| **U.S. SECURITIES  AND EXCHANGE COMMISSION   Washington D.C. 20549   FORM 10-QSB** |
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|                                                                               | (x) QUARTERLY  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE        SECURITIES EXCHANGE ACT OF 1934 FOR THE  QUARTERLY PERIOD        ENDED September 30, 2005   OR   ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE        SECURITIES EXCHANGE ACT OF 1934

**Commission File No. 0-27454** |

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| **WORLD WIDE  MOTION PICTURES CORPORATION**  (Name of small business issuer in its charter) |
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| **MICHIGAN**  (State or other jurisdiction   incorporation or organization) | **33-0081215**  (I.R.S. Employer   Identification No.) |
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|   | **2120 MAIN  STREET, SUITE 180, HUNTINGTON BEACH, CA**  (Address of principal executive offices) |    **92648**  (Zip Code) |
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| **(714) 960-7264**  (Issuer's telephone number)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
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|           Indicate  by check mark whether the registrant (1) filed all reports required to be  filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 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 [ ]             Indicate the  number of shares outstanding of each of the Issuer's classes of common stock  as of the latest practical date: 24,233,152 shares of Common Stock (par value  $.001 per share) outstanding on September 30, 2005. |

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**Part I. Financial Information Item 1. Financial Statements F-1**
| WORLD WIDE MOTION  PICTURES CORPORATION   Index to Financial Statements                                                                                         |
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|                                                                                                                                                            | Page |
| Financial Statements:                                                                                                                                           |
|    Consolidated Balance Sheets as of  September 30, 2005         and December 31, 2004                             | F-2 |
|    Consolidated Statements of Operations  for the three         and nine months ended September 30, 2005  and 2004 | F-3 |
|    Consolidated Statements of Cash Flows  for the nine months         ended September 30, 2005 and 2004            | F-4 |
|    Notes to Consolidated Financial  Statements                                                                                                   | F-5 |

**F-2**
| **WORLD  WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES   Consolidated Balance Sheets   As of September 30, 2005 and December 31, 2004**                                                                                                                                                                        |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                               | **September  30,    2005**        (Unaudited) | **December 31,   2004**       |
| **Assets**  Cash                                                                                                                                                                                                                                                                                                   | $      31,723  | $      69,172  |
| Motion picture and television properties, less      accumulated amortization and write-downs of      $6,335,180 and $6,330,466, respectively                                                                                                                                         | 4,284,318  | 4,289,032  |
| Equipment, less accumulated  depreciation of      $14,059 and $10,276, respectively                                                                                                                                                                                                                 | 36,378  | 40,161  |
| Total Assets                                                                                                                                                                                                                                                                                                       | $ 4,352,419  | $ 4,398,365  |
| **Liabilities and Stockholders' Equity**  Liabilities:      Debt                                                                                                                                                                                                                                    | $      25,056  | $      29,116  |
|    Accounts  Payable and Accrued Liabilities                                                                                                                                                                                                                                                        | 2,230  | -  |
|    Total  Liabilities                                                                                                                                                                                                                                                                               | 27,286  | 29,116  |
| Stockholders' Equity:      Preferred Stock, $.01 par value;         authorized 1,000,000 shares,         outstanding 468,217 and 468,217 shares,         respectively (liquidation preference of  $4,682) | 4,682  | 4,682  |
|    Preferred Stock, $10.00 par value;         authorized 100,000 shares,         outstanding 23,000 and 23,000 shares,         respectively (liquidation preference of  $230,000)                         | 230,000  | 230,000  |
|    Common Stock, $.001 par value;  authorized         100,000,000 shares,  outstanding         24,233,152 and 23,781,752 shares,  respectively                                                                                          | 24,233  | 23,782  |
|    Additional Paid-In Capital                                                                                                                                                                                                                                                                       | 10,531,606  | 10,515,795  |
|    Retained  Earnings (deficit)                                                                                                                                                                                                                                                                     | (6,465,388) | (6,405,010) |
|    Total  Stockholders' Equity                                                                                                                                                                                                                                                                      | 4,325,133  | 4,369,249  |
| Total Liabilities and Stockholders' Equity                                                                                                                                                                                                                                                                         | $ 4,352,419  | $ 4,398,365  |

See notes to consolidated financial statements. **F-3**
| **WORLD  WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES   Consolidated Statements of Operations   For the Three and Nine Months Ended September 30, 2005 and 2004   (Unaudited)** |
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|                                                                                                                                                                                 | **Three Months Ended  September 30,** | **Nine Months Ended  September 30,** |
|                                                                                                                                                                                 | **2005**  | **2004**    | **2005**  | **2004**    |
|                                                                                                                                                                                 |
| Operating Revenues                                                                                                                                                                   | $           3,516 | $        20,216 | $         24,459 | $         42,029 |
|                                                                                                                                                                                 |
| Operating Costs and Expenses:                                                                                                                                                        |   |
|    General and Administrative                                                                                                                                              |
|        (including  stock-based                                                                                                                         |
|         compensation of  $16,262; $5,000;                                                                                                         |
|         $16, 262; and  $51,320,                                                                                                         |
|         respectively)                                                                                                                             |              31,512 |             17,676 |             76,354 |             83,181 |
|    Amortization of Motion Picture         and Television Properties                                                                     |                1,388 | 1,388  | 4,714  | 4,164  |
|    Depreciation of Equipment                                                                                                                                          | 1,261  | 1,261  | 3,783  | 3,783  |
|                                                                                                                                                                                 |
|    Total Operating Costs and     Expenses                                                                                                    | 34,161 | 20,325 | 84,851 | 91,128    |
|                                                                                                                                                                                 |
| Income (loss) from Operations                                                                                                                                                        | **(30,645)** | **(109)** | **(60,392)** | **(49,099)** |
|                                                                                                                                                                                 |
| Other Income (expense):                                                                                                                                                              |   |
|    Interest Income                                                                                                                                                    | 179  | 44  | 687  | 92   |
|    Interest Expense                                                                                                                                                   | (175) |             (256) | (673) | (831) |
|                                                                                                                                                                                 |
| Net Loss                                                                                                                                                                             | $      **(30,641)** | $       **(321)** | $    **(60,378)** | $     **(49,838)** |
|                                                                                                                                                                                 |
| Loss Per Share - Basic and Diluted                                                                                                                                                   | $          (0.00) | $      (0.00) | $        (0.00) | $         (0.00) |
|                                                                                                                                                                                 |
| Weighted average number of      common shares outstanding:                                                                                                            |   |
|    Basic                                                                                                                                                              | 24,106,019     | 18,666,752     | 23,889,841   | 15,684,085   |
|    Diluted                                                                                                                                                            | 27,151,287     | 19,432,020     | 25,415,109   | 16,449,353   |
|                                                                                                                                                                                 |   |   |   |   |   |   |

See notes to consolidated financial statements. **F-4**
| **WORLD  WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES   Consolidated Statements of Cash Flows   (Unaudited)**                                                                                                            |
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|                                                                                                                                                                                                                          | **Nine Months Ended  September 30,** |
|                                                                                                                                                                                                                          | **2005**      | **2004**      |
|                                                                                                                                                                                                                          |
| Cash flows from operating activities:      Net income (loss)                                                                                                                                                   | $ (60,378)  | $ (49,838)  |
|    Adjustments to reconcile net income  (loss)         to net cash provided by (used in)  operating activities:         Shares issued for services | 16,262    | 51,320    |
|       Amortization of motion  picture and television properties                                                                                                                                 | 4,714    | 4,164    |
|       Depreciation of  equipment                                                                                                                                                                | 3,783    | 3,783    |
|       Changes in operating  assets and liabilities:            Accounts payable and  accrued liabilities                                           | 2,230    | 35,000    |
|                                                                                                                                                                                                                          |
|    Net cash provided by (used in) operating  activities                                                                                                                                                        | (33,389)   | 44,429   |
|                                                                                                                                                                                                                          |
| Cash flows from investing activities                                                                                                                                                                                          | -    | -    |
|                                                                                                                                                                                                                          |
| Cash flows from financing activities:      Shares issued in connection with Memorandum of        Understanding                                                                   | -   | 15,000   |
|                                                                                                                                                                                                                          |
|    Net increase (decrease) in debt                                                                                                                                                                             | (4,060)   | (2,000)  |
|                                                                                                                                                                                                                          |
|    Net cash provided by (used in) financing  activities                                                                                                                                                        | (4,060)   | 13,000   |
|                                                                                                                                                                                                                          |
| Net increase (decrease) in cash                                                                                                                                                                                               | (37,449)   | 57,429   |
|                                                                                                                                                                                                                          |
| Cash, beginning of period                                                                                                                                                                                                     | **69,172**    | **25,096**    |
|                                                                                                                                                                                                                          |
| Cash, end of period                                                                                                                                                                                                           | **31,723**    | **82,525**    |
|                                                                                                                                                                                                                          |
| Supplemental disclosures:      Cash payments made during the year:         Interest                                                                                              | 673    | 831    |
|       Income taxes                                                                                                                                                                              | -    | -    |

See notes to consolidated financial statements. **F-5**
| **WORLD  WIDE MOTION PICTURES CORPORATION AND SUBSIDIARIES   Notes to Consolidated Financial Statements   Three and Nine Months Ended September 30, 2005 and 2004   (Unaudited)**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
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| **1.   Interim  Financial Statements**  The unaudited financial statements as of September 30, 2005 and for the three  and nine months ended September 30, 2005 and 2004 have been prepared in  accordance with accounting principles generally accepted in the United States  for interim financial information and with instructions to Form 10-QSB. In  the opinion of management, the unaudited financial statements have been  prepared on the same basis as the annual financial statements and reflect all  adjustments, which include only normal recurring adjustments, necessary to  present fairly the financial position as of September 30, 2005 and the  results of operations and cash flows for the three month and nine month  periods ended September 30, 2005 and 2004. The financial data and other  information disclosed in these notes to the interim financial statements  related to these periods are unaudited. The results for the three month and  nine month period ended September 30, 2005 are not necessarily indicative of  the results to be expected for any subsequent quarter of the entire year  ending December 31, 2005. The balance sheet at December 31, 2004 has been  derived from the audited financial statements at that date.  Certain information and footnote disclosures normally included in financial  statements prepared in accordance with accounting principles generally  accepted in the United States have been condensed or omitted pursuant to the  Securities and Exchange Commission's rules and regulations. These unaudited  financial statements should be read in conjunction with our audited financial  statements and notes thereto for the year ended December 31, 2004 as included  in our report on Form 10-KSB.**2.   Description of Business**  World Wide Motion Pictures Corporation ("WWMPC") was incorporated  in Michigan on December 9, 1980. WWMPC and its subsidiaries (collectively,  the "Company") acquire, produce, finance, develop, and distribute  motion picture and television properties and render consulting services to  the entertainment industry.**3.   Motion Picture and Television Properties**  At September 30, 2005, motion picture and television properties consist of: |
|   | Library of completed motion pictures     and television productions | $   9,713,549                 |   |
|--------|------------------------------------------------------------------------------------|---------------------------------------------------|--------|
|   | Screenplays and development costs                                                  |       905,949  |        |
|   |                                                                                    |
|   | Totals                                                                             | 10,619,498                                   |        |
|   |                                                                                    |
|   | Accumulated amortization and write-downs                                           |   (6,335,180)                           |        |
|   |                                                                                    |
|   | Motion picture and television properties - net                                     | $   4,284,318                 |        |

 
| The majority of the Company's  motion picture and television properties were acquired from third parties in  exchange for shares of WWMPC Common Stock and WWMPC Preferred Stock.  The motion picture and television properties are stated at the lower of  amortized cost or estimated fair value on an individual film basis. Estimated  fair values of the respective properties are based on management estimates of  future revenues from the respective properties. Actual future revenues from  these properties may differ materially from such estimates as a result of  many factors, including the amount of capital available to exploit the  properties. **4.   Preferred Stock**  Three series of preferred stock issued in 2002 totaling 285,000 preferred  shares provided for conversion rights to common stock at a rate of 2 shares  common for each share preferred until June 30, 2005. On June 30, 2005, the  rate for these three series of preferred stock increased to 10 shares common  for each share preferred. Accordingly, the number of shares of common stock  which preferred stock is convertible into increased on June 30, 2005 to a  total of 3,045,268 shares of common stock.**5.   Commitments and Contingencies**  Employment agreement - On October 20, 1983, WWMPC executed an agreement with  its president (hereafter, "Hancock"). The agreement provided that  Hancock will be the chief executive officer of WWMPC until April 1, 2012  (April 1, 2022, if renewed by Hancock). Under the agreement, Hancock is  entitled to an annual salary of $85,000 per year for 1983 and annual salaries  thereafter equal to $85,000 plus annual increases equal to the greater of (a)  $15,000 or (b) proportionate increases in the Consumer Price Index, plus up  to 5% of certain revenues earned by the Company. Hancock has waived unpaid  compensation due him as of September 30, 2005.  Stock Issuance - For the nine months ended September 30, 2005, the Company  issued 451,400 shares for services (valued at $16,262) and no shares for the  acquisition of product or cash.

Lease agreement - The Company  leases its office in Huntington Beach, California under a one year lease  expiring December 2005 at rentals of $736 per month.  Acquisition agreement - On October 14, 2005, the Company and Buckeye Ventures  Inc. and certain subsidiaries and shareholders of Buckeye  ("Buckeye") entered into a Share Exchange (reverse acquisition)  Agreement wherein all of the shareholders of Buckeye will exchange their  shares for approximately eighty percent (80%) of the outstanding shares of  the Company. Buckeye will become a wholly owned subsidiary of the Company and  the Buckeye shareholders will become the controlling shareholders of the  Company. The Company will continue its existing business as an unencumbered  subsidiary of Buckeye. The Exchange (reverse acquisition) is contingent upon  the consummation of all remaining documentation and shareholder approval. |
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| **Item 2. Management's Discussion and Analysis or Plan of Operation**  Management's discussion and analysis of financial condition and results of  operations should be read in conjunction with the consolidated financial  statements and related notes.**RESULTS OF OPERATIONS**

**Three Months Ended September 30, 2005 Compared to  Three Months Ended September 30, 2004**

Net loss increased $30,320 from $321, or $.00 per share,  in 2004 to $30,641, or $.00 per share, in 2005.  The increased loss was  due primarily to $16,700 lower operating revenues and $13,836 higher  operating costs and expenses.

Operating revenues decreased $16,700 (83%) from $20,216  in 2004 to $3,516 in 2005.  The decrease was due primarily to  substantially lower revenues from the distribution of the feature length films  entitled “Amy,” “Ninth Street,” and “Shattered  Illusions.”

Operating costs and expenses increased $13,836 (68%) from  $20,235 in 2004 to $34,161 in 2005.  The increase was due primarily to  the $11,262 higher stock-based compensation in 2005.  In 2004, 500,000  shares of common stock (valued at $.01 per share) were issued for services;  in 2005, 451,400 shares of common stock (valued of prices ranging from $03 to  $.05 per share) were issued for services.  

**Nine Months Ended September 30, 2005 Compared to Nine  Months Ended September 30, 2004**

Net loss increased $10,540 from $49,838, or $.00 per  share, in 2004 to $60,378, or $.00 per share, in 2005.  The increased  loss was due primarily to $17,570 lower operating revenues, offset partially  by $6,277 lower operating costs and expenses.

Operating revenues decreased $17,570 (42%) from $42,029 in  2004 to $24,459 in 2005.  The decrease was due primarily to lower  revenues from the distribution of “Amy,” “Ninth  Street,” and “Shattered Illusions.”

Operating costs and expenses decreased $6,277 (7%) from  $91,128 in 2004 to $84,851 in 2005.  The decrease was due primarily to  $35,058 lower stock-based compensation in 2005, offset partially by higher  salaries.  In 2004, 5,132,000 shares of common stock were issued for  services; in 2005, 451,400 shares of common stock were issued for services.

The Company derives its revenues from the licensing of its  newly created film and television productions, the licensing of its inventory  of previously produced films or television productions and fees received for  professional services provided to the industry. The Company also receives  revenue for the marketing and distribution of product produced or owned by  third party producers and production companies. The generation of revenue in  the motion picture and television industry is highly competitive which may  have a material impact on the Company's financial statements.  The following table presents selected financial data for the periods  indicated. |
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|   |          | **Three Months  Ended**                           |
|--------|---------------|---------------------------------------------------|
|   |          | Sep 30,  2004                                     | Dec 31,  2004 | Mar 31,  2005 | Jun 30,  2005 | Sep 30,  2005 |
|   |               |                                                   |  |
|   | Cash          | $      82,525  | $      69,172  | $      54,865  | $      44,336  | $      31,723  |
|   | Assets        | 4,414,867                                    | 4,398,365  | 4,380,859  | 4,367,681  | 4,352,419  |
|   | Total Income  | 70,260                                       | 322  | 12,644  | 8,807  | 3,695  |
|   | Debt          | 28,833                                       | 29,116  | 32,121  | 28,169  | 27,286  |
|   | Total Expense | 20,581                                       | 21,823  | 33,155  | 18,033  | 34,336  |
|   | Income (Loss) | 49,679                                       | (21,501) | (20,511) | (9,226) | (30,641) |
|   | Equity        | 4,351,034                                    | 4,369,249  | 4,348,738  | 4,339,512  | 4,325,133  |

 
| The Company has presented a consolidated balance sheet  which includes four wholly-owned active subsidiaries: World Wide Productions  Inc., World Wide Film & Television Institute, World Wide Entertainment  Inc. and World Wide (Pat Publishing Inc.). The Company's charter allows it to  branch into diversified fields of enterprise provided management concludes  there is a significant potential for profit. It is the decision of management  to continue the Company's operations in the motion picture and television  industry, but since the primary business objective of the Company is to  increase the value of its stockholders' equity, if and when opportunities  arise to make profits for the corporation in a diversified industry, the  Company shall investigate and if appropriate, pursue such opportunities. The  motion picture and television segment of the Company's current or planned  operations is the only segment material to the Company's financial statements  or condition.  The Company's motion picture and television participation strategy has been  to expend its resources and to set in place relationships and contracts in  preparation for the continued development, acquisitions, production and/or  marketing/distribution of quality moderate budget feature length motion  pictures, documentaries, docudramas and television productions. The strategy  additionally includes the acquisition of screenplays and teleplays suitable  for development/packaging and completed motion pictures and television  projects for licensing and marketing/ distribution opportunities for all  applicable sales territories throughout the world. At such time that  sufficient additional working capital is secured, it is the Company's opinion  that substantial revenue will be generated by the existing film and  television library and future distribution of potential new product,  ultimately realizing its projected return on investment. Currently,  arrangements and contractual participation by the Company in various feature  film and television productions over the last 5 years include gross and net  revenue participations in the following feature film and television  productions responsible for worldwide revenue potential including all markets  and all media wherein the particular production is distributed:  (1) In 1997 and 1998, post production and distribution preparation of the  documentary entitled THE OUTLAW TRAIL, 100 YEARS REVISITED, in association  with Western Sunset Films, an 8-year old Los Angeles based documentary  production company. (2) In 1998, development and production of the series  television production entitled CLASSIC CAR, in association with SLIM, Inc., a  6-year old Los Angeles based television production company. (3) In 1999, the  acquisition and preparation for marketing and distribution of the feature  film entitled WHAT'S IN A COOKIE produced by production company Rocinante  Productions Inc. and providing 50% of gross revenue participation to the  Company in perpetuity. (4) In 2000, the acquisition and preparation for  marketing and distribution of the feature films entitled MALEVOLENCE and THE  SECOND COMING produced by production company Sig Larsen Productions Inc. and  providing 50% of gross revenue participation to the Company in perpetuity.  Other arrangements include preparation for Internet marketing and  distribution of a feature length film acquired by the Company entitled  CITIZEN SOLDIER originally produced by M&D Productions, an 18-year old  Los Angeles based film production company, purchased by the Company in 1995  and providing a 60% gross revenue participation to the Company in perpetuity.  In 1998, all financing for the completion of the feature length production  entitled SHATTERED ILLUSIONS featuring Morgan Fairchild, Bruce Weitz, Richard  Lynch and Dan Monahan was secured and the production was completed. In 1999, the  Company entered into an Agreement with representative RGH/Lions Share  Pictures Inc., a 16-year old, Los Angeles based distribution company for the  purpose of conducting all foreign sales arrangements of the film.  In August, 1999, the Company entered into an Agreement with Jaguar  Entertainment Inc., a 13-year old Los Angeles based distribution company, for  the purpose of marketing and distributing the feature length motion picture  entitled NINTH STREET featuring Martin Sheen and Isaac Hayes to all domestic  non-theatrical ancillary markets including home video, pay television,  satellite and DVD.  In August and September, 1999, the Company entered into an agreement with GTL  Productions Inc., a 15-year old Omaha based production company for the  purpose of acquiring the domestic and foreign marketing and distribution  rights to a documentary series entitled ON THESE RUINS encompassing the  titles of ANTARTICA, THE GALAPOGOS ISLAND and EASTER ISLAND.  In June, 2000, the Company entered into an Agreement for the development of  an electronic commerce marketing arrangement with Pix Media Inc., a 3 year  old Los Angeles based Internet company, for the purpose of providing a  national and international e-commerce exploitation venue for various titles  within the Company's completed film and television library.  Further, during fiscal year 2000 and in addition to continuing to exploit  existing film and television projects such as the feature length films  entitled "Shattered Illusions" and "Ninth Street", the  Company negotiated and signed a North American Distribution contract on June  17, 2000, for the theatrical and ancillary exploitation of a full length  feature film entitled "Amy". The Company also executed an Agreement  on June 20, 2000 for the complete purchase of two full length feature films  entitled "Malevolence" and "The Second Coming" from Sig  Larsen Productions Inc. in Los Angeles, California, which includes all  foreign and domestic rights to each film; a domestic U.S. only, Distribution  Agreement was executed with a sub-agent for First Motion Picture Inc. in  Toronto, Ontario, Canada, on March 27, 2000, for the exploitation of  ancillary rights to the full length feature film entitled "Jigsaw";  and on May 8, 2000, a domestic U.S. Distribution Agreement was executed with  Praxis Entertainment Inc. in Dallas, Texas for the exploitation of ancillary  rights to five full length feature films entitled "Flying Changes",  "Winning Colors", "Shadow Dancer", "Trance",  and "Corndog Man".  In February, 2001, the Company commenced theatrical marketing and  distribution of the feature film entitled "Amy" with a Los Angeles  premier of the film at the AMC Century City theaters, the MANN Westwood  Cinema, the Loew's Cineplex, Beverly Center and throughout the Edwards  theater circuit in Orange County, California. During the first and second  quarters of 2001, the theatrical showings of the film continued with a  rollout across the United States in cities including New York, Detroit,  Seattle and Palm Springs.  In 1999, 2000,2001,2002, 2003, 2004 and the first three quarters of 2005  certain other film and television participations of the Company included  development and packaging arrangements, the Company's review and in certain  cases, advice and counsel on screenplays and screenplay development scenarios  for the subsequent possible packaging and production and distribution of a  particular project. The most significant of these productions, their  production companies, and percentage of future gross revenue allocated to the  Company, were the feature length film entitled CORKLESBY offered by  co-production company Northstar Entertainment Inc., a 5-year old Los Angeles  based production company, (50%); and the feature length film entitled ALONG  FOR THE RIDE offered by production company Wittman Productions Inc., a 5-year  old Los Angeles based production company, (50%). In 2000, the Company  prepared for production, began distribution and entered negotiations.  The Company experienced no material changes during the first three quarters  of 2005 regarding its operations or its financial position relative to first  three quarters of 2004. There are no seasonal or other factors regarding the  Company's intra-year operations that require explanation of a percentile  swing in inter-quarter reports.**GENERAL**  In fiscal 2004 and the first three quarters of 2005 the Company continued its  involvement in a variety of film and television projects relative to  development, acquisitions, packaging, production and marketing/distribution  activities. The Company also continued to pursue potential diversified  business opportunities that have cash flow possibilities. Management believes  that a film or television production's economic success is dependent upon  several overlapping factors including general public appetite of a potential  genre or performer at the time of release, domestic and international  marketing philosophy, applicable usage of existing and new and emerging  technology, advertising strategy with resultant penetration and the overall  quality of the finished production. The Company's film and television  productions may compete for sales with numerous independent and foreign  productions as well as projects produced and distributed by a number of major  domestic and foreign companies, many of which are units of conglomerate  corporations with assets and resources substantially greater than the  Company's. Management of the Company believes that in recent years there has  been an increase in competition in virtually all facets of the Company's  business. Specifically, the motion picture industry competes with television  and other forms of leisure-time entertainment. Since the Company may for  certain undetermined markets and products distribute its product to all  markets and media worldwide, it is not possible to determine how its business  as a whole will be affected by these developments and accordingly, the  resultant impact on the financial statements. The Company has currently  obtained or arranged for the investment capital to produce and/or distribute  a minimum of two full length feature films or specialty television  productions within the next two years. In addition to the development,  financing, production, and distribution of motion picture and television  product, the Company expects to continue to exploit a portion or portions of  the Company's completed film and television library to a wide variety of  distribution outlets including network television, cable television,  satellite broadcast, pay-per-view, and home video sales. Specifically, live  action motion pictures are generally licensed for broadcast on commercial  television following limited or wide release distribution to theatrical  outlets (theaters), home video and pay television. Licensing to commercial  television is generally accomplished pursuant to agreements which allow a  fixed number of telecasts over a prescribed period of time for a specified  license fee. Television license fees vary widely, from several thousand to  millions of dollars depending on the film or television production, the  number of times it may be broadcast, whether it is licensed to a network or a  local station and, with respect to local stations, whether the agreement  provides for prime-time or off-time telecasting. Licensing to domestic and  foreign television stations (syndication) is an important potential source of  revenue for the Company, although in recent years the prices obtainable for  individual film and television product in domestic syndication have declined  as pay television licensing has grown. The growth of pay television and home  video technologies, i.e. DVD (Digital Versatile Disk) and HDTV (High  Definition Television), has had an adverse effect on the fees obtainable from  the licensing of film and television product to networks and local television  stations. Thereby potentially affecting the Company's ability to generate  substantive revenue from this particular venue; however increasing revenue  potential in other areas. Conversely, the Company may derive revenue from the  marketing and sale, either directly or through licensees, of motion pictures  and other filmed or videotaped product on videocassette or Digital Versatile  Disk for playback on a television set or monitor through the use of  videocassette recorders ("VCRs"), digital video disk recorders and  continued advancements of pay television (cable), satellite broadcast  technologies, and Internet applications domestically and internationally. The  Company currently holds the distribution rights to 314 motion picture and  television titles. The revenue competition relative to existing or pending  exploitation agreements of the Company's film and television product library  and current and future production and distribution of projects is volatile  due to the many technological and innovative changes in the industry and also  changes regularly occurring in the international economy. Currently,  governmental involvement and international concerns such as pirating of  intellectual property will affect the Company's business prospects.**LIQUIDITY AND CAPITAL RESOURCES**  For the nine months ended September 30, 2004, the Company experienced a net  loss from operations of $49,099 and for the nine months ended September 30,  2005 a net loss from operations of $60,392. At September 30, 2004, the  Company had $82,525 in cash and no cash equivalents and in the same period,  2005, the Company had $31,723 in cash and no cash equivalents. The Company  anticipates that its existing capital resources may be adequate to satisfy  its capital requirements for the foreseeable future. However, to accomplish  the Company's planned activities, it will need to raise additional funds  through public or private financings in the form of debt or equity. The  Company has available substantial loss carry forwards for federal income tax  purposes. The exact amount of the loss carry forwards is uncertain until the  Company reaches an understanding with the Internal Revenue Service in that  regard. In order to finance its operations, working capital needs and capital  expenditures, the Company utilizes revenue from licensing fees, loans, proceeds  from the private sale of equity securities, deferred compensation, profit  participation, and equity in exchange for services and product.  In accordance with the Securities and Exchange Commission "Regulation  D", and subject to Rule 144 restrictions, the Company issued no shares  of its common stock and no shares of its preferred stock for cash and 451,400  shares of its common stock and no shares of its preferred stock for product  and services acquired by or provided to the Company in the first three quarters  ending September 30, 2005.  The Company currently utilizes a one hundred thousand ($100,000) dollar  primary line of credit with the Wells Fargo Bank of California and Citibank,  to accommodate its daily cash flow needs and occasionally uses its credit lines  at other financial institutions and with its vendors and suppliers.  The Company's principal liquidity at September 30, 2005 included cash of  $31,723 and no accounts receivable and in period ending September 30, 2004  included cash of $82,525 and net accounts receivable of $15,500. The  Company's liquidity position has remained sufficient enough to support  on-going general administrative expense, pilot programs, strategic position,  and the garnering of contracts, relationships and film and television product  for addition to the Company's library, and the financing, packaging,  development and production of two feature films and specialty television  projects. Although the Company during 2003 and 2004 and the first three  quarters of 2005 experienced revenue, unless the Company has an influx of  additional capital, the Company will not be able to accomplish its planned  objectives and revenue projections. Accordingly, the Company may resolve and  provide for its liquidity needs as well as provide for the needed capital  resources to expand its operations through a future proposed public offering  of its common shares to the public. It is anticipated that such an offering  will commence within the next 24 months for an amount to be determined by the  Company and underwriter(s) if any. To meet the Company's interim liquidity  and capital resources needs while the Company's contemplated public offering  is being prepared and examined, the Company is presently investigating the  possibilities of future loans and is considering future sales of unregistered  common equity to accredited investors under one or more exemptions that  provide for the same. In the event a loan is obtained, one of the terms may  provide that the same be repaid from the proceeds derived from the Company's contemplated  public offering. A primary use of public offering proceeds would be the  further exploitation of the Company's current completed product film and  television library, participations in completed films, and the continued  development, production and marketing/distribution of new film and television  production opportunities.  The Company on Oct 14, 2005 entered into a share exchange (reverse  acquisition) agreement where in all of the shareholders of Buckeye Ventures  Inc. will exchange their shares for approximately 80% of the outstanding  shares of the company.  Buckeye will then become a wholly owned  subsidiary of the Company and the Buckeye shareholders will become the  controlling shareholders of the Company.  The Company will continue its  existing business as an unencumbered subsidiary of Buckeye.  The  exchange (reverse acquisition) is contingent on the consummation of all  remaining documentation and shareholder approval.  Buckeye Ventures Inc.  is a company formed for the purpose of acquiring Heating, Ventilation, and  Air Conditioning Service (HVAC) companies.  Buckeye has acquired a  successful HVAC operation in the Boston, MA vicinity and has Letters of  Intent from other facilities located in Las Vegas, Sacramento, and San  Francisco.  

 

In 1997 and 1998, management  revalued its inventory based on management's receipt of commentary from the  Securities and Exchange Commission, with an additional appraisal of potential  resale value, worthiness as works of art, and potential licensing  capabilities, resulting in a reduction in management's estimate of a net  realizable value in 1997 of $4,091,950 and in 1998 of $3,868,380. The results  of the reevaluations effectuated in 1997 and 1998 resulted in a substantial  reduction in book value of approximately 51% for those items. Further, at  year end December 31, 2003, management relative to current world events,  industry developments, governmental policy and new accounting standards  effected a substantial additional write-down of inventory value.  The Company expects its motion pictures and television marketing operations  to expand considerably over the next three years. The current inventory and  contracts acquired by the Company are now beginning to be more vigorously  exploited. As the Company's focus moves from extensive accumulation of  product and contracts in an ownership capacity to capital acquisition  specifically for marketing purposes using recently developed technologies.  Although the Company is conservative regarding its policy concerning the use  of borrowed operating capital, it is now in a position to use its reputation  and contacts in the industry to leverage operating funds profitably.

Assuming the successful consummation of the above referred  to share exchange (reverse acquisition), the Company will coordinate with the  new management who are well-known and accomplished professionals in the HVAC  industry.  The Company expects a substantial increase in revenues, cash  flow and profits.  The Company will provide the public with pro forma  data as soon as it is available.  

**DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS AND   MANAGEMENT'S STATEMENT REGARDING INTERIM PERIOD ADJUSTMENTS**  The statements which are not historical facts contained in this Form 10-QSB  are "forward looking statements" within the meaning of Section 27A  of the Securities Act of 1933, as amended, and Section 21E of the Securities  Exchange Act of 1934, as amended, that involve risks and uncertainties. The  words "anticipate", "believes", "expect",  "intend", "may" or similar expressions used in this Form  10-QSB as they relate to the Company or its Management are generally intended  to identify such forward looking statements. These risks and uncertainties  contained in this Form 10-QSB include but are not limited to, product demand  and market acceptance risks, the effect of economic conditions generally and  retail/wholesale in the motion picture and television industry and marketing  conditions specifically, the impact of competition, technological  difficulties, capacity and supply constraints or difficulties, the results of  financing efforts, changes in consumer preferences and trends, the effect of  the Company's accounting policies, weather conditions, acts of God, and other  risks detailed in the Company's Security and Exchange Commission filings. The  Company's management has made all the adjustments relative to the fiscal  yearend statements and the interim period herein, which in the opinion of  management are necessary in order to make the financial statements not  misleading.**Part II. Other Information  Item 1. Legal Proceedings  INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS**  There are no material pending legal proceedings to which the Company is a  party or to which any of its assets are subject. 

  Various legal actions, governmental investigations and proceedings and claims  may be instituted or asserted in the future by the Company or against the  Company and/or its subsidiaries including those arising out of alleged  deficiencies in the company's products; governmental or industry regulations  relating to safety, financial services; employment-related matters;  distributor, exhibitor, co-producer, vendor, supplier, or other contractual  relationships; intellectual property rights; product warranties and  environmental matters. Some of the foregoing matters involve or may involve  compensatory, punitive or anti-trust or other treble damage claims in varying  amounts, environmental remediation programs, sanctions or other relief which,  if granted, would require varying expenditures.  Litigation is subject to many uncertainties, and the outcome of individual  litigated matters is not predictable with assurance. The Company does not  reasonably expect, based on its analysis, that any adverse outcome from such  matters would have a material effect on future consolidated financial  statements for a particular year, although such an outcome is possible.**Item 2. Changes in Securities**  None**Item 3. Defaults Upon Senior Securities**  N/A**Item 4. Submission of Matters to a Vote of Security Holders**  N/A**Item 5. Other Information**  N/A**Item 6. Exhibits and Reports on Form 8-K**

**U.S.    SECURITIES AND EXCHANGE COMMISSION     Washington D.C. 20549**

**FORM 8-K**

Current Report    Pursuant     to Section 13 OR 15(d) of the     Securities Exchange Act of 1934     Date of Report: October 18, 2005

**WORLD WIDE MOTION PICTURES CORPORATION**    (Name of small business issuer in its charter)

**MICHIGAN**    (State or other jurisdiction     incorporation or organization)

**0-27454**    (Commission File No.)

**33-0081215**    (I.R.S. Employer     Identification No.)

**2120 MAIN    STREET, SUITE 180     HUNTINGTON BEACH, CA 92648**    (Address of principal executive offices, including Zip Code) **(714) 960-7264**    (Issuer's telephone number)

 

Check the    appropriate box below if the Form 8-K filing is intended to simultaneously    satisfy the filing obligation of the registrant under any of the following    provisions:

 ̈

Written communications pursuant to Rule 425 under the  Securities Act (17 CFR 230.425)

 ̈

Soliciting material pursuant to Rule 14a-12 under the  Exchange Act (17 CFR 240.14a-12)

 ̈

Pre-commencement communications pursuant to Rule 14d-2(b)  under the Exchange Act (17 CFR 240.14d- 2(b))

 ̈

Pre-commencement communications pursuant to Rule 13e-4(c)  under the Exchange Act (17 CFR 240.13e- 4(c))

 

**Item 1.01 Entry Into Material Agreements**

 

On October 12, 2005, the Company and Buckeye Ventures Inc.  and certain subsidiaries and shareholders of Buckeye ("Buckeye")  entered into a Share Exchange (reverse acquisition) Agreement wherein all of  the shareholders of Buckeye will exchange their shares for approximately  eighty percent (80%) of the oustanding shares of the Company. Buckeye will  become a wholy owned subsidiary of the Company and the Buckeye shareholders  will become the controlling shareholders of the Company. The Company will  continue its existing business as an unencumbered subsidiary of Buckeye. The  Exchange (reverse acquisition) is contingent upon the consummation of all  remaining documentation and shareholder approval.

 

**Item 8.01 Other Events**

 

On October 18, 2005, the Company issued the press release  attached hereto as Exhibit 99.1 announcing the Exchange (reverse  acquisition).

 

**Item 9.01 Financial Statements, Pro Forma Financial  Information and Exhibits.**  (a) Not Applicable   (b) Not Applicable   (c) The following document is filed herewith as an exhibit to this Form 8-K:   Exhibit 99.1 Press Release dated October 18, 2005

**SIGNATURES**

 

In accordance with the requirements of the Exchange Act,  the registrant has caused this report to be signed on its behalf by the  undersigned, thereunto duly authorized.

 

 

WORLD WIDE MOTION PICTURES CORPORATION   (Registrant)

 

Date: October 18, 2005

By: /s/ Larry Epstein, Esq. 

  Larry Epstein, Esq.   Secretary

**EXHIBIT INDEX**

 

**Exhibit No.**

**Description of Exhibits**

99.1

Press Release dated October 18, 2005

 

 

**EXHIBIT 99.1  Press Release Dated October 18, 2005**

 

**WORLD WIDE  MOTION PICTURES CORPORATION   REPORTS ACQUISITION OF NATIONWIDE SERVICE CORPORATION**

LOS ANGELES--(BUSINESS WIRE)--Oct. 18, 2005--World Wide  Motion Pictures Corporation (OTCBB:WWMO - News) today reported that a Share  Exchange Agreement has been executed between WWMO and Buckeye Ventures Inc.  (BVI).

WWMO and BVI have signed the Agreement with the objective  of a full closing of the transaction as soon as all conditions of the  Agreement are satisfied. The arrangement would allow for WWMO to acquire BVI  and its acquisition enterprises.

The acquisition by WWMO of BVI will result in BVI  obtaining fully reporting publicly held status with trading of its securities  on the Electronic Bulletin Board. The shareholders of BVI and affiliates  would own a majority interest in the resulting diversified corporation. WWMO  will continue its business operation unencumbered as a wholly owned  subsidiary. The acquisition is contingent upon the consummation of all  remaining documentation and shareholder approval.

"The company and its advisors have been working  diligently at perfecting this potential acquisition for over 6 months and are  enthusiastic about the potential for the commingling of World Wide's  businesses and philosophies with BVI's highly stable service oriented  enterprise," said Paul Hancock, WWMO's President/CEO.

Hancock further added: "As we previously disclosed in  our last press release and SEC filings, we have been aggressively pursuing  the most appropriate partner organization in order to explore further into  capital markets and take advantage of a wide array of other potential  opportunities including additional diversified business roll-up possibilities  to help increase shareholder value."

BVI, with their very strong experienced management team in  the Retail Home Services Industry, is developing a national brand in a space  where Home Depot and Sears have established recognizable names. Alan Mintz,  CEO, says "I am convinced that this $100 billion plus market is ripe for  a consolidation given its fragmentation." Mintz further added "We  expect to be what Starbucks is to coffee houses, what Blockbuster is to video  rental and what Hertz, Avis and Budget are to auto rental."

Any forward-looking statements contained in this release  reflecting management's best judgment based on factors currently known  involve risks and uncertainties. Actual results could differ materially from  those anticipated in the forward-looking statements included herein as a  result of a number of factors including but not limited to WWMO's and BVI's  ability to enter into various financing programs, roll-up business  acquisitions, competition from other companies, acquisition of suitable  motion pictures, and the performance of films in general licensed by WWMO.

Founded in 1977, World Wide Motion Pictures Corp. is a  diversified company, with shareholders throughout the world, which is  primarily involved in the development, financing, production and distribution  of feature films, documentaries, short subjects, industrials and television  productions. WWMO's industry executives and Board members have produced,  distributed and consulted on a wide variety of film and television projects,  earning Academy Awards, Emmy Awards and prizes from world film festivals. 

 

Contact:   World Wide Motion Pictures Corporation   Jeffrey Brown, 714-960-7264

**SIGNATURES**Pursuant to the requirements of the Securities Exchange Act of 1934, theRegistrant has duly caused this report to be signed on its behalf by theundersigned thereto duly authorized.

 

WORLD WIDE MOTION  PICTURES CORPORATION

 

November 5, 2005

/s/ Paul D. Hancock       Paul D. Hancock       President & Chief Executive Officer

 

November 5, 2005

/s/ A. Robert Sobolik       A. Robert Sobolik       Executive Vice President/Treasurer

 

CERTIFICATION OF CHIEF  EXECUTIVE OFFICER  PURSUANT TO 18 U.S.C. SECTION 1350,  AS ADOPTED PURSUANT TO SECTION 906  OF THE SARBANES-OXLEY ACT OF 2002  In connection with the Quarterly Report of World Wide Motion Pictures  Corporation (the "Company") on Form 10-QSB for the quarterly period  ended September 30, 2005 as filed with the Securities and Exchange Commission  on the date hereof (the "Report"), I, Paul D. Hancock, Chief Executive  Officer of the Company, hereby certify, pursuant to and solely for the  purpose of 18 U.S.C. 1350, as adopted pursuant to 906 of the Sarbanes-Oxley  Act of 2002, that to the best of my knowledge and belief:  (1) The Report fully complies with the requirements of section 13(a) or 15(d)  of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and  (2) The information contained in the Report fairly presents, in all material  respects, the financial condition and results of operations of the Company.

 

/s/ Paul D.  Hancock                     Paul D. Hancock      President and Chief Executive Officer

November 7, 2005  CERTIFICATION OF EXECUTIVE VICE PRESIDENT/TREASURER  PURSUANT TO 18 U.S.C. SECTION 1350,  AS ADOPTED PURSUANT TO SECTION 906  OF THE SARBANES-OXLEY ACT OF 2002  In connection with the Quarterly Report of World Wide Motion Pictures  Corporation (the "Company") on Form 10-QSB for the quarterly period  ended September 30, 2005 as filed with the Securities and Exchange Commission  on the date hereof (the "Report"), I, A. Robert Sobolik, Executive  Vice President/Treasurer of the Company, hereby certify, pursuant to and  solely for the purpose of 18 U.S.C. 1350, as adopted pursuant to 906 of the  Sarbanes-Oxley Act of 2002, that to the best of my knowledge and belief:  (1) The Report fully complies with the requirements of section 13(a) or 15(d)  of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and  (2) The information contained in the Report fairly presents, in all material  respects, the financial condition and results of operations of the Company.

 

/s/ A. Robert  Sobolik                     A. Robert Sobolik      Executive Vice President/Treasurer

November 7, 2005  WORLD WIDE MOTION PICTURES CORPORATION  A Michigan corporation  CERTIFICATION OF CHIEF EXECUTIVE OFFICER  Section 302 Certification  I, Paul D. Hancock, certify that;  (1) I have reviewed this quarterly report on Form 10-QSB of World Wide Motion  Pictures Corporation, a Michigan corporation (the "registrant");  (2) Based on my knowledge, this quarterly 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 quarterly report;  (3) Based on my knowledge, the financial statements, and other financial  information included in this quarterly report, fairly present in all material  respects the financial condition, results of operations and cash flows of the  registrant as of, and for, the periods presented in this quarterly report;  (4) The registrant's other certifying officers and I are responsible for  establishing and maintaining disclosure controls and procedures (as defined  in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:        a) designed such disclosure controls and  procedures to ensure that material information relating         to the registrant, including its  consolidated subsidiaries, is made known to us by others within         those entities, particularly during the  period in which this quarterly report is being prepared;        b) evaluated the effectiveness of the  registrant's disclosure controls and procedures as of a date         within 90 days prior to the filing date  of this quarterly report (the "Evaluation Date"); and        c) presented in this quarterly report our  conclusions about the effectiveness of the disclosure         controls and procedures based on our  evaluations as of the Evaluation Date;  (5) The registrant's other certifying officers and I have disclosed, based on  our most recent evaluation, to the registrant's auditors and the audit  committee of registrant's board of directors (or persons performing the  equivalent functions):        a) all significant deficiencies in the  design or operation of internal controls which could         adversely affect the registrant's ability  to record, process, summarize and report financial data         and have identified for the registrant's  auditors any material weaknesses in internal controls; and        b) any fraud, whether or not material,  that involves management or other employees who have a         significant role in the registrant's  internal controls; and  (6) The registrant's other certifying officers and I have indicated in this  quarterly report whether or not there were significant changes in internal  controls or in other factors that could significantly affect internal  controls subsequent to the date of our most recent evaluation, including any  corrective actions with regard to significant deficiencies and material  weaknesses.

 

Date: November 7, 2005

/s/ Paul D.  Hancock                     Paul D. Hancock      President and Chief Executive Officer

 

WORLD WIDE MOTION PICTURES CORPORATION  A Michigan corporation  CERTIFICATION OF EXECUTIVE VICE PRESIDENT/TREASURER  Section 302 Certification  I, A. Robert Sobolik, certify that;  (1) I have reviewed this quarterly report on Form 10-QSB of World Wide Motion  Pictures Corporation, a Michigan corporation (the "registrant");  (2) Based on my knowledge, this quarterly 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 quarterly report;  (3) Based on my knowledge, the financial statements, and other financial  information included in this quarterly report, fairly present in all material  respects the financial condition, results of operations and cash flows of the  registrant as of, and for, the periods presented in this quarterly report;  (4) The registrant's other certifying officers and I are responsible for  establishing and maintaining disclosure controls and procedures (as defined  in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:        a) designed such disclosure controls and  procedures to ensure that material information relating         to the registrant, including its  consolidated subsidiaries, is made known to us by others within         those entities, particularly during the  period in which this quarterly report is being prepared;        b) evaluated the effectiveness of the  registrant's disclosure controls and procedures as of a date         within 90 days prior to the filing date  of this quarterly report (the "Evaluation Date"); and        c) presented in this quarterly report our  conclusions about the effectiveness of the disclosure         controls and procedures based on our  evaluations as of the Evaluation Date;  (5) The registrant's other certifying officers and I have disclosed, based on  our most recent evaluation, to the registrant's auditors and the audit  committee of registrant's board of directors (or persons performing the equivalent  functions):        a) all significant deficiencies in the  design or operation of internal controls which could         adversely affect the registrant's ability  to record, process, summarize and report financial data         and have identified for the registrant's  auditors any material weaknesses in internal controls; and        b) any fraud, whether or not material,  that involves management or other employees who have a         significant role in the registrant's  internal controls; and  (6) The registrant's other certifying officers and I have indicated in this  quarterly report whether or not there were significant changes in internal  controls or in other factors that could significantly affect internal  controls subsequent to the date of our most recent evaluation, including any  corrective actions with regard to significant deficiencies and material  weaknesses.

 

Date: November 7, 2005

/s/ A. Robert  Sobolik                     A. Robert Sobolik      Executive Vice President/Treasurer

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