can be
converted to stock, they are reported
as long-term debt.                             19,890          18,830
                                             ---------        --------

Total Notes Payable                           $60,898          $68,283

(Less) Current Portion                        (41,008)         (49,453)
                                             ---------        --------

Total Long-Term Debt                          $19,890          $18,830
                                             ---------         --------

Scheduled future maturities of notes payable at February 28,2006 are as
follows:

         2007              $41,008
         2008                -
         2009                -
         2010                -
         2011 & after      $19,890








NOTE 5 - Related Party Transactions
                                            February 28     February 28
                                               2006              2005

Monies have been advanced to the Company
by the Company's principal shareholder.
 The amount due is:                         $733,452           $611,611


During the years ended February 28,2006 and February 28,2005 the Company
accrued rent and interest to its principal stockholder of $142,000 and $129,000
respectively.

The company rents its facilities at 6125 Edna, Las Vegas, Nevada on a month to
month tenancy from its principal stockholder.   The Company recognized rent
expense of $76,200 for the years ended February 28,2006 and 2005.



NOTE 6 - Common Stock

Four convertible notes totaling $9,600 plus interest of $10,290 for a total of
$19,980 remain from a private placement previously issued.  These notes bear
interest at 10%.

As of February 29,2006 there are 32,322,444 shares issued and outstanding. Of
this amount, 6,138,767 shares are free trading whereas, 26,183,677 shares are
still restricted subject to Rule 144 of the 1933 Securities and Exchange Act.

An existing stock warrant plan, expiring February 28,2009, provides for
two previous members of the Board of Directors to receive a total of 325,000
stock warrants at $.25 per share. No warrants have been exercised.



NOTE 7- Recapitalization of Equity

As of February 29,1996 the Company had ceased its activities and operations
with the United States Postal Service and the Kiosk Program.  Management,
desiring to measure the results and activity of what it has strived to do since
February 29,1996, has recapitalized its equity accounts retroactively with an
effective date as of February 28,1999.  Accordingly, the entire accumulated
deficit reported at February 29,1996 of $755,999 has been reclassified against
Paid in Capital and eliminated the accumulated deficit reported as of February
29,1996.

..

NOTE 9 -  Going Concern
The Company has suffered significant losses the past two years.  Unless
significant additional cash flows come into the Company, or a major reduction
in operating losses occur, the Company could be in jeopardy of continuing
operations.  The Company seeks to generate needed funds to continue on going
operations from joint ventures, the sale of Company stock through a Private
Placement and/or advances from the primary shareholder.

<PAGE>

NOTE 10 - INCOME TAXES
                                           February 28      February 28
                                               2006              2005

The provision for income taxes consisted of:


Current income taxes
         Federal                             $   -            $   -
         State ( Nevada )                    $   -            $   -

Total                                        $   -            $   -


The provision for income taxes is different from that which would be obtained
by applying the statutory Federal income tax rate to income (loss) before
income taxes.  Income taxes are reported on a cash basis.  In addition, no tax
deduction is claimed for monies accrued and due the principal shareholders and
officers until such amounts are paid in cash or cash equivalents.  The items
causing timing differences are:

                                           February 28      February 28
                                               2003              2005

Tax expense (benefit) at
     U.S. statuatory rate                   $(145,000)       $(100,000)
State income taxes, net of
     Federal benefit (Nevada)
Valuation allowance                           100,000           50,000
Due to stockholders                            45,000           50,000

Total                                            -                -

The tax effects of temporary differences that give rise to significant
portions of the deferred tax assets and deferred tax liabilities at:

                                            February 28     February 28
                                               2006              2005

Deferred tax assets:
    Net operating loss carryforward        $1,195,000        $1,050,000

Total gross deferred tax assets            $1,195,000        $1,050,000

(Less) valuation allowance                  ($950,000)       ($850,000)

Net deferred tax assets                       245,000          200,000

Deferred tax liabilities
    Accounts payable
    Payable to stockholder                   (245,000)        (200,000)

Total gross deferred tax liabilities         (245,000)        (200,000)

Net deferred tax                           $ ---- 0 ----    $ --- 0 ----

There were no payments made for income taxes in fiscal years ending the last
day of February 28,2004 and 2003 respectively.

As of February 29,2006, the Company has available for income tax purposes
approximately $3,300,000 in federal net operating loss carry forwards which may
be used to offset future taxable income.  These loss carry forwards begin to
expire in year 2008.  Should the Company undergo an ownership change as defined
in Section 382 of the Internal Revenue Code, the Company's tax net operating
loss carry forwards generated prior to the ownership change will be subject to
an annual limitation which could reduce, eliminate, or defer the utilization of
these losses.





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

None.

ITEM 8A. CONTROLS AND PROCEDURES


Evaluation of Disclosure and Controls and Procedures.  As of the end of the
period covered by this Annual Report, we conducted an evaluation, under the
supervision and with the participation of our chief executive officer and chief
financial officer, of our disclosure controls and procedures (as defined in
Rules 13a-15(e) or 15d-15(e)of the Exchange Act).  Based on this evaluation,
our chief executive officer and chief financial officer concluded that our
disclosure controls and procedures are effective to ensure that information
required to be disclosed by us in reports that we file or submit under the
Exchange Act is recorded, processed, summarized and reported within the time
periods specified in the Securities and Exchange Commission rules and forms.
Changes in Internal Controls Over Financial Reporting.  There was no change in
our internal controls, which are included within disclosure controls and
procedures, during our most recently completed fiscal quarter that has
materially affected, or is reasonably likely to materially affect, our internal
controls.


ITEM 8B.  OTHER INFORMATION

None.

				   PART III
ITEM 9.  DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT;
	    COMPLIANCE With Section 16 (a) of the Exchange Act



NAME              AGE        POSITION/OFFICE          TERM         SERVED SINCE

Kent G. Wyatt Sr.  66   Director, President, CEO      1 yr.         9/92
Sarah E. Wyatt     66   Director, Corporate Secretary 1 yr.         9/92
Glen Schlosser     58   Director, Treasurer           1 yr.         4/02
Michael Edwards    53   Director                      1 yr.         4/02


KENT G. WYATT, SR. - Mr. Wyatt CEO and President of Atlantic Syndication
Network, Inc., has over 25 years of experience in business management and
television production.  He acts as Executive Producer and Producer of the
various projects undertaken by the Company, sharing creative control and final
approval of production at various stages with each participating Producer and
Director.

Mr. Wyatt attended the University of Colorado where he majored in business
administration.  He has been a California real estate broker and investor for
over 25 years.  During this period, he acted as a business consultant to
hundreds of small businesses and authored numerous books dealing with sales and
marketing including books on how to start and manage your own business.

<PAGE>

He spearheaded ASNi's entry into advertising and multimedia communication with
Point-of-Sale advertising Kiosks which were placed in the United States Post
Offices and other high profile locations. He was the Executive Producer and
Producer of shows such as "This is San Francisco", which featured many
entertainment and celebrities such as Rod Stewart, Trini Lopez, Alice Cooper,
Beach Boys, Pointer Sisters, Dr. John and outstanding professional guests such
as Melvin Belli. Mr. Wyatt has produced weekly series and television specials,
and sold, written and produced commercials for advertising clients such as: The
U.S. Postal Service, New York Life Insurance, Thrifty Car Rental, Prudential
Life Insurance, Godfather's Pizza Chain and others.

GLEN SCHLOSSER - Mr. Schlosser, Treasurer and Director, brings 30 years of
combined experience in finance, accounting, and business to the Registrant.  He
served as Vice President of Finance and Accounting/CFO at Virgin Mountains
Enterprises for 4 years as a casino general manager. His  experience also
includes 8 years as a chief financial officer.

As a financial consultant to Station Casinos, Inc. he organized the Year-end
Audit Work Papers and standardized the General Ledgers within the Station's
organizations. He designed and implemented month-end Management Financial
Reports to encompass the various Station Casino Properties.

As Controller/Accounting Manager for the Stations Casino Division, he prepared
the Annual Budgets as well as the Federal and State Tax Returns for the Parent
Company and 17 subsidiaries.

Mr. Schlosser has a BS in Accounting and Business Administration from
Youngstown State University.

SARAH E. WYATT - Ms. Wyatt has extensive business and management experience and
is well qualified as Registrants Administrative Officer, Corporate Secretary
and Director. She manages client relations and coordinates production personnel
and studio facilities.
She is Co-Producer and senior writer of the Intervention Show videotapes. She
is Co-Producer of the show, "Masters of the Martial Arts starring Sho Kosugi"
in addition to writing and developing the narration for the weekly series.

She supervised the commercial advertising production for Ad Show Network, the
predecessor to ASNI. She owned and operated a wholesale art business for the
design trade, owned and managed commercial properties for many years and
maintained a California real estate license for over 20 years. She has a degree
in French from The Union Institute.

Kent and Sarah Wyatt are married.

MICHAEL EDWARDS - Mr. Edwards is a member of ASNi's Board Of Directors.  As
president of Premier Attractions in excess of 10 years, a Hollywood independent
film and television production company, his experience includes many aspects of
production, domestic and international distribution, syndication, marketing,
advertising and writing.

As a veteran Television and Film Director and Member of The Directors Guild of
America (DGA), Mr. Edwards brings his talent and credibility to ASNi
productions in various areas from planning and writing of projects to program
production and distribution.

His financial background covers international banking, import-export trade,
asset management, and international management.  With graduate degrees in
Psychology and Communications (MSc.) he provides unique talent and skills for
the overall growth of the Company.
<PAGE>

The Company does not have an audit committee financial expert as its business
is still developing.

Section 16(a) Beneficial Ownership Reporting Compliance
To our knowledge, based solely on review of Forms 3 and 4 and amendments
thereto and Forms 5 and amendments thereto and any other written
representations furnished to us during the fiscal year ended February 28, 2006
our officers, directors, and greater than ten percent beneficial owners
complied with all Section 16(a) filing requirements applicable to them except:

Code of Ethics

We have not yet adopted a code of ethics.

ITEM   10.    EXECUTIVE   COMPENSATION

    SUMMARY    COMPENSATION TABLE    LONG  TERM

              Annual Compensation            Awards  Payouts

Name-Principal  Yr  Compensation Bonus     Other 	 Restricted   Options
LTIP
POSITION                                 Payable  Stock Award  SARs(Layouts($)

KENT G.WYATT   2006   $70,000    N/A        N/A       N/A      N/A     N/A
CEO/Pres.
		   2005   $10,000 *  N/A        N/A       N/A      N/A     N/A

SARAH E WYATT  2006   $40,000    N/A        N/A       N/A      N/A     N/A
Corp.Sec.
       	   2005   $10,000 ** N/A        N/A       N/A      N/A     N/A

<PAGE>
* Although the Board approved compensation of $120,000 for Mr. Wyatt and
$60,000 respectively for Ms. Wyatt for the fiscal year, each of the parties
agreed to waive part and accrue part of the compensation.

* Mr. Wyatt has agreed to accept $70,000. as compensation due.

** Ms. Wyatt has agreed to accept $40,000. as compensation due.

Employment Contracts:  Other than the annual compensation established each
year by the Board of Directors for the CEO/ President and Corporate
Secretary, there are no employment contracts in place.

There are no SAR's.

Long Term Incentive Plan ("LTIP") Awards - There are no long-term incentive
plans in place. The Board has authorized management of the Registrant to
investigate various insurance programs and to use its discretion to secure a
program; which, if purchased, would also provide for management succession and
continuation of Registrant operations.

Compensation of Directors:   There is no cash compensation for directors other
than expenses directly associated with Director Meetings. Two of the previous
Directors were granted a total of 325,000 warrants at $.25 on May 4, 1999. The
warrants were granted for director services and commitments to advise the
Registrant. The warrants expire on February 28,2009.  No warrants have been
exercised to date.

<PAGE>



ITEM 11.     SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED STOCKHOLDER MATTERS

	The following table sets forth information as to the shares of common
stock owned as of February 28, 2006.

	1.  Each person who beneficially owns, so far as the Registrant has been
able to ascertain, more than 5% of the 32,322,444 actual outstanding shares of
the Registrant. An additional 1,630,000 lost/ cancelled and replaced shares
remain outstanding on the books.

	2.  Each director.

	3.  Each of the officers named in the summary compensation table.

	4.  All of the directors and officers as a group. Unless otherwise
indicated  in the footnotes below are subject to community property  laws where
applicable, the persons as to whom information is given has sole investment
power over the shares of common stock.

Unless otherwise noted, all addresses are c/o Atlantic Syndication Network,
Inc. 6125 West Edna, Las Vegas, Nevada 89146.



TITLE OF    PRINCIPAL AND/OR       	   AMOUNT AND NATURE OF        PERCENT
OF CLASS    BENEFICIAL OWNER           BENEFICIAL OWNER            OF CLASS

Common      Kent G. Wyatt             8,810,000 (1)              27.25 %
Common      Sarah E. Wyatt            6,040,000 (1A)             18.68 %
Common 	K & S Wyatt (J/T)		  1,080,000 (1)(1A)           3.84 %
Common      Glen Schlosser              235,000 (2)              .8538 %
Common      Michael Edwards.            110,000 (3)              .3633 %
       	Officers and Directors	  16,275,000(1)(1A)           50.35%
		As a group


(1) Kent Wyatt is President / CEO and beneficial owner of 8,810,000 shares
listed plus shares 1,080,000 shares held in joint-tenancy (J/T) with Sarah
Wyatt, and as trustee, 400,000 shares held in-trust for Kent Wyatt Jr. and Lisa
Wyatt. Further, since Kent and Sarah Wyatt are married, Mr. Wyatt may be deemed
the indirect beneficial owner of the 6,040,000 shares owned by Ms. Wyatt.

(1A) Sarah Wyatt is Secretary, Director and beneficial owner of 6,040,000
shares listed plus 1,080,000 shares held in joint-tenancy (J/T) with President
/ CEO and husband Kent Wyatt. Further, since Kent and Sarah Wyatt are married,
Ms. Wyatt may be deemed the indirect beneficial owner of the 8,810,000 shares
owned by Mr. Wyatt.


(2) Glen Schlosser, Treasurer, Director and beneficial owner of 235,000 shares
at fiscal year-end.

(3) Michael Edwards, Director and beneficial owner of 110,000 shares at fiscal
year-end.

(4) Percentages are based on 32,322,444 actual shares outstanding at February
28, 2006. An additional 1,630,000 shares which were lost/cancelled and replaced
remain outstanding on the corporate books.
<PAGE>

ITEM 12.   CERTAIN RELATIONSHIPS and RELATED TRANSACTIONS

There have been no material transactions in the past two years or proposed
transactions to which the Company has been or proposes to be a party in which
any officer, director, nominee for officer or director, or security holder of
more than 5% of the Company's outstanding securities is involved other than the
corporate offices and production facility the company rents under a standard
commercial property month to month lease from Kent Wyatt Sr., President and CEO
and a majority stockholder.

ITEM 13.   EXHIBIT LIST

See most recent FORM 10SB/A filing for Articles of Incorporation and By-Laws
Certificate Amending Articles of Ad Show Network, Inc. to Atlantic Syndication
Network, Inc. Articles of Incorporation ( Casino Consultants, Inc.)  By-Laws of
Registrant, all Material Contracts and Exhibits.
10.1	2005 Non-Qualified Stock and Stock Option Plan*
31.1 	Certification of Chief Executive Officer	Filed herewith
31.2	Certification of Chief Financial Officer	Filed herewith
32.1	Section 1350 Certifications Filed herewith

* Filed with Form S-8 on March 11, 2005.

ITEM 14.   PRINCIPAL ACCOUNTANT FEES AND SERVICES

General. Larry O'Donnell, CPA, P.C. (O'Donnell) is the Company's principal
auditing accountant firm.  The Company's Board of Director's is responsible for
all pre-approval policies and procedures for auditors and has considered
whether the provision of audit services is compatible with maintaining
O'Donnell's independence.

Audit Fees:  Mr. O'Donnell billed an aggregate of _$6,000 and $7,000
for audit of the registrant's annual financial statements and review of
financial statements in the registrants Form 10-QSB for the last two fiscal
years ended February 28, 2005 and February 28, 2006.

Audit-Related Fees: $4,200. And  $5,200.  respectively

Tax Fees: NA

All Other Fees: NA



		   		    SIGNATURES

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


						Atlantic Syndication Network, Inc.


	Dated May 27, 2006		   By: /s/ KENT G. WYATT, SR.

							_____________________
							Kent G. Wyatt, Sr.
							President and Chief
							Executive 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.

	Signature			Title					Date

	By: /s/ KENT G. WYATT, SR.
      __________________
	Kent G. Wyatt, Sr.	President/CEO              May 27, 2006
					Director

      By: /s/ Glenn Schlosser
      __________________
	Glenn Schlosser		Treasurer  CFO, Principal
	                        CFO Principal Accounting    May 27,2006
					Officer /   Director


	By: /s/ SARAH WYATT
      __________________

	Sarah Wyatt			Corporate Secretary	    May 27, 2006
					Director

      By: /s/ MICHAEL EDWARDS
      __________________
	Michael Edwards		Director			    May 27, 2006









Exhibit 31.1
CERTIFICATION

I, Kent Wyatt, certify that:

1. I have reviewed this annual report on Form 10-KSB of Atlantic Syndication
Network, Inc.,

2.  Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report;

3.  Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the small
business issuer as of, and for, the periods presented in this report;

4.  The small business issuer's other certifying officers and I are responsible
for establishing and maintaining disclosure controls and procedures  (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the small business
issuer and have:

a)  designed such disclosure controls and procedures, or caused such disclosure
controls and procedures to be designed under our supervision, to ensure that
material information relating to the small business issuer, including its
consolidated subsidiaries,  is made known to us by others within those
entities, particularly during the period in which this  report is  being
prepared;

b)  evaluated the effectiveness of the small business issuer's disclosure
controls and procedures  and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation;  and

c)  disclosed in this report any change in the small business issuer's internal
control over financial reporting that occurred during the small business
issuer's most recent fiscal quarter (the small business issuer's fourth fiscal
quarter in the case of an annual report)that has materially affected, or is
reasonably likely to materially affect, the small business issuer's internal
control financial reporting;

5.  The small business issuer's other certifying officers and I have disclosed,
based  on our  most  recent  evaluation of internal control over financial
reporting, to the small business issuer's auditors and the audit committee of
small business issuer's board of directors (or persons performing the
equivalent functions):

a)  all significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the small business issuer's ability  to record,
process, summarize and report financial information;  and

b)  any  fraud, whether or not material, that involves management or other
employees who have a significant role in the small business issuer's internal
control over financial reporting.

/S/    Kent Wyatt, Sr.

Kent Wyatt, Sr.
President and Chief Executive Officer
Date: May 27, 2006

Exhibit 31.2

CERTIFICATION

I, Glenn Schlosser, certify that:

1. I have reviewed this annual report on Form 10-KSB of Atlantic Syndication
Network, Inc.;

2.  Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements made, in light of  the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

3.  Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the small
business issuer as of, and for, the periods presented in this report;

4.  The  small business issuer's other certifying officers and I are
responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the small
business issuer and have:

a)  designed such disclosure controls and procedures, or caused such disclosure
controls and procedures to be designed under our supervision, to ensure that
material information relating to the small business issuer, including its
consolidated subsidiaries,  is made known to us by others within those
entities, particularly during the period in which this  report is  being
prepared;

b)  evaluated the effectiveness of the small business issuer's disclosure
controls and procedures  and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation;  and

c)  disclosed in this report any change in the small business issuer's internal
control over financial reporting that occurred during the small business
issuer's most recent fiscal quarter (the small business issuer's fourth fiscal
quarter in the case of an annual report)that has materially affected, or is
reasonably likely to materially affect, the small business issuer's internal
control financial reporting;

5.  The small business issuer's other certifying officers and I have
disclosed, ased  on our  most  recent  evaluation of internal control over
fiancial reporting, to the small business issuer's auditors and the audit
committee of small business issuer's board of directors (or persons performing
the equivalent functions):

a)  all significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the small business issuer's ability  to record,
process, summarize and report financial information;  and

b)  any  fraud, whether or not material, that involves management or other
employees who have a significant role in the small business issuer's internal
control over financial reporting.

/S/    Glenn Schlosser

Glenn Schlosser
Chief Financial Officer
Date: May 27, 2006


Exhibit 32.1

CERTIFICATIONS PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
(18 U.S.C. SECTION 1350)

In connection with the Annual Report of Atlantic
Syndication Network, Inc., a Nevada corporation (the Company), on Form 10-KSB
for the year ended February 28, 2006, as filed with the Securities and Exchange
Commission (the Report), Kent G. Wyatt, Chief Executive Officer of the Company
and Glenn Schlosser, Chief Financial Officer of the Company, respectively, do
each hereby certify, pursuant to section 906 of the Sarbanes-Oxley Act of 2002
(18 U.S.C. section 1350), that to his knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d)
of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material
respects, the financial condition and result of operations of the Company.

/s/Kent G. Wyatt


Kent G. Wyatt
Chief Executive Officer
May 27, 2006


/s/Glenn Schlosser

Glenn Schlosser
Chief Financial Officer
May 27, 2006

[A signed original of this written statement required by Section 906 has been
provided to Atlantic Syndication Network, Inc. and will be retained by the
Company and furnished to the Securities and Exchange Commission or its staff
upon request.]