---

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

Amendment No. 1 FORM 10-KSB

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

For the fiscal year ended: September 30, 2007

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

For the transition period from _____to ______Commission File
Number: 000-52140

COLOURED (US) INC.(Name of
small business issuer in its charter)

|NEVADA                                           | N/A                                 
|------------------------------------------------ | ------------------------------------
|(State or other jurisdiction of incorporation or | (I.R.S. Employer Identification No.)
|organization)                                    |                                     
|                                                 |                                     
|Suite 3.19, 130 Shaftesbury Avenue, London,      |                                     
|England                                          | WID 5EU                             
|(Address of principal executive offices)         | (Zip Code)                          

Issuers telephone number: +44 (0) 20 7031
1189

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

|Title of each class | Name of each exchange on which registered
|------------------- | -----------------------------------------
|Not Applicable      | Not Applicable                           

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

Common Stock, $0.001 par value(Title of class)

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. [ ]

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

State issuers revenues for its most recent fiscal year.
$Nil

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.)
$4,507,058.80 as at December 20, 2007.

State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date.

38,648,660 shares of common stock as of January 11,
2008.

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

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EXPLANATORY NOTE

This Amendment No. 1 to Form 10-KSB hereby amends the Companys
original Annual Report on Form 10-KSB for the year ended September 30, 2007,
originally filed with the Securities and Exchange Commission on January 15, 2008
(the Original Form 10-KSB), in order to include a revised report of our
independent public accountants, Dale Matheson Carr-Hilton LeBonte LLP, Chartered
Accountants, dated January 11, 2008, on our financial statements for the year
ended September 30, 2007. The report of Dale Matheson Carr-Hilton LeBonte LLP,
Chartered Accountants included with the Original Form 10-KSB was inadvertently
dated January 11, 2007 instead of the correct date of January 11, 2008. There
are no other amendments to our Original Form 10-KSB or the financial statements
included with the Original Form 10-KSB.

- 2 -

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|Item 7. | Financial Statements
|------- | --------------------

The following unaudited condensed consolidated interim
financial statements of Coloured (US) Inc. (the Company) are included in this
Amendment No. 1 annual report on Form 10-KSB:



|                                                                                                                                                                            | Page
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----
|Report of Independent
      Registered Public Accounting Firm                                                                                                               | F-1 
|Report of Independent Registered
      Public Accounting Firm                                                                                                               | F-2 
|Consolidated Balance Sheets as at
      September 30, 2007 and 2006                                                                                                         | F-3 
|Consolidated Statements
      of Changes in Stockholders Deficiency for the period from incorporation
      (May 2, 2003) to September 30, 2007                            | F-4 
|Consolidated Statements of Operations for
      the years ended September 30, 2007 and 2006 and for the period from incorporation
      (May 2, 2003) to September 30, 2007 | F-6 
|Consolidated Statements
      of Cash Flows for the years ended September 30, 2007 and 2006 and for the
      period from incorporation (May 2, 2003) to September 30, 2007 | F-7 
|Notes to Consolidated Financial
      Statements                                                                                                                            | F-8 



- 3 -

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COLOURED (US) INC.

(dba CI Mobile Gaming)

(Formerly Emcor Holdings Inc.)

(A Development Stage Company)

CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2007 and 2006

US FUNDS

REPORT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS DEFICIENCY

CONSOLIDATED STATEMENTS OF OPERATIONS

CONSOLIDATED STATEMENTS OF CASH FLOWS

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

---



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Stockholders and Board of Directors of Coloured (US) Inc.

We have audited the accompanying consolidated balance sheet of
  Coloured (US) Inc. (a development stage company) as of September 30, 2007 and
  the related consolidated statements of operations, stockholders deficiency
  and cash flows for the year then ended and the period from May 2, 2003 (inception)
  through September 30, 2007. These financial statements are the responsibility
  of the Company's management. Our responsibility is to express an opinion on
  these financial statements based on our audit. The consolidated financial statements
  as September 30, 2006 and for the period from May 2, 2003 (inception) to September
  30, 2006 were audited by other auditors whose report dated November 2, 2006
  included an explanatory paragraph regarding the Companys ability to continue
  as a going concern. The consolidated financial statements for the period May
  2, 2003 (inception) through September 30, 2006 reflect a total loss of $3,596,446
  of the related cumulative totals. Our opinion, insofar as it relates to amounts
  included for such periods, is based solely on the report of such other auditors.

We conducted our audit in accordance with the standards of the
  Public Company Accounting Oversight Board (United States). Those standards require
  that we plan and perform an audit to obtain reasonable assurance whether the
  financial statements are free of material misstatement. The Company is not required
  to have, nor were we engaged to perform, an audit of its internal control over
  financial reporting. Our audit included consideration of internal control over
  financial reporting as a basis for designing audit procedures that are appropriate
  in the circumstances, but not for the purpose of expressing an opinion on the
  effectiveness of the Companys internal control over financial reporting.
  Accordingly, we express no such opinion. An audit also includes examining, on
  a test basis, evidence supporting the amounts and disclosures in the financial
  statements. An audit also includes assessing the accounting principles used
  and significant estimates made by management, as well as evaluating the overall
  financial statement presentation. We believe that our audit provides a reasonable
  basis for our opinion.

In our opinion, based on our audit report and the report of other
  auditors, these consolidated financial statements present fairly, in all material
  respects, the financial position of Coloured (US) Inc. as of September 30, 2007
  and the results of its operations and its cash flows for the year then ended
  and the period from May 2, 2003 (inception) through September 30, 2007 in conformity
  with accounting principles generally accepted in the United States of America.

The accompanying consolidated financial statements have been
  prepared assuming that the Company will continue as a going concern. As discussed
  in Note 1 to the financial statements, the Company has not generated revenues
  since inception, has incurred losses in developing its business, and further
  losses are anticipated. The Company requires additional funds to meet its obligations
  and the costs of its operations. These factors raise substantial doubt about
  the Companys ability to continue as a going concern. Managements
  plans in this regard are described in Note 1. The financial statements do not
  include any adjustments that might result from the outcome of this uncertainty.

DMCL

DALE MATHESON CARR-HILTON LABONTE LLPCHARTERED ACCOUNTANTS

Vancouver, Canada
  January 11, 2008



F-1

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|Report of Independent Registered Public Accounting Firm
|-------------------------------------------------------
|                                                       
|                                                       
|To the Stockholders of Infrablue (US) Inc.:            

We have audited the accompanying consolidated balance sheets
  of Infrablue (US) Inc. (the Company) as at September 30, 2006 and
  2005 and the related consolidated statements of changes in stockholders
  deficiency, operations and cash flows for each of the years ended September
  30, 2006 and 2005 and the period from incorporation (February 18, 2004) to September
  30, 2006. These financial statements are the responsibility of the Company's
  management. Our responsibility is to express an opinion on these financial statements
  based on our audits.

We conducted our audits in accordance with the standards of the
  Public Company Accounting Oversight Board (United States). Those standards require
  that we plan and perform the audits to obtain reasonable assurance about whether
  the financial statements are free of material misstatement. The Company is not
  required to have, nor were we engaged to perform an audit of its internal control
  over financial reporting. Our audits included consideration of internal control
  over financial reporting as a basis for designing audit procedures that are
  appropriate in the circumstances, but not for the purpose of expressing an opinion
  on the effectiveness of the Companys internal control over financial reporting.
  Accordingly, we express no such opinion. An audit also includes examining, on
  a test basis, evidence supporting the amounts and disclosures in the financial
  statements, assessing the accounting principles used and significant estimates
  made by management, as well as evaluating the overall financial statement presentation.
  We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred
  to above present fairly, in all material respects, the financial positions of
  the Company as at September 30, 2006 and 2005, and the results of its operations
  and its cash flows for each of the years ended September 30, 2006 and 2005 and
  the period from incorporation (February 18, 2004) to September 30, 2006, in
  conformity with United States generally accepted accounting principles.

The accompanying consolidated financial statements have been
  prepared assuming that the Company will continue as a going concern. As discussed
  in Note 1 to the financial statements, the Company is dependent upon financing
  to continue operations, had suffered recurring losses from operations and has
  total liabilities that exceed total assets. These matters raise substantial
  doubt about the Company's ability to continue as a going concern. Management's
  plans in regards to these matters are discussed in Note 1. The financial statements
  do not include any adjustments that might result from the outcome of this uncertainty.

*"STALEY, OKADA & PARTNERS"*

|Vancouver, B.C., Canada | STALEY, OKADA & PARTNERS
|----------------------- | ------------------------
|November 2, 2006        | CHARTERED ACCOUNTANTS   

F-2

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|Coloured (US) Inc.             | Statement 1
|------------------------------ | -----------
|(dba CI Mobile Gaming)         |            
|(Formerly Emcor Holdings Inc.) |            
|(A Development Stage Company)  |            
|Consolidated Balance Sheets    |            
|US Funds                       |            

|                                                           |   | September 30, |   |   | September 30, |  
|---------------------------------------------------------- | - | ------------- | - | - | ------------- | -
|ASSETS                                                     |   | 2007          |   |   | 2006          |  
|Current                                                    |   |               |   |   |               |  
|Cash                                                       | $ | 6,311         |   | $ | 6,695         |  
|Accounts receivable                                        |   | -             |   |   | 509           |  
|VAT receivable                                             |   | 403           |   |   | 3,490         |  
|Prepaids                                                   |   | 2,624         |   |   | -             |  
|                                                           |   | 9,338         |   |   | 10,694        |  
|                                                           |   |               |   |   |               |  
|Rights and Technology(Note
      3)                        |   | 5,463         |   |   | 14,981        |  
|                                                           | $ | 14,801        |   | $ | 25,675        |  
|                                                           |   |               |   |   |               |  
|                                                           |   |               |   |   |               |  
|LIABILITIES                                                |   |               |   |   |               |  
|Current                                                    |   |               |   |   |               |  
|Accounts payable                                           | $ | 130,245       |   | $ | 42,328        |  
|Accrued liabilities                                        |   | 40,658        |   |   | 30,787        |  
|Due to related parties
      (Note 5)                      |   | 202,344       |   |   | 66,036        |  
|                                                           |   | 373,247       |   |   | 139,151       |  
|                                                           |   |               |   |   |               |  
|Loan Payable(Note 7)                                       |   | 32,425        |   |   | -             |  
|                                                           |   | 405,672       |   |   | 139,151       |  
|                                                           |   |               |   |   |               |  
|STOCKHOLDERS DEFICIENCY                                   |   |               |   |   |               |  
|Capital Stock(Note 6)                                      |   |               |   |   |               |  
|Common Stock                                               |   |               |   |   |               |  
|Authorized: 100,000,000 shares
      with $0.001 par value |   |               |   |   |               |  
|Issued: 30,648,660
      (September 30, 2006  30,623,660) |   | 30,649        |   |   | 30,624        |  
|Additional paid-in capital                                 |   | 3,471,710     |   |   | 3,465,485     |  
|Preferred stock                                            |   |               |   |   |               |  
|Authorized: 5,000,000 shares
      with $0.001 par value   |   |               |   |   |               |  
|Issued: Nil                                                |   | -             |   |   | -             |  
|Accumulated Comprehensive Loss                             |   | (20,812       | ) |   | (13,139       | )
|Deficit Accumulated
      during the development stage    |   | (3,872,418    | ) |   | (3,596,446    | )
|                                                           |   | (390,871      | ) |   | (113,476      | )
|                                                           | $ | 14,801        |   | $ | 25,675        |  

**Contingency**(Note 1) **Commitments**(Notes 5 and 11) **Subsequent Event**(Note 12)

The accompanying notes are an integral part of these consolidated
  financial statements
  F-3

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|Coloured (US) Inc.                                                   | Statement 2
|-------------------------------------------------------------------- | -----------
|(dba CI Mobile Gaming)                                               |            
|(Formerly Emcor Holdings Inc.)                                       |            
|(A Development Stage Company)                                        |            
|Consolidated Statements of Changes in Stockholders
      Deficiency |            
|US Funds                                                             |            

|                                         |  |              |  |   |         |  |   |             |  |   | Deficit       |   |   |               |   |   |            |  
|---------------------------------------- |  | ------------ |  | - | ------- |  | - | ----------- |  | - | ------------- | - | - | ------------- | - | - | ---------- | -
|                                         |  |              |  |   |         |  |   |             |  |   | Accumulated   |   |   |               |   |   |            |  
|                                         |  |              |  |   |         |  |   | Additional  |  |   | During the    |   |   | Accumulated   |   |   | Total      |  
|                                         |  | Common Stock |  |   | Paid-in |  |   | Development |  |   | Comprehensive |   |   | Stockholders' |  
|                                         |  | Shares       |  |   | Amount  |  |   | Capital     |  |   | Stage         |   |   | Loss          |   |   | Deficiency |  
|Shares issued for cash at $0.33 per      |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|share - May 2, 2003                      |  | 6            |  | $ | 1       |  | $ | 1           |  | $ | -             |   | $ | -             |   | $ | 2          |  
|Loss for the year                        |  | -            |  |   | -       |  |   | -           |  |   | (13,421       | ) |   | -             |   |   | (13,421    | )
|Foreign currency translation             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|adjustment                               |  | -            |  |   | -       |  |   | -           |  |   | -             |   |   | (391          | ) |   | (391       | )
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Balance - September 30, 2003             |  | 6            |  |   | 1       |  |   | 1           |  |   | (13,421       | ) |   | (391          | ) |   | (13,810    | )
|Stock split  April 30, 2004             |  | 569          |  |   | -       |  |   | -           |  |   | -             |   |   | -             |   |   | -          |  
|Shares issued for cash at $0.003         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|per share 
      December 22, 2003      |  | 2,874,365    |  |   | 2,875   |  |   | 6,018       |  |   | -             |   |   | -             |   |   | 8,893      |  
|Shares issued for cash at $0.003         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|per share 
      April 30, 2004         |  | 1,466,220    |  |   | 1,466   |  |   | 3,211       |  |   | -             |   |   | -             |   |   | 4,677      |  
|Shares issued for consulting at          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|$0.003 per share
       August 26,      |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|2004                                     |  | 939,139      |  |   | 939     |  |   | 2,008       |  |   | -             |   |   | -             |   |   | 2,947      |  
|Loss for the year                        |  | -            |  |   | -       |  |   | -           |  |   | (144,692      | ) |   | -             |   |   | (144,692   | )
|Foreign currency translation             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|adjustment                               |  | -            |  |   | -       |  |   | -           |  |   | -             |   |   | (2,175        | ) |   | (2,175     | )
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Balance - September 30, 2004             |  | 5,280,299    |  |   | 5,281   |  |   | 11,238      |  |   | (158,113      | ) |   | (2,566        | ) |   | (144,160   | )
|Shares issued for consulting at          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|$0.003 per share
       November 17,    |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|2004                                     |  | 234,790      |  |   | 235     |  |   | 545         |  |   | -             |   |   | -             |   |   | 780        |  
|Shares issued for consulting at          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|$0.003 per share  March 9,
      2005   |  | 234,791      |  |   | 235     |  |   | 545         |  |   | -             |   |   | -             |   |   | 780        |  
|Shares issued for consulting at          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|$0.033 per share  April 26,
      2005  |  | 68,999       |  |   | 68      |  |   | 2,241       |  |   | -             |   |   | -             |   |   | 2,309      |  
|Shares issued for debt at $0.033         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|per share  April 26, 2005               |  | 6,181,121    |  |   | 6,181   |  |   | 200,541     |  |   | -             |   |   | -             |   |   | 206,722    |  
|Loss for the year                        |  | -            |  |   | -       |  |   | -           |  |   | (137,972      | ) |   | -             |   |   | (137,972   | )
|Foreign currency translation             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|adjustment                               |  | -            |  |   | -       |  |   | -           |  |   | -             |   |   | (6,517        | ) |   | (6,517     | )
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Balance - September 30, 2005             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|- Issued before acquisition              |  | 12,000,000   |  |   | 12,000  |  |   | 215,110     |  |   | (296,085      | ) |   | (9,083        | ) |   | (78,058    | )
|Acquisition of Coloured Industry         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Limited                                  |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|- Recapitalization - September
      30, |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|2005 (Note 1)                            |  | 5,677,660    |  |   | 5,678   |  |   | 23,887      |  |   | -             |   |   | -             |   |   | 29,565     |  
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Balance - September 30, 2005             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|- Issued post acquisition                |  | 17,677,660   |  | $ | 17,678  |  | $ | 238,997     |  | $ | (296,085      | ) | $ | (9,083        | ) | $ | (48,493    | )

The accompanying notes are an integral part of these consolidated
  financial statements
  F-4

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|Coloured (US) Inc.                                                                             | Statement 2 -Continued
|---------------------------------------------------------------------------------------------- | ----------------------
|(dba CI Mobile Gaming)                                                                         |                       
|(Formerly Emcor Holdings Inc.)                                                                 |                       
|(A Development Stage Company)                                                                  |                       
|Consolidated Statements of Changes
      in Stockholders Deficiency Continued US
      Funds
|

|                                         |  |              |  |   |         |  |   |             |  |   | Deficit       |   |   |               |   |   |            |  
|---------------------------------------- |  | ------------ |  | - | ------- |  | - | ----------- |  | - | ------------- | - | - | ------------- | - | - | ---------- | -
|                                         |  |              |  |   |         |  |   |             |  |   | Accumulated   |   |   |               |   |   |            |  
|                                         |  |              |  |   |         |  |   | Additional  |  |   | During the    |   |   | Accumulated   |   |   | Total      |  
|                                         |  | Common Stock |  |   | Paid-in |  |   | Development |  |   | Comprehensive |   |   | Stockholders' |  
|                                         |  | Shares       |  |   | Amount  |  |   | Capital     |  |   | Stage         |   |   | Loss          |   |   | Deficiency |  
|Balance Forward - September 30,          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|2005                                     |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|- Issued post acquisition                |  | 17,677,660   |  | $ | 17,678  |  | $ | 238,997     |  | $ | (296,085      | ) | $ | (9,083        | ) | $ | (48,493    | )
|Shares issued in exchange for debt       |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|at $0.25 per share
       February 28,  |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|2006                                     |  | 340,000      |  |   | 340     |  |   | 87,570      |  |   | -             |   |   | -             |   |   | 87,910     |  
|Shares issued in exchange for
      debt |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|at $0.25 per share  February
      28,  |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|2006                                     |  | 4,000        |  |   | 4       |  |   | 1,020       |  |   | -             |   |   | -             |   |   | 1,024      |  
|Shares issued for Colour Industry        |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Technology at $0.25
      per share     |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|February 28, 2006 (Note 4a)              |  | 6,000,000    |  |   | 6,000   |  |   | 1,494,000   |  |   | -             |   |   | -             |   |   | 1,500,000  |  
|Shares issued for Mobile Warrior         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Technology at $0.25 per share           |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|February 28, 2006
      (Note 4b)        |  | 6,000,000    |  |   | 6,000   |  |   | 1,494,000   |  |   | -             |   |   | -             |   |   | 1,500,000  |  
|Shares issued for cash at $0.25 per      |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|share  March
      9, 2006              |  | 202,000      |  |   | 202     |  |   | 50,298      |  |   | -             |   |   | -             |   |   | 50,500     |  
|Shares issued for cash at $0.25          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|per share
       June 23, 2006          |  | 200,000      |  |   | 200     |  |   | 49,800      |  |   | -             |   |   | -             |   |   | 50,000     |  
|Shares issued for cash at $0.25 per      |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|share  July
      3, 2006               |  | 200,000      |  |   | 200     |  |   | 49,800      |  |   | -             |   |   | -             |   |   | 50,000     |  
|Loss for the year                        |  | -            |  |   | -       |  |   | -           |  |   | (3,300,361    | ) |   | -             |   |   | (3,300,361 | )
|Foreign currency translation             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|adjustment                               |  | -            |  |   | -       |  |   | -           |  |   | -             |   |   | (4,056        | ) |   | (4,056     | )
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Balance  September 30, 2006             |  | 30,623,660   |  |   | 30,624  |  |   | 3,465,485   |  |   | (3,596,446    | ) |   | (13,139       | ) |   | (113,476   | )
|Shares issued for consulting at          |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|$0.25 per share  April
      20, 2007   |  | 25,000       |  |   | 25      |  |   | 6,225       |  |   | -             |   |   | -             |   |   | 6,250      |  
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Loss for the year                        |  | -            |  |   | -       |  |   | -           |  |   | (275,972      | ) |   | -             |   |   | (275,972   | )
|Foreign currency translation             |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|adjustment                               |  | -            |  |   | -       |  |   | -           |  |   | -             |   |   | (7,673        | ) |   | (7,673     | )
|                                         |  |              |  |   |         |  |   |             |  |   |               |   |   |               |   |   |            |  
|Balance  September 30, 2007             |  | 30,648,660   |  | $ | 30,649  |  | $ | 3,471,710   |  | $ | (3,872,418    | ) | $ | (20,812       | ) | $ | (390,871   | )

The accompanying notes are an integral part of these consolidated
  financial statements
  F-5

---

|Coloured (US) Inc.                    | Statement 3
|------------------------------------- | -----------
|(dba CI Mobile Gaming)                |            
|(Formerly Emcor Holdings Inc.)        |            
|(A Development Stage Company)         |            
|Consolidated Statements of Operations |            
|US Funds                              |            

|                                                |   |               |   |   |               |   |   | Cumulative    |  
|----------------------------------------------- | - | ------------- | - | - | ------------- | - | - | ------------- | -
|                                                |   |               |   |   |               |   |   | From          |  
|                                                |   |               |   |   |               |   |   | Incorporation |  
|                                                |   | For the       |   |   | For the       |   |   | May 2, 2003   |  
|                                                |   | Year Ended    |   |   | Year Ended    |   |   | to            |  
|                                                |   | September 30, |   |   | September 30, |   |   | September 30, |  
|                                                |   | 2007          |   |   | 2006          |   |   | 2007          |  
|General and Administrative Expenses             |   |               |   |   |               |   |   |               |  
|Accounting and auditing                         | $ | 82,287        |   | $ | 136,503       |   | $ | 292,348       |  
|Advertising                                     |   | -             |   |   | -             |   |   | 1,890         |  
|Amortization                                    |   | 10,500        |   |   | 9,605         |   |   | 25,039        |  
|Consulting fees                                 |   | 128,768       |   |   | 34,697        |   |   | 224,762       |  
|Filing fees (recovered)                         |   | (1,629        | ) |   | 11,217        |   |   | 9,588         |  
|Information technology                          |   | 3,411         |   |   | 3,567         |   |   | 23,348        |  
|Intellectual properties (Note
      4)          |   | -             |   |   | 3,000,000     |   |   | 3,000,000     |  
|Investor relations                              |   | 18,250        |   |   | -             |   |   | 18,250        |  
|Legal                                           |   | 14,414        |   |   | 82,635        |   |   | 97,974        |  
|Office and miscellaneous                        |   | -             |   |   | 41            |   |   | 5,135         |  
|Rent                                            |   | 11,815        |   |   | 10,806        |   |   | 44,581        |  
|Salaries and wages                              |   | -             |   |   | 1,900         |   |   | 104,196       |  
|Transfer agent fees                             |   | 390           |   |   | 2,015         |   |   | 2,405         |  
|Travel                                          |   | -             |   |   | -             |   |   | 6,248         |  
|Total General and Administrative
      Expenses |   | 268,206       |   |   | 3,292,986     |   |   | 3,855,764     |  
|Loss from Operations                            |   | (268,206      | ) |   | (3,292,986    | ) |   | (3,855,764    | )
|Other Income (Expense)                          |   |               |   |   |               |   |   |               |  
|Interest expense                                |   | (1,245        | ) |   | (4,508        | ) |   | (7,480        | )
|Foreign exchange loss                           |   | (6,521        | ) |   | (2,867        | ) |   | (9,388        | )
|Miscellaneous income                            |   | -             |   |   | -             |   |   | 214           |  
|Net Loss                                        | $ | (275,972      | ) | $ | (3,300,361    | ) | $ | (3,872,418    | )
|                                                |   |               |   |   |               |   |   |               |  
|Loss per Share  Basic and Diluted              | $ | (0.01         | ) | $ | (0.13         | ) |   |               |  
|                                                |   |               |   |   |               |   |   |               |  
|Weighted Average Shares Outstanding             |   | 30,634,824    |   |   | 25,131,430    |   |   |               |  
|Comprehensive Loss                              |   |               |   |   |               |   |   |               |  
|Net Loss                                        | $ | (275,972      | ) | $ | (3,300,361    | ) | $ | (3,872,418    | )
|Foreign currency translation adjustment         |   | (7,673        | ) |   | (4,056        | ) |   | (20,812       | )
|Total Comprehensive Loss                        | $ | (283,645      | ) | $ | (3,304,417    | ) | $ | (3,893,230    | )

The accompanying notes are an integral part of these consolidated
  financial statements
  F-6

---

|Coloured (US) Inc.                    | Statement 4
|------------------------------------- | -----------
|(dba CI Mobile Gaming)                |            
|(Formerly Emcor Holdings Inc.)        |            
|(A Development Stage Company)         |            
|Consolidated Statements of Cash Flows |            
|*US Funds*                            |            

|                                                 |   |               |   |   |               |   |   | Cumulative    |  
|------------------------------------------------ | - | ------------- | - | - | ------------- | - | - | ------------- | -
|                                                 |   |               |   |   |               |   |   | From          |  
|                                                 |   |               |   |   |               |   |   | Incorporation |  
|                                                 |   | For the       |   |   | For the       |   |   | May 2, 2003   |  
|                                                 |   | Year Ended    |   |   | Year Ended    |   |   | to            |  
|                                                 |   | September 30, |   |   | September 30, |   |   | September 30, |  
|                                                 |   | 2007          |   |   | 2006          |   |   | 2007          |  
|Operating                                        |   |               |   |   |               |   |   |               |  
|Net Loss                                         | $ | (275,972      | ) | $ | (3,300,361    | ) | $ | (3,872,418    | )
|Items not involving an outlay of cash:           |   |               |   |   |               |   |   |               |  
|Amortization                                     |   | 10,500        |   |   | 9,605         |   |   | 25,039        |  
|Shares for consulting services                   |   | 6,250         |   |   | -             |   |   | 13,066        |  
|Interest expense
      on promissory notes       |   | -             |   |   | 2,429         |   |   | 2,429         |  
|Shares for intellectual properties               |   | -             |   |   | 3,000,000     |   |   | 3,000,000     |  
|Changes in non-cash working
      capital items: |   |               |   |   |               |   |   |               |  
|Accounts receivable                              |   | 509           |   |   | (509          | ) |   | -             |  
|VAT receivable                                   |   | 3,087         |   |   | (3,490        | ) |   | (403          | )
|Prepaid expense                                  |   | (2,624        | ) |   | -             |   |   | (2,624        | )
|Accounts payable                                 |   | 87,917        |   |   | 42,084        |   |   | 130,245       |  
|Accrued liabilities                              |   | 9,871         |   |   | (24,192       | ) |   | 28,023        |  
|                                                 |   | (160,462      | ) |   | (274,434      | ) |   | (676,643      | )
|Investing                                        |   |               |   |   |               |   |   |               |  
|Acquisition of rights and technology             |   | -             |   |   | -             |   |   | (28,403       | )
|Cash acquired on purchase of Emcor Holdings      |   |               |   |   |               |   |   |               |  
|Inc.                                             |   | -             |   |   | -             |   |   | 127,705       |  
|                                                 |   | -             |   |   | -             |   |   | 99,302        |  
|Financing                                        |   |               |   |   |               |   |   |               |  
|Amounts due to related parties                   |   | 136,308       |   |   | 32,077        |   |   | 202,344       |  
|Loan from related party                          |   | -             |   |   | -             |   |   | 206,722       |  
|Loan proceeds                                    |   | 32,425        |   |   | -             |   |   | 32,425        |  
|Convertible promissory note                      |   | -             |   |   | 1,000         |   |   | 1,000         |  
|Share issuances for cash                         |   | -             |   |   | 150,500       |   |   | 164,072       |  
|                                                 |   | 168,733       |   |   | 183,577       |   |   | 606,563       |  
|Effect of foreign currency translation on rights |   |               |   |   |               |   |   |               |  
|and
      technology                             |   | (982          | ) |   | (1,117        | ) |   | (2,099        | )
|Effect of exchange rate changes on cash          |   | (7,673        | ) |   | (4,056        | ) |   | (20,812       | )
|                                                 |   | (8,655        | ) |   | (5,173        | ) |   | (22,911       | )
|                                                 |   |               |   |   |               |   |   |               |  
|Change in Cash                                   |   | (384          | ) |   | (96,030       | ) |   | 6,311         |  
|Cash  Beginning                                 |   | 6,695         |   |   | 102,725       |   |   | -             |  
|Cash  Ending                                    | $ | 6,311         |   | $ | 6,695         |   | $ | 6,311         |  
|Cash paid for Income Taxes                       | $ | -             |   | $ | -             |   | $ | -             |  
|Cash paid for Interest                           | $ | -             |   | $ | (95           | ) | $ | (95           | )

See Note 10 for the supplemental schedule of non-cash investing
  and financing transactions.

The accompanying notes are an integral part of these consolidated
  financial statements
  F-7

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|1. | Basis of Presentation
|-- | ---------------------

Organization

Coloured (US) Inc. (the Company
  or "Emcor") was incorporated on April 5, 2005 under the laws of the State of
  Nevada, under the name of Emcor Holdings Inc. Effective September 30, 2005,
  the Company completed a Share Exchange Agreement (Agreement) with
  Coloured Industry Limited (Coloured). Coloured, a technology and
  marketing company headquartered in London, England, was incorporated on May
  2, 2003. Pursuant to the Agreement, the Company agreed to issue to the shareholders
  of Coloured 12,000,000 common shares in exchange for 100% of the issued and
  outstanding shares of Coloured. On September 30, 2005, Coloured complete the
  reverse acquisition under a Stock Exchange Agreement (RTO) with
  Emcor. Immediately before the date of the RTO, Emcor had 100,000,000 shares
  authorized and 5,667,660 shares of common stock issued and outstanding. Pursuant
  to the RTO, all of the 2,087,000 issued and outstanding shares of common stock
  of Coloured were exchanged for 12,000,000 shares of Emcor, on an approximately
  5.75 to 1 basis. The transaction was accounted for as a recapitalization of
  the Company. On December 8, 2005, the Company changed its name to Coloured (US)
  Inc. The accompanying financial statements are the historical financial statements
  of Coloured.

The Companys principal business
  is the marketing and developing of electronic mobile entertainment services.
  As defined by Statement of Financial Accounting Standards (SFAS)
  No. 7, the Company is considered to be in the development stage.

Going Concern and Liquidity Considerations

The accompanying consolidated financial
  statements have been prepared assuming that the Company will continue as a going
  concern, which contemplates, among other things, the realization of assets and
  satisfaction of liabilities in the normal course of business. As at September
  30, 2007, the Company has a working capital deficiency of $363,909, an accumulated
  deficit of $3,872,418 and has incurred an accumulated operating cash flow deficit
  of $676,643 since incorporation. The Company intends to fund operations through
  future sales and equity financing arrangements, which may be insufficient to
  fund its capital expenditures, working capital and other cash requirements for
  the next fiscal year. Thereafter, the Company will be required to seek additional
  funds, either through sales and/or equity financing, to finance its long-term
  operations. The successful outcome of future activities cannot be determined
  at this time, and there is no assurance that, if achieved, the Company will
  have sufficient funds to execute its intended business plan or generate positive
  operating results. In response to these conditions, management intends to raise
  additional funds through future private placement offerings. These factors,
  among others, raise substantial doubt about the Company's ability to continue
  as a going concern. The accompanying consolidated financial statements do not
  include any adjustments that might result from the outcome of this uncertainty.

F-8

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|2. | Significant Accounting Policies                                                                                             
|-- | ----------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                             
|   | The following is a summary of significant
        accounting policies used in the preparation of these financial statements.
|   |                                                                                                                             
|   | a)                                                                                                                          
|   |                                                                                                                             
|   |                                                                                                                             
|   |                                                                                                                             
|   | b)                                                                                                                          
|   |                                                                                                                             
|   |                                                                                                                             
|   |                                                                                                                             
|   | c)                                                                                                                          
|   |                                                                                                                             
|   |                                                                                                                             
|   |                                                                                                                             
|   | d)                                                                                                                          
|   |                                                                                                                             
|   |                                                                                                                             

F-9

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|2. | Significant Accounting Policies
        Continued
|-- | --------------------------------------------------
|   |                                                   
|   | e)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   | f)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   | g)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   

F-10

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|2. | Significant Accounting Policies
        Continued
|-- | --------------------------------------------------
|   |                                                   
|   | g)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   | h)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   | i)                                                
|   |                                                   
|   |                                                   

F-11

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|2. | Significant Accounting Policies
        Continued
|-- | --------------------------------------------------
|   |                                                   
|   | j)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   | k)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   | l)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   | m)                                                
|   |                                                   
|   |                                                   

F-12

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|2. | Significant Accounting Policies
        Continued
|-- | --------------------------------------------------
|   |                                                   
|   | n)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   | o)                                                
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   
|   |                                                   

F-13

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|3. | Rights and Technology
|-- | ---------------------

The Company has a software licence for the mobile platform known
  as ARTE. The Company amortizes the software on a straight-line basis over the
  estimated useful life of three years as follows:

|                      |   |        |  |   | Effect of   |  |   | Net Book                 |   |       | Net Book      | 
|--------------------- | - | ------ |  | - | ----------- |  | - | ------------------------ | - | ----- | ------------- | 
|                      |   |        |  |   | Foreign     |  |   |                          |   |       | Value         | 
|                      |   |        |  |   | Currency    |  |   | September 30,            |   |       | September 30, | 
|                      |   | Cost   |  |   | Translation |  |   | Accumulated Amortization |   |       | 2007          | 
|                      |   |        |  |   |             |  |   |                          |   |       |               | 
|Rights and Technology | $ | 28,403 |  | $ | 2,099       |  | $ | (25,039                  | ) | **$** | 5,463         | 

---

|4. | Agency Exploitation Agreements and Intellectual
        Properties
|-- | ------------------------------------------------------------------
|   |                                                                   
|   | a)                                                                
|   |                                                                   
|   |                                                                   
|   |                                                                   
|   | b)                                                                
|   |                                                                   
|   |                                                                   

F-14

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|5. | Related Party Balances and Transactions   
|-- | ------------------------------------------
|   |                                           
|   | Related party transactions are as follows:
|   |                                           
|   | a)                                        
|   |                                           
|   | b)                                        
|   |                                           
|   | c)                                        
|   |                                           
|   |                                           
|   |                                           
|   |                                           

The above transactions, occurring in the normal course of operations,
  are measured at the exchange amount, which is the amount of consideration established
  and agreed to by the related parties.

---

|6. | Capital Stock                                                                                                                                                            
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                          
|   | The Companys capitalization is 100,000,000
        common shares with a par value of $0.001 per share and 5,000,000 preferred
        shares with a par value of $0.001.
|   |                                                                                                                                                                          
|   | a)                                                                                                                                                                       

| | b) | In the year of incorporation, the Company issued 6 shares
        of common stock for total cash consideration of $2.                                                                                                                                                  
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |    |                                                                                                                                                                                                                                                                        
| | c) | During the year ended September 30, 2004, the Company
        split its stock on a 100 new for 1 old basis.                                                                                                                                                            
| |    |                                                                                                                                                                                                                                                                        
| | d) | During the year ended September 30, 2004, the Company
        issued 4,340,585 of common stock for total cash consideration of $13,570.                                                                                                                                
| |    |                                                                                                                                                                                                                                                                        
| | e) | During the year ended September 30, 2004, the Company
        issued 939,139 common shares to the Managing director for consulting and
        employment services. The shares were recorded at $2,947, being the fair
        value at the time of issuance (Note 5b).

F-15

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

| | f) | During the year ended September 30, 2005, the Company
        issued 469,581 common shares to the Managing director for consulting and
        employment services. The shares were recorded at $1,560, being the fair
        value at the time of issuance (Note 5b).                  
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |    |                                                                                                                                                                                                                                                                                          
| | g) | During the year ended September 30, 2005,, the Company
        issued 57,499 shares of common stock to an unrelated party for six months
        of public relation services. The shares were recorded at $1,923, being
        the fair value at the time of the issuance.              
| |    |                                                                                                                                                                                                                                                                                          
| | h) | During the year ended September 30, 2005,, the Company
        issued 5,750 shares of common stock to an unrelated party for six months
        of consulting services. The shares were recorded at $193, being the fair
        value at the time of issuance.                          
| |    |                                                                                                                                                                                                                                                                                          
| | i) | During the year ended September 30, 2005,, the Company
        issued 5,750 shares of common stock to an unrelated party for consulting
        services. The shares were recorded at $193, being the fair value at the
        time of issuance                                         
| |    |                                                                                                                                                                                                                                                                                          
| | j) | During the year ended September 30, 2005, and by agreement
        dated April 26, 2005, the Company issued 6,181,121 common shares in full
        settlement of $206,722 of debt owed to the majority shareholder.                                                                     
| |    |                                                                                                                                                                                                                                                                                          
| | k) | By agreement dated February 28, 2006, the Company issued
        344,000 common shares in full settlement of $86,000 of promissory notes
        payable plus related interest of $1,910.                                                                                                
| |    |                                                                                                                                                                                                                                                                                          
| | l) | On February 28, 2006, the Company issued 4,000 shares
        in exchange for debt at $0.25 per share.                                                                                                                                                                                   
| |    |                                                                                                                                                                                                                                                                                          
| | m) | On February 28, 2006, the Company issued 6,000,000 common
        shares to acquire the Colour Industry Technology from a related party.
        The value assigned was $1,500,000, being equal to the most recent share
        transaction of the Company of $0.25 per share (Note 4a).
| |    |                                                                                                                                                                                                                                                                                          
| | n) | On February 28, 2006, the Company issued 6,000,000 common
        shares to acquire the Mobile Warrior Technology. The value assigned was
        $1,500,000 being equal to the most recent share transaction of the Company
        of $0.25 per share (Note 4b).                       
| |    |                                                                                                                                                                                                                                                                                          
| | o) | By agreement dated March 9, 2006, the Company issued
        202,000 shares to an unrelated party for total cash consideration of $50,500.                                                                                                                                               
| |    |                                                                                                                                                                                                                                                                                          
| | p) | On June 23, 2006, the Company issued 200,000 common
        shares for total cash consideration of $50,000 to an unrelated party.                                                                                                                                                        
| |    |                                                                                                                                                                                                                                                                                          
| | q) | On July 3, 2006, the Company issued 200,000 common shares
        for total cash consideration of $50,000 to an unrelated party.                                                                                                                                                         
| |    |                                                                                                                                                                                                                                                                                          
| | r) | On April 20, 2007, the Company issued 25,000 common
        shares at $0.25 per share to an unrelated party for consulting services.                                                                                                                                                     

There were no warrants or stock options
  granted during the current year and none were outstanding as at September 30,
  2007 and 2006.

F-16

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|7. | Loan Payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|   | During the current year, the Company received
        loan advances from Karada Ltd. (Karada), an unrelated third
        party. As at September 30, 2007, the loan balance was $32,425 and related
        accrued interest was $800.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|   | On July 1, 2007, the Company entered into
        a formal loan agreement with Karada to clarify the interest and repayment
        terms of the advances and also provide further funding. The loan has a
        draw down facility which is unsecured and available in minimum tranches
        of $5,000 up to a maximum of $250,000 bearing interest at a rate of 5%
        per annum calculated monthly, for a period of five years ending July 1,
        2012. The loan is due on demand after the maturity date. In the event
        of a default, the interest rate increases to 10% per annum calculated
        monthly. In addition, a lending fee of $1,000 will be applied to the balance
        owing and due on the maturity date.
|  
|8. | Income Taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|   | a)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

| |                                                           |   | September |   |   | September  |  
| | --------------------------------------------------------- | - | --------- | - | - | ---------- | -
| |                                                           |   | 30, 2007  |   |   | 30, 2006   |  
| |                                                           |   | $         |   |   | $          |  
| |                                                           |   |           |   |   |            |  
| | Loss before income taxes                                  | $ | (275,972  | ) | $ | (3,300,361 | )
| |                                                           |   |           |   |   |            |  
| | Expected income tax (recovery)                            | $ | (91,388   | ) | $ | (1,056,115 | )
| | Items (deductible) not deductible for income tax purposes |   | (60,509   | ) |   | 979,984    |  
| | Tax losses for which an income benefit
      has not been |   |           |   |   |            |  
| | recognized                                                |   | 10,249    |   |   | -          |  
| | Change in valuation allowance and other                   |   | 141,648   |   |   | 76,131     |  
| |                                                           |   |           |   |   |            |  
| | Net refundable amount                                     | $ | -         |   | $ | -          |  
| |                                                           |   |           |   |   |            |  
| | Represented by:                                           |   |           |   |   |            |  
| | Current income tax                                        | $ | -         |   | $ | -          |  
| | Deferred income tax recovery                              | $ | -         |   | $ | -          |  

F-17

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|8. | Income Taxes Continued
|-- | -----------------------
|   |                        
|   | b)                     

| |                                                                |   | As at      |   |   | As at      |  
| | -------------------------------------------------------------- | - | ---------- | - | - | ---------- | -
| |                                                                |   | September  |   |   | September  |  
| |                                                                |   | 30, 2007   |   |   | 30, 2006   |  
| |                                                                |   | $          |   |   | $          |  
| |                                                                |   |            |   |   |            |  
| |                                                                |   |            |   |   |            |  
| | Deferred income tax assets                                     |   |            |   |   |            |  
| | Non-capital losses                                             | $ | 396,314    |   | $ | 244,000    |  
| | Carrying value of intellectual property in excess
      of tax |   |            |   |   |            |  
| | value                                                          |   | 912,334    |   |   | 923,000    |  
| |                                                                |   |            |   |   |            |  
| | Deferred tax asset                                             |   | 1,308,648  |   |   | 1,167,000  |  
| | Less: Valuation allowance                                      |   | (1,308,648 | ) |   | (1,167,000 | )
| |                                                                |   |            |   |   |            |  
| | Net deferred
      tax asset                                   | $ | -          |   | $ | -          |  

The Company has incurred non-capital losses for UK tax purposes
  of approximately $419,532 (2006  $369,000) which may be carried forward
  indefinitely and used to reduce taxable income of future years. The Company
  also had accumulated net operating losses for U.S. federal income tax purposes
  of approximately $795,452 (2006  $394,000), which can be used to reduce
  taxable income and will expire through 2027. In addition, the Company has $2,683,000
  (2006  $2,883,000) of intellectual property costs deductible for tax purposes
  at $200,000 per year.

---

|9. | Segmented Information                                                         
|-- | ------------------------------------------------------------------------------
|   |                                                                               
|   | Details on a geographic basis as at September 30, 2007
        are as follows:

| |                   |   | Western |   |   |          |   |   |          |  
| | ----------------- | - | ------- | - | - | -------- | - | - | -------- | -
| |                   |   | Europe  |   |   | U.S.A.   |   |   | Total    |  
| | Assets            | $ | 10,813  |   | $ | 3,988    |   | $ | 14,801   |  
| | Loss for the year | $ | (61,058 | ) | $ | (214,914 | ) | $ | (275,972 | )

Details on a geographic basis as at September
  30, 2006 are as follows:

| |                   |   | Western |   |   |            |   |   |            |  
| | ----------------- | - | ------- | - | - | ---------- | - | - | ---------- | -
| |                   |   | Europe  |   |   | U.S.A.     |   |   | Total      |  
| | Assets            | $ | 18,793  |   | $ | 6,882      |   | $ | 25,675     |  
| | Loss for the year | $ | (73,292 | ) | $ | (3,227,069 | ) | $ | (3,300,361 | )

F-18

---

|Coloured (US) Inc.                        
|------------------------------------------
|(dba CI Mobile Gaming)                    
|(Formerly Emcor Holdings Inc.)            
|(A Development Stage Company)             
|Notes to Consolidated Financial Statements
|September 30, 2007 and 2006               
|US Funds                                  
|                                          

|10. | Non-Cash Transactions                                                                
|--- | -------------------------------------------------------------------------------------
|    |                                                                                      
|    | The following is a schedule of non-cash investing and
        financing transactions:

| |                                                      |   |               |  |   |               |  |   | Cumulative from |     
| | ---------------------------------------------------- | - | ------------- |  | - | ------------- |  | - | --------------- | ----
| |                                                      |   | For the Year  |  |   | For the Year  |  |   | Incorporation   |     
| |                                                      |   | Ended         |  |   | Ended         |  |   | (May 2, 2003    | ) to
| |                                                      |   | September 30, |  |   | September 30, |  |   | September 30,   |     
| |                                                      |   | 2007          |  |   | 2006          |  |   | 2007            |     
| | Shares issued for acquisition of Coloured            |   |               |  |   |               |  |   |                 |     
| | Industry Limited                                     | $ | -             |  | $ | -             |  | $ | 29,565          |     
| | Shares issued for consulting services                | $ | 6,250         |  | $ | -             |  | $ | 13,066          |     
| | Shares issued to related party for debt              | $ | -             |  | $ | -             |  | $ | 206,722         |     
| | Shares issued to unrelated parties for debt          | $ | -             |  | $ | 88,934        |  | $ | 88,934          |     
| | Shares issued for intellectual properties            |   |               |  |   |               |  |   |                 |     
| | (Note 4)                                             | $ | -             |  | $ | 3,000,000     |  | $ | 3,000,000       |     
| | Acquisition of Assets and Liabilities
      of Emcor |   |               |  |   |               |  |   |                 |     
| | Holdings Inc.:                                       |   |               |  |   |               |  |   |                 |     
| | Assets                                               | $ |               |  | $ | -             |  | $ | 30,492          |     
| | Liabilities                                          | $ | -             |  | $ | -             |  | $ | 98,140          |     

---

|11. | Commitment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|    | By agreement dated August 1, 2006, the Company entered
        into a one-year Consulting Agreement with a related company that has an
        officer in common with a corporate shareholder of the Company. The monthly
        payments for general consulting services is GBP 5,000 for a minimum of
        one year beginning on August 1, 2006. At September 30, 2007, $117,460
        (2006 - $18,726) was accrued (Note 5c(ii)). This agreement will
        automatically renew on a month-to-month basis with the same terms and
        conditions. Either party may terminate this agreement with one months
        advance written notice.
|   
|12. | Subsequent Event                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|    | On November 7, 2007, the Company issued 8,000,000 units
        for a total cash consideration of $200,000. Each unit consist of one common
        share and a warrant to acquire one additional common share for $0.025
        per share by November 7, 2009.                                                                                                                                                                                                                                                                                                                                                                                           

F-19


---

|Item 13. | Exhibits
|-------- | --------

The following exhibits are included with this Annual Report on
Form 10-KSB:

|Exhibit  |                                                                                                                                                                             
|-------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Number   | Description of Exhibit                                                                                                                                                      
|3.1(1)   | Articles of Incorporation                                                                                                                                                   
|3.2(1)   | Certificate of Amendment to Articles of Incorporation                                                                                                                       
|3.3(1)   | By-Laws                                                                                                                                                                     
|10.1(1)  | Agency Exploitation Agreement dated March 31, 2003,
      between The Mobile Warrior Technology Partnership LLP and LDC Network
      Limited                               
|10.2(1)  | Letter Agreement dated effective April 2, 2004, between
      LDC Network Limited and Coloured UK                                                                           
|10.3(1)  | Agency Exploitation Agreement dated August 6, 2003,
      between The Coloured Industry Technology Partnership and Coloured UK                                              
|10.4(1)  | Employment Agreement between Coloured UK and Lars
      Brannvall dated August 6, 2003                                                                                      
|10.5(1)  | Loan Agreement dated October 8, 2003, between Coloured UK
      and CII                                                                                                     
|10.6(1)  | Debt Settlement Agreement dated April 26, 2005, between
      Coloured UK and CII                                                                                           
|10.7(1)  | Share Exchange Agreement dated May 23, 2005, as amended,
      among Emcor Holdings Inc., Coloured UK and the stockholders of Coloured UK                                   
|10.8(1)  | Asset Purchase Agreement dated January 31, 2006, between
      Coloured (US) Inc. and CII (Coloured Mobile Games)                                                           
|10.9(1)  | Asset Purchase Agreement dated January 31, 2006, between
      Coloured (US) Inc. and ABS Capital (Mobile Warrior Game)                                                     
|10.10(1) | Debt Conversion Agreement dated February 28, 2006,
      between Emcor Holdings Inc. and CISA Holdings APS                                                                  
|10.11(1) | Debt Conversion Agreement dated February 28, 2006,
      between Emcor Holdings Inc. and Dan Simmons                                                                        
|10.12(1) | Termination and Release Agreement dated February 28,
      2006, among Coloured UK and the Coloured Industry Technology Partnership
      LLP                               
|10.13(1) | Termination and Release Agreement dated February 28,
      2006, among Coloured UK and The Mobile Warrior Technology Partnership LLP                                        
|10.14(1) | Debenture Agreement dated October 8, 2003 between
      Coloured UK and CII evidencing The indebtedness of Coloured UK under the
      Loan Agreement                       
|10.15(1) | Service Agreement dated August 4, 2004, between Coloured
      UK and Outlander Management                                                                                  
|10.16(1) | Reseller Agreement dated February 19, 2004, between
      Coloured UK and Mtertainment Korea covering the territory of Asia, with
      exclusivity in Singapore            
|10.17(1) | Reseller Agreement dated February 20, 2004, between
      Coloured UK and Tele- Publishing UK Ltd. (also known as G8wave) covering
      the territory of the United Kingdom
|10.18(1) | Worldwide Reseller Agreement dated February 20, 2004,
      between Coloured UK and Mocondi Ltd.                                                                            

- 4 -

---

|Exhibit  |                                                                                                                                                                                                                                             
|-------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Number   | Description of Exhibit                                                                                                                                                                                                                      
|10.19(1) | Reseller Agreement dated March 13, 2004, between Coloured
      UK and Mobiletones Asia Pte Ltd. covering the territory of Asia, excluding
      Singapore                                                                                  
|10.20(1) | Reseller Agreement dated March 10, 2005, between Coloured
      UK and Net People International Inc. covering the territory of Latin
      America (South & Central America), Mexico and the Caribbean                                      
|10.21(1) | Reseller Agreement dated April 19, 2004, between Coloured
      UK and Mobilkraft covering the territory of Sweden                                                                                                                          
|10.22(1) | Reseller Agreement dated September 27, 2004, between
      Coloured UK and Nostromo ICT covering the territory of the Czech Republic                                                                                                        
|10.23(1) | Reseller Agreement dated November 25, 2004, between
      Coloured UK and Voicelock Ltd. (also known as Trust5) covering the
      territory of the United Kingdom and Ireland                                                              
|10.24(1) | Worldwide Reseller Agreement dated December 12, 2004,
      between Coloured UK and Tracebit Ltd                                                                                                                                            
|10.25(1) | Reseller Agreement dated December 22, 2004, between
      Coloured UK and Mobile Minds covering the territory of Hungary, Slovakia,
      Czech Republic and Pakistan                                                                       
|10.26(1) | Reseller Agreement dated February 3, 2005, between
      Coloured UK and iTech Solutions India PVT Ltd covering the territory of
      India and the Indian Subcontinent                                                                    
|10.27(1) | Subscription agreement between the Company and Sharon
      Cocker dated April 8, 2005 relating to the Companys private offering of
      500,000 shares                                                                                   
|10.28(1) | Form of subscription agreement relating to the Company's
      May 31, 2005 private offering of 4,500,000 common shares at $0.01 per
      share                                                                                            
|10.29(1) | Administration Agreement dated July 1, 2005 between
      Coloured UK and Azuracle Limited                                                                                                                                                  
|10.30(1) | Closing Agreement dated September 30, 2005 amongst Emcor
      Holdings Inc., and the shareholders of Coloured UK                                                                                                                           
|10.31(1) | Form of subscription agreement and amendment agreement
      relating to the Companys September 30, 2005 private offering of 677,660
      common shares at $0.05 per share                                                                
|10.32(1) | Form of subscription agreement relating to the Companys
      March 13, 2006 private offering of 202,000 common shares at $0.25 per
      share                                                                                            
|10.33(2) | Consulting agreement dated August 1, 2006 between the
      Company and DeBondo Capital Limited                                                                                                                                             
|31.1(3)  | Certification of Chief Executive
        Officer and Chief Financial Officer pursuant to Rule 13a-14(a) of the
        Exchange Act                                                                                                         
|32.1(3)  | Certification of Chief Executive
        Officer and Chief Financial Officer pursuant to Rule 13a-14(b) of the
        Exchange Act and 18 U.S.C. Section 1350, as adopted pursuant to Section
        906 of the Sarbanes-Oxley Act of 2002

|(1) | Filed as an exhibit to the original registration
      statement on Form SB-2 filed with the Securities and Exchange Commission
      on April 24, 2006.
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------
|(2) | Filed as an exhibit to our annual report on Form 10-KSB
      filed with the Securities and Exchange Commission on January 4,
    2007.                 
|(3) | Filed as an exhibit to this Amendment No. 1 Annual Report
      on Form 10-KSB.                                                                         

- 5 -



---

SIGNATURES

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

| | COLOURED (US) INC.                                       
| | ---------------------------------------------------------
| |                                                          
| |                                                          
| | By:                                                      
| | Lars Brannvall                                           
| | Chief Executive Officer and Chief
      Financial Officer
| | Date: January 31, 2008                                   

In accordance with the Securities 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.

|Name               |  | Title                          | Date            
|------------------ |  | ------------------------------ | ----------------
|                   |  |                                |                 
|/s/ Lars Brannvall |  | Chief Executive Officer        | January 31, 2008
|                   |  | (Principal Executive Officer), |                 
|                   |  | Chief Financial Officer        |                 
|Lars Brannvall     |  | (Principal Accounting Officer) |                 
|                   |  | and Director                   |                 

- 6 -

---