---

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

FORM 10-QSB

(Mark One)

[X] Quarterly report under Section 13 or 15(d) of the
Securities Exchange Act of 1934

for the quarterly period ended March 31,
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: 000-27407

Intrepid Global Imaging 3D,
Inc.(Formerly Newmark Ventures, Inc.)(Exact name of
small business issuer as specified in its charter)

|DELAWARE                        | 98-0187705         
|------------------------------- | -------------------
|(State or other jurisdiction of | (I.R.S. Employer   
|incorporation or organization)  | Identification No.)

555 S. Old Woodward, Suite 1509 Birmingham, MI
48009(Address of principal executive office) (Postal Code)

(248) 417-3202(Registrants telephone
number)

Check whether the registrant: (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 [   ]

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

The number of issued and outstanding of the registrant's common
stock, $0.001 par value (the only class of voting stock), as of May 10, 2007 was
27,933,123.

---

TABLE OF CONTENTS

|PART I: FINANCIAL INFORMATION                                 | 3 
|------------------------------------------------------------- | --
|                                                              |   
|ITEM 1. FINANCIAL STATEMENTS                                  | 3 
|                                                              |   
|Unaudited Balance Sheet                                       | 4 
|                                                              |   
|Unaudited Statements of Operations                            | 5 
|                                                              |   
|Unaudited Statements of Cash Flows                            | 6 
|                                                              |   
|Unaudited Statement of Stockholders Equity (deficit)         | 8 
|                                                              |   
|Notes to Unaudited Financial Statements                       | 10
|                                                              |   
|ITEM 2. MANAGEMENT'S PLAN OF OPERATION                        | 16
|                                                              |   
|ITEM 3. CONTROLS AND PROCEDURES                               | 23
|                                                              |   
|PART II: OTHER INFORMATION                                    | 24
|                                                              |   
|ITEM 1. LEGAL PROCEEDINGS                                     | 24
|                                                              |   
|ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES               | 24
|                                                              |   
|ITEM 3. DEFAULTS UPON SENIOR SECURITIES                       | 27
|                                                              |   
|ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS | 27
|                                                              |   
|ITEM 5. OTHER INFORMATION                                     | 27
|                                                              |   
|ITEM 6. EXHIBITS                                              | 28
|                                                              |   
|SIGNATURES                                                    | 28
|                                                              |   
|INDEX TO EXHIBITS                                             | 29

---

|PART I  | FINANCIAL INFORMATION
|------- | ---------------------
|        |                      
|ITEM 1. | FINANCIAL STATEMENTS 

As used herein, the term Company refers to Intrepid Global
Imaging 3D, Inc. a Delaware corporation, unless otherwise indicated. In the
opinion of management, the accompanying unaudited consolidated financial
statements included in the Form 10-QSB reflect all adjustments (consisting only
of normal recurring accruals) necessary for a fair presentation of the results
of operations for the periods presented. The results of operation for the
periods presented are not necessarily indicative of the results to be expected
for the full year.

---

|Intrepid Global Imaging 3D, Inc. (Formerly
      Mangapets, Inc.)
|-----------------------------------------------------------------
|(A Development Stage Company)                                    
|Balance Sheets                                                   
|(Expressed in US Dollars)                                        
|                                                                 

|                                                              |   | March 31,   |   |   | December 31, |  
|------------------------------------------------------------- | - | ----------- | - | - | ------------ | -
|                                                              |   | 2007        |   |   | 2006         |  
|                                                              |   | (Unaudited) |   |   | (Audited)    |  
|ASSETS                                                       
|Current Assets                                                |   |             |   |   |              |  
|Cash                                                          | $ | 29,359      |   | $ | 1,828        |  
|Receivable from relatied party                                |   | 25,000      |   |   | -            |  
|Prepaid expenses                                              |   | 13,469      |   |   | 3,122        |  
|Total Current Assets                                          |   | 67,828      |   |   | 4,950        |  
|Other assets                                                  |   | -           |   |   | -            |  
|Total Assets                                                  | $ | 67,828      |   | $ | 4,950        |  
|                                                              |   |             |   |   |              |  
|                                                              |   |             |   |   |              |  
|                                                              |   |             |   |   |              |  
|                                                              |   |             |   |   |              |  
|LIABILITIES AND
      STOCKHOLDERS' EQUITY (DEFICIENCY)      
|                                                              |   |             |   |   |              |  
|Current Liabilities                                           |   |             |   |   |              |  
|Accounts payable and accrued liabilities                      | $ | 743,176     |   | $ | 717,959      |  
|Notes payable                                                 |   | 9,710       |   |   | 9,566        |  
|Due
      to former related parties                           |   | 56,016      |   |   | 56,016       |  
|Total current liabilities                                     |   | 808,902     |   |   | 783,541      |  
|Stockholders' Equity (Deficiency)                             |   |             |   |   |              |  
|Common stock, $0.001 par value                                |   |             |   |   |              |  
|Authorized: 100,000,000
      shares                          |   | -           |   |   | -            |  
|Issued
      and outstanding:                                 |   |             |   |   |              |  
|5,988,123 and 5,933,123 shares, respectively                  |   | 5,988       |   |   | 5,933        |  
|Common stock issuable: 18,750
      shares                    |   | 19          |   |   | 19           |  
|Additional paid-in capital                                    |   | 11,833,746  |   |   | 11,753,786   |  
|Accumulated deficit                                           |   | (8,143,573  | ) |   | (8,143,573   | )
|Deficit accumulated during the development stage              |   | (4,437,254  | ) |   | (4,394,756   | )
|Total stockholders' equity (deficiency)                       |   | (741,074    | ) |   | (778,591     | )
|Total
      Liabilities and Stockholders' Equity (Deficiency) | $ | 67,828      |   | $ | 4,950        |  

**See notes to financial statements.**

---



|Intrepid Global Imaging 3D, Inc. (Formerly
      Mangapets, Inc.)
|-----------------------------------------------------------------
|(A Development Stage Company)                                    
|Statements of Operations                                         
|(Expressed in US Dollars)                                        
|                                                                 

|                                                                 |   |                    |     |  |             |     |  | Cumulative     |  
|---------------------------------------------------------------- | - | ------------------ | --- |  | ----------- | --- |  | -------------- | -
|                                                                 |   |                    |     |  |             |     |  | during the     |  
|                                                                 |   |                    |     |  |             |     |  | development    |  
|                                                                 |   |                    |     |  |             |     |  | stage (January |  
|                                                                 |   | Three months ended |     |  | 1, 2005 to  |    
|                                                                 |   | March 31,          |     |  | March 31,   |    
|                                                                 |   | 2007               |     |  | 2006        |     |  | 2007)          |  
|                                                                 |   | (Unaudited)        |     |  | (Unaudited) |     |  | (Unaudited)    |  
|Revenue                                                          | $ | - $                |     |  | - $         |     |  | -              |  
|Total Revenue                                                    |   | -                  |     |  | -           |     |  | -              |  
|                                                                 |   |                    |     |  |             |     |  |                |  
|Expenses                                                         |   |                    |     |  |             |     |  |                |  
|Website planning costs                                           |   | -                  |     |  | -           |     |  | 144,406        |  
|Impairment of website development costs                          |   | -                  |     |  | -           |     |  | 477,275        |  
|General and administrative
      expenses (including stock-based |   |                    |     |  |             |     |  |                |  
|compensation
      of $0, $0, and $3,560,974, respectively)      |   | 42,498             |     |  | 126,412     |     |  | 3,790,573      |  
|Total Costs and Expenses                                         |   | 42,498             |     |  | 126,412     |     |  | 4,412,254      |  
|Net loss from continuing operations                              |   | (42,498            | )   |  | (126,412    | )   |  | (4,412,254     | )
|Loss from discontinued operations                                |   | -                  |     |  | -           |     |  | (25,000        | )
|Net Loss                                                         | $ | (42,498            | ) $ |  | (126,412    | ) $ |  | (4,437,254     | )
|                                                                 |   |                    |     |  |             |     |  |                |  
|Net loss per share-basic and diluted                             | $ | (0.01              | ) $ |  | (0.03       | )   |  |                |  
|                                                                 |   |                    |     |  |             |     |  |                |  
|Number of common shares used to                                  |   |                    |     |  |             |     |  |                |  
|compute loss per share                                           |   |                    |     |  |             |     |  |                |  
|Basic and Diluted                                                |   | 5,939,789          |     |  | 4,365,623   |     |  |                |  

See notes to financial statements.

---

|Intrepid Global Imaging 3D, Inc. (Formerly
      Mangapets, Inc.)
|-----------------------------------------------------------------
|(A Development Stage Company)                                    
|Statements of Cash Flows                                         
|(Expressed in US Dollars)                                        
|                                                                 

|                                                           |   |                          |     |  |             |     |  | Cumulative     |  
|---------------------------------------------------------- | - | ------------------------ | --- |  | ----------- | --- |  | -------------- | -
|                                                           |   |                          |     |  |             |     |  | during the     |  
|                                                           |   |                          |     |  |             |     |  | development    |  
|                                                           |   |                          |     |  |             |     |  | stage (January |  
|                                                           |   | Three months ended March |     |  | 1, 2005 to  |    
|                                                           |   | 31,                      |     |  | March 31,   |    
|                                                           |   | 2007                     |     |  | 2006        |     |  | 2007)          |  
|                                                           |   | (Unaudited)              |     |  | (Unaudited) |     |  | (Unaudited)    |  
|Cash Flows from Operating Activities                       |   |                          |     |  |             |     |  |                |  
|Net income (loss)                                          | $ | (42,498                  | ) $ |  | (126,412    | ) $ |  | (4,437,254     | )
|Adjustments to reconcile net loss to net cash              |   |                          |     |  |             |     |  |                |  
|used for operating
      activities:                       |   |                          |     |  |             |     |  |                |  
|Accrued interest                                           |   | 144                      |     |  | -           |     |  | 144            |  
|Impairment of license agreement                            |   | -                        |     |  | -           |     |  | 25,000         |  
|Impairment of website development cost                     |   | -                        |     |  | -           |     |  | 477,275        |  
|Issuance of common stock for services                      |   | -                        |     |  | -           |     |  | 293,114        |  
|Issuance of common stock for bonuses                       |   | -                        |     |  | -           |     |  | 3,239,249      |  
|Changes in operating assets and
      liabilities:         |   |                          |     |  |             |     |  |                |  
|Receivable from related party                              |   | (25,000                  | )   |  | -           |     |  | (25,000        | )
|Prepaid expenses                                           |   | (10,347                  | )   |  | (501        | )   |  | (13,469        | )
|Accounts payable and accrued liabilities.                  |   | 25,217                   |     |  | 59,873      |     |  | 231,344        |  
|Due to former related parties                              |   | -                        |     |  | -           |     |  | (10,851        | )
|Net cash
      provided by (used for) operating activities |   | (52,484                  | )   |  | (67,040     | )   |  | (220,448       | )
|                                                           |   |                          |     |  |             |     |  |                |  
|Cash Flows from Investing Activities                       |   |                          |     |  |             |     |  |                |  
|Website development costs                                  |   | -                        |     |  | (2,217      | )   |  | (11,801        | )
|Net cash
      provided by (used for) investing activities |   | -                        |     |  | (2,217      | )   |  | (11,801        | )

**See notes to financial statements.**

---



|Intrepid Global Imaging 3D, Inc. (Formerly
      Mangapets, Inc.)
|-----------------------------------------------------------------
|(A Development Stage Company)                                    
|Statements of Cash Flows, continued                              
|(Expressed in US Dollars)                                        
|                                                                 

|                                                           |   |                          |  |   |             |   |   | Cumulative     |  
|---------------------------------------------------------- | - | ------------------------ |  | - | ----------- | - | - | -------------- | -
|                                                           |   |                          |  |   |             |   |   | during the     |  
|                                                           |   |                          |  |   |             |   |   | development    |  
|                                                           |   |                          |  |   |             |   |   | stage (January |  
|                                                           |   | Three months ended March |  |   | 1, 2005 to  |  
|                                                           |   |                          |  |   | 31,         |   |   | March 31,      |  
|                                                           |   | 2007                     |  |   | 2006        |   |   | 2007)          |  
|                                                           |   | (Unaudited)              |  |   | (Unaudited) |   |   | (Unaudited)    |  
|                                                           |   |                          |  |   |             |   |   |                |  
|                                                           |   |                          |  |   |             |   |   |                |  
|                                                           |   |                          |  |   |             |   |   |                |  
|Cash Flows from Financing Activities                       |   |                          |  |   |             |   |   |                |  
|Payments on notes payable                                  |   | -                        |  |   | -           |   |   | (52,362        | )
|Proceeds form notes payable                                |   | -                        |  |   | 12,143      |   |   | 19,067         |  
|Payments on loans payable                                  |   | -                        |  |   | -           |   |   | (28,387        | )
|Proceeds from advances payable                             |   | -                        |  |   | -           |   |   | 27,855         |  
|Proceeds from sales of common stock and warrants           |   | 80,015                   |  |   | 50,000      |   |   | 289,015        |  
|Net cash
      provided by (used for) financing activities |   | 80,015                   |  |   | 62,143      |   |   | 255,188        |  
|                                                           |   |                          |  |   |             |   |   |                |  
|Increase (decrease) in cash                                |   | 27,531                   |  |   | (7,114      | ) |   | 22,939         |  
|                                                           |   |                          |  |   |             |   |   |                |  
|Cash, beginning
      of period                            |   | 1,828                    |  |   | 7,118       |   |   | 6,420          |  
|                                                           |   |                          |  |   |             |   |   |                |  
|Cash, end of
      period                                  | $ | 29,359                   |  | $ | 4           |   | $ | 29,359         |  
|                                                           |   |                          |  |   |             |   |   |                |  
|                                                           |   |                          |  |   |             |   |   |                |  
|Supplemental disclosures of cash flow
      information:   |   |                          |  |   |             |   |   |                |  
|Interest paid                                              | $ | -                        |  | $ | -           |   | $ | -              |  
|Income taxes paid                                          | $ | -                        |  | $ | -           |   | $ | -              |  

See notes to financial statements.

---

|INTREPID GLOBAL IMAGING 3D, INC. (Formerly
      Mangapets, Inc.)
|-----------------------------------------------------------------
|(A Development Stage Company)                                    
|Statements of Stockholders' Equity (Deficiency)                  
|Period December 31, 2004 to March 31, 2007                       
|(Expressed in US Dollars)                                        
|                                                                 

|                                               |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   | Deficit     |       |   |          |  
|---------------------------------------------- |  | ------------ |  | - | --------------------- | ------- |  | ------- | ----------- | - | ------ | ----------- | - | ---------- | ------- | - | ---------- | ----- | - | ----------- | ----- | - | -------- | -
|                                               |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   | Accumulated |       |   |          |  
|                                               |  |              |  |   |                       |         |  |         |             |   |        |             |   | Additional |         |   |            |       |   | During the  |       |   |          |  
|                                               |  | Common Stock |  |   | Common Stock Issuable | Paid-in |  |         | Accumulated |   |        | Development |   |            |         |  
|                                               |  | Shares       |  |   | Amount                |         |  | Shares  |             |   | Amount | Capital     |   |            | Deficit |   |            | Stage |   |             | Total |  
|Balances, December 31, 2004                    |  | 4,028,914    |  | $ | 4,029                 |         |  | 88,594  |             | $ | 89     |             | $ | 7,783,096  |         | $ | (8,143,573 | )     | $ | -           |       | $ | (356,359 | )
|Issuance of common stock for                   |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   |             |       |   |          |  
|settlement of accrued expenses
      and debt  |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   |             |       |   |          |  
|January 2005                                   |  | 15,750       |  |   | 16                    |         |  | -       |             |   | -      |             |   | 13,984     |         |   | -          |       |   | -           |       |   | 14,000   |  
|August 2005                                    |  | 22,365       |  |   | 22                    |         |  | -       |             |   | -      |             |   | 74,528     |         |   | -          |       |   | -           |       |   | 74,550   |  
|September 2005                                 |  | 22,500       |  |   | 23                    |         |  | -       |             |   | -      |             |   | 29,977     |         |   | -          |       |   | -           |       |   | 30,000   |  
|November 2005                                  |  | 35,000       |  |   | 35                    |         |  | -       |             |   | -      |             |   | 83,965     |         |   | -          |       |   | -           |       |   | 84,000   |  
|Issuance of common stock and warrants for cash |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   |             |       |   |          |  
|May 2005                                       |  | 37,500       |  |   | 38                    |         |  | -       |             |   | -      |             |   | 49,962     |         |   | -          |       |   | -           |       |   | 50,000   |  
|June 2005                                      |  | -            |  |   | -                     |         |  | 18,750  |             |   | 19     |             |   | 24,981     |         |   | -          |       |   | -           |       |   | 25,000   |  
|September 2005                                 |  | 18,750       |  |   | 19                    |         |  | -       |             |   | -      |             |   | 24,981     |         |   | -          |       |   | -           |       |   | 25,000   |  
|Issuance of common stock issuable              |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   |             |       |   |          |  
|May 2005                                       |  | 88,594       |  |   | 89                    |         |  | (88,594 | )           |   | (89    | )           |   | -          |         |   | -          |       |   | -           |       |   | -        |  
|Issuance of common stock for services          |  |              |  |   |                       |         |  |         |             |   |        |             |   |            |         |   |            |       |   |             |       |   |          |  
|May 2005                                       |  | 7,500        |  |   | 7                     |         |  | -       |             |   | -      |             |   | 19,993     |         |   | -          |       |   | -           |       |   | 20,000   |  
|August 2005                                    |  | 3,750        |  |   | 4                     |         |  | -       |             |   | -      |             |   | 9,996      |         |   | -          |       |   | -           |       |   | 10,000   |  
|October 2005                                   |  | 2,500        |  |   | 2                     |         |  | -       |             |   | -      |             |   | 4,998      |         |   | -          |       |   | -           |       |   | 5,000    |  
|November 2005                                  |  | 20,000       |  |   | 20                    |         |  | -       |             |   | -      |             |   | 47,480     |         |   | -          |       |   | -           |       |   | 47,500   |  
|December 2005                                  |  | 12,500       |  |   | 12                    |         |  | -       |             |   | -      |             |   | 24,988     |         |   | -          |       |   | -           |       |   | 25,000   |  
|Net loss                                       |  | -            |  |   | -                     |         |  | -       |             |   | -      |             |   | -          |         |   | -          |       |   | (754,838    | )     |   | (754,838 | )
|Balances, December 31, 2005                    |  | 4,315,623    |  |   | 4,316                 |         |  | 18,750  |             |   | 19     |             |   | 8,192,929  |         |   | (8,143,573 | )     |   | (754,838    | )     |   | (701,147 | )

See notes to financial statements.

---

|INTREPID GLOBAL IMAGING 3D, INC. (Formerly
      Mangapets, Inc.)
|-----------------------------------------------------------------
|(A Development Stage Company)                                    
|Statements of Stockholders' Equity (Deficiency) -
      continued
|Period December 31, 2004 to March 31, 2007                       
|(Expressed in US Dollars)                                        
|                                                                 

|                                               |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  | Deficit     |     |  |            |  
|---------------------------------------------- |  | ------------ | - |  | --------------------- | - |  | ------- |  | - | ----------- |  |  | ------------ | - |  | ----------- | --- |  | ----------- | --- |  | ---------- | -
|                                               |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  | Accumulated |     |  |            |  
|                                               |  |              |   |  |                       |   |  |         |  |   |             |  |  | Additional   |   |  |             |     |  | During the  |     |  |            |  
|                                               |  | Common Stock |   |  | Common Stock Issuable |   |  | Paid-in |  |   | Accumulated |  |  | Development  |   |  |             |    
|                                               |  | Shares       |   |  | Amount                |   |  | Shares  |  |   | Amount      |  |  | Capital      |   |  | Deficit     |     |  | Stage       |     |  | Total      |  
|Balances, December 31, 2005                    |  | 4,315,623    |   |  | 4,316                 |   |  | 18,750  |  |   | 19          |  |  | 8,192,929    |   |  | (8,143,573  | )   |  | (754,838    | )   |  | (701,147   | )
|Issuance of common stock and warrants for cash |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  |             |     |  |            |  
|February 2006                                  |  | 50,000       |   |  | 50                    |   |  | -       |  |   | -           |  |  | 49,950       |   |  | -           |     |  | -           |     |  | 50,000     |  
|September 2006                                 |  | 30,000       |   |  | 30                    |   |  | -       |  |   | -           |  |  | 23,970       |   |  | -           |     |  | -           |     |  | 24,000     |  
|December 2006                                  |  | 35,000       |   |  | 35                    |   |  | -       |  |   | -           |  |  | 34,965       |   |  | -           |     |  | -           |     |  | 35,000     |  
|Issuance of common stock for services          |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  |             |     |  |            |  
|May 2006                                       |  | 37,500       |   |  | 37                    |   |  | -       |  |   | -           |  |  | 90,713       |   |  | -           |     |  | -           |     |  | 90,750     |  
|September 2006                                 |  | 102,500      |   |  | 102                   |   |  | -       |  |   | -           |  |  | 123,373      |   |  | -           |     |  | -           |     |  | 123,475    |  
|Issuance of common stock for bonuses           |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  |             |     |  |            |  
|April 2006                                     |  | 112,500      |   |  | 113                   |   |  | -       |  |   | -           |  |  | 206,887      |   |  | -           |     |  | -           |     |  | 207,000    |  
|May 2006                                       |  | 3,125,000    |   |  | 3,125                 |   |  | -       |  |   | -           |  |  | 7,577,500    |   |  | -           |     |  | -           |     |  | 7,580,625  |  
|Cancellation of common stock                   |  | (1,875,000   | ) |  | (1,875                | ) |  | -       |  |   | -           |  |  | (4,546,501   | ) |  | -           |     |  | -           |     |  | (4,548,376 | )
|Net loss                                       |  | -            |   |  | -                     |   |  | -       |  |   | -           |  |  | -            |   |  | -           |     |  | (3,639,918  | )   |  | (3,639,918 | )
|Balances, December 31, 2006                    |  | 5,933,123    |   |  | 10,249                |   |  | 37,500  |  |   | 19          |  |  | 19,946,715   |   |  | (16,287,146 | )   |  | (5,149,594  | )   |  | (1,479,738 | )
|Unaudited:                                     |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  |             |     |  |            |  
|Issuance of common stock for cash:             |  |              |   |  |                       |   |  |         |  |   |             |  |  |              |   |  |             |     |  |             |     |  |            |  
|February 2007                                  |  | 20,000       |   |  | 20                    |   |  | -       |  |   | -           |  |  | 29,980       |   |  | -           |     |  | -           |     |  | 30,000     |  
|March 2007                                     |  | 35,000       |   |  | 35                    |   |  | -       |  |   | -           |  |  | 49,980       |   |  | -           |     |  | -           |     |  | 50,015     |  
|Net loss                                       |  | -            |   |  | -                     |   |  | -       |  |   | -           |  |  | -            |   |  | -           |     |  | (42,498     | )   |  | (42,498    | )
|Balances, March
      31, 2007                 |  | 5,988,123 $  |   |  | 10,304                |   |  | 37,500  |  | $ | 19 $        |  |  | 20,026,675 $ |   |  | (16,287,146 | ) $ |  | (5,192,092  | ) $ |  | (1,442,221 | )

See notes to financial statements.

---

INTREPID GLOBAL IMAGING 3D, INC. (formerly MANGAPETS,
INC.)(A Development Stage Company)NOTES TO FINANCIAL
STATEMENTSMarch 31, 2007(Unaudited)

|Note 1. | Organization and Business
      Operations
|------- | ------------------------------------------

Intrepid Global Imaging, Inc. (formerly
MangaPets, Inc. and Newmark Ventures, Inc.) (the Company) (a development stage
company) was incorporated on March 4, 1998. The Company is a holding company
that was formed to acquire both majority and minority interests in various
business operations and assist in their development.

In January 2005, the Company decided to
discontinue its operations with respect to their right to promote, sell and
deploy the Triton product line of non-depository, indoor cash dispensers under
the license agreement obtained in 2003. The decision to discontinue this
component was made by management due to the Company's desire to shift its
business focus to other unrelated opportunities. Accordingly, as of December 31,
2004, the Company's cash dispenser operations were considered discontinued.
Since this was the Company's only operating component, the Company re-entered
the development stage as of January 1, 2005. There are no assets or liabilities
associated with this business component as of March 31, 2007 and 2006.

On July 15, 2005, the Company entered
into a Portal Development Agreement with Sygenics Interactive Inc. to develop
for the Company a functional interactive web portal. As more fully described in
Note 3, the Sygenics work was suspended in the first quarter of 2006 and to date
the Company has not resumed development of the web portal.

In the second and third quarters of
2006, the Company explored the potential acquisition of certain online gaming
assets. On September 18, 2006, the Company decided not to make the
acquisition.

On January 29, 2007, the Company
entered into an Agreement and Plan of Merger with Intrepid World Communications
Corp. (IWC) to merge assets into the Company in exchange for 20,000,000 shares
of Company common stock. The agreement is subject to satisfaction of certain
conditions precedent to closing, including the Companys providing for
$1,500,000 in financing. As of May 18, 2007, closing of this transaction has not
yet occurred. If an when the transaction is closed, an additional 2,000,000
shares of Company common stock is to be delivered to the Companys former chief
executive officer. IWC is a 3D product developer and licensor with offices in
Birmingham, Michigan.

On both March 14, 2005 and September
29, 2005, the Company effected three (3) for two (2) forward stock splits of its
common stock. On September 21, 2006, the Company effected a one (1) for two (2)
reverse stock split. The financial statements have been retroactively adjusted
to reflect these stock splits.



|Note 2. | Interim Financial Statements
|------- | ----------------------------

The unaudited financial statements as
of March 31, 2007 and for the three months ended March 31, 2007 and 2006 have
been prepared in accordance with accounting principles generally accepted in the
United States for interim financial information and with instructions to Form
10-QSB. In the opinion of management, the unaudited financial statements have
been prepared on the same basis as the annual financial statements and reflect
all adjustments, which include only normal recurring adjustments,

---

INTREPID GLOBAL IMAGING 3D, INC. (formerly MANGAPETS,
INC.)(A Development Stage Company)NOTES TO FINANCIAL
STATEMENTSMarch 31, 2007(Unaudited)

necessary to present fairly the
financial position as of March 31, 2007 and the results of operations and cash
flows for the periods ended March 31, 2007 and 2006. The financial data and
other information disclosed in these notes to the interim financial statements
related to these periods are unaudited. The results for the three months ended
March 31, 2007 is not necessarily indicative of the results to be expected for
any subsequent quarter of the entire year ending December 31, 2007. The balance
sheet at December 31, 2006 has been derived from the audited financial
statements at that date.

Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with accounting principles generally accepted in the United States have been
condensed or omitted pursuant to the Securities and Exchange Commissions rules
and regulations. These uanaudited financial statements should be read in
conjunction with our audited financial statements and notes thereto for the year
ended December 31, 2006 as included in our report on Form 10-KSB.



|Note 3. | Receivable from Related Party
|------- | -----------------------------

In the three months ended March 31, 2007, the Company made
advances totaling $25,000 to its chief executive officer. This receivable is
non-interest bearing and is due on demand.



|Note 4. | Website Development Costs
|------- | -------------------------

A summary of capitalized website
development costs activity for the year ended 2006 and 2005 follows:

| |                            |   | 2006     |   |   | 2005     |  
| | -------------------------- | - | -------- | - | - | -------- | -
| |                            |   |          |   |   |          |  
| | Balance, beginning of year | $ | 170,804  |   | $ | -        |  
| | Additions                  |   | 2,217    |   |   | 475,058  |  
| | Impairment charge          |   | (173,021 | ) |   | (304,254 | )
| | Balance, end of year       | $ | -        |   | $ | 170,804  |  

On July 15, 2005, the Company entered
into a Portal Development Agreement (the Agreement) with Sygenics Interactive
Inc. (Sygenics). The Agreement provided for the development by Sygenics of a
functional interactive web portal containing games, merchandizing, and
activities inspired by the Manga cartoon theme over a 12 month phased delivery
schedule. The Agreement also provided for payment of fees to Sygenics totaling
approximately $ 1,100,000 in successive monthly payments over the 12 month term
tied to the achievement of certain developmental milestones.

In the first quarter of 2006, a dispute
arose between the Company and Sygenics and the work was suspended. The Company
plans to try to invalidate the contract and to reach a settlement with Sygenics
for a lower amount than the $437,428 included in accounts payable and accrued
liabilities at March 31, 2007.

---

INTREPID GLOBAL IMAGING 3D, INC. (formerly MANGAPETS,
INC.)(A Development Stage Company)NOTES TO FINANCIAL
STATEMENTSMarch 31, 2007(Unaudited)

Although the Company may engage another web site developer to
complete the web portal, it has not done so to date. An impairment expense of
$304,254 was recorded in the fourth quarter of 2005 to reduce the capitalized
website development costs to $170,804 at December 31, 2005. An impairment
expense of $173,021 was recorded in the third quarter of 2006 to reduce the
capitalized website development costs to $0.



|Note 5. | Notes Payable
|------- | -------------

Notes payable consist of:

| |                                                                              |   | March 31,   |  |   | December 31, | 
| | ---------------------------------------------------------------------------- | - | ----------- |  | - | ------------ | 
| |                                                                              |   | 2007        |  |   | 2006         | 
| |                                                                              |   | (Unaudited) |  |   |              | 
| |                                                                              |   |             |  |   |              | 
| | Note payable to an individual, due on demand, including
      interest at 6% |   |             |  |   |              | 
| | accrued monthly, secured by all assets and
      revenues of the Company     | $ | 8,009       |  | $ | 7,891        | 
| |                                                                              |   |             |  |   |              | 
| | Note payable to a company, due on demand,
      including interest at 6%     |   |             |  |   |              | 
| | accrued monthly, secured by all assets and revenues of the
      Company     |   | 1,701       |  |   | 1,675        | 
| |                                                                              |   |             |  |   |              | 
| | Note payable to a company, due on demand, including
      interest at 6%     |   |             |  |   |              | 
| | accrued monthly, unsecured                                                   |   | -           |  |   | -            | 
| |                                                                              |   |             |  |   |              | 
| | Total                                                                        | $ | 9,710       |  | $ | 9,566        | 



|Note 6. | Due to Former Related Parties
|------- | -----------------------------

Due to former related parties consist of:

| |                                                        |   | March 31, 2007 |  |  | December 31, 2006 | 
| | ------------------------------------------------------ | - | -------------- |  |  | ----------------- | 
| |                                                        |   | (Unaudited)    |  |  |                   | 
| | Due to former chief executive officer and affiliates,  |   |                |  |  |                   | 
| | non-interest bearing, due on demand                    | $ | 4,237 $        |  |  | 4,237             | 
| | Due to former chief accounting officer and affiliates, |   |                |  |  |                   | 
| | non-interest bearing, due on demand                    |   | 51,779         |  |  | 51,779            | 
| | Total                                                  | $ | 56,016 $       |  |  | 56,016            | 

---

INTREPID GLOBAL IMAGING 3D, INC. (formerly MANGAPETS,
INC.)(A Development Stage Company)NOTES TO FINANCIAL
STATEMENTSMarch 31, 2007(Unaudited)



|Note 7. | Warrants
|------- | --------

A summary of warrant activity for the
three months ended March 31, 2007 and for the year ended December 31, 2006
follows:

| |                                           |  | Shares of Common Stock that Warrants are Exercisable Into |  
| | ----------------------------------------- |  | --------------------------------------------------------- | -
| |                                           |  | Three Months Ended March 31, 2007                         |  
| | Warrants outstanding, beginning of period |  | 177,500                                                   |  
| | Issued                                    |  | -                                                         |  
| | Exercised                                 |  | -                                                         |  
| | Expired                                   |  | (50,000                                                   | )
| | Warrants outstanding, end of period       |  | 127,500                                                   |  

The warrants outstanding at March 31,
2007 consist of:

Shares of CommonStock that Warrants
    
    
    Exercise
    
    
    ExerciseExpiration Date
    
    are
      Exercisable Into
    
    
    Price
    
    
    ProceedsMay 2, 2007
    
    37,500
    
    $
    4.00
    
    $
    150,000June 16, 2007
    
    18,750
    
    
    4.00
    
    
    75,000September 30, 2007
    
    41,250
    
    
    4.00
    
    
    165,000September 21, 2008
    
    30,000
    
    
    1.00
    
    
    30,000Total
    
    127,500
    
    
    
    
    $
    420,000




Note 8.
    Income Taxes


No provision for income taxes was
recorded in the three months ended March 31, 2007 and 2006 since the Company
incurred net losses in these periods.

At March 31, 2007, deferred tax assets consist
      of:Net operating
      loss carryforwards
    $
    1,734,000Less valuation allowance
    
    (1,734,000
    )Net
    
    $
    -


---

INTREPID GLOBAL IMAGING 3D, INC. (formerly MANGAPETS,
INC.)(A Development Stage Company)NOTES TO FINANCIAL
STATEMENTSMarch 31, 2007(Unaudited)

Based on managements present assessment, the Company has not
yet determined it to be more likely than not that a deferred tax asset of up to
approximately $ 1,734,000 attributable to the future utilization of the
approximately $ 5,100,000 in net operating loss carryforwards as of March 31,
2007 will be realized. Accordingly, the Company has provided a 100% allowance
against the deferred tax asset in the financial statements at March 31, 2007.
The Company will continue to review this valuation allowance and make
adjustments as appropriate. The net operating loss carryforwards expire in
varying amounts from year 2018 to 2027.

Current tax laws limit the amount of loss available to be
offset against future taxable income when a substantial change in ownership
occurs. Therefore, the amount available to offset future taxable income may be
limited.

---

|ITEM 2. | MANAGEMENTS PLAN OF OPERATION
|------- | -----------------------------

This Management's Plan of Operation and Results of Operations
and other parts of this report contain forward-looking statements that involve
risks and uncertainties. Forward-looking statements can also be identified by
words such as "anticipates," "expects," "believes," "plans," "predicts," and
similar terms. Forward-looking statements are not guarantees of future
performance and our actual results may differ significantly from the results
discussed in the forward-looking statements. Factors that might cause such
differences include, but are not limited to, those discussed in the subsections
entitled "Forward-Looking Statements and Factors That May Affect Future Results
and Financial Condition" below. The following discussion should be read in
conjunction with our financial statements and notes thereto included in this
report. All information presented herein is based on the period ended March 31,
2007. Our fiscal year end is December 31.

Readers are also urged to carefully review and consider the
various disclosures made by the Company that attempt to advise interested
parties of the factors which affect the Company's business, in this report, as
well as the Company's periodic reports on Forms 10-KSB, 10-QSB, and 8-K filed
with the Securities and Exchange Commission.

Business

The Company decided in early 2005 to discontinue its operations
with respect to the sale and deployment of the Triton product line of
non-depository, indoor cash dispensers in connection with a license agreement
acquired from Net Cash Services, Inc. in 2003. The Companys operations have
since focused on the development of an interactive web portal containing games,
merchandise, and activities inspired by the Manga theme, which describes
Japanese comic books and animated cartoons.

In addition to completing the Manga themed web portal, the
Company no longer intends to establish a U.K. based subsidiary company which
will pursue acquisitions in the gaming sector.

Subsequently on the advice of counsel, and recent unfavourable
events in the United States pertaining to on-line gaming, the Company has
concluded that it would not be in the best interest of our shareholders to
pursue on-line gaming ventures at this time.

Current Operations

After the signing of a letter of intent on April 14, 2005, the
Company entered into a Portal Development Agreement (Agreement) on July 15,
2005 with Sygenics Interactive Inc., (Sygenics), a developer of advanced
information management technology located in Montreal, Quebec, Canada, and an
authorized licensee of Sygenics Inc. The Agreement provided for the design,
development and deployment of an online virtual pet portal/website with highly
interactive two-dimensional graphical interfaces and a powerful multi-layered
back end engine to enable the building of a worldwide virtual community.

The web portal was to be designed by integrating a combination
of technologies previously developed and owned by Sygenics Inc., as well as
third party software, and new software to be developed specifically for the
Company by Sygenics.

Sygenics was expected to complete the first stage of the portal
by December of 2005 and complete the final stage in August of 2006.

However, in 2006, a dispute arose between the Company and
Sygenics. The work of Sygenics is currently suspended and the Company is in
negotiations to invalidate the contract and reach a settlement for a discount of
the remaining amounts due.

The Company is currently interviewing new development teams to
complete the MangaPets web portal.

---

The Company accepted the resignations from each of Mr. Woods,
Mr. Weinstock and Mr. LaCascia on September 25th and October
3rd respectively as a result of the decision discontinue attempts to
acquire internet gaming sites. On December 4, 2006 the Company signed a Letter
of Intent with Intrepid World Communications to merge one hundred percent (100%)
of their Entertainment and Medical assets (the Assets) as well as
documentation of its product licenses, agreements, office leases, patents,
copyrights, trade secrets, technology licenses and agreements with vendors and
customers, from a limited liability company organized and incorporated under the
laws of Delaware, In exchange for 20,000,000 shares of MangaPets, Inc.
restricted common stock.

Intrepid World Communications is a 3D Product Developer and
Licensor, Intrepid was incorporated in Delaware in 1994, and has been in pure
development since its inception. The company has offices in Birmingham,
Michigan. The Companys product, LifeVision is source neutral. Information can
be sent from live stereo cameras, stereo videotape, or computer. Source
information is projected through the holographic screen volumetrically with
images appearing to float up to 30 inches in front of the viewing screen. The
system requires no special glasses or eyewear and the image is seen clearly
regardless of the surrounding light.

The MangaPets web portal

The portal will contain games, merchandizing, and activities
inspired by the Manga theme. The term Manga has come to describe Japanese
comic books and animated cartoons. Included on the site will be:

| | 1 | interactive, engaging, and interesting Manga inspired
      characters, pets, species and avatars who the users will be able to
      identify;                                                                                                                                                                                                                                                                                                  
| | - | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | 2 | games and situations where users can accumulate virtual
      points which they can use to trade with other users or exchange for items
      for their pets, species or avatars;                                                                                                                                                                                                                                                                
| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | 3 | several different settings or environments which blend
      and join together to create one complete community or world through which
      users can traverse;                                                                                                                                                                                                                                                                                 
| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | 4 | storylines and narratives, names and profiles for the
      characters, names and descriptions for the different
  environments;                                                                                                                                                                                                                                                                                                                 
| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | 5 | a virtual shopping mall where national and international
      chain stores can rent web site space for the purpose of showcasing their
      goods and providing them with an advertising opportunity and where users
      will be able to use their virtual points to purchase virtual goods for
      their pets, species and avatars, as well as exchange them for discount
      purchase vouchers for "real" items for their personal use;
| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | 6 | an integrated back end e-commerce engine that will allow
      for the merchandising and licensing of products associated with the site;
      and                                                                                                                                                                                                                                                                                               
| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | 7 | Japanese, Chinese, Korean, French, Spanish, German,
      Italian and Portuguese translations of the site
content.                                                                                                                                                                                                                                                                                                                               

Online Communities

Since its widespread adoption in the mid-1990s, the world-wide
web has developed a large number of communities of people who share an interest
in a common set of cultural symbols and activities. Foremost among these are
gaming and role-playing communities. Advances in communications technologies,
and the concomitant rise in bandwidth and decrease in connection costs, have
caused these communities to increase rapidly in both size and activity in the
last five years.

A number of these communities, which are loyal to one or a few
web sites which cater to their interests, have generated substantial business
for the site owners. The sources of revenue vary, but the sites are largely
characterized by offering free access to a number of services (games,
information, chat rooms, email and so on), and charge only for the sale of
community-related merchandise. Click-through advertising revenues are the second
major source of revenue. Advertising sales may, in some cases, be the only or
the main source of revenue.

The Companys Approach

We will connect advertisers to consumers through a variety of
online marketing properties integrated throughout our services. Our advertising
and e-commerce products will include a broad range of targeting techniques for
online advertising, email campaigns, start-page placements and channel
sponsorship opportunities. We will also provide

---

consumers convenient access to third party Internet search
services throughout many of our Web properties and services and generate a
significant portion of our advertising and commerce revenues from our users
utilizing such search services

The MangaPets web portal is aimed at establishing an
international community of interest focused around a very popular and diverse
form of cultural expression, highly popular in a number of Asian countries, and
with rapidly growing popularity in North America. This community is not, thus
far, well-served in web sites catering to people whose languages and cultural
milieu originate from Europe.

Plan of Operations

During the next twelve months, the Company intends to continue
its attempts to develop an interactive web portal and explore other ventures in
the technology sector.

The Company does not have sufficient capital to operate over
the next fiscal year without a substantial infusion of operating capital. It
will be necessary for the Company to either borrow funds to operate or generate
operating funds through the sale of equity in the Company or its subsidiaries.
There can be no assurance that the Company will be able to generate sufficient
income from either borrowing, the sale of equity, or a combination thereof to
allow it to operate its business during the coming year. Unless the Company is
successful in raising additional operating capital, it will not have sufficient
funds to operate during the balance of the fiscal year.

Results of OperationsRevenue

During the three month period ended September 30, 2006, the
Company paused on the development of the MangaPets web portal.

The Company, as of September 30, 2006, is in the development
stage and is yet to realize revenues. The Company does not expect to realize
revenues before the completion of the first stage of its interactive web
portal.

The Company expects to continue to operate at a loss through
fiscal 2006 and may continue to operate at a loss until the web portal defined
fully operational. Further, due to the developmental nature of its business
operations, the Company cannot determine whether it will ever generate revenues
from operations.

Losses

For the period from January 1, 2005 (date upon which the
Company re-entered the development stage) to March 31, 2007, the Company
recorded an operating loss of $4,412,254. The majority of the Companys
operating losses are attributable to general and administrative expenses of
$3,790,573 and costs in connection with the planning and impairment of the web
portal of $477,275. The Company did not generate any revenues during this
period. The Company expects to continue to incur net losses in future periods
until such time as it can generate revenue. However, there is no assurance that
the Company will ever generate sufficient revenues to fund operations.

Income Tax Expense (Benefit)

The Company has an income tax benefit resulting from net
operating losses to offset any future operating profit. The Company has not
recorded this benefit in the financial statements as it does not meet the
accounting criteria to do so.

Capital Expenditures

The Company has written off $477,275 in capital expenditures
for the period from January 1, 2005 (date upon which the Company re-entered the
development stage) to March 31, 2007 in connection with the development of the
web portal.

---

Liquidity and Capital Resources

The Company is in the development stage and, since inception, has experienced significant changes in liquidity, capital resources and shareholders equity. The Company had current and total assets of $67,828 as of March 31, 2007. These
assets consist of cash on hand of $29,359, $25,000 receivable from a related party and $13,469 in prepaid expenses. Net stockholders deficiency in the Company was $741,074 at March 31, 2007.

Cash flow used in operating activities was $52,484 for the three month period ended March 31, 2007 as compared to cash used in operating activities of $67,040 for the three month period ended March 31, 2006. The decrease of cash flow used in
operating activities was due in large part to the increase in net losses.

Cash flow used in investing activities was $nil for the three month period ended March 31, 2007 as compared to cash flow used in investing activities of $2,217 for the three month period ended March 31, 2006. The amount in the prior period
was related to the investment in the development of the Companys website.

Cash flow provided from financing activities was $80,015 for the three month period ended March 31, 2007 as compared to cash flow provided from financing activities of $62,143 for the three month period ended March 31, 2006. Funds realized
from financing activities in the current three month period can be attributed primarily to the sale of our common stock and proceeds from advances.

The Companys current assets are not sufficient to conduct its plan of operation over the next twelve months. Website development costs associated with the completion of the web portal alone exceed current assets. The Company will have to seek
debt or equity financing to fund costs attendant to the Manga themed project, in addition to obtaining sufficient capital to meet operating expenses. However, the Company has no current commitments or arrangements with respect to funding
or immediate sources of funding. Further, no assurances can be given that funding would be available or available to the Company on acceptable terms. Although, the Companys major shareholders would be the most likely source of new funding in
the form of debt or equity placements none have made any commitment for future investment and the Company has no agreement formal or otherwise.

Should the Company be unsuccessful in completing debt or equity placements in connection with the obligations created by its Agreement with the developer, and the anticipated development of the Manga inspired online virtual pet
portal/website. Accordingly, the Companys inability to obtain funding would have a material adverse effect on its plan of operation.

The Company has no current plans for the purchase or sale of any plant or equipment. The Company has no current plans to make any changes in the number of employees. The Company has no defined benefit plan with any of its officers or directors.

Critical Accounting Policies

In the notes to the audited consolidated financial statements for the year ended December 31, 2005 and in our Annual Report on Form 10-KSB filed with the Securities and Exchange Commission. The Company discusses those accounting policies that are
considered to be critical in determining the results of operations and its financial position. We believe that the accounting principles it uses conform to accounting principles generally accepted in the United States of America.

Forward Looking Statements and Factors That May Affect Future Results and Financial Condition

The statements contained in sections titled Plan of Operation, with the exception of historical facts, are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which reflect our current
expectations and beliefs regarding our future results of operations, performance, and achievements. These

---

statements are subject to risks and uncertainties and are based
upon assumptions and beliefs that may or may not materialize. These forward
looking statements include, but are not limited to, statements concerning:

| | 1  | Our ability to successfully implement our business
      strategies;                          
| | -- | ----------------------------------------------------------------------------------------------
| | 2  | The success or failure of our the business opportunities
      that we are pursuing;          
| | 3  | Our anticipated financial performance;                                                        
| | 4  | The sufficiency of existing capital resources;                                                
| | 5  | Our ability to raise additional capital to fund cash
      requirements for future operations;
| | 6  | uncertainties related to the Companys future business
      prospects;                       
| | 7  | The ability of the Company to generate revenues to fund
      future operations;              
| | 8  | changes in the laws and government regulations applicable
      to us;                        
| | 9  | The volatility of the stock market and;                                                       
| | 10 | General economic conditions.                                                                  

We wish to caution readers that the Companys operating results
are subject to various risks and uncertainties that could cause our actual
results to differ materially from those discussed or anticipated, including the
factors set forth in the section entitled Risk Factors. We also wish to advise
readers not to place any undue reliance on the forward looking statements
contained in this report, which reflect our beliefs and expectations only as of
the date of this report. We assume no obligation to update or revise these
forward looking statements to reflect new events or circumstances or any changes
in our beliefs or expectations, other that is required by law.

RISK FACTORS

Our future operating results are highly uncertain. Before
deciding to invest in us or to maintain or increase your investment, you should
carefully consider the risks described below, in addition to the other
information contained in this annual report. If any of these risks actually
occur, our business, financial condition or results of operations could be
seriously harmed. In that event, the market price for our common stock could
decline and you may lose all or part of your investment.

Risks Related to our Developing OperationsOur
business model is unproven.

Our business model depends upon our ability to implement and
successfully execute our business and marketing strategy, which includes the
following: develop, deploy, and enhance the technology and systems which will
underlie the interactive web portal; attract users of the web portal at a
reasonable cost; reliably process transactions through the web portal; locate,
develop and maintain strategic relationships with advertisers who wish to target
the demographic groups which use the Companys web portal.

As our business model is unproven, we cannot be certain that
our business strategy will be successful or that we will ever be profitable.

We might not be able to establish and strengthen a brand
identity.

We believe that establishing a strong brand loyalty is critical
to achieving acceptance of the web portal. Promoting and positioning our brand
will depend largely on the success of our marketing efforts and our ability to
provide consistent, high-quality experiences on the web portal. Our brand
promotion activities might not be successful or, even if successful, result in
enough revenues to offset the expenses incurred.

We might not be able to determine or design features and
functionality that Web Portal users and advertisers require or prefer.

---

We are designing and developing the web portal based upon existing web sites and the experience and insights of our management. Our success will depend in part upon our ability to accurately determine the features and functionality that the web
portal users and advertisers require or prefer, and our ability to successfully design and implement solutions that include these features and functionality. We cannot be certain that the features and functionality that we plan to offer in the web
portal will satisfy the requirements or preferences of our current or potential customers.

We will depend on third parties to provide reliable software, systems, and services.

We currently have no technology assets or resources to build the web portal. We plan to rely substantially upon third-party service providers to help us build, maintain, and house key components of our web portal. These services might not be
available in a timely manner or on commercially reasonable terms. Failure to obtain the necessary services to enable us to build, maintain, and house our web portal could have a materially adverse effect on our business, financial condition, results
of operations, and prospects.

In addition, several of the third-parties upon whom we plan to depend upon have a limited operating history, have relatively immature technology, and are themselves dependent on reliable delivery of services from others. As a result, our ability to
deliver various services to our users might be adversely affected by the failure of these third parties to provide reliable software, systems, and related services to us.

The online web services markets are intensely competitive.

Many different companies are positioned to emerge as competitors in this marketplace. Many of our potential competitors have longer operating histories, significantly greater financial, technical, marketing, and other resources than we have, a
significantly greater name recognition, a larger installed base of potential customers, and more extensive knowledge of our industry. Such competitors might be able to spend more aggressively on marketing and advertising for their brands, products,
and services. They also might adopt more aggressive pricing policies and make more attractive offers to employees.

There are minimal barriers to entry in our market, and competitors can launch web-enabled products and service at relatively low cost. Other companies may develop products and services that are less expensive and more useful to the hard goods
industry. These companies might be more successful in their marketing efforts and thereby limit our ability to gain market share.

Our ability to protect the intellectual property to be developed is uncertain.

We believe that intellectual property will be critical to our success. We will rely on trademark, copyright, and trade secret protection to protect our intellectual property. The measures we take to protect our intellectual property might not be
successful, which could have a materially adverse effect on our business. The United States or foreign jurisdictions might not grant us any copyrights, trademarks, or other protection for our intellectual property. There also can be no assurance
that our intellectual property rights will not be challenged, invalidated, or circumvented, by others or that our intellectual property rights will provide us with a competitive advantage.

If other parties assert infringement claims against us, the defense of any such claim, whether with or without merit, could be time-consuming, result in substantial litigation expenses, and diversion of technical management personnel. If any such
claims are adversely determined, we might be required to develop non-infringing technology or enter into licensing agreements. These licensing agreements, if required, might not be available on terms acceptable to us, or at all. In the event a claim
of infringement is successfully asserted against us and our failure or inability to develop non-infringing technology or license the infringed or similar technology on a timely basis, would be likely to materially and adversely affect our business,
financial condition, results of operations, and prospects.

---

General Risks

We have a history of significant operating losses and such losses may continue in the future.

Since our inception in 1998, our expenses have substantially exceeded our revenue, resulting in continuing losses and an accumulated deficit of $8,898,411 at December 31, 2005. During fiscal 2005, we recorded a net loss of $754,838. We will
continue to incur operating losses as we maintain our search for a suitable business opportunity and satisfy our ongoing disclosure requirements with the Securities and Exchange Commission ("Commission"). Our only expectation of future profitability
is dependent upon our ability to fully develop our anticipated web portal, which can in no way be assured. Therefore, we may never be able to achieve profitability.

We anticipate that we will incur operating losses for the foreseeable future.

We expect to incur substantial operating losses for the foreseeable future. We intend to increase our operating expenses substantially as we increase our product development, marketing, and brand building activities. We will increase our general and
administrative functions to support our growing operations. We will need to generate significant revenues to achieve profitability, and we might not be able to sustain or increase profitability in the future. We will be dependent upon our ability to
obtain additional capital form borrowing and the sale of securities to fund our operations. There is no assurance that additional capital can be obtained or that it can be obtained on terms that are favourable to the Company and its existing
stockholders.

The market for our stock is limited and our stock price may be volatile.

The market for our common stock has been limited due to low trading volume and the small number of brokerage firms acting as market makers. Because of the limitations of our market and volatility of the market price of our stock, investors may face
difficulties in selling shares at attractive prices when they want to. The average daily trading volume for our stock has varied significantly from week to week and from month to month, and the trading volume often varies widely from day to day.

We may incur significant expenses as a result of being quoted on the Over the Counter Bulletin Board, which may negatively impact our financial performance.

We may incur significant legal, accounting and other expenses as a result of being listed on the Over the Counter Bulletin Board. The Sarbanes-Oxley Act of 2002, as well as related rules implemented by the Commission, have required changes in
corporate governance practices of public companies. We expect that compliance with these laws, rules and regulations, including compliance with Section 404 of the Sarbanes-Oxley Act of 2002 as discussed in the following risk factor, may
substantially increase our expenses, including our legal and accounting costs, and make some activities more time-consuming and costly. As a result, there may be a substantial increase in legal, accounting and certain other expenses in the future,
which would negatively impact our financial performance and could have a material adverse effect on our results of operations and financial condition.

Our internal controls over financial reporting may not be considered effective, which could result in a loss of investor confidence in our financial reports and in turn have an adverse effect on our stock price.

Pursuant to Section 404 of the Sarbanes-Oxley Act of 2002, beginning with our annual report for the year ending December 31, 2007, we may be required to furnish a report by our management on our internal controls over financial reporting. Such
report will contain, among other matters, an assessment of the effectiveness of our internal controls over financial reporting as of the end of the year, including a statement as to whether or not our internal controls over financial reporting are
effective. This assessment must include disclosure of any material weaknesses in our internal controls over financial reporting identified by management. The report will also contain a statement that our independent registered public accounting firm
has issued an attestation report on management's assessment

---

of internal controls. If we are unable to assert that our
internal controls are effective as of December 31, 2007 or if our independent
registered public accounting firm is unable to attest that our management's
report is fairly stated or they are unable to express an opinion on our
management's evaluation or on the effectiveness of our internal controls,
investors could lose confidence in the accuracy and completeness of our
financial reports, which in turn could cause our stock price to decline.

Going Concern

The Companys independent auditors have modified their report
on the Companys 2006 financial statements to indicate that there is substantial
doubt as to the Companys ability to continue as a going concern as a result of
a net loss of $754,838 and $224,152 in 2006 and 2005, respectively, a
discontinuation of its only operating component as of December 31, 2005, and a
net deficiency in capital of $701,147 as of December 31, 2006. The Companys
ability to continue as a going concern is subject to the ability of the Company
to realize a profit and /or obtain funding from outside sources. Managements
plan to address the Companys ability to continue as a going concern includes:
(1) obtaining funding from private placement sources; (2) obtaining additional
funding from the sale of the Companys securities; (3) establishing revenues
from prospective business opportunities; (4) obtaining loans and grants from
various financial institutions where possible. Although management believes that
it will be able to obtain the

necessary funding to allow the Company to remain a going
concern through the methods discussed above, there can be no assurances that
such methods will prove successful.

|ITEM 3. | CONTROLS AND PROCEDURES
|------- | -----------------------

| | Name          | Age | Position(s) and Office(s)                 
| | ------------- | --- | ------------------------------------------
| | Jim Fischbach | 60  | Chief Executive Officer and
      Director
| | Lonny Bassin  | 57  | Chief Financial Officer and Director      
| | John Byrne    | 78  | Director                                  
| | Gabe Werba    | 71  | Director                                  
| | Donald Miller | 72  | Director                                  
| | John Clark    | 74  | Director                                  
| | Ryan Hamouth  | 24  | Director                                  

The Companys Chief executive officer and Chief Financial
officer are responsible for establishing and maintaining disclosure controls and
procedures for the Company.

|(a) | Evaluation of Disclosure Controls and
  Procedures
|--- | --------------------------------------------------

Under the supervision and with the participation of our
management, including our principal executive officer and principal financial
officer, we evaluated the effectiveness of the design and operation of our
disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e)
under the Exchange Act, as of December 31, 2006. Based on this evaluation, our
principal executive officer and our principal financial officer concluded that,
as of the end of the period covered by this report, our disclosure controls and
procedures were effective and adequately designed to ensure that the information
required to be disclosed by us in the reports we submit under the Exchange Act
is recorded, processed, summarized and reported within the time periods
specified in the applicable rules and forms and that such information was
accumulated and communicated to our chief executive officer and chief financial
officer, in a manner that allowed for timely decisions regarding disclosure.

|(b) | Changes in Internal Controls
|--- | ----------------------------

---

During the period ended March 31, 2007, there has been no
change in internal control over financial reporting that has materially
affected, or is reasonably likely to materially affect our internal control over
financial reporting.

The Companys management, including the chief executive officer
and chief financial officer, does not expect that its disclosure controls or
internal controls will prevent all error and all fraud. A control system, no
matter how well conceived and operated, can provide only reasonable, not
absolute, assurance that the objectives of the control system are met. In
addition, the design of a control system must reflect the fact that there are
resource constraints, and the benefits of controls must be considered relative
to their costs. Because of the inherent limitations in all control systems, no
evaluation of controls can provide absolute assurance that all control issues
and instances of fraud, if any, within a company have been detected. These
inherent limitations include the realities that judgments in decision-making can
be faulty, and that breakdowns can occur because of simple error or mistake.

Additionally, controls can be circumvented by the individual
acts of some persons, by collusion of two or more people or by managements
override of the control. The design of any systems of controls is based in part
upon certain assumptions about the likelihood of future events, and there can be
no assurance that any design will succeed in achieving its stated goals under
all potential future conditions. Over time, control may become inadequate
because of changes in conditions, or the degree of compliance with the policies
or procedures may deteriorate. Because of these inherent limitations in a
cost-effective control system, misstatements due to error or fraud may occur and
not be detected.

|PART II | OTHER INFORMATION
|------- | -----------------
|        |                  
|ITEM 1. | LEGAL PROCEEDINGS

On January 5, 2005, Integrity Securities, LLC (the Claimant)
initiated an arbitration action over the terms of a Financial Consulting
Services Agreement (the Agreement), dated December 6, 2002. The purpose of the
arbitration was to determine whether the 250,000 shares issued to the Claimant
pursuant to the Agreement could be cancelled for failure to provide consulting
services. On February 16, 2006, the International Centre for Dispute Resolution
provided the Company with a copy of the Award of Arbitrator in the matter with
the Claimant, which

concluded that (a) the Claimant was owed nothing on any of its
claims against the Company, (b) that we were entitled to cancel and rescind the
issuance of certain shares to the claimant, and (c) that each side would bear
its own attorney fees.

|ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES
|------- | ---------------------------------------

On February 7, 2007, the Company issued 2,000,000 shares of
common stock, par value $0.001, to Rene Hamouth pursuant to the Agreement and
Plan of Merger between MangaPets Inc. and Intrepid World Communications
Corporation dated January 29.The Company relied upon the exemption from
securities registration pursuant to Section 4(2) and Regulation S promulgated by
the Commission pursuant to the Securities Act.

The Company made this offering based on the following factors:
(1) the issuance was an isolated private transaction by the Company which did
not involve a public offering; (2) there was only one offeree who was issued the
Companys stock as a bonus for providing services to the Company; (3) the
offeree stated an intention not to resell the stock; (4) there were no
subsequent or contemporaneous public offerings of the stock; (5) the stock was
not broken down into smaller denominations; and (6) the negotiations that lead
to the issuance of the stock took place directly between the offeree and the
Company.

The Company complied with the requirements of Regulation S by
having no directed offering efforts made in the United States, by offering to
only to an offeree who was outside the United States at the time the agreement

---

originated, and ensuring that the entity to whom the stock were issued was a non- U.S. person with an address in a foreign country.

On February 7, 2007, the Company issued 20,000,000 shares of common stock, par value $0.001, to Jim Fischbach pursuant to the Agreement and Plan of Merger between MangaPets Inc. and Intrepid World Communications Corporation dated January 29.The
Company relied upon the exemption from securities registration pursuant to Section 4(2) and Regulation D promulgated by the Commission pursuant to the Securities Act of 1933.

The Company made this offering based on the following factors: (1) the issuance was an isolated private transaction by the Company which did not involve a public offering; (2) there was only one offeree who was issued the Companys stock as a
bonus for providing services to the Company; (3) the offeree stated an intention not to resell the stock; (4) there were no subsequent or contemporaneous public offerings of the stock; (5) the stock was not broken down into smaller denominations;
and (6) the negotiations that lead to the issuance of the stock took place directly between the offeree and the Company.

On December 12, 2006, the Company completed the sale of Thirty Five Thousand (35,000) shares of common stock, par value $.001 to Roger and Davina S. Lockhart, residents of Arkansas USA, at $1.00 yielding gross proceeds to the Company of
$35,000. The Company relied upon the exemption from securities registration pursuant to Section 4(2) and Regulation D promulgated by the U.S. Securities and Exchange Commission pursuant to the Securities Act of 1933.

The Company made this offering based on the following factors: (1) the issuance was an isolated private transaction by the Company which did not involve a public offering; (2) there was only one offeree who was issued the Companys stock as a
bonus for providing services to the Company; (3) the offeree stated an intention not to resell the stock; (4) there were no subsequent or contemporaneous public offerings of the stock; (5) the stock was not broken down into smaller denominations;
and (6) the negotiations that lead to the issuance of the stock took place directly between the offeree and the Company.

On February 17, 2007, the Company completed the sale of Twenty Thousand (20,000) shares of common stock, par value $.001 to Jagroop Singh Sidhu a resident of Washington USA, at $1.50 yielding gross proceeds to the Company of $30,000. The
Company relied upon the exemption from securities registration pursuant to Section 4(2) and Regulation D promulgated by the U.S. Securities and Exchange Commission pursuant to the Securities Act of 1933.

The Company made this offering based on the following factors: (1) the issuance was an isolated private transaction by the Company which did not involve a public offering; (2) there was only one offeree who was issued the Companys stock as a
bonus for providing services to the Company; (3) the offeree stated an intention not to resell the stock; (4) there were no subsequent or contemporaneous public offerings of the stock; (5) the stock was not broken down into smaller denominations;
and (6) the negotiations that lead to the issuance of the stock took place directly between the offeree and the Company.

On March 24, 2007, the Company completed the sale of Thirty Five Thousand (35,000) shares of common stock, par value $.001 to Roger and Davina S. Lockhart, residents of Arkansas USA, at $1.429 yielding gross proceeds to the Company of
$50,015. The Company relied upon the exemption from securities registration pursuant to Section 4(2) and Regulation D promulgated by the U.S. Securities and Exchange Commission pursuant to the Securities Act of 1933.

The Company made this offering based on the following factors: (1) the issuance was an isolated private transaction by the Company which did not involve a public offering; (2) there was only one offeree who was issued the Companys stock as a
bonus for providing services to the Company; (3) the offeree stated an intention not to resell the stock; (4) there were no subsequent or contemporaneous public offerings of the stock; (5) the stock was not broken down into smaller denominations;
and (6) the negotiations that lead to the issuance of the stock took place directly between the offeree and the Company.

---

The Company complied with the requirements of Regulation S by
having no directed offering efforts made in the United States, by offering to
only to an offeree who was outside the United States at the time the agreement
originated, and ensuring that the entity to whom the stock and warrants were
issued was a non-U.S. person with an address in a foreign country.

|ITEM 3. | DEFAULTS UPON SENIOR SECURITIES
|------- | -------------------------------

None.

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

None.

|ITEM 5. | OTHER INFORMATION
|------- | -----------------

On September 20, 2006, the Companys board of directors
approved a two (2) for one (1) reverse stock split. The quoted price of the
Companys stock reflected the stock split on September 21, 2006.

On Jan 29, 2007 Mangapets Inc. entered into a Material
Definitive Agreement with Intrepid World Communications to merge one hundred
percent (100%) of their Entertainment and Medical assets as well as
documentation of its product licenses, agreements, office leases, patents,
copyrights, trade secrets, technology licenses and agreements with vendors and
customers.

On February 7, 2007, the board of directors of the Company
accepted the resignation of Rene Hamouth as a director and as the Companys
chief executive officer and chief financial officer.

On February 7, 2007, the Company appointed Jim Fischbach as a
director and as the Companys Chief Executive officer. The appointment of Mr.
Byrne to the Companys board of directors was pursuant to the Agreement and Plan
of Merger between MangaPets Inc. and Intrepid World Communications Corporation
dated January 29, 2007.

On February 7, 2007, the Company appointed John Byrne as a new
member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Byrne to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 7, 2007, the Company appointed Gabe Werba as a new
member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Werba to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 7, 2007, the Company appointed Donald Miller as a
new member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Miller to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

On February 7, 2007, the Company appointed John Clark as a new
member of the board of directors to serve until the Companys next annual
meeting of stockholders. The appointment of Mr. Clark to the Companys board of
directors was pursuant to the Agreement and Plan of Merger between MangaPets
Inc. and Intrepid World Communications Corporation dated January 29, 2007.

---

On February 8, 2007, the board of directors appointed Lonny
Bassin as the Companys Chief Financial Officer. The appointment of Mr. Bassin
as the Companys chief financial officer was pursuant to the Agreement and Plan
of Merger between MangaPets Inc. and Intrepid World Communications Corporation
dated January 29, 2007.

On February 12, 2007, the board of directors approved an
amendment to the certificate of incorporation name to Intrepid Global Imaging
3D, Inc. The name change became effective on February 16, 2007.

|ITEM 6. | EXHIBITS
|------- | --------

Exhibits required to be attached by Item 601 of Regulation S-B
are listed in the Index to Exhibits on page 30 of this Form 10-QSB, and are
incorporated herein by this reference.

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, this 12th day of April 2007.

| |                                                                                 
| | --------------------------------------------------------------------------------
| |                                                                                 
| | /s/ Jim Fischbach                                                               
| | By: Jim Fischbach, Chief Executive Officer                                      
| |                                                                                 
| | /s/ Lonny Bassin                                                                
| | By: Lonny Bassin, Chief Financial Officer and Principle
      Accounting Officer

INDEX TO EXHIBITS

|Exhibit | Page |                                                                                                                                                          
|------- | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------
|No.     | No.  | Description                                                                                                                                              
|        |      |                                                                                                                                                          
|3(i)(a) | *    | Articles of Incorporation dated
      March 4, 1998. (Incorporated by reference from Form 10SB filed with the
      SEC on January 5, 2000.)             
|3(i)(b) | *    | Amended Articles of Incorporation dated April
      23,1998. (Incorporated by reference from Form 10SB filed with the SEC on
      January 5, 2000.)     
|3(i)(c) | *    | Amended Articles of
      Incorporation dated January 4, 2002. (Incorporated by reference from Form
      10KSB filed with the SEC on May 21, 2003.)     
|3(i)(d) | *    | Amended Articles of Incorporation dated
      December 19, 2003. (Incorporated by reference from Form 10KSB filed with
      the SEC on May 20, 2004.)   
|3(i)(e) | *    | Amended Articles of
      Incorporation dated November 4, 2004. (Incorporated by reference from Form
      10KSB filed with the SEC on April 15,2005)    
|3(i)(f) | *    | Amended Articles of Incorporation dated
      September 7,2005. (Incorporated by reference from Form 10QSB filed with
      the SEC on November 16, 2005)
|3(ii)   | *    | By-Laws dated April 23, 1998.
      (Incorporated by reference from Form 10SB filed with the SEC on January 5,
      2000.)                              

---

|10(i)    | *    | The 2003 Benefit Plan of Delta
      Capital Technologies, Inc. dated August 20, 2003 (Incorporated by reference
      from Form S-8 filed with the SEC on August 26, 2003)                                            
|-------- | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|10(ii)   | *    | Employee Agreement dated April
      30, 2004 between the Company and Kent Carasquero. (Incorporated by reference
      from Form 10KSB filed with the SEC on May 20, 2004                                             
|10(iii)  | *    | Employee Agreement dated April
      30, 2004 between the Company and Martin Tutschek. (Incorporated by reference
      from Form 10KSB filed with the SEC on May 20, 2004)                                            
|10(iv)   | *    | Employee Agreement dated October
      1, 2004 between the Company and Roderick Shand (Incorporated by reference
      from Form 10KSB filed with the SEC on April 15, 2005)                                           
|10(v)    | *    | Employee Agreement dated October
      1, 2004 between the Company and Mr. Paul Bains (Incorporated by reference
      from Form 10KSB filed with the SEC on April 15, 2005)                                           
|10(vi)   | *    | Consulting Agreement dated October
      1,2004 between the Company and Mr. Carasquero. (Incorporated by reference
      from Form 10KSB filed with the SEC on April 15, 2005)                                         
|10(vii)  | *    | Portal Development Agreement dated
      July 15, 2005 between the Company and Sygenics Interactive Inc. (Incorporated
      by reference from Form 8-K filed with the SEC on August 9, 2005)                          
|10(viii) | *    | Debt Settlement Agreement dated
      August 3, 2005 between the Company and Rajesh Vadavia and Sygenics Interactive,
      Inc. (Incorporated by reference from Form 10KSB filed with the SEC on April
      17, 2006)
|10(ix)   | *    | Debt Settlement Agreement dated
      September 30, 2005 between the Company and Leslie Lounsbury. (Incorporated
      by reference from Form 10QSB filed with the SEC on November 16, 2005)                           
|10(x)    | *    | Debt Settlement Agreement dated
      November 9,2005 between the Company and Roderick Shand. (Incorporated by
      reference from Form 10KSB filed on April 17,2006)                                                 
|10(xi)   | *    | Debt Settlement Agreement dated
      November 9, 2005 between the Company and Paul Bains. (Incorporated by reference
      from Form 10KSB filed on April 17, 2006)                                                   
|14       | *    | Code of Ethics (Incorporated by
      reference from Form 10KSB filed with the SEC on April 15, 2005)                                                                                                                  
|31.1     | 31.1 | Certification
      of CEO Pursuant to Rule 13a-14(A) 15d-14(A) of the Securities Act of 1934
      as amended, as adopted pursuant to section 302 of the Sarbanes-Oxley Act
      of 2002                             
|31.2     | 31.2 | Certification of
      CFO Pursuant to Rule 13a-14(A) 15d-14(A) of the Securities Act of 1934 as
      amended, as adopted pursuant to section 302 of the Sarbanes-Oxley Act of
      2002                             
|32.1     | 32.1 | Certification Pursuant
      to 18 U.S.C. Section 1350, Section 906 of the Sarbanes-Oxley Act of 2002.                                                                                                                 

* Incorporated by reference from previous filings of the
Company

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